The move to No. 48 represents a significant – and historic – bump, advancing the Rutgers Full-Time MBA program into the Top 50 tier for the first time.
Rutgers remains the No. 1 public MBA program in the New York metropolitan area based on the latest information compiled by U.S. News & World Report and released March 10. Overall, Rutgers placed as the No. 24 public business school in the U.S. in the latest rankings.
The U.S. News & World Report ranking highlighted some of the strong points of the Rutgers MBA program, including a nearly 94 percent rate of post-graduate employment and a 12.5 percent increase over last year in average starting salaries for graduates of the MBA program.
“We are very proud of the new ranking that propels Rutgers Business School into the Top 50 MBA programs in the US,” RBS Dean Lei Lei said. “The ranking adds to a growing momentum that is taking Rutgers Business School to new levels of success.”
The U.S. News and World Report ranking highlighted some of the strong points of the Rutgers MBA program, including a nearly 94 percent rate of post-graduate employment and a 12.5 percent increase over last year in average starting salaries for graduates of the MBA program.
"We are very proud of the new ranking that propels Rutgers Business School into the Top 50 MBA programs in the U.S.,'' RBS Dean Lei Lei said. "The ranking adds to a growing momentum that is taking Rutgers Business School to new levels of success."
The future chief executives of the United States see Russia as a "high-risk, high-reward" place to make money, at least according to a group of MBA students visiting Moscow last week from top U.S. university Rutgers.
Graduating from law school in a bad economy has a relatively small impact on lifetime earnings relative to graduating with a bachelor’s degree, according to a preliminary draft research paper by the researchers, Rutgers Universityeconomics and business professor Frank McIntyre and Seton Hall University law professor Michael Simkovic, a visiting research scholar at Fordham University’s law school.
Though unemployment levels at graduation affect pay for the first four years, particularly in boom times, the impact fades as law graduates gain experience, according to the new paper (available here) by McIntyre and Simkovic. (The researchers’ previous paper on the value of a law degree is here.)
Michael Santoro, a world renowned business ethics teacher, scholar and consultant gives a talk. He is a Professor of Management and Global Business at Rutgers Business School and holds a Ph.D. in public policy from Harvard University, a J.D. from New York University, and an A.B. from Oberlin College. Part of the Spotlight on the Humanities: Justice, Ethics and Public Life series. Community Room
“A large body of evidence . . . indicates that the net effect of patent litigation is to raise the cost of innovation and inhibit technological progress.”
To Members of the United States Congress:
We, the undersigned, are economics and legal scholars who study innovation, intellectual property law, and policy. We write to respond to lobbyists and others who claim there is little empirical evidence available to assess the performance of the American patent system. In fact, a large and increasing body of evidence indicates that the net effect of patent litigation is to raise the cost of innovation and inhibit technological progress, subverting the very purpose of the patent system. As members of Congress debate reforms to improve the patent system we hope they appreciate the failings of the current system, and implement salutary reforms.
Perhaps the only thing that changes more rapidly than technology in today's amped-up digital environment is the terminology used to describe that technology and its impact on consumers--and marketers. One recent example is the advent of the term "omnichannel" marketing, which many struggle to differentiate from another relatively recent term--"multichannel" marketing.
It's the challenge of omnichannel marketing, and it looks more similar to a spiderweb than a racetrack. "The difference between multichannel and omnichannel really comes down to a company's approach to digital channels," says Stacy Schwartz, a digital marketing expert, consultant, and adjunct professor at Rutgers Business School. "Companies that focus on maximizing the performance of each channel-physical, phone, web, mobile-have a multichannel strategy. They likely structure their organization into ‘swim lanes' focused on each channel, each with their own reporting structure and revenue goals." The result, she says, is competition-which sometimes "serves the greater good and other times generates friction and misaligned incentives."
That's where an omnichannel approach comes in. "An omnichannel approach puts the customer, not corporate silos, at the center of its strategy," Schwartz says. "It acknowledges that mobile and social have enabled customers to not only quickly switch between channels, but actually use channels simultaneously. For example, checking out product reviews on their mobile phone while evaluating a product on a physical retail store shelf."
In light of Black History Month, WalletHub identified the most ethnically and linguistically diverse landscapes among 350 of the most populated U.S. cities. In order to do so, we examined each city across three key metrics, including racial and ethnic diversity, language diversity and region of birth diversity. The results, as well as expert commentary and a detailed methodology, can be found at the following link.
Cash in the state’s bank account is at least $100 million short of what’s recorded in the finance department’s ledger, pushing officials to adjust reserves by that amount, to about $650 million. The blame, the current administration says, lies with the introduction of a new accounting system in 2006.
The state is working on its report for fiscal 2014, which ended June 30, Clifford said.
The IEL programs target NJ/NY executives from business, nonprofits and government, though IEL’s programs have been recognized for their quality and its annual conference typically draws prominent speakers from throughout the country.
For the spring, IEL will now offer customized training programs. The programs give participants an opportunity to learn and apply ethical leadership principles through case studies related to their business and industry. The IEL staff and consultants will work closely with division managers and executives to customize programs that focus on risk assessment and real-life ethical challenges facing their employees.
“We see evidence in the news every day that ethical leadership is needed more than ever,” commented Judy Young, the executive director of the Rutgers Institute for Ethical Leadership. “Our diverse programs provide several options to instill in leaders a deeper understanding of the correlation between ethical decisions and their organization’s success.”
The Veterans Administration has approved the Mini-MBA: Engineering and Technology Management program, meaning veterans can use money provided through the GI Bill to pay for the course fees.
The Rutgers Mini-MBA in Engineering and Technology Management was developed in collaboration with IEEE, the world's largest professional association. This course was created to enhance business acumen at the managerial level. The program digs deep into learning business strategy, financial analysis, and change management.
Since 2011, Rutgers Business School Executive Education (RBSEE) has worked closely with dozens of Johnson & Johnson regional employees to design and execute a customized global digital learning plan.
Scott Creighton, global vice president, marketing excellence group at J&J, said the Rutgers Corporate Program delivered material that was not only relevant and engaging but was also thought provoking.
Creighton had this to say about his company's experience with Rutgers:
"As I look back on the programs we have done and executed, there are two things that really stick in my mind. The first one is that Rutgers, regardless of the level of the program – from the introductory to the senior level – has taught our participants how to think better about how to approach digital."Secondly, like ourselves Rutgers has a passion for improving these courses. We have increased the effectiveness of these courses, and I'm really pleased with the results that are happening in the marketplace."
The concept behind the massive solar project sounded simple enough: borrow $88 million to install panels on public buildings in Morris, Somerset and Sussex counties and then sell excess electricity, using the revenues to pay off the debt.
The concept was called the "Morris model," held up nationally as an example of how to produce renewable energy through public-private partnerships. It was the second project of its kind and the previous one was hailed as a success.
But now, nearly four years later, taxpayers could be on the hook for tens of millions of dollars the counties owe bondholders, after work ground to a halt amidst cost overruns and lawsuits.
The New Jersey Transportation Trust Fund is in dire financial shape and its future solvency prospects are bleak. There are two main reasons why the fund has reached this nadir: New Jersey has one of the lowest gas taxes in the country and as vehicles' fuel economy continues to improve, it lessens their need at the pump, resulting in correspondingly less gas tax paid. As a result of anemic resources, the states' bruised and battered bridges and roadways are in a woeful state of disrepair.
What are New Jersey's options? In theory, raising the gasoline tax seems the most obvious: as a quid-pro-quo for riding on our state's roads, there should be a corresponding price tag. Yet, for our Governor, who has his feet in Trenton but both eyes on the White House, the notion of raising the gasoline tax (or, for that matter, any tax) is a political nonstarter.
But there is another option to raise revenue with a proven track record that New Jersey state lawmakers should seriously explore. Consider that there are currently millions of New Jersey tax dollars that remain uncollected - enough to plug the New Jersey Transportation Fund's budget gap and then some. To collect a large portion of these unpaid taxes, New Jersey should suspend the drivers' licenses of those who shirk their civic obligations to pay taxes.
The size of the United States prison population is well established, as is the fact that it is the largest in the world. What is less certain is what these 2.8 million people (1 in 35 adults) can do after they have paid their debt to society. Employers have commonly included a box on employment applications for applicants to check if they have any previous arrests or convictions.
Many companies have had a blanket exclusion policy—any applicant who checks the prior arrest/conviction box is automatically rejected, and the firm makes no further effort to determine the reason the box is checked. With blanket exclusions, no one with any criminal history can get a foot in the door for a job. This raises two issues: 1) The societal cost of recidivism and 2) The racial discrimination from disparate impact.
At Newark City Hall, the phone rings every minute or two at the Department of Economic and Housing Development.
Callers asking about Newark’s Valentine’s Day special this Saturday at City Hall from 9 a.m. to noon: for $1,000, anyone — singles and couples — can buy a city-owned vacant lot. Only 100 are up for sale. You can find them all online.
Newark wants to grow its tax base and wants buyers to build not just houses, but better and bigger neighborhoods.
"It’s about how you can change communities from the inside out,” said Dr. Jeffrey Robinson, the academic director at the Center for Urban Entrepreneurship and Economic Development at Rutgers Business School.
"In the city of Newark, the home ownership rate is something on the order of 22 percent. You compare that to the state of New Jersey where it’s 67 percent, you can see that Newark has a long way to go. So, why not? Why not try to attract more homeowners?” Robinson asked.
The dollar value of New Jersey's exports was flat in 2014, offering little help to the state's struggling economy, even as the state saw a 6 percent increase in the value of goods that came into its ports, just released trade figures show.
The state's flat export figure in 2014 follows two years of export declines. The last time the state's exports increased was in 2011. The state's 2014 import figure was the largest since 2008, and came after a slight decline in 2013.
"What we have had is a double whammy," he said. The dollar has strengthened, which makes U.S. goods more expensive to foreigners, who as a consequence often buy less, he said. And the economic weakness of many other countries, especially in Europe, means they can't afford to buy much from New Jersey, he said.
"Our economy seems to be the only one on this planet that is on an upward path," he said.
The publication researched 118 non-MBA online graduate business programs including master's degrees in accounting, finance, insurance, marketing and management. The Master of Accountancy in Governmental Accounting program (GOVMACCY) has been educating students in this niche area of accounting since 2007 – 100 percent online from the beginning.