Executives with an MBA: 5 Success Stories
A Look at the Numbers
Recently, MBA programs have received a lot of criticism. Many business leaders and experts have claimed that the necessity of an MBA to achieve success is a myth. However, while there are examples of successful people like Bill Gates, Steve Jobs, and Mark Zuckerberg, who didn’t complete university, there are also many examples of compelling executives with an MBA. Continue reading…
Wharton Exec Ed. Partners with Leadership Program to Revamp Advanced Management Program
The Executive Education Program at The Wharton School and the Wharton Leadership Program have announced that they have partnered to create the Executive Education’s flaghip Advanced Management Program (AMP). Continue reading…
Future of the Sports Industry Benefits from FIFA Scandal
In the wake of the FIFA scandal that has been plastering the headlines for the past few months, it’s almost impossible not to think about the future of the sports industry. In May 2015, U.S. Attorney General Loretta Lynch announced that she had conducted a long term investigation into FIFA, which had lead to the uncovering of over $150 million in bribes given to FIFA officials. The bribes uncovered were not only for the bids for the 2018 and 2022 world cup but go back to more than ten years ago.
The United States has indicted 14 people on corruption charges in relation to the FIFA bribes. Nine of those arrested were top FIFA officials. Several of the accused were arrested in Switzerland, near FIFA’s headquarters in Zurich. The prosecutors for this case used the accused’s reliance on American banks and American locations to conduct meetings as the basis for charging them in federal court.
The business of sports is a multinational multi-billion dollar industry. These recent arrests have set a new standard not only for the future of FIFA but for the future of the sports industry. New sports management leaders will have to be more transparent and better educated on business ethics and the business of the sports industry.
Tips for Getting Employer Sponsorship for Executive MBA
Many Executive MBA programs accept employer sponsorship to cover program costs. However, the number of companies that provide students with the financial sponsorship has been decreasing because of hard economic times. Poets & Quants reported that, “forty-one percent of EMBA students were fully self-funded in 2013, up from 34 percent in 2009” and that “only 24 percent of students received full financial sponsorship.” So how do students seek full or even partial employer sponsorship for Executive MBA programs?
During an Executive MBA webinar at The Wharton School San Francisco, Professor Peter Cappelli, shared advice on receiving sponsorship. Professor Cappelli explains that because employers are offering fewer sponsorship opportunities and less money than previously, it is important for students who are seeking sponsorship to make a solid case for why they deserve to get company sponsorship. Students should also figure out exactly who in the company that they need to contact about sponsorship because it is often times not your direct supervisor. Cappelli explains that students need to find the person “who has the authority to make the decision.”
Wharton Prof Listed in Best Business School Professors Under 40 List
Wharton Professor Keisha Cutright, has been named the no. 2 professor in Poets&Quants’ Top Business School Professors Under 40 list. Cutright teaches marketing at the University of Pennsylvania’s Wharton School of Business. Professor Cutright’s research focuses on the psychology of consumption, personal control and structure, branding, religion. She has authored and co-authored several published research paper in the field of marketing.
Fortune describes all of the professors on the list as having similar qualities, including, “They are all supremely well educated, highly talented researchers, exceptional teachers and, perhaps most important of all, they inspire students and their students inspire them.” The professors featured in the list are what Poets and Quants calls the “total package,” because of their “excellence in research combined with world-class teaching prowess.”
Wharton Welcomes New Director of MBA Admissions
The Wharton School has hired Frank DeVecchis as the new Director of MBA Admissions. Before his appointment to this position, DeVecchis was an academic advisor for around 200 Wharton MBA students. DeVecchis came to Wharton in 2009 as the Associate Director of the Wharton Fund. In 2011, he became the director of the Global Immersions Program and in 2013 he briefly served as the interim director of MBA Program Academic Affairs. He most recently served as the Director of MBA Academic Operations.
DeVecchis does not plan to make any big changes in the program immediately but will take time to find what he can do to improve it over the next few years. However, he does plan to make two immediate changes to the office by hiring a data analyst and a Senior Associate Director, who will be specifically focusing on the diversity of the applicants.
