“D” is for Disclosure? » Clear Admit: MBA Admissions Consultants Blog

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The Career Goals Essay
Berkeley / Haas*
Chicago Booth*
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Columbia*
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Duke / Fuqua*
Harvard*
Indian School of Business*
INSEAD*
London Business School*
MIT / Sloan*
Michigan / Ross*
Northwestern / Kellogg*
NYU / Stern*
Oxford / Said*
Penn / Wharton*
Stanford GSB*
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UNC / Kenan-Flagler*
USC / Marshall*
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MBA Programs: North America
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Berkeley / Haas
Boston College / Carroll
Carnegie Mellon / Tepper
Chicago
Columbia
Concordia
Cornell / Johnson
Dartmouth / Tuck
Duke / Fuqua
Emory / Goizueta
Harvard
HEC Montreal
Indiana / Kelley
Michigan
MIT / Sloan
Northwestern / Kellogg
New York / Stern
North Carolina / Kenan Flagler
Notre Dame / Mendoza
Pennsylvania / Wharton
Queens
Stanford
Syracuse / Whitman
Texas / McCombs
Thunderbird
Toronto
USC / Marshall
UCLA / Anderson
Vanderbilt / Owen
Virginia / Darden
Washington University in St. Louis / Olin
Western Ontario / Ivey
Yale

MBA Programs: Rest of the World
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AGSM (Australia) 2
Cambridge / Judge (UK) 1
CIEBS (China) 2
Cheung Kong Graduate School of Business (China) 1
Cranfield School of Mgmt (UK) 1
ESADE (Spain) 1 or 2
HEC (France) 2
Hult (UK) 1
IESE (Spain) 2
IMD (Switzerland) 1
INCAE (Costa Rica) 2
INSEAD (France) 1
IPADE (Mexico)
ISB (India) 1
London Business School (UK) 2
Manchester Bus. School (UK) 2
Melbourne (Australia) 2
Oxford / Said (UK) 1
Rotterdam (Netherlands) 1
Tsinghua IMBA (China) 2
University of St. Gallen (Switzerland) 1

Additional Resources
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AACSB International
Association of MBAs
Beyond Grey Pinstripes
EFMD
gradschools.com (worldwide)
Infozee
International Student Loans
mba.com (GMAT Scores)
MBAInfo
mbaleague.blogspot.com
MBAzone
MBA Jungle
TOEFL
Top MBA

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Thursday, December 15, 2005

“D” is for Disclosure?

In a not-so-shocking conclusion to the raging debate, Harvard Business School has eliminated its grade non-disclosure policy. Where HBS students had long been forbidden from revealing their marks to recruiters, the HBS Class of 2008 will now be able to do so. Acting dean Jay Light made the announcement yesterday by sending an email out to the HBS community (see below).

This decision raises two very important questions:

1) How will the fact that recruiters have access to GPAs change the level of collaboration among students at Harvard? Will classmates be less likely to assist one another for fear that firms like McKinsey or Goldman Sachs may be relying heavily on individual performance? Will second-year students seek out easier classes to ensure a high GPA?

2) How will the decision at HBS impact the debate that is currently being waged at other top schools with grade non-disclosure (like Wharton, Chicago and Stanford)?

HBS Blogger Mark checked in with his comments on this decision:

Personally, I’m disappointed by this move. I think it is rash to announce a potential change in October, provide scant details until November, and then make the change in December. That doesn’t even begin to address the fact that the decision was made by a temporary Dean who almost certainly won’t be in that position when the Class of 2008 arrives in September. This decision also says very negative things about how the administration values student feedback, and I have very low expectations for these “working groups.”

Here is the official letter from Harvard’s acting dean:

14 December 2005

Dear Students,

I am writing to let you know that, beginning with the Class of 2008, Harvard Business School will no longer prohibit students from disclosing the grades they earn in the MBA program. I recognize that this decision will not be welcome news, for I understand most of you would prefer to continue with our current policy.

In making this decision, I have listened carefully to concerns voiced by current students, and sought the views of faculty, staff, former students, recruiters, and other key constituencies who also care deeply about this issue and its effect upon HBS. I have consulted extensively with Rick Ruback, the MBA Program Chair, and sought advice from the Senior Associate Deans who comprise the faculty leadership. After carefully weighing the arguments on both sides of the issue, and in light of our long-standing mission and reputation, I believe this is the right decision for the School.

Fundamentally, I believe it is inappropriate for HBS to dictate to students what they can and cannot say about their grades during the recruiting process. I believe you and your classmates earn your grades and should be accountable for them, as you will be accountable for your performance in the organizations you will lead in the future. You each should be at liberty to provide recruiters with the fullest possible picture of your accomplishments — including your academic performance while here at the School. In addition, Harvard Business School’s reputation is deeply rooted in the transformational experience we provide in our classrooms, an experience that is vitally dependent upon maintaining high academic standards. The relatively recent policy of prohibiting disclosure is inconsistent with our commitment to these standards.

In individual emails and conversations as well as other larger forums for discussion and the recent Student Association poll, current students have raised a range of concerns related to disclosure, including decreased cooperation and collaboration in the classroom, less willingness to take risks (including course selection during the second year), grading practices, and a potentially less diverse mix of incoming students. I have talked at length with faculty, with staff, and with former students, particularly those who were here before we had prohibitions on disclosure. Based on their extensive experience at the School (including faculty who themselves were students at HBS), most believe the transition back to our original policy can be managed — with careful consideration of the implementation issues many of you have raised — to minimize any such effects. Based on our own experience over many years, Rick and I agree with this view.

I would hope we can use the coming year, working together, to plan the implementation of the change, and to make detailed recommendations on ways to monitor and mitigate any detrimental outcomes. I have asked Rick and the MBA program group to engage student leadership on this implementation, forming student-faculty working groups to develop guidelines we can apply for the Class of 2008. We all want to ensure that HBS remains an outstanding learning environment on every dimension.

I am grateful for the time and energy many of you have taken to share your thoughts and opinions over the last several weeks. Your passion is a clear measure of how much you value your experience here, and how much you wish to strengthen and improve the MBA program. We share that deep commitment to the School and to the very special educational experience that it provides.

Best regards,

Jay Light

Also, see Monday’s article about the debate in the Harbus.

And, just as a reminder, the Clear Admit team is still seeking beta-testers for an online tool we’re developing. Please email alexbr@clearadmit.com to participate. We’d love to have our readers support and input in this process!

# posted by Clear Admit @ 11:06 am in General

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