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.

Yale School of Management Reports Record-Setting Diversity of Class of 2016

yale_2016As leading MBA programs welcome students from the Class of 2016 to campus, many have been eager to share just how diverse those classes are. Earlier this week we reported on Georgetown University’s McDonough School of Business, and today it’s Yale School of Management’s (SOM) turn.

In a post to Yale SOM’s MBA Blog earlier this month, Yale SOM Assistant Dean and Director of Admissions Director Bruce Delmonico shared that its incoming class is among the most diverse in the school’s history. “Thirty-nine percent of the class is from outside the United States, representing 35 different countries, while 37 percent are women, 25 percent U.S. minorities and 13 percent U.S. underrepresented minorities,” he wrote. “All of these numbers are at or near historic highs for the school,” he added. Continue reading…

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Harvard Business School Admissions Director on GMAT vs. GRE

dee_leopoldHarvard Business School (HBS) has stated publicly for some time that it accepts both the GMAT and the GRE and does not prefer one over the other. In a bid to be even more transparent on the issue, HBS Admissions Director Dee Leopold devoted a recent post on her Director’s Blog to the matter.

To substantiate the claim that the school is agnostic in terms of a preference between the two tests, Leopold chose to reveal exactly how many applicants submitted each type of test score, along with how many of those applicants were ultimately admitted and matriculated. While the vast majority of applicants opted to submit GMAT scores, the percentage of matriculating admits as compared to total applicants broken out by test were within close range. Continue reading…

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Georgetown’s McDonough School of Business Reports Strongest, Most Diverse MBA Class to Date

georgetown mcdonough editedThe full-time MBA class entering this fall at Georgetown University’s McDonough School of Business boasts higher test scores and greater diversity than any incoming class in the school’s history, the school announced this week.

“The MBA Class of 2016 is impressive,” Shari Hubert, McDonough associate dean and director of MBA admissions, said in a statement. “In addition to having the highest average GMAT score of an incoming class at our school, they represent diversity of cultures, gender, ethnicity and industry that enriches our student experience by bringing a variety of viewpoints and experiences to our classrooms and the program,” she continued. Continue reading…

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Ice Bucket Challenge Continues Its Ripple Through Top Business Schools

CBS ice bucketIt started last week with one section challenging another at Duke’s Fuqua School of Business, ultimately leading to a school-wide dousing and a challenge issued to rival schools UNC Kenan-Flagler School, the University of Pennsylvania’s Wharton School and UVA’s Darden School. And the ice-cold water just keeps flowing (as do the donations).

The challenge, of course, is the ALS Ice Bucket Challenge that began going viral in late July and has amassed an incredible $79.7 million in donations to date (as compared to just $2.5 million during the same time period last year [July 29th to August 25th]). The ALS Association reports that it has gained 1.7 million new donors along the way.

Those who are challenged are supposed to have ice water dumped over their heads and then challenge others to do the same—or to make a donation to fight ALS—within 24 hours. In taking up the mantle, business school classes have called upon their peers to both endure the icy shower AND donate. Continue reading…

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Financial Aid at Harvard Business School, Straight from the Admissions Director

300px-Aerial_of_the_Harvard_Business_School_campusNEWS FLASH: Business school, especially at top schools, costs a ton. Okay, so that’s not really news. More notable is the fact that top schools want to make the MBA affordable, at least according to the most recent post on the Director’s Blog at Harvard Business School (HBS).

Earlier this week, HBS Admissions Director Dee Leopold devoted a post on her blog to the topic of financial aid, noting that HBS last year awarded $26 million in need-based financial aid and has plans to increase that amount for the Class of 2017. Continue reading…

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Business School Students Accept ALS Ice Bucket Challenge, Pass It On

oprah ice bucketWith the likes of Bill Gates, Oprah Winfrey and former President George W. Bush pouring buckets of ice over their heads in support of ALS awareness, surely top business schools are getting in on the action as well, right?

At Duke’s Fuqua School of Business, it began with one section (Section 4) challenging another (Section 5). That section upped the ante, challenging the entire rest of the class, as well as all of Fuqua’s MMS Cross Continent students. So on August 13th, Team Fuqua did the #ALSIceBucketChallenge as one. Continue reading…

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Student-Run Program at Tuck School of Business Makes Getting to Wall Street Easier

tuckA new student-run program at Dartmouth’s Tuck School of Business seeks to help incoming students from underrepresented groups who are interested in financial services by providing career mentorship and preparation beginning even before they arrive on campus.

Called Wall Street Edge (WSE), the program was the brainchild of a recent graduate who himself received invaluable support from across Tuck that helped him meet his goal of working on Wall Street.

“Paying it forward like that is ingrained in the Tuck psyche,” Deirdre C. O’Donnell, associate director for Tuck’s Career Development Office and the WSE adviser, said in an article about the new program on the Tuck website. “It is invaluable for students to explore their options before getting to school, when there will no longer be enough hours in the day.” Continue reading…

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Student-Led Program at UPenn’s Wharton School Focuses on Introspection

whartonTen students at the University of Pennsylvania’s Wharton School have helped create a program designed to help encourage MBAs to make time amid their studies to examine what they value in their personal and professional lives.

Called “Purpose, Passion and Principles” – or the P3 program for short – the student-led initiative debuted last fall after roughly a year of development. Participants take part in nine small-group discussions held once a week, in which one student serves as a facilitator. The student facilitator directs the conversation and helps create a safe environment in which students explore topics ranging from reflections on meaningful past life experiences to what success means to them to visions of their ideal future lives. Continue reading…

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Cambridge Judge Business School Staff Obtain Social Media Driving Licenses

Gates_Judge_Business_School_Cambridge_England_-_IMG_0706Staff at the Cambridge Judge Business School recently completed an innovative course designed to educate them in all aspects of social media. Thirty participants now have Social Media Driving Licenses demonstrating their proficiency, the school announced.

The inaugural Social Media Driving License (SMDL) course took place over eight consecutive weeks between May and July 2014. Thirty participating staff members took part in a combination of classroom and online exercises providing a comprehensive introduction to social media, including its professional application, value, scope and limits. Continue reading…

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Yale Entrepreneurial Institute Hosts Demo Day for Student Entrepreneurs

yalesomEntrepreneurs developing startup ventures got to pitch their ideas as part of the Yale Entrepreneurial Institute (YEI) Demo Day late last month, part of a host of events and programming supporting entrepreneurial studies at the Yale School of Management.

At Demo Day, YEI’s managing director Jim Boyle noted that the YEI Fellowship Program – a 10-week summer program that provides funding and support to startup teams from across the university to develop their ventures – has grown dramatically since it launched in 2007. Teams raised $600,000 to fund their ventures in the program’s first year, compared to $104 million raised by fellows in 2014. Continue reading…

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MBA Recruiting Now Starts Before Classes at Many Top Business Schools

First-year students at Dartmouth’s Tuck School of Business are gathering this week in San Francisco for a tour of area tech firms, UVA’s Darden School is conducting “career kickoff” meetings with two-thirds of its incoming first-year class and the University of Michigan’s Ross School of Business has added four days of career services programming to its orientation—and this is all taking place before those MBA students attend a single class.

A recent article in the Wall Street Journal highlights these instances as evidence of several shifts in business education, including that recruiters are eager to meet with future talent earlier than ever before, MBA students have a growing interest in tech careers and traditional on-campus MBA recruiting is no longer sufficient. Continue reading…

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