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The mbaMission Blog

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Friday Factoid: The Harper Center at Chicago Booth [#permalink]

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New post 23 Oct 2015, 07:00
FROM mbaMission Blog: Friday Factoid: The Harper Center at Chicago Booth
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Designed by world-renowned architect Rafael Vinoly and completed in 2004 at a cost of $125M, the Charles M. Harper Center houses Chicago Booth’s full-time MBA program. The Harper Center’s Winter Garden—a towering atrium with six-story, glass Gothic arches—is at the heart of the building and serves as a central place where students can study, socialize, and hold club meetings. With more than 400,000 square feet of space, 12 classrooms (on the downstairs “classroom level”), offices for the entire administration and faculty (on the third, fourth, and fifth floors, known as the “faculty floors”), 31 group study rooms, a 3,500-square-foot student lounge, and a 150-person café, the Harper Center helps shape Chicago Booth’s community and is part of the school’s bold identity.

For more information on the defining characteristics of the MBA program at Chicago Booth or one of 15 other top business schools, please check out the mbaMission Insider’s Guides.

The post Friday Factoid: The Harper Center at Chicago Booth appeared first on mbaMission - MBA Admissions Consulting.
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

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Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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In Other News… New Campus Plans, Scandals, and a Hefty Donation [#permalink]

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New post 23 Oct 2015, 11:00
FROM mbaMission Blog: In Other News… New Campus Plans, Scandals, and a Hefty Donation
The business school world is constantly buzzing with change and innovation. Each week, in addition to our regular news posts, we briefly touch on a few notable stories from this dynamic field in one roundup. Here is what caught our eye this week:

  • London Business School has received a gift of £4.3M (about $6.5M) from alumnus David Pyott, the school announced recently. Pyott, who received his MBA from the school in 1980, has built a notable career in pharmaceutical leadership and served as the CEO and chairman of pharmaceutical company Allergan from 1998 to its acquisition in 2015. This donation brings Pyott’s total contribution to the school’s fund-raising campaign to £5.3M (more than $8M). Pyott’s gift will create 15 new scholarships and help fund the reconstruction of a campus building.
  • The recent abrupt resignation of Stanford Graduate School of Business (GSB) Dean Garth Saloner set into motion a relentless rumor mill concentrating on Saloner’s part in a discrimination lawsuit filed by a former GSB professor. The suit claims the dean, along with another GSB professor who is the plaintiff’s estranged wife and Saloner’s alleged lover, plotted to remove the professor from his position at the university. Confused? Catch up by reading Bloomberg Business’s recent, lengthy article about the case.
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  • Harvard Business School is expanding its campus with the development of two new buildings: Klarman Hall and G2 Pavilion. The school filed campus plans for the projects earlier this month, and predicted that construction of Klarman Hall—which will feature three stories and a thousand-seat auditorium—would conclude in August 2018. Plans for the G2 Pavilion are still being developed. The two facilities are intended to replace the current Burden Hall.
  • Diversity is now more sought after in a business school classroom than perhaps ever before. Financial Times notes that such top-ranked programs as the MIT Sloan School of Management and the University of Virginia Darden School of Business are luring applicants from various backgrounds with such tactics as accepting the GRE instead of the GMAT and targeting members of the social entrepreneurship network Teach for All.
The post In Other News… New Campus Plans, Scandals, and a Hefty Donation appeared first on mbaMission - MBA Admissions Consulting.
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

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Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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MBA Admissions Myths Destroyed: Reapplicants Should Not Reapply [#permalink]

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New post 24 Oct 2015, 08:00
FROM mbaMission Blog: MBA Admissions Myths Destroyed: Reapplicants Should Not Reapply
You applied to business schools once and did not get in. It took a lot of effort and caused a lot of heartache. Now what do you do? You cannot really apply again to those schools, can you? What is the point? They already rejected you once, so they will do the same thing next time, right? Wrong.

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MBA admissions committees are governed by self-interest. Simply put, the schools want the best candidates out there. If you are among the best candidates, why would any admissions director think, “Well, this is an outstanding candidate who can add something special to our school and has unique potential going forward, but he applied last year so we’ll just forget about him.” Indeed, the reapplication process is not a practical joke or a disingenuous olive branch to those permanently on the outside. If the schools were not willing to admit a reapplicant, they would not waste their time and resources reviewing the applications.

While many fret about being reapplicants, some admissions officers actually see a reapplication as a positive—a new opportunity. Michigan Ross’s director of admissions, Soojin Kwon, told mbaMission, “They are certainly not ‘damaged goods.’ We have had many successful reapplicants join our program after they’ve spent a year strengthening their candidacies.”

J.J. Cutler, former director of admissions at Wharton, echoed this sentiment, “We find that students who have applied to Wharton before are absolutely not at a disadvantage. In fact, we recognize that the application process is an extensive one that involves self-examination and a large time commitment…. Reapplying can give an applicant a chance to benefit from all the self-reflection and goal setting [he or she] went through during [his or her] first application cycle.”

Meanwhile, the Yale School of Management’s assistant dean for admissions, Bruce DelMonico, noted, “I can certainly bust that myth. Our admit rate for reapplicants is actually the same as it is for first-time applicants. It’s important, though, for reapplicants to explain to us how their candidacy has improved from the previous time they applied. Reapplicants need to make sure they enhance their application, rather than just resubmitting the same application.”

So—in short—reapplicants, you have no reason to believe that you only have one chance. Like any competitive MBA applicant, continue to strive and achieve; if it does not work out this time, it just might happen next time.

The post MBA Admissions Myths Destroyed: Reapplicants Should Not Reapply appeared first on mbaMission - MBA Admissions Consulting.
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

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Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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GMAT Impact: Tackling Reading Comprehension Problems [#permalink]

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New post 25 Oct 2015, 07:01
FROM mbaMission Blog: GMAT Impact: Tackling Reading Comprehension Problems
With regard to the GMAT, raw intellectual horsepower helps, but it is not everything. In this blog series, Manhattan Prep’s Stacey Koprince teaches you how to perform at your best on test day by using some common sense.

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We previously examined how to read Reading Comprehension (RC) passages. If you have not read our earlier article, go ahead and do so right now.

Today, I want to talk about the three primary types of questions that appear on RC: Main Idea, Specific Detail, and Inference. I also want to talk about how to analyze RC problems.

In general, we learn the most from a problem after we have finished doing it. Our review is the real learning experience. Any problem can (and should!) be analyzed using the questions discussed in this “How to Analyze a Practice Problem” article.

How would that work with a Reading Comprehension question? Glad you asked. This article contains an example of a complete RC Inference problem analysis—you will learn not only how to analyze an RC problem but also how to tackle Inference problems. (In general, Inference problems ask us to deduce something from some piece of evidence provided in the passage.)

Let’s tackle Main Idea questions next. These questions focus on the main point of a passage, though we could also be asked to give the main point of just one paragraph.

Specific Detail questions ask us to address some particular detail mentioned explicitly in the passage. We could be asked what the passage says or why the author mentions a certain thing. Knowing whether you are dealing with a What question or a Why question is important. Think about the answers to these two questions: What are you studying? Why are you studying it? Completely different answers!

Those will cover most, if not all, of the RC question types you will see when you take the GMAT. You might also encounter a Strengthen or Weaken question, similar to the questions that we see in the Critical Reasoning section. These are fairly rare in RC, though—chances are good that you will not actually see one.

So go ahead and tackle those Reading Comprehension question types and remember this: when you are studying, your goal is not (just) to get the question right. Your goal is to learn something that you could apply on a different question (or questions) in the future!

The post GMAT Impact: Tackling Reading Comprehension Problems appeared first on mbaMission - MBA Admissions Consulting.
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

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Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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Monday Morning Essay Tip: Avoid Fawning [#permalink]

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New post 26 Oct 2015, 09:00
FROM mbaMission Blog: Monday Morning Essay Tip: Avoid Fawning
Although your target MBA programs certainly want to know that you identify with them, this does not need to be a running theme throughout your essays or your entire application. Unless a business school explicitly asks for this kind of information—for example, by asking what you are most passionate about and how that passion will positively affect the school—we generally recommend that candidates only discuss their connection with their target MBA program via their personal statements (“What are your short- and long-term goals, and how will [our school] allow you to achieve them?”).

For example, in response to a school’s question about leadership or putting knowledge into action, you would not need to discuss how the school will help you further develop your leadership skills or how you will continue to be an active learner when you are a member of the Class of 2018, even though these topics reflect core values that each school embraces. Although we cannot assert this as an absolute, we find that in most cases, such statements come across as insincere or fawning — the very opposite of the effect you want.

The post Monday Morning Essay Tip: Avoid Fawning appeared first on mbaMission - MBA Admissions Consulting.
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

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mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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Mission Admission: The Round 2 Application Rush [#permalink]

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New post 27 Oct 2015, 07:00
FROM mbaMission Blog: Mission Admission: The Round 2 Application Rush
Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday.

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The month of November tends to signal the beginning of the rush toward second-round business school application deadlines. Many candidates who are just beginning to contemplate their MBA applications will call us and ask, “How many schools can I apply to at this stage?” or “Am I too late to start my applications for Round 2 now?” Unfortunately, no clear-cut answers to these questions exist.

First and foremost, your focus should be on quality over speed. As a candidate, you are far better off completing applications to three schools with 100% effort than applying to five schools and putting forth just 60% effort. MBA admissions offices notice sloppy mistakes and will conclude that you did not pay full attention to your application and therefore may not really care about their program.

One thing some candidates may not realize is that they do not need to commit to a specific number of schools up front. We typically suggest that candidates master one application and then apply what they have learned to the next. Submitting applications to five schools simultaneously can generally be problematic, but if you make significant progress on one school’s application and then begin work on the next, you can be confident that you will complete each one with a degree of excellence.

The ideal number of target schools varies from candidate to candidate and depends on each individual’s professional and personal schedule, written communication skills, risk profile, ambitions, and other similar factors. So approach your applications methodically, recognize what is realistic, and then work aggressively—but not haphazardly—toward your end goals.

The post Mission Admission: The Round 2 Application Rush appeared first on mbaMission - MBA Admissions Consulting.
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

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mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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MBA Career Advice: Think Twice Before You Hit Send [#permalink]

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New post 27 Oct 2015, 11:00
FROM mbaMission Blog: MBA Career Advice: Think Twice Before You Hit Send
In this weekly series, our friends at MBA Career Coaches will be dispensing invaluable advice to help you actively manage your career. Topics include building your network, learning from mistakes and setbacks, perfecting your written communication, and mastering even the toughest interviews. For more information or to sign up for a free career consultation, visit www.mbacareercoaches.com.Image

You know that everything you post/write online is basically permanent, right? Intellectually, you definitely understand that – we all do. And, yet, we witness thousands of embarrassments and scandals, large and small, that show us that little prevents us from taking big or even unwitting risks.

Many have probably forgotten or may have grown up after the “Chung is King,” emails went viral in 2001, but since then there have been dozens of disasters large and small, in virtually every field – politics, media, academia, etc. – to remind us to stop and think before pressing “send.” We have seen legislators become punchlines, a la Anthony Weiner, and renowned business people, such as venture capitalist, Tom Perkins, sully their reputations. (Perkins penned a letter to the Wall Street Journal equating persecution of the 1% to the persecution of Jews at the hands of the Nazis). Of course, the list goes on an on and on. And still, we all think we are smarter than others and that our names won’t end up in the bright lights for the wrong reasons.

We are more accustomed to sharing our thoughts and lives these days, but here are a few things to keep in mind so that you don’t create a permanently detrimental record…

  • If it feels questionable, don’t tweet/share/send it: if you have even a whiff of anxiety or concern about posting something, don’t do it. Whether you intend to post a photo of late night partying or a sarcastic review of a film you just saw, if it worries you even just the tiniest bit that everyone you will ever know could read it and attribute it you, then don’t send it out in the world. Even if you think it is just a private email. Can we repeat this again for emphasis? Don’t do it!
  • Think carefully even when confident: Above, we noted Tom Perkins as an example. Perkins did not just write a one-line sentence and mistakenly tweet it out — he penned a full letter to the Journal. He had to have had a great deal of confidence in what he had written. He might have intended to ruffle some feathers, but clearly did not anticipate that kind of backlash. Our point is that even if what you write feels right/clever/just, think critically anyway. You might catch yourself before its too late.
  • Think long term: Something that you post now, may seem like it is brilliant now and who knows – maybe it is, but times change. Think about Brendon Eich, who was briefly CEO of Mozilla in 2014, until it was discovered that he made a donation to a group opposing gay marriage in 2008 (2008!) and was forced to step down. It seems unlikely that Eich could have imagined that a six year old donation – not a tweet or a post — that he made as a private citizen could have prevented him from leading Mozilla, until it did. Times change – what you write, post or even do now, can become a matter of public record and catch up to you.
At this point, you may be worried about an Orwellian world that is watching you at every turn. Keep in mind that no one is goading you into pushing the limits. Just be reasonable about what and where you share your thoughts and pictures and you should be just fine.

The post MBA Career Advice: Think Twice Before You Hit Send appeared first on mbaMission - MBA Admissions Consulting.
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

_________________

Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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Dean Profiles: R. Glenn Hubbard, Columbia Business School [#permalink]

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New post 28 Oct 2015, 07:01
FROM mbaMission Blog: Dean Profiles: R. Glenn Hubbard, Columbia Business School
Business school deans are more than administrative figureheads. Their character and leadership often reflect an MBA program’s unique culture and sense of community. Several times a year, we profile the dean of a top-ranking program. Today, we focus on R. [b]Glenn Hubbard [/b]from Columbia Business School (CBS).

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R. Glenn Hubbard was appointed dean of CBS in 2004, having been at the school for nearly 20 years and having served as the Russell L. Carson Professor of Finance and Economics, the school’s senior vice dean, and codirector of the entrepreneurial program. He is also well known for having been an economic advisor to Mitt Romney’s presidential campaign in 2012 and a leading designer of the 2003 Bush tax cuts, which he helped implement while serving as chairman of the U.S. Council of Economic Advisers.

After being criticized for his ties to the financial services industry in the 2010 documentary Inside Job, Hubbard has made a more concerted effort to bring professional responsibility to the fore of the CBS curriculum and to require faculty to fully disclose their professional activities outside of teaching. While many business schools responded to the recent financial crisis by adding standalone ethics courses to their curricula, Hubbard told the Wall Street Journal in 2011, “I don’t think students pay attention to [ethics] the way they do when it’s integrated into your marketing course, into your operations course, into your finance class.” With the launch of a new flexible curriculum in 2008 and further curricular changes in 2013, the school has reportedly worked to incorporate this integrated approach to teaching ethics directly into its core components. The updated curriculum also engenders what Hubbard has promoted as the three most essential directives for business students: “analyze, decide, and lead.”

Hubbard is often the good-natured subject of student sketches in the CBS Follies comedy show and has been known to even make a personal appearance now and then. Videos from past Follies in which the dean has featured can be found on YouTube, including a musical parody of Every Breath You Take” by The Police, in which Hubbard covets Ben Bernanke’s 2006 appointment as chairman of the Federal Reserve.

For more information about CBS and 15 other top-ranked business schools, check out the mbaMission Insider’s Guides.

The post Dean Profiles: R. Glenn Hubbard, Columbia Business School appeared first on mbaMission - MBA Admissions Consulting.
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

_________________

Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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mbaMission Consultant Spotlight: Rachel Beck [#permalink]

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New post 28 Oct 2015, 12:00
FROM mbaMission Blog: mbaMission Consultant Spotlight: Rachel Beck
At mbaMission, our consultants are more than just graduates of the world’s top MBA programs—we are also expert communicators who possess an unparalleled knowledge of the admissions process. Each week, we highlight one member of our team who has committed his/her professional life to helping you get into business school.

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A graduate of Lehigh University, Rachel Beck holds a master’s degree in journalism and earned her MBA from Columbia Business School, where she was awarded the prestigious Knight-Bagehot Fellowship in Economics Business Journalism. While at Columbia, Rachel was both a teaching assistant and an officer in the retail club. She also served as a resume reviewer for the MBA program’s Career Management Center and volunteered for iPrep, a program that helps the underprivileged learn and improve their interview skills. Since graduating from Columbia, Rachel has been an alumni admissions interviewer for the school. Before joining mbaMission, Rachel was the national business columnist and features writer for The Associated Press, where she covered such topics as the financial crisis and Great Recession, consumer trends, accounting issues in corporate America and executive pay. Rachel has interviewed dozens of Fortune 500 CEOs and has been featured in numerous radio and TV spots on major news events. Her award-winning columns and stories have appeared in newspapers and on online news sites worldwide.

Quick Facts:
Received MBA from: Columbia Business School

Undergraduate field of study: Government

Fields worked in prior to mbaMission: Journalism

Working style: Energetic, supportive and positive, but firm when necessary

What past clients are saying:
“I decided to work with mbaMission at the recommendation of a friend and couldn’t have been more pleased with the result. Rachel was an incredible asset throughout. I can say with near certainty that I would not have been accepted a top 5 school without her help! Work with her. You won’t regret it.”

“I found my experience with mbaMission to be incredibly rewarding and it absolutely helped me to be admitted to my top choice business school. Rachel was instrumental in my successful application to business school. I felt like she was my partner in the entire application process and would recommend her to anyone seeking admission to a top tier business school.”

“I felt like I was more than just a job to her – Rachel has a great personality, is easy to talk to and really is looking out for her client’s best interest. Rachel was, without a doubt, money well spent. She really inspired me to write some great essays.”

See more testimonials for Rachel Beck.

Watch Rachel’s video:

Want a free consultation with Rachel? Sign up here

The post mbaMission Consultant Spotlight: Rachel Beck appeared first on mbaMission - MBA Admissions Consulting.
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

_________________

Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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Beyond the MBA Classroom: Tailgating Parties at Ross [#permalink]

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New post 29 Oct 2015, 08:01
FROM mbaMission Blog: Beyond the MBA Classroom: Tailgating Parties at Ross
When you select an MBA program, you are not just choosing your learning environment but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school.

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College football is big in Ann Arbor, and students at the University of Michigan Ross School of Business appear to enjoy the season with real fervor. Tailgates precede nearly every game, and some tailgate parties are even sponsored by corporations and serve as mini recruiting events. At these sponsored tailgates, corporate representatives—who are usually Michigan alumni—network with Ross students. And generally, the more important the game, the more senior the executives representing the sponsor company!

And while we are talking about football, we should also mention “The BUS”—an actual school bus painted to look like a Michigan football helmet that is owned by roughly 50 Ross students and has been passed down from class to class each year since the early 2000s. Originally conceived as a way to centralize tailgating for the Ross community, The BUS is present at every home game as well as at least one away game each season, serving as home base for spirited tailgate parties. Even the dean has been known to visit tailgates at The BUS—which has its own Facebook page! A first-year student with whom we spoke noted that “Bus tailgates at home football games” were not to be missed, saying they are “Lots of fun, and you get to hang out with the whole class.”

For in-depth descriptions of social and community activities at Michigan Ross and 15 other top MBA programs, check out the mbaMission Insider’s Guides.

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Diamonds in the Rough: Wisconsin School of Business at the University  [#permalink]

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New post 29 Oct 2015, 12:00
FROM mbaMission Blog: Diamonds in the Rough: Wisconsin School of Business at the University of Wisconsin-Madison
MBA applicants can get carried away with rankings. In this series, we profile amazing programs at business schools that are typically ranked outside the top 15.

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Applicants who have clear objectives for their post-MBA career may find that choosing a business school curriculum with focused career specializations can be beneficial. The Wisconsin School of Business at the University of Wisconsin-Madison offers a uniquely applied learning experience for ten areas of specialization:

  • Applied security analysis
  • Arts administration
  • Brand and product management
  • Corporate finance and investment banking
  • Marketing research
  • Operations and technology management
  • Real estate
  • Risk management and insurance
  • Strategic human resource management
  • Supply chain management
Immersive engagement begins early in the program, simultaneously with first-year core courses. For example, during their first semester, student teams work to perform an integrated company analysis of a publicly traded company of their choosing. By the time students break out into courses within their designated focus, they are ready to gain hands-on experience through applied projects. Investment research and portfolio management students, for example, practice managing a portfolio with tens of millions of dollars in assets, while many other areas of specialization involve partnering with businesses and organizations.

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Friday Factoid: More Than Marketing at Kellogg [#permalink]

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New post 30 Oct 2015, 08:01
FROM mbaMission Blog: Friday Factoid: More Than Marketing at Kellogg
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As we all know, Kellogg is just a marketing school, right? Not quite so. A quick glance at the school’s most recent employment report (click on the “FUNCTION – FULL TIME” tab) reveals that 35% of its Class of 2014 accepted jobs in consulting, and only 21% went into marketing, its second most popular functional area. McKinsey & Company, Boston Consulting Group, Bain & Company, Deloitte, and Accenture were among the school’s hirers in 2014.  Kellogg MBAs credit their management labs—wherein first-year students work on a consulting project and are mentored by consultants from leading firms (before their summer internships)—with preparing them for success in their internships and full-time positions. Meanwhile, a variety of other hands-on experiences are also available, including the “Global Lab” (students work with an international firm), “Advanced Topics in Marketing” (students analyze a marketing issue and present it to management), and “Leading Mission Driven Enterprise” (students offer management expertise to nonprofits). Not to worry, though—if you are interested in marketing, Kellogg still has ample resources for you.

For more information on other defining characteristics of the MBA program at Kellogg or one of 15 other top business schools, please check out the mbaMission Insider’s Guides.

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B-School Chart of the Week: Diversity Within the Class of 2017 [#permalink]

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New post 30 Oct 2015, 12:01
FROM mbaMission Blog: B-School Chart of the Week: Diversity Within the Class of 2017
Although quantifying a school’s profile certainly does not tell you everything, it can sometimes be helpful in simplifying the many differences between the various MBA programs. Each week, we bring you a chart to help you decide which of the schools’ strengths speak to you.

Top-ranked business school programs have their similarities and differences, and the same is often true with regard to their students. Around this time of the year, business schools typically release information concerning their most recent incoming class—this year, the Class of 2017. These class profiles paint a revealing picture of the diverse student bodies from various fields and backgrounds all around the world. Yet, only six top-ranked business schools reported that more than a quarter of their incoming students are U.S.-based minorities.

In terms of diversity among U.S.-based students, the Haas School of Business took the top spot, reporting that 36% of its Class of 2017 represent a minority. Columbia Business School (CBS), located in the cultural melting pot of New York City, was a close second with 35%, while the Wharton School of the University of Pennsylvania came in third with 30%. The Stanford Graduate School of Business scored the lowest of the examined schools—19% of its incoming student body identified as a U.S. minority. Perhaps surprisingly, the University of Michigan Ross School of Business, which was recently the only business school to receive the prestigious 2015 Higher Education Excellence in Diversity Award from INSIGHT Into Diversity, reported a lower level of diversity than many schools, with 25%.

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MBA Admissions Myths Destroyed: I Am Too Old To Get Into Business Scho [#permalink]

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New post 31 Oct 2015, 07:00
FROM mbaMission Blog: MBA Admissions Myths Destroyed: I Am Too Old To Get Into Business School!
We at mbaMission often receive panicked phone calls from applicants in their late twenties, asking if they are too old to get into business school. Why?

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For much of the last decade, several top schools have declared their openness to younger candidates and have even been courting them. Harvard Business School has welcomed “direct-admits” (those entering immediately after completing their undergraduate degrees) and started the 2+2 program to encourage undergraduates to consider deferred acceptance. Chicago Booth followed suit, launching the Chicago Booth Scholars Program, granting deferred admission to University of Chicago seniors, and the Early Career Candidate program to attract students with one to three years of experience. Although the Stanford Graduate School of Business does not publish the average age of its students, it does state that its students’ median work experience is four years. So, if you are an “older” candidate at 27, 28, 29, or—dare we even write—30, should you even bother applying?

First of all, it is worth noting that not all schools are on the bandwagon. Tuck, for example, states that “in general” it does not accept students with fewer than two years of work experience. Darden’s range is one to ten years, meaning that it currently has no direct-admits. Michigan Ross requires that students complete their degree before applying, meaning that seniors are ineligible.

However, if you are focused on a school that is open to younger candidates, you should still think logically about this situation: you cannot get any younger, so you can either self-select out of the application process or let the admissions committees read your applications and make their own decisions. Further, applicants should not mistake an openness to younger candidates as some sort of aversion to older candidates. If you have something special to offer, you are still in the running—there is no secret cutoff that immediately eliminates you from the applicant pool.

As we have written before, the schools are governed by self-interest. They want the best candidates out there! If you are among the best, your age will not be an obstacle.

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GMAT Impact: Dealing with Long Underlines in Sentence Correction [#permalink]

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New post 01 Nov 2015, 09:00
FROM mbaMission Blog: GMAT Impact: Dealing with Long Underlines in Sentence Correction
With regard to the GMAT, raw intellectual horsepower helps, but it is not everything. In this blog series, Manhattan Prep’s Stacey Koprince teaches you how to perform at your best on test day by using some common sense.

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Many of the more “standard” (and lower-level) Sentence Correction (SC) questions have easier-to-identify “splits,” or differences in the answer choices. For instance, answers A and B might use the word “have,” while C, D, and E use the word “has,” indicating a relatively easy-to-spot singular versus plural issue.

Sentences with longer underlines, however, are more likely to be testing such global issues as Structure, Meaning, Modifiers, and Parallelism. In these questions, large chunks of the sentence move around, the fundamental sentence structure changes, and so on. In one GMATPrep problem, for example, answer A includes the text “the brain growing in mice when placed” while answer B says “mice whose brains grow when they are placed.” This is not just a simple switch of a single word—something more complicated is happening. Take a look at this article for the full example.

To have a chance at answering these correctly, we may need to modify our standard approach to SC. In GMATPrep’s Lake Baikal problem, the entire sentence is underlined, and the answers seem to be changing completely around. Where do we even start? Click the link to try the problem and learn more about how to tackle these types of SCs. Here is another one discussing an organization called Project SETI.

When you are done with this, try this third one: FCC rates. Here, only about two-thirds of the sentence is underlined, but the sentence is unusually long.

When you are starting to feel more comfortable with those, I have an exercise for you. Pull up some long-underline Official Guide questions that you have previously completed. Cover up the original sentence and look only at the answers (in other words, if the entire sentence is not underlined, then you are going to do this exercise without actually reading the full sentence!).

Based on the differences that you see, try to articulate all of the issues that are being tested and eliminate as many answers as you can. (Note: You will not always be able to eliminate all four wrong answers; sometimes the non-underlined portion of the sentence contains some crucial information!) When you are done, look at the full thing and review the explanation to see how close you got and whether you missed anything.

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In Other News… The Benefits of a Self-Paced Program — and an MBA for K [#permalink]

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New post 01 Nov 2015, 12:00
FROM mbaMission Blog: In Other News… The Benefits of a Self-Paced Program — and an MBA for Kids!
The business school world is constantly buzzing with change and innovation. Each week, in addition to our regular news posts, we briefly touch on a few notable stories from this dynamic field in one roundup. Here is what caught our eye this week:

  • The MBAs of 2035 or 2040 might still be kids today—but not all of them should have to wait to pursue a business education, one professor says. Mark Watson-Gandy, an insolvency lawyer based in the United Kingdom, has launched an MBA aimed at children ages 12 to 15. Watson-Gandy told Forbes that he founded Kids MBA Ltd to help his students understand the “skills and knowledge they will need in real life.” He explained that he believes budgeting, marketing, and account keeping are vital skills for children to learn. The lessons will incorporate such learning techniques as role play, games, and discussions.
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  • Is the time-consuming nature of business school making you hesitant to apply? If so, perhaps consider a self-paced program instead of a traditional one. Such schools as the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill offer this option, which often allows students to work full time while pursuing their degree, in addition to offering more flexibility in course selection. According to U.S. News & World Report, self-paced MBA programs are slowly gaining popularity: 37% of such programs recently saw an increase in applications.
  • Millennials are currently at what is largely considered a fitting age for pursuing both an MBA and entrepreneurship. But is the former necessary to pursue the latter? Author Kallen Diggs explored this question in a recent Huffington Post blog post, noting that while some believe entrepreneurship cannot be truly learned inside a classroom, others claim having a business degree can help with such aspects as building confidence in oneself. Diggs quotes Wharton MBA and co-founder of Internet marketing service Curalate, Apu Gupta: “I have always found it odd that people go to business school to study entrepreneurship. If you want to study entrepreneurship, you need to go and be an entrepreneur.”
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Monday Morning Essay Tip: Own Your Story [#permalink]

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New post 02 Nov 2015, 09:00
FROM mbaMission Blog: Monday Morning Essay Tip: Own Your Story
Many business school candidates unwittingly start their essays with platitudes—obvious or trite remarks written as though they were original. For example, when responding to the essay question “Tell us about a time when you made a difficult decision,” an applicant might mistakenly write the following:

“Managers constantly face difficult decisions. Still, everyone hates indecision.”

The applicant does not “own” this idea and cannot lay claim to this statement. A simple alternative would be to insert his/her personal experience and viewpoint into the sentence:

“I found myself back in the boardroom with Steve, anticipating that yet again, he would change his mind on the mbaMission file.”

By discussing your personal and unique experiences, you demonstrate ownership of your story while engaging your reader. Avoiding platitudes and generalities—and ensuring that you are sharing your experience, rather than one that could belong to anyone else—is a simple but often overlooked step in creating a compelling message.

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Wharton Team-Based Discussion 2015: What to Expect and How to Prepare [#permalink]

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New post 02 Nov 2015, 16:00
FROM mbaMission Blog: Wharton Team-Based Discussion 2015: What to Expect and How to Prepare
The Wharton School at the University of Pennsylvania plans to send out interview invitations tomorrow, and once again the school is using its team-based discussion format to evaluate MBA candidates, in place of a traditional business school admissions interview. Understandably, Wharton applicants get anxious about this atypical interview, because the approach creates a very different dynamic from what one usually encounters in a one-on-one meeting—and with other applicants also in the room, one cannot help but feel less in control of the content and direction of the conversation. Yet despite the uncertainty, here are a few things that interviewees can expect:

  • You will need to arrive at the interview with an idea—a response to a challenge that will be presented in your interview invitation.
  • Having the best idea is much less important than how you interact with others in the group and communicate your thoughts. So while you should prepare an idea ahead of time, that is only part of what you will be evaluated on.
  • Your peers will have prepared their ideas as well. Chances are that ideas will be raised that you know little or nothing about. Do not worry! The admissions committee members are not measuring your topical expertise. Instead, they want to see how you add to the collective output of the team.
  • After the team-based discussion, you will have a short one-on-one session with someone representing Wharton’s admissions team. More than likely, you will be asked to reflect on how the team-based discussion went for you; this will require self-awareness on your part.
To give candidates the opportunity to undergo a realistic test run before experiencing the actual event, we created our Team-Based Discussion Simulation. Via this simulation, applicants participate anonymously with three to five other MBA candidates in an online conversation, which is moderated by two of our experienced Senior Consultants familiar with Wharton’s format and approach. All participants then receive feedback on their performance, with special focus on their interpersonal skills and communication abilities. The simulation builds confidence by highlighting your role in a team, examining how you communicate your ideas to—and within—a group of (equally talented) peers, and discovering how you react when you are thrown “in the deep end” and have to swim. Our Wharton Team-Based Discussion Simulation allows you to test the experience so you will be ready for the real thing!

To learn more or sign up for a session, visit our Wharton Team-Based Discussion Simulation page.

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Mission Admission: Deciding How Many Business Schools to Target [#permalink]

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New post 03 Nov 2015, 09:00
FROM mbaMission Blog: Mission Admission: Deciding How Many Business Schools to Target
Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday.Image

These days, as candidates consider their strategies for Round 2 of the MBA application cycle, many have a logical question in mind: To how many business schools should I apply? The answer, of course, varies dramatically from applicant to applicant, but the golden rule is that you should only apply to an MBA program if you have enough time to polish your application to its best state. So, if you have time to “perfect” only three applications, you should focus on applying to just three schools—and not consider submitting several additional “average” applications.

In terms of a target number—assuming that time is not a factor and you can commit yourself to all of your applications—five or six is generally optimal. With five or six applications, you can apply to a mix of reach, competitive, and safe schools—and can thereby truly cover your bases. Of course, each applicant has his/her own risk profile and timing to consider, but for most candidates, applying to too few schools can increase the risk of not being admitted, while applying to too many can be overkill.

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MBA Career Advice: Three Tests for Your Resume: The High School Test [#permalink]

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New post 03 Nov 2015, 12:00
FROM mbaMission Blog: MBA Career Advice: Three Tests for Your Resume: The High School Test
In this weekly series, our friends at MBA Career Coaches will be dispensing invaluable advice to help you actively manage your career. Topics include building your network, learning from mistakes and setbacks, perfecting your written communication, and mastering even the toughest interviews. For more information or to sign up for a free career consultation, visit www.mbacareercoaches.com.

Your resume is most likely the first and, in many cases, the only document recruiters will screen when they are evaluating your candidacy to determine if they want to continue the hiring process with you. For some firms, on the basis of your resume alone, you will be offered a phone screen, networking dinner invitation, follow up coffee chat, or even an interview. Recruiters can learn a lot about you by looking at your resume, but it is your communications skills – your ability to communicate through that resume – that will get you in the door.

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Think about who will likely be doing that first resume screen — most likely a member of the human resource team who has never done the actual work in your target position and may have no experience outside of the HR department in your industry. And, remember, these are very, very busy people who will likely be screening hundreds of resumes in a single sitting. It’s easy to understand how someone like that would be put off by a lot of technical jargon and firm-specific terminology. Rather than taking the time to read your bullets three or four times to figure out what you intend to convey, a busy HR professional  just might put your resume in the “no thanks” pile. Honestly, with a mountain of resumes to sort through, isn’t that what you would do?

Aside from making life difficult on recruiters, by sending a resume with convoluted bullets, you are signaling a meaningful lack of emotional intelligence to your reader. Most of your professional life – especially if you are a manager – will require you to communicate complex problems and concepts in terms other people can understand. You will have to inspire people with your words and connect with audiences on their levels. If you send a resume full of jargon, you are showing you lack the ability to empathize with your reader – with what he or she knows and doesn’t know. If the recruiter is seeking to hire you into a managerial role, such a resume could be an absolute deal breaker.

So make sure your resume passes The High School Test. Make sure that an intelligent high schooler, with no specific training in your industry or field of study, could understand every word on your resume. Omit the names of software systems, analytical frameworks, protocols, and the specific words your firm uses for processes that no one else does.

So instead of

  • Spearheaded cross-business unit engagement for NTY video initiative
Try

  • Spearheaded cross-functional team of seven to implement a new streaming video platform
Instead of

  • Led the Unified Communication Scalability initiative on the new 5427 router, coordinated the development, testing and marketing effort to enhanced and ensured UC application performance on the most powerful platform of NTY to date.
Try

  • Coordinated development, testing, and marketing efforts for a groundbreaking new wi-fi product
Instead of

  • Performed several analytical, substantive and internal control tests, including analytical tests on ACL (Audit Command Language)
Try:

  • Performed senior duties as an associate and coordinated financial statement audit engagements for companies in 11 different industries
Making sure your resume passes the High School Test will enable you to hold the reader’s attention long enough for him/her to identify your true accomplishments. That is what the next test is for: The CEO Test. You will soon learn why none of the above bullets passed that one.

The post MBA Career Advice: Three Tests for Your Resume: The High School Test appeared first on mbaMission - MBA Admissions Consulting.
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