Business Programs

Work Experience and the College Admissions Process

 

  •  Present any work experience on your application proudly
  •  For potential undergraduate business majors, all work experience is applicable

“All work experience—even if it’s working in a convenience store—is life experience and involves responsibility. We value all of it…”  Karl Furstenberg, Dartmouth College (How to Get Into the Top Colleges, Richard Montauk and Krista Klein, Prentice Hall, New York, p. 282)

If you have gained any kind of work experience over your high school years, broadcast it across all you applications proudly. Why wouldn’t you? Even if, as mentioned above, it is a menial job, it shows that you understand how to sell your service to others, have discipline, time management skills, a solid work ethic, and have learned something about the real world, working with people and solving—in some form or another—real world problems. Few schools discount such efforts; Dartmouth, we know, lauds them.

You should be even more emphatic about highlighting your work experience if you plan to major in an undergraduate business program, and a lot of students are: business degrees represented over a fifth of baccalaureates awarded last year. Among the colleges that should be pleased to note your work experience (even if you’re mechanically clicking away at a register in an In-N-Out Burger) include Wharton, Emory, UC Berkeley, NYU Stern(even though the last three don’t admit undergraduates into their business programs till junior year) Notre Dame, Lehigh or Babson…

Not to belabor the point, but how in the world could anyone dream of studying business as an undergraduate without work experience? How could you begin to understand marketing, operations, accounting, let alone finance or management, without at least a passing familiarity with how the world of work operates on a first hand basis? It’s comparable to wanting to be pre-med without ever having shadowed a doctor, participated in any sort of scientific research, or worked in some capacity in a hospital. Familiarity and practice usually spark true interest; rarely is interest spontaneous. If there is no connection between what an applicant claims of interest and prior pursuits—it will be hard for the admissions office to find such an applicant credible—and that is the death knell for any application.

For the high stakes applicant wishing admission into a highly selective school, there might be some hesitation if a work experience doesn’t hint of opportunities for personal growth. Then, however, the question becomes how many work experiences for high school students allow for growth and development once basic skills have been mastered, or avail them with contacts for future job prospects in a field of interest?  Not many such positions exist unless your friends or family are extremely well connected.  There are exorbitantly expensive internships that might avail an applicant some seemingly unique opportunities, such as a two-week micro finance project in Bangladesh, but many admissions offices will see them for what they are: parent financed and packaged college essay fodder.

Obviously, if you must work to support yourself and your family, then there isn’t a college in the world that will not acknowledge your situation and respect your efforts, regardless of whatever major you’re planning to declare. Moreover, if you’re working substantial hours, colleges will not expect to see much extracurricular activity on the application.  The one thing, however, that you might try to do, in whatever job you have, is to see if you can gain any position of leadership. Even if you’re working at a MacDonald’s, possibly you can assist with scheduling, or close the restaurant, or help train. Rising from within the ranks indicates discipline, promise, and drive. Every college wants that type of person in its class.

Most jobs, certainly most jobs available to most high school students, will not be stepping stones for becoming the Chairman of Google, or even Yahoo. Most are tedious, dull, repetitive, or mind-numbing experiences. Honestly, even among the most dynamic adults, much of their work is dull and, at times, wearisome, but it must be performed and performed well—that’s why it's work. Don’t be afraid to mention your work experience on any of your applications accurately and honestly. It shows your character better than many essays and most recommendations ever will.

 

학에 미치는 일한 경험 

  • 어떤 일이든 자랑스럽게 제시하라.
  • 비즈니스를 전공한다면 필수이다.

 “일한 모든 경험-편의점에서 일했을지라도-은 인생경험이며, 책임감을 동반한다.  그러므로 우리학교는 높이 평가한다….”고 Dartmouth 대학의 Karl Furstenberg는 말한다(How to Get Into the Top Colleges, Richard Montauk and Krista Klein, Prentice Hall, New York, p. 282).     

여러분이 만약 고교 때 일한 경험이 있다면, 자랑스럽게 쓰길 바란다.  위에서도 언급했지만, 어떤 하찮은 일이라도, 다른 사람에게 서비스를 제공해야 하며, 훈련이 필요하며, 시간조절과 직업윤리와 실세계에서 무엇인가는 배웠으며, 사람과 더불어 일하면서 크고 작은 문제를 해결하려 애썼다는 것을 보여준다.  어떤 대학도 이런 노력을 경시하지 않으며, Dartmouth에서는 찬양을 보낸다.

만약 여러분이 비즈니스 전공을 하려 한다면, 일한 경험을 더 두드러지게 강조해야 한다.  많은 학생들이 그렇게 하고 있다.  작년 학사학위의 1/5가 비즈니스 전공이었다.  각 대학들은 여러분의 일한 경험을 높이 평가한다(비록 In-N-Out Burger의 계산대에서 계산만 했을지라도).  Wharton, Emory, UC Berkeley, NYU 대학들(물론 열거중 세 대학은 3학년까지 비즈니스 프로그램을 받지 않지만), 그리고 Notre Dame, Lehigh, Babson….등.

말할 필요도 없이, 세상 경험이 없으면서 어떻게 대학에서 비즈니스를 공부할 수 있겠는가?  일의 세계가 어떻게 돌아가는지 모르고서 파이낸스와 경영은 제쳐두고, 어떻게 마케팅, 운영, 회계를 이해할 수 있겠는가?  정말 새도우 닥터나 과학 리서치, 또는 병원에서의 경험없이 의과공부를 하겠다는 것과 비교할 수 있다.  친숙함과 실습은 진정한 흥미에서 온다; 아니면 즉흥적인 관심일 뿐이다.  응시생의 흥미와 이전의 관심사에 연결고리가 없다면, 입학심사관은 입시생을 믿기가 어렵고 떨어뜨릴 수 밖에 없다.

명문대를 지망하는 뛰어난 응시생들은 일 경험이 개인적인 성장의 기회를 줄 수 있을지를 망설인다.  이 질문은 고교생의 얼마나 많은 일 경험이 기초기술을 닦게하고 더 나아가 이 분야에서 미래의 직업과 관련이 될 것인가? 이다.  정말 친구관계나 가족과 연관되지 않다면, 그리 많은 자리가 없다.  과도한 비용이 드는 인턴쉽은 독특하게 보이지만, 많은 입학심사관은 부모의 재정으로 꾸려진 대학에세이 용도인 것을 눈치챈다.

분명한 점은 여러분이 자신과 가족을 돕기 위해 일할 수 밖에 없었다는 점이다.  그럴 때 전공과 상관없이 여러분의 형편을 고려하지 않고 여러분의 노력을 존경하지 않는 대학은 없다.  더욱이, 상당한 시간을 일을 했다면, 대학은 많은 특활을 기대하지 않는다.  한가지 고려할 점은 어떤 일을 했든 리더쉽을 배울 수 있는 지이다.  맥도날드에서 일을 해도 시간표 짜기, 가게 문닫기, 트레인시키기 등에서 훈련, 약속, 지속을 배우는 것이다.  모든 대학이 이런 사람을 원한다.

고교생에게 가능한 대부분의 많은 일들이 Google이나 Yahoo의 사장이 되는 첫걸음은 아닐 것이다.  대부분의 일은 지루하고 재미없고 반복적이고 머리가 필요없는 경험이다.  솔직히 말해서 어른이 하는 대부분의 직업도 재미없고 피곤할 뿐이지만, 이 일이 필요하고 이루어져야한다-즉 직업의 원리이다.  여러분이 일한 것을 정확하게 정직하게 표현하는 것을 겁낼 필요없다.  이것은 에세이나 추천장보다 더 많이 여러분을 설명해줄 수 있다. 

Majors and Salaries: the Economic Value of a Major

Majors and Salaries: the Economic Value of a Major

A new study about the earning power of recent undergraduates was just published by Georgetown University’s Center on Education and the Workforce: “What’s it Worth? The Economic Value of College Majors”. The study can be found complete at: http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/whatsitworth-complete.pdf.  

Undergraduate Business Programs

 

  • Bloomberg Business Week research various programs
  • Concerns undergraduate business program
  • Babson College-an eminent program in Needham, MA

 Economic realities, particularly high unemployment rates and skyrocketing college costs, are encouraging many students to consider studying business administration as undergraduates. Back in 1968, about 13% of Bachelor degrees awarded were in business.  This made business the third most popular major at the time. By 2008, more than one out of every five Bachelor degrees awarded were in business, making it, by far, the most popular undergraduate major.

Popularity of this scope tends to attract ever larger audiences of students to it. A good place to gain a better sense of what a business degree entails, and which programs are the best is the Bloomberg/Business Week’s site on the Top Undergraduate Business Programs, http://www.businessweek.com/interactive_reports/bschools_undergraduate_10rankings.html. Just to defuse the suspense, this year’s top business program was Notre Dame’s Mendoza School of Business. Besides the ranking, you’ll also find a lot of information about the various programs including the program’s length, the recruiter survey of the school (these are the people that interview the school’s business candidates for possible employment), teaching quality, median starting salary of graduates…all told there are 18 criteria to consider and weigh.

What I like even more about this site is it also has in depth reviews on each of the programs,  http://www.businessweek.com/bschools/rankings/?chan=magazine+channel_special+report . At this link you can find out detailed admissions requirements, academic requirements of the program, Alumni career information, and even graduate comments. There is a lot of information to compare and contrast. This is a good site to really delve into and learn from.

While Business Week’s listings might whet your appetite for starting to explore the world of undergraduate business schools, a recent book by Andrew Hacker and Claudia Dreifus, Higher Education? How Colleges are Wasting our Money and Failing our Kids, raises a number of concerns about such vocational training becoming ever more entrenched in our colleges and universities. One of their first concerns is who is actually teaching business courses to undergraduates? It appears that many schools, including Wharton, prefer faculty with PhDs over actual hands-on business men or women. Business, by its very nature, is practical and hands on; just how effective can an academic with little applied business experience be?  Then there is the question about what these teachers will teach.  Many business teachers use case studies involving corporate strategy, which leads to the next concern about undergraduate business coursework: how many students will be able to apply such material to their first jobs in business?  A truly provocative argument arises from the fact that the chief executive of Costco majored in sociology; the head of Goldman Sachs, English; and the chairmen of IBM, Proctor & Gamble, Union Pacific and Wyeth all majored in history.  Are the liberal arts really passé and antiquated, or merely misunderstood? 

Despite that dose of reality, it still might be worth your while to preview one of the top business programs in the country at Babson College in Massachusetts, ranked number 17 on the Bloomberg Business Week 2010 listing. Babson, a school with only 1,800 undergraduates, all of whom graduate with a BA in business, mixes liberal arts and business coursework into what it calls a “practical business education.” During freshman year, all students take Foundations of Management and Entrepreneurship (FME).  In this course students learn to start and run (and eventually) liquidate a business (with all profits destined to charity). Additionally, many of the classes are actually headed up by influential business leaders: CEOs, CFOs, and other executives, which directly, at least at Babson, contends with the Higher Education claim that business schools prefer academics to real business people.

Once again a lot of details and comparisons of Babson’s program can be discovered and made on the Bloomberg Business Week site. The key to this or any business program for that matter, is not necessarily the campus, the curriculum, or even the teachers, but the commitment, curiosity and dedication of the students to just get down to business. A lot of ideas, and even more sweat, might just be the place where your business acumen is sparked.

학부 경영학 프로그램

  • Bloomberg Business Week: 리서치에 훌륭한 싸이트
  • Babson College: Needham, MA 있는 뛰어난 경영학 학부 프로그램의 대학

 경제 현실, 높은 실업률, 엄청난 대학 교육비를 생각할 때, 많은 학생들은 학부에서 경영학을 전공하고 싶어한다.  1968년에는 대학생의 약 13%가 경영학도 이었으며, 경영학은 세번째로 인기있는 학과였다.  2008년에는 5명 중 한 명 이상이 경영학도이며, 현재까지 가장 있기있는 전공이다.

경영학의 인기는 더욱 많은 학생들을 끌고 있다.  경영학에 대해 더 알아보고자 하면, Bloomberg/Business Week’s Top Undergraduate Business Programs, http://www.businessweek.com/interactive_reports/bschools_undergraduate_10rankings.html.  에서 어떤 프로그램이 가장 좋은지를 파악할 수 있다.  미리 알려 준다면, Notre Dame’s Mendoza School of Business 이다.  순위뿐만 아니라, 프로그램의 길이, 리쿠르터(직원을 뽑고자 인터뷰를 하는 사람들)의 설문조사, 교육의 질, 졸업생의 평균 연봉…18가지의 기준 사항들을 알 수 있다.

필자는 무엇보다 이 싸이트의 깊이 있는 조사를 강조하고 싶다.  http://www.businessweek.com/bschools/rankings/?chan=magazine+channel_special+report .  이 링크에서는 입학요건들, 학업 요구조건, 졸업생 정보, 졸업생들의 설명까지 담고 있다.  또한 비교 분석할 수 있는 많은 정보들이 있다.  이곳에서 깊이 있는 써치로 많은 것을 배울 수 있다.

Business Week 보다 더 많은 것을 알고 싶다면,  Andrew Hacker and Claudia Dreifus의 Higher Education? How Colleges are Wasting out Money and Failing out Kids를 권한다.  이 저서는 대학에서의 직업교육의 실체와 문제점을 제시하고 있다.  먼저, 대학의 경영학을 누가 가르치는가?  Wharton을 비롯한 많은 대학들이 실질적 비즈니스 men/women 이 아닌 박사학위를 가진 학자를 선호한다는 점이다.  경영이란 본질적으로 실용학문이다.  학위만 가진 실용성이 떨어지는 교육이 얼마나  효과적이겠는가?  다음, 이런 교수들이 무엇을 가르치는가?  많은 교수들은 회사 전력을 비롯한 cast study를 하면서, 학과수업에는 등한히 한다.  얼마나 많은 학생들이 졸업 후 첫 직장에서 이 공부를 적용하겠는가?  실제적인 예로서 Costco의 CEO는 사회학; Goldman Sachs 회장은 영어; IBM, Proctor&Gamble, Union Pacific and Wyeth 회장들은 모두 역사를 전공했다.  인문과학이 유행이 지났다고 할 수 있겠는가?

다음으로Babson College in Massachusetts대학을 the Bloomberg Business Week 2010 에서 17위를 기록함을 살펴볼 가치가 있다.  Babson 대학은 1,800명의 학부생 중에서 인문학과 경영학 과목들을 “practical business education’ 일환으로 같이 수강한다.  1학년 때는 모든 학생들이 Foundations of Management and Entrepreneurship(FME)를 수강한다.  이 과목에서 사업의 시작과 운영, 그리고 처분하거나 헌납하는 것을 배운다.  또한 많은 과목들이 실제로 CEO, CFO 회사대표들에 의해 이루어 진다.  이런 면에서 Babson 은 적어도 Higher Education?에서 지적한 실제 사업가를 선호하고 있다.

Babson 대학에 대한 여러가지 자세한 정보와 비교를 Bloomberg Business Week 싸이트에서 알 수 있다.  결론적으로 경영학은 캠퍼스, 커리큘럼, 교수의 문제가 아니라 헌신, 호기심, 비즈니스에 임하는 자세이다.  많은 사고와 더 많은 땀만이 여러분의 비즈니스 능력을 밝힐 것이다.