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 Admissions Gears Up for J-Term Applications

300px-Columbia_University_01While Columbia Business School (CBS) admissions is still busy reviewing applications for students hoping to secure a spot for fall 2015, it is also preparing for applicants to the January Accelerated (J-Term) program, which provides an innovative opportunity for candidates whose career goals don’t require a summer internship.

Columbia’s J-Term condenses the entire academic program of the two-year MBA into 16 months. Beginning in January, candidates study straight through the summer, foregoing the summer internship that is part of the traditional two-year MBA. For those who can achieve their career goals without a summer internship—entrepreneurs or those who plan to return to a family business, for example—the J-Term’s condensed schedule presents a significantly lower opportunity cost than the two-year MBA. Continue reading…

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Leading Admissions Consultants Converge in France, England for AIGAC Annual Conference

aigacLeading graduate management admissions consultants are gathering this week in Europe for the eighth annual Association of International Graduate Admissions Consultants (AIGAC) members’ conference, where they will share best practices and speak directly with admissions officers from many of the world’s top business school.

Almost 30 attendees representing admissions consultancies from 12 different countries are scheduled to attend the seven-day conference, which takes places at London Business School (LBS) and includes visits to INSEAD, HEC Paris and Cambridge Judge Business School.  Continue reading…

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Economist, GMAT Tutor Launch $25,000 Scholarship Competition for MBA, EMBA Applicants

econonmist_gmat tutorThe Economist and test prep firm GMAT Tutor have once again partnered to offer a $25,000 scholarship to the prospective MBA or EMBA student who scores highest on a simulated GMAT exam. Called the Brightest Minds MBA Scholarship Contest, the competition is open to prospective MBA or EMBA students anywhere in the world. The first competition ran in 2014, drawing more than 4,500 entrants, The Economist reported.

To take part in the contest, applicants simply complete The Economist GMAT Tutor simulation test, which uses adaptive technology similar to the real GMAT so that the difficulty level adjusts according to the test-taker’s ability. The simulation test requires the completion of a 75-minute Verbal section and a 75-minute Quant section. Participants should have the available time to complete the test in a single sitting and will not be able to pause once they begin. Continue reading…

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UVA’s Darden School of Business Launches New Asia Initiative

uvadardenThe University of Virginia’s Darden School of Business earlier this month announced its strategic Asia Initiative at Darden, part of the school’s continuing investment in globalization.

One of the initiative’s main objectives will be to advance the understanding of the dynamics of Asian markets as a critical component of business education. Through its expanded engagement in Asia, the school also hopes to enhance its expertise and resources in the region, facilitate greater collaboration and new partnerships and improve communication between faculty, students and alumni from Darden with business leaders and policymakers in Asia. Continue reading…

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Cornell’s Johnson Graduate School of Management Welcomes New Admissions Director

Judi-Byers-2The S.C. Johnson Graduate School of Management has named a new executive director of admissions and financial aid and further strengthened the admissions office with several other new hires, the school announced this week. The reinvigorated admissions team complements a recent re-launch of the school’s two-year MBA curriculum, Johnson reports.

Judi Byers, formerly admissions director at American University’s Kogod School of Business in Washington, DC, brings more than 10 years of admissions experience to her new role at Johnson. She joined Kogod, where she received her undergraduate degree in business, in 2004 as a marketing admissions coordinator, advancing to lead the admissions team by 2013. Continue reading…

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UPenn’s Wharton School Announces New Partnership for Student-Led Impact Investing

wsvf_largeStudents at the University of Pennsylvania’s Wharton School will have new opportunities to gain hands-on experience with impact investment thanks to a innovative partnership with an online crowdfunding platform and an investment firm founded by Wharton MBAs, the school announced earlier this month.

The Wharton Social Impact Initiative (WSII), which coordinates the school’s social impact activities, research and opportunities, has partnered with equity-based online crowdfunding platform OurCrowd and investment firm Locust Walk Impact Partners to create what the school touts as the “largest and most active student-run impact investing fund in the world.” The new collaboration greatly expands the student-run Wharton Social Venture Fund (WSVF), which is operated under the WSII. Continue reading…

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SXSW Conference Spotlights Business School Students’ Embrace of Design

sxsw logoStudent-led design clubs can be found at 70 percent of the top-ranked MBA programs both in the United States and globally, an indicator that MBA students are embracing design wholeheartedly as part of their general management education, according to a presentation yesterday at the SXSW Conference in Austin. The presentation, entitled “Design in Tech,” was delivered by John Maeda, former president of the Rhode Island School of Design who last year joined Kleiner Perkins Caufield & Byers (KPCB) as its first “Design Partner.”

As part of the presentation, Maeda provided a data-driven examination of the intersection of design and technology. Reporting on the findings of his inaugural “Design and Technology Trends Report,” Maeda highlighted the rising importance of design in the entrepreneurial ecosystem, noting the acquisition of design firms by tech companies like Facebook and Google, as well as the trend toward venture capitalists funding startups that have designers as co-founders. Continue reading…

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Yale School of Management Announces New LGBT Scholarship

reaching outClass of 2017 students at the Yale School of Management who demonstrate both strong academic skills and a capacity for leadership within the lesbian, gay, bisexual transgender and queer (LBGT) community will now be eligible for a new scholarship opportunity, the school announced this week. Through its partnership with Reaching Out MBA, a nonprofit dedicated to empowering LBGT MBA students, Yale SOM will award two Reaching Out LGBT MBA Fellowships to incoming Yale SOM students.  

Recipients of the fellowships will receive a minimum of $10,000 in scholarship aid for each academic year, as well as access to a range of Reaching Out programming, mentoring and leadership opportunities, including some developed especially for the Fellows. Continue reading…

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Stanford GSB Edges Out HBS, Wharton in 2016 U.S. News & World Report Rankings

stanfordStanford’s Graduate School of Business took the number one spot in the latest U.S. News & World Report rankings of the nation’s best MBA programs, released yesterday, knocking Harvard Business School (HBS) to second and the University of Pennsylvania’s Wharton School to third. Last year, the three powerhouse schools tied for first place, but slight differences on core metrics caused HBS and Wharton to slip this year.

U.S. News uses multiple core measurements to compile its rankings, with the greatest weight given to quality assessments by deans and MBA directors at peer schools and corporate recruiter survey scores. Wharton’s scores slipped in both these regards, as well as in average pay for its MBA graduates, precipitating its drop this year in the rankings. Continue reading…

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UPenn’s Wharton School Names Insider as New Director of MBA Admissions

frank devecchisThe University of Pennsylvania’s Wharton School has named a new director of admissions, the school announced to students last week. Frank DeVecchis will work closely with existing Deputy Vice Dean of Wharton MBA Admissions, Financial Aid and Career Services Maryellen Reilly Lamb to oversee the entire application process, from recruitment through matriculation.

DeVecchis knows the Wharton MBA program like few others. He joins the Admissions team from Wharton’s MBA Program Office, where he served most recently as director of MBA Academic Operations. In this role, he led all operations and daily management of the MBA program, including successfully implementing Wharton’s new Course Match course registration program. He also advised more than 800 students during his tenure as the senior member of the MBA academic advising team and helped plan and implement Wharton’s three-week orientation for incoming students. Continue reading…

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Who Makes a Good Applicant to Cornell’s Johnson Graduate School of Management?

eddie_asbieWith the Round 3 deadline for applications to the Samuel Curtis Johnson Graduate School of Management at Cornell University just a few days away, are you busy putting the finishing touches on your application? Maybe you are just beginning to consider applying in the year ahead. In either case, if Johnson at Cornell is on your radar, read on to learn more about just what the school is looking for in its applicants.

We recently spoke with Eddie Asbie, Associate Director of Admissions and Financial Aid, who joined Johnson in 2013 to help develop the Two-year MBA in Ithaca class. In our interview, Asbie took time to share some of what makes a good applicant in the eyes of the Johnson Admissions Committee, beyond the obvious solid entrance exam scores and strong academics that are par for the course with a top-tier Ivy League school. Continue reading…

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