How Do I Prepare For Business School

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How Do I Prepare For Business School

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A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, college of business, or colloquially b-school or biz school. A business school offers comprehensive education in various disciplines related to the world of business.

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The Stanford Graduate School of Business (also known as Stanford Business School, Stanford GSB, or GSB) is one of the seven schools of Stanford University.

Stanford GSB offers a general management Master of Business Administration (MBA) degree, the MSx Program (which is a full-time twelve-month MS in Management for mid-career executives) and a Ph.D. program, along with a number of joint degrees with other schools at Stanford University including Earth Sciences, Education, Engineering, Law and Medicine.

Stanford's MBA program is ranked #1 by US News and World Report, #1 by Forbes Magazine, #7 in the world by Bloomberg, #4 by the Financial Times and #3 by BusinessInsider.

Stanford has the lowest acceptance rate of any MBA program at 6.5%.


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Johns Hopkins Carey Business School

The Johns Hopkins Carey Business School, also referred to as Carey Business School or JHUCarey or simply Carey, is the business school of the Johns Hopkins University in Baltimore, Maryland. As "the newest school in America's first research university," the school offers full-time and part-time MBA degrees, master of science degrees, several dual degrees with other Johns Hopkins schools, including medicine, public health, arts and sciences, engineering, and nursing, and Maryland Institute College of Art, as well as a number of graduate certificates. The Carey Business School is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

James Carey (1751-1834), the namesake of the Carey Business School, is a relative to Johns Hopkins (founder of Johns Hopkins University and Hospital), a co-founder of the Gilman School, and ancestor to several founding trustees of the university and hospital. His sixth-generation decedent, William P. Carey, has been in active pursuit of establishing a business school for Johns Hopkins University since the 1950s and realized his "lifelong dream" in 2006.

History

The origins of the school can be traced back to 1909, when the "College Courses for Teachers" school was created at Hopkins. In 1925 the school changed its name to "College for Teachers", then adopted the name "McCoy College" in 1947 as it welcomed into its classrooms many World War II veterans studying on the G.I. Bill. In 1965, the school's name changed again, to "Evening College and Summer Session", until 1983, when it became known as the School of Continuing Studies. Then, in 1999, in order to more clearly reflect its two remaining major divisions, the school was renamed as the School of Professional Studies in Business and Education (SPSBE). Throughout all of these iterations, the central objective of serving the educational needs of working professionals, allowing them to complete degrees while maintaining careers, held true. Over the years, the school evolved from a teacher's college to one of nine major schools within the university, housing the majority of Hopkins' part-time academic programs. On January 1, 2007, SPSBE separated into two new schools: the Johns Hopkins University Carey Business School and the Johns Hopkins University School of Education; the latter soon rose to the status of the No. 1 ranked education school in the U.S.

This split was engendered by the late philanthropist William P. Carey's announcement on December 5, 2006 of his gift of $50 million to Johns Hopkins through his W. P. Carey Foundation, to create a freestanding business school at the university. The gift remains the largest to Hopkins in support of business education to date. The school is named in honor of Wm. Polk Carey's great-great-great-grandfather, James Carey, an 18th- and 19th-century Baltimore shipper, chairman of the Bank of Maryland, a member of Baltimore's first City Council, and a relative of university founder Johns Hopkins.

Alexander Triantis was named dean of the Carey Business School on July 1, 2019. Triantis replaces Bernard T. Ferrari who retired in July 2019 after seven years as Carey's dean.


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3D Business School rankings

RankBusiness School3D Score
#1Harvard Business School98.2
#2Wharton Business School97.0
#3Yale School of Management95.7
#4Columbia School of Management94.7
#5Skema Business School94.0
#6Sloan School of Management93.1
#7London Business School92.2
#8Stanford School of Business91.4
#9Kellogg School of Management90.6
#10Haas School of Business89.6

3D MBA programs tuition costs and fees

RankSchoolTotal MBA cost2-years tuition
#1Columbia$168,307$106,416
#2Wharton$168,000$108,018
#3Stanford$166,812$106,236
#4Chicago Booth$165,190$101,800
#5Dartmouth Tuck$162,750$101,400
#6MIT Sloan$160,378$100,706
#7Harvard Business School$158,800$100,706
#8Stern$157,622$94,572
#9Yale School of Management$151,982$99,800