Friday, May 24, 2019

イリノイ大学・カレッジ・オブ・ビジネス to End Full- & Part-Time MBA Programs

The University of Illinois at Urbana-Champaign announced today (May 24) that it will eliminate both its full- and part-time MBA programs to focus more resources on its online MBA and specialty master’s programs. 
  • Illinois Gies becomes the second top-50 U.S. school in the last three years to eliminate its residential MBA program.
  • Like the University of Iowa, which dropped its full-time MBA in 2017 to redirect resources to its online offering, Illinois Gies is banking on the continued popularity of its iMBA — and they have good reason to be confident in that popularity. 
  • With a total tuition bill of $22,000, the iMBA is by far the cheapest online MBA from a major university.  
  • Applicants to the iMBA do not need to take the Graduate Management Admission Test. That, along with the cost, is part of Illinois’ mission to open up the MBA experience to a wider applicant pool.
Why? Application volume for the Gies full-time MBA has fallen by about 25%  since 2016, partly because of the general wane that’s impacting all MBA programs and particularly due to the drop in international interest that has plagued so many schools.
  • In November, Illinois made headlines when it took out a $400K insurance policy against the further loss of Chinese students amid what Brown told P&Q was an “unprecedented decline.”
In its heyday in the 1990s, the Illinois MBA had an enrollment of more than 600. Compare that to today, with fewer than 100, including a fall 2018 intake of just 49 students.

Thursday, May 23, 2019

2019-2020 MBA Application Deadlines

Last year, Harvard Business School eliminated its third and final application round for MBA hopefuls.
Columbia Business School has added a pair of new essays this year: “Why do you feel Columbia Business School is a good fit for you?” (250 words) and “Who is a leader you admire, and why?” (250 words). CBS retained its first 500-word essay: “Through your resume and recommendations, we have a clear sense of your professional path to date. What are your career goals over the next 3-5 years and what, in your imagination, would be your long-term dream job?”

Columbia is the only highly ranked full-time MBA program with a January class start in addition to its regular September cohort. The school is fourth behind HBS, Stanford and Wharton for the number of applications received every year for both full-time MBA cohorts. The school, which sends out interview invites and admission decisions on a rolling basis, has set an early decision deadline of Oct. 4th (which is also the deadline for its January 2020 class start) and a final regular deadline of April 10th. But if you want to qualify for a merit scholarship, you would need to apply by Jan. 3, 2020.

The University of Virginia’s Darden School of Business, meantime, has so far posted the earliest deadline–for its early action round. The deadline is a day ahead of HBS on Sept. 3rd. A major benefit of applying that early to Darden is that you don’t have to be invited to an admissions interview. Instead, you are able to get one without an invite. That is also true for early action candidates at Duke Fuqua during the school’s open interview period from Sept. 11 to Oct. 9th and at Kellogg and Tuck for all applicants. Darden’s open interview schedule is between mid-July through the end of September.

If you can, apply in the first round when none of the seats in the class are filled. At most schools, early applicants have an advantage over those that complete their applications in later rounds. Typically, the second application round is the largest, and many schools, including Wharton, advise candidates that round three is the most competitive mostly because the vast majority of the class seats are already filled. There are some other reasons why you want to get your app in early:
  • The ability to receive a scholarship award from the school’s Financial Aid Office prior to the date by which you must respond to your offer of admission.
  • Ample time to complete recommended quantitative and/or language coursework prior to arrival on campus.
  • Access to on-campus housing lottery systems at some schools.
  • Sufficient time to complete the visa application process for international candidates.
  • Attendance at a school’s Admit Weekends. Sometimes, round three candidates lose out on this opportunity.
All that said, the best time to apply is when you believe you’ve done the best job possible with your application. If you have to rush and cut corners to make round one, don’t. Hold off until another round. At all the highly selective business schools, admissions officials are looking for reasons to cut you from the pool. After all, the odds are substantially against you and as many as 80% of the candidates in any school’s applicant pool are usually fully qualified to attend. So you want to make sure you are putting your best foot forward when you do apply.
We’ll update this list continuously as more schools provide info on their new deadlines. If a school has released its essays for the 2019-2020 admissions season, you can access them by clicking on the “Yes” in the table below.


School Deadline Interview Notification Decision Essay Release
Virginia (Darden) Sept. 3, 2019 (Early Action) Schedule Your Own Oct. 9, 2019 No
Harvard Sept. 4, 2019 NA Dec. 10, 2019 Yes
Pennsylvania (Wharton) Sept. 17, 2019 Oct. 29, 2019 Dec. 18, 2019 No
Pennsylvania (Wharton) Sept. 17, 2019 (R1 for MBA/Lauder) NA Dec. 18, 2019 No
Northwestern (Kellogg) Sept. 18, 2019 (Round 1) Sept. 20, 2019 Dec. 11, 2019 Yes
INSEAD Sept. 18, 2019 (Round 1-Sept. Intake 2020) Oct. 18, 2019 Nov. 22, 2019 Yes
Duke (Fuqua) Sept. 19, 2019 (Early Action) Oct. 2, 2019 Oct. 28, 2019 Yes
Chicago (Booth) Sept. 26, 2019 NA Dec. 5, 2019 No
Emory (Goizueta) Oct. 4, 2019 (R1) Rolling Nov. 29, 2019 Yes
Columbia Business School Oct. 4, 2019 (Early Decision/January cohort) Rolling Rolling Yes
Virginia (Darden) Oct. 4, 2019 (R1) NA Dec. 11, 2019 No
Duke (Fuqua) Oct. 14, 2019 (Round 1) Nov. 1, 2019 Dec. 18, 2019 Yes
INSEAD Nov. 6, 2019 (Round 2-Sept. Intake 2020) Dec. 6, 2019 Jan. 24, 2020 Yes
Emory (Goizueta) Nov. 15, 2019 (R2) Rolling Jan. 24, 2020 Yes
Columbia Business School April 10, 2020 (Final Regular Decision) Rolling Rolling Yes
Source: Business school websites

Saturday, May 18, 2019

ハーバード・ビジネス・スクール R1 締め切り:9月4日に

Harvard Business School says it is keeping MBA application deadlines for the 2019-2020 admissions cycle to just two rounds again, preferring not to have a third and final round for the second year in a row. The school moved up its round one cutoff by a day to Sept. 4th of 2019, while it moved back its round two deadline by two days to Jan. 6.

Last year, Chad Losee, managing director of MBA admissions and financial aid, eliminated the school’s third round. With more and more MBA candidates filing their applications in the first and second rounds, he thought an extra round wasn’t really needed, anymore.

The essay question for applicants to Harvard’s MBA program also remains unchanged:

“As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA Program?”

There is no mention of the school’s deferred admissions program. The school had an April 2+2 deadline in 2019. The application will open again in early June.

The lack of essay limit is an opportunity for applicants to show judgment as well as communications ability, or the lack of both. HBS is interested in that information. The short answers and form fields reflect what Harvard to know, and they are a critical part of the applicant’s narrative.

Thursday, May 16, 2019

University of Essex announces scholarships for MBA programme: How to get it

Here's how to apply for the scholarships
scholarship The has announced worth up to 100,000 pounds for Essex Business School’s MBA program starting October 2019.

2019-20 entry

Two students will be offered 100 per cent scholarship worth 19,500 pounds (~ Rs 18 lakh) each, two students will be offered 50 per cent scholarship worth 9,750 pounds (~ Rs 9 lakh) each, and further waivers of 3,000 pounds (~ Rs 2.7 lakh) on tuition fees will also be available:
2 x 100 per cent fee discount
2 x 50 per cent fee discount
16 x 3,000-pound fee discount
The award will be offered in the form of a tuition fee discount.

The applicant will be invited to an interview. The MBA Director will assess the student for a scholarship award during the interview.
During the scholarship interview, the MBA Director will be particularly looking for evidence of:
  • academic merit
  • work experience (quality of work experience, not simply time served)
  • ideas on sustainable and entrepreneurial business
  • ability to communicate experience and ideas
  • plans for utilising the experience after the course
This scholarship is available to all MBA applicants provided they are funding their own study.
How to apply

There's no separate application form for the scholarship. If a student meets the eligibility criteria stated above, he/she will be assessed during the interview.
First Published: Thu, May 16 2019. 14:22 IST



 ビジネス界を覗くと、わが国ではMBAが欧米のように根付いていない実態が一目瞭然にわかる。欧米では経営者や管理職の多くがMBAを取得しており、Ph.D (博士) の学位を持つ人も少なくないが、わが国では大企業の経営者、管理職でも博士号はおろか、MBAの資格を持つ人も少ない。






Friday, May 10, 2019

ハーバード・ビジネス・スクール MBA Deadlines 2019-2020

HBS MBA deadlines

Harvard Business School has released their 2019-2020 application deadlines for full-time MBA applicants targeting the Class of 2022.

Round 1
Application Deadline: September 4, 2019
Decision Notification: December 10, 2019
Round 2:
Application Deadline: January 6, 2020
Decision Notification: March 31, 2020

To be considered for a round, applicants must submit their application by 12:00 PM Eastern Time on the day of the deadline.

Thursday, May 9, 2019

MBA Admissions Brief: ウォートン・スクール

Maryellen Reilly, Deputy Vice Dean of the Wharton MBA Program
 Before coming to Wharton 12 years ago, Maryellen spent over 15 years in finance in both the US and Europe at firms including Capital Group and JP Morgan. Additionally, Maryellen sits on the investment committee of the Girl Scouts of Eastern Pennsylvania, and is a member of the Forum of Executive Women.
In her role as Deputy Vice Dean, Maryellen leads the student experience outside the classroom, including Career Management, Admissions & Financial Aid and Student Life in identifying and providing services and support to enhance the student experience from admission to graduation and beyond.
Read on for her advice about the Wharton application process, choosing recommenders and what you may have to look forward to at Wharton!
What would you say to someone who’s applying next fall and just getting started in the MBA application process now?
Start by thinking deeply about what your goals are and what do you hope to gain from an MBA, both professionally and personally. That’s a big part of the decision process: getting to know yourself. Once you know what you want and what you hope to get out of business school, then you can then set your sights on researching programs and finding the place that best fits you. Every school is really excited to show you everything we offer, but it’s important that you really take this opportunity to see if the school you’re thinking of is the place for you.
What’s the one thing MBA candidates should know about selecting a recommender?
We work well in stories, so it’s best to make sure you find a recommender that can speak to your experiences and what you’ve accomplished over your career. For us, it’s about the quality of the recommendation, not the title of the person who wrote it. The recommendation helps provide a window into your candidacy. We always suggest that as candidates make the request, they use the opportunity to prepare their recommenders with their career highlights, why they are interested in the program and, just as importantly, give the recommender enough time to prepare what they plan to write.

What’s your program’s most exciting change, development or event coming up in the year ahead?
What’s most exciting from a curricular perspective is the personalization we’re providing our students. Wharton focuses on providing a curriculum tailored to the individual and making the experience one that, whatever a student’s aspirations are, will provide them the tools they need to develop.
MBA Admissions Brief WhartonOne way we bring personalization into the program is by leveraging student input and data to advise on coursework and programs to help students maximizing learning and achieve their goals. This is done through the Advising Support Network (ASN). The ASN is a group of four advisors assigned to every student during pre-term. It’s a student’s personal “board of directors,” and includes advisors from student life, career management, academics, and leadership. These four advisors help guide each student on their MBA journey, helping them to construct their individual program, connecting them to resources, and providing individual advising sessions.

Of the big trends in business education right now (tech, globalization, analytics), what are you doing or innovating in one (or all) of these spaces?
The biggest trend seems to be around specialization, and Wharton is really leading the charge with the amount of personalization a student can expect in our program. We’re one of few MBA programs that offer majors. A student can come to Wharton and not only get the fundamental management and business education they need, but they can also explore other areas of interest and drill deep into a particular area of knowledge. Because we offer majors, there’s also a distinct opportunity for international students to come to Wharton and obtain a STEM OPT extension by focusing their students in one of 6 majors here: Actuarial science; business analytics; business economics and public policy; business, energy, environment and sustainability; operations, information and decisions; and statistics. Students will gain the tools they need to be adaptable in business, to expand their knowledge area, and to learn from an interdisciplinary lens.

What would you like to highlight about your post-MBA career placement success?
One thing that really stands out about our graduates in terms of their post-MBA paths is the diversity of industries, companies, and roles they go into. For example, the Class of 2019, 36.9 percent of students that reported accepting an offer went into financial services. Within that sphere, there is a wide array of industries that our graduates have gone into, including 11.4 percent in private equity and 6.7 percent into investment management roles. Beyond finance, 14.9 percent of those reporting accepting an offer did so in technology which continues to be a strong area of student interest and placement for our students. Over 30 students graduating in the Class of 2019 plan to start their own business, which speaks to our students’ entrepreneurial spirit.
One statistic that shows not only the impact of the Wharton experience but also the ambition and drive of our students is that many of them are switching industries or functions post-Wharton. In the Class of 2019, 54.3 percent of graduates reported changing their industry or job function. This really shows diversity not only in where students go in their careers, but where they came from and how Wharton has been the bridge between those two places.

MBA Admissions Brief: ハーバード・ビジネス・スクール

HBS Managing Director of Admissions and Financial Aid Chad Losee

Over the past three years heading up admissions at HBS, he’s helped shaped the exceptional classes, overseen a shift to two admissions rounds, welcomed an inaugural cohort of MS/MBA students and taken the time to talk about interviews, financial aid and more—to mention just a few.
Read on for Losee’s insights into HBS, their admissions and what actions applicants can start taking now.

What would you say to someone who’s applying next year and just getting started in the MBA application process now?
Invest to learn more about two things:  1) the business schools you are considering and 2) yourself.  First, take time to visit schools virtually or in person. You want to be in an environment in which you can thrive in and out of the classroom. For instance, if you’re considering Harvard Business School (and I hope you are!), if learning by the case method doesn’t resonate with you, other programs might be better. In addition to exploring our website and watching videos on the academics here, you can experience the case method by visiting a class on campus.
Second, take time to invest in the self-reflection journey. What are you good at? How do you want to make a difference? What kind of work do you find meaningful? People who find the application process most rewarding are those who use it as an opportunity to learn about themselves.
As you get into the application itself, share with us what you’ve learned. An authentic, clear voice about where you are on your leadership journey will resonate more than writing about what you think schools want to hear. After completing your application, ask yourself or a close friend or family member, “Could this application also be for someone else?” If so, it probably isn’t personal enough and you likely need to do some more introspection.
It’s important to keep in mind that we consider all the elements of the application to get to know you and never look at just one piece by itself.

What’s the one thing MBA candidates should know about selecting a recommender?
MBA Admissions Brief: Harvard Business SchoolRecommendations matter. Pick two people who know you well, will advocate for you, and can give share specific examples to help us get to know you. 

What’s your program’s most exciting change, development or event coming up in the year ahead?
HBS and the Harvard Paulson School of Engineering and Applied Sciences (SEAS) recently launched a new joint master’s degree MS/MBA that has been very successful in attracting outstanding candidates in his first cohort. The program, which confers an MBA and a Master of Science in Engineering Sciences from SEAS, is completed in four semesters over two years.
Designed to train future founders and leaders of technology ventures, the MS/MBA program will provide a strong foundation in general management, build design skills, and extend students’ understanding of engineering.

Of the big trends in business education right now (tech, globalization, analytics), what are you doing or innovating in one (or all) of these spaces?
HBS continues its efforts to build a deep understanding and expertise in global business practice and innovation around the world. We’re constantly refreshing and expanding our global curriculum – 54 percent of cases produced in FY18 were global – and evolving the list of Field Global Immersion (FGI) locations year-to-year. FGI is a semester-long first-year MBA course that culminates with student teams traveling to global markets around the world, requiring them to develop a new product or service concept for a global partner organization.

Africa is one particular area of focus, a region that is assuming an increasingly vital role in the world economy. This year 246 students will be going to Africa— to Accra, Dar es Salaam and Cape Town specifically – for the FGI course. The school also opened the newest regional office, the Africa Research Center in Johannesburg, South Africa. HBS now has a network of fourteen research centers around the world. The Africa Research Center plays an important role in helping HBS develop and strengthen relationships with business and academic leaders across sub-Saharan Africa, while our Middle East and North Africa (MENA) Research Center based in Istanbul, plays this same role for North African countries.

A new Short Intensive Program (SIP) taught in January 2019 called “Africa Rising: Understanding Business, Entrepreneurship, and the Complexities of a Continent,” also focuses on this region.
HBS supports graduates who want to make a difference in emerging markets with the Global Opportunity Fellowship (GO: Africa), which supplements the income of MBA graduates who go to work in Africa following graduation, designed to bridge the gap between a recipient’s annual salary and $100,000 USD. The goal is to attract top talent to Africa and expand the school’s global impact.

What would you like to highlight about your post-MBA career placement success?
HBS Career Professional Development works individually with students to develop their career vision and identify opportunities that meet students’ unique career goals, resulting in opportunities with over 300 organizations for the Class of 2018. HBS has 50 career coaches mapped to every industry and geography globally to support students while they are at HBS and after they have graduated (for the rest of their careers).

Sunday, May 5, 2019

Snapshot: GMAT Ranges Outside The U.S.

School2018 GMAT Range2018 GMAT Mean2017 GMAT Range2017 GMAT Mean2016 GMAT Mean3-Year Mean Change
London Business School 600-790707600-780708709-2
Cambridge (Judge)NA693NA696690+3
HEC Paris590-780691640-740690689+2
Oxford Said510-800681580-780685692-11
Toronto (Rotman)500-780658500-760665663-5

High & Low GMAT Scores At The Top Schools

P&Q Rank & School2018 GMAT Range2018 GMAT Mean2017 GMAT Range2017 GMAT Mean2016 GMAT Mean
1. UPenn (Wharton)500-790732530-790730730
1. Harvard Business School610-800730**580-790729729
3. Stanford GSB600-790732610-790737737
4. Chicago (Booth)610-790731620-790730726
5. Northwestern (Kellogg)590-790732600-780732728
6. MIT (Sloan) 700-760*728580-780722724
7. Columbia Business School 530-790732530-790724720
8. UC-Berkeley (Haas)690-750*726640-780725717
9. Dartmouth (Tuck)620-780722620-780722717
10. Michigan (Ross)680-760*720670-760*716708
11. Yale SOM690-760*724640-790727725
12. Virginia (Darden)660-780*718620-790713712
13. Cornell (Johnson)600-770699590-780700700
14. Duke (Fuqua)650-750*704510-790702695
15. UCLA (Anderson)680-750*719610-790716715
16. New York (Stern)590-780717580-780714710
17. Carnegie Mellon (Tepper)640-742*690570-780691686
18. Texas-Austin (McCombs)600-770703590-770703699
19. North Carolina (Kenan-Flagler)650-750*703600-770701700
20. Emory (Goizueta)640-740*685630-740*682683
21. Washington (Foster)650-730*696640-740*693691
22. USC (Marshall)650-770705630-780703692
23. Georgetown (McDonough)650-730*693590-750692692
24. Rice (Jones)660-740*706560-780711690
25. Indiana (Kelley)530-760674530-770670670

*80% range **Median