Issue link: https://www.e-digitaleditions.com/i/56537
Headlines Copenhagen Business School was elected. Ellen J. Glazerman of Ernst & Young LLP was chosen to repre- sent non-educational institutions. Howard Thomas of Warwick Business School takes over as chair of the Board of Directors when new members begin their terms in July. Thomas also has announced three appointments AACSB Announces New Board Members of AACSB International have voted to make Andrew J. Policano of the University of California, Irvine, the vice chair-chair elect for the organization's 2009–2010 Board of Directors. Susan M. Phil- lips of The George Washington University has been elected as its secretary-treasurer. Elected to represent U.S. accred- ited schools were Linda R. Garceau of East Tennessee State University and Linda A. Livingstone of Pep- perdine University. To represent accredited schools from outside the U.S., Jaime Alonzo Gómez of the Instituto Tecnológico y de Estudios Superiores de Monterrey-Campus Monterrey was elected, and Thierry Grange of Grenoble Ecole de Man- agement was re-elected. Robert S. Sullivan of the University of Cali- fornia, San Diego, was re-elected to represent U.S. non-accredited schools. To represent non-accredited schools from outside the U.S., Fer- nando D'Alessio of the Pontificia Universidad Católica del Perú was re-elected and Finn Junge-Jensen of 8 BizEd MAY/JUNE 2009 to the 2009–2010 board. Sara M. Freedman of Oklahoma State Uni- versity was reappointed to serve a one-year term, while Michel Patry of HEC Montréal and John E. Williams of Morehouse College will serve three-year terms. Tough Market for Students A business school survey released in February shows a significant drop in corporate recruiting activity worldwide, which has created an opening for small and midsize companies looking for talent at top-ranked MBA programs. "For some companies, there is good news in that they now can attract students from top-tier schools that they may not have been able to afford in prior years," says Kip Harrell, president of MBA Career Services Council, an asso- ciation of business school career management offices that compiled the 2008–09 Winter Survey. "It's a buyer's market for employers." It's not nearly as good for stu- dents. Almost 75 percent of schools that responded to the survey report significantly decreased recruitment activity in areas such as financial ser- vices, venture capital/private equity, commercial banking, investment banking, and real estate. Schools need to be honest with students about the tight job mar- ket, the economy, and the trends in recruitment, says Harrell, who also directs the Career Management Center at the Thunderbird School of Global Management in Glendale, Arizona. He adds, "I think the big- gest disservice we as career officers can do is to not fairly and accurately present the realities of the situation." While full-time positions are becoming scarcer, businesses are reporting increased internship opportunities for MBA students. But the future remains uncertain. About 51 percent of career management offices predict investment banking internships will drop significantly, and 62 percent predict other indus- try internships will decrease. Harrell says that business schools around the world have taken steps to help MBA students find employ- ment, but adds that career manage- ment officers feel too many students