MBA JOURNAL: INTERNSHIP Making a Sustainable Difference "Businesses can play a major part in solving the climate crisis in a manner that actually earns them money"
Apple iPad Enters the MBA Classroom Amazon's Kindle may not yet be a success story on business school campuses, but there appears to still be hope for the Apple iPad
Kenan-Flagler Announces Online MBA Soon, MBA aspirants will be able to get an MBA from a top-ranked program from the comfort of their own homes, thanks to a new program at North Carolina's Kenan-Flagler Business School
Business School, Explained Stanford GSB MBA Admissions Director Derrick Bolton explains what an MBA applicant can do to stand out to admissions officers
B-SCHOOL FORUMS
Visit BW Online's interactive forums for wide-ranging discussions about management education. Search through over 1,359,000 posts for topics that interest you. Join in today! Here are a few samples of recent messages:
Getting into B-School — B-school: Way More Fun Than College
From: Entropy To: All
From visiting the top schools over the past few weeks and talking to students, I'm amazed at how much fun stuff and interesting activities people are doing. There's always something going on, whether it's a house party, a dinner, going out to bars, networking events, etc. Plus all the traveling to exotic countries.
The b-school experience absolutely blows away undergrad, which is mostly just going to lame frat parties (if your school had a greek system).
God, I hope I get in. I've been fantasizing about how much fun b-school is going to be.
From: Vasco To: Entropy
Hi,
Which schools did you visit ? And what´s your opinion about the program (class sample), facilities, students profile and cities profile ?
Thanks
From: Entropy To: Vasco
I visited wharton, sloan, and booth. Here are my quick thoughts.
Sloan: New building is SICK. very slick, feels high-tech. the students were nice but quirky and came from interesting backgrounds like media, tech, start-ups, etc. They were pretty stressed though since Sloan does NOT have grade nondisclosure. And their first-semester workload is quite brutal. I want to go into investment management, and they are very well connected with the big boston IM shops as well as some hedge funds. They also have G labs, which are classes where you get to travel to different countries and help out businesses. Very cool stuff.
Wharton: Huntsman looks like a giant modern castle on the outside. Very nice facilities but feels more "traditional" than sloan. Biggest negative was that you have to share the building with undergrads, and during lunch time it feels like you're in a high school hallway. Aside from that, wharton is very impressive and easily my 1st choice. The students were super bright, lot of finance whiz kids and superstars. The social scene is amazing since it's NOT a commuter school like columbia or nyu, and all the students stick together.
Booth: I visited for the booth live event, which was very structured. We had breakfast, lunch, snacks, meeting with students, mock admissions session with adcom officers where we read an actual application from last year and gave feedback. And then we went to the liquidity preference function, a weekly drinking/eating event every friday. You can never go wrong with free beer, wine, and burgers! The program is definitely intense, probably one of the best places if you want to delve deep into a certain area. The curriculum is extremely flexible, so you can pretty much do what you want. The students are nice, definitely dorkier than people at hbs, columbia, kellogg. The building is amazing, especially the winter garden.
From: Vasco To: Entropy
thanks for your return . Did you vist other schools ?
I intend to work in a Consulting Field ( first choice) or Marketing.
Getting into B-School — 2 Masters Degrees
From: WilJohn To: All
I am currently an undergraduate junior just trying to plan out my future. Anyway, I have the ability to graduate from undergrad a semester early, and then believe I will have an option to get two masters degrees without much cost. My state has a program where you get undergrad paid for ahead of time by your parents, and you get the number of credits required for a bachelors degree. I have this, and I have a plan for my schedule for the next couple semesters such that I can graduate with 52 of those credits remaining. I've heard MBA programs do not like "degree collectors" but that a Masters in Engineering is usually okay. However, is two masters overdoing it? I don't see any point in not using the credits, so the question is what to do with them.
My undergraduate degree is Computer Science, I currently have no minors, but am not to far off. If I do the two masters degrees, I'm thinking Industrial Engineering (with a heavy OR focus), and Economics. IE for a good job, Econ because I really like Econ. The cost of this will be about 21K. (I have no undergraduate debt, and I'll use internship money to pay that off).
If I don't do that, and do just 1 masters degree (Industrial Engineering), I can do a dual BSE & BA in Economics and Computer Science, and minor in Math. The additional cost of this will be approximately 5K.
I do eventually want to get an MBA, and I realize that will render the masters degrees somewhat useless, but again, no sense in not using those credits.
What are your guy's thoughts? Which should I go with?
From: JinShil2 To: WillJohn
There is nothing wrong with 2 Master's degrees. If ADCOMS don't like degree collectors, then it isn't obvious to me. I have a previous masters and so does bunch of classmates at a top 7 school. A few have PhDs and couple are MDs.
What ADCOMS do not want is someone straight out of school. So don't think your 2 master's can substitute for work experience.
In short, I believe your 2 Master's degrees can only help you in your future MBA admissions.
From: sacred To: WillJohn
A masters in a specific field + MBA sends the signal that you want to RUN a business in a given field and, to my view, is a very strong positive. Where it can hurt you, at least on your resume, if you receive a masters in a field that is disparate from the one you are pursuing.
From: MD1986 To: WillJohn
Do a dual degree; save $$ and time.
From: BosMBAasap To: WillJohn
The best I can offer is have some continuity to your career insofar as you pursue graduate degrees with a real interest in leveraging those in the future. I attend a "top" school and like other posters, I have noticed many of my classmates have prior Masters degrees. Guess the real question is why are you getting them other than because they can be had at a discount. If they fit into your career plans in and of themselves, go for it. Otherwise I'm not sure you want to be walking admissions staff and later post-MBA employers through a zig-zagging resume of graduate degrees. That's where "degree collectors" get nailed. Good undergrad grades, solid job with advancement and a good GMAT score will do just fine.
From: pruiz To: BosMBAasap
I hold 2 MsC and got interview invites in H/W/Chi/Col
Getting into B-School — MBA in Information Management
From: OverReprnstedMBA To: All
Hi Tasha,
I used to be hopeful and optimistic about getting into one of the top 10 schools here in the US. After reading your replies(read them for a whole afternoon) I characterized myself as "overrepresented, doesnt bring much diversity to the program" guy :-(
GMAT 710(49, 38) Stood in the top 0.08% in the state engineering exam(~100000 examinees) 31 year old
was leading and executing projects for a MNC out of India up until 4 years ago, after which I joined a small product dev firm as a Senior Developer. exceled at it though. My Director and CTO are writing recs for me. And the manager from my prev company is also writing a rec addressing the leadership aspects of my application. Now this rec will be from 4 yaers ago. Will the admissions comm take into account ? In the current company I do get the credit of setting up maintenance development center, mentoring etc... Now. I need this MBA to get back into Management.
A few volunteer activities and excelled at sports at the state level.
Now I would like to pursue an MBA that can leverage my 10 years of IT experience. Which schools provide this kind of MBA ? I would like to go to a top 15/20 school. Or Do you suggest doing a part time MBA ?
Please advise.
Thanks DreamMBA
From: JinShil2 To: OverReprnstedMBA
If you want to switch careers, then FT MBA is probably the better route mainly because it offers internship opportunities. But then again, not every FT students land an internship especially within the industry they are shooting for. Lastly, switching careers usually means taking a short-term paycut.
If you want to maintain your current IT career path, then a leading PT MBA is not a bad option.
You have a legitimate (but not great) shot at all the top 15 schools. You should definitely hire an admissions consultant and apply to as many schools as you are comfortable.
The recommendation letters don't mean a whole lot UNLESS they are negative. So I wouldn't put too much emphasis on those except maybe sending a nice xmas gift to the recommenders.
Good luck.
From: OverReprnstedMBA To: JinShil2
Thanks for the quick reply.
I would like to do FT if there is such a program that deals with information management. I am researching the same and am looking for someone who has done this or knows about such.
Thanks Again.
From: JinShil2 To: OverReprnstedMBA
I think most MBA programs have electives that deals with MIS/Info Mgmt. It is my understanding that MIT, Carnegie Mellon (Tepper), and UT Austin are very good.
Many of the leading MIS Professors teach at CM and they created well-established MIS process models such as CMMI etc.
In all, I would say MIT would be the best choice for MIS careers and it offers greater degree of flexibility if you want to switch careers. Tepper MBA would be terrific for IT related careers.
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For those of you who missed it back in October, when we launched our new series on B-school entrepreneurs, last week we published our second installment. It tells the tale, increasingly common on B-school campuses, in the broad strokes if not the particulars, of two MBAs at Darden who launched a venture that markets what can only be described as a high-end stationery kit complete with an online reminder system. (Hence the name: Forgetful Gentleman.) If you're the forgetful type, like me, it may end up under your tree at Christmas: Neiman Marcus declared it a "Top Gift for Him" for the 2010 holiday season.
So, yes, there may be many things to feel angry or upset about this year—persistently high unemployment and a massive budget deficit to name just two—but there are reasons to give thanks as well. Young people like Brett Nicol and Nathan Tan still wake up in the morning confident that there are business ideas worth pursuing. Will fancy stationery make the world a better place? Probably not. But will it create jobs down the road? If they can expand their product line, absolutely. Here's wishing Nicol and Nathan, and all the like-minded souls now working to launch their own ventures, the very best of luck. And to everyone else, happy Thanksgiving.
Louis Lavelle Business Schools Editor Bloomberg Businessweek
UCLA Anderson: Admissions Q&A MBA Admissions Director Mae Jennifer Shores explains what UCLA's Anderson school has to offer and what it takes to get in
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The Best Undergraduate B-Schools Undergrad business programs are getting MBA-like respect, and competition to get into them is hotter than ever. Here's how the top schools stack up
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