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21 Sep 2016, 07:00
| FROM mbaMission Blog: Professor Profiles: Vijay Govindarajan, Dartmouth College Tuck 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 Vijay Govindarajan from the Tuck School of Business at Dartmouth College.  Vijay Govindarajan, affectionately known by students as simply “VG,” is the Coxe Distinguished Professor at Tuck and has been cited by Bloomberg Businessweek, Forbes, and The London Times as a top-ten strategy professor. His research focus includes global strategy, strategic innovation, strategy execution, and strategic controls. Govindarajan has been a consultant to several well-known companies, including Walmart, FedEx, and Microsoft, and in 2008, he served as chief innovation consultant to General Electric. In addition to his residency at Tuck, Govindarajan was named a Marvin Bower Faculty Fellow at Harvard Business School in 2015 for a two-year period. He was also the 2015 recipient of the Association of Management Consulting Firms Award of Excellence. One alumnus told mbaMission, “VG’s class is great, and the cases have been interesting. Most of the cases are about manufacturing companies; however, they are not boring at all. He’s a great speaker and great lecturer.” Another graduate described Govindarajan’s classroom style to mbaMission by saying, “VG maintains a balance between lecture and class participation. He never cold-calls because he believes that students will be prepared. He doesn’t want students to comment for the sake of commenting and wants people to say something meaningful, which might be different from the approach at other schools.” Another alumnus shared that Govindarajan often brings great speakers to class. For more information about Dartmouth Tuck and 15 other top-ranked MBA schools, check out the mbaMission Insider’s Guides. The post Professor Profiles: Vijay Govindarajan, Dartmouth College Tuck School of Business appeared first on mbaMission - MBA Admissions Consulting. |
21 Sep 2016, 11:01
| FROM mbaMission Blog: MBA Career News: Five Tips for Writing a Compelling Post-MBA Resume |
In this new blog series, our mbaMission Career Coaches offer invaluable advice and industry-related news to help you actively manage your career. Topics include building your network, learning from mistakes and setbacks, perfecting your written communication, and mastering even the toughest interviews. To schedule a free half-hour consultation with one of our mbaMission Career Coaches,click here. Today’s topic is resumes. We know that the thought of updating your resume can be overwhelming, so we decided to share our top five tips for writing a compelling one. 1. Know your audience. Identify the three to five required skills and attributes of your target role. Action item: Gather information from job descriptions, networking conversations, and the LinkedIn profiles of people who are currently working in your target roles. 2. Keep your audience in mind. Write bullets that highlight the required skills for the job and demonstrate your passion for the industry/function you are pursuing. Action items: Reread each bullet point on your resume. Next to each item, write down the main skill or theme that the item communicates. (Hint: Look at the action verb at the beginning of each bullet.) Review your list, and then evaluate whether your resume comes across as relevant to your target employer. 3. Prioritize relevant content. A resume is not a list of everything you have ever done. If a skill isn’t relevant for your target audience or has already been highlighted multiple times on your resume, consider removing it or rewriting it to focus on another aspect of that accomplishment. Action items: Order your bulleted items within each position by their relevance to your target audience, not based on the length of the project or the importance to your previous employer. 4. Create an aura of success; answer the “So what?” question. If your bullets read like a job description, you are missing an opportunity to differentiate your candidacy and show your track record of success. Action items: Quantify the (realized or intended) impact you had on the department, company, clients, or processes. Add numbers to your resume to show the scope of your responsibility/level of complexity of your work. Highlight any promotions, awards, and honors. 5. Pay attention to the details. Your resume should have consistent formatting and be easy to read (avoid overusing italics, underline, and bold). Keep your margins to at least a half-inch on all sides. Action item: Proofread—ask a friend to help you—and make sure there are no typos! Have you been admitted to business school and want to get a head start on defining your career goals? Do you need help preparing for job interviews or learning how to effectively network with your target employers? Or maybe you want to be a top performer in your current role but are unsure how to maximize your potential? Let an mbaMission Career Coach help via afree 30-minute consultation! The post MBA Career News: Five Tips for Writing a Compelling Post-MBA Resume appeared first on mbaMission - MBA Admissions Consulting. |
22 Sep 2016, 07:01
| FROM mbaMission Blog: Beyond the MBA Classroom: Tailgating Parties at Ross |
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. College football is big in Ann Arbor, and students at the University of Michigan Ross School of Business appear to enjoy the season with real fervor. Tailgates precede nearly every game, and some tailgate parties are even sponsored by corporations and serve as mini recruiting events. At these sponsored tailgates, corporate representatives—who are usually Michigan alumni—network with Ross students. And generally, the more important the game, the more senior the executives representing the sponsor company! And while we are talking about football, we should also mention “The BUS”—an actual school bus painted to look like a Michigan football helmet that is owned by roughly 50 Ross students and has been passed down from class to class each year since the early 2000s. Originally conceived as a way to centralize tailgating for the Ross community, The BUS is present at every home game as well as at least one away game each season, serving as home base for spirited tailgate parties. Even the dean has been known to visit tailgates at The BUS—which has its own Facebook page! A first-year student with whom we spoke noted that “Bus tailgates at home football games” were not to be missed, saying they are “Lots of fun, and you get to hang out with the whole class.” For in-depth descriptions of social and community activities at Michigan Ross and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: Tailgating Parties at Ross appeared first on mbaMission - MBA Admissions Consulting. |
22 Sep 2016, 12:01
| FROM mbaMission Blog: Diamonds in the Rough: Georgetown University’s McDonough School of Business |
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Georgetown University’s McDonough School of Business 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. Georgetown University’s McDonough School of Business unveiled an updated MBA curriculum in 2012—and with it, a revamped global emphasis. The school’s dean at the time, David A. Thomas, announced the changes as a response to the evolving global business landscape, meant to equip students “with the skills to be innovative leaders—whether they are joining established organizations or becoming entrepreneurs.” During “opening term,” first-year students are required to take “Structure of Global Industries.” This immersive three-week core course provides a foundation in international business that runs through the required “modules” in the spring semester and culminates with the school’s newly expanded, signature “Global Business Experience” during students’ second year. In this program, students take on consulting roles working for actual international organizations. In the spring, student teams travel to their respective client’s country—such as South Africa, Turkey, Mexico, and Italy—to gain firsthand experience working in a global consulting and management setting. After the participating students return to campus, they present the stories of and takeaways from their experiences to their classmates at the school’s Global Business Conference. The post Diamonds in the Rough: Georgetown University’s McDonough School of Business appeared first on mbaMission - MBA Admissions Consulting. |
23 Sep 2016, 07:01
| FROM mbaMission Blog: Friday Factoid: Studying Health Enterprise Management at Kellogg |
 An often unsung program at Northwestern University’s Kellogg School of Management is the school’s Health Enterprise Management program, and a “star” within this program is the Global Health Initiative (GHI)—co-founded by former Kellogg professor (now provost) Daniel Diermeier, with several students in leadership and advisory roles—in which academics, students, corporations, and nonprofits create products that solve medical problems around the world. As evidence of the program’s profile, in 2006, the GHI received a $4.9M grant from the Bill and Melinda Gates Foundation to develop diagnostic devices capable of identifying the HIV virus. Another impressive experiential offering is the multidisciplinary “NUVention: Medical Innovation” lab class, which brings together industry leaders, top faculty members, and students from several of Northwestern’s graduate schools (Law, Engineering, Medicine, and Business). In this two-term course, students experience the “entire innovation life cycle” from a variety of perspectives: scientific, legal, and entrepreneurial/managerial. Students even shadow surgeons and observe clinicians to facilitate their own brainstorming sessions for an innovative product—an actual product is created and presented to potential investors. Clearly, Kellogg provides students interested in health care with an opportunity to roll up their sleeves and get their hands dirty (and then sanitize them after, of course). The post Friday Factoid: Studying Health Enterprise Management at Kellogg appeared first on mbaMission - MBA Admissions Consulting. |
23 Sep 2016, 11:01
| FROM mbaMission Blog: B-School Chart of the Week: August 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. The 2016 summer wedding season is over, but MBAs certainly took advantage of its last few weeks—as is evident from the 22 August weddings involving MBAs that were profiled by the New York Times. Columbia Business School (CBS) graduates were especially busy, with four CBS MBAs tying the knot in three weddings. Danielle Kennedy and Markus Fischer, who were married on August 20, met on a CBS study trip to Japan while both were pursuing their MBAs at the school. CBS also served as a matchmaker for MBAs Charlotte Chapman and Jorge Vilariño, who walked down the aisle on August 27. In addition, a number of current MBA students did not let their studies get in the way of wedding fever—MBA candidates from Harvard Business School, CBS, and Tuck School of Business at Dartmouth wed their loved ones just before the start of the fall semester. The post B-School Chart of the Week: August 2016 Social Currency Rankings appeared first on mbaMission - MBA Admissions Consulting. |
24 Sep 2016, 07:01
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: I Must Have Gotten It Wrong! |
You have a 720 GMAT score and a 3.75 GPA. You have made solid career progress and procured glowing recommendations. You have been actively volunteering in your community for years. You worked hard on your application and landed an interview at your target school, where you felt you did well. But… you did not get in. You must have done something terribly wrong in your interview or unwittingly made a mess of your essays, right? Not necessarily. We recently spoke with the admissions director at a top MBA program who explained that his school does not give feedback to rejected candidates because it is simply a waste of the candidate’s and admissions staff’s time. The admissions director told us that the school would need to nitpick in order to give candidates something to work on and to ensure that they filled the time during these hypothetical feedback sessions. He explained that nine times out of ten, the feedback that they offered to weaker candidates would be patently obvious and that countless strong applicants had done nothing wrong at all. In fact, most candidates create their best applications, but space is simply limited in the class. Although this may not be comforting if you were rejected, you may just have been the victim of a competitive process during a competitive year. We suggest that you honestly assess your own candidacy and consider staying the course as you continue applying. Spending significant time revamping your applications may be a waste of time and a losing strategy. Patience may prove beneficial in the long term. The post MBA Admissions Myths Destroyed: I Must Have Gotten It Wrong! appeared first on mbaMission - MBA Admissions Consulting. |
25 Sep 2016, 07:01
| FROM mbaMission Blog: GMAT Impact: Tackling Reading Comprehension 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. We previously examined how to read Reading Comprehension (RC) passages. If you have not read our earlier article, go ahead and do so right now. Today, I want to talk about the three primary types of questions that appear on RC: Main Idea, Specific Detail, and Inference. I also want to talk about how to analyze RC problems. In general, we learn the most from a problem after we have finished doing it. Our review is the real learning experience. Any problem can (and should!) be analyzed using the questions discussed in this “How to Analyze a Practice Problem” article. How would that work with a Reading Comprehension question? Glad you asked. This article contains an example of a complete RC Inference problem analysis—you will learn not only how to analyze an RC problem but also how to tackle Inference problems. (In general, Inference problems ask us to deduce something from some piece of evidence provided in the passage.) Let’s tackle Main Idea questions next. These questions focus on the main point of a passage, though we could also be asked to give the main point of just one paragraph. Specific Detail questions ask us to address some particular detail mentioned explicitly in the passage. We could be asked what the passage says or why the author mentions a certain thing. Knowing whether you are dealing with a What question or a Why question is important. Think about the answers to these two questions: What are you studying? Why are you studying it? Completely different answers! Those will cover most, if not all, of the RC question types you will see when you take the GMAT. You might also encounter a Strengthen or Weaken question, similar to the questions that we see in the Critical Reasoning section. These are fairly rare in RC, though—chances are good that you will not actually see one. So go ahead and tackle those Reading Comprehension question types and remember this: when you are studying, your goal is not (just) to get the question right. Your goal is to learn something that you could apply on a different question (or questions) in the future! The post GMAT Impact: Tackling Reading Comprehension Problems appeared first on mbaMission - MBA Admissions Consulting. |
25 Sep 2016, 12:00
| FROM mbaMission Blog: Learn How a Bike Accident Led Meg Daly to Found Miami’s Underline Park |
 Miami’s Underline Park; Photo via www.theunderline.org 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. New York has the High Line, Chicago has The 606, Atlanta has the BeltLine—and soon, Miami will have its own park that was created on unused land right in the midst of the city. Sales and marketing executive Meg Daly came up with the idea for the Underline, a ten-mile linear park being built below Miami’s Metrorail, after having an epiphany while walking to a weekly appointment. Listen to the podcast episode to hear how she came up with the idea for this fascinating park, as she discusses these details and more:
Be sure to subscribe to the podcast series to hear more entrepreneurial stories like Daly’s! The post Learn How a Bike Accident Led Meg Daly to Found Miami’s Underline Park appeared first on mbaMission - MBA Admissions Consulting. |
26 Sep 2016, 08:00
| FROM mbaMission Blog: Monday Morning Essay Tip: Take Ownership of Your Goals |
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When admissions officers read your MBA application, they want to feel inspired by your personal statement; they want to know that you have a strong sense of purpose and will work energetically to attain your objectives. Thus, you must ensure that you are not presenting generic or shallow goals. Although this problem is not industry specific, it occurs most often with candidates who propose careers in investment banking or consulting but do not have a true understanding of what these positions entail. For example, a candidate cannot merely state the following goal: “In the short term, when I graduate from Wharton, I want to become an investment banking associate. After three years, I will be promoted to vice president, and then in the long term, I will become a managing director.” This hypothetical candidate does not express any passion for his/her proposed course, does not show any understanding of the demands of the positions, and does not explain the value he/she could bring to the firm. To avoid these kinds of shortcomings, conduct this simple test when writing your personal statement: if you can easily substitute another job title into your career goals and the sentence still makes perfect sense (for example, “In the short term, when I graduate from Wharton, I want to become a consultant. After three years, I will be promoted to vice president, and then in the long term, I will become a managing director.”), you know you have a serious problem on your hands and need to put more work into your essay. To effectively convey your goals, you need to truly own them. This means personalizing them, determining and presenting why you expect to be a success in the proposed position, and explaining why an opportunity exists for you to contribute. For example, a former forestry engineer could make a strong argument for joining an environmental impact consulting firm. (Note: This candidate would still need to explain why he/she would want to join one.) Similarly, a financial analyst in the corporate finance department at Yahoo! could connect his/her goals to tech investment banking. Although the connection need not be so direct, especially for candidates seeking to change careers, relating your past experiences and/or your skills to your future path is still extremely important. This approach will add depth to your essay and ensure that the admissions committee takes you seriously. The post Monday Morning Essay Tip: Take Ownership of Your Goals appeared first on mbaMission - MBA Admissions Consulting. |
27 Sep 2016, 08:00
| FROM mbaMission Blog: Mission Admission: What to Expect from Your MBA Interview |
Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. With MBA interview invitations continuing to arrive at this time of year, we thought it would be appropriate to discuss some challenging interview situations. Most business school interviews are straightforward opportunities for an interviewer to learn more about a candidate’s personal and professional backgrounds, goals, reasons for selecting a specific school, and leadership/team experiences. Yet interviews can vary dramatically from school to school, and sometimes they include a few peculiarities. So, what constitutes a “tough” interview, and how can you best navigate one? Stoic interviewer: Some interviewers can be unemotional, refusing to give you any indication as to whether you are making a positive impression or not. And amid the intense pressure of an interview, you may perceive this lack of clear positive response as a sign of actual disapproval. The key to managing such a situation is to tune out the interviewer’s lack of emotion. Focus on your answers and do your best to not be distracted by anything about the interviewer, ignoring everything except the questions he/she is posing. “Reading” the interviewer in real time can be challenging, so you should instead concentrate on showcasing your strengths. Philosophical questions: Most candidates are ready to discuss their experiences and accomplishments, but many are not prepared to discuss their values and philosophy on life. Harvard Business School, in particular, likes to understand applicants’ motivations and will ask questions like “What is your motivation to succeed?,” “What drives you?,” and “What gives you purpose in life?” The key to answering these sorts of questions is pretty simple: expect and prepare for them in advance (after all, you are being warned right now). However, you should not assume that all the questions you will receive during your interview will be experiential. Persistent questioning: Sometimes a tough interviewer will continuously delve deeper into a subject, such as by repeatedly asking “Can you be more specific about [the topic under discussion]?” after posing an initial question. These kinds of unusual pressure tactics can be disconcerting, but the key is to simply stay on topic. No matter how persistent he/she is, the interviewer is always essentially asking you about a subject that you know quite well—you! So again, by avoiding the distraction of the tactic and sticking to your agenda, you should be fine. mbaMission offers even more interview advice in our FREE Interview Primers, which are available for 15 top-ranked business schools. The post Mission Admission: What to Expect from Your MBA Interview appeared first on mbaMission - MBA Admissions Consulting. |
28 Sep 2016, 08:00
| FROM mbaMission Blog: Professor Profiles: Roberto Rigobon, MIT Sloan School of Management |
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 Roberto Rigobon from the MIT Sloan School of Management. Roberto Rigobon, the Society of Sloan Fellows Professor of Management and a professor of applied economics, specializes in international economics, monetary economics, and development economics. At an awards ceremony in 2005, Sloan students described him as someone who “epitomized the fine line between madness and genius.” Other award-related descriptions of Rigobon refer to him as “serious but hilarious,” “crazy and brilliant,” and “high energy.” He teaches the reportedly very popular “Applied Macro and International Economics” course, which is said to be often taken by up to 30% of Sloan students at a time. He has won numerous teaching awards during his time at Sloan (including the school’s Excellence in Teaching Award in 2000, 2003, and 2005, and Teacher of the Year in 1999, 2002, and 2004) and is primarily recognized for his accessibility. As one second-year student blogged, “The door to his office was always open.” For more information about MIT Sloan and 15 other top-ranked MBA schools, check out the mbaMission Insider’s Guides. The post Professor Profiles: Roberto Rigobon, MIT Sloan School of Management appeared first on mbaMission - MBA Admissions Consulting. |
28 Sep 2016, 12:00
| FROM mbaMission Blog: MBA Career News: How to Turn Resume Bullets into Accomplishment Statements |
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In this new blog series, our mbaMission Career Coaches offer invaluable advice and industry-related news to help you actively manage your career. Topics include building your network, learning from mistakes and setbacks, perfecting your written communication, and mastering even the toughest interviews. To schedule a free half-hour consultation with one of our mbaMission Career Coaches,click here. Writing an effective resume requires you to transform your job description bullets into accomplishment statements. A strong accomplishment statement has the following four key elements:
Questions to Ask Yourself When Writing Accomplishment Statements
 Have you been admitted to business school? If so, do you want to get a head start on defining your career goals? Do you need help preparing for job interviews or learning how to effectively network with your target employers? Or maybe you want to be a top performer in your current role but are unsure how to maximize your potential. Let an mbaMission Career Coach help via afree 30-minute consultation! The post MBA Career News: How to Turn Resume Bullets into Accomplishment Statements appeared first on mbaMission - MBA Admissions Consulting. |
29 Sep 2016, 09:01
| FROM mbaMission Blog: Beyond the MBA Classroom: Liquidity Preference Functions at Stanford GSB |
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. “Leave it to clever biz students to dress up a party as a business meeting,” quips a past Stanford Graduate School of Business (GSB) News article in reference to the school’s weekly Liquidity Preference Functions—or LPFs—explaining, “Every Friday […] students blow off end-of-the-week steam over beverages, food, and loud music.” Essentially happy hours, LPFs are a longstanding GSB social tradition in which students get together to enjoy spirits at local establishments after classes. Alumni even have LPF events during reunions. In fact, the gatherings are such a quintessential part of the GSB experience that two of the school’s graduates who started a winery together named one of their wines “LPF” to honor this facet of their time at their alma mater. For in-depth descriptions of social and community activities at the Stanford GSB and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: Liquidity Preference Functions at Stanford GSB appeared first on mbaMission - MBA Admissions Consulting. |
29 Sep 2016, 12:00
| FROM mbaMission Blog: Diamonds in the Rough: Business of Medicine MBA at Kelley School of Business |
 Indiana University’s Kelley School of Business 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. As the demand for business-savvy health care professionals grows, business schools are taking notice. Leading the way is the Business of Medicine MBA at Indiana University’s Kelley School of Business, which is designed to train practicing physicians to assume management positions and face a changing health care business environment. As the Financial Times reports, the two-year degree program began in the fall of 2013 and presents a new kind of opportunity at the intersection of business management and medical practice. The degree combines the basic curriculum of Kelley’s full-time MBA with specialized health care courses supported by the school’s Center for the Business of Life Sciences. The Financial Times quotes Idalene Kesner, who was interim dean at the time of the article but has since been appointed dean, as saying, “With this degree, physician leaders will emerge with the full skillset to transform individual institutions, the broad healthcare field and, most important, patient outcomes.” Part of the Business of Medicine MBA program is taught online, drawing on Kelley’s pioneering strengths in distance learning, while the other part entails one weekend residence per month, allowing for a more flexible time commitment. The post Diamonds in the Rough: Business of Medicine MBA at Kelley School of Business appeared first on mbaMission - MBA Admissions Consulting. |
30 Sep 2016, 08:00
| FROM mbaMission Blog: Friday Factoid: Research-to-Practice at Tuck |
The Tuck School of Business at Dartmouth College is known for its close-knit community and small faculty-to-student ratio. The school’s research-to-practice seminars complement these characteristics. An article on the school’s Tuck Today Web site explained that “International Entrepreneurship” was the first of several such seminars designed to give students insight into a real-world business issue. The seminars were conceived as a key component of the school’s strategic five-year plan, called Tuck 2012. The courses bring together 15 second-year students with top faculty for a “deep dive” into a specific topic. Research-to-practice seminars that were offered in recent years include the following:
The post Friday Factoid: Research-to-Practice at Tuck appeared first on mbaMission - MBA Admissions Consulting. |
30 Sep 2016, 11:01
| FROM mbaMission Blog: Learn About Consulting Firsthand from McKinsey & Company! |
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mbaMission is proud to announce an exclusive online event presented by prestigious worldwide management consultancy McKinsey & Company. Have you ever wondered what management consulting actually is or what a consultant does? If so, this is your chance to learn firsthand from seasoned McKinsey & Company consultants Ahmed Darwish and Mary Katherine Flanigan via the free, live webinar “Beyond Buzzwords: What Is Consulting?” During this online event, Ahmed and Mary Katherine will share a broad overview of consulting and the work they do, while also providing insight into the following topics:
Event Details
The post Learn About Consulting Firsthand from McKinsey & Company! appeared first on mbaMission - MBA Admissions Consulting. |
01 Oct 2016, 07:01
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: Your MBA Program Is the Sole Determinant of Your Future |
 Human nature dictates that amid a competitive application process—exaggerated by the pervasiveness of rankings and the chatter surrounding them—some MBA students will perceive that they are ahead of others because they were accepted at a top school, while others will perceive that they are behind their peers because they gained acceptance from a lower-ranked school. What is often lost amid all of this worrying is that you, not your business school, are the independent variable. You, not your school, will determine your success. Many regard such prestigious institutions as Harvard Business School or the Stanford Graduate School of Business as a holy grail of sorts. Their reasoning is along the lines of, “All you have to do is get in and you are set for life!” This is undoubtedly wrong. Although tremendous opportunities exist for those who graduate from Harvard or Stanford, no graduate is simply given a free pass. When MBAs find summer or full-time positions at prestigious firms, they are still competing with others from many schools once they enter their workplaces, where (surprise!) their individual performance—not their pedigree—then determines their success. An mbaMission consultant recalls her MBA summer internship at J.P. Morgan, wherein the firm recruited students from 17 top MBA programs. At the end of the summer, students from Wharton, Michigan Ross, UVA Darden, Texas McCombs, and NYU Stern were offered full-time positions, while students from many other schools were left out. This simple anecdote features a very small sampling from one firm and one summer, but it can be an eye-opener for an MBA applicant who assumes that a top ten school is the “ticket.” Further, a myriad of studies suggest that lower-ranked schools offer a greater return on investment than top-ranked schools. In one study sponsored by GMAC (the collective of MBA programs that administers the GMAT), data suggests that lower-ranked schools offer lower costs and higher returns over a ten-year period (185% vs. 118%). We are not suggesting that you start applying exclusively to lower-ranked schools or that you shun Stanford or Harvard—both have excellent programs. Our point is simply that some applicants can too closely identify with their target schools and neglect to recognize that their internal motors have gotten them to a place where they can compete for acceptances. These internal motors will not be shut off during or after business school, but will continue to drive the applicants in the future. The post MBA Admissions Myths Destroyed: Your MBA Program Is the Sole Determinant of Your Future appeared first on mbaMission - MBA Admissions Consulting. |
02 Oct 2016, 07:01
| FROM mbaMission Blog: GMAT Impact: Dealing with Long Underlines in 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. Many of the more “standard” (and lower-level) Sentence Correction (SC) questions have easier-to-identify “splits,” or differences in the answer choices. For instance, answers A and B might use the word “have,” while C, D, and E use the word “has,” indicating a relatively easy-to-spot singular versus plural issue. Sentences with longer underlines, however, are more likely to be testing such global issues as Structure, Meaning, Modifiers, and Parallelism. In these questions, large chunks of the sentence move around, the fundamental sentence structure changes, and so on. In one GMATPrep problem, for example, answer A includes the text “the brain growing in mice when placed” while answer B says “mice whose brains grow when they are placed.” This is not just a simple switch of a single word—something more complicated is happening. Take a look at this article for the full example. To have a chance at answering these correctly, we may need to modify our standard approach to SC. In GMATPrep’s Lake Baikal problem, the entire sentence is underlined, and the answers seem to be changing completely around. Where do we even start? Click the link to try the problem and learn more about how to tackle these types of SCs. Here is another one discussing an organization called Project SETI. When you are done with this, try this third one: FCC rates. Here, only about two-thirds of the sentence is underlined, but the sentence is unusually long. When you are starting to feel more comfortable with those, I have an exercise for you. Pull up some long-underline Official Guide questions that you have previously completed. Cover up the original sentence and look only at the answers (in other words, if the entire sentence is not underlined, then you are going to do this exercise without actually reading the full sentence!). Based on the differences that you see, try to articulate all of the issues that are being tested and eliminate as many answers as you can. (Note: You will not always be able to eliminate all four wrong answers; sometimes the non-underlined portion of the sentence contains some crucial information!) When you are done, look at the full thing and review the explanation to see how close you got and whether you missed anything. The post GMAT Impact: Dealing with Long Underlines in Sentence Correction appeared first on mbaMission - MBA Admissions Consulting. |
02 Oct 2016, 11:00
| FROM mbaMission Blog: In Other News… A New Dean at Stanford, Penn State’s Revamped Online MBA, and New Entrepreneurs-in-Residence at Harvard |
 Johnathan Levin, Dean of the Stanford Graduate School of Business 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
Tuck at Dartmouth
AGSM at UNIVERSITY OF CALIFORNIA RIVERSIDE
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