Here’s a roundup of some of this week’s top business school related articles:

Women in Business School: Why So Few? (Bloomberg Businessweek)

Bloomberg offers some explanations for why men outnumber women on business school campuses.

U.S. News Ranks Online MBA Programs (Poets & Quants)

U.S. News recently released online MBA program rankings for the first time ever. Check out what Poets & Quants had to say about the report.

Harvard Might Be the Best in Business, But Those Excelling in Entrepreneurship are Babson & MIT (BostInno)

Interested in pursuing an MBA in entrepreneurship? BostInno reviews Bloomberg Businessweek’s rankings of the top programs for entrepreneurship.
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I’ve been speaking with a lot of students in this position recently “ welcome to December. Most second round deadlines are rapidly approaching and some students, unfortunately, don’t yet have the score they want in order to apply. What to do?

What you CAN’T do

There are some things you can do “ but we can’t expect miracles either. If you tell me that your test is in less than 2 weeks and you need to improve your score by 100 or more points, I’m going to (gently) tell you that such a goal is unrealistic. I’m not going to discourage you from going for it (it doesn’t hurt to try), but you should also start examining your other options are. These could include accepting your lower score, changing the schools to which you apply, or postponing your candidacy to a later round or a later year. Some people, thinking through this, actually end up deciding that they’d rather wait a year anyway and take their time with the whole application process.
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Note We at Manhattan GMAT are very excited to welcome mbaMission Founder/President Jeremy Shinewald to our blog to offer his analysis on some recent MBA application news. Here’s what he has to say.

Last week, Bloomberg Businessweek published two articles on declining MBA application volumes, going so far as to call the current application environment a drought. In its first article (Columbia, NYU MBA Applications Plummet), Bloomberg Businessweek noted that Columbia Business School (CBS) and New York University’s Stern School of Business (NYU Stern) saw declines in the number of applications last year of 19% and 12%, respectively, from the previous year. Meanwhile, the number of applicants to Harvard Business School (HBS) declined by 2% and to Wharton by less than 1%. In a separate article (At Top Business Schools, an MBA Application Drought), Bloomberg Businessweek revealed that the University of Chicago’s Booth School of Business and the Yale School of Management (SOM) saw drops of 3.5% and 9.5%, respectively. So, is this truly a drought or is this just a blip”and what does it all mean for you?

Let’s start by taking a look at some incomplete numbers (some schools do not release data on application volumes) for a few schools mentioned in the articles:

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Here is some exciting event news we wanted to pass along to you. We’re going to be participating in the QS World MBA Tour in New York on 9/15/12. We’re also going to be conducting a special seminar called ‘Breaking 700: Strategies for the New GMAT’. Want to learn more? Check out the event on the QS World MBA Tour website.

Here is a blurb from the event page:

The QS World MBA Tour is known across the globe for its high quality MBA information fairs. With 21 fairs across North America this fall, New York City will be host to the biggest event. Taking place at the Hilton New York from 1-6pm, the fair will feature seminars and panels with Ivy League institutions, including Columbia, Wharton, Harvard and a fair with over 150 of the world’s top local and international business school. For the first time, Manhattan GMAT is hosting a special seminar that should not be missed. From 2-2:40pm, learn from the GMAT prep experts and come to a seminar titled ˜Breaking 700: Strategies for the New GMAT.’ If you’re interested in speaking face to face with admissions directors, obtaining application tips, gaining access to $1.2M in exclusive MBA scholarships and specialized GMAT seminars, this is the event for you. For more information and to register, click here: //bit.ly/MOUQ5n.

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Our good friends at mbaMission have released their 2012 Essay Analyses for MIT’s Sloan School of Business, the Johnson School of Management at Cornell, the Haas School of Business at UC Berkeley, the Tuck School of Business at Dartmouth, and the University of Chicago Booth School of Business. We’ve compiled these five analyses into one handy 2012 Essay Analysis Resource for you. Enjoy!

Massachusetts Institute of Technology (Sloan) Essay Analysis, 2012“2013

The MIT Sloan School of Management has tweaked all of its essay questions this year and has dropped one question entirely, going with what appears to be a trend this application season toward giving business school candidates less opportunity to provide qualitative information about themselves. Many applicants will be disappointed to see that Sloan’s quirky cover letter essay prompt remains. We will start our analysis there

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Our good friends at mbaMission have released their 2012 Essay Analyses for Columbia Business School, Stanford Graduate School of Business, Wharton, Stern School of Business, Yale School of Management, and the Ross School of Business. We’ve compiled these six analyses into one handy 2012 Essay Analysis Resource for you. Enjoy!

Columbia Business School Essay Analysis, 2012-2013

Applicants to Columbia Business School (CBS) this year must complete one short-answer question and two essays. Perhaps CBS is returning to the mind-set that less is more by getting rid of the third full essay from last year and adding a 200-character, career goal mini essay instead.

Stanford Graduate School of Business Essay Analysis, 2012-2013

The Stanford Graduate School of Business (GSB) has tweaked its essay questions and word limits this year, moving from an 1,800 word count across four essays to a 1,600 word count across three. Some quick math will reveal that you have more words per essay now”maybe the admissions committee felt it was not getting the true depth of candidate experiences previously? The most important broad advice we can give you is to be sure that you keep the reader learning. Keep your audience in mind”your admissions reader will be going through hundreds of essays this application season. If he/she gets to your essay three and has to read about the same theme yet again, he/she will be bored or frustrated or both. So as you write, be sure that you are introducing new experiences and dimensions of your profile. This will greatly improve the likelihood that you will be able to hold your reader’s attention throughout.

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Our partners and friends over at mbaMission have posted their annual Harvard Business School Essay Analysis. Here is is what they had to say…

Harvard Business School (HBS) kicks off the MBA application season again, and this time it is doing so with a significant overhaul of its entire application. HBS has shrunk its written requirements from four mandatory essays of 400 to 600 words to two essays of 400 words each, but has added a new post-interview 400-word write-up (for the approximately 25% of applicants who are selected to interview), giving interviewees a mere 24 hours to submit their last word to the school.

Managing Director of MBA Admissions Dee Leopold has long held that essays play too prominent a role in the business school admissions process, but does giving candidates just two essays (analyzed later in this post) truly reduce the emphasis? We suspect that having only 800 words with which to make a lasting impression on the admissions committee, candidates will worry that they do not have enough space to successfully convey a full picture of themselves. We therefore expect that applicants will fret even more than usual over their essays, debating whether the two stories they have chosen to share will be sufficiently powerful and compelling, and giving their essays an incredible amount of attention. Meanwhile, to make up for this lack of space”and thus allay their fears that they have not shared enough information about themselves in their essays to persuade the admissions committee to admit them”they will likely stuff their resumes, interview sessions and recommendations with as much crucial information as they can squeeze in. In some ways, then, HBS is just forcing candidates to play a game of whack-a-mole”the school is trying to push information out of the essays, but the information will undoubtedly pop up elsewhere!  As long as the admissions process is competitive and requires that applicants submit qualitative data, candidates will seek to gain an edge any way they can.

Here is our analysis of HBS’s essay questions for this year”we hope it will give you that edge.

To read the complete analysis, please visit mbaMission’s blog.

This is part 8 of a series featuring b-school advice gleaned from one of Manhattan GMAT’s own. Until recently, Patty managed marketing and student services for our sister company, Manhattan LSAT. But she chose to return to business school and started at Wharton last fall. She has agreed to share her application experiences with us in a series called, “Patty’s Path to Wharton.” Read Part 7 here.

Today, we talk to Patty about the dreaded waiting period. The process was agonizing, because you have nothing else to do, she says.

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Jeremy Shinewald, the founder and president of our partners over at mbaMission, was recently interviewed by the Wall Street Journal about the MBA application process. In this interview, he talks about the value of the application essay, what is so special about those top few schools, and why the GMAT is only one important part of the whole application process.

mbaMission offers free half hour consultations. You can sign up for one here.

This post appears in its entirety on the mbaMission blog.

Recently,  mbaMission was fortunate enough to speak with Ankur Kumar, the new director of admissions at the Wharton School of the University of Pennsylvania. Here are some highlights from our conversation, followed by the full transcript below.

• During the upcoming admissions cycle, Wharton plans to pilot a group interview exercise, which could become a mandatory application component in the future.
• Students often see class profiles as a set of preferences, but they only reveal the industries that students came from immediately prior to business school; industry experience is much deeper than it may appear.
• Wharton is seeking quality experience, not a target age or number of years of work experience.

mbaMission: So my first question is, Wharton kind of caused a stir when it switched to behavioral interviews last year, and I was curious why the change was made and what Wharton was trying to learn that it maybe couldn’t learn from its previous process.

Read the rest of the interview here.