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Should you use an MBA admissions consultant? (and why to submit in R1)

by EssaySnark - Discusses 3 Comments

We’re reblahgging this from the ancient past because the underlying idea we’re talking about here is kind of fascinating. And, we know many of you are kicking the tires on consultants! We have quite a few more posts in the category of the admissions consulting industry if you want to learn more on our perspectives on our peers and value on offer. We’ve had to issue a few warnings… errr, more than a few, actually (sigh).

 
 
Please take a moment and read through this:

It is axiomatic that outcomes will revert to the mean in a system that combines skill and luck. An extremely favorable or unfavorable single outcome is going to be followed by an outcome that has an expected value closer to the average of all results. If a system reverts quickly to the mean, you know that it has lots of luck. If a system is slow to revert to the mean, you know that a good amount of skill is contributing to the outcomes.

 

Read it again. (It’s academically-written, thus a little dense. But, if you’re interested in bschool, you need to get used to this type of writing!)

Here’s EssaySnark’s gross interpretation:

Endeavors that involve skill and luck, like playing poker, or getting a new job, or applying to bschool, where outcomes are independent of each other — like each hand in a poker tournament, or each decision by each bschool — can be said to involve either mostly luck, or mostly skill, based on how many outcomes are close to the average (mean).

In bschool admissions, the “average” outcome is to be rejected. Most people applying to most schools are rejected.

If in your attempts to gain admission (your “system”), of your, say, five applications, you get one interview invitation and one offer and the rest of your apps are rejected, you were lucky on that one offer. If you were more skilled in writing your apps, there would have been more variability in outcomes.

Conversely, if in your five applications, you get five interviews, leading to two offers, two waitlists, and one rejection, you can know that it was more skill in play for you.

The big problem with bschool admissions is that in many cases, you won’t know the results of your efforts until it’s too late to adjust course for subsequent attempts. In other words, you may not get the “reject” outcomes until you’ve already submitted all your applications.

This is one reason that it’s very wise to submit some applications in Round 1. Not only because you have a better chance of being admitted (we’ve covered this umpteen times before). But because you can rework your strategy and IMPROVE YOUR CHANCES with subsequent schools in Round 2 if your first applications don’t pan out.

The other important angle to consider? How much “skill” do you have in writing an application to bschool??? Do you have confidence in your ability to:

a) assess your profile against what the schools really care about

b) know what personal attributes are most important to highlight

c) understand which weaknesses are important to explain or offset

d) choose the right stories to tell to maximize those strengths and counter those weaknesses

e) choose the right details in each story to highlight

f) write it all up in a way that’s impactful without being nauseating

These are all areas that a (good) MBA admissions consultant will help you with. Beyond simply advising you on which schools to target in the first place.

A (good) MBA admissions consultant (should be able to) increase the SKILL at your disposal that will “contribute to the outcomes.”

This is not cheating. This is using a trusted advisor who is expert in the nuances and practicalities of a specialized process. Just like getting advice from a lawyer or an accountant, an admissions consultant can change the equation from mostly one of luck (odds are you will lose) to one of skill (you’ll put your best foot forward in the best way possible).

A (good) MBA admissions consultant will pay for him/herself many times over, by helping you maximize your chances for success.

(Caveat emptor of course — there’s a lot of “not-good” ones floating around the interwebs to fall victim to, and a “not-good” admissions consultant may do more harm than going it alone. So it’s tricky.)

Want to read (and re-read) that academic article on skill vs luck? It’s from a Columbia professor and it’s available here.

Also, we have at least one or two other posts on skill vs luck.

 
 

 

Separately…. Our 2018 Wharton Guide is out!

SnarkStrategies 2018 MBA Application Guide for The Wharton School
 
 

The secret to how to get into HBS

by EssaySnark - Discusses 2 Comments

[WARNING: This is a looooong post! May want to jump to the bottom and hit that little Favorite button to save it for later! (Favorite feature available to blahg members)]

Anybody who first starts thinking they want to get an MBA is immediately going to be thinking about Harvard.

And why not?

Harvard is a world renowned brand.

EVERYBODY has heard of Harvard.

Even if you have only a vague notion of what an MBA is or why you might want one, you have still heard of Harvard Business School, and you probably wouldn’t mind going there.

An application to the MBA program at Harvard in many ways is going to look like an application to an MBA program anywhere.

They want a GMAT score, or a GRE is fine.

You’ll upload your resume and enter your work history.

They need an essay, and some letters of recommendation.

Pretty standard stuff.

However, that’s where the similarities end.

The approach that you take with your Harvard application should not necessarily be the same as what you might take with, say, Columbia.

Both these schools offer the MBA degree. Both have semi-similar profiles that show average GMAT and grades and they’re not terribly different from one to the next. You can expect that a high GMAT score will be beneficial to you in getting into Harvard, as it would be for Columbia, or Kellogg, or anywhere else.

If you want to get into Harvard, though, you can’t be just another cookie-cutter candidate.

The secret to getting into Harvard is to show how you’re different.

BUT!! There is risk here!!!

Being “different” for the sake of being different is not going to help you.

Wearing different-colored socks to your interview will not demonstrate that you’re unique.

All that will do is demonstrate that you want to stand out and attract attention. That might get people talking, but it’s not necessarily going to land you an offer at this school.

The most important thing to keep in mind with Harvard is that they are trying to construct a class.

That’s true at any school in the world, but Harvard gets first pick.

They’re like the Cleveland Browns but for opposite reasons.

(For any non-US-football-fans out there: The Cleveland Browns were the football team with the worst record in 2017, so they earn the privilege of picking their players from the college draft first in 2018.)

In the bschool market economy, since EV-ER-Y-BO-DY wants to go to Harvard, then Harvard has an abundance of riches. They can cherrypick the ones that they like most. They get first dibs. The best of the best.

Or, in this case, the most unique and differentiated who will fill out their class.

What this means is, if your profile is stereotypical — the Princeton grad who went to McKinsey and now wants to go for an MBA — then HBS will need to see superlative grades and an exceptional GMAT and particularly wonderful recs.

You need to be the best out of a crowded category of very good players.

BUT!

That’s not the only way to impress them.

 
 

What if you…

Work at Deloitte (not the most prestigious firm) and went to BC (Boston College; good but also not considered “the best”). You have a 3.6 GPA and a 730 GMAT.

When faced with the profile of the Princeton-McKinsey person, you may assume you have no chance at all. You’re obviously qualified but being qualified and being accepted are two different things.

Or, what if you…

Are an international applicant, like the Indian engineer, or you are coming from finance? Or applying from Singapore or Hong Kong or China?

For all of you, finding ways to stand out will be crucial. It’s not going to be only the basics of your profile. The adcom will need to know who you are — best revealed by what you have done — for you to have a true chance. This is where the advantages of an MBA admissions consultant can pay off. (A very good one, that is. A merely competent consultant is not necessarily going to add much value for Harvard.)

We saw some stat somewhere once that something like 90% of applicants to Harvard are qualified — meaning, they fit within the parameters of acceptance that the school has mapped out. Not sure if that’s saying that 80% of applicants fit within the class profile (the range of GMAT or GRE scores and college academics) or if it was against some internal measure of acceptability that the Admissions Board has.

Regardless, almost anyone applying shows evidence that they could succeed in the curriculum, and that they are capable of completing the program.

That is hardly enough to guarantee admission. It’s kind of like going with a competent admissions consultant. If you’re going for the gold and you’re going to pony up the dollars for help, then make sure you’re going with one that actually can add value in the game that you’re in.

If being qualified is not enough to get in to Harvard, what then does matter? What will tip the scales and convince the HBS adcom to want you?

There is not a specific profile or a specific collection of app stats that will ensure you get in. However, over the years, we have identified what we now call the “Harvard type.” It’s someone who is obviously a go-getter, an overachiever who’s done something interesting in life.

We cover it in many posts here on the blahg:

What is “the Harvard type”? is a good place to start.

We also discuss it at length in our MBA essay and application guide to Harvard Business School.

Heck, we have a whole category of posts here on the blahg on HBS and what they are looking for.

What we would boil all of this down to is one simple word:

The secret of getting into Harvard is that you have to show evidence of drive.

This fact is the main reason we’re able to with complete confidence predict people’s chances of interest from Harvard in our Comprehensive Profile Review. Through that service, you lay out the details of your background, your career, your school targets and core stats, and we go through it all and assess your chances to see if you are presenting enough evidence that will give Harvard reason to say yes. We are very very rarely off base with these and when we are it is only marginal misses. Usually we have BSers come back to us at the end of the season saying some variation of, “Wow, you were right! You said I wouldn’t get into X but that Y would admit me, and they did! That’s exactly how it went with my apps!”

For almost every single business school in the world, we are firmly convinced that getting help on the app is beneficial.

For Harvard? Yes also beneficial, very much so — but only to one certain extent.

The people that Harvard is likely to admit are very likely to get into Harvard anyway. Even without outside help.

Will outside help be useful? Sure, in giving an assist to the process. In making sure that you don’t step in it, and mess things up in an avoidable way. (See also: A Stanford applicant case study: Avoidable Mistakes)

But very often we see Harvard give interviews even for applicants whose essays truly sucked. Where they did not take advantage of what the essay could do.

But based on the other aspects of their profile — or more often, based on how they are coming from a less-crowded pool and so it was easier to stand out against the crowd — this person earned an invite to interview even in the face of a pisspoor job on the essay.

For whom then is getting help on the app the most helpful? In what situation would an MBA admissions consultant (an exceptional one, if you are serious about Harvard) add the most value?

Either for the applicant who is overwhelmed by the steps of applying, or who does not know where to start, or who lacks confidence in her own writing ability, and especially for someone who finds value in the ability to bounce ideas off of someone. Or all of the above. A very good admissions consultant can help that person create a very good essay for Harvard.

You do not “need” an admissions consultant to get in though.

We remain unmoved by any admissions consultant who brags about how many applicants they got into Harvard. It’s like a coach at the Olympics. The coach cannot take credit for the athlete’s success. Yes, a coach can be supremely helpful. But it’s not the coach who earned the medal. It’s the hard work and dedication and the willingness to persevere and the sacrifices made by the athlete that earned that person the spot on the podium.

When Harvard admits people, many times they would admit that person whether or not the essays were incredible. It’s because they are admitting the whole package; the entire set of facts. Not just granting a Best Essay award. That’s not always how it works elsewhere. Sometimes, an exceptionally mediocre applicant can put together an amazing set of essays that totally wins him or her the admit at another school. An incredible essay alone won’t do it for Harvard.

Of course, an MBA essay can keep you out of Harvard, too.

Very often, BSers make foolish mistakes in their essays. They say silly things. They focus on the wrong elements. They don’t maximize the opportunity at hand. For these people, a (highly qualified) admissions consultant can do wonders.

But the secret of getting into Harvard Business School does not come down to the essay. It’s the entirety of who you are and what you are presenting, and it’s at least as much about Harvard as it is about you.

That’s why when you’re rejected from Harvard, it’s not actually that big of a deal. So many incredible people are rejected each year that you cannot read anything into it.

Harvard is the one school that’s least served by the admissions consulting industry.

We’re not saying not to get help on your HBS MBA application. We do believe we can help you! We have dedicated services exactly for that.

But someone who is the Harvard Type is likely to get into Harvard anyway. Not because they paid the big bucks to a consultant to assist them.

It’s one reason we strongly recommend against reading other people’s essays in your quest for the HBS admit. Seeing what someone else said is not going to let your best essay come through — and frequently, an essay did NOTHING for an applicant’s chance of success. All you can extrapolate from reading a Harvard student’s essay is that the essay did not PREVENT them from getting in. You cannot know that the essay itself helped them at all.

ESPECIALLY not when the essay was written in a different admissions cycle for a different entering class in a different era of MBA admissions, such as we’re entering now.

Someone who got into the Harvard Class of 2009 was operating on a totally different playing field as an applicant, compared to someone who got in for the Class of 2019, and most definitely there are major differences from what the ’19 applicant faced compared to what the Class of 2021 will be facing this year. It’s a different school. It’s a different admissions landscape. Almost definitely it will be a different application for Harvard this year. You cannot make inferences from one person’s essay to your own.

The only constant that remains?

The Harvard Type.

It’s something that we recognize when we see it (the Comprehensive Profile Review being the best way for us to assess this). It does not come down to any static descriptor or a set of stats on a profile. It’s the sum total of who you are based on how you present yourself — in the resume, in the college experience, in your profession today. Yes, in the essay itself too, but that’s rarely the differentiator that it can be at other schools.

There are many ways to get your message across in your HBS MBA essay, and we’re not saying that the essay is inconsequential. The essay matters — for some candidates even more than others. But the adcom is going to overlook a subpar essay if the profile itself shows as differentiated against the pool of others with whom you’re competing.

If you’re wondering right now whether or not you’re the “Harvard type” then that’s a fair question. We can help you with some objective advice on whether you might be perceived that way today.

And what else you can do is work on being that even more in your day-to-day efforts at work.

Nobody can predict with certainty if you’re going to be accepted into Harvard. But stepping it up and doing all that you can to be a better person every single day is the best way to find out.

 
 

Oh hey LOOK!
We wrote a whole book on how to get into Harvard Business School!!
SnarkStrategies Guide for Harvard Business School 2018 MBA essays and app

 
 

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($) Does your admissions consultant know this?

by EssaySnark

We should probably do one of these posts every single year as a public service measure — admittedly a very self serving one, but one we feel is IMPORTANT. Every year starting in late October, we begin getting inquiries from applicants who have found out their Round 1 apps won’t be moving forward. How can…

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($) Canceling your GMAT score is a bad idea (plus, how many schools should you apply to?)

by EssaySnark

Are you (re)taking the GMAT? What’s your score cancel strategy? A key driver of GMAT score inflation among MBA applicants is the relatively new development that allows you to cancel your test score. Years ago, you took the GMAT and that was that: Bad score? Oh well, tough luck, it’s part of your permanent record….

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($) So when exactly will these MBA essay questions come out???

by EssaySnark

The good news for all you chomping-at-the-bit plan-ahead types is that the trend over the past three years especially is for schools to release questions much earlier. Almost all the adcoms have fallen into line and moved up their release of next-season app info. Used to be, some laggard schools didn’t get their essay question…

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Our quasi-annual predictions on the coming MBA application season

by EssaySnark Leave a Comment

We inadvertently have created a pseudo-tradition around here where we lay out some forecasts and predictions of what is going to change in the admissions process at specific schools in the coming season. We’ve got a half-way decent record of accuracy, as you can see if you’re curious:

March 2017: Prediction: Which schools will change their essay questions for Class of 2020?

April 2016: Prediction: Harvard will change its essay question this year.

June 2014: Another useless bschool apps industry prediction.

May 2013: EssaySnark’s 2013 Bschool Essay Question Predictions

(Apparently we’ve been doing this for awhile.)

So, what do we think is going to happen with MBA applications for the Class of 2021?

1. We predict changes to the essay questions at Harvard [ETA: DOH! 0 for 1 already – HBS question will stay the same this year as announced on the director’s blog today! we’ll have to see if they make any other substantive changes in the app UPDATE #2: As of mid-May, HBS has in fact made changes — they’ve ditched Round 3!! EssaySnark should get at least a half-point for this category of prediction!! We’ll see if anything else comes down the pike from here] and Stanford — and possibly Duke. Harvard and Stanford both have relatively new-ish leadership in their admissions function and those new directors have now been on the job for one full season each. It’s not hard to predict that they may want to make changes to their apps at this time, particularly in the case of Stanford where the essay questions have been static for a very long time. That’s true at Duke, too, which is why we’re feeling like it may be time for a shift there. The reason these specific schools have had stable app requirements for so long is because their essay prompts have been very effective — so for that reason alone, it’s possible that Duke may hold tight with those prompts for yet another season.

2. You can also assume that essay questions will change at Ross, Berkeley, Darden, Columbia, Tuck, Kellogg. There are a number of schools that tend to change their questions every single year so it’s not really a “prediction” to name those, since it’s how they typically manage their processes. However, all these schools will remain generally consistent in terms of what they are looking for — which can be summed up as candidates with strong stories of leadership, impact, and teamwork. The one school on this list that’s likely to have a larger change to their essay prompt is Darden. For the others, it’s much more likely to be an adjustment or refinement to the same types of questions that they’re currently already asking (though Tuck too is signalling that perhaps there may be larger changes on the horizon for them as well).

3. We believe that probably Yale will change its question (though we’re on the fence on this one; the current question in use for the last two seasons is quite good and “very Yale”) and we believe that NYU may tweak the way it’s phrasing their second essay question, or possibly combine it with essay 1, though we’re less certain of this so we’ve placed them in a different bucket than the list of schools named in #2 above. MIT also is likely to continue to innovate through changes and modifications to their questions, as they have being doing more of this in their admissions process than almost any other school lately.

4. Wharton, Booth and UCLA may make small fine-tuned changes (for example, Booth will publish a new set of photos that they want applicants to respond to) but we don’t expect anything wholesale to be different at these programs.

What are the implications to you as a Brave Supplicant who’s planning on applying in the Fall?

The most important advice is to simply sit on your hands and wait at least in regards to essays. There are some eager-beaver types out there every year who get all gung-ho and fired up about applying that they start writing essays now. While it’s fine to take a gander at what the adcoms ask in their applications for the just-closed season (Class of 2020), it doesn’t make any sense to actually start writing any essays yet. There is value in reading through the questions that they have posted and doing some thinking on how you might try to answer them, in theory — as in, think up a possible project or scenario or situation from your life that you would use in support of your answer to the question they have posed.

But don’t start actually writing anything.f Not yet. The probability that a school will change its questions is quite high, and you’ll end up having to start over. Or, worst case scenario, you may get attached to the direction you’ve started to go, and be unwilling to relinquish that as your topical strategy once the real questions for the Class of 2021 come out. Sometimes an adcom may tweak its phrasing, and sometimes BSers assume that the question is the same, but that can really trip you up if you’re overlooking the nuances or not appreciating how the question changes require a different approach in your answer.

So don’t get ahead of yourself. Understanding the themes that a school tends to focus on and starting to dig through the examples from your own life that may be relevant can surely be helpful, as it gets you thinking on these hard topics and reflecting on the questions of who you are and what have you done with your life to this point. By that same token, picking up the SnarkStrategies Guide for one or two of your schools of interest can’t hurt now, even though those are all published for the past season. They will give you an in-depth introduction to what the school focuses on, though, so if you’re new to everything then that may be an advantage, to help you focus your research efforts and understand the direction your strategy should be going in later. The actual writing? It can wait.

What else might change?

In reaction to the suppression of apps from international candidates and the overall trend for simplification in the admissions process, more schools are likely to ditch the requirement for a TOEFL score. Already, MIT, Yale and Duke have dropped it (or never had it). We’ve gotten word that Columbia may be making this change for the upcoming admissions cycle as well (to be confirmed UPDATE: THIS CHANGE IS CONFIRMED FOR THE 2018 APP).

Will a school like HBS ditch the TOEFL? Hard to say. They’d be a natural choice to remove the English language requirement, partly because Harvard likes to lead the way in big changes to admissions that then percolate through the whole industry (HBS was the first bschool to begin to reduce both word count and quantity of essays in its app, back in like 2012, which generated a whole trend of other schools racing to simplify their apps). Also, and much more saliently, Harvard’s admissions team does all the interviewing, so they have a direct interaction with any applicant before they admit them. This adcom-interview system is the key reason why MIT has not seen the need for a separate TOEFL exam. The Sloan admissions people can see for themselves what your grasp of English is. This also would indicate that perhaps NYU will drop the TOEFL but they are a school much more committed to doing things their own way; if their admissions team continues to see value in a TOEFL then they’ll keep asking for a TOEFL.

Schools like Berkeley-Haas and UCLA have their hands tied; the TOEFL is a university-wide requirement at these places and so we would be quite surprised if they even loosen their requirements for this proficiency test. Currently, Anderson and Haas have the most restrictive policies of any top bschool. They’re on the opposite end of the spectrum. Since we doubt that Berkeley especially has seen any significant drop-off even in international apps this year, based on the pull of Silicon Valley that attracts so much interest among BSers from everywhere, they are unlikely to see the need for a change, particularly when Dean Lyons is on his way out. We expect a bit more of the status quo at Berkeley until they have new leadership ensconced. For a similar reason, we don’t expect many changes to come out of Cornell for the time being, as they have had too much tumult in their leadership function. Sticking to what’s been in place already is the safe bet at Johnson for now.

Will any top school begin to waive the GMAT/GRE?

Highly unlikely. This may happen at some point down the road but we’re skeptical — at least, not any Top 15 school. The less competitive / lower ranked programs may indeed start to experiment with a test-optional policy but we’re not expecting to see this at a school like HBS anytime soon. That being said, Stanford University has recently rolled back its campus-wide graduate admission requirement for the GRE and now it’s up to individual schools and departments if they require any test at all with admissions. So things are changing but it’s early days still, and we don’t expect any top MBA program to waive their GMAT/GRE requirement for full-time admissions (not anytime soon).

Will any top school start accepting the Executive Assessment for its full-time program?

Again, not likely. Perhaps someday — but if they do, then they’ve got a perception problem to deal with first, based on how the test has been named and the purpose for which it was created. For any lower-ranked bschool that begins exploring test-optional policies, we can see how they might allow you to submit the GMAT or the GRE or the EA, or potentially no test at all if certain parameters are met (such as, having graduated from college within the last X years, from a STEM or business major, with a GPA of x.x or above). If you’re an Executive MBA candidate then you can check out our overview of the Executive Assessment here.

Will it be more competitive this year?

We’ve got some ideas on this that are bouncing around; we’ll offer them up on these pages as we have more confidence in how we think things may go.

Remember, predictions and forecasts are fairly meaningless when it comes down to what your application strategy should be. If now is the time for you to try for an MBA, then none of this matters. Your strategy will need to be your own, and nobody can realistically predict your chances based on the aggregate.

Of course — Shameless Plug! — that’s where our Comprehensive Profile Review comes in! We can predict chances based on your specifics. Hit us up if you have questions!!

International applicants to U.S. schools – 2018 landscape (tl;dr)

by EssaySnark Leave a Comment

Dang, yesterday’s post was really long and we failed to offer specific conclusions for y’all.

Here’s the tl;dr:

If you’re an international applicant interested in an American MBA and you’re coming from India or many other Asian countries, then you may find it easier in the coming season to get an admit to a good school here, as there is likely to be less competition again in Round 1.

 

Though “less” does not mean “low”; it’s a comparative. Meaning that we’re hopefully going back to more like the competitive environment of around 2013 when it was “easy” to get into a good school if you did a good job with your app. (Note the quotes around that word; it is never actually easy to get into a top MBA program – it requires significant work!) We hope never to return to the situation of the past few years, where so many incredibly qualified and very hardworking BSers were turned away from their favorite schools like Duke or Yale or Tuck or Haas only due to the competition.

Again, a full discussion is available in yesterday’s post which is totally worth reading even though now you’ve got the Cliff’s Notes. 😉

And also just please note: If you’re coming from certain other countries and trying to break into a top-top U.S. program, it may actually be harder this year.

The countries where it seems there has been more competition?

  • Canada
  • Brazil and other Latin American countries

We have also seen more pressure on certain categories of American candidates but that’s a post for another day.

A European or Middle Eastern applicant to an American school is likely to do just fine in this process, provided that the core stats line up and the essays are good.

Want to know what your own situation looks like?

Shameless Plug: This is exactly what our Comprehensive Profile Review was designed for!! Get advice on your exact profile and how it may stack up against the specific targets you’re aiming at. Currently at its lowest price of the season!

($) International applicants to U.S. schools – 2018 landscape

by EssaySnark

If you’re an international BSer who’s failed to execute this season then please don’t feel bad by what we’re about to say. So far in this cycle, it’s been EASIER for applicants from certain perennially-crowded pools to get into many top U.S. schools. We predicted this in May 2017 and it was in fact the…

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Should you care who the dean is?

by EssaySnark - Discusses , , , Leave a Comment

We have a few more thoughts to add to our musings and wild predictions about bschool leadership from yesterday.

First off, despite what we said yesterday, the real answer to the question of “Does the dean matter?” is NO.

If you’re thinking about getting an MBA today, then whoever is the dean should not impact your decision-making (with the one outlier case of Cornell which is an odd situation right now as we discussed yesterday). The school you’re applying to is the school you will go to. It’s like deciding to visit a country based on who is the president. There are many significant reasons for why you would choose to travel somewhere and who holds the top office in that country simply does not factor in (at least, for most travelers, and to most countries, though we’re in a weird world right now you could say).

If a new dean comes in today, or at any point during your pursuit of your studies, there will be no impact on you whatsoever. There will be announcements and parties and he or she is likely to host a coffee chat or happy hour or whatever and try to get to know the students. They’ll go on a listening tour and spend lots of time huddling, and send out surveys and such. But there will be few to no changes that will impact your life or the experience of the MBA.

If a dean came in within the last two years, then it’s different. In that case, it’s no longer a “new” dean — you won’t see articles in the news about the change in leadership on campus — but you are DEFINITELY likely to experience their ideas in action in what happens to you in the course of your education. In this case, the dean does matter. You’re going to be the guinea pig who is in the experiment that they’re running for how to reinvent their school for the next era (and definitely, these schools are in the midst of transformation, whether they’re actively embracing it and becoming proactive change agents or the opposite).

We have already seen that with the “new deans” (in the last two years) at Darden most prominently, and to a slightly lesser degree at Tuck. We have appreciated the much higher visibility presence of Dean DeRue at Ross, and we’re aware of some changes that are underway there now too. Can’t say we’ve seen it at Stanford.

What we hope to see with the upcoming announcements of new appointments that are expected at Kellogg and Berkeley-Haas and also UCLA (Dean Judy Olian is also stepping down) and Cornell (?) is diversity.

As of this writing there are no female deans at any top bschools. Kellogg, Ross and UCLA all had female deans; all of those women have left or are leaving those positions. Alison Davis-Blake at Ross was replaced with a white man.

As of this writing there are no deans from underrepresented minority groups at any top bschools. NYU Stern had an African-American dean; he left and was replaced with an Indian man.

We would be SHOCKED if Berkeley-Haas did not find a woman — or possibly even an African-American or a Hispanic woman — to take over from Rich Lyons. If they replace Dean Lyons with another white man, well….. that just would not be the Berkeley that we know today. Haas has put gender issues front and center earlier than most schools and they will be under enormous pressure to make diversity a priority in their hire. We also wouldn’t be surprised if they pulled in someone from the tech industry. There’s currently a debate in academia (most prominently at bschools) whether an academic dean or a professional manager dean is ideal or appropriate, and it’s largely a function of the type of school that you’re talking about. At a public institution like Berkeley, it may make sense to have an academic take over, rather than someone from the private sector who may not understand the dynamics that go into this type of organization. Or, the opposite may be true. We’re betting that the search team at Berkeley-Haas has been speaking with people at UVA Darden to learn how their transition has gone (current dean Scott Beardsley came in from McKinsey, and UVA is a state school so there are many parallels to the UC situation). Perhaps Marissa Mayer is looking for an entirely different role, now that she’s out of Yahoo? (Though it’s unlikely that the UC system can afford a profile like that.)

There will also be pressure at UCLA to replace the female dean with another woman, or if not a female, then a minority. Ditto Kellogg. We had expected the same at NYU Stern but that’s not how it turned out (there are a number of Indian men running top schools both here and in Europe so while yes, NYU technically has a minority, it’s not exactly one adding to the diversity picture of this landscape of top schools.

So, does the current dean matter? You betcha. It lets you know where your school is at and what you might expect in the coming years of your time there. If you have a newer-appointed dean who’s still in the early stages of his or her tenure it’s more likely that there will be visible and obvious changes happening at your school. If the dean has been in his role for awhile, much less likely (with some exceptions like MIT notably). Studying the profile of the dean can give you some insights into the type of place you’ll be walking in to.

And, does it matter who a school appoints if they have a vacancy pending? You betcha. You can look to the announcement of a new appointment to understand a school’s priorities and values. Do they put their money where their mouth is? Or are they all lip-service instead?

We’ll be watching this space with interest as 2018 unfolds.

Does it matter who the dean is? 2018 edition

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We last blahgged about bschool deans and changes of leadership back in January 2015 when we talked about Geoffrey Garrett taking over at Wharton in July 2014, Matthew Slaughter taking over at Tuck in July 2015, and Scott Beardsley taking over at Darden in August 2015.

Since then, there has been another round of transitions in the top position at these schools:re

  • Stanford’s embattled and scandal-weary Garth Saloner stepped aside and insider Jonathan Levin took over September 2016 (dang was it really that long ago?!)
  • Michigan Ross’s dean Alison Davis-Blake resigned and they promoted from within by appointing professor Scott DeRue into the post in June 2016 (ditto the long-ago exclamation!)
  • NYU’s well-regarded Peter Henry handed the reins over to Raghu Sundaram in January
  • Berkeley-Haas’s beloved Rich Lyons will be stepping down in June and as far as we know, no replacement has been announced.
  • Kellogg’s Dean Sally Blount has also announced she’s stepping down at the end of this academic year.
  • Cornell Johnson is experiencing some turmoil. They underwent some radical transformation (for an academic institution) in 2016 where they merged three of their graduate schools under the umbrella of one. The Johnson School, where you would go if you were getting an MBA, joined with their world-renowned hospitality school and the Dyson School (economics) under a newly-named College of Business. Their Johnson School dean Soumitra Dutta took over as dean for this merged College of Business entity. But then Dean Dutta suddenly resigned at the end of January. They appointed an interim dean (Joe Thomas), but now it looks like they have promoted the Johnson School (MBA) dean (Mark Nelson) to permanently lead the merged College of Business… but we’ve honestly lost track of the plot.

So to discuss the question posed at the top of this post:

Does the dean matter?

In light of that convoluted web of Cornell confusion we just tried to summarize for you, we’ll have to say, yes it does.

But only to an extent.

We have yet to learn the circumstances around Dean Dutta’s sudden departure from the dean position at Cornell (supposedly he’s still on the faculty, but he’s never taught a class, so it sounds like a case of a golden parachute to us). We do know that the merger into the College of Business was not sold well to internal stakeholders and there were many protests and lots of dissension when it happened. We heard that the hospitality folks especially were unhappy. So as outsiders going on these two datapoints alone, all we can say is that there were issues with the way leadership has been done there. Is that enough to stop you from applying to Cornell? No, it shouldn’t be — but you DEFINITELY should travel to Ithaca and learn what you can from current students and ask direct questions of admissions folks to discover what type of impact there might be. There will still be professors showing up to teach classes and you still will be able to earn an MBA there. But innovate? No, that’s not going to happen. This place is going to be stalled out for the foreseeable future until they get their house in order…. and obviously when a school that’s supposed to be teaching you leadership demonstrates such an epic #leadershipfail then it does call some basic assumptions into question.

So that’s a cautionary tale, and we acknowledge that we don’t have all of the data, mostly because the school itself is playing very hush-hush. If we hear back from our on-the-ground sources we will update this post (or if any of you have actual knowledge of the situation — not more rumors and gossip but concrete facts — then we’d love to hear them!).

On the opposite end of the examples-of-leadership spectrum, we have a separate case:

We just learned yesterday that rockstar dean Ted Snyder will be stepping down from his leadership of Yale SOM next year. Our understanding is that he’s on sabbatical this year, so is already not on campus, and he’ll return to the deanship next year but thereafter will move back to teaching, which is what many deans do when they leave their deanship. Traditionally, deans were academics who started off as PhDs doing research and teaching classes, and eventually took on more and more administrative responsibilities in running their school before getting the top spot. Those people often are academics at heart and they may long to go back to their roots. Stepping down from the leadership position often means staying at the same institution and just moving out of the spotlight to resume a faculty role. Sometimes a dean “stepping down” means that they are resigning from the workforce entirely, or that they’re going to leave that school completely and go somewhere else, but often it means that they’re sticking around and just will no longer be the dean at their campus.

We’re going to make a wild prediction: Dean Snyder may initially take up a faculty role at the SOM but there’s a school that REALLY is overdue for some new blood in the high office and we’re going to place a bet that Ted Snyder eventually ends up at Columbia. This is total guesswork in looking at the graduate school landscape from a complete outsider’s perspective. If there were a school that could benefit from a makeover right now then Columbia is it, and if there were a dean who could do it then Ted Snyder is your man. Columbia’s Glenn Hubbard has been serving as dean since 2004 which by our count makes him the longest-serving dean at any top school. If it ain’t broke, then why fix it, but…….

So does the dean matter?

If you’re Chicago Booth in the first decade of the 21st Century, or Yale SOM in the second, the answer to that is h3ll yeah.

Ted Snyder made Booth into the school that it is (we keep waiting for current leadership to do more) and then after that, Ted Snyder worked his brand of magic again at Yale. Chicago and Yale were both excellent schools before he arrived but his tenure at each respectively made them more than excellent.

MIT and HBS are the other schools with a long-running dean. At MIT, Dean Schmittlein has been quietly creating a success story since 2008. Across the river, Nitin Nohria has been running the show since 2010. Duke’s Dean Boulding has been there since 2013 and was just reappointed to another five-year term. All of those schools seem to be doing fine (not necessarily seeing bold innovations of late from the latter two, but they’re both in good shape — no scandals!! — and no threats to their relative positions in the rankings, and MIT is doing just fine, thank you). We don’t expect big changes at any one but who knows. If Ted Snyder isn’t ready to retire yet (he’s only like 65 right now) then perhaps Harvard might try to lure him. But we doubt it. If he lands at another top bschool then we’re just wildly flapping our gums and crystal-balling that it would be at Columbia.

This has grown long. We have more to say. We will pick up with it again on the morrow (which is now posted HERE).