BizEd

SeptOct2005

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Headlines Strong Market for MBAs Job prospects for MBA graduates are the best since 2001, according to a new study of 68 U.S. business schools. The survey, developed by the MBA Career Services Council, indicates that companies have stepped up recruiting at business schools and signing bonuses are on the rise. Ninety-two percent of the schools who took the study reported an increase in recruiting activity from the fall/winter of 2004-05 compared with the previous year. The survey was conducted by Randy Williams, the director of career services at the Paul Merage School of Business, University of Global Forum in Santiago The Council of Latin American Business Schools (CLADEA) will hold its Global Forum onManagement Education at the Hyatt Regency in Santiago de Chile October 19 through 21. Prime focuses of the meeting will be the impact of technology and the redefi- nition of management worldwide. Latin America was chosen as a meet- ing site this year to help business educators from around the world understand the structure and educa- tional offerings of institutions in that part of the world. Past Global Forums have been held in Canada, Spain, the U.S., and Thailand. Presenters at the Global Forum include John Fernandes of AACSB International, Ángel Cabrera of Thunderbird, DoyleWilliams of the 10 BizEd SEPTEMBER/OCTOBER 2005 California Irvine. He noted other survey findings: Seventy percent of the schools predict an increase in average base pay for graduates this year compared with last year, while 51 percent predict an increase in average signing bonuses. Sixty-six per- cent reported an increase in the num- ber of companies conducting on-cam- pus interviews for the class of 2005 compared with 2004. According to Mindy Storrie, president of the MBA Career Services Council and head of career services at the University of North Carolina's Kenan-Flagler Business School, "It's the best time since the spring of 2001 to be graduating with an MBA." African Americans Eye College Degrees A new poll of more than 1,200 youths between the ages of 8 and 18 shows that black teens plan to go to col- lege, but one key obstacle is having enough money. The survey was con- ducted by Harris Interactive for Junior Achievement Worldwide and the Diversity Pipeline Alliance. According to the survey, 89 per- cent of African American youths plan to go to college—a number that's higher than that of young whites (79 percent) or Hispanics (77 percent). However, money is a bigger problem for African Americans than for other ethnic groups. Sixty-three percent of African American youths said "hav- ing enough money" was their great- est challenge; 55 percent of whites Santiago de Chile University of Arkansas, Steve Salbu of the University of Texas at Austin, LornaWright of the University of Cork, Roberto Artavia of INCAE, Tan Chin Tiong of Singapore Management University, Dharni Sinha of AMDISA, Jean-Pierre Lehmann of IMD, Kai Peters of Ashridge, and N.J. Yasaswy of the Indian Chartered Financial Analysts Institute (ICFAI). For more information, visit theWeb site www.cladea.org.

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