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Check out some of the latest MBA news from media outlets across the world. From changes in the business school applicant pool due to current economic trends to a sacked socialist government official heading back to business school, as well as soon-to-be-updated U.S. News and World Report rankings for MBA programs, there’s a lot to share!
- Newly minted MBAs from Stanford’s Graduate School of Business made finance the industry of choice once again this year. Why? Money. And lots of it. Think incredibly lucrative compensation packages. Nearly 30% of 2014 Stanford Graduate School graduates accepted job offers in finance, up from about a 25% last year. Forget those who say finance is out of favor in MBA programs—it’s still very much a top choice. (Quartz)
- Changes in the economy and culture have transformed the makeup of the business school applicant pool. Knowing these trends can help you craft your MBA application and improve your chances of getting in. Remember, it’s never a one-size-fits all approach for a business school applicant—especially from year to year. (BusinessBecause)
- Also making headlines in MBA news: there was a little bit of a freak out among applicants to the University of Pennsylvania’s Wharton School of Business last week when some aspiring MBAs were left in admissions limbo due to a technical glitch. The applicants learned their first lesson of business school: Stay calm and refresh, refresh, refresh! (Poets & Quants)
- Mon dieu! Former French Economy Minister Arnaud Montebourg is going back to school to learn how to run a business. The Socialist official, who was replaced by former investment banker Emmanuel Macron in a Cabinet reshuffle this summer due to his attack on the government’s economic policies, is slated to attend the well-respected Insead Business School. (France 24)
- The dean at the George Washington School of Business wants to recruit MBAs from what she sees as overlooked regions in higher education: Latin America, the Middle East, and India. (The GW Hatchet)
- Could Facebook’s Sheryl Sandberg, a Harvard MBA, become Twitter’s new CEO? (WallStreet.org)
- One of the perks of going to a top business school is that, from time to time, big names will just stop by to drop some wisdom on your soul. (Bloomberg BusinessWeek)
- U.S. News & World Report began its statistical surveys for graduate schools—including MBA programs—earlier this month, kicking off data collection for the rankings in the 2016 edition of Best Graduate Schools.
- The new rankings will be released in late winter or early spring. Stay tuned for the MBA news update. (U.S. News & World Report)
- Congrats to Hult International Business School for beating out 100 other schools to win the Association of MBAs’ (AMBA) 2014 MBA Innovation Award for its redesigned one-year business school curriculum. (PR Newswire)
- This man deserves a giant mahalo! The University of Hawaii Business School recently received one of the largest private individual donations in the history of college education: $69 million. The generous donor, for whom the university’s Shidler College of Business is already named, gave $31 million a few years ago. UH alumnus Jay Shidler’s rationale? To make his total contribution to the college an even $100 million. Talk about rounding up! (FOX/CW – Honolulu)
What MBA news items are you talking about? Share your comments with your fellow aspiring MBAs below. Then kick off your good life as an MBA by signing up for a free GMAT practice test.
The post The Latest in MBA News: Finance Still in Favor, New MBA Rankings on the Way appeared first on Kaplan GMAT Blog.
