BusinessWeek Online MBA Express January 27, 2009 ************************ADVERTISEMENT***********************
THIS YEAR...BUILD YOUR CREDENTIALS With a Professional MBA, Business Master's, or Executive MBA from Saint Joseph's University, Erivan K. Haub School of Business - Offering a broad array of flexible, part-time, industry-specific program options for working professionals. The HAUB School is ranked No.1 Part-Time MBA in Pennsylvania by U.S.News & World Report; AACSB Accredited. Visit http://newsletters.businessweek.com/c.asp?748909&cf16b2f231665666&1 to learn more. ********************************************************************** ******************** Loan Crisis Hits the MBA World With big lenders requiring co-signers, international students are finding that money is tight. For many, B-school dreams may be over before they start http://newsletters.businessweek.com/c.asp?748909&cf16b2f231665666&2 MBA Programs Go Green To fill jobs in clean tech and help tomorrow's business leaders solve our environmental problems, schools are ramping up sustainability programs-inside the classroom and out http://newsletters.businessweek.com/c.asp?748909&cf16b2f231665666&3 Five Years to B-School: The Third Year On the way to B-school, Year Three is a turning point. Prospective MBAs must show career progression and hit books to prepare for the GMAT http://newsletters.businessweek.com/c.asp?748909&cf16b2f231665666&4 Letting Go of Ego, Learning to Love Numbers First-semester core classes were daunting: accounting, finance, statistics, economics, and marketing, my beacon of hope. Wrong! http://newsletters.businessweek.com/c.asp?748909&cf16b2f231665666&5 For MBAs, a Brave New World As business models evolve, post-recession MBA jobs will, too, with employers looking for well-rounded types with strong leadership skills http://newsletters.businessweek.com/c.asp?748909&cf16b2f231665666&6 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 B-School: Gifts for Recommenders From: Episode To: ALL Hi everyone, I would like to get your opinion with respect to gift for recommenders (2 schools each). I was thinking of a $100-150 gift certificate at a nice restaurant or at Amazon for each recommender. Is this ballpark what you would had give or intend to give? Thanks, Epi ------------ From: tmino To: Episode That's generous - I'd be happy to receive that. I only gave some flowers (ordered online cause she lived in another city) to a former supervisor. She really enjoyed them (~$30). Heard many also just give a bottle of wine. Didn't give my current supervisor at the time anything cause I thought it was part of his job as my boss and it otherwise would come across as maybe a bit too brown nosy. ------------ From: charles10 To: mba2009mrs I gave a Montblanc pen to each of my recommenders, engraved with their initials (Montblanc does it free of charge at their boutiques). Whether or not I get into MBA school this year is irrelevant, because I work in private equity and to get 2/3 recommenders to write a 1pg (or more in Wharton and Stanford's case) is truly a magnificent achievement, considering how stressed and busy they are nowadays... ------------ From: bschool525 To: applicant1000 I got my recommender a bottle of pinot noir from the region where I grew up. It's always nice for them to get a bottle that means something, even if it's not rated 98 or whatever. ------------ From: Auto123 To: Episode I provided $125 restaurant gift cards for each of them. The figure should not be the factor; you should consider what the card will get them at the restaurant you chose. The $125 theoretically covered an appetizer, two meals, a dessert and a bottle of wine - that is why I chose this figure. ---------------------------------------------------------------------- Getting into B-School: HBS and Marketing People From: 2012dreams To: ALL I'll be applying to b-school in the Fall of 2009. All my friends who have applied to HBS in the past were consultants, finance, and a few in rotational managerial programs. I was wondering how HBS views marketing people and what they look for in these types of applicants. I know HBS can be very name conscious (undergrad, fortune 500's) as well as focus a lot on prestiege (and let's be real, in b-school, consultants and finance people come to mind first) but I was wondering how friendly they are to marketing people - especially those not looking to stay in marketing. ------------ From: 68686868 To: 2012dreams Contact this person: http://newsletters.businessweek.com/c.asp?748909&cf16b2f231665666&7 Her background (both pre- and post-HBS) is all marketing. She recently started a business school application consultancy. Full disclosure: I was not a client of hers. ------------ From: rsfourever To: 2012dreams Actually, I don't think HBS puts any particular emphasis on whether you worked for a big famous company vs. a small company, or even what you did. What they really care about is that you show leadership and motivation in your career, and that you've been moving up over the years. Also, you obviously need a good gpa, gmat, and interesting essays... My opinion comes as a recent hbs admit who did not work in a famous company or in a glamorous industry... but I had great career progression and a regular increase in responsibilities... B-SCHOOL BLOGS View over 4,500 blogs in our MBA Blogs community today! Share your journey, meet new friends, and expand your network. Connect with MBA students, applicants and alumni from Columbia, Kellogg, Notre Dame, and more! Become a blogger today! Here's an excerpt: Getting Down to Business: Obama Mama By Alyssa Comments: 0 Stars: 0 Today is an exciting day - we have a new president! President Obama's inaugural address was well written, sincere, and inspirational, capturing the essence of what America stands for and reminding us of its greatness. While listening to the President's speech brought tears to my eyes, it was the First Lady, Michelle Obama, who really invigorated my senses. What an outfit! Mrs. Obama silently spoke to America by means of her dress. Hope and renewal, a platform on which Obama based his campaign, was symbolized by the dress' glistening yellow hue. Aspirations of good relations with Cuba were suggested by her choice of wearing a piece by Cuban-born designer Isabel Toledo. Life is more difficult for everyone during these troubled times, but we must never lose sight of the future or underestimate the power of our country. We have elected a leader to guide and direct us as we work together to restore the economy. Proven by history, America's ability to overcome obstacles reassures us of a foreseeable victory. Even the inauguration of the first black president exemplifies growth and progression. Author and poet Maya Angelou describes how the inauguration of a black president represents our maturation. "We are growing up beyond the idiocies of racism and sexism. It takes a long time. But we are growing up," she says. We are lucky to exist in a land of freedom and equality. I strongly encourage all of you to take risks and follow your dreams; there's no better time or place. Women, if you are interested in a future in business, seize this opportune time and consider an MBA. We are just as apt our male counterparts, and we are needed in the market! As stated by the Forte Foundation, "Women buy or influence the purchase of 80% of all consumer goods, take more than 50% of business trips, purchase over 50% of all automobiles, make up more than 50% of web users and over 60% of new web users. It's clear that women have enormous influence today and can have much more. YET, they are not adequately represented in the top ranks of companies, and they need to be for business to flourish." First Lady Michelle Obama is an excellent role model for women in contemporary society. She is the mother of two young girls and has been active in her community, setting substantial fundraising records. She received degrees from top ranked universities which contributed to her success in the workplace. For many years she enjoyed a rewarding career at a corporate law firm and then at the University of Chicago. Now she looks forward to serving the country as the President's wife. Not only is she smart, driven, beautiful, and good natured- but she has great style! FOR THE FULL VERSION ************************************************************** This newsletter is a FREE service provided by BusinessWeek. 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