In the heart of Silicon Valley, a soft landing for licensees

The Leavey School of Business at Santa Clara University is one of the top three business schools in the California Bay Area, home to Silicon Valley and hundreds of technology companies. File photo

Hundreds of technology companies are based in the Bay Area of ​​California, particularly concentrated in the South Bay region known as Silicon Valley. As tens of thousands of tech workers lose their jobs in a major industrial bloodshed, it makes sense that the region’s business schools are stepping in and offering to help the unemployed get back on their feet.

That was the reasoning of the Haas School of Business at UC-Berkeley, which has offered those terminated in the past six months not only an application fee waiver for its part-time and full-time MBA programs. , but also an extension – and that’s why Santa Clara University’s Leavey School of Business has launched an initiative to support recently laid-off workers by making it easier to enroll in a series of degree programs and by offering a non-negligible scholarship amount for admissions: $3,000, minimum.

Leavey may be less well-known than Berkeley Haas or the Bay Area’s other B school, the Stanford Graduate School of Business, but its appeal to tech workers is well established. The school’s Evening MBA was ranked 19th part-time program in the country by US News and World Report in 2023, making this the fourth consecutive year of a top-25 ranking for SCU. Leavey’s Executive MBA is ranked #13 by the magazine. Leveraging its close ties to its neighbors, the Leavey School also ranks highly for employment in tech companies, with 85% of its on-campus master’s graduates working in Silicon Valley companies.

“In the virtual world, you can work from anywhere on the globe, but location still matters,” said Ed Grier, dean of the Leavey School. Poets&Quants. “Over 80% of our graduates stay in Silicon Valley, producing a strong alumni network that consistently provides placement for our graduates. As one of the nation’s leaders in big tech jobs, students can be confident that the power of our Santa Clara network, when combined with hands-on, real-world experience provided by industry-leading faculty with decades of experience in technology, prepare them for success in today’s market.

TENS OF THOUSANDS LAID OFF; B-SCHOOLS ENTER THE GAP

Ed Grier, Dean of Leavey: “It’s disheartening to see so many tech experts losing their jobs.”

Tech layoff tracking site TrueUp reports that as of December 12, there have been 1,434 layoffs at tech companies with 221,151 people affected so far in 2022. The worst month of the year by far was November. , when nearly 60,000 lost their jobs. So far this month, reports TrueUp, nearly 11,000 people have been laid off. Among the recent layoffs: Playtika, a mobile games company based in Tel Aviv, Israel, laid off 500 people on December 9; Amber Group, a crypto finance company in Hong Kong, laid off 400 people on the same day.

Another tracking site, Layoffs.fyi, tracks tech layoffs reported in Bloombergthe New York Times, and other media; it reports different totals: of 964 tech companies laid off, 149,876 employees were laid off.

The bloodshed has prompted several top business schools to reach out in various ways to let laid-off workers know they have options in academia if they choose to go that route. The Northwestern Kellogg School of Management was the first to make a high-profile bid to attract tech workers. 2nd round; applications are due Jan. 4 for Kellogg’s Evening & Weekend program and Jan. 10 for its full-time programs.

Other schools have followed Kellogg’s lead, including MIT Sloan School of Management, Indiana Kelley School of Business, and the Bay Area tech MBA factory UC-Berkeley Haas School of Business. See links to stories about these schools’ openings at the bottom of the page.

LEAVEY OFFER TO TECH WORKERS: NO GMAT, MINIMUM SCHOLARSHIP OF $3,000

Santa Clara Leavey does not have a full-time MBA program, but does offer a suite of reputable graduate programs, including a part-time Evening MBA, Executive MBA, MS Business Analytics, MS Finance and Analytics, and MS in Information Systems. Its programs “harness the influence of global business models to deliver an exceptional education based on real-world applications, giving you unparalleled access to a rich network of Silicon Valley professors, peers, and professionals,” boasts school.

Its offer to those in the tech industry who have recently been made redundant and wish to apply for one of its programs:

Additionally, for anyone applying for the part-time MBA, the school will extend the application deadline until January 20, 2023.

“The Leavey School of Business is focused on providing a values-based education,” says Dean Grier in a post on the school’s website. “It is disheartening to see so many tech experts losing their jobs, so we decided to create initiatives that will help those who may decide to augment their degrees with a master’s degree.”

Learn more by calling 408-554-4539 or emailing gradbusiness@scu.edu.

DON’T MISS SANTA CLARA LEAVEY — THE OTHER B-SCHOOL IN THE HEART OF SILICON VALLEY

AND SEE MORE OF OUR COVERAGE OF B-SCHOOL OFFERS TO TECH LAYOFFS:

ATTENTION LICENSED TECHNICIANS: A TOP-5 B-SCHOOL WANTS YOU TO CONSIDER AN MBA

MORE B-SCHOOLS MAKE OPENINGS TO REDEMPTION TECHNOLOGY WORKERS

2 B TECH-HEAVY SCHOOLS JOIN THESE REDEMPTION WORKERS

INSIDE NYU STERN’S UNIQUE OFFER TO LAYED TECHNOLOGY WORKERS

UCLA & CORNELL ARE THE LATEST B SCHOOLS TO MAKE A GAME FOR TECHNICAL WORKERS WHO HAVE LOST THEIR JOB

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