MBA News Bites
Stacy Blackman’s Weekly Roundup of B-School Intelligence
The Graduate Management Admissions Council reports a 56% surge in applications to part-time MBA programs from 2006 to 2007. Whether returning to school to move up at work or to make a career change, being a working student can be intense. The Wall Street Journal offers some ways to smooth the transition.
The Stanford School of Business’s graduating MBA Class of 2008 left One Million Dreams, the name adopted as they set out to raise one million dollars as a class gift to the School. Their record-breaking $1.2 million gift exceeds previous records both in the percentage of participation by the class and dollar amount pledged and raised.
HEC School of Management in Paris is to establish a “Real Estate Chair” to promote business education in the fields of real estate economics, finance and management.The chair has been formed in partnership with Morgan Stanley Real Estate, Unibail-Rodamco, the commercial property investor and the HEC Foundation, a body of more than 45 international companies that supports the school’s ambitions.
The Aspen Institute, whose work on corporate responsibility and environmental issues on MBA programs is arguably the gold standard on the subject, is publishing its first guidebook for prospective students. The Aspen Institute Guide to Socially Responsible MBA Programs 2008-2009, published on Wednesday, will primarily be distributed as an electronic download, though print editions will be available through Amazon.com.
A group of 15 students enrolled in the Whitman School of Management’s iMBA program have just spent five days soaking up information about financial markets, global management, foreign exchanges, and economics in London. Associate Dean for MBA & MS programs, Maurice Harris, says “These international residencies, undertaken several times a year by the iMBA program, embody Whitman’s commitment to giving our students first-hand global experiences to enhance their understanding of today’s rapidly expanding business world.”
The Wharton School of the University of Pennsylvania announced that its award-winning business analysis journal, Knowledge@Wharton, has published “A Knowledge@Wharton Special Report: Inside the Subprime Crisis,” a deeply layered analysis of one of the most devastating economic challenges to face the US economy in years.
Economist.com wonders whether executive-education programs are finding that China is not the land of milk and honey after all. Recently several schools, including the University of Maryland’s Smith School of Business and China Europe International Business School (CEIBS), have been reported to be scaling back, in both cases, curtailing their Beijing operations while continuing in Shanghai.