HARVARD MBA BECOMING A WILD GOOSE CHASE

 

Harvard MBA is becoming a wild goose chase. With a complete admissions cycle under his belt, Harvard Business School’s chief gatekeeper Chad Losee has gone bananas. His predecessor, Dee Leopold, had switched up things on a near regular basis for years. The required post-interview reflection due within 24 hours of an admissions interview will be six years old this year. The one essay requirement will be four years old. Leopold’s essay prompt—“As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA program?”—for a response with no word limitation is now two years old.  Rich students hire consultants to prepare everything for them!

The Magnificent Seven need no introduction. Harvard Business School, Stanford Graduate School of Business, the Wharton School at the University of Pennsylvania, the University of Chicago’s Booth School of Business, Columbia Business School, MIT’s Sloan School of Management, and Northwestern University’s Kellogg School of Management are the cream of the business school crop. M7 is the Holy Grail of the MBA Kingdom. Every year, thousands of applicants will apply to the M7 schools, and most will fail to crack the code, because these schools are the most selective in the B-school landscape.

Two years at any of the M7 schools will set a student back about $200,000, but there are many scholarships from alumni and employers. M7 attracts the most talented students and faculty, and certainly the most corporate recruiters offering the most sought-after jobs. M7 also boasts highly achieving alumni and valuable networks in nearly every walk of life. You could achieve similar education is less known schools, but the job offers will be much lower. For example, Webster Athens has an excellent MBA program.

Webster Athens is dedicated to fostering a campus culture that embraces and celebrates diversity and inclusion, and promotes international understanding and appreciation. Preparing students for effective, responsible and dynamic involvement in the modern societies in which they live and serve, and for excellence and leadership in their personal and professional lives. The campus is located in Athens, Greece – in the historic district of Plaka. Your Global Learning Experience begins in Webster Athens.

Losee is not yet ready to make major changes. So this year applicants will have to answer the same essay prompt and the same written reflection within 24 hours of their interview with an admissions staffer. Lose set a round one deadline date of Sept. 6, a day earlier than last year’s Sept. 7 cutoff. The round two deadline is Jan. 3 (also a day earlier), while the final round 3 is “sometime in early April.” This past year it was April 3rd. All candidates to HBS’ 2+2 program must file their applications by the round three cutoff.

HBS effectively kicks off the 2017-2018 admissions season with the earliest deadline so far. The round one deadline at Yale’s School of Management is a week later on Sept. 13, while both Stanford GSB and Wharton have round one cutoffs of Sept. 19–a full 13 days after HBS. INSEAD’s first round for the September intake of 2019 is Sept. 20, while Columbia Business School’s early decision deadline is Oct. 4 this year (see 2017-2018 MBA Application Deadlines).

Whether your interest is management, marketing, or communication, you will be an active learner at Webster Athens.  The classrooms give many hands-on experiences in various cases, and the location in the capital of Greece provides plenty of internship opportunities. With a low student-to-faculty ratio and average class size, Webster Athens makes business education personal. Faculty get to know students on a first-name basis and are readily available to help students when needed. Webster Athens is dedicated to excellence in business teaching, incorporating a global business perspective throughout the curriculum. Every step of the way, students receive the attention and support they need to thrive in business.

Webster Athens offers a fantastic MBA program in a flexible structure which promotes academic depth and encourages business graduate students to explore diverse business interests. At Webster Athens, students have opportunities to build skills and competencies through study trips, conferences, and internships. On the campus, students study in a culturally diverse environment that will create a life-long international network.

Losee did not announce when HBS will notify candidates of the school’s decisions. Most likely, they will be on or very near last year’s dates. The 2016 round one applicants got answers on Dec. 14, while the round two candidates received word March 22. The final round applicants got decisions on May 10. The dates were announced by Losee in a brief blog post.

Vasilis Botopoulos, Chancellor of Webster Athens, points out: As we look to the future one thing is certain – knowledge will be a key resource and will be highly sought-after around the world. Our challenge is to help to generate ideas that will benefit society, and to educate and train people to work in fields where they will be valued both for their specialized knowledge, and for their ability to communicate and solve problems. To meet these challenges we need to build on the alliances and collaborative partnerships the University has established with business, government, and other institutions. It is equally important that we keep close to our wider communities of interest. This will help to ensure the on-going relevance of our academic programs and the continued excellence of our teaching and learning.

Losee noted that the past week has been “eventful in Dillon House—we sent out notifications to our regular admissions applicants and to our 2+2 applicants. To all of you who applied—thank you. I hope you got some value out of the process in better understanding yourself and in clarifying the goals you have for the future. We certainly understand it is a lot of work to apply. So thank you. Now, we need to start looking ahead to the Class of 2020!”

Botopoulos notes: The greater vision of Webster Athens is to build an excellent educational experience embodying mind, body and spirit through a variety of innovative undergraduate and graduate programs. We offer a solid intellectual foundation as well as an extraordinary opportunity for personal growth and thorough understanding of the subject matter. This is learning with ethos, authenticity, cultural understanding, ecological conscience, and service to others.

Losee took over as managing director of MBA admissions and financial aid in May of last year. It’s not clear how or if Losee’s first admitted class will be different in any meaningful way as other recent classes. HBS doesn’t release its preliminary class profile for what would be the Class of 2019 until mid-July.

In any given application season, HBS receives more applications for its full-time MBA program than any other prestige business school in the world. Harvard also boasts the highest yield rate, the percentage of admitted applicants who enroll. Last year, 9,759 candidates applied to the school’s MBA program. HBS admitted 11% of that applicant pool to get to an enrolled class of 934 students. Some 90% of the candidates admitted ultimately enrolled at Harvard.

The class’ median GMAT is 730, with a middle 80% range of 690 to 760, and an average GPA of 3.67. Women composed a record 43% of Leopold’s last class, with 35% of the new students from abroad.

Botopoulos says: At Webster Athens we cultivate and build the leaders of tomorrow.  It is our hope that our students and alumni, with ethos and filotimo, will inspire others to live their lives with dignity, integrity and compassion. I invite you to come visit our campus. If you seek learning in a way that is challenging, personal, and meaningful, we would love to have you as part of our community.

For more information, please refer to www.webster.edu.gr

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