The MBA Programs with which could boast of the highest number of alumni who are most satisfied with the skills they picked up in their Alma matter was recently the subject of a study by Forbes. Graduates of the year 2010 were considered, a distressing period of time for job seekers in the wake of the Global Recession fallout.
In spite of the less than bright career prospects, at least in the short run, MBA graduates from the elite schools were hardly affected by it. As a matter of fact most of the graduates earned as much as their investment in the business school on an average of four years. In the calculations of the study not only the tuition fees but the two years of lost salary was considered by them. Continue reading –>
In a recently released educational survey conducted annually England stood at pole position as far as average tuition fees for undergraduate studies are concerned in the world of industrialized nations,though the Return on Investment or the ROI remains high due to the higher wages for graduates.
On an average, British undergraduate students had to shell out approximately £6,000 annually as tuition fees in the academic session of 2013-2014 after it was decided by the government to higher the upper ceiling of tuition fees by as much as three times, the survey conducted by OECD, an abbreviation for “Organisation for Economic Co-operation and Development” revealed .The US was the next most expensive place to study for under-graduates having £5,300 as tuition fees. In Japan it costs around £3,300 for doing the same according to OECD which is based in Paris and is comprised of 34 countries many of which may be considered to be prosperous.
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The latest storm to hit the universities in the UK is the fact that academicians are making more than £600,000 to the year while other members of the staff have had to deal with pay cuts. The pay packet and perks of vice-chancellors of various industries have spiraled “completely out of control” as put by a university union.
Recent requests for freedom of information by Daily Mail and the TaxPayers’ Alliance revealed that no less than 7,500 staff at UK universities had an income that exceeded £100,000 while professors and vice-chancellors made more than £600,000 per year for themselves.
The details reveal that many of these high pay officials work at universities that rely on undergraduate tuition fees for their income. One may cite the example of Neil Gorman who is the vice-chancellor of the Nottingham Trent University. He was paid £623,000 which was inclusive of a bonus of £250,000. Malcolm Gillies who was formerly the VC of London Metropolitan University made £618,000 which includes about £159,000 that was paid to him when he left.
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Each year a movie is released that blows all the other movies of the year away and set new records for the box office. The previous year “Transformers: Age of Extinction” grabbed the coveted position, a year before that it was “Frozen” and these were preceded by “The Avengers,” “The Dark Knight Rises” and so on and so forth
That is not to deny that it is so by design. As we know movies are a big business and the larger peers among the various movie studios are concentrating their energies on developing franchises. That results in lucrative installments and a whole set of consumer complementing peripherals like video games, toys, rides in theme parks as well as clothing. These provide a means of acquiring recurrent revenue for many years to come.
This year the hype surrounding the upcoming release of “Star Wars: The Force Awakens”, the seventh installment in the illustrious “Star Wars” Movie Franchise, is unprecedented as it is all set to hit the theatres in December. The extent of the hype may be somewhat gauged by the following set of figures and facts.
The trailer made its debut during the halftime of the football extravaganza- Monday Night Football aired on ESPN on the 19th of October was enough to overwhelm the game played. It generated 17,000 tweets to the minute and had no fewer than 2 million interactions on the popular social networking site Facebook. The following weak witnessed 50 million views on the video streaming service owned by Google- Youtube. The buzz was enough to steam up advanced sales to levels unprecedented at any time in the past. Consider this; sellers sold opening night tickets for the epic franchise for premiums as much as 500% on eBay. It can easily rank alongside large sporting events in terms of hype.
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 –>