by Jenn Yee, guest blogger

We hate and love to admit it, but business school is like a weird marriage-making commune.

Relationships bloom here (some in secret, at first). When we were at Kellogg, three couples that met at business school were already engaged by graduation. In the next six months, four more couples followed. It was like love dominoes.

So what’s with this phenomenon?

As one of my [married] friends exclaimed over Indian dinner during our first quarter of classes to our fellow sectionmates, “Business school is your last best chance to find a man.” Around the table, my single friends looked both panicked and enlightened.

Why is business school such good hunting grounds for a husband or wife? MBA Social has some theories: Read more

There is an ongoing debate in the business world about the perfect age for an MBA candidate.  While the average age for first year business school classes is usually in the 27-28 range, some schools are beginning to trend younger (HBS and Stanford among them), raising questions about the best qualities for an MBA applicant to possess, and whether wisdom can only come with age.

Interestingly enough, recent data from the GMAC shows that GMAT test-takers (a.k.a. MBA prospects) under 24 represent the fastest growing age group. At 13.9%, their annual growth rate is nearly double that of test takers aged 24-30, and it hugely outpaces any older age groups.

Does this mean that younger students make better MBA applicants? Not necessarily, says Eric Caballero, a Manhattan GMAT instructor and Sloan graduate. In business school, he argues, you are graded mainly on participation. If you have little to no actual business experience, you might not have as much to contribute to the discussion as your peers, which could ultimately affect your grades.  In addition, a lack of hands-on experience can also affect the size of your rolodex. B-school reputations begin in the classroom, and the better insight you have, the more people will be interested in networking with you. If you are going to be paying for the rolodex, you want to be sure that you can make the connections.

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Imagine it’s five, ten, twenty years ago…

Congratulations, you just got into college! You are super excited, and your parents are so proud.  The time they spent reading to you, checking your homework, and quizzing you on vocabulary was well worth it, and they are excited to send you off to face your next adventure.  But first, they will leave you with a few parting words of wisdom: Join a club. Don’t drink anything green. Be sure to manage your time well. They’ll send you care packages, and be there for you when you need advice so that, while you may be on your own, you still have someone to turn to.

Now speed ahead five, ten, twenty years…

Congratulations, you just got into business school! You are super excited, and your Manhattan GMAT instructors are so proud. The time they spent drilling you, checking your quant problems, and quizzing you on sentence correction has been well worth it, and they are excited to send you off to face your next adventure.

But, of course, they have their worries. Will you know that you are supposed to pronounce all the letters in ROI? Will you remember your excel shortcuts? Will you be able to work well with your learning teams? What if you have questions about supply chains or microeconomics or how to balance wine and cheese in one hand? Who will you turn to?

Well, GMATers, we have you covered.  Carrie Shuchart and Chris Ryan, two former Manhattan GMAT instructors and successful MBAs, have written you the perfect care package. Case Studies and Cocktails: The Now What? Guide to Business School is both a handbook for the social side of school and an academic primer on the material you’ll have to master.

From the day you receive your first acceptance letter in the mail, Case Studies and Cocktails will prove to be an invaluable guide to the ins and outs of business school.  Whether you are stressed about paying tuition, valuing bonds, repairing a dysfunctional team, or mastering the recruiting process, the solutions are in this comprehensive guide. Filled with the advice of students and staff from over a dozen top business schools, numerous dowloadable calendars and worksheets, and a glossary of need-to-know b-school jargon, Case Studies & Cocktails will provide you with all the tools you need for living and working as a business school student.

For more information, check out the Case Studies & Cocktails website.  Want a sneak peek? Read an excerpt on Poets & Quants or on Fortune.

Today, we’re debuting a new feature”the MBA news roundup! Aspiring business school students should know what’s going on at their target schools. So we’ll be collecting big stories from around the web on a semi-regular basis to keep you updated.

In this installment:

UVA-Darden is launching a new Global Executive MBA program. Dean Robert F. Bruner promises: This new MBA format will deliver the Darden Experience for which we are so well-known but in an international format. The program will enhance the skills of high-potential executives who need to be ready on day one to do business in any market around the globe. More info is available here and here.

Bloomberg Businessweek reports Dipak Jain”formerly the long-time dean of Kellogg”will take over in March at INSEAD.

Nitin Nohria, the incoming dean at Harvard Business School, recently spoke to the Boston Globe about his ambitious goals for his tenure. Just to start with, he expects more from the school than just bouquets and butterflies.”

Also at HBS: The alumni bulletin has an interesting update on the school’s new executive MBA program for health care administrators. It’s designed to develop the strategy, leadership, finance, and operations skills that senior health-care professionals need to transform care delivery in their organizations.

Stanford is launching a new 20-week Program in Innovation and Entrepreneurship, aimed at engineers, inventors and others working in Silicon Valley.

For the aspiring entrepreneurs out there, Ross has released a fascinating study about how Twitter can help upstarts compete with bigger firms.

And finally, the Economist has released its MBA rankings. See a breakdown here.

Did we miss anything major? Let us know in the comments!

We recently read an article that listed seven reasons why the author thinks you don’t need to go to business school.

Going to business school is clearly a major commitment of an individual’s time, energy, and resources. It’s a complex decision, and there’s no right answer that applies to every person. To balance the aforementioned article, we asked Chris Ryan, our Director of Product and Instructor Development, who has his MBA from Fuqua, to give us seven good reasons that business school is still worthwhile. He gave us eight for good measure:

1. The Connections You Build in Business School Will Help You Throughout Your Career

Connections and networking are a huge part of the appeal of business school for many potential applicants. Many ventures, from Revolution Foods Inc., bringing healthy lunches to schools, to Brooklyn Boulders, New York’s largest rock-climbing gym, to BuddyTV, an up-and-coming entertainment website, have been started by people who met in business school.

In fact, our very own Eric Caballero, graduate of Sloan, has found his MBA network indispensable during his career:

I tap my network constantly, hunting for angel investors, marquee clients, channel partners and executive recruits. So long as you understand Networking 101 “ never ask a favor without offering a greater, specific one in return “ you should find your network ready to help. Ironically, the benefits do not end with your professional life. I once contacted an MIT alum, who is the Chief Marketing Officer of a major U.S. airline, to discuss a frustrating customer service issue with my honeymoon flights. He helped me cut through a forest of red tape in half an hour.

2. The Skills You Learn at Business School Cannot be Taught in Books

For some, like Chris, the most instrumental skills learned at business school include how to be a good leader and a good team player. Chris could lead a class of high-school students, but business school taught him how to relate to and lead his own peers in a way he would not have developed otherwise. Sure, you could learn economic theory and business management from books, but when you get your MBA, you’re learning them within the context of an environment that helps shape who you are and helps you become who you want to be.

3. Going to B-school Helps You Figure Out What You’re Good At

From the very first time you look at your application essay questions, business school forces you to make decisions about who you want to become and what you want to do. Even the process of applying helps you clarify your goals, because you have to discuss them in a convincing way.

In addition, business school helps round you out as a person. For example, many schools will film you while you present. They then make you review and improve your presentation skills by going over the video with a coach. “From what I hear, that doesn’t happen in law school,” says Chris.

4. Business School Can Be Useful for People at Any Age

Chris began his career teaching high school students, but chose to change fields in his 20s.  “At 28, less than a year after I was teaching physics, I was a management consulting intern at McKinsey,” says Chris.  “This would not have been possible without business school.”

But even if you aren’t switching careers, business school can still help you focus your career path, restructure and move ahead at a faster pace. A businessman who had worked in large companies, Dave Bosher, who graduated from the University of Richmond MBA program, noted: “The MBA program is a great way to round out your knowledge base and to take your career to the next step.”

5. Business School Broadens Your Personal Perspective and Outlook

At its best, business school forces you to learn to work with a diverse range of people in the business world. Because you are forced to make choices about your own career before you even attend, you meet people who have a variety of different goals, from traditional routes like consulting to unconventional ones like founding a new private business.

In fact, the best business schools help train you to work in diverse teams. Chris worked in a team with a student from Venezuela, and the experience helped him when he was working on a Mexican-Brazilian film post-MBA.  As a former teacher, Chris found that the opportunity to learn from “real” businessmen taught him a lot as well, and certainly the former bankers learned plenty from a physics teacher!

6. Your Business School Becomes Your Brand

The name of the school you attended will carry weight for the rest of your career. You will be able to find favors with other alums, and the name next to “MBA” will make your resume will stand out during job searches.

7. You Put Your Finger on the Pulse of the Future of the Business World:

You and your classmates will be the next class of business leaders. By virtue of being constantly surrounded by intelligent and driven individuals, you can see what the future of business will look like from a unique perspective.

It’s not just your classmates from whom you’ll learn, either. Business schools make a point of bringing in today’s business leaders. Just ask the women who started Gilt Groupe: they met at Harvard Business School and founded their online store with the help of designer Zac Posen, whom they had advised while still in business school. Or try sitting in a room with the founders of Threadless. They might not have gone to business school, but the students at MIT certainly gained a lot of insight from their background! Overall, the CEOs, founders and business bigshots you meet at b-school give you an opportunity to see the business world in a whole new light.

8. B-school can be a lot of fun:

Whether it’s making videos to show to your classmates, or wrestling with the complexities of a business case with your team, there is both real fun and geeky fun in going to school, even while you learn and shape yourself into something better.

Need more convincing? Check out Why MBA? to read why other students chose business school.

What’s the latest trend in MBA curricula, according to Business Week? It comes as no surprise to us here @manhattangmat: Courses on social media!

As more businesses realize the awesome power of Facebook and Twitter, they’re hunting employees who can navigate the tricky waters of social media. So b-schools see a rapidly growing field for which they can equip their students. “Social media skills are the ones that can set them apart. Those are the skills that employers are looking for,” argues John Gallaugher, who teaches Social Media & Web 2.0 for Managers at Boston College’s Carroll School of Management. Columbia now offers four Internet marketing classes”one of them taught by New York Times technology columnist David Pogue. And if HBS’s Competing with Social Networks is any indication, students are enthusiastic, as well: When the course launched, it had three times as many sign-ups as spots in the class.

Once again, business schools are pushing out ahead of the curve!