Yale | Mr. Army Pilot
GMAT 650, GPA 2.90
Wharton | Mr. Senior Analyst
GMAT 750, GPA 3.2
Stanford GSB | Mr. Future VC
GMAT 750, GPA 3.6
Stanford GSB | Ms. Access To Opportunities
GRE 318, GPA 2.9
Tuck | Mr. Product Marketer
GMAT 730, GPA 3.1
Wharton | Ms. Finance For Good
GMAT 730, GPA 3.7
UCLA Anderson | Mr. International PM
GMAT 730, GPA 2.3
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
USC Marshall | Mr. Low GPA High GMAT
GMAT 740, GPA 2.44
London Business School | Mr. Midwest Engineer
GMAT 750, GPA 3.69
Harvard | Mr. Policy Development
GMAT 740, GPA Top 30%
Cambridge Judge Business School | Mr. Champion Swimmer
GMAT 750, GPA 3.7
MIT Sloan | Mr. NFL Team Analyst
GMAT 720, GPA 3.8
Chicago Booth | Mr. Consulting Hopeful
GMAT 720, GPA 3.6
Kellogg | Mr. Tech Auditor
GRE 332, GPA 3.25
NYU Stern | Mr. Washed-Up Athlete
GRE 325, GPA 3.4
UCLA Anderson | Mr. Southern California
GMAT 710, GPA 3.58
Ross | Mr. Brazilian Sales Guy
GRE 326, GPA 77/100 (USA Avg. 3.0)
INSEAD | Mr. Fraud Associate
GMAT 750, GPA 8/10
Wharton | Ms. Project Mananger
GMAT 770, GPA 3.86
Chicago Booth | Mr. Average White Guy
GMAT 680, GPA 3.2
Stanford GSB | Mr. AIESEC Alumnus
GMAT 750, GPA 3.38
Kellogg | Mr. Brazilian Banker
GMAT 600, GPA 3.8
Harvard | Mr. Upward Trajectory
GMAT 720, GPA 3.3
Kenan-Flagler | Mr. Fish
GRE 327, GPA 3.733
Harvard | Mr. Community Impact
GMAT 690, GPA 3.0
IMD | Mr. Gap Year To IMD
GMAT 660, GPA 3.5

Thunderbird Leaders Get Bad News

Thunderbird loses ground in new P&Q ranking for 2013

Thunderbird loses ground in new P&Q ranking for 2013

A highly controversial partnership between the Thunderbird School of Global Management and for-profit education player Laureate Education Inc. hit a snag yesterday (March 15).

The Higher Learning Commission, an accreditation agency, declined to extend Thunderbird’s accreditation to the proposed joint venture for undisclosed reasons. Approval by the commission is necessary for its students to qualify for federal student loans and grants.

Critics of the deal, including a sizable portion of Thunderbird’s alumni, are likely to see the accreditor’s decision as a victory of sorts because they have been vehemently opposed to the hook up. But Thunderbird has said the deal is badly needed to help the troubled school’s financials.

THUNDERBIRD’S LOSSES MORE THAN DOUBLED LAST YEAR TO $8.7 MILLION

Thunderbird lost $8.7 million in fiscal 2013, more than twice as much as it had lost a year earlier. An early pioneer in creating a truly global MBA education, the school’s distinctiveness has been greatly diminished as other business schools have become more international. Applications to the school’s flagship MBA program have plunged by nearly 75% in the past 15 years.

The decision puts into jeopardy the deal between Thunderbird and Laureate which would have provided Thunderbird with a cash infusion of nearly $52 million for a sale-leaseback of the school’s Glendale, Ariz., campus.The partnership would allow Laureate to leverage the Thunderbird brand at its for-profit campuses around the world.

The ruling by the accreditation agency was first disclosed by The Wall Street Journal which reported that Thunderbird officials issued a brief statement to the school community. “Thunderbird is continuing conversations with HLC,” said Thunderbird President Larry Penley and Board Chair Ann Iverson. Trustees, they said, are also “exploring various strategic alternatives, including models of collaboration with Laureate,” to address the concerns of the accreditation agency.

The Journal reported that the school didn’t say what those concerns were, nor did the HLC’s notice indicate why its own board voted against the agreement.

DON’T MISS: THUNDERBIRD: ‘A LAUGHING STOCK’ or THUNDERBIRD: A CASE STUDY IN ORGANIZATIONAL DECLINE

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.