Tag Archives: Harvard Business School

Harvard Business School Tops Bloomberg’s 2016 US Rankings

Bloomberg Businessweek has released its 2016 ranking of the best U.S. business schools, based on data compiled from more than 1,000 recruiters, 15,000 alumni, and 9,000 recent graduates. Harvard Business School claims the number one spot …

Bloomberg Businessweek has released its 2016 ranking of the best U.S. business schools, based on data compiled from more than 1,000 recruiters, 15,000 alumni, and 9,000 recent graduates. Harvard Business School claims the number one spot among 87 full-time U.S. MBA programs. Stanford Graduate School of Business is number two, and Duke’s Fuqua School of Business is number three. This is the second year in a row that Harvard came out on top—and this time by a wider margin.

Harvard Business School tops bloomberg ranking

HBS was rated No.1 by the more than 1,000 corporate recruiters, and No.3 among alumni. Its graduates left with the second highest salaries. Competition for the No.2 spot was particularly close this year, with Stanford edging out Duke-Fuqua by .08 percentage point for its highest ever Businessweek rank.

Bloomberg’s Top Ten U.S. Full-Time MBA Programs 

  1. Harvard Business School
  2. Stanford Graduate School of Business
  3. Duke University Fuqua School of Business
  4. Chicago Booth School of Business
  5. Tuck School of Business at Dartmouth
  6. University of Pennsylvania’s Wharton School
  7. MIT Sloan School of Management
  8. Rice University’s Jones Graduate School of Business
  9. Northwestern University’s Kellogg School of Management
  10. UC Berkeley Haas School of Business

“We continue last year’s focus on how well the schools channel their graduates into good jobs and, with a new survey of MBAs after graduation, offer more insight into what grads can expect from their careers,”  writes Bloomberg’s Lance Lambert.

Highlights of the 2016 ranking include:

  • Harvard had more than a nine point lead on its nearest competitor this year, up from less than two points in 2015.
  • Indiana University received the highest score among recent graduates.
  • Rutgers University’s 2015 grads had the highest job placement rate.
  • The University of Michigan does not appear in the top ten for the first time since Businessweek started the rankings in 1988.
  • This is the first year that Rice University has ranked in the top ten.
  • Alumni, recent graduates and recruiters all gave the University of Texas at Dallas better scores, helping to propel it 13 spots.

The Bloomberg ranking methodology includes an employer survey (35% of score), alumni survey (30%), student survey (15%), job placement rate (10%), and starting salary (10%).

“Our Full-Time MBA rankings comprise five elements. So it’s possible to rank highly without knocking every category out of the park,” Lambert explains. “For example, Stanford which is the No. 2 school on our list, ranked No. 57 for job placement.”

This year’s rankings includes 15 U.S. MBA programs that weren’t ranked last year, moving the list from 74 programs in 2015 to 87 in 2016. “With so many new programs added to the list, we saw a lot of movement throughout the rankings,”  Lambert notes.

The top 30 full-time U.S. MBA programs will be highlighted in the print issue of Bloomberg Businessweek on newsstands Friday, November 18, 2016.

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How to Find Your Business School Best Fit: Hear it From the Alumnae

If you plan to be in the New York City area on Thursday November 17th, I invite you to join us for an SBC Consulting-sponsored event, B-School: Finding an A+ Fit. Whether you are currently …

If you plan to be in the New York City area on Thursday November 17th, I invite you to join us for an SBC Consulting-sponsored event, B-School: Finding an A+ Fit.
business school selection

Whether you are currently in the process of applying to business school or would like to share your own experiences, the networking opportunities alone are reason to attend.

Featuring alumnae from The Wharton School, Harvard Business School, Stanford Graduate School of Business and The Kellogg School of Management who went on to become CEOs, founders, and leading brand representatives, this event will showcase these hand-picked, prestigious alumnae and their achievements post-graduation.

The Details

When: Thursday, November 17th from 7:00pm – 8:30pm

Where: WeWork, 300 Park Ave. 12th floor, New York, NY 10022

Admission: $10 | Covers refreshments and snacks

Agenda for the Evening

7:00 – 7:20pm | 20 minutes for networking, drinking & snacking

7:20 – 7:30pm | Welcome and intro of speakers

7:30 – 8:00pm | Q&A

8:00 – 8:15pm | Audience Q & A

8:15 – 8:30pm | Wrap-up & final networking (+ more drinking, snacking)

Featured Speakers

From The Unversity of Pennsylvania’s Wharton School: Lara Crystal, Co-CEO & Co-Founder of Minibar

From Northwestern University’s Kellogg School of MangementJodi Genshaft, Senior Brand Manager at Chobani and Kelsey Recht, CEO & Founder of VenueBook

From Stanford Graduate School of BusinessLaura Holliday, Chief Marketing Officer at Zola

From Harvard Business SchoolJill Applebaum and Jillian Ressler, Co-Founders of Spruce & Co

*****

Get your tickets today and come ready with questions for this intimate evening of networking and discussion!

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Advice for First-Years from an HBS Alumna

There’s nothing like advice that comes straight from the source, so if Harvard Business School is on your short list, you shouldn’t miss this great post published recently in the student newspaper The Harbus. In What …

There’s nothing like advice that comes straight from the source, so if Harvard Business School is on your short list, you shouldn’t miss this great post published recently in the student newspaper The Harbus.

Harvard Business School students

In What I Wish I’d Known This Time Last Year, Rahima Dosani (MBA ’16)  offers advice for first-year students, AKA RCs, which she wrote during her EC year.  We’ll share some excerpts here, but definitely check out her entire piece for some really helpful tips for students just getting their bearings as they settle in on campus.

You are your own worst critic. No one remembers a comment for more than 2 minutes after you make it. Sometimes not even that long. Don’t be afraid to raise your hand and say what you are thinking, and don’t beat yourself up afterward. Your opinions matter.

Stay in touch with your family and friends. In the craziness that is RC year, it is so easy to forget to call home and forget about your high school, college, and work friends who have been by your side for years. They may not really understand what your life is like, but keeping them close will be restorative and grounding for you in so many ways.

Quality over quantity.  Ask yourself: “Who would I want to keep in touch with or take a trip with many years after graduation?” Those are the people you should spend most of your time with. Be friendly with everyone, but don’t exhaust yourself trying to build close friendships with 95 people. 

Ain’t no shame in getting a 3. Your life and career will be filled with just as much meaning, fulfillment, success, and happiness as it would be if you had gotten a 2. Guaranteed.

Professors are awesome. Share with them your concerns or thoughts about participation, class content, or just life. They value connecting with you and can be an incredible source of inspiration and comfort.

You do belong here. When you feel like you don’t fit in, can’t figure out FIN for the life of you, and don’t see things the same way as other people, just remember that’s the value you bring to the table. And other people are definitely feeling the same way – you’re not alone.

HBS doesnt need to be the best two years of your life. It’s awesome if it is. But it’s totally okay if it’s not. It just needs to be worth it for you. So “do you.” Invest in what you really enjoy or want to learn. Do what you need to do to make this time here meaningful for you.

You may also be interested in:

5 Common Interview Questions from Harvard Business School

Image by HBS1908 (Own work) CC BY-SA 3.0 

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Advice for the Harvard Business School Admissions Essay

This probably comes as no surprise to many of you, but Harvard Business School has notoriously low acceptance rates, which is why applicants to HBS must answer the required essay question both thoughtfully and strategically. Business …

HBS essay tips

This probably comes as no surprise to many of you, but Harvard Business School has notoriously low acceptance rates, which is why applicants to HBS must answer the required essay question both thoughtfully and strategically.

Business Insider recently shared my tips for this season’s crop of candidates, who, quite honestly, will probably have an easier time compared to last year’s simply because HBS decided to forgo the creative prompt for a simple, straightforward question.

It’s interesting to note how the essay at this top b-school has morphed over the past three years. Two seasons ago, there was an optional essay question that threw many applicants into a tailspin. Realizing applicants didn’t really want “optional,” the school posed this question for the Class of 2018 application essay:

It’s the first day of class at HBS. You are in Aldrich Hall meeting your “section.” This is the group of 90 classmates who will become your close companions in the first-year MBA classroom. Our signature case method participant-based learning model ensures that you will get to know each other very well. The bonds you collectively create throughout this shared experience will be lasting.

Introduce yourself.

I think that the more ‘creative’ format of the introduction may have muddied some of the answers, wasting word count being cute, setting up a conversation, etc., prompting the admissions team to look toward something vastly more streamlined for this year. This is the question for the Class of 2019 application essay:

As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA program?

The most challenging part of this essay is remaining disciplined. With unlimited space to make your case, you may be tempted to compose a laundry list of everything interesting or impressive you have ever done.

That urge could backfire, as the essay is used to determine who isn’t a fit for HBS as much as those who deserve the chance to move into the interview round. Maturity, accomplishment, and leadership are highly valued qualities and this essay is your chance to display those qualities through the stories you choose and the voice coming through your writing.

Is Harvard Business School on your list of target schools this season? If so, follow the link above to the full article on Business Insider to read more of my HBS essay tips!

You may also be interested in:

No. 1 Trait HBS Looks for in MBA Applicants

Image credit: Flickr user Chris Han (CC BY-NC-SA 2.0)

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The Economist’s 2016 Ranking of the World’s Best MBA Programs

In The Economist‘s recently published ranking of the World’s Best Full-Time MBA Programs, the Chicago Booth School of Business once again comes out on top…for the sixth time in seven years. Despite Booth’s reputation for finance and super quants, The …

In The Economist‘s recently published ranking of the World’s Best Full-Time MBA Programs, the Chicago Booth School of Business once again comes out on top…for the sixth time in seven years.

chicago booth tops Economist MBA ranking

Despite Booth’s reputation for finance and super quants, The Economist finds it to be a well-rounded MBA program, with graduates gushing about finding nearly guaranteed employment in the widest range of industries, and students believing the Chicago Booth career services, faculty, and facilities were top-notch.

While acknowledging that rankings are controversial, and that what makes a good MBA program varies for each individual, The Economist aims to look at business schools from the students’ perspective.

Their responses on how well the program delivers the things students themselves cite as most important inform the criteria The Economist measures and the weightings they apply. Four factors have consistently emerged when students assess the quality of their MBA program:

  • open new career opportunities and/or further current career (35% weighting)
  • personal development and educational experience (35%)
  • increase salary (20%)
  • networking potential (10%)

(see full methodology)

Top Ten Full-Time MBA Programs

  1. Chicago Booth School of Business
  2. Northwestern’s Kellogg School of Management
  3. UV Darden School of Business
  4. Harvard Business School
  5. Stanford Graduate School of Business
  6. Dartmouth’s Tuck School of Business
  7. UC Berkeley Haas School of Business
  8. IESE Business School
  9. HEC Paris
  10. University of Queensland Business School (Australia)

There’s a fair amount of volatility to be found within this newly released ranking, with Kellogg School jumping five spots in the 2016 ranking, up from 7th place last year. Stanford GSB, meanwhile, ranked 13th in 2015, and IESE held 14th place.

More dramatically, Spain’s ESADE Business School fell 33 places to No. 54 this year, and IMD of Switzerland has also seen a precipitous decline, going from the top spot in 2008 to 23th place today.

Darden School was ranked No. 1 for educational experience for the sixth consecutive year.

While we don’t like to encourage clients to focus too heavily on rankings when they’re making their MBA program selections, we also know those headed for b-school really can’t help themselves. But placing too heavy an emphasis on rankings can actually become a distraction for some applicants, so be sure to consider multiple factors when making your final school selection.

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