The percentage of college students ages 18 to 24 who reported binge drinking four or five drinks within two hours decreased to 37% in 2014, compared with 45% in 2005, according to a study published in The Journal of Studies on Alcohol and Drugs. Researchers say interventions instituted by colleges and universities may have contributed to the decline.
Instead of focusing on the prestige of a business school, prospective students might do better to determine the return on investment of other programs, say MBA admissions consultants. They note that strong candidates with high GMAT scores may find schools that are willing to provide scholarships.
More business schools are adding programs focusing on technology as more graduates head for jobs with companies such as Google and Amazon. Anirudh Dhebar, a professor of marketing at Babson College, says the growth of technology has changed how businesses operate and MBA graduates should be prepared for new careers.
District of Columbia Public Schools are using postsecondary outcome data from the National Student Clearinghouse to guide students to colleges and universities where they may have the best opportunity for success. Institutions are not invited to a district college expo if the rate of graduation for students eligible for Pell Grants is less than 40%.
More than 70% of chief college and university business officers say higher education is facing a financial crisis, up from 63% in 2016, according to Inside Higher Ed's annual survey. To bring in more money, 71% said they would seek to boost enrollment and many said they would need to cut program and administrative costs.
For the third straight year, the University of Montana has brought in a record amount of new external research funding with its 2017 total of $88 million. Scott Whittenburg, vice president for research and creative scholarship, says more faculty are submitting grant proposals since his office began offering them more development support.
More than half of Class of 2016 business school graduates attempted to negotiate their starting salary for their post-graduation jobs, and of those, 69% report they were successful in increasing their starting salary. Visit Research Insights to learn more.
More business schools in India are seeking donations from graduates to fund infrastructure and academic initiatives. Many of the fundraising offices are new at India's business schools, and Edelweiss Group CEO Rashesh Shah says he expects to see more fundraising success in the next decade.
When top recruiters are asked to rank the best MBA programs, brand name and prestige are only part of the mix, with many prioritizing academic rigor and how they teach "soft skills," recruiters say. Jason Guggenheim of the Boston Consulting Group says an emphasis on global learning and collaboration ranks high with his company.
Women business owners who collaborate with each other may bring in bigger profits, according to researchers at Yale and the London Business School. Researchers say they found that female grape growers in France's Champagne region get more for their produce than male growers because they worked together on pricing.
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