Tag Archives: Business School News


Stanford Graduate School Business is, according to Financial Times’s MBA rankings, the best MBA program in the world. So who is the typical Stanford MBA student?

To the extent that numbers can tell the story, Stanford GSB’s new Class of 2020 profile gives us some insight in to that question.

Introducing the class profile, Stanford is quick to highlight the diversity in its MBA class. It points out that this year’s crop of 419 MBA students represent 63 countries, 306 employers and 172 undergraduate institutions. All of these figures, Stanford says, are higher than last year….


The Cornell SC Johnson College of Business has drawn from within the university’s ranks in its search for a permanent dean, announcing the appointment of Kevin Hallock, who will start as dean of the business school in December.

Hallock is currently dean of Cornell’s School of Industrial and Labor Relations. He’s also an economist  whose research focuses on labor markets and compensation.

Cornell’s provost, Michael Kotlikoff, described Hallock as “an accomplished economist, scholar and administrator” who will provide the SC Johnson College of Business with “the leadership to maximize its enormous potential.”

Kotlikoff also noted that Hallock’s…


The University of California, Berkeley Haas School of Business’s MBA class continues to grow, according to the latest class profile from the school.

 While last year’s cohort brought a record 284 students to campus, thanks to the opening of a new building, the increase this year is more modest, to 291. Still, those seven extra students are enough to make the Class of 2020 the largest ever at Haas, a school known for its small MBA cohorts.

Haas has been able to grow its number of MBA students apparently without sacrificing any academic quality. This year’s…


Harvard Business School’s case method is getting a twenty-first century upgrade. The school announced that it has received a $5 million gift that will go toward creating case studies focused on artificial intelligence.

The donation, from Blackstone chairman, CEO and cofounder Stephen Schwarzman, launches the Schwarzman Research Fund, which will be used to support HBS members in writing new case studies involving AI.

According to HBS, topics addressed by these case studies could include AI’s implications for productivity, organizational structure and new market creation as well as the broad ethical challenges posed by AI.

HBS dean Nitin…


MIT’s Sloan School of Management is the latest top business school to release information on its MBA Class of 2020.

In releasing its class profile, MIT Sloan highlighted its commitment to building a diverse class, an emphasis it shares with other top B-schools. It said that “students’ diversity both shapes and drives the incredible opportunities available for collaboration and learning” at Sloan.

So how diverse exactly is MIT Sloan’s latest MBA cohort? Thirty-eight percent of the 409 students in the class hold international passports, representing a total of 49 countries.

Forty-two percent of the students are women. Unlike most…


It’s the end of an era at Columbia Business School. After 15 years on the job, dean Glenn Hubbard will step down in July 2019 and return to teaching.

Announcing Hubbard’s departure, Columbia University president Lee Bollinger hailed the dean’s tenure as “an historic period during which Columbia Business School was strengthened on every meaningful front.”

Indeed, Hubbard oversaw many accomplishments during his 15 years as dean. On his watch, for example, the school expanded its Executive MBA program and added four new master’s degree programs.

One of the themes Hubbard consistently returned to was “bridging theory…


The University of Pennsylvania’s Wharton School has unveiled a profile of its latest MBA cohort. Despite a 7 percent drop in applications this year – from 6,692 to 6,245 – this year’s class is quite similar to last year’s, at least as far as the numbers go.

Demographically, the Class of 2020 is almost identical to the Class of 2019. The percentage of women is 43, compared to 44 last year. Meanwhile, international students and U.S. minorities each account for a third of the incoming class, as they did last year.

If anything, this year’s crop of…


University of Michigan’s Ross School of Business is feeling pretty positive about their MBA Class of 2020. Announcing the release of their latest class profile, Ross summarized their thoughts on the situation by declaring that it just keeps getting better and better.

That phrase references the paradox of MBA admissions at top schools: as competitive as the process is, it only becomes more competitive every year.

This year, Ross’s incoming MBA class upped the ante with an average GMAT score of 720 – four points higher than the average score of last year’s class, which Ross reminds…


Every year, Harvard Business School draws a small but significant portion of its MBA students from the non-profit sector. This year, for example, 8 percent of students gained their pre-MBA work experience in government, education or non-profit.

For up to ten of those students, HBS provides a little extra incentive to bring them into its MBA program: a $10,000 fellowship, known as the Goldsmith Fellowship.

The fellowship, created by the Horace W. Goldsmith Foundation and HBS alum Richard L. Menschel, recognizes incoming MBA students whose leadership in the non-profit sector has stood out.

Providing $10,000 for the first…


How quickly the fortunes of a business school can change. Only a few weeks ago, INSEAD announced that it was suspending its Welcome Week over complaints about hazing. Now the school is unveiling a €40 million donation, the largest in its history.

The gift comes from André Hoffman, an alum in the MBA class of 1990, and his wife Rosalie.

So what does a business school do with a cool forty million euros? In this case, INSEAD is…


MIT Sloan School of Management has released their deadlines and application requirements for the 2018-2019 admissions season.

The deadlines are:

  • Round one: September 25, 2018
  • Round two: January 22, 2019
  • Round three: April 8, 2019

A quick perusal of the MIT Sloan MBA application instructions might lead you to believe that the school does not require applicants to submit an essay. It’s true that there isn’t anything on the list that lays out a specific essay that Sloan candidates are asked to submit.

In fact, the application process appears at first glance to be relatively simple: all…


It’s the beginning of a new academic year, which means not just a new cohort of students, but an influx of new faculty talent. University of Virginia’s Darden School of Business is one school that has been busy hiring professors, welcoming seven new faculty members to campus this year.

Like many top business schools, Darden has recently been bolstering its offerings in data science, so it makes sense that two of the new professors will join the school’s Quantitative Analysis area.

Michael Albert comes to Darden…


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…