Summer business programs targeting college students and recent grads from non-business backgrounds, such as Dartmouth College’s Tuck Business Bridge Program and Chicago Booth School of Business‘ Summer Business Scholars program, are a win-win for both schools and students, according to a recent Financial Times article.
Whereas students benefit from having a top B-school on their resume, schools say luring in students early on is a great marketing tool to attract students who otherwise might not have considered an MBA. “Having a presence in that younger market is important, it’s a more diverse audience,” Tuck’s senior associate dean Robert Hansen tells FT.
Tuck does accept economics majors from liberal arts and sciences institutions, but Bridge students primarily are liberal arts and sciences majors at small colleges and large universities who want to gain the competitive edge in their career development by acquiring essential business fundamentals.
“Business schools say the success of such programs is due to the fact that they are an eye-opening experience; students learn the same relevant skills that feature in MBA programs, but are rarely taught to the average history major.”
The price tag for such programs vary from $6,000-$10,000, but most participants say their investment goes far beyond the classroom. School administrators acknowledge that seeing an MBA application from a previous summer program participant is bound to stand out, and employers believe they are getting a bargain when it comes to hiring someone who has made the extra investment, FT reveals.
Stanford Graduate School of Business, Vanderbilt Owen Graduate School of Management and Berkeley Haas School of Business also offer summer business programs, and in Europe, IE Business School will offer the Bridge program on its Madrid campus through a partnership with Tuck next year.
For more on summer programs that help students bridge the business gap, read the Financial Times article here.
* * * * *
If you are feeling stumped by your application essays and need some additional guidance, check out our NEW series of essay guides for MBA applications. Columbia, Harvard, Kellogg, Stanford and Wharton available now. They are seriously terrific and we are proud to say that almost every person who has ordered one has come back for more!