Go forth and implement
April 17th 2012, 17:45 by J.L.H.D | ATLANTA
On April 17th the Graduate Management Admissions Council (GMAC), which administers the GMAT, announced the that it had awarded $7.1m in grants from its Management Education for Tomorrow (MET) Fund. The awards went to 12 proposed new ventures in three different categories: social responsibility, technology, and (American) veterans’ education. Among the winning ideas was a programme matching MBA students as mentors to poor children, from the S.P. Jain Institute in Mumbai; a multi-school collaboration to produce an executive MBA for social responsibility in Africa; and an online cloud-based effort by Pepperdine University’s Graziadio School of Business and Management to help faculty share ideas.
This is the second round of MET Fund awards, after The first phase asked schools to come up with ideas to improving management education.That phase of the program attracted more than 650 ideas from more than 60 countries that were then reduced to 20 winning ideas. Each of the twelve programmes receiving money in the second round was chosen to implement one or more of these ideas, which range from developing alternative-reality business training to reworking the admissions process to teaching students about telecommuting.
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