Ed Altman, the finance professor at NYU's Stern School of Business famed for
creating the Z-Score bankruptcy predictor model that so many business school
students and finance professionals have studied for decades, says that GM and
Ford are in big trouble. He told Bloomberg TV that his model indicates that
"both are in very serious shape and the markets reflect that", and
that the model shows that the two companies are "on the verge of
bankruptcy"....
Continue reading "Mr. Z-Score says that GM and Ford are "On the Verge of Bankruptcy"" »
The flood of LBO deals sponsored by private equity is having a direct impact on business schools, who in turn are offering more courses designed to attract and educate the next generation of private equity bsd's:
Amid the recent flurry of deals to take
public companies private, M.B.A. programs are offering more intensive
private-equity courses and strengthening their connections with buyout firms to
help students land jobs. At the same time, schools are trying to lure junior
employees of buyout shops to their M.B.A. programs to groom them for
higher-level positions in private equity.
"Private equity is the sexy industry where the money is being made and
where many of our applicants want to be," says Rose Martinelli, associate
dean for student recruitment and admissions at the University of Chicago
Graduate School of Business.
Continue reading "Private equity is sexy so MBA programs are dishing up more courses" »