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Is Silicon Valley changing its tune about recruiting business school grads?
From the rise of online programs to MBA admissions officers giving more weight to the GMAT than the GRE—here’s the top stories in the world of business school.
MBA admissions at HBS
As far as MBA admissions goes, Harvard Business School is about as competitive as they come. Ranked #1 by U.S. News & World Report, HBS dings the vast majority of its applicant pool. Top GMAT scores, strong work experience, high GPA, and compelling essays are the minimum for landing an interview. But what exactly do HBS admissions officers ask you during the interviews? One MBA admissions consultants has the following to say: “A unique type of question you may be asked by a Harvard Business School interviewer deals with how friends or coworkers would describe you.” (Business Insider)
Considering an online program?
Technology in education has sure come a long way, especially in the past few years. More and more institutions of higher learning are embracing innovation to reach students in relevant ways. Business schools are no different—and many have been offering online programs for distance learners. But is applying to an online program the right move for you as an aspiring MBA? Ask yourself a few important questions before deciding if it’s a good fit. (U.S. News & World Report)
It’s an MBA’s market
Now is a great time to earn your MBA. While MBA admissions remains fiercely competitive, surveys shows that things on the other end make the grind of getting in and studying all worthwhile. According to the MBA Career Service and Employer Alliance poll of over 80 MBA and specialized master’s programs, nearly two-thirds have experienced a jump in on-campus recruiting. “The positive trend we’ve observed extends from traditional full-time MBA programs through part-time MBA and specialized master’s degrees,” said Damian Zikakis, president of the MBA CSEA and director of career services at Michigan’s Ross School of Business.
MBAs heading to Silicon Valley
It seems that the tech giants of Silicon Valley have a new appreciation for business schools graduates. There was a time not too long ago when MBAs were seen as too out of place, or perhaps even “overqualified” to work in Silicon Valley. “Many of these companies are now growing so fast that they need the strategic thinking and leadership skills provided by an MBA. As a result they are coming to us more often,” said an official with UCLA’s Anderson School of Management. Thirty percent of UCLA’s 2015 graduates took jobs at tech companies. (The Financial Times)
GMAT vs. GRE
As you may know, the GMAT isn’t the only player in town when it comes to MBA admissions. For the past decade, the GRE, primarily the entrance exam for non-MBA graduate programs, has made a major play for business schools to accept them as well. In 2009, according to Kaplan survey, just about one-quarter of business schools accepted the GRE; today, that percentage has reached 90%. Yet, Kaplan research has also shown that students who take the GMAT may still have an advantage over GRE takers. As the admissions director at Carnegie Mellon’s Tepper School of Business says, “For anyone taking the GRE, there’s no penalty per se for someone taking it. But for a program like ours, the GMAT provides an additional data point that we find interesting, which is the integrated reasoning score.” (FindMBA)
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The post GMAT May Hold MBA Admissions Edge Over GRE appeared first on Business School Insider.
