For all those anxious Harvard Business School (HBS) Round 1 applicants still waiting to learn their fate, tomorrow will be a telling day, according to Managing Director of MBA Admissions and Financial Aid Deirdre Leopold. About 150 additional interview invitations will go out tomorrow, October 15th, adding to the roughly 800 invitations extended last week, Leopold shared in a recent post to her Director’s Blog.
Another group will also learn tomorrow that HBS wants to “further consider” their applications as part of Round 2. “We anticipate that there will be ~200 applicants in this group,” Leopold wrote, adding that the email communicating this decision will also provide information regarding a timetable and communication plan for this group. Continue reading…
Renowned Harvard Business School (HBS) Professor Michael Porter has launched a new tool that provides data on the presence of “clusters” – regional groupings of related industries – and regional economies throughout the United States. By providing a view of economic development through the lens of clusters rather than specific types of companies, industries or sectors, the new U.S. Cluster Mapping tool can help identify important links and potential synergies between technology, skills and information.
Porter launched the new tool, based on his path-breaking research, as part of a two-day conference called Mapping the Midwest’s Future, held late last month at the University of Minnesota. The conference drew business leaders, policymakers, economic development officials and academics from multiple Midwest states and Canadian provinces. Continue reading…
A new pilot loan program will provide expanded options for international MBA students at a number of top programs in the United States, according to a recent report in Poestandquants. The program, offered by Prodigy Finance, will extend to international students and U.S. residents with non-permanent status who are studying at 16 top schools, including Harvard Business School, the University of Pennsylvania’s Wharton School and MIT Sloan School of Management.
Especially in recent years, banks have been reluctant to lend to students who are studying internationally. Prodigy Finance seeks to fill this need using a “community finance” model. Basically, alumni from participating schools fund loans for current students, banking on the value of a degree from their alma mater and the likelihood that future alums will repay. Interest rates on the loans vary between 6 and 12 percent, depending on the school, the individual borrower’s profile and current rates. Continue reading…
Nonprofit organization Reaching Out will host a conference for lesbian, gay, bisexual and transgendered (LGBT) business school students and prospective applicants next week in San Francisco. The Reaching Out LGBT MBA Conference expects to draw more than 1,400 students, business leaders and recruiters for three days of events, including a full afternoon of programming for prospective LGBT MBA applicants. This year’s conference will take place from October 2nd through 4th.
Now in its 16th year, the Reaching Out MBA Conference was established to provides future lesbian, gay, bisexual and transgender leaders from around the world the opportunity to network, learn and improve their skills and advance in the business world. From its beginnings in 1999 as a student-run conference organized by students at Harvard Business School and Yale School of Management, Reaching Out has grown into a year-round operating organization “dedicated to educating, inspiring and connecting business students to impact change in the classroom and workplace.” Continue reading…
As anyone applying to Harvard Business School (HBS) knows only too well, Round 1 applications were due last Tuesday. As the HBS Admissions Committee has settled into reading applicants’ files, an antsy set of applicants has settled into wait.
HBS Dean of Admissions Dee Leopold devoted a post on her Admissions Director blog on Friday to letting the expectant candidates know how the next stage of the process will unfold.
Leopold’s team will send out invitations to candidates advancing to the interview stage in two batches next month, one on October 8th and a second on October 15th. The invitations, sent via email, will include detailed instructions on how to sign up for interviews, and HBS’s online interview scheduler will go live the day after invitations go out.
Candidates who will not be invited to interview will be notified of their “release” on October 15th as well, Leopold wrote.
About 100 to 150 Round 1 applicants may be placed under “Further Consideration,” Leopold noted. These candidates will be reviewed as part of Round 2, and they will be either invited to interview or released according to the Round 2 notification timetable.
Candidates invited to interview can choose to do so either on campus or in the following locations: New York City, Palo Alto, London, Paris, Shanghai, Tokyo, Dubai, Mumbai, Sao Paulo and Santiago. Leopold notes, though, that not all dates will be available in all locations. Skype interviews will be an option for those who cannot travel.
“We love having interviewees visit campus and will have a full day of get-to-know HBS activities, but the location of your interview plays no part in the selection process,” Leopold reminded applicants.
Good luck to everyone as you await your fate. For those who are invited to interview, don’t forget Clear Admit’s assorted resources, including the Clear Admit HBS Interview Guide and our HBS Interview Report page, where applicants can share their interview experiences and learn from those of others.
MBA@UNC, the online MBA program at the University of North Carolina’s Kenan-Flagler Business School, has created an in-depth infographic to help demonstrate the return on investment (ROI) of the MBA degree generally – as well as some specific benefits offered by online programs.
The infographic notes that 96 percent of MBA graduates rate the value of their degree as outstanding, excellent or good and would recommend a graduate management education to others, citing data from the Graduate Management Admissions Council. Three out of four of those surveyed by GMAC said they could not have obtained their current job without their degree. Continue reading…
The Clear Admit team knows that many of our readers are in the midst of finalizing their HBS applications as Tuesday’s first round deadline approaches. While we’re confident that our HBS essay topic analysis has been helpful and we know that you’re working hard, we wanted to make one more tool available to you before the deadline. As such, we are pleased to announce that for the next 72 hours, the critically acclaimed Clear Admit Harvard Business School Guide is free! Just download it from our shop and start reading on your desktop, laptop, iPad, Kindle or any other device you have.
Here’s what you’ll need to do:
1) Go to the HBS School Guide page and add it to your cart
2) Use this code at checkout: HBSSG14
3) Send us flowers, chocolates, or leave us a nice comment on this blog post to thank us
4) Tell your friends!
For those of you who don’t already know, the Harvard Business School Guide features 48 pages of in-depth information about life at HBS. Reading it will help you to:
- Become an expert on HBS overnight and use your knowledge to fine-tune a personal statement that will stand out in the admissions process
- Compare HBS head-to-head with Stanford, Wharton and other leading programs using objective data that goes beyond rankings and school-published marketing materials
- Prepare for your HBS admissions interview (and post-interview reflection essay) by knowing the school inside and out
Harvard Business School (HBS) has stated publicly for some time that it accepts both the GMAT and the GRE and does not prefer one over the other. In a bid to be even more transparent on the issue, HBS Admissions Director Dee Leopold devoted a recent post on her Director’s Blog to the matter.
To substantiate the claim that the school is agnostic in terms of a preference between the two tests, Leopold chose to reveal exactly how many applicants submitted each type of test score, along with how many of those applicants were ultimately admitted and matriculated. While the vast majority of applicants opted to submit GMAT scores, the percentage of matriculating admits as compared to total applicants broken out by test were within close range. Continue reading…
It started last week with one section challenging another at Duke’s Fuqua School of Business, ultimately leading to a school-wide dousing and a challenge issued to rival schools UNC Kenan-Flagler School, the University of Pennsylvania’s Wharton School and UVA’s Darden School. And the ice-cold water just keeps flowing (as do the donations).
The challenge, of course, is the ALS Ice Bucket Challenge that began going viral in late July and has amassed an incredible $79.7 million in donations to date (as compared to just $2.5 million during the same time period last year [July 29th to August 25th]). The ALS Association reports that it has gained 1.7 million new donors along the way.
Those who are challenged are supposed to have ice water dumped over their heads and then challenge others to do the same—or to make a donation to fight ALS—within 24 hours. In taking up the mantle, business school classes have called upon their peers to both endure the icy shower AND donate. Continue reading…
NEWS FLASH: Business school, especially at top schools, costs a ton. Okay, so that’s not really news. More notable is the fact that top schools want to make the MBA affordable, at least according to the most recent post on the Director’s Blog at Harvard Business School (HBS).
Earlier this week, HBS Admissions Director Dee Leopold devoted a post on her blog to the topic of financial aid, noting that HBS last year awarded $26 million in need-based financial aid and has plans to increase that amount for the Class of 2017. Continue reading…
Harvard Business School (HBS) has named a 2010 alumnus to direct its Social Enterprise Initiative (SEI), which seeks through an array of programs and activities to advance understanding of the management and leadership challenges organizations face as they work to create social value.
Matthew Segneri (MBA 2010) was named director of HBS’s SEI, which since its launch in 1993 has helped establish and promote the concept of social enterprise. He succeeds Laura Moon, who has become managing director of HBS’s wide array of Initiatives, which focus on research and course development in specific topics such as leadership, health care and digital technology. Continue reading…