From Duke and Yale University’s new spots in MBA rankings and which MBA programs have produced the most billionaires, to programs geared toward women MBAs, lucrative compensation packages, and—everybody’s favorite—infographics, let’s dig into the latest in business school news.
Who’s rising in MBA rankings?
While Duke University’s Fuqua School of Business is basking in the glow of capturing top billing in last week’s new Bloomberg BusinessWeek MBA rankings, the biggest winners on the 2014 list are the near-dozen other MBA programs who made big strides.
The most noteworthy improvement belongs to Yale University’s School of Management, which jumped 15 spots to sixth place—its highest spot ever in any of the major (and many) rankings. (Poets & Quants)
Want to be a billionaire?
You’re in good company among the MBA crowd. Check out this list of MBA programs that have produced the most billionaires. None of the contenders will … Read full post
The process of applying to business school is scary, daunting, and exposing. It not only forces significant introspection, but it also demands promulgation of the findings. Then, once those findings have been packaged and delivered according to the requirements of the application package, there is a high likelihood of receiving at least one if not several rejection letters.
Even along the way, aspirants can come up against obstacles that prove insurmountable. For example, a great number of my students target high-profile business schools where the average GMAT score is at, near, or well above 700. These ambitious, intelligent, educated, and experienced individuals believe that they will be able to earn such a score with modest time and effort. Yet, what becomes clear to all who challenge the GMAT is that such scores are not nearly as easily obtained as once thought. In fact, some must face the harsh reality that … Read full post
Wharton’s essay prompts for this application season may seem a bit perplexing. At first glance, the two questions seem rather similar. However, the first is basically a question about what you hope to get from your MBA experience at the school, and the second is mostly about what you can give to the Wharton program. With only 500 words for Essay 2 to give the school a sense of your personality and experiences, you will need to think especially carefully about what you want to say. At other schools, an interview will give you the opportunity to share these parts of your profile, but Wharton’s group interview will not be the place for you to talk about yourself, so this essay is your opportunity instead. Proceed thoughtfully…
Essay 1: What do you aspire to achieve, personally and professionally, through the Wharton MBA? (500 words)
This essay prompt has the markings … Read full post
One of the most common questions we hear from applicants is “What type of candidate is HBS/Stanford/Wharton/Chicago Booth/etc. looking for?” Of course, the answer to that question is that schools do not want only one type of applicant. Instead, each school is seeking to assemble a diverse class and thus wants to be able to identify distinct qualities in each candidate.
Although trying to simplify a school’s approach to admissions (“Kellogg wants team players!”) can be appealing, you should avoid trying to fit some perceived mold, because doing so will only mask your true distinct qualities. Rather than pandering to a stereotype with regard to your personal/professional experiences or changing your stated goals to match an imagined bias on the part of an MBA admissions committee, you should spend a great deal of time brainstorming to best understand how you can showcase your … Read full post