GMAC Research Webinar: Trends in business master's programs | How has the EMBA evolved? | Moody's sounds alarm on US business schools
October 19, 2018
Quick Clips
Topical news for the graduate management education community
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Ideas on keeping the US economy strong
Ideas on keeping the US economy strong
(Alex Wong/Getty Images)
The US economy has benefited from the country's entrepreneurial spirit and its toleration of "creative destruction," write former Federal Reserve Board Chairman Alan Greenspan and The Economist political editor Adrian Wooldridge. In this essay, they assert that financial-system reforms and a tightening of entitlement spending are needed to ensure the country's long-term economic strength.
The Wall Street Journal (tiered subscription model) (10/12) 
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That's GMAC
GMAC Research Webinar: Trends in business master's programs
Join GMAC researchers on Wednesday, Oct. 31, for a deep dive on business master's programs in the United States and Europe. Register for the webinar.
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Management Education
How has the EMBA evolved?
Data show more than 260 institutions now offer EMBA programs. Graduate Management Admission Council President Sangeet Chowfla says today's EMBAs are especially helpful to technology entrepreneurs.
Financial Times (subscription required) (10/14) 
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Moody's sounds alarm on US business schools
Credit-ratings firm Moody's is sounding the alarm about the financial status of US business schools after a report from the Graduate Management Admission Council noted a drop in enrollment. The report notes US immigration policies may be a factor in the decline.
The Wall Street Journal (tiered subscription model) (10/16) 
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MBA grad starts loan company to help students
After finding it hard to fund an MBA program, Cameron Stevens founded Prodigy Finance to provide student loans. The company has lent about $650 million to 15,000 students since 2007.
Financial Times (subscription required) (10/14) 
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Higher Education
Student visas could be subject to fixed terms
Student visas could be subject to fixed terms
(Win McNamee/Getty Images)
A new rule planned by the Trump administration would set a fixed maximum time period that international students and scholars can stay in the US, in place of the "duration of status" designation now granted under student and certain other nonimmigrant visas. Jill Welch, the deputy executive director for public policy at NAFSA: Association of International Educators, says the proposed policy would undermine efforts by colleges and universities to attract international students and faculty.
Inside Higher Ed (10/18) 
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Reduced H-1B visa duration spurs lawsuit
A lawsuit filed by trade group ITServe Alliance alleges that US Citizenship and Immigration Services lacks the authority to curtail the duration of H-1B visas. The group says federal law recommends a three-year duration, although a sponsoring employer can seek a shorter time frame.
The Times of India (10/15) 
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Do entrepreneurs need an MBA?
Do entrepreneurs need an MBA?
For those with an entrepreneurial spirit, an MBA can enhance their ability to build a solid business plan and learn leadership skills, according to Jatin Bhandari, founder of InterviewNinjas and PythaGurus. Bhandari asserts an MBA also can give professionals credibility and access to a wider network of partners, mentors and customers.
Poets & Quants (10/13) 
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When small men begin to cast big shadows, it means the sun is about to set.
Lin Yutang,
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