B Schools Leap Into The Breach

The Soviet Union overhauled itself in a matter of weeks, so why shouldn't others respond as quickly? Some American business schools are trying. B-schools have long welcomed small numbers of Soviets and East Europeans seeking an education in the free market. Now, five schools are pooling resources to create a program to teach the teachers. Harvard, Massachusetts Institute of Technology's Sloan School, Northwestern's Kellogg School, Penn's Wharton School, and Stanford plan to produce 120 MBA-level professors in two years. After initial study in the U. S., the prof-students will do research at home; a final phase offers specialized courses at each of the schools. The schools are seeking foundation or government funding but are covering costs themselves for now.

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