According to an article in The Financial Times, a new study shows that the economic crisis has not detracted from the popularity of the MBA degree.
Among the survey’s participants, over 80% attested that they now perceive the MBA degree in a more positive light, and only 7% reported their opinion of the degree changed for the negative.
The survey was conducted on the internet through different sources such as Facebook and LinkedIn.
Another interesting finding relates to the school curricula. The most popular courses among MBA students are strategic management and leadership, while the least popular courses are taxation, logistics, outsourcing, and ethics!
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Vocaz is the World's largest Engineer-to-MBA company.
All Vocaz School Specialists graduated from the Top-10 MBA programs and worked for technology companies.
Our team has helped engineers get accepted to Harvard, Stanford, Wharton, INSEAD and every other top-10 MBA program.
Thursday, February 25, 2010
Tuesday, February 23, 2010
Monday, February 22, 2010
New study connects MBA degree with CEO success
MBA programs have faced much criticism in recent years. They have been blamed for raising a generation of managers detached from reality, motivated by short-term thinking and greed.
A new INSEAD study included the world’s top 100 CEOs (according to Harvard Business Review). The study checked their performance over time and the effect of an MBA degree on the CEO’s ranking.
The results showed a clear correlation between an MBA degree and achievements as a CEO. Among the 100 CEOs, those with an MBA were ranked an average of 40 spots above those without. The MBA degree’s effect on CEO achievements was even more significant among CEOs who assumed their position before age 50.
One of the proposed reasons for this connection is that the MBA curriculum gives CEOS additional value, abilities, and creativity. Another reason might be that an MBA graduate network provides business opportunities and connections.
Definitely food for thought for anyone interested in an MBA….
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
A new INSEAD study included the world’s top 100 CEOs (according to Harvard Business Review). The study checked their performance over time and the effect of an MBA degree on the CEO’s ranking.
The results showed a clear correlation between an MBA degree and achievements as a CEO. Among the 100 CEOs, those with an MBA were ranked an average of 40 spots above those without. The MBA degree’s effect on CEO achievements was even more significant among CEOs who assumed their position before age 50.
One of the proposed reasons for this connection is that the MBA curriculum gives CEOS additional value, abilities, and creativity. Another reason might be that an MBA graduate network provides business opportunities and connections.
Definitely food for thought for anyone interested in an MBA….
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Sunday, February 21, 2010
Crossing Fingers!
Another engineer (helped by our team) was invited to an interview at INSEAD (MBA).
Saturday, February 20, 2010
More MBA graduates turn to health care
According to an article in BusinessWeek, the recent economic crisis led to a decrease in the demand for MBA graduates in the job market for many industries. The health care arena, however, has not been affected in the same way, and many MBA graduates have recently discovered a sudden interest in this industry.
A recent study shows that health care is one of the lone industries that reported an increase in hiring MBA graduates. One reason is the U.S. health-care reform expected in the near future.
For example, 10% of 2009 MBA graduates were hired in health care, compared with only 3% in 2007. Eight percent of 2009 Wharton graduates entered health care, compared with 4.3% in 2007.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
A recent study shows that health care is one of the lone industries that reported an increase in hiring MBA graduates. One reason is the U.S. health-care reform expected in the near future.
For example, 10% of 2009 MBA graduates were hired in health care, compared with only 3% in 2007. Eight percent of 2009 Wharton graduates entered health care, compared with 4.3% in 2007.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Tuesday, February 16, 2010
Crossing Fingers!
Another engineer (helped by our team) was invited to an interview at Chicago (MBA).
Sunday, February 14, 2010
HBS update for second round applicants
On 2/12, the HBS admissions committee announced that it was sending approximately 800 interview invitations both to second round applicants and some waitlisted first round applicants.
The interview invites are sent via email.
Additional invitations will be sent until the 4/6 decision date.
About 100 applicants that will not be invited to interview are expected to be waitlisted.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
The interview invites are sent via email.
Additional invitations will be sent until the 4/6 decision date.
About 100 applicants that will not be invited to interview are expected to be waitlisted.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Encouraging GMAC report for MBA grads
According to a GMAC survey, most of last year’s MBA graduates received job offers within months of graduation, despite the global economic crisis and the discouraging state of the job market.
About 75% of 2009’s Full Time MBA graduates succeeded to find work by September 2009. About 78% of survey participants that graduated in 2009 perceived their degree as an essential contributing factor to their finding work, and 47% opined that their employer paid great importance to the MBA in deciding whether to hire them.
Nevertheless, many of those who found work claimed that their starting salary is lower than that of years past. The median salary of 2009 graduates is $79,271, compared with $80,000 for 2008 graduates.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
About 75% of 2009’s Full Time MBA graduates succeeded to find work by September 2009. About 78% of survey participants that graduated in 2009 perceived their degree as an essential contributing factor to their finding work, and 47% opined that their employer paid great importance to the MBA in deciding whether to hire them.
Nevertheless, many of those who found work claimed that their starting salary is lower than that of years past. The median salary of 2009 graduates is $79,271, compared with $80,000 for 2008 graduates.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Tuesday, February 9, 2010
Stern- Not Just Finance!
NYU Stern was one of the business schools hardest hit by the economic crisis, mainly due to its connections to Wall Street and the Finance industry.
According to a BusinessWeek article, new Dean Peter Henry aims to change the nature of the school and its program, in order to prepare students to enter a larger variety of industries upon completing the MBA.
The school’s dependence on finance is reflected in the fact that 44% of the 2007 class entered investment banking. In 2008 the percentage went down to 37%, and in 2009 to 32%. Eighteen percent of the 2009 graduating class remained unemployed three months after completing the MBA, compared with only 8% in 2008. This represents one of the sharpest increases in graduate unemployment rates among top-ranked business schools. Stern now looks to change its class profile and program, and thus attract recruiters from numerous and diverse industries.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
According to a BusinessWeek article, new Dean Peter Henry aims to change the nature of the school and its program, in order to prepare students to enter a larger variety of industries upon completing the MBA.
The school’s dependence on finance is reflected in the fact that 44% of the 2007 class entered investment banking. In 2008 the percentage went down to 37%, and in 2009 to 32%. Eighteen percent of the 2009 graduating class remained unemployed three months after completing the MBA, compared with only 8% in 2008. This represents one of the sharpest increases in graduate unemployment rates among top-ranked business schools. Stern now looks to change its class profile and program, and thus attract recruiters from numerous and diverse industries.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Saturday, February 6, 2010
Crossing Fingers!
Another engineer (helped by our team) was invited to an interview at Chicago (MBA).
Thursday, February 4, 2010
Tuesday, February 2, 2010
New service for admissions committees to detect recycled essays
According to a BusinessWeek report, the site Turnitin.com that until now allowed professors to check if their students have plagiarized, is now turning its attention to the application essays. The new service checks submitted application essays and compares them against a massive database of essays and papers.
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)
Chicago Dean Moving to Yale
Ted Snyder, dean of Chicago Booth who announced that he will be leaving his position in June 2010, will be appointed dean of the Yale School of Management in July 2011.
Congratulations!
Another engineer (helped by our team) got accepted to Michigan (MBA) and Darden (MBA).
Crossing Fingers!
Another engineer (helped by our team) was invited to an interview at Michigan (MBA).
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