Testing the MBA field
“Applications are read carefully so students need to be meticulous!”
(1)Anna Piekarski
SPECIAL TO THE STAR
As applications are being prepared for MBA (Master of Business Administration) programs, university officials have one message they would like students to heed: be meticulous – these applications will be read carefully. Read more
Taking the MBA plunge
Those who enter program now will be ready and waiting when economy and good jobs come back
Madhavi Acharya-Tom Yew
Staff Reporter
When the business world slows down, applications to MBA schools go up.
It’s no secret these are difficult times in the business world. Companies are cutting jobs and freezing hiring, and stock markets are way down.
Still, MBA schools say that applications are way, way up. Those who take the plunge into an MBA program, which can cost as much as $65,000 for Canadian students at top-tier schools, hope to acquire skills that will put them at an advantage when the economy rebounds.
MBA schools are doing their best to bring discussion of the latest events into the classroom – whether it’s falling stock markets, mass layoffs or directors who were asleep at the controls – as they help educate the next crop of business leaders.
At the Rotman School of Business at the University of Toronto, applications for the full-time MBA program at up by about 10 per cent to 1,500 this year. That’s for about 260 spots.
“People are thinking now is a good time to go back to school because it’s not a good time to get a job,” said Richard Powers, associate dean and executive director. “And they want to be in a better position to find an interesting job in an industry that they want that’s being compromised right now.”
In the part-time programs, which take three years to complete, the number of applicants is flat. These mid-career recruits would typically get financial support from their companies, as well as flexibility in their work schedules – two things that may feel like big requests these days.
To read the complete article:
MBA students must adjust their expectations
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Madhavi Acharya-Tom Yew
Business Reporter
The good news is that the big companies, banks and consulting firms are still coming to campus to recruit MBA students.
The bad news is that because firms are cutting their costs, they’re not likely to hire as many students as they do in the boom times.
That means the coming crop of MBA students will have to compete even harder for the few jobs that are out there. Read more
Important lessons
Socially responsible MBA graduates join the growing ranks of those giving back to community
Corina Milic
SPECIAL TO THE STAR
Elissa Beckett’s new company has a strict 90/10 policy – 90 per cent of revenue goes to charity; 10 per cent goes back to the company.
Not the most profitable formula for a woman who holds a master’s degree from one of the country’s top business schools, but Beckett’s bottom line has a few more tiers than most. Read more
International pupils are class acts
Foreign students make up half of Canada’s MBA enrolment and they pay a high price for `privilege’
Madhavi Acharya-Tom Yew
Business Reporter
Paolo Delano was drawn to Canada as a peaceful land of opportunity.
Nikhil Mathai was looking for the right school.
Mehran Redjvani came here so his fiancée could be closer to her family.
About half of all MBA students in Canada are international students. Whatever brings them to this country, one thing is certain: an MBA program is an expensive endeavour. Fees for international students can run as much as $80,000, compared to $65,000 for their Canadian counterparts. Read more
MBA Guide – Metro News
Metro News, ran an interesting supplement about the MBA programs.
The following are the links to and titles of the articles.
MBA degree can pay off:
http://www.metronews.ca/toronto/learn/article/358235–degree-can-pay-off
EMBA can be a juggling act
http://www.metronews.ca/toronto/learn/article/358232–emba-can-be-a-juggling-act
Sauder eyes health care courses
http://www.metronews.ca/toronto/learn/article/358217–sauder-eyes-health-care-courses
Blackberry program a hit
http://www.metronews.ca/toronto/learn/article/358208–blackberry-program-a-hit
Schulich opens campus in Mumbai India
http://www.metronews.ca/toronto/work/article/389627–york-opens-mba-school-in-mumbai
India Students applying for an MBA at York University’s Schulich school of business now have two campuses to choose from: One in Toronto — and one in Mumbai, India. Read more
Which MBA – 2009 MBA Rankings
From Economist.com
IESE, a Spanish school, tops The Economist‘s eighth annual ranking of full-time MBA programmes
Click here for the list.
Crackdown on China GMAT Cheating
Business school applicants who use Chinese Web sites to get a sneak peek at GMAT questions are having their scores revoked and being banned from retaking the test
Students who have tried to get a leg up on the Graduate Management Admission Test (GMAT) by visiting Web sites carrying illegally obtained test-preparation material may soon come to regret their actions. The Graduate Management Admission Council (GMAC) is aggressively pursuing more and more Web sites that illegally provide copyrighted GMAT materials to test-takers, as well as using high-tech gadgets to catch “proxy” test-takers who are hired to take the exam in place of applicants, the organization says. Read more