DeansTalk - business management education

Best Career Growth At BCG, Bain & McKinsey - Poets&Quants

Article by John A. Byrne

Three of the world’s largest MBA recruiters top a new list of the companies with the greatest career opportunities. Boston Consulting Group, Bain & Co., and McKinsey & Co. are number one, two and three in the new survey published today (Sept. 2) by Glassdoor.com...

Highest-Paid CEOs With MBAs - Businessweek

Article and Slideshow of Francesca Di Meglio

Relatively few MBAs will go on to become chief executives, but for those who do, the financial rewards can be huge. Those rewards got considerably less gargantuan this year, however. The top 10 CEOs of billion-dollar-plus companies who have MBAs collectively earned more than $278 million in the most recent fiscal year, down about 15 percent from last year's top 10...

Why the world is queueing up to sit the MBA

The Independent, 7 August 2011

The worse the economy gets, the more popular business degrees become. By Richard Northedge

More people than ever want to study for an MBA, the course first offered by Harvard more than a 100 years ago. The London Business School has had 3,500 applications for this month’s 400 places. Demand for business courses in the UK is up by 8 per cent.

Jane Delbene, the director of marketing at the Graduate Management Admissions Council, which sets the entry tests used by many business schools, says: “There’s an inverse relationship to the economy. When the economy’s down, people decide they want to go to business school.” ...

A resurgent M.B.A. jobs market - Matt Symonds(in Forbes)

Article of Forbes, August 3, 2011.

It looks as if confidence has finally returned to the M.B.A. jobs market,...

Recent Business School Graduates Covet Technology-Sector Jobs, Again - WSJ

Article of WSJ, July 18,2011

M.B.A. students from top-ranked schools are increasingly naming technology firms as their most-desired employers, according to a new survey, recalling the fervor of a decade ago, when the dot-com boom attracted plenty of freshly minted business-school graduates...

Financial Times Ask the Experts Jobs Clinic 2011

Last updated: June 29, 2011 4:51 pm

Welcome to the Financial Times Ask the Experts Jobs Clinic 2011. Are you an MBA graduate still looking for a job? Or are you a corporate recruiter, hoping to recruit MBAs this year? What skills can an MBA bring to your company?

Bruce Lane, vice-president of MBA Focus, the US-based recruitment organisation that specialises in MBA recruitment, answered your questions on Wednesday 29th June 2011.

Doors of opportunity open again for MBAs - Financial Times

Article of Della Bradshaw, June 27, 2011

...But the development that has taken most business schools by surprise is the strength with which banks and financial service firms have returned to the hiring trough...

MBA Jobs: Post-Crisis, a Brave New World - BusinessWeek

Article of Bloomberg BusinessWeek, June 16, 2011

Following Lehman's collapse, many big MBA employers cut back on hires from top schools, and a new crop picked up the slack

...more students have begun seeking nontraditional job opportunities and the job market for MBAs has diversified...The decline reflects an industrywide trend that has prompted business schools to better prepare students hoping for job offers from such firms...

MBA Pay: The $3.6 Million Degree (at HBS)

Article of Bloomberg Business Week. June 13, 2011

...For the third year, Bloomberg Businessweek asked PayScale, a company that collects salary data from individuals through online pay comparison tools, to use its database of MBA graduates at the top U.S. business schools to calculate their median cash compensation—salaries and bonuses—around graduation and after they have an average of 5, 10, 15, and 20 years of pre- and post-MBA work experience in the same industry. We then used those data to calculate an estimate of median cash earnings over the entire 20-year span.

Overall, grads from the 57 top programs earned an estimated $2.4 million in base pay and bonuses over the course of a 20-year career, according to the data. On the high end is Harvard Business School (Harvard Full-Time MBA Profile), where grads earned about $3.6 million...

Dean Roger L. Martin of Rotman (Toronto) - "The Nasty Truth about CEO Pay" - HBR

June 3, 2011. Harvard Business Review blogs.

Every spring, the Wall Street Journal publishes a CEO Salary Report, using a Hay Group survey to break down compensation levels for the CEOs of the 350 biggest publicly traded US companies. Every year, there is predictable outrage at the sheer size of the numbers, especially relative to the average worker. This year was no exception, though the criticism had a particular post-crisis bent: Why are CEOs making an average $9.3 million, up 11% over 2009, when the economy is still largely in the tank?...

Jobs Market Picks Up for Graduates - WSJ

Article of June 2, 2011, Wall Street Journal.

Financial-Services Companies, Consulting Firms Lead Hiring of M.B.A. Students After Declines

After two years of sharp declines in hiring, M.B.A. students are having more success landing jobs, and getting them earlier, than during the depths of the financial crisis...

For 2011 B-School Grads, a Low-Key Send-Off - BusinessWeek

Article of BusinessWeek, May 23, 2011, By Francesca Di Meglio

Corporate bigwigs addressing the B-school class of 2011 are tempering their optimism. The message: Work hard, add value, embrace change

Few corporate leaders have as rapt an audience as they do when they speak at commencement, that great rite of spring when graduates get to reflect on the academic life they're leaving behind and the challenges and opportunities ahead. And this year's crop of B-school graduation speakers is no exception. With the job outlook for both college business majors and MBAs improving, the tone this year was generally optimistic—with a healthy dose of reality thrown in for good measure...

Where the M.B.A. Jobs Are - U.S. News

Article of U.S. News, May 4, 2011

Hiring will be up in 2011, although b-school graduates can expect stiff competition.

 

GMAC - New MBAs See Better Job Market as Employers Turn Focus to Growth

May 10, 2011

 The job market for people with management education degrees has improved—and employers expect conditions to get even better during the months ahead, according to the results of a pair of annual international surveys released today by the Graduate Management Admission Council (GMAC).

The 2011 GMAC Global Management Education Graduate Survey reflects responses from 4,794 graduating members of the class of 2011 at 156 graduate business schools worldwide. Visit gmac.com/globalgrads for a report about the survey findings.

The 2011 GMAC Corporate Recruiters Survey includes responses from 1,509 employers from 905 companies in 51 countries. GMAC partnered with the European Foundation for Management Development (EFMD) and the MBA Career Services Council (MBA CSC) to develop the survey. A summary of the survey results is available at gmac.com/corporaterecruiterssurvey.

Danos Says 2010 Was Best Year for Placement of Tuck MBAs

May 13 (Washing Post with Bloomberg) -- Paul Danos, dean of the Tuck School of Business at Darmouth College, talks about his tenure at the school and the placement and success of Tuck graduates. Danos was reappointed to serve a fifth four-year term as dean on May 11. He speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." David Blanchflower, a Dartmouth professor and former policy maker at the Bank of England, also speaks. (Source: Bloomberg) (Bloomberg)

..initiative, professionalism, motivation, integrity, and the ability to deal effectively with pressure and unexpected obstacles.

In Search of the MBA Superman or Wonder Woman, Poets and Quants, John A. Bryne.

When corporate recruiters interview MBA students, what exactly are they looking for? And what do they ultimately expect when they hire an MBA?

From a list of desired traits, knowledge, skills and abilities, you’d think they were looking for Superman and Wonder Woman, according to a new study of employer expectations released yesterday (May 10) by the Graduate Management Admission Council (GMAC). The report is based on the opinions of 1,509 corporate recruiters who hire MBAs at 905 companies in 51 countries. Each survey respondent was asked to check off the five most desired traits or skills he or she wants to see in an MBA...

Techcrunch - 83% Of Startups Plan To Hire This Year (Up From 73% Last Year): Survey

83% Of Startups Plan To Hire This Year (Up From 73% Last Year): Survey, April 22, 2011.

Silicon Valley Bank this morning released Startup Outlook 2011 (PDF), a survey of startup perceptions.

The financial institution surveyed 375 U.S.-based, private, VC-backed software, hardware and cleantech companies, and found that startups are generally optimistic about current business opportunities and that they will continue to hire throughout 2011 to support the expected growth...

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We’re In The Middle Of A Terrible Blubble!, Michael Arrington, April 24, 2011.

UPDATE April 26, MarketWatch, WSJ: New Internet bubble gathering steam

More female MBAs, but little gains for equal pay

Fortune, April 22, 2011

Women are heading to business school in larger numbers than ever before, and at younger ages to boot. But how much are women gaining from the degree? ...

Dominic Barton, Global Managing Director, McKinsey & Company - podcast of Judge Bschool

19 April, Judge at Cambridge website   (cf. "Global Forces" post, Deanstalk)

Mr. Barton speaks about MBA recruitment towards the end of the podcast.

"successful people have more failures", "persistence is extremely important"

(Dominic Barton, Wikipedia)

MBA Students Give Career Services a New Assignment - BusinessWeek

BusinessWeek, April 14

B-school career offices chase a new breed of employer as students look beyond Wall Street...

NASSCOM - Global Immigration Trends, Challenges & Opportunities 2011

NASSCOM, with Fragomen as Knowledge Partner is pleased to announce “Global Immigration - Trends, Opportunities & Challenges - 2011”, an immigration workshop on employer responsibility, new global legislative developments and strategies for compliance at a time of ever increasing restrictions on the worldwide deployment of international personnel.

We had an interesting year where corporations were coming out of the recession and increased deployment globally in line with renewed client demand. In the last one year, we have seen more protectionist measures as well as new challenges. We have seen visa costs increasing and minimum eligibility requirements more stringent across the globe. Mobility and Immigration professionals have been working in tandem with government agencies and industry bodies to be able to address these new demands and be in compliance with the legal requirements.

This conference will enable attendees to obtain and understand a comprehensive overview of the current Immigration trends, challenges and best practices covering multiple international destinations for multi-national corporations. We have confirmations from embassies as well as government immigration authorities from major geographies to speak at the event. 

The program with details can be downloaded by clicking here. We look forward to meeting you at this seminar.

 

M.B.A. Programs Focus on Project Management

U.S. News, March 30, 2011

Employers clamor for students with project management skills

An M.B.A. no doubt bolsters any résumé and allows many students to walk through professional doors that would have otherwise been shut. But once an M.B.A. graduate has stepped over that threshold, their skills will be put to the test. And while many M.B.A. students may be well versed in the nuances of finance, accounting, and analysis, employers have recently indicated that they need a more diverse set of skills from many of these high priced employees.

Increasingly, employers in various fields are seeking workers who have a proficiency in project management. Skills like time management, the ability to implement strategic change, and cost management, among other...

Conferences - MBA Career Services Council

Events:

2011 Annual Conference	Conference	06/21/11 02:00 PM - 06/24/11 12:00 PM Mountain	Keystone, CO
2011 European Conference	Conference	04/10/11 05:30 PM - 04/13/11 02:00 PM British	Leeds, UK

Future Bodes Well for MBA Hiring

Article by: Alison Damast on March 10, 2011

MBAs should be heartened by the findings of a new report, which predicts that hiring in the finance and consulting sector should return to pre-recession levels beginning in 2012. The finance sector hired 22 percent more MBAs in 2010 and expects to increase hiring by 11 percent this year, while the consulting industry increased hiring by 19 percent last year, and plans to bump hiring up 37 percent this year, according to data from the QS TopMBA Jobs and Salary Trends report. The report was published by the QS World MBA Tour, a London-based company that organizes information and recruitment fairs for business school applicants. The organization surveyed over 5,000 companies in 36 countries for the report, released this week...

MBA Compensation Heads Up as Recession Wanes, GMAC Survey Finds

Median Salary Tops US$94,500; 93 Percent of B-School Alumni Employed

GMAC Press Release, February 10, 2011

Reston, Virginia—Compensation packages for MBAs who graduated over the last decade are continuing to grow as the global economy appears to be on the mend, according to research conducted by the Graduate Management Admission Council (GMAC), owner of the GMAT exam. The median base salary for business school alumni in the survey topped US$94,500 in 2010—well above the pre-recession level of US$89,000 recorded in 2007.
Download the Survey Report (254KB PDF)

Asia: MBA jobs market lifts off - FT

Financial Times, January 31 2011

If you are looking for a job, Asia is the place to be. This seems to be the unanimous view of headhunters, recruitment consultants and companies.

The latest Employment Outlook Survey by Manpower asked 64,000 human resource and recruitment managers around the world about their hiring intentions for the first quarter of 2011. The results show that India, China and Taiwan are the best places to look for a job in the new year...

M.B.A. Raises Earnings by a Third, Survey Finds - NYT

The New York Times/International Herald Tribune, January 31, 2011

M.B.A. increases earnings, British survey shows

Earning a master’s degree in business administration increases median earning power by a third. Men earn more than women. Bonuses seem to be coming back. And graduates of full-time, two-year courses earn on average 33 percent more than graduates of part-time courses.

Those are just a few of the findings in a survey of more than 2,000 business school alumni by the Association of M.B.A.’s, an organization based in London that accredits postgraduate business programs. The 2010 Career Survey, by the association’s Research and Consultancy Center, looked at salaries for...

Better Days Ahead for MBA Job Seekers - BusinessWeek

Article of BusinessWeek, January 24, 2011

With the MBA job market on the rebound, 2011 will likely bring good news, particularly for students seeking to enter consulting and financial services...

...Class of 2011 MBAs are also likely to face less job competition than their 2010 counterparts, who were competing against 2009 graduates for a smaller pool of entry-level MBA positions, says Elena Bajic, chief executive of Ivy Exec, a recruiting company focused on MBA job placement...

MBA Jobs: From the Dark Days to a Happy Present - Poets and Quants

January 14th, 2011

2011 MBA Job Outlook Bright - Businessweek/MBA Career Services Council

Post of January 13, 2010.

The summer internship hiring season is just beginning at many business schools and already things are looking up for first-year MBA students, according to the latest survey from the MBA Career Services Council.

Of the B-school career officers surveyed, 81 percent said they expected internship hiring to improve, up from 60 percent in 2009. The improved economic outlook is also boding well for other key hiring indictors like on-campus recruiting and full-time job postings, according to the survey, conducted this December at 79 public and private business schools worldwide.

In the latest survey, 63 percent of schools reported an increase in full-time on-campus recruiting, a sharp contrast from last year when 79 percent said they saw a decline in the number of recruiters visiting. Another bright spot? Full-time job postings are making a comeback, with 70 percent of schools reporting a spike in postings; last year at this time, 48 percent reported a decrease in this area.

The encouraging hiring picture comes as business schools have changed some of the tactics they use to help students find employment. For example, this year 64 percent of schools said they saw an uptick in direct referrals of students to employers. Additionally, 58 saw an increase in alumni-initiated hiring of students...

The Future of Graduate Management Education - Julia Tyler, Executive VP, Graduate Management Admission Council

With the decision now taken to increase undergraduate tuition fees, the implications for graduate management education will soon be apparent. Will postgraduate students be willing to pay the fees currently charged when also facing up to £25,000 of undergraduate debt? Will the increase of undergraduate fees impact the uptake of postgraduate qualifications? Will post graduate fees increase? Whatever the future holds, it is clear today that not only are graduate students willing to pay - they get personal returns – but the economy benefits from graduate management education as well.

The results of a recent global survey of graduate management alumni from the class of 2010 by the Graduate Management Admission Council (GMAC) clearly indicate that they place a high value on their education. By September 2010, 88 percent had a job and some three-quarters of those said they could not have obtained their job without their graduate business degree—the same proportion as the class of 2007 alumni, who entered the labour force in a booming economy.

GMATCH Virtual MBA Fair Attracts 1,750 Prospective Students from 136 Countries

Reston, Virginia (21 December 2010)—A virtual business school information fair hosted last month by the sponsor of the GMAT exam gave 1,750 prospective MBAs from 136 countries a unique chance to meet with representatives from dozens of the world’s top business schools.

Experts Predict Slow Growth but Competitive Recruiting in 2011 - Ere.net

Article of Ere.net, Dec 30, 2010,

Slow growth, hesitancy, and nervousness will continue into 2011, but the competition for employees will continue to be vigorous for many positions.

That’s the upshot of what a panel of recruiting leaders, consultants, and professors are saying. Their detailed advice for corporate recruiting leaders is in the December 2010 / January 2011 Journal of Corporate Recruiting Leadership...

Earning potential varies across Europe (business school alumni) - FT.com

Article of the Financial Times, December 6, 2010

Corporate recruiters go back to school

Opening paragraphs of an article of The Financial Times, by Della Bradshaw, June 3 2007.

Industrial companies have traditionally favoured hiring “second-hand” MBAs – those who have cut their teeth in banking or management consultancy and want to move on. Now, this is changing.

In spite of recent concerns in the business school world that MBA degrees do not teach students skills that companies need, recruiters are increasingly giving the professional services firms a run for their money when it comes to recruiting newly minted MBAs directly from business school. These days companies such as BP, BT, Google, Pepsico, Samsung and Shell are names as familiar on the business school campus as investment banks and management consultancies.

The sea change came with the classes that graduated in 2002 and 2003...

Wall Street Adjusts as Top Hires Flee

Opening paragraphs from an article of The New York Sun, May 29, 2007

Congratulations to the class of 2007: It is an excellent year in which to venture forth into the real world, and even onto Wall Street. For the very best and brightest among you, the bulge bracket firms (aka the really big guys) are hiring like mad. For the traditional entry-level position of "analyst," the firms are paying a base compensation of about $70,000, with a bonus of anywhere between $65,000 and $95,000. Not bad, right?

Not bad, but, astonishingly, not good enough. These days, the Wall Street firms are struggling to keep their top hires, many of whom move onto the greener pastures of private equity and hedge funds after their obligatory two-year stints.

The vexed issue of MBA league tables

Excerpt of article from CNN, April 10, 2007

LONDON, England (CNN) -- Another new survey of business schools, this time exclusively in the U.S., has confirmed one increasingly evident fact for those considering an MBA -- there is a clear elite in the field.

The top of the list of graduate business schools produced by U.S. News and World Report sees a series of names familiar from other, similar league tables.

In top place comes Harvard Business School, followed by Stanford, the University of Pennsylvania's Wharton school, MIT's Sloan and, in joint fifth, the Kellogg school at Northwestern University and Chicago.

Other well-known names -- Tuck, Haas, Columbia, Stern -- follow to make up the rest of the top 10....

Finance - All downhill from here?

Article from eFinancialCareers.com, March 8, 2007

Markets may be plummeting but profits – and pay – for finance recruiters remain robust.

“The general feeling is that some of the smaller recruitment firms are having to offer big pay increases,” says Simon Hughes, a consultant at Strata Search, a headhunter of headhunters (‘rec to rec’) firm. “Consultants who would have earned a £30k base two years ago are now on £50k.”

Rising pay reflects recruiters’ rising profitability. Last week Michael Page and Robert Walters reported pre-tax profits up by around 50% year-on-year on the back of strong global demand for lawyers, accountants and finance staff.

Hays announced a more modest six percent rise in profits, but revealed it was purchasing IT in finance and pharmaceutical recruiter James Harvard for an impressive £24m upfront, followed by £19m over three years.

How much longer will finance hiring stay firm? Matthew Earl, a recruitment industry analyst at Investec, says City recruiters should be able to cruise through the remains of 2007 without too much trouble, and that 2008 looks fairly good too.

“We think conditions should be good for one to two years,” says Earl. “You’re seeing much higher jobs growth in the financial services sector than elsewhere in the economy and there’s a huge shortage in the supply of skilled labour.”

Individual recruitment consultants are likely to profit from this state of affairs, but by less than might be anticipated. Recruiters are increasing salaries, but Hughes says they are also increasing the benchmarks that need to be reached before commission is paid out. “A rule of thumb is that everyone gets a third of what they invoice, but only above a certain threshold – typically three times salary,” he says.

Booming markets triple value of CEO options

Excerpt from article of Management-Issues, 01 Mar 2007

Not content with bumper pay rises and soaring bonuses, some American chief executives also saw the value of their stock options more than triple last year, thanks to the booming stock market.

A study by consultancy Watson Wyatt has found U.S chief executives across the board, but particularly those at higher performing companies, saw considerable increases in the value of their unexercised stock options last year.

The finding comes against a background of rising concern about CEO remuneration and compensation, with even President Bush criticising the excessive salaries and bonuses of some corporate bosses.

Last month, a study by the Economic Research Institute and the Wall Street Journal's executive careers' website CareerJournal.com reporting that top U.S executives saw their salaries and bonuses rises by nearly a third last year....

US - Women Outpace Men In Number of New Jobs

Excerpt from article of CareerJournal of the Wall Street Journal, February 21, 2007

Women took on slightly more than half of U.S. jobs created in the first part of the decade and made gains in securing the most lucrative openings.

Women posted a net increase of 1.7 million jobs paying above the median salary, while men gained a net increase of just over 220,000 of such positions, according to a Bureau of Labor Statistics report for the years 2000-2005.

Overall, men gained 1,804,000 jobs and women 1,996,000, or 52.5% of the total increase, for the period studied.

Women outpaced men in obtaining work that pays in the top quarter of all jobs, primarily positions in the health-care, financial and managerial fields, according to the report. At the end of 2005, 1.1 million more of those jobs were held by women, while 200,000 fewer men held such jobs as widespread layoffs cut manufacturing employment. But the wage gap persists: In 2005, the median weekly pay for women was $486, or 73% of that for men -- $663.

The BLS report by economist Randy Ilg found that from 2000 through 2005, service jobs accounted for the largest portion of the net 3.8 million increase in wage and salary positions...

Google: Fortune's New No. 1 Best Company to Work For in America

Fortune's 100 Best Companies to Work For 2007

Why expats want a piece of the India story

Article from The Financial Express, January 01, 2007

Recruiting foreigners is a trend spreading across sectors like IT, finance, manufacturing, infrastructure and retail.

With foreigners of every nationality now willing to be a part of the India story—for 2-3 years at least..

...In Bangalore, IT bellwether Infosys is recruiting straight out of the American and British universities–it took 300 graduates this year from the US and will recruit 25 grads from the UK in 2007...

Wall Street Bonuses May Reach Record High

Article from CollegeJournal from the The Wall Street Journal, December 21, 2006.

Wall Street will pay a record $23.9 billion in bonuses this year after investment banks raked in profit from global expansion and demand for alternative investments such as hedge funds, according to an estimate released Tuesday by New York State Comptroller Alan Hevesi.

The bonus forecast is 17% higher than last year, Hevesi added. The average bonus this year will be $137,580, 15% up from 2005, he noted.

Bonuses will range from a few hundred dollars for support staff to tens of millions of dollars for key executives, Hevesi said. Last week, Morgan Stanley Chief Executive John Mack got a bonus of almost $40 million.

"The securities industry had another great year in 2006, with some of the largest firms having their best year ever. This translates into record year-end bonuses and great news for the region's economy," Hevesi said in a statement.

Total annual wages in the securities industry grew by an estimated 49% since 2003, Hevesi said. See history of Wall Street bonuses (12KB)...

 

B-school grads prefer profile to pay package

Article from The Financial Express, November 24, 2006.

An overwhelming 95% of India’s leading B-school graduates are willing to forego hefty pay packages for the sake of a job profile of their choice, even though 79% of these students are keen on working offshore right at the start of their career, according to an Assocham Business Barometer Survey.

The survey was conducted among 271 students of top B-schools which include IIM (Kozhikode), Indian Institute of Foreign Trade, Institute of Management Technology (Ghaziabad), Symbiosis Institute of International Business (Pune), Xavier Institute of Management (Bhubaneswar), ICFAI Business School, and Birla Institute of Management Technology.

Joining the $100,000 club

Joining the $100,000 club, October 23, 2006, By Peter Walker for CNN

CNN) -- Taking an MBA at a top business school is a classic route to boosting your salary.

And now, according to a new survey, those who take the right MBA can demand a basic salary of $100,000 or more as soon as their studies are over.

The eye-catching figure comes in a major poll of MBA students and recruiters around the world for Business Week magazine.

The European Institute of Technology

Povl Tiedemann, Head of Department, Danish Business Economists

Comments on COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN COUNCIL, The European Institute of Technology: further steps towards its creation, Brussels, 8.6.2006 - COM(2006) 276 final. PDF (152 KB)

In connection with launching and developing the initiative of European Institute of Technology (EIT), intensely supported by President José Manuel Barroso, following elements should be considered:

With network communities having an increased influence in future world economy, it will be necessary to nourish initiatives as the Airbus and the cooperative development projects of the European automotive industry through relevant attachment to joint research forces, as presently under establishment under the auspices of the EIT. Additional links to CERN could be most appropriate.

The proposed structure organized within the framework of Knowledge and Innovation Communities (KIC’s), under the strategic direction of a Governing Board may contain insufficient leadership possbilities. Thus it is strongly recommended to intensify leadership and structure profile to create and sustain adequate commitment and identity. Future world economic development will demand new priority paradigms additional to traditional technologies. Thus the EIT initiative portfolio should adapt trans disciplinarily and multiculturally, thus including the business and service sector together with elements from the humanities as relevant focal points.

For inspiration, please visit http://www.stanford.edu/group/dschool/ (Big Picture, 03 Multidisciplinary Approach) together with www.globalisering.dk publishing the Danish approach to the future challenges of Globalization. Modernising and reforming the professional career and functional conditions in general for the academia will be relevant as part of developing the EIT. This will not only comprise incentive measures and packages, however, focus should also be set on professional conditions as key elements of development.

With Business School competences as relevant platform for the development of cross cultural and trans disciplinary faculties, it is advisable that the Business School Community be represented in the management structure – politically as well as operationally – thus participating in the development of the strongest possible governance process and structure. The above has been communicated to the EU, Directorate-General for Educationand Culture together with Commissioner Jan Figel.

Demand for MBAs soars in London

Demand for MBAs soars in London, MBA4success

London has always been a mecca for the business world's most talented MBA graduates, and recent trends indicate that graduates feel that there are superb opportunities citing to colleagues that the 'streets are paved with gold'. London has always scored high in preference among MBA graduates. Particularly in finance, larger numbers are targeting the City with its fast-paced lifestyle and telephone number salaries. For example, starting salaries for recent graduates of London Business School going into finance have reported $102k + signing bonuses.

The war for talent

The Economist: A 15-page study, "The war for talent", was published last October 5th.

The battle for brainpower is the first part of the study (available without subscription).

A discussion with Adrian Wooldridge, Washington Bureau Chief of The Economist

"There is intense competition at the moment to hire the most talented and most intellectually able people ... We have a shortage of talent both within countries and between countries, and there is an intense battle between companies trying to hire the most talented workers and also between countries which are looking to recruit talented young immigrants.”

Listen to the audio interview ( 8.13MB)

• Play or Download MP3

Top 25 European Businesswomen

The Financial Times and Financial Times Deutschland have announced their third annual ranking of the 25 most important businesswomen in Europe.

Ana Patricia Botin is number one for a second year running.

Ana Botin was previously mentioned in a previous post of BizDeansTalk

This representation of the top 25 requires Macromedia Flash Player 6 or higher

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You read it here first - The Times

MBA is a public private party,  September 5, 2006 The Times

AN MBA is about much more than a piece of paper. It’s not essay marks or assignment results that define participants’ success: it’s whether or not they finish the course with the skills, experience and contacts that will help them to develop their careers and their organisations.
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Does the public sector need a special MBA?, September 5, 2006 The Times

A handful of business schools offer specialised MBA programmes for the public sector, including Birmingham, Nottingham and Warwick... But Jeanette Purcell, chief executive of the Association of MBAs, says that this specialist market is static. “They were established some years ago in response to the market, but demand isn’t growing.”
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Study where the money is, August 31, 2006, The Times
Steve Little, a Brit who recently graduated from Tuck Business School in the US, took some classes in the US and UK before deciding where to apply. “The energy in the classroom is just at a higher level in the US. You got a real feeling that anything is possible; there is a buzz that I just didn’t get in the UK.”