Tag Archives: Stanford GSB
March 17, 2015
Are you wondering what the hot MBA jobs of the future will be? Take a look at these six up-and-coming jobs that US News & World Report highlights as well-suited for business school graduates. Not surprising, they all command solid salaries, and the US Bureau of Labor Statistics predicts hiring growth in these industries.
Here are US News’s top picks:
Operations research analyst: Higher-level operations research analysts usually have an MBA with a specialization in production and operations management. Consider top schools, such as University of Pennsylvania’s Wharton School and the Michigan Ross School of Business.
IT Manager: These professionals supervise employees, communicate with internal executives and outside vendors as well as plan various tech upgrades for their employer. Check out the excellent program for information systems at MIT Sloan School of Management.
Management Analyst: These professionals provide feedback on improving an organization’s efficiency and profitability. Competitive candidates have a few years of experience in operations, and have earned an MBA with a focus on management. Stanford Graduate School of Business and Harvard Business School have top programs.?
Financial analyst: These professionals help companies determine when to buy and sell investments. The Chicago Booth School of Business and the NYU Stern School of Business offer top finance programs.
HR specialist: These professionals work with a company’s employees, by doing anything from recruiting them to training them to explaining their benefits. HR specialists don’t need an MBA, but the degree will help them stand out from the competition.
Information security analyst: These analysts monitor and protect an organization’s computer network and systems. Companies prefer to hire those with an MBA. The UT McCombs School of Business and Carnegie Mellon University’s Tepper School of Business are top-notch programs for studying information systems.
As you can see, employers are looking for skilled managers to lead the way in today’s global economy. Business and management degrees can be a powerful driver of confidence and opportunity to achieve those ambitious goals.
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February 20, 2015
The men who take a Stanford Graduate School of Business course on female entrepreneurship do so for the eye-opening exposure to some of the down-and-dirty aspects of starting your own business. Learning about the strategic …
The men who take a Stanford Graduate School of Business course on female entrepreneurship do so for the eye-opening exposure to some of the down-and-dirty aspects of starting your own business. Learning about the strategic and business challenges of entrepreneurship is great, but what about the expectations and emotions of starting a business? How does starting a company impact your personal life? What are you willing to give up to get your business off the ground?
While women are still the majority participants in the “Entrepreneurship from the Perspective of Women” course taught by Professor Fern Mandelbaum, that may change as word continues to spread of the “people issues” covered in the course, a recent profile piece in Fast Company reveals.
The idea for the course came ten years ago, when Professor Garth Saloner, currently dean of the Stanford GSB, created a two-week seminar on female entrepreneurship with the simple goal of exposing business students to a multitude of entrepreneurship examples. As of 2015, the class will be offered as a full, quarter course.
Three male students interviewed in the article say they signed up for the course because they wanted to better understand the real-life challenges and decisions that entrepreneurs have to make.
“In a lot of the other classes, you hear the stories of winners … not to say that you didn’t hear it in this class, but the tone of it was more about the trade-offs that you have to make along the way,” says former student Andrew Yaffe. “We had both male and female speakers in the class addressing topics in term of how often they were able to see their children, when they started their company, what was the initial pay they took. I found the male and female perspectives valuable.”
The course name may dissuade male students who assume it’s a class for women, but Professor Mandelbaum hopes that will soon change because the topics are important for future business leaders of either gender in order to create inclusive work environments.
Men may not think business school is the place to learn some of the personal aspects covered in the class, but, says past participant Johnson Ci Yu Fung, “What better way to generate innovation than to see it from a perspective that the other half of the population experiences?”
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December 26, 2014
Stanford Graduate School of Business‘s course on female business leaders has become so popular it has a lengthy waiting list. According to a recent profile in Fortune, “Entrepreneurship from the Perspective of Women,” taught by …
Stanford Graduate School of Business‘s course on female business leaders has become so popular it has a lengthy waiting list. According to a recent profile in Fortune, “Entrepreneurship from the Perspective of Women,” taught by Professor Fern Mandelbaum, will now be offered as a full, quarter course, beginning in 2015.
The idea for the course came ten years ago, when Professor Garth Saloner, currently dean of the Stanford GSB, created a two-week seminar on female entrepreneurship with the simple goal of exposing business students to a multitude of entrepreneurship examples.
According to the current course description, this seminar shows how successful women entrepreneurs navigated finding an idea, forming and building a team, being an effective leader, raising money, overcoming setbacks, and assembling a board. It also explores some of the unique challenges women face when approaching entrepreneurship.
“Something that we talk a lot about [in the class] is, ‘how do you use your differences as strengths?’” Mandelbaum tells Fortune. “And [these feelings] could come from being an Asian or African-American person or an introverted male. It’s not just women, but the fact of the matter is, 50 percent of the population is women, and many of them view their differences as weaknesses.”
Female enrollment at the Stanford GSB currently stands at 42%, and perceptions are evolving so that participants no longer view the topics covered in the course as women-specific issues; rather, they are simply people issues, and are important for anyone who wants to be successful in today’s diverse business environment.
“Everything in the class is as important for men as it is for women,” Mandelbaum says.
November 5, 2014
Stanford Graduate School of Business has launched a new, online model for executive learning that recreates the intimate and academically rigorous on-campus Stanford experience in an interactive online environment, the school announced Wednesday. The new …
Stanford Graduate School of Business has launched a new, online model for executive learning that recreates the intimate and academically rigorous on-campus Stanford experience in an interactive online environment, the school announced Wednesday.
The new model will launch with the Stanford LEAD Certificate: Corporate Innovation, which aspires to help participants learn, engage, accelerate, and disrupt (LEAD). It is aimed at professionals who wish to drive new initiatives and effectively implement change within their organizations.
“The program brings these compelling elements of Stanford to the world of online executive learning for the first time by combining a highly selective cohort and technology that enables self-paced learning, shared team work, and a cloud-based immersive space for group experiences,” says Peter DeMarzo, Faculty Director for Educational Technology at the GSB.
This eight-course program will help participants develop their abilities to identify the ideas that deliver the most impact and to overcome organizational barriers. The program integrates real-time class discussions, ongoing feedback from world-class faculty and high-quality peers, engaging instructional video, online exercises, group projects, live-streamed events at Stanford GSB, and access to Silicon Valley leaders.
The certificate will include three foundational courses: Financing Innovation: The Creation of Value, Critical Analytical Thinking, and Strategic Leadership. Participants will choose five innovation-focused electives from among ten that include Design Thinking: Building Brands Inside Out, Startup Garage for Intrapreneurs, Business Model Design, and Using Neuroscience to Influence Behavior.
Over the next several years, the school expects to offer other certificate tracks in addition to Corporate Innovation, DeMarzo says.
“Developing an online pedagogy gave us the freedom to think anew about how people can best learn, retain, and use this material. We’ve created a Stanford experience that people can digest on their own turf, at their own pace, and apply in real time.”
Unlike Massive Open Online Courses (MOOCs), participants in the Stanford LEAD Certificate will be chosen by application into a select cohort of executives. This will enable all participants to interact directly with faculty, receive meaningful feedback, and benefit from a learning community of like-motivated peers. No more than 100 participants will be admitted to the first 2015 cohort.
Stanford GSB has chosen to incorporate a suite of technologies to support this multifaceted, interactive experience, including the NovoEd online learning environment to enable team-based projects and collaboration.
All participants will need is a video-enabled computer and an internet connection to participate from anywhere in the world. The program is designed to be completed within a year, at a pace of two courses per quarter. Including required assignments, team projects, and cohort events, participants should anticipate spending approximately five hours a week in the program.
Overall, the Stanford LEAD Certificate, which costs $16,000, will deliver more than 200 hours of content and faculty engagement. Content will include personal development tools, direct faculty access, workshops, live-streamed Stanford events, interactive exercises, and experiential and project-based activities. Those who successfully complete the program will earn both a paper certificate and a LEAD Certificate badge for public posting to LinkedIn profiles.
Applications are open now through March 25, 2015, and the program will begin on May 5, 2015. Candidates must upload a short, two-minute video about why they wish to take the certificate program and in what area of their organization they want to have impact. Applicants will be asked to show demonstrated resourcefulness and capability to affect change in an organization.
Participants will be chosen based on their motivation for developing new products, services, cultural changes, or strategic pivots in their organizations. Professionals from large and small global companies, public institutions, and nonprofits are encouraged to apply.
October 30, 2014
The Stanford Graduate School of Business has announced the launch of a new dual degree program with the School of Humanities and Sciences. In three academic years, students will earn an MBA and an MA …
The Stanford Graduate School of Business has announced the launch of a new dual degree program with the School of Humanities and Sciences. In three academic years, students will earn an MBA and an MA in International Policy Studies.
Designed for students who want to work in fields that bridge businesses and governments in the United States and abroad, Stanford GSB notes that this cross-disciplinary program will prepare participants for leadership roles in non-profit organizations, social enterprises, international organizations, consulting firms, etc. focusing on issues such as international development, security, healthcare, trade and finance, and the environment.
The interest in second degrees has grown in recent years, as Stanford MBA students look for opportunities for cross-sector leadership. Among MBA students, approximately 1 in 6 currently pursue joint or dual degree studies, the school reports.
“More and more we find that students benefit from a multidisciplinary learning experience,” says Madhav Rajan, senior associate dean for academic affairs at the Graduate School of Business (GSB). “With Stanford’s School of Humanities and Sciences just down the street from the business school, it is possible to bring together the best resources in multiple fields for our students.”
Find out more about Stanford’s new dual MA/MBA program for students interested in international policy and business, which will begin accepting applications this fall.
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June 3, 2014
Stanford Graduate School of Business has followed the lead of the majority of top MBA programs and has reduced the essay count for this year’s application. Stanford is still focused on candid self-evaluation and authenticity, …
Stanford Graduate School of Business has followed the lead of the majority of top MBA programs and has reduced the essay count for this year’s application. Stanford is still focused on candid self-evaluation and authenticity, and has just cut out the optional shorter essays. The Stanford GSB MBA admissions website provides clear guidance and advice for what to do, and what not to do, that all applicants should read and follow.
What keeps you awake at night? When you look back at your life what will you admire and regret about your choices? These are the kind of questions to ask yourself as you approach topics for this set of essays. Your accomplishments and achievements are part of why you have developed into the person you are today, however it’s far more important to explain your influences, lessons learned and motivations. Introspection and honesty should persist through the entire set of essays.
Total word count for all three essays combined should not exceed 1,100 words, so applicants must be judicious in deciding how much or little to write for each prompt. As a general guideline, Stanford GSB suggests 750 words for essay one and 350 words for essay two. Check your deadlines before you get started to make sure you are maximizing the time on your essays.
Stanford GSB Essay 1: What matters most to you, and why?
This classic Stanford GSB MBA essay is your opportunity to demonstrate who you are, what motivates you, and why. Topics can range from personal history to grand visions of the future. While this topic should not be explicitly career related (and the strongest essays are likely not career oriented at all) it may raise themes that you will continue in your career essay.
To generate ideas, try brainstorming over a period of a few days. Ask friends and family what values they see you demonstrating in your life and choices. Keep a notebook by your bed so you can record your first thoughts upon waking up, and mine your personal history for ideas.
Though the essay question may seem open-ended, answering the question with vivid and specific examples will provide solid evidence that you have demonstrated or experienced “what matters most” throughout your life. Keep in mind as you select examples that Stanford GSB specifically advises focusing on people and experiences that have influenced you, rather than accomplishments or achievements.
Essay B: Why Stanford? Enlighten us on how earning your MBA at Stanford will enable you to realize your ambitions.
This year Stanford leads with the most important part: Why Stanford? Be specific in your response. You should know everything about the program and show that it is your dream school. Have you met current students and alumni? Who are the professors you are excited about? What are the unique programs?
This essay question is a somewhat standard career goals theme, but note that Stanford refers to it as a “personal essay.” Stanford GSB wants to know what you specifically need that will be uniquely satisfied by the program at Stanford GSB, and research will help you determine what aspects of the academic program, community and students are crucial to your aspirations.
When you discuss how Stanford will help you achieve your goals consider that Stanford likes to see applicants who dream big, and have the credibility to achieve their goals. So think big about your plans. Don’t focus on what your parents or partner want you to do. Don’t think about the next job on the corporate ladder. What do you, with your own unique background and values, want for your life?
If the question seems too vast, take a few minutes to close your eyes and reflect. Envision your life in twenty years. Where do you live? How do you spend your days? What is your favorite activity? How does this vision fit into your career aspirations? Don’t be shy about your ambitions. Once you have identified your dream career, you also need to make sure an MBA is an important part of achieving your plans.
Stanford wants candidates for whom an MBA will make an impact on their ambitious trajectory, not candidates who are looking for a prestigious piece of paper. Remember that MBA programs want to help promising candidates reach their goals, not admit perfect people with no need for development.