Tag Archives: Wharton School

MBA Students Hit Campus Early to Brush Up Skills, Network

While classes may not officially start for weeks, a new article in the Wall Street Journal reports that more and more MBA students are coming to campus early to participate in the crash quant courses …

summer programs for incoming MBAsWhile classes may not officially start for weeks, a new article in the Wall Street Journal reports that more and more MBA students are coming to campus early to participate in the crash quant courses traditionally offered to bring candidates from non-finance backgrounds up to speed before school starts.

The reason? Many students—even those with a finance background—have realized these early weeks on campus provide a valuable opportunity to network and bond with their future classmates before the rush of  classes and recruiting hit in the fall.

In response, business schools have expanded beyond statistics or math courses for these early birds. At Kenan-Flagler Business School, first-year MBAs can also participate in career workshops, resume reviews, and receive coaching on presentation skills, the WSJ reveals.

Meanwhile, summer program enrollment is up 30% over last year at University of Pennsylvania’s Wharton School, which told the WSJ that about 300 of the incoming class of 850 arrived on campus early for refresher classes and to take exams that might allow them to place out of required courses.

Pre-term coursework functions a bit differently at NYU Stern School of Business, which allows some students to start in July in order to lighten their course load during the school year. Isser Gallogly, assistant dean of MBA admissions at Stern, told the WSJ the school has seen a jump in requests for these spots, which allow students to “get to know each other quite well” and form close bonds.

It’s interesting to note that Harvard Business School is not providing summer courses this year to bring new students up to speed. Instead, WSJ reports that the school has offered members of the HBS Class of 2017 its online learning program known as HBX CORe (Credential of Readiness) at a slightly reduced rate: incoming first-years pay $1,500 for the program rather than the full price of $1,800.

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Summer Programs Bridge Biz Gap

Image credit: Flickr user Richard Foster  (CC BY-SA 2.0)

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Tuesday Tips: Wharton School Fall 2016 MBA Essay Tips

Wharton’s essay questions remain the same this year, with only one required prompt, an essay for reapplicants and an entirely open-ended optional question. Wharton has been experimenting with the admissions process for the last several …

Wharton’s essay questions remain the same this year, with only one required prompt, an essay for reapplicants and an entirely open-ended optional question. Wharton has been experimenting with the admissions process for the last several years and seems to have landed on a productive essay question that asks applicants to reflect upon their fit with Wharton both personally and professionally.

As you consider how to approach this set of essays make sure you are conducting thorough school research. Getting to know the Wharton community through campus visits, online research and the many admissions events around the globe will help you understand the personality of the school and the alumni network to write an effective set of essays.

Required Essay: What do you hope to gain both personally and professionally from the Wharton MBA? (500 words)

This is both a standard career goals question and an inquiry into your personality and potential success in the program.

Be careful to answer the specific question in this career goals essay. Notice that you are not asked about your professional background or your key accomplishments. To answer the question asked, you will want to focus mainly on the future and what you are planning to pursue with your MBA degree. At the same time, there is certainly room to add color by using your background information where it is most relevant to your goals. Think about the key moments of your professional life that crystallized your goals for you, and focus on illuminating those decision points rather than reciting your entire resume.

Understanding exactly how you fit in will help you describe what Wharton will do for you, as well as navigate interviews and other interactions with the Wharton admissions committee. Consider including specific information from your Wharton research in this essay such as Wharton faculty you would like to study with or unique educational opportunities at Wharton.

When you address your personal goals for the MBA make sure you are making the case for Wharton specifically. Consider what living in Philadelphia might be like, the many clubs and student activities, and leadership development opportunities like traveling to Antarctica with your classmates that may address some of your personal life goals.

Optional Essay: Please use the space below to highlight any additional information that you would like the Admissions Committee to know about your candidacy. (400 words)

If you think that your application materials and the required essay are enough to provide a complete picture of your candidacy you may want to forgo this essay. There is no need to submit additional material just to submit something – consider whether the admissions committee will appreciate the information or think you are wasting their time.

If you do choose to answer this question note that the essay can be used for any topic that you would like. If there is something about your personal background you did not cover in the required essay and it is relevant and useful for your application, this is the place to cover it. Perhaps you didn’t have room in the required essay to describe an important accomplishment or to tell a story about your life that is relevant to your pursuit of an MBA. Anything that you think will be an asset to your application is fair game as a topic for this essay.

Reapplicant Question: All reapplicants to Wharton are required to complete this essay. Explain how you have reflected on the previous decision about your application, and discuss any updates to your candidacy (e.g., changes in your professional life, additional coursework, extracurricular/volunteer engagements). (250 words)

All applicants, including reapplicants, can also use this section to address any extenuating circumstances. (250 words)

All reapplicants are required to provide information that supports your renewed candidacy. The most successful version of the reapplicant essay will provide tangible evidence that you have improved the overall package you are submitting this year. Improvements like GMAT score or new quantitative classes as especially tangible, but a promotion, increase in responsibility at work, a job change or even a change of goals and mission can apply.

A rejection or waitlist last year is a form of feedback, and may have led to soul searching for you. When you describe your changes make sure reflect your ability to take feedback and improve. Describe how you approached the reapplication process after assessing your own strengths and weaknesses as a candidate and making the appropriate efforts to improve.

If you are not a reapplicant this essay is a potential space to address any areas of concern in your application. If you have a low GPA or GMAT, gaps in your resume, disciplinary action in undergrad or anything else that you want to explain, this is where you would provide a brief explanation and any supporting evidence to show you have moved past the setback.

Contact Stacy Blackman Consulting for customized advice to give you that competitive edge in your Wharton application

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Wharton Fall 2016 MBA Essays Announced

The University of Pennsylvania’s Wharton School has confirmed the essay questions that will form a part of the Fall 2016 MBA application. The prompts remain unchanged from the 2014-2015 admissions season. Required Essay What do …

Wharton essay questionsThe University of Pennsylvania’s Wharton School has confirmed the essay questions that will form a part of the Fall 2016 MBA application. The prompts remain unchanged from the 2014-2015 admissions season.

Required Essay

What do you hope to gain both personally and professionally from the Wharton MBA? (500 words)

Optional Essay

Please use the space below to highlight any additional information that you would like the Admissions Committee to know about your candidacy. (400 words)

Reapplicant Question

All reapplicants to Wharton are required to complete this essay. Explain how you have reflected on the previous decision about your application, and discuss any updates to your candidacy (e.g., changes in your professional life, additional coursework, extracurricular/volunteer engagements). (250 words)

All applicants, including reapplicants, can also use this section to address any extenuating circumstances. (250 words)

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

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Wharton Fall 2016 MBA Application Deadlines

Survey Says Wharton Beats HBS in Satisfied MBAs

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Wharton School 2015-2016 MBA Application Deadlines

The University of Pennsylvania’s Wharton School has announced the MBA application deadlines for the 2015-2016 admissions season. Round 1 Deadline Application due: September 29, 2015 Invitation to Interview Release: November 3, 2015 Decision: December 17, …

wharton MBA deadlines

The University of Pennsylvania’s Wharton School has announced the MBA application deadlines for the 2015-2016 admissions season.

Round 1 Deadline

Application due: September 29, 2015

Invitation to Interview Release: November 3, 2015

Decision: December 17, 2015

Round 2 Deadline

Application due: January 5, 2016

Invitation to Interview Release: February 9, 2016

Decision: March 29, 2016

Round 3 Deadline

Application due: March 30, 2016

Invitation to Interview Release: April 13, 2016

Decision: May 3, 2016

***

To be considered for a round, complete applications must be submitted by 5:00 p.m. Eastern Time (ET) on the day of the deadline. MBA/MA–Lauder and JD/MBA program applicants may only apply to one of the first two rounds.

For more information, please visit the Wharton School’s admissions website.

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B-Schools Showcase Green Business Practices

Today’s global economy has two faces: one of exponential growth in developing countries, and the flip side—a voracious ravaging of resources by developed nations. While some business leaders continue to march in step to the …

Today’s global economy has two faces: one of exponential growth in developing countries, and the flip side—a voracious ravaging of resources by developed nations. While some business leaders continue to march in step to the “more is better” mantra, others are realizing that business as usual is not sustainable for our planet.

Earth Day may be commemorated officially on only one day of the year, but business schools around the country are using the occasion to show their dedication to tackling issues of climate change and sustainability that are at the core of doing green business.

sustainability and business

Here’s what’s going on this week at some of the top MBA programs:

Business Takes the Lead: How Innovation Will Drive Our Mitigation and Adaptation to Climate Change 2015 Conference, Wednesday, April 22, 2015, at the University of Pennsylvania Wharton School

Fight Less, Collaborate More: How to Solve the World’s Greatest Environmental Challenges, Thursday April 23, 2015, at the Stanford Graduate School of Business

UCLA Anderson School of Management is on day two of its annual Social Innovation Week, which runs April 20-23, 2015. Panelists and speakers will discuss social entrepreneurship, social impact in media and entertainment, corporate social impact and one-for-one models.

UC Berkeley Haas School of Business announced yesterday that the team from the full-time MBA program took first place in the Morgan Stanley Sustainable Investing Challenge, at Morgan Stanley’s London Headquarters on April 17. The winning team’s investment thesis was about drought mitigation innovation.

University of Michigan Ross School of Business announced today that influential Indian business leader, GV Sanjay Reddy, Vice Chairman GVK, will be the keynote speaker for Commencement on May 1st, 2015. At the event, he will share his views on the power of positive business, and how it creates a social impact on society.

And finally, Columbia Business School deserves a ‘shout out’ for its great article on the business case for going green.

This is just a sampling of the activities currently taking place on business school campuses, where sustainability and good stewardship are more than just buzz words—they are the very key to long-term economic growth and a better planet for future generations.

Earth image courtesy of Flickr user woodleywonderworks, CC 2.0

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Survey Says Wharton Beats HBS For Most Satisfied MBAs

Spurred to action by Harvard Business School‘s MBA satisfaction survey published in February, the University of Pennsylvania’s Wharton School came out with its own poll earlier this week and claims to beat out HBS by …

Spurred to action by Harvard Business School‘s MBA satisfaction survey published in February, the University of Pennsylvania’s Wharton School came out with its own poll earlier this week and claims to beat out HBS by nearly 25%. The question asked of respondents in the original survey was: how likely they would be to recommend an HBS MBA to an interested and qualified friend or colleague. The results garnered HBS a Net Promoter Score (NPS) of 41, on a par with Walgreens or Tracfone. The NPS at Wharton, meanwhile, is 51, right up there with Discover Card.

This scoring system, created by management consultants to measure customer loyalty, subtracts the share of students who were less enthusiastic about the program from those who would strongly recommend it to a friend. People who rate the MBA program 0-6 on a 10-point scale are the “detractors,” while those who give it a 9 or a 10 are considered promoters. Those in the middle are considered passives and therefore aren’t included in the score.

MBA satisfaction

image credit: The Wharton Journal

At the time of the Harbus’s anonymous survey publication, 105 students had responded. Over 249 Wharton students filled out an anonymous survey link sent via email blast and Facebook two weeks ago.

According to an article in The Wharton Journal, Wharton’s NPS of 51 was comprised of 61.85% promoters and 10.84% detractors. In the Harbus survey, the MBA program’s NPS of 41 was comprised of 62% promoters and 22% detractors. In other words, the same percentage would recommend the program, but a greater number at HBS had serious gripes about it.

The Wharton article praises the increased satisfaction score with second-years, going from 49 to 53. There’s a conundrum though, in the fact that ‘the people at Wharton’ is simultaneously the top answer for what people like about Wharton, and for what people don’t like about Wharton.

Over at the Harbus, their survey results also indicate people seem to either love or dislike the same things: classmates, classroom learning, career opportunities, and program structure. The Harbus closes its article on a hopeful note, calling the survey “the beginning of an ongoing discussion about the strengths and weaknesses of the MBA program.”

Meanwhile, The Wharton Journal says in their survey wrap-up that the administration is interested in reading the feedback, noting that Deputy Vice Dean Maryellen Lamb responded, “Given the data-driven culture of Wharton, I’m delighted to see our students express their school spirit and pride through a system like NPS.”

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