News, advice and resources for business school applicants

MBA News

A collection of news items from MBA programs and about the business school admissions process.

Columbia Business School Shares Updates on J-Term Admits, Regular Decision Interview Invites

cbs curlColumbia Business School (CBS) has completed its Early Decision and J-term application review and will welcome approximately 200 new students as part of its January intake, the CBS Admission Committee announced earlier this week. Of those, roughly half come to CBS from international locations.

After taking a week’s hiatus from reviewing Regular Decision applications, the Adcom will pick up where it left off after the Thanksgiving holiday and expects to release the first interview invitations during the first week of December. Continue reading…

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Chicago Booth School of Business Partners with U of I College of Engineering

300px-UChicago_Booth_School_exteriorA new partnership between the University of Chicago Booth School of Business and the University of Illinois (U of I) College of Engineering promises to spur entrepreneurship by allowing top MBA and engineering students to combine their talents and expertise on joint startup ventures, Crain’s Chicago Business reported last month.

Previously, Chicago Booth MBA students hoping to pursue entrepreneurial ventures requiring engineering know-how were at a disadvantage because the University of Chicago Booth has no engineering school. U of I’s College of Engineering, located in Urbana-Champaign, is one of the 10 best engineering schools in the country – making the partnership with top-ranked Chicago Booth a natural fit. The collaboration is one the schools hope will prove mutually beneficial. Continue reading…

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Indian School of Business to Award 10 Merit-Based Full Tuition-Fee Waivers

isbAs part of a new initiative this year, Indian School of Business (ISB) is offering 10 full tuition-fee waivers to the school’s top 10 applicants this admissions season. These full waivers – valued at INR 2 million (roughly $66,000) – complement a range of other merit scholarships the school awards to applicants based on leadership potential, past academic performance and personal attributes.

No application is necessary for these new full tuition-fee waivers. Simply complete the ISB application. The Admissions Committee will select the recipients based on its evaluation of all of the candidates. The top 10 candidates, as measured by a combination of academic strength, leadership potential, work experience and other attributes, will be awarded the full tuition-fee waivers. Recipients will be notified of this decision at the time of admission. Continue reading…

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CMU’s Tepper School of Business Celebrates Global Entrepreneurship Week 2014

CMU Hunt LibraryIt’s been a busy week at the Tepper School of Business and Carnegie Mellon University (CMU) overall, where students have been partaking in a global celebration of innovation and entrepreneurship.

Global Entrepreneurship Week (GEW) 2014 began on November 17th and will continue through November 23rd. Observed in 140 countries worldwide, GEW was launched in 2008 to inspire “people everywhere through local, national and global activities designed to help them take the next step in their entrepreneurial journey.”

At Tepper and CMU, the week has included a series of campus-wide events designed to showcase and support the school’s thriving entrepreneurial spirit. Proceedings have included everything from fireside chats and open office hours with venture capitalists to an elevator pitch competition and a startup job fair. Throughout the week, CMU campus experts in new business creation, along with stakeholders in venture capital and community development, have delivered lectures and workshops for aspiring innovators and entrepreneurs. Continue reading…

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London Business School Incubator Welcomes Eleven New Start Ups

LBS_OMTH designLondon Business School (LBS) has selected 11 MBA entrepreneurs to join its Incubator program, where they will receive a year of support in launching their new business ventures, the school announced earlier this month. The Incubator is an initiative of the school’s Deloitte Institute of Innovation and Entrepreneurship.

The Incubator’s one-year support package includes an injection of cash for each of the 11 graduate entrepreneurs, as well as office space, professional support from Deloitte, Landor Associates and LBS alumni, access to training and workshops and an invitation to attend the Enterprise 100 members-only Annual Dinner, an event where entrepreneurs will get the network with angel investors, showcase their businesses and receive advice on crafting their business pitches. Continue reading…

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INSEAD Launches Emerging Markets Institute on Singapore Campus

INSEAD has launched a new think tank focused on emerging markets, the school announced earlier this month. Developed in partnership with the Singapore Economic Development Board (SEDB), the Emerging Markets Institute (EMI) will be housed on INSEAD’s Asia campus in Singapore.

The new research institute is designed to leverage INSEAD’s intellectual capital and global reputation – the school also features campuses in France and Abu Dhabi – as well as Singapore’s spirit of innovation and foresight to find solutions to the challenges facing emerging economies. Continue reading…

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Yale School of Management Hosts Inaugural Low Carbon Case Competition

yalesomThe Yale School of Management (SOM) today is welcoming student teams from around the world for its inaugural National Low Carbon Institutional Investing Case Competition, the first of its kind in the United States. The event was planned by a Yale SOM student group in collaboration with the school’s International Center for Finance.

Competing teams will be challenged to devise a strategy to help a hypothetical university lower the carbon intensity of its investment portfolio – and in so doing help address the risks of climate change on the university’s endowment and society as a whole. Continue reading…

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David Petraeus Speaks to Veteran MBA Students at USC Marshall School of Business

david petraeurRetired four-star general and former CIA Director David Petraeus spoke to students in the Master of Business for Veterans (MBV) program at the USC Marshall School of Business late last week, sharing his views on strategic leadership at is applies to business.

Fifty active-duty military members and veterans make up Marshall’s one-year MBV program, now in its second year. The MBV program caters to current and former military who want to build foundational management skills while also learning how to transfer the management and leadership experience gained through their service to the private sector. Continue reading…

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Demystifying the Mysterious World of Business School Rankings

DemystifyingMBAIG_finalWITH_LOGOIt’s not every day that MBA rankings end up trending on Facebook, and yet yesterday that’s exactly what happened. When Bloomberg BusinessWeek released its biennial ranking of full-time MBA programs, the results shocked many and created quite a buzz. According to Bloomberg BW’s most recent calculations, Duke’s Fuqua School of Business has stolen the number one spot, knocking Harvard Business School out of the top five for the first time in history.

Just how did Bloomberg BW decide which programs rose to the top and which fell from grace? As it turns out, the Martin J. Whitman School of Management at Syracuse University just a few weeks ago released an infographic that provides a clear and concise overview showcasing the rankings methodologies employed by five major publications: Bloomberg BW, along with U.S. News & World Report, the Financial Times, the Economist and Forbes.

Continue reading…

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Duke’s Fuqua School of Business Tops Latest Bloomberg BusinessWeek Ranking

fuquaDuke University’s Fuqua School of Business shot to the top of Bloomberg Businessweek’s biennial ranking of full-time MBA programs, released today, up from No. 6 two years ago. In the process, the North Carolina school unseated the reigning University of Chicago Booth School of Business and pushed Harvard Business School (HBS) out of the top five for the first time in the history of the rankings.

The formula Bloomberg BW employs to arrive at its rankings is as follows: 45 percent of the score is based on how recruiters rate MBA hires from the school, another 45 percent is determined by how graduating MBAs judge their program and the remaining 10 percent is based on faculty productivity, as measured by a tally of research published in leading journals. Continue reading…

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U.S. GMAT Percentile Scores Drop as Asia-Pacific Test Takers Dominate Quant Section

GMATIncreasing numbers of prospective business school applicants from Asia-Pacific countries such as India and China are taking the GMAT and outperforming U.S. students on the quantitative portion of the exam, according to a recent article in the Wall Street Journal. As a result, though U.S. students’ raw scores have remained consistent over the past several years, their percentile ranking has slipped as more higher-scoring international applicants take the exam.

The lower percentile rankings can seem to suggest that U.S. student aptitude is declining, GMAC CEO Sangeet Chowfla told the Journal. Ten years ago, a raw score of 48 on the quantitative section (for which scores typically range between 0 and 51) would have yielded a ranking in the 86th percentile, whereas today the same raw score places a test-taker in just the 74th percentile. Continue reading…

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