Tag Archives: HBS

Top-3? Top-6? Among elite MBAs does it really matter where you go?

I found myself following a discussion on the Businessweek “Getting into B-School” forum. The thread is headed: “Does rank really matter among top 6?”

I select extracts to present here because the comments — before they descend into the flaming and slanging that bedevils these forums — deal with important (and corrective) thinking about what matters with rankings, and to whom, and helps understand how US program rankings are perceived internationally too. It finishes with common sense that I endorse.

Original question: “Does rank really matter among Top Business schools? With my European point of view, I consider that there are only 6 Top Schools (in descending order): HBS, Stanford, Wharton, Columbia, Booth and Kellogg. Actually, I don’t really care about rankings here: my only criteria is prestige (which in my view is the only thing you can’t ignore when applying to business schools). In Europe, these schools are famous: if you say Stanford or Columbia, everybody knows what you’re talking about. [But]If you say Tuck business school (at random), very few people will have heard of it regardless of the quality of the school.

“So my question is: among this prestigious top, does is REALLY matter if you go to one or another? On this forum we can often read that if you go to HBS it is infinitely better that if you go to Wharton but Wharton will change your life so much more than Kellogg, and so on and so forth.”

Response: “In France [among] 100 person taken randomly in the street and educated in France, 100 will know about HEC, 90 about Harvard, 3 to 5 about Stanford, Wharton, Kellogg, Columbia and 10 maybe will know about INSEAD. But I would say that 90 will know about Yale, Princeton, 100 about Oxford, Cambridge.”

Response: “As a Frenchman I feel the need to throw in my 2 cents on this one. INSEAD is hands down the strongest MBA brand in France. Does every random person on the street necessarily know the name? No, but who cares? The employers do.”

Response: “I would like also to add that the education at the top business institutions is quite the same. I highly doubt that you will learn better investment management in Chicago or Wharton than in Yale, Haas or Fuqua. If you visit those schools, you might get surprised by the background of the faculty. You might take a class at Berkeley taught by a Yale alumni or even receive Michael Porter at Tuck.”

Response: “Although I agree with the notion that the value of an MBA drops as the ranking drops, I do not agree that there is a substantial difference between similarly ranked programs. Every objective metric I can think of (starting salary, quality of recruiting companies, average salary of graduates after 20 years etc.) clusters most top 15 programs closely together. The main exception seem to be HBS and Stanford. Another objective metric are the GMAT and the GPA. Those two metrics are hardly distinguishable in the top 15 programs, including HBS and Stanford.”

Original: “I’ve reached my conclusion I believe: go where you think you belong regardless of what people say/think. I chose to apply to Wharton and CBS finally even if i totally agree HBS/GSB are more famous and Booth/Kellogg are great schools simply because i think it will teach me what i want to learn in my specific field…And education among them is NOT that different, apart from some specialties that should ultimately lead your choice.”

The business school campus visit, and how the HBS Director of Admissions writes about it

Keeping up with Adcoms’ blogs as I do (and I suggest MBA applicants do too) my eye stopped on this recent post by Dee Leopold, Director of Admissions at HBS.

It offers two things: First it clears up some of the shibboleths of who’s noticing what in your b-school visit and how it is weighed in admissions. (What is true of Harvard is broadly true of other schools too.) Second, just as important, it’s worth noting as a writing sample. Here’s the text:

“Lots of questions on the road from prospective applicants about visiting schools.

Answer: We always welcome visitors to campus. It’s beautiful here and we have lots to show you. Do you need to make a pilgrimage in order to send a signal to the Admissions Office? Absolutely not. Visiting campus has absolutely no impact on how your application is reviewed. It may have a gigantic impact on how enthusiastic you are about US – that’s where the value-added comes into play.

Are we going to ask you to sign-in to an information session? Yes. Do we use that list in the evaluation process? No. So why do we ask you to do it? To track whether these sessions have any impact on whether an attendee chooses to apply to HBS or not, i.e. standard market research. If we found out that no one who attended an info session chose to apply to HBS, you’d better believe that we would make some changes!

When may I visit classes? This is the tough question. For those applying in Round One, it’s not possible to visit a class before the October 1 deadline. Why? Our first year students begin classes in early September. Our first priority is for them to get settled into the classroom. We have limited seats designated for visitors in each class – and we could fill them every day of the year. The faculty likes for the first few weeks of the first semester to be “students only.” We rely on the students in sections to be hosts for our visitors – and they really aren’t ready to do that right away. Class visits will begin in mid-October; information about the sign-up process will be posted on our website.

Applying to business school(s) is expensive and stressful. The last thing you need is to make it a scavenger hunt in which you need have “visited campus” checked off the list.

So…the message is: We welcome you to visit HBS – but don’t think of this as a “command performance.”

The takeaways and more:

(a) Visiting is good because it will create in you a much sharper appreciation for the school and its particular form of MBA offering. It will help you refine your list of target schools, and make your applications essays more naturally enthusiastic and therefore convincing. But visiting is not a formal requirement and is not weighed by Adcom in deciding whether to admit or ding you.

Where possible, register your visit with Adcom. Note that campus visit programs only start when MBA programs begin (after Labor Day) and some programs like HBS delay class audits to allow new MBA cohorts to bed themselves down without distractions.

Use your time with admissions and/or school marketing reps wisely, that is, to ask pointed questions about particular aspects of the program or the school that are relevant to your career progress, so that you come away with specific information that will help you make the right school-choice decision, and then help you motivate this convincingly in your essays and interview.

By the way, the formal visit program will only take you so far. To go deeper into the school’s culture, get talking to students. If you walk up and say “Hi, I’m a prospective applicant, may I ask you about your experiences at this school so far …” it is likely you will get a friendly and informative response.

(b) I’m aware it’s dangerous to offer HBS blog text as a writing model because applicants will mimic this style. Do NOT do this. But it has elements worth noting. It’s informal-formal, like recorded speaking. There are no mistakes, but the copy is not stiff and overly “written.” In this way Dee comes across like someone you’d like to meet. Also note the the rhetorical question-and-answer style. It doesn’t always work, but when it does it is a superb device for getting information across quickly and clearly. Overall the text has a crisp, to-the-point feel, but it is not rushed or clipped.  Your MBA admissions essays are not a blog, but information-laden crispness that suggests you are worth meeting is exactly what you are looking to achieve.