MBA News Bites

Stacy Blackman’s Weekly Roundup of B-School Intelligence

Working for Uncle Sam suddenly looks really good — The days of wine and roses, and hefty expense accounts, are definitely in the rear view mirror, which leaves a growing number of MBAs looking for the stability of a job within the government, Business Week reports. After all, if the choice is between a lower-paying government gig or nothing, well, that’s a no-brainer.

In praise of the B-level B-school — The financial crisis may have temporarily tarnished the luster of name-brand business schools, but MBAs at lower-tier schools are happy to be far removed from the mess on Wall Street, Forbes reports. Students at less prestigious programs tend to go into regional industries that haven’t been devastated like the financial sector, so the job outlook isn’t nearly as dim.

Schools hope GRE will lure in more diverse applicant pool —  The exclusive reign of the Graduate Management Admission Test has come to an end. Forbes reported this week that more and more business schools have started to accept the Graduate Record Examination as well. The GRE brings in more non-traditional business applicants from the humanities, and schools are finally seeing the value of recruiting creative people.

New dean and educational partnership at Babson ”” Beginning July 1, Raghu Tadepalli will become dean of the F.W. Olin Graduate School of Business at Babson College. Tadepalli recently served as dean of the Graduate School of Business at Xavier University in Cincinnati. In other news, Babson announced that it is the exclusive educational contributor to SmartBrief on Entrepreneurs, a daily news service about and for entrepreneurs, hand-selected and summarized by SmartBrief editors to save readers time.

Fitness…it’s more than sweat and sore muscles — In May, the world’s first executive MBA in commercial fitness launches at American International College in Springfield, Massachusetts. Designed to apply a solid core of business knowledge to the unique demands of doing business in fitness, this specialized degree promises to act as a personal trainer to help students flex their knowledge and strengthen their business.

Smith offers new degree during these uncertain times — Students of the Robert H. Smith School of Business can sign on for the master of science in business: finance program, which will help them navigate the realities of today’s economy and greater government involvement in the financial sector. “The global financial crisis has changed the way we think about finance,” says dean G. “Anand” Anandalingam, in a press release. “Now more than ever there is a need for industry professionals with a solid understanding of evolving financial models for banking and debt management, corporate governance and management.”

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