Word: mba
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Dates: during 1990-1999
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...things to know about Karen Tumulty, who was one of the main reporters on this week's cover story about minority whip Newt Gingrich -- and who wrote the accompanying story about House Speaker Tom Foley -- are that in her apprentice years as a journalist she acquired an MBA from Harvard and once covered a cow- milking contest by entering it. Plenty of reporters prove their tenacity by tracking down politicians in rest rooms, coaxing home numbers from prosecutors or outdoing fire fighters on lost sleep. Tumulty has done that; but her toughness reflects a quiet ability...
...There's a lot of extraordinarily talented people who are not here, have not even thought about being here," Schlesinger said, "because the opportunity cost of going for a two-year MBA degree is too high...
...What next?" asked another student after the proposal came out. "Will Sally Struthers be pitching the mail-order HBS MBA? Let's think about what this means for the value of a HBS degree in the future...
Cash and Schlesinger told students at the meeting that sections would stay in place. Even the format of the two-year MBA they are now completing could be followed if students choose to use their summers for job experience, the professors said...
Summer job experiences are crucial for the appreciation of the second year of business school, she held, "but a lot of students, including me, would be penny-wise and pound-foolish and decide to go through the MBA in 16 months...