讨教一下long term goal

libai9

loafer: How is Yale's focus in the healthcare sector, especially in biotech and pharma industry

AbbyAtYale: Yale has a particularly strong focus on healthcare across campus. I am a joint degree student between the schools of Management and Public Health here, and have found the interdisciplinary focus very stimulating and applicable to both the biotech and pharma industries. In addition, it has prepared me well for a career in consulting to these industries.

Yong08: Mike and Abby, how do you feel about the required international experience? Since it is only 10 days, will it really provide any significant benefits?

MichaelAtYale: I think the Int. Experience is a great program. I went to China, and it was truly a learning experience! 10 days is rather quick, but a LOT of what you do in business school is fast, so it actually matches the pace of the program quite well.

RCF: Can you tell us a little about what the admissions committee wants to learn about candidates from essay 3

AbbyAtYale: Yong 08: I am a Teaching Assistant for this year's International Experience trip to Israel and Turkey and it is a fantastic trip. It blends cultural exploration with top-level executive meetings; it is really a one-of-a-kind experience that distinguishes SOM from other schools.

BruceAtYale: RCF, essay 3 is a chance for you to tell us about yourself. We are interested to see not only what you write but also what you choose to write about. The main piece of advice I would give is that you should write about what is important to you rather than trying to guess what we are looking for. I would also suggest trying to focus on some aspect of yourself that is not readily apparent from other aspects of your application.

sriswetha: Hi, What is the view of admissions committee towards recommendations from a graduate school advisor for a research position held during school?

Yong08: Yale SOM enrolled only 21% international students (2009). Is there any specific reason why it is relatively small compared with other top MBA programs? Are you doing anything to improve the diversity?

MichaelAtYale: The best advice on recommendations is to have the people that know you (and your skills) best write your recommendations. If you're currently in graduate school, it's likely that the person that knows you best is your advisor!

BruceAtYale: Yong08, that is a very good question. We are actually looking to increase that percentage this year. Our admission rate among international students has been a little lower in the past few years than other schools, and does not fully reflect the international status and international focus of SOM.

Yong08: Dean Joel is a contributor to the Global Compact?s initiative on responsible management education. Are there any ongoing internal discussions about Yale SOM?s strategy and action to further its top-ranked social/environmental programs?

AbbyAtYale: Yes, there are ongoing internal discussions regarding our strategy and action to further our social/environmental programs. We engage actively with the Aspen Institute's "Beyond Grey Pinstripes" survey yearly and frequently have the largest business school attendance at the annual Net Impact Conference to support socially responsible business.

SGT: Hi Bruce, what distinguishes an applicant that is accpeted from one that is placed on the waitlist?

gseattle: do you have age restriction for your full time mBA program?

abhijit_gan: Hello Bruce, I am interested in a mgmt consulting career post MBA. Does SOM have any experiantial learning opportunitiesfor students with projects from partner comapnies that students can work on?

AbbyAtYale: No, there is no age restriction for our full-time MBA program.

BruceAtYale: SGT, There's no single thing that distinguishes admts from WLs, other than that htey are on the whole stronger in terms of their experience, academic credentials, and other application metrics. We are looking to admit people who have strong intellects, leadeship abilities, teamwork skills, and are motivated and passionate about what they do.

MichaelAtYale: Hi Abhijit - I'm actually going to work for a big mgmt. consulting firm next year, so I can speak to your question. We have lots of opportunities to gain good relevant consulting experience, from case competitions to clubs where you literally manage and conduct a consulting project for local non-profits. Additionally, I just want to say that the new core curriculum is *great* for training people interested in going into consulting - it really trains you to see the world through the eyes of a CEO, which is an important skill for consultants.

stephane88: How intense is the program? Can an international student work part-time for financial support?

BruceAtYale: The program is intense, so we do not recommend people working part-time during the program. Students usually do not have any problem securing loans and other support to afford the program, and we have a loan specifically designed for international students that does not require them to get a co-signer.

jokeram: Abby, would you suggest a dual degree or a "concentration" for someone looking at entering the healthcare consulting industry?

jokeram: Is there a significant increase in the number of applicants for R1?

libai9

AbbyAtYale: It depends on your background and where you think the holes in your education and/or experience may be. I pursued a joint degree because I didn't have a science background and wanted to get at least a bit of technical experience. If you feel that it is business skills and/or professional industry networking opportunities that you are looking to gain, then the joint degree is not necessary.

BruceAtYale: We are up by double digits for the first round, on top of solid double-digit gains the past few years.

ktchow: With the construction of a new business school building, are there plans to expand the incoming class size in future years upon completion of the building?

MichaelAtYale: Yes - there are plans to increase the class size with the new building. I don't think there's an exact number we'd like to get up to - it depends on the building - but 300 students per class is a number that's often cited.

Venezolano4Yale: Did you start your interniews abroad? I am in Latin America.

AbbyAtYale: We will be doing alumni interviews in Latin America this year.

ktchow: I've applied round 1, how late do interview invites go out? Until the notification date, or is there a interview cutoff date?

BruceAtYale: Given the volume of applications, we will invite people to interview up until the notificaiton date. I know this can be difficult, but we appreciate your patience.

Nomad83: How are scholarship decisions made? Are they concurrent with the admission decision, or afterward? i.e. will the offer of admission also include the scholarship offer or later (after enrollment), if one is offered?

TFA2MBA: Is there a certain quota you keep in mind while accepting applicants from various fields?

BruceAtYale: Yes, scholarship decisions are made concurrent with the admission decision. So scholarship recipients will learn of the scholarship at the time of admission.

MichaelAtYale: We aim to have a diverse class in terms of past work experiences, but we don't have any specific quotas in mind.

maggiecxq: Michael, thanks for your answer. Bruce, does the whole applicate get read again by staff memebers after the interview? or staff would have already reviewed the application, the decision is solely based on the interview?

BruceAtYale: maggiecxq, the whole application does not get read again. The applicant is brought back to committee after the interview and considered again in light of the interview. So we will discuss the whole application but will not read them again.

hthompson: In the activities section of the application, should I include bullets about what I did at each organization or just include the basics (organization, title, dates)?

sriswetha: If you needed to pick one, what area of MBA would you say Yale is the best in?

BruceAtYale: It really depends on how much rom you have, but I would suggest including a few brief bullets about your involvement in the activity to give us a sense of the organization and exactly what you do for it.

cuggyer: Hi Michael, would you more share your point of view on the learning of the new curriculum?

AbbyAtYale: We are a school focused on training leaders for business and society; our program is extremely broad and trains people to excel in whichever area of management they are most passionate about. So, we don't really have one area that is stronger than others.

MichaelAtYale: Hi cuggyer - that's a broad question, but I'll add a few thoughts. What I like about the "Perspectives" in the new curriculum is that they map to the way that a CEO sees the world. CEOs have to worry about "What are my competitors up to?" one minute, then "Am I properly motivating/utilizing my employees?" the next minute, and then "Are my customers happy?" the next. The way the core curriculum is structured, it really drives home that managers need to be cognizant of ALL stakeholders to be successful. We're really trying to train people to be successful overall managers, not just strong in one area (like accounting).

stephane88: what are the criteria for scholarship eligibility?

BruceAtYale: All applicants are autmatically considered for a scholarship; no separate application is required. In terms of awarding scholarships, we do so to the strongest overall applicants to the school across the various admissions criteria (grades, scores, work experience, recommendations, essays, interview).

ktchow: How has this year's summer intern class done regarding receiving full time offers. I remember visiting a few months back and in terms of investment banking, 100% received full time offers. How about other job functions, consulting, industry, non profits, etc.?

MichaelAtYale: ktchow - you're right about the investment banking numbers - we had a 100% offer rate this summer! We're also doing really well when it comes to full-time consulting interviews. We've had quite a few offers to students from firms like McKinsey, Bain, and BCG. I think firms are really starting to realize how effective the new core is at training people for consulting!

FrancescaBW: We have less than 30 minutes left. Ask your questions now.

FrancescaBW: To ask a question, type it into the white box below and click on Send.

sar712: Hi Bruce, are you looking to increase the number of dual degree students with FES this year? Is there any size class of dual degree students you are hoping to fill?

BruceAtYale: Hi sar712, we don't have any targets for dual degree students, although historically about 10% of each class has been dual degree people. FES is the largest dual-degree program with SOM. We have no specific target number of joint-degree people; if we get strong joint-degree applicants from FES and other Yale schools, we will take them!

libai9

BruceAtYale: guoan, it still makes sense to include your activities in your resume. At very least, it will be helpful to your interviewer, who will only have seen your resume prior to the interview.

guoan: Bruce, reading the activities section, does that mean we don't need to mention those activities in the resume?

BruceAtYale: guoan, it still makes sense to include your activities in your resume. At very least, it will be helpful to your interviewer, who will only have seen your resume prior to the interview.

FrancescaBW: How would each of you describe the culture at Yale SOM?

MichaelAtYale: I would say the culture is very collegial. I know pretty much everyone in my class, and have had substantive conversations with pretty much everyone (I think!). You build a network here without even knowing it, just by getting to know your classmates and through building friendships. That's one of the benefits of a smaller school.

FrancescaBW: Thanks for answering, Michael. Bruce and Abby, what would you say about the school's culture?

AbbyAtYale: The culture here is very collaborative. It's challenging, but people are extremely friendly and ready to help out their peers. I found that I learned as much from my fellow students as I did in the classroom, and everyone benefits greatly from the diversity of backgrounds from which our students come. I also find New Haven a great place to go to school. It has amazing restaurants, good bars, access to the Yale Rep theater and is close to Boston and New York, but is not as distracting or as expensive as a large city.

BruceAtYale: Hi Francesca, I would say the culture here is very community-spirited. SOM is such a small school that everyone knows each other and everyone gets very good at working togetehr and in groups. I think that is a strong and very unique aspect of SOM that serves students well after graduation, where teamwork and the ability to get along with others play an important role.

FrancescaBW: What kind of student fits in best at Yale SOM?

FrancescaBW: We have less than 20 minutes left. Ask your questions now. To ask a question, type it into the white box below and click on Send.

MichaelAtYale: My classmates are pretty diverse - that's a tough question to answer! I would just say that we really value integrity. In a small school, being able to trust and rely upon your classmates is really important.

AbbyAtYale: We have students from many different backgrounds, so students who enjoy learning from different perspectives will be especially happy here.

FrancescaBW: What is New Haven like?

BruceAtYale: Francesca, That's a tough question to answer because there's no one type of person we're looking for at SOM. Diversity along all dimensionsis very important here. That said, all our students share a passion for what they do, high ethical standards, and come to SOM with the common goal of becoming leaders for business and society. So that is one thread that unites all the students here.

MichaelAtYale: New Haven is a great college town. I've actually lived here for 4-5 years now, and it's a great spot for bars, restaurants, and cultural events. Plus, it's close to both New York and Boston, which is key.

FrancescaBW: Bruce, what do you think is the biggest trend in MBA admissions right now?

BruceAtYale: I am actually a New Haven native, so I love it here. It's got a lot of things going on in terms of arts and culture, but is on a very livable scale, which makes it a great combination of big-city options and small-town closeness. I've also lived in Providence and Austin (among other cites), and I think New Haven has a very similar feel to them -- although I find that it tops both of those cities along many dimensions.

ktchow: What are some myths about Yale that aren't true?

lindad1024: I'm looking to apply to business school this year, but I don't know that I'd be able to get my application in by the second round deadline. Should I rush to get it in by round 2 or would it be OK to wait until round 3?

AbbyAtYale: If at all possible, we encourage people to try to get their applications in by Round 1 or Round 2.

MichaelAtYale: ktchow - I'd say there's a "myth" that we're purely a non-profit school. While we're very strong in that area, I'd say that we're first and foremost a very strong general management school. The success we've been having with for-profit recruiting points to this.

BruceAtYale: Francesca, There are a number of interesting trends right now in MBA admissions. I think one of the biggest ones has been the tendency of schools to admit students sooner out of college. It will be interesting to see how this trend plays out in the future.

FrancescaBW: What is your best piece of advice for applicants looking to make a good impression with Yale SOM?

libai9

FrancescaBW: I'd like to get a response from each of you for that one.

MichaelAtYale: Think hard about the picture you're trying to paint of yourself. The framework I recommend is . . . Where have you been in your career? Based on where you've been, where is it that you want to go (who is it that you want to be)? And why do you need an MBA (and specifically a Yale MBA) to get there? Strong candidates that I speak to can answer all of these questions in a coherent, logical way!

MichaelAtYale: Think hard about the picture you're trying to paint of yourself. The framework I recommend is . . . Where have you been in your career? Based on where you've been, where is it that you want to go (who is it that you want to be)? And why do you need an MBA (and specifically a Yale MBA) to get there? Strong candidates that I speak to can answer all of these questions in a coherent, logical way!

BruceAtYale: Hi Francesca, The two things I tell people are (1) pay atention to your essys -- a good, clear, well-written set of essays can go a long way; and (2) pay attention to who you ask to write your recommendations -- make sure they are people who know you well rather than just a high-level executive at your job. Those two things can make a big difference in your application.

AbbyAtYale: I'd say that before beginning the application process, it's important to figure out what makes you stand out from other applicants, and to determine how best to communicate that. Also, it's always a good idea to figure out what you think you'd like to do and, if you're not sure yet, to at least be able to communicate clearly what you're passionate about.

FrancescaBW: Great. We have five minutes left, and I just sent through a few more audience questions. Please answer those next.

MichaelAtYale: I have to run to class guys - thanks for all your great questions, and good luck to those of you who are applying! Yale SOM is truly a great school!

FrancescaBW: Bye Michael. Thanks for participating.

stephane88: Is Entrepreneurship a strong focus of your program?

AbbyAtYale: Entrepreneurship is an important component of our program, yes. We have a very strong class in this area, where students create their own business plans for entrepreneurial ideas.

guoan: What area/aspect at SOM that can be further improved?

AbbyAtYale: We are all looking forward to the construction of our new building/facilities, planned for fall of 2011. This will be a huge improvement for all of us!

SGT: Are there any additional changes planned for the curriculum?

AbbyAtYale: I have to run. Thanks, everyone!

BruceAtYale: SGT, we are always looking to tighten the curriculum in terms of how it is delivered, including building out more SOM-branded cases. In addition, we are looking to implement an exchange program with select international schools starting next fall. And with our new building coming, we will have all of the cutting-edge technology in place to fully exploit the unique features of the curriculum.

FrancescaBW: Bye Abby! Thanks for participating.

FrancescaBW: Once Bruce answers our last question, we'll wrap up for the day.

saukumar: Are there any specific guidelines for applicants for alumni interviews? How are adcom interviews different from alumni interviews? Does the alumni have access only to the resume?

BruceAtYale: The guidelines that apply to on-campus interviews apply equally to alumni interviews. In fact, many of our alumni interviewers interviewed for us when they were students, so the hope is that the experience is as close to as possible to the on-campus inteview experience.

FrancescaBW: That's all we have time for today. I'd like to thank our guests Bruce, Abby, and Michael and BusinessWeek.com reporter Alina Dizik, who worked behind the scenes, and BusinessWeek.com B-Schools Channel Editor Phil Mintz for his support. And we'd like to extend a special thanks to all of you for joining us.

Whitney

引起老美的反感;
You have no basic idea how drug is regulated in US; In U.S. drugs are expensive becasue of patent protection and laws.  Generic drugs are much cheaper.  原料药 belongs to generic drug.  Do you have any evidence to suggest the 原料药 is directly packed into a medicine without any purification process? If drugs were reprocessed and should be more expensive. 

Try to sell yourself this way;
You know many people in China are hurted by lower quality drug;
You want to change that;
A lot of factors caused these: regualtion, Management, finance, and so forth ;
You current position let you powerless - you can only change your factory in your capacity.
Furthermore, If you had more skills, you could do more.

You want a MBA; then short-term, in a US factory, or a factory in China run by internation corporation;
In your long term, you want to bring better management, finance, interntional standard, a good team, and better understanding of modern medicine in a local factory to help people.

libai9

Good comment. I should revise the way to present my points. Yes my short term goal is to get in management of an us based pharmaceutical. Actually I am worrying that response about my long term goal like yours represents sort of common sense in American, although it is just a myth that patent and R&D costs are always a compelling excuse for the high price of medicine. In fact a lot of generic drugs in USA are still too expensive. They just simply package bulk material from India and China then gain rip-off profits. And you may not know, most of the bulk materials exported by China or India are ready to go. It's not necessary to do further processing excepting finish to final medicine. Recently FDA just approved first finished drug from China. It's around 1/3 price in China compared with same product sold by Boehringer Ingelheim. Ten or fifteen years later if we look back to today, we will find nowadays China pharmaceutical industry have started attacking mainstream world market.

Yes I agree if I say after MBA, I can come back to China to save the poor reputation of pharmaceutical industry there. This story should be more impressive to Adcom. But it is about something else.

libai9

以下是引用Whitney在2007-12-12 11:10:00的发言：
引起老美的反感;
You have no basic idea how drug is regulated in US; In U.S. drugs are expensive becasue of patent protection and laws.  Generic drugs are much cheaper.  原料药 belongs to generic drug.  Do you have any evidence to suggest the 原料药 is directly packed into a medicine without any purification process? If drugs were reprocessed and should be more expensive. 

Try to sell yourself this way;
You know many people in China are hurted by lower quality drug;
You want to change that;
A lot of factors caused these: regualtion, Management, finance, and so forth ;
You current position let you powerless - you can only change your factory in your capacity.
Furthermore, If you had more skills, you could do more.

You want a MBA; then short-term, in a US factory, or a factory in China run by internation corporation;
In your long term, you want to bring better management, finance, interntional standard, a good team, and better understanding of modern medicine in a local factory to help people.

 Actually I should put your comments into ps of MPH program. I want to be a person in the position of the excuted Mr. Zheng Xiaoyu but do something totally different.