MBA News Bites-Part I

Stacy Blackman’s Weekly Roundup of B-School Intelligence

According to a new report from the Graduate Management Admission Council®(GMAC®), 77 percent of full-time MBA programs report an increase in applicant volume. “Going to business school is one of the best ways to improve your marketability and expand your options anytime””but especially in this challenging economic climate,” says Dave Wilson, president and CEO of GMAC.

QS Top MBA reports that, for the first time in history, Continental European business schools are reporting higher average salaries than their US or UK counterparts, although US schools still top the bonus league.

Bank of America has announced a collaboration with the MIT Sloan School of Management’s Laboratory for Financial Engineering (LFE) that will utilize cutting- edge financial analysis to drive innovation in financial services.

Amsterdam Institute of Finance and New York University Stern School of Business are partnering to launch an innovative global degree program, the Executive Master of Science in Risk Management. This alliance connects two of the world’s financial centers and provides a firm response to the current financial turmoil.

As part of the Ross Leadership Initiative, representatives from the comedy troupe Second City Communications (SCC) helped incoming students kick off the first week of school with an acting workshop designed to teach future management professionals to think on their feet.

And here’s a new title for your bookshelf: Tim Flood’s “MBA Fundamentals: Business Writing,” recently published by Kaplan Press and one of the first in a series of Kaplan books on MBA fundamentals. For nearly 20 years, professor Flood has helped BSBA, MBA and EMBA students communicate effectively while adapting to the plethora of electronic communication tools.

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