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Hjort
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very interesting indeed..
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Hjort, from the handful of adcom's presentations I attended, 2 programs focused on stating how their programs were or had become highly flexible.

1) Chicago: they spent an important amount of time discussing how their program was very flexible and capable of maximizing every applicants experience. I won't add much to this as I'm unsure whether it's recent or not.

2) Stanford: both at their site and presentation, the recent curriculum change is discussed extensively. Again, flexible curriculum replaces fixed one.

On this particular case, they cited alumni feedback. Many respondents said they would have liked to have more seminars and flexibility in general. A large donor stated his donation was to ensure students would get more seminars.

Comparing with trends outside B-school, it makes sense that when most goods and services, from cars to mobile phones through home insurance and financial services, have been steadily becoming highly customizable so should graduate education?

But, how would a recruiter know which type of Stanford grad they'd be getting? Should they carefully deconstruct their choice of courses?

I think it's an interesting issue and I have no definitive opinion about it. In my case, I appreciate the flexibility as I have specific plans and I'd benefit from being able to specialize on some disciplines at the expense of others. But I can understand how someone would appreciate a more standardized "seal of approval".

Cheers. L.
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The recent curriciular changes prompted me to take a fresh look at the core coursework of the ultra elites. I feel that curriculum is often under-investigated when students are selecting their portfolios.

At our initial level of analysis, let's take a look at the number required classes at each school:

Penn/Wharton: 18 courses
Stanford (old): 14 courses
Columbia: 13 courses
Harvard: 11 courses
Northwestern/Kellogg: 10 courses
Chicago*: 10 courses
MIT/Sloan: 7 courses

*Chicago has 4 explicit core courses, 4 breadth courses, and 2 selective courses.

Please note that number of credit hours associated with a "course" can vary greatly across schools and some of these schools use the semester system while others use the quarter system.

If we adjust for the number of credit hours, the schools in order of most to least prescriptive fall roughtly along these lines:

Harvard
Penn/Wharton
Stanford
Columbia
Chicago*
Northwestern/Kellogg
MIT/Sloan
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In addition to the number of course hours that are prescribed, note that schools differ in their willingness to let students waive core courses in favor of more advanced courses.

For example, HBS is fully prescriptive in the sense that it does not permit any waivers.

HBS
"Because our aim is broad, foundational, interactive learning, all MBA students undertake the same course of study during the first year of the program. Individual courses in the first year cannot be waived."

In contrast, Chicago is is very willing to allow students to take more advanced coursework in place of the core class if they have already mastered the subject at the level of the core course.

Chicago GSB
"our extremely flexible curriculum offers options for fulfilling even the three required foundation core courses. You will not find yourself forced to repeat courses you have already mastered."


For some candidates, the fact that all students must take a large number of the same courses is an attractive prospect. A large number of core courses allows extended interaction with classmates and less "fragmentation" relative to a curriculum that is largely self-directed. On the other hand, some candidates find "lockstep" programs needlessly paternalistic and force students to take coursework that effectively duplicates what they have taken previously.

It seems logical that schools in the leader/manager mold would favor lockstep/no waiver curricula. After all, if business school is designed to teach students the craft of management, the idea of exceptions or substitutions in this process borders on anathema. On the other hand, for schools in the "analytical toolbox" mold the idea of waivers makes perfect sense. If a student already has (say) a degree in economics, why not let that student develop more advanced tools by taking a higher-level course in economics.
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Is anyone still finding this thread useful?
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I think the "better" option largely comes down to the student. I have a rather limited background in business - I've never taken acctg or finance or even stats.

I certainly need to take the basic course for all of these topics. And when I am learning something new, I prefer to get a solid, basic overview of the topic before I "muddy" it up with other aspects. I fear I would miss important pieces of any topic in a more integrated approach.

Overall, I think it's great that different schools have different approaches. Different strokes, etc etc. It allows us to choose based on our own understanding of what will best serve our needs and goals.

other thoughts?[/i]
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Hjort
Is anyone still finding this thread useful?


Hjort, I am definitely finding this thread useful.

Keep it up. Cheers.
L.
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I'm finding this thread useful too, and was hoping to revive the discussion now that Stanford is going to implement its new curriculum this fall. I went to their infosession and really liked the flexibility offered by the curriculum. Did any other schools implement the change? What's the feedback like?

How about a rough discussion for the elite schools too, like Haas, UCLA, Stern, etc...?
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Great idea!
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Just checking to see if the Elite schools will be covered in the near future? =)