Tag Archives: Business School News

As the spring 2018 cohort at UC Berkeley’s SkyDeck startup accelerator gets down to work, they have an additional tool at their disposal: the opportunity to collaborate with MBA students at the university’s Haas School of Business.

That’s thanks to the Haas Startup Squad, which has started matching MBA students looking to get involved in startups with startups looking for people with business skills.

The project was started by Ludwig Schoenack, Class of 2019, who arrived on campus…

In early January, teams from top business schools converged on Deloitte University, Deloitte’s leadership development center in Dallas, TX.

Representing schools from MIT’s Sloan School of Management to Berkeley’s Haas School of Business, the teams were gathered for a shot at winning $20,000 of scholarship money in Deloitte’s annual MBA Case Competition.

Ultimately, it was the four-person team from New York University’s Stern School of Business that came out on top. In the eighth year of the competition, Denitsa Kosharova, Kelly Williams, Eric Gioseffi and Utkarsh Satyawadi managed to secure Stern’s first win.

That accomplishment is…

Stanford Graduate School of Business has announced some of the steps it will take to improve transparency and move forward from a controversy surrounding its financial aid process that became public in late 2017.

Last November, it emerged that between the years 2008 and 2016, Stanford GSB had been distributing financial aid based on criteria other than financial need, despite the school’s claims that it was following a purely need-based policy.

Now, in a letter posted on the school’s website, assistant dean of MBA admissions and financial aid Kirsten Moss has outlined steps the school is…

Financial Times has released it’s 2018 Global MBA Ranking – which is good news for Stanford Graduate School of Business, this year’s first-place winner. Here are FT’s top ten MBA programs this year:

– Stanford Graduate School of Business
– INSEAD
– Wharton School, University of Pennsylvania
– London Business School
– Harvard Business School
– Booth School of Business, University of Chicago
– Columbia Business School
– China Europe International Business School
– MIT Sloan School of Management
– Haas School of Business, University of California, Berkeley

In snatching the number one spot, Stanford GSB managed to dislodge INSEAD, which has grown comfortable in its place at…

Occasionally, applicants take a less honest approach to business school applications. They write their own letters of recommendation or pay other people to write their application essays for them. What could possibly go wrong?

According to Financial Times, B-schools are increasingly fed up with having to deal with ghostwritten essays and recommendations, and they’re taking steps to crack down. These steps range from speaking to recommenders directly to reaching out to candidates via email for quick writing samples.

The most basic technique, though, is looking for discrepancies in the essays and recommendations themselves.

Pristinely written essays from an applicant…

It’s the beginning of a new year, and that means a new set of online MBA rankings from U.S. News & World Report.

U.S. News’s decision to keep an annual ranking of online MBA programs reflects the rising popularity of online MBAs. Not everyone can afford to leave their job or their life for B-school, so online MBAs are an excellent opportunity for those who would otherwise find it difficult to enroll in MBA programs.

According to the U.S. News online MBA rankings, the top online MBA in the…

The University of Virginia’s Darden School of Business has announced the Indonesia Fellowship, which will give full financial support to select MBA applicants from Indonesia. The fellowship is funded by the Rainbow Foundation, an organization based in Jakarta.

Besides tuition and fees, the fellowship is intended to cover living costs and other study costs, like textbooks and a computer.

Dawna Clarke, executive director of admissions and financial aid at Darden, summarized the scholarship as “an incredibly generous offer for talented students from Indonesia.”

According to Clarke, “The level of funding the fellowship provides exceeds that provided by…

Want to work at McKinsey? If so, you could do worse than an MBA from Columbia Business School. McKinsey was the top employer among both Class of 2017 grads and summer of 2017 interns from the school, hiring 55 and 25 respectively.

That’s according to Columbia Business School’s 2017 employment report, which includes information on where Columbia MBAs got hired, what jobs they did, and what salaries they made in 2017.

Most commonly, financial services and consulting were the industries of choice among 2017 Columbia grads when they hit the job market. Specifically, 34.4 of the Class…

New York University’s Stern School of Business has been on the hunt for a new dean for more than half a year, and they’ve now made their pick. The school announced this week that Rangarajan “Raghu” Sundaram would become the new dean, effective January 1.

In the course of their search, the school ultimately found their preferred candidate at Stern itself.

According to Andrew Hamilton, president of NYU: “Stern’s reputation is such that it had an outstanding group of candidates for the dean’s post. But in the end, the Search Committee found the best candidate here…

Harvard Business School has held onto its first-place spot in Bloomberg Businessweek’s ranking of MBA programs in the United States. Meanwhile, Wharton and Sloan are ascendant, taking over second and third place respectively.

Here are Bloomberg’s top ten:

– Harvard Business School
The Wharton School
Sloan School of Management
Booth School of Business
Stanford Graduate School of Business
Fuqua School of Business
Tuck School of Business
Kellogg School of Management
Columbia Business School
Jones Graduate School of Business

Both HBS and Booth are unchanged in their rankings from last year,…

What do FastFloss, the “comfortable, easy and quick way to floss all your teeth at once” and Waypoint, a system that uses “augmented reality to train frontline workers on complex process using holographic workflows,” have in common?

That’s easy – both are projects that have been selected to participate in Harvard Business School’s Rock Accelerator Program!

The founders of these ventures are among 15 teams in this term’s Rock Accelerator cohort.

Overall, 44 teams applied to the accelerator program this year. To be eligible, teams must include at least one member who is a current HBS MBA student.

The…

University of California, Berkeley’s Haas School of Business has announced that 13 MBA students are the recipients of this year’s Haas Finance Fellowships. These fellowships provide funding to students who have demonstrated an interest in various areas of finance.

This year’s awardees include three Investment Banking Fellow, four Entrepreneurial Finance Fellows, and four Investment Management and Quantitative Finance Fellows. These fellowships come with $5,000 awards that students apply for in the fall and receive in the spring.

Additionally, two of the Finance Fellows are CJ White Fellows. This award, for students pursuing careers in finance, includes up…

The Economist has released its 2017 ranking of full-time MBA programs. This year, Kellogg has grabbed the number one spot. Overall, the top ten are:

– Kellogg School of Management
– Booth School of Business
– Harvard Business School
– The Wharton School
– Stanford Graduate School of Business
– UCLA Anderson School of Management
– Haas School of Business
– Tuck School of Business
– Columbia Business School
– Darden School of Business

Like last year’s ranking, this year’s ranking stands out in that two schools from the Chicago area took the top honors.

What’s different this year, though, is that Kellogg and Booth have swapped places,…

A team of students from the Wharton School have won Tesla’s first MBA case competition, which means they will be offered internships at Tesla this summer.

Held at Dartmouth College’s Tuck School of Business, the competition brought together a dozen teams from business schools on multiple continents.

The starting point for the Tesla case competition was a fairly general question: what new features could improve Tesla customers’ experience?

Writing in the Wharton Journal, Wharton’s team explained that they began with extensive research. They polled their entire Wharton MBA class, with about a quarter of students responding. They…

Financial Times has released its 2017 ranking of Executive MBA programs, with the Kellogg-HKUST EMBA program holding onto its number one place from last year. The top ten programs on FT’s list are:

– Kellogg-HKUST
– EMBA-Global Asia
– Tsinghua-INSEAD
– EMBA-Global Americas & Europe
– TRIUM
– Antai College of Economics and Management
– Olin Business School
– INSEAD
– Saïd Business School
– ESCP Europe

There are some noticeable changes from last year’s EMBA ranking. For example, EMBA-Global Americas & Europe has risen from eighth to fourth, while INSEAD has correspondingly dropped from fourth to eighth.

The most significant change to the top ten, though, is the…

Duke University’s Fuqua School of Business has announced that Shari Hubert will be the school’s new associate dean of admissions. Hubert joins Fuqua after five years as head of admissions at Georgetown University’s McDonough School of Business.

Fuqua has been looking for a new associate dean of admissions since Hubert’s predecessor left in the spring. According to Russ Morgan, senior associate dean for full-time programs at Fuqua, “Shari stood out in an incredibly talented and competitive pool of candidates.”

Morgan said that “Shari is a terrific fit within our culture. She is a demonstrated collaborative…

Forbes’s latest round of MBA rankings is out, with pleasant surprises for IMD and Wharton in particular. Forbes divides their rankings into three categories: United States MBA programs, international one-year MBA programs, and international two-year programs.

In the international one-year category, IMD came out on top:

1.IMD

2.INSEAD

3.IE Business School

4.Cambridge (Judge)

5.SDA Bocconi

Among international two-year programs, London Business School placed first:

1. London Business School

2.IESE

3.CEIBS

4.HEC Paris

5.ESADE

Finally, for U.S. schools, Wharton took first place:

1. Wharton

2.Stanford GSB

3. Harvard Business School

4. Northwestern (Kellogg)

5. Dartmouth (Tuck)

So how are these rankings determined? As it turns out, Forbes’s…

Two graduates of Harvard Business School’s MBA class of 1992, Jeannie and Jonathan Lavine, have donated $12.5 million to the school, the largest donation toward scholarship aid in HBS history.

Out of the $12.5 million, $10 million will go to the Lavine Family Fellowship Challenge Fund, which will match scholarship donations. An additional $500,000 will go to the HBS Fund.

Finally, $1 million each will go toward creating two scholarships, the Lavine Family Fellowship and the Herbert J. Bachelor Fellowship.

The latter fellowship is named in honor of Jeannie’s father, who was a first-generation college student and received…

Classes are underway at University of California, Berkeley’s Haas School of Business, which means the school’s new $60 million building, Chou Hall, is now in use.

The building boasts a range of high-tech features like microphones in the desks. Perhaps most impressive, though, are the building’s green credentials.

Chou Hall, which Haas says is “on track to be the country’s greenest academic building,” is the first academic building in the United States built to the standards of LEED Platinum Certification.

The building’s design includes energy-efficient heating and lighting systems, as well as cisterns to collect rainwater…

The Class of 2019 at University of Michigan’s Ross School of Business includes a CIA economic analyst, a nationally ranked chess player, and a major in the Indian Army.

If that’s not enough, it also has New York Times project manager, someone who raised money to open a 15-bed shelter for LGBTQ kids while he was in college, and an aerospace engineer at NASA.

These tidbits might suggest to you that Ross’s latest class is both highly accomplished and diverse – and you’d be right.

Ross is quick to point out that its latest cohort has the highest…

You might think a 730 GMAT and a 3.69 GPA is pretty good. But if you’re an MBA student at Yale School of Management, it’s just enough to make you average! And even a 760 GMAT and 3.94 GPA lands you in the middle 80 percent.

That’s according to data released on the school latest MBA class. Overall, the numbers paint a picture of a highly accomplished class, with the middle 80 percent of GMAT scores ranging from 690 to 760 and the middle 80 percent of undergrad GPAs between 3.38 and 3.94.

For those who took…

The University of California, Berkeley’s Haas School of Business has welcomed its MBA Class of 2019. And at 284 students, it’s the school’s largest MBA class yet!

If 284 people doesn’t seem like an overwhelmingly large student body to you, you’re right – Haas is known for its small MBA class sizes.

But while the school’s MBA class has grown in quantity, it doesn’t seem to have sacrificed any quality. According to data from the school, this year’s average GMAT score is up to 725, and the average GPA is now at 3.71.

This year’s GMAT scores…

Basketball legend Kobe Bryant and former Web.com CEO Jeff Stibel might seem like an unlikely pair. But the two have just announced that they’re joining forces to launch Bryant Stibel, a $100 million venture capital fund based in Los Angeles.

With the announcement, Bryant joins other basketball stars like Shaquille O’Neal and Carmelo Anthony in trying his hand at tech investing. Bryant and Stibel have made several investments together going back to 2013, but the fund’s debut marks a growing joint commitment to tech investing.

On August 22, Bryant and Stibel made an appearance at the New York Stock Exchange, making…

University of Michigan’s Ross School of Business has launched its 2016 Impact Challenge, an annual program in which first-year MBA students turn their skills toward making a positive social impact.

This year, Ross students will team up with 20 Detroit food entrepreneurs to design ventures that will increase food access and promote health.

During the challenge, which takes place over the course of four days, students will also visit local businesses, hear presentations, and attend a regional food fair. The experience leads up to a competition in which teams pitch their ventures to a jury consisting of business leaders…

HBX, Harvard Business School‘s online learning initiative, has unveiled a finance certificate program that will enroll its first cohort this fall.

HBX Finance: Leading with Finance is designed for business leaders interested in a more in-depth knowledge of finance and financial professionals looking to advance their careers. Created by Mihir A. Desai, a professor at both HBS and Harvard Law School, the course will take place over 6 weeks.

To be eligible for the certificate program, applicants must have 10 years of work experience and a college degree. Alternatively, they can complete HBX’s Credentials of Readiness (CORe) program, which…

Lower tuition costs are a selling point for MBA programs outside the U.S. But some schools are starting to bring their fees more in line with U.S. schools, and they’re finding it doesn’t necessarily deter applicants.

This week Financial Times covered recent changes at McGill University’s Desautels Faculty of Management in Canada and Vlerick Business School in Belgium. The report highlighted an interesting pattern: after dramatically increasing their tuition, these schools are attracting more applicants.

At Desautels, tuition last year nearly quadrupled from $22,000 Canadian to $79,500 Canadian (about $62,500 US right now). This made the program entirely self-funded rather than…

skype

According to a  recent article in The Wall Street Journal there is an interesting trend taking place among MBA programs.

Programs are opting to forgo alumni interviews and instead increase the number of admission committee interviews.

Given the handful of horror stories that I’ve heard from applicants about alumni interviewers, this trend is good news for MBA candidates!

They will no longer be up against unprepared (and sometimes even rude) alumni interviewers.

Trained admissions interviewers know to steer clear of any inappropriate questions too.

And with the admission committee asking the questions, inquiries will be targeted to the specific candidate, making it much easier for…

combined-md-mba

A doctor who is also a businessman. An MBA student with a medical degree.

To the more pessimistic, these descriptors might seem to be a contradiction in terms.

To the optimistic, they represent a formidable combination that is particularly equipped to handle a rising demand.

Many top business schools offer concurrent degree programs that encourage students to combine their MBA studies with traditional medical school programs.

These joint degree programs allow students to obtain both degrees in less time than it would take to pursue them separately.

For example, Wharton Business School offers a “Combined Degree and Physician Scholar Program” involving three years…

innovation

A few weeks ago, Forbes released their findings on “The Best Business Schools,” a biennial ranking of MBA programs
based on the return on investment of prior graduates.

While the post-MBA earnings information was valuable and it was interesting to see Harvard bump Stanford of out of the top seeded position, the underlying messages of the article are of equal importance to those considering MBA programs.

Specifically, the article pointed to the shift in post-MBA career choices from traditional routes, such as banking and consulting, to technology and innovation firms.

The Forbes’ article noted that “GoogleAmazon.com, Facebook and 

rankings (1)

If you’re considering your MBA, you’re likely thinking of it as one step forward in a longer-term goal of advancing your career and increasing your earnings.

With that assumption in hand, one of the criteria that you’ll consider as you weigh various programs is the amount by which your earnings will increase once you’ve completed your MBA program, as well as how long it will take you to break even on your MBA investment.

This is precisely the focus of the Forbes article, “The Best Business Schools,” released August 3rd.

Among the facts and figures presented in the business school rankings,…

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