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Expert advice for Wharton from Admissions Consultant blogs

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Expert advice for Wharton from Admissions Consultant blogs [#permalink]

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New post 22 Jun 2017, 13:58
https://www.personalmbacoach.com/single-post/2017/06/22/Wharton-Application-Updates-LOR-Changes-Personal-MBA-Coach%E2%80%99s-Analysis

2017-2018 Deadlines

Round 1: September 19, 2017

Round 2: January 3, 2018

Round 3: March 27, 2018

Yesterday, at the 2017 AIGAC conference, Wharton shared details on the 2017-2018 application. While the essays will remain the same this year, Wharton announced a major change to its letters of recommendation process.

LOR Changes:

As Maryellen Reilly, Deputy Vice Dean, MBA Admissions, Financial Aid & Career Management recently shared in a gave candidates some specific advice: “By asking these two questions, our hope is to give applicants ample space to more fully explain their aspirations, goals, and how Wharton fits into those.  We want to be able to view applicants from both sides of their world – one where they are professionals developing skills and seeking career advancement, but also the personal growth side where they are seeking out enriching experiences to become better, stronger, wiser, and a more robust person. Take these two questions as an important opportunity to express who you are and what and who you want to be.  It is important for us to know the real you and be able to envision you as part of the Wharton community."

As a Wharton Graduate myself, I am intimately familiar with the MBA program and culture at Wharton and advise candidates to think about each question differently and ensure answers complement each other while showing readers multiple aspects of their candidacy.

Essay 1: What do you hope to gain professionally from the Wharton MBA? (500 words)

Personal MBA Coach's Take: With this first question, you should discuss your specific short-term goals, but also think broader. This question allows you to reflect at a higher level on your aspirations. Where do you see yourself in 10, 20 or even 30 years? How will you get there? It would also be reasonable, and expected, to touch upon your past successes, explaining how they are relevant to your future objectives. This question does not require you to walk through your entire resume, and candidates are advised not to do so. Instead, focus only on your past to establish what your key skills are how they will enable you to succeed in the future.

As you think about your future, think also about what your skills gaps are and how a Wharton MBA, specifically, will help you to close these gaps. It is important that you allow adequate time to research all that Wharton has to offer. I suggest being very specific in detailing what opportunities you plan to take advantage of on campus, what classes you plan to take, and how they will help you. Rather than including a laundry list, carefully think through how each area will help you fill in the necessary pieces of the puzzle and explain how you will improve. Be sure you show an understanding of Wharton’s culture here. Avoid vague statement and copy and pasting from other essays.

Essay 2: Teamwork is at the core of the Wharton MBA experience with each student contributing unique elements to our collaborative culture. How will you contribute to the Wharton community? (400 words)

Personal MBA Coach's Take: Your answer to this second question should complement, but not repeat, your first essay. In order to demonstrate how you will be a team player, think about how you have been one in the past. Think about your personality and your specific strengths. Think about what you have to offer and how you have demonstrated team work throughout your past educational and professional career. Reflect on your specific contributions at work and in your communities. By including details on your past contributes, you will not only provide concrete evidence of what you can contribute to Wharton, but also show the reader more about you personally. Again, avoid vague statements and be specific. Wharton wants to learn what you will offer on campus and how you will uniquely contribute to the school’s culture.

If you would like individual and personal support while applying to Wharton, please find information about Personal MBA Coach’s comprehensive packages or contact me to discuss your profile as well as how I can help! As a Wharton graduate, I regularly help many applicants navigate Wharton’s application each year.  Email me at: scott@personalmbacoach.com or call +1 617-645-2424 today.

https://www.personalmbacoach.com/single-post/2017/06/22/Wharton-Application-Updates-LOR-Changes-Personal-MBA-Coach%E2%80%99s-Analysis

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New post 31 Jul 2017, 11:24
ImageThe Wharton School at University of Pennsylvania has kept this set of essays simple. Specific advice on essays from a student reminds applicants that “the Admissions Committee is looking to understand more about you and your unique personality and how that can ultimately contribute to the Wharton community. We are a student-driven campus and need each and every MBA to bring something to the table.”

As you consider how to approach this set of essays get to know the Wharton community. Some possible ways to connect include campus visits, online research and the many admissions events around the globe. Wharton has a specific culture, and fit with that culture is an important part of the admissions criteria.

Essay 1:
What do you hope to gain professionally from the Wharton MBA? (500 words)

This is both a standard career goals question and an inquiry into your personality and potential success in the program. Jordan Mock, WG’16 wrote a blog post with three excellent tips for this essay, in which he says, “Wharton is unique and your essay should reflect that.”

Be careful to answer the specific question in this career goals essay. Notice that you are not asked about your professional background or your key accomplishments outright. To answer the question asked, you will want to focus mainly on the future and what you are planning to pursue with your MBA degree. How will a Wharton MBA help you “connect the three career dots” that Jordan writes about?

To answer the question there is room to add color by using your background information where it is most relevant to your goals. Think about the key moments of your professional life that crystallized your goals for you, and focus on illuminating those decision points rather than reciting your entire resume. Anything unique in your background is always worth highlighting.

Understanding exactly how you fit in will help you describe what Wharton will do for you, as well as navigate interviews and other interactions with the Wharton admissions committee. Consider including specific information from your Wharton research in this essay such as Wharton faculty you would like to study with or unique educational opportunities at Wharton.

When you address your personal goals for the MBA make sure you are making the case for Wharton specifically. Consider what living in Philadelphia might be like, the many clubs and student activities, and leadership development opportunities like traveling to Antarctica with your classmates that may address some of your personal life goals.

Essay 2:
Teamwork is at the core of the Wharton MBA experience with each student contributing unique elements to our collaborative culture. How will you contribute to the Wharton community? (400 words)

Wharton is an intense environment, but also one that takes pride in collaboration and community. This question seeks to understand how you work with others and what your leadership style is. Collaboration and teamwork are important key concepts to illustrate in this essay.

Your contribution to Wharton could be in the classroom, clubs or within small group projects. You might bring your experiences launching a new product to your marketing case studies. Maybe you will lend creative ideas to your learning team as you prepare a research project.

Perhaps you will tutor your learning teammate in accounting principles because he has never done accounting at work. Or you might contribute to the Media and Entertainment Club by leading a career trek or bringing a new speaker to campus. Think about what you have learned in your career and in prior academics that may help those around you.

This essay does not explicitly require examples of teamwork or leadership from your past experiences, but it will be a stronger essay if you provide evidence. Think about a time you demonstrated your collaborative approach to team problem solving, and consider how you can prove what you contributed to your community in your workplace or extracurricular activities.

Additional Question (required for all re-applicants):

Explain how you have reflected on the previous decision about your application, and discuss any updates to your candidacy (e.g., changes in your professional life, additional coursework, extracurricular/volunteer engagements). (250 words)*

*First-time applicants may also use this section to address any extenuating circumstances. (250 words)

All re-applicants are required to provide information that supports your renewed candidacy. The most successful version of the re-applicant essay will provide tangible evidence that you have improved the overall package you are submitting this year.

Improvements like GMAT score or new quantitative classes are especially tangible and convincing, but a promotion, increase in responsibility at work, a job change or even a change of goals and mission can serve as reasonable updates.

A rejection or waitlist last year is a form of feedback, and may have led to soul searching for you. When you describe your changes make sure reflect your ability to take feedback and improve. Describe how you approached the reapplication process after assessing your own strengths and weaknesses as a candidate and making the appropriate efforts to improve.

If you are not a re-applicant you may use this space to address any areas of concern in your application. If you have a low GPA or GMAT, gaps in your resume, grades under a C in any quantitative courses, disciplinary action in undergrad or anything else that you want to explain, this is where you would provide a brief explanation and any supporting evidence to show you have moved past the setback and corrected any concerns.

Contact Stacy Blackman Consulting for customized advice to give you that competitive edge in your Wharton application.

 
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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Re: Expert advice for Wharton from Admissions Consultant blogs [#permalink]

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New post 31 Jul 2017, 11:26
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The University of Pennsylvania’s Wharton School has posted the following MBA essay questions for the 2017-18 admissions season.

Essay 1:  What do you hope to gain professionally from the Wharton MBA? (500 words)

Essay 2: Teamwork is at the core of the Wharton MBA experience with each student contributing unique elements to our collaborative culture. How will you contribute to the Wharton community? (400 words)

Additional Question (required for all re-applicants):

Explain how you have reflected on the previous decision about your application, and discuss any updates to your candidacy (e.g., changes in your professional life, additional coursework, extracurricular/volunteer engagements). (250 words)*

*First-time applicants may also use this section to address any extenuating circumstances. (250 words)

For additional information on applying, please visit the Wharton MBA admissions website.

 
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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Re: Expert advice for Wharton from Admissions Consultant blogs [#permalink]

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New post 29 Sep 2017, 11:58
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This week, Forbes released its 10th biennial ranking of MBA programs, which are divided into three categories: top U.S. programs; top one-year, non-U.S. programs; and top two-year, non-U.S. programs.

As you’ve probably noticed by now, each major ranking has its own particular emphasis, and the Forbes ranking attempts to answer the question: is an MBA worth it?—based solely on the median returns on investment achieved by the graduates from the class of 2012.

“Our ranking of business schools is based on the return on investment achieved by the class of 2012. We examined more than 100 schools and reached out to 17,500 alumni around the globe. We compared graduates’ earnings in their first five years out of business school to their opportunity cost (two years of forgone compensation, tuition and required fees) to arrive at a five-year MBA gain, which is the basis for the final rank.”

University of Pennsylvania’s Wharton School unseated Stanford Graduate School of Business to top the ranking of US-based MBA programs for the first time ever, with a five-year MBA gain of $97,100 (Wharton ranked seventh in 2015). With Stanford GSB now in second, Harvard Business School came in third, Northwestern’s Kellogg School of Management and Dartmouth’s Tuck School of Business round out the top five.

IMD in Lausanne, Switzerland, takes the top spot this year among the one-year MBA programs, up one spot from 2015. The school had a five-year gain of $194,700. “IMD caps its annual enrollment at 90 students, allowing for a very individual approach regarding career services,” Forbes notes, adding that as many as 70 companies work with the school annually to recruit IMD grads.

INSEAD, which is ten times larger than IMD with a class size of 1,055 in 2017, ranks second among one-year programs. “With a five-year gain of $150,400, the payback period is a brisk 2.7 years thanks to salaries five years of school of nearly $190,000.”

Spain’s IE Business School moved up two spots in the rankings and now comes in third, based on its gain of $145,400. With an annual enrollment of 547 students, Forbes notes that IE is the second-biggest international MBA program behind INSEAD.

The Judge Business School at University of Cambridge ($140,000) and  Italy’s SDA Bocconi School of Management ($138,100) round out the top five one-year MBA programs.

For the fifth consecutive time, London Business School tops the list for two-year international MBA programs. “Alumni of its class of 2012 realized a 5-year gain of $119,100, the highest of any 2-year program in the world, and it took the typical graduate 3.4 years to pay back their investment,” Forbes explains, noting that, “In comparison, alumni of Wharton, the top-ranked MBA program in the U.S., saw a 5-year gain of $97,100 and took 3.8 years to pay back.”

Spain’s IESE Business School takes the second position, also for the fifth time in a row. “With a five-year gain of $97,100, up 15.5% compared to 2015, graduates of the Class of 2012 reported earning $156,140 in salary and bonus, the highest first year compensation among our ranked two-year international programs,” the rankings reveal.

The MBA program at China Europe International Business School (CEIBS) took the third position, with a five-year gain of $95,000, up 32% compared to 2015. ” The main contributing factor is the Class of 2012 reported having less work experience than prior surveyed classes, and as such, lower pre-MBA incomes,” Forbes explains.

Meanwhile, HEC Paris and Spain’s ESADE Business School round out the top-five non-US two-year MBA programs.

For more on this story, read the complete 2017 Forbes MBA rankings.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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Re: Expert advice for Wharton from Admissions Consultant blogs   [#permalink] 29 Sep 2017, 11:58
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