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			[IMAGE]B School e-Vantage 10-19-00
[The Princeton Review]	[IMAGE]		
	
	
	
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	Dear Ben,
	
	Welcome to the first issue of our e-newsletter, designed solely to help you 
determine what you want to do and how to get there. Are you ready for the 
journey?  
	
	The process of selecting and getting into your top business school is 
becoming more and more complex, with many variables added to the mix every 
day. With nearly 1,000 business schools in the country, your task can seem 
daunting. But with a good game plan and solid information, you can determine 
what your personal needs are and which schools can give you the best MBA 
experience.  
	
	[HOT CAREERS TO WATCH]
	
	 Tech + Business = Hot Careers
	A Few Million e-xecs Wanted 
	
	Source:  Industry Standard
	For additional information:  CIO Enterprise Magazine 
	
	The shortage of Internet executives is swelling to epic proportions, 
according to a recent study by IDC, a research firm focusing on the IT 
industry. By 2004, companies will be short 1 million execs for the 9.2 
million positions that will be in demand worldwide, predicts John Gantz, 
IDC's chief research officer. 
	
	"The demand for people to manage online operations is growing so fast that 
soon we will have either young people who know little about business running 
multimillion dollar enterprises, or older business executives running online 
activities who are clueless about the online world," Gantz says.  
	
	The deficiency will be most apparent in brick-and-mortar companies trying to 
push their businesses online, Gantz says, since these companies typically 
don't have processes in place to train, recruit or retain Internet workers.
	
	
	 
	[FORTUNE 500 FOCUS: Lucent Technologies]Fortune 500 Rank: 19
	Cash flow: $ 5.44 billion  
	Revenue:  $38.8 billion in fiscal year 1999 (up nearly 21% over 1998)  
	Employees: 153,000 (23% outside of US)
	NYSE: LU 
	Stock Price:  $22 7/8
	52-week Trading Range:  84 3/16 (high); 28 1/14 (low)
	CEO:  Richard A McGinn
	Headquarters: Murray Hill, NJ
	Website:  www.lucent.com  
	
	Corporate Profile
	Lucent's mission is to provide customers with the world's best and most 
innovative communications systems, products, technologies and customer 
support. They have offices or distributors in more than 90 countries and 
territories; Bell Labs facilities are located in 25 countries around the 
world. 
	
	As the leader in broadband networking, Lucent is building a new generation of 
networks that will integrate wired and wireless voice, data and video 
traffic. The result will be a new generation of growth opportunities for 
Lucent-in systems, software, silicon and services. Lucent competes in a 
robust global market that is growing more than 14% annually. Their growth is 
propelled by customer demand for next-generation converged networks that 
deliver new services in any form.  Check out new developments at Lucent.  
	
	Corporate Kudos
	
	#10 on Fortune's 1999 list of Most Admired Companies  
	#10 on Business Week's annual Performance Ranking of the 500 companies in the 
S?500-stock index.
	Received 1,153 U.S. patents in 1999, placing them ninth on the Patent 
Office's list of companies.
	
	
	 
	
	
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	"Dot.com World" is our guide to what's useful, timely, and just plain cool on 
the Web.
	
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	CareerJournal.com 
	Salary.com Need help negotiating your next salary, or do you want to find out 
what everyone else is making? This site churns out high, medium, and low 
salaries. 
	Scour.com Scour describes itself as a "broadband entertainment portal" to 
find music, movies, and videos all over the Web.  
	Internet Movie Database This mega site offers the most comprehensive 
information on movie film titles, actors, and directors.  
	Late Show Top Ten Home Office If you fell asleep and missed David Letterman's 
Top Ten List again, log onto this site to catch up on all that you missed, 
including archives of Top Tens from the last seven years!  
	CEOExpress.com A collection of links to every major newspaper, wire feed, 
magazine, and search engine, plus top shopping, sports, and leisure sites. A 
must-bookmark site. 
	Bluefly.com  Diesel, Calvin Klein, Ralph Lauren-this top shopping site has 
them all at heavily discounted prices. 
	Drugstore.com Never run out of toilet paper again! Drugstore.com is an 
extensive online drugstore that sells all life's little necessities. 
	
	Is the GMAT scaring you? If you are afraid that the GMAT is becoming your own 
personal "Urban Legend"-complete with elements of humor and horror, fear 
not.  	[IMAGE]	[IMAGE]
			
			 
			
			
			[AN E-FRIENDLY MBA?]
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			Where Can You Get an e-friendly MBA? The best business schools for 
technology, according to Computer World magazine, are Northeastern, 
University of Texas at Austin, University of Maryland, University of Alabama, 
and University of California at Irvine. 
			
			
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			Business 2.0 selected the following schools for their top e-commerce 
programs:  MIT's Sloan, Carnegie-Mellon, University of Pennsylvania's 
Wharton, Stanford, Kellogg, and U.T.-Austin. And if you are a budding 
entrepreneur, head to Wharton, Harvard, Stanford, UCLA's Anderson, and Sloan.
			
			 
			
			
			
			
			[UNIVERSITY OF TEXAS]
			
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			http://texasmba.bus.utexas.edu/index.asp 
			FAST FACTS
			Selectivity Ranking:
			17  of 247 (1 being the best)
			Incoming Class Size:
			420 (78% male, 22% female)
			Student body:  27% international
			Undergraduate degrees:
			technical/science 32%, business 27%, liberal art 24%, economics 11%
			Avg. GPA:  3.4
			Avg. GMAT score:  690
			Areas of Specialization:
			Accounting, Finance, Management, Marketing, Management Science and 
Information Systems, and Marketing/Management Science/Information Systems
			Tuition and fees:
			$ 20,876; $ 32,126 out-of-state
			Avg. Years of Work Experience:  5
			Avg. Age:  29
			Application Deadlines:
			Jan. 1-early; Feb.1-intnatl.; Apr. 15-regular 
			Additional Requirements:
			2 years of full-time work experience
			
			* Based on Business Week's "The Best B-Schools," October 2000
			
			
			Description of MBA Program
			The Texas M.B.A program is a two-year, 60-credit hour, full-time program. The 
seven-course (21-credit hour) core curriculum provides a broad, 
cross-functional perspective followed by 13 electives. A student may choose 
to concentrate in an academic discipline or follow a market-driven 
specialization, such as energy finance or information management.
			The selection process is highly competitive, with a 2001 class including 
doctors, lawyers, consultants, Olympic competitors, military officers, 
nonprofit leaders, financial analysts, marketers, bankers, entrepreneurs, 
accountants, scuba divers and kick boxers. In a word, diverse. 
			
			Virtual Road Trip Take a trip to Austin, or as U.T. folks call it, "the big 
surprise awaiting prospective business students." And while you're there, 
stop in at Chuy's, a great place for tongue-sizzlin' Tex-Mex in a campy diner 
environment. You'll find a thousand fish over the bar, tailfins from an old 
car, Elvis, and other wild items on the walls and ceiling. But hey, the decor 
actually works. 
			?
			[CAMPUS TOUR]
			
			
			 [GMAT Sampler]
			
			
			1.  In 1988, was the number of people in City X greater than three times the 
number of people in City Y? 
			
			(1)  In 1988, there were approximately 1.1 million more people in City X than 
in City Y.
			(2) In 1988, the 300,000 Mormons in City X made up 20 percent of its 
population, and the 41,000 Buddhists in City Y made up 30 percent of its 
population. 
			
			(A) if statement (1) ALONE is sufficient, but statement (2) alone is not 
sufficient to answer the question asked; 
			(B) if statement (2) ALONE is sufficient, but statement (1) alone is not 
sufficient to answer the question asked; 
			(C) if BOTH statements (1) and (2) TOGETHER are sufficient to answer the 
question asked, but NEITHER statement ALONE is sufficient; 
			(D) if EACH statement ALONE is sufficient to answer the question asked; 
			(E) if statements (1) and (2) TOGETHER are NOT sufficient to answer the 
question asked, and additional data specific to the problem are needed. 
			
			
			2. Television programming experts maintain that with each 1% increase in the 
prime-time ratings of a television station there is a 3.5% increase in the 
number of people who watch its evening news program. However, in the last ten 
years at Channel NTR, there was only one year of extremely high prime-time 
ratings and, during that year, fewer people than ever watched Channel NTR's 
evening news program. 
			
			Which of the following conclusions can properly be drawn from the statements 
above?  
			
			(A) When a news program has good ratings, the channel as a whole will have 
good ratings.
			(B) The programming experts neglected to consider daytime news programs.
			(C) The year of high ratings at NTR was a result of two hit shows that were 
subsequently canceled because of contractual problems.
			(D) The ten-year period in question is not representative of normal viewing 
patterns.
			(E) Prime-time ratings are not the only factor affecting how many people 
watch an evening news program. 
			
			Need Help Prepping for the GMAT?
			If you are hungry for some high-tech test prep, then try our new free online 
GMAT course! It's a definite "Best in Class."  
			
			
			
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			 Maybe you just need a good test prep course to allay your fears. For more 
test prep tips and strategies, visit our website at www.PrincetonReview.com. 
			
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			[THE PRINCETON REVIEW ,2000]
			GMAT Sampler Answers:
			 1.  The correct answer is choice (B).  Statement (1) tells us how many more 
people were in City X than in City Y, but since we don't know the total 
population of either, we can't definitively answer this question. We can 
eliminate (A) and (D), and we're down to (B), (C), or (E). 
			
			At first glance, statement (2) may not seem helpful since it talks about 
Mormons and Buddhists, but in fact, this statement is sufficient. The 300,000 
Mormons make up 20% of the population of City X, meaning that we can compute 
the entire population (five times 300,000, not that we needed to know the 
exact figure). The 141,000 Buddhists make up 30% of City Y, meaning that we 
can compute the entire population of City Y as well. 
			
			2.  (E)  This is a causal argument. According to the experts, high prime-time 
ratings cause the ratings of the evening news show to increase as well. 
However, at Channel NTR, this was not found to be true. What conclusion can 
we draw from this? The correct answer is choice (E), which asks us to 
consider that there might be alternate causes. (A), (B), and (C) are outside 
the scope of the argument, while choice (D) would have been more likely to be 
correct had this been a statistical argument.