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Business School Essays Topics

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These instructions are for the previous admission period.The topics may change.Please verify from the schools web sites

Schools Covered here:

Harvard, Wharton,Carnegie Mellon, University of Chicago, Columbia, Cornell, Dartmouth, Darden, Duke,

Emory, Georgetown, ISB, Indiana, INSEAD, Kellog, LSB, MIT, NYU, Ohio State, Purdue, Rochester, Stanford, Austin, Haas, USC, University of Michigan, UNC, UCLA, Vanderbilt, Washigton, Yale.

Harvard Business School
What are your three most substantial accomplishments and why do you view them as such? (600-word limit)
What have you learned from a mistake? (400-word limit)
Please respond to three of the following (400-word limit each):
Discuss a defining experience in your leadership development. How did this experience highlight your strengths and weaknesses?
How have you experienced culture shock?
What would you like the MBA Admissions Board to know about your undergraduate academic experience?
What is your career vision and why is this choice meaningful to you?
What global issue is most important to you and why?
What else would you like the MBA Admissions Board to understand about you?
The following question is for dual and concurrent degree candidates only:
How do you expect the joint degree experience to benefit you on both a professional and a personal level? (400-word limit)

Wharton Business School
All first-time applicants are required to complete four essays, with the option of a fifth essay that may be used to address extenuating circumstances. Re-applicants who applied for the Entering Fall 2006 or 2007 Class are to complete the re-applicant essays. All other re-applicants are to complete the first-time applicant essays.
REQUIRED:
1. Describe your career progress to date and your future short-term and long-term career goals. How do you expect a Wharton MBA to help you achieve these goals, and why is now the best time for you to join our program? (1,000 words)
2. Describe a failure or setback that you have experienced. What role did you play and what did you learn about yourself? (500 words)
3. Tell us about a situation in which you were an outsider. What did you learn from the experience? (500 words)
4. Please Complete One Of The Following Two Questions:
Where in your background would we find evidence of your leadership capacity and/or potential? (500 words)
Is there anything about your background or experience that you feel you have not had the opportunity to share with the Admissions Committee in your application? If yes, please explain. (500 words)
OPTIONAL:
5. If you feel there are extenuating circumstances of which the Committee should be aware, please explain them here (e.g., unexplained gaps in work experience, choice of recommenders, TOEFL waiver request, inconsistent or questionable academic performance, significant weaknesses in your application). (250 words)

Carnegie Mellon University – Tepper
Required Essays (Suggested length — 2 double-spaced pages per essay)
A. What are your short-term and long-term goals? How will a Tepper MBA help you to achieve these goals?
B. How will your academic and professional background, personal characteristics and life experiences contribute to the diversity of the Tepper community?

C. Please answer three of the following five questions or statements (your three answers should equal a total of two pages).
a. Describe an ethical dilemma that you have faced in your professional life, how you dealt with the situation, and what the outcome was.
b. Describe a failure or setback in your professional or academic life. How did you overcome this setback? What, if anything, would you do differently if confronted with this situation again?
c. What do you consider to be your greatest achievement and why?
d. Describe your most challenging experience while working in a group.
e. Of what skill or talent are your especially proud?

Additional Essay (Required for applicants with previous academic suspensions and/or a criminal record; optional for other applicants.)
D. Is there anything additional that you think we should know as we evaluate your application? Note: if you believe your credentials and essays represent you fairly, you should not feel obligated to answer this question. This essay is intended to provide a place for you to add information that you think is important but is not covered elsewhere in the application.

University of Chicago – GSB
Essay 1: Why are you pursuing an MBA at this point in your career? Describe your personal and professional goals and the role an MBA from the University of Chicago GSB plays in your plans to reach these goals. (1500 word maximum)
Essay 2: If you could step into someone else’s shoes for a day, who would it be and why? (500 word maximum)
Essay 3: We have asked for a great deal of information throughout this application. In this portion of the application, we invite you tell us about yourself using a non-traditional application format – a PowerPoint presentation. In four slides or less, please provide readers with content that captures who you are.
Chicago offers the following guidelines on preparing slides for Question 3:
The content is completely up to you. There is no right or wrong approach to the way you construct your slides or answer this question.
There is a strict maximum of 4 slides.
Slides will be printed and added to your file for review, therefore, flash, hyperlinks, embedded videos, music, etc. will not be viewed by the committee. You are limited to text and static images to convey your points.
Slides will be evaluated on the quality of content and ability to convey your ideas.
You are welcome to attach a word document of notes if you feel a deeper explanation of your slides is necessary.
If you do not have access to PowerPoint or a similar software application, you can contact the admissions office at admissions@chicagogsb.edu for alternative methods.
Essay 4 (Optional): If there is any important information that is relevant for your candidacy that you were unable to address elsewhere in the application, please share that information here.

Columbia
1. What are your short-term and long-term post-MBA goals? How will Columbia Business School help you achieve these goals? (Recommended 750 word limit)
For Dual Degree Applicants: Please indicate the Dual Degree programs and schools to which you applied or intend to apply. Please discuss how the Dual Degree will enhance your short-term or long-term goals, and at which school you intend to begin your studies.
2. Leading in the global economy requires enabling high performance from a diverse set of employees, colleagues and partners. Tell us about a manager you’ve observed who enabled or inspired others to do their best work and analyze how this manager did it. (Recommended 500 word limit)
3. In discussing Columbia Business School, Dean R. Glenn Hubbard remarked, “We have established the mind-set that entrepreneurship is about everything you do.” Please discuss a time in your own life when you have identified and captured an opportunity. (Recommended 500 word limit)
4. Please select and answer one of the following essay questions. (Recommended 250 word limit)
a. Please tell us what you feel most passionate about in life.
b. If you were given a free day and could spend it anywhere, in any way you choose, what would you do?
5. (Optional) Is there any further information that you wish to provide to the Admissions Committee? Please use this space to provide an explanation of any areas of concern in your academic record or your personal history.

Cornell – Johnson
To ensure the depth and dynamism of the Johnson School education, we seek to enroll a class composed of students whose insights are distinct and whose actions are penetrating. The essay portion of your application gives you the opportunity to candidly demonstrate your attributes and your compatibility with our rich and vibrant program.
1. For all MBA applicants (required) – 400 words
Describe your greatest professional achievement and how you were able to add value to your organization.
2. For all MBA applicants (required) – 400 words
What career do you plan to pursue upon completing the MBA and why? How will the Johnson School help you achieve this goal?
3. Optional Essay – 400 words
Complete this essay if there is other information you would like to add regarding your candidacy. For instance, if you believe one or more aspects of your application (e.g., undergraduate GPA or test scores) do(es) not accurately reflect your potential for success at the Johnson School.
4. Reapplicant Essay (required for reapplicants) – 400 words
Describe the measures you have taken to strengthen your application since you last applied to the Johnson School.

Dartmouth – Tuck
The recommended maximum length for each essay is 500 words.
1. Why is an MBA a critical next step toward your short- and long-term career goals? Why is Tuck the best MBA program for you? (If you are applying for a joint or dual degree, please explain how the additional degree will contribute to those goals.)
2. Tuck defines leadership as “inspiring others to strive and enabling them to accomplish great things.” We believe great things and great leadership can be accomplished in pursuit of business and societal goals. Describe a time when you exercised such leadership. Discuss the challenges you faced and the results you achieved. What characteristics helped you to be effective, and what areas do you feel you need to develop in order to be a better leader?
3. Discuss the most difficult constructive criticism or feedback you have received. How did you address it? What have you learned from it?
4. Tuck seeks candidates of various backgrounds who can bring new perspectives to our community. How will your unique personal history, values, and/or life experiences contribute to the culture at Tuck?
5. (Optional) Please provide any additional insight or information that you have not addressed elsewhere that may be helpful in reviewing your application (e.g., unusual choice of evaluators, weaknesses in academic performance, unexplained job gaps or changes, etc.). Complete this question only if you feel your candidacy is not fully represented by this application.
6. (To be completed by all reapplicants) How have you strengthened your candidacy since you last applied? Please reflect on how you have grown personally and professionally.

Darden
1. (Required) Why is an MBA a critical next step toward your short- and long-term career goals? (500 word limit)
2. (Required) Each of our applicants is unique. Describe how your background, values, education, activities and/or leadership skills will enhance the experience of other Darden students. (500 word limit)
3. (Required) Choose one of the following questions. (250 word limit)
a) What would you do if you didn’t have to work for a living?
b) Describe a significant maturing experience.
c) What have been the most satisfying aspects of your work life thus far and the most dissatisfying?
4. (Optional) If there is further information that you believe would be helpful to the Admissions Committee, please provide it below. (250 word limit)

Duke – Fuqua
Two short essay answer questions and two long essays must be completed before submitting your application. Prepare your essays carefully. The Admissions Committee considers your responses to the following questions important in the selection process. Please respond fully and concisely using 1.5 line spacing.
For the short answer questions, please restrict your response to a single page each. For the long essay questions you must answer the first question and for the second essay you may select from one of three essay options. There is no restriction on the length of your response for the two long essay questions. Applicants typically use between 500 and 750 words for long essays one and two.
Candidates who applied to Fuqua between September 2006 and April 2007 are considered reapplicants. Reapplicants are asked to complete the Reapplicant Essay in addition to the Applicant Essays.
All applicants have the opportunity to submit an optional essay to explain any extenuating circumstances of which the Admissions Committee should be aware.
Applicant Essays
Short Essays – Answer both short essay questions.
1.Why are you interested in The Duke MBA program and how will it help you achieve your goals? In answering, please also discuss your career path and state your short and long-term goals. If you are interested in the Health Sector Management concentration or a joint degree program, please address in this essay.
2. How will your background, values, and non-work related activities enhance the experience of other Duke MBA students and add value to the diverse culture we strive for at Fuqua?
Long Essays – For essay 1, please answer only one of the three essay options provided. All applicants should answer question 2.
1. Please respond fully and concisely to one of the following essay topics. Clearly identify which question you have selected.
a. To be a good team player, one needs to be an effective individual leader and vice-versa. Describe an example of where you were challenged to become a leader in a team-oriented context. What was the challenge you faced, how did you address it, and what did you take away from the experience for your future development as a leader?
b. Describe a situation in which your ability to perform ethically was challenged. What was the issue, how did you handle it, and what did you learn from it?
c. Describe a significant leadership failure in your life. What did you learn from this failure? How has it impacted who you are today and the kind of leader you would like to be?
2. How has your personal history and family background influenced your intellectual and personal development? What unique personal qualities or life experiences distinguish you from other applicants? Note: The goal of this essay is to get a sense of who you are, rather than what you have achieved professionally.
Reapplicant Essay
In addition to the Applicant Essays listed above, please answer the following question. There is no restriction on the length of your response. Re-applicants typically use between 500 and 750 words for this essay.
1. Write an essay describing how you are a stronger candidate for admission compared to the previous year’s application.

Emory- Goizueta
1. List one of your most significant professional or organizational accomplishments. Describe your precise role in this event and how it has helped to shape your management skills. Please limit your response to two, double-spaced, typed pages.
2. Please complete/address two of the following statements. Please limit each response to one, double-spaced, typed page.
A. I have always wanted to….
B. My most memorable cross-cultural experience….
C. My family background is unique because….
D. The person who has had the greatest influence on my leadership style is… because…
E. The greatest lesson I have ever learned….
F. Of Goizueta’s core values (courage, integrity, accountability, rigor, diversity, team, community), which value resonates most with you and why?
3. What do you expect to accomplish in the Goizueta Business School MBA program? How will your participation in the MBA program fit in with your experiences and responsibilities as well as your short and long-term career goals? Please limit your response to two, double-spaced, typed pages.

Georgetown – McDonough
Essay 1 (Required – limit 750 words):
a) In one or two sentences, please state your short-term and long-term career objective(s).
b) How have your prior professional, academic, and personal experiences influenced your career plans?
c) Specifically, how will your participation in Georgetown’s MBA Full-Time Program contribute to your career objectives?
Essay 2 (Required – limit 750 words):
In your own words, how do you define leadership? Please provide a specific example (professional or personal) of a time when you embodied the characteristics of a leader. Be sure to highlight the challenges you faced and the results you achieved. What areas do you wish to develop in order to become a more effective leader?
Essay 3 (Required – limit 750 words):
What is the most significant change you have made to any organization with which you have been recently affiliated? Please describe how you identified the need for change and how you managed the process of implementing change. What were the results?
JOINT DEGREE APPLICANT ESSAY – To be completed by all joint degree candidates (Limit: 250 words)
If you are applying to a joint degree program, please address how the additional degree will help you to reach your goals.
COMMUNITY CONTRIBUTIONS, PERSONAL INTERESTS, AND AFFILIATIONS (Required)
List in order of importance all community and professional organizations and extracurricular activities in which you have been involved during or after university studies. Indicate the nature of the activity or organization, dates of involvement, offices held, and average number of hours spent per month.
OPTIONAL ESSAY (Limit: 500 words)
Please feel free to provide a statement concerning any information you would like to add to your application that you have not addressed elsewhere. For example, you may comment on your academic record as an indication of your potential for graduate management education, or you may explain any gaps in your work history. If you are not submitting a letter of recommendation from your current supervisor, use this space to explain why. Similarly, if you are not currently employed full-time, use this space to provide information about your current activities.
RE-APPLICANT ESSAY – To be completed by all re-applicants (Limit: 500 words)
How have you strengthened your candidacy since you last applied? We are particularly interested in hearing about how you have grown professionally and personally. In addition, please update the Admissions Committee on your career goals and your reasons for wishing to pursue an MBA at Georgetown

Indian School of Business (ISB)

1. The ISB culture stresses on a diverse mix of students; life at the ISB is a unique experience for the students. How will your candidature contribute to this culture at the ISB? (300 words max)
2. A million dollars or knighthood: what would you choose and why? (300 words max)
3. You have a new manager who has just joined your organisation. As a part of the handover, the outgoing manager is describing each person reporting to him. How do you think the outgoing manager will describe you to the incoming manager? (300 words max)
4. (Optional) Please provide additional information, if any, that will significantly affect the consideration of your application to the ISB. Please do not repeat information which has already been stated elsewhere in the application. You may use this to clarify any breaks in education/work, inform about any other item which you think has not been covered elsewhere etc. (300 words max)

Indiana – Kelley
Maximum length: 2 double-spaced pages.
Mandatory
1. Please discuss your post-MBA short- and long-term professional goals. How will your professional experience, when combined with a Kelley MBA degree, allow you to achieve these goals?
Choose two of the next three:
2. Describe an ethical dilemma that you faced in your professional career. How was it resolved and what did you learn from the experience?
3. Suppose you had to choose three people—people alive now or people from another era—to travel with you on a cross-country automobile trip. Who would you choose and why? What would you hope to learn from them? (Think carefully about the company you want on those long stretches through Nebraska or Kansas.)
4. Describe what there is about your background and your experiences that will contribute to the diversity of the entering class and enhance the educational experience of other students.
Optional:
5. Is there anything else that you think we should know as we evaluate your application? If you believe your credentials and essays represent you fairly, you shouldn’t feel obligated to answer this question.

INSEAD
Job Essays:
1. (Required) Please give a detailed description of your job, including nature of work, major responsibilities; and, where relevant, employees under your supervision, size of budget, number of clients/products and results achieved. (250 words)
2. (Required) Please give us a full description of your career since graduating from university. If you were to remain with your present employer, what would be your next step in terms of position? (250 words)
Personal Essays:
1. (Required) Give a candid description of yourself, stressing the personal characteristics you feel to be your strengths and weaknesses and the main factors, which have influenced your personal development, giving examples when necessary. (400 words approx.)
2. (Required) Describe what you believe to be your two most substantial accomplishments to date, explaining why you view them as such. (400 words approx.)
3. (Required) Describe a situation taken from school, business, civil or military life, where you did not meet your personal objectives, and discuss briefly the effect. (250 words approx.)
4. (Required) Discuss your career goals. What skills do you expect to gain from studying at INSEAD and how will they contribute to your professional career? (500 words approx.)
5. (Required) Please choose one of the following two essay topics:
a) Have you ever experienced culture shock? What did it mean to you? (250 words approx.), or
b) What would you say to a foreigner moving to your home country? (250 words approx.)
6. (Optional) Is there anything that you have not mentioned in the above essays that you would like the Admissions Committee to know? (200 words approx.)
7. (For reapplicants) In case of reapplication, please use this page. Your essay should state any new aspects of professional, international, academic, or personal development since your last application. We would also like you to explain your motivation for re-applying to INSEAD. This essay should not exceed 400 words.

Kellogg
All applicants are required to answer questions 1, 2 and 3 in addition to 2 of the optional essays in question 4.
1. All applicants must complete A OR B as appropriate:
A. Master of Business Administration applicants only: Briefly assess your career progress to date. Elaborate on your future career plans and your motivation for pursuing a graduate degree at Kellogg (one-two pages double spaced).
B. Master of Management and Manufacturing applicants only: Briefly assess your career progress to date. How does the MMM program meet your educational needs and career goals? (1 to 2 pages double spaced).
2. Each of our applicants is unique. Describe how your background, values, academics, activities and/or leadership skill swill enhance the experience of other Kellogg students. (1 to 2 pages double spaced).
3. How have your past and current leadership experiences prepared you for Kellogg? What leadership areas are you hoping to develop through your MBA experience?
4. Applicants must answer 2 of the below essays. (Re-applicants must answer question 4D and 1 other essay).
A. Outside of work I…
B. I wish the Admissions Committee had asked me…
C. Describe the most challenging professional relationship you have faced and how you handled it.
D. (Required essay for re-applicants only)—Since your previous application, what are the steps you’ve taken to strengthen your candidacy?

London Business School
The essays are an opportunity to tell us more about yourself. Use the essays to detail your interests, values and goals. We are interested in what motivates you, evidence of leadership and team work, why you are looking to pursue an MBA at this point in your life, and what you will bring to the London Business School Community. The essays are a vital part of your application and thus we recommend that you spend a significant amount of time in their preparation.
Required Essays:
Question 1 (500 words)
In what role do you see yourself working immediately after graduation? Why? How will your past and present experiences help you achieve this? How will the London Business School MBA Programme contribute to this goal?
Question 2 (200 words)
Where do you see your career progressing five years after graduation and what is your longer term career vision?
Question 3 (500 words)
Please describe your experience of working in and leading teams, either in your professional or personal life. Given this experience, what role do you think you will play in your study group, and how do you intend to contribute to it?
Question 4 (400 words)
Student involvement is an extremely important part of the London MBA experience and this is reflected in the character of students on campus. What type of student club or campus community event do you envisage yourself leading? How would you set about becoming involved in a leadership position and how would you align and communicate the goals and vision for the club to the wider School community?
Question 5 (150 words)
Describe any significant experiences outside of your home country. What did you gain from these?
Optional Essay:
Question 6 (300 words): Is there any other information that you believe would help the MBA Admissions Committee when considering your application?

MIT – Sloan
Cover Letter
Prepare a cover letter (up to 500 words) seeking a place in the MIT Sloan MBA Program. Please comment on your career goals and those factors which influenced you to pursue an MBA education at MIT Sloan. The cover letter provides a chance for you to discuss your passions, values, and interests. Through what you write we hope to discover whether you will thrive at MIT Sloan and how you will contribute to our diverse community. Address your cover letter to Mr. Rod Garcia, Director of MBA Admissions.
Essays
For all applicants:
Use the essays to tell us more about you and how you work, think, and behave. For each essay, please provide a brief overview of the situation followed by a detailed description of your response. Include what you thought, felt, said, and did. Please select experiences or events from the past one to two years.
More than that, the essays are a chance for you to discuss your passions, values, interests, and goals. Emphasize those experiences that were most important and meaningful for you — which may not necessarily be those that were most outwardly prestigious. Be sincere and be specific. There is no one “right” kind of MIT Sloan student; in fact, MIT Sloan deliberately builds each class to unite varied strengths and perspectives. Tell us what particular experiences and expertise you will bring to the mix. The essay instructions and questions are included below.
We are interested in learning more about you and how you work, think, and act. For each essay, please provide a brief overview of the situation followed by a detailed description of your response.
For MBA and LFM applicants [LFM applicants also see Essays 5 and 6, below]:
Essay 1: Please tell us about a time when you had an impact on a group or organization. Describe in detail what you thought, felt, said, and did. (500 words or less.)
Essay 2: Please tell us about a challenging interaction you had with a person or group. Describe in detail what you thought, felt, said, and did. (500 words or less.)
Essay 3: Please tell us about a time when you defended your idea. Describe in detail what you thought, felt, said, and did. (500 words or less.)
Essay 4: Please tell us about a time when you executed a plan. Describe in detail what you thought, felt, said, and did. (500 words or less.)
For LFM Applicants only:
Essay 5: Why do you wish to pursue the LFM Program? How does this fit into your future plans? (250 words or less.)
Essay 6: Why do you wish to pursue the engineering field and specialty area you have selected? (250 words or less.)
For BEP Applicants – All applicants to BEP must answer two essay questions: Answer question A and question B or C.
A. (Required of all BEP applicants) What is your definition of success as you consider a career in the biomedical industry? Provide a brief overview of your ideal career path over the next 10-15 years as you move toward that success. Explain what you hope to have accomplished at the end of that period and how your experiences in BEP will have helped make those accomplishments possible. (500 words maximum)
B. IAnswer B or C) Describe one area of science or technology that you believe is particularly promising in terms of having an impact on the practice of medicine and affecting people’s health. What is the underlying problem, why is it significant, and what are promising solutions that might address it? (750 words max)
C. (Answer C or B) Describe one medical or healthcare problem on which you hope to make a positive impact. Explain why this problem is meaningful to you and how you hope to promote progress toward solving it. (750 words max)

NYU – Stern
The admissions committee requires three personal essays. These essays give you the opportunity to provide insight into your character, experiences and goals. Your essays should be written entirely by you. An offer of admission will be withdrawn if it is discovered that you did not write your essays.
1. Professional Aspirations
Think about the decisions you have made in your life. Describe the following (500 word maximum, double-spaced, 12-point font):
(a) What choices have you made that led you to your current position?
(b) Why pursue an MBA at this point in your life?
(c) What is your career goal upon graduation from the NYU Stern? What is your long-term career goal?
2. Fit with Stern
The NYU Stern community is one of our strongest assets. Please answer the following questions about community: (500 word maximum, double-spaced, 12-point font)
(a) What is your personal experience with the Stern community? What actions have you taken to learn more about us?
(b) How would you contribute to our community as a student?
(c) How will you benefit personally and professionally from the Stern community?
3. Personal Expression
Please describe yourself to your MBA classmates. You may use any method to convey your message (e.g. words, illustrations). Feel free to be creative.
All submissions become part of NYU Stern’s permanent records and cannot be returned for any reason. We do not recommend submitting anything that must be played or viewed electronically, that is perishable (e.g. food) or that has been worn (e.g. used clothing). If you submit a written essay, it should be 500 words maximum, double-spaced, 12-point font.
4. Additional Information (Optional):
Please provide any additional information you would like to bring to the attention of the admissions committee. This may include gaps in employment, your undergraduate record, plans to retake the GMAT or any other relevant information.
An explanation must be provided in Essay 4 if:
You have been subject to academic discipline, placed on probation or required to withdraw from any college or university.
You have ever been convicted of a crime.
You cannot provide a recommendation from your current supervisor.

Ohio State – Fisher
1. Shaping Your Vision: Every year Fisher College’s MBA program admits a select group of talented young professionals with demonstrated potential to become successful business leaders in an increasingly competitive, global environment. Briefly summarize your professional accomplishments to date. Why do you want to earn an MBA degree in general and a Fisher College MBA specifically? Include your goals post-MBA and your plan for achieving them (maximum 750 words).
2. Focusing on Leadership: Another of Fisher College’s strengths is its dedication to developing leaders. Below are 10 attributes that characterize great leaders. Please select the two criteria that best describe you, your leadership style or your leadership successes to date and provide us with concrete evidence of your accomplishments. You may submit physical objects, images, photographs or photocopies, along with brief descriptions of how the objects exemplify the leadership qualities (example: to illustrate endurance, you might share a copy of a marathon medal along with a paragraph describing your marathon experience) or you may choose to write an essay for each of the two characteristics you select, describing situations in which you exemplified these leadership traits (each with a maximum of 500 words). Please note: The Fisher College will not be responsible for returning physical objects to applicants.
Integrity
Passion
Empathy
Vision
Curiosity
Self-awareness
Endurance
Communication and inter-personal skills
Creativity
Global awareness
3. Discovering You: As a Fisher College MBA student you get the best of both worlds: the up close and personal feel of a small program combined with the resources and opportunities offered by a major research university. You as an individual participant will play a key role in shaping our culture. For this reason, we would like to learn more about who you are and what unique characteristics you will contribute to the Fisher College community. Provide an honest description of yourself outside your professional context, stressing the personal characteristics you sense to be your strengths and weaknesses and the factors that have most influenced your development to date (maximum 750 words).

Purdue – Krannert
A. Discuss your long- and short-term career goals, how these goals developed, and what you hope to gain from graduate study at Krannert. Limit your response to no more than 500 words.
B. The Krannert community is comprised of a diverse student body. Describe an aspect of your personality, things you have learned, skills you have acquired, or life experiences you’ve had that could benefit potential classmates and will help you contribute to Krannert’s diversity. Limit your response to no more than 500 words.
C. In 100 words or less, describe a character-building event or situation in which your involvement made a significant difference.

Rochester – Simon
Please limit each response to no more than 500 words.
1. Describe your post-MBA or post-MS career plans. How does your past education and experience support your career objectives? What aspects of the Simon School program make it a good choice for your graduate study?
2. Discuss three accomplishments which demonstrate your potential as a successful leader.
3. Answer one of the following questions:
Cite and explain a specific situation in which you demonstrated initiative.
Describe a failure or setback that you have experienced. How did you overcome this setback? What, if anything, would you do differently if confronted with this situation again?
4. (Optional) Share any information that you think is important in the evaluation of your application, including any concerns you think the Admissions Committee may have regarding your application

Stanford
We read the essays to get to know you as a person and to learn about the ideas and interests that motivate you. Because we want to discover who you actually are, resist the urge to “package” yourself in order to come across in a way you think Stanford wants. Such attempts simply blur our understanding of who you are and what you can accomplish.
In other parts of the application, we learn about your academic and professional accomplishments (i.e., what you have done). Through your personal essays, we learn more about the person behind the achievements (i.e., who you are).
We want to hear your genuine voice throughout the essays that you write. Truly, the most impressive essays are those that do not begin with the goal of impressing us.
This is the time to think carefully about your values, your passions, your hopes and dreams. In your short answer responses, we learn more about the experiences that have shaped your attitudes, behaviors, and aspirations.
Your answers to all 3 questions may not exceed a total of 7 printed pages, double-spaced, using a size 12 font.
Essay A: What matters most to you, and why? (Recommended length is 3 pages, double-spaced, using 12 point font)
Essay B: What are your career aspirations? How will your education at Stanford help you achieve them? As a Stanford MBA student, you will be assigned a team of advisors who will guide both your academic experience and your personal development. Your team will include a faculty advisor, a career counselor, and a leadership coach. Use Essay B to help you prepare for your first conversations with these mentors. (Recommended length is 2 pages, double-spaced, using 12 point font)
Essay C: Short Essays—Options 1-4
Answer 2 of the questions listed below. In answering both questions in Essay C, tell us not only what you did, but also how you did it. Tell us the outcome and describe how people responded. Describe only experiences that have occurred during the last three years.
Option 1: Tell us about a time when you empowered others. (Recommended length is 1 page, double-spaced, using 12 point font)
Option 2: Tell us about a time when you had a significant impact on a person, group or organization. (Recommended length is 1 page, double-spaced, using 12 point font)
Option 3: Tell us about a time when you tried to reach a goal or complete a task that was challenging, difficult, or frustrating. (Recommended length is 1 page, double-spaced, using 12 point font)
Option 4: Tell us about a time when you went beyond what was defined, established, or expected. (Recommended length is 1 page, double-spaced, using 12 point font)

UT Austin – McCombs
You are required to answer all three questions. The Admissions Committee is not looking for any “correct” answers to these questions; we simply want to get to know you better.
Required Essays
1. Please define your short- and long-term goals and objectives, your career progression to date, and how an MBA fits in at this time. What makes the Texas MBA the perfect fit for you? (Limit 900 words)
2. The Texas MBA is built around four key pillars of leadership. Describe an experience that you have had that clearly demonstrates your leadership as it relates to one of our four pillars: 1) Responsibility/Integrity; 2) Knowledge/Understanding; 3) Collaborative/Communication; or 4) Worldview of Business and Society. (Limit 650 words)
3. At the McCombs School of Business, you will be part of an active and diverse community. Referencing your personal strengths and unique experience, how will you enrich the McCombs community during your two years in the program? (Limit 500 words)
Optional Essay
Please provide any additional information to the Admissions Committee that will highlight your unique personality and character and/or address any areas of concern that will ultimately be beneficial to the committee in considering your application. (Limit 350 words

UC Berkeley – Haas
Essay Questions
Listed below are the short answer questions, required essays, and optional essays that you will need to provide when completing the Fall 2008 application for Haas.
Short Answer:
1. If you could have dinner with one individual in the past, present, or future, who would it be and why? (250 word maximum)
2. Tell us about your most significant accomplishment. (250 word maximum)
3. At Haas, we value innovation and creativity. Describe an innovative solution you have created to address a specific challenge. (250 word maximum)
4. What steps have you taken to learn about the Berkeley MBA program, and what factors have influenced your decision to apply? (250 word maximum)
Required Essays
1. Give us an example of a situation in which you displayed leadership. (500 word maximum)
2. What are your short-term and long-term career goals? How do your professional experiences relate to these goals? Why do you want an MBA from Berkeley at this point in your career? (1000 word maximum)
Optional Essays
1. (Optional) Please feel free to provide a statement concerning any information you would like to add to your application that you haven’t addressed elsewhere. (500 word maximum)
2. (Optional) If you wish to be considered for the Haas Achievement Award (for individuals who have achieved success in spite of significant economic, educational, health-related and/or other obstacles), please use this space to address the obstacles you have overcome. (750 word maximum)

USC – Marshall
1. Describe in a brief essay (do not exceed 250 words per section – 750 words maximum):
a) Your post-MBA short-term goals. (immediately after graduation)
b) Your post-MBA long-term goals. (3-5 years after graduation) and
c) How your professional experience, when combined with an MBA degree, allows you to achieve these goals.
2. Complete one of the following three statements (do not exceed 250 words):
a) “My most significant accomplishment to date is,” or
b) “People may be surprised to learn that I,” or
c) “I am considered a leader because.”
3. Answer two of the following questions (do not exceed 500 words per question):
a) The Marshall MBA Prime Program prepares students for doing business in a global economy. Describe a cross-cultural experience that challenged you. How did you meet this challenge and what did you learn from this experience?
b) USC has garnered national acclaim for its emphasis on community outreach and service. How have you impacted your community?
c) We all experience significant events or milestones that influence the course of our lives. Briefly describe such an event and how it affected you.
4. Optional Essay: Please add any additional information that you would like the Admissions Committee to consider in evaluating your application (do not exceed 250 words).

University of Michigan – Ross
Required Questions
Applicants must answer all 4 of the questions below.
1. Briefly describe your short-term and long-term career goals. Why is an MBA the best choice at this point in your career? What and/or who influenced your decision to apply to Ross? (500 words maximum)
2. Describe your most significant professional accomplishment. Elaborate on the leadership skills you displayed, the actions you took and the impact you had on your organization. (500 words maximum)
3. If you were not pursuing the career goals you described in Question 1, what profession would you pursue instead? (For example, teacher, musician, athlete, architect, etc.) How will this alternate interest contribute to your effectiveness in solving multidisciplinary problems? (300 words maximum)
4. Describe your experience during a challenging time in your life. Explain how you grew personally, either despite this challenge or because of it. (300 words maximum)
Optional Question
Is there anything else you think the Admissions Committee should know about you to evaluate your candidacy?
University of Michigan Ross School of Business Admission Essays
Required Questions
Applicants must answer all 4 of the questions below.
1. Briefly describe your short-term and long-term career goals. Why is an MBA the best choice at this point in your career? What and/or who influenced your decision to apply to Ross? (500 words maximum)
2. Describe your most significant professional accomplishment. Elaborate on the leadership skills you displayed, the actions you took and the impact you had on your organization. (500 words maximum)
3. If you were not pursuing the career goals you described in Question 1, what profession would you pursue instead? (For example, teacher, musician, athlete, architect, etc.) How will this alternate interest contribute to your effectiveness in solving multidisciplinary problems? (300 words maximum)
4. Describe your experience during a challenging time in your life. Explain how you grew personally, either despite this challenge or because of it. (300 words maximum)
Optional Question
Is there anything else you think the Admissions Committee should know about you to evaluate your candidacy?

UNC Kenan – Flagler
Questions 1 and 2 are required of all applicants. Questions 3 and 4 are optional.
Essay One (Required)
Describe your career progression to date, highlighting leadership and management positions and reasons for changing jobs or career paths, if applicable. Tell us how your experience, coupled with an MBA degree from UNC, will lead you to your short-term and long-term career goals. (1200 words maximum)
Essay Two (Required)
Describe the major obstacles or challenges you have faced in pursuit of your goals. Tell us how you addressed these challenges and how they have shaped you. (800 words maximum)
Essay Three (Optional)
Tell us about any international experience you have, either living or working abroad. Tell us how it has impacted your global perspective. (400 words maximum)
Essay Four (Optional)
UNC Kenan-Flagler seeks to enroll students from a variety of undergraduate majors. Regardless of your major, we strongly recommend that all students enter the program with some background in calculus, microeconomics, statistics and financial accounting. If you have not studied one or more of these subjects in college or university, please tell us how you have developed proficiency in these areas. If you have not been exposed to one or more of these subjects, please tell us how you will prepare yourself prior to entering UNC Kenan-Flagler. (400 words maximum)

UCLA – Anderson
The Admissions Committee considers your responses to the following essay questions extremely important in the selection process. We endeavor to admit an interesting and diverse group of students who will both benefit from and contribute to UCLA Anderson. Therefore, you are encouraged to prepare your essays with great care. Any personal insights you can offer us concerning the qualities and experiences you believe distinguish you from other applicants would be especially helpful.
All applicants must answer questions 1 through 3; question 4 is optional.
1. (Required) Please provide us with a summary of your personal and family background. Include information about your parents and siblings, where you grew up, and perhaps a highlight or special memory of your youth. (Limit to 2 pages, double-spaced.)
2. (Required) Discuss a situation, preferably work related, where you have taken a significant leadership role. How does this event demonstrate your managerial potential? (Limit to 1 page, double-spaced.)
3. (Required) Discuss your career goals. Why are you seeking an MBA degree at this particular point in your career? Specifically, why are you applying to UCLA Anderson? If you are a concurrent degree applicant, please incorporate in your answer how the dual program fits your professional interests. (Limit to 2 pages, double-spaced.)
4. (Optional) Is there any other information that you believe would be helpful to the Admissions Committee in considering your application? If you feel the application already represents you well, do not feel obligated to answer this essay question.

Vanderbilt – Owen
Please respond to each question below. As a guideline, required Essays 1 and 2 should be no more than 500 words in length. Optional Essay 3 should be only as long as necessary.
1. (Required) Explain your short-term and long-term career plans as specifically as possible. When combined with a Vanderbilt MBA degree, how will your previous experiences and personal attributes enable you to pursue these goals successfully?
2. (Required) Discuss significant challenges and opportunities currently facing the industry or functional area in which you plan to work after completing your MBA degree. As a change agent and visionary leader, how would you approach these issues to have a positive impact on business and society?
3. You are strongly encouraged to provide an additional statement to clarify and explain any of the following: gaps of more than three months in full-time employment, poor academic performance, weak test scores, lack of recommendation from your current or most recent supervisor, academic misconduct, violations of the law, or anything else you think is important for the Admissions Committee to know about you that is not already addressed elsewhere in your application. (Response should be no longer than necessary.)

Washington – Olin
The purpose of these statements/essays is to help the Admissions Committee get to know you. Any information you can provide concerning those qualities and experiences that distinguish you from other applicants will be especially helpful.
1. Why are you seeking an MBA and, in particular, an MBA from Washington University? How will the MBA program support both your short-term and long-term career goals? (400 words maximum)
2. You step onto an elevator and find the president of the company that is your number one choice for a summer internship. It is a tall building – but you still have only two minutes to convince her that you possess the qualities that will make you the best candidate for the position and that Olin has fully prepared you for that internship. What will you say? (325 words maximum – for your information, 325 words is about 2 minutes of speaking)
3. Please explain how you might have an impact on the MBA Program at Washington University. In other words, what legacy will you leave behind? (300 words maximum)
4. Please provide any additional information about your application that you believe would be helpful to the Admissions Committee (optional).

Yale
The two required essays provide an opportunity for you to tell the Admissions Committee about your life, your career, and your goals. Because we are interested in learning as much as possible about you, your essays must be entirely your own work. Although you may ask others for general feedback on your essays, you may not allow anyone else to edit them for you. We suggest that anyone reviewing your essays do so without a pen in hand.
1. Why an MBA? – Please describe your short- and long-term goals and how your previous experience and an MBA will help you to achieve these goals. (500 words maximum)
2. Personal Statement – Please develop a question/topic of your choice and answer it in essay form. Please state the question/topic at the beginning of your essay. (500 words maximum)
Some example questions/topics include:
Describe a situation in which your leadership and/or teamwork had a significant impact.
What personal achievement are you most proud of and why?
What activities/interests do you enjoy outside the office and/or classroom and how would you integrate these activities/interests into the Yale SOM community?
What is the most difficult feedback that you have received and how did you address it?
Where is the most exciting place you have ever been and what did you learn from being there?
Describe a situation where you questioned your values and/or beliefs.
What does accountability mean to you?
If you are reapplying: How has your candidacy changed since your last application?
Optional Essay
If any aspect of your candidacy needs further explanation, please provide any additional information that you would like the Admissions Committee to consider. (200 words maximum)

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MBA DEADLINES

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Bschooltalk – informative Podcast

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BSchool Talk is a weekly show and video podcast produced by For Your Imagination, Vault.com, and a select group of business school insiders ranging from admissions directors, test preppers and the premier MBA event organizers.

For viewing the videos go here Bschooltalk

The following topics have been covered till now:

GMAT as an Indicator
Student Attributes
Favorite Application Essay
Advice to Applicants
“Must Have” Professors
Reasons for Rejection
Campus Visit
Interview Tips
Important Factors
Recommendation Letters
Community Service
Wait List
Welcome Events
Blowing the Interview
Factors That Determine Fit
Choosing an MBA
Choosing a Career Path
Extra-Curricular Activities
Alternate Funding
Flexible Career Goals
Applicant Appeal
Restructuring Essays When Reapplying
Special Considerations
Undergraduate Students in Engineering

Experts from the following schools have provided their commentary
American University
Bordeaux
Boston University
Baruch College
Cornell University
Dartmouth University
Emory University
Fairleigh Dickinson University
Fordham Business
Freeman School of Business
Georgia Tech
Gonzaga University
Georgetown
Hult International Business School
John Hopkins University
NYU Stern School of Business
Northeastern University
Rutgers Business School
Stockholm School of Economics
Tulane University
University College for the Creative Arts
Univerity of Southern California
UCLA
University of British Columbia
University of Connecticut
University of Miami
University of Pennsylvania
University of Texas at Austin
University of Virginia
University of Maryland
Virginia Tech
Vanderbilt University
Wake Forest University
Wharton School

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Are Green-Horn Applicants Acceptable by Business Schools?

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No. Decrease No Changefromprevious year Increase % admitted
2006 with one year or less experience
1 X Kellogg X 0
2 X NYU Stern X 0
3 X Texas X 0
4 X Chicago x 1
5 X Wharton x 1
6 X Georgetown x 1
7 X Michigan x 2
8 X UCLA x 3
9 X Stanford x 3
10 X Indiana x 7
11 X CMU Tepper x 10
12 Tuck X x 0
13 USC X x 0
14 Maryland X x 4
15 Notre Dame X x 8
16 Cornell X x 3
17 Purdue X x 13
18 Rochester X x 13
19 X X Darden 1
20 X X Emory 2
21 X X Columbia 3
22 X X Michigan State 6
23 X X Vanderbilt 9
24 X X WashingtonOlin 10

Source Business Week

Note: Harvard,Yale and Sloan did not provide the statistics.

Conclusion : Only four schools inducted a significant ( 10%) percentage of younger applicants.In fact seven schools reduced intake of raw without experience applicants.Young applicants are still not being welcomed by most top schools.

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Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

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MBA DEADLINES

Canadian MBA

Top Information Technology – MBA Schools in USA

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Five best IT schools in USA that offer MBA programs as well as excellent undergraduate programs are

1. MIT Sloan – MIT Sloan offers excellent opportunities for undergraduates to become involved in research project

2.Carnegie Mellon –  Tepper is known for their wide range of business specializations including their information technology program.

3.University of Texas at Austin – McCombs provides undergraduates an excellent business-learning environment. .

4.Stanford – School of Business  uses hands-on and group classrooms to give students the opportunity to get involved. 

5.University of California,Berkeley- The Haas School of Business is one of the most esteemed business schools in USA

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Base salary MBA candidates expect to earn-2006

HIT THE HEADER IF YOU ARE UNABLE TO SEE A TABLE

Expected Salary first
job after graduation $
Industry Expected
Salary five
years after
graduation $
103,27498,088

97,563

95,971

95,726

95,342

93,155

92,838

92,809

92,733

91,531

91,432

91,426

90,752

90,220

89,500

89,097

89,043

88,919

88,424

88,326

88,200

87,763

87,743

87,046

87,012

86,962

86,871

86,684

86,667

86,100

85,724

85,592

85,289

85,266

85,178

84,908

84,339

84,027

83,180

82,130

81,394

79,908

79,804

56,531

88,087

Venture capitalInvestment management

Management consulting

Internet/e-commerce

Investment banking

Computer software

Financial services

Energy/power

Biotechnology

Telecommunications

Hospitality

Healthcare/pharmaceutical

Real estate

Computer hardware

Healthcare

Metals

Other

Electronics

Chemical/petroleum

IT consulting

Food service

Utilities

Airline/travel

Academic research

Automotive

Consumer goods

Hotel/restaurant/tourism

Retail/fashion/apparel

Engineering/manufacturing

Forestry/paper/pulp

Entertainment/media/public relations

Network communications/data networking

Insurance

Commercial banking

Government/public service

Engineering consulting

Aerospace/defense

Non-profit

Environmental/conservation

Transportation/distribution/logistics

Agricultural

Construction

Education/teaching

Advertising/public relations

Auditing/accounting/taxation

Average

234,344225,254

195,341

177,324

239,336

173,842

194,733

168,435

160,629

178,493

172,188

158,157

183,755

144,504

159,541

186,800

157,480

144,281

152,453

154,208

176,075

160,385

166,835

173,456

144,606

143,776

143,228

155,552

142,374

139,444

150,435

163,069

175,938

155,832

144,882

133,378

142,212

138,309

130,342

143,083

144,545

141,563

139,554

126,402

92,000

167,052

CNN MONEY

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WSJ Rankings Comparison of Top Business Schools

To see a table underneath hit the header

Rank School Enrollment Tuition $ Test Scores Job
Offers %
Compensation
$
1 Dartmouth College 490 42,990 710 98 100,000
2 University of Cal-Berkeley 1381 26,881* 707 95 98,977
3 Columbia University 1869 43,436 706 94 101,428
4 MIT-Sloan 781 44,566 702 97.7 101,988
5. Carnegie Mellon 636 41,900 696 96.4 93,479
6. University Of NC-Chapel Hill 888 18,375* 664 92.8 90,044
7. University of Michigan 1745 39,800 701 91 93,474
8 Yale 469 42,000 701 95 92,213
9 University of Chicago 3180 44,500 703 97.3 98,289
10 University of Virginia 702 37,000 677 95 95,704

EXPLANTIONS

Enrollment : Number of full time students.

Tuition : Annual tuition and fee 2006-2007. *In-state tuition shown for public schools.

Test Scores : Mean GMAT of accepted students

Job Offers : percentage of job-seeking full time graduates who received prior to or within three months after graduation.

Compensation : Average starting salary of full time graduates who accepted employment.

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Canadian MBA

Doctorate Degree Programs focused on Quantitative Finance / Derivatives

Hit the header if you cannot see a table

  School Program  Specialization Location
1. Berkeley – Haas School  PhD Finance   Berkeley,CA
2. Boston College – Carroll School  PhD Finance  Econometrics Chestnut Hill, MA
3. Boston University   PhD Mathematical Finance Boston, MA
4. Carnegie Mellon    PhD Mathematical Finance Stochastics, Financial Economics Pittsburgh, PA
5. Claremont Graduate University – Drucker School PhD Financial Engineering   Claremont, CA
6. Cornell University     PhD Operations Research   Ithaca, NY
7. Florida State University         PhD Financial Mathematics   Tallahassee, FL
8. Illinois Institute of Technology – Stuart School  PhD Management Science     Derivatives, Corporate Finance, Investments Chicago, IL
9. Purdue University     PhD Mathematics with Focus on Computational Finance      West Lafayette, IN
10. Rutgers University         PhD Finance   Newark, NJ
11. Stanford University      PhD  Finance Dynamic Asset Pricing     Stanford, CA
12. Stanford University  PhD Statistics     Financial Mathematics Stanford, CA
13. University of Arizona – Eller       PhD Management with Concentration in Finance    Tucson, AZ
14. University of Alabama – Culverhouse   PhD Finance   Tuscaloosa, AL
15. University of Houston – Bauer School PhD Finance Fixed Income, Derivatives, Quants Houston, TX
16. University of Nebraska Lincoln   PhD Business Administration       Econometrics Lincoln, NB
17. University of Chicago  PhD Finance       Chicago, IL
18. University of Florida   PhD Quantitative Finance     
19. University of Pennsylvania – Wharton School   PhD Finance     
20. Vanderbilt University – Owen School  PhD Finance   Derivatives, Statistics, Differential Mathematics  

Recruiters’ Top MBA Schools

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Extract of the article by Ronald Alsop published in Wall Street Journal (WSJ)
NATIONAL RANKING
Dartmouth’s Tuck School of Business in Hanover, N.H.
Tuck received its highest ratings this year for its “well-rounded” students, their personal integrity, interpersonal and communication skills, and teamwork abilities.

University of Michigan

Michigan had rivaled Tuck with its consistently strong showing in the survey in previous years, but some recruiters now complain about both the students and the career-services office. One survey respondent said more Michigan students are demonstrating a “what’s in it for me?” attitude.

“Students weren’t as prepared for interviews and were somewhat more arrogant than in the past,” says David Gallon, a survey respondent and senior strategic research consultant, truck and SUV, for Toyota Motor Corp. in Torrance, Calif.

Northwestern University

Northwestern University is another school that tumbled in the 2007 ranking — to 12th place from sixth — after a number of years near the top of the ranking. Recruiters said they were displeased with the pompous attitudes of some students at Northwestern’s Kellogg School of Management. Some students also proved disappointing in their financial knowledge.
The Sloan School of Management at the Massachusetts Institute of Technology

Sloan made a notable gain in the ranking, jumping six places to No. 4. It also moved up three places in the International ranking, to No. 5. Recruiters gave MIT its highest marks for students’ analytical skills and work ethic, and named it more than any other school for excellence in teaching information technology and operations management.

Anderson School of Management – UCLA

Anderson School rose to No. 15 after three straight years in the cellar. Recruiters said they are most impressed for its diversity and energy and for students’ strong leadership, interpersonal and teamwork skills.

Harvard University and Stanford University

Two schools that typically rank low despite reputations for academic excellence — again were criticized for what recruiters said were their students’ inflated egos and excessive expectations. Nevertheless, their graduates still end up landing some of the highest paying jobs.

REGIONAL RANKING

Brigham Young, in Provo, Utah

Year in and year out, recruiters rave about graduates’ maturity, competitive drive, integrity and international experience, especially from their missionary work for the Church of Jesus Christ of Latter-day Saints.
Academically, the Marriott School receives high marks in the Journal survey for its accounting program. Some recruiters also are finding that more Brigham Young M.B.A.s make a good fit for investment banking. “BYU has put much more emphasis in preparing their students for investment banking,” says Steven Potter, a survey respondent and managing director at Banc of America Securities in New York. “At both the B.A. and M.B.A. levels, they have had outside firms come to the school to give a course on valuation techniques that is much more practical than theoretical.”

Thunderbird School of Global Management

Last year’s top-rated Regional school, experienced quite a turnabout, slipping 10 spots in 2007. Recruiters said the school produces some stars but that it admits too many students who lack enough work experience. Survey respondents also were critical of the many international students with weak communication skills and the need for visa sponsorships to work in the U.S.
“Thunderbird attracts good students who want ex-pat careers, but also average students who can afford the steep price and want to ride Thunderbird’s above-average reputation,” says Tom Kondo, a survey respondent and human resources manager for L’Oréal Paris in New York. “Often times, the average students will claim interest in international or ex-pat careers, but don’t really have the skills or desire to follow through. When we interview there, we always have to weed these students out.” Recruiters said they still consider it the top school in the world for teaching about international business.

Among the biggest gainers this year were three Boston-area schools: Boston University, Boston College and Babson College. Babson placed highest of the three at No. 21, up 14 spots from last year.

Three new schools broke into the top 10: Indiana University, the University of Florida and Emory University. Indiana jumped 10 places to No. 5 this year, as recruiters noted that students are more polished and sharper, especially in their marketing skills, and that the career-services office has become more responsive. The survey respondents awarded Indiana higher scores this year for incorporating experiential learning into the curriculum, faculty expertise and course content, and overall recruiting value.

INTERNATIONAL RANKING
ESADE and Switzerland’s International Institute for Management Development (IMD) held on to first and second place again this year, while No. 3 London Business School and No. 4 IPADE Business School in Mexico swapped places.
This year, ESADE was rated highest for students’ personal integrity, their teamwork abilities and the career-services office.

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Blog Posts About This Topic

Getting into a Top MBA Program « AdmissonSync as quoted by WSJ

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"Outlook" Ranking of Indian B-Schools 2007

outloocover September 2007

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Ranking School
1 IIM A
2 IIM B
3 IIM C
4 IIM L
5 XLRI
6 MDI
7 SP Jain
8 NITIE
9 IIM I
10 NMIMS
11 IMT Gaziabad
12 IIM Khozikhode
13 IIFT Delhi
14 ICFAI Hyderabad
15 XIM B
16 SJSOM
17 IMI Delhi
18 IRMA
19 TAPMI
20 Symbiosis CHRD
21 IFMR Chennai
22 ALLAINCE
23 IIFM Bhopal
24 BIMTECH Noida
25 MANAGE Hyderabad
26 IHMR Jaipur
27 BIM Trichy
28 INST of PUBLIC Ent Hyd
29 IIMM Pune
30 IISWBM Kolkatta
31 SOMAIYA
32 NIRMA
33 GIM
34 LBSIM Delhi
35 LIBA Chennai
36 SIES Navi Mumbai
37 IMT Nagpur
38 PSG Coimbatore
39 College of Agri Pantnagar
40 CHRIST Bangalore
41 AMRITA
42 NIILM Delhi
43 ITM Navi Mumbai
44 DMS Dhanbad
45 IFIM Bangalore
46 IMS Ghaziabad
47 SCMS Cochin
48 JAIPURIA Lucknow
49 ICFAI Mumbai
50 RAJAGIRI  Cochin

Note: Some Schools like ISB,Hyderabad are not included in this list as they offer one year management program

Getting into a Top MBA Program

Why a Top MBA?

Unlike graduates of medical schools and law schools, there is no licensing exam required to practice business in the United States. In addition, the quality of accredited schools offering MBA degrees varies tremendously. This is a degree you can obtain part-time in 4 years, in an executive program in 1 year, via correspondence courses, and from schools with near 100% acceptance rates.

As a result, the value of your MBA degree is directly related to the prestige of the university and business school which grants it. A recent study of the value of MBA programs concluded that “if you don’t get into a leading business school, the economic value of the degree is really quite limited.” The study examined consultants at McKinsey & Company and investment bankers at Goldman, Sachs & Co. and found that those without MBA’s performed as well, or better, than business school graduates. The fallacy of the study was that it did not recognize that it is much harder to get such a job without an MBA degree. Intellectual horsepower and potential – rather than business knowledge – is the primary criterion top consulting firms and investment banks look for. If someone possesses a Ph.D. in economics from MIT or a JD from Harvard – quite common at such firms – then that obviously serves as a more than adequate intellectual proxy for even a top two-year MBA.

The required curriculum at most business schools consists of courses such as finance, accounting, statistics, organizational behavior, strategy, economics, communications and technology. Schools may have a larger or smaller set of “core” courses, and many give these subjects different names. But overall, MBA programs have more similarities with one another than they do differences, and most of the same subjects are taught from the same textbooks, using many of the same cases.

Thus, the academic content of a business school education – much like a law school or medical school education – does not vary greatly between programs. But due to the tremendous variation in the standards of institutions conferring the degree, an MBA has the most value in the marketplace when it is from a school that is highly respected. In addition, the lifelong professional network which comes from going to business school is more valuable when it is from a school where graduates typically go on to the most successful careers.

Ranking the Rankings

There is no other academic degree which is ranked and analyzed by so many publications and organizations as the MBA. While the general public and the business world have intuitive ideas of which the most famous and prestigious programs are, many of these rankings have highlighted improvements in other programs and presented them as viable competitors. Nonetheless, the traditional top schools perform the best across the best-regarded rankings.

US News and BusinessWeek

US News & World Report and BusinessWeek are the most well-known and respected MBA rankings, and have each been published for more than 10 years. New rankings from the Financial Times, Forbes, the Economist and the Wall Street Journal have come out in the last few years. Each ranking has strengths and weaknesses.

US News is generally considered the best ranking for prospective MBA applicants, as their system is the most transparent, and their rankings always come closest to peoples’ common sense perception of relative prestige. This is no accident, since their ranking heavily favors “peer assessment”, which is essentially “prestige”, as one of their key factors. There are three schools which have been ranked #1 by US News in the past ten years – the Stanford Graduate School of Business, Harvard Business School, and the MIT Sloan School of Management.

BusinessWeek is considered the next most useful ranking for applicants, since they collect a great deal of data and weight their ranking toward student feedback. Yet, none of Harvard, Stanford or MIT has ever been ranked #1 by BusinessWeek. Instead, the only schools to achieve the top position in their ranking are the Wharton School of the University of Pennsylvania, and the Kellogg School of Management at Northwestern University.

Business School Highest Ranking in US News Highest Ranking in BusinessWeek
Harvard Business School

1

3

Stanford Graduate School of Business

1

4

MIT Sloan School of Management

1

4

Wharton School, University of Pennsylvania

2

1

Kellogg School of Management, Northwestern University

3

1

Outside of these five schools, no other school has ever been ranked #1 in either of these rankings. BusinessWeek displays some variation, but has generally had each of these schools in or near the top 5. In US News, they have consistently been the top five schools every year the ranking has been published.

Other Rankings

The newer rankings, The Financial Times, Forbes, and the Wall Street Journal, are essentially specialty rankings which weight specifically chosen criteria very heavily to produce different results. The end results have some similarities with US News and BusinessWeek, but also produce many curious outcomes for individual schools and are more useful for the data they collect than the rankings they produce. A summary of the methodology issues with these rankings:

Ranking Methodology Problems
Financial Times Focuses on self-reported salary data several years post-graduation Unreliable and incomplete data: self-reporting bias
Forbes Focuses on self-reported salary data several years post-graduation; focuses on ROI Unreliable and incomplete data: self-reporting bias; penalizes schools with high entering salaries (inversely correlates program quality and applicant salary)
Wall Street Journal Based entirely on recruiter satisfaction Recruiters who tend to be unsuccessful at attracting interest from students at top schools tend to give those schools poor marks (inversely correlates program quality and graduate choices)

These methodology problems produce some questionable results, such as the Wall Street Journal ranking Stanford outside of the top 40, Forbes ranking MIT Sloan outside the top 15, and the Financial Times ranking Yale and NYU ahead of Kellogg. As such, the top business schools don’t pay as much attention to these rankings. Stanford’s dean even commented, quite justifiably, that doing poorly in the Wall Street Journal ranking was probably a better indicator of the quality of a program than doing well!

The Top Programs

Harvard, Stanford, MIT Sloan, Kellogg and Wharton stand out consistently amongst their peers, and have historically been considered the most prestigious MBA programs. They are also considered the best programs today. Two other notable programs are the University of Chicago and Columbia Business School. In fact, the deans of Harvard, Kellogg, MIT Sloan, Stanford, Wharton, Columbia and Chicago, meet regularly to share benchmarking information, and generally consider each other to be peer schools.

The reason that Columbia and Chicago are generally considered just below the other five is because they carry somewhat less prestige, as reflected in a couple of key statistics. Columbia used to have a 46% acceptance rate as recently as 10 years ago, far higher than any other top school, admitting nearly half of all applicants. Meanwhile, Chicago consistently has a much higher acceptance rate than any other top school (above 25-30%) and through much of the last 10 years maintained a 50% yield – in other words, nearly half of the people offered admission to Chicago choose not to attend. Nonetheless, these two schools are considered among the most prestigious after the top 5, and are even ranked in the top 5 in some finance-heavy rankings. Siebel’s “Siebel Scholars” program recognizes the top MBA students in the United States by awarding $25000 scholarships to the top five students at each of Harvard, Stanford, Sloan, Wharton, Kellogg and Chicago.

After these seven schools, other well known and highly regarded programs include:

  • Tuck School of Business, Dartmouth College
  • Haas School of Business, University of California-Berkeley
  • Yale School of Management
  • NYU Stern School of Business
  • Ross School of Business, University of Michigan
  • Anderson School of Business, UCLA
  • Darden School of Business, University of Virginia

Collectively, there are about 15 schools in the United States with a claim to “top 10 status” in one area or another.

Additional Statistics

Top MBA programs by subject area – one of the best ways to think about the top five MBA programs is to consider that they are all excellent in nearly every discipline, but are #1 in different specific subject areas:

Business School US News #1 in 2006 for… BusinessWeek “top-rated” in 2005 for…
Harvard Business School – Management – Finance
– Management
– Entrepreneurship
Stanford Graduate School of Business – N/A – Management
– Entrepreneurship
MIT Sloan School of Management – Information Systems
– Production/Operations
– Supply Chain/Logistics
– Finance
– Management
– Marketing
– Entrepreneurship
Wharton School, University of Pennsylvania – Finance
– Accounting
– Finance
– Management
– Marketing
– Entrepreneurship
Kellogg School of Management, Northwestern University – Marketing – Management
– Marketing

Yield – that is, the % of students who accept offers of admission. While some less prestigious programs may have high yields because of a highly targeted audience, the top programs are certainly competing with one another for many of the same students. In other words, the typical explanation for someone turning down an offer of admission at one top business school is because they accepted the offer of a school they would rather attend. Since top candidates receive more offers of admission, their choice of program is a factor which can be used to gauge the quality of each program. The yields of the top schools (2004 figures) are:

School Name

Yield

Acceptance Rate

1

Harvard

85%

12%

2

Stanford

83%

9%

3

MIT Sloan

75%

18%

3

Wharton

75%

15%

5

Columbia

71%

13%

6

Kellogg

66%

16%

7

Chicago

58%

28%

Endowment – this is kind of like the market capitalization of a business school, in a somewhat silly way. If a school has many graduates who have gone on to become very wealthy, it should have a lot of money in its endowment fund. If the school is well-managed, that fund should grow and help it attract more successful students. These are the top 10 schools by endowment (BusinessWeek, 2001):

School Name

Endowment ($ millions)

Endowment per student ($ 000)

1

Harvard

1100

628

2

MIT Sloan

402

560

3

Stanford

387

530

4

Kellogg

380

152

5

Wharton

338

216

6

Michigan

267

138

7

Darden

255

523

7

Yale

255

607

9

Chicago

207

87

10

Tuck

167

420

The reason the per-capita endowment figures for schools like Chicago and Kellogg are so low is because they spread their resources amongst a large number of full-time and part-time students. Harvard, MIT, Stanford and Wharton do not have part-time programs.

Famous Alumni – so who goes on to fame and fortune with an MBA degree? Besides George W. Bush, the nation’s first MBA president (Harvard ’75), the most prominent MBA’s are CEO’s of the world’s largest companies. MBA Jungle analyzed the Fortune 200 to see where their CEO’s went to school. The list, once again, has the top schools well-represented, and shows Harvard’s strength historically:

School Name

# of Fortune 200 CEO’s

1

Harvard

20

2

MIT Sloan

5

3

Stanford

4

3

Columbia

4

3

Chicago

4

6

NYU Stern

3

7

Kellogg

2

7

Darden

2

7

Goizueta

2

7

Indiana

2

7

Texas

2

In the past 100 years, Harvard has been the most popular destination for those interested in an MBA. Of course, the MBA was a completely different animal just 20 years ago. Back then, most students went directly out of college, and the competition and prestige were nothing like it is today. It is worth noting that only 79 CEO’s in the Fortune 200 had MBA degrees at all – but the MBA accounted for more than two-thirds of all graduate degrees held by these CEO’s. Although Wharton only had 1 CEO in the Fortune 200, they have historically had more, and this particular ranking is always in a state of flux.

The rest of this document will focus on the top 5 programs, but the same principles apply to the admissions process at most top 10 or top 20 programs.

Keys to Admission

Your GMAT score, undergraduate GPA, and the number of years of work experience you possess are the primary quantitative indicators used by business school admissions committees. Here is how the top 5 schools stack up on those measures:

Business School

Median GMAT

Median GPA

Mean Work Experience (Years)

Stanford

710

3.5

4.0

MIT Sloan

700

3.4

5.3

Harvard

700

3.6

4.4

Wharton

710

3.5

5.8

Kellogg

700

3.4

5.2

As of this writing, this means that more than half of all students attending these schools scored in the top 5% of all GMAT test takers worldwide. It also means that somewhat less than half did not. The GMAT is the primary indicator of raw intellectual ability considered by admissions committees, since it is standardized, and offers an objective – albeit incomplete – measure of ability between students from different colleges and majors. If you are lower than your target school’s average on any of these measures, it should be compensated by all of the other areas. In other words, if you expect to get in to Wharton with only 2 years of full-time work experience, you should have a very high GMAT score and GPA amongst other things.

Retaking the GMAT – this is only useful if your highest score is below your target school’s median. Retaking the GMAT to get a 730 when you already have a 710 is reasonably meaningless and shows you to be focused on the wrong things. Of course, getting a 720 after previously scoring a 670 may greatly help your candidacy. While most schools say you can take the GMAT as many times as you want, you should never take the test without proper preparation, as the entire process can be quite arduous. Prepare by taking practice tests – particularly CAT simulations – and if you find that you are not scoring 700+ with regularity, you should consider taking a course to prepare.

Although admissions committees at top schools say that a low GMAT score won’t keep you out, those who get in with scores in the low 600’s are almost certainly exceptional cases. If you are the average candidate without any internationally impressive accomplishments, a low GMAT score almost guarantees you a dreaded “ding” letter. On the other hand, for the candidate who is average in all other respects, a 790 isn’t much different from a 740 from the school’s point of view. Most schools will admit two otherwise similar candidates with disparate but high GMAT scores based on characteristics other than the GMAT. As for the people who get in with scores from 650 to 700, admissions can be frustratingly random – even more so than for everyone else.

While the overall GMAT score is what will be counted most heavily, the quantitative score is more important for applicants with non-technical backgrounds while the verbal score is examined more closely for applicants from foreign countries and those with science or engineering degrees. Schools are merely looking for the assurance that a candidate will be able to both crunch numbers and communicate well. Assuming that the overall GMAT score is alright, only a seriously low score on the section that will be examined most closely for a given candidate would be a liability. For example, if you are a native english speaker and have good grades from an Ivy League college in Literature, they probably won’t be too concerned about a low score on the verbal section, and just consider it an aberration. However, a low score on the quantitative section – regardless of how strong your combined GMAT score is – could be a major liability. The AWA score is not important for most applicants, and is not factored into the overall GMAT score anyway. In some cases, the actual text of the AWA section might be compared to an applicant’s essays if the schools are skeptical about either’s authenticity.

How the GPA is evaluated – top business schools are not as focused on undergraduate grades as other professional programs. If you have a 99th percentile LSAT score, and a 4.0 GPA in Political Science from Princeton, you will almost definitely get into Yale Law School. If you score 9.2 on the MCAT and graduate with a 3.4 in music, you will almost definitely not get into Johns Hopkins Medical School. On the other hand, if you graduate first in your class in finance at NYU, get a 780 on the GMAT, and work at Boston Consulting Group for three years, the admissions committee at Stanford Business School could decide they’ve already let in enough people like you, and the spot could go to someone with a 3.2 GPA in English who worked in a NGO in Africa. The bottom line is that if you are still in school, you should try to get the very best grades you can, but afterwards you just have to live with them. If you did poorly in undergraduate, good graduate degree grades help offset the impression that you’re incapable of getting good grades, but they don’t undo the damage your GPA does to the school’s average. Thus, letting you in becomes a very context and timing-driven judgment call.

Essays – there are typically two to seven essay questions in each application, with between 2000 and 3000 words required in total. While the first application will take you the longest, and you can cut-and-paste many paragraphs into subsequent essays, overall the differing nature of school’s questions will require you to spend many days on each package to create a satisfactory product. The essays are your primary opportunity to convince the school to let you in. They will evaluate you on two dimensions: what you will bring to the school as an MBA student, and what you will bring to the school as an alumnus. The second criterion is obviously the most important. Schools are trying to select the applicants they believe will be the most successful in their careers based on their backgrounds and accomplishments to date. Put another way, the 10-20% of applicants who get into a top business school are the ones who least needed the top MBA degree to succeed in their careers. Ironic, but true.

Of course, most of the applicants to top schools are reasonably successful in their careers already, so your essays need to distinguish you from others in your peer group. Your peer group – those applicants who are most like you – is who you are competing against primarily. For example, any top school could fill up their entire class with analysts from consulting firms with high GMAT scores and GPA’s. But they won’t. Instead, they will have a certain number of spots for such applicants, and someone who was a sculptor would not be competing for one of those spaces. This makes some peer groups more competitive than others in any given year. Most schools will say that every candidate competes against every other candidate, and from a certain point of view this is true. Someone could be a consultant, and even though they have already let in more consultants than they would like, he could bring something so special to the class from other experiences that they decide to let him in too. But in such a situation, the candidate likely won’t get in on strong numbers alone.

Your essays also give the school a sense of your personality. They want to see how you work your argument and the reasons they should admit you into your writing – while still answering their questions directly. They want you to be able to list and explain your accomplishments without being boastful or off-topic. These are, of course, the same skills you will need to be successful in your career after graduation.

Many people have taken to using admissions and essay consultants, and most schools will tell you that they discourage this. It is our opinion that the vast majority of successful candidates do not use paid essay editing services, and the majority of those who do use such services do not get in. This makes sense, of course – the people that need those services the most are the weakest candidates, and they’re on their own when it comes to a final interview. But beyond that, admissions consultants are invariably not the kind of people that a candidate to a top school wants advice from. Most did not ever attend a top business school themselves, and those few that did were essentially not successful enough to find reasonable jobs afterwards – and thus got into the essay editing business. We encourage you to get someone else to look at your essays and make suggestions, but pick someone who isn’t being paid on the basis of how much of your time they take, or how many changes they suggest you make. Perhaps there’s nothing wrong with your essays at all!

On the other hand, you should collect as much information and advice on the admissions process as you can, but always take it with a grain of salt. An unsuccessful applicant may not always be right about why they didn’t get in, but alumni of a given school can usually give you a pretty accurate picture of what it takes to get in. Written information sources are also essential, and this guide assumes that you’ve probably already picked up Richard Montauk’s excellent book, “How to Get Into The Top MBA Programs”. Although his advice is more generic – and thus applicable to any MBA program, but not customized for the truly best programs – you need to learn everything about the process. You should use that book with this guide to tune your application for top 5 schools.

Recommendations – these are most certainly the least important part of your application, but you shouldn’t discount them. They should reinforce what their rest of your package says, and provide the opinion of a real person who knows you very well and can answer the school’s questions directly and honestly. Every school will tell you this, and you should listen. The truth is that school’s know that many applicants write their own recommendations and just get their recommenders to sign and send them.

When to apply – the earlier the better, in general. Schools have either 2 or 3 application deadlines (rounds) and round 3 is almost always incredibly difficult to get in. This is just because statistically, there are very few spots left open by the third round. While some people believe that round 2 can be best for candidates without extremely strong backgrounds, it’s our belief that the first round is the best if you can get your application up to a desirable standard of quality in time.

The Interview – Harvard, Sloan, Stanford and Wharton all interview candidates by invitation only. This means that if you receive an interview – and at Harvard and Sloan, nearly all accepted candidates are required to interview – then this is your last and best opportunity to convince the admissions committee that you are someone they would like to have at their school. At Kellogg, all applicants are required to interview, so this changes the dynamic of the session significantly. Instead of the interview being an opportunity for you to address any weaknesses and convince them to let you in, it is merely another data point taken with the rest of your application. Put another way, a strong interview at Kellogg can’t get you in – but a weak interview can, and will, keep you out.

Conclusion

Attending one of the top business schools in the United States is really an amazing experience that we would recommend to anyone. Our classmates from business school are some of our closest friends, and the value of the network after graduation is immeasurable. We believe that you will be best served by attending the very best school you can get into, so never set your sights too low for reasons of expense, geography or other hassles.

Take a risk, and apply to some great programs – you won’t regret it.

Good luck!

Harvard Business School

Harvard University

Boston, Massachusetts

http://www.hbs.edu

HINTS

Harvard is obsessed with leadership, and they are looking for indications of leadership ability in each of their candidates. This can be in the form of managerial work experience, extracurricular activities, or initiative taken in other forms. What is more important than demonstrated leadership is to convince them that you have the capability for taking on great responsibility and taking charge of a situation in the future. Harvard is considered the #1 general management school by US News (and most of the world), so personal well-roundedness is key.

FAMOUS ALUMNI SAMPLE

George W. Bush, President, United States of America

Louis Gerstner, former Chairman, IBM Corporation

Rajat Gupta, former Worldwide Managing Director, McKinsey & Company

Jeffrey Immelt, CEO, General Electric Company

Jeff Skilling, former CEO, Enron Corporation

ADMISSIONS STATISTICS

Application Rounds: 3

Class Size: 910

Applicants: 8,893

Waitlist Size: NOT RELEASED

Waitlist Acceptance Rate: NOT RELEASED

FINANCIAL AID

Annual budget: $54,800

Guaranteed loans available for all students.

FURTHER INFORMATION

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/harvard.htm

Harvard MBA Admissions

http://www.hbs.edu/mba/index.html

Kellogg School of Management

Northwestern University

Evanston, Illinois

http://www.kellogg.northwestern.edu

HINTS

Kellogg believes that teamwork is what builds great organizations, and the ability to work with, and co-exist with others in the business school environment is their primary screening criterion. Kellogg is ranked as the #1 school for marketing, so communications ability and softer skills are more valued here – and expected – than at other top programs. As was mentioned earlier, the interview has a different nature at Kellogg than at other schools, and they want to see if you are the Kellogg “type”, and excited about their program specifically.

FAMOUS ALUMNI SAMPLE

Michael Borman, President, Blue Martini Software

Leland Brendsel, CEO, Freddie Mac

John Hoeven, Governor, State of North Dakota

James Keyes, CEO, Johnson Controls

Locke Burt, Senator, State of Florida

ADMISSIONS STATISTICS

Application Rounds: 3

Class Size: 625

Applicants: 6,039

Waitlist Size: NOT RELEASED

Waitlist Acceptance Rate: NOT RELEASED

FINANCIAL AID

Annual budget: $52,533

Guaranteed loans available for all students.

FURTHER INFORMATION

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/kellogg.htm

Kellogg MBA Admissions

http://www.kellogg.nwu.edu/admissions/index.htm

MIT Sloan School of Management

Massachusetts Institute of Technology

Cambridge, Massachusetts

http://mitsloan.mit.edu

HINTS

Sloan wants to admit a class of innovators. What is most important is to convince the admissions committee that your career will involve having a great impact on your organization or industry, and that you have the creativity and courage to take it on great challenges. Sloan is ranked the #1 school for technology, operations management and quantitative analysis, so strong business analytical skills are expected, but communications ability is what distinguishes successful applicants.

FAMOUS ALUMNI SAMPLE

Kofi Annan, Secretary-General, United Nations

Carly Fiorina, former CEO, Hewlett-Packard Corporation

William Clay Ford, CEO, Ford Motor Company

Benjamin Netanyahu, former Prime Minister, Israel

John Reed, Chairman, New York Stock Exchange

ADMISSIONS STATISTICS

Application Rounds: 2

Class Size: 319

Applicants: 2,940

Waitlist Size: 208

Waitlist Acceptance Rate: 15%

FINANCIAL AID

Annual budget: $55,310

Guaranteed loans available for all students.

FURTHER INFORMATION

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/sloan.htm

Sloan MBA Admissions

http://mitsloan.mit.edu/mba

Stanford Graduate School of Business

Stanford University

Stanford, California

http://www.gsb.stanford.edu

HINTS

With the highest average GMAT score in the world and the lowest acceptance rate, Stanford is the most difficult business school to gain admission into on the basis of numbers alone. That being said, they have a very diverse class mix and a balance curriculum that emphasizes both hard and soft skills. The key to admission is convincing the committee that you are bringing something unique to the class. While Stanford is not ranked #1 in any sub-specialty, it is strong in many areas.

FAMOUS ALUMNI SAMPLE

Steve Ballmer, CEO, Microsoft Corporation (dropped out after 1 year)

John Donahoe, former Worldwide Managing Director, Bain & Company

Philip Knight, CEO, Nike Corporation

Scott McNealy, CEO, Sun Microsystems

Charles Schwab, Chairman, Charles Schwab Corporation

ADMISSIONS STATISTICS

Application Rounds: 3

Class Size: 378

Applicants: 5,253

Waitlist Size: 243

Waitlist Acceptance Rate: 9%

FINANCIAL AID

Annual budget: $48,012

Guaranteed loans available for all students.

FURTHER INFORMATION

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/stanford.htm

Stanford MBA Admissions

http://www.gsb.stanford.edu/mba/

Wharton School

University of Pennsylvania

Philadelphia, Pennsylvania

http://www.wharton.upenn.edu

HINTS

The Wharton School is ranked as the #1 school in finance and accounting, and their emphasis is definitely on business fundamentals. Although the class has the same number of years of work experience as at other top programs, the average age skews a little higher, and thus maturity is definitely valued by the admissions committee. The admissions committee at Wharton is looking for talented, hard-working individuals that have achieved a great deal but are not arrogant about it.

FAMOUS ALUMNI SAMPLE

Reginald Jones, former CEO, General Electric Company

Shaun O’Malley, former Chairman, PriceWaterhouseCoopers, LLP

Louis Platt, former CEO, Hewlett-Packard Corporation

Donald Trump, CEO, Trump Organization

Gary Wilson, Chairman, Northwest Airlines

ADMISSIONS STATISTICS

Application Rounds: 3

Class Size: 771

Applicants: 7,274

Waitlist Size: 371

Waitlist Acceptance Rate: 23%

FINANCIAL AID

Annual budget: $59,728

Guaranteed loans available for all students.

FURTHER INFORMATION

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/wharton.htm

Wharton MBA Admissions

http://www.wharton.upenn.edu/mba

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