December 18, 2008

Chicago Booth School of Business offers More full tuition scholarships

University of Chicago Booth School of Business recently announced creation of the Barclays Global Retail and Commercial Bank Fellowship Program. This program will provide full-tuition scholarships each year to four incoming MBA students from Africa, South Asia and countries with emerging economies.

According to the school: Preference for the merit-based, two-year scholarships will be given to students who intend to pursue careers in the financial services sector and demonstrate a commitment to the development of emerging markets

Rosemaria Martinelli, associate dean of student recruitment and admissions at Chicago Booth said,"While the Barclays Fellowships will be awarded based on merit, it should be noted that, in general, MBA candidates coming from regions of the world such as Africa are in great need of financial assistance. Often these candidates earn low annual salaries in their countries by U.S. standards, and scholarships drive the choice of schools for these students".

Stacey Kole, deputy dean for the full-time MBA program said," The introduction of a fellowship program for these students as opposed to a scholarship program is significant, because it presents the opportunity for mentoring and enhanced professional development"

"Mentors provide students with added insights about career opportunities in the banking industry and also provide fellows with advisors whom they can tap in parallel to the MBA experience", said Kole, who also is a clinical professor of economics. She further added,"Mentors will be assigned by Barclays. In addition to mentoring, summer internships will also be available".

“Investing in an individual’s education is not just about donating money,” said Frits Seegers, chief executive of Barclays Global Retail and Commercial Bank and a 1989 MBA graduate of Chicago Booth. “It’s also about investing the time of our staff and passing on our experience and skills to help others. At the same time, Barclays gets the benefit of talented people with superior education to increase our global footprint and capabilities.”

Details: http://www.chicagogsb.edu/newsmedia/releases/2008-12-02_barclays.aspx

Penn Grad to Offer Dual Degree

The University of Pennsylvania’s Wharton School and School of Arts and Sciences have launched a joint MBA/master of environmental studies (MES) degree

Details: http://www.upenn.edu/pennnews/article.php?id=1493

December 16, 2008

B-Schools address common Application concerns in their blogs!

Avoiding 10 common mistakes on your application: Stanford MBA Admission Blog
http://www.stanford.edu/group/mba/blog/2008/12/avoiding_10_common_mistakes_on.html

Reading Applications: Tuck School of Business Blog
http://tuckschool.blogspot.com/2008/11/reading-applications-part-1.html

The GMAT - Myths and Reality: Tuck School of Business Blog
http://tuckschool.blogspot.com/2008/12/gmat-myths-and-reality.html

November 18, 2008

Stanford's take on the relation between the interview invitation and the chance of admission

In his post on Stanford Admissions Blog, Director of Admissions Derrick Bolton answers the question that has been bothering many aspirants - whether there is a relationship between the timing of your interview invitation and your chance of admission?
He states, " Please be assured that your likelihood of admission bears no relationship to when you receive your interview invitation; the timing of your invitation simply depends on when we review your file--and there is no pattern to application review."
He further says, "No matter when you receive your invitation to interview, you have the same chance of admission as any other candidate"

Regarding the interview invites for Round 1 the Director wrote, " Interviews for Round 1 applicants start as soon as possible after the application deadline-- typically early November--and last through mid January. We expect to send Round 1 interview invitations pretty regularly, every business day or so, through mid December. Even during Stanford's winter shutdown (22 December 2008 through 5 January 2009) we continue to read feverishly but tend to bundle invitations and send them every few days. (One reason for the bundling is that our building is unheated for the entire shutdown and we are thin-blooded Californians!)

We hope to send almost all Round 1 interview invitations by mid-January 2009, though some will go out later. We also may ask some of you to join the waitlist without an interview"

Links:

Does an early interview invitation translate into a higher chance of admission?

Interviews

November 17, 2008

New ISB Campus to come up at Knowledge City, Mohali

The Government of Punjab together with Indian School of Business (ISB) and four Indian Business Leaders will set up a second ISB campus at Knowledge City, Mohali

Analjit Singh Chairman & Managing Director of Max India Limited, Rakesh Bharti Mittal Vice-Chairman & Managing Director of Bharti Enterprises Limited, Sunil Kant Munjal Managing Director & Chief Executive Officer of Hero Corporate Service Limited & Atul Punj Chairman, Punj Lloyd Group, jointly commit funding of Rs. 200 crores, with individual contribution of a sum of Rs. 50 crores each.

The ISB, with the support of existing associate schools, Wharton School and Kellogg School of Management, will set-up and run the Mohali campus, just like its Hyderabad campus. The Mohali campus will have the following four specialist Institutes, termed as Centres of Excellence, for promoting research and offering additional specialisations in the Post Graduate Programme:

-- Max India Institute of Healthcare Management
-- Bharti Institute of Public Policy
-- BML Munjal Institute of Manufacturing and Operation Excellence
-- Punj Lloyd Institute of Physical Infrastructure Management

The ISB campus at Mohali proposes to have 280 seats in its Post Graduate Programme. It will also have several short duration Executive Education Programmes where approximately 750 professionals will be able to participate.

For more read here: Press Release