Tag Archives: MBA from foreign institutes

Rise in GMAT score for indian students

The average GMAT score of Indians has been consistently increasing in last five years.In year 2007 -2008 average GMAT score of Indians was 568,but in 2008-2009 average GMAT score was 565.That was a big fall.It might be due to recession.In the next three years average GMAT score for Indian students was 578, 581 and 582 respectively.

Average GMAT score for other countries was as below last year

  • Belgium: 597
  • Argentina: 595
  • Australia: 598
  • Hungary: 585
  • South Korea: 586
  • Britain: 587
  • USA : 533
  • India: 582
  • China: 588

China is again competing with india at average score of 588 in 2011-12.The number of GMAT takers is far less as compared to India for example hungry

IIT B new policy for attendance

Till date, students who did not have a minimum of 80% attendance were awarded an XX grade and failed in that course. Students had to repeat the course before they were allowed to take the semester exam.

IIT-B reviewing its attendance policy through a  committee convened by Abhiram Ranade, a professor in the department of computer science and engineering,

Faculty now have the freedom to take a call on either penalizing students for bunking class or letting it pass. The policy was broadly cleared by the senate recently and will soon come into effect.

Faculty members can choose their own attendance plan, they will be required to declare the same at the start of the academic session. There are three plans a teacher can pick from.

Massachusetts Institute of Technology

The Massachusetts Institute of Technology (MIT) is a private research institute located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological research.

Founded in 1861 in response to the increasing industrialization of the United States, the institute adopted the European polytechnic university model and emphasized laboratory instruction from an early date. MIT’s early emphasis on applied technology at the undergraduate and graduate levels lead to close cooperation with industry but curricular reforms under Karl Compton and Vannevar Bush in the 1930s re-emphasized basic scientific research. MIT was elected to the Association of American Universities in 1934 and researchers were involved in efforts to develop computers, radar, and inertial guidance in connection with defense research during World War II and the Cold War. Post-war defense research contributed to the rapid expansion of the faculty and campus under James Killian.

The current 168-acre (68.0 ha) campus opened in 1916 and extends over 1 mile (1.6 km) along the northern bank of the Charles River basin.[5] In the past 60 years, MIT’s educational disciplines have expanded beyond the physical sciences and engineering into fields like biology, economics, linguistics, political science, and management.

MIT enrolled 4,232 undergraduates and 6,152 graduate students for 2009–2010. It employs about 1,009 faculty members.76 Nobel Laureates, 50 National Medal of Science recipients, and 35 MacArthur Fellows are currently or have previously been affiliated with the university. MIT has a strong entrepreneurial culture and the aggregated revenues of companies founded by MIT alumni would be the seventeenth largest economy in the world. MIT managed $718.2 million in research expenditures and an $8.0 billion endowment in 2009.

The Engineers sponsor 33 sports, most of which compete in the NCAA Division III’s New England Women’s and Men’s Athletic Conference; the Division I rowing programs compete as part of the EARC and EAWRC.

Graduate program
Robert Engman’s Möbius Strip hangs from the crown of the Barker Engineering Library’s reading room located inside the Great Dome

MIT’s graduate program is a comprehensive doctoral program having high coexistence with undergraduate programs in the humanities, social sciences, and STEM fields as well as offering professional degrees.The Institute offers graduate programs leading to academic degrees such as the Master of Science, Doctor of Philosophy, and Doctor of Science; professional degrees such as Master of Business Administration, Master of Finance, Master of Architecture, Master of Engineering, and Engineer’s Degree; and interdisciplinary graduate programs such as the MD/PhD (with Harvard Medical School). Admission to graduate programs is decentralized; applicants apply directly to the department or degree program. Doctoral students are supported by fellowships (30%), research assistantships (49%), and teaching assistantships (13%).

MIT awarded 1,474 master’s degrees and 607 doctoral degrees in 2009. The School of Engineering is the most popular academic division enrolling 45.4% of graduate students, followed by the Sloan School of Management (17.3%), School of Science (17.3%), School of Architecture and Planning (9.5%), School of Humanities, Arts, and Social Sciences (4.9%), and Whitaker College of Health Sciences (2.5%). The largest graduate degree programs are the Sloan M.B.A, Electrical Engineering and Computer Science, Mechanical Engineering, and Chemical Engineering.

China Europe International Business School (CEIBS)

China Europe International Business School is an international business school located in Shanghai, China. CEIBS is the only independent business school in Mainland China, a unique situation that prompted the Chinese government to designate CEIBS’ property as a “Special Education Zone”. The school was established in 1994 as a joint venture between the European Commission and the Chinese Ministry of Foreign Trade and Economic Cooperation, in Beijing. It was then moved to Shanghai, where it spent its first years in Shanghai Jiaotong University’s Minhang campus. IESE Business School in Barcelona has supported its development. Today CEIBS has its own facilities in Shanghai’s Pudong district, a small yet complex design by architect I. M. Pei and Beijing Campus. In this project, I.M. Pei combined classical monastic proportions of European heritage with Chinese elements.

In its short history, CEIBS has become one of the top MBA programmes in China (besides Tsinghua University, HKUST and CUHK) and it is placed 22nd in the world, according to the Financial Times (2010 edition). In 2009, CEIBS has become the first Chinese business school to (temporarily) make the worldwide top 10. Its EMBA programme, ranked 26th worldwide by the same publication, is the largest in the world topping 700 students in Shanghai, Beijing, and Shenzhen. In the 2009 QS Global 200 Business Schools Report the school was ranked 5th in Asia Pacific. Its joint venture partners are Shanghai Municipal Government, and the European Union.

In May 2009 CEIBS has started a MBA program in Ghana for the first time.

IE Business School

IE Business School is the business school of IE University, an independent, for-profit, graduate school located in Madrid, Spain. It was founded in 1973 with the name Instituto de Empresa.

It’s one of the highest ranked business schools in the world according to the Financial Times and other rankings publications. The School runs master’s degree programs, executive master’s degrees, executive education programs, Ph.D. and DBA programs. Approximately 7,800 students from 88 countries undertake degree programs at IE each year. There are approximately 5,600 annual participants in the school’s executive education programs. In 2008, 48.5% of the professors were of non-Spanish origin, and there were 81 nationalities on campus. The School has offices in 22 countries and approximately 40,000 alumni residing in 102 countries.

Campus

IE Business School is situated in Madrid’s financial district. The IE campus currently occupies a total surface area of some 23,700m2 (including garage space). This includes 43 lecture halls with an average capacity of 50 students each, 5 computer rooms, 73 breakout rooms (with an average capacity of 10 students per room), a main auditorium (“Aula Magna”), and the IE library. The lecture halls and breakout rooms are not all centralized in one building. They are mostly spread across different parts of Calle Maria de Molina (between metro stations Gregorio Marañón and Avenida de America). The main building lies at the junction of Calle Serrano and Calle Maria de Molina.
Partner Universities and Institutions

IE Business School has MBA student exchange programs with 53 international universities. IE Business School is one of the founding members of SUMAQ, a network comprising business schools in Spain and Latin America. IE has an agreement with Northwestern University School of Law, with whom it runs a Master of Laws, and the Fletcher School at Tufts University, with whom it runs a dual degree in the fields of business management and international relations. The school also has an agreement with University of Chicago Graduate School of Business to run the Global Senior Management Program (GSMP).

The School has an agreement with Babson College to run joint executive education programs in the field of entrepreneurship, and partners with the Wharton School of the University of Pennsylvania in the Global Consultancy Program.

IE Business School has a dual degree option in collaboration with the Massachusetts Institute of Technology (MIT). As of March 2010, IE and Brown University have started to offer the IE Brown Executive MBA .
Entrepreneurship

IE Business School runs the ICEVED-International Center for Entrepreneurship and Ventures Development (http://www.iceved.com), a portal for member schools, investors and entrepreneurs. IE is the Spanish arm of the GEM (Global Entrepreneurship Monitor) Report, which studies the relationship between levels of innovation, the creation of new businesses and economic growth worldwide.

The School’s Venture-Lab (V-lab) is a support framework for students’ business projects and business plan development is a core component of all master degree programs. 25% of IE Business School MBA graduates set up their own companies.
MBA programs
International MBA

IE’s full-time MBA runs for 13 months, from either November or April to December or May, respectively, of the following year. The MBA 2008 intake comprised 91.5% international students and 68 nationalities. The program is divided into five modules and a pre-program covering quantitative methods and financial accounting. The program has a Spanish version and an English version with electives in English or Spanish.
Global MBA

The Global MBA at IE is blended online program that runs for 15 months. Participants also physically attend sessions or community integration events in Shanghai, New York, London or Madrid, among other cities. The English version of the program (September 2009 intake) has 65 students comprising 34 nationalities.
International Executive MBA

The IE International Executive MBA program is a thirteen-month program run in English. It is based on a blended format combining in-person sessions in Madrid and Shanghai with periods of online learning and team collaboration. The average age of program participants is 36 and average number of countries of origin is 26.
Master in International Management

The Master in International Management is aimed for young graduates with non or few years of experience. It is a 10-month full-time program with two intakes (February and September) which can be extended to 13 months if the student wants to take part on the so-called Beyond Border Experience. During the third term, the student has the opportunity to deepen its expertise in one of the following business specializations: International Business, Sales & Marketing or Digital Business. The Beyond Border Experience gives the student the opportunity to do another of the specializations mentioned above, so-called Dual Specialization, go into an International Exchange program with leading universities or get into the Venture Lab, ie. develop his own research/consultancy project.
Doctoral Programs

IE Business School has both Ph.D. and DBA programs which are renowned for their highly selective admissions process. The Phd and DBA programs are very similar in content but the DBA program focuses more on the application of academic research to practice of business whereas a Phd focuses more on the development of new theories relating to the practice of business. IE Business School only accepts a maximum of 15 DBA students per year.
Executive Education

Approximately 5,600 participants attend open and in-company programs at IE Business School each year.

The English edition of the Advanced Management Program (AMP) was created in 2003, and the Global Senior Management Program (GSMP) in 2004. The GSMP is a joint venture with the University of Chicago Booth School of Business.

Stanford Graduate School of Business

The Stanford Graduate School of Business has built an international reputation based on its innovative programs, which include:

* Two-year MBA Program, designed to educate business leaders
* One-year Stanford Sloan Master’s Program for mid-career executives
* PhD Program for future academics
* Executive Education programs for experienced managers
* Faculty research program

A highly collaborative culture, combined with a small student body creates a vigorous intellectual environment and compelling learning experience. In 2007 the School completed a transformational revision of its curriculum that not only improves the way we prepare future business leaders but also serves as a model of thought leadership in the management education industry. Students and staff begin moving into the new Knight Management Center in January 2010, a facility with eight buildings offering resources to support the school’s rich, engaging curriculum and other programs.

GMAT-GRE

* The GMAT is required for admission. (We will accept the GRE as an alternative).
* There is no minimum GMAT or GRE score for graduate study at Stanford University. Admitted candidates typically have performed well.
* GMAT/GRE scores are valid for five years and must be taken before submitting your application. The scores must be valid on the deadline date of the round in which you apply.
o Use the GMAT-GRE Calculator to find out if your test scores will be valid for the application round in which you wish to apply.
* Self-report your scores on the Application Form. These are the scores we will consider in our initial evaluation of your application.
o If you do not have your official scores, list the unofficial scores.
o If your AWA (Analytical Writing Assessment) score is not available, enter zeros. We will retrieve these scores directly from Pearson VUE or ETS.
* The Stanford MBA Program school codes:
o For the GMAT, instruct Pearson VUE to send your official GMAT scores directly to the Stanford MBA Program (school code L9R-KW-09).
o For the GRE, instruct Educational Testing Service (ETS) to send your official scores directly to the Stanford MBA Program (school code 4704).
* If you have taken the GMAT more than once, report only the score from one examination that you wish us to consider while reviewing your application. We do not average scores. The scores you report must be from the same testing session.
* If you do not take the test prior to submission, your application will be reviewed as is.
* If you retake the GMAT after the application deadline, we will not be able to consider your new scores in our evaluation.
* We do not accept LSAT or MCAT scores in place of the GMAT.

Application

Application Deadlines for Class of 2013

It is important that you apply only when you feel your application is as strong as it can be.

* We offer 3 application rounds.
* If you are considering applying in either Round 1 or Round 2, we strongly encourage you to consider Round 1. Over the past few years, we’ve noticed more applicants applying in Round 2 and, as a result, this round has become bigger and a bit more competitive. You should never rush your application. But, on the margin, earlier is better.
* While we admit outstanding individuals in all three rounds, there are some advantages to applying in either the first or second round.
o The ability to receive an aid award from the Financial Aid Office prior to the date by which you must respond to your offer of admission.
o Ample time to complete preliminary quantitative and/or language coursework prior to arrival on campus.
o Access to the on-campus housing lottery and/or Schwab Residential Center housing.
o Sufficient time to complete the visa application process (international students).

Application Deadlines for Class of 2013
(Entering Fall 2011)
Application Round     Submit your application by     We will notify you on     Your reply & deposit are due by
Round 1     06 Oct 2010*     15 Dec 2010**     03 Mar 2011
Round 2     06 Jan 2011*     30 Mar 2011**     05 May 2011
Round 3     06 Apr 2011*     18 May 2011**     02 Jun 2011

* Applications and Letters of Reference are due by 5:00 PM, Pacific Time
Decision Notification**

* We will post decisions to your ApplyYourself account by 5:00 PM Pacific Time on the decision date for the round in which you applied.
* Under no circumstances can we provide decisions earlier.
* Provide an email address on your application form to which you will have access through the decision date. You are given the option to report a second email address.
* We do not release admission decisions via telephone or in person.

Admit Weekend Dates for Class of 2013
Round 1
Admit Weekend     27-28 February 2011
Round 2
Admit Weekend     01-02 May 2011
Round 3
Admit Weekend     no Admit Weekend is held for Round 3
Application Fee

* The non-refundable MBA Program application fee is $265.
* You may pay via credit card as part of the online application.
* If you pay by check or money order, please make your payment in U.S. currency and payable through a U.S. bank. Submit the payment so that we receive it before 5:00 PM Pacific Time on the appropriate deadline.
o If someone else writes the check or money order for you, please ensure that your name appears on the front.
o Please make the check or money order payable to the Stanford Graduate School of Business.
* Fee waivers are granted only to university/college seniors receiving need-based financial aid.
* We do not grant other fee waivers.
* If you are requesting a waiver, please upload a copy of your school’s financial aid award letter in the Additional Information section of your online application.
* If you do not pay the application fee, we will not evaluate your application or release your decision.

updated 9 Nov 2010

2010 Detailed Employment Report Spreadsheet

http://www.gsb.stanford.edu/cmc/reports/documents/EmploymentReport_09_10l.pdf

INSEAD (European Institute for Business Administration)

INSEAD stands for Institut Européen d’Administration des Affaires (European Institute for Business Administration). It is a multi-campus international graduate business school and research institution. It has campuses in Europe (France), Asia (Singapore), and the Middle East (Abu Dhabi), as well as a research center in Israel. The school offers a full-time MBA program, a PhD in Management program, and several executive education programs (including an Executive MBA).

INSEAD pioneered the concept of international business education to meet the growing need for global business leaders. The school has been widely recognized as one of the most innovative and influential among top-tier business schools worldwide.  The school’s main differentiation lies in class diversity, quality of education, and the strength and spread of the alumni network. It is a member of the Global Business School Network. Forbes ranked the INSEAD MBA the number 1 one-year MBA program in the world. In the 2010 Financial Times global MBA ranking, INSEAD was ranked number 5 (tied with Stanford Graduate School of Business), and remains the highest ranked one-year MBA program on the list. In 2010, the QS Global 200 Business Schools Report, which indexes schools according to their regions, placed INSEAD as the number 1 business school in Europe, Asia and Australasia. Business Week ranked it number 1 among international MBA programs.

Columbia Business School

Columbia Business School (CBS) is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students. It is one of six Ivy League business schools and its admission process is among the most selective of top business schools.

Columbia Business School is known for its close ties to Wall Street and the seminal work completed in the field of Finance by professors Benjamin Graham and David Dodd. It is affiliated with 13 winners of the Nobel Prize in Economics including current professors Robert Mundell, Joseph Stiglitz and Edmund Phelps. The school has an international emphasis, and many alumni have achieved distinction in the public as well as the private sector.

MBA Program

The Columbia MBA Program is designed to prepare its students for the challenges they will face as emerging leaders in a rapidly changing business world. The admission process is highly competitive with an admission rate of 15% in 2009.[5] The student body is highly accomplished and diverse. Students in the class that entered in 2009 come from 61 countries and speak more than 50 languages.[6]

The revised core curriculum, launched in the fall of 2008, represents about 40% of the degree requirement. It consists of 2 full courses and 12 half-term courses including Corporate Finance, Financial Accounting, Managerial Statistics, Managerial Economics, Leadership, Operations Management, and Marketing Strategy. While the first year of the program is usually devoted to completing the requirements of the core curriculum, the second year provides students with the opportunity to choose from the more than 130 elective courses available at the School and supplement them with more than 4,000 graduate-level classes from the University’s other graduate and professional schools. Among the most popular electives at Columbia Business School are the Economics of Strategic Behavior, Financial Statement Analysis and Earnings Quality, Launching New Ventures, Modern Political Economy, and the Seminar in Value Investing.

The recently launched Columbia CaseWorks program utilizes the faculty’s research and industry experience and brings that perspective into the classroom through the development of new cases and teaching materials.Beginning in orientation and continuing through core classes and electives, students are immersed in cases that use faculty research to address real-world business issues. Columbia CaseWorks challenges students to debate corporate decision making and to develop appropriate recommendations and solutions.

In 2009, the median starting base salary was $100,000 with a median $20,000 signing bonus and a median $24,000 of other guaranteed compensation. According to Forbes magazine, 90% of billionaires with MBAs who derived their fortunes from finance obtained their master’s degree from one of three schools: Harvard Business School, Columbia Business School, or The Wharton School at the University of Pennsylvania.

Harvard Business School (HBS)

Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts. The school offers a full-time MBA program, doctoral programs, and many executive education programs. It owns Harvard Business School Publishing, which publishes business books, online management tools for corporate learning, case studies, and the monthly Harvard Business Review. It is ranked 1st among American business schools by the U.S. News & World Report (tied with the Stanford Graduate School of Business), and 3rd in the Financial Times Global MBA Rankings 2010,behind London Business School and The Wharton School at The University of Pennsylvania. It is consistently ranked in the top ten of other national and global business school rankings, and is one of six Ivy League business schools. In the 2010 QS Global 200 Business Schools Report Harvard Business School was placed first in North America.

Admission

HBS looks for candidates who exhibit leadership potential, capacity for intellectual growth, and the drive to make a difference in their communities. The school aims to attract students representing a wide range of interests, perspectives and experiences as reflected by its highly diverse student body. Each year, students representing more than seventy countries and a wide range of backgrounds – ranging from professional sports, medicine and military to consulting and investment banking – are selected at HBS.

To be considered for admission, a candidate must submit the following:

Graduate Management Admission Test (GMAT) or GRE scores,
Responses to the application essay questions,
Resume,
Recommendations,
Undergraduate academic transcript,
TOEFL or IELTS score, if applicable
Nonrefundable U.S. $250 application fee (College seniors pay a reduced fee of $100)
There is no minimum work experience required
A four-year undergraduate degree is required for admission.

(Exceptions are very rarely made, and on a case-by-case basis, such as for Blake Gottesman, MBA’08, the personal assistant to then-President George W. Bush, who was admitted to HBS after completing one year of college.)

HBS offers joint degree programs with several other Harvard schools, including Harvard Law School and the John F. Kennedy School of Government.