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More competition for spots in MBA programs as economy falters |
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According to this Wall Street Journal article, the financial crisis has already caused a bump in the number of applications to MBA programs this year. Some of those laid off from Lehman Brothers, Goldman Sachs and Merrill Lynch will want to wait out the bear market improving their earnings potential by gaining an MBA. Job-seekers will have a tougher time finding positions and are likely to think of going to Business School. The message for applicants is that this is likely to be one of the toughest admissions seasons of recent times. To a lesser extent, doctoral programs are also likely to see an increase in applications for the same reasons. 
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Elite Korean schools set their sights on the Ivy League |
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"SEOUL, South Korea — It is 10:30 p.m. and students at the elite Daewon prep school here
are cramming in a study hall that ends a 15-hour school day. A window is propped open so the evening chill can keep them awake. One teenager studies standing upright at his desk to keep from dozing..."
This New York Times article describes a number of Korean high schools which are excelling in sending their graduates to the top universities in the United States. Schools such as the Daewon Foreign Language High School and the Minjok Leadership Academy are showing how a focus on academics and rigorous preparation for the admissions process can produce the right results. 
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You think getting into Harvard is tough? Try the Indian Institutes of Technology! |
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This fascinating article from the Wall Street Journal describes the city of Kota in Rajasthan, India, which draws some 40,000 students to special schools which seek to prepare their students to take the arduous entrance examinations for the Indian Institutes of Technology. One third of the 8,600 students accepted to the IIT's this year passed through Kota (out of 310,000 applicants). The prep school industry in Kota was started by Vinod Kumar Bansal, who started tutoring students in the 1980's and now runs one of the most successful schools, Bansal Classes. See: related slideshow
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Ivy League success stories big news in Asia |
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In 2001, a book called Harvard Girl: Yiting Liu
became an overnight sensation in China. Written by her parents, it
tells the story of then sophomore Liu Yiting’s unusual upbringing as a
future Harvard student, which began when she was only fifteen days old
and involved swimming long distances and holding ice cubes in her bare
hand to toughen her up. By 2006 the book had sold 1.87 million copies.The
autobiographies of successful Harvard applicants are also making a
splash in Korea, where NaNa Keum (a Harvard student and Miss Korea
2003) has published her guide to admissions success “Everyone Can Do
It” and her study guide “NaNa Keum’s Study Diary”. Won Hee Park,
another Korean student at Harvard, has had a hit with his “Nine Points
for Studying, Ten Points for Determination”, which sold 50,000 copies
in the first ten days.
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