Top 5 MBA Program教程.pdfVIP

Getting into a Top 5 MBA Program A brief guide for applicants to Harvard, Kellogg, MIT Sloan, Stanford, Wharton and other leading business schools This document has been prepared by a group of graduates of various top US business schools, now working for an international strategy consulting firm. It is intended as an information resource for our colleagues considering applying to business school in the future. We encourage you to choose which schools are right for you and investigate them thoroughly before applying. Why a Top MBA? Unlike graduates of medical schools and law schools, there is no licensing exam required to practice business in the United States. In addition, the quality of accredited schools offering MBA degrees varies tremendously. This is a degree you can obtain part-time in 4 years, in an executive program in 1 year, via correspondence courses, and from schools with near 100% acceptance rates. As a result, the value of your MBA degree is directly related to the prestige of the university and business school which grants it. A recent study of the value of MBA programs concluded that “if you don’t get into a leading business school, the economic 1 value of the degree is really quite limited.” The study examined consultants at McKinsey Company and investment bankers at Goldman, Sachs Co. and found that those without MBA’s performed as well, or better, than business school graduates. The fallacy of the study was that it did not recognize that it is much harder to get such a job without an MBA degree. Intellectual horsepower and potential – rather than business knowledge – is the primary criterion top consulting firms and investment banks look for. If someone possesses a Ph.D. in economics from MIT or a JD from Harvard – quite common at such firms – then that obviously serves as a more