60% of Admissions Officers say GMAT Integrated Reasoning Section Scores Unimportant

The majority of admissions officers from more than 200 U.S. business schools say an applicant’s score on the GMAT’s Integrated Reasoning section is not so important.

In a recent survey, Kaplan found that 60% of admissions officers said that performance on the IR section was not important.

But Kaplan reports that 50% of business schools surveyed point to a low overall GMAT score as “the biggest application killer.” 

For its 2014 survey, Kaplan polled admissions officers from 204 business schools from across the United States, including 11 of the top 30 MBA programs as ranked by U.S. News & World Report. 

The IR section is scored separately from the Qualitative, Verbal and Analytical Writing Assessment sections of the GMAT exam, which means that poor performance on this new section can’t be masked by stronger performance on the other sections. 

For more details see the 2014 Kaplan survey of admissions officers

MBA 留学 ニュース：シカゴ大学経営大学院・Chicago Booth Releases Interview Notification Timeline

Tyler Smith, Assistant Director of Admissions at Booth, has written a post titled Behind the Scenes of Round One,”  providing details of Booth’s admissions process for Round One applicants, and Booth’s timeline for Round One interview notifications.

The Admissions Committee at Booth is reviewing Round One applications. 

- Applications are read in random order and interview decisions will be made on a rolling basis. 

- Booth will notify candidates whether they have been invited back for an interview beginning in mid-October

-  All candidates should receive notice of their status by October 24th.

The Booth Admissions Committee strongly encourages all applicants who are invited to interview to come to Booth for their interview.

However, alternate interview arrangements available in cities across the world. 

- On-campus interviews are conducted by Booth second-year student fellows.

- Off-campus interviews are conducted by second-year students or alumni.

 Booth’s final admissions decisions will be released at 9:00 AM CST on December 18th.

For more information, see the Booth Insider blog

MBA 留学 ニュース：UNC Kenan-Flagler Publishes New MBA Application Guide

UNC Kenan-Flagler Publishes New MBA Application Guide 

MBA ApplicationMBA@UNC at the University of North Carolina’s Kenan-Flagler Business Schoolhas just released a new MBA application guide. Though produced by Kenan-Flagler, the guide is a useful resource for students applying to any business school.

Through a series of online articles, MBA@UNC has compiled best practices along with tips and advice for preparing the strongest possible MBA application. n

Topics covered include:

GMAT vs. GRE: Which Is Best for Your MBA Application?

With many MBA programs now accepting both the GRE and GMAT, you have the advantage of choosing the test that is a better fit for your skills and goals. To decide which one to take, learn about the major differences between the two tests.

How to Strengthen Your MBA Application Resume

A successful resume lists real-world accomplishments and demonstrates career progression. While it may be tempting to include dozens of job tasks and responsibilities, you should only feature your most impressive accomplishments—especially those related to leadership experience.

How to Secure Strong Letters of Recommendation 

MBA letters of recommendation give the admissions committee an outside perspective of your qualifications. However, before you ask someone to write you a letter of recommendation, it’s important to keep several strategies in mind in order to achieve the best results.

Four Ways to Craft a Compelling MBA Essay

MBA essays give you the opportunity to express your individuality, share personal anecdotes and even get creative. As you prepare to write your admissions essays, consider a few practical tips to make a positive, lasting impression and stand out from the crowd.

Nine Tips for Acing Your Business School Interview

An MBA interview is the only face-to-face component of the application, so it gives the admissions committee insight into your level of professionalism, in-person communication skills and demeanor. There are several useful steps you can take to prepare for the interview—from practicing common interview questions to customizing an elevator pitch.

For more information see the MBA ApplicationMBA@UNC 

Fewer Women MBA Candidates for 2015

The Graduate Management Admission Council said Sept. 29 that the number of women applicants in 2014 fell slightly for full-time, two-year MBA programs to 37% this year vs. 39% in 2013.

Wharton reported a slight fall in the percentage of women enrolled in its full-time MBA Class of 2016 to 40%, from 42% a year ago. The school had set a record in 2011 among the world’s elite business schools for having a 44.7% female ratio. Harvard Business School maintained its 41% level of representation in its just-entered class of MBAs.

GMAC’s just published Application Trends Survey counted 106,877 applications from women, 38% of the 2014–2015 applicant pool.

Women represent 43% of all GMAT exams taken worldwide. GMAC said that women make up a majority of students in master’s programs in marketing and communications (65%), accounting (62%), and management (54%). In master’s of accounting programs, there was a year-over-year increase of three full percentage points from 59% in 2013.

GMAC said that women also represent 40% or more of the applicants in part-time lockstep MBA programs (41%), part-time self-paced MBA programs (40%), flexible MBA programs (43%), and master of finance programs (46%).

GMAC said that testing year 2013 marked the fifth year in a row that women broke the 100,000 mark in the number of GMAT exams taken.

For more information see the 2014 GMAC Application Trends Survey

MBA Applications Up for 2015: GMAC 2014 Application Trends Survey

According to the GMAC 2014 Application Trends Survey, 61% of global full-time two-year MBA programs participating in the survey reported application growth – up from 50% of programs in 2013 and only 43% in 2012. It is the first time in five years when a majority of schools reported an increase.

Here are the key points:

• 35% of the 314 responding business schools told GMAC their applications were down this past year. As recently as 2011, 67% of the surveyed schools reported declines in two-year MBA applications.
• The last time a majority of schools reported rising applications in two-year, full-time MBA programs was 2009. At that time, 64% of the respondents reported an uptick.
• 60% business schools with one-year MBA programs reported a decline in applications this past year.
• 65% of U.S. full-time two-year MBA programs report receiving more applications from foreign candidates, up from 56% in 2013, and 41% in 2012. U.S. schools report  that India and China are their largest sources of foreign students.
• The percentage of professional MBA programs (part-time, flexible, online, and executive MBA) reporting increased application volume was higher this year than in 2013, however, the majority of programs is not yet experiencing growth.
• Growth in application volume is seen among Master in Marketing and Communications, Master in Information Technology, Master in Management, and Master of Accounting programs. Master of Finance programs are experiencing declining volume for the third year in a row.

In the United States, 65 percent of full-time two-year MBA programs report receiving more applications from foreign candidates, while demand also continues to improve among domestic candidates (up for 48% of programs in 2014 compared with 22% in 2012). The following programs reported a majority of foreign candidates in their applicant pools:

1. Master of Finance (82% of applicants)
2. Master in Management (73%)
3. Master in Marketing and Communications (69%)
4. Full-time one-year MBA (56%)
5. Full-time two-year MBA (52%)
6. Citizens of countries in East and Southeast Asia and Central and South Asia make up the majority of foreign candidates applying to programs in Asia-Pacific, Canada, India, and the United States.
7. Programs located in Europe received their largest share of foreign candidates from East and Southeast Asia and from other European countries.

For more information please see GMAC 2014 Application Trends Survey

MBA ニュース : ウォートン・スクール Entrepreneur Top Class 2016!

Nadine Kavanaugh, Associate Director, Wharton Entrepreneurship says the Class of 2016 is already incredibly entrepreneurial.

• 5% of the class has prior entrepreneurship experience. 
• 82 students in the Class of 2016 have held significant roles at startups—that’s up from just over 30 last year. So we know they’ve got the startup bug.
• 23% (203 students, more than double the number in last year’s class) plan to start their own company after Wharton.

For more information, please see The Very Entrepreneurial Class of 2016

MBA ニュース: ESADE Names Professor Josep Franch as New Dean

ESADE Business School announced Professor Josep Franch will be the school’s

new dean.

Professor Jonathan Wareham will serve as the new dean of faculty and research and Professor Francisco Longo will assume the newly created role of associate director general, the school announced.

Franch will be responsible for the academic management of ESADE’s full-time MBA programs, as well as its Bachelor in Business Administration (BBA) and Masters of Science in Management. 

Franch was previously the director of the Department of Marketing Management and is an expert in international marketing, and specifically in designing marketing strategies for global brands. He is also an expert in the case study method and has written more than 60 case studies.

During his time at ESADE, Franch has taught at top-tier institutions in 18 countries.

He also helped oversee the launch of the Master in Management program. Prior to joining ESADE, he worked in the private sector at Fujifilm and as a consultant to Novartis, Sony and Xerox.

For more information, please see here

How Much Does A Top MBA Degree Cost?

What’s the most expensive two-year MBA program? 

It's not Harvard or Stanford, or Wharton or Chicago, or Dartmouth or Yale.

Its's Columbia Business School. Columbia estimates that the cost of its two-year, full-time MBA program in New York is $168,307.

Harvard comes in as the seventh most expensive MBA program among the top 20 U.S. business schools.

The total cost of the Columbia program includes two years worth of tuition, fees, books, and the estimated costs to live in New York City. But as often is the case, these numbers are often conservative. Yale’s School of Managment makes clear that its esimates assume a “modest lifestyle.” Cornell informs applicants on its website that its estimate of $11,250 a year for living expenses is “based on the cost of sharing a moderately priced apartment” at a cost of $700 a month rent and putting aside $425 a month for food.

Most MBAs at elite schools will find it hard to live on that budget, especially in New York, Boston, Chicago, or San Francisco. 

In almost all cases, these “total cost” numbers–taken from the school’s websites–are very conservative estimates. Wharton’s $168,000 pricetag, for example, fails to include the cost of its Global Immersion Program, which ranges from $5,800 to $7,800, or the inevitable cost to join clubs, attend conferences and “parties,” which Wharton estimates at $860 a year. 

Those two omissions alone add 6% to the total cost estimate of an MBA degree. Stanford’s estimate of the total cost of its MBA degree doesn’t include a required “global study tour” which costs about $4,000. In most cases, you can expect the “total cost estimate” to be 10% to 20% higher, given your lifestyle preferences and desire to take full advantage of the MBA experience.

The costs of non-U.S. MBA programs can vary widely, especially because in Europe one-year programs are especially popular. London Business School’s 21-month MBA program looks like a bargain if you believe the estimate: $134,152, with $77,854 of that going to pay tuition. The accelerated 10-month MBA program at INSEAD in Fontainebleau, France, costs just $102,714 (with about $73,000 of that for tuition). Of course, that’s the estimate from INSEAD for living expenses, food, and travel. Could you live in France on $30,000 over those ten months? Perhaps if you lived in a trailer or a tent.

The least expensive program is at the University of Texas at Austin. At a total cost of $127,144–more than $40,000 less than a Columbia MBA.

The most expensive public university in the MBA game is UCLA. Higher ranked B-schools at Berkeley, Michigan and Virginia are less expensive in total costs than the Anderson school in Los Angeles–largely because of the highest cost of living in L.A. than Berkeley, Ann Arbor, or Charlottesville.

MIT Sloan is most generous school in terms of financial aid? The school puts together the largest average financial aid packages of the top schools: $130,418. That’s more than $15,000 more than Columbia and more than twice the size of Berkeley’s $67,052 (the lowest amount reported by any of our top 20 schools).

 Harvard effectively discounts the sticker price of its MBA by paying out some $22 million a year in fellowship money. HBS says that nearly half of every MBA class receives an average of some $25,000 per year in “need-based” HBS Fellowships that are granted only on the basis of financial need and not academic merit. The school makes these awards based on an analysis of an applicant’s income for the prior three years as well as the applicant’s assets.

ハーバード・ビジネス・スクール：GMAT vs GRE

Harvard Business School (HBS) accepts both the GMAT and the GRE and does not prefer one over the other. 

HBS Admissions Director Dee Leopold in her Director’s Blog has explained this issue in detail.

The vast majority of applicants opted to submit GMAT scores, the percentage of matriculating admits as compared to total applicants broken out by test were within close range.

But candidates will no longer have the option to submit both test scores. 

• HBS cares less about the overall score than the components
• HBS looks at subscores in the context of the candidate’s profile.”
• The GMAT or GRE-Q score of an engineer with top grades who has been doing highly quantitative work on the job is of less consequence that that of an English major with no quantitative coursework or professional experience. 
• The English major would be helped by a strong GMAT/GRE quant score because it would serve to show Leopold’s team that he or she will be able to handle the quant work at HBS.
• Candidates who don’t have a background that demonstrates extensive practice in reading and writing may be helped by strong verbal subscores. 

HBS does not accept LSATs, MCATs, SATs or undergraduate grades.

Unofficial scores are fine for the application, and official scores will be accepted after the deadline.

MBA ニュース：ダートマス大学 経営学大学院/ Dartmouth Tuck New Immersive Global Experience Requirement

From fall 2015 Tuck School of Business students must spend a country new to them.  

The Tuck Global Insight Requirement will be mandatory for all members of the Class of 2017 and beyond – part of an effort by the school to ensure that a Tuck education includes global immersion, which the school deems essential in today’s business environment.

Students will choose between several immersive courses. 

• Each credit-bearing course will be taught by a member Tuck faculty. It will include pre-travel orientation, an immersive experience in a country new to the student and reflection. 
• Two current classes – OnSite Global Consulting, a global first-year project, and Global Insight Expeditions – will satisfy the requirement.

According to the school, global immersion is already a key part of the Tuck experience for many students. The new requirement will simply extend it to all MBA candidates. Of the Class of 2014, almost 67 percent reporting spending time in a country new to them during their time at Tuck.

Click here for more about Tuck’s Global Insight Requirement.

MBA@UNC: スタンフォード、ハーバード、シカゴ大学 ブース Stanford, Booth Harvard Highest 5-year ROI

unc_roiMBA@UNC, the online MBA program at the University of North Carolina’s Kenan-Flagler Business School, has created an in-depth infographic that shows the demonstrate the return on investment (ROI) of the MBA degree.

• Stanford Graduate School of Business topped the list, with a total five-year MBA gain of $99,700. At Stanford, graduates can expect to begin realizing ROI after 4.1 years. 
• The University of Chicago Booth School of Business came in second, with a five-year gain of $92,600 and graduates recouping their investment after 3.7 years. 
• Harvard Business School came in third, with a five-year gain of $79,600 and 4.0 years to pay back. Kenan-Flagler, for its part, ranked 11th on the list, providing a five-year gain of $67,100 and 3.7 years to pay back.

To determine ROI of the MBA degree, MBA@UNC compared total compensation in the first five years after graduation (salary, bonuses, exercised stock options) to the total cost of earning the degree (tuition, fees, two years of foregone earnings).

• 96 percent of MBA graduates rate the value of their degree as outstanding, excellent or good and would recommend a graduate management education to others, citing data from the Graduate Management Admissions Council. Three out of four of those surveyed by GMAC said they could not have obtained their current job without their degree.

For more information see MBA@UNC

MBA 二ユース: イェール Reports Record Diversity for Class of 2016

Yale SOM Assistant Dean and Director of Admissions Director Bruce Delmonico

has said that its incoming class is among the most diverse in the school’s history.

• 39% of the class is from outside the United States
• 35 different countries
• 37% women
• 25% U.S. minorities
• 13% U.S. underrepresented minorities
• Incoming students include a top-ranked table tennis player, a World Series of Poker competitor, a gold medalist in China’s National Mathematics Olympiad, a published novelist and an award-winning cinematographer

For more details, see Yale SOM’s Class of 2016.

MBA 二ユース: ジョージタウン大学マクドノー経営大学院 MBA Class Profile

The full-time MBA Class of 2016 at Georgetown University’s McDonough School of Business has the highest test scores and greatest diversity in the school's history.

Key facts:

• 270 students from 1,748 applications, a 23% increase in application volume. 
• Average GMAT score reached 691.
• Females make up 32% up from 30% last year. 
• 32% minorities from 29% last year.
• 55% of students are proficient in a second language
• 74% percent have worked, studied or lived outside their home country
• 41% international students comprise up from 34% last year
• 39 different countries
• 22% from financial services
• 15% from consulting,
• 11% technology and new media 
• 10% government
• 8% not-for-profit/social impact sector

For more information please see the Georgetown Admissions Page

Advantages of a One-Year MBA

“Faster…Smaller…Cheaper" is becoming the mantra for business schools?

Popularized in Europe 50 years a one-year MBA is designed to give most of the education of a two-year program for less time and less money.

How much cheaper? Recently, Cornell University launched a tech-driven, three semester MBA program in New York City for $95,000, $20,000 less than its two-year program. 

Northwestern’s one year program coming in around $80,000, about $38,000 less than its two-year counterpart according to U.S. News and World Report data.

In 2013, 55% of the 189 one-year MBA programs generated a higher number of applications over the previous year according to the Graduate Management Admission Council (GMAC). 

Other advantages: 

1. Students only loose 1 year of income. 

2. They have much less debt.

3. They do not lose two years "real experience" in the working world.

According to a 2013 GMAC study, only 53% of one year students had received job offers in March, 8% lower than full-time MBAs in their second years. When it comes to compensation, two-year MBAs earned 9% more than their one-year cohorts.

Other disadvantages, according to  The New York Times: 

1. No time abroad.

2. Fewer electives

3. Can join, but can't lead clubs. 

4. Less time to really forge lifetime connections and networks. Less time for transformation. 

Top institutions like Wharton and Stanford have declined to launch one-year programs. “We haven’t felt comfortable offering a one-year M.B.A. here,” observes Madhav Rajan, who heads Stanford’s full-time M.B.A. program. “[With a two-year program], you get to know your classmates and interact with your professors over two years. The whole notion of our M.B.A. is that it’s a transformative experience.”

For the full article, please see Poets & Quants

Ex-MIT Dean Pleads Guilty To Scam

Gabriel Bitran, former deputy dean of MIT’s business school and his son plead guilty to operating a $500 million hedge fund scam.

Bitran taught at MIT for 35 years and served as deputy dean for five years. As chairman of the Sloan search committee in 2007, he recruited  David Schmittlein as Dean from Wharton in 2007.

Bitran falsely told clients that hedge fund he ran with his son, GMB Capital Partners, was delivering annual returns between 16% and 23%.

Following the Lehman Shock of 2008, several of the Bitrans’ hedge funds had disastrous losses causing investors to lose 50% -75% percent of their principal. 

Some of the money was invested with pyramid  investment swindler Bernard Madoff, who was convicted in 2009 of defrauding investors of billions of dollars and was sentenced to 150 years in prison.

The Bitrans withdrew about $12 million of their own money from the hedge funds, prosecutors allege, while forcing customers to wait to redeem money from their GMB Capital Management, later renamed ClearStream Investments.

He falsely claimed that the money would be invested using a complex trading model based on research Gabriel Bitran conducted at MIT. In fact, they placed investor money with Bernie Madoff and the Petters Group Worldwide, both of which were later found to be Ponzi schemes.

If the plea agreements are accepted by a judge, the two could face between two and five years in prison. They could also be forced to pay as much as $290 million in fines plus payments to victims.

In 2012, the two men settled charges brought by the Securities and Exchange Commission by agreeing to pay $4.8 million and to be barred from the securities industry.

For more details see The Boston Globe 

主なMBA 締め切り 2014-15

IESE Deadlines 2014-2015

Round 1

Application Deadline: October 7, 2014

Decision Notification: December 12, 2014

Round 2

Application Deadline: January 13, 2015

Decision Notification: March 37, 2015

Round 3

Application Deadline: March 3, 2015

Decision Notification: May 8, 2015

Round 4

Application Deadline: May 19, 2015

Decision Notification: July 3, 2015

IESE recommends that all non-EU citizens apply before April.  

Chicago Booth Deadlines 2014-2015

Round One

Application Deadline: September 25, 2014

Final Decision: December 18, 2014

Round Two

Application Deadline: January 6, 2015

Final Decision: March 26, 2015

Round Three

Application Deadline: April 7, 2015

Final Decision: May 26, 2015

Interview invitations will be distributed to select candidates following an evaluation of the submitted application materials. 

Michigan/Ross  Deadlines 2014-2015 

Round 1

Deadline: October 6, 2014

Notification: December 19, 2014

Round 2

Deadline: January 5, 2015

Notification: March 13, 2015

Round 3

Deadline: March 23, 2015

Notification: May 15, 2015

All applications are due at 11:59 p.m. EST on the day of the deadline. 

HEC Paris’s September 2015 Intake Deadlines

Application Deadline: August 15, 2014

Decision Date: September 19, 2014

Application Deadline: September 15, 2014

Decision Date: October 17, 2014

Application Deadline: October 15, 2014

Decision Date: November 14, 2014

Application Deadline: November 15, 2014

Decision Date: December 19, 2014

Application Deadline: December 15, 2014

Decision Date: January 9, 2015

Application Deadline: January 1, 2015

Decision Date: February 5, 2015

Application Deadline: February 1, 2015

Decision Date: March 6, 2015

Application Deadline: March 1, 2015

Decision Date: April 3, 2015

Application Deadline: April 1, 2015

Decision Date: May 11, 2015

Application Deadline: May 1, 2015

Decision Date: June 5, 2015

Application Deadline: June 1, 2015

Decision Date: July 3, 2015

Application Deadline: July 1, 2015

Decision Date: July 24, 2015

Northwestern / Kellogg Deadlines 2014-2015

Round 1

Deadline: September 24, 2014

Notification: December 17, 2014

Round 2

Deadline: January 7, 2015

Notification: March 25, 2015

Round 3

Deadline: April 1, 2015

Notification: May 13, 2015

Georgetown / McDonough Deadlines 2013-2014

Round 1

Application Deadline: October 10, 2014

Decision Notification: December 20, 2014

Round 2

Application Deadline: January 5, 2015

Decision Notification: March 20, 2015

Round 3

Application Deadline: April 1, 2015

Decision Notification: May 15, 2015

Cambridge / Judge Deadlines 2014-2015

Round 1

Deadline: September 19, 2014

Interview Days: November 7 and November 10, 2014

Round 2

Deadline: October 24, 2014

Interview Days: December 5 and 8, 2014

Round 3

Deadline: January 9, 2015

Interview Days: February 16, 20 and 23, 2015

Round 4

Deadline: March 6, 2015

Interview Day: April 17 and 20, 2015

Round 5

Deadline: May 1, 2015

Interview Day: May 29 and June 1, 2015

Emory / Goizueta Deadlines 2014-2015

Round 1

Deadline: October 10, 2014

Notification: December 4, 2014

Round 2

Deadline: November 14, 2014

Notification: January 29, 2015

Round 3

Deadline: January 9, 2015

Notification: March 5, 2015 (Domestic)

March 13, 2015 (International)

Round 4

Deadline: March 13, 2015

Notification: May 1, 2015

International applicants should note that Emory encourages applying by Round 2. Round 3 is the deadline for merit based scholarships. For more information visit Emory/Goizueta’s admissions website.

Cornell / Johnson Deadlines 2014-2015

Round 1

Deadline: October 1, 2014

Notification: December 17, 2014

Round 2

Deadline: January 7, 2015

Notification: March 25, 2015

Round 3

Deadline: March 11, 2015

Notification: May 13, 2015

Oxford / Saïd Deadlines 2014-2015

Stage 1

Application Deadline: 15 September 2014

Interview Decision by: 26 September 2014

Final Decision by: 17 October 2014

Stage 2

Application Deadline: 31 October 2014

Interview Decision by: 14 November 2014

Final Decision by: 5 December 2014

Stage 3

Application Deadline: 9 January 2015

Interview Decision by: 30 January 2015

Final Decision by: 27 February 2015

Stage 4

Application Deadline: 13 March 2015

Interview Decision by: 27 March 2015

Final Decision by: 24 April 2015

Stage 5

Application Deadline: 24 April 2015

Interview Decision by: 8 May 2015

Final Decision by: 29 May 2015

Stage 6

Application Deadline: 29 May 2015

Interview Decision by: 12 June 2015

Final Decision by: 26 June 2015

CMU / Tepper Deadlines 2014-2015

Round 1

Deadline: October 5, 2014

Notification: December 15, 2014

Round 2

Deadline: January 4, 2015

Notification: March 25, 2015

Round 3

Deadline: March 15, 2015

Notification: May 15, 2015

International applicants should note that Tepper highly encourages applying by the Round 2 deadline. 

UVA / Darden Deadlines 2014-2015

Round 1: October 10, 2014

Round 2:  January 7, 2015

Round 3:  April 1, 2015

Applications must be submitted by 5:00PM EST.

Duke / Fuqua Deadlines 2014-2015

Early Action

Deadline: September 17, 2014

Interview invitations sent by: October 7, 2014

Notification: October 29, 2014

Round 1

Deadline: October 20, 2014

Interview invitations sent by: November 20, 2014

Notification: December 19, 2014

Round 2

Deadline: January 5, 2015

Interview invitations sent by: February 4, 2015

Notification: March 13, 2015

Round 3

Deadline: March 19, 2015

Interview invitations sent by: April 7, 2015

Notification: May 6, 2015

UNC / Kenan-Flagler Deadlines 2014-2015

The four rounds of deadlines are as follows:

Early Action Round

Deadline: October 17, 2014

Interview Completed: December 5, 2014

Notification: December 15, 2014

Round 2

Deadline: December 12, 2014

Interview Completed: January 26, 2015

Notification: February 2, 2015

Round 3

Deadline: January 16, 2015

Interview Completed: March 9, 2015

Notification: March 16, 2015

Round 4

Deadline: March 13, 2015

Interview Completed: April 20, 2015

Notification: April 27, 2015

HEC Paris’s January 2015 Intake Deadlines

Application Deadline: July 1, 2014

Decision Date: July 25, 2014

Application Deadline: August 15, 2014

Decision Date: September 19, 2014

Application Deadline: September 15, 2014

Decision Date: October 17, 2014

Application Deadline: October 15, 2014

Decision Date: November 14, 2014

Application Deadline: November 15, 2014

Decision Date: December 19, 2014

INSEAD September 2015 and 

January 2016 Intake Deadlines

September 2015 Intake

Round 1

Deadline: September 24, 2014

Interview Decision Notification: October 24, 2014

Final Decision Notification: November 28, 2014

Round 2

Deadline: November 12, 2014

Interview Decision Notification: December 12, 2014

Final Decision Notification: January 23, 2015

Round 3

Deadline: January 14, 2015

Interview Decision Notification: February 13, 2015

Final Decision Notification: March 20, 2015

Round 4

Deadline: March 4, 2015

Interview Decision Notification: April 3, 2015

Final Decision Notification: May 13, 2015

January 2016 Intake

Round 1

Deadline: March 4, 2015

Interview Decision Notification: April 3, 2015

Final Decision Notification: May 13, 2015

Round 2

Deadline: April 22, 2015

Interview Decision Notification: May 29, 2015

Final Decision Notification: July 3, 2015

Round 3

Deadline: June 17, 2015

Interview Decision Notification: July 24, 2015

Final Decision Notification: August 28, 2015

Round 4

Deadline: August 5, 2015

Interview Decision Notification: September 4, 2015

Final Decision Notification: October 9, 2015

Applicants should note that applications must be submitted by 11:59PM Central European Time on the day of the deadline.  

UT Austin / McCombs Deadlines 2014-2015

Round 1

Deadline: October 14, 2014

Notification: December 18, 2014

Round 2

Deadline: January 6, 2015

Notification: March 26, 2015

Round 3

Deadline: March 24, 2015

Notification: May 21, 2015

UCLA / Anderson Deadlines 2014-2015

Round 1

Deadline: October 22, 2014

Notification: January 28, 2015

Round 2

Deadline: January 7, 2015

Notification: April 2, 2015

Round 3

Deadline: April 15, 2015

Notification: June 3, 2015

Completed applications must be received by 11:59 p.m. PST on the day of the deadline to be considered in a particular round. 

NYU / Stern Deadlines 2014-2015

Round 1

Deadline: October 15, 2014

Initial Notification*: December 15, 2014

Round 2

Deadline: November 15, 2014

Initial Notification: February 15, 2015

Round 3

Deadline: January 15, 2015

Initial Notification: April 1, 2015

Round 4

Deadline: March 15, 2015

Initial Notification: June 1, 2015

*Applicants will receive one of three initial notifications: invitation to interview, waitlist offer, or denial of admissions.

All applications are due at 11:59 p.m. EST on the day of the deadline. Any mailed portions of the application must be postmarked by the deadline date.

Yale School of Management Deadlines 2014-2015

Round 1

September 18th, 2014

Round 2

January 8th, 2015

Round 3

April 23rd, 2015

Harvard Business School Deadlines 2014-2015

Round 1

Deadline: September 9, 2014

Notification: December 2014

Round 2

Deadline: January 5, 2015

Notification: March 2015

Round 3

Deadline: April 6, 2015

Notification: May 2015

All applications are due at 12 noon EST on the day of the deadline. If submitted after 12 noon, applications will be considered in the following round.

Berkeley / Haas Deadlines 2014-2015

Round 1

Deadline: October 1, 2014

Notification: January 15, 2015

Round 2

Deadline: January 7, 2015

Notification: March 26, 2015

Round 3

Deadline: March 11, 2015

Notification: May 14, 2015

Dartmouth / Tuck Deadlines 2014-2015

Early Action Round

Deadline: October 8, 2014

Applicant-initiated Interview Complete: October 31, 2014

Notification: December 18, 2014

November Round

Deadline: November 5, 2014

Applicant-initiated Interview Complete: November 14, 2014

Notification: February 13, 2015

January Round

Deadline: January 6, 2015

Applicant-initiated Interview Complete: January 30, 2015

Notification: March 13, 2015

April Round

Deadline: April 1, 2015

Applicant-initiated Interview Complete: April 1, 2015

Notification: May 15, 2015

1st Round Consortium

Deadline: October 15, 2014

Applicant-initiated Interview Complete: October 21, 2014

Notification: December 18, 2014

2nd Round Consortium

Deadline: January 5, 2015

Applicant-initiated Interview Complete: January 30, 2015

Notification: March 13, 2015

Applicants should note that all applications are due at 5:00 p.m. EST on the day of the deadline.

Stanford GSB Deadlines 2014-2015

Round 1

Deadline: October 1, 2014

Notification on: December 10, 2014

Reply and deposit due by: TBD February 2015

Round 2

Deadline: January 7, 2015

Notification on: March 25, 2015

Reply and deposit due by: April 30, 2015

Round 3

Deadline: April 1, 2015

Notification by: May 6, 2015

Reply and deposit due by: May 28, 2015

Applicants should note that all applications are due by 5:00 p.m. PST on the day of the deadline. 

Penn / Wharton Deadlines 2014-2015

Round 1

Deadline: October 1, 2014

Notification: December 16, 2014

Round 2

Deadline: January 5, 2015

Notification: March 24, 2015

Round 3

Deadline: March 26, 2015

Notification: May 5, 2015

Wharton has also announced its 2014-2015 MBA/MA-Lauder deadlines. The two deadlines are below:

Round 1

Deadline: October 1, 2014

Notification: December 16, 2014

Round 2

Deadline: January 5, 2015

Notification: March 24, 2015

All applications are due at 5:00 p.m. EST on the day of the deadline. 

Columbia Business School Deadlines 2014-2015

January 2014 Entry

Deadline: October 8, 2014

 August 2014 Entry

Early Decision Deadline: October 8, 2014

Merit Fellowships Consideration Deadline: January 7, 2015

Regular Decision Deadline: April 15, 2015

Applicants should note that all applications are due at 11:59 p.m. EST on the day of the deadline. 

ISB Deadlines 2014-2015

For Indian Passport Holders:

Cycle 1

Deadline: September 15, 2014

Notification on or before: November 15, 2014

Cycle 2

Deadline: November 30, 2014

Notification on or before: February 15, 2015

 For International Applicants:

International applicants are admitted based on a rolling deadline. The application is open until January 15, 2015. Applicants chosen for an interview will receive an admissions decision within three weeks of the interview date.

MIT / Sloan Deadlines 2014-2015

Deadline: September 23, 2014

Notification: December 17, 2014

Round 2

Deadline: January 8, 2015

Notification: April 6, 2015

All application materials must be received by 3:00 p.m. Eastern Time on the day of the deadline. 

For MBAs, Job Hunting Comes Before Class

Traditional on-campus recruiting is no longer enough. Companies are looking for more pre-screened candidates and students are expressing interest in employers with small HR functions and limited recruiting resources.The MBA job hunt now begins well before students even arrive on campus for orientation.

Dartmouth College’s Tuck School of Business reported a 65% increase in the number of tech firms hiring its MBAs this spring.

This year University of Virginia’s Darden School of Business plans to conduct “career kickoff” meetings—45-60 minute advising sessions covering the job-search process and available resources—with two-thirds of its incoming first-year class by the end of the week. That school’s new-student orientation begins Aug. 18.

The University of Michigan’s Ross School of Business has added four days of career services programming to its orientation, including networking lunches, resume reviews and alumni panels on consulting, corporate finance, marketing and other job functions.

“Students think they have two years to explore what they want to do next,” says Damian Zikakis, director of career services at Ross. “In fact, they have like two days.”

For more information please see the Wall Street Journal story. 

エコノミストLaunches $25,000 MBA Scholarship Contest

The Economist Group August 4 launched its second Brightest Minds MBA. The

first Brightest Minds MBA scholarship ran earlier this year and drew over 4,500 entrants. The winner of the $25,000 MBA scholarship, Rishabh P. from India, is currently applying to several of the business schools that sponsored the first contest and plans to begin his studies in Fall of 2015.

The contest is open to all prospective MBA or EMBA students worldwide. The winner will be the student who scores the highest on The Economist GMAT Tutor simulation test. The simulated GMAT exam utilizes adaptive technology similar to that of the real GMAT, so the difficulty level adjusts according to the test-taker's ability. The winning student will be awarded a $25,000 scholarship towards tuition to one of the business school sponsors:

• Yale School of Management

• Warwick Business School

• UNC Kenan-Flagler Business School

• University of Virginia, Darden School of Business

• University of Florida MBA Programs

• University of Exeter Business School

• University of Edinburgh Business School

• Rotterdam School of Management, Erasmus University

• Pace University

• Jones Graduate School of Business, Rice University

• International University of Monaco

• HEC Paris MBA

• Florida International University College of Business

• Aston Business School

The scholarship competition is open to all prospective MBA and EMBA students. The winner will be the student who scores the highest on the Economist GMAT Tutor simulation test. The winning student will be awarded a $25,000 scholarship to one of our premiere business school sponsors. Five randomly selected runners-up will each receive a free iPad Air.

The simulation test will require the completion of a 75-minute Verbal section and a 75-minute Quant section. Please ensure you have the available time to complete the test all at once. You will not be able to pause once you begin. Good Luck.

The contest officially opens August 4, 2014 and will close at 11:59pm ET on October 31, 2014.  The winner will be announced on November 17th. Five randomly selected runners-up will receive a free iPad mini.

For more information, please see the Brightest Minds page