Archive for September, 2011

The Evolving Role of the Business School Dean

Friday, September 30th, 2011

Over the past few years, business school deans have come under the scrutinizing eye of the media, as some schools have been actively recruiting new deans while getting rid of old ones. How important are deans to their schools? Can a good dean champion an MBA program to success? Let’s have a look at what deans actually do.

One of the main functions of a dean is to provide guidance, steering their school in specific academic and philosophical directions. A dean’s direction should ultimately provide a mission – and he or she should implement programs to meet goals. Last year, the business school world watched a shift in philosophy at Harvard when its business school named Nitin Nohria as its new dean. Nohria, who has long-developed interests in both business conduct and corporate transformation (he authored a great, forward-thinking book called Changing Fortunes: Remaking the Industrial Corporation,) quickly moved to integrate business ethics and a focus on teamwork into the school’s revamped curriculum. Although this shift can be seen as reactionary – many critics of HBS are quick to point out that some of their MBAs like Enron’s Jeffrey Skilling acted rather unethically in their business dealings – it also represents a legitimate commitment to curtail these moral lapses. At the very least, Nohria’s appointment demonstrates a continued transition away from an era of American exceptionalism: Jay Light, Harvard’s previous dean, had made strides to re-brand Harvard as a global school, strides that Nohria will undoubtedly lengthen with his international focus.

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MBA Student Blogs Roundup: Beginning of the School Year Edition

Monday, September 26th, 2011

If you’re thinking about doing your MBA, you might be curious about what MBA life is actually like. Often, descriptions on schools’ websites and other promotional material give great overviews of the programs themselves and other concrete facts, but lack insight into what daily student life is actually like.

But if you do want to hear about student life, you’re in luck. There are a wide range of blogs available to look at, where current students regularly share their b-school experiences. And since, for many of the student bloggers, the school year has just started, you can start tracking them now to follow them through their ups and downs as they progress through b-school. By reading student blogs, you can get get a peek into what life is actually like, both in and out of class, and figure out which schools best suit your pace and style.

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MBA Class Size: Big or Small?

Wednesday, September 21st, 2011

Is bigger necessarily better? BusinessWeek asked Doug Guthrie, the dean of George Washington University’s School of Business, if the size of a school’s program mattered. He responded by saying that it generally depends, and that larger programs can spread their  message more effectively – but that in the end, a smaller class size is ultimately better because faculty can have closer and more intimate interaction with students.

Intuitively, this makes sense. A small number of people means more direct interaction, and more cohesion. But does a smaller class size make a difference in the long run – and is this effect quantifiable?

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Can Your Facebook Profile Sabotage Your MBA Application?

Thursday, September 15th, 2011

A recent Kaplan Test Survey had some informative facts about how b-school admissions officers research candidates’ online personas during the MBA application process. Particularly, the report said that 27% of admissions officers surveyed said that they searched the internet for applicants to learn more about them – and 22% admitted that they have researched candidates’ social networking presences, including visiting their Facebook profiles.

Furthermore, of the admissions officers who did snoop at social media profiles, 14% said that they found something that negatively impacted a candidate’s application. That candid photo snapped of you in an unbecoming pose after a late-night bender? That might look bad.

Social media has quickly become part of our daily lives, and can present problems if it blindly merges uninhibited social lives with our more structured business personas. Fortunately for MBA applicants, the large social media websites have noticed that people lead nuanced online lives, and have adjusted privacy settings accordingly. But still, there are some steps you can take to insure that admissions officers don’t find those incriminating photos.

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Apples to Oranges? Comparing Master in Management Degrees with MBAs

Thursday, September 8th, 2011

Last year, the Find MBA Blog interviewed Thomas Graf, the director of the website Master in Management Compass, about the differences between Master in Management (MiM) programs and traditional MBAs.

Graf noted that MiM programs tend to draw younger candidates with less work experience. They’re also generally cheaper, and carry less reputation than their better known MBA counterparts. Interestingly, Graf noted that there is not much difference in the range of their respective curriculums:

Some students I talk to think there are no differences at all. I think this is probably too strong to say, but overall the differences in terms of content are not that big. Both offer general management courses, integrated team work, case studies, and a practical-oriented approach.

So, if the curriculum is about the same – how do the differences play out in the real, post-graduation world?

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Interview: Lee Milligan from Copenhagen Business School

Monday, September 5th, 2011

Lee Milligan

Lee Milligan

As admissions season gears up for 2012, we get back to our ongoing series of interviews with MBA admissions directors. This time, we speak to Lee Milligan, admissions director of the full-time MBA program at Copenhagen Business School.

Copenhagen Business School has 48 full-time MBA students from 24 different countries. How does maintaining this diversity affect MBA admissions decisions? Do you cap admissions from certain countries?

We don’t have any specific caps, but we try to make the program as international as possible, while also trying to maintain the quality of the students. I guess it is a bit of a balancing act. There’s no specific group to whom we would say there’s only a specific number of students.

Do you ever see major spikes in terms of the number of applicants from specific countries?

It really varies from year to year. The more I’m in this job, the more I think it has a great deal to do with economic conditions in the world.

If you look at Germany, for example, two years ago, when the economy was going down, if you went to an MBA fair, for example in Frankfurt, it was absolutely packed. Last year, when suddenly jobs were more readily available, the fairs were extremely quiet. I think it has to do with economic conditions in specific parts of the world and that there is a link with the number of applications from specific regions.

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Are Online MBA Programs Worth the Investment?

Sunday, September 4th, 2011

There’s a recent story in Bloomberg BusinessWeek, titled “The Online MBA Salary Blues,” which discusses the idea that graduates of distance learning MBA programs may not see as much of a salary increase as those who finish traditional, class-based programs.

The story is mainly based on the entrance salary data for the inaugural cohort at University of North Carolina Kenan-Flagler Business School’s new online program, MBA@UNC. BusinessWeek essentially posits that since incoming students already make substantially more than the class-based students ($128,500 vs. $55,000 per year,) it will be very hard for the online grads to see the same increase that the traditional students see. Although this hypothesis is mostly speculative and ostensibly limited (after all, the online program at UNC has just begun, and there are only 19 students in the inaugural class) it will be a fascinating case study for distance learning programs generally, seeing as how UNC’s online program offers the exact same curriculum as its class-based program, for the same price.

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