If you're thinking that now might be a good time to get off Wall Street and lay low by applying to business school, you aren't alone. Applications to business schools are booming. "It's the second-largest year-over-year surge in applications to full-time programs since 2002, and the highest level of increase in five years," Business Week reports.
The sharpest increase is in mid-tier business schools. Penn State's Smeal College of Business, saw a 39% increase in applications, for instance. But even MIT's Sloan School of Management and NYU's Stern School of Business saw double digit increases in application volume.
Sagging Economy Boosting B-School Programs [Business Week]
Posted by guest , Aug 27, 2008 4:57PM
Carney, why the hell would we care about Penn State's Smeal College of Business (didn't even know it existed). You might as well give us stats on University of Phoenix while you're at it...
Posted by guest , Aug 27, 2008 5:05PM
1 - Maybe it typified the kind of schools that are seeing the sharpest increase in applications, which happens to be the jist of the post.
Posted by guest , Aug 27, 2008 5:05PM
"even MIT's Sloan School of Management and NYU's Stern School of Business saw double digit increases in application volume"
Great, i might as well dont bother taking gmat's (have a 3.2 gpa which hurts) and i will be stuck with quant money management as i want to move towards fundamental side. Or maybe move to brazil, do some non profit crap for a year to get in hbs!
Posted by guest , Aug 27, 2008 5:06PM
"even MIT's Sloan School of Management and NYU's Stern School of Business saw double digit increases in application volume"
Great, i might as well dont bother taking gmat's (have a 3.2 gpa which hurts) and i will be stuck with quant money management as i want to move towards fundamental side. Or maybe move to brazil, do some non profit crap for a year to get in hbs!
Posted by guest , Aug 27, 2008 5:06PM
Losers.
Posted by guest , Aug 27, 2008 5:06PM
I just got admitted to Apex Tech executive MBA program.
Posted by guest , Aug 27, 2008 5:08PM
4 You're a perfect candidate for CFA. Do it dude. I've been there (trying to break into fundamental asset management, though not from quant) and can tell you it will help.
Posted by guest , Aug 27, 2008 5:10PM
1 Smeal actually has a very good reputation for operations management (i.e. running factories, distribution systems). You'll see industrials recruiting there and liking it.
Posted by guest , Aug 27, 2008 5:10PM
@ 1
dumbass
Posted by guest , Aug 27, 2008 5:17PM
this post and the article behind the post make me just want to say, uh...durrrr
Posted by girl , Aug 27, 2008 5:24PM
Carney can you print out this post and snail mail it to my parents when I get rejected from Indiana University school of Just Kill me Now?
Thanks in advance.
Posted by Anal_yst , Aug 27, 2008 5:27PM
ditto girl, argh...
Posted by guest , Aug 27, 2008 5:28PM
im thinking about paying someone to take the gmat on my behalf... any takers?
Posted by guest , Aug 27, 2008 5:32PM
@6 - the beauty of the Apex MBA is that after you read each book, it's yours to keep...
Posted by TheEngineer , Aug 27, 2008 5:40PM
Wasn't this in the economist a month ago? Anyway, all you need is something to separate yourself from all the other people worried about losing their jobs or not getting promoted.
In other words, we're all screwed and not in the good way.
Posted by guest , Aug 27, 2008 5:45PM
13 - just took the gmat ... they finger-print you! good luck! i'd love for someone to take my gmat for me
Posted by guest , Aug 27, 2008 5:46PM
@13 no problem. They're isnt an exam i cant take. Pencils down bongs up and its 420 University!
Oh.... and #17 eats my ass.
SPODE
Posted by bank_teller , Aug 27, 2008 5:59PM
#17 -- started class early today? well done!
Posted by guest , Aug 27, 2008 6:29PM
...and it is going to get even worse for those applying now for fall '09.
Posted by trojan , Aug 27, 2008 7:32PM
@17- its called UC Boulder not 420U. anybody check the freshmen crop this year?
Posted by guest , Aug 27, 2008 7:57PM
hey 17, you are 17 so have fun chasing your ass like this
http://www.youtube.com/watch?v=ZLylhDFBqEM
Posted by guest , Aug 28, 2008 8:11AM
I just got into ITT Tech!!!!
Posted by guest , Aug 28, 2008 9:00AM
Wait a second... let me get this straight:
Massive layoffs across Wall St. coupled with a shitty economy that doesn't appear to be getting better any time soon. And we're to believe this environment is leading to an increase in b-school applications???
Where's the forehead slapper when you need him?
Posted by guest , Aug 28, 2008 9:14AM
23: Just...shut...up.
Posted by guest , Aug 28, 2008 9:29AM
Where's the forehead slapper when you need him?
For that matter, where's Thadeus Monk (the one who always offered to provide some interim employment for any attractive female in need of some walking around money.)
How about blnde banker as well? Haven't heard from some of the old regulars in a while.
Posted by nybasic , Aug 28, 2008 11:28AM
I am so bored and frustrated im actually considering Devry fopr my MBA. But I'll most likely do the cfa.
Posted by nybasic , Aug 28, 2008 11:29AM
yet another typo. FOR*
Posted by guest , Sep 01, 2008 3:40PM
whatever you do, don't go to law school
For many lawyers, Labor Day is a time to stop and reflect on the terrible career choice made years ago and to renew a resolve to exit this collapsing profession as soon as possible to find a meaningful life doing something else, anything else, for a living. Around barbeques and fire pits across the nation, tired broken lawyers gather with regular people and hear them speak of the excitement in their lives, their happiness and the contributions they make to society day in and day out. With each passing year, the firemen, policemen, banker and teacher come closer to near full salary retirement with lifetime health benefits courtesy of well intentioned and powerful trade unions and guilds. Sadly, the lawyer looks forward only to endless paper, meaningless work, a profession full of broken people competing in an overcrowded market, a dwindling paycheck ravaged by taxes to pay for the retirements of the people he is standing next to at the barbeque and the weakest trade association ever conceived, the ABA. On this Labor Day, we at endofesq raise a tall one to the lawyer at the barbeque and say Cheers!, smart guy.
endofesq.com
Posted by guest , Sep 03, 2008 4:08PM
future MBA's of America now seen on njguido.com
Posted by guest , Sep 22, 2008 3:58PM
NYU has a business school? What's the point?
Posted by guest , Sep 22, 2008 3:59PM
NYU has a business school? What's the point of that?
Posted by streetwalker , Oct 09, 2008 2:03PM
Business School? Didn't all these lily white boy geniuses that got us into this mess go to business school? Didn't they go to the best business schools in the world -- the IVY LEAGUE business schools? Didn't they learn how to construct their sophisticated fancy pants mortgage derivative tricks at business school? Didn't they learn how to drive a business, a city an economy, a country and maybe the world into the toilet at business school?
Didn't they all come through a system that rewards conformity and group think? Were they naturally selected, one after another for fitting into a very narrow and in the end toxic mold?
Why the hell would anyone want to join the herd? Time to think outside the ivy...
Posted by guest , Oct 15, 2008 10:03AM
Guess what, 49.99% of students are below average intelligence.
Posted by guest , Oct 22, 2008 3:25PM
I'm glad I daytrade the ES from home. Don't have to worry about this.
Posted by guest , Dec 24, 2008 11:44AM
Anyone know if it is possible to leave a BB IB as a 2nd year associate go back to a BB after a top 10 MBA as a VP?
Posted by guest , Dec 24, 2008 11:53AM
35 anything is possible
Posted by guest , Dec 24, 2008 11:56AM
Let me add that in this environment, you should be totally flexible. Sounds like you're trying to plan out every move to an unhealthy degree. You're setting yourself up to be disappointed big time.
Posted by guest , Jan 22, 2009 5:46PM
Oh yeah MBA school, 100k plus debt to get a 100k a year job.
I bankers best learn to drive trains and buses. The world has too mnay moron bankers. Putting together pitch books and working on excel are not real skills.
Jersey transit is hiring.