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Survey Shows Steady but Slowing Influx of International Students
A 2009 survey of international graduate admissions conducted by the Council of Graduate Schools shows that US graduate schools received an increasing number of applications from prospective international students, but that the rate of increase continued to slow. In business, international applications increased 7 percent in 2009, after a 10 percent gain in 2008.
Business School Offers Free Courses for Alumni and “Pocket MBAs”
Hult International Business School is offering its MBA program alumni the opportunity for complimentary ongoing education. The school will give all of its 4,500 MBA degree holders the option of returning regularly to join elective classes for free. Hult graduates can take one MBA elective course per year for the rest of their career.
The school has also introduced a series of “Pocket MBAs”—short, intensive business seminars on current business challenges designed for professionals, executives, and companies. The first Pocket MBA, “Managing During the Global Downturn,” was offered in late April on the school’s Dubai campus. In a statement, Hult President Stephen Hodges said, “We want to give professionals and companies a taste of our top-ranked one-year MBA program in an abbreviated format, while offering them a chance to gain valuable insights they can apply immediately to their own companies.”
Quotable Quotes
“Is it the responsibility of schools to teach ethics? I think it is—but only if it’s done the right way. MBA students don't necessarily care about Kant’s third formulation of the categorical imperative—they need a simple values toolkit that they can understand and have at the ready, not an impression that all ethics are relative, or just intellectual chewing-gum.”
From “Can Ethics Classes Cure Cheating?” by Aine Donovan, executive director of the ethics institute at Dartmouth College and professor of business ethics at the Tuck School of Business. Published April 14, 2009, in HBR Debate: How To Fix Business Schools, an online symposium sponsored by Harvard Business Publishing.
FROM THE FUNDRAISING DESK
With US$2 million from Prudential Financial, Inc. and The Prudential Foundation and other funding, the Rutgers Business School has started an Institute for Ethical Leadership.
The National University of Singapore Business School has received a pledge of US$1.77 million from the estate of Foo Hee Lim. The funds will provide financial assistance for students of accountancy.
Mark A. Zupan, dean of the Simon Graduate School of Business at the University of Rochester and a member of the GMAC board of directors, has pledged US$1 million to the school’s endowment. A statement from the school said it is believed that Zupan’s gift is unmatched by any current or previous business school dean.
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