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Top 5 Healthcare Masters Programs in Western Canada
Healthcare in Canada is a booming business. In 2018, total health expenditure was expected to reach $6,839 per person or $253.5 billion total—11 percent of Canada’s GDP. So, it should be no surprise that healthcare careers are surging.
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5 Questions With The Purdue University Krannert School of Management
In our latest installment of the MetroMBA “5 Questions” series, we speak with members of the Purdue University Krannert School of Management. The business school is introducing a new Online MBA program, arriving early 2020.
1.) Why Was the Time Right for Purdue to Introduce an Online MBA?
“It’s an exciting time for Purdue University and the Krannert School of Management, with many new online initiatives, all of which have business components. From professional students to corporate partners, the flexibility of online delivery is a requirement. Because of this, now was the right time to rethink how Krannert is engaging online strategically and the first step in that strategic plan is offering our MBA fully online.”
2.) What Will the Program Offer That Other Online MBA Programs Don’t?
“At the Krannert School of Management, we are very focused on the ROI for the graduate in conjunction with an exceptional student experience. The Purdue Online MBA will focus on preparing the student for a technological world and provide an exceptional student experience via team-based coursework, experiential learning and excellent student support, all the while limiting cost to provide the high value that is expected from a Krannert program.”
3.) Is This a Sign for More Online Programs to Come at Purdue Krannert?
“Yes, Krannert will be launching a series or additional courses, certificates and master’s programs that build off the framework provided by the Online MBA program. Opportunities include topics such as: business analytics; leadership, negotiations & change management; innovation & tech commercialization; economic policy; and interdisciplinary options. Collaborations across the Purdue campus will provide a rich set of offerings and flexible pathways, allowing students to use course and certificate work to build to a full degree.”
4.) For Potential MBA students, What Would You Say is an Advantage in the Online Program in Contrast to Full-Time or Part-Time Programs?
“All three are great options that serve a different need and it is a very individual choice on which modality is best for the student. If flexibility is the primary need, the online program is the best option. The ability to fit the program in at your own pace and on your own schedule from anywhere in the world is a huge advantage for working professionals. Online programs also have richer elective options than many part-time programs.”
5.) What is the Perfect Kind of Student for the Purdue Krannert Online MBA?
“The Purdue Online MBA program from Krannert is designed for working professionals. A perfect student would be someone with 3–10 years of working experience who is moving into a team lead, management position or looking to start his or her own business. We emphasize analytics throughout the curriculum so potential students should be analytically minded and appreciate technology, although we do expect students from both STEM and non-STEM undergraduate programs to be part of the MBA program. Finally, the ideal student should be hungry to lead and move their career forward.”
New Texas MBA Jobs
The old adage is that everything is bigger in Texas—and Houston is no exception. The fifth-largest metro in the United States, Houston is a city built on the ethos of the oil and gas giants who populate it: stake your claim and make your name. This week’s new Texas MBA jobs are for grads looking to make a name for themselves in Houston in a different way.
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Lead Business Schools Meet to Discuss Diversity in Management Education
For today’s business world, “diversity” isn’t just a buzzword; it’s the reality. Firms are increasingly creating international teams, pushing for gender and racial balance, and advancing LGBTQ equality. That’s why leading scholars from ten of the top business schools in the world—including INSEAD, Columbia Business School, NYU Stern, and Harvard Business School—came together to have an in-depth conversation around the importance of diversity in management education.
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Northwestern MBA Class of 2021 Introduced at Kellogg
The Northwestern MBA Class of 2021 at the Kellogg School of Management reflects the intelligence and diversity that the school is known for.
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International Option: Pros and Cons of Earning a Master’s in Finance in the UK Instead of the U.S.
A Master’s in Finance is fast becoming one of the most popular degrees in the world. According to The Financial Times, “global demand for masters in finance (MiF) degree courses increased slightly in 2018,” due to a number of factors including ROI, career paths for graduates, and costs.
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A Guide to the Specialized Master’s in Management
Welcome to MetroMBA's Master's in Management Guide. At the outset, you might think we miswrote MBA, but that’s not the case at all. A Master’s in Management degree is for students who want a shorter graduate program that still increases their business knowledge. These students might not be willing or able to commit two years to an MBA, but still desire to cultivate their leadership skills or specializes in a specific field such as marketing.
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Scroll down to find what top business schools offer the degree, what it takes to graduate, and what you can expect after graduation.
What is a Master’s in Management?
A Master’s in Management (MiM) degree is sort of a catch-all degree for leadership, no matter the company, corporation, agency, or industry. Regardless of your specific career goals, a MiM will help you gain the skills and experience you need to become a senior manager. You’ll be trained in a wide variety of business topics, ranging from accounting to strategy, with some options to specialize in a specific field.
Most MiM programs are shorter than a two-year MBA and typically have slightly younger class profiles. Recent college grads eager to jump-start their careers are the target audience for Master’s in Management programs with only a few small exceptions.
For example, Stanford University Graduate School of Business offers an M.S. in Management for Experienced Leaders, which is designed for mid-career business leaders. This one-year program is designed for senior leaders looking to go to the next level in their already distinguished careers.
Students graduate with a MiM degree ready to take on more senior-level positions in their field. They should know how to manage a team and have a sound understanding of business fundamentals.
Typical Coursework
The curriculum resembles an MBA program (40-60 percent course similarity), but might delve slightly more into topics on organizational development, behavioral science, and decision theory. No matter the specific courses, the goal of the Master’s in Management degree is to prepare students to handle management issues across all areas of business.
One thing to keep in mind about a MiM program compared to an MBA is that you’ll focus more on theoretical knowledge compared to practical knowledge. Due to the shorter duration of the program as well as its younger cohort, the program is more about building a business foundation for students who have no experience without taking the time to dive deep into many different specialized areas. The goal is to foster skills in leadership, teamwork, and project management, which are necessary to lead people and engage stakeholders.
Typical classes include:
- Finance
- Strategy
- Project Management
- Marketing Management
- Accounting
- Leadership
Beyond that, depending on the program, you may have the option to specialize your MiM in one area. For example, you could take courses in international business or supply chain management. Other options include:
- Strategy and consulting
- Entrepreneurship
- Data analytics
- Marketing
- Finance
Program Accessibility
Master’s in Management programs tend to be just ten months long, though some can be as long as two years. They can be full-time, part-time, and online, depending on the institution. The key difference in accessibility is the work experience required from applications.
While an MBA program typically targets applicants with more than three years of experience, MiM programs target fresh graduates. Typical applicants have less than two years of work experience and come from a range of backgrounds outside of business. In fact, most schools don’t want applicants with more than five years of experience. It’s for that reason the average age of MiM applicants is between 21 to 25 years old.
Admissions into a MiM program is similar to that of an MBA program. It can vary by business school, but typically requires a high level of excellence in grades, test scores, and essays. Applications may consist of:
- Resume (work experience ranges from 0 to 3 years)
- Essay
- Letters of Recommendation
- Academic Transcripts
- GMAT or GRE
Typical Cost
Tuition for a Master’s in Management degree will be less than an MBA, sometimes by more than half. This makes the degree more attractive for younger applicants who still have undergraduate debt. A top quality MiM degree can cost between $18,000-35,000 per year, with international programs being the most cost-effective
Career Opportunities
Master’s in Management graduates typically begin their career with an entry-level position. While the degree does make you more competitive in the market and helps you accelerate the beginning of your career, it won’t pack quite the same punch as an MBA.
However, as a MiM graduate, you’ll be ideally set up to begin work as an analyst, consultant, or another business-related job. You can work in almost any industry and for almost any type of organization from nonprofits to government agencies, large corporations, and small startups.
Whether working at a Fortune 500 company or a small nonprofit, MiM graduates are highly sought-after by HR departments around the globe. Potential employers include:
- BCG
- McKinsey
- L’Oreal
- P&G
- BNP Paribas
- KPMG
- LCMH
- IBM
It is important to note that Master’s in Management graduates typically earn less than MBA graduates. While most MBAs typically earn more than $100,000 a year, MiMs will earn $60,000 to $75,000 a year in most cases. That’s because you start out entry-level with a MiM degree and must grow from there.
Since salaries vary so much depending on your industry and career field, we’ll break down median pay based on where you earn your degree.
Duke Fuqua: $67,580
London Business School: $56,315
Michigan Ross: $62,500
The Top Master's in Management Programs
HEC Paris, regularly regarded as one of the world's premiere business schools, offers one of the best Master's in Management (MiM) programs you can find. The degree offering has been regarded as one of the three best in the world, according to the Financial Times, since 2014, with many double-degree opportunities and 20 specializations.
Graduates from the HEC Paris MiM program, on average, earn around €98,000 per year just three years after earning the degree, with a 96 percent job offer rate within three months of completing the program.
The London Business School Global Masters in Management (Global MiM), delivered jointly with Fudan University in Shanghai, delivers two specialized masters in a two-year, full-time program: a Masters in Management (MiM) and a Masters in Science (MSc) in International Business.
An estimated 100 percent of the most recent graduating class earned career offers within three months of earning their degree, with clear, definitve employment advantages in both English-speaking countries and China.
The MSc in Management at the Imperial College Business School in London, according to the Financial Times, has been regarded as one of the top 20 management master's (both general management and international management) in the world since 2016. An estimated 91 percent of graduates from the one-year program are employed within three months of earning their degree.
At a cost of just £29,500, Imperial MSc grads can quickly turn around and make a significant ROI, with an average annual weighted salary around £55,027.
The Ross School of Business at the University of Michigan has one of the highest-regarded MiM programs in the U.S., with its Master of Management degree. At only 10 months, its also one of the shortest programs on the list. Around 98 percent of graduates receive an employment offer within six months of graduating and a mean annual base salary of around $62,500.
The majority of Michiga Ross MiM grads earn careers in consulting (over 26 percent), with an even higher average annual salary rate of $73,000.
The 43-credit, 15-course Master of Management Studies (MMS) at Duke University's Fuqua School of Business is designed for students with little professional work experience, offering a unique opportunity to study either in the U.S. or China. The most recent MMS class studying in the U.S. featured 139 students, joining the program with just six months of prior work experience, and a GPA of 3.45. The average age of the class is 23-years old.
According to an MMS employment report from Duke Fuqua, " A significantly greater proportion (roughly 60 percent) of the MMS alumni who have a different job than the first one they held after the MMS program have salaries of $80K or above."
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The Newest NYC Business School Careers
New York City is one of the world’s major financial hubs, and the many companies that keep offices in it are always looking for new talented MBAs. All of the jobs in this week’s listing have been posted within the past seven days and are located in Manhattan. Get ahead of everyone and apply now if you see something that you like.
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The Heart of Entrepreneurship, at the UC San Diego Rady School of Management
Sponsored Content
For frequent visitors to Southern California, the seemingly endless list of adorning communities and picturesque landscapes likely come to mind first. But for locals and those in the business community, San Diego isn’t just a beautiful place; it’s also a landmark of entrepreneurship.
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The Top Denver Companies for MBA Graduates
In 2018, the Denver metro area was ranked the second-best location in the country for business school graduates, according to the “10 Best Cities for Business Graduates to Move” list created by Move.org. The city ranks highly for open positions, cost of livability, and unemployment rate. Graduates love the Mile-High City for its great outdoors and strong economy. It also ranks well for median hourly wage at $34,54—making Denver in the top third for discretionary spending.
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New MBA Jobs in Healthcare Emerge This Week
As Boomers inch closer to retirement, healthcare career opportunities have grown exponentially—and MBAs have begun to take notice. This week’s listings are all positions at companies poised to benefit greatly from the greying of America.
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The Top MBA Recruiters in Phoenix, Arizona
MBA talent in search of opportunities in a growing city should look no further than the Valley of the Sun: Phoenix, Arizona. Corina Vanek of the Phoenix Business Journal reports, “Employment in the Phoenix area grew 4.2 percent during the 12-month period that ended Nov. 30, 2018—the second-highest percentage growth of all metros nationwide.”
Phoenix is home to a number of excellent MBA programs, including the Thunderbird School of Global Management, Arizona State’s W.P. Carey School of Business, Ottawa University, Grand Canyon University, and the University of Arizona Eller College of Management, less than two hours southwest of Phoenix in Tuscon.
Like many major metros in the American west, Amazon is among the most prominent employers of MBA talent. But what other Phoenix companies round out the top five?
Top 5 Phoenix Companies Hiring MBA Graduates
Amazon
Amazon is the largest internet company by revenue in the world, with a reported 2018 revenue of over $232.887 billion. According to Indeed.com, Amazon salaries for Senior Product Management positions average $132,646 per year while Amazon Senior Management positions average $150,089 per year.
Common benefits at Amazon include 401K Plans, health insurance including dental and vision, employee discounts, and life insurance. Employee reviews describe the work environment as “fast-paced and exciting,” but note that a work-life balance is hard to achieve as an Amazon employee.
CVS Health
In 2018, CVS ranked 7th on the Fortune 500 and 17th on the Fortune Global 500 list with $184 billion in annual revenue. In 2017, CVS acquired Aetna for $69 billion dollars. According to LinkedIn data, Senior Director salaries at CVS Health range from $101,000-189,000 with an average salary of $138,000. CVS Health, which employs nearly 300,000, states its core values are “innovation, collaboration, caring, integrity and accountability.”
Intel Corporation
Founded in 1968, Intel Corporation is the world’s second largest semiconductor chip manufacturer based on revenue. Intel ranked 46th in the 2018 Fortune 500 list of the largest U.S corporations by total revenue. As reported by Indeed.com, Intel employees rate the company 4 out of 5 stars for compensation/benefits and 3.9 out of 5 stars achieving a work/life balance. Management positions average in the $150,000 range and include standard benefits such as PTO, vacation and floating holidays, and eight-week paternity leave.
Raytheon
The third-largest defense contractor in the United States as of 2015, Raytheon boasts more than 90 percent of its revenues obtained from military contracts. Established in 1922, Raytheon’s latest annual revenue reached $27.1 billion. Project Management positions at Raytheon average a salary of $99,000-107,000 and include generous benefits, PTO, and 401K packages. Glassdoor ranks Raytheon 15th place in its “Best Places to Interview” category, sporting a 78 percent positive response rate.
IBM Global Services
IBM Global Services has provided IT, management consulting, and outsourcing services since 1991. Its recent acquisitions of Bluewolf and Resource/Ammirati in 2016, as well as PricewaterhouseCoopers Consulting in 2001, point to potentially even more growth on the horizon.
According to Glassdoor, Project Management positions at IBM average $79,910 per year. Senior Consulting positions average $101,761. Managing Consultant positions average in the $150,0000 range. Glassdoor rates IBM employee overall satisfaction at 3.7 out of 5 stars on company culture, work/life balance, management, compensation & benefits, and career opportunities.
Conclusion
There appears to be no shortage of Phoenix metro opportunities for MBAs. Outside of the five Phoenix companies, readers would do well to consider investigating a few other Phoenix employers actively recruiting MBAs, including: American Express; Arizona State University; Deloitte Consulting; Honeywell; Bank of America; Wells Fargo; and JP Morgan Chase.
5 Most Affordable Pacific Northwest MBA Programs
The Pacific Northwest is not only a gorgeous place to live; it is one of the best places to work. Washington state is the fastest-growing state in the country and offers numerous job opportunities in everything from tech to finance and entrepreneurship. So, it should be no surprise that the area is also home to a variety of MBA programs.
Whether you’re looking at MBA programs in Vancouver, Seattle, Portland, or somewhere else entirely, there are many business schools to consider if you want a quality education at an affordable price. In fact, some affordable Pacific Northwest MBA programs can get you in and out with your MBA degree for less than $30,000, and all of our top schools get you a degree in less than $50,000.
Below are our top five most affordable Pacific Northwest MBA programs as well as a little bit about why we like them outside of their low tuition. Continue reading…
Top MBA Recruiters: Bowery Capital
Founded in 2013, NYC-based Bowery Capital is an early-stage venture capital investor that primarily backs SaaS (software-as-a-service) B2B (business-to-business) startups that develop innovative software that allows companies to optimize the role of a continually changing technological landscape.
Bowery Capital is a relatively small firm with less than 50 employees and it has three groups of four individuals at the center of its operations. These groups are the Core Team, the Venture Partners, and the Revenue Council.
Bowery Capital doesn’t just invest in companies—it also provides them the right tools to succeed. It helps these companies build a customer base, provides them with a “robust software infrastructure” to enable growth, and offers crucial support in finding the right talent. This support coupled with the expertise of a combined 50 years of collective experience is what makes Bowery Capital stand out to young companies on the hunt for potential investors.
Landing a Bowery Capital Career
Considering the kinds of startups in which Bowery Capital specializes, any experience that a job applicant might have in software, digital marketing, digital media, online advertising, product management, or social media would give said applicant an edge in the hiring process. Another valuable asset is a keen sense for possible areas of growth within the tech industry.
It should be noted that at the time this article was written, there are no job openings at Bowery Capital. While the company does offer internships for MBA and undergraduate students, there appear to be no openings for those positions.
Working at Bowery Capital
Since the firm is relatively young and small, it is difficult to say much about Bowery Capital’s workplace culture. Its website lists a 12-member team and Glassdoor reviews from former employees suggest that Bowery Capital has a regular stream of interns working there on a part-time, short-term basis.
According to Paysa, Bowery Capital employees make an average annual salary of $146,819, with $97,852 marking the 25th percentile and $179,767 at the 75th percentile. However, this data does not indicate the average salaries by position, so it is unclear how much an employee who recently graduated with an MBA would make.
Life at Bowery Capital
Bowery Capital has not published any employee demographics or statements about their workplace culture, but all reviews from former employees on Glassdoor are overwhelmingly positive. In particular, they are nearly unanimous in their praise for a positive atmosphere and the expertise of their supervisors. The only con was from a former summer intern who mentioned that they had not been paid for their work at the firm.
Paysa also offers some helpful statistics on workplace demographics. Fifty-six percent of Bowery Capital’s employees are white, while the rest declined to offer this information. About 89 percent are male with the remaining 11 percent declining to disclose their gender. However, of the 12 team members listed on the company’s website, 5 are women. Additionally, the Paysa information is based on fewer than 20 users, so both of these data sets are in all likelihood only a small portion of Bowery Capital’s workforce.
Bowery Capital only has one office in New York City, but they invest in companies all over the country, especially on the West Coast, which as you may have heard has a thriving community of technological innovators.
While half of the Bowery Capital team is based in New York City, four are based in San Francisco and two are based in Boston. With this in mind, it seems likely that a Bowery Capital career would likely be based in New York City with potential opportunities for travel.
A Guide to the Specialized Master’s in Accounting
Welcome to MetroMBA's Master's in Accounting Guide. While not a replacement for a traditional MBA program, a specialized Master’s in Accounting degree is ideal for professionals interested in working in public accounting and earning their CPA. At many top business schools, a Master’s in Accounting is focused on a career in corporate accounting or consulting, providing a strong knowledge base of accounting principles and business applications.
Scroll down to find some of the world's best Master's in Accounting degrees offered by the world's leading business schools: a list that continues to grow year by year. But first, what is a Master’s in Accounting, what does it take to graduate, and what career opportunities are available after graduation?
What is a Master’s in Accounting?
A Master’s in Accounting (MAcc) degree is hyper-focused on accounting. It is designed to prepare students for their CPA examination with a combination of graduate courses in accounting, management, tax, and leadership. The degree is designed for early career professionals with zero to five years of work experience, and want to pursue a career in corporate accounting. Students tend to be younger as previous work experience is not required and many students enter the program directly post-undergraduate school.
The degree dives into both fundamental and advanced subjects in accounting, including subjects such as tax research methodology, advanced auditing, corporate financial management, and ethics in accounting. The goal is to provide students with a deep understanding of the strategic role of accounting in business and society.
Graduates should be well versed in the fundamental concepts of accounting, effective accounting methods, and the knowledge required to pass the CPA exam. They’ll graduate with opportunities at one of the “Big Four” accounting firms (KPMG, Deloitte, PricewaterhouseCoopers, Ernst & Young) and advanced upper management positions.
Typical Coursework
Most MAcc programs jump right into accounting-focused curriculum with courses in accounting ethics, auditing, financial statements, tax planning and strategy, and more. However, there may be the opportunity for students to take more specialized accounting and finance courses such as those covering mergers and acquisitions or family wealth preservation.
Typical classes include:
- Corporate Financial Reporting
- Financial Decision Making
- Auditing and Assurance
- Business Taxation
- Financial Statement Analysis
- Business Law
Depending on the program, you may have the option to customize your coursework to a more specific area of finance. For example, you could choose to concentrate your curriculum in:
- Tax
- Auditing
- Forensic Accounting
- Management Accounting
- Accounting Information Systems
Program Accessibility
Most Master’s in Accounting programs tend to be shorter, requiring just 12 months to complete all requirements. Other MAcc programs may be slightly longer in length, up to two years, but typically that’s for a part-time program. Programs can be full-time or part-time, residential or online, it all depends on the exact program you choose. No matter the case, it’s typically an intensive and fast-paced program with a busy schedule.
Admissions into a MAcc program can vary based on the business school, but typically requires a high level of excellence in grades and test scores. Applications may consist of:
Applications may consist of:
- Resume (work experience ranges from 0 to 5 years, but averages around 0 to 2 years)
- Essay or Personal Statement
- Letters of Recommendation
- Academic Transcripts
- GMAT or GRE (averaging quantitative scores in the top 80 percent)
At minimum, applicants are expected to have a strong background in accounting, usually an undergraduate degree in accounting. Other common undergraduate majors include finance, business administration, and economics.
Typical Cost
The total cost of your Master’s in Accounting program will vary greatly based on the program you select. Tuition ranges from $25,000 to $85,000 for a year plus living expenses. In many cases, funding is available for MAcc students in the form of scholarships, fellowships, employer sponsorship (particularly from a Big Four accounting firm), and teaching assistantships. There are also loans and external financial support sources available.
Career Opportunities
The U.S. Bureau of Labor Statistics expects employment for accountants and auditors to grow 10.7 percent from 2014 to 2024, with about 142,400 jobs expected. Master’s in Accounting graduates are qualified to work as an accountant or auditor in the private and public sector. They can choose to take on specialized roles in financial analysis and budgeting or more managerial roles.
Graduates often go on to work in public accounting firms or for large financial institutions or government organizations. Potential employers include:
- PwC
- KPMG
- Deloitte
- Ernst & Young
- Grant Thornton
- Rothstein Kass
- BDO
- Capital Group
- Wells Fargo
- Credit Suisse
- Goldman Sachs
One thing to note is that Master’s in Accounting students typically earn less than MBA graduates, since they tend to have less work experience under their belts and a narrower range of skills. Projected salaries vary based on the exact career field but average around $69,350. The highest paid earn $122,220 while some of the lowest paid earn $43,020. Here’s how that breaks down:
Here’s how the salaries break down in terms of annual median salary (USD):
Financial Accountant: $53,740
Experienced Staff Accountant: $62,273
Audit Manager: $123,940
Intermediate Tax Accountant: $68,500
Information and Technology Accountant: $76,146
Financial Analyst: $77,280
Forensic Accountant: $80,066
The Top Master's in Accounting Programs
The McCombs School of Business at the University of Texas-Austin offers one of the most continually acclaimed accounting programs in the world. The school's Department of Accounting currently owns top honors in the U.S. for both its undergraduate and graduate accounting programs, according to U.S. News & World Report.
The McCombs MPA offers applicants three potential degree paths: the traditional, one-year MPA; an integrated MPA built for undergraduates that are also looking to earn a BBA; and an ECON-MPA for students attempting to earn a degree in Economics at UT Austin. Those in the traditional path must have an accredited Bachelor's degree. However, no work experience is required. A staggering 96 percent of MPA students at McCombs earn job offers before graduation, according to recent estimates.
The University of Illinois Gies College of Business offers two potential Master's in Accounting options: the traditional Master's in Accounting (MSA); and the Master of Accounting Science (MAS). The Gies accounting program is not only regarded as one of the best in the U.S. (currently 2nd overall on U.S. News & World Report's list of the country's "Best Business Schools"), but the best STEM-designated accounting program in the country as well. Two particular types of candidates are preferred for the undergraduate program: international students with an undergrad degree and U.S. students that do not have an accounting degree. MSA students enjoy a job placement rate of 98 percent with companies like KPMG, Deloitte, and EY, among others.
Students in the Master of Accounting (abbreviated as the MAcc) program at the the University of Michigan Ross School of Business, currently ranked 5th overall by U.S. News & World Report, typically see a 100 percent job offer rate within six months of earning their degree. As well, few schools can match Ross' placement efforts for the "Big Four" firms, with graduates earning roles at Deloitte, EY, PwC, and KPMG nearly every graduating year.
The USC Marshall School of Business offers one of the best Master's in Accounting program in the state of California, currently ranked 7th overall by U.S. News & World Report. The school's various accounting program offerings (MAcc, MAcc D+A and MBT) features 62 percent female students, with an average undergraduate GPA of 3.6, a GMAT average of 650, and a TOEFL average of 106.
NYU Stern's Master of Science in Accounting (MSA) is a one-year, 30 credit program currently regarded as the best specialized master's in accounting in the state of New York. Ranked 9th overall by U.S. News & World Report, the MSA currently enrolls 65 students, 60 percent of which are female, with an average GMAT score of 665 and a GPA of 3.56. These students typically had about 1.7 previous years of professional work experience prior to enrollment. In total, including tuition, fees, room, board, transpiration costs, and other miscellaneous fees, the cost of the program is currently $91,862.
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New Chicago Jobs for MBA Graduates
The Windy City is a major financial hub, serving as the home to several major corporations and multiple exchanges. However, Chicago can feel like an afterthought in the realm of finance, with New York and San Francisco taking up so much space in the current conversation.
In an effort to draw some attention to the many opportunities the Second City has to offer, this week’s jobs are all located in Chicago.
Top 5 Paying MBA Careers: Insurance
Insurance is a fast-growing career field. In the next 12 months, 63 percent of insurance companies plan to increase their staff numbers, according to a recent industry trend report.
In fact, by 2020, almost 400,000 insurance jobs are projected to be available. When combining that with the fact that millennials aren’t very interested in working in insurance—only a third demonstrate any interest—it’s a great career field to consider.
There’s a wide range of jobs, across a broad spectrum of career paths, within the insurance industry, and compensation is higher than average. Entry-level professionals can expect to earn more than $50,000 a year, and that number only increases as you gain experience.
In this article, we’re breaking down the highest paid insurance jobs, the companies where you’ll earn the most money, the top MBA programs, and where you should live. Continue reading…
News Roundup: New Boston University Online MBA, and More
Let’s take a look at some of the biggest stories from this week, including the new Boston University Online MBA at the Questrom School of Business.
Questrom to Offer Online MBA With edX in 2020 – BU Today
Boston University’s Questrom School of Business will partner with online education platform edX to establish an Online MBA, set to begin in 2020.
On news of the announcement, Boston University President Robert A. Brown says, “With the online MBA, we’re seizing the initiative to offer a major degree for which we believe there is global demand. Higher education must evolve in a fast-changing world. We aim to lead in this evolution.”
Applications officially open on August 16, 2019 and tuition will be $24,000 per year. edX was designed from researchers at Harvard University and MIT in 2012. Since its launch, it has gained more than 21 million users from every country across the world. Chrysanthos Dellarocas, Associate Provost for Digital Learning & Innovation, says, “Through this degree, BU opens itself to the world in a manner we haven’t done before.”
edX started offering Master’s programs last fall, including a master’s in analytics from the Georgia Institute of Technology and a master’s in computer science fro the University of Texas at Austin.
You can read here for more on the online MBA and on edX.
Should Investing be Left to Machines? – UC Davis Graduate School of Management News
Professor and economist Brad Barber of UC Davis Graduate School of Management recently weighed in on the question of the effect of human error in investments. Comprehending biases, he suggests, is the key to improving decisions.
Behavioral biases cost investors 4 percent per year, according to Barber. In a recent article in financial news publication Raconteur, Barber’s research was cited as was that of his colleagues. On the topic of bias and error in investing,
Barber’s colleague Craig Burgess says:
“We are pattern-seeking primates, which is useful for hunting prey, but terrible for complex tasks such as investing. So, we are now regularly prone to hundreds of biases, too deeply ingrained to overcome without removing the human from the process.”
‘Passive investments,’ or those completed via carefully designed software processes, are cheaper than investments performed by a fund manager, and absent of the inherent biases of humans. Many managers, however, argue that skilled ‘active investors’ can beat the effect of bias and error to greater effect than machine learning. For more on Barber’s research, read his profile. For the full Raconteur article, read here.
Save the Date for INTERSECT@CMU: Health Care Innovation – Tepper School of Business Events & Conferences
This year’s INTERSECT@CMU Health Care Innovation Conference will take place on September 13, 2019 at the Tepper School of Business. Registration opens in August.
Among the topics covered by this year’s speakers and panelists will be delivery methods, policy, and emerging technology. Last year’s INTERSECT conference was part of a two-day celebration to commemorate the opening of Tepper Quad. It was also the conference’s inaugural year.
From INTERSECT@CMU 2018 / Photo via cmu.edu/tepper
Opening remarks last year were offered by CMU President Farnam Jahanian and Tepper School Dean Bob Dammon. Jerome Presenti, VP of AI at Facebook, Inc. delivered a keynote speech. Panels covered the growth of smart machines in everyday life, along with the potential of blockchain to revolutionize economies.
To stay posted on this year’s speakers and panelists, visit the INTERSECT@CMU 2019 site.
Million-Dollar Gift for Veterans – USC Marshall News
The USC Marshall School of Business recently announced a $1 million gift from Andrew Tavakoli, MSBA ’86, which will lend support to the Master of Business for Veterans (MBV) program.
The gift will establish the Andrew Tavakoli Family Endowment for MBV Students, which will enable veterans who show exemplary leadership skills and academic performance to advance at USC Marshall. The MBV is a one year graduate program for veterans, active duty, and reserve personnel. It was created to allow vets and those currently serving to apply their military leadership and strategic skills in business settings.
“My hope is that no qualified veteran or active duty personnel would ever be prevented from joining the USC MBV program for lack of financial resources,” Tavakoli says of the gift. He is a member of Marshall’s Board of Leaders and the Los Angeles World Affairs Council. Along with a MSBA from Marshall, Tavakoli holds a BSEE degree in computer science from the University of Pittsburgh and an MBA from California State University Long Beach.
MBV Program Director James Bogle says:
“I truly appreciate Mr. Tavakoli’s support for our veteran students in the MBV program. In our conversations, it quickly became clear that Andrew recognizes the unique potential that former military leaders bring to the business community. “
Read here for more on the MBV and on Andrew Tavakoli.
5 Tips for Making a Meaningful Connection with Employers – Fox School of Business News
Janis Moore Campbell, Director of Graduate Professional Development for the Temple University Fox School of Business‘ Center for Student Professional Development (CSPD) recently offered some helpful hints on how to rise to the top of the applicant pool during your job search.
According to Campbell, the “experience of you that you promise” to an employer is just as vital as your GMAT scores or strong academic record when designing your resume. Most employers want to know what it’s like to work with you, just as much as how well you will perform on any given project.
Work compatability is an under-discussed but important factor when it comes to employment, according to Fox’s Janis Moore Campbell.
Campbell outlines the following guidelines in honing in on your brand.
- Take a realistic look at your presence on the Internet.
- What have others said or posted about you? How well do you come across in light of your future bosses?
- Use facts, not opinions.
- Recommend, as opposed to asking to be recommended – Strengthen your network by reminding others of your presence. One sure way to get others to remember you is by mentioning their accomplishments.
- Strategically volunteer in a capacity that is similar to your career goals.
- Participate in trade associations
- Attend events and publish articles in your areas of interest and expertise.
- Join a network through trade associations
For more on the CSPD and for links to their social media sites, click here.
