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| FROM Aringo Blog: Crossing Fingers! |
| Two additional Aringo clients were invited to interview at HBS (MBA).Another Aringo client was invited to interview at Duke (MBA). |
| FROM Aringo Blog: Increase in Global Demand for MBA Programs |
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GMAC’s annual survey published last week highlights an increase in the number of applications submitted this year at 61% of participating two-year full-time MBA programs. This is the third year in a row that the demand for MBA programs increased, after 50% of schools reported an increase in 2013, and 43% in 2012. About 35% of programs reported a decrease in applications this year and 4% showed no change. The last time that a majority of programs reported an increase in applications was in 2009, and till now there has hovered the concern that full-time MBA programs are losing their power and prestige compared with other graduate programs and online programs. This year actually showed a decrease in applications to full-time one-year MBA programs at 60% of schools, and also a decrease in demand for Master’s of Finance programs at 59% of schools and Master’s in Management programs at 39% of schools. Another factor revealed by the survey is the growth in number of students who prefer to study outside their native countries. Since 2012, a significant portion of the growth in demand for full-time two-year MBA programs in the U.S. stemmed from an increase in demand among international students. Sixty-five percent of the U.S. programs reported an increase in applications from international students, mainly from China and India. In terms of the demand of U.S. candidates for U.S. MBA programs, 48% of programs reported an increase in applications from U.S. candidates, while 44% reported a decrease. In general, most of the applications to one-year and two-year programs in the world came from international students – 56% of one-year programs and 52% of two-year. One explanation for the increase in demand for MBA programs is the improved global economy that causes an increase in employers’ demand for MBA graduates, causing the MBA degree to be more worthwhile. Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Business Schools Still Do Not Consider the IR Important |
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A Kaplan survey published this month reveals that most business schools still are not sure how to use the integrated reasoning score even two years post its introduction to the GMAT exam. The IR section was added to the GMAT exam in June 2012 and was supposed to enable schools to better evaluate candidates’ abilities to cope with MBA studies since test takers must answer questions by analyzing data presented in different manners (tables, graphs, etc.). This section is scored individually on a scale of 1-8 with the average score being 4.32. The survey showed that 60% of 204 admissions committee members responded to the survey that the IR score is not an important element in their consideration of the candidate’s general GMAT score. Surprisingly, this number shows an increase since 2013; then only 57% considered the IR score insignificant. We would expect that as time progressed, schools would grow accustomed to this section and would learn to use the section to evaluate candidates. One reason for the IR’s low importance is that candidates who took the test before June 2013 whose scores are still valid do not have IR scores, and it is therefore difficult to compare them with candidates who have a score. It is reasonable to assume that in a few years, when all candidates have an IR score and the schools learn how to use the score, its significance will grow. The survey also showed that 50% of schools reported that an overall low GMAT score is a central factor towards a candidate’s rejection. Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Congratulations! |
| Two additional Aringo clients were accepted to Oxford (MBA). |
| FROM Aringo Blog: UNC MBA Application Guide |
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Normal 0 false false false EN-US JA HE Whether you are just beginning to think about business school or you have already started your MBA application, there are certain best practices to follow in order to present the strongest application possible. This MBA application guide from Kenan-Flagler’s online MBA program provides MBA application tips to help you through each step of the admissions process, including differences between the GMAT or the GRE, optimizing your resume and essays for the admissions committee, requesting letters of recommendation, and finally- preparing for your MBA interview. Normal 0 false false false EN-US X-NONE HE https://onlinemba.unc.edu/mba-at-unc-blog/mba-application-guide/ ![]() Normal 0 false false false EN-US JA HE Becca Sanchez Martin is the community manager for the University of North Carolina’s MBA online program. MBA@UNC empowers professionals to pursue an MBA in entrepreneurship from one of the top 10 schools in the world for leadership development. Becca graduated from Loyola University in Maryland with a B.A. in Business Administration and a concentration in marketing. An avid traveler and lover of all things tech, Becca spent a year abroad working for a technology company in the wine sector. Now, back in the USA, Becca spends her spare time visiting friends in other cities, volunteering, and playing tennis. Follow her on Twitter @bsmart10. |
| FROM Aringo Blog: Crossing Fingers! |
| Two additional Aringo clients were invited to interview at Columbia (MBA).Another Aringo client was invited to interview at Yale (MBA). |
| FROM Aringo Blog: Crossing Fingers!!! |
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Another Aringo client was invited to interview at Kellogg (MBA).Another Aringo client was invited to interview at Wharton (MBA). Another Aringo client was invited to interview at LBS (MBA). |
| FROM Aringo Blog: More MBA Programs Consider GRE Parallel to GMAT |
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A new Kaplan survey published last month revealed that of 204 programs, 78% of admissions committees claimed that they view GMAT and GRE scores identically. Only 18% admitted that candidates who apply with GMAT scores have preference over candidates who apply with GRE scores, and explained that they have more experience with GMAT scores and believe that the quantitative section of the GMAT better predicts candidates’ abilities to cope with the quantitative demands of MBA studies. In addition the survey showed that 85% of MBA programs allow applicants to submit GRE scores instead of GMAT scores, a number that has risen each year since 2009, when only 24% of programs accepted the GRE. These two findings explain the general trend shown in the survey of more MBA applicants applying with GRE scores. Last year showed a 38% increase in the number of GRE test takers who intended to apply to MBA studies. At Yale, 21% of applicants submitted GRE scores, but on the other hand more than half of the programs who participated in the survey said that no more than a tenth of candidates applied with GRE scores. Considering the above-mentioned findings, Kaplan advises candidates to contact their target programs to check if they prefer one exam over the other. Since a number of programs do not accept the GRE or prefer the GMAT, it is still advisable to choose the GMAT since it is accepted by all programs. Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Duke Tops Businessweek Ranking |
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Businessweek published its bi-annual ranking of the best MBA programs, and surprisingly Duke took the top spot among U.S. programs. Wharton took second and Chicago took third. A few changes were implemented in the ranking’s methodology this year, creating a few surprises – Yale in the sixth spot and Michigan in ninth, while Harvard was only ranked eighth, MIT only at 14, and Berkeley only at 19. This year’s Businessweek ranking included 112 schools (the largest number since the ranking began in 1988), 85 U.S. and 27 international, and was based on a survey of students’ satisfaction (weighted 45% in the final calculation), a survey of employers (45%), and quality of faculty (10%). The top 20 U.S. programs: 1 Duke (Fuqua) 2 Pennsylvania (Wharton) 3 Chicago (Booth) 4 Stanford 5 Columbia 6 Yale 7 Northwestern (Kellogg) 8 Harvard 9 Michigan (Ross) 10 Carnegie Mellon (Tepper) 11 UCLA (Anderson) 12 North Carolina (Kenan-Flagler) 13 Cornell (Johnson) 14 MIT (Sloan) 15 Dartmouth (Tuck) 16 Indiana (Kelley) 17 Maryland (Smith) 18 Emory (Goizueta) 19 UC Berkeley (Haas) 20 Virginia (Darden) And the top 10 non-U.S. schools: 1 Western (Ivey) 2 IE Business School 3 ESMT 4 London Business School 5 INSEAD 6 Cambridge (Judge) 7 Oxford (Saïd) 8 IESE 9 IMD 10 Queen's Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Crossing Fingers! |
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Another Aringo client was invited to interview at Stanford (MBA).Another Aringo client was invited to interview at Berkeley (MBA). Another Aringo client was invited to interview at Darden (MBA). Another Aringo client was invited to interview at UCLA (MBA). Another Aringo client was invited to interview at Cornell (MBA). |
| FROM Aringo Blog: Congratulations! |
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Another Aringo client got accepted to IESE (MBA). Crossing Fingers!! Two additional Aringo clients were invited to interview at Duke (MBA). |
| FROM Aringo Blog: Which Schools Offer the Best Scholarships? |
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An article on the site Poets & Quants evaluated the number of scholarships offered by the top MBA programs and how they are distributed among candidates. Though the amount of scholarships offered by a school is usually considered confidential, the more generous schools are generally happy to reveal the information, while the more “stingy” programs will effort to hide the data. The Poets & Quants study gathered data from schools and students, and revealed that the top 25 programs dole out scholarships with a total sum of $232.7 million each year. The most generous school is Jones with a scholarship budget of $6.7 million comprising 59% of the school’s tuition revenues. The school’s class includes 216 students, 94% of whom receive scholarships of an average $33,320 a year. Additional schools considered relatively generous are Washington University, Notre Dame University, Indiana University, and Vanderbilt University, where the scholarship budgets make up a third of the tuition earnings. Other schools have increased their scholarship budgets in the last five years, including UCLA who raised their budget from $5.8 million to $12.1 million, Berkeley rose from $3.2 to $5.8 million, Stanford from $8.7 to $15.7 million, and Olin raised its average scholarship for a student from $26,200 to $31,328. The average scholarship offered to a student at Stanford this year is $35,830, higher than at any other school. The wealthiest school with the highest scholarship budget is Harvard, with a budget of $31.5 million, making up 28.6% of tuition revenues. Sixty-five percent of students at Harvard receive some sort of financial aid from the school and 50% receive need-based aid. The schools use the tuition budgets not only to help students with a real need to finance studies, but also to attract outstanding applicants with merit-based scholarships, even “buying” applicants with high GMATs and GPAs in order to better school standings in rankings, or to attract students from an underrepresented background or ethnicity to improve a class’ diversity. At times, a student accepted at a specific school with a scholarship can negotiate with a different school to receive an identical scholarship or better. Harvard and Stanford, however, reported that they only distribute need-based scholarships and do not negotiate with candidates or compete with other schools. Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Congratulations!! |
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Normal 0 false false false EN-US X-NONE HE Congratulations to another Aringo client with 660 in his GMAT who was accepted to both Oxford and Cambridge with a special 7500 scholarshi! |
| FROM Aringo Blog: Congratulations! |
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Two additional Aringo clients were accepted toDuke (MBA). Another Aringo client was accepted to Georgetown (MBA). Another Aringo client was accepted to Babson (MBA). Another Aringo client was accepted to Cornell (MBA). Another Aringo client was accepted to Carnegie Mellon (MBA). Another Aringo client was accepted to Emory (MBA). Another Aringo client was accepted to IE (MBA). Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Poets & Quants Publishes Rankings for 2014 |
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The site Poets & Quants published its annual ranking of the top U.S. and non-U.S. MBA programs for 2014. The P&Q ranking incorporates the five most influential rankings weighing them differently according to their individual reliabilities – U.S. News & World Report 35%, Forbes 25%, Businessweek 15%, The Financial Times 15%, and The Economist 10%. The incorporation of the five rankings helps achieve a more stable ranking that overcomes the weak points of each individual ranking and combines various factors such as employer and alumni evaluations, quality of faculty, B.A. and GMAT scores, and employment and salary data. The top ten U.S. programs: 1- Stanford 2- Harvard 3- Wharton 4- Chicago Booth 5- Columbia 6- Kellogg 7- MIT Sloan 8- Tuck 9- Duke Fuqua 10- Berkeley Haas The top ten non-U.S. programs: 1- LBS 2- INSEAD 3- IMD 4- IE 5-IESE 6- Cambridge 7- SDA Bocconi 8- HEC Paris 9- Oxford 10- ESADE Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: MBA - Additional Options, Late Deadlines |
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800x600 Normal 0 false false false EN-US X-NONE HE MicrosoftInternetExplorer4 ![]() Dear all, Here is an option that many candidates aren't aware of - we decided to update you about this: From Mid-January, there are about 40 deadlines (that are not last rounds deadlines!) for some of the world's top MBA programs (Top 25 programs, including Columbia, INSEAD, and others). These deadlines are for school start dates in September 2015 or January 2016. The admission chances in these deadlines are similar to second-round chances. Please see these options here: https://www.aringo.com/lowseasondeadlines.htm Hope you find this info helpful, good luck! Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Update from Harvard for Round 2 Applicants |
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Harvard published an update on its admissions committee’s blog for Round 2 candidates. The deadline for Round 2 was on January 6th but HBS allowed recommendations to be submitted for a few days after. Invitations for Round 2 interviews will be sent out on 1/28 and 2/4. The interviews will begin on 2/12 and continue until the beginning of March. They will be conducted at a number of spots around the world – Shanghai, Tokyo, Dubai, Mumbai, London, Paris, Menlo Park, and New York. Put Me in Business (applying in less than a year) Put Me in Business (applying in more than a year) |
| FROM Aringo Blog: Congratulations! |
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Another Aringo client got accepted to Berkeley (MBA). Crossing Fingers! Another Aringo client was invited to interview at Kellogg (MBA) and Columbia (MBA). |
| FROM Aringo Blog: Congratulations! |
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Another Aringo client got accepted to INSEAD (MBA). Crossing Fingers! Another Aringo client was invited to interview at UNC (MBA) and Georgetown (MBA). Another Aringo client was invited to interview at Michigan (MBA). |
| FROM Aringo Blog: Congratulations! |
| Another Aringo client got accepted to INSEAD (MBA) and ESADE (MBA). |
Success stories and strategies from high-scoring candidates.