1999 Profile Update
School Statistics
Graduates' Comments
SURVEY DETAILS
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Washington University's Olin School slipped a spot from No. 16 to No. 17 in 1998. On the academic front, grads were pleased by both the school's new grading system and its reworked curriculum. They also enjoyed Olin's intimate environment, which was fostered by an extremely accessible faculty outside of the classroom -- ranked fourth-most approachable in the Top 25.
The placement scene was a different story, however. Despite averaging 3.4 job offers apiece, almost 15% of Wash U's grads were unemployed at cap 'n' gown time -- the highest amount in the Top 25. Meanwhile, of the 61 B-schools BW evaluated, Olin students ranked their school 25th overall for its network connections. In addition, Olin was at the bottom of the elite B-school grouping for its number and quality of recruiting firms. The school's 160 second-years had just 95 firms on campus to choose from. At the end of their two years, grads pulled down average pay packages equaling $97,245 -- the second lowest in the Top 25. However, they did increase their base salaries by an average of 97% over their pre-enrollment levels.
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STRATEGY FOR APPLICANTS
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Like other top schools, Olin looks at objective measures such as GPA and GMAT scores, but also examines your work history, goals, motivation, achievements, and character, not to mention how well you are able to communicate these traits in your application essays and interview. A personal interview is not required, but is strongly encouraged; some 80 percent of admitted applicants in the class of 2000 were interviewed by admissions officers in St. Louis or at MBA Forums around the country. International applicants may interview by telephone. Those who come to campus will be able to attend first-year classes, tour Simon Hall, and lunch with a student host. The school runs a preview weekend at the beginning of February in which Olin programs are discussed in depth.
Olin has five admissions rounds, one a month from December through April; you can expect a reply five to six weeks later. You would do well to apply early, however, as the school has become more selective in recent years -- while nearly half of all applicants were accepted in 1996, just one-third got the nod in 1998. You can apply the old-fashioned way, by requesting a paper application or downloading the form from the school's Web site and mailing it back in, or you can fill it out via computer and submit it electronically.
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CURRICULUM
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Electives available in 1998: 75
New electives in past three years: 48%
The core curriculum was last revised in: 1998
Accelerated MBA program offered?
No
New Courses in Past Three Years
Managerial Control Systems, Investments Praxis, Financial Intermediation, Computational Finance, Cases in Corporate Finance, Mergers and Acquisitions, Derivative Securities, Fixed-Income Securities, Risk Management, Financial Markets, Investments, International Finance, Financial Institutions, Commercial Banking, Investment Banking, The Business Plan &,; Venture Capital Hatchery, Ethical Issues in Managerial Decision Making, Foreign Market Development, C++ for Managerial Applications, Topics and Case Studies in Ethical Decision Making, Strategic Consulting, Enterprise Resource Planning, Effective Managerial Communication, Advanced Managerial Communication, Corporate Strategy, Global Management Studies, Customer Driven New Product Design, Persuasion and consumer Behavior, Consumer Decision Making and Consumer Satisfaction, Contemporary Marketing Channels, Consumer Behavior, Total Quality Schools, Advanced Operations Strategy, Information Technology and Its Impact on the Business, Gaining Competitive Advantage Through Supply Chain Management, Strategic Quality Management, Methods of Quality Management, Operations Management in the Service Industry, Information Systems and Decision Support Tools, Learning to Lead, Leadership Competencies, Negotiation and Conflict Management
Most Popular Electives
Cases in Corporate Finance, Power and Politics in Organizations, Competitive Industry Analysis & Strategy Development, Investment Banking, Leadership Competencies, Options and Futures
Most Popular Professors
Panos Kouvelis, Stacy Jackson, Jeroen Swinkels, Mahendra Gupta, Raj Singh, Rachel Schwartz, Todd Zenger, Ghofu Zhou
Majors or Concentrations Added in Past Three Years
None
Teaching Methods
Lecture: 40%
Case Study: 35%
Experiential Learning Projects, Simulations, Group Projects: 25%
| Full-time faculty members: |
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74 |
| Adjunct or visiting faculty: |
28 |
| Average core class size: |
78 |
| Average elective class size: |
38 |
Laptop computer required?
No
Grading System
A High Pass (no more than 20% granted), Pass, Low Pass, No Pass grading system was approved by the faculty and will be instituted with the class entering Fall '98.
Exchange Programs or International Campuses
University of Paris-Dauphine (France); Koblenz School of Corporate Management (Germany);
Manchester Business School (England); IESA - The Institute for Advanced Studies in Administration (Venezuela)
Best Areas of Study
Finance, International Business, Management & Strategy, Marketing, Operations & Manufacturing Management, Organizational Behavior
Areas School Would Like to Improve
Information Technology
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1998 PLACEMENT
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On-campus recruiters for graduates: 95
On-campus recruiters for first-year internships: 37
On-campus student full-time job interviews: approx. 813
On-campus student internship interviews: 443
Job opportunities posted via the Internet or E-mail: 968
Top Employers/Number of 1998 Hires
| Ernst & Young |
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15 |
| Procter & Gamble |
7 |
| Monsanto |
5 |
| Citibank |
4 |
| PriceWaterhouseCoopers |
4 |
| Anheuser Busch |
3 |
| 3M |
2 |
| Continental |
2 |
| Emerson |
2 |
| Hewlett-Packard |
2 |
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ALUMNI NETWORK
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Number of living alumni: 3,995
Alums who gave to the school during the 1997/98 academic year: 31%
Median alumni gift: $100
Number of alumni clubs: 47
Number of dues-paying members: N/A
Number of staffers devoted to MBA alumni relations: 5
Placement services offered for alumni?
Yes
Description of Alumni Placement Services
The Career Resources Center employs an advisor who is dedicated to serving Olin alumni, helping to arrange conferences with alumni about their career management (free of charge). Job openings are also made available to alumni via the Internet. Other job search information is available on Olinís Web pages.
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1999 Profile Update
School Statistics
Graduates' Comments
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Key Contacts
School Web Site
E-Mail:
mba@mail.olin.wustl.edu
Address:
Olin School of Business
Campus Box 1133
One Brookings Drive
St. Louis, MO 63130-4899
Dean:
Stuart I. Greenbaum
(314) 935-6344
Director of MBA Programs:
Joseph P. Fox
(314) 935-6322
Director of Admissions:
Pamela Wiese
(314) 935-6390
Director of Alumni Relations:
Karen Margo
(314) 935-5238
Director of Financial Aid:
Cindy Gregory
(314) 935-6610
Director of Career Services:
Linda Glassner (acting)
(314) 935-5956
Application Deadlines:
U.S.
December 14, 1988; January 11, 1999; February 15, 1999; March 29, 1999; April 30, 1999
International
December 14, 1988; January 11, 1999; February 15, 1999; March 29, 1999; April 30, 1999
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