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Wednesday, March 23, 2011

Europe's Top B-Schools 2011

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March 23, 2011
 

MBA Express


NEWS  THIS WEEK'S TOP STORY

Europe's Top B-Schools 2011
Management education has never been stronger in Europe, as MBA programs boost their global stature in the wake of the economic downturn


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BEST BUSINESS SCHOOLS 2010
Business School, Explained
Is business school on your horizion? If so, get answers to all your questions on admissions, careers, and B-school life from the experts

 B-SCHOOL FORUMS
Visit BW Online's interactive forums for wide-ranging discussions about management education. Search through over 1,359,000 posts for topics that interest you. Join in today! Here are a few samples of recent messages:

Getting into Business Schools — I'm Older: CBS Now or HBS Next Year?

From: WernerGunther
To: All
Hello folks,

have a question regarding age. If an applicant is 32 years old, born in February and is accepted to both the accelerated MBA at CBS starting January 2012 and to the standard MBA at HBS for September 2012, what should he choose?

The problem is simple: starting in January, he would finish in May 2013, age 34. Starting September 2012 at HBS, he would finish May 2014, age 35.

Of course, HBS is highly regarded than CBS, but CBS nonetheless is one of the Elite schools so the difference between the two, albeit big, does not appear to be "too" big.

So the question is: curiculum aside, in such a situation, do you think it is better to do HBS (probably the top MBA) or to do CBS (not the top MBA but near the top) and save 1 full year, finishing the MBA one year younger?

Last point, all this is for a candidate who intends to stay in the same industry after graduation (finance) and wants primarly increase his skills and his international mobility, not change path.

Thanks for your comments
From: bobdar
To: WernerGunther
I don't believe this is a serious question. If you want to stay in the same field and you have admission to both schools, then what is the hurry to completing your MBA 1 year earlier? Do you have any guarantees or plans for that extra year that make it much more compelling than the difference between the #1 business school in the world vs. the #7 business school in the U.S.?
From: thegame83
To: WernerGunther
Generally HBS is def the choice but at your age i don't think MBA will have a jump in your career. In addition, there is not much difference between HBS and CBS if you want to continue a Finance career. esp the accelerated program at CBS would save you time for your future plan! my 2 cents.
From: FrancescaBW
To: WernerGunther
Hi,

I don't think you should get hung up on the rank of each school. You should pick the program that will best serve your needs. They're both excellent schools that can provide you with decent training and a promising future. But into which culture will you best fit? Which program offers the right kind of programs for the goals you want to accomplish? Ask yourself these questions, visit both schools, and then make a decision. Ultimately, it has to be you to decide.

Good luck,
Francesca
From: ClassSize
To: WernerGunther
The question isn't CBS or HBS, it is MBA or not. If you are going to go to business school, you go to HBS. Simple choice.
From: numbersky
To: ClassSize
Yeah, another version of this is: whatever you do, don't go to CBS.
From: ClassSize
To: numbersky
Ha ha, that is funny. I'd go to Columbia over Yale or Michigan. But compared to HBS or any top 5 school, no way. I wouldn't even go to Columbia over Tuck or Haas.
From: numbersky
To: ClassSize
I'd go to Columbia if I couldn't get into Baruch and I was desperate to stay in NYC.
From: Cazari
To: numbersky
Columbia: The best city with bright students and worst facilities (Uris Hall urgg). Can anyone name a top BSchool with worse facilities than CBS?
From: WernerGunther
To: Cazari
@classsize and numbersky

Guys, thank you so much for sharing with us your justified frustrations about yourselves!
From: numbersky
To: WernerGunther
Werner, hier ist das Takeaway:

1) If you get into HBS, go;
2) If you get into GSB, go;
3) If you get into Wharton, go;
4) If you get into MIT, go;
5) If you get into Chicago, go;
6) If you get into Kellogg, go;
7) If you get into Tuck, go;
8) If you get get into Darden, go;
9) If you get into Yale, go;
10) If you get into Columbia, don't go.

HTFH
From: cbsmba2012
To: WernerGunther
Werner, no offense, but this is absolutely the wrong place to ask this question. There are simply too many people on these forums with pent up frustration, aggression and discontent. Talk to people at both schools in depth, and talk to alumni. That is where you will find the best answers; not here.

At CBS, I would recommend talking to the people at the Heilbrunn Center for Graham & Dodd Investing who run the Value Investing program. They can tell you everything about the program regarding coursework, mentorships, career placement, etc. Also, I would reach out to an alumn of the VI program, if you're able to get contact info. They would be the best source since they can talk about their experience in detatil. I don't know who to contact at Harvard, but I'm sure they have a similar center for finance & investing. Good luck!
Getting into Business Schools — Wrong Major — Can I Get Into B-School

From: Roversocce
To: All
Hi everyone, I'm new to the forum, so I'm sorry if this is a widely discussed issue already.

I'm a junior at The College of New Jersey. I'm a Political Science major with a pre-law minor. I've always planned on law school. Recently I added an economics minor (yes, a second minor) because I was considering a JD-MBA dual degree. Recently, though, I've begun to quesiton whether I really want to go to law school. I've been doing a lot of reading on more business-related things- I've read investing books, books on the stock market, hedge and mutual funds, etc. in my free time, and in addition to my economics minor, I'm finding a career in finance much more appealing than a degree in law. So, I'm beginning to look at b-school, but what I'm finding isn't giving me much hope.
What I want to know is- can I get into a good b-school? I don't have a very relative major, and only one relative minor. I'm at a gpa of 3.5. I have no real world work experience, but I've been working at the Princeton University Office of the General Counsel (legal office) for 8 months. I'm extremely involved in school- Student Government, Student Advisory Couoncil, Finance and Budget Planning Council, I'm close with the dean, so I get put on many ad-hoc committees as the student rep..my resume in that sense is pretty long.

Do I stand any chance? I have extra-curriculars as good as anyone. A decent GPA, but not in a business-major (diversity is good, but not so much for b-school). And I have a decent part-time job while I'm in school. Also, I've been doing practice GMATs and I'm optimistic I will do well on that. Can I get into B-School straight out of undergrad?

My other concern is that if I can't get in right away, I will not be able to get an appropriate job to get experience with (a political science major doesn't really help in the financial industry).

*Note: In applying to a JD-MBA dual degree, you generally have to get accepted to both separately, so pursuing a JD-MBA will not give me an advantage or easr route into the B-School.

Thanks everyone!
From: FrancescaBW
To: Roversocce
Hi,

It's nice to see an undergraduate exploring options. You have your whole life and career ahead of you, so you should not feel limited. First of all, you can certainly go into business if that's your calling. But I will say that getting into MBA programs straight out of undergrad is very, very rare. I would encourage you to work in the real world for a couple of years and then consider an MBA program. Don't worry so much about the major you've chosen or what job you'll have after graduation. With your minor, you will show interest and capability in related coursework. MBA admissions committees will look closely at these classes and the grades you receive in them, so be sure to do well. Seek jobs that are at least relevant to business and what you'd eventually like to be doing. But remember that MBA programs seek diverse classes, which means taking in students who studied liberal arts and worked as everything from teachers and football players to military and bankers. Just be sure that whatever work you're doing has you always taking on more responsibility and demonstrating leadership. You'll want examples of this for your business school application. These stories on the five years before business school should help you -

First Year -
http://www.businessweek.com/bschools/content/nov2008/bs20081125_092698.htm

Second Year -
http://www.businessweek.com/bschools/content/dec2008/bs20081216_291358.htm

Third Year -
http://www.businessweek.com/bschools/content/jan2009/bs20090112_408116.htm

Fourth Year -
http://www.businessweek.com/bschools/content/jan2009/bs20090126_882662.htm

Fifth Year -
http://www.businessweek.com/bschools/content/feb2009/bs2009025_563066.htm

What schools interest you most for the MBA?

Good luck,
Francesca
From: Roversocce
To: FrancescaBW
First off, thanks so much for replying to me. I'm only just beginning to look into business school so I don't have too much of a plan yet. I only just recently realized that I don't want to go to law school. So, I have a few questions regarding your post:

You mention that my degree in PoliSci shouldn't hold me back too much, and that I should try to get a business-related job relevant to what I want to do. I think I want to go into finance (investing, banking, not exactly sure). Do you know any specific jobs that someone graduating with a PoliSci degree can get in this area? I know that for this career path, the entry level job is a financial analyst, but that's not something I can do with only an economics minor, is it? Do you have any advice?

Also, you asked what MBA programs I'm considering. To be honest, none yet. I've only just began investigated b-school. Obviously I'd love to get into some of the top programs, but I'd rather go to b-school sooner rather than later. I live close to Rugers University in New Jersey (also good because I'm a short train ride from the City and Wall Street), but I location isn't too big of a factor, I'd be willing to live/work somewhere else if I got accepted into a good b-school.

Thanks for all the help. Since realizing Law School isn't for me, I've been quite unsure of everything, so the help is very much appreciated!

-Chris
From: ryanhughes
To: Roversocce
You'll be fine. Once you graduate and get a job, you will have a much better idea of what you want to do. It is too early for you to be worried about what school you want to get into. Focus on boosting your GPA, then focus on getting a decent job.
From: chicklet24
To: Roversocce
I doubt schools expect 18-22 years olds to have their whole life mapped out from day 1. I think it's natural to experiment and switch course. just important to explain what was going on behind the decisions.
From: FrancescaBW
To: Roversocce
Hi,

First, try to stay calm. You know what you want now, and that will help you get ahead. Second, it would probably be difficult to get a banking job, especially right now. That should not stop you from applying on your own. You never know what can happen. You should definitely talk to professors and the career center at your school about your options. You might also consider other options that are still in the world of business. For instance, with a poli-sci degree and economics minor, you might be able to work at a non-profit in a business role. You could also take on an internship to gain the work experience, which might make up for the lack of a business degree.

Honestly, even at a university such as Rutgers, you'll have a hard time getting into an MBA program right out of school. It's just not how things are usually done. You certainly could try, but you'd probably get more out of the program after a few years in the workforce. Have you spoken to anyone at your school about your career goals and prospects? If so, who?

Thanks,
Francesca
From: Roversocce
To: FrancescaBW
I haven't talked to anyone yet- I've only just begun to consider options outside of law, so I haven't taken any serious steps; I only did this informally to see what some people thought. I definitely will make an appointment to see someone in the career center.

Thanks for the advice though. Reading all of this really has helped calm my nerves a bit. I really appreciate everyone's help.
From: FrancescaBW
To: Roversocce
No need to be nervous. You're doing exactly what you need to do, and you have your whole life an career ahead of you. It will change and evolve always. This is just the beginning. Let us know what the experts at your school advise. I'm curious to know. Good luck,
Francesca
Business Schools — Part-Time MBA Programs — Haas EWMBA — R3 [2011]

From: HaaSuxus
To: All
Hey all, We have just 2 more days for the R3 deadline. I am planning on submitting the application on 03/13/2011. Anyone else applying for HAAS R
From: sumitp
To: HaaSuxus
I will be submitting the application on March 14.
From: HaaSuxus
To: sumitp
Nice!

I am Male, Indian living in US
GMAT - 640 ; TOEFL - 110
Telecommunications Industry with 8 years work experience in Program Management

How about others applying in R3?
From: sumitp
To: HaaSuxus
I just submitted my application for Haas EWMBA R3. My profile is -
Indian Male, GMAT - 690, WE - 11 years in Software development (Management, Project Management)

I will be applying to UC Davis Working Professionals Bayarea MBA and UCLA FEMBA
From: HaaSuxus
To: sumitp
Cool! I submitted mine yesterday.

I was thinking of applying to UCLA. But how do you plan to travel every week? Flight?
Davis has class at 2:00 on friday. I don't think that is possible for me. i am looking for weekend classes.
From: sumitp
To: HaaSuxus
I attended one of the info sessions, the admissions director mentioned that there are a few folks who commute to UCLA for the Saturday class, they take the early morning flight. UCLA FEMBA has a preview day on April 16 and I am planning on going there to check it out.
From: tigerrose
To: HaaSuxus
I submitted my application on March 7th and sent in transcripts yesterday.
34 Indian male with 750 GMAT and 12 years of work experience in Software Consulting.
From: HaaSuxus
To: tigerrose
Did any of your status change from 'Received' to something else?
From: tigerrose
To: HaaSuxus
I checked again, the status at the top is "Received"


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  B-School Insider
Dear Reader:

It seems like every day brings new evidence that European business schools are coming into their own, whether it's news of the latest faculty accomplishments or the latest trend among b-school hopefuls in Europe, who are increasingly opting for home-grown degrees.

For those of you considering a degree from an elite European MBA program, I urge you to read our latest special report, which provides an in-depth look at the top business schools on the Continent. If you're already familiar with the programs it will help you understand why they're having their moment in the spotlight. If you're not, it will be a real eye-opener. Enjoy!

Louis Lavelle
Business Schools Editor
Bloomberg Businessweek

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