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Gotten Arrested? Put It on Your B-School Application

Gotten Arrested? Put It on Your B-School Application
Photograph by Wayne Howard

Stanford Graduate School of Business no longer counts Mathew Martoma, the former SAC Capital Advisors employee convicted of insider trading, among its alums. Although the university is prohibited from discussing the academic status of a former student, it did confirm that Martoma, a 2003 graduate, currently does not have a Stanford MBA.

According to a statement, Stanford’s policy “can revoke an offer of acceptance and a degree, if it was found that an individual gained admission through false pretenses.” It is the first time in recent memory the school has revoked a degree, says Barbara Buell, director of communications at the business school.