NYU Sterns offers Technology Entrepreneurship - Another push for Tech in NYC

What may have prompted Stern to offer an MBA course in Technology Entrepreneurship  (MGMT-GB.3337.30)?

1. Presence of serial entrepreneurs in NYC who are willing to invest their time and capital in startups.
2. Many top engineering and technology students graduating from schools in NY region prefer to stay in NYC rather than moving to Silicon Valley.
3. With bonuses down and salaries of Wall Street employees under scanner, technology offers an alternative career path to finance jobs in NYC.
4. A positive change towards entrepreneurial activities, most recently observed by Mayor Bloomberg's initiative to establish NYC as world capital of tech startups.
5. Hypothesis that there are quite a few entrepreneurially minded MBA students at Stern.

Inside University of California Berkeley Haas's Admissions Office

This post is one in a series of posts trying to decipher what happens once you click that "submit" button in the application portal of the top business schools. As told by the admissions directors themselves! Follow us on twitter and facebook to keep yourself updated with the next set of schools.

 

What happens once applications are submitted?

Stephanie Fujii, Director of Admissions at Berkeley Haas, Excerpts - Once the applicants submit their applications on the online platform,they immediately get a confirmation and response from the school saying “Thank you for submitting your application.” Next, we put together the application to make sure that all the required pieces of the application are in order, including the application form itself, the essays, the letters of recommendations, resume and now the applicants can also submit the official transcripts while submitting the rest of the application.

After putting together all the components of an application together and verifying that the application is complete in all aspects, we send it for its first read. All of our applications from specific regions or country are assigned to readers based on the country of applicant. Moreover, every application is given atleast two reads by our admissions team, by different readers. Once the second reader completes the evaluation, the reader decides whether to send an interview invite to the applicant, deny or waitlist. In case of any disagreement between the two readers, the application will go for a third review. Also, some applications may go to a third reader's inputs even when there is an agreement, just to get an additional perspective.

Inside London Business School's Admissions Office

This post is one in a series of posts trying to decipher what happens once you click that "submit" button in the application portal of the top business schools. As told by the admissions directors themselves! Follow us on twitter and facebook to keep yourself updated with the next set of schools.

What happens once applications are submitted?

David Simpson, LBS associate director of marketing and admissions - Similar to many other business schools, we also follows a staged admissions application process, however, our process runs over a fairly long season. Our Round One deadline is in the month of October, and we made offers in December. Our final round deadline is towards the end of April, and these offers are made in July. Although we do expect applicants to do a lot of research about the school, which takes time  as well as effort (and often included a campus visit at some stage of this process), we also recognize that candidates' professional and personal circumstances can change quickly, thus affecting their application submission time. 

Once the applications are submitted through our online platform, they are downloaded after the admission deadline, printed out and additional documentations are added. They will go to admissions team members who will then read the application and decide if the applicant should be invited for an interview or not. Nobody joins the LBS MBA program without having been interviewed, face-to-face, with an alumnus. These alumni interviews offer us a consistently high standard of detailed feedback from the perspective of someone who has gone through the program themselves.  The admissions interviews also offer applicants we considered to be “borderline” for one or the other reason an opportunity to shine. After all, even from the perspective of attaining post-MBA employment, it is an applicant's all-round package of knowledge, experience, intellect, personality and charisma that will get them a job in this market. Because these admissions interviews are carried out in locations all over the world, usually wherever the candidates are based, these interviews add the benefit of local market/cultural knowledge.

Inside MIT Sloan's Admissions Office

This post is one in a series of posts trying to decipher what happens once you click that "submit" button in the application portal of the top business schools. As told by the admissions directors themselves! Follow us on twitter and facebook to keep yourself updated with the next set of schools.

 

What happens once applications are submitted?

Rod Garcia, Director of Admissions MIT Sloan - After the application deadline for a particular round is over,, the first thing we do with the submitted applications is to import the application data into our own database. And since we have a paperless application process, this year we’ve made our application evaluation process sustainable by downloading the applications to our  admissions readers’ iPads rather than printing them out. The first person to see the submitted application is me. I review each of these applications online and then distribute it to a member of the admissions committee for reading. By the way, applications are distributed randomly. The application reviewers are all our internal admissions staff along with some contract readers – controlled by us – and we don’t use students or alumni as application readers.

So initially the applications are downloaded to iPads in batchs of 20, 25, or 40  depending on how quickly our reviewers can read them. Then, a week later, we all meet to calibrate the scores and then upload these scores to our database.

Yes, that’s right. We score the applications. Although we don’t have a global rating, we score applicants on a set of attributes. There are about nine attributes that we broadly look at, ranging from GMAT to GPA to work success to all the other attributes, such as leadership attributes. Essentially there are two broad groups attributes – demonstrated success (as indicated by indicators such as GMAT, GPA, work success) and leadership attributes. We then sum up the two scores, and based on these two scores I will then decide the 18 percent applicants who we will send invite for interviews.

Inside Carnegie Mellon (CMU) Tepper's Admissions Office

This post is one in a series of posts trying to decipher what happens once you click that "submit" button in the application portal of the top business schools. As told by the admissions directors themselves! Follow us on twitter and facebook to keep yourself updated with the next set of schools.

What happens once applications are submitted?

James Frick, MBA director of admissions CMU Tepper - At CMU Tepper, we have an oustanding support staff, and it is going to take control as soon as applicants click that “submit” button. It will coordinate the applications, get it organized and ensure that all of the required and supplemental information is in. The team does a great job of being in touch with the applicants and in general we are very proactive and thoughtful about reaching out and saying, “Here is your status, and here’s what we need from your side.” Many a time the message is just to say that it’s hard to read a transcript that you’ve uploaded at the time of submission, can you send another copy?

Once it is verified that an application is complete, it goes to our reviewers for reading. All of the admissions reviewers are part of the professional admissions team, made up of myself and my colleagues. All the applications are read a minimum of two times and usually three or four.