{"id":29713,"date":"2015-07-24T07:37:12","date_gmt":"2015-07-24T14:37:12","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2015\/07\/mba-news-better-business-education-networking-recruiting-up\/"},"modified":"2015-07-24T07:37:12","modified_gmt":"2015-07-24T14:37:12","slug":"mba-news-better-business-education-networking-recruiting-up","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/mba-news-better-business-education-networking-recruiting-up\/","title":{"rendered":"MBA News: Better Business Education Networking, Recruiting Up"},"content":{"rendered":"<div><a href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2015\/07\/3170080529_af20f09cfa_z.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5371 size-medium\" src=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2015\/07\/3170080529_af20f09cfa_z-300x225.jpg\" alt=\"The latest news in business education.\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p><em>What does Harvard Business School really look for in its MBA candidates? Credit: <a title=\"Harvard Business School\" href=\"https:\/\/www.flickr.com\/photos\/davidcjones\/3170080529\/in\/photolist-5Q8uuR-9XJLCe-rL4Fdp-rHLXKu-qP4RFY-rtv2wC-rtv32f-rtBqYK-rKYxAM-rKYvtR-rKXi81-9sr57S-61PAt-61PkX-61PAp-61Pn5-61P1G-61PjG-61P2L-61P1t-61P1g-61Pjf-61Pjy-61P19-61P2b-8c1S7S-6pbfSe-ayE1cj-6krWdj-61PiZ-61P2D-61P3b-61P2e-61P31-61P1S-61P2j-61PkH-61P1z-61Pms-61P2S-61Pmd-61PjX-61Pn9-61Pkc-61P2v-61PjS-61PmJ-61PAg-61Pjr-61Pmh\" target=\"_blank\">David Jones<\/a> via Flickr <a title=\"creative commons\" href=\"https:\/\/www.flickr.com\/creativecommons\/\" target=\"_blank\">cc<\/a><\/em><\/p>\n<\/div>\n<p>From noteworthy MBA networking tips to wowing the Harvard Business School admissions committee\u2014it\u2019s been a sizzling month of business education news. Keep reading to find out what\u2019s going on.<\/p>\n<h4><b>Networking niches<\/b><\/h4>\n<p>Do the networks you build in business school determine your post-graduation destiny? Sometimes, yes. So, enrolling in the right MBA program\u2014with the right MBA network\u2014makes a big difference. For example, if you decide to pursue a degree at NYU\u2019s Stern School of Business, you might rightfully expect to hobnob with people who work in investment banking. Remember, networking doesn\u2019t take place just at cocktail parties, mixers, or kayaking trips. It could mean simply sending an email to a fellow alumni in the industry whose <a title=\"linkedin\" href=\"https:\/\/www.linkedin.com\/\" target=\"_blank\">LinkedIn <\/a>article you enjoyed reading. As long as you come across as genuine, it can go a long way. Business folk are pretty good about recognizing phoniness, so be yourself. It\u2019s all about rapport. <a title=\"Poets &amp; Quants\" href=\"https:\/\/poetsandquants.com\/2015\/07\/17\/the-best-networking-strategies\/\" target=\"_blank\">(Poets &amp; Quants<\/a>)<\/p>\n<h4><b>MBAs have less student debt<\/b><strong><strong>\u00a0<\/strong><\/strong><\/h4>\n<p>Law and medical students often borrow upwards of $100,000 to secure their degrees\u2014though, given such lucrative professions, loan repayment is perhaps less worrisome than for other graduate students. The issue, however, is that many doctors won\u2019t start earning a lot of money until they hit 30. As for lawyers\u2014the job market isn\u2019t what it used to be. MBAs students are different. True to their calling, most aspiring MBA students spend a good deal of time planning out how to finance their education. Research shows that because MBA programs are only two years long, and because many graduates land high paying jobs quickly, not nearly as much debt builds up. The student debt that does accrue is usually paid back shortly after graduation. That said, be sure to plan out how you plan to cover tuition\u2014the less student debt, the better. (<a title=\"npr\" href=\"https:\/\/www.npr.org\/sections\/money\/2015\/07\/15\/422590257\/medicine-law-business-which-grad-students-borrow-the-most\" target=\"_blank\"><i>NPR<\/i><\/a>)<\/p>\n<h4><b>MBA recruiting Up<\/b><strong><strong>\u00a0<\/strong><\/strong><\/h4>\n<p>We don\u2019t mean to encourage you to aim lower in terms of where you plan to enroll in business school. Nonetheless, here\u2019s some empirical data showing you how good the market is for graduating MBAs\u2026 especially at lower ranked schools where recruiting of new hires is up. Recruiters have traditionally overlooked lower ranked programs in favor of top ranked institutions, and it\u2019s hard to say how long this trend will last. <a title=\"lowest paid mba\" href=\"https:\/\/poetsandquants.com\/2015\/01\/11\/highest-lowest-paid-mbas-of-2014\/\" target=\"_blank\">Data <\/a>continues to show, however, that apart from recruiting opportunity, those who graduate from higher ranking schools tend to earn more money. (<a title=\"quartz\" href=\"https:\/\/qz.com\/454497\/who-needs-harvard-the-job-market-for-even-low-ranked-business-schools-is-heating-up\/\" target=\"_blank\"><i>Quartz<\/i><\/a>)<\/p>\n<h4><b>What Harvard Business School really wants<\/b><\/h4>\n<p>Is your heart set on <a title=\"harvard business school\" href=\"https:\/\/www.hbs.edu\/\" target=\"_blank\">Harvard Business School<\/a>, which is most decidedly NOT low ranked? One admissions consultant has outlined the leading traits that will help you stand out to the HBS admissions committee. Among them: 1) high-impact leadership, 2) service, 3) passion, 4) vision, and 5) integrity. As she explains, it\u2019s not \u201cWhat do you think?\u201d but \u201cWhat would you do?\u201d \u00a0(<a title=\"business insider\" href=\"https:\/\/www.businessinsider.com\/traits-harvard-looks-for-in-mbas-2015-7\" target=\"_blank\"><i>Business Insider<\/i><\/a>)<strong><strong>\u00a0<\/strong><\/strong><\/p>\n<h4><b>Flipping business education<\/b><\/h4>\n<p>If business education is going to improve, then it\u2019s going to require some new thinking. Specifically, it may take innovation in what\u2019s taught in the classroom and how it\u2019s delivered. As one <a title=\"stanford business school\" href=\"https:\/\/gsb.stanford.edu\/\" target=\"_blank\">Stanford <\/a>MBA student put it, \u2018We are talking about doing business in Silicon Valley here, so it would feel a bit strange if we were not using the most sophisticated technology.\u201d Such innovation includes the \u201cflipped\u201d classroom, where students have to read and watch course materials before attending class, which is reserved exclusively for discussion. (<a title=\"The Financial Times\" href=\"https:\/\/www.ft.com\/intl\/cms\/s\/2\/a8fa73c2-23cb-11e5-bd83-71cb60e8f08c.html#axzz3gRxILkq0\" target=\"_blank\"><i>The Financial Times<\/i><\/a>)<strong><strong>\u00a0<\/strong><\/strong><\/p>\n<p><i>For more breaking business education news and chatter, follow <\/i><a title=\"kaplan test prep news\" href=\"https:\/\/www.twitter.com\/@KapTestNews\" target=\"_blank\"><i>@KapTestNews<\/i><\/a><i>. Then put your GMAT prep to the test by answering one of our <\/i><a title=\"free gmat prep\" href=\"https:\/\/www.kaptest.com\/gmat\/gmat-practice\/free-gmat-practice-questions-workout\" target=\"_blank\"><i>free daily practice questions<\/i><\/a><i>.<\/i><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/2015\/07\/24\/mba-news-better-business-education-networking-recruiting-up\/\">MBA News: Better Business Education Networking, Recruiting Up<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\">Business School Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What does Harvard Business School really look for in its MBA candidates? Credit: David Jones via Flickr cc From noteworthy MBA networking tips to wowing the Harvard Business School admissions&#8230;<\/p>\n","protected":false},"author":120,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,558,243,940],"tags":[],"class_list":["post-29713","post","type-post","status-publish","format-standard","hentry","category-gmat","category-kaplan-blog","category-blog","category-gmat-prep-gmat","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/29713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/120"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=29713"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/29713\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=29713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=29713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=29713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}