Foster MBA Program #1 in Job Placement in the Northwest
If you want to ensure that you have a job after earning an MBA, then you ought to consider the full-time and Evening MBA programs at the University of Washington’s Foster School of Business. According to the most recent U.S. News & World Report release on the Best Business Schools, the Foster MBA program led the top 30 schools in job placement, ranking first in the Northwest region and 27th overall. And Foster’s Evening MBA program performed even better, ranking first in the Northwest and 18th overall. Continue reading…
Toronto Ranked Most Desirable City in the World for Students
When trying to decide where to go to school for your MBA, many factors come into play: the quality of the program, school rankings, research, faculty and academic quality, among others. But have you ever thought about its location? Maybe you should. According to the annual QS Best Student Cities ranking, Toronto is one of the best cities in the world for students, ranking 11th overall and first overall in the Most Desirable City category—reflecting its all-around high quality of life and status as an in-demand destination for students worldwide. Continue reading…
Chicago Booth Names Stanford GSB Professor as Its Next Dean
The path from the Stanford Graduate School of Business (GSB) to the University of Chicago Booth School of Business is becoming well worn, as Chicago Booth prepares to welcome its second consecutive dean from the Palo Alto campus. Madhav Rajan, who chairs the accounting department at Stanford GSB and served as Senior Associate Dean for academic affairs from 2010 to 2016, will take the helm at Booth on July 1, the school announced yesterday.
Sunil Kumar, who served as Chicago Booth’s dean from 2011 until leaving to become provost of Johns Hopkins University in July 2016, also came from Stanford, where spent 14 years, ultimately in the role of Senior Associate Dean. Since his departure, Douglas Skinner, also an accounting professor, has served as Interim Dean as Chicago Booth conducted a global search for a successor.
“We sought the most outstanding candidate whose values, ambition and abilities fully comport with the distinctiveness of Chicago Booth as one of methodological rigor in its research and education, and through that commitment one of high impact on the world,” President Robert J. Zimmer and Provost Daniel Diermeier said in a statement announcing Rajan’s appointment yesterday.
As Senior Associate Dean for academic affairs at Stanford GSB, Rajan led the school’s MBA program, including overseeing admissions, curriculum, the student experience and career management. While at the GSB, Rajan also launched new joint-degree programs with Stanford’s engineering school and led initiatives toward greater integration of the business school within the larger university.
He also served as boss to Derrick Bolton, Stanford’s long-serving Admissions Director. In an interview with Clear Admit in August 2016, Rajan shared that he had, in fact, pushed Bolton to pursue other opportunities, perhaps contributing to Bolton’s decision to leave the GSB this past September to head the recently launched Knight-Hennessey Scholars Program.
“I had been encouraging him to think about other things he could do because it is a difficult job and he has been doing it for 15 years,” Rajan told Clear Admit. “The way he does it, the intensity he brings to it, the effort level—I was amazed that he did it for as long as he did it.”
A Compassionate, Supportive Leader
Rajan’s comments to Clear Admit suggest that he is a compassionate, supportive leader who offers those who work for him the autonomy to chart their own course. Of Bolton he said, “There is literally nobody at the GSB who works harder than Derrick. The amount of time, love and dedication that he puts into admissions is amazing and beyond what anyone could be expected to do. That level of commitment I have never seen from anybody, frankly.”
Asked if Bolton’s replacement (who has yet to be named) might change the school’s enduring essay prompt, Rajan offered further insight into how he leads. “That will be completely up to the new admissions director,” he said. “We have very much a notion of empowering people in their roles here, and the person hired to manage admissions will have complete latitude to run things the way he or she sees fit.”
A Beloved Teacher and Respected Scholar
Rajan has also won accolades for his teaching. In 2000, the University of Pennsylvania’s Wharton School bestowed upon him the David W. Hauck Award, its undergraduate teaching award. He taught at Wharton before Stanford, from 1990 to 2000. Next month, he is also slated to receive the Robert T. Davis Award for lifetime service and achievement, the GSB’s highest faculty recognition.
Rajan holds a bachelor’s degree from the University of Madras in his native India, as well as two master’s degrees and a Ph.D. from Carnegie Mellon University. His research has focused primarily on analyzing management accounting issues through an economics lens, especially as they relate to the choice of internal control and performance systems in firms. Cost Accounting: A Managerial Emphasis, which he co-authored, is the leading cost accounting textbook used around the world. He also served as editor of the Accounting Review from 2002 to 2008.
Returning to a School on the Rise
Rajan is not a stranger to Chicago Booth, having served as a visiting professor in 2007-08. In a release announcing his appointment, he expressed his respect for the school and his excitement to return. “The values I have in research and education are deeply valued at Chicago Booth,” he said. “People come here to do rigorous, empirically based research and analysis, which provides the basis for a transformative student experience and an extremely effective MBA curriculum. We have an exciting opportunity to take Booth’s deep strengths and leverage them here and around the world. I am thrilled to have the chance to be dean at what is unquestionably the greatest academic business school.”
Chicago Booth has been something of a rising star among leading MBA programs over the past decade, threatening Wharton’s previously undisputed place alongside Stanford and Harvard Business School (HBS) as the best business schools in the world. The Economist has ranked Chicago Booth the number one business school for five years running, from 2012 to 2016. And in last year’s U.S. News & World Report ranking, Booth tied with Stanford for second, behind HBS and ahead of Wharton.
Chicago Booth’s upward trajectory began under Edward Snyder, who preceded Kumar as dean from 2001 to 2010. In that time, the school almost doubled its number of endowed professorships, more than tripled its scholarship assistance to students, moved to a new Hyde Park campus, expanded its presence in Singapore, established a new campus in London, successfully completed a capital campaign and more than doubled its endowment. Snyder also successfully courted an unprecedented $300 million naming gift from alumnus David Booth before leaving to lead the Yale School of Management. Kumar continued that momentum, helping raise more than $300 million, focusing on student recruitment—including increasing the female enrollment of full-time programs from 35 percent to 42 percent—and expanding courses for undergraduates. Now it’s Rajan’s turn to take the baton. It will be interesting to see what his leadership holds in store.
This article has been edited and republished with permissions from Clear Admit.
Top Healthcare Management MBAs in Dallas
With constantly expanding and growing businesses, the Dallas-Fort Worth metro has become one of the top growing job markets in the country. One of the reasons for such steady growth is the diversity in the Dallas market—a center of technology, finance and healthcare, among other industries, it doesn’t look like the jobs boom will come to an end any time soon.
Among the many growing industries in Dallas is health care, a field which added 5,600 new jobs just last year. Texas Health Resources, Inc. is one of the region’s largest employers, with more than 19,000 employees.
If you are considering pursuing an MBA in Healthcare Management, the incredible growth within the field in Dallas could mean endless opportunities for someone just starting their career.
Baylor University – Hankamer School of Business
The Hankamer School of Business at Baylor University offers a specialized MBA degree in Healthcare Administration, offered through the Robbins Institute for Health Policy and Leadership. The Healthcare Administration MBA focuses on both building general business skills and developing knowledge specific to the healthcare field, a combination that can be crucial for the multidisciplinary work of a healthcare administrator.
The MBA in Healthcare Administration at Baylor also requires students to participate in a seven-month paid Executive Residency with a leading progressive health organization. The residency program sets Hankamer’s MBA apart but many other healthcare programs, allowing students hands-on experience in a real healthcare environment before even earning their degree.
The Hankamer Healthcare Administration MBA was ranked 17th in U.S. News & World Report‘s 2016 graduate school ranking of healthcare management programs and is one of just 84 programs to receive national accreditation from CAHME.
University of Texas at Dallas – Naveen Jindal School of Management
At the Naveen Jindal School of Management, students have the unique opportunity to earn a dual MBA and MS degree. Students in any of the MBA programs at Jindal—full-time, Professional Evening Cohort, Executive MBA or Professional Flex and Online—are all eligible to apply for admittance to a joint program.
Through this program, students have the chance to simultaneously pursue their MBA and a Master of Science in Healthcare Management. The program combines the nationally recognized faculty at UT Dallas with highly experienced healthcare industry executives to educate and train new leaders within the industry. The program provides students with a foundation in business, exposure to healthcare management outside of the classroom and opportunities for professional development.
McCombs School of Business – University of Texas at Austin
Students earning a full-time MBA at the McCombs School of Business have the opportunity to concentrate their degree in Healthcare. With required classes such as Budget and Finance in Healthcare, Theories and Critical Issues in Public Health and Information Resources in Health Sciences, the program will help prepare students for careers in a variety of careers in the healthcare industry.
The MBA program at McCombs knows that today’s healthcare companies today are seeking competitive candidates who are not only solid in their business skill but also have an in-depth understanding of the contemporary issues, opportunities and challenges within the industry. The Healthcare Concentration gives students the chance to combine courses from different schools and disciplines within the university, as well as connect with Austin’s booming biotech industry.
Texas Christian University – Neeley School of Business
The Neeley School of Business at TCU offers a Health Care MBA, designed to give current and prospective health care professionals the knowledge and skills to approach the challenges of the industry.
The TCU Health Care MBA provides students with both an overall education in business as well as an in-depth health care focus, exposure to experts within the field, and an action-learning capstone project which allows students to bridge the gap between classroom knowledge and hands-on experience. By earning your MBA at Neeley, students will have access to the vast network of Neeley students, alumni and a faculty ranked second in the world by The Economist.
University of North Texas – College of Business
The UNT College of Business offers an MBA with a concentration in Health Services Management, through a partnership with the COB and UNT Health Science Center School of Public Health in Fort Worth. Through the program, students will learn to develop their business acumen and focus it towards healing.
With a wide array of health care services in the Dallas-Fort Worth region, students have the opportunity to pursue employment in a variety of settings, ranging from hospitals, surgical care centers, medical group practices, pharmaceutical firms and many more.
2 Toronto Schools Made The Economist Full-Time MBA Ranking
Three Canadian MBA programs made it onto the Economist full-time MBA ranking for 2016. And out of those three programs, two are Toronto Schools: the Schulich School of Business at York University and the Ivey Business School at Western University (ranking 56th and 59th respectively). Continue reading…
Tips for Creating the Best Admission Essay
Business school admissions offices look at more than just GMAT scores and transcripts when considering admission for students in MBA programs. The essay portion of the admissions process is also an important way to show why you belong in business school. The essay is a great way to show who you are as an individual and gives you the opportunity to stand out as an applicant. The Princeton Review says, “The essays are your best chance to sell the person behind the resume. They should tie all the pieces of your application together and create a comprehensive picture of who you are.”
Creating a great admission essay takes a lot more than discussing your positive qualities and why you believe you should be admitted to the school. Admissions staff want to make sure that you are a good fit for the school and for the program, so that you are able to succeed. Many admissions essays prompt you to answer a very broad questions such as, “describe a time when you tried to reach a goal that was challenging and frustrating.” Questions like this are really open to whatever experience that you have had.
