Monday, August 29, 2005

SSRN-Core Finance Trends in the Top MBA Programs in 2005 by Kent Womack, Ying Zhang

SSRN-Core Finance Trends in the Top MBA Programs in 2005 by Kent Womack, Ying Zhang:

Following Friday's mention of the DeAngelo, DeAngelo, and Zimmerman paper that looks at what is wrong with MBA programs at some universities, I was sent the following paper by Womack and Zhang. They survey MBA programs to see what trends exist.

The good news? More finance!
"Five of the nineteen schools responding have increased hours spent in the finance core substantially, compared to results of our earlier survey in 2001."
The bad news (at least for students): fewer electives:
"The recent survey results, however, suggest in general that most other schools seem to be migrating in the other direction, towards more required course hours."
The paper is full of many really cool things. Fot instance focusing on finance:
  1. "Principles of Corporate Finance by Brealey, Meyers, and Allen (BMA) and
    Corporate Finance by Ross, Westerfield, Jaffe (RWJ), were used by 8 and 6 schools this
    year respectively, and remain the prevailing main textbook choices by most schools."
  2. “Average outside class hours expected per session”. The mean for all schools
    responding is 4.2 hours, with a wide range of 2 to 8 hours."
  3. "...programs continue to spend significant amount of time (on average, 9% of in-class time) on Present Value and other primary background topics. Diverse professional backgrounds and entry mathematic proficiency levels demandfinance professors “level the playing field” before teaching other challenging topics."
VERY Interesting for anyone in an MBA program!

The is available from SSRN as well as from Womack's web site.

Womack, Kent L. and Zhang, Ying N., "Core Finance Trends in the Top MBA Programs in 2005" .

1 comment: said...

Debt Management, Consolidation Loans & Elimination Programs

It's time to do something about your debt. Millions of Americans have a wallet full of credit cards--plus expensive personal loans, auto loans, second mortgages and more. you're tired of paying 10%, 15%, 19% and more on your credit cards, auto loans, personal loans and other types of credit, today is the day to wipe the slate clean and start over. A debt consolidation loan can lower your interest rate, combine all your accounts into just one convenient monthly payment and give you some extra breathing room in your budget. You'll save money now - and at tax time too (be sure to consult your tax advisor for details.)

With mortgage interest rates the lowest they've been in decades, now is the perfect time to refinance your home and pay off all those nagging bills. You can count on America's Lending Partners FREE service to help you lower your interest rate, pay off those nagging bills and cut your monthly payments by as much as $300, $450, even $500 or more.

Start your request at left. Then, we'll match your profile with our nationwide network of lenders. You'll get up to 4 great offers from some of the most prominent and respected refinance debt consolidation lenders in America...each presenting their absolute best loan offer to win your business

Do not wait any longer; now is the time to take charge of your debt situation. Feel free to brows our site for more information, or for a free, no obligation debt quote, fill out a quick response form on your left, or click here for a free debt quote.

If your in debt... you're not alone. Today, millions of Americans are having difficulty paying their debts. Most of those in financial distress are middle income families with jobs who want to pay off what they owe.

Now is the time to act! Doing nothing can lead to much larger problems.


Free Loan Request - Get Up To 4 Loan Offers!

**** You must own a home to qualify for this service. ****