Stanford GSB | Ms. Sustainable Finance
GMAT Not yet taken- 730 (expected), GPA 3.0 (Equivalent of UK’s 2.1)
Kellogg | Ms. MBA For Social Impact
GMAT 720, GPA 3.9
Chicago Booth | Ms. Future CMO
GMAT Have Not Taken, GPA 2.99
Kellogg | Mr. CPA To MBA
GMAT Waived, GPA 3.2
Kenan-Flagler | Mr. Healthcare Provider
GMAT COVID19 Exemption, GPA 3.68
MIT Sloan | Ms. International Technologist
GMAT 740, GPA 3.5
UCLA Anderson | Ms. Art Historian
GRE 332, GPA 3.6
Georgetown McDonough | Mr. International Youngster
GMAT 720, GPA 3.55
Columbia | Mr. Chartered Accountant
GMAT 730, GPA 2.7
Harvard | Mr. Harvard Hopeful
GMAT 740, GPA 3.8
Yale | Mr. Philanthropy Chair
GMAT Awaiting Scores (expect 700-720), GPA 3.3
N U Singapore | Mr. Just And Right
GMAT 700, GPA 4.0
Columbia | Mr. Startup Musician
GRE Applying Without a Score, GPA First Class
Chicago Booth | Ms. Entrepreneur
GMAT 690, GPA 3.5
Columbia | Mr. MGMT Consulting
GMAT 700, GPA 3.56
Harvard | Mr. Google Tech
GMAT 770, GPA 2.2
Harvard | Mr. Spanish Army Officer
GMAT 710, GPA 3
Harvard | Mr. Future Family Legacy
GMAT Not Yet Taken (Expected 700-750), GPA 3.0
Wharton | Mr. Big 4
GMAT 770, GPA 8/10
Rice Jones | Mr. ToastMasters Treasurer
GMAT 730, GPA 3.7
Harvard | Mr. Public Health
GRE 312, GPA 3.3
Kellogg | Mr. Hopeful Admit
GMAT Waived, GPA 4.0
London Business School | Mr. Indian Mad Man
GMAT Have not taken yet, GPA 2.8
Kellogg | Mr. Operations Analyst
GMAT Waived, GPA 3.3
UCLA Anderson | Mr. Microsoft India
GMAT 780, GPA 7.14
Harvard | Mr. Belgium 2+2
GMAT 760, GPA 3.8
Kellogg | Mr. IDF Commander
GRE Waved, GPA 3.0

Olin Dean To Give Up Job In June

Mahendra Gupta

To that end, Olin has put more experiential learning into its MBA program, assembling teams of students to work on real challenges at for-profits, nonprofits, and startups. And the school has put far more emphasis on entrepreneurial thinking, adding more clinical professors with real-world experience in getting things done. Some students engage in consulting projects for resident entrepreneurs at T-Rex, a tech incubator in downtown St. Louis, to better understand the challenges of a startup and advise the new ventures on best-practice business strategies. Others take Olin’s Venture Consulting in Budapest elective for start-up consulting with a global flavor.

EXPECTATIONS REMAIN HIGH & ‘THE DEGREE CONTINUES TO OPEN MORE DOORS THAN NOT’

“In many ways, it’s a re-balance,” says Gupta. “If whatever you do can be done by a 25-year-old or a computer, you are setting yourself up to be obsolete. You have to change the game. That is what we are teaching our MBAs today. We have to give MBAs an entrepreneurial mindset, not just a set of tools.”

While he estimates the penetration of MBAs in white collar professional work to be less than 5%, it is more on the order of 25%+ among senior leadership. “We are building future leaders,” he says. “We are not building managers. In law, there is no expectation that every JD will become a partner of a top law firm and in accounting there is no expectation that every CPA will become a partner at a big accounting firm. But the MBA is different. None of us would admit we are working to put more MBAs into just the professional class. Instead, the expectation for an MBA is senior leadership, and the degree continues to open more doors than not. And MBAs tend to hire more MBAS because they value the training and the experience.”

As Gupta prepares to leave the deanship over the next five months, he worries, too, that schools are putting too much emphasis on GMAT scores and GPAs–largely because of rankings that include those metrics in their methodologies. “There is a race to higher GMATS and GPAs and it is now having a significant impact. It’s not that schools are rejecting applicants with lower scores. It’s that the high averages are discouraging students from applying. I worry that we are making ourselves unapproachable. The walls are getting taller and taller. I don’t find it a productive race because business leaders are not defined by their GMATs and GPAs.”

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.