Archive for September, 2007


Harvard Business School Gets Younger

Posted on September 17th, 2007 in Uncategorized | No Comments »

Harvard Business School Gets Younger
(Source: Harvard Business School)

College seniors apply to law and medical schools and matriculate soon after graduating. But with business schools-at least the top ones-students have historically had to work for a few years before applying. B-schools want their students to enter with some modicum of practical experience.

Things may be changing. Witness the new shift at Harvard Business School, which will now admit college seniors on a deferred-admissions plan.

From InsideHigherEd:

You'd be hard pressed to find it written in most business school literature, but common wisdom says the successful M.B.A. student has five years of post-college work experience. While 26 or 27 remains the average age of entering students at many top programs, business school officials are looking to shatter the myth that there's an age associated with the model applicant.

In a move meant to deliver that message, the Harvard Business School last week unveiled a deferred admissions program that allows applicants to be considered while they are still undergraduates. Rising college seniors who are admitted through the 2+2 program, as it is called, will enroll in Harvard's M.B.A. program after working for two years at a company or organization that has agreed to participate.

"Our message is apply when you think you're ready," said Carl Kester, deputy dean for academic affairs and a professor of finance at Harvard Business School. "We are concerned that interesting and outstanding students are being fast tracked at jobs and are not considering business school until reaching a certain point in their careers. We said, 'What if we opened up a channel to resolve that uncertainty?' "

The program, part of an early-career initiative begun by the business school several years ago to attract younger applicants, is taking aim at students who might not otherwise consider a business school education - such as those who major in fields that aren't business school feeders, Kester said. While the school wants more diversity of age and experience, it isn't expressly addressing race or gender with its new program.

While it's rare for Harvard Business School to admit students straight out of college, already about a third of its entering class consists of students who are 25 and under and most likely have three years or fewer of work experience. The expectation is for up to 10 percent of the school's incoming class of 900 students to be admitted through the deferred track. The first round of applications will come next summer, and the first class will begin the program two years from now.

Google and Teach for America are among the employers that have already signed on as recruiting partners, and Harvard is looking to make arrangements with roughly 100 businesses, including a mix of consulting firms, banks and technology companies. Students can choose their employer but still need to arrange an interview and formally apply (and be hired) for a job.

During the summer between the first and second year of work, Harvard is organizing an orientation and business skills program for the admitted students. A career coach also will be assigned and have light contact with students during their two years of employment.

The idea of courting motivated students to business school through a deferred admissions program isn't entirely new. In an effort to increase diversity among its M.B.A. student pool, the McCombs School of Business at the University of Texas at Austin already has a similar arrangement in which six corporations agree to take on admitted students for three years after they graduate college, after which time the students start school.

David A. Wilson, president and chief executive officer of the Graduate Management Admission Council, said he applauds Harvard's effort to bring more diversity to its business school class, in part because it shows that the school is willing to bet on students who are clear on their career goals.

"What they've done, effectively, is said, 'We're going to find some of the brightest students and make sure they get two good years of experience,' " Wilson said. "Often when someone starts a job it may take four years to get one good year of experience."

So if you're considering business school, start planning earlier.

Masters of Their Own Destiny

Posted on September 12th, 2007 in Uncategorized | No Comments »

Masters of Their Own Destiny
(Source: MIT)

You've heard it before: A generation or two ago, earning a bachelor's degree was enough to ensure a successful career (or at least a shot at one). These days, with just about everyone getting a B.A., it takes an advanced degree to stand out in the crowd. Universities, in turn, are profiting from the rush toward master's degrees.

From the New York Times:

More students than ever have started master's programs this fall, and universities are seeing those programs as potentially lucrative sources of revenue. The number of students earning these degrees around the country has nearly doubled since 1980. Since 1970, the growth is 150 percent, more than twice as fast as bachelor and doctorate programs.

"Master's programs are the most obvious targets of opportunity," said George L. Mehaffy, a vice president of the American Association of State Colleges and Universities. "The degrees are in high demand, and this is an optimal time to enter or expand the market."

For students, the degrees are often expensive; at private universities, many students take out $50,000 in loans for every year of school. And scholarships and fellowships are rare, unlike doctoral programs, which are usually fully financed by universities.

Still, many say the price is worth it. In his two-year master's program in science technology and environmental policy from the University of Minnesota Craig Nelson had $35,000 in loans. Now, he works in regulatory affairs at the 3M Company.

"Without the degree, I wouldn't have the job," he said. "So even though I'll be paying the loan for 10 years, it was a good move for me."

Getting into the business of offering these degrees can be a good move for universities, too, with some that have traditionally focused only on undergraduate students now entering the master's market. The California State University system, for example, has introduced many new applied master's degrees and is expanding its master's of business administration programs.

"We are really conscious of the fact that master's degrees are becoming the coin of the realm," said Gary W. Reichard, the executive vice chancellor and chief academic officer for the California system. "And because M.B.A.'s can offer tremendous salary boosts down the road, we can charge higher tuitions to students."

Maybe an MBA will, but many terminal master's degrees, such as those in the arts and sciences, won't pay off so handsomely. Plan wisely.

Who Gets In?

Posted on September 7th, 2007 in Uncategorized | No Comments »

Who Gets In?
(Source: Hamilton College)

That's the question behind yet another book promising an inside look at college admissions. This one's called Creating a Class: College Admissions and the Education of Elites.

From InsideHigherEd:

The image of admissions officers as gatekeepers is a powerful one in American culture. High school students concoct ways to impress them. Movie plots show how applicants will win them them over by any means necessary (think of the caricatures of admissions officers in Risky Business or Orange County). Their work is so important that Sandra Day O'Connor was called upon to tell them what they may and may not consider - and Chief Justice John Roberts may do so in the future.

Part of the mystique is that what they do goes on behind closed doors. Mitchell L. Stevens has a book out this month about getting behind those doors. The admissions office at an elite liberal arts college that he doesn't name (but we will, later) allowed Mitchell, currently an associate professor of education and sociology at New York University, to work there for 18 months. He helped organize trips to high schools, tours of the campus, answered calls from applicants, shoveled snow, and sat in as the college decided whom to admit. In Creating a Class: College Admissions and the Education of Elites, from Harvard University Press, Stevens shares what he saw.

The admissions officers described (all with pseudonyms) come across sympathetically. Stevens returns again and again to the theme that they care deeply about students and the college, want to help as many students as they can (within a limited budget), and are conscious of the importance to applicants and their families of the decisions made. The admissions officers are seen doing plenty of agonizing, really weighing decisions and worrying about their impact. In an interview, asked what reforms he would make of admissions, he said that the biggest reforms needed in education aren't in admissions.

"I would say that we need to stop expecting so much of the selective college admissions process," he said. "If we are really interested in educational opportunity, we should be looking elsewhere. One problem with our public conversation on educational opportunity is that we focus too much on the admissions process and not on the systems that deliver young people to the system."

But the reality, of course, is that, given the current system, admissions officers have lots of dilemmas. How to attract more students, how to attract enough students who can afford tuition so that money is left over for those who can't. How to keep coaches happy. How to keep alumni happy. The anecdotes Stevens shares show admissions officers to be spending a lot of time on details, and not feeling particularly powerful.

Looks like an interesting read. Maybe I'll post a review down the road.

Sponsored Post: TechSmith and SnagIt Blogging-output Accessories

Posted on September 5th, 2007 in Uncategorized | No Comments »

Sponsored Post: TechSmith and SnagIt Blogging-output Accessories

TechSmith's SnagIt - the world's most popular screen capture software- allow users to capture, edit and share any image, including scrolling windows, objects, menus, video, text, and Web pages and include them in emails and instant messages, PowerPoint presentations, MS Office documents, marketing and sales materials, technical documentation, class handouts, websites and blogs.

Now, the leader in screen capture and technology - TechSmith - has now released its free SngaIt blogging-output accessories.

According to Anil Dash, Chief Evangelist at Six Apart:

"At Six Apart, we've been excited to see people using platforms like Movable Type and TypePad for business communications for years. SnagIt is a powerful tool for creating more effective communications - anything on your screen can be part of the message you share with your employees, customers or partners. It's a natural next step to bring the two tools together. We can't wait to see the creative things people do with the new SnagIt blogging outputs."

Users of SnagIt will be able to capture any image they see on their computer screens, add text, and post the images directly to their LiveJournal, TypePad, Moveable Type or WordPress.com blogs in just a few mouse clicks - allowing bloggers to express themselves creatively and share content online faster.

Find more details from this TechSmith press release.

This post is sponsored by TechSmith.

Ivy Leaguer at 15

Posted on September 3rd, 2007 in Uncategorized | No Comments »

Ivy Leaguer at 15
(Source: Associated Press)

Adjusting to the rigors of the Ivy League is hard enough. Try doing it when you're 15.

That's the challenge facing Brittney Exline, of colorado springs, who's beginning her college career this week at the University of Pennsylvania.

From the AP:

Brittney Exline is too young to vote, drive a car or go to an R-rated movie, but at the age of just 15 she is beginning her Ivy League career Wednesday when classes start at the University of Pennsylvania.

She said she doesn't really notice the age gap between herself and her 17- and 18-year-old peers - and neither do they.

"I didn't tell people right off the bat that I was 15," Exline said. "A lot of people were pretty surprised."

Exline grew up in Colorado Springs, Colo., where at 8 years she was already in sixth grade. By 13 she had finished high school math. She turned 15 in February and graduated a few months later.

She's not preoccupied with how unique her accomplishments are.

"I wouldn't even really realize that if people didn't tell me," she said.

She excels at math and science and is really interested in politics, so she enrolled in a Penn program that will award her degrees from both the engineering and liberal arts schools when she graduates in 2011.

But her resume also includes years of dancing and singing and a couple of teen pageant titles.

"Her motivation, discipline and maturity provided clear evidence that, despite her age, she was ready to travel halfway across the country and thrive in Penn's rigorous academic environment," Eric Kaplan, interim dean of admissions, said in a statement.

Makes you feel rather, uh, unaccomplished, doesn't it? How intellectually mature were you at 15?

Anyhow, best of luck to Brittney…and everyone else starting or returning to college.