DeansTalk - business management education

YPO (Young Presidents' Organization) Global Leadership Summit, Singapore, February 28, 2012

@YPO

Global · http://www.ypo.org

 

YPO Global Leadership Summit

Each year, YPO members meet with renowned speakers to discuss today’s top global issues from business to philanthropy. The next Summit is 28 February – 1 March 2012 in Singapore.

In the News

The Economist MBA Free Online Fair, Feb 6/7 - Meet business schools and make informed decisions

The Economist, Which MBA? Online Fair

Business School Admissions Needs an Overhaul - Businessweek

November 02, 2011

To diminish the role of admissions consultants, B-schools need to change the application process. For starters, they should downplay essays

GMAC Application Trends Survey

New! 2011 application trends data now available

Our latest survey delves behind the “who, what, where, and why” of applications to 650 graduate management programs for 2011 – 2012, analyzing trends in demand, applicant demographics, acceptance/enrollment rates, and incoming class sizes at 331 graduate business schools worldwide...

Accepted.com - MBA Admissions - Linda Abraham - @Accepted

blog.accepted.com/category/mba-admissions/

By Linda Abraham, president and founder of Accepted.com

Take A Tip From George Soros In Your B-School ‘Setback’ Essay

Business Insider, September 15, 2011.

The setback-failure-weakness essay is commonly asked for in MBA Admissions because it is a test of an applicant’s maturity, self-knowledge, honesty, and ability to learn from mistakes.

It is, in other words, the biggest indicator of real leadership ability and potential. Sample questions that approach this topic are:...

Why the world is queueing up to sit the MBA

The Independent, 7 August 2011

The worse the economy gets, the more popular business degrees become. By Richard Northedge

More people than ever want to study for an MBA, the course first offered by Harvard more than a 100 years ago. The London Business School has had 3,500 applications for this month’s 400 places. Demand for business courses in the UK is up by 8 per cent.

Jane Delbene, the director of marketing at the Graduate Management Admissions Council, which sets the entry tests used by many business schools, says: “There’s an inverse relationship to the economy. When the economy’s down, people decide they want to go to business school.” ...

Variety is the spice of MBA life - Financial Times

Article of July 25, 2011, By Della Bradshaw and Michael Jacobs

The financial crisis, which threw the spotlight on MBA programmes and graduates, combined with the management needs of a new breed of industries, mean that business schools are now trying to recruit a different type of student to their MBA programmes. This is particularly true at top US business schools Harvard, Wharton and Stanford. Where these schools lead, others follow...

Scrap the B-school Admissions Essay

Article of BusinessWeek, July 5, 2011.

...One of the more intriguing solutions to the essay question dilemma isn't an essay question at all, but a blank sheet of paper. In one of its three required essays, Chicago's Booth School of Business gives applicants free rein to write about anything, in keeping with the school's practice of teaching MBA students how to think, rather than what to think...

For B-School's Entrepreneurship Program, a 10 Percent Solution

Article of BusinessWeek, June 23, 2011.

Clarkson University has a new model for attracting and developing young entrepreneurs: free tuition for a stake in the company

New Must-Have App for GMAT Test Takers - John A. Bryne

Review in Poest & Quants

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Starting today (May 24), you can now download a new $4.99 app from Graduate Management Admission Council to allow you to study for the GMAT exam pretty much anywhere on the fly with your iPhone, iPod Touch or IPad in hand. The app is now available at iTunes.

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All in all, it’s an invaluable tool to help prepare for the test..

B-school gender mix changing slowly

Article of BusinessWeek, May 20, 2011

After writing a story recently about the growing number of Chinese women interested in getting their MBAs, I thought it might be interesting to take a look at what is happening with female enrollment in U.S. MBA programs. The last time we wrote about the topic was back in 2009, when we highlighted some of the innovative programs business schools were running to attract more women to campus.

In the U.S., the number of women taking the GMAT has risen incrementally for the last decade, according to the Graduate Management Admission Council. There were 50,053 U.S. women who took the GMAT in 2010, a 10 percent increase from a decade ago, GMAC said...

U.S. Business Schools Get More Competition From Abroad - WSJ

Wall Street Journal, April 12, 2011

U.S. graduate business schools are losing their iron grip on the thriving market for international M.B.A. students.

At the 25 U.S. graduate-business programs that award the largest numbers of degrees to international students, applications for the 2011 fall semester declined 4%, according to a survey released Tuesday by the Council of Graduate Schools, based in Washington, D.C.

Although international applications to all American business schools rose by 4%, that figure paled in comparison to the 12% growth in international bids to U.S. programs offering degrees in engineering and physical and earth sciences, the survey said...

For MBA applicants Economy doesn't matter - mba.com - BusinessWeek

Article of BusinessWeek, March 8, 2011

The vast majority of prospective business school students said they plan to attend business school, regardless of economic conditions, according to a new survey from the Graduate Management Admission Council (GMAC) released today. The survey looked at the career aspirations and backgrounds of about 40,000 potential MBA students worldwide who registered in 2009 and 2010 on mba.com , a website run by GMAC that provides people with information on the business school application process.

The European Geographic Trend Report for GMAT® 2010 released (February 2th)

Download Geographic Trend 2010_1stRelease (PDF 38 pages) (UK(1), France(2) and Spain(3) are top in Europe for attracting MBA aspirants from around the world)

The European Geographic Trend Report for GMAT® Examinees identifies migratory trends among GMAT examinees applying to and attending graduate business school. Geographic and background data collected after each examinee completes the GMAT exam are used and combined with score-sending patterns. Together they illustrate which countries and schools are of interest to citizens of various European countries. Data from the most recent testing year are compared against data from four years prior to identify changes in examinee preferences...

European Business Schools Gain Ground

Article of The International Herald Tribune/New York Times, January 23, 2011.

Allure of business schools in Europe appears to grow

While the United States remains the top destination for aspiring business school students, institutions throughout Europe are drawing an ever-increasing number of students from both within and outside the continent, according to a new report.

The key findings from the report were issued Jan. 11 by Graduate Management News, the newsletter of the Graduate Management Admission Council...

Indian Institutes of Management (IIMs)'s Common Admission Test (CAT) results are out

CAT 2010 results for CAT 2011 admissions are out January 12, 2011.

Wikipedia: The Common Admission Test (CAT) is an all-India test conducted by the Indian Institutes of Management (IIMs) as an entrance exam for the management programes of its seven business schools. About 250,000 students took CAT in 2008 ^[1] for about 1500 seats in the IIMs. This is said to make the IIMs more selective than the Ivy League universities...

The Future of Graduate Management Education - Julia Tyler, Executive VP, Graduate Management Admission Council

With the decision now taken to increase undergraduate tuition fees, the implications for graduate management education will soon be apparent. Will postgraduate students be willing to pay the fees currently charged when also facing up to £25,000 of undergraduate debt? Will the increase of undergraduate fees impact the uptake of postgraduate qualifications? Will post graduate fees increase? Whatever the future holds, it is clear today that not only are graduate students willing to pay - they get personal returns – but the economy benefits from graduate management education as well.

The results of a recent global survey of graduate management alumni from the class of 2010 by the Graduate Management Admission Council (GMAC) clearly indicate that they place a high value on their education. By September 2010, 88 percent had a job and some three-quarters of those said they could not have obtained their job without their graduate business degree—the same proportion as the class of 2007 alumni, who entered the labour force in a booming economy.