Senior executives looking to add to their perspective and leadership skills, now, have an opportunity at the Indian School of Business. “We are launching the executive MBA (EMBA) for senior executives with 10 to 25 years of experience. The course will be world class and the fee is Rs.2.5 million plus travel expenses,” Ajit Rangnekar, dean of the Hyderabad-based ISB announced here Thursday. The course has been designed for executives with average work experience of 15 years.

Announcing the program, Ajit Rangnekar, Dean, ISB said, “Eight years after the successful launch of the one-year programme, the ISB is now launching PGPMAX, a post graduate program for senior industry executives. Consistent feedback from industry leaders over the years revealed the need for developing a leadership pipeline, and this has been the driving force for us to create this ambitious program. I am confident that PGPMAX too will break new ground in management education in India.”

The classes will be held for six days every one and half months. Thus, this part-time EMBA will spread over a period of 15 months. Rangnekar claimed the course is first of its kind in the country. During the course, students will spend one week each in the campus of Wharton School of the University of Pennsylvania and Kellogg School of Management.

Sanjay Singh, head of this EMBA program, said they are looking for a batch of 60 students from the coming academic session. “The batch size will be 60. We are also open to foreigners joining the course.”

Complete article at ISB Website

Harvard Business School Dean Jay O. Light, 68, the ninth person to serve as the school’s dean since its founding in 1908, is stepping down after serving in a number of positions for 40 years, the school in Boston said in a statement. Light was named interim dean in August 2005 when Dean Kim Clark left the post to join Brigham Young University-Idaho. Light was made the permanent dean in April 2006.

Light said he did not intend to pursue other full-time employment after his departure but planned to write and spend more time sailing. The school will start the search for new dean, said the school officials. OK

On November 12th, Warren Buffett and Bill Gates will appear together in a special hour-long community forum at Columbia Business School. This is a town hall event called “Warren Buffett and Bill Gates: Keeping America Great”. During the event, these icons will answer student questions about the economy, the future of capitalism and corporate social responsibility.
Gates says: “I’ve enjoyed my past visits to Columbia, but know this one will be particularly fun as Warren and I get to spend time at his Alma Mater with students from the Business School.”

Babson College – The school highly ranked for Entrepreneurship, will now teach at San Fransisco. Babson College’s Fast Track MBA, an MBA program for Executives, will begin in California in March. The program will have 18 face-to-face meetings, about every six weeks at UCSF.

Program Highlights:

• Fast Track Kick-off Residency (on Babson Campus): A five-day program introduction, focusing on creativity, innovation, and teamwork
• Building Business Insight: Eight, 1.5-credit courses that cover business foundations
• Advanced Business Leadership: An integrated and applied holistic management perspective
• Electives: Deep exploration into general business management areas
• Capstone Project: Work-related or company-sponsored real-world application of knowledge gained throughout the MBA experience

The San Francisco program will be Babson’s third Fast Track MBA. It already runs a Fast Track program in Oregon, as well as in Boston.

Reference Source – Babson Website

ISB has started emailing the shortlisted applicants from round-1. As always, they will email in phases and give about a week to prepare for the interviews. Good luck to all of you who are waiting.

Congratulations to all the applicants who have received the interview calls. All the best!

ISB and the Net Impact Club in partnership with the Give India Foundation launched the the ‘Shadow A CEO‘ program to auction a day with top Indian CEOs. As a as a part of the ‘Joy of Giving Week’ (27th September – 3rd October ‘09), the amount raised through this auction will be given to an NGO of the CEO’s choice.

The bidding process was conducted between the 21st and  23rd September 2009 and a total of 1,196 students placed their bids for the ‘Shadow a CEO’ program. Amongst the 26 business leaders who participated in the ‘Shadow a CEO’, the highest bid amount was for Mr N R Narayana Murthy.

Women are good administrators and companies like Yahoo, PepsiCo, ICICI and others have recognized the fact. Today, women manage diverse businesses and are quickly climbing the corporate ladder. Number of women role models is increasing and so is the desire to formally understand the fundamentals and enroll for a business degrees.

Among the top US schools, Wharton has managed to attract the maximum female population of whooping 40%. This is a 4% jump from its last year’s enrollment. Schools like Stanford, Kellogg, Harvard, Columbai also have 33% to 37% female students.

Wharton has taken special steps to attract more female population – some initiatives are admissions presentations specifically targeted at women, developing a relationship with undergraduate organizations like Wharton Women and Harvard Undergraduate Women in Business and facilitating women involvement by Wharton Women in Business, career fairs and coffee chats.

Source – Class profiles (2011) of Harvard, Wharton, Kellogg and Columbia

Female_MBA_Enrollments

Another innovation at ISB, this time an initiative called ’shadow a CEO’. Each student can bid for a CEO of his choice. If the bid is successful, the student gets to spend a day with his favorite CEO.

Between September 21 and 23, the Indian School of Business (ISB) will allow its students to bid in an online auction for their dream CEOs. This opportunity not only connects students and the CEOs but also brings shows corporate India’s  social initiatives. The funds generated from the auction go to a charity of CEOs’ choice.  All students can participate in this initiative. Top three bidders for each CEO will be short-listed and required to produce a letter of intent for meeting the particular CEO. ISB will decide about the most deserving student. Students with unsuccessful bids,  will get their money back. “The initiative has been designed by the students themselves to combine a business goal and a social cause. It allows students to understand the importance of doing business that not only helps an individual but society as well,” ISB Dean Ajit Rangnekar told Times of India.

According to Rangnekar, around 20 CEOs have confirmed and they expect to reach 10 more. The CEOs confirmed so far include: N R Narayana Murthy,  Kumar Mangalam Birla, Kiran Mazumdar Shaw, K V Kamath, Adi Godrej, Deepak Parekh, Pramath Sinha, G V Prasad, Rakesh Mittal, N Prasad, Srini Raju, Ajay Piramal, Varun Shahani, Syam Prasad Reddy, Amit Chandra and Vijay Mahajan.

Global Student Loan Corporation (GSLC) and HSBC have partnered to provide Indian applicants a seamless experience.

Now, admitted Indian applicants can avail study loans without a US cosigner. All full-time and part-time students admitted from India, can borrow up to $50,000 per loan period (every two consecutive semesters enrolled) to pay for their tuition, home rent, books and equipments.  Indian applicants do not need to have a U.S. cosigner; however, a credit-worthy cosigner from India would be required. Re-payment period will be up to 15 years after you complete your MBA.

Please find more details at Official Tepper website

Different business schools have different opinions about the importance of essays in the admission process. Some schools say that personal records speak louder than the words and others feel that essays are the heart and soul of your application. Getting into a top business school entails much more than having a GMAT score and an undergraduate academic record. Even with years of professional work experience in your resume, you may still fail to capture the attention of the admission committee.

Writing a B-school essay is neither about being the best English writer nor about being able to showcase your work experience in 500 words. It is a unique blend of strategic thinking and ordinary English skills. Applicants should carefully bear on certain crucial points while drafting their application essays, which can help make their profile impressive. Here are some pointers that you can keep in mind while writing the essays:

• Start with strong introspection and analysis; you will never be short of experiences and stories. Think harder about your career goals and why do you want to do an MBA now
• Keep up your thinking cap and start this process well in advance and do not do a hurried job just before the deadline
• Understand the question; do not beat around the bush and be direct while handling the responses
• Do your home work; and let the school know that you have gone beyond the website to know about their community and school. Do not parrot out whatever is written in the public domain, while answering school specific questions. Understand school’s mission or vision and interact with students
• Mention specific examples where possible; it gives authenticity to the claims that you make in your essays
• Tell your story honestly and reveal enough about yourself
• Do not leave anything for the admission committee to guess, revisit your essays for clarity
• Do not try to be funny when you are not; humor is good but do not try too hard to introduce humor
• Take the advantage of the additional essay and use that space to highlight the aspects of your personality which have not been covered anywhere else. Here, you can address some obvious weakness like low grades or gap in employment
• Do not bank on your writing skills only, ask your friends or mentor to give you a second feedback but do not lose your voice while revising the essays
• Finally, proofread your essays and close your essays in prescribed word limit. Do not take totally unnecessary risk of exceeding the word limit by 10-20 words. If you can write in 530 words, you can surely wrap up in 500 too