{"id":36057,"date":"2017-02-23T08:53:05","date_gmt":"2017-02-23T15:53:05","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2017\/02\/business-schools-integrate-data-science-into-curriculum\/"},"modified":"2017-02-23T08:53:05","modified_gmt":"2017-02-23T15:53:05","slug":"business-schools-integrate-data-science-into-curriculum","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/business-schools-integrate-data-science-into-curriculum\/","title":{"rendered":"Business Schools Integrate Data Science Into Curriculum"},"content":{"rendered":"
\"Top<\/a><\/p>\n

Kaplan\u2019s latest survey of admissions officers shows data science skills are in demand.<\/em><\/p>\n<\/div>\n

While a recent survey suggests MBA programs are taking in-demand tech skills like data science more seriously, a new rankings list evaluates the expected annual salaries of top business school grads. This and more in our roundup of management education news.<\/span><\/p>\n

MBA programs emphasize data science skills<\/span><\/h2>\n

Every year for the past decade, Kaplan Test Prep has surveyed admissions officers at business schools across the United States so that we can share the most up-to-date and accurate information with aspiring MBAs. Just last week we released our latest batch of findings focused on how business schools are adjusting their curricula to integrate technology-focused courses\u2014namely, data science, big data, and coding. What we found that is that data science and big data courses are part of the vast majority of MBA programs\u2019 offerings, while coding less so.<\/span><\/p>\n

\u201cWhat companies are saying is that many of their current employees, who graduated a decade ago or more, don\u2019t necessarily have these skills, and they\u2019re looking to a new generation of business school graduates who do,\u201d said Brian Carlidge, Kaplan Test Prep\u2019s executive director of pre-business and pre-graduate programs. \u201cOur survey finds that many business schools are rising to the challenge to meet this demand.\u201d (<\/span>Poets & Quants<\/span><\/a>)<\/span><\/p>\n

Business school ROI<\/span><\/h2>\n

Business students can be risk averse by nature, so it\u2019s only natural for them to want to know their ROI before making a big spend on MBA education. The <\/span>Financial Times<\/span><\/i> is out with a new rankings lists that explores this very issue: Which business school graduates earn back the cost of their degrees the fastest? <\/span><\/p>\n

Among the programs at the top of the list were <\/span>Stanford Graduate School of Business<\/span><\/a>, where three years out from graduation MBAs can earn an annual salary of nearly $195K, and <\/span>Harvard Business School<\/span><\/a>, where graduates can expect to earn an annual salary of nearly $178K after three years. Both degrees \u201conly\u201d cost around $100K, so it can be considered a strong investment. (<\/span>BusinessBecause<\/span><\/a>)<\/span><\/p>\n

Round Three blues<\/span><\/h2>\n

If at first (and second) you don\u2019t succeed, should you try again? When it comes to the business school admissions process, the answer is probably not in many cases. While there are some good reasons to think you might get in if you apply in Round Three, even after business schools have already accepted hundreds of qualified applicants, consider some reasons you might want to wait until next year.<\/span><\/p>\n