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Could a new app give MBAs more confidence in their speaking?
From MBA applicants narrowing their focus to analytics and Big Data bringing big opportunities—catch all the trending stories for future business leaders.
Narrower focus in business education
A new survey released by the Graduate Management Admission Council, the folks who make the GMAT, shows that prospective MBA students are increasingly single-minded in what they hope to get out of a business education. The survey found that more than seven in ten applicants listed a single industry of career interest, compared with only 58 percent who did so the previous year. The survey also found that male MBA applicants are more likely than female applicants to use loans and personal savings to finance their business education. (The Financial Times)
The Class of 2016
We wish a hearty congratulations to the graduating MBA Class of 2016. As they close one chapter in their lives and open another, we salute their accomplishments—and in so doing, we also offer a look at your potential future selves. The recent graduating class includes White House staffers, submarine commanders, volunteers for the Peace Corps, and a host of other diverse, impressive backgrounds. We expect them to continue to do great things and we hope they serve as inspirations to you as you move forward in your own exciting business education path. (Poets & Quants)
Globalizing teamwork
Business students know what it’s like to work on teams. Team projects are an important part of an MBA education. So don’t be surprised by all the team and group meetings you’ll attend as student. Yale School of Management is taking this approach to the next level by showing its students what it’s like to work on a global team. Students are teamed up with other MBA students around the world to meet virtually in a new mandatory class called “Global Virtual Teams.” The course focuses on process rather than just content, which something Yale has traditionally focused on. (Quartz)
For MBAs, by MBAs
One of the most important skills you need to get into and succeed in business school—as well as in the business world—is to be an effective speaker. You may not like speaking in public or speaking with people you don’t know, but you ought to at least be able to do it well. Several Harvard Business School students just created an app to help people improve this skill. Their app, which they’ve named Ummo, records users’ voices, words, and tone, then it offers feedback. One of the app’s primary functions is to measure how often you use “filler words” like “actually” and “basically.” For now, the app is only available for iPhone. (Business Insider)
Big Data, big opportunities
Duke University’s Fuqua School of Business, one of the world’s top-ranked MBA programs, has just launched a master’s degree in data analytics. This comes as more businesses realize the value of employees who can break down large sets of data, explain it to executives, and help the company grow. “We are hearing first-hand from employers who are looking for people who can sort through data quickly and identify and communicate key insights. Employers are telling us the skill-set is in short supply,” said Bill Boulding, dean of Fuqua. The program lasts ten months and is designed for those who already have strong quantitative skills but who lack work experience. (BusinessBecause)
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The post Business Education Emphasizes Teamwork, Public Speaking appeared first on Business School Insider.
