Live Updates: Coronavirus Impact On Business Schools
What is the impact of coronavirus on business schools? We bring you the latest updates including campus closures, changes to MBA admission requirements, and more
Read our April 2 roundup for the latest news on the impact of coronavirus on business schools, as the MBA jobs market suffers
Read our April 3 roundup for the latest news on the impact of coronavirus on business schools, as the online GRE test becomes available worldwide
Students and staff at MIP Politecnico di Milano share their experiences, as the b-school community unites to combat coronavirus
Amanda Yang, an MSc Business Analytics student at BI Norwegian Business School, shares her experiences of life during coronavirus quarantine
MBA Jobs Market Suffers From Coronavirus Crisis
April 2 Roundup
MBA Jobs Suffer Impact Of Coronavirus
Coronavirus is negatively impacting the jobs prospects of current MBA students, according to a leaked document obtained by Poets&Quants. The document, from the careers office of a top US b-school, explains that out of 116 major companies 40 have already reported a hiring freeze or cancelled or rescinded internship and job offers.
Students who are considering careers in transport, hospitality, or the sports industry, in particular, face the toughest recruitment challenge. Companies reported as cancelling or freezing hiring for jobs and internships include: AB InBev, Adobe, Visa, Wipro, Facebook, LEK Consulting, and Johnson & Johnson.
2020 MBA Application Deadlines Extended
Business schools are extending 2020 MBA application deadlines to give you more flexibility during the coronavirus pandemic. Check out our list of the latest MBA application deadlines for the world’s top b-schools.
Zoom With Pets: Cornell Johnson students share cute dogs pics
Sage Socials are a longstanding and long-cherished tradition at Cornell Johnson: Every Thursday evening, the Dyson Atrium at Sage Hall transforms from café and study seating to a place for food, drink, networking, and programming that highlights Johnson students’ talents. Now, Johnson MBAs are doing it virtually instead, taking part in a Meet My Pet hangout session in the latest social meetup.
NUS Business School extends app deadline
The National University of Singapore will now continue to accept applications to its full-time MBA through to April 15 and test scores through to May 10. ‘We would like to ensure that every candidate who wishes to apply for the August 2020 intake may continue to do so during this challenging period,’ the school says.
Applications received by 15 April will be reviewed and you will be notified if you have been shortlisted for an interview latest by 30 April. Application reviews and decisions will be made on a rolling basis, and final admissions offers can only be made to selected candidates who have submitted completed applications, including their test scores.
You Can Now Take The GRE Test At Home, From Anywhere
April 3 Roundup
Online GRE Test available worldwide
The new online GRE test was initially available for candidates based in the United States, Canada, Colombia, France, Germany, Italy, Spain, Hong Kong, and Macau. However, from today, the test will be available for candidates worldwide with the exception of Mainland China and Iran.
Hult Prof Saddles Up!
Ted Ladd, professor of entrepreneurship at Hult International Business School, has a unique remote-working setup at home in Wyoming.
Vlerick launches course on working in virtual teams
Vlerick Business School has launched a free online course on ‘working in virtual teams’. Smaranda Boros, professor of Leadership and Intercultural Management at Vlerick, says:
“The instinctive reaction for teams working remotely can be to try to replicate a face-to-face environment, but virtual working comes with its own challenges. This free online course shows you how to create the ideal conditions for a virtual team to thrive. You’ll learn how to collaborate successfully on projects and you’ll get tips on how to improve your virtual working practices.”
5 tips for dealing with social isolation
Kaitlin Woolley, assistant professor of marketing at Cornell SC Johnson College of Business, shares her five tips:
1. Virtually connect with others over food
Eating similar food with others increases connection. Organize a virtual coffee hour or happy hour where you come together with others over the same food/beverage.
2. Watch out for information avoidance
With a constant influx of upsetting news, we may be tempted to avoid information and follow our ‘want preferences’ (i.e. continue socializing). In my work, I've found that people at times avoid information they should receive in order to do what they intuitively want to do. But if people have this information, they are less likely to act on these temptations.
3. If you're starting a new goal, make it fun
If you want to start cooking, FaceTime with a friend while doing so or play music related to the cuisine you are making. If you enjoy the process more, it will help you stick with your new goal for longer.
4. Make a schedule for yourself and categorize your activities to help you feel greater progress
When far from our goals, categorizing activities into buckets of what is done and what is remaining can help motivate us to feel like we are closer to achieving our goal. You can use this strategy to help motivate yourself to continue work or chores when you feel far from your end goal.
5. Focus on the process rather than the outcome
Many people are discouraged because they aren't as productive as they typically are, given the need to stay home and care for family members. If you are able to work, rather than focusing on the outcome you're aiming for, think about parts of the process that you enjoy which can help you stay engaged in motivated at work.
Real Coronavirus Stories: MIP Politecnico Di Milano
Associate dean for open programs at MIP Politecnico di Milano Graduate School of Business, Antonella Moretto, remains upbeat even as lockdown continues across Italy. She emphasizes that she wants to engage with students and faculty alike as much as possible, and capitalize on the school's digital offerings.
"Since the end of February, Covid-19 has completely changed how our lives and how we work, as we are obliged to stay home," she explains. "This was a big change in my daily life, as what I love the most about my job is being able to connect with people––both students and fellows team members. After an initial moment of shock, the real question became how to organize things to keep everything running in a positive way.
"All teaching activities are now run online, although this new approach to teaching did present some challenges. I am keeping up my personal interactions with students by engaging them through online forums or additional materials, and involving them in workgroup activities.
"The other challenge has been working out how to interact best with my team. We have a set daily meeting with all our teammates––this is to simply to make sure we're all fine, to chat together as we used to do at the coffee station, and to organize our days.
"It's so important to remain close despite the distance," Antonella stresses. "I really look forward to coming back to the university and seeing my colleagues again in the office aisles. Strong relationships and common goals are demonstrating that we can maintain our normality as much as possible."
For Online MBA student Giuseppe Stefanetti, his study hasn't been much altered by the Novel Coronavirus pandemic.
"COVID-19 hasn't significantly affected the Online MBA at MIP, as the program is mostly based on a distance-learning methodology," he says. "Online lessons and seminars are still going on, and students are interacting using web platforms. I really appreciate the increase of material available in the platform related to the pandemic, such as advice, articles, live webinars and in-depth analyses of MIP stakeholders.
"As it is for many of us, my routine life has been disrupted by the virus, and I am concerned about the health of my family and friends. Let’s hope we can all get back to normality soon."
Real Coronavirus Stories: BI Norwegian Business School
Amanda Yang is a first year MSc Business Analytics student at BI Norwegian Business School. She shares how she's structured her work days to make the most of life in quarantine.
My schedule remains much the same as before quarantine. Both classes and work are still going on but take place online and at home. For classes, the only thing we need to do is to enter the virtual classroom according to our schedule.
Out of class, I work around 12-15 hours per week as a student assistant for BI. I'm lucky that I could just bring my work laptop back and work from home.
During the week, I normally get up around 8:00 and have breakfast while working or studying––depends on my schedule for the day. Then it is normally followed by either a 3-hour class or a few hours of work.
Around 12:00 I will make lunch take a small break until 13:00. After lunch, I will either study or work until 15:00 or 16:00. Around 2 to 3 times a week, I will go for a run along the river in the afternoon, which normally takes around an hour.
I normally start making dinner around 17:00 and will rest until 18:30. In the evening I will have some more time to study before going to bed. Weekend’s schedule is similar to my weekday schedule, just without work. And maybe I will wake up a bit later like 9:00 and start my day around 10:00.
8:00–– Breakfast + Work/Class/Study
16:00––Workout (2-3 times a week)
What do you like about quarantine?
Safety: I feel safer being at home, because it limits the amount of people I am in contact with.
Time saving: There is no need for me to spend time on dressing up and commuting to school and work. I can start doing whatever task I have on my schedule and check list.
What do you dislike about quarantine?
Limited freedom: Since it's not safe to go places with lots of people, I'm at home most of the time. I can see how it can be tough for people who are very social, outgoing, and need company or those who live alone.
What has been the most challenging for you during this period?
1. Separating personal life and work life. In the beginning, it was hard for me to separate personal life and work life––meaning I might work longer than my schedule or be interrupted when I'm working. It took me around a week to get used to this new life, and it's the same for studying. I need to be stricter with myself and make sure I'm working on what I'm meant to be doing throughout the day. Personally, I find it helpful to set up a specific area for work and study. It's easier to get into that 'work mode' when you have a designated area for work and study. If I need to rest then I move to my couch or living room for a small break.
2. Efficiency at work and study. It is always faster to talk to someone or ask a question in person, because we can get an answer or response right away. Since we are working from home, it is hard to be as efficient as before when comes to communication. I try to make sure that I list down all my questions so I won’t forget anything. Inconvenience is inevitable but is something that I can get used to.
My tips for being in quarantine
1. Set up a routine. My day is full because of work and study, so it always goes by faster than I want it to. For those who are also in quarantine, I would recommend spending time figuring out exactly what you need to do and set up a schedule. You will then have a routine to follow and will feel more settled.
2. Learn something new. If you are bored or have lots of free time on your hands, then make good use of it! Are there things you've always wanted to do but haven't had the time? Being at home doesn’t mean doing nothing.
3. Workout and eat healthy. If learning something new is keeping your mind busy, then working out and eating healthy will keep your body healthy. You can workout at home or outside (if allowed). I also try to make sure my diet is balanced while in quarantine.
4. Keep in touch with family and friends. We can still talk to friends and family on the phone or on video chat. It's always good to talk to someone, especially for those living alone––it will make your quarantine more bearable if you have someone to talk to.