Graduate Management News

November 2016

The Newsletter of the Graduate Management Admission Council

Global Program News

Get the latest news in the graduate management education industry.

  • Former GMAC Board member McChesney joins Leavey School of Business. Toby McChesney, formerly assistant dean of Graduate Recruiting and Student Services at the J. Mack Robinson College of Business at George State University and a former board member of the Graduate Management Admission Council (GMAC), has been appointed senior assistant dean of the Leavey School of Business at Santa Clara University. Prior to Georgia State, McChesney worked at Emory’s Goizueta Business School, where he was associate director of Executive MBA Admissions.  Before Emory, he served in student recruiting at American University in Washington, DC. McChesney will help spearhead changes to the evening MBA program, new “intensive” sessions on a variety of aspects of business, and new ways of thinking about technology and education. McChesney holds a BA in communications, legal institutions, economics, and government from American University, an MA in higher education administration from George Washington University, and a Ed.D. in higher educational leadership from Nova Southeastern University.

  • Stern alumni help create new MBA program for veterans. Lorenzo Fertitta and NYU Stern School of Business alumnus Frank Fertitta donated $15 million to the school for a new MBA program designed for veterans. As a result, nearly 20 students will receive this scholarship next year, which reduces their tuition from $66,588 to $30,000 per year. The Fertitta Veterans Program also provides customized academic and professional support to help veterans manage transitioning from the military to business school. Besides the scholarships, the Fertitta Veterans Program provides extra academic resources, including a specific summer program designed for students to get familiar with some basic business concepts and prepare to enter the business world.

  • San Diego State University receives record-setting gift for business school. The San Diego Padres Chairman Ron Fowler and his wife, Alexis, have pledged a $25 million endowment to the university to help create new scholarship programs, recruit new staff members, and develop new fellowship opportunities within the Fowler College of Business Administration. Alexis Fowler is a graduate of SDSU's business school, which will be named in the couple’s honor.

  • Eccles School of Business launches specialized degree in business analytics. The Eccles School of Business at the University of Utah has launched a new specialized graduate degree in business analytics, the first of its kind in the state. The Master of Science in Business Analytics will give students advanced knowledge in both analytics and management, preparing them to enter the robust world of “big data.” A hands-on focus in the curriculum, three-credit hour capstone project and one-on-one career coaching will ensure students have the tools they need to compete in the analytics industry. In conjunction with the new program, the Eccles School also will offer a graduate certificate in business analytics.

  • Harvard Business School (HBS) starts program for alumni in New York. HBS has opened the Harvard Business School Startup Studio in New York City, designed to help recent HBS graduates develop their ideas into actual companies. The new “incubator” is designed to provide business advice and work space, as well as bring together the many former Harvard students living in New York. The program’s offices are in the Union Square neighborhood of Manhattan. Inside, employees from several startups work on everything from health care to media, while sharing the same office space. Each company gets enough work space for up to seven people. They can use the studio space as long as they like. There are several requirements that a startup must meet before the program accepts them. The company must already have secured at least $500,000 in financing from an outside source. Also, at least one person in the company must be an alumnus or alumna of Harvard Business School.