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Last Updated Mar 18, 2019 by

Rochester Simon School of Business Leads the Way with STEM-Designated MBA Program

As international applications at U.S. MBA schools have dropped, there’s been more demand than ever for science, technology, engineering, and math disciplines in MBA curriculum. Why? The new STEM designation program. Created by the federal government to help with the shortage of qualified workers in the STEM fields, the program makes H1b visas far more attractive. If a student attends a STEM-designated education program and gains a STEM job after graduation, they gain an additional 24 months of optional practical training (OPT) time. This lengthens their stay in the U.S. from one to three years, which is very attractive to... Read more »

Last Updated Mar 14, 2019 by

Will the UK Avoid Chaos After Brexit? Wharton Podcast Discusses

With the Brexit deadline looming on March 29, and chaos after Brexit almost expected, there are a lot of unknowns. But thanks to a possible extension and guarantees from the EU to help British Prime Minister Theresa May push her proposal through Parliament, new possibilities are starting to open up. Still, there is a lot of uncertainty over Brexit that’s impacting the UK on a variety of levels, including business. Business and Brexit University of Pennsylvania professor Brendan O’Leary says that even if the UK economy appears stable and with low unemployment, that’s not the whole story. According to him,... Read more »

Last Updated Mar 14, 2019 by

Can IKEA and the Instant Pot Teach Us About Competition? MIT Sloan Thinks So

People purchase IKEA furniture because it’s easy to put together. They don’t want to have to buy a drill; they want holes and pieces that easily fit together like Legos. In fact, according to Harvard professor Theodore Levitt, when someone buys a drill, what they want is what the drill can do. That’s just one reason why MIT professor Sanjay Sarma believes that IKEA is on the cutting edge of business. While other companies are trying to sell solutions to outdated problems, IKEA has figured out how to solve a core problem. “That’s what I call inversion,” Sarma said. “You’ve... Read more »

Last Updated Mar 13, 2019 by

MBA News You Need: Yale SOM Names New Dean, Harvard Makes Plans to Increase Diversity, IMD Talks Women in Leadership, and More

Each week we collect all the MBA news 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 March 11, 2019. Yale SOM Announces New Dean, Economist Kerwin Charles Economist Kerwin Charles On July 1, Economist Kerwin Charles will become the new dean of the Yale School of Management. Charles is a renowned economist, award-winning educator, and distinguished researcher who was previously Professor and interim Dean at the University of Chicago Harris School of Public Policy. Charles... Read more »

Last Updated Mar 8, 2019 by

Everyone Should Promote Gender Balance According to INSEAD Research

Improving gender balance isn’t just a problem for some businesses or individuals; it’s a problem for everyone. The most progressive companies are taking active steps to find a better balance, which is a very encouraging development. A Multi-Pronged Approach to Gender Balance The important thing to note when it comes to promoting gender balance is that there are no quick fixes. According to the INSEAD Gender Diversity Programme, it must be addressed on multiple fronts. Organizations don’t exist in a vacuum, so they have to not only deal with internal culture but societal inequalities, which can reinforce or exacerbate their... Read more »

Last Updated Mar 7, 2019 by

U.S. and China Trade Agreement: Wharton Podcast Talks About What’s Going On

The U.S. and China trade war has been a concern for a while. It’s been costing the economy and businesses millions in imports and exports. When, in February, the U.S. decided to postpone plans to implement a stiff import tariff indefinitely, many people thought a resolution was on the horizon. Unfortunately, trade negotiations between the two countries go beyond tariffs. Other sticking points include U.S. concerns over the protection of intellectual property rights and cultural disconnect between the rights of businesses in both countries. According to experts at the Wharton School and Fordham University, there’s a long way to go... Read more »

Last Updated Mar 6, 2019 by

MBA News You Need: HEC Paris on Inclusivity, HBS on Management, IMD on Luxury Businesses, and More.

Each week we collect all the MBA news 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 March 4, 2019. HEC Paris Professor Says Inclusiveness Can Close the Inequality Gap 70 percent of the wealth in China, Europe, and the U.S. is owned by just 10 percent of the population, according to the World Inequality Lab. Worse yet, 50 percent of the population owns less than 2 percent of the wealth. Professor Bénédicte Faivre-Tavignot, Executive Director... Read more »

Last Updated Mar 4, 2019 by

Top Deferred Enrollment MBA Programs Geared Toward Younger Candidates

Most of the time, full-time MBA programs require work experience to apply and, overall, class averages of professional experience land close to five years. Rarely are programs open to younger candidates who are still pursuing their undergraduate degrees. However, that all changes when it comes to deferred enrollment programs. These programs guarantee senior undergraduate students a spot at some of the top MBA programs in the world, two to five years after they graduate. This means that you graduate with a plan for the future and the time to figure out the details. Recently, MIT / Sloan announced their new deferred... Read more »

Last Updated Mar 1, 2019 by

London Business School on Gaining and Using Power

Power shapes every interaction. Powerful people get their way often, we’re generally nicer to them, and we listen to them. So how do you get power and use it? Power is a zero-sum game and complicated to discuss. However, for London Business School Associate Professor Ena Inesi, that’s what makes it so appealing to study. Power is Situationally Dependent Power is “the privileged access to a resource that other people want and have less access to.” This could equate power to money, respect, or contact with important individuals. The reality is that power can be different between people and situations.... Read more »

Last Updated Feb 28, 2019 by

And the Award Goes to…Wharton Talks About the Financial Benefit of Winning an Oscar

Nearly 30 million people tuned into the 91st Academy Awards ceremony this past Sunday, rooting for Roma, listening for Lady Gaga, or just joyfully discovering Olivia Colman. Fanfare and speeches aside, there’s no doubt that winning an Academy Award is a great honor. Whether it’s a film, actor, director, or those working behind the camera, an Oscar is validation for a lot of hard work. But what is the actual benefit of winning an Oscar beyond a gold statue? Is there any financial award? That’s what a recent [email protected] podcast set out to discover. The podcast, which interviewed Wharton’s Jehoshua... Read more »

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