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May 0408:30 AM PDT
-09:30 AM PDT
A low GMAT score does not automatically end your MBA admission chances. Every year, top business schools admit candidates whose GMAT scores fall below the class average — not because the score doesn’t matter, but because the rest of the application....
May 0507:00 PM EDT
-08:00 PM EDT
In this live 60-minute masterclass, How to Get Ahead of MBA Recruiting Now, we’ll walk through the four biggest mistakes incoming MBAs make and how to avoid them so you’re not scrambling to catch up once recruiting begins.
May 0710:00 AM EDT
-10:30 AM EDT
Sia Admissions Founder Susan Berishaj is covering this live on YouTube, May 7: how admissions committees actually evaluate goals statements, who is in the room, and why the goals statement most applicants submit wouldn't survive that conversation.- May 07
11:30 AM PDT
-12:30 PM PDT
Most MBA resumes fail not because of weak experience — but because of how that experience is presented. In this episode, we break down what makes an MBA resume effective, and how to shift from listing responsibilities to demonstrating impact... - May 08
08:00 AM PDT
-08:30 AM PDT
Join the special YouTube live-stream for selecting the winners of GMAT Club MBA Scholarships sponsored by Juno live. Watch who gets these coveted MBA scholarships offered by GMAT Club and Juno.
11 Nov 2010, 22:52
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Awesome.. Bschool = freedom! Well said...
Posted from my mobile device
precisionessay
Posted from my mobile device
12 Nov 2010, 23:39
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Hello my friends.
Been doing a TON of mock interviews, as you can all imagine. So I wanted to hit just a couple thoughts that we have been repeating over, and over, and over...
: )
For everyone's benefit.
1) Interviews are out loud, not written down. Why is this relevant? Because you can be juuust a bit more flexible in your retelling of stories. Just as is true in real life, verbal "contracts" are a biiiiit more flexible than written ones. We are allowed to engage in some puffery when we speak with people; after all, nobody can do a background check on "what you said in your interview," if you know what I mean. You should of course never lie. But the burden of proof is a liiiiittle bit different when we chat with people, than when we commit to things in writing. If you know what I mean.
2) The rule of threes. Why Wharton? Why MBA? Back up plan if you dont get your job in PE? Think in THREES. Three reasons why Wharton. International, Finance, and some third personal reason. Three back up plans. Well plan A is to GET the job. Plan B is the same job w a lesser firm. Plan C is, if need be, back to my old industry where theyd loooove to have me back. One quick response isnt enough. Two may not even cut it--think in threes gang. Its a great trick to a well-rounded answer.
3) At the end of the interview, dont start your questions with an open-ended, "Now, Mr. Interviewer, tell me about YOU." That is juuust a bit aggressive. No need to turn the tables like that--your guy may not dig it. Instead, start with a more benign question. "Gosh, what have you liked the most about Wharton." Or "What has the most surprising thing been about Wharton," or even "What do you wish you had known" etc. From THERE, get the guy talking. Ask follow up questions. "Oh cool, were you born in Spain?" You get the idea--he will offer up details about his life if he wants to get into em. But dont simply turn the tables--"Why dont YOU tell me a bit about YOURself" etc. He may not like it. I know I never like it when the interviewee becomes the interviewer.
Hope this helps gang, and as always, keep in touch...
JDF
Founder, PE
Been doing a TON of mock interviews, as you can all imagine. So I wanted to hit just a couple thoughts that we have been repeating over, and over, and over...
: )
For everyone's benefit.
1) Interviews are out loud, not written down. Why is this relevant? Because you can be juuust a bit more flexible in your retelling of stories. Just as is true in real life, verbal "contracts" are a biiiiit more flexible than written ones. We are allowed to engage in some puffery when we speak with people; after all, nobody can do a background check on "what you said in your interview," if you know what I mean. You should of course never lie. But the burden of proof is a liiiiittle bit different when we chat with people, than when we commit to things in writing. If you know what I mean.
2) The rule of threes. Why Wharton? Why MBA? Back up plan if you dont get your job in PE? Think in THREES. Three reasons why Wharton. International, Finance, and some third personal reason. Three back up plans. Well plan A is to GET the job. Plan B is the same job w a lesser firm. Plan C is, if need be, back to my old industry where theyd loooove to have me back. One quick response isnt enough. Two may not even cut it--think in threes gang. Its a great trick to a well-rounded answer.
3) At the end of the interview, dont start your questions with an open-ended, "Now, Mr. Interviewer, tell me about YOU." That is juuust a bit aggressive. No need to turn the tables like that--your guy may not dig it. Instead, start with a more benign question. "Gosh, what have you liked the most about Wharton." Or "What has the most surprising thing been about Wharton," or even "What do you wish you had known" etc. From THERE, get the guy talking. Ask follow up questions. "Oh cool, were you born in Spain?" You get the idea--he will offer up details about his life if he wants to get into em. But dont simply turn the tables--"Why dont YOU tell me a bit about YOURself" etc. He may not like it. I know I never like it when the interviewee becomes the interviewer.
Hope this helps gang, and as always, keep in touch...
JDF
Founder, PE
14 Nov 2010, 20:35
Kudos
Bookmarks
Today, I would like to return to one of my favorite topics of discussion--REAL ESTATE.
As many of you know, I own and manage a number of properties here in sunny Chicago. I also did real estate development both before and after HBS, most recently with a leading developer in Chicago. That was, of course, before this company took over my life. : )
Now, lets talk about reality. Ive read a few apps in the last couple days where folks are talking about starting their own RE shops directly after bschool. Hm. Really? Wheres the money gonna come from dude! : ) Howbout this--even if you can raise the cash to do your first deal, wheres your income gonna come from? Also, who's gonna guarantee the loan?
And by the way, even if you do a 50 unit deal--how much free cash flow will there be? And if you have an equity partner, how much are you gonna make? Run the numbers guys. This will NOT support you. Trust me, I own three deals...and Im not retiring any time soon.
Lets be realistic gang. The idea of doing your own deals right out of school is...VERY risky. And adcoms--especially at RE savvy schools (CBS, NYU, Haas, Wharton, etc.) know it. Short-term, get a J-O-B. Development Associate, Associate, even RE Banking--you name it. Youre not kidding anyone with this "entrepreneurship" angle. Instead, play it niiiice and safe...
Hope this helps, and go get em.
As many of you know, I own and manage a number of properties here in sunny Chicago. I also did real estate development both before and after HBS, most recently with a leading developer in Chicago. That was, of course, before this company took over my life. : )
Now, lets talk about reality. Ive read a few apps in the last couple days where folks are talking about starting their own RE shops directly after bschool. Hm. Really? Wheres the money gonna come from dude! : ) Howbout this--even if you can raise the cash to do your first deal, wheres your income gonna come from? Also, who's gonna guarantee the loan?
And by the way, even if you do a 50 unit deal--how much free cash flow will there be? And if you have an equity partner, how much are you gonna make? Run the numbers guys. This will NOT support you. Trust me, I own three deals...and Im not retiring any time soon.
Lets be realistic gang. The idea of doing your own deals right out of school is...VERY risky. And adcoms--especially at RE savvy schools (CBS, NYU, Haas, Wharton, etc.) know it. Short-term, get a J-O-B. Development Associate, Associate, even RE Banking--you name it. Youre not kidding anyone with this "entrepreneurship" angle. Instead, play it niiiice and safe...
Hope this helps, and go get em.
