MBA News
A collection of news items from MBA programs and about the business school admissions process.
Published: February 12, 2024
Columbia Releases MBA Employment Report for the Class of 2023
The Columbia Business School has released their employment report for the MBA Class of 2023. The total MBA Class of 2023 numbers 829 students, with 614 having started in August of 2021 and 215 having started in January of 2022. 125 students returned to a sponsoring employer while 23 started their own business. Another three graduates joined their family business. Three months after graduation, 84 percent of the 678 Columbia MBA students seeking employment reported receiving a job offer and 81 percent accepted a job offer. CBS adds that, by the end of 2023,
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Published: February 12, 2024
The Financial Times 2024 Global MBA Ranking: Wharton Returns & Lands at the Top
The Financial Times (FT) released its rankings of the 100 best Global MBA programs for 2024. The Wharton School, which failed to make an appearance in the ranking last year, takes the top spot. Top Ten Overall Here are the top 10 MBA programs of The Financial Times 2024 Global MBA rankings (2023 positions are in parentheses): Ranking School 1 The Wharton School (na) 2 INSEAD (2) 3 (tie) Columbia Business School (1) 3 (tie) SDA Bocconi (6) 5 Iese Business School (3) 6 (tie) Northwestern University Kellogg (9) 6 (tie)
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Published: February 6, 2024
U.S. News 2024 Online MBA Rankings: Indiana University–Bloomington Takes the Top Spot
U.S. News & World Report has released its 2024 Best Online Programs rankings, including online MBA programs. Emerging from a tie for first place last year, Indiana University’s Kelley Direct Online MBA program now stands alone as the #1 online MBA in this year’s ranking. Carnegie Mellon University’s Tepper Online Hybrid MBA program jumped from fifth to second. There is a three-way tie for third among UNC Kenan-Flagler MBA@UNC Online MBA program, USC Marshall Online MBA program and the University of Washington Foster Hybrid MBA program.
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Published: February 1, 2024
LBS Announces New Dean & New One-Year MBA Program
Sergei Guriev Sergei Guriev, currently the Provost and Professor of Economics at L’Institut d’études politiques de Paris, has been selected as the next Dean of London Business School (LBS). He will assume the role at the beginning of the 2024/25 academic year and will also join the LBS faculty as a Professor of Economics. Professor Guriev has a diverse background, previously heading the New Economics School in Moscow and serving as the chief economist at the European Bank of Reconstruction and Development. He is known for his academic excellence and contributions to economics and politics, with research spanning the
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Published: January 28, 2024
HBS Announces Timing of Interview Invitations for Round 2
If you applied to Harvard Business School in Round 2, get ready for some big application news from the school on Wednesday, January 31st at noon ET. In a post to the Direct from the Director’s blog, the school shared the following details: “Next week, on Wednesday, January 31 at 12:00pm (noon) Eastern Time, everyone who applied in Round 2—or received a “Further Consideration” decision in Round 1—will receive an update via the Application Status page. “There are two possibilities: “Invite to Interview – Congratulations, you are moving forward
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Published: January 18, 2024
INSEAD Employment Statistics: MBA Classes of December 2022 & July 2023
Eighty-eight percent of the MBA Classes of December 2022 (’22D) and July 2023 (’23J) of INSEAD reported receiving at least one job offer within three months of graduating, according to the MBA employment statistics. Ninety-eight percent of the 875 graduates across the two classes responded to the employment survey, with 80 percent reporting their career decisions and 82 percent providing salary information. The overall annual mean salary landed at €113,400 and the overall annual median salary at €109,600. The median sign-on bonus came in at €25,100. Industry Choices INSEAD breaks down industry choice according
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Published: January 16, 2024
Texas McCombs MBA Employment Report: Class of 2023 Earns Record Salaries
The University of Texas Austin McCombs School of Business has released its 2023 MBA employment report. Of the 271 graduates of the Class of 2023, 239 sought employment. Nearly 79 percent received job offers by graduation and that number increased to 90.4 percent within three months of graduation. Those seeking employment set a new record, as they secured the highest average base salary in the school’s history of $157,735. The median salary landed at $175,000 with the overall range of salaries coming in at $48,000 to $225,000. The average signing bonus was $32,915
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Published: January 9, 2024
Chicago Booth MBA Class of 2023 Employment Report: Higher Median Salaries & High Consulting Placement
The employment report for the MBA Class of 2023 at the University of Chicago Booth School of Business reveals a higher median salary over the Class of 2022. Of the 628 members of the graduating class, 83.9 percent (or 527 students) were seeking employment. At graduation, 91.1 percent of these MBAs had received a job offer, and nearly 96 percent had received offers three months post-graduation. Job acceptances at the three-month mark landed at 94.3 percent. Regarding the graduates not seeking employment, roughly nine percent were company-sponsored and four percent started their own business or pursued entrepreneurial
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Published: January 2, 2024
UC Berkeley Introduces MBA/Master of Climate Solutions Dual Degree Program
The UC Berkeley Haas School of Business and the Rausser College of Natural Resources at UC Berkeley have introduced a new MBA/Master of Climate Solutions (MCS) dual degree program aimed at preparing the next generation of leaders in sustainability and climate action. Set to commence in the fall of 2024, the program offers students the opportunity to obtain both an MBA and an MCS degree in just two and a half years, or five semesters. Application deadlines for the initial MBA/MCS cohorts are January 4, 2024, and March 28, 2024. Designed for early-career professionals
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Published: December 25, 2023
Kellogg MBA Employment Report Class of 2023: Record High Median Compensation & Consulting Placement
The Two-Year MBA Class of 2023 at Northwestern University’s Kellogg School of Management achieved record-high median compensation, according to the employment report. 420 of the 501 graduates of the MBA Class of 2023 sought employment. Sixty-two students were company-sponsored or already employed while 11 started their own business. At three months post-graduation, 95 percent of newly-minted Kellogg MBAs seeking employment reported receiving a job offer. Liza Kirkpatrick, Assistant Dean of the Career Management Center, remarks, “Students are landing jobs at incredible companies in challenging roles, empowered with tools through our Career
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Published: December 20, 2023
New Accelerated MBA at Carnegie Mellon Tepper
The Carnegie Mellon University Tepper School of Business has introduced an Accelerated MBA that can be completed in 12 or 16 months, compared to a two-year, traditional full-time MBA. The Accelerated MBA is designed for business graduates or those with undergraduate business coursework who want to take advantage of their educational experience to accelerate their degree. Candidates should have at least three years of work experience and have taken courses in accounting, finance, marketing, microeconomics, and operations in the last ten years from an accredited
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Published: December 12, 2023
MIT Sloan Employment Report: MBA Class of 2023 Finds Success Amid Disruption
The MBA Class of 2023 of the MIT Sloan School of Management found job opportunities and saw an upward trend in salaries amid a disrupted economic climate, according to the MBA employment report. Sloan MBAs are looking toward their futures, with 38.6 percent citing growth potential as their top reason for accepting a position. Every member of the Class of 2023 reported their employment outcomes. Of the 446 MIT Sloan MBA graduates, 336 (75.3 percent) sought post-MBA employment. Nearly 11 percent were sponsored and rejoined their pre-MBA
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Published: December 12, 2023
New MBA Certificate in the Business of Healthcare at Georgetown McDonough
Georgetown University’s McDonough School of Business is responding to the dynamic challenges facing the U.S. healthcare system by introducing a new MBA Certificate in the Business of Healthcare. The program, set to commence in the spring of 2024, aims to equip Full-time, Flex MBA, and Flex MBA Online students with the knowledge and skills to navigate the evolving landscape of healthcare in the United States. The certificate will focus on preparing graduates to address critical issues arising from factors such as escalating medical expenses, rising prescription drug costs, federal regulations, and technological disruptions. Recognizing the increasing intersection
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Published: December 11, 2023
Berkeley Haas 2023 MBA Employment Report: Social Impact & Higher Salaries
The University of California Berkeley Haas School of Business has released its MBA Class of 2023 employment report, demonstrating strong post-graduation outcomes with higher salaries. Of the 294 Haas MBA graduates, 257 (87 percent) reported seeking post-MBA employment. 231 of graduates (89.9 percent) looking for work secured offers within three months and 228 (88.7 percent) accepted. The entrepreneurial spirit was high at Haas as 12.7 percent of the class opted to work for startups, and another 3.4 percent of graduates ventured into starting their own businesses.
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Published: December 10, 2023
Wharton Employment Report: MBA Class of 2023 Maintains Record Median Salary
The University of Pennsylvania’s Wharton School has released its MBA employment report for the Class of 2023, and graduates maintained the school’s record median salary of $175,000. Of the 917 graduating Wharton MBA students, 75 percent (688 students) sought employment. An impressive 97.2 percent of MBA graduates seeking employment received a job offer within three months of graduation, while 92.3 percent had accepted job offers. Out of the 17 percent of graduates not seeking employment, half (83 students) returned to their pre-MBA companies. A quarter (39 students)
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Published: December 4, 2023
Stanford GSB Employment Report: MBA Class of 2023 Pursue What Matters Most
It’s time for a deep dive into the just-released employment report for the Stanford GSB MBA Class of 2023. To start, 89 percent of students seeking employment received job offers within three months of graduation. Eighty-two percent of GSB graduates seeking employment accepted positions within three months of graduation. For the ninth consecutive year, Stanford GSB MBA graduates have seen an increase in mean and median starting salaries. “Graduating students in the MBA Class of 2023 entered the full-time job market during a period of economic uncertainty. Our students reflected on what mattered most
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Published: December 3, 2023
Columbia MBA Class of 2025 Profile: Diverse & Intellectually Driven
Columbia Business School‘s MBA Class of 2025 welcomed a diverse cohort of 900 students, with 681 starting in August and 219 beginning in January. According to this year’s class profile, CBS received 5,895 applications this past admissions season, compared to 6,177 for the Class of 2024. Unlike last year, the school did not report the number of applicants admitted. The overall class size increased a bit–900 this year vs. 844 total for the Class of 2024. While 681 students began their CBS MBA in August this year, 629 started last August. Meanwhile, the
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Published: November 29, 2023
Dartmouth Tuck MBA Employment Report: Class of 2023 Performs Well in Challenging Economy
The Dartmouth Tuck MBA Class of 2023 employment report reveals an impressive 96 percent of job seekers securing employment offers within three months of graduation, underscoring the program’s success in preparing graduates for the current business climate. “These healthy employment numbers are a testament to the strong combination of skills—coveted by top companies in every industry—that Tuck graduates offer. No matter their post-MBA path, Tuck MBAs have a high likelihood of success,” said executive director of Career Services Stephen Pidgeon (T’07) in the school’s coverage. “These outcomes
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Published: November 28, 2023
HBS Employment Report: MBA Class of 2023 Stays Strong in Finance
The Harvard Business School (HBS) employment report shows a successful MBA Class of 2023 that matched last year’s high median base salary of $175,000. Of the 1,010 students who matriculated for the class, 73 percent were seeking employment post-MBA. Twenty-three percent of the MBA Class of 2023 did not seek employment. Of the latter, 13 percent started their own business and 11 percent were company sponsored or already employed. Industry Choice Positions in the financial services industry, including investment banking, investment management, venture capital, private equity and others,
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Published: November 26, 2023
UVA Darden MBA Employment Report: Class of 2023 Sets New Records in Compensation
The University of Virginia Darden School of Business marks a new record-high average base salary for its MBA graduates in the employment report for the MBA Class of 2023, who landed earnings of $167,899. “Against an every-shifting economic backdrop, we could not be prouder of these forward-thinking students wo not only achieved excellent career outcomes, but also reached new heights in average compensation,” Career Center Assistant Dean Jeff McNish was quoted in the report. “As these numbers show, Darden MBA graduates are highly valued by leading global companies
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Published: November 21, 2023
MBA & Sustainability Spotlight: Northwestern Kellogg
With insights from Northwestern University’s Kellogg School of Management, we continue to learn about how the MBA and sustainability go hand in hand. Read on for how the leading business school supports sustainability inside and outside of the classroom. Clear Admit: How does the curriculum for full-time MBA students support leadership in sustainability, or how is it evolving to do so? Northwestern Kellogg: Kellogg has been at the forefront of teaching sustainable innovation by equipping our students with frameworks and toolkits needed to develop business strategies that address climate change. Our world-class faculty and
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Published: November 20, 2023
LinkedIn Ranks The 50 Best U.S. MBA Programs For 2023
Business- and employment-centered social media site LinkedIn has tapped its vast professional network in an attempt to rank the top MBA programs in the U.S. The site’s “50 best U.S. business schools to grow your career” is its first foray into annual MBA program rankings and effectively uses its own data to do so. What differentiates LinkedIn’s MBA rankings from existing sources such as U.S. News & World Report, Bloomberg, and Financial Times? First, the site researched how valuable an MBA degree is by looking at its own aggregated profile data,
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Published: November 19, 2023
London Business School MBA Class of 2025: A Global Cohort
The London Business School (LBS) MBA Class of 2025 arrived on campus in August of 2023 for a program that will last 15, 18 or 21 months, depending on a candidate’s choice of structure. This year’s student cohort demonstrates the global draw and diversity of LBS. The MBA Class of 2025 is comprised of 487 students, of which 43 percent are women, which is within striking distance of gender parity. There are 63 nationalities represented in the LBS MBA program with just six percent hailing from
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Published: November 16, 2023
MBA & Sustainability Spotlight: Michigan Ross
We take a closer look at the MBA and sustainability with Jerry Davis, Professor of Management and Organizations at the University of Michigan’s Ross School of Business. Read on for how students at the leading business school can learn about sustainability through the curriculum, initiatives and more. Clear Admit: How does the curriculum for full-time MBA students support leadership in sustainability, or how is it evolving to do so? Jerry Davis: Michigan Ross students have a variety of paths they can take to acquire the skills necessary to be leaders in sustainability: One, students
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Published: November 16, 2023
Cornell SC Johnson MBA Class of 2023 Employment Report: New Salary Highs
Cornell University’s Samuel Curtis Johnson Graduate School of Management MBA Class of 2023 employment report showcases the robust market demand for the class. 285 out of 306 graduates were seeking employment and, within three months of graduation, 94 percent of the class secured employment offers. Ninety-three percent accepted job offers within three months of graduation. The average base salary for the Class of 2023 of $162,808 marks a five percent increase compared to the previous year’s class, and the average signing bonus increased slightly as well
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