These news items are the latest happenings.
The Limits of Open
1/29/2016 12:00:00 AM
Insidehighered.com | January 29, 2016
While it expands its total course offerings, massive open online course (MOOC) provider Coursera is coming under scrutiny by critics who claim that by charging for some of its courses, Coursera is straying from its mission. Read more about the issues behind the business plan in this article from Inside Higher Ed.
Robot-Proof: How Colleges Can Keep People Relevant in the Workplace
1/27/2016 12:00:00 AM
Chronicle.com | January 27, 2916
With reports that over five million jobs will be lost due to automation in the next five years, the robo-revolution of the workplace is a common, if unsettling, narrative. What can colleges do to prepare graduates for this new paradigm? The Chronicle of Higher Education believes the dawn of the robot age is an opportunity, and not a threat, if colleges can adapt.
The Future of Indian Business Education
1/26/2016 12:00:00 AM
Economist.com | January 26, 2016
India is the second most-populous country in the world, and the largest provider of business education. However, with size come challenges for the future landscape of Indian management education. This article from The Economist delves in to some of the biggest hurdles, and examines suggestions to change the industry.
Rethinking College Admissions
1/19/2016 12:00:00 AM
NYTimes.com | January 19, 2016
In recent years, concern has escalated over the admissions processes at America's most selective colleges and universities. This op-ed from The New York Times examines a new report, primarily from Harvard Graduate School of Education, that calls for a turning of the tide to correct what's wrong with the current state of admissions and better serve future students.
Deloitte CEO Says B-Schools Must Make Tech A Focus Amid Disruptive Innovation
1/18/2016 12:00:00 AM
Businessbecause.com | January 18, 2016
In this age of digital disruption, Deloitte UK CEO David Sproul highlights the need for tech-savvy managers in business. This article from Businessbecause.com also highlights business school's responsibilities to train these future leaders to understand digital impact and its implications.
Business School Dean's Predictions For Business Education In 2016
1/13/2016 12:00:00 AM
Businessbecause.com | January 13, 2016
What trends do the leaders of business education predict for 2016? Will digital learning finally supplant in-person? How will global curricula change? Is the MBA model under threat, or can it adapt via personalization? Find out what's on the horizon in this article from Business Because.
Why Some Business Schools are Deciding to "Deglobalise"
1/11/2016 12:00:00 AM
Economist.com | January 11, 2016
According to Vincent Mangematin of the Grenoble Ecole de Management in France, "globalization" as it is advertised by business schools may not mean much anymore. This article from The Economist explores this issue of packaging versus substance, and if "deglobalization" might be the right move for some schools.
Business Schools Build on Real Estate Boom
1/10/2016 12:00:00 AM
Ft.com | January 10, 2016
Ten years ago, finance was the hot industry for MBA graduates, but ripples from the 2008 meltdown have placed it out of vogue. This article from Ft.com explores how demand for jobs in real estate have transformed post-MBA careers and the industry as a whole.
Stanford Announces Boot Camp for Gay Business Leaders
1/6/2016 12:00:00 AM
Wsj.com | January 6, 2016
Stanford University's business school will offer the Stanford LGBT Executive Leadership Program in late July. The weeklong bootcamp, which is the first of its kind at the university level, is designed to get gay leaders into the C-suite. Read more at Wall Street Journal.
Let's talk business: Why Dr. Lawrence Kosinski pursued an MBA
12/14/2015 12:00:00 AM
Beckersasc.com | December 14, 2015
As healthcare and business become ever more integrated, doctors with a sound understanding of business and medicine will accelerate their careers. Find out how an adding MBA to the MD helped one gastroenterologist better understand his industry.
Why These Business School Professors Taught Negotiation Skills To Girls In Zambia
12/10/2015 12:00:00 AM
Forbes.com | December 14, 2015
A program to teach Zambian girls in the eighth grade better negotiating skills has paid significant dividends. Read more at Forbes about how professors from Harvard Business School and Wharton founded Girls Arise, an innovative negotiation skills training program designed specifically to help sub-Saharan African women communicate effectively in high-pressure situations with complex power dynamics.
Will Smart Machines Disrupt MBA Education?
12/8/2015 12:00:00 AM
Fortune.com | December 8, 2015
The Smart Machine Age is coming, and promises to disrupt the world of work and education. If researchers are correct, the future of business will need critical and innovative thinkers with high emotional IQ. How will MBA schools address the needs of a changing work environment? Read more on Fortune.
The Forté Route to Business School
12/7/2015 12:00:00 AM
PoetsandQuants.com | December 7, 2015
The Forté Foundation's MBALaunch for Women program, a 10-month, peer-supportive pre-MBA boot camp promises to address several main paint points of MBA preparation for women: GMAT preparation and financing their MBAs. Read more about this highly-popular program at Poets & Quants.
European business schools developing new strengths over US rivals
12/6/2015 12:00:00 AM
FT.com | December 6, 2015
Compared to American schools, European business schools offer unique strengths for students looking for diversity and international exposure. In addition, job placement has become more international. Learn more at Financial Times.
Stanford’s Business School Tells M.B.A.s to Wait on Startups
12/3/2015 12:00:00 AM
Wall Street Journal | December 2, 2015
While it challenges its students to come up with the next big idea for a company, Stanford University has also started pushing a new message. This Wall Street Journal article explores how Stanford's Graduate School of business is asking students to focus on finishing their degrees before launching their startups.
Job Skills Companies Want But Can’t Get | Bloomberg.com
4/23/2015 12:00:00 AM
Bloomberg.com | April 23, 2015
In four interactive charts, the Bloomberg Recruiter Report spotlights skills that surveyed employers say are in short supply among newly minted MBAs and lists MBA programs that do the best job of turning out graduates with those skills. Meanwhile, the May Bloomberg Markets magazine features a story with the eye-catching headline “This Johns Hopkins Professor Can Guarantee You a Job in Finance.”
One Way Business Schools Attract Black Students: With Black Students | Bloomberg.com
4/21/2015 4:30:00 PM
Bloomberg.com | April 21, 2015
MBA programs are fooling themselves if they think they’re doing all they can to increase the number of African American and Hispanics in business schools, experts say, and the low numbers are putting schools out of step with corporations that want to hire more minorities. GMAT test-taking trends are cited.
The Worlds Best 40 Under 40 Business School Professors | PoetsandQuants.com
4/17/2015 7:00:00 AM
PoetsandQuants.com | April 17, 2015
Says Poets & Quants of its latest list of the best young business professors: “Winning an Ig Nobel Prize is not enough to get a spot on this list. Neither is taking students to the Amazon. Or getting a class to show up wearing beer helmets. Or having your research featured on the John Oliver show. Or applying neuroscience to the negotiating process. But all of those things help.”
GMAC Purchases NMAT Exam from NMIMS
3/11/2015 3:00:00 AM
GMAC News Center | March 11, 2015
GMAC has taken an important step toward extending its presence in the Indian business school admissions market with the purchase of the NMAT admissions exam from NMIMS. Read more in the press release and FAQs.
Some B-Schools Teach Networking | Wall Street Journal
3/4/2015 7:30:00 AM
Wall Street Journal [subscription required] | March 4, 2015
Concerned that cultural differences put international students at a disadvantage when they pursue jobs and internships, business school career officers at Arizona State University and the University of California-Davis are training foreign students in the soft skills American employers expect, from email greetings to small talk at networking events.
Newly minted MBA? It's the best job market in years | BBC.com
3/2/2015 7:00:00 AM
BBC.com | March 2, 2015
Companies are ramping up their recruiting efforts earlier to target US MBA students, who have more reason to be optimistic about their employment prospects and earning potential than at any time in the past decade, business school officials say. GMAC’s 2014 Year-End Poll of Employers is cited.
Should Business School Deans Know Real Business? | Forbes.com
3/2/2015 7:00:00 AM
Forbes.com | March 2, 2015
“The golden age of business academic research is coming to an end,” writes Forbes blogger Dileep Rao. “Deans will need to have two skills that billion-dollar entrepreneurs have—ability to get revenues and ability to control cash flow. Most current deans will fail.”
Should I retake the GMAT? | FT.com
2/28/2015 7:00:00 AM
FT.com | February 28, 2015
A how-to story offers GMAT test takers the pros and cons of retaking the GMAT plus tips on creating a plan of action and increasing their scores with GMAC’s Enhanced Score Report.
The MOOC Hype Fades, in 3 Charts | Chronicle of Higher Education
2/5/2015 12:00:00 AM
Chronicle of Higher Education | February 5, 2015
Massive online open courses are not sustainable and aren’t even all that important for learning about online pedagogy, according to a majority of academic leaders who responded to the Babson Survey Research Group’s latest study. Even small colleges (those with fewer than 1,500 students) are seeing online education as strategically crucial.
MBAs Are Shunning Industries That Create Jobs | Bloomberg.com
2/2/2015 7:00:00 AM
Bloomberg.com | February 2, 2015
Business schools, a breeding ground for CEOs of the future, are graduating relatively few MBAs interested in manufacturing, health care, construction or education — fields that offer lower starting salaries than hedge funds, private equity and consulting.
Job Market Remains Favorable for Business School Graduates in 2015 | Graduate Management News
1/20/2015 7:00:00 AM
Graduate Management News | January 20, 2015
Among employers planning to hire business school graduates, nine out of 10 expect to maintain or increase the number of job openings for these hires compared with 2014, according to GMAC’s Year-End Poll for Employers. The poll also finds that 96 percent of employers worldwide say graduate business school hires create value for their companies. Also in the January edition of GM News: seven tips for boosting applications, and how to calculate the ROI of GMASS searches.
What Male Stanford B-School Students Learned When They Took a Female Entrepreneurship Class | FastCompany
1/20/2015 7:00:00 AM
Fast Company | January 20, 2015
Three men who signed up for “Entrepreneurship from the Perspective of Women” at Stanford Graduate School of Business say they found that the focus on managing expectations and emotions when starting a business taught them an important lesson.
Increasing Supply of MBA Programs in Supply Chain Management | Businessbecause.com
1/19/2015 7:30:00 AM
Businessbecause.com | January 19, 2015
As global supply chains become more important to international companies, more business schools are offering related MBA and master’s programs. The programs are mostly clustered in the United States.
Start-Up Costs for MBA Graduates Pay Off | Financial Times
1/18/2015 7:30:00 AM
Financial Times | January 18, 2015
Salary data from MBA graduates in their 20s and 30s show that those who quit a corporate career to found a start-up quickly made up any shortfall in pay and are in fact earning more on average than their salaried peers just three years after completing their business studies. The FT says its analysis suggests that an MBA education may help a wannabe entrepreneur’s chances of start-up success.
Going the Extra Mile to Grow Your Working Professional Programs | Graduate Management News
12/16/2014 7:00:00 AM
Graduate Management News | December 17, 2014
To counteract a downward trend in part-time MBA applications, program professionals need to grow their recruiting toolkits, think about their program timing and delivery options, and offer career services that fit working students’ schedules. The December issue of GMAC’s Graduate Management News also offers articles on building strategic relationships with recruiters and getting a head start on 2015 admission targets.
Big Data Drawing Big Student Enrollments | Poets and Quants
12/13/2014 7:00:00 AM
Poets and Quants | December 13, 2014
Though big data faded from business programs after the dot-com bust of the late 1990s, it’s enjoying new popularity now because hot companies like Google and Amazon focus on it and business schools need an attractive new program to boost enrollment.
Recruit Foreign Students More Selectively: Rochester Dean | Poets and Quants
12/12/2014 7:00:00 AM
Poets and Quants | December 12, 2014
University of Rochester Simon Business School Dean Andrew Ainslie ponders the unintended consequences of recruiting large number of foreign students, who are an attractive talent pool but may lack experience U.S. employers want and the ability to get work visas in the U.S.
B-Schools Embrace Last-Minute Candidates | Wall Street Journal
12/4/2014 4:00:00 PM
BWall Street Journal | December 4, 2014
Admissions teams used to think candidates who applied in the later rounds were either disorganized or undesirable, but now they regard them as a possible “offbeat catch.”
Business Schools Feed Employers' Leadership Development Tracks | BusinessBecause.com
12/1/2014 7:00:00 AM
BusinessBecause.com | December 1, 2014
As more global companies look to MBAs for their leadership development pipelines, business schools are serving as a cluster of leadership developers. The GMAC Alumni Perspectives Survey is cited regarding the importance to MBAs of soft skills on the job.
London Business School Tops the 2014 FT European Ranking | Financial Times
11/30/2014 7:00:00 AM
Financial Times | November 30, 2014
London Business School’s one-year master’s in management for pre-experience students, rather than its two-year MBA, was the key to being ranked by the Financial Times as the top business school in Europe. Meanwhile, Poets & Quants used its consolidated rankings approach to name LBS the No. 1 international business school and put Stanford Graduate School of Business at the top in the U.S.
The MBA scholarship wars | Fortune.com
11/20/2014 7:00:00 AM
Fortune.com | November 20, 2014
Even elite MBA programs are using deep discounts to fight for talented applicants. But the end of such largesse may be in sight if an uptick in domestic MBA applications cools down intense competition for students. Results from GMAC’s Applications Trends Report are cited, and GMAC’s Rich D’Amato is quoted.
Just These 5 Lessons Made the MBA Worth the Money | Entrepreneur.com
11/19/2014 7:00:00 AM
Entrepreneur.com | November 20, 2014
“Teams make better decisions than individuals” and “nearly every business activity can be distilled to a project” are among the insights a former journalist gained from the “invaluable investment” in himself when he sought an MBA.
The real reason women fall behind in their careers: their husbands, Harvard study finds | Globe and Mail
11/19/2014 7:00:00 AM
Globe and Mail | November 19, 2014
Expectations at home have prevented—and may yet prevent—many women from achieving their career aspirations, according to a study of Harvard MBA graduates.
Masters of Startup | Inc. Magazine
11/6/2014 6:30:00 AM
Inc. Magazine | November 2014
More M.B.A. graduates are forsaking corporations to launch their own companies. Why? Because entrepreneurship is cool. (But you already knew that)
The Most and Least Valuable M.B.A.s | The Atlantic Monthly
10/25/2014 7:30:00 AM
The Atlantic Monthly | October 25, 2014
It's not much of a surprise that some graduate degrees are better investments than others: an MBA is better than a master's in geography, a JD is better than a doctorate in aerospace engineering, and PhDs in history are worst of all.
Some MBAs Are Now Making $185,000 Right Out of School | Business Insider.com
10/24/2014 7:30:00 AM
Business Insider.com | October 24, 2014
The business schools at Dartmouth College and the University of Michigan have published early Class of 2014 pay and placement data that reach the highest levels since the 2007–09 recession—“a likely harbinger of good news to come from the nation's top business schools.” Meanwhile, better networking, more access to a variety of jobs and more fun are among 11 Reasons Why Getting an MBA Beats Getting a CFA.
Ending the Traditional MBA | Inside Higher Ed
10/23/2014 7:00:00 AM
Inside Higher Ed | October 23, 2014
Wake Forest University is cancelling its full-time MBA program, which has seen enrollment drop from 123 to 98 in the past five years. In the same period, its year-round evening and weekend MBA program for working professionals has grown from 242 to 304.
Business schools work to bridge the gap between academia and industry | Financial Post
10/15/2014 7:30:00 AM
Financial Post | October 15, 2014
Canadian business professors are injecting more applied business education into the classroom to make courses more relevant and meet the changing requirements of international accrediting bodies.
Women in business – Chandra Crawford, EMBA student | FT.com
10/12/2014 7:00:00 AM
FT.com | October 12, 2014
A profile of a 2006 Canadian Olympic gold medalist and current MBA candidate references GMAT-prep videos in which she says, "I prepared exactly like I would for my Olympic ski race. It really worked."
MBA Rankings Lose Lustre As Business Education Becomes Global | Business Because
10/7/2014 7:30:00 AM
Business Because | October 7, 2014
As business schools compete to lure the best students and the education market becomes more global, being able to distinguish the best MBA programs for the rest is becoming more difficult.
Peter Thiel on Creativity: Asperger’s Promotes It, Business School Crushes It | Bloomberg Businessweek
10/7/2014 7:30:00 AM
Bloomberg Businessweek | October 7, 2014
MBA programs produce thinkers who tend to buy into innovations only once they’ve peaked, Pay-Pal founder and venture capitalist Peter Thiel said while on a book tour that has stopped at several business schools.
Beware Higher Ed Doomsayers | Chronicle of a Higher Education
10/6/2014 7:30:00 AM
Chronicle of Higher Education | October 6, 2014
For more than a century, there have been predictions about the impending demise of higher education. They have all proved wrong.
Two-year MBAs still the gold standard | Toronto Globe and Mail
10/3/2014 7:00:00 AM
Toronto Globe and Mail | October 3, 2014
International students continue to account for more than half of applicants to two-year MBA and master of finance programs worldwide, notes coverage of the recently released GMAC 2014 Application Trends Survey. GMAC’s Michelle Sparkman Renz is quoted. Additional coverage out of the UK is to be found in Business Because.
The MBA of the Future Needs a Different Toolbox | Forbes.com
10/1/2014 7:30:00 AM
Forbes.com | October 1, 2014
Dean Richard Lyons of the Haas School of Business at the University of California-Berkeley recently opined that in the next five to 10 years, 50 percent of business schools could be put out of business by the online delivery of business programs. This article explores another impact that technology could have on graduate business programs, requiring substantial change to the traditional MBA curriculum.
M.B.A. Applications Still on a Hot Streak | WSJ.com At Work blog
10/1/2014 6:00:00 AM
WSJ.com At Work blog | October 1, 2014
Driven by an improved global economic climate and more MBA hiring, applicant pools grew at 61 percent of the full-time, two-year MBA programs that participated in the 2014 GMAC Application Trends Survey. That’s an increase from 50 percent in 2013 and 43 percent in 2012. GMAC’s Michelle Sparkman Renz is quoted. Poets & Quants notes that the proportion of female applicants dropped to 37 percent.
Two-year MBA Programmes See Applications Rise for Second Year | FT.com
9/29/2014 7:00:00 AM
FT.com | September 29, 2014
Nearly two-thirds of full-time, two-year MBA programs reported increasing or stable application volumes, according to GMAC’s just-released Application Trends Survey. One-year MBA and master’s in finance programs reported declines. GMAC President Sangeet Chowfla is quoted.
Forget the MBA | BBC Capital
9/26/2014 7:00:00 AM
BBC Capital | September 26, 2014
Ron Alsop reports that “…a growing number of people are hoping MOOCs will be a ticket to a new job or promotion—without the cost and time required to secure a traditional university degree.”
How U.S. Colleges Are Screwing Up Their Books, in Three Charts | Bloombergbusinessweek.com
9/24/2014 7:00:00 AM
Bloomberg businessweek.com | September 24, 2014
An updated analysis of colleges’ balance sheets indicates that more U.S. schools are financially “at risk,” according to Jeff Denneen of Bain & Co. and Tom Dretler of Sterling Capital Partners.
A Handful of Elite Business Schools Are Also Academic Powerhouses | Bloomberg Businessweek.com
9/23/2014 6:30:00 AM
Bloomberg Businessweek.com | September 23, 2014
Chicago Booth, Texas A&M’s Mays, and Duke’s Fuqua are among the business schools with three or more research “rock stars” who have written papers in the top 1 percent of citations in their fields, according to a Thomson Reuters report.
How MBA Students Fund Their Business School Qualification | South China Morning Post
9/22/2014 7:30:00 AM
South China Morning Post | September 22, 2014
Using data released by GMAC earlier this month, the SCMP writes, “…comparatively little attention has been focused on how students actually fund their studies and what steps are necessary to make ends meet while still taking the course. To shed light on the issue, GMAC has conducted a survey on what goes into the ‘financing mix’ when it comes to paying for business school, and the results are likely to raise a few eyebrows.”
NFL Players Union Helps Former Players Get a Leg Up | AssociationsNow
9/15/2014 7:30:00 AM
Associations Now | September 15th, 2014
Working with Indiana University, the NFL Players Association is offering its members access to an MBA program. The goal: to ensure that players have just as much success off the field as they do on it.
Three Simple Ways to Reinvent Business Education | BloombergBusinessweek
9/15/2014 7:00:00 AM
BloombergBusinessweek | September 15th, 2014
It used to be that an MBA from a prestigious business school guaranteed success for both the MBA holder and the organization that hired him. That’s no longer true. The business climate has changed, and that makes continuous reinvention necessary for organizations, careers, and yes, even business schools.
Top US university in Africa graduates first students | University World News
9/15/2014 5:30:00 AM
University World News | September 15th, 2014
Internationally respected Carnegie Mellon University became the first highly ranked American institution to operate a fully-fledged campus in Africa when it set up in tiny, post-conflict Rwanda in September 2011. The first batch of students graduated last month.
Future of the executive education: Unbundled MBA | CNBC/USA Today, USA
9/14/2014 7:00:00 AM
CNBC/USA Today, USA | September 14, 2014
In a quarter of a century, most business students will never enter a classroom.
Masters in Management Options Are Growing Fast | Financial Times, UK
9/14/2014 7:00:00 AM
Financial Times, UK | September 14, 2014
The fear that master’s in management programs will cannibalize MBA programs is unfounded, according to a report accompanying the Financial Times’ recently released 2014 MIM rankings. London Business School, together with IE in Spain and Northwestern’s Kellogg School and Duke in the US, have set up the International Masters in Management Association to help promote the degree.
First-Round Deadlines Are Three Weeks Away. Find Out if You're Ready | BloombergBusinessweek
9/8/2014 7:30:00 AM
BloombergBusinessweek | September 8, 2014
GMAC’s Eric Chambers provides insight and tips based on his day as admissions officer at Wharton to help applicants get ready and remember to say thank you.
Are Colleges Producing Career-Ready Graduates? | The Wall Street Journal
9/3/2014 6:00:00 AM
The Wall Street Journal | September 3rd, 2014
It's time to stop debating the value of a college education, say a pair of professors from New York University and the University of Virginia. Instead, they say in a new book, parents and employers should ask whether schools are doing much to help students become productive adults.
Is It Time To Take Your Career To Asia? | Forbes.com
7/31/2014 7:00:00 AM
Forbes.com | July 29, 2014
Asia is a growing market for MBA talent, writes columnist Matt Symods. GMAC's Corporate Recruiters Survey is cited and GMAC board member Sean Ferguson of HKUST Business School is featured in an accompanying video.
Africa is final frontier for graduate management education | BusinessDayOnline.com, Nigeria
7/29/2014 7:00:00 AM
BusinessDayOnline.com, Nigeria | July 29, 2014
In a Q&A, GMAC’s Ron Sibert discusses GMAC’s efforts to grow the pipeline of qualified graduate business school candidates in Africa.
GMAT rules | The Hindu, India
7/27/2014 5:00:00 PM
The Hindu, India | July 27, 2014
In a Q&A, GMAC’s Gaurav Srivastava discusses the demand for quality management education and the GMAT exam in India.
MBA student fees fund management research | Times Higher Education, UK
7/24/2014 7:30:00 AM
Times Higher Education, UK | July 24, 2014
GMAC’s Sangeet Chowfla discusses the implications of a funding model in which business students subsidize research.
Germany warms to the MBA | Financial Times, metered paywall
7/21/2014 7:00:00 AM
Financial Times, metered paywall | July 21, 2014
German business schools are gaining stature as the number of GMAT test takers sending scores to Germany has tripled in five years. GMAC’s Ben Glover is quoted.
Timeline: When to Apply for Business School | USNews.com
7/21/2014 7:00:00 AM
USNews.com | July 22, 2014
An interactive timeline lays out the multiple application rounds at many business schools; the Take the GMAT section includes a video featuring GMAC’s Joanna Graham.
Finance Led Early MBA Job Offers This Year | Poets and Quants
7/20/2014 7:00:00 AM
Poets and Quants | July 20, 2014
More than a quarter of the class of 2014 business school graduates with early job offers are headed into finance or accounting sectors, with consulting the most popular sector for career switchers, according to The B-School Job Market in 6 Graphs, a PowerPoint analysis of the Global Management Education Graduate Survey.
Startups, Tech Companies Shop for More MBA Hires | Bloomberg Businessweek.com
7/18/2014 7:00:00 AM
Bloomberg Businessweek.com | July 18, 2014
On-campus recruiting is up at business schools, with new companies leading the way, says a survey by the MBA Career Services & Employer Alliance. Overall findings, and those regarding the technology industry, echo GMAC's Corporate Recruiters Survey earlier this year.
Integrating Self-Development Skills into Your Graduate Management Program | Graduate Management News
7/15/2014 6:00:00 AM
Graduate Management News | July 15, 2014
The S P Jain Institute of Management and Research has integrated Reflect by GMAc to help students improve the “being” skills that employers look for, says Atish Chattopadhyay who presented a session at GMAC’s Annual Conference. Also in the July Graduate Management News: Using content marketing to attract MBA students, the corporate perspective on diversity recruitment, a GMAC Annual Conference wrap-up, and the online update to the Official Guide for GMAT® Review 2015.
'Official Guide for GMAT Review' Series Gets Online Update | GMAC News Center
7/14/2014 7:30:00 AM
GMAC News Center | July 14, 2014
The best-selling Official Guide for GMAT® Review 2015 series is adding online content, videos and a study tool that allows test takers to build customized practice sets. An Official GMAT blog post on mba.com gives tips on building customized practice sets.
Students opt for internships with impact | FT.com, metered paywall
7/13/2014 7:00:00 AM
FT.com, metered paywall | July 13, 2014
More business students are pursuing internships, often unpaid, in social entrepreneurship or impact investing.
B-Schools Finally Acknowledge: Companies Want MBAs Who Can Code | Bloomberg Businessweek.com
7/11/2014 7:00:00 AM
Bloomberg Businessweek.com | July 11, 2014
Business schools are responding to tech companies' demand for code-literate managers with electives to teach MBA students to code. GMAC’s Corporate Recruiters and Global Management Education Graduate Survey are cited.
The astounding boom in undergrad business education | Poets and Quants for Undergrads
7/9/2014 7:00:00 AM
Poets and Quants for Undergrads | July 9, 2014
Getting into a top undergraduate business program is getting tougher as applications to AACSB-accredited US programs were up 14 percent from 2008-09 to 2012-13.
How a Class That Graduated in the Early Days of the Recession Has Fared Since | Chronicle of Higher Education
7/8/2014 7:00:00 AM
Chronicle of Higher Education | July 8, 2014
A US government report titled "Baccalaureate and Beyond: A First Look at the Employment Experiences and Lives of College Graduates, 4 Years On" finds that four years after graduating, 6.7 percent of class of 2008 college graduates were unemployed and 7.9 percent were out of the workforce
Consider a Career in Manufacturing as an MBA | USNews.com
7/3/2014 7:00:00 AM
USNews.com | July 3, 2014
Class of 2014 business school graduates surveyed in GMAC’s Graduate Management Education Graduate Survey had high early success rates on the job market, a sign that manufacturing is coming back in the US and offering opportunities for MBAs.
Want to Get Into Business School? Write Less, Talk More | Wall Street Journal
7/3/2014 7:00:00 AM
Wall Street Journal | July 3, 2014
Numerous top MBA programs are trimming their application essay requirements, which pumps up their application volumes and allows them to focus more on interactions with applicants.
No prep, no clue. How I took the GMAT cold | Globe and Mail, Canada
6/26/2014 7:00:00 AM
Globe and Mail, Canada | June 24, 2014
Journalist Adam Stanley writes a first-person account of taking the GMAT exam without preparing. GMAC’s Tracey Briggs is quoted, as is former GMAC staffer Trevor Reaske.
Score Preview Added to Graduate Management Admission Test | GMAC News Center
6/25/2014 7:00:00 PM
GMAC News Center, gmac.com | June 25, 2014
Starting Friday, GMAT test takers will be able to see their unofficial scores at the test center before deciding whether to accept or cancel them. The change is part of GMAC's efforts to make the test easier to take and to give test takers more control over the score reporting process.
MBA Students Can Help Spice Up Your Startup's Special Sauce | Entrepreneur.com
6/24/2014 6:00:00 AM
Entrepreneur.com | June 24, 2014
Karen Mishra, assistant marketing professor at Meredith Collge, explains how entrepreneurs can use consulting teams of MBA students to benefit their start-ups and give the students valuable consulting experience. Also, on LinkedIn: George Iliev of AMBA lists four dangers of doing an MBA before age 25.
Leverage Job Prospects With a Masters in Accounting | USNews.com
6/19/2014 7:00:00 AM
USNews.com | June 19, 2014
Some 45 percent of employers globally plan to hire new master of accounting graduates this year, up from 36 percent last year, according to GMAC’s Corporate Recruiters Survey.
Companies not traditionally on an MBA grad's map are looking to hire | Crain's Detroit Business
6/1/2014 7:00:00 AM
Crain's Detroit Business | June 1, 2014
GMAC's recent Corporate Recruiters Survey shows spikes in demand for MBA holders among energy/utility and pharmaceutical/health care companies, industries that have not been large magnets for MBAs previously. GMAC's Gregg Schoenfeld is quoted.
GMACs goal is to connect Indian students with local B-schools | LiveMint, India
5/29/2014 9:30:00 AM
LiveMint, India | May 29, 2014
GMAC CEO and President Sangeet Chowfla talks about the diversification of the management education market and of GMAC's efforts at diversifying. Chowfla also talks about the Corporate Recruiters Survey and job market for business school graduates in a video interview with Della Bradshaw on FT.com.
Departing Deans on Fundraising, Ethical MBAs, and Cartooning | Bloomberg Businessweek.com
5/29/2014 7:30:00 AM
Bloomberg Businessweek.com | May 29, 2014
Paul Danos, dean of the Tuck School of Business at Dartmouth; Mark Zupan, dean of the University of Rochester’s Simon Graduate School of Business; and Bob Bruner, dean of Darden School of Business at the University of Virginia, offer advice for their successors and discuss a range of topics.
Good timing for business grads: Fortune 100 companies plan to hire more this year | Globe and Mail, Canada
5/29/2014 7:30:00 AM
Globe and Mail, Canada | May 29, 2014
Findings from GMAC’s Corporate Recruiters Survey are consistent with trends in Canada, as four out of five companies surveyed plan to hire MBAs this year, up from 50 percent in 2009.
Graduate Management Admission Council Appoints Robert J. Alig Executive Vice President | GMAC News Center, gmac.com
5/28/2014 8:00:00 AM
GMAC News Center, gmac.com | May 28, 2014
GMAC has named Robert J. Alig executive vice president of the new School Products division, effective July 1. Alig is vice president of the College Board middle states regional office and former director of MBA admissions and financial aid at the Wharton School.
New strategies to recruit women pay dividends | Globe and Mail, Canada
5/23/2014 7:00:00 AM
Globe and Mail, Canada | May 23, 2014
Canadian business schools are using different strategies to enroll more women in MBA programs. The rise in the proportion of female GMAT test takers is cited. A commentary by Jennifer Berdahl of the UBC Sauder School of Business says the key to getting more diverse corporate boards in Canada is through valuing heterogeneous social networks.
Hire and hire | Economist.com
5/22/2014 7:00:00 AM
Economist.com | May 22, 2014
GMAC’s Corporate Recruiters Survey shows that demand is up for MBAs but also notes that just as many recruiters expect to hire experienced direct-industry candidates. There’s more coverage in Business Because, and the survey and other GMAC data are cited in a new Noodle.org infographic on the state of the MBA in Poets and Quants.
More Recruiters Plan to Hire MBAs | Graduate Management News
5/22/2014 6:30:00 AM
Graduate Management News | May 20, 2014
GMAC’s Corporate Recruiters Survey offers good news for class of 2014 business school graduates. Also in this month’s Graduate Management News: Using CRMs, a book review of Susan Cain’s Quiet by Stacey Dorang Peeler, the IR Prep Tool, and a GMAC Annual Conference preview.
Master's degrees are as common now as bachelor's degrees were in the '60s | Vox.com
5/20/2014 7:00:00 AM
Vox.com | May 20, 2014
An analysis of US Department of Education data finds that from 2002 to 2012, business overtook education as the most popular master’s degree conferred in the US. There's commentary on the rise of the MBA on Slate.com and Boston.com.
In B-School, Is That a Syllabus, or an Itinerary? | NYTimes.com
5/18/2014 7:00:00 AM
NYTimes.com, metered paywall | May 18, 2014
The cost of MBA student-organized trips — for work or play— is separating the haves from the have-nots.
M.B.A. Job Market on the Upswing, Even in Europe | At Work blog, wsj.com
5/18/2014 7:00:00 AM
At Work blog, wsj.com | May 18, 2014
Some 80 percent of employers in GMAC’s Corporate Recruiters Survey plan to hire MBAs, up from 73 percent that hired MBAs last year. More coverage of the survey, out today: USAToday.com, focusing on US figures; FT.com, CNBC and LiveMint India, emphasizing global numbers; Bloomberg Businessweek.com, stressing the importance of internships; and Poets and Quants, with an overall story, plus separate articles on graduates requiring visas and the skills employers want.
GMAT or GRE? It shouldn’t be a question for aspiring MBAs | eFinancialCareers.com
5/14/2014 7:00:00 AM
eFinancialCareers.com | May 14, 2014
Although many business schools accept the GMAT or the GRE, MBA applicants should take the GMAT, admissions consultants recommend. Also: There’s a Q&A about the GMAT with GMAC’s Tracey Briggs at gotMBA.co.
Yes the World Needs More MBAs. Heres Why | Bloomberg Businessweek.com
5/13/2014 7:00:00 AM
Bloomberg Businessweek.com | May 13, 2014
The world needs leaders who deeply understand markets; their connection to the public sector; and the philosophical, cultural, and social implications of business’s growing global influence, writes Northwestern Kellogg Dean Sally Blount.
India's MBA candidates in decline | BBC
5/12/2014 7:00:00 AM
BBC | May 12, 2014
Video: Even if India’s economic slowdown turns around, it is unlikely that demand for MBAs will return to the rate of recent boom years.
NFL players warn rookies: Stop spending! | CNN Money
5/10/2014 7:00:00 AM
CNN Money | May 10, 2014
Following last week’s National Football League draft, former players warn rookies that ignorance and money are a bad combination. NFL short courses at business schools are cited as a good place for players to network.
What Future MBAs Want and Where Theyre Headed | Poets and Quants
5/7/2014 6:30:00 AM
Poets and Quants | May 7, 2014
New GMAC research on prospective business students from major US metro areas and parts of Asia reveal similarities and differences in current and intended industries, graduate program types they are considering, their motivations for considering business school, and how they expect to pay for their graduate education. Infographics illustrating those data for each metro area are on GMAC’s News Center.
从全球视野看MBA教育 | China Education Daily
4/30/2014 7:00:00 AM
China Education Daily| April 30, 2014
GMAC's Fanmin Guo and Robert Yu are interviewed on the global trends in MBA education in the official newspaper of the Ministry of Education in China. (Google English translation)
What the Scarcity of Women in Business Case Studies Really Looks Like | Harvard Business Review Blog Network, metered paywall
4/28/2014 7:00:00 AM
Harvard Business Review Blog Network, metered paywall | April 28, 2014
A study of award-winning and best-selling business school case studies reveals that women are absent in 45 percent and featured as protagonists in just 13 percent. Writing in the Washington Post, Bob Bruner, dean of University of Virginia Darden School, addressed the issue of women in case studies at a recent White House event.