Tag Archives: Wharton School
January 28, 2016
Earlier this week, the Financial Times released its 2016 Global MBA Rankings, and for the first time since the ranking’s launch in 1999, a business school with a strong Asian presence—INSEAD—takes the top spot, rising …
Earlier this week, the Financial Times released its 2016 Global MBA Rankings, and for the first time since the ranking’s launch in 1999, a business school with a strong Asian presence—INSEAD—takes the top spot, rising from fifth place in 2015.
INSEAD, the international business school with campuses in Singapore, Abhu Dahbi, and Fontainebleau, France, also makes history in this particular ranking as it is the first time FT has crowned a one-year MBA program. INSEAD was the first business school in the world to offer a one-year MBA program beginning in 1959.
“As the cost of studying for an MBA has steadily risen, many students are wary of taking on the debt associated with two-year degrees — students are frequently more than $100,000 in debt when they graduate. Though fees and living costs can be substantial, it is often the opportunity cost of lost salary that is the biggest factor,” write FT’s Della Bradshaw and Laurent Ortmans.
This year’s ranking shows a bit more movement than we saw last year, when FT deemed Harvard Business School the top MBA program for the third time in a row. U.S. MBA programs continue to dominate the top ten with seven schools, but this year, Spain’s IESE Business School slipped to 16th place, down from seventh place. Meanwhile, Cambridge Judge Business School comes in at number 10 this year, up from 13th in 2015.
Top Ten FT Global MBA Ranking 2016
- Harvard Business School
- London Business School
- University of Pennsylvania’s Wharton School
- Stanford Graduate School of Business
- Columbia Business School
- UC Berkeley Haas School of Business
- Chicago Booth School of Business
- MIT Sloan School of Management
- Cambridge-Judge Business School
One interesting development to come out of these latest rankings is the increase in the numbers of women pursuing the MBA. “In 2015, 35 per cent of MBA students were women, up from 30 per cent in 2005. Last year, the proportion of female students topped 40 per cent in 27 schools, a leap from just four schools 10 years ago,” Ortmans reports.
The Financial Times ranking methodology involves assessing MBA programs according to the career progression of alumni, the school’s idea generation, and the diversity of students and faculty. FT data from the past three years is used for alumni-informed criteria.
For more information, visit FT‘s 2016 Global MBA ranking analysis and school profiles.
January 22, 2016
We’re wrapping up the third week of the Words of Wisdom (WOW) campaign on our social media streams, and the online response has been nothing short of incredible! Have you checked it out yet? The goal is to motivate potential MBA candidates with inspirational quotes from the top business schools and our educational partners.
More than 12 elite MBA programs, and organizations such as Forté Foundation and the MBA Tour, have chimed in with their thoughts on reapplying, reminders about how to take advantage of every opportunity, reality checks regarding the GMAT, and views on how to create value and sense of purpose in all that you do.
Every Friday during the campaign, we’ll provide a roundup of these motivational messages here on the blog, but you can see them right away on Facebook, Twitter, and Instagram. Use the following hashtags: #WOW #WordsofWisdom #SBCWOW #MBAinspiration and #BeInspired to check it out each day.
We hope these messages inspire you to make 2016 your best year ever!
- “Approximately 15 percent of Tuck applicants are reapplicants. We look favorably upon reapplicants and work closely with them. If Tuck remains your top choice, reach out to us to help you determine if and what reapplicant strategy might work best for you,” says Dawna Clarke, Director of Admissions at the Tuck School of Business at Dartmouth.
- “Training yourself to be sure of the outcome of the GMAT, to imagine conquering business school and even looking ahead to your future career will help you create a game plan for success,” advises Bara Sapir, CEO/Founder of Test Prep New York/Test Prep San Francisco.
- Kellogg School of Management Professor David Chen counsels MBA students to “Figure out how your values can create value.”
- “Students ask me how to find their purpose. My advice is simple: stop looking for a purpose and start noticing when you get excited by what you are doing. When you enjoy your work, your purpose usually finds you,” says Professor Richard Shell at the University of Pennsylvania’s Wharton School.
- “Don’t put too much emphasis on the GMAT. People overemphasize the GMAT because it’s the most “concrete” element of the application. It’s easy to understand that a higher score means a somewhat higher change of being accepted. However, the real difference between a 710 and even a 740, or a 650 and a 690, is probably way smaller than you think. In a way, it’s “easy” to put your head down and focus on improving your GMAT score for two hours. But it’s “hard” to figure out which schools are really a great fit for you, your core reasons for going to business school, and your personal narrative around what you’d bring to a program. Once you get the GMAT score that falls in the range of your target schools, move on and focus on the application,” advises My Guru‘s Mark Skoskiewicz.
- Amanda Soule Shaw, Assistant Dean for Student Services at Cornell’s Johnson School of Management, says, “Commit to doing new things and expanding your network of contacts. It’s great to be completely sure of your post-MBA goal, but don’t let that goal define the choices you make in terms of classes, clubs, teams and friends. Your time in school will provide limitless opportunities to gain exposure to diverse topics and perspectives, so make sure to take full advantage of that once in a lifetime experience.”
- “We all make mistakes. The key is to learn from your mistakes so you don’t repeat them.” GMAT Genius
- “Embrace the transformative opportunity that an MBA program offers. The network is invaluable, but maximizing its value first requires openness to change and effort to develop who you are and what you can do,” says Professor Scott B. Smart at Indiana University Kelley School of Business
- Professor Harry Kraemer at the Kellogg School of Management advises, “Don’t forget to take the time to self-reflect and ask yourself, ‘What are my values? What really matters?'”
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January 21, 2016
Do you wonder just exactly what the top business schools look for when deciding whom to admit to their MBA programs? Well, after more than 15 years of helping our clients receive highly coveted admissions …
Do you wonder just exactly what the top business schools look for when deciding whom to admit to their MBA programs? Well, after more than 15 years of helping our clients receive highly coveted admissions letters to the Wharton School at the University of Pennsylvania, I’ve pulled together some key characteristics that, together, paint a unique picture of what Wharton is looking for in MBA students.
Keep in mind though, knowing what a particular business school is looking for isn’t an opportunity to re-make yourself into what you think their “ideal” student would be. Rather, it’s a chance to find a learning community that values your strengths and where you can make a positive contribution with the unique skills, experiences, and perspectives you bring to the table.
To discover which four characteristics Wharton looks for in MBA candidates, I invite you to follow the link to read my latest article published on Business Insider.
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Image credit: Jack Duval (CC BY 2.0)
January 8, 2016
Earlier this week, we launched a Words of Wisdom (WOW) campaign on our social media streams. Have you seen it yet? The goal is to galvanize potential MBA candidates with inspirational quotes from the top …
Earlier this week, we launched a Words of Wisdom (WOW) campaign on our social media streams. Have you seen it yet? The goal is to galvanize potential MBA candidates with inspirational quotes from the top business schools and our educational partners, and we’ve had a tremendous response!
More than 12 elite MBA programs, and organizations such as Forté Foundation and the MBA Tour, will chime in with their thoughts on topics such as how to conquer the GMAT, solve the thorniest business problems, manage your time, and be true to your values.
Every Friday for the next month, we’ll provide a roundup of these motivational messages here on the blog, but you can see them right away on Facebook, Twitter, and Instagram. Use the following hashtags: #WOW #WordsofWisdom #SBCWOW #MBAinspiration and #BeInspired to check it out each day.
We hope these messages inspire you to make 2016 your best year ever!
“We all live by a set of core principles. Make sure that one of yours is to choose graciousness in all that you do.” Mike Rielly, Assistant Dean, The Berkeley MBA For Executives, UC Berkeley Haas School of Business
“Your best preparation includes learning how to fully engage in your own learning process.” Bara Sapir, CEO/Founder of Test Prep NY/SF
“What is happiness? Three things: good health, meaningful work, and love.” Richard Shell, Professor of Legal Studies and Business Ethics at The Wharton School. Author of numerous books including Springboard: Launching Your Personal Search for Success
“Research tells us that women tend to opt out of opportunities where they do not feel 100% qualified. The truth is that there is no one ideal MBA candidate profile. There’s also no one ideal business school. Opt yourself in to this process. Explore a variety of schools, and find which one is the ideal fit for YOU.” Krystal Brooks, Associate Director, Early Career Women at Forté Foundation
“Be a force for intellectual honesty in public discourse — be true to your values, respect the differing values of others, and be willing to change your views in the face of new analysis and evidence.”Professor David Besanko, Kellogg School of Management
“The GMAT is like a first date: first impressions matter, but you must be on the top of your game throughout the entire time.” The Economist Test Prep
“When solving problems, it’s easy to come at them and say ‘I need to fix this.’ Instead, take the time to question the problem itself.” Christina Hachikian, Executive Director, Social Enterprise Initiative, Adjunct Assistant Professor of Strategy, The University of Chicago Booth School of Business.
“Time management is key. Start the application process early, and make sure to plan ahead for any unforeseen delays.” The MBA Tour
January 6, 2016
Are you targeting the University of Pennsylvania’s Wharton School? Whether you’re looking forward to an interview in Round 2 or 3, or perhaps have your sights set a bit farther out for next application season, …
Are you targeting the University of Pennsylvania’s Wharton School? Whether you’re looking forward to an interview in Round 2 or 3, or perhaps have your sights set a bit farther out for next application season, you’ll want to take a look at these three tips I recently shared with Business Insider on how to ace your Wharton interview.
- Prepare for the Team-Based Discussion: observers want to see candidates contributing without dominating the discussion; the idea is to see how you might engage in a productive conversation with a group of future classmates. To make a positive impression, be sure to share your point of view, but also listen thoughtfully; respect differing points of view; and bring others into the conversation.
- Emphasis your experience as an innovator: To emphasize this aspect of your personality or experience, think of ways you’ve acted as a “change agent” in your workplace or community. Wharton wants students who are dynamic and energized about looking to change industries, economies, and even their countries.
- Show you’re globally savvy: Showing global awareness isn’t necessarily about the number of stamps on your passport. Rather, it’s about showing that you thrive in new and unfamiliar environments, and can successfully navigate the challenges of competing in a global marketplace.
Click over to the full story on Business Insider and you’ll learn how to show the admissions team at Wharton that you’re prepared to work well with a team, emphasize innovation in your approach, and share your global perspective. You may just find yourself on the positive side of Wharton’s competitive interview and application process.
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November 27, 2015
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.
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)