This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Kaplan Test Prep Survey Finds That Business School Matriculants May Be Starting To Look More “Big Bang Theory” And Less “Apprentice”

Stocks in this article: WPO

As the job market for top talent shifts from investment banks to tech firms, a Kaplan Test Prep survey* of 140 business schools across the United States and Canada shows that 54% accepted more students from STEM backgrounds (Science, Technology, Engineering and Math) for the 2013-2014 cycle compared to three years ago. Traditionally, the bulk of B-school students have come from more traditional fields such as consulting, marketing and business.

Reflecting a broader change in the business school education landscape, the increased acceptance of applicants from non-traditional backgrounds comes at a time when GMAT test taking volume is down and business schools are seeking new ways to attract top talent. Recent years have seen B-schools roll out a growing number of specialized master’s programs in areas like Accounting, Finance, Human Resources and Operations and an overall increase in the number of applicants to these programs**. Typically, these programs place less emphasis on an applicant’s employment experience in the admissions process; Kaplan’s survey showed that only 12% of business school admissions officers cited lack of relevant work experience as the biggest “application killer,” compared with 51% who said they would reject an applicant on the basis of a low entrance exam (GMAT or GRE) score. Related data from Kaplan’s survey shows that 39% of business schools accepted more students who applied directly from college than three years ago.

“Business school demographics are shifting, with growth coming from applicants who are younger, more international, and have STEM backgrounds -- and this is translating to growth in specialized master’s degree programs,” said Lee Weiss, executive director of pre-business and pre-graduate programs, Kaplan Test Prep. “A specialized master’s degree can be a great fit if an applicant knows they want to pursue a career in that particular field, while a traditional MBA provides broader options. Students exploring business school programs should think carefully about why they want to go to business school and how a particular degree can help them achieve their career goals.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs