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Wharton vs Columbia MBA: Detailed Comparison (2018)


Categories : MBA in USA, Top MBA

UPenn's Wharton School vs. Columbia Business SchoolAlthough Wharton has a slight advantage over Columbia in terms of history and reputation, the demand from our readers to do a detailed analysis allowed us to dig deeper into 8 comparison factors: location, ranking, cost, funding, incoming class, curriculum, experiential learning, and post-MBA opportunities.

Location

Columbia Business School is located in Manhattan, New York City(NYC). The City is number 1 in the US and the world in terms of GMP and attracts professional in Banking & Finance, real estate, advertising, media, and retail.

Wharton School is located in Philadelphia, Pennsylvania.


Although Philadelphia is 4th in the US, and 8th in the world, in terms of cities by GDP, the newly evolving service and IT industry will soon replace the Financial industry as a leading contributor. Choice of location depends on your post-MBA industry and the trade-off between the cost of living and lifestyle.

Wharton vs Columbia Location Comparison

Living in...

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Case Study Method: 5 MBA programs that are good at it




Top Case MethodWhile many credit Harvard Business School for the introduction of the case study method, few know that it was the second educational institution to use it. The first was the Harvard Law School, in 1870. HBS adopted this method in 1920.  Today, the case study method is the most popular tool in management education. And not surprising, the best colleges in the world have adopted this tool.

What is the case study method?

Case studies are the presentation of real life business scenarios that are complex and dependent on multiple variables. It includes information about that scenario as well as specific conditions in which it takes place. It could be a business dilemma, a policy decision, or an ethical question. Students have to analyze the facts, and find a feasible solution. The proposed solution should be supported by data and should be logically reached. In class, the professor would present the scenario and ask for responses. Students then present their solution, which are then debated.

Most colleges today follow this teaching methodology. Both teachers and students enjoy the debate that follows. Here are the top 5 MBA programs that are known to be the best in implementing the case study methodology:

1) Harvard MBA Program


The pioneers are also the leaders...

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Top 10 MBA in UK - Salary & Fee (2018)


Categories : MBA in UK, Top MBA


Although the impact of Brexit on access to European talents has not yet been tabulated (Right now the UK ranks #6 for labor market efficiency), the United Kingdom has fallen one place to rank at #8 in the world for Global Competitiveness. The technological readiness, a vital competitive advantage for economies, in a 16-year period, puts the United Kingdom at #1, ahead of the United States, Germany, and Japan, although the debts acquired by the govt. to fund social programs is at an alarmingly high ratio (close to 90% of GDP).

Uk Economy Growth RateThe GDP growth from 2001 to 2016 has been uneven with 2009 shrinking the GDP by 4.18% - the second largest fall when compared to nearest European competitors – France (-2.9%) and Germany(-5.6%), and the United States (2.76%). The correlation with the Global Financial crisis can be attributed to the Financial and Insurance services industry that contributes 7.2% of UK’s total Gross Value added. In terms of employment, the industry maintains over a million jobs (3% of total jobs in the UK) with London accounting for 51% of all the value-add.

While ranking the top 10 MBA programs for our book - MBA in the UK (2018) - Industry Analysis, MBA Comparison and Funding, we found out that half of the Full-time MBA program doesn’t offer immediate post-MBA salary data but instead uses a 3-year post-graduation data that might not give a clear value proposition for applicants who shortlist programs based on immediate value. We have mentioned the peculiarity of this practice in our table.

Note:

1) Your post-MBA job function...

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Getting into Stanford MBA – Acceptance Rate



The first thing that an MBA aspirant has to do as part of research is to list the acceptance rate of the shortlisted Business Schools. The acceptance rate of top 10 Business schools are much lower (10-12%), not just because of the high standards but because most applicants will apply to top schools as part of the dream school application strategy.

Applicants with 550 – 680 GMAT scores are also not behind this process, as most of these applicants will apply to Harvard, Booth, Stanford, Wharton or Columbia. This has a dramatic impact on the total number of applications.

Another reason for the volume is the global recognition that Stanford earned and the reputation that the school favors Entrepreneurs of all nature (aspiring, in the middle of transition and established). The truth is that there is a subtle difference in who the admission team accepts and there is no hard and fast rule that only one type of Entrepreneurs is accepted. A big part of improving your chance for acceptance is to articulate a consistent story and break down your motivation. Truth travels through the clutter if you know how to remove unnecessary adjectives and articulate a clear motivating story.

If you look at the applicants for Stanford Full-time MBA program over the past 10 years, except for the class of 2012, the program experienced application growth consistently with 2009-10 (the period of Global Financial crisis) experiencing the largest growth – close to 10%.

2017: 8173
2016: 8116
2015: 7899
2014: 7355
2012: 7204
2011: 7536
2010: 6575
2009: 5741
2008: 4868

Why low Acceptance Rate

...

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IMD vs INSEAD MBA: Comparison based on Size, Ranking, Class Profile, Curriculum, Post MBA Jobs & 11 Other Factors



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: Financial Times Global MBA Ranking, and The Economist Full-time MBA Ranking, INSEAD MBA program scored an average rank of 11.5 against IMD’s 26.5 with INSEAD at #2 for the latest Financial Times Global MBA ranking.

...

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