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  • 03 Oct
  • 2022

Your go-to-guide to the M7 MBA Programs

 

The M7 business schools, often known as the magical or marvellous seven, are a set of well-known, elite US business schools that are largely regarded as among the best in the world. You’ll be able to pursue top-ranked MBA and master’s programmes at these business schools, have access to leading professors, change your career path, and join outstanding communities of notable alumni, including presidents and CEOs. The M7 business schools are extremely competitive, and exceptional GMAT scores are required to prove your candidacy to the admission panel. MBA graduates from these schools can likewise expect to earn a six-figure salary upon graduation. Find out more about the M7 business schools in this blog if you’re thinking about getting an MBA from these. Let’s begin:

 

The list of M7 business schools?

  1. Harvard Business School
  2. Stanford Graduate School of Business
  3. MIT Sloan School of Management
  4. Northwestern University’s Kellogg School of Management
  5. University of Chicago’s Booth School of Business
  6. Wharton School at the University of Pennsylvania
  7. Columbia Business School

These seven have a long history together; their deans met years ago and created a group to meet and share updates regularly. These discussions eventually expanded beyond the deans to include individuals from their admissions departments, resulting in a regular flow of information and much more. Meetings and discussions include a wide range of topics, including best practises for admittance and reactions to current events that have a direct impact on MBA admissions.

 

A deeper look at each school:

Harvard Business School

Harvard Business School (HBS) founded in 1908 is largely regarded as the best business school in the world. HBS was the first institution in the world to grant a Masters in Business Administration and is the preeminent business school because of its supreme admission standards, exceptional job placement in top organisations in PE, VC, management consulting, technology, healthcare, and other sectors, remarkable roster of alumni in important positions, and outstanding teaching quality. 

    • Average GMAT score: 727
    • Average GPA: 3.70
    • Acceptance Rate: 9.2%
  • Values they look for:

Harvard prefers students that are hardworking, dedicated, exceptional, and have the potential to succeed in the future. They accept students who are passionate, well-rounded, and capable of adjusting to Harvard’s intense academic load. Most importantly, they prefer to admit students who have an intriguing backstory so that they may contribute to the varied student population and teach other students something. Harvard looks for potential in its prospective students when reviewing their applications. All applicants are evaluated holistically by programme admissions committees, who take into account their previous educational accomplishments as well as the contributions they can offer to the academic world and their field of study. 

Stanford Graduate School of Business

The Stanford Graduate School of Business (GSB) in this group is a top business school with specialties in venture capital, entrepreneurship, and social impact. Stanford GSB is the most selective business school in the world. Stanford is extremely competitive for undergrads: the acceptance rate is currently about 8%, making it one of the lowest in the country. This indicates that only eight applications out of every hundred are accepted. Making it extremely difficult for the candidates to succeed. But it is totally worth it! Most national university rankings place Stanford University in the top ten, if not the top five.

    • Stanford GSB Average GMAT score: 733
    • Stanford GSB Average GPA: 3.80
    • Stanford GSB Acceptance Rate: 8.9%
  • Values they look for:

Stanford attracts thousands of applicants each year as a top-tier MBA program. Stanford looks for three primary attributes when considering prospects for admission: Academic Excellence, Intellectual Vitality and Extracurricular Activities. 

  • They are looking for evidence of your preparedness and ability to succeed. They want you to push yourself academically throughout high school and to excel. Your high school transcript is the most crucial document for analysing your academic performance.
  • Stanford wants to see your passion, dedication, and genuine desire in broadening your intellectual horizons.They want the kind of interest and energy for the learnings that course provides. We want to see how much energy and dedication you’ll put into your projects.
  • Stanford says that they can better understand your contributions to the Stanford community through your extracurricular activities and nonacademic interests. Do not forget to make enough time for community service and your hobbies! MBA programs do not actually just want scores, they want all-rounders!

MIT Sloan School of Management

MIT Sloan was created in 1914 in Cambridge, Massachusetts. There are many possibilities for MBA students to learn at the interface of business and technology because the school is affiliated with MIT. It has also produced a number of well-known and remarkable alumni, including Ghanaian diplomat Kofi Annan, former Hewlett Packard CEO Carly Fiorina, and former New York Stock Exchange Chairman John S Reed. The MIT batch is taught how to create dependable solutions that can withstand uncertainty, ambiguity, and change. And they like the process of learning. Surely, the school wants leaders, but only in the sense that they want “anti-leaders” – those who become leaders organically by bringing others along on their quest to solve a wicked problem. The MIT MBA is based on two intertwined concepts: invention, which entails originality and agility, and data-driven analysis, which entails rigour and impartiality. These ideas are in line with those of the MIT university as a whole. 

    • MIT Sloan Average GMAT score: N/A [727 in 2020]
    • MIT Sloan Average GPA: N/A [3.58 in 2020]
    • MIT Sloan Acceptance Rate: 14.6%
  • What MIT Sloan is looking for in applicants:

MIT is looking for students who are willing to follow the program, even if it contradicts their personal inclinations or assumptions. MIT is also looking for persons with both vision and practical expertise and who are analytical and creative. However, even if your style is more creative and visionary, you should still have a track record of tangible effect and accomplishment. Curiosity and collaboration are, of course, desired in such a programme.

 

Kellogg School of Management

Northwestern University’s Kellogg School of Management is a business school founded in 1908. It is a global leader in management education, known for its unique thought leadership and forward-thinking learning style. The Kellogg MBA programme, despite being frequently regarded as the best in marketing, has the strength and clout to send students into a wide range of businesses and functions after graduation. The collaborative culture and multidisciplinary approach to management education are praised by students. If you’re seeking a business school with smart yet gracious peers, world-class facilities, and a track record of excellent pay and placement, go no further because this is the right place for you. Kellogg is one of the few business schools that truly embodies the concepts of collaboration and teamwork.

  • Kellogg Average GMAT score: 727
  • Kellogg Average GPA: 3.6
  • Kellogg Acceptance Rate: 27.9%
  • What Kellogg is looking for in applicants: 

According to Kellogg’s website, candidates are judged on their academic ability, individual personality, motivation, leadership skills, communication skills, career performance, and organization engagement. These are very standard across any MBA programme, while the phrase motivation refers to Kellogg’s preference for candidates who genuinely care about the school and have clear, well-thought-out reasons for applying. Given the importance of culture in the Kellogg MBA programme, this is a distinctive, but not unexpected, feature for the admissions committee to highlight. 

Chicago Booth

The University of Chicago’s Booth School of Business was founded in 1898 and is the country’s second oldest business school. In the Economic Sciences, it has been linked to 9 Nobel Laureates. Susan Wagner, a finance professional, James L Kilts, the former CEO of The Gillette Company, and Satya Nadella, the CEO of Microsoft, are among its most well-known alumni. Because of Booth’s flexibility, students can customise their own learning programme to their specific needs, putting the onus on them to figure out what they require. Although students are not required to choose a major, many do. Booth offers a diverse range of majors, including both familiar ones like “Accounting” and “Marketing Strategy,” as well as less common ones like “Behavioral Science” and “Econometrics and Statistics.” 

  • Chicago Booth Average GMAT score: 724
  • Chicago Booth Average GPA: 3.56
  • Chicago Booth Acceptance Rate: 27.6%
  • What Booth is looking for in applicants: 

Because of the program’s flexibility, Booth is looking for people with the self-awareness, critical thinking abilities, and resourcefulness to get the most out of it and put it to good use. Because the programme places a premium on ideas, it seeks individuals who will go beyond practical vocational training to explore different ideas, areas, and professions, as well as intellectually push themselves. 

The Wharton School

Joseph Wharton, an American businessman and industrialist, founded the University of Pennsylvania, the world’s first undergraduate business school, in 1881. The Wharton School has a long history of developing visionary business leaders in academia, industry, government, and non-profit organisations. Wharton has since broadened its mission to become the world’s most complete provider of business knowledge. The University of Pennsylvania is known as the “birthplace of contemporary business education.” Wharton is the first collegiate business school in the United States and an M7 group of top MBA programs. 

    • Wharton Average GMAT score: N/A [732 in 2020]
    • Wharton Average GPA: N/A [3.61 in 2020]
    • Wharton Acceptance Rate: 23.1%
  • What Wharton is looking for in applicants: 

Wharton attracts thousands of applicants each year as a top-tier MBA program. Wharton looks for three primary attributes when considering prospects for admission, according to people’s experiences: influential leadership, excellent analytical skills, and the capacity to collaborate. 

  • Wharton will draw on your examples of effective leadership from projects and initiatives you have led both at work and in your recreational activities.
  • Wharton evaluates a candidate’s analytical and quantitative skills in various methods, including undergraduate GPA, GMAT/GRE score, and commercial work experience, equivalent to other top-tier MBA programs. 
  • Wharton not only wants to see how you’ve collaborated with people in the past, but they also want to see how you collaborate in a real-world, team-based context during the group interview.

Columbia Business School

Columbia Business School was established in 1916, thanks to a substantial donation from banking entrepreneur Emerson McMillin. The inaugural class of 61 students, which included eight women, was taught by eleven faculty members. The School has changed over the last 100 years to keep up with the ever-changing business environment. Columbia Business School, based in New York City, provides its varied and entrepreneurial students with daily access to key industry leaders. The global alumni network continues to expand and influence change. In the Financial Times’ Global MBA Rankings, CBS was placed ninth, while in the QS Global MBA Rankings, it was ranked tenth. It was ranked seventh on Forbes’ list of the Best US Business Schools and sixth on US News’ list of the Best Business Schools in the United States.

    • BS Average GMAT Score: 732
    • CBS Average GPA: 3.60
    • CBS Acceptance Rate: 13.6%
  • What Columbia Business School is looking for in applicants: 

Columbia Business School attracts intellectually motivated students from a variety of educational, economic, social, cultural, and geographic backgrounds. While the student body is diverse, there are some characteristics that students share, such as excellent leadership skills, a track record of performance, and the ability to work in groups. Some main qualities are:

  • Entrepreneurial mindset
  • Team leadership
  • Social intelligence
  • Community leadership
  • Integrity
  • Analytical ability

 

If you plan to pursue your MBA from abroad, MentorMpact provides the best guidance you can ever get! MentorMpact works with the students and for the students. We value your trust in us, and we creatively partner with you to accomplish your dream school admission. Our approach resonates with proper mentorship. And we ensure the best for our clients. For more information, visit MentorMpact.