Business School Admissions

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:

1. Wharton
2. Columbia 
3. Harvard
4. Stanford
5. The London Business School
6. Chicago GSB
7. INSEAD
8. NYU - Stern
9. Dartmouth - Tuck
10. 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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