I strongly suggest reading Shikha Dalmia's excellent essay, "Legacies of Injustice: Alumni preferences threaten educational equity--and no one seems to care." As someone who believes that university admissions at both the undergraduate and graduate level should be based on the merits of the applicant, I hope that the preferential admissions of applicants who are the children of alums is ended. This unfair practice was eliminated by the University of California in 2000 and I hope that we see it happen elsewhere. All applicants deserve a fair shot at the admissions process.
World-class institutions of higher learning should be required to operate transparently when it comes to all administrative processes, but especially those concerning admissions. These institutions play a core role in a world increasingly based on merit, not inherited position. We should demand of them at least the same level of accountability we expect from publicly traded corporations and the government. If the Ivy's, in particular, don't regulate themselves, expect to see American politicians doing it. I think the day is not far away when the educational equivalent of the Securities and Exchange Commission is established to regulate university admissions and financial aid practices. If these schools can't regulate themselves, they should be regulated by the state or lose all US government funding.
Access to institutions of higher learning should not be subject to outmoded old boy networks and the dead weight of tradition. No doubt some will claim that is this will impact alumni giving, but I sincerely doubt it will have any significant impact on major contributors who expect no such quid pro quo arrangements. Ultimately the alums who really give over the long term will do so anyway. Alums who have deep pockets can take care of their children. We should have institutions that establish a legacy of fairness, not ones that offer legacies a back door into institutions for which they would otherwise not qualify for.
Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
アダム マーカス
February 20, 2008
February 16, 2008
MBA Interview Preparation: Special Offer to My Readers
If you have appreciated my blog posts on MBA interview preparation, you can now get get even more comprehensive advice from me. To thank readers of my blog, I am happy to offer a comprehensive interview preparation consulting session service. This special offer is available only for those seeking interview preparation and consists of the following:
1. We will have a one-hour session consisting of a mock session and
feedback. Alternatively for those who want a pure strategy session, the mock session will be omitted.
2. Face-to-face sessions are available in Tokyo, but otherwise the session will be conducted via Skype or, at your expense, by telephone.
3. I will review your complete application for one school in order to give you detailed personalized advice on how to prepare for and succeed at even the toughest interviews.
4. If you are interviewing for a school where the questions are likely to based on your application, I will formulate a list of questions specific to you.
The total cost will be $200 or 20,000 yen per session (you choose the currency). Additional sessions maybe scheduled as well. Contact me for details regarding bulk session discounts.
For information about my other services, see adammarkus.com, but note that the website will not mention this special offer.
If you are interested in preparing thoroughly for your interviews, please email me at adammarkus@gmail.com to arrange for payment and scheduling of your session.
Please Note: This offer expires on April 1, 2008, but maybe withdrawn without prior notice due to my limited availability.
-Adam Markus
アダム マーカス
ビジネススクール カウンセリング コンサルティング 大学院 合格対策 MBA留学
1. We will have a one-hour session consisting of a mock session and
feedback. Alternatively for those who want a pure strategy session, the mock session will be omitted.
2. Face-to-face sessions are available in Tokyo, but otherwise the session will be conducted via Skype or, at your expense, by telephone.
3. I will review your complete application for one school in order to give you detailed personalized advice on how to prepare for and succeed at even the toughest interviews.
4. If you are interviewing for a school where the questions are likely to based on your application, I will formulate a list of questions specific to you.
The total cost will be $200 or 20,000 yen per session (you choose the currency). Additional sessions maybe scheduled as well. Contact me for details regarding bulk session discounts.
For information about my other services, see adammarkus.com, but note that the website will not mention this special offer.
If you are interested in preparing thoroughly for your interviews, please email me at adammarkus@gmail.com to arrange for payment and scheduling of your session.
Please Note: This offer expires on April 1, 2008, but maybe withdrawn without prior notice due to my limited availability.
-Adam Markus
アダム マーカス
ビジネススクール カウンセリング コンサルティング 大学院 合格対策 MBA留学
February 10, 2008
Additional Comments Regarding "The 98"
Click here for all of my rankings tables together in one post.
In regards to "The 98," my MBA program ranking by salary, I wanted to make some additional comments.
One advantage of a salary-based list of programs worldwide is that it helps to see the rising market value of MBA programs. It also means that those of us who help applicants considering worldwide application, start to pay more attention to such national leaders as the Indian School of Business, China Europe International Business School, Cranfield School of Management, and Australian Graduate School of Management. I will certainly begin coverage of these schools.
For those with a US MBA bias, this ranking should be humbling because so many of what are usually ranked quite highly in the US, don't, at least at the salary level, look as attractive as a FT, Businessweek or other such ranking might suggest.
Canada's top MBA programs don't rate very well at all. With the highest ranked coming in at 50 and a disproportionate number coming at the bottom of the list, it appears that the initial market value of these degrees is not spectacular.
From a school selection perspective, I think looking at the stark reality of the expected financial outcome is critical. Looking at this solely helps to put the outcome into focus. "The 98" is only one possible way of doing this.
I am well aware that applicants don't simply make selection choices on the basis of salary, but I think evaluating programs on this basis is one important consideration. In a subsequent post of rather large size, I will provide a more complete list of selection criteria.
Comments? Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
アダム マーカス
ビジネススクール MBA留学
In regards to "The 98," my MBA program ranking by salary, I wanted to make some additional comments.
One advantage of a salary-based list of programs worldwide is that it helps to see the rising market value of MBA programs. It also means that those of us who help applicants considering worldwide application, start to pay more attention to such national leaders as the Indian School of Business, China Europe International Business School, Cranfield School of Management, and Australian Graduate School of Management. I will certainly begin coverage of these schools.
For those with a US MBA bias, this ranking should be humbling because so many of what are usually ranked quite highly in the US, don't, at least at the salary level, look as attractive as a FT, Businessweek or other such ranking might suggest.
Canada's top MBA programs don't rate very well at all. With the highest ranked coming in at 50 and a disproportionate number coming at the bottom of the list, it appears that the initial market value of these degrees is not spectacular.
From a school selection perspective, I think looking at the stark reality of the expected financial outcome is critical. Looking at this solely helps to put the outcome into focus. "The 98" is only one possible way of doing this.
I am well aware that applicants don't simply make selection choices on the basis of salary, but I think evaluating programs on this basis is one important consideration. In a subsequent post of rather large size, I will provide a more complete list of selection criteria.
Comments? Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
アダム マーカス
ビジネススクール MBA留学
Q&A with RSM MBA Director of Admissions
As I discussed in a previous post focused on my analysis of essay questions, RSM Erasmus University's International Full-Time MBA Program is a truly international program offering great ROI to graduates. Kirt Wood, the Director of Marketing and Admissions at RSM was kind enough to provide some really great advice for applicants.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Kirt was kind enough to provide the following profile (Always good to know who the admissions director is!):
Kirt Wood is an American (with a Chilean father) who has lived and worked in Europe since 2000. Kirt joined the RSM Erasmus University as the Director of Marketing & Admissions, MBA Programmes in 2006. Kirt has spent 17 years working with institutions of higher learning in the U.S., Asia, and France in a variety of capacities: as student services coordinator, teacher, director of studies, development manager, and director. His years at UC Berkeley set the stage for a lifetime dedicated to quality education, diversity in a learning environment and personalized counseling. Kirt holds a Master’s degree in Consulting in Education from Paris V, Rene Descartes – La Sorbonne, an RSA Cambridge teaching credential and completed his Bachelor’s at U.C.Davis in International Relations. Kirt, his French wife, and three year old daughter truly enjoy living in the Netherlands and spend as much time as possible on bicycles!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Now for the interview:
Adam: Are there any common characteristics among those who best fit RSM?
Kirt: RSM Erasmus MBA participants are highly motivated and determined to attain satisfying management positions, often with major companies and organizations. What makes them unique is their sense of adventure and global scope. As RSM is 96% international, our participants come from all over the world. They are risk takers and are taking steps to reposition themselves in a truly diverse global marketplace. They will leverage their professional and life experiences, language skills, hard and complex skills as well as their sense of ethics and creativity. All of these areas are emphasized on the RSM MBA.
Adam: Can someone with very little international experience get into RSM?
Kirt: Having “international experience” is not a requirement for admission. However, openness to total diversity and global business practices is essential. A candidate who acknowledges that they wish to undertake the RSM Erasmus MBA Programme because they desire to increase their understanding of global business practices and “manage in a diverse world, as well as demonstrate strong motivation and career plans in this direction, is always welcome on our programme.
Adam: What is campus life like at RSM?
Kirt: Rare in Europe is the “American-style” campus. Here at RSM Erasmus, however, we enjoy an enormous campus with more than 25 buildings (most of them modern and attractive), many student restaurants, high-tech plug ins and wi-fi, a fabulous sports/fitness center, tennis courts and, yes, a pub on campus! The library, however, is a bit disappointing. Available during the days – closed for the most part on weekends. There are many campus magazines, clubs and organizations. Many cultural and sporting events are organized as well. MBA’s tend to set themselves apart (like in most major universities I think) and create their own clubs, events and parties. This has, over the years, been the resounding success of the RSM when speaking with alumni all over the world. They have cherished memories of student life and the collegial “family-like” atmosphere of the “J Building” (MBA Building).
Adam: What is Rotterdam like? Why would I want to spend 15 months there?
Kirt: I think it key to remember that our participants are, like other top MBA participants, seeking career growth opportunities. This means 15 months goes very quickly and the programme is action-packed. On top of study and preparation of projects, students are networking and job seeking. 4 months of the programme is spent working with a major company in an associateship position. (11 months + 4 months associateship). In short, time flies!
Rotterdam is, however, a lovely European city. Honestly, not too big, not too small. It has an impeccable transport system, bike paths everywhere and a charming and sophisticated downtown. It is key to understand that, in addition to being the largest port in Europe (2nd largest in the world), Rotterdam is located on the Southern end of a strip that runs from Amsterdam to Rotterdam. The Netherlands is the only European country to offer “expat status” to companies as well as individuals.
Adam: Since you don’t require an English test like TOEFL, how do you measure English language ability for those who are not native English speakers?
Kirt: At RSM, we do not require a TOEFL,TOEIC or IELTS exam. (although
we reserve the right to do so if we are concerned.) We use the GMAT score to gain some insight into language skills. However, we have a very rigorous interviewing process. Candidates that cannot effectively express their ideas and demonstrate that they can function at an MBA level in team situations, will, most likely, not be admitted. Candidates targeting the RSM MBA need to really concentrate on writing a good application (their own writing, of course!) and prepare thoroughly for their interview. (I have been known to “spot check” a candidate by calling them at an unannounced time on their mobile phone!)
Adam: What kind of GMAT score is usually required for admission and how flexible are you about admitting applicants with scores below the 80% range?
Kirt: A GMAT is only one small part of the entire application. Our average is 640 and we believe that candidates who drop below 60% in the quantitative area may struggle with the analytical aspects of the MBA. We need them to be able to “hit the ground running”. We publish no minimum score. Naturally, for non-native speakers of English, the verbal and written sections are going to factor in most heavily during the application evaluation process. Also, we will examine transcripts to see how a candidate performed in various subject areas. Great transcripts, however, cannot be accepted in place of a poor GMAT score. We will, however, attempt to view the GMAT in the context of the complete application including essays and interviews.
Adam: If an applicant’s GPA is lower than 3.0 on the 4.0 scale, what do you suggest they do to demonstrate their academic potential to succeed at RSM?
Kirt: European systems generally are pass/fail systems. Although we do look at GPA, we do not view grades the same way U.S. institutions do. GPA is a very North American term. We will of course, carefully examine academic performance. Our candidates, however, come from all over the world and, frankly, they each have their own grading systems and standards. (Our true challenge! If only it were so easy to have an international standard GPA!)
However, grades must also be considered in the context of both the years of professional experience and the quality of that professional experience (bolstered of course by very strong professional letters of recommendation.) Sometimes, post Bachelor’s degree, people begin to blossom and thrive. (Results are no longer measured with “grades” but with goals and targets that feel more tangible) This means that the academic arena may not have been the best environment for growth for the individual – or they thrive when learning becomes applied. Because an MBA offers a nice balance between academic and practical aspects, we will look to admit those who, though maybe not a valedictorian, have demonstrated clear professional progress since graduating college. Naturally, good grades enhance an application and are valued at RSM.
Adam: How important are recommendations? What constitutes a great recommendation?
Kirt: Recommendation letters are very important to the RSM MBA application. I highly recommend that potential MBA candidates spend time speaking with their recommenders and encouraging them to be as complete (concise is ok) and precise as possible regarding the candidates performance. A great recommendation letter will come from the highest person within the candidate’s organization who can accurately discuss the candidate’s job performance and progression within the company. A recommendation from a professor the candidate had 5 years ago has minimal impact on a strong MBA candidate’s application. Occasionally, MBA candidates are unable to ask for recommendations from their direct supervisor. In this case, again, I recommend a candidate finds a professional with whom they work (senior to them) who will be able to accurately describe their performance in the workplace.
Adam: How important is the interview?
Kirt: The interview at RSM is assuredly the most critical factor in the MBA application. Only a candidate who has been pre-selected can be interviewed. This means, if a candidate is offered an interview, we clearly see strength in their application. We will attempt to “affirm” what we have found in the application. But the interview truly becomes the opportunity for an MBA candidate to “shine” - to discuss themselves in detail and to engage in conversation giving a more well-rounded impression of their goals and potential.
Adam: How would you differentiate RSM from internationally focused MBA programs like Georgetown and Thunderbird in the US?
Kirt: Georgetown and Thunderbird are good schools, clearly and have done a very effective job of marketing their international focus. I think that, in spite of their strong desires to create internationally-focused programmes within the U.S., these schools still remain very rooted in U.S. best practices and draw the large part of their students and faculty from the U.S. This is not the case for the RSM Erasmus University that, although located in the Netherlands, draws its faculty and student base from all around the world. The Dutch have never been a majority at RSM within our full-time MBA Programme and our faculty, the Dean and corporate umbrella all reflect our multinational nature. We not only, however, claim to be international, we claim to be about total diversity…which, you surely know, goes beyond a mere passport to issues of religion, race, gender…
Adam: How do you compare your program to other top European programs?
Kirt: We are happy to be among them. Like Europe itself, European MBA’s each have their own cultures and driving forces…each unique, each worth exploring. RSM is about quality general management in an inspiring and collegial environment. We create a space where young managers can safely experiment, learn and grow while building personal and professional networks that they will keep for the rest of their careers and lives. Because of our size, I think we are able to offer a truly quality MBA experience. I think what has been created at RSM is absolutely unique!
Adam: How important are campus visits? Do you keep track of who visits? Does a visit impact an applicant’s chance for admission?
Kirt: Undertaking an MBA is like getting married. A campus visit is part of the dating process. This can happen in reality as well as virtually. Naturally, the most intense period of “getting to know each other” happens face to face, so we recommend the visit. It is not possible for everyone, so it is not a requirement. Those who do not come for a visit, however, have a greater “leap of faith” to make when ultimately deciding on the right MBA programme for them.
We do believe that campus visits help manage expectations of our MBA candidates and ensures that the marriage, in the long term, will be beneficial to both parties.
Hospitality in the Netherlands is an art form. All of our visitors are important to us and will, of course, be remembered. However, we strive to maintain close relationships with all those who contact us, regardless of the means by which they do so.
Adam: How often does RSM waitlist applicants? Can you provide some information about that?
Kirt: RSM uses wait-listing occasionally. Because we seek balance in all areas, if we see that our MBA class is losing that balance of diversity, we will employ a wait-list. During these times, however, we give strong feedback to candidates and communicate regularly with them with respect to their admission status. We know how stressful the application process can be.
Adam: Can applicants get in touch with alums and current students? How?
Kirt: Absolutely! RSM is all about transparency. How could anyone be expected to commit to an MBA without knowing who they will be involved with? Since we take a one-to-one counseling-based approach to admissions, candidates who wish to communicate with our participants and alumni need to, of course, share a little about themselves and their interest in doing an MBA at RSM. At which point, our Marketing and Admissions Managers are prepared to guide them to key people who can give them the information they require. This can include participants, partners, alumni, faculty or staff. mba.info@rsm.nl
Adam: Can applicants get in touch with faculty members who they have a strong desire to work with?
Kirt: Again, once candidates have a well-established relationship with our Marketing and Admissions Managers, we guide them to the appropriate person to answer their questions and deal with their concerns. For many participants, meeting faculty is key. We travel around the world and offer info sessions (as you have already attended one!), offer open days and campus visits and, many of the professors have blog spaces to help give more access to the general public.
Adam: What is the age cutoff for the International Full-time MBA?
Kirt: We have no age cut-off. We are committed to “total diversity” (and this includes age). Our average age range is between 26 and 34 years old. (we’ve had 40 year olds and 22 year olds exceptionally!) However, we are concerned about how maturity will fit in with the fit of the overall class. I recommend candidates communicate with us throughout the admissions process and they can expect honesty on our part regarding their age and how this will affect any admissions decision.
Adam: What changes to do you expect to see at RSM in the coming years?
Kirt: The RSM Erasmus University has recently taken on a new Dean, George Yip, who brings with him a wealth of knowledge and experience in the international educational arena. We await big changes under his stewardship!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If you are interested in RSM’s Full-Time or other MBA offerings, please see their site for more information. For Fall 2008, you need to apply by July 15th. If you have the opportunity to attend an information session or, better yet, visit the campus, I strongly suggest doing so.
Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
ビジネススクール カウンセリング コンサルティング 大学院 合格対策 エッセイ MBA留学 エッセイ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Kirt was kind enough to provide the following profile (Always good to know who the admissions director is!):
Kirt Wood is an American (with a Chilean father) who has lived and worked in Europe since 2000. Kirt joined the RSM Erasmus University as the Director of Marketing & Admissions, MBA Programmes in 2006. Kirt has spent 17 years working with institutions of higher learning in the U.S., Asia, and France in a variety of capacities: as student services coordinator, teacher, director of studies, development manager, and director. His years at UC Berkeley set the stage for a lifetime dedicated to quality education, diversity in a learning environment and personalized counseling. Kirt holds a Master’s degree in Consulting in Education from Paris V, Rene Descartes – La Sorbonne, an RSA Cambridge teaching credential and completed his Bachelor’s at U.C.Davis in International Relations. Kirt, his French wife, and three year old daughter truly enjoy living in the Netherlands and spend as much time as possible on bicycles!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Now for the interview:
Adam: Are there any common characteristics among those who best fit RSM?
Kirt: RSM Erasmus MBA participants are highly motivated and determined to attain satisfying management positions, often with major companies and organizations. What makes them unique is their sense of adventure and global scope. As RSM is 96% international, our participants come from all over the world. They are risk takers and are taking steps to reposition themselves in a truly diverse global marketplace. They will leverage their professional and life experiences, language skills, hard and complex skills as well as their sense of ethics and creativity. All of these areas are emphasized on the RSM MBA.
Adam: Can someone with very little international experience get into RSM?
Kirt: Having “international experience” is not a requirement for admission. However, openness to total diversity and global business practices is essential. A candidate who acknowledges that they wish to undertake the RSM Erasmus MBA Programme because they desire to increase their understanding of global business practices and “manage in a diverse world, as well as demonstrate strong motivation and career plans in this direction, is always welcome on our programme.
Adam: What is campus life like at RSM?
Kirt: Rare in Europe is the “American-style” campus. Here at RSM Erasmus, however, we enjoy an enormous campus with more than 25 buildings (most of them modern and attractive), many student restaurants, high-tech plug ins and wi-fi, a fabulous sports/fitness center, tennis courts and, yes, a pub on campus! The library, however, is a bit disappointing. Available during the days – closed for the most part on weekends. There are many campus magazines, clubs and organizations. Many cultural and sporting events are organized as well. MBA’s tend to set themselves apart (like in most major universities I think) and create their own clubs, events and parties. This has, over the years, been the resounding success of the RSM when speaking with alumni all over the world. They have cherished memories of student life and the collegial “family-like” atmosphere of the “J Building” (MBA Building).
Adam: What is Rotterdam like? Why would I want to spend 15 months there?
Kirt: I think it key to remember that our participants are, like other top MBA participants, seeking career growth opportunities. This means 15 months goes very quickly and the programme is action-packed. On top of study and preparation of projects, students are networking and job seeking. 4 months of the programme is spent working with a major company in an associateship position. (11 months + 4 months associateship). In short, time flies!
Rotterdam is, however, a lovely European city. Honestly, not too big, not too small. It has an impeccable transport system, bike paths everywhere and a charming and sophisticated downtown. It is key to understand that, in addition to being the largest port in Europe (2nd largest in the world), Rotterdam is located on the Southern end of a strip that runs from Amsterdam to Rotterdam. The Netherlands is the only European country to offer “expat status” to companies as well as individuals.
Adam: Since you don’t require an English test like TOEFL, how do you measure English language ability for those who are not native English speakers?
Kirt: At RSM, we do not require a TOEFL,TOEIC or IELTS exam. (although
we reserve the right to do so if we are concerned.) We use the GMAT score to gain some insight into language skills. However, we have a very rigorous interviewing process. Candidates that cannot effectively express their ideas and demonstrate that they can function at an MBA level in team situations, will, most likely, not be admitted. Candidates targeting the RSM MBA need to really concentrate on writing a good application (their own writing, of course!) and prepare thoroughly for their interview. (I have been known to “spot check” a candidate by calling them at an unannounced time on their mobile phone!)
Adam: What kind of GMAT score is usually required for admission and how flexible are you about admitting applicants with scores below the 80% range?
Kirt: A GMAT is only one small part of the entire application. Our average is 640 and we believe that candidates who drop below 60% in the quantitative area may struggle with the analytical aspects of the MBA. We need them to be able to “hit the ground running”. We publish no minimum score. Naturally, for non-native speakers of English, the verbal and written sections are going to factor in most heavily during the application evaluation process. Also, we will examine transcripts to see how a candidate performed in various subject areas. Great transcripts, however, cannot be accepted in place of a poor GMAT score. We will, however, attempt to view the GMAT in the context of the complete application including essays and interviews.
Adam: If an applicant’s GPA is lower than 3.0 on the 4.0 scale, what do you suggest they do to demonstrate their academic potential to succeed at RSM?
Kirt: European systems generally are pass/fail systems. Although we do look at GPA, we do not view grades the same way U.S. institutions do. GPA is a very North American term. We will of course, carefully examine academic performance. Our candidates, however, come from all over the world and, frankly, they each have their own grading systems and standards. (Our true challenge! If only it were so easy to have an international standard GPA!)
However, grades must also be considered in the context of both the years of professional experience and the quality of that professional experience (bolstered of course by very strong professional letters of recommendation.) Sometimes, post Bachelor’s degree, people begin to blossom and thrive. (Results are no longer measured with “grades” but with goals and targets that feel more tangible) This means that the academic arena may not have been the best environment for growth for the individual – or they thrive when learning becomes applied. Because an MBA offers a nice balance between academic and practical aspects, we will look to admit those who, though maybe not a valedictorian, have demonstrated clear professional progress since graduating college. Naturally, good grades enhance an application and are valued at RSM.
Adam: How important are recommendations? What constitutes a great recommendation?
Kirt: Recommendation letters are very important to the RSM MBA application. I highly recommend that potential MBA candidates spend time speaking with their recommenders and encouraging them to be as complete (concise is ok) and precise as possible regarding the candidates performance. A great recommendation letter will come from the highest person within the candidate’s organization who can accurately discuss the candidate’s job performance and progression within the company. A recommendation from a professor the candidate had 5 years ago has minimal impact on a strong MBA candidate’s application. Occasionally, MBA candidates are unable to ask for recommendations from their direct supervisor. In this case, again, I recommend a candidate finds a professional with whom they work (senior to them) who will be able to accurately describe their performance in the workplace.
Adam: How important is the interview?
Kirt: The interview at RSM is assuredly the most critical factor in the MBA application. Only a candidate who has been pre-selected can be interviewed. This means, if a candidate is offered an interview, we clearly see strength in their application. We will attempt to “affirm” what we have found in the application. But the interview truly becomes the opportunity for an MBA candidate to “shine” - to discuss themselves in detail and to engage in conversation giving a more well-rounded impression of their goals and potential.
Adam: How would you differentiate RSM from internationally focused MBA programs like Georgetown and Thunderbird in the US?
Kirt: Georgetown and Thunderbird are good schools, clearly and have done a very effective job of marketing their international focus. I think that, in spite of their strong desires to create internationally-focused programmes within the U.S., these schools still remain very rooted in U.S. best practices and draw the large part of their students and faculty from the U.S. This is not the case for the RSM Erasmus University that, although located in the Netherlands, draws its faculty and student base from all around the world. The Dutch have never been a majority at RSM within our full-time MBA Programme and our faculty, the Dean and corporate umbrella all reflect our multinational nature. We not only, however, claim to be international, we claim to be about total diversity…which, you surely know, goes beyond a mere passport to issues of religion, race, gender…
Adam: How do you compare your program to other top European programs?
Kirt: We are happy to be among them. Like Europe itself, European MBA’s each have their own cultures and driving forces…each unique, each worth exploring. RSM is about quality general management in an inspiring and collegial environment. We create a space where young managers can safely experiment, learn and grow while building personal and professional networks that they will keep for the rest of their careers and lives. Because of our size, I think we are able to offer a truly quality MBA experience. I think what has been created at RSM is absolutely unique!
Adam: How important are campus visits? Do you keep track of who visits? Does a visit impact an applicant’s chance for admission?
Kirt: Undertaking an MBA is like getting married. A campus visit is part of the dating process. This can happen in reality as well as virtually. Naturally, the most intense period of “getting to know each other” happens face to face, so we recommend the visit. It is not possible for everyone, so it is not a requirement. Those who do not come for a visit, however, have a greater “leap of faith” to make when ultimately deciding on the right MBA programme for them.
We do believe that campus visits help manage expectations of our MBA candidates and ensures that the marriage, in the long term, will be beneficial to both parties.
Hospitality in the Netherlands is an art form. All of our visitors are important to us and will, of course, be remembered. However, we strive to maintain close relationships with all those who contact us, regardless of the means by which they do so.
Adam: How often does RSM waitlist applicants? Can you provide some information about that?
Kirt: RSM uses wait-listing occasionally. Because we seek balance in all areas, if we see that our MBA class is losing that balance of diversity, we will employ a wait-list. During these times, however, we give strong feedback to candidates and communicate regularly with them with respect to their admission status. We know how stressful the application process can be.
Adam: Can applicants get in touch with alums and current students? How?
Kirt: Absolutely! RSM is all about transparency. How could anyone be expected to commit to an MBA without knowing who they will be involved with? Since we take a one-to-one counseling-based approach to admissions, candidates who wish to communicate with our participants and alumni need to, of course, share a little about themselves and their interest in doing an MBA at RSM. At which point, our Marketing and Admissions Managers are prepared to guide them to key people who can give them the information they require. This can include participants, partners, alumni, faculty or staff. mba.info@rsm.nl
Adam: Can applicants get in touch with faculty members who they have a strong desire to work with?
Kirt: Again, once candidates have a well-established relationship with our Marketing and Admissions Managers, we guide them to the appropriate person to answer their questions and deal with their concerns. For many participants, meeting faculty is key. We travel around the world and offer info sessions (as you have already attended one!), offer open days and campus visits and, many of the professors have blog spaces to help give more access to the general public.
Adam: What is the age cutoff for the International Full-time MBA?
Kirt: We have no age cut-off. We are committed to “total diversity” (and this includes age). Our average age range is between 26 and 34 years old. (we’ve had 40 year olds and 22 year olds exceptionally!) However, we are concerned about how maturity will fit in with the fit of the overall class. I recommend candidates communicate with us throughout the admissions process and they can expect honesty on our part regarding their age and how this will affect any admissions decision.
Adam: What changes to do you expect to see at RSM in the coming years?
Kirt: The RSM Erasmus University has recently taken on a new Dean, George Yip, who brings with him a wealth of knowledge and experience in the international educational arena. We await big changes under his stewardship!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If you are interested in RSM’s Full-Time or other MBA offerings, please see their site for more information. For Fall 2008, you need to apply by July 15th. If you have the opportunity to attend an information session or, better yet, visit the campus, I strongly suggest doing so.
Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
ビジネススクール カウンセリング コンサルティング 大学院 合格対策 エッセイ MBA留学 エッセイ
February 09, 2008
"Real" Global MBA Rankings for 2008: "The 98"
June, 19, 2008 Update: Please also see my comparison and averaged ranking of "Top 20" MBA rankings in Businessweek, US News and World Report, FT, Wall Street Journal, EIU, and Forbes. See also my ranking of "Top 20" programs by acceptance rate.
Click here for all of my rankings tables together in one post.
The "Real" Global MBA Rankings for 2008: FT MBA Rankings in Salary Order
The rankings below should hopefully be of value for both those engaged in initial school application selection and for admitted applicants who have been accepted to multiple programs and need to determine where to go.
“Methodology”: All FT 2008 Data was ranked in order of “Salary Today (US$).” No other methods were employed.
Justification #1: Whatever they pay you when you graduate is the market value of your degree, all other factors are mere conjecture.
Justification #2: One may very well value an MBA beyond mere salary calculations, but it will certainly be a factor for almost everyone.
Justification #3: Since each school reports its own data, assuming that data is good, the ranking is based on an objective criterion that all programs have in common.
Disclaimer #1: I could use some other accumulation of salaries for this same purpose, but since FT has just been released, I decided to use it. If your school is not included on this list of the top 98, please don’t be offended. Given more data, I would make a bigger list.
Disclaimer #2: Actual market value will very much depend on your situation. The numbers below are only averages.
Disclaimer #3: Salary is but one measure of ROI. This survey does not account for relative increase in salary, opportunity costs, or other less tangible, but important factors.
Disclaimer #4: These rankings in no way measure the value of the educational experience at any of these programs, merely the likely post-MBA salary outcome.
School Selection Strategy for Those Admitted to Multiple Programs: Go to the highest ranked program if you want to obtain the most market value.
School Application Selection Strategy Based on Salary Approach.
Simply compare salaries to rates of admission (Sorry, admissions rates are not below, but you can get them (except for those schools that don't report such information) on BusinessWeek or US News and World Report or directly from the schools):
1. Apply to the highest ranked programs you think you can get it into.
2. Find bargains: Schools with a high salary and a high rate of admission.
3. Avoid application to schools with a relatively low admissions rates and lower salaries.
4. Caveat emptor.
1. Stanford University GSB, US, $175,766
2. Columbia Business School, US, $169,730
3. University of Pennsylvania: Wharton, US, $166,032
4. Harvard Business School, US, $163,493
5. Indian School of Business, India, $155,938
6. University of Chicago GSB, US, $155,484
7. MIT: Sloan, US, $155,316
8. CEIBS, China, $154,144
9. Dartmouth College: Tuck, US, $152,580
10. UCLA: Anderson, US, $148,615
11. INSEAD, France/Singapore, $147,763
12. IMD, Switzerland, $147,172
13. London Business School, UK, $145,918
14. New York University: Stern, US, $141,554
15. University of Oxford: Saïd, UK, $141,170
16. Yale School of Management, US, $140,576
17. Northwestern University: Kellogg, US, $136,674
18. University of Cambridge: Judge, UK, $133,480
19. UC Berkeley: Haas, US, $131,688
20. Cranfield School of Management, UK, $129,785
21. University of Virginia: Darden, US, $129,389
22. Cornell University: Johnson, US, $126,829
23. University of Michigan: Ross, US, $125,839
24. Emory University: Goizueta, US, $ 123,569
25. Duke University: Fuqua, US, $ 122,811
26. Australian Graduate School of Management, Australia, $122,349
27. Georgetown University: McDonough, US, $120,346
28. Imperial College London: Tanaka, UK, $120,207
29. IE Business School, Spain, $120,190
30. IESE Business School, Spain, $119,890
31. HEC Paris France, $118,562
32. University of North Carolina: Kenan-Flagler, US, $115,519
33. University of Southern California: Marshall, US, $114,582
34. University of Rochester: Simon, US, $113,983
35. University of Bath School of Management, UK, $113,727
36. University of Strathclyde Business School, UK, $113,071
37. Manchester Business School, UK, $112,625
38. Warwick Business School, UK, $112,586
39. Carnegie Mellon: Tepper, US, $112,536
40. City University: Cass, $111,615
41. University of California: Davis, U.S.A., $109,189
42. University of Texas at Austin: McCombs, U.S.A., $108,268
43. ESADE Business School, Spain, $108,166
44. Edinburgh University Management School UK, $107,956
45. Vanderbilt University: Owen U.S.A., $107,328
46. Rice University: Jones U.S.A. 2008, $107,180
47. Melbourne Business School Australia, $106,978
48. Babson College: Olin US, $106,849
49. University of Maryland: Smith US, $106,636
50. University of Western Ontario: Ivey Canada, $106,073
51. University of Notre Dame: Mendoza U.S.A., $105,783
52.Boston College: Carroll U.S.A. 2007, $105,659
53.Boston University School of Management US, $105,586
54. University of Washington Business School US, $105,554
55. Indiana University: Kelley US, $105,547
56. Lancaster University Management School UK, $104,609
57. RSM Erasmus University Netherlands, $104,211
58. Leeds University Business School UK, $104,165
59. Pennsylvania State University: Smeal US, $103,764
60. George Washington University US, $102,852
61. Michigan State University: Broad US, $102,202
62. University College Dublin: Smurfit Ireland, $101,730
63. Washington University: Olin US, $100,808
64. Nottingham University Business School UK, $100,277
65. University of California at Irvine: Merage US, $100,030
66. Bradford School of Management/TiasNimbas Business School UK/Netherlands/Germany, $99,202
67. Thunderbird School of Global Management US, $99,099
68. University of Toronto: Rotman Canada, $98,940
69. Purdue University: Krannert US, $98,554
70. Arizona State University: Carey US, $98,060
71. Hong Kong UST Business School China, $97,235
72. University of Wisconsin-Madison US, $96,866
73. SDA Bocconi Italy, $96,824
74. Vlerick Leuven Gent, Belgium, $95,754
75. College of William and Mary: Mason, US, $96,717
76. Brigham Young University: Marriott, US, $96,702
77. University of South Carolina: Moore, US, $95,417
78. Tulane University: Freeman, US, $95,384
79. Case Western Reserve: Weatherhead, US, $95,283
80. University of Arizona: Eller, US, $95,225
81. University of Georgia: Terry, US, $94,930
82. University of Pittsburgh: Katz, US, $94,641
83. University of Minnesota: Carlson, US, $94,246
84. University of Florida, US, $93,077
85. Ohio State University: Fisher, US, $92,788
86. Texas A & M University: Mays, US, $91,656
87. McGill University: Desautels, Canada, $91,551
88. Shanghai Jiao Tong University, ACEM, China, $91,346
89. EM Lyon, France, $90,532
90. Nanyang Business School Singapore, $89,836
91. Nyenrode Business Universiteit Netherlands, $89,223
92. University of Iowa: Tippie, US, $88,972
93. University of Illinois at Urbana-Champaign, US, $87,318
94. EADA Spain, $85,811
95. York University: Schulich, Canada, $84,388
96. University of British Columbia: Sauder, Canada, $81,997
97. Temple University: Fox, US, $75,458
98. University of Alberta, Canada, $74,250
I have made some additional comments regarding my ranking in a subsequent post.
Finally, I would like to thank "my team" at FT for doing all of the hard work.
Comments? Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
アダム マーカス
ビジネススクール MBA留学
Click here for all of my rankings tables together in one post.
The "Real" Global MBA Rankings for 2008: FT MBA Rankings in Salary Order
The rankings below should hopefully be of value for both those engaged in initial school application selection and for admitted applicants who have been accepted to multiple programs and need to determine where to go.
“Methodology”: All FT 2008 Data was ranked in order of “Salary Today (US$).” No other methods were employed.
Justification #1: Whatever they pay you when you graduate is the market value of your degree, all other factors are mere conjecture.
Justification #2: One may very well value an MBA beyond mere salary calculations, but it will certainly be a factor for almost everyone.
Justification #3: Since each school reports its own data, assuming that data is good, the ranking is based on an objective criterion that all programs have in common.
Disclaimer #1: I could use some other accumulation of salaries for this same purpose, but since FT has just been released, I decided to use it. If your school is not included on this list of the top 98, please don’t be offended. Given more data, I would make a bigger list.
Disclaimer #2: Actual market value will very much depend on your situation. The numbers below are only averages.
Disclaimer #3: Salary is but one measure of ROI. This survey does not account for relative increase in salary, opportunity costs, or other less tangible, but important factors.
Disclaimer #4: These rankings in no way measure the value of the educational experience at any of these programs, merely the likely post-MBA salary outcome.
School Selection Strategy for Those Admitted to Multiple Programs: Go to the highest ranked program if you want to obtain the most market value.
School Application Selection Strategy Based on Salary Approach.
Simply compare salaries to rates of admission (Sorry, admissions rates are not below, but you can get them (except for those schools that don't report such information) on BusinessWeek or US News and World Report or directly from the schools):
1. Apply to the highest ranked programs you think you can get it into.
2. Find bargains: Schools with a high salary and a high rate of admission.
3. Avoid application to schools with a relatively low admissions rates and lower salaries.
4. Caveat emptor.
"THE 98"
1. Stanford University GSB, US, $175,766
2. Columbia Business School, US, $169,730
3. University of Pennsylvania: Wharton, US, $166,032
4. Harvard Business School, US, $163,493
5. Indian School of Business, India, $155,938
6. University of Chicago GSB, US, $155,484
7. MIT: Sloan, US, $155,316
8. CEIBS, China, $154,144
9. Dartmouth College: Tuck, US, $152,580
10. UCLA: Anderson, US, $148,615
11. INSEAD, France/Singapore, $147,763
12. IMD, Switzerland, $147,172
13. London Business School, UK, $145,918
14. New York University: Stern, US, $141,554
15. University of Oxford: Saïd, UK, $141,170
16. Yale School of Management, US, $140,576
17. Northwestern University: Kellogg, US, $136,674
18. University of Cambridge: Judge, UK, $133,480
19. UC Berkeley: Haas, US, $131,688
20. Cranfield School of Management, UK, $129,785
21. University of Virginia: Darden, US, $129,389
22. Cornell University: Johnson, US, $126,829
23. University of Michigan: Ross, US, $125,839
24. Emory University: Goizueta, US, $ 123,569
25. Duke University: Fuqua, US, $ 122,811
26. Australian Graduate School of Management, Australia, $122,349
27. Georgetown University: McDonough, US, $120,346
28. Imperial College London: Tanaka, UK, $120,207
29. IE Business School, Spain, $120,190
30. IESE Business School, Spain, $119,890
31. HEC Paris France, $118,562
32. University of North Carolina: Kenan-Flagler, US, $115,519
33. University of Southern California: Marshall, US, $114,582
34. University of Rochester: Simon, US, $113,983
35. University of Bath School of Management, UK, $113,727
36. University of Strathclyde Business School, UK, $113,071
37. Manchester Business School, UK, $112,625
38. Warwick Business School, UK, $112,586
39. Carnegie Mellon: Tepper, US, $112,536
40. City University: Cass, $111,615
41. University of California: Davis, U.S.A., $109,189
42. University of Texas at Austin: McCombs, U.S.A., $108,268
43. ESADE Business School, Spain, $108,166
44. Edinburgh University Management School UK, $107,956
45. Vanderbilt University: Owen U.S.A., $107,328
46. Rice University: Jones U.S.A. 2008, $107,180
47. Melbourne Business School Australia, $106,978
48. Babson College: Olin US, $106,849
49. University of Maryland: Smith US, $106,636
50. University of Western Ontario: Ivey Canada, $106,073
51. University of Notre Dame: Mendoza U.S.A., $105,783
52.Boston College: Carroll U.S.A. 2007, $105,659
53.Boston University School of Management US, $105,586
54. University of Washington Business School US, $105,554
55. Indiana University: Kelley US, $105,547
56. Lancaster University Management School UK, $104,609
57. RSM Erasmus University Netherlands, $104,211
58. Leeds University Business School UK, $104,165
59. Pennsylvania State University: Smeal US, $103,764
60. George Washington University US, $102,852
61. Michigan State University: Broad US, $102,202
62. University College Dublin: Smurfit Ireland, $101,730
63. Washington University: Olin US, $100,808
64. Nottingham University Business School UK, $100,277
65. University of California at Irvine: Merage US, $100,030
66. Bradford School of Management/TiasNimbas Business School UK/Netherlands/Germany, $99,202
67. Thunderbird School of Global Management US, $99,099
68. University of Toronto: Rotman Canada, $98,940
69. Purdue University: Krannert US, $98,554
70. Arizona State University: Carey US, $98,060
71. Hong Kong UST Business School China, $97,235
72. University of Wisconsin-Madison US, $96,866
73. SDA Bocconi Italy, $96,824
74. Vlerick Leuven Gent, Belgium, $95,754
75. College of William and Mary: Mason, US, $96,717
76. Brigham Young University: Marriott, US, $96,702
77. University of South Carolina: Moore, US, $95,417
78. Tulane University: Freeman, US, $95,384
79. Case Western Reserve: Weatherhead, US, $95,283
80. University of Arizona: Eller, US, $95,225
81. University of Georgia: Terry, US, $94,930
82. University of Pittsburgh: Katz, US, $94,641
83. University of Minnesota: Carlson, US, $94,246
84. University of Florida, US, $93,077
85. Ohio State University: Fisher, US, $92,788
86. Texas A & M University: Mays, US, $91,656
87. McGill University: Desautels, Canada, $91,551
88. Shanghai Jiao Tong University, ACEM, China, $91,346
89. EM Lyon, France, $90,532
90. Nanyang Business School Singapore, $89,836
91. Nyenrode Business Universiteit Netherlands, $89,223
92. University of Iowa: Tippie, US, $88,972
93. University of Illinois at Urbana-Champaign, US, $87,318
94. EADA Spain, $85,811
95. York University: Schulich, Canada, $84,388
96. University of British Columbia: Sauder, Canada, $81,997
97. Temple University: Fox, US, $75,458
98. University of Alberta, Canada, $74,250
I have made some additional comments regarding my ranking in a subsequent post.
Finally, I would like to thank "my team" at FT for doing all of the hard work.
Comments? Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
アダム マーカス
ビジネススクール MBA留学
February 07, 2008
Admissions Director & Consultant Simultaneously?
To a few readers who asked about this recent controversy, I would direct your attention to the AIGAC blog (Specific post quoted in full below). As the first member of AIGAC residing in Japan, I fully endorse my organization's position:
Finally, I have added an additional comment on my analysis of Wharton's MBA essay questions for Fall 2008 admission to reflect these recent events.
Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
アダム マーカス
ビジネススクール MBA留学
"Admissions Director & Consultant– Simultaneously?
In recent days articles have appeared in the press about three admissions directors who serve or have served on an advisory board at a private admissions consultancy in
What is AIGAC’s position? An arrangement where a consultant or a member of the consultant’s staff is also working for a graduate school violates AIGAC’s Principles of Good Practice (“PGP”). The Principles state, regarding consultant relations with schools, that members agree to “Maintain independence of thought and action.” That independence could be compromised if a consultant (or one of its staff members) is receiving payment from a school.
Furthermore, one of the articles quotes one of the three as saying that to avoid any conflict she arranged to receive from the consultancy a list of applicants to her school and intended to recuse herself from consideration of these applications. The consultancy’s release of client names would also violate AIGAC’s PGP. AIGAC members agree to “Maintain client confidentiality” and providing a list of client names (presumably without clients’ permission) to someone who is an associate director of admissions at the school to which the clients are applying conflicts with that principle.
Finally, I have added an additional comment on my analysis of Wharton's MBA essay questions for Fall 2008 admission to reflect these recent events.
Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
アダム マーカス
ビジネススクール MBA留学
Financial Times Global MBA 2008 rankings
You can view all of the glorious FT Rankings for 2008! So exciting... I don't generally blog about rankings because lots of other people do and I find the topic basically pointless. At the end of the day, I look at starting salaries for grads and don't worry about the rest of it. To their credit, FT gives their ranking away unlike Businesweek and US News and World Report, but I guess that probably means something about the market value of FT's rankings.
Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
ビジネススクール MBA留学
Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to.
-Adam Markus
ビジネススクール MBA留学
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