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December 12, 2007
 

MBA Express


NEWS  THIS WEEK'S TOP STORY

Tuition: Earn More, Pay More?

Some public-college business majors pay more than their liberal arts peers. Schools claim the increases are necessary, but are they fair?



  MORE TOP STORIES
B-SCHOOL NEWS
Chinese B-Schools Lift their Game
As the schools' reputations improve, more local students are choosing to study at home rather than earn degrees abroad

B-SCHOOL NEWS
Turning Business Education on its Head
How Anne Kirah and the 180°academy are promoting creative thinking in business leadersâ?"to ensure that Denmark's economy stays competitive

VIDEO VIEWS
MIT's New Dean
Dean David Schmittlein talks to BW's Alison Damast about his vision for Sloan School of Management. His agenda includes raising the visibility of Sloan's research and

MBA JOURNAL: FIRST SEMESTER UPDATE
Darden's Demanding, Fulfilling Schedule
The school makes no excuse for its rigorous reputation. Students quickly learn how to work in teams and squeeze in meals, even pizza in a cup

MBA JOURNAL: FIRST SEMESTER UPDATE
Setting Priorities
"The vast majority of MBA students have high expectations of themselves, and it is almost guaranteed that those attending top-tier schools are accustomed to being the best"

MBA INSIDER: ADMISSIONS Q&A SAMPLE
Penn State Seeks 'Leadership' and 'Focus'
The Smeal College of Business pursues a diverse class whose goals track with the school's vision and values, says admissions chief Carrie Marcinkevage

MBA INSIDER: ADMISSIONS Q&A SAMPLE
UCLA: Looking for Leadership
High on the list of qualities UCLA's MBA program seeks is evidence of past leadership and future potential, says admissions director Lydia Heyman

 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: Emory Applicants

From: dvasht
To: ALL

Any international applicant got an interview invitation for the first round?
------------
From: vickyteke
To: dvasht

Not received yet. Do you know anyone who received an interview call?

Regards
Vikrant
------------
From: dvasht
To: vickyteke

Nothing... All I know is that they got my documents - but nothing. This is strange since they do not have much time. Where u from?
------------
From: vickyteke
To: dvasht

I am from Pune, India. The wait has been quite long for the interview. I had mailed them asking about scheduling an interview but they said that they will be sending out the invites. Let's hope for the best. ATB.
------------
From: himanshutyagi124
To: vickyteke

To: Hi Vickey,

I will be applying to Emory in Dec. round. However, my interview is already done. In fact they interviewed few many during the trip for MBA tour. They interviewed candidates in Hyd, Banglore, and Delhi. I had an interview on Dec. 3 with Harriet.

Please check with Emory because Emory gave the interview call without the essay and submission.
----------------------------------------------------------


Executive MBA Programs: Cornell EMBA Program

From: embadallas13
To: All

I was looking to the Cornell EMBA weekend NYC program. I was interested in knowing what the reputation of the program was, additionally how hard it was to get in etc.? Appreciate your time in advance.
------------
From: hsd
To: embadallas13

I applied to several programs, including Cornell. I was accepted there. Re reputation of their EMBA program, I think that is somewhat subjective, e.g., you can check all the various rankings. From my perspective, the faculty is top-notch and the facilities look great (most NYC EMBA programs don't have a live-in component, for example). Plus, I think the Ivy League aspect helps out while networking since it means the quantity and quality of the alumni base is not necessarily tied to just the business school, but the university overall.

Re the application process, I found the application to be straightforward and the interview was similar to those at other schools. The only thing I'd add is that the number of applicants seems to be rising every year as Cornell's program gets greater exposure (it is fairly younger than comparable programs). So consider attending an information session (I attended the one in NYC) and, if he program truly appeals to you, apply early enough in the admissions cycle.
------------
From: dm22
To: hsd

Do they require the GMAT or do they use their own test? I am a little confused on this one.
------------
From: hsd
To: dm22

Cornell's NY EMBA program didn't require the GMAT. I believe the Cornell-Queens EMBA program requires applicants use a similar assessment tool - called the Cornell MBA Assessment Tool (CMAT) - if your background warrants it and you have not taken the GMAT. However, it was never brought up during my application for the NY program and I am not sure that program still uses it. In any event, if you have a good background, you should be able to apply to the NY program without having to take the GMAT.
------------
From: Jamie
To: All

How does this program compare to the other NY programs?

 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:

Meditating on Turkey Day...
By CIMBA MBA
Comments: 0 Stars: 0


So time has been flying... Thanksgiving has already come and gone and our holiday break is almost here. I've got to say Thanksgiving was not how the Americans pictured it. We were thinking about football and sleep, but we got some much more. First, we did get to at least watch some football but that's about where normal stopped.

We were very lucky to have a well respected neuroscience leader and researcher into to teach us some very valuable tools over four days. These tools were strongly suggested to the program over the past years by the alumni boost performance. After reviewing the neuroscientific, medical, and psychological research, CIMBA actively sought a tool and were very fortunate to find Dr. Tang and to convince him to teach us. What we learn was Integrated Body/Mind Training. It is a unique set of tools and technique to reduce stress and improve one's ability to focus. Eventually with practice our brains will changed physically hardwiring these improvement into our neurology.

So after a day of mediating we had our formal Thanksgiving dinner on campus. It was very nice to be able to share the American tradition with the group here. It was also interesting to see the Italian spin on the Thanksgiving Day staples. I've got to admit they do a great stuffing and their substitute for sweet potatoes was delicious also.

The biggest treat for me was having my fiancé in for a few days. I was busy with class most of the time, but she really enjoyed Asolo and getting out and touring the neighboring towns of Castelfranco and Bassano Del Grappa. It was great to be able to share this with her, it's not every day for her to look out a window from atop the Asolo over looking the Italian countryside at the foot of the Dolomites. It's a view I hope to never take for granted.

I think the view may have had a big part in me coming here. I was a part of the undergrad program here four years ago in Paderno Del Gappa (just a few kilometers away). I had the opportunity to tour the campus here and left with an incredible sense of envy. Here we get real world class professors, an incredible curriculum, and one amazing setting. The unfortunate part is we only have 10 months to enjoy it...
FOR THE FULL VERSION


 WORDS OF WISDOM
MBAs discuss the perks associated with their degrees
-------------------------------------------

Thunderbird has a worldwide network of alumni that is very tight...one of the best networks I've ever seen. There are monthly social gatherings every first Tuesday in virtually every major city on the p***t. Business contacts and information can be sourced through the alumni network.
-Thunderbird '93; Marketing Executive

The alumni of Tuck no matter who they are are willing to talk to you and give you opportunities they may not afford others.
-Tuck '98; Entrepreneur

Certain firms use MBA programs as an initial screen in their hiring process. By attending a top MBA program, you can gain access to job interviews that would otherwise be virtually inaccessible.
-Chicago '99; Equity Research

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  B-School Insider
Dear Reader:

As a graduate of a public college, I have long appreciated the democratic nature of public education. So it's an interesting question that this week's lead story, "Tuition, Earn More, Pay More" asks - should some undergraduate disciplines, particularly business education, charge higher tuition for their students, who, presumably, will graduate to higher-paying jobs than, say, philosophy majors.

There are good arguments for so-called "diffential tuition." Besides the fact that business majors tend to earn more than liberal arts majors upon graduation, hiring and retaining business faculty is becoming an increasingly costly proposition. And it's in the long-term interest of business majors for their programs to hire the best teachers they can afford. Plus, the premiums being charged are relatively modest.

On the other hand, as one reader wrote in, "This tuition policy seems to go against the idea of equality in treatment of students." There is merit in the argument that in the free marketplace of ideas a course in art history should be valued the same as a course in marketing. Plus, given the mercurial interests of the current generation of students, it's not impossible that the art history major will end up heading a major company, while the marketing major plies her skills at a not-for-profit.

One solution, of course, is increased government support of public universities. Then the surcharges wouldn't be needed.

Until next week,
Phil Mintz
B-Schools Channel Editor


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  FEATURED SPECIAL REPORT >>

How to
Polish Your Presentations

Six Keys to Commanding Body Language Six Keys to Commanding Body Language

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The 10 Worst Presentation Habits The 10 Worst Presentation Habits

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The Great Communicators The Great Communicators

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Dress the Part of a Leader Dress the Part of a Leader

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The Great Communicators The Six Types of Salespeople

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Fit to Be a Leader

Can a rigorous workout routine help your professional communication skills? It works for politicians and executives; it can work for you

How To Wow 'Em Like Steve Jobs

The Apple CEO is well known for his electrifying presentations. Here are five tips to make your next talk just as mesmerizing -- or close

You: The Brand

A successful pitch exudes confidence, competence, and passion -- whether you're a homebuilder or a politician

How to Understand Your Sales Force

Great sellers are a breed apart. You'll need to study, and manage, their peculiarities to keep sales strong and your workplace healthy


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