Stanford GSB Tops Remodeled Bloomberg Businessweek Ranking
The Stanford Graduate School of Business is no stranger to a top spot, but this is their first time claiming top honors on the Bloomberg Businessweek Best B-School list for U.S. programs.
Just How Did USC Marshall’s MBA Program Attain Long-Elusive Gender Parity?
This fall, USC Marshall became the first top-tier MBA program to reach gender parity. The incoming full-time MBA Class of 2020 has as many women as men—actually a few more—52 percent. This notable achievement is a massive 20-point percentage leap from last year when women made up just 32 percent of the incoming class.
“We are proud to achieve this distinction,” Dean James G. Ellis said in a press release. “Our ongoing focus on diversity and inclusion is playing out in real numbers now. This is only the start.”
Gender Parity in Business School
While many other top schools have been working to reach gender parity over the last few years, they’ve thus far fallen short of the 50-50 mark. According to a 2017 report by the Forté Foundation and the Graduate Management Admission Council (GMAC), the average enrollment of women in full-time MBA programs at 36 business schools is 37.8 percent. That’s an improvement of less than one percent from 2016, when it was 37.1 percent, and only a few percentage points up from 2013, when it was 34 percent.
Several other leading schools have hovered in the low 40s in recent years—including Michigan Ross (43 percent), Yale School of Management (43 percent), Dartmouth Tuck (44 percent), and the University of Pennsylvania’s Wharton School (44 percent). And Northwestern’s Kellogg School of Management recently announced that its incoming Class of 2020 is 46 percent women, a record for the school. These figures all make USC Marshall’s achievement even more impressive, though it’s also a statement on women in business.
In general, women earn 60 percent of graduate degrees and fill up more than 50 percent of graduate classes, even those in male-dominated professions such as law and medicine. MBA programs, though, have lagged stubbornly behind, which many believe to be the result of a combination of factors. Some of these include the timing of business school, which is later than law or medical school because of the required prior work experience; the return on investment, and the fact that men with an MBA out-earn their female counterparts throughout their careers.
Still, there have been strides forward. Just five years ago, only three of the top 25 schools enrolled more than 40 percent women in their MBA programs. Last year, nearly half had reached that mark. Some schools have yet to release class profile information for the current incoming class, so it remains to be seen how this year compares to last. Regardless, USC Marshall reaching the 50-percent mark is a standout achievement, particularly since it hadn’t even broken 40 percent before this year.
“I’m super thankful and proud to be here at this particular point in time,” Gabriela Omenn (2020) said. “One of my key interests beyond business school is to elevate women and get them into positions of power, so it’s directly aligned with where I want to go in my career. It feels really amazing to be among such a high class of students, and I believe it’s going to be something that pays off in dividends after school is done.”
USC Marshall MBA Class of 2020, More Than Half Women
To get an idea about how USC Marshall became the first top business school to break through the gender parity barrier, we talked to Evan Bouffides, assistant dean and director of MBA admissions.
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Recruiting Efforts Were Strong
According to Bouffides, this past year was a solid one for recruiting at USC Marshall across the board, with improved outreach to all prospective applicants, women included. But Marshall did place a concerted effort on reaching women applicants specifically, he said. These targeted outreach efforts included participation in Forté Foundation events (Marshall is a Forté member school), programming for women as part of on-campus visits, and online marketing campaigns.
“We’ve been a bit more deliberate and certainly more comprehensive in the way we send messaging out about our program, about the admissions process, and about the university,” explained Bouffides. “ In general, I feel that we touched a lot more people via electronic communication than we have in the past.” In particular, the school increased its follow-up communication with candidates who attended various events.
Bouffides also thought January’s Women’s Week recruiting event was the best one yet. More than 100 women visited campus for this one-day event to learn about the school, meet other applicants, and get a taste of what it’s like to be a USC Marshall MBA student.
“Not only did we have a larger group than in the past, but we also, hopefully, presented a better case for ourselves than we had in the past,” said Bouffides. “Our students also did a great job contributing to the decision-making process in a tangible way.”
Current students play a big role in recruiting efforts for prospective applicants at USC Marshall. Both Marshall’s ambassador students, who work directly with admissions, and student members of its Graduate Women in Business club, reached out personally to candidates and admits as part of the admissions process to share their unique student perspectives. Many of these students also helped organize some of the recruiting events for prospective applicants.
“We also have a follow-up program, where once a person is admitted, we put them in touch with a lot of different groups, students being the preeminent group,” Bouffides explained. “The students did a great job answering questions and convincing people to join us.”
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Improved Rankings and Reputation
Out of the many factors that may have contributed to USC Marshall reaching gender parity this year, the school’s improved rankings and reputation had a distinctly positive effect. Marshall jumped four places to 20th in the latest U.S. News ranking of leading MBA programs. And the Financial Times ranked Marshall as one of the best business schools for women to pursue an MBA (20th in the world and 12th in the United States).
“Our rise in rankings and the good press we’ve had over the last year or two has helped make us more attractive to candidates,” said Bouffides. “This, along with our other efforts, helped bring the entire class together.”
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A Great Yield
Another factor that contributed to USC Marshall’s gender parity was this year’s impressive yield—the percentage of admitted students who ultimately enroll. It was a significant change from last year’s class, when less than a third of admitted female students (31.3 percent) chose to enroll. This year, 40.1 percent of admitted females entered the full-time MBA program. This meant that more of the students USC Marshall wanted actually attended, resulting in the highest-quality class on record.
The average GMAT score for the Class of 2020 is 705, up from 703 last year, and the average GPA is 3.5 compared to 3.48. This year’s incoming class also includes a record number of underrepresented minorities—21 percent of domestic students, compared to 16 percent previously.
“This year’s applicant pool was the strongest in our program’s history,” said Bouffides. “They brought the highest average GMAT score and the highest average GPA. The women, in particular, were extraordinarily well prepared.”
USC Marshall in the Future
So, where does USC Marshall go from here? We asked Bouffides if the school hopes to reach the same levels in coming years, but he said there is no prescribed quota for women in future classes. The goal is always just to bring in the most robust possible class, and diversity is a big part of that—gender parity being just one aspect.
“First, let me explain that we didn’t go into the admissions cycle this year stating that gender parity was our goal. We never do that for any particular metric when it comes to admissions,” said Bouffides. “We didn’t go into the season with parity as a goal, but it was an outcome of the fact that we had a large and talented group of women applying to the program. My hope is that now that we’ve hit this mark, it will be easier going forward, and hopefully, we’ll be even that much more attractive to women and men as well as they think about schools to which they may apply.”
As for Omenn, she sees USC Marshall as a model for the future where diverse backgrounds represented by different genders and groups can come together to share their ideas and perspectives—elevating discussions for a richer experience.
“Gender parity is a good model for future applicants, not just at USC but at any business school,” said Omenn. “In years to come, applicants will be able to see more of themselves in business school, which will hopefully inspire them to keep striving for their goals.”
This article has been edited and republished with permissions from our sister site, Clear Admit.
10 Highest GPA Averages in the Business School World
The role of a GPA in MBA admissions is a hotly debated topic among both admissions officers and applicants. How much does it really matter? Does a low GPA destroy your chances of getting into a top business school?
One of the most important things to keep in mind when considering how your undergraduate GPA will impact the MBA admissions process is the fact that not all GPAs are alike. Far from a standardized figure, GPA and the way it’s measured can vary from school to school- even major to major. For this reason, it can be difficult to use the GPA’s of different applicants as any accurate predictor of success.
An student’s GPA will always be an important part of the admissions process, because it helps tell admissions officers about past academic success. Still, admissions officers are well aware of the high level of variability between GPA scores. Taking this into account, most officers working in MBA admissions will always look for more to an individual’s story than just the GPA. Numbers like a GMAT/GRE can often paint a much more exact picture of future academic success than the highly variable GPA. Designed for standardization and to test individuals on the specific challenges of an MBA, a GMAT score allows admissions officials specific insight into each application.
When considering GPA, a general rule of thumb is to not ride or die by this number—whether for better or for worse. A low undergraduate GPA doesn’t necessarily spell disaster for one’s MBA ambitions, and even a perfect 4.0 can’t save an application if the other factors don’t add up.
Overall, the exact number of an undergraduate GPA may be less important than the story behind it. If your low GPA was a result of illness or another external factor while in school, personal statements on the application are a great opportunity to give context behind the numbers and help tell your story to admissions officials.
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Nevertheless, getting a sense of the average undergraduate GPA for your prospective programs can help give provide crucial insights. Class profiles and statistics for business schools throughout the country can give prospective students a good sense of the typical student looks like in each program, and help applicants decide if they’ll be a good fit.
Below, we take a look at the top 10 MBA programs with the highest average undergrad GPA. Take a closer look at these top schools to get an idea of the average student in each program- and your potential future classmates.
10 Highest GPA Averages for MBAs
1. Stanford University Graduate School of Business
The highest GPA average for MBA students in the U.S. belongs to the class at the Stanford University Graduate School of Business. For the Class of 2019, the average undergrad GPA was 3.74. This is down slightly from the school’s 2015 average of 3.75.
2. Harvard Business School
Often jockeying for position with Stanford, HBS took the number two spot this year with an average undergrad GPA score of 3.71. Three years ago, HBS still loomed large with a 3.66 average, and it just keeps getting higher.
3. Haas School of Business – UC Berkeley
Staying on the heels of Harvard, the Haas School of Business at UC Berkeley takes a top spot today with an undergraduate GPA of 3.7. This is a slight increase from the school’s 2015 average of 3.66.
4. Yale School of Management
Significantly up from its GPA average of 3.6 in 2015, the Yale School of Management today has one of the highest undergraduate GPAs in the country at an average of 3.69.
5. Booth School of Business – University of Chicago
The MBA at University of Chicago’s Booth School of Business has consistently maintained one of the top GPA averages for programs in the U.S., up from 3.59 in 2015 to 3.6 this year.
6. The Wharton School – University of Pennsylvania
The Wharton School, consistently recognized for having some of the country’s top business programs, is nothing if not consistent. With a 3.6 average for incoming students between 2012 and 2015, Wharton maintains a perfect 3.6 average GPA this year as well.
7. Kellogg School of Management – Northwestern University
Northwestern’s Kellogg School of Management is another school where consistency is key. From 2014 to today the school has remained at an undergraduate GPA average of 3.6
8. Tuck School of Business – Dartmouth College
The average GPA for incoming students at Dartmouth’s Tuck School of Business has gone up and down throughout the years, but has consistently stayed among the highest in the country- down slightly from 3.52 in 2015 to 3.51 this year.
9. Columbia University – Columbia Business School
The Columbia Business School has always received distinctions as one of the top MBA programs in the country, and their average GPA for incoming students at 3.5—which has stayed the same for more than five years—is no exception.
10. MIT – Sloan School of Management
Typically placing much higher on the list, the average Sloan School of Management at MIT has decreased in recent years, from 3.54 in 2015 to 3.49 for this year’s incoming class. The number nonetheless still remains among the highest average GPAs for MBA programs throughout the country.
Financial Times Ranks the Top MBAs for Entrepreneurs
Leading entrepreneurs in the business world today can often be seen as trailblazers, standing strong and independent in an often cutthroat world. What isn’t seen as often is the kind of support—whether financial capital or mentorships—that can help get an idea off the ground. In recent years, business schools and MBA programs around the globe have made this kind of support for new businesses a core part of their operation, often offering entrepreneurship majors, business pitch competitions, startup incubators and more.
Each year, The Financial Times releases their ranking of the best MBA programs for entrepreneurship, helping up-and-coming entrepreneurs to make informed choices about the best program for their career and startup goals. Its latest ranking, for 2018, has just been released.
The 2018 ranking of the top MBA’s for entrepreneurship compiled fifty schools from around the world. A number of factors went into determining which schools would make the grade, including the percentage of graduates who started a company after earning their degree, percentage of female entrepreneurs, the extend to which funding from the school or from the school’s alumni network helped in the creation of new businesses, and more. These factors combined would help decide in what position a school would fall on the ranking.
This year, schools in the United States took the top three spots on the list: the Stanford Graduate School of Business, the F.W. Olin Graduate School of Business at Babson College, and the Tuck School of Business at Dartmouth College. Two UK business schools—the Lancaster University Management School and the Cass Business School—rounded out the top five.
At Stanford, although it still ranked as the best school for entrepreneurship globally, there was actually a significant drop since in the number of students starting a business within three years of graduation. This year, it was just 22 percent of students compared with last year’s 36 percent. Babson College’s Olin Graduate School of Business also witnessed a drop; from 52 percent last year to 37 percent in 2018.
One explanation for the drop, however, is not that interest in entrepreneurship is declining, but instead being taken on more as a ‘side hustle’ than a full-time career. This was certainly the case for Samantha Penabad, a former strategy manager at Accenture and MBA at Berkeley’s Haas School of Business, who has been working on a digital donation platform called GivingFund. Although she didn’t intend on becoming an entrepreneur when she started business school, tutors at the university helped her to develop a business plan and a fellow student with finance experience joined as a co-founder. The service is scheduled to launch later this month.
But GivingFund remains a side job for Penabad, who will be taking on a full-time job in strategy and operations at Google in New York after graduation. As a result, someone like Penabad will be not be included in data for students starting businesses after graduation, but among those accepting full-time jobs. Students pursuing similar paths—working full-time but starting businesses on the side—may help explain the dip in entrepreneurship that many MBA programs are witnessing.
One reason behind this trend may be the fact that many students see a full-time role as just one step to eventually starting their own company. By putting their skills to work at a top company like Amazon or Google, students are able to more quickly pay off their student loans, which means eventually starting a business debt free. Companies like Amazon also may seek out those with entrepreneurial experience, because it demonstrates an attractive leadership quality.
“We welcome applicants with an entrepreneurial spirit,” says Amazon’s senior manager of campus recruiting, Dee Clarke. “They are given the ownership over their work, like they would [in] their own business, but within a global support network that provides added guidance and support.”
Guthrie Jones, an MBA at London’s Cass Business School, holds a similar philosophy. Although he had no intention of getting into entrepreneurship, he couldn’t stop thinking about one particular business idea and decided he’d have to pursue it. Guthrie believes his company, Icepick, which lets people rent out space on their hard drives, has the potential to become a global business. Still, if he right opportunity for a salaried role came up after graduation, he would gladly shift his plan to the side.
Nevertheless, student interest in studying entrepreneurship as part of their MBA has grown at schools like Cass. Part of this may be the result of Cass’s £10m investment fund, which has not only supported new MBA start-ups but has also trained students in the process of investing.
Financial Times MBA Entrepreneur Ranking (2018)
- Stanford Graduate School of Business
- F.W. Olin Graduate School of Business (Babson)
- Tuck Business School (Dartmouth)
- Lancaster University Management School
- Cass Business School (City University)
- Otto Beisheim School of Management (WHU)
- IMD Business School
- Saïd Business School (Oxford)
- Harvard Business School
- Judge Business School (Cambridge)
Top MBA Recruiters: Starbucks
American coffee behemoth and casual status symbol Starbucks has become one of the most well-known companies in the world with over 27,000 stores and a massive headquarters located in Seattle, Washington. The company is known its quality service, customizable drinks, and pre-packaged items. As it continues to grow, so does the appeal for a Starbucks corporate career.
The company got its start in 1971 when the first store was opened in the Pacific Northwest. However, it wouldn’t be until 1987, when Howard Schultz took over and re-branded the company that they would open their first location outside of Seattle. By 1989, it had 46 stores and were roasting over two million pounds of coffee.
In 1992, Starbucks released its initial public offering (IPO) with a revenue of $73.5 million and a market value of $271 million. By the end of the year, the share price had risen over 100 times the earnings per share of the previous year. Now, the company earns more than $22.3 billion per year and employs over 238,000 people worldwide.
You can’t talk about Starbucks without talking about the location of its headquarters in Seattle. Located in the city’s SoDo neighborhood, Starbucks can be found in the largest multi-tenant building in the city with over 2,200,000 square feet of space. But while the building is impressive, it’s the city that really stands out.
Washington was ranked as “America’s Top State for Business in 2017,” by CNBC, and Seattle is the city to be in. According to Outside Magazine, Seattle is one “America’s Best Towns Ever,” and a PWC survey considers it one of the nation’s most innovative cities. There’s much to love about Seattle from its opportunities for adventure, laid-back culture, and strong economy, which grew 3.7 percent last year—almost 2.5 times the national average.
MBA Recruiting at Starbucks
Starbucks is a major MBA recruiter. It looks for MBA students who understand who Starbucks is as a company. As well, it recommends reading former CEO Howard Schultz’s book, Onward: How Starbucks Fought for Its Life without Losing Its Soul and following the company on social media including LinkedIn, Twitter, YouTube, and Instagram. The company wants to know why you want to be a part of it and how you fit in with the Starbucks Mission Statement.
Other required qualities include:
- Strong analytical and technical skills
- Ability to analyze business trends
- A strong team player who can collaborate cross-functionally
- Strong interpersonal skills
- Great communication skills orally and in writing
- Strong organizational and problem-solving abilities
- Ability to balance priorities and meet deadlines
You may also be required to have a deep understanding of financial planning, forecasting, and inventory management. You should also have a strong understanding of marketing fundamentals and be able to understand sales, return on investments, and profit and loss.
As for where Starbucks recruits, many MBA programs feed into the company including:
- The University of Washington Foster School of Business
- Dartmouth College’s Tuck School of Business
- The Wharton School at the University of Pennsylvania
- Arizona State University’s W. P. Carey School of Business
- The University of Michigan Ross School of Business
Salary & Benefits of Starbucks Employment
According to PayScale, MBAs hired at Starbucks are paid well:
- Master of Business Administration (MBA), Business Administration – $128,500
- Master of Business Administration (MBA), Accounting – $65,111
- Master of Business Administration (MBA), Marketing – $109,823
- Master of Business Administration (MBA), General Business – $89,000
- Master of Business Administration (MBA), Global Management – $77,419
As for benefits, Starbucks offers a tailored benefits package that’s called “Your Special Blend,” which includes Medical, Dental and Vision coverage as well as life insurance, disability, adoption assistance, paid vacation, a 401(k) Savings Plan, stock investment, one free pound of coffee per week, and more. There are also perks that include in-store merchandise discounts, matching gifts programs, etc.
Interning at Starbucks
Every year, Starbucks offers an exclusive ten-week internship program in Seattle that is designed to provide a robust and meaningful experience. MBA students who are chosen to participate can expect to participate in high-impact, business relevant projects that have well-defined goals and expectations. Interns also have access to mentorship and leadership opportunities. Graduate internship applications open from January to February each year for the summer program.
According to Peter Kazarian, a ’16 UW Foster MBA graduate who interned at Starbucks, the intern program is very deliberate and well laid out.
“With part MBAs and the rest technical and undergrad interns, there was a formal on-boarding program, weekly meetings with SVP/C-suite leadership, and great experiences like a Sounders game or fancy catered dinners at museums,” Kazarian explained in a blog. “My department was under the Channel Development arm of Starbucks, which included consumer packaged goods and anything else not in a Starbucks retail store, like grocery bottled fB2brappuccinos, licensed stores, and in my case, bulk B2B customers like airlines, hotel chains, restaurants, and campus cafes. As part of the Digital and Loyalty team, my main project involved e-commerce enhancements to our B2B team’s website, and forecasting new sales revenue and cost savings from these changes.”
As for what Kazarian enjoyed most about his experience, he enjoyed the free pound of coffee each week. He also loved getting to know his fellow MBAs who are now good friends of his. “I had a great experience … and I’ll be returning to Starbucks … as a Product Manager,” he said.
March Madness Begins: Consortium MBA Draft Takes Place Today
Clear Admit recently highlighted this year’s Consortium for Graduate Study in Management MBA Draft, which is offering huge scholarship payouts for a lucky few. Check it out below.
No, it has nothing to do with basketball. A draft of another sort will take place today, but for some MBA applicants it could be as big as getting by the Golden State Warriors. We’re talking about the annual draft for the Consortium for Graduate Study in Management. Each year, the group’s member business schools offer tens of millions of dollars in fellowships to hundreds of MBA applicants, most under-represented minorities.
Held annually in mid-March, the draft is a complex matching up of leading business schools and applicants based on the order of preference expressed by each. Consortium member schools include the University of Michigan’s Ross School, UVA’s Darden School, UC Berkeley’s Haas School, Dartmouth’s Tuck School, and NYU Stern, to name just a few. When applicants apply as part of the Consortium Fellowship process, they benefit from being able to apply to six of the 19 members schools using a single application (with volume discounts for multiple schools). But then comes the tough—and critical—part.
The Importance of Ranking Your Consortium Schools Carefully
You have to rank your selected schools in order of your desire to attend, which will determine the order in which you’ll be considered for the Consortium Fellowship, a merit-based, full-tuition award. (There is the pesky little detail about needing to gain admission to a school or schools on your list.) Provided you are admitted to some or all of the schools on your list, your ranking then comes into play. If your first-ranked school declines to award you funding through the Consortium, the opportunity will be passed on to the next school on your list, and so on. According to a Consortium employee, the order in which applicants have ranked their choices is not revealed explicitly to the schools. Instead, each school is just not given an opportunity to offer you the fellowship until theirs is the top remaining school on your list.
Of course, another important part of the Consortium application is demonstrating a proven commitment to increasing the ranks of African Americans, Hispanic Americans, and Native Americans in business education and corporate leadership. The Consortium was founded in 1966 by Washington University professor Sterling Schoen around the mission of equipping more African American men with the requisite business skills to succeed in corporate America. Three schools and 21 men took part in the first year. Additional schools began to join as members, and in 1970 applicant membership was widened to women, Hispanic Americans, and Native Americans. In 2004, in compliance with a Supreme Court ruling a year earlier, membership was opened to all U.S. citizens and permanent residents who demonstrate a track record of supporting the Consortium vision.
Today’s Consortium MBA Draft Day
Fast forward to today, draft day. Representatives from the member schools are gathering with Consortium staff to begin the complicated matchmaking process, which at least in recent years has taken place in a St. Louis hotel room near the Consortium’s Chesterfield, MO, headquarters. Unless things have changed dramatically with recent additions to the number of member schools—the group has grown from 17 in 2011 to 19 this past July—the process includes six rounds and takes about four hours to complete.
Schools come in with their draft picks in hand, and the school designated as first choice by the most applicants gets to choose as many of those students as it wants to offer the fellowship. And so it continues, passing on to each successive school to select from its first-round applicants. If a school passes on an applicant at any time in the process, another school can then select that applicant in a later round.
From the applicant’s point of view, here’s what it looks like: Let’s say that Yale SOM is your first-ranked school and you are admitted into its MBA program. In today’s draft, Yale SOM will have first dibs on offering you the Consortium Fellowship. If Yale SOM does offer you the fellowship, everyone’s happy and you can choose to attend with the benefit of the fellowship. You may still be admitted to other programs on your list, but these programs cannot offer you the Consortium Fellowship.
But say you were admitted to Yale SOM but it doesn’t offer you the fellowship—or you don’t get into Yale—then the opportunity to offer you the fellowship is made available to your second-ranked school, and on down the line.
While only one school can offer you the Consortium Fellowship, that does not preclude the other schools on your list from offering you other school-specific scholarship funding. Once awarded by one school, the Consortium Fellowship is not transferable to another.
Regardless of whether you ultimately accept the fellowship and attend the school that offers it, you retain your Consortium membership status, granted as part of the application process. As long as you attend a school within the Consortium, you’ll get take advantage of a wide range of membership benefits, including valuable recruitment and networking events, webinars, and chats.
Why Would Anyone Turn Down a Consortium Fellowship?
Consortium member schools will typically select more students than they have fellowships for to account for the fact that some fellowship recipients will ultimately turn down their offers. What would make a fellowship applicant turn down a free ride to a top-ranked business school, you ask? Sometimes it’s admission to an even higher-ranked business school not part of the Consortium (Harvard, Stanford, Wharton, Columbia, Kellogg, MIT Sloan, and Chicago Booth don’t play the Consortium game). This becomes an easier decision if these other schools offer their own attractive financial aid enticements, which they often do. So in the coming Decision Week(s), keep in mind that schools that have picked you now get to anxiously await word of whether you pick them. It’s nice when the tables get turned, right?
The official Consortium Fellowship notification deadline is March 23rd, but we’d guess many schools will be eager to share the news of the fellowship award in tandem with the news of acceptance. It should be fun to watch on MBA LiveWire! Those of us here at Clear Admit are wishing luck to the applicants and schools involved in today’s Consortium MBA Draft and hope some terrific matches are made, resulting in hundreds of successful MBA careers and further expansion of the Consortium mission’s reach.
To those on MBA Livewire who have speculated about why some Consortium applicants learned of decisions from certain schools before stated decision deadlines, that’s also related to today’s draft. Consortium member schools will have needed to make admissions decisions for their potential drafts picks by today, regardless of the school’s own decision deadline. Some schools may choose to communicate those decisions to applicants early since they already will have been reached.
Learn more about the Consortium application process here. Applications for the Class of 2021 open in August 2018 are due in two rounds, the first in October 2018, and the second in January 2019.