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APPLICANT RESOURCES
Admissions Director Q&A Clear Admit School Guides Clear Admit Career Guides Clear Admit Strategy Series Clear Admit Interview Guides Below are the upcoming deadlines for admission to top-tier schools. Feb 10: INSEAD R3 Mar 1: Michigan / Ross R3 Mar 3: CBS Mar 3: LBS R3 Mar 4: Kellogg R3 Mar 8: Cambridge / Judge R4 Mar 8: CMU / Tepper R3 Mar 9: Duke / Fuqua R3 Mar 9: Penn / Wharton R3 Mar 10: Berkeley / Hass R4 Mar 10: Chicago Booth R3 Mar 10: Yale SOM R3 Mar 15: NYU / Stern R3 Mar 17: UCLA / Anderson R3 Mar 19: UNC / Kenan-Flagler R4 Mar 30: Cornell / Johnson R4 Mar 31: UVA / Darden R3 Mar 31: INSEAD R4 Apr 1: UT-Austin / McCombs Apr 2: Dartmouth / Tuck R3 Apr 2: Oxford / Saїd R3 Apr 7: Stanford GSB R4 Apr 8: Harvard R3 Apr 14: CBS Essay Topic Analysis Use categories to access all that has been written on each of the topics. We have categorized by school and by subject matter.
Interview Reports MBA.com Manhattan GMAT GMAT Club Princeton Review Test Prep New York Kaplan Beat The GMAT Knewton Writing Resources Guide to Grammar and Writing The Internet Grammar of English English Usage, Style and Composition The Economist Style Guide Paradigm Online Writing Assistant School Rankings The following resources should be useful to those who want to research the careers open to them after (or before) earning an MBA. Vault.com Wetfeet
Business School Resources
If an MBA Program is not listed, please e-mail and we will be happy to list it. Berkeley / Haas Boston College / Carroll Carnegie Mellon / Tepper Chicago Columbia Concordia Cornell / Johnson Dartmouth / Tuck Duke / Fuqua Emory / Goizueta Harvard HEC Montreal Indiana / Kelley Michigan MIT / Sloan Northwestern / Kellogg New York / Stern North Carolina / Kenan Flagler Notre Dame / Mendoza Pennsylvania / Wharton Queens Stanford Syracuse / Whitman Texas / McCombs Thunderbird Toronto USC / Marshall UCLA / Anderson Vanderbilt / Owen Virginia / Darden Washington University in St. Louis / Olin Western Ontario / Ivey Yale MBA Programs: Rest of the World As there is some variety in the length of international MBA programs, we have denoted the length of the program next to its name (1 = one year; 2 = 2 years). If an MBA Program is not listed, please e-mail and we will be happy to list it. AGSM (Australia) 2 Cambridge / Judge (UK) 1 CIEBS (China) 2 Cheung Kong Graduate School of Business (China) 1 Cranfield School of Mgmt (UK) 1 ESADE (Spain) 1 or 2 HEC (France) 2 Hult (UK) 1 IESE (Spain) 2 IMD (Switzerland) 1 INCAE (Costa Rica) 2 INSEAD (France) 1 IPADE (Mexico) ISB (India) 1 London Business School (UK) 2 Manchester Bus. School (UK) 2 Melbourne (Australia) 2 Oxford / Said (UK) 1 Rotterdam (Netherlands) 1 Tsinghua IMBA (China) 2 University of St. Gallen (Switzerland) 1 Additional Resources Here we link a host of additional resources available across the web. E-mail info@clearadmit.com to have resources added to this list. AACSB International Association of MBAs Beyond Grey Pinstripes EFMD gradschools.com (worldwide) Infozee International Student Loans mba.com (GMAT Scores) MBAInfo mbaleague.blogspot.com MBAzone MBA Jungle TOEFL Top MBA MBA Tipline We encourage admissions officers, students and applicants to alert us of interesting news and developments, please send an email to news@clearadmit.com so we can blog it. Blog Archive
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Get a $10 Amazon.com Gift Card! Contribute your MBA interview reports to the Clear Admit Wiki. Interviewing with b-schools in R2? Download our school by school Interview Guides or send us your CV to learn more about our mock interview services. CATEGORY - SCHOOL: STANFORD 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.
Monday, December 21, 2009 Stanford GSB Admission Office Closes for Holidays, R2 Deadline Nears In an email to prospective applicants, the Stanford Graduate School of Business (GSB) Admissions Office announced that today marks the beginning of a school-wide holiday shutdown that will continue through January 1, 2010. During this closure, the MBA Admissions Office will not be open, but members of its staff will be available for email inquiries. “If you have questions or concerns, we encourage you to contact us via our website,” read the email. The email went on to provide a few reminders to round-two applicants as the January 6th deadline approaches. Most importantly, all applications must be submitted no later than 5 p.m. Pacific Time on the 6th in order to be considered for round two. Any applications received after that point will be automatically moved to round three. Between now and the 6th, applicants should upload any supplemental information in the “Additional Information” section of their applications. Do not, however, send official transcripts to Stanford GSB. “We will ask you for them when you are admitted,” the admissions staff advised. Applicants also should encourage their recommenders to submit letters of recommendation electronically before they themselves submit their applications. “We recommend that they submit by Tuesday, 5 January 2010; however their actual deadline is 5:00 p.m., Pacific Time, on 6 January 2010,” the admissions staff stated. Applicants are likewise encouraged to submit their own applications in advance of the actual deadline in order to prevent system slowdown and save time and frustration. In the event that an applicant or a recommender experiences technical difficulties, he or she is advised to click the “Tech Support” tab, which will be located at the top of the online application screen, or to visit http://emt.hobson-us.com. The Stanford GSB Admissions Office will post round-two decisions online by 5 p.m. Pacific Time on March 31, 2010.
Wednesday, December 16, 2009 Wiki Wednesdays: Submit an Interview Report, Win a $10 Gift Card to iTunes! Welcome to another edition of Wiki Wednesdays, our weekly post about the Clear Admit Wiki, an online repository for MBA applicants to share their experiences with the admissions process. Over the past week, we’ve received a number of interview reports for Harvard Business School and Northwestern / Kellogg. Thank you to everyone who has contributed to the Clear Admit Wiki and helped fellow applicants prepare for MBA admissions interviews! For those interested in adding their experience to the Wiki, we’ll be awarding a $10 iTunes gift certificate to every fifth applicant who contributes an interview report. Plus, between now and next Tuesday, December 22nd, the first 15 candidates that submit interview reports for Berkeley / Haas, Oxford / Said, Stanford GSB or Yale SOM will receive a $10 gift certificate to iTunes! To be eligible for the prize, simply send your contribution to wiki@clearadmit.com; 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: As always, we wish the best of luck to Round 1 applicants undergoing the interview phase of the admissions process! 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 and strategic advice to help applicants with their admissions interviews. Stay tuned to this blog for an array of interview tips in the coming weeks, and be sure to check out the Clear Admit Wiki for firsthand interview accounts.
Tuesday, November 24, 2009 Trivia Tuesday: Public Management at Stanford It’s time once again for Trivia Tuesday, our regular exploration of the special programs and opportunities that differentiate the leading business schools. This week we take a peek into the Clear Admit School Guide to Stanford, and share an excerpt on Stanford’s Public Management Program. “The Public Management Program (PMP) was founded in 1971 by then-dean Arjay Miller to promote communication and collaboration between leaders of government and business. His experience as president of Ford Motor Companies provided the impetus for this initiative; in this role, he witnessed firsthand the misunderstandings between politicians and those in the private sector. The PMP became part of the Center for Social Innovation in 2000, and today has the broader mission of preparing students to address social problems. The PMP also offers students the option of obtaining a Certificate in Public Management as a sign of their commitment to and preparedness for a career in the sector. To qualify, students take 16 relevant course units, including an approved economics class; with approximately 30 electives to choose from, they can also petition for a relevant Stanford University class to count toward the credential, or design an independent study. The independent study option provides students with the flexibility to design a program of study that fits their needs. Each independent study may be taken for between one and four credit units, with each credit unit representing an expected 30 hours of work. Furthermore, students may determine whether to dedicate their independent study time to research or to practice. For instance, the independent study may be academic in nature, focusing on an examination of current events or an analysis of a specific sector or organization, or it can involve an internship, consulting engagement or strategy planning role at a sponsor organization. Within the Certificate program, students who are especially focused may pursue an optional specialization in Government, Nonprofit Management or Socially Responsible Business. To qualify for a specialization, the candidate must take 8 of the 16 elective credits for the certificate in that area. In addition to pursuing their personal academic interests, each class of PMP students selects a topic to explore in depth during their second year through the Public Management Initiative (PMI).” To continue reading about Stanford’s Public Management Program, and to find out about the details of the PMI, experiential and international opportunities offered within the PMP program, and the financial support available to PMP students at Stanford, take a look at the Clear Admit School Guide to Stanford. All 18 Clear Admit School Guides are available for immediate purchase and download on the Clear Admit shop.
Monday, November 23, 2009 Stanford GSB Campus Visit Registration Begins Nov. 30th In a post to the Stanford Graduate School of Business Admissions Blog, Admissions Coordinator Brad Lindeberg announced that initial registration will open next week to prospective applicants hoping to schedule winter class visits. Registration, which opens November 30th, can be completed via an online registration system. Due to high demand for class visit slots, Stanford GSB recommends making a reservation a few weeks in advance and limits class visits to one per quarter. The admissions office also encourages only those who are seriously considering applying to participate. (If you are just at the information-gathering stage, instead consider an on-campus information session, they suggest.) Once you have registered for a class visit, an admissions coordinator will meet you in the MBA Admissions Office 10 minutes prior to the start of the class, accompany you to the classroom and answer any questions you may have about the school or MBA program en route. Each class visited is scheduled to run for one hour and 45 minutes, and visitors are required to stay for the entire class. Visitors are asked not to participate in class, but instead to simply observe silently. Due to classroom space constraints, the admissions office can’t accommodate requests for specific classes. The first opportunity for class visits will be Monday, January 11th. The schedule for class visits during the winter quarter is as follows: o January to Early February Mondays and Fridays o Mid February to Early March Mondays Campus visits are neither required nor expected, Lindeberg underscored. “Our events offer a chance to experience a day at the GSB, but do not result in preferential treatment in the admission process,” he wrote. Additional class visit slots may be added in December after actual class enrollment is finalized, he added. For more details on Stanford GSB class visits, click here.
Tuesday, November 10, 2009 Choose the Best Business School for an Entrepreneurial Career Although most business schools report that their graduates are actively involved in entrepreneurial activities, all of them do not have specialized programs and resources for future entrepreneurs. So if you want to start your own business after b-school, the Clear Admit Career Guide to Entrepreneurship provides a detailed overview of the nineteen most active, vibrant programs that support a concentration in this field. Strong entrepreneurship programs tend to share several traits in common: - a campus-wide culture of collaboration and innovation For decades, schools like Stanford University in the Silicon Valley and MIT in Cambridge, Massachusetts, have fostered the development of numerous start-up businesses in their locations. The technologies produced by campus researchers at these schools have been brought to market by partnerships between the university, faculty, students, and other entrepreneurs and investors. “Variations in university location and resources can have an impact on MBA students’ ability to found new ventures in the sciences. In general, students at business schools that are affiliated with strong research universities are more likely to have access to cutting-edge researchers and technologies suitable for commercialization. In addition, schools in California, the greater Boston area and the Philadelphia-New York City corridor have access to a larger pool of skilled partners, including scientists, experienced entrepreneurs and venture capitalists.” Regardless of location, the schools outlined in the Career Guide to Entrepreneurship offer both strong academic tracks and a range of extracurricular opportunities for students, including courses, student clubs, business plan contests, start-up incubators, and mentoring programs. “Along with the University of Virginia’s other schools, Darden students benefit from involvement in the Virginia Entrepreneurial Society (E-Society). Dedicated to creating a supportive and encouraging community, the E-Society encourages collaboration and interdisciplinary thinking surrounding new ventures. Participating students may be matched with a mentor who provides guidance and advice regarding entrepreneurial careers. Through the E-Society, students have access to educational resources, professors and alumni, as well as venture capitalists, angel investors, and Charlottesville entrepreneurs and business groups.” Over two-thirds of the schools in the Career Guide to Entrepreneurship offer a defined course of study for entrepreneurship, from Tuck’s New Ventures Focus to Babson’s Entrepreneurship Intensity Track. Not only will the guide provide comprehensive details that will help you decide which of these programs best support your career goals, it offers valuable information for essays and interview preparation and can be a valuable tool for making a final school decision. So check out the Clear Admit Career Guide to Entrepreneurship from our new line of career-focused guides—85 pages of specialized information and guidance about the MBA programs that best support a future career in entrepreneurship. It’s available for immediate purchase and download from the Clear Admit shop!
Tuesday, November 03, 2009 A Must-Read for Future Marketing and Brand Management Executives So you are interested in studying the “four P’s” (product, price, place, and promotion) and can’t wait to learn about the “three C’s” (customer, competition, and company). But first you must decide which school’s Marketing program is right for you. A resource from our new line of career-focused guides, the Clear Admit Career Guide to Marketing and Brand Management will help clarify the answer! Designed for MBA candidates seeking careers as marketers in brand or product management, market research, sales, advertising and marketing consulting, or product management, this guide focuses on the MBA programs that best prepare students to embark upon diverse marketing paths. The Career Guide to Marketing and Brand Management is filled with comprehensive details about academics, extracurriculars, and job placement at 17 top MBA programs across the country—almost half of which offer a formal major, concentration, or specialization in marketing. Not only can this guide help prospective students narrow down which schools to apply to, it is a great resource for essays and interview preparation as well as a tool for deciding which school to attend. Each program described in the guide is unique, with some focusing on more general marketing concepts, like Kellogg’s Marketing major, and others addressing more specific areas, as with The Johnson School’s Consumer Goods specialization. Other schools, like the Stanford Graduate School of Business, have a different structure altogether. “Like many other leading MBA programs, Stanford requires students to complete a core curriculum, though Stanford is unusual in that the core is not structured solely by business discipline. . . . Stanford GSB students who are interested in marketing may select from among the dozen electives in the field, plus several electives that consider marketing in the context of particular industries. The school does not offer formal concentrations; instead students work with their advisers to design personalized academic programs to prepare them for their intended careers.” Regardless of the curriculum, most graduate business schools have a student-run marketing club that provides members with career support through resume review sessions, panel discussions with alumni, events with recruiters, and other activities. “The Kellogg Marketing Club is one of Kellogg’s largest and most active student organizations. Events are made possible by the sponsorship of numerous companies interested in recruiting Kellogg students. Platinum sponsors include Johnson & Johnson, McNeil Consumer Healthcare and S.C. Johnson; gold sponsors are Dell, Frito Lay, General Mills, Procter & Gamble and Walmart; and silver sponsors are Alberto Culver, Chevron, Clorox, Colgate-Palmolive, Del Monte, Gorton’s, The Hershey Company, ING, Kellogg’s, Kraft, Leo Burnett, Microsoft, Neutrogena, Unilever and ZS Associates. . . . The Club regularly brings Chief Marketing Officers, brand managers and other senior marketing executives to campus to discuss their experiences in the field.” Check out the Career Guide to Marketing and Brand Management for guidance and information about a diverse array of MBA programs—available for immediate purchase and download from the Clear Admit shop!
Wednesday, October 21, 2009 Michigan’s Ross School Leads U.S. Business Schools in Environmental, Social Responsibility The University of Michigan’s Ross School of Business outranked all other U.S. schools in terms of how well it integrates environmental, social and ethical issues into its MBA program, according to the Aspen Institute’s 2009-10 Beyond Grey Pinstripes report. The Ross School ranked No. 2 overall in the biennial survey, designed to provide an alternative ranking of business schools based on their environmental and social stewardship. To identify what it calls the “Global 100,” the Aspen Institute compared data from 149 MBA programs in 24 countries as part of the survey. York University’s Schulich School of Business in Toronto, Canada, ranked No. 1 this year, replacing Stanford Graduate School of Business, which claimed the number one spot in the 2007-8 survey. (Stanford fell to No. 4 this year.) “Beyond Grey Pinstripes schools are thoughtfully pursuing new approaches,” Rich Leimsider, director of the Aspen Institute’s Center for Business Education, said in a statement. “They are preparing students who take a more holistic view of business success, one that measures financial results as well as social and environmental impacts.” Ross’s high ranking didn’t come as a surprise to Dean Robert Dolan, who views social and environmental responsibility as a cornerstone of the school’s management education. “We don’t view social and environmental responsibility as a realm separate from that of everyday business,” Dolan said in a statement. “We make a point of integrating these concerns into our curriculum and our teaching in a manner that is both innovative and relevant,” he added. The number of electives a school offers with content focusing on environmental and social responsibility is one of the data points the Aspen Institute collects as part of the survey. According to Leimsider, the average school in the survey offers 18 such electives, compared to Ross’s 72. The Ross School also boasts the Erb Institute for Global Sustainable Enterprise, part of a partnership with the U-M’s School of Natural Resources and Environment. The Erb Institute supports interdisciplinary research and education initiatives – including an MBA/MS program – designed to encourage sustainable enterprise around the globe. In addition to this and other partnerships with U-M schools and institutes focused on social responsibility, Ross also features a range of student clubs, lecture series, seminars and conferences that helped it rise to the top of the Aspen Institute’s ranking. Among them is the Ross Net Impact Club, which has been named National Chapter of the Year for three consecutive years. To view the complete 2009-10 Beyond Grey Pinstripes report, click here.
Thursday, October 08, 2009 Financial Times Reports Record Class Sizes at Top Business Schools, Drops at Other Schools According to a Financial Times article last week, many top business schools are reporting record numbers of students this year, the result of higher-than-normal enrollment yields among admitted students. But still other schools are reporting drops in traditional yields. Overall, an unusual combination of factors this year seems to have made predicting class enrollment sizes far trickier than usual. The FT credited Edward Snyder, dean of the University of Chicago Booth School of Business, with predicting accurately that it would be unusually difficult to predict student enrollment this admission season. “This year, I think you can throw out traditional yield information,” he told the FT. Indeed, yields at most top schools have surged this year, which is to say that higher-than-usual percentages of admitted students have chosen to enroll, resulting in record student numbers. Chicago Booth’s enrollment swelled to 592 full-time students, up from 577 last year and higher than ever before. The Wharton School at the University of Pennsylvania, which usually enrolls between 800 and 820 students, this year welcomed 862. Harvard, Stanford, the University of Michigan’s Ross School, and INSEAD also all report record-high enrollments this fall, according to the FT report. At the same time, some schools have seen their yields fall off. An example is the Anderson School at UCLA. Admissions Director Mae Jennifer Shores attributed this year’s lower-than-normal yield to the fact that some prospective students opted to accept offers at schools with bigger brands. “There’s a lot of crossover between UCLA Anderson and the other top schools,” she told the FT. Whether up or down, yield has been unusually difficult to predict this year in part because of competing theories about business schools and recessions, the FT reports. Some argue that an economic downturn makes for an opportune time to go back to school. Others counter that if you have a job, now’s the time to hold tight to it. A drop in international student applications – the result of uncertainty around the availability of student loans and/or post-graduation jobs – has also made it more difficult for admissions offices’ to accurately gauge yield. Columbia Business School saw its yield drop this year, which Assistant Dean Linda Meehan attributes at least in part to a drop-off in overseas applications. Even so, she finds the overall drop in yield hard to understand. “This last year was a very different year and different from other downturns,” she told the FT. To read the FT article in its entirety, click here.
Monday, September 14, 2009 Hispanic Business Magazine Releases 2009 Ranking of Top 10 Business Schools for Hispanic Students Hispanic Business Magazine last week released its 2009 rankings of the top 10 business schools for Hispanic students. Among the highest ranked schools in terms of Hispanic representation in their student body and faculty were several top-tier global MBA programs, including the McCombs School of Business at the University of Texas at Austin, Stanford Graduate School of Business, Dartmouth’s Tuck School of Business and the Haas School of Business at the University of California at Berkeley. Part of Hispanic Business’s annual ranking of graduate schools as measured by diversity, the Top 10 Business Schools for Hispanic Students list was compiled by the magazine’s research arm, HispanTelligence. It ranked MBA programs according to the percent of Hispanic student enrollment as compared to overall student enrollment, the number and percent of MBA degrees earned by Hispanic students and Hispanic representation among faculty. “Instead of looking at diversity as a federal requirement, these schools embrace it as a means of educational enrichment,” read the Hispanic Business report that accompanied the rankings. “Using factors such as enrollment and percentage of degrees earned by Hispanics, the numbers show that Hispanics are steadily making educational strides, while universities are also doing more outreach to them.” Despite the gains, the Hispanic Business report suggests that much work still remains to be done. According to the U.S. Census Bureau, only 3.6 percent of Hispanics over the age of 25 who complete college go on to receive a masters, professional or doctoral degree, the lowest statistics of all ethnic groups. Universities must develop their own recruiting methodologies to obtain and maintain diversity enrollment goals, the report continued. For a complete list of the 2009 Top 10 Business Schools for Hispanic Students, click here.
Friday, September 11, 2009 Registration Begins for Fall Campus Events at Stanford Graduate School of Business In a recent post to the Stanford MBA Admissions Blog, Admissions Coordinator Brad Lindeberg announced that online registration has begun for fall class visits and information sessions at the Palo Alto school. Events will begin on Monday, September 28th, Lindeberg wrote. Information sessions will be held on Mondays and Fridays from 12 p.m. to 1 p.m. and will feature admissions representatives providing a detailed overview of Stanford’s distinctive MBA program and admissions process. Presentations will include a question-and-answer session with current students. Advance registration is required. Class visits, meanwhile, will be offered on Mondays and Fridays at 8 a.m., 10 a.m., 1:15 p.m. and 3:15 p.m.; on Tuesdays at 8 a.m. and 10 a.m.; and on Thursdays at 1:15 p.m. and 3:15 p.m. Advance registration for class visits is required, and Stanford GSB asks that only students who are seriously considering applying to the Stanford MBA program participate due to space constraints. An admissions officer will meet prospective applicants in the MBA Admissions Office 10 minutes before the start of the class and escort them to the appropriate building and classroom, answering any questions they may have along the way. Each class is scheduled to run for one hour and 45 minutes, and visitors are required to stay for the full duration of the class. The Admissions Office recommends registering for class visits a couple of weeks in advance. The above times are for the fall quarter schedule (October and November). Additional class visit opportunities may be added as the Stanford GSB academic calendar is finalized. “While we encourage you to visit the Stanford GSB and get to know our program better, a campus visit is neither required nor expected,” Lindeberg clarified. “Out of fairness to all applicants, we do not give preferential treatment in the admission process to those who have visited the GSB,” he added. For detailed information about scheduled fall events, click here.
Wednesday, September 09, 2009 Not All Business Schools Eager to Embrace GRE, Financial Times Reports According to a recent report by the Financial Times, not all business schools are rushing to accept Graduate Record Exam (GRE) scores in addition to Graduate Management Admission Test (GMAT) scores from prospective applicants to MBA programs. The FT cited a recent survey by Kaplan Test Prep and Admissions of admissions officers at 260 of the top MBA programs in the United States, which revealed that while 24 percent of programs already accept GRE scores in addition to GMAT scores, only 4.3 percent of remaining schools said they were considering adopting the GRE. Of course, among the 24 percent that have embraced the GRE are schools with some of the very top programs in the country, including Harvard Business School, the Wharton School at the University of Pennsylvania, Stanford Graduate School of Business and MIT Sloan School of Management. The GRE test has become more popular especially as these schools have begun to admit younger students to their MBA programs, because it allows students to apply to a range of graduate programs – law, business or public policy for example – without having to take multiple entrance exams. Dave Wilson, president of the Graduate Management Admissions Council (GMAC), which administers the GMAT, defended the value of the GMAT as an entrance exam for business schools in the FT article, saying that it was designed specifically for business students and therefore gives more accurate predictions of MBA success. To read the original FT article, click here.
Monday, August 31, 2009 Admissions Tip: Off-Campus Information Sessions For all those applicants who have recently opened a calendar to plot out the next few months only to realize they can’t possibly fit in campus visits on top of full time jobs and essay writing, never fear! It’s true that traveling to a school’s campus is the ideal way to learn about their MBA program, but visiting is often not a viable option for applicants who are located remotely or unsure of their level of interest in a given school. The good news is that business schools might very well come to them. Many b-schools are getting ready to hit the road and embark on worldwide tours to dispense information and recruit qualified applicants. Such events offer a great opportunity for interested students to meet with admissions staff (and sometimes with current students and/or alumni), learn about the program and ask specific questions. Some of the top schools are already on the road, so we recommend looking into the travel schedules for programs of interest and planning accordingly. Keeping in mind that these schedules are updated and amended throughout the fall, here are some of the top programs’ itineraries for the months ahead: Berkeley / Haas: Chicago Booth: Columbia: Duke / Fuqua: HBS: Northwestern / Kellogg: Michigan / Ross: MIT / Sloan: Stanford GSB: NYU / Stern: Dartmouth / Tuck: UCLA / Anderson: UNC / Kenan Flagler: UVA / Darden: U Penn / Wharton: Yale SOM: IESE: IMD: INSEAD: LBS:
Thursday, August 06, 2009 London Business School, Stanford, INSEAD Top 2009 Forbes ROI MBA Rankings Forbes has released its biennial ranking of top business schools as measured by return on investment graduates achieve after five years, with London Business School (LBS), Stanford Graduate School of Business and INSEAD topping the lists. To compile the survey, alumni from top business schools were asked to share their pre-MBA salaries and compensation for three of the first five years of work after obtaining their degrees. Taking into account opportunity costs (tuition and salary lost while in school), adjusting for cost-of-living expenses and discounting earnings gains, Forbes ranked programs based on overall ROI divided into three distinct tables: U.S. programs, non-U.S. one-year programs and non-U.S. two-year programs. LBS, which ranked number two among non-U.S. two-year programs in the 2007 rankings, sidled back up into the number one spot this year, which it also held in 2005. “I am delighted that we have re-claimed the number one position in this ranking,” said Sabine Vinck, LBS associate dean of degree programs, in a statement. “This result demonstrates that London Business School offers excellent return on investment and that our alumni compensation levels post-graduation are among the highest in the world,” Vinck added. Stanford, too, reclaimed the number one spot this year on the U.S. programs list, having also slipped to second in the 2007 rankings. According to the Forbes report, Stanford graduates from the class of 2004 – now five years out from graduation – had a median salary of $82,000 before entering school, made a $235,000 investment on average on an MBA, and report a median salary of $225,000 five years out, which shows a typical cumulative gain of $85,000. Overall, Forbes found that graduates of the five top-ranked MBA programs in its survey typically make more than $200,000 once they’re five years out of school but that rising tuitions and higher pre-MBA salaries mean it’s taking longer for them to get a solid payback on their investment. For a full breakdown of the rankings, click here. The rankings issue of Forbes will be on newsstands tomorrow.
Tuesday, August 04, 2009 Trivia Tuesday: Supporting Entrepreneurship at Stanford GSB Welcome to another edition of Trivia Tuesday, our weekly examination of the distinguishing details of MBA programs. This week we turn our attention to the campus support – both formal and informal – for Stanford MBA students interested in creating their own ventures. Stanford devotes considerable resources to the examination of entrepreneurship and support of students and graduates seeking to launch their own companies. The GSB’s Center for Entrepreneurial Studies (CES) was founded in 1996 and today supports ten associated faculty members in publishing articles in scholarly journals, composing cases for use in instruction, and designing courses to introduce students to entrepreneurial issues. The Center also provides students with opportunities for practical experience. Through the Entrepreneurship Summer Program, students who are interested in spending the summer working in an entrepreneurial environment are matched with small companies seeking summer interns. These organizations can post their available jobs to the CES or Career Management Center, and students may also initiate contact with a company that meets the program’s criteria. Because fledgling companies are often unable to offer competitive internship salaries, the Center provides funding so that participants are able to earn close to the median for first-year interns across industries. As part of the summer internship program, mentoring relationships are arranged between the student and an employee – or even the founder – of the sponsoring company, and this mentor and intern work together to understand the issues and challenges specific to a small organization. In addition to their basic summer responsibilities, the interns also complete a report on their experience, attend one or more CES-organized gatherings and events at various points in the summer, provide CES with feedback on the program, and participate in a conference during the first quarter of their second year. No matter what their long-term goal or short-term destination, a high percentage of students attending Stanford GSB are interested in issues of entrepreneurship and take advantage of the MBA program’s resources and opportunities. With over 300 members – well over one-third of the student body – the student-run Entrepreneur Club is known for attracting top-notch speakers and organizes one of the most popular annual conferences on campus. One element of Stanford’s program that students describe as remarkable is the extent to which classmates support and inspire one another. Because of the school’s noted strength in entrepreneurship, it is common for incoming students to matriculate with a business plan or idea for a company already in mind. Due to the program’s small size, students tend to become aware of each other’s plans and aspirations, and report that someone’s enthusiasm for and focus on a business idea can be infectious. This applies to their time on campus, when students might become so excited about a business plan formulated for a class exercise that they commit to pursuing it after graduation, as well as to the alumni years, when graduates keep track of, promote, celebrate and even invest in their peers’ endeavors. For more on Stanford’s support for entrepreneurship, be sure to check out the Center for Entrepreneurial Studies website or the Clear Admit School Guide to Stanford!
Tuesday, July 14, 2009 2009-2010 Versions of Fuqua, Haas, LBS, MIT Sloan, NYU Stern and Ross School Guides Now Available! We’re pleased to announce the release of the 2009-2010 versions of another six of our 18 Clear Admit School Guides, our line of informative reports about the leading business schools. The Clear Admit School Guides provide detailed information on all aspects of the student experience at a leading MBA program, and offer a comparison of the schools in such areas as student demographics, curricular structure and employment statistics. Dubbed by readers as the ‘Consumer Reports’ of the b-school universe, the Clear Admit School Guides present an objective view of what each school offers and what makes each unique. Available for immediate purchase and download are the 2009-2010 versions of Fuqua, Haas, London Business School, MIT Sloan, NYU Stern and Ross. Also available are the updated versions of Chicago Booth, Columbia, Harvard, Kellogg, Stanford and Wharton, which were released earlier this month. These titles include the most up-to-date information about the programs, including the latest admissions guidelines, class demographics and placement statistics, and insight into year-by-year trends. More information on the Guides’ contents and the online ordering process is available in the School Guides section of our website. Updated versions of the remaining six School Guide titles (Anderson, Darden, INSEAD, Johnson, Tuck and Yale) are slated for release later this month, so stay tuned to this blog for more details!
Wednesday, July 08, 2009 Stanford GSB 2009-2010 Application Now Available In a post to its MBA Admissions Blog on Monday, the Stanford Graduate School of Business (GSB) announced that the application for the Class of 2012 is now available. To view it in its entirety, click here. As a reminder, Stanford has pushed its Round 1 application deadline forward for the fall. The new deadline is October 7, 2009. According to Monday’s post, the Admissions Committee also may extend interview invitations earlier this year. “As always, we encourage you to review our website soon and submit your application as early as possible within the round you choose to apply,” advised the post. Application deadlines for later rounds are as follow: Round 2: January 6, 2010 Please note, applications are due by 5 p.m. PT on the date stated for each round. This year’s essay questions are as follow:
Essay 1: What matters most to you, and why? Essay 2: What are your career aspirations? How will your education at Stanford help you achieve them? Essay 3: Please select two of the questions listed below: A. Tell us about a time when you built or developed a team whose performance exceeded expectations. An applicant’s answers to all four questions may not exceed 1,800 words in total. As a guideline, the application materials suggest allocating 750 words to the first essay, 450 words to the second, and 300 words each to the two responses to the third essay questions. That said, applicants can choose to write as little or as much as they like in response to each question provided they remain within the 1,800 total word count. “Each of you has your own story to tell, so please allocate these 1,800 words among the essays in the way that is most effective for you,” read the directions. For complete application information, visit the Admission section of the Stanford GSB website. The Clear Admit team’s analysis of this year’s Stanford essay questions and how best to approach them will appear in this space soon, so check back often.
Wednesday, July 01, 2009 Clear Admit School Guides 2009-2010: Chicago Booth, Columbia, Harvard, Kellogg, Stanford and Wharton We’re pleased to announce the release of the 2009-2010 versions of six of our 18 Clear Admit School Guides, our line of informative reports about the leading business schools. For those who are unfamiliar with these publications, the School Guides offer in-depth information on all elements of the student experience at a leading MBA program, and compare the schools side-by-side in areas such as student demographics, curricular structure and employment statistics. In the School Guides, we distill the MBA programs’ marketing messages and delve into the facts to deliver an objective view of what each school offers and what makes each unique. Available for immediate purchase and download are the 2009-2010 versions of Chicago Booth, Columbia, Harvard, Kellogg, Stanford and Wharton. These School Guide titles feature the most current information from the programs, including the latest admissions guidelines, class demographics and placement statistics, and offer some insight into year-by-year trends. More information about the Guides’ contents and about how to order is available in the School Guides section of our website. Updated versions of the remaining 12 School Guide titles (Anderson, Darden, Fuqua, Haas, INSEAD, Johnson, LBS, MIT Sloan, NYU Stern, Ross, Tuck and Yale) are slated for release later this summer, so stay tuned to this blog for more details!
Tuesday, June 09, 2009 Trivia Tuesday: International Consulting Opportunities at Cornell/Johnson, Stanford GSB and Wharton As business goes global, more MBA students are looking for ways to gain international experience. A number of leading business schools now offer students an opportunity to gain in-country experience while using their knowledge of business to help address pressing social issues. Today we’ll take a closer look at the programs offered by the Johnson School of Business at Cornell, Stanford’s Graduate School of Business, and the Wharton School at UPenn. At Cornell, Johnson’s Center for Sustainable Global Enterprise sponsors a variety of experiential learning opportunities, inviting students to spend their breaks consulting on sustainability-related projects in emerging markets. In 2005, students traveled to Senegal, where they created strategies to improve the potential of ecotourism in the Parc National des Oiseaux du Djoudj, a sanctuary for migratory birds. In 2006, participants explored the possibility of a mixed-use ecotourism project in Costa Rica. At Stanford, the school’s Global Management Program organizes the Global Management Immersion Experience (GMIX), a month-long internship that takes place at the end of the first summer, usually after a longer traditional internship. Sponsor organizations range from international companies to small startups and non-profits, and they generally seek students to work on a focused project over the course of a few weeks. Following the international experience itself, students complete a research project and compose a paper on a topic related to their internship, earning two units of credit. At Wharton, the school’s International Volunteer Program (IVP), a non-profit, student-run organization, has helped small teams of student volunteers arrange consulting engagements with charitable institutions in developing countries for more than 20 years. These summer trips usually last two to four weeks; sixty MBA students worked on 19 projects in 15 countries during the summer of 2006. The club’s annual fundraising efforts usually generate enough money to cover most of the travel and organizational costs of the program for participants. In addition to the standard IVP trips, the Healthcare Alumni Association also organizes several International Volunteer Projects open to both students and alumni. During the summer of 2006, these projects included building a Wellness Center in South Africa, supporting a program for genocide survivors living with HIV/AIDS in Rwanda, and developing microfinance projects in Tanzania and the Marshall Islands. For more information on the international consulting opportunities at the leading schools, be sure to check out their websites or the International Focus and Special Projects sections of the Clear Admit School Guides!
Friday, May 29, 2009 Garth Saloner Named Dean of Stanford Graduate School of Business Earlier this week, Stanford GSB announced the hiring of Garth Saloner as their new dean. He will replace Robert Joss, who has served as dean for the past decade and was responsible for both the development of a new curriculum as well as the launch of construction of new state of the art facilities. Saloner has been teaching at Stanford since 1990 is presently the Jeffrey S. Skoll Professor of Electronic Commerce, Strategic Management and Economics. He has also served as the director of the Center for Entrepreneurial Studies at the Graduate School of Business and has been integral in the launch of the new curriculum. Saloner holds a PhD in Economics, Business and Public Policy from Stanford University and is one of only two faculty members to have been awarded the Distinguished Teaching Award at the GSB twice (1993 and 2008). He looks to build upon the momentum generated by Robert Joss as the school continues to forge into new territory with their curriculum and gets set to open its new facilities in 2010-2011. For more information on the history of the Stanford Graduate School of Business as well as all the details regarding the school’s innovative curriculum, read the Clear Admit School Guide to Stanford GSB. The full press release issued by the school is listed below: May 26, 2009 STANFORD GRADUATE SCHOOL OF BUSINESS —Economist Garth Saloner, a scholar of entrepreneurship and business strategy, will be the next dean of Stanford University’s Graduate School of Business, President John Hennessy and Provost John Etchemendy announced today. Saloner, 54, who joined the Stanford faculty in 1990, is the Jeffrey S. Skoll Professor of Electronic Commerce, Strategic Management and Economics, and a director of the Center for Entrepreneurial Studies at the Graduate School of Business. He will succeed Robert Joss, who is stepping down after 10 years as dean. Saloner’s appointment is effective September 1, 2009. “Over nearly two decades at Stanford, Garth Saloner has demonstrated that he is not only a top-notch scholar, but also a respected leader among his peers and distinguished teacher highly-praised by his students,” Hennessy said. “His scholarship in the areas of entrepreneurship and electronic commerce is particularly pertinent to our times and the global economy.” Etchemendy said Saloner has been a leader in the evolution of management education. “Garth Saloner helped to lead the development and transition to a new curriculum that is truly reinventing the path to an MBA,” Etchemendy said. “In his own words, this new curriculum is the ‘innovation of the MBA.’ As dean, Garth will ably continue the momentum generated by Dean Joss and maintain the research excellence of our business school.” Saloner said he welcomes the challenges ahead. “The Stanford GSB has the opportunity to prepare future generations of principled critical analytical thinkers whose actions can change the world. Through our research, we will continue to develop the intellectual underpinnings of management and we will embody that knowledge in our teaching. From our sustainable new management center on the Stanford campus we will promote the free-flow of students, faculty, and ideas across disciplines and schools as we develop management knowledge and business leaders for the 21st century.” Saloner is known for his pioneering work on network effects, which underlie much of the economics of electronic commerce and business. Saloner’s research has focused on issues of entrepreneurship, e-commerce, strategic management, organizational economics, competitive strategy and antitrust economics. Much of his most recent work has been devoted to understanding how firms set and change strategy, in established firms and startups. Members of the search committee were impressed with the breadth of Saloner’s experience and widespread respect he has earned across the academic spectrum, according to committee co-chair John Roberts, John H. Scully Professor of Economics, Strategic Management, and International Business in the Graduate School of Business. “Garth Saloner is an outstanding teacher, a distinguished scholar and an experienced administrator with remarkable leadership skills, significant links to the business world and a global mindset,” Roberts said. “He should be a great dean.” Saloner is one of only two faculty members to have won the Distinguished Teaching Award at the Stanford business school twice, first in 1993 and again in 2008. He has taught courses in entrepreneurship, electronic commerce, strategic management, industry analysis, and competitive strategy to undergraduates, MBAs, the Sloan Program, PhD students, and in executive programs around the world. He is the Director of the Summer Institute for Entrepreneurship, a summer program for graduate students in non-business fields. Professor Saloner received a B.Com. and MBA (with distinction) from the University of the Witwatersrand in Johannesburg, South Africa. He received an MS in Statistics, an AM in Economics, and a Ph.D. in Economics, Business, and Public Policy from Stanford University between 1978 and 1982. He joined the faculty of the economics department at the Massachusetts Institute of Technology as an assistant professor in 1982 and was promoted through the ranks to the position of tenured full professor in both the economics department and the Sloan School of Management. He was one of the founders of the Stanford Computer Industry Project, a major study of the worldwide computer industry, funded by the Sloan Foundation, and a founder of the Center for Electronic Business and Commerce. He served the Business School as Associate Dean for Academic Affairs, and Director for Research and Curriculum Development from 1993-96. In 2006, he led the Curriculum Review Committee that undertook a major overhaul of the MBA curriculum, allowing students more flexibility in customizing their coursework. The Stanford Graduate School of Business, with a faculty that includes three Nobel laureates, has established itself as a global leader in management education and has built an international reputation based on educational programs designed to develop insightful, principled global leaders. Since its creation in 1925, the school has continued to innovate its curriculum and to build a faculty known for its cutting-edge research. It enrolls over 800 students in MBA, PhD and Sloan Master’s programs and has more than 100 tenure-track faculty and 50 lecturers and visitors. The school is currently constructing a new campus, the Knight Management Center, with 360,000 square feet designed to support a wider variety of teaching and learning methods and foster collaboration across disciplines. When completed in 2010-2011, the new campus of eight buildings around three quadrangles is expected to achieve the highest level LEED Platinum certification for environmental sustainability from the U.S. Green Building Council.
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MBA Twitter Index! We've created the MBA Admissions Twitter Index, a directory of applicants, current MBA students and b-schools on Twitter.Wiki MBA Admissions WikiThe Clear Admit Wiki is designed to allow b-school applicants to share their experiences through the application process. You can learn from others' experiences and contribute your own reports to the community. Below are the five most popular pages in the wiki: Wharton Interview Field Reports HBS Interview Field Reports Kellogg Interview Field Reports Chicago Interview Field Reports Columbia Interview Field Reports Discussion Boards BusinessWeek ForumsThe BusinessWeek Discussion Boards are another way to learn about the issues applicants face. Clear Admit hosts the Ask Clear Admit thread, which should help answer your questions. Here is a link to the original interface (for those of you who didn't like the recent upgrade). Also, here are the five most recent discussions taking place in the forum: Clear Admit is a featured expert in the BeatTheGMAT forums, answering questions from applicants across the globe. Feel free to ask us your questions in this forum! Here are the most recent posts: Clear Admit manages the Applying section of the StudyLink MBA discussion boards. Below are the five most recent posts to the GMAT Club message boards.
The student-2-student Discussion Boards are managed by Wharton. Here are the five most recent discussions. School-Hosted Blogs Straight from the source: aggregated posts from students and administration. Below are the seven most recent posts in school-hosted blogs. Individuals' Blogs A selection of the latest updates to MBA blogs compiled by Hella.MBA Applicants Bloggers by School The following are links to bloggers at each of the schools listed.Chicago Columbia Dartmouth / Tuck Duke / Fuqua Harvard Kellogg Michigan MIT / Sloan New York / Stern North Carolina / Chapel Hill Stanford Virginia / Darden Wharton Yale ESADE IESE INSEAD London Business School Community Blogs Bshoolers.comCommunity blog with MBA student and alum contributors. Forté Foundation MBA Diaries Video blog entries posted by women MBA students. Owen Bloggers Independent blog with content by Vanderbilt MBA students. Best of Blogging 2008-2009 Top Ten:
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