Tag Archives: Business School News


Earlier this year, USC’s Marshall School of Business became the first major U.S. business school to enroll a class with as many women as men.

Now, Northwestern University’s Kellogg School of Management continues 2018’s trend of progress toward gender parity in the world of top B-schools, announcing that 46 percent of its newest MBA cohort are women. That figure is a record for Kellogg and a boost of 4 percentage points from last year.

The demographic statistics on Kellogg’s Class of 2020 were released as part of a profile of the school’s incoming full-time MBA…


For 35 years, Welcome Week has been a rite of passage for incoming students at INSEAD. Now, that tradition is coming under close scrutiny following official complaints filed with the Comité National Contre le Bizutage (CNCB), also known as the French National Committee Against Hazing.

With the CNCB initiating an investigation, INSEAD has announced that it is indefinitely calling off Welcome Week, which it describes as “a student-led set of activities that takes place over one-and-a-half days and introduces new students to the INSEAD culture and their senior classmates.”

Now under investigation is whether the process of introducing…


New York University’s Stern School of Business has become one of the first prominent U.S. business schools to release data on its full-time MBA Class of 2020. Admission to Stern’s MBA program remains competitive, with 23 percent of candidates landing a spot in the class.

Overall, Stern received 3,781 applications and sent out 876 offers of admission. The final size of this year’s cohort of enrolled MBA students is 375.

So what’s the typical academic profile of a student in Stern’s latest MBA class? The median GPA is 3.44 and the median GMAT score is 720.

Of course,…


Earlier this year, we wrote about how gender parity has been an elusive goal at top business schools in the United States. While some less prominent MBA programs have enrolled classes with 50 percent women, higher-ranked programs have generally failed to get their percentages past the low-to-mid 40s.

Recently, however, University of Southern California’s Marshall School of Business cracked that threshold in dramatic fashion. The school announced that its full-time MBA Class of 2020 would include 52 percent women.

That makes USC Marshall the first prominent business school in the U.S. to enroll an MBA program with…


Last month, University of California, Berkeley’s Haas School of Business announced that it was naming an interim dean while it extended its search for a new permanent dean.

Now, Northwestern University’s Kellogg School of Management is joining Haas in concluding that it apparently won’t have a permanent dean in place by the time its current dean steps down. The school has appointed Kathleen M. Hagerty interim dean, effective September 1.

Hagerty is a professor of finance who has been at Kellogg over 30 years. During her time at the school, she has been chair of the…


IMD has announced the winners in the “special edition” of its 2018/2019 Startup Competition. The ventures will now begin collaborating with members of IMD’s Executive MBA class, culminating in a trip to Silicon Valley to pitch for funding.

IMD launched its Startup Competition in 1998 and has since seen 400 ventures pass through the program. Each year, up to ten Swiss startups are selected to work with EMBA students at IMD.

Ventures and EMBA students collaborate for several months before traveling to Silicon Valley, where they pitch venture capitalists. So the startups receive support from EMBA students at…


Temple University’s Fox School of Business began this year the way any school with an online MBA program would want to: by securing its fourth straight year as the top-ranked program in U.S. News’s Online MBA Rankings.

As it turned out, though, Temple’s first-place finish was only the first chapter in a more complicated story. Later in January, U.S. News announced that it was retracting Temple’s gold medal and moving the program to its “Unranked” category.

The reason? Temple had misreported data to U.S. News. While the school claimed that 100 percent of online MBA applicants submitted…


Are you planning to apply to business school this year? Then you don’t want to miss this upcoming EXPARTUS webinar, “The No-nonsense Way To Get Admitted To Your Dream School”.

Webinar is scheduled for Tuesday, July 10th at 12pm EST.

In this one-hour webinar you will learn a ton of tips that you can put into practice to increase your application acceptance to your dream school.

You will learn:

  1. The Most Important Part of the MBA Application. We’ll break down each part of the application process and show you how you can strengthen…

University of California, Berkeley’s Haas School of Business has named Laura D’Andrea Tyson the school’s interim dean starting in July.

Tyson is a Haas professor and an economist whose research lately has focused on automation and the role of technological change in work. Tyson knows her way around Haas, having joined the Berkeley economics department in 1977 and the Haas school in 1990.

In fact, it’s hard to imagine anyone more obviously qualified to hold down the fort while Haas searches for a permanent dean. That’s because Tyson has been Haas’s dean before, from 1998 to 2001.

Clearly, she…


The University of Virginia’s Darden School of Business has opened its online application for the MBA Class of 2021 – and in doing so, the school announced several changes for this year’s admissions season.

The first will affect students who know they’re set on Darden and want to get ahead of the game. What’s the same as previous years is that Darden will keep its usual three rounds of admissions, with deadlines of October 4, January 10 and April 3.

What’s new is that Darden is adding an early action round with a September 7 application deadline. The…


The Stanford Graduate School of Business offers a top tier MBA education with the benefits of gorgeous year-round weather, a flexible curriculum, and proximity to Silicon Valley.

If your heart is set on Stanford, the cost of attendance will set you back approximately $225,000+ according to most recent figures. Stanford has stated its commitment to providing need-based aid but expects its matriculants to contribute to the cost of attendance through loans and other means.

If taking out loans is not an attractive or potential option for you, continue reading for more information about Stanford MBA Fellowships. Be sure…


Where do students turn for information about MBA programs? Which programs have the best rapport with applicants? Answers to these questions and several others come from survey results just released by the Association of International Graduate Admissions Consultants (AIGAC).

This year’s AIGAC survey gathered responses from almost 2,000 MBA candidates over the course of a month. The survey asked about candidates’ expectations for the admissions process, where those expectations came from, and whether they were met.

For business schools themselves, the first takeaway from the survey is probably that it pays to have a good site. As it turns…


For those on their way to business school, an MBA is the classic option, and for many it’s still the best option. But it’s not the only one.

Top business schools also offer a variety of master’s degrees. Some, like the Master in Management, are general management degrees while others, like the Master in Finance, target specific skills.

Recently, business master’s degrees have been on the uptrend. Many of these programs are shorter, cost less, require less work experience, and can provide a concentrated boost early in graduates’ careers. As the statistics show, different graduate business degrees tend to…


Stanford Graduate School Business has named a list of students that it is recognizing with awards and fellowships for social innovation.

Of these awards, the one that packs the most financial punch is the Social Innovation Fellowship, which provides a stipend of $110,000 over the course of the year to a graduating Stanford GSB student.

This year, two Social Innovation Fellowships were awarded, to Claire Fisher, an MBA student, and Sarah Craig, a student in Stanford GSB’s Master of Science for Experienced Leaders (MSx) program.

Both Fisher and Craig are launching social ventures focused on education….


If you’re planning on making business school a part of your career path, it can be challenging to decide when to start the actual application process. How much time do you need to prepare for the GMAT? When should you ask people if they will write a recommendation letter for you? How long does it take to write a good MBA application essay?

Here’s the reality: if you know you want to go to business school, whether you’re planning on applying in the fall or just some time down the road, start working on your application now.

Don’t underestimate how…


One point for “Cal” in their running rivalry with Stanford.

The occasion is the University of California, Berkeley Haas School of Business’s victory over Stanford Graduate School of Business in the annual “Golden Shovel” competition.

In the competition, sponsored by the National Association of Industrial and Office Properties, teams representing Haas and Stanford GSB develop proposals for a commercial real estate project over the course of a semester.

This year, the project at hand involved the Warm Springs Bay Area Rapid Transit (BART) station. Both teams drafted proposals on how to best design and finance…


2018-2019 Harvard Business School MBA Application Essay Tips

Harvard Business School MBA application for the 2018-2019 season is ready! The essay question is staying the same. The HBS essay that applicants have to answer this year is:

As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA program?

HBS applicants are also advised to write as little or as much as they need to when answering this question. They also are instructed to not over think or over craft the process and to write…


HBS has moved to two application deadlines instead of three by eliminating the third round deadline.

Only 2+2 candidates can apply during the third round.

Historically, most top MBA programs in the US have had three rounds and this recent move by HBS is a departure from the norm for US schools. It will be interesting to see if other schools like Stanford GSB and Wharton will move towards a similar strategy.

This is a smart move on the part of HBS because it enables the adcom to see the entire pool by January instead of extending this process…


Many students choose to use B-school as an opportunity to go abroad in order to receive training, develop connections, and even launch a career in a country other than the one they’re from. So do some schools tend to attract an especially high proportion of international students?

It turns out there’s a significant gap between schools in the United States and in Europe when it comes to international students. While top B-schools are highly international places, this is even more true of top B-schools in Europe.

Take the top three European MBA programs in Financial…


Financial Times has released their 2018 ranking of the top MBAs for a career in finance. The list takes the top schools from FT’s Global MBA rankings and orders them based on how many students from each school go on to find jobs in finance and banking, or at fintech startups.

This year, FT’s top ten MBA programs for working in finance are:

  1. Stanford Graduate School of Business
  2. University of Pennsylvania Wharton School
  3. University of Chicago Booth School of Business
  4. Harvard Business School
  5. New York University Stern School of Business
  6. MIT…

University of Virginia’s Darden School of Business has raised $2 million that it will use to launch a research center focused on leadership development.

The Initiative for Transformational Leadership and Learning will begin as an initiative working to develop new forms of leadership education.

According to Darden, the initiative’s first tasks will be to “to develop and implement a scientifically verified curriculum and learning laboratory devoted to leading-edge leadership development.” This work in leadership education will be incorporated into Darden’s curricula, such as the MBA program.

“Over time,” says Darden dean Scott Beardsley, “we plan on…


Business schools have become increasingly interested in the rise of big data in recent years. Now, University of Michigan’s Ross School of Business is joining the party with a new Data and Business Analytics concentration for full-time MBA students.

The new concentration, which will be offered beginning this fall, is designed to give students an opportunity to focus on big data in-depth, developing their analytical skills and their ability to apply data-based techniques to business.

By launching the concentration, Ross intends to “meet the needs of today’s MBA student as well as today’s evolving business world,”…


Harvard Business School has announced the winners of its 21st annual New Venture Competition, in which businesses founded by HBS students and alums made pitches for $315,000 in cash prizes.

The New Venture Competition is divided into three tracks: student businesses, alumni businesses, and student social enterprises. This year, competition was fierce: these three categories drew 127, 164 and 69 entrants respectively.

Within each category, teams compete for a $75,000 grand prize, a $25,000 runner-up prize, and a $5,000 crowd favorite prize. Besides the cash prizes, the competition includes prizes of in-kind services from sponsors like…


It’s a great time to be a woman in business. According to a report by the Forté Foundation, the percentage of women enrolled in full-time MBA programs has been steadily increasing over the past few years. In 2011, women represented only one-third of all MBA students. Now, at top MBA programs across the country, such as Tuck, Booth, Haas, HBS, Kellogg and Yale, the percentage of women enrolled as MBA students is 40% or higher. 

With research reports and investigation stories on the issues of gender parity in the workplace, and the underlying factors behind traditionally male-dominated…


University of Toronto’s Rotman School of Management has announced a $6 million gift that will be used to strengthen the school’s programs in the areas of healthcare and life sciences.

The donation, which is from the Rotman family, will enable the school to extend its healthcare-related teaching and research as well as provide additional opportunities for students.

For example, the gift endows three new chairs or professorships. One of these is in Artificial Intelligence and Health Care. A second is in Health Economics, Policy and Evaluation. The third is in Life Sciences Commercialization. 

In addition to the chairs…


A team of four students from Yale School of Management has won the 2018 INNOVATEChina case competition with an app that connects older adults in China with social activities.

Comprised of three MBA students and one Master of Advanced Management student, the team extends Yale SOM’s winning streak in the INNOVATEChina competition. Yale students have now won the competition three years in a row. 

Held at China Europe International Business School (CEIBS), the competition brings together teams from top business schools around the world. Out of 60 teams this year, the six finalists included students from…


MBA Programs With the Most Female Students 

MBA applications from female students are up six percentage points (to 39 percent) since 2013, according to data from GMAC. Still, gender parity remains an elusive goal at top business schools.

Among top MBA programs, University of Pennsylvania’s Wharton School and Dartmouth College’s Tuck School of Business have the most balanced ratio of women to men, at 44 percent women. And top  B-schools are increasingly cracking the 40 percent mark. 

The 50 percent threshold, though, has proved harder to attain. Out of the highest-ranked MBA programs in the United States,…


When you picture an MBA classroom, you might not immediately picture extreme landscapes like Patagonia or the Andes, but that’s exactly where students at University of California, Berkeley’s Haas School of Business went as part of a new leadership course offered by the school.

The course, called Extreme Leadership, grew from a trek a group of Haas students took together in Antarctica. During the trip, the students saw how being outdoors in extreme environments put their leadership skills to the test.

When they got back, they approached Haas professor Omri Even-Tov about creating an independent study in…


Paying Your Way through a Booth MBA

The University of Chicago’s Booth School of Business has been getting excellent press lately. With its climb to the #1 spot, shared with Harvard, it is undoubtable that Booth will enjoy a healthy spike of applications in the cycles to come.

Similarly to other business schools of like caliber, a Booth MBA is not cheap. The estimated cost of attendance is around $207,518 for the 2-year degree.

While the Booth School of Business does not currently offer need-based financial aid, it has been very strategic about attracting top MBA candidates with generous scholarship…


Sometimes the best resource MBA students have is each other, and the William P. Lauder Leadership Fellows Program at University of Pennsylvania’s Wharton School puts that idea into action. The program trains second-year MBA students at Wharton to teach and mentor first-year students.

 Now, the Leadership Fellows Program is going to have a little extra cash to work with thanks to William P. Lauder, who has endowed the program with a $4 million donation.

Lauder, former CEO and current executive chairman of The Estée Lauder Companies, is already highly involved in the Wharton community. He…