Get the latest in business school news
Here are some of the latest headlines about what’s going on in top business schools today.
From a possible major disruption in the business school education model to doctors in business school, there’s a lot to cover. Oh, and there’s chocolate!
Topping the latest headlines…
Does online education spell trouble for business school admission?
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Will business school programs that offer high-quality hybrid online education soon start poaching students and their tuition money from part-time and executive MBA admissions?
It’s likely, according to UC Berkeley Haas School of Business Dean Richard Lyons. Lyons recently argued the point during a Boston University online conference attended by thousands, including 17 CEOS and 23 deans.
Lyons predicts that half of the business schools could be out of business within 10 years. He calls it a “major financial disruption of business schools.” If he’s correct, that’s a whole lot of change approaching very soon. (Poets & Quants)
Take your degree from a high-ranking business school straight to the bank
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Are you a sucker for a good infographic? If so, then check out this one about the ROI of an MBA, created by the fine folks at the University of North Carolina’s Kenan-Flagler Business School.
Remember this statistic: 75%. That’s the salary increase you can expect with a degree from a top business school if you gain admission with three to six years of work experience under your belt.
Or consider this: You can double your current salary within just three years of graduation! If you enroll in an MBA program with a top-15 ranking (Kenan-Flager currently holds the #19 ranking, according to U.S. News & World Report), it would take you just four years or less on average to pay off your debt. (Poets & Quants)
Paging Doctor MBA
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If you have enough time, ambition, and money, how about holding both an MBA from a top business school AND an MD from a high-ranking med school?
Given that many of healthcare’s greatest challenges are business problems, more and more doctors are adding those three extra letters—MBA—after their names. (The Atlantic)
“Reaching out” for your MBA
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Nearly 1,350 people gathered in San Francisco last week for a conference celebrating LGBT MBAs, run by nonprofit organization Reaching Out MBA.
The goal of the group, according to the executive director, is “to make it clear to those who are entering their career with MBAs that business is a place for them, and that they should be proud to be out.” To help boost these efforts, the group just announced new scholarships for LGBT students, each offering at least $10,000 per year toward tuition. (Bloomberg BusinessWeek)
Variety is the spice of business school
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The University of Chicago Booth School of Business is making headlines—and not just for finance or admissions. Dean Sunil Kumar talks up the top business school’s flexible curriculum and says it is committed to equipping its graduates with a wide range of opportunities.
“We support a broad array of careers,” says Kumar. “Entrepreneurship and finance are tied for the school’s most popular concentration. About 10% of our class will go into marketing, and a significant fraction will go into tech.” (The Wall Street Journal)
Earn your MBA in style
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Love spreadsheets, but also Fashion Week? You’re not alone. London-based designers are discovering that MBA students love fashion too. The British Fashion Council has formed a partnership with London Business School to help fashion designers build sustainable businesses. (The Financial Times)
Business has a sweet side
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Now here’s a delicious way to put that MBA from a top-ranking business school to use: in the chocolate business! Read how one Italian MBA is doing it. (BusinessBecause)
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