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16 Mar 2016, 11:00
| FROM mbaMission Blog: From Film to Food: Hear the Success Story of Director-Turned-Restaurateur Otto Cedeno |
 Otto Cedeno, Founder of Otto’s Tacos Today, many aspiring MBAs and MBA graduates want to join start-ups or launch such companies themselves. Is entrepreneurship as exciting as it seems? Is it really for you? mbaMission Founder Jeremy Shinewald has teamed up with Venture for America and CBS Interactive to launch Smart People Should Build Things: The Venture for America Podcast. Each week, Shinewald interviews another entrepreneur so you can hear the gritty stories of their ups and downs on the road to success. Otto Cedeno made the jump from film to food in 2013, when he left his position as director of production at Livestream.com to open Otto’s Tacos, a Southern California–inspired taqueria in New York City. Sam Rosen, a former podcast guest and the founder of MakeSpace, joins Shinewald to interview Cedeno, who shares his entrepreneurial journey thus far, including these details and more:
The post From Film to Food: Hear the Success Story of Director-Turned-Restaurateur Otto Cedeno appeared first on mbaMission - MBA Admissions Consulting. |
16 Mar 2016, 16:01
| FROM mbaMission Blog: MBA News: Harvard Business School Tops the 2017 U.S. News & World Report MBA Rankings |
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U.S. News & World Report published its annual rankings of graduate business schools today, bringing the spring season of rankings to a close. Harvard Business School claimed the top spot from last year’s number-one school, the Stanford Graduate School of Business, leaving the latter tied for second place with the University of Chicago Booth School of Business. The only newcomer in this year’s top ten was the Yale School of Management, which climbed to the 8th spot (tied with the Tuck School of Business at Dartmouth College) from last year’s 13th, dropping the University of Virginia Darden School of Business to 11th place from last year’s 10th. The release of the rankings came with its fair share of drama. The dean of New York University’s Stern School of Business, Peter Henry, explained the school’s drop to 20th spot from last year’s 11th as the result of a missing data point. “[U.S. News & World Report] told us that Stern’s drop was largely attributable to a single missing data point—one missing answer,” Henry said in a press release. He added, “We promptly provided the correct information, but [the publication] declined to adjust the rankings.” Although unfortunate, this incident is a good reminder that prospective MBA students should approach business school rankings with a grain of salt. Mistakes happen, and rankings are often merely one small indicator of what a school has to offer. Our advice: follow the rankings if you find them of interest, but do not let them dictate your decision! The post MBA News: Harvard Business School Tops the 2017 U.S. News & World Report MBA Rankings appeared first on mbaMission - MBA Admissions Consulting. |
17 Mar 2016, 07:00
| FROM mbaMission Blog: Beyond the MBA Classroom: Beer Blast at NYU Stern |
When you select an MBA program, you are not just choosing your learning environment but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school. Alumni connect at NYU Stern’s Summer Beer Blast Beer Blast—a weekly party that takes place every Thursday at 6:00 p.m. at New York University’s (NYU’s) Stern School of Business—is held in the basement of the school’s Henry Kaufman Management Center (in a renovated lounge area) and the adjacent Sosnoff Lounge. The gathering provides an opportunity for students to relax, interact, and get to know one another. A second year told mbaMission that Beer Blast allows students “to mingle once a week,” noting that “business school is about networking more than anything else.” Asserting that Beer Blast “is one of the best things about Stern,” a first year with whom we spoke explained, “It’s an opportunity for students to unwind at the end of the week and hang out with their classmates in a social setting. Fun fact: Beirut and flip cup are played.” After Beer Blast ends at 10:00 p.m., Sternies typically head to a local bar to continue the party. For in-depth descriptions of social and community activities at NYU Stern and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: Beer Blast at NYU Stern appeared first on mbaMission - MBA Admissions Consulting. |
17 Mar 2016, 11:00
| FROM mbaMission Blog: Diamonds in the Rough: Ivy League Experience for a Public School Price at Rutgers |
 Rutgers Business School, New Brunswick MBA applicants can get carried away with rankings. In this series, we profile amazing programs at business schools that are typically ranked outside the top 15. Benefiting from the prestige of its parent university, the eighth oldest university in the United States, Rutgers Business School (RBS) hosts a suite of flexible curricular options and formal concentrations that are rooted in its multidisciplinary strength. In the past, the school has marketed its program as the “same education as an Ivy League School, at a fraction of the price”—a claim that seems substantiated by robust industry connections across several disciplines, a network of more than 33,000 alumni, and a high employment rate (98.3% employed 90 days after graduation for the Class of 2015, even higher than the 93.5% for the Class of 2014). In 2015, U.S. News & World Report named Rutgers the best public MBA program in the New York City area and 48th among all MBA programs in the country. For those aspiring to work on Wall Street, the school offers a Master of Quantitative Finance degree that earned RBS a place among the “Top 10 Quant Schools in 2012,” as ranked by Advanced Trading. The post Diamonds in the Rough: Ivy League Experience for a Public School Price at Rutgers appeared first on mbaMission - MBA Admissions Consulting. |
18 Mar 2016, 07:00
| FROM mbaMission Blog: Friday Factoid: Pursue Marketing at UPenn Wharton |
 Perennially ranked among the top business schools in the world, the Wharton School of the University of Pennsylvania appears to be best known for its reputation in finance—as its original name, the Wharton School of Finance and Commerce, would imply. Nevertheless, the school prides itself on its breadth and depth of expertise in a multitude of business areas. For instance, consider these facts about Wharton’s highly regarded marketing program:
For a thorough exploration of what UPenn Wharton and other top business schools have to offer, check out the mbaMission Insider’s Guides. The post Friday Factoid: Pursue Marketing at UPenn Wharton appeared first on mbaMission - MBA Admissions Consulting. |
18 Mar 2016, 11:00
| FROM mbaMission Blog: B-School Chart of the Week: February 2016 Social Currency Rankings |
Rankings come in all shapes and sizes, but can any ranking truly capture social cachet? For a different perspective on the value of an MBA, we turn to the New York Times society pages, where the editors select and profile promising couples. Each month, we dedicate one B-School Chart of the Week to tallying how alumni from top-ranked business schools are advancing their social currency ranking. February turned out to be quite a popular time for MBA weddings, as the New York Times reported on ten such occasions within the month. Two of the nuptials were true business school love stories—Stacy Groll and Alexander Guffanti first met at the Tuck School of Business at Dartmouth while pursuing their respective MBAs, and Amanda Grey and Stephen Wolf had a similar experience at the Kellogg School of Management at Northwestern University. Other MBAs who tied the knot last month include two graduates from New York University’s Stern School of Business and one Harvard Business School (HBS) alum. Whether any female MBAs took advantage of the Leap Day proposal tradition remains to be seen… The post B-School Chart of the Week: February 2016 Social Currency Rankings appeared first on mbaMission - MBA Admissions Consulting. |
19 Mar 2016, 08:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: Why Worry? I Volunteered! |
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Some MBA applicants mistakenly regard community service as a prerequisite for getting into a top program and sign up for community activities without considering whether their chosen organization or cause is a reasonable fit for them. Community service is generally a positive aspect to highlight in your application, given that it demonstrates altruism on the part of the participant and frequently indicates leadership skills as well—attributes that may not be revealed in your work experience. However, it is not a panacea. As you contemplate your involvements, keep in mind that “hours served” are not as important as the spirit of your participation and the extent of your impact. We encourage MBA candidates to carefully consider their community experiences in the same way that they would examine and evaluate their professional or entrepreneurial opportunities. Although people can sometimes make mistakes in their career paths, most gravitate toward areas where they can excel, justifiably to further their own interests. So, for example, if you do not enjoy one-to-one interactions, you likely would not consider a position in sales, because you could never thrive in such a position. In contrast, if working in sales were to bring out the best in you, you just might earn promotions, think of new sales techniques, train others, etc. Success stories develop as a by-product of performance. This reasoning also applies to community service. For example, if you have always enjoyed a particularly close relationship with your grandmother and want to share this kind of positive experience with others, you might decide to spend time volunteering with seniors at a retirement home. If you were quite passionate about your work there, you just might get others involved, expand the volunteer program at the home, take greater leadership in the program, and demonstrate your initiative and enthusiasm in other ways. However, if you are not that passionate about spending time with the elderly, but you just happen to live near a retirement home, volunteering there just for convenience would likely be a mistake. In such a situation, you would lack the spirit of commitment/adventure necessary to ensure that you make an impact—and therefore have a story worth telling the admissions committees. Whether you are already committed to an activity or are just considering becoming involved in one, carefully determine whether you have the spirit necessary to truly commit yourself to your chosen cause and make a difference. If putting in hours is the only commitment you can make, you will just be wasting your time. The post MBA Admissions Myths Destroyed: Why Worry? I Volunteered! appeared first on mbaMission - MBA Admissions Consulting. |
20 Mar 2016, 08:00
| FROM mbaMission Blog: GMAT Impact: First Glance Exercises for Sentence Correction |
With regard to the GMAT, raw intellectual horsepower helps, but it is not everything. In this blog series, Manhattan Prep’s Stacey Koprince teaches you how to perform at your best on test day by using some common sense. For the past few weeks, we have been learning the four-step Sentence Correction (SC) Process. (If you have not read that three-part post yet, go do so now!) People are excited about the opening step, the First Glance, and have asked for more exercises to help them learn how to become a First Glance Expert. For instance… Does the length of the underline tell you anything? If so, what? What about the very first word of the underline? Or the last word right before the underline starts? And what about the differences among the first words of each answer choice? Does anything strike you there? Fantastic clues often exist in these areas, but you need to learn how to translate them. As with any study we do for the GMAT, our real learning comes before the clock starts ticking. Take all the time you need to analyze already-completed questions to figure out how to spot and react to certain types of clues. Then, when the test starts, you will know what to look for, and you will be able to react immediately when you spot a useful clue! First, read the SC Process posts. Next, grab your copy of the Official Guide for GMAT Review 2015. Finally, start trying out the exercises detailed in the article “Get the Most Out of Your First Glance.” Plan to spend a few weeks working on this a little bit every day before you start to spot most of the types of clues that can pop out at you during your first glance at the problem. Have fun! The post GMAT Impact: First Glance Exercises for Sentence Correction appeared first on mbaMission - MBA Admissions Consulting. |
21 Mar 2016, 08:00
| FROM mbaMission Blog: Monday Morning Essay Tip: Focus on Your Story, Not Your Time Frame |
When starting an MBA application essay, many candidates default to using a comfortable and reliable device: stating the year in which an event occurred. However, in many cases, the year is irrelevant and could even be detrimental to the applicant’s case, particularly with admissions committees that have an unspoken bias for younger candidates. Example 1: “In 2006, while walking through a market in Dhaka, I found the most unusual item for my firm’s catalogue.” In this example, does the year really matter? Is this mysterious discovery not interesting enough to stand on its own? Further, this writer may be taking an unnecessary risk by informing the reader that the experience is several years old. Example 2: “While walking through a market in Dhaka, I found the most unusual item for my firm’s catalogue.” In the second example, we have a simpler opening, but one that still captures the reader’s imagination, even without disclosing when the event occurred. The only reason you may feel that the time frame is “missing” in the latter example is because it appears in the first example, so you may have half expected it to appear again. But in fact, the central story does not change at all without it. With no date mentioned, you would simply proceed through the introduction into the body of the essay, following the story line, rather than being distracted by the time frame for this hypothetical candidate. So, when writing about your experiences, consider whether disclosing the year or time frame is really necessary for the effectiveness or clarity of the story. If it is not, you may want to avoid mentioning the date, because it could be distracting or even a detriment. The post Monday Morning Essay Tip: Focus on Your Story, Not Your Time Frame appeared first on mbaMission - MBA Admissions Consulting. |
22 Mar 2016, 08:00
| FROM mbaMission Blog: Mission Admission: Get an Early Start on Your Resume |
Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. We at mbaMission try to encourage business school candidates to get as much “noise” out of the way as possible before the schools begin releasing their essay questions for the next admissions season. We want our applicants to have the freedom to reflect on their experiences, formally and thoroughly brainstorm, choose ideas, prepare outlines, and then focus on crafting powerful essays. Essentially, we want them to be unfettered as they engage in what is, for many, one of the most significant creative challenges they will ever face. Using this time to address a task such as preparing your resume—a process that often requires several rounds of revisions—will allow you to focus better on the other elements of your application later. By revising your resume now, you can dedicate the time needed to do so at a more leisurely pace, before “crunch time” hits. Further, you will lay the foundation for brainstorming for your essays later, by reminding yourself of your most significant accomplishments. If you prepare your resume now, you will definitely thank yourself later for having completed this task early. Note: We recognize that you may achieve additional accomplishments in the next few months. We nonetheless suggest that you update your resume now, however, and then revisit and amend your most recent entry one to two weeks before your application deadlines. The post Mission Admission: Get an Early Start on Your Resume appeared first on mbaMission - MBA Admissions Consulting. |
22 Mar 2016, 12:00
| FROM mbaMission Blog: B-School Chart of the Week: How Long Was Your Business School Interview? |
Although quantifying a school’s profile certainly does not tell you everything, it can sometimes simplify the many differences among the various MBA programs. Each week, we bring you a chart to help you decide which of the schools’ strengths speak to you. Recently, we have been exploring the results of our 2015–2016 admissions cycle survey, in which more than 200 MBA hopefuls told us about their experiences interviewing at various top-ranked business schools. So far, we have discussed the locations and conductors of the interviews, and this week we take a closer look at the clock: how long are MBA interviews on average? The majority of respondents, 99 individuals, said their interviews lasted approximately 45 minutes. Not far behind, 96 interviewees said they spent about 30 minutes in the hot seat. Perhaps fortunately, extra-long interviews were few and far between, as only four respondents reportedly spent 75 minutes in their interviews, while five candidates said their interviews lasted 90 minutes or more. Finally, only three MBA applicants claimed to have had interviews of less than 30 minutes. The post B-School Chart of the Week: How Long Was Your Business School Interview? appeared first on mbaMission - MBA Admissions Consulting. |
23 Mar 2016, 08:00
| FROM mbaMission Blog: Professor Profiles: Irv Grousbeck, Stanford Graduate School of Business |
Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we focus on Irv Grousbeck from the Stanford Graduate School of Business. One of the founders and former directors of the Center for Entrepreneurial Studies at the Stanford Graduate School of Business (GSB), Irv Grousbeck first began teaching at the business school in 1985 after co-founding Continental Cablevision (now Media One) in 1964 and teaching at Harvard Business School (1981–1985), where he helped found the entrepreneurial management department. He is currently the principal owner, a managing partner, and an executive committee member of the Boston Celtics, a National Basketball Association team. According to a recent Stanford GSB alumnus with whom mbaMission spoke, students find Grousbeck’s “Managing Growing Enterprises” class so useful because in it, they must assume the role of CEO of the companies they discuss, and Grousbeck then forces them to deal with particular managerial challenges, strongly emphasizing execution. Designed for students who anticipate becoming entrepreneurs or joining a start-up shortly after graduating from business school, the course is capped at 40 people and includes frequent role-plays. For more information about the Stanford GSB and 15 other top-ranked business schools, check out the mbaMission Insider’s Guides. The post Professor Profiles: Irv Grousbeck, Stanford Graduate School of Business appeared first on mbaMission - MBA Admissions Consulting. |
23 Mar 2016, 11:00
| FROM mbaMission Blog: Learn from Entrepreneurs’ Mistakes—Tune in to Founder Fireside Chats from San Antonio Startup Week! |
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Today, many aspiring MBAs and MBA graduates want to join start-ups or launch such companies themselves. Is entrepreneurship as exciting as it seems? Is it really for you? mbaMission Founder Jeremy Shinewald has teamed up with Venture for America and CBS Interactive to launch Smart People Should Build Things: The Venture for America Podcast. Each week, Shinewald interviews another entrepreneur so you can hear the gritty stories of their ups and downs on the road to success. The podcast series breaks the mold with a new type of episode—a broadcast from San Antonio Startup Week featuring a panel assembled by a Venture for America fellow. The panel discussion, titled “Founder Fireside Chats: Learning from Mistakes, Pivots, & Failures,” explores the less-than-stellar moments of each entrepreneur’s history and how the panelists overcame their obstacles. The panel is composed of four fascinating professionals, including:
The post Learn from Entrepreneurs’ Mistakes—Tune in to Founder Fireside Chats from San Antonio Startup Week! appeared first on mbaMission - MBA Admissions Consulting. |
24 Mar 2016, 08:00
| FROM mbaMission Blog: Beyond the MBA Classroom: Fuqua Partners |
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When you select an MBA program, you are not just choosing your learning environment but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school. Fuqua Partners is an organization made up of students’ wives, husbands, or significant others who come to Durham while the students complete the MBA program. According to the school’s Web site, approximately 30% of the students in a typical incoming class at Fuqua are married or in some form of a committed relationship. The Fuqua Partners group is designed “to help partners make a life for themselves while students tackle the daily demands of an MBA,” explains the school’s Web site. A club officer told mbaMission that attendance at events can vary greatly, explaining that “a manicure/pedicure party may only attract ten people, whereas a barbecue may attract 100.” One second-year student with a partner told mbaMission, “Fuqua does a really, really good job of integrating everybody,” and another noted, “Everyone’s invited to everything.” A first year we interviewed commented that the programs and the community support provided to partners were “very important” elements in his evaluation of MBA programs and that “Fuqua had the appeal that [my wife] and many others’ partners were all coming to the area for the first time and could build a network together, as opposed to trying to contend with trying to join existing cliques.” Another married first-year student told us, “The key thing here is the strength of the partners’ network. For example, even from Blue Devils weekend, which is a ‘sell’ weekend for admitted applicants, I signed in, and my wife signed in separately and had her own bag of goodies waiting for her. [Partners] are really interwoven here; as much as possible, they’re invited to many of the events.” He added that at Fuqua, partners “have their own activities—running clubs and book clubs.” Yet another first year told mbaMission he felt that Fuqua is “hands-down the best for partners” of all the schools he considered and that this was one of the two primary reasons he applied. For in-depth descriptions of social and community activities at Duke Fuqua and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: Fuqua Partners appeared first on mbaMission - MBA Admissions Consulting. |
24 Mar 2016, 12:00
| FROM mbaMission Blog: Diamonds in the Rough: Rotman School of Management |
 Rotman School of Management MBA applicants can get carried away with rankings. In this series, we profile amazing programs at business schools that are typically ranked outside the top 15. One of Canada’s top-ranked business schools for finance—the University of Toronto’s Rotman School of Management—recently began benefiting from the leadership of a foremost figure in the nation’s financial sector. After Roger Martin stepped down as the school’s dean, former senior deputy governor of the Bank of Canada Tiff Macklem assumed the role for a five-year term in July 2014. Rotman, ranked first among Canadian MBA programs by the Financial Times, underwent significant growth under Martin’s deanship, both in campus size and endowment. Macklem’s appointment as dean suggests a continued rise in Rotman’s academic profile and its reputation for financial education. “He has vast experience managing large institutions, translating academic research into public policy, and representing Canada on the world stage,” stated the university’s vice president and provost. In addition to its finance-related strengths, Rotman offers a rather unique approach to core business pedagogy. Relying on what it terms “integrative thinking,” Rotman’s teaching model challenges the compartmentalization of traditional functional areas. Students complete a series of core courses in their first year that emphasize generalized business skills and the ability to think across functional disciplines. In their second year, they are given the option to choose from among ten different major areas, while supplementing their focus with a broader array of elective courses. The post Diamonds in the Rough: Rotman School of Management appeared first on mbaMission - MBA Admissions Consulting. |
25 Mar 2016, 08:00
| FROM mbaMission Blog: Friday Factoid: Think Kellogg, Think Entrepreneurship? |
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Let us play a quick game of word association—we will start. “Kellogg.” Ok, go ahead. “Entrepreneurship,” right? No? Aspiring MBAs may be surprised to learn that Kellogg offers nearly dozens of courses in this discipline and that its Entrepreneurship and Innovation major has been among its most popular areas of study—defying the stereotype that Kellogg produces only marketing MBAs. As part of Envision Kellogg, the school’s strategic plan, the MBA program introduced four new impact initiatives in 2012, one of which is the Kellogg Innovation & Entrepreneurship Initiative (KIEI). Overseen by the Larry and Carol Levy Institute for Entrepreneurial Practice, the KIEI offers numerous opportunities for students to develop their entrepreneurial acumen. In bolstering the school’s offerings in this area, the Levy Institute’s faculty has grown from 28 in 2012–2013 to the current total of 31 professors. In addition to business plan competitions, the Levy Institute manages the Kellogg Entrepreneurial Internship Program and the Entrepreneur-In-Residence program, an experiential learning option through which, for a day, an experienced entrepreneur hosts half-hour sessions with students who aspire to careers in this field or are seeking advice on their already active projects. The Levy Institute also offers the Private Equity Internship Program, wherein rising second-year students intern with small businesses or private equity firms—receiving a stipend—to facilitate career transitions that would otherwise be challenging for those without experience. In addition, the Kellogg Entrepreneurship Internship Program offers a stipend to first-year students for a ten-week summer internship with a host company. MBA student entrepreneurs coming from or planning to enter a family business will likely be interested to learn that Kellogg’s Center for Family Enterprises not only publishes research and cases on such businesses, but also confidentially consults with family-run companies. Indeed, this is all just the tip of the iceberg… Go beyond the stereotypes. For in-depth information on Kellogg and other leading business school programs, check out the mbaMission Insider’s Guides. The post Friday Factoid: Think Kellogg, Think Entrepreneurship? appeared first on mbaMission - MBA Admissions Consulting. |
25 Mar 2016, 12:00
| FROM mbaMission Blog: General Assembly Co-Founder Matt Brimer Discusses His Latest Brainchild, DAYBREAKER |
 Co-Founder, General Assembly, Founder, Daybreaker Today, many aspiring MBAs and MBA graduates want to join start-ups or launch such companies themselves. Is entrepreneurship as exciting as it seems? Is it really for you? mbaMission Founder Jeremy Shinewald has teamed up with Venture for America and CBS Interactive to launch Smart People Should Build Things: The Venture for America Podcast. Each week, Shinewald interviews another entrepreneur so you can hear the gritty stories of their ups and downs on the road to success. One of General Assembly’s co-founders, Brad Hargreaves, recently shared his entrepreneurial path with our podcast listeners—and now his counterpart, Matt Brimer, steps into the studio! Before joining forces with Hargreaves, Brimer built a respectable career in both marketing and entrepreneurship. His latest endeavor, DAYBREAKER, can best be described as a sober early-morning dance party—think freshly pressed juices at 6 a.m. instead of mixed drinks! Brimer sat down with Shinewald to explain how he came to establish his many companies, discussing these details and more:
Subscribe to the podcast series to stay on top of new entrepreneurial stories as they are released! The post General Assembly Co-Founder Matt Brimer Discusses His Latest Brainchild, DAYBREAKER appeared first on mbaMission - MBA Admissions Consulting. |
26 Mar 2016, 07:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: The CFA Is a Liability |
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The Chartered Financial Analyst (CFA) designation—a grueling, three-year financial program that hundreds of thousands of people pursue each year—covers many of the subjects included in a “typical” first-year MBA curriculum. A CFA aspirant must study basic economics, accounting, finance, and quantitative analysis—areas that echo aspects of many first-year MBA core curricula. So, would working toward a CFA designation actually negatively affect an MBA applicant’s candidacy by suggesting that he/she already has the tools an MBA education would provide and that additional studies would therefore be superfluous? Definitely not! In fact, pursuing a CFA designation reflects positively on the applicant in that the effort emphasizes his/her abilities to manage a rigorous MBA curriculum and establishes the candidate as a self-starter and a disciplined individual, given that CFA preparation is intense and requires several months of sustained study for each level. Furthermore, from an admissions perspective, admissions officers want to know that they are admitting individuals who are employable; the CFA charter holder has an advantage in the post-MBA recruiting world, because employers can point to the designation as a differentiator among otherwise indistinguishable applicants. The CFA can also be a useful marketing tool for candidates to help them during the admissions process. Because the CFA narrowly focuses on financial tools, it does not cover a myriad of other subjects the MBA does address and that are useful to financial professionals, including marketing, operations, international business, human resource management, and entrepreneurship. The CFA is an independent and largely quantitative program and thus cannot provide the elements that the MBA offers through discussion, debate, and measuring qualitative information in decision making. Together, the CFA designation and the MBA degree are a powerful one-two punch that can be advantageous in both gaining admission to business school and landing that coveted post-MBA position. The post MBA Admissions Myths Destroyed: The CFA Is a Liability appeared first on mbaMission - MBA Admissions Consulting. |
27 Mar 2016, 08:00
| FROM mbaMission Blog: GMAT Impact: Reorient Your View on Math Problems |
With regard to the GMAT, raw intellectual horsepower helps, but it is not everything. In this blog series, Manhattan Prep’s Stacey Koprince teaches you how to perform at your best on test day by using some common sense. The quant section of the GMAT is not a math test. Really! It just looks like one on the surface. In reality, the test writers are testing us on how we think. As such, they write many math problems in a way that hides what the sentence is really testing or even implies a solution method that is not the best solution method. Assume nothing, and do not accept that what they give you is your best starting point! Instead, slow down a little. First, just glance at the whole problem (before you really start reading) to see what kind of problem you have. Next, read the problem and jot down any numbers, formulas, etc. Do not do any translation or simplification at this stage—in short, do not do any actual work yet. Just get the basics on paper, and wrap your brain around what the question is saying. You will be less likely to fall into their traps if you think before you act. Then, reflect and organize: what have you got, and what should you consider doing with it? Do any pieces of information go together? Do you see any clues that give you an idea of how to solve the problem? Is the problem really obviously suggesting a certain path? Maybe that will work—but make a conscious decision that this really is your best path. Most of the time, when an “obvious” path is suggested, some other path is actually faster or easier. Also, remember that your best approach might be to guess and move on, depending on how hard the question is! Finally, if you are not going to guess, then get to it and work! You made some kind of plan during the previous step, so start working that plan! If you get stuck at this stage, you are allowed to give yourself one chance to unstick yourself. Go back to an earlier step in your work to see whether you can find another way forward. If you find yourself still stuck, pick something and move on. Want to see some examples of all this? Glad you asked. I have got a full two-part article for you with three different practice problems. Get to it, and let me know what you think! The post GMAT Impact: Reorient Your View on Math Problems appeared first on mbaMission - MBA Admissions Consulting. |
27 Mar 2016, 11:00
| FROM mbaMission Blog: In Other News… Gender Inequality at B-Schools, a Tuition-Free MBA, and the Rising Popularity of MBA Tech Jobs |
The business school world is constantly buzzing with change and innovation. In addition to our regular news posts, we briefly touch on a few notable stories from this dynamic field in one roundup.
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Hi Generic [Bot],
Here are updates for you:
ANNOUNCEMENTS
AGSM at UNIVERSITY OF CALIFORNIA RIVERSIDE
Tuck at Dartmouth
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