Saturday, April 14, 2018

高報酬MBA 米から続々 世界トップ20に11校、アジア勢は皆無

企業・市民の活用がカギ 高松市「スマートシティ」テーマにシンポジウム開催[PR]

世界で最も高報酬の経営学修士(MBA)卒業生を輩出しているのは米国の経営大学院だ。報酬比較サイト、エモルメント・ドット・コムがこのほどまとめた調査で分かった。

この調査によると、卒業生の報酬が高い経営大学院トップ20校のうち11校が米国の大学院だった。マサチューセッツ工科大学(MIT)のスローン経営大学院が1位で、ボーナスを含めた年収の中央値は28万6000ドル(約3064万円)だった。ハーバード大学とシカゴ大学の経営大学院が2位と3位。

欧州で最も高報酬のMBAを生み出すのはフランス・フォンテンブローにあるINSEADで報酬の中間値は18万5000ドル、全体では12位。スイスのザンクト・ガレン大学と英国のケンブリッジ大学ジャッジ校が13位と14位に入った。アジアからのトップ20校入りはなかった。

Sankei Biz

アメリカ留学・奨学金プログラム 「2019年度 フルブライト奨学生」募集開始

日米教育委員会(フルブライト・ジャパン)は、日本人を対象としたアメリカ留学の奨学金プログラム「2019年度フルブライト奨学生」の募集を4月1日から開始する。同奨学金は日米間のフルブライト奨学金制度は65年以上の歴史を持つ。

応募方法はオンラインのみ。応募期間は2018年4月1日の12:00から2018年5月31日の24:00。


2019年度フルブライト奨学金プログラム概要

対象となる学術分野は、米国および日本、さらにはグローバル社会に関連した人文・社会科学、あるいは学際的な学問分野であること。自然・応用科学分野に関連する研究計画の場合は、人文・社会科学分野を主眼とした学際的研究で、かつ政策、社会、または倫理に関わるもののみ応募対象になる。

■大学院留学プログラム
学業面および人格面で優れた者に米国大学院での研究の機会を与える。米国の大学院博士課程・修士課程に正規の学生として在籍し、学位取得のための科目履修を行う。

■大学院博士論文研究プログラム
日本の大学に博士論文を提出することを目的として、米国の大学で単位取得を伴わない研究を行う。大学院レベルのゼミを聴講することはできるが、単位取得のための科目履修は出来ない。

■研究員プログラム
大学教員、政府機関あるいは非営利研究機関勤務者を対象とし、米国の大学等で各自テーマに沿って、単位取得を伴わない研究を行う。

■ジャーナリストプログラム
経験5年以上の現役ジャーナリストを対象とし、米国の大学等で各自の研究テーマに沿って、単位取得を伴わない研究を行う。ジャーナリストとしての技術面の研修は不可。

留学プレス編集部

女子大生は海外留学を望むが、大学院への進学には積極的になれない

海外へ留学したいと思っている大学生の割合は女性が男性を上回っている一方で、大学院への進学を望む女子学生の割合は男子学生に比べて低いことが、文部科学省科学技術・学術政策研究所が公表した調査報告「大学学部生の科学技術情報と進路選択に対する意識」で明らかになった。海外に出て自分の世界を広げようとする女子学生の積極性は、大学院への進学には結びついていないようだ。


図 海外留学を希望する学生の割合。女子学生が男子学生を上回っている。(「大学学部生の科学技術情報と進路選択に対する意識」より)

この調査は2016年3月、日本国内の大学学部に在籍する学生(18~30歳)を対象に、インターネットによるアンケートの形式で実施。男性1189人、女性2042人から得た回答を分析した。

その結果、3か月以内の「短期留学」を希望する学生の割合は、理系の男性が13.6%、女性が14.5%、理系以外の男性が13.2%、女性が17.7%で、いずれも女性が男性を上回っていた。3か月を越える「長期留学」でも、理系の男性が7.4%、女性が9.6%、理系以外の男性が13.3%、女性が14.7%で、女性で割合が高い傾向にあった。留学を希望しない学生は、その理由として、「直接海外に行かなくても、インターネットで情報は取れる」「留学は、日本で大学や大学院を出てからでいいと親が言う」「お金が余分にかかる」「留学でなくても、旅行で行けばいいと思う」などと回答した。

大学卒業後に大学院修士課程へ進学する希望の有無を聞いたところ、理系の男性は44.1%が、女性は21.3%が希望していた。理系以外だと男性は13.6%、女性は9.9%だった。いずれも、女子学生は男子学生の割合を下回った。

また、理系女性は大学への進学に際してその進路を決める際に、その他の学生に比べて、「保護者の意見」「就職への有利性」「資格や技術の習得可能性」を重視する傾向にあった。女性が理系に進学する際に障壁となる要因を男女学生に尋ねたところ、「「理系は男性の学部」というイメージ」「(結婚、出産などの)ライフイベントとキャリア形成の両立が難しい」「出産により研究が中断され、それに伴う休職中の支援が不十分」などを挙げた学生が多かった。博士号を取得しても「仕事か出産か?」の選択を迫られるようになることを多くの学生が心配していると、この調査報告では分析している。

MyNavi.jp

Saturday, April 7, 2018

Top MBA programs beef up cryptocurrency courses to keep up with demand

MBA programs at Stanford, University of Pennsylvania, and Georgetown are adding more blockchain and crypto classes in 2018 to keep up with demand from students.

The move is also being spurred by recruiters, especially in venture capital, which saw an 88 percent increase in blockchain investments in 2017, according to data from Pitchbook.

Some of the top MBA programs in the world are adjusting their curriculum after last year's mania around bitcoin. 

Stanford Graduate School of Business, Wharton School of the University of Pennsylvania and Georgetown University's McDonough School of Business are expanding classes in digital currency and blockchain to keep up with demand from students and their future employers.

Stanford's business school, ranked No. 1 in the world by the Financial Times this year, is adding a new full-time course in May. The class, called "Cryptocurrency," was a grass-roots effort by students.

Stanford added the course, which closed with more than 50 people on the waiting list, according to the university site.

Part of the interest comes from Stanford's funnel into venture capital. Of the 32 percent of MBA graduates who chose to go into finance, 7 percent went to venture capital, according to the university's 2017 employment report. VC was the second-most-popular choice behind private equity at 15 percent. Only 1 percent of graduates went into investment banking.

Venture capital investment in blockchain start-ups increased by 88 percent year over year in 2017, reaching $911 million, according to data from Pitchbook.

Wharton, which is ranked No. 1 by Forbes and No. 3 by U.S. News and World Report, is also adding a class in the fall. "Blockchain, Cryptocurrency, and Distributed Ledger Technology" will be taught for the first time as of 2018 by professor Kevin Werbach.

Wharton alumni work at crypto and blockchain start-ups Ripple, Bitmain and Coinbase, all of which he guessed would recruit students who eschew careers on Wall Street.

It's not just venture capital and cryptocurrency exchanges looking for a deep knowledge of blockchain.

Wall Street and consulting firms that recruit out of the D.C. schools are also demanding a new skill set. 

Four Excellent Euro MBA Programs

An MBA that is earned abroad can be more affordable for U.S. students, and international experience is increasingly valuable.

Some advantages of a European MBA
  • Last year, 65 percent of MBA programs in the United Kingdom and 67 percent of schools in other European countries reported increasing numbers of applicants from elsewhere, and many of them from the U.S., according to the Graduate Management Admission Council's 2017 Applications Trends Survey.
  • European programs attract the most U.S. students. Many are based in appealing business hubs like London, and several compress the two-year MBA curriculum into 18 months or a year. That, coupled with the dollar's strength compared to European currencies, can greatly reduce the cost of getting an MBA.
  • Tuition costs range roughly from $73,000 to $95,000 for one-year programs in Europe to just over $100,000 for two-year programs, not counting room and board. In contrast, tuition and fees for a number of top-20 U.S. MBA programs in 2017 ranged from roughly $120,000 to $160,000.
  • European degrees can also appeal to hiring managers. The top U.S. companies are international themselves and need people who have the ability to work across borders. 

Reasons for Graduate Study Abroad

  • Europe offers find a range of option. For example, HEC Paris attracts students interested in technology and entrepreneurship. IMD – the Institute for Management Development – fosters tomorrow's CEOs with its focus on leadership development.

Top Schools:

University of Oxford Saïd Business School

  • Brilliant broad curriculum
  • 1 + 1 MBA, a two-year program that awards an additional master's degree from one of 14 other departments, including medicine, history and music.
  • Excellent internships. 
  • 20% of 1 + 1 MBA are Americans. 
  • Wide range of experiences, from consulting projects for large multinational companies like L'Oréal to advising financial-technology startups in Africa. 
  • Tuition for 2018-2019 is about $76,000 at early 2018 exchange rates and the school estimates that room and board would range from about $17,000 to $26,000.
  • Entrepreneurship is one of three broad themes that shape the MBA curriculum at Saïd
  • 320 MBA students a year. Everyone participates in an entrepreneurship module, teaming up to develop ideas for startups.

Also offers Global Rules of the Game, which focuses on laws and norms that govern business transactions, such as anticorruption agreements and trade laws; and Responsible Business, where students focus on ethical decision-making.

Another common experience is Global Opportunities and Threats Oxford, a project that brings together faculty and students from across the university to address a different international issue each year. The 2017-2018 class focused on health care, working in groups to identify business opportunities related to the global aging of the population.


INSEAD

INSEAD calls itself "the business school for the world"

  •  Students can move between its flagship location in Fontainebleau, France, and its Singapore campus. Some participants also do a rotation at the school's Abu Dhabi campus.
  • INSEAD is the only top European MBA program with a language requirement. All classes are taught in English, but students must have a basic working knowledge of two other languages by the time they graduate from the 10-month program.
  • Of the roughly 1,000 students who enter the program in one of two intakes per year, about 8 percent come from the U.S. 
  • The INSEAD curriculum is split into five two-month periods, accommodating core business classes, electives and a capstone project. 
  • The tuition cost for 2017-2018 was nearly $100,000, plus fees and living expenses.
  • INSEAD's international campuses offer the opportunity to gain deep experience working with companies that are either based in those countries or that are trying to establish themselves in a region.
  • Google, for example, called upon INSEAD students in Abu Dhabi to create an open online platform for news organizations in Africa.
  • Participants generally pick their location of study based on their career goals,
  • The INSEAD experience is highly customizable. Students who choose to enter the program in January have the option of completing eight-week summer internships with organizations ranging from the World Bank in Washington, D.C., to private equity firms in Dubai.


London Business School

LBS has exchange agreements with around 30 universities in a dozen countries, including China, Australia, Mexico and the U.S.

  • LBS admits more students from the U.S. than any other country, and in 2017, Americans comprised 16 percent of the total student body of 431. 
  • Students who start the two-year program in August 2018 will pay about $108,000 in total tuition.
  • Students think about business challenges in a global context
  • During the second half of their studies, every student takes part in an immersive Global Business Experience in one of a number of other countries, including South Africa, Israel, China, Peru and Myanmar. The weeklong program includes faculty briefings, panels, workshops, company visits and project work.
  • In the fall of 2017, for example, 80 MBA students worked with small-business owners in South Africa to implement improvements that would boost their profits.
  • LBS's program is somewhat similar to the typical two-year model that has long been popular in the U.S., with core courses like accounting and marketing taught in the first year, followed by electives. The school recognizes that taking time out of the workforce for two years isn't feasible for every student, but programs can be tailored to be completed in 15, 18 or 21 months.
  • All students now have three possible options for their summer term: They can line up at least one paid internship, be one of a handful of top students to get hands-on experience in consulting or take advantage of the Entrepreneurship Summer School to work on a new business idea. 
  • Students who participate in the international exchange program also now have the option to shorten the length of their time overseas so they can fit that into a condensed curriculum.
  • Another distinctive element of the LBS MBA is that students are expected to participate in some of the 75 themed clubs on campus designed to help them prepare for their chosen careers. The choices include finance; retail and luxury goods; and technology and media


University of Navarra IESE Business School

Once a year in Barcelona, MBA students at the University of Navarra IESE Business School band together to stage an international conference called Doing Good Doing Well. The theme of the conference – responsible business practices – mirrors the MBA curriculum at IESE, which is designed to train students to make managerial decisions that positively impact the world.

  • Strong emphasis on social responsibility and service that I find really attractive.
  • Curriculum is mainly taught through case studies that build in a discussion of the ethical implications of strategies and what the impact of a particular decision might be on workers or the environment.
  • About 12 percent of IESE's 710 students come from North America. They spend most of their 19 months in the program studying in Barcelona. 
  • IESE offers 133 electives, giving students multiple options to drill deeply into topics from wealth management and real estate finance to mergers and acquisitions.
  • Students who want to start their own businesses can spend the entire summer term in an entrepreneurship boot camp, developing a business plan for their startup. 
  • IESE also offers an exchange program; Atwell, for example, spent his second-to-last term taking business courses at Yale University.
  • IESE charges roughly $108,000 in tuition and fees for the program. The school advises students to budget about $2,468 per month for room and board off campus.



Monday, April 2, 2018

Why the MBA is still a gamechanging qualification

Is the MBA really all it’s cracked up to be? With enrolments surging, the answer seems to be yes

What could an MBA do for you? Make you richer? Propel your career? Help you change direction entirely? It’s a broad business degree for professionals with several years’ experience, but it is, as business schools tell you, more than the sum of its parts.

And the range of backgrounds MBAs attract is testimony to the course’s broad appeal – elite athletes, creatives, military officers, engineers, coders and charity managers, as well as the bread and butter intake from the worlds of finance and consulting.

Despite being one of the priciest degrees on offer, numbers are rising at Europe’s business schools, and UK schools don’t appear to have been hurt by the uncertainty of Brexit, says Matt Symonds, director of admissions advisers Fortuna Admissions. In fact, they are reporting a surge in applications.

Two thirds of schools in the UK received more applications in 2017 than the year before, and European schools have also seen increases, says the Global Management Admissions Council (GMAC), which administers a business school aptitude test.


Highly competitive UK top schools famously charge eye-popping fees – London Business School’s (LBS) course costs £78,500, while Said Business School in Oxford charges £55,000, and cheaper schools still cost around £20,000. Students opting for full-time courses will also need to sacrifice a year or more of salary. A part-time degree – the executive MBA (EMBA) appeals to older professionals (usually 30s and upwards) but requires some deft time management and intensive periods of study.

With a broad curriculum, and options to specialise, an MBA is designed to nurture the soft skills demanded by blue-chip companies – leadership, empathy, and global awareness – as well as the nuts and bolts of business. Five years down the line, it’s these soft skills that many former students value most.

“I really love my job, so personal development wasn’t a factor for me,” says Sarah Cash, who studied for an EMBA at the University of Hull while working for charity Dove House Hospice as director of business and income development. “It helped with bigger goals, such as setting out strategy, direction and organisational culture, and also with the practicalities of dealing with staff, managing change and improving productivity.”

All schools will rush to warn prospective students that leaving their institution with an MBA doesn’t guarantee a whopping salary rise, though it has traditionally provided a solid route into lucrative sectors such as investment banking and consulting. Increasingly, the degree appeals to would-be entrepreneurs, with many schools hosting incubator hubs for new ventures and providing ongoing support for those with a desire to head off on the startup journey.

Most full-time UK courses last a year, but some, such as LBS and Alliance Manchester Business School, run up to 18-21 months. Students are handpicked to create a mix of backgrounds, nationalities – often from 40 or more different countries – and professional pedigree. Professional networking is part of the appeal, and students talk about an enduring professional community and list of contacts to draw on when entering the job market after graduating and as they progress further down the line throughout their careers.

While the course content can be challenging – pesky finance and accounting modules, which tend not to be for everyone – the focus is on group work and often live projects, some of them abroad. Students are known to have a change of heart during an MBA and head in a different direction entirely. Many graduates describe the experience as life changing.

When sizing up prospective applicants to the most competitive business schools, admissions advisers Fortuna are careful to manage expectations. Top schools in Europe are notoriously tough to get in to and students need to be realistic about their ambitions.

“Applicants need to demonstrate fast track professional development,” says Symonds. “But they also need to demonstrate how they would thrive in the classroom, how they will engage with the clubs on offer, and what will they bring to the course.”

US News & World Report: MBAs Leading to Highest Salaries

The following article is adapted from an article in US News & World Report 

Job applicants with MBAs on their resumes stand out to employers so much so that students don't necessarily need to attend the most prestigious schools to reap significant professional benefits.

There are some business schools where students have better odds of finding very high paid employment upon graduation. Experts say it's important to investigate the quality of career services at programs of interest before applicants make a final choice.

  • Among the 114 ranked full-time MBA programs that reported these data to U.S. News in an annual survey, the overall average salary and bonus paid to 2017 graduates was $105,146.
  • At the 10 MBA programs where grads received the most generous compensation, which were all among the top 15 in the 2019 U.S. News Best Business Schools rankings, the average salary and bonus was $161,566.

  • The average salary and bonus at the 10 MBA programs where compensation is lowest, the majority of which are ranked in the bottom-fourth of the full-time programs and do not have published ranks. That average amounted to only $58,390.

U.S. News data show that grads of b-schools with sterling academic reputations are, in some cases, paid a salary and bonus that is nearly three times higher than that of grads at lower-ranked schools.

  • MBA compensation varies not only on the basis of where a graduate earned his or her degree, but also on the chosen industry.
  • On average, MBA grads who enter the consulting industry command the highest salaries, and those who work in the transportation industry are paid the least. 
  • The data show that a recent MBA grad who works as a consultant typically receives a salary that is almost $60,000 higher than his or her counterpart who works in transportation.


The schools where graduate pay is highest aren't necessarily the ones where grads get hired the fastest.

  • The Stanford University Graduate School of Business had a higher average salary and bonus – $173,989 – among its 2017 graduates than any other ranked MBA program. However, 58 other business schools had higher employment rates of its graduates within three months of graduation than Stanford, which had a rate of 88 percent.
  • The University of Chicago's Booth School of Business is one 10 MBA programs where recent grads are paid the largest salary and bonus – $159,911 – while also having one of the highest three-month employment rates - 95 percent - among all ranked full-time MBA programs.
  • Five of the nine programs with the highest three-month employment rates are at public schools.


Among the 127 ranked full-time MBA programs that reported these statistics to U.S. News in an annual survey, the average employment rate among 2017 graduates three months after graduation was 84 percent. But three-month employment rates varied widely among ranked business schools, ranging from a high of 100 percent to a low of 3 percent.