What is the Most Valuable San Francisco MBA?
There’s no doubt: San Francisco is a great city to earn your MBA. Located near Silicon Valley, business schools throughout the area provide not only an excellent education but also opportunities to interact with many tech and industry leaders in the area. But which MBA programs in San Francisco are the best?
This is not an easy question to answer. You can check rankings, to see which MBA programs perform well based on surveys and statistics provide to The Financial Times, U.S. News and World Report, and The Economist. And that’s a great place to start, but probably the most essential value when determining the right MBA program for you is your return on investment (ROI).
The ROI of an MBA program is one of the best indicators of what your MBA is actually worth. It looks at statistics such as average salary increase, post-graduation employment, tuition cost, cost of living, and more. To help you out, we looked in-depth at the best business schools in San Francisco to see which offer the best ROI. Continue reading…
California Job Growth, and More – Los Angeles News
We’ve rounded up some of the biggest news coming out of Los Angeles business schools this week.
California Gains 35,500 jobs, and Unemployment Falls to Record-Low 4.4% – Los Angeles Times
In a recent interview with the Los Angeles Times, Pepperdine University Graziadio School of Business and Management economist Dave Smith spoke about California’s remarkably positive streak of job growth, saying, “I don’t see how we can avoid decent wage growth, which is a positive thing for workers.”
“In Los Angeles County in January, employers added 7,200 jobs. In Orange County, payrolls rose by 4,300; in the Inland Empire they increased 2,000.” – Andrew Khouri, Los Angeles Times
You can read more about the story from the Los Angeles Times here.
Graduate Career Mentor Programs for Spring 2018 – CSULB Newsroom
The Graduate Career Mentor program for spring 2018 at the California State University, Long Beach College of Business and Administration kicked off on February 12th, continuing its work of connecting industry professionals with current CSULB graduate students. Currently, 20 graduate students in both the MS Supply Chain Management and Accelerated MBA program have mentors.
The program, which is overseen by assistant director of graduate business career services Michelle Levy, aims to pair current students with professionals to develop a strong mentor-mentee relationships. Not only will the mentor help students navigate through their business degree, but will also vastly expand their professional network, offering professional advice and helping discover new opportunities.
Click here for more information on the Graduate Career Mentor Program at CSULB, or to learn how to become a mentor yourself.
YouTube Will Add Information from Wikipedia to Videos About Conspiracies – The Verge
YouTube CEO and UCLA Anderson MBA alumni Susan Wojcicki has been dealt an unfortunate hand with her company; being forced to confront the rise of conspiracy theories.
Wojcicki spoke about the way YouTube is changing its methods at South by Southwest in Austin, saying, “When there are videos that are focused around something that’s a conspiracy—and we’re using a list of well-known internet conspiracies from Wikipedia—then we will show a companion unit of information from Wikipedia showing that here is information about the event.”
Buzzfeed technology reporter Ryan Mac recently discussed the issue in more detail on his Twitter feed, noting those utilizing the site to spread conspiracies tend to craft shady or out-right false information much faster than Wikipedia can counteract it.
.@SusanWojcicki “If there is an important news event we want to be delivering the right information.”
Minutes later she says, “We are not a news organization.”
— Ryan Mac (@RMac18) March 13, 2018
Find out more about Wojcicki and YouTube’s attempts to curb toxic conspiracies here.
Los Angeles News: Black Panther’s Success, UC Irvine Commencement, and More
We’ve rounded up some of the biggest news coming out of Los Angeles business schools this week.
‘Black Panther’ success amplifies findings of UCLA’s Hollywood Diversity Report – UCLA Newsroom
The immense success of Black Panther, the newest entrant into the Marvel cinematic universe, is pushing against the old Hollywood narrative that diverse casts often hinder the financial success of films, according to UCLA Anderson. Less than two weeks after its debut, the film has already grossed $400 million in the U.S. alone, with gross worldwide sales surpassing $727 million.
According to Forbes, the film is approaching the all-time pantheon of financially successful films:
This puts the MCU action drama’s 11-day domestic total at $411.7 million. Yes, it is already past Captain America: Civil War ($408 million in 2016) and Iron Man 3 ($409m in 2013) to be the third-biggest MCU grosser. And it’s pennies away from topping Wonder Woman ($412.5m in 2017). Once it tops Wonder Woman, presumably by the end of this sentence, Black Panther will be the fifth-biggest comic book superhero movie of all time in unadjusted North American grosses, behind only The Dark Knight Rises ($448m in 2012), Avengers: Age of Ultron ($458m in 2015), The Dark Knight ($534m in 2008) and The Avengers ($623m).
UCLA Anderson points out that the Black Panther box office success underscores its Hollywood Diversity Report, which it explains in full below:
UC Irvine’s Paul Merage School of Business Announces Experian North America CEO Craig Boundy as 2018 Distinguished Executive Commencement Speaker – UCI Paul Merage School of Business Newsroom
The Paul Merage School of Business at UC Irvine recently announced that the 2018 Distinguished Executive Commencement Speaker will be Craig Boundy, CEO of Experian North America. Over 670 graduates will be part of the event, including students from Undergraduate, MBA and PhD programs, as well as the first-ever graduating class of the Master of Finance and Master of Science in Business Analytics programs.
Boundy has a long career in business, with experience in marketing services, decision analytics and customer service. Beginning in a role with British Telecommunications, Boundy has moved through the ranks before joining Experian in 2011 and ultimately moving into the CEO role in 2014. “The opportunity to share my experiences and inspiration with the graduates from the Merage School is an honor,” Boundy said. “Our future success lies in our ability to develop agile leaders ho anticipate disruption and capitalize on creating new opportunities in the marketplace. The graduates from the Merage School are those leaders.”
Read more about Boundy and the Merage Commencement Ceremony here.
USC Marshall Online MBA Breaks Top Ten in U.S. News Rankings – U.S. News & World Report
After some considerable changes to the U.S. News & World Report Online MBA ranking, the USC Marshall School of Business online program jumped to the 8th overall spot—four spots higher than last year.
The school’s Vice Dean for Online Education, Sandra Chrystal, Ph.D, said, “We look forward to sustaining the success of the Online MBA program well into the digital future by maintaining our dedication to delivering an innovative, high-touch, advanced business education to accomplished working professionals who need online flexibility to stay on track while earning their degree.”
You can read more about the USC Marshall online program ranking here.
How to Turn an MBA into a Career with Tesla
Tesla, Inc. founder and the tech entrepreneur world’s newest shining beacon Elon Musk, a graduate of the Wharton School at the University of Pennsylvania, once pessimistically said, “As much as possible, avoid hiring MBA’s. MBA programs don’t teach people how to create companies … our position is that we hire someone in spite of an MBA, not because of one.” Continue reading…
Berkeley Haas Professor Sees the End of the “Easy Money” Era in U.S.
On the eve of the new House Tax Cuts and Jobs Act being passed by the U.S. Senate, Haas School of Business professor and Fisher Center for Real Estate & Urban Economics chairman Ken Rosen projected a slow end to the era of easy money, typified by “artificially” low interest rates and increased rates of home ownership, and a Bitcoin bubble, post-GOP tax plan. Don’t worry; you’ve still got time to get your ducks in a row.
Last month’s 40th Annual Real Estate & Economics Symposium was the site of Rosen’s annual economic forecast, titled “Peak Moment or Extra Innings?” While Rosen doesn’t foresee another recession on the horizon, he posited that the 9-year asset bubble that developed as a result of low interest rates “will come to an end when rates are normalized” in a couple more years.
When it comes to real estate, Rosen says industrial spaces are the hot ticket these days, due in no small part to the efforts of certain e-commerce titans—in fact, Amazon is credited with 60 percent of new warehouse construction. “Industrial is the new retail. There’s a big restructuring happening. Cannibalization is what we call it, and the cannibal lives in Seattle,” Rosen says.
Rosen says the new tax overhaul is expected to hit homeowners in California especially hard. “[The bill contains] a number of provisions that will hurt housing, including the property tax deduction limitation and limitations on mortgage interest deductions.”
The impacts of the bill extend to the larger California state economy, which is expected to take a “$38 billion bite from taxpayers if the state and local income tax deduction is eliminated.” Rosen explains that California will become “more tax disadvantaged relative to other states” as a result of the GOP plan and will accelerate “out-migration from California.”
New Stevens Research Explores Impact of Paid Family Leave
Often “derided as costly giveaways,” the Stevens Institute of Technology looked deeper into the economic benefits of paid family leave policies, finding a fairly surprising positive effect across the board.
Stevens Associate Industry Professor Dr. Joelle Saad-Lessler and economist Kate Bahn surveyed paid family leave policies in California by looking at SIPP data from 2001, 2004, and 2008, which “gathers information on people who provide regular unpaid care or assistance to a family member or friend who has a long-term illness or a disability.” At 6 weeks of partially paid leave, California remains only one of two states, along with New Jersey, to adopt and implement such a program.
Dr. Saad-Lessler explains that that the only federal policy on the books regarding leave—signed by President Clinton in 1993—stipulates that employees are entitled to 12 weeks’ unpaid leave. But there’s a vocal consensus about the need for access to paid leave, particularly with an increased aging population. “Access to paid leave is a crucial part of the ability to care for one’s own family beyond the immediate need to take time off with a new child,” they say.
Saad-Lessler and Bahn’s research, which was funded by the Center for American Progress, explored how young women’s wages were affected when new mothers and caregivers took leave. The researchers found that labor force participation increased 8 percent in the short term and 14 percent in the long run. While there was a decline in full-time work, as workers took advantage of being able to transition to part-time roles without losing access to paid leave, the notion of a mass workforce exodus “would be a crushing economic blow.”
Dr. Saad-Lessler concludes, “We have hit a threshold where families cannot manage their careers and their caregiving responsibilities without adequate work-life policy, including paid family and medical leave. As our results show, when families do have access, they are able to increase their labor force participation.”
