MBA News
A collection of news items from MBA programs and about the business school admissions process.
Published: September 29, 2022
Admissions Exodus: Stanford & HBS Admissions Directors Latest to Leave Posts
In between the Round 1 and 2 deadlines, two major admissions directors in the MBA space have announced this week that they’re moving on: Kirsten Moss of Stanford GSB and Chad Losee of Harvard Business School. Kirsten Moss of Stanford GSB Moss, whose professional history spans leadership coaching, consulting, admissions and more, has held the role of Assistant Dean of MBA Admissions & Financial Aid at Stanford GSB for the last five years. She shared in the email announcement to the Stanford community, “Over the last few years, the classes that have joined Stanford have had record
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Published: September 29, 2022
UVA Darden MBA Class Profile of 2024: Record-Breaking GMAT Scores & International Representation
See the UVA Darden MBA Class of 2025 profile here. The University of Virginia Darden School of Business full-time MBA Class of 2024 has broken school records for international representation and average GMAT score, as revealed in the latest class profile. Here is the breakdown of stats within the 349-student strong profile at Darden. Darden MBA Class of 2024: GPA, GMAT & GRE Scores Average Undergraduate GPA 3.51 Average GMAT Score 720 Average GRE (Combined) 319 Darden MBA Class of 2024: Student Characteristics Women 37% Countries Represented (by citizenship) 48 International
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Published: September 27, 2022
Yale MBA Class of 2024 Profile: A Diverse Class Returns to Campus
See the Yale SOM MBA Class of 2025 profile here. The Yale School of Management brings together 347 talented and diverse individuals for their MBA Class of 2024. The new members began orientation in mid-August, followed by classes back on campus in New Haven. Here are some key elements of the Yale MBA class profile: Yale MBA Class Profile: Undergraduate Background Average Undergraduate GPA 3.65 Percent majoring in humanities, social sciences 19% Percent majoring in science, technology, engineering, and math 38% Percent majoring in business 25% Percent majoring in economics
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Published: September 22, 2022
Ross MBA Employment Report: Record-Breaking Offers, Placement and More
See the Michigan Ross employment report for the MBA Class of 2023 here. The Michigan Ross full-time MBA Class of 2022 broke several records, according to the employment report. A staggering 99 percent of graduates received job offers three months after graduation and 98.4% of graduates accepted jobs within three months of graduation. The median salary landed at $165,000, which represents a $21k increase over the Class of 2021. The median of salary packages, which includes salary and signing bonus, for the Class of 2022 came in at $192,270–about $21k
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Published: September 20, 2022
Kellogg MBA Class of 2024 Profile: Exemplifying Kellogg Leadership
See the Northwestern Kellogg MBA Class of 2025 profile here. Kellogg School of Management has released MBA Class of 2024 profile. The school noted in the report, “We are excited to welcome this new class of students who exemplify what it means to be a Kellogg Leader. They not only uphold Kellogg’s rigorous standard of academic excellence, but they demonstrate the unique combination of analytical, creative and social intelligence that sets our graduates apart time and time again.”
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Published: September 15, 2022
Berkeley Haas MBA Class of 2024: Gains in International & Women Representation
See the Berkeley Haas MBA Class of 2025 profile here. The UC Berkeley Haas School of Business has released its MBA Class of 2024 profile, encompassing 247 new students. Compared to last year’s class, Haas saw an increase in international representation and the percentage of women. The new class also gained 3 points in their average GMAT score over last year’s class, landing at 729. Here are some key elements of the profile: UC Berkeley Haas MBA Class Profile: Undergraduate Background Average Undergraduate GPA 3.64 Percent majoring in engineering 23% Percent majoring in arts, humanities,
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Published: September 14, 2022
Harvard MBA Class of 2024 Profile: Diversity Reigns & Deferrals Conclude
See the Harvard MBA Class of 2025 profile here. Harvard Business School shared their MBA Class of 2024 profile today and, while HBS couldn’t dodge the industry-wide dip in application volume, the program maintained diverse representation, academic strengths and an enlarged class size. The percentages of women, international students and U.S. minorities nearly mirror last year’s class. The new HBS MBA candidates also maintained the median GMAT score of 730 and had earned an average undergraduate GPA of 3.70. HBS received 8,264 applications for the Class of 2024 and 1,015 ultimately enrolled. The
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Published: September 13, 2022
Tuck MBA Class Profile: Record-Setting Class of 2024
See the Dartmouth Tuck MBA Class of 2025 profile here. The Dartmouth Tuck School of Business just released their class profile and the newest members of the MBA Class of 2024 continued the trend of setting records at the school. The 287 new members of the class reported a record average GMAT score of 726, which just edged out last year’s school record of 724. “We’ve recruited a gifted class of students who are incredibly smart but also curious,” says Amy Mitson,
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Published: September 7, 2022
Duke Fuqua MBA Class of 2024 Profile: Near Gender Parity & Bump in International Representation
See the Duke Fuqua MBA Class of 2025 profile here. Duke University’s Fuqua School of Business welcomed 399 students to its MBA Class of 2024. International students, as based on citizenship and dual citizenship, represents the greatest jump from last year’s class with a five percent increase from 47 to 52 percent. The middle 80 percent range of GMAT scores shifted up by ten points at each end. Meanwhile, the average combined GRE test scores for the newest class landed at 317. The Daytime MBA program at Fuqua also maintained it’s near-parity representation
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Published: September 6, 2022
Columbia MBA Class Profile: Diversity Abounds in the Class of 2024
See the Columbia MBA Class of 2025 profile here. Columbia Business School‘s MBA Class of 2024 welcomed 844 students, with 629 starting in August and 215 beginning in January. Diversity abounds as percentage of women rose to 44 percent and international students make up 51 percent of the class. U.S. minority representation also increased over last year, to 42 percent. According to this year’s class profile, CBS received 6,177 applications this past admissions season, compared to 6,535 for the Class of 2023. The school admitted 1,363 this year compared to admitting 1,215
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Published: August 30, 2022
Stanford MSx Class of 2023 Profile: Established Leaders Pursue Greater Impact
24 experienced entrepreneurs; 18 current or former CEOs; 9 members with military, government, or diplomatic experience; 15 professional investors; and 5 law firm partners. These are just some of the people who make up the newest Stanford MSx class. The MSx program is designed for mid-career professionals with at least eight years of professional work experience. It’s a one-year, full-time program and participants earn a master of science in management degree. When students arrive in July, they typically complete most of the streamlined core curriculum in foundational business topics including finance, strategy, and operations during their first quarter.
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Published: August 29, 2022
NYU Stern MBA Class of 2024 Sets New Academic Records
See the NYU Stern MBA Class of 2025 profile here. New York University’s Stern School of Business revealed a record-breaking MBA Class of 2024 profile. The new class earned the highest average GMAT in the school’s history: 733. They also showed their academic prowess with a new record average GPA of 3.62. Stern is also proud of the diversity of the newest MBA class, as percentages of women, international students and U.S. minorities all increased over last year. Assistant Dean of MBA Admissions Lisa Rios remarked, “The strength of our newest class shows that demand for
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Published: August 28, 2022
Emory Goizueta Secures Over $41M in Scholarship Donations
Emory University’s Goizueta Business School announced recently they have secured more than $41 million in new scholarship donations with three more years of the fundraising campaign remaining. Goizueta considers student scholarships a fundraising priority, as a means to attract the best and brightest students. “The cost of pursuing a graduate degree is a significant investment,” said Melissa Rapp, associate dean of graduate admissions at Goizueta. “Scholarships provide individual students financial relief and allow our school to attract the most sought-after student talent. More broadly, this funding benefits communities by establishing a pipeline of diverse and talented students
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Published: August 25, 2022
Harvard Business School Announces Full-Tuition Scholarships
Harvard Business School (HBS) seeks to remove cost as a barrier to higher education with the announcement that they will provide scholarships to cover the total cost of tuition and course fees for those with the greatest financial need. This will apply to approximately 10 percent of the HBS MBA student body. While students will be responsible for their own living expenses, the funding from the school works out to $76,000 per year for the two-year program. More scholarship support will also be made available to middle income students. “We know that talent is much more evenly distributed than
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Published: August 16, 2022
Cornell Johnson MBA Class Profile: Two-Year MBA Class of 2024
See the Cornell Johnson MBA Class of 2025 profile here. The Cornell MBA class profile for the Two-Year Class of 2024 mirrors the Class of 2023 in some ways, with a few upward shifts in GMAT scores and percentage of international students. Cornell’s Samuel Curtis Johnson Graduate School of Management maintained a class size of 303 students compared to 304 last year. They also matched last year’s composition of 39 percent women. The median GMAT score for the Class of 2024 rose ten points to 710, compared to 700 for the Class
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Published: August 9, 2022
UCLA MBA Class Profile: A Smaller, Yet Still Diverse, Class of 2024
See the UCLA Anderson MBA Class of 2025 profile here. The UCLA Anderson School of Management has released their MBA Class of 2024 profile. Amid an industry downturn in applications, Anderson reports a roughly 20 percent drop compared to last year–from 3,085 to 2,471 applications received. The class size also settled at 330, compared to 360 the past few years. The program saw an 11 percent increase in international students and seven percent drop in female students compared to last year, too. Here are some key elements of the profile
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Published: August 1, 2022
Wharton MBA Class of 2024: Holding Steady & Stellar
See the Wharton MBA Class of 2025 profile here. The Wharton School of the University of Pennsylvania just released the class profile for the MBA Class of 2024. The school received 6,319 applications, a 14 percent drop from last year, and 877 candidates will matriculate this month. The class maintains gender parity, with 50 percent of the new class comprised of women. Other statistics also mirror or stay within single digits of the profile for last year, showing that Wharton is holding steady in the wake of Covid. Here are
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Dartmouth Tuck Receives Largest Gift in School History–$52 Million
Dartmouth Tuck hit a fundraising milestone this week with a $52.1 million anonymous pledge–the largest in the school’s history. The pledge is designated to create the Dartmouth Summit on Health, Wealth, and Sustainability. The recurring summit will bring together leaders from the private and public sectors, academic researchers, and students to resolve global challenges as seen through the intersecting roles of public policy, health care, climate change, politics, and finance. “This historic gift will have an enduring and far-reaching impact, not only at Tuck and Dartmouth, but in organizations and communities throughout the world,” says Dean Matthew J. Slaughter.
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Key Takeaways from The Economist 2022 Best Full-time MBA Ranking
Harvard Business School tops The Economist’s 2022 full-time MBA ranking, as more business schools elected to participate again. As many may recall, most of the top U.S. MBA programs abstained from last year’s Economist ranking due to the pandemic. This resulted in a top-10 that was half European MBA programs and half American MBA programs. Last year, IESE and HEC landed in the #1 and #2 spots, respectively. Meanwhile, the highest ranking U.S. programs taking part last year were Michigan Ross (#3), NYU Stern (#4), U. Washington Foster (#8), CMU Tepper (#9), U. Minnesota Carlson
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Northwestern Kellogg Receives $2M Gift for Sustainable Finance
A joint $2 million gift establishes the Thomas K. Montag Sustainable Finance Fellowship Fund in Sustainable Finance at Northwestern Kellogg. In addition to programming such as conferences, panels and research, the fellowship is designed to bring sustainable finance leaders to engage with Kellogg students and faculty. The field of sustainable finance prioritizes environmental, social and governance issues in investing and business practices. The focus will be on finance, banking and economics covering topics such as addressing climate change and improving inclusive development practices. Northwestern Trustee Tom Montag ( MBA ’82) and Janet M. Montag, along with Bank of America Charitable
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New Dean to Lead Michigan Ross: Professor Sharon Matusik of Leeds School of Business
Michigan Ross welcomes Professor Sharon Matusik to the role of Edward J. Frey Dean of the Stephen M. Ross School of Business in a five-year, renewable term that begins August 1, 2022. Matusik joins the Ann Arbor business school from the Leeds School of Business at the University of Colorado Boulder. Professor Sharon Matusik, New Dean of Michigan Ross “Professor Matusik is a distinguished scholar and teacher whose foci include strategy, innovation, and entrepreneurship,” Provost Laurie McCauley said. “As an academic leader, she has a strong record of accomplishment in critical areas – student success,
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Published: April 26, 2022
Stanford MBA Students Host Event to Demystify MBA Experience for Black Undergrads
Stanford GSB MBA students hope to increase diversity in the global MBA applicant pool and equity in the b-school application process with an upcoming workshop for students and young professionals who identify as black. To help demystify the MBA experience, Dream Big Lead Boldly is a free, one-day virtual workshop taking place on Saturday, April 30th, covering the following themes: Deciding if an MBA is right for you Paying for business school Career paths Designing your life This is the second year that the student-led program will take place. Building on the foundation
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Published: April 19, 2022
UCLA MBA Employment Report Class of 2021: Job Offers Rebound Post-Pandemic
The MBA employment report for the UCLA Anderson Class of 2021 shows recovery from the pandemic-stricken job market, as job offers bounced back for the latest graduates. Of the 341 graduates of the UCLA Anderson MBA Class of 2021, 302 sought employment. Of those not seeking employment, five percent were company sponsored and roughly four percent started their own businesses. By graduation in June, nearly 82% of those seeking employment secured job offers and that percentage climbed to 93% within three months of graduation. Nearly 93% accepted job offers within 3 months of graduation
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LBS 2021 MBA Employment Report: “Demand for Talent Transcends Borders”
The 2021 MBA Employment Report from London Business School demonstrates that international demand for LBS graduates remains strong despite challenges that span borders and industries. “The last year has been one of the toughest on record for business school graduates and we are proud that, despite these challenges, our students shone across the board,” wrote Zoe McLoughlin, the head of the LBS Career Centre, in the school’s report. “I am confident that, having dealt with so much uncertainty over the last 12 months and overcoming every challenge with such collaborative spirit, this group of students are more than
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Published: March 28, 2022
U.S. News 2023 Full-Time MBA Ranking: Wharton & Chicago Booth Share Top Spot
The 2023 U.S. News Best Graduate Programs Rankings rolled out today and we’re taking a closer look at the full-time MBA program list. Chicago Booth and The Wharton School share the top spot, surpassing last year’s #1, Stanford GSB, which now ranks third along with Northwestern Kellogg. On Wharton and Booth landing in the top slot, Clear Admit Co-founder Graham Richmond notes, “This is likely due to these programs’ impressive statistics on both sides of the equation: incoming stats (GPA, GMAT, acceptance rate) and outgoing
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