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Ask MBA Prep School

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New post 16 May 2013, 10:28
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bagdbmba wrote:
Hi MBA Prep School Consultancy team,
Could you please provide any insights on what one should write/approach why one should get the scholarships in 2 year MBA program especially for US schools(top 15/20 )...?

Much appreciate your feedback on this.


Hello bagdbmba,

MBA scholarships are typically awarded on a merit basis and business schools utilize scholarship money and fellowships to persuade exceptional candidates to accept the school's offer of admission. For many schools, there might not be a formal process to apply for MBA scholarship money. Instead, admissions boards make scholarship offers based on the quality of the applicant and his or her application. Therefore, my first tip is to ensure that your application is exceptional and that you have sent strong signals to the school that you are extremely motivated to attend their program. Scholarship money is scarce and admissions committees are more likely to offer scholarship money to students who have communicated that they are serious about attending their program. In certain cases, scholarship money is supplied by donors who want to support a particular kind of MBA candidate. For example, a donor may designate that his or her scholarship be granted to an MBA student with an engineering undergraduate degree. If so, admissions boards will review their list of accepted students and offer the scholarship to applicants who match those qualifying criteria.

A few business schools do have specific scholarship (or fellowship) essay questions. What one should write on these essays would depend on what question has been asked. Our admissions consultants provide editorial guidance on MBA scholarship essays to clients who have engaged our help on a comprehensive/school package basis. Last year, many of our clients had the good fortune of earning scholarship money.

Finally, I encourage you to reach out to each business school you are applying to by email or by phone to find out if they offer any additional avenues for seeking scholarship money. It is often the case that MBA schools expect applicants to pursue scholarship money proactively; so It never hurts to ask. I wish you the best of luck in earning some scholarship money to pay for your MBA.

Kind regards,
Tyler Cormney
MBAPrepSchool.com Co-Founder
_________________

Tyler Cormney
MBA Prep School
Website: http://mbaprepschool.com

MBA Prep School provides you with power tools for building a winning MBA application. Our on-demand admissions consulting videos and application prep tools will increase your chances of being accepted by your dream school.

Take the first step toward your dream school -- for Free!: http://mbaprepschool.com
Read our eBook: http://mbaprepschool.com/ebook
For GMAT Club Discounts: http://gmatclub.com/blog/courses/mba-prep-school-discounts-at-gmat-club/

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New post 18 May 2013, 06:20
MBAPrepSchoolTyler wrote:
Hello bagdbmba,

I am sorry but I don't have access to the data you are asking about. What I can tell you is that our MBA admissions clients who are in the real estate industry rank Wharton very high on their list. I believe Columbia and Stern also have solid recruiting relationships with the real estate (esp. real estate finance) industry. Cornell has the Baker Program, a master's program in real estate. The career placement offices at these schools might have the kind of information you are seeking. Good luck!

-Tyler



Hi Tyler,
Thank you for your reply...

It would have been really great if you could shed some deep insights on the Wharton/Cornell (I think they have also MBA program with RE focus) MBA with RE focus...

Much appreciate your feedback.
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New post 26 May 2013, 11:07
MBAPrepSchoolTyler wrote:
bagdbmba wrote:
Hi MBA Prep School Consultancy team,
Could you please provide any insights on what one should write/approach why one should get the scholarships in 2 year MBA program especially for US schools(top 15/20 )...?

Much appreciate your feedback on this.


Hello bagdbmba,

MBA scholarships are typically awarded on a merit basis and business schools utilize scholarship money and fellowships to persuade exceptional candidates to accept the school's offer of admission. For many schools, there might not be a formal process to apply for MBA scholarship money. Instead, admissions boards make scholarship offers based on the quality of the applicant and his or her application. Therefore, my first tip is to ensure that your application is exceptional and that you have sent strong signals to the school that you are extremely motivated to attend their program. Scholarship money is scarce and admissions committees are more likely to offer scholarship money to students who have communicated that they are serious about attending their program. In certain cases, scholarship money is supplied by donors who want to support a particular kind of MBA candidate. For example, a donor may designate that his or her scholarship be granted to an MBA student with an engineering undergraduate degree. If so, admissions boards will review their list of accepted students and offer the scholarship to applicants who match those qualifying criteria.

A few business schools do have specific scholarship (or fellowship) essay questions. What one should write on these essays would depend on what question has been asked. Our admissions consultants provide editorial guidance on MBA scholarship essays to clients who have engaged our help on a comprehensive/school package basis. Last year, many of our clients had the good fortune of earning scholarship money.

Finally, I encourage you to reach out to each business school you are applying to by email or by phone to find out if they offer any additional avenues for seeking scholarship money. It is often the case that MBA schools expect applicants to pursue scholarship money proactively; so It never hurts to ask. I wish you the best of luck in earning some scholarship money to pay for your MBA.

Kind regards,
Tyler Cormney
MBAPrepSchool.com Co-Founder


Hey Tyler ,
Thanks a lot for your detail reply.Really appreciate it Sir... :) Kudos!

Yup! you're right ...not many schools offer need-based scholarships,it's mostly merit-based scholarships and for the latter it's really a strategic decision and as you've said- heavily depends on one's candidacy overall.So for this merit-based scholarships, most of the schools as you've mentioned,don't have any separate applications.In that case, applicants need to show their best strength through their essays only I guess.Is there any other way to showcase this...? Your thoughts on this please...!

My second question is-In general how the need based offers are determined..? Is it based on the personal assets of the candidate solely or that of his/her family or else?

Look forward to your reply Sir..!

P.S: It would be really helpful if you can let me know what are the schools specifically among top 20 that encourage this pro-activeness...? Or is it a general thing for any b-school?
_________________

UPDATED : e-GMAT SC Resources-Consolidated || ALL RC Resources-Consolidated || ALL SC Resources-Consolidated || UPDATED : AWA compilations-109 Analysis of Argument Essays || NEW !!! GMAC's IR Prep Tool

GMAT Club guide - OG 11-12-13 || Veritas Blog || Manhattan GMAT Blog


KUDOS please, if you like the post or if it helps :-)

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New post 26 May 2013, 12:36
bagdbmba wrote:
MBAPrepSchoolTyler wrote:
bagdbmba wrote:
Hi MBA Prep School Consultancy team,
Could you please provide any insights on what one should write/approach why one should get the scholarships in 2 year MBA program especially for US schools(top 15/20 )...?

Hey Tyler ,
Thanks a lot for your detail reply.Really appreciate it Sir... :) Kudos!

Yup! you're right ...not many schools offer need-based scholarships,it's mostly merit-based scholarships and for the latter it's really a strategic decision and as you've said- heavily depends on one's candidacy overall.So for this merit-based scholarships, most of the schools as you've mentioned,don't have any separate applications.In that case, applicants need to show their best strength through their essays only I guess.Is there any other way to showcase this...? Your thoughts on this please...!

My second question is-In general how the need based offers are determined..? Is it based on the personal assets of the candidate solely or that of his/her family or else?

Look forward to your reply Sir..!

P.S: It would be really helpful if you can let me know what are the schools specifically among top 20 that encourage this pro-activeness...? Or is it a general thing for any b-school?


Hi bagdbmba,

First of all, thanks for the Kudos!

I could write a book on how to showcase your top strengths in the written MBA application and admissions interviews. In fact, I have. http://mbaprepschool.com/ebook/ 8-)

Regarding needs based offers, schools employ a financial aid application that asks several questions aimed at determining your need. There is a standard form used across schools but schools sometimes have additional forms and formulas that are specific to that school. Just about every school's web site will have a page or area devoted to their financial aid practices. For example: http://www.hbs.edu/mba/financial-aid/Pages/default.aspx

As for being proactive, that's really a general tip. Typically, after you've been accepted by a school you can write or call the admissions office to ask about scholarship opportunities. There are also websites that compile MBA scholarship information (though I can't say I have heard any rave reviews from my clients about these websites). Here is an example: http://www.mbascholarships101.com/

Cheers,
Tyler
_________________

Tyler Cormney
MBA Prep School
Website: http://mbaprepschool.com

MBA Prep School provides you with power tools for building a winning MBA application. Our on-demand admissions consulting videos and application prep tools will increase your chances of being accepted by your dream school.

Take the first step toward your dream school -- for Free!: http://mbaprepschool.com
Read our eBook: http://mbaprepschool.com/ebook
For GMAT Club Discounts: http://gmatclub.com/blog/courses/mba-prep-school-discounts-at-gmat-club/

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New post 01 Aug 2013, 11:41
Hi Sir,

I would like you to evaluate my profile and guide me to the possible Schools I can apply to.

I scored 680 on the GMAT with Q49 & V34, AWA and IR scores awaited.

Academics -
Scored GPA of 7/10, B-Tech Electrical Engineering, VJTI Mumbai

Work Experience - 3.5yrs - Worked in Production Planning Department for 3yrs and Manufacturing Department for 6 months.

Responsibilities -
- Line In-charge - Ensuring team hits daily targets
- Lead a team of 240 technicians directly to achieve the targets
- Identify daily bottlenecks resolve them using Operational Problem Solving Techniques
- Department Representative for OHSAS and EMS (OHSAS 18000 & ISO 14001)
- Part of team for implementing Ergonomic Improvements in the plant (Safety Related Improvements)
- Responsible for Implementation of Team Based Working System in Defined area of the plant.
- Responsible for driving improvement initiatives for that part of plant - OTD / Safety / Quality / PRoductivity / Cost / Inventory
- Responsible for training of a GET for a year

Aspiration -

- Looking forward to getting an MBA done so that I can get a deeper understanding of business from financial perspective and club that with my operational experience.

Short Term Goal - Planning to work with a Consultancy to get deeper operational and financial experience
Long Term Goal - Eventually planning to start up my own business

- Looking forward to do an MBA in General MAnagement or Operations from Singapore (NUS / NTU / INSEAD) or India (ISB / SPJAIN)
- Open to doing MBA from US

Extra Curricular Activities -

- Participated in CSR Activities done by the company, besides that I do not have any significant extra curricular activity involvement that can be shown.


Also, I had to leave my job in March 2013 due to health issue of my Dad so I have been out of work for around 3 months as of now. Can this have a serious impact on my profile?
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New post 20 Dec 2013, 05:43
hello,

i would like you to guide me on which b schools i can apply with the following credentials:

good academic background
Biotech engineer
2.5 yrs work ex with Infosys in technology as well as consultancy work.
1.5 yr ex in sales & operations in family-owned manufacturing buisness
Extra curricular in college: Dramatics, Tech ppt etc.
2 yrs with Toastmasters International ( in executive committee as well as several other events)
NGO- weekend teaching
GMAT score 620 ( first attempt) 610( second attempt)

Looking forward to an MBA in general management. second preference would be Marketing & entrepreneurship.
I m looking for options globally including US , Canada Singapore, Europe etc.

My GMAT score is low, but i dont have much time to go for 3rd attempt also. I have heard that certain college encourage women with entrepreneur work ex with little low score also.. is it right?

Right now m looking at USC Marshall, Simon, Schulich, NTU...

please guide me .
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New post 29 Oct 2014, 09:05
Hi,

I just gave the GMAT(first attempt) and scored a 680(Quant - 49, Verbal - 33).
I am planning to apply for MBA classes starting in fall 2015.

My profile reads as follows:

GMAT 680
work ex : 19 months (Software Developer)
Graduation : B.Tech(College Topper)
12th : 79.2%
10th : 80.8
Indian Female (Age 24)

I want to do MBA in Finance and some of the colleges which I have shortlisted include INSEAD, NYU Stern, UCB(Hass,University of California),Michigan Ross,Said Oxford,UCLA Anderson.

Can you please suggest whether I should apply this year in second round for these colleges.(Example: second round deadlines for INSEAD and NYU Stern is in mid November) and would be great if you could suggest some more good colleges for MBA in Finance.

Thanks in Advance!!
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GMAT 1: 730 Q50 V38
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New post 16 May 2015, 21:20
Hey Everyone,
I would be really thankful to you all if you could just let me know where I stand.

GMAT score - 730(Q50 V38)
Btech - 55 percent from a pretty normal college and I took an extra year to complete it.
Class 12th - 80%
Class 10th - 83%

Work Ex - At present I have 3 years of experience in banking operations that includes 2 years in Barclays as a frontline banker working on email and telephone platform. I am currently an analyst at american express banking corporatuion providing Global Account Management for Travelers Cheque, Gift Cheque & Prepaid Card products to American Express Selling Partners globally (Americas, EMEA and JAPA region).
I have done alright at work and have a couple of awards to show.

I have been working with a world renowned NGO for over an year now and have helped them in various projects for which they are will to fill any recommendations for me.

Co curriculars are decent

I am looking to do an MBA in finance and will hopefully clear the FRM exams before starting with it.

Please let me know what are the safe schools for me in Canada and United States. I would want to work in the finance (risk) sector at a major bank post my mba.

Just to make it more clear my degree is from 2008 - 2012, however I did not complete all exams on time and my transcripts reflect that.
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New post 20 May 2015, 22:08
Hi ,

I am planning to apply for Fall-16 intake. Would love to have your inputs on my profile .

Any stretch / safety school advice is always helpful as well.

Demographics:
-24 year old Indian Male (25 at joining)

GMAT:
-750 (Q 49, V 44)

Undergrad:
-VIT University : BTech ( Mechanical Engineering )
-GPA of 7.9/10.
-Was a part of the Collegiate Cultural Fest for all the four years of my undergrad. The university being a 10000+ student campus raises the stakes much higher.
-Was involved with a variety of other events and clubs at college.

Work Experience:
-Currently 3 years (4yrs at matriculation) in an Indian company which is a market leader in Air-Conditioning . I am involved with Blue Star in the role of a Sales Executive. Have had a good track record.
-Currently managing an entire sales territory .

Volunteer Experience:
-Worked with a NGO ( Make a Difference ) as a fundraising intern raising money to fund and support education for 12 underprivileged children.
Extracurricular:
-Interested in variety of activities. Long Distance Cycling / Swimming / Spanish .
Currently undergoing a certification program. Should gain Basic Certification at the time of application.

MBA Major:
-Strategy / Leadership

Post MBA Goal:
-Strategy / Leadership consulting

Targeted MBA Programs:
- UVA
-Tuck
-Duke
-MIT Sloan ( STRETCH )
-Emory
-Ross

Any other advice on programs or anything is welcome, thanks!
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New post 30 Jun 2016, 18:01
Hi everybody!

I do really need a feedback on my profile. I want to go for mba and want to understand what level of b-school I can count on.
Im 27 and holding a Russian passport, have 4,5 years of working experience, but1,5 years I had been working before graduating from uni despite working full-time.
Got my bachelor degree in management from economic faculty of Lomonosov Moscow State University and MSc in Energy,Trade and Finance from Cass Business School London both with merit.

All of my jobs were linked to Oil and Gas, firstly I worked 1,5 years for Gazprom subsidiary in Moscow where I was in Commercial and Project Management Departments and later after my masters I moved to oil trading where I worked as Analyst in Moscow rep office for Swiss based commodity trader for 1,5 years and afterwards went to Dubai to small bunker trading house with only 4 people in the office for also 1,5 years. I stuck in the position of Financial Supervisor and want to do MBA for career progression.

my goal is to switch to finance/consulting, would be ideal to get to the mentioned fields but still be linked to Oil&Gas or commodities (like trade finance or Oil&Gas consulting) or to go to one of the Oil&Gas Majors.

I haven't taken GMAT yet but hope to get 670-710 range, that means that I am planning take test until getting the mentioned score.

Looking mostly for European school, LBS MBA is a first choice but also considering for LBS MIF as an alternative because it seems reasonable for me to get derivatives and risk management specialization to pursue my goal (and it is one year program being an advantage from my point of view). But still have doubts may be to go for one-year MBA rather than MIF (like Oxbridge or HEC Paris).

Another consideration is about whether it is worth it to go back studying again as it is not very common to have MBA in commodities sector and just to keep on working.

I would really appreciate your feedback/comments/suggestions

Many thanks
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New post 27 Dec 2016, 06:54
Hi,

I request you to evaluate my profile. I am really confused. I scored 710 (q-49,v-39, ir-4) in GMAT. I have experience of 27 months . My condition after mba is to come back to india and work in india, prefebally in product management and long term goal after 5 years to start my own venture. I am aiming at ISB india, Nanyang, singapore, NUS singapore, please also suggest colleges which would be feasible (cost basis) , so that i can work in india

2010-2013 - Bachelors of Business economics from delhi university

Highlights- started up a venture in 2011-2012 with classmates. I was the main founder. Developed the whole idea and the Website . we were able to have positive revenue from day1. Stopped because of issues between co-founders.

Developed online registration websites for multiple college fests
Member of Aiesec. Hosted Foreign students who were interning in my city
Participated in college level Mun's, business competitions and debates.

2013- 2014 (9 months)- Worked as Analyst(online sales) with an e-commerce arm of a company selling refurbished electronics. Area of responsibilities was equivalent to that of an assistant product manager.
Highlights- worked on revamping the website's design and supervised development of new features including making the site mobile friendly. Interviewed candidates for 'UI designer' profile. Created macro based excel sheet for content team which decreased data entry time to 50% and increased accuracy by the same percentage. Implemented task management software instead of email for content team for better tracking and communication. Proposed and lead a project for creating a dynamic system where sales manager can use different design elements to highlight different product catalog on different days without asking tech team to do anything. Proposed and helped revamp the order tracking system for customers.

2014-2014 (one month)- Worked as a product manager with zomato, a leading food related startup in india.
Highlights -
I was called for an interview after the company's ceo read my post about the company on a social media platform. I was interviewed and hired directly by the ceo. Worked speficially on their newly launched social newsfeed. I proposed some drastic changes in the approach like showing stories based on user's favourite cuisines and locality based on user's history. I had to leave the company so early as my parents needed my urgent help in their construction project in my hometown.

2014 august- November 2015 (15 months) - Worked as Co-owner of a hotel construction project with my parents
Highlights-

My parents were planning a student's hostel but seeing the trend in the city, i asked them to convert the project in to a mid-budget Hotel. I was responsible for major design-related decisions and procurement of materials needed. I took all the major design decisions related to furniture, lighting, beds, floor, paint colors etc. During this time i contacted a manager of a major hotel brand for a possible partnership but it couldn't happen because of lack of funds required to furnish the brand's compliances. But nevertheless, I build good relationship with the manager and he connected me with several companies and contractors to procure materials and hire them . Because of this, i was able to get superior quality and low prices which was not possible to do on my own. During this time, I learned a lot from my parents who have been doing business for last 25 years. I also experienced the Ground realities in India like challenges faced by small businessmen, hardships of the laborers and low waged employees.

July 2015- December 2015(5 months) - while working on the hotel project, I didn't want to leave my interest in online consumer internet sector, so with a friend, I started an online event discovery website based in Delhi. I hired a programmer based in another city, worked on the user interface and design myself and skyped till late in night with him to coordinate the project, my friends was talking to event organizers in Delhi as I couldn't go there because of hotel project but I used to go on weekends. I had to stop it unfortunately as it was getting very difficult to manage two projects and ultimately I chose hotel project as more funds were invested in that and a huge risk involved

December 2015- current(1 year) - Starting and running the hotel

Started the operations of the hotel. Hired the staff. my parents helped a lot in making key hire decisions. My father taught me to keep an eye on Finances. Developed key relationships with executives of different online hotel selling companies and listed the hotel on several websites. created website for hotel. I give incentive to staff based on customer reviews. In one year, we have averaged occupancy above 70%, build tieups with corporate companies and we get positive customer reviews. But the main important thing i learned is there are huge problems to solve and oppurtunities in india and i need a better platform, oppurtunity to connect with great people and enhance my skill set to fulfill my long term goal of creating a postive impact on the society.
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New post 08 Mar 2017, 00:36
Hello Expert,

GMAT - 710( QA 49 VA 36 IR - 7/8 AWA 6/6 )

Ethnicity- Indian
Male , 25 years old
Btech (Mechanical) - 2013 - 69% [ Under grad]
12th - 2009 -87%
10th (ICSE) - 2007 - 75%

Work Experience - 43 months as on Date will reach 48 months by August ( At the time of applying will have around 49-50 months work experience)

I am currently working as a business development executive at a startup and have worked with a government agency to design some training programs for their employees to effectively use social media for better E-Governance and have worked on building an android application along with successful launching of a online platform designed for certain companies. ( working for about 2 years here).Working alongside here , My father owns an advertising agency in which i play a role too because it is a family business and i need to look after when he is away and have helped create logos for the Government of Telangana. I am from Hyderabad , India and Telangana is the State. So i do not know how to leverage this work because in my own personal opinion I think it is great to have worked on a few government projects and design logos for it. The logo is evident on their websites and posters and all over the city . So i think i can give me some edge but any opinion regarding this will be considered. Prior to this i worked with Google for a year via a third party. I worked there as a business analyst.

EC

Sports - Swimming, basket ball , kabbadi , table tennis and badminton , Boxing .
Won the 1st Place in basketball at College (team event) .
Participated in multiple university and state level competitions . (table tennis)
Participated in a national level debate and Adjourned best speaker in a debate at a college level event.
Winner of an Extempore at a national level technical fest
Participated in multiple public speaking events and debates
The president of a Student Body in college for 2 years until the end of graduation undertaking lot of responsibilities and conducting multiple events
Organiser of the Sports Fest for 3 years along with a team under me and successfully organised multiple events. Along with Organizing as a sports player had to participate thus managing both organizing and playing.

I was the anchor for the Annual Day for 2 years and conducted the event in a splendid fashion
Class representative and event organiser for the college Fest for 4 years
Musical instruments learned - Keyboard , Guitar
Performed in the annual day and formed an own band during the college days and participated in college events.
learnt Classical singing for over 11 years and still learning
An active member of NSS during college and couple with the other activities i had , went on to form events to distribute food , books , clothes to the needy and have taught maths and physics to the needy .
Associated with an NGO as well , hope this help in application process


Academic Projects and Achievements

Always in the reckoning of the class - top 5%
95th percentile in CAT ( Management Exam in India) a neccesity to get in the reputed IIM’s ( Indian Institute of Management) and 90th percentile in XAT ( Management Exam for XLRI - Xavier School of Management)
Multiple projects in Robotics and designed various prototypes using basic principles of robotics and have done an internship in a PSU regarding steam engines

Final project in College related to Robotics – 6 degree Stewart Gough Platform
I have been to multiple industries such as steel pant , iron ore plant and a couple of thermodynamic industries to see the functioning of machines and an automobile industry as well to see the understanding of manufacture of components.
Softwares learned - CAD/CAM , Catia , Solid Works , Pro-E , Ansys (taught during academic rigour ) along with the normal C , C++ , Blue Java , MS office etc.




Q) Do you have a specific Company to work for? - I do not have a specific company to work for. My areas of interest are marketing and consulting . Of course every aspirant desires to be in the best of the best companies. Rather than working for a company would love to have company of my own down the line

Q) what do i want from my MBA? - I want my MBA to provide the knowledge n specific skills to run a business. It comes with experience i am sure but an MBA adds value and can make one think better in terms of the business. I would like to start a company of my own. My father has his own business and i want to diversify its services . A marketing related MBA would help me to make my company more reachable to cater to the needs of clients. At this stage my answer isn't clear and might be vague but i still haven't put a thought to it . Mostly like i wish MBA helps me better to run a business

Q) Mba full time/part time - I would want to do an MBA full time (2/1 year is fine) . I turned 25 last week so at the moment thinking i could use 2 years for an MBA unless a one year MBA suits me more. I am willing to relocate and looking for schools in India , US , UK , Singapore

Areas of Interest - Marketing / Consulting
Dream School – Kellog (Marketing)

What schools would you suggest to apply to based on this Profile assuming i still score a 710 in my retake . Targeting R1 this year , want to join a school in 2018

Other schools on my mind - Yale , Oxford , NUS , NTU , ISB . Also do i stand a chance at Harvard/ Stanford / Haas ( the elite ) if not what can i do to solidify my application for applying to these schools. I would like to apply to 6 schools One in India (ISB) , 3 In the United States , 1 in UK , 1 in Singapore , i haven't given much of a thought but any advice here would help

Target Score for Retake - 740 (QA 50 VA 40) , owing to my poor academics , i thought of giving the exam another shot and I represent a demography of very high scores

Regards,
HK


P.S - sorry for keeping it long , i might have missed out anything , feel free to ask something if it is missing
Re: Ask MBA Prep School   [#permalink] 08 Mar 2017, 00:36

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