MBA ニュース：スタンフォード大学ビジネススクール No.1 in U.S. News & World Report rankings

Stanford’s Graduate School of Business edged out Harvard Business School (HBS) to second and the University of Pennsylvania’s Wharton School to third in U.S. News & World Report rankings of the nation’s best MBA programs. Last year, the three schools tied for first place.

U.S. News focuses on quality assessments by deans and MBA directors at peer schools and corporate recruiter survey scores. Wharton’s scores slipped in both these regards, as well as in average pay for its MBA graduates.

Stanford's average GMAT/GRE scores stood at 732, the average undergraduate GPA was 3.75 and had an acceptance rate of just 7.1 percent, it was by far the most selective school of all those ranked, with HBS accepting 11 percent and Wharton, 20.7 percent.

Average salary and bonus, another core metric employed by U.S. News, varied very little among the top 10 schools. In terms of salary the ranking was

1. HBS: $144,750

2. MIT: $142,936

3. Stanford: $142,834. 

4. Wharton, at $142,574

5. Dartmouth College’s Tuck: $142,489 (and #9 overall)

The top 10 MBA programs as ranked by U.S. News & World Report for 2016 are as follows:

1. Stanford Graduate School of Business

2. Harvard Business School

3. University of Pennsylvania Wharton School

4. University of Chicago Booth School of Business

5. MIT Sloan School of Management

6. Northwestern University’s Kellogg School of Management

7. UC Berkeley’s Haas School of Business

8. Columbia Business School

9. Dartmouth College’s Tuck School of Business

10. University of Virginia’s Darden School of Business

Please see the full 2016 U.S. News & World Report MBA Rankings for more information. 

MBA ニュース：ウォートン Names Frank DeVecchis as Director of Admissions

Frank DeVecchis will become the University of Pennsylvania’s Wharton School has named a new director of admissions, working closely with existing Deputy Vice Dean of Wharton MBA Admissions, Financial Aid and Career Services Maryellen Reilly Lamb to oversee the entire application process, from recruitment through matriculation.

DeVecchis recently served most recently as director of MBA Academic Operations and successfully implemented Wharton’s new Course Match course registration program. He also advised more than 800 students during his tenure as the senior member of the MBA academic advising team and helped plan and implement Wharton’s three-week orientation for incoming students.

DeVecchis will help develop strategic recruiting plans for Wharton’s global applicant pool, manage the MBA Admissions team and play an active role in evaluating applications and selecting candidates for admissions.

Lamb has guided the MBA Admissions team since former admissions director Ankur Kumar stepped down in October 2013.

For more information, please see Wharton's MBA Program Office 

MBA ニュース： ウォートン・スクール Expands its Online MBA

Wharton School has expanded its online foundational MBA courses to now include a Business Foundations Specialization series that adds a capstone project in which participants can apply what they learn to help solve real-world business issues, the school announced last week. 

Wharton will invite top performers in the online series to apply to one of the school’s graduate programs, waiving the application fee, and will award up to five $20,000 scholarships to applicants who are admitted.

As with the initial four courses in Wharton’s Foundation Series – Accounting, Finance, Marketing and Operations Management – the new Capstone Project component is available through online education platform Coursera. Wharton was one of the first leading business schools to present the building blocks of its MBA curriculum in online form to a world audience.

The  Business Foundations Specialization series combines all four foundation courses, taught by Wharton faculty, with the newly added project component and confers a Coursera Verified Certificate for participants who complete the entire series. 

As part of the Capstone Project, participants work with industry partners to help solve a specific real-world problem. Snapdeal and Shazam have entered into initial partnerships with Wharton to provide Capstone project topics.

The cost of the entire series with a Verified Certificate is $595.

The top 50 performers each year in the Business Foundations Specialization series will be eligible to apply to one of Wharton’s graduate business programs without paying an application fee. Wharton will also award $20,000 scholarships to up to five students admitted to the MBA program who have excelled in the Specialization series in the previous 12 months.

For more information see Wharton Online

BusinessWeek Reports Widening Gender MBA Wage Gap

Female graduates from top MBA programs average 93% of their male classmates down from 98% cents in 2002 according to BusinessWeek’s latest biennial survey of MBA graduates. 

Female graduates from the class of 2012 at the Wharton School of the University of Pennsylvania, for example, earned 86% of male wages, and those at Stanford Graduate School of Business earned 79% percent, Bloomberg BW reported.

2010 census data showed the largest gender pay gaps to be among insurance agents, personal advisors and securities sales agents. Female MBAs were paid, on average, $4,600 less in their first jobs than men, and that the gap widens to $30,000 by mid-career.

Source: BusinessWeek