MBA News Bites-Part I

Stacy Blackman’s Weekly Roundup of B-School Intelligence

Inside Higher Ed reports that one of the chief criticisms of competition among business schools is the perception that colleges parrot each others’ programs just for the sake of saying they have them, too. However, with changes afoot at B-schools across the country, the one-upmanship seems to be dying down a bit.

BusinessWeek tested the virtual front doors of the Top 20 full-time MBA programs and found that some websites have lost sight of their essential purpose: educating students about the program in a simple, straightforward way.

Robert L. Joss announced that he will step down as dean of the Stanford Graduate School of Business at the end of the current academic year after serving in this position for 10 years. During Joss’ tenure, the school has developed a new MBA curriculum and launched construction of a new business school campus aimed at supporting a program that will serve students for the 21st century.

The Wall Street fallout is hitting students in Prof. Richard M. Levich’s “Managing Investment Funds” course at NYU Stern, where they are charged with investing nearly $2 million of NYU’s $2.2 billion endowment over the course of the semester, injecting real-world experience ”” and consequences ”” into the classroom.

A team of students from the Ross School’s Tauber Institute for Global Operations created a green business model that could help United Parcel Service (UPS) save more than $7 million in less than six years by utilizing landfill gas as a sustainable energy source.

The USC Marshall School of Business announced the establishment of its Society and Business Lab (SBL), a ground-breaking program designed to encourage corporate engagement and social responsibility while educating students and preparing them for future leadership roles.

Students who sought jobs in the financial sector next year are looking for a Plan B, Financial Times reports. “Students recognize that the ground beneath them has shifted enormously,” says Carl Kester, deputy dean for academic affairs at Harvard Business School. “This is not just about Wall Street. There will be ripple effects in industries not related to financial services. Who knows where it will stop?”

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