MIT Students Heading to the Vatican, and More – Boston News
Let’s explore some of the most interesting stories that have emerged from Boston business schools this week.
MIT Students Heading to Rome for First Ever Vatican Hackathon – MIT Newsroom
The first of its kind VHacks will take place in Vatican City from March 8-11, bringing in 120 students from various universities around the world to the city-state of the Roman Catholic Church.
“This is not just for the church,” said Sophie Liao, MIT Sloan MBA ’18, in an interview with Meredith Somers from the MIT Newsroom. “This is more about breaking boundaries. Everyone is a migrant, everyone should be involved in this discussion no matter what country they come from.”
“While this is the first event of its kind at Vatican City, using technology to address more than just science isn’t a new thing for the sovereign state’s most famous resident. In a TED Talk last year, Pope Francis suggested how ‘wonderful it would be if the growth of scientific and technological innovation would come along with more equality and social inclusion.'”
Pope Francis made a surprise Ted Talk in 2017, discussing the importance of humility / Photo via Ryan Lash, TED
You can read more about the upcoming VHacks event in Vatican City here.
Sawyer Introduces New Master’s in Marketing – Sawyer Business School
The Sawyer Business School at Suffolk University has announced its new Master of Science in Marketing degree, which prepares students to “approach complex marketing problems, analyze information, and develop high-quality strategic and tactical solutions.”
“Most master’s-level programs in marketing give the qualitative tools pretty short shrift,” says Professor Elizabeth Wilson, chair of the Department of Marketing. “But knowing how to do that kind of research and understanding the whole spectrum of social science research methods is something every employer will value.”
Product management is one of the three concentrations offered in the new Master’s of Marketing program at Suffolk / Photo via nbbj
Three concentrations will be offered as part of the new Master’s program, including: product management, global marketing, and market research and customer insights.
“’I’m excited to see the new MS in Marketing program. The marketing landscape is constantly evolving, and the way brands need to talk to their customers is evolving as well,’ says Victor Davidson, MBA ’12, senior vice president of analytics at SavingStar. ‘The new degree program will empower students to stay on the forefront of these changes and position themselves as top marketers.’”
You can read more about the MSM here.
How News Coverage is Impacting ExxonMobil’s Social Responsibility – Simmons School of Management
Simmons School of Management professor Edward Vieira recently co-authored a study that analyzed ExxonMobil’s corporate social responsibility messages over a 12-year period, from 2002-03, to “determine if there was a relationship between news coverage and subsequent CSR efforts.”
“Corporations that don’t live up to stakeholder expectations may experience a decrease in credibility, reputation, and legitimacy. It’s beneficial for an organization to consistently communicate its CSR actions as well as address culturally relevant events. Therefore, it’s logical that as the world’s fourth largest oil producer, ExxonMobil’s CEO’s letters delivered CSR messages that focused on major external events.”
Read more about Professor Vieira’s research here.
2018 Trends: How Much Can You Get Out of a Boston MBA?
Boston, the largest city in New England, is often considered the academic, economic, and cultural center of the Northeastern United States. Beantown is also considered one of top college towns in the country thanks to its numerous esteem colleges and universities. Lots of that talent sticks too: Forbes ranks the city as one of the best places for business and careers. Continue reading…
Gear Up For These January MBA Deadlines
The next round of MBA admissions is swiftly approaching, with the eve of 2018 almost here. Time to mark those calendars!
New York City
The NYU Stern School of Business, Columbia Business School, and Rutgers Business School, Newark/New Brunswick are the big headliners when it comes to deadlines in the New York City metro in January.
The Forham University Gabelli School of Business, and the Syracuse University Whitman School of Management Online MBA program also have deadlines in the first weeks of the new year. Click here for more information on upcoming New York City metro deadlines.
The third round for application deadlines to Cornell’s Tech MBA on its new Roosevelt Island campus arrives January 10, 2018.
Los Angeles
The biggest Los Angeles metro business school institutions all have a slew of deadlines ready to pass within the first weeks of the new year, including the UCLA Anderson School of Management‘s full-time MBA, USC Marshall‘s part-time program, as well as the Claremont University Peter F. Drucker and Masatoshi Ito Graduate School of Management‘s part-time MBA.
Take a look at the coming deadlines in the Los Angeles metro here.
Toronto
Two Toronto metro schools have deadlines in early January, with the Ivey Business School full-time, Accelerated, and EMBA deadlines all falling on January 8, 2018. The second round deadline to the University of Toronto Rotman School of Management‘s full-time MBA also falls on January 8.
Take a look at the coming deadlines in the Toronto metro here.
Chicago
Two of the most prominent business schools in the entire Chicago metro—Chicago Booth and Northwestern Kellogg—feature a bevy of full-time, part-time, and Evening MBA deadlines before January 10. As well, the Quinlan School of Business at Loyola University’s full-time MBA for its annual spring intake arrives on January 15, 2018.
Just outside of the city, on the near border of Indiana, the Notre Dame Mendoza College of Business’ second round deadline for its full-time MBA program is set for January 9.
Get familiar with the coming deadlines in the Chicago metro here.
The second round of deadlines for the Northwestern Kellogg part-time and full-time MBA programs arrives on Jan. 10, 2018.
Boston
In Boston, the heart of America’s higher education, every January is a major month for several of the country’s most prominent MBA programs. Indeed, Harvard Business School and MIT Sloan, as well as the Questrom School of Business at Boston University, the Carroll School of Management at Boston College, and Northeastern University’s D’Amore-McKim School of Business all have MBA deadlines right at the beginning of the new year for various MBA programs.
Take a look at the coming deadlines in the Boston metro here.
For updated deadline information in Philadelphia, Washington DC, Baltimore, Atlanta, Dallas, Houston, Denver, San Francisco, San Diego, Seattle, and London, click here.
How Boston Business Schools Help Low-Income MBA Applicants
Anyone planning on earning a postgraduate business degree knows that MBA programs cost a lot of money. In the Boston metro, where the cost of living is already high, the annual cost of an MBA program can reach upward of $100,000 … Ouch! Continue reading…
Philadelphia or Boston? Where’s the Best Place to Earn a Part-Time MBA
If you are interested in pursuing a degree in a diverse East Coast city, want to be surrounded by history and culture, and still immerse yourself in growing business community, two main cities come to mind: Philadelphia and Boston.
Both cities are at the center of U.S. history, and continue to be some of its largest centers of commerce and academia, with numerous opportunities to put its stellar education to work.
Surrounded by so many possibilities for professional development, an MBA student in a city like Philadelphia or Boston may not want to put their career and income on hold to pursue a full-time degree.
Thankfully, many of the business schools in Philadelphia and Boston offer part-time MBA programs, allowing students more flexibility as they kick off their careers in these exciting cities. But how to decide which one? We’ll take a look at some of the top part-time MBA programs in each metro to help you choose the right city for you.
Location
Once the capital of the United States, Philadelphia has never stopped being a center of both business and history since the time it played host to the country’s founding fathers. Home to some of the oldest and best universities in the country, Philadelphia has experienced a renaissance in recent years as young talent has become priced out of more expensive metros like New York City and Washington DC. The cost of living in Philadelphia remains fairly low, while the ever-growing business scene in the city offers the opportunity for high earning potential. This year, 14 Philadelphia-area companies made the Fortune 500 list.
Like Philadelphia, Boston has been a center of commerce and trade since the days of the Boston Tea Party. Today, the city is home to nine Fortune 500 companies, including major established firms like GE (13th on the Fortune 500 list) and newer but thriving businesses like Wayfair. However, Boston has a much higher cost of living than Philadelphia. The city currently ranks as the third most expensive city in the country.
Programs
Between the Wharton School of Business and the Harvard Business School, Philadelphia and Boston offer two of the most highly regarded MBA programs in the country. However, both of these schools only offer full-time MBA programs. Students looking for more flexibility in their schedules still have a number of stellar programs to choose from.
Most of the part-time MBA programs in the Philadelphia metro work on a hybrid structure, allowing students to take a combination of classes both online and in person. Many programs also offer students the chance to select majors or concentrations in which to specialize their business education. With a variety of possible concentrations at some of the most highly-ranked part-time programs in the country, students from these programs have gone on to find employment at major firms like DuPont, KPMG, and JPMorgan Chase.
Part-Time MBA Programs in Philadelphia Include
- Lehigh University College of Business and Economics
- Fox School of Business – Temple University
- La Salle University
- LeBow College of Business – Drexel University
- Lerner College – University of Delaware
- Rohrer College of Business – Rowan University
- Rutgers School of Business, Camden
- Villanova School of Business
- West Chester University
Like Philadelphia, Boston’s part-time MBA programs offer more flexibility for students to complete their degree on their own time. Most courses are offered in the evening or on weekends, and can be taken over the course of just two years or up to seven. Programs like the MBA at D’Amore-McKim also give students the opportunity to concentrate in fields such as Corporate Finance, Corporate Renewal, Entrepreneurship, and more.
Part-Time MBA Programs in Boston Include
- Carroll School of Management – Boston College
- D’Amore-McKim School of Business – Northeastern University
- F.W. Olin Graduate School of Business – Babson College
- Questrom School of Business – Boston University
- Sawyer Business School – Suffolk University
- Simmons School of Management
Cost
The tuition costs can vary from program to program, and can also be cheaper if the part-time program is competed online. On average, programs in the Philadelphia metro area can range from $45,000-$65,000 for the degree. The range of costs in Boston can be slightly higher, with some students spending up to $95,000 over the course of their degree.
Jobs
Although the cost of an MBA in Boston may be slightly higher than Philadelphia, the difference in average salary between the two cities may even out concerns of cost. In Boston, the average salary for someone with an MBA degree in a field like finance is $112,000, whereas in Philadelphia it is only around $90,000 per year.
Boston’s Essential Nonprofit MBA Programs
Business doesn’t only have to be about flipping a dollar. Some work isn’t about how much money a business makes but, rather, how much change it makes. This is part of the drive behind nonprofits and why some people dream about leading one.
Nonprofits provide rewarding work, and they’re right down the alley for those who believe in social change and people who don’t want the influence of corporate money. The nonprofit sector is a surprisingly huge as well, employing more than 10.7 million employees in the U.S. alone. Luckily, many schools have recognized the need for a proper education in this field. After all, nonprofit business is a particular kind of model, and it requires a particular kind of knowledge.
So why not learn the ropes in Boston? It’s not far from Washington DC, either, for those interested in policy work. It’s also a short ride to New York City, where there are more than 35,000 nonprofits. The state of Massachusetts offers roughly the same number, to put it into perspective, but the Massachusetts Nonprofit Network offers the state a unique resource to help connect nonprofits with funders and elected officials.
If Boston is the right city for you, here are three schools that offer competitive nonprofit MBA programs.
Questrom School of Business – Boston University
This MBA goes by another name: Social Impact MBA. Boston University’s Questrom School of Business program is one of a kind. It’s formerly known as the Public & Nonprofit MBA, but this name suits it better. The program’s key skills are marketing, public policy, and financial management—the ingredients to a boss nonprofit.
The program shares the same curriculum as the school’s full-time MBA and then some. The required social impact course is titled Fundamentals of Nonprofit Management. Electives will help students better concentrate their skills on areas they want. If you want to work in Latin America, Questrom’s got a class for that. Sustainability strategy? Yup. And even a course that teaches the importance of a mission.
D’Amore-McKim School of Business – Northeastern University
Northeastern University‘s College of Professional Studies offers a Masters of Science in Nonprofit Management on the Boston campus. While separate from the D’Amore-McKim School of Business, this program certainly gives the same business appeal from the business school.
The program comes in two sizes: full-time and part-time. Most students complete it between one and a half to two years. The school states, “Integrating theoretical approaches with practical applications, the Master of Science in Nonprofit Management prepares you for a leadership position in a not-for-profit university, hospital, charity, foundation, or religious organization.”
READ MORE: Which Boston MBA Programs Offer the Best Return on Investment?
Northeastern students can walk away with skills like fundraising, legal literacy, grant writing, and more. There are seven concentrations to choose from: global studies, human services, leadership, organizational communication, project management, social media and online communication, and sport and social change.The program costs roughly $30,000, and 11 percent of students receive financial aid.
Sawyer Business School – Suffolk University
Suffolk University has many different MBA program offerings, including a healthcare MBA, an executive MBA, and, of course, a nonprofit MBA. This specialty degree will teach students how to successfully lead a nonprofit. Seated within the Sawyer Business School, which has been around since 1937, the program includes a number of interesting courses.
One featured course is on law and ethics, with another on public service communication, as well as a vital grant writing course. The program costs $1,424 per credit and can require anywhere from 45 to 58 credits. Students will be working out of downtown Boston with easy access to businesses conducting nonprofit work daily.
