Category Archives: General
March 7, 2014
The INSEAD MBA program has posted the deadlines for the January 2015 intake. Round 1 Deadline: March 21, 2014 Interview Notification: April 25, 2014 Final Decision Notification: June 6, 2014 Round 2 Deadline: May 28, …
The INSEAD MBA program has posted the deadlines for the January 2015 intake.
Deadline: March 21, 2014
Interview Notification: April 25, 2014
Final Decision Notification: June 6, 2014
Deadline: May 28, 2014
Interview Notification: June 27, 2014
Final Decision Notification: August 8, 2014
Deadline: July 25, 2014
Interview Notification: September 5, 2014
Final Decision Notification: October 10, 2014
INSEAD strongly encourages applicants to apply a couple of days prior to the application deadline if possible to avoid the peak period. Competition for each round is relatively equal regardless of the intake or round you apply for.
Applications must be submitted by 11:59PM Central European Time on the day of the deadline. Visit INSEAD’s admissions website for more information.
March 4, 2014
Film actors weren’t the only superstars lauded this week. The 2014 Case Centre Awards, an annual event known as the “Oscars” of business education, honored the professors who have written the most effective case studies. …
Film actors weren’t the only superstars lauded this week. The 2014 Case Centre Awards, an annual event known as the “Oscars” of business education, honored the professors who have written the most effective case studies.
The subjects highlighted through the winning cases give an insight into what is being taught in business school classrooms on a year-to-year basis.
IMD Professor Kamran Kashani and former IMD researcher Aimée DuBrule won The Case Centre’s Overall Award for 2014 with their case Value Selling at SKF Service (A): Tough Buyer Confronts Strategy.
Case-writing powerhouse Harvard Business School received the most prizes in the individual categories: Professors V. Kasturi Rangan and Sunru Yong, and Thomas Steenburgh, Jill Avery and Naseem Dahod won in the economics and marketing categories.
This year, topical world and economic issues are strongly represented: challenges in recession (SKF- component manufacturer, and Coach – luxury goods), banking under pressure (Deutsche Bank), and the impact of political events (Vodafone/Egypt).
The importance of emerging markets is also examined in banking (Alpen), healthcare devices (GE Healthcare/India) and white goods (Galanz/China). Social media is represented (HubSpot), medical devices and the challenges faced by a woman in leadership (Aesch), and food in a French entrepreneurial context (Michel et Augustin).
Though US business schools—particularly Harvard Business School—dominate the market for case writing, European schools scooped most of the category awards, the Financial Times reports.
“This year’s case awards and competitions honour case writing and teaching expertise on a global scale,” says Richard McCracken, director of The Case Centre. “The Innovation in Case Teaching Award demonstrates how teaching expertise is being shared in Africa. We see how cases are able to respond fast to world events and get topical issues into the classroom.”
Nirmalya Kumar, marketing professor at London Business School, received the award for Outstanding Contribution to the Case Method. His easyJet: The Web’s Favourite Airline (co-authored at IMD with Brian Rogers) is The Case Centre’s bestselling case of all time, used by 133 schools in 32 countries since it was first published in 2000.
“I am delighted to have received this recognition after many years of writing and teaching cases. In writing a case, I take both the instructor and student perspectives and ask how this case will lead to a transformation of beliefs on the part of the students,” Kumar says.
The Case Centre is an independent, not-for-profit organization dedicated to promoting the case method in business education. It also distributes the world’s largest collection of management case studies, articles and books on behalf of all the major business schools and internationally respected authors worldwide.
Follow the link for a complete list of the 2014 winners.
February 28, 2014
Guest post from our friends at Magoosh test prep Aristotle (384 – 322 BCE) wrote, “Wishing to be friends is quick work, but friendship is a slow ripening fruit.” Of course, our fast-moving world doesn’t …
Guest post from our friends at Magoosh test prep
Aristotle (384 – 322 BCE) wrote, “Wishing to be friends is quick work, but friendship is a slow ripening fruit.” Of course, our fast-moving world doesn’t like to hear about things that take time, things that can’t be fast-forwarded with electronically interconnected efficiency, and patience sometimes runs particularly thin where ambitions run high. Hence, the paradox of preparing for the GMAT.
You see, learning is also a “slow ripening fruit.” It’s true that shallow memorization can be quick, and for some purposes, that’s enough, but the GMAT is far too rigorous and exhaustive to expect to achieve excellence with efficiency.
For example, some folks studying for the GMAT try to memorize a list of math formulas. It’s true that knowing the formulas is better than not knowing them, but GMAT absolutely excels at writing out-of-the-box math questions that cannot be solved by the simple application of a formula.
The GMAT demands that you think and understand. How does one prepare for this? Certainly, a good start would be having the most current 2014 GMAT books and resources. A mad dash through these resources, though, would not be the best way to use them. The brain encodes deep memory with repeated exposure.
Furthermore, it’s important to vary context. Many folks make the mistake of doing almost exclusively focused studying. It’s not enough to understand what’s true about isosceles triangles only while you are reviewing everything in geometry, and, similarly, it isn’t helpful to practice all the geometry questions at once.
On the GMAT, question #14 may be about permutations or compound interest, and then when you press “submit answer”, BAM! Question #15 about isosceles triangles will pop up out of the blue; right there and then, with no warm-up or context, you will need to understand them. For the GMAT, you don’t understand something until you can recall it flawlessly, with full details, completely cold, with no warm-up at all.
A good GMAT study plan will take this into account. By enforcing mixed practice, early and often, such a plan will present enough repeated exposures, in out-of-context appearances, to build deep understanding. This non-linear path through the material may seem inefficient, but in the long run, it’s actually one of the fastest ways to encode the information into your brain. A good GMAT study plan will also allow for three or six months of studying. A single month involves a breakneck pace, and any time less than this is crazy.
Folks who have no idea how the brain works, assume that six weeks of ten hours a week, spread evenly through each week, is the same as three intense 20-hour weekend sessions. The amount of time is the same, but the brain’s capacity to absorb and assimilate material is vastly different.
Finally, do you know when your brain does the important work of consolidating the memory of what you learn? In REM sleep. Human sleeps goes through cycles of about 90 minutes, with the REM period coming at the end of each cycle. The REM periods get longer and longer on successive cycles, so in eight hours of sleep, the longest REM period is right before waking.
If you sleep only 6-7 hours in a night, you miss out on this particularly long REM period, thus compromising your ability to learn and remember. Hence, the importance of adequate sleep while you are studying for the GMAT.
Getting a full eight hours of sleep is yet another casualty of postmodern post-industrial hyper-efficiency. Caffeine and energy drinks will make you feel more awake, but they do absolutely zilch to replace the lost opportunity to encode memory.
If you want to excel on the GMAT, then be ready to dig in for the long haul when it comes to preparing. There are few endeavors in life in which truly outstanding results emerge from a quick and efficient shortcut, and GMAT is no exception.
February 27, 2014
Entrepreneur James R. Swartz and his wife Susan have pledged a $10 million gift to Carnegie Mellon University to aid the university’s goals of enhancing the scope and impact of its innovation and entrepreneurship, the …
Entrepreneur James R. Swartz and his wife Susan have pledged a $10 million gift to Carnegie Mellon University to aid the university’s goals of enhancing the scope and impact of its innovation and entrepreneurship, the school announced Thursday.
Swartz, who graduated from the business school in 1966, is a venture capitalist and founding partner of Palo Alto-based Accel Partners. The gift will support CMU’s cutting-edge research, learning technologies and interdisciplinary collaboration.
This major donation builds upon the $67 million gift made in November from the charitable foundation of investor David A. Tepper (MBA’82). These gifts will be used for the construction of a 295,000 square-foot facility in the newly named Tepper Quadrangle that will house the university’s Tepper School of Business, the Center for Innovation and Entrepreneurship, The Simon Initiative and quality of life enhancements for the entire CMU community.
CMU President Subra Suresh noted that the contribution sets the stage for coordinated programs aimed at entrepreneurship and technology-enhanced learning for the business school and for the entire university.
“At Carnegie Mellon I learned to master management science, constructing business models to solve challenges that were completely new to the marketplace and unleashing the power of data for smarter business decisions,” Swartz said when announcing the news.
As a director of more than 50 successful companies in five decades as a venture capitalist, Swartz has been closely involved as a lead investor of numerous pioneering technology companies.
“Those lessons, and the skills that I developed as a result of them, have greatly benefited me throughout my entrepreneurial career. I recognize the university’s new vision for the future of business education and entrepreneurship and I am pleased to contribute toward their efforts to the benefit of new technologies and future generations of students,” he added.
You may also be interested in:
February 24, 2014
This post originally appeared on Stacy’s “Strictly Business” MBA Blog on U.S.News.com Many students are coming upon the interview period for the second round of business school admissions, and many applicants experience considerable angst about this component of …
This post originally appeared on Stacy’s “Strictly Business” MBA Blog on U.S.News.com
Many students are coming upon the interview period for the second round of business school admissions, and many applicants experience considerable angst about this component of the business school application process. There are a few things to keep in mind about MBA interviews that may put your mind at ease, but there are also some tips that can help you get on track if you stray off course.
It’s important to know that a business school interview isn’t like a job interview. In a job interview, your application has merely gotten your foot in the door, and the interview is your chance to dazzle the potential employer and show that you stand head and shoulders above all other candidates.
[Learn how to sell yourself during the MBA admissions process.]
An MBA interview is simply one component of your application package, and the goal is to present yourself with confidence, enthusiasm and intelligence. You’ve already impressed the school with your qualifications, scores and essays. Think of the interview not as a test with a pass or fail score, but rather as a tool used by the admissions committee to make sure you really are the person they think you are based on your application.
No matter how much you’ve prepared for the experience, you are only human. You may get nervous and you may mess up. Unfortunately, there is no “delete” button and no rough draft. But there are ways to recover and prevent the interview from spiraling into the disaster zone.
1. Acknowledge any mistakes: MBA candidates often try to memorize their responses to interview questions in advance, only to find themselves scrambling as they try to adapt to slightly different iterations of the anticipated questions. You won’t win anyone over based on how fast you answer their question, but the interviewer will hold it against you if your answer rambles or doesn’t make sense.
If you are unsatisfied with a response, you might say, “I think I haven’t expressed myself clearly. Could I try that again?”
Your ability to address that you got thrown and correct a mistake with grace will stick out in the interviewer’s mind more than the initial fumble.
2. Take time to relax and regroup: Out of nervousness, it’s common for applicants to continue barreling forward when trying to answer a question that could have been addressed in 30 seconds or less.
When in doubt, it’s OK to take a deep breath and regroup. Most interviewers will offer you something to drink, so take a sip of that water or coffee to provide a natural pause in the conversation.
Before launching into a story that may take you further afield, say, “Let me think about that.” Or if you’re really stumped, ask if you can come back to that subject at the end of the interview. Remember, maintaining poise is paramount.
3. Ask for clarification: Sometimes, an applicant will launch into an answer and halfway through realize that perhaps he or she misunderstood the question. Don’t be afraid to become very clear as to what your interviewer wants to learn more about.
You might ask, “Were you looking for me to answer from this perspective?” Pausing for further clarification shows that you have self-awareness – a highly valued trait – and buys you extra time to get back on track. And don’t be afraid to take a moment to ponder your reply. A well-thought-out answer is never a bad thing.
[Follow these three steps to stand out as a b-school applicant.]
Don’t spend too much time during the interview fretting over your mistakes, real or imagined, as this will only distract you and likely cause you to stumble in other moments as well. Interviewers often maintain an inscrutable demeanor, so don’t judge your interview performance based on their body language or verbal cues. And do not ask for feedback from your interviewer, which gives the impression that you lack both good judgment and confidence.
Take heart, because no single error in the interview process is likely to be a fatal one. If you get the sense that your interviewer enjoyed the conversation, he or she is likely to leave with a positive impression of you. But if you’re in doubt, just move on.
I’ve heard from so many clients convinced they bombed their MBA interview, only to learn weeks later that they were admitted to the school of their dreams. If you can get from point A to point B in a mostly clear, logical way; maintain a friendly and professional demeanor; dress appropriately; and have an inquisitive attitude about the program and all it has to offer, you stand a very good chance of coming out of the interview with flying colors.
February 19, 2014
Bob and Marcie Zlotnik, founders of Houston energy company StarTex Power and alumni of The University of Texas at Austin, have pledged $5 million toward construction of the new graduate education building at McCombs School …
Bob and Marcie Zlotnik, founders of Houston energy company StarTex Power and alumni of The University of Texas at Austin, have pledged $5 million toward construction of the new graduate education building at McCombs School of Business, the school announced Tuesday.
In recognition of the gift, the ballroom in Robert B. Rowling Hall will be named the Zlotnik Family Ballroom. By connecting to the neighboring AT&T Executive Education and Conference Center, the graduate business program and the conference center will have the capacity to host large-scale conferences and events as Austin continues to grow.
“Rowling Hall is going to make this university an even stronger, more vibrant place to learn,” says Bob Zlotnik. “We have waited for the opportunity to align our family with this project, which will provide a direct link between students, faculty members and business leaders.”
The school is in the midst of a campaign to raise $58 million in donations by early March, and the $5 million Zlotnik gift is a significant achievement in that endeavor. A gift of $25 million from Dallas businessman Robert B. Rowling and his wife, Terry Hennersdorf Rowling, also University of Texas alumni, launched the campaign to fund the construction of the new graduate business building.
“Fundraising for this ambitious project has reached the next level as people continue to come forward with generous gifts to support the plans for Rowling Hall,” says McCombs School of Business Dean Thomas W. Gilligan. “We look forward to the weeks ahead as more gifts are announced.”
The Zlotniks have two sons currently enrolled in the business school, and have previously donated $1 million to the McCombs School to establish a chair in entrepreneurship.
The decision to target $5 million for the ballroom at Rowling Hall was made as a family, the couple explains. “Teaching all our boys about giving back and getting involved is paramount to their success as future leaders,” says Marcie Zlotnik.