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Clear Admit School Guide: Cambridge Judge Business School

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Clear Admit School Guide: Cambridge Judge Business School Cambridge Judge Business School About This Guide The Clear Admit team has prepared this reference guide to the Cambridge Judge Business School (“Cambridge Judge”) to as- sist you in your research of this program. Our comments are designed to be of use to individuals in all stages of the admis- sions process, providing information relevant to those who are determining whether to apply to this program, looking for in-depth information for a planned application to Cambridge Judge, preparing for an interview or deciding whether to at- tend. The guide is unique in that it not only addresses many aspects of life as an Cambridge Judge MBA student and alumnus, covering school-specific programs in depth, but also compares Cambridge Judge to other leading business schools across a range of criteria based on data from the schools, the scholarly and popular presses, and Clear Admit’s conversations with current MBA students, alumni, faculty and school administra- tors. We have normalized the data offered by each business school to allow for easy side-by-side comparisons of multiple programs. www.clearadmit.com © 2006-2014 Clear Admit, LLC. All rights reserved. Applying to business school? Learn more from Clear Admit! The Leading Independent Resource for Top-tier MBA Candidates Visit our website: www.clearadmit.com Stay up-to-date with the latest news on the world’s best business schools and sharpen your approach to your applications with insider advice on MBA admissions Want this information--and more exclusive content--delivered straight to your inbox? Sign up for our Newsletter Check out our unique offerings to guide you through every step of the admissions process... Publications Live Wire Interview Archive From a school’s curriculum Track the ebb and flow of Receive an invitation for an to universal admissions decisions with interview? We have col- b-school Live Wire: application re- lected thousands of in- strategy, sults in real time, submitted terview reports from MBA each of our by site visitors. candidates. Sort reports by publica- school and know what to tions series expect in your admissions provide a interview. centralized source of informa- tion that is crucial to an effective application. ...and come find us on social media Table of Contents | v Applying to business school? Learn more from Clear Admit! Contents 1 Introduction to Cambridge Judge 1 Program Highlights . 1 Brief History of the MBA . 1 Cambridge Judge Business School History . 3 Student Demographics . .4 2 Academics 6 Academic Calendar . 6 Pre-Term . .7 Student Body . 7 Core Curriculum . 8 Visit our website: www.clearadmit.com Electives . .8 Concentrations . .9 Stay up-to-date with the latest news on the world’s best business schools Curriculum Comparison . 9 and sharpen your approach to your applications with insider advice on MBA admissions Faculty . 10 Want this information--and more exclusive content--delivered straight to your inbox? 3 Special Programs 12 Sign up for our Newsletter Experiential Projects . 12 Cambridge Venture Project . 12 Global Consulting Project . 12 Capstone Project . 13 Summer Activities . 13 Leadership Seminars . 14 4 Life at Judge 15 Campus Spaces . 15 Life in Cambridge . 15 Housing . 17 Clubs . 18 Special Interest Groups (SIGs) . 19 Cambridge Societies . 19 Conferences . 21 5 Life After Cambridge Judge 22 www.clearadmit.com © 2006-2014 Clear Admit, LLC. All rights reserved. vi | Table of Contents MBA Careers Service . 22 Recruiting/Interview Procedures . 22 Career Statistics . 22 Industry . 23 Geography . 23 Changes to the UK Work Visa . 24 Alumni Network . 24 6 Admissions 27 Visiting Cambridge Judge Business School . 27 Outreach Events . 27 Application Requirements . 27 Interviewing with Judge Business School . 28 Deadlines . 28 Other Degree Programs . 28 7 Financing the Judge MBA 30 Tuition & Expenses . 30 Financial Aid . 30 8 Appendix 32 Admissions Director Q&A . 32 Career Services Director Q&A . 34 9 Further Resources 38 Publications . 38 Judge Research Centers & Institutes . 38 Contact Information . 39 www.clearadmit.com © 2006-2014 Clear Admit, LLC. All rights reserved. Table of Contents | vii www.clearadmit.com © 2006-2014 Clear Admit, LLC. All rights reserved. Introduction | 1 Introduction to Cambridge Judge 1 Program Highlights Cambridge University Connection – As the business school of Cambridge University, one of the oldest universities in the world, Cambridge Judge Business School is part of a venerable institution that has shaped Western political, scientific, artistic and intellectual development for more than 800 years. Cam- bridge University alumni include luminaries such as Sir Isaac Newton, Christopher Marlowe, Oliver Cromwell, Charles Dar- win, Sylvia Plath and Charles, Prince of Wales. Upon matricu- lation at Judge, students are inducted into this rich history and can take advantage of the manifold academic and networking resources that the university offers. One-Year Program – Cambridge Judge’s full-time MBA pro- gram runs from September to September, allowing students to earn an MBA in just one year. This accelerated program saves students both money and time, allowing them to return to the workforce faster than a two-year program and quickly make use of their newly gained skills in their post-MBA positions. Unique Curriculum – In addition to core courses and electives, students at Cambridge Judge participate in a variety of ad- ditional academic programs that are fully integrated into the one-year curriculum. These enrichment programs include a seminar series, workshops, two consulting projects, a final project, and summer activities. Brief History of the MBA Originally conceived as an extra year of undergraduate train- ing in finance, economics and accounting, business schools shifted around the start of the 20th century to begin offering managerial training for the U.S.’s new industrialized compa- nies (see Figure 1.1). Their prestige grew throughout the Great Depression of the 1930s, when the research and train- ing generated by business schools was seen as a key to the country’s economic recovery. The unprecedented managerial needs of World War II further increased the demand for for- mal business education, and after the war, U.S. veterans used their G.I. Bill funding to finance their business studies and move into management jobs. By the 1950s, the MBA was a two-year, post-graduate pro- gram that turned business into a professional discipline on par with medicine and law, and the degree was seen as a ticket to a better, more secure career. The MBA continued increas- www.clearadmit.com © 2006-2014 Clear Admit, LLC. All rights reserved. 2 | Clear Admit School Guide: Cambridge Judge Business School Figure 1.1 Notable Developments in MBA History MBA Degree Cambridge Judge Business School • Business schools are established in the U.S. to 1880s train managers for service in the new industrialized economy, especially the railroad industry. • Academic focus is on accounting and bookkeep- ing, and most professors are professionals in these fields. 1900s • Association of Collegiate Schools of Business is 1910s founded in 1916 to provide resources for the grow- ing number of U.S. business schools, which by 1919 enroll over 36,000 students. • On-campus recruiting by industry rises. 1920s • Curricula begin to include policy issues. • The research and training conducted by business 1930s schools during the Great Depression is seen as key to the U.S.’s economic revival, significantly raising public opinion of business schools. • World War II sharply increases demand for trained 1940s managers, and WWII veterans return to U.S. busi- ness schools in droves. • Most professors now hold Ph.D.s in business, and 1950s • Cambridge University’s Engineering Department academic research begins to form the basis of first begins to support management teaching and business school curricula. research. • Strategic decision-making and quantitative and statistical analyses enter many curricula. 1960s • MBA starting salaries rise 5-10% per year at some 1970s schools, even during stagflation. • Entrepreneurship enters most curricula. 1980s • Business schools focus on leadership, ethics and 1990s • The New Institute of Management Studies opens in interpersonal skills, altering course content and in- 1990, with Professor Dame Sandra Dawson named creasing classroom emphasis on working in teams. its director five years later. • Queen Elizabeth II oversees the opening of the new Judge Institute of Management Studies in 1996. • High-profile corporate scandals prompt calls for 2000s • The school is renamed in 2005 after influential greater ethics education in business schools. donor Sir Paul Judge. • By 2004, 447,000 students are enrolled in U.S. • Director Arnoud de Meyer spearheads an expan- business programs. sion of the school, introducing a Master of Finance degree and an Executive MBA programme. 2010s • Professor Christoph Loch becomes the newest Director of the Cambridge Judge MBA programme in 2011. www.clearadmit.com © 2006-2014 Clear Admit, LLC. All rights reserved. Introduction | 3 ing in popularity, from 21,000 business management master’s degrees awarded in the 1969-1970 academic year to 139,000 in 2003-2004. This rise came in conjunction with a growing demand for MBA graduates in the workplace and with rising starting salaries for those graduating from top schools. Since the early days of the MBA, there have been conflicts over the purpose of a business education. Initially, tension between a classical education in economics and
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