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Why These Business Schools Are The Best In the States

Why These Business Schools Are The Best In the States

Due to the constant development and innovations implemented in their curriculums, the top list of best business schools in the United States of America is a variable category. However, there are certain prestigious institutions that consistently find themselves among the top-ranked business schools in the USA, according to several highly respected publications.

The following list is based on a schools’ reputation and the quality of their MBA programs.

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10. Duke University: The Fuqua School of Business

Although the average annual salary of Duke graduates is significantly lower than Stanford’s ($141,772 vs. $184,566), this prestigious school still offers a wide range of employment opportunities for its students. Duke’s campaign to open facilities in England, Dubai, India, Russia and China reinforces international connections and career prospects. The program is based on three pillars of learning: decision making, innovation, and making a difference.

9. Northwestern University: Kellogg School of Management

Kellogg is ranked among the 5 best business schools, according to Forbes. The school is distinguished by its leadership and pioneering approach to learning. The statistics of employment after graduation prove the school’s efficiency in developing the next generation of business leaders (over 90% of graduates are being employed within the first 3 months after graduation, with an average salary increase of 94%). Notable alumni include Malika Chopra, Bill McDermont, and Ali Babacan.

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8. University of California at Berkeley: Haas School of Business

Berkeley’s Haas School of Business is a leading global producer of business leaders who redefine the practices of the business environment with innovative concepts and ideas. The average salary of alumni three years after graduation is estimated at $149,487. The strong networking, with over 130 active alumni clubs in 74 countries, increases the opportunities for international employment.

7. Yale School of Management

Recently relocated to the new Edward P. Evans Hall, in the northern part of its campus, Yale School of Management offers a favorable environment for insightful and active discussion. The essence of this program is encompassed by its integrated curriculum and the ability of students to easily approach faculty members. The program is based on analysis of stock charts, articles, and case studies. The graduates’ salary percentage increase is estimated on an average of 114%.

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6. University of Chicago Booth School of Business

The discipline-based approach to education transforms the students of Booth School of Business into effective, confident business leaders who are ready to face all challenges in the real business environment. The school offers four different programs: full-time MBA, executive MBA, evening MBA, and weekend MBA. The average salary of an alumnus three years after graduation reaches $156,000; which is estimated to be 100% higher when compared to the student’s salary before graduation. Famous alumni from Booth include Antony Pritzker, Joe Mansueto, and Patrick Doyle.

5. MIT Sloan School of Management

The mission of MIT Sloan is to develop inventive, innovative, and principled business leaders who will generate ideas that advance the management practice. The real success of this program is evident through the data for alumni career progress: the average salary percentage increase is estimated at 101%. An impressive 80% of students find employment within three months after graduation. Their teaching methods are aimed at obtaining practical knowledge through action learning and hands-on management experience.

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4. Columbia Business School

Columbia Business School ranks high due to the great alumni career progress, with an average salary increase of 116%. All first-year classes are organized in groups of about 64 students – a policy that enforces the sense of community within the program. The program is suitable for students looking for a combination of education, international and domestic networking, prestige, and exposure to real business environment.

3. University of Pennsylvania: Wharton

The Wharton School, established in 1881, has the largest business school faculty. It also leads the way regarding technology of research and learning. Although the total number of students per program is high (above 1,700), their teaching methods are approachable – based on developing strong analytical thinking and writing skills. The Wharton School of Business is the perfect choice for students looking for international perspectives. Another aspect that makes this school special is the largest global alumni network of almost 92,000 graduates.

2. Stanford Graduate School of Business

Stanford Graduate School of Business is one of the most selective business schools in the world (with only 483 full-time students accepted from 7108 applicants). High-profile employers are always interested in hiring Stanford graduates, whose salaries increase at an average estimation of 100% within three months after graduation. Their teaching methods are based on an effective balance between case studies, lectures, problem-solving sessions, and practical labs. Notable alumni include Phil Knight and Jeffrey Bewkes.

1. Harvard Business School

Since it was founded in 1908, Harvard’s business school has grown into the most respected educational institution in the world. The average alumni’s salary increase (after gaining MBA from Harvard) is estimated to be 113%. The teaching methods in Harvard are focused on developing practical skills that successfully launch students into the business world upon graduation. Their MBA program is recommended for students who aim towards increased earnings, career progress, and international mobility.

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Last Updated on April 25, 2019

How to Write a Career Change Resume (With Examples)

How to Write a Career Change Resume (With Examples)

Shifting careers, tiny or big, can be paralyzing. Whether your desire for a career change is self-driven or involuntary, you can manage the panic and fear by understanding ‘why’ you are making the change.

Your ability to clearly and confidently articulate your transferable skills makes it easier for employers to understand how you are best suited for the job or industry.

A well written career change resume that shows you have read the job description and markets your transferable skills can increase your success for a career change.

3 Steps to Prepare Your Mind Before Working on the Resume

Step 1: Know Your ‘Why’

Career changes can be an unnerving experience. However, you can lessen the stress by making informed decisions through research.

One of the best ways to do this is by conducting informational interviews.[1] Invest time to gather information from diverse sources. Speaking to people in the career or industry that you’re pursuing will help you get clarity and check your assumptions.

Here are some questions to help you get clear on your career change:

  • What’s your ideal work environment?
  • What’s most important to you right now?
  • What type of people do you like to work with?
  • What are the work skills that you enjoy doing the most?
  • What do you like to do so much that you lose track of time?
  • Whose career inspires you? What is it about his/her career that you admire?
  • What do you dislike about your current role and work environment?

Step 2: Get Clear on What Your Transferable Skills Are[2]

The data gathered from your research and informational interviews will give you a clear picture of the career change that you want. There will likely be a gap between your current experience and the experience required for your desired job. This is your chance to tell your personal story and make it easy for recruiters to understand the logic behind your career change.

Make a list and describe your existing skills and experience. Ask yourself:

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What experience do you have that is relevant to the new job or industry?

Include any experience e.g., work, community, volunteer, or helping a neighbour. The key here is ANY relevant experience. Don’t be afraid to list any tasks that may seem minor to you right now. Remember this is about showcasing the fact that you have experience in the new area of work.

What will the hiring manager care about and how can you demonstrate this?

Based on your research you’ll have an idea of what you’ll be doing in the new job or industry. Be specific and show how your existing experience and skills make you the best candidate for the job. Hiring managers will likely scan your resume in less than 7 seconds. Make it easy for them to see the connection between your skills and the skills that are needed.

Clearly identifying your transferable skills and explaining the rationale for your career change shows the employer that you are making a serious and informed decision about your transition.

Step 3: Read the Job Posting

Each job application will be different even if they are for similar roles. Companies use different language to describe how they conduct business. For example, some companies use words like ‘systems’ while other companies use ‘processes’.

When you review the job description, pay attention to the sections that describe WHAT you’ll be doing and the qualifications/skills. Take note of the type of language and words that the employer uses. You’ll want to use similar language in your resume to show that your experience meets their needs.

5 Key Sections on Your Career Change Resume (Example)

The content of the examples presented below are tailored for a high school educator who wants to change careers to become a client engagement manager, however, you can easily use the same structure for your career change resume.

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Don’t forget to write a well crafted cover letter for your career change to match your updated resume. Your career change cover letter will provide the context and personal story that you’re not able to show in a resume.

1. Contact Information and Header

Create your own letterhead that includes your contact information. Remember to hyperlink your email and LinkedIn profile. Again, make it easy for the recruiter to contact you and learn more about you.

Example:

Jill Young

Toronto, ON | [email protected] | 416.222.2222 | LinkedIn Profile

2. Qualification Highlights or Summary

This is the first section that recruiters will see to determine if you meet the qualifications for the job. Use the language from the job posting combined with your transferable skills to show that you are qualified for the role.

Keep this section concise and use 3 to 4 bullets. Be specific and focus on the qualifications needed for the specific job that you’re applying to. This section should be tailored for each job application. What makes you qualified for the role?

Example:

Qualifications Summary

  • Experienced managing multiple stakeholder interests by building a strong network of relationships to support a variety of programs
  • Experienced at resolving problems in a timely and diplomatic manner
  • Ability to work with diverse groups and ensure collaboration while meeting tight timelines

3. Work Experience

Only present experiences that are relevant to the job posting. Focus on your specific transferable skills and how they apply to the new role.

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How this section is structured will depend on your experience and the type of career change you are making.

For example, if you are changing industries you may want to list your roles before the company name. However, if you want to highlight some of the big companies you’ve worked with then you may want to list the company name first. Just make sure that you are consistent throughout your resume.

Be clear and concise. Use 1 to 4 bullets to highlight your relevant work experiences for each job you list on your resume. Ensure that the information demonstrates your qualifications for the new job. Remember to align all the dates on your resume to the right margin.

Example:

Work Experience

Theater Production Manager 2018 – present

YourLocalTheater

  • Collaborated with diverse groups of people to ensure a successful production while meeting tight timelines

4. Education

List your formal education in this section. For example, the name of the degrees you received and the school who issued it. To eliminate biases, I would recommend removing the year you graduated.

Example:

Education

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  • Bachelor of Education, University of Western Ontario
  • Bachelor of Theater Studies with Honors, University of British Columbia

5. Other Activities or Interests

When you took an inventory of your transferable skills, what experiences were relevant to your new career path (that may not fit in the other resume sections?).

Example:

Other Activities

  • Mentor, Pathways to Education
  • Volunteer lead for coordinating all community festival vendors

Bonus Tips

Remember these core resume tips to help you effectively showcase your transferable skills:

  • CAR (Context Action Result) method. Remember that each bullet on your resume needs to state the situation, the action you took and the result of your experience.
  • Font. Use modern Sans Serif fonts like Tahoma, Verdana, or Arial.
  • White space. Ensure that there is enough white space on your resume by adjusting your margins to a minimum of 1.5 cm. Your resume should be no more than two pages long.
  • Tailor your resume for each job posting. Pay attention to the language and key words used on the job posting and adjust your resume accordingly. Make the application process easy on yourself by creating your own resume template. Highlight sections that you need to tailor for each job application.
  • Get someone else to review your resume. Ideally you’d want to have someone with industry or hiring experience to provide you with insights to hone your resume. However, you also want to have someone proofread your resume for grammar and spelling errors.

The Bottom Line

It’s essential that you know why you want to change careers. Setting this foundation not only helps you with your resume, but can also help you to change your cover letter, adjust your LinkedIn profile, network during your job search, and during interviews.

Ensure that all the content on your resume is relevant for the specific job you’re applying to.

Remember to focus on the job posting and your transferable skills. You have a wealth of experience to draw from – don’t discount any of it! It’s time to showcase and brand yourself in the direction you’re moving towards!

More Resources to Help You Change Career Swiftly

Featured photo credit: Parker Byrd via unsplash.com

Reference

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