In Other News… London Business School’s Next Dean, Harvard Business School’s Online Finance Program, and New Hope for MBA Tuition Tax Deductions

In Other News… London Business School’s Next Dean, Harvard’s Online Finance Program, and New Hope for MBA Tuition Tax Deductions - mbaMission

François Ortalo-Magné

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. 

  • François Ortalo-Magné, who is currently serving as dean of the Wisconsin School of Business at the University of Wisconsin–Madison, has been appointed the next dean of London Business School. The school announced recently that Ortalo-Magné will succeed its current dean, Sir Andrew Likierman, in August 2017. Likierman will return to his previous position on the school’s faculty.
  • Harvard Business School (HBS) is launching a new finance certificate program on its online learning platform, HBX. The six-week program, titled “HBX Finance: Leading with Finance,” was designed by HBS professor Mihir A. Desai and will allow participants—who are expected either to possess at least a decade of professional experience and an undergraduate degree or to have completed the HBX CORe (Credential of Readiness)—to approach financial literacy via interactive online tools and multimedia case studies. Applications for the first installment of the program, which begins in November, will be accepted until October 19.
  • Claiming MBA tuition as a tax deduction might soon be easier. As part of a recent lawsuit between MBA Alex Kopaigora and the Internal Revenue Service (IRS), the IRS declined Kopaigora’s requests to deduct tuition expenses for an executive MBA program. A judge, however, ruled in his favor and allowed him to deduct some of his tuition. The case was the first to allow tax deductions for an executive MBA program, raising hopes for current and future MBA and executive MBA students. “This case is a big win for all MBA students,” Columbia Business School professor and tax expert Robert Willens commented to the Wall Street Journal.

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