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BW-online: Make It Personal for Yale
BusinessWeek Online's guest for a live chat on September 11, 2003, was Anne Coyle, director of MBA admissions at the Yale School of Management, No. 14 in BusinessWeek's latest B-School rankings. Coyle took over admissions in July, 2003, after most recently coordinating executive searches for Phillips Oppenheim, an executive search firm that places execs in nonprofit organizations. Her career has taken her from government -- she was once a Presidential management intern at the Senate Budget Committee -- to Cornell University's Johnson School of Management as an admissions director, to McKinsey & Co., where she managed recruiting for non-MBA associates.
Coyle received an MPA (master's in public administration) from Harvard's Kennedy School of Government and a BA in biological anthropology from Harvard College. Coyle spoke with BusinessWeek Online reporter Mica Schneider, who hosted the online chat.
Q: How does your recruiting experience lend itself to MBA admissions? A: For the past five years, I've worked on several [executive] searches at once, and at McKinsey, I saw how the company made decisions about where to recruit. I had to sift through thousands of résumés to get down to hundreds of people to interview. That experience helps me because I have the employer's perspective [when I look at applications]. I know how to look at a résumé and what employers are looking for. That's important in admissions at a professional school. Academics are a big part, but so are someone's career prospects.
Typically -- and on our staff -- admissions officers come from all sorts of backgrounds, so we can all use our perspectives when we're reading an application or interviewing applicants. One person might have a question about [an applicant's] work experience, and someone else will say, "I was in that industry, and that experience is a positive thing."
Q: What are some common misconceptions about Yale's MBA program? A: I hate to repeat misconceptions -- I wish they would go away. But in the popular press, or in applicants' minds, the misconception is that Yale is the business school for people interested in careers in the nonprofit world or even that it's a public policy program.
Last year, about 2% of the graduating class went into nonprofit organizations. We attract applicants from that sector, but about 40% of our graduates go into finance every year.
The truth is that all the top MBA programs have strong faculty and smart, interesting students. It takes visiting a campus to know the difference. A distinction of our program is that we have a small class size, so you get to know your classmates. There are just 60 students in each of our four cohorts, so it's a manageable size.
Q: How do you plan to adjust the admissions policies at Yale? A: We are trying to reduce barriers for busy people to apply. We recognize that in the years between college and an MBA program, a lot of the really talented people are working very hard and long hours. We want to get them the information they need [about Yale] to make good choices, but not any more than that.
So we're trying to be as applicant-friendly as possible. For instance, this year we're requiring one essay, instead of the five [required in past years]. After careful analysis, we realized that the information we were getting from one essay was consistent with what we got in the other four. That gives people who are working ridiculous hours a chance to apply. And [it's also helpful because] writing essays doesn't always come easy for the people with the quantitative skills we require to get through our program.
We've asked people to attach a résumé to their application, but we're not specifying what we want to see. We want to see how people portray their work experience.
We want to make it easier for people to interview. We'd love for people to come to campus, because when they come here, they have a great time interacting with ours students. But for some people, it's just not possible.
Finally, we're also trying to make decisions quickly, and getting them out as they're made, instead of waiting until the end of the [admissions] round.
Q: What's the recruiting goal of the First Annual Yale School of Management Washington Summit, which is Oct. 16? A: We value the experience [of people in government], and we think that many of those people can benefit from an MBA. Some of the people working on Capitol Hill, or in the executive branch agencies, are thinking about graduate school, and their thoughts may or may not include an MBA program.
Q: It doesn't seem that government employees are targeted quite so much by other schools. Is Washington an untapped source of MBA applicants? A: I think it is. I worked on Capitol Hill, and I worked with some very intelligent people.
Q: When is the best time for people to apply? Are applicants' chances reduced if they apply in the spring? A: We encourage anyone who is ready to complete the application by the first deadline to do so. If an applicant is better prepared for the second round, that's fine. By the third deadline, the class is filling up, and anyone who waits until the fourth deadline would be putting themselves at a significant disadvantage. Our advice is to apply as early as possible, consistent with putting one's best foot forward.
Q: It's your office's job to sift through more than 2,000 applications to enroll a class of 240 MBAs each year. How does an applicant gain your team's approval? A: We have six admissions professionals. We're all reading applications, interviewing people, and involved in each admissions committee decision. We also get input on a regular basis from our faculty admissions policy committee.
We are looking to put together an interesting class. We want people who can learn from each other. We're looking for self-starters, go-getters. So no matter what it is they want to do, they're always doing it at their best. These are people who are making the most of every opportunity.
Obviously, we're looking for smart people, not just smart in IQ, but also smart in EQ -- emotional intelligence. So we're looking at how much group work they've done, and that they're not a sole enterprise. There are plenty of people who we don't have the space to admit because we have such a competitive pool. |
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