News items that we think are relevant and potentially of interest to MBA applicants and anyone interested in business school.
Last month, the president of the Massachusetts Institute of Technology (MIT) launched a university-wide innovation initiative and named two faculty members to lead it, including an entrepreneurship professor from the MIT Sloan School of Management.
MIT President L. Rafael Reif announced the creation of an MIT Innovation Initiative in an email to the MIT community on October 17th, naming Sloan Professor Fiona Murray and Department of Electrical Engineering and Computer Science Professor Vladimir Bulović to lead the effort. He also named a 19-member advisory committee made up of faculty from across MIT to help develop recommendations on next steps. Continue reading…
President Barack Obama’s nomination of Janet Yellen yesterday to head the Federal Reserve Board of Governors sparked celebration at the University of California’s Haas School of Business, where she was a member of the faculty for 26 years. If confirmed, Yellen will succeed current Fed Chair Ben Bernanke, who will step down in January 2014.
Yellen taught macroeconomics at Haas from 1980 to 2006 and was named a Berkeley Fellow earlier this year for her contributions to the school. While at Haas, Yellen’s research focused on unemployment and labor markets, monetary and fiscal policies and international trade and investment policy. In addition to her decades on the Haas faculty, Yellen has served as vice chair of the Federal Reserve’s Board of Governors since 2010, was president and chief executive officer of the Federal Reserve Bank in San Francisco from 2004 through 2010 and also chaired President Bill Clinton’s Council of Economic Advisers from 1997 to 1999. Continue reading…
Clear Admit is pleased to announce that co-founder Eliot Ingram has assumed the role of CEO. He succeeds former CEO Graham Richmond, who recently launched Southwark Consulting, a firm that advises graduate admissions offices on enrollment best practices.
“I look forward to taking over full leadership of Clear Admit and positioning the firm for its next round of growth,” said Ingram. Ingram has served as a senior admissions counselor and the firm’s CFO since he founded the company with Richmond in late 2001.
Clear Admit, a leader in the MBA admissions space for more than a decade, provides guidance – via personalized consulting, a daily updated blog and 80+ publications – to applicants to the world’s leading business schools.
Ingram brings extensive MBA admissions and management experience to his new role. As a co-founder of Clear Admit, Ingram has been instrumental in the growth and development of the firm. He has also advised hundreds of applicants on gaining admission to top business schools. Ingram holds a BA in Economics & Political Science from Swarthmore College and an MBA from the University of Pennsylvania’s Wharton School.
“I’m confident that Eliot will lead Clear Admit to continued excellence in the MBA admissions consulting space,” said Richmond.
As Association of International Graduate Admissions Consultants (AIGAC) members, Clear Admit is conducting an online survey to help us better understand our readers’ goals and needs as business school applicants.
This short survey should take no more than 10 minutes to complete, and we will be giving away $100 VISA gift cards as a token of our gratitude to three lucky winners! Anonymous survey results will be shared to help admissions officers from top MBA programs better understand the nature of today’s applicant pool. The last day to submit survey responses is May 15th.
Start filling out this short survey now for a chance to win $100!
The University of Michigan’s Ross School of Business, together with its College of Engineering, awarded its first master’s degrees in entrepreneurship last week, the university announced. Degrees were conferred upon 17 students as part of the joint program, which draws upon the strengths of both schools to help students transform business ideas into market-ready ventures within 12 months.
“The University of Michigan is ideally positioned to deliver such a program,” Ross Dean Alison Davis-Blake said in a statement. “Our top-ranked business and engineering schools have a long history of successful collaborative ventures,” she continued. Continue reading…
Business school applicants turn to Clear Admit as a source of reliable information and valuable advice on the MBA admissions process. As Association of International Graduate Admissions Consultants (AIGAC) members, we are conducting a survey to help us better understand our readers’ goals and needs. To facilitate this, we created a short online survey to explore the factors that matter most to you as a business school applicant.
This online survey should take no more than 10 minutes to complete, and we will be giving away $100 VISA gift cards as a token of our gratitude to three lucky winners! Anonymous survey results will be shared this spring to help admissions officers from top programs better understand the nature of today’s applicant pool. The last day to submit survey responses is May 15th.
Start filling out this short survey now for a chance to win $100!
Columbia Business School (CBS) this week launched Notes to the Next Class, a new online space where current and past students can share their experience with future CBS classes through photos, videos, advice and more.
The website is organized into sections corresponding to major milestones CBS students will experience in the course of their graduate management education, from acceptance and orientation to academics and campus life to graduation and post-MBA careers. With more than 41,000 alumni around the world, the school hopes the online repository will help connect students across the globe and across the decades.
“With the new website, generations of students can compare their experiences on campus, resulting in a shared celebration of history at the School,” read a press release announcing the website’s launch.
CBS community members can post notes and related media and check out what those who have come before them have to say about the same topics. And though only CBS students and graduates can contribute to the site, anyone can access it. So that makes it a great resource for prospective applicants looking to learn more about the school as well.
- Columbia Business School Admissions Committee Shares Waitlist Advice (clearadmit.com)
- Columbia Business School to Revamp MBA, EMBA Programs Next Fall (clearadmit.com)
Harvard Business School to Eliminate Formal Application Process
In yet another move to innovate and keep one step ahead of over-coached candidates, Harvard Business School (HBS) will be completely overhauling its application process for the coming season (2013-14). As many will recall, HBS made a splash this past cycle (2012-13) by reducing the number of required admissions essays by half (and available word count from 2,000 to 800 words) while also introducing a post-interview reflection email. While these innovations were helpful, the HBS admissions board will be taking things a step further Continue reading…
Graduate Management Admissions Test (GMAT) data from the Graduate Management Admissions Council (GMAC) reveals that women are embracing business school education as never before, a fact we thought makes a fitting close to March, Women’s History month.
A record number of women (122,843) took the GMAT in testing year 2012, representing a record share (43 percent) of exams taken, according to GMAC. Moreover, for the past 10 years the growth rate among women (4.3 percent) had been almost double that of men.
GMAC gathered these and other statistics as part of a special Women and Graduate Management Education Data-to-Go summary to commemorate International Women’s Day earlier this month. Citing its 2012 Application Trends Survey, GMAC noted that demand for specialized master’s programs is especially high among women, with each Master of Marketing/Communications and Master of Accounting programs showing a majority of women in their applicant mix (63 and 56 percent respectively).
Stacey Oyler, senior admissions counselor for Clear Admit, revealed hidden talents recently by reviewing the movie Admission, starring Tina Fey. In the funny and insightful review, published earlier this week by PoetsandQuants, Oyler reminisces about the days when she was a member of the admissions committee at Dartmouth University’s Tuck School of Business, comparing and contrasting her experiences with those of Portia Nathan, the Princeton admissions officer Fey portrays in the movie.
While Fey’s character in the movie is an undergraduate admissions officer, real-life Oyler’s focus was on MBA applicants to Tuck, where she worked from October 2003 to July 2005. Nonetheless, Oyler was able to draw several parallels between the movie and her own experience and share a number of takeaways that could benefit prospective applicants to undergraduate and MBA programs alike. Continue reading…
For those happy applicants who now hold acceptance letters from their target business schools, there still may be important work ahead: namely, breaking the news to your current employer. In a recent post to the Forté Foundation’s Virtual Campus website, a Forté Fellow at the University of Chicago Booth School of Business shares some best practices for how to approach this task with tact and technique – maintaining valuable relationships that could serve you in the future.
Tricia Felice, Chicago Booth MBA 2014, left a full-time job in Los Angeles to start her MBA program. She is the recipient of a fellowship through the Forté Foundation, an organization dedicated to increasing the number of women in MBA programs and business leadership. “Telling my boss about my decision was difficult, but it helped to remain focused on the personal progress I knew I would experience through my MBA,” she wrote. Continue reading…