Business PhD Applications on the Rise

With expenses such as business lunches being curtailed and a dwindling list of new clients, Wayne Nelms knew it was only a matter of time before he would be laid off by accounting firm Grant Thornton.

"The writing was on the wall. I just didn't know when," says Nelms, 36, who worked as senior internal auditor at the company's Baltimore office for two-and-a-half-years. "Then I got the e-mail."

By January he was out of a job and found himself at a crossroads. Reluctant to jump back into the job market immediately, he started exploring his options and stumbled upon the PhD Project, a nonprofit that encourages minority business professionals to earn PhDs and go on to become professors. He'd heard of the program back when he was an MBA student at Howard University but had put it on the back burner after graduation.

For full article: Business PhD Applications on the Rise"

Source: Businessweek

Read more...

Make Your Leadership Case for B-School Admission

Leadership is a word thrown around a lot at many a top business school. In fact, leadership is considered the key to getting your foot in the door of top MBA programs. But what does leadership mean and how do you demonstrate to admissions committees in your application that you're a leader worthy of admission?

To determine if you are leader material, most admissions committees will be scanning your application to find certain characteristics—charisma, relating well to others, communicating well, handling difficult situations with grace, strategizing and having a vision, taking action, persuading others, willingness to take risks, committing to something for the long term, working well in teams, and being a great role model. "It's about leaving a footprint on whatever situation you're in and doing more than a good job," says Stacy Blackman, president of Stacy Blackman Consulting. "Leadership is not a solo effort. You're inspiring others and bringing out the best in them."

For full article Make Your Leadership Case for B-School Admission

Read more...