The business school world is constantly buzzing with change and innovation. Each week, in addition to our regular news posts, we briefly touch on a few notable stories from this dynamic field in one roundup. Here is what caught our eye this week:
- A $7.2M donation to the University of Kansas (KU) School of Business from alumnus Roger Davis and his wife Julie Davis will create a new center to help students make better business decisions through the use of complex data. The Center for Figure Sense will launch next spring and, instead of introducing new classes, will concentrate on its mission “to infuse the figure sense critical-thinking methodologies” in all of the school’s students. The couple has been generous to KU in the past—an earlier $1.5M gift assisted in the construction of new business school facilities.
- Business school students are taking a stand on climate change. A recent study, conducted by Yale University with the World Business Council for Sustainable Development and the Global Network for Advanced Management, surveyed nearly 4,000 students at 29 top-ranked business schools to determine their stance on the issue. The results revealed that 44% of respondents would be willing to work for a lower salary if the company in question implemented good environmental practices. Among other findings, the survey revealed that 64% wished for more sustainability-related career services at business schools.
- Gaining acceptance to a top-ranked business school is an accomplishment—but if you are accepted into more than one, which do you choose? As part of its annual MBA rankings, Bloomberg Business examined students who were accepted into multiple top programs and where they ultimately decided to enroll. Of the 260 respondents who were accepted into Harvard Business School (HBS), for example, 63.8% decided to enroll in the program. Comparatively, 47.1% of the 382 respondents accepted to the Wharton School of the University of Pennsylvania chose to enroll there, while 17.8% decided on HBS instead. The results were more divided at the Kellogg School of Management at Northwestern University, where 29.4% of the 436 accepted candidates chose Kellogg, 10.6% chose Wharton, and another 10.6% enrolled at the University of Chicago Booth School of Business.