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# The mbaMission Blog

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Joined: 25 Apr 2013
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Joined: 25 Apr 2013
Posts: 4406
Own Kudos [?]: 336 [0]
Given Kudos: 1
Joined: 25 Apr 2013
Posts: 4406
Own Kudos [?]: 336 [0]
Given Kudos: 1
Joined: 25 Apr 2013
Posts: 4406
Own Kudos [?]: 336 [0]
Given Kudos: 1
B-School Chart of the Week: February 2015 Social Currency Rankings [#permalink]
 FROM mbaMission Blog: B-School Chart of the Week: February 2015 Social Currency Rankings Rankings come in all shapes and sizes, but can any ranking truly capture social cachet? For a different perspective on the value of an MBA, we turn to the New York Times society pages, in which the editors select and profile promising couples. Each month, we dedicate one B-School Chart of the Week to tallying how alumni from top-ranked business schools are advancing their social currency ranking.With the end of February, our year-to-date total of New York Times wedding announcements climbs to 95 celebrations, 23 of which included mention of at least one MBA. Despite the Valentine’s Day romance, February proved a slow month for winter matrimonies, with just 46 couples braving the cold to say “I do.” Of those, we counted 12 with business school credentials.Columbia Business School (CBS) and Harvard  Business School (HBS) tied for the most newlywed mentions in February, with each school appearing four times. CBS thereby takes the overall lead for the year, boasting ten appearances in the society pages so far—twice as many as HBS.Mimi Hoesley, a global strategy manager with Net-a-Porter.com, and Benjamin Slater IV, a senior analyst at Tipp Hill Capital Management, were among the CBS alumni mentioned last month. Other marriages of note for February included that of HBS alumni Mary Ellen Hammond and Andrew Mondi. In addition, the Stanford GSB, Chicago Booth, and Wharton all made their first 2015 appearances in the NYT announcements.
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Beyond the MBA Classroom: From Philly to Florida for Wharton’s Beach W [#permalink]
 FROM mbaMission Blog: Beyond the MBA Classroom: From Philly to Florida for Wharton’s Beach Week When you select an MBA program, you are not just choosing your learning environment but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school.Each spring, between finals and graduation, second-year students at the Wharton School of the University of Pennsylvania prepare to reenter the “real” world by retreating to South Beach in Miami, Florida, where they partake in almost a week’s worth of partying, relaxing, and beach-going. The week’s events are organized, but not funded, by the Wharton Graduate Association (student association). In recent years, more than 400 students have taken part in Beach Week. Activities offered during the 2014 Beach Week included multiple pool parties, a beachpicnic, a daytime boat cruise, and a pub crawl in South Beach.For in-depth descriptions of social and community activities at Wharton and 15 other top MBA programs, check out the mbaMission Insider’s Guides.
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Friday Factoid: Student and Faculty Research at Tuck [#permalink]
 FROM mbaMission Blog: Friday Factoid: Student and Faculty Research at Tuck The Tuck School of Business at Dartmouth College is known for its close-knit community and small faculty-to-student ratio. The school’s research-to-practice seminars complement these characteristics. An article on the school’s Tuck Today Web site explains that “International Entrepreneurship” was the first of several such seminars designed to give students insight into a real-world business issue. The seminars were conceived as a key component of the school’s strategic five-year plan, called Tuck 2012. The courses bring together 15 second-year students with top faculty for a “deep dive” into a specific topic. Research-to-practice seminars that were offered in 2014–2015 include the following:“Corporate Takeover”“Deconstructing Apple”“Management of Investment Portfolios”“Marketing Good and Evil: Consumer Moral Judgment and Well-Being”“Strategy in Innovation Ecosystems”“Time in the Consumer Mind”For more information on other defining characteristics of the MBA program at Dartmouth Tuck or one of 15 other top business schools, please check out the mbaMission Insider’s Guides.
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MBA Admissions Myths Destroyed: Awesome, I Can Write My Own Rec! [#permalink]
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MBA News: Entrepreneur MBAs Discuss the Value of Student Networks [#permalink]
 FROM mbaMission Blog: MBA News: Entrepreneur MBAs Discuss the Value of Student Networks Most aspiring MBAs already understand the value of a wide alumni network, but those who hope to establish a new venture before graduating (or soon after) should also be aware of the importance and power of one’s MBA student community while still in the program. London Business School (LBS) alumnus Nitzan Yudan, who contributed to mbaMission’s “What I Learned At…” series in 2014, recently told the Financial Times how he benefitted from the input and assistance of his fellow LBS students while developing his company, FlatClub. The premise of FlatClub is to assist individuals in providing and/or finding accommodations for medium-term stays in cities like New York and London while remaining within a specific alumni circle. While at LBS, Yudan launched the company among fellow students—and saw the listed apartments expand from the initial five to 70 in two weeks. Today, approximately 10% of LBS’s alumni and students use FlatClub. “The hardest challenge of an entrepreneur is doing the first sales,” Yudan told the Financial Times. “LBS provided me with these.”Vikas Narula, a graduate of the Global Executive MBA program at Duke University’s Fuqua School of Business, had a similar experience when establishing his venture Keyhubs, a management software and consulting company. He received seed funding with the help of a classmate and reached out to his entire class via email for support and feedback—decisions that helped him successfully launch the company. Indeed, Narula explained to the Financial Times that one of his tips for MBA students and candidates is to reach out, as he did: “I wanted to be sure that they [fellow classmates] were aware of my work, as they could become customers or might know people in their network who would make good customers.”
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Monday Morning Essay Tip: Pluralizing Nouns Whenever Possible [#permalink]
 FROM mbaMission Blog: Monday Morning Essay Tip: Pluralizing Nouns Whenever Possible One way to conserve words in your MBA application essays and short-answer responses is to pluralize nouns whenever possible. Singular words often require an article such as “a,” “an,” or “the.” These words can add unnecessarily to your word count, thereby cluttering your page without contributing to your argument or style. Consider the following example:“A manager with an MBA can ascend the corporate ladder faster than a manager who lacks an MBA.” (18 words)Now consider this version, in which many of the singular nouns have been pluralized:“Managers with MBAs can ascend the corporate ladder faster than managers without MBAs.” (13 words)As you can see, the same idea is presented in both sentences, but one sentence has five fewer words than the other. Given that essays can include dozens or even hundreds of sentences, pluralizing wherever possible is helpful in meeting word count requirements.
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MBA News: Financial Times Examines MBA Salary Gender Divide [#permalink]
 FROM mbaMission Blog: MBA News: Financial Times Examines MBA Salary Gender Divide A new comparison conducted by the Financial Times probes the divide between genders in MBA graduate salaries around the world. According to the salary information the publication compiled, women receive an average 87% rise in salary within four to five years of enrolling in an MBA program, whereas men experience an average 96% increase within the same time frame. The differences vary by continent—for example, the pay gap between male and female MBAs three years after graduation in North America is 13%. This percentage is highest in Africa and South America, where it is 36% in both. The region with the smallest gap is Oceania—11%.Another angle on the salary gap that the Financial Times highlights is the pre-MBA salary differential. In North America, for example, the disparity between men’s and women’s salaries before earning a business degree is 7%, compared with the 13% seen within three years of graduation. The largest shift between the two figures is in Africa, where the pre-MBA gap is 16%, and the post-MBA gap is 36%. Interestingly, in Asia, the difference between men’s and women’s salaries actually decreases from 17% before business school to 12% after. In addition, the Financial Times reports that nearly 50% of the women in the survey held professional level jobs, while the men tended to occupy director or senior executive positions.
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MBA News: Stanford GSB Tops U.S. News & World Report 2016 MBA Rankings [#permalink]
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Professor Profiles: Saras D. Sarasvathy, UVA’s Darden School of Busine [#permalink]
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Beyond the MBA Classroom: Stanford GSB Brown Bag Lunches [#permalink]
 FROM mbaMission Blog: Beyond the MBA Classroom: Stanford GSB Brown Bag Lunches When you select an MBA program, you are not just choosing your learning environment but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school.During Brown Bag Lunches at the Stanford Graduate School of Business (GSB), company founders or experienced alumni come to chat with students, or students share information with one another about fields with which they are familiar. All the attendees bring their own lunch. One first-year student told mbaMission, “These are a great way to get exposure. In the student-run panels, students host a presentation for their classmates about an industry they have worked in. These lunches are open to all students, in all fields of interest. Because everyone knows each other well, people are much more willing to help each other out and teach each other, which is great.”For in-depth descriptions of social and community activities at the Stanford GSB and 15 other top MBA programs, check out the mbaMission Insider’s Guides.
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Diamonds in the Rough: University of Southern California’s Marshall Sc [#permalink]
 FROM mbaMission Blog: Diamonds in the Rough: University of Southern California’s Marshall School of Business MBA applicants tend to overvalue rankings and so can overlook some strong business schools that might be a good fit. In this series, we profile amazing programs at schools that are typically ranked outside the top 15.Learning to put business strategies into a global context is more than just a specialization at the University of Southern California’s Marshall School of Business. As part of the first-year MBA core curriculum, Marshall offers a comprehensive program in the spring semester called Pacific Rim International Management Education (PRIME). Students enrolled in PRIME participate in a team project focused on a specific country, industry, and company. The team projects are a capstone of the students’ first year, a reflection of Marshall’s overall emphasis on case study teaching methods and participatory learning. In addition, students are required to partake in a ten-day overseas trip at the end of the spring semester, during which they complete an on-site presentation to companies and organizations located in the Pacific Rim, Latin America, or Europe. Cities visited in the past include Kyoto, Tokyo, Hong Kong, Guangdong, Shanghai, Beijing, Hanoi, Bangkok, São Paulo, Buenos Aires, and Moscow.
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Friday Factoid: Charity Auctions at MIT Sloan [#permalink]
 FROM mbaMission Blog: Friday Factoid: Charity Auctions at MIT Sloan Twice a year, in the fall and the spring, MIT Sloan students organize charity auctions. Each “ocean” (the 60-person cohort with which students take their first-semester core classes) selects a charity to support and identifies items to be auctioned, such as lunch with a professor, a home-cooked meal by a student, and more unusual offerings, like having a professor chauffeur you to class in his classic car. First-year oceans compete to see which one can raise the most money, and second-year students organize a similar auction. All together, the auctions raise tens of thousands of dollars each year for such charities as the California Wildfires Fund, Children of Uganda, Pencils of Promise, Bridge over Troubled Waters, and the Sloan Social Impact Fellowship.As you submit your application to Sloan, you may want to onsider what you can offer up for auction and start preparing to bid!For more information on other defining characteristics of the MBA program at MIT Sloan or one of 15 other top business schools, please check out the mbaMission Insider’s Guides.
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