In the world of business schools, the pre-eminence of top American business schools continue as we approach 2016. In the latest international rankings by The Economist, no less than 14 of the top 20 full-time MBA B-schools hail from the United States. The top position is also held by an American Business School the Booth School of Business of the University of Chicago.
How Booth Dominates the Rankings
In the surveys conducted by The Economist this dominance by Booth is nothing new having topped the list 5 times within the period of the last 6 years. The rankings take into account both subjective marks by the students themselves as well as hard data. One reason that might be attributed to its runaway success is the more than satisfactory quality of its faculty, careers service along with the best in the world facilities that it provides. It has played host to no less than seven Nobel laureates and has campus presence in Hong Kong and London as well, apart from its home in Chicago. Also to be noted is that fact that the overwhelming majorities, 98% to be precise, find jobs within just three months after finishing their degrees. Continue reading –>
The Australian Coalition government is unlikely to be able to resolve the deadlock over the higher education package with the move of cuts in funding and deregulation of fees stalled for by a year at least.
The New Education Minister
The newly appointed education minister Simon Birmingham conceded that start date for the new policies as 2016 January was not achievable. Birmingham also confessed that there is need for institutions and students alike to have certainty over the education path charted by the country and as such all future reforms and their legislation will not start till 2017 at the earliest.
He also announced at a summit for education at the prestigious University of Melbourne that the arrangements for funding of higher education will remain unchanged as of 2016 while the government makes further consultations on future reforms. He advised institutions for higher education and students to plan on the basis of current arrangements for 2016 as the financial intricacies will remain basically unchanged, duly indexed for inflation.
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Corbyn is among those rare leaders who actually practice what they preach. This is illustrated by the breakup with his wife over exclusivity in their child’s education, but in spite of the personal tragedy Corbyn stuck to its stance. And after all these years it appears that he will be the one who will have the last laugh.
His stance bears proof that it is not necessary to be exclusive or “elitist” in order to have merit. Most parents want the best for their children and the credibility of the name alone (of the school or university) stands as one of the foundations of our modern education. But a better option is expanding the spheres of quality education so that meritorious children even from lesser known educational institutions are given equal opportunity to excel in their chosen fields.
But Corbyn is no fool. He fully realizes that the elite who attend private schools (accounting for only
seven percent of all school going children in the UK) are the ones who dominate the decision making
positions in corporate, media and governmental organizations alike. They will do their best to maintain
their privilege and exclusivity but Corbyn is up to the fight.
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