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INSEAD Announces Record €60 Million Donation

INSEAD has received a record-setting donation from a donor who will remain anonymous, the school announced this week. That donation is worth a cool €60 million, or currently about $66 million. It beats the school’s previous record, a €40 million donation the school received in 2018 that went to establish the Hoffman Global Institute for…

Wharton Neuroscience Initiative Gets $10 Million Boost

Another week, and another multimillion dollar donation for the University of Pennsylvania’s Wharton School to expand its programs.  Last week brought a $5 million donation to launch AI for Business under the school’s Wharton Analytics initiative. Now, with an anonymous $10 million gift, the school will grow its Wharton Neuroscience Initiative, also abbreviated as WiN. …

Financial Times Releases 2020 Executive Education Rankings

Besides degree programs like MBAs and EMBAs, top business schools frequently offer executive education courses in specific topics, either tailored to corporate clients or open to anyone who wants to participate. For both types of categories, Financial Times draws up global rankings every year. This week, FT released its 2020 executive education rankings.  According to…

Wharton Launches AI for Business With $5 Million Gift

A year after creating the Wharton Analytics initiative, the University of Pennsylvania’s Wharton School is further extending its commitment to analytics and data with a new program called AI for Business. The new program is being launched thanks to a $5 million gift from Wharton alumni Tao Zhang and Selina Chin. With AI for Business,…

HBS Gives All MBA Students Deferral Option

With the world changing in fast and unpredictable ways this year, top business schools have rolled out a range of adjustments to their typical admissions processes, from extended deadlines to GMAT waivers.  The latest such adjustment comes from Harvard Business School, which has decided to give all admitted MBA students the option to defer enrollment…

Haas Creates Internship “Stimulus Fund” for Its MBA Students

The University of California, Berkeley’s Haas School of Business has announced that it is creating its own stimulus package of sorts, directed at MBA students seeking summer internships.  Haas’s newly unveiled “MBA Summer Internship Stimulus Fund” will provide eligible students with stipends of up to $5,000 to close the gap for businesses that can no…

First Oxford Global Private Equity Challenge Goes to Team From Haas

Case competitions may have gone remote, but they haven’t gone away. One example comes from the Oxford Global Private Equity Challenge. This new competition, run by the Oxford Private Equity Institute, was scheduled to launch at the University of Oxford’s Saïd Business School this spring. Instead, the inaugural competition took place virtually with a prize…

Stanford GSB Adapts With Three New Coronavirus Courses

Top business schools are adjusting and innovating in response to the unexpected changes that COVID-19 has brought. Since B-schools are all about providing an education in management, some schools are trying to take the current public health crisis as a unique chance to learn. The University of Pennsylvania’s Wharton School, for example, rolled out a…

Kellogg Waives GMAT Requirement for Round 3

Among the many logistical questions social distancing has created is one especially relevant to MBA applicants: how to take the GMAT? GMAC, the creators of the standardized test, put forward a solution by offering the GMAT virtually. So far, the response from test takers has been less than fully enthusiastic, with some expressing frustrations over…