Category Archives: General

Ask the AdCom: Who are Some Famous Graduates of Your Program?

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips, trivia, and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips, trivia, and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

Blake Mycoskie, founder and Chief Shoe Giver of TOMS Shoes

Today’s question is: Who are your famous alums?

John Roeder, Assistant Dean of Graduate Admissions at SMU Cox School of Business:

  •  Lamar Hunt, founder of the American Football League and owner of the Kansas City Chiefs
  • Gerald J. Ford, Dallas-based billionaire
  • Blake Mycoskie, founder of TOMS Shoes
  • Ray Hunt, founder and CEO of Hunt Oil Company
  • Thomas Horton, Chairman of AMR and American Airlines

Shari Hubert, Associate Dean of MBA Admissions at Georgetown McDonough School of Business:

  • Guy Adami (B ’86), original member of CNBC’s “Fast Money” team
  • Michael Chasen (MBA ’95), president and CEO of Social Radar, cofounder and former CEO of Blackboard (and a member of Georgetown’s Board of Directors)
  • Jim Gaffigan (B ’88), stand-up comedian and actor
  • Ted Leonsis (C ’77), chairman and CEO of Monumental Sports and Entertainment (owner of the Washington Wizards, Capitals, Mystics and the Verizon Center) and vice chairman emeritus of AOL (and chair of the board for Georgetown’s Entrepreneurship Initiative)
  • Ann Sarnoff (B ’83), president of BBC Worldwide North America (and vice chair of the McDonough School of Business Board of Advisors).
  • Maria Shriver (C ’77), NBC News anchor, former first lady of California.
  • Laurence Tosi (B ’90, L/MBA ’94), CFO of Airbnb, former CFO of The Blackstone Group (and a member of Georgetown’s Board of Directors)

 Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business:

  • David Tepper, Appaloosa Management
  • James Swartz, Accel Partners
  • Eric Butler, Union Pacific
  • David Coulter, Warburg Pincus
  • Brian Olsavsky, Amazon
  • Cindy Padnos, Illuminate Ventures
  • Keith Law, ESPN
  • … and don’t forget famous Carnegie Mellon University alums such as artist Andy Warhol, actor Holly Hunter, “Last Lecture” author Randy Pausch, the late astronaut Judith Resnik and director George Romero.

Morgan Bernstein, Executive Director of Full-Time MBA Admissions at UC Berkeley-Haas School of Business:

  • Paul Otellini, MBA 84, former CEO of Intel
  • Shantanu Narayen, MBA 93, CEO of Adobe
  • Barbara Desoer, MBA 77, CEO of Citibank
  • Don Fisher, BS 51, founder of The Gap

Alex Lawrence, Assistant Dean of MBA Admissions at UCLA Anderson School of Management:

  • Susan Wojcicki, MBA 98, CEO of YouTube
  • Larry Fink, MBA 74, Founder, Chairman and CEO of Blackrock
  • Bill Gross MBA 71, co-founder PIMCO

Judi Byers, Executive Director of Admissions and Financial Aid at Cornell’s Johnson Graduate School of Management:

  • Ken Derr MBA ’60, retired Chairman and CEO, Chevron Corporation
  • Michael Chen, MBA ’85, CEO, Chen & Associates. Former President, Strategic Initiatives Group, NBC
  • Daniel Hesse, MBA ’77, former President & CEO, Sprint
  • Ruth Bader Ginsburg ’54, United States Supreme Court Justice
  • Abby Joseph Cohen ’73, President of the Global Markets Institute, Goldman Sachs & Co.

Virginie Fougea, Associate Director of Admissions  at INSEAD:

  •  Tidjane Thiam, MBA ’88J, CEO Credit Suisse
  • Barbara Kux, MBA ’84J, Board member of Total and Henkel and one of Fortune’s “most powerful women in business”
  • Henry Engelhardt, MBA ’88J Admiral Insurance co-founder
  • Grita Loebsack, MBA ’95D,  CEO of Kering Luxury – Couture & Leather Goods
  • Carole Ramella, MBA ’06D, Founder & Managing Director, GFA Consulting Ltd, a company based in Ghana that helps African businesses raise funds.
  • Philippe Houzé, MBA ’74, President of Galeries Lafayette

Look out for the #AskAdCom in our social media channels, and we’ll keep you posted when we check in again to Ask the AdCom about even more interesting, unusual and inspiring happenings at their MBA programs.

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Image via Flickr user Andy Sternberg, (CC BY-NC-SA 2.0)

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Ask the AdCom: Fun Facts About Your School

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips, trivia, and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips, trivia, and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

Ask the AdCom

Today’s question is: What’s a fun fact that most people don’t know about your school?

Judi Byers, Executive Director of Admissions and Financial Aid at Cornell’s Johnson Graduate School of Management, asked Sydney Chernish, MBA ’16, who said: “Cornell is home to one of the five copies of the Gettysburg Address, illuminated manuscripts, an ice cream production line, and a large brain collection. Any person, any study!”

Shari Hubert, Associate Dean of MBA Admissions  at Georgetown’s McDonough School of Business, mentions Hoya Saxa, the school’s mantra, which means “What Rocks” (Hoya is Ancient Greek for what and Saxa is Latin for rocks).

“For the 14th-oldest university and the oldest Jesuit university in the United States to have a very modern, millennial sounding mantra – that was developed in the late 1800s — is fun, yet oxymoronic at the same time,” says Hubert.

Also of note: 100% of the construction funding for the Rafik Hariri Building (McDonough School of Business), which opened in 2009, came from alumni donations.

Morgan Bernstein, Executive Director of Full-Time MBA Admissions at UC Berkeley Haas School of Business, informs us that Haas was founded in 1898 with the financial support of a woman, Cora Jane Flood. It was the second b-school founded in the United States.

Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business, says that artificial intelligence, computer science and management science (data-driven decision making) were founded at the Tepper School or by Tepper School faculty.

 Allison Jamison, Admissions Director at Duke University’s Fuqua School of Business, explains that Fuqua was founded by a grant from JB Fuqua.  “Mr. Fuqua grew up on a farm in Virginia, and sent a letter to Duke University asking if the school would send him some books from its library.

“The lending relationship continued for many years, and while Mr. Fuqua never went to college, he educated himself and became a multi-millionaire businessman.  His donation to Duke University was used to found the business school named in his honor.”

John Roeder, Assistant Dean Graduate Admissions at SMU Cox School of Business, reminisces about the time when George W. Bush, Barack Obama, Bill Clinton, Jimmy Carter, and George H.W. Bush visited Southern Methodist University in 2013 for the opening of the Bush Library at SMU.

“It marked only the second time in U.S. history that 5 current or former U.S. presidents were in the same location at the same time,” Roeder says. “Being two blocks away from the Bush Library, the Cox school had a front-row seat of the festivities.”

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Such interesting trivia, right? Look out for the #AskAdCom in our social media channels, and we’ll see you again next week when we check in to Ask the AdCom about their famous alumni.

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Seasons Greetings!

On behalf of the entire team at Stacy Blackman Consulting, I want to thank our loyal blog readers for logging on each day for the latest news from the B-school universe, and extend our very …

Seasons GreetingsOn behalf of the entire team at Stacy Blackman Consulting, I want to thank our loyal blog readers for logging on each day for the latest news from the B-school universe, and extend our very best wishes for a joyous holiday season!

Warmest regards,
Stacy_sig

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Online or Traditional MBA Program: Which is Right for You?

Business schools have become increasingly innovative in their approaches to management education in recent years, and it comes as little surprise that we’re seeing an increased interest in online MBA programs as more and more …

Business schools have become increasingly innovative in their approaches to management education in recent years, and it comes as little surprise that we’re seeing an increased interest in online MBA programs as more and more schools now offer this option to meet the needs of working professionals who need greater flexibility.

In fact, according to the Graduate Management Admission Council’s 2016 Application Trends Survey, 57% of online MBA programs reported increases in their application volumes, up from 50 percent in 2015. Two-thirds (63%) of online MBA programs expect to increase their class size in 2016 compared with last year, which may reflect the growing interest in this educational format.

To determine whether an online or traditional MBA program is right for you, you’ll need to consider many factors, such as cost, reputation, your preferred learning style, and career goals.
online MBA programs

Where Online MBA Programs Shine

Flexibility. For MBA aspirants who are either unwilling or unable to leave their job and family to pursue a full time, two-year degree, a program that can taken from the comfort of one’s own home could be the ideal solution. Not everyone can afford to take two years off from work to pursue their degree, and the online MBA path is even more appealing given the lower cost of most online programs.

On-campus programs have far less flexibility by comparison. You need to be in the same city and able to attend classes on a set schedule in order to receive your assignments and meet with study groups.

Keep in mind that this format requires a high degree of self-motivation and excellent time management, and, like the one-year MBA, is best suited for candidates who are intent on sticking to the same career path or moving ahead within their current company.

Credibility Can Rival Traditional Programs. The caliber of online options has improved dramatically, with offerings coming from such highly ranked schools as Indiana University’s Kelley School of Business, Spain’s IE Business School, University of North Carolina’s Kenan-Flagler Business School, Carnegie Mellon University’s Tepper School of Business, and the University of Southern California Marshall School of Business. You often receive the same education with the same professors as the on-campus MBA students, without having to leave your job and uproot your life.

Many news publications publish annual rankings for online MBA programs, which can aid your school selection process and help you determine whether a particular program is able to meet your needs and help you reach your MBA career goals.

Adaptive to Today’s Working Conditions. In today’s global business environment, much of the day-to-day interaction takes place remotely, via E-mail, text, or video conference. An online MBA format maximizes these technologies and perhaps even better prepares tomorrow’s business leaders for navigating within the dominant communication methods. Students can also apply what they learn in class on the job the next day and see real-time results.

If you decide that the online MBA experience is right for you, there are a couple of things you should look for in a program. Ideally, choose one that is accredited by the Association to Advance Collegiate Schools of Business, which also accredits all of the top brick-and-mortar b-schools and ensures that the program meets educational standards.

If at all possible, I also recommend pursuing online degrees with short-term in person residencies. For example, the UNC Kenan-Flagler program will feature up to four weekend residencies at different locations worldwide. IE Business School requires two one-week residencies in Madrid, and Duke University’s Fuqua School of Business includes five short residency sessions along with the online work.

While the residencies might not yield the lifelong friendships and business partners many acquire during their traditional b-school experiences, they still offer chances to interact with professors and classmates face-to-face, which will remain an important business skill no matter how much of our work and education can be conducted online.

The Case for Traditional MBA Programs

The classic MBA experience is still the gold standard for many applicants because the full-immersion experience is invaluable for the networking opportunities and alumni connections. Students pursuing their degrees online inevitably give up many benefits offered by full-time programs.

While technology allows online students to easily communicate with their professors and even carry on discussions with their fellow learners, they don’t participate in campus clubs and interact with their cohorts during study sessions and off-campus activities, which are big parts of the b-school experience. The peers you move through the program with, who have similar interests and goals, will make up a huge part of your professional network for life.

In addition, opportunities for internships and recruiting are, by and large, far less prominent for the online student. Many of them also face the added stress of completing challenging course material while trying to maintain their career at the same time, something full-time MBAs usually don’t have to worry about.

In reality, every candidate has his or her own unique needs that must be aligned with the format that makes the most sense. Whichever program you choose in your MBA journey, a great fit with your goals and lifestyle will ensure the best results from application to graduation.

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Ask the AdCom: Share a Cool Company Born of Your MBA Program

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

Today’s Question is: What’s a cool entrepreneurship project or company born out of your MBA program?

entrepreneurship at bschool

Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business, says that ModCloth – a vintage clothing, ecommerce business with hundreds of millions in annual revenue – sprang from the Tepper School MBA program.

Judi Byers, Executive Director of Admissions and Financial Aid at the Cornell Johnson Graduate School of Management, asked second-year MBA student Najeen Riazi for feedback, and she gave a shout-out for Big Red Bullet: Another bridge to NYC! and Nutribridge: an international effort to solve child nutrition and women’s financial independence at the same time.

Virginie Fougea, Associate Director of Admissions at INSEAD, says recent examples include Blablacar, a ridesharing service with the concept of connecting people who need to travel with drivers who have empty seats (Founder and CEO Frederic Mazzella, INSEAD MBA’07D). Or, Michel et Augustin, a French food brand, started by Michel de Rovira, MBA’04D but there are many others.

 Rodrigo Malta, Director of Admissions at UT McCombs School of Business, says that theTexas MBA powered start-up Beatbox Beverages struck a deal with business mogul Mark Cuban on the hit ABC show Shark Tank in October. For a one-third stake in the company, Cuban invested one million dollars. The three Texas MBA alums impressed the panel of judges with their entrepreneurial know-how and their clear strategy for the future of their company to ensure continued success. Beatbox has definitely been “booming” since the show aired, Malta says.

Morgan Bernstein, Executive Director of Full-Time MBA Admissions at UC Berkeley-Haas School of Business, shares many successful student startups: Revolution Foods, founded by ’06 MBA grads Kristin Groos Richmond and Kirsten Saenz Tobey, provides healthy meals for kids; Ashesi University in Ghana, a non-profit, private university, was founded by Patrick Awuah, MBA ’99; crowdfunding website Indiegogo was founded by Danae Ringelmann and Eric Schell, both MBA ’08; and Back to the Roots, purveyor of ready-to-grow and ready-to-eat products, from mushrooms to cereal, was founded by Alejandro Velez and Nikhil Arora, both BS ’09.

Shari Hubert, Associate Dean of MBA Admissions at Georgetown McDonough School of Business, points to alumni Michael Chasen of Blackboard; Egon Durban of Silver Lake, Jason McCarthy of GORuck; and Logan Soya of Aquicore.

John Roeder, Assistant Dean of Graduate Admissions at SMU Cox School of Business, points to Gabriella Draney Zielke, who is co-founder and CEO of Tech Wildcatters – a Top 10 seed accelerator for technology startups, and who recently launched Health Wildcatters, a healthcare-based seed accelerator.  Gabriella worked with the Caruth Center for Entrepreneurship at Cox while she pursued her MBA at Cox with a Strategy and Entrepreneurship concentration, Roeder says.

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The variety and success of these b-school bred companies is really inspiring, right? Look out for the #AskAdCom in our social media channels, and we’ll see you again next week when we check in to Ask the AdCom about some of the little-known fun facts about their schools!

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Ask the AdCom: How Do MBA Students Get Goofy?

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

Ask the AdCom

Today’s question is: Describe a goofy tradition in your program.

Morgan Bernstein, Executive Director of Full-time MBA Admissions at UC Berkeley Haas School of Business, says: No Shave/No Shame November, a charitable fundraiser where students get creative about embarrassing themselves for a good cause.

Allison Jamison, Admissions Director at Duke University’s Fuqua School of Business, says: Campout!  Students camp out for 36 hours one weekend for a chance to be entered in a lottery to win season basketball tickets.  Fuqua students do campout in style – rented RV’s, dance floors, and BBQs make the weekend a great bonding experience, and at the end of all, you get to watch Duke Basketball!

Shari Hubert, Associate Dean of MBA Admissions at Georgetown’s McDonough School of Business, says: For the Annual Report, students create spoofs/skits of their experiences in the MBA Program and film them. They then rent a movie theater in Virginia and host a movie night to view the videos.

They invite faculty and staff to act in the videos in ways that are both fun and silly, but allow for everyone to make fun of themselves a bit and have a sense of humor about all of the crazy, yet awesome experiences that transpire in business school.

Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business, says: We ring a large, metal bell, donated by a past class, to kick off our weekly social gathering for MBAs, faculty, staff and families.

Judi Byers, Executive Director of Admissions and Financial Aid at Cornell’s Samuel Curtis Johnson Graduate School of Management, asked two recent MBA grads to share their favorites:

  • Sydney Chernish, MBA ’16: Each year we host “Battle of the Brews” where people spend Spring Semester coming up with a home-brewed beer and compete for glory.
  • Daniel Greenhaw, MBA ’16: Taking Cornell’s famous wine class. It’s a semester long foray into wines and some have even gone on to take the first sommelier exam.

John Roeder, Assistant Dean Graduate Admissions at SMU Cox School of Business, says: The annual Cox Cup competition between the 1st and 2nd year classes offers networking opportunities and camaraderie between the classes through competition that involves kickball, paintball, trivia night, flag football, tennis and various community service efforts.

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Look out for the #AskAdCom in our social media channels, and we’ll see you again next week when we check in to Ask the AdCom about their famous alumni!

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