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Mar 12, 2018

The Value of Choosing a Research-Focused MBA Program at UW Foster

How important is faculty research to choosing your MBA program? Should you care if you go to a research university or is it all just white smoke? Is there value in choosing a research-focused MBA program?

We know that faculty matter. According to a paper written by researchers at Indiana University and Michigan State University titled “Faculty Do Matter: The Role of College Faculty in Student Learning and Engagement,” faculty have a significant impact on student learning and the overall educational experience.

“The impact that a faculty member can have on the student experience can be seen in and out of the classroom,” the study explained. “We found that faculty behaviors and attitudes affect students profoundly, which suggests that faculty members may play the single-most important role in student learning.”

But what about faculty research, is it important? Continue reading…

Mar 1, 2018

How Can You Score a Job at Salesforce with an MBA?

Salesforce, one of the country’s highest valued cloud computing companies, is actively looking for promising MBA graduates, offering diverse opportunities in tech, business, and sales. Since it’s founding in 1999, Salesforce has been growing wildly, becoming the first enterprise cloud company tor each $10 billion in revenue as of August 2017. And Salesforce isn’t just remarkable for its product’s success—the company was also rated as the “#1 Best Company to Work For” by Fortune.

The Salesforce culture is centered around the idea of “Ohana” (Hawaiian for “family”), and earned its place at the top of the list by offering incredible benefits to its employees—both monetary and mentally. It’s understandable why MBA’s would want a job at Salesforce Ohana, with their focus on helping strong performers find new challenges and opportunities for growth.

What Does Salesforce Look for in New Hires?

Salesforce makes recruiting a priority at every level through their Futureforce University recruitment program. Salesforce offers new hires the same incredible opportunities available to all of their employees—seven days of paid time for volunteering, networking opportunities, and access to the Executive Lunch & Learn and Speaker Series that puts interns and new hires in direct contact with Salesforce leadership.

Because of Salesforce’s focus on having their employees give back to their communities, they seek out new hires who have made a demonstrated impact within their past efforts, whether at school or professionally. In 2015, Salesforce’s senior vice president of global recruiting, Ana Recio, commented on the different ways applicants could make themselves stand out.

“What did you do to differentiate your job from others?'” she said. “What was your absolute impact, your legacy? We always look for people who truly were kind of thought leaders and change agents.”

How to Get Your Foot in the Door?

MBA graduates and current students can apply directly for open roles. Current students will most directly benefit from the company’s MBA internship: a 12-week program that students can pursue during the summer in between years one and two of their program. Each summer, MBA interns are hired in the fields of product marketing, product management, CSG business analyst, corporate development, and data analytics. If recruiters think there might be a good fit, applicants will likely be given a 30-60 minute phone screening, followed by an interview with a hiring manager. Before offering the position, MBAs will likely have to partake in a panel interview/case study, presenting their professional and academic accomplishments.

Salesforce also recruits recent graduates (those who graduated in the last 12 months) in the fields of tech, sales, and business. The precise roles and interview process for each varies depending on the field.

How Well Does a Job at Salesforce Pay?

The majority of hires at Salesforce, both full-time and interns, are for tech-centric positions. However, the company does offer supreme compensation for those with business degree backgrounds—especially those with an MBA.

According to Payscale data, MBA graduates wit a job at Salesforce earn between $85,000 and $160,000 USD annually.

It’s no secret that one of the reasons Salesforce tops the Glassdoor list of “Best Places to Work” is the compensation. Although, as with any position, salary will vary depending on a number of factors, Glassdoor’s compensation of full-time employees shows a lower-end salary range of $60,000-80,000 annually (for account executives and sales engineers) and upwards of $141,000 for senior engineer positions.

What Do Current and Former Salesforce Interns Think?

Danielle, who interned with Salesforce as a product marketing MBA intern, commented on her work experience and Salesforce’s company culture in this video. “Not only am I working on independent projects as part of the internship, but I’m also shadowing people in my team and really seeing what a true day in the life is for a project manager within the app cloud,” Danielle said. “Other internships are very focused on their projects and feel very siloed but here at Salesforce I’m really able to be integrated with the team as a whole.”

Eamon, a software engineer who began at Salesforce as a recent graduate, also commented on his experience. “As a new grad what’s interesting is there really is no pathway you’re supposed to follow, it’s what you make of it,” he said. “It’s the people you go out of your way to meet, the experiences you make, the projects you decide to take on.”

Feb 21, 2018

The Differences Between a Full-Time MBA in New York City and Toronto

New York and Toronto are the largest cities in the United States and Canada, respectively. Both are major financial and cultural centers, and home to millions of hard-working students, employees, and businesses.

Both metros are also home to a number of quality business schools, each with their own prestigious full-time MBA programs. How do New York and Toronto compare as cities and as destinations for your full-time MBA studies? Let’s take a deeper dive and see.

Location

The most bustling and populous metro in the United States, New York City is is the capital of the business world. More Fortune 500 companies are headquartered here than in any other city. The Big Apple is not only home to Wall Street and the world’s largest financial institutions, but also media, marketing and advertising companies. New York is an enormous city and, unfortunately, expensive to live in, so it may not be for everyone.

When looking at metros with bustling financial sectors and companies, New York is often is the first to come to mind. But how about it neighbor to the north? Toronto is also considered one of the world’s fast-growing financial hubs. An article on the Huffington Post explains how Toronto has risen into the top 10 of the world’s most important financial centers. According to the Global Financial Centres Index from Z/Yen Group and Qatar Financial Centre, Toronto has surpassed Chicago and Boston to become the second-most important financial center in North America, and eighth in the world.

According to one unidentified New York banker quoted in the Global Financial Centres Index survey, “Toronto seems to get stronger and stronger. A number of our rivals have opened up subsidiaries there.”

New York City Full-Time MBA Programs

What stands out about these programs?

A Columbia MBA opens up countless career options and is sure to pay off in the long run. The median starting salaries for Columbia MBAs is $125,000, with 34 percent of full-time MBA of graduates being employed in the financial services industry. Students may assemble their own elective tracks, but the school also provides recommend course tracks for students interested in careers in entrepreneurship, healthcare, marketing, media, real estate, value investing, and social enterprise.

Meanwhile, Stern’s MBA curriculum gives students tons of flexibility, and allows degree seekers to choose one or two MBA specializations, NYU allows up to three specializations from 20 plus options. Stern makes sure that all students enrolled in the full-time program are ready for business school: Stern hosts a mandatory two-week orientation program in August called “Launch” as well as a special “Summer Start” program that allows students the school believes may need additional preparation to earn up to six credits before starting courses with their classmates in September.

Both Gabelli and Zicklin’s full-time programs feature cohort-based structures. Gabelli’s program features a New York immersion experience where, over the course of five days, students are exposed to a number of company visits with corporations like Deutsche Bank, Money.net, and Hewlett Packard. As an alternative to completing a major, Zicklin students may pursue a joint JD/MBA in conjunction with Brooklyn Law School or New York Law School.

Toronto’s Full-Time MBA Programs

What stands out about these programs?

DeGroote’s full-time MBA is a 16-month program ideal for candidates who are early in their career and want to gain advanced business knowledge in order to have more job opportunities. McMaster is one of only four Canadian universities ranked among the top 100 in the world, including by premiere publications like The Financial Times.

Ivey’s full-time program stands out because it can be completed in one year. During the year, students will learn business essentials from Canada’s only case-based MBA program. Students are able to experience real-world business scenarios through more than 300 cases a year, providing them of hands-on experience for how to best handle a variety of business scenarios.

The Sculich School of Business full-time MBA program is non-traditional due to its amorphous teaching format: The organization, pedagogy, and style of classes is determined solely by the most effective way to teach a particular course. This means that while some course instructors make extensive use of case studies, others do not. Other approaches to delivering courses include in-class presentations, role-playing exercises and visiting speakers and business leaders.

Schulich’s program, however, is on the more expensive side when it comes to Toronto metro business schools. The current full cost of the program in 2018-19 is $77,900 CAD for Canada residents, and $99,400 for international residents. While the tuition costs are actually higher than the likes of NYU Stern or the Columbia Business School full-time programs, because of the cost of living in New York City, the price is actually negligible—especially for Canadian residents.

Schulich/NYU/Columbia Full-Time MBA Costs

York/Schulich	NYU/Stern	Columbia Business School
$57,000 (Canada Residents)	$69,086 USD	$71,544 USD
$77,900 (Full Cost, Canada Resident)	$110,562 (Full Cost, U.S. Resident)	$107,749 (Full Cost, U.S. Resident)

Ryerson’s full-time MBA stands out thanks to its Management of Technology and Innovation (MBA-MTI) program, which provides graduates with skills in problem-solving, critical thinking, communication and collaboration. Despite it’s technical sounding name, the MBA-MTO is not a technical program. Instead students enrolled in this track graduate with the skills needed to manage within companies that are focused on tech and innovation.

Breaking Down the Numbers

Even for those who do not pay extra for room and board, expenses for U.S. residents studying at many NYC business schools will be higher than their neighbors to the north. According to Numbeo, the cost of living in Toronto is 24 percent less than the cost of living in New York City, and rent is nearly 40 percent less.

However, the value of the individual school tends to favor New York City programs over its Toronto counterparts. NYU Stern is currently the 12th overall on the U.S. News & World Report 2018 ranking, with CBS coming even higher at 9th overall. The ranking comparison remains consistent with The Economist as well, with CBS coming in 9th (again), Stern coming in 14th. The highest ranked Canadian program in The Economist ranking—Ivey Business School—came in 59th.

NYC/Toronto MBA Rankings

School	Financial Times Ranking (2018)	The Economist Ranking (2017)
NYU Stern	23	14
Columbia Business School	7	9
Ivey	90	59
Schulich	NR	69

The higher rankings and costs tend to, unsurprisingly, have a high correlation with financial output. MBA graduates from higher-ranked NYC metro schools tend to do better in terms of salary and bonuses. As previously mentioned, CBS Class of 2017 MBA grads pulled in a median annually salary of $125,000. Class of 2017 Schulich grads, in comparison, made an average median salary of around $90,000 USD.

For more information on the best full-time programs, check out our New York City and Toronto metro pages.

Feb 13, 2018

So, What is a Strategy MBA and Where Can You Find One?

For those who don’t have a natural knack for strategic thinking, the ability to analyze effectively and make logical decisions can often seem like the kind of skill that just can’t be taught. Luckily, most business schools disagree.

Not only is strategic thinking a skill that can be studied and improved, but an advanced education in this field can lead to a wide array of careers, often incredibly lucrative ones. After all, the ability to make strategic decisions can lead to success in all aspects of business and across numerous industries- that might be why those who earn MBAs in Strategic Management are entrepreneurs, COOs, Department Supervisors, Business Analysts, and are found at any number of high-level management positions.

Whether you are born with the skill or not, pursuing a Strategy MBA is the perfect way to set yourself up for a versatile career in strategic management.

What is a Strategic Manager?

In an ever-changing and often tumultuous business world, an organization’s strategic planner can be a crucial part of their growth and continued success. A career in strategic management or planning will involve keeping an organization on course through the collection, analysis, and organization of information pertinent to the company’s profitability. This may include tracking industry trends, keeping an eye on external business competition or threats, identifying opportunities and creating action plans for a company based on strategic problem solving.

Strategy jobs typically deal in the “big picture” of the company, and are a key part of both shaping and supporting a company’s overall vision and values. The role is a desirable one within a company, as it provides direct access to senior managers and frequently leads to higher level leadership positions.

Strategy jobs require a candidate to use skills from a variety of disciplines, such as finance and marketing. Since these positions are often highly competitive and require candidates to demonstrate a high level of business acumen, earning an advanced degree in strategy is one of the best ways to prove you have the unique combination of skills and drive required for this often demanding—but incredibly rewarding—career.

What Is a Strategy MBA?

Given the breadth of skills required to be a successful Strategic Manager for a company, it’s easy to see why one would want an advanced degree in the field. An MBA specialization in Strategic Management is designed to provide students with a deep grounding within the logic of competitive advantage, focusing on both a broad understanding of business competition as well as a more nuanced training in analysis and decision making.

Offered at some of the top business schools throughout the globe, a Strategy MBA will help set future business leaders on course for careers in strategy consulting, general management, entrepreneurship, and a number of other careers that require the careful skills of analysis and problem solving gained with this degree.

Why Should I Get a Strategy MBA?

With the unique skill set required for a higher-level role in Strategic Management, earning an MBA with a specialization or major in Strategy can be crucial to proving your skill to potential employers. Regardless of your ultimate career goal, the “big picture” type of training offered by a Strategy MBA can be seen as shorthand for a person with the drive and acumen necessary to make crucial business decisions. And graduates with Strategy MBAs don’t always take jobs as Strategic Planners—they are CEOs, entrepreneurs, and other high-level leaders within their organizations.

Those who do earn Strategy MBAs are also often the highest earners among their MBA-holding peers. According to Payscale, Senior Strategy Manager positions can earn salaries of up to $119,000 per year, a large portion of which comes from bonuses, and occasionally, profit sharing. Graduates of Strategy MBA programs are employed at some of the world’s top companies, such as Deloitte, Amazon, and the Intel Corporation.

Where Can You Get a Strategy MBA?

With an increasing demand throughout the years for qualified and experienced strategy planners, a wide variety of business schools—including some of the top ranked MBA programs in the country—have begun to offer MBA specializations in the field of strategy management/planning.

Below are just a few of the MBA programs throughout the United States offering an MBA in Strategy or Strategic Management.

Temple University Fox School of Business

The Fox School of Business at Temple allows MBA students to focus their degree in Strategic Management, or earn a dual degree that combines an MBA with a Master in Innovation Management & Entrepreneurship (IME). The Department of Strategic Management (SGM) at Fox allows students to approach business strategy from four different angles- entrepreneurship, management, consulting, and international business. All for disciplines help prepare students to be leaders within the strategic management field through hands-on instruction, internship opportunities, networking events, travel abroad experiences, and more.

New York University Stern School of Business

The Stern School of Business at NYU allows MBA students to specialize their degree in Strategy, which will help provide a strong business foundation for the business leaders of tomorrow. The degree will help prepare students for a wide variety of fields, including careers in strategic planning, risk management, and management consulting. Courses in strategic management at Stern include: Competitive strategy in the marketplace, corporate governance, strategic design, strategic talent management, and more.

University of Pennsylvania Wharton School of Business

The world-renowned Wharton School at UPenn also offers students the opportunity to earn an MBA in Strategic Management, a major which aims to provide a “deep grounding in the basic logic of competitive advantage premised on a careful analytical treatment of the distinct qualities of positions of individual firms and an understanding of broader competitive dynamics.” Some of the courses offered as part of this major at Wharton include: Deals: the Economic Structure of Transacting and Contracting, Strategic Implementation, Multinational Business Strategy, Competitive Strategy and Industrial Structure, and more

Jan 29, 2018

2018 Trends: New York City’s MBA Future

It doesn’t take a stable genius™ to figure out that New York City is the world’s most highly sought-after 22.82 mi² strip of land to pursue an MBA.

As is the case with most prime real estate, the stakes are high and the competition fierce. For many prospective business schoolers, the decision to step into the gauntlet is one made with a healthy sort of trepidation.

Hefty price tags and cutthroat admissions present real barriers for prospective students and deter more than a few. Still, many equate the New York MBA experience to a dream scenario—or a Gordon Gecko-style fantasy, replete with the promise of a staggering salary, an attractive range of employment opportunities, and prime placement in a city of constant progress.

How does the dream stack up to reality? Schools weigh in on 2017 trends for graduates, many of whom report satisfaction with employment offers. Let’s take a look at how MBA graduates are getting the most of their newly minted degrees!

2018 New York City MBA Trends

Columbia Business School

According to the school’s most recent MBA employment report, less than 2 percent of Columbia Business School graduates reported salary as the primary reason for accepting an offer. While the honestly of that polling answer pool is debatable, Columbia School of Business is the king when it comes to starting salaries on our list, with median salary of $125,000. Of the graduating class, 93.2 percent of students accepted employment offers within three months. Approximately 28 of 1,019 total students stepped aside to create their own companies. Per the standard with many of the NY-area schools, the largest portion of graduates selected financial services (34.4 percent) as their field of choice, followed closely by consulting (33.1 percent) and media and technology (15.6 percent). Companies such as McKinsey & Company, Amazon, Goldman, Sachs & Co., and Morgan Stanley welcomed a majority of Columbia’s finest.

The boastful salary expectations, unsurprisingly, are tempered a bit by the costs of the CBS MBA program. The current estimated budget for Columbia MBAs comes in at $107,749 in the first year, of which includes over $21,000 for room and board. Tuition in isolation, however, costs $71,544 for the first year. Looking at a degree at any New York City school, never mind an Ivy League institution, means cost of living has to be taken in heavy consideration, which can vary greatly from borough to borough.

Fordham University’s Gabelli School of Business

About 88 percent of students in the Fordham Gabelli School of Business graduating class accepted employment offers within six months after graduation. Starting salary rates were below Columbia’s, at an average of $84,593, with an average signing bonus of $15,536 and additional compensation of $14,510. That average salary figure is an approximate 13 percent drop from the previous year’s reported averages.

Out of the many fields MBA students typically chose this year, Fordham students favored less predictable fields: just under 50 percent went into financial services, while 11 percent earning employment in consumer products, technology, and media, respectively. Unlike MBA graduates from many other NYC schools, however, only 5 percent of Gabelli students went into consulting, signifying a deeper trend of tech continuing its encroachment on MBA talent.

Compared to many other schools on this list, Gabelli’s distinct advantage is cost. The first year of the MBA program currently costs $49,645: more than 30 percent less than the cost of the Columbia full-time MBA tuition.

NYU Stern School of Business

This may shock you, but, NYU Stern MBA students are doing pretty well, with an average starting salary of $121,146 in placement of some of the most prestigious institutions in finance (32.4 percent), consulting (26 percent), technology (16.8 percent), real estate (3.5 percent), and retail (3.2 percent). Around 83 percent of those students landed jobs in the Northeast U.S., while nearly 10 percent of graduates found positions in Asia, Europe, and South America. Nearly half of all job offers were the result of an internship facilitated by NYU.

Like the trend at Gabelli, NYU grads jumping into tech has been steadily climbing over the past few years, rising from just 6 percent of employed grads from the Class of 2014, to 17 percent for the most recent class. The incremental increase coincides with the school’s recently added Tech MBA.

Stevens Institute of Technology School of Business

In a metro brimming with very successful business schools, the Stevens Institute of Technology School of Business separates itself with an incredible employment placement rate of 94.9 percent; the best placement among all business schools in the country, according to U.S. News & World Report.

The Stevens MBA faculty claim to provide “exceptional career services much earlier than other universities.” 90 percent were employed in the industry of their choice. Starting salaries fell between $88,805—$125,000. Companies such as Goldman Sachs, Protiviti, PwC ,and Prudential offered employment opportunities for these students.

Cornell University’s SC Johnson Graduate School of Management

About 93 percent of students from Cornell‘s Ithaca and NYC campuses received employment offers within six months of graduation. The average base salary was $125,578, which was an increase from previous years “driven by salary growth in consulting and finance.” Chosen fields for students were finance (38 percent), consulting (26 percent), and general management (21 percent). Out of the 122 companies that sought 2017 graduate students, the top recruiters were Citi Group, Amazon, Deloitte Consulting LLP, Ernst & Young, and McKinsey & Company.

Even Cornell MBA students in an internship were earning some of the best salaries in the country, pulling in a reported $8,764 per month. Those figures out over a 12-month rate are more than triple the average intern salary, according to Glassdoor data.

Jan 24, 2018

MBA on the Lake: Higher Learning in Chicago & Toronto

To have some type of natural source to balance out the cacophony of city life is crucial to a healthy mind. Not every major city is a concrete jungle, completely broken off from its former natural self or its surroundings. It might surprise city slickers the amount of wilderness opportunities that exist just outside their doorstep.

Take Toronto, for instance. Situated on the shoulder of Lake Ontario, Toronto is surrounded by plateaus, deep forest, ravines, and three rivers. While other Canadian cities may beg to differ, Toronto is the financial and cultural capital of the country. It has long been a hub for migration since the days of the Huron and Iroquois and houses the five largest financial institutions in Canada.

As the heart of American transportation and distribution, Chicago’s metropolitan reputation belies its abundance of natural splendors. Located at the toe of Lake Michigan, the Second City plays host to a wide array of green spaces—arboretums, nature centers, conservatories, and botanical gardens—as well as lakeside walking and biking paths.

Both Chicago and Toronto are world centers for higher education and research, yet offer resplendent surroundings to maintain a balanced state of mind. Both offer much more affordable living situations than New York or San Francisco and are highly underrated for their cultural appeal. Whichever you choose, you will find established, reliable education in your pursuit for the proper MBA. Last month, we analyzed the best part-time offerings in both metros, but let’s take a closer look at the full-time MBA options.

Our Favorite Toronto Full-Time MBA Programs

York University – Schulich School of Business

The Schulich School of Business at York University offers 18 MBA specializations. In addition to full-time programs, the school also accommodate working students with part-time programs that offer both day and evening courses. Students are also able to switch between full and part-time status during their tenure to suit their needs. In 2016, 89 percent of students were hired within three months of graduation by 140 companies. Graduates were employed with an average salary of $91,860 USD and an average signing bonus of $12,050.

McMaster University – DeGroote School of Business

DeGroote School of Business at McMaster University offers full-time and part-time options, as well as a three-year paid work term co-op schedule. Full-time applicants are required to have one year of full-time continuous managerial, professional, or technical work experience (this is where the Co-op plan can come in handy—work as you go). The school offers seven specializations and International study. About 94 percent of recent graduates were employed within six months (over the last two years) with an average starting salary of $71,930 USD.

Western University Canada – Ivey Business School

The Western University Canada Ivey Business School is technically located just outside of Toronto, in London, Ontario. The school offers a full-time program that gives students an opportunity to work with over 200 recruiters, with about 66 percent of graduates finding jobs in Canada. In 2017, 91 percent of the graduating class received a job offer by September 1. Average starting salaries were typically around $90,000 USD with an average signing bonus of $15,000. Other compensations averaged at $9,875.

CHECK THIS OUT: Kings of the North: Should You Get a Part-Time MBA in Chicago or Toronto?

University of Toronto – Rotman School of Management

Students in the Rotman School of Management full-time MBA program are offered 16 major options and more than 90 electives to allow for a very customizable experience. Between 2016 and 2017, 85 percent of full-time Rotman MBA students were employed within six months of graduation and 80 percent landed jobs just within three months. Average starting salaries were $85,000 USD with an average signing bonus of $13,500.

Ryerson University – Ted Rogers School of Management

MBA applicants at the Ted Rogers School of Management at Ryerson University are given two full-time options: the Global MBA or an MBA in the Management of Technology and Innovation (MBA-MTI). Their Global MBA program strives to help their graduates “understand the global context of various industries and have the knowledge necessary to drive innovation and deliver as capable and confident leaders.” The MBA-MTI helps students “gain the skills needed to manage within companies that are focused on tech and innovation.” Last year, about 80.3 percent of graduates found employment within three months of graduation and earned an average starting salary of $89,250 USD.

Our Favorite Chicago Full-Time MBA Programs

Booth School of Business – University of Chicago

The University of Chicago Booth School of Business offers what the school calls the “world’s most flexible MBA program,” and is regarded by U.S. News & World Report as the third best full-time offering in the U.S. The curriculum consists of 20 classes—nine mandatory and 11 courses tailored to personal interest—plus a Leadership Effectiveness and Development (LEAD) program. As of September 2017, an absurd 97.1 percent of graduates reported having received full-time job offers within three months, with 95.3 percent accepted offers in that time. Average starting salaries were an impressive $125,000 with an average starting bonus of $25,000.

Kellogg School of Management – Northwestern University

The Kellogg School of Management at Northwestern University offers two full-time MBA variations, either to be completed in one or two years. The school’s 2017 employment report, which can be downloaded here, detailed that 94.1 percent of graduates received job offers within three months and 90.8 percent of those grads accepted job offers. The average starting salaries for graduates with three-to-five years of work experience was an unsurprisingly lavish $128,686.

Like the Booth School of Business, when comparing Chicago and Toronto programs, financial gain is clearly an advantage for those who elect to study in the U.S. However, perhaps unsurprisingly, schools like Kellogg come with a steeper tuition cost. Applicants for the One Year full-time program should expect to pay more than $133,000 for the entire program, while those in the Rotman School of Management will have to pay around $75,000 USD.

Kellstadt Graduate School of Business – DePaul University

At the DePaul University Kellstadt Graduate School of Business, students can obtain a full-time MBA with the availability of 100 courses in 20 MBA concentrations and 17 specialized Master degrees. In 2016, within six months 89 percent of surveyed graduates were employed, 14 percent being entrepreneurial, contract or freelance. Average starting salaries were about $82,200.

Liautaud Graduate School of Business – University of Illinois at Chicago

The Liautaud Graduate School of Business at the University of Illinois at Chicago full-time MBA is a 13.5 course program, with six courses designed to deepened functional business knowledge, while the remaining 7.5 are geared towards allowing students to customize their experience towards their personal career interests. They provide twelve concentrations in their MBA program.

Mendoza College of Business – Notre Dame

The Mendoza College of Business at Notre Dame University offers two traditional full-time MBA options, which can be taken in two years, or just one in a more accelerated format. According to employment statistics recently released by the business school, about 88 percent of Two-Year full-time students were given a job offer within three months of graduating, with about 86 percent of those graduates accepting the offers. Like many of the major business schools located in the Chicago metro (although, yes, Notre Dame is technically in Indiana), full-time MBA grads enjoyed a lush base salary upon employment, with an average salary of $105,000 for the Class of 2017. Median signing bonuses also ranked in the higher end of the schools on this list, coming in at around $20,000.

The Mendoza College of Business is one of the many business schools in the U.S. that has seen a dramatic shift in terms of graduates moving into the tech industry. Three industries in particular dominated when it came to employing Mendoza MBA grads: tech, financial services, and consulting. However, a slim majority (24.7 percent) joined the tech industry, enjoying salaries slightly higher than the Mendoza average, coming in at $110,000.

Quinlan School of Business – Loyola University

The Quinlan School of Business offers full-time MBA offering is one of the most affordable high-quality Chicago options out there, with the most recent full-cost of the program coming in at $73,422; comparable to many of the aforementioned Toronto programs. And unlike many of the programs on this list, Quinlan isn’t located in some quaint suburb. Rather, the school is centered right on the historic Magnificent Mile in Chicago, fully integrated into the vibrant city.

Jan 11, 2018

Finding Philly’s Best MBA Return on Investment

It’s no secret that Philadelphia’s relatively low cost of living has historically made the Birthplace of America an attractive option for those in search of a big city experience outside the skyrocketing markets of other major East Coast cities.

As people flock from the New York metro region in search of a similar urban adventure at a substantially lower price point, Philadelphia has been controversially dubbed the “6th Borough.” Word to the wise for potential b-school interlopers: never tell any Philadelphian their home has been annexed by New York City.

About 90 minutes by train from New York City, the City of Brotherly Love is no Big Apple, but it’s one-of-a-kind. Sure, tourists and locals alike grip cheesesteaks in one hand while pumping their fists on the steps of the Art Museum a la Rocky, but the city reveals itself to those who have the patience (and wherewithal) to dig into it.

Whether that means embarking on a two-year MBA program or choosing among the accelerated options available, Philadelphia just happens to be home to several top ranked MBA programs in the world. Let’s take a close look at Philly’s programs. Oh, and here’s a napkin for the wiz.

Philadelphia Return on Investment

University of Pennsylvania’s Wharton School of Business

Officially the oldest business school in the U.S., The Wharton School at the University of Pennsylvania boasts well-known alumni billionaire financier Ron Perelman, LinkedIn CEO Jeff Weiner, and John Sculley of Pepsi and Apple. Wharton’s tuition of $136,420 and estimated total budget of $195,085 isn’t to be taken lightly. However, full-time MBA graduates earn an average base salary of $130,000 with an average bonus of $20,500, and a supreme 92.6 percent job acceptance rate. So, while having a somewhat unimpressive salary-to-debt ratio, Wharton’s reputation and alumni network precedes itself.

In fact, the school recently topped the annual Forbes best full-time MBA program list, sporting the best five-year financial gain after graduation. Wharton MBA graduates of the Class of 2012 are making a $225,000 average annual salary—roughly 42 percent higher than recent grads, easily topping the cost/debt ratio of the program.

Saint Joseph’s Haub School of Business

Notable alumni of Haub School of Business at Saint Joseph’s University include CEO of NutriSystems, Inc. Michael J. Hagan, Chairman and founder of Philadelphia Consolidated Holding Corporation James J. Maguire, and Senior vice president of PNC Bank Denise Viola-Monahan. SJU’s $30,294 tuition set against an average base salary of $65,000 means the school offers a competitive MBA to those who don’t want to break the bank.

Temple’s Fox School of Business

Fox School of Business at Temple University’s notable alumni include Systel CEO Jai Gulati, former COO and president for ConocoPhillips John Carrig, and CEO of Actavis and co-founder of Health Care Compliance Association Brenton L. Saunders. Fox’s tuition sits at $57,048 for residents and $80,484 for nonresidents. With a 97 percent job placement rate compared to $25,623 average debt and a $85,278 average base salary, Fox’s salary-to-debt ratio looks attractive.

Drexel University LeBow College of Business

The LeBow College of Business at Drexel University alumni include President and CEO of Rohm and Haas Raj Gupta, former CEO of Science Applications International Corp. Kenneth C. Dahlberg, and the Phillie Phanatic Tom Burgoyne. Tuition is $59,565, and graduating MBAs carry an average debt of $43,894. With a reported average base salary of $84,080, LeBow’s salary-to-debt ratio is competitive. Considering the comparatively low price point, LeBow emerges as an incredibly attractive ROI.

Choosing the Best MBA: Philadelphia vs. Washington DC

On the surface, cities like Philadelphia and Washington DC appear to have a lot in common. Both have occupied roles as a center of U.S. history, and have transformed into exciting and ever-changing metros for both established businesses and new startups. If you’re interested in earning an MBA in a top metro area on the East Coast, it might seem impossible to choose between the two.

Even so, Philadelphia and DC offer a number of exciting—but different—kinds of opportunities for up-and-coming business professionals. Between what program you want to pursue and what kind of career you envision yourself in down the line, understanding the differences between top metros can be a crucial part of planning your future. Below, we’ll break down some of the biggest differences in location, programs, and job placement for each metro.

Philadelphia vs. Washington DC: The Differences

For ambitious business students hoping to put their education to work in a government agency, it’ll be hard to beat the nation’s capital for opportunities and experience. Even for those looking outside of the government setting, the DC metro area is home to fifteen companies on the Fortune 500 list, including corporate giants like Exxon Mobile and Walmart. Yet while such heavy hitting companies in the area provide a high earning potential, MBAs will still want to consider the high price of living in DC: currently, the city ranks as the third most expensive place to live in the country.

Check This Out: Searching for the World’s Top MBA Recruiters: Comcast

While Philadelphia may not be the city that pops into your mind as a bustling center of business, research shows the City of Brotherly Love can’t be beat when considering the job market and affordability: a 2016 survey from Adobo found that Philadelphia’s unemployment rate was 20 basis points below the national average, while the average price of a home was at or below 30 percent of the average income. MBA graduates will find no shortage of business opportunities in the city, even among major firms: in 2017, 20 companies in the Philadelphia metro made the Fortune 500 list.

Washington DC’s Full-Time MBA Programs

Featuring more than 35 higher education institutions with post-bachelor business programs, Washington DC is home to some of the top MBA programs in the United States. Fully aware that many of these programs will shape future politicians and government leaders, many of the MBA programs in Washington DC include a focus on integrity and ethics within the global business community.

Full-Time MBA Programs in DC Include:

Philadelphia’s Full-Time MBA Programs

When it comes to business schools, Philadelphia is probably best known for The Wharton School at the University of Pennsylvania, consistently named as one of the top business programs in the world. But Philly is also home to a wide range of programs with a variety of specializations. Programs like the full-time MBA at Temple University’s Fox School of Business also offer students to take their education beyond Philadelphia, with international campuses based in Italy, London, and Japan.

Full-Time MBA Programs in Philadelphia Include:

Cost of MBA Programs

Just as important a factor as cost of living, average cost for an MBA program is an important consideration when choosing where to earn your degree. As expected, top programs in both Philadelphia and Washington DC can come with a high price tag. The average cost estimate for one year at Wharton is $105,265, while tuition at DC’s Georgetown McDonough School of Business is $90,591. The average for each city, however, remains much for affordable: approximately $82,090 for programs in Washington DC, and slightly lower in Philadelphia—schools like West Chester even offer an MBA as low as $21,000 per year.

Job Placement and Salary

With so many incredible companies located in both Washington DC and Philadelphia, MBAs have the chance to earn top salaries that can go a long way in both cities. Depending on the position, MBAs in Philadelphia can make anywhere from $64,665 per year (as a financial analyst) to $104,186 per year (as a senior product manager). In Washington DC, the average salary for an MBA graduate is in the $80,000 range, with employees reporting yearly salaries of $74,758 (operations manager) up to $111,983 (marketing director).

Jan 10, 2018

Making Your Post-MBA Career with Visa Inc.

The race for superiority in the global electronic payments market is a heated one. Every major credit card company has pulled out all the stops to persuade consumers to embrace digital transactions as their primary payment method—and they are going to need all the help they can get. It’s one of many reasons why major companies like Visa are always recruiting MBAs.

Dec 14, 2017

Bloomberg Ranks Ted Rogers MBA Among World’s Best

Just a few weeks after Bloomberg Businessweek debuted its list of the top U.S. MBA programs for 2017, the publication revealed its ranking for the best international schools, with the Ted Rogers School of Management at Ryerson University being lauded as not only one of the best schools in Canada, but one of the best in the world.

The Bloomberg Businessweek ranking looks at factors such as the success rates of alumni in starting careers, starting wages, and surveys from recruiters, current students, and graduates of the program.

This marked the first time the Bloomberg Businessweek ranking has featured the Ted Rogers MBA, but the program’s success has not gone unnoticed, especially in Canada. The school is also regarded as one of the 100 best MBA programs in the world by The Economist and by the Canadian Business’ Top 10 Canadian MBA programs four years in a row. The program also placed in the top ten this year among the Bloomberg‘s ranking of top salaries and job placement for recent graduates.

Since its creation in 2006, the Ted Rogers MBA has been highly regarded for its innovative approach to business education and location at the center of Toronto’s business district. “From the beginning the Ted Rogers MBA benefitted from strong leadership, a commitment to excellence, and a focus on students’ careers,” Ted Rogers MBA Director Kim Bates said in a press release following the release of the annual ranking.

“As a startup program, we were able to configure our programs to reflect the new century and differentiate from our established competitors,” she adds. “Our career results are excellent, program delivery and commitment of faculty and staff are exceptional, and we have had support from our academic leadership to admit only high-quality students.”

French business school INSEAD led the way in this year’s ranking, taking over for the London Business School (LBS), which swapped the number one and two spots from last year. Ted Rogers, 24th overall, was one of five Canadian business schools to land on the list, with the Ivey Business School at Western University Canada earning the highest ranking among the group—11th overall.

Check out the entire 2017 Bloomberg Businessweek international MBA ranking here.

Dec 7, 2017

Gain a Global Edge with These Philadelphia International Business MBAs

Every day, it becomes easier and easier to make connections across the world, building a global network of business and resources that can help to benefit the world. Due to an increasingly global economy, possessing a deep knowledge and understanding of the way global markets work can be a crucial part of building a business career. There is almost no limit to the types of opportunities an education in global business will provide: from working in the fields of international trade, global business operations or planning or industrial development, and being employed by international agencies, non-profit organizations, governmental, or both public and private corporations.

According to Michigan State program globalEDGE, “demand continues to grow for individuals who understand the global context of business: from the logistics of international trade and cross-border investments to the cultural and ethical issues that are imbued in the practice of business around the world. By studying international business, you will learn about world cultures and societies, and be challenged to approach issues from different perspectives.”

In choosing to study international business in the Philadelphia metro area, aspiring business leaders can center themselves in a growing market at the center of United States history and global trade. We’ve rounded up some of the area’s top MBA programs that offer a concentration in international business, allowing students to gain specific knowledge and skills to make an impact in the global economy.

Fox School of Business – Temple University

Consistently rated one of the top business schools in the country, the Fox School of Business at Temple University offers students a number of opportunities to gain skills and earn a degree in the field of global business. The Global MBA program, based in Philadelphia, is taught by world renowned faculty and is designed to provide an experiential education in international economics, with live consulting, internship and professional development opportunities. Additional programs like the MBA from Temple University Japan in Tokyo and the EMBA at Temple University Paris offer further opportunities for students to gain a hands-on global experience with a strong business background.

Lerner College – University of Delaware

The MBA at University of Delaware’s Lerner College of Business gives students the opportunity to concentrate in international business, providing the solid business background they will need to effectively conduct business in a global environment. In addition to U.S. citizens looking to expand their knowledge in international business and help their organizations to expand overseas, many students in the Lerner MBA program are international, returning home with a deep understanding of U.S. customs and the ability to navigate business across borders.

Top MBA Programs Gain Ground for Gender Parity

The Forté Foundation today released its annual women’s enrollment report for full-time MBA programs at its member schools, which include many of the top business schools in the United States and abroad. This fall, women’s MBA enrollment climbed to a global average of 37.4 percent, up 4 percent over 2013 figures, when the global average was 33.4 percent women.

In fact, the last five years of enrollment data at Forté member schools reveal steady gains in the percentage of women. For U.S. schools, women’s enrollment reached 37.8 percent this fall, up from 37.1 percent in 2016, and 34 percent in 2013. And for schools outside the United States, the gains have been even greater. In fall 2017, non-U.S. Forté member schools enrolled 36 percent women, up more than 3 percent year over year (from 32.8 percent in 2016) and almost five percent since fall 2013 (from 31.1 percent).

“I’m always heartened anytime I see a 1 percent trend overall,” Forté Executive Director Elissa Sangster told Clear Admit. “Year by year, it’s pretty significant for this group of schools to steadily have that same number increase—because it’s a lot of work to get more women into the pipeline and to matriculate those women,” she continued. “But this year, in particular, seeing those other schools outside the U.S. go up 3.4 percent in one year was very surprising.”

Two Schools Reach 45 Percent Women, Highest on Record

In fact, there were many signs beyond these overall statistics that show continuing progress toward gender parity among MBA programs. For one, 17 Forté member schools this fall enrolled 40 percent or more women—as compared to just two schools that reached this milestone in 2013. A total of 26 schools enrolled more than 35 percent women, more than twice as many as in 2013 (12 schools). Best yet, for the first time ever, two schools reached 45 percent or more women enrolled—the University of Pennsylvania’s Wharton School and George Washington University School of Business. And three more schools—two in the United States and one in the United Kingdom—were close behind at 44 percent.

“The 1 percent [overall year-over-year gain] may seem small, but we’re seeing 17 out of 50 schools hit over the 40 percent mark, and that’s huge,” said Sangster. “To start seeing schools trend that direction makes a big impact because it’s a hard thing to obtain for any school at this point.”

Not only that, the progress demonstrates that gender parity is attainable, Sangster stressed.

“Although women’s enrollment in business school is a slow and steady growth story, at this rate we could reach an average of 40 percent women’s enrollment in top business schools in less than five years and 50 percent by 2030,” she said in a Forté press release. “Why is this significant? There is evidence that an MBA can provide both career advancement and significant pay gains for women, giving them greater economic mobility. And efforts to support women to pursue an MBA can contribute to a more diverse leadership pipeline at companies.”

The Forté Foundation is a non-profit consortium of top business schools, corporations, and the Graduate Management Admission Council, and its efforts to move the needle toward gender parity in the MBA and business more generally are widespread. Launched in 2001 after the results of a landmark research study, Women and the MBA: Gateway to Opportunity, Forté now has 51 member schools: 39 in the United States, four in Canada, and eight in Europe. It also has numerous initiatives to help close the gender gap.

“Our college efforts are very robust and have been growing over the last five years. We are connecting with women about their career options and bringing the MBA into the conversation early,” explained Sangster. “It’s important for women in their university years to really understand what type of opportunities they have, to have access to role models, and to know the landscape of what’s to come. I think Forté can be a real guide in that. We know that having those conversations with young women is critical.”

A few of Forté’s initiatives include

The annual Forté MBA Women’s Leadership Conference, which brings together hundreds of women MBA students and top companies each year to help attendees explore career paths, meet recruiters and mentors, and hear from influential businesswomen;
The Forté College to Business Leadership Conference, a similar event designed to introduce undergraduate women to career opportunities and summer internships at top companies;
The “Rising Star” pilot initiative, launched in September 2015, which helps undergraduate women become well-informed about their many career options, and
MBALaunch, a hands-on, 10-month program that provides guidance, resources, and ongoing feedback about the business school application process through monthly webinars, peer group meetings, and feedback from experienced advisors.

“MBALaunch allows us to give women unprecedented access to business schools, alumnae, admissions representatives, and admissions experts—and also to give them a cohort of like-minded women who can support them and encourage them through the business school application process,” Sangster said. In the past, many women went through the application process alone, she continued. “MBALaunch allows us to present the best version of those women candidates to business schools. That’s what makes a critical difference in terms of admission into your stretch business school.”

The Forté Foundation also awards a variety of scholarships through its Forté Fellows program. The program has exploded from just 33 inaugural scholarships awarded in 2003 to 1,300 scholarships awarded to the incoming Class of 2017 and another 1,100 scholarships awarded to second-year students in the Class of 2016. Overall, since 2003, Forté schools have awarded a staggering $142 million in scholarships to Forté Fellows.

It Takes an Entire Community Effort

To augment Forté’s initiatives, top business schools can continue to make progress on their own by keeping a steady eye on gender parity and getting the entire school involved in the process, said Sangster.

“The schools that are doing a great job at consistently keeping their numbers high have an entire community effort focused on the goal of gender parity,” Sangster said. “It’s not just the admissions team reviewing applications and making decisions. It’s the students enrolled in the school being actively involved in recruiting and matriculating those students. It’s the alums making phone calls and participating in local coffees or teas to talk about their own story and to reduce concerns about the investment that women will be making.”

“It’s not just one small group of people; it’s a team effort, a community effort,” she continued. “The schools that are maintaining their numbers and seeing a steady climb have a full-court press.”

So which schools are leading the way? The following 17 Forté member business schools have 40 percent or higher women’s enrollment:

Alliance Manchester Business School
Columbia Business School
Dartmouth College (Tuck School of Business)
George Washington University School of Business
Harvard Business School
Imperial College Business School
Massachusetts Institute of Technology (Sloan School of Management)
Northwestern University (Kellogg School of Management)
University of California Berkeley (Haas School of Business)
The University of Chicago (Booth School of Business)
University of Michigan (Ross School of Business)
University of Oxford (Saïd Business School)
University of Pennsylvania (Wharton)
The University of Texas at Austin (McCombs School of Business)
University of Toronto (Rotman School of Management)
Yale School of Management
York University (Schulich School of Business

And the following nine schools have 35 percent or greater women’s enrollment:

Arizona State University (W. P. Carey School of Business)
HEC-Paris
London Business School
New York University (Stern School of Business)
University of California – Los Angeles (Anderson School of Management)
University of Cambridge (Judge Business School)
University of Illinois Urbana–Champaign (Gies College of Business)
University of Virginia (Darden School of Business)
Washington University in St. Louis (Olin Business School)

To access the full Forté report, click here.

This article has been edited and republished with permissions from Clear Admit.

Nov 29, 2017

What Are The Highest Paid MBA Salaries in San Diego?

If you’re looking to take in the California sun but avoid the fast-paced and high-priced centers of Silicon Valley or Los Angeles, heading southward to San Diego may be the perfect place for an up-and-coming business professional. Recently named the eighth best big city to live in the U.S., based on livability, education, health, and a strong local economy, San Diego is increasingly becoming the perfect spot for business students looking to advance their education and start a career. Not only is San Diego the perfect spot for those breaking into well-established fields within business, but it has also been ranked by Forbes as the best city to start a new business in the U.S. Demonstrating heavy concentrations in areas that predict high growth combined with adaptability to new business methods and tech make San Diego the perfect place for young entrepreneurs to put their education to work.

Of course, a city can really only top the list for business students if it can offer quality educations and high-value degrees. In a state with a notoriously high cost of living, students thinking about pursuing a degree in San Diego will want to be sure their investment is worth it.

Thankfully, San Diego offers a number of quality business schools with graduates that are able to quickly turn their degree into a high salary and promising career. Let’s take a closer look at the business schools with the highest post-graduate salaries for MBAs in San Diego.

Rady School of Management – UC San Diego

According to the Rady School of Management at UC San Diego Class of 2017 Employment Report for full-time MBA graduates, the overall salary average for MBA students was $84,335, with a majority of graduates finding jobs in San Diego’s ever-emerging technology industry. Tech-based companies actively hiring recent Rady MBAs include Amazon, HP, IBM, and San Diego’s own Qualcomm Technologies, Inc, among others.

Not only are the post-MBA salaries high for Rady graduates, but so is the likelihood that graduates will secure a job. About 82 percent of graduates had secured a job within just three months of graduating, and 10 percent started their very own company—reflective of San Diego’s entrepreneurial environment.

University of San Diego School of Business Administration

The average salary for graduates from The University of San Diego School of Business Administration is $72,363, with a true range of salaries anywhere from $50,000 to $100,000 per year. Within just three months after graduation from the School of Business, 83 percent of MBA students would find employment, covering a wide range of industries from technology (40 percent) to consulting (20 percent) and consumer products (20 percent). Top companies such as Amazon, Deloitte, Intel, and Hewlett Packard have hired USD MBA graduates.

Fowler College of Business Administration – SDSU

The Fowler College of Business at San Diego State University also boasts some of the highest MBA salaries in San Diego. More than two-thirds of graduates from the full-time MBA program at Fowler would find jobs or promotions within three months after earning their MBA, with an average salary of $61,467. Graduates were spread through a number of industries and professional functions, the most significant percentage working in business development/sales and within the Technology/IT/Information Systems fields. Following graduation, Fowler students found jobs with some of the country’s top brands, such as The Gap Inc., GEICO, HSBC Group, and PepsiCo Inc.

For prospective MBA students looking to get paid out west, you can check out our overview of the highest paid MBA salaries in Los Angeles and San Francisco as well.

Nov 20, 2017

Online MBA Programs That Don’t Require the GMAT or GRE

Why Do Schools Require the GMAT?

Similar to how the SAT plays a role in undergraduate admission to higher education, the GMAT has been a consistent requirement for the majority of business programs globally. This standardized test has been one of a variety of factors that go into consideration when being accepted into programs. There are three main reasons that the GMAT has been part of the application process:

Reliable indicator of student success: Based on surveys conducted by GMAC, the GMAT has been a reliable indicator of student success in the classroom among MBA programs.
Equalizer in admission process to gauge quality of prospective students: The GMAT also provides a standardized test, which is applicable to all students entering admissions to top MBA programs. Other factors such as years of work experience and undergraduate GPA are subjective and can vary depending on the applicant.
Major factor in many major MBA rankings: Major publication rankings such as the Financial Times, US News and BusinessWeek take into consideration the average GMAT score for each MBA programs incoming class. For example, the mean GMAT and GRE score is weighted at 0.1625% for the US News Ranking. Historically, schools have an incentive to accept students with higher GMAT scored for ranking purposes in these major publication rankings.

Why Pursue an Online MBA?

There are many reasons to pursue an online MBA degree versus a full-time on-site MBA or a part-time on-site MBA:

Advancement in technology: The advancement in technology platforms, schools are increasingly able to provide an in-person atmosphere at remote locations for students. For example, many colleges utilize a web platform called ClassroomLIVE, which is an integrated, web-based learning environment that delivers programs in real-time from classrooms on college campus’s direct to students, in their homes, at their workplaces, or while traveling. This provides a synchronous learning opportunity where students are able to interact live with professors and other students during the class as it is taking place on campus. Take a look at an example of the interactive learning platform here.
More accepted among employers: The stigma among corporate recruiters and hiring mangers when it came to online MBA job seekers was that it was not as respected compared to on-campus MBA offerings. However, with the online MBA becoming more popular among degree seekers, corporate recruiters and hiring managers are weighing the name of your college and the type of degree you have earned is more heavily than the method by which you earned your degree.
Flexibility: One of the major issues facing MBA degree seekers is balancing their current career or family obligations while also being able to complete an MBA and the learning requirements. Many part-time programs are offered at specific locations on specific days, creating a barrier for applicants to pursue the degree offering. One of the major advantages of pursuing an online MBA program is the flexibility the learning experience offers. Many programs are beginning to offer students the option to attend the classroom learning in person, but not penalizing them for accessing the curriculum remotely.
Lower cost on average: Since the overhead cost are lower for colleges and universities, online MBA programs are typically cheaper than on-site program offerings. This is another advantage for students who are looking to complete a flexible MBA degree at a lower cost. On average, online MBA programs are about 15-20% cheaper than an on-site offering due to the lower overhead.

What Factors Should I Consider for Choosing an Online MBA?

Network of professors and faculty: The professors and faculty in your MBA program are one of the most important facilitators as you learn the curriculum of an MBA. Professors have in-depth knowledge of business practices as they apply to the real world and the best ones can challenge you to apply the skills you learn throughout your MBA to real-life scenarios to prepare you as a business professional. It is important to understand your professors background and experience and how it will impact their teaching style and expertise.
Network in the classroom: Although professors and faculty will steer high-level learning, your classmates will have a large impact on your classroom discussions, projects and case studies. Learning from experienced individuals will provide more value and insight throughout your MBA. It is important to prioritize the level of quality among your classmates to enhance your learning experience during your online MBA.
Alumni network: One of the most important assets an MBA program can provide is its inclusion to a wide range of alumni from CEO’s and CFO’s of Fortune 500 companies to presidents and general Managers of global corporations. It is important as you consider the quality of the MBA program, that you also heavily factor in the alumni network that each institution provides to its newly dubbed alumni. These networks open doors to employment and internship opportunities post-graduation.
Internship opportunities: Many MBA programs offer internship opportunities during your educational experience. MBA internships allow you to get your foot in the door while directly applying the knowledge and skills you gained during your MBA. It is also important to research the career services office to see where previous MBA students have interned to make sure the opportunities fit your goals.

What are the General Requirements of Online MBA Programs that Do Not Require the GMAT?

For applicants who are looking to bypass the GMAT and pursue an MBA that does not require the GMAT, there still are requirements to be eligible for admissions to many online MBA programs, they include:

Schools application
Bachelor’s degree
Resume
Letters of Recommendation
Personal Statement
Application Fee

Why Pursue an Online MBA That Does Not Require the GMAT or Offers a GMAT Waiver?

One of the main reasons applicants should consider pursuing an online MBA program that does not require the GMAT is because it allows applicants to receive an admissions decision without having to study for and take the GMAT. With this barrier removed, applicants are more likely to apply to MBA programs and schools are finding other requirements to ensure programs still maintain high-caliber students.

Below is a List of MBA Programs That Don’t Require the GMAT or GRE. For a Complete List of MBA Programs in the Online Metro, see our Online MBA Region Overview.

Click on a program profile below to see if you meet the eligibility requirements for that program.

Loading Programs

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Nov 20, 2017

Verizon is on the Lookout for MBA Students and Grads

Telecom giant Verizon Communications provides wireless and wired telephone, internet and television service, in addition to cloud-based services to businesses. One of the largest wireless service providers in the United States, and among the largest communications technology companies in the world, Verizon employs nearly 200,000 employees—including a large number of MBAs.

Working at Verizon

Working at Verizon has its perks. In addition to competitive salaries and performance-based incentives, benefits include 401(k) savings with company match and discounts on Verizon products. Some Verizon offices also feature in-house gyms, or discounted gym memberships. The company is also committed to lifelong learning, providing training, development, and tuition assistance

Other worthy benefits Verizon employees can take advantage of include:

Adoption expense assistance
A matching gifts program
Military discounts
Employee Relief Fund for victims of natural disasters
Best-in-class health and insurance benefits
Healthy Pregnancy Program for expectant mothers

Verizon was also recently recognized as the top company for diversity leadership by Diversity MBA Magazine.

“Being good at diversity and inclusion is not an option at Verizon. With more than 180,000 employees serving customers in more than 2,700 cities spanning more than 150 countries, Verizon is privileged to serve a very vibrant and diverse marketplace,” said Magda Yrizarry, Verizon Chief Talent and Diversity Officer.

“Being successful with a customer base like this is not possible without a diversity of people, ideas, and experiences,” Yrizarry added.

According to Diversity MBA Magazine, Verizon recruiters maintain close relationships with organizations like the Society of Women Engineers, the National Society of Black Engineers, and Hispanic Business Students and Professionals. The company also has a fantastic track record of hiring women and minorities, with women and people of color making up about 60 percent of the company’s board of directors, while women specifically make up 37 percent of senior management.

Verizon was also one of the first major companies to offer benefits to same-sex couples in domestic partnerships and provide free preventative care services to women, such as on-site mammography screenings. The company is also well-known for its practice of recruiting veterans.

“Verizon is a diverse company in its people, ideas, services, and the communities it serves,” Yrizarry said. “Our workplace culture ensures that everyone, no matter their ethnicity or background, has opportunities to contribute to the solutions required to stay relevant and competitive in the marketplace, grow professionally and advance their career.”

Joining the Verizon Team

Verizon offers a number of internships and MBA Leadership Developmental Programs to graduate business students. According to MBA Exchange, these programs offer MBAs a first-hand rotational learning experience focused in different aspects of the company. With so many different paths and career opportunities at the company, these programs are an opportunity to build strong leadership skills in a particular division of Verizon.

MBA opportunities include:

Marketing MBA Internship
MBA Business Transformation Internship
MBA Finance Leadership Developmental Program
MBA Marketing Leadership Developmental Program
MBA Product Management and Strategy Internship
Supply Chain MBA Internship

What Are These Jobs Like?

Let’s take a look at some of these Leadership Developmental Programs. The Supply Chain MBA Leadership Development Program is a two-year rotational program designed to develop future Supply Chain leaders at Verizon. MBAs work on projects that develop skills in supply chain, operations, strategic planning, and sustainability. Students in the Supply Chain MBA Leadership Development Program may be assigned to any of the following focus areas:

Supplier Management
Strategic Supply Chain Planning
Inventory Management and Logistics

Meanwhile, the Marketing MBA Leadership Development Program challenges business students with high-impact projects that develop their skills in branding, product management, and marketing strategy. The two year rotational program is designed to develop skills in:

Business or consumer product management
Marketing strategy
Marketing operations
Branding
Promotions

Who is Verizon Looking For in New Hires?

Verizon specifically states the type of candidates they are looking for in various job descriptions on the web. These jobs call for “a motivated self-starter” who is “never satisfied with the status quo.” The telecom giant seeks candidates who are always trying to beat a personal best and thrive in fast-paced environments where new challenges come up every day. Prospective hires should be flexible, dependable, and work well in varying environments.

It’s also a plus if any MBA internship candidate has:

Proven record of academic, professional and leadership achievement
Excellent organizational, analytical and critical thinking skills
Strong quantitative and technical skills
Great verbal, written, communication and presentation skills
Proficiency with Microsoft Office Suite

You can find more Verizon job opportunities here.

Nov 8, 2017

Lazaridis MBA Students Learn Sustainable Practices from Unilever Expert

MBA students at the Wilfrid Laurier University Toronto recently had the opportunity to hear from Catherine McVitty, Specialist in Corporate Social Responsibility and Sustainability at Unilever, on creating sustainable business practices.

Oct 17, 2017

The Top 5 Reasons Diversity MBA Conferences Should Be on Your Recruiting Calendar

Pictured above: Tuck second-year MBA students Bianca Goins, Sadé Lawrence, and Jodine Gordon.

More than 10,000 MBA students, business school representatives, recruiters, and business executives filled the Pennsylvania Convention Center in Philadelphia late last month for one of the largest career conferences serving minority professionals. The conference has been around since 1970, but for the first time this year the National Black MBA Association (NBMBAA) and Prospanica, the association of Hispanic professionals, joined forces to present it. The result was an incredible opportunity for attendees to network with companies and each other, take advantage of career development programming, and interview for and secure job offers from hundreds of companies spanning multiple industries.

Cornell’s S.C. Johnson Graduate School of Management had a group of approximately 55 students attend, a mix of first-year and second-year students, according to Cynthia Saunders-Cheatham, Executive Director of Johnson’s Career Management Center.

“It was double what we have had in recent years, and perhaps the largest attendance we ever had for an MBA diversity conference,” she said. “Having a joint NBMBAA/Prospanica conference, in addition to the Philadelphia location that was driving distance away [from Ithaca, NY, where Johnson is located], helped to drive attendance.” The connections that students made while there have already resulted in multiple job offers, she added.

While securing a job or internship is a primary reason many MBA students choose to attend the National Black/Prospanica conference and others like it, that’s just one of many potential benefits events like this offer. Given that this most recent conference was right here in our hometown of Philadelphia, we went to check things out for ourselves. Through conversations with attendees, school representatives, and recruiters, we’ve compiled the following list of reasons why this year’s crop of applicants should be sure to add diversity MBA conferences to their recruiting calendar next summer and fall.

1. Unparalleled Recruiter Access—Including Many That Don’t Come to Campus

The Career Expo, which took place on the last two days of the five-day National Black/Prospanica conference, filled a cavernous hall in the Convention Center and included booths from close to 300 companies spanning dozens of industries. Among them were coveted post-MBA tech employers like Google and Amazon, consulting industry leaders including Bain & Company and Accenture, and financial services firms such as BlackRock, Bank of America, and Morgan Stanley. There was a continuous gaggle at the Google booth, and one of its MBA internship recruiters, Tanya Choudhury, had to resort to wearing a sign by the second day explaining that she’d lost her voice.

Big pharma and healthcare were also well represented, with booths attended by recruiting representatives from drug maker AstraZeneca to medical products and equipment company Zimmer Biomet and many in between. Leading consumer packaged goods (CPG) firms including PepsiCo, General Mills, and Proctor & Gamble were also there, as were oil and gas giants like BP, Chevron, and Exxon.

Morgan Stanley was one of almost 300 exibitors in the conference’s packed Career Expo.

But there were also plenty of organizations that are perhaps less top of mind as potential MBA recruiters—the Central Intelligence Agency, the U.S. Department of State, Teach for America, and USAID, for example—who were just as eager to share how highly they value the MBA skillset. Dozens of leading business schools also had booths, largely to provide support and serve as gathering places for students who were attending, but also with an eye out for promising diverse talent. For example, Roberto Martinez, a Senior Talent Acquisition Consultant for Dartmouth College—home to the Tuck School of Business—was eagerly distributing glossy handouts touting the school’s varied career opportunities, commitment to diverse hiring practices, and excellent benefits. “We’re here not only to support students but also to hire more diverse staff to campus,” he said.

For Tuck second-year MBA student Bianca Goins, the breadth of companies at the expo was a big part of the draw. “I wanted a diverse group of companies to look at in a single spot,” she said. “There are so many companies here, and as second-year you can really come and pick and choose the experiences you want to have.”

Tiffany Anderson, a second-year student at Emory’s Goizueta Business School, was also impressed by the sheer number of companies present. A self-proclaimed conference veteran, she also attended National Black last year, as well as conferences presented by the Forté Foundation, the Consortium for Graduate Study in Management, Management Leadership for Tomorrow, and JumpStart. “Out of all the diversity conferences, I would certainly say this is the flagship,” she said. “Wow! There are A LOT of companies here,” she recalled thinking to herself as she walked in. More so than last year, before National Black and Prospanica teamed up, she added.

“I have seen the most people—students from many different schools and recruiters from many different functional areas of interest,” she continued. “It seems to be the most diverse in terms of attendees, degree of programming, and companies in attendance. For the majority of people, this is going to be one of the best to attend.” Anderson estimates that there were probably 30 or so Goizueta students there, a mix of first- and second-years.

2. Multiple Touch Points and Opportunities for Face Time

For some students, certainly, the primary purpose in attending the conference is to land a job. Second-year IU Kelley School of Business MBA student Henrique Barbosa, a native of Brazil pursuing travel hospitality, had a simple answer when asked why he was there: “To get a job!” He acknowledged that most of the firms he was interested in only conduct first-round interviews at the conference followed by second-round interviews on site, which lessened the likelihood of his leaving with an offer in hand. “But it would be great if it happened,” he said.

But several other students were less interested in job or internship offers—or even in early round interviews. For Jodine Gordon (Tuck ’18), the biggest factor in her decision to attend was hearing success stories from Tuck grads whose higher-level touch points with conference recruiters later helped them secure offers. “I have a couple companies on my list, but really I just want to meet as many people as possible so they can get to know me and I can get face time,” she said.

Sadé Lawrence, also a second-year student at Tuck, was likewise attracted by the opportunity to get in front of recruiters in person. “For a lot of opportunities you might be interested in, you start online at a website, applying through data base,” she said. “But coming here they now have a face with your name, and there are all kinds of organic connections that can happen,” she added. “It’s kind of amazing that you are able to build connections with people even at such a big conference, but you are. You make contacts and get lots of face time—so much more so than you can blindly through a website,” she continued. “What I have heard more of is people have an interaction with a recruiter here that leads to an interview later—here is more about entering the pipeline.”

Tuck’s Goins has taken the opportunity to network with recruiters who don’t make it to Tuck’s campus, but also those who do. “With every interaction, you are getting a more nuanced understanding of the company and can take that information and use it in subsequent interactions.”

3. Valuable Chances to Network with Peers

Goizueta’s Anderson interned in operations at Google over the summer—an opportunity she got through another diversity conference—and has been offered a full-time position on the tech giant’s Mountain View campus after she graduates. Despite having that full-time offer in hand, attending the conference still made lots of sense.

Kelley School second-year student Luis Vilchez Kupres, a native of Peru, also converted his summer internship—in supply chain operations at Cummins—into a full-time offer. So his reasons for attending the conference were not to get a job. ”I am here to support fellow Kelley first- and second-years and network a little more,” he said. He also gets to reconvene with students from other schools he met at last year’s Prospanica conference. “Often, you connect with somebody and they will help you connect with someone else,” he said. “Networking definitely helps—even among other MBA students.”

Tiffany Anderson, Goizueta MBA ’18, a diversity MBA conference veteran

For the Google-bound Anderson, the value of peer networking can’t be stressed enough. Being able to connect with students from other schools is the part she finds most enjoyable—but it’s also strategic. “When candidates are selecting a school they like to look at the size of the network they are going to get—and that’s great,” she said. “But the way I see it, I don’t have to be at Stanford or Wharton because I have friends at Stanford and Wharton. So in a way that’s kind of my network, too.”

“You have that domino effect,” she continued. If she’s trying to connect with someone at a company where she doesn’t have a contact or her classmates don’t have contacts, she can reach out to a friend at another school to see if there’s someone in their network. “Some might say, ‘Well, they’re a peer, they’re not an employer, they’re not going to get me a job.’ But there is so much more benefit to expanding your network. I don’t think everyone understands that.”

Of course, peer networking can be a two-way street. “My motivation to expand my network comes from wanting to help others as well,” Anderson said. “When you are part of these diversity networks, one of the great things is you are going to have a friend who says, ‘Do you know someone who can help me with this?’ And I can say, ‘Well, I met someone at a conference who does that very thing and I’m happy to put y’all in touch.’”

Oct 11, 2017

Want To Work For NBCUniversal? An MBA Can Help

NBCUniversal is among the world’s largest entertainment companies, bringing “the development, production, and marketing of entertainment, news and information to a global audience.” From television networks and a motion picture company to theme parks and Internet-based businesses, NBCUniversal is the perfect place for an MBA to put their degree to work.

NBCUniversal History

Both NBC and Universal were founded in the early 20th century, with Universal opening in 1915 as “the only moving-picture city in the world” and NBC as the nation’s first permanent radio networking beginning in 1926. Over the years, the companies have been responsible for some of the most memorable moments of entertainment history, such as the 1936 Berlin Olympics broadcast over NBC Radio, hosting the first presidential TV debates between John F. Kennedy and Richard Nixon on NBC in 1960, and the premier of now-classic films like Back to the Future on Universal.

In 2004, NBC and Universal officially became one company—NBCUniversal—joining together cable networks like USA, SCI FI, Bravo and others with Universal’s movie studio and theme parks in Hollywood and Orlando.

Why Work at NBCUniversal?

With such a vast portfolio of companies and networks within NBCUniversal, someone with an advanced business degree can find a number of places throughout the company that can benefit from their in-depth business knowledge and leadership. Roles are available at the company all throughout the country in a number of business fields such as Human Resources, Business Development, Communications, Finance & Accounting, Marketing, Ad Sales, Public Relations, and more.

Getting Your Foot in the Door

NBC Universal offers a number of Internships and Campus 2 Career programs that give opportunities to both undergraduate and graduate students, with many of these opportunities can lead to full-time roles. Through the Campus 2 Career center at NBCUniversal, a number of roles are available in fields like Marketing, Human Resources, Web Content Management, Ad Sales and more.

Every semester, recruiters from NBC Universal request interns through the Campus 2 Career center. The company also hosts special recruiting and networking events, working alongside organizations such as the Society of Hispanic Engineers or the National Black MBA Association (NBMBAA).

YOU MIGHT ALSO LIKE: Top MBA Recruiters: Time Warner

Typically, internships at NBCUniversal run from three to four months long, coinciding with the school semesters. The internships are paid, although salary varies by department, and—while not guaranteed—can often result in getting hired for a full-time role with the company.

For recently graduated MBAs, the company also offers a number of Early Career & Leadership programs, such as the East/West Coast Page Program or the Experienced Commercial Leadership Program.

What Type of Jobs are Available?

Through the Campus 2 Career program, NBC Universal has a number of openings for interns in a variety of business departments. Below are just some of the roles currently available at the company which specifically seek MBA candidates.

Digital Distribution MBA Intern—Universal City, CA
MBA Strategy & Business Development Intern—Universal City, CA
Home Entertainment: MBA Strategy Intern—Universal City, CA

NBCUniversal is dedicated to advancing the careers of individuals who are passionate about their work and want to move into higher-level management or leadership roles. Programs like the International Future Leaders Programme expose early-career post-graduates to four different roles over the course of two years, allowing them to experience work in all three of the company business units. Participants in this program will also gather together at the end of the program to work on a project with a real impact within the company. They will also attend a number of courses specifically designed to train up-and-coming managers.

Programs like the NYU Stern School of Business full-time MBA, which gives students an opportunity to focus their studies towards earning a career in the entertainment industry, give a definitive advantage. Several Stern MBA grads do, in fact, work with the entertainment giant.

Even if the path of an MBA may not be your preferred journey, you can always become a page.

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York University – Schulich School of Business

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CHECK THIS OUT: Kings of the North: Should You Get a Part-Time MBA in Chicago or Toronto?

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YOU MAY ALSO LIKE: How Philadelphia MBA Programs Help Lower-Income Applicants

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Check This Out: Searching for the World’s Top MBA Recruiters: Comcast

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YOU MAY ALSO LIKE – Searching for the World’s Top MBA Recruiters: Comcast

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Working at Verizon

Joining the Verizon Team

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1. Unparalleled Recruiter Access—Including Many That Don’t Come to Campus

2. Multiple Touch Points and Opportunities for Face Time

3. Valuable Chances to Network with Peers

NBCUniversal History

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Getting Your Foot in the Door