Graduate Management News

December 2015

The Newsletter of the Graduate Management Admission Council

Global Program News

Get the latest news in the graduate management education industry.

  • MSU’s Eli Broad College of Business receives $1 million for professorship in management. A $1 million gift to Michigan State University's Eli Broad College of Business has created an endowed professorship in management. The gift, from Al and Nancy Gambrel, will help ensure that students get a real-world educational experience matches the business school's vision of developing transformational thinkers and doers who make business happen.

  • University of Edinburgh Business School enters partnership with Dixons Carphone. The collaboration will champion and develop the role of data science and analytics in business education, funding a major drive to develop teaching and research in data science within the Business School with close to £500,000 invested in various initiatives. The deal will give students and scholars the latest insights to help them master the big data skills needed to analyze consumer behavior, retail, and marketing trends. It will also see the creation of a new full-time academic role, devoted to championing big data and give the School access to cutting-edge software and data for teaching and research.

  • AACSB International awards accreditation in business to five schools. The Association to Advance Collegiate Schools of Business (AACBS) has accredited the following: Ontario Canada-based Lakehead University; Taiwan's National Tsing Hua University; Finland's Hanken School of Economics, now triple accredited; South Korea's Konkuk University at Seoul, the 15th business school in the country that AACSB has accredited; and Saudi Arabia's Qassim University.

  • Iona College receives $15 million to rebuild business school. The give, from graduate Robert V. LaPenta, is the largest in the school's history and will enable Iona to triple the space at Hagan Hall, where the business school is housed. The new structure will house classrooms, case study and meeting spaces, faculty offices, a lecture hall, a business career center and an expanded trading floor classroom. LaPenta graduated from Iona College in 1967. He is chairman, CEO and founding partner of Aston Capital, a private investment company specializing in secure military communication companies and companies with green technology.