{"id":30750,"date":"2015-10-01T08:51:55","date_gmt":"2015-10-01T15:51:55","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2015\/10\/top-mba-programs-fuel-unicorn-startups\/"},"modified":"2015-10-01T08:51:55","modified_gmt":"2015-10-01T15:51:55","slug":"top-mba-programs-fuel-unicorn-startups","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/top-mba-programs-fuel-unicorn-startups\/","title":{"rendered":"Top MBA Programs Fuel \u201cUnicorn\u201d Startups"},"content":{"rendered":"
\"Learn<\/a><\/p>\n

Stanford GSB introduces two new questions for applicants.<\/em><\/p>\n<\/div>\n

From new essay questions for Stanford GSB applicants to the elusive billion-dollar startups founded by alumni of top MBA programs\u2014check out what\u2019s happening on the business school landscape.<\/span><\/p>\n

\u201cUnicorns\u201d produced by top MBA programs<\/b><\/h4>\n

Just half a dozen of the world\u2019s top MBA programs have produced a combined total of 40 \u201c<\/span>unicorn<\/span><\/a>\u201d\u2014startups valued at or above $1 billion. You can probably imagine why they\u2019re called unicorns\u2026 they are something of a rarity. Topping the list is Stanford GSB, whose alumni have produced 11 separate billion-dollar ideas. Similarly, <\/span>Harvard Business School<\/span><\/a> graduates lay claim to having started ten unicorns that have raised $2.9 billion. If we expand the list, you\u2019d find the top 25 MBA programs have created unicorn startups, collectively raising nearly $63 billion. All of this success comes as business school graduates slowly move away from corporate careers. Data shows that 36% of MBAs who graduated from top-ranked programs have founded startups. (<\/span>BusinessBecause<\/span><\/a>)<\/span><\/p>\n

Business school applicants booming<\/b>\u00a0<\/strong><\/strong><\/h4>\n

The Graduate Management Admission Council (GMAC), the organization that writes the GMAT, just released some remarkable figures. MBA programs are experiencing the highest U.S. applicant volume since 2009. According to GMAC, 59% of business schools said that American applicants to full-time, two-year programs increased during 2014. Prospective MBA students from the United States still only constitute 45% of the total applicant pool for American business schools though. In some good news for prospective students\u2019 bank accounts, GMAC also finds that employers are more likely to fund online MBAs for their employees than they were in 2014. (<\/span>Bloomberg Businessweek<\/span><\/i><\/a>)<\/span><\/p>\n

Getting in at Kelley<\/b><\/h4>\n

Bloomington, Indiana is a legendary college town. A great city, plus great athletics, can make for a wonderful undergraduate experience\u2014but what about aspiring MBAs? Luckily, <\/span>Indiana University\u2019s Kelley School of Business<\/span><\/a> offers an outstanding program. In this article, the school\u2019s admissions director describes how he and his team evaluate the more than 1,200 prospective students who apply every year and how they decide on who will fill the 185 slots in each incoming class. \u201cWe\u2019re really looking at what [applicants are] able to contribute, what they want to take advantage of, and the degree to which we\u2019re going to be able to help them achieve their career goals.\u201d he says. (<\/span>Poets & Quants<\/span><\/a>)<\/span>\u00a0<\/strong><\/strong><\/p>\n

Female applicants make strides<\/b>\u00a0<\/strong><\/strong><\/h4>\n

There are more women enrolled in college than men, and the gender ratio among medical and law students is nearly equal. So what the heck is the matter with business schools, where male students continue to heavily outnumber female students? The good news is that things are slowly changing. Recently released data from top-ranked U.S. business schools shows that many MBA programs have made significant strides in enrolling more women, with many top MBA programs boasting a female student population of more than 40%. \u201cIn the past two years this issue has gone from being on the radar of deans to being a priority,\u201d says Elissa Sangster, the executive director at the <\/span>Fort\u00e9 Foundation<\/span><\/a>, a non-profit whose goal is to increase enrollment among women. (<\/span>The Financial Times<\/span><\/i><\/a>)<\/span>\u00a0<\/strong><\/strong><\/p>\n

Stanford GSB essays<\/b><\/h4>\n

Despite some well-publicized drama within the school\u2019s administration (as we discussed in <\/span>earlier blog posts<\/span><\/a>), Stanford GSB remains a top MBA program, among the most competitive in the country. With its physical proximity to Silicon Valley, it\u2019s a perfect jumping off point to get work in the tech world. In addition demanding a sterling GMAT score and outstanding GPA, Stanford GSB is also keen on learning about you as a person. That\u2019s why they\u2019re asking two open-ended question that applicants must answer in just 1,150 words: \u201cWhat matters most to you, and why?\u201d and \u201cWhy Stanford? Enlighten us on how earning your MBA at Stanford will enable you to realize your ambitions.\u201d We warned you they were open-ended! Read this article to get some insight into answering the new questions. (<\/span>Business Insider<\/span><\/i><\/a>)<\/span><\/p>\n

Ready to kick your business school candidacy into shape? Challenge yourself to our <\/span><\/i>free 20-minute GMAT workout<\/span><\/i><\/a>.<\/span><\/i><\/p>\n

The post Top MBA Programs Fuel \u201cUnicorn\u201d Startups<\/a> appeared first on Business School Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stanford GSB introduces two new questions for applicants. From new essay questions for Stanford GSB applicants to the elusive billion-dollar startups founded by alumni of top MBA programs\u2014check out what\u2019s…<\/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-30750","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\/30750","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=30750"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/30750\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=30750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=30750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=30750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}