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Admission to Stanford,Harvard, MIT or other Top of the line Universities

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According to my experience :
1.All require GRE subject Test. Some claim that it is not needed but in order that your application stands out I recommend you take GRE subject Test. This will facilitate a decision in your favor.
2.They need some research work. Preferably published individually or jointly with a professor. You may even have some peer reviews. People plan this well in advance and somehow wriggle through and get their name inserted along with a professor.
3.Your field of interest should match with a professor willing to accept you as a graduate scholar.
4.Excellent Recommendations written by Professors / Superiors knowing you well and willing to write specifically about your reseach interest and scholarship. These should not be vague or general.
5.Outstanding Essays. Each School should be provided an essay specifically written for it and should not be a ‘copy-paste’ exercise.
6.Excellent GPA
7.Good GRE and TOEFL scores
8. Apply early.
9. Above all plan early about the steps required to be taken. Succesful people start taking the initial steps from Junior year. Do not wait till the Senior year.
All or some of these come to play to decide on your application.

If you are admitted by these institutes than financing your education will not be a problem.
An important observation
Admission in PhD is difficult as compared to admits to MS degree.
Universities generally require good academics and/or good research experience. If you have these you can get into a very high rank university. It is believed that good research experience can lead you to a top 1-20 ranked university.But this does not imply that academics and subject test is not given due weightage.
As you go to low rank universities (21-40) they concentrate more on academics and subject tests.Universities Ranked 41 and below concentrate on academics and experience but not subject test.
But once you get admits 80-90% of the times you get assistantships.
Academics play an important role if you don’t have experience.

A more Important Note

I am well aware that every applicant will not meet each of the criteria listed above.However if you cover about 80-90% of these you have a fair chance of admission and you must try. You may be lucky.GOOD LUCK
NBS

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Entrepreneurship – where is it taught best?

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Recently New York Times published an article about the subject. Interest in Entrepreneurship is growing and the study programs are increasingly being offered. Nearly 3000 colleges provide training in the subject.As with every thing American passion for Ranking of the ‘ Entrepreneurship’ programs is existing.

So which school is the right place for those interested in starting their own companies?

Fortune Small Business spent seven months interviewing hundreds of entrepreneurs, professors, administrators, students and alumni to try to find out.

The magazine answers the question this way: It found that the best places to get an Entrepreneurship education were:

Undergraduate

Babson College

Indiana University

Syracuse University

University of Arizona

University of Pennsylvania

Online Education

Boston University

University of Houston

University of Wyoming

Western Carolina University

Cross-Disciplinary Studies

Cornell

Massachusetts Institute of Technology

Stanford University

University of North Carolina at Chapel Hill

Wake Forest.

Graduate School

Babson

Harvard

Indiana University

M.I.T

Stanford

Syracuse

University of Arizona

University of California at Berkeley

University of California, Los Angeles

University of North Carolina at Chapel Hill

University of Pennsylvania

Executive Education

Babson

Harvard

Northwestern

Stanford

University of Chicago

University of Texas at Austin

Family Business

Babson

Baylor

Kennesaw State University

Loyola of Chicago

Northwestern

University of Texas at El Paso.

DOES PASSION TRUMP ALL? Maybe we have the whole approach to teaching entrepreneurship backward, George Gendron writes in Inc.

READ THE ARTICLE AT

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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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University Performance – US still dominates

Says BBC

Four of the top 10 are British and the rest American. Harvard is top and Yale, Oxford and Cambridge joint second.

University College London breaks into the top 10 for the first time and Imperial College London rises to fifth.

The annual survey by the Times Higher Education Supplement and careers and education group QS ranks according to factors including academics’ opinions.

University College London rose from 25th position last year to ninth.

The Massachusetts Institute of Technology was joint fourth last year but falls to 10th place, while Stanford falls from sixth position to 19th.

Another US university which tumbles in the rankings is the University of California, Berkeley. It was rated eighth last year but drops to 22nd place this year.

Asia

The rankings are based on a number of factors including the opinions of academics and of companies employing graduates, international student and staff numbers, and research.

The managing director of QS, Nunzio Quacquarelli, said the rankings recognised the quality of education that UK universities offer.

He said: “In an environment of increasing student mobility, the UK is putting itself forward as a top choice for students worldwide.

They are taking a closer look at the quality of faculty, international diversity and, of course, the education they will receive there.”

Asian universities improved their standing but European institutions outside of the UK fell back, the survey said.

Last year there were 41 European universities in the top 100, but in this year’s table there are 35.

The president of Universities UK, Professor Rick Trainor, said: “As this table shows, the world standing of UK higher education is at the very top.

“This is due to the high quality of our research and teaching.

“Our competitors are increasingly marketing themselves more aggressively so it is vital that the UK remains among the foremost destinations for international students and staff.”

The Top 10 in full is:

1 Harvard University (US)
2 University of Cambridge (UK)
2 University of Oxford (UK)
2 Yale University (US)
5 Imperial College London (UK)
6 Princeton University (US)
7 California Institute of Technology (US)
7 University of Chicago (US)
9 University College London (UK)
10 Massachusetts Institute of Technology (US)

Story from BBC NEWS

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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Top Business Schools – WSJ Ranking 2007

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‘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.
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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

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Canadian MBA

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.

Go Here to read further

Blog Posts About This Topic

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

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Average MBA Starting Salaries

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Are Green-Horn Applicants Acceptable by Business Schools?

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