Word: mba
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Harvard Business School (HBS) earned a first-place ranking last month in the Financial Times’ annual evaluation of MBA programs around the globe. HBS tied for first with the Wharton School at the University of Pennsylvania, which has perennially held the top spot alone...
...rankings were based on 20 criteria, with particular weight on graduates’ salaries three years after completing an MBA program...
Twenty percent of the Times’ assessment of each school stood in the “weighted salary” of its graduates—that is, the average salary of MBA-holders three years after graduation, with adjustments for variations between industry sectors. The salary increase from entrance into business school to three years after graduation accounted for another 20 percent of each school’s rating...
...spokesman David R. Lampe downplayed the importance of the Times’ assessments of MBA programs...
Burnes, or “Rick” as he is commonly called, has stuck close to the Boston area for much of his life. He grew up in Framingham, Mass. He moved from Framingham to Cambridge for college. After Harvard, Burnes got his MBA from Boston University. In 1970, he co-founded Charles River Ventures, a successful venture capitalist firm. He is married to Nonnie S. Burnes, a judge in the Massachusetts Superior Court, and has three children...