Reflections from the Assistant Dean: The Value of a Graduate Business Degree

As we “zoom” into 2021 (literally and figuratively), I wanted to take a few minutes to reflect on the past few months and also illuminate the road ahead for candidates who are preparing for graduate business school. Although the global pandemic has changed so many aspects of our lives (some temporarily and others permanently), the value and ROI of a Simon graduate business degree remains unchanged. 

  • Throughout the Fall 2020 and Spring 2021 semesters, we have operated in a hybrid learning model with a combination of on-campus and virtual classes and have hosted programming that prioritizes the health and safety of everyone at Simon while creating connections within the community.

  • Despite some challenges in the economy, the hiring outlook for many corporate partners is stable (and in some cases even growing) with 2020 MBA salaries higher than in 2019 and employment rates comparable to the prior year. It’s clear that companies desire candidates with a STEM-designated degree who possess an analytical mindset, along with the management and leadership skills to add immediate value to their organizations.

  • Our commitment to the importance of equity, diversity, and inclusion (EDI) remains unwavering—beginning with joining The Consortium for Graduate Study in Management more than 50 years ago—through present day, where we hold the No. 1 spot for the diversity of our student body among the top-50 business schools as ranked by U.S. News & World Report.

  • The Economist ranked Simon No. 25 overall and No. 16 in the US among the world’s top full-time MBA programs. Simon was also ranked No. 3 for percentage increase on pre-MBA salary, which is an excellent indicator of the return on investment your degree from Simon will provide. In addition, our faculty teach and our staff support across all programs, so MBA rankings are a strong signal of the value you can expect while studying at Simon—no matter which degree you pursue.

I can personally attest to the ROI a graduate business degree from Simon offers. My time at Simon spans more than twenty years of my career and also includes pursuing my MBA along the way. In two weeks I will transition to an expanded role, where I will oversee admissions for all full-time and part-time programs, along with the Office of Student Engagement, the Benet Career Management Center, and our school’s Equity, Diversity, and Inclusion efforts. I look forward to working to further build on our existing strengths as we invest in the student experience (international immersions, experiential learning, student clubs and organizations, leadership, and more) and partner with our students to achieve their career goals. 

My Simon degree has given me the tools I’ve needed to be successful at every stage in my career, and I’m confident it will do the same for you. Now is an amazing time to apply to Simon Business School. In fact, if you apply by our Round 3 deadline on February 15 at 11:59 p.m. EST, your application fee will be reduced to $50 (originally $90)!

We look forward to supporting you throughout the admissions process—don’t hesitate to reach out to the Admissions team with any questions you have.

Simon MBA Ranked Most Diverse Among the U.S. News Top 50 Business Schools

In a major milestone for a school already renowned for its commitment to diversity, equity, inclusion and access, U.S. News & World Report has announced that among the 2020 full-time MBA programs ranked within the top 50, Simon is the most diverse MBA program (No. 1) in a list of highly-ranked public and private business schools. The term “most diverse” is defined by the percentage of African American, Black, Hispanic American, and Native American students enrolled in our Full-time MBA program last year. You can find more information here.

Simon Business School not only boasts a diverse student profile; an essential part of our mission is to foster diversity of thought throughout our wide breadth of curricular and co-curricular activities in order to help develop their students into global business leaders. The full-time MBA Class of 2022 hails from 19 different countries; 46% of its domestic students are from historically underrepresented groups, and 42% of its full-time MBA students are women.

Simon’s commitment to diversity, equity, and inclusion has been long-standing. In 1968, we were one of the first schools to join The Consortium for Graduate Study in Management, which promotes diversity among American businesses. We also partner with other organizations supporting students from traditionally underrepresented communities, including Prospanica, Forté, Management Leadership for Tomorrow (MLT), and ROMBA, to name a few.

Sevin Yeltekin, dean of Simon Business School, noted that “it is encouraging to see an acknowledgment of our efforts by an objective third party such as U.S. News. As Black History Month [begins], this recognition is even more meaningful. It’s also an excellent opportunity to heighten the conversation on this critical issue.”

Diversity, equity, and inclusion are values deeply rooted in Simon’s identity and are a core part of the school’s guiding principles. Dean Yeltekin adds, “While we celebrate this important milestone by U.S. News, we also recognize the work and commitment required to make our school, community, and workplace ever better.”

The Economist Ranks the Simon MBA No. 25 Overall, No. 16 in the US

We are very pleased to share the following very exciting news with you: The Economist ranked Simon No. 25 overall and No. 16 in the US among the world’s top full-time MBA programs. Simon was also ranked No. 3 for percentage increase on pre-MBA salary, which is an excellent indicator of the return on investment your degree from Simon will provide.

If you’re interested in one of our MS programs, it is important to note that our faculty teach and our staff support across all programs, and our MBA rankings are a strong signal of the value you can expect while studying at Simon—no matter which degree you pursue.

The past year has been challenging, and The Economist ranking is an opportunity to celebrate the hard work and success of the students, faculty, and staff at Simon. We seek to continue our momentum by recruiting top students to our programs and providing a premier graduate school experience. Our ultimate goal is the success of all our graduates, and this goal is at the heart of everything we do.

Where will Simon take you? Apply now to find out. Remember, if you apply by our Round 3 – February 15 deadline, your application fee will be reduced to $50 (originally $90).

If you have any questions, don’t hesitate to reach out to the Admissions team.

A Glimpse of My Life as an MSBA Student – Nodi Bui ’21

The following post was written by Ngoc Diep “Nodi” Bui, a current MS in Business Analytics in the Class of 2021

After finishing my undergraduate degree in Missouri, I moved to Rochester to attend the MS in Business Analytics program at Simon. COVID has made everything abnormal this year, yet my life at Simon has been very productive and exciting. Despite the whirlwind of activities and deliverables, I manage to keep it under control by always planning ahead and checking my online calendar regularly.

Here is a snapshot of what a typical Tuesday looked like during the Fall B term:

7:00 a.m.: My typical morning starts at 7 a.m. I wake up, shower, and have breakfast. I often go for a quick smoothie as I don’t often have big breakfast, yet I do need to give myself energy to start a busy day!

8:00 a.m.: Take the bus to Simon. I live in Southside Living Area, an undergraduate apartment. I work part-time for the University of Rochester Residential Life Office as a graduate assistant. As I supervise the resident advisors at Southside, I am assigned to live in the area. It’s about 20 minutes by foot from Simon; during the winter, I often take the bus, which typically takes 10–15 minutes.

8:15 a.m.: Stop by Starbucks on my way to Simon to get a cup of coffee.

8:30 a.m.: Attend my Analytics Design and Application class.

10:00 a.m.: Have a 20-minute break between classes. I often use this time to talk to my classmates.

10:20 a.m.: Attend my Predictive and Causal Analytics in R class.

12:00 p.m: Weekly meeting with the Simon Admissions Committee. My second part-time job is as a Simon Admissions Committee ambassador. The Committee meets up weekly for updates on admission rounds, application reading, and interviews.

1:00 p.m.: Meet with the Pricing Club Executive Board. I am the MS representative in the Pricing Club, and we meet up every week to discuss plans for upcoming plans.

2:00 p.m.: Lunch Break! I typically have lunch at noon, yet Tuesday is busier than usual, so I have lunch quite late. I often get food at the Pit, one of the University of Rochester’s dining halls.

3:00 p.m.: Meet up with my teammates (pictured), to work on our current case for Analytics Design and Application focusing on conjoint analysis. In between our meeting, we often take a 15-minute break for coffee and a snack.

5:30 p.m.: Work out at the campus fitness center.

6:30 p.m.: Take the bus back to my apartment.

7:45 p.m.: Make beef noodle soup for dinner. I often eat dinner while watching Netflix.

8:30 p.m.: Do my homework and prepare for the two classes I have on Wednesdays: Data Management and Professional Communications.

10:30 p.m.: FaceTime with my family in Vietnam. Because of my job as the Residential Life graduate assistant, I do not have any roommates, so talking on the phone with my family or my undergraduate friends in Missouri every night gives me company.

11:00 p.m.: Pack my backpack and get ready for bed.

Ever since I started the MSBA program, my schedule is busier than ever. With four classes, two part-time jobs, club activities, and networking, my weekdays are packed. As much as I like hanging out with my friends during the weekend, I cannot do it this year because of COVID. However, we do get together virtually during the weekend to bond and play board games. Even though the program is intensive, and my schedule is always busy, the learning process—both in and out of class—is fulfilling and worthwhile.