Thursday, May 31, 2018

UCLA Anderson 2018-2019 MBA Deadlines - Poets&Quants

UCLA Anderson’s MSBA program launched in fall in 2017

UCLA’s Anderson School of Management has set its new MBA application deadlines for the 2018-2019 admissions cycle.

Round one candidates must turn in their applications by Oct. 2, 2018, to gain an admit or deny decision by Dec. 18th. That’s four full days ahead of last year’s R1 cutoff, yet the decision date is three days later. The round two deadline is Jan. 8th, 2019, for a decision on March 26th, while the round three and final deadline to get into Anderson’s Class of 2021 is April 16th. R3 decisions will be released May 21.

Interviews are conducted on an invitation basis only after submitted applications are reviewed. An interview must be completed to be admitted to the program. At UCLA, applications are reread following the interview, comments are added, and then the Admissions Committee decides whether to make an admission offer.

Interviews at Anderson are held on campus, or off campus via Skype, and they last approximately 30 minutes. Admission interviews are conducted by second-year MBA students. At UCLA, interviews are blind in order to avoid interviewer bias. Your interviewer will receive a copy of your resume in advance but will not see your application.

The school describes its interview questions as “straightforward,” generally covering topics already addressed in the application, such as your reasons for getting an MBA, your short-term and long-term career goals, and your fit with UCLA Anderson and personal interests.

Although the majority of Anderson MBA students ave full-time work experience, early career and college senior prospective students may still apply. New applicants are required to submit two recommendations. Reapplicants only need to submit one new recommendation. Recommendations should be written by individuals who are well acquainted with your performance in a work setting, preferably from a direct supervisor or manager.

UCLA’s 2018-2019 MBA Application Deadlines

UCLA Rounds Application Deadline Interview Invites Decisions
Round One October 2, 2018 NA December 18, 2018
Round Two January 8, 2019 NA March 26, 2019
Round Three April 16, 2019 NA May 21, 2019

Though UCLA has yet to announce its essay prompt for the 2018-2019 cycle, last year the school asked applicants to describe their short- and long-term career goals as well as how the UCLA Anderson experience can add value to one’s professional development, placing a 500-word limit on answers.

Anderson also required a 250-word short answer question, asking applicants to describe how they would contribute to the UCLA Anderson community.

For applicants who applied for the MBA program in the previous two years, there’s a different question to describe your career progress since you last applied and how you have enhanced your candidacy. You’re also asked to Include updates on short-term and long-term career goals, as well as your continued interest in UCLA Anderson. (750 words maximum).

UCLA RECEIVED 3,314 APPLICATIONS FOR 360 CLASSROOM SEATS

In recent years, UCLA Anderson has been a model of consistency, taking in roughly 360 MBA students who averaged a GMAT hovering near 715. And last year’s 2016-2017 cycle was no different. Last year, the school received 3,314 applications, up 24 from the previous class. By the same token, Anderson enrolled 360 students in the 2019 Class while managing a 22% acceptance rate, making it harder to snag a spot here than leading public programs like Michigan Ross and Virginia Darden.

Overall, the latest incoming class arrived with a 715 average GMAT. This also represents a 11-point uptick over the past five years. The international student average was 720 vs. the domestic mean of 714. The average GPA was 3.52. The average age at Anderson is 28, with 63 months of work experience.

ADVICE FROM LATEST UCLA MBA GRADUATES & CURRENT STUDENTS:

“Be passionate and be giving. Without exception, every student I have met at UCLA has brought something incredible to the table; not just through the amazing and unique experiences that they add to our cohort, but through having so much passion and enthusiasm in their goals and interests that they want to share that knowledge with their peers. I’ve learned so much in the classroom, but it can’t compare to the incredible amount of knowledge I’ve gained outside the classroom through my Anderson peers.” — Melody N. Akbari, 2018 MBA graduate of UCLA now working for Google as a sales strategy & operations manager

“Be who you are and tell your story.I chose UCLA Anderson because of the supportive and collaborative culture of “sharing success” and because it has a top entertainment program (plus, I would never have to dig my car out of a snow bank again!).” — Abby Williamson, 2018 MBA graduate of UCLA now working for Mattel as an associate marketing manager

“Before writing your essays, talk to current students, dive deep into the school’s values, and (if possible) try to visit the school before writing your application. The moment you realize Anderson is the right fit for you, your essay will flow more easily, and your passion will help you stand out. When you gather your recommendations, choose  people who know you well and can be enthusiastic in advocating for you.  Also, ask for recommendations early in the process; you want to give your recommenders  plenty of time to thoughtfully prepare their letters. Finally, give your recommender a document reminding him of  your story, the particulars of the program  you are applying to  and facts or events in the letter.” — Luiza  Niemeyer, Class of 2019 MBA student at UCLA

DON’T MISS: 2018-2019 MBA APPLICATION DEADLINES FOR LEADING BUSINESS SCHOOLS or FREE MBA INSIDER GUIDE TO THE UCLA ANDERSON  SCHOOL OF MANAGEMENT

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Harvard Business School 2018-2019 MBA Deadlines - Poets&Quants

HBS graduates at the 2018 commencement

This year’s big news for Harvard Business School candidates is the elimination of round three as an application option. With more and more MBA candidates filing their applications in the first and second rounds, HBS did away with its third and final round. The school will retain a spring round, however, for applicants to its 2+2 deferred admissions program.

That leaves mainstream applicants two choices: A round one deadline of Sept. 5th for entry into the Class of 2021 and a Jan. 3rd, 2019 deadline for round two applicants. For R1 candidates at HBS, that deadline is a day earlier than last year’s Sept. 6th date.

Applicants to HBS’ first round will be notified of the admission board’s decision on Dec. 11th, while round two candidates will get their decisions by March 26th. The school hasn’t yet set a date for interview invitations, though last year round one invites went out in two batches on Oct. 2nd and Oct. 5th. Round two invites also were sent in two batches on on Jan. 25th and Jan. 30th. During each second batch of invites, HBS also dings the majority of its applicants.

At HBS, each round represents a distinct period in which candidates may apply, not a succession of steps for your application. Applicants may apply in one round only, one time in an application year.

Harvard’s 2018-2019 MBA Application Deadlines

HBS Rounds Application Deadline Interview Invites Decisions
Round One September 5, 2018 NA December 11, 2018
Round Two January 3, 2019 NA March 26, 2019

Class of 2021 applications received after Sept. 5, 2018 will be tossed into round 2. Applications received after January 4, 2019 will not be considered. Candidates for the school’s deferred admissions program, 2+2, must apply by April 9, 2019, or they will not be reviewed for admission.

HBS also noted that it would retain its one essay question with no word limit on the answer: “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?” This will be the fifth year that HBS has used that question, hatched by Losee predecessor Dee Leopold.

For Chad Losee, who became managing director of MBA admissions and financial aid two years ago, the elimination of round three represents the most consequential change he has yet made in the school’s admission policies. He said it was made after “careful consideration. Getting a decision earlier will give admitted students better access to on-campus housing, more cohort options for HBX CORe, and more time for visa processing,” wrote Losee in a blog post about the change. “For students admitted in Round 3 in the past, the timing has always been tight. We know it takes a lot to finish up a job and move to a new city and we hope the additional time will be helpful to admits on a number of fronts. And given that we’ve seen more applicants in Rounds 1 an 2 and fewer in Round 3 in recent years, this change feels consistent with the choices you are making about when to apply.”

HBS RECEIVED 10,151 APPLICATIONS FOR 928 CLASSROOM SEATS

During the 2017-2018 admissions cycle, Harvard received 10,351 applications for its 928 classroom seats, up 6% over the previous year. In fact, this represents a 15.5% improvement over the past five years, another indication of the school’s ever-growing cachet. The school admitted 1,021 candidates last year for an overall acceptance rate of about 10%. That also gives HBS the highest yield for a business school in the world, with 91% of admitted candidates ultimately enrolling in the MBA program.

Academically, last year’s class arrived with a blistering 730 median GMAT – for the eighth consecutive year. The range of GMAT scores varied from a low of 580 to a high of 790. The median verbal score on the GMAT for this fall’s incoming class was 42, while the quant was 49. The verbal range, however, was as low as 30 and as high as 51; the quant range hit a low of 35 and matched the verbal high of 51.

Some 12% of this year’s new crop of students got into HBS with a GRE score. The median GRE on both verbal and quant was 164, with a verbal range of 147 to 170 and a quant range of 151 to 170. Average GPAs rose slightly, last year from 3.67 to 3.71. The average age of an entering MBA student at HBS is 27, with 54 months of work experience. In terms of majors, the class is relatively similar to its second year peers, though slightly more business-oriented. The percentage of business and economics majors climbed from 41% to 45% with the 2019 Class. At the same time, STEM and humanities and social sciences majors each slipped by 2%, coming in at 36% and 19% respectively. Among the 302 higher education institution represented in the class, just 146 are found on American soil.

ADVICE FROM CURRENT MBA STUDENTS AT HARVARD:

“Harvard Business School makes it very clear that the GMAT is just one of many things they look at in evaluating an applicant. But it’s still something that most people worry about, so in my view it makes good sense to study hard for the GMAT. Use some reasonably priced GMAT prep software to assist with giving yourself the best chance of maximizing your score. A strong GMAT score is one indicator of your analytical ability and enables you to more fully focus on your other key attributes in your essay. Attributes such as leadership, teamwork, ethics, cultural diversity and strategic perspective will help set you apart from other analytically strong candidates. Equally as important as the application process, I believe, is your personal preparation to attend business school. As a married international student with two children, I can attest to the massive effort required from those in your network to get you to your business school of choice. Everyone will have different circumstances but you will be amazed at the support you will require. From recommendations and interview preparation to dealing with financial matters, the move to a new city, and those in your professional network who will help you long after you graduate, you are relying on a lot of support to be successful. For me, my family have been the stars of this process and the enthusiasm they have shown throughout our transition to Harvard is testament to the fact that everyone needs a good team to succeed.”Jonathon McCarthy, Class of 2019 MBA student at Harvard

“I cannot stress the importance of positive self-talk. During a rough patch while studying for the GMAT, it dawned on me that some of the things I said to myself, I’d never say to a friend. I was beating myself up pretty bad: I constantly questioned my intelligence and adopted self-doubt as my default. To begin challenging those negative thoughts, you must first become more aware of them. Make a conscious effort to slow down and pay attention to your thoughts. Stop and notice when you are feeling negative emotions (like frustration, doubt and worthlessness). Keep a log if it will help. Once you are aware of your critical voice, you will be in a better position to stand up to it. Begin replacing those negative thoughts with positive affirmations. Talk to yourself the way you would talk to a friend that you believe in!”Kenya Hunt, Class of 2019 Harvard MBA student

“Invest time in crafting your narrative and telling your story in a way that uniquely differentiates you (essays, resume, interviews, recommendations, etc.). Authentically share your life’s story and push yourself to go deep and take risks, as you show the multifaceted person that you are! Who are you, really? What drives you? When were there turning points in your life? Why are you so passionate? Where are you heading? At times, the application process may not feel the most humanizing, but it’s your job to communicate how your well-rounded perspective is the right fit for the program.Everyone has the insecurities of not getting in, but your admission essays should encompass who you are and not what you think b-schools want to hear. Let your closest friends and mentors read and give feedback on your application – ensuring it fully captures the real YOU behind the application. FYI: I was initially unsure about applying to HBS, but a close work mentor and proud HBS alum insisted I apply. My big lesson here: never self-select out and limit yourself from opportunities, have the courage to take the first step.”Darrin Rahn, Class of 2019 MBA student at Harvard

“For me, the most important and time-consuming aspect of the MBA application process was understanding and articulating my personal “story” – who I am, what my life ambitions are, and how going to business school right now will help me achieve them. Your story is the central theme that ties your entire application together. Ideally, you want the various parts of your application (your essays, resume, interview answers, etc.) to come together to tell a coherent story of who you are. There’s one more benefit to investing the time up front to craft your story: It will probably teach you something about yourself. When I started my application, I didn’t have good answers to questions like “What are my long-term career ambitions?” and “What am I hoping to get out of business school?” The act of answering these questions not only strengthened my application, but also helped me to confirm that business school is the right next step for me (something you should probably know before committing the time and money to earn an MBA). I’ll use my answers as guiding principles to determine how I spend my time over the next two years.”Mike Young, Class of 2019 MBA student at Harvard

DON’T MISS: 2018-2019 MBA APPLICATION DEADLINES FOR LEADING BUSINESS SCHOOLS or FREE MBA INSIDER GUIDE TO HARVARD BUSINESS SCHOOL

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Columbia Business School 2018-2019 MBA Deadlines - Poets&Quants

One of many photos posted to Instagram by celebrating Columbia Business School MBA students

The early decision deadline for MBA applications to Columbia Business School is Oct. 3 this year, with a final decision deadline of April 10th for candidates who want to start the program in August of 2019. That’s a day ahead of last year’s cutoff for early applications as well as the school’s final deadline.

Among peer schools CBS is unusual in three respects. For one thing, Columbia MBA students may enroll in either August or January. The two paths, each comprised of four terms, merge in the fall of the second year to complete electives as a single class. The school says that both paths are identical in terms of competitiveness of admissions, and academic rigor, but they differ in terms of timing and the opportunity to complete a summer internship.

Secondly, Columbia is among very few schools with an early decision deadline for students who want to enroll in the school’s August-start. If you apply to CBS early decision, your application will obviously received more favorable treatment. But you also have to sign a commitment to attend CBS and withdraw all other applications and decline other offers, if admitted. You also have to fork over a rather hefty $6,000 tuition deposit within two weeks of admission that is nonrefundable. About 30% of Columbia’s full-time MBA students enter in January for its accelerated program.

Finally, CBS is different because admissions here is not as entirely structured in separate rounds, with specific dates for interview invites and decisions. The school reviews candidates on a rolling basis, and early decision applicants are given decisions before regular decision applications. Because CBS uses this process, it is always an advantage to apply well before the deadline, just as the odds fall in your favor by applying in round one or two at rival schools.

Though CBS applicants can turn in their regular decision applications as soon as the application goes live during the summer, they will not be reviewed until CBS completes its early decision round. The final deadline for submitting an application for the August start is April 10th. If you apply for the January start, your application deadline is the same as the Oct. 3rd early decision cutoff.

Merit fellowship deadlines for candidates for the two-year MBA program are Jan. 4, with all deadlines at 11:59 p.m. EST.

Columbia’s 2018-2019 MBA Application Deadlines

CBS Deadlines Application Deadline Interview Invites Decisions
Early Decision & January Term October 3, 2018 Rolling Rolling
Merit Scholarship January 4, 2019 NA Rolling
Final Decision April 10, 2019 Rolling Rolling

COLUMBIA RECEIVED 6,188 APPLICATIONS FOR ITS 753 CLASSROOM SEATS

During last year’s admissions cycle, 6,188 candidates vieed for the 753 seats in both the January and August cohorts. The school admitted 1,019 students for an overall acceptance rate of 16.5%. CBS maintained a high yield rate, the percentage of admitted students who enroll, partly because of its early decision option and the MBA program’s prestige and NYC location.

Last year’s class entered with a 3.5 undergraduate grade point average and a 724 average GMAT, up seven points from the previous year, with a range from a low of 530 to a high of 790. Aside from being two points higher than the average for the incoming class at MIT Sloan, the Class of 2019’s GMAT also represents a 10-point improvement over the past five years.

That wasn’t the only area where the incoming class raised the bar for those following in their footsteps. The percentage of women also jumped from 38% to 41%, an all-time high that outpaces rivals like Chicago Booth and NYU Stern. U.S. minorities now account for over a third of the class, up three points over the 2016-2017 cycle. However, these gains were offset by the international student population, which dropped from 48% to 43% in a year, a number than can be explained by a 3% drop in the overall percentage of international applicants. The average work experience for an enrolled student last year was five years, though the middle-80% range was three to eight years. Some 99% of the class had a year or more of work experience, leaving just a tiny door open for direct admits from college.

ADVICE FROM THE LATEST COLUMBIA MBA GRADUATES & CURRENT STUDENTS:

“Most prospective students cast a fairly wide net of applications. Take the time to really get to know CBS and find out if the location and culture fits what you’re looking for. Come visit campus, ride the subway with current students, meet with Columbia’s Executives in Residence, and determine whether Columbia’s Manhattan location provides the business school experience that you are looking for. When it comes time for your essays and admissions interview, you will be able to speak to all the specific aspects of CBS that make it the best fit for you and your career goals.”Ryan Ripp, 2018 MBA graduate from Columbia now working for McKinsey & Co. as an associate in its New Jersey office

“Try not to get caught up thinking that the path to business school is a narrow one. Many of my friends followed a more traditional journey (Banking/Consulting/PE -> MBA), and like them, I thought I would return to business school after three-and-a-half years of consulting in Washington, DC.  Little did I know at the time that I would travel to Nepal, and ultimately found The Oda Foundation. Had I followed the crowd, my life would be drastically different (and likely far less satisfying). While my advice transcends business school, I would say that you’re far more likely to find fulfillment (and to become a more compelling business school candidate) if you challenge yourself to move out of your comfort zone and walk the road less travelled.” — John Christopher, Class of 2019 MBA student at Columbia

“My advice is to get connected with current students and recent alumni like yourself. This allows you to get insight into the school’s culture to determine if it resonates with you. I had the fortune of meeting an overwhelming number of students during my application process who were eager to help me due to a ‘pay-it-forward’ mentality. Most of these students had been in the same situation, had been helped, and felt it their duty to return the favor. I will undoubtedly be ‘paying-it-forward’ myself.” — Joseph Maier, Class of 2019 MBA student at Columbia

DON’T MISS: 2018-2019 MBA APPLICATION DEADLINES FOR LEADING BUSINESS SCHOOLS or FREE MBA INSIDER GUIDE TO COLUMBIA BUSINESS SCHOOL

 

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Wednesday, May 30, 2018

Research MBA Programs :: RE: Admissions- suggestions- gmat - Research MBA Programs

Author: Margaret Strother
Posted: Wed May 30, 2018 9:48 am (GMT -8)

Not sure what your geographic target or goals might be, but given your background, top US schools would actually want to see a higher GMAT. It's no sin to take it more than once; on the contrary, making maximum effort is always a positive quality. So unless your targets are schools where 700 is the average incoming GMAT, you might want to take it again.

Good luck!
Margaret Strother
_________________
Margaret Strother
Senior Consultant
Stacy Blackman Consulting

Learn more about me



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Why Harvard Closed Its Startup Studio - Poets&Quants

Harvard Business School’s startup studio in New York City. Courtesy photo

Constantly evolving and learning is a big part of successful entrepreneurship. Another is knowing when to scale back or pivot. That’s exactly what Harvard Business School is doing with its New York City-based Startup Studio, which launched in January 2016. The school announced last week they’d be closing the space at the end of September. “We always said that this would be a pilot,” Jodi Gernon, the director of the Arthur Rock Center for Entrepreneurship at Harvard Business School, tells Poets&Quants on a phone call.

According to Gernon and Tom Eisenmann, faculty co-chair at the Rock Center, the decision to shut down the center was based on their own experiential findings and a recent survey of program attendees and resident entrepreneurs using the subsidized WeWork space.

“The survey confirmed that NYC’s community of HBS founders is indeed strong, but revealed limited need or desire for programming,” Eisenmann and Gernon wrote in an email to the school community. “One-on-one mentorship meetings and industry networking events organized by the Studio were popular, but case discussions and skill-building workshops were poorly attended — due in part to a proliferation of excellent programming available elsewhere in New York City, especially for early-stage entrepreneurs. We also learned that subsidized space, which can be accessed through a variety of local organizations, was more highly valued than the unique opportunity to work among other HBS founders.”

Harvard was able to front about half the cost of the WeWork space from donors, but without that donor support, resident founders indicated, they would settle for cheaper space.

‘A SPACE IN A VERY EXPENSIVE CITY DIDN’T HAVE TO BE A PART OF WHAT WE OFFERED OUR ALUMNI’

The studio was launched as a three-pronged experiment, Gernon said on the phone call. First, Gernon and her team wanted to learn if there was a strong value in bringing together HBS founders. Next, they wanted to know if the programming they offered added value to the New York startup ecosystem. And lastly, was there a need for a convening physical space in New York.

“A space in a very expensive city didn’t have to be a part of what we offered our alumni,” Gernon concludes.

Gernon says the programming was based on the already established Rock 100 and RISE (Rock Initiative for Scaling Entrepreneurs) programs. Specifically, the space focused on peer-to-peer learning through case studies, workshops, and other social events as well as establishing mentoring networks and acceleration workshops and events. “We took that concept of the Rock 100 and applied it,” Gernon says. While the founders really liked the one-to-one mentoring, the case studies, social events, and industry topic events were not as well-received, Gernon says. “We found the space we had wasn’t conducive to hosting a nice social,” she adds.

The main reason, Gernon says, is the stage of the founders using the space. To even apply for residency in the studio, startups must have already earned at least $500,000 in funding and have less than seven employees. Late stage founders usually have tactical and specific questions that just weren’t being addressed in large group workshops and settings, Gernon explains. “We found we could offer those things in a much more thoughtful manner and without the need for the studio,” she adds.

GROWING DIFFERENT PROGRAMS

Moving forward, Gernon says the school will continue the Rock 100 and RISE programs on Harvard’s campus in Boston. The school is also continuing to develop courses using HBX Live, which is Harvard’s online distance learning platform. The Scaling New Ventures course, in particular, has been well-attended through HBX Live. “This year was a year of positing a variety of programming,” Gernon says. “We are always looking for more opportunities for our alumni founders.”

Gernon says the school has also seen a major uptick in participation among the alumni track at the school’s New Venture Competition, hosted at the university each April. The school now has 14 regions around the world that have competitions and send one or two startups to the finals in Boston.

Regardless, Gernon says, the school has carved out ways to support their alums.

“There is a lot of information, a lot of programs, a lot of resources out there for anyone, whether they are from HBS or not, starting a company,” she says. “Many free resources and some of them paid. But to even just learn how to get started and test their ideas, what we found is HBS can make an impact around scaling ventures.”

DON’T MISS: HBS OPENS A ‘STARTUP STUDIO’ IN NEW YORK or MEET HARVARD BUSINESS SCHOOL’S MBA CLASS OF 2019

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MBA Application Planning: The Program Research Phase - Poets&Quants

MBA application planning - tips to help you research business schools

When it comes to applying to business school, there is a sea of information out there –  rankings, books, MBA program websites, MBA fairs, Poets & Quants, newspaper and magazine articles on MBA programs, student and adcom blogs, school open houses, etc. Do you feel like you’re swimming in circles?

What follows are six key steps for doing MBA program research in a way that a.  yields meaningful info for decision-making and list-making, and simultaneously b. is efficient and focused – conserving and respecting your precious time.

  • Look at Rankings

With your competitive profile in mind, look at several broad MBA rankings. Determine programs where you’re competitive generally (taking into account reasonable reaches, on-pars, and maybe safeties). Note the plural – rankings – as each has its idiosyncrasies (US News, Bloomberg Businessweek, Poets & Quants, etc.).  Sometimes a program may fall above or below your target competitive range, but it still might make sense to apply (in the next steps you’ll gain the additional info needed to make this decision).

  • Talk to People

Start talking to people with MBA experience – colleagues, friends, mentors, etc. – to add a qualitative dimension to the first step. Ask about their impressions and experiences, and assess how their views align (or don’t) with what you gleaned from the rankings vis-à-vis competitive fit. Also, if they attended schools you are considering, see if you connect on a more personal level – do they feel like “your” people?

  • Search Industry/Function-Specific Rankings

Be sure to take industry- and/or function-specific rankings in your area(s) of interest into account. Identify programs from these rankings that overlap with those from Step 1 (and factoring in any learning from Step 2).

There may be programs in your competitive range that do meet your academic needs but don’t show up on specialization rankings (e.g., Kellogg isn’t known as a finance school but offers much in this area and might be great for someone in PE who will be doing a lot of managing; Columbia Business School doesn’t often appear on entrepreneurship rankings but is quite strong in it), so indulge in some unstructured exploring, to “see what you can see.”

  • Start Digging Deeper

Go to the source – the websites of programs that interest you. Look for specifics that you care about (structure of curriculum, flexibility, concentrations, students from a given industry or geographic region, global reach, etc.). Listen to your gut as well as objective response; does it seem like a good fit?

  • Go to MBA Fairs and Visit Schools

What better way to assess your fit with a school than to see the students, professors, and administrators in action? You will get the most out of MBA fairs, school information sessions, and school visits at this point in your research, after you already have a good idea of what each program offers, and how you’d fit in competitively.

  • Putting the Puzzle Pieces Together

At this point you should be ready to start narrowing and refining a list. You can spend time with informed focus on adcom and student blog posts, searching the web for articles and information, attending school information sessions, and continuing to talk to people with MBA program experience and insight. Eventually you should have a finalized or near-finalized list of 4-6 programs to apply to. You can continue refining the list and deciding on other programs to add later.

NOTE: Throughout the process, always stay open to discovery – maybe you’ll come across a school in a blog post, or a respected colleague suggests a program you hadn’t considered. Maybe you thought you wanted to stay in the U.S. but got seduced by INSEAD… Who doesn’t love a pleasant surprise?

Let the expert consultants at Accepted guide you through the MBA admissions process. We’d be delighted to work with you to develop your own unique story, and help you gain admission to your chosen schools!


Cindy Tokumitsu, who has advised hundreds of successful applicants, helping them gain acceptance to top MBA and EMBA programs in her 15+ years with Accepted. She would love to help you too.

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Tuesday, May 29, 2018

Alum writes book on the under-used art of listening - Olin BlogOlin Blog

Cash Nickerson, JD '85, MBA '93, writes in "The Samurai Listener" about using the skills and practices of a martial arts expert in the practice of listening. That means more than just hearing what others are saying, but watching the big picture around you.

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Why You Should Visit Business Schools BEFORE You Apply - Poets&Quants

Next year’s MBA applications are rolling out, and the deadlines are earlier than ever. There are a lot of things that you should do right now – and here is why you should plan to visit business schools before you apply.

  • Business Schools are Different.

On paper, it’s easy for MBA programs to blend. Most offer similar core courses, experiential learning, clubs, recruiting, etc. Plus, there is a ton of information to absorb when you first start looking at schools – making it even harder to figure out what factors are most important to you.

One of the best ways to cut through the marketing and start to figure out which programs offer what you need is to visit. Business school is a huge investment – and the right program might not be the one that looked best from the website. Visiting before you apply allows you to shape the optimal list.

  • School Specific Essays are Hard.

Once you start to apply, you will understand just how hard it is to capture what differentiates a school and makes it a good fit for you, personally. There is no substitute for specific knowledge and firsthand experience on the campus. Candidates who visit can talk about the course they sat in on, the admissions officer they interacted with at lunch, and how much they had in common with their student tour guide. You might also pick up some inside information about new courses or opportunities. These details can make the difference between a credible interview response or essay and one that falls flat.

  • You Need to Convey Interest.

You know that this is a competitive process. You also know that schools worry about yield, and about fielding a class of students who will get along and be happy at their program. It’s extremely hard to sell the admissions committee on the fact that their school is your absolute first choice if you have never been there. Yes, people absolutely get in without having visited –but it’s much, much harder.

If you have the resources to visit schools before you apply, even a subset of your target programs, I really encourage it. There are also other ways to connect with programs remotely, including talking to students and alums and attending events in your city. The bottom line is that you need to do everything you can to understand and connect with your target schools.


 Karen has more than 12 years of experience evaluating candidates for admission to Dartmouth College and to the Tuck School of Business at Dartmouth. Since founding North Star Admissions Consulting in 2012, she has helped applicants gain admission to the nation’s top schools, including Stanford, Harvard, Yale, Wharton, MIT, Tuck, Columbia, Kellogg, Booth, Haas, Duke, Johnson, Ross, NYU, UNC, UCLA, Georgetown and more. Over the last three years, clients have been awarded more than 14.6 million dollars in scholarships, and more than 95% have gotten into one of their top choice schools.

MORE FROM KAREN:  Should You Settle For Your Second Choice Business School?, Why The Admissions Committee Cares About Your Activities, Are You The Perfect MBA Candidate?

The post Why You Should Visit Business Schools BEFORE You Apply appeared first on Poets&Quants.



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Research MBA Programs :: Admissions- suggestions- gmat - Research MBA Programs

Author: alokbhatt93
Subject: Admissions- suggestions- gmat
Posted: Mon May 28, 2018 6:56 pm (GMT -8)

I am an engineer (B.E. Mech). Just appeared for Gmat and was able to score 700 (V35/Q49). Any suggestions as to what collges i should look for MBA?


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Monday, May 28, 2018

Myth Busters: MBAs Dispel Their Schools’ Worst Stereotypes - Poets&Quants

Feet and words Facts and Myths painted on an asphalt road , Two Yellow Arrows Painted on Asphalt showing different directions

No one wants to be called a “nerd.” The caricature is a pop culture staple: Bullied and celibate, nerds are the outliers whose high IQs and technical wizardly are only matched by their stunted social skills and laughable bench presses. Decked out in bow ties, thick-rimmed glasses, and pocket protectors, the prototypical nerd has his nose pressed into a textbook (or a laptop), consumed with the abstract and oblivious to its applications.

But what do you know — these nerds grow up to be Mark Zuckerberg and Tina Fey. You know, the ones who amass fortunes and shape the way we all live and think.

MIT has a reputation for being “nerdy.” That probably makes sense. Flush with research dollars, MIT is a bastion for engineering and physical science, a pioneering force in robotics, genetics, and artificial intelligence. Naturally, people tag the Sloan School of Management as the MBA program for tech-driven, all-consumed prodigies. You’ll find Sloan students are happy to adopt the “nerdy” moniker – provided people know what “nerdy” really means.

“If ‘nerdy’ means that we are intellectually curious and passionate about what we do — then, absolutely,” says Faye Cheng, a Siebel Scholar, Bain recruit, and 2018 Best & Brightest MBA. “We like to have fun but that’s not how we spend all of our time. For most of us, the MBA is way more than a two-year vacation.”

MYTHS HIDE THE TRUE VALUE OF THE MBA EXPERIENCE

Like most programs, Sloan benefits from the myths surrounding it. Sloan is the tech school, no different than Kellogg being associated with marketing, Wharton with finance, or Stanford with entrepreneurship. In many ways, such myths serve as a compliment: a recognition of excellence in a particular field. At the same time, they often obscure a reality: most business schools are strong across the board. Slapping them with a certain stereotype simply diverts attention from more fascinating aspects of a program.

Take Sloan. Operating from a Mens et Manus (“Mind and Hand”) philosophy, Sloan leans heavily on experiential learning as a means to imagine, experiment and act. While it traditionally ranks among the top programs in “hard” areas like information systems, operations, and logistics, Sloan has also carved out world class programming in areas like finance, management, and entrepreneurship. Even more, it has emerged as a leader in team-based learning that prepares MBA for far more than the lonely and nerdy tasks of crunching data and drawing up models.

“Sloan has a reputation for being very tech-focused and quantitative,” Cheng admits. “While there is definitely expertise in this area, there is also a great range of training in “soft” skills. For example, Communications and Organizational Processes are part of the core curriculum that all MBAs have to take. We even have a class where students put on a Shakespeare play! MIT has a lot of diversity around methods and perspectives, and Sloan’s curriculum really reflects that.”

As part of the Best & Brightest MBAs program, Poets&Quants asked MBAs to share the myths or stereotypes about their business school – and address whether they are true or not. From cutthroat cultures to dull campus life, here are some of the biggest myths you’ll hear about your favorite MBA programs.


Myth: Everyone goes into tech or entrepreneurship.

Reality: “It’s true that there are many interested in technology (wait, who isn’t?), and that many of my classmates aspire to start their own companies, but even more pronounced for me has been the genuine excitement I’ve felt and seen from the community for every imaginable career path.”

Sarah Anne Hinkfuss, Stanford GSB

 

 


Myth: Tepper is a nerdy, engineer-focused school.

Reality: “While we do love analytics and benefit from many students who have heavy-quantitative backgrounds, we are much more than that. My classmates come from many different professions, ranging from music to finance to non-profit, which gives Tepper a diverse and well-rounded community. That said, we are all (proudly) nerdy about something.”

Emily Gennaula, Carnegie Mellon University (Tepper)

 


Myth: Columbia has a very competitive culture.

Reality: “This could not be further from the truth. Both in the classroom and in recruiting, students are constantly working together and are always willing to help each other. I’ve found that the culture at CBS is incredibly collegial and supportive.”

Ryan Ripp, Columbia Business School

 

 


Myth: Babson is all about entrepreneurship.

Reality: “Entrepreneurship is not just about starting your own business. When I arrived to campus, I was expected to see classmates founding new businesses left and right, which hasn’t been the case. Instead, I’ve seen many more forms of entrepreneurship than I expected, including classmates running and growing family businesses; expanding businesses they had personally founded before grad school; working on the innovation team of large, Fortune 500 companies; or applying an entrepreneurial mindset and skillset to a social justice problem. Babson does an exceptional job of infusing an entrepreneurial perspective into every course you take so that you learn how to think like an entrepreneur across many contexts like finance, strategy, operations, and human capital.”

David James, Babson College (Olin)


Myth: IESE is (in)famous for its workload.

Reality: “Before I started my first day of the MBA, second year students told me that I would be extremely busy with 15 cases a week, team assignments, clubs, job searching, and networking events. My first month at IESE was exactly like that. Soon after realizing how unsustainable my life would be, I decided to design my MBA life based on my three goals – networking, learning, and soft skills. This is how I learned prioritization and giving things up. This is how, paradoxically, I elevated my MBA life to the maximum.”

Jieqiong Xu, IESE


Myth: Like other schools surrounded by rural areas, people think there isn’t much to do for fun in the Champaign-Urbana area.

Reality: “That is far from the truth. Due to our family-like environment, we are always finding ways to connect with each other in social settings. We have weekly tailgates during the football season, mug clubs to connect at the end of each week, onesie parties, BBQ’s, and much more. The Champaign downtown area has plenty of hidden gems, as it houses some vibrant bars and restaurants. Green Street is filled with some of your favorites such as Panda Express, Panera Bread, and Noodles and Company. In addition, there is a cultural element as Champaign is filled with Korean, Chinese, and Cajun restaurants that are sure to never leave your tongue bored. We’re a pretty fun bunch, take my word for it!”

Brandon Byers, University of Illinois (Gies)


Myth: Darden has a reputation for being incredibly challenging academically,

Reality: “Because of this, I was hesitant to take on too much as a student with a non-business background. I worried that I would get lost in the case method as peers with more experience would know the right answer and I would be left behind.  While its true that Darden is rigorous, the case method allows for everyone to contribute. Different backgrounds offer new insights while the people with more subject-matter expertise are trained to communicate more effectively. I was worried that I wouldn’t succeed academically at Darden, but instead I found a classroom experience that I thrived in.”

Devin Underhill, University of Virginia (Darden)


Myth: CEIBS’ curriculum is censored with little focus on innovation.

Reality: “Different experience: The energy and innovation both on and off campus were amazing to experience and are testament to China’s evolving economy. Open discussion was promoted to debate pressing issues.”

Richard Higgs, CEIBS

 

Go to next page for myths about Wharton, INSEAD, Duke Fuqua, Yale SOM, and NYU Stern.

Myth: Wharton’s culture is cutthroat.

Reality: “I found the opposite to be true. My major career goal when coming to Wharton was to break into the technology industry as a product manager at one of the big tech companies. With no prior tech experience, I knew this was going to be challenging. Throughout my recruiting period, I received tremendous support from classmates and my advisors. I remember having coffee chats with multiple classmates who worked at major tech firms. These people invested hours into my success – even during their own peak recruiting seasons – all without asking for anything in return. Furthermore, I worked closely with Samuel Jones and Erica Marks, the Wharton career advisors specializing in technology, both of whom offered constant support and professional advice. Together with the Big Tech and the startup treks, Semester in San Francisco Program (SSF), Tech Club and more, I had all the resources I needed to land a job as a product manager at a major tech firm.”

Tomer Meir, Wharton School


Myth: Smith is a smaller school, so there are relatively fewer resources for MBA students.

Reality: “Absolutely false! There is an abundance of resources and opportunities to take advantage of at Smith. Through experiential learning to gain hands-on business experience, global business classes, or leadership in student clubs, there is something that meets all students’ needs and provide value beyond the classroom. I sometimes worried that if I didn’t participate in everything that I would be missing out. But I had to learn early to set goals and identify key skills to choose the best avenues to achieve my personal and professional goals.”

Erin Moore, University of Maryland (Smith)

 

 


Myth: The school is French.

Reality: “The school is so culturally diverse that even after having lived more than 17 years in France, whenever I arrive at INSEAD campus, I am in a new planet with no cultural boundaries, and such a unique diversity that I sometimes forget that I am in France.”

Fatoumata Sy, INSEAD


Myth: Being on campus in the middle of southern Indiana is the equivalent of being in the middle of nowhere and results in a severe lack of a social scene.

Reality: “While Bloomington is about an hour from the next major city (Indianapolis), there are abundant opportunities to engage socially. Whether it’s attending operas and stage plays at the IU Auditorium, seeing some of the best young musicians from the acclaimed Jacobs School of Music, or enjoying performances at the Buskirk-Chumley Theatre, I have been able to feed my passion for the performing arts. If you are more of an outdoors enthusiast, there are plenty of hiking and bike trails in addition to being able to go out on Lake Monroe and enjoy the late summer and spring weather. While it’s not Chicago, New York or Boston, Bloomington is definitely a hidden gem whose campus experience is what you make it.”

Tyler Whitsett, Indiana University (Kelley)


Myth: The “Team Fuqua” spirit isn’t real.

Reality: “We really believe in supporting one another, whether in school or outside of it. Whether it’s an open door policy by classmates for interview preparation, pep talks in the hallway, or just a warm smile, we care passionately about lifting as we climb. Beyond any one experience, Team Fuqua really means thinking more about others than about your own personal interests.”

Julian Gordon, Duke University (Fuqua)

 

 


Myth: Rice is the school for the energy industry.

Reality: “It is true that energy fits into Rice’s wheel house. If you want to be in energy, there is no place better. Rice also has strengths in finance, health care and entrepreneurship. The Rice campus is directly across the street from the largest medical facilities in the world, Texas Medical Center. Rice Business also touts a #2 national ranking in entrepreneurship lead by the Rice Alliance acting as a catalyst for launching successful tech ventures through education, mentoring and networking connections.”

Stuart Crockford, Rice University (Jones)

 


Myth: There is a lack of community given that students live across the city and there is no central campus that would keep them in the same location.

Reality: “Stern students are genuinely interested in getting to know each other and creating valuable professional and education experiences through clubs for our peers. A great example of this is Stern Speaks, a year-long speaker series where Stern students share their personal stories. It is always a packed room, and I have seen students organize their schedule to make sure they can attend each event. It is a testament to the strength of the Stern community.”

Mahum Yunus, New York University (Stern)


Myth: Saïd Business School is embedded within Oxford, so it must be an archaic place.

Reality: “You certainly get the ‘Harry Potter’ experience of formal dinners and exams in black capes, but on the whole, I have found the business school to be very connected with the wider world. When I look around me, in many ways I believe the school’s progressive bent is ahead of the times, and is a marker of where the global business community is headed.”

Elly Brown, University of Oxford (Saïd)


Myth: All Yalies go into non-profits and eschew consulting and finance.

Reality: “Although the Yale community never fails to amazing me how diverse, unique, and unbelievable interesting the people are, last year close to 60% of graduating students went into finance or consulting. While there’s a long fracture tail that trails after that, the allure of the consulting and finance is remarkably strong, even at Yale.”

Hosanna Odhner, Yale SOM

Go to next page for myths about Chicago Booth, Northwestern Kellogg, Cornell Johnson, and UCLA Anderson.

Myth: Booth isn’t for me because I come from a non-traditional background.

Reality: “Having prior experience as a child actor and talent manager, I felt as alternative and non-traditional as you can get. Anxiety flowed through me the first week of fall quarter, as I realized I would be taking accounting classes alongside CPAs, corporate finance classes alongside CFAs, and competitive strategy classes alongside sponsored consultants. My gut instinct was to conclude that I was going to be eaten alive; I had made a monumental mistake in matriculating, and that Booth “wasn’t for me.”

However, I would come to find out throughout my time at Booth that I could not have been more wrong, and this environment has led to one of the most enriching experiences in my life. The academic curriculum, discussion, and deliverables are structured to inspire group work and collaboration, and I’ve learned just as much from my peers in preparing our case analyses for the week as I have from lecture material – their personal and professional experiences relevant to the topic adds a robust dimension to course and class discussions. I’ve also learned the ways in which I can give back to my fellow students who have not had client facing experiences. The exchange of stories, ideas and lessons learned has been a huge asset.”

Jonathan Osser, University of Chicago (Booth)


Myth: There’s not much to do in Ithaca.

Reality: “Not only is there plenty to do in the area, but we also have full access to the larger Cornell community, which draws so much talent and activity. In the past two years, I have gone sailing on Cayuga Lake, (kind of) learned to ski, taken salsa classes, and signed up for a rock climbing class…to name a few. Ithaca has plenty of restaurants, festivals, hiking trails, performances, and more to keep anyone busy.”

Lucie Coates, Cornell University (Johnson)

Reality: “Ithaca is boring — total lie. No, you will not stay out all night raging at a club, but you will hike the trails, go to Johnson on Tap or Wine Club; make very solid truly personal connections through the seemingly endless dinner partiesl get involved with various clubs; swim Cayuga Lake; and take advantage of the local wineries. No matter where you study, MBA programs are notorious for the “FOMO” — fear of missing out — that they create. Johnson is no different; trust me.”

Nicklaos De Maria, Cornell University (Johnson)


Myth: I think there’s a myth that UNC Kenan-Flagler is a regional school, both in terms of where students come from and which companies we join post-MBA.

Reality: “Native North Carolinians like me are actually quite rare! I’ve really enjoyed that a third of my classmates are from outside the U.S. and the rest are from all over the country. While many UNC Kenan-Flagler students do choose to stay in the Southeast, we also place a huge number of students on the West Coast and in the Northeast. I’m excited to have friends to visit from Seattle to Indianapolis to Austin!”

Catie Venable, University of North Carolina (Kenan-Flagler)


Myth: Kellogg isn’t an incredible place to pursue entrepreneurship.

Reality: “Kellogg has the best “resource-to-competition” ratio of the top MBA programs, and its programming is tailored to the needs of the next generation of entrepreneurs. From the Growth and Scaling Program (headed by Karin O’Connor) that is leading the evolution in Entrepreneurship Through Acquisition (ETA), to the Sales Institute (headed by Craig Wortmann), Kellogg is providing real-world opportunities and tactical, applicable skills (like the fundamentals of selling and how to manage a sales team) that entrepreneurs and small business owners must learn to be successful.”

Carr Lanphier, Northwestern University (Kellogg)


Myth: Scheller is only for people with STEM backgrounds.

Reality: “That is totally not true. So many of my classmates come from outside STEM. Some were former teachers or even singers! The curriculum was developed to help people become more versed on the effect of technology on business; Scheller doesn’t require an understanding of this before you apply.”

Declan Nishiyama, Georgia Tech (Scheller)

 

 


Myth: Anderson’s collaborative mindset to a touchy feely environment that was not conducive to hard work or success.

Reality: “It’s interesting to see how wrong these people were. Though our share success culture can be quite touchy feely at times, from intimate fireside chats to weekly meditation sessions with our peers, it is this exact intimacy that places UCLA Anderson a notch above the rest. My success can be directly attributed to the personal relationships and connections I made with first years, second years, and UCLA administration. If you walk into our career center, every advisor will know your name, not just the one that was assigned to. Every administrator makes an effort to not only know you, but your story, your goals, and your progress. And I’ll take a moment now to even add some touchy feely to this and shout out to my amazing advisor, Regina Regazzi, without whom I would in no way have been as successful during my MBA career—a stalwart entity for all of us through thick and thin. I will forever be thankful for the help and advice she shared with all of us.”

Melody Akbari, UCLA (Anderson)


Myth: Rotman’s reputation is a finance school.

Reality: “People have been trying to dispel this myth for years now, but this one seems to stick for no real reason. The school has dozens of active industry clubs, strong recruiting opportunities in marketing, consulting, tech, operations, and even the startup world, and there are plenty of electives to choose from no matter where your interest lies.”

Varun Chandak, University of Toronto (Rotman)


Myth: Competition always takes a backseat to our “famously friendly” culture.

Reality: “While this has been the most collaborative environment I have ever been a part of, I can honestly say that after participating in three case competitions my first semester, the spirit of competition here is alive and well. We are unique in that we bring together highly intelligent, driven, and competitive people. Yet, at the end of the day, we still remember that we’re all part of the same community.”

Joseph Martin, University of Texas (McCombs)

Go to next page for myths about Northwestern Kellogg, MIT Sloan, Dartmouth Tuck, U.C.-Berkeley Haas, and Virginia Darden.

Myth: You should only go to Kellogg if you are interested in marketing.

Reality: “I have had some wonderful marketing classes. Truthfully, I have found my entrepreneurial courses and finance classes to be some of my favorite classes at school. The Kellogg finance department is rich with exceptional professors and courses; I even found myself in a Capital Markets elective and am currently in a thought leadership Finance class. Old reputations die hard, and Kellogg has an excellent Marketing program, but it doesn’t get credit for the robust offerings in their finance and entrepreneurial pathways.”

Kathryn Bernell, Northwestern University (Kellogg)


Myth: There are a lot of engineers at MIT Sloan.

Reality: “Yes, engineering is the most represented background (about a third of the class). Frankly, coming from a non-engineer, we’re all the better for it. Being here, you quickly recognize that “engineering” is a broad category and is significantly more diverse than traditional business backgrounds (given the typical 3-5 year prior work experience of “feeder” industries, such as consulting and banking). Additionally, in-class discussions often have more depth as we are able to go beyond hypotheses solely reliant on “strategy” and include the realities from our peers’ practical experiences.”

Jason Liu, MIT (Sloan)

 

 


Myth: South Bend, Indiana pales in comparison to other cities with MBA programs.

Reality: “While it lacks the glamour of Chicago (my hometown, which is only 1.5 hours away) or New York City (where I lived pre-business school), the more rural and small-town vibe naturally brings the class together, which is an overlooked benefit of business school. Before classes started, I expected to regularly travel home, but I’ve spent almost all my weekends in South Bend (and at the Linebacker Lounge!).”

Alex Prosperi, Notre Dame University (Mendoza)

 

 


 

Myth: That being in Hanover, NH, somehow disadvantages you.

Reality: “I think it’s the opposite. Being in Hanover makes the Tuck network as strong as it is. It amplifies the connections, interactions, and bonds that you develop here.”

Sravya Yeleswarapu, Dartmouth College (Tuck)

 

 

 


Myth: Haas is built on the Defining Principles.

Reality: “These are no myth. In particular, “Question the Status Quo” and “Beyond Yourself” have defined my experience here. Every day, I see students who have decided, “This needs fixing” (whether it’s food systems, Bay Area housing stock, or the lack of tampon machines in the Berkeley bathrooms) and then, without a beat, rolled their sleeves up and started working towards a solution. They are just as motivated by their desire to dream up innovative solutions as they are by their commitment to making the world better to those around them.”

Liz Koenig, University of California-Berkeley (Haas)


Myth: Marshall Trojans are almost cult-like.

Reality: It is true that Trojans will go out of their way to support another Trojan in personal and professional need. However, I quickly noticed during many external networking events that Marshall students also willingly and happily open ourselves up to other MBA programs. Many of our student-led organizations host cross-program networking events because we understand that we will eventually all leave the Marshall walls to work alongside other MBAs. These events help us get to learn more about our future co-workers and expand our viewpoints on the overarching MBA experience. Because, in the end, we are all striving to grow and improve our various industries of interest and we do so through diversity of thought, experience, and backgrounds of all kinds.”

Darlene Zephyrine, USC (Marshall)

 

 


Myth: A small class size can limit certain recruiting opportunities.

Reality: “For the MBA programs with larger classes, there are obviously going to be more tried-and-true recruiting funnels with major companies. However, Owen’s size (fewer than 200 students per class) does not prevent any particular career outcome from occurring. Owen may have slightly fewer companies coming to campus than its larger peers, but I’ve seen countless classmates carve out paths to dream careers, even if their company didn’t have a huge recruiting pipeline at Owen. The Career Management Center and a supportive and increasingly expansive alumni network can more than offset any limitations the class size introduces.”

Bennet Hayes, Vanderbilt University (Owen)


Myth: Darden is not considered a quant-heavy school.

Reality: “Naturally, I don’t have a good data point from any other school, but I do believe that Darden is just as quantitatively rigorous as any other top MBA program. The case method lends itself to such broad discussions that we may not always be in weeds of the most complicated spreadsheets, but we use our “stealth-quant” skills to drive managerial insights across subjects. While we certainly develop robust analytical skills, Darden places a lot of emphasis on being comfortable with ambiguity and working with imperfect data. My favorite example of the use of quantitative analysis in a larger context comes from a joint case we did last year between ethics and finance – a pretty unusual combination, I’d say.”

Ilja Orre, University of Virginia (Darden)

DON’T MISS:

Busting The Biggest Business School Myths

Best & Brightest MBAs: Class of 2018

Biggest Regrets of the Class of 2018

The post Myth Busters: MBAs Dispel Their Schools’ Worst Stereotypes appeared first on Poets&Quants.



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