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The mbaMission Blog

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mbaMission Admissions Consultant
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While Waiting Patiently for Interview Invitations, Consider What to Ex  [#permalink]

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New post 23 Oct 2018, 07:01
FROM mbaMission Blog: While Waiting Patiently for Interview Invitations, Consider What to Expect
As interview invitations from business schools roll out, do your best to remain calm and let the admissions committees do their work. Although becoming a little apprehensive is natural if you have not yet received an invitation, you will certainly not increase your chances of receiving one by calling the Admissions Office and asking if the school does indeed have all your files or if an interview decision has been made. In fact, such calls can actually have a negative effect on your candidacy, inadvertently making you seem pushy or even belligerent.

Admissions Offices are increasingly transparent and should be taken at their word. If they say they are still releasing decisions, then they are in fact still doing so. If they say that the timing of your interview decision does not signify an order of preference, then it does not. Unless something has changed materially in your candidacy, all you can really do—as painful as it may be—is wait patiently and try not to think about the decision or second-guess your status.

As the 2018–2019 MBA application season reaches Round 2, we thought it would be appropriate to discuss some challenging interview situations you might encounter. Most business school interviews are straightforward opportunities for an interviewer to learn more about a candidate’s personal and professional backgrounds, goals, reasons for selecting a specific school, and leadership/team experiences. Yet interviews can vary dramatically from school to school, and sometimes they include a few peculiarities. So, what constitutes a “tough” interview, and how can you best navigate one?

Stoic interviewer: Some interviewers can be unemotional, refusing to give you any indication as to whether you are making a positive impression or not. And amid the intense pressure of an interview, you may perceive this lack of clear positive response as a sign of actual disapproval. The key to managing such a situation is to tune out the interviewer’s lack of emotion. Focus on your answers and do your best to not be distracted by anything about the interviewer, ignoring everything except the questions he/she is posing. “Reading” the interviewer in real time can be challenging, so you should instead concentrate on showcasing your strengths.

Philosophical questions: Most candidates are ready to discuss their experiences and accomplishments, but many are not prepared to discuss their values and philosophy on life. Harvard Business School, in particular, likes to understand applicants’ motivations and will ask questions like “What is your motivation to succeed?,” “What drives you?,” and “What gives you purpose in life?” The key to answering these sorts of questions is pretty simple: expect and prepare for them in advance (after all, you are being warned right now). However, you should not assume that all the questions you will receive during your interview will be experiential.

Persistent questioning: Sometimes a tough interviewer will continuously delve deeper into a subject, such as by repeatedly asking “Can you be more specific about [the topic under discussion]?” after posing an initial question. These kinds of unusual pressure tactics can be disconcerting, but the key is to simply stay on topic. No matter how persistent he/she is, the interviewer is always essentially asking you about a subject that you know quite well—you! So again, by avoiding the distraction of the tactic and sticking to your agenda, you should be fine.

mbaMission offers even more interview advice in our free Interview Primers, which are available for 17 top-ranked business schools.
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
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mbaMission Offers Free In-Person Consultations in Boston, Chicago, New  [#permalink]

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New post 24 Oct 2018, 07:01
FROM mbaMission Blog: mbaMission Offers Free In-Person Consultations in Boston, Chicago, New York, Philadelphia, and San Francisco!
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:

  • Boston, Massachusetts: Wednesdays in November
  • Chicago, Illinois: Saturday, November 3 and Saturday, November 17
  • New York, New York: Tuesdays in October and November
  • Philadelphia, Pennsylvania: Thursday, November 1 and Monday, November 5
  • San Francisco, California: Thursday, November 15
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!

*This offer is only valid for those who have not already had an mbaMission free 30-minute consultation. Please note that all mbaMission consultant appointments are booked on Eastern Time. After booking, if you would like to confirm the local time of your appointment, please contact denise@mbamission.com.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________

Jen Kedrowski
mbaMission

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

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mbaMission Admissions Consultant
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Dean Profiles: William Boulding, Duke University’s Fuqua School of Bus  [#permalink]

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New post 25 Oct 2018, 07:01
FROM mbaMission Blog: Dean Profiles: William Boulding, Duke University’s Fuqua School of Business
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Business school deans are more than administrative figureheads. Their character and leadership often reflect an MBA program’s unique culture and sense of community. Today, we focus on William Boulding at Duke University’s Fuqua School of Business.

In the fall of 2011, William Boulding became dean of Duke University’s Fuqua School of Business. Boulding began teaching at Fuqua in 1984 and served as the business program’s deputy dean before being appointed to a shortened two-year term as dean (a full term is five years) upon the previous dean’s departure. In early 2013, an international search committee recommended that Boulding continue his deanship for an additional five years. Then, in February 2018, Boulding was appointed for a second five-year term.

He has received several distinctions for his teaching in the areas of management, marketing, and strategy, including the school’s 1989 Outstanding Teacher Award and the 1997 NationsBank Faculty Award. A member of the search committee stated in a 2013 article in Duke’s student newspaper, The Chronicle, that Boulding’s vision for the school would “address globalization with more innovation and modernization in the classrooms, while also focusing on stabilizing the school’s budget.” Another search committee member noted in the article that Boulding “has the whole package, plus he knows Fuqua and Duke intimately.” In the school’s announcement of Boulding’s appointment for a second full term, Provost Sally Kornbluth commented: “Bill is a valued colleague and well-respected scholar and administrator. … His leadership, dedication to Fuqua and commitment to higher education and service have been the foundation of his success as dean.”

In a 2012 Forbes interview, Boulding described the type of students who attend Fuqua by highlighting the collaborative principles encompassed by Team Fuqua, saying, “Increasingly, so called ‘leaders’ seem to fight for narrow self-interest around issues and ideas. At the same time, more than ever before, answers to problems, solutions to challenges, innovation, and the creation of value comes through collaboration and co-creation.… Our students have a burning ambition to make a difference in the lives of others.” Boulding also explained in a 2013 Bloomberg Businessweek interview the high rate of success for Fuqua graduates in finding jobs: “The reason they’re [companies are] hiring Fuqua students comes back to what we produce and who we attract, and that’s people who understand how to co-create and take advantage of a team’s potential. It’s people who are personally humble, tremendously ambitious, and have no sense of entitlement.”

For more information about Duke Fuqua and 16 other top-ranked business schools, check out the free mbaMission Insider’s Guides.
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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Acclimating to the Cold at Tuck and Hitting the Slopes at Kellogg  [#permalink]

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New post 26 Oct 2018, 07:01
FROM mbaMission Blog: Acclimating to the Cold at Tuck and Hitting the Slopes at Kellogg
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The thought of spending the winters in Hanover, New Hampshire—home to Dartmouth College’s Tuck School of Business—may send shivers down your spine. But those who tough it out and embrace the cold can discover some rewarding winter experiences, such as ice hockey and downhill skiing. Both beginners and seasoned veterans participate each year in ice hockey games organized by Tuck hockey leagues. Never played? Not to worry—teams are organized by skill level, so you can find a team of hockey players who will not care if you trip over the blueline (that is ice hockey lingo—you will learn). And those who are not quite ready to play hockey can always get in the game by cheering on their classmates!

Meanwhile, the Skiing and Boarding Club takes advantage of the Dartmouth Skiway in Lyme, New Hampshire, and organizes trips beyond campus as well. The club’s major event is the Tuck Winter Carnival, which draws more than 650 people from approximately 18 business schools. The 2018 event welcomed aspiring MBAs and sent teams of students to participate in the weekend events, which—in addition to the annual downhill ski races—included a 1980s fashion show, a hot dog eating contest, and a closing party featuring the Tuck 80’s Cover Band. All events at the Winter Carnival are geared toward socializing while also raising money for a selected nonprofit organization. At Tuck, you just might be too busy working up a sweat to fret about the cold.

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A bit west of New Hampshire, Evanston, Illinois, is home to Northwestern University’s Kellogg School of Management and might not seem like a popular destination for skiers. But although Kellogg students may not do their skiing in Evanston proper, nearly 1,000 first and second years and their significant others participate in the school’s annual ski trip, which, according to students we interviewed, “remains the biggest of its kind. Like everything else at Kellogg, the trip is student run … from logistics to marketing to sponsorship. … First- and second-year students work together to make it an unforgettable weeklong adventure.” Participating students have traveled to such locations as Steamboat Resort and Telluride, in Colorado, where students stayed in mountainside condos. Those who wish to ski can avail themselves of three-, four-, or even five-day passes, while nonskiers can enjoy such activities as cooking classes, snowshoe lessons, and spa treatments (at reduced prices). The evenings feature theme parties, such as an annual 1980s party.

A first year with whom we spoke expressed how impressed she was with Kellogg’s ski club for “planning the best week of business school for [close to 1,000] people!” She added that the Northwestern Ski Trip is simply not to be missed: “It’s all of your closest friends, taking over a ski town for one full week with amazing parties and social activities—many of which are sponsored!”

For a thorough exploration of what Tuck, Kellogg, and 15 other top business schools have to offer, please check out our free mbaMission Insider’s Guides.
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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The Dos and Don’ts of GMAT CATs, Part 3  [#permalink]

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New post 27 Oct 2018, 07:01
FROM mbaMission Blog: The Dos and Don’ts of GMAT CATs, Part 3
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.

What are the Dos and Don’ts to get the most out of your CATs? If you have not yet read the earlier installments of this series here and here, go take a look!

DON’T take a practice CAT within five days of the real test

Would you run a practice marathon a few days before a real marathon? Of course not! You risk tiring yourself out or (mentally) injuring yourself (by reducing your confidence) just before the real test.

If your score is not where you want it to be, postpone the test; you are not going to change it substantially by taking a practice CAT at the last minute (or doing anything else).

DON’T go months without taking a CAT

When someone does this, the impetus is usually anxiety. You feel nervous that you will not get the results that you want, so you avoid getting any results at all. Alternatively, maybe you plan to study everything and then when you take the test, you are confident that you will get the score you want… but practicing without any CAT data is going to cause you to build bad habits (such as spending too much time on a question) and fail to build good ones (such as learning how and when to cut yourself off and guess).

If your last CAT was so long ago that you are no longer sure what your strengths and weaknesses are under testing conditions, it is time to take another CAT.



Takeaways


In short, do take a CAT pretty early on in your study process. Then analyze the results and use that analysis to inform your study plan. When you have addressed a substantial proportion of the major issues identified via that analysis, take another CAT. Most of the time, you should be able to find at least two to three weeks’ worth of issues to address after every CAT.

Once you have your score where you want it to be, start your final review. During this phase (which typically lasts a couple of weeks), plan to take one CAT two weeks before and another CAT one week before your real test date. Read the article “The Last 14 Days: Building Your Game Plan” to learn what to do with this data.

Good luck and happy studying!
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 Admissions Myths Destroyed: Title Trumps All  [#permalink]

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New post 28 Oct 2018, 08:00
FROM mbaMission Blog: MBA Admissions Myths Destroyed: Title Trumps All
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In the past, we have addressed (and debunked!) the myth that you must personally know alumni from the top MBA programs to gain acceptance into those schools. Another admissions myth that is somewhat similar—in that it pertains to who you know instead of who you are—is that your recommendation must be written by someone with a flashy title. Each year, many candidates will persuade either someone from outside their workplace (e.g., a congressman) or an insider who does not know their work all that well (e.g., a managing director or CEO) to write a recommendation on their behalf.

Unfortunately, when you obtain a recommendation from someone because of his/her title and not because that person actually knows you and your work, the result is a vague endorsement. Consequently, the admissions committee will not get to know you better through this individual’s recommendation letter, and this undermines the very purpose of recommendations. Even if you can educate someone far above you in the corporate hierarchy about your achievements and he/she can write a seemingly personal letter, it still will not make sense that a CEO, for example, knows what you—one of hundreds of employees—are doing on a daily basis. So the intimacy of this person’s letter just might seem absurd. Of course, if your CEO does actually know you and can write a personal letter that makes a logical connection between your position and his/hers, that could be helpful.

Rather than focusing on titles when considering possible sources for your recommendations, strive to identify an individual who knows you well and can write about your strengths—and even your weaknesses—with sincerity. If your supervisor has a less than impressive title, this will not reflect negatively on you; what will matter is what he/she writes about you. If that person can discuss your performance while providing powerful examples of standout achievements, he/she will help you to the fullest.
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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Wharton Team-Based Discussion 2018: What to Expect and How to Prepare  [#permalink]

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New post 29 Oct 2018, 07:01
FROM mbaMission Blog: Wharton Team-Based Discussion 2018: What to Expect and How to Prepare
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The Wharton School at the University of Pennsylvania plans to send out Round 1 interview invitations on October 30, and once again, the school is using its team-based discussion format rather than a traditional admissions interview to evaluate its candidates. Understandably, Wharton applicants get anxious about this atypical interview, because the approach creates a very different dynamic from what one usually encounters in a one-on-one meeting—and with other applicants also in the room, one cannot help but feel less in control of the content and direction of the conversation. Yet despite the uncertainty, here are a few things that interviewees can expect:

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

The 2018 Wharton Team-Based Discussion Simulation Round 1 schedule is as follows:

  • Group A: Saturday, November 3 at 3:00 p.m. ET
  • Group B: Sunday, November 4 at 9:00 a.m. ET 
  • Group C: Sunday, November 4 at 12:00 p.m. ET 
  • Group D: Monday, November 5 at 9:00 p.m. ET 
  • Group E: Tuesday, November 6 at 6:00 p.m. ET 
  • Group F: Wednesday, November 7 at 6:00 p.m. ET 
  • Group G: Wednesday, November 7 at 9:00 p.m. ET 
  • Group H: Friday, November 9 at 3:00 p.m. ET 
  • Group I: Friday, November 9 at 6:00 p.m. ET 
  • Group J: Sunday, November 11 at 3:00 p.m. ET 
  • Group K: Monday, November 12 at 9:00 p.m. ET 
  • Group L: Tuesday, November 13 at 9:00 p.m. ET 
  • Group M: Wednesday, November 14 at 9:00 p.m. ET 

To learn more or sign up for a session, visit our Wharton Team-Based Discussion Simulation page.
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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Professor Profiles: Sankaran Venkataraman, UVA’s Darden School of Busi  [#permalink]

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New post 30 Oct 2018, 07:01
FROM mbaMission Blog: Professor Profiles: Sankaran Venkataraman, UVA’s Darden School of Business
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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 Sankaran Venkataraman from the University of Virginia Darden School of Business.

Sankaran Venkataraman—who is known around the campus of the University of Virginia’s (UVA’s) Darden School of Business as simply “Venkat”—is an internationally recognized expert on entrepreneurship. He is the MasterCard Professor of Business Administration at Darden and the senior associate dean for faculty and research. He has edited the Journal of Business Venturing and consulted with the U.S. Department of Commerce on promoting entrepreneurship globally. He is also a coauthor of The Innovation Journey (Oxford University Press, 2008) and coeditor of Entrepreneurship in Emerging Regions Around the World: Theory, Evidence and Implications (Edward Elgar Publishing, 2008). Venkat earned one of Darden’s awards for outstanding faculty in 2008 and is generally considered one of the school’s most popular professors. In 2010, Venkat earned the Academy of Management’s Decade Award for a paper published ten years earlier that was judged to have had the greatest impact on scholarship in the fields of management and organizations.

For more information about UVA Darden and 16 other top-ranked business schools, check out the free mbaMission Insider’s Guides.
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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Chicago Booth Returns to the Top Spot in The Economist’s 2018 MBA Rank  [#permalink]

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New post 31 Oct 2018, 08:01
FROM mbaMission Blog: Chicago Booth Returns to the Top Spot in The Economist’s 2018 MBA Ranking
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The University of Chicago Booth School of Business has returned to the number one spot in the 2018 ranking of the world’s best MBA programs by The Economist, one year after falling to second place behind the Northwestern Kellogg School of Management. Chicago Booth is no stranger to first place, however, as this is the sixth time in the past seven years that the school has been ranked number one. This year, Northwestern Kellogg came in second, and the other top-five programs remained unchanged from the previous year—Harvard Business School is in third place, the Wharton School of the University of Pennsylvania in fourth, and the Stanford Graduate School of Business in fifth.

One of the most notable risers this year was Barcelona-based IESE Business School, which climbed 11 spots to settle into sixth place. The University of Michigan’s Ross School of Business entered the top ten in seventh place after finishing 12th last year. A few new names were included in the top 20, with the Johnson Graduate School of Management at Cornell University climbing six spots to 20th place, and INSEAD moving to 19th after being ranked 21st last year.
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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Earn an MBA in Canada at the Rotman School of Management or Ivey Busin  [#permalink]

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New post 01 Nov 2018, 08:01
FROM mbaMission Blog: Earn an MBA in Canada at the Rotman School of Management or Ivey Business School
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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.

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 website, 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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The Master Resource List for GMAT Reading Comprehension, Part 1  [#permalink]

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New post 02 Nov 2018, 08:01
FROM mbaMission Blog: The Master Resource List for GMAT Reading Comprehension, Part 1
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.

The Pep Talk

So, let me get this straight. The GMAT test writers are going to give me somewhat obscure, very dense topics with very complicated ideas and sentence structures. I am going to have about three minutes to read this passage, and then I have to start answering questions about the material. That is a completely artificial setup; it would never happen in the real world!

Actually, yes it will. You are going to do lots of case studies in business school. You often will not be given enough time to read through every last detail carefully; instead, you will have to determine relative levels of importance and concentrate on the most crucial pieces, while putting together a framework for the main ideas and the big changes in direction or opinion.

At work, you often have to make decisions based on incomplete information. At times, you actually do have a ton of information—but not enough time to review it all before you have to take action. These situations are far from rare in the real world.

So when you find yourself a bit unmotivated because you know you have got to study boring Reading Comprehension (RC) today, remind yourself that RC will actually help you develop much-needed skills for business school and beyond!

The Disclaimers

First, this list includes only free resources, no paid ones. Second, this list is limited to my own articles simply because I am most familiar with my own material. There are a lot of good resources out there that cost some money and/or were not written by me—those resources are just not on this list!

How to Read

Before you dive into individual question types, you must know some overall processes for RC, starting with how to read! You already know how to read in general, of course, but do you know how to read RC?

You will notice that the first article, linked to in the previous paragraph, discusses not only what to read but also what not to read. When you have only a few minutes, you also need to know what you can skip or skim (and how to make that decision). For more, check out this lesson on what to read and what not to read.

If, after trying the suggestions from this article, you still find yourself really struggling with either reading speed or comprehension, here are some resources to help you improve your reading skills. This article is especially important for people who do not read regularly in English, either for work or for fun; this is particularly true if your native language is also not English and you did your undergraduate studies in another language.

Finally, one of our two main goals when first reading a passage is to find the main point. (The other main goal is to take some light notes on each paragraph to understand the organization of the information.)

When you have mastered those skills, you will be ready to learn how to tackle the questions. Check back next week to learn how!
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November 2018 Event Roundup  [#permalink]

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New post 03 Nov 2018, 07:01
FROM mbaMission Blog: November 2018 Event Roundup
Are you applying to business school this year? If so, you can enroll in one of our free business school workshops, which are offered both online and in person in major cities across the country!

This November, the event lineup includes the following sessions:

  • November 6

    MBA Appliation Essay Writing (Online)How can you write essays that grab the attention of MBA admissions committees? An experienced senior consultant will use this simple but often perplexing question as the starting point to a workshop for prospective business school applicants.
  • November 8

    Challenges and Opportunities for the Family Business MBA Applicant (Online)[b][b]https://www.manhattanprep.com/gmat/classes/details/23445/In this webinar, we will advise family business applicants on the kinds of issues that can affect their candidacies, including recommender selection, resume construction, and how to tactfully discuss certain topics in essays and interviews. Join us to learn how to bolster your strengths and mitigate your weakness as a family business applicant, so you can be at your most competitive throughout the admissions process.[/b][/b]
  • November 9

    MBA Interview Workshop (Online)What do you need to do to prepare for your business school interview? An experienced senior consultant will help prospective MBAs understand the types of questions that may be asked to best prepare for interviews.
  • November 27

    The Last-Minute MBA Application (Online)

    Applying to business school in a few weeks? Worried you won’t have enough time to complete your applications? During this webinar, an experienced senior consultant will review practical ways of making the most of the time you still have to complete your applications.
To enroll in one of our free seminars, click the event title in the list above. We look forward to having you join us!
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Multidimensional Brainstorming for Your MBA Application Essays  [#permalink]

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New post 05 Nov 2018, 08:01
FROM mbaMission Blog: Multidimensional Brainstorming for Your MBA Application Essays
We at mbaMission often tell candidates, “You cannot turn a bad idea into a good essay.” We insist on taking our clients through a lengthy brainstorming process—starting with a thorough questionnaire—to discover the stories that make them distinct. As you uncover your stories, you should consider them from as many different angles as possible. Doing so will not only help ensure that you understand the various “weapons in your arsenal,” but will also provide you with maximum flexibility, considering that MBA admissions committees ask questions that vary dramatically from school to school.

For example, an experience coaching a baseball team at an underfunded high school may have multiple dimensions, such as the following:

  • Creatively motivating an underachieving team and changing attitudes, despite losses
  • Initiating and leading fund-raising efforts so that each player could afford proper equipment
  • Mentoring a struggling player and seeing an improvement in his or her on-field performance
  • Helping a player deal with a family issue off the field
  • Recruiting other coaches and then working to improve a team’s on-field performance
These are just a few of the stories that could be gleaned through brainstorming, proving that considering your experiences from various angles is beneficial and will help you discover multiple unique approaches to your essays.

In addition, many MBA candidates—whether they are working as bankers or lawyers, in internal corporate finance or corporate strategy—feel they must tell a “deal story” in their application essays. Although discussing a deal can be a good idea, showing your distinct impact on the deal is what is vital—you are the central character, not the deal. A straightforward story about how you dutifully completed your work and steadily supported others as a deal became a reality is not likely to be very compelling. Further, the important thing is that the admissions committee experience your personality, not your spreadsheets.

Ask yourself the following questions to ensure that your story is truly about you:

  • What did you do that was beyond expectations for your role? Did you grow into additional responsibilities at a crucial time?
  • Did any particular interactions take place in which you used your personality to change the dynamic, thereby ensuring the deal’s progress or success?
  • Did you need to take a principled stand at any moment or speak out on behalf of a needful party?
  • Did you help others overcome any corporate or international cultural barriers?
These are just a few questions to get you started, but the point remains: do not simply offer any deal, but instead provide insight into your deal.
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Professor Profiles: Saras D. Sarasvathy, the University of Virginia Da  [#permalink]

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New post 07 Nov 2018, 09:01
FROM mbaMission Blog: Professor Profiles: Saras D. Sarasvathy, the University of Virginia Darden 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 Saras D. Sarasvathy from the University of Virginia (UVA) Darden School of Business.

Saras D. Sarasvathy is the Paul M. Hammaker Professor of Business Administration at UVA Darden, and she also teaches doctoral-level courses at schools in Africa, Asia, Europe, and Latin America. Sarasvathy wrote her dissertation at Carnegie Mellon on entrepreneurial expertise and has parlayed that into a specialization in the area of “effectuation,” which examines the creation and growth of new organizations and markets. Her book Effectuation: Elements of Entrepreneurial Expertise (Edward Elgar Publishing, 2009) examines the way entrepreneurs think. In addition to serving on the editorial boards of various management journals, she writes a monthly column for the business newspaper, the Economic Times. In 2015, UVA awarded Sarasvathy the Mead-Colley Honored Faculty Award for her active engagement with students. In 2007, Fortune Small Business magazine named Sarasvathy one of 18 top professors in the field of entrepreneurship.

Students we interviewed feel that Sarasvathy, who has been teaching at Darden since 2004, is one of the up-and-coming scholars of entrepreneurship in the world. One alumnus described her to mbaMission as “very encouraging, supportive. She allows people to share ideas rather than looking for the right answer.” Another told us that he found himself in her “Starting New Ventures” class by mistake; he had lingered too long in the classroom after his previous class had ended and was still there when Sarasvathy’s class began. He was so impressed by her teaching that he added her course to his schedule, even though he was already overloaded. He found even at that first lesson that she “challenged conventional beliefs,” and he was “impressed at her insights and the way that she articulated basic assumptions to bring out the less obvious, deeper levels.”

For some interesting perspectives on entrepreneurship and business, see Sarasvathy’s presentations on BigThink at https://bigthink.com/community/sarassarasvathy.

For more information about UVA Darden and 16 other top-ranked business schools, check out the free mbaMission Insider’s Guides.
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The Master Resource List for GMAT Reading Comprehension, Part 2  [#permalink]

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New post 08 Nov 2018, 09:00
FROM mbaMission Blog: The Master Resource List for GMAT Reading Comprehension, Part 2
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.

In Part 1 of this series, we discussed how to read Reading Comprehension (RC); if you have not yet read that post, do so now and then continue with this post.

The RC Question Types

Do you remember the last thing I said at the end of the first post? When you have mastered the reading skills, you are then ready to tackle the questions. Do not make the mistake of thinking that you can ignore the previous post and just go straight for the questions. You will be slower, and you will make more mistakes if you do that.

RC has three main question types: Main Idea, Specific Detail, and Inference. Each of those question types can have nuances or subtypes. We will tackle the first two in this post and cover Inference and the minor Why question type in the next post.

Main Idea

Most passages will include one Main Idea category question. Most commonly, you will be asked for the “primary purpose” (i.e., the main idea) of the entire passage, though a question could also ask for the primary purpose or role of just one paragraph.

If you are asked for the purpose of the entire passage, then the correct answer has to cover the overall “real estate” of the passage as a whole. Wrong answers will often be too narrow (e.g., something that applies primarily to just one paragraph) or too broad (e.g., something that includes the main idea but goes beyond it to encompass ideas that were not presented in the passage). Follow the link at the beginning of this paragraph to get some practice.

Specific Detail

This category refers to questions that ask about a particular detail in the passage. Most commonly, these questions will begin with “According to the passage…” Your task on these is to find an answer choice that matches something stated specifically in the passage.

That sounds easy—if the information is stated right there in the passage, how hard can it be?

As you already know very well, they can make it quite hard. First, the language in the passage is seriously complex; it is not always easy to understand what they are talking about. Second, right answers will often contain synonyms for words that appeared in the passage, while some wrong answers will often contain the exact language used in the passage. If you are not careful, you will be tempted to cross off that right answer because the language does not match exactly!

Specific Detail Rule: Use the question wording to figure out where to go in the passage. Then reread that detail carefully. Do NOT rely on your memory!

Why not? I was once taking a standardized test (not the GMAT, but similar), and I was about to pick an RC answer. Then I remembered that I should check the proof in the passage first, so—even though I was sure I was right!—I made myself find the proof.

The passage was about some mammals, one of which was the kangaroo rat. I looked at the passage, glanced back at my answer… and suddenly realized that the answer said kangaroo not kangaroo rat! I would have been really mad to get a question wrong for that reason!

The moral of the story: find the proof in the passage. Every single time.

Try this specific detail question to get started. Want another? Here you go.
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MBA Admissions Myths Destroyed: The Admissions Committee Wants a “Type  [#permalink]

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New post 10 Nov 2018, 08:00
FROM mbaMission Blog: MBA Admissions Myths Destroyed: The Admissions Committee Wants a “Type”
Many business school applicants believe that the MBA admissions committees have distilled their criteria for selecting candidates over the years and have in mind a specific “type” of individual they want. For example, within this world of stereotypes, applicants believe that Harvard Business School (HBS) is looking only for leaders, Kellogg is looking only for marketing students, Chicago Booth is looking only for finance students, and even that MIT Sloan is looking only for “eggheads.” Of course, these stereotypes—like most stereotypes—are inaccurate. Chicago Booth wants far more than one-dimensional finance students in its classes, and it provides far more than just finance to its MBA students (including, to the surprise of many, an excellent marketing program). HBS is not a school just for “generals”; among the approximately 950 students in each of its classes, HBS has a wide variety of personalities, including some excellent foot soldiers. So, at mbaMission, we constantly strive to educate MBA candidates about these misconceptions, which can sink applications if applicants pander to them.

By way of example, imagine that you have worked in operations at a widget manufacturer. You have profound experience managing and motivating dozens of different types of people, at different levels, throughout your career, in both good economic times and bad. Even though your exposure to finance has been minimal, you erroneously determine that you need to be a “finance guy” to get into NYU Stern. So you tell your best, but nonetheless weak, finance stories, and now you are competing against elite finance candidates who have far more impressive stories in comparison. What if you had told your unique operations/management stories instead and stood out from the other applicants, rather than trying to compete in the school’s most overrepresented pool?

We think that attempting to defy stereotypes and truly being yourself—trying to stand out from all others and not be easily categorized—is only natural. Of course, for those of you who are still not convinced, allow us to share a quote from Stanford’s former director and assistant dean of MBA admissions, Derrick Bolton, who wrote on the school’s admissions website, “Because we want to discover who you are, resist the urge to ‘package’ yourself in order to come across in a way you think Stanford wants. Such attempts simply blur our understanding of who you are and what you can accomplish. We want to hear your genuine voice throughout the essays that you write, and this is the time to think carefully about your values, your passions, your hopes and dreams.”

Makes sense, right?
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Re: The mbaMission Blog  [#permalink]

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New post 11 Nov 2018, 07:47
Hello
I am a 31 yrs african IT engineer working for an international NGO willing to apply for INSEAD, HBS and STANFORD.
WE: 60 months
GMAT: 710 (Q48, V40)
TOEL: 101 (this is low for hbs and insead)
I have fews questions and thank you in advance for your responses:
Do you think that i can apply for insead sept 2019 R2 (14 nov) or that i should postpone for R3 and enhance my GMAT (i can reach Q49+) and TOEFL scores?
Do you think that i am too old for HBS and INSEAD and that my gmat is too low for them?
Thank you :)

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Finding “Safe” Writers for Your Recommendation Letters  [#permalink]

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New post 13 Nov 2018, 11:01
FROM mbaMission Blog: Finding “Safe” Writers for Your Recommendation Letters
Letters of recommendation are an important part of your overall application package. However, one of the most stressful parts of the application process can be choosing your recommenders. The first question you should ask is who can write a valuable letter on my behalf?

Many candidates believe that recommenders must have remarkable credentials and titles to impress the admissions committee. However, selecting individuals who can write a personal and knowledgeable letter that discusses your talents, accomplishments, personality, and potential is far more important. If senior managers at your company can only describe your work in vague and general terms, they will not help your cause. Lower-level managers who directly supervise your work, on the other hand, can often offer powerful examples of the impact you have had on your company. As a result, their letters can be far more effective.

Nonetheless, not everyone who knows you and your capabilities well will make a good recommender. For starters, you should of course feel confident that your potential recommender likes you and will write a positive letter on your behalf. As you contemplate your choices, try to gather some intelligence on your potential recommenders. Have they written letters for anyone else? Are they generous with their time with regard to employee feedback and review sessions? Will they devote the effort and time necessary to write a letter that will really shine?

One step that you can take to ensure you submit the strongest applications possible is doing some research on your recommenders to confirm that your choices are indeed “safe.” After all, if you are playing by the strictest interpretation of the rules of recommendations, you will not get to see what your recommenders ultimately write about you. By doing a little intelligence work in advance, you can better understand whether you are making the right decision before committing to a certain individual.

By doing some “intelligence,” we mean—where possible—contacting past colleagues in a discreet and diplomatic way to find out what their experiences were like with your potential recommender. For example, was your potential recommender a generous advocate or was he/she a disinterested third party who had a tendency to be harsh? Clearly, learning more about your target recommender’s approach in advance can help you understand whether or not you should offer him/her this important responsibility.

Past colleagues can also guide you in how best to manage your recommenders, which can be just as important as choosing them. Knowing up front that your recommender is a procrastinator or performed better after being given a list of accomplishments from which to work can help ensure the best letter possible and can prevent you from inadvertently antagonizing your recommender or delaying the process.

If your prospective MBA program asks for two letters of recommendation, you should generally approach two of your recent supervisors, with one ideally being your current supervisor. Your letters will have added credibility if they are written by individuals who are senior to you, because your recommenders are in evaluative positions and will not have anything to lose by critically appraising your candidacy.
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Stanford GSB Tops the Bloomberg Businessweek MBA Ranking for the First  [#permalink]

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New post 13 Nov 2018, 11:01
FROM mbaMission Blog: Stanford GSB Tops the Bloomberg Businessweek MBA Ranking for the First Time
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Stanford Graduate School of Business (GSB)

Bloomberg Businessweek released its 2018 ranking of U.S.-based MBA programs last week with a new name in first place: the Stanford Graduate School of Business (GSB), which was ranked at the top for the first time in the Bloomberg ranking’s 30-year history. The GSB, which came in fifth last year, was the only school this year to receive a perfect 100.0 point score. The overall score is calculated from the scores the school receives from students, alumni, and recruiters in such factors as compensation, learning, networking, and entrepreneurship. The Wharton School of the University of Pennsylvania came in second with a 92.6 overall score, while Harvard Business School rounded out the top three with a 91.9 score. Harvard and Wharton were ranked first and second last year, respectively.

The USC Marshall School of Business was among the year’s biggest surprises as the school rose from 2017’s 30th place to this year’s 13th spot. The Tuck School of Business at Dartmouth College, on the other hand, fell notably from last year’s 7th place to land at 19th. The Haas School of Business at the University of California, Berkeley, and the Darden School of Business at the University of Virginia both entered the top ten at 6th and 9th places, respectively, after climbing through the top 20 and top 30 charts for years. Bloomberg reports that the international MBA ranking will be released in early December. Whether last year’s number-one international program, INSEAD, will be defeated remains to be seen…
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See the World During Your Studies at Michigan Ross and NYU Stern  [#permalink]

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New post 14 Nov 2018, 09:00
FROM mbaMission Blog: See the World During Your Studies at Michigan Ross and NYU Stern
For incoming first-year students at the University of Michigan’s Ross School of Business who want to get a head start on building friendships within their class or make use of some time off before school begins, the MTrek program may be just the answer. MTreks, which were first offered in 1999, are small-group, multiday, outdoor adventure trips that take place before the academic year begins. Organized in locations around the world, the trips are entirely student led (by second-year MBA students) and are designed to provide a team-based environment similar to that found at Ross and to promote leadership in a team setting. MTreks look to be as inclusive as possible—trips are available to suit a wide variety of interests and thus range from hard-core adventure to relaxing sightseeing excursions.

In 2018, students were able to participate in such treks as “Fast and Furious: Sing-a-laysia Edition,” which took place in Malaysia and Singapore; “Alpaca Your Bags,” a hiking trip in Peru; and “We Like to Port-y,” a trip to Portugal. 2017 treks included “A Song of Fire and Ire,” which took participants to Iceland and Ireland; “African’t Stop, Won’t Stop,” an off-the-beaten-path trip to South Africa and Swaziland; and “Netflix and Chile,” an outdoor adventure in Chile and Argentina. In 2016, treks ranged from “Not Your Basic Beaches,” during which participants explored private beaches and the countryside of France and Spain, to “Guate Get Down,” which took place in the historic areas of Belize and Guatemala.

So, whether you are interested in hiking and rafting in Iceland or beaching and snorkeling in Mexico, MTreks provide a chance to build friendships and develop leadership skills while having a great time.

Similar to Michigan Ross, New York University’s (NYU’s) Stern School of Business provides ample opportunity for its students to spend time abroad during one- or two-week trips, through its “Doing Business in…” (DBi) program. DBi trips take place between the fall and winter semesters, during spring break, and in May (after classes conclude). Each course (trip) is tailored to its specific locale and includes a mix of lectures given by Stern faculty as well as by local business practitioners and/or government representatives. Complementing the classroom learning are hands-on field experiences at corporate headquarters, factories, ports, development sites, and other such locations. DBi destinations in recent years have included Costa Rica, Spain, Brazil, Singapore, Israel, and Australia, just to name a few. Students who participate in the DBi program gain a new perspective on conducting business in a different culture while making some great memories with fellow “Sternies” along the way.

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