Northwestern Kellogg

Women’s Enrollment in MBA Programs Continues to Climb

MBA matriculation is inching closer to gender parity. According to new data released by the Forte Foundation and reported by the Wall Street Journal, women make up 42 percent of 2023 MBA enrollees. This is up slightly from last year’s 41 percent and up significantly from 34 percent in 2013.

Five MBA programs did achieve gender parity: George Washington University’s School of Business, Oxford Said, Johns Hopkins Carey, U Penn Wharton, and Penn State Smeal. An additional 15 programs came close with women making up at least 44 percent of total enrollees. Among this group are some of the world’s most prestigious MBA programs. They include Northwestern Kellogg (48 percent), Stanford GSB (46 percent), MIT Sloan (46 percent), and Harvard Business School (45 percent).

Notably, two of the five programs that achieved gender parity, Oxford Said and Penn State Smeal, are one-year programs. Administrators from both schools told the WSJ that this shorter time commitment appeals to women, particularly those who carry family responsibilities.

Programs with the Highest Percentage of Female Matriculants (Fall 2023):

  • George Washington University (65 percent)

  • Oxford University-Saïd (51 percent)

  • Johns Hopkins University-Carey (51 percent)

  • University of Pennsylvania-Wharton (50 percent)

  • Penn State University-Smeal (50 percent)

  • University of Rochester-Simon (49 percent)

  • University of Toronto-Rotman (49 percent)

  • Northwestern University-Kellogg (48 percent)

  • University of Washington-Foster (47 percent)

  • Stanford Graduate School of Business (46 percent)

  • Queen's University-Smith (46 percent)

  • MIT-Sloan (46 percent)

  • Duke University-Fuqua (45 percent)

  • Harvard Business School (45 percent)

  • Alliance Manchester School of Business (45 percent)

  • Arizona State University-W. P. Carey (44 percent)

  • Columbia Business School (44 percent)

  • Dartmouth-Tuck (44 percent)

  • ESADE (44 percent)

  • Michigan State University-Broad (44 percent)

Chicago Schools Come Out on Top in U.S. News’ Best MBA Rankings

University of Chicago Booth took the top spot in the newly released U.S. News and World Report’s “Best MBA” ranking. Booth was followed by Northwestern Kellogg at number two. University of Pennsylvania Wharton dropped to number three after sharing the top rank with Booth last year. This year’s rankings utilized an updated methodology with a greater emphasis on outcomes, which caused some shifts within the top 15. Highlights include:

  • Dartmouth Tuck saw the largest uptick, moving from the 11th rank in 2022 to share the 6th rank with Stanford. 

  • USC Marshall climbed four spots to the 15th rank, which it holds alongside Cornell Johnson.

  • Harvard maintained its 5th rank position for the third consecutive year.

  • Stanford, Columbia, and Berkeley Haas all dropped three spots from their positions last year. Columbia and Berkeley fell out of the top 10 into a three-way tie for the 11th rank with Duke Fuqua.

Along with the rankings, U.S. News shared key updates to its methodology, which increased the weight for “Placement Success,” to 50 percent of the overall rank. This is up significantly from 35 percent last year and includes two employment metrics as well as the mean starting salary and bonus for graduates. The overall rank de-emphasized the “Quality Assessment” to 25 percent of the total, down from 40 percent, and includes a peer and recruiter assessment score. “Student Selectivity” makes up the final 25 percent of the rank. It includes undergraduate GPA and acceptance rate, weighted slightly more than in previous years, and standardized test scores, weighted slightly less. 

Rank/School

1 University of Chicago (Booth)

2 Northwestern University (Kellogg)

3 University of Pennsylvania (Wharton)

4 Massachusetts Institute of Technology (Sloan)

5 Harvard University

6 Dartmouth College (Tuck)

6 Stanford University

8 University of Michigan--Ann Arbor (Ross)

8 Yale University

10 New York University (Stern)

11 Columbia University

11 Duke University (Fuqua)

11 University of California, Berkeley (Haas)

14 University of Virginia (Darden)

15 Cornell University (Johnson)

15 University of Southern California (Marshall)

17 Emory University (Goizueta)

18 Carnegie Mellon University (Tepper)

19 University of California--Los Angeles (Anderson)

20 University of Texas--Austin (McCombs)

20 University of Washington (Foster)

22 Indiana University (Kelley)

22 University of North Carolina--Chapel Hill (Kenan-Flagler)

24 Georgetown University (McDonough)

24 Rice University (Jones)

More MBA Programs Offer Admissions Accommodations to Laid Off Tech Workers

A number of business schools are joining Northwestern’s Kellogg in offering special admissions accommodations to the tens of thousands of recently laid off tech workers. 

MIT Sloan will extend its Round Two deadline from January 18th to February 23rd for recently laid off tech employees. Applicants will still need to submit the full application, including GMAT/GRE scores. 

Indiana Kelley is offering laid off employees an application fee waiver, and highlights that they offer GMAT/GRE waivers to all applicants (in any round) with a strong past academic record that includes the successful completion of quantitative coursework. Upcoming application deadlines are January 5th, March 1st, and April 15th.

UC-Berkeley Haas is offering any applicant who has been laid off in the past six months (regardless of industry/location) an application fee waiver for the full-time MBA program, as well as an extension for the Round Two application deadline from January 5th to February 2nd. 

NYU Stern announced that it will waive entrance exams for the one-year Andre Koo Technology and Entrepreneurship MBA program (May 2023 start). Upcoming application deadlines are January 15th and February 15th.

Related: Kellogg Waives Standardized Test Requirement for Laid-off Tech Employees

Kellogg Waives Standardized Test Requirement for Laid-off Tech Employees

Greg Hanifee, Associate Dean of Degree Programs and Operations at the Kellogg School of Management at Northwestern University, announced earlier this week that Kellogg will waive the standardized test score requirement for any Round Two applicants impacted by the recent, wide-scale tech industry lay-offs. Noting the vast impact of the lay-offs as well as Kellogg’s “long heritage of acting with empathy and valuing collaboration,” Hanifee laid out the specifics of the program:

  • This test waiver is geared for individuals recently laid off from the tech industry and only applies to Round Two applicants. 

  • Those eligible can apply by providing their transcripts, resume, and a completed application (including a brief essay on their most recent role, as well as how Kellogg’s MBA program will advance their transformation). 

  • The waiver extends to all Kellogg Full-Time Programs including their One-Year, Two-Year, MMM (a dual degree with the McCormick School of Engineering), and MBAi (a joint degree with the McCormick School of Engineering), as well as their Evening and Weekend Programs.  

Hanifee stipulates that Kellogg will not be able to accept everyone who applies using the waiver, as applicants will still have to meet the rigorous acceptance criteria.

Related: Trends in Business: MBA Programs Prepare Students for Leadership Roles in Technology 

Your MBA Application. Acing the Video Essay

The video essay is an excellent opportunity for the admissions committee to put a face and personality with your application. And it is important to prepare so you can make a compelling first impression. We have some tips to help you ace the video essays for Northwestern’s Kellogg School of Management, the Yale School of Management, and MIT Sloan. 

  • Minimize background distractions. Select a place with a strong internet connection and a plain, uncluttered background. Allow the admissions committee to focus on what you’re saying by minimizing any distractions in the background—this includes pets, roommates, or loud noises. 

  • Set the lights. You’ll want to place a light in front of you so that your face is clearly visible on the screen (backlighting will result in shadows). Take a test run with a friend or family member to confirm that they are able to see you clearly.

  • Dress professionally. Put your best foot forward by dressing professionally, similar to how you would dress for an in-person interview. 

  • Prepare, but don’t script yourself. You’ll want the admissions committee see the real you. Think strategically about the points you want to highlight in each video, but don’t memorize a script. 

  • Note your pace. When nerves hit, people tend to speak more quickly. Practice delivering interview responses out loud and time them. You will have up to one minute for each response at Kellogg, and between 60-90 seconds for Yale.

Kellogg School of Management

Kellogg asks applicants to respond to several short video essay questions, in order to exhibit their personality and what they can bring to the MBA community. The question responses are optional, and the three question topics are available in advance. Video responses are due within 96 hours of submitting your application. 

Video essay 1: Please introduce yourself to the admissions committee. Consider this your opportunity to share what you would want your future Kellogg classmates and our admissions committee to know about you. What makes you, you?

Video essay 2: What path are you interested in pursuing, how will you get there, and why is this program right for you? This is an intentionally broad question so you can answer honestly and meaningfully. We want to know why you’re pursuing an MBA and why you’re choosing a particular Kellogg Full-Time Program.

Video essay 3: This question will be based on a challenge you've faced and what you've learned from it.

Kellogg states that the video essay questions are “designed to bring to life the person we have learned about on paper.” Student culture is a key focus in Kellogg’s admissions efforts, and they want to get to know applicants as fully as possible to ensure they construct a close-knit and collaborative class. This is an opportunity for you to demonstrate your values, interests, creative thinking ability, and goals, rather than worrying too much about the “correct” or expected response.  

Your Strategy: Prior to participating in the video essay, review your application (your goals, especially, must be consistent with what you’ve already submitted) and think through the video essay topics. How will Kellogg help you achieve your goals? Think about specific professors, classes, and experiential learning opportunities. How will you highlight your personality and background to the admissions committee? What characteristics and qualities will you bring to the class? What unique experiences can you offer? How can you expand upon your application materials? Bullet out key points that you’d like to make for each question topic, and practice your responses, keeping a close eye on your time. Kellogg provides practice questions that will help you to get comfortable with the format and technology, and we recommend taking advantage of this. 

From the Admissions Office: Full-Time MBA Application Series: the Video Essays

Yale School of Management

Yale asks applicants to respond to several short video essay questions, in order to exhibit their personality, grasp of the English language, and ability to think under pressure. The questions are provided after the application is submitted, and each applicant receives a set of randomized interview questions. 

Yale is looking to gauge your communication skills and your ability to think on your feet. 

Your Strategy: Prior to participating in the video essay, review your submitted application and prepare yourself to speak on how your personal goals and interests align with Yale’s MBA program. You should also review standard interview questions, and think through anecdotes from your academic and professional experiences that can be used to respond to different question types. Yale provides practice questions that will help you get comfortable with the format and technology, and we recommend taking advantage of this. Take note of the time restrictions. 

From the Admissions Office: Video Questions: Designed to set you up for success

MIT Sloan

Sloan requests applicants provide a 60-second video statement introducing themselves to their future classmates. They want to further understand your presence, passions, and interests. It is important to note that the video will only be used during the admissions process and will not actually be shown to your future classmates.

Your Strategy: Familiarize yourself with the Sloan values and culture (see bullets listed below), and take the time to clearly link your own values, passions, and goals with those of the greater Sloan community. 

  • Leadership and an ability to inspire others 

  • A collaborative spirit and focus on community

  • Intellectual curiosity and analytical strength 

  • Creativity to generate new solutions to existing challenges 

  • Growth in both professional and personal endeavors 

  • Drive, determination, and authenticity

You will also want to showcase your personality and the qualities that make you unique. The Admissions Committee should gain a clear understanding of why you want to attend the school and what you will bring to your class. 

Create an outline of ideas and practice delivering the content aloud. Consider also how you can best incorporate personality into your submission. This video type is the exception to our advice on using a plain, uncluttered background. If you have a location or background that will help you tell your story, go for it. Finally, take advantage of the fact that you can record the video as many times as you want.

From the Admissions Office: The 60-second video

MBA Interviews: When the Interview Requires More than an Interview

To get to know applicants better, some MBA programs will ask interview participants to submit additional materials or participate in supplementary activities. We have profiled a few of these exercises below to provide you with additional insight. 

1.       Harvard Business School, Post-Interview Reflections

Description: Within 24 hours of the interview, candidates are required to submit a written reflection through Harvard Business School’s online application system. The submission is not a formal essay. Rather, it should be written similarly to a post-meeting summary one would write to a colleague or supervisor at work.  

Rationale:  Shortly after instituting the Post-Interview Reflection, Harvard’s Admission Blog described the exercise as a chance to both get students’ opinions regarding their interviews, as well as a real-world practicum. Professionals routinely need to send emails summarizing meetings and offering assessments and their ability to do this well is critical for workplace success.

Your Strategy: Be genuine and think critically about the interview. What were the highlights? What could have gone better? Were there remaining “gaps” after your interview, and if so, how do you wish you could have addressed these? The post-interview reflection is an opportunity for you to demonstrate real-world critical thinking and writing skills, as well as offer any information that you feel you did not adequately explain in the interview. In other words, Harvard is not expecting your most polished product, but rather a thoughtful assessment of your interview coupled with a compelling communication. As such, this piece should not be crafted prior to the interview, adapted from another essay, or used as additional resume space. However, you may want to take some time immediately after your interview to make notes on areas that you’ll want to include in your submission. Then give yourself a bit of reflection time prior to producing your final product. You’ll want to make the most of this final opportunity to show the admissions committee who you are and how you think.

2.       MIT Sloan, Pre-Interview Essay Submission

Description: Those invited to interview at Sloan will be asked to answer the following question: The mission of the MIT Sloan School of Management is to develop principled, innovative leaders who improve the world and to generate ideas that advance management practice. We believe that a commitment to diversity, inclusion, equity, and well-being is a key component of both principled leadership and sound management practice. In 250 words or less, please describe how you, as a member of the MIT Sloan community, would work to create a campus that is welcoming, inclusive and increasingly diverse. 

Rationale: The interview process is about getting to know applicants more thoroughly. This is a chance to not only demonstrate that your values match those of MIT Sloan, but that you are willing to proactively work to put those values into action during your business school tenure.

Your Strategy: Your response to this question should go beyond what clubs and extracurricular activities you will participate in at Sloan. Rather, it should examine how you will demonstrate leadership in creating a diverse environment and promoting wellbeing among your peers. Using examples from your past leadership experiences, demonstrate your ability to cultivate a positive culture. And be sure to clearly link the perspective you gained from these experiences to what you hope to accomplish at Sloan. 

3.       Northwestern Kellogg, Video Essay

Description: In responding to several short video essay questions, Kellogg’s video essay allows you to further demonstrate what you will bring to the community in an interactive way.

Rationale: Kellogg states that the video essay questions are “designed to bring to life the person we have learned about on paper.” Student culture is a key focus in Kellogg’s admissions efforts, and they want to get to know applicants as fully as possible to ensure they construct a close-knit and collaborative class. As such, this is an opportunity to showcase your personality, values, interests, and goals rather than worrying too much about the “correct” or expected response. 

Your Strategy: While the video essay may feel uncomfortable at first, it is an excellent opportunity to allow the admissions committee to know you better. Kellogg provides practice questions that will help you to get comfortable with the format and the technology, and we recommend taking advantage of this. Prior to the video essay, review your submitted application and think through your personal goals and interests and how those align with Kellogg. While you do not want to look scripted in your responses, you do want to be prepared, which will help you to relax and show your personality.

4.       University of Michigan Ross, Team Experience 2.0

Description: Those invited to interview at Ross will also be invited to participate in the Team Experience 2.0. In this exercise, teams are tasked with developing a business challenge and solution using random words. Then, they are required to present the case to an evaluator, who will ask each group a follow-up question based on the solution they present.

Rationale: The Ross Admissions Committee says that the goal of the exercise is to assess how an applicant can contribute to and problem-solve as a team-member in real-time. This exercise will mimic the format of most business school group work and will demonstrate to the admissions committee your ability to lead, collaborate, and contribute to a group’s shared goal.  

Your Strategy: As you take part in the Team Experience 2.0, you will want to consistently show your leadership and collaboration abilities. This includes ensuring that all members of the team are participating, celebrating and enhancing good ideas, kindly but productively questioning your teammates, and ultimately encouraging the group towards a decision. Similar to the Wharton Team Based Discussion, you will succeed to the extent that your team succeeds. As such, do not become overly competitive or domineering in the discourse. Instead, look for the ways in which you can help your team to determine the best solution.