Category Archives: General
February 5, 2015
Did you realize that as a business school student, you can influence the MBA curriculum in more ways than you ever imagined? Students at the University of Virginia’s Darden School of Business recently created their …
Did you realize that as a business school student, you can influence the MBA curriculum in more ways than you ever imagined? Students at the University of Virginia’s Darden School of Business recently created their own class on impact investing, an emerging investment style that simultaneously generates both financial and social/environmental returns.
Take a look at this video with MBA Admissions Dean Sara Neher as she interviews Ross Rosenstein, a third year JD/MBA at Darden. In it, Rosenstein explains how he and fellow students took the idea of the newly formed Darden Impact Ventures club, an initiative of 2014 graduates, and launched a student-led, for-credit course this term under the guidance of finance professor Elena Loutskina.
Rosenstein explains that this experiential course involves finding a start-up company and helping them with their business plan and raising capital. The iLab and Batten Institute have been very supportive of this initiative, says Rosenstein, who is also co-president and CEO of the Darden Impact Ventures fund, noting that the alumni community has also stepped in to help find potential companies.
There are currently five contenders in the running, but Rosenstein expects they will select one of them in the coming weeks who they will later present at a competition with other schools to be held at University of Pennsylvania’s Wharton School in May.
This is just another great example of how MBA students can shape their own educational experiences while in b-school, and we look forward to sharing the results of the competition later this spring.
February 3, 2015
The Graduate Management Admission Council has launched a new GMAT Enhanced Score Report, providing test takers with access to an in-depth analysis of their overall performance on the GMAT, including their performance on the various …
The Graduate Management Admission Council has launched a new GMAT Enhanced Score Report, providing test takers with access to an in-depth analysis of their overall performance on the GMAT, including their performance on the various sections and subsections within the exam.
The report provides metrics that describe everything from the test taker’s average time to answer each question type, to overall time management relative to other test takers, and provides insight and analysis about how students might use the report to talk about or improve their score.
This new GMAT Enhanced Score Report is delivered to a test taker following their sitting of the exam. In 2014, GMAC introduced the Score Preview feature for the GMAT exam that allows test takers to cancel a GMAT score if it isn’t up to their standards or expectations, before sending it to a school.
Both Enhanced Score Reports and the Score Preview feature provide test takers with greater control over how and when they report their scores to the schools to which they are applying.
“The value of the GMAT Enhanced Score Report is that, used alone or together with the GMAT’s other prep and score reporting features, it can help students strengthen their performance, improve their scores and be better prepared for the process of applying to business school,” says Ashok Sarathy, vice president of Product Management at GMAC.
The GMAT Enhanced Score Report can be purchased following the taking of the GMAT exam for $24.99 (USD) through the mba.com store.
February 2, 2015
The University of Pennsylvania’s Wharton School plans on sending out Round 2 team-based discussion invites on February 12th, and deputy vice dean of MBA admissions Maryellen Reilly Lamb shared a few tips about the experience …
The University of Pennsylvania’s Wharton School plans on sending out Round 2 team-based discussion invites on February 12th, and deputy vice dean of MBA admissions Maryellen Reilly Lamb shared a few tips about the experience in her most recent blog post.
Here’s a quick refresher on the team-based exercise: Five or six invited candidates work together to solve real-world business scenarios as a team. Wharton believes the exercise demonstrates how applicants approach and analyze specific situations and interact with other people—two critical components of Wharton’s team-focused learning style.
Everyone’s TBD experience will be different, says Lamb, adding that your approach to the TBD will be a balance between being prepared and adapting to the situation.
Here are four aspects the director feels candidates should focus on to maximize their experience.
Flexibility: Challenges can change from moment to moment, so stay flexible and leave your preconceived notions at the door.
Your skills and strengths: Tap into tactics you have used successfully in the past while working in a team setting, and lean on your strengths to help propel the group forward.
The overall process: Lamb suggests asking yourself, “How can you provide value to ensure that best possible outcome for your team? Does your team need more brainstorming? Do they need more clarity around the proposed ideas?”
There is no “right” way: It may be easier said than done, but accept that you should just be yourself, get a feel for the dynamics of your particular group, and let the chips fall where they may.
Interviews will begin on campus in Philadelphia in late February, as well as various locations across the globe, including Dubai, London, Mumbai, San Francisco, Sao Paulo, Seoul, Shanghai, Singapore, and Tokyo. Applicants should interview in whichever location is most convenient for them.
For more advice, take a look at this post by (now) second-year student Alexandra Gorin. In it, she explains how she prepared for the TBD, what she experienced, and what she took away from the group interview. It’s chock-full of helpful tips!
Success comes from practice and becoming comfortable with the format. With that in mind, Stacy Blackman Consulting now offers live group practice sessions to help applicants with this fun but challenging new interview style.
Our seasoned moderators have admissions experience at the Wharton School, and participants receive preparation tips and a one-hour mock experience, followed by written feedback with actionable advice. Find out more about our interview prep options today.
January 27, 2015
If you’re considering pursuing an MBA degree, attending an MBA fair is a great place to start. The MBA Tour is hosting six events across North America this winter 2015.
What are the benefits of attending an MBA Tour conference? Hear from students who have attended:
1:1 INTERACTION WITH ADMISSION REPRESENTATIVES
MeetUp Sessions provide an opportunity for candidates to meet one on one and in small groups with admission directors and alumni from various programs. Meeting in-person allows candidates to make a personal connection with their top-choice schools and enhances the overall MBA application process by keeping lines of communication open with admission representatives.
MBA Fair The fair is an open floor forum to facilitate interaction between students and representatives, where personal and specific questions are encouraged and answered. Candidates can make a great impression on school reps and learn more about how a program appeals to individual needs.
COLLECT INFORMATION AND EASILY COMPARE PROGRAMS
MBA Panel Presentations cover valuable business school admissions topics and answer a wide range of MBA applicant questions. The panels are hosted by professionals with expertise spanning several topics, including: Preparing Your MBA Application, Financing Your MBA, and GMAT Strategy.
School Presentations highlight unique program features in a 30-minute session given by admission representatives. These presentations are ideal for candidates to learn detailed information, compare different programs, and prepare for speaking with representatives during the MeetUp Sessions or MBA Fair.
Coming to a city near you:
Participating Business Schools (For full list of schools, visit The MBA Tour website):
American University, Babson College, Boston University, Durham Business School, Fordham University, George Washington University, Georgetown University, Hult International Business School, IE Business School, McGill University, Northeastern University, Penn State University, Queen’s University, Suffolk University, Syracuse University, The College of William & Mary, University of British Columbia, UC Davis, University of Maryland, University of Miami, University of Rochester, University of Toronto, Washington University in St. Louis, and more!
January 27, 2015
Earlier this week, Financial Times released its 2015 global MBA ranking of the best business schools, and the results showed no surprises—only a shuffling—at the very top. This is the third time in a row …
Earlier this week, Financial Times released its 2015 global MBA ranking of the best business schools, and the results showed no surprises—only a shuffling—at the very top. This is the third time in a row Harvard Business School has taken the crown, and the sixth time since the ranking began in 1999.
Its alumni have the highest average salary three years after graduation, at $179,910 (weighted), nearly doubling their pre-MBA pay. Harvard is among the top schools for career progression and its MBA was the most highly recommended by graduates of other schools.
The ranking is based on surveys of business schools and their 2011 graduates, and the Financial Times methodology involves assessing MBA programs according to the career progression of alumni, the school’s idea generation, and the diversity of students and faculty.
Top Ten Business Schools in FT’s 2015 Global MBA Rankings
- Harvard Business School
- London Business School
- University of Pennsylvania Wharton School
- Stanford Graduate School of Business
- Columbia Business School
- IESE Business School
- MIT Sloan School of Management
- Chicago Booth School of Business
- UC Berkeley Haas School of Business
HBS alumni may top the ranking for salaries, but Wharton’s doctoral program in business has made it the world’s leading research-based business school with the most articles published in the FT45 list of peer-reviewed and practitioner journals, the FT reports.
You can learn more about this year’s results and methodology by checking out the complete Financial Times ranking coverage.
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