Word: wharton
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...William Wharton; Knopf; 449 pages...
...Such signals begin pulsating even before graduation. At Wharton 611 recruiting firms turned up this year to court the graduating class of 619, and students averaged 27 interviews each. At Harvard, where the typical student now gets 15 interviews and four job offers, there has been a rule since 1978 that no recruiters may talk to students before the spring of the second year. The rule is not always obeyed. Among the offers to first-year students: a $5,000 open account for clothes at Brooks Bros, as an "image bonus" if a student signs up early...
They are too aggressive. "They are often inexperienced, arrogant, highly individualistic operators with no patience for team effort," says Nelson Cornelius, manager of the Merrill Lynch commodities office in Chicago. Admits Dean Donald Carroll of Wharton: "Our system has a built-in tendency to reward the aggressive loner, so we get a higher number of relatively antisocial types who display a tendency not to suffer fools...
...such critics justified in seeing a general failure of business management in the U.S.? Wharton's Dean Carroll, who used to run a computer information systerns firm in Cambridge, Mass., looks stern as he reflects on the question posed by TIME'S Denise Worrell...
Reginald H. Jones, a Wharton M.B.A. who just retired as chairman of General Electric: "I think the top business schools do a good job, though they could do better at teaching communication skills, providing greater exposure to the humanities and in lowering expectations of graduates. Finally, some M.B.A.s must realize that you don't come out ready to run a large corporation...