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MBA Admissions News Round Up

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  • CMU Tepper's Provost and Executive Vice President, Mark S. Kamlet, was recently appointed Acting Dean of the business school effective January 1, 2011. The current dean, Kenneth Dunn, will be stepping down on that date, and Kamlet will serve in his place until a new dean is chosen. (Source: CMU Tepper Press Release, Dec. 16, 2010)
  • Yale SOM received a $50 million pledge from school alum, Ned Evans '64. The gift is the largest in the b-school's history and will support the construction of its new campus. According to Dean Sharon Oster, "the gift will help SOM expand its influence in scholarship and practice and further its involvement in the Yale community." (Source: Yale Daily News, "SOM receives $50M pledge")
  • An article by Richard Lyons, dean of UC Berkeley Haas, highlights the ways in which leadership can help reduce the world's unsustainabilities. One point Lyons makes is that b-school need to construct their curriculums to create "path-bending" leaders who are competent in problem framing, experimentation, influence without authority, and managing ambiguity and conflict. He also calls for change in the way business schools approach admissions and culture. Read The Economist's "The MBA Goes Back to School" for more.
  • Alumni giving is on the rise compared to the number of b-school graduates who donated money last year, but the dollar amount of those donations has dropped. Donations (both in the number of donors and the amount of money) are still not up to par with pre-recession giving, reports a Businessweek article "B-School Alumni Giving Is Up—Sort Of." "What studies have been showing is that giving has been coming back to a certain extent, but it is not robust," explains William Jarvis of the Commonfund Institute. "Giving remains subdued compared with what it had been before the downturn."
  • Michigan Ross's Director of Admissions, Soojin Kwon Koh, wrote an article for the Ross website titled, "Use the interview to add dimension to the paper version of you," in which she discusses ways in which you can best prepare for your admission interview. The advice, which includes tips like "Be professional" and "Know yourself" apply to all interviewees, not just those interviewing at Ross. You can find similar advice on how to distinguish yourself during your interview by signing up for Accepted's Interview Prep Course, a FREE 5-part email course.
  • What do you hope to be asked during your MBA admissions interview? Let us know what you think when you enter Accepted.com's Facebook Fans MBA Face-Off Contest! You could win interview prep resources valued up to $50!

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