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HBS

Manhattan Review provides its students with topnotch prep courses that will allow students to tackle the challenges found in the GMAT. For young and aspiring entrepreneurs, entry into a top business school is vital to their future success. You have us on your side and quite frankly, our courses are more than capable of pushing you over the top. Assistance like that is valuable and necessary if you want to enter one of the ten toughest business schools in the country:

School name (state) Full-time applicants Full-time acceptances Full-time acceptance rate U.S. News rank
Stanford University (CA) 6,618 466 7.0% 1
Harvard University (MA) 9,134 1,013 11.1% 1
University of California—Berkeley (Haas) 3,444 420 12.2% 7
Massachusetts Institute of Technology (Sloan) 4,490 599 13.3% 4
New York University (Stern) 4,416 601 13.6% 11
Columbia University (NY) 6,669 1,062 15.9% 8
Dartmouth College (Tuck) (NH) 2,744 492 17.9% 9
University of Pennsylvania (Wharton) 6,442 1,209 18.8% 3
Yale University (CT) 2,823 539 19.1% 10
Northwestern University (Kellogg) (IL) 5,305 1,119 21.1% 4

If the school you were seeking a nod from was not on this list, you can expect a 50-50 chance of getting accepted. While that may seem low to you, it does not beat the extremely low acceptance rates that Stanford University, Harvard University, and UC-Berkley are known for. Manhattan Review’s founder, Prof Dr. Joern Meissner, received his Ph.D in Management Science from Columbia University, which currently boasts an acceptance rate of 15.9%. With this in mind, you can use years of knowledge and prep expertise collected by him and his staff to assist you in preparing for the business world.

Much of the information above can be found in the original U.S. News article here.
For more information on a Free admissions consultation and GMAT preparation, contact Manhattan Review today.

Posted on December 10, 2012 by Calvin

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Harvard Business SchoolHBS Culture 

Harvard Business School has been implementing  many new changes that all focus on collaboration.  Every admitted student is given a face-to-face interview with the admission committee to get a better idea who they are as people, and how they work with others.  Collaboration is ultimately the tool to making a difference in the world.

HBS MBA classes are always diverse.  There is no ideal HBS student.  The admissions committee is looking for students from a variety of backgrounds to present a host of perspectives and get students thinking creatively. Sure they will share common traits such as strong analytical skills,and good leadership qualities.  But the important thing is that the students can work well with each other and bring their own unique perspective to the table, ultimately creating a more comprehensive and beneficial program.

New Initiatives at HBS

Harvard is encouraging undergraduate seniors to apply to HBS throughout the year instead of the usual just during the summer now that Harvard 2+2 Program is up and running.  In keeping with these new changes, Harvard has added new course requirements for first year students emphasizing small group collaboration and hands-on application of the material.  The new course series, called The Field Immersion Experience for Leadership Development (FIELD) is detailed in the 3 Modules below.

1) Leadership Module

The Leadership Module emphasizes small group work and close collaboration with the faculty to provide insight into the best leadership qualities.

2) Module 2

Module 2 will place new student in 14 different cities in 11 emerging economy countries to receive hands on experience in product development exercises.  THe 11 countries will include China, South Africa, and Vietnam, among others.

3) Integrative Exercise in Entrepreneurship

In this module, the student start their own companies, focusing on marketing and customer service.

HBS Financial Aid Information

Harvard Business School encourages all undergraduate students to apply no matter their financial standing.  Financial Aid is not applied for until after the acceptance of the student. Further, the Harvard Alumni have been very receptive to supporting new HArvard students and their education.

Some Quick HBS Admissions Facts

  • Harvard looks at their prospective student holistically, never using a point system or structured formula to judge the quality of the student
  • Harvard Business School class is about 39 percent women
  • About one-third of the class members are non-U.S. citizens

For more details, please also read our Harvard Business School Admissions Tips.

The claim among certain individuals that business school produces graduates well-equipped to succeed in the classroom but ill-prepared to think outside it deserves greater attention. In the classroom, students learn tools of data analysis that are extremely useful in business, but are removed from real life business dilemmas.

The Crux of MBA Education
This critique of business management education calls into question the fundamental curriculum choices made by MBA programs. For example, the case method developed at Harvard Business School (HBS) may be partly to blame for lingering sentiments among those that hire MBAs that they lack in the practical experience essential to decision making in the corporate world.

The case method used not only at HBS but throughout the world incorporates the world of real business decisions to the extent that actual cases are discussed and analyzed in the classroom. In a case method analysis, students have the complete picture; they know the beginning, middle and, very often, outcome of each case. Yet, a classroom discussion or debate on an actual case seen in hindsight is not the same as business decision in which some pieces of the puzzle may not be so apparent.

Columbia’s Innovation
It is with this in mind that Columbia Business School veered from the case method in its fall curriculum, employing a new approach to management education known as decision brief. Dean Glen Hubbard developed the decision brief method in reaction to some of the weaknesses of the case method. It approaches a case with less information and does not reveal the solution to the problem until after a full discussion. In an effort to make discussion more like the real business world, the decision brief seeks to a more plausible real world simulation, a view from the ground rather than from the air in a certain sense.

The Case Study vs. Decision Brief debate may be just part of the larger issue of MBA curricula and the changes needed to make the degree up to date with the current needs of businesses. The ability to solve problems from many different business perspectives, be it finance, operations or marketing, is necessary for a future business leader. Many schools, including Yale, Stanford, and UCLA, are addressing their curricula to keep an MBA from their school in high demand.

Too Much Information, Shortcuts, and other Criticisms
The criticism of the case method includes other aspects: There is too much information in a case study – much of the information is irrelevant or unimportant to the main points. In some cases, a large portion of the 10 page single-spaced document may be “skimable” by the student. Also, there is no macro-level recap of the information in the study; the key facts and issues are often times not salient.

Revising the Classroom Experience
Ultimately, much can be learned in the classroom, but not everything. Thus, Columbia and many other business schools around the world are seeking to stretch what the classroom can do by incorporating a revision of the case method into its curriculum. In many cases, schools are requiring students to work with companies, often abroad, on problems those companies are currently dealing with. It will be interesting to see the reaction of students and the corporate world to this adjustment in their management curriculum.

Posted on March 3, 2008 by Manhattan Review

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