The Top 10 Elite Business Schools of 2023

EDITOR’S LETTER

Creators of Future Leaders!

Dearreaders,

Businessschoolsplayacrucialroleintheeducationanddevelopmentofindividuals aspiringtosucceedinthebusinessworld.ThoseBschoolsserveasvaluableinstitutions thatprepareindividualsforsuccessinthebusinessworldbyprovidingeducation,skills development,networkingopportunities,andaccesstoresourcesthatcontributetotheir professionalgrowthandachievement.Theydon'tjustcreatebusinessindividuals;they shapethemtobecomechangemakersandinnovatorsforabetterworld.

InthiseditionofMirrorReview,weareexcitedtounveilourcuratedlistof“TheTop10 EliteBusinessSchoolsof2023.”Astheglobalbusinesslandscapecontinuestoevolve,the roleofbusinessschoolsinshapingthenextgenerationofleadersbecomesincreasingly pivotal.Thiseditionhonorstheinstitutionsthathavedemonstratedexcellenceineducation, practicallearning,innovation,andindustryimpact.

Ourcoverstory,shiningaspotlightontheUniversityofLaVerne'sCollegeofBusiness, delvesintotheuniquequalitiesandinitiativesthathavepropelledittotheforefrontof businesseducation.Fromcutting-edgeprogramstogroundbreakingresearch,theUniversity ofLaVerneexemplifiesthecommitmenttoexcellencethatdefineselitebusinessschools.

Aswetraversethediverseeducationalterrain,wealsobringyouinsightfulprofilesofother prominentinstitutionsthathaveearnedtheirplaceatthetop.TheUniversityofLynchburg's CollegeofBusiness,UniversityCollegeofBahrain,CarmelBoyerSchoolofBusiness,and RiceUniversityJonesGraduateSchoolofBusiness.

Aswecelebratetheseinstitutions,wealsoacknowledgethecollectiveefforttheyrepresent inshapingthefutureofbusinesseducation,inspiringstudents,andcontributingtotheeverevolvingworldofcommerce.Wehopethiseditionservesasavaluableresourceforour readers,providinginsightsintotheeducationalpowerhousesthatareshapingthebusiness leadersoftomorrow.

Happy Reading!

Parag Ahire Project Editor

PUBLISHER

ARCHANA GHULE

EDITOR-IN-CHIEF

VIKRAM SURYAWANSHI

MANAGING EDITOR

PANKAJ GHOLAP

PROJECT EDITOR

PARAG AHIRE

PROJECT MANAGERS

ROGER JOHNSON MAYUR

CREATIVE HEAD

SACHIN KHARAT

GRAPHIC DESIGNER

ASHWINI DHUMAL

VISUALIZER MARK DAVIS

HEAD OF DISTRIBUTION & PRODUCTION

AAKASH MAHAJAN

HEAD OF OPERATIONS

ROBERT SMITH

RESEARCH ANALYSTS

JAMES ADAMS

ADVERTISING

MARIA SMITH

Mirror Review Media & Tech

info@mirrorreview.com

www.mirrorreview.com

University Of La Verne’s College Of Business

24

UniversityOfLynchburg’s CollegeOfBusiness

34 CarmelBoyerSchool OfBusiness

44 UniversityCollege OfBahrain

46 RiceUniversityJones GraduateSchoolOfBusiness

C O N T E N T S

UNIVERSITY OF LA VERNE'S College

of Business

Fostering Excellence in a Diverse Global Business Landscape

THE

TheUniversityofLaVerne’s CollegeofBusinessstandsasa cornerstoneintheacademic landscapeofthisesteemed institution.Foundedin1891as LordsburgCollegebytheChurchof theBrethren,theuniversityhas evolvedintoadynamichubof education,withtheCollegeof Businessplayingavitalrole.Situated inLaVerne,California,just35miles eastofLosAngeles,theCollegeof Businessreflectstheuniversity’s commitmenttoethicalreasoning, diversity,inclusivity,lifelong learning,andcivicengagement.

Witharichhistorydatingbacktoits originsasateachingcollege,the UniversityofLaVernehas

continuouslyadaptedtomeetthe evolvingeducationalneedsofa diversestudentbody TheCollegeof Business,nestledwithinthisvibrant academiccommunity,embracessmall classsizes,encouragingpersonal engagementbetweenprofessorsand students.Aspartofacomprehensive educationalinstitution,theCollegeof Businesscontributestotheuniversity’s missionofprovidingaquality,valuesbasededucationthatprepares individualsforsuccessfulcareersanda dedicationtolifelonglearning.

InnovativeBusinessAdministration Curriculum

Theuniversityprovidesavarietyof undergraduateandgraduatecourses,

offeringstudentsathorougheducation inbusiness.Studentsatthe undergraduatelevelcanpursue bachelor’sdegreesinaccounting, businessadministration,economics, andorganizationalmanagement.The businessadministrationprogramhas uniqueconcentrationsinbusiness finance,management,human resourcesmanagement,information technology,internationalbusiness,and marketing.

Anotableaspectofthebusiness administrationdegreeisitsintegrated curriculum.Inthishands-onprogram, studentscombinefinance, management,andmarketingina singlesemestercourseblock.This immersiveexperienceinvolves

formingacompany,developinga businessplan,securingabankloan, andpresentingearningstoanonprofit charityattheendofthesemester.

Forthoselookingtocontinuetheir education,theuniversityoffers4+1 programsthatsmoothlytransition frombachelor'stomaster’sdegreesin accounting,dataanalytics,or leadershipandmanagement.This initiativesimplifiestheacademic journeyandenhancesaccessibilityto graduateeducationbyofferingearly acceptance.

Atthegraduatelevel,theuniversity offersaMasterofBusiness Administration(MBA)and specializedgraduatedegreesin

finance,accounting,dataanalytics,and leadershipandmanagement.Accomplished executivesandpractitionerscanalsopursue theDoctorofBusinessAdministration (DBA),aprogramdesignedforthoseseeking thehighestlevelsofthoughtleadership.This programopensdoorstoopportunitiesinareas suchasbookauthorship,management,and consulting.Withaforward-lookingapproach, theuniversityisintroducinganew concentrationinartificialintelligencefor businessleaders,demonstratingits commitmenttostayingattheforefrontof businesseducation.

AccessibleAdmissionsandHolistic Evaluation

TheUniversityofLaVernetakespridein ensuringthatprivateeducationisaccessible,

boastinganinclusiveacceptance rateof75percent,aligningwith manypublicuniversities. Admissionsattheuniversityare holisticandpersonalized,taking intoaccountvariousfactorssuch ashighschoolorcollege transcripts,apersonalstatement, lettersofrecommendation, involvementinschooland communityactivities,leadership qualities,specialtalents,and character Thiscomprehensive approachensuresadiverseand well-roundedstudentbody Atthe graduatelevel,programdirectors fromthebusinessfacultymake admissiondecisions,emphasizing aselectiveprocesstocurateeach incomingclass.

“

The University of La Verne is remarkable for its combination of academic excellence, inclusivity, and social mobility.

COVER STORY

Theuniversityiscommittedtosupportingits studentsandrecognizingthefinancial considerationsofeducation.Morethan90 percentofstudentsreceivefinancial assistance,whichincludesgrants, scholarships,and/orloans.Thiscommitment underscorestheuniversity’sdedicationto providingarangeoffinancialaidoptions, makingqualityeducationachievablefora broadspectrumofstudents.Whetherthrough merit-basedscholarships,need-basedgrants, orotherfinancialaidavenues,theuniversity strivestoalleviatethefinancialburden associatedwithpursuinghighereducation, fosteringanenvironmentwhereacademic aspirationscanflourish.

PersonalizedLearningEnvironmentand ContinuousSupport

Theuniversitymaintainsapersonaland supportivelearningenvironmentwithan averagestudent-to-teacherratioof14:1.This lowratioshowsadedicationtopersonalized education,allowingstudentsintheCollegeof Businesstobenefitfromindividualized attentionandaclose-knitacademic community

Businessstudents,inparticular,receive dedicatedsupportthroughtheThakur AdvisingCenterandtheO'BrienCareer Center Thesecentersprovideone-on-one personalizedacademicandcareeradvising, ensuringthatstudentsgettailoredguidanceto navigatetheiracademicjourneyandprepare fortheirprofessionalfutures.Importantly, thiscommitmentgoesbeyondgraduation,as theuniversitydistinguishesitselfbyoffering ongoingsupportandadvisingservicesfor businessgraduatesthroughouttheirlives. Thisholisticapproachtoeducationhighlights theuniversity’scommitmenttobuilding lastingconnectionsandsupportingthelongtermsuccessofitsstudents.

EnrichingCampusLifeattheUniversity

TheUniversityofLaVernefostersavibrant campuslife,encouragingstudentstoactively participateintailoredextracurricular

activitiesalignedwiththeirambitionsandinterests.Student leadershipinitiativesofferopportunitiestodevelopessential skillsandassumeactiveroleswithintheuniversity community,preparingthemforfutureendeavors.

AdiverserangeofstudentclubsandGreekLife organizationsprovidesplatformsforsocialengagementand theexplorationofsharedinterests.Theseavenuesnotonly enrichthesocialfabricofthecampusbutalsoallow studentstobuildlastingconnectionswithpeerswhoshare similarpassions.

Inathletics,theuniversitysupportsvarioussports programs,enablingstudentstoparticipateinphysical activitieswhilefosteringteamwork,discipline,anda commitmenttoahealthylifestyle.

Inadditiontoacademicpursuits,theuniversityprioritizes studentwell-beingthroughsupportservices,includingwellbeingprogramsandtutoring.Thisholisticapproachensures thatstudentsreceivecomprehensivesupportforboththeir academicandpersonalgrowth.

Forthosepassionateaboutthearts,theuniversityprovides opportunitiesinperformingarts,creatingspacesfor studentstoexpressthemselvescreativelythroughmusic, drama,andotherartisticendeavors.

Highlightingcivicandcommunityengagement,the universityencouragesstudentstoactivelyparticipatein serviceprojects,instillingasenseofresponsibilityand contributingtothebroadercommunity.

Asstudentspartakeincampustraditionsandspecialevents, astrongsenseofcommunityiscultivated,fosteringshared experiencesandadeepconnectiontotheuniversity

Tocomplementtheoverallcollegeexperience,the universityalsoofferson-campushousingoptions,providing studentswithasupportiveandcommunalliving environment.Thisholisticapproachtoeducation, combiningacademicrigorwitharichtapestryof extracurricularactivities,reflectstheuniversity’s commitmenttonurturingwell-rounded,engaged,and fulfilledindividuals.

NurturingDiversity,Equity,andInclusionforAcademic Excellence

TheUniversityofLaVerneisproudtoberecognizedas oneofthemostdiverseprivateinstitutions,withover70

percentofstudentsidentifyingasstudentsofcolor.Asa federallydesignatedMinority-andHispanic-Serving Institution,theuniversityiscommittedtofosteringadiverse andinclusivecommunity Thisrichtapestryincludes studentsfromvariousbackgrounds,somewithmilitary connections,andmorethanhalfarethefirstintheirfamilies topursuehighereducationorcontinuewithgraduatestudies.

Diversity,equity,andinclusionareessentialaspects embeddedincampuslife.Theuniversityoffers comprehensivesupportthroughvariousavenues,suchasthe CenterforMulticulturalServices,theCenterforVeteran StudentSuccess,theOfficeofReligiousandSpiritualLife, theOfficeofDiversity,Equity,andInclusion,andtheOffice ofInternationalServicesandEngagement.Holisticand inclusivepracticesforstudentsuccessarefurther emphasizedthroughTitleIIIHISSTEMandPeerMentoring Programs,BlackandLatinxLivingandLearning Communities,andCulturalGraduationCelebrations.

Theinternationalstudentcommunityattheuniversityisa vibrantandgrowingcohort,withover300studentsfrom42 countries.Theuniversity’sappealtoglobalstudentsis attributedtofactorslikeproximitytotheculturalhubofLos Angeles,theregion’sdiversity,beautifulweather,andthe safetyandrecreationalopportunitiesofferedbythesmall community.TheOfficeofInternationalServicesand Engagementplaysapivotalroleinadvisingandsupporting internationalstudentsandscholars,offeringassistancewith visastatus,orientations,workshops,andmore.

Moreover,theuniversityprovidesvaluablebenefitsto internationalstudentspursuingbusinessdegrees.All businessdegreeprograms,includingtheDoctorofBusiness Administration(DBA),areapprovedfortheF-1visa, allowinginternationalstudentstostudyattheUniversityof LaVerne.GraduatesoftheMasterofDataAnalytics program,withaSTEM-certifieddegree,qualifyforupto threeyearsofOptionalPracticalTraining(OPT)inthe UnitedStates,enhancingtheirpost-graduationcareer prospects.Thisinclusiveapproachandcommitmentto diversityunderscoretheUniversityofLaVerne’sdedication tocreatingawelcomingandsupportiveenvironmentfor studentsfromallwalksoflife.

CommitmenttoPracticalEducationandIndustry Relevance

TheUniversityofLaVerneiscommittedtoproviding collegegraduateswiththeessentialskillsforsuccessin today’srapidlychangingglobalbusinessenvironment.

Goingbeyondtraditionalclassroomeducation,theinstitution standsoutbyofferinghands-on,practicallearningopportunities. Thisensuresstudentsunderstandtheoreticalconceptsanddevelop thepractical,real-worldskillsmodernindustriesdemand.

Theuniversity’srecognitionbytopemployershighlightsthe valueofitseducationalandcareerreadinessofferings.Employers activelyseekandhiregraduates,confirmingthepractical relevanceandqualityoftheskillsinstilledinstudentsduringtheir academicjourney.

Onedistinctivefeatureoftheuniversityisitscommitmentto maintainingsmallclasssizes.Thisintentionalchoicecreatesan environmentwherestudentsandfacultycanestablishmeaningful connections,fosteringgreatercollaborationonprojectsand encouragingmentoringrelationshipswithprofessors,ultimately enhancingtheoveralleducationalexperience.

Thecurriculumaimstocultivateadiverseskillsetinstudents, includinganalyticalthinking,criticalreasoning,complex problem-solving,ethicaldecision-making,effective communication,collaboration,aglobalperspective,andan entrepreneurialmindset.

Witharich50-yearhistory,theCollegeofBusinessatthe UniversityofLaVernehasconsistentlyproducedbusiness leaders,managers,andentrepreneurs.Theskillsdevelopedinits graduatesnotonlymakethemhighlysoughtafterbytop employersbutalsoprovebeneficialateverystageoftheir professionaljourneys.

Transformative

LeadershipandVisionfor AcademicExcellence

EmmelinedePillis,theDeanoftheCollege ofBusinessattheUniversityofLaVerne, bringsawealthofexperienceandadiverse backgroundtoherrole.Joiningthe universityinJuly2021fromtheUniversity ofHawaiiatHilo,shehasarobust professionalhistory,includingproject managementatHewlett-Packard, managementtrainingatHawaiiHealth SystemsCorporation,andhealthcare researchfortheBehavioralSciencesGroup attheRANDCorporation.

Dr.dePillisholdsaPh.D.fromthe UniversityOfSouthernCaliforniaMarshall SchoolOfBusiness,showcasingher commitmenttoscholarlyachievement.Her academicjourneybeganwithabachelor's degreeinmathematicsandcomputerscience fromtheUniversityofCalifornia,SanDiego.

AsDean,Dr.EmmelinedePillisemphasizes theuniquequalitiesthatsettheUniversityof LaVerneapart.Shedescribestheinstitution asremarkableforitscombinationof academicexcellence,inclusivity,andsocial mobility.Hervisionunderscoresthe transformativepowerofLaVerneeducation, focusingonpersonalizedinstruction, targetedadvising,comprehensivecareer services,andarobustalumninetworkof over89,000individualsworldwide.

Dr.dePillis’smessagetostudentsandtheir parentsrevolvesaroundtheprofoundimpact ofaLaVerneeducation.Sheexpresses inspirationinwitnessinghowthe university’sapproachcanpositively transformlives.Withafocusonpersonalized guidance,careersupport,andastrongalumni network,Dr.dePillisencouragesstudentsto believeintheirpotentialtoachievemore thantheyeverthoughtpossible.This messageresonatesnotonlywiththe academicaspectofeducationbutalsowith thebroadergoaloffosteringpersonaland professionalgrowthwithintheUniversityof LaVernecommunity

Carmel Boyer School Of Business

Management-Dr.SusanKuznik,DeanandProffesor

URL-www.bw.edu/schools/business

Founded-1845

Description-TheCarmelBoyerSchoolofBusiness has

College of Business

Management-

MichaelE.Solt,Dean

URL-

www.csulb.edu/college-of-business

Founded-

Description-CollegeofBusinessis

King Talal School of Business Technology

Management-

GeorgeSammour,President

URL-www.psut.edu.jo

Founded-2006

Description-TheKingTalalSchoolofBusiness Technology(KTSBT)isonesuchinstitutethatdelivers greatbusinesseducationinordertodevelopageneration ofhighlycompetentbusinesstechnologystudents capableoflearningnewskills,competing,andmeeting jobmarketrequirements.

Minnesota State University Moorhead

Management-TimothyDowns,President

URL- www.mnstate.edu

Founded-1887

Description-Theskillsandaptitudesdevelopedbythe universitypreparestudentsforamarketplaceand societyinwhichanunderstandingofdata,technology, projectmanagement,andthehumanexperience intertwineswiththerealitytheywillface.

Oral Roberts University

Managementwww.oru.edu

DR.WILLIAMM.WILSON,President

Rice University Jones Graduate School Of Business

Management-PeterRodriguez,Dean

URL-www.business.rice.edu

Founded-

URL1963

Description-ORUisaliberalartsinstitutionfeaturing programsinbusinessandbiology,aswellas engineering,computerscience,nursing,criminaljustice, theologyandministry,andmore!

Founded-1974

Description- Itisaninstitutionknownforitsemphasis onresearch-driveninsightsandadedicationtocreatingan inclusiveandcollaborativeeducationalexperience.

The American University in Vietnam

Dr.DwayneMcCay,President Management-

URL-www.auv.edu.vn

Founded-2016

Description-TheAmericanUniversityinVietnam (AUV)isafour-yeardegreethatoffersliberalarts educationandmajorstostudentswhovalueacademic excellence

University College Of Bahrain

Management-

Prof KhalidM AlKhalifa,FounderandChairman

URL-www.ucb.edu.bh

Founded-2002

Description-Venturingintotheinternationalarena,the UniversityCollegeofBahraincapturesourattentionwith itsglobalperspectiveandcommitmenttonurturinganew generationofleaderswithadeepunderstandingofthe interconnectedworldofbusiness.

University Of La Verne’s College Of Business

Management-Dr.PardisMahdavi,President

URL-www.business.laverne.edu

Founded-1891

Description-Fromcutting-edgecurriculatoinnovative researchinitiatives,thisinstitutionstandsoutasa beaconofacademicexcellence,preparingstudentsfor leadershiprolesinarapidlychangingbusiness environment

University Of Lynchburg’s College Of Business

Management- Dr.AlisonMorrison-Shetlar,President

URL-www.lynchburg.edu

Founded-1903

Description-Nestledintheheartofacademic excellence,theUniversityofLynchburg’sCollegeof Businessemergesasastalwartinpreparingstudentsfor thecomplexitiesofthecorporatelandscape

NancyHubbard DeanandProfessor UniversityofLynchburg's CollegeofBusiness

Universityof Lynchburg's Collegeof Business

FosteringExcellenceinEducation,Diversity,andSuccess THE

TheUniversityofLynchburg’sCollegeofBusiness representsablendoftraditionandinnovation.With rootstracingbackoveracenturyasaliberalarts college,theinstitutionremainsdeeplycommittedto fosteringcriticalthinkinganddeliveringawell-rounded education.WhatdistinguishestheCollegeofBusinessis itsdedicationtopreparingstudentsforreal-world successbyequippingthemwithvaluableskillssuchas Excelproficiency,WordPressmastery,andtheabilityto managefocusrooms.

Furthermore,theuniversityisknownforoffering practicalexperiences,includingachievingBloomberg terminalcertificationandvarioushands-on competencies.Notably,theinstituteaccomplishesthis whileprovidingaricharrayofactivities,rivalingthose foundinlargeruniversities,yetensuringaninclusive environmentwhereeveryeagerstudentcanactively engage.Inthisuniqueblendofacademictraditionand forward-lookingpragmatism,theUniversityof Lynchburg’sCollegeofBusinessstandsasanexample ofeducationalexcellenceandworkforcepreparation.

InnovativePrograms,ExperiencedFaculty,anda FocusonReal-WorldLearning

TheUniversityOfLynchburgCollegeOfBusiness offersawiderangeofprogramsandcoursesdesignedto meettheevolvingdemandsofthebusinessworldwhile creatinganacademicenvironmentenrichedbyrealworldexperience.TheCollegeofferstraditionalfields suchasaccounting,economics,finance,marketing,and sportsmanagement,establishingasolidfoundationin thesecrucialareas.

Notably,theCollegeofBusinessdistinguishesitself withinnovativeofferingsthatsetitapartfrom

traditionalundergraduatesettings.Ittakesahands-on approachtoeducation,incorporatingbusiness simulationsinapproximatelyone-thirdofitsclassesand usinglocalbusinessesascasestudiestoensurerealworldrelevance.Uniquemajorslikedigitalmedia marketingandhumanresourcemanagementfill academicnicheswithinthemarket.Thedigitalmedia marketingmajor,inparticular,standsoutasarare opportunityinafive-stateregion,providingstudents withamultidisciplinaryexperiencealongsideastrong groundinginbusinessprinciples,equippingthemfor long-termsuccess.

Moreover,thecollege’snationallyrankedMBAprogram hasundergonerecentenhancements,featuringaflexible formatwith7.5-weekmodules.Thismodificationallows studentstocompletetheprograminoneyearonafulltimebasisorovertwoyearsonapart-timeschedule. TheMBAprogramoffersthreedistincttracksin Management,Cybersecurity,andSportManagement, makingitoneofonly29SportManagement-focused MBAprogramsintheUnitedStates.Thiscombination ofspecializationandadaptabilitycaterstoawidearray ofcareeraspirations.

Oneofthecollege’skeystrengthsliesinthepractical experienceofitsfaculty Whileallprofessorshold terminaldegrees,manyhaveworkedinvarious industries,includingrenownedinstitutionslikeGEand GeneralDynamics,leadingaccountingfirmslikeEYand KPMG,strategyhouses,advertisingagencies,andhave heldpositionsascorporatecontrollers,accountants, statisticians,CMOs,CPOs,andCFOs.Thisunique blendofacademicrigorandpracticalexpertiseensures studentsreceiveaneducationfirmlyrootedinreal-world businesschallenges.

SmallClassSizesandPersonalizedEducation

Theuniversitymaintainsafavorablestudent-teacher ratioof11to1,particularlynotablewithintheCollege ofBusiness,whereclasssizesareintentionallylimitedto 30students.Inmanyupper-levelcourses,classsizesare evensmaller,accommodatingjusthalfthetypicalclass

size.Thiscommitmenttosmallerclasssizesdiffersfrom thelecturehallmodelatlargerstateuniversities,where professorsoftenaddresshundredsofstudentsatonce.

Smallerclasssizesofferstudentsamoreinteractiveand intimatelearningenvironment.Theycanengageclosely withtheirprofessorsonadailybasis,fostering meaningfulacademicrelationships.Thispersonal interactionwithfacultymembersallowsforthe cultivationofstronglettersofrecommendationforjob opportunitiesandgraduateschooladmissions.

Theresultsofthispersonalizededucationareevident,as theuniversity’sbusinessstudentsfrequentlygain admissiontoprestigiousgraduateprograms.Inthepast fiveyears,graduateshavegainedacceptancetoelite institutionssuchasDuke,Georgetown,Columbia,the UniversityofVirginia,Babson,andWilliam&Mary Moreover,theCollegeofBusinessoffersadirect admissionpathwaytotwomaster’sdegreeprogramsat William&Mary,furtherenhancingstudents’prospects foradvancededucationwithscholarshipopportunities. Additionally,asignificantnumberofbusinessstudents aremembersofWestovers,theUniversity’shonors college.

FosteringaMultifacetedCampusExperience

TheUniversityofLynchburg’sCollegeofBusiness providesavibrantcampusexperience,complementing academicprogramswithdiverseextracurricularactivities andresources.

Onenotablefeatureisthefulltradingfloor,where studentsgainhands-onexperienceandearnBloomberg terminalcertification.Thisuniqueopportunityisstudentmanaged,withover30individualsoverseeinga significantportionoftheUniversity’s endowment—approximately$400,000.Theirautonomy inmakinginvestmentdecisionssetsthemapartasoneof thefewoperationsinthecountrywiththislevelof financialresponsibility.Furthermore,studentscantravel acrosstheUnitedStatesforcompetitionsandevents, withtheUniversitygenerouslyfundingthem.

Inadditiontothetradingfloor,theCollegeofBusiness boastsamarketingfocusroom,providingstudentswith themeanstoconductmarketresearchfirsthand.This resourceisespeciallyvaluable,offeringpracticalinsights intothefieldofmarketingandequippingstudentswith tangibleskillsthatextendbeyondtheclassroom.

OutsidetheCollegeofBusiness,theUniversityofLynchburg offersavarietyofextracurricularactivities.Theinstitutionhas strongathleticprograms,withteamsthathavesecurednational titlesandareregularlynationallyranked,havingwon numerousconferencechampionships.Facultycollaborates closelywithcoachestohelpstudentsparticipateinathletics whileachievingtheiracademicgoals.

Thecampusalsosupportsavibrantartsandculturalscene, featuringanorchestraandnumerousopportunitiesfor involvementinperformingarts.Studentscanengageinclub teams,Greeklife,andawiderangeofotheractivities.Withsix universitiesintown,Lynchburgiscelebratedasoneofthebest collegetownsintheU.S.,offeringalivelyandsupportive communityforstudents.

CommitmenttoDiversityandInclusion

TheUniversityofLynchburgiswholeheartedlycommittedto fosteringdiversityandinclusiononitscampus.TheVice PresidentforInclusiveExcellenceleadsdedicatedprograms andinitiativesinthisregard,ensuringthatstudentsfrom diversebackgroundsfeelwelcomedandsupported.

Anoteworthyaspectoftheuniversity’scommitmentto diversityisitsinternationalstudentpopulation,whichmakes up20%ofthefreshmanclass.Theuniversityhasaspecialized supportsystemforinternationalstudents,includingdedicated staffprovidingthenecessaryinfrastructureandassistancefor theirsuccess.Thissupportextendstopracticalmatters,suchas transportation,offeringridesforshoppingandtoandfrom airports,whicheasesthetransitionforinternationalstudents.

Additionally,theuniversityoffersspecialdiningoptionsfor internationalstudents,creatingawelcomingenvironmentthat reflectstheirculinarypreferenceswhilealsobeingenjoyedby U.S.students.Culturaleventsthatshowcasetraditionsand customsfromdifferentcountriesenrichthecampus atmosphere,makingitmoreinclusive.

DeanNancyHubbard’sVisionforAcademicExcellence andStudentSuccess

NancyHubbard,theDeanandProfessoroftheUniversityof Lynchburg’sCollegeofBusiness,bringsextensiveexperience andastrongcommitmenttofosteringacademicexcellenceand personalgrowthamongstudents.Heracademicjourney, includingtimeattheprestigiousSaïdBusinessSchoolatthe UniversityofOxfordandGoucherCollege,exemplifiesher dedicationtoprovidingatransformativeeducational experience.

DeanNancyHubbard’smessagetoallstudentsattheCollegeofBusiness istwofold.First,shehighlightstheremarkableachievementsofthe institution’salumni,includingaNobelPeacePrizerecipient,theChief TechnologyOfficerofMicrosoft,andtheExecutiveVicePresidentof MarketingoftheBuffaloBills.Byshowcasingtheseaccomplishedalumni, DeanHubbardunderscoresthepotentialforcurrentstudentstoreach similarheightsintheircareers,thankstotheeducationandopportunities providedbytheCollegeofBusiness.

Secondly,DeanHubbardencouragesstudentstorecognizethe comprehensivesupporttheywillreceiveduringtheiracademicjourney. Sheassuresstudentsthat,whethertheyarehigh-achievingorinitially quieterandmorereserved,theCollegeofBusinesscanhelpthemachieve theirfullpotential.Theinstitutionisdedicatedtonurturinganddeveloping eachstudent,enablingthemtogrowintoconfidentleadersandachieve theirmostambitiousgoals.

“Ifyouhaveahigh-achieving student,wecanpushthem toachievetheirmost.If youhaveaquieterstudent, wecangrowthemintoa moreconfidentleader wheretheycomeout oftheirshellsandreach theirfullpotential.”

E-Waste Recycling

A Practical Guide to Build Wealth and Sustainable World

E-waste,whichstandsfor

electronicwaste,refersto discardedelectronic devicesandgadgetsthathave reachedtheendoftheirusefullives. Thiscategoryincludesold computers,smartphones,TVs, refrigerators,andotherelectronic equipment.Globale-waste productionhassoaredastechnology advancesrapidly,causingcritical environmentalandhealthconcerns.

Theglobale-wastecrisisisa pressingissuethatrequires immediateattentionandcollective action.Recognizingthedangersof impropere-wastedisposaland embracingresponsiblerecycling practicescanmitigatethe environmentalimpactandprotect humanhealth.Governments, industries,andindividualsmust collaboratetoestablisheffective recyclingsystemsandpromote awarenessaboutthebenefitsofewasterecycling.Onlythrough concertedeffortscanwepavethe waytowardasustainablefuture wherewemanageelectronicwaste responsiblyandconservevaluable resourcesforgenerationstocome.

ACauseforConcern

In2023,theglobale-wastegenerationreachedastaggering 53.6 millionmetrictons,reflectinga4.2%increasefrom 2022.Despitegrowingawarenessaboutresponsiblee-waste disposal,theworld’se-wasterecyclingratestillneeds improvement.In2023,peoplerecycledonly17.4%ofthe world'se-waste,leavingastaggering82.6%unaccounted forinlandfillsandincinerators.Thissituationcallsfor urgentactiontopromoteeffectiverecyclingpracticesand sustainablesolutions.

ProblemwithE-Waste

Thesurgeine-wasteposesnumerouschallengesandrisks toourplanetanditsinhabitants:

● EnvironmentalHazards:E-wastecontainstoxic substanceslikelead,mercury,cadmium,andflame retardants.Whenpeopledisposeofitimproperly inlandfillsorincinerateit,theseharmful chemicalsleachintothesoilandwater, contaminatingtheenvironment.

● HealthImpacts:Informale-wasterecycling practicesinsomeregionsexposeworkersto hazardoussubstances,leadingtoseverehealth problemssuchasrespiratoryissues,skindiseases, andneurologicaldisorders.

● ResourceDepletion:Electronicsoftencontain valuablematerialslikegold,silver,andrareearth metals.Failingtorecyclee-wastemeansmissing anopportunitytorecoverandreusethesevaluable resources.

BenefitsofE-WasteRecycling

Amidstthee-wastecrisis,responsiblerecyclingoffers significantadvantages:

● EnvironmentalPreservation:Recyclinge-waste helpspreventtoxicsubstancesfrompollutingthe environment,safeguardingecosystemsand wildlife.

● ResourceConservation:Recyclingreducesthe needforextractingrawmaterialsfromtheearth fornewelectronicproducts,whichconsumesvast amountsofenergyanddepletesnaturalresources. Itconservesvaluablematerials.

● EnergyEfficiency:Producingelectronicdevices fromrecycledmaterialsrequireslessenergy comparedtomanufacturingfromscratch, contributingtoenergyconservationandreducing greenhousegasemissions.

● JobCreation:Formale-wasterecyclingfacilities cangenerateemploymentopportunities,providing safeandsustainablelivelihoodsforworkers involvedintherecyclingprocess.

RecyclingE-Waste:FromCollectiontoEndMarket

Astheglobale-wastecrisisintensifies,weincreasingly needawell-structuredandefficientrecyclingchain.The journeyofe-waste,fromcollectiontopreparationforthe endmarket,playsacrucialroleinmitigatingenvironmental hazardsandconservingvaluableresources.Let’sexplore theessentialstepsinthee-wasterecyclingchain.

● Collection

Thefirststepinthee-wasterecyclingchain involvescollectingelectronicdevicesthathave reachedtheendoftheirlifecycle.Various stakeholders,includingindividuals,businesses, andmunicipalities,participateinthisprocess. Theysetupcollectionpoints,drop-offcenters,and recyclingeventstoencouragepropere-waste disposal.Theresponsiblecollectionensuresthat wedivertdiscardedelectronicsfromlandfillsand informalrecyclingpractices.

● Processing

Oncewecollecte-waste,specializedrecycling facilitiesprocessit.Duringthisphase,they disassemblethedevicesandcarefullyextract hazardousmaterialssuchaslead,mercury,and cadmium.Thegoalistopreventtheseharmful substancesfrompollutingtheenvironmentduring furtherrecyclingordisposal.

● DataDestructionandSecurity

Datasecurityisacriticalconcernduringe-waste recycling.Wetakepropermeasuresto permanentlyeraseanysensitiveinformationstored onthedevices.Certifieddatadestruction techniquessafeguardindividualsandbusinesses frompotentialdatabreaches.

● ComponentRecovery

Afterprocessing,therecyclingfacilityfocuseson recoveringcomponents.Weextractvaluable materialslikegold,silver,copper,andrareearth metalsfromelectronicdevices.Recoveringthese resourcesreducestheneedforrawmaterial extractionandconservesvaluablenatural resources.

● PreparationforEndMarket

Thefinalstageinthee-wasterecyclingchain involvespreparingtherecoveredmaterialsforthe endmarket.Manufacturerspurchasethese materialsandusethemassecondaryrawmaterials toproducenewelectronicproducts.Proper preparationensuresthattherecycledmaterials meetqualitystandardsandaresuitablefor manufacturingprocesses.

TacklingtheHurdles:TheChallenges

Astechnologycontinuestoevolveatanunprecedented pace,thegenerationofelectronicwaste,ore-waste,also increases.Disposingofelectronicdevices,rangingfrom smartphonestocomputers,hasbecomeapressingglobal concern.Whilerecyclinge-wastepresentsapromising solution,severalchallengeshinderitseffective implementation.

● LackofAwareness

Oneoftheprimaryobstaclesinthee-waste recyclinglandscapeisthelackofawareness amongconsumersandbusinessesalike.Many individualsremainunawareoftheenvironmental andhealthhazardsposedbyimproperdisposalof electronicdevices.Consequently,peopledispose ofmanydiscardedelectronicsinlandfills,leading toharmfulchemicalsseepingintosoilandwater sources.

Solution:RaisingAwarenessCampaigns

● PoorInfrastructure

Inadequateinfrastructurefore-wasterecycling posesasignificantchallengeinmanyregions. Someareaslackdesignatedcollectioncentersor recyclingfacilities,makingitdifficultfor

individualsandbusinessestodisposeoftheir electronicwasteresponsibly Therecyclingprocess canalsobecomplexandrequirespecialized equipmentandtechnologies.

Solution:StrengtheningRecyclingFacilities

● IllegalDumping

Oneofthemostconcerningchallengesine-waste recyclingisillegaldumping.Someunscrupulous entities,drivenbycost-cuttingmotives,chooseto disposeofelectronicwasteinenvironmentally sensitiveareasordevelopingcountrieswithlax regulations.Thisdangerouspracticeharmsthe environmentandposeshealthriskstovulnerable populations.

Solution:StrengtheningRegulationsand Enforcement

BetheChangeinRecycling

Addressingthechallengesofe-wasterecyclingrequires collectiveaction,andasindividuals,weallhaveacrucial roletoplayincreatingasustainablefuture.Wecanmakea significantdifferenceinmanagingelectronicwaste responsiblybytakingsimpleyetimpactfulsteps.

● RecycleYourE-Waste

Thefirststeptowardsresponsiblee-waste managementistorecycleyourelectronicdevices properly.Insteadofdiscardingoldorbroken gadgetswithregularhouseholdwaste,find certifiede-wasterecyclingcentersordrop-off locationsinyourcommunity.Recyclingcenters anddrop-offpointsinyourcommunitywill preventhazardousmaterialsfromendingupin landfillsandensurethattheyrecoverandreuse valuablecomponentsandmaterials.Rememberto wipeyourpersonaldatafromdevicesbefore recyclingthem,ensuringyourprivacyisprotected. Manyrecyclingcentersofferdatawipingservices orprovideguidanceonhowtodoitsafely.

● SupportCompaniesCommittedtoRecyclingEWaste

Whenpurchasingnewelectronicdevices,choose productsfromcompaniescommittedtosustainable

practices,includingrecyclinge-waste.Lookforbrandsthat offertake-backprograms,wheretheytakeresponsibilityfor recyclingtheirproductsattheendoftheirlifecycle. Supportingsuchcompaniessendsapowerfulmessagethat responsiblee-wastemanagementisaconsumerpriority Additionally,consideroptingforproductsmadefrom recycledmaterials,contributingtothedemandformore eco-friendlymanufacturingpractices.

● AdvocateforBetterRecyclingPolicies

Asconsumers,ourcollectivevoicecandrive change.Advocateforstrongere-wasterecycling policiesatlocal,national,andinternationallevels. Supportorganizationsandinitiativesworking towardsimprovingrecyclingregulationsand enforcingstricterpenaltiesforillegaldumping. Engagewithyourlocalgovernment representatives,attendtownhallmeetings,and raiseawarenessabouttheimportanceof responsiblyrecyclinge-wasteinyourcommunity Themorepeopleareawareoftheissue,themore likelypolicymakerswilltakeaction.

OpportunitiestoGrab

Thee-wasterecyclingindustryisagrowingindustrywith severalopportunities.Theglobale-wastegenerationrateis expectedtoincreaseinthecomingyears,creatinganeed formorerecyclingfacilitiesandservices.Byinvestingin thisindustry,youcanhelptoreducetheenvironmental impactofe-wasteandconservenaturalresources.

Herearesomeoftheopportunitiesintheindustry:

● Collectionandtransportation:Companiescan collectandtransporte-wastefrombusinessesand individualsthroughcurbsidecollectionprograms, drop-offcenters,andbuybackprograms.

● Processingandrecycling:Industriescanprocess andrecyclee-wastebyremovinghazardous materialsandrecoveringvaluablecomponents.

● Disassemblyandrefurbishment:Organizations candisassembleandrefurbishe-waste,extending thelifeofelectronicdevicesandreducingthe amountofe-wastethatneedsrecycling.

● Manufacturingofrecycledmaterials:Thereisa growingdemandforrecycledmaterialsfrome-

waste,whichcanbeusedtomake newproductssuchasbatteries, circuitboards,andplastics.

● Researchanddevelopment:Theewasterecyclingindustryneeds researchanddevelopmenttoleadto newandimprovedmethodsfor collecting,processing,andrecycling e-waste.

Herearesomespecificexamplesof companiesthataretakingadvantageofthe opportunitiesintheindustry:

● Envirocycle:Thiscompanycollects andrecyclese-wastefrom businessesandindividuals,boasting anetworkofover10,000collection pointsintheUnitedStates.

● TESRecycling:Itprocessesand recyclese-wastewithastate-of-theartfacilityinTexascapableof processingover100,000tonsofewasteannually.

● SimplyGreen:Itrefurbishesewastewithateamofexpertswho disassembleandrefurbishelectronic devices,extendingtheirlifespanand reducingtheamountofe-wastethat needsrecycling.

Thesearejustafewexamplesofthemany companiestakingadvantageofthe opportunitiesintheindustry.Ifyouare lookingforawaytoinvestinagrowingand sustainableindustry,thee-wasterecycling industryisagreatoption.

E-wasterecyclingisasharedresponsibility, andeveryindividual’sactionscount. Together,wecanpositivelyimpactthe environment,conservevaluableresources, andprotectourplanetfromthegrowing challengeofelectronicwaste.Letustake actiontodaytocreateabettertomorrowfor futuregenerations.Wehopethisbloghas helpedyouunderstandtheimportanceof recyclinge-waste.

CARMEL BOYER SCHOOL OF BUSINESS

Where Theory Meets Practice

NestledwithinBaldwinWallaceUniversity,

theCarmelBoyerSchoolofBusiness standsoutforitsdedicationtoexperiential learninganditsdeepintegrationwiththebusiness community.Itsundergraduateandgraduate programsaredesignedtoequipstudentswiththe knowledge,skills,andconnectionstheyneedto thriveintheever-evolvingworldofbusiness.

AHistoryofExcellence

TheCarmelBoyerSchoolofBusiness tracesitsrootsbacktotheearly20thcenturywhen itwasknownastheSchoolofCommerce.It evolvedandflourishedunderthevisionary leadershipofJacobO.Kamm,alegendary businessprofessorwhoinspiredgenerationsof students.In2022,theschoolwasrenamedinhonor oftwodistinguishedalumni,Willard“Bill”Carmel andGeorgeBoyer,whoachievedextraordinary successinthefinancialsectorandservedas trusteesoftheuniversityfornearly100years combined.TheschoolishousedinKammHall, whichbearsthenameoftheircollegementor

AVarietyofPrograms

TheCarmelBoyerSchoolofBusinessoffers undergraduate,graduate,andprofessional developmentprogramsthatcatertotheneedsand interestsofdifferentstudents.Theundergraduate programsincludemajorsandminorsinvarious fieldsofbusiness,suchasaccounting,marketing, entrepreneurship,andsportsmanagement.The graduateprogramsincludetheMasterofBusiness Administration(MBA),theMasterofAccountancy (MAcc),andseveralgraduatebusinesscertificate programs.TheMBAprogramhasflexibleoptions, suchasonlineorin-persondelivery,and specializations,suchasbusinessanalytics, healthcaremanagement,andstrategicmarketing. Theprofessionaldevelopmentprogramsinclude non-creditcoursesandworkshopsthatprovide practical,hands-on,andapplicableskillsfor businessprofessionals.

AConnectiontotheIndustry

TheCarmelBoyerSchoolofBusinesshasastrong linktothebusinesscommunity,bothlocallyand globally.TheschoolpartnerswithFortune500 companiesandlocalbusinessestoprovidestudents

withinternships,mentorshipopportunities, andjobplacements.Theschoolalsohasan advisorycouncilcomposedofindustry expertswhoprovideinputandfeedbackon thecurriculumandthetrendsinthe businessworld.Theschool’salumni networkisavaluableresourceforcurrent students,asitoffersguidance,support,and opportunitiesforcareeradvancement.The schoolboastsofproducingsuccessful alumniwhoareleadersintheirrespective fields,suchasCEOs,entrepreneurs, marketingexecutives,andfinancial analysts.

AFocusonAppliedLearning

TheCarmelBoyerSchoolofBusiness breaksawayfromtraditionalclassroom learningbyemphasizinghands-on experiences.Studentsdon’tjustlearnabout business;theygettodobusiness.Through simulations,casestudies,andreal-world projects,theytacklereal-worldchallenges anddevelopcriticalthinking,problemsolving,anddecision-makingskills.The schoolalsoprovidesstudentswithaccessto state-of-the-artfacilitiesandtechnologies, suchastheBusinessandResearchCenter, whichhouses14terminalsequippedwith theBloombergProfessionalsoftware platform,theindustrystandardforthe financialsector

ACommitmenttoYourFuture

AdegreefromtheCarmelBoyerSchoolof Businessisaninvestmentinyourfuture. Theschool’scommitmenttoexperiential learning,industryconnections,andfaculty mentorshippreparesgraduatesforsuccess inthecompetitiveanddynamicworldof business.Youwillacquiretheknowledge, skills,andmindsetthatwillenableyouto adapt,innovate,andleadinanysituation.If youarelookingforabusinessschoolthat willchallengeyou,supportyou,andhelp youreachyourfullpotential,thenCarmel BoyerSchoolofBusinessistheplacefor you.ApplytodayandjointheCarmelBoyer family.

Imaginelivinginoneofthehighesttaxedcountries, whereyoumustpaymorethanhalfofyourincometo thegovernment.Howwouldyoufeel?Wouldyoube happyorangry?Wouldyouthinkitisfairorunfair?

Taxesareoneofthemostcontroversialanddebated topicsintheworld.Theyaffecteveryone,from individualstobusinesses,fromrichtopoor,from developedtodevelopingcountries.

Taxesarethemainsourceofrevenueforgovernments, buttheyalsohaveasignificantimpactontheeconomy andsociety

Inthisblog,wewillexplorethehighesttaxedcountries intheworld,basedontheirpersonalincometaxrates, corporatetaxrates,andsalestaxrates.

Thehighestpersonalincometaxratesintheworld

Personalincometaxisataxthatisleviedonthe incomeofindividualsorhouseholds,suchaswages, salaries,dividends,interest,orcapitalgains.

Personalincometaxratesvarywidelyacrossdifferent countriesandregions,dependingonfactorssuchasthe taxbase,thetaxbrackets,thedeductions,the exemptions,andthecredits.

AccordingtoNomadCapitalist,thehighestpersonal incometaxratein2023isexpectedtobeasfollows.

1.IvoryCoast

●PersonalIncomeTaxRate:60%

In2018,anewtaxbracketwasintroducedforincomes exceeding100millionCFAfrancs($180,000)inoneof thehighesttaxedcountries,aimingtoboost governmentrevenueandcurbthefiscaldeficit.

Whilethehighpersonalincometaxratemayaddress incomeinequalitybyredistributingwealthand supportingsocialwelfareinitiatives,itcould potentiallyhindereconomicgrowthbydiscouraging work,savings,andinvestment,leadingtoresource allocationinefficiencies.

2.Finland

●PersonalIncomeTaxRate:56.95%

Theprogressivetaxsystem,withhigherratesfor greaterincomes,andsubstantialsocialsecurity contributionscontributestoahighpersonalincometax rate.

Whilethismaydiminishincomeinequalityandbolster socialwelfarethroughrobustpublicservices,itcan impedeeconomicgrowth.

Theelevatedtaxreducesdisposableincome,weakens taxpayerincentives,andintroducesinefficienciesin resourceallocation.

3.Denmark

●PersonalIncomeTaxRate:56%

Theprogressivetaxsystem,withhigherratesfor higherincomes,andsubstantialsocialsecurity contributionscontributestoahighpersonalincometax rate.

Whilethisnarrowsincomeinequalityandsupportsa robustwelfarestate,itpotentiallyhamperseconomic growthbyreducingdisposableincome,undermining taxpayerincentives,andcausingresourceallocation inefficiencies.

4.Belgium

●PersonalIncomeTaxRate:53.7%

Thesystemofgraduatedtaxation,applyinghigher ratestoincreasedincomes,alongwithsubstantial socialsecuritycontributions,playsacrucialrolein fosteringincomeequalityandsustainingarobust welfarestate.

However,theelevatedpersonalincometaxratemay impedeeconomicgrowthbydiminishingdisposable income,discouragingtaxpayerincentives,and introducinginefficienciesinresourceallocation.

5.Sweden

●PersonalIncomeTaxRate:52.5%

Thetieredtaxstructure,characterizedbyelevatedrates forhigherincomes,alongwithsignificantsocial securitycontributions,resultsinanincreasedpersonal incometaxrate.

Whileitaddressesincomeinequalityandupholdsa robustwelfarestate,itmayhindereconomicgrowthby diminishingdisposableincome,suppressingtaxpayer incentives,andintroducinginefficienciesinresource allocation.

Thelowestpersonalincometaxrateisprojectedtobe 0%inseveralcountries,suchastheBahamas, Bermuda,Kuwait,Qatar,andSaudiArabia.

Havinghighpersonalincometaxratesinthelistofthe highesttaxedcountriescanhavebothpositiveand negativeeffectsontheeconomyandsociety

Ontheonehand,highpersonalincometaxratescan reduceincomeinequality,astheyredistributeincome fromtherichtothepoor,andprovidemorefundsfor publicservices,suchashealth,education,andsocial security

Ontheotherhand,highpersonalincometaxratescan discouragework,savings,andinvestment,asthey reducethedisposableincomeandtheincentivesofthe taxpayers,andcreatedistortionsandinefficienciesin theallocationofresources.

Theoptimallevelofpersonalincometaxratesdepends onthetrade-offbetweenequityandefficiency,andthe preferencesandvaluesofthesociety

Thehighestcorporatetaxratesintheworld

Corporatetaxisataxthatisimposedontheprofitsof corporationsorlegalentities,suchascompanies, partnerships,ortrusts.

Corporatetaxratesalsodiffersignificantlyacross differentcountriesandregions,dependingonfactors suchasthetaxbase,thetaxdeductions,thetaxcredits, andthetaxtreaties.

AccordingtoTaxGuru,thehighestcorporatetaxrate in2023isprojectedtobeasfollows.

1.PuertoRico

●CorporateTaxRate:37.5%

PuertoRico'sfiscalcrisissince2006promptedtax reformsandausteritymeasurestoaddresspublicdebt.

Thehighcorporatetaxratehampersbusiness competitiveness,diminishingafter-taxprofitsand incentivesforcorporationstostay

Thiscoulddrivecompaniestorelocateto jurisdictionswithlowertaxrates,impacting investmentandinnovationbyloweringreturnson capitalanddiscouragingresearchand development.

2.Suriname

●CorporateTaxRate:36%

Suriname,consistentlyrankedamongthehighest taxedcountries,facesaprolongedeconomic downturn,triggeredbyplummetingcommodity prices,notablyinoilandgold,whichposes threatstobusinesscompetitiveness.

Thishightaxratediminishesafter-taxprofits, potentiallypromptingcorporationstorelocateto jurisdictionswithlowerrates,impacting Suriname’sappealforforeigndirectinvestment andhinderinginnovationbydiscouraging researchanddevelopmentefforts.

3.Chad

●CorporateTaxRate:35%

Chad'sheavyrelianceonoil,constituting70%of thegovernmentbudgetand90%ofexports, drivesthisrate.

Thishightaxationmayhinderbusiness competitiveness,reduceafter-taxprofits,and discouragecorporationsfromoperatinginChad.

Additionally,itcoulddeterforeigndirect investmentandstifleinnovationbydiscouraging researchanddevelopmentactivities.

4.Congo

●CorporateTaxRate:35%

Congofacesthefourth-highestprojected corporatetaxratein2023,primarilyattributedto longstandingpoliticalinstabilityandcorruption.

Decadesoftheseissueshaveerodedtheruleoflawand businessenvironment.Thishightaxraterisks diminishingbusinesscompetitiveness,discouraging investment,andhinderinginnovationbyreducing after-taxprofitsandcorporateincentives.

Itmayalsopromptcorporationstoconsiderrelocating tojurisdictionswithlowertaxrates,furtherchallenging Congo'sappealforforeigndirectinvestment.

5.EquatorialGuinea

●CorporateTaxRate:35%

EquatorialGuineafacesbusinesscompetitiveness challengeswithitscorporatetaxrate.Thishighrate, drivenbyheavyrelianceonoilrevenues,impactsaftertaxprofits,discouragescorporateoperations,andmay leadtorelocationstolower-taxjurisdictions.

Additionally,ithampersinvestmentandinnovation, diminishingthecountry’sappealforforeigndirect investmentandimpedingresearchanddevelopment activities.

Thelowestcorporatetaxrateisestimatedtobe0%in severalcountries,suchastheBahamas,Bermuda, CaymanIslands,andVanuatu.

Havinghighcorporatetaxratescanalsohaveboth advantagesanddisadvantagesfortheeconomyand society.

Onthepositiveside,highcorporatetaxratescan increasegovernmentrevenue,astheycaptureashare oftheprofitsgeneratedbythecorporations,and promotesocialjustice,astheymakethecorporations contributetothepublicgoodsandthecommon welfare.

Onthenegativeside,highcorporatetaxratescan reducethecompetitiveness,investment,andinnovation ofthecorporations,astheylowertheafter-taxreturns andtheincentivesoftheshareholders,andcreate distortionsandinefficienciesintheallocationof capital.

Theoptimallevelofcorporatetaxratesdependsonthe trade-offbetweenrevenueandgrowth,andthebalance betweendomesticandforeigncorporations.

Thehighestsalestaxratesintheworld

Salestaxisataxthatisaddedtothepriceofgoodsor servicessoldtoconsumers,suchasfood,clothing, electronics,orentertainment.

Salestaxratesalsovaryconsiderablyacrossdifferent countriesandregions,dependingonfactorssuchasthe taxbase,thetaxexemptions,thetaxthresholds,and thetaxcategories.

AccordingtoWorldPopulationReview,thehighest salestaxratein2023isestimatedtobeasperthe following:

1.Bhutan

●SalesTaxRate:50%

In2023,Bhutanboaststheworld'shighestprojected salestaxrate,primarilyattributedtosteepimport dutiesonmostgoods.

Essentialitemslikefoodandmedicineareexempt. Whilethishighrateaidsrevenuegenerationand environmentalprotectionbycurbingconsumptionof importedgoods,itmayhinderconsumerspending, elevatinglivingcostsandcontributingtoinflation.

2.Hungary

●SalesTaxRate:27%

Hungaryprojectstheworld'ssecond-highestsalestax rate.Thisstemsfromitsvalue-addedtax(VAT) system,applyingauniformratetomostgoodsand services,withexceptionsforbasicslikefoodand medicines.

Whileadvantageousforrevenueandfiscal consolidation,thehighratemayhinderconsumer spendingbyinflatingpricesandlivingcosts, potentiallycontributingtoinflationintheeconomy

3.Croatia

●SalesTaxRate:25%

Croatia,drivenbyavalue-addedtax(VAT)system, imposesastandardtaxonmostgoodsandservices.

Whilebeneficialforrevenueandfiscal consolidation,asittargetsconsumerspending, there'sadownside:increasedprices,elevated livingcosts,andpotentialinflationduetothe highsalestaxrate.

4.Denmark

●SalesTaxRate:25%

Denmarkisprimarilydrivenbythevalue-added tax(VAT)system.Thisuniformtax,excluding selectitemslikeeducationandhealthservices, enhancesrevenueandsustainsthenation's robustwelfarestate.

Whilesupportingqualitypublicservices, Denmark'sstatusasoneofthehighesttaxed countriesisreflectedinthishighsalestax, whichmayhinderconsumerspendingby elevatingpricesandlivingcosts,potentially contributingtoinflation.

5.Norway

●SalesTaxRate:25%

Norwayisprojectedtohavethefifth-highest salestaxratein2023.Thisisdrivenbythe value-addedtax(VAT)system,applyinga standardratetomostgoodsandservices.

Whileadvantageousforrevenueandsupporting agenerouswelfarestate,thehightaxmay hinderconsumerspending,increasingliving costsandcontributingtoinflation.

Thelowestsalestaxrateisexpectedtobe0% inseveralcountries,suchasBahrain,Hong Kong,Kuwait,andOman.

Havinghighsalestaxratesinthehighesttaxed countriescanalsohavebothprosandconsfor theeconomyandsociety.Ontheonehand,high salestaxratescanincreasegovernment revenue,astheycollectaportionofthe consumptionexpenditureoftheconsumers,and influenceconsumerbehavior,astheycan encourageordiscouragetheconsumptionof certaingoodsorservices.

Ontheotherhand,highsalestaxratescan reduceconsumerspending,astheyincrease thepriceandthecostoflivingofthe consumers,andcreateinflation,astheyraise thegenerallevelofpricesintheeconomy Theoptimallevelofsalestaxratesdepends onthetrade-offbetweenrevenueand consumption,andthepreferencesandvalues oftheconsumers.

Conclusion

Wehaveseenthatthehighesttaxedcountries intheworldhavedifferentlevelsandtypes oftaxesandthatthesetaxeshavedifferent impactsandimplicationsfortheeconomy andsociety.

Wehavealsotalkedaboutthehightaxesare notnecessarilybad,aslongastheyareused efficientlyandfairly

Hightaxescanprovidemorefundsforpublic goodsandservices,reduceincome inequality,andinfluencethebehaviorofthe taxpayers.

However,hightaxesalsoposesome challengesandrisks,suchasdiscouraging theincentivesandthemotivationofthe taxpayers,creatingdistortionsand inefficienciesintheallocationofresources, andrequiringhighgovernmentefficiencyand accountability

Therefore,thebenefitsandchallengesofhigh taxesdependonhowtheyaredesigned, implemented,andevaluated,andhowthey arealignedwiththegoalsandvaluesofthe society.

Hightaxesmaynotbeeveryone'scupoftea, buttheycanbeapowerfultoolforachieving socialandeconomicgoalsifusedwiselyand responsibly

Wewouldliketoknowwhat'syouropinion onthistopicwhatneedstobechangedand whatarethetermswhichcanbeappliedin yourrespectednation.

UniversityCollegeofBahrain

A Private Universitywith a Global Vision

TheUniversityCollegeofBahrain(UCB) isaprivateuniversitythatwasfounded in2002byShaikhDr.KhalidBin MohammedAlKhalifa,avisionaryleaderanda prominentfigureinthefinancialsector The universityoffersprogramsinbusiness administration,informationtechnology,and communicationandmultimedia,aswellasa graduateprograminbusinessadministration (MBA).Theuniversityaimstoprovidehighqualityeducationthatisbenchmarkedagainst internationalstandardsandattunedtotheneeds oftheregion.Inthisarticle,wewillexplorethe history,theservices,thebenefits,andthe opportunitiesoftheuniversity.

AHistoryofExcellence

UCBwasestablishedin2002asanon-profitprivateinstitution ofhighereducation,licensedbytheMinistryofEducationofthe KingdomofBahrain.Theuniversitywasoriginallydesignedand developedaroundaUSAandCanadianhighereducationmodel ofcurriculumcontent,assessment,anddeliverypattern,through aformalrelationshipwithMcMasterUniversityinCanada, whichadviseduponandprovidedtheinitialcurriculum.The universityalsoreceivesacademicsupportfromtheRegional ExternalPrograms/AmericanUniversityofBeirut.Themission ofUCBistoberegionallyrecognizedforteachingandscholarly accomplishmentsintheareasofleadershipandglobal management.Theuniversityisfocusedonpreparingleaderswho canoperateanywhereacrosstheglobe.

AVarietyofServicesandPrograms

UCBoffersundergraduate,graduate,andprofessional developmentprogramsthatcatertotheneedsand interestsofdifferentstudents.Theundergraduate programsincludemajorsandminorsinvariousfields ofbusiness,suchasaccounting,finance,Islamic finance,engineeringmanagement,management,and marketing.Theundergraduateprogramsalsoinclude majorsininformationtechnology,suchascomputer science,softwaredevelopment,andmanagement informationsystems,aswellasmajorsin communicationandmultimedia,suchasgraphic design,multimedia,andpublicrelations.Thegraduate programistheMBA,whichhasflexibleoptions,such asonlineorin-persondelivery,andspecializations, suchasbusinessanalytics,healthcaremanagement, andstrategicmarketing.Theprofessionaldevelopment programsincludenon-creditcoursesandworkshops thatprovidepractical,hands-on,andapplicableskills forbusinessprofessionals.

ARangeofBenefits

UCBoffersarangeofbenefitsforitsstudents,faculty,and staff.Theuniversityprovidesarigorousandinternationally informedcurriculumthatblendstheoryandpractice.The universityboastsafacultyofexperiencedprofessionalswho bringtheirreal-worldknowledgeandinsightsintothe classroom.Theuniversityalsoprovidesstudentswithaccess tostate-of-the-artfacilitiesandtechnologies,suchasthe BusinessandResearchCenter,whichhouses14terminals equippedwiththeBloombergProfessionalsoftware platform,theindustrystandardforthefinancialsector The universityalsooffersavibrantcampuslife,withavarietyof extracurricularactivities,suchasbusinessclubs,student organizations,andinternationalexchangeprograms.The universityalsohasastrongalumninetwork,whichoffers guidance,support,andopportunitiesforcareer advancement.

AWealthofOpportunities

UCBhasawealthofopportunitiesforitsstudents,faculty, andstaff.Theuniversityhasastronglinktothebusiness community,bothlocallyandglobally Theuniversity partnerswithFortune500companiesandlocalbusinessesto providestudentswithinternships,mentorshipopportunities, andjobplacements.Theuniversityalsohasanadvisory councilcomposedofindustryexpertswhoprovideinputand feedbackonthecurriculumandthetrendsinthebusiness world.Theuniversityalsosupportsresearchandinnovation, byencouragingfacultyandstudentstoengageinscholarly activitiesandprojectsthataddressthechallengesand opportunitiesoftheregionandtheworld.Theuniversity alsofostersacultureofentrepreneurship,byproviding training,mentoring,andfundingforstudentswhowantto starttheirownventures.

AFutureofSuccess

AdegreefromUCBismorethanjustacredential.Itisan investmentinyourfuture.Theuniversity'scommitmentto experientiallearning,industryconnections,andfaculty mentorshippreparesgraduatesforsuccessinthecompetitive anddynamicworldofbusiness.Youwillacquirethe knowledge,skills,andmindsetthatwillenableyoutoadapt, innovate,andleadinanysituation.Ifyouarelookingfora privateuniversitythatwillchallengeyou,supportyou,and helpyoureachyourfullpotential,thenUCBistheplacefor you.ApplytodayandjointheUCBfamily.

RiceUniversityJonesGraduate SchoolofBusiness

ATop-Ranked Business School in the Heart of Houston

RiceUniversityJonesGraduateSchoolof Business,orRiceBusiness,isthegraduate businessschoolofRiceUniversity,aprivate researchuniversityinHouston,Texas.Foundedin 1974,theschoolisnamedafterJesseH.Jones,a Houstonbusinessandcivicleaderwhoestablishedthe HoustonEndowment,aphilanthropicfoundationthat providedtheinitialfundingfortheschool.Theschool offersavarietyofprogramsinbusiness administration,accounting,andentrepreneurship,as wellasjointdegreeswithotherschoolsatRiceand BaylorCollegeofMedicine.Theschoolis

consistentlyrankedamongthenation’stop25businessschoolsby U.S.News&WorldReport,BloombergBusinessweek,and FinancialTimes.Theschoolisalsoknownforitsexcellencein entrepreneurship,havingbeenrankedtheNo.1graduate entrepreneurshipprogrambyPrincetonReviewandEntrepreneur Magazineforfiveconsecutiveyears(2020-2024).

ADiversePortfolioofPrograms

RiceBusinessoffersarangeofprogramstosuittheneedsand interestsofdifferentstudentsandprofessionals.Theschool’s flagshipprogramisthefull-timeMBA,whichisatwo-year

programthatprovidesarigorousand comprehensivecurriculum,experientiallearning opportunities,andpersonalizedcareercoaching.

TheschoolalsoofferstheMBAfor Professionals,whichisapart-timeprogramthat allowsworkingprofessionalstoearntheirMBA in22monthswhilemaintainingtheircareers.

TheMBAforExecutivesisanotherpart-time programthatisdesignedforseniorexecutives whowanttoenhancetheirleadershipskillsand strategicthinking.Theschoolalsooffersthe HybridOnlineMBA,whichisaflexibleand convenientprogramthatcombinesonlineand in-personlearning.Theschoolalsohasseveral jointdegreeprograms,suchastheMD/MBA withBaylorCollegeofMedicine,theMBA/ME withRice'sGeorgeR.BrownSchoolof Engineering,andtheMBA/MSwithRice's WiessSchoolofNaturalSciences.

InadditiontotheMBAprograms,Rice BusinessofferstheMasterofAccounting (MAcc),whichisaone-yearprogramthat preparesstudentsfortheCPAexamandacareer inaccounting.TheschoolalsooffersaPh.D.in Business,whichisafour-yearprogramthat trainsstudentstobecomescholarsand researchersinvariousfieldsofbusiness,suchas accounting,finance,strategicmanagement, operationsmanagement,andorganizational behavior.Theschoolalsoprovidesan undergraduatebusinessmajorandminor, executiveeducation,andcertificates.

AWealthofBenefitsandOpportunities

RiceBusinessoffersawealthofbenefitsand opportunitiesforitsstudents,faculty,and alumni.Theschoolprovidesahigh-quality educationthatisinformedbycutting-edge researchandindustryinsights.Theschool boastsafacultyofexperiencedprofessionals whobringtheirreal-worldknowledgeand expertiseintotheclassroom.Theschoolalso providesstudentswithaccesstostate-of-the-art facilitiesandtechnologies,suchastheBusiness andResearchCenter,whichhouses14terminals equippedwiththeBloombergProfessional softwareplatform,theindustrystandardforthe financialsector

Theschoolalsooffersavibrantcampuslife,with avarietyofextracurricularactivities,suchas businessclubs,studentorganizations,and internationalexchangeprograms.Theschoolalso hasastrongconnectiontothebusiness community,bothlocallyandglobally Theschool partnerswithFortune500companiesandlocal businessestoprovidestudentswithinternships, mentorshipopportunities,andjobplacements.

Theschoolalsohasanadvisorycouncil composedofindustryexpertswhoprovideinput andfeedbackonthecurriculumandthetrendsin thebusinessworld.Theschoolalsosupports researchandinnovation,byencouragingfaculty andstudentstoengageinscholarlyactivitiesand projectsthataddressthechallengesand opportunitiesoftheregionandtheworld.The schoolalsofostersacultureofentrepreneurship, byprovidingtraining,mentoring,andfundingfor studentswhowanttostarttheirventures.

Theschoolalsohasaproudtraditionofproducing successfulalumniwhoaremakingadifferencein theworld.FromCEOsandentrepreneursto marketingexecutivesandfinancialanalysts,Rice Businessgraduatesareleadersintheirrespective fields.Theyareinnovators,visionaries,and changemakers.Theschool’salumninetworkisa valuableresourceforcurrentstudents,whocan tapintothecollectivewisdom,experience,and opportunitiesoftheirpredecessors.Thealumni arealwayswillingtohelp,advise,andsupportthe nextgenerationofleaders.Theyarementors, connections,andfriends.

AFutureofSuccess

AdegreefromRiceBusinessismorethanjusta credential.Itisaninvestmentinyourfuture.The school'scommitmenttoexperientiallearning, industryconnections,andfacultymentorship preparesgraduatesforsuccessinthecompetitive anddynamicworldofbusiness.Youwillacquire theknowledge,skills,andmindsetthatwill enableyoutoadapt,innovate,andleadinany situation.Ifyouarelookingforatop-ranked businessschoolthatwillchallengeyou,support you,andhelpyoureachyourfullpotential,then RiceBusinessistheplaceforyou.Applytoday andjointheRiceBusinessfamily.