Tag Archives: Darden School of Business

UV Darden Tops Forbes List of Most Satisfied MBAs

Wondering which MBA grads feel the most love for their alma mater? According to Forbes‘s list of business schools with the most satisfied MBA graduates, it’s not directly related with the programs that the magazine …

Darden most satisfied MBAs

Wondering which MBA grads feel the most love for their alma mater? According to Forbes‘s list of business schools with the most satisfied MBA graduates, it’s not directly related with the programs that the magazine ranked highest for return on investment back in September.

“Grads from Harvard, Columbia and University of Pennsylvania’s Wharton School had three of the four highest salaries among U.S. schools five years after graduation (only Stanford grads banked more). However, alumni from all three schools rank their job satisfaction among the bottom half of the 50 schools in our universe despite paychecks north of $200,000 on average,” reveals Forbes‘s reporter Kurt Badenhausen.

To come up with the list, Forbes explains that it looks at salary data from the ROI ranking published earlier this fall, and also asks alumni to comment on their satisfaction with their education, and how well  they feel the degree prepared them relative to other MBAs and their current jobs.

Top Ten Business Schools with the Happiest Graduates:

  1. Darden School of Business
  2. Dartmouth Tuck School of Business
  3. USC Marshall School of Business
  4. Michigan State Eli Broad College of Business
  5. Emory University Goitzueta Business School
  6. Stanford Graduate School of Business
  7. Chicago Booth School of Business
  8. MIT Sloan School of Management
  9. UCLA Anderson School of Management
  10. Northwestern Kellogg School of Management

“Some MBA rankings measure satisfaction of students at graduation, but we look at satisfaction five years out of school when students have had time to reflect on their educational experience and how they compare to other MBAs in the labor force,” writes Badenhausen. “Overall students gave their educations very high marks and less so for their current employment situation.”

To learn more about what makes each of these business schools so special in the eyes of their alumni, read the complete article on Forbes.

(image credit: Flickr user tldagny, CC 2.0)

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7 Podcasts to Feed Your Mind This Thanksgiving Weekend

When you finally emerge from your Tryptophan coma this Thanksgiving weekend and have a hankering for some food for thought, check out these illuminating B-school podcasts that cover entrepreneurship, creativity, leadership and marketing tactics. Professor …

When you finally emerge from your Tryptophan coma this Thanksgiving weekend and have a hankering for some food for thought, check out these illuminating B-school podcasts that cover entrepreneurship, creativity, leadership and marketing tactics.

MBA podcasts

Professor Dorie Clark at Duke University’s Fuqua School of Business talks about what it takes to succeed in business today. Whether you’re an entrepreneur or an employee, it’s all about standing out.

From the online publication Kellogg Insight, October’s faculty podcast features two Kellogg School of Management professors and a lecturer about the power of storytelling, as well as their tips to become a better storyteller.

Wendy Huber, Assistant Dean for the Full-Time MBA Program at Darden School of Business offers tips on how to achieve success in business school.

Harvard Business School launched a podcast series this fall called Cold Call, and the episode “Dangerous Mines: Saving Lives Through Leadership” stresses safety in South Africa’s platinum mines.

Brit Morin, founder and CEO of Brit + Co, discusses Inspiring Creativity with Great Content in this podcast from Entrepreneurial Thought Corner at Stanford University.

Nicholas Epley, professor of behavioral science at Chicago Booth School of Business, debunks some dangerous myths about gender differences.

This one falls under the marketing category, but it’s also just really fun and interesting for anyone headed to see “Spectre” this weekend. The Wharton School‘s Knowledge@Wharton publication offers this new podcast: The Spy Whom We Loved: The Enduring Appeal of James Bond.

We hope you enjoy this little bit of brain food and find something useful—and interesting—in each of these suggestions.

Image credit: Flickr user Patrick Breitenbach (CC By 2.0)

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Stay in the Know with News Recommended by MBAs

Once you’re in b-school, your time is at a premium and it can be a struggle to stay on top of everything that’s going on across the business world. I think the new website 10Thoughts, …

news for MBAs

Once you’re in b-school, your time is at a premium and it can be a struggle to stay on top of everything that’s going on across the business world. I think the new website 10Thoughts, started by a Darden School of Business 2015 MBA grad, can really help applicants and students (or anyone, actually) who want to keep up with today’s relevant problem solving, thinking and ideas across the business spectrum.

Jack Mara, founder and CEO of 10Thoughts, says he became frustrated with having to search through many publications in order to stay well-versed on important topics and issues in business while a student at Darden.

The site shares original content as well as news stories recommended and vetted by actual MBAs, professors, and executives, and covers content across different topics, functions, and publications.

“Our readers trust the quality of the content because it comes with the recommendation of a talented peer rather than a machine or algorithm,” Mara says, adding that 35% of students across the top 20 schools in the incoming class of 2017 currently use 10Thoughts.

The site is a great resource for b-school applicants because, while most professionals tend to focus closely on their own area of expertise, it’s really important to be conversant on a range of relevant business issues—particularly for those MBA interviews.

“Companies are looking for general managers and leaders that can think across functions and understand how different pieces of the puzzle all interact,” Mara says. ” This will help you speak more intelligently about the business world and different career paths in both your MBA applications and interviews.”

I contributed an article of my own last week called Filling in the White Spaces for the Job Hunt, but the advice rings true for MBA applicants as well. So go ahead and check out 10Thoughts – it’s free – and you can sign up to receive the weekly featured article email, too.

image courtesy of www.gotcredit.com

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How Do You Know if You’re Ready for B-School?

Is there such a thing as a right time to apply for an MBA? Many prospective b-school applicants confront this question when they feel that their current career trajectory has stalled. For others, pursuing an …

timing your MBA

Is there such a thing as a right time to apply for an MBA? Many prospective b-school applicants confront this question when they feel that their current career trajectory has stalled. For others, pursuing an MBA straight out of undergrad is a no-brainer, as they avoid putting their lives on hold for two years—and forgoing a potentially significant salary to do so.

While everyone’s timing for applying to business school varies depending on their circumstances, there are a few things you should be able to clearly articulate when you’re ready to take the plunge.

This week, the MBA blog published by the UV Darden School of Business poses four questions you should ask yourself to determine whether now’s the time to start cranking out those essays and rounding up your references. The advice is spot-on, and valid no matter where you plan to apply.

  1. What are my career goals?

Darden says: Not everyone knows their specific career goals when heading to business school, but as a general rule, they have a pretty good idea. Maybe you want to move up within your current industry or company. Maybe you want to switch to an entirely different industry and need to build the foundation to get the job that you want. Or maybe you’re aspiring entrepreneur who wants to learn more about business so you can start one of your own. Business school can propel you in many directions, but you can also miss out on great opportunities if you don’t know what you are looking for.

2. Do I have enough work experience?

Darden says: Most MBA programs want you to have an average of four years of work experience. At Darden, the average age of students in our full-time program is 27. Having work experience is important because it teaches you how to work with a team, practice your leadership skills and learn more about the business world, which in turn will help you lay out your career goals.

3. Do I have the basic skills necessary to thrive in business school?

Darden says: While Darden looks for students with a wide range of experiences, there are certain skill sets that will come in handy as you embark on your MBA journey. One of those is quantitative analysis, which will be useful as soon as you start to study for the GMAT or GRE, and will continue to be helpful as you prepare to lead in the business world. If you didn’t take many quantitative classes in college, it might be helpful to brush up on your skills so you are ready for the first day of b-school.

4. Do I know what I’m looking for in an MBA program?

Darden says: There are all kinds of MBA programs around the world. Some are full-time; some allow you to work while you get your degree. Some excel at finance, while others specialize in general management or consulting.  The options are endless, so it is up to you to figure out which school is right for you.

It’s no surprise that an MBA expands your skill set and your network of contacts, as well as significantly increases your long-term earning potential. Candidates should talk with family, friends, and mentors—and potentially an MBA application adviser—early in the application process to determine where they are in the so-called “window” for business school.

But only you can judge when all of the necessary elements have come together to make the time right.

You may also be interested in:

Think You’re Ready for an MBA? Use This Checklist and Find Out!

Advice from an Early Career MBA

image credit: Flickr user Cam Evans (CC BY-ND 2.0)

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UV Darden Fall 2016 MBA Application Deadlines

The Darden School of Business at the University of Virginia has announced the MBA application deadlines for the 2015-2016 admissions season. Round 1 Application deadline: October 8, 2015 Decision released: December 16, 2015 Round 2 …

Darden application deadlinesThe Darden School of Business at the University of Virginia has announced the MBA application deadlines for the 2015-2016 admissions season.

Round 1

Application deadline: October 8, 2015
Decision released: December 16, 2015

Round 2

Application deadline: January 8, 2016
Decision released: March 23, 2016

Round 3

Application deadline: April 8, 2016
Decision released: May 11, 2016

All applications are due by 12p.m. EST on the day of the deadline, and all decisions are released at 12 p.m. EST on the decision release day.

For more information, please visit the Virginia Darden MBA admissions website.

You may also be interested in:

Tuesday Tips: UV Darden School of Business Fall 2016 Essay Tips

Darden Announces Enhancements to MBA Curriculum

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Tuesday Tips: UVA Darden Fall 2016 MBA Essay Tips

While writing only 500 words for your Darden MBA application essay may seem simple, it requires discipline to highlight all of the important parts of your profile for the admissions committee in one short essay. …

While writing only 500 words for your Darden MBA application essay may seem simple, it requires discipline to highlight all of the important parts of your profile for the admissions committee in one short essay. Writing a successful essay with such limited space requires you to focus only on your most compelling attributes.

Leadership is crucial to future Darden MBAs. Personal qualities are also important to Darden, a school with a small, tight-knit community. Darden, similar to HBS, is devoted to the case method of teaching business subjects. Learn more about the school by visiting the Darden website, attending events and speaking with current students and alumni.

MBA Application Essay Question:
Describe the most important professional feedback you have received and how you responded to it. (500 words maximum)

In this question Darden is seeking to understand how you take feedback and how you process and learn from feedback. Feedback is often the first stage to grow and develop as a professional and as a leader. Learning to take all feedback – both positive and critical – and examining and incorporating the lessons from that feedback into your development is a sign of maturity.

As you describe the professional feedback you will want to set the stage for the feedback by describing your relationship with the person who gave you the feedback and any background facts. Take the time to describe how you felt while receiving the feedback, and don’t be afraid to talk about having uncomfortable feelings about it. It’s a normal reaction to feel threatened by criticism, which is often what professional feedback is perceived as. If the feedback was positive make sure you can use the story to demonstrate development and growth.

If you can’t think of the most important moment of feedback you have received, think about working backwards from a professional accomplishment you are proud of. As you think about the areas where you have excelled you may find that the trigger was a piece of important advice or feedback from a manager, peer or customer.

Make sure your feedback story enhances the overall package of your application. You have your career history submitted in your resume. Your GPA, transcript and GMAT will demonstrate academic ability. This essay is one of your few opportunities to show how you think, what your leadership approach is, and how you improve as a result of input from other people. Think about the situations that showcased your best performance at work, or that taught you something about your interests or future career goals.

Because you have only one essay question to present yourself, make sure you have a trusted reader to tell you if you are effectively communicating why you are going to be a strong leader who deserves a spot in the UVA Darden MBA class.

Looking for perspective in your approach to your Darden MBA application? Contact us to discuss how Stacy Blackman Consulting can help.

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