B-School Bulletin: New High Salary For Tuck MBAs, & More

Demand remained strong for Tuck graduates in 2017 with 95% receiving job offers within three months

Average Salary Rises To New High For Tuck School MBAs

News from Dartmouth College Tuck School of Business

“The average first-year base salary and signing bonus for Tuck’s newest graduates was a record $158,194, according to employment data for the class of 2017 released today.

“The mean annual base salary increased to $127,986 and the mean signing bonus climbed 4 percent to $30,208. The median annual base salary for T’17s held at $125,000, with a median signing bonus of $25,000.

“Demand remained strong for Tuck graduates in 2017 with 95 percent receiving job offers within three months after graduation and 92 percent accepting positions within that same timeframe.”

Aziz Ansari went to Stern as an undergraduate

Aziz Ansari, Stern ’04, Among 6 From NYU To Win Golden Globes

News from NYU Stern School of Business

“Six members of the NYU alumni community were among the honorees when the Hollywood Foreign Press Association announced its winners for the 75th Annual Golden Globe Awards.

“The winners included five alumni members from NYU’s Tisch School of the Arts (TSOA) and one alumnus from NYU’s Stern School of Business.

“Two NYU honorees made history during a night of firsts for the Golden Globes. Sterling K. Brown (TSOA, ’01) was the first African-American actor to win for Best Performance by an Actor in a Television Series – Drama, and Aziz Ansari (Stern, ’04) was the first Asian-American actor to win Best Performance by an Actor in a Television Series – Comedy.”

The Future Of Finance? A Look At Bitcoin’s Boom And How Cryptocurrency Works

News from Johns Hopkins University Carey Business School

“The first time monetary value was assigned to bitcoin—a theoretical, nebulous token exchanged around the Internet—was in 2010 when a Florida programmer traded 10,000 coins in exchange for two Papa John’s pizzas. With that trade, one bitcoin was assigned an initial value of less than a quarter of a penny.

“Today, a single bitcoin could purchase 1,500 Papa John’s pizzas, pay for delivery, and provide an extremely generous tip for a driver.”

How Blockchain Could Radically Alter Global Finance

News from Northwestern University Kellogg School of Management

“Since its creation in 2008 by the mysterious Satoshi Nakamoto, Bitcoin has fascinated the technical world and bedeviled law enforcement. The digital cryptocurrency gained notoriety for fueling Silk Road, a marketplace famous for selling illicit drugs, but subsequently won commercial acceptance from outlets like Expedia and Overstock.com. More recently, Bitcoin has been the object of much attention for its wild price gyrations and the introduction of Bitcoin futures.

“While Bitcoin and competing cryptocurrencies have captured headlines, many industry experts believe the underlying technology that makes Bitcoin possible — known as ‘blockchain’ — could have a profound influence on the future of global finance.”

Vanderbilt Business Launches New MBA Admission Option For Vanderbilt Undergraduates

News from Vanderbilt University Owen Graduate School of Management

Owen Chief Admission Officer Tami Fassinger

“This January, Vanderbilt Business launched a new admission offering for current Vanderbilt seniors, VU2MBA. Designed to support the new Vanderbilt Minor in Business, VU2MBA better reflects the current job market; many employers expect MBA-graduate hires to have at least 2-3 years of qualified work experience in addition to the advanced degree.

“’It’s about the job demands and our commitment to helping with realistic employment options,’ said Chief Admissions Officer Tami Fassinger.

“Through VU2MBA, current Vanderbilt undergraduates can apply to the MBA program at Owen during the spring of their senior year, or within two months of graduation. If accepted, applicants may matriculate to the MBA program after working for 2-3 years.”

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