MBA News
A collection of news items from MBA programs and about the business school admissions process.
Published: October 28, 2021
NYU Stern Class of 2021 Employment Report: Graduating Class Sees Record Success Despite Uncertainty
See the NYU Stern MBA Class of 2022 employment report coverage here. NYU Stern has released its full-time two-year MBA Class of 2021 Employment Report. It is another record-setting year for graduates who have achieved gains in employment rate and salary in the face of an uncertain world economy still impacted by the COVID-19 pandemic. Associate Dean of Career Services Beth Briggs said of the results, “For more than a year, the world has contended with an unprecedented amount of change, but one constant has been the continued success of our students. Our talented MBA graduates
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Published: October 24, 2021
Chicago Booth MBA Class of 2023 Profile: A Class of Future Business Leaders
See the Chicago Booth MBA Class of 2024 profile here. The University of Chicago Booth School of Business MBA Class of 2023 profile demonstrates how an emphasis on diversity of background attracts future business leaders who are ambitious, supportive, and intellectually curious to the program. This year’s class numbers 620 students. Fourteen are enrolled in Booth’s accelerated joint degree program in law and business. Here are some key elements of the profile: Chicago Booth Class Profile: Undergraduate Background Average Undergraduate GPA 3.6 Percent majoring in arts, humanities, social sciences 11.6% Percent majoring in science, technology,
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Published: October 22, 2021
Kellogg to Expand Real Estate Curriculum to Undergrads
Following a generous alumnus donation, Northwestern University’s Kellogg School of Management will widen the reach of its real estate program to include Northwestern undergraduate students for the first time starting in fall 2022. In collaboration with Northwestern’s Weinberg College of Arts and Sciences, the business programs will leverage a $2 million gift from Ian Sanders ‘91 to create new courses and professional development opportunities to strengthen this core focus at the University. “I am eager to see Northwestern incorporate real estate into
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Published: October 21, 2021
Stanford GSB MBA Class of 2023: Diversity Initiatives Pay Dividends in Representation
See the Stanford GSB MBA Class of 2024 profile here. The Stanford Graduate School of Business has released its profile of the MBA Class of 2023, showcasing how the school’s investment of resources in increasing all aspects of diversity in its prestigious MBA program has paid off in greater representation for a wide array of racial, ethnic, educational, and economic backgrounds. Kirsten Moss, Assistant Dean and Director of MBA Admissions and Financial Aid, said in the school’s press release on the class profile, “We’re pleased to welcome this class of talented students. Their diverse perspectives
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Published: October 14, 2021
Kellogg MBA Class of 2023 Sets New Standard for Representation and Achievement
See the class profile for the Northwestern Kellogg MBA Class of 2024 here. Kellogg School of Management has released MBA Class of 2023 profile. The 508 incoming students bring with them the school’s highest average GPA, and the greatest representation of both women and US minorities in MBA class history. Here are some highlights of the class profile: Kellogg MBA Class Profile: Undergraduate Background Average Undergraduate GPA 3.7 Percent majoring in arts, humanities, social sciences 21% Percent majoring in science, technology, engineering, and math 35% Percent majoring in business 49% Kellogg MBA Class of 2023
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Published: October 12, 2021
Berkeley Haas Full-Time MBA Class of 2023
The UC Berkeley Haas School of Business has released its MBA Class of 2023 profile. This year, an impressive number of first-generation college students, LGBTQ+ students, and veterans comprise the 291 enrolled class. Here are some key elements of the profile: UC Berkeley Haas MBA Class Profile: Undergraduate Background Average Undergraduate GPA 3.67 Percent majoring in arts, humanities, social sciences 36% Percent majoring in science, technology, engineering, and math 34% Percent majoring in business 22% Berkeley Haas MBA Class of 2023 GMAT Statistics Average GMAT Score 726 GMAT Middle 80% 690 – 760 Berkeley Haas MBA Class of
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Published: October 7, 2021
Wharton MBA Class of 2023 Achieves Long-Sought Milestone
See the Wharton MBA Class of 2024 profile here. The years-long effort to promote gender parity in the business leadership pipeline has paid off for The Wharton School of the University of Pennsylvania, whose MBA Class of 2023 hit a historic milestone for the representation of women. The 897-member class also made records for GMAT score highs and LGBTQ representation. Keep reading for more details about the latest Wharton MBA class profile. Dean Erika James, who also has the distinction of being the first woman appointed to lead the school, announced in the school’s press
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Published: October 3, 2021
HBS Announces Timing of Round 1 Interview Invitations & Early Release
Applicants to Harvard Business School can expect some big news from the school on Tuesday, October 5th at noon EST. In a post to the Direct from the Director’s blog, Managing Director of HBS admissions Chad Losee wrote that Round 1 applicants can expect the following: “Each of you will receive individual news on next steps in our process. There are three possibilities: Invite to interview – this is good news! Further consideration – also positive! This is a small group of strong applicants that we ask to wait with us
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Published: September 30, 2021
UVA Darden MBA Class of 2023 Breaks Multiple Academic and Diversity Records
See the UVA Darden MBA Class of 2024 profile here. The University of Virginia Darden School of Business full-time MBA Class of 2023 has broken school records for representation and academic achievement. Here is the breakdown of stats within the 351-student strong profile at Darden. Darden MBA Class of 2023: GPA, GMAT & GRE Scores Average Undergraduate GPA 3.52 Average GMAT Score 715 Average GRE (Combined) 321 Darden MBA Class of 2023: Student Characteristics Women 40% Countries Represented (by citizenship) 40 International Students 40% Average Work Experience 5 years The new class includes
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Published: September 29, 2021
NYU Stern’s MBA Class of 2023 Demonstrates the Applicant-Centric Approach
See the NYU Stern MBA Class of 2024 profile here. New York University’s Stern School of Business has released its MBA Class of 2023 profile, proudly introducing a diverse crop of future business leaders with a competitive edge in both experience and academic achievement. Assistant Dean of MBA Admissions Lisa Rios credits Stern’s applicant-centric approach and coronavirus response measures in adding additional test options and waivers for the increased demand and growth in the program. “The combination of a more seamless process for applicants and continued strong demand for our rigorous program led to an 8%
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Published: September 27, 2021
Michigan Ross MBA Class of 2023: Record-Setting Return
See the Michigan Ross MBA Class of 2024 profile here. The University of Michigan Ross School of Business MBA Class of 2023 Profile demonstrates a return to normal on some fronts as international students come roaring back, and the class reaches above and beyond with record academic achievement and representation. In a statement provided by the school, Soojin Kwon, managing director of Full-Time MBA Admissions and Program at Michigan Ross stated, “The Class of 2023 has broken nearly all our admissions records after being selected from what was
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Published: September 21, 2021
Columbia’s MBA Class of 2023 Defies the Pandemic
See the CBS MBA Class of 2024 profile here. Columbia Business School‘s MBA Class of 2023 shows no signs of having weathered a pandemic to get where they are. The class profile covers 847 total enrolled students, up from 782 last year. Classes began in August with 614 students and another 233 will begin their studies in January. Here are some key elements of the profile: Columbia MBA Class Profile: Undergraduate Background Average Undergraduate GPA 3.5 Percent majoring in arts, humanities, social sciences 19% Percent majoring in science, technology, engineering, and math 24%
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Published: September 14, 2021
Fuqua’s Class of 2023 Shows Significant Growth
See the Duke Fuqua Daytime MBA Class of 2024 profile here. Duke Fuqua School of Business released its MBA Class of 2023 profile, showcasing a diverse group of students with worldwide roots. This year’s incoming class numbers 447, around 10% growth over last year. Like many schools impacted by COVID-19 upending the last two admissions cycles, Fuqua has benefited from an uptick in demand by adapting its process, such as adding a fourth round, and achieving a significant increase in international students. Here are some key elements of the profile: Duke Fuqua Class of 2023 Student
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Published: September 1, 2021
Tuck Again Sets Records with the Class of 2023
See the Dartmouth Tuck MBA Class of 2024 profile here. Patricia Harrison, Co-Executive Director of Admissions & Financial Aid This semester, Dartmouth Tuck’s first-year MBAs have again set records for class size and academic performance. The incoming class of 2023 is the largest in Tuck’s history, holds a record high average GMAT score, and boasts the largest representation of first-generation college students for the school. Pat Harrison, co-executive director of admissions and financial aid, said in the school’s press brief, “We’ve enrolled a class of engaged and impactful students with a proven track record of academic
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Published: August 25, 2021
HBS Announces MBA Class of 2023 Profile
See the HBS MBA Class of 2024 profile here. Harvard Business School shared their MBA Class of 2023 profile with the class size, percentage of women, international students, and U.S. minorities all up as compared to last year. The new class maintained the median GMAT score of 730, and the 29 percent of applicants who opted for the GRE earned median scores of 163 Verbal and 167 Quant. Larger Class, Same Structure While HBS’s class size usually lands around 930, the Class of 2023 is made up of 1,010 students. The school had
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Published: August 11, 2021
Michigan Ross Launches New Pinkert Healthcare Accelerator for Student Entrepreneurs
The University of Michigan has launched many accelerator programs in the school’s history, but its newest is unique in the sense that everyone can relate to this cause. No matter where you come from, everyone has been impacted by COVID–19 in some way over the past year and a half. After watching COVID shake the lives of millions of people, Eleanor and Michael Pinkert decided to take matter into their own hands. The Pinkerts made a generous donation to the University of Michigan, which will fund the Pinkert Healthcare Accelerator program.
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Published: August 10, 2021
HEC Women in Leadership Club Uplifts Women in the MBA Program
The HEC Paris MBA’s Women in Leadership Club (WIL) has been at work for decades on its mission to “embrace solidarity, celebrate equality.” One of the 26 student-run associations within the MBA program at HEC Paris, the club’s elections have generally been unremarkable, with students sometimes running uncontested for the role of President and other positions on the board. However, over the past 18 months, these positions have become incredibly sought after. The most recent elections have encompassed full-blown media campaigns to earn votes from fellow students. What is behind the excitement and energy driving Women in Leadership?
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Published: August 9, 2021
Wharton Welcomes MBA Class with a Milestone Majority of Women
The Wharton School of the University of Pennsylvania reaches a pivotal milestone this fall: For the first time in its 140-year history, a majority of incoming MBA candidates will be women. The incoming class of 2023 MBA students will be comprised of nearly 52 percent women, representing a 10 percent increase over last year’s first-year students. “This landmark achievement demonstrates Wharton’s commitment to providing a diverse and representative community for our students,” Dean Erika James said in a statement. “As a female leader, I understand firsthand the significant impact that experiencing meaningful gender representation can have on women as
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Emory Goizueta Announces New Scholarship to Increase Representation of Women in Business
Usha Rackliff, Assistant Professor in the Practice of Accounting, teaching an Evening MBA Class. Did you know that women make up more than half of the United States’ workforce? However, women still lag substantially behind men in terms of equal pay and representation in leadership positions. For example, females represent only 7.4 percent of leadership roles at Fortune 500 companies. This statistic shows how women have to fight to prove they are capable and for a seat at the table; but Goizueta Business School wants to change that. Emory University’s
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Tuck Alumnus Creates Scholarship to Inspire Students From Japan
Everyone wants to look in the mirror and be proud of who they have become. To do so, people need paths to become the person they want to see. Though there are many different avenues one can take, many people choose the path of an MBA program. MBA programs are a wonderful way to grow your business network, develop advanced skills, and challenge your intellect. Unfortunately, sometimes you have to change paths because you do not have the means or ability to continue forward; and, over the past few years, Japanese students have been declining to
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Supporting LGBTQ+ Students: Saïd Business School Partners With Reaching Out MBA
Saïd Business School at Oxford University has partnered with Reaching Out MBA (ROMBA) to develop a fellowship program designed to support LGBTQ+ students and candidates. The goals of the ROMBA fellowship are to help LGBTQ+ students become the leaders of tomorrow, provide a unique global network for LGBTQ+ MBA students, help other people see the world from a LGBTQ+ lens, and empower/build representation of LGBTQ+ people in decision-making places and in society. ROMBA Fellowship Recipients Oxford University is proud to announce this year’s recipients of the 2020–21 ROMBA
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Wharton Joins AltFinance, a $90M Investment in HBCUs
The Wharton School of the University of Pennsylvania is investing in the promise of alternative finance to bring diversity to the financial industry. The business school has partnered with Apollo Global Management, Ares Management, and Oaktree Capital Management to launch the $90 million AltFinance: Investing in Black Futures™, an initiative that will fund recruiting, training, and career opportunities at three Historically Black Colleges and Universities (HBCUs) over the next ten years. The consortium of finance companies has established a non-profit, ALT Finance Corporation, to administer the program, with $3 million from each company pledged annually. This initiative is the
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New DeFi Toolkit: Wharton Professor & World Economic Forum Collaboration
At the peak in May, over $80 billion in digital assets were locked into Decentralized Finance, or DeFi, applications (i.e., MyEtherWallet and BurnerWallet) generally as liquidity or collateral supporting various services. Due to this new phenomenon, DeFi became a major development in global finance. However, many policy makers and other individuals struggled to understand the details of this new development. Therefore, The World Economic Forum decided to partner with Professor Kevin Werbach from The Wharton School at University of Pennsylvania to create the Decentralized Finance (DeFi) Policy-Maker Toolkit.
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HBS Announces Need-based Application Fee Waiver
MBA applicants to the Class of 2024 at Harvard Business School can request a need-based waiver of the $250 application fee. HBS first piloted this option in the 2020-2021 admissions season and were pleased with the support. As a result, HBS plans to keep it as a part of ongoing efforts to help remove barriers to applying and improve accessibility to graduate education from different walks of life. Chad Losee, Managing Director of Admissions & Financial Aid, told Clear Admit, “If you think of access to education in the U.S. for instance, we know
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Stanford MBA Students Use Social Innovation to Drive Change
Stanford’s Graduate School of Business offers many opportunities to MBA students, one of them being the Social Innovation Fellowship (SIF). This fellowship is designed to support emerging entrepreneurs who want to start a high-impact business that addresses a pressing social or environmental need. As the selected fellows test and implement their venture ideas, the fellowship will provide funding, advising, and mentoring to help the fellows reach their business goals. Stanford GSB is proud to announce the 2021 recipients of the Social Innovation Fellowship: Abdulhamid Haidar, Ted McKlveen, and Shawon Jackson.
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