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13 Jul 2016, 07:00
| FROM mbaMission Blog: Professor Profiles: Jeffrey Carr, NYU Stern School of Business |
Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, 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 Jeffrey Carr from New York University’s (NYU’s) Leonard N. Stern School of Business. Having taught at Stern for more than a decade as an adjunct associate professor (earning him the 1996 Stern/Citibank Teacher of the Year Award), Jeffrey Carr joined Stern’s full-time faculty in 2007 and is now a clinical professor of marketing and entrepreneurship. He served formerly as the executive director of the Berkley Center for Entrepreneurship & Innovation and has garnered a reputation as one of the school’s most respected marketing experts, featured by such major news outlets as NBC and the New York Times. Carr is president of Marketing Foundations Inc. and has worked on projects for such companies as Booz Allen Hamilton, IBM, General Electric, Pfizer, Kodak, Time Inc., and Unilever. As one first year we interviewed said of his experience at Stern, “So far, the most impressive class has been ‘Marketing’ with Jeff Carr,” adding, “He’s super engaging and makes you think more about the consequences of your actions in marketing than simply teaching you the tools. The class structure is very informal, but all of the students are learning a ton.” For more information about NYU Stern and 15 other top-ranked business schools, check out the mbaMission Insider’s Guides. The post Professor Profiles: Jeffrey Carr, NYU Stern School of Business appeared first on mbaMission - MBA Admissions Consulting. |
13 Jul 2016, 11:00
| FROM mbaMission Blog: MBA News: Current MBA Students Largely Optimistic About Post-MBA Job Market |
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We recently posted about the promising job market into which the MBA Class of 2016 graduated. As for those still completing their business school studies, the future appears to be largely worry-free, according to a new study. Conducted by corporate training company Training The Street, the survey reveals that 86% of MBAs feel “very or somewhat optimistic” about post-MBA job possibilities, and more than 80% have already received job offers. Of those who have received offers, 51% feel “very satisfied” with the promised salary, and 11% are “dissatisfied”—both figures are slightly different from the previous year’s, when 54% and 8%, respectively, felt similarly. The highest salary bracket in the survey saw a small decrease, as 40% of respondents will receive a starting salary of $125K or more. The previous year, that number was 43%. “The slight dip in starting salary is reflective of subtle changes in MBA job preferences,” Scott Rostan, Training The Street’s founder and CEO, commented in a press release. “Although salaries at Wall Street banks and consulting firms have not changed much, a slightly larger share of graduates are looking to join startups,” Rostan said. The post MBA News: Current MBA Students Largely Optimistic About Post-MBA Job Market appeared first on mbaMission - MBA Admissions Consulting. |
14 Jul 2016, 08:00
| FROM mbaMission Blog: Beyond the MBA Classroom: Think Social, Drink Local at NYU Stern |
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. Hosted jointly by NYU Stern’s Social Enterprise Association and the Luxury and Retail Club, the Think Social, Drink Local event features an “I Heart NY” themed fashion show highlighting New York–based designers (with Stern students and administrators as models) and an open bar offering beverages produced by local vineyards, distilleries, and breweries. The eleventh annual event, which took place in March 2016, was held at 404 NYC. These events raise money for Stern’s Social Impact Internship Fund, which is aimed at helping first-year students who hope to find internships within the joint fields of society and business. An organizer of the 2012 event explained to mbaMission that the event “highlight[s] the economic impact of locally minded consumption and the importance of production jobs and small businesses to a thriving local community.” For in-depth descriptions of social and community activities at NYU Stern and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: Think Social, Drink Local at NYU Stern appeared first on mbaMission - MBA Admissions Consulting. |
14 Jul 2016, 12:00
| FROM mbaMission Blog: Diamonds in the Rough: Experiential Learning at the Carlson School of Management |
 The University of Minnesota’s Carlson School of Management 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. With approximately 20 Fortune 500 companies located nearby—including UnitedHealth Group, Target, and U.S. Bancorp—the University of Minnesota’s Carlson School of Management boasts a robust network of corporate ties and high-profile recruiting opportunities. In fact, the Twin Cities placed first in Forbes’s 2011 rankings of the best U.S. cities for finding employment. Carlson also prepares its students with a pronounced hands-on approach to building leadership, management, and problem-solving skills. Among the school’s more distinctive offerings, Carlson’s four Enterprise programs expose students to the areas of brand, consulting, funds, and ventures. The Enterprise learning experience is rather unique insofar as it operates as a full professional services firm, serving multiple clients and allowing students to work through real-world business challenges with senior management at major companies. In the Brand Enterprise program, for example, Carlson students have developed key marketing strategies for such brands as Cargill, Boston Scientific, Target, 3M, General Mills, and Land O’Lakes. Students in the Consulting Enterprise program have offered services to such companies as Best Buy, Northwest Airlines Cargo, Medtronic CRM Division, and Polaris. With approximately $38M in managed assets, the Carlson Funds Enterprise program ranks among the three largest student-managed funds in the world. Finally, the Carlson Ventures Enterprise program puts aspiring entrepreneurs in contact with experts, professionals, and investors. The post Diamonds in the Rough: Experiential Learning at the Carlson School of Management appeared first on mbaMission - MBA Admissions Consulting. |
15 Jul 2016, 08:00
| FROM mbaMission Blog: Friday Factoid: Wharton for Consulting |
 Perennially ranked among the top business schools in the world, the Wharton School of the University of Pennsylvania—as its original name, the Wharton School of Finance and Commerce, indicates—is best known for its reputation in finance, which is still the school’s largest department. However, if you are interested in a career in consulting but believe that Wharton is the program of choice for future investment bankers only… well, think again! Check out these five facts about consulting at Wharton:
The post Friday Factoid: Wharton for Consulting appeared first on mbaMission - MBA Admissions Consulting. |
15 Jul 2016, 11:01
| FROM mbaMission Blog: B-School Chart of the Week: June 2016 Social Currency Rankings |
Rankings come in all shapes and sizes, but can any ranking truly capture social cachet? For a different perspective on the value of an MBA, we turn to the New York Times society pages, where the editors select and profile promising couples. Each month, we dedicate one B-School Chart of the Week to tallying how alumni from top-ranked business schools are advancing their social currency ranking. It is no surprise that June proved to be an exceptionally busy month for MBA weddings, with the New York Times profiling 45 such nuptials. Graduates of Harvard Business School (HBS) were especially busy last month, with a total of 11 weddings involving the school’s alumni taking place in June. In fact, three members of HBS’s Class of 2016 tied the knot, and two of the school’s newly married couples had both received MBAs from HBS. In addition, seven weddings of New York University (NYU) Stern School of Business MBAs were profiled, while six nuptials took place involving Columbia Business School graduates. The post B-School Chart of the Week: June 2016 Social Currency Rankings appeared first on mbaMission - MBA Admissions Consulting. |
16 Jul 2016, 06:00
| FROM mbaMission Blog: mbaMission Is Proud to Partner with Poets & Quants to Bring You Our New FREE Insider’s Guides! |
We are proud to announce our new partnership with Poets & Quants to present our new and improved FREE mbaMission Insider’s Guides. That’s right, our business school–specific Insider’s Guides are now available for download at no cost! After more than a decade helping MBA applicants get into top business schools, we have learned what can compel an admissions committee to send that coveted letter of acceptance. Selecting the right MBA program for your needs and developing a true understanding of and familiarity with that program are crucial in crafting a successful application. We have therefore invested hundreds of hours into researching and examining the leading business schools—including speaking with students, alumni, admissions officers, and other representatives—to construct these guides, with the express goal of helping applicants like you make informed decisions about this important step in your education and career. Informed by firsthand insight from students, alumni, program representatives, and admissions officers, each guide offers detailed descriptions of the following:
The post mbaMission Is Proud to Partner with Poets & Quants to Bring You Our New FREE Insider’s Guides! appeared first on mbaMission - MBA Admissions Consulting. |
16 Jul 2016, 08:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: The Admissions Committee’s Glass Is 99% Empty |
 “I was the first in my class to be promoted at McKinsey. I have a 710 GMAT score and completed Level 1 of the CFA exam, but I had a B- in calculus during my freshman year. Will that grade ruin my chances for admission?” “My company has been under a hiring and promotion freeze for the past three years, but during that time, I have earned pay increases and survived successive rounds of layoffs. Will the admissions committee accept someone who has not been promoted?” “I have been promoted, but my company changed names. Will the admissions committee think I am going somewhere at a sketchy company?” Although these questions may seem somewhat silly—the individuals’ strengths are obvious and their “weaknesses” comparatively innocuous—we get asked about scenarios like these every day. In short, we can assure you that your candidacy, even at vaunted schools like Harvard and Stanford, is not rendered tenuous by such trivial “shortcomings.” The admissions officers do not consider you guilty until proven innocent, and they are not looking for little reasons to exclude you from contention. Many candidates have mythologized the “perfect” applicant and fear that any small area of concern means that they do not measure up to this myth—and thus that their candidacy is insufficient. Rather than fixating on small details that in truth are inconsequential, you should think about the big picture with respect to your overall competitiveness. You can take us at our word on this. Or, if you prefer, heed the words of J.J. Cutler, former deputy vice dean of MBA admissions, financial aid, and career management at the University of Pennsylvania’s Wharton School, who explained to mbaMission that “everyone has something, or more than one thing, in their application that they need to overcome.” But he added, “We read with an eye toward wanting to find all the good things about an applicant. We look for their strengths. We look for things that make them stand out, that make them unique. We look for their accomplishments. We look for positive parts of the application.” The post MBA Admissions Myths Destroyed: The Admissions Committee’s Glass Is 99% Empty appeared first on mbaMission - MBA Admissions Consulting. |
16 Jul 2016, 12:00
| FROM mbaMission Blog: MBA Career News: Founding a Start-Up After Founding a Career |
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In this new addition to our blog, “MBA Career News,” our Career Coaches will offer invaluable advice and industry-related news 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. To sign up for a free consultation with one of our mbaMission Career Coaches, click here. When thinking about start-ups, one might assume that their founders are mostly men and women in their 20s. This is a common stereotype concerning start-ups—but more often than not, it is inaccurate. A survey conducted by Startup Muster in 2015 and discussed in a recent Mashable articlereveals that the majority of start-up founders (23.8%) in Australia were between 30 and 35 years of age. Those between ages 35 and 40 made up 18.0% of the respondents, while only 16.1% were 25 to 30 years old. Interestingly, 50% of those who were surveyed had no previous start-up experience at all. “I certainly don’t think that innovation is limited to people in their 20s,” Casey Mulder, founder of education company Today We Learned, said to Mashable. “But good teams are a combination [of age groups].” So, if you are tempted by entrepreneurship but think your ship may have sailed, think again. The jump into the unknown could be the best decision of your life. The post MBA Career News: Founding a Start-Up After Founding a Career appeared first on mbaMission - MBA Admissions Consulting. |
17 Jul 2016, 07:01
| FROM mbaMission Blog: GMAT Impact: Just Getting Started with the GMAT? Here Is What to Do |
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. If you are just getting started with the GMAT and are trying to figure out what to do, we have got several big categories of things to discuss: mind-set, devising a study plan, and learning how to study. Mind-Set If you do what most people do and try to prepare for this test in the same way that you prepared for tests in school, you are not going to get the best score that you could get. If you are not sure what is tested on the GMAT or what the different question types look like, take some time to wander around this section of the official GMAT Web site. Next, read this short article: “In It to Win It.” This will help you to start to adjust your mind-set so you can maximize your GMAT score. One important detail: you are only going to get about 60% of the questions right. How can that be? Glad you asked. Read the “Scoring” section of Manhattan Prep’s free e-book The GMAT Uncovered. This section explains just how the scoring on the GMAT works—which will help you better understand why trying to get everything right is a really bad strategy on the GMAT. Okay, we are essentially done with the mind-set category, but I have to say one more thing. I put mind-set first for a reason: if you have the wrong mind-set, it will not matter how much you learn or practice. You still will not get the best score that you are capable of getting. Devising a Study Plan Get started with this article: “Developing a GMAT Study Plan.” Note: make sure to follow the instructions about taking and analyzing a practice test. Next, read this article about time management. As you will have already learned from our discussions of mind-set and scoring, effective time management is crucial to your success on this test. How to Study One key GMAT skill is learning to recognize problems. “Recognize” means that we actually have a little light bulb go off in our brain—“Hey, I’ve seen something like this before, and on that other one, the best solution method was XYZ, so I’m going to try that this time, too!” When you recognize something, you have given yourself two big advantages: you save yourself time, because recognizing is faster than figuring something out from scratch, and you are more likely to get it right because you know what worked—and what did not—the previous time. You will not be able to recognize every problem, but the more you can, the better. Read the “How Do I Learn?” section in the second half of the “Developing a GMAT Study Plan” article. Make sure to follow the links given in that section—those links lead to the tools that will help you learn how to learn from GMAT questions. If you want to take advantage of online forums to chat with teachers and other students (and I strongly recommend that!), learn how to make the best use of the forums. Finally, ask for advice! So many resources are out there that it can be overwhelming, but most companies offer free advice (Manhattan Prep does here!) and you can also benefit from talking to fellow students. The post GMAT Impact: Just Getting Started with the GMAT? Here Is What to Do appeared first on mbaMission - MBA Admissions Consulting. |
17 Jul 2016, 12:00
| FROM mbaMission Blog: Bleacher Report Co-Founder Dave Finocchio Discusses the Sports Site’s Exponential Growth |
 Dave Finocchio, Co-Founder of Bleacher Report 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. Launching a company while still in college is nothing new. However, doing so and eventually selling the company for $215M is a pretty rare occurrence! In this podcast episode, Dave Finocchio, the CEO and one of four co-founders of Bleacher Report, shares how he and his college friends struck gold by noticing a lack of interesting and quickly moving sports media coverage. Finocchio’s inspiring story features many fascinating details of his journey to entrepreneurial success, including these:
The post Bleacher Report Co-Founder Dave Finocchio Discusses the Sports Site’s Exponential Growth appeared first on mbaMission - MBA Admissions Consulting. |
18 Jul 2016, 08:00
| FROM mbaMission Blog: Monday Morning Essay Tip: Conflict Is Compelling |
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When you are writing a compelling story, conflict can be a very important element. Of course, we mean conflict in the literary rather than the physical or emotional sense (no one wants to hear about how you hotheadedly instigated a confrontation). In literary terms, conflict occurs at the moment an oppositional force helps shape the central story. So, a narrative that presents you—the candidate and hero of the story—experiencing an effortless ride toward victory would not typically be as interesting or exciting as one in which you suffered some bumps and bruises along the way. For example, most people would find the story of a rookie challenger beating an experienced marathon runner at the finish line a lot more compelling than the story of a runner who leads the race by a wide margin from beginning to end and never experiences any competition. Although you might not have an anecdote like this in your arsenal, our point is that whether you are telling the story of refining a supply chain, getting a deal done, marketing a new product, or accomplishing any other facet of business, you should identify and share the hurdles you overcame in doing so, because describing a time when you enjoyed a smooth and easy path to success may not allow you to shine as brightly. The post Monday Morning Essay Tip: Conflict Is Compelling appeared first on mbaMission - MBA Admissions Consulting. |
19 Jul 2016, 07:00
| FROM mbaMission Blog: Mission Admission: Ask for Last-Minute Feedback |
Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. As most business schools have recently released their deadlines for the 2016–2017 season, we thought we would share a piece of advice that might help alleviate some deadline-related stress. After you have completed (but not yet submitted!) your application(s), find one individual you trust—whether a professional consultant or someone with insight into the application process—to read your essays one last time and give you last-minute feedback. However, we strongly suggest that you limit yourself to requesting feedback from just one or two individuals. Because the application process is subjective, you will discover that as you add readers, you will also add new and different opinions. Soon, a multitude of alternatives might appear, and although none of these varying ideas will necessarily be “right” or “wrong”—considering that a single candidate’s stories can be marketed in almost countless ways—they can create unnecessary uncertainty. We are not suggesting that you ignore critical feedback, but rather that you not complicate your final days and create doubt where it may not be due. If one or two readers support your ideas and emphasize that your application needs minimal work, you are probably best off ending your feedback loop there and submitting your application. The post Mission Admission: Ask for Last-Minute Feedback appeared first on mbaMission - MBA Admissions Consulting. |
20 Jul 2016, 07:01
| FROM mbaMission Blog: Professor Profiles: Barry Nalebuff, Yale School of Management |
Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, 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 listing on Amazon.com describes co-opetition as “a business strategy that goes beyond the old rules of competition and cooperation to combine the advantages of both. Co-opetition is a pioneering, high profit means of leveraging business relationships.” 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. |
20 Jul 2016, 12:00
| FROM mbaMission Blog: MBA Career News: Maintaining a Career After Leaving Big Cities Behind |
In this new addition to our blog, “MBA Career News,” our Career Coaches will offer invaluable advice and industry-related news 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. To sign up for a free consultation with one of our mbaMission Career Coaches, click here. The reasons why many professionals choose to live within or near big cities are evident—New York and San Francisco, for example, are the centers of a plethora of industries, making the career opportunities within grasp endless. However, the steep cost of living and the high level of stress in metropolises make some workers consider leaving them behind for good. How does one’s career sustain such a drastic move? A recent article by Forbes examined the process of moving out of a big city while still maintaining a healthy career, taking into account steps including making compromises, practicing self-reliance, and adjusting one’s priorities. One couple who chose to relocate to a quieter area ended up reducing their monthly housing costs by 40% by leaving the Bay Area behind. “On the plus side, life is easy here [in Folsom, California],” Nicole Foster, the wife in the aforementioned couple, commented to Forbes. “No traffic or angry drivers, no sad stories of hardworking people struggling to survive in impossible circumstances. […] People are happy!” Indeed, recent studies suggested that those living outside major metropolitan areas are generally happier than those living in big cities. The post MBA Career News: Maintaining a Career After Leaving Big Cities Behind appeared first on mbaMission - MBA Admissions Consulting. |
21 Jul 2016, 07:01
| FROM mbaMission Blog: Beyond the MBA Classroom: Building Goodness at UVA Darden |
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. Every spring and fall, students at the University of Virginia (UVA) Darden School of Business take a day to partner with area contractors and builders to help people in the community. Each April, 250–300 volunteers take part in the project and rehabilitate a dozen or more houses in the Charlottesville area for low-income, disabled, and elderly homeowners. And in the fall, 50–80 volunteers help area organizations such as children’s camps and learning centers. The preparations for “build days” take months. Students involved with the Building Goodness Foundation select the projects, coordinate the suppliers and volunteers, collect the necessary funds, and apply for permits. Since the program’s inception in 1991, Darden students have volunteered thousands of hours of their time, in addition to investing more than $1M in improvements in the area. Each year, the organization hosts a fundraiser auction for the event, where students offer such items up for grabs as a home-cooked meal and a private plane ride to Oktoberfest. A first year commented in an April 2014 Charlottesville Newsplex article, “A day like today, we all come out in force and do as much as we can to help out [with] little projects around the house,” adding, “To meet some of the people in the community and do something for someone else, it’s a good feeling.” For in-depth descriptions of social and community activities at UVA Darden and 15 other top MBA programs, check out the mbaMission Insider’s Guides. The post Beyond the MBA Classroom: Building Goodness at UVA Darden appeared first on mbaMission - MBA Admissions Consulting. |
21 Jul 2016, 11:00
| FROM mbaMission Blog: Diamonds in the Rough: Intimate Class Size at Mays Business School |
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. Texas A&M University’s Mays Business School offers a full-time, 49-credit MBA curriculum that can be completed in just 16 months (August to December) or customized for an extended period of time. Although the core curriculum is very rigid, with foundational management courses spanning the entirety of the program, Mays also offers the option of pursuing certificates and career specializations beyond the 16-month core. But what really stands out about the Mays program is its dedication to maintaining a strong sense of community. The school’s two cohorts of approximately 40 students each facilitate an intimate classroom setting and personalized attention from faculty and staff. The post Diamonds in the Rough: Intimate Class Size at Mays Business School appeared first on mbaMission - MBA Admissions Consulting. |
22 Jul 2016, 08:00
| FROM mbaMission Blog: Friday Factoid: See the World on an M-Trek at Michigan Ross |
 For incoming first-year students at the University of Michigan’s Ross School of Business who want to get a head start on building friendships within their class or make use of some time off before school begins, the M-Trek program may be just the answer. M-Treks, which were first offered in 1999, are small-group, multiday, outdoor adventure trips that take place before the academic year begins. Organized in locations around the world, the trips are entirely student led (by second-year MBA students) and are designed to provide a team-based environment similar to that found at Ross and to promote leadership in a team setting. M-Treks look to be as inclusive as possible—trips are available to suit a wide variety of interests and thus range from hard-core adventure to relaxing sightseeing excursions. 2016 treks included “Not Your Basic Beaches,” during which participants explored private beaches and the countryside of France and Spain, and “Guate Get Down,” which took place in the historic areas of Belize and Guatemala. In 2015, treks ranged from “Edward Fjord-y-Hands,” which featured hiking, kayaking, and mountain biking in Sweden and Norway, to “Best Friends Pho Ever,” where participants boarded a train and explored local food and culture in Vietnam. Other treks in previous years included “Bal-Kan You Handle This!?” (during which students hiked peaks in Montenegro and biked through the Lustica peninsula), “Czech Yoself Before You Wreck Yoself” (an exploration of Vienna and Prague), and “A Taste of Turkey.” So, whether you are interested in hiking and rafting in Iceland or beaching and snorkeling in Mexico, M-Treks provide a chance to build friendships and develop leadership skills while having a great time. For more information on other defining characteristics of the MBA program at Michigan Ross or one of 15 other top business schools, please check out the mbaMission Insider’s Guides. The post Friday Factoid: See the World on an M-Trek at Michigan Ross appeared first on mbaMission - MBA Admissions Consulting. |
23 Jul 2016, 08:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: At Least I Don’t Have to Rework My Resume |
 Many MBA candidates do not thoroughly consider and revise their resumes for their applications, often dismissing this element because an existing version may already be saved on their computer. We strongly caution you not to underestimate the value of this document—the admissions committees, in fact, review applicants’ resumes carefully, because they serve as a road map of each candidate’s career. In the past, we have highlighted that your resume is not the place to “stuff” all of your life experiences. Somewhere between the two extremes—cramming your resume with information and ignoring it altogether—lies the ideal: a clear, easily scannable, action-/results-oriented resume, one that tells a story that will capture the attention of an admissions officer who has reviewed hundreds of similar files. One of the most common errors that candidates make is leaving their resume in an industry-specific format, filled with jargon and acronyms recognizable only to an expert in their field. Remember, the admissions committee is not hiring you for a task, but is trying to understand your progress, your accomplishments, and even your character. Each bullet point in your resume needs to highlight achievement more than positional expertise. As you prepare your resume to be included in your application, think about your audience and recognize that your resume can be a strategic tool to reinforce certain characteristics that are important to you—characteristics that may complement information provided in other parts of your application. For example, if you aspire to a career that is international in nature, you may place more emphasis on your international experience in your resume. Or, if you come from a field that is not known for its management orientation—you were a teacher who administered a school’s $50,000 student activities budget, for example—you may use your resume to emphasize disciplines that are important to an MBA admissions audience. Some candidates are surprised to realize that one page can communicate so much and thus deserves a significant level of attention, but investing some time in this short but crucial document is definitely worth the effort. The post MBA Admissions Myths Destroyed: At Least I Don’t Have to Rework My Resume appeared first on mbaMission - MBA Admissions Consulting. |
24 Jul 2016, 08:00
| FROM mbaMission Blog: GMAT Impact: What Is Data Sufficiency? |
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. If you have only recently started studying for the GMAT (or even if you have been studying for a while!), you are likely annoyed by Data Sufficiency (DS). What is this weird question type, and why do they ask it? More importantly, how do we handle it? What is Data Sufficiency? The GMAT really is not a math test. (Neither is the GRE—we will look at a weird GRE quant question type next week.) These tests are actually trying to test us on our “executive reasoning” skills—that is, how well we make decisions and prioritize when faced with too many things to do in too little time. So, DS questions are really about quickly analyzing a collective set of data and trying to figure out which pieces you need to do the job. Imagine your boss dumping a bunch of stuff on you and saying, “Hey, our client wants to know whether they should raise the price on this product. Can you answer that question from this data? If so, which pieces do we need to prove the case?” We do, of course, have to do some math—and sometimes that math is quite annoying. We usually do not, however, have to do as much as we usually do on regular “problem solving” questions (the normal Quant questions). How does Data Sufficiency work? First, we are given what is called the “question stem.” Here is an example: How old is Oliver? The question stem asks us a question, naturally. It can also provide information, such as the following: If Oliver’s age is even, how old is Oliver? Now we know that Oliver’s age is an even number. If they told me, for example, that Oliver is either 13 or 14 years old, now I know he is definitely 14, because I should only consider even numbers as possible values for Oliver’s age. Next, the problem will give us two statements, such as the following: (1) Oliver is 4 years older than Sam. (2) Sam will be 11 years old in 5 years. So, can we figure out how old Oliver is? What information would we need to do so? The first statement, by itself, does not help, because we do not know how old Sam is. The second statement, by itself, also does not help, because it does not tell us anything about Oliver. If we put the two statements together, however, then we can actually figure out how old Oliver is. In this case, using both statements 1 and 2 together is sufficient to answer the question. (And this situation corresponds to answer choice C on the GMAT.) DS questions have five possible answers: (A) Statement 1 does help us to answer the question but statement 2 does not. (B) Statement 2 does help us to answer the question but statement 1 does not. (C) Neither statement works on its own, but I can use them together to answer the question. (D) Statement 1 works by itself and statement 2 works by itself. (E) Nothing works. Even if I use both statements together, I still cannot answer the question. Okay, these are weird. How do I get better? These are going to take some practice, yes. In addition, this was only a very short introduction; a ton of great strategies are out there that you can learn. Look for books, articles, classes, and other resources to help. (Here is one to get you started.) You also, of course, have to learn a bunch of math. What we have presented here, though, should help you get started on this kind-of-bizarre question type in the first place! The post GMAT Impact: What Is Data Sufficiency? appeared first on mbaMission - MBA Admissions Consulting. |
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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
Tuck at Dartmouth
AGSM at UNIVERSITY OF CALIFORNIA RIVERSIDE
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