Business Schools

More and more business schools are embracing sustainability. This is the positive finding of a study published by the International Centre for Corporate Social Responsibility, part of Nottingham University Business School. The Centre conducted the analysis on the integration of sustainability in business schools amongst the first 100 schools that have signed the UN initiative „Principles for Responsible Management Education“.

Do you plan to apply for an MBA programme at an European business school? In recent years, Europe has become a top destination for MBA students.The supply in MBA programmes becomes more and more attractive. A selection of prestigious business schools is presented in this eBook.

An MBA degree from one of the leading Indian business schools is regarded as the gateway to a brilliant career in India. Students often look up to names like Indra Nooyi, chairman and CEO of Pepsico, and Arun Sarin, ex-CEO of Vodafone Group, two MBA achievers that have their roots in India. However, this obvious “golden ticket” as many people refer to the degree, does not mean just any MBA from any Indian business school. Due to the high student demand many unknown business schools have opened their doors. They have never sought any form of accreditation and they do often lack basic educational standards!

Companies and organizations all over the world lose money due to fraud. A recent study by the Association of Certified Fraud Examiners claims that the loss is as high as 5 per cent of their annual revenues. Many business schools teach their students about ethics these days but not many go as far as teaching students to refrain from fraud as well as detecting fraud in their company.

“Business Week” calls it a “coup”: Axel Weber, the outgoing president of the German central bank will soon be teaching MBA classes at the University of Chicago’s Booth School of Business.

Nunzio Quacquarelli, Managing Director of QS - the organisation behind the largest business education event in the world, the World MBA Tour -  about scholarships and other opportunities in the market for MBAs.

The dominance of the U.S. business schools is diminishing the more popular European business schools become. A new study by GMAC, which conducts the General Management Admissions Test, shows that 11 per cent of all GMAT score reports went to European business schools in 2009/2010 (July 1, 2009-June 30, 2010), up from a 7.5 per cent share in 2006.

In 2009, MBA students at Harvard Business School introduced an oath which committed them to behaving ethically and responsibly in business. The aim of the oath is for business people to serve the greater good of society rather than their own monetary benefit.

For years the MBA scene has been very much male-dominated. It still is, but more women are showing interest in MBA courses and their career options than ever before.

So far, luxury brand management is a speciality of business schools in France, HEC and Essec are regarded as experts in this niche. Now the home of Armani, Prada and Gucci is joining the competition: Milan based SDA Bocconi School of Management creates a new program in luxury business management.

An MBA is a lifetime investment: into your career, into your network and into your life in general. Choosing the right MBA is essential for the career path that you want to take.Of course, there are always two basics that influence the selection process:
A) Can you afford the program?
B) Are your GMAT scores high enough for certain programs?

WHU Otto Beisheim School of Management earned accreditation with Association to Advance Collegiate Schools of Business (AACSB), the most important and longest serving global accrediting body for business schools that offer undergraduate, master’s and doctoral degrees in business and accounting. Today, there are 607 accredited schools in 38 countries. Similarly, 175 institutions maintain an additional specialized AACSB accreditation for their accounting programs.

What do the British foreign secretary William Hague, former US treasury secretary Hank Paulson and Indian home affairs minister P. Chidambaram have in common? They are all MBA graduates who have reached public office. And they are not the only ones, reports Britain’s Financial Times.

Amongst the ever growing importance of China in the global economy, it also turns out that China develops into one of the most popular MBA destinations among international students, reports Businessweek.

Several business schools in the U.S. have set up clever initiatives to help their students in finding jobs. In general, schools have been more proactive in developing and maintaining relationships to employers.

The Graduate Management Admission Council – the controlling organisation of the GMAT – will publish its latest “European Geographic Trends Report” in February. Key findings are: New sources of talent in Europe are emerging in Germany and Russia. Posting three years of significant growth, Germany remained the largest European group in the GMAT pipeline, ahead of France. Russians became the third-largest group in Europe to take the GMAT exam, passing the British for the first time