THE MBA, LAW & GRADUATE ADMISSIONS BOOKSTORE

I have launched THE MBA, LAW & GRADUATE ADMISSIONS BOOKSTORE. I have included both books that I can personally recommend, Adam's Picks, and books in categories that are most likely to be useful to readers of this blog. All of Adam's Picks have my mini-reviews.
Frankly, I have no idea whether anyone will use this, but I thought it would be a useful experiment. If you buy anything, I get a 4% cut which could eventually take the form of Amazon Gift Certificates for me. Clearly not my day job. If nothing else, my reviews are worth a look.

Wisconsin MBA Moves Up 15 Spots in Forbes Ranking

Now for a moment of shameless promotion for the MBA program at my alma mater, the University of Wisconsin-Madison. (I can't really help it because both my brother and I studied there. He did his BA and JD and I did my MA there. Plus when an alumni tour came to Tokyo this year, they gave me a great hat.)

Now for the Wisconsin MBA news:

The Wisconsin MBA moved up 15 spots in a just-released national ranking of MBA programs by Forbes magazine. The Wisconsin MBA was ranked 27th, compared to 42nd in 2005, the last time the biennial ranking was conducted.
The Wisconsin MBA has made strides in other recent rankings. U.S. News and World Report most recently ranked the Wisconsin MBA 29th in the nation, up two spots from the previous year. In the most recent Wall Street Journal ranking of MBA programs, the Wisconsin MBA moved up nine spots to 25th in the regional category.

In a sense this should be no surprise because the Business School already has a top ranked undergraduate program:

Wisconsin’s undergraduate business program was ranked 13th in the most recent U.S. News & World Report rankings. Real Estate was ranked second, and Insurance/ Risk Management was ranked third. In all, seven programs were ranked in the top 20.

Keep in mind that Wisconsin undergraduates become CEOs:

According to BusinessWeek, 14 of the CEOs at S&P 500 companies hold undergraduate degrees from the University of Wisconsin, putting UW in a tie with Harvard for first place, ahead of Princeton, Stanford, Yale and the University of Texas, among others.

Additionally, Hopefully, we will see Wisconsin kick another school off the Top 30 Businessweek ranking! On Wisconsin!

-Adam, MA, Class of '93
MBA留学

University of Chicago LL.M. Blogs

I just found Second City, who has begun reporting on her life in the University of Chicago LL.M. program. She has already provided very interesting information on the entering class:
Total of LL.M. students 2007-2008: 50
Total of countries represented: 22
1 Argentina
1 Australia
4 Brazil
1 Belgium
1 Chile
5 China
2 Finland
2 France
3 Germany
1 Hong Kong
1 Israel
1 Italy
8 Japan
4 Mexico
1 Peru
1 Portugal
1 Singapore
4 South Korea
5 Switzerland
1 Taiwan
1 Turkey
1 United Kingdom

I look forward to her future posts.

If you look at the University of Chicago LL.M. applicant page, you can also find the Chicago Global blog listed, but it has not been updated (at least at the time of this posting) since September 22, 2006.
Do you know any LL.M. blogs that you think I should mention? Write comments or contact me directly at adammarkus@gmail.com.
-Adam Markus
アダム マーカス

MBA hottest degree across the world: Study

The Times of India has a very interesting article on the increased demand for MBAs worldwide:
Recruiters around the world are on a big MBA talent hunt. The UK is now paying the highest salaries for MBAs worldwide.

China is the hottest market with more and more MBAs joining Chinese companies. Asian students are among the highest GMAT scorers in the world.

I think it is worth taking a look at.
-Adam
MBA留学

A Method For Formulating Goals

No matter whether you are applying for an MBA, LL.M., Ph.D. in Computer Science, a Masters in Arts Management, a MPA, or any other graduate degree, you will be required to write about your goals. This can take the form of a Statement of Purpose, Personal Statement, Application Essay, Goals Essay and/or a Why MBA Essay. MBA applicants will also need to articulate their goals in interviews. Any applicant for any graduate program who communicates with faculty will also have to be able to clearly articulate their goals. You can use the GAP, SWOT, AND ROI TABLE FOR FORMULATING GRADUATE DEGREE GOALS that I have developed for this purpose (see below). I think Gap, SWOT, and ROI analysis are great ways for understanding what your goals are, why you want a degree, and how you will use it. (Click here for the Businessweek MBA ROI calculator. Click here for the GMAC report on MBA ROI. )

(To best view the following table, click on it. For a word version, please email me at adammarkus@gmail.com)

How to use this table:

Step 1. Begin by analyzing your present situation. What job(s) have you held? What was/is your functional role(s)? What was/are your responsibilities?
Next analyze your present strengths and weaknesses for succeeding in your present career. REMEMBER:WHEN YOU ARE THINKING ABOUT YOUR STRENGTHS AND WEAKNESS DON'T ONLY THINK ABOUT WORK, THINK ABOUT OTHER ASPECTS OF YOUR LIFE. In particular, some of your greatest strengths may have been demonstrated elsewhere, so make sure you are accounting for them.
Strengths:What are you good at? Where do you add value? What are you praised for? What are you proud of?
Weakness: What are you bad at? What are you criticized for? What do you try to avoid due to your own limitations? What do you fear?
Next analyze the environment you work in right now. What opportunities exist for your growth and success? What threats could limit your career growth?

Step 2. Now, do the same thing in Step 1 for your future after you have earned your graduate degree. IF YOU CANNOT COMPLETE STEP 2, YOU HAVE NOT SUFFICIENTLY PLANNED FOR YOUR FUTURE and therefore you need to do more research and need to think more about it.

Step 3. If you could complete step 2, than you should see the gap between your present and your future. What skills, knowledge, and other resources do you need to close the gap between your present and future responsibilities, strengths, and opportunities?

Step 4. After completing Step 3, you now need to determine how a graduate degree will add value to you. It is possible that an increased salary as a result of job change will be sufficient ROI for the degree to justify itself, but you should show how a degree will allow you to reach your career goals. How will the degree enhance your skills and opportunities and help you overcome your weaknesses and external threats? If you can complete Step 4 than you should be ready to explain what your goals are, why you want a degree, and the relationship between your past and future career, as well as your strengths and weaknesses. If you know about the schools you are applying to, you are ready to write your goals essay.

Finally, the above table will also help you answer such common interview questions as: Where do you want to work after you finish your degree? Why do you want an MBA (or other degree)? What are you strengths? What are your weaknesses? What are your goals?

Questions? Write comments or contact me directly at adammarkus@gmail.com.
-Adam Markus
アダム マーカス
MBA留学、LLM留学、大学院留学