MBA News
A collection of news items from MBA programs and about the business school admissions process.
Published: August 19, 2024
MBA Famous Alumni: Finance & Philanthropy
Famous MBA Alumni in Finance And Philanthropy Our series on famous MBA alumni has uncovered the stories of tech giants and retail innovators, leading us through fast tracks to fame as well as quirky success stories. To wrap it all up, we’ll be looking at two of the largest names of them all. The heads of JP Morgan and the Gates Foundation – two very famous organizations, with worldwide impact and influence, and with potentially very different outlooks. Two organizations where, once again, the professional journeys of
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Published: August 15, 2024
Famous MBA Alumni: Automotive & Energy
Below in our series about famous MBA alumni, we meet leaders in the automotive and energy industries. You can learn about other famous alumni from tech & media and healthcare & retail in our other installments. Our series on famous MBA alumni has plucked diverse and impressive names from across the world of business and traced their successes all the way back to their MBAs. In this article, we’ll be looking at some of the top names in the automotive and energy industries, detailing the educational histories of people wielding
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Published: August 14, 2024
MBA Degrees & Majors with a STEM Designation
The past few years have seen a surge in business schools that run MBA programs with a STEM designation. MBAs, that is, that are now classified as a science, technology, engineering or mathematics degree. The new STEM MBA designation is promising students a multitude of new opportunities – but what is it, really? Read on to find out what a STEM MBA is, which schools offer it, and what this all might mean for you. What Is a STEM MBA? The structure of a STEM MBA is relatively simple. The foundational knowledge and core concepts of
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Published: August 7, 2024
UCLA Anderson MBA Class of 2026 Profile: Higher GMAT Scores & Women Representation
See the UCLA Anderson MBA Class of 2027 profile here. The UCLA Anderson School of Management has released its class profile for their incoming MBA Class of 2026. This year, UCLA Anderson has assembled a high-performing class of 305 out of the 3,079 applications received, a significant increase over last year’s 2,180 applicants. Academic and Professional History The class’s mean undergraduate GPA is 3.5, in the same middle-80 percent range as last year (3.1 – 3.8).
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Professor Jennifer Chatman Appointed Interim Dean of Berkeley Haas
Professor Jennifer Chatman, Interim Dean at Berkeley Haas UC Berkeley Chancellor Rich Lyons and Executive Vice Chancellor and Provost Ben Hermalin announced that Professor Jennifer Chatman, renowned for her pioneering research in organizational culture, has been appointed interim dean of Berkeley Haas. Chatman’s appointment will take effect on August 1, 2024, following Dean Ann Harrison’s decision to step down at the end of July after a successful five-year term. Harrison will continue as a half-time faculty member at Haas, focusing on teaching and research. Harrison expressed strong support for Chatman’s new role, highlighting her
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The HBS MBA Earns STEM Designation
Harvard Business School (HBS) announced that their MBA now qualifies as a science, technology, engineering, and mathematics (STEM) degree. Due to this designation, starting with the Class of 2025, international students on an F-1 visa now qualify for a 24-month extension, allowing up to three years of eligibility to work in the U.S. after graduating. If You Build It… “What the world’s businesses need from their leaders evolves,” said Matt Weinzierl, Joseph and Jacqueline Elbling Professor of Business Administration and senior associate dean and chair of the MBA Program, in the
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How Top Business Schools Are Going AI
“We are once again answering society’s call,” said Nancy Rothbard, Deputy Dean of the University of Pennsylvania’s Wharton School in an announcement last month, “to address the needs of tomorrow.” The “need” of which she speaks is the ever present question of AI; the “tomorrow,” a futuristic concept turned fast-approaching reality; and the “answer,” the school’s new collaboration with OpenAI. The collaboration is the latest in a steady stream of business schools going AI. The move is no surprise – the statistics
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The Consortium Expands to 25 Member Schools
The Consortium for Graduate Study in Management, a national nonprofit organization dedicated to promoting diversity, equity, and inclusion in graduate business education and American business, recently expanded to 25 member schools. The Consortium partners with top-ranked MBA programs across the U.S. to increase the representation of underrepresented minorities in business education and corporate leadership. Following the addition of Duke Fuqua earlier this year, Chicago Booth was subsequently selected to become its 25th member school. A Long History at Fuqua In its announcement of the nomination of Duke Fuqua,
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NYU Stern Announces Updates to Specialized MBA
NYU Stern’s one-year MBA in luxury is changing: after a five-year stint as the ‘Fashion and Luxury’ MBA, it has been refreshed and given the new name of NYU Stern Luxury & Retail MBA. Stern is rolling out updates for the one-year program – promising to put its wildly-popular experiential learning firmly at the front and center, to rebrand in order to better reflect program content, and to imbue its curriculum with ever more industry contact. What Prompted These Changes? The industries with which
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Coming to Grips with the New GMAT Scores
In late 2023, the GMAT got an overhaul. It got an overhaul that changed it completely – scrapping a section, ramping up flexibility and cutting completion times by nearly an hour. Along with the altered format and edited content came a new scoring system, meaning that both the number of marks available and the number of marks scored on the exam shifted. What does this mean for you as an applicant? Well, anyone taking the GMAT is likely to be comparing their own performance with the average GMAT scores that students in
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UCLA Anderson MBA Class of 2023 Employment Report: Rising Salaries in California and Across the U.S.
The UCLA Anderson Class of 2023 MBA employment report is out, and the cohort made some significant gains in the job market. Out of 365 graduates, 312 (or 85.5 percent) sought employment. Roughly 75 percent of those seeking employment received job offers by graduation, and nearly 87 percent received an offer by three months of graduation. Job acceptances reached 85.6 percent by three months after graduation. Out of the 11 percent reporting not seeking employment, 4.4 percent were starting their own businesses.
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Duke Fuqua Students Win $22k Prize in US Department of Energy Competition
Duke Fuqua’s student team, OptiGen, took home a $22,000 award from the EnergyTech University Prize (EnergyTech UP) 2024’s National Pitch Event in April. “The EnergyTech University Prize provides a unique opportunity for students to think creatively and deeply about how to translate cutting-edge energy technologies into successful businesses,” says Professor David Brown of Duke Fuqua. “We must have this kind of entrepreneurship in spades to solve the climate crisis: climate tech innovations can only make their needed impact if supported by sound business models.” Announced by
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Published: April 14, 2024
Stanford GSB Announces New Assistant Dean of Admissions & Financial Aid
Stanford GSB officially appointed Erin Nixon, who earned both her undergraduate degree and MBA from Stanford, to the role of Assistant Dean of Admissions & Financial Aid. Jamie Schein has been holding the position on an interim bases since Kirsten Moss left at the end of 2022. Nixon begins her term on July 1, 2024. Erin Nixon, Assistant Dean of Admissions & Financial Aid, Stanford GSB Nixon brings a wealth of experience with her to the role, which she says is “about identifying and connecting with smart, highly
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Published: April 11, 2024
ROI of the Georgetown University MS-ESM Program
Sponsored Content The Georgetown University Master of Science in Environment and Sustainability Management (MS-ESM) is a transformative program that merges scientific expertise with business acumen, empowering individuals to tackle pressing environmental challenges and contribute to a more sustainable future within diverse organizational settings. Developed collaboratively by the Earth Commons Institute, the McDonough School of Business, and the Graduate School of Arts and Sciences, the MS-ESM program recognizes the pivotal roles of both scientific understanding and business principles in advancing sustainability goals worldwide. In this article, we hear from two MS-ESM alumni who are now making waves in
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U.S. News 2024 Best Business Schools: Wharton & Stanford GSB Share Top Spot
The 2024 U.S. News Best Graduate Programs Rankings rolled out and we’re taking a closer look at the Best Business School list. Stanford GSB jumps five spots from last year to join The Wharton School in the top spot. These two replace last year’s #1 school, Chicago Booth, which now ranks third along with Northwestern Kellogg. Clear Admit Co-Founder Graham Richmond notes, “For the second year in a row, the US News ranking methodology favors career outcomes (salaries, rates of employment, recruiter
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Published: March 19, 2024
Esade to Open New Madrid Campus in 2025
Esade, which has three campuses located in Barcelona, Sant Cugat, and Madrid, Spain, now plans to open an additional campus in Madrid in early 2025. The new campus facilities will be located in the northern Mirasierra district, which already includes several educational institutions, improving the area’s status as a hub for research, education, and talent development. Xavier Mendoza, Esade’s director general, stated in the school’s announcement, “This new campus is in response to the increased demand for our Executive Education programs and we will bolster this campus as a meeting point
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Published: March 10, 2024
INSEAD’s Limitless Women’s Campaign 2024: Ambition Has No Gender
To mark International Women’s Day on March 8th, INSEAD’s Limitless 2024 campaign set the spotlight on women determined to advance gender equity and succeed economically, politically, and personally. The annual Limitless campaign shares the stories of women who serve as role models for the next generation. This year’s theme is Ambition Has No Gender. INSEAD stands behind the promise of education to empower individuals, shape lives, and spark change. These extraordinary women embody that promise, positively impacting their communities and the world. Meet the six women
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Emory Goizueta Business School Announces Winners of 2024 John R. Lewis Racial Justice Case Competition
The winners of Emory University’s Goizueta Business School’s fourth annual John R. Lewis Racial Justice Case Competition, held on February 23, have been announced. The competition gives students from universities nationwide the opportunity to present innovative and, most importantly, actionable ideas to companies about addressing racial injustice in their organizations and industries. Lynne Segall, associate dean for management practice initiatives and the competition’s faculty advisor noted, “The conversation around racial justice has shifted significantly since 2020 and yet the structural issues persist, making the John R. Lewis Racial Justice Case Competition
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Published: February 28, 2024
Annual ClimateCAP MBA Summit Convenes at Michigan Ross
Michigan Ross hosted the fourth annual ClimateCAP: The Global MBA Summit on Climate, Capital, & Business, bringing together MBA students, business school professors, and leading climate and business experts from around the world to discuss the business implications of climate change. This year’s conference, which took place February 9th and 10th, had sold out in three hours. From the Center for Energy, Development and the Global Environment (EDGE) at Duke Fuqua, Jessica Wingert, Associate Director and Program Lead of the ClimateCAP Initiative remarks, “ClimateCAP is grateful to the student and faculty planning team from both Michigan Ross and Erb
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Published: February 15, 2024
LBS MBA Employment Report: Consulting is Top Choice for Class of 2023
The 2023 MBA Employment Report from London Business School (LBS) demonstrates that demand for LBS graduates remains strong. “The last year has been particularly challenging with many employers reducing their need for talent or withdrawing from the market altogether,” wrote Christian Dummett, the executive director of the LBS Career Centre, in the school’s report. “Nevertheless, demand for LBS talent continues to transcend borders, sectors and markets. Our 2023 class – made up of 65 nationalities – secured roles in 30 locations around the world, with more than half (55%) of the class choosing to start their post-programme careers
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Published: February 12, 2024
Columbia Releases MBA Employment Report for the Class of 2023
The Columbia Business School has released their employment report for the MBA Class of 2023. The total MBA Class of 2023 numbers 829 students, with 614 having started in August of 2021 and 215 having started in January of 2022. 125 students returned to a sponsoring employer while 23 started their own business. Another three graduates joined their family business. Three months after graduation, 84 percent of the 678 Columbia MBA students seeking employment reported receiving a job offer and 81 percent accepted a job offer. CBS adds that, by the end of 2023,
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Published: February 12, 2024
The Financial Times 2024 Global MBA Ranking: Wharton Returns & Lands at the Top
The Financial Times (FT) released its rankings of the 100 best Global MBA programs for 2024. The Wharton School, which failed to make an appearance in the ranking last year, takes the top spot. Top Ten Overall Here are the top 10 MBA programs of The Financial Times 2024 Global MBA rankings (2023 positions are in parentheses): Ranking School 1 The Wharton School (na) 2 INSEAD (2) 3 (tie) Columbia Business School (1) 3 (tie) SDA Bocconi (6) 5 Iese Business School (3) 6 (tie) Northwestern University Kellogg (9) 6 (tie)
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Published: February 6, 2024
U.S. News 2024 Online MBA Rankings: Indiana University–Bloomington Takes the Top Spot
U.S. News & World Report has released its 2024 Best Online Programs rankings, including online MBA programs. Emerging from a tie for first place last year, Indiana University’s Kelley Direct Online MBA program now stands alone as the #1 online MBA in this year’s ranking. Carnegie Mellon University’s Tepper Online Hybrid MBA program jumped from fifth to second. There is a three-way tie for third among UNC Kenan-Flagler MBA@UNC Online MBA program, USC Marshall Online MBA program and the University of Washington Foster Hybrid MBA program.
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Published: February 1, 2024
LBS Announces New Dean & New One-Year MBA Program
Sergei Guriev Sergei Guriev, currently the Provost and Professor of Economics at L’Institut d’études politiques de Paris, has been selected as the next Dean of London Business School (LBS). He will assume the role at the beginning of the 2024/25 academic year and will also join the LBS faculty as a Professor of Economics. Professor Guriev has a diverse background, previously heading the New Economics School in Moscow and serving as the chief economist at the European Bank of Reconstruction and Development. He is known for his academic excellence and contributions to economics and politics, with research spanning the
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Published: January 28, 2024
HBS Announces Timing of Interview Invitations for Round 2
If you applied to Harvard Business School in Round 2, get ready for some big application news from the school on Wednesday, January 31st at noon ET. In a post to the Direct from the Director’s blog, the school shared the following details: “Next week, on Wednesday, January 31 at 12:00pm (noon) Eastern Time, everyone who applied in Round 2—or received a “Further Consideration” decision in Round 1—will receive an update via the Application Status page. “There are two possibilities: “Invite to Interview – Congratulations, you are moving forward
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