Springtime for lenders – 07/25/14
Article reports on a study of corporate loans by Professor Mitchell Petersen that found that the excess interest rate that firms paid varied depending on when the debt was issued, with borrowing costs peaking in February and August.
Straight Business Students Are Crashing Gay Job Fairs – 07/21/14
Article reports that some business schools have been encouraging heterosexual students to attend career fairs for lesbian, gay and bisexual students. Article mentions that Kellogg and Columbia participate in a competition designed to build bridges between straight and LGBT students.
Poets & Quants
Kellogg Ups Video, Drops A Written Essay – 07/21/14
Article reports on changes to Kellogg’s application, including the addition of a second video question and the elimination of one written essay. Quotes Assistant Dean of Admissions Kate Smith, who said, “I feel comfortable with this year’s changes because I haven’t really materially traded off from what we asked last year.”
The Wall Street Journal
When CEOs and CFOs Share an Alma Mater – 07/21/14
Article reports that more than two dozen of the largest U.S. companies have current CEOs and CFOs with bachelor’s degrees or MBAs from the same school. Booth, Harvard and Kellogg delivered the most diplomas to future CFOs.
Customer Service Hall of Shame – 07/18/14
Quotes Professor Tim Calkins, who said that companies without competitors, like telecom companies, have little incentive to provide great customer service since customers can’t take their business elsewhere.
Managed Healthcare Executive
ICD-10: What now? – 07/15/14
Article reports on the healthcare industry’s stalled transition to ICD-10. Quotes Professor Joel Shalowitz, who said that the U.S. Department of Health and Human Services insisted Oct. 1 would be the absolute latest date for implementation, then delayed it a full year.