MBA News
A collection of news items from MBA programs and about the business school admissions process.
Stanford Graduate School of Business: Women Belong In ‘A Place Like This’
What’s A Nice Girl Like You Doing In A Place Like This? Fifty years ago, five young and ambitious women were admitted into the MBA program at Stanford University — three of them being Susan Phillips, Anne Thornton, and Barbara West. At first, their presence was unusual to faculty, administrators, and the male-dominated class. In fact, female students only made up 2% of the school class. The young women would often get asked, “What’s a nice girl like you doing in a place like this?” These women soon reclaimed that question and proved they
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HEC Paris Launches New Initiative to Empower Female Entrepreneurs in Green Transition
HEC Paris, an international business school located in France, has decided to partner with the Women’s Forum for the Economy and Society and Procter and Gamble (P&G) to start an ambitious initiative called #WomenEntrepreneurs4Good accelerator program. This initiative is designed to inspire women to innovate, grow, and foster their female creativity by turning their big idea into a business that aligns with the European Green Deal. This initiative was started for a multitude of reasons. First, the pandemic
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Published: March 29, 2021
U.S. News 2022 Business School Rankings: The More Things Change, the More They Stay the Same
U.S. News & World Report has released its 2022 Best Business Schools Rankings. Despite a rather tumultuous year in world events, this year’s results in the MBA rankings realm remain largely unchanged. Stanford Graduate School of Business ranked number one this year, no longer sharing the top spot with the Wharton School, which came in second. Stanford boasts the highest reported salary and full-time average undergraduate GPA and GMAT scores combined with the lowest acceptance rate. Chicago Booth remained at number three but is no longer tied with Kellogg, now ranked
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Published: March 24, 2021
Professor at Kellogg Nominated to Join President Biden’s Treasury Department
Ben Harris, Associate Professor at Kellogg School of Management at Northwestern University President Joe Biden publicly announced his intent to nominate Ben Harris as assistant secretary for economic policy at the Treasury Department on March 11, 2021. Harris, an Associate Professor at Kellogg School of Management at Northwestern University, holds a long list of credentials that make him more than suited for this incredible position. Harris has previously worked with Biden during both his Vice Presidency and his 2021 campaign as an economic adviser. Before Harris’ time working with Biden, he held research positions
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Published: March 22, 2021
Celebrating Women’s History Month With More INSEAD Alumnae
To mark Women’s History Month in 2021, INSEAD’s Limitless Campaign celebrates women entrepreneurs and role models who conquered obstacles and cast aside barriers to achieve success. INSEAD launched the Limitless Campaign as part of its Gender Initiative toward advancing gender balance. Meet three INSEAD alumnae who exemplify the spirit and determination of women in business, using their education, experience, and skill to remake the business world in their image. Sue Adams, MBA ’00 Sue Adams, MBA 2000 Sue Adams, INSEAD MBA Class of 2000, is a coach, organizational development facilitator, and consultant with
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Published: March 20, 2021
Northwestern Kellogg Hits Fundraising Milestone of $500 Million
Thanks to the recent $5 million gift from Michael ’88 JD, MBA and Cari Sacks, Northwestern Kellogg has surpassed their fundraising campaign milestone of $500 million. Kellogg’s Transforming Together campaign is part of the University-wide “We Will” Campaign, dedicated to advancing education at the institution. The school’s flagship Global Hub on the school’s Evanston campus stands out as a hallmark of the Transforming Together campaign. Additionally, $120 million in donated funds have created new scholarships. Over 31,000 unique donors have contributed to Transforming Together. “The Kellogg community has
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Published: March 19, 2021
The Wharton School & Deloitte Partner to Advance Inclusive Leadership
“What are the barriers to inclusive leadership?” The Wharton School recently announced a partnership with Deloitte, a consulting and advisory company, to research and resolve this pressing question. The school and firm plan to collaborate to gain a more nuanced understanding of effective sponsorship and mentorship of minorities. Their efforts will build on previous research conducted by Wharton Professor Stephanie Creary. Her research suggests that leaders may provide their racial minority direct reports with qualitatively different types of support. The partnership’s new research will survey managers from racial minority and majority groups. Additionally, they will conduct a field experiment
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Published: March 17, 2021
Wharton Professor Named Next Director of Cambridge Judge Business School
Professor Mauro F. Guillén of the Wharton School will assume the role of Director of Cambridge Judge Business School on September 1, 2021. He succeeds Professor Christoph Loch, who had a successful decade of service to the business school. Mauro Guillén, Wharton Professor & New Director of Cambridge Judge Professor Guillén has taught at Wharton since 1996. He held the Zandman Endowed Professorship in International Management. Between 2007 and 2019, he served as director of the Lauder Institute of Management & International Studies. Additionally, he is a trustee of the Royal Foundation of Spain and a
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Published: March 16, 2021
Join the Club: Clear Admit’s First Clubhouse Event!
The MBA Admissions Club, created by Clear Admit, is holding its first event in the Clubhouse app on Thursday, March 25, 2021 at 12pm ET. Hosts Graham Richmond and Alex Brown will share Round 2 decision updates, offer admissions tips, and facilitate an open and collaborative conversation about the business school application process. This club was created to connect MBA applicants with Clear Admit team members, admissions officers, b-school alumni, and industry experts, for live discussion about the admissions process. MBA Admissions Clubhouse Conversations The first Clear Admit
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Published: March 15, 2021
Georgetown University Ranks Second in Graduating Women Entering Venture Capital
Georgetown University has placed second among universities graduating women entering venture capital, according to a study conducted by Different Funds. Different Funds, an investment firm specializing in venture capital, organized a comprehensive report on the dynamic of women from venture capital firms. The report analyzed the careers, geography, and education of women-led emerging firms to provide insight into the industry’s future and women’s place in it. Georgetown’s programs and network are geared toward supporting entrepreneurship and empowering women entering fields traditionally dominated by men. The Georgetown Venture Fellows Program offers a one-year apprenticeship in a venture capital or
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Published: March 13, 2021
New Business & Society Institute at Emory Goizueta Tackles Inequality, Climate Change
In early March, Emory Goizueta launched The Roberto C. Goizueta Business & Society Institute, renaming Social Enterprise at Goizueta. The new name represents an elevated commitment to social and environmental impact from the business school and The Goizueta Foundation. Furthermore, the Institute creates interdisciplinary study that explores the connections between business practices, market structures and social and environmental outcomes. In particular, business students will address the challenges of inequality and climate change. Launch Event 300 people, a mix of current students, prospective students, and staff, enjoyed the Institute’s naming ceremony virtually on March 4th.
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Published: March 10, 2021
Johnson Cornell Tech MBA Alumni Startups Tackle COVID-19 Challenges
Whether in the hospital or at home, the COVID-19 pandemic has introduced challenges that can only be resolved with innovation and determination. In this special feature, four Johnson Cornell Tech MBA alumni discuss how the companies they have launched introduce solutions to obstacles during the pandemic. Enroute Facilitates Patient Care Enroute Co-founders, Mike Kosnik, CEO, and Samson Schirmer, CPO Johnson Cornell Tech MBA alumni Mike Kosnik and Samson Schirmer created Enroute. As medical professionals around the world face the uncharted waters of a global health crisis, Enroute has found a way to make
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Fellowship Honors Black Excellence at Michigan Ross
Michigan Ross announced the first recipient of the Black Business Student Association (BBSA) Fellowship: TJ Banks, Ross MBA ’21. The Full-Time MBA team and Michigan Ross faculty selected Banks for the inaugural $10,000 fellowship. The BBSA Fellowship was created to honor Black excellence at Michigan Ross. Graduating members of BBSA could apply for the $10,000 fellowship beginning in 2021. Banks is one of three Black male Ross student ambassadors. He is also a Ross liaison to the Consortium for Graduate Study in Management, and serves on the MBA Council’s DEI Committee. “TJ has gone
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Celebrating International Women’s Day with INSEAD Alumnae
In 1967, the March 8th celebration of International Women’s Day was adopted by the feminist movement. The same year, INSEAD welcomed women into its prestigious MBA program, and they have been pushing limits ever since. To mark International Women’s Day 2021, INSEAD’s Limitless Campaign celebrates women entrepreneurs and role models who conquered obstacles and cast aside barriers to achieve success. INSEAD launched the Limitless Campaign as part of its Gender Initiative toward advancing gender balance. Meet three INSEAD alumnae who exemplify the spirit and determination of women in business, using their education, experience, and skill to
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HEC Paris’ Efforts for Zero-Waste Campus
Though already considered France’s most environmentally-friendly business school, HEC Paris continues to raise the bar with ongoing recycling & waste reduction initiatives. The business school, just 17km from the center of Paris, kick started plans to have a zero-waste campus in mid-2020. One goal is to reduce the amount of waste sent to landfill. Another goal is recycling as much of its food, plastics, bottles, boxes, cigarette butts and paper as possible. On an annual basis, HEC Paris’ 2,000 student residents, 4,000 short-term students, 700 collaborators and hundreds of visitors produce an estimated 514 tons of waste. Partners in
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Healthcare at Kellogg Bolstered by Gift for Biopharma
Northwestern Kellogg alumnus, Kent Hawryluk ’07, gifted $3 million to the business school, establishing the Hawryluk Biopharmaceutical Scholars Endowed Fund. The fund builds upon the existing Program on Healthcare at Kellogg (HCAK). The scholars will be Full-Time MBA students with a demonstrated interest in healthcare. They will receive scholarships and benefit from dedicated co-curricular programming. Additionally, the scholars will engage alumni and other experts in the healthcare management field, particularly in biopharmaceuticals, through treks to industry hubs, presentations from field leaders and mentorship. Moreover, successive cohorts of scholars are expected to form a supportive career network.
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Emory Goizueta Unveils New Center for Entrepreneurship & Innovation
Five years in the making, Emory University’s Goizueta Business School recently unveiled their new Center for Entrepreneurship & Innovation. The center offers more than 20 courses focused on innovation and entrepreneurship and various entrepreneurial programs. Amelia Schaffner, Center Director “Through this Center, we have the opportunity to expand our scope and elevate our commitment to entrepreneurship and innovation,” said Amelia Schaffner, Center Director of Entrepreneurship for The Roberto C. Goizueta Center for Entrepreneurship & Innovation. “We are building a portfolio of learning experiences and opportunities that allow students to gain interdisciplinary skills, get connected to the local ecosystem, and solve
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Published: February 14, 2021
Toronto Rotman Takes Steps to Combat Systemic Racism with New Course, Conference
The University of Toronto’s Rotman School of Management launched two initiatives this month to proactively fight anti-Black systemic racism in Canadian business. New MBA Course The Rotman School’s MBA curriculum introduced the first Black entrepreneurship and leadership course in Canada. The school developed the course in partnership with the Canadian Council of Business Leaders Against Anti-Black Systemic Racism’s BlackNorth Initiative. It is an effort to combat anti-Black systemic racism in Corporate Canada. The course is open to MBA students, emerging young black leaders across Canada, and members of the business community. Many of the course’s case
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Published: February 8, 2021
The Financial Times 2021 MBA Ranking Reveals a Year in Disruption
You can find the Financial Times 2022 MBA Ranking here. The COVID-19 pandemic uniquely impacted The Financial Times 2021 Global MBA Ranking, released this week. Many of the top 10 U.S. schools opted out of the ranking this year to focus on the challenges posed by the COVID-19 pandemic. Despite this, more than half the rankings are U.S. programs. Data from MBA programs worldwide show that demand for MBAs and salary numbers remained strong through the end of 2020. In fact, many schools reported double-digit percentage increases in applications for the 2020–2021 academic year. Top
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Published: February 7, 2021
Kellogg MBAs Choose Cheetos for Best 2021 Super Bowl Ad
Each year, MBA students along with marketing professors, Tim Calkins and Derek Rucker, at Northwestern Kellogg evaluate the commercials during the NFL Super Bowl—easily the most expensive air time of the year. Out of all of the ads during Super Bowl LV, the Cheetos commercial, which featured Shaggy, Mila Kunis and her husband Ashton Kutcher in a playful take on the bright orange snack, took home the trophy. Michael B. Jordan as Amazon’s Alexa ranked highly as well. Tide also delivered a memorable ad and Seinfeld fans may have recognized George Costanza’s voicemail theme as Jason
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Published: February 7, 2021
Record Alumna Gift to Kellogg Amps up Support of Women in Business
Ann M. Drake, Kellogg EMBA ’84, donated the largest gift ever from a female graduate of Northwestern University’s Kellogg School of Management. Drake’s record-setting gift establishes the Drake Scholar Network, a formal, global network of women students, faculty and alumnae through the school. Ann M. Drake, Kellogg EMBA ’84, Former CEO DSC Logistics, Record-setting Alumna Donor “Kellogg has a long legacy of breaking new ground in the education and professional advancement of women, but there is still much work to be done to address gender-based disparities in the business world,” said Dean Francesca Cornelli in
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Published: February 3, 2021
Carnegie Mellon Tepper MBA Launches Deferred Enrollment
The Tepper School of Business at Carnegie Mellon University announced a deferred enrollment program, called Tepper Future Business Leaders. This opens up MBA admissions to college seniors who plan to graduate from a U.S. college or university in the current academic year who do not yet have full-time work experience. Tepper will be looking for candidates with a strong academic record, professional internships, and undergraduate leadership experience. Accepted applicants can then defer admission for two to four years during which time they join the workforce. “The pandemic has disrupted so much for
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Published: February 1, 2021
LBS Employment Report: MBA Class of 2020 Shows International Strength
The London Business School’s 2020 MBA Employment Report has been released, opening a larger window on the international MBA community’s optimistic prospects and potential success. Ninety-one percent of LBS graduates received an offer within four months, and 90 percent accepted offers. Out of a class of 476, 29 are starting their own businesses. “I am confident that having dealt with so much uncertainty over the last 12 months and having overcome so many challenges with such collaborative spirit, this group of successful students are prepared to kick-start their newfound professional careers with a fearless and
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Published: January 27, 2021
HBS Announces Timing of Round 2 Interview Invitations
If you applied to Harvard Business School in Round 2, get ready for some big application news from the school on Wednesday, February 3rd at noon EST. In a post to the Direct from the Director’s blog, Managing Director of HBS admissions Chad Losee shared the following details: “Next week, on February 3 at noon eastern, you will receive an update via the application status page on the next phase of the process as we extend invitations to interview to a portion of those who applied. As
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Published: January 27, 2021
$5 Million Gift to Michigan Ross Sets Up New True Grit Scholarship Fund
The University of Michigan Stephen M. Ross School of Business announced a new scholarship fund thanks to the generosity of an anonymous Ross BBA alumnus. The alum’s $5 million gift establishes the True Grit Scholarship Fund. The new fund will award partial and full-ride scholarships to current and incoming Full-Time MBA and BBA students. Ross will be considering candidates who have “demonstrated notable determination to succeed.” This includes applicants who have overcome personal challenges, served in the military, become the first in their families to pursue a degree at a post-secondary institution, or otherwise exhibited personal
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