Tuck School of Business at Dartmouth About This Guide The Clear Admit team has prepared this reference guide to the Tuck School of Business at Dartmouth (“Tuck”) to assist you in your research of this program. Our comments are designed to be of use to individuals in all stages of the admissions pro- cess, providing information relevant to those who are deter- mining whether to apply to this program, looking for in-depth information for a planned application to Tuck, preparing for an interview or deciding whether to attend. The guide is unique in that it not only addresses many aspects of life as a Tuck MBA student and alumnus, covering school- specific programs in depth, but also compares Tuck 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, alum- ni, faculty and school administrators. We have normalized the data offered by each business school to allow for easy side- by-side comparisons of multiple programs. www.clearadmit.com © 2006-2015 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 Tuck 1 Program Highlights . 1 Brief History of the MBA . 1 Tuck History . 3 Student Demographics . .5 2 Academics 7 Academic Calendar . 7 Pre-Term . .7 Student Body . 9 Core Curriculum . 9 Visit our website: www.clearadmit.com Electives . 10 Curriculum Comparison . 11 Stay up-to-date with the latest news on the world’s best business schools Grading System . 12 and sharpen your approach to your applications with insider advice on MBA admissions Honor Code . 12 Want this information--and more exclusive content--delivered straight to your inbox? Faculty . 12 Sign up for our Newsletter 3 Special Programs 14 Study Abroad . 14 Entrepreneurship & Innovation . 14 Experiential Learning . 15 The Center for Business and Society . 16 Visiting Executive Program . 17 4 Life at Tuck 18 Campus Spaces . 18 Life in Hanover . 19 Clubs . 19 Conferences . 21 5 Life After Tuck 22 Career Development Office . 22 Recruiting/Interview Procedures . 22 Career Statistics . 22 www.clearadmit.com © 2006-2015 Clear Admit, LLC. All rights reserved. vi | Table of Contents Industry . 23 Geography . 23 Alumni Network . 26 6 Admissions 27 Visiting Tuck . 27 Application Requirements . 27 Interviewing with Tuck . 28 Deadlines . 28 The Consortium . 29 Joint & Dual Degree Programs . 29 7 Financing the Tuck MBA 31 Tuition & Expenses . 31 Financial Aid . 31 8 Appendix 32 Essay Topic Analysis . 32 9 Further Resources 36 Publications . 36 Tuck Research Centers & Institutes . 36 Contact Information . 37 Social Media . 37 www.clearadmit.com © 2006-2015 Clear Admit, LLC. All rights reserved. Table of Contents | vii www.clearadmit.com © 2006-2015 Clear Admit, LLC. All rights reserved. Introduction | 1 Introduction to Tuck 1 Program Highlights Community – Tuck’s small size and relative isolation foster a close-knit community where classmates and partners spend a significant amount of time working and socializing together. With more than half of first-year students at Tuck living on campus, students tend to form close bonds. MBA Focus – Unlike most leading business schools, Tuck does not offer a Ph.D. program in business, choosing instead to fo- cus on the MBA degree. Without doctoral candidates to advise and teach, Tuck professors dedicate their full energies to the MBA program and its students. General Management Education – Tuck’s program is consid- ered to provide strong general management preparation, eschewing formal majors or concentrations to allow students to pursue their own academic paths. The school’s largest de- partment by far is Strategy & Management, which reflects its generalist focus. Leadership Development – Leadership training has been part of Tuck’s mission since the school’s founding. The Cen- ter for Leadership at Tuck furthers this mission, integrating leadership-related content throughout the MBA curriculum. Students report that the school’s community-oriented envi- ronment encourages them to work with others to define and reach common goals. Northeast Career Placement – Tuck places a higher percentage of graduates in positions in the Northeast U.S. than any of its peers. For students hoping to live and work in the Northeast after graduation, Tuck is sure to provide access to the neces- sary resources and recruiters. 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 www.clearadmit.com © 2006-2015 Clear Admit, LLC. All rights reserved. 2 | Clear Admit School Guide: Tuck School of Business at Dartmouth Figure 1.1 Notable Developments in MBA History MBA Degree Tuck School of Business •Business schools are established in the U.S. to train 1880s managers for service in the new industrialized economy, especially the railroad industry. •Academic focus is on accounting and bookkeeping, and most professors are professionals in these fields. 1900s • The Amos Tuck School of Administration and Finance is established in 1900. • Tuck begins to award the first graduate business de- grees in 1902. • Tuck’s first building is completed in 1904. • Association of Collegiate Schools of Business is 1910s • William Gray (Tuck Class of 1905) becomes Dean in founded in 1916 to provide resources for the 1919. growing number of U.S. business schools, which by 1919 enroll over 36,000 students. • On-campus recruiting by industry rises. 1920s • Tuck is accredited by the American Assembly of Col- • Curricula begin to include policy issues. legiate Schools of Business in 1923. •The research and training conducted by business 1930s • Edward Tuck Hall, Stell Hall, and Chase and Woodbury schools during the Great Depression is seen as key dormitories are completed in 1930. to the U.S.’s economic revival, significantly raising • Tuck establishes a joint degree program with Dart- public opinion of business schools. mouth’s Thayer School of Engineering in 1939. •World War II sharply increases demand for trained 1940s • The school name is changed in 1942 to the Tuck School managers, and WWII veterans return to U.S. of Business Administration. business schools in droves. • Most professors now hold Ph.D.s in business, and 1950s • The MBA is first awarded in 1953, replacing the Master academic research begins to form the basis of of Commercial Science. business school curricula. • Dean Karl Hill begins the transformation of Tuck from a 3/2 program within Dartmouth College to a stand-alone graduate business school. • Strategic decision-making and quantitative and 1960s • Tuck accepts its first female students in 1968. statistical analyses enter many curricula. • MBA starting salaries rise 5-10% per year at some 1970s • Dean Richard West, appointed in 1976, enlarges Tuck’s schools, even during stagflation. faculty and enhances its research and scholarship pro- • Entrepreneurship enters most curricula. grams. 1980s • Dean Colin Blaydon, appointed in 1983, expands the student body, enrolling twice as many international stu- dents. The entering class is split into sections for the first time. • Business schools focus on leadership, ethics and 1990s • Paul Danos is appointed Dean in 1995. interpersonal skills, altering course content and • Applications top 3,000 for the first time in 1997. increasing classroom emphasis on working in teams. •High-profile corporate scandals prompt calls for 2000s • A large new living and learning complex opens in Janu- greater ethics education in business schools. ary 2009. •By 2004, 447,000 students are enrolled in U.S. • In 2009, the core curriculum is revised to place more business programs. stress on leadership. 2010s • In 2015, Matthew Slaughter replaced Paul Danos as Dean. www.clearadmit.com © 2006-2015 Clear Admit, LLC. All rights reserved. Introduction | 3 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- ing in popularity, from 21,000 business management master’s degrees awarded in the 1969-1970 academic year to 139,000 in 2003-2004.