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Calling all Tepper Fall 2010 Applicants

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Manager
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 24 Dec 2009, 22:10
NYCAnalyst wrote:
bhy wrote:
I hear that the default capstones project (management games or something like that) is an incredible experience that many alumni feel was the single best thing about the program. I may end up simply taking the courses I want and then participating in the default capstone project.


I took this course as an undergrad (it's basically the same for MBA students). I can easily say that it was my favorite course at CMU.


Can you share your capstone experience?
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 24 Dec 2009, 22:14
Can someone help me with this.

In a last part of application process, can I just fill my name in the box for E-Signature?

thanx in advance.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 25 Dec 2009, 06:14
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gottabwise wrote:
NYCAnalyst wrote:
bhy wrote:
I hear that the default capstones project (management games or something like that) is an incredible experience that many alumni feel was the single best thing about the program. I may end up simply taking the courses I want and then participating in the default capstone project.


I took this course as an undergrad (it's basically the same for MBA students). I can easily say that it was my favorite course at CMU.


Can you share your capstone experience?


Basically you are in a team of 5 students. First, the people in the class vote on who the team presidents are. If you want to become president, you put a little blurb about why you'd make a good one, submit your candidacy, and everyone sees it. If you do not want to become president, you don't put any blurb, and don't submit your candidacy. Everyone has 3 votes for president. The presidents choose their teams via a private snake draft. Their teammates get titles (Ex: VP Finance, VP Marketing, VP Accounting, VP Ops, etc). There were about 10 teams in my class.

Then you are put in charge of a fictional company, competing with 4 other teams in their own world. You start at year 5, and all the other teams are equal at that point. (The balance sheet and product prices / quality are all equal.) Years 1-4 have already been simulated for you, so you can run regression analysis on past data, etc. Some of the other teams are from other schools in other countries. You are selling 2 products (one is a premium product and one is a mass-produced product) in 6 different countries, each with their own different elasticities to price, quality, and marketing. You don't know these elasticities.

The team sets the inputs (Price of product, Quality is set by $$ spent on R & D - you don't know the exact relationship, and $$ Spent on Marketing) for each product before each period. (Each period is a simulated quarter, and there are 12 periods). Depending on your inputs and the inputs of the other teams in your world, you could do "better" or "worse" than them for each period. You can also move production of those products to any of these 6 countries, and depending on where your factories are, the cost to make / quality of the product will be different. For example if you move the factory for product 1 from Germany to China, the cost to make it is cheaper but the quality of the product is lower. So you might have to spend more on R & D to keep up with the other teams in your world.

At the end of each "year", you also have to report your performance to the board of directors (external group of people chosen for you, usually they took the course some years back). What else...there's a stock market where you can buy/sell shares of the companies in your world as well as all of the other worlds in the class. You can declare dividends to shareholders (your classmates). Since you are selling products in 6 different countries, you can also do currency hedging to hedge the fluctuations in the exchange rates. I didn't take the MBA version but the prof. did say it was a bit different - for example you can do LBOs / hostile takeovers of companies (other teams) that are doing terrible. I'm sure your classmates would like that...

Let me know if you have any questions. There's some more which I probably don't remember now, but your questions could help me remember.

The class is very comprehensive...most classes have a 1-2 page syllabus. The syllabus for this class was something like a 50-page booklet...
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 25 Dec 2009, 07:11
gottabwise wrote:

Congratulations on your acceptance and thank you for the feedback. I'm really interested in the courses on creative enterprises. I'm so so about the capstones just because I want to work on my own projects. You'll have to share your experience. On healthcare policy, Heinz courses should suit you well.


I think a capstone project is required. From what I undertstand, depending on what your concentration is, you either have to take the capstone associated with that concentration or the default.

Last edited by bhy on 25 Dec 2009, 07:17, edited 1 time in total.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 25 Dec 2009, 07:17
WOW....thanks NYCA. I had heard this was an incredible experience, but that is just awesome. I would love my hand at taking over the world!! HAHAHA
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 25 Dec 2009, 15:47
HELP , HELP, HELP!!!!!!!

what margins should i use for the essays( I am using 1.27 cm margins)

how prudent is it to exceed suggested essay length.


please reply at the earliest
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 25 Dec 2009, 16:01
I used 1.25 inches on sides and 1 inch at top and bottom.

Exceeding by 5% is OK.

ammin wrote:
HELP , HELP, HELP!!!!!!!

what margins should i use for the essays( I am using 1.27 cm margins)

how prudent is it to exceed suggested essay length.


please reply at the earliest
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 25 Dec 2009, 16:07
are 1.27 CM margins on all sides unacceptable
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 25 Dec 2009, 19:00
bhy wrote:
gottabwise wrote:

Congratulations on your acceptance and thank you for the feedback. I'm really interested in the courses on creative enterprises. I'm so so about the capstones just because I want to work on my own projects. You'll have to share your experience. On healthcare policy, Heinz courses should suit you well.


I think a capstone project is required. From what I undertstand, depending on what your concentration is, you either have to take the capstone associated with that concentration or the default.


A mandatory/required capstone is so unappealing to me. I think I'll have to cross Tepper off of my list.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 26 Dec 2009, 05:13
Class2012 wrote:
Congrats Rao! I was wondering what happened to you since you did not report your admit yesterday.

rao_1857 wrote:
I am in ....


Yeah .....Sorry I was sick.... and had to cancel my interview twice. Ended up with a phone interview on the last day (3 days before the decision date)
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 26 Dec 2009, 05:17
gottabwise wrote:
bhy wrote:
gottabwise wrote:

Congratulations on your acceptance and thank you for the feedback. I'm really interested in the courses on creative enterprises. I'm so so about the capstones just because I want to work on my own projects. You'll have to share your experience. On healthcare policy, Heinz courses should suit you well.


I think a capstone project is required. From what I undertstand, depending on what your concentration is, you either have to take the capstone associated with that concentration or the default.


A mandatory/required capstone is so unappealing to me. I think I'll have to cross Tepper off of my list.


Go to the website before making such a big decision. I dont think Capstone is mandatory any more.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 27 Dec 2009, 00:42
I need a little help with this essay
Describe an obstacle you have faced in your professional or academic life. How did you overcome this obstacle and how did it foster your development?

How did everyone approach this one? Is it a failure essay? or should I write it as an accomplishment essay. Please answer. Maybe the admitted students could answer this question for me.

Thanks
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 27 Dec 2009, 07:00
Ari123 wrote:
I need a little help with this essay
Describe an obstacle you have faced in your professional or academic life. How did you overcome this obstacle and how did it foster your development?

How did everyone approach this one? Is it a failure essay? or should I write it as an accomplishment essay. Please answer. Maybe the admitted students could answer this question for me.

Thanks


You could use either one of them. It depends on the example.
The example should show the real obstacle and action you took to overcome it and then how those action have helped you overcome future-could-be-obstacles in your life.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 27 Dec 2009, 11:19
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Ari123 wrote:
I need a little help with this essay
Describe an obstacle you have faced in your professional or academic life. How did you overcome this obstacle and how did it foster your development?

How did everyone approach this one? Is it a failure essay? or should I write it as an accomplishment essay. Please answer. Maybe the admitted students could answer this question for me.

Thanks


I think you are thinking about it too much...just describe a time where you had to face an obstacle and discuss how you grew from it.

I wrote about an obstacle I faced in graduate school. I am finishing a Ph.D. right now and when I first started the Ph.D. program I realized that the caliber of students there was unbelievable. This resulted in me becoming insecure about whether I could keep up with them. These insecurities stunted my growth not only as a grad student, but also as a person. Once I realized that I was in fact insecure about this, I did a number of things to deal with those insecurities. The things I did to deal with them resulted in even more success with my program and helped me become a better person.

I think you should think about this less as a failure or an accomplishment essay and describe a time where you had an obstacle that you grew from. In the essay make sure you describe the obstacle and how it was an obstacle for you, what you did to deal with it and how you grew and what you learned from it. As long as you fill in those important areas in the essay then I don't think it matters what you write about.

Hope this helps....Good Luck!
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 27 Dec 2009, 17:37
Thanks bhy for the answer.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 27 Dec 2009, 17:44
Just submitted my application for R2. Does anyone know when decisions come out on 3/15? I'm obviously hoping for the best with CMU, but if I don't get in, that date is the deadline to make a deposit to another school.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 27 Dec 2009, 18:45
LetsGoMets wrote:
Just submitted my application for R2. Does anyone know when decisions come out on 3/15? I'm obviously hoping for the best with CMU, but if I don't get in, that date is the deadline to make a deposit to another school.


R1 decisions were out at 4:45 pm est.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 28 Dec 2009, 11:04
Did anyone get a greeting card from Tepper? Looks like the entire admissions office signed on it.So nice of them.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 28 Dec 2009, 11:21
I got one from Emory - same thing, signed by the admissions staff. Agreed, a very classy thing for these schools to do.
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Re: Calling all Tepper Fall 2010 Applicants [#permalink] New post 28 Dec 2009, 12:20
LetsGoMets wrote:
I got one from Emory - same thing, signed by the admissions staff. Agreed, a very classy thing for these schools to do.


Nice to know that Emory did that too.

For Tepper,it would amount to signing more than 100 cards.
Re: Calling all Tepper Fall 2010 Applicants   [#permalink] 28 Dec 2009, 12:20
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