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Expert advice for Ross from Admissions Consultant blogs

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Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 31 Aug 2017, 17:01
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At Michigan Ross School of Business, MBA admissions director Soojin Kwon is a straight shooter who always strives to offer b-school hopefuls the clearest, most authentic application advice possible.

We think Kwon’s latest blog post on how she would answer this season’s MBA essays provides both concrete examples for the short answer questions as well as a great tip for how you might get the brainstorm session started.

As you know by now if targeting Michigan Ross, this year the school has decided to introduce a short-answer section with three groups of prompts. Applicants need to chose one prompt from each section and respond in 100 words or less.

“We want to get to know more about you than we would in a traditional essay where you’d talk at length about one topic,” Kwon explained in May when announcing the changes. “You’ll get to share different sides of yourself that will be relevant to your experience during business school.”

This week, the admissions director shares a helpful starting point for applicants, based on her experience with coworkers who asked Kwon the questions out loud.

“As a first pass, I responded verbally, to see what would come to mind first to each question, then picked the responses that felt the most ‘authentically me’ within each group,” Kwon writes. “If you’re like me, this may be an easier way to start the reflection process than staring at a blank screen.”

Click on over to the Admissions Director Blog to read exactly how Kwon answered these short-answer questions:

Group 1: I made a difference when…
Group 2: I was out of my comfort zone when…
Group 3: A valuable thing I have taught someone is…

“The hardest part of doing this wasn’t coming up with the ‘what’,” she reveals. “The hardest part was getting each word count down to 100 words. It required boiling each response down to its core elements. Every word had to be critical to the story. It was like solving a puzzle to try to balance content with brevity.”

Here at Stacy Blackman, we’ve coached Ross applicants by reminding them that the personal attributes most valued at Ross include community engagement and interpersonal, communication and teamwork skills. When you think about your short answers you may want to write about an important extracurricular moment, a challenge you overcame, or an event in your life that highlights something unique about your background.

Take note that these short answers are about getting to know you as a person, not as a collection of accomplishments. Your values and personal life will ideally shine through.

The Michigan Ross admissions team will host a webinar on Tuesday, August 29th from 1-2 pm CST.  Register today for more information about applying to Ross.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
Director
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Re: Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 31 Aug 2017, 17:02
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At Michigan Ross School of Business, MBA admissions director Soojin Kwon is a straight shooter who always strives to offer b-school hopefuls the clearest, most authentic application advice possible.

We think Kwon’s latest blog post on how she would answer this season’s MBA essays provides both concrete examples for the short answer questions as well as a great tip for how you might get the brainstorm session started.

As you know by now if targeting Michigan Ross, this year the school has decided to introduce a short-answer section with three groups of prompts. Applicants need to chose one prompt from each section and respond in 100 words or less.

“We want to get to know more about you than we would in a traditional essay where you’d talk at length about one topic,” Kwon explained in May when announcing the changes. “You’ll get to share different sides of yourself that will be relevant to your experience during business school.”

This week, the admissions director shares a helpful starting point for applicants, based on her experience with coworkers who asked Kwon the questions out loud.

“As a first pass, I responded verbally, to see what would come to mind first to each question, then picked the responses that felt the most ‘authentically me’ within each group,” Kwon writes. “If you’re like me, this may be an easier way to start the reflection process than staring at a blank screen.”

Click on over to the Admissions Director Blog to read exactly how Kwon answered these short-answer questions:

Group 1: I made a difference when…
Group 2: I was out of my comfort zone when…
Group 3: A valuable thing I have taught someone is…

“The hardest part of doing this wasn’t coming up with the ‘what’,” she reveals. “The hardest part was getting each word count down to 100 words. It required boiling each response down to its core elements. Every word had to be critical to the story. It was like solving a puzzle to try to balance content with brevity.”

Here at Stacy Blackman, we’ve coached Ross applicants by reminding them that the personal attributes most valued at Ross include community engagement and interpersonal, communication and teamwork skills. When you think about your short answers you may want to write about an important extracurricular moment, a challenge you overcame, or an event in your life that highlights something unique about your background.

Take note that these short answers are about getting to know you as a person, not as a collection of accomplishments. Your values and personal life will ideally shine through.

The Michigan Ross admissions team will host a webinar on Tuesday, August 29th from 1-2 pm CST.  Register today for more information about applying to Ross.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
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Re: Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 29 Sep 2017, 12:00
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The University of Michigan’s Stephen M Ross School of Business has $50 million new reasons to celebrate with today’s announcement that real estate developer and namesake alumnus Stephen Ross will make yet another major contribution to the school. The $50 million pledge brings the philanthropist’s total giving to nearly $400 million, and makes him by far the most prolific donor to the university.

According to a statement announcing the news, the bulk of this new gift will support career development programs for students, innovative action-based learning experiences such as student-run investment funds and new business ventures, and resources for attracting and developing junior faculty.

“It gives me enormous joy to continue to give back to the University of Michigan, an institution that had such a profound impact on my life,” says Mr. Ross in the statement. “I am extremely proud of the physical transformation we have achieved at the business school, creating modern, new facilities and places students and faculty and future leaders can thrive.

“It has become a world-class center of innovation and a magnet for attracting the best and the brightest students and faculty, and these new initiatives will even further enhance those efforts.”

The Michigan Ross School reveals that the new gift will create:
  • [b]A $16 million Student Success initiative[/b] that will help students develop career and professional skills, build a robust network of advisers and career advocates, personalize their learning journey, and access internships and career opportunities with leading companies around the globe. The Student Success initiative will help realize the vision of Michigan Ross as the most powerful career accelerator and best source of leadership talent in business education.
  • [b]A $16 million Stephen M. Ross Faculty Support Fund[/b] for faculty who develop academic innovations that advance the school’s commitment to action-based learning, interdisciplinary education and leadership development. The fund also will support expanded mentoring and coaching for junior faculty, prestigious junior faculty professorships and additional research support—all of which will help Michigan Ross attract and retain rising stars in business education.
  • [b]An $8 million Stephen M. Ross Student Investment Fund[/b] for academic programs and learning experiences in asset and investment management, including venture capital, private equity, commercial real estate and publicly traded securities. The fund will enable Michigan Ross to continue developing the world’s most innovative portfolio of student-run investment funds and build academic programs that accelerate student learning and career placement.
  • The rest, $10 million, goes toward completing and maintaining the Ross School campus.

“Now that we have a state-of-the-art, inspiring space for faculty, staff and students, our focus is on attracting great talent and creating the most action-based, transformative student experiences in business education,” says Ross School Dean Scott DeRue. “To help us realize our vision, Stephen Ross is once again directing his generosity to our school.

“Steve’s dedication and his unwavering commitment to excellence have greatly enhanced the reputation of our business school globally, and we are excited for the future of Michigan Ross.”

Mr. Ross signed the Giving Pledge in 2013, committing to give at least half of his wealth to charity. He earned his bachelor’s degree in accounting from the University of Michigan Business School in 1962. He went on to earn a law degree from Wayne State University in Detroit and a master of law degree in taxation from New York University.

 
***

If you are looking for guidance on your Michigan Ross MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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Re: Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 31 Oct 2017, 12:33
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The University of Michigan Ross School of Business is an academic powerhouse no matter which way you slice it. However, the top-ranked school still faces misconceptions and stereotypes that might dissuade some MBA hopefuls from applying, and admissions director Soojin Kwon is on a myth-busting mission in her latest blog post.

Here, in brief, are some of the common misconceptions Kwon would like applicants to get straight.

Myth #1 If you go to Ross, you’ll be “stuck” in the Midwest.

Truth: Not even close. Half of last year’s graduates headed for the coasts, and only about 20% remained in the South/Southwest and Midwest.

Myth #2 Top companies don’t recruit at Ross. 

Truth: The impressive stats of Ross students draw the cream of the recruiting crop:  Accenture, Apple Inc., Bain & Co, Deloitte, Ford Motor Company, Google, Johnson & Johnson, Tiffany & Co, and the list goes on and on…..

Myth #3 Ross isn’t strong in any concentrations.

Truth: “Ross is strong in many concentrations,” Kwon says, adding that, “In fact, Ross is second only to Stanford in terms of the number of academic specialties ranked in the top 10.”

Myth #4 All business schools have experiential learning; Ross is no different. 

Truth: “I get really excited when I hear this one, because it couldn’t be further from the truth! Ross offers students the most expansive suite of hands-on learning experiences across MBA programs,” Kwon says.

From student-run investment funds to starting or leading a real business, to advising an organization facing a real business challenge, Michigan Ross offers unparalleled hands-on opportunities for students.

As you can see, the Michigan Ross School has much more to offer than you might have suspected at first glance. If Ross isn’t already on your MBA shortlist, maybe it’s time for a second look.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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New post 30 Nov 2017, 12:02
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Nearly a third of students in some of the top MBA programs are international, which offers great professional and cultural diversity and enriches the classroom experience. But sometimes, international students face unique challenges during recruiting, when it comes time to start networking with potential employers.

Culture Shock, a new student group recently launched by second-year MBA students at the Michigan Ross School of Business, uses role play, one-on-one chats, and detailed tips to help boost the comfort level of international students during this stressful experience.

Taylor Johnson launched the group in partnership with fellow second-year MBA students Abhi Das and Parker Caldwell and said the idea for the group sprung from a year of chatting with her international student friends.

“One of the most enriching parts of coming to Ross has been meeting so many people from all over the world,” Johnson explained. “And as I became friends with international students and we were going through recruiting, we were all dealing with a lot of the same challenges.

“The challenges of recruiting are often amplified for those coming from other cultures, especially for non-native speakers. If it was hard for me, it was even harder for international students,” Johnson added.

The majority of international students at U.S. MBA programs come from Asia, where the cultural differences related to networking are stark. However, even European or Latin American students often find it awkward to send introductory emails or chat up strangers at networking events,  even though both practices are commonplace in the job-search process in this country.

“My friends from Latin America will say that things are very informal there and it’s all about conversation and connections,”  said Johnson. “It’s much more to the point in the U.S.”

Business school career centers do worry that these cultural differences can put international students at a disadvantage during their internship and job searches. But, through forums discussing communication differences, coaching workshops designed to help students develop elevator pitches for potential employers, and mock-interviews to troubleshoot areas of weakness, many of today’s MBA programs are making the networking customs of the U.S. much less daunting for international students.

Cultural acclimation can challenge even the most well-traveled individuals, but international MBA students have much to offer their American peers, and learning how to network “American-style” will put them on equal footing with their classmates when competing for those prime employment opportunities.

However, as Johnson points out, “This isn’t just ‘here’s how to recruit in America.’ This is about valuing each other’s culture and helping our international peers bring forth the richness of diversity in the recruiting process. We’re at an interesting time in our country and diversity is really important. The more that we can support that, the better off we’ll all be as people and the better off our community will be as a whole.”
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
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New post 30 Nov 2017, 12:03
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Giving students the opportunity to lead real businesses as part of the Ross experience has been a vision of Scott DeRue, the Edward J. Frey Dean of the Stephen M. Ross School of Business, since before he assumed his current role in 2016.

This fall, that vision became a reality as MBA students and BBA students are running actual businesses, starting businesses, and vetting business ideas for three major companies.

The idea was piloted with Shinola as a Multidisciplinary Action Project (MAP) in spring 2017. But to kick off an actual class, now called the Living Business Leadership Experience Course, Ross has added Ford Smart Mobility and The NRP Group to the companies partnering with students and the William Davidson Institute at University of Michigan. And there are more companies coming to the course in the winter-spring session.

“Learning by doing prepares students for the challenges of their careers by developing their abilities to think independently, function with limited data, manage ambiguity, collaborate effectively, and continually grow from their experiences,” says DeRue. “Developing these abilities is the principal objective of experiential learning and it forms the core of our academic philosophy at Michigan Ross.”
Shinola
The MAP experience with Shinola began as a study of whether the Detroit-based luxury brand could and should enter the men’s grooming category. Students examined every aspect of the business, including finance, marketing, and supply chain. Students also had to navigate the relationship between Shinola and a consumer-products giant with which the small company was partnering for the initiative.

The MAP experience immersed the first-year Ross MBA students in Shinola for seven weeks. And they have been reporting directly to Shinola CEO Tom Lewand, MBA ‘96, who is also on Michigan Ross’ Board of Advisers to the dean.

“This idea is not only a natural progression of the Ross approach and vision for learning business by doing business, but it is an amazing opportunity for Shinola to tap into incredibly smart minds to get a whole new line of business off the ground in a timely way,” says Lewand. “It would be difficult any other way given how busy we are and how stretched we are as we grow.”

“The Shinola brand can give a product a real boost…a cool factor that separates it from anything else in the category,” says team member Katherine Moriarty, MBA ’18. “A lot of our work was customer interviews and studying what people valued so we could best tailor the product insights into whether and how the Shinola brand would justify premium pricing in this category.”

In the end, though, Shinola and the students decided to back-burner the men’s grooming line it was exploring. For the fall ‘17 course, students have turned their attention to high-end audio. Shinola has been piloting the sale of a turntable and speakers at its stores, but wants to scale the audio business into a third tent-pole business line to complement its watches and leather goods.

Students are managing all aspects of this expansion, which includes the scaling of Detroit-based manufacturing, pricing, and marketing, and especially figuring out how the Shinola brand can best be merchandised to audiophiles who will be key to the product line’s credibility in the marketplace.
Ford Smart Mobility
Ross students are working with Ford Motor Co. on its Smart Mobility business, developing a global business plan for the unit that has autonomous driving at its core.

At the center of this work with Ford is the Transportation Operating System (TOS) that is a central part of the automaker’s plan to make the eventual launch of autonomous vehicles profitable.

Part of the challenge and opportunity for students with this business unit is that it requires that Ford work extensively with different cities and municipalities that have a huge stake in how autonomous driving is rolled out. The infrastructure to support all the technical capabilities of the TOS varies from city to city, state to state, and country to country.

The partnership with Ross not only encompasses students generating ideas for expanding the autonomous car business model, but eventually perhaps serving as a consultancy to city and state governments on their infrastructure investments needed to keep up with the transportation technology being developed by Ford and other automakers.

Elyse Hovanesian, BBA’18, is getting to do more hands-on work than she imagined. “Working for a real business has brought up the challenges and rewards I am used to only reading about in cases. While the work is more demanding and complex, I enjoy being part of the results and having an experience to prepare me for my career.”
NRP Group
The NRP Group, the Cleveland-based real-estate development company, has turned to Ross students to develop a scalable business model for its urban affordable housing projects.

The company has developed and constructed well over 27,000 residential units in 13 states, and manages more than 100 properties – encompassing 16,000 luxury, family, and senior rental units – in eight states. The company is a national leader in building both affordable and luxury apartment communities.

But NRP co-founder and principal David Heller says the new norm for building affordable urban housing is that companies like NRP must also provide social and support services to residents of their developments.

“This support can take many forms, including everything from mentoring services for at-risk teens to elder care. While we have achieved success stories to date, we are turning to Ross students to help us manage the efforts going forward and develop expertise such that we can offer consulting services to other companies that see the benefit of providing superior supportive services to residents,” says Heller.
Winter 2018
For the winter semester, the LBLE course will be adding three additional companies, which will be partners and offer students a unique hands-on opportunity to guide real businesses through the obstacle course that any company faces in their start-up period:
  • OOKLA
    The company is behind Speedtest, and is the global leader in internet testing and analysis. Speedtest has been used over ten billion times worldwide, and is the most accurate way to measure internet performance.
  • DAILY FUEL
    This digital media and news site/service, which brings subscribers daily content from thought leaders, business leaders, and others, is in ramp up, and students will be working to build out the business model.
  • A third company is being finalized for the course.

Faculty Mentoring
“The LBLE vision is to put students into an ambiguous, unstructured environment in which they must choose which tool, framework, or perspective to apply, and when. This is a capstone-style experience that is designed to distill and integrate the core and elective material they learn at Ross,” observes Bill Lovejoy, associate dean for specialty master’s programs, who oversees the Shinola team.

Current LBLE participants will help choose the next class of students. For more information about the Living Business Leadership Experience, visit the program site.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
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Re: Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 12 Feb 2018, 15:16
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Many MBA applicants make the same wrong assumption: No matter which top business school you attend, its teaching style will be more or less the same. While there are similarities across the top-tier programs, each school has a different teaching style. There’s the case method approach; lecture-based instruction; and the experiential learning and team-based focus approach. Some schools concentrate almost entirely on one style, while others employ a mixture.

Finding a fit in teaching style is important, and we advise clients to seek out a program where they can thrive and feel comfortable. However, this piece of the puzzle is often pushed aside, with more weight placed on factors like rankings, career center offerings, location and culture.

In fact, teaching style is often one of the last things applicants focus on. Although there are many different aspects of a program to consider as you select your target schools, we believe this one should have more weight, as it not only directly affects your enjoyment of your two-year investment, but the quality of knowledge that you walk away with.

• Case method: The case method approach was established by Harvard Business School more than a century ago and is still widely used at top MBA programs worldwide. With this method, students analyze and debate authentic management scenarios to create recommendations that the firm in question should employ in the future.

Harvard relies on case studies for approximately 80 percent of its instruction, and students at University of Virginia’s Darden School of Business are exposed to more than 500 cases in a variety of industries and functions during their two-year program.

Considered by many to be the gold standard in management education, the case method relies on lively class discussions with myriad points of view. A good case analysis requires a lot of preparation from students, who must feel at ease sharing their ideas in front of large groups.

Gregarious personalities will thrive in this environment, while shy individuals may cringe at the thought of showing up to class. This is not the learning environment for those uncomfortable speaking in front of strangers or those who fear they might say something embarrassing.

• Lecture: All top MBA programs include courses taught using a lecture format, though some schools stand out for their significant use of this traditional pedagogic technique. Carnegie Mellon University’s Tepper School of Business uses approximately 50 percent lecture-based instruction, while the lecture format at University of Southern California’s Marshall School of Business comes in as a close second at 48 percent.

The Anderson School of Management at UCLA, Vanderbilt University’s Owen Graduate School of Management and Said Business School at the University of Oxford use lectures about 40 percent of the time.

Fans of the lecture method believe this is the best way to concretely teach students the business concepts and theories they will need once they’re back in the work force. This environment may also be more comfortable for introverted students, as well as those who enjoy absorbing the wisdom of a seasoned professor.

In some instances, the lecture approach is simply the most expeditious way to get the information across. Columbia Business School devotes about 40 percent of class time to lecture and 40 percent to case studies.

Experiential approach: In recent years, more and more schools have expanded the experiential components in their curricula, adding in more team challenges, simulations, field work and extracurricular activities.

A leader in this area of action-based learning is the University of Michigan—Ann Arbor’s Ross School of Business, which has a seven-week, full-time consulting project known as the Multi-disciplinary Action Project. Ross connects first-year MBA students with corporate, entrepreneurial and nonprofit projects both in the U.S. and abroad that require thoughtful recommendations on organizational challenges.

Harvard Business School has the yearlong Field Immersion Experiences for Leadership Development course for first-year students, which offers small-group learning experiences that are experiential, immersive and field-based.

This hands-on approach to learning benefits those with an entrepreneurial spirit, as well as generalists who enjoy working in groups and want to learn how to get things done. Unlike the lecture and case methods, which focus on theory, experiential learning encourages students to learn by doing.

As you can see, there is significant variation in how material is presented in an MBA program. Take a close look at your personal preferences and learning style to find the business school that’s best for you.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
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Re: Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 30 Apr 2018, 10:57
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Business education news portal Poets & Quants is partnering with Ross School of Business at the University of Michigan for an interactive MBA panel event on May 1st that will address key questions about the MBA admissions process from prospective b-school applicants.

The live and live-streaming program, hosted by Poets & Quants founder and editor-in-chief John A. Byrne, will include admissions directors from Michigan Ross, UC Berkeley Haas School of Business, and Yale School of Management, as well as executives from top recruiters at Google, McKinsey, and Amazon. MBA program graduates will also be there to answer questions about the applicant, student and recruiting experiences.

Byrne calls this a unique event designed to provide a window into the whole MBA experience. “Over the course of three panels, students and alumni will get the inside scoop on finding the right MBA program, the application process, and finally what the top recruiters look for in an MBA — all streamed live to the Poets&Quants homepage and website.”

And as Ross admissions director Soojin Kwon explains in a recent update to her blog, “We will answer questions like: how we assess and weight each part of the application, and what to do if you have a less-than-stellar GPA.”

 The MBA Summit invites prospective students to attend the event in person on the Ann Arbor campus (seating is limited), or to register to view the livestream on May 1, 2018 at 9 a.m. ET. Learn more about the MBA Summit event and register  for this great opportunity today.

***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
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Re: Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 30 Apr 2018, 11:00
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We live in an era where analytics can make or break a company’s success, and employers need workers who understand and can manage one of today’s most important business issues.

Prospective MBA students looking to really hone their skills to develop data-driven business strategies should know that the University of Michigan’s Ross School of Business has just announced a new concentration in this area for the full-time MBA program.

Beginning in fall 2018, the Data and Business Analytics Concentration will launch under the leadership of Brad Killaly, associate dean of full-time and global MBA programs.  The FTMBA program began developing this concentration in 2017, spurred by feedback from students wanting a more specialized concentration focusing on big data.

“We’ve developed the Data and Business Analytics Concentration to meet the needs of today’s MBA student as well as today’s evolving business world,” says Killaly. “As students continue to seek careers in data-intensive industries, such as consulting and technology, Michigan Ross will offer the necessary business acumen that students can utilize to give themselves a competitive edge.”

Andrew Crisp, co-founder of education consultancy CarringtonCrisp, recently explained in the Financial Times (“Data science is the big draw in business schools”) that demand for big data courses is driven by an increase in lucrative job opportunities advertised for people with such qualifications.

This new, sharper focus on analytics will train Ross students in rigorous thinking and decision-making based on large data sets, rather than the isolated scenarios students might encounter in a typical case study.

Students in the concentration will take courses from an array of options that include big data management, marketing research, marketing engineering, advanced big data analysis, data mining, digital marketing, mobile innovation development, and information econometrics.

“We are excited to introduce the new data and business analytics concentration to the Michigan Ross FTMBA Program,” says Heather Byrne, Director of the Michigan Ross Career Development Office.

“Companies want individuals who can lead their organizations using data and thinking analytically. Our goal is to prepare students to explore career options in which they can apply these skills, and help companies source exceptionally-qualified talent.”
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
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Re: Expert advice for Ross from Admissions Consultant blogs [#permalink]

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New post 30 Apr 2018, 11:01
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The University of Michigan’s Ross School of Business has launched a brand-new concept in experiential learning called Ross Experiences in Action-Based Learning — REAL.

According to an announcement accompanying the launch, “REAL is a unifying concept that brings together the curricular and co-curricular opportunities that Michigan Ross students have now, and will have in the future, to start, advise, lead, and invest in real-world businesses.”

The four pillars of this initiative are:

REAL Start: Students develop a new business based on an original idea with the intent of achieving economic viability.

Michigan Ross students have the opportunity to take courses that have them developing real businesses as part of the curriculum, as well as co-curricular opportunities to develop their ideas can also lead to deeper mentoring, stronger business plan development, and large amounts of extra funding — the Michigan Business Challenge had its largest prize pool ever available for student startups this year.

REAL Advise: Student teams consult with a real-world organization on a pressing issue of strategic importance, providing substantive analysis and recommendations.

MAP remains the most immersive action-based program of it’s kind for full-time MBA students, sending the entire class of first-year students to work directly with an organization on solving a real business challenge.

This spring, Full-Time MBA students on MAP are partnering with more than 70 companies including  Facebook, Microsoft, Experian, Kraft, Google, and many more.

REAL Invest: Students manage seven focused investment funds, totaling more than $10 million in assets, in all aspects of their operations.

From early stage funds to funds that invest in more mature companies who are already making a profit, there are a diversity of experiences available to students interested in venture capital and fund management.

REAL Lead: In some of the newest REAL experiences available to Ross students, they assume functional responsibility for leading and operating an ongoing business concern, working with established corporate partners.

The Living Business Leadership Experience class, which kicked off last year, has students join teams working with companies like Shinola and Ford Smart Mobility. Read about how the teams working with Shinola this past semester were responsible for launching the company’s first ever line of headphones, in a recent post from one of the students responsible.

“I’m incredibly excited about the progress we’ve already made and the direction we’re heading,” said Scott DeRue, Edward J Frey Dean of Michigan Ross. “REAL represents the most comprehensive and effective experiential learning platform in business education, and it’s just getting started.”

You can learn more about Ross Experiences in Action-Based Learning courses and co-curricular opportunities here.
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If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.
Re: Expert advice for Ross from Admissions Consultant blogs   [#permalink] 30 Apr 2018, 11:01
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