20 25 President’s Report
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Bentley
by
the Numbers
When it comes to impact, outcomes and success, we mean business.
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Defining the Future of Technology, Innovation and Entrepreneurship
On campus and off, our highly innovative, technology-infused education integrates the best of business and the arts and sciences.
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Making an Impact in the Classroom and Beyond
Our students are highly sought after and our faculty are applying innovative research to real-world problems.
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Bringing Business Education to New Audiences
We prepare the leaders of today and tomorrow to meet any challenge the global economy may bring.
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Partnering with the Marketplace
Good business can impact more than just the bottom line – it can change the world. Good partnerships are key to driving that change.
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Investing in Tomorrow’s Opportunities
A look at the numbers with our chief financial officer.
#11
BEST COLLEGE IN U.S. WALL STREET JOURNAL
#8 IN U.S. FOR ROI U.S. NEWS & WORLD REPORT
#2
GRADUATION RATE IN U.S. FOR STUDENT-ATHLETES NCAA DIVISION II
$72K
MEDIAN STARTING SALARY — UNDERGRADUATES
AT BENTLEY WE ARE
Defining the Future
of Technology, Innovation and Entrepreneurship
An Academic Center for the Innovation Age
At Bentley, the business theory and principles learned in the classroom hold great value — they’re the foundation upon which careers are built. But to excel in this new Innovation Age, students will need to master durable skills like critical thinking, resilience, effective communication and solutions-based problem solving. Bentley faculty help hone and develop these skills by empowering students, equipping them with the knowledge, skills and hands-on training to ignite positive, lasting change at the intersection of business and technology. This demands that Bentley’s education continually evolves, and so too must our learning spaces. Plans are underway to completely reimagine Bentley’s Adamian Academic Center as a hub of technology, innovation and entrepreneurship. In addition to enhanced work areas designed to help faculty collaborate easily with colleagues in other disciplines, the new center will feature immersive virtual reality (VR) technology, a Futures Lab for artificial intelligence (AI), data analytics and visualization, and other innovative spaces that prepare students to lead and thrive in the 21st-century marketplace.
Bentley Partners with City of Waltham to Establish Social Innovation Incubator
A first-of-its-kind partnership between Bentley and its home city, Waltham, launched this winter: The Bentley Social Innovation Incubator, an accelerator program, is designed to support social entrepreneurs in the city who aim to use the power of business to benefit society. The incubator was established with the support of a $625,000 grant from the U.S. Small Business Administration championed by Massachusetts senators Edward Markey and Elizabeth Warren. In its first year, the program will provide hands-on guidance and support to five aspiring social entrepreneurs, helping them develop, pitch and raise funds for their ventures. Bentley faculty, staff, alumni and students along with local and national experts will help the entrepreneurs to create business plans and implement branding and marketing strategies.
New STEM MBA Prepares the Next Generation of Business Leaders
Bentley’s new STEM MBA program equips future business leaders with the skills to excel in today’s data- and technology-driven environment. Through a blend of theoretical foundations and hands-on experiences, students learn to harness the power of technology, leverage data analytics and make informed decisions that help organizations succeed. Tracks include Accounting Analytics, Business Analytics, Financial Analytics and Information Systems and Technology.
AI and Ethics
Marco Marabelli, PhD, professor of Computer Information Systems and associate director of Bentley’s Hoffman Center for Business Ethics, has published a new book that looks at the use of data and AI and the resulting ethical implications. AI, Ethics, and Discrimination in Business advocates for the ethical design and responsible implementation and deployment of technology in organizations and society.
On Track to Be First Fair Trade-Certified U.S. Business University
Bentley is on track to be the first business university in the country to become a certified Fair Trade University. Students from the Bentley Service-Learning and Civic Engagement Center made a pitch for the university to pursue the certification by including the necessary ethical and sustainable practices in the curriculum and in procurement and research efforts. “The prospect of studying at a business school that helps us develop into leaders of ethical businesses, while instilling in us the knowledge and skills to do so, is what makes Bentley special,” Luke Andris ’25, Caroline Bushnell ’25, Cassie Dubitsky ’24 and Trevor Hodgson ’25 said in their proposal. The designation is the result of years of behind-the-scenes work by students, alumni, faculty and staff, including on-campus initiatives such as the Fair Trade Fair (pictured here), now in its 10th year and the second largest in the country, according to Fair Trade Certified. “In the U.S., Bentley stands to become the very first business school to earn this designation and become a Fair Trade University — and that’s particularly exciting for us as the fair trade model is one focused on demonstrating that business can and must be a force for good,” Billy Linstead Goldsmith, senior director of Fair Trade Campaigns, says.
AT BENTLEY WE ARE
Making an Impact in the Classroom and Beyond
Maya Bidanda, PhD
An assistant professor of Finance, Bidanda focuses her research on entrepreneurship, labor and finance. A PhD graduate of MIT’s Sloan School of Management, she worked at the Federal Reserve Bank of New York and JPMorganChase.
Jackson Lautier, PhD
Lautier, an assistant professor of Mathematical Sciences, conducts research focused on applying the methods of statistics to economics, finance, pharmacology, risk management, sports and actuarial science. He holds a PhD from the University of Connecticut and is a fellow of the Society of Actuaries.
Cabrera, an assistant professor of Economics, focuses her research on development economics, migration and education. She is currently studying the factors driving school sorting and its effects on schooling outcomes. A PhD graduate of The University of Chicago Harris School of Public Policy, she worked at the Inter-American Development Bank.
Maria Adelaida Martinez Cabrera, PhD
Professor Pushes for Price Transparency in Health Care
Through his research and teaching, Assistant Professor of Economics Benjamin Chartock, PhD, is working to ensure that U.S. health care consumers enjoy the benefits of a highly innovative health system while minimizing the obstacles related to paying for care. The work has earned him $250,000 from Patient Rights Advocate to support his research. “In nearly every other sector of our economy, consumers can compare the price and quality of goods and services prior to making a purchase,” Chartock says. “But health care costs are both high and highly variable, and there is not enough competition dampening these prices.”
In addition to teaching undergraduate courses in Intermediate Microeconomics and Health Economics, Chartock designed a graduate course in Microeconomic Foundations of Health Care that he teaches as part of a customized MBA program that Bentley developed for Beth Israel Lahey Health. And last fall, Chartock — an affiliate of Bentley’s Center for Health and Business, which brings together students, faculty, alumni, and corporate and community partners to develop solutions for health industry challenges — led 250 first-year students in a discussion about health care price transparency.
Benjamin Chartock, PhD Assistant Professor, Economics
Preparing Students for Careers of Impact
Bentley’s award-winning, nationally recognized Pulsifer Career Development Center supports students, faculty, staff and alumni in blazing rewarding career paths. Ninety-nine percent of graduates of the Class of 2024 are employed, or attending or planning to attend graduate school within six months of graduation. And graduates report an impressive $72,000 median starting salary. More than 95% of students connect with the center during their first year on campus when they take a career design seminar in which they identify personal strengths and talents, explore how those can impact career paths, and create career tools such as a resume, cover letter, LinkedIn profile and elevator pitch. Bentley also offers career design seminars for sophomores, juniors and seniors.
Unparalleled Outcomes
BEST CAREER SERVICES IN U.S. 2017, 2019, 2021, 2024, 2025 ( PRINCETON REVIEW )
AVERAGE STARTING SALARY GROWTH INCREASED BY 42% SINCE 2014
285
DIFFERENT EMPLOYERS HIRED BENTLEY GRADUATES IN 2024 #1
AT BENTLEY WE ARE
Bringing Business Education to New Audiences
Yaro Fong-Olivares, PsyD Executive Director, Center for Women and Business
Advancing Leadership
As executive director of Bentley’s Gloria Cordes Larson Center for Women and Business (CWB), Yaro Fong-Olivares, PsyD, leads the center’s work to drive innovation in the business world and leverage industry expertise alongside academia to meet the needs of early career professionals, front-line managers, and senior executives including the C-suite and boardroom. The CWB provides thought leadership and offers tools and trainings to foster inclusive organizations through data-backed research and professional development. Through programs and strategic partnerships, the center cultivates and creates thriving communities and empowers students, alumni and business leaders to drive meaningful and transformative change. “Bentley is committed to amplifying the power of women and their allies to drive equity and innovation in the business world,” Fong-Olivares says.
Celebrating 20 Years of Signature Conference
This year, the CWB hosts the 20th Gearing Up conference, which offers panels, workshops and keynote speeches and provides opportunities for networking, mentorship and skills enhancement. This year’s conference, Pathways to Power: Reimagining Gender and Leadership, is focused on empowering attendees to navigate barriers in career advancement.
This course encouraged and empowered me to advocate for myself professionally, and it definitely paid off.
Dayna, director at a Boston biotech firm and participant in the CWB’s Strategies for Emerging Leaders program
Mareike Möhlmann, PhD
Associate Professor, Computer Information Systems
New Partnerships Extend Bentley’s Reach
Provided internships in user experience and the medical device industry to South Korea’s Gangnam Severance Hospital and Yonsei University
Offered graduate and executive education programs to CPA and business advisory firm LGA to build employees’ professional skills and advance their careers
Partnered with Kuwait’s Zain Telecom to strengthen employees’ leadership skills
New Part-Time Professional MBA Program Provides Full-Time Benefits
Bentley’s new Professional MBA is a two-year, cohort-based program uniquely designed for motivated professionals looking to accelerate their careers and excel as innovative business leaders. Areas of focus include financial analytics, global management, innovation design, sustainable organizations, data analytics and strategic leadership. The hybrid program includes on-campus immersion weekends, asynchronous online classes to accommodate busy schedules, and synchronous online classes that provide connection with professors and other students.
Iris Berdrow, PhD Professor, Management MBA Director
Faculty Spotlight: Marcus Stewart, PhD
Do consumers attribute racial stereotypes to chatbots when they shop online? If so, how does that affect their satisfaction with that shopping experience? This was the topic of a recent paper co-authored in the Journal of the Association for Consumer Research by Marcus Stewart, PhD, professor and chair of Management. His courses at the university and as part of the teaching team in Bentley’s new Professional MBA program focus on leadership, organizational behavior, human resource management, organizational change, diversity and teams.
This new MBA program equips leaders to navigate an increasingly complex and uncertain world by integrating economic, social, environmental and technological perspectives. By redesigning what, how, where and from whom students learn, it prepares them to lead effectively and sustainably in a rapidly evolving global landscape.
Iris Berdrow, PhD
AT BENTLEY WE ARE
Partnering with the Marketplace
Brad Stevens, president of basketball operations at the Boston Celtics, shares his experience and insights about the business of sports during a talk in Bentley’s Koumantzelis Auditorium.
Growth mindset is more than just about growing your technical capabilities. It’s growing your digital capabilities, your interpersonal capabilities, your relationships, your knowledge about a diverse world that still is highly reliant upon connections between economies.
When you look at economic diversification, historically the Saudi economy relied heavily on one source. Now we have put a lot of emphasis to diversify the economy toward non-oil activities.
We need technologies that show value for human life, dignity and rights. We need to build systems that are more transparent. We need to address harmful bias and commit these ethical practices into business.
Paul Knopp, U.S. chair and CEO at KPMG, as part of the President’s Speaker Series
Ryadh bin Mohammed Alkhareif, deputy chair of the International Monetary and Financial Committee at the International Monetary Fund, as part of the President’s Speaker Series
Award-winning filmmaker Shalini Kantayya (TikTok, Boom and Coded Bias) speaking to the Bentley community at the 39th annual Martin Luther King Jr. breakfast celebration
Partnership with Celtics Highlights College and Career Paths for Local Teens
As part of the second annual Celtics Career Day presented by Bentley University, 35 Boston-area high school students visited Celtics headquarters to learn about off-the-court career opportunities in professional sports from front-office staff and hear about the college admission process from Bentley representatives. The program, which involved collaboration with Boston Public Schools and the 7uice Foundation, reflects a central goal of a multiyear Bentley-Celtics partnership: offering educational and growth opportunities to students from underrepresented communities. Later in the day, the group headed to TD Garden for a tour before watching a game.
Bentley’s partnership with the Celtics makes me feel proud and gives us a chance to learn about the business side of sports. Through this partnership, students get access to experiences that help them grow and explore different career paths. Visiting the Celtics headquarters and seeing how things operate in real life made the learning experience even more valuable.
Suvasha Shrestha ’25, one of six Bentley students serving as Career Day mentors to the high school students
Opposite page: Autumn Ceppi, MBA ’23, Remy Cofield, MBA ’14 and Sara Eldemery ’14 were among the speakers discussing professional sports careers with students. This page: Celtics all-star and 7uice Foundation founder Jaylen Brown with Career Day participants.
63%
PERCENTAGE OF AMERICANS WHO BELIEVE BUSINESS HAS A POSITIVE IMPACT ON PEOPLE’S LIVES
Bentley-Gallup 2024 Business in Society Report
Assets and Liabilities
Revenues and Expenses
University Leadership
Board of Trustees
J. Paul Condrin III ’83, P ’19 ’22, Chair
David L. Giunta ’87, Vice Chair
E. LaBrent Chrite, PhD, President
Robert E. Alan ’91
Thomas P. Alber ’82, P ’12
Stephen L. DelVecchio ’81, P ’07 ’11
Vaneesha Dutra, PhD
Joyce J. Elam, PhD
Dan Farley, MBA ’96
Melanie Foley, MBA ’02
Steven C. Millner ’83
Lebone C. Moses ’02
Susan G. O’Connell ’90
Melanie Otero ’91, MBA ’92
Bill Pappas ’94, MBA ’95
Gordon E. Pulsifer ’80, P ’08 ’19
Melinda Williams Reno ’92
Tiffany R. Warren ’97
Brian T. Zino ’74
President’s Cabinet
Guilherme Costa, JD, Vice President, General Counsel and Secretary of the Corporation
Sean O. Ferguson, EdD, Vice President for Strategy and Innovation
Carolina Figueroa, MS, Vice President for Enrollment Management
Maureen Forrester, Vice President for Administration and Finance and Chief Financial Officer / Treasurer
Chris Grugan, Vice President for University Advancement
Elizabeth Hess, MEd, Vice President and Chief Information Officer
Kristen Jadul, Vice President and Chief Human Resources Officer
Christopher J. Joyce, Vice President for Marketing and Communications
Lucy Kimball, PhD, Interim Dean of Arts and Sciences
Amanda N. King, MEM, Chief of Staff
Katie Penn ’96, PhD, Vice President and Chief Diversity and Inclusion Officer
Sanjay Putrevu, PhD, Dean of Business
J. Andrew Shepardson, PhD, Vice President for Student Affairs and Dean of Students
Paul Tesluk, PhD, Provost and Vice President for Academic Affairs