MBA News
A collection of news items from MBA programs and about the business school admissions process.
Published: October 19, 2023
NYU Stern MBA Class of 2023 Employment Report: Record-High Compensation–Again
The NYU Stern School of Business MBA Class of 2023 continued the upward trend of compensation for Sternies, achieving the highest ever mean total compensation and median base salary, according to the new employment report. The median base salary increased $5,000 over last year’s class to an all-time record of $175,000. Average total compensation for the Class of 2023 climbed from $196,143 to $201,727, another record. Of the 315 graduates (89 percent of the 353-member class) seeking employment, 94 percent accepted jobs within three months of graduation. Associate Dean for Careers
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Published: October 19, 2023
MBA & Sustainability Spotlight: Duke Fuqua
We continue our new series that gives MBA programs the stage to talk about sustainability–how it’s incorporated into their curriculum, related resources for students, and more. For this installment, Duke Fuqua shares how they sewn sustainability into their school. Clear Admit: How does the curriculum for full-time MBA students support leadership in sustainability, or how is it evolving to do so? Duke Fuqua: We believe MBAs need to understand the implications of climate and sustainability across every sector and level of business. With that in mind, our curriculum is designed to prepare students to
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Published: October 17, 2023
Michigan Ross Employment Report: Consulting Careers Lead the MBA Class of 2023
The University of Michigan Ross School of Business is celebrating another year of outstanding employment outcomes for its MBA graduates. The MBA Class of 2023 employment report reveals impressive statistics, and for the third consecutive year, the job offer rate has exceeded 95 percent, reflecting the consistently strong performance of Ross graduates. “We are very pleased with the employment results for this year’s Michigan Ross Full-Time MBA graduates,” said Heather Byrne, managing director of the Career Development Office at Michigan Ross, in the
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Published: October 16, 2023
Landmark Gift Endows Powerful Kellogg Entrepreneurship Program
The Kellogg School of Management at Northwestern University’s Zell Fellows Program has received a $25 million gift from the Zell Family Foundation in honor of the program’s 10th anniversary, creating a permanent home for it at Kellogg. Established in 2013 by the recently passed Sam Zell, the Zell Fellows Program is an “applied entrepreneurial experience” for select MBA candidates interested in starting a new venture or acquiring an existing small business. Up to 20 students who demonstrate drive, humility, and a sense of community are chosen
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Published: October 12, 2023
Georgetown McDonough MBA Class of 2025 Profile: Effecting Change in Global Business
Georgetown University’s McDonough School of Business introduced the MBA Class of 2025 with the latest class profile, noting they are “a group of students who bring academic, professional, and personal diversity to our programs, and who are driven to effect change in the world of global business.” Numbering 258 students, the cohort was selected from 1,428 applications. Women comprise 31 percent of the class and 59 percent are international, representing 40 different countries. African American, Asian American, Hispanic American, and Native American students make up 42 percent of the
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Published: October 12, 2023
Michigan Ross MBA Class of 2025 Profile: High Representation and Achievement
The University of Michigan Stephen M. Ross School of Business MBA Class of 2025 profile is a striking demonstration of the school’s commitment to bringing together an accomplished cohort with diverse experiences. Out of a class numbering 379, more than 40 percent across the board are women, U.S. minorities, or international students. Here are some key elements of the profile: Michigan Ross MBA Class of 2025: Undergraduate Background Average Undergraduate GPA 3.43 Percent majoring in STEM 44% Percent majoring in business 34% Percent majoring
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Published: October 11, 2023
MIT Sloan MBA Class of 2025 Profile: Critical Diversity
The 409-member MIT Sloan MBA Class of 2025 was assembled with the program’s goal of building teams of students with a variety of skills and experience. “This diversity is critical to the MBA experience. Together, we benefit from the many perspectives our MBA and LGO students from all over the world bring to the community,” the report opens. Diverse Demographics The MBA class came close to gender parity, with 46 percent of the students being women. International students comprise 40 percent of the class, representing 60 countries.
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Published: October 10, 2023
Texas McCombs MBA Class of 2025 Profile
The University of Texas at Austin McCombs School of Business has released its MBA Class of 2025 profile. The new MBA cohort numbers 241 students and includes 36 consortium members, 61 Forté MBA Fellows, and 15 dual-degree students, promising to bring a diverse array of experience and perspectives to the program. Out of U.S. students, 35 percent represent a minority, and 18 percent are historically underrepresented minority students. Thirty-five percent of students are women, and international students make up 26 percent of the class. An impressive
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Published: October 8, 2023
MBA & Sustainability Spotlight: Harvard Business School
We are excited to begin a new series that gives MBA programs the stage to talk about sustainability–how it’s incorporated into their curriculum, related resources for students, and more. To kick off the series, Harvard Business School (HBS) sheds light on their support for sustainability. Clear Admit: How does the curriculum for full-time MBA students support leadership in sustainability, or how is it evolving to do so? HBS: During the first year required curriculum (RC), students are exposed to over 20 cases covering environment and sustainability content. In spring 2023, a new required course was added,
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Published: October 5, 2023
Carnegie Mellon Tepper MBA Class of 2025 Profile
The Carnegie Mellon University Tepper School of Business has released its MBA Class of 2025 profile, demonstrating a continuing commitment to diversity. Diverse Demographics Out of 171 students, 36 percent are women. An impressive 49 percent of the class are U.S. minorities. Twenty-six percent of U.S. citizens and permanent residents identify as underrepresented minorities–American Indian/Alaska Native, Black/African American, Hispanic/Latino, Native Hawaiian/Pacific Islander, or multiethnic. LGBTQ+ students make up seven percent of the class, and military veterans eight percent. Fifty-three percent
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Published: October 5, 2023
NYU Stern MBA Class of 2025 Profile: Maintaining Excellence & Diversity
New York University’s Stern School of Business MBA Class of 2025 profile nearly mirrors the record-breaking Class of 2024. The new class earned an average GMAT score of 732, just shy of last year’s record of 733. They also showed their academic strengths with an average undergraduate GPA of 3.61–again, nearly identical to last year’s 3.62. Stern also maintained the diversity of the newest MBA class, as percentages of women, international students and U.S. minorities remained virtually unchanged compared to last year. Last year, out of 3,553 applicants, Stern admitted 962, setting their
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Published: October 3, 2023
Chicago Booth MBA Class of 2025 Profile: Ready to Make an Impact
The University of Chicago’s Booth School of Business welcomes its MBA Class of 2025, a cohort assembled with an emphasis on “diversity of thought, background, and career objectives.” The 637 enrolled full-time MBAs were selected from a pool of 4,184 applicants. Global Perspective and Inclusion Chicago Booth continues to be a global hub for business education, with international students hailing from 54 countries making up 36 percent of the MBA Class of 2025. Almost half, 49 percent, of the students were born
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Published: October 1, 2023
Berkeley Haas MBA Class of 2025: A Diverse and Accomplished Cohort
The UC Berkeley Haas School of Business has released its MBA Class of 2025 profile for 244 new students, who bring a wide range of experiences, backgrounds, and perspectives to the classroom. Diversity and Representation The Class of 2025 is 41 percent women, a five percent slip from last year’s near-parity. Forty-seven percent are international students representing 39 different countries. Within the U.S. contingent, 48 percent identify as minorities, with 13 percent classified as underrepresented minorities, underscoring the school’s dedication to promoting equity and opportunity. Additionally,
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Published: September 28, 2023
UVA Darden MBA Class Profile of 2025: A Record Year for First-Generation Students
The University of Virginia Darden School of Business has released its MBA Class of 2025 profile. This year’s 352 enrolled students include a record contingent of first-generation college students. This year’s incoming MBA cohort is 37 percent women, which matches last year’s class. Forty-one percent are international students and represent 33 countries all together. Fourteen percent identify as a U.S. minority, a six percent dip from last year. Seven percent identify as LGBTQ+, and 14 percent are current or former U.S. military service members. A record-setting
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Published: September 27, 2023
Cornell Johnson Two-Year MBA Class of 2025 Profile
The Cornell Johnson Two-Year MBA Class of 2025 is a leaner, but still competitive, cohort. This year’s Cornell University Samuel Curtis Johnson Graduate School of Management’s incoming students numbered 283, a drop from the Class of 2024’s enrollment of 303, but the academic statistics remain on par or better for Cornell admits. Here are some key elements of the MBA class profile: Cornell MBA Class Profile: Undergraduate Background and GMAT Statistics Median Undergraduate GPA 3.35 Median GMAT Score 710 Cornell MBA Class Profile: Student Characteristics Women 43% Countries Represented (by citizenship) 39
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Published: September 27, 2023
Stanford MBA Class of 2025 Profile: Gathering Diverse Worldviews
Out of 6,190 applicants, the Stanford Graduate School of Business welcomed 431 new students to its MBA Class of 2025. The report opens with the remarks, “We assess each applicant based on merit and we define diversity in the broadest sense. The class profile is intended to portray just a few of the dimensions that can shape your lived experience at Stanford GSB. Identity is multidimensional — as you consider some of the perspectives represented in the MBA Class of 2025, we invite you to reflect on the identities, intersections of identity, and experiences that contribute
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Published: September 26, 2023
HBS Announces Timing of Round 1 Interview Invitations & Early Release
Applicants to Harvard Business School can expect some big news from the school on Wednesday, October 4th at noon EST. In a post to the Direct from the Director’s blog, HBS admissions wrote that Round 1 applicants can expect the following: “Next Wednesday, October 4, at 12:00 noon Eastern Time, all Round 1 applicants will receive an update via their Application Status page on next steps in our process. There are three possibilities: Invite to Interview – this is very good news! If you are in this group, you will receive additional information regarding the process
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Published: September 26, 2023
Yale SOM MBA Class of 2025 Profile: Truly Global
The Yale School of Management welcomed 339 new students to its MBA Class of 2025 this August. When first introducing the new class, Bruce DelMonico, Assistant Dean for Admissions, said, “What brings these incredibly diverse members of the Yale SOM Class of 2025 together is their aspiration to embody the school’s mission of educating leaders for business and society. We are so excited for them to begin this journey!” Academic and Professional Achievements Sixteen percent of the new Yale SOM class
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Published: September 21, 2023
Northwestern Kellogg MBA Class of 2025 Profile: Academic Excellence & Exemplifying Kellogg Leadership
Northwestern University’s Kellogg School of Management welcomed 529 new students as part of the MBA Class of 2025. Introducing the class profile, the school noted, “We are excited to welcome this new class of students who exemplify what it means to be a Kellogg Leader. They not only uphold Kellogg’s rigorous standard of academic excellence, but they demonstrate the unique combination of analytical, creative and social intelligence that sets our graduates apart time and time again.” Here are some highlights of
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Published: September 20, 2023
Dartmouth Tuck MBA Class of 2025 Profile: Diversity of Lived Experiences
The Dartmouth Tuck School of Business welcomed 297 students to their MBA Class of 2025, as reported in the latest class profile. The new class maintained the school’s record high GMAT average of 726 and again enrolled 40+ percent women. “With every Tuck class, we aspire to craft a robust collection of experiences, ideas, and goals,” says Lawrence Mur’ray, executive director of admissions and financial aid in the press release. “The diversity of lived experiences represented within the class benefits not only the students, who will learn with and through each
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Published: September 19, 2023
Harvard MBA Class of 2025 Profile: Holding Steady with Diversity, Bump to GMAT Median
Harvard Business School published their MBA Class of 2025 profile and the program maintained diverse representation and academic strengths. The percentages of women, international students and U.S. minorities nearly mirror last year’s class. The new HBS MBA candidates achieved a median GMAT score of 740 and had earned an average undergraduate GPA of 3.73. HBS received 8,149 applications for the Class of 2025 and 938 ultimately enrolled. The year prior, the MBA program received 8,264 applications and landed at a class size of 1,015. Harvard MBA Class of 2025 Profile Breakdown Here are some key elements
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Published: September 18, 2023
Stanford GSB Tops Bloomberg Businessweek’s U.S. Business School Rankings 2023-2024
Bloomberg Businessweek’s 2023-2024 Best B-Schools ranks the top business schools globally by region, charting assessments of programs in the U.S., Europe, Asia-Pacific region, and Canada through a rigorous analysis of data and survey responses. This year, the ranking covers 110 full-time MBA programs. To qualify, programs had to be taught primarily in English. Bloomberg Businessweek surveyed 6,574 students, 10,347 alumni, and 713 employers, and also weighed compensation and employment data to determine schools’ scores. The top five of the U.S. business schools ranking sees the same schools as last year’s, with some slight shuffling. The Stanford Graduate
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Published: September 18, 2023
NYU Stern Launches One-Year Full-time MBA Program with NYU Abu Dhabi
The NYU Stern School of Business has announced its new Stern at NYU Abu Dhabi One-Year Full-time MBA Program. The program, a partnership between Stern and NYU Abu Dhabi (NYUAD), is the first full-time MBA offering from a top U.S. business school in the Middle East. It is designed for early-career professionals interested in building a career in the Middle East and North Africa (MENA) region. In the school’s press release, Dean of NYU Stern School of Business Raghu Sundaram stated, “The introduction of this full-time MBA to the MENA region
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Published: September 14, 2023
Duke Fuqua Dean Reflects on the Value of Diversity
Bill Boulding, Dean of Duke University’s Fuqua School of Business It’s a well-documented truth that diversity is critical for business. More diverse teams consistently outperform homogenous ones. The collision of differing perspectives stimulates fresh ideas and fuels innovation, making it a vital driver for success in today’s business landscape. For Bill Boulding, Dean of Duke University’s Fuqua School of Business, the national conversation about admissions policies in higher education underscores the direction Duke Fuqua has taken in diversity, equity, and inclusion. Boulding wrote about Duke Fuqua’s continuing effort to
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Published: September 7, 2023
Duke MBA Class Profile: Daytime MBA Class of 2025 Maintains Diversity
Duke University’s Fuqua School of Business welcomed 385 students to its Daytime MBA Class of 2025. While last year’s class of 399 students posted some increases in certain measures, this year’s class settled back into the representation found a couple of years ago. There are simply slight dips in women and U.S. minority representation compared to last year–but these figures are still strong for making a diverse cohort now. That said, U.S. underrepresented minority and international representation by primary citizenship increased. Here are some key elements of the profile: Duke Fuqua Class Profile
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