Here is some of the latest, most interesting news about the business school admissions process and MBA education from media outlets across the country. It been a busy past few weeks. Here’s what’s going on – the good and not so good:
In 2013, according to the Graduate Management Admission Council (the makers of the GMAT) for the first time since 2009, the majority of two-year MBA programs at U.S. business schools reported an increase in the number of applications they received. This was true of 52% the programs that responded. Overall, this figure went up 20% since 2012. (U.S. News University Directory)
New research from QS TopMBA.com, which organizes the QS World MBA Tour, finds that global demand for MBA talent and MBA pay both grew this year, but the market remains weak in North America where an economic recovery struggles to take off. (BusinessWeek)
After a harsh article in the Wall Street Journal calling into question the cache of an MBA from Wharton (which we maintain is still a great school where graduates are in demand), the school’s director of admissions and financial resigns. (The Wall Street Journal)
Forbes is set to announce its latest MBA rankings on October 9. The ROI of the degree at most business schools is expected to take a hit since it measures those who graduated in 2008, the start of the great economic meltdown. (Poets & Quants)
Speaking of Forbes, the magazine recently measured how good business schools are at engaging their audiences through Twitter, Facebook, and other social media outlets. (Forbes)
