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Use an M.B.A. to Change Careers
Tweet Share on Facebook June 24, 2011 CommentThese days, you'd be hard pressed to find someone who stays with one company or even on one job track throughout his or her entire professional life. By some estimates, two thirds or more of graduating M.B.A.s use the degree as a means of switching careers. If you're looking for the fast track to gain the skills and network to launch your career in a new direction, a popular way to do so is through an M.B.A. program.
So-called "career switchers" look upon the degree as a way to expand international job opportunities, develop the right connections for future employment, and establish the potential for long-term income and financial stability. In fact, there's even an M.B.A. for Career Change offered by Willamette University's Atkinson Graduate School of Management.
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Tips for Reapplying to Business School
Tweet Share on Facebook June 17, 2011 Comment (4)This time of year, many applicants—even highly qualified ones—face the dreaded news that they weren't accepted into the school of their dreams. For those of you wondering if there's a magic solution to reapplication, consider this: With just 5 percent of applicants making it into Stanford Graduate School of Business's Class of 2012, and 12 percent landing a spot at Harvard Business School in the Class of 2013, getting into a top M.B.A. program isn't as easy as pulling a rabbit out of a hat. However, I can recommend a few tricks that might yield more positive results.
First, give yourself a break from this intense process. Applying to business school is stressful, and starting over without taking a breather only sets you up for failure since you'll be burned out before you even begin. Once you've taken the time to mentally regroup, it's time for some intense soul searching. Everyone has room for improvement, so take a cold, hard look at yourself and your first application to see where you can do better next time.
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The Race for Bigger, Better Business Schools
Tweet Share on Facebook June 10, 2011 Comment (3)A shiny new campus really does make a difference–even for business schools firmly ensconced at the top of the heap. Seeing a flawless, state-of-the-art facility, whether it's still in the conceptual phase or newly inaugurated, can inspire other donors and kick-start a lot more giving. Suddenly, people feel excited about the school again.
With all of the technological innovations currently taking place, an overhaul of facilities is vital to ensure that they are optimal for teaching, sharing, and learning. Beautiful campuses make excellent marketing tools as well.
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Babson College Overhauls M.B.A. Curriculum
Tweet Share on Facebook June 3, 2011 Comment (5)Babson College's Olin Graduate School of Business, consistently the top-ranked M.B.A. program for entrepreneurship by U.S.News & World Report, announced the launch this week of a new M.B.A. curriculum for fall 2011. Several top programs have undergone revamps in recent years—University of Pennsylvania's Wharton School, Yale School of Management, Stanford Graduate School of Business, and UC—Berkeley's Haas School of Business, to name a few—seemingly in response to the finger wagging directed at these institutions in the aftermath of the global financial meltdown.
These changes aren't subtle, and are built around themes integral to today's business environment. In December 2010, for instance, Wharton announced it was altering its curriculum to better prepare its M.B.A. students for the increasingly global business world, and last spring, Berkeley reshaped its course offerings with a focus on molding innovative, but responsible, business leaders. While the changes at Babson echo these decisions, the school isn't straying from its entrepreneurial backbone; it's building upon it.
