{"id":35296,"date":"2016-12-15T07:29:39","date_gmt":"2016-12-15T14:29:39","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2016\/12\/not-all-business-school-roi-is-equal\/"},"modified":"2016-12-15T07:29:39","modified_gmt":"2016-12-15T14:29:39","slug":"not-all-business-school-roi-is-equal","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/not-all-business-school-roi-is-equal\/","title":{"rendered":"Not All Business School ROI Is Equal"},"content":{"rendered":"<div><a href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2016\/12\/GettyImages-519864150-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6950\" src=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2016\/12\/GettyImages-519864150-1.jpg\" alt=\"Top business school news.\" width=\"725\" height=\"482\" \/><\/a><\/p>\n<p><em>Which MBA programs offer the quickest return on investment?<\/em><\/p>\n<\/div>\n<p><span>Tensions run high for Round One applicants this week, some business schools\u2019 return on investment is more immediate than that of others, and programs look to invest in real estate and technology. Here\u2019s what\u2019s trending on the MBA landscape.<\/span><\/p>\n<h2><span>Decision week for early applicants <\/span><\/h2>\n<p><span>For those early-bird aspiring MBAs who applied to business schools during Round One, this is THE big week. This is the time they\u2019ll be receiving word from admissions officers on whether they\u2019ve gotten in or not. Unsurprisingly, the top-ranked business schools receive a large share of these Round One applicants. Typically around 35 percent to 40 percent of those who apply to the top ten business schools (HBS, Yale SOM, Dartmouth Tuck, etc.) apply during this time. <\/span><\/p>\n<p><span>There\u2019s an advantage to applying early, which helps explain why it\u2019s so popular: admissions rates tend to be higher when more seats are open. \u201cWe are hearing from admissions officers at elite programs that a shift toward round one applications continues,\u201d says one business school admissions expert. \u201cWe see plenty of anecdotal evidence that the season is shifting earlier and earlier. We already have applicants asking to sign-up for next year\u2014this would be unheard of in December 2003.\u201d <\/span><a href=\"https:\/\/poetsandquants.com\/2016\/12\/12\/big-decision-week-round-1-applicants\/\" target=\"_blank\"><span>(Poets &amp; Quants<\/span><\/a><span>)<\/span><\/p>\n<h2><span>ROI of an MBA<\/span><\/h2>\n<p><span>Over the course of your lifetime, you can earn $1M more with a professional degree like an MBA than you would with only a bachelor\u2019s degree. We know aspiring MBAs don\u2019t want to wait 50 years to see all the bonuses and benefits of their hard work, however. Some business schools offer their graduates faster average ROI than others.<\/span><\/p>\n<p><span>Online personal finance company SoFi recently conducted a study to look into which MBA programs offer the quickest ROI for graduates, and unlike some other lists, you won\u2019t necessarily see the top ranked programs on it. For example, San Diego State\u2019s <\/span><a href=\"https:\/\/cbaweb.sdsu.edu\/\" target=\"_blank\"><span>Fowler College of Business Administration<\/span><\/a><span> is among the leaders in this area. <\/span><\/p>\n<p><span>&#8220;Going to a business school like this is an investment,&#8221; said Chad Losee, admissions chief at HBS. Michelle Sisto, director of the MBA program at EDHEC Business School in France, adds, \u201cValue for money is a big concern.\u201d (<\/span><a href=\"https:\/\/www.businessbecause.com\/news\/mba-application\/4349\/10-business-schools-with-fastest-return-on-investment\" target=\"_blank\"><span>BusinessBecause<\/span><\/a><span>)<\/span><\/p>\n<h2><span>On the job training<\/span><\/h2>\n<p><span>MBA programs train tomorrow\u2019s business leaders through a variety of methods both inside and outside the classroom. Most include some sort of exposure to working in the boardroom as a way of ensuring students are practice-ready and prepared to hit the ground running after they graduate. These \u201cfield projects,\u201d as they are called, give students the confidence and know-how to succeed. <\/span><\/p>\n<p><span>&#8220;I learn through experience, and if I can be immersed in it and learn from my mistakes, then I can perform better,&#8221; said one student at the <\/span><a href=\"https:\/\/gociam.com\/\" target=\"_blank\"><span>California Institute of Advanced Management<\/span><\/a><span>. &#8220;Entrepreneurship, in some sense, is like performance art for business. It&#8217;s something a student must do to appreciate,&#8221; added Kyle Jensen, senior lecturer, associate dean and director of entrepreneurship at <\/span><a href=\"https:\/\/som.yale.edu\/\" target=\"_blank\"><span>Yale School of Management<\/span><\/a><span>. <\/span><\/p>\n<p><span>This should be important to you as aspiring MBAs, so ask some questions and do your research. (<\/span><a href=\"https:\/\/www.usnews.com\/education\/best-graduate-schools\/top-business-schools\/applying\/articles\/2016-12-12\/consider-business-schools-that-provide-work-experience?int=9dc208\" target=\"_blank\"><i><span>U.S. News &amp; World Report<\/span><\/i><\/a><span>)<\/span><\/p>\n<h2><span>Business schools of the future <\/span><\/h2>\n<p><span>Today\u2019s business schools are preparing for the future now by building start-of-the-art classrooms that integrate technology and best learning practices. But it\u2019s not free! These sorts of investments in students cost a great deal of money, but for the top business schools, there is luckily a lot to go around. <\/span><a href=\"https:\/\/www.kellogg.northwestern.edu\/\" target=\"_blank\"><span>Northwestern Kellogg School of Management<\/span><\/a><span>, for example, plans to commit over $220M to build a 410,000 square-foot lakefront education center. <\/span><a href=\"https:\/\/www8.gsb.columbia.edu\/\" target=\"_blank\"><span>Columbia Business School<\/span><\/a><span> is getting ready to build a new home in Manhattanville, an area of Harlem, promising \u201ca new home for generations of future leaders.\u201d<\/span><\/p>\n<p><span>Technology is revolutionizing our lives and we are moving in the direction it is taking us,\u201d says Diego Alc\u00e1zar Benjumea, vice president of <\/span><a href=\"https:\/\/www.ie.edu\/business-school\/\" target=\"_blank\"><span>IE Business School<\/span><\/a><span>. \u201cWe have invested 25 million euros in innovative learning projects over the last 15 years, and this learning space takes us to the next level of our commitment to technology immersion.\u201d (<\/span><a href=\"https:\/\/www.forbes.com\/sites\/mattsymonds\/2016\/12\/13\/discover-the-business-school-classroom-of-the-future\/#51d1deaa75e5\" target=\"_blank\"><i><span>Forbes<\/span><\/i><\/a><span>)<\/span><\/p>\n<p><i><span>Test Day on the horizon? Sign up for a <\/span><\/i><a href=\"https:\/\/www.kaptest.com\/gmat\/enroll?zip=&amp;tab=events\" target=\"_blank\"><i><span>free GMAT practice test<\/span><\/i><\/a><i><span> to gain winning insights into your performance.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Which MBA programs offer the quickest return on investment? Tensions run high for Round One applicants this week, some business schools\u2019 return on investment is more immediate than that of&#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-35296","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\/35296","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=35296"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/35296\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=35296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=35296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=35296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}