Business School Education

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Why USA Is The Mecca For Administrative Degrees?

Be it an executive MBA program or a full time one, the United States Of America is the known place for the top brands of institutes. It is one country that has the highest number of prestigious universities around the world. A B-school degree already holds the position of being the most impressive and significant professional course. When awarded from a superior college based in America, the privileged status rises even beyond. Today, we take a look as to why the US is home to the crème de la crème of business schools.

• A Glimpse Of History
Out of the top hundred business administrative programs in the world, over fifty are located in the US alone. These stats, provided by the Financial Times’ Global MBA Rankings, attest that the country holds the reign of the academic sector. And it does so almost uncontestably. The first reason why America is the mecca of MBA degree lies in its history. The program is said to have originated in the nation. The degree was birthed to find a “scientific approach towards business management” by the University of Pennsylvania.
Most believe that it was at the tail end of 1800’s that the first version of MBA was taught. Training was given by Wharton to students on finance, law, marketing, accounting, etc. to successfully run a business. The second to jump on the wagon was Dartmouth’s Tuck, but the first real MBA was awarded by none other than Harvard. Slowly, other colleges around the nations began to realise the value of training future managers beforehand rather than have them floundering on the job.

• A Glimpse of the Present:

The appreciation of the worth of “academic training vs. letting them figure it out on the job” lasts till today. It is why colleges that offer business programs keep cropping up. But superior schools that originated MBA is one side of the coin. The flipside is the economy of America. At present, USA has the highest GDP per capita on the globe. China might be crawling and playing catch up, but even then, the USD is way too high. A strong economy means that the biggest corporations around the world want to stake their claim to it.

The most well-known corporate giants are, therefore, based in America. They are the largest employers in the nation which mean there is a constant demand for employees with a management degree along with other specialised programs. Did you know that as per Financial Times Global 500 rankings more than 40% of companies are based out of US? And these stats are three years old; the numbers would have increased exponentially by now.

When the top employers of MBA graduates are on American Soil, it stands to reason that colleges that provide the degree will be there too. The country has the advantage of employment, and thus, is the first preference of all management aspirants. The best schools offer the best managers to the best corporations, and that is the top reason for the success of the reputed B-schools in the US.

The Best Colleges In US To Get An Entrepreneurship Degree

The most influential business and administration people around the world say that, sometimes, it is a rite of passage to go to a B-school. And it is not just any old business college but the top cream. After all, it is very apparent that not all universities are the same. While one may set you up for life with a high-paying profession, another may disappoint you to a significant degree. This article lists the top 5 MBA schools in the United States.

The colleges are ranked on some factors like:
• starting salary
• undergraduate GPA
• ability to find a job within three months of graduation

Each one of the institutes is a tough nut to crack, but few are incredibly selective. For example, Stanford University has the least acceptance rate that falls somewhere about 5.7 percent. But the good news is that graduating from any one of the colleges means getting an exorbitant starting salary. The stats show that the average starting salary of such professionals is beyond six-figures.

For each university we state the acceptance rate, the starting salary one can earn, the GPA one has to attain during under graduation and the cost of studying there. So, without further ado, here are the leading 5 B-schools of America.

• The 1st Position: A tie between Harvard and Booth makes them share the top rank. Each college has an overall score of 100. While Booth gives you a 95.3 % chance of being employed three months after graduation, Harvard only offers 89.3 percent probability.

1. University of Chicago (Booth)
Out-of-state cost: $70,364
Average undergraduate GPA: 3.61
Average GMAT score: 730
Acceptance rate: 23.5 percent
Average starting salary: $151,085

2. Harvard University
Out-of-state cost: $78,772
Average undergraduate GPA: 3.71
Average GMAT score: 731
Acceptance rate: 9.9 percent
Average starting salary: $158,049

• The 2nd Position: The University of Pennsylvania with its overall 99 score stands strong at second. 92.6% of Wharton graduates were employed 3 months after gaining their degree.
Out-of-state cost: $76,580
Average undergraduate GPA: 3.60
Average GMAT score: 730
Acceptance rate: 19.2 percent
Average starting salary: $159,815

• The 3rd Position: A score of 98 keeps Stanford University at the third rank, but it provides only 87.6 % chances of being employed after 3 months of graduating.
Out-of-state cost: $68,868
Average undergraduate GPA: 3.74
Average GMAT score: 737
Acceptance rate: 5.7 percent
Average starting salary: $159,440

• The 4th Position: Massachusetts Institute of Technology with a score of 97 has the fourth rank. A graduate of Sloan has the probability of 93.9% of getting a high paying job inside of 90 days after finishing school. A few other statistics of the college are:
Out-of-state cost: $71,312
Average undergraduate GPA: 3.57
Average GMAT score:722
Acceptance rate: 11.6 percent
Average starting salary: $148,451

• The 5th Position: Held by Northwestern University, the overall score it achieved was 95. Kellogg gives a person a 92.6% chance of getting a job within three months of graduating. Some other stats of the school are:
Out-of-state cost: $70,435
Average undergraduate GPA: 3.60
Average GMAT score: 732
Acceptance rate: 20.2 percent
Average starting salary: $146,259

Groupmates listening to their lecturer in business school course

Business School Education That Can Give You What You Want!

It is the dream of many students to study and graduate out of a world-class business school. While there are several business schools all over the US, getting an admission into one of them can be quite a challenge. One of the well-known business schools that is literally making news is Rutgers school of business. in fact, it can be seen that the Rutgers Business school was one among the two “big ten” schools that appear in the 2018 ranking by the Financial Times, and this is school happens to be one among the Ivy League which includes other leading business schools like the Massachusetts Institute of Technology and Stanford.

The Rutgers program has been ranked third in terms of growth. It has also been listed as being in the third place as far as the enrolment of female students are concerned, at a whopping fifty-four per cent. The Rutgers executive director has stated that they feel honoured to be seen as one of the best business school with a top grade global ranking. This ranking clearly proves that Rutgers is in fact a great place for learning both in the professional sense and for the education of both people and organisation. Rutgers focuses on giving value to its client by constantly learning from past experience and imbibing a culture of progress and constant evaluation of their skills.

While there are several business schools around the globe that provide various options when it comes to business studies for both professionals and for people who are into entrepreneurship, it has been seen that Rutgers is constantly evolving to get better and better. A ranking has been done by the Financial Times based on several parameters such as:
· the course design,
· facilities,
· teaching methods and
· the quality of teaching.
Other data included was the
· number of female participants
· number of international participants,
· growth,
· and partner schools.

What Makes Rutgers Different?
It clearly shows that Rutgers Business School is strongly focused on helping in creating and building partnerships in the corporate sense that is sure to meet the requirements of the way businesses are being run globally, both today and in the future.

Another remarkable feature about Rutgers Business School is that it is one B school that caters to the needs of both professionals and business organisations. This is obvious in the fact that Rutgers Business School of executive education for business executives offers several “Mini” MBA programs that are in various areas of speciality which include areas like digital marketing as well as a management program in business for veterans from the military. What’s even better about Rutgers Business School is that there are certificate corporate programs for business executives that are customized for specific requirements in several fields such as management and marketing among others. The Rutgers Business School has emerged as one of the most excellent places to study about management in the US. It has become a force to reckon with and offers a great academic environment as far as business management programs (both full time and part time) are concerned.