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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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Business School Essay Topics

WSJ Rankings Comparison of Top Business Schools

Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

Recruiters’ Top MBA

Comments about The Best B-Schools of 2006

B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

MBA DEADLINES

Canadian MBA

Advertisements

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.

RELATED ARTICLES

Average MBA Starting Salaries

Ranking of MBA Programs – Based on Placement and Average Earnings

MBA – American Universities With Financial Help

Getting into a Top MBA Program

Business School Essay Topics

Are Green-Horn Applicants Acceptable by Business Schools?

Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

Recruiters’ Top MBA

Comments about The Best B-Schools of 2006

B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

MBA DEADLINES

Canadian MBA

‘Career Enhancement Potential’ Ranking of Business Schools-Financial Times

If you cannot view the tables please hit the header

Rankings of the B-Schools from Students Career Enhancement Perspective has been made in Table 1. It shows the world schools from a different perspective.

In analyzing the Financial Times,London data it is assumed that a MBA student opts for the program to increase his earnings potential or desires change in his career stream. Thus factors as defined in “Open New Career Opportunities ” and “Increase in salary ” are taken in consideration.

Definitions:

Open New Career Opportunities Sums the following:

1. Diversity of recruiters.Number of industry sectors.
2. Assessment of careers services.Percentage of graduates in jobs three months after graduation
3. Jobs found through the careers service.Percentage of graduates finding jobs through careers service
4.Student assessment.Meeting expectations and needs

Increase in salary considers the following:

1. How much did your salary increase after graduating? Salary change from pre–MBA to post–MBA (excluding bonuses)
25.00

2. Leaving salary.Post–MBA salary (excluding bonuses)

TABLE 1

(First twenty ranked schools in each area have been considered)

This table has been created from FT -2007 Rankings Statistics.

Rank Open new career opportunities Increase in salary
1 GSB-Chicago Ashridge
2 IIM-A Henley
3 Berkeley -Haas HULT
4 IE Business School IESE
5 IESE IMD
6 NYU-Stern Oxford
7 Virginia-Darden HEC
8 Dartmouth-Tuck Strathclyde
9 Stanford Stanford
10 Hong Kong University LSB
11 Michigan-Ross Harvard
12 Columbia University of Bath
13 MIT-Sloan Cranfield
14 IMD TiasNimbas
15 Ohio-Fisher RSM Erasmus
16 Northwestern-Kellogg Dartmouth-Tuck
17 Washington University Intl.Univ of Monaco
18 CMU-Tepper Cambridge
19 ESADE Manchester B-School
20 Penn State-Smeal Monash

Conclusion:

Table 2

Country or Region Open new career opportunities Increase in salary Schools in both category
  Number of Schools Number of Schools Number of Schools
USA 14 4 2
Europe 4 15 2
Hong Kong 1 X X
India 1 X X
Australia X 1 X
       
       
       

USA Schools

1.Considering both these criteria Stanford and Dartmouth are the only USA schools having Ranking in the range of 1-20.

2. If we consider only “Open new career opportunities” then there are fourteen USA schools in this category meaning thereby that these schools place more emphasis on creating career opportunities.

3.”Increase in Salary” has four USA schools HULT,Stanford,Harvard and Dartmouth

European Schools

1. IMD and IESE fall under both the categories.

Conclusion

It is concluded that American schools emphasize more on creating career opportunities or maybe on having better placement offices and contacts with the industry.They have a poor record of increase in salary as compared with their European cousins.

European School candidates have a better jump in income after completion of their MBA, may be because the concept of MBA is in the process of being integrated into European economies.The Americans have a head start in this as such this is not surprising.
RELATED ARTICLES

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MBA – American Universities With Financial Help

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Are Green-Horn Applicants Acceptable by Business Schools?

WSJ Rankings Comparison of Top Business Schools

Top Business Schools – WSJ Ranking 2007

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B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

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Canadian MBA

Comments about The Best B-Schools of 2006

From Business Week

1. Chicago

Students appreciate option to tailor curriculum to their interests. Living in Chicago gets pricey, but most say facilities and faculty are worth the expense.

2. Pennsylvania (Wharton)

Students say competitive program improves the academic experience. Decision to allow students to disclose grades to recruiters has many disconcerted.

3. Northwestern (Kellog)

The word used over and over by Kellogg students is “collegial.” School balances individual development and teamwork, case studies and lectures.

4. Harvard

Case method allows students to solve real-world problems. Ivory tower is not everyone’s cup of tea, but alumni network is vast.

5. Michigan (Ross)

Lack of grades diminishes competition and increases focus on work. Facilities are lacking but undergoing a makeover.

6. Stanford

With Silicon Valley around the corner, innovation reigns. Extensive electives cater to students with interests beyond banking and consulting.

7. MIT (Sloan)

MIT offers unique courses with entrepreneurial focus and attracts students with engineering backgrounds. Prominent faculty remains accessible

8. UC – Berkeley (Haas)

Tech and entrepreneurial specialties give Haas grads an edge in innovation. Curriculum is not as well-suited for those with eyes set on Wall Street.

9. Duke (Fuqua)

Students on “Team Fuqua” enjoy the collaborative learning experience. Good for the hand-holding types but some would like more debate and conflict.

10. Columbia

Students appreciate vast alumni network and high-profile speakers. Access to recruiters for everything from international companies to lesser known employers.

11. Dartmouth (Tuck)

Small class-small town leaves something to be desired. But many appreciate the “self selecting” crowd that attends. General management program is specialized.

12. UCLA (Anderson)

Students go by an “excellence without attitude” mantra. Active student clubs provide career development, but there’s limited access to East Coast recruiting.

13. Cornell (Johnson)

Particularly popular among career switchers, Cornell offers small class sizes and accessible professors. Students enjoy new immersion learning programs.

14. NYU (Stern)

Local alumni base is large and former students are willing to lend a hand in the job search.

15. Virginia (Darden)

Case method works well in small classes, which foster Socratic learning. Students get individual attention from administration and faculty.

16. Carnegie Mellon (Tepper)

Tepper’s small class size creates intense focus, intimacy, and greater hands-on responsibility. Curriculum is geared toward the quantitative mind.

17. North Carolina (Kenan-Flagler)

Job placement leaves most grads smiling, but international students may not have the same luck. Extracurricular activities and pleasant location add to the appeal.

18. Indiana (Kelley)

Kelley is praised for general education but is found lacking in specialties like consulting and investment banking. Strong regional bias limits recruiting options.

19. Yale

Small program size means easy access to alumni and faculty. Students applaud new dean Joel Podolny, cited for being a visionary leader.

20. Texas – Austin (McCombs)

Complaints include unresponsive administration and poor career placement for international students. Variety of classes and other resources balance equation.

21. USC (Marshall)

Strong community and alumni network offer lifelong career contacts. Drop in 2004 rankings led to major program overhaul, but students want further improvement.

22. Georgetown (McDonough)

D.C. area offers students many opportunities for work in the public sector and international business. Demanding classes are taught by diligent professors.

23. Emory (Goizueta)

Students extol leadership development, accessible professors, and caliber of classmates. One-year program offers a popular alternative to two-year MBA.

24. Purdue (Krannert)

Students laud financial aid offerings and diverse, international student population. Curriculum emphasizes quantitative skills and teamwork.

25. Maryland (Smith)

Smith grads gripe about regional recruiting and inadequate career services. But tight-knit community and affordable tuition help ease the strain.

26. Notre Dame (Mendoza)

Students miss proximity to big city, but enjoy the tight-knit community and finance training. Recent switch from semesters to a 7-week system gets mixed reviews.

27. Washigton University (Olin)

Small class size means personal attention from faculty, but on-campus recruiting is a disappointment. Campus hosts a noteworthy leadership speaker series.

28. Rochester (Simon)

Quality of education, analytical skill development, and personal attention from faculty is highly rated, but poor showing by recruiters frustrates students.

29. Michigan State ( Broad)

Teamwork focus means most grades are based on group, rather than individual, performance. Students praise outstanding career services center and faculty.

30 Vanderbilt (Owen)

Students laud the overall experience at Owen. Grads say that rigorous curriculum leaves them well equipped for future careers.

RELATED ARTICLES

Average MBA Starting Salaries

Ranking of MBA Programs – Based on Placement and Average Earnings

MBA – American Universities With Financial Help

Getting into a Top MBA Program

Business School Essay Topics

Are Green-Horn Applicants Acceptable by Business Schools?

WSJ Rankings Comparison of Top Business Schools

Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

Recruiters’ Top MBA

B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

MBA DEADLINES

Canadian MBA

MBA – American Universities With Financial Help

(If you cannot view the table properly please click the Headline of the article)

School

State

Mean GMAT: Full-time Students

Minimum TOEFL Score

Availability of aid

U.S. News Rank

Brigham Young University (Marriott)

UT

653

240

Aid available (international students)

40

Carnegie Mellon University (Tepper)

PA

691

250

Aid available (international students)

17

Cornell University (Johnson)

International students have several options available if they wish to borrow to help meet their educational costs. The Johnson School has partnered with Citibank to offer its international students up to $23,000 in loan funds. Students must have verifiable assets equal to or greater than the amount of the loan they are requesting. This loan requires no cosigner, but offers a cosigner option if the student borrower does not have the required assets to qualify for the loan. The cosigner (regardless of citizenship) must document they have the assets to qualify for the loan. The Access Group also offers a signature loan to international students with a three-year credit history in the United States.

Student loans may not be used on the declaration of finances form. Once you receive your student visa you can apply for student loans

NY

673

250

Fellowships available: 55
Aid available (international students)

The Johnson School has over $1 million in merit-based scholarship funds to award each year to new and returning students.

Almost 30 percent of Johnson School students receive some scholarship.All our scholarships are awarded based on merit regardless of citizenshipolarship assistance.

15

Duke University (Fuqua)

NC

705

250

Aid available (international students)

11

Emory University (Goizueta)

GA

680

250

Aid available (international students)

18

Georgetown University (McDonough)

DC

662

250

Aid available (international students)

27

Georgia Institute of Technology

GA

655

250

Aid available (international students)

32

Harvard University

MA

707

253

Aid available (international students)

1

New York University (Stern)

Stern is proud to offer a comprehensive international student loan program.

NY

700

250

Fellowships available: 370
Teaching assistantships available: 596

Aid available (international students)

13

Ohio State University (Fisher)

OH

664

250

Aid available (international students)

21

Purdue University–West Lafayette (Krannert)

IN

667

230

Aid available (international students)

23

Stanford University

CA

711

250

Aid available (international students)

2

Tulane University (Freeman)

LA

655

250

Aid available (international students)

45

University of California–Berkeley (Haas)

CA

701

230

Aid available (international students)

6

University of California–Davis

CA

678

250

Aid available (international students)

42

University of California–Irvine

CA

658

250

Aid available (international students)

49

University of California–Los Angeles (Anderson)

CA

705

260

Aid available (international students)

11

University of Chicago

Financial aid information is sent to prospective students upon admission to the program. You will not need to apply for scholarships or loans until such time. Chicago GSB offers two loan programs for international students – one that requires a co-signer from the U.S. and one that does not. All ADMITTED international students will be directed to a web site to request a loan application. The loans can be used for the I-20 visa application process.

IL

695

250

Fellowships available: 5
Aid available (international students)

8

University of Florida (Warrington)

FL

666

250

Aid available (international students)

42

University of Georgia (Terry)

GA

663

233

Aid available (international students)

45

University of Maryland–College Park (Smith)

MD

651

250

Aid available (international students)

27

University of Michigan–Ann Arbor (Ross)

MI

690

250

Aid available (international students)

10

University of Minnesota–Twin Cities (Carlson)

MN

655

240

Aid available (international students)

23

University of North Carolina–Chapel Hill (Kenan-Flagler)

The Kenan-Flagler Business School, through a partnership with CFI, offers the EXTRA MBA Loan for international students

No cosigner is required

 

NC

652

250

Fellowships available: 69

Aid available (international students)

Merit fellowships are awarded to 25% of our students. UNC awards are made to international and U.S. students

21

University of Notre Dame (Mendoza)

IN

657

250

Aid available (international students)

32

University of Rochester (Simon)

NY

665

250

Aid available (international students)

23

University of Southern California (Marshall)

CA

685

250

Aid available (international students)

26

University of Texas–Austin (McCombs)

TX

670

260

Fellowships available: 10
Teaching assistantships available: 31

 

Aid available (international students)

18

University of Virginia (Darden)

For international students, there are several merit-based scholarships available as well as student eligibility for third party loans.
In order to borrow money, the amount to be borrowed must be listed on the application for I-20.

VA

680

we do not consider the GPA in our evaluation.

250

Fellowships available:131
Aid available (international students)

14

University of Washington

WA

677

250

Aid available (international students)

18

University of Wisconsin–Madison

WI

658

250

Aid available (international students)

37

Yale University

CT

696

250

Aid available (international students)

15


RELATED ARTICLES

Average MBA Starting Salaries

Ranking of MBA Programs – Based on Placement and Average Earnings

Getting into a Top MBA Program

Business School Essay Topics

Are Green-Horn Applicants Acceptable by Business Schools?

WSJ Rankings Comparison of Top Business Schools

Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

Recruiters’ Top MBA

Comments about The Best B-Schools of 2006

B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

MBA DEADLINES

Canadian MBA