Top 10 B School

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The top 10 MBA programs according to US News are:

1) Chicago-Booth
2) Northwestern-Kellogg
3) Penn-Wharton
4) MIT-Sloan
5) Harvard Business School
6) Dartmouth-Tuck
6) Stanford GSB
8) Michigan-Ross
9) Yale-SOm
10) NYU-Stern

Immediately beyond the current top 10:

11) Columbia Business School
11) Duke-Fuqua
11) UCAl-Berkeley
14) Virginia-Darden
15) Cornell

OP: You need to refine your question & consider sharing more information as to why your son/daughter wants to attend an MBA program without any full-time post undergraduate work experience.

Is he/she open to alternatives such as a current offer of admission conditioned upon completion of at least one to two years of full-time post undergraduate work experience ?

Is she/she open to attending a on year masters specialty or generalized business program ?

Which programs would your student most like to attend and why ?

Thank you - this is very helpful. He has an offer to continue working for the consulting firm where he interned but hoped to continue on with his studies and knock out business school. We are encouraging him to work for a couple of years as DH and I did that before law school and it helped us find niche areas of practice. He is interested in a generalized program and would be open to a current offer conditioned on completion of X years of work experience - is that a common type of offer? His background is in a STEM field and would like to attend Sloan but, hoping to live in Boston, he would also apply to Harvard as well as other programs that have higher acceptance rates.

No this is not how it works. You don't "knock out" business school. It's not like law school. You don't need it in many fields. He should take the consulting job. If they like him, they may sponsor it for him.

+1. Imagine you are on a swing and someone gives it a slight push that translates into a huge momentum.. That's what an MBA does if done at the right time and in the right direction. "Knocking it out" like an item on the punchlist will have far limited impact compared to doing it after a couple of years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The top 10 MBA programs according to US News are:

1) Chicago-Booth
2) Northwestern-Kellogg
3) Penn-Wharton
4) MIT-Sloan
5) Harvard Business School
6) Dartmouth-Tuck
6) Stanford GSB
8) Michigan-Ross
9) Yale-SOm
10) NYU-Stern

Immediately beyond the current top 10:

11) Columbia Business School
11) Duke-Fuqua
11) UCAl-Berkeley
14) Virginia-Darden
15) Cornell

OP: You need to refine your question & consider sharing more information as to why your son/daughter wants to attend an MBA program without any full-time post undergraduate work experience.

Is he/she open to alternatives such as a current offer of admission conditioned upon completion of at least one to two years of full-time post undergraduate work experience ?

Is she/she open to attending a on year masters specialty or generalized business program ?

Which programs would your student most like to attend and why ?

Thank you - this is very helpful. He has an offer to continue working for the consulting firm where he interned but hoped to continue on with his studies and knock out business school. We are encouraging him to work for a couple of years as DH and I did that before law school and it helped us find niche areas of practice. He is interested in a generalized program and would be open to a current offer conditioned on completion of X years of work experience - is that a common type of offer? His background is in a STEM field and would like to attend Sloan but, hoping to live in Boston, he would also apply to Harvard as well as other programs that have higher acceptance rates.

No this is not how it works. You don't "knock out" business school. It's not like law school. You don't need it in many fields. He should take the consulting job. If they like him, they may sponsor it for him.

Do employer sponsored programs allow the employee/MBA graduate to buy out their contract if they want to switch jobs?

[Anonymous]

Anonymous wrote:How important is it to have work experience in order to get into a top 10 business school? Son is in top 10% of class at an Ivy, has 760 GMAT, involved in student government plus completed a consulting internship. I see average work experience is around 4+ years at some of the top schools but I'm guessing there's a wide range of experience levels.[/quote

Frankly, you kid will have a better understanding on how important it is if he reaches out to some seniors from his ivy. In general, 4 years is useful work experience because then a lot of the coursework makes sense. He can understand the practical aspect of coursework better and participate during case study discussions. It's better to go to Bschool knowing what you want out of it so it is worth the time and money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The top 10 MBA programs according to US News are:

1) Chicago-Booth
2) Northwestern-Kellogg
3) Penn-Wharton
4) MIT-Sloan
5) Harvard Business School
6) Dartmouth-Tuck
6) Stanford GSB
8) Michigan-Ross
9) Yale-SOm
10) NYU-Stern

Immediately beyond the current top 10:

11) Columbia Business School
11) Duke-Fuqua
11) UCAl-Berkeley
14) Virginia-Darden
15) Cornell

OP: You need to refine your question & consider sharing more information as to why your son/daughter wants to attend an MBA program without any full-time post undergraduate work experience.

Is he/she open to alternatives such as a current offer of admission conditioned upon completion of at least one to two years of full-time post undergraduate work experience ?

Is she/she open to attending a on year masters specialty or generalized business program ?

Which programs would your student most like to attend and why ?

Thank you - this is very helpful. He has an offer to continue working for the consulting firm where he interned but hoped to continue on with his studies and knock out business school. We are encouraging him to work for a couple of years as DH and I did that before law school and it helped us find niche areas of practice. He is interested in a generalized program and would be open to a current offer conditioned on completion of X years of work experience - is that a common type of offer? His background is in a STEM field and would like to attend Sloan but, hoping to live in Boston, he would also apply to Harvard as well as other programs that have higher acceptance rates.

No this is not how it works. You don't "knock out" business school. It's not like law school. You don't need it in many fields. He should take the consulting job. If they like him, they may sponsor it for him.

Do employer sponsored programs allow the employee/MBA graduate to buy out their contract if they want to switch jobs?

Will have to repay the firm which funded his MBA program.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The top 10 MBA programs according to US News are:

1) Chicago-Booth
2) Northwestern-Kellogg
3) Penn-Wharton
4) MIT-Sloan
5) Harvard Business School
6) Dartmouth-Tuck
6) Stanford GSB
8) Michigan-Ross
9) Yale-SOm
10) NYU-Stern

Immediately beyond the current top 10:

11) Columbia Business School
11) Duke-Fuqua
11) UCAl-Berkeley
14) Virginia-Darden
15) Cornell

OP: You need to refine your question & consider sharing more information as to why your son/daughter wants to attend an MBA program without any full-time post undergraduate work experience.

Is he/she open to alternatives such as a current offer of admission conditioned upon completion of at least one to two years of full-time post undergraduate work experience ?

Is she/she open to attending a on year masters specialty or generalized business program ?

Which programs would your student most like to attend and why ?

Thank you - this is very helpful. He has an offer to continue working for the consulting firm where he interned but hoped to continue on with his studies and knock out business school. We are encouraging him to work for a couple of years as DH and I did that before law school and it helped us find niche areas of practice. He is interested in a generalized program and would be open to a current offer conditioned on completion of X years of work experience - is that a common type of offer? His background is in a STEM field and would like to attend Sloan but, hoping to live in Boston, he would also apply to Harvard as well as other programs that have higher acceptance rates.

He should continue to work for at least 2 years prior to attending an elite MBA program; this will enable him to derive more from the program as well as to have more to contribute to classroom discussions and to group projects.

He can apply now for early acceptance to elite programs (students do this during their senior year of college).

[Anonymous]

Continuing: No, it is not a common type of offer, it is the only type of offer if applying through the early admissions process; he can still apply through the standard, or regular, process which should result in an offer of admission for the upcoming school year, a denial, or a waitlist/deferred response.

Different admissions application for early admission. (Early admission places more emphasis on brains & intellect based on GPA & GRE/GMAT scores than on reason for wanting to earn an MBA. Therefore, it is to your son's advantage to apply for early entry/delayed entry as his strengths are his grades, scores, and class rank.)

The Yale Silver Scholars Program is different in that the student attends Yale's MBA program for one year immediately after graduation from undergrad school, then works for a couple of years, then returns to Yale's MBA program for the final year.

Harvard 2+2

Stanford Deferred Enrollment

Chicago-Booth Scholars Program

Northwestern-Kellogg Future Leaders

Columbia Deferred Enrollmnt

UCAl-Berkeley Accelerated Access

MIT-Sloan Early Access

(Not sure, but Penn-Wharton early program may only be open to Penn undergrads)

Typically, early admission programs allow flexibility as the student determines when to start the MBA program after a working a minimum of 2 years or max of 5 years--but check each early admissions/deferred admissions program for that programs requirements and allowances as they do vary school to school.

[Anonymous]

Since you mentioned an interest in a general MBA program--I assume that you mean Management as opposed to a more specific discipline like Supply Chain, Finance, MIS, Marketing, etc.--then you should consider Harvard, Stanford GSB, & Northwestern-Kellogg for early entry deferred admissions programs. (MIT is best at MIS, Supply Chain, and Production/Operations.)

An important issue is whether or not one can accept an acceptance to more than one early entry deferred admission MBA program.

[Anonymous]

You're welcome.

[Anonymous]

My employer CEO graduated with an MBA from U. of Chicago Booth school. The organization is a nonprofit and his salary is 4M/year. There was a young gun who joined the company two years ago from San Diego State University at the junior level. He graduated with a 3.4 GPA and scored a 620 on the GMAT. He was an athlete at SDSU so he hung out with the management team, and became close with the CEO. The CEO contacted Booth school on his behalf and he got accepted into Booth. He would not have been accepted into Booth had the CEO didn't reach out to the school. It is also about who you know as well.