Stanford GSB | Mr. Ambivalent Applicant
GMAT 720, GPA 3.7
Wharton | Mr. Data Dude
GMAT 750, GPA 4.0
Columbia | Mr. Reinvention
GMAT 780, GPA 2.3
Kellogg | Mr. Hopeful Green CPA
GMAT 690, GPA 3.96
Harvard | Mr. Infantry Commander
GMAT 730, GPA 3.178
Stanford GSB | Mr. Latin American
GMAT 770, GPA 8 of 10
Columbia | Mr. Brandless
GMAT 730, GPA 3.7
Tuck | Mr. Mega Bank
GMAT 720, GPA 3.3
Stanford GSB | Mr. Tier 2 Consultant
GMAT 770, GPA 3.65
Harvard | Mr. Latin International
GMAT 710, GPA 3.2
Harvard | Ms. Indian Deferred
GMAT Will take next month but expecting 750+, GPA 8.0
Stanford GSB | Mr. Immigrant Entrepreneur
GMAT 750, GPA 3.8
Stanford GSB | Ms. Decision Scientist
GMAT 730, GPA 3.9
NYU Stern | Mr. Media Tech Hopeful
GRE 321, GPA 3.2
Stanford GSB | Mr. Future MBA
GMAT 740, GPA 3.78
Wharton | Mr. Biotech Social Impact
GMAT 720, GPA 3.4
NYU Stern | Mr. Indian Data Guy
GRE 325, GPA 7.06
Harvard | Mr. Tech Start-Up
GMAT 720, GPA 3.52
NYU Stern | Mr. Beer Guy
GRE 306, GPA 4.0
Harvard | Ms. HR To Finance
GMAT 760, GPA 7.65/10
McCombs School of Business | Mr. Microsoft Consultant
GMAT N/A, GPA 2.31
Columbia | Mr. MD/MBA
GMAT 670, GPA 3.77
Cornell Johnson | Mr. Social To Tech
GMAT 700, GPA 2.7
Harvard | Mr. CPG Product Manager
GMAT 720, GPA 3.5
NYU Stern | Mr. Brolic Bro
GRE 305, GPA 3.63
Tuck | Mr. Running To The Future
GMAT 720, GPA 3.5
London Business School | Ms. Audit Meme
GMAT 710, 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 not to extend Thunderbird’s accreditation to the joint venture 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.