AdmitMBA360 Blog formerly Journey to my MBA

Journey to my MBA

Sunday, December 04, 2011

Integrated Reasoning section of the GMAT makes debut

link

Anxious business-school applicants have something to add to their to-do list: preparation for the new "integrated reasoning" section of the GMAT.

Although the new section was initially announced a year and a half ago, the Graduate Management Admission Council has offered scant details about what questions will look like and how they will be scored. With registration for the new test starting this month, many students are wringing their hands. Some test-prep experts say they may even see a rush of applicants wanting to take the test in the next few months just to avoid the new section, which won't appear on the exam until June.

The idea behind the "integrated reasoning" unit—which will be added to the existing verbal, quantitative and analytical writing sections—is to gauge how well applicants can extract and analyze complex data. The change comes as schools fall under increasing pressure from corporate recruiters to introduce more data-driven courses to better prepare students for the challenges they'll face after graduation.

"You're much more likely to have to analyze an integrated set of data than you are to do a geometry problem" in business school, says Andrew Mitchell, director of pre-business programs at Washington Post Co.'s Kaplan Test Prep. Geometry will still be covered within the GMAT's existing quantitative section.

So far, the council has published just four sample integrated-reasoning questions. One shows a table of data regarding flight traffic at various airports and asks the test-taker to determine relative passenger volume, flight landings and takeoffs at specific locations. Another question shows a scatter plot of ocean and air temperatures taken at a fixed location over the past year and asks test-takers to determine relationships between the two.

Many schools say GMAT scores, along with academic transcripts, are helpful predictors of how students will perform once they arrive on campus, but they are hopeful that the new section will provide an even more relevant data point.

"It's a step in the right direction," says Peter Zemsky, deputy dean of degree programs at INSEAD. Zemsky says that given the speed with which complicated decisions must be made in the business world, it's important to test applicants for such skills.

Still, admissions officers say they'll need at least a year before they know how to read results from the new section, as they see how test-takers progress through their first classes.

The test is still just a part of the total application package, which also includes interviews, references, essays and undergraduate transcripts.

Many admissions officers lament that students put too much emphasis on their GMAT scores, at the expense of other parts of their applications. "It doesn't matter what we say, applicants are going to stress out about the GMAT because it's (a) controllable, and (b) comparable," says Derrick Bolton, assistant dean and director of M.B.A. admissions at Stanford Graduate School of Business.

Data reflect that attitude: Admissions-consulting firm Veritas Prep found in a client survey that applicants already spend 71 hours preparing for the GMAT, but just 28 hours writing their essays and nine hours preparing for interviews.

The figure for test-prep likely will increase once the new version launches, say testing experts.


4 Comments:

Anonymous Business school ranking | Best MBA Programs said...

Thanks for sharing your idea. Its share awesome information by your.

11:29 PM  
Anonymous MBA in real estate said...

Thanks a lot for this valuable information..

4:48 AM  
Anonymous MBA Admission 2012 said...

For better or for worse, standardized tests are the gatekeepers of higher education.

5:23 AM  
Anonymous Executive MBA said...

Nice article. You are right, students will always fret about the GMAT!

1:10 PM  

Post a Comment

<< Home

ROSS EMBA coming to LA

link

This past week, the Ross School of Business announced that it will offer its 20-month MBA Program in Los Angeles beginning in August, 2012. Following up on this announcement, the MSJ had a chance to sit down with Professor BillLanen, the Associate Dean and Head of Global Initiatives at Ross, and discuss this exciting initiative.

The 20-month program will offer the same curriculum as the current EMBA program, with classes offered once-a-month that offer a blend of action-based learning and leadership development initiatives. Michigan faculty will fly to LA once a month, adding authenticity to the program which should help to maintain the value proposition of a Ross MBA. The intent is to leverage the current Michigan alumni-base, with a worldwide network of approximately 500,000 members, to help build and expand the brand on the West Coast. Ross graduates will help to recommend candidates, sponsor employees, and recruit graduates. Currently, the EMBA program primarily appeals to business professionals in the Midwest and East Coast. This expansion offers an opportunity to expand the Michigan brand to a key market, and offer a unique opportunity to West Coast business professionals that could not otherwise participate due to travel restraints. According to Dean Alison Davis-Blake, "this West Coast expansion allows us to respond to a market need and replicate a model of delivery to future markets across the US and beyond."

One challenge that we raised to professor Lanen was how to maintain the Michigan / Ross culture in LA? He acknowledged that some connection will need to happen, but this challenge is not unique, and has been successfully addressed in other programs that Ross has rolled out. For instance, in the Brazil Global MBA program, students reside in Ann Arbor for two months, which helps to acclimate students to Michigan and permeate the Ross culture. Moreover, in the Global MBA program, where students complete the core curriculum in Osaka, Seoul, and Beijing, students get to enjoy a global learning environment, then return to Ann Arbor to complete the second year. One step that has already been taken to ensure the Ross culture in maintained is a student orientation in Ann Arbor, where students will get to come to campus and learn the "Ross way" on the ground.

After a very informative discussion, we closed with a pretty direct question…..can this work? Professor Lanen stressed the importance of the student base that is selected, and the impact that they eventually have on the local region. As with any MBA program, the ultimate success is typically predicated on the quality of the student base. Given Michigan's track record, expansive alumni network, and global brand, I am willing to bet that "Go Blue" chants in LA executive circles will be expanding for many years to come!


1 Comments:

Anonymous Business school ranking | Best MBA Programs said...

Hiii!!! this is roshni... this list is really very helpful for MBA aspirants

11:30 PM  

Post a Comment

<< Home

Thursday, December 01, 2011

UCLA Anderson charts its worldwide impact with new online, interactive global map

bragging or tuberous. you decide...

article link
During its 75 years of "business beyond usual," theUCLA Anderson School of Management has educated tens of thousands of students and served as home to hundreds of distinguished faculty members whose work and research have had a tremendous impact throughout the world.
But how to keep track of all those accomplishments?
In an effort to highlight these significant accomplishments, the school has launched its Global Impact Map, the first-ever interactive microsite designed to chart the achievements and advances the UCLA Anderson community has made throughout the world.
The site, AndersonImpactMap.com, was developed to encourage social interaction between current students, faculty and alumni, as well as to offer an ever-expanding look at the contributions they have made to corporations, organizations and various communities through their work, studies, research and discoveries, both during and since their involvement with the school.
"This is an exciting innovation of UCLA Anderson, introducing an interactive tool that tracks the extraordinary accomplishments of our students, alumni and faculty," said Judy Olian, dean of UCLA Anderson. "It's most impressive and heartening to observe the depth and breadth of our community's leadership and societal accomplishments."
The impact that students, alumni and faculty have had ranges from effective international business leadership and new business development to community service projects, including the promotion of children's literacy in Guatemala, research in Japan that has affected education in the U.S., and efforts to eradicate poverty.
To encourage interactive participation, the Global Impact Map allows users to document their own accomplishments, review those of others and nominate members of the UCLA Anderson community to be included in the map.
For more information and to interact with UCLA Anderson, visit www.AndersonImpactMap.com.

1 Comments:

Anonymous Business school ranking | Best MBA Programs said...

Thanks for your comments and the link to your blog.

11:30 PM  

Post a Comment

<< Home

Field of dreams Harvard Business School reinvents its MBA course



article link

YOUNG mums shopping in the Copley Mall in downtown Boston last month found themselves being questioned about their use of soap by students from Harvard Business School. The students were not doing odd jobs to earn beer money. They were preparing to help a firm in Brazil launch an antibacterial cleanser.

Fieldwork—ie, going out and talking to people—is a big change for HBS. Its students used to sit in a classroom and discuss case studies written by professors. Now they may also work in a developing country and launch a start-up. “Learning by doing” will become the norm, if a radical overhaul of the MBA curriculum succeeds.

The 900 students arriving in Boston this summer for their two-year course were told they would be guinea pigs. The new practical addition to HBS’s curriculum is known as “FIELD” (Field Immersion Experiences for Leadership Development). Not all the staff and students are overjoyed to be experimented on. But the man responsible, Nitin Nohria, who became dean of HBS in July 2010, says that “if it works, the FIELD method could become an equal partner to the case method.”

Long before he became dean, Mr Nohria lamented the failure of business schools to fulfil their mission of turning management into a profession similar to law or medicine. Asked what should be expected from someone with an MBA, he replies that “obviously, they should master a body of knowledge. But we should also expect them to apply that knowledge with some measure of judgment.” MBA students have long been sent on summer internships with prospective employers, but HBS, like most business schools, did little else to help them with the practical application of management studies.

What happens in the second year of the new course is still being worked out. But the first year has three elements. First, team-building exercises. Students take turns to lead a group engaged in a project such as designing an “eco-friendly sculpture”. They learn to collaborate and to give and take feedback. These exercises are loosely based on ones used in the US army.

Second, students will be sent to work for a week with one of more than 140 firms in 11 countries. Already the new intake have had conference calls with these companies, ranging from the Brazilian soapmaker to a Chinese property firm, and gone off-campus to conduct product-development “dashes” like the one in Copley Mall. This sort of structured learning-by-doing is a world away from HBS’s traditional encouragement of students to “go on an adventure” outside of classes.

In the third novel part of the course, students will be given eight weeks, and seed money of $3,000 each, to launch a small company. The most successful, as voted by their fellow students, will get more funding. It remains to be seen if this amounts to much more than a souped-up business-plan competition, though Mr Nohria says he hopes some real businesses will be created. (If only HBS had thought of this when Bill Gates was thinking of starting Microsoft, or Mark Zuckerberg was creating Facebook—perhaps the school would have received shares in those firms.)

It is unclear how much the one-week working assignments will achieve. Pankaj Ghemawat, a management guru, says “the literature suggests that an immersion experience needs to be at least 2-3 weeks and be backed up with time in the classroom.” The HBS students’ classroom preparation will have to be pretty thorough, then, to make up for the brevity of their field trips. Moreover, some of the HBS alumni who have agreed to offer work experience at their firms say they are unsure what meaningful work they can offer the students.

Privately, some faculty members are sceptical that all this change will be worthwhile. In January, the vote in favour of trying the field method was “as enthusiastic as you could get from a faculty,” says Mr Nohria, wryly. He wisely ensured that ownership of the idea was widely spread by delegating design of the new curriculum to several faculty committees. The vote gave the go-ahead to run a “delicate experiment for 3-5 years to see if we can move the needle”, he says, compared with the 13 years it took to develop the case method into more or less what it is today.

The experiment does not come cheap, adding 10-15% to the course’s cost (students pay at least $84,000 a year), which HBS will bear while it figures out what works. A lot is at stake. For where Harvard leads, other universities may follow.


2 Comments:

Anonymous MBA Entrance Exams said...

Nice article. Thank you for sharing.

11:15 PM  
Anonymous Business school ranking | Best MBA Programs said...

I have had a look and will mail you some comments.

11:31 PM  

Post a Comment

<< Home

Friday, November 18, 2011

MBA costs soar. Salaries? Not so much.

The total cost of a Stanford MBA is now more than $350,000. And salaries have not kept pace. Yet another look at the diminishing returns of the degree.

By John A. Byrne, contributor

(Poets&Quants) -- Getting an MBA degree from a top-tier business school in the U.S. now costs more than a third of a million dollars. That's the unmistakable conclusion of a new analysis by Poets&Quants that takes into account the opportunity costs of quitting a job to attend graduate school for two years.

The highest total cost comes from Stanford Graduate School of Business, where students typically leave jobs that already pay them more than $88,000 a year. If you tack two years of forgone earnings to the school's recommended student budget, the total cost of getting an MBA is now a whopping $351,662.

Stanford is hardly alone. There are eight U.S. business schools where the cost of earning an MBA now exceeds $300,000. They include Harvard ($348,800), Wharton ($326,400), Columbia ($322,590), Dartmouth ($316,200), Chicago ($315,608), MIT ($313,264), and Northwestern ($310,378).

Even MBAs from the best public universities barely lighten the load. The total cost of a two-year MBA from the University of Virginia's Darden School is now $279,650, while the University of Michigan MBA costs $271,448. The only relative bargain on this list of top 25 schools comes by way of the University of Wisconsin at Madison. The total MBA price tag: $195,380, the only school below $200,000.

Plenty of income left behind

The cost of earning an MBA has escalated as many students' pre-MBA salaries are quite high. Northwestern's Kellogg School of Management says that students who enrolled at the school this fall left jobs that paid them an average of $73,960 a year. At Berkeley's Haas School of Business, the school said its students had earned $66,345 annually before enrolling in its MBA program this year. And at Duke's Fuqua, the school said its newest MBA candidates had been making $64,087 a year.

In some cases, the "average" figures fall below the median numbers reported by the schools. At the Haas School, for example, the median is $68,000 a year, versus a $66,345 average.

Many of the top business schools recently reported these figures to Bloomberg BusinessWeek, along with their recommended student budgets. A student budget includes tuition, required fees, books and case study materials, as well as room and board. In some cases, schools declined to provide data on the forgone pay of their latest students. Poets&Quants estimated their numbers based on previously disclosed pre-MBA salary data.

Harvard MBAs leave most on the table

Harvard Business School MBA students had earned the most money before heading off to Cambridge, Mass.: an estimated $90,400 a year. Of the top 25 U.S. business schools, 23 have students who earned in excess of $50,000 a year before enrolling in their full-time MBA programs.

It's relatively rare to see the forgone pay numbers of MBA students, but those numbers also are an important measure of the quality of students at a business school. The larger the salary, the more likely it is that the candidate left a meaningful job in a demanding environment. In any case, applicants to the top MBA programs have to give up a lot when they decide to go to an elite graduate school.

How have these numbers changed over the years? Some 10 years ago, an MBA student at Kellogg left a job that paid $65,000 a year versus today's average of $73,960. Back then, the two-year recommended budget for the degree came to $105,066, compared to $162,458 today. The total bill for a Kellogg MBA was $235,066 10 years ago. Today, it's $310,378.

And the reward? Kellogg MBAs graduating in 2001 pulled down median starting salaries of $90,000 and median starting bonuses of $25,000 each. MBAs in Kellogg's class of 2011 reported median salaries of $110,000 and signing bonuses of $20,000 each. So over the past 10 years, the total cost of getting a Kellogg MBA has risen by 32%, while the starting salary and bonus has increased by 13%.

The comparison looks even less enticing against the 54% rise in the recommended student budget over the past 10 years. The bottom line: What an MBA now spends to get the degree has increased more than four times the post-degree starting salary in the past 10 years. It's yet another look at the diminishing returns of the degree.

It's not merely the fact that the costs of an MBA have far outpaced inflation. A stagnant economy has also kept both pre-MBA and post-MBA compensation down.


1 Comments:

Anonymous Business school ranking | Best MBA Programs said...

I would be really interested in what the main networks are that you use in China, and a few blogs that are worth following if you want to guest post here, drop me a message.
Hey. Your blog is very interesting. please share more your information about of this...

11:32 PM  

Post a Comment

<< Home

$1.4 Million Grant Gives Boost to UCLA Anderson Program New funding will bring health literacy to more low-income families

Article

LOS ANGELES, Nov 18, 2011 (BUSINESS WIRE) -- Amid reports that an increasing number of Americans are living below the poverty level, UCLA/Johnson & Johnson Health Care Institute (HCI) is expanding its efforts to help low-income families.

The HCI, in partnership with the American Academy of Pediatrics (AAP), along with several other partners, was chosen by the Department of Health and Human Services' Administration for Children and Families (ACF) to establish a center of excellence for Head Start to serve the nation. HCI will receive $1.4 million dollars out of the $12 million grant over four years for its role in the Office of Head Start National Center for Health.

HCI plans to expand its work in health literacy, educating teachers, parents and children on a range of health care topics. These activities will include live training sessions, customized simplified multi-lingual handouts for families on topics ranging from prenatal education for a healthy pregnancy, management of common childhood illnesses, good oral health practices, accident prevention in the home, and nutrition, training manuals for staff and teachers, and technical assistance to Head Start agencies to help them meet low literacy needs for health promotion for the vulnerable populations they serve.

"These funds come at a time when our nation still seeks ways to improve health literacy and control health care costs," says UCLA Anderson Senior Associate Dean Alfred E. Osborne. "This will provide more families with the appropriate tools and skills to empower them in their health decision making, and the net benefits will follow -- not just for common childhood ailments, but also in nutrition to fight childhood obesity and diabetes, improved oral health status and prenatal health education."

This health literacy program was developed by Dr. Ariella Herman, UCLA Anderson senior lecturer and HCI research director, and the HCI team. Together they created a series of low-literacy learning materials, manuals and protocols supporting this education process to enhance the fundamental skills of health literacy.

"People often do not recognize the importance of health literacy, which makes a coalition like this so important," says Herman. "The combination of renowned partners in the medical field with management expertise from the Anderson School brings extraordinary opportunity to improve the health of children and families in Head Start, with implementation of strong health education and prevention programs.

"Just knowing the appropriate response for concerns arising during pregnancy, when a child is sick, or how to provide one's family with a healthy diet on a limited budget can be powerful; this low-cost dose of prevention is important for improving health and is what the new legislation of the Affordable Care Act calls for," she adds.

The 2010 HHS National Action Plan to Improve Health Literacy recognized the significance of health literacy in the nation's health agenda. "It is the currency for everything we do," said Howard K. Koh, MD, MPH, Assistant Secretary for Health for the US Department of Health and Human Services in the National Action Plan to Improve Health Literacy, Forward 2010.

To date, Herman estimates 50,000 families in the U.S. have benefited from HCI's work over the past decade. With this new grant, HCI is preparing to double that number nationally in the next four years.

"Health knowledge and awareness is one thing, but the successful implementation of behavioral change in Head Start agencies and families is quite another," says Conrad Person, Johnson & Johnson's director of corporate contribution. "J&J is delighted with the impact and influence of Dr. Herman's research and is pleased to see this effort continued on a larger scale with the establishment of a National Center for Health."

"UCLA is known for its public mission and service to communities," says UCLA Anderson Dean Judy Olian. "Dr. Herman's application of management principles to health education achieves powerful impact by addressing societal challenges through business theory and advanced practices. That's what we do at UCLA Anderson."

About UCLA Anderson School of Management

Celebrating 75 years of Business Beyond Usual, UCLA Anderson School of Management is among the leading business schools in the world. UCLA Anderson faculty members are globally renowned for their teaching excellence and research in advancing management thinking. Each year, UCLA Anderson provides a distinctive approach to management education to more than 1,800 students enrolled in its MBA, Fully-Employed MBA, Executive MBA, Global Executive MBA for Asia Pacific, Global Executive MBA for the Americas, Master of Financial Engineering, doctoral and executive education programs. Combining selective admissions, varied and innovative learning programs, and a world-wide network of 37,000 alumni, UCLA Anderson develops and prepares global leaders.

SOURCE: UCLA Anderson School of Management



0 Comments:

Post a Comment

<< Home

Thursday, November 10, 2011

Top Part-Time MBA Programs of 2011

Regional Competition Heats Up

By Louis Lavelle

In the two years since Bloomberg Businessweek last ranked the nation's top part-time MBA programs, it would appear there's been little change in the established order. In five of the six regions, the No. 1 school remains the same, with only the University of Michigan's Ross School of Business becoming a new No. 1 in the Midwest, ousting the University of Nebraska-Lincoln.

But just below the No. 1 schools, a transformation is under way. Villanova surged from No. 9 to No. 2 in the Mid-Atlantic region, putting it within a hair's breadth of No. 1 Carnegie Mellon. Chicago Booth moved up two spots in the Midwest, while Georgia State did the same in the South. Babson, unranked in 2009 because of a low rate of response to our ranking survey, made a startling debut at No. 2 in the Northeast. In the Southwest, the University of Denver advanced to No. 5 from No. 8. And in the West, the University of Nevada, Reno, is now at No. 2, moving up three spots and nipping at the heels of No. 1 UCLA.

In the slides that follow, we list the top five schools in each region. To see the complete list for each region, use our interactive graphic. To learn more about individual programs, check out their online profiles, use our comparator tool, or take a virtual school tour. And for a detailed explanation of our methodology, read our FAQ.

GMAT scores, work experience, class size and completion rates are self-reported by schools. Grads reporting salary increase, average salary increase, and information on career goals are based on students responding to the ranking survey and do not represent the entire class. NA=not available. NR=not ranked.

Join the discussion on the Bloomberg Businessweek Business School Forums, visit us onFacebook, and follow @BWbschools on Twitter.


3 Comments:

Anonymous Asia-Pacific Institute of Management said...

Really nice & helpful content. Thanks for sharing. Great Job. keep it up.

2:48 AM  
Anonymous MBA Entrance Exams said...

I just go through it. really good and helpful information.Thank you for sharing.

10:49 PM  
Blogger Dr. Deep Lodhari said...

this is very helpful content for MBA people thanx for sharing such a useful thing.
=====================================

2:53 AM  

Post a Comment

<< Home

Monday, November 07, 2011

MBA Applications Down says BusinessWeek

MBA Applications Down

By Alison Damast

The gangbuster growth of business school applications during the recession appears to be a thing of the past for two-year full-time MBA programs. This year, application volume was down at 21 of the top 30 full-time MBA programs, according to data collected by Bloomberg Businessweek. The decline in applications is a trend that appears to be accelerating, with eight additional schools reporting declines in application volume this year over 2010. Applications were down at seven of the top 10 business schools, including the University of Chicago's Booth School of Business, Harvard Business School, and Northwestern University's Kellogg School of Management.

Stanford saw the biggest dip in application volume of the top 10 schools, with 586 fewer applications this year, an 8 percent decline from 2010. Still, some of the top 30 schools managed to buck the downward trend. Dartmouth University's Tuck School of Business, University of Michigan's Ross School of Business and University of California, Los Angeles'Anderson School of Management, reported substantial increases in applications, with each school receiving more than 200 applications over last year's total.

The downward spiral in application volume at the top 30 schools is mirrored in the business school world at large: 67 percent of two-year full-time MBA programs surveyed by the Graduate Management Admission Counil (GMAC) reported a decrease in applications this year, up from 47 percent in 2010. A skittish economy, coupled with candidates unwilling to leave their jobs, may be causing some to hold off applying to business school, GMAC noted in its latest survey of application trends. "The impact of economic uncertainty on admissions trends for full-time MBA programs may still be underway," GMAC said in the report.

The smaller pipeline of MBA applications this year meant that getting into some of the top business schools has become easier. Two-thirds of the top 30 business schools admitted a larger percentage of applicants this year, up from one-third the year before. The University of Minnesota's Carlson School of Management had the biggest slip in selectivity of the top 30 schools, admitting nearly 41 percent of students, up from 30 percent in 2010. More typical were the University of Southern California's Marshall School of Business and Brigham Young University's Marriott School of Management, both of which saw selectivity slip five percentage points. Even Stanford, the most selective of the top 30 business schools, became slightly easier to get into, accepting 7 percent of all applicants, up one percentage point from 2010.

The following list provides a more comprehensive picture of how application trends shook out at each of the top 30 schools, with a breakdown of application volume, selectivity, and yield or the percentage of accepted applicants who ultimately enroll. The University of Pennsylvania'sWharton School, where applications fell more than 5 percent this year, to 6,442, declined to supply selectivity and yield figures and is not included in this slide show. The schools are listed from least selective to most selective.


2 Comments:

Anonymous Business school ranking | Best MBA Programs said...

Wonderful blog sharing by your. Its really write great about of this blog. I don't know how to say thanks.

11:33 PM  
Anonymous MBA Entrance Exams said...

I just go through the article. really good one. Thank you.

12:54 AM  

Post a Comment

<< Home

Tuck apps rise

I never went here, but if I had a choice.... I would have gone to Tuck.

Tuck apps rise despite nat’l drop

By Noah Reichblum

Published on Monday, October 24, 2011

In a year that saw the volume of applications to full-time MBA programs decrease by nearly 10 percent nationwide, the Tuck School of Business bucked the trend, and was instead one of three top-10 MBA programs to experience an increase in the number of applications, according to Bloomberg Businessweek.

Over two-thirds of MBA programs nationwide surveyed by the Graduate Management Admission Council reported a decrease in the number of applications they received in the 2011 admissions cycle, according to Bloomberg Businessweek. This is a dramatic change from 2010, when only 47 percent of full-time MBA programs saw a drop in their application numbers. Tuck received over 200 more applications this fall compared to last year, according to Bloomberg Businessweek. Tuck received 2,528 applications for the current freshman class, 20 percent of whom were accepted, according to Bloomberg Businessweek. Tuck Dean Paul Danos said the increase in applications is due to the school’s world-class reputation, high job placement rate for graduates and the natural cycle of application numbers.

Tuck continues to attract prospective students due to “a reputation for having a very good placement track record and a learning experience that some people really like,” Danos said, citing the fact that 97 percent of alumni in last year’s graduating class are currently employed.

After seeing other schools’ statistics, Danos said he was surprised that the application numbers for Tuck — a small school of roughly 500 students — increased.

“I was expecting to have pretty much a steady state,” he said. “These things cycle. One year we might get less applications and sometimes we’ll do better than most.”

The increase in applications also comes during tough economic times, a sign that students believe a Tuck education is worth both the financial and time investments, Danos said.

Danos said there is always a need for “highly talented” people who have an MBA degree, even when the economy is suffering. Internationally-focused schools like Tuck, which “have a portfolio of places [graduates] can go to,” continue to place students in jobs abroad regardless of the state of the national economy, Danos said. The Economist recently ranked Tuck the number one full-time MBA program in an international assessment of business schools.

Even though Tuck’s application and admissions numbers remained unscathed this year, Danos said that admission numbers could decrease next year as a result of the continued stagnant economy.

“If economic times continue, I think over time it’s going to affect everything — all programs, including Tuck,” he said.

Vibhuti Nayar Tu’12 said the strength of Tuck’s community makes it such a popular program. After interacting with various community members throughout the application process, Nayar realized that Tuck was her number one choice, she said.

“Tuck offered one of the strongest skill sets,” she said. “When I spoke to current students, I got a sense that the school is warm and people look out for you.”

Kate Head Tu’13 said she applied to business school after working at a non-profit for three years in order to ease the career transition. After applying to three MBA programs, she chose to attend Tuck after discussions with admissions officers convinced her that Tuck alumni are “value-added.” Head said the strong Tuck alumni network is important in a business job market that is often “about who you know.”

Nayar and Head agreed that the small size of Tuck was one of the school’s most appealing aspects. The tight-knit community encourages students to work closely together in study groups, a skill that recruiters look for in MBA graduates, she said.

The national decrease in applications has raised the admission rates for many graduate programs, Bloomberg Businessweek reported. Of the top 30 business schools, 21 have seen higher admission rates than last year, according to Bloomberg Businessweek.

Danos said that while extremely selective schools can afford to receive fewer applications, less competitive graduate programs are hurt by a smaller pool of applicants.

Despite current admissions numbers and worrisome prospects for future admissions rates, Tuck will continue to focus primarily on providing a high-quality education, Danos said.

“Over time, we’ve pushed to have a higher quality of experience, a high quality student body and a larger and deeper faculty,” he said. “We have to stick to this high quality of education, regardless of the application numbers.”


1 Comments:

Anonymous Best MBA Programs said...

Uttar Pradesh Rajarshi Tandon Open University (UPRTOU) Provide access to higher education for large segment of the population, and in particular, the disadvantaged groups such as those living in remote and rural areas including working people, house-wives and other adults who wish to upgrade or acquire knowledge through studies in various fields.

2:08 AM  

Post a Comment

<< Home

Journey to my MBA Locations of visitors to this page
Stay up to date with this Blog
Monitor changes to links on the sidebars of this Web Site
Dave's E-Mail

Subscribe with Bloglines Subscribe with My Yahoo! Subscribe with Google Subscribe in NewsGator Online Subscribe in Rojo Subscribe with Pluck RSS reader Subscribe with Bloglines Add to AOL
Get Updates of this Blog via Email:

Powered by Squeet.com
Some Noteworthy Blog Postings
Cornell-Johnson Visit Experience-Dave
MIT-Sloan Visit Experience-Dave
Wharton Visit Experience-Dave
Darden Visit Experience-'04-Dave
Darden Visit/Interview Experience-'06-Dave
Darden Pictures-'06
HBS Visit Experience-'04-Dave
HAAS Visit/Info Session-'04-Dave
Columbia Visit/Info Session-'04-Axechick
Tuck Visit/Info Session-'05-Laser
Tuck Visit/Interview '06-Dave
Tuck Pictures1-'06
Tuck Pictures2-'06
--------------------------------------------------------------
Michigan Info Sess. Experience-Dave
Columba Info Sess. Experience-Dave
Tuck Info Sess. Experience-Dave
World MBA Tour Experience-Dave
Travel Guides-Dave
Columbia Open House I-Droodoggie
Columbia Open House II-Droodoggie
--------------------------------------------------------------
Application Essay Advice-Dave
Application Essay Advice II-Dave
MBA App advice-Consulting/Management-Dave
Good Essay question Prep-Uniqpath
The MBA Journey Begins-Dave
The MBA App Process-MarketWiz
Picking Target Schools-Sghama
Pre-App Tips-Bloghorn8
How to interact w/ B-School Staff-Dave
Managing Your Recommenders-ClearAdmit
Schools I Picked & Why-Anand
Import App Elements-Redwolf056
A Successful Essay(Chicago GSB)-PowerYogi
Why Chicago GSB-Paul Jan
Stanford GSB Dean on Essays
------------------ Application Process ------------------
Advice on Admissions Consultants-Dave
Why get an MBA now?-Dave
Why do I need an MBA?-Dave
Story of Tenacity-Dave
MBA App Advice-Dave
Maximize your MBA Info Sess. Exp.-Dave
Low GPA Stories-Dave
Introspect on being resolute-Dave
Why Attitude Matters-Dave
Wharton's Interview Policy-RedWolf
Dealing with a Low GPA
Tuck's App Review Process
UCLA's App Review Process
Wharton's App Review Process
Every Essay Tells a Story
Your Story is so Interesting
What is a great essay?
Am I too young to apply?
When is the best time to apply?
Applying and not sure where to start?
Is school XXX any good?
The B-School Admit Hate List
Hey Applicant, Lay off the Buggin
Should I interview on or off campus?(See comment)
MBA Tour/Info Session Tip
The Interview
------------------ GMAT ----------------------------------
Low GMAT Success Stories
GMAT Score Needed in Europe
GMAT Score Needed
GMAT Score Needed by Age
GMAT Score Needed by Country
GMAT Score Needed by Race
GMAT Score Needed by Major
Budgeting time for the GMAT
Breaking the 700 Barrier
--------------------------------------------------------------
The B-School Route to Career Change
Pre-MBA Resources
MBA Math Build math and spreadsheet skills
Article
MBA Resources show all
--------- Video Interview's of B-School Deans -------
Video Interviews of B-School Deans
------------ B-School Visit Experiences ----------------
Admin Director Interviews
Visit Reviews
------------ MBA Forums ----------------------------------
Business Week Forum
Wharton Student Forum
PagalGuy.com(India)
Chicago GSB Forum
Yale Forum


----------- B-School Articles and News-----------------
How B-Schools get their name
BusinessWeek(B-School Headlines)
The Economist(News from Schools)
The Financial Times(Business Education)
Wall Street Journal(MBA Center)
----------- Gen MBA Info ---------------------------------
MBAMap.com
MBABuzz MBA Blogs, Forum, App Stat Plotter
MBA Info
GMAC
MBAZone.com
MBA Studylink
MBA Jungle
MBA Game Plan
MBA Official Guide
MBA Depot
Top 10 MBA
Ivy League Admissions.com
MBA Podcaster
MBA Jargon
MBA School Directory
Admission411
MBA 4 Success
Military MBA


------------ MBA Program Summary for Applicants---
Accepted.com
BusinessWeek.com
ClearAdmit School Guides
MBAMap.com
TopMBA.com
TheMBATour.com
WSJ School Snapshots
WSJ Who's Recruiting Where?
MBAPrepAdvantage School Profiles
------------ MBA Foreign Related -----------------------
Canadian MBA
Infozee "Foreign MBA"
------------ MBA Conf/Foundations --------------------
Top MBA
The MBA Tour
The MBA Diversity Alliance
Forte Foundation
Catalyst Women
Knowledge@Wharton Podcast
Association of MBAs
------------ Resume Help ---------------------------------
Wetfleet.com
Resumeedge.com
Resumedeli
Darden Resume's
MBA Game Plan Resume Help


------------ Essay Help ------------------------------------
American Dream Project.org - (Dave's Pick)
Essayedge.com (Samples) (Getting Started)
MBA Essay Strategy(download)
MBA Game Plan Essay Help
Some Classic Advice from Wharton Boards
Clear Edit Automated writing editor
MBA Studio


------------- Interview Insight --------------------------
B-School Interview Braindump-Accepted
B-School Interview Braindump-Clearadmit
------------- Ethnocentric Assoc. ----------------------
P.R.I.N.A.
yKAN
LEAD Program for minorities
------------- Post-MBA ------------------------------------
MBA Concepts
------------- MBA Articles---------------------------------
If you want your application to B-School to stand out;first do your homework properly, and then apply early
Admissions Tip:HBS Essay #2
Writing good essays from an ADCOM perspective
Top 5 MBA programs Article
The Full-Time Advantage
Overcoming Procrastination
Why B-School is good for our Economy

MBA Ranks show all
Ranks by Industry Sector Show
--------------------------------------------------------------
Forbes ranking measures the graduates' return on investment
Economist ranking reports how students and alumni rated their MBA experience
BusinessWeek surveys students and corporate recruiters and measures intellectual capital
Wall Street Journal is a corporate recruiter based poll (21 criteria)
U.S. News & World Report evals student selectivity and placement data and gathers the perceptions of deans and program directors to develop the ranking
Financial Times poll measures career progression of alumni, program diversity and a school's track record in producing new ideas in management
--------------------------------------------------------------
BusinessWeek '06 Rank
BusinessWeek '06 Slideshow
Financial Times '08 (PDF) (Interactive)
US News&World Report 2009
Economist 2008 Rankings
------Wall Street Journal Rankings--------------------
WSJ 2006(US)
WSJ 2006(International)
WSJ 2006(Academic Discipline)
WSJ 2006(Women)
WSJ 2006(Ethics)
WSJ 2006(Minorities)
WSJ 2006(Industry)
--------------------------------------------------------------
Forbes Rankings 05' Results - 07' Results
MBAINFO.com Rankings
Beyond Grey Pinstripes 2009
DTU Research per School
B-School Research Rankings
--------------------------------------------------------------
Financial Times E-MBA Rankings '06 PDF
BusinessWeek E-MBA Rankings '05
Money's top 100 MBA Employers '06
US News Category Ranks '06
Financial Times Category Ranks
--------------------------------------------------------------
Asia B-School Rank 2000
Australian 2005 Financial Review
German B-School Rank
Computerworld top techno MBA Survey
Consus Group B-School Rankings
Entrepreneur.com top 100 Entrepreneurial Colleges
Find MBA Rankings
International Education Commission's Top 10
Marr/Kirkwood Comparison Rankings
Official MBA Guide:MBA Program Ranking and Screening

GMAT Resources show all
GMAC-Register for GMAT
---------- GMAT Articles ----------------------------------
GMAT 700+ Stories(download)
Why Prepare?
About the GMAT
How someone got a 760 score
How someone got a 790 score
Mark Rice GMAT Advice
Low GMAT Success Stories

---------- GMAT Forums ----------------------------------
Beat the GMAT
GMAT Club Forum
Scoretop.com-Forum and Files!
TestMagic Forum


---------- GMAT Companies ------------------------------
Bell Curves
GMATTutor.com
GMAX Online(Online GMAT Course)
Kaplan
ManhattanReview
Manhattan GMAT
Perfect GMAT
Princeton Review
Syvum.com
Test Prep New York
Test Prep Review(Online Course)
Veritas GMAT Prep
790GMAT GMAT Guru(SF based)


---------- GMAT Self Study Guides ----------------------
Corrections to Official Guide 11th
Advanced GMAT Math Study Guide
Deltacourse
GMAT Study Strategy
Micro Edu GMAT Prep Material
Probability Review(download)
4GMAT - Math Books (India)


---------- GMAT Resource/Reference -----------------
GMAT Scratchpad
Dr Math
Dr Math-Pascal Triangle
GMAT Official Guide Question Info
HyperGrammar
Krysstal.com
Manhattan GMAT Study Guides (Dave's Pick)
Math.com (Math Skills Review)
MathGoodies.com
Merriam-Webster Online Dictionary
Texas A&M-College Algebra
The Math Page (For Basic Math Skills)
101 Basic Radical & Exponent Review


---------- GMAT Tests ------------------------------------
PowerPrep GMAT CAT (Dave's Pick)
Ascent Education
Arco
Axxent
800 Score (Dave's Pick)
English Test
GMATBuster
GMAT Cram.com
GMATExams.com
GMAT Practice Tests
Gorilla Test Prep
Manhattan GMAT Tests (Dave's Pick)
R&B Consulting Prep Software
Realtestquestions.com
ScoreTop Online Verbal-Quant Tests
TestMasters
TestPrep New York
Upstart Raising GMAT Simulator


Financing your MBA show all
Campusprogram.com
FastWeb
Finaid.com
Financial Aid Podcast
Foreign MBA.com
FreschInfo.com
Fundsnet-Search Engine
Gradloans.com
Graduate Fellowship Database
MBA.com-Loan info
MBAInfo-Article
MBAJungle-Article
Sallie Mae-MBA Loans
Studentawards.com
Tuitionpay.com
US Government's E-Scholar
MBA Admission Consultants show all
Accepted.com Forum
AdmissionConsultant.com
Brody Admissions
B-SchoolAdmission.com
Cambridge Essay Service
Clear Admit
EssayEdge.com
Essay Solutions
Expartus
Global Now
ManhattanReview
Maxx Associates
MBAdmission.com
MBA Applicant.com
MBA Apply
The MBA Exchange
MBAGameplan Article
MBAPrepAdvantage
MBA Studio
Stacy Blackman
Veritas Consulting
-------- Brazilian Admin Consultants ------------------
MBA Empresarial
-------- Commentary on Admin Consultants ----------
Why use them?
Comments about some of them
Not all Consultants are good
MBA Life show all
Chicago GSB Online Newspaper
Chicago GSB Magazine
Columbia B-School Wkly Online NewsPaper
Columbia Spectator Daily NewsPaper
Cornell Univ. Daily Sun (Main Campus)
Cornell Daily News Service Highlights
Dartmouth Online Newspaper
Tuck Today Online Happenings
Duke News & Community
HAAS Weekly
Harvard B-School Online Newspaper
Harvard Gazette Online Newspaper
Harvard Online Magazine
Kellogg Online Newspaper
News at MIT
Michigan(Ross) Newspaper
Texas McCombs Weekly
Michigan Daily Online Newspaper
Stern Online Newspaper
Stanford Online Newspaper
Stanford B-School Reporter
UCLA Qrtrly Assets Mag
Univ. Virginia Daily Online News
Wharton Online Newspaper
Yale Daily Online Newspaper
Yale Herald Online Newspaper
Blog & Other Resources show all
IQ Test
Efax.com
Bloglines
Computer Interval Clock
T-Mobile Coverage Check
Picasa
Hello.com
YouSendIt.com Send large files
Sendthisfile.com Send large files
Understanding Blog Template Code
SSI Developer - CSS
Changenotes.com-Web Monitor
Fodey.comNewspaperclip generator
MBA Related Books
Search Now:

Site Meter