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Biggest PhD ClassNovember, 2003 With a shortage of professors at business schools looming worldwide, employers of future MBA graduates should be pleased to hear that a record 29 students entered the Business School's PhD program this fall. Normally, the School enrolls a class of 25 students. Only 35 of 748 applicants were offered admission this year, but more than 80 percent accepted, said Professor Ken Singleton, the incoming director of the PhD program. Several factors may account for the increased acceptance rate, he said. "First, the GSB has an excellent faculty, and aspiring doctoral students are often attracted by the opportunity to work with specific faculty members. We saw this desire expressed in numerous applications this year. "Second, Susan Gutierrez, who recently joined the doctoral office as our fourth staff person, worked with faculty and graduate students to enhance the experiences of our admitted and wait-listed students during Admit Day," when these students are invited to campus to meet with faculty and current students. Admit Day also provides the unusual opportunity for students in all fields to meet with their prospective peers. Finally, in a recent report, the Association to Advance Collegiate Schools of Business predicted a national shortage of more than 2,600 professors for business schools by 2012 unless efforts are made to expand programs. "Many of our graduates are receiving job offers from top universities around the world, a not inconsequential consideration for prospective students in today's difficult job climate," Singleton said. Gutierrez said one of her goals is to make undergraduate counselors more aware of doctoral programs in business schools and of the job market in many fields. |
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