Kenan-Flagler | Mr. Engineer In The Military
GRE 310, GPA 3.9
Wharton | Mr. Renewable Energy Consultant
GRE 320, GPA 3.3
Duke Fuqua | Ms. Health Care Executive
GMAT 690, GPA 3.3
Columbia | Mr. Government Shipyard
GMAT 660, GPA 3.85
Stanford GSB | Mr. Entrepreneurial Writer
GMAT 700, GPA 3.8
Tepper | Mr. Technology & Community
GMAT 650 Practice Test, GPA 3.05
Cambridge Judge Business School | Ms. Story-Teller To Data-Cruncher
GMAT 700 (anticipated), GPA 3.5 (converted from Australia)
UCLA Anderson | Ms. Apparel Entrepreneur
GMAT 690, GPA 3.2
Duke Fuqua | Mr. Backyard Homesteader
GRE 327, GPA 3.90
Kellogg | Mr. Military In Silicon Valley
GMAT 720, GPA 3.0
INSEAD | Mr. Typical Indian ENG
GRE 322, GPA 8.8/10
Wharton | Mr. Chemical Engineering Dad
GMAT 710, GPA 3.50
Cornell Johnson | Mr. Long-Term Vision
GMAT 710, GPA 3.28
Yale | Mr. Hedge Fund To FinTech
GMAT 740, GPA 61.5
Cornell Johnson | Ms. Chef Instructor
GMAT 760, GPA 3.3
Cornell Johnson | Mr. Electric Vehicles Product Strategist
GRE 331, GPA 3.8
Ross | Ms. Packaging Manager
GMAT 730, GPA 3.47
Stanford GSB | Ms. Healthcare Operations To General Management
GRE 700, GPA 7.3
Tuck | Ms. Women-Focused Ventures
GRE 321, GPA 2.89
Cornell Johnson | Ms. Healthcare Worker
GMAT 670, GPA 4
Harvard | Mr. French Economist
GMAT 710, GPA 15.3/20 in the French grading system 3.75-4.0/4.0 after conversion
Stanford GSB | Ms. Independent Consultant
GMAT 750, GPA 3.5
Berkeley Haas | Mr. Bangladeshi Data Scientist
GMAT 760, GPA 3.33
Stanford GSB | Ms. 2+2 Tech Girl
GRE 333, GPA 3.95
Ross | Mr. Automotive Compliance Professional
GMAT 710, GPA 3.7
Wharton | Mr. Digi-Transformer
GMAT 680, GPA 4
Chicago Booth | Ms. CS Engineer To Consultant
GMAT 720, GPA 3.31

Several B-Schools Freeze MBA Tuition

Maryland's Smith School of Business is ranked 36th among the top 100 U.S. business schools by Poets&Quants.

Maryland’s Smith School of Business

Maryland Freezes B-School Tuition. A Trend…Or An Anomaly?

 

“These are the best of times.”

Well, that’s the tune many business school deans are singing. After gutting out years of declining enrollments, many leading programs have seen a surge in applications. In May, Poets and Quants reported that schools like Darden, Booth, and Ross had seen applications rise from 7 to 12 percent. B-schools were rebounding. With more applicants, schools could be more selective – and charge higher tuition too.

Of course, some schools have bucked this logic. And that includes Top 25 schools like the University of Maryland’s Robert H. Smith School of Business. This week, the university announced that annual tuition would remain the same for the third consecutive year. That’s right: in-state and out-of-state students would continue to pay $38,475 and $45,765, respectively. This defies the national trend, where full-time tuition for North American MBA programs has risen 33 percent from 2007 to 2012, according to AACSB International, which accredits business schools. So how is the University of Maryland able to afford this?

According to Michael O. Ball, interim dean of the Smith School of Business, the school is committed to keeping tuition steady. Dean Ball cited a state-mandated freeze on merit increases – coupled with the university’s decision to shy away from high paid academic stars – as two factors keeping tuition down. He added that other Master’s programs have grown enough to help offset increasing costs.

And the University of Maryland isn’t alone in holding down tuition. UCLA Anderson and UC-Berkeley Haas business schools have also frozen tuition for 2013-2014. Despite that, tuitions are likely to rise. Dean Ball notes that the freeze on merit increases will be lifted in 2014, which will likely increase tuition. In the meantime, University of Maryland students can smile knowing they saved over $2000 a year on tuition. Consider it a jump start on their first venture.

Sources: The University of Maryland, Bloomberg Businessweek 

student-internet-cafe

Are MOOCs The Beginning of the End For B-Schools?

 

And you thought rising tuitions, entrepreneurial worship, and an economic collapse would be the death knell for business schools? Now, there is a new threat that will supposedly create the tipping point: Massive open online courses (MOOCs).

MOOCs are the shiny new thing in education, capable of bringing together thousands of students worldwide. But can their promise overcome online educational challenges? This week, Bloomberg Businessweek interviewed Michael Lenox, a Darden professor on the front lines of the MOOC debate. This spring, Lenox taught an online Foundations of Business Strategy course to 90,000 students in 180 countries. And he’s teaching it again this fall! So what did Lenox learn from his experience?

MOOCs certainly have their advantages. According to Lenox, MOOCs are an ideal way to distribute information to a large number of students. His course drew a variety of students, ranging from a 12 year-old entrepreneur to analysts from a management consulting firm. While online courses are sometimes criticized for lacking face-to-face interaction and debate, Lenox’s course spawned 50 study groups that regularly met.

Unfortunately, many students didn’t finish the course. In fact, only 7 or 8 percent of his students completed a strategic analysis of a company at the end of the course. Since Lenox couldn’t possibly assess thousands of assignment, he relied on peer evaluations, which created tension among his students. While some students met in online and in-person groups, Lenox noted that his course lacked the “back and forth you get in person.”

So what is Lenox’s verdict on MOOCs? He doubts they will make much money for schools. And he doesn’t see them as a threat to top tier schools. However, he believes they can be beneficial to schools if used as a “specialized niche catering to a particular set of students with a unique set of offerings.”

Source: Bloomberg Businessweek

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