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Black MBA NetWire
arrows March 23, 2018
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While an undergraduate degree in business can open the door to a number of careers, an MBA may lead to more advancement opportunities and a significant increase in salary. According to a recent report, the projected entry-level salary for someone with a bachelor's in business is $56,720 and the starting salary for an MBA graduate is $78,332. (U.S. News & World Report)
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You've worked hard on your resume. You think it's pretty darn good. Certainly recruiters are going to think so too. Unfortunately, that may not be the case. Here are some tips to try and ensure your resume is easy for recruiters to skim quickly. (Fast Company)
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By 2028, America’s government debt burden could explode from this year’s $15.5 trillion to a staggering $33 trillion—more than 20% bigger than it would have been had Trump’s agenda not passed. At that point, interest payments would absorb more than $1 in $5 of federal revenue, crippling the government’s ­capacity to bolster the economy, and constraining the private sector too. Contrary to the claims of the President and his supporters, the U.S. can’t grow fast enough to shed this burden;
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CVS Health Corporation
Career
Here's a lesson to ponder as you find yourself stuck at a place in your career and unable to move forward: If you're not clear on your goals, you can't accomplish them. Here are some tips to help. (The Muse)
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We generally assume that working too much is bad for our health. But what exactly is unhealthy about this is unclear. Is it working long hours that increases our risk of developing health issues? Or is it something else like a compulsive work mentality that is actually most harmful to our health? (Harvard Business Review)
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Diversity in the Workplace
PwC Chairman Tim Ryan recently shared his story about advancing diversity and inclusion in the workplace, highlighted by a day in 2016 when he sent an email to 50,000 employees with a simple message: "We know you're hurting. We don't have all the answers, but we want you to know we care and we're open to your feedback." (Crain's Cleveland Business)
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International
The Brexit-driven fall in the pound pushed up inflation over the last 18 months, but those effects are now slowing, and prices are rising more slowly. (Business Insider)
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Naylor Association Solutions
Education
In the rankings of the 2019 Best Graduate Schools by U.S. News & World Report, the University of Chicago's Booth School of Business moves up this year to tie with Harvard University for the No. 1 spot among full-time MBA programs. The Wharton School at the University of Pennsylvania follows at No. 3. For part-time MBA programs, the Haas School of Business at the University of California—Berkeley comes in at No. 1. Chicago's Booth School of Business is No. 2, while Northwestern University's Kellogg School of Management moves up this year to No. 3. (U.S. News & World Report)
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Leaders of Jefferson County Public Schools in southern Louisville and the community at large hope th new W.E.B. DuBois Academy - a school strictly for "males of color" will help close an academic achievement gap that has plagued especially the local African-American community. (Insider Louisville)
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NBMBAA
The Greater Houston Black Chamber and the Houston chapter of the National Black MBA Association recently hosted the Houston Black Leadership Forum, an annual event which offers a chance for African-American professionals from more than 26 career and business groups to discuss issues and challenges affecting their community and to brainstorm solutions by leveraging their combined resources. (Houston Chronicle)
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Technology
As Facebook's stock continues to drop since it was revealed last week that Cambridge Analytica, a right-leaning political consultancy, acquired and misused the personal data of tens of millions of Facebook users, more and more are calling for people to get rid of Facebook. (Fortune)
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Although Silicon Valley is heavily male-dominated, most of its workforce is white or Asian with whites disproportionately in leadership positions, a small group of African Americans has been able to break the color barrier. (Tech Zone)
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As the hashtag #DeleteFacebook continues to grow, there are many things you need to consider when deciding whether or not to walk away from your Facebook account - including how it will affect other apps you use. (CNN Tech)
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Entrepreneurship
A new poll by the advocacy group Small Business Majority revealed that 65% of African American and 64% of Latina small business owners say access to birth control, and the freedom to decide if and when to have children, has impacted their bottom lines as a business owner. The results show women of color who own small businesses say access to birth control is important to their economic success. (Black Enterprise)
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The Economy
As President Donald Trump begins a crackdown on trade with China, the Dow dropped more than 400 points Thursday, underscoring investors' concerns about a trade war. (CNN Money)
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Personal Finance
Now that the Federal Reserve, the central bank of the U.S., has raised interest rates a quarter of a percentage point, you may be wondering: What does this mean for my retirement account? (USA TODAY)
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President Donald Trump's new tax law resulted in a bump in take-home pay for about 90% of Americans, according to the IRS. Here's what SmartAsset's paycheck calculator shows what this money looks like after taxes in 11 major cities. (Business Insider)
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Corporate America
Jerilan Greene, global chief communications leader for Yum, the Louisville-based parent of KFC, Taco Bell and Pizza Hut., has been named among the top 100 leaders identified by Savoy, an African-American business and lifestyle magazine. (Louisville Business Journal)
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