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Business Schools Streamline Admissions
Anyone applying to business school is likely already well-versed in the variants of programs available at most graduate business schools, but for those new to or just dipping their toes in the waters of the process, here's a breakdown: The traditional MBA program at most U.S. business schools is a full-time, two-year course, regarded as the best all-around pedigree for graduate students looking for versatile job opportunities. The Executive MBA (EMBA) is designed for students in mid-career, looking to retool their professional skills while still working full time. Part-time MBA programs are a viable option for students who cannot afford to engage in a full time program.
Post-graduate education in the U.S. is still about prestige, and full-time business MBA programs remain the most exalted and offer the broadest professional options. EMBA programs are often subsidized by the student's current employer, meaning that the skills earned will often be tailored to aid the student's advance only within their current position or industry. Part-time MBA programs, for better or worse, still lack some of the prestige of their cousins.
One advantage to business school candidates is the recent decision by several business schools to streamline the admissions process, so that students applying to any one of the three types of MBA programs can submit a single application. For instance, if a student's GMAT scores aren't high enough for Columbia's full-time MBA program, but that same student has career clout that would add to the environment of Columbia's EMBA program, the student may be accepted into the latter without needing to apply for both. The centralized processing takes some of the mystery out of the odds/options game for business students and gives the schools a more varied pool from which to draw applicants. For the full story, see: Financial Times
Labels: business schools streamline admissions
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