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：Harvard University Appoints Jodi Goldstein New Managing Director of I-Lab

Harvard Business School (HBS) has appointed Jodi Goldstein, a long-time investor and entrepreneur, will become Harvard i-lab’s new Evans Family Foundation Managing Director this June.

Last year she spearheaded the Launch Lab, a business incubator for Harvard alumni, which is putting Allston, MA—where the i-lab is located—on the map as a solutions-centered hub swirling with interdisciplinary collaboration.

Goldstein has been a high-tech entrepreneur and investor for the past 15 years, with a focus on innovative consumer technologies. With industry expertise in consumer, e-commerce, mobile, social networking and luxury goods, she’s been on the management team of several venture-backed startups including iMarket (sold to D&B), Planetall (sold to Amazon for more than $100M), Send.com, Hoteluxury.com and Mobicious. 

Most recently, she was a co-founder of Drync, a mobile app for wine (a 2011 MassChallenge winner). She’s also an HBS alumna.

For more see the Harvard Innovation Lab press release. 

MBA ニュース：IESE Business School, China Europe International Business School Launch New World Executive MBA

Spain’s IESE Business School has partnered with the China Europe International Business School (CEIBS) to launch the World Executive MBA.

The new program will feature modules on CEIBS and IESE campuses across five continents. Modules are scheduled to take place in Shanghai, Shenzhen, Barcelona, New York, Munich, Silicon Valley, Sao Paulo and in strategic locations in India and Africa. 

To cater to executives from a variety of regions, the program format will be blended. Residential modules at CEIBS and IESE campuses will complement online modules. Both courses taught as part of the residential modules and those taught online will follow the case study method and will be taught by expert faculty from both schools.

IESE and CEIBS have been partners in a range of programs for 20 years, including a Global CEO Program, a Global CEO Program for China and a joint PhD.

For more information, see the World Executive MBA.

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

MBA Round 3/4/5 (Late Round) Deadlines

The following is a list of remaining late MBA Round deadlines:

Feb. 27: LBS R3
Mar. 03: IESE R3
Mar. 04: INSEAD
Mar. 11: Berkeley/Haas R3
Mar. 11: Cornell/Johnson R3
Mar. 13: Emory/Goizueta R4
Mar. 13: Oxford R4
Mar. 13: UNC/Kenan-Flagler R4
Mar. 15: CMU/Tepper R3
Mar. 15: NYU/Stern R4
Mar. 19: Duke/Fuqua R3
Mar. 23: Michigan/Ross R3
Mar. 24: UT McCombs R3
Mar. 26: Wharton R3
Apr. 01: Georgetown/McDonough R3
Apr. 01: Northwestern/Kellogg R3
Apr. 01: Stanford GSB R3
Apr. 01: Dartmouth/Tuck April Round
Apr. 01: UVA/Darden
Apr. 06: Harvard R3
Apr. 15: Columbia Regular Decision
Apr. 15: UCLA Anderson R3
Apr. 15: USC Marshall R3
Apr. 17: LBS R4
Apr. 23: Yale SOM R3
Apr. 24: Oxford R5
May 19: IESE R4
May 29: Oxford R6

While it’s always best to apply as early as possible, the difference between applying in Round 1 and applying in Round 2 is, for most applicants, a marginal one.  

However most of the seats in the incoming class will have been given away by the time Round 2 decisions are released, the acceptance rate in the third round is dramatically lower than that for the first two deadlines of the season.

エコノミスト：Top 10 Business School Alumni Networks

The Economist has listed the world's top-10 alumni networks. Nine of the top 10 strongest alumni networks are affiliated with U.S. schools. 

The best schools also tend to be old and big, this means keeping up to date on an awful lot of people. Harvard Business School, for example, has 44,500 registered MBA alumni.

The Tuck school at Dartmouth comes out top with its famously fierce collegiate spirit. 

For more information, please see the Economist.