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# The mbaMission Blog

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Joined: 25 Apr 2013
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Joined: 25 Apr 2013
Posts: 4411
Own Kudos [?]: 336 [0]
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MBA Admissions Myths Destroyed: I Need to Tell It All! (Part 1) [#permalink]
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GMAT Impact: How to Solve Any Sentence Correction Problem, Part 2 [#permalink]
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Monday Morning Essay Tip: How Will You Contribute to the Program? [#permalink]
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MBA News: Applications from Energy Professionals Appear on Rise After [#permalink]
 FROM mbaMission Blog: MBA News: Applications from Energy Professionals Appear on Rise After Oil Plunge The recent plunge in oil prices has triggered a movement that might reach even the MBA market. According to an article in Forbes, the falling oil prices resulted in 21,322 lost jobs in January alone, the majority of which were seen in the energy industry. In a recent Wall Street Journal piece, MBA program admissions officers speculate that the issues in the energy industry might result in higher MBA application rates and thus a larger number of energy sector professionals entering business school in the fall. Harvard Business School Dean Nitin Nohriatold the WSJ last month that he has “been surprised by a sudden jump in applications from the energy industry.”Given that application season is still under way, statistics for the possible increase are not yet available. The WSJ reports that Duke’s Fuqua School of Business, Rice University’s Jones Graduate School of Business, and the University of Texas at Austin’s McCombs School of Business have all noted increased energy-sector applications. Now that oil prices havedropped by more than half since this past June and could possibly keep falling, only time will tell how MBA admissions will be affected.
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B-School Chart of the Week: MBA Intellectual Capital Rankings 2014 [#permalink]
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Professor Profiles: Sankaran Venkataraman, UVA’s Darden School [#permalink]
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Beyond the MBA Classroom: MBgAy Party at Michigan Ross [#permalink]
 FROM mbaMission Blog: Beyond the MBA Classroom: MBgAy Party at Michigan Ross When you select an MBA program, you are not just choosing your learning environment but are also making a commitment to a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school.The student group Ross Out for Business hosted its first school-wide event, called MBgAy, in 2009, making it one of the newer events on the Michigan Ross social calendar. The party/fundraiser, which sold out very quickly, was held at a club in Ann Arbor and featured a drag fashion show followed by dancing—the event has since become an annual affair. Profits are split between a selected charity and the club’s scholarship fund for lesbian, gay, bisexual, and transgendered students. One first-year student we interviewed just days after the February 2011 party described the event as a “must see—for everyone.” In 2015, as in past years, a portion of the proceeds raised went to support the Trevor Project, a national organization providing suicide and crisis intervention for gay, lesbian, bisexual, transgender, and questioning youth.For in-depth descriptions of social and community activities at Michigan Ross and 15 other top MBA programs, check out the mbaMission Insider’s Guides.
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Diamonds in the Rough: Wisconsin School of Business at the University [#permalink]
 FROM mbaMission Blog: Diamonds in the Rough: Wisconsin School of Business at the University of Wisconsin-Madison MBA applicants can get carried away with rankings. In this series, we profile amazing programs at business schools that are typically ranked outside the top 15.Applicants who have clear objectives for their post-MBA career may find that choosing a business school curriculum with focused career specializations can be beneficial. The Wisconsin School of Business at the University of Wisconsin-Madison offers a uniquely applied learning experience for ten areas of specialization:Arts administrationBrand and product managementCorporate finance and investment bankingInvestment research and portfolio managementMarketing researchOperations and technology managementReal estateRisk management and insuranceStrategic human resource managementSupply chain managementImmersive engagement begins early in the program, simultaneously with first-year core courses. For example, during their first semester, student teams work to perform an integrated company analysis of a publicly traded company of their choosing. By the time students break out into courses within their designated focus, they are ready to gain hands-on experience through applied projects. Investment research and portfolio management students, for example, practice managing a portfolio with more than \$50M in assets, while many other areas of specialization involve partnering with businesses and organizations.
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MBA News: Cornell Johnson Unveils New Curriculum [#permalink]
 FROM mbaMission Blog: MBA News: Cornell Johnson Unveils New Curriculum The Samuel Curtis Johnson Graduate School of Management at Cornell University has revamped the curriculum for its two-year MBA program. According to an article on the school’s news bulletin, Johnson began reevaluating its curriculum in 2011 and gathered an extensive amount of data over the subsequent two years from more than 1,000 alumni who attended the school during the previous 12 class years.“We are committed to being one of the top business schools in the world, and that means refining our curriculum to speak to a complex business environment,” commented Johnson’s associate dean for MBA programs, Vishal Gaur. The new curriculum, which is now available for the Class of 2016, focuses on three main components: critical thinking, leadership skills, and decision analysis. Business education requires continuous improvement, as well as big jumps,” Gaur added. “As we implement the new Johnson curriculum, we are also thinking of the next educational innovations that will leverage the strengths of Cornell’s two campuses.”The revised curriculum includes such courses as “The Art of Innovation: A Design Thinking Immersion” and “Making Design Thinking Work,” which the school claims will equip students to become “future innovators.” The new class “Core Leadership Skills for a VUCA (Volatile, Uncertain, Complex, and Ambiguous) World” will be led by a retired U.S. Army General, and for the “FinTech Trek and Hackathon” course, students will travel to Cornell Tech in New York City to learn about problem solving in the financial industry and to take part in a 24-hour hackathon, during which they will develop a new financial service or product.
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Friday Factoid: Studying Health Enterprise Management at Kellogg [#permalink]
 FROM mbaMission Blog: Friday Factoid: Studying Health Enterprise Management at Kellogg An often unsung program at Northwestern University’s Kellogg School of Management is the school’s Health Enterprise Management program, and a “star” within this program is the Global Health Initiative (GHI)—co-founded by Kellogg professor Daniel Diermeier, with several students in leadership and advisory roles—in which academics, students, corporations, and nonprofits create products that solve medical problems around the world. As evidence of the program’s profile, in 2006, the GHI received a \$4.9M grant from the Bill and Melinda Gates Foundation to develop diagnostic devices capable of identifying the HIV virus.Another impressive experiential offering is the multidisciplinary “Medical Innovation” lab class, which brings together industry leaders, top faculty members, and students from several of Northwestern’s graduate schools (Law, Engineering, Medicine, and Business). In this two-term course, students experience the “entire innovation life cycle” from a variety of perspectives: scientific, legal, and entrepreneurial/managerial. Students even shadow surgeons and observe clinicians to facilitate their own brainstorming sessions for an innovative product—an actual product is created and presented to potential investors. Clearly, Kellogg provides students interested in health care with an opportunity to roll up their sleeves and get their hands dirty (and then sanitize them after, of course).
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MBA Biz Quiz: A Little Bit of This, a Little Bit of That [#permalink]
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MBA Admissions Myths Destroyed: I Need to Tell It All! (Part 2) [#permalink]
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MBA News: U.S. MBA Programs Confident Preparation of Students for Care [#permalink]
 FROM mbaMission Blog: MBA News: U.S. MBA Programs Confident Preparation of Students for Careers A Kaplan Test Prep survey reveals that U.S. MBA programs feel strongly that they are properly equipping students for their post-graduation careers. Of the admissions officers Kaplan interviewed at more than 20 American business schools, 95% asserted that “today’s MBA graduates in the U.S. are properly prepared for the changing employment landscape.” In addition, 95% and 92% of the participants believe that American business schools prepare aspiring MBAs better for the workplace than do similar European and Asian programs, respectively.Yet, as Kaplan notes, overseas programs are in fact doing quite well. For its 2014 Global Employability University Ranking, the French human resources consultancy Emerging surveyed 2,500 recruiters in 20 countries, ultimately naming the University of Cambridge in Great Britain as the top program. Although U.S. business schools claimed six of the ranking’s top ten spots, programs based in the United Kingdom, Japan, and Germany were also well represented, while schools in France, Hong Kong, India, and Australia numbered among the top 25. “The top programs in Europe prepare their students as well as—or even better than—American counterparts,” insisted the dean of the University of Oxford’s Saïd Business School in speaking with Top MBA. “I do not accept the survey results as being a fair reflection of reality.”
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