In the fall of 2008, when Lehman Brothers went kaput and the economy plunged into a deep recession, Yash Gupta was scampering around the country trying to drum up support for a new business school at Johns Hopkins University.
The phones in Stanford University's Business School admissions office aren't ringing as often as they did. The number of applicants showing up at the school's information sessions around the world is down as well. For Derrick Bolton, who racked up 240,000 miles of flying last year as director of admissions, it has meant an even heavier schedule than usual to drum up interest.
When Janet Stark finally gets around to building her own website, the admissions consultant will run it with the headline, "I've been accepted to Harvard Business School over 50 times!" Her students are a bit less open.
Some people view an MBA degree the same way that Charlie thought about his Golden Ticket in "Willy Wonka and the Chocolate Factory": They believe a piece of paper can magically transport you to a place you only imagined.
CNN's Fredricka Whitfield talks to Jason Ferrara from CareerBuilder.com about where to find jobs in this economy.
Mohamed Desoky says his friends have mixed reactions when he tells them he's landed a seemingly stellar job on Wall Street.
Business school graduates are heading out into a cold, cold climate as financial companies clam up or close down
Where do MBA students most want to work when they get out of school? Investment banks and consulting firms are still popular choices, but for the second straight year, the most coveted employer is Google, a recent survey found.
Dan Berger, a 26-year-old aide to New York Congressman Charles Rangel, knew he wanted to get an MBA but, he says now, he was overwhelmed by the number and variety of programs available: "I knew I needed to gather a lot of information before choosing a school, but I really didn't know where to start."
Last fall, as bad news about the credit crisis began to pile up, MBA student Brendan McHugh started to wonder about his chances of securing a coveted internship at a top securities firm.
Getting accepted into a top MBA program is an arduous, time-consuming process, with plenty of potential pitfalls along the way. Witness that the most prestigious and selective schools - Harvard, Wharton, Stanford, and their ilk - say they accept only 10% of all those who apply.
The big question right now in Russian politics is who will succeed Vladimir Putin as President in the 2008 election. As it turns out, the two front-runners -- first deputy prime ministers Sergei Ivanov and Dmitry Medvedev -- are also squaring off in a contest for business-school supremacy in Russia.
Business 2.0: The do-gooder's MBAupdated: Wed Aug 22 2007 08:13:00
Omar Yaqub didn't want a conventional 9-to-5 job after business school. He wanted to help save the world. So the 28-year-old MBA went to Nigeria to tackle an impossible task: creating demand for a product no one wanted.
Fortune: 25 Top MBA Employersupdated: Thu May 03 2007 12:10:00
Think of it as a popularity contest for companies. Each year, research firm Universum surveys MBA candidates on where they'd most like to work for an exclusive Fortune.com list.
When Jack Welch gave a guest lecture at MIT's Sloan School of Management in 2005, someone in the crowd asked, "What should we be learning in business school?" Welch's reply: "Just concentrate on ne...
There's a hole in higher education that you probably haven't heard about.
The application process for business schools is beginning, sparking the annual frenzy of activity - and copious questions.
Following is an interview with Laura Tyson, dean of London Business School and former chairman of the Council of Economic Advisers during the Clinton administration, and Glenn Hubbard, dean of the Columbia Business School and chairman of the Council of Economic Advisers in the first years of the Bush administration.
CNNMoney: Ga-ga for Googleupdated: Thu Apr 13 2006 14:21:00
With demand for MBAs rebounding, this year's graduating class of B-school students is more likely to get the job offers they desire. And in many cases, that means a job at Google.
Last year Samantha Kitover reached a critical point in her career. A 25-year-old Chicagoan who works as a sales trainer for Canon USA, Kitover figured she'd boost her salary and increase her option...
So you're thinking about getting a master's of business administration, and you want to know which school is the best for you. With tuition at top-tier schools reportedly up 55 percent in the past ...
Business 2.0: The ROI on your MBAupdated: Thu Sep 01 2005 00:01:00
You've got dreams--big honking expensive dreams. You want to be a player in a powerhouse corporation or launch a business of your own. Either way, you've decided you'll need an MBA to prepare yours...
Fortune: FROM MARX TO MARKETupdated: Mon May 16 2005 00:01:00
As students in his competitiveness class settle into their seats, the professor lets fly an opening query: "Who can tell me why Estonia was so successful in making the transition to a market econom...
Quit worrying. If you're choosing among the 25 schools in this guide, you're going to get a great education. These schools attract the best of the best: The professors are top-notch, and the studen...
Somewhere in the world, I'm sure there are many thousands of people who invested loads of time and money in getting a master's degree in business administration and who are now glad they did. Howev...
If you think it's not a great time to start a business, you're right. Three years after the tech market crash left the Pets.com sock puppet in the Goodwill bin, investors aren't exactly clamoring f...
Alysa Polkes guaranteed a room full of second-year MBA students a hundred grand. As head of the Career Management Center at the John E. Anderson Graduate School of Management at UCLA, she was tryin...
Last winter Stanford's new e-commerce elective was the hottest thing on the business school's campus, with 28 students using their single "silver bullet" to secure one of the 66 available spots. Th...
Charlie Tillett remembers the year he entered MIT's business plan competition. It was 1991, and the second-year business student counted himself among the 50 or so active members of the school's Ne...
For new MBAs at Harvard Business School, an offer from a top consulting firm used to be as good as it gets: a six-figure starting salary, a $30,000 signing bonus, a pledge to pay some or all of the...
It is a truism that a person's greatest strength can also be his greatest weakness. But a manager's greatest weakness will in most cases be the underside of his greatest strength. The person who is...
The bidding war for Trevor Gurwich erupted last spring. Still only 28, he resembled any other M.B.A. student at Columbia University--playing soccer, partying, cramming in the library. But investmen...
Crystal Johnson had never heard of Florida A&M University when a phone call from its president, Frederick Humphries, roused her early one morning four years ago. A National Achievement Scholar from...
DEAR ANNIE: My company has been bought, and my department is fairly certain that we are toast. I've been here for a little over ten years in pretty much the same job, because I like my work--and I ...
Sean McDuffy, 29, is a corporate recruiter's dream. As the executive vice president of Wharton's student council, he's a proven leader. And the fact that he started a food business straight out of ...
Daniel Grossman squirmed on the horns of a career dilemma. The small toy company he worked for had been taken over by industry titan Mattel, and he had been offered a great job at the new parent. A...
In a 300-year-old converted farmhouse in the hills of Tuscany, Charles Handy sits in front of a PowerBook 540c trying to make the world a better place. He's not a guru or a futurologist or an aging...
LOITER in the impressive antechambers outside a business school dean's office, and odds are good your attention will fall on a row of framed pictures -- former deans. The images are amusing at firs...
We're moving into the high recruiting season for MBAs, and guess what? A survey of FORTUNE's 100 Most Admired Corporations finds that some put little stock in a business school's curriculum, placin...
IT'S A BIT like watching a scientist develop a drug to cure a serious illness. But the patient is American business, the hoped-for cure is a new, improved MBA, and the scientist at the moment is Jo...
SO YOU BOUGHT a crimson necktie, certain the boss was ready to send you off for 11 weeks of fast-track executive education at the Harvard business school. Might as well send it back, friend. A revo...
An MBA degree doesn't recoup its cost nearly as fast as it used to. In a front-page story, Columbia business school's student newspaper, the Bottom Line, compared its graduates' average starting sa...
Once more, dear friends, reports reach this department that business schools are turning more attention to the nitty-gritty of manufacturing. According to a new survey by Fujitsu America, a subsidi...
It looks like a small, elite college: an ivy-covered classroom building, a wooded, rolling campus. But don't be fooled -- this place is 100% business. It's Crotonville, home of General Electric's M...
ROGER KATZ, Wharton MBA class of '91, personifies the idealistic, articulate, creative, technologically hip, and withal modest souls that business schools are striving so desperately to turn out. T...
WHEN THEY COME to compete against you, the Asians sometimes seem ten feet tall. They appear to have everything: brains, drive, determination, and capital. But, increasingly, they lack one crucial e...
A THREE-WEEK summer session in the U.S. looked like a nice break for MBA candidates from an innovative program to bring Western-style management education to Japan. Thus, Masaya Hirayama and some f...
WHEN WILL WOMEN in decent numbers finally make it into the highest ranks of corporate America? The short answer: not in this millennium. By the year 2000 women will make up nearly half the labor fo...
The top U.S. business schools are starting to focus on an inefficient management system that's uncomfortably close to home: the traditional tenure process for professors. Like their counterparts at...
Graduating MBAs aren't the only ones after big bucks. Business schools want % money too, and some are ready to rename themselves after you -- provided you can meet the asking price. You're too late...
On the wall of the ladies' room of a bar in upstate New York, a plaintive graffito recites a loser's litany for our times: ''No BMW, no condo, no MBA.'' As an antidote to hopelessness, the car or t...
THE MBA of the future should speak a foreign language fluently and be intimate with a foreign culture, Japanese preferred in both cases. He (or she, in the case of one-third of the graduates) shoul...
Fortune: SCARED STRAIGHT?updated: Mon Mar 27 1989 00:01:00
+ Who could be better at warning business school students about the evils of insider trading than Dennis Levine? The former investment banker, whose 1986 arrest tore the lid off Wall Street's scand...
AMERICAN executives feel a sense of vast impending change, and they ought to. Take a look at what they can already foresee in the Nineties. Companies will be forced to develop products and make dec...
IF STUDENTS are a bellwether of trends, then listen up. The get-rich-quick fever that over the past few years drove business school students to Wall Street like hootch-crazed prospectors bound for ...
It's one of the Great Dumb Annual Rites of American Business, observers of the corporate scene, and it will soon be upon us. Call it the psychic slaughter of the innocents, the ruin of youth, or to...
JAYNE BUXTON, 26, was bumping along as a $25,000-a-year media buyer in her hometown of Montreal. Then she went to business school and turned into a hot property. Her best offer among six came from ...
VINOD KHOSLA often leaves people speechless when he says he retired at 30 to spend more time with his wife. Emigrating from India at 21, he received an MBA from Stanford University at the age of 25...
Nobody has ever accused the Harvard Business School of being an ivory tower, a refuge for woolly-minded scholars out of touch with real life. No, this is a worldly institution and a great worldly s...
Executives of major corporations are increasingly worried about the men and women coming out of U.S. business schools. As a friend put it to me recently, ''Something has happened. Those young peopl...
Dumping on MBAs has become increasingly popular in recent years, both in the popular press and in specialized publications such as the Harvard Business Review. Newly minted MBAs, the critics say, a...
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