My MBA Career: Part-Time MBAs Experience a 16% Salary Increase in 2023

Last Updated on January 1, 2024 by Robert C. Hoopes

Michigan Ross Weekend MBA Program Leads to Career Advancement Opportunities

According to recent employment report data, the Michigan Ross Weekend MBA Program has emerged as a top choice for individuals seeking career advancement. A staggering 92% of reporting students in the program received promotions or changed job functions upon graduation, highlighting the program’s effectiveness in preparing students for professional growth.

The Class of 2023 witnessed a significant jump in median salary, experiencing a 16% increase from $140,000 to $162,500. This increase further solidifies the program’s reputation and indicates the value that employers place on Michigan Ross WMBA graduates.

Leading companies that hire Michigan Ross WMBA graduates include Ford Motor Co., McKinsey & Co., IBM, Boston Consulting Group, and PwC. These companies recognize the quality of education and skill set that students acquire from the program, making them highly sought-after candidates in the job market.

The report also reveals that the consulting and manufacturing industries accounted for the largest percentage of jobs for the class, with each sector representing 30.5%. Technology followed closely behind at 15.9%, demonstrating the diverse range of industries and opportunities available to program graduates.

Alumnus Alleges Misuse of Scholarship Funds at the University of Pennsylvania

In a federal lawsuit filed against Penn’s Trustees, Saul B. Rosenthal, an alumnus of the University of Pennsylvania, claims that scholarship funds intended for financially burdened business students were instead given to student athletes. Rosenthal, who has donated approximately $168,000 since 2012 to provide scholarships for economically disadvantaged students in the Wharton School, alleges that the trustees violated their agreement.

The lawsuit accuses the university of misusing scholarship funds and seeks legal action against the trustees. The allegations have sparked significant attention and raise concerns over the handling of financial aid meant to support students in need.

Lauder Business School Ends Affiliation with Harvard University

Lauder Business School, an affiliate of Professor Michael Porter’s Microeconomics of Competitiveness Network at Harvard since 2014, has decided to sever ties with the renowned institution. This decision was made in solidarity with the Jewish student community and was announced in a Facebook post. Although the move has gained media attention, Harvard has yet to respond to the decision.

Former Duke University Doctoral Student Sues Institution over Sexual Assault Allegations

A former doctoral student at Duke University, identified as “John Doe,” has filed a lawsuit against the institution, alleging that it failed to promptly investigate his claim of sexual assault by a faculty member. The student claims that the faculty member, referred to as “Professor X,” groomed and sexually assaulted him. The lawsuit further accuses the university of retaliating against Doe for bringing forward the allegations. At the time of the alleged assault, Doe was enrolled in a five-year PhD program at the Duke Fuqua School of Business.

Indiana Kelley School of Business Introduces Master in Management Program

The Indiana Kelley School of Business has joined other leading U.S. business schools in launching a Master in Management program. This program aims to equip students with essential skills and knowledge for success in management roles. By offering this degree, Indiana Kelley is expanding its academic offerings and catering to the growing demand for specialized business management education.