Posted by Clear Admit on May 17, 2012, at 3:00 am
Posted in:  Campus Chronicles , School: Harvard Welcome, readers, to today’s Campus Chronicles, where we at Clear Admit offer up the news that MBA students are writing about. We are opening up The Harbus this time for news and insights from MBA students matriculating at Harvard Business School.
A new HBS-initiated course called Training the Valley, or TTV, is about the pass the beta stage and open for formal enrollment. Conceived of during FIELD 3, TTV is a “day-long crash course” that shows MBA students how to most effectively work with web developers and includes a case question so as to offer a more interactive learning experience. The aim is to help both entrepreneurially minded students and those seeking work at technology firms, such as Google, to succeed in web- and technology-based environments. The beta class was extended to 12 HBS students in April, and the first formal TTV will likely be open for students throughout the Boston area later this week.
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Posted by Clear Admit on May 11, 2012, at 2:00 pm
Posted in: MBA News , School: Harvard With discussion of same-sex partnerships very much in the news this week, Harvard Business School (HBS) yesterday tweeted a video from its Lesbian, Gay, Bisexual and Transgender Student Association (LGBTSA).
Entitled “It Gets Better,” the six-minute clip features several gay HBS students sharing openly about their experiences of coming out – the isolation of keeping their sexual orientation a secret, their fears of rejection and judgment and the sense of relief, acceptance, and freedom they felt upon disclosing who they really are. » Continue reading
Posted by Clear Admit on April 12, 2012, at 2:00 pm
Posted in: MBA News , School: Harvard A startup business venture by six Harvard Business School (HBS) MBAs will give prospective applicants access, for a fee, to actual sets of application essays written by candidates recently admitted to the school, according to a recent article in Poets&Quants.
Called MBA Bee to convey the idea of “spreading the pollen of knowledge,” the main purpose of the new venture is to give applicants from international, military or other nontraditional backgrounds the same kind of access to information that counterparts from more traditional backgrounds like finance and consulting more typically have, say its founders. “We want to lower the barrier between the people who have the knowledge and the people who desire it,” May Lam, one of the startup’s co-founders, told P&Q. “For them, it’s a lot more like shooting in the dark. Once you see a couple of essay sets you will see some underlying themes that will help you present your best candidacy.”
The goal of MBA Bee will be to build a database of successful essay sets which potential applicants can then buy according to key criteria that matches their own, such as career experience, age, and whether they are an international or domestic applicant, P&Q reports. And at least to start, the company’s founders have convinced fellow classmates to surrender their own actual application’s essays for free, though they would consider a revenue-share agreement if it allowed them to build out the business and expand to other top schools, they told P&Q.
MBA Bee is not the first to seek to sell access to successful HBS application essays – editors of HBS’s The Harbus student newspaper have put out two editions of “65 Successful Harvard Business School Application Essays” since 2004. But the startup’s founders think that providing essay answers from the same applicant to each of HBS’s four application questions sets their offering apart. “We felt there is a big need in the market for essay sets so applicants can see how successful applicants told their stories from start to finish,” Lam told P&Q.
MBA Bee last month launched its first website, ArmedForcesMBA.com, where it will target military applicants, selling separate sets of essays from successful HBS applicants from each the Army, Air Force, Coast Guard, Marines Corps and Navy. The selling price will be $100 per set, though they are available now for a special introductory offer of $50.
Though not officially endorsed by the school, the new essay-selling startup is an outgrowth of HBS’s recently revised MBA curriculum, in which student teams receive seed money from the school to create and launch a new product or service development project, P&Q reports.
For the complete P&Q article, click here.
Posted by Clear Admit on April 5, 2012, at 2:00 pm
Posted in: Deadlines , School: Harvard Next Tuesday, April 10th, is the deadline to submit applications to the Harvard Business School (HBS) Class of 2014, Dean of Admissions Dee Leopold reminded prospective applicants in a recent post to her Director’s Blog.
“12:00 Noon Eastern Time is the official deadline, but the reality is that we’ll keep the system open into the evening and we’ll be understanding about late recommendations,” Leopold wrote. Her admissions staff will begin reading applications that have received at least one recommendation beginning on April 11th. » Continue reading
Posted by Clear Admit on April 1, 2012, at 5:05 pm
Posted in: General , GMAT News , MBA News , School: Harvard , School: INSEAD , School: Penn / Wharton Leading MBA Programs to Swap Star Professors
Boston, MA (AP) – Harvard Business School’s Michael Porter is headed to Wharton in exchange for Jeremy Siegel and a professor to be named later. The move follows lackluster seasons for academic awards at both institutions despite massive spending on faculty and standing-room-only crowds in both professors’ classes. Porter, a noted strategy guru and tenured HBS professor will report to Philadelphia immediately, while Wharton’s financial markets expert, Siegel, will pack up and head for Boston. Wharton’s Dean Thomas Robertson offered the following comments: “This is one of those trades where both professors will benefit from a change of scenery. We’re confident that adding Michael to the mix of faculty we have in place will push us over the top.”
INSEAD to Introduce 1-Month MBA Program
Fontainebleau, France (Reuters) – INSEAD business school has introduced a month-long, highly accelerated MBA program beginning in September of 2012. The program, internally dubbed ‘TurboMBA’, manages to compress an entire master’s in business administration into just four weeks of classroom instruction and will require intense commitment from its students due to an around-the-clock schedule. INSEAD is recognized as having brought the short-format MBA into legitimacy with their one-year program many years ago. The school is once again looking to shake things up and innovate: “One of the chief benefits of this intensive short-duration program is that students will save money on lodging, since they will not be permitted to sleep during the course” said INSEAD’s Dean Dipak C. Jain. Red Bull has agreed to sponsor this innovative offering.
Makers of the GMAT® Exam Pull the Plug on Next Generation GMAT
Reston, VA (AP) – In a stunning move that has shaken the business school world to its core, the Graduate Management Admissions Council (GMAC), makers of the GMAT® exam, have abandoned their plans to introduce a new section to the entrance exam. The Next Generation GMAT® exam – originally slated for introduction in June of this year and designed to feature a new ‘Integrated Reasoning’ section – has been placed on hold indefinitely. In an official press release, GMAC officials reasoned: “It just seemed like an awful lot of work to integrate such widespread changes.”
Posted by Clear Admit on March 28, 2012, at 2:00 pm
Posted in: MBA News , School: Harvard In a recent post to her Director’s Blog, Harvard Business School (HBS) Dean of Admissions Dee Leopold shared a number of updates regarding Round 2 decision notifications, including that she will provide feedback for candidates who were denied admissions after an interview. This is a more recent development for HBS as its admissions office takes more and more steps toward greater transparency in the admissions process.
Leopold shared that her team will send emails out at noon tomorrow, March 29th, conveying Round 2 admissions decisions. “Congratulatory calls will follow, but we don’t do admissions notification via phone,” she wrote. » Continue reading
Posted by Clear Admit on March 21, 2012, at 2:00 pm
Posted in: MBA News , Rankings , School: Berkeley / Haas , School: Chicago , School: Columbia , School: Georgetown , School: Harvard , School: MIT / Sloan , School: Northwestern / Kellogg , School: NYU Stern , School: Penn / Wharton , School: Stanford , School: Yale Our post yesterday about the rosy employment outlook for current MBA grads was drawn in great part from data collected by U.S. News & World Report for its annual ranking of best business schools, released last week. In case you missed it, Harvard Business School and Stanford Graduate School of Business once again tied for first, marking the fourth time in five years those two schools have shared the top spot. Last year, Stanford edged ahead enough to bump HBS down to number two, but no such luck this year.
In a now crowded field, U.S. News has been in the business school rankings business since before most everyone else. Its rankings are based on a weighted average of several indicators, including overall program quality, peer assessments, recruiter assessments, placement success, mean starting salary and bonus, average GMAT score and GPA and more. » Continue reading
Posted by Clear Admit on March 15, 2012, at 3:00 am
Posted in: Campus Chronicles , School: Harvard Welcome to Campus Chronicles, where today we present some of the top stories and interviews as published by The Harbus, the newspaper of MBA students matriculating at Harvard Business School.
The Ninth Annual HBS Entrepreneurship Conference brought an impressive array of speakers and panelists to HBS. Speakers included prominent leaders such as Alfred Lin, the chairman of Zappos, and Mark Pincus, the CEO and founder of Zynga. » Continue reading
New York University’s Stern School of Business will now offer an MD/MBA dual degree program with the NYU School of Medicine, enabling students to complete both degrees within five years, the schools announced yesterday. With this new offering, NYU Stern joins business schools at several other top U.S. universities – including Harvard, the University of Pennsylvania, Columbia, Dartmouth, and Duke – which offer similar programs. » Continue reading
Three groups of professors from INSEAD and Harvard Business School (HBS) took top prizes at an annual European case study awards ceremony last week for cases involving black toilet paper, soap and breakfast cereal, the Financial Times reports. The FT report described the ECCH (formerly the European Case Clearing House) as the “Oscars” of the business world.
Researchers from INSEAD won the overall prize at the awards ceremony for a case study of privately-held Portuguese paper-products company Renova, which set itself apart from international competitors through development of “Renova Black,” the world’s first black toilet paper. “Renova’s success in bringing innovation and creativity to a commoditized category can serve as inspiration for all managers battling difficult conditions and a reason to remain optimistic about the future of southern European businesses, ” Pierre Chandon, an INSEAD marketing professor and one of the authors of the case, told the FT. » Continue reading
Posted by Clear Admit on February 16, 2012, at 3:00 am
Posted in: Campus Chronicles , School: Harvard This week’s Campus Chronicles tackles the most current news sweeping Harvard Business School by way of The Harbus, the newspaper of MBA students at HBS.
HBS’s first ever day of service is set for March 31. Named HBS SA Cares, the event was inspired by an HBS student’s experience with Kellogg Cares and Wharton Cares. The scheduled service projects will be undertaken by students to benefit Cradles to Crayons, the Lowell Wish Project, IMEC, The United Way, and Junior Achievement. Sponsors for the day of volunteering include Bain and Company, BCG, and the Healthcare Club at HBS.
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Top MBA programs including those at Harvard Business School (HBS) and the MIT Sloan School of Management are turning to the likes of Lady Gaga and Shakespeare to provide examples of successful leadership and strategy, according to a recent article in the Toronto Star. In the wake of the financial crisis and the resulting loss of faith in leadership, they’ve had little choice but to look outside the traditional business world in order to continue teaching by example, the Canadian paper suggests.
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Posted by Clear Admit on January 30, 2012, at 2:00 pm
Posted in: MBA News , Rankings , School: Columbia , School: Harvard , School: IE , School: IESE , School: INSEAD , School: London Business School , School: MIT / Sloan , School: Penn / Wharton , School: Stanford Stanford Graduate School of Business (GSB) this year tops the Financial Times global ranking of MBA programs, becoming only the fourth institution to do so. Stanford, which for the past 13 years has placed in the top 10, bested previous winners Harvard Business School (HBS), the Wharton School at the University of Pennsylvania and London Business School to take the top spot for the first time.
HBS came in at number two, followed by Wharton at number three. London Business School, meanwhile, fell from joint first to fourth, mirroring a general trend in which U.S. schools fared marginally better than their European counterparts. Falling salaries among alumni from European schools – an impact of the recent economic turmoil in Europe – account in part for this trend, the FT reports. » Continue reading
Welcome back to Campus Chronicles. As student papers have slowed their production due to the winter break, this week’s edition will offer a selection of student perspectives gained through immersion in new places and experiences and over the course of their studies at leading MBA programs.
While The Harbus features letters from several students spending time abroad as part of their FIELD programs, one student admits that he was a “Field 2 Skeptic.” Jehan deFonseka ’12 confesses that he was unconvinced that he would gain an in-depth understanding of the businesses or culture of a country in a week, among other concerns. However, deFonseka’s week spent in Mumbai made him realize that these issues didn’t “[come] to matter much” » Continue reading
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