Olin’s very own Cliff Holekamp, senior lecturer in entrepreneurship, director of the of the MBA Entrepreneurship Platform, and partner in Cultivation Capital, is on the 100 top professors of entrepreneurship worldwide list published by the Hot Topics site.
Cliff Holekamp, second from left, on the Domain Tech Review with students.
According to the site, entrepreneurs nominated the professors.
Olin’s undergraduate program remains at #14 for the second consecutive year on the U.S. News ranking. The BSBA finance program is ranked #16 and marketing is #21. The undergraduate business school rankings are based solely on the judgments of deans and senior faculty at peer institutions gathered via a survey conducted in the spring.
U.S. News changed its methodology this year by using survey responses from the two most recent years instead of the current year only. In 2015, 37 percent of those surveyed responded. The rankings of the specialty areas such as finance and marketing are based solely on the spring 2015 survey and respondents are asked to nominate the 10 best programs in each business area. For a complete explanation of the undergraduate business programs methodology, click here.
U.S. News also released its survey of Best Colleges. Washington University in St. Louis was ranked #15 in the National University category. For the methodology used in this ranking, click here.
Olin Business School’s MBA program moved up four spots to #31 in the biennial Forbes ranking of Best Business Schools. The rankings will be published in the print edition of the magazine Sept. 11, 2015 and available online. Link here.
Forbes’ rankings are based on the return on investment over the five years post graduation. This year’s survey is based on data provided by the school’s full time MBA class of 2010
Kurt Badenhausen, senior editor at Forbes, explains the methodology, “We compared the alumni earnings in their first five years out of business school to their opportunity cost (two years of forgone compensation, tuition and required fees). We measure total compensation, including salary, bonuses and exercised stock options.
“We assume that compensation would have risen half as fast as their post-M.B.A. salary increases had these alumni not attended business school. The ‘5-year M.B.A. gain’ represents the net cumulative amount the typical alumni would have earned after five years by getting their M.B.A. versus staying in their pre-M.B.A. career.”
The schools are all ranked based on their 5-year M.B.A. gain. Schools were not included if alumni response rate fell below 15% or the ROI was negative after five years.
Jake Price , BSBA’17 and Erin Gaffaney , A&S’17, have launched an ACT/SAT test prep company that provides high quality and low cost tutoring to high school students in the St. Louis Area. Gaffaney and Price discussed their new ACT/SAT prep company on Fox2 Friday, Sept. 11 at 11am.
Here’s the news release from BEST THE TEST:
As college admissions become more competitive, more students are taking advantage of ACT or SAT tutoring. Higher test scores can get students into better schools and also earn them more financial aid. However, the national average for this kind of test prep is $100-$200/hr, a price most families cannot afford. That is why Price and Gaffaney founded Best The Test. Their hope is to provide low cost, high quality tutoring, to increase the possibility of a great college education for students of all socioeconomic backgrounds. Their new program, Best The Test, prides itself on charging less than half the price of other companies.
Best The Test also prides itself on having relatable and qualified undergraduate tutors from Wash U. Unlike other companies, whose tutors are 10+ years removed from taking the ACT or SAT, Best The Test’s employees have recently taken and excelled at these tests. The company’s tutors are required to be the top scorers in the nation on these exams, possessing a 32+ ACT or a 2220+ SAT. They also complete formal training in order to effectively teach the material and ensure the best experience for every student
To provide students with the same resources as a big name tutoring company, Best The Test has developed its own test prep book for each of the two tests. In addition, each tutoring program features a diagnostic test, hundreds of new practice and homework problems, a full practice test and the best tips and tricks for success.
For more information about Best The Test, visit http://www.BestingTesting.com or reach us at Erin@BestingTesting.com or (949) 584-3701.
Professor Glenn MacDonald tells the St. Louis Post-Dispatch that a minimum wage increase actually would harm the people at the bottom of the pay scale. “In fact, it is exactly those people who won’t be helped because they are the people who will wind up getting fired.”
MacDonald suggests that the working poor here and elsewhere would be better served if lawmakers focused on other avenues to raise their quality of living. He said minimum-wage legislation is just political pandering, and he likened it to “vote-buying.”
Link to article: St. Louis minimum wage may face problems without equivalent in St. Louis County
9/7/15
Professor and former dean Stuart Greenbaum tells Bloomberg.com why candidates are turning down plum spots on corporate boards. Time, liability, reputation, and scrutiny from regulators are just a few of the reasons he cites. Link to article.
