What do the latest U.S. News rankings mean for top business schools?
From U.S. News & World Report’s 2016 rankings and its discontents, to a resurgence in banking industry jobs, to networking like an American, let’s dig into the latest headlines in MBA admissions and business school news. Please leave your comments below … we know aspiring MBA students aren’t shy.
The U.S. News rankings have arrived
It’s Christmas in March for MBA rankings aficionados. Last week, U.S. News & World Report released its 2016 list of the 100 best business schools in the country. Stanford GSB got the overall win, HBS placed second, and UPenn Wharton showed up in third. How did other business schools do? Check out the rest of the U.S News rankings here. (U.S. News & World Report)
The winner and losers
What would a rankings list be without winners and losers? The biggest winners in the 2016 U.S. News rankings were several MBA programs that didn’t even place last year—including the University of Louisville, which jumped over 30 spots to come in at 70th. Among the biggest losers: Pepperdine University’s Graziadio Business School, which disappeared from the list completely. (Poets & Quants)
Our nation’s heroes
Military veterans bring some amazing skills into the classroom as MBA students. They know about perseverance, dedication, and how to get things done. With that in mind, The Military Times has published its own list of the best business schools for vets. The publication also conducted a survey, which found that many MBA programs have vets among their senior leadership. (The Military Times)
Banking resurgence
Six years after the financial crisis rocked the world’s economy, there are some encouraging signs that recruiting is picking up in the financial services sector. Among the positive trends, Wall Street employment jumped last year for the first time since 2011, and Europe’s banking chiefs believe recruitment will rise this year, which means hiring may return to near pre-crisis levels. (BusinessBecause)
Applying to business school for all the wrong reasons
Going through the arduous MBA admissions process and earning your MBA is an incredible investment of both time and money—one that will likely pay off after graduation—but are there less than ideal reasons to go to business school? There sure are. One of them, it turns out, is that it looks good on your resume. (U.S. News & World Report)
Networking, American style
A large number of students at American business schools come from overseas, which may put them at a disadvantage when it comes to understanding the cultural norms involved in one of the most important activities for landing internships and jobs while in business school: networking. To make sure their international students are caught up to speed, many business schools, including Arizona State University’s W.P. Carey School of Business and University of California-Davis’s Graduate School of Management are teaching them how to network like an American. (The Wall Street Journal)
Rest in peace
Harvard Business School professor Walter J. Salmon, a renowned expert on retailing, retail distribution, and marketing, passed away this month at the age of 84. Future students still have a lot to learn from his legacy. (The Boston Business Journal)
What are you talking about in MBA news? Share your comments with your fellow aspiring business students below. Kick off your good life by signing up for a free GMAT practice test.
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