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May 16, 2017

Financial Times Reveals Top Finance MBAs for 2017

Financial Times top finance MBAs

The business end of business school has become a great cause of concern, particularly since the bubble burst in ‘08. MBAs need to be more technically adept and more comprehensively schooled to remain competitive in the financial services industry. As is the case with any major investment, the question is always how to get the most bang for one’s buck from whatever opportunity’s in play.

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Apr 25, 2017

Booth Announces University of Chicago China Forum

Chicago China

The Booth School of Business will host the University of Chicago China Forum 2017 on April 29-30 at Ida Noyes Hall on the campus of the university, the school has announced. The forum will cover topics ranging from economics and technology to investment management and entertainment. Continue reading…

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Apr 19, 2017

Big Data and Business: An MBA vs. Masters in Business Analytics

Big Data

2016 was the “Year of the Data Analyst.” According to the U.S. Bureau of Labor Statistics, the job market for various data analyst positions is growing far faster than average—around 27 percent annually. In fact, 85 percent of Fortune 500 companies have either launched big data projects or are planning to do so.

Big data, which refers to the practice of analyzing extremely large data sets to reveal trends and patterns, is reshaping the business world—and it’s here to stay. Companies like Google and Amazon have dedicated significant resources to big data, and a report by PWC estimates that the big data market for financial services is expected to increase to $53.4 billion in 2017.

As for the job market for data analysts, the McKinsey Global Institute estimates that by 2018, the U.S. could face a shortage of 140,000 to 190,000 workers with “deep analytical skills,” and 1.5 million managers and analyst with the necessary “know-how” to interpret and apply big data.

In sum, the increasing emphasis on big data in business translates to a growing need for workers who are able to analyze data and communicate the results effectively. Because employers want graduates who can do this work, many business schools are rethinking their curricula and integrating data science.

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Mar 16, 2017

Which Graduate Business School Students Have The Highest GMAT Scores?

GMAT Scores

Along with required work experience and undergraduate prerequisites, prospective MBA students also look at the average scores on the Graduate Management Admission Test (GMAT) for a certain school they are interested in applying to.

According the Graduate Management Admission Council, the exam is used as part of the admissions process for more than 6,100 graduate programs around the world. A GMAC study found that 261,248 GMAT exams were taken by prospective MBA students during the 2016 test year. The report also shows that less than 30 percent of scores were 650 or higher. The GMAT has a maximum score of 800. Continue reading…

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Mar 14, 2017

Booth Ranked 2nd In Latest U.S. News Part-Time MBA Rankings

Booth Ranked

According to the newest MBA program rankings from U.S. News & World Report, the University of Chicago Booth School of Business’ part-time MBA program came in ranked as the number two overall program in the nation. Continue reading…

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Mar 13, 2017

Chicago Metro International/Global Business MBA Programs

Chicago Metro

As the world becomes more and more interconnected, business becomes more globalized. With international business and global economies becoming increasingly important, prospective MBAs are looking for ways to tailor their education to fit these global mindsets.

The Chicago metro—home to some of the top business schools in the nation—is a great destination for any prospective MBA looking to breaking into international business. These Windy City business schools each offer specialized programs, concentrations, coursework and study abroad opportunities for students looking to develop international connects and understandings. Continue reading…

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