On Monday, May 1, Chicago Booth stated that businessman and philanthropist Ross Stevens, Ph.D. '96, had given the school's Ph.D. program $100 million to help push the boundaries of academic business research. The program will be called the Stevens Doctoral Program to honor Stevens.
People often decide to pursue an MBA without giving it much thought, but that's not a good idea. Before you start getting ready to apply, you should really think about why you want to get the degree and make sure it's the right choice for you. Here are five indicators that can help you decide if you're ready to apply to business school or not.
Have you ever woken up from a recurring nightmare in which you had to take an exam for which you hadn't studied? No one likes the feeling of not being prepared. And this worry takes over many parts of our professional lives. No one wants to be caught off guard in front of an MBA admissions committee, a current client or boss, or even a networking event. The answer is to be confident in all of these conversations and presentations. How? Preparedness. In this blog post, we'll talk about what you should do to get ready for a variety of common career scenarios.
Becoming a great manager is essential for becoming a great leader. Good managers not only extract great output from their employees, but they also relieve the executive team of most of the day-to-day operations, allowing them to focus on more tactical challenges. Leaders develop a vision, while managers develop goals and guide their teams toward shared goals connected to that vision. This blog post will go over five strategies to becoming a successful manager.
Tuck got a $52.1 million gift from an unnamed acquaintance six months ago to fund a recurrent global summit on health, wealth, and sustainability held by Tuck. What exactly does this mean? This conference will discuss the intersection of public policy, health care, and climate change, as well as establish Tuck as a hub for funding in these fields. What does this mean for you? Tuck wants to turn into a ground zero for scholarships in this field.
The first MBA essay question asks you to write about your career goals. Tuck wants you to tell them a) what your career goals are, b) why you want to get an MBA, and c) why you want to go to Tuck in particular. You only have 300 words for this essay question, so talk about each of these three things directly and succinctly.
No doubt everyone in this space will be analyzing those changes today (I am too), but my guess is they will come to incorrect conclusions in many cases. There are a lot of reasons why people make incorrect determinations when analyzing changes, but much of it can be attributed to cognitive bias - everything from recency bias to bounded rationality to confirmation bias. We tend to read things in one way and our flow of assumptions follows that set path. I will explain what I mean with the context of each questions - but just be forewarned that this blog post serves two functions: an analysis of Tuck's questions, but also an attempt to figure out why people trip up and make errors in interpretation.
We all know that these jobs are hard to get no matter what school you go to. For any "career switcher" out there, you are going to face the challenges anyone with a more finance-oriented background would have - except that a career switcher is going to face these issues on some order of magnitude that is higher and harder. The factors below already take that into consideration.
Kellogg vs. Tuck for PE/VC - it's a toss up.
