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Mary Miller (Columbia)

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Be as prepared as possible for your MBA interviews this season with the Clear Admit Interview Guides! School-specific sample questions and in-depth strategy, campus visit details and places to stay.

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Below are links to our comments on some of the top programs' essay topics.
The Career Goals Essay
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Business School Resources
The following are business resources offered by a variety of leading Business Schools. It's useful to subscribe to these resources, especially for the schools to which you are applying.

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CATEGORY - SCHOOL: HARVARD

Wednesday, March 17, 2010

‘March Interview Madness:’ Submit a Report for Columbia Business School, Cornell / Johnson, Harvard Business School or Stanford GSB to Win an Amazon.com Gift Card!

Welcome back to another edition of Wiki Wednesdays, in which we highlight some of the latest interview reports added to the Clear Admit Wiki, an online repository for MBA applicants to share their experiences with admissions interviews.  We’ve received a number of great interview reports this past week, namely for: Duke / Fuqua, Georgetown / McDonough, Michigan / Ross, Northwestern / Kellogg, UT / McCombs, UVA / Darden and Wharton. We’d like to thank everyone for continuing to share their experiences in the Clear Admit Wiki!

Let’s take look at a couple of the newest reports before digging into contest details.  A Round 2 candidate for Northwestern / Kellogg shared the following questions from an interview with an alumna:

1. Tell me about your passion(s) outside of the professional or education realms (e.g., extracurricular pursuit).
2. What was your single greatest professional accomplishment?
3. What do you do for fun?
4. Tell me about a time when your communication with a colleague was a catalyst to achieve a team goal.
5. What are the 3 most important attributes of a successful leader? How do you rate yourself in each of these attributes?
6. Who do you admire as a leader?
7. What is the most challenging part of your job (current or previous)?

A Round 2 applicant to Wharton shared the following questions, as posed by an alumnus:

1. Which other schools have you applied to?
2. Tell me some leadership experience.
3. Tell me a time when things did not work out in a project.
4. Tell me a time when you were not in the leadership role.

Thank you to everyone who has shared their interview experiences this season and helped fellow applicants!  If you’re eager to contribute, we’ll be awarding a $10 Amazon gift certificate to applicants that submit interview reports for Columbia Business School, Cornell / Johnson, Harvard Business School or Stanford GSB through next Tuesday, March 23rd!  All you have to do is send us your interview field report for the selected schools for inclusion in the Wiki and we’ll send you a $10 Amazon gift certificate.   You must send your interview report to wiki@clearadmit.com to be eligible; we’ll post it to the Wiki and notify the winners by e-mail (Limit: one gift card per person).

The most helpful and informative reports usually include the following information:

1. Date/Admissions Round
2. Description of visit and/or interview atmosphere
3. Type of interview (alum vs. adcom, blind vs. application-based)
4. List of interview questions
5. Commentary (What did you think of the interview? What surprised you? What didn’t surprise you? What might you conclude about the school based on this experience?)

Applicants who would like to supplement the information available on the Wiki can check out our Clear Admit Interview Guides, which provide school-specific insight about admissions interviews.  Best of luck to those wrapping up the admissions season with interviews!

1 Comment »

# posted by Clear Admit @ 2:28 pm in School: Columbia, School: Cornell / Johnson, School: Harvard, School: Stanford, Wiki Wednesdays

Tuesday, March 16, 2010

Trivia Tuesday: Healthcare Management Studies at Wharton, Duke/Fuqua, Columbia, Harvard and Kellogg

Welcome back to Trivia Tuesday, our regular examination of the offerings and opportunities at the leading business schools.

Today we turn our attention to options for studying healthcare in business school, with a particular emphasis on Wharton’s Health Care Management Major and Duke’s Health Sector Management Program, the two oldest and best known healthcare programs among U.S. business schools.

Wharton’s major draws its faculty from the business, medical and nursing schools, as well as from practicing healthcare professionals, ensuring an interdisciplinary approach to the issues in the field. The Health Care Management major differs from other majors at Wharton in that students must choose the major in their initial application to the school instead of in their second year. Health Care Management further differs in that it aggressively integrates professional development and field work into the major.

For instance, all Health Care majors are required to complete a Field Application Project (FAP). In the FAP, teams of students spend a semester working with an industry partner to solve real world problems in the healthcare field. Given the amount of time these projects can take, students must work carefully to balance classes around the demands of their projects.

At Fuqua, students enter the HSM program from a variety of backgrounds; though the program does not require prior health sector experience, it does look for a strong commitment to the healthcare field among all participants. As with Wharton’s Health Care Management major, application to Fuqua’s HSM program is through the MBA admissions process, with HSM applicants asked to indicate their interest in pursuing the HSM Certificate in a special section of the application.

Once enrolled, Duke HSM students spend the first year completing the standard core curriculum before beginning the coursework that leads to the HSM Certificate. To earn the Certificate, HSM students take three HSM core courses and three healthcare electives. All six HSM courses count as elective credits towards the MBA degree requirements. This is a slightly heavier courseload than required by Wharton’s healthcare program, which asks students to complete two foundations courses and three healthcare electives.

Despite the prominence of the Wharton and Duke programs, they are far from the only option for MBA applicants seeking a career in healthcare. For instance, Columbia now offers the Health Care and Pharmaceutical Management program, Kellogg offers a major in Health Industry Management, and HBS hosts the Healthcare Initiative. Those business schools that do not offer formal healthcare concentrations tend to have a student club and/or a student-organized conference dedicated to supporting interest in the field, so regardless of the program, healthcare minded applicants should find plenty of resources.

For more on healthcare options, majors, student clubs or conferences, be sure to check out the Clear Admit School Guides.

For those who are interested in pursuing a career in healthcare and want to learn more about the different programs and opportunities available at each school, check out the Clear Admit Career Guide: Healthcare.

0 Comments »

# posted by Clear Admit @ 2:00 am in Career Guides, School Guides, School: Columbia, School: Duke / Fuqua, School: Harvard, School: Northwestern / Kellogg, School: Penn / Wharton, Trivia Tuesday

Friday, March 12, 2010

HBS Admissions Director Advises College Seniors to Consider Applying in Round 3

In a post to her blog yesterday, Harvard Business School (HBS) Admissions Director Dee Leopold gave college seniors some food for thought. “If you are a college senior who wants to go to HBS – but not right away – then applying in Round 3 could be a smart choice,” she wrote.

She then ticked off a list of interesting reasons why it might make sense. For starters, successful applicants will gain deferred admission, which means they will have a guaranteed spot in the class of 2014 after completing two years in the workforce. Second, HBS does not have a target or cap on the number of deferred admit spots it offers. “Last year 43 college seniors were offered deferred admission,” Leopold wrote.

From a purely pragmatic standpoint, there are also a couple of additional reasons for college seniors to consider applying in Round 3, Leopold added. One is a cheaper application fee. Currently enrolled college seniors enjoy a reduced application fee of $100. It also might make sense to take the GMAT/GRE while you’re in college and still in test-taking mode, Leopold offered. GMAT/GRE scores are good for five years, after all.

According to Leopold, there is “no downside” to applying in Round 3 if you are college senior thinking of HBS for a future date. “If you aren’t admitted, apply again in a couple of years – lots of denied college seniors are successful in the future,” she advised.

The Round 3 application deadline for HBS is April 8, 2010. For more information, click here.

0 Comments »

# posted by Clear Admit @ 1:00 pm in Admissions Tips, Deadlines, MBA News, School: Harvard

Wednesday, March 10, 2010

‘March Interview Madness:’ Submit a Report for Columbia Business School, Harvard Business School, INSEAD, NYU / Stern or Wharton to Win an Amazon.com Gift Card!

Welcome to Wiki Wednesdays, in which we pull samples from the latest interview reports added to the Clear Admit Wiki, an online repository for MBA applicants to share their experiences with admissions interviews.  We’ve received a number of great interview reports this past week, namely for: INSEAD, Northwestern / Kellogg, London Business School, UVA / Darden and Yale School of Management. We’d like to thank everyone for continuing to share their experiences in the Clear Admit Wiki!

Before getting into contest details, let’s take look at a couple of the newest reports.  An accepted applicant to INSEAD shared the following questions from an alumnus:

1. Why entrepreneurship?  Do you think INSEAD will make an entrepreneur out of you?
2. Is [your] wife ready to move from US to France?
3. Why did [you] join [your] current company? Why US, Singapore and India?
4. [Describe your] proposed venture – its business model, how to raise capital, its market segment, how much energy, what kind of source for energy.
5. Why INSEAD? Why not some other school, like MIT or Kennedy School if [you] want to work in alternate energy?

A Round 2 applicant to London Business School shared the following questions, as posed by an alumnus:

1. Imagine the world without an MBA. What would you do?
2. If you can achieve your goals without an MBA why do you want to get an MBA?
3. How would you contribute to your study group at LBS from a professional point of view?
4. What will be your personal development after arriving at LBS?
5. Imagine that some people in your study group are not contributing enough and your talk to them didn’t help. What would you do next? How would you handle it? How would you feel?

Thank you to everyone who has shared their interview experiences this season and helped fellow applicants!  If you’re eager to contribute, we’ll be awarding a $10 Amazon gift certificate to applicants that submit interview reports for Columbia Business School, Harvard Business School, INSEAD, NYU / Stern or Wharton through next Tuesday, March 16th!  In other words, all you have to do is send us your interview field report for the selected schools for inclusion in the Wiki and we’ll send you a $10 Amazon gift certificate.   You must send your interview report to wiki@clearadmit.com to be eligible; we’ll post it to the Wiki and notify the winners by e-mail (Limit: one gift card per person).

The most helpful and informative reports usually include the following information:

1. Date/Admissions Round
2. Description of visit and/or interview atmosphere
3. Type of interview (alum vs. adcom, blind vs. application-based)
4. List of interview questions
5. Commentary (What did you think of the interview? What surprised you? What didn’t surprise you? What might you conclude about the school based on this experience?)

Applicants who would like to supplement the information available on the Wiki can check out our Clear Admit Interview Guides, which provide school-specific insight about admissions interviews.  Thank you to everyone who has contributed to the Clear Admit Wiki and helped fellow applicants prepare for MBA admissions interviews this season!

0 Comments »

# posted by Clear Admit @ 3:19 pm in School: Columbia, School: Harvard, School: INSEAD, School: NYU Stern, School: Penn / Wharton, Wiki Wednesdays

Tuesday, March 02, 2010

Harvard Business School 2+2 Program Essay Questions Posted

Harvard Business School (HBS) Director of Admissions Dee Leopold announced yesterday that HBS has posted the essay questions for the upcoming application season of its 2+2 Program, its deferred admissions program for promising college students. Or rather, she revealed that the essay questions this year are the same as last year’s.

“Before we get to being creative and tinkering with them, we decided to have three years of the same questions so we can do a little bit of longitudinal analysis about the responses,” Leopold wrote. 

For those who aren’t familiar with it, HBS’s 2+2 Program debuted in 2008 and is designed to target promising college students for whom the more traditional timeline of business school – which often involves five or more years of work before applying – might be a deterrent. Candidates for the 2+2 Program apply in their junior year of college. If admitted, they then complete two years of approved work experience before enrolling in the two-year HBS MBA program, where a slot will have been reserved for them.

The essay questions for the upcoming application season are as follow:

Required Questions
• What are your three most substantial accomplishments and why do you view them as such? (600-word limit)
• What would you like us to know about your undergraduate academic experience? (400-word limit)
• What have you learned from a mistake? (400-word limit)

Please also respond to one of the following (400-word limit each):
1. Discuss how you have engaged with a community or organization.
2. What area of the world are you most curious about and why?
3. What is your career vision and why is this choice meaningful to you?

The deadline for submitting applications to HBS’s 2+2 Program is June 15, 2010, and candidates will be notified of their admissions status in September. To learn more, click here.

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# posted by Clear Admit @ 1:00 pm in Deadlines, Essay Topics, MBA News, School: Harvard

Thursday, February 25, 2010

Campus Chronicles: The Harbus

Welcome back to Campus Chronicles!  This week we’ll take a look at HBS’s student newspaper, The Harbus, to see what’s been going on at the Harvard campus for b-school students.

Harvard’s first “J-Term” ran from January 4 to January 22, giving HBS students the choice to enroll in an intensive seminar, join an Immersion Experience Program (IXP) trip, or take on an “independent opportunity,” an academic-based project or trip designed by an individual student.  One student took a “winternship,” i.e. a winter internship, at RRE Ventures, an emerging New York venture capital firm focused on technology.  During the course of his three weeks at RRE, this student had the chance to observe pitches, evaluate deals, meet with portfolio companies, and represent RRE at industry events.

The IXP offers first- and second-year students a chance to gain field-based learning experiences in one of three domestic locations – New Orleans, Silicon Valley, and Boston – or six international destinations – China, India, Peru, Rwanda, UAE/Bahrain and Vietnam.  Approximately 400 HBS students enrolled in the IXP during J-Term 2010.

The IXP in New Orleans focused on re-building homes in parts of New Orleans where people are still recovering from the effects of Hurricane Katrina.  Meanwhile, students worked with mission Schools International in Rwanda and consulted with 12 start-ups in Ho Chi Minh City, Vietnam.  The IXP in UAE/Bahrain included a visit to Mubadala, Abu Dhabi’s strategic investment company, and consulting with local entrepreneurs on a variety of issues, while the IXP in Peru offered students the chance to learn about Lima’s industries, conduct a field study on local businesses in Cusco, and experience Machu Picchu and the Peruvian rainforests.  Students who took the IXP in China offered trips to Google China and Chinese flagship companies, such as Lenovo, SMIC, and Wanxiang Auto Parts, as well as JWT, a global marketing communications agency.

What IXP at HBS would you want to take?  Feel free to share your thoughts below!

2 Comments »

# posted by Clear Admit @ 2:09 am in Campus Chronicles, School: Harvard

Tuesday, February 23, 2010

Trivia Tuesday: The Entrepreneurship Initiative at Harvard Business School

It’s time again for another edition of Trivia Tuesday, our weekly examination of the programs and opportunities that differentiate the leading MBA programs.  This week we take a peek into the Clear Admit School Guide to Harvard Business School, and share an excerpt on HBS’s Entrepreneurship Initiative.

“Harvard offers students an array of opportunities to study entrepreneurship. In addition to analyzing cases on start-up enterprises across the RC curriculum, all RC students take the Entrepreneurial Manager course. In their second year, students may choose from the 18 courses and field study opportunities offered on the topic.

Over 30 of the school’s faculty members are part of the Entrepreneurial Management Unit, and more than 40 other faculty members conduct research in the area. Harvard launched the California Research Center in Menlo Park in 1997 to serve as a resource for faculty members investigating business issues in Silicon Valley.  Research conducted from this base has resulted in the composition of over 150 cases on technology and the management of and investment in start-ups.

In 2003, HBS launched the Arthur Rock Center of Entrepreneurship with the support of a $25M gift from an alumnus working in venture capital in Silicon Valley. The center oversees and supports many of the ongoing initiatives in entrepreneurship at HBS and also provides two summer fellowships to subsidize students who wish to pursue a summer internship at a small, entrepreneurial company.

HBS students can also put their classroom learning on entrepreneurship to use in the annual Business Plan Contest. Founded in 1997, the program features Traditional and Social Enterprise tracks and allows teams of students a chance to work with a faculty advisor to formulate a viable business plan proposal. Over $60,000 in cash and in-kind services are distributed among the winning team, three runners-up, and one specialty plan award winner.”

To continue reading about the Entrepreneurship Initiative at Harvard Business School, take a look at the Clear Admit School Guide to Harvard Business School.  For those who are interested in pursuing a career in entrepreneurship and want to learn more about the different programs and opportunities available at each school, check out the Clear Admit Career Guide: Entrepreneurship.

All Clear Admit publications are available for immediate purchase and download on the Clear Admit shop.

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# posted by Clear Admit @ 3:08 am in Career Guides, School Guides, School: Harvard, Trivia Tuesday

Tuesday, February 16, 2010

Trivia Tuesday: MBA and Master’s Joint Degree Programs

Welcome to another edition of Trivia Tuesday! Today we’ll consider the options available to students interested in complementing their MBA studies with an advanced degree in another academic area. Often referred to as either joint or dual degrees, most business schools partner with other graduate programs at their home universities to offer one or more of these joint study options. Dual degree programs differ from other certificate programs in that students earn two degrees – often an MBA and a Master’s. Although studying for a dual degree typically takes 3-5 years instead of the normal two years of the MBA, it is almost always faster than completing the degrees separately.

Let’s take a look at a few of the options for students seeking a Master’s degree in conjunction with their MBA, as well as the admissions requirements governing these degrees.

Like most leading MBA programs, Columbia Business School offers dual degree programs through which students earn another degree concurrently with their MBA (e.g., Master’s in International and Public Affairs, Master’s in Social Services). Applicants are required to apply to and receive admission to both programs and may apply to both programs simultaneously or to the second program if they are less than halfway through their studies at the first school.

Students in a dual degree program at Columbia register at one school per term and may take courses in either program in each term, as long as they meet each school’s course, residence, and sequencing requirements. CBS recommends that candidates complete the first two terms of the MBA program consecutively to maintain the integrity and full benefits of the cluster system.

Similar systems are in place at Chicago, which offers two joint MBA/MA programs, at HBS, which offers concurrent degrees with the Kennedy School of Government, and at Stanford, where there are joint MBA/MA options. A few business schools offer slightly different options for students interested in joint degree study. For instance, Kellogg does not offer a set list of MBA/MA programs, instead opting to allow students to create their own joint program through application to their two programs of interest. Meanwhile, although Tuck and Wharton offer dual degrees on their own campuses, each also teams up with other universities (including Tufts, the Kennedy School, and Johns Hopkins School of Advanced International Studies) to offer a more extensive list of dual degree programs.

While dual degree students make up a relatively small percentage of the overall MBA population, some admissions officers report that combination degrees are becoming increasingly popular as students seek to customize their educations and take advantage of the opportunity to earn two degrees in less time, and for less money, than if they pursued separate programs. For MBA applicants interested in applying their business education to fields such as public policy, education, social work, the environment, public health, international policy or another specialized field, a joint degree program can offer both the area expertise and business knowledge needed for a successful career.

To learn more about MBA/MA dual degree options, be sure to check out the Dual Degrees section of the Clear Admit School Guides!

1 Comment »

# posted by Clear Admit @ 1:56 am in School Guides, School: Chicago, School: Columbia, School: Dartmouth / Tuck, School: Harvard, School: Northwestern / Kellogg, School: Penn / Wharton, School: Stanford, Trivia Tuesday

Monday, February 15, 2010

Harvard Business School Round 2 Update

Harvard Business School (HBS) sent out roughly 800 interview invitations on Friday to round-two applicants and some waitlisted round-one applicants, according to HBS Admissions Director Dee Leopold.

Leopold shared this news in a post to her admissions director blog Friday morning, indicating that the invitations would be sent via email and would arrive before 5 p.m. EST. “We will make sure every invited candidate is contacted so don’t worry about missing our email,” she assured applicants.

The decision notification for HBS’s second round is still almost two months away – April 6th – and Leopold indicated that more interview invitations would follow in the weeks ahead. As to how many, she couldn’t provide specifics. “I don’t know for sure at this point – perhaps 50 or so,” she wrote.

As her team continues to review and re-review applications, they are also making some preliminary round-two waitlist decisions. So some applicants who don’t receive invitations to interview in this round still may be considered for spots on the waitlist. “I expect there will be approximately 100 round 2 candidates who will be invited to join the waitlist,” Leopold said.

Did you receive an HBS round-two interview invitation? If so, congratulations! Don’t forget to share your news on the Clear Admit Wiki. And check out our Clear Admit HBS Interview Guide for valuable information on what to expect from the interview process and how best to prepare.

And if you’re still waiting for an invite, keep up the faith! As Leopold indicated, there are still some invitations to go out. Good luck!

0 Comments »

# posted by Clear Admit @ 1:00 pm in Interview Guides, MBA News, School: Harvard

Thursday, February 04, 2010

Aspen Center for Business Education Launches the Oath Project

Together with three other partner organizations, the Aspen Center for Business Education (CBE) has launched the Oath Project, an initiative to support the individuals and organizations that have been working to promote the concept of a business professional oath similar to the Hippocratic oath that doctors take swearing to practice medicine ethically.

Aspen CBE is a division of the Aspen Institute, a nonprofit organization dedicated to fostering value-based leadership. Its partners in the Oath Project are the Association for Professional Business Managers, MBA Oath and the World Economic Forum for Young Global Leaders. Together, these four organizations have launched a website, TheOathProject.org, to communicate the initiative’s objectives and milestones.

The release from Aspen CBE announcing the new project’s launch noted that the idea of creating a business oath is not a new one. The creation of MBA programs in the United States grew in part out of a desire to “professionalize” the practice of management, and several schools have instituted their own oaths at various times.

Amid the recent economic crisis, management education has come under fire from some critics, and the idea of a global MBA oath has gained new life. Two Harvard professors suggested a draft oath in a November 2008 article in the Harvard Business Review, and World Economic Forum Executive Director Klaus Schwab devoted a special session during the January 2009 forum to begin the process of creating a global business oath.

Then, in May 2009, a grassroots movement led by students at Harvard Business School created the MBA Oath, which was signed by more than half of the HBS graduating class of 2009. According to the Aspen CBE release, 1,000 other business school students from MBA programs around the world also opted to take the oath last spring, and as many as a dozen other groups and individuals took their own modified or translated oath.

The Oath Project is rooted in the idea that for the project to succeed, MBA programs worldwide must come to consensus around a single oath for all to share. “We are currently at the ‘final draft’ stage of this oath, and are seeking feedback before we finalize the oath for 2010,” the Aspen CBE release stated.

To learn more about the Oath Project, click here.

What do you think? Should all MBA students take a common oath pledging to practice business ethically upon graduation? Share your comments here.

0 Comments »

# posted by Clear Admit @ 1:00 pm in General, MBA News, School: Harvard

Thursday, January 28, 2010

Campus Chronicles: The Harbus

Welcome back to Campus Chronicles!  This week we’ll take a look at HBS’s student newspaper, The Harbus, to see what’s been going on at the Harvard campus.

Before leaving for winter break, HBS students had the chance to participate in the Cyberposium 15 conference.  With this year’s theme of “Navigating the Digital Storm” the audience of 700 students, professionals, and tech enthusiasts listened to 100 panelists and moderators discuss technology progress, such as cloud computing and cleantech.  Keynote speakers included RIM CEO Jim Balsille and YouTube Founder and CEO Chad Hurley, and the most popular panels were “Trends in Digital Media,” “Reinventing eCommerce,” and “Mobile Consumer.”

Last week the Harvard Green Living Program implemented its bi-annual HBS Waste Audit, in which representatives from the program collect and analyze trash samples from the HBS campus.  This year they found that 23% of the materials put in the trash are actually recyclable, a number higher than the last two years.  However, the number of recyclables wrongly put in the trash has declined about 10% since the first audit in 2005, demonstrating the campus’s overall improvement.  To further decrease the amount of recyclables thrown away, HBS has implemented a Single Stream recycling program, as well as offered a number of tips to decrease the use of un-recyclable materials and help students determine the recyclability of certain items.

HBS students in Section E are celebrating their victory as 2009 RC Intramural Soccer Champions.  The undefeated Section E took on Section A in the final gaming, winning 5-3 to ultimately clinch the championship.  Brian Vickery from the Section E team joked that his team’s victory is due to their good looks when compared to a Section A, while Josh Solera claimed Section E’s emu mascot helped his team win, due to its superiority over Section A’s panda mascot.  In all seriousness, however, Section E thanks its fans for supporting them and helping them win the championship.  Congratulations Section E!

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# posted by Clear Admit @ 6:45 am in Campus Chronicles, School: Harvard

Monday, January 25, 2010

London Business School Tops Financial Times 2010 Rankings

London Business School (LBS) ranked number one in this year’s Financial Times global rankings of MBA programs, released today. Sharing the top spot with the University of Pennsylvania’s Wharton School last year, LBS this year claimed the honor all for itself.

Wharton came in second this year, followed by Harvard Business School, Stanford Graduate School of Business and INSEAD. To view the full rankings, click here.

LBS’s strong showing was due in great part to the broad educational experience it offers, according to the FT. “One of the best decisions of my life was to go to LBS for a full-time MBA,” one alumnus reported. “[It] has enriched my life, from education to career development, to making new friends and gaining new perspectives.”

Another added: “You not only learn from the school curriculum but from the deep cultural diversity of the student population. There is no place else that can offer this advantage to the extent that London Business School does.”

In a statement announcing its second consecutive top ranking, LBS Dean Sir Andrew Likierman pledged that the school will maintain its international diversity and global reach.

LBS is one of only three schools to have held the number one spot since the rankings were launched in 1999, and it is the only non-U.S. school to do so. According to an FT report accompanying the 2010 rankings, the school’s gradual ascent from eighth place 12 years ago to first today indicates as a broader trend the diminishing dominance of U.S.-based schools over the past decade.

The number of U.S. schools in the FT rankings’ top 25 has decreased over the years, from 21 in 2001 to 11 this year. The remaining 14 schools in the top 25 for 2010 include 11 from Europe and three from Asia.

The FT attributed this shift in great part to the fact that the return on investment for studying toward an MBA – measured in terms of salary increase – has fallen since 2005, and most significantly so in the United States.

But in spite of a weaker showing in the top 25, U.S. schools still make up the majority of the top 100 ranked programs, claiming 56 in this most recent ranking. The United Kingdom, with 17 of the top 100, is the second most represented country, and overall schools from 20 different countries appear, the FT added.

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# posted by Clear Admit @ 9:30 am in Rankings, School: Harvard, School: INSEAD, School: London Business School, School: Penn / Wharton, School: Stanford

Friday, January 22, 2010

Round 2 Interview Information from Harvard Business School

Director of Admissions Dee Leopold announced on her blog yesterday that Harvard Business School (HBS) plans to begin sending out interview invitations to round-two candidates on February 12th.

Her office will conduct roughly 800 interviews in this round, including interviewing some candidates who were placed on the waitlist as part of the first round, Leopold continued. “Most, but not all, of these invitations will go out on February 12th so that all invitees have equal access to locations and dates,” she wrote. But some may continue to trickle out up to and including on April 6th, the notification deadline for the second round.

Invitations will come in the form of an email from HBS MBA Admissions, Leopold wrote. The HBA MBA Admissions office will be closed on Monday, February 15th, for President’s Day, she advised. Following that, on Tuesday, February 16th, the HBS online interview scheduler will go live. Interview invitation emails will contain detailed instructions on how to schedule an interview, she continued.

As a reminder, HBS interviews are by invitation only. “We do not accommodate requests for interviews from candidates who are visiting campus,” Leopold wrote.

For a full list of available interview locations and planned interview dates, click here.

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# posted by Clear Admit @ 1:00 pm in Interview Tips, School: Harvard

Tuesday, January 19, 2010

Women Are Pursuing MBAs in Higher Numbers Than Ever Before

Women today make up 37 percent of students in full-time MBA programs in the United States, up from 33 percent five years ago and 30 percent 10 years ago, according to a recent article in the Financial Times. Adding that top European schools are also closing the gender gap, the FT report attributed the increase to a concerted effort on the part of leading programs to woo more women.

Citing data from the Association to Advance Collegiate Schools of Business (AACSB), a global accrediting agency for business schools, the FT report noted that while schools are still far from a 50/50 split, many are much closer than ever before. For instance, New York University’s Stern School of Business has been about 40 percent female for the past five years, and the Wharton School at the University of Pennsylvania reached the 40 percent mark for the first time this year.

“In a more plural classroom you’re going to get a more well-rounded learning experience,” John Fernandes, president and chief executive of AACSB, told the FT. “Many schools have become very focused on getting more women and they’re getting good results,” he added.

European schools, too, are attracting more women. For instance, the graduating class at INSEAD this year is 34 percent women, up from 23 percent in 2000, and in the past five years female applicants to the school have more than doubled, according to the FT.

Part of the challenge of attracting women has been the traditional timeline of the MBA. The standard MBA track requires four to five years of post-college professional experience before matriculation, which can be problematic for women planning a family, admissions officers told the FT.

“For a lot of work/family reasons, business school just comes too late [for women],” says JJ Cutler, dean of admissions at Wharton. Law, medicine and other graduate degrees, which women can pursue immediately after college, don’t pose the same conflict.

“Anecdotally speaking, what we find is that when women start thinking about graduate school, business school isn’t in the mix,” Elissa Sangster, executive director of the Forté Foundation, a consortium of corporations and schools that promotes women in business, told the FT. Schools that are successful in attracting more women are those who get them thinking about an MBA “early in the process,” she said.

So that’s exactly the tactic top schools are taking. Wharton, for example, has started to recruit promising female candidates at the college level by assigning them student mentors who offer advice and application tips, according to the FT.

Harvard Business School, through its 2+2 Program, has also drawn greater percentages of women. Though not specifically designed to impact the gender gap, the deferred MBA admissions program for undergraduates – which guarantees a spot in a future HBS class for accepted applicants upon completion of two years of approved work experience – drew about half women this year, HBS Admissions Director Dee Leopold told the FT.

Schools are also working to dispel the perception that business school is male-centric and cutthroat, as well as to counter the idea that an MBA is only useful for careers at investment banking and consulting firms.

To read the FT article in its entirety, click here.

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# posted by Clear Admit @ 1:00 pm in MBA News, School: Harvard, School: INSEAD, School: NYU Stern, School: Penn / Wharton

Friday, January 15, 2010

Harvard Business School to Open First Overseas Facility, Launch New January Term

In an effort to expand the number of international experiences available to its MBA students, Harvard Business School (HBS) will open a new facility in China later this month, according to a recent report in the Financial Times. The new facility, in Shanghai, will be the school’s first overseas facility, the FT adds. The move to China is part of an expanded curriculum development program and the launch of a new January term that will include a range of intensive seminars taught in small classroom settings, HBS announced.

In addition to China, the expanded Immersion Experience Program (IXP), which debuted on a smaller scale in early 2007, will take HBS first- and second-year students to other countries such as India, Rwanda and Peru to give them a chance to experience business outside of the United States, according to a release from the school. In these and other locations, the program will include field-based learning, company visits and service projects. 

In addition to the IXBs, the new January term offerings will include eight faculty-led seminars taught in small classroom settings. Planned seminar topics include leadership, negotiation, sustainable development and healthcare, among others. The seminars will take place between January 11th and 22nd and will feature case discussions, explorations of literature, lectures, guest speakers and student working groups and presentations.

Other top schools such as the Wharton School and Stanford Graduate School of Business have provided such opportunities for their students as a matter of course, the FT reports, but HBS has been slower to initiate such offerings. HBS was outranked by each of the other top seven U.S. MBA programs in the FT’s 2009 rankings in the area of international experiences afforded MBA students. 

More than 400 first- and second-year HBS students are expected to participate in the expanded curriculum program as part of nine faculty-led IXPs beginning this month, according to the HBS release. And two more IXPs are planned for March, to Brazil and Costa Rica.

The new Chinese facility also will open unofficially this month, the FT reports. In addition to serving as a base for MBA students on overseas projects, the new Shanghai facility also will be used for short executive courses, the FT added.

For the Financial Times article, click here. For the HBS press release, click here.

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# posted by Clear Admit @ 1:00 pm in MBA News, School: Harvard

Tuesday, January 12, 2010

Last-Minute Advice for Round-Two Applicants from Harvard Business School Admissions

With a January 19th deadline, Harvard Business School (HBS) is one of just a handful of top schools whose round-two deadlines haven’t already passed. In blog posts yesterday and today, HBS Admissions Director Dee Leopold offered some advice for applicants who are still working hard to finish up their applications.

For starters, she tackled the question of how rigid the word-count restriction is for the essay portion of the application. According to Leopold, she and her admissions team hear this question often from applicants.

“Your essays do not get cut off if you go over the word limit,” she wrote in response. And her team is not sitting there counting words as they read. But they do expect a candidate to be able to edit effectively, and they also have a feel for whether an essay is running long from having read so many of them. So you should make every effort to craft a response that falls within the word-count limit, “but don’t stress over a few extra words,” Leopold advised.

She added that it’s fine if recommenders have more to say than the suggested word-limit for letters of recommendation. HBS suggests a word limit equivalent to roughly a page of text. “We do this to give those not familiar with writing recommendations a sense of an appropriate length of response,” Leopold wrote. But their file doesn’t get cut off after a single page or after a certain number of words,” she assured.

In a subsequent post today, Leopold addressed the question of whether it’s advantageous to submit your application early for a given round. Her answer: “No, not really.” For this year’s second round, her staff will begin to print and distribute applications to the Admissions Board on the night of January 19th, but the board doesn’t begin to read applications until after the application deadline has passed.  “Contrary to lots of speculation, there is absolutely no correlation between when an application is submitted and when, or if, a candidate is invited to interview,” Leopold wrote. “Applications are not reviewed in the order in which they are received,” she stressed.

That being said, it’s never a good idea to wait until just minutes before the application deadline to press submit, she cautioned. “We anticipate that server traffic will be high and you will be frustrated and anxious with the time it will take to have a successful submission,” she wrote.

HBS will be closed on January 18th, the day before the round-two deadline, in observance of the Martin Luther King holiday. But the admissions office will be open that day from 8 a.m. to 5 p.m. (Eastern time) to answer last-minute questions, Leopold wrote.

Finally, Leopold reminded applicants that technical questions about the online application should be addressed to ApplyYourself. To reach ApplyYourself, click the online support button in the application itself of call (800) 526-3313. ApplyYourself will be available for support on January 18th from 8:00 a.m. to 8:00 p.m. (Eastern time).

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# posted by Clear Admit @ 1:05 pm in Admissions Tips, School: Harvard

Monday, December 14, 2009

Harvard Business School Round-One Decisions Imminent

For round-one applicants to Harvard Business School (HBS), we know jitters are likely at an all-time high. Tomorrow, December 15th, is the day the admissions committee releases it decisions for the first round. In a recent post to her blog, Director of Admissions Dee Leopold mapped out what anxious applicants can expect.

“Some time on Tuesday – most likely close to noon Boston time – you will receive an email from HBS MBA Admissions indicating that your decision is available,” she wrote. “When you log into your account, your decision letter will be there,” she added.

Before that, there’s no need to jump every time the phone rings, she counseled. “We don’t make any phone calls in advance of the online notification,” she wrote. Congratulatory calls will go out to admitted students later in the day, she continued.

If you are among those applicants invited to join the waitlist, you will receive a follow-up email later in the day tomorrow from Eileen Chang, who manages the waitlist, Leopold wrote. The waitlist will include some candidates who have already interviewed and some who have not.

Leopold advised candidates who are not admitted that her office will not be able to provide personal feedback on their applications. “Even if we had the staff capacity to do this during the application season, it probably wouldn’t be as helpful as you wish,” she wrote. This is because the vast majority of applicants are very well qualified and the final decisions come down to what mix of students will create the most diverse and textured class, she added. 

Best of luck from all of us here at Clear Admit to round-one applicants awaiting notification from HBS on December 15th. Don’t forget that you can share your news and learn others’ fates on the Clear Admit Wiki.

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# posted by Clear Admit @ 1:00 pm in MBA News, School: Harvard

Friday, December 11, 2009

University of Chicago Booth School of Business Dean to Step Down in June

Another business school will be looking for a new dean come June, according to a report yesterday in the Financial Times. University of Chicago Booth School of Business Edward Snyder will step down as dean in June 2010 after nine years in the role.

Snyder’s news comes just 10 days after Harvard Business School’s Dean Jay Light announced that he, too, will step down in June, ending a 40-year tenure on the HBS faculty. Meanwhile, officials at Northwestern’s Kellogg School of Management are conducting a search of their own to find a successor to Dean Dipak Jain, who stepped down in September. 

Chicago Booth’s Snyder will leave before the end of his second five-year term as dean, which would have finished in June 2011. “Given the strong state of our school and what we have accomplished, I believe now is the right time for the school to search for its next dean,” Snyder wrote in a letter to the Chicago Booth community. “On the personal side, I look forward to taking some time to reflect on the challenges facing management education, analyze some major public policy issues and consider my future,” he continued.

In a separate letter to the community, Chicago Booth President Robert Zimmer and Provost Thomas Rosenbaum praised Snyder’s dedication and all he has achieved over the past near decade. They credited him with helping to draw many of the world’s leading faculty to Chicago and doubling the number of endowed professorships at the school, while also maintaining the highest retention rate for senior faculty in five decades.

Also under Snyder’s leadership, student scholarship assistance has more than tripled, the dean and provost wrote. The school’s global footprint, too, has expanded to include a planned campus expansion in Singapore, a new campus in London and a key role in the University’s new Center in China. Meanwhile, at home on the Hyde Park campus, Chicago Booth moved its central operations into a dramatic new building.

Who will fill all of these open deans’ positions is sure to have the business school community buzzing, the FT noted. At HBS, which has always appointed its deans from within, the two current frontrunners are Rakesh Khurana and Nitin Nohria. The dean’s search committee at Kellogg is slated to propose candidates to the president and provost in early 2010, and interim dean, Sunil Chopra, is considered a potential frontrunner, the FT reported.

Meanwhile, Chicago Booth will establish its own dean’s search committee in the next few weeks, the president and provost wrote.

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# posted by Clear Admit @ 1:00 pm in MBA News, School: Chicago, School: Harvard, School: Northwestern / Kellogg

Thursday, December 10, 2009

Campus Chronicles: The Harbus

This week’s Campus Chronicles will highlight Harvard Business School, exploring some of the recent and upcoming campus events through a review of its student newspaper, The Harbus.

Professor Arthur Segel recently offered HBS students a chance to participate in a real estate purchase/sale negotiation simulation in his Real Property class, with the aim of educating them on business practices that may have indirectly contributed to the current financial crisis.  Students were dived into three teams of buyers, sellers, and lenders, each of which had to negotiate the purchase, sale, or financing of real estate assets, respectively.  Students discovered that although they were initially thrifty, the pressure to “win” transactions caused them to override competitive bidders to gain property, thus ensuring that they had winning results from all their work to present to their “boss” (i.e. Professor Segel, who was grading the simulation).  To win these transactions, students changed their offers such that the evaluation of the assets and leverage amounts increased, while interest rates and lending fees decreased.  Ultimately this shift caused the elimination of buyers’ equity investment and limited the value of lenders’ investments, transforming the “winners” into losers in this simulated real estate market.  After the exercise, students drew parallels of their simulation to real-life investors working in transactions such as mortgage originations and mortgage-backed security investments who may have responded to the pressure of “winning” investments.  Students in this class stated that their first-hand awareness of this trend would benefit them when they leave HBS and re-enter the working world.

HBS students will have the chance to contribute to a new book focusing on issues related to leadership, commerce, and the global business world as US business leaders work to recover from the financial crisis of 2008.  The book, titled “Reimagining Leadership: How a New Breed of MBAs is Rebuilding Capitalism from Within,” is slated to come out in May 2011, soon after HBS celebrates its 100th anniversary.  Led by Daniel Gulati, Oliver Segovia, and John Coleman, this book is slated to be a collection of stories from thirty HBS students and young business leaders, illustrating their response to the economy’s collapse, actions towards rebuilding, and lessons on business and leadership in difficult times.  The book’s leaders are currently accepting submissions solely from HBS students and alumni, and interested students had the chance to attend an information session about becoming contributors to the book on December 8th.

HBS students recently had the chance to attend the first Global Exposure Project, a new annual fundraiser hosted by the HBS Art Society.  The event featured photography taken by HBS students and faculty and covering a range of subjects, including portraits and landscapes from around the world.  HBS Art Society members selected the 63 photographs on display from out of 200 submissions.  Attendees of the event had the chance to buy framed prints of the display photographs as well as books containing all 63 photographs.  Proceeds from these sales went to Share Our Strength, a non-profit aimed at reducing childhood hunger in the U.S.  Ultimately, both the prints and photo books were all sold out and the Global Exposure Project was able to donate $4,000 to Share Our Strength.

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# posted by Clear Admit @ 5:12 am in Campus Chronicles, School: Harvard

Friday, December 04, 2009

Harvard Business School Dean Jay Announces Plans to Retire

Earlier this week in a letter to the Harvard Business School (HBS) community, Dean Jay Light announced that he plans to retire on June 30, 2010.

Light, who joined the HBS faculty 40 years ago, has served as dean for the past five. “I realize there will never be a good time to leave,” he wrote. “I’ve stayed somewhat longer than I intended, in fact, largely because of all of you,” he continued.

In an interview with the Harvard Gazette on December 2nd, the day he announced his retirement, Light reflected on his 40 years as part of the HBS faculty as well as his time as the inaugural doctoral student in a joint-degree program between HBS and the Faculty of Arts and Sciences.

In the interview, he shared details about his first day of class at HBS, revealed what he found most surprising when he stepped into the role of dean and reflected on what he’s most proud of during his tenure at the school. He also talked some about the future of management education and the opportunities and challenges facing his successor.

HBS President Drew Faust will soon be launching a search for a new dean, Light wrote in his letter to the community. Come June, Light looks forward to having more time to write, sail and spend with his wife as well as to reflect on the last 40 years, he told the Gazette.

To read the full Harvard Gazette interview with Light, click here.

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# posted by Clear Admit @ 1:00 pm in MBA News, School: Harvard

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• Olivier (INSEAD)

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