The Wharton School at the University of Pennsylvania took the top spot in the most recent U.S. News & World Report rankings of US business schools. Wharton, which was followed in the rankings by Stanford, earned the ranking through "high employment rates, starting salaries and bonuses for its graduates," according to U.S. News.
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MBA graduates working in venture capital and private equities are most satisfied with their jobs, a report from the job platform TransparentCareer finds. Industries where MBAs reported being the least satisfied included investment banking and law, the data show.
Microsoft is offering business leaders free case studies and videos on artificial intelligence as part of its new AI Business School. Microsoft's Mitra Azizirad says the course provides tools for evaluating an organization's AI needs and offers lessons on strategy, technology basics and culture.
As it moves toward reauthorizing the Higher Education Act, the US House Committee on Education and Labor has released a report highlighting the value of a college degree, emphasizing accountability and accessibility. "Rather than diminishing the value of a college degree, we should recognize that all students should have access to the substantial financial and social benefits that come with a quality higher education," Committee Chairman Rep. Bobby Scott, D-Va., said.
A new budget proposal from the Trump administration includes a requirement that colleges and universities share some of the financial burden of student loans. Some in Congress favor such risk-sharing proposals, but critics say they will adversely affect low-income students.
Actresses Felicity Huffman and Lori Loughlin are among 50 people accused in a federal indictment of crimes, including fraud and conspiracy related to cheating on college entrance exams as well as paying an admissions consultant to bribe college coaches and administrators to ensure their children were admitted to select colleges and universities. The alleged crimes date back to 2011 and include such schools as Yale, Stanford and Georgetown universities.
Lawmakers often have a background in the legal profession, but "understanding the dynamics of business would seem to be an equally crucial skill for legislators," writes Elissa Sangster, executive director of Forté. Rep. Abigail Spanberger, D-Va., who earned an MBA through a dual degree program, notes that her education "was all about learning how to think through problems from different perspectives."