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MBA Admissions News: CEOs, EMBA Salaries, iPads, and More!

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  • A BusinessWeek article discusses the disproportionate number of Fortune 500 CEOs who trace their educational credentials to Ivy League schools, in particular to Harvard, Columbia, and Penn. Of the 500 "corporate bigwigs," nearly 100 come from one of these three schools (from both the undergrad and graduate pools). Also, only 174 of the 500 CEOs have MBAs. 200 have no graduate degree at all, and 19 never even graduated college. (Source: "Harvard, Columbia, Penn Claim Most Fortune 500 CEOs," BusinessWeek)
  • My, how times have changed! Check out The MBA Show's video on the (heavily dramatized) awarding of the first Harvard MBA – "Here's to C-students finally having a professional school that they can attend."
  • An Executive MBA Council press release reveals the results of the Executive MBA Council 2010 Student Exit Benchmarking Survey. In 2010, EMBA graduates earned, on average, 11.4% more from the beginning of their programs to the end, compared to a 9.4% increase in 2009. 37% of students received promotions by the end of their program, and 68% reported that they received new responsibilities during the course of their program.
  • Traditional letters of recommendation are fixtures of the past at Notre Dame's Mendoza College of Business, reports a recent Wall Street Journal article. Instead, recommenders are required to provide a Personal Potential Index (PPI) score – a grade based on an applicant's creativity, communication, and resilience from "below average" to "truly exceptional." Additional written feedback is optional.
  • Finally, a slew of articles point to the Apple iPad as the hottest new b-school accessory. According to a U.S. New article, "M.B.A. Programs Are Biting Apple's iPad," "Students are enamored with the devices and business professors are warming to them." According to a Wall Street Journal article on the subject, MIT adcoms are just as enthralled with the iPads as the students are. And a third article, BW's "Apple iPad Enters the MBA Classroom," discusses how iPads are starting to replace textbooks in MBA classrooms. 

Still don't have an iPad? Enter Accepted.com's MBA Interview iPad Giveaway by filling out an interview questionnaire after each of your MBA interviews. Each questionnaire counts as a single entry towards the iPad drawing! Share your experiences and gain a chance to win the hottest gadget of the year! 

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