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FROM Accepted.com Blog: Selling Yourself Short? |
Don’t sell yourself short! “I founded a small candy company.” I could see in the faces of my fellow admissions committee members that they were not that impressed with the candidate; none of them had ever heard of “Del Sol Candy,”* and Roberto’s modest description did not make it sound all that impressive an accomplishment. Many times while interviewing international MBA candidates, I have found that some of them sell themselves short, particularly with regards to their work experience. Whether it is because of culture or family upbringing, there is a certain type of candidate who finds it hard to present his or her own professional accomplishments in the best light. This contrasts dramatically with what is expected from MBA applicants; committee members expect candidates to present their best case and promote their accomplishments. This mismatch between the candidate’s culture and the committee’s expectations can sometimes harm the candidate’s chances of admission. A second layer of complexity also arises for some international students: if an American applicant mentions that he or she is a regional manager at Hershey’s, for example, the adcom would have at least an idea of the size of the operation, the level of responsibility, and the selectiveness of the company. If, on the other hand, you come from abroad and your company is not well known in the U.S., the adcom may have a harder time evaluating your work experience. Just by chance, I had been to Roberto’s home city the previous year on a recruitment trip, and I happened to know that the company he had started from scratch was not only the biggest candy maker in the country, but that it exported millions of dollars’ worth of goods to international markets as far away as the Middle East. During the interview I asked him a couple of probing questions about it, and once he started talking about specifics (sales figures, market share, etc.) he became more comfortable. More importantly, the committee was able to assess the magnitude of his accomplishments. If you, like Roberto, feel hesitant to promote your achievements for fear of sounding boastful, you need to be aware of those emotions and make a determined effort to overcome that tendency. It is up to you, the candidate, to provide the school with enough information to evaluate your accomplishments. A good way to overcome any qualms regarding self-promotion is to be ready to provide the adcom with hard data that will document what you have done. If at all possible, do research and be prepared to provide them with a benchmark, a point of comparison with an American company, or at least some details of the level of the operation, but most importantly, the size of your responsibilities. By preparing yourself with facts, you will dramatically improve your chances of admission and, later on, your employability prospects for internship and beyond. By Esmeralda Cardenal, previously the Associate Director of Admissions at Yale SOM, Director of MBA Admissions at MSU Broad, and consultant at Cardiff Business School in the UK. She is happy to help you showcase your achievements in your MBA application. Related Resources: • The Quick Guide to Admissions Resumes • 4 Application Strategy Tips: Stand Out AND Fit In • 4 Ways to Show How You’ll Contribute in the Future Tags: Admissions Consulting, College Admissions, Grad School Admissions, international student, Law School Admissions, MBA Admissions, MBA Interview, Medical School Admissions The post Selling Yourself Short? appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: What Are My Chances? Research Analyst Interested in Luxury Corporate Strategy |
This blog post is part of a series of MBA profile evaluations called “What are My Chances?” by Michelle Stockman. For this series Michelle, who started consulting for Accepted in 2007 and worked previously in the Columbia Business School admissions office, provides selected applicants with school recommendations as well as an assessment of their strengths and weaknesses. If you would like Michelle to evaluate your profile at no charge and as part of this series, please provide the information requested at https://reports.accepted.com/what_are_my_chances. PROFILE: Akanksha, Indian research analyst at consulting firm seeks future in luxury corporate strategy. It’s not enough to be a leader in an extracurricular role. - PROFESSIONAL BACKGROUND: 20-something Indian female who graduated in 2012 from University of Delhi with a business finance degree. Describes herself as a “quasi-consultant” currently working at a professional services consulting firm in Delhi for a US-based client. Why do you describe yourself as a “quasi-consultant?” Either own the full term “consultant”, or drop it. It makes you sound young and whimsical. From what I can gather, you’re a smart, eager businesswoman. That shows both in the awards you’ve racked up at work and from your go-getter attitude as an entrepreneur. You’re in a tricky situation as a research analyst, however, as it’s sometimes difficult to describe leadership experiences, and quantify how much impact your work has had. First of all, leadership. You are a leader in an extracurricular role where you work. But what about the money-making part? Have you ever stepped up to take the place of a manager on a project? Did you ever disagree with a superior on the direction of a project and have to win him/her over as a stakeholder? In your essays, you want to show how you punched above your weight as an effective, yet diplomatic leader on actual client work. Also, be sure to highlight if you have received any promotions in title in the two years you’ve been at the consulting firm. Next, your impact. Can you check back with your clients to see if any of your research has been acted upon? Also, in your recommendations, your recommenders need to comment on how you stood out above and beyond your peers in terms of smarts and leadership. You can’t write these letters for them–but there’s no harm in giving them a one-page achievement summary as a reminder of why you’ve won all those awards. - GOALS: Move into a corporate strategy role at a large CPG or luxury firm. With your work trajectory and your sideline in jewelry, this appears to be a solid goal. You need to draw a closer connection to any consulting work you have done on consumer products to show experience. Also, try to spruce up the website for your jewelry sales. Right now it doesn’t look very luxury. The pieces are attractive (a bit difficult to see because the photos are so dark), but more of a casual style instead of high end. If you’re going to highlight that as evidence of a trajectory toward the luxury market–it’s not quite there yet. - GMAT: Not taken yet. Aiming for 700-720. Aim for a 720 or above. That will give you more options. - GPA: 71%. First class honors. This is a solid, respectable GPA. No worries here. - EXTRACURRICULAR: Heads the ‘fun’ employee engagement club at her firm, comprising a team of >10 individuals. In October 2012, undertook a 5 day, 55 km trek in Northern India. Also holds a junior diploma in Hindustani Classical Music. These are great, but nothing truly special or stand out. However, depending on the schools you end up choosing, you could talk about the discipline you developed in training in Hindustani music, and how that drive has bled into other aspects of achievement in your life. - EXTRAS: Runs a bespoke jewelry business with mother, serving clients in India and overseas. See above, under goals. - SCHOOLS: Because you haven’t taken the GMAT yet, I will only recommend schools that you should research: Wharton, Kellogg, NYU, Tuck, Ross, HEC, Emory. Overall I find your profile intriguing, and I’d send you on for a second read if you’ve got convincing stories of leadership and ingenuity in your essays. Michelle Stockman is a professional journalist, former Columbia Business School admissions insider, and experienced MBA admissions consultant. Related Resources: • Your 3-Part Plan to Dominate the GMAT • How to Show the Adcom that You are a Leader • What are My Chances? Latina Software Developer Moving to Marketing Tags: MBA Admissions, What Are My Chances The post What Are My Chances? Research Analyst Interested in Luxury Corporate Strategy appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: MBA Admissions A-Z: U is for Undergrad Grades |
3 Steps for Handling a Low Undergraduate GPA Grades show whether you previously performed well in an academic setting. If your college GPA is low, then you need to provide evidence that even though you may have faltered back then, now you’ve got you’re A-game and are capable of academic excellence. But how? The following 3 steps will help you overcome a low GPA and present a solid case to the admissions board that you mean academic business: 1. Identify. First, identify the cause of your low GPA. Is it low because you partied a little too hard your first two semesters, but then buckled down after that and worked to pull up your low freshman GPA? Or did you start out high and then get really lazy and bored with school your senior year and let things spiral out of control? Or is it possible that your low GPA is truly an indication that your workload was too challenging and that you’re not school material? Or perhaps you were dealing with a serious illness or family problems? Or maybe back then you just weren’t motivated to succeed? Once you understand why you have a less-than-impressive GPA, you’ll have an easier time figuring out what to do next (Step 2) and how to explain the situation (Step 3). 2. Ameliorate. Once you determine that you are motivated this time around and are capable and competent academically, then it’s time to take action to improve your profile. (And if after deep introspection you decide that school is just not for you, then consider yourself lucky that you figured that out now and not after you’ve paid $100,000+ on even more schooling.) Obviously, you can’t go back and raise your undergraduate GPA, but there are steps you can take NOW to show the adcom that your undergrad GPA doesn’t define your current academic abilities: • Take a few business-related, college-level courses and earn A’s in them. • Ace the GMAT. 3. Explain. There are three places in your MBA application where you may want to address a low GPA: the optional essay, the required portions of the application, and your letters of recommendation. In a non-whiny, non-defensive tone, you can clearly and straightforwardly explain why your GPA is lower than it should be in the optional essay. Perhaps there was a death in the family one semester or maybe you had emergency surgery that left you on bed rest for three weeks mid-semester. Or maybe you just didn’t realize the importance of grades until halfway through your sophomore year and by then your GPA had taken a serious hit. Or maybe you worked thirty hours a week to support yourself. Let the reader know the context of your grades. Write honestly and write well. In other parts of the application, show the skills that your transcript hides without drawing attention to the grades. For example, if you did not do well in Econ 101 or college math classes, but now are do some really heavy lifting in terms of financial modeling, then either in your resume or in a required essay, write about a quantitative challenge that you handled with elan. Regarding letters of recommendation – getting a supervisor to vouch for your maturity and abilities is probably one of the best things you can do to bolster your case. Again, if you had poor grades in classes requiring a lot of writing, ask your boss if she can comment positively on your communications skills. If you had poor quant grades, ask if she can praise your quantitative analysis of a complex project. In either case, your boss doesn’t have to reference the negative you are trying to overcome – just the positives you want to bring out. Related Resources: • MBA Admissions Tip: Dealing with a Low GPA • How to Handle a Low GMAT Quant Score • How to Handle a Low GMAT Verbal Score Tags: GPA, MBA Admissions, MBA Admissions A-Z, weakness The post MBA Admissions A-Z: U is for Undergrad Grades appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: So, Your GMAT Score Isn’t Quite A 780… |
What?! You have a low GMAT/GPA score and still haven’t signed up for the Get Accepted to Top B-Schools with Low Stats webinar? Consider this post your personal reminder to reserve an hour of your time and attend THE webinar that will help you overcome your less-than-desirable GPA or GMAT score and apply successfully to your top choice MBA programs! The Details: Date: Wednesday, April 22, 2015 Time: 10:00 AM PT/1:00 PM ET Registration link: Get Accepted to Top B-Schools with Low Stats (Registration is free, but required.) Tags: GMAT, low stats, MBA Admissions, webinar The post So, Your GMAT Score Isn’t Quite A 780… appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: 4 Tips for the New MBA Admit |
Preparing now and hit the ground running when classes start. Do you think you’re done with my advice now that you have received that acceptance letter? Not so fast. I still have a tip or two for you. There are a few things you can do to prepare for your MBA studies and enhance your chances of getting a great internship and ultimately post-MBA job. Take note of the following 4 tips: 1. Consider a pre-MBA internship. Especially if you are a career changer, consider asking your employer if she can give you an internship more related to your post-MBA goals. I know there aren’t too many employers that will do so, but some will. If yours is one of them, take advantage of the opportunity. Your employer will have a motivated employee until the last day and you will have a valuable learning experience…along with a satisfied employer. 2. Use the next several months to explore your intended fields. Set up information interviews with people in your field to find out what courses they found most valuable when they were in b-school. Ask about good internship options and typical career paths. Remember: You are not asking for a job or internship at this point, just information. But I have heard of informational interviews leading to internships and jobs. 3. Allow yourself time to unwind and have some down time before starting your MBA. Financial reality may dictate that you work until the last minute, but if you can, give yourself time to vacation, travel, or relax. 4. Plan living logistics at business school before business school starts. Set up your apartment, open a bank account, figure out where the supermarket, post office, dry cleaners, and hairdresser are. Follow these tips to hit the ground running when classes actually start. Related Resources: • Get Accepted in 2016 – 7 Steps to a Strong MBA Application – webinar • How to Find the Ideal Internship • The MBA Family: A Roundup and Overview Tags: MBA Admissions The post 4 Tips for the New MBA Admit appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Do Low Stats Sink Your App? |
If you have low stats, you’ll have to be strategic about your application choices. Applicants and Admissions Directors almost always seek the same thing. Applicants want to be desired by Admissions Directors and Admissions Directors want their schools to be desired by applicants. Applicants want to optimize their ability to gain admission to the highest-ranking school that fits their education/career needs, and Admissions Directors want to optimize their ability to climb in the rankings, so that applicants will continue to find their schools desirable. Logic has it that if Admissions Directors can change the input of the rankings by increasing test scores and GPA (a metric that fails to take into account the school of origin and the rigor of the curriculum), then the school should climb in the rankings. However, in a year like 2015, where 20% of the schools that consistently see 80% of the applicant pool all had double-digit application increases, we know the schools will stay relatively the same in the rankings. In fact, the USNews ranking hasn’t changed dramatically over the years for this very reason: the schools move in a group. It’s a vicious cycle that often leaves incredibly gifted and desirable applicants in the dust. It’s also a vicious cycle that leaves incredibly forward thinking/innovative schools in the dust. If you are an applicant with high aspirations and low statistics, you need to be strategic about your actions and your application choices but there are also several things you can do to improve your chances of acceptance. 1. Request an assessment: Obtain a realistic assessment from an admissions officer or an admissions consultant. The assessment should give you an indication of schools that would be stretch for you, schools that match your qualifications, and schools that you should select as safeties. You would be surprised to learn the number of C-level executives and successful entrepreneurs who attended safety schools. 2. Cast your net widely: Note that the larger the class, the better an admissions director can hide his or her lower statistic candidates. Look at the Forbes wealthiest individuals and aside from the over-proportional number of drops outs (note: I believe in education opening doors and do not condone dropping out of school even if you are Bill Gates, Larry Ellison, Marc Zuckerberg or Sheldon Adelson), you will see a lot of billionaires that attended schools that many prospective students don’t have on their radar. 3. Be proactive: if your grades tanked, take classes to mitigate concerns before you apply. If your scores tanked, obtain tutoring you need to bring your score up (tutors have helped my clients increase their scores dramatically in just a few hours of intense study). 4. Show your interest: Visit the school. Get to know students and alumni who can go to bat for you on your behalf. 5. Be interesting: One-trick ponies don’t make for interesting reading. The Art of Admissions is very much like blind dating. It’s up to you to get the admissions committee interested in eating a 5-course meal with you rather than speeding through a cup of coffee. 6. Make a compelling case of acceptance. Show fit with the school’s culture, strengths, and values. Reveal leadership, contribution, impact, innovation, and a track record that will cause the admissions readers to say “Wow!” As an admissions director, I was more likely to invite the person behind an interesting, well-written application for an interview – regardless of stats. If a candidate could engage me in the interview, I would recommend a well-spoken, witty candidate over someone who had high numbers and offered only one dimension. Of these lower statistics students whom I accepted, many have become successful business people – and some of the most prestigious alumni. By Natalie Grinblatt Epstein, an accomplished Accepted.com consultant/editor (since 2008) and entrepreneur. Natalie is a former MBA Admissions Dean and Director at Ross, Johnson, and Carey. Related Resources: • That GMAT Score: Implications for Your MBA Application, a free webinar • Low GPA? Don’t Panic…Yet. • MBA Rankings: Why Should I Care? Tags: low stats, MBA Admissions The post Do Low Stats Sink Your App? appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Small San Diego B-School Gets Big Boost |
On April 9, the Rady School of Management at UC San Diego announced a new $100 million gift from philanthropists Evelyn and Ernest Rady—one of the largest donations ever to a US business school, and especially significant given the small size of the program, which was founded only a decade ago. The Rady Family Foundation has previously made several large gifts to the school, including $30 million in 2004, which helped establish and grow the business school at UCSD. According to Robert Sullivan, the Dean of the Rady School, the new gift will go towards attracting top faculty, endowing scholarships and fellowships to bring in high achieving students, developing institutes, and creating a new master’s program in “Big Data.” The school hopes to continue capitalizing on UCSD’s strengths in innovation and the health sciences. The Rady School is a small program (only 57 entering MBA students in 2014), with a high proportion of international students. For the most recent class, the median GMAT score was 680 and median GPA was 3.4. Tuition for California residents is $44,000, and $49,000 for out-of-state students. In addition to the full and part-time MBA programs, the school also offers a PhD and Master of Finance, and will soon launch master’s degrees in Business Analytics and Accounting. The most recent Rady gift will help develop these programs as well. Evelyn and Ernest Rady are active in the San Diego community and have funded many organizations, including the Rady Children’s Hospital, Scripps Health and the Salk Institute for Biological Studies. The Rady School has been steadily rising in the rankings—placing 51st overall in BusinessWeek’s B-School rankings in 2014, and 1st for Intellectual Capital. With this substantial gift, the university and the Rady School will have the means to grow their young program and continue to build their reputation. Related Resources: • Best MBA Program: A Guide to Selecting the Right One • Business School Zones for Top Programs • MBA Rankings: What You Need to Know Tags: MBA Admissions The post Small San Diego B-School Gets Big Boost appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: 6 Tips for Applying to Business School with Low Stats |
Can you show the adcom an upward trend? For most business school applicants, “low stats” are GMATs and GPAs at the lower end of or below the mid-80% range for a given school. It may be difficult to find average GPAs, but if you have a 2.6, you know it’s low for almost any MBA program. Except for the most elite schools, where the number is higher, a GPA below 3.0 warrants a deliberate effort to counterbalance. Here are 6 tips for applying with low numbers: 1. Analyze your situation. Which numbers are low – test score (GRE or GMAT), GPA, or both? If your GPA is low, did you have an upward trend that would show the committee you improved during college? Did you have one bad semester that pulled you down? If the problem is your test score, is there one section that is stronger than the other? 2. Address low quant scores (GMAT/GRE and transcript) by: taking additional courses for higher grades; highlighting your quant-oriented achievements in your essays; and asking recommenders to confirm your quantitative ability. 3. Address low verbal scores (GMAT/GRE and transcript) by: writing fantastic essays; taking additional courses that focus on business communication or involve substantial writing; and asking recommenders to comment on your communication skills. 4. Make your essays count! Draw on examples of your accomplishments, leadership skills, and exceptional impact to counterbalance the low scores. 5. Pick the right schools to apply to. Some schools are more focused on numbers, while others are known for a more holistic review. 6. Consider the optional essay. If your scores are below the 80% range, you’ll probably want to acknowledge and provide context for your situation. The optional essay provides an opportunity to briefly explain the circumstances behind your scores. If you write the optional essay, make it short and straightforward. Provide a brief explanation, take responsibility, and focus on evidence of your talents that counters the impression made by the low stats. Also, explain (or, ideally, show through example and anecdote) that either you have dealt with the problem causing the poor grades, or the circumstances no longer apply. See you at our webinar! Related Resources: • Navigate the MBA Maze • Do Low Stats Sink Your App? • Should You Retake the GMAT? Tags: GMAT, low stats, MBA Admissions The post 6 Tips for Applying to Business School with Low Stats appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: An Interview With Our Own: Dr. Rebecca Blustein |
Rebecca and Alex Trebek. Rebecca was a contestant on Jeopardy in March 2012. She came in second place! Curious about the life and times of our spectacular admissions consultants? Please enjoy our newest blog series in which we interview the fabulous people who make up the Accepted.com staff. First up is…Dr. Rebecca Blustein. Accepted: Can you tell us a little about yourself? Where and what did you study as an undergrad? Do you hold any graduate degrees? Rebecca: I earned my BA at UCLA (with a double major in English and Comparative Literature). After that, I went to Ireland for my MA in Old and Middle Irish. Then I returned to UCLA for my PhD in Comparative Lit. I’m a California native – I grew up in Oakland and now live in Los Angeles with my husband and two cats. Accepted: What’s your favorite non-school/non-work book? Rebecca: Hmm…that’s tough – there are too many to choose! I read almost constantly. (My Kindle is my insomnia buddy!) For light reading, I like mystery novels. To cheer me up if I’m having a bad day, PG Wodehouse is unbeatable. (I have a shelf full of his books.) And every once in a while I come across a book I think is so good I flip right back to the beginning and read it again as soon as I finish it. (Most recently: Hilary Mantel’s Bring up the Bodies.) Accepted: How have your travels around the world influenced you as a writer? Rebecca: In addition to living in Ireland for a year, I spent a summer in Russia and a month in Israel, and backpacked around Europe. I think that studying languages made me a better writer, and traveling made me a sharper observer. Accepted: Can you talk about the road that led you to becoming an admissions consultant for Accepted? What jobs and experiences led you to this point? Rebecca: During grad school, I took a job working as a counselor at the scholarship office on campus. That work – leading workshops, coaching students on their personal statements, helping them find funding for school, etc. – made me realize I really love working one-on-one with students to help them improve their writing and achieve their goals. Accepted: What’s your favorite thing about consulting? Rebecca: I enjoy working with people who are really excited about their plans for grad school – and it makes me happy to be able to help them through the process. Accepted: How did funding applications become one of your specialties? Rebecca: I worked at UCLA’s Scholarship Resource Center for four years before joining Accepted. I also successfully applied for various types of funding myself – so I know, first of all, what goes into the process, and second of all, what a big difference scholarships can make. With tuition rates what they are – across all disciplines and at all levels of study – scholarships are a great way of lowering loan debts and increasing access. Accepted: What sorts of applicants do you mostly work with? Rebecca: Master’s and PhD, across all fields. I also often work with medical and dental school applicants. Accepted: What are your top 3 admissions tips? Rebecca: Research your options. Plan ahead. And stay organized. Learn more about Rebecca and how she can help you get accepted! Related Resources: • Graduate School Admissions Consulting and Editing Services • Med School Admissions Consulting and Editing Services • Plotting Your Way to a PhD: 6 Topics in PhD Admissions, a free admissions guide by Dr. Rebecca Blustein Tags: Accepted Admissions Consultant Interview, Admissions Consulting, College Admissions, Grad School Admissions, Law School Admissions, MBA Admissions, Medical School Admissions The post An Interview With Our Own: Dr. Rebecca Blustein appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: The Admissions Team At The Very Center Of Business |
If Columbia Business School is the name you doodle on back of your notebooks, then you’ll want to get to know the folks who hold the key to acceptance. Click here to listen to the recording of our conversation with the CBS admissions team – although they sound more like a family- and find out what the masterminds who shape the MBA class have to say about the admissions process and Columbia B-School. 00:03:18 – Meet the Columbia Business School Admission Team and hear why they love their jobs! 00:08:00 – An overview of the 2-year MBA Program at Columbia. 00:11:04 – What the J-Term is and who it’s for. 00:14:55 – A preview of the 2015-16 application, and what they’re looking for in this year’s essays. 00:18:07 – No longer a pilot program: No-cosignor loans available for international students. 00:20:58 – Why apply early decision. 00:24:13 – The journey of a submitted CBS application. 00:27:07 – The format and purpose of a CBS interview. 00:30:00 – Great features of CBS that the adcom members wish prospective students would know about. 00:36:47 – Suggestions for waitlisted applicants. 00:39:44 – Rejection does happen. What next? 00:44:27 – Ingredients of a successful application. 00:48:38 – The most common MBA application mistake. (But you won’t do this, right?) *Theme music is courtesy of podcastthemes.com Related Links: • Columbia MBA Admissions• Columbia J-Term• Columbia JTerm app to be Released Early• Experiences & Advice from Columbia MBA Student Kendall Miller• Columbia 2014-15 MBA Essay Tips and Deadlines• Get Accepted to Columbia Business School – free webinar recording Related Shows: • • The Facts About Financial Services • Exploring the Part-Time MBA Options at NYU Stern• At the Nexus of Business & Law: Penn/Wharton’s JD/MBA• Bruce DelMonico on The Yale School of Management Tags: Admissions Straight Talk, Columbia Business School, MBA Admissions, podcast The post The Admissions Team At The Very Center Of Business appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Making Friends with the GRE: How To Overcome Test Anxiety and Perform at Your Best |
“I can’t stop trembling….can’t eat….cry for little or no reason….I am so nervous.” All of this from Janelle, a prospective graduate student on her response to scheduling a GRE test date. I was not surprised that Janelle was nervous as almost all prospective graduate students are a bit anxious about admissions’ tests. However, Janelle took “anxious” to a whole new level. It was clear to me that I would need to develop a somewhat different plan of action to successfully help Janelle perform at her very best on this exam. My first step was to listen carefully as Janelle shared all her feelings and fears. She said that she actually felt better just by having someone listen without judgement. I told her that I would brainstorm some options and we scheduled a follow-up meeting. I decided to “borrow” some of the techniques I use to deal with speaker anxiety in the public speaking classes that I teach at the undergraduate level. I was planning to use cognitive restructuring– changing the way we think about something. At our next meeting I told Janelle that I had developed a three stage strategy to position her for success. I asked her to think about the GRE process like the development of a relationship. In other words going from the acquaintance level to friend level to intimate level. We were going to “Make Friends with the GRE.” Here’s how we did it: STAGE 1: Aquaintance Level—-This is the “getting to know you” stage of the process. • Understand the GRE Testing program- Research the GRE general test and the discipline-specific subject tests especially in terms of available test administration dates, time limitations on retakes, score delivery options, etc. • Determine which tests are required by the schools/programs of your interest—Check the admission criteria and the application deadlines to determine which tests are required and the application deadlines so that you can schedule the appropriate exams to meet all of the criteria of the school/programs of your choice. Keep in mind that while the GRE general test has multiple test administration sites and dates, the GRE subject test administrations are often scheduled only 2 or 3 times per admission cycle. Advance and careful planning is necessary to meet these deadlines so that you do not find yourself in a situation where your application is not complete by the deadline date. Many programs will only review complete applications. • Learn even more by surveying and requesting feedback from others who have taken the exam. They may well have some tidbits of advice for you. They may alert you to specific pitfalls to avoid. Keep a list for future reference. STAGE 2: Friendship Level— This is the “let’s become friends” stage of the process. • Visit the ETS website to learn about the GRE subject tests offered and to access the associated subject test review books which will provide details on the content areas for the test, the weights assigned to each topic, as well as a practice test. This will provide you with a guide on what to study as well as how much time to allocate to specific topics. The subject test practice book can be downloaded from the web free of charge or will be mailed when you register for the exam. • To prepare for the GRE general test, you should invest the time to diagnose the skill areas that need the most attention by identifying areas of weakness that require intensive review. These may include, but are not limited to, reading for meaning, analyzing and general organization of your ideas in short essay format, general mathematics, algebra, geometry, charts, etc. • Take advantage of the diagnostic services offered by ETS which includes GRE’s Diagnostic Tests and Score It Now!, the online writing practice. Check out these low cost options on the ETS website. • Make use of the GRE Powerprep software for reviews of the verbal and quantitative measure sections of the GRE exam. • Be prepared to write 2 timed essays. One essay will present your perspective on an issue and the second essay will assess your ability to analyze an argument. You can practice typing an essay response under timed conditions using GRE Powerprep software or you can pay for Score- it -Now! for online writing practice. The analytical writing measure serves as an assessment of critical thinking and the following analytical and writing skills: articulation of complex ideas, clear and effective examination of claims and evidence, supporting ideas with relevant reasons and explicit examples, preparing a well-focused and coherent discussion, and displaying mastery of standard written English. • Throughout this entire stage use positive self-talk as a confidence booster. Place the emphasis on all of the progress you have made and continue to make. (On a side note, I made sure that I was always available for confidence boosting and positive feedback) [b] STAGE 3[/b]— Intimate Level—- this is the commitment stage of the process. • Become comfortable taking a computer delivered, timed, online exam by practicing in that type of environment. If you only practice using a review book, the new delivery format may increase your level of anxiety and, as such, may impact your performance. • Look back at how far you have come and continue to invest in the relationship you have established. You may even learn to enjoy the challenge and the rewards that the relationship may bring. • Last but not least, allow yourself enough time for the relationship to strengthen (prepare and study for the exam) and take hold. At this point I am sure you are wondering if Janelle was successful. Yes she was–she handled the stress very well and was accepted to her top choice schools. I was certainly proud to have helped her achieve her goal. By Carol Drummer, Former Hofstra University Dean of Graduate Admissions, who for 10 years reviewed and signed off on over 4500 admissions decisions per year and has taught communications and rhetoric since 1991. Related Resources: • The GMAT, GRE and the Guy Who Knows Them Well • Should You Take the GMAT or the GRE? • Why You Don’t Need a Perfect GRE Score Tags: Grad School Admissions, GRE, MBA Admissions The post Making Friends with the GRE: How To Overcome Test Anxiety and Perform at Your Best appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Catching Up with Dartmouth Tuck Student Dominic Yau |
This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. And now for a follow up interview with Dominic Yau, who is about to complete his first year at Dartmouth Tuck. (We first met Dominic last year – you can read our first interview with him here.) Accepted: Since we last spoke you applied to a bunch of b-schools. Where did you end up getting accepted and where are you currently attending? Dominic: I ended up being accepted to the Tuck School of Business at Dartmouth, and I am currently a first year there. Accepted: How has it been so far? Is b-school as you expected it to be? Any surprises? Dominic: First year has been phenomenal. It has been everything I expected and more. On the academic front, I have definitely been challenged both from a breadth perspective. Tuck is a general management program and therefore the core curriculum covers all the key facets of a general manager’s toolkit. On the recruiting side, it has been a very intense but rewarding experience. I knew going in that I wanted to go into management consulting but also explore a couple of other things. Tuck has given me the opportunity to explore and understand what I wanted out of my career. Outside of the classroom and recruiting, I have been involved with a lot of clubs and other events from playing (tripod) ice hockey to hosting a UK table at the international dinner during our Diversity Conference. There is such a wide variety of things to get involved that the hardest thing is to pick and choose what you want to do. Overall, my first year so far has been fantastic. Looking back, one thing that I am surprised by is some of the non-technical skills that I have learnt. One example is being more efficient at making trade-offs when you have limited time. Rather than waste time thinking about what I could be doing, I have gotten much better at deciding on what I want to do and how to use my time most effectively. I think this will be a valuable lesson in my life and in my career going forwards! Accepted: Why did you choose Tuck? How is it the best fit for you? Dominic: I chose Tuck because of its location, size, and community. I did my undergrad at a campus university and I knew I wanted a similar experience. Also coming from a large city like London and most likely working in large cities post-MBA, it was a great way of taking two years and doing something slightly different. Tuck’s size was also a big draw for me. I know pretty much all of the first years and I have had interactions with a large percentage of the second years. This simply is not the case at some other schools. Tuck’s size also closes the gap between the school and its students. I can drop into our program office with any queries or reach out to meet one-on-one with another of the faculty at very short notice. Finally, the community at Tuck is very strong. People go out of their way to help each other and support each other. I am surprised by the strength of the community on a daily basis. Accepted: If you could change anything about the program, what would it be? Dominic: There is not a lot I would change about Tuck. One area that I think Tuck is addressing and needs to continue to address to focus more broadly on global issues. It is great that the Class of 2017 will now have a requirement to undertake at least one trip or project globally during their two years. I think as globalization continues, it is deeply important to have the cultural sensitivity and the ability to work across borders. Accepted: Are you involved in any clubs on campus? How central to student life is club involvement? Dominic: I am a wine aficionado and I will be a co-Chair of the Wine Club next year. I also play tripod hockey. Overall clubs are an important part of the Tuck experience but I find that some of my best experiences are typically more ad hoc. Due to our class size, I know the folks who have similar interests as myself so it is very easy to find others who want to go for a hike, play pond hockey, try out local eateries, etc. Accepted: Do you have an internship lined up for the summer? What role did Tuck play in helping you secure a position? Dominic: I will be interning this summer with one of the Top 3 consulting firms in New York. I have had great support during my internship recruiting from the Career Development Office (CDO), my classmates, and the alumni network. The CDO has been instrumental in helping me over the last few months from practising cases and fit questions to more general advice about managing the recruiting process. As for my classmates, the second years have devoted a lot of time to first years in helping them get ready for case interviews. Finally, I cannot say enough about Tuck’s alumni network. Typically, I get a response within 24 hours of reaching out to an alumni. They are also very gracious with their time. I had a call with an alum during his layover at an airport between flights back from a client. I also had mock interviews with several alums during the Christmas break when they should have been relaxing. I think this speaks volume to Tuck’s alumni network. Accepted: Now that you’ve successfully applied to and gotten into b-school, you must have some good advice for our readers. What are your top 3 admissions tips? Dominic: My 3 top tips are: 1. Be yourself 2. Be prepared 3. Find the right fit For one-on-one guidance on your b-school applications, please see our MBA Application Packages. To read more about Dominic’s b-school journey, please check out his blog, Domotron. Thank you Dominic for sharing your story with us! Related Resources: • The Tuck School of Business and the Global Insight Requirement • Dartmouth Tuck 2015 MBA Questions, Deadlines, Tips • MBA Student Interviews Tags: Dartmouth Tuck, MBA Admissions, MBA Student Interviews, Med student blogger The post Catching Up with Dartmouth Tuck Student Dominic Yau appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: 4 Things To Do If You Can’t Define Your MBA Goals |
Your post-MBA goals should be a guiding light in the application process. Top MBA programs are looking for candidates who’ve got their heads on straight and have a clear idea of how a business degree will help shape their futures. It’s for this reason that the MBA goals essay is such an important element in the b-school application. So what do you do if you don’t know what your post-MBA goals are? What should you do if, say, you are a career changer and know you want to acquire the skills that a business program will provide, but aren’t exactly sure which career direction you want to take post-graduation? And finally, is it worth it to spend time exploring your post-MBA options (trying out different jobs or shadowing people in different professions) so that you can apply with a confident MBA goal, or is it better to try and jump right into a program, even if your goals are undefined? Whoa. You have a lot of questions! Here are the answers: Yes, your post-MBA goals should be a guiding light in the application process, certainly the school selection part of it. And it’s not only worthwhile to spend time determining a post-MBA direction, it’s mandatory. You need to know why you want to devote time and money to an MBA before you apply. Undefined goals could transform your MBA investment into a painfully large expense. Consider the following 4 tips to help you sort through the no-goal conundrum: 1. Think about what you like and dislike in your current and past jobs. Make a list of what you would like more of and what you would like less of. 2. Talk to people in positions you find attractive. Talk also to those who work in fields different from your own. Take friends out for coffee and conduct informal interviews or email a list of questions to people you know who have jobs that interest you. 3. Consider hiring a career counselor. (We can send a few names your way if you contact us – just mention that you read this post so we know how you got to us.) 4. Once you have narrowed down the number of possible goals or have some direction, look at the career listings of the larger employers in those areas. Read a few profiles of younger employees hired for those jobs, and see if you can network your way into talking to someone in the positions you find attractive. In short, having no direction at all will make adcoms wonder why you’re putting the time, effort, and money into pursuing an MBA. They will also be very concerned that you will have difficulty finding an internship and ultimately a full-time position when you arrive on campus, floundering or mystified as to what you want to do. They don’t expect your goals to be carved in stone and they know you may develop new goals, but flexible is not the same as clueless. They want the former, not the latter. Related Resources: • Why MBA, a free admissions guide • Hone Your MBA Goals, a shovideo • What You Must Know Before Meeting Admisssions Directors Tags: career changers, MBA Admissions, MBA career goals The post 4 Things To Do If You Can’t Define Your MBA Goals appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: An Interview with Our Own: Robbie Walker |
Curious about the life and times of our spectacular admissions consultants? Please enjoy our newest blog series in which we interview the fabulous people who make up the Accepted.com staff. Next up is…Robbie Walker. Accepted: Can you tell us a little about yourself? Where and what did you study as an undergrad? Do you hold any graduate degrees? Robbie: I grew up in northern Illinois in an area that my mother’s family homesteaded when they immigrated to America back in the early 1800s. We were a multi-generational household, and my six siblings and I shared many childhood adventures. For college, I chose to attend Northwestern University (Evanston, IL) and studied Political Science. After earning my degree, I joined Real Estate Research Corporation (RERC), a consulting firm which, at the time, specialized in urban economics. I primarily advised governments at all levels (local, state, national) on how to develop and implement projects that would serve as a catalyst for implementing broader objectives. For instance, I led a groundbreaking project for a Chicago suburb that wanted to identify how to equitably assess fees on residential land use developers for the necessary schools, parks, water and sewage use that additional residents would require. I also helped lead a national study to assess the cost-benefit implications of active solar energy usage in residential developments across the United States for the US Dept. of Housing and Urban Development. While working as a consultant, I found I needed a more structured approach to solve related business and financial issues, so I decided to get an MBA. My choice of an MBA program was predicated on a quite specific and individual calculation. First, since I would continue working full-time, my job tied me to a Chicago area school, which limited my choices. Second, I had already earned one degree at Northwestern and wanted to experience a different academic environment. Result: Chicago Booth was my best option. This is not a decision making process I necessarily recommend to my clients! Nonetheless, after several years of hard work and study, I earned my MBA. While working at RERC, I met my future husband, a Japanese citizen who also earned his MBA at Chicago Booth and who subsequently moved his career into a different industry. We married, and when his new company asked him to move back to Japan to direct their Tokyo operations, we decided to accept the offer and moved our growing family to Japan. We lived in Tokyo for about 15 years. During this time, I had to switch my career focus away from consulting, primarily due to language issues but also because I wanted to concentrate on the needs of our young children. I chose to teach English to adults (my clients were primarily career diplomats in the Japanese Ministry of Foreign Affairs and C-level executives of major Japanese corporations) and freelance writing (for whichever publication that accepted my work!). Eventually, my freelance writing expanded to include editing the work of others, with a focus on business and scientific papers. To this day, I continue to write and edit on a freelance basis. I currently write a regular column for two publications, one in Japan and one in Mexico, and contribute to several blogs and news sources. Accepted: What’s your favorite non-school/non-work book? Robbie: It’s impossible to identify my favorite book in any context! Since I’ve always loved reading, I am fairly well read, so all I can say is that in the past few years, I’ve preferred non-fiction to fiction, tend to focus my reading on history and science, and have a particular love of biographies. I do have several favorite fiction authors and, if they’re alive, will read anything new that they publish, and I will also typically take a chance with a new author, especially women, whose book descriptions intrigue me. Accepted: Can you walk us through your journey to becoming an admissions consultant for Accepted? Robbie: My freelance editing work led me to becoming an Admissions Consultant. It started with a friend who handled applications for Japanese applicants to graduate school. She needed help handling her work load during a family crisis and asked if I’d be willing to assist her. Once I said yes, that was it – I was hooked! I loved how admissions consulting combined my knowledge of graduate programs with my ability to advise individuals regarding their particular needs. Most especially, I loved how I can help clients zero in on telling their story in a way that made them unique. (In my opinion, that is the key to the success of my clients.) When my friend decided to leave the business, I explored my options at other firms and was fortunate to be “accepted by Accepted.com.” In the past 8 years with Accepted.com, I’ve developed my expertise in business, law (including LLM), public policy and PhD programs at universities in North/South America, Europe and Asia, as well as expanding my network among AdCom Directors and fellow consultants throughout the world. A consultant’s value is measured in part by providing the most informative, comprehensive and detailed information needed by a client. I work hard to offer my clients all the necessary information and insights necessary to their individual needs. Accepted: What’s your favorite thing about consulting? Robbie: My clients! (That’s an easy question!) Each is unique, each makes me optimistic about the future of business, and each teaches me something, however small. Accepted: Do you miss teaching ESL? How do you think your teaching skills contribute to your work as a consultant? Robbie: When we returned to the US (we naturally returned to the Chicago area, given my close family ties to the area), I taught ESL to adults as an adjunct Professor at a local college. My students came from everywhere in the world; in one class, 16 countries were represented among my 17 students, including the Republic of the Congo, Chile and Bulgaria, to name only three. We moved to Baja, Mexico, when our youngest entered college, but I still teach ESL, although my teaching is now limited to children who are part of the Baja Scholarship Foundation (BSF). I’ve always believed strongly in giving back to my community, wherever I live, and this volunteer work is part of “acting on my word.” The children I teach weekly are quite poor but academically gifted; the mission of BSF is to help them become active participants in their community through funding of their education costs, and my English language instruction is provided as part of that mission. It’s a joy to teach bright, motivated children. And that’s where I see one connection with my clients, who are also bright and motivated, albeit older. I would say that both groups (BSF students and Accepted clients) are among the smartest, most motivated people I’ve ever encountered in my life. It’s a real pleasure to work with them. One major part of teaching is knowing how to draw people out, to get them to experiment with a new idea or concept or way of expressing themselves, so whether it’s with learning a different language or helping people uncover something in their background that is pertinent to a goal they want to achieve, my teaching experience contributes greatly to my work as a consultant (and vice versa). Accepted: What are some of your favorite business school memories? Robbie: My favorite business school memories include the day a professor won the Nobel Prize in Economics, a few life-long friends I met in the process of earning my degree, and my satisfaction at earning decent grades in quant-heavy courses given my decidedly non-quant background. I learned that Chicago Booth is truly oriented to the individual and open to giving a chance to those of us who don’t fit their typical profile. Accepted: What are your top 3 admissions tips? Robbie: I’m going to sound like an AdCom interview here, but learning the answers to these questions is, to me, key to helping my clients gain admission. Number 1: I’m a big believer in goals and demonstrating how an MBA suits a career vision. ‘Why do you really need an MBA’ is almost always my first question for prospective clients. Number 2: Why this school? All of the top schools know what they can do for you, the question is, what can you do for them? Show your fit. Number 3: Why you? What makes you unique? Everyone has a story, and how you tell that story matters a lot. This is where I think I, as an admissions consultant, can make the biggest difference. Learn more about Robbie and how she can help you get accepted! Related Resources: • MBA Admissions Consulting and Editing Services • Law School Admissions Consulting and Editing Services • Why MBA? Tags: Accepted Admissions Consultant Interview, Grad School Admissions, Law School Admissions, MBA Admissions The post An Interview with Our Own: Robbie Walker appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Jon Medved And OurCrowd: The Remarkable Story Of An Entrepreneur |
Time flies. The Admissions Straight Talk podcast has hit the 100-episode mark! And in honor of our big milestone we invited a most exciting guest yet. Want to know what one of the most prominent entrepreneurs of our times has to say about leadership, graduate education, and bodysurfing? For all this and more, listen to the recording of our interview with Jon Medved – CEO and founder of Our Crowd, venture capitalist, and serial entrepreneur. 00:03:43 – Jon’s solution to having too many shoeboxes: The world’s largest equity crowdfunding platform. 00:08:14 – What really matters to a VC when choosing a company to invest in. 00:10:17 – How a history major made it to the top of the business world with no formal business education. 00:14:09 – Qualities that young professionals need to cultivate. (Is luck quality?) 00:21:08 – Graduate education vs. common sense. 00:22:33 – Exciting new partnership between Wharton’s Social Impact Initiative and OurCrowd. 00:24:02 – A preview of the future of business and the world. 00:27:11 – Why Jon loves his job. (Who helps more people, Jon or Linda? Linda says “Jon.”) 00:28:28 – Entrepreneurs: Here is the best piece of advice you are going to get! Want to leave us a Happy 100th message? We’d love to hear from you! *Theme music is courtesy of podcastthemes.com Related Links: • Our Crowd•OurCrowd Partners with Wharton Students to Launch Impact Investing Platform• Wharton Essay Tips• Jon Medved, OurCrowd CEO, Interviewed (Video) Relevant shows: • The Stanford MSx Program for Experienced Leaders • Which Schools are Good for PE/VC and VC-Backed Entrepreneurship • Entrepreneurship at UCLA Anderson • Jeff Reid on Entrepreneurship • Business, Law and Beyond: An Interview with John Engelman Tags: Admissions Straight Talk, College Admissions, entrepreneurship, Grad School Admissions, Law School Admissions, MBA Admissions, Medical School Admissions, podcast, Wharton The post Jon Medved And OurCrowd: The Remarkable Story Of An Entrepreneur appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Applying To Business School Next Year? |
Then you’ll want to check out the recording of our recent webinar, Get Accepted in 2016: 7 Steps to a Strong MBA Application. In the webinar, Linda Abraham paves the way to acceptance to b-school by exploring the things you can do NOW to increase your chances of acceptance later on. When those applications are released, you’ll be ready to tackle them head-on and complete them efficiently and successfully. You’re just 7 steps away from creating your super-strong application (and getting accepted!). Get started now! Tags: MBA Admissions, webinar The post Applying To Business School Next Year? appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Columbia Business School 2016 MBA Essay Tips & Deadlines |
Columbia tweaked last year’s questions for this year. Relatively minor changes. Specifically: • Its short-answer question about your immediate post-MBA goal has gone from 75 to 50 characters. Yes, that was characters, not words. Two years ago it was a generous 100 characters. And those applicants thought they had it tough. • There are wording changes to all the questions. The central focus is the same as in previous years; but nuances have changes. Other than cutting 25 characters from the goals question, CBS has not cut essays or essay length. Still, you will need to make every word, indeed every character, count to really allow your essays to effectively and compellingly present your qualifications. My tips are in blue below. Applicants must complete one short answer question and three essays. Short Answer Question: What is your immediate post-MBA professional goal? (50 characters maximum) Note the character limit. Your response must be less than a tweet. Actually it must be just about one third of a tweet. What do you want to do professionally and in which industry immediately after earning your MBA? Here are CBS’ examples of possible responses: “Work in business development for a media company.” “Join a strategy consulting firm.” “Launch a data-management start-up.” Warning: This question is not asking about intended area of study while in business school or a non-professional goal or even a long-term goal. And the subject is assumed to be you. No need to waste characters by including “I.” Essays: Essay 1. Through your resume and recommendations, we have a clear sense of your professional path to date. What are your career goals going forward, and how will the Columbia MBA help you achieve them? (Maximum 500 words) They already know what’s in your resume. Don’t repeat “your career path to date” here. That’s a waste of essay real estate and means you’re not telling them anything new or answering their question. Do tell them what you want to do after your MBA and what aspects of the Columbia MBA experience will prepare you to do it. Keep in mind that the MBA is a bridge between your past and desired future. Show Columbia why its program is the right bridge for you and now is the right time for you to be traverse this bridge. To answer this question well, you will need to really know the Columbia program thoroughly along with why you want a CBS MBA at this point in your career. The essay that shines will do a great job of showing both fit and self-awareness. Essay 2. Columbia Business School’s location enables us to bridge theory and practice in multiple ways: through Master Classes, internships, the New York Immersion Seminars, and, most importantly, through a combination of distinguished research faculty and accomplished practitioners. How will you take advantage of being “at the very center of business”? (Maximum 250 words) Please watch this video before attempting to answer the question and then keep it in mind as you write. [youtube2]p> Make sure you understand Columbia’s Cluster System. And if you have any lingering doubts whether this question is about professional achievement, watch the video again. It’s not. You can use this essay to bring out something fun that you like to do. Would you try to get your cluster to train for a marathon? Set up a karaoke night? Plan a ski trip? Explore New York’s museums? Or you can reveal something non-professional that is important to you. How have you contributed to social groups or causes in the past? Relate you plans to a past successful initiative, and you will enhance your answer to this question. Or you could take a more serious approach to this question and discuss a challenge overcome. Show that you are a survivor, not a victim and far stronger as a result of this experience. If you take this approach, be careful to avoid TMI (too much information). You will have barely met these people. Optional Essay. An optional fourth essay will allow you to discuss any issues that do not fall within the purview of the required essays. Clearly you can use this optional essay question to address a weakness in your profile or qualifications, but in my mind, this question is also open-ended enough to allow you to discuss a diversity element in your personal background or simply some unique area of interest. Also, tucking a weakness explanation somewhere else would allow you to end the application with a strength and not a flaw. Don’t use this essay as a grand finale or wrap up. And definitely don’t use it to rehash your reasons for wanting to attend Columbia; those reasons should be perfectly clear from the required essays. If you decide to respond to this essay, use it to educate the reader about another talent, interest, or commitment of yours. As always try to show leadership and impact. In short, give them more reasons to admit you. If you would like professional guidance with your Columbia Business School MBA application, please consider Accepted’s MBA essay editing and MBA admissions consulting or our MBA Application Packages, which include advising, editing, interview coaching, and a resume edit for the CBS MBA application. Columbia Business School 2015 Application Deadlines: January 2015 Entry: October 7, 2015 Early Decision: October 7, 2014 Merit Fellowship Consideration: January 6, 2016 Regular Decision: April 13, 2016 *All deadlines are 11:59 p.m. New York Time on the date listed. By Linda Abraham, president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business SchoolsPodcast Interview With the Columbia Business School Admissions Team • Columbia Business School Zone • Experiences & Advice from Columbia MBA Student Kendall Miller Tags: 2016 MBA Application, Columbia Business School, MBA Admissions The post Columbia Business School 2016 MBA Essay Tips & Deadlines appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Learn The Ins And Outs Of B-School Funding |
Whether you’re just starting the process or have already received your acceptance, you know one thing for sure about b-school: it ain’t cheap! Join us for our free webinar on How to Pay for Your MBA, when guest presenter Julianna Young, VP of Operations at CommonBond, will show you: • How to understand the full cost of attendance • How to identify sources of support—scholarships, loans, and more • The mechanics of lending – the terms and calculations you need to know • And much more! The webinar will air LIVE on May 19th at 4pm PT/7pm ET. Register now to learn How to Pay For Your MBA! B-school may be expensive, but the webinar is FREE! Tags: Financial Aid, MBA Admissions, webinar The post Learn The Ins And Outs Of B-School Funding appeared first on Accepted Admissions Consulting Blog. |
FROM Accepted.com Blog: Know Before You Go: Paying for a Columbia MBA |
How will you pay for your MBA? Financing a degree that costs around $200,000 is a daunting task, and personal finance can be a challenging topic to discuss among young professionals. We know how hard it is to start this conversation, so before we show you how to pay for your MBA in our upcoming webinar, we’d like to share the perspective of Sonya*, a Columbia Class of 2015 MBA. Here’s how she’s thought about financing her MBA since the time she was first admitted and how she’d revisit her strategy with a second chance. First, here’s more on Sonya’s background: She came to business school with an audit background from a New York City firm and “felt fine about [her] finances, comfortable enough” when she decided to apply for her MBA. She knew she’d be paying her own way through school. She chose her schools based on location, opting for East Coast programs in order to have better access to New York’s tech startup scene. Sonya submitted her three applications in Round 2 and ultimately received her acceptance to Columbia Business School in February. By April, she decided to attend and put down an approximately $2,500 deposit for tuition. “For two months, I was basking in the glow of ‘hey, I’m going to business school,’” Sonya said. “Then the financial aid office rained on my parade.” Columbia’s financial aid office reached out in June to remind Sonya of loan application deadlines and upcoming payment due dates, and that’s when the cost finally clicked. “I hadn’t really thought of financing until then,” said Sonya. “It certainly wasn’t a factor in my school selection at all,” though she did make sure she applied before Round 3 in order to be eligible for scholarships at her target schools. Sonya quickly crunched the numbers and reviewed her existing savings, including brokerage accounts and retirement savings. She decided to use student loans to cover all of her tuition costs and her savings to pay for her living expenses, keeping some retirement and brokerage accounts intact to provide a cushion post-MBA. After one year as an active MBA student at Columbia – “I loved it!” – Sonya sat down to review her finances again, this time with a crystallized career objective: join one of a handful of NYC fintech startups after graduation. After both summer and in-school internships, Sonya had a realistic idea of what her salary would be on this career track, and salary, she advised, is a number that all prospective MBAs should start with when planning to finance their degrees. “I can still join a startup despite my loan burden, but everyone’s situation is different of course,” Sonya said. The savings she hadn’t touched as an MBA would become a big asset in transitioning to her full-time role. Now that Sonya is just weeks away from graduating Columbia, what’s her advice for new MBAs? “Think about the costs much earlier than I did, perhaps before even applying for school or taking your GMAT. Think, ‘What’s the financial cost involved, and am I pursing a field that will be able to sustain this debt? Is it worth it to get an MBA?’” Sonya has realized that while she’ll be able to pursue her target salary within her preferred startups, there’s a wide, wide range of startup salaries out there for MBAs, and she’s encountered peers who will need to make tough decisions about their chosen paths come graduation given their student loan costs. Also, Sonya advises new admits to think about financing earlier in order to leave time for a scholarship hunt. In her own experience, starting this search during the June before matriculation eliminated the majority of her potential outside scholarship options. “For me, it was an amazing two years, and I wouldn’t have changed my decision at all,” she said. “But while I’m okay financially, I should have been more proactive and really looked at my salary after graduation when deciding to get my MBA.” *Name changed at interviewee’s request. Kaitlin Butler is Content Manager at CommonBond, a student lending platform that provides a better student loan experience through lower rates, superior service, a simple application process and a strong commitment to community. CommonBond is also the first company to bring the 1-for-1 model to education and finance. Related Resources: • Is it Worth it to Get an MBA? • How Much Will a Top MBA Earn You • CommonBond’s Story: A Revolution in Student Loans Tags: Financial Aid, MBA Admissions The post Know Before You Go: Paying for a Columbia MBA appeared first on Accepted Admissions Consulting Blog. |
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