[bjc]

A key selection criteria for entry into Harvard's MBA program, assuming reasonable GMAT scores and academic record, is reported to be: Will this person be highly successful if he or she does not come to Harvard or an equivalent program? If "no" reject him or her. If "yes" accept the person. This very cynical criteria makes sense for building Harvard's reputation and endownment, even if it exposes the limited value-added and ROI of a Harvard MBA. Applying this criteria, Harvard would have gladly taken Mr. Kaufmann's money!

[SeekAndFind]

RE: A key selection criteria for entry into Harvard’s MBA program, assuming reasonable GMAT scores and academic record, is reported to be: Will this person be highly successful if he or she does not come to Harvard or an equivalent program? If “no” reject him or her. If “yes” accept the person.

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Something interesting I read the other day...

DE Shaw used to be one of the most successful hedge funds on Wall Street. They recently laid off 10% of their workforce (a lot of them Ivy League grads were very highly paid).

REASON : Poor business and huge redemptions from investors who were losing money after the 2008 meltdown.

During the boom years, DE Shaw used to place hiring ads like : “Only Ivy League Graduates need apply.”