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The Midwest may not seem like the most obvious destination for business school graduates entering tech.
Which top-ranked MBA program has become a favorite for Amazon recruiting? How is Northwestern Kellogg handling its recent cheating scandal? What questions should our nation’s veterans ask when evaluating business schools? Keep reading to get the answers.
Amazon recruiting spree
Amazon.com hearts the University of Michigan’s Ross School of Business. This top-ranked MBA program is the leading source from which the online retail giant recruits business school graduates. In fact, just this year, Amazon recruited 59 of the school’s 455 graduates—13% of the entire class. This is more than double the number of alumni hired from the school a year ago. Amazon’s recruitment officers must have been impressed by last year’s hires. Overall, Ross sends 18% of its graduates into the high tech sector, just behind Stanford GSB’s 19%. Stanford, of course, is located very close to Silicon Valley, whereas Ross is three time zones away, making it even more impressive. (Poets & Quants)
More female MBAs, but…
As you faithful readers recall, we frequently report on the diversification and attempts at diversification at business schools. New figures show incremental, if not steady progress. Women make up 40% or more of the top 12 MBA programs in the United States. A year ago, only five MBA programs could be put in that category. Overall, women make up 36% of full-time business school students in the nation—up nearly 4% from 2011. This figure is especially striking when compared with the percentage of CEOs at S&P 500 companies who are women, which is just 4.4%. What this shows is a huge gap between education and positions of power. (Quartz)
Top-ranked MBA salary
Here are some more interesting stats. The University of Pennsylvania’s Wharton School just announced that 98.4% of its graduates from the class of 2015 had job offers three months after graduation—an increase over its already impressive 96% in 2014. Median base salary is $125K (the same from the past two years), with nearly two-third of graduates landing signing bonuses of $25K. The ROI on an MBA—especially from a top-ranked school—remains excellent. Other top business schools, of course, have similar rewards. Chicago Booth graduates also earn $125K on average. (Poets & Quants)
Applying to business school as a vet
Veterans make exceptional MBA applicants, students, and business leaders: Their can-do attitude, esprit de corps, and leadership experience all add up to something unique. The following are some tips for former members of the military who are looking to go from the battleground to the boardroom: 1) Explore the business school culture and fit. Since your experience is very different from most other candidates, you may want to ask the school about any special programs for vets. 2) Does the school specifically recruit veterans? That may show how much they value your experience. 3) Selflessly serving one’s country doesn’t generally make one rich. So make sure the business school has generous financial aid packages.
Cheating scandal strikes Kellogg
One of the country’s top-ranked business schools is being rocked by a cheating scandal. Students at Northwestern’s Kellogg School of Management say that six of their fellow aspiring MBAs openly cheated and that the school’s administration is trying to hide what really happened. “Everybody in the class knows what is happening and everyone in the class knows that the sole goal of the administration is to silence the witnesses,” said one student. The administration says it takes cheating accusations very seriously. It remains unclear whether anyone has been punished yet. (Business Insider)
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The post Amazon Recruiting Targets Top-Ranked Business School appeared first on Business School Insider.
