Crain's New York - April 29, 2013 - (Page 14)

THE LIST NY Area’s Largest M.B.A. Programs NEXT WEEK: Top minorityowned companies Ranked by total enrollment THE SCOOP TRENDS ne place where more women are starting to “lean in” is at local M.B.A. programs. The 25 schools on Crain’s list of the largest New York area M.B.A. programs reported an average of 45.4% women in 2012, compared with 42.8% in the previous year. Just six of the schools reported a decline in the percentage of female students. At Columbia Business School (No. 2), the percentage of women increased slightly, to 38% in the fall of 2012, from 35% the previous year. One program helping drive this growth is Columbia Women in Business, a student-led group that helps women build relationships through networking opportunities. Every year, the group hosts a conference that features panel and recruiting opportunities designed for women. “Women are thinking about their ability to increase their earning potential and advance in their careers,” said Amanda Carlson, assistant dean at Columbia.“An M.B.A. is certainly something that will afford them flexibility down the road.” Statewide, the number of women taking GMAT tests increased to 7,312 in 2012 from 6,884 in 2008, according to the Graduate Management Admission Council. Women tend to use their degrees for careers in health care, marketing and retail, while male business-school graduates typically shift toward accounting and finance jobs. One area that both genders are gravitating toward is entrepreneurship. As the local startup community continues to grow, more M.B.A. students are drifting away from Wall Street and toward Silicon Alley. (See story, Page 13.) Monroe College’s King Graduate School (No.16) introduced an entrepreneurship track in the fall of 2012. At the end of the program, each student has to create a business plan. During its launch year, there were nine students on the track. Some 120 King alumni have gone on to start their own businesses. “It’s become a major focus within the last year or so,” said Michael Marinaccio, the dean of King Graduate School.“We’re seeing the students come in at the undergraduate and graduate levels with an interest in starting a —emily laermer business.” The breakdown Most selective M.B.A. programs Top intended study concentrations selected by residents of New York state on GMAT exam in testing year 2012 Lowest 2012 acceptance rates 970 Entrepreneurship 941 Source: Graduate Management Admission Council 46% buck ennis General management 44% Pace University’s Lubin School of Business (No. 9) 1,206 32% Rutgers Business School Newark & New Brunswick (No. 4) Marketing 21% Adelphi University’s Robert B. Willumstad School of Business (No. 10) 2,612 16% Columbia Business School (No. 2) 2,909 Accounting # !% New York University’s Leonard N. Stern School of Business (No. 1) Finance Top 2012 average GMAT scores Rise of the women Local M.B.A. programs with the largest percentages of women Monroe College’s King Graduate School (No. 16) 67% Touro College’s Graduate School of Business (No. 21) 65% Mercy College’s School of Business (No. 19) 59% New York University’s Leonard N. Stern School of Business (No. 1) 720 Columbia Business School (No. 2) 715 Rutgers Business School Newark & New Brunswick (No. 4) 643 St. Joseph College’s Long Island Campus (No. 25) 56% istock O % Fordham University’s Graduate School of Business Administration (No. 7) Adelphi’s Robert B. Willumstad School of Business (No. 10) 49% Stony Brook University’s College of Business (No. 13) ! ! % ;. %" %$ #.92 2:.92 #6;Table of Contents for the Digital Edition of Crain's New York - April 29, 2013 IN THE BOROUGHS
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Crain's New York - April 29, 2013