Directors at leading business schools recognize the desire of admissions teams to experiment with the components of the application, usually aiming to better understand the personality and potential of each applicant.

FORBES: Connect

What is striking in the 2012 results is the consistent strong performance of Harvard Business School, Chicago Booth, Stanford GSB and The Wharton School among the leading US business schools.

FORBES: The Best Business Schools of 2012 - The Ranking of MBA Rankings

The program, which has partnered with top business schools and leading social entrepreneurship programs, allows students to spend 8 weeks in the developing world working side-by-side with micro-entrepreneurs executing the MicroConsignment Model.

FORBES: Social Entrepreneurship: The MicroConsignment Model

It is good that business schools are thinking about EQ measures, says Daniel Goleman, a leading psychologist in the field of emotional-intelligence.

WSJ: Business Schools Know How You Think,

More companies are also turning to business schools to help develop managers who can lead teams in a global business environment, and consider programs such as OneMBA, a partnership of five leading schools on four continents, as part of their institutional training platform.

FORBES: Going global: A New Breed of Executive MBA