MBA Roundup: Top Consulting Firms Are ‘No Help At All’ According to Study

Top Consulting Firms Are ‘No Help At All’ According to Study

Yahoo: “Drafting in any of the “big three” management consultancy firms to help companies with certain projects has no positive effect and sometimes even make things worse, a survey of their former clients has found.

The study, which polled 702 bosses and project managers, found that 84 percent of those that worked with the so-called big three firms, which includes McKinsey, Bain and Boston Consulting Group (BCG), found them to have been “no help at all”, while three percent believed they actually hindered a project.

Only 13 percent respondents said the big beasts of management consultancy were more of a help than a hindrance, the poll said.”

To read the full story, click here.

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University of Virginia, Darden School of Business, MBA Program at the Charlottesville Campus

Meet the 8 New Faculty Members Joining UVA Darden

Charlottesville, VA: “New students aren’t the only fresh faces on Grounds this year. We’re also welcoming an impressive group of professors.

Eight scholars have joined the University of Virginia Darden School of Business ahead of the 2024-25 academic year. They bring valuable knowledge in key areas such as finance, accounting, marketing, business operations, strategy and data analysis.

Let’s meet them:

Ramona Dagostino, Assistant Professor, Finance Area

Before Darden: Ramona joins Darden from Simon Business School, University of Rochester, where she was an Assistant Professor. She earned her PhD in finance from London Business School.

Research: Ramona’s research focuses on banking, political economy and municipal finance.

Classroom:  She will teach in the core finance course and an elective on Impact Investing.

Learn more about Ramona: On her Google Scholar page.

To read seven additional profiles, click here,

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MBA pay

MBA Jobs With Better Hours That Still Pay Well

U.S. News & World Report: “Earning an MBA can cost upward of $70,000 a year, so many graduates seek high-paying jobs for a good return on investment. But job flexibility and work-life balance also weigh heavily in career decisions for MBA grads, experts say.

“It’s not necessarily just the hours, because let’s be real: MBAs know that if they’re going to be making the money they’re wanting to make, they’re going to have to put in the work,” says LaTanya Johns, assistant dean of the Benet Career Management Center and Professional Development for the Simon Business School at the University of Rochester in New York.

“Sometimes when we talk about paying well or financial benefits, we have to be thinking about what are some other benefits that are sought after – that work-life balance or that fast track, those are things they value just as much if not more.”

Administrators at business schools say their programs teach the importance of work-life balance because many MBA grads will be managing others. They need the skills to “create work environments that facilitate work-life balance for their employees so that they can attract and retain the best talent possible,” says Jack Smothers, professor of management and MBA program director at the Romain College of Business at the University of Southern Indiana.

To see how much you can earn in the jobs that require the least hours, click here.

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