Latin America has long been on the business radar, but now a handful of top MBA programs are emerging as leading forces in the region, writes Businessweek.
The story’s author, Matt Symonds, chief editor of MBA50.com, writes: "If there’s one certainty in the uncertain world of the next few years, it’s that economic opportunities will continue to drift not only eastwards, but also south. And it looks ever more likely that the best opportunities in business education will follow them from their traditional home in the developed economies of the west."
Brazilian business school Fundaçao Getulio Vargas recently launched a program in conjunction with Spain’s ESADE and Georgetown in the U.S. aimed at executives working for U.S. and European multinationals. The school is also a partner in the One MBA executive MBA program EGADE in Mexico and University of North Carolina’s Kenan-Flagler, the Rotterdam School of Management in Europe and the Chinese University of Hong Kong. Another example: Argentina’s IAE Business School runs joint executive programs with Harvard and IESE.
Revenue fell more than expected at Janus, but the reverse was true at T. Rowe Price. [WSJ]
Private equity likes oil refineries. [Bloomberg]
Young recruits are turned off by advisories’ lack of job descriptions and fuzzy career trajectories. [Investment News]
The Asia-focused private equity firm Olympus Capital aims to raise $750 million. [WSJ]
Santander is planning an IPO for Mexican division within a year. [WSJ]
New regulation makes it easier for small lenders to raise capital. [WSJ]
MetLife agreed to pay $500 million to settle a death benefit probe. [Investment News]
List of the largest independent broker dealers. [Investment News]