Knowing about the future salary and job security of careers open to a particular major didn't seem to make much difference in students' choices, according to a study of Rutgers University students. Researchers also found that showing students potential salaries helped them lower their expectations on what they might earn after graduation.
CEOs who earned an MBA before the 1970s, when diversification was taught as a good strategy in business school, were 17% more likely to pursue the strategy than CEOs without an MBA, according to a study. The researchers write in this commentary that CEOs who earned MBAs after the 1970s were less likely to pursue diversification after the strategy came under criticism.
A survey from the Chartered Association of Business Schools found that 77% of UK business schools say they're facing increased competition for students. Experts say several factors may be playing a role, including the growth of business education in Asia as well as a lack of investment in curriculum development at some UK schools.
The national organization for Sigma Kappa sorority has contracted with online therapy provider TalkSpace to provide its members three months of free access to counselors via video, audio or text message. The sorority joins other Greek organizations that have signed up for such virtual counseling as schools see an increase in mental health needs.
Some college presidents, such as Southern Utah University's Scott Wyatt, are using podcasts to stay in touch with students and faculty and boost the mission of the institution. Gordon Sauer, creative director of the University of Missouri's podcast, says it's "one more tool" schools can use to reach stakeholders.
Donations to Virginia Tech during the 2017-18 fiscal year totaled $153.6 million, less than $10 million from last year's record-breaking fundraising of $162 million. Officials still count the year as a success, noting the school has raised more than $100 million each year since 2016.
Some business schools are accepting GRE scores in addition to GMAT results to recruit more students with nontraditional backgrounds. Schools such as the Tepper School of Business at Carnegie Mellon University are offering such students primers in math to boost their readiness for the program's requirements.
Western State Colorado University has introduced the first MBA program in the US aimed at producing leaders in the state's burgeoning outdoor industry. The two-year online program will focus on courses on topics such as sustainable finance and outdoor product development.
MBA graduates can leverage the tools of LinkedIn to land a job by updating their profile and actively sharing information and articles to build a following, says Chris Reed, founder and CEO of Black Marketing. Reed also suggests using the platform to stay connected to former classmates to find out about jobs before they are advertised.
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