mike50000 wrote:
Yeah, I think the program will take off once it gets it's accreditation. It probably won't make much of a splash until it gets its AACSB stamp of approval, which could be a few years off, as they only just recently started this full time MBA program. Once that happens, I wouldn't be surprised if they debuted as as top 20-30 program, and then settled somewhere within the top 15 within the next ten years. Maybe that's a bit too far too fast, but Hopkins has the money, name and ambition.
Hopkins has the money for sure. But it's really hard for any program to be accredited and then immediately hit the Top 30. I agree that they have the ambition, and won't even have a business school in the first place if it couldn't be at least a Top 25 program perennially in the near future.
mike50000 wrote:
It would be nice if they stayed away from the classic consulting and banking tracks. With so many other B-schools competing in these spaces, why even bother?
It seems that many schools are tying to offer a more "ethical" approach or "global" approach. However, management/strategy consulting and banking are the big money items and are the way to increase GMAT score averages more quickly imo.
mike50000 wrote:
I think Hopkins Carey - by focusing on healthcare management, medical drug and device development, non-profit/social enterprise, and international business (in partnership with top ranked Nitze SAIS) - could carve out a really attractive "alternative" program. This flagship Global MBA program should lean heavily on Nitze, include a language requirement, and prefer students with impressive international experience (I like that this first class is 50% foreign and about 50% female). Maybe even build out a strong Washington DC campus as well... because 1. It's hard to see Baltimore as the center of anything very important and 2. sorry, but there are no really attractive programs in DC at the moment, and I'm sure a full time Hopkins Global MBA would find fertile ground.
Several things:
1. I agree that JHU needs a clear established campus location, whether it's DC or Charm City. Their website only says that students can take classes at four different locations, and that is a bit scattered.
2. The MBA program unfortunately doesn't really lean heavily with SAIS. SAIS offers a joint MA/MBA program with Wharton, Tuck, and INSEAD. SAIS has to cut ties with these schools soon if their MBA is going to be a Top 20 program, because a joint MA/MBA needs to be from the same institution if possible and JHU offers both degrees... Maybe the ties will be cut as soon as the MBA program gets AACSB accreditation.
3. I don't think that DC/Baltimore has "no attractive programs," but there is no bona-fide Top 20 program in DC. Georgetown is the best full-time program in the DC area, but from a full-time perspective, it is also a school that's in the tier below the Whartons and Kelloggs so maybe that's what you're talking about.
Kinda strange that DC doesn't even have a bona-fide elite university in general, where Georgetown is overall as close as it gets. Not saying that Georgetown isn't a great school overall since I'm applying there. But Georgetown isn't a Harvard or Yale. DC is a huge legal market but Georgetown is the only school in the elite T-14 tier and GW is right below them. UVA is probably the closest elite business and law school to DC, but it's also 100 miles away so I don't consider them a DC school.
4. As for health care, I agree that this is something Hopkins can exploit. I don't know if Duke and WashU do the same. GW does have an online Healthcare MBA fwiw.
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Let's say that JHU gets AACSB accreditation within the next couple years and the program starts rivaling Georgetown soon after (Top 25-ish) or maybe even better within five years. The part time market could be rocked as well, both in DC and nationally.
Locally: Georgetown only offers a lock-step evening MBA with no flexibility, and that doesn't work with some DC area locals who want or even need such flexibility. Hopkins offers these options and not to mention, they have four locations, which can work to their advantage. If JHU Carey trumps Georgetown 10 years from now, the part time market will look different locally, and could bump Georgetown's, GW's, and Maryland's rankings down for the Part Time Program.
Nationally: JHU offers a weekend MBA, and this is in line with Chicago, Kellogg, and NYU. Should JHU be a Top 15-20 program, they will definitely start reeling away some of the students who may otherwise be interested in those three schools and it could impact their rankings too...
I'm not applying to Hopkins, but I am interested to see what happens with their program in the future.