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FROM Stacy Blackman Consulting Blog: USC Marshall Application Deadlines for 2020-2021 |
![]() Are you targeting the USC Marshall School of Business this upcoming admissions season? Then mark your calendars, because the USC Marshall application deadlines for the 2020-2021 cycle are as follows. USC Marshall Application Deadlines Round 1 Application due: October 15, 2020 Decision released by: December 31, 2020 Round 2 Application due: January 5, 2021 Decision released by: March 31, 2021 Round 3 Application due: March 1, 2021 Decision released by: May 15, 2021 Round 4 Application due: April 15, 2021 Decision released by: June 15, 2021 Round 5 Rolling Admissions* *USC Marshall will continue to accept applications after May 1, 2021. Applications received after this date will be considered on a first-come, first-served and space-available basis. For more information on applying, please visit the USC Marshall admissions site. If you need guidance on your MBA applications or wish to discuss your MBA plans, reach out for a complimentary analysis of your candidacy. We’re here to help! The post USC Marshall Application Deadlines for 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: USC Marshall Application Essays for 2020-2021 |
![]() Are you targeting the USC Marshall School of Business this year? The application for the full-time MBA program will go live on September 1st. Meanwhile, the USC Marshall application essays remain unchanged for the 2020-2021 admissions season. Essay #1 (Required) What is your specific, immediate short-term career goal upon completion of your MBA? Please include an intended position, function, and industry in your response. (word limit: 100) Essay #2 (Required) Please draft a letter that begins with “Dear Admissions Committee” (word limit: 600) Essay #3 (Optional) Please provide any additional information you would like the admissions committee to consider. (word limit: 250) *** For more information on applying, please visit the USC Marshall admissions site. If you need guidance on your USC Marshall application essays, or wish to discuss your MBA plans, reach out for a complimentary analysis of your candidacy. We’re here to help! The post USC Marshall Application Essays for 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: Tuesday Tips: USC Marshall Application Essays, Tips for 2020-2021 |
![]() The USC Marshall School of Business reflects the diversity and dynamism of the Los Angeles area. These USC Marshall application essays allow you the space to express how you will fit into the community. According to Assistant Dean and Director Evan Bouffides: “What matters most to us is our learning community and how, through collaboration, we grow and learn together to collectively strengthen the Trojan Family.” Because community is so vital to this USC Marshall application, the admissions office wants to know who you are a person. As he continues, “we do not believe in the concept of the ‘perfect’ or ‘ideal’ candidate. In fact, there are more atypical candidates than typical ones, and everyone has a unique story.” Though the USC Marshall School is a community of its own, the larger USC Trojan Family is an integral part of the school’s identity and offers additional academic opportunities for MBA students. As you prepare your USC Marshall application, make sure to do your research. For example, talk to current and former students to understand the culture in depth. To learn more details about the program, visit the USC Marshall website. Need help with your USC Marshall application strategy? Contact us to learn more about what SBC can do for you. Essay #1 (Required) What is your specific, immediate short-term career goal upon completion of your MBA? Please include an intended position, function, and industry in your response. (word limit: 100) With only 100 words to use here, stay brief, and focused in this USC application essay. Consider your plan when you graduate from USC. And make sure your resume and other application materials support this next step. For example, if you are career switching, highlight any transferable skills in your resume. Another idea is to ask your recommenders to comment on your future plans. Further, as you craft all of these strategies, make sure you highlight how you will use your MBA to reach your goals. What if your next job is a logical step from your prior experience to your MBA? Even if you think it’s obvious, it’s essential to be specific about your career goals. Describe the job you plan to pursue with as much detail as possible. ![]() Essay #2 (Required) Please draft a letter that begins with “Dear Admissions Committee” (word limit: 600) This letter serves as your personal statement that provides the Admissions Committee with an understanding of your candidacy for Marshall beyond what is evident in other parts of your application. This essay is purposely open-ended. You are free to express yourself in whatever way you see fit. The goal is to have an appreciation for and an understanding of each candidate in ways that are not captured by test scores, grades, and resumes. Showing who you are as a person is essential to your USC Marshall application. Ideally, you can demonstrate that you understand the USC culture and values with your answer to this essay question. First, start with your statistics and data. USC Marshall will see your GPA, your test scores, and your transcripts. Second, the admissions committee will see your career progress on your resume. Third, you will add some personal color to your application through the recommendation letters. These elements should show that you have leadership potential, academic promise, and a well-rounded personality. This essay is the place to fill any gaps. Consider what you need to communicate to show all sides of your candidacy in this USC application essay. For example, if you are someone who has a standard career history, you might describe something interesting in your background. Perhaps you have an unusual hobby, have made an impact on the community, or have a unique family heritage. Another aspect of your USC Marshall application that may not appear in your data is your passion for learning. For instance, if there is a professor you would want to work with, this question is an opportunity to discuss their work. Similarly, you may want to join or lead a club or community effort that isn’t obvious from the other data you submit. Essay #3 (Optional) Please provide any additional information you would like the admissions committee to consider. (word limit: 250) This USC application essay offers an opportunity to add more information or to discuss a concern. Therefore, if you have a low GPA, a grade below a C in a quantitative subject, an employment gap, or any other issue in your background, this is the place to explain it. However, if you want to highlight anything else about your career path, experience, or personal background, this essay allows you the space to do so. And, if you need to explain an area of concern, clearly explain what happened, and what you have done to improve or address the issue. Focus on the future in a positive manner to leave the strongest impression. The post Tuesday Tips: USC Marshall Application Essays, Tips for 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: B-Schooled Episode #17: Advice for Reapplicants |
![]() We’re back to preview the latest installment of Sacy Blackman’s B-Schooled podcast. If you’re a reapplicant, this is the episode for you. It covers: • How you should set your expectations • Whether or not you should reuse your essays • If it’s OK to ask the same recommenders for letters • How to show your candidacy has strengthened since your last application We’ll also address advice specific to those who applied in the last application cycle’s extended Round 3 (aka “the COVID round”), and those who originally applied when they were college to a 2+2 or deferred admission program. Listen to B-Schooled episode #17 here, or on any of the podcast apps listed below. B-Schooled is available on most major podcast apps, including: Apple Podcasts Spotify Stitcher TuneIn Please be sure to subscribe to B-Schooled so that you don’t miss a thing. If there’s something you’d like for us to cover in a future episode, please email podcast@stacyblackman.com. We’d love to hear from you! The post B-Schooled Episode #17: Advice for Reapplicants appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: The Benefits of Working with an MBA Admissions Consultant |
![]() Acceptance rates at the most elite business schools range from six to 21 percent. Fierce competition drives many MBA hopefuls to weigh the benefits of working with an MBA admissions consultant to help them stand out amid a sea of equally amazing applicants. The majority seek assistance with their essays, resume evaluation, and interview preparation. There are numerous upsides to working with an MBA admissions consultant. We believe a consultant can nearly always help, whether you are a first-time or a repeat business school applicant; whether you are in the dark or more knowledgeable about the admissions process. After all, both beginning athletes and Olympians have coaches. The one caveat to this situation? If the admissions committee at the school to which you are applying focuses heavily on numbers. In this case, you may not need a consultant to help flesh out things like your essays or interviews. Capitalize on the experiences of a seasoned consulting team An MBA admissions consultant offers a trained second pair of eyes to review your material, help steer strategy, and provide a sanity check. Our admissions consultants have years of MBA admissions and marketing experience. (See how Stacy Blackman Consulting ranks compared to other firms in our industry.) You’ll have the ability to leverage the database of knowledge of a collected group of experts. When taken together, these folks have experience with thousands of clients in programs across the globe. Input from one friend who applied, or even someone who attended the school, provides only a limited snapshot. Here at SBC, we have perspective on what has worked—and what hasn’t —over time. Whereas our family and friends may be inclined to build us up and focus on the positive, a consultant will deliver critical feedback and offer a reality check if you need one. As Clear Admit highlighted in its recent article on admissions consultants, we approach a client’s candidacy with fresh eyes. That means we can see unique strengths or pinpoint potential concerns that may not have been on your radar. There’s a lot of information about the MBA admissions process readily available online for free. Blogs like ours offer application advice, school-specific essay tips, and more. But some people feel overwhelmed by the sheer amount of info out there. We believe applicants can do their research and still benefit from personalized guidance and coaching. Detractors might argue that if you’re a strong MBA candidate, consulting services will provide little added value. After all, your stats and profile should speak for themselves, right? We disagree. In fact, we’ve seen many cases of stellar candidates who were shocked when denied admission to programs that seemed like sure things. For example, we worked with one Cornell University graduate who had three years of experience in a top investment bank, a high GPA, a high GMAT score, phenomenal extracurriculars, and competent writing skills. However, when he came to us, he had zero introspection and was unable to look inward to mine his unique strengths. Without a doubt, he belonged in a top program. With our guidance on how to market himself, his application package went from generic to compelling. Know yourself before signing on with an admissions consultant Cost is the obvious potential drawback of working with an MBA admissions consultant. Fees run anywhere from a few hundred dollars for a la carte editing services to several thousand dollars for comprehensive packages targeting multiple schools. If you’re not committed to completing the process, it’s a colossal waste of money. Some potential clients think hiring a business school consultant means they don’t have to do any work. A good consultant is not an essay writing service. We won’t do the work for you, and we’re not here to agree with whatever the client says. This type of relationship won’t work for personality types that have difficulty accepting criticism, coaching, and input from others. Only invest in a consultant if you’re ready for a true partnership—not if you want a ghostwriter. Consultants can push you, point out errors and opportunities, and help you submit your very best application. But they still need you on the team. To learn more about the process, reach out for a free, no-strings evaluation of your MBA candidacy. We believe in hard work and are willing to work hard with you. The post The Benefits of Working with an MBA Admissions Consultant appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: Kellogg Launches MBAi, a New Joint Degree in Business, Tech |
![]() Today’s world requires leaders who can spearhead strategic innovation while understanding the technological complexities that enable it. To that end, Kellogg School of Management and the McCormick School of Engineering at Northwestern University have launched MBAi, a new joint degree in business and technology management. According to Kellogg School Dean Francesca Cornelli, “The MBAi was designed to produce leaders that will tackle the evolving, nuanced business challenges in technology.” This accelerated, five-quarter program will prepare students to meet that vital global need. Who are the Target Candidates for the MBAi Program? The program is ideal for students with substantial technology work or academic experience. Its focused curriculum covers machine learning, robotics, computational thinking for business, and introductions to the frontiers of science and technology. At the same time, students will study how data science and artificial intelligence drive innovation. The MBAi program also includes an experiential summer quarter. This component allows students to gain work experience and engage with industry leaders while continuing to take classes. Additionally, students will complete a full-time, 10-week summer internship, plus take two academic credits during the evening and weekends. The quarter concludes with an intensive immersion experience in San Francisco. Here, students will engage in on-site company visits, industry networking events, and case competitions. McCormick Dean Julio M. Ottino said the new program will prepare students “to lead teams that are heavy in technology capabilities and guided by strategies rooted in business needs and return on investment.” “While AI and analytics hold tremendous promise, most firms continue to struggle with delivering and scaling successful business outcomes,” said Eric Anderson, Hartmarx Professor of Marketing at Kellogg and director of the MBAi program. The challenge remains, according to Anderson, a business problem. Application Deadlines for the MBAi’s Inaugural Class
The post Kellogg Launches MBAi, a New Joint Degree in Business, Tech appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: SMU Cox MBA Essays for 2020-2021 |
![]() Are you targeting the SMU Cox School of Business for your MBA? Then get ready to start brainstorming! The SMU Cox MBA applications are now live. Here are the SMU Cox MBA essays for the 2020-2021 admissions season. Two-Year Full-Time MBA and J.D./MBA Candidates 1. Please describe your immediate post-MBA career goals, including the target industry, sector, and/or organization. Why are you interested in pursuing a career in this particular area? (250 word limit). 2. Learning from one another’s experiences is a tenet of the MBA experience. As a member of the SMU Cox MBA class, how do you plan to contribute to the development of your classmates, whether personally or professionally? (250 word limit) 3. Growth is often the product of experience. Please discuss a time when you experienced professional failure. How did this event impact your professional outlook or affect your future work? (250 word limit). *** For more information on applying, please visit the SMU Cox admissions site. If you need guidance on your SMU Cox MBA essays or wish to discuss your MBA plans, reach out for a complimentary analysis of your candidacy. We’re here to help! The post SMU Cox MBA Essays for 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: SMU Cox Application Deadlines for 2020-2021 |
![]() Are you interested in the SMU Cox MBA? The 2021 application is now live. Here are the SMU Cox application deadlines for the 2020-2021 admissions cycle. SMU Cox Application Deadlines Round 1 Application due: October 12, 2020 Round 2 Application due: November 20, 2020 Round 3 Application due: January 4, 2021 Round 4 Application due: March 1, 2021 (final deadline for international students) Round 5 Application due: May 3, 2021 (rolling admissions after May 3rd) *** For more information on applying, please visit the SMU Cox admissions site. If you need guidance on your SMU Cox application or wish to discuss your MBA plans, reach out for a complimentary analysis of your candidacy. We’re here to help! The post SMU Cox Application Deadlines for 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: Tuesday Tips: SMU Cox MBA Application Essays and Tips 2020-2021 |
![]() The SMU Cox MBA application essays focus on getting to know you better. As an applicant to the SMU Cox School of Business, you will be part of a diverse student body. Indeed, many students are looking to expand their choices beyond the top 10 business schools or have a regional interest in Texas. Based in Dallas, SMU Cox has ties to a vibrant business community. Companies that recruit from SMU Cox include the major consulting firms, banks, along with consumer companies like Target and Starbucks and tech companies like Texas Instruments and Amazon. In general, as you prepare these SMU Cox MBA application essays, keep “Why MBA” top of mind. Also, think about your own desires for the program. If you are considering an MBA admissions consultant, contact us to learn more about how Stacy Blackman Consulting can help! To learn more about the SMU Cox School of Business, visit the program website. REQUIRED ESSAY 1 Please describe your immediate post-MBA career goals, including the target industry, sector, and/or organization. Why are you interested in pursuing a career in this particular area? (250 word limit). This SMU Cox MBA application essay focuses on your future goals. Therefore, you will need to carefully explain why you need an MBA and describe your career goals. First, evaluate your past experiences and what you learned in your undergraduate education. Next, describe your future career dreams. If you are unsure about what you want to do after your MBA, perhaps research can trigger some ideas. For example, more MBA graduates are pursuing careers in technology and consumer products than did so in the past. If you consider companies and career paths outside of the traditional MBA feeder industries, what areas might you pursue? When you have identified your post-MBA career path, then you will want to describe the role in specifics. What industry are you targeting and why? Describe what you consider the most appealing companies. And, which department do you see yourself working within? This is an excellent essay in which to add some resume highlights. Also, use details to showcase specific skills that will explain your accomplishments. REQUIRED ESSAY 2 Learning from one another’s experiences is a tenet of the MBA experience. As a member of the SMU Cox MBA class, how do you plan to contribute to the development of your classmates, whether personally or professionally? (250 word limit) Your ability to add something unique to the community is crucial, and this SMU Cox MBA application essay focuses on that topic. This is a great place to mix personal and professional angles. Because you concentrate on your career in the first essay, this one can touch upon other aspects. For example, have you been involved with a volunteer activity? If so, this is an ideal essay to describe what you did. Indeed, one core value for SMU Cox is helping others. For this reason, if you have a particular focus or passion for community service, this is the essay to describe it. Finally, know yourself and know the school. Do school research by visiting campus or talking to students or alumni. As you learn more about the school, you can tailor your contributions to be a fit with the community. REQUIRED ESSAY 3 Growth is often the product of experience. Please discuss a time when you experienced professional failure. How did this event impact your professional outlook or affect your future work? (250 word limit). At Stacy Blackman Consulting, we have observed that, above all, character prevails. As a result, part of showing character is persisting through failure. Often, you discover your true nature by your reaction to difficulty. Think about the moments you can remember with clarity over the past three years. In many cases, failure leads to success. Can you think of a time when failure triggered a critical change? For example, your failure may have been with a team at work. As a result, you learned more about how to lead or be effective in a team. Ensure you take the time to talk about lessons learned from the failure. In conclusion, as you draft this essay, think about micro-stories you can craft vividly to bring your story alive. What did your failure feel like? What did you hear, smell, or say? Those details will help the reader understand your perspective. The post Tuesday Tips: SMU Cox MBA Application Essays and Tips 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: B-Schooled Episode #18: Career Goals |
![]() What do you want to be when you grow up? When you pull together your MBA application materials, you might find yourself stumped (in a few different ways) about how to explain your career goals. Don’t fret. SBC is here to help. This episode of the B-Schooled podcast covers:
B-Schooled is available on most major podcast apps, including: Apple Podcasts Spotify Stitcher TuneIn Please be sure to subscribe to B-Schooled so that you don’t miss a thing. If there’s something you’d like for us to cover in a future episode, please email podcast@stacyblackman.com. We’d love to hear from you! The post B-Schooled Episode #18: Career Goals appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: Reducing Digital Distractions |
![]() “Fresh ideas from the Blacklight” SBC’s Weekly Newsletter for Professionals If you’re one of the millions of people fighting a constant battle against digital distractions, Stanford MBA and former GSB lecturer Nir Eyal wants you to know that all hope is not lost. In his latest book Indistractable: How to Control Your Attention and Choose Your Life, Eyal offers easy-to-implement tips to help us stay focused at home and work. “Distraction is always an unhealthy escape from reality,” Eyal explains. “I take issue with the current narrative that technology is hijacking your brain and that it’s addictive. It promotes learned helplessness: We stop trying to change something because we think there’s nothing we can do.” Instead of blaming technology or our devices, he says we need to deal with the root causes of our digital distractions, whether it’s boredom, anxiety, burnout, or plain ol’ loneliness. “By identifying an uncomfortable internal trigger…and exploring the sensation with curiosity, we can more easily disarm it,” Eyal notes. Digital distractions lurk all around us The author also discusses something he calls “liminal moments.” These are the transitions happening throughout the day when we’re changing tasks. For example, when you check out what’s trending in TikTok while waiting for an elevator. Eyal has no beef with that, per se. A problem arises when you’re still glued to your phone a half-hour later when you’re back at your desk. Now, he says, “You’ve become distracted as opposed to working on what you wanted or needed to. That’s where these liminal moments are dangerous.” There’s nothing wrong with scrolling Instagram, playing a video game, or watching Netflix, if that’s what you intended to do. Taking a break can be good for us. It’s when we do these things unintentionally that we get into trouble. When you’re ready to get serious about reducing some of the digital distractions that plague your daily life, Square one starts with—you guessed it—your phone. The 4 R’s of taming your phone According to Eyal’s book, the first step toward becoming indistractable is to implement the following strategies.
Ample studies support Eyal’s contention that notifications distract us, even if we don’t check them out right away. Evidently, mere awareness of the alert can hurt our performance on an attention-demanding task, researchers from Florida State University found. You’re wondering who messaged you, or what exciting thing awaits but one click away. Just having your phone nearby can distract you and interfere with your work performance. ![]() Eyal has a simple solution for anyone struggling to avoid the siren’s call of app notifications, especially those from group chats. Instead of responding as messages come through, schedule a block of time to catch up on the conversation. The same approach works for Facebook, Instagram, Google News, or any other app that diverts your attention. Stop being a hostage to notifications. From now on, you control the moments when you seek out information/diversion. Schedules for the win Eyal also admits he’s a huge fan of schedules. So much so, he credits weekly scheduling sessions with his wife to divide domestic responsibilities for saving his marriage. If productivity is your goal, the timeboxing method can help you reach it. As this article in Harvard Business Review explains, constant interruptions torpedo both our happiness and productivity. With timeboxing, you decide what to do and when, and then block out all distractions during that period. As a matter of fact, timeboxing ranked number 1 out of the 100 most useful productivity tips. Users swear by it because they find the control and demonstrable accomplishments addictive. “We perform better under constraints. Schedules give us a framework, while nothingness torments us with the tyranny of choice,” Eyal asserts. “An unscheduled day isn’t freedom. Rather, it’s a recipe for regret. When we don’t plan time in our day to do what matters, our life quickly falls out of balance.” *** Did you enjoy this post about reducing the digital distractions in your life? It originally appeared on the Blacklight, our weekly newsletter for professionals. At the Blacklight, we aim to illuminate with every dispatch that lands in your inbox. If you’re thirsty for guidance to help you slay it at work or as a student and move your goalposts closer, sign up today! The post Reducing Digital Distractions appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: B-Schooled Episode #19: Before You Submit in Round 1 |
![]() Round 1 deadlines are just around the corner, and nerves tend to get the best of many candidates. This episode of the B-Schooled podcast covers common last-minute traps that MBA applicants fall into and how to avoid them, as well as what you should do and not do before submitting. Listen to B-Schooled episode #19 here, or on any of the podcast apps listed below. B-Schooled is available on most major podcast apps, including: Apple Podcasts Spotify Stitcher TuneIn Please be sure to subscribe to B-Schooled so that you don’t miss a thing. If there’s something you’d like for us to cover in a future episode, please email podcast@stacyblackman.com. We’d love to hear from you! The post B-Schooled Episode #19: Before You Submit in Round 1 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: The Lure of an MBA in Europe |
![]() As business becomes more global, applicants may ask themselves if they should consider heading abroad for an MBA in Europe. In many cases, the answer will be yes. Recruiters overwhelmingly agree that candidates with international experience outperform those without. The best business schools attract international students and faculty of the highest caliber. Plus, in terms of rankings, elite European programs perform as well as many top programs in the United States. There are several factors to consider as you weigh whether an MBA in Europe will help you reach your career goals. From cost to duration to brand reputation and more, keep the following in mind as you make your decision. Why do an MBA in Europe? Most of our clients targeting EU MBA programs cite these compelling reasons. First, the programs boast a high return on investment (ROI), as most last just one year. For example, you can complete an MBA program at INSEAD in as little as ten months. Compared to a two-year or US MBA programs, lower tuition and opportunity costs look enticing. But even for the longer EU MBA programs, such as London Business School and IESE Business School in Spain, tuition fees are lower. In a study that SBC conducted across its EU applicant pool, shorter duration and lower tuition costs were reasons endorsed by 48% of respondents. Secondly, EU MBA programs are more global in nature, compared to even the most “global” US program. They attract students who want a truly international experience with their education. They also attract professionals planning to work in Europe after their studies. ![]() We consider an MBA in Europe an excellent complement to an undergraduate degree earned in the US. It positions students for global careers better than doing both college and an MBA in the same country or continent. If your professional goal is to live and work in Europe, pursuing an MBA abroad is arguably the best introduction to local business life. Keep this fact in mind: INSEAD, LBS, and HEC Paris place less than 10% of graduates into US-based employment roles. Meanwhile, they place 50-to-66% of grads in Europe. Work Visas The new two-year, post-study work visa, which returns to the UK for international students graduating in summer 2021 or later, will make it easier for new MBAs to find jobs—and for employers to hire them. This is incredibly valuable at a time when the US’s political climate, and recent H1B Visa restrictions, have deterred some internationals from venturing to the US. An MBA in Europe suddenly seems much more attractive. ![]() Specialized Industry Recruiting MBA hopefuls may also favor specialized industry recruiting where the EU has the edge over the US. While the US is the technology industry hub (tech is still a nascent market in the EU), Europe dominates the fintech industry. London is considered the fintech capital of the world because of the banking passport legislation that governs Europe and standardizes products across the 27 countries. Europe has an advantage over the US in the fintech industry because the US must contend with legislation that varies by state and can be an impediment to digital banking. Competition For some MBA applicants, the relative competitiveness of the schools is another factor. We had a client last year who experienced rejection from every US program to which she applied, but got accepted to LBS. Coronavirus and Trump/visa issues may have impacted this and forced US schools to change their approach. Generally, EU schools are more open to having larger percentages of international students, particularly from Commonwealth countries (e.g., India). Meanwhile, US schools are more competitive for those with overrepresented backgrounds in the applicant pool. Current Demand for the MBA Degree MBA demand is counter-cyclical to the economy. Therefore, demand has skyrocketed. Opportunity costs have lowered. MBA applicants typically are debt-free in their twenties and can incur the expense of the education. Some young professionals see the MBA as an escape from unemployment or furlough status. But, at a deeper level, many of the MBA applicants we’ve talked to in recent months tell us that they need the sophisticated knowledge inherent to MBA programs to navigate the dynamic business changes ahead. MBA hopefuls need the degree to gain the tools to thrive in the radically-changing business landscape. Technology, supply chain, and other disciplines will become reimagined within the business school environment. That is a huge lure. It’s an exciting time for young, MBA-aspiring professionals. Many see the MBA classes of 2022 and 2023 as symbolizing new beginnings and hope. ![]() Cathy, an INSEAD MBA graduate on our team, believes the global crisis may jolt young professionals towards more meaningful careers. The MBA experience can enable that purpose-driven path. “Pre-INSEAD, my goal was to enter social impact investing after graduating,” she shares. “At that time, the economic downturn did reinforce the idea of pursuing a meaningful career. My INSEAD experience further encouraged me to do so, with its emphasis on its community being a ‘Force for Good’.” Demand will continue to increase significantly for the top MBA programs. More than that, the caliber of the applicant pool with respect to diversity, leadership, industry, and career visions will skyrocket in the application season that is upon us. Both quality and quantity are about to be re-defined. Which EU Programs Stand Out? Brand and ranking almost always correlate to applicant demand, strength of recruiting, and ROI. INSEAD, London Business School, Oxford’s Saïd Business School, and Cambridge’s Judge Business School are in higher demand internationally. While INSEAD and LBS are undoubtedly the best ranked, programs like HEC Paris, SDA Bocconi in Italy, and IESE shine in each of their respective home markets/countries. ![]() HEC has risen lately in the ranks. The Financial Times 2019 rankings had them #1 European MBA program & #3 globally, and #1 EMBA. The FT rankings are considered the most transparent and respected. So, if someone plans to work in France, HEC Paris has a fantastic network and can tap into its ‘premier’ undergraduate network. Imperial College Business School in London is also another one to watch, especially for innovation and science/engineering. They’re very active in the B-school community, organizing the annual EdTech forum and leading in Europe on flexible offerings. Like Oxford and Cambridge, Imperial benefits from the strong foundation and brand of the underlying university. The “pure business school approach” of LBS and INSEAD are enticing to many MBA applicants. But Imperial, Oxford, and Cambridge leverage the cross-university collaboration quite well to help boost their appeal. How Can Candidates Find the Right MBA in Europe? Read, read, and read some more. Pore over the websites of all schools that interest you to learn about the curriculum, teaching methods, professional clubs, extracurricular offerings, and student life. Sign up to receive email announcements with admissions updates and information. As you consider earning an MBA in Europe, think diligently about fit with personal and professional goals. Consider ranking reports and brand reputation, which is by far the most influential reason for selecting an MBA program across the applicant pool. The key factor is career potential. Business schools have developed comprehensive career services, but participants themselves should propel their success. Take time and effort to set clear career goals before applying for a business program. Based on those goals, choose the most appropriate business schools considering all that they can offer: curriculum, network, learning environment, business exposure, and career services, among other aspects. Business schools care deeply about your success, but ultimately, your career and lifestyle are your responsibility. ![]() Next, location and program length will influence your decision. Post-MBA career preferences should drive your location choices. Professionals who want to work in the EU, therefore, should focus on doing their MBA in Europe. Finally, be self-aware. The right program varies by the candidate. Much depends on the student’s professional profile and career aspirations, as well as what they do once at the program. Fit with and performance at the program are essential. For example:
It’s too soon to know what changes will occur concerning the sudden economic crisis. For now, we’ve seen that MBA grads continue to flock to lucrative and popular consulting. Likewise, tech has continued to see a lot of growth and interest among MBAs, especially in product manager and product marketing manager roles. MBAs look for growth opportunities these days, and tech companies can offer that growth and development. Healthcare also continues to expand with roles in administration and health technology. Fintech will surge as well, because of the need to overhaul into contact-free payment processes. The State of Company Sponsorships Sponsorship from companies has decreased due to budget concerns. We’ve heard that companies such as Deloitte, which has had a robust GSAP sponsorship program for full-time MBA applicants, has heavily curtailed their sponsorship plans as a result of COVID-19. We anticipate far fewer companies will sponsor going forward, as it’s an extension of a trend underway since 2008. Instead of company sponsorship, we expect applicants to value and actively seek an MBA tuition scholarship as a way to lower costs. Another factor that explains decreasing company sponsorship is that applicants often don’t want to return to the same employer post-MBA. Many young professionals are now eager for higher impact roles and hope to change to a new environment after the MBA. ![]() Transformation, the MBA, and COVID-19 MBA programs are the epicenter of innovation and adaptability and have effectively pivoted with virtual social and academic-rich programming. In many cases, the virtual method can enhance the experience. It offers more robust access to experts, recruiters, mentors, change-makers, etc., across the world who can easily Zoom to educate the next generation. “MBA experiences themselves are meant to be transformative,” says Cathy, our SBC INSEAD MBA expert. “What better place to be challenged, and to develop professionally and personally, than in an environment conducive to collaboratively resolving issues with sustainable solutions, and with creativity and intelligence?” she adds. For example, “In the INSEAD community, the pandemic has already sparked constructive solutions to tackle the spread and even combat COVID-19. The pandemic is strengthening the MBA community and experience. Regarding issues of racial equality, these are the impetus for the important discussions that take place between cohorts and professors, faculty, and staff, further unifying the networking and connections across the MBA cohort.” There are numerous advantages to seeking an MBA in Europe. You might be motivated by the lower tuition cost, strong ROI, international network, cultural diversity, or even language learning options. A cultural immersion experience of this kind is not without its challenges. But most participants would agree that studying abroad is not just financially rewarding, but personally fulfilling as well. The post The Lure of an MBA in Europe appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: Advice for MBA Applicants from an Overrepresented Demographic |
![]() If there’s one overarching trend we’ve seen in our nearly two decades of admission consulting, it’s the move toward greater diversity at the top MBA programs. Not long ago, professionals from banking and consulting dominated business school classrooms. Most students were white males. Now, programs strive for diversity across several buckets: gender, ethnicity, industry, function or role, home country — even sexual orientation. What does that mean for candidates working in consulting or financial services? Or, for MBA applicants in overrepresented demographic buckets? It means you must work hard to stand out and prove you have something valuable to bring to the table. In other words, demonstrate that what your classmates will learn from your personal and professional experiences outweighs the fact that you aren’t contributing to a more diverse environment in the traditional ways. For Applicants from an Overrepresented Demographic, Stats are Not Enough A high GPA and a high GMAT score are never bad things, of course. But they don’t guarantee admission, either. The MBA application process is a self-selecting one in many ways. People pursuing b-school have done well in school, on tests, and in their careers so far. The majority of applicants deserve to get in “on paper.” While your stats tell the admissions committee whether you can likely handle the rigor of their program, they don’t reveal anything about how you work with others. Nor do they convey what leadership roles you’ve taken, what motivates you, or what your future goals are. Unlike undergraduate colleges, MBA programs heavily rely on students teaching each other. Business schools expect high levels of spirited and interactive discussion in class, with students sharing their past experiences for the benefit of others. Everyone who applies to business school should try to communicate the unique aspects of their candidacies that their classmates will learn from. But it’s exponentially more critical that applicants from overrepresented demographic buckets do so. Tap Into the Diversity of Experiences You’re going to want to pull from your volunteer, extracurricular, and leadership experiences across all facets of your life. Talk about the places you’ve traveled to and what you did or learned there. Maybe you have a defining moment to share that led to your future career goals. You will want to highlight anything you are involved with at work that might be related to recent news headlines, as admissions committees love it when students can share firsthand experience with buzzy topics. In the end, MBA applicants from overrepresented demographic buckets still get into top business schools across the country every year. So, if you’re in that category, there’s no reason to lose hope. But you should look objectively and realistically at your candidacy and perhaps widen the net of schools you’re considering. Try to figure out what it is that your classmates would learn from you, and then focus on incorporating those themes into your materials. You can do it! ![]() Are you a reapplicant? Don’t miss this B-Schooled episode made just for you — subscribe today on Apple Podcasts, Spotify, Stitcher, or TuneIn. Until next time, The team at Stacy Blackman Consulting *** If you enjoyed this post, please sign up for the SBC newsletter, where you’ll receive our expert advice on all aspects of the MBA application process delivered straight in your inbox each week. The post Advice for MBA Applicants from an Overrepresented Demographic appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: B-Schooled Episode #20: How to Ace Your Video Essays |
![]() This new episode of the B-Schooled podcast covers how to prepare for the video essays required by several top MBA programs. Some schools pose pre-recorded video questions, while others have live recordings with either known or randomized questions. Host Erika will tackle it all in this edition of the podcast. Plus, she shares general tips on what you should wear, where you should record, and more. Listen to the episode here, or on any of the podcast apps listed below. B-Schooled is available on most major podcast apps, including: Apple Podcasts Spotify Stitcher TuneIn Please be sure to subscribe to B-Schooled so that you don’t miss a thing. If there’s something you’d like for us to cover in a future episode, please email podcast@stacyblackman.com. We’d love to hear from you! The post B-Schooled Episode #20: How to Ace Your Video Essays appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: How to Cope When Work Blows |
![]() “Fresh ideas from the Blacklight” SBC’s Weekly Newsletter for Professionals In an ideal universe, we’d all have awesome, fulfilling careers with a ridiculous salary and benefits package. Alas, on this planet, not every job nourishes the soul. Whether you’re a recent college grad or several years into your career, at some point, you may find yourself in a position that kind of…sucks. Often, that will signal it’s time to hatch your departure plan. But that’s not always possible, especially in the era of COVID-19. Nor is it the only solution. Read on for our tips to help you cope with your less-than-stellar job sitch. #1 Get to the bottom of why you’re unhappy Square One is always the best place to start to create your happiness at work. If you haven’t already, evaluate specifics to understand what’s making you miserable. Have you hit a ceiling? Are you bored? Feel unappreciated or underpaid? Are you exhausted by long hours? Is it a personality clash with the boss or your coworkers? Only when you identify the source of your frustrations can you create an action plan to change things for the better. #2 Focus on what you do like about the job Take comfort in knowing that few people love every single aspect of their work. Granted, you may dislike several things. But you’ll find the days more bearable if you focus on the positive. Maybe that’s your excellent healthcare plan, challenging projects, or perks like 401(k) employer matching. If you have a flexible schedule, a short commute, or can work from home, that’s also worth celebrating. Dwelling on the negative only drags you down, and those toxic feelings can infect everyone around you. #3 Continue developing skills Even if you know this job is temporary, don’t spend X remaining time as though you’re awaiting release from a jail sentence. Think about how you can leverage your current experience for future opportunities. For example, if you need to strengthen your public speaking skills, see if there’s an opportunity to speak at a company event or conference. Take advantage if your employer offers any professional development or continuing education programs. Whether you have a clear exit plan or want to build up your resume, continue to develop skills that will make you more marketable later. #4 Cultivate outside passions Modern society has all but brainwashed us into believing that we must feel passionate about our work. But the truth is, some of the things you love doing—parasailing, playing video games, shooting hoops—may not pay the bills. ![]() That’s when it’s time to look outside of work for something to inspire you. In the end, it’s okay to make peace with the realization that you may never feel Steve Jobs-level passionate about your career. We aren’t identified solely by what we do professionally. A sense of fulfillment can come from many sources. #5 Remind yourself of the bigger picture When you find yourself feeling miserable on the job, one of the best tips to help you cope is to remind yourself why you go to work in the first place. Your earnings might be helping you save up for a down payment on your first home or to pay off student loan debt. Perhaps your salary makes it possible to maintain a struggling family member. In short, the money you earn makes your hopes and dreams a reality. Make that your focus right now, instead of your unhappiness. #6 Practice gratitude As Queen Oprah Winfrey says, “If you look at what you have in life, you’ll always have more. If you look at what you don’t have in life, you’ll never have enough.” Try to feel grateful that you have a job and bring home a paycheck. Not everyone is so lucky right now. Realize that your “loathsome” post probably has one or more perks than someone else envies. When you practice gratitude, you take stock of all that is good in your world instead of creating a laundry list of everything you hate or lack. In the end, only you know when it’s time to move on to greener pastures. But meanwhile, these tips to help you cope can ensure that you survive—nay, thrive in—the job you currently have. *** Did you enjoy this post about how to cope with job disatisfaction? It originally appeared on the Blacklight, our weekly newsletter for professionals. At the Blacklight, we aim to illuminate with every dispatch that lands in your inbox. If you’re thirsty for guidance to help you slay it at work or as a student and move your goalposts closer, sign up today! The post How to Cope When Work Blows appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: UNC Kenan-Flagler MBA Deadlines for 2020-2021 |
![]() The application to Kenan-Flagler Business School at the University of North Carolina is now live. Here are the UNC Kenan-Flagler MBA deadlines for the 2020-2021 admissions season. UNC Kenan-Flagler MBA Deadlines Early Action Application due: October 13, 2020 Decision released: December 14, 2020 Round 2 Application due: January 5, 2021 Decision released: March 8, 2021 Round 3* Application due: March 1, 2021 Decision released: April 12, 2021 Round 4 Application due: April 12, 2021 Decision released: May 24, 2021 *Final deadline for International applicants. Applications must be submitted by 11:59 p.m. (EST) on the application date. *** For more information on applying, please visit the UNC Kenan-Flagler MBA admissions website. If you need guidance on your UNC Kenan-Flagler MBA application, or wish to discuss your MBA plans, reach out for a complimentary analysis of your candidacy. We’re here to help! The post UNC Kenan-Flagler MBA Deadlines for 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: UNC Kenan-Flagler MBA Essays for 2020-2021 |
![]() The application to Kenan-Flagler Business School at the University of North Carolina is now live. Here are the updated UNC Kenan-Flagler MBA essays for the 2020-2021 admissions season. UNC Kenan-Flagler MBA Essays From the AdCom: You’ll respond to two required essay questions and one optional question. Your responses should be concise, clear, and introspective as we’ll use them to learn more about you, your motivations, and your aspirations. Required Essay 1 Please respond to the questions below that will assist us in learning more about you (500 words):
Your response should be no longer than 300 words and should address the following question: 2020 brought many defining experiences, including: a global pandemic, changes to learning and working environments, and calls for social justice and racial equity. At UNC Kenan-Flagler Business School, these experiences propel us to strengthen efforts to increase the diversity in our community, to create a more equitable and inclusive learning environment and to teach our students to manage diversity, equity and inclusion. What have you learned about diversity, equity and inclusion in 2020? Please share your experience and what you learned about yourself as a leader. Tell us how you changed or would like to change your leadership style? If you were not leading a team, tell us what you learned at your level about diversity, equity and inclusion. How do you expect to continue that growth in the MBA program? Optional Essay The optional essay (for all applicants) provides an opportunity to share additional information not presented elsewhere in your application with the admissions committee. In 150 words or less, consider addressing any of the questions below:
*** For more information on applying, please visit the UNC Kenan-Flagler MBA admissions website. If you need guidance on your UNC Kenan-Flagler MBA essays, or wish to discuss your MBA plans, reach out for a complimentary analysis of your candidacy. We’re here to help! The post UNC Kenan-Flagler MBA Essays for 2020-2021 appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: B-Schooled Episode #21: Data Form Do’s and Don’ts |
![]() In this new episode of the B-Schooled podcast, we cover how to make the most of the data form—or the actual online application itself—which is made up of several informational data fields, dropdowns selections, and short-answer fields. We’ll cover: • Optional fields • Common questions applicants have about certain fields and dropdowns • The awards section(s) • How you can use the data form fields to strengthen your candidacy Listen to B-Schooled episode #21 here, or on any of the podcast apps listed below. B-Schooled is available on most major podcast apps, including: Apple Podcasts Spotify Stitcher TuneIn Please be sure to subscribe to B-Schooled so that you don’t miss a thing. If there’s something you’d like for us to cover in a future episode, please email podcast@stacyblackman.com. We’d love to hear from you! The post B-Schooled Episode #21: Data Form Do’s and Don’ts appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
FROM Stacy Blackman Consulting Blog: Updates to GMAT Online Exam |
![]() Beginning September 23, the Graduate Management Admission Council (GMAC) will allow candidates to take the GMAT Online exam two times. Future GMAT Online exam attempts will now be included in the GMAT rolling 12-month and lifetime limit caps. GMAC will exclude any online exams taken before September 23 from the lifetime limit cap to honor its stated policies before this update. “It’s important to us that candidates feel confident to be at their best on exam day, whether in a test center or at home, and the ability for candidates to retake the online assessment is consistent with that mission,” explains Vineet Chhabra, senior director and head of the GMAT product at GMAC. “This change brings with it the opportunity for test-takers to improve their score, while also providing peace of mind and the flexibility of having an online retesting option should there be uncertainty of test center availability.” Since the COVID-19 outbreak, GMAC has focused on helping candidates and schools continue to operate in an ever-changing environment. GMAC quickly implemented an online solution allowing candidates to meet critical b-school application deadlines. Correspondingly, the new online exam provided schools the ability to continue their evaluation of talent. As the pandemic evolved, GMAC extended its online exam availability through the end of 2020. Ongoing test enhancements include allowing test-takers to review their score before sending it to schools. GMAC also allows for the use of physical whiteboards and introduced accommodations for test-takers with disabilities. Fee Changes for the GMAT Online Exam GMAC has also announced that it will reinstate cancelation and rescheduling fees. Likewise, it will increase the exam price to align more closely with the in-person GMAT. As of September 23, the price for the GMAT Online exam will increase from $200 to $250. The fee to reschedule the GMAT Online exam appointment will be US$25 with a US$100 fee to cancel an exam. “As COVID-19 began to take hold, we showed a proclivity for speed, putting solutions in place to support an immediate need, while recognizing the suddenness and challenges facing our test takers and schools,” Chhabra continued. “Now that we’ve made the transition to include a virtual option, we will continue to provide candidates with flexibility and choice.” The post Updates to GMAT Online Exam appeared first on Stacy Blackman Consulting - MBA Admissions Consulting. |
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