New York City’s Top 5 Highest Paying MBA Internships
MBA students are, likely, infinitely familiar with the hectic world of internships. “Another lowly internship?” may be a question that pops into the minds of many students as they advance into post-graduate education. But what they may not realize is that the right internship can not only provide a vital networking opportunity and a solid career foundation, but also an immensely high salary.
In New York City, a lucrative business school internship can prove important. Because of the city’s notorious cost of living, it might as well be required too. Below we’ve ranked some of the best paying internships for New York City MBAs to look out for.
What are the Most Successful MBA Startups of 2018?
Earlier this month, LinkedIn released its 2018 list for the Top Startups in the U.S. The list includes 50 of the newest successful startups in the U.S. Most specifically, the list analyzes young companies that are experiencing exceptional employee growth, increasing interest, member engagement, and talent. The social media platform used its network of 575 million members to see which startups commanded the most attention and had the most top talent. To be eligible, startups need to be less than seven years old, have at least 50 employees, and be privately held and headquartered in the U.S.
We decided to take a look at the list and see which of these year’s startups were founded by an MBA. This list is by no means exhaustive, but quickly we were able to find founders and CEOs with MBAs from top universities such as USC Marshall, Wharton, Harvard Business School, and Columbia Business School. Continue reading…
DMSB Keynote Speaker Encourages MBAs, New Startups, and More – Boston News
Let’s explore some of the most interesting stories that have emerged from Boston business schools this week.
Life is Like a Venture Investment, Biotech Entrepreneur Tells Business Graduates – D’Amore-McKim Blog
The Northeastern University D’Amore-McKim School of Business selected biotech entrepreneur Dr. Gerald Chan as the keynote speaker at the DMSB graduation ceremony last month.
Dr. Chan, whose private investment firm Morningside Group funds “life sciences startups that are working to discover new ways to treat disease,” implored the assembled crowd at Matthews Arena to “live a life that makes themselves and their loved ones proud” even if “life can be at times so scary and at other times so exhilarating.”
Dr. Chan shared a personal anecdote about his father’s refusal to accept a job at casino on ethical grounds: “Had he accepted that offer, our family would have become financially richer. But because he acted on his ethical principles against his own economic interest, my family can stand tall today.”
D’Amore-McKim School of Business graduates, during last month’s ceremony / Photo via damore-mckim.northeastern.edu
You can read the full article here for a complete overview of the ceremony.
Winning Paper Shows Network Effects Fuel Business Value and Upend Strategy – Questrom School of Business Blog
BU Questrom School of Business‘ Marshall Van Alstyne recently co-authored new research that finds that “platform businesses” that depend on high numbers of users like Microsoft, Apple, Uber, Google, and Amazon scale much faster by moving value creation from “internal production to external orchestration.”
In “Platform Ecosystems: How Developers Invert the Firm,” Van Alstyne and his co-authors conclude that this approach will reverberate through “every part of a business, from marketing to operations to human resources.”
“Instead of a firm doing all its own marketing, consumers can add value through viral marketing. Instead of AirBnB incurring operating costs of a hotel stay, ecosystem partners bear those costs.”
“Instead of hiring employees inside the firm, platforms rely on freelancers outside the firm. In each of these instances, the value-creating activity shifts from inside to outside the firm. This shift affects all of the traditional business functions. It also has profound implications for fair division of wealth in society.”
You can read the full article here and the complete paper here.
25 MIT Startups To Watch – MIT Sloan Newsroom
On Saturday, September 8, Bill Aulet, Managing Director of the Martin Trust Center for MIT Entrepreneurship told the crowd at the MIT Kresge Auditorium, “We’re not just going to be doing another dating app.”
“We’re going to be doing things like addressing inclusion in society, making a more informed citizen throughout the world, cybersecurity, mental health, urbanization, improving ed-tech, improving health care. These are significant problems that the brightest people in the world should be working on, and those people are MIT students.”
The ambitions Aulet spoke about were created from the 25 startups built within the MIT delta v accelerator, which you can check out here.
Coding Becoming a Priority for Columbia Business School MBAs
Like every other elite business school worth its salt, Columbia Business School (CBS) has seen a huge surge in student interest in programming and analytics courses.
It started three years ago when Costis Maglaras, the chair of the Decision, Risk & Operations division of CBS, oversaw development of a new analytics curriculum with the goal to ensure that students were being trained in quantitative, data-driven decision-making.
Maglaras couldn’t help but notice a major gap: There were few courses in computer programming, artificial intelligence, and machine learning.
He took it upon himself to help develop a series of MBA-level programming that included analytics-focused classes to give MBA students the digital tools they needed to become tech-savvy managers. In tandem with Maglaras’ efforts, the student-run Technology Business Group helped develop courses around the programming languages of SQL and Python.
Now more than a dozen elective programming courses have been launched across CBS, helping MBA graduates land management positions at Amazon, Facebook, and Microsoft. And the popularity of these courses is only growing.
“Taking those classes gave me a lot of confidence for my interviews,” says Neha Bansal, MBA ’18. She credits the new curriculum for helping her land a job at Google as a product manager due in small part to her Python expertise.
Bansal is far from the only student who’s reaped the benefits. There are now more than 300 MBA students at CBS who have signed up to learn Python—a highly marketable skill. The only problem: The classes have now become almost too popular.
More than a dozen coding language programs have recently launched for business school students at CBS, thanks in part to the student-run Technology Business Group.
The division hired additional faculty and to figure out how to integrate the new analytics programming more intricately into the overall curriculum. Across the board, CBS is seeing more MBA students interested in programming because, simply put, it’s what employers want.
For example, Citigroup recently announced it would train all incoming analysts in Python. Goldman Sachs has asked its traders to learn how to code. According to a recent Financial Times survey, “understanding digital impact on business” is one of the most important skills for an MBA and one of the most difficult skills to recruit.
“The reality is we’re living in a very data-centric world, and whether we like it or not it’s going to be an important factor in any decision-making process down the road,” Hardeep Johar, of the CBS Engineering School, says. “We need people to be savvy about how to use data analytics and artificial intelligence on all the important decisions of today.”
To read the full article and all about what Columbia Business School is doing to help prepare MBA students to embrace data analytics, visit the CBS website.
This article has been edited and republished from Clear Admit.
Finding the Top MBA Employers in Washington DC
Students interested in earning an MBA and working in Washington DC will find no end to the opportunities available. Whether you are looking for opportunities at a governmental agency, a local business, or a massive international retailer, Washington DC—with 15 companies making the Fortune 500 list this year—can provide the perfect environment for MBAs at the start of their careers.
Finding the Best MBA Internship Destinations in the Pacific Northwest
The Pacific Northwest MBA job market has been rapidly expanding for years. The region is packed full of corporate giants, technology startups, and many more lucrative companies MBAs know fully-well, such as Starbucks, Amazon, Boeing, and Microsoft. Continue reading…
