The message appears to be reaching women across the world, that an MBA and a career in top-flight business management is no longer only the domain of males.Except in India.

Interest in the MBA in India remains very heavily male dominated, with women forming only 17.6% of 526 respondents to the survey, the lowest proportion of all but three (Egypt, Jordan and Pakistan) of the 33 countries on the QS World MBA Tour. This is despite the projections by McKinsey, the international consultants, that India, as well as Brazil, China and Russia, faces a sever shortfall of business leaders to lead the country over the next decade or two.

Ross Geraghty, author of the survey and Managing Editor of TopMBA.com, says: “While interest in MBA programs in India is higher than ever before, it is going against the international trend that fewer Indian women then before are considering applying for business school, especially at a time when they are most needed. I do expect this trend to change over the next five to ten years to fall more in line with international projections, but I don’t think it will reach 40% for many years.”

Worldwide, it is still true that the glass ceiling exists –where women are able to look upwards and see their male counterparts become more and more successful without being able to reach that success themselves. However, QS’ figures point towards a gradual balancing out of the difference between the genders at managerial and boardroom level, and it is here that India will remain far behind until a great deal of work is made to rectify the situation.

This is becoming evident in businesses around the world. In Norway, for instance, 2006 legislation forced the 500 companies listed on the stock exchange there to make the numbers of women on their boards up to 40% within two years. Although seemingly radical, this is in fact an accurate reflection of the interest in business among woman globally.

In terms of salaries, women worldwide still expect to earn less than their male counterparts, even though they currently appear to earn at least the same amount. Around three percent of MBA candidates, both men and women, currently earn over US$100,000. However women’s expectations for future earnings are either lower or more realistic. In the same survey, 38% of men replied that they expect to earn more than US$100,000 per year after graduating from an MBA while only 31% of women felt they could earn the same.

In India the average figure stands at US$35,000 as an average salary for MBA aspirants, with an expectation of earning US$96,000 after graduating. It is this kind of figure that the world’s, and India’s own, business schools are trying to help their candidates achieve. These schools have long admitted the need to attract more female candidates in a bid the shake the MBA stereotype. For women already juggling a family with a career, or those not interested in the traditional route in financial services or consultancy, there has always been a question mark over the need for an MBA qualification and India, it seems now, is still playing catch up in this regard.

Meanwhile, motivations for embarking on an MBA also seem to shifting. While many still wish to follow the tried and test route, 29% of female respondents now say they want to use their qualification to help them set up their own business. This is up from 25% last year.

Ross Geraghty says “The recession has seen a shift in the intentions of MBA aspirants towards entrepreneurialism and self-employment, as careers in consultancy and banking are far harder to achieve then before. This is true across the board, for men and women.”

McKinsey’s projection is that India will have a shortfall of managers over the next decade that could be of significant numbers. It is unlikely, even if all Indian male applicants to business schools were successful, that they alone will be able to fill this need. Geraghty continues: “Business schools worldwide are desperate to increase the diversity of their programs. The deans and admissions officers that attend the QS World MBA Tour are all keen to attract people from as wide a background as possible. What they tell me, on a regular basis, is that they are surprised at how few Indian women are applying to their programs and that applications from talented Indian women would be most welcome.”

It seems that now is the best time after all for Indian women to start taking an MBA education very seriously

ana is a finance student and a moderator for

Unlike the other elements of your MBA application, the GMAT is unique in that it’s 100% under your control: you cannot change the quality of your work experience or your college GPA, but by following the right study plan, you will be able to reach your target GMAT score. For self studiers who have the time, I recommend 2-3 months of prep time.

The following 3-month plan assumes that you can devote about 1.5 to 2 hours per weekday and 5 to 6 hours per day on weekends. As you might have guessed, preparing for the GMAT is quite a time commitment—but your discipline in sticking with this strategy will be rewarded!

First Week – GMAT Research and Study Plan Details

Your shopping list should include:

Kaplan GMAT Premier Live Online for concept review

In the very first week of your prep, you should familiarize yourself with the basics of the test: structure, types of questions, directions, time limits, scoring, etc. All these elements are important in helping you understand the logic behind the GMAT. I advise you to read about the test from the makers of the GMAT directly by going to MBA.com and registering as a member.

When you register, you will also be able to download one of the most important tools for your studies, the free GMATPrep practice test software.  GMATPrep tests are considered the most accurate representations of the actual test on the market, featuring real (but retired) GMAT questions.

The information on MBA.com alone will not be sufficient as a full GMAT introduction.  This website does not explain all the mechanics of the test. To better understand the ins-and-outs of the GMAT, you should consider acquiring the Kaplan GMAT Premier Live Online 2010, a book that provides an extensive analysis of the GMAT’s computer-adaptive test (CAT) format and the subjects tested. This Kaplan book will serve as an excellent introduction to the test.

After getting some basic GMAT orientation, it’s time to assess your starting performance. The best way to do this is to take one full-length practice test from the GMATPrep software you had downloaded from MBA.com. This practice test will yield three scores: your overall score, quantitative score, and verbal score.

Carefully examine your results to understand your strengths and weaknesses with regard to specific GMAT concepts and question types.

Okay, so now you know where you’re starting from; and hopefully you should have a sense of how much you need to improve as well (look up the average GMAT scores of your target MBA programs on the school websites). The next step is to develop a strategy that addresses your weak spots.

Weeks Two to Five – GMAT maths – Math Focus

Your shopping list should include:

Kaplan GMAT Math Workbook for concept review and practice problems

Kaplan GMAT Premier Live Online for concept review and practice problems

Official Guide for GMAT Quantitative Review for practice problems

Official Guide for the GMAT Review, 12th Edition for practice problems

The math tested on the GMAT is fairly basic. You will never see advanced subjects like Calculus tested. However, if you’ve been out of college for a while, you’ll likely discover that your skills are somewhat rusty.

A note to engineers and other math-minded individuals: no matter how mathematically skilled you think you are, do not neglect prepping for the GMAT math section. There are two reasons for this. First, the quantitative portion of the GMAT features a special type of question, Data Sufficiency. It’s unlikely that you’ve seen this format before and getting used to it takes some diligent practice. Second, in general, quant questions on the GMAT have a unique and subtle style. Even if you’re a math whiz, it takes some time to get used to the nuances of GMAT math problems.

I recommend the Kaplan GMAT Math Workbook as an effective reference for first approaching the GMAT math section. This book does a good job in explaining about 90% of the concepts you will need for GMAT math and also features extensive practice, both in drill format and in GMAT-style problem sets. For more practice problems, refer to the Kaplan GMAT Premier Live Online book, the Official Guide for the GMAT Review, 12th Edition, or the Official Guide for GMAT Quantitative Review (this last book contains mainly easy and medium practice problems, but does feature lots of Data Sufficiency questions).

Unfortunately, the 10% of concepts not covered in the Kaplan GMAT Math Workbook are the hardest you will see on the test. While the average test taker will usually see no more than two or three questions with permutations, combinations and statistics (among the hardest math topics tested), this doesn’t mean you should ignore them completely. The bad news is that I have yet to find a decent book that addresses these subjects well. My recommendation is to search for these kinds of difficult practice questions in online communities like Beat The GMAT.

Weeks Six to Ten – GMAT Verbal Section - Verbal Focus

Your shopping list should include:

Manhattan GMAT’s Sentence Correction Guide for concept review

PowerScore’s Critical Reasoning Bible for concept review

Kaplan GMAT Verbal Workbook for concept review

Official Guide for the GMAT Verbal Review for practice problems

Official Guide for the GMAT Review, 12th Edition for practice problems

You should devote the next five weeks of your prep to building your verbal skills. There are two important considerations: First, don’t stop reviewing math. My suggestion is to make a habit of doing just five quant practice problems per day along with your verbal practice.  This will ensure you will not lose the math skills you’ve picked up in your previous weeks of prep.

Second, start your verbal studies by focusing on your weaknesses first and ending with your strengths. Example: let’s say that Sentence Correction (SC) was the biggest hurdle you faced in your first practice test, while Critical Reasoning (CR) was your second most problematic subject, but you consistently perform well with Reading Comprehension (RC). If that’s the case, review SC for the first 2 to 2.5 weeks. Next, move on to CR and work on that for another 2 weeks.

Whenever you move on to subsequent topics of GMAT Verbal, be sure to do a couple problems per day covering the previous verbal areas you’ve reviewed.  Thus in this example, by the time you start tackling RC in the final stages of your verbal prep, you should also be doing a few SC and CR questions per day. Again, as with quant, this strategy ensures that you do not forget what you’ve already learned. Consequently, this review methodology means that you will be devoting more and more time to your prep as you progress week to week!

Weeks Eleven to Thirteen – Practice Tests and Review of Errors

In the last few weeks of your prep you should focus on taking practice tests and getting comfortable with the GMAT’s computer-adaptive format; it takes time to get comfortable taking a test on the computer.

As I mentioned earlier, GMATPrep is the most accurate practice test on the market.  It should be a great indicator of where you stand after your weeks of hard work.  During this period of your studies, take the GMATPrep test #2 and review your results.  Next, for additional practice retake both GMATPrep test #1 and GMATPrep test #2.  By repeating both GMATPrep tests you’ll likely see a handful of questions you’ve seen before from previous tests, but I still think it’s a worthwhile exercise. For additional practice tests, I recommend Manhattan GMAT practice tests. Kaplan tests are also good practice but are often perceived to be a bit on the tough side.

Besides taking practice tests (which you should take on a weekly basis), the time leading up to your exam should be spent reviewing the mistakes that you’ve made up until now. The mistakes you made in the Official Guide for GMAT Review material are particularly important to review (since these are real but retired GMAT questions).  Here are two articles on how you can go about reviewing your mistakes:

Evaluating Your Practice Tests, Part 1 of 2
Evaluating Your Practice Tests, Part 2 of 2

In the very last week, I would review the tips and templates for the essay section of the GMAT, the Analytical Writing Assessment (AWA). The score you receive on this section is reported separately and does not count toward your overall GMAT score. In my experience I’ve found that most test takers can spend about 2-3 days studying AWA to be sufficiently prepared.

Finally, on the eve of your GMAT, try to relax and get a good night’s rest.
Don’t worry, you’re more than ready to beat the GMAT now!
Quick Tips for Your Study

Consider the following when building your GMAT prep strategy.

I’ve rolled up these notes from my studies and from the experiences of the hundreds of test takers I’ve had contact with since the start of my own GMAT journey:

Once you’ve created a study plan, stick to it. You will get results through discipline!

Review all material with a pen and paper in hand. Most strategy guides are packed with information that you should carefully digest, so take notes. You should also consider making some flashcards for important concepts.
You can download an set of free GMAT Flashcards from Beat The GMAT as a model for your own flashcards

Keep an error log. Error logs are great for reviewing your performance and tracking your improvements

Always time your practice. Even if you’re at the early stages of your prep, time yourself. As you progress, try to impose realistic time limits for solving a given question (about 90 seconds per question), it will help you build a solid instinct for pacing

Get a thorough review of GMAT concepts prior to prepping with Official Guide material. The Official Guide for GMAT Review series is extremely valuable since it features real (but retired) test questions.
Be sure you have a basic foundation on the test prior to going through these practice questions

Take practice tests under simulated conditions. If possible, try to take your practice tests at the same hour of the day you would take your actual GMAT.  Also, try to mimic the environment of a testing center.  I personally enjoyed taking practice tests in a lightly trafficked area of a library to get used to the ambient noise

If you get a question wrong, make sure you review it properly. You must understand why the correct answer choice is right and why all the rest are wrong. This exercise will help you avoid future mistakes!

If you were unsure about a question but guessed correctly, review it as if you got it wrong. Maybe you got lucky this time around, but you may not be so lucky on test day

Know when to guess and move along. You must answer all questions on the GMAT.  You will be heavily penalized for not answering a question, so pace yourself well

In the last few days before the GMAT, ramp down your prep. Your body needs lots of rest for this 3+ hour test.  Eat well and get some sleep

www.topmba.com

Paul Danos, Dean of mba.com/school_profile/tuck-school-of-business-at-dartmouth/”>Tuck at Dartmouth College, explains “the reason for the enduring appeal of the MBA is simple – demand for MBA graduates by the great businesses of the world keeps increasing. As businesses grow in complexity and scope, companies need more and more skilled and well-educated leaders. “

In the USA, MBAs struggling to find work have been those with little or no work experience, those looking for a major career change or international student who cannot find a corporate sponsor. Boston University feared only 50% of graduates would be in employment three months after graduation this year, but the reality is that over 85% have found employment in 2009, says Hayden Estrada, Associate Dean.
Perhaps the big change has been the proportion of international students at US schools who are actively looking to return home or develop careers in emerging markets. A few years ago, an international MBA was a route to a new life in the USA or Canada. In 2010, an international MBA is as much about learning international business practices and creating a network which can be a  powerful career advantage for MBAs seeking to exploit the rapid growth of China, South East Asia, Latin America and other emerging economies.  Guillen at Wharton points out “a higher percentage, perhaps as many as two out of every three, are returning to work in their home countries, or in emerging markets, rather than staying in the USA.”

MBA hiring in Europe was certainly  affected by the recession in 2009. William DeVilla of IE Business School confirms “weakness in demand in financial services  affected MBA placement figures in 2009.” Goldman Sachs currently plans to hire about 100 full-time MBAs in 2010, slightly less than in 2007 or 2008. However, the situation is volatile and the numbers planned to be recruited by banks in early 2010 could still increase if economies around the world continue to recover. Professor Guillen at Wharton predicts a change in the profile of MBA hiring in finance. “I think financial services and consulting will continue to be major employers of MBAs. However, the big investment banks will not be as important. Boutique banks, corporate development departments, and private equity will likely become more important.”

But non-financial recruiting is strong and many companies are taking advantage of the banking cutbacks to hire top talent.” Philipa Hain of London Business School agrees that “MBAs are having to be more flexible and look beyond finance. Our Career Service is playing a crucial role in re-directing MBAs towards realistic career opportunities.  Coca Cola, Rolls Royce and Amazon are amongst those companies which increased their MBA hiring in 2009.”

In parts of Asia and Middle East, the picture is positively rosy. Sandra Schwarzer, Director of Career Services at Insead reports an increase of up to 30% in job opportunities in parts of Asia and Middle East. Demand for MBAs in China and India are at record levels. Demand is so strong that the Municipality of Shanghai has funded the launch of its own local business school –Shanghai Advanced Centre for Finance, to compete with other local schools like CEIBS and Cheung Kong Business School. Employers in China could not find enough Chinese MBAs returning from US and European business schools, spurring the local government into action. And it’s not just China where demand is hot. Edward Hain of American Express in Korea, reports strong demand for international MBA hiring to meet pipeline leadership needs throughout the Asia region. He comments “MBAs bring the maturity, business and cultural awareness as well as the leadership skills to take our company forward. Even during difficult economic conditions we remain committed to our MBA hiring program, not just in Asia but around the world.”

Shwarzer reports the biggest increases in job opportunities in 2009, compared to 2008, in Africa with a 78 per cent increase, and South America – especially Brazil – with a 69 per cent rise. Jose Antonio Cruzado, Regional Director for QS TopMBA.com in Latin America sees “Brazil is experiencing dynamic economic growth and growing demand for MBAs. Brazil is also the engine of Latin America at present, with connected economies, especially Peru, booming from the regional growth in demand. Another factor in the region is China’s quest for raw materials, resulting in a growing demand for Chinese speaking MBAs across Latin America.

As a result of this sustained demand for MBAs, salary figures remain remarkably robust. Average MBA salaries reported by the TOPMBA.com International recruiter Survey were US$91,500, compared to US$93,000 in 2008 – a fall of just 2%. The latest graduating class from IMD achieved an average salary of £78,000 (compared to £76,000 in 2008) plus an average sign on bonus of £17,000. Luke Li of Duke University’s Fuqua School reported an average salary of £60,000 for the 2009 class, unchanged from 2008, with a bonus of  £14,000. Ashridge Business School, a one year MBA near London reported an average salary of £135,000 in 2009, compared with £124,000 in 2008, for their MBAs who average 10 years of work experience.

MBAs from regional business schools generally achieve lower salaries than those educated at well respected international business schools. Though employers are recruiting from a wider base  of schools than ever before, they still prefer international experience.  Edward Hain of American Express explains “we need people who understand international cultures, are internationally mobile and can quickly assimilate the requirements of working in a local market with very specific needs, whilst demonstrating an ability to lead a diverse group of people.  It is the highly selective entry standards, combined with readiness for leadership which really makes an internationally educated MBA essential for many roles at Amex and we are competing with many companies which take the same view.”

www.topmba.com

ORLANDO, Fla., Feb 09, 2010 (BUSINESS WIRE) — The Rollins MBA at the Crummer Graduate School of Business today announced that it is offering an advanced management program, called the Key Executive MBA (KEMBA), designed for senior executives and business leaders. The program is modeled on key elements of the most progressive executive MBA programs in the country and is structured to provide an MBA degree through an innovative approach focused on strategic leadership.

The Rollins KEMBA program’s curriculum is team-taught and integrates various business disciplines to give executives a deep understanding of all aspects of business — from accounting and finance to marketing and the global environment — in a way that enables graduates to effect change in organizations and society. The program uses blended learning, and takes advantage of the valued interaction with faculty and peers to emphasize strategic thinking, leadership and global content. This experiential learning, combined with limited class size and focus on real business challenges, enables the development of skills and connections required of executives in times of rapid and significant change.

The Rollins KEMBA program enables students to develop cross-functional problem-solving skills that can be immediately useful to their organizations. It features an interactive online component where students learn the program fundamentals. This knowledge is further applied when students meet once a month, on campus, to engage with professors and peers in a classroom setting. The result is a practical learning experience that makes the most of valuable classroom time and student interaction with high-level peers.

“The Key Executive MBA program at Crummer has been developed specifically to address the skill development needs of today’s business leaders,” said Craig McAllaster, dean of the Rollins MBA at the Crummer Graduate School of Business. “Executives participating in the program will be able to share ideas, learn from their peers and immediately apply these skills to their organizations.”

The Rollins Key Executive MBA program will commence on August 25, 2010. For more information on the Key Executive MBA program, got to: mba.rollins.edu/kemba.

Rollins College

Founded in 1885, Rollins College is Florida’s oldest recognized college, and is consistently ranked by U.S. News & World Report as one of “America’s best colleges.” The College of Arts & Sciences offers full-time undergraduate programs in the liberal arts. The Hamilton Holt School serves the Central Florida community by offering exceptional undergraduate and graduate degree programs during evenings and weekends to students diverse in age, experience and professional development. The Crummer Graduate School of Business is ranked a top MBA program by: Forbes,Entrepreneur and the Financial Times. For more information, go to www.mba.rollins.edu.

SOURCE: Rollins College

For Rollins College
Lisa Langsdorf, 212-651-4239
lisa.langsdorf@fusionpr.com

marketwatch.com

By the My MBA Career Content Team – Find Top MBA Degree Programs

Because an career.com/mba-schools/mba-degree-programs.html” target=”_self”>MBA program teaches students the fundamentals of ethics and leadership in business, the MBA degree is prevalent among executive position holders.

A number of successful chief executive officers (CEOs) hold MBAs, according to BusinessWeek. This trend could be an indication that companies seek individuals who take the extra initiative to further their education and gain more knowledge in the field.

The news source examined more than 1,100 CEOs from around the world and looked at their education background. Although less than one-third of the executives held MBA degrees, it was noted that graduates from an MBA program placed 40 places higher in ranking in terms of success.

Additionally, half of the top-10 ranked CEOs had attended business school in pursuit of an MBA, leading the authors to believe that an MBA degree may help in performance.

BusinessWeek asserts that many companies view MBAs as a favorable degree, which could potentially make it more likely that an MBA will be hired over a bachelor’s degree holder.

Reports show that MBAs also have a higher chance of becoming employed. According to the Bureau of Labor Statistics, the unemployment rate for MBAs is at 2.4 percent, whereas bachelor degree holders have a 2.8 percent jobless rate.

mymbacareer.com

MALIBU, CA — 02/22/10 — To apply in Round Three or not to apply in Round Three? That is the question facing many business school applicants as this year’s MBA admissions cycle nears its conclusion. In an effort to help prospective applicants make appropriate Round Three application decisions that result in the highest likelihood of admission, Veritas Prep, a leading MBA admissions consulting firm, today released the commentary of admissions directors from elite business schools detailing their perceptions of Round Three and the applicants therein.

“Many students mistakenly assume their chances of admission are significantly lower at the later stages in the admissions cycle,” explains Scott Shrum, Director of MBA Admissions Research at Veritas Prep. “The following sentiments, captured through recent proprietary research conducted among admissions directors from top schools, reinforce our advice to prospective Round Three applicants and underpin the notion that thoughtful, compelling applications will stand out at every stage of the admissions cycle.”

– Applying in Round Three is not a bad idea, but rushed applications in Round Three are. Many “last-round” applications are also “last-minute” applications. Unsuccessful late applicants often attribute their results to Round Three when, in reality, their applications were rushed and therefore ineffective. “Last-minute applicants give Round Three a bad name,” explains one Director of Admissions. “The majority of Round Three applicants are well-prepared and have compelling reasons for applying later in the admissions cycle, and we review each application starting from the assumption that the applicant will be strong.”

– Applicants are often overly pessimistic about their chances in Round Three. While applicants have come to see applying in Round Three as somewhat of a MBA admissions death sentence, admissions offices try to communicate that great applicants are often accepted in the late stages of the application cycle. “I suspect that potentially good candidates do not apply because they are overly pessimistic about their chances for admission,” says another Director of Admissions at a top-ranked business school. “As always, however, the successful late-stage applicants have taken sufficient time to submit a well-crafted application.”

– Students are waiting longer to apply in general, meaning more Round Three applicants. Given the uncertainty in the market, top schools have found that many applicants are waiting longer before making big decisions like what job offer to accept and whether or not to go to grad school at all. “We believe that accepting applicants in later stages gives us an advantage in attracting applicants who want to wait for legitimate reasons,” explains a leading MBA program’s Admissions Director.

– Some schools are more open to Round Three applicants than others. Policies for evaluating late-stage applicants vary by school; in fact, some top MBA programs have gone on record saying that applicants are better off applying in Round One or Two. “I think we are more open to Round Three applicants than other schools are,” comments one Director of Admissions on their institution’s approach. However, another Admissions Director at a different top-ranked MBA program concedes that applying in Round Three poses heightened risk at their institution. “We can usually find room in the class for strong applicants, regardless of the application stage,” he explains. “Although it does depend on space, which is what makes Round Three significantly riskier from an applicant’s perspective.”

– Round Three allows U.S. schools to compete for top students with international programs. At many leading international MBA programs, the admissions deadlines are significantly later than at top U.S. schools. “We compete for applicants not only with U.S. schools, but also with schools from around the world,” explains one Admissions Director. “We want great candidates to also consider our school, and not just apply to international programs because that is their only option at the later stages of the admissions cycle. And that means competitive schools must be open to March applicants.”

“Round Three is a melting pot of attractive applicants with legitimate reasons for waiting to apply, as well as last-minute applicants who — whether due to poor planning or unforeseen circumstances — hastily throw together ineffective applications,” continues Shrum. “The key takeaway for a prospective Round Three applicant is that great candidates can be admitted in the last round, but their applications must effectively position their candidacy to rival those of applicants admitted in Rounds One and Two.”

For more information about Round Three application strategy or for assistance in creating a compelling Round Three application, contact Veritas Prep at 1-800-925-7737 or visit http://www.veritasprep.com/mba/.

About Veritas Prep

Veritas Prep is the world’s largest privately-owned GMAT preparation and admissions consulting provider, offering industry-leading programs to help applicants improve their test scores and gain admission to the world’s best graduate schools. Founded in 2002 by graduates of the Yale School of Management, Veritas Prep now offers live GMAT prep instruction in more than 80 cities worldwide, as well as interactive online courses available everywhere. Additionally, Veritas Prep offers industry-leading admissions consulting services for applicants seeking admission to the most competitive business schools, law schools, and medical schools in the world.

Contact:
Lisa Weiner
303 433 7020
Email Contact

The Anderson School of Management is hosting an open house for anyone interested in pursuing a Master of Business Administration degree. The informational open house will be held on Tuesday, March 2, from 5:30 – 7:30 p.m., in the Jackson Student Center located just west of the Anderson School on the UNM Campus.

Anderson faculty and advising staff will be on hand to answer questions and explain the ten different MBA concentrations offered by the Anderson School. Participants can find out more about entrance requirements and everyone who attends the open house will receive an “Application Fee Waiver” form. Prospective students can turn in the form with their application to waive the $50 Anderson application fee.

Anderson’s Full-time MBA program is ideal for those with a non-business undergraduate degree who are looking to begin or advance a managerial career. The 22-month program focuses on building fundamental business skills while still allowing students to specialize in one or more areas. For more information about Anderson MBA programs visit mba.mgt.unm.edu/future.

Free parking is available in the lot to the north of the Anderson School on a first-come, first-served basis and additional parking can be found in the structure next to Popejoy Hall or at paid meters along Las Lomas.

Job Placement #4, Women #3, and International Students #6; DBA Rankings Leap

Financial Times has released its Global MBA Rankings, and Boston University School of Management has retained its international reputation overall (placing 61st worldwide and 34th in the U.S.) and made a significant gain in the category of doctoral rank (up 32 places to 43rd internationally).

This MBA ranking is determined largely through a survey of MBA alumni on topics related to career progress and salary (the alumni survey accounts for 55% of the ranking).

In addition to the survey, the ranking examines several other criteria, including doctoral program success, employment rates, and student demographics. Those data provide us with the following ranks:

• Due to DBA graduates receiving faculty positions at top schools, our “Doctoral Rank” increased 32 places to 43rd internationally.
• Our employment rate within 3 months of graduation (90%) tied us for 4th best in the U.S. and 16th internationally.
• Our percentage of women students (40%) tied us for the 5th highest percentage internationally and 3rd in the U.S.
• Our percentage of international students (44%) tied us for 6th highest for U.S. schools.

“Our unique approach to management education attracts a broad diversity of top students and scholars. Our emphasis on fusing the art, science, and technology of business produces exceptionally qualified graduates at both the MBA and the doctoral level,” said Louis E. Lataif, the Allen Questrom Professor and Dean of the School.

Top 15 Part-Time MBA Programs in the US

1. Worcester Polytechnic, Worcester, Massachusetts
2. UCLA (Anderson), Los Angeles, California
3. UC Berkeley (Haas), Berkeley, California
4. Nebraska, Lincoln, Nebraska
5. Michigan (Ross) Ann Arbor, Michigan
6. Elon (Love), Elon, North Carolina
7. Carnegie Mellon (Tepper), Pittsburgh, Pennsylvania
8. Rice (Jones), Houston, Texas
9. Indiana University Southeast, New Albany, Indiana
10. Drexel (LeBow), Philadelphia, Pennsylvania
11. Emory (Goizueta), Atlanta, Gerogia
12. Chicago (Booth), Chicago, Illinois
13. Loyola Marymount, Los Angeles, California
14. Case Western (Weatherhead), Cleveland, Ohio
15. SMU (Cox), Dallas, Texas

via BusinessWeek.com

Harvard Business School is the place where the chief executive officers, hedge fund stars and Goldman Sachs partners of tomorrow learn their craft. Now, in a break from tradition, a new course is focusing on the troubles of everyday consumers.

Consumer Finance, as it is known, will look at topics ranging from the best ways to boost the savings rate to how banks can deliver better products for low-income customers. Instead of proceeding along the conventional HBS path and delving into corporate case studies, students will focus on the financial lives of real middle-class families. In one exercise, they create a budget for a Boston family of average means, figuring in costs for such everyday staples as food, transportation and insurance.

“By the time our MBAs graduate, they will have looked at financial statements for hundreds of companies,” said Peter Tufano, the professor who teaches the course along with Howell E. Jackson, a faculty member at Harvard Law. “Other than in our course, they would have never looked at the financial statements of a single household.”

via www.Forbes.com