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Business school

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A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management . A business school may also be referred to as school of management , management school , school of business administration , college of business , or colloquially b-school or biz school . A business school offers comprehensive education in various disciplines related to the world of business.

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50-726: There are several forms of business schools, including a school of business, business administration, and management. Andreas Kaplan classifies business schools along four corners: The first business schools appeared in Europe in the eighteenth century and multiplied from the beginning of the nineteenth century. In the United States, common degrees in business are: Graduates in business may also have generically titled degrees such as Bachelor of Science (BS), Master of Science (MS) or Doctor of Philosophy (PhD). In Europe, higher education degrees are organized into three cycles under

100-506: A Stanford study of the world's top 2% of scientists. Kaplan received the annual Best Article Award from Business Horizons , sponsored by Elsevier , for his 2012 paper "If you love something, let it go mobile: Mobile marketing and mobile social media 4x4". In particular, his 2010 article co-authored with Michael Haenlein "Users of the world, unite! The challenges and opportunities of social media" published in Business Horizons

150-479: A bachelor's degree is tuition-free at public intuitions in several countries: Austria , Cyprus , Czech Republic , Denmark , Estonia , Finland , Germany , Greece , Malta , Montenegro , Norway , Poland , Scotland , Slovakia , Slovenia , Sweden , Turkey . In the German education system , most universities do not charge tuition, except for some executive MBA programs. French tuition fees are capped based on

200-408: A community colleges, charge $ 3,730 (€3,154) on average for in-state students, but these institutions usually do not offer Bachelors or MBA degrees. Private institutions in the United States all charge tuition, often considerably more than their public counterparts. Andreas Kaplan Andreas Marcus Kaplan (born October 5, 1977) is president of Kühne Logistics University . He is specialized in

250-521: A compassionate and fair way, to continue learning new information and concepts over a lifetime, to appreciate and gain pleasure from the beauty of the arts and literature and to use these as an inspiration and a solace when needed, to revert to our historical past for lessons that will help shape the future intelligently and avoid unnecessary mistakes, to create a sense of self-esteem that comes from personal accomplishments and challenges met with success. College placement counselor Loren Pope writes that at

300-674: A defined number of ECTS credits. Grande école business schools are elite academic institutions that admit students through an extremely competitive process, and the PGE ( Programme Grande École ) ends with the degree of Master in Management (MiM). Some business schools structure their teaching around the use of case studies (i.e. the case method ). Case studies have been used in graduate and undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information

350-464: A full-time, four-year course of study at a liberal arts college leads students to earning the Bachelor of Arts or the Bachelor of Science . These schools are American institutions of higher education which have traditionally emphasized interactive instruction (although research is still a component of these institutions) at the undergraduate level. While there is no nationwide legal standard in

400-678: A movement among small liberal arts colleges to make the SAT optional for admission to college in the early 2000s. Indeed, according to a 31 August 2006 article in The New York Times , "It is still far too early to sound the death knell, but for many small liberal arts colleges, the SAT may have outlived its usefulness." Sarah Lawrence College and Pitzer College dropped their SAT test score submission requirement for their undergraduate applicants in 2003 and 2004 respectively, thus joining

450-487: A premium rate for MBAs. All private and autonomous institutions in Europe charge tuition. In the United States, most public college and universities charge tuition. According to the CollegeBoard, the average cost for an out-of-state, or international student, to attend a public four year university in 2020 was $ 38,330 (€32,409), while the average in-state cost was $ 21,950 (€18,559). Two year public universities, such as

500-453: A response to this article on 12 March 2007 that stated that the evaluation of Sarah Lawrence is under review. As of 2007, according to U.S. News & World Report , Sarah Lawrence was the only "major" American college that completely disregarded SAT scores in its admission process. Currently Sarah Lawrence accepts SAT scores, but submitting these scores remains optional. Other liberal arts colleges that have since begun to no longer consider

550-412: A result of this policy, in the same Washington Post article, Myers stated that she was informed by the U.S. News & World Report that if no SAT scores were submitted, U.S. News would "make up a number" to use in its magazines. She further argues that if SLC were to decide to stop sending all data to U.S. News & World Report , their ranking would be artificially decreased. U.S. News issued

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600-440: Is a Liberal Arts Education and Why is it Important Today", defines the goals of a liberal arts education in the following manner: In a complex, shifting world, it is essential to develop a high degree of intellectual literacy and critical-thinking skills, a sense of moral and ethical responsibility to one's community, the ability to reason clearly, to think rationally, to analyze information intelligently, to respond to people in

650-717: Is a commonly accepted practice. The results from the peer survey also can act to level the playing field between private and public colleges." In reference to the alternative database discussed by the Annapolis Group, Morse also argued, "It's important to point out that the Annapolis Group's stated goal of presenting college data in a common format has been tried before ... U.S. News has been supplying this exact college information for many years already. And it appears that NAICU will be doing it with significantly less comparability and functionality. U.S. News first collects all these data (using an agreed-upon set of definitions from

700-904: Is a consortium of public liberal arts colleges . Many liberal arts colleges belong to the Annapolis Group , Oberlin Group , Women's College Coalition , and the Consortium of Liberal Arts Colleges . A number of liberal arts colleges are involved in Project Pericles or the Eco League . Other well-known consortia in the Eastern United States include the Little Three , Colby-Bates-Bowdoin Consortium ,

750-525: Is collaborative rather than competitive; values are central; there is a strong sense of community. They are places of great synergy, where the whole becomes greater than the sum of the parts. Aspirations are raised, young people are empowered. College and university rankings guides offer annual issues that rank liberal arts colleges separately from research universities. The Washington Monthly and U.S. News & World Report provide rankings specifically of liberal arts colleges. On June 19, 2007, during

800-536: Is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more. Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching: When Harvard Business School started operating in 1908,

850-502: Is the Tepper School of Business at Carnegie Mellon University . The goal is to provide students a set of tools that will prepare them to tackle and solve problems. Another important approach used in business school is the use of business games that are used in different disciplines such as business, economics, management, etc. Some colleges are blending many of these approaches throughout their degree programs, and even blending

900-644: Is widely cited (over 25,000 times on Google Scholar and over 6,000 times in Scopus ) and known in the field. This seminal article "Users of the World, Unite!" recurrently achieved first place in Science Direct's annual list of the 25 most downloaded publications across all 24 core subject areas covered in Science Direct, ranging from management to engineering , psychology , or neuroscience and thus

950-571: The Bologna Process in order to facilitate international mobility: bachelor's , master's and doctorates . The details of how degrees are organized vary between countries and institutions, but in terms of ECTS credits , where 60 credits represents a full academic year's work, a bachelor's degree typically requires 180–240 credits and a master's degree 90–120 credits. In France, those levels of study include various "parcours" or paths based on UE ( unités d'enseignement or modules), each worth

1000-692: The ESSEC Business School and Sciences Po Paris . Since May 2022, Kaplan is president and Professor of Digital Transformation at Kühne Logistics University in Hamburg. From 2017 to 2022, Kaplan has been Dean of ESCP Business School Paris , Sorbonne Alliance. Previously, he was the Rector of ESCP Berlin, acted as the School's Dean for Academic Affairs/ Provost and before as its Director of Brand and Communications . Moreover, Kaplan

1050-770: The Ludwig Maximilian University of Munich . He completed his Habilitation at the Sorbonne and his Ph.D. at the University of Cologne in cooperation with HEC Paris . Kaplan was visiting Ph.D. at INSEAD and participated in the International Teachers Programme at the Kellogg School of Management , Northwestern University . Before joining ESCP Business School, Kaplan started his career as marketing professor at

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1100-978: The Midwestern United States include the Associated Colleges of the Midwest , Five Colleges of Ohio , Associated Colleges of the Twin Cities , and the Great Lakes Colleges Association . Groups in the Southern United States include the Associated Colleges of the South and the Seven Sisters of the South . Chapter One of Howard Greene and Matthew Greene's Hidden Ivies: Thirty Colleges of Excellence , "The Liberal Arts: What

1150-618: The National Association for College Admission Counseling . Following two decades without required testing, the college found that the difference in graduation rates between submitters and non-submitters was 0.1%, that Bates' applicant pool had doubled since the policy was instated with approximately 1/3 of applicants not submitting scores, that non-submitting students averaged only 0.05 points lower on their collegiate Grade Point Average , and that applications from minority students rose dramatically. The Bates College study prompted

1200-853: The Seven Sisters Colleges , and the Little Ivies . Four Eastern colleges, along with the University of Massachusetts Amherst , are also part of the Five Colleges Consortium in Western Massachusetts and three Eastern colleges comprise the Tri-College Consortium. In Southern California , five liberal arts colleges with adjoining campuses and two graduate schools together form the Claremont Colleges . Consortia in

1250-523: The Common Data Set). Then we post the data on our website in easily accessible, comparable tables. In other words, the Annapolis Group and the others in the NAICU initiative actually are following the lead of U.S. News ." A number of U.S. liberal arts colleges have either joined, or have been important influences on, a movement to make the SAT optional for admission, in response to criticisms of

1300-672: The SAT . Bowdoin College in Brunswick, Maine and Bates College in Lewiston, Maine were among the first to institute SAT-optional programs in 1969 and 1984, respectively. In 1990, the Bates faculty voted to make all standardized testing optional in the college's admissions process, and in October 2004 Bates published a study regarding the testing optional policy, which was presented to

1350-423: The SAT include Shimer College and Hampshire College , which is "test blind" in both admissions and financial aid decisions. The full list of SAT optional schools is given by FairTest , an American educational organization that "advances quality education and equal opportunity by promoting fair, open, valid and educationally beneficial evaluations of students, teachers and schools. FairTest also works to end

1400-500: The SAT optional movement for undergraduate admission . The former president of Sarah Lawrence, Michele Tolela Myers , described the rationale for this decision in an article for The Washington Post on 11 March 2007, saying: "We are a writing-intensive school, and the information produced by SAT scores added little to our ability to predict how a student would do at our college; it did, however, do much to bias admission in favor of those who could afford expensive coaching sessions." As

1450-527: The United States Liberal arts colleges in the United States are undergraduate institutions of higher education in the United States that focus on a liberal arts education . The Encyclopædia Britannica Concise defines liberal arts as a "college or university curriculum aimed at imparting general knowledge and developing general intellectual capacities, in contrast to a professional , vocational , or technical curriculum". Generally,

1500-401: The United States, the term "university" is primarily used to designate graduate education and research institutions , and is reserved for doctorate-granting institutions, and some US states, such as Massachusetts , will only grant a school "university status" if it offers graduate programs in multiple disciplines. These colleges also encourage a high level of student-teacher interaction at

1550-718: The United States: ACBSP , AACSB , and the IACBE . In Europe , the EQUIS business school accreditation system is run by the EFMD , which sometimes applies the more narrow EPAS label to specific courses. The AMBA accredits MBA programmes and other post-graduate business programmes in 75 countries; its sister organisation the Business Graduates Association (BGA), accredits business schools, based on

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1600-415: The annual meeting of the Annapolis Group , members discussed the letter to college presidents asking them not to participate in the "reputation survey" section of the U.S. News & World Report survey (this section comprises 25% of the ranking). As a result, "a majority of the approximately 80 presidents at the meeting said that they did not intend to participate in the U.S. News reputational rankings in

1650-456: The areas of mass customization , innovation , customer lifetime valuation , and relationship marketing . Since then, his research mainly deals with analyzing and decrypting the digital sphere. With more than 37,000 citations on Google Scholar , Kaplan was counted amongst the Top 50 Business and Management authors in the world according to John Wiley & Sons . In 2020, Andreas Kaplan ranked in

1700-465: The areas of social media , viral marketing , and the digital world in general. Kaplan was born on October 5, 1977, and grew up in Munich , Germany . His mother is Anneliese Kaplan (dressmaker) and his father is Vincenc Kaplan (locksmith). Professor Kaplan holds a Master of Public Administration from the École nationale d'administration , an M.Sc. from ESCP Business School , and a B.Sc. from

1750-641: The center of which are classes taught by full-time faculty. They are known for being residential and may have smaller enrollment, class sizes, and student-teacher ratios than universities . Liberal arts colleges are also often associated with larger bodies or consortia . The largest association of private liberal arts colleges in the United States is the Council of Independent Colleges , with more than 650 small and mid-sized independent colleges and universities. The Council of Public Liberal Arts Colleges

1800-539: The college search process". This database will be web based and developed in conjunction with higher education organizations including the National Association of Independent Colleges and Universities and the Council of Independent Colleges . On June 22, 2007, U.S. News & World Report editor Robert Morse responded, writing, "in terms of the peer assessment survey, we at U.S. News firmly believe

1850-418: The controversy that surrounds the learning method. There are also several business schools which still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless notetaking is required. Lecture as a method of teaching in business schools has been criticized by experts for reducing

1900-483: The digitization of the sector due to the arrival of MOOCs and SPOCs. Defining Europe as holding “maximum cultural diversity at minimal geographical distances“, Kaplan is a strong advocate of cross-cultural management education. He furthermore is in favor of an EU commissioner for happiness. Kaplan has teaching experience in top-tier schools and universities such as Harvard University , Sciences Po Paris, and Tsinghua University . Kaplan started doing research in

1950-518: The faculty realized that there were no textbooks suitable for a graduate program in business. Their first solution to this problem involved interviewing leading practitioners of business and writing detailed accounts of what these managers were doing, based partly on the case method already in use at Harvard Law School . Of course, the professors could not present these cases as practices to be emulated, because there were no criteria available for determining what would succeed and what would not succeed. So

2000-532: The future." The decision to fill out the reputational survey or not will be left up to each individual college since "the Annapolis Group is not a legislative body and any decision about participating in the US News rankings rests with the individual institutions." The statement also said that its members "have agreed to participate in the development of an alternative common format that presents information about their colleges for students and their families to use in

2050-661: The impact they make on students, employers and the wider community and society, in terms of ethics and responsible management practices. Triple accreditation is used to indicate that a school has been accredited by these three bodies: AACSB, AMBA, and EQUIS. About 1% of business schools are triple-accredited. Each year, organizations and publications such as Bloomberg Businessweek (US), Corporate Knights (Canada), Eduniversal (France), Financial Times (UK) and Quacquarelli Symonds (UK) publish rankings of business schools and MBA programs that, while sometimes controversial in their methodologies, nevertheless can directly influence

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2100-482: The incentive and individualism in the learning experience. In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business. There are three main accreditation agencies for business schools in

2150-573: The level of education pursued, from €183 (US $ 216) per year for undergraduate and up to €388 (US$ 459) for doctorates. Tuition fees in the United Kingdom were introduced in 1998 and are £9,250 annually for undergraduate courses for home students in England, with higher fees for students who are not domiciled in the UK. Postgraduate courses in the UK often have higher fees, and many universities charge

2200-528: The liberal arts colleges he lists in Colleges That Change Lives : The focus is on the student, not the faculty; he is heavily involved in his own education. There are no passive ears; students and faculty work so closely together, they even coauthor publications. Teaching is an act of love. There is not only a mentor relationship in class but professors become hiking companions, intramural teammates, dinner companions, and friends. Learning

2250-558: The method of delivery for each of these approaches. A study from by Inside Higher Ed and the Babson Survey Research Group shows that there is still disagreement as to the effectiveness of the approaches but the reach and accessibility is proving to be more and more appealing. Liberal arts colleges in the United States like New England College , Wesleyan University , and Bryn Mawr College are now offering complete online degrees in many business curricula despite

2300-410: The prestige of schools that achieve high scores. Academic research is also considered to be an important feature and popular way to gauge the prestige of business schools. Business schools share the common purpose of developing global managerial talent and to this end, business schools are encouraged to accelerate global engagement strategies on the foundations of collaboration and innovation. In Europe,

2350-607: The professors instructed their students to read the cases and to come to class prepared to discuss the cases and to offer recommendations for appropriate courses of action. The basic outlines of this method still operate in business-school curricula as of 2016. In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research , management information systems , statistics , organizational behavior, modeling and simulation , and decision science . The leading institution in this method

2400-406: The survey has significant value because it allows us to measure the "intangibles" of a college that we can't measure through statistical data. Plus, the reputation of a school can help get that all-important first job and plays a key part in which grad school someone will be able to get into. The peer survey is by nature subjective, but the technique of asking industry leaders to rate their competitors

2450-454: Was downloaded more often than any other of the approximately 13.4 million papers in the collection. More recent research deals with the influence of the digital sphere on higher education, such as the arrival of MOOCs and SPOCs, as well as in the area of artificial intelligence. Kaplan is on the editorial board of the Journal of Global Fashion Marketing. Liberal arts colleges in

2500-765: Was elected Head of the Faculty's marketing department. Kaplan is founding member of the European Center for Digital Competitiveness. He is fellow of the St George's House (Windsor Castle) , and member of Kozminski University ’s Executive Education Advisory Board. Particularly interested in the future of management education in Europe and the general business school landscape, Kaplan has furthermore written articles treating European management as well as higher education and their future evolution, notably with

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