MBA News Bites

Stacy Blackman’s Weekly Roundup of B-School Intelligence

Stanford retires Certificate in Global Management —  The latest entry on the Stanford MBA Admission Blog reveals that the GSB has decided to retire the Certificate in Global Management beginning with the MBA Class of 2011. “Even at its inception, our hope was for obsolescence once the MBA curriculum and our students were more global in perspective and experience,” says John Roberts, Faculty Director, Global Management Program.

More Americans going abroad for their MBA — Americans are leaving the United States to study MBA programs at top business schools overseas in greater numbers than ever before, according to Ross Geraghty‘s recent article on the QS website. Why is that? Geraghty says a perceived lack of global awareness and diversity may account for some of the U.S.’ top talent seeking pastures new for their management education.

Bleak job market for India’s MBAs — Students at Indian business schools are having just as hard a time as their American counterparts landing jobs after graduation, and they are facing one of the most painful recruiting seasons in years, BusinessWeek has reported. What a difference a year makes; last spring Indian B-school students had their best recruiting season ever.

The power of the spoken word — This year, UCLA’s Anderson School asked applicants to submit their essays in audio format, the Financial Times reports. The scheme was voluntary, and about 70% of applicants for the class of 2011 chose to record their essays rather than submit them in a text format, says Mae Jennifer Shores, admissions director. “It was a joy for us,” says Shores.

Tuck auction raises funds for students interning at nonprofits — The ninth annual Tuck GIVES auction (Grants to Interns and Volunteers for the Environment and Society) recently raised over $49,000 through a combination of silent and live auctions. The student-run event provides an opportunity for members of the Tuck community to support students who accept nonprofit, service-based summer internships.

Managing to results leads to crisis — In a new London Business School podcast, Zeger Degraeve, Sheikh Mohammed bin Rashid Al Maktoum Professor of Innovation, discusses why the practice of managing to results leads to crisis and how people should be rewarded for the decisions they make, not the results they obtain. Decisions and results are two very different things, he says.

New Middle East partnerships for Duke UniversityDuke University entered into agreements this week with the Centre of Excellence at the Dubai International Finance Centre (DIFC) and the Mohammed Bin Rashid Programme for Leadership Development (MBRPLD) to establish the university as a leading presence in the delivery of business and policy education programs in Dubai.  Fuqua’s global programs including The Duke MBA ”“ Cross Continent, The Duke MBA ”“ Global Executive, the Advanced Management Program, and the Global Leadership Program will run at the DIFC Centre of Excellence.

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