News, advice and resources for business school applicants

News

Keep up with the latest events and news on MBA programs, Part-Time and Executive Programs, and rankings.


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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Tracking R2 Acceptances at Stanford and Wharton on the MBA LiveWire

whartonThe past few days have been exciting for Round 2 MBA applicants, with many schools releasing decisions to anxious applicants! With all the news flowing out of admissions offices at top schools, our MBA LiveWire received more entries than ever before as applicants shared their admissions decisions with the community.

Let’s hone in on two schools in particular that released decisions this week: Stanford GSB and the Wharton School of Business. A closer look at the LiveWire data reveals how accomplished both the accepted and rejected candidates at Stanford and Wharton are. Accepted students at Wharton who entered their results on LiveWire had an average GPA of 3.7 and an average GMAT of 730. Rejected students had an average GPA of 3.5 and an average GMAT of 710. Meanwhile accepted LiveWire users at Stanford had an average GPA of 3.6 and average GMAT of 720, while rejected students had an average GPA of 3.5 and also had an average GMAT of 720. 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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Another Shake-Up in the Works for Bloomberg BusinessWeek’s MBA Rankings

bloombergbwWhen Duke’s Fuqua School of Business shot to the top of Bloomberg BusinessWeek’s 2014 rankings, Fuqua celebrated, but many others in the admissions world scratched their heads. How could a school ranked 22nd in student satisfaction kick long-standing, top-ranked schools to the curb? (FYI : Duke had only ever finished in BW’s top five once, 14 years ago, when it came in fifth.)

Amid widespread questions of credibility regarding the new methodology that led to the 2014 results, Bloomberg BW this week (March 16) emailed business school officials to say that it has plans for yet another overhaul of its rankings methodology and plans to publish a new ranking incorporating new and differently weighted core metrics next October. It also announced that beginning with the October publication, its MBA rankings will now be published annually, a major shift from the biennial schedule it has upheld since the BW rankings launched in 1988. Continue reading…

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Clear Admit Becomes All Content All the Time, Announces Plans to Expand Media Property

Clear Admit today announced plans to expand its presence as a leading source of high-quality content about MBA admissions and top-tier MBA programs through its digital media property, ClearAdmit.com, and its suite of digital publications. To focus exclusively on creating valuable content resources for graduate business school applicants, Clear Admit will exit the MBA admissions consulting space.

Founded in 2002 by Wharton graduates, Clear Admit.com has been recognized by Google, the Economist and leading industry associations like the Graduate Management Admissions Council (GMAC) for its superb coverage of MBA admissions and leading MBA programs.

Hundreds of thousands of prospective applicants have relied on Clear Admit digital content each admissions cycle to help them navigate the admission process. Throughout, Clear Admit has worked closely with leading business schools, including UVA’s Darden School, Cornell’s Johnson School, HEC Paris and Georgetown McDonough, among many others, to ensure that the information posted about MBA programs is accurate and timely. With this expanded focus on content, readers of Clear Admit’s website and publications should expect even greater depth and breadth in the coverage provided.
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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