Posts by Jillian Markowitz

Oct 17, 2017 by

Return on Investment: Getting Your Money’s Worth in Washington DC

washington dc mba roi

Earning an MBA is a big commitment in terms of both time and financial resources. Attending school in Washington, D.C. will open students up to a wealth of job and internship opportunities. However, with the cost of living and education in the financial capitals of the US rising at an alarming rate, choosing a school that will leave you with the smallest debt for the best job prospects is paramount to not being saddled with debt for the next 30 years of your life.

Though a price can’t be put on the value of the stellar education and business acumen you’re sure to get in business school, we can certainly try. Below, we’ve worked out the schools that guarantee the best return on investment in Washington DC metro.

Washington DC MBAs That Offer the Best Return on Investment

University of Maryland R.H. Smith School of Business

At the University of Maryland’s R.H. Smith School of Business, students can earn their degree just eight miles from the White House. Tuition at UMD Smith comes to about $47,004 for in-state residents per year and $56,184 for those from out-of-state. Though the business school’s MBA program may not be considered “cheap,” the average starting salary for MBA’s from the class of 2016 was $95,600—nearly double the annual tuition cost for both in and out-of-state students. This incredibly high average starting salary makes Smith well worth the price. In the past, Smith alumni have landed internships and full-time positions at companies like Amazon, Marriott, and Google. Thus far, majority of Smith MBA grads have gone on to pursue careers in marketing or consulting.

According to the recently released Forbes list of the best MBA programs in the U.S., UMD Smith (46th overall) MBA grads now expect a net-gain of $45,000 five years after graduation, when taking into account the average salary increase, cost of the program, and more.

Perdue School of Business—Salisbury University

Though it is closer to Baltimore than DC, Perdue School of Business MBA students are sure to see a significant return on investment for their education. The tuition is only about about $11,760 for in-state residents and $23,850 for out-of-state applicants. Not to mention the average alumni salary is $56,500, which essentially means the average alum sees a significant return on investment in less than a year. The year-long program is delivered in a hybrid format, so students only need to meet on campus one night per week. Students looking for even greater flexibility can also choose to take 100 percent of courses online. Additionally, students who wish to move at a slower pace can take classes part time and choose their own schedules.

Howard University School of Business

The Howard University School of Business MBA program was the first DC university to earn AACSB International accreditation. Annual tuition for the full-time MBA program per year is a reported $33,996. The total for the two-year program comes to around $70,968. Considering U.S. News puts the average MBA starting salary at $91,084, the return on investment is undeniable. Howard also offers a variety of dual degree programs, including JD/MBA, MD/MBA, BSE/MBA, and more. One unique feature of Howard is its Global Trilateral MBA (GTMBA), which gives students international consulting experience in places like China and South Africa.

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Oct 5, 2017 by

Startup Global Philadelphia Arrives at Temple University Fox School of Business

temple fox global philadelphia

In late September, Temple’s Fox School of Business hosted Startup Global Philadelphia, which provided resources, strategies, and advice for startups that wanted to expand internationally. The panel topics included: tools and strategies to grow internationally; legal considerations for global startups; startups going global; and government partners and community resources.

One of the overarching themes of the advice given at the event was: take advantage of resources offered to startups. Both the private and public sectors can offer a multitude of resources to help start ups expand their reach.

Export.gov is a resource provided by the Department of Commerce to offer advice and tools meant to help U.S. companies effectively reach global markets. Usman Ahmed, Head of Global Public Policy at PayPal, spoke on a panel, and revealed that PayPal actually has a Global Sellers Program to create versions of company websites specific to different regions. Using cutting targeted marketing techniques, PayPal is able to hone in on exactly which color schemes and verbiage work in various locales.

It is also essential that startup companies looking to go global utilize the professionals who specialize in protecting ideas, such as advisors and lawyers.

“You have to protect [your idea] before you go anywhere. Eighty-six percent of SMEs and independent inventors did no know that their United States trademark of patent would not be protected overseas,” said attorney-advisor at the U.S. Patent and Trademark Office, Benjamin Hardman.

Another theme of the event was: utilize your own knowledge base. Temple student Nigel Satenstein told the origin story of his startup, Pinpointer, which exists to help people without clear addresses benefit from eCommerce.

According to Satenstein, “It all started one day late last summer when I got a call from one of my best childhood friends. He started telling me about his roommate, Sam, who was born and raised in Kathmandu, Nepal, and to this day still down not have a home address.” This story prompted Satenstein and his friends to build a tool that would account for this gap, and because they had personal knowledge of Kathmandu, then chose to start by using the technology there.

The free annual event took place at Temple’s Alter Hall, on 1801 Liacouras Walk.

Startup Global Philadelphia is a collaboration between the U.S. Department of Commerce and the Global Innovation Forum.

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Oct 4, 2017 by

UCLA Anderson Introduces New Online Journal

UCLA Anderson Online Journal

UCLA’s Anderson School of Management recently debuted the UCLA Anderson Review, an online journal that features the research from its faculty. The journal will showcase the vast business and economic research that the UCLA faculty spearheads.

“The faculty of Anderson (School of Management) is doing cutting-edge research that can have an important impact and elevate national discussion on crucial issues, and so the review is a way to put spotlight on that,” Rebecca Trounson, Director of Executive and Brand Communications, said.

The publication is written and assembled by Anderson’s Marketing and Communications department and a team of freelance writers.

“Our writers are top journalists from places like the Los Angeles Times, The New York Times, and The Wall Street Journal, and they are very sufficient to understand these research papers and explain them in an acceptable way for a wide audience,” Trounson said.

UCLA Anderson Dean Judy Olian expressed her own enthusiasm about the journal’s debut.

“A key priority for all of us at Anderson is to showcase the impact of our faculty’s wide-ranging research, and make it accessible to students, alumni, business professionals, the media and others. We are please to share the inaugural edition of the UCLA Anderson Review, offering important and practical insights derived from the rigorous scholarship of our faculty,” Olian said in a recent release.

As of now, the review is publishing two articles per week that feature topics like retirement savings, healthcare, and workplace behavior.

UCLA Anderson Review Editor-in-Chief Jeff Bailey meets with both the faculty and the writers to determine what content will be included each week. Bailey does some preliminary investigating to learn what faculty members are working on, and then meets with them to find out more about their research.

The review’s articles can be found on their website, or readers can subscribe to the journal to receive monthly emails that include new articles.

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Oct 3, 2017 by

The Houston International MBA Programs You Need To Know

Houston International MBA

Pursuing higher education in Houston does not have to mean that students are tethered to one city—or even one country—the entire time they are in school.

Below, we’ve laid out the four best Houston international MBA programs.

C.T. Bauer College of Business – University of Houston

The University of Houston’s C.T. Bauer College of Business offers several options for aspiring MBAs who want to learn to navigate the global marketplace. All of Bauer’s Executive MBA students have the opportunity to do an International Business Residency (IBR) between their first and second years. Each class travels together to a country determined in advance by program coordinators. The IBR is seven days long, and students will use these days to meet with foreign political figures, experience the country’s culture, and tour global companies.

Bauer also offers a Global Leadership Executive MBA for students who want their entire education to focus on a broader perspective of business. Students can also apply for the Global Energy Executive MBA to obtain a greater understanding of the expansive energy industry. Bauer grad students can choose from a variety of study abroad programs in places like India, Berlin, Chile, China, and Paris.

Cameron School of Business – University of St. Thomas

MBA students at the Cameron School of Business can choose to pursue a concentration in international business, that will include a plethora of courses that provide insight into the global economy. All MBA students can seek approval from the dean or associate dean to receive elective credit for the study abroad course, MBA 5394: Special Topics. This option is provided during the Summer II session of the program.


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Rice University – Jones Graduate School of Business

At Rice University’s Jones Graduate School of Business, all full-time MBA students take a Global Immersion Program. Students participate in this program in May after their first year of school, lasting from seven to ten days. In May, 2018, full-time MBA students will travel to Brazil to do consulting projects for different companies. This program is highly beneficial, as students’ roles within the abroad projects are tailored to their specific concentrations. Rice also offers Global Intersessions, in which professors spearhead trips to different countries. The 2017 and 2018 Intersessions will take place in China and Colombia. In addition to the Global Immersion Program and Global Intersessions, Rice students can international seminars abroad, generally hosted by other business schools.

University of Houston – Downtown

The University of Houston-Downtown offers an MBA in International Business that is specifically geared toward students seeking careers in risk management, finance, and supply chain management within a global corporation. To earn this degree, students must take 10 separate core courses, not including the courses required for their concentration. This program can be completed in 12 months, and is designed to help students become comfortable with international finance markets, the laws of international business, strategic sourcing and purchasing, as well as a host of other topics.

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Sep 28, 2017 by

Lehigh Alum Donates $5 Million to Business School

Lehigh Alum Gives $5 Million Business School Donation

Sanjay Shah, CEO of Vistex, Inc., recently donated $5 million to Lehigh University to fund the Vistex Institute for Executive Learning and Research, three decades after he left India to attend the school.

“Lehigh was my gateway to life in the United States. Lehigh will always have a special place for me. The U.S. is my home,” Shah said.

This gift was intended to help Lehigh expand their executive education program.

“This gift is absolutely, positively transformational. The gift allows us to expand our offerings, footprint, and partner with Vistex. It is not just a gift. It is truly an intellectual partnership,” said Georgette Chapman Phillips, dean of the Lehigh College of Business and Economics.

Shah launched his software company in 1999, and gave Lehigh this donation with the hope that Vistex could offer its resources to the executive program.

Shah said, “Since we also work with some of the best known brands in the world I believe that our participation, not just in the commissioning of the institute, but as it also develops and grows, we will be able to bring our clients and their perspectives into the programs as well.”

Historically, Lehigh has not had a developed executive education program. However, in 2016, the school brought on David Welsh to design and direct an executive program.

When asked about the new program, Phillips said, “The whole idea is we want people to never stop learning and we want to be their partner from (age) 18 to 80.”

Shah’s donation will be used to erect a new building and provide a greater wealth of resources to students.

Lehigh President John D. Simon praised Shah for his generosity, saying, “With this support, Mr. Shah is embodying the coward-thinking, impact-driven ethos of Lehigh graduates by utilizing his passion for the university and for lifelong education to support future leaders.”

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Sep 27, 2017 by

Mihaylo Conference Inspires Tutoring Innovation

Mihaylo Conference Inspires Tutoring Innovation

Mihaylo College of Business and Economics recently hosted the California State University, Fullerton (CSUF) Business Plan Competition. The competition featured 18 competing groups. One of those groups was led by Brent Maxinoski and Cayman Elkin, who pitched an online platform that would pair students with peer tutors.

Maxinoski and Elkins placed fourth in the competition and were inspired to take steps to turn their pitch into a functioning entity. The business is different from other tutoring programs, because it pairs students with other students who have excelled in the class with which the client is struggling, rather than pairing them with a grad student who is not familiar with the curriculum. Maxinoski had the idea for the business while studying for an accounting exam.

“I just realized … I would much rather just pay some small or affordable amount to a peer who was either in the same class as me or had taken the same class as me, and done well in it, to help me understand the concepts and do well on the exam, rather than paying 75-80 bucks for a professional grad-degree-type tutor,” Maxinoski, the startup’s CEO, said.

There is a great deal of support for the startup, which the team is calling “Wecademi,” at CSUF. Professors believe an affordable tutoring system that involves students versed in the curriculum could decrease the considerable no-pass rates of core classes, and consequently improve graduation rates.

According to Elkin, this program is promising because it is pairing students with tutors who are familiar with the class, rubrics, and exam formats.

“Just because you get an accounting tutor who’s a CPA, that doesn’t mean they can help you in CSUF Accounting 201A, because they might not know the exact material and they might not know the curriculum. But if you have someone who just took that class last semester and got an A in that, they can convey that material,” Elkin said.

The website is currently up and running, though the team is still open to obtaining feedback and making improvements.

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