Stanford Ignite Set to Light up London’s Innovators: MBA News

By Tim Dhoul Updated Aug 05, 2019

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Introduction
“Creating impactful ventures” at center of innovation program, says Stanford GSB

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The growth of Stanford Ignite – Stanford GSB’s innovation program - continues with the announcement that it will be venturing into London’s Canary Wharf district next fall.

Stanford Ignite is not a degree program, but rather a part-time certificate program aimed at STEM graduates and technical professionals.

News of the program’s expansion into New York City came as recently as October and, with the addition of London, the number of locations now offering Stanford Ignite has risen to seven, including the Stanford GSB campus itself.

For those signing up to one of the school’s six off-campus offerings, teaching stems from a combination of in-person instruction and sessions served via video live from Stanford GSB.

“Creating impactful ventures” at center of innovation program, says Stanford GSB

The idea behind the innovation program is to provide technical professionals with a Stanford-style grounding in management fundamentals from its MBA faculty at the same time as helping innovators to advance their business ideas. For that reason, approximately half the program’s 200-hour training time is given over for work on a participant’s own project, with feedback from industry experts also on offer.

“It provides graduate students, innovators, scientists, and engineers from leading companies the essential toolset for creating impactful ventures,” said Stanford GSB economics professor and faculty director for the innovation program, Yossi Feinberg.

The school says that the number of companies founded by Stanford Ignite participants, since the program's launch in 2006, has now surpassed 100.

In London’s financial district of Canary Wharf, Infosys will provide the teleconference facilities for streaming in the program’s off-site faculty, as it did for Stanford Ignite-Bangalore. The costs of the London program which will be run over the course of 10 weeks from September to December 2015, meanwhile, will stretch to US$10,000 – a level akin to all Stanford Ignite offerings outside of the US.

Within the US, at Stanford GSB or New York, the innovation program actually costs more (US$14,500) – unless you are an existing Stanford graduate student, in which case it will only set you back US$1.5k.

Written by

Tim Dhoul

Tim is a writer with a background in consumer journalism and charity communications. He trained as a journalist in the UK and holds degrees in history (BA) and Latin American studies (MA).