Demand remained strong for Tuck graduates in 2017 with 95% receiving job offers within three months
Average Salary Rises To New High For Tuck School MBAs
News from Dartmouth College Tuck School of Business
“The average first-year base salary and signing bonus for Tuck’s newest graduates was a record $158,194, according to employment data for the class of 2017 released today.
“The mean annual base salary increased to $127,986 and the mean signing bonus climbed 4 percent to $30,208. The median annual base salary for T’17s held at $125,000, with a median signing bonus of $25,000.
“Demand remained strong for Tuck graduates in 2017 with 95 percent receiving job offers within three months after graduation and 92 percent accepting positions within that same timeframe.”
Aziz Ansari went to Stern as an undergraduate
Aziz Ansari, Stern ’04, Among 6 From NYU To Win Golden Globes
News from NYU Stern School of Business
“Six members of the NYU alumni community were among the honorees when the Hollywood Foreign Press Association announced its winners for the 75th Annual Golden Globe Awards.
“The winners included five alumni members from NYU’s Tisch School of the Arts (TSOA) and one alumnus from NYU’s Stern School of Business.
“Two NYU honorees made history during a night of firsts for the Golden Globes. Sterling K. Brown (TSOA, ’01) was the first African-American actor to win for Best Performance by an Actor in a Television Series – Drama, and Aziz Ansari (Stern, ’04) was the first Asian-American actor to win Best Performance by an Actor in a Television Series – Comedy.”
The Future Of Finance? A Look At Bitcoin’s Boom And How Cryptocurrency Works
News from Johns Hopkins University Carey Business School
“The first time monetary value was assigned to bitcoin—a theoretical, nebulous token exchanged around the Internet—was in 2010 when a Florida programmer traded 10,000 coins in exchange for two Papa John’s pizzas. With that trade, one bitcoin was assigned an initial value of less than a quarter of a penny.
“Today, a single bitcoin could purchase 1,500 Papa John’s pizzas, pay for delivery, and provide an extremely generous tip for a driver.”
How Blockchain Could Radically Alter Global Finance
News from Northwestern University Kellogg School of Management
“Since its creation in 2008 by the mysterious Satoshi Nakamoto, Bitcoin has fascinated the technical world and bedeviled law enforcement. The digital cryptocurrency gained notoriety for fueling Silk Road, a marketplace famous for selling illicit drugs, but subsequently won commercial acceptance from outlets like Expedia and Overstock.com. More recently, Bitcoin has been the object of much attention for its wild price gyrations and the introduction of Bitcoin futures.
“While Bitcoin and competing cryptocurrencies have captured headlines, many industry experts believe the underlying technology that makes Bitcoin possible — known as ‘blockchain’ — could have a profound influence on the future of global finance.”
Vanderbilt Business Launches New MBA Admission Option For Vanderbilt Undergraduates
News from Vanderbilt University Owen Graduate School of Management
Owen Chief Admission Officer Tami Fassinger
“This January, Vanderbilt Business launched a new admission offering for current Vanderbilt seniors, VU2MBA. Designed to support the new Vanderbilt Minor in Business, VU2MBA better reflects the current job market; many employers expect MBA-graduate hires to have at least 2-3 years of qualified work experience in addition to the advanced degree.
“’It’s about the job demands and our commitment to helping with realistic employment options,’ said Chief Admissions Officer Tami Fassinger.
“Through VU2MBA, current Vanderbilt undergraduates can apply to the MBA program at Owen during the spring of their senior year, or within two months of graduation. If accepted, applicants may matriculate to the MBA program after working for 2-3 years.”
Beat The January Blues With This U-of-T Expert’s 7 Productivity Tips
News from University of Toronto Rotman School of Management
“After the sleep-ins, big feasts and, in some cases, beach holidays of the previous month, it can be tough to readjust to work life in January.
“But returning to the office doesn’t have to be a drag. U of T News asked John Trougakos, an associate professor of organizational behaviour and HR management in the department of management at University of Toronto Scarborough, about how to make working during the winter months more productive and pleasurable.”
Penn grad students will proceed with a unionization vote
Penn Grad Students Get Permission To Proceed With A Unionization Vote
News from The Wharton School at the University of Pennsylvania
“After 203 days awaiting a response, Penn graduate students have finally received permission to legally move forward with a vote on whether to unionize or not.
“On Dec. 19, Philadelphia’s National Labor Relations Board issued an affirmative decision concerning a petition filed by Penn’s graduate student workers for the right to vote for union representation. The election, which will consist of a secret ballot to ensure voter anonymity, will take place this spring.
“This is the second time the pro-union organization Graduate Employees Together – University of Pennsylvania has held an election to unionize at Penn. The first election took place in 2003, where an exit poll conducted by The Daily Pennsylvanian confirmed two-thirds of voters voted yes to unionize.”
John Van Reenen
Innovation, Meet Organization
News from MIT Sloan School of Management
“Long before John Van Reenen became a professor at MIT, he was studying MIT topics in an MIT style.
“’Technology has always been one of the motivations of my work,’ says Van Reenen, a high-profile economist who joined the MIT faculty in 2016. More specifically, he adds, he likes to explore ‘how people come up with ideas, and how ideas spread, among firms and across countries.’ In short, Van Reenen studies how our modern world keeps modernizing.
“Van Reenen became well-known, however, partly by explaining why people in his native Britain have not come up with ideas, at least not as much as they once did. In research during the 1990s, Van Reenen determined that British firms had lagging R&D investment across most of the country’s industrial sectors. This decline was compounded by a significant withdrawal of government support for R&D in the 1980s.”
Working For A Shamed Company Can Hurt Your Future Compensation
News from Harvard Business School
“In the blink of an instant, a corporate brand can turn from sterling to tarnished. Just ask Volkswagen or Wells Fargo—two prestigious names that have become associated with scandal in recent years, and now become synonymous with shady corporate practices.
“What happens to executives who have that employer’s name on their curriculum vitae? ‘You have this great name on your CV, and suddenly it goes from being an asset to a liability,’ says George Serafeim, the Jakurski Family Associate Professor of Business Administration at Harvard Business School.”
Disguised ‘Native’ Ads Don’t Fool Us Anymore
News from Stanford Graduate School of Business
“They’re everywhere: advertisements embedded into sites or apps such as Google and Facebook.
“The ads that blend most easily into digital content are examples of ‘native advertising’ — those that match closely the style and layout of the surrounding media.
“Such ads raise the question of whether consumers are aware of them in the first place. Indeed, regulators like the Federal Trade Commission are concerned these ads might fail to disclose sponsorship sufficiently, thus deceiving consumers into making misguided purchase decisions.
“Can we differentiate native ads from content — and do they influence our purchase behavior?”
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