Sawyer Announces High School Summer Program, US News Rankings and More – Boston News
Let’s explore some of the most interesting stories that have emerged from Boston business schools this week.
New Summer Program for High School Juniors and Seniors – Sawyer Business Blog
The Suffolk University Sawyer Business School recently announced the launch of its Stepping Stone program, which gives 11th and 12th-graders the opportunity to study with faculty, work in Sawyer’s Trading Room, Center for Entrepreneurship, or Innovation Lab, work on projects or visits to companies.
Sawyer’s director of honors programs Kim Larkin writes:
“This is a great opportunity for high school students to study at one of the area’s top business schools. Whether they’re interested in finance, international business, leadership, sports marketing, or entrepreneurship, students will discover the program is a great first step into the world of business and a wonderful way to experience campus life before they go to college.”
The program is slated to run July 9-20, 2018.
Learn more about the program here.
MIT Sloan Tops U.S. News List for Production/Operations, Information Systems – MIT Sloan Newsroom
The MIT Sloan School of Management revealed its impressive showings in last week’s U.S. News & World Report 2019 graduate school rankings. The school, which made its usual top five appearance among full-time MBA programs, came out on top in the production/operations and information systems MBA specialties.
MIT Sloan maintained its “respective second and third place rankings for supply chain/logistics and entrepreneurship specialties.” In addition, Sloan boasted an outstanding average starting salary of $148,000 for its 2017 MBA class, as well as one of the highest post-graduation employment rates at over 84 percent.
Read more about Sloan’s U.S. News accolades here.
Carroll School Surges to #25 in New Part-Time MBA Rankings – Carroll School of Management Blog
It was clearly a good week for Boston MBAs in the rankings last week as U.S. News & World Report ranked BC’s Carroll School of Management’s part-time MBA 25th—an unprecedented 21-spot climb from last year—and 48th on the full-time MBA list.
Andy Boynton, the John and Linda Powers Family Dean at Carroll, explains that the school’s online course offerings and “increased focus on part-time MBA students has led to substantial curricular changes, including a stronger emphasis on skills such as data analytics, which are heavily in demand by employers. We’re building a program around the needs of these students, with much greater flexibility in our offerings.”
Learn more about Carroll’s part-time MBA here.
Penn State BOSS Program Honors A Decade of Promoting Diversity
Penn State’s Smeal College of Business recently celebrated the ten year anniversary of its BOSS program. BOSS (Business Opportunities Summer Session), organized by the Smeal College of Business Office of Diversity Enhancement Programs, lasts two weeks each summer, and is specifically designed for business-minded high schoolers from underrepresented populations to gain exposure to college life.
Jamie Campbell, Assistant Dean for Diversity Enhancement Programs, said, “BOSS is designed to show students that no matter your color, creed, or socio-eceonomic background, there is a support system at Smeal that will enable a student to reach their very best.” Campbell went on to say that, “During these two weeks, students are given a crash course on what it means to be a Smeal student. BOSS engages the cohort in everything from accounting to the Smeal honor code.”
According to Campbell, industries and schools are coming around to the fact that having including people from diverse backgrounds and perspectives is essential to success in business. Students in the program have the chance to take college prep courses, taught by Penn State faculty, that help them gain an understanding of fundamental business principles. Participants spend the two weeks living on Penn State’s University Park campus located in Happy Valley.
Over the past decade, the BOSS program has inspired many successful students. Close to 200 students have attended the program, and over 60 percent of which have gone on to apply to Penn State. Of the BOSS graduates who have applied to Penn State, 91 percent have been accepted.
Diag Davenport, one of the program’s earliest participants spoke highly of his time there, saying, “I left Penn State fully energized to study business and I was certain that Smeal was the right place for me to do so. I saw that BOSS was the bridge between my ambition to succeed and the opportunity to make it happen.”
Metro News & Notes: Stanford Wants You in the Midwest, MBA Essays and More
Good morning and happy Friday!
Here are a few stories you may have missed from the week that was …
Stanford Will Pay MBAs $160,000 to Work in the U.S. Midwest | CNBC
Earlier this week, the Stanford Graduates School of Business announced three winners of its first-ever Stanford USA MBA Fellowship, which will reportedly pay each student upwards of $160,000 for two years of tuition. CNBC writer Catherine Clifford explains:
“To be eligible for the scholarship, you have to have a connection to the Midwest. You can be a current resident of a Midwestern state, which Stanford defines as Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota or Wisconsin. Alternatively, you could have lived for three consecutive years in one of those states, have graduated high school in one of those states or have ‘experiences that demonstrate a strong commitment to, and interest in, the development of the region.'”
There is a stipulation with the lucrative scholarship, however. Those students must agree to work in the Midwest within two years of graduation. Clifford notes that by the times grads have been out of Stanford GSB for four years, at least two of those years will have to have been working in the Midwest.
“The winners of the first Stanford USA MBA Fellowship are Adam Verhasselt, Amanda Donohue-Hansen and Taylor Seabaugh,” Clifford writes. “Verhasselt was raised on a dairy farm owned by his family in Wisconsin and is the first in his family to graduate from college. Donohue-Hansen is from California but graduated from University of Minnesota and lived and work there for 10 years. Seabaugh grew up in St. Louis, Missouri, and returned after graduating from college to work at 3M and volunteer at local public schools.”
Read more about the Stanford USA MBA Fellowship here.
High School Students Dream Big – with Help of MBA Mentors | The Globe & Mail
Three Toronto metro high school students recently earned some valuable hands-on help from second-year Schulich School of Business MBA candidate Cortney Mills. The partnership came to fruition from the semester-long case competition Summit Leaders, founded last year by MBA students from the Rotman School of Management at the University of Toronto, writes the Globe & Mail. The goal of the nonprofit summit is to help underprivileged high schoolers from the community, giving them in-person lessons about business and entrepreneurship.
“’A lot of students don’t realize this [business] is an avenue they can take and they are often the brightest people,’ says David St. Bernard, a Co-Founder of Summit Leaders who graduated this spring with combined degrees in business and law at U of T.”
“’Sometimes they need that little push,’ he says of the younger students in the program. ‘Our idea is to give them the avenue to open up their ideas and create more connections within the community.’ Students do not have to choose a business career, he adds, ‘but at least we give them the opportunity to choose.’”
Find out more about the Summit Leaders nonprofit program here.
Your MBA Application Essay Mastered | Financial Times
Admissions teams know that essays are where students have to individually shine. Work experience, grades and GMAT score tell a lot about a student, of course, but the essay is a chance for them to stick out beyond traditional parameters.
In a recent piece with the Financial Times, Yuan Ding, Dean of the China Europe International Business School, says, “[The essay] is where we learn about applicants’ career aspiration, understanding of China, and writing skills.”
Rob Weiler, UCLA Anderson School of Management MBA Program Associate Dean, also notes how students need to be pretty concise with their words. “If an applicant attempts to add too much supplemental information, chances are they are trying too hard,” he says in the piece. Applicants to the UCLA Anderson MBA program all have a 500-world limit on their essays.
In contrast, institutions like the IESE Business School in Spain do not limit applicants to any standards on essays, offering immensely flexible entry capabilities. Dean Franz Heukamp says, “The ones that grab our attention do so not because they say something we have never heard before, are wild or outrageous. What makes a cover letter special is when it is very clear that the candidate knows what he or she wants to achieve professionally.”
Read more about what school’s may or may not expect from your application essay here.
Loyola Marymount Organizes Financial Literacy Boot Camp
Loyola Marymount University’s Fred Kiesner Center for Entrepreneurship organized a Financial Literacy Boot Camp that ran from June 15 to June 18, according to a press release from the school. The program was created as part of the Save It Forward Initiative, a new program being led and funded by Paul Orfalea, Kinko’s founder and part-time faculty member at Loyola Marymount. The program recruited 13 local high school students to participate in the rigorous four-day session to learn the fundamentals of setting financial goals, saving, budgeting, investing, college’s benefits, buying a car, the stock market, and communicating in a professional environment. Continue reading…
Rice Begins Summer Business Program for High School Students
Rice University Jones Graduate School of Business began their Rice Summer Business Institute (RSBI), a summer program that aims to introduce ambitious high school students to the world of business. Continue reading…
