Georgia Terry or Georgia Tech Scheller: Which School is Right For You?
There’s a lot to take into account when choosing the perfect MBA program. Yes, even if they’re in the city. Atlanta, Georgia, is home to a number of popular business schools of varying sizes and abilities, but let’s focus on two, yes?
Continue reading…Cornell Johnson Women Turn Out in Droves at Forté Conference
Each year, the Forté Foundation hosts the two-day MBA Women’s Leadership Conference. This year’s event was held in Atlanta at Georgia Tech’s Scheller College of Business, and a record number of women MBA students from Cornell’s Johnson Graduate School of Business attended. Not only did Johnson have its most impressive conference showing to date, but it also had the second-highest number of representatives in attendance.
Forty-nine MBA students, representing a broad cross-section of Johnson’s three residential MBA programs, attended this year’s Forté conference:
- 29 from the two-year MBA program (Ithaca)
- 7 from the one-year MBA program (Ithaca)
- 13 from the Johnson Cornell Tech MBA program (NYC)
“I loved meeting Forté Fellows and conference attendees from other schools. It made the network seem smaller, less intimidating, and very empowering. Just imagine what we can all accomplish together,” said Cassiope Sydoriak (Two-Year MBA ’20).
Inside the Forté Conference
The annual Forté conference offers attendees an opportunity to explore career paths they may not have considered, hear from influential businesswomen, and meet recruiters and potential mentors.
This year’s highlights included an opening keynote from Joanna Lipman, the chief content officer at Gannet, editor-in-chief of USA Today, and author of That’s What She Said. Lipman offered actionable tips on how women can leverage their value and overcome obstacles related to the gender gap.
Other highlights from this year’s conference:
- Dialogue with Leadership: This dialogue included a panel discussion with Emory Goizueta Dean Erika James; Acceture CEO Julie Sweet; and State Street EVP and Deputy Global CIO Lori Heinel . Together, they used the panel as an opportunity to unpack their careers and offer leadership advice.
- Forté Power Pitch Competition: This capstone event allowed four newly-graduated MBA women to present their innovative business ideas to a distinguished panel of judges.
- Workshops and Panels: Multiple workshops and panels were held throughout the two-day event, which covered topics such as communications strategies, interviewing, design thinking, and the future of feminism.
To learn more about the Forté conference and get reflections from Cornell Johnson’s women MBA students, read the full article here.
Georgia Tech EMBA Sets Up Students for International Success
Every year, the EMBA program at the Georgia Institute of Technology at the Scheller College of Business brings new opportunities to students in the program, expanding their global leadership abilities through hands-on projects that asks them to work outside of the classroom and around the world.
The EMBA program at Scheller is focused around two major parts of a rigorous curriculum: a capstone project that requires students to work with a company on a real-time business challenge, along with hands-on international visits. Just within 2017, EMBA students would travel both to China and to Panama for a visit to the Georgia Tech Logistics Innovation and Research Center.
The reasons why a business professional might apply to the Global EMBA program at Scheller can vary, yet by graduation all students can claim indelible new skills and global experiences. For Fard Pasha, Global IT Director at the Coca-Cola Company, Scheller’s Global EMBA was a natural next step to enhance his business skills abroad and help him be a global leader. For Kara Mayo, approaching the program with an undergraduate degree in engineering, the program’s focus on innovation, technology resources and global business helped make up her mind.
While their reasons for choosing the Global EMBA and their plans after graduation may have varied, both Pasha and Mayo observed the invaluable benefits of the program, observing six main skills they had gained in the program that would set them apart from other global leaders. Mayo and Pasha observed a focus on strategic perspectives, the integration of innovation and technology, cultural awareness, corporate social responsibility, core values and a powerful network of classmates and advisers that would help set Scheller EMBAs apart from the rest of the pack.
Hot Jobs for MBAs: Becoming a Pricing Analyst
MBA graduates looking to apply their skills to a fast-growing and high-paying career may be interested in pursuing a role in Pricing Analysis. Named among the 100 best jobs in America by CNN, working as a Pricing Analyst is a perfect way for an MBA graduate to make use of their strong education combining skills in marketing, finance, and analytics.
With a predicted 10-year job growth of 41.2 percent and roughly 280,000 total jobs available, business students who think they might be interested this fast-growing career can start preparing while still in school through specialized study in marketing or finance. Armed with the special skills in data analysis in addition to the strong business background of an MBA, students looking to enter the field after graduation will have a competitive advantage as they begin their career.
We’ve rounded up the most important things to know about a career in Pricing Analysis to help you decide if it’s the right role for you.
What is a Pricing Analyst?
A company’s pricing analyst is responsible for figuring out the appropriate price for a business to place on a product or service. Using a variety of data and different metrics, the Pricing Analyst will determine the perfect price that will both appeal to consumers and produce an appropriate profit for the company.
Pricing Analysts must be able to track marketplace trends and implement a strategy that will benefit both the company and consumer. Someone in this role must be able to effectively communicate to a number of other departments such as supply chain, sales, marketing, finance, and be able to work with these groups in making pricing recommendations and decisions based on their analysis.
Pricing Analysts may be needed at wide variety of companies and organizations, ranging from construction companies, colleges and universities, banks and financial institutions, pharmaceutical companies, and more.
What Skills Does a Pricing Analyst Need?
Those who succeed in the role of Pricing Analyst typically have strong skills in mathematics, analytical thinking and problem solving. It is also important that Pricing Analysts are able to effectively communicate, as they are often required to explain their research and analysis to others in order to make important decisions.
Other skills employers may seek in a Pricing Analyst may be:
- An interest and skill working with numbers and data.
- Being a detail oriented and proactive worker.
- Have the ability to work with minimal supervision.
- Experience in back-office and billing systems and database management programs,
Pricing Analyst Salary
Pricing Analyst salaries, according to PayScale, may vary according to a number of factors, such as education, terms of the job, and type of employer. On average, Pricing Analysts can earn anywhere from $52,000-61,000 depending on their level of experience. In cities like New York and Boston, that number is slightly higher.
A recent study from Deloitte found even more impressive figures: 62 percent of respondents in a survey of pricing professionals reported salaries of greater than $100,000 and 83 percent of respondents said they were also eligible for an annual bonus.
EVEN MORE MBA JOBS: Verizon is on the Lookout for MBA Students and Grads
MBAs For Pricing Analysts
While most MBA programs do not offer a direct concentration in pricing analysis, a number of programs still provide specialized pricing education through other departments, like finance and business analytics. Below are just a few examples of pricing-related courses available at some of the top MBA programs in the country:
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Scheller College of Business – Georgia Institute of Technology
The Scheller College of Business offers a course in pricing strategy as part of their Business Analytics MBA concentration. The course, marketing Analytics and Pricing Strategy, helps students gain skills in making effective pricing decisions through the understanding of important economic and analytical concepts associated with customer behavior and competition.
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The Wharton School – University of Pennsylvania
FNCE717, or Financial Derivatives, at the Wharton School focuses students on making strategic corporate decisions, particularly when it comes to pricing. Students will learn several different approaches to pricing and how to apply such skills for investment and risk-management.
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Rutgers School of Business, Newark and New Brunswick
The MBA program at Rutgers’ Newark and New Brunswick location offers a class in Supply Chain Pricing Strategy. The course recognizes the importance of pricing in driving profits and the extreme negative impact poor pricing decisions can have. Students will learn how to approach pricing from both a strategic and tactical level and be able to apply it to a number of fields and industries.
Do You Actually Need an MBA for the Job?
While an MBA is not necessarily a requirement of all Pricing Analyst jobs, it is by far the most common degree held by those in this role. According to the aforementioned Deloitte survey, 43 percent of respondents held MBA degrees, while just 26 percent—the next highest percentage—held undergraduate degrees in business. Earning an MBA and demonstrating specialized coursework in pricing will give those in the field a competitive edge and open the door to higher level management positions in the field.
Georgia Tech Scheller EMBA Ranked Among Best in the Country
The most recent rankings from the Financial Times places Georgia Institute of Technology Scheller College of Business‘ Executive MBA program among the best in the U.S.
Each year, The Financial Times compiles a list of the top 100 Executive MBA programs throughout the country, evaluating each program on a number of important features. Among the top business news organizations in the world, Financial Times determined their ranking through alumni surveys that looked at factors such as career progression, international reach, salary growth, and faculty credentials.
“I am pleased that the Financial Times has recognized Scheller College EMBA program’s commitment to our students and their achievements,” Scheller Dean Maryam Alavi said of the ranking. “The EMBA program excels in developing business leaders who are innovative, entrepreneurially minded, analytically skilled and who succeed at the intersection of business and technology.”
In the 2017 ranking, the Scheller EMBA was recognized as the top Executive MBA program in Georgia and the 15th best program in the United States. For facilitating career progress, the program was named second best in the U.S. and seventh best throughout the world.
The EMBA program at Scheller is nationally recognized for its career development program, which offers 1:1 coaching and advising, as well as providing many opportunities for executive networking and development workshops. The program, which takes 17-months to complete, offers specializations in the fields of Global Business and Management Technology. The program is offered exclusively on weekends, allowing up-and-coming professionals to continue their careers while earning their degree.
Scheller Students Become Sustainability Experts During the Carbon Reduction Challenge
A team of SunTrust interns, including two students from the Georgia Institute of Technology – Scheller College of Business, recently took top prize during the inaugural Internship and Co-op Carbon Reduction Challenge.
