Find all School-related info fast with the new School-Specific MBA Forum

It is currently 19 Apr 2014, 12:14

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Overlooked MBA Programs

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
Overlooked MBA Programs [#permalink] New post 24 Oct 2005, 16:17
Some Overlooked MBA Programs

I thought it would be useful to call the attention of GMAT Club Members to some MBA programs that tend to be overlooked or excluded from portfolios.

1) Columbia- Yes, it might seem odd to consider one of the ultra elite schools overlooked but Columbia seems to be conspicuous by its absence when students craft portfolios. Part of the problem stems from the image of Columbia as a "finance school" which seems to cause some students to prefer a more "well rounded" school along the lines of Northwestern/Kellogg. However, it is worth noting that Columbia is one of the strongest schools in the US in terms of general management and international business. Oddly, however, I have encountered a number of finance-leaning applicants who express strong interest in Chicago and Penn but seem to regard Columbia was suspicion. This borders on the bizarre since Columbia has one of the strongest placement records with major finance firms of the ultra elite schools in addition to being located in New York City.

http://www.gmatclub.com/phpbb/viewtopic.php?t=13467
Kaplan GMAT Prep Discount CodesKnewton GMAT Discount CodesVeritas Prep GMAT Discount Codes
1 KUDOS received
Senior Manager
Senior Manager
Joined: 30 May 2005
Posts: 374
Followers: 1

Kudos [?]: 5 [1] , given: 0

GMAT Tests User
 [#permalink] New post 25 Oct 2005, 08:48
1
This post received
KUDOS
Hmm, I agree wtih Hjort here. I did not even consider Columbia for some reason. Maybe I'll app to them in Rd 2 based on how my Round 1 goes. Hjort, For some reason, Columbia isn't really considered an elite school by the people that I talk to. That seems weird though. I did not know they had a good international business focus.
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 25 Oct 2005, 11:07
One of Columbia's claims to fame is that it decided to incorporate international content throughout the curriculum rather than provide the typical specialization in international business.

The Jerome A. Chazen Institute of International Business sponsors a number of events.

http://www0.gsb.columbia.edu/chazen/about
VP
VP
User avatar
Joined: 14 Feb 2005
Posts: 1001
Location: New York
Followers: 5

Kudos [?]: 14 [0], given: 0

GMAT Tests User
 [#permalink] New post 25 Oct 2005, 23:57
http://forums.businessweek.com/bw-bscho ... ing+%3E%3E

Hjort

what's ur take on this comments..( I can see loads of traffic about CBS tactics to improve yield etc )

ANy thgts?

Cheers
Disclaimer: I am no way related to the Bweek poster..

Quote:
From: I_HATE_GMAT Oct-12 6:53 pm
To: ALL (1 of 60)

66338.1

Rolling admissions. Why?

Simple, it decreases their acceptance rate and increases yield. These two data points positively contribute to rankings and give the illusion of selectivity.

Whats the problem with this strategy?

I would argue that Columbia necessarily gets 2nd tier candidates. One major component to Columbia's admission criteria (unstated), is their belief you will actually pick them. Hence they will reject candidates that they know are certainly superior but are afraid will choose other programs.

Seems like a brilliant strategy. Reject those who will reject you anyway.

Here is the problem. A number of applicants that CBS would otherwise like to have (short of their "liklihood" of matriculating at programs like HBS) are rejected each year. Instead they are replaced with lower caliber students who are more of a "sure" thing. Over the years, you really have an adverse selection problem and the quality of CBS's alumni base is bound to suffer.

I would argue that the hallmark of Harvard Business School (for example) is not their current admissions statistics but the profound impact that their alumni have had on the world.

You can't manipulate your way to the top. Top applicants are beginning to understand Columbia's little game so they are starting to avoid applying all together. WHY APPLY SOMEWHERE THAT WILL REJECT YOU BECAUSE THEY THINK YOU WILL REJECT THEM?

All you will be out is the application fee and a headache.

To CBS admissions - Really think through your strategy and ask yourself will this strategy really build CBS. My bet is this a good way to spike admissions statistics in the short run, but is hardly a way to really improve your institution. Stop being so cute and really get to the heart of the problem. Great institutions are built by getting the best possible people. Period. Even if that means taking your lumps and having great candidates reject you. You never know, one of them might accept your offer and do some amazing things for Columbia. One Jack Welch or a US president will advance the CBS cause much further than an extra point of yield (that everyone knows is bullshit anyway).

1 KUDOS received
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [1] , given: 0

GMAT Tests User
 [#permalink] New post 26 Oct 2005, 11:51
1
This post received
KUDOS
Oz,

This person is certainly impassioned about MBA admissions.

A few speculative theories on why people are complaining about Columbia's admissions system:

One theory: The applicant believes that Columbia is beneath him. He applied to Columbia and failed to get the response he expected. Ergo, applicant expresses annoyance with Columbia admissions.

Second theory: Applicant is really interested in applying to "better" schools and views Columbia as a potential "safety" school. Applicant realizes that the admissions policies of Columbia complicate its use as a safety school. Thus, applicant expresses annoyance with Columbia admissions.

It should be noted that there are a number of reasons schools might want to increase their yield that have little to do with league table rankings. For instance, at virtually any institution it is valuable to have people who genuinely want to be there. It makes some sense to favor students who are excited about Columbia and are enthusiastic about becoming part of the student body over those students with slightly better admissions attributes who view Columbia as their penance for having failed to spend more on the GMAT and their essays.

Since this is a data-free argument, one could just as easily assert that students who genuinely want to attend Columbia are more likely to contribute as alumni than students who attend grudgingly.

In some ways Columbia is just being clever. One way to attract quality people who want a minimum of hassle with admissions is to give them a binding offer of admission early in the season. The applicants are happy because they are admitted to a quality school and the school is happy because it knows how many students are coming next year with greater precision.
VP
VP
User avatar
Joined: 14 Feb 2005
Posts: 1001
Location: New York
Followers: 5

Kudos [?]: 14 [0], given: 0

GMAT Tests User
 [#permalink] New post 26 Oct 2005, 15:13
Great explanation mate

Cheers
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 02 Nov 2005, 15:55
Cornell University

Cornell is another school from the top clusters that seems to be marginalized. Of course, Cornell does appear in portfolios but often as a "round out" school rather than a primary target. It is interesting that other schools in this cluster e.g. Michigan, Tuck, UCLA seem to appear so much more frequently and with far more enthusiasm.

Even the benefactor name usually draws little response- virtually everyone seems to recognize Haas, Tuck, Darden, Anderson etc. but when I mention "Johnson" people often stare blankly back at me.

Johnson has been viewed as strong in all of these fields:

Marketing
Technology
Finance
General Management

The parent university of Cornell is extremely well known and respected, especially in technical fields.

It has done well on some league tables, appearing as one of the top elite schools for BusinessWeek 2004 (#7 overall) and #17 worldwide among ranked schools for EIU 2005.
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 05 Nov 2005, 22:59
It is interesting that even the mention of that fact that Cornell tends to be overlooked has not generated any controversy compared with a similar observation regarding Columbia.

One difficulty faced by Cornell is that the Ithaca MSA has a very small economy (around the same size as Yuma AZ or Altoona PA). This deters some applicants with spouses from attending Cornell. A related difficulty is that it is several hours away from any of the 10 largest metro areas. It is about 220 miles (5 hours by car) from New York City. Many of the other Elite Cluster schools are much closer to a major metro area (e.g. New York City (NYU), Los Angeles (UCLA), San Francisco/San Jose (UC Berkeley). Another small town school, Dartmouth/Tuck, is about 2.5 hours from Boston.
VP
VP
User avatar
Joined: 14 Feb 2005
Posts: 1001
Location: New York
Followers: 5

Kudos [?]: 14 [0], given: 0

GMAT Tests User
 [#permalink] New post 06 Nov 2005, 21:00
Hjort,

There is not even a single negative post about cornell. This is quite good compared to the amount of negativity Columbia generates in business week forums.

Cornell just doesnt seem to have the drive for image compared to small town schools like duke, tuck etc..

Cheers
PS: Can you throw some light on cornell's strength in Real Estate??
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 07 Nov 2005, 11:57
One of the strengths of Johnson is that students can take advantage of many strong offerings in other divisions of Cornell. Johnson allows students to take about a quarter of their required credit hours in other graduate divisions including the real estate offerings of the Department of City and Regional Planning and the School of Hotel Administraton. In addition, Johnson students can take part in a dual degree program in real estate studies.

This link provides an idea of real estate courses taken by Johnson students in other divisions of Cornell

http://www.johnson.cornell.edu/academic ... all04.html
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 16 Nov 2005, 12:05
Moving on to the Trans Elite cluster, Carnegie Mellon/Tepper is another school that seems to be overlooked by candidates. Perhaps it is something about the positioning of the Trans Elite cluster as a whole since many of the schools here seem to be a bit marginalized.

Carnegie has a number of strengths

1) It is is one of the very best schools in technology related fields of any cluster
2) A number of tracks that capitalize on the strengths of the entire university
3) A history of being an innovative and influential business school (Carnegie Mellon is one of the intellectual leaders of the Management Science paradigm of business schools)

Some of the strengths of Carnegie also led to some of its problems finding a more mainstream audience. The reputation for being a "tech" and "quant" school led many students to look elsewhere. The entire Industrial Adminstration nomenclature (including the Master of Science in Industrial Administration granted instead of an MBA until 2001 or so) did not help matters.

In a way, Carnegie Mellon is the Columbia of tech- a serious portfolio must justify its exclusion.
VP
VP
User avatar
Joined: 14 Feb 2005
Posts: 1001
Location: New York
Followers: 5

Kudos [?]: 14 [0], given: 0

GMAT Tests User
 [#permalink] New post 16 Nov 2005, 13:04
One Negative aspect i could see with CMU

Over emphasis on Quant Score and Very Very Expensive ...even comapred to Ultra Elites
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 22 Nov 2005, 20:59
Two very good points. However

1) Considering the quant emphasis of the program, an emphasis on the quant section of the GMAT makes sense

2) I am curious how many students who attend CMU actually pay "list price"
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 23 Dec 2005, 13:07
Yale is another Elite Cluster program that seems to be overlooked by too many applicants.

I have heard a number of comments why students have considered but ultimately rejected Yale SOM. One of the more interesting that I have heard many times is that it is not enough of an “Ivy Leagueâ€
Manager
Manager
Joined: 05 Sep 2005
Posts: 53
Followers: 0

Kudos [?]: 0 [0], given: 0

Yale [#permalink] New post 08 Mar 2006, 23:31
As far as Yale is concerned I have heard of people who have been accepted by kelloggs or Darden but have been put on a waitlist or have bee rejected by Yale. Hence one can be sure that the quality of students at Yale SOM is going to be premium.

Besides Yale is as selective as any other schools in the same cluster in choosing their students. If u dont trust apply and see !! Yale has a high rejection ratio I believe. all this definately makes Yale an equally great school. whts ur take on it hjort ?
CEO
CEO
Joined: 17 Jul 2004
Posts: 3281
Followers: 19

Kudos [?]: 426 [0], given: 0

GMAT Tests User
 [#permalink] New post 09 Mar 2006, 19:55
I think people have a hard time with the idea that different does not necessary mean inferior. Yale has taken a somewhat different path to management education but it clearly the equal of its fellow elite cluster schools.
Intern
Intern
Joined: 21 Feb 2007
Posts: 9
Followers: 0

Kudos [?]: 0 [0], given: 0

John Hopkins [#permalink] New post 10 Mar 2007, 09:48
Hjort

What do you think about John Hopkins MBA programs. Both part time and full time?

Thanx
Intern
Intern
Joined: 28 Feb 2008
Posts: 7
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: Overlooked MBA Programs [#permalink] New post 18 Mar 2008, 02:32
I believe Queens is another MBA program which is overlooked. Its a remarkable program and only one of its kind, I'll say. Whatsay ?
Re: Overlooked MBA Programs   [#permalink] 18 Mar 2008, 02:32
Display posts from previous: Sort by

Overlooked MBA Programs

  Question banks Downloads My Bookmarks Reviews Important topics  


cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.