This year, the QS Global 200 Business Schools Report consists of 82 schools in North America, 67 schools in Europe, 36 schools in Asia-Pacific, 10 schools in Latin America and 5 schools in Africa and the Middle East.
Compiled using the opinions of MBA employers, no other piece of MBA research covers such a geographically diverse set of schools. In 1999, only 15 schools outside of North America and Europe featured in the research, compared to 51 schools this year.
This represents the widening international view that MBA employers are developing, as the globalization of business presents a need for international managers with local talents.
Read more here.
Thursday, December 15, 2011
Thursday, December 8, 2011
Top Consultancy Firm MBA Door Opener
It is not a surprised that the expected top business schools are also the top choice for major consultancy firms such as BCG, Bain and McKinsey.
But how does the others fare if your choice of business schools are not in the top 10? Read more here.
Jimmy
But how does the others fare if your choice of business schools are not in the top 10? Read more here.
Jimmy
Saturday, December 3, 2011
GMAT Malaysia Turns 4! Thank you for your support
Wow, we are already 4 years old! Thank you so much for your support. We hope you find this blog useful even though we have not been posting much lately. Many of us raised the same questions, so we suggest that you search for the topics on the right sidebar.
Jimmy, Cimdaa and JK
Friday, August 19, 2011
GMAT Club: Everything about GMAT and Beyond
GMAT Malaysia was created to share our GMAT, MBA applications and later MBA program experiences. While we did our best to share what we know, there are more out there whom can assist you too. I have given you www.topmba.com and www.businessbecause.com in my earlier posting. If you are seeking help how to prepare for GMAT or answer some of the tough Quant and Verbal questions, look no further than GMAT Club (www.gmatclub.com). Again, lots of questions and resources in their forum for you to tap on.
GMAT Club has also created iPhone/iPad/iPod mobile app "GMAT Toolkit" that you can download and use while on the go.
You need all the help you can get. I wish you good luck in your GMAT!
Jimmy Low
BusinessBecause: Because They Know their Business (Programs)
As they say, "birds of a feather flock together." Okay, I don't want to sound cliché-ish. What would be a better place to meet someone in the same boat as you (sorry again ;-)). Just like how GMAT Malaysia started in 2008. A few of us who wanted to do GMAT started meeting regularly and helped each other. Then, we "graduated" from GMAT and helped the next batch. We are almost 4 years old this December and in spite of the founders no longer living in Malaysia, we still continue to help via this blog and replying emails.
Then again, do not limit yourself to us. Get to know others around the world especially if you have decided which school you want to join. Talk to current student body or alumni. They can tell you from their personal experience about studying in the school, living in the city and the fun they had and now missed. London-based BusinessBecause is one of such places where you can meet these alumni and know more about the schools and activities. Do sign up for its free membership and tap into the wealth of resources it has to offer. I have recently been made an ESMT Ambassador, my MBA school based in Berlin, Germany. If you want to know more about the European School of Management and Technology (ESMT), feel free to write to me.
Jimmy Low
QS TopMBA: First Stop in Your MBA Journey
Many have written to me about MBA programs, asking about which MBA program should they do. Honestly, my focus had been on US MBAs before I landed in Germany in 2010. My co-founders may have looked at more schools. However, one of the websites that I recommend you to look at is www.topmba.com.
London-based QS runs one of the largest, if not the largest, tertiary educational fairs in the world. Their popular QS World MBA Tours attract some of the top schools around the world and together with these schools, QS brings the admissions officers and alumni closer to your city. I have associated myself with QS since 2008 through GMAT Malaysia promoting their events in Kuala Lumpur (see label). I highly recommend you to check out their website for more information about the schools that you like to join. Perhaps we can talk more about your selections. Don't forget to register for their 2011 World MBA Tour, http://gmatmalaysia.blogspot.com/2011/08/qs-world-mba-2011-tour-coming-to-your.html.
Jimmy Low
Thursday, August 18, 2011
ESMT MBA Student Dimitry Krasnozhon Shares his Silicon Valley Field Trip Experience
Starting from this year, European School of Management of Technology (ESMT) in Berlin offers two elective tracks: Management of Innovation and Technology (MIT) and Global Sustainable Business (GSB). As part of their all-expenses paid international field trip, Russian student Dimitry Krasnozhon shares with GMAT Malaysia his impression of the Silicon Valley. For more information on ESMT full-time MBA program, visit http://www.esmt.org/eng/mba-emba/full-time-mba/.
By Dimitry Krasnozhon, ESMT MBA 2011 candidate
Whenever coming across the term Silicon Valley, I was struck by the question of its origin. What stands behind this name is unfamiliar to vast majority of people, although it is impossible to imagine modern civilization without inventions ranging from HP pocket calculator to lasers that came from this area. The ten-day field trip to Silicon Valley was a strong nudge to learn about the history of the place before meeting its business and academic luminaries in person.
The name Silicon Valley was first mentioned in 1971 by Don Huefler, Microelectronics News editor, as a title of article about semiconductor industry developed next door to Stanford University. The reason is surprisingly simple: silicon is the material for producing semiconductor chips, a product which gave the Valley its current technological edge. Silicon Valley is an evident example of what bright individuals with scientific background and business mindset can achieve if given proper financing, creative freedom, all of that backed up by wise state economic policy. As Thomas Mahon, author of “Charged bodies: People, Power and Paradox of Silicon Valley” put it: “the Valley is an economic and cultural frontier where successful entrepreneurship and venture capitalism, innovative work rules and open management styles provide the background for most profound inquiry ever into the nature of intelligence”.
Over the past 60 years Silicon Valley has become a global technology powerhouse giving home to more than 10 thousand companies and employing more than one million people. Which factors led the valley to success? Are they exportable? Can these conditions be recreated in Russia, my homecountry, which once stood at the forefront of innovations in microelectronics, aerospace, and nuclear physics? These questions were of my major concern throughout the trip.
I was particularly impressed by the executive summary that Lisa Sweeney, Director of Stanford GSB Center for Entrepreneurial Studies, gave us. She sees the “Secret Sauce” of Silicon Valley prosperity as a blend of four ingredients: Unique Culture, Free Markets, Stable Legal System, and Reliable Infrastructure. Indeed, the culture is one-of-a-kind in terms of risk and failure tolerance. Venture capitalists invest where others fear, whereas on average only one in 20 companies succeed. The good thing is that if you fail, you can try again. In other cultures usually you do not get the second chance. “Proper” failure is acknowledged in the same fashion as success because it gives valuable lessons. The common philosophy is that a start-up is not a tech company, but rather a learning tool. In this respect, both venture capitalists (Khosla Ventures) and serial entrepreneurs (Krish Ramakrishnan of Blue Jeans Network) echo each other’s words: failure is tolerated if it results from from unsecured financing, product ahead of the market or lack of commercialization skills. However, poor execution and lack of commitment will most likely leave a black mark on the entrepreneur similarly to other more conservative environments. Another striking cultural aspect is the readiness of Valley’s residents to share ideas and collaborate, thus creating an uncommon mix of partnership and competition, which at the end of the day determines the success of the whole valley.
However, this culture would not have formed without Stanford University, the nucleus of high-tech industry in Silicon Valley. Founded by railroad tycoon Leland Stanford in 1887, the university became the main source of engineering specialists for local businesses. In mid twenty century Stanford Research Institute was formed. This research park leased land in Stanford vicinity to high-tech companies on favourable terms, and this is when the real binding between the university and the companies took place. Many high-tech pioneers including HP moved their R&D centers to the park making it a worldwide model for a handful of other high-tech clusters.
During the field trip meetings, none of the speakers explicitly mentioned the role of the US Government in supporting the Valley, leaving us under the assumption that the main benefit currently given by the state is its non-interference. However, state support played a vital role in the early days: military spending represented about 70% of integrated circuits in sixties. Pentagon still remains an important purchaser of latest technologies. In addition, the area has secured a modern legal framework that accounts for favourable tax regime for start-ups, intellectual property protection, and hiring the best talent including foreign specialists. For instance, more that half of Silicon Valley companies were initiated by people born outside of the US.
Finally, the Valley’s infrastructure – utilities, transportation, high technology penetration, backed by mild Mediterranean-like climate create an environment highly appealing for work and life. Throughout the trip I have been reflecting on how this innovation cycle can be replicated in other geographical areas. Which elements are “exportable” and which are not? History knows a few successful examples like Silicon Wadi in Tel-Aviv and Central Taiwan Science Park, but also a multitude of less prosperous examples, such as Sophia Antipolis which has been micromanaged by French government for years and Shenzhen Technology Park. The latter research center attracts brightest local students but according to Margaret O’Mara, Professor of History at University of Washington, they do not intend to build companies in the area upon graduation. The most recent ongoing attempt is Russian President Medvedev’s Skolkovo Science Park on the outskirts of Moscow. There are certainly many legal, cultural, and infrastructure issues that will prevent this project from becoming a success story overnight. The good news is that Russian leadersWhenever coming across the term Silicon Valley, I was struck by the question of its origin. What stands behind this name is unfamiliar to vast majority of people, although it is impossible to imagine modern civilization without inventions ranging from HP pocket calculator to lasers that came from this area. The ten-day field trip to Silicon Valley was a strong nudge to learn about the history of the place before meeting its business and academic luminaries in person.
---
And, I leave you with this song "Going to San Francisco" by 92.7 edit
Jimmy Low
Dimitry and his ESMT MBA classmates in San Francisco
Over the past 60 years Silicon Valley has become a global technology powerhouse giving home to more than 10 thousand companies and employing more than one million people. Which factors led the valley to success? Are they exportable? Can these conditions be recreated in Russia, my homecountry, which once stood at the forefront of innovations in microelectronics, aerospace, and nuclear physics? These questions were of my major concern throughout the trip.
I was particularly impressed by the executive summary that Lisa Sweeney, Director of Stanford GSB Center for Entrepreneurial Studies, gave us. She sees the “Secret Sauce” of Silicon Valley prosperity as a blend of four ingredients: Unique Culture, Free Markets, Stable Legal System, and Reliable Infrastructure. Indeed, the culture is one-of-a-kind in terms of risk and failure tolerance. Venture capitalists invest where others fear, whereas on average only one in 20 companies succeed. The good thing is that if you fail, you can try again. In other cultures usually you do not get the second chance. “Proper” failure is acknowledged in the same fashion as success because it gives valuable lessons. The common philosophy is that a start-up is not a tech company, but rather a learning tool. In this respect, both venture capitalists (Khosla Ventures) and serial entrepreneurs (Krish Ramakrishnan of Blue Jeans Network) echo each other’s words: failure is tolerated if it results from from unsecured financing, product ahead of the market or lack of commercialization skills. However, poor execution and lack of commitment will most likely leave a black mark on the entrepreneur similarly to other more conservative environments. Another striking cultural aspect is the readiness of Valley’s residents to share ideas and collaborate, thus creating an uncommon mix of partnership and competition, which at the end of the day determines the success of the whole valley.
However, this culture would not have formed without Stanford University, the nucleus of high-tech industry in Silicon Valley. Founded by railroad tycoon Leland Stanford in 1887, the university became the main source of engineering specialists for local businesses. In mid twenty century Stanford Research Institute was formed. This research park leased land in Stanford vicinity to high-tech companies on favourable terms, and this is when the real binding between the university and the companies took place. Many high-tech pioneers including HP moved their R&D centers to the park making it a worldwide model for a handful of other high-tech clusters.
During the field trip meetings, none of the speakers explicitly mentioned the role of the US Government in supporting the Valley, leaving us under the assumption that the main benefit currently given by the state is its non-interference. However, state support played a vital role in the early days: military spending represented about 70% of integrated circuits in sixties. Pentagon still remains an important purchaser of latest technologies. In addition, the area has secured a modern legal framework that accounts for favourable tax regime for start-ups, intellectual property protection, and hiring the best talent including foreign specialists. For instance, more that half of Silicon Valley companies were initiated by people born outside of the US.
Finally, the Valley’s infrastructure – utilities, transportation, high technology penetration, backed by mild Mediterranean-like climate create an environment highly appealing for work and life. Throughout the trip I have been reflecting on how this innovation cycle can be replicated in other geographical areas. Which elements are “exportable” and which are not? History knows a few successful examples like Silicon Wadi in Tel-Aviv and Central Taiwan Science Park, but also a multitude of less prosperous examples, such as Sophia Antipolis which has been micromanaged by French government for years and Shenzhen Technology Park. The latter research center attracts brightest local students but according to Margaret O’Mara, Professor of History at University of Washington, they do not intend to build companies in the area upon graduation. The most recent ongoing attempt is Russian President Medvedev’s Skolkovo Science Park on the outskirts of Moscow. There are certainly many legal, cultural, and infrastructure issues that will prevent this project from becoming a success story overnight. The good news is that Russian leadersWhenever coming across the term Silicon Valley, I was struck by the question of its origin. What stands behind this name is unfamiliar to vast majority of people, although it is impossible to imagine modern civilization without inventions ranging from HP pocket calculator to lasers that came from this area. The ten-day field trip to Silicon Valley was a strong nudge to learn about the history of the place before meeting its business and academic luminaries in person.
---
And, I leave you with this song "Going to San Francisco" by 92.7 edit
Jimmy Low
Monday, August 15, 2011
Duke MBA: Asian Recruiting Event
Considering an American MBA? Duke will be on its Asia tour this coming August. Don't miss the chance to speak to the admission officers and alumni in each of these cities:
Bangkok - 18 August
Singapore - 20 August
Taipei - 22 August
Seoul - 24 August
Tokyo - 25 August
For more information, click here.
Jimmy Low
Friday, August 12, 2011
MBA Applicant Drinks Club: Your Avenue to Know Others
Check out http://www.businessbecause.com/mba-applicant-drinks-club.htm for regular updates.
Jimmy Low
International Grad Mag and BusinessBecause
As you research more about post graduate programs, let me help you with some useful resources. The International Grad Mag has a good coverage of various programs around the world, and addresses many areas that you should be aware of. Do check out their website at www.internationalgraduatemag.com
London-based BusinessBecause is another useful website to network and learn about MBA and other post graduate programs. Besides career posting and interesting articles by students and faculty members, check out their regular MBA Applicant Drinks club. Check out www.businessbecause.com
You will also find other useful resources on the right side of GMAT Malaysia website.
Jimmy Low
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