How COVID-19 Is Impacting B-Schools
Harvard Business School Dean Nitin Nohria
Harvard Business School Dean Nitin Nohria isn’t leaving his job at the end of this academic year after all. After a ten-year term as dean, Nohria was to step down on June 30 to take a year-long sabbatical.
Harvard says that the HBS dean has agreed to remain as dean through the end of December as a result of the “historical global upheaval and uncertainty caused by the COVID-19 pandemic.” The announcement was made just days after HBS fell to its lowest rank ever in U.S. News & World Report‘s annual MBA ranking. The school’s full-time MBA program dropped three places to rank sixth, below MIT Sloan, Northwestern Kellogg, and Chicago Booth.
“We are very fortunate to have the sustained benefit of Nitin’s keen judgment, deep experience, and steady hand as we navigate the unprecedented circumstances now before us,” university President Lawrence Bacow wrote in a letter to the HBS community Thursday afternoon.
Here’s what you need to know:
Blair Mannix, director of MBA admissions at the Wharton School
March 19: Wharton is allowing Round 3 and Advance Access applicants to submit their applications without having sat for a standardized test. If admitted, the official test results must be submitted before arriving on campus on Aug. 10 for Round 3 applicants and before Dec. 31 for Advance Access Applicants. “We reserve this option for anyone who had their test canceled or cannot travel to their test location due to social distancing restrictions,” wrote Blair Mannix, director of admissions.
March 19: Harvard University cancels its on-campus commencement exercises, including in-person graduation at Harvard Business School. Instead, the May 28th ceremony is being shifted online. Each school at Harvard will also host its own special online event and afterward deliver diplomas through the mail. Follows similar action by the University of Pennsylvania.
March 19: This Year’s MBA Job Market: How Bad Can It Get? A look back at the impact of the Great Recession provides a guide to what can happen.
March 19: Columbia Business School has extended its application deadline from April 10th until June 1st and expects to be admitting more people later in the cycle this year.
March 19: Carnegie Mellon’s Tepper School plans to extend its rolling admissions period.
March 19: Dartmouth Tuck will “extend the opportunity to apply after our Round 3 deadline to applicants who need additional time.”
March 19: The University of Texas’ McCombs School of Business is launching a fourth-round deadline of April 28th for domestic applicants. McCombs is also allowing international applicants for its round three deadline of March 31 to apply without a test score.
March 18: Stanford’s Pandemic Playbook: How The Scramble Online Is Working For MBAs. What students are saying about the school’s rush to shift 125 class sections online in 72 hours. ” I was craving social interaction,” says Angela Sinisterra-Woods, a second-year MBA. “We’re making the best of a really weird situation.”
March 18: Harvard Business School extends application deadline for 2+2 deferred admit program by two months to June 1 from April 2nd.
March 18: Educational Testing Services Is Developing A TOEFL Test You Can Take At Home. ETA expects it to be ready by the end of March in a reaction to the spreading COVID-19 virus that has closed test centers all over the world.
March 17: The University of Michigan’s Ross School of Business has pushed back its round 3 application deadline by two months to May 29th.
March 15: INSEAD Dean Tests Positive For COVID-19. Dean Ilian Mihov most likely contracted the disease during his recent travel to Europe and is now in an isolation ward of a hospital in Singapore.
March 13: INSEAD Extends Application Deadlines Due To Virus. School says it will begin evaluating applications without a standardized test score to deal with the coronavirus outbreak.
March 13: Kellogg Reports A Confirmed Case Of COVID-19.Northwestern University announced that a Kellogg School of Management staffer tested positive for the COVID-19 disease. It was the first confirmed case of COVID-19 at Northwestern and the first at any prominent business school in the U.S.
March 12: A Complete List Of Coronavirus Measures At The Top 50 U.S. Business Schools. Poets&Quants has compiled a list of the known measures at the top 50 U.S. B-schools, from moving in-person classes online to canceling all sanctioned international travel, including links to each school’s up-to-date statements.
March 9: Berkeley Haas, Stanford & Other B-Schools Move Classes Online. UC-Berkeley joins a growing list of U.S. universities with top business schools to make such changes. Last week, the University of Washington moved classes for its entire population of around 50,000 students online. Not long after, Stanford University did the same.
March 7: MIT Sloan’s Nicolaides: Stop Coronavirus By Washing Your Hands. Poets&Quants’ Professor of the Week suggests an increase in strategic handwashing at ten major international airports that serve as key transit hubs could dramatically reduce the virus’s spread.
March 7: Three Students At Spain’s IE Business School Test Positive For Coronavirus. One IE student from the school’s Madrid campus has been hospitalized with the virus and is reportedly in stable condition, while two others, from IE’s campus in Segovia, also have been diagnosed with the disease.
March 6: Virus Causes Widespread Travel Cancellations For MBAs. MBA students in the United States who had been looking forward to school-sponsored travel abroad this spring are feeling major disappointment as fears of a coronavirus pandemic lead to a wave of cancellations, curtailments, and outright travel moratoriums at top business schools.
March 4: Coronavirus Scare At Dartmouth Tuck After Students Attend Event With Infected Patient. Students attended an invitation-only event that was also attended by an employee of the Dartmouth-Hitchcock Medical Center who had been exposed to coronavirus during a recent trip to Italy. That employee, who reportedly broke quarantine to attend the event, was diagnosed with the virus himself on Monday (March 2).
March 3: B-Schools Fear Dramatic Fall In Internationals Due To Virus. For this year’s admissions cycle, business schools may have to draw on their waitlists more aggressively, grant more deferrals to international students who decide not to enroll in the fall, and prep for what could be a vastly expanded applicant pool next year as many international candidates reapply or a recession fuels a new MBA applicant boom.
Feb. 28: Coronavirus Wrecks Havoc On B-Schools Globally. Business schools all over the world are racing to adapt their programs to deal with the rapid spread of coronavirus. Some schools have been forced to close entirely, while others have had to cancel study trips, postpone lectures by prominent guests, or switch face-to-face courses to online.
Feb. 5: B-Schools Begin Canceling MBA Trips To China. With the coronavirus outbreak continuing to worsen in China, business schools that take their MBA students on global immersions to the country are reconsidering their plans.
Jan. 30: China Cancels GMAT & GRE Exams For February. The decision by China’s National Education Examinations Authority was made in an effort to contain the spread of the disease which is rapidly spreading in China and has become a significant risk beyond the country.
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