Business administration education and career news for students and professionals.
Business schools around the globe are attempting to improve their campuses – and compete for the best students – with major renovations and new construction.
Despite the risk to schools – the number of applications for MBA programs is slightly down in recent years –there is a need to keep pace with competitors in what they offer students.
The United States Congress should establish an accreditation agency to assess the value of free college-level courses offered over the Internet, according to Mark Rubio, a U.S. senator and potential 2016 Republican presidential candidate.
Rubio’s idea is part of an overhaul he is proposing for how students earn four-year degrees, a plan that also calls for alternatives to four-year colleges for some disciplines and income-based repayments for college loans.
The unemployment rate fell to 6.6% in January, the lowest rate since October 2008, the Department of Labor reported on Friday.
However, a separate report on the number of new jobs showed the job growth rate has slowed considerably. Most media outlets reported the news surrounding the two reports is not a good sign.
A year after transferring from her post as head of UCLA Extension to a position with the American Council of Education, Cathy Sandeen recently wrote an opinion piece outlining the major issues confronting colleges nationwide.
Her opinion article for the Huffington Post provides insight into what experts within the education system see as the biggest challenges for the country’s colleges and universities. Sandeen is the American Council of Education’s vice president for education attainment and innovation.
Rhode Island-based CVS announced this week that it would stop selling cigarettes in its stores, saying that such sales are not conducive to a store that is trying to focus more on providing healthcare products.
The move, while perhaps popular with the CVS target audience and partners in the healthcare industry, will prove expensive for the retailer.
Microsoft appointed a new chief executive officer for just the third time in company history this week, tapping Satya Nadella to lead the 38-year-old software giant.
Nadella will replace Steve Ballmer, who had announced last summer that he would leave the company within a year.
The cutting of education funds by individual states is a contributing factor to the skyrocketing costs of higher education, according to an official from the Center on Budget and Policy Priorities.
Consumer spending rose in the final quarter of 2013, beating out estimates by most economists.
The Department of Commerce reported this week that consumer spending increased by 0.4% in December, after a 0.6% increase in November.
According to Reuters, economists surveyed by the news agency had predicted that the economy would grow by 0.2% in December.
Facebook posted a 76% growth in advertising revenue in the final quarter of 2013, a number that surprised Wall Street experts, according to multiple news sources.
The increase, according to Forbes, is primarily the result of better advertising pricing. The Facebook mobile platform is also gaining in popularity, with record revenue growth in the fourth quarter.
JPMorgan announced this week it will give $1 million to schools to improve higher education courses for United States military veterans.
In a press release, Maureen Casey, the director of military and veterans affairs for JP Morgan, said the money is meant to help veterans make the transition from serving their country in a military capacity to the working world.
