MBA Admissions Blog by ApexWriters

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

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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

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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.”

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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

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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!

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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.

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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

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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.

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NYU-Stern will begin accepting Graduate Record Exam (GRE) test scores from candidates applying to its full-time and Langone part-time MBA programs for fall 2010 admissions. Applicants will have an option of submitting either a GMAT or GRE score.

According to Anika Davis Pratt, Assistant Dean of MBA Admissions, this move ensures that they will receive more and more high quality applicants from all professional backgrounds. She says, “Now applicants weighing post-graduate program options won’t need to study for and take an additional exam, should they choose business school as their next step,”

Please find more details at NYU’s website

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Back in July 2008, the IMF projected a 3.9 percent growth in the world gross domestic product for 2009 – a prediction that had plunged to 1.3 percent retraction just nine months later.
Meanwhile, GMAT volume has risen—to a projected record of 265,000 for the testing year ending June 30, 2009, as US job losses have hit 6 million since December 2007. Chisholm showed how peaks in GMAT testing volume have corresponded with recessionary declines in US employment over the past three decades.

Click here to read the full article

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