MBA News Bites

Stacy Blackman’s Weekly Roundup of B-School Intelligence

MIT Sloan Management Review has announced the launch of its new website, The new site represents a dramatic change from MIT SMR’s previous online persona. A much sharper focus will be on managing for continuous innovation, the concern most often driving the creation of new organizational models, new competitive strategies, new work processes, and new leadership methods — new ways to get new things done.

Similar to Harvard Business School‘s groundbreaking deferred MBA admission program, HBS 2+2, IESE Business School has launched a new initiative that gives talented young university students a head start on their careers. The Young Talent Program (YTP) allows students to enjoy pre-admission to IESE’s highly-ranked MBA program, along with a promising future with a leading firm.

Columbia Business School is launching efforts to support female entrepreneurs and strengthen business education in Africa through the Goldman Sachs 10,000 Women initiative. The school’s participation will focus on building capacity at two African partner schools, the United States International University in Nairobi, Kenya and the University of Dar es Salaam in Dar es Salaam, Tanzania.

The wider business world may see MBA students and graduates as steely eyed followers of a focused career path, but recent trends across European schools to offer more personal development alongside the acquisition of knowledge and “hard” skills have exposed an appetite for introspection. Financial Times reports on an exotic array of offerings that has sprung up to satisfy this need, ranging from esoteric spiritual retreats to full-blown psychotherapy.

QS Top MBA offers some thoughts this week on the so-called Obama effect and what impact the U.S. election will have have on the MBA world. Spokespersons from top programs offer their take on how factors such as the crippled economy, immigration and the student visa crunch will play out once president-elect Obama is in the White House.

Despite a downturn in the high-end consumer market, applications for luxury-management MBA programs remain strong, BusinessWeek reports. In the past decade, more and more schools have started to offer MBA degrees in luxury-brand management. The programs, which give students the chance to specialize in sectors such as fragrance and cosmetics and wine and spirits, have become increasingly popular as top luxury brands have seen double-digit increases in profits in recent years.

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