Looking to unlock the good life by going to business school? Best to stay on top of the current MBA news. Check out some of the latest headlines, recaps, and studies about the MBA admissions process from media outlets across the country.
From parents of prospective MBAs having to foot more of their kids’ tuition bills, to a proliferation of GRE applications being submitted instead of GMAT applications, it’s been a busy few weeks. Here are some highlights in this month’s MBA news:
A new study finds that aspiring MBA applicants are increasingly planning to turn to their parents to help finance their education. Note the small gender gap. Women, who generally enter the MBA admissions process at a younger age and with less financial means, are more likely to have their parents involved in the financial aid equation than men are. (The Wall Street Journal)
Mentors can help MBA applicants learn the art of networking and how to craft a strong resume. Leverage them. Learn from them. And then thank them! (U.S. News & World Report)
According to a new survey, graduates of Harvard Business School are becoming more optimistic about American competitiveness and more bullish regarding America’s ability to keep up with or pull ahead of other advanced and emerging market economies. (Bloomberg)
Speaking of Harvard Business School, admissions statistics show that last year about 15% of MBA applicants submitted scores from the GRE instead of the GMAT. Kaplan still advises students to take the GMAT instead of the GRE for MBA admissions, as research shows that there might be an advantage in this—a position supported by the Harvard Business School admissions stats. Read more about this issue in our annual admissions officers’ survey this fall. (Poets & Quants)
The Chinese government has had it up to here with corruption at business schools, and now they are doing something about it. (Bloomberg Businessweek)
Robert Reich, who served as former President Bill Clinton’s Secretary of Labor, isn’t so sure that elite business schools are emphasizing the right lessons with their students. Do top MBA programs have a responsibility to solve income inequality? (The Christian Science Monitor).
Principles from J.K. Rowling’s Harry Potter are being instated at Syracuse University’s Whitman School of Management, where MBA students are rewarded for participation in extracurricular activities with “house” points a la Hogwarts. (Fortune)
The bustling city of Medellin, Colombia, nestled in the Andes, is a symbol of the country’s turnaround. It was recently named “The Innovative City of the Year” by the Wall Street Journal, pointing out that Latin America is a region that business schools—particularly those that pride themselves on their commitments to entrepreneurship and international diversity—can no longer ignore. (Bloomberg BusinessWeek)
If having an active social life in business school is what you crave, then perhaps you should check out graduateprograms.com’s list. Tulane leads the charge, not surprisingly, considering New Orleans is a vibrant city where residents are known to laissez les bons temps rouler! Also near the top of the list are Dartmouth and Duke. But, as with ALL rankings, you should consider this one of many factors which selecting your MBA admissions programs. (Business Insider)
What MBA news items are you interested in? Share below!
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The post MBA News: Top Headlines and Recaps for September 2014 appeared first on Kaplan GMAT Blog.
