Posts by Kelly Vo

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Jul 12, 2017 by

Forté Foundation Power Pitch Competition Winner

Forté Foundation Power Pitch Competition

Women-led businesses were once relatively rare, but that is no longer the case. According to the 2016 Kauffman Index of Startup Activity, women make up 40 percent of new entrepreneurs in the United States: a nearly 30 percent increase from 2007.

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Jul 10, 2017 by

The University of Washington Looks at the Effect of Minimum Wage

UW Analyzes Minimum Wage

Over the years, there have been many arguments for and against raising the minimum wage. The issue is that study results vary. Three years ago, Seattle became one of the first cities in the nation to approve a $15-an-hour minimum wage, to be implemented over several years. It started in April 2015, when the wage raised to $11 an hour from $9.47. Then, it continued in January 2016 with an increase to $13 an hour. Continue reading…

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Jul 10, 2017 by

Texas A&M Mays Business MBA Scholarship Spotlight

Texas A&M Mays Business MBA Scholarship

Earning an MBA isn’t cheap. At Texas A&M University’s Mays Business School, full-time MBA students can expect to spend $36,079 a year on tuition and fees, and that’s only for residents. For domestic non-residents, the cost increases to $52,471 and for international non-residents it’s $52,598. Then, by the time you add room and board costs, books and supplies, travel, and personal expenses, full-time MBA students at Mays can expect to spend between $60,071 and $77,073 a year.

It’s for that reason that scholarships and financing are so essential for MBA students. Anything that is available to mitigate the cost of tuition and living expenses increase the ROI of the MBA and decreases the burden.

At the Mays School, many full-time MBA students receive scholarships and other financial assistance to negate the cost of the program. The awards vary and range from $3,000 to $35,000. The support is offered in four ways:

  1. Automatically with Admission: All admitted MBA students will be automatically considered for scholarship support, without needing to submit additional information. However, to be considered, MBA students should apply no later than Round 3.
  2. Merit-Based: Based on the strength of an MBA student’s application, they may be considered to receive a merit-based scholarship, which can include academic achievements, professional accomplishments, or potential for success.
  3. Resident Tuition: For non-residents (domestic and international), there’s an opportunity to receive resident tuition status based on the merit of their application. This results in a savings of around $20,000.
  4. Activity Scholarships: These scholarships are only available for those MBA students who participate in specific programs, and are typically awarded after enrollment.

Scholarships and fellowships from the Mays School may be paid in a lump sum (one payment) or monthly during a semester. It is up to the Mays School to determine how each award will be paid to the student. The award is distributed based on the academic calendar and cannot be changed.

One sample scholarship is the Texas Business Hall of Fame (TBHF) award. According to the guidelines, candidates eligible for the scholarship must exhibit entrepreneurial aspirations as well as leadership in academic and campus activities. Recipients are chosen after a round of nominations and an interview process. The scholarship award can be as much as $15,000.

Mays Fellowships

Beyond scholarships, the Mays Business School also offers fellowships for incoming graduate students. These fellowships are only available to domestic candidates and require an application to be considered.

One such fellowship is the Graduate Diversity Fellowship. This fellowship is awarded to students who have a history of success in a diverse environment. The fellowship provides MBA students with a $13,000 annual stipend, $5,000 annually for tuition and fees and a graduate assistantship position that pays $7,000 per year, including health insurance. The total award package for two years is $50,000.

Graduate Assistantships

For those MBA students who do not receive a scholarship, there is still an opportunity to mitigate the cost of their tuition with a Graduate Assistantship. MBA students may be hired as teaching, research, or non-teaching assistants, working on average twenty hours per week. Interested students should contact their graduate advisor for help or can look for open positions on Jobs for Aggies.

Texas Aggie Graduate Grant (TAGG)

Texas A&M also offers need-based awards. Determined by the Scholarships & Financial Aid Office, Texas residents can receive a tuition stipend up to $1,500 per semester, for a maximum of $3,000 per year. This need-based grant is only eligible for those students who have not received another major scholarship or fellowship and requires a TAGG application to be eligible.

Additional Scholarships

Finally, Texas A&M offers a few unique scholarship opportunities for minority students and students willing to submit a separate application. Some of these scholarships include:

For more information on specific MBA scholarships that you will be eligible to receive, students should contact the Scholarships & Financial Aid office. Contact information found here.

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Jul 10, 2017 by

Schulich Receives EQUIS Accreditation from EFMD

Schulich EQUIS Accreditation

For the second consecutive time, York University’s Schulich School of Business has received the five-year EQUIS accreditation from the European Foundation for Management Development (EFMD). The accreditation, also known as the European Quality Improvement System, is considered one of the premier designations for internationally oriented business schools. Continue reading…

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Jul 7, 2017 by

Babson Expands Entrepreneurial Opportunities for Women MBAs

Babson Expands Entrepreneurial Opportunities

While more women than ever are earning MBAs, there’s still a lot to be done to advance the role of women in business. Though the average enrollment of women in full-time MBA programs at 36 top business schools climbed from 32 percent to 36 percent between 2011 and 2015, that growth hasn’t necessarily been reflected in the workforce yet. Women occupy only 22.9 percent of board positions for Fortune 500 companies and only 6.4 percent of CEO positions.

Babson’s Women Innovating Now (WIN) Lab is part of that school’s effort to bridge this gap and increase the number of women leaders in business. Continue reading…

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Jul 6, 2017 by

Hult International Becomes AACSB Accredited

Hult International Becomes AACSB Accredited

Less than 5 percent of business schools worldwide hold an AACSB (Association to Advance Collegiate School of Business) accreditation. The Hult International Business School has now been added to that list. Not only does this 100-year-old benchmark indicate Hult’s quality education, but it will also allow the school to re-enter the Financial Times MBA rankings in 2018.

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