{"id":38014,"date":"2017-06-29T06:30:35","date_gmt":"2017-06-29T13:30:35","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=38014"},"modified":"2017-06-29T03:44:27","modified_gmt":"2017-06-29T10:44:27","slug":"whats-new-at-nyu-stern-a-lot-episode-212","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/whats-new-at-nyu-stern-a-lot-episode-212\/","title":{"rendered":"What\u2019s New at NYU Stern? A Lot! [Episode 212]"},"content":{"rendered":"

\"Listen<\/a><\/p>\n

What\u2019s new at NYU Stern? New MBA programs. New application process. New deadlines. Let\u2019s learn all about it!<\/a><\/p>\n

It gives me great pleasure to welcome back to Admissions Straight Talk Isser Gallogly, Associate Dean of MBA Admissions at NYU Stern School of Business. I almost feel like Isser needs no introduction at Accepted. He participated in many of Accepted\u2019s old text-only admissions chats. He\u2019s also been a guest on AST twice before \u2013 Episode 97<\/a>, where we discussed part-time options at Stern, and Episode 184<\/a>, where we discussed NYU Stern\u2019s FT MBA admissions process. So when you finish with this show and want to learn more about NYU Stern, check out those.<\/p>\n

Welcome back, Isser!<\/p>\n

Can you give us an overview of the changes to Stern\u2019s MBA application process this year?<\/strong> [2:00]<\/p>\n

We launched two new, focused MBA programs<\/a>. We explored the idea of separate applications, and decided on having one application for all of the programs \u2013 so you can apply to up to four MBA programs with one application: the full-time MBA, part-time MBA<\/a>, and our two new specialized, full-time, 12-month programs (one in tech, one in fashion and luxury). You indicate a primary program of interest and explain why it\u2019s your primary, and then identify your alternates.<\/p>\n

The EMBA has a different process because it\u2019s a unique profile.<\/p>\n

If you list an alternate, it won\u2019t be held against you?<\/strong> [5:00]<\/p>\n

Not at all. Maybe someone\u2019s preference is the full-time MBA, because they want to be immersed \u2013 but they can also see that the part-time program<\/a> would be viable, because they can see that going to school while in the work environment would be helpful for them. It\u2019s two different paths to the same goal.<\/p>\n

What is the EQ Endorsement?<\/strong> [6:35]<\/p>\n

This is a completely new section for the MBA application, and one we thought was important!<\/p>\n

At Stern, one of the differentiators for us is what we call IQ + EQ \u2013 our students don\u2019t just have raw intelligence, but also emotional intelligence (EQ), to work with people and lead. EQ is always something we\u2019re looking for. We thought there was an opportunity to get more information in the application process.<\/p>\n

Professional letters of rec are often limited \u2013 sometimes the recommender doesn\u2019t know you that well or hasn\u2019t known you that long. We came up with the idea of an EQ endorsement. Someone who knows you well provides an example of your emotional intelligence.<\/p>\n

We\u2019re hoping to get good insight into what makes people tick \u2013 almost a preview of the interview. We\u2019re really looking forward to the responses! Applicants are always looking for ways to tell their stories and differentiate themselves. This is another opportunity to do that. You can ask anyone aside from a family member. It opens up a wide playing field. The basic prompt will be a definition of EQ, and then ask for a specific example\/instance that shows EQ.<\/p>\n

Can you describe the Pick Six essay?<\/strong> [12:40]<\/p>\n

We\u2019ve had our creative essay for over 15 years. It\u2019s been pretty wide open \u2013 given people a lot of flexibility. What we discovered over time is that the medium can cloud the message \u2013 we thought it would be good to provide a little more structure, without getting in the way of applicants expressing themselves. This prompt is six images (that you get to choose) with six short captions.<\/p>\n

There\u2019s a lot of flexibility to show a lot of who they are \u2013 multiple aspects and vantage points. For an applicant, it\u2019s a great opportunity to express themselves and differentiate themselves, in a format that\u2019s very familiar.<\/p>\n

The former creative essay prompt seemed to be an opportunity to go deep into one aspect of your profile. Do you anticipate people using the \u201cPick Six\u201d to go broad instead?<\/strong> [18:14]<\/p>\n

You could go deep into one topic, or broad (highlighting several different ones). I think it\u2019s one of the advantages \u2013 it gives the opportunity to go deep or broad or some combination. I think it gives more options than the creative essay.<\/p>\n

I\u2019m not a creative or visual person. Any advice for me on this prompt?<\/strong> [19:45]<\/p>\n

Do you have pictures in your home? On your phone?<\/p>\n

I don\u2019t think it\u2019s so much about being an artist or being visual \u2013 but about what strikes you and what\u2019s important to you.<\/p>\n

I wouldn\u2019t be surprised if we see graphs, charts, word clouds, along with images.<\/p>\n

Can you tell us about the two new, one-year, specialized MBA programs at NYU Stern \u2013 the MBA in Technology and the MBA in Fashion and Luxury Goods? Let\u2019s start with an overview of each.<\/strong> [22:20]<\/p>\n

What makes them unique is that they are full-time programs, MBA programs, focused on a specific industry specialization. They are one-year programs.<\/p>\n

We thought about accelerating industries that didn\u2019t exist in their current form when the traditional MBA developed \u2013 does the two- year MBA make sense for them? It works great for traditional MBA routes.<\/p>\n

We analyzed recruitment structures. For fashion\/luxury, internships are more variable.<\/p>\n

In both fashion and tech, there\u2019s a unique skillset: technical\/specialized skills plus management training. So the programs focus on that combination.<\/p>\n

Instead of a summer internship for fashion, we built experiential learning right into the program \u2013 it\u2019s leverageable and valuable.<\/p>\n

The program is laser-focused, and the internship is baked in. The approach is optimized for these specific industries, so one year makes sense.<\/p>\n

The person it will be good for is the person who has an interest in the intersection of the industry and business, and who has a strong interest in that particular field. You have to have a high level of focus and commitment.<\/p>\n

Is it necessary to be working in tech or fashion to apply?<\/strong> [30:10]<\/p>\n

You don\u2019t necessarily have to have been in the field. In tech, some level of coding is important.<\/p>\n

For both, there\u2019s the possibility that someone has high interest but may or may not be doing it currently. Deep interest and engagement is important, but work experience in the field isn\u2019t a requirement.<\/p>\n

Did your past at L\u2019Oreal help you give feedback on these programs?<\/strong> [32:50]<\/p>\n

A lot of places have a history: Stern is a place with a future. We\u2019re always thinking about what\u2019s next \u2013 is what we\u2019re offering the right thing? Is it optimized?<\/p>\n

The advisory board for tech is a who\u2019s-who of the tech space. On the fashion\/luxury side, we have a fashion lab. The people involved are extremely impressive. It\u2019s a collaboration between education and industry to optimize our programs.<\/p>\n

We want to find out what\u2019s next and what works best. We\u2019re really excited to see our first applicants!<\/p>\n

Does the lack of an internship make these programs not suitable for career changers? Or as long as they can demonstrate commitment to the field, would you consider them?<\/strong> [36:30]<\/p>\n

I would say it\u2019s the latter. There are people who should be working in fashion or tech, but aren\u2019t for whatever reason. But you can see their interest in everything else they\u2019ve done. \u201cOf course you should be in that, why aren\u2019t you yet?\u201d<\/p>\n

They should know at a deep level that it\u2019s exactly what they want to be doing. It\u2019s not for casual interest.<\/p>\n

What is the tech MBA Silicon Valley Immersion?<\/strong> [40:20]<\/p>\n

It\u2019s an opportunity to go out west and spend time with firms out there. It could be a couple of weeks long \u2013 that\u2019s not finalized yet, it depends on which firms are involved.<\/p>\n

We want people to have the opportunity to get out there and work with firms directly. We don\u2019t think the program would be complete without that kind of immersion.<\/p>\n

For fashion, we\u2019re looking at international immersions in the capitals of that industry (Paris, Milan).<\/p>\n

This type of immersion also provides inroads\/exposure for recruiting.<\/p>\n

Do you think grads of the tech MBA are going to work for established companies or start their own?<\/strong> [42:28]<\/p>\n

We anticipate three major paths: product management (working for companies like Amazon or Google); the startup entrepreneurship path; and the FinTech route.<\/p>\n

On the fashion\/luxury side, there\u2019s a range of paths, too. People could work with designers, or work in retail, across a wide range of opportunities.<\/p>\n

What should applicants know\/do now if they\u2019re considering one of the specialized MBAs?<\/strong> [44:00]<\/p>\n

Be absolutely sure it\u2019s the right program for you<\/a>. It\u2019s a lockstep, structured curriculum \u2013 if you want a lot of options, it\u2019s probably not for you.<\/p>\n

Be sure this is the industry for you \u2013 if you\u2019re not all-in, take some time, maybe do an internship, and decide. You really have to be committed and focused.<\/p>\n

It comes back to self-reflection: who you are and what you want.<\/p>\n

When are the deadlines?<\/strong> [47:20]<\/p>\n

For the specialized MBAs, the deadlines are Sept 15 and Nov 15.<\/p>\n

For the full-time MBA, the deadlines are Oct 15, Jan 15, and Mar 15.<\/p>\n

Apply to the deadline of the program of your primary interest.<\/p>\n

And you don\u2019t have to wait for the deadline! Apply when your application is complete and competitive<\/a>.<\/p>\n

\"Click<\/a><\/p>\n

Related Links:<\/strong><\/p>\n

\u2022 NYU Stern Tech MBA<\/a>
\n\u2022 NYU Stern Fashion & Luxury MBA<\/span><\/a>
\n\u2022 NYU Stern Zone<\/a>
\n\u2022 NYU Stern MBA Student, Published Author and Journalist Writes His Way to Success<\/span><\/a>
\n\u2022 Sports, Media, and an MBA: NYU Stern Student Shares His Story<\/span><\/a>
\n\u2022 NYU Stern to Offer a New FinTech Specialization in the MBA Curriculum<\/span><\/a><\/p>\n

Related Shows:<\/strong><\/p>\n

\u2022 Get an NYU Stern MBA: Interview with Admissions Dean Isser Gallogly<\/span><\/a>
\n\u2022 Exploring the Part-Time MBA Options at NYU Stern<\/span><\/a>
\n\u2022 How to Become a Corporate Executive,<\/span><\/a> a<\/span>n Interview with NYU Stern Executive-in-Residence<\/span>
\n\u2022 An NYU Stern Grad and Strat Consultant Helping Vets Get Into School<\/span><\/a>
\n\u2022 From Luxury Marketing to Entrepreneurship: A Talk with Daria Burke<\/span><\/a><\/p>\n

Subscribe:<\/strong><\/p>\n

\"Listen<\/a> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\"Get<\/a> \u00a0 \"Subscribe<\/a><\/p>\n

This article<\/a>\u00a0originally appeared on\u00a0<\/i>blog.accepted.com<\/a>.<\/i><\/p>\n

Applying to a top b-school? The talented folks at Accepted have helped hundreds of applicants get accepted to their dream programs. Whether you are figuring out where to apply, writing your application essays, or prepping for your interviews, we are just a call (or click) away.<\/p>\n

Contact us, and get matched up with the consultant who will help\u00a0you\u00a0<\/i>get accepted<\/a>!<\/p>\n

\u00a0<\/strong><\/p>\n

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