On Monday, May 1, Chicago Booth stated that businessman and philanthropist Ross Stevens, Ph.D. '96, had given the school's Ph.D. program $100 million to help push the boundaries of academic business research. The program will be called the Stevens Doctoral Program to honor Stevens.
People often decide to pursue an MBA without giving it much thought, but that's not a good idea. Before you start getting ready to apply, you should really think about why you want to get the degree and make sure it's the right choice for you. Here are five indicators that can help you decide if you're ready to apply to business school or not.
Have you ever woken up from a recurring nightmare in which you had to take an exam for which you hadn't studied? No one likes the feeling of not being prepared. And this worry takes over many parts of our professional lives. No one wants to be caught off guard in front of an MBA admissions committee, a current client or boss, or even a networking event. The answer is to be confident in all of these conversations and presentations. How? Preparedness. In this blog post, we'll talk about what you should do to get ready for a variety of common career scenarios.
Becoming a great manager is essential for becoming a great leader. Good managers not only extract great output from their employees, but they also relieve the executive team of most of the day-to-day operations, allowing them to focus on more tactical challenges. Leaders develop a vision, while managers develop goals and guide their teams toward shared goals connected to that vision. This blog post will go over five strategies to becoming a successful manager.
The "fail fast, fail often" mentality of startups, where it's accepted that failing is not just something to be endured but a crucial step on the path to success, has given this idea new life. How accurate is this widely held notion, though? When exactly can failure be advantageous? Read this blog post to help turn your negatives into positives for your MBA application.
Why has Haas put their Defining Principles right at the top of the application? The simple reason is that you have to hit all four principles throughout your application. The admissions committee should be able to see that these ideas are reflected in your background, goals, and why you want to go to Haas.
The weight of imposter syndrome can be soul-crushing. Especially, when numerous MBA application deadlines are nearing. The overshadowing worry you feel that you are not worthy to be accepted into business school is real. The good news is that this feeling is temporary and is often accompanied by an achievement.
The STAR Method (Situation, Task, Action, Result) offers a straightforward format you can use to answer MBA interview questions. Prompts that ask you to provide a real-life example of how you handled a certain kind of situation at work in the past. But it is an excellent method to use for MBA essay writing too.
Shopping your MBA application essays around to your friends, family, and colleagues may seem like a good idea - but be careful. For several reasons. You have every right to show your MBA application essay around. Most admissions consultants should want you to do that. But here’s the thing - do it at the end.
Why would I just share this with the public, you might ask? In part because the real value of our services with Ross (unlike with some other schools) is going to be in implementation rather than in the setting of strategy - so I don't feel I am cheating my clients at all. Further, we just don't have that many clients select Ross, to be honest. This is confusing to me, as Ross is an amazing school and a true value pick ... but that's a column for a different time. Today, I want to present a really simple way to work through Ross' seemingly wide open essays. I'll be using one part common sense and one part program knowledge, but both are born out of lots of experience just being someone in this world (by "in this world" I mean working in "higher education" and with "people trying to maximize their lives and abilities"). Let's get into it.
