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Re: Expert advice for Stern from Admissions Consultant blogs [#permalink]
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NYU Stern Announces New 1-Year MBA in High Tech
The Traditional 2-year Tech MBA is About to be Disrupted

New York University’s Stern School of Business just announced its new 1-year MBA program in tech for IT professionals and others looking to further pursue and build upon their career in the high tech industry.

It’s a new category for a top business school that is already at the forefront of New York’s Wall Street and “Silicon Alley” community, as the one-year MBA allows those who are already immersed in the field to really narrow their professional focus, put their nose to the grindstone, and come out with an MBA in half the time (and the investment!) from a top business school like NYU Stern.

The Tech MBA is specifically designed for applicants who already have a solid technological background and want to take that next step. It will prepare graduates, post-degree, to secure jobs in the corporate world in high tech finance and entrepreneurship across numerous platforms and industries.

MBA applications are available now for 2018 admissions at: NYU Stern’s Tech MBA site, and check out my other MBA articles at: www.MBAIvyLeague.com/blog
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Re: Expert advice for Stern from Admissions Consultant blogs [#permalink]
MBAIvy wrote:
NYU Stern Announces New 1-Year MBA in High Tech
The Traditional 2-year Tech MBA is About to be Disrupted

New York University’s Stern School of Business just announced its new 1-year MBA program in tech for IT professionals and others looking to further pursue and build upon their career in the high tech industry.

It’s a new category for a top business school that is already at the forefront of New York’s Wall Street and “Silicon Alley” community, as the one-year MBA allows those who are already immersed in the field to really narrow their professional focus, put their nose to the grindstone, and come out with an MBA in half the time (and the investment!) from a top business school like NYU Stern.

The Tech MBA is specifically designed for applicants who already have a solid technological background and want to take that next step. It will prepare graduates, post-degree, to secure jobs in the corporate world in high tech finance and entrepreneurship across numerous platforms and industries.

MBA applications are available now for 2018 admissions at: NYU Stern’s Tech MBA site, and check out my other MBA articles at: https://www.MBAIvyLeague.com/blog


do you know what GMAT range would be? I have a 680, not sure if its worth applying.
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Re: Expert advice for Stern from Admissions Consultant blogs [#permalink]

The NYU Stern School of Business has announced that Rangarajan “Raghu” Sundaram will become dean of the school as of January 1, 2018. Professor Sundaram joined Stern’s faculty a little more than two decades ago and has been Vice Dean of MBA Programs since 2016. He succeeds Peter Henry, who held the deanship since January 2010.

Sundaram was selected by Dean Henry to join Stern’s leadership team as Vice Dean for MBA Programs, overseeing the school’s full-time MBA program; the Langone part-time MBA program; multiple dual degrees, including seven offered in partnership with the University; the Executive MBA program; the MS in Accounting program; and Advanced Professional Certificate programs.

Among his accomplishments as Vice Dean were the establishment of the Creative Destruction Lab; the launch of new, specialized one-year MBA programs; his outreach to industry, securing the support of key business leaders to join the School’s newly created Tech MBA Advisory Board; the extension of the New York City-based Executive MBA program to downtown Washington, D.C., where it is now the highest ranked EMBA in that market; and Stern’s entry into online education, including launching the first in a series of online certificate programs, among others.

Professor Sundaram’s scholarly interests include agency problems, executive compensation, corporate finance, derivatives pricing, credit risk, and credit derivatives. He has received research grants from the National Science Foundation and other organizations.  He has won the Jensen Prize, was a finalist for the Brattle Prize, and received the Stern School’s inaugural Distinguished Teaching Award.

Sundaram received his BA in economics from the University of Madras in 1982, and received his MBA from Indian Institute of Management, Ahemedabad in 1984.  He received his MA in economics from Cornell University in 1987, and his PhD in economics from Cornell in 1988.

When announcing the appointment, NYU President Andrew Hamilton said, “Stern’s reputation is such that it had an outstanding group of candidates for the dean’s post.  But in the end, the Search Committee found the best candidate here in our own midst.  And rightly so.  Raghu Sundaram has a strong, highly regarded record of leadership and innovation, scholarship and teaching, and collegiality and service to both Stern and the University.  In a field of distinguished candidates for Stern’s deanship, Raghu stood out.”
***

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 Stern from Admissions Consultant blogs [#permalink]

New York University’s Stern School of Business has announced the establishment of The Fubon Center for Technology, Business and Innovation, made possible through an $8 million endowed gift from alumnus Richard Ming-Hsing Tsai.

The Fubon Center will serve as the school’s hub to support, facilitate and enhance cross-disciplinary collaboration among its existing areas of excellence in technological innovation, including: FinTech, Business Analytics, Technology and Entrepreneurship.

As a new nexus for continuous innovation at Stern, The Fubon Center will serve to strengthen and build industry ties, focusing on cutting-edge research that creates impact for business. It will also help shape future coursework to align with a rapidly evolving business landscape. Additionally, the new center will help foster academic collaborations between Stern and National Taiwan University, Tsai’s undergraduate alma mater.

“Technology demands that companies, regardless of industry, be nimble, adapt and innovate at an unprecedented rate,” says Peter Henry, Dean, NYU Stern School of Business. “Thanks to the generosity and inspiration of our alumnus Richard Tsai, we can help transform these challenges into exciting opportunities, staying as relevant to the new economy as we are to Wall Street.”

Richard Tsai is the Chairman of Fubon Financial Holding Co., Ltd. and Fubon Life Insurance Co., Ltd. Tsai has more than 30 years of experience in financial and insurance businesses, and is also currently the Vice Chairman of Taiwan Mobile Co., Ltd. Tsai holds an MBA degree (1981) from NYU Stern, and a Bachelor of Laws Degree (1979) from National Taiwan University.

The establishment of The Fubon Center for Technology, Business and Innovation is the latest in a series of new initiatives at the intersection of technology and business that Stern has introduced over the past 18 months.

Stern was the first among top business schools to deliver a course on the blockchain in 2014, which led to the creation of an official FinTech specialization in the MBA program in 2016. This past May, the school launched a Tech MBA, a one-year specialized MBA program that integrates business with technology coursework, as well as experiential learning projects with companies through its Stern Solutions programming.
***

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 Stern from Admissions Consultant blogs [#permalink]
New York University’s (NYU’s) Stern School of Business has simplified its application essays this season, dropping last year’s “Program Preferences” prompt, which asked candidates to choose which of the school’s MBA programs they would attend. We imagine this deletion may have been so the admissions committee can focus more fully on the information it is getting from its other, more revealing essay prompts and its intriguing EQ (emotional intelligence) endorsements, which Associate Dean of MBA Admission Isser Gallogly told Poets&Quantshave delivered “some very interesting and useful information about people—things that people don’t necessarily talk about themselves.” At NYU Stern, you have a mix of the old and the new. The admissions committee has kept the somewhat classic personal statement and maintained the somewhat forward-looking “Pick Six,” which is truly an “essay” for the Instagram era. In your application, you should have a broad opportunity to offer the best of your professional and personal self. Our analysis follows…

Essay 1: Professional Aspirations
(500 word maximum, double-spaced, 12-point font)
  • What are your short and long-term career goals?
  • How will the MBA help you achieve them?
With this slightly condensed and rather no-nonsense query about your motivation to earn an MBA and expectations as to where you will go with it after graduation, NYU Stern simply wants to hear your answers. The school does not ask specifically about past experiences or what about its program in particular makes it the best one for you, though brief mentions of either would be acceptable if they are central to your main points. The three core components of this essay prompt are typical elements of a traditional personal statement, so we encourage you to download your free copy of the mbaMission Personal Statement Guide. This complimentary guide explains ways of approaching these topics effectively and offers several sample essays as examples.

And for a thorough exploration of NYU Stern’s academic program, unique offerings, social life, and other key characteristics, check out the mbaMission Insider’s Guide to New York University’s Leonard N. Stern School of Business, which is also available for free.

Essay 2: Personal Expression (a.k.a. “Pick Six”)

Describe yourself to the Admissions Committee and to your future classmates using six images and corresponding captions. Your uploaded PDF should contain all of the following elements:
  • A brief introduction or overview of your “Pick Six” (no more than 3 sentences).
  • Six images that help illustrate who you are.
  • A one-sentence caption for each of the six images that helps explain why they were selected and are significant to you.

Note: Your visuals may include photos, infographics, drawings, or any other images that best describe you. Your document must be uploaded as a single PDF. The essay cannot be sent in physical form or be linked to a website.

We imagine that the initial reaction most candidates have to pretty much any application essay that is not a traditional essay is momentary panic (though, to be fair, that is likely many applicants’ reaction to traditional essays as well), but let us reassure you a bit before we delve more deeply into how best to calmly approach it. One could argue that in many ways, this essay prompt is merely asking you to do something we assume you are already doing every day and have possibly been doing for years—curate an impression of yourself for others by sharing certain images and other media that resonate with you. Is that not what people do via Twitter, Facebook, Snapchat, Instagram and any number of other social media venues by posting photos, memes, infographics, cartoons, and the like, typically along with a related comment? When you think of the task NYU Stern has presented you with this framework in mind, do you feel a little more confident about mastering it? We hope so.

In this case, rather than passing along just anything you think is funny or interesting or documenting your latest adventure or meal, you are communicating directly with a very singular audience, within a certain context, and with a very specific goal in mind. So start by carefully considering what you want the admissions committee to know about you—with the goal of sharing as many different aspects of your life and personality as possible—and what it will already be able to learn through your other essays and the rest of your application (resume, recommendations/EQ endorsement, transcript, etc.). You want the admissions “reader” to take away something new from each image he or she sees.

Your images do not need to be sequential, nor do they need to always include you. Consider photos of meaningful locations and people (or animals, even) in your life as well as inanimate objects, such as a musical instrument, a pair of running shoes, a home-cooked meal, or a blooming flower. As long as the subject of the image is reflective of who you are as an individual—and remember that you will have the accompanying sentence for each image to clarify this connection as needed—then you will be on the right track. Keep in mind also that not all of your images need to be actual photos, either. They can include drawings, paintings, charts, tables, emojis, and so on. And finally, although getting accepted to your target business school and earning an MBA are serious goals and undertakings, this does not mean that all your images for this essay submission need to be serious in nature, especially if your personality is naturally more lighthearted and humorous. Costumes and comical arrangements, if used judiciously, can be valid options if, again, the resulting final image is truly reflective of your character and/or life.

Your one-sentence captions are clearly an opportunity to enhance the meaning of each image you are submitting. In some cases, you might use the caption to provide a direct explanation of who or what is depicted in the image, chart, artistic expression, etc. You could also use the sentences to create a narrative link between multiple images, perhaps as a way of profoundly illustrating a particularly meaningful aspect of your life or personality. Another option would be to use the caption sentence to explain your state of mind in relation to the image or to express an associated viewpoint, value, or philosophy. As you write your short explanations, keep in mind that these statements must adhere to the school’s one-sentence rule, and be sure to not simply reiterate whatever is already obvious in/from the photo but to use the additional content to enhance the admissions reader’s understanding of you.

This prompt from NYU Stern offers a lot of license, but take care not to get carried away with overly elaborate or complicated images. This is not an art contest or a battle of wits but an opportunity to express and portray yourself to the admissions committee. Each time you consider an image to include, come back to the central question of Does this truly capture who I am? If so, then proceed, but if not, stop and reconsider your options. An increasingly complex series of images that lacks the proper heart and meaning will not elicit the response you want from the admissions committee!

Essay 3: Additional Information (optional)
(250 word maximum, double-spaced, 12-point font)

Please provide any additional information that you would like to bring to the attention of the Admissions Committee. This may include current or past gaps in employment, further explanation of your undergraduate record or self-reported academic transcript(s), plans to retake the GMAT, GRE, IELTS or TOEFL, or any other relevant information.

NYU Stern’s optional essay prompt is broader than most in that it does not demand that you discuss only problem areas in your candidacy, though the examples it offers within the prompt seem to imply a preference for these topics. Ultimately, this is your opportunity to address any lingering questions that an admissions officer might have about your profile—if you feel you need to. We caution you against simply trying to fill this space because you fear that not doing so would somehow count against you. And of course, however tempted you might be, this is not the place to reuse a strong essay you wrote for another school or to offer a few anecdotes you were unable to use in your other submissions. But if you are inclined to use this essay to emphasize or explain something that if omitted would render your application incomplete, write a very brief piece on this key aspect of your profile. For more guidance, download our free mbaMission Optional Essays Guide, in which we offer detailed advice on when and how to take advantage of the optional essay, with multiple examples, to help you mitigate any problem areas in your application.

The Next Step—Mastering Your NYU Stern InterviewMany MBA candidates find admissions interviews stressful and intimidating, but mastering this important element of the application process is definitely possible—the key is informed preparation. To help you on your way to this high level of preparation, we offer our free Interview Primers. Download your free copy of the NYU Stern Interview Primer today!
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Re: Expert advice for Stern from Admissions Consultant blogs [#permalink]

The NYU Stern School of Business has posted the following MBA essay prompts for the 2018-19 admissions cycle. This season, the school has expanded the EQ Endorsement requirement introduced last year and will now pose five questions to your endorsers.
Essay 1: Professional Aspirations
(500 word maximum, double-spaced, 12-point font)
  • What are your short and long-term career goals?
  • How will the MBA help you achieve them?
Essay 2: Personal Expression (a.k.a. “Pick Six”)
Describe yourself to the Admissions Committee and to your future classmates using six images and corresponding captions. Your uploaded PDF should contain all of the following elements:
  • A brief introduction or overview of your “Pick Six” (no more than 3 sentences).
  • Six images that help illustrate who you are.
  • A one-sentence caption for each of the six images that helps explain why they were selected and are significant to you.
Note: Your visuals may include photos, infographics, drawings, or any other images that best describe you. Your document must be uploaded as a single PDF. The essay cannot be sent in physical form or be linked to a website.
Essay 3: Additional Information (Optional)
(250 word maximum, double-spaced, 12-point font)

Please provide any additional information that you would like to bring to the attention of the Admissions Committee. This may include current or past gaps in employment, further explanation of your undergraduate record or self-reported academic transcript(s), plans to retake the GMAT, GRE, IELTS or TOEFL, or any other relevant information.
The EQ Endorsement 
NYU Stern calls IQ+EQ a core value of the school, and it seeks exceptional individuals who possess both intellectual and interpersonal strengths. Emotional intelligence (EQ) skills such as self-awareness, empathy, communication and self-management are at the core of our community of leaders.
  • You are required to submit two EQ Endorsements with your application.
  • One EQ Endorsement must come from your current supervisor. If you cannot include an endorsement from your current supervisor, you must provide an explanation in the online application.
  • The second EQ Endorsement may come from someone who knows you professionally and/or personally.
  • The endorsement must be from someone who knows you personally and/or professionally and can act as a persuasive advocate of your EQ strengths.
  • Immediate family members should not write your EQ Endorsement.
EQ Endorsement Questions
Your EQ endorsers will be provided with a definition of IQ + EQ and why it is important at NYU Stern, and will be asked to respond to the following prompts:
  • Please provide a brief description of your interaction with the applicant and, if applicable, the applicant’s role in your organization.
  • How does the applicant’s performance compare to that of other well-qualified individuals in similar roles (if applicable)? Please provide specific examples. (E.g. what are the applicant’s principal strengths?)
  • Describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant’s response.
  • IQ+EQ is a core value of NYU Stern, and we seek exceptional individuals who possess both intellectual and interpersonal strengths. Emotional intelligence (EQ) skills such as self-awareness, empathy, communication and self-management are at the core of our community of leaders. Please provide one specific and compelling example to demonstrate the applicant’s emotional intelligence.
  • (Optional) Is there anything else we should know?

When introduced last year, Associate Dean of MBA Admissions Isser Gallogly had this to say about the new requirement: “We believe these changes will help applicants more effectively communicate to the committee who they are as a person, which programs best suit their goals and how they demonstrate EQ.  Additionally, these changes are much more in keeping with the ‘social media’ style of communication of today’s applicant.”

“Applicants communicate with much more than words these days and visual elements now play a dominant role,” Gallogly said.

For more information on the this year’s NYU Stern MBA application, please visit the 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 Stern from Admissions Consultant blogs [#permalink]

The Stern School of Business at New York University has announced the following MBA application deadlines for the full-time MBA program for the 2018-2019 admissions cycle. Applicants should note that the school has added a fourth round this year, in November.
Round 1
Application due: October 15, 2018
Decision released: January 1, 2019
Round 2
Application due: November 15, 2018
Decision released: February 1, 2019
Round 3
Application due: January 15, 2019
Decision released: April 1, 2019
Round 4
Application due: March 15, 2019
Decision released: June 1, 2019

***

All applications must be submitted by 11:59 p.m. Eastern Time on the day of the deadline to be considered in that round. International applicants are encouraged to apply earlier in the application cycle to facilitate visa arrangements and to have priority consideration for off-site interviews, if desired.



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 Stern from Admissions Consultant blogs [#permalink]

When characterizing the type of applicant it’s looking for, the New York University Stern School of Business says, “We seek students who best exemplify Stern’s core value: IQ+EQ. Our admissions committee takes care to select those who demonstrate strong intellectual ability, superior interpersonal skills, and a desire to create value for business and society.”

The parameters of IQ and EQ that are important in the evaluation are academic ability, professional achievements and aspirations, and personal characteristics. While your academics will be evaluated mainly through your GMAT and GPA, the essays are a crucial part of your application strategy to cover professional achievements and aspirations and your personal characteristics.

This year NYU Stern asks for two EQ Endorsements with your application.

• The endorsement must be from someone who knows you personally and/or professionally and can act as a persuasive advocate of your EQ strengths.
• More details can be found here and on the NYU admissions website.

Stacy Blackman Consulting has helped countless aspiring NYU Stern MBA students to showcase personal and professional stories that cut through the clutter. Contact us to learn more.

ESSAY 1: PROFESSIONAL ASPIRATIONS
(500 word maximum, double-spaced, 12-point font)
• What are your short and long-term career goals?
• How will the MBA help you achieve them?


While many people seek an MBA degree, NYU wants to invest in those who can use it most effectively. Perhaps you’re seeking an MBA for networking or professional credibility, or maybe you want an MBA to learn specific skills to change careers. Whatever your own personal reasons may be, make sure you can point to specific aspects of the MBA education both generally and specifically at Stern that are necessary to achieve your goals.

Your post MBA goal should be both achievable and demonstrate the need for an MBA. An MBA from NYU Stern will open professional doors for you, and you should demonstrate that you are ready to take advantage of those opportunities. Think about a logical sequence that starts with your past work experience, then your MBA education and ends with your immediate post MBA goal. Ideally your goal pulls from both your current work experience and the skills you will gain in the NYU MBA program.

Personal experience of the campus through visits or student touch points will help you understand why a Stern MBA is the next career step for you, but even if you are halfway around the world you can illustrate the many ways in which you learned about the NYU Stern experience.

ESSAY 2: PERSONAL EXPRESSION (A.K.A. “PICK SIX”)
Describe yourself to the Admissions Committee and to your future classmates using six images and corresponding captions. Your uploaded PDF should contain all of the following elements:
• A brief introduction or overview of your “Pick Six” (no more than 3 sentences).
• Six images that help illustrate who you are.
• A one-sentence caption for each of the six images that helps explain why they were selected and are significant to you.


Note: Your visuals may include photos, infographics, drawings, or any other images that best describe you. Your document must be uploaded as a single PDF. The essay cannot be sent in physical form or be linked to a website.

NYU Stern has evolved the creative essay into one that is more specific, but still allows you the freedom to communicate what you choose to the admissions committee. A favorite American idiom says “a picture is worth a thousand words,” and in this essay you have six pictures to use to communicate with your future classmates and the Stern admissions committee. Think about the story you want to tell with the six images – is it a collage of your life or a progression? How do the pictures work together to tell the story?

While the medium is novel, your content is the important part of this essay. The best first step is to brainstorm the information you want to convey. Reflect upon your unique personal qualities and what is valued most by your friends and family. How would you want your classmates to see you? What information would you share with a new friend?

Your six images may be all personal, all professional (not recommended!), demonstrate deeper meaning for you personally, or aspirational and future oriented. Perhaps you want to show a journey you have taken, a person who is important to you, or a vision of your future desires and plans. Think about the narrative of the six images along with what you are communicating about yourself.

Isser Gallogly, associate dean of MBA admissions and innovation, has said that this question evolved to be similar to the kind of post you might share on social media to tell your friends about your life. Images are more and more important in digital communication, and this essay asks you to use images as the primary form (drawings, photos, infographics, or any other images you choose).

The one sentence caption for each image will also be an opportunity to contextualize the narrative. If you show an image of a happy family, what does that say about your past or future? Who are the people to you? If you have an image of a place you can use the words to explain its importance to you.

ESSAY 3: ADDITIONAL INFORMATION (OPTIONAL)
(250 word maximum, double-spaced, 12-point font)
Please provide any additional information that you would like to bring to the attention of the Admissions Committee. This may include current or past gaps in employment, further explanation of your undergraduate record or self-reported academic transcript(s), plans to retake the GMAT, GRE, IELTS or TOEFL, or any other relevant information.


This optional essay allows you to explain anything that is not self explanatory in your application. If your academic record shows any grades of C or below in a quantitative course, or your GMAT or other tests are lower than the NYU mean, you will want to explain why you are academically prepared. Any explanation should include the reasons why you have changed and will perform strongly in your academic courses at NYU.

If you have a gap in work experience this is the place to provide context about what you were doing during the time. You are never compelled to use the optional essay if the information in your application is straightforward. If you do use the essay take the time to explain but not excuse.
***

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 Stern from Admissions Consultant blogs [#permalink]
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