Look ahead and count the Carey School among the top-10 MBA programs

The Carey School? Never heard of it? It is Johns Hopkins University’s school of business, as renamed in 2006 when the university received a $50 million endowment from banker William Polk Carey.

It’s well known that JHU has been a bit of an oddity — a top-tier university with relatively little offering in business management. It has had a part-time program available at its Washington, D.C., campus, but nothing that attracted serious attention. Now that’s all changed. As reported in BusinessWeek, Johns Hopkins University is launching a new MBA program in August, in Baltimore, and it intends to become one of the world’s best.

The admissions implications are this: for a while — a few years — Carey will be relatively easy to get into. It will quickly move up the ranking based on the stellar JHU brand (it is particularly renown medical and public health schools) and soon will be as hard to gain admission as at any top program. If you’re prepared to think a little creatively, and move quickly, you can have a top-tier MBA ticket even if you’re likely to face a lot of dings from the established schools.

As BW reports, the Carey School is seeking to distinguish itself by designing a curriculum that will capitalize on Johns Hopkins’ strength in medicine and public health, have a focus on emerging markets and ethics, and encourage innovation and entrepreneurship.

Yes, there will be challenges. As a prospective student you should be aware that the Carey alumni network will be nascent at best, and career services won’t have a lot of clout in the market. The school’s inaugural dean, Yash Gupta, is busy recruiting top faculty and still working on AACSB accreditation, and this could all fail. But, brand capital in the bank says chances are it will succeed. And, as with Oxford-Said and Cambridge-Judge in the early days, top-tier admissions is currently there to be had even if you’re a long-shot applicant.
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Business jargon will sell a book, but it won’t sell you to Adcom

I try to keep this MBA Admissions blog fresh and personal (like an MBA essay should be!) and don’t just rehash or repost keyword-rich MBA admissions news. In this spirit I offer you a bit of whimsey from The Wall Street Journal “Speakeasy” where Teddy Wayne explains how his job as an MBA essay editor provided the inspiration for his novel Kapitoil.

He says:

“Of the many jobs I held during my desultory postgraduate days in the early 2000s, the one that made the deepest impression was editing MBA application essays for a Web site. For two and a half years, I downloaded essays from strangers, made comments and suggestions, copyedited grammatical errors and uploaded them without any human contact. It wasn’t very rewarding work — but it did help inspire my debut novel, Kapitoil.”

So here’s insight number one. Dare I point out that if you go the big-MBA-admissions-consulting-shop route, this is the kind of person who is reviewing your essays. The business model is: your work is outsourced to unemployed graduates in the arts and humanities. These editors may not be empowered to have interactive contact with you, and they may not be highly motivated. (Yes, there are exceptions.)

Anyway, Wayne goes on to his main point:

“The applicants’ knowledge of business jargon was deeper than my own. Everything was “leveraged”; “skill sets” were “broadened”; they were all striving to achieve “short-and long-term objectives.”

“What if, I began thinking, I wrote a novel from the perspective of a character who, like these business-school aspirants, was so immersed in the language of late capitalism, so caught up in its buzzwords and phrasings, that he not only wrote and spoke in it, but thought in it?”

… “We all do it, consciously or not. Friends who are low-paid writers speak about how “at the end of the day,” “the bottom line” is that we have to “touch base” and reach for the “low-hanging fruit.”

“The language of commerce has now fully cemented itself in our vernacular, functioning the way sports, military, mafia and street slang has in the past: as a shorthand for when we’re too unimaginative or lazy to come up with original sentences.”

Here’s insight number two. Adcom members are as sensitive to business jargon as Wayne is, and view it in an equally dim light. Read Kapitoil. Have a laugh. But don’t talk like that in your MBA essays or interview.