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Most MBA applicants treat the essay prompt as a question to answer. It isn't. The prompts at M7 and T10 programs are open-ended by design — watching what candidates choose to say when almost anything is fair game. That choice is a strategic decision, and- Jun 03
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16 Oct 2007, 12:42
Kudos
Bookmarks
Pelihu,
I think you confusing my argument with ishcabibble additional comments. I'm stating that the average GMAT score is 550 tops. That means that the majority of people are not going to be able to go to a top 25 school. It doesnt matter if 20,000 people apply to Harvard because only 900 are going to get accepted. And if you have a 550 your probably not going to be one of the luck ones. The rest of the people have to go somewhere. Add up all the the spots at the top 25 programs and you probably looking at no more than 10,000 people. There is definitely more than 100,000 people entering b-school each year. Heck in a few years there will probably be more people at the U of Phoenix. You can make fun of the school all you want but there are people out there trying to better their lives and their stuck with a 530. What do want them to do, give up?
A lot those people may take a shot at Columbia, Tuck, Darden, etc. but it doesnt matter because most wont get accepted. There taking a shot at their dream school. That's fine, but they also have to sit down figure out where they have a real shot. That may involve deciding between "Nebraska and UC Davis" because with a 590 that's where they have a real chance. I think it's great that everyone on this forum can get 700+ GMAT and people who get 640 think they bombed the test. But in the real world most of the people are fighting to get 600.
I think there is a difference between a dream job and a good job. The average college graduate is making $30k. I dont think they are going to complain about a top 3 consulting firm or a fortune 20, they're looking to better themselves out of a dead end job.
I think it's great that Car and Driver publishes Ferarri reviews. I love to read them and dream about owning them one day. Hell it even motivates me to work harder sometimes. But was my point was if those were the ONLY reviews they published it wouldnt help me decide on the car I'm going to actually buy. They would need a sub $30k sedan section for me.
I think your a very smart and accomplished person as are most of the people on this forum. I just think your forgeting that most people arent in a position as good as you are. I would guess that 75% of the applicants only have a shot at the top 25-100.
So my point is if person want's to go to b-school, works at a no name company, graduated from an average school and got a 590 GMAT what rankings do they look at to help them decide. Everyone cant score in the 80th percentile or above. There actually has to be 80% of the people below them for that to happen.
I think you confusing my argument with ishcabibble additional comments. I'm stating that the average GMAT score is 550 tops. That means that the majority of people are not going to be able to go to a top 25 school. It doesnt matter if 20,000 people apply to Harvard because only 900 are going to get accepted. And if you have a 550 your probably not going to be one of the luck ones. The rest of the people have to go somewhere. Add up all the the spots at the top 25 programs and you probably looking at no more than 10,000 people. There is definitely more than 100,000 people entering b-school each year. Heck in a few years there will probably be more people at the U of Phoenix. You can make fun of the school all you want but there are people out there trying to better their lives and their stuck with a 530. What do want them to do, give up?
A lot those people may take a shot at Columbia, Tuck, Darden, etc. but it doesnt matter because most wont get accepted. There taking a shot at their dream school. That's fine, but they also have to sit down figure out where they have a real shot. That may involve deciding between "Nebraska and UC Davis" because with a 590 that's where they have a real chance. I think it's great that everyone on this forum can get 700+ GMAT and people who get 640 think they bombed the test. But in the real world most of the people are fighting to get 600.
I think there is a difference between a dream job and a good job. The average college graduate is making $30k. I dont think they are going to complain about a top 3 consulting firm or a fortune 20, they're looking to better themselves out of a dead end job.
I think it's great that Car and Driver publishes Ferarri reviews. I love to read them and dream about owning them one day. Hell it even motivates me to work harder sometimes. But was my point was if those were the ONLY reviews they published it wouldnt help me decide on the car I'm going to actually buy. They would need a sub $30k sedan section for me.
I think your a very smart and accomplished person as are most of the people on this forum. I just think your forgeting that most people arent in a position as good as you are. I would guess that 75% of the applicants only have a shot at the top 25-100.
So my point is if person want's to go to b-school, works at a no name company, graduated from an average school and got a 590 GMAT what rankings do they look at to help them decide. Everyone cant score in the 80th percentile or above. There actually has to be 80% of the people below them for that to happen.
16 Oct 2007, 12:55
Kudos
Bookmarks
As far as rankings go it's obvious that B week and US News are the 2 rankings to trust. But if another publication also wants to do a ranking, they need to come up with another methodology because it's no use to copy the other ones.
The one thing to remember is to look at the methodology. These publications aren't in the business to rank B schools as a whole. Their on the business to rank them according to their standards.
I find it funny how everyone says not to trust the Wall street B school ranking (or any other ranking) because they rank Harvard at 69 (or whatever). No duh! They aren't ranking the schools according to us news methology. That's already covered. They have their own unique ranking.
And as far as GMAT scores. I don't know the numbers, but I would assume that most people take the test more than once, especially those that score sub 600. If so, that means an 80 percentile score probably means much less. You might be better than 80 percent of the scores, but only better than 75% of the candidates. (just a guess. don't reply and take apart this statistic)
The one thing to remember is to look at the methodology. These publications aren't in the business to rank B schools as a whole. Their on the business to rank them according to their standards.
I find it funny how everyone says not to trust the Wall street B school ranking (or any other ranking) because they rank Harvard at 69 (or whatever). No duh! They aren't ranking the schools according to us news methology. That's already covered. They have their own unique ranking.
And as far as GMAT scores. I don't know the numbers, but I would assume that most people take the test more than once, especially those that score sub 600. If so, that means an 80 percentile score probably means much less. You might be better than 80 percent of the scores, but only better than 75% of the candidates. (just a guess. don't reply and take apart this statistic)
16 Oct 2007, 13:32
Kudos
Bookmarks
Statistics lie - period.
The point of rankings the way pelihu and gixxer bring out are very interesting and thought provoking.
This is my simple example.
I am looking to apply at the elite schools (top 15) while my senior associate is looking to apply at ucla, usc, uc irvine and chapman university.
He has more work experience than me, probably the same GMAT score if not lower and better letters of recommendations.
Yet he made the conscious decision of limiting himself to these 4 schools, his first priority being UC Irvine. He is looking for an MBA to either vault himself to senior management in our office or to look for better prospects in the OC region. He does not want to give up his quality of life and move somewhere else.
I, on the other hand am willing to travel thousands of miles to the east coast, start afresh and look for a new career.
Should I classify myself as a rank worshipper while he is just another average joe in the 80% group. Don't think so.
It all boils down to choices.
Rankings are like a milestone - you see them to know how far you can go. Some folks look at regional schools because thats where they want to go, others look into Harvard because thats their sole goal.
I think most applicants (not representative of this forum) are looking for an MBA to simply better their careers (not change careers or double their pay packages) without uprooting themselves from their prior advancements in life.
We, on the other hand are a different bunch. When I mean we, I mean almost everyone I know on this forum or read his/her posts. Almost everyone on this forum is already an over-achiever. For us an MBA is more than a ladder jumper, its a booster rocket. Its not doubling our salaries, or getting the cushy job, but to do something that we truly desire and salivate over. in short we are pushing ourselves harder to see whether we can reach the cliched moon.
Our thoughts and attitudes will differ a lot from the rest of the applicants. Hence we will not always reach a common ground and rankings will invoke different emotions in us.
My worthless 2 cents.
The point of rankings the way pelihu and gixxer bring out are very interesting and thought provoking.
This is my simple example.
I am looking to apply at the elite schools (top 15) while my senior associate is looking to apply at ucla, usc, uc irvine and chapman university.
He has more work experience than me, probably the same GMAT score if not lower and better letters of recommendations.
Yet he made the conscious decision of limiting himself to these 4 schools, his first priority being UC Irvine. He is looking for an MBA to either vault himself to senior management in our office or to look for better prospects in the OC region. He does not want to give up his quality of life and move somewhere else.
I, on the other hand am willing to travel thousands of miles to the east coast, start afresh and look for a new career.
Should I classify myself as a rank worshipper while he is just another average joe in the 80% group. Don't think so.
It all boils down to choices.
Rankings are like a milestone - you see them to know how far you can go. Some folks look at regional schools because thats where they want to go, others look into Harvard because thats their sole goal.
I think most applicants (not representative of this forum) are looking for an MBA to simply better their careers (not change careers or double their pay packages) without uprooting themselves from their prior advancements in life.
We, on the other hand are a different bunch. When I mean we, I mean almost everyone I know on this forum or read his/her posts. Almost everyone on this forum is already an over-achiever. For us an MBA is more than a ladder jumper, its a booster rocket. Its not doubling our salaries, or getting the cushy job, but to do something that we truly desire and salivate over. in short we are pushing ourselves harder to see whether we can reach the cliched moon.
Our thoughts and attitudes will differ a lot from the rest of the applicants. Hence we will not always reach a common ground and rankings will invoke different emotions in us.
My worthless 2 cents.
