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At least we're still in the game :D
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I'm guessing they will cut waitlisters loose on the june 3rd update, but are holding on just in case some r3 admits don't put down deposit or some R1/R2 depositers pull out for better schools who admitted them from their waitlist
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By Paul Lanzillotti, Amerasia Consulting Group
Today's blog post is going to be the first in a series that covers business school rankings. More specifically, it's Amerasia's attempt at ranking top MBA programs by industry and based on publicly available data. Our motivation for doing this is quite simple - business school rankings differ quite drastically from publication to publication. US News seems to be the most consistent and widely followed. After Businessweek ranked Fuqua at number one, they decided to change their methodology.  Whether the two are correlated is up for debate. John Byrne over at "Poets and Quants" covered the change quite extensively here.

Regardless, we've never felt completely comfortable with the rankings because (to our knowledge) the raw data that drives the rankings has never been fully disclosed. Yes, we do know that the methodology (ranking model) has been discussed on relevant websites, but it's a cursory explanation of the process in our opinion. Also our opinion - that the process is still very much a black box.  So we decided to start over and see what we could come up with.  Most importantly we started with the very numbers that the school's career centers are reporting via their respective employment reporting.

Our opinion is that recruiting (i.e. who's hiring) drives most programs "investment" decisions - in students, faculty, courses, experiential initiatives, alumni outreach, etc.  So to know to what a specific MBA program is really all about, you need to see the end result. In other words, what industries are hiring MBA graduates and from what schools?

Now before we get into the numbers, a few words of caution. What we have done is our first attempt at a numerically based ranking and its not perfect. It's based on our interpretation of the numbers put forth by top business schools. Let us explain. Most MBA career centers report employment numbers according to the categories that we use in our rankings. Some schools break "industry" categories into further sub-categories. Other programs - i.e. Michigan Ross - roll up their industry categories under more general headers like "manufacturing". So you could be a "marketing" professional but be within the manufacturing industry. To be forthright, it's a little confusing. (This is why we have decided to exclude Michigan Ross from some categories until we gather a little more insight into their self-reported numbers.)

None-the-less, we have tried to make sense of it all and to do this we did combine some categories in order to get an apples-to-apples comparison across schools. Clear as mud?  That being said, we welcome any constructive feedback you may have. Either post your comments below or email us at [email protected].

Top MBA Programs in Finance (2015)
AKA THE RANKING OF BUSINESS SCHOOL PROGRAMS BY PERCENTAGE OF GRADUATES ENTERING THE FINANCE INDUSTRY IN 2014.
Our first ranking is "Finance" and Chicago Booth comes out on top.

[caption id="" align="alignnone" width="408"]
Top MBA Programs in Finance by Percentage of Graduates Entering the Industry (2015)[/caption]

 

Source Data:

We compiled this ranking based on information taken directly from the following MBA employment reports.
Haas

https://haas.berkeley.edu/groups/careercenter/reports/14-15ReportSummary.pdf

UCLA Anderson

https://www.anderson.ucla.edu/Documents/areas/adm/cmc/2014%20PARKER%20CMC%20Employment%20Report%2002.10.15%20LR.pdf

Stanford GSB
https://www.gsb.stanford.edu/sites/default/files/documents/Stanford%20GSB%20Employment%20Report%202013-14.pdf

MIT Sloan

https://mitsloan.mit.edu/pdf/Class_of_2014-intern_employment_report.pdf

HBS

https://www.hbs.edu/recruiting/mba/data-and-statistics/recruitingreport/

https://www.hbs.edu/recruiting/mba/data-and-statistics/employment-statistics.html

Wharton

https://www.wharton.upenn.edu/mba/your-career/career-statistics.cfm

Kellogg

https://www.kellogg.northwestern.edu/career_employer/employment_statistics.aspx

Chicago Booth

https://www.chicagobooth.edu/employmentreport/

Columbia

https://www8.gsb.columbia.edu/recruiters/employmentreport

NYU Stern
https://www.stern.nyu.edu/programs-admissions/full-time-mba/career/employment-statistics

Tuck

https://www.tuck.dartmouth.edu/careers/employment-statistics

Yale SOM

https://som.yale.edu/yale-som-connect/recruiting/employment-statistics

Michigan Ross

https://michiganross.umich.edu/our-community/recruiters

Duke Fuqua

https://www.fuqua.duke.edu/mba_recruiting/recruiting_duke/employment_statistics/

Cornell Johnson

https://www.johnson.cornell.edu/Career-Management/Employment-Report-for-Two-Year-MBAs

UVA Darden

https://www.darden.virginia.edu/recruiters-companies/hire-an-mba/employment-reports/
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FROM The Booth Experience: Bye Until Our Paths Cross Again – Part I
Spring is here in Chicago. As spring represents coming of fresh leaves and flowers, here at TBE we would like to welcome the new team. That also means it’s time to say final goodbye from your favorite bloggers. So let’s hear from each of us as we bid our final farewell and express our gratitude at having such … Continue reading Bye Until Our Paths Cross Again – Part I →
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By Paul Lanzillotti, Amerasia Consulting Group
OUR RANKING OF BUSINESS SCHOOL PROGRAMS BY PERCENTAGE OF GRADUATES ENTERING THE TECHNOLOGY INDUSTRY IN 2014.
Today's blog post is a follow up to our Top MBA Programs in Finance ranking. It's also our continued attempt at ranking top MBA programs by industry and based on publicly available data.

UC Berkeley Haas comes out on top when it comes to sending graduates (as a percentage of all graduates in 2014) back into the technology industry. UCLA Anderson is second, but it's not even close. Hands down, Haas is the place to be if you're into technology and want to work for a related firm in the industry.


BUYER BEWARE
Now before you get too far into interpreting the numbers, a few words of caution. What we have done is an inaugural attempt at a numerically based ranking and its not perfect. It's based on our interpretation of the numbers put forth by top business schools.
  • Let us explain. Most MBA career centers report employment numbers according to the categories that we use in our rankings. Some schools break "industry" categories into further sub-categories. Other programs - i.e. Michigan Ross - roll up their industry categories under more general headers like "manufacturing". So you could be a "marketing" professional but be within the manufacturing industry. To be forthright, it's a little confusing. (This is why we have decided to exclude Michigan Ross from some categories until we gather a little more insight into their self-reported numbers.)

None-the-less, we have tried to make sense of it all and to do this we did combine some categories in order to get an apples-to-apples comparison across schools. Clear as mud?
WHY WE USE EMPLOYMENT DATA TO RANK SCHOOLS
Our opinion is that recruiting (i.e. who's hiring) drives most programs "investment" decisions - in students, faculty, courses, experiential initiatives, alumni outreach, etc.  So to know to what a specific MBA program is really all about, you need to see the end result. In other words, what industries are hiring MBA graduates and from what schools?

We compiled this ranking based on information taken directly from the following MBA employment reports.

Haas https://haas.berkeley.edu/groups/careercenter/reports/14-15ReportSummary.pdf

UCLA Anderson https://www.anderson.ucla.edu/Documents/areas/adm/cmc/2014%20PARKER%20CMC%20Employment%20Report%2002.10.15%20LR.pdf

Stanford GSB https://www.gsb.stanford.edu/sites/default/files/documents/Stanford%20GSB%20Employment%20Report%202013-14.pdf

MIT Sloan https://mitsloan.mit.edu/pdf/Class_of_2014-intern_employment_report.pdf

HBS https://www.hbs.edu/recruiting/mba/data-and-statistics/employment-statistics.html

Wharton https://www.wharton.upenn.edu/mba/your-career/career-statistics.cfm

Kellogg https://www.kellogg.northwestern.edu/career_employer/employment_statistics.aspx

Chicago Booth https://www.chicagobooth.edu/employmentreport/

Columbia https://www8.gsb.columbia.edu/recruiters/employmentreport

NYU Stern https://www.stern.nyu.edu/programs-admissions/full-time-mba/career/employment-statistics

Tuck https://www.tuck.dartmouth.edu/careers/employment-statistics

Yale SOM https://som.yale.edu/yale-som-connect/recruiting/employment-statistics

Michigan Ross https://michiganross.umich.edu/our-community/recruiters

Duke Fuqua https://www.fuqua.duke.edu/mba_recruiting/recruiting_duke/employment_statistics/

Cornell Johnson https://www.johnson.cornell.edu/Career-Management/Employment-Report-for-Two-Year-MBAs

UVA Darden https://www.darden.virginia.edu/recruiters-companies/hire-an-mba/employment-reports/
FINALLY, DOES THE WORLD REALLY NEED ANOTHER BUSINESS SCHOOL RANKING?
We think "yes". We've never felt completely comfortable with the rankings because (to our knowledge) the raw data that drives the US News and Businessweek rankings has never been fully disclosed. So we decided to start over and with the very numbers that the school's career centers are reporting via their respective employment reporting.

That being said, we welcome any constructive feedback you may have. Email us at [email protected] with comments or if you're looking for an expert admissions consultant to lead you through the application process.
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By Adam Hoff and Paul Lanzillotti, Amerasia Consulting Group

Our updated 2015/2016 “How to Apply to Columbia” guide is now available for immediate download. This 12-page PDF is the starting point for prospective MBA applicants to CBS and is provided to at no cost.  Download the Columbia Business School Guide >

Columbia is one of the most interesting and unique business schools in the world, defined by what we see as a series of unique contradictions (no fault of the school’s, we might add).  It’s a program with incredible international resources, yet is a draw for many international candidates primarily because it is seen as so quintessentially “American” being in New York City.   And the location creates another curious push-pull, which is that being in Manhattan gives CBS a huge resource advantage and almost a “business school buffet” where students can access anything and everything they need … yet Columbia must battle against having a “commuter school” feel more than just about any other program by virtue of so many students already living in New York before attending.  Then, of course, there is the Employment Report.  Perhaps no other business school combines the traits of “incredible launching pad for careers” and “very concerned about applicants’ career goals” quite like Columbia.  On its face, many of these contradictions seem like problems, but they aren’t.  They can actually make for an incredible b-school experience … as well as a chance to candidates to thread a needle and show just how perfect they can be for Columbia.

What does this mean and what does it look like for your candidacy?  In a nutshell, it means that Columbia pays closer attention to your career goals (particularly in the short term) than any other business school … which is saying something considering how carefully most MBA programs are checking out short-term goals.  One might go so far as to call Columbia “paternalistic” in their approach, but at the very least, the school is being extremely cautious about who it admits into the program and is using career services as a sounding board to help determine whether specific career aspirations are achievable with a Columbia MBA.   Further, it means showcasing how you will get involved, be part of a community, and bring a unique, expansive perspective with you to campus.

All of this actually serves to create a wonderful opening for those students who are able to probably identify what matters most to Columbia and then communicate a desire to be part of the school’s transformation, while also showing a nuanced and balanced understanding of both the power and limitation of an MBA as it related to securing a job.

If that sounds intimidating, you can rest easy in knowing that we have created this 10-step approach to applying to Columbia.  The following guide will help you understand all of the key hot button issues and major thematic touch points – as well as critical admissions strategies – that will make or break your prospects for gaining admission to one of the world’s most famous business schools.

Download the Columbia Business School Guide >
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R1 waitlisted applicant from Mexico got the acceptance call at 1:30 central time approximately. Good luck to everyone!!

Where will you be attending?

I will be attending Booth, I was deciding but I already made my mind. Good luck to everyone!!
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FROM The Booth Experience: Bye Until Our Paths Cross Again, Part 2
Continuing from the earlier post this week, our bloggers this year bid you farewell as they turn over the reins to the new team of 2016. Linda Yan Wrapping up Strategy Symposium, a capstone seminar class taught by Harry Davis, has inspired me to look long and hard at my experience here at Booth and … Continue reading Bye Until Our Paths Cross Again, Part 2 →
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FROM The Booth Experience: Random Walk Guatemala 2014
Before school starts every fall, second year students lead a group of first year students on an amazing adventure to foster bonding and friendship. This is Guatemala through the eyes of Boothies….  
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The U.S. News has released its list of the top-ranked part time MBA programs.

Here are the top 10:

1. UC Berkeley (Haas)

2. U Chicago (Booth)

3. Northwestern (Kellogg)

4. NYU (Stern)

5. UCLA (Anderson)

6. U Michigan (Ross)

7 (tie). Carnegie Mellon (Tepper)

7 (tie). U Texas- Austin (McCombs)

9. Ohio State (Fisher)

10 (tie). U Minnesota- Twin Cities (Carlson)

10 (tie). USC (Marshall)

For the full list and details of the ranking methodology, visit the rankings. We offer comprehensive consulting services for both full- and part-time MBA applicants!





Related Resources:
• Ace the EMBA
• Tips for Applying to Part-time MBA Programs
• The MBA Family: A Roundup and Overview
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Does anyone know when the next update for all of us waitlisted to Booth will be? I thought would be today, but now I'm not so sure.
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Does anyone know when the next update for all of us waitlisted to Booth will be? I thought would be today, but now I'm not so sure.
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Does anyone know when the next update for all of us waitlisted to Booth will be? I thought would be today, but now I'm not so sure.

I believe the email stated that we would receive an update today - June 5th.

Perhaps updates will happen in the afternoon...
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gmat1238974325
Does anyone know when the next update for all of us waitlisted to Booth will be? I thought would be today, but now I'm not so sure.

I believe the email stated that we would receive an update today - June 5th.

Perhaps updates will happen in the afternoon...

email states "after june 5th" so next week
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Actually the email says "on June 5, 2015" not after.
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When was/is the next commitment/deposit date for individuals accepted in earlier rounds?
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When was/is the next commitment/deposit date for individuals accepted in earlier rounds?

It was today (the deposit for earlier rounds). I guess now they have a better idea of who is attending and can start pulling from the waitlisters if need be.
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