In the fall of 2008, when Lehman Brothers went kaput and the economy plunged into a deep recession, Yash Gupta was scampering around the country trying to drum up support for a new business school at Johns Hopkins University.
The phones in Stanford University's Business School admissions office aren't ringing as often as they did. The number of applicants showing up at the school's information sessions around the world is down as well. For Derrick Bolton, who racked up 240,000 miles of flying last year as director of admissions, it has meant an even heavier schedule than usual to drum up interest.
When Janet Stark finally gets around to building her own website, the admissions consultant will run it with the headline, "I've been accepted to Harvard Business School over 50 times!" Her students are a bit less open.
Some people view an MBA degree the same way that Charlie thought about his Golden Ticket in "Willy Wonka and the Chocolate Factory": They believe a piece of paper can magically transport you to a place you only imagined.
CNN's Fredricka Whitfield talks to Jason Ferrara from CareerBuilder.com about where to find jobs in this economy.
The wisdom of business professors, once only available to MBAs and business students, can now be accessed by anybody with an Internet connection.
Interest in business training programs is at record levels, as the economic downturn sends students flocking back to school.
With top consultancy firms charging thousands of dollars for a day's work, employing their services is a luxury most companies simply can't afford.
"Above all, do no harm." That phrase is attributed to the Hippocratic Oath, the ancient physicians' pledge that's made in a modernized form by many of today's graduating doctors.
Mohamed Desoky says his friends have mixed reactions when he tells them he's landed a seemingly stellar job on Wall Street.
Enrollment in business schools is booming as would-be chief executives and entrepreneurs sit out the worst of the economic slowdown with a year or two of invaluable study.
Business schools were once a distinctly American proposition, but now, as illustrated by the 2009 version of what is perhaps the leading league table for global MBAs, excellence is being spread around the world.
All around the world, businesses are taking a long, hard look at their future plans, particularly any ambitious schemes to expand or restructure. Stock markets are in turmoil, banks in crisis and credit increasingly tight.
There are, as covered before on Executive Education, a plethora of lists purporting to rank business schools in order of excellence, which are useful but can sometimes be slightly blunt instruments.
Research is a major part of life for mainstream universities, with the ultimate accolade for any academic institution coming when one of its faculty is handed a Nobel prize, the latest winners of which were announced this month.
Business school graduates are heading out into a cold, cold climate as financial companies clam up or close down
If you want to learn about business then who better to hear from than a pair of the world's richest men? But what about an Oscar-winning film director? And how about a former spy chief?
In a virtuous circle that has doubtless brought a wry smile to many MBA professors' faces, the very process of getting into a top business school has, itself, now become a deeply lucrative activity.
A specific league table of the best business schools for Hispanic students? Why, some might ask, would anyone need that?
Applications to business schools are booming as record numbers of people seek to weather the current global economic turmoil by arming themselves with an MBA or similar qualification, according to a new global survey.
Where do MBA students most want to work when they get out of school? Investment banks and consulting firms are still popular choices, but for the second straight year, the most coveted employer is Google, a recent survey found.
Dan Berger, a 26-year-old aide to New York Congressman Charles Rangel, knew he wanted to get an MBA but, he says now, he was overwhelmed by the number and variety of programs available: "I knew I needed to gather a lot of information before choosing a school, but I really didn't know where to start."
Last fall, as bad news about the credit crisis began to pile up, MBA student Brendan McHugh started to wonder about his chances of securing a coveted internship at a top securities firm.
While the U.S. remains the globe's pre-eminent business school destination, Europe is increasingly hot on its heels, with the continent's schools attracting ever more students from around the world.
Getting accepted into a top MBA program is an arduous, time-consuming process, with plenty of potential pitfalls along the way. Witness that the most prestigious and selective schools - Harvard, Wharton, Stanford, and their ilk - say they accept only 10% of all those who apply.
The subprime lending crisis might have delivered a sizeable kick in the ribs to the worldwide economy, but amid the gloom one sector is still booming -- business school applications.
According to popular myth, people take MBAs for two connected reasons -- to advance their career and boost their salaries.
It is a common way for business schools to secure their future: In exchange for a substantial bequest from a former student or other benefactor the school is re-named in their honor.
One of the key elements of any MBA is the internship -- in fact it is often the difference between securing your dream job and having to make do with something less exciting and challenging.
The big question right now in Russian politics is who will succeed Vladimir Putin as President in the 2008 election. As it turns out, the two front-runners -- first deputy prime ministers Sergei Ivanov and Dmitry Medvedev -- are also squaring off in a contest for business-school supremacy in Russia.
The many league tables which rank MBA programs vary in their methodology, but mainly share a few assumptions, including that a prime mark of quality is a stream of graduates entering highly-paid jobs in financial services and consulting.
What makes a good business school the best? According to a new survey, the extra quality which distinguishes the top MBA programs is quite simple - ensuring its graduates get the jobs they want.
Omar Yaqub didn't want a conventional 9-to-5 job after business school. He wanted to help save the world. So the 28-year-old MBA went to Nigeria to tackle an impossible task: creating demand for a product no one wanted.
Think of it as a popularity contest for companies. Each year, research firm Universum surveys MBA candidates on where they'd most like to work for an exclusive Fortune.com list.
When Jack Welch gave a guest lecture at MIT's Sloan School of Management in 2005, someone in the crowd asked, "What should we be learning in business school?" Welch's reply: "Just concentrate on ne...
Once, business was business and government was government. Leaders passed laws and companies made money within those laws.
Another new survey of business schools, this time exclusively in the U.S., has confirmed one increasingly evident fact for those considering an MBA -- there is a clear elite in the field.
Throughout their MBA courses, business school students get the chance to apply their new skills to hypothetical problems from the world of commerce.
Business schools are generally seen as a fairly modern phenomenon, although some do have some significant heritage, for example the University of Pennsylvania's Wharton School, founded way back in 1881.
In comparison with countries like the United States, or even the UK, France sometimes has a popular reputation for economic sluggishness and a centralist approach to business which can strangle enterprises in red tape.
There are a number of rankings produced each year for business schools and MBAs, but the one seen as perhaps the most authoritative in global terms is that produced each year by the Financial Times.
A great deal of attention is paid to the tricky business of how aspirant MBAs can identify and then get into the best courses at top business schools.
For many business school students in the United States, early January would usually see them enjoy some time off to visit friends and family, or perhaps take a holiday. Not any more.
Traditionally, aspiring executives aiming at an MBA would drop everything to study full time for a year or more, confident the loss of income and career break would be fully compensated for in future years.
The job market is booming for those graduating with an MBA in 2007, a survey has shown in a further dose of welcome news for business school students.
There's a hole in higher education that you probably haven't heard about.
When Senator John Kerry told to a group of college students that they should study hard or "end up in Iraq" as soldiers, he stirred up not only anger but also a determination among some to show that his ill-judged joke was misleading.
As well as learning skills through lectures and seminars, an increasingly important part of modern MBA life comes when students pit their wits and skills against peers from other business schools in competitions.
Taking an MBA at a top business school is a classic route to boosting your salary.
The main objective of most people studying for an MBA is to improve their job prospects.
Every year, would-be MBA students face one overriding question -- what's the best business school? The answer, unfortunately, tends to be annoyingly vague: It depends on what you want.
MBA students might be some of the cleverest and hardest-working going, but according to a new survey they also have another, more unwelcome distinction -- the most likely to consider cheating.
For many people, going to a business school conjures up images of classrooms full of students poring over figures, or dry management theory. But how about a visit to an art gallery or a museum?
The application process for business schools is beginning, sparking the annual frenzy of activity - and copious questions.
Srikumar S. Rao isn't really like most business school professors. For starters, the syllabus for the course he teaches at two leading schools begins with a lengthy argument as to why many students should not consider signing up.
An increasing trend in business schools is the diversity of students they attract, something many MBA students see as a positive, giving them a chance to learn about a variety of work cultures.
As well as mastering marketing, finance and leadership, new students arriving for the Tippie School of Management's full-time MBA have been learning a series of other vital skills. For example, which fork do you use for salad?
Business schools around the globe have experienced a boom in applications during 2006, according to a major annual survey by the US-based Graduate Management Admission Council (GMAC).
Many a go-getting MBA student has left business school set on a career in investment banking, confident their talent will see them through. But according to new research, another factor plays a big part -- chance.
MBAs are all about making more money in the future, right? Not always. Some top business schools are teaching that success is not only measured by the bottom line.
If there is one thing that keeps business school deans awake at night, it is their institution's global ranking. Now a new study gives them more reason for interrupted sleep: it indicates they are largely responsible.
While an MBA might be seen as the standard passport to big business success, increasing numbers of young students are now looking at a more direct route to the top: undergraduate business degrees.
Following is an interview with Laura Tyson, dean of London Business School and former chairman of the Council of Economic Advisers during the Clinton administration, and Glenn Hubbard, dean of the Columbia Business School and chairman of the Council of Economic Advisers in the first years of the Bush administration.
With demand for MBAs rebounding, this year's graduating class of B-school students is more likely to get the job offers they desire. And in many cases, that means a job at Google.
MBA graduates can look forward to rosier job prospects and higher starting salaries during 2006 as an improving global economy lifts the spirits of employers.
The prospect of putting a promising career on hold and heading back to school for two years makes many young executives shy away from MBA degrees, but some business schools are offering alternatives.
Better known as the scenic location for the "Lord of The Rings" film trilogy, New Zealand is also gaining an international reputation as a provider of executive education.
Last year Samantha Kitover reached a critical point in her career. A 25-year-old Chicagoan who works as a sales trainer for Canon USA, Kitover figured she'd boost her salary and increase her option...
Business schools go to great lengths to attract students, but also spend considerable time working closely with another important audience: employers.
History is littered with examples of innovative technologies and great ideas that failed to make the leap to commercial success. But one new U.S. business school believes it can carve out a niche by addressing just this challenge.
The traditional one-size-fits-all MBA degree could soon be consigned to the dustbin of history as business schools look for ways to boost flagging enrolment numbers.
MBA graduates traditionally secure well-paid positions inside big corporate firms. But growing numbers of budding entrepreneurs are also showing interest in doing a business course.
While executive education students go to great lengths to select the most appropriate business school for their degree, the schools themselves also assess prospective candidates to maximise their chance of success.
So you're thinking about getting a master's of business administration, and you want to know which school is the best for you. With tuition at top-tier schools reportedly up 55 percent in the past ...
You've got dreams--big honking expensive dreams. You want to be a player in a powerhouse corporation or launch a business of your own. Either way, you've decided you'll need an MBA to prepare yours...
With their roots planted firmly in the fertile soil of academic research, business schools are often criticized for their lack of focus on the job of imparting practical skills to their students.
They might make up slightly more than 50 percent of the world's population, but women are significantly under-represented when it comes to executive education, according to top-tier business schools.
Academic courses have long had an image of toiling students spending hours hunched over textbooks in vast libraries.
Scanning the annual rankings of global MBA and EMBA programs shows the continued dominance of U.S.-based business schools such as Wharton, Kellogg, Stanford, Tuck, Harvard, Stern, Columbia and Chicago GSB.
The Middle East, in a desire to expand its economic base from a traditional reliance on oil, is enthusiastically embracing executive education and investing in facilities to drive the sector's growth.
As European countries grapple with the challenges of economic and political union, work continues on a far-reaching agreement that will reshape executive education across the region.
It was the birthplace of modern executive education programs, and now North America is at the forefront of the changes sweeping through the sector.
Asia's rapidly growing economies have sparked an increase in demand for executive education -- and business schools throughout the world are responding with gusto.
A student's relationship with his or her business school doesn't necessarily finish when the course or degree is completed -- for many people that is just the beginning.
As students in his competitiveness class settle into their seats, the professor lets fly an opening query: "Who can tell me why Estonia was so successful in making the transition to a market econom...
Quit worrying. If you're choosing among the 25 schools in this guide, you're going to get a great education. These schools attract the best of the best: The professors are top-notch, and the studen...
Somewhere in the world, I'm sure there are many thousands of people who invested loads of time and money in getting a master's degree in business administration and who are now glad they did. Howev...
Canadian Henry Mintzberg has been a pioneer in the study of managerial behavior. He has been very critical of contemporary management practices. CNN got a chance to interview this academic and business researcher.
If you think it's not a great time to start a business, you're right. Three years after the tech market crash left the Pets.com sock puppet in the Goodwill bin, investors aren't exactly clamoring f...
Alysa Polkes guaranteed a room full of second-year MBA students a hundred grand. As head of the Career Management Center at the John E. Anderson Graduate School of Management at UCLA, she was tryin...
Last winter Stanford's new e-commerce elective was the hottest thing on the business school's campus, with 28 students using their single "silver bullet" to secure one of the 66 available spots. Th...
Charlie Tillett remembers the year he entered MIT's business plan competition. It was 1991, and the second-year business student counted himself among the 50 or so active members of the school's Ne...
For new MBAs at Harvard Business School, an offer from a top consulting firm used to be as good as it gets: a six-figure starting salary, a $30,000 signing bonus, a pledge to pay some or all of the...
It is a truism that a person's greatest strength can also be his greatest weakness. But a manager's greatest weakness will in most cases be the underside of his greatest strength. The person who is...
The bidding war for Trevor Gurwich erupted last spring. Still only 28, he resembled any other M.B.A. student at Columbia University--playing soccer, partying, cramming in the library. But investmen...
Crystal Johnson had never heard of Florida A&M University when a phone call from its president, Frederick Humphries, roused her early one morning four years ago. A National Achievement Scholar from...
DEAR ANNIE: My company has been bought, and my department is fairly certain that we are toast. I've been here for a little over ten years in pretty much the same job, because I like my work--and I ...
Sean McDuffy, 29, is a corporate recruiter's dream. As the executive vice president of Wharton's student council, he's a proven leader. And the fact that he started a food business straight out of ...
Daniel Grossman squirmed on the horns of a career dilemma. The small toy company he worked for had been taken over by industry titan Mattel, and he had been offered a great job at the new parent. A...
In a 300-year-old converted farmhouse in the hills of Tuscany, Charles Handy sits in front of a PowerBook 540c trying to make the world a better place. He's not a guru or a futurologist or an aging...
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