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- University of Pennsylvania has sent out 200 "likely letters" to high school seniors: If they maintain solid grades and moral standing until graduation, they'll be in. This is an increase from last year's 120 likely letters. Likely letters are sent out earlier than regular decision letters, as a sort of "first dibs." (The Daily Pennsylvanian)
- A Chronicle article reports that in the next academic year, British government will only be allocating $11.3 billion in funds to more than 250 colleges and universities. The $877 million decrease is the first of its kind since the Labour Party came to power a dozen years ago. The budget for teacher's salaries will experience the largest cut at $116 million. Among the institutions receiving the largest reductions is the London Business School, which will experience a 13.9% decrease in public support.
- In a Daily Pennsylvanian article titled "Tenure scale difficult to define," Rebecca Kaplan explains how University of Pennsylvania students struggle to understand the college's position on teaching, research, and tenure. The tenure denial of Professor Ronald Granien has sparked serious discussion among students, faculty, and administrators about the current steps a professor must take to gain tenure. Striking a balance between teaching and research is key; a professor who does too much of one and not enough of the other can damage his or her career, explains Dennis DeTurck, college dean.
- In an interview with the Business Standard, David A. Wilson, GMAC President and CEO, discusses GMAC's plans for a new India office. A few highlights:
- Wilson explains how India provides "ideal conditions for the GMAT and for management education" because of its "knowledge-based economy, entrepreneurial spirit and a youthful population."
- The new GMAC office will be opened in Bangalore, Delhi, or Mumbai.
- There are currently 17 test centers in India.
- 30,633 Indian citizens took the GMAT exam in 2009, up 7% from last year and 128% in the last five years.
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