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Rotman MBA Interview with Admission TeamRead the First Part of the Interview with Nikki Da Silva, where we discuss self-development labs and Rotman Full-time MBA Curriculum

In the second part of the Interview Series, Nikki shares the opportunities for career switchers, post-MBA mobility trends and a unique feature of Rotman Full-time MBA – Flexible Internships.

What percentage of the MBA Class successfully switched job functions? How can career switchers get maximum value out of Rotman MBA Curriculum?

Job switch can be defined beyond simply a functional switch as many of our MBAs identify a goal of switching industry and/or geography, and sometimes all three. Broadly, more than 95% of our class identifies as career switchers.  When drilling down to function, typically more than 70% of the class successfully switches functions (the recent historical range is 67%-77%).
 
There are a number of things career switchers should do to maximize their program experience.  Start the Career Foundations modules online before the Program even begins, join...


Rotman MBA Interview with Admission TeamIn the first part of the Interview with Atul Jose (Editor, F1GMAT), Niki da Silva, the Managing Director of Rotman’s Full-Time MBA Program, shares the common misconception about the full-time MBA program, the motivation behind the self-development Lab and the curriculum structure of Rotman Full-time MBA

What is the biggest misconception about Rotman Full-time MBA?

Our proximity to downtown Toronto provides so many benefits for our students to build their network and connect directly with alumni and organizations.  This may create the misconception that all Rotman grads are “Bay Street bound” for traditional management consulting and investment banking roles.  One of the benefits of a relatively large class size (intake of 350) is that we certainly do have students targeting these highly sought after post-MBA roles, but, we also have students pursuing start-ups, technology, healthcare, innovation, real estate, and many others industries and functions. The diversity of our class definitely shows up with a broad range of post-MBA roles, and the common theme is that our grads have a real desire to make a difference and have an impact wherever their career takes them.  
...


RSM MBA Curriculum -<br />
InterviewRead the Second Part of the Interview (RSM MBA - Post-MBA Opportunities, Brexit and Visa Rules) with the RSM MBA Director of MBA, Marketing & Admissions – Brandon Kirby.

In the third part of the interview, Brandon highlights the funding options available for RSM International MBA applicants and the entry criteria for the Full-time MBA program. 

What are the entry criteria for the RSM Full-time MBA program?

We require the GMAT for all incoming candidates. Our average varies class-to-class, but is generally around 650.
We do look for strong undergraduate GPA, especially in quant-based courses. However, poor undergraduate grades don’t immediately lead to a rejection. During the admissions process, we develop a great relationship with candidates, so we can have an in-depth conversation to address low grades.

The Dutch government requires an English proficiency test for all Chinese candidates as part of the visa application process. Otherwise, we do not require an English test, but if the admissions team feels that language is...


RSM MBA Curriculum -<br />
InterviewRead the First Part of the Interview (RSM MBA - Curriculum, Misconception & Sustainability) with the RSM MBA Director of MBA, Marketing & Admissions – Brandon Kirby.

In the second part of the interview, Brandon shares the latest placement trends for RSM International MBA,  opens up about the impact of Brexit on post-MBA opportunities and sheds light on the visa rules for International students during the job search.

With a 97% International class, the logical question would be about the post-MBA placement trends. Can you share the latest trends?

The most popular job functions are finance/accounting, consulting, and sales/marketing. As for industries, we see our graduates take positions in a variety of places, but consumer products, financial services, and technology, seem to be popular this year.

Last year was an interesting year for compensation, as both Brexit and Trump seemed to have an effect on salaries and signing bonuses. Our job placement remained strong, with nearly 90% had accepted a job either before graduation or within three...


RSM MBA Curriculum - InterviewAtul Jose, the Editor of F1GMAT interviewed Brandon Kirby, Director of MBA Marketing and Admissions at Rotterdam School of Management, Erasmus University to learn about the RSM Full-time MBA Curriculum and the experiential learning opportunities the course offers.

In the first part of the interview, Brandon shares the biggest misconception about RSM, and how Netherlands’ position as a leader in Sustainability has helped the school integrate Business with Sustainability throughout the curriculum.

What is the biggest misconception about The Rotterdam International MBA program?

I joke with candidates that RSM is the top ten ranked European business school you have not heard of. The Dutch are very humble in that regard.

One of the biggest misconceptions would be that most of our students are Dutch or that you need to speak Dutch to settle/work in the Netherlands. Both are untrue.

Our class is over 95% international every year – a fact that is surprising to many people. Because of this, the classroom environment...


MBA Program Selection Apply this RuleSuzy Welch, Business Writer, for BusinessWeek has popularized the 10-10-10 rule. According to the rule, before making any tough decisions, ask three questions: How would you feel after 10 minutes, How would you feel after 10 months, and How would you feel after 10 years. We would like to modify the rule, by a touch, and apply it while selecting MBA programs: MIT vs Stanford, Wharton vs Harvard, Kellogg vs Booth, LBS vs Insead, IE vs IESE, and other close ones.

The 10 Minute impact of the rule seems a little stretched unless they are decisions like proposing to your partner, saying yes to non-refundable products, and other decisions where backtracking is not encouraged, or consequences are catastrophic. Although selecting MBA programs is a 1 month to 3-month process, the decision should be reviewed and changed if...


Indian Institute of Management, Ahmedabad (IIMA) was founded in 1967 by the Government of India in collaboration with business visionaries. Today, it has cult status among Indian B-school aspirants and has grown into an EQUIS-Accredited internationally recognized management institution. Indian School of Business (ISB) was founded by a group of eminent industrialists and academicians in association with Kellogg and Wharton. The first student intake was in 2001, and in just a decade, the school is now nipping at the heels of IIMA for the title of India’s best B-school in most international rankings.

Although Indian B-schools rankings do not rate the AACSB-accredited ISB, students both in India and abroad have a fuzzy perception of how these two MBA behemoths compare with each other. Some say it is like comparing apples and oranges; which is partially true, but we have undertaken the challenging task of sizing them against each other.

Do note that in India, MBA degrees can only be given by universities. That is why B-Schools here offer management diplomas equivalent to an MBA, and both IIM and ISB call theirs – PGP or Post Graduate Program.

1)...


MBA Research Utility ValueBenjamin Franklin showed us the power of Moral Algebra method. We adapted the method for MBA Research and demonstrated how you could choose when it comes to two equally good MBA programs. The method works when the choices are limited, but while interacting with MBA Applicants through our MBA Admissions Consulting service, we asked the applicants to cite the reasons for shortlisting the MBA programs. Some were rational reasons, reached after extensive research while many were irrational conclusions reached through faulty assumptions. When the reasons for selecting the MBA program are flawed, Admission consultants cannot successfully strategize and guide the MBA applicant through the Admission process. Deep down, applicants know that they have selected the MBA programs based on reputation (one of the several factors that should influence your selection) and not on extensive attribute matching – a process we highly recommend.

We falsely...


I can understand how a current student praises the MBA program through student blogs, social media, and other interactions. However, a recent trend that I have seen in some message boards is the die-hard fandom of MBA aspirants. Most of them have just finished their GMAT, and have decided to apply to an MBA program. But they are already big fans of some MBA programs!

Fandom is not a disease but it is irrational. When you are making $150,000 to $200,000 decisions, last thing that should influence you are irrational thoughts. If you have gone through student blogs, 90% of them will be about the ‘awesome experience’, ‘the amazing professors’, and ‘the great opportunity’ that lie ahead for all MBAs. Some message boards are filled with a few sour grapes who bash the Business School on every given opportunity, just because they did not fully understand the value of the MBA program, and overestimated the return on investment.

The truth is somewhere in the middle.


Talk to the Alumni

While I was shortlisting Business Schools, my decision - not to pursue an MBA, and instead start F1GMAT was influenced by a close friend of mine, and 2-3 alumni. I was looking for an Entrepreneurial MBA program and through my interactions with Business School representatives, started believing that an MBA would help me become an entrepreneur....


IMD vs INSEAD MBAIMD and INSEAD MBA programs seem to be different tier programs, but both MBAs are often shortlisted by aspirants who are planning to get into a top program in Europe. Let us look at eleven factors and compare the MBA programs.

1) Size


The primary difference between the two programs is the class size. IMD is targeted for a select few with just 90 students selected every year for the Full-time MBA Program. INSEAD Full-time MBA accepts over 1000 students.

2) Location

IMD’s Campus is located in Lausanne, a french-speaking City in Switzerland. It is just 62km from Geneva, one of the Financial Centers in the world. The largest employment opportunity in Lausanne is for the services sector, followed by manufacturing and processed goods sector. INSEAD, on the other hand, has a three-campus structure: Fontainebleau (Main Campus), Singapore and Abu Dhabi. With this structure, students can leverage the strengths of each of the locations – Europe, Asia, and the Middle East.

Flexibility:
Insead > IMD

3) Ranking

When you compare the average rank from two major rankings:...


Insead vs LBSLondon Business School (LBS) and INSEAD Business School offer MBA programs that are ranked among the best in the world.  The quality of the students, the teaching methodology, curriculum, faculty expertise, networking opportunities and employment statistics have contributed towards the rise of these two giants among the MBA elites.

1) Location

LBS is located in London, which has been consistently voted as the best European City to live. The school campus is located next to Regent’s Park, the epicenter for experiencing London's history, art, and culture. 43 Universities in the City earned London the title as the ‘largest concentration of higher education in Europe.’  In addition to that, over 75% of Fortune 500 companies have their offices in the city.

INSEAD’s main campus is located in Fontainebleau, 34 miles away from Central Paris. Students will experience a peaceful environment, isolated from the hustle of the city. It is not far off from the renowned Forest of Fontainebleau. The highly integrated transportation system in France allows students to take a quick detour to Paris - the fashion capital of the world. 

A clear advantage that INSEAD has over LBS is the...


Our innate curiosity has made us a species that is dominant over all the animals. The “Why”, “When”, “What”, “Where”, and “How” questioning is useful not only for our daily lives but extremely useful for MBA Admissions. Each stage of the admission process requires us to ‘ask questions’.

Evaluating Business School Ranking


Business School ranking is one data that MBA applicants look closely before picking their top 5 schools. Unfortunately, applicants tend to switch off their curiosity when it comes to published ranking from leading news sources without questioning the data collection methodology, ranking criteria, and response rate.

One data that applicants have always assumed to be valid and thorough is the response rate. Most surveys get anywhere between 20-30% responses from the entire alumni pool. This is much worse than the average voter turnout in leading democracies – United States (48%) and India (58%). Citizens in these countries are vocal about the apathetic state of the election process, and quality of candidates. However, when it comes to a $75,000 to $200,000 decision, our...


If you feel that, it is speculation that 1-year MBA creates more disenchanted Alumni than raving fans; the 2016 Alumni Perspective survey published by GMAC offers a glimpse into the realities of the MBA market. While 51% of Full-time 2-year MBA and 43% 1-year MBA cited Change in Occupation, 46%, and 41% from the respective groups mentioned Switching industries as a goal for pursuing Management Education. The survey response is a reflection of pursuing MBA with unrealistic expectations or overvaluing the potential of a Business School.

As a mean to measure loyalty, Reichheld, Bain & Company, and Satmetrix introduced Net Promoter® (NPS) score, a scale from 0 to 10 that measures an Alumni’s likelihood of recommending the Management program. A score of 9 to 10 means highly likely, 0 to 6, least likely and 7-8 neutral. A 45+ score mean, the Alumni highly recommend the program.

NPS Score MBA
 
Among the many Management and Master’s program on offer, Executive MBA, Master of Accounting, Online MBA, and Full-time two –year MBA was above the 45+ score required for raving fans. Our team didn’t expect Online MBA to feature in the top 4 list, but to a large extent, the expectations from each program define the satisfaction.

The...


IESE vs IE - Spain's Economy 2001 to 2017Spain’s Economy has gone through five years of slowdown after the 2009 crisis that shrunk the GDP by 3.6%. However, for the past 3 years, Spain saw a revival of a sort. Unlike the US, the collapse was triggered by traditional banks. They overindulged in approving loans, anticipating a real-estate boom. When the reality did not match, the unemployment in Spain rose to 25% at one point, and the youth unemployment set a disastrous 50% levels. The bubble burst, but luckily Germany’s economy had offset the imbalance. Since the interest rates were set for the entire region (Euro), Spain couldn’t justify paying loans for a higher rate.

The government took painful austerity measures by reducing public sector wages, and hiking VAT rates from 18 to 21%. Luck had a big part too. Greece one of the popular tourist destinations lost their share of tourists to Spain due to inflation. The government's steps to broaden the tax revenue, first through a cut in personal (52 to 45%) and corporate (30 to 25%) taxes was a bigger contributing factor. Instead of regulations limiting enterprises, the government allowed companies to set up recruiting policies. The terms of employment offered the flexibility for companies to limit the...


Business School ResearchResearching about top Business Schools should be the most important activity in your MBA Application process. If you get this process right, then all your efforts in GMAT Preparation, MBA Application Essays, Interview, and Recommendation Letter will fall into place. Try our Basic Profile Evaluation Service, and we will shortlist the right schools for you. But before that, learn about the nine key selection criteria:

1) Post-MBA Goals

MBA Applicants have different goals. It is important to define goals, clearly, according to your background and motivation. Not all applicants want to enter investment banking or start their own Business. Some might look at an MBA as a mean to switch job functions, increase prospects globally, or use it to explore various career options.

If you have read Switching Industries after MBA – Not Easy! you will understand that many...

Top 31 MBA Programs + Analysis of 24 Industries (United States)


We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).


Pages: 327

Reviews

"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

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