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mbaMission Admissions Consultant
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Professor Profiles: Jonathan Knee, Columbia Business School [#permalink]
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FROM mbaMission Blog: Professor Profiles: Jonathan Knee, Columbia Business School

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. Today, we focus on Jonathan Knee from Columbia Business School (CBS).

Jonathan Knee is the Michael T. Fries Professor of Professional Practice of Media and Technology at CBS and the co-director of the school’s Media and Technology Program. Knee is also still active in the private sector as a senior advisor (formerly a senior managing director) at the advisory and investment firm Evercore Partners. He is perhaps best known among CBS students for his book The Accidental Investment Banker: Inside the Decade that Transformed Wall Street (Oxford University Press, 2006) and, we are told, brings a unique perspective into the classroom by showing where entertainment and finance cross paths. In his latest book, Class Clowns: How the Smartest Investors Lost Billions in Education (Columbia Business School Publishing, 2017), Knee explores investors’ efforts in higher education. Students reported to mbaMission that his “Mergers and Acquisitions in Media” class is intense and that the course’s final presentation—made before a guest panel of practicing investors—feels like the real deal. One alumnus who took a class with Knee said the benefits of having an active advisor as a teacher were the business insight and guest speakers the professor brought into the classroom.

For more information about CBS and 16 other top-ranked business schools, check out the free mbaMission Insider’s Guides.
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mbaMission Offers Free In-Person Consultations in Raleigh, San Francis [#permalink]
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FROM mbaMission Blog: mbaMission Offers Free In-Person Consultations in Raleigh, San Francisco, Boston, Chicago, London, and Washington, D.C.!
Are you a business school applicant in need of some guidance from an admissions advisor? If so, then we want to meet you for a free in-person consultation! In the coming weeks, mbaMission will be hosting FREE in-person, one-on-one consultations in the following cities:

  • Raleigh, North Carolina: Saturday, April 28, 2018
  • San Francisco, California: Saturday, April 28, 2018
  • Boston, Massachusetts: Sunday, April 29, 2018
  • Chicago, Illinois: Sunday, April 29, 2018
  • London, England: Sunday, April 29, 2018
  • Washington, D.C.: Thursday, May 3, 2018
During your free in-person consultation, your admissions advisor will answer all of your most pressing MBA application questions, including the following:

  • What are my chances of being admitted?
  • How can I differentiate myself from so many other applicants?
  • What is the best way to showcase my accomplishments or mitigate my weaknesses?
To sign up for a free in-person consultation in any of these cities, please fill out the form located on our Free Consultation submission page at www.mbamission.com/consult. We will reply to you within one business day with a link to schedule your appointment.

We look forward to getting to know some of this season’s best and brightest business school applicants!
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Harvard Business School Announces 2018–2019 Deadlines and Required Ess [#permalink]
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FROM mbaMission Blog: Harvard Business School Announces 2018–2019 Deadlines and Required Essay
Yesterday, in a message from its admissions director, Chad Losee, Harvard Business School (HBS) announced its 20182019 deadlines for Round 1 and Round 2:

In the post, Losee also encouraged applicants to get a head start on brainstorming the one required essay, which remains the same as last year:

You can start working on the Class of 2021 application in early June 2018 when we open up the application, but in the meantime feel free to start thinking about the one required essay, which has remained the same: “As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA Program?”

Losee also announced an optional webinar, which promises to walk applicants through each element of the MBA application. In closing, Losee addressed the HBS admissions committee’s progression with 2+2 and Round 3 applications:

For those of you who recently applied for our 2+2 program, we are really enjoying getting to know you through your applications! I will post again on Friday, April 20 to let you know specifics about interview invitations and other important dates. And, for our Class of 2020 Round 3 interviewees, we can’t wait to meet you soon.

For more information, please visit the following page: www.hbs.edu/mba/admissions/Pages/from-the-admissions-director.aspx

HBS receives more than 9,000 applications each year. How will you ensure that your essays will grab the attention of an overworked HBS admissions officer? Join us on Monday, April 30, 2018, for Writing a Standout Harvard Business School Essay, a free webinar during which mbaMission’s founder/president will help you conceptualize your essay ideas and understand how to execute them, so that your experiences truly stand out!

For a complete list of 2018–2019 business school deadlines, be sure to check our Application Deadlines page. We will be updating our list as business schools release their deadlines in the coming months.

Finally, stay tuned to the mbaMission blog for our analysis of the 2018–2019 HBS essay question, and be sure to download our free Insider’s Guide to Harvard Business School!
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Earn an MBA in Canada at the Rotman School of Management or Ivey Busin [#permalink]
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FROM mbaMission Blog: Earn an MBA in Canada at the Rotman School of Management or Ivey Business School

Rotman School of Management

One of Canada’s top-ranked business schools for finance—the University of Toronto’s Rotman School of Management—benefits from the leadership of a foremost figure in the nation’s financial sector. After Roger Martin stepped down as the school’s dean, Tiff Macklem, the former senior deputy governor of the Bank of Canada, assumed the role in 2014 for a five-year term.

Rotman, which was ranked second among Canadian MBA programs by the Financial Times in 2018 and 22nd among programs outside the United States by Bloomberg Businessweek in 2017, underwent significant growth under Martin’s deanship, in both campus size and endowment. Macklem’s appointment as dean suggests a continued rise in Rotman’s academic profile and its reputation for financial education. “He has vast experience managing large institutions, translating academic research into public policy, and representing Canada on the world stage,” stated the university’s vice president and provost.

In addition to its finance-related strengths, Rotman offers a rather unique approach to core business pedagogy. Relying on what it terms “integrative thinking,” Rotman’s teaching model challenges the compartmentalization of traditional functional areas. Students complete a series of core courses in their first year that emphasize generalized business skills and the ability to think across functional disciplines. In their second year, they are given the option to choose from among 16 different major areas, while supplementing their focus with a broader array of elective courses.


Ivey Business School

Approximately 125 miles from Rotman, at the University of Western Ontario, stands Ivey Business School, which the Financial Times ranked as the third-best Canadian MBA program in 2018. The Ivey MBA program runs over the course of one year and is, according to the school’s Web site, designed for “high-achieving leaders who are ready to accelerate their career success.”

At Ivey, MBA students take part in real-world projects and can benefit from optional global learning opportunities and career management guidance, in addition to taking such core courses as “Leveraging Information Technology,” “Managing Financial Resources,” and “Communicating Effectively.” Study trips are available to Asia and South America during the electives period, while the Ivey Field Project allows students to form teams and work with real companies to find a solution for an issue or an opportunity before presenting their findings to the company.
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Harvard Business School Essay Analysis, 2018–2019 [#permalink]
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FROM mbaMission Blog: Harvard Business School Essay Analysis, 2018–2019

They say the early bird gets the worm. Almost one month earlier than last year, Harvard Business School (HBS) has released its application essay prompt. Maybe it was able to do so expeditiously because… it made no changes to the question from last year. HBS director of admissions Chad Losee, now entering his third application season, must feel the prompt is effective in eliciting the kind of information the admissions committee finds valuable in evaluating potential students. Our analysis of the prompt and advice on the best way to approach it therefore also remain constant…

“As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA Program?” (no word limit)

Take special note of the word “more” in this straightforward question. With it, the admissions committee is subtly acknowledging that it already has a lot of information about you that it can and will use to get to know you better, including your resume, extracurricular activities, recommendations, short-answer question responses, academic transcripts, and GMAT/GRE score. You should therefore think first about what these portions of your application convey about who you are as an individual and candidate, so you can determine which parts of your profile still need presenting or could benefit from more detail. Now, some applicants may fret that this means they absolutely cannot touch on anything mentioned elsewhere in their application, for fear that the admissions committee will become annoyed and reject them. However, HBS is not asking only for fresh information—it is asking for more, and specifically, whatever “more” you believe the committee needs to evaluate you thoroughly and fairly. So, even though a bullet on your resume may inform the school of a certain fact, if a profoundly important story lurks behind that fact that you feel effectively expresses a key part of your personality or skill set, you should not feel hesitant to share that story. That said, we are not advocating for you to explore your resume in depth, just trying to convey that “more” here does not mean strictly “thus far unmentioned.”

Before we discuss a few approaches you might take in framing this essay, we must note that your goal in writing it is sincerity. The admissions committee is not staffed by robots, seeking to detect a certain “type” of applicant. These are human beings who are trying to get to know you and really want to end up liking you! With this essay, you essentially want to forge a meaningful connection with a complete stranger, and if you try to present yourself as something or someone you are not, you will fail.

You, like many other applicants, may worry that your sincere stories will sound clichéd. For example, if you want to write about making a difference, you may wince simply thinking those words: “making a difference.” But the power of your story does not lie in the theme you choose (if you choose to write thematically, that is) but in the manner in which you reveal your actions. If you have truly made a significant difference in the lives of others and can own that angle by offering powerful anecdotes and demonstrating a deep emotional connection to others and profound purpose in your acts, you can write on this topic. Although more than a few candidates will undoubtedly submit clichéd pieces on making a difference, if you can capture your admissions reader’s attention fully and make a strong enough impression, the cliché aspect will disappear, and he or she will be impressed by your actions and character.

So, what approach might you take to this essay? The prompt is so open-ended that we cannot possibly capture all possible options, but here are a few:

  • Thematic approach: You could write about a characteristic or attribute that has woven its way throughout your life or that you have woven into your life. Do some self-exploration and see if you can identify a thread that is common to your greatest achievements, thereby illustrating its importance in bringing you to where you are today. Simply stating that theme is not enough—you need to really guide your reader through the illustrative events in your life to show how and why this theme manifests. In the end, your values are what need to come to the fore in this essay, rather than just a series of discrete episodes. (Note that highlighting your values is necessary with any approach you take to your HBS essay.)”
  • Inflection points: Maybe the key events and aspects of your life cannot be neatly captured or categorized within a neat and tidy theme. People are complex, meaning that many are not able to identify a singular “force” that unifies their life experience. If this is you, do not worry—instead, consider discussing a few inflection points that were instrumental in shaping the individual you are today. This does not mean writing a very linear biography or regurgitating your resume in detail. The admissions committee does not need or want such a summary and is instead interested in your ability to reflect on the catalysts in and challenges to your world view and the manifestations thereof. Likewise, you do not need to offer a family history or an overarching explanation of your existence. Simply start with the first significant incident that shaped who you are as an adult, and again, ensure that your essay ultimately reveals your values.
  • Singular anecdote: Although this is rare, you may have had a single standout experience that could serve as a microcosm of who you are and what you stand for. If this experience or moment truly defines you and strikes at the essence of your being, you can discuss it and it alone. You do not need to worry that offering just one anecdote will make your essay seem “skimpy” or present you as one-dimensional, as long as the story has inherent strength and power. You will need to delve into the narrative and let the story tell itself; if you are choosing to write a singular anecdote, the story should be sufficiently compelling on its own, without a lot of explanation.
You may have read through these three options and thought, “What about a fourth option, in which I discuss my goals and why HBS? Certainly they want to know about that!” The HBS admissions committee is a straight-shooting group—if the school wanted candidates to write about their goals and why HBS, or wanted them not to, the prompt would come right out and say so. The reality is that most people should not use this essay to discuss their career ambitions and interest in HBS, because doing so will not reveal that much “more” about them. For example, if you are a consultant who plans to return to consulting after graduation, we cannot imagine a scenario in which addressing your goals and why an HBS MBA is critical would constitute an effective use of this essay. However, if you are a medic at a bush hospital in Uganda and are applying to HBS with the goal of commercializing low-cost technologies to fight infectious diseases, this may well be a fitting topic for your essay, as you seek to connect the dots between your unusual (in a positive sense) career path and your aspirations. In short, for most candidates, we would suggest eschewing a “Why MBA? Why HBS?” approach, but in a few rare cases, it may be appropriate and compelling.

Finally, let us talk about word limits! HBS has not stipulated any particular parameters, but keep in mind that with each word, you are making a claim on someone else’s time—so you better make sure that what you have written is worth that additional time and effort. We expect that most of our clients will use between 850 and 1,000 words, with some using as few as 600 and a small minority using as many as 1,250. We have difficulty imagining a scenario in which an applicant would truly need more than 1,250, but we certainly know of candidates who were accepted with essays that exceeded that high target. In short, take the space you need to tell your story properly and showcase your personality and experience, and then work to reduce your essay to its lowest possible word count, without sacrificing any impact or effectiveness.

Have the Last Word: The Post-Interview Reflection (conditional on being interviewed)

From the admissions committee: “Following the interview, candidates are required to submit a written reflection using our online application system. This must be submitted within 24 hours following the completion of the interview. Detailed instructions will be provided to those applicants who are invited to the interview process.”

For the fourth consecutive year, HBS ask candidates who are granted an interview to complete one more written task. Within 24 hours of interviewing, you must submit some final words of reflection, addressing the question “How well did we get to know you?” As with the application essay, this post-interview reflection is open-ended; you can structure it however you wish and write about whatever you want to tell the committee. HBS urges interviewed applicants not to approach this reflection as a formal essay but instead “as an email you might write to a colleague or supervisor after a meeting.”

Some candidates may find this additional submission intimidating, but we encourage you to view it as an opportunity to reveal new aspects of your profile to the admissions committee. Because your HBS interviewer will have read your entire application before your meeting, you will likely discuss information from your resume, essays, recommendations, etc., during your interview. This post-interview reflection, then, could provide an opening for you to integrate new and different elements of your profile, thereby adding depth to your candidacy. For example, if you could not find a way to include the story of a key life experience of yours into your essays, but your interviewer touches on a similar story or something connected with this experience in your meeting, you would now have license to share that anecdote.

As soon as your interview is over, jot down all the topics covered and stories you discussed. If you interview on campus, note also any observations about your time there. For example, sitting in on a class might have reminded you of a compelling past experience, or participating in the case method may have provided insight into an approach you could use in some way in the future. Maybe the people you met or a building you saw made a meaningful impression on you. Whatever these elements are, tie them to aspects of your background and profile while adding some new thoughts and information about yourself. This last part is key—simply describing your visit will not teach the admissions committee anything about you, and a flat statement like “I loved the case method” will not make you stand out. Similarly, offering a summary of everything the admissions committee already knows about you will not advance your candidacy and would constitute a lost opportunity to keep the committee learning about who you are.

HBS offers some additional advice on the post-interview reflection that we strongly urge you to take seriously and follow:

  • We will be much more generous in our reaction to typos and grammatical errors than we will be with pre-packaged responses. Emails that give any indication that they were produced BEFORE you had the interview will raise a flag for us.
  • We do not expect you to solicit or receive any outside assistance with this exercise.
As for how long this essay should be, HBS again does not offer a word limit. We have seen successful submissions ranging from 400 words to more than 1,000. We recommend aiming for approximately 500, but adjust as appropriate to thoroughly tell the admissions committee what you feel is important, while striving to be succinct.

HBS receives more than 9,000 applications each year. How will you ensure that your essays will grab the attention of an overworked HBS admissions officer? Join us on Monday, April 30, 2018, for Writing a Standout Harvard Business School Essay, a free webinar during which mbaMission’s founder/president will help you conceptualize your essay ideas and understand how to execute them, so that your experiences truly stand out!

For a thorough exploration of HBS’s academic offerings, defining characteristics, crucial statistics, social life, community/environment, and other key facets of the program, please download your free copy of the mbaMission Insider’s Guide to Harvard Business School.

The Next Step—Mastering Your HBS Interview: Many MBA candidates find admissions interviews stressful and intimidating, but mastering this important element of the application process is definitely possible—the key is informed preparation. Download your complimentary copy of the Harvard Business School Interview Primer today, and be sure to also check out our tailored HBS Mock Interview and Post-Interview Reflection Support.
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What to Do If You Are Just Getting Started with the GMAT [#permalink]
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FROM mbaMission Blog: What to Do If You Are Just Getting Started with the GMAT
With regard to the GMAT, raw intellectual horsepower helps, but it is not everything. 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.
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MBA Admissions Myths Destroyed: The “Right” Path [#permalink]
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FROM mbaMission Blog: MBA Admissions Myths Destroyed: The “Right” Path

Each year, we hear from a few people who think their professional position is a liability when applying to business school: “I am a school teacher. Maybe if I transitioned to consulting, I would get into the school of my dreams.” Although bankers and consultants are certainly much more represented at top business schools than teachers, this is not evidence of a bias among admissions officers, but of the nature of those workplaces. Most bankers and consultants need an MBA to progress past a certain point on the corporate ladder, whereas no teacher truly needs that MBA to progress.

What is more important than focusing on an industry or on a particular community endeavor is your performance in your endeavors. Classes at top-ranked MBA programs have space for high-performing consultants, bankers, and teachers—something that cannot be said for low-performing individuals in any field. Top programs want a diversity of experience in their classrooms and the promise of achievement going forward, not a job title.
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Limit the Use of “I” When Beginning Sentences in MBA Application Essay [#permalink]
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FROM mbaMission Blog: Limit the Use of “I” When Beginning Sentences in MBA Application Essays, and Never Use “Etc.”
Although putting yourself at the center of the stories in your MBA application essays is certainly important, a common mistake applicants tend to make is beginning too many sentences with the word “I.” As a general rule, you should never begin two sentences in a row this way. Consider the following example:

“I worked for three years at ABC Plastics, a small injection molding company. I was responsible for overseeing the overall management of ABC Plastics, from day-to-day operations to strategic planning. I managed 100 people. I worked very long hours, but I learned more than I could have ever imagined.”

Now, consider the same statement reworked to avoid using “I” at the beginning of subsequent sentences:

“For three years, I worked at ABC Plastics, a small injection molding company. My responsibilities at ABC included overseeing the overall management of the company, from day-to-day operations to strategic planning. Because I supervised more than 100 staff members, my days were long, but the experience taught me more than I could have ever imagined.”

As you can see, the second example reads much better than the first—and none of the sentences in the second example begin with “I.”

Our next tip applies to the entire essay, instead of just the beginning of a sentence. As a general rule, “etc.” should never appear in the text of your MBA application essays. Consider the following sentences:

  • I helped draft prospectuses, analyze key company data, value companies, etc.
  • I look forward to courses such as “Small Business Management,” “Leading Teams,” “Multiparty Negotiations,” etc.
In the first example, “etc.” replaces information that the reader values. The reader cannot make the leap and just assume where the writer’s experiences lead and what they include. In the second example, “etc.” trivializes the school’s resources and may even suggest to the admissions committee that the applicant is just too lazy or disinterested to properly do his/her research.

We are at a loss to think of one instance in which “etc.” could be used appropriately in a business school essay. Very simply, ensure your essays do not include this term.
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Professor Profiles: James E. Schrager, the University of Chicago Booth [#permalink]
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FROM mbaMission Blog: Professor Profiles: James E. Schrager, the University of Chicago Booth 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. Today, we focus on James E. Schrager from the University of Chicago Booth School of Business.

Although he has a PhD from the University of Chicago in organizational behavior and policy, James E. Schrager is not just an academic, but also a practitioner who helped take the first private American company public on the Tokyo Stock Exchange and helped turn around aspects of the Pritzker family holdings, which were ultimately sold to Warren Buffett’s Berkshire Hathaway. Students we interviewed noted that Schrager brings his high-level experiences to class but remains entirely in touch with students’ more modest perspectives, adapting his anecdotes accordingly and creating practical learning points that pertain to what students will face early in their post-MBA careers. Schrager is a three-time winner of the university’s Emory Williams Award for Excellence in Teaching (in 2007, 2001, and 1996), and he received the Faculty Excellence Teaching Award in 2017. One second-year student told mbaMission, “He is not up in the sky, but very practical, and by the way, his class is always full.” Students’ grades in Schrager’s “New Venture Strategy” class are based in part on the success of a business idea the students present to their peers—the other students act as venture capitalists and give feedback on the idea.

For more information about Chicago Booth and 16 other top-ranked business schools, check out our free mbaMission Insider’s Guides.
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Create a Plan to Excel at Work [#permalink]
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FROM mbaMission Blog: Create a Plan to Excel at Work

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.

You spent a lot of time thinking about your personal brand and how to communicate your value to an employer during the interview process, so do not stop now. With your offer letter signed, be strategic about how to excel in your new role. Here are a few tips to get you started.

Prior to Starting Your New Job

  • Update your advocates within the firm. Express excitement about the opportunity, and thank them for their support.
  • Connect with your hiring manager (or human resources) to find out if there is anything you can do to prepare before arriving on the first day of work.
  • Brainstorm your professional goals for this new role, and write them down. What do you want to learn? What are your strengths, and how do you see yourself leveraging them for this role? What are your areas of development? How do you want to present yourself?
  • Think about your preferred methods of getting work done—and whether you will need to adapt them in this role. (Use the Culture Match information in CareerLeader to guide your thought process.)
  • Check out expert resources on this topic such as Jodi Glickman’s “Make ‘Em Love You at Work” course as well as the recent article, “The Right and Wrong Way to Manage Up at the Office,” in the Wall Street Journal.
Within the First 90 Days

  • Gain clear expectations from your manager. What are the metrics of success? What does success look like? How does your manager prefer to communicate?
  • Learn about the company’s culture and unspoken norms. How are decisions made? How are meetings used? Are you expected to voice your opinion? If so, how and in what manner?
  • Network within your team, department, and company. Meet as many people as possible—go to coffee or lunch with them—but ask your manager or peers for advice on the best approach. During these meetings, show your curiosity and learn how each department and person contributes to the company’s mission and project goals. Build your brand. Show your willingness to contribute.  
  • Take initiative, but demonstrate the right amount of initiative. Do not come with problems; instead, offer suggestions. Ask for help in a productive way, when necessary.
  • Seek feedback. Make sure that your behaviors and performance are being seen in a positive way.
After 90 Days (and Ongoing)

  • Revisit your professional goals, both short and long term. Have they changed in the first three months of your employment? Confirm your perception of your strengths and areas of development.
  • Identify three skill or knowledge development areas, and create a tangible action plan with specific “to-dos” to move you forward. Tactical steps could be things like the following:
    • Volunteer for a committee or task force.
    • Offer to complete tasks outside of your comfort zone.
    • Ask a colleague for help.
    • Sign up for an online course (from Lynda.com, General Assembly, Udemy, etc.).
    • Schedule time each week to track your accomplishments.
    • Carve out time each week to feed your curiosity or listen to the opinions of industry thought leaders.
    • Keep in touch with your mentors.
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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Campus Facilities and Development at Duke Fuqua and MIT Sloan [#permalink]
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FROM mbaMission Blog: Campus Facilities and Development at Duke Fuqua and MIT Sloan
The Fuqua School of Business is located on Duke University’s West Campus near the intersection of Science Drive and Towerview Drive. Students often congregate in the Fox Student Center, a 70,000-square-foot facility that was built in 2002. Linking the main wings of the school and featuring a café, enormous windows, and a spacious indoor winter garden, the Fox Student Center is the hub of the school. Students can eat breakfast and lunch there, grab a coffee, conduct team meetings, or just take a breather between classes or during the 15-minute break in each class period.

In August 2008, Fuqua opened the 91,000-square-foot Doug and Josie Breeden Hall, the “new front door of the School for students and visitors,” as it was described in the student newspaper, the Fuqua Bulletin. Named after former dean Douglas Breeden (2001–2006), the building boasts a three-story atrium, two auditoriums (which seat 126 and 146 people), the expanded Ford Library, three 70-seat lecture rooms, and a suite of team rooms.

All told, Fuqua’s campus covers nearly 500,000 square feet, with 58 team rooms, 10 classrooms, and 7 seminar rooms. In 2015, the school undertook a major renovation project for the R. David Thomas Executive Conference Center, turning it into the JB Duke Hotel. The hotel, which officially opened in January 2017, encompasses the Thomas Executive Conference Center as well as more than 90,000 extra square feet, including nearly 200 hotel guest rooms—some of which are occupied by the school’s executive students, who stay at the hotel during their residencies at Fuqua. The hotel is connected to the main Fuqua campus by a footbridge.

In 2006, MIT’s president at the time, Susan Hockfield, announced a major campus development program that would invest approximately three-quarters of a billion dollars in new and renovated facilities on the school’s 154-acre Cambridge campus, and which included the Sloan School Expansion. This expansion added a new classroom building, E62 (address: 100 Main St.), with approximately 210,000 square feet of space that houses 205 offices, 6 classrooms, more than 30 group study rooms, a dining area, an Executive Education suite, lounge areas, and new, usable outdoor spaces. It was completed in time for the start of classes in fall 2010 and dedicated in May 2011, to coincide with MIT’s 150th anniversary. Another MIT Sloan building, E52, was closed for construction in 2013 and reopened in January 2016. The building features many of the school’s administrative offices, a conference center, and the Department of Economics.

The classroom building, E62, is described on the MIT Web site as “the ‘greenest’ building at MIT.” A student from the Class of 2012, the first class to enter Sloan after the new building opened, described E62 to us at mbaMission as “the social hub at Sloan. It’s where students meet to socialize, eat—the cafeteria provides some of the best food in the neighborhood—and work on class projects. It’s probably one of the more significant things Sloan has done recently, as it provides the ideal networking space not only for students but also for the many professionals who come to check out the new building and recruit MBAs. The new building really adds to the Sloan experience, and I can’t imagine life before it!”

For a thorough exploration of what Duke Fuqua, MIT Sloan, and other top business schools have to offer, please check out our free mbaMission Insider’s Guides.
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MBA Admissions Myths Destroyed: I Have to Write the Optional Essay [#permalink]
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FROM mbaMission Blog: MBA Admissions Myths Destroyed: I Have to Write the Optional Essay
In the past, we have discussed how challenging competing against a faceless mass of fellow applicants can be and how disadvantaged a person can feel if he/she does not seize every opportunity to do so. Although we want you to make the most of every possible chance to set yourself apart, you also need to be judicious in choosing those opportunities. Some can actually work against you and thereby turn into negatives. Allow us to elaborate…

Every applicant does not have to write the optional essay, and by neglecting to write it, you are not at a disadvantage. The essay is an opportunity for you to discuss problems that the admissions committee will likely notice in your profile, and this essay can allow you to “get ahead of the scandal,” so to speak. So, if you earned an F grade, had a bad semester in college, received a low GMAT score, or have been dismissed from a position, you should write the optional essay to address the issue proactively. Similarly, if you are applying with a partner and the admissions committee may not know, you might want to use the optional essay to inform them of this relevant and potentially interesting information.

MBA candidates have many reasons for writing the optional essay, but you should absolutely not feel that you need to write it. If you have nothing to explain and have generally performed well, do not use this opportunity to submit an essay from a different school just to fill the space or write a new essay repackaging your strengths. If you have nothing new or important to share, you are in an advantageous position and should take a step back and appreciate it, not fret.
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Waitlist Strategies for MBA Applicants [#permalink]
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FROM mbaMission Blog: Waitlist Strategies for MBA Applicants

Each admissions season, many candidates receive a response from MBA admissions committees that can sometimes be far more frustrating than a rejection: “You have been placed on our waitlist.” What should you do when your status is uncertain?

The first and most important thing is to listen to the admissions committee. If the committee tells you not to send follow-up material of any sort, then do not yield to temptation and send material that you think will bolster your case. If you misguidedly choose to do so after being specifically instructed not to, you will most definitely identify yourself in a negative way—not the type of message you want to send to the group that will decide your fate.

Does this rule have any exceptions? Yes, actually. If you know a current student or an alumnus/alumna who can tactfully, diplomatically, and independently work on your behalf, you can have this third party write a letter to or otherwise contact the admissions committee in support of your candidacy. But again, this is acceptable only if this individual truly understands the delicate nature of the interaction. If you have no such person on your side, you will have to wait patiently, as difficult as that may be.

Conversely, if the school encourages applicants to provide updates on their progress, the situation changes. In the previous scenario, the frustration candidates experience derives from a sense of helplessness. But in this scenario, candidates tend to lament the lack of time in which to have accomplished anything significant, often thinking, “What can I offer the MBA admissions committee as an update? I submitted my application only three months ago!”

First and foremost, if you have worked to target any weaknesses in your candidacy—for example, by retaking the GMAT and increasing your score, or by taking a supplemental math class and earning an A grade—the admissions committee will certainly want to hear about this. Further, if you have any concrete news regarding promotions or the assumption of additional responsibilities in the community sphere, be sure to update the admissions committee on this news as well.

Even if you do not have these sorts of quantifiable accomplishments to report, you should still have some news to share. If you have undertaken any additional networking or have completed a class visit since you submitted your application, you can discuss your continued (or increased) interest; when you are on a waitlist, the admissions committee wants to know that you are passionately committed to the school. If you have not been promoted, you could creatively reflect on a new project that you have started and identify the professional skills/exposure that this project is providing or has provided (for example, managing people off-site for the first time or executing with greater independence). Finally, the personal realm is not off-limits, so feel free to discuss any personal accomplishments—for example, anything from advancing in the study of a language, to visiting a new country, to completing a marathon.

With some thought and creativity, you should be able to draft a concise but powerful letter that conveys your continued professional and personal growth while expressing your sincere and growing interest in the school—all of which will fulfill your goal of increasing your chances of gaining admission.
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University of Michigan (Ross) Essay Analysis, 2018–2019 [#permalink]
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FROM mbaMission Blog: University of Michigan (Ross) Essay Analysis, 2018–2019

The Ross School of Business at the University of Michigan must have liked the essay questions it used last year, because it has made only the smallest of tweaks to them for this season. Previously, the school gave applicants nine options for its 100-word short answers—this year, candidates have just six. One has to wonder whether the admissions committee received an abundance of responses to the prompts that were kept, while those that were largely ignored by applicants were discarded. Similarly, Michigan Ross has maintained a second 300-word career goal essay but has refined it, dropping verbiage about long-term goals and asking only about applicants’ short-term goals. Again, we will make an inference here: Michigan Ross is saying that most long-term goals are so vague and prone to change that it is interested in learning only about the short term, which the school can more directly influence. Anyway, those are the tweaks; our analysis of the essay prompts themselves follows. . .

Part 1: Short Answer Questions

Select one prompt from each group of the three groups below. Respond to each selected prompt in 100 words or fewer (<100 words each; 300 words total).

Group 1

I want people to know that I:

I made a difference when I:

Group 2

I was humbled when:

I am out of my comfort zone when:

Group 3

I was aware that I was different when:

I find it challenging when people:

In a blog post last year, Michigan Ross Managing Director of Full-Time Admissions Soojin Kwon said of the then new short-answer prompts, “[We want to] get to know more about you than we would in a traditional essay where you’d talk at length about one topic.” So, we encourage you to thoughtfully brainstorm and carefully consider which response in each group feels most authentic to and revelatory of who you are as an individual. You might be tempted with a 100-word response to just start writing, but thinking strategically about who you are as an applicant is critical to making the most of these “short answers,” which we think of more as mini essays.

We recommend starting by reading through all the options for the three groups and considering each one thoroughly in turn. You want to be able to “own” your answer—as we like to say—meaning that no other applicant could write the same thing as you do. Using the second prompt of the first group as an example (“I made a difference when I …”), writing something like “committed the entirety of myself to a public service project” would be far too general a response and could easily be stated by a large number of applicants. Although this person may very well have committed him/herself to this project in a fiercely original manner, the reader does not have a window into how he/she performed. Instead, something much more specific like “…ignored the objections of countless peers and launched a charity pie-eating contest” would stand out for its originality and paint a clearer picture of the candidate who wrote it with respect to his/her values, persistence with an unpopular idea, and sense of humor in executing an idea. We suggest that in treating this as a mini essay, you use a narrative approach to allow the reader to enter into your story. With only five sentences (or so), you can still craft a visual of how you conduct yourself and engage and guide a reader with a compelling story that has a clear beginning, middle, and end. If you choose to simply discuss a trait without a narrative, at worst, you will risk bragging, and at best, you will waste an opportunity for the admissions reader to get to know you.

When you are done writing, take a look at your two responses and see if they are complementary of one another. If you feel they seem repetitive or focus on the same general idea, story, or area of your life, you will likely want to rewrite one. Your goal is to have each response reveal something new and interesting about you. Another factor to consider is everything the admissions committee will already know about you from the other portions of your application; you do not want to waste this opportunity to paint a well-rounded picture of yourself by repeating information the school already has.

So, to recap, strive to make sure your responses (1) genuinely reflect who you are as a candidate and are as specific to you alone as possible; (2) present a narrative that allows the reader to walk in your shoes, so to speak; (3) are complementary of each other, with each one revealing something different about you; and (4) do not discuss a part of your profile that is already well explained or represented elsewhere in your application.

​Part 2: Essay

Michigan Ross is a place where people from all backgrounds with different career goals can thrive. Please share your short-term career goal. Why is this the right choice for you? (300 words)

With just 300 words, you do not have any space to waste here, so focus on presenting your answer as clearly and thoroughly as possible—and give the admissions committee what it wants! That said, this is a rare instance where we suggest giving the school a tiny amount of what it has not specifically asked for. Stating your goals in a vacuum, without any connection to where you have been, can be a little bit confusing for the reader, especially if you are a career changer. Imagine you plan to move from consumer marketing to equity research for consumer goods companies after graduating. If you were to simply state, “Post-MBA, I want to join a boutique equity research firm” as your opening sentence, your reader could be left wondering where this interest comes from. But if you were to instead write, “For the past four years, I have lived and breathed Fruity Pebbles in a way I would not have believed humanly possible. I now understand how the tiniest increase in the price of coconut oil or a ten-cent Cocoa Pebbles coupon can affect my product’s margins. As a result, I have become obsessed with the big data that drive computer goods and want to spend the next phase of my career in equity research, helping investors to understand the riddle.” These are two very different answers, all because of some helpful context. From here, you can delve deeper into why equity research is right for you—how you intend to grow in your role and further develop your passion for the position.

Michigan Ross does not ask you why its program is the right one for you, but we encourage you to nevertheless note two or three resources at the school that would enable you to make this professional goal a reality. Remember to not just tout stereotypes but truly integrate your mention of these resources into your essay in a way that shows true professional need. We explain these concepts and how to achieve them in more detail in our mbaMission Personal Statement Guide, which is available free of charge. Download your complimentary copy today!

And for a thorough exploration of Michigan Ross’s academic program/merits, social life, unique offerings, and other key characteristics, check out the mbaMission Insider’s Guide to the University of Michigan’s Stephen M. Ross School of Business, which is also available for free.

Optional Statement

This section should only be used to convey information not addressed elsewhere in your application, for example, completion of supplemental coursework, employment gaps, academic issues, etc. Feel free to use bullet points where appropriate.

This optional essay prompt may start out sounding like an invitation to discuss anything more you wish to share with the admissions committee, but a closer look—paying particular attention to the word “only” and the nature of the examples offered—seems to restrict the possible topics to problem areas and auxiliary elements of your profile that may not be readily conveyed elsewhere in your application. The additional directive about bullet points seems to be a not-too-veiled implication that the school wants you to focus on imparting key information rather than offering a detailed and longwinded explanation of the issue in question. This is not the time or place to share another cool story or otherwise try to impress or pander to the admissions committee. If you do not truly need to explain an issue or potentially confusing element of your candidacy (a poor grade or overall GPA, a low GMAT score, a gap in your work experience, etc.), we do not recommend that you submit an option essay; if you do have issues to clarify, keep things concise. In our free mbaMission Optional Essays Guide, we offer detailed advice on when and how to take advantage of the optional essay, including multiple examples.

The Next Step—Mastering Your Michigan Ross Interview:Many MBA candidates find admissions interviews stressful and intimidating, but mastering this important element of the application process is definitely possible—the key is informed preparation. We therefore offer our free Interview Primers to spur you along! Download your free copy of the Michigan Ross Interview Primer today.
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Hands-On Finance Opportunities at Michigan Ross and UCLA Anderson [#permalink]
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FROM mbaMission Blog: Hands-On Finance Opportunities at Michigan Ross and UCLA Anderson

You may not realize that students at the Ross School of Business at the University of Michigan do not have to travel all that far to get hands-on Wall Street experience. Through the John R. and Georgene M. Tozzi Electronic Business and Finance Center (known as simply the Tozzi Center), students can find themselves “on” Wall Street without ever having to leave Ann Arbor. Housed in a 5,800-square-foot facility on campus, the Tozzi Center boasts a state-of-the-art mock trading floor as well as a flexible and wireless electronic classroom and an e-lab seminar room. The latest financial tools—including live news wires, trading systems, and data and research services—can be found at the center. The space has been designed to look and feel like the real thing, so do not be surprised if you hear “Sell, Sell, Sell!” when you walk by students in action.

Many acknowledge UCLA Anderson’s unique connections to the media and entertainment industry. However, far fewer MBA aspirants are aware of the tremendous opportunities Anderson provides to students interested in investment management. Established in 1987, the Student Investment Fund (SIF) at Anderson is a fellowship that provides a limited number of students with a hands-on opportunity to apply what they have learned thus far about investment theory. Students must apply for the opportunity to manage the portfolio, as one of the ten SIF Fellows, by participating in the four-round application process that includes panel interviews and essays. SIF Fellows engage in investment strategy, asset allocation, and security analysis for more than 18 months and explore both value and growth approaches to investment as well as fixed income investments. Fellows get together weekly during the academic year, meet once a month with the Faculty Oversight Committee, and visit at least 30 investment professionals throughout the fellowship to learn about different investment philosophies. Those interested in a career in investment management should give UCLA Anderson a closer look.

For more information on Michigan Ross, UCLA Anderson, or 15 other leading MBA programs, check out the free mbaMission Insider’s Guides.
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Professor Profiles: Gavan Fitzsimons, Duke University’s Fuqua School o [#permalink]
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FROM mbaMission Blog: Professor Profiles: Gavan Fitzsimons, Duke University’s Fuqua 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. Today, we focus on Gavan Fitzsimons from Duke University’s Fuqua School of Business.

Students and administration members alike sing the praises of Fuqua’s “fun” and “engaging” marketing professor, Gavan Fitzsimons, who spearheaded the creation of the Duke/Synovate Center for Shopper Insights in 2011 and serves as its faculty principal today. Fitzsimons is the Edward and Rose Donnell Professor at Fuqua and has received an Excellence in Core Teaching Award at the school three times, in addition to two honorable mentions. His work, which focuses on the ways in which consumers are subconsciously influenced, has been published and popularized in prestigious academic journals and media outlets from the Journal of Consumer Research and the Journal of Marketing Research to NPR, CNN, and the Wall Street Journal. Fitzsimons has also served as an associate editor of the Journal of Consumer Research and an editorial board member for such publications as the Journal of Consumer Psychology, Marketing Letters, and the Journal of Macromarketing.

For more information about Duke Fuqua and 16 other top-ranked business schools, check out the free mbaMission Insider’s Guides.

 
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Reframe and Refocus Your Full-Time Job Search [#permalink]
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FROM mbaMission Blog: Reframe and Refocus Your Full-Time Job Search
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.

Graduation is an exciting time, but it can also be a stressful time as you field lots of questions from loved ones about your career plans. If you have not yet secured full-time employment, here are a few tips for reframing and refocusing your approach.

Reframe Your Search

  • Graduation is a relatively arbitrary date that is not connected to an individual employer’s hiring cycle. Seeking employment after graduation will not be viewed negatively by an employer as long as you avoid showing your frustration with the job search. Employers are evaluating you on how well your experiences match their needs and how you engage with them. Believe in yourself!
  • Focus on laying the foundation for your career. What skills do you want to learn on the job? How do you want to contribute to an employer? What are you curious about? Armed with this information, brainstorm potential employers, industries, and functions where you can develop these skills and feed your curiosity.
  • Build a way forward. Stop thinking there is just one “right” path. Focus on finding many ideas that you can investigate and explore. Although it might seem like you are stuck, you can think of a lot of good ideas for how to move forward. Seek strategic and tactical advice from a career coach, a career center professional, and/or your friends.
Refocus Your Search

  • Evaluate your job search efforts to date. It is time to identify what has worked and what has not worked in your job search. Identify themes or specific obstacles, and then brainstorm ways to overcome them.
  • Create a job search action plan with specific milestones. With your personal commitments in mind, establish realistic weekly and monthly goals for your job search. Find an accountability partner who can help you stick with it.
  • Commit to networking. Building and leveraging relationships will propel your job search forward faster than just applying to positions posted on your school’s career portal or on LinkedIn. Track each networking conversation: when you spoke, what you learned, and when you will follow up.
  • Feed your curiosity while preparing for interviews. Immerse yourself in your target industry; read trade publications, and develop opinions on trends, major players, and products. Doing so will give you more to talk about during networking calls and interviews and will serve as a barometer for your level of interest in the space.  
  • Reward yourself. Recognize your efforts to date and also schedule upcoming celebrations to mark each phase of the process.  
We wish you the best of luck as you continue to tell your story and seek out the right opportunity for you!

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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