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Last Updated Jan 18, 2019 by

GMAC Acquires The MBA Tour

This week, the Graduate Management Admission Council (GMAC) announced the acquisition of The MBA Tour, a well-recognized brand dedicated to supporting business schools’ global recruiting efforts. The goal of the purchase is to foster greater dialogue between business schools and candidates by leveraging GMAC’s data and digital assets. “The acquisition of The MBA Tour is part of an ongoing effort to develop smarter, more innovative ways to help business schools grow their candidate pipeline while providing programs with more intuitive, data-driven solutions to meet their recruiting needs,” Sangeet Chowfla, president and CEO of GMAC, said in a press release. “Building... Read more »

Last Updated Jan 17, 2019 by

New Forté Foundation Study Reviews MBA Impact for Women and Minorities

What’s the MBA impact for women and minorities? That’s the question that the Forté Foundation set out to answer in their most recent study. Key Study Insights After surveying 900 male and female MBA alumni who graduated between 2005 and 2017, they found mixed results. While an MBA might boost earning power and increase equality in the workplace for minorities, the same cannot be said for women, according to the study led by Michelle Wieser, Interim Dean of St. Catherine University’s School of Business. Post-MBA Women Post-MBA, the pay gap between men and women does not improve. Women still earn... Read more »

Last Updated Jan 16, 2019 by

MBA News You Need: HBS Talks Brexit, Stanford Researches Poverty, IU Kelley Announces LGBTQ+ Scholarship, and More

Each week we collect all the MBA news you need that’s fit to print and provide a quick overview of the latest trending topics from top business schools around the world. Here’s your quick MBA News You Need digest for the week of January 15, 2019. HBS Professor on Surviving Brexit With Brexit in limbo, Harvard Business School professor Michael E. Porter offered some insights into what the United Kingdom (UK) can do to survive and remain competitive if some version of the referendum passes. Some proponents argue that leaving the European Union (EU) will help Britain with better trade... Read more »

Last Updated Jan 11, 2019 by

New Insights from Kellogg Study Reveal Common Entrepreneurial Traits

When most people think of the “ideal” entrepreneur, they picture someone like Mark Zuckerberg, an individual who is young, ambitious, and nonconformist. They imagine someone who is eager to change the status quo. We tend to mythologize these young disrupters as the consummate startup founder with these common entrepreneurial traits. However, a recent research study from Northwestern / Kellogg has revealed that’s not the case at all. The reality is that most successful entrepreneurs are actually middle-aged, have extensive experience in their industry or sector, and their serious innovation arises from the result of their deep experience. Entrepreneurs Are Knowledgeable... Read more »

Last Updated Jan 10, 2019 by

IMD Professor Talks 5 Ways Organizations Fail Digital Transformation

Only five percent of digital transformations achieve or exceed expectations, according to Bain research. This is a massive problem after years of work. So the question is, “What are organizations doing wrong?” To get to the bottom of the answer, IMD professor Michael R. Wade and The Global Center for Digital Business Transformation, an IMD and Cisco Initiative delved deep to determine the five fundamental factors that cause organizations to fail. Here’s what he found. 1. Organizations Focus on Disrupters Instead of Disruption Too often, industries get bogged down in getting rid of the disrupters instead of focusing on the... Read more »

Last Updated Jan 9, 2019 by

MBA News You Need: Harvard Talks AI, London Business School and MIT Sloan Look Toward 2019, Kellogg Professor Gives Retreat Insights, and More

Each week we collect all the MBA news you need that’s fit to print and provide a quick overview of the latest trending topics from top business schools around the world. Here’s your quick MBA News You Need digest for the week of January 7, 2019 Harvard Professor Questions Our Need for an Artificial Intelligence Czar It’s no secret that artificial intelligence (AI) grew by leaps and bounds last year. But for all the progress that continues to be made in AI, it’s abundantly clear that governments aren’t prepared to deal with the ethical or regulatory issues that surround it.... Read more »

Last Updated Jan 3, 2019 by

MIT Sloan Experts Talk Business in 2019

What can you expect from the business world in 2019? Professors and lecturers from MIT / Sloan discuss seven businesses to keep an eye on in the New Year. Here’s what they had to say. Digital Transformation’s Impact on Human Capital Senior lecturer Sharmila Chatterjee stated that she would be keeping an eye on the “continuing digital transformation of business and its impact on human capital.” She went on to talk about how with the help of technology, low-value-add activities can be streamlined, but human employees are still critical. “One of the biggest mistakes will be cutting human interface too... Read more »

Last Updated Jan 2, 2019 by

Columbia Business School Professor Provides Insight Into Keeping Your New Year’s Resolutions

Every year, half of all Americans make New Year’s resolutions. Unfortunately, according to the latest Marist Poll, one-third will fail. So, how do you make sure you succeed? Columbia Business School professor of business Gita Johar has advice for holding fast to your goals. Her trick: “Make it painful to break your resolution.” How to Make Breaking a New Year’s Resolution Painful The idea is to impose penalties on yourself for failing to keep your resolution. This can make it far more likely that you’ll follow through. By associating a negative outcome with failure, you’ll resist temptations to quit. “Self-punishment... Read more »

Last Updated Dec 31, 2018 by

The Value of an MBA Even with the Rise of the Specialized Master’s

Sponsored Content In recent years, there’s been a media frenzy about the decline of MBA applications. The Wall Street Journal wrote about American business schools struggling to lure young professionals, while Fortune wrote about MBA applications declining even at the most elite institutions. The consensus is that MBA applications are trending down (Financial Times) while specialized masters programs are growing more popular. So, the question is, “Is an MBA still worth it or is an MBA just an outdated degree that’s losing its luster in favor of other options?” At Georgetown University’s McDonough School of Business, both the MBA and... Read more »

Last Updated Dec 24, 2018 by

Harvard Business School Explains the Need to Nurture Free Trade

While global free trade is clearly a good idea and necessary to our ultimate success, it’s important to remember that it’s not the natural order of things. It needs to be nurtured, tended, and maintained over time to survive. To get a better idea of what this looks like, Harvard Business School associate professor Sophus Reinert and professor of management practice Dante Roscini discuss the history of free trade and what we can learn from the lessons of the past. Globalization Isn’t Automatic While many people believe that globalization is inevitable as our world becomes more interconnected, that’s not actually... Read more »