General
News items that we think are relevant and potentially of interest to MBA applicants and anyone interested in business school.
Published: December 19, 2017
Inside Dean Matthew Myers’ Plans for the SMU Cox School of Business
On August 1, 2017, Matthew Myers became the ninth dean of the Southern Methodist University Cox School of Business. As the former dean of Miami University’s Farmer School of Business in Oxford, Ohio, Dean Myers comes to Cox with plans to build on the school’s current strengths and enhancing its offerings. In a Cox Today article titled “The Dawn of a New Dean,” SMU Cox dives into Myers’ plans in a detailed interview. Here’s what he had to say. Joining Cox According to Myers, the most frequent question that he’s asked is, “Why
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Published: December 17, 2017
Published: December 14, 2017
Should You Invest in Bitcoin? A Michigan Ross Professor Weighs In
Earlier this month, Bitcoin prices topped $10,000. For many, it was a huge shock and sparked feelings of remorse for not having jumped on the Bitcoin train sooner. In fact, Google searches for Bitcoin, and Bitcoin-related topics, went up 1,000 percent over six months. Suddenly many previously dismissing the cryptocurrency as nothing more than a bubble about to burst were having second thoughts and doing the math on how much they would have made if only they’d gotten in sooner… But should you be disappointed that you didn’t purchase any Bitcoin yet? That all depends on how well you understand
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Published: December 13, 2017
This Oxford Saïd 1+1 MBA Student Just Won a $156K Pershing Square Scholarship
Worth more than $156,000 USD, the Pershing Square Scholarship at the University of Oxford Saïd Business School is one of the most prestigious and largest awards available at the university. This year, it went to Tim Krupa, a 1+1 MBA student who is combining his MBA with a master's degree in public policy (MPP). Krupa is the first Canadian to receive the award.
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Published: December 12, 2017
Georgetown McDonough Offers New FinTech Elective
Starting in spring 2018, Georgetown University’s McDonough School of Business will offer a new elective course focused on fintech and blockchain. Specifically, FINC 258 will go into depth about how these technologies are disrupting financial systems and impacting business. The course has been designed to help students develop an understanding of the evolution and history of fintech and blockchain technology while also introducing other elements of financial technology. John Jacobs, executive director of the Center for Financial Markets and Policy, will teach the course alongside Perianne Boring, founder and president of the Chamber of Digital Commerce. The
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Published: December 12, 2017
Inside the First MBA/MSDS Cohort at UVA Darden
This summer, the UVA Darden School of Business welcomed the inaugural cohort of its MBA/Master of Data Science (MSDS) dual-degree program. The cohort, consisting of seven students, assembled before most other cohorts to begin taking courses in programming, systems, and statistical computing over the summer session. The courses were offered at the UVA Data Science Institute and considered part of the first term of the MSDS degree. In total, the MBA/MSDS degree is two years in length and will prepare students for a future career in business and cutting-edge technology.
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Published: December 10, 2017
MIT Sloan Launches New Business Analytics Certificate
To better prepare students for careers in data science and business analytics, the MIT Sloan School of Management last month announced the launch of its new Business Analytics Certificate. The certificate program comes in response to growing demand from employers and students for more rigorous academic content focused on data science. It will be offered to MIT Sloan students as a complement to a wide range of data-focused programs, including the Master of Business Analytics (MBAn) degree.
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Published: December 7, 2017
€24 Million Investment Will Expand IESE Madrid Campus
Barcelona-based IESE Business School will invest €24 million in a new campus building in Madrid as part of an overall expansion, its dean announced recently. The new building, which will be focused on entrepreneurship, research, and international programs, will expand research and teaching opportunities in Madrid by 50 percent. Construction is slated to begin in 2018.
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Published: December 6, 2017
Babson College & F.W. Olin Graduate School Ranked Highly for Entrepreneurship
For the last few decades, Babson College has been considered a leader in entrepreneurial education, having ranked highly in the U.S. News & World Report for 24 years. And over the last decade, graduates have started more than 1,104 companies and raised more than $103 million in funding. This year was no different.
For the sixth year in a row, the Princeton Review and Entrepreneur Magazine ranked Babson College #1 on their list of Top 25 Best Undergrad Programs for Entrepreneurs, and the F.W. Olin Graduate School of Business wasn’t far behind. Olin secured the #4 spot nationally for its graduate programs for entrepreneurs, ranking above institutions such as Northwestern's Kellogg School of Management and UVA's Darden School of Business.
In addition, a new study published in the Journal of Small Business Management ranked Babson College entrepreneurship research #7 for its global impact. The study, "Contributing Forces in Entrepreneurship Research: A Global Citation Analysis," ranked Babson above Harvard and Stanford on this list of institutions informing entrepreneurship research worldwide.
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Published: December 5, 2017
Georgetown McDonough MBA Program Earns National Park Service Award
In recognition of having given more than 200 hours of volunteer time to the National Park Service this year, Georgetown's McDonough School of Business MBA program earned a 2017 National Park Service Award. The awards ceremony was held during a volunteer appreciation luncheon at the Women in Military Service Memorial at Arlington National Cemetery.
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Published: December 4, 2017
NYU Stern Receives $8 Million Alumni Gift to Promote Technology, Business, and Innovation
This week, NYU Stern School of Business announced the development of a new center to serve as a hub for cross-disciplinary collaboration and technology innovation. The new Fubon Center for Technology, Business, and Innovation was made possible thanks to an $8 million donation from alumnus Richard Ming-Hsing Tsai (MBA ’81). Tsai is chairman and CEO of Fubon Financial Holding Co., Ltd. and Fubon Life Insurance Co., Ltd. He is also vice chairman of Taiwan Mobile Co., Ltd.
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Published: November 15, 2017
Harvard Business School Tops Bloomberg Businessweek Ranking for Third Consecutive Year
For the third straight year, Harvard Business School reigned supreme in the annual Bloomberg Businessweek “Best Business Schools” ranking, topping the Wharton School at the University of Pennsylvania and MIT Sloan School of Management. In joining HBS on the medals podium this year, those schools both saw significant gains over last year, climbing from sixth and seventh respectively. Rounding out the top five this year is the University of Chicago Booth School of Business —holding steady year over year at fourth—and Stanford Graduate School of
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Published: November 15, 2017
The Darden Jefferson Fellowship Program
At the University of Virginia Darden School of Business, outstanding MBA applicants can be considered for the Jefferson Fellowship, one of the most prestigious and generous fellowships offered at the school. It is awarded solely based on merit and provides benefits that include a living stipend, support funds, tuition remittance, and health insurance.
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Published: November 9, 2017
How McCombs Helps MBA Student Veterans Tackle Re-Entry Into Civilian Life
Returning to civilian life can be difficult for military veterans. In fact, in some cases, a veteran may never even have applied or interviewed for a civilian job before. Then—as U.S. Veterans Magazine. recently described—there’s the difficulty of trying to transcribe military duties into practical skills that a company could understand.
Veterans may also face challenges like PTSD and service-related disabilities, as well as being older and having a different life situations than their classmates. According to a 2016 survey by Student Veterans of America, 80 percent of student veterans are over the age of 25 and 46 percent have children—this includes both undergraduate and graduate students.
That’s why many top MBA programs such as UT Austin’s McCombs School of Business offer a variety of support programs to help military veterans make the transition between active duty and school.
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Published: October 18, 2017
Oxford Saïd Dean, Together with Apple’s Tim Cook, Launches New Entrepreneurial Hub
Building on the success of Saïd Business School's Oxford Launchpad and Skoll Centre for Social Entrepreneurship, Oxford University has launched a new entrepreneurial hub: the Oxford Foundry. Saïd Dean Peter Tufano and Apple CEO Tim Cook helped kick things off at an October 11th launch event.
The new student-led and student-centric hub will be open to all 23,000 Oxford students and is part of an effort to inspire campus-wide innovation. Its focus will be to help students develop their entrepreneurial skills as well as create and scale ventures.
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Published: October 16, 2017
What Georgetown McDonough MBA Students Learn Outside the Classroom
What do Colin Powell, an Indiana dairy farm, the D.C. Department of Public Works, and a triathalon have in common? They are all part of the fabric that comprises life outside of the classroom for MBA students at Georgetown University’s McDonough School of Business. Sure, it makes sense to judge a business school on what takes place inside the classroom. But in skimming three seemingly unrelated recent news briefs from the school, we realized that taken together they help paint a picture of what life outside the classroom can look like. Former Secretary of State Colin Powell
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Published: October 9, 2017
Social Impact MBAs: Programs That Help Students Make a Difference in the World
For years, social impact has been a growing area of emphasis at business schools. Increasingly, MBA students are stating that a well-paying career isn’t enough: They also want to make a difference.
As Sherryl Kuhlman, the managing director of the Social Impact Initiative at the University of Pennsylvania's Wharton School, told U.S. News & World Report: “Our students want to make the world go round in a different way. [They are no longer willing to] take a job they don't like so they can give their money away later. They want to merge the money and the purpose."
MBA programs incorporate social impact into their programs in various ways, through global experiences, coursework, clubs, competitions, and more. MBA students may also have opportunities to team up with corporations, government agencies, and nonprofit organizations to get hands-on experience during their graduate studies.
So if you’re interested in social impact, what opportunities should you look for within an MBA program?
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Published: October 5, 2017
Free Webinar: The GRE® General Test for Business School: What You Need to Know
Stand out from the crowd with a stellar business school application. Thinking of going to business school? Join Clear Admit CEO Eliot Ingram and GRE® General Test expert Matt Bashi-Kadlubowski for a free webinar. Tuesday, October 24, 2017 10:00am Eastern Time Sign Up Today In this online information session, you will be provided with an overview of taking the GRE® General Test for business school, including tips on how to do your best on the test so you can stand out to your top schools. Attendees will receive: Overview of the GRE® General
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Published: September 27, 2017
What to Expect at the 2017 NBMBAA Conference in Philadelphia
Tuesday, September 26th, marked the first day of the annual National Black MBA Association (NBMBAA) Annual Conference & Exposition, held at the Philadelphia Convention Center. The five-day event, stretching to Saturday, September 30th, brings together entrepreneurs, business leaders, students, and other seasoned professionals into an immense, collaborative atmosphere that helps introduce next-level vision to the business world. The centerpiece of the event is the two-day Career Exposition. Touted as the “largest diversity career fair in the country” by the NBMBAA, the event brings together more than 300 companies, government entities, nonprofits, and more to take part in on-site stations and
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Published: September 26, 2017
Live Chat with Prodigy Finance: Funding Your International MBA
This chat has ended. Are you attending business school outside of your home country and looking for a way to fund it? Join Prodigy Finance’s Zack Hirschfeld for a live online chat on how you can best finance your graduate management education abroad. Wednesday, October 4, 2017 at 10:00 a.m. Eastern In the live discussion, the following questions will be covered: How can I pay for an MBA as an international student? How does the Prodigy Finance process work? How much can I borrow? What will my rate be? Do I need a co-signer or guarantor? What is
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Published: September 21, 2017
Yale Economics Professor Writes on the Bitcoin Bubble
How does one invest wisely? According to Yale School of Management Economics Professor Robert Shiller, it’s all about avoiding economic and market bubbles. Shiller received the 2013 Nobel Prize in Economics for his research into how financial markets price the things they sell, and he wrote a book on speculative manias tilted Irrational Exuberance. And recently, he sat down with Quartz to discuss the new speculative bubble market: Bitcoin.
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Published: September 10, 2017
A Vision of Leadership for a Digitally Driven World: UCI Merage’s Vijay Gurbaxani
Sponsored Content Our lives are becoming more and more digitally mediated. We see it in quotidian routines like using Lyft to commute and in technological sea changes like self-driving cars and other artificial intelligence breakthroughs. How do we adapt ourselves and the businesses we create to keep pace with such rapid change? Vijay Gurbaxani, UCI Paul Merage School of Business professor and director of its Center for Digital Transformation (CDT), is on a mission to answer these questions. He’s spearheading a number of curricular and cultural changes at the Merage School designed to shape the next generation
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Published: August 29, 2017
Rotman Launches New Healthcare & Life Sciences EMBA Program
Healthcare is one of the world’s largest and fastest growing industries. Globally, it represents more than 10 percent of the gross domestic product of most developed nations—around $6 trillion overall. And the World Health Organization estimates that there are 9.2 million physicians, 19.4 million nurses and midwives, 2.6 million pharmacists, and over 1.3 million community health workers worldwide.
In response to this trend in healthcare growth, the University of Toronto’s Rotman School of Management has launched its new Global Executive MBA in Healthcare and Life Sciences. This addition complements the major in Health Sector Management that is currently available to Rotman full-time, morning, and evening MBA students.
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Published: August 28, 2017
MBA ApplyWire Spotlight: A Future In Banking
MBA applicants are figuring out their target schools for Round 1 and sharing their plans on ApplyWire, Clear Admit’s latest tool to aid in your admissions process. This week, we take a closer look at one candidate trying to find their preferred path in the banking industry with 10 schools on their radar, including: U. Chicago Booth, Dartmouth/Tuck, IESE, Cornell/Johnson, UT Austin/McCombs, UCLA Anderson, UVA/Darden, NYU/Stern, Michigan/Ross, and the London
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Published: August 27, 2017
MBA Admissions: Tips for International Students
Sponsored Content A large number of MBA students across the globe intend to pursue their degree outside their home country. Are you thinking of studying abroad? The United States, Europe, and Canada are home to many of the world’s top-ranked business schools. Consider these tips if you’re hoping to make one of them your degree destination. Create Your Short List You’ll want to spend some time researching schools in your target country to find the ideal one for you. Some questions to address: What specific kind of program are you looking to attend? Which schools rank highest for
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