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MBA News Roundup from Knewton GMAT

Posted in Test Prep on August 23, 2010 by

Starting this week, we’re launching a series featuring recent news about MBA preparation, business school, the GMAT, and developing your business brain.  Be sure to check out Knewton’s weekly updates to stay in the know about all things business.

1. History of the Internet

Getting online GMAT prep and an online MBA was unheard of half a decade ago, but thanks to the Internet, it’s possible today.  This infographic from OnlineMBA shows the growth of the “Intergalatic Network” to all of its current glory.

2. The Pros and Cons of B-School

This BusinessWeek article features Andy Rinehart, a JD/MBA candidate at Wake Forest University.  Rinehart discusses how his army background prepared him for b-school and how only after his first year, he already has a good sense of where he wants to be post-MBA.

3. Ten Mistakes You’ll Make When Starting a Business

Neil Patel from QuickSprout provides a good reality check and straightforward advice for everyone with entrepreneurship dreams.

4. Cornell Admissions Q&A

An admissions director at Cornell’s Johnson School gives a wide range of advice for b-school applicants including which round to apply and what to do if you’re waitlisted.  This BusinessWeek Q&A also provides information about Johnson’s Sustainable Enterprise Center, scholarship availability, and the correlation between strong GMAT scores and strong performance in core classes at b-school.

5. Forgive and Remember: How a Good Boss Responds to Mistakes

Robert Sutton from the Harvard Business Review advises people not to forget mistakes, but to remember them as lessons to make better decisions in the future.  This article contains great tips for bosses and future bosses alike.

6. Five Steps to a Fantastic LinkedIn Profile

Lindsey Pollack, a campus spokesperson for LinkedIn, provides great tips on how to get the best use out of your profile.

7. The High-Intensity Entrepreneur

This Harvard Business Review article explains how growing a business from scarce resources is still possible and definitely encouraged.  A must read for aspiring entrepreneurs, especially those in developing countries.

8. B-Schools All A-Twitter Over Social Media

Who would’ve thought that Facebook and Twitter tips would one day be taught in the classroom?  B-schools are launching courses in Internet marketing and social media strategies, two integral features of today’s businesses that are bringing companies closer to consumers than ever before.

9. The MBA is Dead — Get An MBS Instead

This Poets and Quants article discusses how renaming the degree could revamp its image and eliminate the ambiguity of “business administration.”

10. Boot Camp Teaches Vets to Work for Themselves

An NPR interview with Michael Haynie, assistant professor at the Whitman School of Management at Syracuse University and founder of Entrepreneurship Bootcamp for Veterans with Disabilities, a company that helps veterans start their own businesses.

Be sure to follow KnewtonGMAT on Twitter for more MBA news updates!