Provost Marty Krauss and Provost-elect Steve A.N. Goldstein '78 announced this summer that Bruce Magid has been reappointed to serve a second 5-year term as dean of the International Business School, according to a June 29 BrandeisNOW press release.

Magid joined the Brandeis faculty as dean of IBS in August 2007, and his upcoming term will run from July 1, 2012 to June 30, 2017, according to the press release.

In an email to the Justice, Magid highlighted some of his goals for his upcoming term and indicated that the next few years will mark the beginning of a refreshing period for IBS.

"We will maintain our distinctly global focus, … we'll build on our reputation for delivering academic excellence, attract the best students from around the world and open up new job and internship possibilities—especially in emerging economies," he said.

"We will actively seek new opportunities to collaborate with departments and groups across the Brandeis campus. [And] finally, we plan to grow our visibility around the world especially in the business community."

"In addition, an important element of my role is to ensure [that] the school contributes to the wider Brandeis community," wrote Magid in his email to the Justice.

Provost-elect, Steve A.N. Goldstein, who will officially begin work as provost on Sept. 1, said in the press release that he is looking forward to working with Magid in the future.

"Bruce is a dynamic and visionary leader. His energy and commitment to excellence have helped bring well-deserved praise to [the] Brandeis International Business School," said Goldstein.

Director of IBS Curriculum and Chair of the Undergraduate Business Program Edward Bayone said in an interview with the Justice, "Bruce did a great job leading us through the difficult years and has positioned IBS for growth and recognition as a world-class, globally focused business school."

Bayone praised Magid as "a champion of the new undergraduate Business major" and wrote, "Once the financial crisis eased, Bruce was able to recruit research-active faculty in a number of key fields, including marketing, finance and organizational behavior."

Magid, who has overseen the expansion of IBS to over 500 graduate students, is "very comfortable mingling with our students who come from more than 70 different countries," wrote Bayone.

Prior to working at Brandeis, Magid served as dean of the College of Business and the founding dean of the Lucas Graduate School of Business at San Jose State University in San Jose, Calif. Before that, he was the founding executive director of MSU Global, Michigan State University's Eli Broad Graduate School of Management, according to the press release.

Prior to entering academic administration, Magid served as a managing director and senior vice president at Bank of America for 21 years.

In addition to his duties as dean of IBS, Magid serves as treasurer and board member of the Massachusetts Office of International Trade and Investment and until recently was cochair of the Association of Public and Land-Grant Universities' Sloan National Commission on Online Learning, according to the press release.

IBS, under Magid's leadership, recently received praise when it was ranked No. 1 in the United States for its Lemberg Master of Arts program in International Economics and Finance (MAief) in the Financial Times' first ranking of the Top 30 Global Masters in Finance programs that do not require students to have prior work experience.

The MAief program is designed to develop students' expertise in international finance, economics and business. It is a program particularly suited for those planning careers in finance and economic policy around the world, according to the IBS website.

"This recognition reflects the extraordinary progress the school has made in its short history. It is a tribute to our academic excellence due to the ceaseless efforts of faculty, staff, students, alumni and our friends who support the school," said Magid in an email to the Justice regarding the No. 1 ranking.