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Archive for the ‘Academics’ Category

Entrepreneurship Magazine, in conjunction with The Princeton Review, will be releasing its list of the top 25 graduate entrepreneurship programs in the country in their October issue, and Simmons College is on the list.  Simmons College is one of only two New England colleges listed.  View the full list here.

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This week’s issue of Businessweek is its annual focus on MBA Schools, and it has a fascinating article called “The Millennials Invade the B-Schools.” The opening paragraph sounds like it could be one of our students:

Sara Hochman, 27, has always been interested in environmental issues, so it wasn’t much of a surprise that her first job out of college was as an environmental consultant. But after a few years on the job, she grew frustrated working with clients who didn’t have a clue about sustainability and didn’t care to learn. “They simply weren’t interested,” she says. Part of the problem, Hochman concluded, was that she wasn’t able to make the business case for sustainability. “I needed to beef up my business skills,” she says. So she decided to attend business school, ultimately choosing the University of Chicago. Since enrolling last fall, she has immersed herself in green business activities—including co-chairing the Energy Club and taking a new elective on renewable energy that was added at the urging of Hochman and fellow students.

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Because of our recent graduation ceremony at the SOM, I was determined to find something to post that was graduate-related today, and the Aspen Institute didn’t let me down. They recently published a survey, “Where Will They Lead?”, which gages current MBA student’s attitude on the intersection between business and society. You can download the executive summary for free, or purchase the full report. Here’s the executive highlights:

  • Business students in 2007 are thinking more broadly about the primary responsibilities of a company. In addition to citing shareholder maximization and satisfying customer needs, more students are also saying “creating value for the communities in which they operate” is a primary business responsibility.
  • MBA students are expressing more interest in finding work that offers the potential
    of making a contribution to society. (26% of respondents in 2007 say this is an
    important factor in their job selection compared with 15% in 2002.)
  • That said, business schools and companies have not convinced them that
    environmental and social responsibility contribute to corporate financial success.
  • Although more students in 2007 than in 2002 believe it is very likely that they will
    face values conflicts on the job, the further they progress through their MBA program
    the less confident they feel that their business school training is preparing them to
    manage those conflicts.

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GMAT cheating scandal

It’s assumed that, for many–if not all–of the MBA prospects who prepped for their GMAT using ScoreTop, they were unknowingly cheating.  That’s because ScoreTop, and online GMAT tutorial tool, was using “live” answers–answers that were featured in recently-taken tests.  None of the reports I’ve read have shed light onto who was providing the live answers; rather, they have focused on the fallout and how it’s affecting prospective MBA students who have used the service.  Unfortunately, for those who weren’t privy to ScoreTop’s unsavory method of instruction, the news doesn’t look good.  Schools are taking this seriously and it may very well affect both prospective and current MBA students.  Read the articles on Businessweek, the first of which is here and follow-ups here and here.

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I don’t know how I missed this one, but thanks to Megha Bhutani for keying me into Businessweek‘s special report on “Graduating Into a Recession” from last week.  Topics include the job market outlook for recently-graduated MBA students, tips from students who have found jobs during a recession, and how a recession can actually help B-schools.  See the full set of articles here, which are fulltext and free to read.

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Maybe Kermit the Frog was right–that sometimes, it isn’t easy being green.  But with the steady increase of journals and magazines that come across my desk, it looks like the green movement is taking hold and mainstream culture has begun to embrace it.  This week, Newsweek magazine highlighted the green movement in their special section called “Leadership and the Environment”.  I’d highly suggest checking it out–it’s all available online and it features some wonderful articles.  From lessons we could learn about Iceland’s energy policies, to socially responsible business schools, to how the candidates stack up, this issue was certainly a highlight for my week.  See the link here to Newsweek‘s special section on “Leadership and the Environment”.

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The Chronicle of Higher Education has an informative article in its most recent issue titled “Cost and Red Tape Hamper Colleges’ Efforts to Go Green”.  While at first blush it may seem wholly negative in its coverage, the article has information about the future of LEED Certification as well as academia’s current perspectives on the issue.  Read the article online here.

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