The business school world is constantly buzzing with change and innovation. In addition to our regular news posts, we briefly touch on a few notable stories from this dynamic field in one roundup.
- Thanks to the rankings of numerous publications, “Best MBA Programs” lists are commonplace. But what about finance-based master’s programs? The Financial Times (FT) recently ranked HEC Paris as the best institution in the world in terms of master’s in finance programs designed for candidates with little to no experience in the field. As for programs intended for candidates with experience, FT ranked the MFin program at Cambridge Judge Business School as the best in the world; London Business School previously held the top spot for five years in a row.
- Harvard Business School recently named one of its buildings after a woman and an Asian-American for the first time. The Ruth Mulan Chu Chao Center, which was dedicated this month, was named after the late wife of financier James Si-Cheng Chao. In 2012, Mr. Chao donated $40M to the school, and his family foundation has additionally donated funds toward scholarships for students of Chinese heritage.
- London Business School has wrapped up its planned five-year fundraiser after only three years, after raising a total of £125M (approximately $183M). Financier and industrialist Jim Ratcliffe, who received his MBA from the school in 1980, gave the final push to the fundraiser with his recent £25M (approximately $36.6M) donation. The gifts will be allocated for three new research centers, hundreds of scholarships, and the construction of more teaching space.