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.

Harvard Business School Names New Innovation Lab Director

jodi-goldsteinIf Harvard Business School (HBS) is in your cross hairs, and if innovation and entrepreneurial pursuits are what rev you up, you may be interested to learn that Harvard’s innovation lab will soon have a new commander in chief. Jodi Goldstein, a long-time investor and entrepreneur, will become Harvard i-lab’s new Evans Family Foundation Managing Director beginning this June, responsible for leading the university-wide facility that brings students, faculty, alumni and the community together for team-based and other entrepreneurial activities.

Goldstein, who replaces outgoing Managing Director Gordon Jones, is no stranger the i-lab, Indeed, she’s been part of its management team since the lab’s 2011 launch, coming up with and implementing much of the top programming and resources it’s been able to offer. Just last year she spearheaded the Launch Lab, a business incubator for Harvard alumni, which is putting Allston, MA—where the i-lab is located—on the map as a solutions-centered hub swirling with interdisciplinary collaboration. Continue reading…

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New Director Reinvigorates UC Berkeley Business Startup Accelerator

haas skydeckA Haas alumna and entrepreneur who has led several startups of her own has taken over as executive director of SkyDeck, the startup accelerator at the UC Berkeley Haas School of Business, the school reported this month.

Caroline Winnett, MBA ’90, who served most recently as founder and CEO of a neuroscience-inspired marketing company called BrandNeuro, met with Dean Rich Lyons because she wanted to run an accelerator program at Berkeley-Haas. Voila. She got her wish, joining as executive director of SkyDeck in November 2014. Continue reading…

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Association of MBAs (AMBA) Director Predicts Future MBA Trends

ambaAn article in today’s Independent provided a glimpse into the future of the MBA degree as the director of a global MBA accrediting body shared his picks for the top five MBA trends of 2015. Andrew Main Wilson is CEO of the Association of MBAs (AMBA), described as an international impartial authority on postgraduate management education. In this role, he pays close attention to the ever evolving MBA. In the near future, he tells us to look for alternative funding sources for MBA studies, a wider range of specializations, more growth in entrepreneurialism, curriculum changes and flexible delivery and learning.

Citing the AMBA 2012 Salary Survey, Wilson notes that corporate sponsorship of the MBA has been and continues to fall, which has led to the development of new funding sources, such as crowd funding and peer-to-peer lending. These, he says, “are likely to increase in popularity – and are certainly going to become a trend in 2015.” Continue reading…

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150th Birthday Gift to Cornell’s Johnson School to Support Faculty Renewal, Strengthen Ties to College of Engineering

Cornell_University,_Ho_Plaza_and_Sage_Hall editedCornell University turns 150 this year, and to mark the occasion, an alumnus of both the Johnson Graduate School of Management and the College of Engineering, together with his wife, have made a gift to help support faculty renewal and enhanced collaboration between the business and engineering schools, Cornell announced this month.

The Eiko and Sudi Mariappa Sesquicentennial Fellowship, named for benefactors Sudi Marippa—who earned his Johnson MBA in 1986 after graduating from the College of Engineering with a BS in chemical engineering in 1982—and his wife, is designed to draw talented academics to Cornell to serve as both teachers and mentors. Continue reading…

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USC Marshall School of Business Draws Google, Amazon Studios to Annual Evolution of Entertainment Conference

usc marshall editedA student-led club at the University of Southern California (USC) Marshall School of Business will draw executives from Google, Amazon Studios, Electronic Arts and others to its 7th annual Evolution of Entertainment (E2) Conference later this month, the school announced.

The conference, hosted by MBA student group Business of Entertainment Association, will take place on Friday, February 27th. This year’s topic, “Convergence: Mobile, Media and Technology,” will focus on the overlap of media, technology and entertainment across all platforms. Corporate sponsors this year include Entertainment Arts, OnPrem, Warner Bros., SanDisk and Deloitte Digital. Continue reading…

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UPenn’s Wharton School Debuts New Online Business Foundations Series, Associated MBA Scholarship

wharton onlineThe University of Pennsylvania’s Wharton School has expanded its online offerings of foundational MBA courses to now include a Business Foundations Specialization series that adds a capstone project in which participants can apply what they learn to help solve real-world business issues, the school announced last week. And in another new twist, Wharton will invite top performers in the online series to apply to one of the school’s graduate programs, waiving the application fee, and will award up to five $20,000 scholarships to applicants who are admitted.

As with the initial four courses in Wharton’s Foundation Series – Accounting, Finance, Marketing and Operations Management – the new Capstone Project component is available through online education platform Coursera. Wharton was one of the first leading business schools to present the building blocks of its MBA curriculum in online form to a world audience. Continue reading…

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Prodigy Finance Offers No Co-Signer Loans, Helping Solve Funding Challenges Facing MBAs Studying Abroad

prodigy financeStudying outside of the country of your nationality or residence can present many benefits to prospective MBA applicants. See the world, improve language skills, expand horizons, learn first-hand how increasingly global the business world has become. And yet, one major hurdle can sometimes prevent ambitious, talented prospective MBA applicants from pursuing their education abroad. That pesky little detail of funding.

Traditional banks are reluctant to lend across borders because tracking and enforcement of those loans suddenly becomes more difficult. Many U.S. banks, for example, won’t lend to foreign students without a U.S. co-signer, someone local the banks can go after to recoup their debt if the borrower fails to repay. Continue reading…

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Wharton Round 2 Applicants Await Interview Invitations

whartonTomorrow’s the day. If you applied to the University of Pennsylvania’s Wharton School as part of Round 2, you will very likely be checking your email repeatedly in hopes that an invitation to interview lands in your inbox. Good luck!

Wharton uses the Team-Based Discussion (TBD) format for interviews, as it has for the past few years. In terms of logistics, those invited to interview tomorrow can choose from a range of locations around the globe, including Wharton’s campus in Philadelphia, as well as San Francisco, London, Dubai, Mumbai, Shanghai, Sao Paulo, Seoul, Singapore and Tokyo. Each TBD will include five or six applicants grouped by the order in which they sign up for various locations. And interviews will take place beginning in late February. Continue reading…

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Johnson Graduate School of Management Upends Its Curriculum

JohnsonlogowebAs some leading business schools prepare to welcome new deans – Darden and Tuck spring to mind – others are choosing to revamp their MBA curriculum. The University of Pennsylvania’s Wharton School, Harvard Business School and Northwestern’s Kellogg School of Management have all recast their core course offerings in recent years, and now the Samuel Curtis Johnson Graduate School of Management at Cornell University is getting in on the curriculum overhaul action.

Johnson recently went public with its redesigned curriculum, providing an overview of its main features as part of a press release earlier this month. Now in full roll-out mode to the Class of 2016, the changes are designed to place greater emphasis on collaboration, leadership and analytical skills, which the school hopes will better prepare students for today’s technology-driven global business world. Continue reading…

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Take the 2015 MBA Applicant Survey For Your Chance to Win $500!

aigacThe Association of International Graduate Admissions Consultants (AIGAC), of which Clear Admit is a member, has just released the 2015 MBA Applicant Survey. If you respond by the end of February, you will be eligible to enter a drawing for a $500 cash reward. The cash prize will be sent by PayPal. The survey takes 10 to 15 minutes to complete, and your responses will be kept confidential. Continue reading…

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NYU Stern School of Business Woos Top College Seniors with Generous MBA Scholarship

300px-NYU_SternThough many leading business schools prefer MBA applicants who have acquired at least a few years of work experience after college, NYU Stern School of Business features a special scholarship designed specifically for exceptional college seniors who seek to pursue a full-time MBA immediately after graduation.

The William R. Berkley Scholarship Program, established in 2013, covers the full two-year tuition and fees for NYU Stern’s full-time MBA program. It also provides a housing stipend of $18,000/year and an additional $10,000/year stipend for books and other expenses. Successful entrepreneur William R. Berkley (BS 1966) created the program that bears his name with a $10 million donation. He pursued his MBA at Harvard Business School immediately after graduating from Stern and wanted to provide similar opportunities for other aspiring young students like himself. Continue reading…

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