Word: mba
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While this past year's economic turmoil may have sparked debates about the merits of earning an MBA, Harvard Business School announced last week that next year's class will be its largest ever...
According to a class profile posted on the MBA Admissions Office's Web site, the incoming Class of 2011 currently has 942 enrolled students, 42 more than last year's entering class. The Business School received 9,093 applications—its second-highest total ever—which corresponds to a 12 percent acceptance rate. The school also reported a yield rate of 89 percent...
Deirdre C. Leopold, Managing Director of MBA Admissions and Financial Aid, said that the numbers are preliminary and that she expects enrollment to settle between 930 to 940 by the time classes begin in the fall...
...MBA degree is now a way to make a difference," she said. "Some people see the MBA as a way to ride out the financial crisis, but they will learn broader skills and gain different attitudes. The world will look different when it comes back [from recession], and [students] will be equipped for new industries...
...much money the school has." But due to the complicated mechanisms for assigning financial aid at each of Harvard's schools and within the Yellow Ribbon Program itself, he said he would refrain from judgment "until we see how individual aid packages turn out."Susan Gilbert, director of MBA financial aid at HBS, said her school was happy to support such an important initiative and that $5,000 represented an "appropriate amount for the first year of our program."Day said the University's decentralized approach has actually allowed for greater participation in the program among Harvard's various schools...