Archive for December 1st, 2008

Slowdown creates student rush to graduate schools – www.tenaday.in

December 1, 2008

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As the rattled economy causes companies to shed jobs, business schools across St. Louis are reaping the benefits. Spring applicant numbers have soared with students interested in riding out the economic storm.

At Fontbonne University, MBA applications for spring 2009 are up 13 percent over last year’s figure, according to Jerry Bladdick, associate vice president for graduate and adult education.

“Many are looking to add to their credentials because there is more competitiveness in the work force,” Bladdick said.

At Saint Louis University’s John Cook School of Business, applications for the part-time MBA program are up 15 percent over last year, according to Kathleen Day, assistant dean and director of graduate business programs. The application deadline for SLU’s full-time, one-year MBA program isn’t until May, so it may be too early to gauge the full effect on applicants, Day said, but attendance for fall open houses was up 24 percent.

At Washington University’s Olin School of Business, the number of applicants that met the first-round deadline for the MBA program was significantly higher this year, according to Evan Bouffides, assistant dean and director of MBA admissions and financial aid. Washington University does not disclose those figures.

“Our expectations were that they would go up, but we were surprised by how much,” Bouffides said. “The economy must have something to do with it.”

The recent uptick in action in admissions offices is not surprising, according to Sam Silverstein, manager of media and public affairs for the Graduate Management Admissions Council (GMAC). His company publishes the GMAT, a widely used standardized test for business school applicants.

Worldwide, registration for the GMAT is on pace for a record year, Silverstein said. GMAT registration volume through Oct. 31 was 250,890, which represents an 11 percent increase from 2007.

“When the economy shows weakness, GMAT volume shows considerable stren-gth,” he said. “GMAT levels go up when employment goes down.”

Though the applicant pool is growing, so is competition, as not all schools will be able to facilitate larger class sizes.

Washington University is sticking with a class size of 150, although at University of Missouri-St. Louis, Fontbonne and SLU, enrollment will likely increase in the coming semesters.

Last year at Washington University’s Olin School, 33 percent of applicants were accepted with an average undergraduate grade point average of 3.38.

This year, student stats will likely change in two directions — the percentage of students accepted will lower and the average GPA and GMAT score will be higher.

“It is obviously going to be increasingly more selective and very difficult to get in if volume is up,” Bouffides said. “They need to be strong in all elements of the applications and be more competitive.”

At UMSL, class sections will be added as more students are admitted, according to Thomas Eyssell, associate dean and director of graduate studies.

For the evening program, Eyssell said the school has about 520 students. But for their programs, like the weekend professional MBA, UMSL has about 45 students and could potentially reach capacity in the coming year.

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Source: http://stlouis.bizjournals.com/stlouis/stories/2008/12/01/story8.html?b=1228107600%5E1739824

Institute of Petroleum Management- MBA Admissions 2009 – www.tenaday.in

December 1, 2008

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nstitute of Petroleum Management, Gandhinagar (IPMG) announces the admission process for the intake of its 4th Batch (Session 2009) for the Two Year Residential MBA (Focused on Oil & Gas Sector).

Academic Eligibility :
The minimum eligibility criterion for admission to MBA (Focused Oil & Gas Sector) is the candidate must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA,

Candidates appearing for the final bachelor’s degree / equivalent qualification examination can also apply

IPMG uses CAT (Common Admission Test, conducted by IIMs) score as an input for the admission process, which is subject to the approval of the Gujarat Government. Then it uses group discussion and personal interview process to select the most deserving candidates for its programme. The minimum eligibility criterion for admission to the programme is a Bachelor’s Degree with at least 50% marks or equivalent CGPA.

Last date of applying to IPMG 05/02/2009

How to Apply?

The candidates are required to down load the form from the Institute’s website (Admission 2009 subsection) fill up it and send it by register post only (not by speed post or courier) in the address given in the form.

Contact:

Institute of Petroleum Management, Gandhinagar (IPMG)
Off Koba – Gandhinagar Highway
Raisan, Gandhinagar – 382 007.
Gujarat – INDIA
Phones: +91 79 23276911 – 18
Fax: +91 79 23276364
E-mail: info@ipmg.ac.in

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Source: http://educationobserver.com/institute_news/index.php/institute-of-petroleum-management-mba-admissions-2009.htm

IIM Executive MBA Programs – www.tenaday.in

December 1, 2008

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It offers 1 year postgraduate program in management for working managers. If you have a bachelor’s degree or an equivalent degree in any subject and are 27 years or more in age, then you can apply for this program. The candidates are selected on the basis of their GMAT scores, interview and many other criteria. You can download the application form for 2009-2010 from http://www.iimahd.ernet.in/pgpx/pgpxone.htm. The filled-in form should be submitted by 11th August, 2008.

IIM A also organizes Management development programs, which are designed to give idea of the management concepts and other key areas related to operations and functional world.

IIM Bangalore

If you are an IT professional, you can enroll for the PG Program in Software Enterprise Management at IIM B, which is also offered at Chennai. You need to have a bachelor’s degree or an equivalent degree and 2 years of experience in IT sector. You will have to take the admission test if you do not have a valid CAT or GMAT score.

You can enroll for several Open Programs, hosted by this B-School as a part of executive education programs. Similarly, you can pursue International Masters Program in Practicing Management, which is offered in collaboration with B-Schools of several other countries. For executives of client organizations, IIM B also has personalized executive programs.

IIM Calcutta

It organizes several MDPs and customized programs round the year. It also offers 1-year Post Graduate Programme for Executives, who have 5 years of work experience and a valid GMAT score. The filled-in application form for admission in 2009 batch can be submitted from 1st May to 31st July, 2008.

If you have 5 years of work experience in manufacturing industry, then you can enroll for Post Graduate Diploma in Management for Visionary Leaders for Manufacturing.

IIM Lucknow

Apart from MDPs, it has postgraduate program in Business Management for ‘working managers’ and an International Program in Management for Executives.

IIM Kozhikode

You can choose from Executive Education Programme in Finance, Marketing, Operations Management or Strategic Management. IIM K also offers Executive Management Education Programme, for which you need to appear in eMAT. You also need to have 5 years of work experience for applying for these distance learning programs. Even MDPs are organized for marketing executives.

IIM Indore

It offers an 18-month Executive Post-Graduate Programme for candidates who have Bachelor’s degree or an equivalent one and 5 years of work experience at least. You also need to take CAT or GMAT to apply for this program. You can also enroll for short-term MDPs or even BroadBand Based Executive Education Programmes here.

RGIIM, Shillong

Rajiv Gandhi Indian Institute of Management offers several Management Development Programmes.

Management education does not end but just begins with acquiring an MBA degree. You always have the scope to upgrade your managerial skills even as a practicing manager. Browse through our site to know that Executive MBA Programs offered by the IIMs.

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Source: http://www.allhimachal.com/iim-executive-mba-programs

IIM-Lucknow gets offers from record number of firms – www.tenaday.in

December 1, 2008

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Lucknow: Amid tough economic situation across the world, a record number of companies have marched IIM-Lucknow (IIM-L) to obtain young talents in the campus. The institute’s summer placement of 2010 batch has witnessed the participation of 110 companies over 94 companies last year. The students showed enthusiasm for working with start-up firms.

IIM-L sources said the 2010 batch has the unique feature of having 92 percent of students with work experience and a number of them exhibited great enthusiasm for working with start-ups and utilizing their experience to help guide these budding organizations to success.

“The students here have experience which start-ups value and all the projects there would be live projects, which would decide future course and orientation of these organizations,” said, Shashank Mehta, Student placement coordinator, IIM-L.

More than 20 start-ups from various sectors, including Inkfruit, Rupeetalk, Redbus, Lifeblob, Netprice, Netprice, Merit Trac, Great Place to Work Institute, and Elements Akademia have participated in the summer placements.

An Entrepreneurship Day was also organized as part of placements to nurture entrepreneurial talent of students. “IIML had been a breeding ground for many a great entrepreneur in the past and this year’s batch had several entrepreneurs as students,” said Prof Sushil Kumar, Chairman, IIML Placements.”The confluence of alumni and current students gave us the confidence of starting this great initiative,” he added.

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Source: http://www.siliconindia.com/shownews/IIM-Lucknow_gets_offers_from_record_number_of_firms-nid-49292.html

University of Texas — Austin McCombs School of Business – www.tenaday.in

December 1, 2008

PROGRAM BASICS

Texas MBA Program

McCombs School of Business

1 University Station, B6000
Austin , Texas 78712

Program Web site:

http://mba.mccombs.utexas.edu

Status:

Public Institution

Program e-mail address:

McCombsMBA@mccombs.utexas.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1922
Part-time MBA : 1999
Undergraduate business program: 1916
Executive MBA: 1981
Executive Education (non-degree): 1955
PhD program: 1930

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $ 48,800
Nonresident : $ 81,400
Recommended annual budget (Resident): $ 40,400
Recommended annual budget (Nonresident): $ 56,700

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 1689
Full-time MBA: 552
Part-time MBA: 201
Executive MBA: 113

PhD program: 97

Undergraduate business school enrollment

4,380

Graduate degree programs:

Master of Accounting

Other graduate degree programs:

N/A

ADMISSIONS

Application Deadlines

Nov. 1, 2008 Feb. 2, 2009 Apr. 1, 2009

Does the program have rolling admissions?

Yes

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

620

Relative importance: Application Elements

GMAT Score:

Important

Resume/Work Experience:

Important

Application Essays:

Important

Interviews:

Important

Recommendations:

Important

Undergraduate Transcripts:

Important

APPLICANTS

Applications (admitted and denied) to the newest class:

1929

Applicants who were accepted to the most recent class:

27 %

Admitted applicants who enrolled in the newest class:

51 %

Applicants who were re-applicants from prior years:

2 %

Percentage of this year’s reapplicants accepted:

27 %

Applicants wait-listed during the last admissions cycle:

168

Wait-listed applicants admitted for the semester to which they applied:

28

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

60 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

41 %

Applications from women received:

25 %

Mean base salary forgone:

$ 62,461

Median base salary forgone:

$ 60,000

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 31 %
International: 24 %

Ethnicity/US Students in Program

African American: 6 %
Asian American: 11 %
Hispanic or Latino American: 5 %
White (Non-Hispanic): 53 %

Students from following regions:

Asia: 21 %
Latin America and the Caribbean: 5 %
North America: 72 %
Western Europe: 1 %

Entering North American citizens by region:

Northeast: 15 %
Mid-Atlantic: 8 %
South: 7 %
Southwest: 46 %
Midwest : 6 %
West: 17 %

Mean months of work experience of newest entering class:

62

Median months of work experience of newest entering class:

60

Middle 80% range of work experience of newest entering class in months:

From: 35
To: 101

Median age of entering class:

27

Mean age of entering class:

28

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Central financial aid office at the university

Full-time MBAs applied for financial aid for the current academic year:

56 %

Full-time MBAs receiving financial aid through school:

64 %

Mean MBA financial aid package for the current academic year:

$ 45,873

On what basis are scholarships awarded?

academic merit

Full-tuition scholarships school will award during the upcoming academic year:

21

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarships awarded to full-time MBAs in the previous academic year:

$ 12,850

Percentage of second-year students receiving the same or more amount of money in their second year of study:

86 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$ 38,968

GMAT

Applicants required to take the GMAT?

Yes

Mean : 681
Median: 690

Middle 80% range GMAT scores:

From: 620
To: 730

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Source: http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/texasaustin.html