To keep up, business schools themselves must change. Rice University's Jones Graduate School of Business – long a top business school for graduate students – launched a brand new program for undergrads in 2021 to create leaders for issues like the energy transition. Georgia Tech's Scheller College of Business – known for its pioneering approach to merging technology with business – has a new dean with a strong vision.
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The new, shorter Graduate Management Admission Test that applicants began to register for in August is likely to change the way business schools look at scores for what remains the primary entrance exam to MBA programs. The Marshall School enrolled an MBA class with a 732 average Graduate Management Admission Test score, up 16 points from the score reported for the Class of 2021. In fact, Marshall had a great 2021, too — in the two classes that have enrolled since 2020, the Southern California B-school has seen its GMAT average jump an incredible 25 points.
More than 70 teams from universities nationwide applied to participate in the competition, hosted by Emory’s Goizueta Business School. Named for the late U.S. Rep. John Lewis, it connects students and corporations to drive racial justice and equity.