Morgan Stanley Still Loves MBAs and the Feeling Is Mutual
Though interest in finance and accounting careers may be decreasing, gaining a job at an investment banks such as J.P. Morgan Chase, Goldman Sachs, and Morgan Stanley is still attractive for many MBA graduates. In 2018, a career in finance is the third most sought-after industry, according to a recent Graduate Management Admission Council (GMAC) study. Part of that reasoning is due to the high annual base salary ($115,000), which is this third highest, only behind general management ($125,000) and IT/MIS ($120,000).
So, what does it look like to work for a company such as Morgan Stanley as an MBA graduate? Is it your golden ticket to the future in 2018? We’re taking an inside look. Continue reading…
Lehigh MBA Success, and More – New York City News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Extraordinary Outcomes for Lehigh’s 1-MBA and M2 Programs – Lehigh College of Business and Economics
This past spring saw Lehigh graduates from the College of Business and Economics’ inaugural 1-MBA (1-year full-time MBA) cohort, as well as the third cohort of its M2 (MS in Management) complete the transition from the classroom to the boardroom.
Employers like Tesla, QVC, and Hubspot snatched up 1-MBA graduates while Amazon, Bloomberg, IBM, KPMG, and more extended offers to nearly 80 percent of M2 graduates. This statistic is very much in line with figures from the 2017 graduates of the M2 program—96 percent of which were employed within three months of graduation by the likes of Deloitte, Vanguard, IBM, and Amazon.
You can read more about the recently Lehigh MBA success here.
School of Management Students Provide Support to Businesses Looking to Export – Binghamton SOM Blog
This semester, Binghamton SOM students took part in the six-month ExportNY “Launch into the Global Marketplace” program, a unique offering that adjunct assistant professor founding director of the Center for International Business Advancement (CIBA) Elena Iankova developed to help give “regional businesses [the] knowledge and resources needed to export their products.”
The basic idea that underlies the “Launch into the Global Marketplace” program is that students research, consult, and support the export plans of participating businesses. Iankova explains: “It’s a two-way street. The students provide the companies research assistance and consultation, and the companies provide the students real-life experiential learning opportunities, helping them develop their management research and consulting skills.”
The program is a partnership between the CIBA and the Alliance for Manufacturing & Technology (AM&T), the Global New York Program of Empire State Development, and the U.S. Commercial Service and the Small Business Administration.
One of the participating companies, Awestruck Ciders, “produces hard ciders from NY state apples” and hopes to export its product to the South African market. Co-founder Patti Wilcox writes: “We think it’s important to the local economy to expand our view of the market on a global scale. We’re fascinated by this idea of an international cultural exchange, and we think doing so commercially is very valuable.”
You can read more about the program here.
The Endless Scroll: How to Tell if You’re a Tech Addict – PC Mag
Just recently, PC Mag dropped its lengthy article “The Endless Scroll: How to Tell if You’re a Tech Addict,” written by Rob Marvin.
In the piece, Marvin highlights Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked from NYU Stern School of Business professor Adam Alter, who doesn’t mince his words when it comes to tech addiction.
“There’s a myth that there’s something different about people with addictions from people without addictions,” Alter explained in his interview with Marvin. “Right now, if you are a person who doesn’t have an addiction, does that make you in some qualitative or categorical way different from people who do? The more I’ve studied this, the more I realized that just isn’t true.”
“Right now, if you are a person who doesn’t have an addiction, does that make you in some qualitative or categorical way different from people who do? The more I’ve studied this, the more I realized that just isn’t true.” – NYU Stern professor Adam Alter, interviewed by PC Mag / Photo via PC Mag
You can read more from Marvin’s excellent piece, out now, over at PC Mag.
Bloomberg Businessweek Praises Rutgers, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Bloomberg Ranks Rutgers MBA No. 1 in the Northeast in Job Placement – Rutgers Business Blog
In its “Best Graduate Business Schools of 2017 ” survey, Bloomberg Businessweek ranked Rutgers Business School (Newark, New Brunswick) as the top business school in terms of job placement within the Northeastern United States,. coming in second overall in the United States. Andy Heller, RBS MBA ’11 and current senior associate director of payor and health system marketing at Boehringer Ingelheim sang Rutgers’ praises in terms of preparing him to succeed in the corporate world.
“That kind of experience has helped me each and every day since graduation. Having diverse perspectives on our team ensured that our solutions would be differentiated, yet relevant, and impactful,” Heller notes.
In addition, RBS topped its fellow Big Ten competitors when it came to return on investment, narrowly edging out the University of Iowa College of Business, and Northwestern University’s Kellogg School of Management. The latter of which offered a higher multi-year ROI for potential MBA students, but cost much more in terms of tuition.
Read more about Rutgers’ rankings and accolades here.
Are You a Good Fit for the Executive MBA/MS in Healthcare Leadership Program? – Johnson Business Feed
The Executive MBA/MS in Healthcare Leadership program at Cornell’s SC Johnson School of Management “integrates the general management curriculum of Johnson’s Executive MBA programs with the deep healthcare expertise of Weill Cornell Medicine’s Healthcare Policy and Research Department.” The joint program was developed to “reflect the future of healthcare” and help “sharpen and deepen the skill sets of healthcare professionals through business and healthcare leadership education,” according to the school.
“Today’s healthcare leaders need to be open to knowledge from different vantage points so they can advance progressive healthcare agendas, locally and nationally. Many healthcare leadership programs are exclusively for physicians. However, as we developed this new program, the physicians we spoke to expressed interest in an executive healthcare program that welcomed non-clinicians from different sectors of healthcare—not just practitioners.”
Take a look at the makeup of the Executive program below:
You can read here to learn more about what the program looks for in terms of applicants.
Rewiring Hidden Biases for Better Outcomes – Gabelli Connect
Fordham University’s Gabelli School of Business recently hosted a talk by Harvard professor of social ethics Mahzarin Banaji who unpacked the hidden biases of well-intentioned people—that is, “the beliefs that live in the subconscious and are formulated due to various exposures throughout one’s life.”
Banaji explains:
“A bias is nothing more than a tilting away from neutrality. There’s bias in the mind of the receiver and the applicant. We have to work with the very groups that are holding themselves back and educate those who are holding them back. We are capable of change by how many times we stretch those muscles.”
Learn more about Banaji’s take on unconscious biases here.
The Many Dual MBA Options at the Rutgers Business School
The benefits of an MBA education can often go far beyond just the business world. From medicine to law, a number of industries and professions can utilize and benefit from the skills of an MBA graduate. At the Rutgers Business School, Newark and New Brunswick, there are a number of degree programs that can be paired with an MBA, giving students the chance to take their business training into a variety of fields. Below, we provide a snapshot of the many Dual Degree programs available for Rutgers MBA students.
Harvard Debuts Joint MBA/MS in Engineering Degree
Harvard University today becomes the latest to throw down the gauntlet in the quest to provide preeminent leadership to the ever-growing tech sector—announcing the launch of a new joint master’s degree (MS/MBA) program between Harvard Business School (HBS) and the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS).
Want To Become A Budget Analyst? How An MBA Can Help
Managing a budget can sometimes be a difficult task—even when it comes to your personal finances. It’s no surprise, then, that large companies require skilled individuals to analyze, manage and make important decisions based on finances. That’s where a budget analyst comes in.
