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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]

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 MBA@amerasiaconsulting.com with comments or if you're looking for an expert admissions consultant to lead you through the application process.
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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
FROM Sloan Admissions Blog: Just released: MIT Sloan 2015 Recruiting schedule

Come meet the MIT Sloan admissions team and alumni this summer! We are hitting the road to meet prospective students from around the globe. We will be hosting MIT Sloan on the Road (SOTR) presentations, as well as attending various fairs and panels such as the Forte’ Forums and the MBA Tour. We also host on-campus information sessions throughout the summer.  We will share exciting stories about MIT Sloan, introduce you to to our alumni, and give you strategies and tips for the application process. Please see our admissions events page for event details and registration!

We look forward to meeting you this summer!








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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
FROM Sloan Admissions Blog: Just released: MIT Sloan 2015 Recruiting Schedule

Come meet the MIT Sloan admissions team and alumni this summer! We are hitting the road to meet prospective students from around the globe. We will be hosting MIT Sloan on the Road (SOTR) presentations, as well as attending various fairs and panels such as the Forte’ Forums and the MBA Tour. We also host on-campus information sessions throughout the summer.  We will share exciting stories about MIT Sloan, introduce you to to our alumni, and give you strategies and tips for the application process. Please see our admissions events page for event details and registration!

We look forward to meeting you this summer!








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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
FROM Sloan Admissions Blog: MIT Sloan’s Master of Finance Program (MFin) advances in global rankings of the Financial Times
I am happy to see t
he growth of the Master of Finance Program (MFin), which hosted its first five-year reunion this month. For the second year in a row, we have been ranked the top U.S. masters programfor early-stage finance professionals by the Financial Times and have improved our overall ranking to #5 in the world.

I am also excited to announce some new opportunities in our MFin Program. We now offer two concentrations, Capital Markets and Corporate Finance, which are optional but allow for specialized, focused study. In addition, the MFin experience is now being delivered in both a 12-month and an 18-month format, which begins this fall. While the degree requirements are the same for both, the 18-month pilot allows students to complete a summer internship and take additional electives.

We look forward to meeting you on the road

this summer!








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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
FROM Sloan Admissions Blog: MIT Sloan MBA Application Tips
We are busy putting the final touches on our application. We plan to have it go live by July 15! We have already shared our deadlines and new essay question with you. In this video, Jeff Carbone, Associate Director of Admissions, gives some tips for completing the application.



I would also like to note that the Admissions Office will be closed July 3rd in observance of Independence Day.

I hope you find these tips helpful.

We look forward to seeing you at one of our events this summer!








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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
The MBA Recruiting Process – Insights from Darden ’15 Grad and CEO of RelishMBA

Hello from the RelishMBA team, and congratulations on being admitted to the MBA Class of 2017! My name is Sarah, and I’m a recent Darden School of Business graduate who founded RelishMBA, an online recruiting platform built specifically for the business school recruiting market. As a recent grad who works full-time in the MBA recruitment space, I wanted to share some recruiting advice and tips to help you prepare for arriving on campus at Sloan.

The first thing to be aware of is that MBA recruiting is a long and intense process. Recruiting activities begin quickly once you’re on campus and they take up a huge amount of your time and energy for most of your first year. While virtually all top MBA students have great jobs available to them, finding those jobs can be frustrating and stressful, with relevant information often hard to find and a complex networking process that can be tough to effectively manage. I started RelishMBA to address these problems and make the process more efficient for both students and employers.

The summer is a great time to get started with recruiting processes (while you don’t have to worry about school, student clubs, social life, and the dozens of other activities that fill up your time during first year). Luckily, there are a few things you can do to prepare before school starts in August: Relax. Explore. Prepare.

Relax – business school is a big change from the working world; take a bit of time off. You deserve it and you’ll need the break!

Explore – In your time relaxing, begin checking out what industries and companies recruit MBAs. This is something RelishMBA helps with. Sign-up at RelishMBA.com to begin exploring employer’s company pages on MBA Careers specific for your school (“day in the life” alumni testimonials, on-campus presence, key points of contact, etc.).

Prepare – And lastly, get your resume ready. Below are some tips from my experience.
It’s also important to remember that once you’re on campus, you’ll be networking with recruiters and alumni frequently – and RelishMBA will help you here too, through relationship management tools that make it easy to stay on top of your networking game. Have any questions? Reach out anytime at recruit@relishmba.com.

Resume Tips:

1) Writing your resume is your first Marketing assignment

Your resume is essentially a one-page advertisement designed to sell your brand to employers. But as your first year marketing class will tell you, marketing is about a lot more than just a fancy design and a few well-placed buzzwords. Think about your audience (i.e. who will be reading your resume? Finance recruiters? Consultants? Marketers? Others?) and how you are positioning yourself with that audience (i.e. what work experiences would be most relevant or interesting to the recruiters reading your resume?).

For example, if you’re headed up to Wall Street, focus on the more quantitatively rigorous parts of your work experience, and try to make sure that your resume as a whole reflects an interest in and passion for finance and its associated disciplines. Future consultants will want to highlight problem-solving and analytical thinking. Marketers could talk about leading cross-functional teams or point out examples of especially effective communication.

And if you are not sure what you want to do, don’t sweat it – there are lots of you out there, and it’s no big deal for the next few weeks or months. But regardless of your eventual industry or function targets, remember: your resume is not just a chronicle of your past work achievements; it is an advertisement designed to effectively sell you and your brand to recruiters.

2) Be concise but specific

This is one of the more difficult parts of honing your resume: providing specific examples of relevant work accomplishments in a way that a recruiter can easily digest in a few seconds. Try starting each bullet point with a strong action word. Instead of saying something like “Helped to more than double sales during tenure in catchment area,” try something like “Launched blogger outreach program that increased web traffic by 72% and increased sales by 120%”.

These sorts of hard numbers are really helpful, especially since many recruiters will spend only a few seconds looking at your resume and those numbers stand out on the page. So it’s also important to be sure that your bullet points can be read and processed easily. And if you don’t have a lot of specific numbers to add to your resume, it’s still important to be specific about your accomplishments and to pick your words wisely.

3) Add some flair

You should be careful with how much flair you add to your resume, but it’s a good idea to think of ways to set yourself apart from the competition. The “Personal” section at the bottom of your resume, where you list hobbies, activities, and interests, is an easy place to hook a recruiter (or break the ice in an interview). Only mention things that are truly a part of your life, but still consider your audience and which of your hobbies or experiences might be of interest to the recruiters reading your resumes. Once you reach campus, you’ll hear plenty of stories about students who were able to land first or even second-round interviews largely on the basis of what seem like minor resume items.

Other ways to add flair:

-Were you kind of a big deal in college? It’s worthwhile to mention any particularly important or impressive extracurriculars from your undergrad days (particularly leadership roles), and including club affiliations and other school-specific positions can be a good idea once you get onto campus

-Recruiters are looking to hire real people, not business robots. Make sure your resume – the accomplishments you choose to mention, the structure and content of the Personal section – reflects your personality.

4) Don’t be careless

This is the part where we tell you that a few people every year submit resumes with misspelled words or mismatched fonts or other significant but easily avoidable mistakes, and that you could be one of those people if you’re not careful, and you think “I’d never be that much of an idiot,” and then you send your resume to McKinsey or Google with your name spelled wrong at the top. Don’t be that person.
Seriously, just get a friend to read it. Several friends. Have a resume-reading party. But don’t spell your name wrong.

Have any questions? Reach out anytime at recruit@relishmba.com

Sincerely,
RelishMBA Team
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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
FROM Sloan Admissions Blog: Application Launched for MIT Sloan MBA!
We are excited to announce that our MBA application for the class of 2018 is now live. This year we have three rounds. There are detailed instructions to help you through the process.

Stay tuned for more information on our evaluation process. In the meantime, be sure to check out our application tips and summer event schedule.

Please contact us if you have any questions. We look forward to receiving your applications!








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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
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Archived 'Calling All Sloan (MIT) Applicants' Topic
Hi there,
You've reached an old 'Calling All Sloan (MIT) Applicants' discussion which is now outdated and has been archived. No more replies are possible here.
Looking for the latest discussion? Check out this up-to-date Calling All Sloan (MIT) Applicants Discussion for the most recent conversations on this topic.
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Thank you for understanding, and happy exploring!
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Re: Calling all MIT-Sloan Applicants(2015 Intake) -Class of 2017 [#permalink]
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