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New & Noteworthy
These news items are the latest happenings.
Gates: Multilateral approach supports innovation
Gains in population health and innovation have resulted from a multilateral approach to problem-solving, writes Bill Gates, Microsoft co-founder and co-chairman of the Bill & Melinda Gates Foundation. In this commentary, he makes the case for multilateralism and criticizes a recent trend in the US and in Europe toward nationalism. The Economist (tiered subscription model) (10/3)
Call for Proposals is open for GMAC Annual Conference 2019
Don't miss an opportunity to shape GMAC Annual Conference 2019 and position yourself and your school as leaders in the graduate management education community. Call for proposals is open until Jan. 11, 2019. Submit your proposal now.
Universities report decline in MBA applications
Applications for MBA programs at The University of Chicago, Northwestern University and several other schools have declined this year, school data show. A bull market along with tightened US immigration policies are among the reasons for the trend, according to a study by the Graduate Management Admission Council. Chicago Tribune (tiered subscription model) (10/10)
Visa extension possible for some STEM MBA grads
US MBA programs with a STEM designation are seen as attractive to international students partly because of a benefit that allows them to apply for a work-visa extension after graduation. Financial Times (subscription required) (10/8)
Business schools launch online programs
The University of Iowa Tippie College of Business recently announced plans to overhaul its part-time professional MBA program next fall to include an online learning option. Officials say the approach, also adopted at St. Ambrose University in Davenport, is aimed at keeping students enrolled and reflecting the current state of the workforce. Quad-City Times (Davenport, Iowa) (10/8)
Enrollment woes hit US college bond ratings
As international enrollment at US colleges and universities declines, S&P Global Ratings last year downgraded more than twice as many college bonds than it upgraded, including the University of Central Missouri's. The drop in enrollment may be in part because of tighter immigration policies enacted by the Trump administration, say experts. Bloomberg (tiered subscription model) (10/5)
Survey considers confidence in higher education
A Gallup poll shows that 48% of Americans say they have "a great deal" or "quite a lot" of confidence in higher education, down from 57% in 2015. The data show the widest gap was for Republicans with 39% expressing confidence in colleges and universities, a drop from 56% in 2015. Inside Higher Ed (10/9)
What are school leaders looking for in MBA applicants?
Dean Francois Ortalo-Magne, dean of London Business School, says he looks for students who demonstrate curiosity and a willingness to ask questions. Humility is another quality valued by Ortalo-Magne, along with a number of other business-school leaders. Business Insider (10/8)