In his post on Stanford Admissions Blog, Director of Admissions Derrick Bolton informed, "As of this morning, we have invited 275 second-round candidates to interview. We will extend an additional 100-125 interview invitations to second-round candidates in the next couple of weeks."
He further informed that during that same period, the school plans to interview some of the first-round candidates who accepted spots on the waitlist without having interviewed.
Link: Round 2 Interview Statistics
February 25, 2009
February 24, 2009
Wharton: Admissions Presentation in Dubai
According to a post on Wharton's MBA Blog, "MBA Admissions will be hosting a special admissions reception during the Global Alumni Forum in Dubai on 11 March 2009".
The blog further advises aspirants that this would be a wonderful opportunity to meet Wharton's new Director of MBA Admissions & Financial Aid, J.J. Cutler.
For more information and to register, visit:
http://register.applyyourself.com/?id=upenn-gsb&pid=1584&eID=21658&rid=1.
The blog further advises aspirants that this would be a wonderful opportunity to meet Wharton's new Director of MBA Admissions & Financial Aid, J.J. Cutler.
For more information and to register, visit:
http://register.applyyourself.com/?id=upenn-gsb&pid=1584&eID=21658&rid=1.
February 19, 2009
Wharton: Round 2 Mid-Release Decisions Posted
Wharton's MBA Admissions & Financial Aid Team informed on Wharton Admissions Blog that All Round 2 mid-release decisions have now been posted that is the applicants for Round 2 should have either received an invitation to interview or a deny without interview decision. All round 2 applicants may check their online account using the logon and password they used to create their application.
They further informed that for all those who are invited to interview, the last day to complete an interview is Thursday, 12 March, 2009.
MBA Admissions & Financial Aid Team reported in its blog post,"Interviews will be available on campus with second-year Wharton MBA Students who are full members of the Admissions Committee, off campus with alumni, and off campus in various “Hubs” around the world by Admissions staff members. All interview options have equal weight within the admissions process"
They further informed that Candidates who are offered an interview will receive their final admissions decision by 5:00 p.m. Eastern Standard Time on Thursday, 26 March 2009.
They further informed that for all those who are invited to interview, the last day to complete an interview is Thursday, 12 March, 2009.
MBA Admissions & Financial Aid Team reported in its blog post,"Interviews will be available on campus with second-year Wharton MBA Students who are full members of the Admissions Committee, off campus with alumni, and off campus in various “Hubs” around the world by Admissions staff members. All interview options have equal weight within the admissions process"
They further informed that Candidates who are offered an interview will receive their final admissions decision by 5:00 p.m. Eastern Standard Time on Thursday, 26 March 2009.
February 17, 2009
Wharton: Round 2 Interview Invitations
The Wharton MBA Program is in its final days of releasing Round 2 interview invitations.
According to a post on Wharton’s MBA Blog, “The Admissions Committee has already begun releasing interview invitations and will continue to do so daily until 5:00pm EST on Thursday, 19 February 09. Due to the nature and complexity of the admissions process, there is no particular order in which invitations are released. Complete details on how, when, and where to schedule an interview will be provided at the time of invitation. Candidates who are not invited to interview and are no longer being considered for admission will receive a “Deny” decision on 19 February 09."
The blog also informs about the added new HUB Interview Locations. It states,"The AdCom has added HUB Interview dates in two new locations: Dubai and San Francisco. Members of the AdCom will also be traveling to Paris, London, Mumbai, New Delhi, Beijing, Shanghai, Hong Kong, Seoul and Tokyo to interview perspective candidates”.
All the best to all the B-School Aspirants out there.
According to a post on Wharton’s MBA Blog, “The Admissions Committee has already begun releasing interview invitations and will continue to do so daily until 5:00pm EST on Thursday, 19 February 09. Due to the nature and complexity of the admissions process, there is no particular order in which invitations are released. Complete details on how, when, and where to schedule an interview will be provided at the time of invitation. Candidates who are not invited to interview and are no longer being considered for admission will receive a “Deny” decision on 19 February 09."
The blog also informs about the added new HUB Interview Locations. It states,"The AdCom has added HUB Interview dates in two new locations: Dubai and San Francisco. Members of the AdCom will also be traveling to Paris, London, Mumbai, New Delhi, Beijing, Shanghai, Hong Kong, Seoul and Tokyo to interview perspective candidates”.
All the best to all the B-School Aspirants out there.
February 16, 2009
Jobs on the way: Darden School of Business
"Jobs on the way," said Robert Bruner, Dean, Darden School of Business in his blog post dated 02/09/2009. As the Business schools anticipate a reduction in recruitment this coming placement season Robert Burner tried to reassure his students that he is doing everything possible he can do to gather and devise job opportunities for graduates.
He said, "Last week, I wrote to all of our 9,000 alumni asking for their assistance in finding positions for our MBA students. Within an hour we had eight replies; within a day we had 15 new job postings. More are coming in each day. Inside Darden, we have initiated a new program, “Generating Offers and Leads” (GOAL) sessions with students, faculty, and administration so that those students seeking opportunities could learn about ideas and leads from those with job offers as well as those with contacts in different industries and functions. The sharing, and requesting, of leads has been made available to all members of the Darden community via a lead-sharing website on the Darden portal; initially populated with over 100 CDC-generated leads, the site will become a source of ideas from students, faculty, and members of Darden’s administration".
He further told, "In my travels to every major city, I call on companies who have not recruited at Darden recently, or ever. So far this academic year, I have visited 38 prospects. I give each company a pitch on the quality of our program and our students. Then I invite them to consider our students for employment. Not one company has turned me down. Generally, we have increased outreach to companies significantly over the past year, especially to several “recession-resistant” companies and global companies across different industries. Darden is building a healthy franchise among these firms."
Burner said that this year, Financial Times and Business Week have ranked Darden’s Career Development Center among the very best., which reflect the judgments of corporate recruiters and alumni. He said that this reflects the quality of Darden's students and the “high touch” engagement with CDC. Finally he reported that CDC will host a Darden Career Fair near Dulles airport in mid-April and will also participate in the Southeastern MBA Interview Forum in late March with four other regional MBA programs.
To read more click here: Jobs on the way
During the current tough time of economic crisis, Burner also boosted the confidence, encouraged and advised the graduates in his another blog post. He said," Instead of quitting the MBA Program, I think the student should take four points of advice:
He said, "Last week, I wrote to all of our 9,000 alumni asking for their assistance in finding positions for our MBA students. Within an hour we had eight replies; within a day we had 15 new job postings. More are coming in each day. Inside Darden, we have initiated a new program, “Generating Offers and Leads” (GOAL) sessions with students, faculty, and administration so that those students seeking opportunities could learn about ideas and leads from those with job offers as well as those with contacts in different industries and functions. The sharing, and requesting, of leads has been made available to all members of the Darden community via a lead-sharing website on the Darden portal; initially populated with over 100 CDC-generated leads, the site will become a source of ideas from students, faculty, and members of Darden’s administration".
He further told, "In my travels to every major city, I call on companies who have not recruited at Darden recently, or ever. So far this academic year, I have visited 38 prospects. I give each company a pitch on the quality of our program and our students. Then I invite them to consider our students for employment. Not one company has turned me down. Generally, we have increased outreach to companies significantly over the past year, especially to several “recession-resistant” companies and global companies across different industries. Darden is building a healthy franchise among these firms."
Burner said that this year, Financial Times and Business Week have ranked Darden’s Career Development Center among the very best., which reflect the judgments of corporate recruiters and alumni. He said that this reflects the quality of Darden's students and the “high touch” engagement with CDC. Finally he reported that CDC will host a Darden Career Fair near Dulles airport in mid-April and will also participate in the Southeastern MBA Interview Forum in late March with four other regional MBA programs.
To read more click here: Jobs on the way
During the current tough time of economic crisis, Burner also boosted the confidence, encouraged and advised the graduates in his another blog post. He said," Instead of quitting the MBA Program, I think the student should take four points of advice:
- Finish the program; get the degree.
- Focus your job search on what you offer that is valuable to employers. Think like your target customer. Be adaptable to the needs of companies. It is always good to have aspirations and career vision. But the reality of this job market is that new MBAs should be open to new, unexpected, and indirect ways of filling one’s vision.
- Work the extended network—on grounds and off. Today, more than ever, success in searching for a job comes from a good discovery process. Research reaffirms the value of weak links: people who you don’t know well are most likely to see job opportunities of which you have not heard.
- Integrity. Don’t be tempted into behavior inconsistent with the best values. Anxiety can take you down paths you will regret. Treat everyone fairly. Represent yourself honestly. Help others."
February 12, 2009
HBS: About Round 2
Harvard Business School (HBS) Director of Admissions and Financial Aid Dee Leopold, in her blog post answered the frequently asked question that Why doesn't HBS send out denials at the same time when it issues interview invitations?
Answering the above question, Dee said, "We don't send out final decisions until the notification date because we need to see the results of the interview process before we extend offers to join the waitlist. After we've finished interviewing, we want to make sure we are still considering enough candidates from certain profiles - which include nationality, gender, industry background, leadership styles...and other dimensions - to compose the overall portfolio of next year's class. This is why it is important for us to keep EVERY round 2 applicant under consideration until notification day. I know this process isn't perfect, but I am absolutely certain that it's thoughtful and thorough"
Read here: http://www.hbs.edu/mba/admissions/blog.html
Answering the above question, Dee said, "We don't send out final decisions until the notification date because we need to see the results of the interview process before we extend offers to join the waitlist. After we've finished interviewing, we want to make sure we are still considering enough candidates from certain profiles - which include nationality, gender, industry background, leadership styles...and other dimensions - to compose the overall portfolio of next year's class. This is why it is important for us to keep EVERY round 2 applicant under consideration until notification day. I know this process isn't perfect, but I am absolutely certain that it's thoughtful and thorough"
Read here: http://www.hbs.edu/mba/admissions/blog.html
February 11, 2009
Stanford Graduate School of Business: Employment Report for the MBA Class of 2008
Stanford shared their 2008 Employment Report statistics which highlight the successes of Stanford MBA.
Stanford GSB's 2008 Employment Report conforms to the MBA Career Services Council Standards for Reporting MBA Employment Statistics.
Stanford mentions on its website: To assist in comparing these statistics with non-CSC compliant MBA Employment Reports, please note that the Stanford GSB has not included relocation expense reimbursement, tuition reimbursement, and loan forgiveness in any of its past Employment Reports. In 2008, inclusion of these items would have increased Stanford GSB median compensation by $7,000.
http://www.stanford.edu/group/mba/blog/
http://www.gsb.stanford.edu/cmc/reports/index.html
http://www.gsb.stanford.edu/cmc/reports/documents/report08.pdf
http://www.gsb.stanford.edu/cmc/reports/documents/EmploymentReport_07_08l.pdf
http://www.gsb.stanford.edu/cmc/reports/documents/Recruiting_Orgs.pdf
Stanford GSB's 2008 Employment Report conforms to the MBA Career Services Council Standards for Reporting MBA Employment Statistics.
Stanford mentions on its website: To assist in comparing these statistics with non-CSC compliant MBA Employment Reports, please note that the Stanford GSB has not included relocation expense reimbursement, tuition reimbursement, and loan forgiveness in any of its past Employment Reports. In 2008, inclusion of these items would have increased Stanford GSB median compensation by $7,000.
| Industry | Percentage of Class | Median Base Salary | Median Signing Bonus |
| Consulting | 24 | $125,000 | $20,000 |
| Private Equity/LBO | 18 | $150,000 | $32,500 |
| Hedge Funds | 8 | $150,000 | $25,000 |
| Internet Services/ E-Commerce | 6 | $115,000 | $22,500 |
| Investment Banking/ Brokerage | 5 | $95,500 | $40,000 |
| Nonprofit | 5 | $80,000 | n/a |
| Venture Capital | 5 | $155,000 | n/a |
| Investment Management | 4 | $127,500 | $19,125 |
| Real Estate | 4 | $112,500 | $15,000 |
| Consumer Products | 3 | $100,000 | $20,000 |
| Pharma/ Biotech/ Healthcare | 3 | $103,750 | $20,000 |
| Consumer Electronics/ Hardware | 3 | $115,500 | $10,000 |
| Media/ Entertainment | 3 | $96,000 | $20,000 |
| Tech-Software | 3 | $110,000 | $15,000 |
| Other Services | 3 | $75,000 | n/a |
| Financial Services-Diversified | 2 | $115,000 | $40,000 |
| Petroleum/ Energy | 2 | $110,000 | $28,500 |
| Manufacturing | 1 | $115,000 | n/a |
Total does not equal 100% due to rounding.
Top Functions: Consultant 29%; Private Equity 16%; Investment/Portfolio Manager 8%; Product/Brand Manager 8%
Base Salary: median $120,000 (range $30,000-$250,000)
Signing Bonus: median $20,000 (range $2,500-$200,000)
Other Guaranteed Compensation: median $40,000 (range $2,000-$250,000)
Links:http://www.stanford.edu/group/mba/blog/
http://www.gsb.stanford.edu/cmc/reports/index.html
http://www.gsb.stanford.edu/cmc/reports/documents/report08.pdf
http://www.gsb.stanford.edu/cmc/reports/documents/EmploymentReport_07_08l.pdf
http://www.gsb.stanford.edu/cmc/reports/documents/Recruiting_Orgs.pdf
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