Babson’s MBA Program Gets a Makeover

Everyone tries to change their wardrobe a little each season. Especially with the changing economic times, you need a new look.  Well that goes for MBA programs as well.  And with Babson College it is not just changing the drapes.

The school recently announced its program will undergo a complete transformation in Fall 2011. Its new curriculum provides a single MBA program that has four options and is based on the motto: “Common Core, New Courses, Experiential Learning, Entrepreneurial Thought & Action.”

The program will remain consistent for the 12-month, 24-month, evening, or blended onsite/online options so that “all Babson MBA graduates will emerge with the same extraordinary skills and experiences with which to launch or propel their career.”  However, the program will still have a new look that includes more hands-on activities and restructured course schedules to give students time to network and engage in co-curricular activities. Two new core courses will be offered—’Managing at the Crossroads: International Economics, Business, and Government’, and ‘Global Connections Through Technology.’

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2011 Rankings: BW’s Best Undergraduate Business Schools

  

BusinessWeek‘s 2011 ranking report reveals that more than ever, college applicants are seeking a global experience, especially those who plan on pursuing an undergraduate degree in business. Undergraduate business programs are responding by creating more immersion options, overseas internships, and business-related study abroad opportunities. Some schools are even offering business courses that require students to go abroad. Many schools are implementing international experience requirements, maintaining that global exposure is essential in today’s market.

For example, Notre Dame Mendoza, BW‘s top pick for the second year in a row, offers study abroad options in Haiti, Egypt, and South Africa, among many other places, and encourages students to pursue business research projects abroad as well.

Below we have posted BW‘s top 20 undergraduate business schools.

Top 20 Best Undergraduate Business Schools 2011 (Last year’s position is in parentheses.)

1.      Notre Dame Mendoza (1)

2.      UVA McIntire (2)

3.      Emory Goizueta (7)

4.      UPenn Wharton (4)

5.      Cornell (5)

6.      Michigan Ross (8)

7.      Villanova (20)

8.      UNC Kenan-Flagler (14)

9.      MIT Sloan (3)

10.  Georgetown McDonough (23)

11.  Brigham Young Marriott (11)

12.  Richmond Robins (15)

13.  UC Berkeley Haas (6)

14.  Washington Olin (13)

15.  NYU Stern (12)

16.  Boston College Carroll (9)

17.  Texas McCombs (10)

18.  Indiana Kelley (19)

19.  Wake Forest (18)

20.  Babson (17)

You’ll notice there were quite a few significant shifts this year. Three new schools made it into the top 10—Villanova, UNC Kenan-Flagler, and Georgetown McDonough—ousting UC Berkeley Haas, Boston College, and Texas McCombs from their top 10 positions of last year. The only school new to the top 20 list this year is Georgetown, taking a slot away from Miami Farmer.

For more information on methodology, please see BW‘s article, “How We Ranked the Schools.”

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A Few of the Mostest at Accepted.com

This is the time of year to look back at the most, best, (worst), etc. I am going to stick to the positive.

Top Ten Most Visited Accepted Admissions Almanac Posts of 2010:

In a nutshell, rankings and application tip posts rule. (I am only listing the current tip post when last year’s tip post also made the list):

  1. Financial Times Global 2010 MBA Rankings
  2. Forbes ROI MBA Rankings for 2010
  3. Harvard HBS 2011 MBA Application Questions, Deadlines, Tips
  4. INSEAD 2011 MBA Application Questions, Deadlines, Tips
  5. NYU Stern 2011 MBA Application Questions, Tips, Deadlines
  6. Common Application Essay Tips
  7. Columbia 2011 MBA Application Questions, Deadlines, Tips
  8. 2010 MBA Rankings Released by BusinessWeek
  9. Kellogg 2011 MBA Application Questions, Deadlines, Tips
  10. London Business School 2011 MBA Application Questions, Deadlines, Tips

Three Most Commented Accepted Admissions Almanac Posts of 2010

  1. Harvard HBS 2010 MBA Application Questions, Deadlines, Tips (269)
  2. INSEAD 2010 MBA Application Questions, Deadlines, Tips (246)
  3. INSEAD 2011 MBA Application Questions, Deadlines, Tips (60)

Keep ‘em coming! (Please post your questions about this year’s applications on this year’s tips.)

Five Most Popular Articles on Accepted.com of 2010:

  1. Go for the Goals in your Statement of Purpose
  2. Tips for Writing Letters of Recommendation for Medical School
  3. 4 Must-Haves in Residency Personal Statements
  4. MBA Admissions: Low GMAT or GPA 
  5. Sample MBA Interview Questions

Most Popular Resources of 2010:

Our Absolute, Best, Most Superlative Asset: YOU, our readers, followers, fans, subscribers, and most of all, our clients.

On behalf of Accepted’s staff, this post is where I

Thank you, all of you Acceptees, for making 2010 our best year ever!

By Linda Abraham, President and Founder of Accepted.com.

American Students Lazy? True or False

Is it fair to accuse all American students of being lazy?

Inside Higher Ed chronicles an interesting discussion sparked by Babson College faculty member, Kara Miller, about the nature of American students. Her claim, which she presented in the Boston Globe last month, was that American students are lazy, especially when compared to their international classmates.

Miller brings many examples to support her claim: American students are the ones likely to be texting under their desks, checking email, and generally giving off the appearance of being “tired and disengaged.” These American students are also more likely to be receiving Cs, Ds, and Fs than the international students in her classroom.

Many criticize Miller for her allegations. Some offer respectful rebuttals, like Dennis Hanno, dean of Babson’s undergraduate program, who argues that “real data derived from the performance of students at Babson and elsewhere…illustrate the folly of ascribing the term ‘lazy’ to any one category of students.”

Another contributor says that while American students may be lazy, they one-up their international competition by bringing creativity and independence to the classroom, something that international students lack.

Some offer less productive input: “Sounds like a typical egghead liberal professor who think[s] there’s a correlation between the classroom and the real world. Sorry, teach, but our American kids know that college is for boozing, drugs and hooking up. They’ll start working hard when it matters—the day they get their first job.”

The vast majority of readers, however, agreed with Miller’s assessment. One Boston area professor supports Miller and says:

Based on my decades of college teaching experience [Miller] is exactly right. What she leaves out is that we are dealing with a generation of students that have been left behind by No Child Left Behind, supervised by ‘Helicopter Parents.’ Students now feel entitled to high grades despite little work and want their hands held on every assignment.

Another professor weighs in on the American-International comparison and adds, “The biggest difference I noticed with domestic and international students was the ability to handle criticism. Domestic students tended to be very defensive when pointing out what can be improved.”

Another supports this by saying, “Many of the U.S. students expect to be given A’s for inhaling and exhaling, and look at you like you have four heads if you suggest that perhaps coming to class, doing homework, and studying might improve their grade.”

Whether Miller’s accusations are true or not will always be up for debate. But American Babson student Lauren Garey raises one final point about Miller’s Babson experience:

Miller’s spring teaching schedule comprises of [sic] three introductory liberal arts courses at a business-specific college. Therefore, although I do not dispute her individual class results, I believe that a larger, better-rounded perspective needs to be analyzed in order to prove the validity of the assertions made regarding American students.

Garey is right—maybe it’s not right to judge an entire population based on one teacher’s experience of three introductory courses.

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MBA Admissions News: Tuck, Rankings, Global Entrepreneurship, MBA Interviews

Let’s take a look at a few developments during a busy October for MBA applicants:

  • The Dartmouth News published an article about the increasing percentage of women at Tuck with a couple of factoids about Harvard and Wharton. Unfortunately, there is an inaccuracy in the article regarding a non-existent experience requirement at Tuck. I checked with Dawna Clarke, Director of Admissions, who clarified,  “While the average years of work experience (at matriculation) is 4-5 years, that is not a requirement for admission.”
  • The Economist this week published its eighth annual rankings of international business schools, which it bases on responses to surveys sent to students/alumni and over 100 top MBA programs. The criteria are “open new career opportunities; personal development and educational experience; increase in salary; and potential to network.The Economist’s Top Ten:
  1. IESE
  2. IMD
  3. Haas
  4. Chicago
  5. Harvard
  6. Tuck
  7. Stanford
  8. London Business School
  9. Wharton
  10. Vlerick Leuven Gent
  • New Global Entrepreneurship Program. EMLYON in France,  Babson College in the USA, and Zhejiang University in China have partnered to create the first ‘Global Entrepreneurship Program’ which opens its doors this month. The program begins with 65 students, who will study on each of the three campuses en route to earning an MSc in Entrepreneurship.
  • First round deadlines are slowing getting checked off, and their passing means that round one interview invitations will be arriving soon. In fact, they have already started to arrive. As a result, BusinessWeek just published an excellent piece, “Acing the MBA Application Interview“, which I want to bring to your attention along with the many MBA interview resources at Accepted, specifically: