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☆ The No. 1 AI mistake job seekers make, from a career expert: So many people use ChatGPT 'in exactly the wrong way'
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: +4 min

The wrong way to use AI for your resumeIn my experience, most job seekers using ChatGPT or other AI platforms begin with a prompt like "Generate a marketing resume." As in, I've never met a marketer in my two-decade career who did all of these things in one job. The right way to use AI for your resumeOK, you get the picture: Having AI generate your resume from scratch can be a fast track to rejection. Enter the following prompt: Which keywords from the below job description are missing from my resume? Zoom In Icon Arrows pointing outwards3.

Persons: ChatGPT, who's, That's, I've, you've Organizations: Khan Academy, CUNY, MBAs, Harvard Business School

☆ Everyone needs an editor. Lyft just learned it the hard way
▼ + stars: | 2024-02-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

That goes for MBAs as much as MFAs, and it’s a lesson Lyft executives learned the hard way on Tuesday, when an errant zero sent its stock (briefly) to the stratosphere. The Lyft typo came in an earnings report that stated, incorrectly, that the company’s estimated gross margin would expand by 500 basis points, which would amount to a stunning five-percentage-point bump. The stock shot up more than 60% before Lyft’s CFO corrected the error on a call with analysts, bringing the stock back to Earth. With the error in the rear view, Lyft shares were up up 30% Wednesday, bolstered by stronger-than-expected earnings and a rosy outlook for future cash flows. “Look, it was a bad error, and that’s on me,” Lyft CEO David Risher told CNBC on Wednesday.

Persons: CNN Business ’, History’s, —, Arthur C, Clarke, Galena Biopharma, King Charles I, ”, David Risher Organizations: CNN Business, New York CNN, MBAs, Citibank, Citi, Mizuho Securities, NASA, New York Times, Bangladesh Bank, Reuters, Maine, SEC, CNBC Locations: New York, Mizuho, Galena

☆ Moneyball-Plus: What Happens When Investors Treat Athletes Like Startups
▼ + stars: | 2024-01-28 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +27 min

What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.

Persons: They're, Michael Schwimer, —, Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida

The latest U.S. News rankings of education degrees for distance learners will be released Feb. 7, 2024. Like the past several years, there will be overall baccalaureate-level rankings and master’s-level rankings in both MBA and non-MBA business, criminal justice, education, engineering, information technology and nursing. As was done with the Best Colleges release in fall 2023, all schools will obtain access to the rankings ahead of time through U.S. News Academic Insights. College or graduate school representatives can learn more about the Academic Insights tool online or request a demo. The rankings and their underlying methodology were designed for prospective students seeking a strong academic program that was designed appropriately for distance learning.

Organizations: Best, News, College, U.S Locations: U.S

☆ Boeing's quality control process and company culture are being heavily scrutinized after the 737 Max Flight 1282 blowout
▼ + stars: | 2024-01-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +9 min

Read previewAn Alaska Airlines Boeing 737 Max 9 had 177 people on board on January 5 when part of the fuselage was blown off. After the Federal Aviation Administration grounded all 737 Max 9 planes with door plugs, United Airlines and Alaska Airlines discovered loose hardware on several. Why the 737 Max was grounded in 2019Competition between Airbus and Boeing played a role in the twin 737 Max crashes that killed almost 350 people in 2018 and 2019. The Alaska Airlines blowout will likely renew scrutiny of Boeing's deal with the department, which demanded new compliance procedures. A Boeing 737 Max 10 at the Paris Air Show.

Persons: —, Max, It's, Michael O'Leary, Tim Clark, Dennis, Win McNamee, Bob Clifford, people's, could've, Clifford, David P, Burns, AeroSystems, McDonnell Douglas, MBAs, Harry Stonecipher, Stonecipher, PIERRE VERDY, Dave Calhoun, who's Organizations: Service, Alaska Airlines Boeing, Max, Portland International, Business, Federal Aviation Administration, United Airlines, Alaska Airlines, FAA, Boeing, National Transportation Safety, NTSB, Reuters, Airbus, Ryanair, Financial, Emirates, Bloomberg, New York Times, Lion Air, Ethiopian Airlines, Ethiopian, Pilots, MCAS, The Justice Department, McDonnell, Seattle Times, Paris Air, Getty, CNBC Locations: Kansas, Alaska

☆ Landing your dream job by getting an MBA isn't as easy anymore
▼ + stars: | 2023-11-19 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

One second-year student told Business Insider he had to pivot to a job in consulting. His job win comes as the field of consulting isn't as red-hot as it was in 2021 and 2022, experts told Business Insider. But now a range of companies are being more deliberate about how quickly they're hiring MBAs, administrators told BI. However, it's actually close to a normal market for MBA grads, industry and career experts told BI. Still, that's leaving some MBA students uneasy.

Persons: —, he'd, Jeff McNish, MBAs, it's, that's, It's, he's, McNish, Stephanie O'Connor, aren't, we've, O'Connor, I've, I'm Organizations: Service, Ivy League, Business, University of Virginia Darden School, Darden, Center, BI, grads, Bain & Company, — McKinsey, Bain, Boston Consulting Group, University of Chicago Booth School of Business

☆ 2 Stanford grads want to replace your beer with cannabis drinks—they’ve already sold 10 million cans
▼ + stars: | 2023-11-14 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Anderson and Bullock refer to it as a "social tonic," or a hangover-free alternative to beer. It's one of the top-selling cannabis beverage brands in the U.S., according to market research firm BDSA. Bullock and Anderson project sales of more than 9 million cans next year — which, with prices starting at $24 per six-pack, would generate at least $36 million in annual revenue. Unsurprisingly, the co-founders say they're well-positioned to fill the void — even as research into cannabis' health effects remains inconclusive. That same year, Constellation Brands, which produces Corona and Modelo beers, invested $4 billion in Canadian cannabis company Canopy Growth.

Persons: Jake Bullock, Luke Anderson, Cann, Anderson, Bullock, haven't, seltzer, MBAs — Anderson, Stanford, misfire, we've Organizations: Los, Anderson, CNBC, Gallup, Cann's, Bain, Co, Harvard University, Stanford University, Constellation Brands, Modelo, Apple Locations: Los Angeles, Canada, U.S, Palo Alto, alma, Colorado, Palo Alto , California, Corona, Florida, Sicily, California

A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023. Byju's parent Think & Learn's operating losses fell 6% to 24 billion Indian rupees ($288.67 million) for its core online education business, while revenue more than doubled to 35.5 billion Indian rupees ($426.99 million) for the year ended March 31, 2022. "The takeaways from a uniquely belligerent year, which included nine acquisitions, are life-long learnings," Raveendran said in a statement. Last September, Byju's filed its 2021 numbers after a 17-month delay. ($1 = 83.1400 Indian rupees)Reporting by M. Sriram; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, Byju Raveendran, Raveendran, Byju's, MBAs, Sriram, Michael Perry Organizations: Education Technology, REUTERS, Rights, Deloitte, Atlantic, Reuters, Thomson Locations: New Delhi, India, Rights MUMBAI, Prosus, Blackrock

☆ College jocks earn as much as $220,000 more than their less sporty peers over their career, study shows
▼ + stars: | 2023-10-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

College jocks actually become more successful and wealthy than their nerdy peers, a new study finds. Turns out, sporty students earn 3.4% more in their lifetimes and bring home $220,000 more in wages. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The study found that college athletes earned 3.4% more over their careers than non-athletic students and are likely to bring home $220,000 more in cumulative wages, the report said. College athletes were even more likely to be endorsed for management, leadership, and strategic planning skills on LinkedIn, per the study.

Persons: —, NBER, –, They're, Walter Robb, Brian Moynihan, Meg Whitman, Andy Jassy, Jassy, There's, there's Organizations: National Bureau of Economic Research, Ivy League, Service, College, LinkedIn, Stanford University's, Bank of America, Brown University, Hewlett, Packard, Princeton University

☆ The League was criticized as the dating app for elitists—'that was actually never the case,' founder says
▼ + stars: | 2023-10-20 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +9 min

When The League first entered the emerging dating app space in 2014, it was labeled "elitist." All of this, of course, makes The League harder to join than other dating apps such as Tinder or Bumble. Eight years since that post, and one year since the app was acquired by Match Group, Bradford maintains the app isn't elitist. It's less about what you've achieved and more about where you're going. Bradford: She's a Harvard graduate and thinks people from those schools want someone that's going to match them from those communities.

Persons: Amanda Bradford, Bradford, Aditi Shrikant, it's, It's, you've, Wharton MBAs, I've, she's, She's Organizations: League, The League, LinkedIn, Match Group, Bradford, CNBC, Pew Research Center, People, Survey, Ivy League, Harvard, MTA, York's Metropolitan Transportation, Global Locations: Bradford, San Francisco

☆ Hundreds of consultants were given AI tools. What happened next shows the promises and pitfalls of the technology.
▼ + stars: | 2023-09-25 | by ( Matt Turner | ) www.businessinsider.com time to read: +3 min

That's why I was fascinated to see the results of a study that gave hundreds of consultants access to AI. They completed more tasks, completed their tasks more quickly, and the work was of a higher quality. They completed more tasks, completed their tasks more quickly, and the work was of a higher quality. Everyone using AI tools in the right places benefited, but it was the lower performers who did so most, allowing them to close the gap to their higher-performing peers. The study supports earlier research that's found AI increases productivity overall while elevating the less experienced and lower performers most.

Persons: There's Organizations: Boston Consulting Group, Service Locations: Wall, Silicon

☆ Wall Street's hottest career move: the volatile, lucrative world of private credit
▼ + stars: | 2023-09-18 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +8 min

So it's no wonder that through the past couple of years, working on and around private credit deals has become Wall Street's career du jour. Private credit is most often floating-rate debt — that is, debt where interest rates rise in concert with rate hikes. 'Unheard of' salaries, while risks abound in the marketIt's worth noting what private credit is: we're talking about debt and loans. "For most of my career, attracting new attorneys to private credit was a challenge. Proskauer's private credit group now has 90 lawyers, 24 of whom are partners, working full-time on private credit.

Persons: that's, Marc Rowan, Marc Lipschultz, Goldman Sachs, Paul Heller, Hannah Robb, Robb, It's, Cliffwater, Heller, Caldwell, Banks, Carlyle, Blackstone, Marco Acerra, Spencer Stuart, it's, Acerra, Richard Fernand, Nicholas Kalogeropoulos, Sam Iles, I've, Mike Mezzacappa, Evan Palenschat, Robert Lewin Organizations: Blackstone, Partners, CFA Institute, Columbia Business School, Wall Street, Alpha FMC, Barclays, Goldman Locations: New York

☆ The 30 early-stage startups most likely to become tech's next unicorns, according to a proprietary AI model known as 'Moneyball for VC'
▼ + stars: | 2023-08-15 | by ( Ben Bergman | ) www.businessinsider.com time to read: +5 min

The firm developed a propriety model that uses AI to predict which early-stage startups are most likely to become unicorns, which are companies valued at more than a billion dollars. "Our AI eliminates about 99% of all early-stage companies from consideration, because our data predicts these companies have a higher probability of failure." Another surprising thing about TRAC's model is it does not value founders as predictive. "Similar vintage early-stage VCs would have had upwards of 20% of their portfolio be false positive within the first few years. Here are the 30 companies TRAC's model identified as being the next unicorns, in alphabetical order, all with a valuation of less than $250 million.

Persons: Fred Campbell, Joseph Aaron, Scott Pyne, Steve Marek, Dick Fredericks, Aaron, Sam Altman, MBAs, Angel SuperForecasters, Campbell Locations: San Francisco

☆ Warren Buffett's protégé was hired after sending the billionaire a letter—but it wasn't just luck
▼ + stars: | 2023-08-06 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

Read any story about Tracy Britt Cool, and you're likely to come across the same anecdote. After graduating from Harvard Business School in 2009, she mailed a letter to Berkshire Hathaway Chairman Warren Buffett asking for a job at the legendary firm. After meeting with the Oracle of Omaha, she got one working as Buffett's financial assistant. The letter, and the tremendous success that it's led to, is the stuff MBAs and aspiring entrepreneurs daydream about. And maybe it was — but Britt Cool was willing to take a million shots.

Persons: Tracy Britt Cool, Warren Buffett, Buffett, Britt Cool, Kanbrick, Britt Cool's, it's Organizations: Harvard Business School, Berkshire Hathaway, Oracle, Berkshire, Wall Street, CNBC Locations: Berkshire, Omaha

☆ Getting an MBA is still worth it—the 10 business schools that pay off the most right away
▼ + stars: | 2023-08-03 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +2 min

Earning a master of business administration degree can come with a hefty price tag, with top schools ranging from $50,000 to $80,000 per year. For professionals seeking to advance their careers, many may wonder: Is an MBA worth it? The report investigated the economic value of the most popular degree programs, ranking the value of 5,500 business programs at more than 1,700 colleges. For those looking to pursue advanced business studies, here are the top 10 MBA programs that pay off the most right away. Some well-known schools, such as Harvard Business School, didn't earn top spots in the ranking, due to low median earnings.

Persons: Martin Van Der Werf, Van Der, Van Der Werf, didn't Organizations: Georgetown University Center, Education, CNBC, MBAs, Georgetown University, Harvard Business School

☆ Move over McKinsey: This Gen Z founder is offering fellow grads an alternative to delayed start dates at consulting firms
▼ + stars: | 2023-05-16 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

He's attracting fellow 2023 graduates whose start dates were delayed at major consulting firms. These delays mean recent grads won't be pulling in big salaries from the major consulting firms — at least not right away. InstagramForced to rethink their futuresMany business students follow a traditional path from the Ivy League to top investment-banking or consulting firms. One, who has an offer to start at McKinsey in February, told Ou he is considering going to law school instead. By assisting gig workers, Ou expects Talentifyr's workers will see a direct and positive impact from their work.

☆ Blue-chip consulting firm Bain is reportedly offering new hires $20,000 to become yoga instructors or go on safari for a year
▼ + stars: | 2023-04-18 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Bain is offering new MBA hires tens of thousands of dollars to delay their starts, per The Wall Street Journal. Bain & Company is offering new MBA hires tens of thousands of dollars to delay their starts at the firm, according to a report by The Wall Street Journal. Other communications show the firm offering new hires $30,000 to learn a new language and $20,000 to become yoga instructors or go on a safari in Africa, per the Journal. McKinsey, meanwhile, did not notify most of their MBA hires of start dates until this week, and some won't start work until next year, per the Journal. Firms like Bain and McKinsey often offer new MBA hires some of the highest salaries in an industry that is already one of the highest paying for business school graduates.

☆ Reader mailbag: From M&A and MBAs to Elon Musk and bitcoin, all your questions answered
▼ + stars: | 2023-04-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

It's easier to leverage misinformation for personal gain within the world of finance than perhaps any other industry. I'm not the type to suggest the only real information you can get on the markets is from established news outlets. Do you think the legacy media is fearful of Elon Musk's new Twitter? I just think the discourse on Twitter is very different from what you'd find on a media website. My position on bitcoin, and the wider digital-currency ecosystem, is that it's too often a solution looking for a problem.

☆ Putin's war turned this quiet Polish airport into a global military hub where passenger jets touch down alongside Patriot missiles
▼ + stars: | 2023-03-26 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +9 min

Rzeszów-Jasionka Airport is just 50 miles from Poland's border with Ukraine. He told Insider: "I realized that a great challenge was ahead of us and that any mistake on our part couldn't be an option." Hamryszczak told Insider that he had to rise to "countless" challenges, including making complex arrangements with world leaders and welcoming the world's media. Air Force One is "the most famous aircraft that has ever visited our airport," Hamryszczak said. "This is no longer the same regional airport that operated in 2021, or even before the pandemic," Hamryszczak told Insider.

☆ As an MBA professor and negotiations expert, here's what I told my daughter about the best way to ask for a raise
▼ + stars: | 2023-03-22 | by ( Leigh Thompson | ) www.businessinsider.com time to read: +8 min

She says women should 'quiet negotiate' by using subtle behaviors to set themselves up for success. Specifically, I define quiet negotiation as planning, initiating, and directing impromptu-appearing conversations with key players to improve your economic and psychological well-being at work. Here are three keys to success with quiet negotiation. I witnessed this recently when Mala, a young sales manager at a corporate real-estate firm suggested rethinking the regional sales strategy and faced immediate resistance from more experienced (male) sales managers. In this way she used a form of quiet negotiation by harnessing data to advocate for her idea and capability, gaining further credibility in the workplace.

☆ Wall Street titan Apollo has a new class of dealmakers. Here's how 3 rose to partner while in their 30s.
▼ + stars: | 2022-11-17 | by ( Casey Sullivan | Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

He persevered through the brutal all-nighters, the perplexing spreadsheets, and the temperamental bosses who walked the halls of the midtown Manhattan investment firm. At Apollo, executives tend to grow up quickly. Some of their former colleagues have tried to make more money elsewhere, such as the hedge funds run by billionaire personalities that Apollo's executives quietly root against. Associates sometimes dealt with burnout from heavy workloads and demanding bosses by escaping for a walk through Central Park to let off steam, according to the former firm associates. We're Rayman Apollo!'"

☆ Britain's new PM is almost a billionaire — with a net worth twice that of King Charles
▼ + stars: | 2022-10-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Rishi Sunak and his wife Akshata Murty have an estimated combined wealth of £730 million ($800 million). Dan Kitwood | Getty Images News | Getty ImagesLONDON — Britain's new Prime Minister Rishi Sunak made history as the country's first leader of color and its youngest in recent centuries, taking office aged just 42. He also breaks the record for being the wealthiest-ever occupant of Downing Street — with a fortune estimated to exceed that of King Charles III. A net worth of $844 millionTogether, the couple has an estimated fortune of £730 million ($844 million), according to the Sunday Times Rich List. King Charles III welcomes Rishi Sunak during an audience at Buckingham Palace, London, where he invited the newly elected leader of the Conservative Party to become Prime Minister and form a new government.

☆ Akshata Murty: Rishi Sunak’s wife is a software heiress who’s richer than royalty
▼ + stars: | 2022-10-25 | by ( Tara John | ) edition.cnn.com time to read: +6 min

And thanks largely to his wife Murty, Sunak will be one of the richest people to reach the top of the political establishment. Murty has a 0.93% stake in her father’s Indian software company, Infosys, worth approximately $715 million. Even Queen Elizabeth wasn’t as rich – the Sunday Times put the late monarch’s net worth at £370 million (about $420 million) before she died. In April, it was reported that Murty enjoyed a tax status in the UK that meant she could legally avoid to pay taxes on her foreign earnings. “I understand and appreciate the British sense of fairness and I do not wish my tax status to be a distraction for my husband or to affect my family.

☆ Compass employees question the real-estate brokerage's cost cutting, saying it threatens the startup's tech ambitions
▼ + stars: | 2022-10-10 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +4 min

This is Kaja Whitehouse reporting to you from New York City, where real estate isn't just a profession — it's an obsession. But you don't have to be preoccupied with real estate, or located in the Big Apple, to known about Compass, the fast-rising real-estate brokerage that IPOed last year. When Compass IPOed in April 2021, it garnered a $7 billion valuation — the highest price ever for a residential real estate brokerage. In other news:Goldman Sachs CEO David Solomon moonlights as a DJ, and is now set to play at the Lollapalooza music festival in July. It's no secret that Goldman Sachs' CEO David Solomon has been under pressure over his burgeoning consumer banking division Marcus.

☆ That's not a real job opening: Some companies are posting 'ghost jobs' but don't actually plan to hire you — or anyone
▼ + stars: | 2022-09-18 | by ( Rebecca Knight | Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

The number of job openings has been sky high over the past year in the red-hot labor market. That could be because some firms are posting "ghost jobs" that they're not actually hiring for. While many employers can't find enough workers, some qualified candidates are applying to open jobs and aren't hearing anything back. Some recruiters say that ghost jobs are on the rise due to the heightened level of uncertainty that's persisted for the past two and a half years. "There are too many jobs posted"Andrew Flowers, a labor economist at Appcast, the recruitment advertising technology company, expressed skepticism that "ghost jobs" are a widespread problem.

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