- UCLA’s Anderson School of Management, in honor of its 75th birthday, was awarded a $25 million gift from John E. and Marion Anderson, longtime supporters and namesakes of the Anderson School. The gift is the largest in the school’s history and brings the total gift amount from the Andersons to nearly $42 million. According to an Anderson Alumni Relations email, “This remarkable gift will enable us to chart that future by investing in research that advances management thinking and practice, curriculum initiatives that prepare our students to become global leaders, and student support that attracts the most talented candidates from around the world.”
- In September 2011 University of Chicago Booth School of Business will begin increasing the scholarship support it gives to U.S. military veterans who are admitted for study on the school’s full-time MBA program. An article in The Financial Times, “Chicago Booth Increases MBA Scholarships to the ex-military,” explains how all veterans who are deemed eligible will receive $10,000 a year in scholarship support for the two-year degree, and the Department of Veterans Affairs will then match this funding with an additional $10,000. Associate dean for student recruitment and admissions, Kurt Ahlm, notes, “We are delighted to offer this additional support to veterans because they bring a unique depth and maturity to the MBA experience, enriching Chicago Booth and their classmates.”
- According to the The Wall Street Journal article, “Bringing Creativity into B-schools,” business schools are increasingly looking to the arts for inspiration in their classrooms. Watching films, painting in class, and reading comic books, are some of the ways that professors encourage students to think creatively. This new direction has led to certain schools offering courses, concentrations and even specialized arts management MBAs for students looking for more artistic job opportunities. An example of such a program exists at the University of Manchester in northern England, where the business school and the School of Arts, Histories and Cultures collaborate on a two-year-old joint master’s degree in arts management. In addition, Cambridge’s Judge School has an MBA where students can concentrate in culture, arts and media management.
- In the last four years, the number of business schools accepting the GRE General Test for MBA admissions has quadrupled. Educational Testing Service (ETS) announced that more than 500 MBA programs around the world now accept the GRE. Recent additions to the list include: the University of Missouri, Temple University, Case Western Reserve University, and the University of Oklahoma. In fact, the GRE General Test is now being accepted by 52 percent of the U.S. News & World Report top 100 U.S. MBA programs. International additions include INSEAD, Central European University Business School, and Caucasus University.
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