[商学院排名] Getting into a Top 5 MBA Program （2）

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Getting into a Top 5 MBA Program 2007 applicant guide to Harvard, Kellogg, MIT, Stanford, Wharton, and other top business schools. This document has been prepared by a group of graduates of various top US business schools, now working for an international strategy consulting firm. It is intended as an information resource for our colleagues considering applying to business school in the future. We encourage you to choose which schools are right for you and investigate them thoroughly before applying.

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Getting into a Top 5 MBA Program （2）

2008-9-25 13:39

Keys to Admission

Your GMAT score, undergraduate GPA, and the number of years of work experience you possess are the primary quantitative indicators used by business school admissions committees. Here is how the top 5 schools stack up on those measures:

 

	Business School	Median GMAT	Median GPA	Mean Work Experience (Years)
	Stanford	710	3.5	4.0
	MIT Sloan	700	3.4	5.3
	Harvard	700	3.6	4.4
	Wharton	710	3.5	5.8
	Kellogg	700	3.4	5.2

 

As of this writing, this means that more than half of all students attending these schools scored in the top 5% of all GMAT test takers worldwide. It also means that somewhat less than half did not. The GMAT is the primary indicator of raw intellectual ability considered by admissions committees, since it is standardized, and offers an objective – albeit incomplete –  measure of ability between students from different colleges and majors. If you are lower than your target school’s average on any of these measures, it should be compensated by all of the other areas. In other words, if you expect to get in to Wharton with only 2 years of full-time work experience, you should have a very high GMAT score and GPA amongst other things.

hutuyishi

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braveMBA

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Lionhearted

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veroniquelins

thanks for sharing!

peach

Wharton School

University of Pennsylvania

Philadelphia, Pennsylvania

http://www.wharton.upenn.edu

 

 

HINTS

 

The Wharton School is ranked as the #1 school in finance and accounting, and their emphasis is definitely on business fundamentals. Although the class has the same number of years of work experience as at other top programs, the average age skews a little higher, and thus maturity is definitely valued by the admissions committee. The admissions committee at Wharton is looking for talented, hard-working individuals that have achieved a great deal but are not arrogant about it.

 

FAMOUS ALUMNI SAMPLE

 

Reginald Jones, former CEO, General Electric Company

Shaun O’Malley, former Chairman, PriceWaterhouseCoopers, LLP

Louis Platt, former CEO, Hewlett-Packard Corporation

Donald Trump, CEO, Trump Organization

Gary Wilson, Chairman, Northwest Airlines

 

ADMISSIONS STATISTICS

 

Application Rounds: 3

Class Size: 771

Applicants: 7,274

Waitlist Size: 371

Waitlist Acceptance Rate: 23%

 

FINANCIAL AID

 

Annual budget: $59,728

Guaranteed loans available for all students.

 

FURTHER INFORMATION

 

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/wharton.htm

 

Wharton MBA Admissions

http://www.wharton.upenn.edu/mba

 

---

[1] Professor Jeffrey Pfeffer, Stanford Graduate School of Business.

peach

Harvard Business School

Harvard University

Boston, Massachusetts

http://www.hbs.edu

 

 

HINTS

 

Harvard is obsessed with leadership, and they are looking for indications of leadership ability in each of their candidates. This can be in the form of managerial work experience, extracurricular activities, or initiative taken in other forms. What is more important than demonstrated leadership is to convince them that you have the capability for taking on great responsibility and taking charge of a situation in the future. Harvard is considered the #1 general management school by US News (and most of the world), so personal well-roundedness is key.

 

FAMOUS ALUMNI SAMPLE

 

George W. Bush, President, United States of America

Louis Gerstner, former Chairman, IBM Corporation

Rajat Gupta, former Worldwide Managing Director, McKinsey & Company

Jeffrey Immelt, CEO, General Electric Company

Jeff Skilling, former CEO, Enron Corporation

 

ADMISSIONS STATISTICS

 

Application Rounds: 3

Class Size: 910

Applicants: 8,893

Waitlist Size: NOT RELEASED

Waitlist Acceptance Rate: NOT RELEASED

 

FINANCIAL AID

 

Annual budget: $54,800

Guaranteed loans available for all students.

 

FURTHER INFORMATION

 

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/harvard.htm

 

Harvard MBA Admissions

http://www.hbs.edu/mba/index.html

peach

Kellogg School of Management

Northwestern University

Evanston, Illinois

http://www.kellogg.northwestern.edu

 

 

HINTS

 

Kellogg believes that teamwork is what builds great organizations, and the ability to work with, and co-exist with others in the business school environment is their primary screening criterion. Kellogg is ranked as the #1 school for marketing, so communications ability and softer skills are more valued here – and expected – than at other top programs. As was mentioned earlier, the interview has a different nature at Kellogg than at other schools, and they want to see if you are the Kellogg “type”, and excited about their program specifically.

 

FAMOUS ALUMNI SAMPLE

 

Michael Borman, President, Blue Martini Software

Leland Brendsel, CEO, Freddie Mac

John Hoeven, Governor, State of North Dakota

James Keyes, CEO, Johnson Controls

Locke Burt, Senator, State of Florida

 

ADMISSIONS STATISTICS

 

Application Rounds: 3

Class Size: 625

Applicants: 6,039

Waitlist Size: NOT RELEASED

Waitlist Acceptance Rate: NOT RELEASED

 

FINANCIAL AID

 

Annual budget: $52,533

Guaranteed loans available for all students.

 

FURTHER INFORMATION

 

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/kellogg.htm

 

Kellogg MBA Admissions

http://www.kellogg.nwu.edu/admissions/index.htm

peach

MIT Sloan School of Management

Massachusetts Institute of Technology

Cambridge, Massachusetts

http://mitsloan.mit.edu

 

 

HINTS

 

Sloan wants to admit a class of innovators. What is most important is to convince the admissions committee that your career will involve having a great impact on your organization or industry, and that you have the creativity and courage to take it on great challenges. Sloan is ranked the #1 school for technology, operations management and quantitative analysis, so strong business analytical skills are expected, but communications ability is what distinguishes successful applicants.

 

FAMOUS ALUMNI SAMPLE

 

Kofi Annan, Secretary-General, United Nations

Carly Fiorina, former CEO, Hewlett-Packard Corporation

William Clay Ford, CEO, Ford Motor Company

Benjamin Netanyahu, former Prime Minister, Israel

John Reed, Chairman, New York Stock Exchange

 

ADMISSIONS STATISTICS

 

Application Rounds: 2

Class Size: 319

Applicants: 2,940

Waitlist Size: 208

Waitlist Acceptance Rate: 15%

 

FINANCIAL AID

 

Annual budget: $55,310

Guaranteed loans available for all students.

 

FURTHER INFORMATION

 

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/sloan.htm

 

Sloan MBA Admissions

http://mitsloan.mit.edu/mba

peach

Stanford Graduate School of Business

Stanford University

Stanford, California

http://www.gsb.stanford.edu

 

 

HINTS

 

With the highest average GMAT score in the world and the lowest acceptance rate, Stanford is the most difficult business school to gain admission into on the basis of numbers alone. That being said, they have a very diverse class mix and a balance curriculum that emphasizes both hard and soft skills. The key to admission is convincing the committee that you are bringing something unique to the class. While Stanford is not ranked #1 in any sub-specialty, it is strong in many areas.

 

FAMOUS ALUMNI SAMPLE

 

Steve Ballmer, CEO, Microsoft Corporation (dropped out after 1 year)

John Donahoe, former Worldwide Managing Director, Bain & Company

Philip Knight, CEO, Nike Corporation

Scott McNealy, CEO, Sun Microsystems

Charles Schwab, Chairman, Charles Schwab Corporation

 

ADMISSIONS STATISTICS

 

Application Rounds: 3

Class Size: 378

Applicants: 5,253

Waitlist Size: 243

Waitlist Acceptance Rate: 9%

 

FINANCIAL AID

 

Annual budget: $48,012

Guaranteed loans available for all students.

 

FURTHER INFORMATION

 

BusinessWeek Profile

http://www.businessweek.com/bschools/04/full_time_profiles/stanford.htm

 

Stanford MBA Admissions

http://www.gsb.stanford.edu/mba/