BusinessWeek Online MBA Express January 07, 2009 ***************************ADVERTISMENT***************************
Saint Joseph's University HAUB School of Business Graduate and Executive Business Programs Ranked No. 1 Part-time MBA in PA by U.S.News & World Report In this uncertain economy, build your credentials through our Professional MBA, Business Master's, and Executive MBA programs. Visit http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&1 ****************************************************************** ******************** Luxury Management Remains in Style Despite a downturn in the high-end consumer market, applications for luxury-management MBA programs remain strong http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&2 With Funds Tight, College Students Get Creative E-mail pleas, peer lending, and a new pay-for-grades site are supplementing traditional college funding plans http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&3 MBA Learners Go the Distance A troubled economy bolsters growth in online business programs http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&4 Anxious Job Hunters Head for the Emirates As New York and London shiver through the downturn, more MBAs are giving the Gulf region a try http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&5 Competition and Cooperation Kellogg's team-oriented approach means the school must find a balance between its collaborative and competitive personalities http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&6 'Silo' Thinking Let Us Down Actions that made sense in isolation guaranteed a financial crisis when added together http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&7 B-SCHOOL FORUMS Visit BW Online's interactive forums for wide-ranging discussions about management education. Search through over 1,359,000 posts for topics that interest you. Join in today! Here are a few samples of recent messages: Getting into B-School: Worried About Economy? From: laurjame To: ALL If you're applying to B-school for next year, are you deathly worried about this economy? By the time it comes to apply for the internship, who knows if the economy will pick up. Without a decent internship, getting a fulltime offer after graduation may be harder. Which makes it difficult to switch industries, if that was your entire point of going to B school. If you're applying, what makes you so sure things will turn around? ------------ From: AY32 To: laurjame Nothing! Unfortunately, there is not going to be much improvement until at least the end of 2009. Word of advice - know the environment your in and find a way to get an advantage! Don't stress too much. When the turn around in the job market comes (it will be preceded by a turn around in financials), be ready for it! ------------ From: Manhattan24 To: laurjame If you can't find a job, look into working for the federal government. I am not 100% sure, but I once read that the State Department is the second largest employer of MBAs. Sure [you're] not going to make as much as you will working on Wall St. but there are no layoffs in D.C. ------------ From: Manhattan24 To: laurjame Check out the Federal Reserve, Treasury, SEC, and the FBI. They are likely going to have a decent number of MBA jobs. And not all federal jobs are in D.C. so you don't have to relocate. For instance, every part of the country has their own Federal Reserve District. So if your in New York, you have the NY Federal Reserve. In St. Louis you have the St. Louis Federal Reserve. And so on. ------------ From: umngmc To: laurjame If you're worried for Class of 2011, what about now for those in Class of 2010?!?! We're recruiting for summer 2009 IN the current crisis. from most indications, the economy should start picking up again towards the later half of 2009. that will bode well for those recruiting for summer internships in 2010. if your desire is to work in finance, than make sure you have a backup. every bank on wall street is asking about our back-up plans. if you can't work for a large investment bank, than an alternative may be working in the treasury of a fortune 50 company. company finance can be very interesting, you work alongside bankers, have better hours and better job security. the high-flying days of banking will be subsided for at least a little while and bonus pay accordingly. that will be plan B for me, but i'll still be hoping to land an I-banking internship for summer 2009. ---------------------------------------------------------------------- ***************************ADVERTISMENT*************************** Saint Joseph's University HAUB School of Business Graduate and Executive Business Programs Ranked No. 1 Part-time MBA in PA by U.S.News & World Report In this uncertain economy, build your credentials through our Professional MBA, Business Master's, and Executive MBA programs. Visit http://newsletters.businessweek.com/c.asp?745545&cf16b2f231665666&1 ****************************************************************** Getting into B-School: Panicking! From: JUICE To: ALL I took my GMAT in Nov. 2006 and sent my scores to my schools at that time. I just heard rumors that I need to resend them for 2008 -- ack!! Not only will it cost a bit of coin, but I think I am too close to the deadline to make it in time. Any tips are really appreciated. The admissions offices are all closed until Jan. ------------ From: JUICE To: All Here's one answer from Harvard: If you previously submitted your GMAT scores to HBS, please self-report your scores in your application. Your scores are on file with our office and there is no need to request an official score report. More worried about Stanford. ------------ From: PDrama To: JUICE Stanford is also self-reported. They will confirm with official score report later. >From Stanford website: Self-report your scores on the Application Form. These are the scores we will consider in our initial evaluation of your application. â?¢If you do not have your official scores, list the unofficial scores. ------------ From: ZacharyZ To: JUICE Most schools only require self-reported scores at the time of the application. I have heard different things about whether a 2006 report would still be on file, but you will be able to defer that question until after you are admitted. That is when most schools want the official reports. If a school requires an official score report at the time of the application, you will have to ask the school (or name them specifically to see if someone knows). B-SCHOOL BLOGS View over 4,500 blogs in our MBA Blogs community today! Share your journey, meet new friends, and expand your network. Connect with MBA students, applicants and alumni from Columbia, Kellogg, Notre Dame, and more! Become a blogger today! Here's an excerpt: Getting Down to Business: All Roads Lead To Simon By Alyssa Comments: 0 Stars: 0 Most people agree that college prepares us for the real world by providing us with the basic education necessary to procure a job and survive in the marketplace. However, many graduates feel that they do not want to merely survive but to succeed in a career that has meaning to them. It is important to keep up and prevail in a rapidly advancing society where standards are constantly being raised. Learning is never ending. No matter how intelligent we are or how many degrees we have under our belts, there is always room for improvement. But how do we get better? What is good enough? Can we ever be the best? These questions had been eating away at my brain during my frantic attempt to find my calling and plan my future. Graduation in May triggered feelings of trepidation and uncertainty. It was scary not having the road mapped out for me and not knowing what would come next. I needed time to explore possible routes before making any commitments. The way I saw it I had two options: I had always been interested in marketing and law, as evidenced by my undergraduate major, Marketing, and minor, Political Science. If I decided to pursue law and become a Criminal Defense Attorney I would obviously have to go to law school. A career in marketing did not demand any one particular course of action, which was slightly intimidating to me. I realized that in order to achieve the level of success in business I aspired to in brand/marketing management, I must eventually obtain an MBA. The reason I say â?oeventuallyâ? is because business schools generally donâ?Tt accept people without at least four years of work experience. What's the deal with experience requirements anyway? Since when does work come before school? How can I gain experience- or get a job for that matter- in a particular field without possessing the tools essential for performance within that vocation?... FOR THE FULL VERSION ************************************************************** This newsletter is a FREE service provided by BusinessWeek. 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