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2008/08/27

MBA Moms Most Likely to Opt Out

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August 26, 2008
 

MBA Express


NEWS  THIS WEEK'S TOP STORY

MBA Moms Most Likely to Opt Out

A new study finds MBA moms more likely than doctors or lawyers to stay home full-time
-Plus: Resources for Female MBAs



  MORE TOP STORIES
VIDEO VIEWS
Goizeuta Unveils New Curriculum
This fall Goizeuta launches a new curriculum with a shortened core, more electives, and an earlier start date. Dean Larry Benveniste explains the program's goals

UNDERGRADUATE NEWS
How to Pick a Sport Management Program
Getting into the sport management business allows mere mortals to share the glory and the rewards. Here's how to choose an undergrad program

LIVE CHAT
Live Chat: Application Tips
Admissions consultant and author Paul Bodine will answer questions online on Sept. 11 at noon ET

 B-SCHOOL FORUMS
Visit BW Online's interactive forums for wide-ranging discussions about management education. Search through over 1,359,000 posts for topics that interest you. Join in today! Here are a few samples of recent messages:

Getting into B-School: Orientation: Thumbs Up or Thumbs Down?

From: FrancescaBW
To: ALL

Hi,

Word on the street -- more specifically on BusinessWeek.com -- is that MBA orientation programs are getting longer. I was wondering what you guys thought of orientation in general. Reply in this thread with your school name and rate your orientation with a thumbs up or thumbs down. I can't wait to see the results.

Talk to you soon,
Francesca
------------
From: LAGuy
To: FrancescaBW

Thumbs up.

I feel like I have a real leg up on the competition (students at other schools) because of the practical nature of the orientation. We're learning a ton of crap about different industries, how to interview, recruiting, case competitions, how to use technology (email, sharing calendars and huge databases with teams, etc) to your advantage and so forth.

It's also fun. Social stuff going on every night.
------------
From: Dag_at_ND
To: FrancescaBW

Thumbs Up!

At Notre Dame, we started our orientation week on August 11th and it will last two-weeks. We're currently in a Accounting and Statistics "boot camp" prior to classes beginning.

Our orientation week has been structured very well with a focus towards the university's attributes, career development, and how to best use our two-years on campus. The best information has been through the student panels (and the most fun!).

I'm not sure about previous years, but I do know that last year's orientation was also two-weeks long. Hope this helps!

Dag
----------------------------------------------------------


Getting into B-School: Media/Entertainment/Communications MBA

From: jsw363
To: All

I haven't been able to find a list of programs that offer a "major" or specialization in Media/Entertainment/Communications. I know that Anderson has an established program, but was wondering if other schools do as well. Do any of the more competitive schools? I'm interested in a comprehensive program rather than an individually-designed major with a few one-off courses.

Any thoughts would be appreciated.
------------
From: christopherW
To: jsw363

NYU has an M/E concentration, which i believe is gaining steam along with it's marketing concentration. Still primarily a finance school though.
------------
From: VP_MBA_Guru
To: christopherW

Also check out Wharton. Professor Gayton has done a fantastic job of developing a strong M&E program, including classes, alumni contacts and recruiting opportunities.

Other schools include USC, Columbia, Kellogg.

Also, most top MBA programs have M&E student clubs which is a great source for student & alumni contacts, company outreach, etc.

Regards,
Nikhil P.
------------
From: straight_talk_00
To: jsw363

NYU and Columbia hands down. Each year they co-host a Media/Telecom conference that draws some fantastic companies. Even if you don't go to either school the gig is open to any b-school student to attend and it's well worth it.

 B-SCHOOL BLOGS
View over 4,500 blogs in our MBA Blogs community today! Share your journey, meet new friends, and expand your network. Connect with MBA students, applicants and alumni from Columbia, Kellogg, Notre Dame, and more! Become a blogger today! Here's an excerpt:

BYU Tsinghua Soundings - Insights from MBAs in China: Gold Medal Management
By Tsinghua MBAs
Comments: 0 Stars: 0


A Chinese university student recently asked me what the main differences between Chinese and American management styles were. It is big question that you could talk a while about and not get to the bottom of. On the other hand, it is a topic that has been covered so much that you could probably summarize it on a post-it note, as I will attempt to do.

Since Beijing is presently caught up in Olympic fever, and its residents, myself included, eager to turn off their computers and go enjoy the games, I'll take the chance to quickly relay to my university friend the basic differences in management styles. I hope that it is not entirely old news to you.

The simplest description of the differences between American and Chinese management styles has been that American's tend to be more direct than their Chinese counterparts. Whether it be in dealing with staff members, suppliers, or potential clients, the Chinese, when compared to the average American manager will be more circuitous in their communications. If an American manager means "no" you'll probably know right away. Whereas a Chinese manager, or customer, or vendor, might ask you to let them "consider it a little", which is a polite way of saying no.

Another attempt I've seen at boiling down the difference goes so far as to say that Americans are impatient whereas Chinese tend to be able to endure long processes. Read any China memoir from an expat businessman and you're sure to get a story of marathon sales cycles or oceans of regulations and paperwork. With such a time-oriented twist to us, we in the US tend to prefer to move quick, and sometimes end up accepting less simply to get things done sooner. Now of course these are over-generalizations of, shall I say, Olympic proportions, but there is some truth to them. I must confess that I have been guilty of both directness and impatience to where these stereotypes have fit me to a T. But what does this mean and, if true, how can this info be used?

Well, for one, Americans in China need to learn to take things slow and curtail those frontal assaults. Choose your word's wisely and expect a lot of delays and politicking. As for the Chinese, if you can find a way to slow things down or ratchet up the rhetoric you might find yourself with the upper hand.

There is no substitute for experience. So, don't rely on kitschy little articles like this one to give you true insight on overseas issues. But, you must start somewhere. One good article that I would recommend on this topic is The Chinese Negotiation, by Graham and Lam, Harvard Business Review, Oct. 2003.

This posting was submitted by Michael Frechette, one of the international students in the MBA program at Tsinghua University in Beijing. His profile can be seen in an earlier posting.
FOR THE FULL VERSION


 WORDS OF WISDOM
MBAs Answer: "What are some of the perks you have received by virtue of having an MBA?"
-------------------------------------------

Thunderbird has a worldwide network of alumni that is very tight...one of the best networks I've ever seen. There are monthly social gatherings every first Tuesday in virtually every major city on the planet. Business contacts and information can be sourced through the alumni network.
-Thunderbird '93; Marketing Executive

Certain firms use MBA programs as an initial screen in their hiring process. By attending a top MBA program, you can gain access to job interviews that would otherwise be virtually inaccessible.
-University of Chicago '99; Equity Research

People include me in very high-level conversations now. I find that my clients are willing to overlook the fact that I have little Compensation Consulting experience, and simply trust me because they know I am well educated. I am also part of a new business we are creating within our firm, and I have been assigned the task of writing the business plan because my boss knows I did one recently at SMU.
-Southern Methodist University '99; Compensation Consultant


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  B-School Insider
Dear Reader:

Our lead story this week, "MBA Moms Most Likely to Drop Out," has already sparked a lot of discussion on BusinessWeek.com. Writer Alison Damast reports on a new study of Harvard grads who later got their MBAs. It found that a surprising number of these women have dropped out of the labor force to become stay-at-home mothers, particularly when compared to grads who got medical or law degrees.

Readers who have posted comments on the story have taken a number of different views on the phenomenon. Wrote one: "Many stay-at-home MBA moms I have met say that their decision was remarkably easy because they saw little sense in killing themselves, to 'make rich people richer.' Says another: "They are not dropping out, they are adding value wherever they go."

We invite you to read the story, and then join the discussion.

Until next week,
Phil Mintz
B-Schools Channel Editor


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