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The mbaMission Blog

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MBA Admissions Myths Destroyed: I Must Have Botched the Interview [#permalink]

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New post 15 Oct 2016, 07:00
FROM mbaMission Blog: MBA Admissions Myths Destroyed: I Must Have Botched the Interview
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Maybe you are among the unlucky applicants who were/are on the outside looking in this year, shaking your head trying to understand why you did not get into an MBA program. As you look back and assess where you went wrong, you may narrow your focus and re-examine your interviews. After all, you were invited to interview but were rejected thereafter, so there must be a cause-and-effect relationship, right? Your rejection must mean that everything was at stake during those 30 minutes and that your interviewer just did not feel that you are of the caliber preferred by your target school, right? Wrong.

A former Wharton admissions director previously explained to us that there are no post-interview snap judgments. At Wharton, files are read multiple times before and after the interview, and “the interview report is placed into the file [after the interview], and the file gets recirculated and read a fourth time by a member of the admissions committee. It may get read a fifth time or even a sixth time. [For] most applications at that point, it gets pretty competitive,” according to the former admissions director. At Wharton, the admissions committee is not waiting for an enthusiastic report to confirm a decision it has already made; rather, the committee is using the interview as a part of the evaluative process as it weighs applicants against their peers.

Bruce DelMonico, the Yale School of Management (SOM) assistant dean for admissions, explained to mbaMission that the school uses a “consensus decision-making model [in which] we all need to agree on an outcome for an applicant [to be accepted].” Like at Wharton, each file is read multiple times. With the need for a consensus, we can safely conclude that the committee is not waiting on the interview as the determinant. Again, there is no post-interview snap judgment but rather serious thought and reflection by the admissions officers.

Although we have discussed this topic before, it is worth repeating that no simple formula exists for MBA admissions and that the evaluation process is thorough and not instinctive/reactive. Yes, a disastrous interview can certainly hurt you—but if you felt positively about your experience, you should not worry that you botched it and that this was the determinant of the admissions committee’s decision.

The post MBA Admissions Myths Destroyed: I Must Have Botched the Interview 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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GMAT Impact: What to Expect on Test Day [#permalink]

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New post 16 Oct 2016, 07:01
FROM mbaMission Blog: GMAT Impact: What to Expect on Test Day
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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I have talked to a ton of students recently who were surprised by some detail of test day—and that detail affected their performance. Let’s talk about what is going to happen when you finally get in there to take the test.

When you arrive

There will be some kind of outer waiting area, an inner office containing the biometric equipment, and finally the “inner sanctum”: the testing room.

When you first arrive, you will be asked to read (and digitally sign) a bunch of legalese and will show your ID. Check the guidelines to determine what kind of ID you must bring.

But wait! You are not done with security yet. They will take a digital photo of you. You will also have the veins in your palm digitally scanned—turns out our palm veins are even more unique than fingerprints. Who knew?

Finally, before you enter the inner sanctum, you will place all of your belongings (except your ID) into a locker to which you will have the key. Everything goes in this locker: your wallet or purse, your money, your mobile phone, your keys, everything. Do not bring any study notes into the test center with you, do not use any electronic devices, and do not write anything down at any time—even on the breaks. Do not give them any reason to think you might be cheating.

Starting the test

You will be given a five-page booklet of laminated paper on which to take notes. If you use up the booklet, raise your hand, and a proctor will give you a new booklet in place of the used one.

During the test, you are allowed to request a new note booklet at any time, even if you have not finished using up the previous one. I have heard reports of some proctors refusing such requests; if this happens, ask again (politely). Tell them that you specifically asked ahead of time and that GMAC (the organization that owns the GMAT) confirmed that you do not need to use up a test booklet before requesting a new one.

You will have access to tissues and earplugs provided by the test center; you cannot bring your own. Some test centers also have headphones available (in addition to earplugs).

Officially, you are not permitted to write down notes or set up your scrap paper before the test starts. When you sit down, the proctor will start the test. You can try to jot down some timing benchmarks or a few formulas during the short pre-test instructions, but stop if the proctors tell you to stop. Do not count on being able to spend any time at all writing things down ahead of time.

Breaks

Breaks are optional, but I strongly recommend that you take them!

You have to leave the test room during the break. The break is eight minutes long—but, wait, you do not have your watch! It is in your locker. The testing center is required to have a clock on the wall in every room; check when you first arrive. If no clock is visible or the clock has stopped working, say something to the proctors right away!

As soon as you get out to the waiting room, look at the clock. Plan for about six minutes (it takes about a minute to get out of the room and another minute to get back in).

Then open up your locker and have something to eat and drink. Walk around. Stretch. Use the restroom. Do not sit down, do not start reading a magazine, and do not start thinking about the test or how you are doing on it. Try to empty your brain and think only about what you are actually doing: stretching, eating, drinking.

When you head back into the testing center, they will scan your palm again and also match you against your digital photo. This takes a minute—plan for it.

How else can I get ready?

GMAC has posted a short video showing how the test center works; I highly recommend watching it. The mba.com site also contains other resources about what to expect on test day (follow the link in the previous sentence). If you are even a little bit nervous about the test (and most of us are!), look through their resources. The more you know about what to expect, the better prepared you will be to handle your nerves on test day.

The post GMAT Impact: What to Expect on Test Day 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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Monday Morning Essay Tip: Avoid Fawning [#permalink]

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New post 17 Oct 2016, 07:01
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 2019, 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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Blog: http://www.mbamission.com/blog
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Mission Admission: Deciding How Many Business Schools to Target [#permalink]

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New post 18 Oct 2016, 07:00
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.

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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.

The post Mission Admission: Deciding How Many Business Schools to Target 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
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B-School Chart of the Week: September 2016 Social Currency Rankings [#permalink]

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New post 18 Oct 2016, 12:00
FROM mbaMission Blog: B-School Chart of the Week: September 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.

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The year’s busiest wedding season is behind us, but MBAs took advantage of the last opportunities to host summer weddings in September. In fact, the New York Times profiled 23 weddings involving MBAs last month, one more than in August. Harvard Business School (HBS) students and graduates were especially eager to walk down the aisle, as is evident in the three weddings where both the bride and groom were HBS MBAs. One couple, Roanna Wang and Nathan Bruschi, are currently pursuing their respective HBS degrees! Overall, the school was mentioned in five profiled weddings, one involving Wang and Bruschi’s fellow classmate, Kiernan Schmitt. Yale was the alma mater of another couple, Kate Liberman and Eric Gershman, who both received MBAs and MFAs from the school.

The post B-School Chart of the Week: September 2016 Social Currency Rankings 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

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Blog: http://www.mbamission.com/blog
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Professor Profiles: Julie Hennessy, Northwestern’s Kellogg School of M [#permalink]

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New post 19 Oct 2016, 07:01
FROM mbaMission Blog: Professor Profiles: Julie Hennessy, Northwestern’s Kellogg 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 focus on Julie Hennessy from the Kellogg School of Management at Northwestern University.

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Before students even began describing the quality of their educational experiences with Julie Hennessy to mbaMission, they noted that she “cares a lot” and “makes herself available to chat and talk about recruiting.” In addition to teaching Kellogg MBA students as a clinical professor of marketing, Hennessy teaches executive education at leading firms, and students we interviewed reported that she draws on these experiences in class, but does not just tell stories. Instead, Hennessy challenges students and teases out the responses that facilitate learning. Students with whom we spoke also referred to her as “funny and energetic.” Not surprisingly, then, Hennessy won the school’s 2007 L.G. Lavengood Outstanding Professor of the Year Award—which is voted on by Kellogg students. In addition, she has won four student impact awards and five Chair’s Core Course Teaching Awards—with the most recent having been conferred in 2013 and in 2010–2011, respectively. The school’s Web site notes that Hennessy focuses her writing efforts on producing new cases for class discussion; she has completed cases on such brands as TiVo, Apple iPod, Invisalign Orthodontics, and (as separate cases) the antibiotics Biaxin and Zithromax.

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

The post Professor Profiles: Julie Hennessy, Northwestern’s Kellogg School of Management 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
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Carnegie Mellon University Tepper Essay Analysis, 2016–2017 [#permalink]

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New post 19 Oct 2016, 12:00
FROM mbaMission Blog: Carnegie Mellon University Tepper Essay Analysis, 2016–2017
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This application season, Carnegie Mellon University’s Tepper School of Business has streamlined its essay prompts down to just one and broadened the scope of the query to leave the decision of what to share largely up to the candidate. Rather than asking applicants about a defining moment and how they anticipate contributing to and benefitting from their experience in the Tepper program, the school poses what those familiar with the entrepreneurial/start-up world will readily recognize as a kind of “elevator pitch.” Candidates must distill what they feel are the most meaningful elements of their candidacy into a brief and compelling sound bite of sorts. Read on for our suggestions on how you might accomplish this…

Your essays are a great way for us to really get to know who you are. There are no right or wrong answers here – be authentic and tell us what we won’t find in the rest of your application. Only one essay is required. There also is an optional essay if there is additional information you wish to share with the admissions committee about your candidacy.

Essay 1: (Maximum 300-350 words, 12-point font, double-spaced): Imagine that you meet up with a member of the admission committee at an airport while on a layover. You have an opportunity to make a memorable impression. Use this essay to introduce yourself. Include any information that you believe is important for the committee member to know about you both professionally and personally.

With a limit of just 300–350 words, you do not have a lot of room to get too detailed here, so heed the school’s directive—“tell us what we won’t find in the rest of your application”—and steer away from providing a basic rundown of your current job title and company, your undergraduate institution, your extracurriculars, and/or any other statistics and data points that the admissions committee will already have. This is not an invitation to just offer a laundry list of attributes or achievements but to “make a memorable impression” (emphasis ours). Although you want to use this essay to convey key information about your candidacy, before you start writing anything, take a few minutes to actually imagine yourself in this situation in real-life. What do you think you would truly say to an admissions officer in such a setting? We are pretty sure you would not whip out your resume, begin detailing your greatest achievements, and outline the career you hope to have after graduating. Some of this information may indeed be part of what you want your brief message to be, but you should be natural and realistic in your approach. And given that being able to streamline your central, most crucial messages and facts into a readily accessible, compelling, yet brief statement is a valuable—if not required—skill in the workplace, this essay may also give Tepper insight into your abilities in that regard

So, go beyond the bullet points in your resume and consider touching on personal qualities that are distinctive and representative of who you are as an individual, providing some ideas of how or what you could contribute to the Tepper environment, sharing your post-MBA goals, explaining your reason for wanting the degree, and/or clarifying why you feel you need an MBA now in particular. Business schools generally want to know (whether they ask directly or not) what candidates have in mind when they apply to an MBA program. To change careers? Advance in their current one? Hone certain skills? Gain exposure to a particular aspect of business or build a stronger network? Keep all these ideas in mind when deciding what to include in your essay, and work to supply the admissions committee with any such details you feel are most relevant for your candidacy. We recommend downloading your free copy of the mbaMission Personal Statement Guide to help you better understand the primary points schools often request and get some ideas on how you might frame or incorporate them into your essay.

Though this may be easier said than done for some applicants, do your best to infuse your personality into your submission as much as possible. Let your approach and style reflect how you generally conduct yourself. Are you typically light-hearted or more blunt and forthright? Do you tend to be creative and visionary or more grounded and conservative? This essay will be the school’s first glimpse into who you are beyond the short answers, flat facts, and numbers provided in the rest of your application, so you want to try to convey your individuality and character along with your key points.

Optional Essay: Use this essay to convey important information that you may not have been otherwise able to convey. This may include unexplained resume gaps, context for recommender selection, etc. If you are a re-applicant, explain how your candidacy has strengthened since your last application.

Tepper’s optional essay prompt is somewhat broad in the sense that it does not demand that you discuss only problem areas in your candidacy. However, the second line of the prompt seems to imply that the admissions committee expects the essay to be used for just that. If an element of your profile would benefit from further explanation—such as a poor grade or overall GPA, a low GMAT or GRE score, or a legal or disciplinary issue—this is your opportunity to address it and answer any related questions an admissions officer might have. We caution you against simply trying to fill this space because you fear that not doing so would somehow count against you, and do not interpret this as a blank-slate invitation to dump every bit of remaining information about yourself that you feel the school is lacking or to offer a few anecdotes you were unable to use in your required essay. Although no word limit is stipulated, be mindful that by submitting a second essay, you are making a claim on an (undoubtedly very busy) admissions representative’s time, so you be sure that what you have written is worth the additional resources and effort. For more guidance, see our mbaMission Optional Essays Guide, in which we offer detailed advice (along with multiple examples) on when and how to take advantage of the optional essay.

If you are a reapplicant, this essay is pretty straightforward. Whether you have improved your academic record, received a promotion, begun a new and exciting project, increased your community involvement, or taken on some sort of personal challenge, the key to success with this essay is conveying a very deliberate path of achievement. Tepper wants to know that you have been actively striving to improve yourself and your profile, and that you have seized opportunities during the previous year to do so, because a Tepper MBA is vital to you. The responses to this essay question will vary greatly from one candidate to the next, because each person’s needs and experiences differ. We are more than happy to provide one-on-one assistance with this highly personal essay to ensure that your efforts over the past year are presented in the best light possible.

The post Carnegie Mellon University Tepper Essay Analysis, 2016–2017 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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MBA Career News: Conducting High-Impact Networking Meetings [#permalink]

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New post 19 Oct 2016, 13:00
FROM mbaMission Blog: MBA Career News: Conducting High-Impact Networking Meetings
In this new blog series, our mbaMissionCareer Coaches 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 schedule a free half-hour consultation with one of our mbaMission Career Coaches, click here.

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Once you have secured a networking meeting, you should make the most of the opportunity. Prepare for the meeting with the same level of seriousness as you would for a formal interview:

  • Conduct industry, company, and contact research so you can generate ideas for potential questions and can customize how you talk about yourself.
  • Adapt and practice your pitch (your story/what you want to be remembered for).
  • Prepare (at least five to six) tailored questions to ask during the meeting.
During the conversation, focus on your goals. We suggest a three-part agenda:

  • Opening: Establish a common bond, explain the purpose of your meeting, and deliver your pitch.
  • Discussion: Ask your prepared questions, and gather advice/insights. Don’t ask for a job; communicate your knowledge of/passion for the industry and the company.
  • Closing: Adhere to time limits. Be appreciative and offer to help them with their career in the future. Ask for referrals/recommendations based on what you have heard.

We offer a few final networking reminders:

  • Make it a conversation, not an interview of your contact. Listen carefully to the contact’s answers, and ask thoughtful follow-up questions that show you are engaged in the conversation.
  • Send personalized thank you notes.
  • Track your networking conversations including the person with whom you spoke, the date on which you spoke, what you spoke about/what you learned, next steps/action items, and your perceptions of the conversation.
  • Set a plan for keeping in touch with your contact; you want to transform the conversation from a transaction into a relationship. Think about meaningful reasons to reach out to him/her in the future and ways you can help the contact.
Have you been admitted to business school? If so, do you want to get a head start on defining your career goals? Do you need help preparing for job interviews or learning how to effectively network with your target employers? Or maybe you want to be a top performer in your current role but are unsure how to maximize your potential. Let an mbaMission Career Coach help via afree 30-minute consultation!

The post MBA Career News: Conducting High-Impact Networking Meetings 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
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Beyond the MBA Classroom: Tuck ‘Tails [#permalink]

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New post 20 Oct 2016, 07:00
FROM mbaMission Blog: Beyond the MBA Classroom: Tuck ‘Tails
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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Tuck ‘Tails are “happy hours” that occur almost every Thursday at the Tuck School of Business at Dartmouth College. Open to everyone on campus, they are typically sponsored by a different student group each week. Faculty and students gather over beer, wine, and other refreshments. A recent graduate we interviewed noted, “The Tuck ’Tails are fun and usually linked to different events and clubs. They are chill but sometimes lead to bigger parties!” The events are generally held on campus, but when the weather is nice, the festivities are sometimes moved to a tent outside or onto the deck in the school’s Living and Learning Complex. Tuck ‘Tails are also hosted around the world by local alumni—in 2016, global ‘Tails have taken place at such cities as Mexico City, London, Sydney, and Toronto.

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

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Diamonds in the Rough: Improved Facilities at Washington University’s  [#permalink]

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New post 20 Oct 2016, 12:00
FROM mbaMission Blog: Diamonds in the Rough: Improved Facilities at Washington University’s Olin 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.

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Washington University’s Olin Business School announced in 2011 that lead gifts totaling $25M from two of its benefactors would support a plan to construct two new facilities for its graduate program—Knight Hall and Bauer Hall. The $90M expansion was completed in the spring of 2014—several months earlier than expected—and added seven new classrooms, 75 faculty offices, a 100-seat café, graduate student services, lounges, an Active Learning Lab, and a new event space called The Forum. A three-dimensional rendering of the buildings, which received LEED Gold certification in 2014, can be seen here.

Although Olin is a smaller sized program (128 full-time MBA students in the Class of 2018) and is noted for its highly collaborative culture, the expansion allows the school to grow its class size while providing more space and resources.

Olin may also be well positioned to tap into St. Louis’s burgeoning start-up sector. According to a 2013 report by the career hub Dice, “The number of St. Louis–based technology jobs posted on Dice jumped 25 percent year/year. And those new tech jobs are coming at a higher price tag too: average tech salaries are up 13 percent year/year to $81,245. […] St. Louis is becoming a start-up town.”

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Friday Factoid: International Opportunities at UCLA Anderson [#permalink]

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New post 21 Oct 2016, 08:00
FROM mbaMission Blog: Friday Factoid: International Opportunities at UCLA Anderson
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Global Immersion Program at UCLA

Although UCLA Anderson might not be as well known internationally as other top-ranked U.S. business schools, it has invested in the development of resources dedicated to international business. International courses include “International Business Economics,” “Global Operations Strategy,” and “Business and Economics in Emerging Markets,” which explores market reform processes in such destinations as China, paying particular attention to issues including privatization, political and economic risk, and global competitiveness.

Meanwhile, approximately 40 fully employed, executive, global executive, and full-time MBA students take part in each of the Global Immersion Program courses, which include completing three to four classes at the school before spending a week abroad exploring the local culture, visiting companies, and participating in lectures. The program commenced in 2008 for fully employed and executive MBA students, and it expanded in 2010 to include full-time MBA candidates. Since its launch, the program has been conducted more than 40 times, and participants have traveled to such countries as China, India, Peru, South Africa, and Saudi Arabia. Courses in 2015–2016 included “Doing Business in Central Europe,” “The Economic Environment and Business Opportunities in Chile,” and “Business Opportunities in an Indebted Country.”

Indeed, at Anderson, international opportunities (quietly) abound.

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

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MBA Admissions Myths Destroyed: My High GMAT Score Will Get Me In! [#permalink]

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New post 22 Oct 2016, 07:01
FROM mbaMission Blog: MBA Admissions Myths Destroyed: My High GMAT Score Will Get Me In!
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So, you have taken the GMAT and exceeded even your highest expectations, scoring at the very top of the scale. Congratulations! However, do not assume that earning such a high GMAT score means you can relax with respect to the other components of your application. Every year, applicants who have scored 750 or higher are rejected from their target business schools—even when their GMAT score falls within the top 10% of the schools’ range. Many of these candidates were rejected because of a fatal, but ultimately avoidable, mistake: they became overconfident and assumed their GMAT score alone would get them in.

Business schools want to learn a lot more about you than your GMAT score alone can convey. MBA admissions committees are interested in hearing about your ambitions, accomplishments, leadership skills, teamwork experience, perseverance, motivation, integrity, compassion… The list goes on and on. Fundamentally, admissions committees need to determine whether you will be a vital and contributing member of their community, and your GMAT score tells them only that you can do the work.

Heed our advice—even (or especially!) those of you with a 780 score—and commit yourself to the rest of your application with the same enthusiasm with which you approached the GMAT.

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Serial Entrepreneur Daniel Chait Discusses His Latest Success, Greenho [#permalink]

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New post 22 Oct 2016, 12:00
FROM mbaMission Blog: Serial Entrepreneur Daniel Chait Discusses His Latest Success, Greenhouse
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.

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Daniel Chait, CEO of Greenhouse

Daniel Chait is a veteran entrepreneur with three businesses under his belt—the first of which, software product company Business Velocity, was born in 1998 at the height of the dot-com boom. After subsequently cofounding the consulting firm Lab49, Chait launched Greenhouse, a recruiting software company, in 2012. Listen to the podcast episode to hear what Chait learned from each company as he touches on these details and more:

  • Why his summer vacations consisted of paid software projects from an early age instead of the more typical trips or relaxation
  • How Greenhouse has quickly risen from its launch in 2012 to a $60M company
  • What the founding and lifespan of each company taught Chait as he prepared for his next endeavor
Subscribing to the podcast series brings you the latest episodes as they are released!

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GMAT Impact: All About Critical Reasoning, Part 1 [#permalink]

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New post 23 Oct 2016, 07:01
FROM mbaMission Blog: GMAT Impact: All About Critical Reasoning, Part 1
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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.

Which type of Critical Reasoning (CR) question drives you crazy? Boldface? Find the Assumption? Inference?

The Critical Reasoning Process

Before you dive into individual question types, knowing the overall CR process is critical. Here are a few key notes:

  • There are four major* and five minor question subtypes, and each one has its own particular technique details. We will talk about the four major types in this post; check back next week for more information on the five minor types.
  • Your job is to learn the overall process/strategy for CR as well as the techniques specific to each question subtype.
*Note: Major types show up more frequently than minor types.

To master CR, you should be able to answer the following questions about each question type:

  • How do I recognize this question type?
  • What kind of information should I expect to find in the argument, based on this question type? What kind of information is going to be the most important?
  • What is the goal for this question type? What characteristics must the correct answer have?
  • What kinds of traps will be set for me? What are the common wrong answer types for this question type?
The Assumption Family

Assumption Family questions always involve a conclusion. This group consists of five subtypes overall. Here are the three major ones in this category:

Find the Assumption: What does the other assume is true when drawing the conclusion? Want to try another?

Strengthen the Conclusion: What new information would help to make the conclusion a little more likely to be true?

Weaken the Conclusion: What new information would help to make the conclusion a little less likely to be true?

The Evidence Family

Evidence Family questions really do not have conclusions (never “big” conclusions, like the Assumption arguments, and usually no conclusions at all).

This group consists of two subtypes overall, but only Inference questions are a major type:

Inference: Given the information in the argument, which answer choice must be true?

Spend some time mastering those four major types, as well as the overall CR process.

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Monday Morning Essay Tip: Own Your Story [#permalink]

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New post 24 Oct 2016, 07:00
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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mbaMission Releases Updated Free Interview Primers for 2016–2017 with  [#permalink]

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New post 24 Oct 2016, 12:00
FROM mbaMission Blog: mbaMission Releases Updated Free Interview Primers for 2016–2017 with New Additions: INSEAD and LBS!
Have you ever wondered what business school admissions committees are looking for in MBA interviews?

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Drawing on our experience in preparing countless clients for their MBA interviews, we have updated our series of Interview Primers, which now covers 17 individual top-ranked schools—including our new additions, INSEAD and London Business School (LBS)—for the 2016–2017 admissions season! The primers feature valuable information about the programs’ interview processes, notoriously difficult questions, and past applicants’ experiences.

To help you understand what to expect in an interview with your target school and prepare accordingly, each Interview Primer provides the following useful details:

  • Insight into what the school is evaluating and hoping to gain from the interview
  • An explanation of the school’s approach to interviewing (self-scheduled or invite only, blind versus comprehensive, etc.)
  • Lists of the school’s most common questions and themes
  • Past applicants’ firsthand accounts of their interview experiences
  • Tips on preparing for and responding to common question types
  • Help with formulating compelling questions of your own
  • Advice on managing the entire interview process, from scheduling to thank you notes

Download the primers free of charge to ensure you are ready to rock your interview! And for even more targeted interview prep, try our Individual Mock Interview Sessions (starting at $525), including our one-of-a-kind offering, the HBS Mock Interview and Post-Interview Reflection Support ($725).

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Mission Admission: Finish Your Recommendations on Time [#permalink]

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New post 25 Oct 2016, 07:01
FROM mbaMission Blog: Mission Admission: Finish Your Recommendations on Time
Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday.

As Round 2 application deadlines approach, many candidates find themselves immersed in stress—busy juggling multiple essays and revising their resume. Often in the midst of all this, an alarming question suddenly springs to mind: “What if my supervisors do not get their letters done by the deadline?”

In our opinion, the easiest way to ensure that your recommenders complete their letters on time is to present them with your own deadline—one that is a bit earlier than the school’s—when you first ask them to provide a recommendation for you. If the application to your school of choice is due on January 15, for example, tell your recommenders that you are submitting on January 8. Incidentally, submitting your application early can be good for your sanity as well. By setting this advanced deadline, you can put some additional pressure on your recommender on the 8th if he/she has not yet finished the letter, so you should still be able to submit by the school’s official deadline.

Most people work to deadlines. Alleviate unnecessary stress by setting your recommenders’ deadlines one week early, and “enjoy” the application process a little bit more.

For more information on properly selecting, communicating with, and managing your recommenders, check out our Letters of Recommendation Guide.

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Professor Profiles: Terry Taylor, UC Berkeley Haas School of Business [#permalink]

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New post 26 Oct 2016, 07:01
FROM mbaMission Blog: Professor Profiles: Terry Taylor, UC Berkeley Haas 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 focus on Terry Taylor from the Haas School of Business at the University of California (UC), Berkeley.

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After stints at Columbia Business School and the Tuck School of Business at Dartmouth, Terry Taylor joined the faculty at the University of California, Berkeley, Haas School of Business in 2007. Considering that Taylor, who has a PhD from Stanford in management science and engineering, is often named in student blogs and online student chats as a favorite among the school’s aspiring MBAs, he not surprisingly won the Earl F. Cheit Award for Excellence in Teaching in 2009 and again in 2011. He was also named the fifth most popular professor at a top U.S. business school by Bloomberg Businessweek in 2011.

Taylor’s academic interests include the economics of operations management and supply chain management. His core “Operations” (previously “Operations Management”) course looks at operational issues confronted by manufacturing and service companies. In addition to reportedly having a well-organized curriculum and classes—which a second year we interviewed said include “no down time”—Taylor can make technical subjects very interesting, sometimes even using references to Seinfeld episodes to illuminate concepts. A second year told mbaMission, “He’s pretty young and has a style that mixes high energy with a dry sense of humor.”

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

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MBA Career News: Requesting Networking Meetings [#permalink]

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New post 26 Oct 2016, 12:01
FROM mbaMission Blog: MBA Career News: Requesting Networking Meetings
In this new blog series, our mbaMission Career Coaches 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 schedule a free half-hour consultation with one of our mbaMission Career Coaches, click here.

We know that requesting informational networking meetings can be intimidating, but we believe preparation can help increase your confidence and, more importantly, your success!

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As you prepare to reach out to a potential contact, we advise you to consider the following questions:

  • What is my personal brand/pitch? How is my experience relevant to my target audience? How can I communicate this in a concise and memorable way?
  • What information do I need to know about the contact to be prepared to email/call him or her?
  • What do I want from this contact? What is the goal of my conversation?
  • What can I offer the contact? (Remember: networking is a two-way street!)
When you are ready to reach out, follow these tips for crafting your email:

  • Make it short and concise (i.e., fewer than 150 words).
  • Use a detailed, descriptive, and direct subject line.
  • Write in a courteous and appreciative tone (and be sure to proofread before hitting Send!).

Consider the following structure:

  • Paragraph 1: Start with your connection. Explain who you are (using a version of your pitch that shows your credibility/relevance) and how you got the contact’s name and information.
  • Paragraph 2: Explain what you want and why you are asking the contact for help. Be as clear and specific as possible, but do not mention jobs.
  • Paragraph 3: Offer specific availability, and then thank the contact for his or her time.  
Do not get discouraged if you do not receive an immediate response. It is possible that the person wants to help you but has not found the time to respond to your email. Consider following up with a thoughtful email two to three weeks after your first outreach. (But do not follow up a third time—three times is not a charm with networking!)

Have you been admitted to business school? If so, do you want to get a head start on defining your career goals? Do you need help preparing for job interviews or learning how to effectively network with your target employers? Or maybe you want to be a top performer in your current role but are unsure how to maximize your potential. Let an mbaMission Career Coach help via a free 30-minute consultation!

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Beyond the MBA Classroom: Fuqua Fridays and End-of-Term Parties [#permalink]

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New post 27 Oct 2016, 08:00
FROM mbaMission Blog: Beyond the MBA Classroom: Fuqua Fridays and End-of-Term Parties
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.Image

Every Friday evening, students, partners, professors, and administrators at Duke University’s Fuqua School of Business meet for drinks and snacks at the Fox Center for Fuqua Fridays. One second year told mbaMission, “Fuqua Friday’s a really great way to bring everyone together in the same place. It provides a chance to unwind.” It is the primary regular event at which the school’s greater community comes together—one-half to three-quarters of the student body usually attends. Some Fuqua Fridays have themes, such as Casino Night, a version of television’s Top Chef or Iron Chef, an International Food Festival, and Green Week. Another second-year student we interviewed insisted that Fuqua Fridays are not to be missed, adding, “It brings everyone together when we are in a positive mind-set.”

At the end of each term, students let off steam at an End-of-Term Party—past events have included a Halloween party, a luau, and a black-tie optional party. These parties sometimes draw as many as 500 attendees, if not more. A second-year student told mbaMission, “[The] end-of-term parties are crazy. [They’re] a huge part of our fabric and a way to spend social time bonding with people you might not see outside of class. They’re a huge reason why I love this school.”

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

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mbaMission

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