These news items are the latest happenings.
MBA: Funding brings new talent into focus | Telegraph, UK
3/3/2014 7:00:00 AM
Telegraph, UK | March 3, 2014
Business schools hope scholarships will help draw more women into MBA programs. GMAC research from 2006 is cited. Meanwhile, EDHEC professor Valérie Petit writes an FT.com column saying that business schools are partly to blame for perpetuating the stereotype that business leaders are male.
Students and teachers drawn to the bright lights of film | FT.com, metered paywall
3/3/2014 7:00:00 AM
FT.com, metered paywall | March 3, 2014
Technology is changing the film business so quickly that the industry is increasingly looking to MBAs to figure it out.
Myriad MBAs | Inside Higher Ed
2/28/2014 7:00:00 AM
Inside Higher Ed | February 28, 2014
More business schools are offering hybrid MBAs, combining online course content with some face-to-face interaction. GMAC’s Application Trends Survey is cited. Meanwhile, Michael Desiderio, executive director of the EMBA Council, discusses the trend toward hybrid programs in Poets and Quants for Execs.
Why the University Is the Ideal Startup Platform | Wired
2/25/2014 7:30:00 AM
Wired | February 25, 2014
Universities are the ideal start-up platform because they provide so many opportunities for individuals from different disciplines to interact with each other on such a regular basis, writes Cam Houser, CEO of 3 Day Startup, which runs hands-on entrepreneurship programs for students at MIT, Harvard, and 50 other schools on five continents.
Testing time for CAT as students, B-schools line up for GMAT | Hindustan Times
2/23/2014 7:30:00 AM
Hindustan Times | February 23, 2014
GMAC's Ashish Bhardwaj and Lawrence Rudner are interviewed about the growth of the GMAT exam in India. And in the Malaysia Star, Bhardwaj offers an overview of the value of the GMAT exam globally.
Virtual world of avatars replaced by a fresh reality on campus | FT.com. meteered paywall
2/23/2014 6:30:00 AM
FT.com. meteered paywall | February 24, 2014
Second Life has lost steam as a business education campus, but successors with potential include VirBELA, managed by the University of California San Diego Rady School (and funded by the GMAC MET Fund through the Ideas to Innovation Challenge).
I Took the GMAT With No Preparation. Here's What Happened | Bloomberg Businessweek.com
2/19/2014 4:00:00 AM
Bloomberg Businessweek.com | February 19, 2014
Businessweek reporter Amy Choi writes a first-person account of taking the GMAT exam cold. There’s a video and more discussion of her guessing strategy in the Official GMAT Blog on mba.com.
The Alsop Perspective: Marketing to LGBT Candidates | Graduate Management News
2/17/2014 6:30:00 AM
Graduate Management News, gmac.com | February 18, 2014
Not many business schools reach out to LGBT students, but the number is growing, writes Ron Alsop, who also has a sidebar on whether schools should give students the option of disclosing their sexual orientation on their application. Also in the February issue: a Q&A with GMAC’s Kendra Johnson and a look at strategic shifts in management education by GMAC’s Amy Orlov.
Skipping College Is Getting More Expensive | Wall Street Journal At Work blog
2/12/2014 7:00:00 AM
Wall Street Journal At Work blog | February 12, 2014
College is costly. But not going is even more costly, according to a new report from Pew Research Center.
Following the money | Which MBA, economist.com
2/11/2014 5:00:00 AM
Which MBA, economist.com | February 11, 2014
As more business schools offer MBA specializations in luxury goods and other industries, the schools could take a lesson from the luxury goods market itself. GMAC’s mba.com Prospective Students Survey, showing fewer students considering both MBA and non-MBA master’s programs, is cited.
Time to rejuvenate the tarnished reputation of research | FT.com, metered paywall
2/9/2014 7:00:00 AM
FT.com, metered paywall | February 10, 2014
To make their research more relevant, business schools should encourage professors to become visiting professors within companies, writes Loïck Roche, dean of Grenoble Ecole de Management.
Tested by Changing Times: The GMAT Turns 60 | Bloomberg Businessweek.com
2/7/2014 7:00:00 AM
Bloomberg Businessweek.com | February 7, 2014
In the 60 years since the first paper-and-pencil sitting on February 6, 1954, the GMAT exam has been taken more than 9 million times and undergone substantial changes, but today’s computer adaptive exam still tests the reasoning skills business students need. GMAC’s Lawrence Rudner is quoted. There is more 60th anniversary coverage in US News and Top MBA.
GMAT Exam Turns 60 | gmac.com Newscenter
2/3/2014 8:00:00 AM
gmac.com/newscenter | February 3, 2014
Thursday marks the 60th anniversary of the first administration of the GMAT exam, which has been taken more than 9 million times. Also: key milestones, key facts, a history quiz and a quiz for test takers.
As Data Proliferate, So Do Data-Related Graduate Programs | Chronicle of Higher Education
2/3/2014 7:00:00 AM
Chronicle of Higher Education | February 3, 2014
Big Data degree and certificate programs are proving popular with students and profitable for universities. The addition of the GMAT Integrated Reasoning section is noted and GMAC’s Tracey Briggs is cited, regarding the growing number of new master’s programs accepting GMAT scores.
Business schools respond to demand in courses for Africa | FT.com, metered paywall
2/3/2014 7:00:00 AM
FT.com, metered paywall | February 3, 2014
Africa’s need for skilled managers has drawn a number of business schools, and the most sustainable efforts are ones such as IESE, which is helping African schools develop their own resources and talent. GMAT volume in Africa is cited. Also in the FT: Business schools can help business collaborations between China and Africa, writes Klaus Meyer, CEIBS professor in Shanghai and Accra.
Back to school: Schools see exec education resurgence from doldrums of downturn | Crain's Detroit Business
2/2/2014 6:00:00 AM
Crain's Detroit Business | February 2, 2014
Firms are beginning to return to pre-recession commitments to executive education, say leaders at the University of Michigan Ross School and other Michigan schools. And the Omaha World-Herald profiles the University of Nebraska-Omaha’s executive MBA program, the 13th oldest in the US.
Wall Street help wanted ads to increase, but with a catch | CNBC.com
1/29/2014 7:30:00 AM
CNBC.com | January 29, 2014
Forecasters predict more jobs opening in the financial services sector, but at hedge funds and private investment firms rather than investment banks. GMAC's Michelle Sparkman Renz is quoted, citing findings from the Year-End Poll of Employers.
Graduate management education in Disruptive Times | Global Focus magazine, EFMD
1/27/2014 7:00:00 AM
Global Focus magazine, EFMD | January 27, 2014
GMAC’s Rachel Edgington identifies the major disruptive forces pushing management education and tells how schools can respond, as explained in the recent GMAC book, Disrupt or Be Disrupted.
Is an MBA Worthwhile or Worthless for Tech Pros? | CIO.com
1/27/2014 7:00:00 AM
FT.com, metered paywall | January 26, 2014
Enthusiasm for the MBA is greater than at any time since 2008, but the two-year MBA is coming under increasing pressure as the market for business credentials fragments.
MBA market faces winds of change | FT.com, metered paywall
1/26/2014 7:00:00 AM
FT.com, metered paywall | January 26, 2014
Enthusiasm for the MBA is greater than at any time since 2008, but the two-year MBA is coming under increasing pressure as the market for business credentials fragments.
The best business schools based on GMAT scores | Quartz, QZ.com
1/23/2014 7:00:00 AM
Quartz, QZ.com | January 23, 2014
Stanford leads a business school ranking of schools by student GMAT scores by Jonathan Wai, whose previous research found that Fortune 500 CEOs who got MBAs at schools with higher student GMAT averages outearned those who went to schools where students had lower GMAT scores. GMAC looks at what this may mean for potential test takers in an Official GMAT blog post.
Aiming for the stars...then get a top MBA | Financial Times, Metered Paywall
1/19/2014 7:30:00 AM
Financial Times, metered paywall | January 20, 2014
Of the FT500 list of largest 500 companies by market capitalization, 29 percent are led by MBAs, and two-thirds of those are from top schools, as shown in an interactive graphic. GMAC’s Julia Tyler is quoted on the value of a quality program.
3 Questions to Ask About Business Analytics Programs | USNews.com
1/17/2014 7:00:00 AM
USNews.com | January 17, 2014
Ninety-eight percent of employers believe business school graduates need to know how to use data to drive decisions, according to the 2013 Year-End Poll of Employers. And the Globe and Mail reports on several Canadian schools increasing their offerings related to big data.
MBAs Use B-School To Escape Financial Crisis In Europe | BusinessBecause.com
1/16/2014 7:00:00 AM
BusinessBecause.com | January 16, 2014
Eurozone business leaders are turning to b-schools to keep their careers progressing. GMAC data is referenced.
Build it and they may come | The Economist
1/16/2014 12:00:00 AM
The Economist | January 16, 2014
Numerous business schools are investing in lavish new facilities, even though demand for MBAs may be softening, with GMAT volume cited as "the de facto business school entrance exam." In a separate story, Germany’s ESMT is first, University of Bath School of Management in the UK is second, and Dartmouth Tuck third in a ranking of student assessment of b-school facilities and services.
Business School Winter Treks: An Economic Indicator? | Bloomberg Businessweek.com
1/15/2014 7:00:00 AM
Bloomberg Businessweek.com | January 15, 2014
Winter break trips to meet potential employers in Silicon Valley, New York, London, China, India, and Washington, D.C. were popular with MBA students and indicate where today’s students think their job opportunities may lie.
MBA Sees Asia As Perfect Fit For Online Media Career | BusinessBecause.com
1/11/2014 7:30:00 AM
BusinessBecause.com | January 11, 2014
In higher numbers than ever, MBA applicants are turning to Asian business schools. Cited are European MBA median starting salary data from GMAC's Corporate Recruiters Survey.
Students increasingly opt for GMAT over CAT amid testing times; lure of full-time MBA fading fast | Economic Times, India
1/10/2014 7:00:00 AM
Economic Times, India | January 10, 2014
As the GMAT exam gains ground as the preferred exam for executive programs in India, GMAT volume among Indian test takers hit an all-time high, even as applicants for the Common Admission Test dropped to a seven-year low. A separate story reports that Indian business schools are taking steps to become more international, with SP Jain Institute of Management & Research sanctioning 36 seats for foreign students.
New Reward to Provide GMAT Test-Takers With Interest Rate Reduction for New MBA Loans | GMAC News Center
1/8/2014 7:00:00 AM
GMAC News Center, gmac.com | January 8, 2014
The Discover MBA Loans with GMAT Test Taker Reward program offers a 0.25 percent student loan rate reduction on new MBA student loans.
Suddenly less popular | Economist.com
1/8/2014 7:00:00 AM
Economist.com | January 8, 2014
GMAT volume declined in the 2013 testing year from the record high of 2012, when test takers rushed to take the exam before the addition of Integrated Reasoning. Test volumes of the LSAT, MCAT, and GRE are also cited.
Women face a testing time to secure an MBA place | ft.com, metered paywall
1/6/2014 7:30:00 AM
ft.com, metered paywall | January 6, 2014
GMAT score averages show women have closed the gap on men but still lag by about 20 points. GMAC’s Tracey Briggs is cited regarding consistency of the test and higher scores of women in China.
Who's Afraid of Integrated Reasoning? 48,000 Prospective B-School Students | Bloomberg Businessweek.com
1/3/2014 7:00:00 AM
Bloomberg Businessweek.com | January 3, 2014
GMAT volume fell in the testing year 2013, the year after the introduction of the Integrated Reasoning section. GMAC’s Tracey Briggs is quoted, and similar post-change declines in the GRE and GED exams are noted.
Business School in 2013: Revolution, Sexism, and MOOCs | Bloomberg Businessweek.com
12/31/2013 7:30:00 AM
Bloomberg Businessweek.com | December 31, 2013
A roundup of 2013 business education stories worth more reflection leads with the call for business schools to rethink every aspect of their institutions in Disrupt or Be Disrupted, a book commission by GMAC.
How to get into business school: preparation is key | Guardian, UK
12/10/2013 7:30:00 AM
Guardian, UK | December 10, 2013
The key to applying successfully to business school is to give yourself time to research schools, study for the GMAT, and craft your applications. GMAC’s Jane Delbene is quoted.
The importance of bridging the cultural divide | FT.com, metered paywall
12/9/2013 7:30:00 AM
FT.com, metered paywall | December 9, 2013
In a Q&A, Andy Molinsky, Brandeis professor and author of Global Dexterity, talks about the importance of adapting your behavior to a culture without losing yourself. In a related Soapbox column, Kendall Roth of the University of South Carolina Darla Moore School of Business argues that cultural fluency is more important than ever.
Round-the-world race for graduate jobs | BBC.co.uk
12/9/2013 7:00:00 AM
BBC.co.uk | December 9, 2013
A growing number of university and business school graduates, especially in Europe, are looking abroad for career opportunities. GMAC’s Global Management Education Graduate Survey is cited.
GMAC’s New Tool: School Finder | Kaplan GMAT blog
12/5/2013 7:30:00 AM
Kaplan GMAT blog | December 5, 2013
GMAC's new School Finder tool makes it easier to find and compare 5,674 graduate management programs, and it's free. There's more coverage of the new tool and redesigned mba.com at TopMBA.com.
GMAC® Helps Students Find the Right Business School | gmac.com
12/5/2013 6:00:00 AM
GMAC Press Release | December 5, 2013
The mba.com website has been redesigned, featuring a School Finder with updated data on nearly 6,000 busines and management programs.
Many 40-plus executives go in for MBA to fast-track their career | Economic Times, India
11/28/2013 7:00:00 AM
Economic Times, India | November 28, 2013
Although the overwhelming majority of MBA students are in their 20s, there has been a steady trickle of senior executives enrolling to fast-track their careers.
Employment Slips for MBA grads: Poll | cnbc.com
11/27/2013 11:00:00 AM
cnbc.com | November 23, 2013
CNBC's Net Net blog reports that GMAC's poll of 2013 business school grads reveals that 90 percent have jobs, down from 92 percent last year, and quotes GMAC's Gregg Schoenfeld. More coverage of the poll: Canada's Globe and Mail points out that 92 percent of full-time MBAs are employed, up from 85 percent in 1989, and quotes GMAC's Michelle Sparkman Renz; the Hindu Business Line reports that 87 percent of Indian MBAs are employed.
‘Reflect’ to assess your personal & professional ‘Soft Skills’ for success at workplace | Shiksha.com, India
11/27/2013 7:00:00 AM
Shiksha.com, India | November 27, 2013
In a Q&A, GMAC's Andrew Martelli explains why soft skills are important and how Reflect by GMAC helps business schools and students develop them
Eager managers, but reluctant students | ft.com
11/25/2013 7:00:00 AM
FT.com, metered paywal | November 25, 2013
The UK offers 10 percent of all places available globally in the top 100 business schools, but domestic students accounted for only 2 percent of those taking them. GMAC’s Jane Delbene is quoted, citing funding figures from the mba.com Prospective Students Survey.
Unicorns and MBAs | Huffington Post
11/25/2013 12:00:00 AM
Huffington Post | November 25, 2013
Following up on a recent analysis of “unicorns,” or companies under 10 years old worth more than US$1 billion, blogger Jeff Bussgang of Flybridge Capital Partners finds that 33 percent of the unicorns have at least one founding member with an MBA and 82 percent had at least one founding member or current executive team member with an MBA.
Take on the New GMAT: Integrated Reasoning section | Shiksha.com
11/21/2013 7:00:00 AM
Shiksha.com, India | November 21, 2013
In a Q&A, GMAC's Ashok Sarathy explains the importance of data skills to business and business schools and how the GMAT tests for them with the Integrated Reasoning section.
The Alsop Perspective | Graduate Management News
11/19/2013 7:00:00 AM
Graduate Management News/gmac.com | November 19, 2013
Africa is growing and needs to grow management talent to keep up, says Ronald Sibert, GMAC’s director of business development in Africa. Also in Graduate Management News: GMAC is relaunching a redesigned mba.com; Amy Orlov discusses an important new book on focus; VirBELA, the virtual education and simulation environment at UC-San Diego Rady School of Management, launched with a business simulation competition; and during Global Entrepreneurship Week, GMAC offers plenty of resources on entrepreneurship at b-school.
The long journey to reach gender equity | ft.com
11/19/2013 4:30:00 AM
ft.com | November 19, 2013
An MBA can boost earning potential and open up a broad range of opportunities for women, writes Elissa Ellis Sangster, executive director of the Forté Foundation. She cites GMAC salary data.
GMAC Brings Entrepreneurship Opportunities to Africa | gbsnonline.org
11/18/2013 7:30:00 AM
Global Business School Network blog/gbsnonline.com | November 18, 2013
A grant from GMAC’s MET Fund is supporting a large effort by Università Cattolica del Sacro Cuore's ALTIS Postgraduate School of Business and Society to bring entrepreneurship education opportunities to Kenya and Ghana. GMAC's press release has more details on this program and a virtual incubator at the University of Waterloo in Canada.
MBA Employment: A Whopping 95% | Poets and Quants
11/18/2013 6:00:00 AM
(Poets and Quants, November 18, 2013)
New GMAC data show 95 percent of US citizens in the business school class of 2013 were employed as of September, up from 87 percent five years ago. Early coverage of the Data to Go brief, released Tuesday, includes Graduate Management News; Bloomberg Businessweek.com, which features GMAC’s graphic; Sina.com.cn (Chinese language); and the Times of India, which quotes GMAC’s Gregg Schoenfeld.
Business Schools at the Forefront of LGBT Inclusion | Huffington Post
11/14/2013 7:00:00 AM
Huffington Post | November 14, 2013
The University of Michigan Ross School of Business is leading the MBA Ally Challenge, a year-long competition among the student bodies of 12 top US business schools to build an LGBT-inclusive campus culture, writes Joanne Sprague, CEO of the sponsor, FriendFactor.
GMAC 构建商科课程全方位测评 | Global Times, China
11/11/2013 7:00:00 AM
Global Times, China | November 11, 2013
In an interview with Global Times in China, GMAC CEO Dave Wilson said GMAC will continue to work with Chinese business schools to jointly promote Chinese business education and talent development. (Google Translate version.)
Master in Management's popularity rises in the east | ft.com
11/10/2013 3:30:00 AM
ft.com | November 10, 2013
Bridging the gap between an undergraduate degree and the MBA is the pre-experience masters in management degree, a qualification that is becoming increasingly popular in the east, notes Roland Siegers, executive director of CEMS – the Global Alliance in Management Education. GMAT score-sending data are cited.
Profit not the only motive among today's business school students – social concerns on their minds | Globe and Mail, Canada
11/8/2013 6:30:00 AM
Globe and Mail, Canada | November 8, 2013
Business schools are meeting student demand for an MBA education that incorporates social responsibility.
VirBELA Global Business Simulation Competition Winners Named | GMAC News Center
11/7/2013 7:00:00 AM
GMAC News Center | November 7, 2013
VirBELA, the 3D virtual world built by the University of California-San Diego Rady School of Management and funded by the GMAC MET Fund, kicked off with a competition in which a team with students from India, Singapore, Japan, and the UK won the top prize of US$28,000. Also: a video and Poets and Quants coverage of the competition.
GMAC CEO Visits CEIBS | CEIBS Bulletin
11/4/2013 7:30:00 AM
CEIBS Bulletin | China, October 25, 2013
Dave Wilson and Sangeet Chowfla led a six-member GMAC delegation on a visit to the CEIBS Shanghai campus, where they were greeted by CEIBS President Zhu Xiaoming and other top officials. (Google English translation)
Asian recruiters tie the knot with Europe’s top MBA graduates | ft.com
11/4/2013 7:00:00 AM
ft.com, metered paywall | November 4, 2013
London Business School, HEC Paris, IESE, IMD and the Rotterdam School of Management hosted a career fair for companies that want to recruit MBA and finance students to work in Asia.
Innovation Imperative: Change Everything | NYTimes.com
11/1/2013 7:30:00 AM
Education Life, NYTimes.com, metered paywalll | November 1, 2013
Online learning is disrupting traditional higher education, and those who truly innovate, rather than merely incorporate new technology, will succeed, write Harvard Business School professor Clayton Christensen and Michael Horn, executive director of the Clayton Christensen Institute for Disruptive Innovation.
Provide a Real World Education from Experts in the Field | ft.com
11/1/2013 7:00:00 AM
ft.com, metered paywall | November 3, 2013
Today’s business schools need to know when to act like corporations and when to act like schools, writes John Beck, president of North Star Leadership Group and author of Good vs. Good: Why the 8 Great Goods Are Behind Every Good (and Bad) Decision.
The Future of Business School | The Kojo Nnamdi Show, WAMU radio
10/24/2013 7:30:00 AM
The Kojo Nnamdi Show, WAMU radio | October 24, 2013
The co-editor of GMAC's recent book, Disrupt or Be Disrupted, Brooks Holtom at Georgetown McDonough School of Business, talks about growth as well as challenges facing business education globally, with Alex Triantis, dean of the University of Maryland Smith School of Business, and Melissa Korn of the Wall Street Journal. Audio is available, as is the show's transcript.
International students are using the Canadian MBA as a portal to international business | National Post, Canada
10/23/2013 8:00:00 AM
National Post, Canada | October 28, 2013
The number of international graduate students coming to Canada to study business has nearly doubled since 2000 to more than 4,000 a year. Related stories explore the pros and cons of studying abroad for Canadian MBA students, Canada's underutilized multicultural MBA talent, and the need for Canadian business students and managers to understand global markets.
Design Classes Help MBAs Think Outside the Box | usnews.com
10/23/2013 7:30:00 AM
usnews.com | October 28, 2013
Design classes help MBA candidates expand their thinking about how products are created and marketed as well as learn about team building, often while learning new skills from nonbusiness students.
Emerging markets necessitate a rethink of business education | ft.com
10/23/2013 7:00:00 AM
ft.com | October 29, 2013
How business works in emerging markets needs to be a bigger focus for business schools, writes Mike Bastin, a visiting professor at China’s University of International Business and Economics and senior lecturer at Southampton Solent’s School of Business.
Second MBA Program For African Social Entrepreneurs Launches In Ghana | ModernGhana.com
10/21/2013 7:30:00 AM
ModernGhana.com | October 17, 2013
The Università Cattolica del Sacro Cuore-ALTIS and the Catholic Institute of Business and Technology of Accra, Ghana, are launching a 15-month EMBA program for social entrepreneurs in Accra. It and a similar program in Kenya are funded by the GMAC Management Education for Tomorrow Fund through the Ideas to Innovation Challenge.
Degrees East | Discovery Magazine/Cathay Pacific
10/21/2013 7:00:00 AM
Discovery Magazine/Cathay Pacific | October 1, 2013
Joint executive MBA programs with Western and Chinese schools are the most highly regarded in the world. GMAC's Dave Wilson is quoted.
The lure of London | FT.com, metered paywall
10/21/2013 6:30:00 AM
FT.com, metered paywall | October 21, 2013
London is a hot spot for EMBA programs. GMAC’s Julia Tyler as well as London Business School’s Dina Dommett, GMAC board chair, are quoted.
Social Responsibility and M.B.A.'s | International Herald Tribune/NYTimes.com, metered paywall
10/20/2013 7:00:00 AM
International Herald Tribune/NYTimes.com, metered paywall | October 20, 2013
Students and employers have started to demand that business educators pay more attention to long-term social and ethical sustainability. Oxford Said, ESADE, and Copenhagen Business School are referenced.
GMAT Takers To Get IR Scores Immediately | Poets and Quants
10/17/2013 7:00:00 AM
Poets and Quants | October 11, 2013
Unofficial GMAT score reports provided to test takers right after they take the test now include Integrated Reasoning scores, and most test takers are getting Official Score Reports in five or six days. There’s more coverage in IndiaEduNews.com.
Employers Still in Love With MBAs | Global Focus, EFMD
10/15/2013 7:00:00 AM
Global Focus, EFMD | October 15, 2013
Management education is increasingly valued by companies worldwide, according to the 2013 Corporate Recruiters Survey, report EFMD's Christophe Lejeune and GMAC's Michelle Sparkman Renz.
Schools Increase Efforts to Attract More Women to Business Programs | DiverseEducation.com
10/14/2013 7:00:00 AM
DiverseEducation.com | October 14, 2013
Business schools are focusing as never before on attracting more female students. And in US News, business school deans are pushing specific tactics to their female students to encourage engagement in all facets of the experience. In both stories, GMAC's Application Trends Survey is cited.
Change Management | The Economist
10/12/2013 7:00:00 AM
The Economist | October 12, 2013
The MBA is being transformed, for better and worse.
An MBA for everything: For a career that plays to what you hold dear | The Independent, UK
10/9/2013 7:00:00 AM
The Independent, UK | October 9, 2013
Specialist MBAs offers the opportunity to focus on diverse areas including aerospace, music, Islamic banking, real estate, and construction. GMAC's Jane Delbene is quoted.
MBA graduates face challenge of coupling entrepreneurial ambition with strategic timing | Financial Post, Canada
10/2/2013 8:00:00 AM
Financial Post, Canada | October 2, 2013
Business schools are providing more entrepreneurship offerings to meet student demand, but the question of whether to launch a start-up immediately after graduation or work for an employer first has different answers depending on the situation.
This slowdown, B-schools bet big on executive education | Business Standard, India
10/2/2013 7:30:00 AM
Business Standard, India | October 2, 2013
With interest in MBA programs down, business schools are working with companies to launch custom management development programs.
Business Majors: The Kids Are Alright | Bloomberg Businessweek.com
10/2/2013 7:00:00 AM
Bloomberg Businessweek.com | October 2, 2013
Intended business majors have low average scores on the SAT and undergraduate majors have low average scores on the GMAT exam, but Dan Black praises the quality of business majors he sees as head of campus recruiting in the Americas for Ernst & Young.
2013 Top Product Winner: Reflect by GMAC powered by Hogan | Human Resource Executive magazine
10/1/2013 7:00:00 AM
Human Resource Executive magazine | October 1, 2013
Reflect by GMAC has been named a Top HR Product of 2013 by Human Resource Executive magazine. A joint media release by GMAC and Hogan Assessments notes that the companies will be honored at the HR Technology Conference & Expo Monday in Las Vegas.
Despite a rise in demand for MBAs, not all business schools are enrolling more students | Washington Post Capital Business
9/29/2013 7:00:00 AM
Washington Post Capital Business | September 29, 2013
Although GMAC’s Applications Trends Survey finds applications to full-time MBA programs starting to rebound, it’s a mixed picture for Washington area schools. There’s more survey coverage in the International Herald-Tribune, Canada’s Globe and Mail (second brief), and Utah’s Deseret News.
UN initiative launches anti-corruption kit for schools | ft.com, metered paywall
9/26/2013 7:00:00 AM
ft.com, metered paywall | September 26, 2013
The United Nations Principles for Responsible Management Education initiative has launched an “anti-corruption tool kit” to help business schools build programs that educate students on the dangers of corruption and how to avoid it.
Executive Education Guide: Business schools in the region extend choice | MEED.com, Middle East
9/25/2013 7:00:00 AM
MEED.com, Middle East | September 25, 2013
Demand for MBA and EMBA programs in the Middle East is growing. GMAT data from GMAC’s Geographic Trend Reports are cited. Meanwhile, in Africa: PricewaterhouseCoopers plans to open a business school in Ghana.
A Back To School Special: M.B.A. Applications on the Rise | Corporate Intelligence blog, wsj.com
9/24/2013 7:00:00 AM
Corporate Intelligence blog, wsj.com | September 24, 2013
Interest in full-time MBA programs is heating up as demand for part-time MBAs is cooling off, GMAC’s 2013 Application Trends Survey finds. Michelle Sparkman Renz is quoted. The survey, released Tuesday, has received coverage around the world, including The Australian, multiple articles in the Times of India (on Indian and Chinese students, EMBA programs, and financing); Edu India News; Indian Radio; Economic Times (India); CNBC; The Chronicle of Higher Education; Inside Higher Ed; Poets and Quants; and Poets and Quants for Execs.
A Dean's Case For International Students | Poets and Quants
9/20/2013 7:00:00 AM
Poets and Quants | September 20, 2013
Robert Bruner, dean of the University of Virginia Darden School of Business, says accepting more international students is good for US business schools, US students, international students, and society.
Race for talent is on at business schools | Recruiter.co.uk
9/15/2013 7:30:00 AM
Recruiter.co.uk | September 12, 2013
Innovation can help recruiters to catch the best MBAs, writes GMAC's Julia Tyler in Recruiter.
MBAs: The Business of Business Education | St. Petersburg Times, Russia
9/15/2013 7:15:00 AM
St. Petersburg Times, Russia | September 25, 2013
Changes in technology, communications, and work patterns have made online and blended MBA programs a much stronger option for many students.
As demand for big data analysts grows, schools rush to graduate students with necessary skills | Washington Post Capital Business
9/15/2013 7:00:00 AM
Washington Post Capital Business | September 15, 2013
Business schools in the Washington region and beyond are responding to employer needs for those with Big Data skills. The addition of the GMAT Integrated Reasoning section is cited, and GMAC’s Larry Rudner is quoted: “The math department, they’ll probably produce better data analysts, but the business school is going to produce someone who can see the forest for the trees.”
Graduate Management Admission Test Creator Releases New Practice Exams | GMAC News Center
9/14/2013 7:00:00 AM
GMAC News Center | September 18, 2013
GMAC has released GMATPrep Exam Pack 1, two more full-length practice GMAT exams that are used in the free GMATPrep software. Exam Pack 1 can be purchased in the mba.com/store.
Back to school | World Finance, UK
9/13/2013 7:00:00 AM
World Finance, UK | September 13, 2013
Industry-specific MBAs have completely transformed many business schools. GMAC's Jane Delbene is quoted: “Specialist MBAs can provide students with the relevant management skills to deal with issues at a deeper level.”
How McKinsey Turned The MBA Into An Elite Degree | Business Insider
9/11/2013 7:00:00 AM
Business Insider | September 11, 2013
An article on McKinsey's strategy of hiring young, ambitious students from elite schools notes that by hiring so many MBAs who went on to prominent jobs elsewhere, the company did a lot to legitimize the degree.
MBA Students Invited to Compete for $50,000 to Launch Virtual World | Global Business School Network blog
9/6/2013 7:00:00 AM
Global Business School Network blog | September 6, 2013
MBA students around the world can apply to compete for US$50,000 in prizes in a Global Business Simulation to launch VirBELA, a Second Life-like 3D environment for business education that is funded through the GMAC Management Education for Tomorrow Fund.
Strategic Choices for B-Schools: GMAC Book on Change in Management Education | Dr. Education blog
9/5/2013 8:00:00 AM
Dr. Education blog | September 5, 2013
Dr. Education, Rahul Choudaha, calls the new GMAC book Disrupt or Be Disrupted "very timely," and interviews authors Erich Dierdorff, Jikyeong Kang, and Andrew Stark. And MBA Channel calls the book “a good read for anyone who is interested in the future of business schools.”
Test your Critical Reasoning Skills: Are Top GMAT Scorers Less Ethical? | Manhattan GMAT Blog
9/5/2013 7:30:00 AM
Manhattan GMAT Blog | September 5, 2013
Stacey Koprince of Manhattan GMAT frames a piece skeptical of the recent study claiming to tie high GMAT scores to unethical behavior as a lesson in Integrated Reasoning skills. She points to the study's confusing claims of correlation and its lack of established causation. And MBA admissions expert and Wharton MBA Graham Richmond calls the study "seriously flawed and even somewhat offensive."
Management lessons are just what the doctor ordered | FT.com, metered paywall
9/5/2013 7:00:00 AM
FT.com, metered paywall | September 8, 2013
With its MBA Health Sector Management program, the Fuqua School of Business at Duke University is among a number of schools offering MBAs – some run jointly with medical schools – designed for healthcare professionals. And in a related Soapbox column, an Italian physician says doctors need the kind of business skills taught in MBA programs.
UC San Diego Rady School Launches VirBELA, a Virtual World for Business Education | GMAC News Center/gmac.com
9/4/2013 7:00:00 AM
GMAC News Center/gmac.com | September 4, 2013
VirBELA, a Second Life-like virtual environment for management education collaboration, will launch with a Business Simulation Competition in which global teams of MBA students compete for a US$50,000 purse. VirBELA, announced by the UC San Diego Rady School of Management in collaboration with Rembisz & Associates, is funded by the GMAC Management Education for Tomorrow Fund; founders Alex Howland and Ronald S. Rembisz are the only double winners of the MET Fund Ideas to Innovation (i2i) Challenge, for both the idea and its implementation. The GMAC News Center includes MET Fund resources for media, including a VirBELA video update.
Online recruitment fair Sept. 10-11 | Globe and Mail, Canada, metered paywall
8/30/2013 8:00:00 AM
Globe and Mail, Canada, metered paywall | August 30, 2013
The second item in the business education column notes that Canadian business schools will have a signficant presence at GMAC's Official GMATCH global online fair September 10 and 11. The lead item: Steven Murphy, the new dean of the Ted Rogers School of Management at Ryerson University, plans to enhance the school's research profile.
Book Review: Disrupt or Be Disrupted | The Economic Times, India
8/30/2013 7:30:00 AM
The Economic Times, India | August 30, 2013
A reviewer of GMAC’s new book points out: “While this would be most relevant for anyone involved on the administrative side of a b-school, it could be equally relevant to students as they try and pick a school that could shape their future.”
MBAs in Europe Come to U.S. in Search of Jobs | Bloomberg Businessweek.com
8/30/2013 7:00:00 AM
Bloomberg Businessweek.com | August 30, 2013
IESE Business School in Barcelona, Spain, has partnered with London Business School, HEC Paris, and Rotterdam School of Management to bring more than 100 of their recent MBA graduates to IESE’s New York center today to take part in a career event with seven top employers, including General Electric (GE), PricewaterhouseCoopers, and Deloitte.
Go online to pick your dream MBA institute | Hindustan Times
8/28/2013 7:30:00 AM
Hindustan Times | August 28, 2013
In a front page piece, The Hindustan Times quotes GMAC's Pepe Carreras on the GMATCH online fair, set for Sept. 10 and 11.
How MBA teaching must change | MBA News Australia
8/26/2013 7:30:00 AM
MBA News Australia | August 26, 2013
Amy Kenworthy and George Hrivnak, Faculty members from Bond University in Australia and contributors to GMAC's new book Disrupt or Be Disrupted: A Blueprint for Change in Management Education, point out that b-schools should "look outside of our traditional domains" to improve teaching and learning. GMAC's video featuring the book is included as well.
Passport to an MBA: A Rugby Player Tackles HEC Paris | Bloomberg Businessweek.com
8/26/2013 7:00:00 AM
Bloomberg Businessweek.com | August 26, 2013
Matt Symonds interviews a rugby-playing female student at HEC Paris and points to a chapter on student engagement written by Daniel Feldman from the University of Georgia's Terry College of Business in the GMAC book Disrupt or Be Disrupted: A Blueprint for Change in Management Education.
Why Is The GMAT So Important? | MBA Admissions Coach blog
8/22/2013 7:00:00 AM
MBA Admissions Coach blog | August 19
MBA Admissions Coach Wendy Flynn explains how schools use the GMAT exam and says applicants should consider it essential to demonstrating that they can be academically successful in an MBA program.
B-schools must disrupt to stay relevant, says new book by GMAC | MBAUniverse.com, India
8/21/2013 7:00:00 AM
MBAUniverse.com, India | August 21, 2013
In a thorough review, GMAC’s Disrupt or Be Disrupt is called engaging and insightful. GMAC CEO David Wilson is quoted.
The Alsop Perspective: A Business School's Experience with MOOCs | Graduate Management News
8/20/2013 7:30:00 AM
Graduate Management News | August 20, 2013
In the August edition of Graduate Management News, Ron Alsop talks with faculty at University of Virginia’s Darden School about their enthusiasm for exploring the new world of MOOCs through their partnership with Coursera; GMAC’s new book is out; GMAC researchers invite schools to participate in the redesigned Alumni Perspectives Survey; and as always across the world of graduate management education there are People On the Move.
Why M.B.A. Isn't Good Enough Anymore | wsj.com Speakeasy blog
8/20/2013 7:00:00 AM
wsj.com Speakeasy blog | August 20, 2013
Brooks Holtom at McDonough Georgetown and Erich Dierdorff at Depaul Kellstadt write that business schools must find the courage to embrace serious change. Holtom and Dierdorff are co-editors of Disrupt or Be Disrupted: A Blueprint for Change in Management Education, the new book commissioned by GMAC.