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05 Mar 2021, 09:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: I Need to Tell It All! (Part 1) |
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In your pursuit of acceptance to business school, you are competing against thousands of other applicants. Because you do not actually know these individuals, you may naturally assume that you need any and every edge available to stand out. As a result, you may feel compelled to provide every single detail of your life, exploiting your resume in particular to do so. We want you to maximize your opportunities, of course, but we also want to be sure you do not jeopardize your application by offering too much information. Our experience has shown that many resumes—especially those in which every margin is narrowed and every font is made smaller—provide a detrimental surplus of detail. Some become so dense with text that rather than being easily scannable, which is the ideal, they are entirely impenetrable and therefore easy to ignore. We often tell clients that “less is more,” explaining that a brief resume that will be read in full is more beneficial than a dense resume that will not get read at all. At an Association of International Graduate Admissions Consultants Conference, eight leading admissions officers were asked whether they would prefer a one-page or two-page resume, and one person led all the others in declaring, “Everyone together… one page!” Even with a one-page resume, however, you need to understand what is useful to include and what should be excluded. The answer to this riddle is different for everyone. You may consider jettisoning internships from years gone by, for example, or reducing the number of bullet points offered for past jobs. Eliminating entries for community involvements from long ago could be helpful. The agenda for your resume should be to create maximum impact, and sometimes that is achieved by using fewer words and bullet points. You may need to make tough choices, but the time and effort will be well spent if you ultimately submit a stronger resume and thereby make a more compelling statement about yourself. |
06 Mar 2021, 09:00
| FROM mbaMission Blog: Full-Time MBA Programs at Rotman School of Management and Simon Business School |
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The University of Toronto’s Rotman School of Management was ranked third among Canadian MBA programs by the Financial Times in 2020. 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. The Rotman Self-Developmental Lab, which offers feedback on the students’ communication style and behavioral performance via group workshops and personalized sessions with psychologists and management consultants, is also part of the first year of studies. The program, according to the school’s site, is “aimed at developing and nurturing in all students the communicative, interactive and interpersonal skills essential to the high-value added collaborative problem solver and decision maker in contemporary organizations.” In their second year, Rotman MBA students are given the option to choose from 16 different major areas, including Global Management, Social Impact and Sustainability, Innovation and Entrepreneurship, and Funds Management, while supplementing their focus with a broader array of more than 90 elective courses. Meanwhile, only 170 miles away but across the border, the full-time MBA program at the Simon Business School at the University of Rochester offers a broadly finance-oriented general management curriculum featuring particular strengths in analytics and accounting. Simon’s program is built on a foundation of 12 core courses, including “Managerial Economics,” “Capital Budgeting and Corporate Objectives,” and “Marketing Management.” Students complete their core with an assigned study team before exploring more specialized professional interests. The school’s elective courses represent a variety of industries and functions, such as entrepreneurship, consulting, and real estate. Students may choose from ten career specializations, which are divided into three tracks: Finance, which includes such topics as Banking, Corporate Finance, and Asset Management; Consulting, which includes Pricing, Strategy, Technology, and Operations; and Marketing, which includes Product Management and Brand Management. Students also have ten available minors, which are divided into cross-functional and functional and include Analytics, Global Business, and Leadership. In addition, the Simon MBA EDGE Program provides students with opportunities for personal development in such areas as problem solving, communication, and leadership through involvement in activities including clubs, advisory boards, and other groups on campus, as well as case competitions and projects with area companies. The program, which the school’s website says was developed to give students the skills that “provide a process for self‐leadership that can prepare [them] for a lifetime of opportunities,” aims to complement knowledge learned in the classroom and increase students’ value to potential employers. Simon’s Ain Center for Entrepreneurship and Center for Pricing offer curricular and research support to supplement the specific career concentrations. Simon is also home to more than 20 professional and social student-run organizations aimed at coordinating networking events and professional development resources to assist students in advancing their careers. |
07 Mar 2021, 09:00
| FROM mbaMission Blog: How to Use Anecdotes and Captivate with Experience in Your MBA Application Essays |
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Many business school candidates take a straightforward, historical approach in their personal statement essays. Although this can be an easy way to organize an essay, it may deprive applicants of an opportunity to deliver a more focused and gripping introduction. Nothing is fundamentally wrong with taking a historical approach, of course, but an anecdotal approach can better maintain a reader’s interest in certain circumstances. Of course, this all comes down to execution. Example: Historical “When I graduated from New York University with a finance degree, I eschewed Wall Street and pursued my own distinct path; I opened a flower shop in midtown New York, never imagining the challenges I would face as I strived to bring in new customers and locate products around the world. With time, I learned to advertise selectively (on billboards in local office buildings) and developed relationships with suppliers, particularly one in Peru, with whom I obtained an exclusive on Heliconia flowers. After one year, we started to specialize in foreign flowers, and with a niche identified, we developed a strong client base. My firm stabilized, and I was no longer bleeding cash to support my 11 employees; we were cash-flow neutral and contemplating a new location.” This introduction is very direct and informative but involves almost no drama or emotion. To be more effective, the writer might instead consider positioning themselves as “the hero” and drawing the reader in with some anecdotal tension. Example: Anecdotal “My hand quivered as I signed the lease for 1,000 square feet of retail space in midtown New York. Two months later, I threw open the doors to my flower shop and was stunned when I did not make a sale until my third day. Admittedly, I began to question the wisdom of entrepreneurship and wondered if I should have joined my peers from New York University’s finance program as an analyst on Wall Street instead. However, each day, a trickle of customers came in, and more often than not, they commented on the colorful and rare flowers in my window, like the Peruvian Heliconia, exclusive to my shop. Within weeks, I had core customers picking up scheduled orders and referring friends; I bolstered this ‘word of mouth’ with select advertising on electronic billboards in the four 50-story office towers surrounding the shop. Soon, I noticed a surge of customers and was no longer bleeding cash. After one year, we were cash-flow neutral, and I was even contemplating opening another location.” In this version, the same information is conveyed, but the tension inherent in the “quivering hand” and the empty store acts as a “hook” to draw the reader in. By taking this more personal, emotional, and indeed anecdotal approach, the writer allows the reader to identify with their struggle and thereby maintains the reader’s interest. Again, this is not a case of right or wrong, and each MBA candidate should decide what works best in their own essays. Indeed, our philosophy is that candidates should let their experiences, not just their word choices, captivate the admissions committees. Sometimes we find that applicants attempt to emphasize their actions with “extreme” adjectives and adverbs—an approach we strongly discourage. Example: “As others withdrew their support, I remained remarkably dedicated to our crucial fundraising efforts. I dramatically increased my participation in our strategic planning meetings and insisted that we push forward with a wildly creative guerrilla marketing plan, which brought forth tremendous results—$1M in ‘instant’ proceeds.” In these two sentences, the writer uses the descriptors “remarkably,” “dramatically,” “wildly,” and “tremendous” to make their impression. We find that a more effective approach is to eliminate these “extreme” descriptions and let the experiences do the “talking.” Example: “As others withdrew their support, I remained dedicated to our fundraising efforts. I increased my participation in our strategic planning meetings and insisted that we push forward with a guerrilla marketing plan that brought $1M in ‘instant’ proceeds.” In this second example, the writer does not need to say that the results were “tremendous,” because the $1M in proceeds speaks for itself; we do not need to be told that the marketing campaign was “wildly creative,” because this is implied in the nature of guerrilla marketing. In addition to truly showing a level of humility on the part of the candidate, this approach is also less wordy. Although the eight words saved in the latter example may seem inconsequential, we removed them from only two sentences. If you can remove four words from every sentence in your original draft, you could significantly but humbly augment your essay with other compelling ideas. |
08 Mar 2021, 15:00
| FROM mbaMission Blog: Ace the GMAT Essay? No, Thanks! |
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We all know that the GMAT essay is scored separately and that the schools do not care as much about the essay score. We also know we have to write the essays first thing, before we get to the more important Quant and Verbal sections (or even Integrated Reasoning), so we do not want to use up too much brainpower on the essay. Still, we cannot just bomb this section; the schools do care about the essay somewhat. So how do we do a good enough job without expending so much energy that we are negatively affected during the multiple-choice portion of the test? We need to develop a template, an organizational framework on which to hang our writing. The template will not, of course, tell us exactly what to write. For that, we need the actual essay prompt, which we will not see until we take the test. We can, however, determine how to organize the information ahead of time, as well as the general kinds of messages we need to convey at various points throughout. The template should tell us the following:
As a general rule, essays should have either four or five paragraphs total. The first paragraph is always the introduction, the last paragraph is always the conclusion, and the body (middle) paragraphs are for the examples we choose to use. Each paragraph should contain certain things; these are listed in the following sections. The information does not need to be presented in the given order, though; just make sure that each paragraph does contain the necessary information in some sort of clear and logical order. In addition, the information listed here is the minimum necessary info; you can certainly add more where appropriate. Brainstorming First, read the essay prompt. It will look/feel just like the Critical Reasoning (CR) arguments we see on the Verbal portion of the test, so tackle it in the same way! The argument will most closely resemble Assumption Family arguments, so find the conclusion and make sure you understand how the author is trying to support their conclusion. Next, brainstorm any assumptions* that you can think of and jot these down (or type them into the essay response area). *Note: if you have not started studying CR Assumption Family questions yet, assumptions are unstated pieces of information that the author is assuming must be true to draw their conclusion. Next, articulate flaws. Any assumptions are automatically flaws, because the author has not established that those assumptions are, in fact, true. You may also think of other flaws along the way. Finally, pick your two or three best flaws; these will form the basis of your essay. This whole process should take roughly three to four minutes. Many people find this the hardest part of writing an essay; you can practice by opening up the essay chapter of your Official Guide book and simply brainstorming for one essay prompt. Do not write the whole essay—just do the brainstorming portion once a day (only five minutes out of your day!) for a week or two, and you will become much more skilled at this step. First Paragraph
The first paragraph should also contain a thesis statement. The thesis is typically one sentence and conveys to the reader your overall message or point for the essay that you wrote. For the argument essay, you can write most of your thesis sentence before you get to the test! You already know that the argument will contain flaws, and that you will be discussing how those flaws hurt the author’s conclusion. Guess what? That is always your thesis! “While the argument does have some merit, there are several serious flaws which serve to undermine the validity of the author’s conclusion that XYZ.” DO NOT USE THAT EXACT SENTENCE. They are going to get suspicious if hundreds of people use the same sentence. (Besides, that is my sentence. Come up with your own!) Note the opening clause: “While the argument does have some merit.” This is what is called acknowledging the other side. We do not say, “Hey, your argument is completely terrible! There’s nothing good about it at all!” We acknowledge that some parts may be okay, or some people may feel differently, but our position is that the flaws are the most important issue (that is, our thesis is the most important thing). Notice one other thing that I do not say: I do not say, “I think.” I state my thesis as though it is fact and reasonable people surely agree with me. That is a hallmark of a persuasive essay. Finally, the first paragraph needs to introduce whatever examples we are going to use in the body paragraphs. Do not launch into the examples fully; that will come later. Do, though, mention the two or three flaws that you plan to discuss in the essay. Body Paragraphs Each flaw gets its own paragraph, so you will write either two or three body paragraphs of four to six sentences each. (I personally pick my two best flaws, so I write two body paragraphs. Remember, we just need to be good enough!) Your goal here is to support your thesis statement. In each paragraph,
While it’s certainly true that chopping half of your payroll will reduce costs, it doesn’t necessarily follow that the company will become more profitable! That loss of personnel may negatively impact revenues, reduce productivity, hurt morale of the remaining employees, and so on. The author is assuming that no such adverse effects will result from this action; that’s a flaw in their thinking. The author of such an argument could bolster the claim by, for example, presenting evidence that half of the employees are truly deadweight and firing them would not affect the company adversely. (Do not worry about whether this is likely, whether such evidence actually exists, or even whether this is the best way to improve profitability. Your job is only to strengthen the author’s existing argument a little bit. If the author could actually produce evidence showing that there would not be adverse effects from such layoffs, then their conclusion would be strengthened. Period.) Conclusion Paragraph
Before you go into the real test, you should have a fully developed template, so that all you have to do is come up with your two examples and then hang your words onto your framework. This does not mean prewriting and memorizing actual sentences, but do know in general the kinds of points you want to make in each paragraph. Practice with the above as a starting point until you develop something with which you are comfortable. Do not forget to leave some time to proof your essay; a few typos is okay, but systematic errors will lower your score. Manhattan Prep is one of the world’s leading test prep providers. Every one of its instructors has a 99th percentile score on the GMAT and substantial teaching experience. The result? Two decades and thousands of satisfied students. By providing an outstanding curriculum and the highest quality instructors in the industry, it empowers students to accomplish their goals. Manhattan Prep allows you to sit in on any of its live, online GMAT classes for free! Check out a trial class today. |
11 Mar 2021, 09:00
| FROM mbaMission Blog: Professor Profiles: Sankaran Venkataraman, 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 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. Venkat is the MasterCard Professor of Business Administration at Darden and the senior associate dean for faculty and research, and he teaches courses in the full-time MBA and executive MBA programs—including first-year courses in entrepreneurship, strategy, and ethics. Venkat 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, he 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 our free mbaMission Insider’s Guides. |
11 Mar 2021, 09:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: I Need to Tell It All! (Part 2) |
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Recently, we discussed observing limits with your resume. This time, we take a similar approach with your essays—in particular, your goals essay. Some business schools ask applicants to discuss their career progress first in a classic goals essay: Briefly assess your career progress to date. Elaborate on your future career plans and your motivation for pursuing an MBA. Whereas other schools do not request any professional context: What are your short-term and long-term post-MBA goals? How will our school help you achieve these goals? Applicants tend to seize on these broad, open-ended questions as opportunities to discuss their entire career history in depth, offering far more than mere context for their goals. In response to a question like the first one here, some candidates will mistakenly use 75% or more of the word space provided just discussing their career progression to date. Although this may seem “brief” to you, the truth is that focusing so extensively on your past minimizes your opportunity to discuss other crucial aspects of your candidacy. If you devote too much of your essay to detailing your past career progress, you will be unable to thoroughly address your reasons for wanting an MBA and your interest in the school. Providing context for your goals by giving an overview of your professional life to date is unquestionably important, but you must be sure to balance the different sections of your essay. Clearly conveying your goals and your reasons for choosing a particular school is crucial so that you connect with your target, rather than miss it entirely. |
13 Mar 2021, 09:00
| FROM mbaMission Blog: MBAs for Professionals at Villanova School of Business and Krannert School of Management |
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In 2013, the Villanova School of Business (VSB) received a $50M gift from alumnus James C. Davis, founder of recruitment company Allegis Group, and his wife, Kim. The donation—part of a $600M capital campaign—was the largest in the school’s history and was reportedly “earmarked to improve academic and career advising, increase internship and study abroad opportunities, perform technology upgrades, and provide scholarships,” according to Bloomberg Businessweek. VSB also planned to use a portion of the funds to “beef up its faculty roster to include more professors focused on teaching as opposed to research.” With a satellite campus in Center City, Philadelphia, VSB specializes in part-time programs for working professionals, allowing them to enjoy the benefits of a full-time curriculum without leaving their job. In this vein, the school offers an accelerated, two-year, part-time Fast Track degree option, for which students meet twice a week, as well as the more customizable Flex Track degree option, which typically takes three years to complete and accommodates varying course loads. One advantage of the accelerated option is the opportunity to partake in the school’s three-part capstone project, which includes the “Social Enterprise Consulting Practicum,” “Global Practicum,” and “Global Strategic Management” courses—each lasting 14 weeks. In the “Social Enterprise Consulting Practicum,” students work with local nonprofit organizations to identify strategies in such areas as branding, funding, and membership retention. Alternatively, the latter two courses entail working with a multinational corporation to gain firsthand experience analyzing market issues. VSB also hosts a variety of elective international immersion courses, through which students may travel abroad over winter break or during the summer. Another option for professionals is Purdue University’s Krannert School of Management, whose two executive MBA programs focus on helping professionals gain their advanced business degrees while maintaining a career. Students can select the traditional executive MBA program, which features six residencies at Krannert and one abroad, or the IMM Global Executive MBA program, during which students are divided into cohorts and take part in residencies in each of the six IMM partner schools (including Krannert). Locations for the residencies include Brazil, China, and Italy. Both of these executive MBA programs take place over the course of 19 months and include online learning modules in addition to in-person studies. |
14 Mar 2021, 13:00
| FROM mbaMission Blog: How to Lead with and Contextualize Your Goals in MBA Application Essays |
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When business school candidates read an essay prompt, they often interpret it quite literally. For example, when a school asks applicants a multipart question such as “What will you contribute to our school’s community, and how will being part of it help you extend your professional vision?,” many applicants assume they must answer the subquestions in the exact order in which they are asked. However, this is not true. Such questions are actually quite flexible, and sometimes, you can better engage your reader by pursuing your own structure. We have found that for overrepresented candidates with unique professional goals, one strategy that can be quite helpful is leading with goals instead of professional history. After all, “typical” experience is not as captivating as unusual (but realistic!) ambitions. So, the technologist who plans to open a boutique hotel or the investment banker who aspires to start a competitive windsurfing circuit can use these bold goals to stand out from the start. We must emphasize, however, that such candidates need to have and portray a compelling connection to their goals, and we do not suggest that overrepresented candidates strive to imagine or create “wild” goals just to catch an admissions committee’s attention. However, if you have a profound connection to an uncommon aspiration, then responding to a school’s questions in a different order and ensuring that your goals are front and center could make a difference. Another trend we have noticed is that when tailoring their essays to specific schools, many candidates do not go far enough to demonstrate a clear and understandable connection between themselves and their target programs. Offering school-specific information is good, but you must go beyond merely mentioning the particular resource(s) that appeal to you—you must add context for your claims. What is the difference between a mere mention and providing context? Mention: “With a focus on entrepreneurship, I will participate in the CBS Entrepreneurial Greenhouse process. Further, I am attracted to classes such as ‘Foundations of Innovation,’ ‘Think Bigger,’ and ‘Entrepreneurial Strategy.’ I also plan to join the…” Context: “With clear plans to launch my start-up during my time at Columbia Business School, I look forward to testing my ideas through the Entrepreneurial Greenhouse accelerator; I find this opportunity to meet with seed funders and gain critical feedback and mentoring invaluable as I strive to refine my business plan and learn more about how to source investments…” In the first example, the candidate shows an awareness of the Entrepreneurial Greenhouse but does not provide the context necessary for the reader to fully understand how they will use this resource; therefore, the mention is entirely superficial. As a result, it is unconvincing, impersonal, and easily forgettable. The applicant has seemingly not taken the time to reflect on this resource and how they would use it to progress toward their stated goals. The candidate then goes on to list the classes they plan to take and essentially succeeds in little more than cataloging resources rather than offering a reasoned consideration of how the school’s offerings are necessary. The second example better explains exactly how the candidate will use the resource mentioned; the applicant has clearly done the necessary research on the school and truly grasps how Columbia Business School will satisfy their academic and professional needs. Because the latter example is more informed and serious minded, the admissions reader can be certain that the candidate has a set path and a clear plan to achieve specific goals. |
16 Mar 2021, 08:00
| FROM mbaMission Blog: Developing Your GMAT Study Plan |
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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.? Help! I need to get ready for the GMAT—where do I even start? You need to make a few major decisions at the beginning, starting with this one: do you want to study on your own, take a class, or work with a private tutor? Each path has its advantages and disadvantages; this article can help you decide. Next, if you take a class or work with a tutor, then your teacher will give you a study plan, at least for the length of time that you are working together. If not, you will have to devise your own study plan. This will take some effort, but it is not rocket science—if you are thoughtful and thorough, you can put together a very good study plan. I want to point out a couple of highlights from the study plan article. First, you need to know your goal and your starting point; if you do not know what level you are at right now or what score you are trying to achieve, then putting together a good study plan is impossible. Second, you are going to need study materials that fall into three broad categories: (1) test content and methodology (what to study and how to study), (2) practice questions, and (3) practice tests. Finally, make sure that you know how to study/learn in an efficient and effective manner. Hint: doing 2,000 practice problems does not equal “efficient and effective.” Nor does taking a practice test every three days, or even every week. Read the article for more! |
18 Mar 2021, 08:00
| FROM mbaMission Blog: Professor Profiles: Saras D. Sarasvathy, 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 in 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 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 our free mbaMission Insider’s Guides. |
22 Mar 2021, 11:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: I Have No Real Options |
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In the late 2000s, Harvard Business School (HBS) made a change to its application essay questions that surprised many. Its previously mandatory “long- and short-term goals” essay prompt changed its focus more broadly to “career vision” and became one of four topic choices from which applicants could select two. Immediately, MBA candidates tried to read between the lines and decipher HBS’s hidden agenda behind the change. As a result, many perplexed applicants called us, asking, “Every other school asks about goals, so HBS must want to know about them, too. I need to answer the essay question option about career vision, right?” This question, in turn, compelled us to ask rhetorically: Why would HBS make a question an option if the admissions committee expected you to answer it? If it did, why would the school not simply designate the question as mandatory, as it had been previously? We believe that in this case, HBS made the question an option because the admissions committee did not feel that applicants must have a definite career vision to be admitted. Essentially, HBS was saying, “If you have a well-defined career vision that would help us better understand who you are as a candidate, tell us about it. If not, we would love to hear something else that is interesting about you.” Note that HBS no longer poses this particular essay question, but we offer it here as a way of illustrating how candidates can sometimes overthink or misinterpret the “optional” elements of a school’s application. Essay options are just that: options. None of HBS’s essay choices—or those of any other MBA program—are necessarily “right” or “wrong.” The admissions committees are not trying to trick you, nor does a secret answer exist that will guarantee your acceptance. The programs offer multiple essay question options because they know that each applicant is different, and they want to provide an opportunity for each candidate to tell their unique story. So, as you approach your essays, focus on what you want to say—not what you think the admissions committee wants to hear. |
22 Mar 2021, 11:00
| FROM mbaMission Blog: International Opportunities at Wharton and Dartmouth Tuck |
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To think that the Wharton School of the University of Pennsylvania excels only in churning out investment bankers and management consultants would be a mistake. In fact, Wharton boasts a truly international program that was ranked #5 in this area in the 2021 U.S. News & World Report MBA specialty rankings. International students constitute 19% of the school’s Class of 2022 and represent 70 countries, and 13.4% of the school’s 2020 graduates took jobs outside the United States. Students who wish to study international business at Wharton have no shortage of options for doing so, including the following:
Students gain hands-on international experience through the “OnSite Global Consulting” (formerly “Tuck Global Consultancy”) course, which gives second years the chance to put their education into practice worldwide. Since 1997, students have consulted with 175 global organizations on more than 247 projects in 64 countries, according to the Tuck website. On-site consulting projects are led by small teams of students working under the supervision of Tuck professors with extensive consulting backgrounds. A large percentage of the second-year class participates in this elective, defining projects in the spring or early fall, then traveling to their assigned countries for three weeks to perform on-site research and analysis. At the end of the program, students present their findings to their clients. Past clients include such major corporations as Alcoa, British Telecom, DuPont, Hewlett-Packard, Home Depot, John Deere, Johnson & Johnson, Microsoft, Nike, and Walmart. For more information on other defining characteristics of the MBA program at Wharton, Dartmouth Tuck, or one of 16 other top business schools, check out our free mbaMission Insider’s Guides. |
24 Mar 2021, 09:00
| FROM mbaMission Blog: Maximize Your GMAT Study Results by Boosting Your Memory |
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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. Has this happened to you? You have ambitious plans to study a ton of things over the weekend. You get tired, but you are determined to push through, so you keep studying. You begin to get a bit anxious because you feel you are not learning well (and you are not!), so you study even more. You get even more tired, and that makes it even harder to learn. By the end of the weekend, you are exhausted, frustrated, and demoralized. Time magazine published a fascinating little article back in 2012: “To Boost Memory, Shut Your Eyes and Relax.” Go take a look at it. Do not worry; I will wait. In a nutshell: your brain makes better memories when it is not tired. The Time article quotes Michaela Dewar, the lead author of a research study on this topic. She notes that we are “at a very early stage of memory formation” when we first start to study new information, and “further neural processes have to occur after this stage for us to be able to remember this information at a later point in time.” The italics are mine. Note what Ms. Dewar has said: more “stuff” has to happen in our brains after we have studied this info for us to be able to recall that information later on. In the meantime, we have to go do something else that does not involve learning other new things. Eat lunch. Take a walk or exercise. Listen to some music while cleaning the house. Get a good night’s sleep. How can we use this in our GMAT study? There are many ways to study, but do not plan to study for more than about two hours at a stretch. Cut yourself off earlier if you realize that you are feeling significantly mentally fatigued. If you do hit that two-hour mark, stop. You can study more today, if you want, but first take at least a one-hour brain break. Next, if you plan to study on days that you also have work or class, see whether you have the flexibility to study before or during the class/work day. You could get up a little earlier than normal (warning: do not try this if you are a night person) or possibly arrange to get into work a bit later than normal a couple of days a week. You could study on your lunch break. These sessions might only run 20 or 30 minutes, but that is fine—you are just trying to get some studying done earlier in the day, while your brain is more fresh! |
24 Mar 2021, 09:00
| FROM mbaMission Blog: Professor Profiles: Jeremy Siegel, the Wharton School of the University of Pennsylvania |
 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 profile Jeremy Siegel from the Wharton School of the University of Pennsylvania. Jeremy Siegel is arguably one of the most recognizable and renowned professors at Wharton, and not just because he regularly appears on CNN, CNBC, and NPR to weigh in on the financial markets. One first-year student we interviewed referred to Siegel as “THE professor at Wharton.” Siegel, who has taught at the school since 1976 and is the Russell E. Palmer Professor of Finance, combines his expertise with a passion for teaching. The long list of teaching awards he has received includes Bloomberg Businessweek’s Best Business School Professor (worldwide) accolade in 1994. In addition, Siegel’s expertise gives him almost unparalleled street cred in the eyes of Wharton students—not an easy lot to win over on the topic of the stock market. At the beginning of each class session for his macroeconomics course, Siegel pulls up live market data and quickly interprets what is going on in the markets that day. Interestingly, even students who are not enrolled in this course commonly stand at the back of the room to watch this summary. Siegel has been recognized often for his writings, having won numerous best article awards, and is a bestselling author. The Washington Post named his book Stocks for the Long Run: The Definitive Guide to Financial Market Returns and Long-Term Investment Strategies “one of the ten-best investment books of all time.” And in 2005, Bloomberg Businessweek named another of Siegel’s works, The Future for Investors: Why the Tried and the True Triumph Over the Bold and the New, one of the best business books of the year. Also in 2005, Siegel received the prestigious Nicholas Molodovsky Award from CFA Institute, awarded to “those individuals who have made outstanding contributions of such significance as to change the direction of the profession and to raise it to higher standards of accomplishment.” For information on other defining characteristics of the MBA program at Wharton or any of 16 other top business schools, please check out our free mbaMission Insider’s Guides. |
25 Mar 2021, 09:00
| FROM mbaMission Blog: Five Ways to Improve the Effectiveness of Your Job Search |
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If you are searching for an internship or a new full-time role, is it taking a long time? Are you frustrated with a lack of interview invitations in your job search? If so, think about the following ways to improve the effectiveness of your efforts. Do not simply rely on applying to online job posts. Many jobs are never posted online, and for those that are, hiring managers likely already have a list of top candidates before posting them. Consider using 50% of your job search time on networking and identifying opportunities versus applying to jobs posted online. Try this: Create a list of 10–20 target companies (regardless of whether they have a current posted opening), and then search your connections to find employees who work at these firms; they can help you understand these businesses and their hiring needs. In addition, look at the connections of your first-degree network on LinkedIn and request introductions to people who work at companies of interest. Leverage your network to gather information and build advocates. A 2016 study by The Adler Group revealed that 85% of jobs are filled through some sort of networking. Try this: Be specific in your requests for networking conversations, but do not ask for a job or for them to refer you for a job. Customize the conversation to the contact. Learn about the organization and its needs, and gather information on the best way to navigate the application process. Customize your application. While Jobscan reported that almost 100% of Fortune 500 companies use applicant tracking systems (ATSs), a majority of resumes submitted to these systems are rejected. The right keywords and simple formatting are a must. Try this: Analyze the job description, looking for specific skills or areas of knowledge in the responsibilities section that are especially important for the role. Use information gathered from your networking conversations to communicate a connection between the company’s needs and your qualifications in your resume and cover letter. Follow up on your job applications. Many candidates submit numerous job applications each week with the hope of getting selected but do not take any initiative to demonstrate their level of interest. Try this: If you do not hear back on a job application within two weeks, reach out to the hiring manager, the recruiter, or your internal connection via email or LinkedIn. Confirm that they received your application, let them know you remain interested in the role, and ask about their timeline for hiring. Develop and leverage industry-specific knowledge. It is not enough to just know about an industry; employers expect candidates to have a passion for the business and ideas on how to move it forward. Try this: Read (a lot!) about your target companies and industry. Sign up for e-newsletters from trade associations and relevant industry publications. Follow your target companies and key influencers in the space on LinkedIn. Use that information, along with insights from networking conversations, to build and share your perspective on trends and opportunities. |
29 Mar 2021, 11:00
| FROM mbaMission Blog: MBA Admissions Myths Destroyed: The Open Waitlist Is a Flood |
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Have you heard the following admissions myth? When a school that has placed you on its waitlist says that it wants no more information from you, this is some kind of “test,” and you should supply additional materials anyway. As we have discussed in the past, this is patently not true. Similarly, when programs tell their waitlisted candidates they are open to important additional communication, such applicants should not interpret this to mean constant communication. The difference is significant. As is the case with any waitlist situation, before you do anything, carefully read the waitlist letter you received from the Admissions Office. Frequently, this will include a FAQ sheet or a hyperlink to one. If the school permits candidates to submit additional information but offers no guidance with respect to quantity, this does not mean that you should start flooding the committee with novel information and materials. If you have another potential recommender who can send a letter that highlights a new aspect of your profile, you can consider having them send one in, but you should not start a lobbying campaign with countless alumni and colleagues writing on your behalf. Similarly, you could send the school an update email monthly, every six weeks, or even every two months—the key is not frequency or volume but materiality. If you have something important to tell the admissions committee that can help shape its perspective on your candidacy (e.g., a new project, a promotion, a new grade, an improved GMAT score, a campus visit), then you should share it. If you do not have such meaningful information to share, then a contrived letter with no real content will not help you. Just because you know others are sending letters, do not feel compelled to send empty correspondences for fear that your fellow candidates might be showing more interest. They just might be identifying themselves negatively via their waitlist approach. Take a step back and imagine that you are on the admissions committee; you have one candidate who keeps you up to date with a few thoughtful correspondences and another who bombards you with empty updates, emails, and recommendations that do not offer anything substantive. Which candidate would you choose if a place opened up in your class? When you are on the waitlist, your goal is to remain in the good graces of the admissions committee. Remember, the committee members already deem you a strong enough candidate to take a place in their class, so be patient and prudent, as challenging as that may be. |
29 Mar 2021, 11:00
| 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 hang tough 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 Ski and Snowboard 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 weekend-long Tuck Winter Carnival, which draws more than 650 people from approximately 15 business schools. In 2020, multiple student teams participated in such events as downhill ski races, a 1980s fashion show, and a DJ dance party. All events at the Winter Carnival combine socializing with raising money for a selected nonprofit organization. At Tuck, you just might be too busy working up a sweat to fret about the cold. Evanston, Illinois—home to Northwestern University’s Kellogg School of Management—might not immediately come to mind as a popular destination for skiers. But although Kellogg students may not go skiing in Evanston proper, more than 800 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 they 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. The 2019 event took place in December in Whistler, Canada. In a January 2018 Poets&Quants article, a second year described his experience on a past Kellogg ski trip: “While we spent our days bungee jumping, dog-sledding, and snowboarding, we also deepened our relationships with other members of the Kellogg community.” 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 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 Dartmouth Tuck, Northwestern Kellogg, and 15 other top business schools have to offer, check out our free mbaMission Insider’s Guides. |
29 Mar 2021, 12:00
| FROM mbaMission Blog: Get a Free “Crash Course” for Your MBA Applications: Featuring CBS, UVA Darden, Northwestern Kellogg, MIT Sloan, and Yale SOM |
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[url=https://www.mbamission.com/blog/wp-content/uploads/2021/03/YOUR-MBA-APPLICATION_-A-CRASH-COURSE.png][img]https://www.mbamission.com/blog/wp-content/uploads/2021/03/YOUR-MBA-APPLICATION_-A-CRASH-COURSE-1024x577.png[/img][/url] Attending business school is a big goal. We will help you see it through! The leaders in the MBA admissions space—[b][url=https://www.mbamission.com/]mbaMission[/url][/b] and [b][url=https://www.manhattanprep.com/]Manhattan Prep[/url][/b]—are coming together to make sure you will be ready for the 2021–2022 business school admissions season. Join us for a free eight-part online course, running weekly from April 1–May 20, to learn what you need to be doing NOW to create a compelling MBA application. Admissions consultants from mbaMission will address and explain different significant MBA admissions processes, while experts from Manhattan Prep will help you tackle some of the toughest challenges test takers face, offering valuable insight and advice. No matter where you are in your MBA application journey, this free online course will offer you expert insights and guidance as you work toward your goals. From figuring out which test is best to take (the GMAT, GRE, or even the Executive Assessment?) to speaking with admissions officers, you will get a well-rounded view of the MBA admissions process. [b][url=https://www.manhattanprep.com/gmat/mba-admissions/your-dream-mba/]Click here to enroll (for free) in “Your MBA Application: A Crash Course[/url].”[/b] Course schedule: [list] [b]Thursday, April 1, 2021: No Stone Unturned: Your 2021–2022 MBA Application Starts NOW![/b][b] [/b]8:00–9:30 p.m. ET[b] [/b]Join mbaMission Founder/President Jeremy Shinewald as he discusses creating your ten-month (and beyond) MBA application timeline; factors admissions officers evaluate each candidate on; how to assess your own quantitative and qualitative factors to anticipate how you will be viewed and what you can do to improve that assessment; and getting “stats” ready, including accelerating personal goals, taking additional coursework, and more. [/*] [b]Thursday, April 8, 2021: How to Pick the Right B-School[/b] 8:00–9:30 p.m. ET Join mbaMission Managing Director Jessica Shklar as she discusses the differences that exist among the top MBA programs and how you can choose the right business schools for you. [/*] [b]Thursday, April 15, 2021: Test Optional and GMAT vs. GRE vs. EA[/b][b] [/b]8:00–9:30 p.m. ET [b] [/b]Join Manhattan Prep instructor Jamie Nelson and mbaMission Founder/President Jeremy Shinewald as they explain the key differences between the exams and how business schools view each test—and help you determine which one may be best for you. [/*] [b]Thursday, April 22, 2021: How to Maximize Results from Your MBA Profile and Test Score[/b] 8:00–9:30 p.m. ET Every year, thousands of strong applicants apply to business school. To get noticed, you will need an impressive GMAT or GRE score and an unforgettable application. Join MPrep instructor Jamie Nelson as she discusses the GMAT’s scoring system and how you can approach the test with the right mindset to get your best return on investment. Then, mbaMission Senior Consultant Rachel Beck will tell you what admissions officers look for and advise you on how to make your application stand out. [/*] [b]Thursday, April 29, 2021: Writing Standout MBA Application Essays[/b] 8:00–9:30 p.m. ET To grab the attention of a top business school, you will need to write an essay that is well crafted and memorable. Learn to do just that in this session led by mbaMission Senior Consultant John Sisk, who will help you start to uncover your personal story, craft a strong opening statement, develop your goals, and connect those goals to your target school. [/*] [b]Thursday, May 6, 2021: MBA Personal Statement Workshop[/b] 8:00–9:30 p.m. ET In this session, we will examine sample personal statements, learning how to write about goals in a compelling manner and to reveal a profound connection with your target programs. We will also focus on what not to do, because nothing leads to a “ding” faster than an impersonal personal statement! mbaMission Founder/President Jeremy Shinewald will lead this session and ensure that you are prepared to connect with the admissions committees at your chosen MBA programs. [/*] [b]Thursday, May 13, 2021: GRE for B-School: Tackling the Toughest Topics[/b] 7:00–8:15 p.m. ET Taking the GRE for b-school? Have a top MBA program in mind? We have got you covered with this free event. You will learn how to approach the toughest topics—from Quant to Verbal. This is a great event for students at any stage in their prep. Even if you have already started your studies, we will help set you to reach your highest potential. [/*] [b]Thursday, May 13, 2021: Advanced GMAT: 700+ Level Quant and Sentence Correction Strategy[/b][b] [/b]8:30–9:45 p.m. ET[b] [/b]The GMAT has four subscores, but your Quant score will likely be the most important. Get ready to tackle the most difficult Quant problems with this free event led by Manhattan Prep instructor Jamie Nelson. Jamie will also walk you through an equally tough section: Sentence Correction. Learn how to nail the most challenging problems, no matter how long or confusing each passage may seem. |[/*] [b]Thursday, May 20, 2021: Top MBA Admissions Directors Answer Your Questions![/b] 8:00–9:30 p.m. ET Getting into a top MBA program can be a challenging goal, but we are here to help you do it. In this event, we are bringing you direct access to some of the world’s best business schools so that you can ask them all your questions, learn what makes each one unique, and get advice on how to put your best foot forward in your application. mbaMission Founder/President Jeremy Shinewald will host this free Q&A session with a panel of admissions officers from leading business schools, including the [b]MIT Sloan School of Management,[/b] [b]Columbia Business School[/b], the [b]Northwestern University Kellogg School of Management[/b], the [b]University of Virginia Darden School of Business[/b], and the [b]Yale School of Management[/b].[/*] [/list] Are you ready to put your best foot forward for the upcoming MBA application season? [b][url=https://www.manhattanprep.com/gmat/mba-admissions/your-dream-mba/]Click here to enroll (for free) in “Your MBA Application: A Crash Course[/url].[/b][b]”[/b] If you cannot make one of the sessions, no problem! Be sure to register; we will email a recording link to you after each session. |
01 Apr 2021, 12:00
| FROM mbaMission Blog: How to Approach Overrepresentation and Old Achievements in Your MBA Application Essays |
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Many MBA applicants—such as male investment bankers and Indian software engineers—worry that they are overrepresented in the candidate pool. Applicants cannot change their work histories, of course, but they can change the way they introduce themselves to the admissions committee. Consider the following examples: Example 1: “As an investment banker, I…” Example 2: “Managing a team to code a new software product for ABC Corp., I…” In these brief examples, the candidates blatantly introduce the very overrepresentation they would like to minimize. Many applicants feel they must start their essays by presenting their titles or company names, but this approach can immediately make the reader pause and think, “Here we go again.” Overrepresented business school candidates should therefore consider the opening lines of their essays especially carefully. Rather than stating the obvious, an applicant might instead immerse the reader in a situation or present a special aspect of their position. Example 1 (launching into a story): “At 5:30 p.m., I could rest easy. The deadline for all other offers had passed. At that point, I knew…” Example 2 (stand out): “While managing a multinational team, half in Silicon Valley and half in Pakistan, I…” In the first example here, the banker candidate avoids drab self-introduction and instead plunges the reader into the midst of a mystery that is playing out. In the second example, the software engineer candidate is introduced not as a “coder” but as a multinational manager. Of course, every applicant’s situation is different, but with some effort, your story can be told in a way that avoids the pitfalls of overrepresentation. Another issue that aspiring MBAs should consider is the relevance of the stories they tell in their application essays. Because business school candidates must share examples of a variety of experiences with admissions committees, we encourage applicants to truly reflect on their lives and consider all potential stories, including academic, professional, community, extracurricular, athletic, international, and personal. However, candidates inevitably have questions about which anecdotes are truly appropriate and effective. “Can I use stories from high school and college?” “Can I use a story from four years ago?” “How far in the past is too far in the past?” Although no definitive rule exists, with the exception of questions that specifically ask about personal history or family background, schools generally want to learn about the mature you—the individual you are today. So, we ask you, “How long have you been the you that you are today?” When considering experiences that occurred long ago, ask yourself, “Would this impress an MBA admissions committee today?” If you ran a few successful bake sales six years ago when you were in college, this clearly would not stand the test of time and impress a stranger today. However, if, while you were still a student, you started a small business that grew and was ultimately sold to a local firm when you graduated, you would have a story to tell that would likely impress an admissions reader. Inevitably, judgment is always involved in these decisions. Nonetheless, we offer this simple example as a starting point to help you decide which stories to share. |
01 Apr 2021, 12:00
| FROM mbaMission Blog: How to Approach Quantitative Comparison Questions in the GMAT |
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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 taking the GRE instead of the GMAT, you will have to deal with the GRE’s “weird” question type: Quantitative Comparison (QC). What are these questions, and how do we handle them? What is Quantitative Comparison? The GRE and the GMAT really are not math tests, all evidence to the contrary. These tests are actually trying to test us on our “executive reasoning” skills—that is, how well we make decisions and prioritize when faced with too many things to do in too little time. So QC questions are really about quickly analyzing some information and figuring out a relationship between two quantities. If we label the two quantities A and B, we have four possibilities: (A) Quantity A is always bigger than Quantity B. (B) Quantity B is always bigger than Quantity A. (C) The two quantities are always equal. (D) I cannot tell, or there is not an “always” relationship; maybe sometimes A is bigger and sometimes B is bigger, or sometimes A is bigger and sometimes they are equal. We do, of course, have to do some math—and sometimes that math is quite annoying. We usually do not, however, have to do as much as we usually do on regular “problem solving” questions (the normal Quant questions). How does Quantitative Comparison work? First, the question is always the same: figure out the “always” relationship, if there is one (in which case the answer is A, B, or C), or figure out that there is not an “always” relationship, in which case the answer is D. Some QC questions will provide us with “givens”—information that must be true and that we will need to use when answering the question. For example, a problem might read as follows: x > 0 So now I know that x is positive. Is it an integer? Maybe. But it could also be a fraction or decimal, as long as that value is positive. Next, the problem will give us two columns with their own pieces of information. For example: Quantity A Quantity B x = 3 x2-9 = 0 We do not have to do anything with Quantity A; it already tells us what x is. What about Quantity B? Solve: (x+3)(x-3) = 0 x = -3, x = 3 It seems like the answer should be D, right? Sometimes Quantity A is bigger and sometimes they are the same. Do not forget about our “given,” though! We are only supposed to use positive values for x, so we can ignore x = -3 for Quantity B. Both quantities are always equal, so the answer is C. Okay, these are weird. How do I get better? These are going to take some practice, yes. In addition, this was only a very short introduction; a ton of great strategies are out there that you can learn. Look for books, articles, classes, and other resources to help. (Here is one to get you started.) You also, of course, have to learn a bunch of math. What we have presented here, though, should help you get started on this kind-of-bizarre question type in the first place! |
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Hi Generic [Bot],
Here are updates for you:
ANNOUNCEMENTS
 Wednesday, Apr 24, 2024 11:30am NY / 3:30pm London / 9pm Mumbai Watch earlier episodes of DI series below EP1: 6 Hardest Two-Part Analysis Questions EP2: 5 Hardest Graphical Interpretation Questions  ➡️ Sayali narrates her experience of succeeding on the GMAT after 4 attempts & 2 years of preparations with 32 percentile improvement on GMAT verbal.
Tuck at Dartmouth
AGSM at UNIVERSITY OF CALIFORNIA RIVERSIDE
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