April 2007
Exclusive Admissions Interview:
Evan Bouffides, Assistant Dean and
Director of MBA Admissions for the Olin School of Business
It's not so much Olin's relatively small size that distinguishes it from other
business schools as it is the program qualities fostered by its limited
enrollment: close relationships among faculty, staff, and students, and the
chance for students to tailor their MBA studies to their individual interests
and needs. Olin's status as part of the Washington University in St. Louis also
gives students the opportunity to pursue a variety of dual degrees and area
concentrations. To learn more about the
Olin School
of Business and its MBA options, read the transcript of our recent and
exclusive
admissions interview with Olin's Evan Bouffides.
MBA Recruiting Keeps Going Strong
There’s speculation that the intense competition by banks and other employers to recruit this year’s crop of
top b-school grads may result in even more generous starting offers this spring than were seen last year. Last year’s
average starting packages set records at many schools, topping $150,000 at Kellogg, $167,000 at Wharton, and $169,000 at Columbia.
In other MBA recruitment news, the president of the MBA Career Services Council told the Wall Street Journal
some b-schools, including Ohio State's
Fisher
College of Business, are extending additional career services to part-time and EMBA students in an effort to help meet
employers' growing demand for
management talent.
Application and GMAT Volume Both Rise
The University of Michigan's
Ross
School of Business received 31 per cent more applications for its MBA
program this year than it did last year, according to a column that Director of
Admissions Soojin Kwon Koh wrote for the Monroe Street Journal. Average GMAT scores for both applicants and admits are also several points higher than they were a year ago.
GMAT registration and test volume is also on the rise, with more people signing
up for and taking the test during the first two months of 2007 than did for the
same period in 2006. Worldwide registration volume is up by 7.5 per cent, reflecting a 4.6 per cent increase in the U.S. and an almost 15 per cent increase overseas. Testing volume has increased by 24.4 per cent in the U.S. and by 30 per cent overseas.
March 2007
Exclusive Admissions Interview:
Bruce DelMonico, Admissions Director for
the Yale School of Management
This year's application season is going
"very well" at the
Yale
SOM, Admissions Director Bruce DelMonico says. This season's applicants are
impressive both in quantity and in quality. Candidates can increase their
chances of standing out in this increasingly competitive applicant pool by
focusing on their essays and projecting "a very clear, concise, coherent vision"
of themselves. To learn more about the SOM MBA program and its application
process, read the transcript of our recent and exclusive
admissions interview.
Another Reason Not to Trust the
Rankings
CNNMoney.com has taken down the webpage
with Fortune magazine's most recent list of the best b-schools for job
seekers, less than a month after the rankings were first published. The reason?
Fortune's contractor accidentally left the University of North Carolina's
well-regarded
Kenan-Flagler Business School out of the survey. CNNMoney.com has replaced
the rankings page with a statement apologizing for the error.
Tuck Introduces Social Leadership
Program
Beginning next year, the
Tuck School of
Business will give second-year MBA students the option of enrolling in a
special social leadership program. The year-long program will give students a
first-hand opportunity to develop their leadership skills by analyzing complex
social issues from a management perspective. Tuck Dean Paul Danos, who first
suggested the innovative program, says it is another part of "Tuck's strategy to
offer the world's best leadership education."
February 2007
Exclusive Admissions Interview:
Mae Jennifer Shores, Senior Associate Director of Admissions for the Wharton MBA Program
Despite the daunting statistics that
accompany any description of the Wharton MBA program, admissions to the School
are not strictly about numbers. In fact, says Wharton Senior Associate Director
of Admissions Mae Jennifer Shores, "Many prospective students would be pleasantly surprised to find there are a lot of Wharton MBAs who do not fit the
'average.'" To learn more, see the transcript of our recent and exclusive
admissions interview.
B-School Recruiters Include Fortunes' Best Employers
A number of the companies included in Fortune magazine's
annual list of the country's best employers are well-known to the career
services staff of the top b-schools. Companies like Goldman Sachs, Bain, and
Google regularly look for new management talent among the students and graduates
of Harvard, Stanford, Tuck, and other top b-schools. Other 'best employers' who
recruited at the top b-schools this past year include Deloitte, Proctor &
Gamble, Booz Allen Hamilton, Microsoft, Yahoo!, PriceWaterhouseCoopers,
and the Boston Consulting Group.
Wharton Tops the Financial Times
B-School Rankings
The Financial Times published its
annual global rankings of MBA programs in late January. According to its survey,
the top 10 MBA programs in the world are offered by:
- Wharton
- Columbia
- Harvard
-
Stanford
- The London Business School
- Chicago GSB
- INSEAD
- NYU - Stern
- Dartmouth -
Tuck
- Yale SOM
January 2007
Exclusive Admissions Interview:
Haas Director of Int'l Admissions Peter
Johnson
UC Berkeley's Haas School of Business welcomes leaders who have an individual
vision and who can think creatively about how to achieve it. "We do value people
who have the ability to be creative and innovative," says Director of
International Admissions for the Full-Time MBA Program Peter Johnson. "We
provide an almost bewildering variety of options for people to explore their
interests and to really move their career forward by tailoring this experience
to what they're looking to get." To learn more about what Haas has to offer
aspiring MBAs, read the transcript of our recent and exclusive
admissions
interview with Mr. Johnson.
Kellogg Launches New Asset Management Practicum
Northwestern University's Kellogg School of Management will introduce a new
Asset Management Practicum this January that will put selected MBA students in
charge of a sizeable financial portfolio drawn from the School's endowment.
Students chosen for the Practicum will manage their portfolio for one year,
beginning in the second semester of their first year and running through the
fall of their second year. A professor from the Finance Department will
supervise each student, who will also be required to take a specified sequence of
finance and investment classes.
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