Category Archives: School News

Wharton Debuts Interactive Budget Model Tool

The University of Pennsylvania’s Wharton School has announced the launch of the Penn Wharton Budget Model. The nonpartisan, interactive budget model is a tool available at no cost to users and is available online and from the tap …

Penn Wharton Budget Model

The University of Pennsylvania’s Wharton School has announced the launch of the Penn Wharton Budget Model. The nonpartisan, interactive budget model is a tool available at no cost to users and is available online and from the tap of a tablet or smartphone.

The Model, a tool developed through the Penn Wharton Public Policy Initiative, allows policymakers and the public to make more informed decisions and better understand the economic and fiscal implications of proposed policies.

Something as important as the federal budget – which impacts our ability as a country to create jobs and prosper – should be as accessible and transparent as the other important information we consume on a daily basis.

“At Wharton, we see an opportunity to make a difference at the intersection of business and policy – to help business, legislators and the public make crucial decisions based on rigorous data rather than ideological debate,” said Geoff Garrett, Dean of the Wharton School.

“With the accurate, accessible and transparent economic analysis of the Penn Wharton Budget Model, we’re harnessing the power of information for policy impact and using our analytics expertise to fuel data-driven decision making,” Garrett continued.

The first available modules of the Penn Wharton Budget Model allow users to test policies specific to immigration and Social Security. Additional modules in development include healthcare, criminal justice, education, retirement, housing and tax reform, which will follow.

Developed by a team of former Congressional Budget Office and Treasury Department economists and leading technologists, under the leadership of Wharton Boettner Professor and Professor of Business Economics and Public Policy Kent Smetters, the budget model uses macro assumptions that take into account constant changes over time, such as demographic and economic shifts, for more accurate long-range forecasting.

The model’s dial controls allow users to test a range of different forms of policies. For Social Security, the user can see the effects of 4,096 different policy combinations. For immigration policy, there are 125 policy combinations.

“Our goal in developing the Penn Wharton Budget Model is to provide a ‘sandbox’ to test the economic impact of different policy ideas,” said Smetters, who leads the Penn Wharton Budget Model team of more than a dozen researchers, analysts and economists. “Numerous policymakers have told us that they want reliable and speedy analysis, with transparent assumptions, while legislation is being drafted.”

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IESE Fall 2017 MBA Application Deadlines

IESE Business School has posted the following application deadlines for the 2016-2017 admissions season. Round 1 Application due: October 4, 2016 Decision released by: November 25, 2016 Round 2 Application due: January 5, 2017 Decision …

IESE

IESE Business School has posted the following application deadlines for the 2016-2017 admissions season.

Round 1
Application due: October 4, 2016
Decision released by: November 25, 2016

Round 2
Application due: January 5, 2017
Decision released by: March 10, 2017

Round 3
Application due: March 7, 2017
Decision released by: April 28, 2017

Round 4
Application due: April 18, 2017
Decision released by: June 1, 2017

For more information, please visit the IESE MBA admissions website.

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MIT Sloan Fall 2017 Application Deadlines, Essay Alternative

The MIT Sloan School of Management has announced the MBA application deadlines for the 2016-2017 admissions season. The application to the full-time MBA program will not include a traditional essay question this year; instead, the admissions team has come up with …

MIT sloan deadlines, essay

The MIT Sloan School of Management has announced the MBA application deadlines for the 2016-2017 admissions season. The application to the full-time MBA program will not include a traditional essay question this year; instead, the admissions team has come up with a new twist for Sloan aspirants.

Fall 2017 Deadlines

Round 1
Application due: September 15, 2016
Decision released: December 19, 2016

Round 2
Application due: January 17, 2017
Decision released: April 3, 2017

Round 3
Application due: April 10, 2017
Decision released: May 17, 2017

Fall 2017 Essay Alternative

“This year, instead of responding to an essay question,  we are asking applicants to submit a cover letter along with their resume. Your cover letter is an opportunity to introduce yourself, describe your past successes, and explain why MIT Sloan’s MBA Program is the right place for you.”

Your letter should conform to a standard business correspondence and be addressed to Mr. Rod Garcia, Senior Director of Admissions. (250 words or fewer)

Optional Essay:
The Admissions Committee invites you to share additional information about yourself, in any format. If you choose a multimedia format, please host the information on a website and provide us with the URL.

Suggested guidelines:
Please keep all videos and media limited to 2:00 minutes total in length.
Please keep all written essays to 500 words or less.

The MIT Sloan application goes live on July 11, 2016. Please visit the admissions website for further details and directions.

Image credit: Vitor Pamplona (CC BY 2.0)

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Fall 2017 MBA Application Deadlines at Cornell’s Johnson School

The Samuel Curtis Johnson Graduate School of Management at Cornell University has posted the following MBA application deadlines for the 2016-2017 admissions season. Round 1 Application due: October 5, 2016 Initial notification: November 15, 2016 Round …

Cornell Johnson application deadlines

The Samuel Curtis Johnson Graduate School of Management at Cornell University has posted the following MBA application deadlines for the 2016-2017 admissions season.

Round 1

Application due: October 5, 2016
Initial notification: November 15, 2016

Round 2

Application due: November 15, 2016
Initial notification: January 10, 2017

Round 3

Application due: January 10, 2017
Initial notification: March 15, 2017

Round 4*

Application due: March 15, 2017
Initial notification: April 5, 2017

*After Round 4, applications will be received and reviewed on a space available basis.

Applications should be submitted by 11:59 PM Eastern Time. Applicants will receive one of three initial notifications following a preliminary review of your application and materials: invitation to interview, waitlist without interview or denial of admission. Final decisions are released on a rolling basis.

For more information, please visit the Cornell Johnson MBA admissions website.

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CMU Tepper School Fall 2017 MBA Essays

Carnegie Mellon University’s Tepper School of Business has posted the updated MBA essay questions for the 2016-2017 admissions season. This year, there is only one required essay—down from two in the last cycle. They are: Required …

CMU tepper MBA essay questions

Carnegie Mellon University’s Tepper School of Business has posted the updated MBA essay questions for the 2016-2017 admissions season. This year, there is only one required essay—down from two in the last cycle. They are:

Required Essay

Imagine that you meet up with a member of the admission committee at an airport while on a layover. You have an opportunity to make a memorable impression. Use this essay to introduce yourself. Include any information that you believe is important for the committee member to know about you both professionally and personally. (Maximum 300-350 words, 12-point font, double-spaced)

Optional Essay

  • Use this essay to convey important information that you may not have been otherwise able to convey. This may include unexplained resume gaps, context for recommender selection, etc.
  • If you are a re-applicant, explain how your candidacy has strengthened since your last application.

For more information about applying to CMU Tepper, please visit the Tepper MBA admissions website.

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Tepper School of Business Fall 2017 MBA Application Deadlines

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UCLA Anderson Fall 2017 MBA Application Deadlines

The UCLA Anderson School of Management has posted the application deadlines for the 2016-2017 MBA admissions season. They are as follows: Round 1 Application due: October 6, 2016 Decision released: December 15, 2016 Round 2 …

UCLA Anderson application deadlines

The UCLA Anderson School of Management has posted the application deadlines for the 2016-2017 MBA admissions season. They are as follows:

Round 1

Application due: October 6, 2016
Decision released: December 15, 2016

Round 2

Application due: January 5, 2017
Decision released: March 29, 2017

Round 3

Application due: April 12, 2017
Decision released: May 24, 2017

Candidates must submit their application by 11:59 PM Pacific Time on the day of the deadline in order to be considered for that round. The online application will be available on August 1, 2016.

For more information, please visit the Anderson MBA admissions website.

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