Tag Archives: Harvard Business School
October 26, 2016
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.
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 doesn’t 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.
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Image by HBS1908 (Own work) CC BY-SA 3.0
October 19, 2016
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 …
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.
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!
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Image credit: Flickr user Chris Han (CC BY-NC-SA 2.0)
October 18, 2016
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.
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
- Chicago Booth School of Business
- Northwestern’s Kellogg School of Management
- UV Darden School of Business
- Harvard Business School
- Stanford Graduate School of Business
- Dartmouth’s Tuck School of Business
- UC Berkeley Haas School of Business
- IESE Business School
- HEC Paris
- 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.
October 12, 2016
The Harvard Life Lab, poised to open in November, is the newest addition to the growing portfolio of innovation facilities at Harvard Business School. Made possible by a gift from HBS alumni Judy and Steve Pagliuca, the …
The Harvard Life Lab, poised to open in November, is the newest addition to the growing portfolio of innovation facilities at Harvard Business School. Made possible by a gift from HBS alumni Judy and Steve Pagliuca, the lab will connect students and alumni interested in biotech, pharma, and other life sciences-related fields with a fully equipped wet lab environment and the resources they need to take their ventures to the next stage of development.
Building on the success of the Harvard Innovation Lab (i-lab), the Harvard Launch Lab, and the One Harvard mission, the Life Lab offers shared space for high-potential life sciences and biotech startups founded by Harvard faculty, alumni, students, and postdoctoral scholars.
Over the past five years the i-lab has attracted students and faculty from across the university, some of whom want to pursue ideas in the life sciences that require wet lab facilities. Wet labs are laboratories that test chemicals, drugs or other materials that require direct ventilation and specialized accommodations.
The Life Lab will contribute to building a thriving start-up community in Allston by seeding the campus with early stage scientific ventures. Together with the i-lab and Launch Lab, the Life Lab will foster the cross-disciplinary approach to entrepreneurship that will enable deeper impact and outcomes, and will reinforce President Drew Faust’s vision of One Harvard.
“The Life Lab is a vital building block in Harvard’s efforts to create an innovation hub in Allston that encourages our students and faculty to explore and nurture ideas that lead to new knowledge, new products, new services and perhaps even new industries,” says Faust.
The 15,000-square-foot facility will have fully equipped and permitted laboratory and office space for early-stage companies. The Life Lab will house approximately 20 ventures at a time, and typically would comprise two to five individuals who demonstrate expertise in the technology/science, as well as an understanding of the commercial/market need, and a vision for how they will build a viable business. The ventures represent eight different Harvard schools and nearly 50% have a female founder.
“We hope by building community we will accelerate their development and increase their likelihood of future success and ultimate impact on the world,” says Jodi Goldstein, Managing Director of the Harvard Innovation Labs, who notes that the inaugural teams reflect the breadth and diversity of Harvard representing the One Harvard, cross disciplinary approach to innovation that builds community and connection among the ventures.
“We believe innovation in the life sciences is critically important to the future of our region from an economic standpoint and equally important to all of our futures in its potential to solve complex health problems,” says Steve Pagliuca.
“We are thrilled to be able to contribute to the innovation movement at Harvard and we are excited at the potential of the ideas that will emerge from this new space,” added Judy Pagliuca.
Image via Harvard Business School