It is currently 24 Nov 2017, 04:46

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Stacy Blackman Consulting Blog

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
Nervous About Your MBA Interview? Heed This Advice [#permalink]

Show Tags

New post 09 Nov 2017, 09:01
FROM Stacy Blackman Consulting Blog: Nervous About Your MBA Interview? Heed This Advice
Image
‘Tis the season for interviews! This is the most unpredictable portion of the MBA application process, since every interviewer is different. The same interviewer may even react differently depending on his or her mood that day. For the lucky Round One MBA applicants who have been invited to interview by their target business schools, here are several tips for preparing and guidance on what to expect.

The role of the interview varies by program, so if possible, reach out to your network of current or former students at the school for an insider perspective. Most MBA programs will offer the option to interview on campus or with a local alumni volunteer. You should make your decision based on your personal needs, rather than on the basis of how it may look to the admissions committee.

If you have the time and resources to visit the school, you’ll have a great opportunity to meet current students and attend classes. However, if an on-campus interview coincides with a big quarterly meeting at your job, the additional stress would likely make the experience far less beneficial, so it’s probably better to interview with a local volunteer. No matter which option you choose, the admissions committee uses the same metrics to evaluate your performance.

The first step in preparing for your interview is to review your applications. A few weeks have probably passed since you hit the submit button, so you’ll need to return to the MBA applicant mindset by reviewing your overall application strategy. If your interview is “blind”—meaning the interviewer hasn’t seen any of your application materials—this review will help you remember what aspects of your background you want to highlight.

At some MBA programs, such as Harvard Business School, the interviewer will have already reviewed your application and will tailor his or her questions specifically to help the admissions committee learn more about you.

The second step in your interview prep is to review some typical questions. Many candidates post their experiences online in boards, forums, and blog posts. In fact, the Chicago Booth School of Business recently shared interview advice from alumni interviewers on the Booth Insider blog, and here are a few of the tips I found most beneficial:

“The best candidates weave their story in such way that it becomes easy for the interviewer to visualize how they will fit into the Booth class and use the business school experience, in all its many facets, to pursue their aspirations.” – Chris Della Porta, ‘16

“I always tell candidates to practice their story and to think deeply about why they want to go to business school, and why Booth in particular. Being able to explain that concisely is a critical piece of the interview.” – Ankur Raniwala, ‘14

“Don’t try to mold yourself into what Booth thinks you should be. You’re going to be a more compelling candidate if you speak with confidence about the things you know best.” – Tatiana Hodapp, ‘14

Once you have a list of likely questions in hand, you can use those questions to practice. Being concise, focused, and enthusiastic is your goal, and knowing what talking points you want and need to share will help. Write out short bullet points to outline what you would say in response to your practice questions.

When I was at the Kellogg School of Management at Northwestern University meeting on-campus recruiters for a summer internship, I learned about an interview technique called the STAR method. I consider it one of the most useful frameworks for effectively answering interview questions.

For those unfamiliar with this technique, STAR stands for situation, task, action, and result. The STAR technique can be applied when asked “situational” questions, such as: “Tell me about a time you failed;” “Tell me about a time you came up with an innovative solution;” “Tell me about a time you managed a difficult project;” and “Tell me about a time you led a team.”

The power of the STAR method is that it allows you to formulate a very complete answer, but it keeps your answer organized and prevents you from rambling on and on—a common occurrence in interviews.

Here’s one example of how you can organize your notes:

Situation: “Product A was losing market share to a new competitor.”

Task: “I needed to create a plan to regain our lost share.”

Action: “I led a team to implement tactics A, B, and C.”

Result: “We regained lost share, plus 10 percent.”

And then you stop.

Often, the interviewer will probe further, asking for very specific details related to your story. You need to be prepared to elaborate, but just start with the basic elements of your story. STAR will help you get there.

Once you know what you need to say, the only thing left to do is to practice. Enlist the help of family and friends, and ask them to provide constructive feedback. After you have undergone several mock interviews, you will feel more relaxed and be able to focus on connecting with your interviewer and demonstrating your enthusiasm for the school.

If time permits, think of a few interesting questions to ask the interviewer at the end of the conversation. Alumni interviewers will enjoy reminiscing about their experiences, and will especially like any questions about clubs or activities they were part of. Current students can provide a great perspective on what they wish they had known, or the most interesting aspect of their MBA experience.

Now that you have done your interview homework, the final step is simply to relax and enjoy the process.

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
Course Spotlight: Living Business Leadership Experience at Michigan Ro [#permalink]

Show Tags

New post 10 Nov 2017, 08:00
FROM Stacy Blackman Consulting Blog: Course Spotlight: Living Business Leadership Experience at Michigan Ross
Image
Giving students the opportunity to lead real businesses as part of the Ross experience has been a vision of Scott DeRue, the Edward J. Frey Dean of the Stephen M. Ross School of Business, since before he assumed his current role in 2016.

This fall, that vision became a reality as MBA students and BBA students are running actual businesses, starting businesses, and vetting business ideas for three major companies.

The idea was piloted with Shinola as a Multidisciplinary Action Project (MAP) in spring 2017. But to kick off an actual class, now called the Living Business Leadership Experience Course, Ross has added Ford Smart Mobility and The NRP Group to the companies partnering with students and the William Davidson Institute at University of Michigan. And there are more companies coming to the course in the winter-spring session.

“Learning by doing prepares students for the challenges of their careers by developing their abilities to think independently, function with limited data, manage ambiguity, collaborate effectively, and continually grow from their experiences,” says DeRue. “Developing these abilities is the principal objective of experiential learning and it forms the core of our academic philosophy at Michigan Ross.”

Shinola
The MAP experience with Shinola began as a study of whether the Detroit-based luxury brand could and should enter the men’s grooming category. Students examined every aspect of the business, including finance, marketing, and supply chain. Students also had to navigate the relationship between Shinola and a consumer-products giant with which the small company was partnering for the initiative.

The MAP experience immersed the first-year Ross MBA students in Shinola for seven weeks. And they have been reporting directly to Shinola CEO Tom Lewand, MBA ‘96, who is also on Michigan Ross’ Board of Advisers to the dean.

“This idea is not only a natural progression of the Ross approach and vision for learning business by doing business, but it is an amazing opportunity for Shinola to tap into incredibly smart minds to get a whole new line of business off the ground in a timely way,” says Lewand. “It would be difficult any other way given how busy we are and how stretched we are as we grow.”

“The Shinola brand can give a product a real boost…a cool factor that separates it from anything else in the category,” says team member Katherine Moriarty, MBA ’18. “A lot of our work was customer interviews and studying what people valued so we could best tailor the product insights into whether and how the Shinola brand would justify premium pricing in this category.”

In the end, though, Shinola and the students decided to back-burner the men’s grooming line it was exploring. For the fall ‘17 course, students have turned their attention to high-end audio. Shinola has been piloting the sale of a turntable and speakers at its stores, but wants to scale the audio business into a third tent-pole business line to complement its watches and leather goods.

Students are managing all aspects of this expansion, which includes the scaling of Detroit-based manufacturing, pricing, and marketing, and especially figuring out how the Shinola brand can best be merchandised to audiophiles who will be key to the product line’s credibility in the marketplace.

Ford Smart Mobility
Ross students are working with Ford Motor Co. on its Smart Mobility business, developing a global business plan for the unit that has autonomous driving at its core.

At the center of this work with Ford is the Transportation Operating System (TOS) that is a central part of the automaker’s plan to make the eventual launch of autonomous vehicles profitable.

Part of the challenge and opportunity for students with this business unit is that it requires that Ford work extensively with different cities and municipalities that have a huge stake in how autonomous driving is rolled out. The infrastructure to support all the technical capabilities of the TOS varies from city to city, state to state, and country to country.

The partnership with Ross not only encompasses students generating ideas for expanding the autonomous car business model, but eventually perhaps serving as a consultancy to city and state governments on their infrastructure investments needed to keep up with the transportation technology being developed by Ford and other automakers.

Elyse Hovanesian, BBA’18, is getting to do more hands-on work than she imagined. “Working for a real business has brought up the challenges and rewards I am used to only reading about in cases. While the work is more demanding and complex, I enjoy being part of the results and having an experience to prepare me for my career.”

NRP Group
The NRP Group, the Cleveland-based real-estate development company, has turned to Ross students to develop a scalable business model for its urban affordable housing projects.

The company has developed and constructed well over 27,000 residential units in 13 states, and manages more than 100 properties – encompassing 16,000 luxury, family, and senior rental units – in eight states. The company is a national leader in building both affordable and luxury apartment communities.

But NRP co-founder and principal David Heller says the new norm for building affordable urban housing is that companies like NRP must also provide social and support services to residents of their developments.

“This support can take many forms, including everything from mentoring services for at-risk teens to elder care. While we have achieved success stories to date, we are turning to Ross students to help us manage the efforts going forward and develop expertise such that we can offer consulting services to other companies that see the benefit of providing superior supportive services to residents,” says Heller.

Winter 2018
For the winter semester, the LBLE course will be adding three additional companies, which will be partners and offer students a unique hands-on opportunity to guide real businesses through the obstacle course that any company faces in their start-up period:

  • OOKLA

    The company is behind Speedtest, and is the global leader in internet testing and analysis. Speedtest has been used over ten billion times worldwide, and is the most accurate way to measure internet performance.
  • DAILY FUEL

    This digital media and news site/service, which brings subscribers daily content from thought leaders, business leaders, and others, is in ramp up, and students will be working to build out the business model.
  • A third company is being finalized for the course.
Faculty Mentoring
“The LBLE vision is to put students into an ambiguous, unstructured environment in which they must choose which tool, framework, or perspective to apply, and when. This is a capstone-style experience that is designed to distill and integrate the core and elective material they learn at Ross,” observes Bill Lovejoy, associate dean for specialty master’s programs, who oversees the Shinola team.

Current LBLE participants will help choose the next class of students. For more information about the Living Business Leadership Experience, visit the program site.

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Intern
Intern
avatar
Joined: 20 Sep 2017
Posts: 7

Kudos [?]: 0 [0], given: 0

Re: Stacy Blackman Consulting Blog [#permalink]

Show Tags

New post 13 Nov 2017, 04:43
MBA entrance advisory boards need to get a feeling of your identity on a more individual level. MBA admissions coach enlightens affirmations authorities regarding you through what you say, as well as by the way you say it. Is it true that you are mindful, for instance, and would you be able to ponder past difficulties or mix-ups attentively? Do you exhibit understanding into your identity and your objectives? How you answer inquiries concerning yourself, your profession, and your voyage can help MBA affirmations authorities recognize your level of basic considering and individual understanding.

Kudos [?]: 0 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
Tips for a Successful MBA Group Interview [#permalink]

Show Tags

New post 13 Nov 2017, 08:01
FROM Stacy Blackman Consulting Blog: Tips for a Successful MBA Group Interview
Have you been invited to a group interview — or hope you will be? Some of the world’s top MBA programs use a team-based interview format, and we won’t be surprised if this trend grows in the future. Business schools want students who will play nice with others, and so watching how someone interacts with peers before anyone’s even admitted can be very telling.

Here’s what you don’t want to do during a group interview:

  • Dominate the conversation
  • Cut others off or dismiss someone’s idea entirely
  • Raise your voice
  • Roll your eyes, cross your arms, or display any other kind of negative body language
  • Take out your phone or any other electronic device
Those may seem like obvious tips, but in the heat of the moment you’d be surprised how easy it is to forget you’re being judged. (Once again, this is exactly why some schools like this approach!)

Here’s what you should try to accomplish:

  • Demonstrate you’ve done your research (if given a topic in advance)
  • Listen — truly listen — to the others in your group when they speak
  • Seize any opportunities to either build upon or refer to someone else’s point
  • Put the group’s goal ahead of trying to get airtime
  • Offer to summarize if the conversation has reached a point where the group would benefit from a quick recap
As many MBA applicants are born leaders who are used to taking charge, you’ll need to be conscious of the fact that you might be surrounded by lots of Type A personalities and adjust your style accordingly.

However, if you tend to be on the shy side, don’t let others intimidate you. If no one’s given you the chance to get a word in, you’re going to have to find an appropriate way to join the conversation before it’s too late.

Remember:

Image

 

 

 

 

 

 

Until next time,

The team at Stacy Blackman Consulting

****

If you have been invited to interview with a school that is using the group interview format, you will absolutely want to take advantage of Stacy Blackman’s live group practice session. This format can be fun, but also challenging and stress inducing! Success comes from practice and becoming comfortable with the format.

We’ll have dedicated groups of 3-6 people for Wharton and Ross, with experienced moderators and admissions experience. You’ll receive preparation tips and a one-hour mock experience, followed by written feedback with actionable advice. For more on this service, click here.

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
The Bigger Picture: Test and Learn [#permalink]

Show Tags

New post 14 Nov 2017, 06:00
FROM Stacy Blackman Consulting Blog: The Bigger Picture: Test and Learn
When I was launching my career post-business school, I had a mentor who was constantly pushing me to “test and learn”. He was not a fan of 200-page business plans, extended market research, surveys, focus groups and other actions that would postpone implementation. He argued that the best research is just to do it. Be scrappy, throw the idea out there and watch what happens.

We all have ideas, and varying amounts of creativity, but without action, it doesn’t amount to anything. Innovation, on the other hand, requires action. Innovation is basically the ability to fail quickly, learn from mistakes and reinvent.

Image

When I started Stacy Blackman Consulting in 2001, MBA admissions consulting didn’t really exist. There were several people who informed me that they had been inspired by that exact same idea. This made sense; It wasn’t an outlandish concept and we could clearly see the need. The issue is that most people had the idea but did not try it. They did not test. They did not fail. They did not learn. True innovation requires action and failure, and the failure part may not be a lot of fun.

My husband has a plaque on his desk that asks, ‘What would you attempt to do if you knew you could not fail?” Sometimes I contemplate that. What would I do? If I were 100% certain it would succeed…what crazy thing would I try? And since I know that failure is always part of the equation, what am I really afraid of? Why don’t I just try? Often an attempt does not go down the intended path. But it takes you somewhere, and that is part of the adventure.

Jeff Bezos is known for saying, “If you double the number of experiments you do per year you’re going to double your inventiveness.” Maybe it’s not that hard to be more innovative. Just try more things. Test. Learn. Test again. Progress. Wisdom. Success.

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
New Ross School Club Helps International Students Adapt to US Recruiti [#permalink]

Show Tags

New post 15 Nov 2017, 08:01
FROM Stacy Blackman Consulting Blog: New Ross School Club Helps International Students Adapt to US Recruiting Style
Image
Nearly a third of students in some of the top MBA programs are international, which offers great professional and cultural diversity and enriches the classroom experience. But sometimes, international students face unique challenges during recruiting, when it comes time to start networking with potential employers.

Culture Shock, a new student group recently launched by second-year MBA students at the Michigan Ross School of Business, uses role play, one-on-one chats, and detailed tips to help boost the comfort level of international students during this stressful experience.

Taylor Johnson launched the group in partnership with fellow second-year MBA students Abhi Das and Parker Caldwell and said the idea for the group sprung from a year of chatting with her international student friends.

“One of the most enriching parts of coming to Ross has been meeting so many people from all over the world,” Johnson explained. “And as I became friends with international students and we were going through recruiting, we were all dealing with a lot of the same challenges.

“The challenges of recruiting are often amplified for those coming from other cultures, especially for non-native speakers. If it was hard for me, it was even harder for international students,” Johnson added.

The majority of international students at U.S. MBA programs come from Asia, where the cultural differences related to networking are stark. However, even European or Latin American students often find it awkward to send introductory emails or chat up strangers at networking events,  even though both practices are commonplace in the job-search process in this country.

“My friends from Latin America will say that things are very informal there and it’s all about conversation and connections,”  said Johnson. “It’s much more to the point in the U.S.”

Business school career centers do worry that these cultural differences can put international students at a disadvantage during their internship and job searches. But, through forums discussing communication differences, coaching workshops designed to help students develop elevator pitches for potential employers, and mock-interviews to troubleshoot areas of weakness, many of today’s MBA programs are making the networking customs of the U.S. much less daunting for international students.

Cultural acclimation can challenge even the most well-traveled individuals, but international MBA students have much to offer their American peers, and learning how to network “American-style” will put them on equal footing with their classmates when competing for those prime employment opportunities.

However, as Johnson points out, “This isn’t just ‘here’s how to recruit in America.’ This is about valuing each other’s culture and helping our international peers bring forth the richness of diversity in the recruiting process. We’re at an interesting time in our country and diversity is really important. The more that we can support that, the better off we’ll all be as people and the better off our community will be as a whole.”

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
MBA Round 2 Applicants: Use This Year-End To-Do List [#permalink]

Show Tags

New post 16 Nov 2017, 08:01
FROM Stacy Blackman Consulting Blog: MBA Round 2 Applicants: Use This Year-End To-Do List
Image

This post originally appeared on Stacy’s ‘Strictly Business’ MBA blog on U.S. News
The next two months will be “go time” for Round 2 MBA applicants, with numerous deadlines hitting just after the New Year. B-school hopefuls will need to manage their time wisely in order to complete several application components amid the distraction of the upcoming holidays.

Round two is typically the most competitive round, so if you need an assist to organize your time and efforts in these coming weeks, review this end-of-year To Do List for MBA applicants to stay on track and avoid becoming overwhelmed. If you plan ahead and stick to a schedule, you’ll still be able to join your friends and family for all of the celebrations without a shred of guilt for shirking your MBA application duties.

Brainstorming/drafting MBA essays: Since this portion of the application requires the most heavy lifting, allow six weeks—starting now—to draft, redraft, and produce the final edit of your MBA essays. This is the place to show off your individuality, leadership potential, and exactly why you’re b-school material. Applicants from overrepresented industries such as finance, information technology, engineering, or consulting should use the essays to focus on the aspects of your personal life that make you unique: hobbies, community service activities, passions and interests that make you stand out.

Many candidates find it helpful to kick off the essay writing process with rough drafts that go 50% or more above the required word count. While that seems like more work, it ultimately creates a better final product since the revision process helps you distill the best topics or anecdotes to support your overall application.

If you’re targeting a top ten business school and need extra insight about what the admissions committee is looking for, consider using one of SBC’s strategy guides, which analyze the qualities that each school seeks, and help applicants understand which stories to emphasize throughout their materials.

Retake the GMAT: Unless you already scored well enough to exceed your target b-school’s posted average, you might consider retaking the test to improve your score and boost your overall application quality. Though this element is highly individual, you should spend about three weeks of daily study sessions and then retake the exam. However, do not retake the test if you haven’t done any additional preparation.

Applicants often take the test two or more times before seeking a tutor or doing additional practice, hoping to somehow get lucky on the retake. Painful as it is to hear, the only way to substantially raise your score is to master the skills and test-taking strategies they require. A well-planned retake can give you the boost you need to improve your application and clear the path to the business school of your dreams.

Visit the campus: While not feasible for every applicant, if time permits, schedule your campus visit as early as possible. Most business schools opened their class visit programs in October, and admissions committees usually appreciate it when prospective students take the time to experience the learning environment in person. Ultimately, your visit can go a long way toward fueling your final decision of where to apply, and also supply content for your MBA essays that demonstrates your fit with the program.

Create an MBA Resume:  It surprises many MBA candidates when they learn that the current version of their resume is not the best format for business school applications. The person reviewing your MBA application just isn’t looking for the same specifics as a person hiring you for an engineering position or a job in consulting. You’re going to want to spend about one week as a breather between essay writing sessions to do a complete resume overhaul that highlights the aspects that are important to the program.

Rework your MBA resume so that it functions more as a narrative about your career and outside interests, rather than a dry list of responsibilities and achievements. From this document, the admissions committee should clearly understand what sort of work stories you’d be talking about in class, or what sorts of “lessons learned” you’ll be able to speak to from either your professional or community-service experiences.

Prepare for Interviews:  Interview season is already underway for round one applicants, and the following advice holds true no matter where you are in the admissions process: once your MBA interview is scheduled, you should spend 30 minutes a day prepping for the exchange.

You can never over-prepare for this all-important event in your journey to b-school; the conversation should move as smoothly as a Viennese waltz —which means no one’s toes get crushed. Pay attention to non-verbal cues, and don’t plow ahead with too much information during the interview, or become mum when a longer response to a question is in order.  The interaction during your interview speaks volumes to what type of teammate you’ll be if accepted into the MBA program; make sure you’re sending the right signals.

I hope this rough timeline will keep you on track and sane during these final weeks before we say so long to 2017 and hello to round two. Stay focused and engaged with the process, but make sure to allow some time for fun and celebration, too.

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
Bloomberg Businessweek Announces 2017 MBA Rankings [#permalink]

Show Tags

New post 17 Nov 2017, 14:01
FROM Stacy Blackman Consulting Blog: Bloomberg Businessweek Announces 2017 MBA Rankings
Image
Bloomberg Businessweek has announced its list of 2017’s best business schools in the United States, and Harvard Business School took first place for the third straight year. The 2017  list is characterized by near constant movement, with only two schools in the top 20 holding on to their same position as last year, and the rest of the list shifting up and down in surprising ways.

Businessweek’s Top Ten Business Schools
  • Harvard Business School (no change)
  • Wharton School (6th in 2016)
  • MIT Sloan School of Management (7th in 2016)
  • Chicago Booth School of Business (no change)
  • Stanford Graduate School of Business (2nd in 2016)
  • Duke’s Fuqua School of Business (3rd in 2016)
  • Dartmouth’s Tuck School of Business (5th in 2016)
  • Kellogg School of Management (9th in 2016)
  • Columbia Business School (11th in 2016)
  • Rice Jones Graduate School of Business (8th in 2016)
Notably, two highly regarded MBA programs lost ground this year, with the UC Berkeley Haas School of Business slipping out of the Top Ten and placing 11th in the new ranking, and UVa Darden School of Business dipping from 12th last year to 17th in 2017.

The Bloomberg ranking methodology includes an employer survey (35% of score), alumni survey (30%), student survey (15%), job placement rate (10%), and starting salary (10%). MBA hopefuls should keep in mind that, because the full-time rankings comprise five elements, it’s possible to rank highly without knocking every category out of the ballpark. For example, Chicago Booth maintained its 4th place standing overall while ranking 35th in the alumni survey rank.

Click on over to Bloomberg Businessweek to see the details for all of the 85 schools ranked in this list. And remember, here at SBC we don’t like to encourage clients to focus too heavily on rankings when they’re making their MBA program selections. However, we also know those headed for b-school really can’t help themselves, so be sure to consider multiple factors when making your final school selection.

Image credit: Michael A. Herzog (CC BY-ND 2.0)

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
What Really Happens During an MBA Admissions Committee File Review [#permalink]

Show Tags

New post 20 Nov 2017, 09:01
FROM Stacy Blackman Consulting Blog: What Really Happens During an MBA Admissions Committee File Review
Image

You may agonize over your application for months, but an adcomm may spend less than 15 minutes reviewing your file. What happens during that critical quarter-hour can literally change your life. This is the first in a series of five blog posts that will help answer frequently asked questions, including:

What is an MBA Admissions Committee looking for?   

How exactly do they review my application?

At SBC, we have ex-admissions committee members from every top school on our team. Here, we share our collective expertise and give you a peek into what really happens during an Adcomm review.

To illustrate our points, we’ll use two fictional MBA applicants to a Top 5 MBA program: Jackie and Bill. In this post we will focus on our fictional applicants’ “stats.”

Jackie’s Stats:
Yale BA Economics and Environmental Studies

Overall GPA: 3.7

GPA by year: Year 1 – 4.0, Year 2 – 3.8, Year 3 – 3.6, Year 4 – 3.4

Quant grades: Calc B-, Stats B, Econ B-

GMAT (took once): 690 Verbal 39/88%, Quant 45/66%, AWA 5, IR 5

GPA Assessment:

  • Excellent overall GPA, but trends down a bit throughout her tenure
  • Quant grades are not strong
  • Elite undergrad institution
  • Lots of Yalies apply
  • Interesting mix of majors
  • She challenged herself with double major and rigorous quant classes
GMAT Assessment:

Only took the GMAT once, even with the knowledge it was below the school’s average. Why didn’t she take it again?

Bill’s Stats:
University of Memphis, BS Computer Science (on scholarship)

Overall GPA: 3.35

GPA by year:  Year 1 – 2.8, Year 2 – 3.2, Year 3 – 3.6, Year 4 – 3.8

Quant grades: Calc 1 B, Calc 2 A, Stats A, Accounting A

GMAT: 750 Verbal 42/96%, Quant 50/87%, AWA 6, IR 8

GPA Assessment:

  • Below-average GPA, but trends up nicely
  • Underrepresented undergrad institution
  • Challenging major
  • On scholarship
GMAT Assessment:

He aced it!

Breaking it Down:  GPA & Undergrad along with the GMAT
The adcomm looks at several components of your GPA: your overall GPA, your year-by-year breakdown, the overall trend, and the rigor of your course load.  For example, a 3.7 in a sports management major is not necessarily stronger than a 3.3 in economics or engineering. And the fact that Jackie had low B’s in all her quant classes may hurt her.

Bill’s lower grades are offset by solid A’s in most of his quant classes, which is a huge plus for him. Also, Bill shows significant improvement. Although he clearly struggled early on, he eventually figured out how to juggle even more rigorous courses with other commitments.

Prestige of the undergrad school is also considered, but it’s weighed against how many applicants come from a particular school. In this case, while Jackie went to a terrific undergrad program, if there are a lot of applicants from Yale, a candidate from U of Memphis on a scholarship might be more appealing.

And then there’s the GMAT or GRE, very important adcomm assessment tools. While Jackie’s is just below the average for a top 5 program, she only took it once. This calls into question why? Even attempting the GMAT or trying the GRE just one more time would have demonstrated to the adcomm that she had the self-awareness that her score was below average and would have given her points.

Jackie’s quant score also is below the 75-80% threshold, which at some top programs might be an issue without other quant strength indicated throughout the rest of her application. For Bill, combined with his high quant grades, he achieved a very strong quant percentage on the GMAT, which helps to mitigate any issues with his lower GPA in his earlier undergrad years.

In all, your GPA and GMAT/GRE are important indicators of your ability to succeed in the classroom. With a lower GPA and/or lower quant grades in undergrad, it would be worth taking another quant class or two now to help better demonstrate your intellect.

With the GMAT, it’s important that the overall score be within the range of your target program AND that the individual components (especially quant) are each strong, with quant hitting your school’s desired — but often not publicly stated — threshold.

Up Next Week – Career Path, Resume, and Career Goals

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
Spotlight On: New Center for Gender, Equity & Leadership at Berkeley H [#permalink]

Show Tags

New post 21 Nov 2017, 12:01
FROM Stacy Blackman Consulting Blog: Spotlight On: New Center for Gender, Equity & Leadership at Berkeley Haas
Image

Business schools play a critical role in helping workers, companies, and leaders adapt to meet the needs of the 21st-century workforce.  Earlier this month, the UC Berkeley Haas School of Business launched its new Center for Gender, Equity & Leadership (CGEL), which will address numerous issues related to diversity in business.

“The economic case for supporting workplace diversity and women in business has never been stronger,” says Kellie McElhaney (pictured), an associate adjunct professor at Haas, who will serve as founding director of the new center.

For years, McElhaney has argued that businesses risk their bottom line when they fail to diversify their leadership, or don’t treat men and women equally. “Women, underrepresented minorities, and the LGBTQ community face systemic structural, cultural, and individual barriers to opportunities and advancement. We will work to identify and tackle these problems and develop an evidence-based playbook.”

The CGEL’s stated goals include:

  • bringing leaders from diverse political and corporate backgrounds together to discuss advancing gender and diversity in policy and business;
  • engaging male and female allies and uniting people at the intersection of all ethnicities, races, and classes around a shared goal of gender and diversity equity;
  • and developing leaders who understand that gender is a spectrum, not a binary construct.
McElhaney notes that she came up with the idea for the center four years ago, and raised $1.6 million in donations, including a founding corporate gift from the Gap Foundation, with the encouragement of Dean Rich Lyons. “I started doing research on what other schools were doing, and what we could do to truly move the needle and be disruptive,” she said. “While other schools are focusing more on diversity or counting the heads, we are focused comprehensively on inclusion in our classrooms—through our cases, our choice of course speakers, our faculty teaching methodology, and our student culture.”

Jamie Breen, assistant dean of the MBA program for working professionals at Haas and a CGEL founding advisory council member, says she’d like to know why the drop-off rate for women on the path to upper leadership tracks increases significantly at the VP to SVP level.

“We used to think that getting women into very senior leadership positions was a pipeline issue—if we got women into the pipeline, it would take care of itself,” she says. “We now know that is not the case. We have systemic issues, and we need to understand the unwritten rules and practices that drive these outcomes and, more importantly, how to make them explicit and change them.”

To learn more about the key initiatives and faculty research at this new Center, please visit the Berkeley Haas newsroom.

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
How Reading Can Help You Get Into B-School [#permalink]

Show Tags

New post 22 Nov 2017, 08:01
FROM Stacy Blackman Consulting Blog: How Reading Can Help You Get Into B-School
Image
Setting aside time to read over the next few months is one of the smartest things you can do to enhance your candidacy for top-flight MBA programs. The broader your knowledge base, the more interesting you become to others, including the admissions committee.

The reality is that many candidates have not read a book for personal enjoyment or education for years, and they often don’t consider MBA application season a good time to start. But when you consider the advantages of diving into some good books over the next several months, getting into a habit of reading is a no-brainer.

The No. 1 reason to read more is to strengthen your GMAT reading comprehension skills and to improve your essay writing. There’s no better way to improve your vocabulary and mastery of grammar, and reading can be a welcome change of pace from GMAT prep books. If you read a variety of materials from different genres, you may also get some creative ideas when it comes to inventive sentence structures and storytelling methods, which can inspire your b-school essays.

Another big advantage of reading is that it offers you something to talk about with business school interviewers. Many of these conversations touch on current events, history, and politics. If you can demonstrate that you’ve kept aware of the world outside of your cubicle, you’re a step ahead of the game.

Make sure you’re regularly reading at least one of the general business magazines such as Forbes, Bloomberg Businessweek, Fortune, or The Economist. With the holidays upon us, now is a great time to let friends and family know that you’d like a subscription to one of those periodicals as a gift this year.

However, it’s also crucial to further develop your own interests and passions, not just to demonstrate that you are a member of the Warren Buffett Book of the Month Club. If you are interested in art, read about that. If you are intrigued by the history of baseball, immerse yourself in that area. If medical science advances fascinate you, find some gems in this arena.

Of course, it never hurts to develop some form of business perspective on the subjects you feel passionately about. For instance, if you love reading about medicine, mix in some books about the economics of the healthcare system in the United States, or the behavior of the global pharmaceutical industry. Should you wish to transition to a new sort of career after business school, displaying this kind of commitment can be particularly important.

If you have been an IT consultant for the last five years but want to become an entrepreneur and launch a new restaurant concept, show a commitment to the area that goes beyond what the admissions committee will expect. Reading about consumer trends, restaurant and retail entrepreneurs, or the organic food movement helps demonstrate that you follow your interests rather than just talking about them.

You may counter that you just don’t have the time to read. Nonsense! Start by creating a plan that will make the task mentally manageable.

For example, a modest but meaningful goal might be to read three books over the next six months. That means reading one 300-page book every two months, or 150 pages per month. That’s just five pages a day. Anyone can do five pages a day—especially when the end result is becoming a more interesting, more compelling MBA candidate and person.

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Expert Post
Stacy Blackman Representative
User avatar
Joined: 03 Nov 2010
Posts: 1956

Kudos [?]: 127 [0], given: 0

Location: Los Angeles, CA
Happy Thanksgiving! [#permalink]

Show Tags

New post 23 Nov 2017, 07:00
FROM Stacy Blackman Consulting Blog: Happy Thanksgiving!
Image

On behalf of the entire team here at Stacy Blackman Consulting, today we’d like to wish our U.S.-based followers and clients a lovely Thanksgiving and a joyous holiday season.

In this time of gratitude, we give enormous thanks for our 16 amazing years in the MBA admissions consulting business, and for you, our loyal blog readers. We appreciate your confidence in our work and are grateful that you’ve chosen us as a trusted resource to help you achieve your MBA goals.

Warmest wishes,

Image

Image
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Interested in a free 30 minute consultation with the Stacy Blackman Team? Sign up here: http://stacyblackman.com/contact

Stacy Blackman | Stacy Blackman Consulting Inc | http://www.StacyBlackman.com | +1 323.934.3936
MBA blogger, US News and Author, The MBA Application Roadmap

Kudos [?]: 127 [0], given: 0

Happy Thanksgiving!   [#permalink] 23 Nov 2017, 07:00

Go to page   Previous    1  ...  49   50   51   52   53   54   55   56   57   58   59   60   [ 1192 posts ] 

Display posts from previous: Sort by

Stacy Blackman Consulting Blog

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.