Hey Sandy, where is the picture of Ms. Leopold talking a nerd out of attending Stanford, it does not appear on your Business Week thread.-

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ahem. Happy?

Hi Sandy,

How will an adcom of top 5 schools view a switch in jobs to competitor? (sales/trading at Deutsche for 2yrs to investment banking at Goldmans)

do you think joining a competitor is somehow like being a traitor, or double-agent, or adulterer?

It happens all the time, and many major companies, etc. are, in origin, founded by dudes who broke away fr. mother company. It’s called capitalism.

Just explain growth, etc. reasons why you switched, and be sure not to engage in any silly invidious comparisons–b schools are interested in

1. what was positive and enlightening about each job

2. how the corporate cultures are diff. and how you responded to each (FAVORITE INTERVIEW QUESTION)

Solid New York Times article summarizing women in finance and esp. on Wall Street, apropos of Sallie Krawcheck being taken out of retirement to run Wealth Management at Bank of America.

Women rose on Wall Street in the boom years, when hiring was brisk and a series of lawsuits challenged the domination of men in the industry. . . . .Women have maintained a strong presence in some areas in finance, including wealth management. . . . . “They have moved up because they populate that business,” building client relationships well, Ms. Krawcheck said.

And a growing number of women run investment portfolios at college and prep school endowments. The Harvard endowment, the largest in the United States, is managed by Jane Mendillo.

But in the heart of Wall Street, the aggressive environment on the trading floor is often cited as a reason that women are rare at the top. Others cite the dearth of women to aid in career networking.
The Female Factor
Where Are the Women on Wall Street? byGERALDINE FABRIKANT http://www.nytimes.com/2010/01/28/world/28sallie.html?ref=todayspaper

When Sallie Krawcheck was hired six months ago as president of global wealth and investment management at Bank of America, she was besieged with e-mail messages from current and former Wall Street women celebrating her return to the fray.

Ms. Krawcheck had been forced out as head of a comparable unit at Citigroup in August 2008, a highly publicized departure. Hers has been the only comeback among the three highest-ranking Wall Street women removed during the financial crisis. (more…)

Do you have any insights on merit based scholarships for HBS? I was accepted to 3 top schools in round 1, including HBS. I am wondering if there is any merit to going to HBS and asking if they will provide scholarships to sway me their way?

Is it worth it or should I just accept my offer and hope for a reasonable need-based fellowship?

Just a little extra info, my stats are good but not great for HBS and I am not a diversity candidate.

Thanks for the help.

THE NO ESSAY APP: ahem, ‘waive’ of the future????

NY Times story below reports that local, tier 2 and 3 schools are marketing  pre-approved solicitations (based on PSAT scores, etc)  w. YOUR name and data filled out. The schools advertise no fee to apply and NO ESSAY.  Marquette also gave a free logo hat to the first 250 applicants. Although hat or not, read the fine print

(more…)

Is this The Onion or is this The Financial Times? Alas, Financial Times. So very many applicants are flocking to Ivey over Stanford, no wonder Stanford’s yield is down.

Top for general management
1 University of Virginia: Darden
2 Harvard Business School
3 Ipade
4 Dartmouth College: Tuck
5 IMD
6 University of Michigan: Ross
7 University of Western Ontario: Ivey
8 Northwestern University: Kellogg
9 Stanford University GSB
10 Duke University: Fuqua

http://www.ft.com/cms/s/2/00ee0e74-ffd6-11de-ad8c-00144feabdc0,dwp_uuid=91a27406-05c5-11df-88ee-00144feabdc0.html

 we giggle. For entire Euro agit-prop piece read this for full FT list see story below and link.  This is easy  anti-US sentiment run amok. I’ve said it b4 and I will say it again,  the only test of a b school that counts is given 100 people accepted to Business  School A versus B, where would they go?

 In this case, with London A and either HSW as B, folks B wins like 95-5 (and those five would be choosing based on geo alone). 
London pushes US down MBA list

By Della Bradshaw and Michael Jacobs

Published: January 25 2010 03:06 | Last updated: January 25 2010 03:06

In a move that underlines the decline in the dominance of the US in corporate education, the London Business School has for the first time come top of the Financial Times rankings of the world’s top 100 MBA programmes.

NEW FROM HER MAJESTY–MOST ROUND TWO HBS INTERVIEW INVITES WILL GO OUT ON FRIDAY Feb 12th–(and who predicted that!!!! ME dats who) –and it seems this time, if you dont get the invite on Feb 12th, well, only a trivial number will be given after that. So no more trickle down effect, just a bomb and some late falling debris.

Round 2 Interview Invitations

http://www.hbs.edu/mba/admissions/blog.html

We plan to begin sending out interview invitations on Friday, February 12. The invitation will be an email from HBS MBA Admissions. Our office will be closed on Monday, February 15 for President’s Day. On Tuesday, February 16, our online interview scheduler will go live. Detailed instructions will be in the invitation email.

We plan to interview around 800 candidates in Round 2, including some Round 1 candidates on the waitlist who have not yet been interviewed. Most, but not all, of these invitations will go out on February 12 so that all invitees have equal access to locations and dates. As always, we will continue to send some invitations up to and including April 6, the notification date for Round 2.

Please note that interviews are by invitation only. We do not accommodate requests for interviews from candidates who are visiting campus.

HBS ROUND TWO INTERVIEW JUNKET SCHEDULE. INTERVIEWS TO HAPPEN MARCH 1-19–BUT NO OFFICIAL WORD WHEN INVITES WILL BE SENT, THAT WILL BE HANDED DOWN FROM THE PALACE LATER (THIS WEEK, ACCORDING TO HRH POST). THE OFFICIAL DATES THOSE INTERVIEWS  ARE COMIMG OUT WILL BE RELEASED IN A FUTURE WEB-A-SODE OF ‘HER MAJESTY BLOGS’–’NEXT WEEK’ SHE SAID ON JAN 15TH (TECHNICALLY LAST WEEK!) .  BUT WITH HRH ALREADY COMMITING TO MOST INTERVIEWS BEING DONE WEEKS OF MARCH 1-19, AND THE NEED FOR ADCOM JUNKETEERS TO MAKE RESERVATIONS AND BUY FODER GUIDES, ETC. AND THE FACT THAT INVITES FIRST  CAME OUT IN ROUND ONE 16 DAYS AFTER DEADLINE. WELL, D-DAY FOR INVITES COULD BE FEB 3RD OR SO, IF THOSE HIBERNATING ADCOMS CAN WAKE UP AND ACTUALLY GET BACK TO WORK THAT FAST, OR MAYBE A BIT LATER, GIVEN THAT LOGISTICALLY, THEY COULD SEND OUT INVITES WEEK OF FEB 8- 14TH, AND STILL HAVE THINGS WORK PRETTY SEAMLESSLY. ANYWAY STAY TUNED. SOME OF THIS DEPENDS ON HOW MANY APPS THEY GET ROUND 2.

http://www.hbs.edu/mba/admissions/blog.html

Round 2 Interviews — Where and When?

This is where we plan to interview in Round 2:

London
Paris
Mumbai
Dubai
Shanghai
Tokyo
Sao Paolo
Palo Alto
San Francisco
NYC
Chicago

Candidates are always able to schedule a campus interview. If you are coming to campus to interview, we have reserved space in our first year classrooms for interviewees to observe a class. We also offer a lunch program with current students.

The majority of interviews will take place during the weeks of March 1 - March 19.

There will also be a small number of interviews conducted by phone, in case you are unable to travel to any of the above locations.

I’ll do a separate post next week about when and how we expect to release interview invitations.

This chart was published by HBS and official updated data (not in chart form) confirms it–if you apply this year and graduated college in 2004 or before, you got problems. Those 100 folks are mostly military, PHD’s and MD’s.

That view is confirmed by my own mock interviewing of 80 applicants for Round One, almost no one (but docs, mil, phds) got in who was class of 2004.