Category Archives: School News

Stanford GSB Announces Fall 2018 MBA Application Deadlines

The Stanford Graduate School of Business has published the following MBA application deadlines for the 2017-2018 admissions season. Round 1 Application Deadline: September 19, 2017 Notification Date: December 14, 2017 Round 2 Application Deadline: January 10, …

Stanford GSB application deadlinesThe Stanford Graduate School of Business has published the following MBA application deadlines for the 2017-2018 admissions season.

Round 1
Application Deadline: September 19, 2017
Notification Date: December 14, 2017

Round 2
Application Deadline: January 10, 2018
Notification Date: March 29, 2018

Round 3
Application Deadline: April 4, 2018
Notification Date: Mid May 2018

Candidates should note that all materials must be submitted by 1 p.m. Pacific Time on the day of the deadline to be considered for that round. The application will go live in June. For more information, please visit the Stanford GSB admissions website.

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Wharton School Creates New Opportunities in Global Real Estate Education

The Wharton School of the University of Pennsylvania has announced the establishment of the Grayken Program in International Real Estate, a major new asset to the school’s Samuel Zell and Robert Lurie Real Estate Center and …

wharton school new program

The Wharton School of the University of Pennsylvania has announced the establishment of the Grayken Program in International Real Estate, a major new asset to the school’s Samuel Zell and Robert Lurie Real Estate Center and Real Estate Department.

This leadership gift from alumnus John P. Grayken, which will fund the new program, will significantly enhance the global real estate offerings and impact of the Wharton School. Grayken is Founder and Chairman of Lone Star Funds, a prominent private equity firm that invests globally in real estate, equity, credit and other financial assets.

The comprehensive Grayken Program in International Real Estate will fund academic programming for students; industry events and outreach; and faculty research. Mr. Grayken’s support enriches Wharton’s entire real estate community, first by nurturing students who will go on to innovate and effect change in real estate globally.

It will also expand Wharton’s real estate program’s reach, enabling connections with leading investors around the world that will complement its domestic network. Finally, the program enhances Wharton faculty’s ability to conduct and publish influential international real estate research, as well as interact with leading industry professionals.

“We’re honored by John’s partnership with and generosity to Wharton,” said Dean and Reliance Professor of Management and Private Enterprise Geoffrey Garrett. “He is helping us expand the depth and reach of our programming in global real estate – from students who aspire to become real estate leaders, to alumni and executives around the world driving and defining the industry, to faculty whose research is shaping how academics and professionals understand one of the world’s most important industries.”

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Mark Your Calendars for Kellogg’s Military Preview Day

Current and former members of the armed forces possess numerous skills that admissions boards value in an MBA candidate. Real-world leadership experience, the ability to strategize and think on their feet, and being able to …

Kellogg military preview ay

Current and former members of the armed forces possess numerous skills that admissions boards value in an MBA candidate. Real-world leadership experience, the ability to strategize and think on their feet, and being able to work well under high-pressure situations are just a few of the advantages a veteran brings to the table when applying for business school.

The Kellogg School of Management at Northwestern University has a long track record of support for students from the armed forces, and every year hosts a Military Preview Day to show what sets Kellogg apart from other elite MBA programs, and provide support and information to help applicants transition from the military to business school.

Military Preview Day, coming up on Friday, April 28, 2017 in Kellogg’s brand new Global Hub, is your opportunity to visit the school, meet current veteran students and learn why Kellogg is an unparalleled opportunity to advance your next career. Programming will include a mock class with Kellogg faculty, current student and alumni panels, an Admissions and Financial Aid session, and dinner with the Kellogg Veterans Association.

Northwestern participates in the Yellow Ribbon Program, which provides additional financial assistance for veterans beyond the educational benefits they receive through the federal government, which are capped at approximately $22,000 per year. Northwestern’s schools contribute additional financial aid funds, which are then matched by the Veterans Administration. As a result, veterans in some of the schools have all of their tuition expenses covered while in other schools, the cost is reduced significantly.

Even if you don’t plan to apply to Kellogg this year, you should still attend this event because information gathering is a critical part when you’re trying to decide which MBA programs are the best fit for you.

Attendees can combine this event with Kellogg’s campus visit program to attend additional events on Thursday, April 27th and the morning of Friday, April 28th. The event is free but space is limited, so reserve your spot today. More details can be found here.

Image credit: Mike Willis (CC BY-ND 2.0)

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INSEAD Revamps MBA Curriculum to Strengthen Big Data, FinTech

After two years of extensive review, INSEAD faculty has approved a new MBA curriculum that will launch in September 2017. The focus will now include a more personalized approach with professional coaching and career advisers, more …

new curriculum at INSEAD

After two years of extensive review, INSEAD faculty has approved a new MBA curriculum that will launch in September 2017. The focus will now include a more personalized approach with professional coaching and career advisers, more electives covering digital transformation, and an innovative “big picture” course about business and society.

In a statement announcing the changes, Urs Peyer, INSEAD Dean of Degree Programs and Associate Professor of Finance, says, “With this, we look forward to creating an exceptional MBA learning experience for our participants, cultivating all facets of their personal and professional growth to be a well-rounded, world-class business leader and entrepreneur. ”

Core enhancements to INSEAD’s MBA Curriculum

Personalized Learning Journey: A Personal Leadership Development Program will guide MBA students towards new heights of self-awareness, interpersonal skills and communication effectiveness through professional and peer coaching. It will also enable them to develop lifelong skills that continually fuel their talents as they become world-class leaders, managers and entrepreneurs.

Content Innovations: Core courses have been adjusted to include a new “super course” to prepare students to better address pressing global issues. This new cluster of courses, titled “Business and Society,” will cover three main topics: Ethics, Political Environment and Public Policy, with the underlying theme of “Business as a Force for Good”, for students to appreciate the complexity of interactions between business and society.

New Electives, Personal Career Advisers and a Culminating Capstone: The curriculum now includes new electives on digital initiatives and ethics such as Digital Transformation, Digital Disruption Strategies, FinTech, Social Media Analytics and Big Data. It will refocus courses based on the Technology Venturing Practicum, Media and Internet.

In addition, personal career advisers will be assigned to each student to guide them throughout the MBA journey. Furthermore, a new culminating capstone course that simulates a business crisis will be launched. To succeed, students will have to draw upon strong analytical skills, apply the quintessence of their learning, as well as tap on insights from their Personal Leadership Development Program.

A New Digital Start: The program will offer an early start to the MBA journey by leveraging new technologies with online content, “integrated” digital cases, and industry-specific orientation videos for participants to be well-prepared in advance for the accelerated 10-month MBA. This also aids in reducing pre-knowledge gaps between participants.

The INSEAD MBA Program will maintain key innovations that the school is known for – its 10-month schedule and multi-campus learning structure. The innovative curriculum will create an even stronger INSEAD MBA experience by providing an extraordinary learning experience, opening doors to exciting career opportunities and building an unrivaled global alumni network.

“In recent years, we have seen a drastic transformation in the global market place,” says Ilian Mihov, INSEAD dean and professor of economics. “It is important for us to constantly innovate and to provide our MBA students an academic education of the highest standards. While our ultimate goal remains the same, we trust the new curriculum integrated with timely content will better prepare them to build, grow and lead businesses that are a force for good.”

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Alumni Gift Creates Advance Access Program for the Wharton MBA

The Wharton School of the University of Pennsylvania has announced that alumni Ken Moelis and Julie Taffet Moelis have made a $10 million gift to establish the Ken Moelis and Julie Taffet Moelis Advance Access Program, …

wharton deferred enrollment

The Wharton School of the University of Pennsylvania has announced that alumni Ken Moelis and Julie Taffet Moelis have made a $10 million gift to establish the Ken Moelis and Julie Taffet Moelis Advance Access Program, a deferred admission opportunity that will provide a pathway to a Wharton MBA for highly-qualified Penn undergraduates whose academic and career interests expand traditional notions of business education.

The program adds to the school’s existing Submatriculation Program with a deferred-enrollment plan for the most competitive candidates, enabling them to apply and gain guaranteed admission as undergraduates, work for several years, and return to Wharton for their MBA.

The program is similar to Harvard Business School’s (2+2) program, though the Moelis’s gift may attract graduates from the humanities who have never considered an elite MBA program because of financial constraints.

It opens access to all Penn undergraduate students who aspire to set the stage early for their advanced education and highly successful careers. Ultimately, the program will expand to allow applications from the best undergraduate institutions across the U.S. and around the world.

The Moelis Advance Access Program helps Penn retain exceptional students from across the University – the College of Arts and Sciences, the School of Engineering and Applied Science, the School of Nursing, the Wharton School, and coordinated dual-degree programs – to continue their graduate degree at Penn through the MBA program.

The idea is to broaden the mix of students beyond typical MBA-seekers, who tend to apply after working in finance or consulting roles, Wharton Dean Geoffrey Garrett told the Wall Street Journal. “We don’t want students to have to choose between following their intellectual passion or social values and getting a good job,” he added.

“Increasing access to a Penn education is a pillar of the Penn Compact 2020, and I am so grateful to Ken and Julie for creating innovative ways to expand educational opportunity through their amazing commitment,” said President Amy Gutmann. “Ken and Julie are encouraging students to think early about their graduate degree, venture into diverse fields after graduation, and bring these robust, interdisciplinary experiences to their Wharton MBA journey.”

In the Moelis Advance Access Program, undergraduates may apply to the MBA Program during their senior year and, for those admitted, enter the workforce for two to four years before returning to Wharton for graduate school.

During this time, students will be empowered to pursue job opportunities in a range of fields, including those that capture their greatest interest and extend beyond the conventional definitions of business. They will also engage in the program and their fellow future classmates through professional development, mentoring opportunities, and social events.

Mr. and Mrs. Moelis’ gift will also provide financial assistance for selected students in this premiere program. Students in the program will be considered for a $10,000 fellowship each year during the two-year full-time MBA program in additional to other financial aid awards.

The results lie in the future generations of Moelis Fellows, the proud graduates who promise to shape a range of important and emerging industries – from analytics, to health care, and beyond. Students who participate in the new deferred-enrollment plan as well as those who complete their BS/MBA in five years as part of the existing Submatriculation Program will share the title, support, and distinction of being Moelis Fellows.

“In my personal experience as a submatric student, and now as CEO of a firm that recruits top MBAs from across the country, it is clear that ambitious students with unique aspirations do not always benefit from the one-size-fits-all track for MBAs,” said Mr. Moelis. “Julie and I are excited to unlock the potential of these students – to help them consider an expanded view of the fields that need their leadership and gain valuable, practical experience after completing their undergraduate degree and before starting their MBA.”

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Tuck School Does Some Myth-Busting for Military Applicants

Current and former members of the armed forces possess numerous skills that admissions boards value in an MBA candidate. Real-world leadership experience, the ability to strategize and think on their feet, and being able to …

Tuck school welcomes military veteransCurrent and former members of the armed forces possess numerous skills that admissions boards value in an MBA candidate. Real-world leadership experience, the ability to strategize and think on their feet, and being able to work well under high-pressure situations are just a few of the advantages a veteran brings to the table when applying for business school.

Coming from the armed forces rather than a civilian career path prior to business school can give rise to certain challenges when drafting an application, but it’s important to keep those concerns in perspective.  The Tuck 360 MBA Blog at Dartmouth’s Tuck School of Business has recently published a post dispelling some common myths for military applicants just in time for its upcoming Military Visit Day on May 1, 2017.

“The thought of applying to an MBA program and separating from the military can be intimidating, says Jarett Berke, a second-year Tuck student and a former USMC pilot.

“For years, we have had a steady paycheck backed by the U.S. Government, where layoffs were improbable and pay raises and promotions happened on a schedule,” he explains. “We’ve established ourselves within our respective communities, and our families have developed close relationships with others in our commands, squadrons, or platoons.”

With that in mind, Berke addresses eight common myths on the minds of prospective veteran students. Here’s an overview of his advice, but definitely check out Berke’s article through the link above for more details.

Myth: Being older puts you at a disadvantage. The maturity, experience, and poise that often comes with age are a major benefit to your classmates and the school. If anything, I would say that being older is actually an advantage.   

Myth: My partner won’t be able to find a job. Unemployment in the area last year got down to 1.9%, and there is no shortage of really interesting companies. Many partners end up working for Tuck, Dartmouth, or the hospital, and there are scores of very successful small businesses always in need to high quality people. 

Myth: My GMAT score is the most important part of my application. Wrong. The GMAT is just one piece of the puzzle, and you should think of it as a hurdle. Ultimately, the Admissions department looks at the whole person, including: experience, essays, interview, GPA, GMAT (or GRE), and career goals. Make sure you focus on all aspects of your candidacy, not just the GMAT.

Myth: A part-time MBA is equally valuable. Part-time or “executive” MBAs are great for people who want to take the next step in a career they ARE ALREADY IN. If you are pivoting (like all veterans), a top-tier full-time MBA puts you in a different population. You become an MBA with a military background, not a military person with an MBA. This may sound trivial, but it makes a big difference to employers. Plus, taking two years to focus on yourself is an opportunity you may never have again.

Myth: Vets don’t add much value to study groups. Military officers spend their careers making important decisions with limited information. We figure stuff out. We are quick learners, and we can get things done. The courses in business school go deep on a range of topics, and while there may be a few topics that someone in your group has experience in, the majority of the curriculum is new to everyone. Your ability to learn quickly, figure things out, and communicate effectively make you VERY valuable to the teams you are a part of.

An MBA is a great next step for transitioning veterans no matter what branch of service they come from. Applicants from the military should know that business school admissions teams highly value their experience, so if that’s your background, make sure your  applications highlight those powerful and unique qualities.

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Hosted by the Armed Forces Alumni Association (AFAA), Tuck Military Visit Day, themed “Setting You Up for Success,” will be Monday, May 1, 2017. During the event, you’ll get a chance to see what distinguishes Tuck among top-tier business schools and what you need to know to transition from the military into the right MBA program. Register here.

You may also be interested in:

Overcome 3 MBA Application Challenges Facing Military Veterans

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