- Australia steps up recruiting efforts in Latin America, and is rewarded by a huge increase in enrollment of Latin American students. In the last six years, reports a recent Chronicle article on the subject, enrollment of students from Latin America has skyrocketed from 7,000 to 34,000. The article explores the reasons for such an increase, among them being reduced visa restrictions, aggressive outreach campaigns, and a growing distaste for the U.S. among Latin Americans.
- According to a Businessweek article, "Ph.D. Programs for Executives Gain Traction," more and more senior-level managers are seeking doctoral degrees in business, and business schools are aiming to fulfill that demand. Executive Ph.D. programs offer high-level managers with an opportunity to strengthen their research skills (which will then be applied back to the business world) or to help experienced senior executives make the shift over to academia. "The main reason these programs are springing up in the U.S. is there seems to be a market," explains Andy Policano, dean of UC Irvine's Paul Merage School of Business. "There are more and more executives willing to pay a fairly high tuition to take this kind of program on, so now it becomes a legitimate business model for schools to offer."
- In an ongoing effort to stress the centrality of innovation to Wharton's culture, the top b-school has announced the creation of a new position, the Vice Dean for Innovation. Karl T. Ulrich the CIBC Professor of Entrepreneurship and e-Commerce, has already been appointed to fill this position. The new post will be responsible for assisting the school in identifying and developing new ideas for positive change in the educational experience and outcomes at Wharton. Wharton dean, Thomas S. Robertson, explains, "In the academic world of ideas, innovation can be ephemeral—but with a new Vice Dean in place, we are giving our best new ideas a much-needed structure in which to grow." (Source: "Fostering Innovation at Wharton," a message from the dean at Wharton)
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