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MBA Admissions Consultant
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Future Whartonites…Tune In On Wednesday! [#permalink]
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FROM Accepted.com Blog: Future Whartonites…Tune In On Wednesday!
Attention Wharton Applicants: The webinar you’ve all been waiting for, Get Accepted to Wharton, will take place this Wednesday, August 19th!



Reserve your spot now and tune in on Wednesday to hear important Wharton application tips that could transform your Wharton dream into reality!





Tags: MBA Admissions, webinar, Wharton

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Stanford Applicants: September 22 Will Be Here Before You Know It! [#permalink]
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FROM Accepted.com Blog: Stanford Applicants: September 22 Will Be Here Before You Know It!

On your mark…get set…go! That Stanford GSB Round 1 finish line is in sight, and yours for the conquering…if you play your cards right!

The following resources will sharpen your competitive edge, making you a prime candidate for Stanford’s class of 2018:

1.  Get Accepted to Stanford GSB What are the Stanford GSB adcom readers looking for when reviewing applications? View this webinar to learn the four key principles that will boost your GSB candidacy and get you accepted. **Updated for 2015-2016 applicants!

2.  Stanford GSB 2016 MBA Essay Tips & Deadlines Here you’ll find detailed advice on writing each of Stanford’s application essays.

3.  Intellectual Vitality, Demonstrated Leadership Potential, and Personal Qualities And Contributions are the three qualifications Stanford seeks in its applicants. Read these articles for advice on how to make sure you demonstrate them all.

4.  Entrepreneurship at Stanford GSB: Carlypso Drives Down the Startup Street Enjoy this interview with Nick Hinrichsen and Chris Colemen, Stanford GSB alums and founders of the startup Carlypso, which Tech Crunch calls a “brilliant concept.”

5.  Do Stanford GSB Grads REALLY “Change Lives. Change Organizations. Change the World”? – Are YOU ready to change organizations and change the world? Do you have what it takes to live up to Stanford’s motto? Read this blog posts for details.

Want more? With one of our MBA Application Packages, you’ll work one-on-one with an experienced consultant who will guide you through each and every element of your Stanford application.





Tags: MBA Admissions, Stanford GSB

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Columbia MBA Class of ’17: More Women, Internationals, U.S. Minorities [#permalink]
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FROM Accepted.com Blog: Columbia MBA Class of ’17: More Women, Internationals, U.S. Minorities
Columbia Business School posted its incoming MBA class profile .  Here’s the scoop:



What does the data show? Pretty much steady state with marked improvements in class diversity. And there’s both good news and bad from an applicant perspective.

The most noteworthy change is a 12.5% increase in the female make-up of the class — no pun intended — and a 9% increase in minorities of U.S. origin. The percentage of internationals went down insignificantly, but I expect that small decline will reverse itself in this upcoming application cycle since Columbia now has a no-cosigner loan program fully operational for international MBA students.

The 1-point dip in CBS’ average GMAT score is also not significant, especially given the lower acceptance rate and higher yield that Columbia enjoyed last year. It is a little surprising because of the GMAT score arms race that seems to have gripped much of CBS’s competition. (Chicago, Kellogg, and Wharton have all reported increased average GMAT scores for their incoming classes.)

Apparently in this past year CBS chose to focus more on diversity and less on the GMAT. I expect that CBS will want to report an increase in its GMAT average in the upcoming class.  And with it’s 715 score, it still remains one of a handful of schools with an average GMAT equal or greater than a lofty 715.


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 Schools.

Related Resources:


Tags: Columbia Business School, MBA Admissions

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Columbia MBA Class Of ’17: More Women, Internationals, U.S. Minorities [#permalink]
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FROM Accepted.com Blog: Columbia MBA Class Of ’17: More Women, Internationals, U.S. Minorities
Columbia Business School posted its incoming MBA class profile. Here’s the scoop:



What does the data show? Pretty much steady state with marked improvements in class diversity. And there’s both good news and bad from an applicant perspective.

The most noteworthy change is a 12.5% increase in the female make-up of the class — no pun intended — and a 9% increase in minorities of U.S. origin. The percentage of internationals went down insignificantly, but I expect that small decline will reverse itself in this upcoming application cycle since Columbia now has a no-cosigner loan program fully operational for international MBA students.

The 1-point dip in CBS’ average GMAT score is also not significant, especially given the lower acceptance rate and higher yield that Columbia enjoyed last year. It is a little surprising because of the GMAT score arms race that seems to have gripped much of CBS’s competition. (Chicago, Kellogg, and Wharton have all reported increased average GMAT scores for their incoming classes.)

Apparently in this past year CBS chose to focus more on diversity and less on the GMAT. I expect that CBS will want to report an increase in its GMAT average in the upcoming class. And with it’s 715 score, it still remains one of a handful of schools with an average GMAT equal or greater than a lofty 715.


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 Schools.

Related Resources:


Tags: Columbia Business School, MBA Admissions

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Why Applicants Should Consider A School’s Soft Skills Training [#permalink]
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FROM Accepted.com Blog: Why Applicants Should Consider A School’s Soft Skills Training

“Is success part of your DNA?”

You need a lot more than an advanced degree to climb the old career ladder. Corporate recruiters are looking for newly minted MBAs to show leadership potential, ability to work in diverse teams, and communication skills. These tools in the MBA toolbox fall under the umbrella of soft skills and were not actively taught by most business schools until relatively recently.

Why? To please employers, of course. Eighty-nine percent of recruiters in the just-released GMAC 2015 Corporate Recruiters Survey Report said that communications skills are a “critical factor” when selecting whom to interview, second only to “Proven ability to perform” and ahead of “Strong technical and/or quantitative skills.”  “Strong writing skills” are fifth with 56% of recruiters saying they are a critical factor.

That’s why applicants are also becoming more interested in what’s on the soft skills menu at their dream schools.

“As we recognize that content, such as marketing and strategy, has become increasingly accessible, applicants are discussing what kinds of skills they will pick up at school,” says Dan LeClair, executive vice president and chief operating officer of the accrediting organization, Association to Advance Collegiate Schools of Business (AACSB).

Many applicants will tell you they are looking for a program in which they can “grow,” which is code for becoming a better leader. While they are not choosing schools based solely on their trust exercises, obstacle courses, or group therapy sessions, they are looking for something in addition to being able to read financial statements.

For example, when applying to business schools, James Rapuzzi says he was less impressed with rankings and core curriculum than the leadership training schools provided.

“I was more focused on finding out, ‘What are you going to teach me that I don’t already know?” he says. “And who will I be surrounded by and what can I learn from my classmates?’”

In fact, Rapuzzi, who graduated from the Notre Dame University Mendoza College of Business’ full-time MBA program in May 2015, says his greatest lessons came from group projects and communication coursework that had him giving speeches and writing in a professional manner. He recently moved to New York City, where he’ll be working at an investment bank in its financial sponsors group, and he credits his communication and networking training for helping him get interviews and later a full-time job offer.

“Recruiters are vetting you throughout the job search,” adds Rapuzzi. “They are looking at you and asking, ‘Are you the type I can put in front of a client? Is success part of your DNA?’”

Octavia Costea, who graduated from Babson College’s F.W. Olin School of Business in May 2015, shares a similar story. She sought programs that would help her with strategy, analytics, and entrepreneurial endeavors, she writes in an e-mail. She too picked up soft skills nonetheless and adds she found herself taking advantage of resources that weren’t required but helped her develop as a manager.

When Costea was facing challenges with her cohort, she turned to the school’s sessions on improving communication. “I tend to be direct, lay the problem on the table, talk it out and move on,” adds Costea. “However, non-confrontational people don’t respond well to that approach. The speech center helped me understand that.”

For some schools, soft skills are old hat. Stanford Graduate School of Business has been offering its most popular elective, “Interpersonal Dynamics,” which was long ago nicknamed “Touchy Feely,” for more than 40 years. Columbia Business School has the Program on Social Intelligence, which includes a roster of courses designed to hone leadership skills. Other schools have begun offering retreats, lessons in meditation, and workshops with improvisational actors. The list goes on.

Swimming through the information available on all these programs can be overwhelming for applicants. LeClair suggests applicants search for transformative experiences by asking business schools about opportunities for hands-on learning, personal coaching, and examples of how they demonstrate to potential employers the so-called softer achievements of their graduates.

Today, soft skills are at the “heart of the value proposition of an MBA education,” says LeClair.

“The world is changing,” he adds. “Our success will depend less on what we know than our ability to frame and reframe problems, communicate, and think creatively.”





Related Resources:

• MBA Project Search: Matchmaking for MBAs and Businesses

• The Hottest Skills that will Land You the Hottest Jobs

• Have an Open Mind, Learn Skills, Build Relationships: Darden MBA Interview

Tags: Job Search, MBA Admissions

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The Truth About Student Loans [#permalink]
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FROM Accepted.com Blog: The Truth About Student Loans

How much do you really know about student loans?

We all love True or False questions! You have a 50/50 chance at getting the question correct, don’t you?  But what if someone could help you improve your chances beyond the flip of a coin?  What if we could remove 50% of your doubt on questions around an important topic like “Student Loans”?

Join us on a little journey as we debunk myths and answer questions that many MBA students encounter as they look to fund their programs. Let’s do it!

[b]1. True or False: I can get a loan for tuition AND living expenses.

[/b]

TRUE. You can borrow funds for tuition, fees and living expenses up to the school approved Cost of Attendance budget. Be sure to check with the school for any budget appeals as all loans in the US must be certified and approved by the school.

[b]2. True or False: I need to show assets to secure a loan.

[/b]

FALSE. Many lenders will offer loans to students with a co-signer or with the school as the guarantor. Some newer and innovative peer-to-peer lenders will assess students on their future potential and not require any collateral or co-signors.

[b]3. True or False: Interest rate is the only thing that I should look for in a loan offer.

[/b]

FALSE. While interest rate is a very important component of the loan offer that will determine your monthly payments, students must consider all fees and interest accruals when comparing offers. Most lenders will be required to share the APR (annual percentage rate), which will provide the effect of all costs of financing.

[b]4. True or False: I must notify my school that I am taking a loan.

[/b]

TRUE.  In the US, students must complete a Financial Aid form with their school, confirming any loans or financial aid that they will be using to fulfill their program budget.

[b]5. True or False: I can get all of the money upfront.

[/b]

FALSE.  All US schools require that the loan proceeds are disbursed according to the school schedule and will often split the funds evenly over the program terms. Please contact the school’s financial aid office for any special arrangements.

[b]6. True or False: The length of the loan’s term and the loan’s total interest cost have an inverse relationship.

[/b]

TRUE. While a loan with a longer term (i.e. 20 years vs. 10 years) will provide the borrower with more flexibility and lower monthly payments, the total interest cost over the life of the loan will be significantly greater than a shorter loan term. Make sure to consider the best option for your budget.

[b]7. True or False: I can use a Letter of Confirmation from the lender for my VISA application.

[/b]

TRUE. Once you have completed your loan application and received an approved offer, lenders can provide you with the Letter of Confirmation that can be used for your I-20 form and VISA application.

[b]8. True or False: I need to repay my loans immediately.

[/b]

FALSE. Most lenders will not require repayment during school and many will offer a grace period of 6 to 9 months following graduation. Be sure to read the details of the loan offer regarding early repayment and any associated fees.

[b]9. True or False: I don’t have to pay back my loan.

[/b]

FALSE.  While there are a few special loan forgiveness programs available, loans must be repaid in the provided term of 10 to 20 years depending on the offer. If the borrower encounters problems making their monthly repayments, many lenders will offer forbearance arrangements for financial hardship, health issues or extraordinary circumstances.

[b]10. True or False: US loans must be repaid in USD.

[/b]

TRUE. Loans offered in the US must be repaid in USD, so make sure to think about how you will repay your loans if you return to your home country outside of the US. Many lenders offer a variety of repayment methods to make it as easy as possible, but currency fluctuations will be the responsibility of the borrower.

So, how did you score?

Your education is too important for a guessing game, so make sure you get the facts as you are preparing for your MBA. To learn more about how you can fund your program, sign up to join the Accepted Webinar “How to Fund Your MBA Abroad” on November 4th, 2015 at 1PM EST.



Joel Frisch is Prodigy Finance‘s Director of Business Development in the US. Prior to Prodigy, he has spent his career in financial services and employee management solutions.  Joel is a lifelong teacher with a goal of spreading financial literacy.

Related Resources:

• 3 Long Term Tips For Financing Your MBA Abroad

• Making International Student Loans a Prime Investment

Financing Your INSEAD MBA

Tags: Financial Aid, MBA Admissions

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2015 Poets & Quants Best U.S. MBA Programs [#permalink]
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FROM Accepted.com Blog: 2015 Poets & Quants Best U.S. MBA Programs
The much anticipated Poets & Quants rankings is out! Let’s see how P&Q rates the top schools:

• Harvard’s on top. As usual. Here’s the P&Q position on this: “No rival beats Harvard in the formidable resources it brings to the game: more superstar professors than any other school, the diversity of its course offerings, the stellar quality of its students, the size and scope of its campus, and the career achievements of its alumni spread all over the world.”

• The M7 all take up the first 7 slots of the rankings.

Duke Fuqua slipped out of the top 10 to 11th place this year.

• Yale SOM make it to the top 10 for its first time ever (10th place) in P&Q rankings history.


Note: Ranks for both The Financial Times and The Economist surveys are U.S. only, not the overall global ranks

(This chart can be viewed in its original here.)

Poets & Quants ranks the top U.S. MBA programs by combining the five most influential rankings and weighing them based on the “soundness of their methodologies.”  U.S. News is given the most weight at 35%, followed by Forbes (at 25%), Financial Times and Businessweek both at 15%, and The Economist at 10%.





Related Resources:

Rankings: Why Should I Care? [short video]

• 2015 Bloomberg Business MBA Rankings

• B-School Zones for Top MBA Programs

Tags: Chicago Booth, Columbia Business School, Cornell Johnson, Dartmouth Tuck, Duke Fuqua, Emory Goizueta, Harvard Business School, MBA Admissions, Michigan Ross, MIT Sloan, Northwestern Kellogg, NYU Stern, Rankings, Stanford GSB, UC Berkeley Haas, UCLA Anderson, UNC Kenan Flagler, UT McCombs, UVA Darden, Wharton, Yale SOM

The post 2015 Poets & Quants Best U.S. MBA Programs appeared first on Accepted Admissions Consulting Blog.
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Picking a Career, Interviewing Right, and More Job Talk [Episode 131] [#permalink]
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FROM Accepted.com Blog: Picking a Career, Interviewing Right, and More Job Talk [Episode 131]

So, what do you want to be when you grow up? And if you do know what your dream job is, how will you land it?

We could think of no better person to join us for a talk about careers than Karin Ash, formerly director of the Career Management Center at Cornell’s Johnson School, career coach at Cornell’s College of Engineering, and Director of Cornell Career Services.

Listen in on our talk and leave a comment in the shownotes to add your voice to the conversation.

Born to Work in Career Services and Admissions (1:42)

Karin is one of the few and the lucky. She’s had a career direction nearly since the cradle.

The Two Most Common Reasons for Leaving a First Job (4:57)

Watching students agonize over job offers during grad school and then switching jobs soon after, led Karin to conduct a study of reasons for leaving a first job. The winners? Moving to live near (or away from!) family and the job prospects of a significant other.

Finding Meaning on the Treadmill (7:47)

Racing from a top kindergarten to a top elementary school, high school, college, grad school… and finally a top job can leave little time for reflection. Free time is hard to come by, but if you want it, you can create it. If you don’t know what to do first, start reading! The right books can help you self reflect, figure out what you enjoy, and find direction. Often students who figure out what they want, actually do end up with a job they enjoy. Karin recommends a couple of books and we’ve linked to them below.

If you have a book or resource that really helped you discover your career path, please share in a comment.

When What You Love Doesn’t Pay (14:06)

What happens if you are lucky enough to discover your passion, but unlucky enough that your passion doesn’t pay the bills? Take a job that takes you as close to your passion as possible, advises Karin. It’s a big world out there and if you do your homework and have enough enthusiasm you can make doors open. Be creative.

The Challenges Faced by the Career Services Office at Different Types of Programs (17:27)

Undergrads: Many are being supported by parents and simply don’t feel the push to sweat over finding a job. The challenge is getting them to explore

MBAs: Only 3 weeks after they arrive, MBAs are interviewing for the internships that are so key to what they might end up doing after b-school. The challenge is getting them ready — fast.

Engineers:  These folks are brilliant, but they don’t believe it. The challenge is building confidence and teaching them the importance of networking (especially for international students).

Employability in MBA Admissions (20:50)

Adcoms – and employers – know what your business school courses consist of and what skills you’ll learn. What they are on the lookout for when accepting and hiring are the qualities that make successful leaders. Think confidence, good communication skills, the ability to influence and persuade, and a track record of exceptional leadership.  

Business School and Career Change (25:30)

It’s not only the classic “career changers” who leave b-school with a new direction. Be warned: your classes and professors can have a very strong influence on the direction your career takes. Exposure to different fields has caused many a traditional student to veer away from their well-planned path. Keep an open mind, take (or create!) opportunities to learn things you are passionate about.

Advice for Strat Consulting Hopefuls  (28:21)

Consulting firms don’t really care what your undergrad major was or what you did before grad school. They are seeking candidates with top scores, sharp skills, and excellent communication skills. Acing that case interview is vital. There is also a little bit of bias towards athletes, and other candidates who have proven that they have drive.

Resume Tips (32:16)

Keep your resume simple and straightforward. Have the resume focused on supporting your goal. Use action words so that you don’t use extra verbiage (organized, managed, analyzed…). Include extracurricular achievements and leadership roles only if they were very important to you! Keep it to one page: don’t list references, every single honor you’ve had in your life, or less than relevant information.

Cover Letter Tips (34:29)

The excruciating task of cover letter writing becomes must easier when you are passionate about the job you are applying for. Simply introduce yourself and explain why you’ve sent in your resume. Detail what job you are applying for and what makes you the right person for the job. If you can include the name of someone you spoke to at the company, its great to show that you’ve done your research and really want the job and the employer.

Job Interview Prep (36:15)

Practice, practice, practice! Find out exactly what the company you are applying to is looking for and highlight everything in your background that relates to it.  To sound poised and articulate, you need to practice.

Case Interview Prep (37:51)

If you have a case interview coming up, it is important to read (and understand) sample interviews. As always, there is nothing like practice. If you can, get a consultant to spend half a day giving you a practice case.

Why Karin Does What She Does and Loves What She Does (38:39)

The excitement of helping young people figure out what they want to do with their lives –and get there- has kept Karin going for 30+ years.



Books Karin Ash Recommends:

• Discovering Your Career in Business  by Timothy Butler

• What Color Is Your Parachute? 2016: A Practical Manual for Job-Hunters and Career-Changers by Richard Nelson Bolles

Related Links:

• View Karin’s biohttps://www.accepted.com/aboutus/karinash• Have Karin contact you• MBA Admissions Advice for Career Changers

Related shows:

• Case Interview Secrets and More with Victor Cheng• An HBS Entrepreneur Promoting Career Flexibilityhttps://blog.accepted.com/2015/02/25/hbs-entrepreneur-promoting-career-flexibility/• Goal Setting, Job Searching, and Sweet Careershttps://blog.accepted.com/2014/05/08/goal-setting-job-searching-and-sweet-careers/• Career Direction: It’s Ok to Love Your Job!

Subscribe:


            



Tags: Admissions Straight Talk, career changers, Grad School Admissions, Job Search, Management Consulting, MBA Admissions, podcast, resume

The post Picking a Career, Interviewing Right, and More Job Talk [Episode 131] appeared first on Accepted Admissions Consulting Blog.
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Top MBA Programs that Defer [#permalink]
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FROM Accepted.com Blog: Top MBA Programs that Defer

Off to join the military? Don’t worry, your MBA spot is safe!

Most U.S. MBA programs will allow students to defer acceptance (push off starting the program for a year) for U.S. military deployment, illness, or illness of a loved one for whom the candidate is the sole or a major caregiver (you will need proof of the above).

Check with the individual programs, but here are a few specifics:

• Stanford GSB admits students directly from college, but suggests a 1-3 year deferral to gain experience.

• Harvard Business School has a similar policy, but applicants must be admitted through 2+2 program.

• MIT Sloan offers an automatic readmit to candidates they admitted in the prior year, but who could not attend. It’s basically the same as a deferral except the candidate must complete the application again.

Top 20 MBA programs rarely offer deferrals for financial or work related reasons (other than military and the exceptions I stated above). However, it never hurts to ask.

A Cautionary Tale

When I was the Director of Admissions and Financial Aid at Cornell Johnson (many years ago), I had a Cornell candidate who applied three years in a row due to work-related reasons (his consulting firm just kept giving him projects he didn’t want to turn down).

The first year he sent me a note about the new project and explained how much stronger a candidate he would be if I deferred his admission. I asked him to reapply because we did not defer for work-related reasons (except military deployment). He reapplied, and the second year I admitted him again, but he never sent me a note indicating that he would not be attending the program. He just didn’t show on the first day of class and assumed that was okay. It wasn’t.

He had the nerve to reapply the third year, and I did not admit him despite the strength of his application. His lack of communication when he wanted to defer a second time took a spot away from another candidate. That kind of hubris did not belong at Cornell (and I didn’t mind telling him my reasons when he called to find out why I denied his application…he was stunned).

What Should You Do If You Want to Defer?

• If you haven’t yet been accepted: If you have not yet heard a decision from the school, you should withdraw your application from further review. Explain why you are withdrawing your application, indicate that you will be reapplying next year and that you plan to attend the school if admitted (if true).

• If you’ve already been accepted: If you’ve already been admitted, request the deferral. The worst case scenario is that the school will tell you that they don’t grant deferrals.




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.MBA Decisions: What Next?

• When to Give Up Your Acceptance in Hopes for “Greener” Pastures

Admissions Straight Talk Podcast for MBA Applicants

Tags: MBA Admissions

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Free Editing Hacks to Transform Your MBA Essay [& Get You Accepted!] [#permalink]
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FROM Accepted.com Blog: Free Editing Hacks to Transform Your MBA Essay [& Get You Accepted!]
Sure you need good content in your MBA essay, but you also need your essay to look good, read well, and have a logical and coherent structure.



Linda, a renowned MBA admissions expert, knows what works and what doesn’t work when editing successful MBA essays – she’s got loads of tricks up her sleeve and is excited to share them with you! (SNEAK PEEK – hacks include the 3 A’s, the 3 INs, and the 3 elements of PAD. What are these things?? Attend the webinar to find out!)

Date: Thursday, December 16, 2015

Time: 10:00 AM PST/1:00 PM EST



Spaces are limited, so reserve your spot for 3 Hacks to Transform Your MBA Application right now!



Tags: MBA Admissions, webinar

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2015 Financial Time Best Global MBA Programs [#permalink]
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FROM Accepted.com Blog: 2015 Financial Time Best Global MBA Programs
Let’s see how our favorite global MBA programs fared in the 2015 Financial Times rankings.



(See the full chart on the FT site here.)

Last year, there were some very dramatic leaps and falls. This year there are fewer. Here are some highlights:

UC Berkeley Haas is the only newcomer to the top 10, jumping just a single place from 11th to 10th.

• The big jumps occur further down in the rankings: Imperial College Business School (UK), jumped 8 places from 42nd place last year to 34th place this year; The Lisbon MBA jumped from 50th last year to 36th this year; Purdue Krannert (US) jumped 9 places from 57th to 48th; Lancaster University Management School (UK) jumped 16 places from 66th to 50th; Washington Foster (US) jumped from 62nd to 51st; and the University of Cape Town GSB (South Africa) jumped from 62nd to 52nd place.

• The biggest losers this year include Emory Goizueta (US) which dropped from 50th place to 59th; Indiana Kelley (54th to 62nd); Illinois Urbana-Champaign (53rd to 71st); and Washington Olin (63rd to 72nd).





Related Resources:

• MBA Rankings: Why Should I Care? [short video]

Poets & Quants Best U.S. MBA Programs

• B-School Zones for Top MBA Programs

Tags: Cambridge Judge, CEIBS, Chicago Booth, Columbia Business School, ESADE, Financial Times, Harvard Business School, HEC, HKUST, IE, IESE, IMD, INSEAD, London Business School, MBA Admissions, MIT Sloan, Northwestern Kellogg, NYU Stern, Rankings, UC Berkeley Haas, Yale SOM

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Kirill’s Journey from Russia to B-School [#permalink]
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FROM Accepted.com Blog: Kirill’s Journey from Russia to B-School

This interview is the latest in an Accepted blog series featuring interviews with MBA applicant bloggers, offering readers a behind-the-scenes look at the MBA application process. And now for a chat with Kirill Zheleznov…

Accepted: We’d like to get to know you! Where are you from? Where and what did you study as an undergrad? 

Kirill: I’m from Russia, in particular a relatively small city in the west of Russia named Kaliningrad (former Konigsberg). I went to school in Kaliningrad and then moved to the Moscow Institute of Physics and Technology. There I studied applied physics and mathematics and got a bachelors and master’s degree.

At the moment I’m pursuing a PhD degree in industrial engineering at the V.A. Trapeznikov Institute of Control Sciences.

Accepted: Can you share three fun facts about yourself?

Kirill: Fun (well, at least to some extent fun) facts about me:

1. I have a red-haired Maine-Coon named Erwin (after Schrödinger).

2. Once I caught a one-meter long pike.

3. I’m a huge fan of Game of Thrones by George R. R. Martin.

Accepted: Which business schools are you applying to? Which of these programs would you say is the best fit for you? Why? 

Kirill: I’m applying to Harvard, Wharton, IESE and HEC Paris. From my point of view, all these schools perfectly fit my interests because they provide rigorous training in finance and have holistic alumni networks.

Accepted: Nice job on your 690 GMAT score – can you share some tips with our readers?

Kirill: Thank you very much! However, I’m not satisfied with my score – the aim was above 700. ☺ According to my experience, the key thing to success in GMAT is practice. Due to my education, I stressed the verbal part during my preparation. My main advice here is to plan more than one exam date. That sounds really simple, but I failed to do so and was too nervous on GMAT day.

Second thing that one can do is to read English books with good vocabulary. I believe that it is rather difficult to remember grammar rules. However, you can “feel” what is right. And this is an easy thing to do if you usually read – you just need to change a language and nothing more.

Accepted: Where are you currently working? Do you plan on continuing in the industry after b-school? Or do you have plans for something new? 

Kirill: At the moment I’m working in the energy sector. I’m going to move into project finance in the energy sector after b-school. However, I do hope that b-school will be able to transform my view and change my plans.

Accepted: Can you tell us more about your blog? Who is your target audience? What have you gained from the blogging experience? 

Kirill: My blog is rather new and does not have many posts. But I’m trying to share my experience with other students who are facing challenges in their careers and who are considering the opportunity to risk and make a great investment. If even a single person finds my blog helpful, I will be completely happy.

You can follow Kirill’s story by checking out his blog at MBA, Or There And Back or by connecting with him on LinkedIn. Thank you Kirill for sharing your story with us – we wish you loads of luck!

Do you want to be featured in Accepted.com’s blog, Accepted Admissions Blog? If you want to share your MBA/EMBA journey with the world (or at least with our readers), email us at mbabloggers@accepted.com.





Related Resources:

• Top MBA Essay Questions: How to Answer Them Right! [Free Guide]

• How to Think Like A Dean of Admissions [Podcast]

• MIT Master in Finance – Is It the Right Fit for You (and Vice Versa)?

Tags: MBA Admissions, MBA applicant bloggers

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3 Essential Components of a Personal Statement [#permalink]
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FROM Accepted.com Blog: 3 Essential Components of a Personal Statement

While listening to a podcast, I started thinking about the essential components of a strong personal statement, statement of purpose, or MBA goals essay. Basically, the adcoms want a map of where you’ve been, where you are, and where you’re going for the statement of purpose and the goals essay. For a personal statement your readers will want to know your current location and how you got here; clear plans for the future are secondary and usually not required.

MAP has a double meaning for those of you writing statements of purpose and goals essays. It stands for Motivation, Aspiration, and Perspiration.

•  Motivation: What makes you tick? Why have you made the decisions you have made? Why do you want to go into your chosen field?

 • Aspiration: Where are you headed? What do you aspire to immediately after you complete your degree and sometimes long term.

 • Perspiration: When in the past have you sweated to achieve? When have you dedicated yourself to a cause or goal? When have you worked hard to make an impact and contribute?

When you write your statement of purpose or MBA goals essay, check it for MAP. If it has these three critical elements, you have started down the right path.

If you would like us to check whether you have MAP in your essay or you want us to work with you so you take the right road, please explore Accepted’s services.





Related Resources:

• Leadership in Admissions [free guide]

• First Drafts Of Personal Statements: Let Yourself Go

• How Personal is Too Personal?

Tags: Admissions Consulting, College Admissions, Grad School Admissions, Law School Admissions, MBA Admissions, Medical School Admissions, personal statement

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Welcome to the Team Adam Nathan! [#permalink]
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FROM Accepted.com Blog: Welcome to the Team Adam Nathan!

A friendly handshake goes out to our newest team member, Adam Nathan!

Adam is a Harvard Business School 2+2 participant, Baker Scholar at HBS, and Duke University graduate. He worked with the Duke and HBS admissions offices while a student at these programs, gaining significant insight into the specific qualities and traits that Ivy League schools seek when considering applicants to their programs.

Using this understanding, Adam now helps students tell their own unique story in a compelling and inviting way for maximum success in reaching their goal of acceptance.

In addition to his academic credentials, Adam has an extraordinarily impressive resume including stints with Apple, The Bridgespan Group (a Bain affiliate), and The White House where he utilized his skills with interconnected dynamics, network strategies, and product marketing.

Glad to have you aboard Adam!





Tags: Grad School Admissions, MBA Admissions

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Forbes Top 20 U.S. MBA Program in 2015 [#permalink]
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FROM Accepted.com Blog: Forbes Top 20 U.S. MBA Program in 2015
Here are the top 20 MBA programs in the U.S. according to Forbes:



A Few Points (from the Lead Article)

• The average five-year gain at the top 25 U.S. business schools was $61,700. That’s down $6300 from two years ago, and down $56,300 since 2003.

• The average debt for students reporting debt to Forbes from the class of 2010 was $80,000, $15,000 more than it was two years earlier.

A Word on Forbes‘ Methodology

Forbes surveyed 17,400 alumni at 95 schools, and had a 24% response rate. MBA program graduates answered questions about pre- and post-MBA compensation, career choice, and location.

Alumni earnings in the first five years after graduation were weighed against the opportunity cost of attending business school (the cost of the program plus two years without a salary). Earnings include salary, bonuses, and stock options, and there is an assumption made that alumni would have experienced a 50% slower compensation increase had they not received an MBA.

These rankings include only U.S. schools with a two-year, full-time MBA program. Schools where alumni had a negative ROI after five years are not included in the rankings.

You can view Forbes international MBA rankings here.

Learn more about Forbes‘ methodology here.





Related Resources:

• Bloomberg Business MBA Rankings

• Rankings: Why Should I Care? [short video]

• B-School Zones for Top MBA Programs

Tags: Chicago Booth, Columbia Business School, Cornell Johnson, Dartmouth Tuck, Duke Fuqua, Harvard Business School, Indiana Kelley, MBA Admissions, Michigan Ross, MIT Sloan, Northwestern Kellogg, NYU Stern, Stanford GSB, UC Berkeley Haas, UCLA Anderson, UNC Kenan Flagler, UT McCombs, UVA Darden, Wharton, Yale SOM

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Forbes Top 20 U.S. MBA Programs in 2015 [#permalink]
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FROM Accepted.com Blog: Forbes Top 20 U.S. MBA Programs in 2015
Here are the top 20 MBA programs in the U.S. according to Forbes:



A Few Points (from the Lead Article)

• The average five-year gain at the top 25 U.S. business schools was $61,700. That’s down $6300 from two years ago, and down $56,300 since 2003.

• The average debt for students reporting debt to Forbes from the class of 2010 was $80,000, $15,000 more than it was two years earlier.

A Word on Forbes‘ Methodology

Forbes surveyed 17,400 alumni at 95 schools, and had a 24% response rate. MBA program graduates answered questions about pre- and post-MBA compensation, career choice, and location.

Alumni earnings in the first five years after graduation were weighed against the opportunity cost of attending business school (the cost of the program plus two years without a salary). Earnings include salary, bonuses, and stock options, and there is an assumption made that alumni would have experienced a 50% slower compensation increase had they not received an MBA.

These rankings include only U.S. schools with a two-year, full-time MBA program. Schools where alumni had a negative ROI after five years are not included in the rankings.

You can view Forbes international MBA rankings here.

Learn more about Forbes‘ methodology here.





Related Resources:

• Bloomberg Business MBA Rankings

• Rankings: Why Should I Care? [short video]

• B-School Zones for Top MBA Programs

Tags: Chicago Booth, Columbia Business School, Cornell Johnson, Dartmouth Tuck, Duke Fuqua, Harvard Business School, Indiana Kelley, MBA Admissions, Michigan Ross, MIT Sloan, Northwestern Kellogg, NYU Stern, Stanford GSB, UC Berkeley Haas, UCLA Anderson, UNC Kenan Flagler, UT McCombs, UVA Darden, Wharton, Yale SOM

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Editing Hacks to Make Your Essays the Best in the Pile (Upcoming Webin [#permalink]
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FROM Accepted.com Blog: Editing Hacks to Make Your Essays the Best in the Pile (Upcoming Webinar)


Our 3 Hacks to Transform Your MBA Application webinar will take place next week on Wednesday, December 16th at 10:00 AM PST/1:00 PM EST.

Don’t miss this opportunity to learn must-know editing and proofing techniques that will boost your essay’s appeal and your chances of getting accepted.



Spaces are limited! Reserve your spot for 3 Hacks to Transform Your MBA Application now!



Tags: MBA Admissions, webinar

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Editing Hacks to Make Your Essays the Best in the Pile (Upcoming Webin [#permalink]
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