Upcoming December MBA Application Deadlines
As winter approaches and December comes into clear view, let’s review all the major upcoming MBA application deadlines for December and January. Get those applications in ASAP so you have more time to enjoy the holidays with friends and family as you await your acceptance letter in 2019. Best of luck, and Happy New Year in advance! Continue reading…
MBA Deadline Dates You Should Know in September
September may mean that summer’s over, but it’s also a time to start to look forward to new beginnings! Stay on track of September MBA deadlines and get those mid-fall and winter program intake applications in. Continue reading…
McDonough FinTech Partnership Announced, and More – Washington DC News
What’s new in Washington DC’s business school scene lately? Let’s take a look in this week’s edition of our DC news roundup.
McDonough Announces Partnership for Global Fintech Innovation and Education — McDonough News
The McDonough School of Business at Georgetown University has partnered with the Fintech Consortium (FinCon) and announced a collaborative effort on a number of initiatives related to innovation and education in the rapidly growing field.
“Everything from technological advances like fintech or the impacts of globalization is changing the way business operates. Jobs are going to look different than they have in the past,” said Paul Almeida, dean of the McDonough School of Business. “This is why it is important for schools like Georgetown McDonough to ensure our students and alumni gain the right skills, mindsets, and relationships to be successful. This is why our faculty need to be at the forefront of producing thought leadership about these changes. And, this is why we must be innovative in our approaches to changing how and what we teach.”
According to the school, upcoming projects include the development of fintech certificate and degree programs, joint innovation labs, joint research and publication, and the exchange of fintech ecosystem data. FinCon will also invite McDonough faculty and students to take advantage of its global hubs in Singapore and Bahrain for the purposes of research and academic residencies.
You can learn more about this exciting fintech news here.
Anuj Mehrotra Named Dean of GWSB — GW News & Events
Anuj Mehrotra, a longtime administrator, researcher and faculty member at the University of Miami, will join the George Washington University School of Business this summer as the school’s new dean.
“‘I look forward to working with the school’s world-class faculty, professional staff, alumni, board members and other supporters as we continue to strengthen the school’s programs by anticipating and adapting to the shifting needs of students and the business community,’ Mehrotra said.”
Mehrotra has a track record of innovating MBA programs. At Miami, he led the development and launch of more than 10 new programs, including an online MBA and the Miami Executive MBA for the Americas, among others. He also taught various MBA and EMBA classes at Miami and Carnegie Mellon University.
Anuj Mehrotra
Read more about Mehrotra and his plans for GWSB here.
Alumnus and Podcaster Oscar Zeballos Talks Leveraging Unfair Advantages on Bootstrapping — News at Smith
The Dingman Center for Entrepreneurship at the Robert H. Smith School of Business produces its own podcast, Bootstrapped. Hosted by Elana Fine, Executive Director of the Dingman Center, and Joe Bailey, associate research professor at UMD Smith, each episode features interviews with founders, investors, and serial entrepreneurs.
The newest episode of the podcast gets a little meta, as UMD alumnus Oscar Zeballos EMBA 16, co-founder of Podcast Village and executive producer of Bootstrapped, joins the show to discuss the business model behind his podcast company and the future of podcasting.
To listen to the podcast, subscribe to Dingman Bootstrapped on iTunes or download the episodes on the Dingman Center website.
Hiring Practices Examined in New UMD Smith Research
Did you know that about half of job openings go to friends and acquaintances of high-powered individuals within an organization? We’ve always been told it’s about who you know, not what you know, after all.
Yes, referral-based hiring come across as a little sketchy, but many human resource departments actually encourage the strategy. But despite that, a research paper co-written by two Robert H. Smith School of Business scholars shows that hiring managers invite harsh moral judgments when they give jobs to friends and acquaintances referred to them.
Entitled “Compromised Ethics in Hiring Processes? How Referrers’ Power Affects Employees’ Reactions to Referral Practices,” the author’s note; “When the referrer is powerful, observers will believe the hiring manager is attempting to increase the referrer’s dependence on him/her, ultimately resulting in future benefits for the hiring manager.”
The research was authored by UMD Smith professor Rellie Derfler-Rozin, Ph.D. candidate Bradford Baker, and Harvard Business School professor Francesca Gino and published in the Academy of Management Journal. They found that hiring managers appear self-serving and unethical to others in the organization, which can disrupt workplace chemistry and even hurt support for the new hire.
“Referral practices can be seen as morally murky territory in which special interests and the exchange of favors dominate, above and beyond merit,” the authors wrote.
However, they also found that referral-based hiring practices have advantages: Not only do referrers usually have inside information about the applicants they recommend, but they also have incentives to train, mentor, and monitor them as well. Additionally, new hires want to perform well so they don’t embarrass the referrers who put trust in them.
Ultimately, the research does not suggest that companies should stop referral-based hiring, but that hiring managers and the people who give referrals should be mindful of the power dynamics involved.
“One suggestion could be creating a system in which referrers are anonymous, at least for an initial period of time pre and post-hire, while simultaneously providing enhanced transparency regarding the reasons for the referral,” the authors write.
You can read the entire research paper “Compromised Ethics in Hiring Processes? How Referrers’ Power Affects Employees’ Reactions to Referral Practices” here.
What Should You Study? Finance Vs. Accounting MBA
Most MBAs pursue one of the FAME subjects in their graduate studies—No, that’s not acting, modeling, or songwriting—it’s finance, accounting, management, and economics. Of those four subjects critical to business, finance and accounting are the most popular among MBAs thanks to the high demand and highly specialized nature of many finance and accounting careers. Continue reading…
What are the Best Marketing MBA Programs in Baltimore?
The Baltimore metro is home to over 2.7 million people, making it the 20th largest metropolitan area in the United States and the economic center of the state of Maryland. Best known for its top colleges and universities, hospitals, sports, and professional and financial services, Baltimore is also a popular meeting and convention destination, according to Visit Baltimore. Continue reading…
