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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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MBA DEADLINES

Canadian MBA

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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

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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Characteristics of the Top USA Business Schools

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You’ve heard it time and time again — going to a top MBA program offers fundamentally different opportunities than getting just any MBA degree. But applying to multiple schools can be a daunting task, and everyone should have a backup plan in case they don’t get into their first choice. Here are some guidelines for analyzing the differences between the top programs, based on interviews with graduates of nearly 20 top US business schools.

Harvard Business School

Characteristics

The top program for liberal arts and social science majors (with as much as 50% of the class coming from those disciplines) HBS emphasizes the art of leadership.

Strengths

  • Harvard brand name
  • Depth of network
  • Strong ties to finance, private equity and consulting
  • Best for general management and communications

Weaknesses

  • Lack of academic rigor, over reliance on case method
  • Stereotype that students have poor analytical and quantitative skills

Suggested Backups

  • Tuck
  • Darden
  • Michigan

MIT Sloan School of Management

Characteristics

The top program for science and engineering majors (with as much as 40% of the class from those disciplines) Sloan emphasizes an analytical, fact-based approach to management.

Strengths

  • MIT brand name
  • Rigorous, flexible academics
  • Strong ties to finance, high tech and consulting
  • Best for entrepreneurship, high tech and finance

Weaknesses

  • Smaller alumni network
  • Stereotype that students are too intellectual and not aggressive

Suggested Backups

  • Chicago
  • NYU
  • Carnegie Mellon

Stanford Graduate School of Business

Characteristics

Stanford takes a balanced approach to management education, with no particular background emphasized over others, resulting in one of the more diverse classes among top business programs.

Strengths

  • Stanford brand name
  • Balance of qualitative and quantitive emphasis
  • Strong ties to Silicon Valley, venture capital and consulting
  • Best for entrepreneurship and general management

Weaknesses

  • Smaller alumni network, poor ties to east coast and international recruiting
  • Stereotype that students are not team players

Suggested Backups

  • Berkeley
  • Duke
  • UCLA

Wharton School, University of Pennsylvania

Characteristics

The top graduate business program for undergraduate business majors (with as much as 45% of the class from those disciplines), Wharton focuses on finance and investment education.

Strengths

  • Well-rounded academic program
  • Strong ties to finance and consulting
  • Best for finance and accounting

Weaknesses

  • Weaker ties to west coast recruiting
  • Stereotype that students are overly aggressive and too finance focused

Suggested Backups

  • Chicago
  • Columbia
  • NYU

Kellogg School of Management, Northwestern University

Characteristics

With a balanced student body similar to Stanford, Kellogg has distinguished itself as the top MBA program for marketing and brand management.

Strengths

  • Highly motivated, involved student body
  • Strong ties to brand management and consulting
  • Best for marketing

Weaknesses

  • Lack of analytical focus
  • Stereotype that students are team players but not leaders, poor quantitative skills

Suggested Backups

  • Michigan
  • Duke
  • Tuck

Adopted From—

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Ranking of MBA Programs – Based on Placement and Average Earnings

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