MBA 留学 ニュース：スタンフォード大学ビジネススクール2016-17 締め切り

Stanford Graduate School of Business  has announced 2016-17 deadlines and
essay questions
Stanford Deadlines
Round 1: September 22 (nine days earlier than last year than this year)
Decision notification:  December 9.
Round 2: January 12
Decision notification:  March 30th.
Round 3: April 5
Decision notification: May 11

Essay Questions
Unchanged but with an increased word count to 1,150.
What Matters Most: 750 words
Why Stanford:  400 words
The school strongly advises applicants to apply in R1.

For more details see the Stanford GSB Admissions website

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：ハーバード・ビジネス・スクール Introduces Coding

Harvard Business School is planning to offer a computer programming elective within the next few years since students have formed coding clubs, and dozens take the introductory computer science class at Harvard University in Cambridge, Mass.

Coding skills are going to become increasingly important over the next 10-20 years, the school believes.

Elite MBA programs have been slow to adapt, though some schools have started specialized master’s programs in big data and analytics. A pair of springtime reports by the Graduate Management Admission Council revealed a disconnect between the skills MBA programs give students and what employers want. 

U.S. employers said they coveted “technical and quantitative skills” third out of 10 criteria.

Companies need managers who know the basics of code to work with technical staff, who can understand data and be technically conversant.

At New York University’s Stern School of Business, economics professor David Backus plans to start a course that will teach students how to visualize data and use the programming language, Python.

Stanford University’s Graduate School of Business has no coding classes. But students have been able to take computer science courses at the university since fall 2012. Last year, the B-school and the School of Engineering launched a joint degree that confers an MBA and an MS in computer science.

One downside of learning to code at B-school: Coding is hard. HBS students who took the university’s introductory computer science course said that they spent 16.3 hours a week on the course.

See Bloomberg BusinessWeek for more details

スタンフォード大学ビジネススクール Number 1 Business School - 2013 Forbes Rankings

Stanford Graduate School of Business (GSB) reclaimed its number 1 ranking in the Forbes 2013 biennial ranking of MBA programs.

The University of Chicago Booth School of Business took second, bumping Harvard Business School (HBS), which topped the list in 2011, to third place. The University of Pennsylvania’s Wharton School followed up the lead in fourth.

Forbes ranks full-time MBA programs every two years based on return on investment.

Stanford GSB graduates tied for the highest average paycheck entering the MBA program ($80,000, the same as HBS and Wharton), but their median compensation five years out from graduation ($221,000) was the best.

HBS dropped to third place. The five-year gain for HBS graduates this year was $79,600, down from $118,000 in 2011.

At the top 25 schools in the rankings, average five-year gains are only $68,000 this year, down from $118,000, on average, a decade ago.

The average five-year out salary this year ($159,000) represents an annual gain of only 1.8 percent since 2003, which is lower than the rate of inflation.

Duke University’s Fuqua School of Business saw the most movement in the Forbes ranking this year, gaining four spots to come in at No. 8. 

Fuqua grads from the Class of 2008 came into their program earning an average salary of $63,000 and reported an average salary of $152,000 five years later.

The University of Virginia’s Darden School of Business went the other way, falling from ninth in the rankings in 2011 to No. 15 this year. At Darden, five-year out salaries dropped 11 percent, to $158,000, but ROI took an even greater hit due to a 15 percent increase in tuition and reduced financial aid.

For more information, please visit the Forbes 2013 MBA Rankings