Hello everyone — Welcome back to Poets&Quants’ Must Reads, a quick, digestible recap of the top business school news, sponsored by CentreCourt, P&Q’s virtual admission events.
I’m your host, Kristy Bleizeffer, and I’ll be highlighting the most important P&Q stories you might have missed. So, let’s get to it.
No. 1: What’s New In Kellogg’s ‘Founder Focused’ Entrepreneurship Program
Since Poets&Quants’ last deep dive into Kellogg School of Management’s entrepreneurship ptorgrm in the program in October 2020, Northwestern University has added several new facets.
It appointed a new director in 2021, David Schonthal, who is doubling down on the “founder-focused” approach to entrepreneurship that is central to the school’s Zell Fellowship Program. It’s also added new courses focused on creating markets in emerging economies, and created new opportunities for experiential learning.
For example, The Levy Inspiration Grant gives $5,000 sti
pends for students to study a business problem anywhere in the world for the sole purpose of getting inspired. Grant recipients have studied business ventures tackling destruction of Australia’s Great Barrier Reef, food tech in Latin America, and many others.
You read our full report of what’s new in Kellogg’s entrepreneurship program in our news tab.
No. 2 Chicago Booth Gets Second-Largest Gift Ever at $100M
It’s one of the biggest gifts a business school has ever received, and the second-largest ever at the University of Chicago Booth School of Business. The B-school announced Monday (May 1) that entrepreneur and philanthropist Ross Stevens, Ph.D. ’96, has made a gift of $100 million to the school’s Ph.D. program to advance the frontiers of academic business research. In recognition, the program will be renamed the Stevens Doctoral Program.
“Thanks to Ross’ extraordinary generosity and bold vision, the Stevens Doctoral Program is poised to accelerate and broaden the impact of its scholars now and long into the future,” says Booth Dean Madhav Rajan.
Stevens is the founder and CEO of New York-based Stone Ridge Holdings Group, which focuses on alternative asset management, reinsurance and bitcoin.
Read how the school will use the behemoth windfall in our news tab.
No. 3 100 Best and Brightest MBAs, Class of 2023
Now in its 9th year, the Best & Brightest honors 100 full-time MBA graduates at elite business schools worldwide. In December, P&Q reached out to 77 graduate business schools to invite them to participate in this year’s Best & Brightest. We encouraged them to nominate students with strong academic, extracurricular, and professional achievements – high potentials with rare intangibles and compelling personal stories.
Overall, P&Q received 235 nominations from 74 full-time MBA programs. Like previous years, nominees were evaluated on extracurricular leadership, personal excellence, and the insightfulness of their responses and recommendations. In the end, 62 business schools are represented among the 100 students in the 2023 list. While 135 nominations missed the Best & Brightest cut, the top-to-bottom quality of these students means they will be profiled as MBAs To Watch this summer.
You can read about all of these inspiring MBAs now, on our homepage.
No. 4: Our Weekly Round Up of News You Can Use
No matter where you are in your MBA journey, we bring several helpful stories for you this week.
First up: The Graduate Management Admission Council has opened registration for its new version of GMAT –- called GMAT Focus – but hasn’t yet announced when the test will actually be administered. Get all the registration details on our homepage.
Next: If Stanford Graduate School of Business is on your short list of MBA programs, don’t miss this must read story: Top Tips For Applying To Stanford Graduate School Of Business. You can find it in our admissions hub.
Finally: If you’re on the hunt for a fat employment package from a big consulting firm, or if you’ve secured the offer but are now looking at a delayed start date, don’t miss our latest reporting on the troubled sector. What Do The Consulting Hiring Delays Mean For The MBA Class Of 2023? offers a clearer picture on the troubling jobs landscape for consulting MBAs. You can read it from our homepage.
And, that’s it for this week’s Must Reads recap.
I also want to alert school seekers to Poets&Quants’ upcoming MBA Festival admission event. In these virtual panels, you’ll hear from admission gurus and career experts from leading business schools around the world. Our next event is June 6-7, and you can register now for free.
Again, I’m Kristy Bleizeffer, and you can join me next week, right here, for a recap of what’s important in the world of business education. Thanks for listening and, as always, stay informed!
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