From a rise in average GPA at America’s top business schools to turning happy MBA students into generous alumni donors after graduation—let’s dig into the latest headlines in MBA news and business school admissions. Leave your comments below.
Average GPA on the upswing
Not only are GMAT scores at nationally ranked top business schools inching upwards, but so is the average GPA of incoming MBA students. According to the latest MBA news, a new analysis shows top business schools reporting slightly elevated GPAs for their first-year students who entered last fall compared with the previous year. The biggest jump came at Northwestern University’s Kellogg School of Management, where the recent incoming class boasts an average GPA of 3.60, up from 3.54 the previous year. Three schools said that their entering MBA students’ average GPA remained stable, while the only school that reported a decline was Harvard Business School. (Poets & Quants)
Happy MBA students make generous alumni
Meet Kembrel Jones, dean of student life at the Wharton School at the University of Pennsylvania. His title could just as well be changed to Secretary of Keeping Students Happy. He focuses on student morale with a laser-like concentration. The goal, however, is not only to make for happy campers, but to ensure that the fond feelings MBA students have for their business school persists well after graduation. “To be blunt,” Jones says, “they’ll write a check, they’ll write a big check, if they had a good experience here.” Courting alumni for donations starts early—before they even become alumni. (Bloomberg BusinessWeek)
Pre-MBA internships for career switchers
What exactly is a pre-MBA internship and should you get one? The first question is pretty easy to answer. It’s the briefly held job you might secure before entering your first year of business school, a position that might help you figure out what you want to do after graduation. Is a pre-MBA internship worth your time? According to one business school admissions consultant, they are becoming increasingly popular and can be particularly beneficial to career switchers. (U.S News & World Report)
Enroll early, increase your ROI
Here’s some MBA news you can feel good about, especially if you’re out to make some big bucks fast: A new study shows that the earlier you enroll in an MBA program, the quicker you’ll make more money. According to research, salary increases of younger business school graduates in the first three years after graduation exceeds that of their older counterparts in both actual and percentage terms. The research suggests some good news for all ages of MBA students as well: 95% of business school graduates reported they had reached their goals, whether that means earning more money or becoming a better manager. (The Financial Times)
The MBA will see you now
One particularly ambitious Canadian medical student is adding MBA to his other title of MD. He is among a growing number of medical students in Canada who are combining their medical and graduate healthcare studies with business degrees from top business schools with the goal of eventually helping to streamline Canada’s complex and generous public healthcare system, which guarantees free healthcare for all. (The Globe and Mail)
What are you talking about in MBA news and business school admissions? 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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