Lauder Institute 2020-2021 JD/MBA: Application Deadlines, Decision and Notification Dates
Lauder Institute JD/MBA 2020-2021 Application Deadlines
If you are applying to the Lauder Institute JD/MBA in 2020-2021, MetroMBA has compiled all the necessary information you need to know for your application below:
| Application Round | Application Deadline | Deposit Deadline |
|---|---|---|
| Round 1 | Sept. 15, 2020 | Dec. 16, 2020 |
| Round 2 | Jan. 5, 2020 | Mar. 25, 2021 |
Spring Start
The academic calendar for first-year students at Lauder begins in May. That means MBA students are on the University of Pennsylvania campus before the bulk of their Wharton classmates arrive, so they get a head start when it comes to making friends in the Lauder Institute’s tight-knit community. JD/MA candidates start the program just after their first year of law school ends, so they are already well-oriented to the Penn campus and Philadelphia. All students graduate from Lauder with their business or law school class.
Highlights of the Lauder Institute MBA/MA 2021 Class
If you are researching programs and deciding on where to apply, it is important to understand where you stack up against the competition. Below are important metrics for the Lauder Institute MBA/MA.
| Category | Statistics |
|---|---|
| Class Size | 81 students |
| Average Age | 28 years |
| Countries Represented | 30 |
| Class Split | 54% male, 46% female, 28% international |
What the Lauder Institute JD /MBA 2020-2021 Program Expects from Applicants
Expectations
Students come to the Lauder Institute from a diverse assortment of countries, industries, and educational backgrounds. In the aggregate, they speak dozens of languages, and all enter with advanced knowledge of at least one language other than English.
Given the diversity of the applicant pool, the Admission Committee has no formula for success in the admissions process. Generally speaking, a successful application demonstrates the following:
- Strong passion for international and global issues
- Excitement about learning about new cultures and exploring the world
- International experience through professional, academic, or personal experiences
- Good command of one or more foreign languages, often through extensive academic study, professional or personal overseas experiences, or as a heritage speaker
Additional Resources
- The application process can be overwhelming, fortunately you can view FAQ, Essay Topic Analysis, Interview Reports and much more via Clear Admit’s Lauder Institute in-depth school profile here.
By the Numbers: The World’s Most Valuable MBA
There are many different ways to define “lucrative”—so when trying to find the world’s most valuable MBA degree, there are a few different metrics you can use to draw a conclusion. Lucky for us, the new Financial Times global MBA ranking manages to list the world’s top MBA programs in (almost) every way imaginable, including highest weighted salary, salary increase, and value for money. Sounds lucrative to me! Continue reading…
Temple Winners, Wharton Blockchain, and More – Philly News
Summer may be just beginning, but that doesn’t mean class is out for Philadelphia business school news. Here’s this week’s Philly news brief.
Fox School Announces Second Annual IMPACT Award Winners — Fox Newsroom
The Temple University Fox School of Business recognized outstanding staff members at the second-annual IMPACT Awards ceremony late last month, honoring staff who demonstrated the ability to collaborate effectively as groups to deliver impactful service, teaching, and research contributions. The awards are also held with Temple’s School of Sport, Tourism, and Hospitality Management.
This year, 16 groups representing the accomplishments of 70 faculty and 86 staff members earned nominations. The three winners were:
- The Fox Global Immersion program
- The Temple University Entrepreneurship Academy (TUEA)
- The Fox Center for Undergraduate Advising.
Winning groups took home glass trophies, customized merchandise to commemorate the achievement, a special group experience, and financial rewards.
To read more about the winners, click here.
Penn Launches Strategic Collaboration with Ripple — Wharton News
The University of Pennsylvania Wharton School and the School of Engineering and Applied Science recently announced the launch of The Ripple Project: a collaboration with blockchain-based global payments leader Ripple that aims to support academic research, technical development, and innovation in blockchain, cryptocurrency, and distributed ledger technology.
Geoffrey Garrett, Dean of the Wharton School, proclaimed during the announcement that:
“Blockchain represents the fusion of technology and finance spanning schools and disciplines well beyond Wharton. The Ripple Project will transform the way our students and faculty look at blockchain and its potential to change the world. We are thrilled to welcome Ripple’s collaboration as we prepare future leaders who will shape the future of how this dynamic technology is developed to transform fields as diverse as finance, logistics, and healthcare.”
Penn is one of only 17 universities around the world partnering with Ripple and its University Blockchain Research Initiative. Each university has the autonomy to determine its own research topics and areas of focus.
You can read more about this exciting news here.
EMBA vs MBA: Which Is Right for Me? — LeBow News
The LeBow College of Business recently published an article to help prospective MBAs choose between their EMBA and MBA programs. The piece compares and contrasts the Experience Level, Class Style, and Curriculum of both programs.
MetroMBA has ranked LeBow’s EMBA as one of the best in the Philadelphia metro area. Check out how the two degree programs match up here.
Villanova Wins, Wharton and Temple Land Donations, and More – Philly News
Philadelphia was up late this week watching the Villanova win its second NCAA Championship in three years, but that wasn’t the only exciting news out of the City of Brotherly Love. Here’s your weekly Philly business school news brief!
William P. Lauder Endows the William P. Lauder Wharton Leadership Fellows Program with $4 Million Gift — Wharton News
The Wharton School at the University of Pennsylvania announced that alumni William P. Lauder has committed $4 million to endow the William P. Lauder Wharton Leadership Fellows Program. Wharton Leadership Fellows are second-year MBA students who mentor, coach, and support first-year students in developing their potential and strengthening their performance as learning teams.
“I have always believed that great leaders are also great teachers, coaches, and mentors,” said William P. Lauder, who serves as Executive Chairman of The Estée Lauder Companies. “That’s what I expect of leaders at The Estée Lauder Companies, and what I hope to model for MBA students … I am thrilled to support this outstanding program’s continued growth and evolution.”
Lauder is also a member of the University of Pennsylvania Board of Trustees, the Lauder Institute Board of Governors, the Wharton Leadership Advisory Board, and a lecturer in the Wharton School. His family has a track record of giving back to the Wharton community, including funding for the Lauder Institute, student fellowships, and numerous capital projects, such as the recently completed New College House at 3335 Woodland Walk.
Read more about Lauder’s gift and the Leadership Fellows program here.
Stanley and Franny Wang Make $2 Million Gift to Fox School of Business — Fox School News
In similar news, a $2 million gift from Temple alumni Stanley and Franny Wang will support a fully endowed chair professorship at the Fox School of Business, and create an endowed fund for the Stanley and Franny Wang Chair in Business and Management. According to dean Dr. M. Moshe Porat, the fully endowed chair will be held by a leading scholar in a department soon to be chosen.
“I am continually humbled by the generosity of our school’s graduates, and Stanley and Franny Wang serve as shining examples of this philanthropy,” said Porat. “The Fox School has a proud tradition of providing leading and cutting-edge business education. Stanley and Franny’s transformative gift will significantly enhance our efforts to attract the world’s top professors and most-renowned researchers—both now in our centennial year and throughout the school’s next 100 years.”
Learn more about the Wangs and their generous gift to Temple here.
Associate Professor Korschun Receives Fulbright Award, 2nd for LeBow Faculty in 2018 — LeBow News
Daniel Korschun, associate professor of marketing and Stephen Cozen Research Scholar in Marketing, has received a Fulbright award to travel to Italy for a research project. According to a press release, Korschun will teach and conduct research on political statements by corporations at Libera Università Internazionale degli Studi Sociali Guido Carli from September to December 2018.
“With the two-party system here in the United States, these decisions are made in a simpler context,” Korschun said. “In Italy, they don’t have that—there are a lot more shifts in how people see their political identity. That makes it more complex to disentangle what’s going on in people’s minds.”
Korschun is the second LeBow professor to be awarded with the prestigious Fulbright Award: Economics Professor Konstantinos Serfes received a Fulbright award to visit the University of Exeter in the United Kingdom during spring 2019.
Read more about Drexel’s Fulbright Scholars here.
Villanova’s Title Proves it is the Best Team—and Program—in All of College Basketball — ESPN
Okay, okay—not business news—but a big deal for Villanova and the surprisingly championships-filled city of Philadelphia.
Why McKinsey & Company Loves Hiring MBAs
McKinsey & Company is considered one of the most prestigious management consultancy firms in the world, with a clientele that includes 80 percent of the world’s largest corporations, along with an extensive list of governments and non-profit organisations. The firm is also a prestigious landing spot for MBAs following graduation. Continue reading…
How the House Tax Cuts and Jobs Act Could Affect Grad Students
Days before the House of Representatives voted to pass the House Tax Cuts and Jobs Act on the morning of Thursday, November 16, budget experts at the Wharton School at the University of Pennsylvania broke down the proposed bill, discussing its broad potential impact.
The breakdown, per the Wharton Budget Model, focused on three principle findings:
- “This brief reports Penn Wharton Budget Model’s (PWBM) dynamic analysis of The House Tax Cuts and Jobs Act (TCJA), as amended and reported out by the Ways and Means Committee on November 9, 2017.”
- “After including the tax bill’s effects on economic growth, TCJA is projected to reduce revenues between $1.5 trillion and $1.7 trillion. Debt rises by about $2.0 trillion over the same period. Looking beyond the 10-year budget window, by 2040, revenue falls between $3.6 trillion and $4.4 trillion while debt increases by $6.4 to $6.9 trillion.”
- “In 2027, GDP is between 0.4 percent and 0.9 percent higher than with no tax changes. By 2040, the difference between GDP under the House tax bill and current policy is between 0.0 percent and 0.8 percent, due to larger debt.”
The research focused on broader implications, rather than zeroing in on how the bill potentially effects different socioeconomic classes. In conclusion, the research “projects that The House Tax Cuts and Jobs Act reduces federal tax revenue in both the short and long-run relative to current policy. In the near term, there is a small boost to GDP, but that increase diminishes over time.”
Brian Naylor at NPR notes that the bill was passed mostly on bipartisan terms, with Republicans in the U.S. House of Representatives largely pushing it through to the Senate without much push-back. “The vote was almost along party lines, with no Democrats voting in support of the bill and some GOP defections over provisions in the measure that would eliminate important tax deductions taken by constituents in some high tax states,” he writes.
The bill is less likely to pass in the Senate as it did in the House, according to reports from the New York Times. If it were to, however, the new legislation would directly affect graduate students across the board—including MBA students.
Section 117(d) of the bill, which can read here, indicates that all graduate students that receive any kind of tuition waiver will still have to pay taxes on the removed costs. For MBA students at schools like the Tepper School of Business at Carnegie Mellon University, this could mean a year-end cost increase of at least 25 percent, if not more. For students in Ph.D. programs, which often give tuition waivers to help bring in valuable research, the costs can be significantly higher, according to CNBC.
“This makes graduate school unattainable for anybody not already very well off,” 24-year-old grad student Kelly Balmes told NPR. “It also creates a diversity problem, which graduate STEM programs already have.”
