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Matthew Korman

Last Updated Mar 22, 2017 by

Darden Reveals New Dual Degree With UVA Data Science Institute

As business and data grow ever more inextricably linked, the University of Virginia has announced a new dual-degree offering from the Darden School of Business and the UVA Data Science Institute. The new MBA/Master of Science in Data Science (MBA/MSDS) will begin with a limited base cohort this summer, with the full program slated for launch in 2018. “This new dual degree represents an incredibly exciting development for the Darden School and prospective students,” Darden Professor Raj Venkatesan, faculty lead for the dual degree, said in a statement. “There is a clear demand from students for this kind of analytics-driven curriculum... Read more »

Last Updated Mar 21, 2017 by

Collaboration—and Improv—Help Fuqua Team Win Energy Case Contest

Collaboration, as many MBA students quickly learn, is key in a business environment. For four Duke University Fuqua School of Business students, that collaborative effort fostered an important victory on the road to a potentially fruitful career. Paige Swofford, Liz Arnason and Mike DeNoia, Masters of Environmental Management (MEM) and MBA dual majors, alongside Daytime MBA student Yochai Ben Haim—all first-years at Fuqua—nabbed first place at last month’s Challenges in Energy Case Competition held at the UCLA Anderson School of Management. Teamwork was essential to their victory, but their collaborative bond had formed long before the group entered the competition.... Read more »

Last Updated Mar 13, 2017 by

Diversity, Equity and Inclusion at the Stephen M. Ross School of Business

At the University of Michigan’s Stephen M. Ross School of Business, campus diversity is more than a goal: It’s an expectation. The Ross full-time MBA class of 2018 comprises 40 percent female students, 31 percent international students from 41 countries and 24 percent ethnic minority students. This sort of class composition is the norm at many leading business schools, but a diverse student body is just the first step in creating an inclusive campus environment. In late February, Ross held its second annual Diversity Week. Around 800 students, faculty and staff participated in the effort, which was organized by the Student... Read more »

Last Updated Mar 7, 2017 by

Which Business Schools Produced the Most Unicorn Founders

Billion-dollar startups, affectionately coined “unicorns,” have become a benchmark that business schools around the world use to boast overall success. But which business schools actually produce the most successful startup founders? Earlier this year, U.K. software research firm Sage compiled data on billion-dollar startups, which also included the schools from which company founders graduated. The research, unsurprisingly, found two business schools standing taller than the rest of the competition: Harvard Business School (HBS) and Stanford University Graduate School of Business. HBS alumni produced 23 of these unicorn startups, as reported by Fortune. These companies include Blue Apron, one of the world’s most popular food subscription... Read more »

Last Updated Feb 16, 2017 by

Are LBS MBA Grads Falling Out of Love With Finance?

London Business School (LBS) MBA graduates are seeing higher salaries and increased hiring rates, but their love of the finance industry seems to be waning. According to the 2016 London Business School employment report, MBA grads are heading into the financial sector at the lowest rate in five years. Now, to be fair, one in every four LBS grads (25 percent) stills takes a job in finance, but that’s well behind the 35 percent of graduates who enter consulting. The technology industry hired the third-most LBS 2016 graduates at 21 percent—matching the the previous year. via London Business School Employment Report 2016 Goldman... Read more »

Last Updated Jan 25, 2017 by

HBS Round 2 Interviews Are Almost Here

As 12 p.m. Eastern time steadily approaches, the waning moments of anxiety and anticipation for Round Two interview invites to Harvard Business School are reaching a boiling point. Earlier this week, HBS Managing Director of Admissions and Financial Aid Chad Losee sent out a reminder to all applicants over at the HBS ‘Direct from the Director‘ blog. While nerves may certainly be on high for a host of applicants, Losee reminds everyone not to worry too much if you don’t receive an invite just yet. “Remember,” he writes, “this is only a portion of the interview invites; the second (and... Read more »

Last Updated Jan 11, 2017 by

Fuqua Professor Campbell Harvey on the “January Barometer” Myth

More than 40 years since its incarnation, the so-called “January Barometer”—a theory that the direction stocks take in January predicts how their entire year will play out—is still going strong in some camps. But it’s not without its vocal detractors. In a recent Wall Street Journal article entitled “Sorry, the ‘January Barometer’ Is a Market Myth,” Fuqua School of Business Finance Professor Cambell Harvey weighs in—in opposition. Citing the Stock Trader’s Almanac, the Journal article credits the January Barometer, also sometimes called the January Indicator, as being devised by market guru Yale Hirsch in 1972. And its proponents, including Hirsch’s son, Jeffrey, who serves as editor of... Read more »

Last Updated Jan 4, 2017 by

A Look Inside Tuck’s 2016 MBA Employment Statistics

Shortly after ascending to the top five in Bloomberg BusinessWeek’s latest annual ranking of best U.S. business schools, Dartmouth’s Tuck School of Business released its 2016 employment statistics. Contributing to its strong showing in the Bloomberg BW ranking was the annual salary reported by Tuck grads. According to the latest employment stats released by the school, graduates of the Class of 2016 pulled down an average annual starting salary of $123,934. More than a third of the class—36 percent—headed into the consulting industry, up slightly from 34 percent last year. Among those, the average starting salary was higher still, at... Read more »

Last Updated Dec 21, 2016 by

UVA, Darden and Dominion Virginia Power Announce Solar Partnership

In an ongoing attempt to slash carbon emissions, the University of Virginia and its Darden School of Business have announced a 25-year solar power partnership deal with Dominion Virginia Power. As part of the agreement—called the UVA Hollyfield Solar Project—UVA and Darden will purchase all of the electricity produced over the next 25 years at a new, 160-acre solar facility in King William County. The facility—which will be constructed, operated and owned by Dominion—is expected to produce roughly 17 megawatts of alternating current, equivalent to about 12 percent of the schools’ electric demand. Darden will assume responsibility for about a... Read more »

Last Updated Dec 16, 2016 by

Vanderbilt’s Owen School Launches New Corporate Partnership Program

Vanderbilt’s Owen Graduate School of Management has unveiled a brand new corporate partnership program designed to help MBA students deepen ties with potential employers, the school announced at recent advisory board meeting. So far, 16 companies have agreed to join the invitation-only program. The initiative is expected to expand partner company participation in residency programs, case competitions, research, speaking events and executive education. “We are proud to have built enduring relationships with some of the top employers around the world,” Owen Dean Eric Johnson said in a statement. “The impetus for creating the corporate partnership program stemmed from our desire... Read more »

Last Updated Dec 15, 2016 by

McCombs Earns Top Honors at UNC Kenan-Flagler’s 12th Annual Alpha Challenge

For MBA students looking to head into investment management, pitching stocks is one of the top skills they’ll be looking to strengthen while in business school. The 12th Annual Alpha Challenge, hosted last month at the University of North Carolina’s Kenan-Flagler Business School, gives participating students hands-on opportunity to do precisely that. MBA students at the University of Texas’s McCombs School of Business took home first place at this year’s event—which took place November 17th and 18th—but students from more than a dozen participating schools honed their skills, made valuable connections and, in many cases, even interviewed with potential recruiting firms. Chip Snively,... Read more »

Last Updated Dec 15, 2016 by

A Deeper Look at the 2016 Michigan Ross Employment Report

The University of Michigan’s Ross School of Business earlier this month released its 2016 MBA Employment Report, and the results are nothing short of stellar. A staggering 98.4 percent of MBA grads earned a job three months after graduating, according to the report, representing a slight uptick from the previous year’s 97.4 percent. For comparison, Stanford Graduate School of Business (GSB) reports that 90 percent of its 2016 grads had a job 90 days out from graduation, down from 92 percent the year before. Ross grads with jobs waiting for them the day they graduated also inched upward this year... Read more »

Last Updated Dec 12, 2016 by

Sitting Down With “Superbosses” Author, Tuck Professor Sydney Finkelstein

Bosses who are older or more experienced aren’t necessarily better, according to Sydney Finkelstein, author, management professor and faculty director at the Tuck School of Business at Dartmouth. And he should know. His latest book, Superbosses: How Exceptional Leaders Master the Flow of Talent, takes a painstakingly deep look into the the characteristics of exceptional leaders, and he shared some of his key findings in a recent interview with Clear Admit.  Tuck Professor Sydney Finkelstein “I feel like the single most important thing is the mindset,” he says, casting off the idea that any specific degree of experience matters more. “You can... Read more »

Last Updated Dec 8, 2016 by

A Look at Mark Taylor, Olin School of Business’s New Dean

Newly appointed Dean Mark Taylor of Washington University’s Olin School of Business in St. Louis wasn’t sure at the start of his career if academics was the path for him.  “I didn’t know whether I wanted to be an academic and change the world in terms of producing research that was impactful, or whether I wanted to work in the finance industry,” he said as part of an article on the Olin website. “I was in such a hurry, I actually ended up doing both at the same time.” Olin School of Business Mark Taylor After earning his undergraduate degree from... Read more »

Last Updated Dec 6, 2016 by

The Surprising Science Behind Why We Give Bad Gifts

It’s hard to imagine what it might feel like to wake up on Christmas morning and see a brand new Lexus or Audi parked in the driveway, tied up in a giant red bow. Screaming, of course, would be a natural reaction. But the closest most of us ever come to this scenario is watching it unfold in television commercials. Those commercials capture the emotional moment when someone gives someone else a gift—in this case, a huge one. But the motivations of the gift giver and recipient aren’t always aligned—a disconnect that can often lead to some pretty bad presents.... Read more »

Last Updated Dec 1, 2016 by

More Business Schools Accept GRE in Bid to Draw Non-Traditional Students, Kaplan Survey Shows

Despite emerging in the late 1940s, the Graduate Record Exam—more affectionately known as the GRE—took time to be seen as a viable MBA admissions exam alternative to the more standardized GMAT. But growing numbers of business schools accepting the optional test has eased the way for more non-traditional MBA students to apply by simply taking the same test they might use to apply for any number of other master’s degree programs. Just seven years ago, test preparation education company Kaplan Inc. found that only 24 percent of business schools accepted the GRE instead of the GMAT. Today, that figure has soared... Read more »

Last Updated Nov 30, 2016 by

Sydney Finkelstein’s “Superbosses” Named Among Amazon’s Best of 2016

Twenty books into Sydney Finkelstein’s career, to call him an expert in leadership is something of an understatement. Finkelstein, management professor and faculty director at the Tuck School of Business at Dartmouth, has earned wide acclaim for his most recently published book, Superbosses: How Exceptional Leaders Master the Flow of Talent, which Amazon named one of the 20 best business and leadership books of 2016. The news follows Superbosses landing on several other year-end best of lists, including the 10 “Must Read Business Books of 2016” from Inc. Magazine, Forbes’ “16 Must-Read Business Books For 2016” and the Washington Post’s “Nine... Read more »

Last Updated Nov 28, 2016 by

Darden Introduces New Institute for Business in Society Executive Director

After leading research and outreach efforts with the University of Chicago—serving as both the executive director for the Coase-Sandor Institute for Law and Economics and director of research and operations with the Chicago Booth School of Business’ Center for Population Economics—Joseph Burton has joined the University of Virginia’s Darden School of Business as the new executive director of the Institute for Business in Society. Joseph Burton, new executive director for Darden’s Institute for Society in Business “Joey’s experience elevating faculty research and creating programming that reaches outside the institution into the larger business, policy and social spheres is directly relevant... Read more »

Last Updated Oct 27, 2016 by

How This Saïd MBA Grad Is Helping Destroy Tax Jargon

“If you could deduct a dollar for every word of jargon on your tax return, chances are, you would owe a lot less tax.” Those words, published in the New York Times, could realistically have been written in 2016. But this notion of an incredibly common public nuisance was published in 1984. And more than 30 years later, not much has changed. The typical annotation surrounding tax jargon is littered with brash profanities, and for good reason: filing taxes can be nauseatingly frustrating, and the endless wordiness that comes with it only makes it worse. Luckily, that mired pessimism is pretty... Read more »

Last Updated Oct 26, 2016 by

LBS MBA Student Named Future LGBT Leader by Financial Times

London Business School (LBS) student Dr. Nicholas Deakin, MBA ‘17, was among the honorees named to this year’s Financial Times “2016 OUTstanding LGBT+ Future Leaders” list, coming in at an impressive fifth overall. Deakin has already made a long-standing positive impact in the LGBT community as an acting co-president of the LBS Out In Business Club and volunteer member of the school’s Diversity Role Models program. He was one of three LBS alumni named to the “Future Leaders” list, alongside Samuel Rensing, MBA ‘16, and Emmeline Tang, MBA ‘15. Elliot Vaughn, a 2005 LBS graduate and current partner and managing director... Read more »

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