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21 Oct 2015, 08:00
| FROM mbaMission Blog: Professor Profiles: Barry Nalebuff, Yale School of Management |
Many MBA applicants feel that they are purchasing a brand when they choose an MBA program, but the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we profile Barry Nalebuff from the Yale School of Management (SOM). Perhaps best known as one of the founders of Honest Tea, Barry Nalebuff is the Milton Steinbach Professor of Management at the Yale SOM. An expert in game theory and strategy, Nalebuff has been a professor at the SOM since 1989. A second year told mbaMission that in the classroom, Nalebuff “is a favorite for his sharp wit and insights.” Nalebuff is also an accomplished author with more than 300,000 copies in print. His book The Art of Strategy: A Game Theorist’s Guide to Success in Business and Life (W.W. Norton & Co., 2008), for example, explores how almost all interactions—business and personal alike—have a game theory component. Nalebuff and Adam Brandenburger, a professor of business economics and strategy at NYU’s Stern School of Business, developed the concept of a new business strategy called co-opetition, which they write about in a book of the same name: Co-Opetition: A Revolutionary Mindset That Combines Competition and Cooperation: The Game Theory Strategy That’s Changing the Game of Business (Crown Business, 1997). The book’s Web site describes co-opetition as “a method that goes beyond the old rules of competition and cooperation to combine the advantages of both. Co-opetition means cooperating to create a bigger business ‘pie,’ while competing to divide it up.” A first year noted in a Yale SOM Community Blog post, “Prof. Nalebuff never misses an opportunity to illustrate the ways in which companies can cooperate to grow the PIE (potential industry earnings). Of course, he then always reminds us that these same companies should compete aggressively to secure the biggest piece of that newly expanded PIE.” For more information about the Yale SOM and 15 other top-ranked business schools, check out the mbaMission Insider’s Guides. The post Professor Profiles: Barry Nalebuff, Yale School of Management appeared first on mbaMission - MBA Admissions Consulting. |
21 Oct 2015, 12:00
| FROM mbaMission Blog: Cookie DŌ Innovator Kristen Tomlan Shares the Secrets of Her Success |
 via cookiedonyc.com Today, many aspiring MBAs and MBA graduates want to join start-ups or launch such companies themselves. Is entrepreneurship as exciting as it seems? Is it really for you? mbaMission Founder Jeremy Shinewald has teamed up with Venture for America and CBS Interactive to launch Smart People Should Build Things: The Venture for America Podcast. Each week, Shinewald interviews another entrepreneur so you can hear the gritty stories of their ups and downs on the road to success. The seventeenth podcast episode welcomes another food expert and innovator to share her entrepreneurial story: Kristen Tomlan, founder and CEO of boutique confectionary DŌ, Cookie Dough Confections. Tomlan’s New York City–based company specializes in edible and customizable cookie dough and has created quite a buzz both in the media and on social media. Follow DŌ on Instagram for a peek at the company’s tempting products, and tune in to the podcast to hear these inside stories and more:
The post Cookie DŌ Innovator Kristen Tomlan Shares the Secrets of Her Success appeared first on mbaMission - MBA Admissions Consulting. |
22 Oct 2015, 07:01
| FROM mbaMission Blog: Beyond the MBA Classroom: 37 Years of Wharton Follies |
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. The Wharton Follies is both an annual musical comedy production that pokes fun at MBA life at Wharton and one of the school’s largest clubs, and it affords students the opportunity to shine in both creative and business roles. Entirely written, produced, and performed by students and boasting a six-figure budget, it is one of the largest and longest-running such productions at any graduate program. Follies has run at Wharton for 38 years and typically features prominent members of the administration (including the dean, vice dean, and director of admissions) and popular faculty members in cameo appearances. The specific theme changes every year. The theme in 2015 was “The Huntsman Hangover”; in 2014, it was “The Book of Wharton,” and in 2013, it was “It’s a Whartonful Life.” In addition to a live component, the Follies typically involve a number of video sketches, such as 2015’s “Business School Stereotypes” and 2014’s “Lord of the GSR,” a play on Lord of the Flies wherein a group of students become trapped in a graduate study room. The 2013 sketch “MBAs Assemble a Malm Bed from IKEA,” which depicts students from various top-ranked business schools proposing different strategies for furniture assembly, is especially notable, with more than 90,000 views as of this posting. A second year with whom we spoke explained that part of the appeal of Follies is that it “show[s] off student talent that you wouldn’t otherwise be able to witness.” For in-depth descriptions of social and community activities at Wharton and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: 37 Years of Wharton Follies appeared first on mbaMission - MBA Admissions Consulting. |
22 Oct 2015, 12:01
| FROM mbaMission Blog: Diamonds in the Rough: Olin Graduate School of Business at Babson College |
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. Babson College in Wellesley, Massachusetts, may be small, with more than 2,000 undergraduates and approximately 400 full-time MBA students at its F.W. Olin Graduate School of Business, but it has built an outstanding reputation for entrepreneurship that far exceeds its size. Babson has been ranked number one in entrepreneurial education for more than 20 consecutive years by U.S. News & World Report and as one of the top business schools for MBA pay by Bloomberg Businessweek, in addition to being described as an “entrepreneurial powerhouse” by Forbes. The school is home to the Arthur M. Blank Center for Entrepreneurship, named in honor of the co-founder of Home Depot who is also a Babson alumnus. The center offers various resources for students looking to start their own businesses, including the Global Entrepreneurship Monitor, the Successful Transgenerational Entrepreneurship Practices Project, and the John E. and Alice L. Butler Venture Accelerator Program. As part of their hiring requirements, each member of Babson’s faculty must have firsthand entrepreneurial experience, offering students a cross-disciplinary curriculum based on real-world business decision making. Babson’s Signature Learning Experiences, for example, give students the opportunity to develop hands-on entrepreneurial skills by testing ideas and formulating business models. The post Diamonds in the Rough: Olin Graduate School of Business at Babson College appeared first on mbaMission - MBA Admissions Consulting. |
23 Oct 2015, 07:00
| FROM mbaMission Blog: Friday Factoid: The Harper Center at Chicago Booth |
 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. |
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:
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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. 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. |
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. 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. |
26 Oct 2015, 09:00
| FROM mbaMission Blog: Monday Morning Essay Tip: Avoid Fawning |
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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. |
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. 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. |
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. 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…
The post MBA Career Advice: Think Twice Before You Hit Send appeared first on mbaMission - MBA Admissions Consulting. |
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). 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. |
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. 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. |
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. College football is big in Ann Arbor, and students at the University of Michigan Ross School of Business appear to enjoy the season with real fervor. Tailgates precede nearly every game, and some tailgate parties are even sponsored by corporations and serve as mini recruiting events. At these sponsored tailgates, corporate representatives—who are usually Michigan alumni—network with Ross students. And generally, the more important the game, the more senior the executives representing the sponsor company! And while we are talking about football, we should also mention “The BUS”—an actual school bus painted to look like a Michigan football helmet that is owned by roughly 50 Ross students and has been passed down from class to class each year since the early 2000s. Originally conceived as a way to centralize tailgating for the Ross community, The BUS is present at every home game as well as at least one away game each season, serving as home base for spirited tailgate parties. Even the dean has been known to visit tailgates at The BUS—which has its own Facebook page! A first-year student with whom we spoke noted that “Bus tailgates at home football games” were not to be missed, saying they are “Lots of fun, and you get to hang out with the whole class.” For in-depth descriptions of social and community activities at Michigan Ross and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: Tailgating Parties at Ross appeared first on mbaMission - MBA Admissions Consulting. |
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. 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:
The post Diamonds in the Rough: Wisconsin School of Business at the University of Wisconsin-Madison appeared first on mbaMission - MBA Admissions Consulting. |
30 Oct 2015, 08:01
| FROM mbaMission Blog: Friday Factoid: More Than Marketing at Kellogg |
 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. The post Friday Factoid: More Than Marketing at Kellogg appeared first on mbaMission - MBA Admissions Consulting. |
30 Oct 2015, 12:01
| FROM mbaMission Blog: B-School Chart of the Week: Diversity Within the Class of 2017 |
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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%.  The post B-School Chart of the Week: Diversity Within the Class of 2017 appeared first on mbaMission - MBA Admissions Consulting. |
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? 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. The post MBA Admissions Myths Destroyed: I Am Too Old To Get Into Business School! appeared first on mbaMission - MBA Admissions Consulting. |
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. Many of the more “standard” (and lower-level) Sentence Correction (SC) questions have easier-to-identify “splits,” or differences in the answer choices. For instance, answers A and B might use the word “have,” while C, D, and E use the word “has,” indicating a relatively easy-to-spot singular versus plural issue. Sentences with longer underlines, however, are more likely to be testing such global issues as Structure, Meaning, Modifiers, and Parallelism. In these questions, large chunks of the sentence move around, the fundamental sentence structure changes, and so on. In one GMATPrep problem, for example, answer A includes the text “the brain growing in mice when placed” while answer B says “mice whose brains grow when they are placed.” This is not just a simple switch of a single word—something more complicated is happening. Take a look at this article for the full example. To have a chance at answering these correctly, we may need to modify our standard approach to SC. In GMATPrep’s Lake Baikal problem, the entire sentence is underlined, and the answers seem to be changing completely around. Where do we even start? Click the link to try the problem and learn more about how to tackle these types of SCs. Here is another one discussing an organization called Project SETI. When you are done with this, try this third one: FCC rates. Here, only about two-thirds of the sentence is underlined, but the sentence is unusually long. When you are starting to feel more comfortable with those, I have an exercise for you. Pull up some long-underline Official Guide questions that you have previously completed. Cover up the original sentence and look only at the answers (in other words, if the entire sentence is not underlined, then you are going to do this exercise without actually reading the full sentence!). Based on the differences that you see, try to articulate all of the issues that are being tested and eliminate as many answers as you can. (Note: You will not always be able to eliminate all four wrong answers; sometimes the non-underlined portion of the sentence contains some crucial information!) When you are done, look at the full thing and review the explanation to see how close you got and whether you missed anything. The post GMAT Impact: Dealing with Long Underlines in Sentence Correction appeared first on mbaMission - MBA Admissions Consulting. |
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:
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Hi Generic [Bot],
Here are updates for you:
ANNOUNCEMENTS
 Wednesday, Apr 24, 2024 11:30am NY / 3:30pm London / 9pm Mumbai Watch earlier episodes of DI series below EP1: 6 Hardest Two-Part Analysis Questions EP2: 5 Hardest Graphical Interpretation Questions  ➡️ Sayali narrates her experience of succeeding on the GMAT after 4 attempts & 2 years of preparations with 32 percentile improvement on GMAT verbal.
Tuck at Dartmouth
AGSM at UNIVERSITY OF CALIFORNIA RIVERSIDE
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