Business School Reforms Get the Green Light
By
Alison Damast
Bloomberg Businessweek
April 20, 2012
A B-school mentoring program in Mumbai, an executive MBA in Kenya, and degree programs for military veterans are just some of the projects that received $7.1 million in funding from the Graduate Management Admission Council (GMAC) this week.
A B-school mentoring program in Mumbai, an executive MBA in Kenya, and degree programs for military veterans are just some of the projects that received $7.1 million in funding from the Graduate Management Admission Council (GMAC) this week.
The grants were the culmination of a contest—the Ideas to Innovation Challenge, launched in 2010—that asked the business school community and the business world for ways to improve management education. Last January, GMAC, the Reston (Va.)-based group that administers the GMAT exam, awarded $262,500 in cash prizes to 20 of the most promising ideas...
