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Directory of MBA Applicant Blogs

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Manager
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Joined: 29 Jan 2014
Posts: 122

Kudos [?]: 163 [0], given: 28

Location: United States
Concentration: Strategy, General Management
Schools: Stern '16 (M)
GMAT 1: 770 Q51 V44
WE: Analyst (Retail Banking)
Re: Directory of MBA Applicant Blogs [#permalink]

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New post 14 Mar 2017, 00:01
2
This post was
BOOKMARKED
FROM MBA Data Guru: US News MBA Ranking 2017: The Redemption of Stern
US News MBA Ranking 2017: The Redemption of Stern

Image
Photo credit: Anmar El-Khalil during graduation week 2016

Last year when the MBA rankings came out for US News and World Report, NYU was shocked and horrified. The school that was ranked 10 when we were admitted had dropped to 20. We all invested approximately $300K* in getting an MBA and now the perceived value of our degree had dropped significantly. In reality, many of us from the class of 2016 already had jobs so it would have little to no effect on us, but it was still a slap in the face. Either way, it felt awful and was a terrible way to end our MBA experience.

That Sprint we held monthly town hall meeting to discuss the action the administration was taking to correct the rankings problem. Some people felt defeated and bitter and others were energized to correct this grave injustice. We poked fun at ourselves at Stern Follies #Top20MBA. No matter how people behaved in reaction, underneath we were all really hurt by what had happened.

So the real question is why did NYU drop 9 places to 20. US News and World Report admits that they were missing one data piece from Stern and that they pulled a random value out of their @#$ to fill in for that number rather than ask us for it. Rankings are serious business and can seriously impact application volume and matriculation for schools, so US News should not take it lightly. The protocol for data submission starts with the school submitting roughly 300 pieces of data. Next, US News confirms that they received all the data that they need before calculating the rankings. Next they generate the rankings, and finally they publish them.

US News knew that they were missing 1 data point from Stern for the rankings, yet they never informed us of it. US News is supposed to verify that they have received all data points before starting the ranking process. Someone at US News had to spend time “estimating” the one piece of data that was missing yet it never occurred to them that they might just drop us an email to inform us of the missing value. They ended up coming up with an estimate that was wildly off by around 2000 basis points.

As a reasonable person, I have a hard time believing that US News did not do this maliciously. Rankings that stay the same each year are boring and don’t get attention. However, when there are big moves it attracts attention. I believe that US News knew exactly what they were doing when they decided to publish the rankings with their fabricated data point because they knew it would it would attract headlines and generate revenue for their company.

This year NYU Stern submitted all of the data points and bounced back to number 12. I don’t think that US News ever had anything against Stern but they also didn’t care if they hurt people in their quest for more pageviews. It feels good to be back in the general rankings range that I started my MBA, but I can’t help but have a bad taste in my mouth.

Stern is truly an amazing school and I owe much of my success to it. Not only does it have top notch professors, but the students are both talented but also down to earth. Some MBA programs are cutthroat, but NYU is not one of them. Everyone is extremely collaborative and works well in a team environment. We help each other rather than compete.

The head of Stern recruiting at a consulting firm once told me a story about recruiting at Stern. He told a partner that they had to be more harsh with the interviews in the afternoon than the morning at Stern. The partner had not attended Stern, so he didn’t understand why. So this consulting manager informed him that NYU students puts the school and each other ahead of themselves and they will help each other prep for the interviews even if it hurts themselves. In my experience at Stern, we lived up to that expectation. Everyone was collaborative and helpful. No one was cutthroat. It is an amazing place to get your MBA.

*$120K in tuition and $180K in salary opportunity cost.

MBA Data Guru - Business school admissions data and analysis
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

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MBA Data Guru Blog

Kudos [?]: 163 [0], given: 28

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Joined: 03 Aug 2016
Posts: 175

Kudos [?]: 68 [0], given: 33

Location: Canada
GMAT 1: 660 Q44 V38
GPA: 3.9
WE: Information Technology (Consumer Products)
Premium Member CAT Tests
Re: Directory of MBA Applicant Blogs [#permalink]

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New post 15 Mar 2017, 20:01
1
This post was
BOOKMARKED
FROM mbsingh: Wharton – Class Visit
Last one on this trip – Wharton.

I somehow booked the hotel with best view and most expensive internet ever. Wharton’s class visit was the most jam packed event out of all b-schools. From coffee with current students to class visit to lunch and campus tour to second class visit and then an information session.Getting to Wharton was fairly easy. I stayed in Centre city and Wharton’s surrounding area is called U-city (roughly 10 min drive & $10-15 taxi). Campus is a centre walk called locust walk where buildings on either side are different departments or schools. Admissions office is in a building called Vance Hall. Image
I got there bit early and signed up for my first class – Business Analytics by Sergei Savin. Current students showed up and talked about their experience so far. Wharton has second biggest MBA class so it has lot of diversity in terms of demographics, industry, ethnicity of students.  Students answered few questions and took us to our first class.

Image

Sergei is a really funny professor, one you can easily get used to. He emphasized that Wharton does one thing better than anyone else is connecting data/numbers with people. Being a BI analyst i understand how important it is to have Technical skill set but also a business mindset to answer the questions more effectively and help make informed business decisions. Wharton is quant focused and it shows. For lunch and campus tour, current first year student was assigned to our group (myself and 4 other students). He had just gotten back from japan last night, but lack of sleep or jet lag didn’t affect his enthusiasm about the campus tour which is a positive sign. Keep in mind my sleep was all over the place and i only had 3 hour difference, he was coming from other side of the globe. So i had more appreciation for his effort.  After the campus tour we were sent to our second class, this time i chose Venture capital and the finance of innovation. Boy o boy, my sleep deprived brain couldn’t handle all the numbers thrown at him. Valuation by DCF is an interesting topic and i learned a LOT. I think if i had read some introduction about it, or read the chapter assigned it would’ve been a different story but still i was able to hang in there and get most out of it.

Image

Wharton class visit was exceptionally pleasant experience. I had strong affinity towards Wharton and i feel like its justified.  I still have few more schools on my radar that i want to check out but this 2 week trip has come to an end.

 

Auf Wiedersehen

Image
Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

My MBA Journey - https://smalldoubledouble.com

Kudos [?]: 68 [0], given: 33

Manager
Manager
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Joined: 29 Jan 2014
Posts: 122

Kudos [?]: 163 [0], given: 28

Location: United States
Concentration: Strategy, General Management
Schools: Stern '16 (M)
GMAT 1: 770 Q51 V44
WE: Analyst (Retail Banking)
Re: Directory of MBA Applicant Blogs [#permalink]

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New post 16 Mar 2017, 22:01
FROM MBA Data Guru: MBA Acceptance Rate by Round (including class of 2018 data)
MBA Acceptance Rate by Round (including class of 2018 data)

The third round of MBA applications is notorious for having a lower acceptance rate. With the third round application deadlines approaching quickly for most business schools, you may be wondering if the stereotype about the third round is fact or fiction. I updated my analysis of MBA acceptance rate by round with the last 2 years of data and I expanded it to include Olin, Georgetown, USC, Arizona State and Vanderbilt.

This analysis was done using self-reported data from GMAT Club. Data from the class of 2014 through the class of 2018 was used because otherwise there would not be enough data for round 3 and 4 to accurately capture the acceptance rate.

MBA Acceptance Rate by Round Key Takeaways
  • At almost all top 15 schools applicants have a moderate to significant disadvantage when applying during the 3rd and 4th round
  • Applicants to schools ranked 16 to 25 had little to no disadvantage when applying in the 3rd and 4th round
  • On average, top 15 schools had a much larger drop in applicant GMAT from round 1 to round 3 (16 points) than the rest of the top 25 (4 points), but GPA decline was identical (.07)
  • Schools with the largest drop in acceptance rate from round 1 to 3 also had the largest drop in GMAT (20 points)
  • Schools with moderate drop in acceptance rate from round 1 to 3 had a smaller drop in GMAT (10 points)
  • Schools that have no disadvantage when applying 3rd round had almost no drop in GMAT (3 points)
Schools where round doesn’t matter
Although 60% of the top 25 schools are noticeably impacted by which round you apply, several schools don’t appear to care when you apply. Stanford GSB and NYU Stern are the only two schools in the top 15 that are not influenced by which round an applicant applies. Cornell, UNC, Tepper, Emory, Kelley, USC, ASU and Vanderbilt all appear to be unaffected by which round a candidate applies.

Schools where round has moderate impact
Many schools in the across the entire top 25 are moderately impacted by application round. This include top 15 schools such as Kellogg, Tuck, CBS (rolling admission), Ross and Duke. McCombs, Georgetown and Olin are all only minimally impacted by application round.

Schools where round has high impact
Only schools in the top 15 seem to be highly impacted by applying 3rd round. HBS, Wharton, Haas and Darden are most impacted by round. Booth, Sloan, Yale and UCLA are also significantly affected by application round.

MBA Acceptance Rate by Round

Rank
School
R1
R2
R3
R4

1
Harvard University (HBS)
13%
8%
4%


1
University of Pennsylvania (Wharton)
20%
20%
0%


3
University of Chicago (Booth)
26%
23%
13%


4
Stanford University (GSB)
6%
6%
6%


4
Northwestern University (Kellogg)
22%
20%
13%


4
Massachusetts Institute of Technology (Sloan)
18%
10%
Low data


7
University of California—​Berkeley (Haas)
14%
14%
6%
Low data

8
Dartmouth College (Tuck)
26%
24%
20%
7%

9
Columbia University (CBS)
20%
16%



9
Yale University (YSOM)
21%
21%
11%


11
University of Michigan—​Ann Arbor (Ross)
26%
31%
24%


12
New York University (Stern)
19%
22%
22%
Low data

12
Duke University (Fuqua)
24%
23%
15%


14
University of Virginia (Darden)
29%
28%
13%


15
University of California—​Los Angeles (Anderson)
19%
22%
9%


16
Cornell University (Johnson)
33%
33%
31%
33%*

17
University of Texas—​Austin (McCombs)
32%
28%
24%
Low data

18
University of North Carolina—​Chapel Hill (Kenan-​Flagler)
26%
33%
44%
38%

19
Carnegie Mellon University (Tepper)
25%
36%
34%
Low data

20
Emory University (Goizueta)
27%
35%
32%
25%*

21
Georgetown University (McDonough)
41%
47%
32%


21
Indiana University (Kelley)
22%
39%
34%


21
Washington University in St. Louis (Olin)
31%
31%
27%
28%

24
University of Southern California (Marshall)
26%
32%
23%*


25
Arizona State University (Carey)
37%
20%
37%
Low data

25
Vanderbilt University (Owen)
41%
41%
49%
45%*

*Very few data points are available, so confidence on the accuracy is also low.

MBA Data Guru - Business school admissions data and analysis
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

MBA Data Guru Blog

Kudos [?]: 163 [0], given: 28

Manager
Manager
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Joined: 29 Jan 2014
Posts: 122

Kudos [?]: 163 [0], given: 28

Location: United States
Concentration: Strategy, General Management
Schools: Stern '16 (M)
GMAT 1: 770 Q51 V44
WE: Analyst (Retail Banking)
Re: Directory of MBA Applicant Blogs [#permalink]

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New post 17 Mar 2017, 12:01
FROM MBA Data Guru: Updated MBA Acceptance Rate by Round
Updated MBA Acceptance Rate by Round

The third round of MBA applications is notorious for having a lower acceptance rate. With the third round application deadlines approaching quickly for most business schools, you may be wondering if the stereotype about the third round is fact or fiction. I updated my analysis of MBA acceptance rate by round with the last 2 years of data and I expanded it to include Olin, Georgetown, USC, Arizona State and Vanderbilt.

This analysis was done using self-reported data from GMAT Club. Data from the class of 2014 through the class of 2018 was used because otherwise there would not be enough data for round 3 and 4 to accurately capture the acceptance rate.

MBA Acceptance Rate by Round Key Takeaways
  • At almost all top 15 schools applicants have a moderate to significant disadvantage when applying during the 3rd and 4th round
  • Applicants to schools ranked 16 to 25 had little to no disadvantage when applying in the 3rd and 4th round
  • On average, top 15 schools had a much larger drop in applicant GMAT from round 1 to round 3 (16 points) than the rest of the top 25 (4 points), but GPA decline was identical (.07)
  • Schools with the largest drop in acceptance rate from round 1 to 3 also had the largest drop in GMAT (20 points)
  • Schools with moderate drop in acceptance rate from round 1 to 3 had a smaller drop in GMAT (10 points)
  • Schools that have no disadvantage when applying 3rd round had almost no drop in GMAT (3 points)
Schools where round doesn’t matter
Although 60% of the top 25 schools are noticeably impacted by which round you apply, several schools don’t appear to care when you apply. Stanford GSB and NYU Stern are the only two schools in the top 15 that are not influenced by which round an applicant applies. Cornell, UNC, Tepper, Emory, Kelley, USC, ASU and Vanderbilt all appear to be unaffected by which round a candidate applies.

Schools where round has moderate impact
Many schools in the across the entire top 25 are moderately impacted by application round. This include top 15 schools such as Kellogg, Tuck, CBS (rolling admission), Ross and Duke. McCombs, Georgetown and Olin are all only minimally impacted by application round.

Schools where round has high impact
Only schools in the top 15 seem to be highly impacted by applying 3rd round. HBS, Wharton, Haas and Darden are most impacted by round. Booth, Sloan, Yale and UCLA are also significantly affected by application round.

MBA Acceptance Rate by Round

Rank
School
R1
R2
R3
R4

1
Harvard University (HBS)
13%
8%
4%


1
University of Pennsylvania (Wharton)
20%
20%
0%


3
University of Chicago (Booth)
26%
23%
13%


4
Stanford University (GSB)
6%
6%
6%


4
Northwestern University (Kellogg)
22%
20%
13%


4
Massachusetts Institute of Technology (Sloan)
18%
10%
Low data


7
University of California—​Berkeley (Haas)
14%
14%
6%
Low data

8
Dartmouth College (Tuck)
26%
24%
20%
7%

9
Columbia University (CBS)
20%
16%



9
Yale University (YSOM)
21%
21%
11%


11
University of Michigan—​Ann Arbor (Ross)
26%
31%
24%


12
New York University (Stern)
19%
22%
22%
Low data

12
Duke University (Fuqua)
24%
23%
15%


14
University of Virginia (Darden)
29%
28%
13%


15
University of California—​Los Angeles (Anderson)
19%
22%
9%


16
Cornell University (Johnson)
33%
33%
31%
33%*

17
University of Texas—​Austin (McCombs)
32%
28%
24%
Low data

18
University of North Carolina—​Chapel Hill (Kenan-​Flagler)
26%
33%
44%
38%

19
Carnegie Mellon University (Tepper)
25%
36%
34%
Low data

20
Emory University (Goizueta)
27%
35%
32%
25%*

21
Georgetown University (McDonough)
41%
47%
32%


21
Indiana University (Kelley)
22%
39%
34%


21
Washington University in St. Louis (Olin)
31%
31%
27%
28%

24
University of Southern California (Marshall)
26%
32%
23%*


25
Arizona State University (Carey)
37%
20%
37%
Low data

25
Vanderbilt University (Owen)
41%
41%
49%
45%*

Check out the upcoming deadlines for round 3 and 4.

*Very few data points are available, so confidence on the accuracy is also low.

MBA Data Guru - Business school admissions data and analysis
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

MBA Data Guru Blog

Kudos [?]: 163 [0], given: 28

MBA Blogger
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Joined: 21 May 2016
Posts: 21

Kudos [?]: 10 [0], given: 0

Location: Peru
GMAT 1: 750 Q51 V40
Re: Directory of MBA Applicant Blogs [#permalink]

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New post 19 Mar 2017, 08:01
FROM Oh Kay MBA: After being admitted
I know it has been a long time since my last update. Since being admitted, I have had a lot going on. In relation to MBA, I met some of my future classmates and attended First Day, the welcoming event at Booth. Afterwards, I paid the deposit and accepted my offer. So, now, I’m officially starting Business School in September!

During all this time, I have gone through 4 different stages that I can sum up in this infographic.

Image

 

Luckily, right now, I think I’m leaving an stage of stagnation -or as I call it, “Chill out” – into one of getting it done.

Now, to make to checklist!

 

Image
Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

Kudos [?]: 10 [0], given: 0

Manager
Manager
avatar
Joined: 29 Jan 2014
Posts: 122

Kudos [?]: 163 [0], given: 28

Location: United States
Concentration: Strategy, General Management
Schools: Stern '16 (M)
GMAT 1: 770 Q51 V44
WE: Analyst (Retail Banking)
Re: Directory of MBA Applicant Blogs [#permalink]

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New post 19 Mar 2017, 10:01
FROM MBA Data Guru: Best Schools for Young MBA Applicants
Best Schools for Young MBA Applicants

Deciding when to start applying to business school can be a challenge. Salary increases dramatically after an MBA, but schools tend to prefer applicants with more work experience. I looked at the top 25 US MBA programs’ admission data to find the best schools for young MBA applicants in terms of chance of being admitted. I analyzed the MBA acceptance rate by age to see which schools had the smallest disadvantage for younger applicants relative to traditionally aged MBA applicants.

How Many MBA Applicants are Young?
I defined an applicant as young if they are 25 or younger. I compared the young MBA applicants to those who are the more typical age range of 26 to 29. Over the past 5 years, the number of young applicants has increased significantly from 13% of the applicant pool to 21% over the past 5 years. Despite the increase in supply of young applicants, there has not been a drop in acceptance rate for younger candidates.

MBA Applicant Age Distribution
Image

The rise in applications from younger applicants could be driven by some schools adopting programs specifically targeted at undergraduates. Harvard has the 2+2 program that allows undergraduates to apply to HBS while they are still in school. Those who are accepted must spend at least 2 years working full time before starting their MBA. NYU Stern also has a program targeted towards undergraduates called the Berkley Scholars. It is a very selective program where 5 to 6 undergraduates will get a full ride and a stipend for living expenses. Unlike Harvard’s 2+2 program, Berkley Scholars start their MBA immediately. The Berkley Scholars tend to do very well. From the class of 2016, two of the scholars joined McKinsey and one went to BCG.

Best Schools for Young MBA Applicants
Almost every school in the top 25 penalizes young applicants in admissions. On average young applicants have only 2.5 years of work experience which, is 2 years lower than traditionally aged applicants that are 26 to 29. Most of the best schools for young MBA applicants still moderately penalize younger applicants. Stanford is the only school that actually gives young applicants an advantage when they apply. My hypothesis is that it is related to their affinity for startups. If a young person has a great idea for a startup, will 2 more years working as a low level analyst really improve the odds of it working out? In the table below, the “Disadvantage for <25” column shows how much lower the odds are for a young applicant to be admitted. For example at MIT an applicant that is 26 to 29 has a 16% acceptance rate. The disadvantage factor is -10%, so the young MBA acceptance rate is 14.4%. I have included the average GMAT and GPA for reference.

School
Disadvantage

for <25
GMAT

(<25)
GMAT

(26 – 29)
GPA

(<25)
GPA

(26 – 29)

Stanford University (GSB)
52%
733
731
3.57
3.59

Washington University in St. Louis (Olin)
3%
719
712
3.52
3.46

Massachusetts Institute of Technology (Sloan)
-10%
720
729
3.56
3.52

Carnegie Mellon University (Tepper)
-16%
714
714
3.43
3.39

Georgetown University (McDonough)
-20%
699
699
3.43
3.35

University of North Carolina—​Chapel Hill (Kenan-​Flagler)
-26%
709
712
3.42
3.37

Cornell University (Johnson)
-28%
712
715
3.32
3.36

Columbia University (CBS)
-29%
722
726
3.55
3.49

Vanderbilt University (Owen)
-30%
698
692
3.49
3.34

University of Virginia (Darden)
-35%
723
718
3.44
3.39

Worst Schools for Young MBA Applicants
These schools are at the complete other end of the spectrum. These MBA programs severely penalize young applicants. It is interesting to see Berkeley, the other top California school, treats young applicants completely contrary to Stanford. Young applicants have a 72% lower chance of being admitted then applicants 26 to 29, despite the young applicants having higher GMAT and GPA. I was a little shocked to see Harvard featured so prominently on the list of worst schools for young MBA applicants given that they have the 2+2 program to attract young talent.

School
Dissadvantage for <25
GMAT

(<25)
GMAT

(26 – 29)
GPA

(<25)
GPA

(26 – 29)

University of California—​Berkeley (Haas)
-72%
722
721
3.56
3.51

University of Michigan—​Ann Arbor (Ross)
-64%
721
720
3.33
3.41

Harvard University (HBS)
-63%
731
732
3.59
3.58

Arizona State University (Carey)
-52%
690
687
3.46
3.41

University of Pennsylvania (Wharton)
-52%
734
731
3.56
3.55

Duke University (Fuqua)
-50%
716
717
3.46
3.42

University of Texas—​Austin (McCombs)
-49%
717
708
3.38
3.44

Dartmouth College (Tuck)
-48%
716
727
3.51
3.46

Indiana University (Kelley)
-47%
694
698
3.43
3.39

Yale University (YSOM)
-46%
713
724
3.49
3.47

University of California—​Los Angeles (Anderson)
-45%
720
718
3.48
3.47

University of Chicago (Booth)
-44%
726
731
3.56
3.52

Emory University (Goizueta)
-44%
714
705
3.46
3.37

Northwestern University (Kellogg)
-42%
730
724
3.5
3.49

New York University (Stern)
-41%
711
718
3.47
3.43

University of Southern California (Marshall)
-40%
703
707
3.52
3.42

MBA Acceptance Rate by Age Group
For reference, here are the raw MBA acceptance rates by age group for each school. I also looked at older applicants and plan to do a follow-up article focusing on applicants that are 30 years old and older.

Rank
School
<= 25
26 – 29
30+

1
Harvard University (HBS)
4%
12%
12%

1
University of Pennsylvania (Wharton)
10%
22%
15%

3
University of Chicago (Booth)
16%
28%
18%

4
Stanford University (GSB)
8%
5%
5%

4
Northwestern University (Kellogg)
14%
24%
26%

4
Massachusetts Institute of Technology (Sloan)
14%
16%
11%

7
University of California—​Berkeley (Haas)
4%
16%
8%

8
Dartmouth College (Tuck)
14%
27%
17%

9
Columbia University (CBS)
15%
21%
13%

9
Yale University (YSOM)
13%
24%
16%

11
University of Michigan—​Ann Arbor (Ross)
14%
40%
36%

12
New York University (Stern)
15%
26%
14%

12
Duke University (Fuqua)
13%
26%
24%

14
University of Virginia (Darden)
23%
36%
19%

15
University of California—​Los Angeles (Anderson)
14%
24%
22%

16
Cornell University (Johnson)
28%
40%
41%

17
University of Texas—​Austin (McCombs)
19%
37%
29%

18
University of North Carolina—​Chapel Hill (Kenan-​Flagler)
30%
41%
42%

19
Carnegie Mellon University (Tepper)
34%
40%
38%

20
Emory University (Goizueta)
22%
39%
42%

21
Georgetown University (McDonough)
39%
49%
46%

21
Indiana University (Kelley)
22%
42%
56%

21
Washington University in St. Louis (Olin)
34%
33%
38%

24
University of Southern California (Marshall)
24%
40%
35%

25
Arizona State University (Carey)
19%
39%
62%

25
Vanderbilt University (Owen)
35%
50%
63%

Are you curious what round to apply during? Check out my article on MBA Acceptance Rate by round.

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New post 27 Mar 2017, 09:01
FROM MBA Data Guru: Military MBA Acceptance Rate Analysis
Military MBA Acceptance Rate Analysis

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Transitioning from the military to MBA is a fairly popular path to follow. A little over 4% of MBA applications come from military veterans. When looking at the data comparing military applicants to traditional MBA applicants, a few trends become clear:

  • Military / Veteran applicants tend to be a year or two older.
  • Scores for military applicants are a little lower on average, about 15 points on the GMAT and about .15 for GPA
  • Military applicants on average have another year or two of work experience
  • Military MBA acceptance rate is about 50% higher than the acceptance rate for traditional applicants
For the purposes of this article, I define traditional applicants as individuals that have worked in finance, marketing, accounting, retail, STEM and healthcare. They make up around 86% percent of MBA applicants. I excluded applicants that had a background in education, entertainment, sports, hospitality, tourism, human resources, journalism, publishing, government and non-profit.

Military applicants on average have the highest acceptance rate despite having the lowest average scores. My hypothesis is that they tend to have more significant leadership experience than other applicants and tend to do well in job placement. They also know how to operate well under pressure. These traits are desirable for MBA programs.

Military MBA Acceptance Rate by Tier
For the purposes of this analysis, I broke the schools into tiers since not all schools have enough data on military applicants to look at individually.

  • Tier 1 is defined as the schools ranked 1 through 7: Harvard, Wharton, Booth, Stanford, Sloan, Kellogg and Haas.
  • Tier 2 is defined as schools ranked 8 through 14: Tuck, Yale, Columbia, Ross, Stern, Fuqua and Darden.
  • Tier 3 is defined as schools ranked 15 through 25: Anderson, Johnson, McCombs, Kenan-​Flagler, Tepper, Goizueta, McDonough, Kelley, Olin, Marshall, Carey and Owen.

Tier
Applicant Group
Accepted
GMAT
GPA
Age

1
Traditional
14%
727
3.53
27.3

1
Military & Defense
23%
719
3.39
28.4

2
Traditional
25%
718
3.45
27.3

2
Military & Defense
39%
705
3.28
28.9

3
Traditional
37%
709
3.43
27.1

3
Military & Defense
55%
685
3.23
28.8

As you can see, military applicants have a substantial advantage at tier 1, 2 and 3 schools. The tier with largest lift is actually tier 1, which has a 62% higher acceptance rate for military applicants compared to traditional applicants. Military applicants had a 58% higher acceptance rate for Tier 2 schools and 49% for tier 3. Military applicants had the smallest score gap for tier 1 schools and the largest gap for tier 3 where military applicants had a GMAT that is 24 points lower.

Military MBA Acceptance Rate Lift

School
Military Acceptance Rate Lift

Harvard University (HBS)
117%

University of Michigan—​Ann Arbor (Ross)
94%

Duke University (Fuqua)
90%

University of Pennsylvania (Wharton)
75%

Massachusetts Institute of Technology (Sloan)
71%

Northwestern University (Kellogg)
57%

Columbia University (CBS)
39%

Dartmouth College (Tuck)
36%

University of Texas—​Austin (McCombs)
30%

University of Virginia (Darden)
19%

University of Chicago (Booth)
11%

The chart above shows how much higher the acceptance rate for military applicants is compared to traditional applicants. Harvard had the highest lift, where military applicants are more than twice as likely to get accepted. At the other end of the spectrum is Booth, where military applicants only have a 11% advantage over traditional applicants. My advice for military applicants is to apply to Ross and Duke. They are really strong schools with a greater than 50% chance of admission. I only included schools where there is enough data.

I looked at the acceptance rates for the other schools but there wasn’t enough data to publish an actual number. So I grouped them into categories.

  • Schools with a large lift ( greater than 70%): Haas, Emory, Tepper, and Kelley
  • Schools with a medium lift (30% to 60%): Stern, Anderson, Johnson, and Marshall.
  • Schools with little to no lift (lower than 30%): Stanford, Georgetown, Olin, Owen, Carey, UNC, and Yale.
I plan to do a similar analysis for other non-traditional applicants in the near future.

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New post 30 Mar 2017, 11:02
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FROM mbsingh: Self reflection & Recommenders
Spending two weeks in States, travelling coast to coast, visiting all the exceptional B-Schools. It reinvigorated the desire to go all in this MBA process. Before visiting Haas (first school on schedule), I thought I’ll check out the campus, gather as much detail as possible and use that in my applications later. But I was so wrong, you don’t really get material for your essays. Yes you do attend classes and it gives you better context but you can find same information online if you dig deep enough. Visiting the schools is more of realizing who you are and where you fit, instead of what the school is about. Now I may be wrong but it depends on each individual. Some of the schools I visited were instant click while others were complete dud.

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One thing that I can say with certainty is self reflection is so crucial to application process and it’s naive to delay it till last minute. I don’t have a stellar background, I am right up there in academics but financial and personal circumstances held me back and I was never really able to utilize my potential to its maximum. So I have to stand out and I have to let my guard down. I have to write down who am I , what I want to accomplish and why I feel I can accomplish it. Just the thought of opening up to my recommenders and sharing my life story with them scares the crap out of me. Everyone walks around with aura of invincibility and this could have potential negative impact on me. Worst case scenario is I don’t get admitted and end up staying at my current job, seeing my recommenders on daily basis. Best case scenario, they are genuinely nice and understanding people and I do get into B-school.

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Either way, to get the most passionate and personal recommendation from them i have to share my story. So I have started opening up, writing on weekly basis – my background, my accomplishments, my interactions with my recommenders. I am talking to them more openly about career focus and future plans. So when the time comes, they are all ready and excited. Another benefit of doing this now is I can compile a package for them, stuff I might have done for them, things that have made huge impact but they might have forgotten about me. Also to show them why I am applying to a particular school, so they can communicate my ambitions and strengths through their writings as well.

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New post 03 Apr 2017, 21:03
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I apologize for it being almost a year since my last post as I got quite busy with all my applications but here I am now to reflect on the entire process and to hopefully leave you with some tips and tricks that may help you with the process.

Tip #1: Don’t save your application until the last minute

Although quite self-explanatory, I know too many people who procrastinate and end up saving their application until the very end, which increases the chances of avoidable human errors. I started each of my applications at least 1 month prior to the application due date and made sure to have friends proofread my application for any typos or grammatical mistakes.

Tip #2: Start writing the essay of your backup school first and your dream school last.

In hindsight and in rereading my essays, the first essay I had written for HBS was not as strong as it could have been. It felt very disconnected and did not strongly emphasize any one point relative to my Wharton essay which was the last essay I had submitted. Having applied to 4 schools in total (in order of submission: Harvard, Stanford, MIT, UPenn), my essays got progressively better with each submission as I had more time to think about what I had done and refine my points to tell a more convincing story. It is through the filling out of the application itself as well that made me think more about the value of my work and why it was that I wanted to go to business school.

Tip #3: Talk to as many students, alumni, and professors

I can not stress this point enough. With each school I applied to, I made sure to talk to at least 1 student, 1 alumni, and 1 professor as each one offers a different perspective. It is not about name dropping who you talked to in your essay, but bringing into the fold some of the clubs that you may be of interest in participating in, or some of the industries in which fellow alumni have transitioned into, or even some of the research that you would want to participate in during your time there. For example, in my Wharton essay, I had reached out to Professor Peter Fader, one of the foremost thought leaders in data analytics, and we conversed about some of the projects I had been working on and how it tied into his research on customer lifetime value. That conversation alone got me super excited about the curriculum of Wharton and that’s exactly what I wrote about in my essay. It is these conversations alone that spark new insights that could drive home what you write about in your essays.

Tip #4: Recommendations

Most schools require at least 2 recommenders. Initially, I had followed this guide here:

How to put together a KILLER recommendation package!

to create a recommendation package for my 2 recommenders but what I soon realized was that this was overkill. Your recommenders should be close enough to you and understand the work you’ve done that you don’t need to provide so much detail for them and have their letters sound artificially produced. What I ended up doing was writing a paragraph or two emphasizing some of the traits that I wanted each recommender to call out such that there would be no overlap and that the letters would paint a picture of my overall character. For instance, my direct manager would comment on my work ethic and my leadership skills whereas my direct marketing manager would comment on my analytical and problem-solving abilities.

You will get a notification everytime your recommenders submit their letters, so make sure you keep track of which schools have been submitted and for those that haven’t be done within 7 days of the deadline, send a friendly email reminder. Once you find the results of where you are going (bad or good), it is very important that you show your recommenders your token of appreciation, whether it be a small note or a gift. For example, my manager loves photography so I wrote a hand-written note and gave him a gift card to B&H as a sign of appreciation. For my other recommender, I gave him a hand-written thank you note and a nice bottle of whiskey. It doesn’t have to be anything extravagant but just thanking them for their time and support goes a long way and is a must.

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New post 03 Apr 2017, 21:03
FROM BschoolEng: Results
December rolls around and all the R1 school decisions have been released. In order of having found out:

R1 HBS (Harvard): Ding without interview

R1 GSB (Stanford): Ding without interview

R1 Sloan (MIT): Ding without interview

R1 Wharton (UPenn): Interview

I will admit, after finding out that I had gotten rejections to Harvard, Stanford, and MIT without any interviews at all, I was quite devastated. Because these applications are so subjective, it was hard for me to figure out where I had gone wrong.

For HBS and Sloan, was it because I submitted a GRE test score instead of a GMAT score? For GSB, I had already accepted the fact that they were looking for above and beyond candidates. Being a data scientist from a large tech company was “typical” and wasn’t anything that made me stand out from the rest.

Banking on Wharton as my last hope, I was ecstatic when I found out I got the interview. Wharton is known for their quantitative rigor and their data – driven curriculum (and yes, the fact that they have a lot of finance people) so it makes sense that I would fit right in. As this was the one and only school I got an interview for, you can imagine how nervous I was when it came time to prep for the interview. More on that in my next post.

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New post 04 Apr 2017, 17:02
FROM BschoolEng: Interview Process
Due to guidelines, I am unable to tell you guys what the exact prompt was for the Wharton interview process but I hope the sharing of my experiences will help you in your prep. Plus, I believe (though I’m not 100% sure) that each round of each year has a different prompt but the general idea is the same.

When Wharton sends out the interview invites, you are given the prompt and your selection of location and time to interview. For me, I was strategic about where and when I wanted my interview to take place.

Time: Every Thursday, Wharton students are invited to a pub event where they gather for happy hour and as a result, candidates who interview on Thursdays are allowed to join and mingle with 1st and 2nd-year students. Having never visited the campus before nor spoken to many current students, it was a great way for me to not only get to know the student body but also to do some networking and get my name out there.

Location: Despite living in San Francisco, I chose to do my interview on campus for three reasons:

  • I’ve never visited the campus before and interviewing on campus includes the option of a campus tour, sitting in on a class, and/or attending the student pub event (only for candidates who interview on a Thursday).
  • Most of the interviews in remote locations are conducted by alumni and faculty members whereas interviews on campus are conducted by admission fellows (2nd-year students who help out with admissions). Depending on your comfort with interviewing, that can play a factor in how well you connect and establish rapport with your interviewer.
  • Working in engineering, in tech, and in Silicon Valley, the likelihood of interviewing with other candidates of a similar background is extremely high. By traveling to Philly to interview, I would be placed in a group with other prospects coming from a wide range of industries and as a result, I can use the fact that I was an engineer to my advantage. More on this in a bit.
Having chosen to interview on a Thursday and on campus, I had more than a month to prep the prompt. For Wharton, the interview process is different from most schools as it is called a **team-based discussion**. How that works is that you will be gathered in a group of 5-6 Wharton prospects and for the first 30 minutes, you will be working together to solve the prompt and for the remaining 10 – 15 minutes, you will be interviewed in a 1:1 setting which typically consists of a general recap of the team-based interview and some general questions.

TBD: Candidates who I felt were strong were ones who were outspoken and not only recapped what other people said but supplemented their own points in addition to others. They were agreeable but weren’t afraid to ask follow-up questions to spark the conversation. As the only engineer in the room, I made sure to use this to my advantage by bringing an analytical perspective to the discussion, whether it be outlining certain success metrics or establishing a methodology to measuring impact.

Follow-up Interview: The majority of your prep should be towards the TBD. Having completed the application and gotten this far, you should be quite familiar with your business school *story* (i.e. Why business school? Why now? Why Wharton? Post MBA goal, etc.). These questions will definitely be asked in addition to your thoughts on how the interview went and your contributions to the team-based discussion. As I had mentioned before, by realizing early on what you can bring to the table, the follow-up interview will not so much be an interview but a conversation. In preparing for this section, just imagine yourself having been in a group situation where there was conflict and how did you go about choosing sides? What could have streamlined the process? What would you have done differently? Just ruminating these thoughts will prove helpful when it comes to the follow-up portion of the interview.

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New post 04 Apr 2017, 18:01
FROM BschoolEng: Building that network
Throughout the application process, I cannot emphasize how important it is to speak to as many existing students, alumni, and professors. Not only is it beneficial for the application itself but it provides an authentic view of what the school is about and whether or not you can see yourself fitting in with the culture for the next 2 years.

The three forms of “networking” that I have found to be the most useful/successful in terms of conversion are (in order of importance):

  • Your work network: Within Google, we have Google groups for each of the top business schools where alumni from each of the school get together and form their little own community. I did my fair share of stalking and cold emailed anyone who happened to work in the same department as me, was in the same function, or happened to graduate from my alma mater, UC Berkeley in addition to having gone to one of the business schools for which I was applying.
  • LinkedIn: Again, it is all about establishing some sort of connection and touchpoint. If you are interested in speaking with an HBS alumni, don’t go searching LinkedIn for anyone who went to HBS but look for people who share a similar background that you can call out. When I do a Google search I would search “linkedin berkeley hbs analytics” as I wanted to find alumni who went to UC Berkeley and are now HBS students or alumni who have a concentration in analytics. Send them a friend request and send them a LinkedIn message asking if you can borrow 30 min of their time to chat. This has been extremely beneficial and you will find out that business school alumni are gracious and willing to donate their time to help a future prospect.
  • School website: Look for business school professors who are doing research in an area that is of interest to you and reach out to them via email. You’ll get a response maybe 1/2 the time due to the professors’ busy schedules but getting the perspective from both students and professors paints an overall better picture of what life at the school will be like.
I will say that looking back, not all schools were as generous with their responses. Not to be biased now that I am going to Wharton, but I will definitely say that by % of response rate in descending order:

1. Wharton and Kellogg

2. MIT

3. HBS and GSB

I emailed Wharton and Kellogg students, alumni, and professors alike and they were all extremely helpful, not only emailing me but I also had a face-time call with an existing Kellogg student and had students voluntarily check up with me to see how my application was going. Some of them were even gracious enough to read my essay despite having never met them in my life.

HBS and GSB, on the other hand, were rather cold in their responses. Of the 10 people I interviewed in total, I received 2 responses to which there was never any follow-up afterward. This is all anecdotal and not meant to be taken as fact but definitely, reach out to people from the school and their responses will definitely give you an accurate feel of how you see yourself fitting in because remember these are the people that you are going to be establishing a lifetime connection with.

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New post 04 Apr 2017, 18:01
FROM BschoolEng: Acceptance / Pre-MBA Internship
December 15, 2016. D-day.

I knew that decisions were expected to trickle in on this day and I had the worst sleep the night before, in anticipation. Your 1:1 interviewer would be expected to call admits between 9 – 10 AM EST so I was awake at 6 AM PST counting down the hours. And by 7 AM, I had gotten the call. I couldn’t have been happier. It definitely took me that entire day to process what exactly had happened. Immediately, I began searching for housing, which professors I wanted, what classes to take. This was the last school I had been waiting on, with rejections from the rest, and I honestly couldn’t have been more blessed for the results to turn out the way it did.

That day, I started planning out what I would be doing for the next 8 months before school starts in August. The traditional thing that almost everyone will tell you to do is to travel. That’s fine and all if that’s something you want to do but having spoken to many students (check my networking post if you haven’t already), you travel a lot in business school. I wanted to utilize this opportunity during the summer to learn as much as I can prior to the start of school.

I know I want to get into venture capital someday and without having ever worked in the trenches, it would have been hard for me to break into the industry. Having spoken to a fellow Wharton alumni who is currently in VC, he gave me 3 tips to best utilize my time during the summer:

  • Spend time researching a sector and industry that will be hot in the next 5 – 10 years. Being knowledgeable about one specific focus, becoming the expert in that area, and creating something to show for it (whether it be a presentation or a market map) will carry a long way. With this in hand, you can set up some time with existing venture capital firms to compare notes and hopefully break into the industry in that regard.
  • Intern at one of the portfolio companies of one of the VC firms you admire. Getting the operator experience of what it’s like working at a startup and potentially getting face to face time with investors is another aspect of breaking into the industry.
  • Intern at a less of a brand name VC firm to get the experience of what it’s like being a VC which may include drafting investment memos, performing due diligence, market research, meeting with founders, etc. Having this exposure without any previous experience will prove invaluable when it comes to recruiting during your first year for your summer internship.
What you will find is that many companies, at least ones that go through the standard recruiting process of applying online, will not hire interns either 1) this late in the year (as most recruiting for the summer in the fall) or 2) that are not currently in school and are not about to graduate so as to convert full-time. This was the struggle I personally faced.

I was fortunate enough to be given the option to decide between options #2 and #3 and after careful consideration, chose to go with #3 since working at a startup for a short 2-3 months will not be as impactful to both myself and the company relative to the personal gain of working at a VC firm who often hires summer associates. As a result, I will be working as a summer investment associate as my pre-MBA internship from May until July and still have one month to travel before the start of the school.

Killin’ two birds with one stone.

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New post 09 Apr 2017, 13:01
FROM mbsingh: Passion vs Obsession
This post is bit off topic. I have started to jolt down personal experiences, beliefs, view points and concerns. One thing that has resonated over the years with me is passion. Everything i have achieved or accomplished , its largely because i was so passionate about it. MBA is next item on the list. MBA itself isn’t a thing that i want to tick off my bucket list, it’s the MBA experience and transformation that i am after. Challenge that i’m facing lately is way too many distractions. I am passionate about lot of causes and i am invested in quite a few of them. So it all boils down to my priorities and GMAT obviously trumps the list or at least it should. So i have decided to change my passion into obsession and try to ace GMAT and give myself better odds come the application season. Obsession might not be the right attribute but win or lose i want to give it my all and then some.

 

Passion is when you see the results, passion is when there’s joy and excitement. Obsession is when there’s no end in sight but you’re keeping a promise you made to yourself.

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New post 09 Apr 2017, 18:01
FROM Oh Kay MBA: The Checklist
Talking with potential roommates, looking for apartment options, keeping my documents in order, etc. – there’s just a lot going on these days. September and the start of the MBA is so close now, that’s why I have made a checklist to keep track of my progress with all the preparations.

Financial:

Calculate budget for the next two years (100%)

I like keeping it loose. So I am adding some extra thousand dollars for unexpected expenses like trips, events and clothes.

Apply for financial aid (50%)

After defining how much money I would need, I started the process with Prodigy and got a pre-approved loan. However, I will still check the options with Booth too that will be available in a couple of weeks.

Visa:

Send the transcripts (30%)

I may be a little late here. I have asked my university for the documents, but I’m still waiting for them to be issued. After that, I will have to send the transcripts myself.

Have my funding sources documents in order (80%)

I already did my budget so I have my finances in order. I only need to scan all the supporting documents.

Accommodation

Decide: Roommate vs living on my own (70%)

I’m still deciding, but a leaning towards living on my own.

Choose the apartment (60%)

 I’ve put myself in the waiting list at two different buildings both for a convertible and a 2 bedroom.

Buy the furniture (50%)

I’m already talking with some second years who are selling their stuff.

The trip

Get plane ticket (0%)

I should have them by the end of May at the latest to get a better price.

Choose the stuff I’ll take with me (50%)

 I have a lot of clothes (like really a loooot). I will need at least 6 full bags to carry them all, so I will have to choose what to take. I think I will travel to Chicago with my sister so that I can have two additional bags (and she can take a vacation)

 

Professional:

Take a nice and professional new pic (0%)

I need a good picture to use in my resume, linkedin and all future documents

Update linkedin content (50%) 

I already updated it with my new position at work and translate all my information to English, but there’s still a lot of detail to add.

Update resume (50%)

Recruitment starts so early in the first term that I already need to have a winner resume ready.

 

Interview questions bank (20%)

I have started a habit of writing down experiences at work and outside that I could use for class participation or behavioral questions in interviews.

 

As you can see, I am a little behind in some issues but I expect to make a lot of progress in the next couple of weeks.

Good luck with your own preparations!

 

 

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FROM mbsingh: Foster – Class Visit
There’s something in Pacific North West that you cannot find anywhere else. The atmosphere and scenic nature are next to none, with mountains on one side and ocean on the other. I always wanted to check out Foster School of Business as it’s close to Vancouver and also because of it’s in heart of Seattle with easier access to Microsoft, Amazon, Boeing and other major Fortune 50 companies. So i decided to visit Foster on our long weekend and attend a class. I reached out to MBA ambassador Stephan Tomick and he set me up with Elaine for coffee chat. Image
As it turns out my cousin also goes to U-Dub (University of Washington). So he showed me around the campus and i got much more candid tour than i expected. After that we met up with Elaine and asked her gazillion  questions. From class size to diverse backgrounds of students to helpful community everything checks out. My Why MBA response ranges from Fin-tech to Management Consulting to Climb corporate ladder in Tech. Though Fin-tech will always be my reason to go for MBA, but i have to be realistic as to what if it doesn’t workout. By Indian standards i should’ve grand children by now but grad school is holding my mom back from creating an account for me on e-harmony & shaadi.com. Failed career transition + pressure from parents won’t do me any good, so i have to have some backup plan. Talking to Elaine, i found out that Foster can help with Tech placement, Fin-tech and also help me land a consulting gig (might not be at top 4) though it’ll require lot of effort from my side. Her complete honesty won more brownie points for Foster than their online MBA brochure. She also got me in touch with another first year student who got Consulting gig at McKinsey. Now this is where crazy stuff happens, i literally shook hands with Chrsitian (McKinsey intern) as he was on his way out of the classroom for a meeting. He gave me his card and told me contact him if i need help, which i did. I have never seen anyone respond so quickly to my message on LinkedIn not even the forever nagging recruiting consultants. All the three students that i talked to at Foster were more welcoming than any other MBA student i talked to since i started this journey.

Honest confession, i didn’t think of Foster as a top tier B-school and was under the impression that i’ll keep it as my Safety school. Boy i was so wrong but i am glad i decided to take time out to visit Foster. It might not be on top of B-school rankings but it has surely made it to my list of schools.

 

 

 

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FROM mbsingh: Myths and Misconceptions
Here’s what i have figured out about MBA application process. I am in no way shape or form, the authority figure hell i haven’t even applied yet. So it’s my opinion and you’re entitled to disagree.

  • Safety School – They don’t exist. There are students who got accepted at HBS and rejected by Duke. You’re single piece of a jig saw puzzle and you’ll get into the school that requires this piece to complete their picture, regardless how mediocre your stats are. ( Excluding non ranked schools who want to lift their Avg. Gmat scores by admitting students with great stats).
  • Different Story for each School – It won’t work. You have on dream, one purpose and one goal. If you try multiple story lines, they will catch you lying. It’s hard to keep up one lie let alone a dozen.
  • Big Applicant Pool – Stop worrying about the Indian IT Male applicant pool. If Adcoms. only cared about your GPA and GMAT they would’ve picked candidates with top marks. Its all about personality- who you are, what you want and why you want it ? Its about your experience – what have you done, why have you done it and how did you do it and also impact you had.
  • Acceptance Rate – Acceptance rate at HBS < 10%, Stanford 9% etc… It doesn’t matter. You either get in or you don’t. Even if you get waitlisted , either you get in or you don’t. Its 50% not 20% not 10% not 9%.
  • Fit – Ok this one is kinda tricky. You only end up doing MBA at one school, so technically nobody can definitively compare two schools and it’s fit. Your experience talking to alumni and current students isn’t same as one you will get from talking to your peers. You can’t predict the future so let destiny decide this one for you.
  • Rankings – Employers don’t check yearly MBA rankings before hiring interns or handing out full time job offers. Only the prospective applicants check the rankings. Harvard/Stanford/Wharton are league apart PERIOD !!!. Ivey league schools are different league. Booth, Kellogg, Haas are unbeatable in their own way. You are not your school’s ranking.
Passion wears out, motivation runs out, its Obsession that lasts till the end. Admit or Reject put your heart into it and you’ll succeed in life.

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New post 09 Jun 2017, 10:31
FROM MORENA MBA: Update 1.2 School List| Are you the one?
Back in September I had a list of schools that were based on random thoughts in my head. Looking back at my post, I just laugh. Like, “Girl, you really thought you knew!”

My current list is based on more sound reasoning and facts (if I’m going to go to business school, I need to learn to rely a bit more on hard data). I’ve visited schools, talked with current students, chatted with admissions directors and researched how schools align with my goals. So here is the list:

Wharton– Wharton is currently at the top of the heap in my b-school wish list. I was invited to Wharton Diversity On-Campus Visit Day where I was able learn all about the Wharton MBA program. I wasn’t enthralled with the school at first visit, but the more I talk to students, professors, etc, the better impression I get. Each person I come in contact with at Wharton has been nothing short of super helpful and has gone the extra mile to ensure they can give me the knowledge I need to make my decisions. I am also in love with the Lauder MA/MBA program. It bridges the gap between my desire to build new skills through an MBA and my craving to continue studying and exploring international issues.

Columbia- I went to the Columbia 35 Annual BBSA Conference in March hosted by the Columbia Black Business Student Association. I will speak more about the conference in a later post. In short, the conference blew away any misconceptions I had about Columbia and put it in the top tier of schools I want to apply to. Right now I have a great impression of Columbia but need to do a bit more research on how the school can fit my career needs. I also went to a information session which was great to get an overview of the school and its academic offerings.

NY Stern- I will have my first interaction with Stern today during a multi-school admissions event they are hosting. I will say on paper, NYU Stern has some of the most exciting programs on the intersection of business, human rights, and social ethics. Their Center for Business and Human Rights in basically a hub of my short-term and long-term career goals. Hopefully I will like the school. NYU is also part of Consortium which a nice bonus. I would be able to stay in New York (is that a plus? Still not sure), study a field I am passionate about, and not break the bank (if given a Consortium fellowship). I do need to reach out to those at the school more. I have not talked to alumni/current students/professors so my excitement is based solely on the school website at this point.

*Chicago Booth- Booth is still lagging behind the rest of the pack. There are doing amazing work with the Social Enterprise Initiative and have an excellent reputation. A part of me wants to try Chicago for two years, although I don’t know if that itch can be scratched by just taking a long weekend trip. I’ve talked to two recent alumni about the Booth program and they both loved their Booth experience. I think I need to speak with admissions and visit the school to get a better feel for the campus and culture. Either way, Booth will probably be my R2 school.

 

I think that is an adequate explanation of the school choice. I don’t plan on applying to anymore that 3 schools. Honestly, many told me that three schools school be all you need to create a successful admissions process (if you do the work correctly). At this point I will apply to Booth if something goes wrong Round1 (but that can change once I do the work of really digging into Booth a bit more).

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New post 09 Jun 2017, 10:31
FROM MORENA MBA: Update 1.3 Money Spent | Cash Rules Every Around Me
Applying to business school is expensive AF and people try to justify it by saying it is a drop in the bucket compared to the cost of business school.

True.

But.

If you are a do-gooder like me, you are trying to reduce costs in both instances. I think the biggest thing to keep in mind when applying to MBA programs (and this espeically applies to those in non-profit and non-business roles) is that you are amongst business men and women with larger discretionary spending accounts that the rest of the population. This means more investment and more waste. What some might do on their own, those with money rather pay someone else who can do it. There is nothing wrong with that (spending makes the world go wrong and keep the economy moving). But for little ole’ me, I need to be cognizant of how much I am spending and where my money goes. Lets do a tally so far.

Manhattan GMAT ($1400)- Somewhat helpful but not work the full $1400. An indepedent post is coming on this, I promise

Magoosh ($100)- I have been using so many resources that I have even dug into Magoosh yet. This is the best deal IMO. Plus, when you are done you can sell you access to someone else and get a good chunk of your money back.

Target Test Prep ($99 per month before deals etc)- This is an amazing platform for reviewing content. The struggle is that it take sooo long for me to get through (probably because I have so many gaps in my content knowledge). This is costing me a lot more than I wanted it to. I may table it for a bit and come back.

Forte On-Demand MBA Program ($350)- I was feeling anxious that I am not part of any MBA prep program as a minority student and so I signed up for this. Honestly I haven’t gotten much out of it yet and I am wondering why I spent the money. I will probably circle back and complete all the webinars to squeeze all the knowledge I can out of the program.

Essay Snark Countdown to Round 1 Apps ($40)- Finally, I start to feel good about the money I spend. This countdown is a weekly email chock full of information on what you need to accomplish this week to have you application ready by early September. I am learning a lot and Essay Snark is a great resource for those of us who do not want to shell out money for a consultant. I really think that when it comes to applying, effort and time can get you most of the way.

Money to Spend in the Future

I think moving forward I will spend money for a few GMAT tutoring sessions and a some essay review. I refuse to spend on consultants (especially after I did the work of speaking with a few and did not get a great impression). As of right now, my opinion is that money spent on the GMAT or visiting schools is money well spent. There are a tons of people who are trying to get a piece of this MBA pie, and many want to take advantage of the fear of young applicants.

 

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PTSD [#permalink]

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FROM lillianmbula: PTSD
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I think this the most ‘raw’ post I have ever written to date.

As I said in a previous post one of the reasons I have taken so long to get to apply my MBA is because I had PTSD.

For the clueless ……..

What Is PTSD?

PTSD (post traumatic stress disorder) is a mental health problem that some people develop after experiencing or witnessing a life-threatening event, like combat, a natural disaster, a car accident, or sexual assault.

Source

So how did I get here???

Well the company I used to work for sold its African operations. Since I was recruited for the African operations and the company head offices were in the Middle East we were asked to relocate.

I was sent to do on assignment in Baghdad

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and returned with…….PTSD. Battling PTSD in Kenya a country where mental illness is considered witchcraft and therefore ostracised and stigmatised was a harrowing experience.

But I made it……….

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Thanks to loads of counselling and medication. SO here I am now ready to take on the GMAT.

 

 

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PTSD   [#permalink] 20 Jun 2017, 00:51

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