Accepted Admissions Consulting Blog » MBA Admissions http://blog.accepted.com Admissions consulting and application advice Fri, 18 Apr 2014 14:50:52 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.3 Admissions consulting and application advice Accepted Admissions Consulting Blog no Admissions consulting and application advice Accepted Admissions Consulting Blog » MBA Admissions http://blog.accepted.com/wp-content/plugins/powerpress/rss_default.jpg http://blog.accepted.com/category/mba-admissions/ Tips for Applying to Part-time MBA Programs http://blog.accepted.com/2014/04/18/tips-for-applying-to-part-time-mba-programs-2/ http://blog.accepted.com/2014/04/18/tips-for-applying-to-part-time-mba-programs-2/#comments Fri, 18 Apr 2014 14:50:52 +0000 http://blog.accepted.com/?p=22013 ]]> Download your free copy of Ace the EMBA: Expert Advice for the Rising Executive

Attending grad school while working is grueling, period.

The extensive available advice about applying to MBA programs was largely created with applicants to full-time MBA programs in mind. If you are applying to part-time MBA programs, most of this advice will be pertinent for you as well. But there are some nuances to applying to part-time programs that warrant attention.

The fact of working while you are studying is one, and it affects the application. The nitty-gritty of your daily work is a resource you will bring directly to class discussions and group projects. You can share the reality of your work world in “real time” with your classmates.  The adcoms view this factor as a core benefit of part-time programs and integral to their unique learning process.  Hence, in your resume, essays, and the application form, put thought into how you present your current work scenario; look at it from the eyes of prospective classmates.

Moreover, since you are continuing to work, your goals won’t necessarily start at the magic moment you graduate. So, in a goals essay (depending on how the question is worded) discuss specific goals that you want to achieve in your current role, while you’re in the program – doing so allows you to further illuminate your work. Part-time MBA programs are usually not for career changers, at least in the short term, and they may not open recruiting to them. Review the program’s policies about recruiting for part-time students before you say that you’ll be using it for post-MBA employment.

Attending grad school while working is grueling, period. Hence, adcoms look for evidence that you are prepared for it.  The last thing they want is students dropping out. Sometimes an essay question directly addresses this issue.  If not, it can never hurt to briefly convey awareness of the challenge and mention plans for handling it.  If you’ve previously successfully studied while working full time, note that fact.

Finally, for the bulk of part-time programs that target local applicants, their applicant pool may contain high concentrations from strong local industries, such as pharma and finance in New York.  Consider and address this factor in differentiating yourself.

Good luck with your applications!

Download your free copy of Ace the EMBA!

Cindy Tokumitsu By , co-author of The Finance Professional’s Guide to MBA Admissions Success, and author of numerous ebooks, articles, and special reports. Cindy has advised hundreds of successful applicants in her last fifteen years with Accepted.com.

Tags: ,
]]>
http://blog.accepted.com/2014/04/18/tips-for-applying-to-part-time-mba-programs-2/feed/ 1
Emlyon Launches New MSc in Luxury Management & Marketing http://blog.accepted.com/2014/04/18/emlyon-launches-new-msc-in-luxury-management-marketing/ http://blog.accepted.com/2014/04/18/emlyon-launches-new-msc-in-luxury-management-marketing/#respond Fri, 18 Apr 2014 14:35:31 +0000 http://blog.accepted.com/?p=22123 ]]> Emlyon Business School (formerly École de management de Lyon) just announced the launch of its new pre-experience Masters in Luxury Management and Marketing, a program designed to prepare students for an international management career in the luxury industry.

The 16-month program, which will be run in collaboration with the London College of Fashion, will offer maximum exposure to the world of luxury goods and manufacturing. Classes are held on three continents; students will participate in an internship anywhere in the world.

This looks like a great way to acquire marketable skills while having a blast in Lyon, London, and Shanghai! See more info here.

 Click here to download your free report!

Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/04/18/emlyon-launches-new-msc-in-luxury-management-marketing/feed/ 0
Brave New Worlds http://blog.accepted.com/2014/04/17/brave-new-worlds/ http://blog.accepted.com/2014/04/17/brave-new-worlds/#respond Thu, 17 Apr 2014 14:10:41 +0000 http://blog.accepted.com/?p=22112 ]]> Check out our GMAT 101 pages!Helen Keller once wrote: “Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure, or nothing.” This is an apt quote for many undertakings, and is particularly appropriate for folks setting out to pursue an MBA and entire all the risk and uncertainly of the modern global market.

In hero myths the world over, the hero who wants to attain some lofty goal (the Holy Grail, marriage to a beautiful maiden, etc.) must enter a region of uncertainty and challenge. Often, there’s some preliminary challenging figure at the outset, the Guardian of the Threshold, such as the Tuskan Raiders for Luke Skywalker.

For all who aspire to an MBA, that initial challenge is the GMAT. Standardized tests are always challenging, and this one reflects the uncompromisingly high standards of the business world. Certainly it’s very important to be aware of all the resources available from GMAC, the folks who write the GMAT. While those resources are expensive, the questions therein are by far the best preparation for the GMAT. In fact, I would recommend learning and warming up with other materials, and saving those official questions for relatively late in your studies, so they are the last things you do in the weeks leading up to your GMAT.

It’s also important to get acquainted with the simple logistics of the GMAT. How long is the GMAT? Where does one take it? What ID does one need? etc. etc. It’s very important to get all these little details sorted out well ahead of time, so that on test day, you can remain in your “game head” and not have to sweat niggling details.

Beyond this, it will be important to identify the best MBA Admission resources. There are some fantastic resources available for free, but unfortunately, there are others that so aptly fit the sarcastic description, “Free, and worth every penny!” It’s very important to have some wise guidance when wading through all these potential study aids, particularly if it is all new to you.

All this new information and all these new demands may be intimidating, but remember: how a person responds when facing the unknown is a defining aspect of that person. If you are the kind of person that easily gets overwhelmed and freezes in the face of the unknown, it’s somewhat unclear how you plan to make effective decisions in the ever-evolving electronically driven business world. This is a world that demands resilience and a lion-hearted confidence, and there’s no better place to begin exhibiting those traits than in your preparation for the GMAT.

Visit GMAT 101 for advice.

magooshThis post was written by Mike McGarry, resident GMAT expert at Magoosh, a leader in GMAT prep. For more advice on taking the GMAT, check out Magoosh’s GMAT blog.

Tags: , ,
]]>
http://blog.accepted.com/2014/04/17/brave-new-worlds/feed/ 0
Which MBA Programs Should You Apply to Next Season? http://blog.accepted.com/2014/04/16/which-mba-programs-should-you-apply-to-next-season/ http://blog.accepted.com/2014/04/16/which-mba-programs-should-you-apply-to-next-season/#respond Thu, 17 Apr 2014 04:10:06 +0000 http://blog.accepted.com/?p=22115 ]]> Download a free copy of the Navigate the MBA Maze special report!

Set the course for an efficient, productive application process.

“Which MBA Programs Should You Apply to Next Season?” is excerpted from the Accepted.com special report, Best MBA Programs: A Guide to Selecting the Right One.  To download the entire free special report, click here.

It’s late winter or early spring, already in the ebb of the current MBA admissions season. That means it’s the perfect time for people planning to apply next season to break out of hibernation and start tackling a part of the application process that is often shortchanged: school selection.  Doing this part right sets the course for an efficient, productive application process with greater likelihood of satisfying results.

In 15 years of MBA admissions consulting I have found that otherwise highly capable and focused people often basically wing it when it comes to creating their school list. “I’m just applying to all the top ten.” Top ten according to what source? “I realize now [after R2 deadlines have passed] I was overreaching. Are there any good schools I can still apply to?” Probably. “I’m applying to H/S/W, with Duke as my safety.” Duke as your safety?

By starting to develop your list of prospective schools now, you can avoid these and similar problems (yes, these responses are all problems – real ones I’ve heard, more than once).

By approaching school selection thoughtfully and systematically, you will save time, money, and effort in the long run (even if you expend more of all initially). You will conserve precious energy for the nitty-gritty work of the applications. You will be able to start planning school visits and recommendations, two things that often get tangled up when first addressed in the heat of the application season.

In this series I provide various tips and approaches to developing a solid list of schools. Each person’s needs are unique, and there is no one formula that works for everyone, so I will guide you in asking the right questions, answering (or finding answers to) those questions, and deciding accordingly.

This series will cover, among other topics:

•  assessing your profile

•  the role of rankings

•  how many schools you should apply to

• identifying and prioritizing your b-school needs and wants.

Ready? Here are a couple of things you can and should do right now to get started on the school selection process for next season:

•  Capture on paper or your preferred electronic medium those random thoughts that have been floating around in your head, for example, “top 10,” “friendly to older applicants,” “strong quant focus,” “need to be within an hour by plane from my ailing mother.”

•  Read blogs of MBA students not just at schools you’re already interested in but from a wider array of schools – both the substance and the tone of those blog posts will give you a subjective feel for different programs and your own responses to them.

•  If possible talk to MBA students and ask them about their school selection process; what went well and what proved difficult or problematic; ask what they would do differently.

•  Visit schools now! Visit schools you know you are interested in (you can always re-visit later), schools you might be interested in, and even schools on the margins. It’s the perfect time: schools are in session, you’re not pressed by the application process yet, and it’s close enough to application time for your insights from the visits to be relevant if you discuss them in essays. Take advantage of travel you may do for business or pleasure to schedule a visit, rather than trying to cram everything in the fall—when you’ll be even busier than usual with applications plus work. Moreover, visiting now gives you time to digest and reflect on your campus experiences.

Join us live for "The Secret to MBA Acceptance"!
Cindy Tokumitsu By , co-author of The Finance Professional’s Guide to MBA Admissions Success, and author of numerous ebooks, articles, and special reports. Cindy has advised hundreds of successful applicants in her last fifteen years with Accepted.

Tags: , ,
]]>
http://blog.accepted.com/2014/04/16/which-mba-programs-should-you-apply-to-next-season/feed/ 0
IV with a UC Berkeley Haas Admitted Student and 2013 MBA Launcher http://blog.accepted.com/2014/04/13/uc-berkeley-haas-admitted-student-and-2013-mba-launcher/ http://blog.accepted.com/2014/04/13/uc-berkeley-haas-admitted-student-and-2013-mba-launcher/#respond Sun, 13 Apr 2014 14:22:42 +0000 http://blog.accepted.com/?p=22046 ]]> Check out the rest of our MBA Applicant Interview series!This interview is the latest in an Accepted.com blog series featuring interviews with MBA applicants, offering readers a behind-the-scenes look at the MBA application process. And now…introducing Marisa who will be starting at UC Berkeley Haas in the fall.

Accepted: Let’s start with some basics: Where are you from? Where and what did you study as an undergrad? What is your favorite non-school book?

Marisa: I’m from Santa Barbara, CA, but went to college at Northwestern University, where I majored in Middle East History and International Relations.  My favorite non-school book is “A Thousand Splendid Suns” by Khaled Hosseini — he’s such a powerful storyteller.

Accepted: Congrats on your acceptance to Haas! How would you say that you’re a good fit with the program?

Marisa: Thank you!  I was really attracted to Haas’ four Defining Principles, but particularly “confidence without attitude.”  When I visited the school and spoke with both current and former students, I found this cultural attribute to be absolutely true — these people are rockstars, but they are humble about their accomplishments and eager to collaborate with others.  I think this phrase describes me pretty well.  I’m confident and ambitious but don’t like to be a jerk about it, and I certainly don’t believe that my success should come at the expense of someone else’s. Plus, I truly believe that humility is essential to good leadership, and I like how Haas emphasizes that as a key aspect of their culture

Accepted: Which other b-schools had you considered?

Marisa: I applied to Stanford’s GSB in Round 1, and Georgetown’s McDonough School of Business in Round 2 (but withdrew my application after being accepted to Haas).  I also strongly considered Northwestern’s Kellogg SOM but ultimately decided I did not want to return to Evanston.  I don’t like to repeat experiences, even though I’m sure Kellogg itself would have differed from undergrad.  Also, it’s freezing.  But we’ll pretend that wasn’t a serious factor…

Accepted: What are you most looking forward to in starting b-school in the fall?

Marisa: I’m most looking forward to meeting my classmates and hearing about their experiences and goals for the future.  I’m also looking forward to some of the experiential education opportunities at Haas, like the International Business Development course and Social Sector Solutions consultancy.  As a history major, I rarely had the opportunity to directly tie my classroom learning to practical applications, so I look forward to learning new material in class and then applying it on projects right away.

Accepted: You have a really interesting work history — currently at Deloitte and previously at the FBI. First, can you tell us about what you did at the FBI (if you’re allowed…), and then, how did that lead you to Deloitte, and where do see yourself working post-MBA?

Marisa: My work history sounds more interesting than it is!  I was a strategic intelligence analyst in the FBI’s counterterrorism division, where I basically conducted research and wrote papers (sounds like a history major, right?).  The intelligence products I wrote, and briefings that I gave to decisionmakers, theoretically helped guide investigations of terrorist activity.  I did have some cool experiences (briefed the Director a couple times and traveled internationally to brief some partner agencies), but ultimately I found the pace a little slow and the bureaucracy more than a little maddening.  I was also far from the action on the ground, so I didn’t feel like I was able to have a true impact in my role.  Ultimately, it just wasn’t the right fit.

I saw consulting as an opportunity to help organizations like my previous employer address the issues that get in the way of executing their missions effectively. So last January I joined Deloitte as a consultant in their Federal Practice here in DC, where I have been working with IC clients on things like strategic planning and business process improvement. I have also been heavily involved with the Federal Women’s Initiative (WIN), founding and leading the WIN Gen Y team focused on engaging and empowering junior women professionals in the Federal Practice. Deloitte is a great company and I’ve learned a ton, but I feel ready to take the next step in my career with an MBA.  Post-Haas, I see myself working in international development consulting, helping organizations create positive social and economic impacts in emerging markets (specifically, in the Middle East).

Accepted: Can you tell us about your experience as a 2013 MBA Launcher? And what about your experience with Forte? Are these programs that you’d recommend to other b-school applicants?

Marisa: I really enjoyed participating in the pilot Forte MBALaunch program.  For those who are unfamiliar, Forte Foundation established this program to help MBA-interested women navigate the application process, from identifying target schools to acing the GMAT to executing on essays and interviews.  In 2013, the program was launched in New York, DC, and Chicago and included an in-person kick-off event, monthly webinars, a personal advisor, placement in a peer group of other MBALaunch women, and attendance at a local Forte-sponsored MBA fair.

I found the monthly webinars, particularly the ones that forced me to really think about my “story” and how to present myself to the admissions committee, to be extremely helpful.  I don’t think I would have had quite the edge I needed without that guidance.  Plus, since the program started in January, it forced me to start thinking about the process very early, and then kept me on track for Round 1 submissions.

When I applied to the program, I was most excited about being paired with an advisor — a woman who had received her MBA and would help me through the application process.  However, I ended up finding the peer mentorship of my fellow MBALaunch women to be even more impactful.  My advisor provided some necessary tough love and advice — like insisting I consider retaking the GMAT when that was the last thing I wanted to do, which led me to improve my score by 30 points.  But my peer group provided me nearly constant support.  We shared resources, read each others’ essays, and advised one another when we ran into challenges.  In fact, even though the program has officially ended, we’re still getting together soon to help one of our members make her enrollment decision.

Overall, I had a really positive experience with MBALaunch and the awesome Forte women who run the program.  I hope to continue my involvement with Forte in the future.

Accepted: As someone who applied successfully to b-school, you must have some good tips to share. Can you offer 2-3 tips for our readers?

Marisa: Every applicant is different, but I can offer some general tips that worked for me:

1. Get beyond the rankings lists.  Really think about what you want, and what characteristics are important to you — class size, location, specific focus areas or experiences, recruitment relationships, etc.  It’s not as obvious as you’d think, so talk to those people in your life who know you best and can help you figure out what aspects of a program to prioritize.  And keep an open mind — your dream school might just surprise you.

2. Talk to current students at the schools you’re considering before you start your applications, especially if you’re unable to visit campus before applying.  Not only will this help you get a feel for a school’s culture and determine whether it’s a good prospect for you, but it will also help you target your essays and guide your recommenders in a way that demonstrates your fit with the school.  Speaking of guiding your recommenders…

3. Have candid conversations with your recommenders about why you’re applying to MBA programs, why you’re a fit with the schools you’ve chosen, and what questions they need to address in your recommendations.  I put together packets of logistical and background information for my recommenders, including deadlines, instructions, the specific questions (if available), and context on what I was hoping to get out of an MBA at each school.  Some recommenders will want you to write your own recommendations — resist the urge, and push back!  You can offer to provide as much or as little support they need in terms of brainstorming content and keeping them on track with deadlines, but ultimately the best recommendations are genuine.  If someone doesn’t want to write your rec themselves, they’re probably not the best person for the job.

4. Visit campuses in the spring before you apply!  I totally didn’t do this and wished I had, because many schools don’t open for tours prior to the R1 deadlines.

5. Be sure to take breaks to be with friends and talk about something — anything! — besides b-school.  When you’re head-down in applications with deadlines approaching, it’s tempting to shut everyone and everything out.  The whole process can become an obsession very quickly, so this is way easier said than done, but totally worth keeping in mind.

Join us live for "The Secret to MBA Acceptance"!

Accepted.com

Tags: , , ,
]]>
http://blog.accepted.com/2014/04/13/uc-berkeley-haas-admitted-student-and-2013-mba-launcher/feed/ 0
MBAs Across America: Entrepreneurs with a Heart http://blog.accepted.com/2014/04/10/mbas-across-america-entrepreneurs-with-a-heart/ http://blog.accepted.com/2014/04/10/mbas-across-america-entrepreneurs-with-a-heart/#respond Thu, 10 Apr 2014 14:14:51 +0000 http://blog.accepted.com/?p=22050 ]]> Listen to the Show!

Casey Gerald

Listen to the Show!

Michael Baker

Michael Baker and Casey Gerald, CEO & CFO of MBAs Across America are making the American dream come true in towns and cities across the country.

Listen to the full recording of our conversation to learn about MBAxAmerica’s past experiences, plans for the future, and what these two Harvard MBAs have to say about their time at HBS.

00:02:20 – What day one looked like for the MBAxAmerica team.

00:06:54 – Can Harvard educated MBAs relate to the challenges of a mom and pop shop?

00:11:01 – The proof of the pudding: How many entrepreneurs actually implemented the advice.

00:12:58 – Where is MBAxAmerica going next?

00:14:35 – The criterion for choosing MBAs and entrepreneurs for next year’s trip.

00:18:13 – Will MBAxAmerica expand beyond the MBA and the USA?

00:25:10 – The benefits on the MBAxAmerica internship for non-entrepreneurs.

00:27:20 – Mike and Casey’s biggest Aha moments of last year’s trip.

00:31:32 – Best Harvard Business School moments.

00:35:45 – Advice for next year’s HBS applicants.

Listen to the full conversation to learn more!

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com.

Relevant Links:

MBAs Across America
The Secret to MBA Acceptance Webinar
“M.B.A. Students Hit the Road to Help Small-Business Owners”
MBAXAmerica Application For MBAs
MBAXAmerica Application For entrepreneurs
From Psychology to the Media Industry, Strat and Harvard B-School

Related Shows:

•  MBAs Across America: The Coolest HBS Internship (Last year’s interview)
•  5 Million to Share: The 43North Competition
•  Case Interview Secrets and More with Victor Cheng
•  Business, Law and Beyond: An Interview with John Engelman
•  Dr. Douglas Stayman Shares the Scoop on Cornell Tech NYC
•  CommonBond’s Story: A Revolution in Student Loans

Subscribe to Admissions Straight Talk:

Subscribe to Admissions Straight Talk in iTunes!     Subscribe to Admissions Straight Talk in Stitcher!

Tags: , , ,
]]>
http://blog.accepted.com/2014/04/10/mbas-across-america-entrepreneurs-with-a-heart/feed/ 0 Harvard Business School,podcast Michael Baker and Casey Gerald, CEO & CFO of MBAs Across America are making the American dream come true in towns and cities across the country. - Listen to the full recording of our conversation to learn about MBAxAmerica’s past experiences, Michael Baker and Casey Gerald, CEO & CFO of MBAs Across America are making the American dream come true in towns and cities across the country. Listen to the full recording of our conversation to learn about MBAxAmerica’s past experiences, plans for the future, and what these two Harvard MBAs have to say about their time at HBS. 00:02:20 – What day one looked like for the MBAxAmerica team. 00:06:54 – Can Harvard educated MBAs relate to the challenges of a mom and pop shop? 00:11:01 – The proof of the pudding: How many entrepreneurs actually implemented the advice. 00:12:58 – Where is MBAxAmerica going next? 00:14:35 – The criterion for choosing MBAs and entrepreneurs for next year’s trip. 00:18:13 – Will MBAxAmerica expand beyond the MBA and the USA? 00:25:10 – The benefits on the MBAxAmerica internship for non-entrepreneurs. 00:27:20 – Mike and Casey’s biggest Aha moments of last year’s trip. 00:31:32 – Best Harvard Business School moments. 00:35:45 – Advice for next year’s HBS applicants.  Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com. Relevant Links: • MBAs Across America • The Secret to MBA Acceptance Webinar • “M.B.A. Students Hit the Road to Help Small-Business Owners” • MBAXAmerica Application For MBAs • MBAXAmerica Application For entrepreneurs • From Psychology to the Media Industry, Strat and Harvard B-School Related Shows: •  MBAs Across America: The Coolest HBS Internship (Last year's interview) •  5 Million to Share: The 43North Competition •  Case Interview Secrets and More with Victor Cheng •  Business, Law and Beyond: An Interview with John Engelman •  Dr. Douglas Stayman Shares the Scoop on Cornell Tech NYC •  CommonBond’s Story: A Revolution in Student Loans Subscribe to Admissions Straight Talk:       Accepted Admissions Consulting Blog no 43:37
Learn Key Secrets to MBA Admissions Success! http://blog.accepted.com/2014/04/08/learn-key-secrets-to-mba-admissions-success/ http://blog.accepted.com/2014/04/08/learn-key-secrets-to-mba-admissions-success/#respond Tue, 08 Apr 2014 14:47:30 +0000 http://blog.accepted.com/?p=21985 ]]> Shh…I’d like to tell you a secret…

Wait – you didn’t think I’d give anything away here, did you? To learn the secret to choosing the best MBA programs for you (and gaining acceptance to them), I’d like to invite you to attend our upcoming webinar, The Secret to MBA Acceptance.

In this webinar we’ll cover some important topics, including the #1 secret to success – understanding WHO YOU ARE and how you can make the right decisions that will land you in the best MBA program FOR YOU to reach YOUR GOALS (okay, I gave away some of the secret).

Find out what you need to know to get admitted to business school!

Learn more at our webinar on Wednesday, April 30th, at 10 AM PT / 1 PM ET. Register for The Secret to MBA Acceptance today to reserve your spot. The 1-hour webinar is free, but spaces are limited, so act now!

Learn How to Get Accepted to B-School!

Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/04/08/learn-key-secrets-to-mba-admissions-success/feed/ 0
Can I Use Humor In My Application Essays? http://blog.accepted.com/2014/04/08/can-i-use-humor-in-my-application-essays/ http://blog.accepted.com/2014/04/08/can-i-use-humor-in-my-application-essays/#respond Tue, 08 Apr 2014 14:15:32 +0000 http://blog.accepted.com/?p=22027 ]]> Want to let your funny side show in your application essays? Here is what Linda Abraham has to say about humor in admissions:

For more application essay advice, download a free copy of our popular special report Five Fatal Flaws to Avoid in Your Personal Statement.

Accepted.com

Tags: , , , , , ,
]]>
http://blog.accepted.com/2014/04/08/can-i-use-humor-in-my-application-essays/feed/ 0
Cornell Johnson: A Visit http://blog.accepted.com/2014/04/07/cornell-johnson-a-visit/ http://blog.accepted.com/2014/04/07/cornell-johnson-a-visit/#respond Mon, 07 Apr 2014 14:22:44 +0000 http://blog.accepted.com/?p=22002 ]]> Check out our Cornell Johnson B-School Zone!

Sage Hall at the Johnson School

I recently had the opportunity to visit the Samuel Curtis Johnson Graduate School of Management at Cornell University . A few elements in my visit really stand out, and I want to share them with you.

Class visit I attended a Managing and Leading in Organizations class taught by Dr. Kathleen O’Connor. She led with wit and humor a lively case discussion on Lincoln Electric. The high level of engagement impressed me. I sat at the back of a theater style classroom so I had a great vantage point. No one was surfing the web, checking email, or visiting Facebook pages. All were focused on the discussion at hand, and the overwhelming majority seemed highly prepared to deal with the questions posed, whether they volunteered answers or were cold-called.

I was also impressed with Dr. O’Connor’s practical approach. She mentioned early in the class that one outcome must be learning something from Lincoln Electric’s success that could be applied by the MBA students in future work. My sense was that her orientation is not unique to her or this particular case.

I met with a first-year MBA student before the class, and he proudly told me that he has a summer internship lined up, and that it was exactly what he had hoped for. He seems very happy with his Cornell Johnson experience. After class, when I commented on the lack of electronics in the classroom, he explained that Johnson classrooms are electronics-free zones.  Wise policy.

Meeting I also met with Christine Sneva, Executive Director of Admissions and Financial Aid, and Ann Richards, Associate Director of Admissions and Director of Financial Aid Latin America, East & Southeast Asia. Here are a few highlights of our discussion.

Portfolio of programs We spoke about the portfolio of graduate business programs Johnson at Cornell University has developed over the last several years, focusing mostly on the MBA programs. It was clear from our discussion that the two-year program and the different one-year programs each fill different needs in the graduate management education marketplace. Ann and Christine spoke proudly of the May launch of Cornell Tech’s one-year MBA program in Manhattan and its digital focus. They acknowledged the broadening of the one-year Ithaca program from one geared to people with advanced degrees in science and technical fields to one for people with an expanded array of higher educational achievement including JD, CPA, and other masters and advanced degrees. Then of course there is the two-year Ithaca program geared towards those seeking a broader and more traditional MBA education. They also indicated that other options may be coming.

Entrepreneurship A big buzz word and focus in top business schools now is entrepreneurship. While entrepreneurship is great, and I know my MBA was critical to my launching Accepted, I also know that it is still a path pursued upon graduation by less than 5% of new MBAs.  I expressed a certain skepticism about the current entrepreneurial obsession and received two great responses: 1) Many MBAs start their own business further down the road so ultimately they will be business owners. 2) Entrepreneurship is state of mind, a willingness to take risks and start something new. This mindset is something that can be taught and is valuable for existing companies who want to grow and respond to a dynamic and fluid market place. Cornell, which has evinced its own entrepreneurial spirit with the growth of Cornell Tech and the expansion of its programs, is walking the walk and talking the talk. Ann and Christine also told me that Ithaca is growing as an entrepreneurial hub for a few reasons:

1. The University resources are right there.

2. Since the cost of living is low, it is more affordable to attempt a start-up.

3. New York State is giving major tax breaks to start-ups in Northern New York.

4. Quality of life is good.

I’m glad I was able to visit Johnson at Cornell University even briefly. It’s in a gorgeous part of the country and housed in a magnificent facility. Enjoying the surroundings is a bonus, but the real value lies in seeing a school close-up, talking to members of its community, and being able to add greater context and insight to information found online, in brochures, and even gleaned from conversations. There is simply nothing like a visit when you want to learn about a school.

Download our free special report: Best MBA Programs

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

Tags: ,
]]>
http://blog.accepted.com/2014/04/07/cornell-johnson-a-visit/feed/ 0
Get a GRIP on Team Questions http://blog.accepted.com/2014/04/06/get-a-grip-on-team-questions/ http://blog.accepted.com/2014/04/06/get-a-grip-on-team-questions/#respond Sun, 06 Apr 2014 14:39:52 +0000 http://blog.accepted.com/?p=21917 ]]> Learn 4 tips for displaying teamwork in your application essays.

Remember that a tight GRIP = a tight team

I took away a lot of wonderful concepts, frameworks and strategies from my MBA education that led to a successful admission career. In fact, one of the most powerful lessons I learned at Michigan (now Ross) was how to lead and work effectively on teams.

Professor Noel Tichy, one of the gurus of Organizational Behavior and Leadership offered us a simple acronym that has stuck with me to this day: GRIP.  His theory was as follows:  if everyone on the team works toward a common goal that each individual fully understands and to which he/she commits; and everyone on the team understands and has the skills to carry out his/her roles and responsibilities; and everyone on the team shares information in a way that is productive; and the team has agreed to a process by which they will accomplish the goal, then the team will be effective.  In fact, our teams would periodically do a GRIP check to make certain that our GOALS, ROLES, INFORMATION and PROCESS would align to keep the projects moving forward.  When a team has only one GRIP element out of place, the team will be dysfunctional.

I use this framework with my clients when they need to describe their own teams’ successes or failures.  It helps them pinpoint what really happened to the team and not point fingers at an individual that may not have carried or had the skills to carry his/her weight because the “R” was out of alignment.  It helps them understand that by not having a process “P” in place, misunderstandings may occur.  It helps them understand the importance of working towards a common goal.  And it helps them understand the importance of transparent and effective communication “I”.

So when you are asked about teamwork, remember that a tight GRIP = a tight team and I will remember to thank Dr. Tichy for his wisdom and insight and for telling me to get a GRIP on my team.  Thank you Dr. Tichy.

Download our special report- Leadership in Admissions

Natalie Grinblatt Epstein By , an accomplished Accepted.com consultant/editor (since 2008) and entrepreneur. Natalie is a former MBA Admissions Dean and Director at Ross, Johnson, and Carey.

Tags: , , , , , ,
]]>
http://blog.accepted.com/2014/04/06/get-a-grip-on-team-questions/feed/ 0
Insights of a Tennis Player Turned Kellogg MBA http://blog.accepted.com/2014/04/04/insights-of-a-tennis-player-turned-kellogg-mba/ http://blog.accepted.com/2014/04/04/insights-of-a-tennis-player-turned-kellogg-mba/#respond Fri, 04 Apr 2014 14:14:29 +0000 http://blog.accepted.com/?p=21815 ]]> Check out the rest of our MBA Student Interview seriesThis interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. And now…introducing Kate Ruckert, a first year student at Northwestern Kellogg.

Accepted: We’d like to get to know you! Where are you from? Where and what did you study as an undergrad? What was your most recent pre-MBA job?

Kate: I grew up in Vienna, Virginia, a suburb just outside of Washington DC. I received an athletic scholarship to attend the University of Texas-Austin. I majored in Government and I minored in German. I had a great experience at Texas both in the classroom and on the tennis court. I had some outstanding professors, in particular one of whom is considered an expert on the American Presidency. After graduation, I played professional tennis, competing on the Women’s Tennis Association Tour (WTA Tour). After playing on the tour, I decided that I wanted to pursue other opportunities, prompting me to get my MBA.

Accepted: Why are you pursuing an MBA at this stage of your career? What do you plan on doing post-MBA?

Kate: In order to maximize my opportunity to succeed in “traditional” business, I needed to get an MBA. Building a stronger understanding of business concepts would provide me tremendous value long term. I came to Kellogg with the expectation that I would focus on a career in marketing, with a particular concentration in sports. However, I determined that my strengths were actually better suited for a career in finance. I have enjoyed learning about the market and gaining a deeper perspective for capital budgeting decisions that firms make. I am looking forward to my summer internship as an investment banking associate at Bank of America Merrill Lynch in New York. Long term, I hope to have a successful career in investment banking.

Accepted: Can you tell us more about your tennis experience? What’s it like to pursue an MBA and a life in the business world alongside your involvement in the WTA?

Kate: Ever since I was young, I wanted to be a professional tennis player. To put so much into a dream and then actually see that dream become a reality was incredibly rewarding to me. I loved the competition, the training, the fitness and of course winning. I think tennis helped me to develop the skills that will serve me throughout my life. From tennis, I gained tenacity, developed a strong work ethic and an inner drive that has helped me flourish at Kellogg.

Accepted: How’s Kellogg going so far? What’s your favorite thing about the program? Least favorite?

Kate: I have loved my experience at Kellogg. I was excited and proud to have been accepted into the Kellogg program. The actual experience is even better than I expected. There are several things that distinguish Kellogg from other business schools, but the primary one is the people. Kellogg students are incredibly collaborative. They really want to help each other be successful. Kellogg students view each other as assets and they are truly interested in learning from one another. As a result my understanding both inside and outside of the classroom has increased tremendously. I came to Kellogg with no formal business training and I have developed a new lens in which to view the world. In addition, I would say one added benefit of pursuing finance at Kellogg is having the opportunity to work with some outstanding finance professors who are genuinely committed to students’ development.

My least favorite aspect of the program related to me and my lack of experience because in some classes they assume a certain level of expertise which I did not have and had to learn. Consequently, in the first quarter I spent a large amount of time learning the basic concepts and terminology and as a result, probably could not be as engaged as others. Now having spent the time to learn the terminology and the concepts, I have become a better participant in the learning experience.

Accepted: Can you recommend a nice coffee shop on or near campus, a good place to study or hang out with friends?

Kate: I actually find that most people tend to study at the Jake (Jacobs Center). I would also recommend studying at the Starbucks in downtown Evanston. It is one of the nicest Starbucks I have ever been to and it is usually fairly full of students busy studying. I would also suggest Pete’s Coffee and Tea for some studying.

In terms of hanging out, I think a lot of people enjoy going to BAT-17, it is a local restaurant/bar that has really great sandwiches and salads. In my second year, I hope to have a little more free time to explore Chicago.

Accepted: What are your top three tips for MBA applicants?

Kate:

1) Be yourself. I think that this is one of the most underappreciated areas for prospective students. Be genuine and don’t be afraid of enthusiasm. I think that admissions teams are looking for bright students who are passionate and the best way to convey that is to let your personality shine through.

2) Talk to students at each of the schools you are applying to. I contacted the Women’s Business Association at every school I applied to and spoke with a female student about her experience in the program. I find that students give the most honest practical advice to prospective students. They are a great resource in understanding the culture of the school and how you might fit into the environment.

3) Research the programs you are applying to and see how those programs fit into your future goals.

In closing, I would advise any applicant to realize the incredible opportunity the MBA program affords, opportunities that most people will never get to experience. While the admissions process is difficult, there will be a tremendous sense of appreciation and pride once you are enrolled in the program.

For one-on-one guidance on your b-school application, please see our MBA Application Packages. For specific advice on how to create the best application for Kellogg see:

•  Kellogg 2014 MBA Essay Questions & Tips

•  2013 Kellogg Executive MBA Admissions Tips

Thank you Kate for sharing your story with us!

Download our free special report: Best MBA Programs

Accepted.com

Tags: , ,
]]>
http://blog.accepted.com/2014/04/04/insights-of-a-tennis-player-turned-kellogg-mba/feed/ 0
GMAT, GRE, SAT, and All Things Test Prep http://blog.accepted.com/2014/04/03/gmat-gre-sat-and-all-things-test-prep/ http://blog.accepted.com/2014/04/03/gmat-gre-sat-and-all-things-test-prep/#respond Thu, 03 Apr 2014 14:39:11 +0000 http://blog.accepted.com/?p=21977 ]]> Bhavin-1-closeup-500x500GMAT, GRE, SAT… If one of these tests graces your future, tune in to our interview with Bhavin Parikh, CEO and founder of Magoosh, the leading online test prep company.

Listen to the recording of our conversation with Bhavin for great test prep advice and the lowdown on Magoosh.

00:02:17 – The story behind Magoosh and a word about it’s future.

00:04:10 – Why Bhavin is on a “mission to change the way people learn.”

00:06:09 – More effective than traditional test-prep: How do you know?

00:07:44 – What makes Magoosh different.

00:11:39 – The risks of self-study (Magoosh is like a gym membership).

00:14:24 – Best GMAT (and GRE) prep tips.

00:18:29 – The million dollar question: GMAT or GRE?

00:22:15 – SAT changes ahead.

00:25:43 – The Hansoo Lee Fellowship for Haas entrepreneurs.

00:27:58 – Bhavin’s stand on the debate about the value of the MBA to entrepreneurs.

00:30:18 – Last pieces of advice for applicants.

Listen to the full conversation to learn more!

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com.

Relevant Links:

•  Magoosh
•  Should You Retake the GMAT?
•  How to Put Your Best Foot Forward on Test Day 
•  The Hansoo Lee Fellowship
•  7 Steps to a Successful MBA Application

Related Shows:

•  Interview with Chris Ryan of Manhattan GMAT
•  Linda Abraham on Overcoming Weaknesses
•  MBA Admissions According to an Expert
•  CommonBond’s Story: A Revolution in Student Loans

Subscribe to Admissions Straight Talk:

Subscribe to Admissions Straight Talk in iTunes!     Subscribe to Admissions Straight Talk in Stitcher!

Tags: , , , , , , , , ,
]]>
http://blog.accepted.com/2014/04/03/gmat-gre-sat-and-all-things-test-prep/feed/ 0 GMAT,GRE,Magoosh,SAT,UC Berkeley Haas GMAT, GRE, SAT… If one of these tests graces your future, tune in to our interview with Bhavin Parikh, CEO and founder of Magoosh, the leading online test prep company. - Listen to the recording of our conversation with Bhavin for great test prep ad... GMAT, GRE, SAT… If one of these tests graces your future, tune in to our interview with Bhavin Parikh, CEO and founder of Magoosh, the leading online test prep company. Listen to the recording of our conversation with Bhavin for great test prep advice and the lowdown on Magoosh. 00:02:17 – The story behind Magoosh and a word about it’s future. 00:04:10 – Why Bhavin is on a “mission to change the way people learn.” 00:06:09 – More effective than traditional test-prep: How do you know? 00:07:44 – What makes Magoosh different. 00:11:39 – The risks of self-study (Magoosh is like a gym membership). 00:14:24 – Best GMAT (and GRE) prep tips. 00:18:29 – The million dollar question: GMAT or GRE? 00:22:15 – SAT changes ahead. 00:25:43 – The Hansoo Lee Fellowship for Haas entrepreneurs. 00:27:58 – Bhavin’s stand on the debate about the value of the MBA to entrepreneurs. 00:30:18 – Last pieces of advice for applicants.  Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com. Relevant Links: •  Magoosh •  Should You Retake the GMAT? •  How to Put Your Best Foot Forward on Test Day  •  The Hansoo Lee Fellowship •  7 Steps to a Successful MBA Application Related Shows: •  Interview with Chris Ryan of Manhattan GMAT •  Linda Abraham on Overcoming Weaknesses •  MBA Admissions According to an Expert •  CommonBond’s Story: A Revolution in Student Loans Subscribe to Admissions Straight Talk:       Accepted Admissions Consulting Blog no 32:24
Is it Worth it to Get an MBA? http://blog.accepted.com/2014/04/03/is-it-worth-it-to-get-an-mba/ http://blog.accepted.com/2014/04/03/is-it-worth-it-to-get-an-mba/#respond Thu, 03 Apr 2014 14:12:45 +0000 http://blog.accepted.com/?p=21810 ]]> Check out our MBA Admissions 101 pages!

Does an MBA Pay?

Ah, an age old question. Let’s dive right in!

Forbes reports on a recent 2010 peer-reviewed study that was published in the Journal of Education for Business in which 550 MBA alumni were surveyed and survey data relating to pre-MBA pay, post-MBA starting salaries, and five years post-graduation salaries.

To make this research relevant to most prospective MBA students, this study is based on salary data from a high-quality business school that typically is ranked in the Forbes Top 50 but is not one of the most elite schools, such as Harvard or Stanford. For salary data on all of the Forbes Top 50 business schools, see the 2013 Forbes business school ranking.

Here are some highlights from the study:

• For full-time MBAs, post-MBA starting salaries increased by 50% compared to pre-MBA salaries. This is virtually unchanged from the 50-60% increase in 1994 and the 51% increase in 1997.

• The five-year post-MBA salary increase for full-time MBA grads was up 80% over the post-MBA starting salaries. Again, there was no significant change in this figure compared to previous years.

• For part-time MBAs, the post- over pre-MBA salary increase was 41%.

• The five-year salary increase for part-time MBAs was 56%.

• The report found little connection between the number of years of pre-MBA work experience and the five-year post-MBA salaries.

• For starting salaries, there was a $2,822 pay increase for each year of pre-MBA work experience – this isn’t very significant.

• Starting salaries were about $1,000 higher for finance majors than for marketing majors, but by the end of the five year post-MBA period, those salaries were identical.

• Women earned about 87% of what men earned for post-MBA starting pay. Five years later, they were earning 88% of what men were making. This is true across all disciplines other than finance and marketing. In finance, women earned about 90% of what men earned straight out of b-school, but five years later were earning only 70%. In marketing, both straight out of b-school and five years later, men and women were earning about the same amount.

• The report found no connection between an MBA’s GMAT score and his or her post-MBA salary.

• 94% of MBAs surveyed answered “yes” to the question: “If you had it to do over again, would you still go for an MBA degree?” In 1992, only 92% responded “yes” to that same question.

According to these numbers, there are substantial pay increases post-MBA, particularly five years later. (The Forbes article points to its 2013 Forbes business school ranking for further confirmation, reporting that almost all of the Top 50 programs illustrate an investment payback period of less than five years.)

Join us live for "The Secret to MBA Acceptance"!

Accepted.com

Tags:
]]>
http://blog.accepted.com/2014/04/03/is-it-worth-it-to-get-an-mba/feed/ 0
How to Find the Ideal Internship http://blog.accepted.com/2014/04/02/how-to-find-the-ideal-internship/ http://blog.accepted.com/2014/04/02/how-to-find-the-ideal-internship/#respond Wed, 02 Apr 2014 14:10:06 +0000 http://blog.accepted.com/?p=21904 ]]> Guest post by Seven Ma, MBA Student at Duke Fuqua in its Health Sector Management Program.

Check out our MBA Goals 101 page!

Understand Your Goals

Most full time MBA students choose to do at least one internship during the summer between their 1st and 2nd years. It’s a great opportunity to apply what we’ve learned in class, rapidly build a professional network in the firm, experience what is going on in the industry, and may even lead to a full time offer. But how does one begin the searching process and find the ideal internship?

1) Talk to a lot of people

The first thing to do is to talk to people who either interned or worked for the firms or industries you’re targeting. It’s okay to not have a specific industry target, and that’s why this is a process that should begin as early as possible. I’d even argue that this should happen even before or during the MBA application process. It’s the easiest, and arguably the most efficient way, to learn about a future job role without actually taking the position. These are also called informational interviews, and offer fantastic insight on what it’s like to work in specific industries or functions.

Where does one start? An effective channel is with alumni. LinkedIn makes this very easy. Do an advanced search and put in some search criteria (company, geography, industry) and also input a school you went to. You’ll be able to create a spreadsheet fairly quickly.

2) Know what companies recruit MBAs for

Companies who recruit on campus at MBA programs are looking for specific roles to fill. It’s important to figure out what these roles are and think about which ones, if any, would be helpful for your future goals. This was something I did not do well initially. In retrospect, I should’ve explored marketing in pharma sooner.  When I started recruiting, I only knew that I wanted to work in pharma but did not know exactly which role would be the most interesting to me.

I should’ve taken time during the spring or summer before the MBA program to figure this out. That way, during on campus corporate presentations and networking events I can dig deeper in the firm’s culture and build more meaningful relationships with recruiters. It’s easy to feel overwhelmed in the first term of the MBA as classes and recruiting for the summer happen together. Having a targeted approach and head start in the process will be helpful.

3) Be open, and understand your goals

In the recruiting process, it’s important to think about the customer. In this case, it’s the hiring firm. An applicant has to clearly articulate how past experiences are relevant to a future position. To do this, the applicant must first understand what his or hers goals are in order to figure out the translatable skills and experiences.

One tip I have is to be as open as possible. This means to approach this process as a way to learn more about oneself. At Duke Fuqua, we had “Day in Consulting”, “Day in Finance”, and “Day in Marketing” for new first-year MBA students to do just that. However, it’s up to the student to take advantage of these opportunities through being introspective and inquisitive. This is again something that can happen before the MBA. There are plenty of volunteering opportunities in industry conferences, Meetups, and several ways to network with folks in your industries or functions of interest.

4) Keep talking to people

Because the first point is so important, I want to repeat it again here. There is no substitute to engaging in conversation with people. I found that this is a great way to test your assumptions and also learn unexpected things about a role or company. The recruiting process is ultimately about finding the right fit between a firm’s culture and the applicant. Talking to people in these firms is often the only way to know what it’s like on the inside, short of actually having worked there. On my blog, I review a lot of books about biopharma companies and enjoy reading them, but they are no substitute to talking to actual people.

Download our free special report, Why MBA, to learn how you can best answer the popular "Why MBA?" application essay question.

Steven_MaSteven Ma is an MBA student at Duke University’s Fuqua School of Business (’15). He has a background in the life sciences and is passionate about innovation in health care. The Duke MBA and its Health Sector Management Program has been a critical part in Steven’s transition into business and he enjoys sharing his experiences. Visit his blog, From Bench to Board.

Tags: ,
]]>
http://blog.accepted.com/2014/04/02/how-to-find-the-ideal-internship/feed/ 0
The HBS Round 3 Deadline is Coming Right Up! http://blog.accepted.com/2014/04/01/the-hbs-round-3-deadline-is-coming-right-up/ http://blog.accepted.com/2014/04/01/the-hbs-round-3-deadline-is-coming-right-up/#respond Tue, 01 Apr 2014 20:23:02 +0000 http://blog.accepted.com/?p=21952 ]]> For all of you who are wondering if there is one last thing you can do to improve your Harvard Business School application before you hit submit, the answer is YES!

Take an hour and watch the recording of our popular webinar, The Accepted Guide to Getting into Harvard Business School

Learn the four key principles to gaining acceptance to HBS and make sure you’ve incorporated them in your application.

Watch The Accepted Guide to Getting into Harvard Business School!

Good luck completing your application and let us know if you have any questions.

Watch the Accepted Guide to Getting into Harvard Business School!
Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/04/01/the-hbs-round-3-deadline-is-coming-right-up/feed/ 0
9 Fun Facts about the GMAT http://blog.accepted.com/2014/03/31/9-fun-facts-about-the-gmat/ http://blog.accepted.com/2014/03/31/9-fun-facts-about-the-gmat/#respond Mon, 31 Mar 2014 23:25:08 +0000 http://blog.accepted.com/?p=21834 ]]> Check out our GMAT 101 Page!

Happy 60th Birthday GMAC!

To celebrate GMAC’s 60th birthday, we’ve compiled the following fun GMAT facts from the GMAC site:

1. In 1953, nine b-schools met with ETS to create what would later become the GMAT. Those schools were Harvard, Rutgers, Columbia, Northwestern, Chicago, Seton Hall, Michigan, Washington University (St. Louis), and University of Pennsylvania.

2. Pre-1976 the GMAT was known as the Admission Test for Graduate Study in Business (ATGSB).

3. The question formats on the 1954 exam were Best Arguments, Quantitative Reading, Verbal Omnibus (Sentence Completion, analogies, Antonyms), and Quantitative Reasoning (Problem Solving, Data Interpretation). On today’s exam we have Integrated Reasoning, Verbal (Critical Reasoning, Reading Comprehension, Sentence Correction), and Quantitative (Problem Solving, Data Sufficiency). As you can see, Problem Solving is the only question format present on today’s exam that was also used on the original test.

4. In 1997 the GMAT exam became computerized.

5. The GMAT was the first standardized test to use palm vein readers – this analyzes specific hand vein patterns of users to ensure security and catch proxy test takers. This was introduced in 2008 and 2009.

6. The first five countries to offer the GMAT (which was then the ATGSB) were the U.S., Canada, England, France, and India.

7. The exam was offered in Hawaii five years before Hawaii became a state.

8. The GMAT is currently available in 113 countries – on every continent except Antarctica.

9. The Official Guide for GMAT Review was introduced in 1978. It’s now in its 13th edition.

Download our free special report: Best MBA Programs
Accepted.com

Tags: , ,
]]>
http://blog.accepted.com/2014/03/31/9-fun-facts-about-the-gmat/feed/ 0
CommonBond Offers New Refinancing Program for Grads http://blog.accepted.com/2014/03/30/commonbond-offers-new-refinancing-program-for-grads/ http://blog.accepted.com/2014/03/30/commonbond-offers-new-refinancing-program-for-grads/#respond Sun, 30 Mar 2014 21:20:23 +0000 http://blog.accepted.com/?p=21746 ]]> CommonBond just released its new Grad Refinance Loan™, available to law school, med school, engineering, and b-school graduates.

With the new refinancing program, borrowers will receive:

•  Low fixed rates for 10- and 15-year loans.

•  A single monthly bill after the consolidation of multiple loans.

•  Personalized service from the CommonBond team.

Do you want to learn more about CommonBond and how they can help you pay for grad school? Check out our recent podcast, CommonBond’s Story: A Revolution in Student Loans, in which Wharton grads and co-founders of this student loan financing startup share excellent advice on how you can finance your education.

CommonBond’s Story: A Revolution in Student Loans

Accepted.com

Tags: , , , ,
]]>
http://blog.accepted.com/2014/03/30/commonbond-offers-new-refinancing-program-for-grads/feed/ 0
GRE vs GMAT [Infographic!] http://blog.accepted.com/2014/03/30/gre-vs-gmat-infographic/ http://blog.accepted.com/2014/03/30/gre-vs-gmat-infographic/#respond Sun, 30 Mar 2014 14:12:39 +0000 http://blog.accepted.com/?p=21784 ]]> Magoosh just released an excellent new GRE vs. GMAT Infographic that presents a side-by-side comparison of the GRE and the GMAT. Check it out, share it, and decide which test is right for your b-school applications!

Magoosh GRE vs GMAT Infographic

Tags: , , , ,
]]>
http://blog.accepted.com/2014/03/30/gre-vs-gmat-infographic/feed/ 0
Show Me The Money http://blog.accepted.com/2014/03/28/show-me-the-money/ http://blog.accepted.com/2014/03/28/show-me-the-money/#respond Fri, 28 Mar 2014 18:41:11 +0000 http://blog.accepted.com/?p=21839 ]]> You may get accepted. You may get rejected. Either way, you need to answer one question: "Now what?"

I’ll give you a little advice…everything is negotiable.

On a day like today, I’m doing my happy dance.  My MBA clients have been contacting me with good news from the schools to which they applied.  Several of them have multiple offers with scholarships attached, which immediately present the question:  Can they negotiate their scholarship offers?

Since most of you have yet to take your MBA negotiations class, I’ll give you a little advice…everything is negotiable.  You have an offer of admission and unless you did something egregious that the schools discover in their background research, the school will not take that offer away from you.  In fact, the schools want you to come to their programs so much that they’ve offered you scholarships, tuition discounts, or graduate assistantships to entice you away from other schools.  You are in the power position, but you have limited time to act.

If you have multiple scholarship offers, you have even more power.  So play the schools off each other.  You will need to provide proof of funding and develop a clear statement of what it would take to have you deposit and attend that school.  If school A matches school B’s offer, go back to school B and ask for more.  Many schools have some wiggle room with scholarship offers.  And the worst-case scenario is that school A will say “no” to your request and then there is no harm and no foul.

Caution: While you may be in the power position, remain likeable, respectful and courteous. Don’t shoot yourself in the foot by coming off as arrogant.  And if you have deposited at a school, you have diminished your position of power.

If you need additional consultation on this matter, we are available to help you construct the communication that in the words of one of my former clients made his “investment in Accepted.com a very positive ROI.”

You may get accepted. You may get rejected. Either way, you need to answer one question: "Now what?"

Natalie Grinblatt Epstein By , an accomplished Accepted.com consultant/editor (since 2008) and entrepreneur. Natalie is a former MBA Admissions Dean and Director at Ross, Johnson, and Carey.

Tags: ,
]]>
http://blog.accepted.com/2014/03/28/show-me-the-money/feed/ 0
Wharton JD/MBA Student Interview with Craig Carter http://blog.accepted.com/2014/03/28/wharton-jdmba-student-interview-with-craig-carter/ http://blog.accepted.com/2014/03/28/wharton-jdmba-student-interview-with-craig-carter/#respond Fri, 28 Mar 2014 15:08:29 +0000 http://blog.accepted.com/?p=21714 ]]> Download free: Navigating the MBA MazeThis interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs (or in this case, a top JD/MBA program). And now for a follow up interview with Craig Carter, a second-year student at UPenn’s joint JD/MBA program. (We first met Craig last year – you can read our first interview with him here.)

Accepted: How’s your JD/MBA program going so far? Last we spoke, you had just completed your first year and had been involved only in the law school component of the program. How has your impression of the program changed now that you’ve had more exposure to Wharton?

Craig: The program is going great! Unfortunately, time is flying by too fast. In a couple months, my JD/MBA cohort will have completed the first two years.

My impression of the program has been enhanced through the Wharton experience. Business school and law school are two completely different environments and learning experiences. Business school is largely a team-based project oriented education. Whereas, law school is more individualized theoretical learning. The joint-program provides a complementary training that can only be appreciated after experiencing both schools.

Accepted: What was your favorite thing about Wharton? Least favorite?

Craig: My favorite thing is definitely the endless amount of opportunities to pursue – from clubs and conferences to the entrepreneurship center and leadership treks. There is definitely a place for each individual to develop and thrive in their chosen field or area of interest.

My least favorite thing is the size, which is a bit of a gift and a curse. There are about 850 people in each MBA class. The large size is my least favorite because it’s impossible for me to get to know each classmate as well as I would like. On the others hand, the size and scale creates more opportunities for networking, more diversity of experience in the classroom, and a broader alumni network to leverage.

Accepted: Are you feeling any sort of pull towards either law or business? Is there one field that’s drawing you in more than the other?

Craig: I am definitely feeling the pull toward business. The law is interesting, complex, and necessary; however, I will pursue a career in business. I entered the program intending to begin my career in business, but I have certainly gained a greater appreciation for the legal field after these first two years.

Accepted: Do you have an internship lined up yet for this year? If so, what is it and what role did Wharton play in helping you secure that position?

Craig: I will spend the summer in New York interning in J.P. Morgan’s M&A group. Wharton played a huge role facilitating the recruitment process. Between the career management office and the finance club, each student is completely prepared to secure an internship and succeed thereafter.

Accepted: What is your favorite class so far?

Craig: My favorite business school class was a dynamic marketing simulation. The course focused on issues such as the selection of which businesses and segments to compete in, how to allocate resources across businesses, segments, and elements of the marketing mix, as well as other significant strategic issues facing today’s managers in a dynamic competitive environment.

Accepted: With your dual curriculum, do you find you have time for extracurricular activities or for simply hanging out? Can you talk about how you manage the juggling act?

Craig: The dual curriculum does allow for extracurriculars and a lot of fun. However, it is quite a challenge to maintain a presence in both schools. On the social side, there is plenty of time to hang out with friends. At Wharton, people go out every night – who said Monday night can’t be just like Friday night? Law school is a little less aggressive about the party scene, but law students still know how to have some fun.

Accepted: Which clubs are you involved in on campus? How central to student life is club involvement?

Craig: I am involved in many clubs – affinity, professional, and athletic – at both schools. At Wharton, I am primarily involved with the Black MBA Association, the Finance Club, and Basketball Club. At the law school, I am in the Black Law Student Association, serve on the student government, and represent the student body on the faculty committee.

For one-on-one guidance on your b-school or law school applications, please see our MBA Application Packages and Law School Admissions Services. For specific advice on how to create the best application for Wharton see:

• Wharton 2014 MBA Questions, Deadlines, Tips

• Wharton Executive MBA 2014 Essay Tips

• What’s Right with Wharton (and How to Get In), a free webinar

• CommonBond: How Two Wharton Grads Revolutionized Student Loans

Thank you Craig for sharing your story with us!

Want to start a business? Partner in a law firm? Go into private equity? Run a media and entertainment company? How about all of the above?

Accepted.com

Tags: , , ,
]]>
http://blog.accepted.com/2014/03/28/wharton-jdmba-student-interview-with-craig-carter/feed/ 0
Linda Abraham on Overcoming Weaknesses http://blog.accepted.com/2014/03/27/linda-abraham-on-overcoming-weaknesses/ http://blog.accepted.com/2014/03/27/linda-abraham-on-overcoming-weaknesses/#respond Thu, 27 Mar 2014 19:10:48 +0000 http://blog.accepted.com/?p=21857 ]]> Weakness_PodcastSo… your MBA applicant profile has a weakness. What now?

Listen to the full recording of the latest episode of Admissions Straight Talk for Linda Abraham’s time-tested advice on ameliorating weaknesses.

00:01:46 – The 4 pillars of a successful MBA application.

00:04:07 – What should I do if I’m not competitive at my top-choice schools?

00:06:15 – How to handle a low GMAT score.

00:07:40 – The sweet spot for work experience and what to do if you’ve got too little (or too much!).

00:10:40 – Demonstrating leadership if you are part of a flat organization.

Listen to the full conversation to learn more!

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com.

Relevant Links:

•  Should You Retake the GMAT?
•  Overcoming Weaknesses in Your MBA Profile
•  MBA Admissions: Low GMAT or GPA
•  3 Steps for Handling a Low Undergraduate GPA

Related Shows:

•  Waitlisted! What Now?
•  MBA Admissions According to an Expert
•  How to Edit Your Application Essays

Subscribe to Admissions Straight Talk:

Subscribe to Admissions Straight Talk in iTunes!     Subscribe to Admissions Straight Talk in Stitcher!

Tags: , ,
]]>
http://blog.accepted.com/2014/03/27/linda-abraham-on-overcoming-weaknesses/feed/ 0 weakness So… your MBA applicant profile has a weakness. What now? - Listen to the full recording of the latest episode of Admissions Straight Talk for Linda Abraham's time-tested advice on ameliorating weaknesses. So… your MBA applicant profile has a weakness. What now? Listen to the full recording of the latest episode of Admissions Straight Talk for Linda Abraham's time-tested advice on ameliorating weaknesses. 00:01:46 – The 4 pillars of a successful MBA application. 00:04:07 – What should I do if I’m not competitive at my top-choice schools? 00:06:15 – How to handle a low GMAT score. 00:07:40 – The sweet spot for work experience and what to do if you’ve got too little (or too much!). 00:10:40 – Demonstrating leadership if you are part of a flat organization.  Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com. Relevant Links: •  Should You Retake the GMAT? •  Overcoming Weaknesses in Your MBA Profile •  MBA Admissions: Low GMAT or GPA •  3 Steps for Handling a Low Undergraduate GPA Related Shows: •  Waitlisted! What Now? •  MBA Admissions According to an Expert •  How to Edit Your Application Essays Subscribe to Admissions Straight Talk:       Accepted Admissions Consulting Blog no 13:17
What Do B-School Alumni Think? http://blog.accepted.com/2014/03/26/what-do-b-school-alumni-think/ http://blog.accepted.com/2014/03/26/what-do-b-school-alumni-think/#respond Wed, 26 Mar 2014 18:33:32 +0000 http://blog.accepted.com/?p=21795 ]]> Check out our MBA Admissions 101 Pages!

95% of alumni said they would recommend their MBA program. Not bad.

GMAC released its 2014 Alumni Perspectives Survey this week – below are the highlights from the report:

•  21,000 b-school alumni from the classes of 1959-2013 responded to the survey.

•  83% of alumni from the classes of 1959-2013 reported that their graduate management degrees played an essential role in finding a job.

•  91% of 2010-2013 alumni rated their management education value from good to outstanding when compared to the cost of the degree. This compares to 95% of graduates from the classes of 2000-2009, and to 98% of alumni from the 1950s-1990s.

•  95% of alumni said they would recommend their MBA program, another sign of very high satisfaction.

•  45% of self-employed alumni who graduated in 2010-2013 started their businesses at graduation. Before 1990, that number was at just 7%.

•  66% of 2010-2013 grads say that their management education was financially rewarding. In the 1990s, the percentage was at 84%, and prior to 1990, it was at 87%.

• 77% of alumni give financially to their alma mater.

•  83% of alumni reported that they are satisfied with their jobs.

•  20% of alumni work in finance and accounting and 20% in products and services.

See the 2014 Alumni Perspectives Survey for more details.

Take-aways from the 2014 GMAC Alumni Perspectives Survey.

•  The main conclusion to draw from this alumni survey, as with previous ones, is that alumni are overwhelmingly satisfied with their graduate education in business. Other graduate educational categories would love to be able to report the kinds of numbers that GMAC routinely presents.

In short, reports of the MBA’s demise are greatly exaggerated. (While the survey includes responses from non-MBA graduate management alumni, approximately 75% are from MBA alumni and more than half of the MBAs were enrolled in two-year, full-time MBA programs.)

•  Cloud hidden in all the glitter. GMAC attributes increased satisfaction with the degree and specifically with the value of graduate management education among more senior alumni to the passage of time. The more senior the grads, the happier they are that they invested in an MBA.

However there could be a much more concrete contributing factor: Perhaps those changing numbers over time are also due to the increased cost of the degree over the last thirty years. In other words, more recent alumni see a lower ROI and are consequently slightly less ecstatic simply because the cost has increased.

This development doesn’t mean that the degree lacks value for you applying now or in the next couple of years. It means you need to do your homework and look at expected return on your MBA investment, just as you would analyze expected return on any other investment.

If schools don’t get tuition under control and MBA salaries stay relatively flat, those satisfaction stats will decline over time.

•  MBAs are increasingly, although still in fairly small numbers, starting their own businesses upon graduation. In the past the overwhelming majority of MBAs worked as employees for at least three years before starting their ventures. However, since 2010, 45% of self-employed alumni started their own business immediately upon finishing their MBA.

•  “Soft skills” taught in business school are among the top five skills business school alumni use on the job regardless of the alum’s job function. Perhaps critics who say you can learn what business schools teach from books or by taking a few business functional courses are missing key benefits of the education.

This Special Report will help you navigate the MBA Maze.

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

Tags: ,
]]>
http://blog.accepted.com/2014/03/26/what-do-b-school-alumni-think/feed/ 0
Do You Know the 7 Steps to a Successful MBA Application? http://blog.accepted.com/2014/03/26/complimentary-mba-2015-webinar-tomorrow/ http://blog.accepted.com/2014/03/26/complimentary-mba-2015-webinar-tomorrow/#respond Wed, 26 Mar 2014 14:51:37 +0000 http://blog.accepted.com/?p=21725 ]]> We’d like to remind you about tomorrow’s webinar, Get Accepted in 2015: 7 Steps to a Successful MBA Application, which will take place at 5 PM PT / 8 PM ET (that’s on Thursday the 27th). The webinar is a must for anyone planning on applying to b-school next year!

Applicants who get an early start on their applications can move through the application process more quickly, more efficiently, and with better results than their peers who fail to do pre-application preparation and leave their MBA applications to the last minute.

This webinar will help you get accepted

Reserve your spot for tomorrow’s webinar now!

Save My Spot!

See you on the 27th.

Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/03/26/complimentary-mba-2015-webinar-tomorrow/feed/ 0
MBAs Flood Tech Scene http://blog.accepted.com/2014/03/25/mbas-flood-tech-scene/ http://blog.accepted.com/2014/03/25/mbas-flood-tech-scene/#respond Tue, 25 Mar 2014 14:48:11 +0000 http://blog.accepted.com/?p=21749 ]]> Listen to our excellent interview with Dean Doug Stayman

Industries luring MBAs away from Wall Street include healthcare, retail, and energy and utilities.

Instead of flocking to Wall Street like business school graduates of the past, recent MBAs are taking jobs in the tech sector – at startups and e-commerce sites.

Even as traditionally high-profile and sought-after employers like JP Morgan Chase and Goldman Sachs recover from the recession, MBAs are still looking for work – and landing jobs – in the tech scene.

According to Doug Stayman, associate dean for MBA programs for the Cornell Johnson, there’s a “large need for MBAs who can understand business problems, consumer needs, internal business issues and technological solutions.” This is why Cornell will be launching Cornell Tech this May, a one-year program that focuses on our digital economy.

Those who aren’t using their marketing, data-mining, and digital-media skills to land jobs at top tech companies are using their skills to launch their own startups.

Other industries luring MBAs away from Wall Street include healthcare, retail, and energy and utilities.

(Source: Crain’s New York, “M.B.A.s flock to tech scene”)

Check out our interview with Dr. Douglas Stayman

Accepted.com

Tags:
]]>
http://blog.accepted.com/2014/03/25/mbas-flood-tech-scene/feed/ 0
Interview with Arun Prasad: An Accepted EMBA Applicant http://blog.accepted.com/2014/03/25/mba-applicant-interview-with-arun-prasad/ http://blog.accepted.com/2014/03/25/mba-applicant-interview-with-arun-prasad/#respond Tue, 25 Mar 2014 14:04:31 +0000 http://blog.accepted.com/?p=21693 ]]> Download free: Against the Odds: MBA Admissions for Indian ApplicantsThis interview is the latest in an Accepted.com blog series featuring interviews with MBA applicant bloggers, offering readers a behind-the-scenes look at the MBA application process. And now…introducing Arun Prasad who will be starting at IIM-Calcutta’s PGPEX-VLM Executive Program in the fall.

Accepted: We’d like to get to know you! Where are you from? Where and what did you study as an undergrad?

Arun: My name is Arun Prasad. I’m from Bangalore, India. I did my Bachelor’s in Mechanical Engineering from MVJ College of Engineering, Bangalore. I presently work for Cessna Aircraft Company in Bangalore. I have about 6 years of work experience in Design, Analysis and Manufacturing.

Accepted: Congrats on your acceptance to IIM-Calcutta’s PGPEX-VLM Executive Program! Why did you choose that program? How is it the best program for you?

Arun: Thank you. I’ve always wanted to do a program that has a right balance between technical and management side of business. Something like a dual degree program. My initial Google search pointed me towards the MIT’s LGO (Leaders for Global Operations) and this happened to be my dream school. There were a couple of other schools like the Michigan Ross Tauber Institute and Kellogg’s MMM program and of course the PGPEX-VLM program.

I made a decision to choose PGPEX-VLM on various factors such as “Program Fit,” post MBA career goals, Batch size, Cost and Duration of the Program, Return on Investment, etc.

PGPEX-VLM (Visionary Leadership in Manufacturing) happens to be the perfect blend of technical competence along with right management and business skills. PGPEX-VLM is jointly conducted by IIM-Calcutta, IIT-Kanpur and IIT-Madras along with few industry consortiums like the CII, JICA and the governments of India and Japan.

IIM-Calcutta, which is one of the country’s best and oldest B-school imparts the Business and Management skills whereas the IIT’s, which is the country’s best technical institution (IIT-Kanpur and IIT-Madras) imparts the technical skills. So, PGPEX-VLM just happened to be the right program for me and I did not apply anywhere else.

Accepted: What is your current job? Why are you pursuing an MBA at this stage of your career? What do you plan on doing post-MBA — will you stay in your current industry and move to another field?

Arun: I work as a Manufacturing Engineer for Cessna. I do the Process Planning for Aircraft Sheet metal components and assemblies. It’s a purely technical role that I am in. Somewhere within me there is an itching that I want to do something more than planning how to manufacture Aircraft parts. I felt I must be associated with an operations role or on the strategy side of business. Though I work as a part of the Integrated Supply Chain in Cessna, I’m not involved in making Supply Chain decisions. This is when I gave a thought of doing a MBA and PGPEX-VLM happened to be the right program for me.

Post MBA, I would wish to venture into the Supply Chain side of business and I’m looking at few consulting positions as well. One of the reasons I chose Supply Chain is that, irrespective of industry, there are always challenges. I am highly interested in Defense Procurement as well.

Accepted: Can you talk about your experience with online courses? How has taken MOOCs influenced your Executive MBA goals?

Arun: Online courses are really cool. It all started when I saw a TED talk show of Daphne Koller (Founder of Coursera). Being a working professional, I’ve always felt the need to learn and keep learning. These MOOCs are a boon for working professionals. It is such a great platform to take the world’s best course, right at your home, at your convenience, and for free!! I signed up for a couple of courses from Wharton, University of Michigan and Stanford and I was awed. The same course is taught by the same professors for regular full time MBA students at top b-schools though a little variations do exists considering class size.

I’m the kind of a person who first likes to try and then decide. I took these MOOCs to have a firsthand experience of what to expect in a b-school and whether the subjects/concepts resonate with my thinking. It did. So, taking these MOOC has had an influence in my decision to pursue an MBA program.

Accepted: What would you say was your greatest challenge in the application process? What steps did you take to overcome that challenge?

Arun: PGPEX-VLM is one unique program and so is the application. Apart from regular MBA application elements like test scores, essays, and interviews, PGPEX-VLM has a aptitude test that tests the candidates on the fundamentals of Engineering (after all, it’s a techno-managerial program). The aptitude test had a wide range of topics from higher mathematics, to differentiation and integration to matrices and statistics to mechanical engineering to electronics to electrical engineering to even computer science concepts. Pretty much everything that falls under engineering. This was my greatest challenge. So, I started reviewing my engineering fundamentals and my GRE preparation helped me the verbal and quant section. I also took help from my fiancé, Gayathri, who is pursuing her Masters in Electronics engineering to review electronics and electrical engineering fundamentals :). So, I had taken lot of time to review engineering fundamentals.

Another challenging area for me was essays. There were 2 essays and this was a challenging part for me. Firstly because I was very new to this and then there were tons of consultants who supposedly offer services for reviewing and editing essays for top b-schools. Going through the testimonials of these essay editing admission consultants was quite intimating. The only investment I did was I bought MBA Admission for Smarties by Linda Abraham. I think instructions in that are pretty clear and straightforward. I read that book a hundred times before I drafted my essays and kept fine-tuning it for a month. I showed it to my family and got their feedback. My father-in-law’s feedback proved to be highly useful and many changes were incorporated based on his suggestions. So, to review essays, one need not really take help of essay editing services. Family and friends could offer the best critique and sometimes bring in a fresh look that sometimes others easily miss out.

Accepted: Can you share some EMBA application tips with our readers? What are some tools or resources that you used to help guide you through the process?

Arun: 1. Self Introspection: Before choosing to do a MBA/EMBA program, a lot of introspection is to be done. There is a significant amount of cost and time involved in a MBA program. So, it’s worth to do introspection till we find clear answers. Just keep asking yourself if an MBA is something that you really want to do. Why MBA? Why not something else? Why now? What would happen if I didn’t do an MBA? This type of introspection and self-interrogation could lead to some clear answers.

2. B-School Selection Matrix: We all know that top b-schools follow a holistic approach in selecting candidates for their programs. Like, no admission decision is made solely on GPA or GMAT score or essays. Similarly, while choosing a program, as candidates, we need to have a holistic and a realistic approach, not just ranking of the b-school. Various factors to consider for a b-school before joining is whether it’s a one-year MBA or a two-year MBA, location (India or abroad), class size, class diversity, post MBA goals, “Program Fit”, cost of the program, return on investment. I had written a blog post titled “B-School Selection Matrix” in which I evaluate various b-schools of my choice and make a qualitative decision. It’s like, I design my own personalized b-school rankings.

3. Profile Building: The decision to pursue an MBA most likely shouldn’t be an overnight decision and it’s not possible to build an MBA profile overnight. I think profile building should be the first step in preparing your b-school application even ahead of taking the GMAT. You just need to get into the league of MBA applications, be aware of various schools, follow admission officers’ blogs and even applicant and student blogs, sign up for newsletters, etc. I had written a blog post titled “MBA profile Building” on this. Those who have weak communication can sign up for few courses to improve communication. Those having problems with GMAT should change their browser home page to www.gmatclub.com. Those who haven’t had a chance to display leadership skills at their workplace, may choose to organize a few events or show leadership skills in other events, like even sports. So, profile building is a long evolving process and one must start early and invest time on this.

When it comes to resources, I had purchased MBA Admission for Smarties by Linda Abraham. This book is great. I had also purchased Beyond MBA Hype by Sameer Kamat. There are some great resources out there on the net. I religiously followed Accepted.com blogs and used to attend several webinars. So, following these blogs, network of current students, following the newsletters of your target schools, following admission officer’s blog – these are some priceless resources and one must make use of these as much as possible.

Accepted: Can you tell us about your blog? Who is your target audience? How have you benefited from the blogging experience?

Arun: The idea and thought that I must write a blog can be attributed to Accepted.com. I have seen several hundred applicant bloggers and student bloggers who have been sharing their experience. So, I decided to have my own blog.

I don’t have a target audience as such, but I write about GRE, higher education, MBA, MOOC, etc. So, if anyone is thinking about writing their own blog and needs some source of inspiration – they are my target audience!!

I have largely benefited from reading these blogs. Reading these blogs and the experiences have kept me going at difficult times and they serve as a source of motivation. Learning from others experience is one of the best learning ever. I follow a lot of applicant bloggers and benefit from their blog. So, this has been my biggest benefit from blogging.

For one-on-one guidance on your b-school application, please see our MBA Application Packages.

You can read more about Arun’s b-school journey by checking out his blog, Aroundynamics.  Thank you Arun for sharing your story with us!

MBA admissions tips for Indian applicants! [Download Free]

Accepted.com

Tags: , ,
]]>
http://blog.accepted.com/2014/03/25/mba-applicant-interview-with-arun-prasad/feed/ 0
6 Top Tips for Visiting Schools http://blog.accepted.com/2014/03/23/6-top-tips-for-visiting-schools/ http://blog.accepted.com/2014/03/23/6-top-tips-for-visiting-schools/#respond Sun, 23 Mar 2014 14:58:38 +0000 http://blog.accepted.com/?p=21720 ]]> Check out our Researching MBA Programs 101 page.

School visit tip #1: Do it!

Our #1 tip for visiting schools is that you should definitely visit your target b-school if it makes logistical and financial sense. Programs understand that geography and financial resources can prevent a visit, but if it is possible to visit the schools on your list, then you certainly should – not because of imaginary “brownie points” that the school may or may not award you, but because you will be a better informed applicant after you visit than before. You will know more about the school and its culture. You will know more about why it appeals to you, what about its style matches yours, and how it supports your goals. You will also, most likely, prepare a better application for admission after you’ve learned more about the school.

Once you’ve made the decision to visit, we recommend that you follow this advice:

1. Visit when class is in session.

You want to get a feel for what life on campus is like. You won’t get much of an idea of student life if everyone’s on break. Likewise, if classes are done for the term and everyone is cramming for exams and taking tests, you won’t get the full day-to-day campus experience (though you will get to see what b-school students are like under pressure!).

Another good reason to go while class is in session is so that you can sit in on classes – definitely take advantage of this if your target program offers this option.

2. Take the tour and attend the info sessions.

Again, your goal is to learn as much as possible about the program. Don’t brush off the official tours because you’d rather explore on your own; instead, take the tour, sit through the info sessions, and explore on your own.

3. Talk to everyone!

B-school students and adcom are generally more than happy to talk with prospective students, so don’t miss out on the valuable opportunity to chat anyone and everyone about their b-school experience.

4. Prepare your questions in advance.

You’ll have the most productive conversations if you go in with some direction. Obviously questions will differ depending on what’s important to you and where you’re visiting, but here are some basic questions: What is a typical day like for a first or second year student? How do professors view their teaching – as an integrated approach to business, as part of the interconnection of business functions (and if interconnected, how do they collaborate with other professors), or simply as a job? How do they balance teaching and research? How are interview slots assigned? Is there a bidding process? What is it?

5. Review the school’s website before you go.

Asking questions is good; asking questions that are answered on the homepage of your target school’s website…not so good. Do your research ahead of time that you can ask specific, unique questions that show that you’ve done your homework as well as done some good quality thinking.

6. If you can’t visit a school, visit info sessions closer to home.

While this won’t facilitate experiencing life on campus, you will still get to make an appearance before the adcom and speak with students/alumni/faculty – whoever is leading the event. You can also do quite a bit of research by emailing current students and reading student blogs.

In short – visiting a school is highly recommended and if you go, you should take advantage of all of the school’s people and resources so you can learn as much as possible about whether you’re the right fit for the program. If, however, you’re unable to visit, then you should still do all you can to learn firsthand about your target schools so you can see how you’d fit in and optimize your applications to reflect that!

MBA Admissions A-Z: 26 Great Tips
Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/03/23/6-top-tips-for-visiting-schools/feed/ 0
How MBA Adcoms Evaluate Your GPA http://blog.accepted.com/2014/03/21/how-mba-adcoms-evaluate-your-gpa/ http://blog.accepted.com/2014/03/21/how-mba-adcoms-evaluate-your-gpa/#respond Fri, 21 Mar 2014 14:42:45 +0000 http://blog.accepted.com/?p=20868 ]]> Check out our MBA Application Weaknesses 101 Page

Behind every GPA is a story.

But my undergrad school was highly competitive!”

“But I worked 20 hours a week during college!”

“But I was a varsity athlete at a Division I school.”

“But even though it took me a couple of years, once I got it together I made dean’s list every semester!”

“But my PhD GPA was 3.9…”

So wail MBA applicants who fear their applications will be doomed by a poor undergraduate GPA.  Behind every GPA is a story.  Often it’s a story that arouses frustration, confusion, uncertainty, and even anguish on the part of applicants.

Undergrad GPA is important, to understate things.  BUT adcoms view your GPA (like the rest of the application) holistically.  Not just low GPAs, but all GPAs.  What does that mean exactly?

First, no matter how well or how poorly your GPA represents your actual ability, the adcom will consider it and take note of it in reviewing your application.  You cannot, by convincing explanations or subsequent courses, erase a low undergrad GPA from adcom consideration.  You can at most mitigate it, sometimes substantially.

Second, the adcom will examine the context of the GPA.  They can see some aspects of that context automatically (like rigor of courses and school) but not others unless you tell them (like pneumonia in sophomore year), usually in an optional essay.  They will see whether the GPA trends up (good) or down (a problem that might need explaining), they will see from elsewhere in your application whether you were working during school and/or participated in a lot of activities, etc.

They will draw some conclusions from this contextual review.  For example, if you worked, they’ll probably assume you had to, and so will be less likely to hold against you time management challenges that weren’t necessarily your choice.  If, like some of my amazing clients, you started college in the US barely knowing English and struggled for a year or two until your passion and ambition propelled you to the dean’s list, that’s a story to tell in the optional essay – you can’t assume the adcom will know you overcame rudimentary language skills.  If they see lots of activities, they’ll note the positive aspects (sociable, contributor) and the possible negative aspects if your GPA was low (less than great time management and prioritizing).  Trending up – probably a kid still growing up; most likely the last two years are more representative.   They’ll also note things like change of academic focus (he really improved once he switched his major from physics to East Asian Studies).

Part of your job in writing your application is to anticipate and envision the context the adcom sees for your GPA and fill in gaps.  For example, if an overabundance of activities undermined your grades, you can show in your essays how you subsequently learned to better manage your time while maintaining your vibrant community involvement.

Moreover, good GPAs are not just given “check OK” from the adcom.  They actually review your transcript. An otherwise strong GPA that has one C in your only quant course could raise an eyebrow.  So could a GPA that starts very strong and trends down – even if it’s solid in aggregate.

Post-undergrad efforts also shape the context of your undergrad GPA.  A strong GMAT, demanding professional certifications, an “alternate transcript” of courses to demonstrate academic capability and counter a low undergrad GPA, and/or a strong grad school GPA all will help to mitigate a low GMAT – but, again, they will not  erase it from your profile.  They will have other positive impacts though, such as showing commitment and maturity.

The adcoms’ use of context in evaluating GPA means ultimately there is no one formula applied.  It’s nuanced, unique to the candidate, and qualitative.  Try to see your GPA in their eyes to determine (a) do you need to provide context for your performance, (b) should you take steps to mitigate the GPA like additional courses, and (c) does your GPA in its holistic context enhance your candidacy at a given school.

Join us live for "The Secret to MBA Acceptance"!

Cindy Tokumitsu By , co-author of The Finance Professional’s Guide to MBA Admissions Success, and author of numerous ebooks, articles, and special reports. Cindy has advised hundreds of successful applicants in her last fifteen years with Accepted.com.

Tags: ,
]]>
http://blog.accepted.com/2014/03/21/how-mba-adcoms-evaluate-your-gpa/feed/ 0
5 Million to Share: The 43North Competition http://blog.accepted.com/2014/03/20/5-million-to-share-the-43north-competition/ http://blog.accepted.com/2014/03/20/5-million-to-share-the-43north-competition/#respond Thu, 20 Mar 2014 17:48:23 +0000 http://blog.accepted.com/?p=21705 ]]> Want to know more? Listen to the full episode!Do you have a great business idea but need 1 million dollars to get yourself started? Meet Peter Burakowski, Senior Marketing Manager at 43North.

Listen to the recording of our fascinating conversation with Peter to find out why 43North is going to give away $5 million dollars to eleven promising entrepreneurs and what you need to do if you want to be one of the winners.

00:01:43 – About 43North (and why you really want to win).

00:10:06 – Who can apply.

00:11:21 – Why retail and hospitality are excluded.

00:12:25 – The 43North application process.

00:14:30 – What are the judges looking for?

00:16:33 – Setting up shop in Buffalo.

00: 21:49 – How many applicants are vying for the gold?

00:23:37 – About the judges. (Will you be one of them?)

00:27:32 – Mentorship and community.

00:31:03 – A lot more than a t-shirt: what happens to the semi-finalists.

Listen to the full conversation to learn more!

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com.

Relevant Links:

•  43North
•  Which Universities Contribute the Most to VC-Backed Entrepreneurship?
•  MBA Admissions Special Reports
•  Grad School Admissions Special Reports
•  Med School Admissions Special Reports
•  Law School Admissions Special Reports

Related Shows:

•  MBAs Across America: The Coolest HBS Internship
•  Which Schools are Good for PE/VC and VC-Backed Entrepreneurship
•  Business, Law and Beyond: An Interview with John Engelman
•  Dr. Douglas Stayman Shares the Scoop on Cornell Tech NYC
•  Jeff Reid on Entrepreneurship
•  CommonBond’s Story: A Revolution in Student Loans

Subscribe to Admissions Straight Talk:

Subscribe to Admissions Straight Talk in iTunes!     Subscribe to Admissions Straight Talk in Stitcher!

Tags: , , , , , , ,
]]>
http://blog.accepted.com/2014/03/20/5-million-to-share-the-43north-competition/feed/ 0 entrepreneurship,podcast Do you have a great business idea but need 1 million dollars to get yourself started? Meet Peter Burakowski, Senior Marketing Manager at 43North. - Listen to the recording of our fascinating conversation with Peter to find out why 43North is going to ... Do you have a great business idea but need 1 million dollars to get yourself started? Meet Peter Burakowski, Senior Marketing Manager at 43North. Listen to the recording of our fascinating conversation with Peter to find out why 43North is going to give away $5 million dollars to eleven promising entrepreneurs and what you need to do if you want to be one of the winners. 00:01:43 – About 43North (and why you really want to win). 00:10:06 – Who can apply. 00:11:21 – Why retail and hospitality are excluded. 00:12:25 – The 43North application process. 00:14:30 – What are the judges looking for? 00:16:33 – Setting up shop in Buffalo. 00: 21:49 – How many applicants are vying for the gold? 00:23:37 – About the judges. (Will you be one of them?) 00:27:32 – Mentorship and community. 00:31:03 – A lot more than a t-shirt: what happens to the semi-finalists.  Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com. Relevant Links: •  43North •  Which Universities Contribute the Most to VC-Backed Entrepreneurship? •  MBA Admissions Special Reports •  Grad School Admissions Special Reports •  Med School Admissions Special Reports •  Law School Admissions Special Reports Related Shows: •  MBAs Across America: The Coolest HBS Internship •  Which Schools are Good for PE/VC and VC-Backed Entrepreneurship •  Business, Law and Beyond: An Interview with John Engelman •  Dr. Douglas Stayman Shares the Scoop on Cornell Tech NYC •  Jeff Reid on Entrepreneurship •  CommonBond’s Story: A Revolution in Student Loans Subscribe to Admissions Straight Talk:       Accepted Admissions Consulting Blog no 35:53
MBA Rankings: Why Should I Care? http://blog.accepted.com/2014/03/19/mba-rankings-why-should-i-care/ http://blog.accepted.com/2014/03/19/mba-rankings-why-should-i-care/#respond Wed, 19 Mar 2014 20:51:32 +0000 http://blog.accepted.com/?p=21690 ]]> Last week, U.S. News released its 2015 Best Business Schools Ranking.

The big question that follows, of course, is: “So what?

Check out Linda’s 1-minute answer to find out why the rankings matter (and if they matter at all).

We’d love to hear your thoughts about the value of b-school rankings. Just leave us a comment below to let us know what’s on your mind.

Download our free special report: Best MBA Programs

Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/03/19/mba-rankings-why-should-i-care/feed/ 0
Are You Ready for Chicago Booth’s Round 3 Deadline? http://blog.accepted.com/2014/03/18/are-you-ready-for-chicago-booths-round-3-deadline/ http://blog.accepted.com/2014/03/18/are-you-ready-for-chicago-booths-round-3-deadline/#respond Tue, 18 Mar 2014 19:25:43 +0000 http://blog.accepted.com/?p=20020 ]]> The Chicago Booth round 3 deadline is coming right up on April 3.

Want to be sure that you’ve approached Booth’s application questions efficiently and intelligently?

Check out the video recording of our recent webinar, The Chicago Booth Challenge: How to Get Accepted in 2014, in which Linda Abraham, Accepted’s CEO and founder, teaches the 4 keys to a Booth acceptance.

Chicago_Booth_Webinar

Linda has helped thousands of applicants gain acceptance to Booth and other top b-schools around the world. View The Chicago Booth Challenge: How to Get Accepted in 2014 so that you can benefit from her 20+ years of admissions experience!

Watch the Webinar Now!

Accepted.com

Tags: , ,
]]>
http://blog.accepted.com/2014/03/18/are-you-ready-for-chicago-booths-round-3-deadline/feed/ 0
Canceling the GMAT: Or How I Learned to Stop Worrying and Love My GMAT Score http://blog.accepted.com/2014/03/17/canceling-the-gmat-or-how-i-learned-to-stop-worrying-and-love-my-gmat-score/ http://blog.accepted.com/2014/03/17/canceling-the-gmat-or-how-i-learned-to-stop-worrying-and-love-my-gmat-score/#respond Mon, 17 Mar 2014 14:52:56 +0000 http://blog.accepted.com/?p=21621 ]]>  If you left a few blank you shouldn’t panic and cancel your test

If you left a few blank you shouldn’t panic and cancel your test!

As soon as you finish taking the GMAT, before you see your score, a question will appear that could seem tempting: “Would you like to cancel your GMAT score?” If an initial wave of panic rushes over you after finishing the test you might be wanting to cancel your GMAT score. But in most cases, you definitely should not cancel your score!

There are just a few instances where you should cancel the score; here are some of those cases:

 1. You had poor time management and left a majority amount of questions blank.  You could have spent way too much time on some questions which caused you to not be able to finish a section.  If you left a few blank you shouldn’t panic and cancel your test but if you only were able to do a small fraction of the questions, this could be one of the few times where it is a good idea to cancel your score.

2. You had an illness that caused you to perform poorly. If you woke up in complete pain and could not perform up to your standards or if you had the flu which caused you to not focus. These would be one of the extreme cases where you should cancel your GMAT score.

3. You had a personal crisis that made it impossible for you to concentrate.  If you just had a death in the family or another similar event that was more important than the GMAT. If this is the case you should consider cancelling your score.

There are also some reasons why shouldn’t you cancel the test:

If you think you should cancel your score for any other reason than listed above you are probably overreacting. The GMAT is a tough score to guess based on speculating your performance.  The GMAT is an adaptive test, meaning that if you have gotten a question right the next question will be tougher, and the GMAT gives more points to difficult questions. This makes it tough for you to have a good perception of what your score will be.

If you do cancel your score, schools will see that you did and some schools could look down on it. Further, there is no guarantee that you will do better the next time and you might have done great, but just have convinced yourself otherwise. Also you might not be able to schedule it in time again, and you’ll have to pay the fee!

All in all, it’s very likely that you should NOT cancel your GMAT score!

Check out our GMAT 101 page!

Written by Frasier Malone, tutor at BenchPrep.com. For more free GMAT resources, check out BenchPrep.com/GMAT.

Tags: , ,
]]>
http://blog.accepted.com/2014/03/17/canceling-the-gmat-or-how-i-learned-to-stop-worrying-and-love-my-gmat-score/feed/ 0
Can You Get Accepted After Doing Something Stupid? http://blog.accepted.com/2014/03/16/can-you-get-accepted-after-doing-something-stupid/ http://blog.accepted.com/2014/03/16/can-you-get-accepted-after-doing-something-stupid/#comments Sun, 16 Mar 2014 14:50:02 +0000 http://blog.accepted.com/?p=21603 ]]> Check out our MBA Admissions 101 Pages!

Don’t try to hide a conviction.

The point of this article is not to tell you that you shouldn’t engage in disorderly conduct, petty theft, or other minor (or major) infractions (though you really shouldn’t…); what we want to discuss here is how you should overcome the obstacle of a criminal record when approached with the application question: “Have you ever been convicted of a crime? If yes, please explain.”

If you did something stupid, something deserving of a conviction or suspension, how do you prove to an admissions committee that you are worthy of their acceptance?

First, don’t try to hide a conviction. Clients often ask me if they really need to bring up their troubled past, and I tell them they do. Admissions committees (and the firms they hire) conduct background checks on applicants, and an unexplained discrepancy gives them an easy reason to reject your application or withdraw an offer of admission, so, when asked, own up to your behavior on your application.

Don’t make excuses. The biggest struggle I face when helping troubled clients is getting them to move past their tendency to justify their behavior: their writing tends to get overlong with explanations. Even very subtle self-serving statements can be read by an admissions committee as failure to take responsibility for your behavior, so leave out the excuses and directly address what you did.

Don’t go overboard addressing the infraction. The second biggest struggle I face is keeping clients from turning their applications into overblown mea culpas. A client once came to me having written two required essays and an optional essay all addressing a mistake from the past—too much! Often, a well-written response to an application’s “failure” essay question is enough.

Do show that you learned your lesson and that your past behavior won’t happen again. This step tends to be less of a struggle for clients, because usually they can show remorse, they can show the actions they took to atone for their behavior, and they can show how they matured from their experiences. Often such clients become heavily involved with their community, counseling others who tend toward their same behavior and managing to turn their failure into a success benefitting others.

Perfect execution of these suggestions certainly will increase your chances of admission, but they may not be enough to gain you acceptance to a top school. So avoid having to deal with this situation altogether: think twice and three times before you do something that you could regret for a very long time.

Learn how to use sample essays to create an exemplary essay of your own! Click here to download our free report!

 

Accepted.com

Tags: , , , , , ,
]]>
http://blog.accepted.com/2014/03/16/can-you-get-accepted-after-doing-something-stupid/feed/ 2
How to Get Accepted in 2015: FREE WEBINAR! http://blog.accepted.com/2014/03/16/how-to-get-accepted-in-2015-free-webinar/ http://blog.accepted.com/2014/03/16/how-to-get-accepted-in-2015-free-webinar/#respond Sun, 16 Mar 2014 14:25:24 +0000 http://blog.accepted.com/?p=21656 ]]> That’s right – we’re already talking about 2015 MBA applications! You may feel like you’ve got loads of time, but believe me…you’ve got loads to do!

Register for the '7 Steps to a Successful MBA Application' webinar now!

We’d like to help you start out on the right foot by inviting you to our upcoming live webinar, Get Accepted in 2015: 7 Steps to a Successful MBA Application, in which Linda Abraham, Accepetd.com CEO & Founder, will outline the steps you can take NOW to increase your chances of a successful application next year. Let me repeat this point: It’s NOT TOO EARLY to get started! Remember, the early bird gets the worm – those who are prepared to hit the ground running once those apps are released are the ones who will stand a better shot at getting accepted. The webinar will take place next Thursday, March 27, 2014 at 5 PM PT / 8 PM ET. The event is FREE, but registration is required to reserve your spot.

Save My Spot!

Spaces for last year’s webinar filled quickly, so grab your seat to Get Accepted in 2015: 7 Steps to a Successful MBA Application now!

Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/03/16/how-to-get-accepted-in-2015-free-webinar/feed/ 0
Classmates, Surfing and a Few More Reasons to Love Stanford GSB http://blog.accepted.com/2014/03/14/classmates-surfing-and-a-few-more-reasons-to-love-stanford-gsb/ http://blog.accepted.com/2014/03/14/classmates-surfing-and-a-few-more-reasons-to-love-stanford-gsb/#respond Fri, 14 Mar 2014 14:21:20 +0000 http://blog.accepted.com/?p=21543 ]]> Check out our Stanford GSB Zone page!This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. And now, introducing Michał Wiczkowski, a first year student at Stanford Graduate School of Business

Accepted: We’d like to get to know you! Where are you from? Where and what did you study as an undergrad? What other degrees do you hold? What is your favorite Polish food?

Michal: I’m Polish. Born and raised in Wroclaw. I moved to Warsaw to study at the Warsaw School of Economics – which I graduated from in 2008. As for food, just like everyone else that has ever tried them, I love the good old Polish ‘pierogi’. They are the best. :)

Accepted: How’s your Stanford GSB experience going so far? Has the program met your expectations? Are there any surprises or things you hadn’t expected?

Michal: As my old P&G boss used to say, it has met my expectations ‘left, right and center’. An amazing mix of great minds from all over the world. I mean, where else would you have a ‘Leadership Lab’ with a group of six people ranging from a TV producer from Ghana, a doctor from Zimbabwe with a Harvard Sc.D, through a PE analyst from China, a Public Finance IB analyst from the US, to a McKinsey consultant from Mexico. And to top it all, a dude from Poland.

Accepted: Which other MBA programs did you apply to? Why did you decide to pursue an MBA in the States rather than closer to home in Europe?

Michal: I applied to 3 MBA programs. I particularly wanted to pursue an MBA at Stanford because of the experiences I had with the program’s Alumni in Europe. I’ve never met people that would invest so much time and effort to help someone, selflessly. I mean, they couldn’t have cared less if I would’ve gotten in. And yet they did go that extra mile to help me. It was a good proxy for what I would find at the GSB. +400.

Accepted: How would you say you’re a good fit for Stanford?

Michal: I think curiosity and a great sense of humor is what I value the most in my classmates. I want to believe I have both of those qualities. Curiosity to challenge things that are sub-optimal or don’t solve a particular problem. And an ability to laugh at myself.

Accepted: What is your favorite thing about the GSB? Least favorite?

Michal: Favorite: classmates and surfing. Least favorite: rain in February and March. ;)

Accepted: What was your most recent pre-MBA job? Do you plan on continuing in that industry post-MBA or switching to a new field?

Michal: I had worked in brand management at P&G for 7 years. Loved it, learned a ton, but I came to the GSB with a goal to leverage the proximity of Silicon Valley and to use my marketing skills in the tech industry.

Accepted: What do you miss most about your hometown? And what’s your favorite thing about living in the U.S.? Do you plan on returning back to Poland once you graduate?

Michal: Well I miss my girlfriend for sure. I love the proximity of the ocean and the opportunity to surf (semi) regularly. My plans at the moment reach as far as the next summer. Things change so quickly at the GSB that it’s really hard to tell what I will do in June 2015.

Accepted: Can you tell us about your blog? Who is your target audience? How have you benefited from the blogging experience?

Michal: I started the blog in July 2013. Frankly it was a selfish attempt to store my thoughts about the upcoming 2 years of my life, so that in 20 years I can go back, remember all the fun times and laugh at all the ‘serious’ problems I had. :) And if anyone else finds it helpful, interesting or just amusing, that’s even better.

For one-on-one guidance on your b-school application, please see our MBA Application Packages. For specific advice on how to create the best application for Stanford see:

• Stanford GSB 2014 MBA Questions, Deadlines, Tips.

• Stanford GSB Application Tips Video.

• Stanford Sloan Master’s Program 2013 Application Essay Questions and Tips.

• Steer Your Way to A Stanford MBA, a free webinar.

• What Stanford is Looking for: Personal Qualities and Contributions.

• What Stanford is Looking for: Demonstrated Leadership Potential.

You can read more about Michal’s b-school journey by checking out his blog, WICZKOATSTANFORD.  Thank you Michal for sharing your story with us!

Applying to Stanford GSB? Check out our 2014 Application Essay Tips!

Accepted.com

Tags: , ,
]]>
http://blog.accepted.com/2014/03/14/classmates-surfing-and-a-few-more-reasons-to-love-stanford-gsb/feed/ 0
Should I Apply to B-School in Round 3 or Wait for Next Year? http://blog.accepted.com/2014/03/13/should-i-apply-to-b-school-in-round-3-or-wait-for-next-year/ http://blog.accepted.com/2014/03/13/should-i-apply-to-b-school-in-round-3-or-wait-for-next-year/#respond Thu, 13 Mar 2014 19:04:48 +0000 http://blog.accepted.com/?p=21610 ]]> That’s an easy one. Watch the video below for Linda’s 1-minute answer:

If you need more help deciding when to apply, just check out the recording of our recent webinar, Round 3 vs. Next Year: The MBA Admissions Debate, to learn:

 The differences between R3 and earlier rounds.
• The pros and cons of applying R3.
• 6 reasons why some people should wait until next year.
• Detailed applicant profile case studies.

Watch Round 3 vs Next Year to learn the best time for you to apply!

Accepted.com

Tags:
]]>
http://blog.accepted.com/2014/03/13/should-i-apply-to-b-school-in-round-3-or-wait-for-next-year/feed/ 0
Pew Study Shows Grad Degrees Pay Off! http://blog.accepted.com/2014/03/12/pew-study-shows-grad-degrees-pay-off/ http://blog.accepted.com/2014/03/12/pew-study-shows-grad-degrees-pay-off/#respond Wed, 12 Mar 2014 17:59:16 +0000 http://blog.accepted.com/?p=21534 ]]> Learn how to evaluate your profile, skills, and experiences to determine if, when, and where you should apply to graduate school.

A graduate education can be a fantastic investment, or burdensome expense.

According to a Pew study, earnings of college grads with no further education have increased 13% since 1984, while earnings of those with advanced degrees have risen 23% in that same time period. For those with professional and doctorate degrees, the numbers jump even higher, to 34%.

This data, however, doesn’t take into account the following two things: 1) These increases don’t reflect the unemployment rate – that is, they only show a pay increase for those graduates who have found work; 2) They don’t take household income into consideration – the higher the socioeconomic status, the greater the chance is that marriage and childbearing has been delayed (i.e. fewer dependents) and the greater the chance for greater gains.

Let’s take a look at monthly household income for a moment: The median adjusted monthly household income of college graduates has gone up $1,300 since 1984. For households headed by someone with an advanced degree, that inflation-adjusted amount is $1,500, and for those with professional or doctorate degrees, it’s skyrocketed to $3,400. For those who have not completed a bachelor’s degree, monthly household income has decreased since 1984.

Here are two additional points:

•   The study doesn’t show that higher education has caused financial gain, just the association between the two.

•   Since 1984, the percentage of college grads who’ve gone on to complete an advanced degree has only gone up 1% (from 26% in 1984 to 27% in 2009). This amount is statistically insignificant and goes against the belief that a weak economy pushes people into higher education.

My Thoughts

While I’m always glad to see evidence that a graduate education pays off, I’m concerned about two omissions in this report.

1. This research doesn’t reflect the increased cost of graduate education since 1984.

2. By talking in terms of averages and aggregates, this research doesn’t reflect the uneven benefits of graduate and professional education. The STEM fields in general are booming. The job market for humanities and law grads has basically crashed.

Before plunking down those tuition dollars or even starting the application process, it behooves you to pursue your dreams with an eye on the top and bottom line and a few of the lines in between. What is your education going to cost you? What are the likely financial benefits?

A graduate education can be a fantastic investment, or burdensome expense. Do the homework and research necessary before spending your hard earned cash or assuming thousands of dollars in debt. You want to arrive on campus with confidence that the return on your tuition dollar and time will be more fantastic than the cost.

Download your free copy of GET YOUR GAME ON: Preparing for Your Grad School Application

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

Tags: , , ,
]]>
http://blog.accepted.com/2014/03/12/pew-study-shows-grad-degrees-pay-off/feed/ 0
Comparing the GRE and GMAT http://blog.accepted.com/2014/03/12/comparing-the-gre-and-gmat/ http://blog.accepted.com/2014/03/12/comparing-the-gre-and-gmat/#respond Wed, 12 Mar 2014 14:45:58 +0000 http://blog.accepted.com/?p=21436 ]]> Visit GMAT 101 for advice.

GMAT or GRE?

Since business schools started accepting GRE scores for admissions, prospective students are now faced with a choice—what standardized test do I take?

Each student arrives at an answer in her own way. It’s not as simple as a straight head comparison—GRE versus GMAT. That said, it does help to know the similarities and differences between the two tests before making a decision.

Similarities

Both tests have Reading Comprehension questions, requiring students to read through a passage and answer questions, such as main idea, structure, tone, author’s purpose, and inferences.

Since the revisions to the GRE, the two tests have questions that test a student’s ability to deal with arguments. The GRE has only a few of these question types whereas the GMAT has a sizeable number of these questions, about ⅓ of the verbal section. But both ask students to do similar things with an argument: strengthen or weaken the argument, choose a conclusion, evaluate the argument, or find a conclusion.

The GRE and GMAT ask students to analyze an argument containing flaws. Students have 30 minutes to analyze the logic and reasoning of the argument, explain why the conclusion is weak, and suggest ways to improve the argument.

Both tests contain “typical” standardized test math questions. These are the types of word problems and logical reasoning questions that students see in high school—but obviously more difficult. Both tests provide five answer choices and cover arithmetic, algebra, and geometry.

Both tests are computer-based, although a paper version of the GRE does exist. Unless you are taking the GRE outside of the U.S. and Europe, you’ll take a computer-based test. The rest of you will take the test a paper-based test. Everyone who takes the GMAT takes it on a computer.

Differences—GRE

The GRE has a second essay—Analyze an Issue. Students are given a prompt on a contemporary topic and are asked to form an opinion about the topic and support their opinion with reasons and examples.

Quantitative Comparison is a unique question type to the GRE. Students are given two columns with accompanying information and they must determine if one column is bigger, if they are equal, or if there is not enough information to know which is bigger.

Text Completions and Sentence Equivalence are core questions to the GRE Verbal section. Basically, these questions are fill-in the blank sentences that test a student’s vocabulary and reading comprehension skills. Students need a rich vocabulary and discerning eye for the intended meaning of a sentence based on structural and semantic clues.

Both tests are adaptive; the GRE adapts section-to-section. After a student works through the first verbal and first math section, the subsequent sections will populate with questions based on the previous performance in the first sections.

Differences—GMAT

In the Quantitative section, Data Sufficiency questions contain two statements, and students need to decide which statement provides sufficient information to solve the problem. Sometimes one statement works, sometimes both statements are needed, and sometimes there is not enough information to solve the problem.

Where the GRE emphasizes vocabulary, the GMAT emphasizes grammar and style in Sentence Correction questions. Each question contains a sentence with all or part of it underlined. Students must decide if the sentence is fine as is, or if one of four options is a better formulation of the idea in the sentence.

The GRE and GMAT used to be exactly the same when it came to the writing section until recently. The GMAT removed the Issue essay and introduced Integrated Reasoning. This section tests students’ ability to reason and make conclusions about data and information presented in multiple formats—emails, announcements, tables, diagrams, charts, and graphs.

The GMAT, like the GRE, is adaptive, but on a more granular level. The test adapts question-to-question, so that the difficulty level is constantly changing based on whether the student answered the previous question correctly or not.

Finally, the GMAT is more expensive, making prep materials and classes more expensive. This becomes more important too when you consider that many students take these tests more than once.

What Really Matters

Now that you have a better idea of what is similar and what is different between the tests, it’s time to figure out what test to take. The best way to decide is by taking a complete practice test for the GRE and GMAT. You can download the GRE’s free software, PowerPrep II Software, and the GMAT’s free software, GMAT Prep.

Whichever test you do better on, that’s the test you prepare for and take. Use a GMAT/GRE score conversion chart to compare your performance on each test since they have their own scoring systems.

Visit GMAT 101 for advice.

magooshThis post was written by Kevin Rocci, resident GMAT expert at Magoosh, a leader in GMAT prep. For more advice on taking the GMAT, check out Magoosh’s GMAT blog.

Tags: , , ,
]]>
http://blog.accepted.com/2014/03/12/comparing-the-gre-and-gmat/feed/ 0
2015 Best Business Schools Ranked by U.S. News http://blog.accepted.com/2014/03/11/2015-best-business-schools-ranked-by-u-s-news/ http://blog.accepted.com/2014/03/11/2015-best-business-schools-ranked-by-u-s-news/#comments Tue, 11 Mar 2014 20:37:20 +0000 http://blog.accepted.com/?p=21568 ]]> Check out our MBA Admissions 101 pages!U.S. News released its annual best b-school rankings, and we’re here to provide all the top rankings all in one spot!

2015 Best MBA Programs (last year’s rank in parentheses)

1. Harvard Business School (1)
1. Stanford GSB (2)
1. Wharton (3)
4. Chicago Booth (6)
5. MIT Sloan (4)
6. Northwestern Kellogg (4)
7. UC Berkeley – Haas (7)
8. Columbia (8)
9. Dartmouth Tuck (9)
10. NYU Stern (10)

2015 Best Executive MBA Programs (last year’s rank in parentheses)

1. Wharton (1)
2. Chicago Booth (2)
3. Northwestern Kellogg (3)
4. Duke Fuqua (4)
5. Columbia (4)
6. NYU Stern (6)
7. Michigan Ross (8)
8. UCLA Anderson (7)
9. UC Berkeley – Haas (10)
9. UNC Kenan-Flagler (9)
11. USC Marshall

2015 Best Part-Time MBA Programs (last year’s rank in parentheses)

1. UC Berkeley – Haas (1)
2. Chicago Booth (2)
3. Northwestern Kellogg (3)
4. NYU Stern (4)
4. UCLA Anderson (5)
6. Texas McCombs (7)
7. Michigan Ross (6)
8. Indiana Kelley (9)
9. Ohio State Fisher (8)
10. CMU Tepper (9)

Wondering how much rankings should play a roll in determining where you apply? Watch the video below for Linda Abraham’s answer:

Download our free special report: Best MBA Programs

Accepted.com

Tags: , , , , , , , , , , , , ,
]]>
http://blog.accepted.com/2014/03/11/2015-best-business-schools-ranked-by-u-s-news/feed/ 2
Culture, Location, and Support: A Duke MBA Speaks http://blog.accepted.com/2014/03/10/culture-location-and-support-a-duke-mba-speaks/ http://blog.accepted.com/2014/03/10/culture-location-and-support-a-duke-mba-speaks/#respond Mon, 10 Mar 2014 14:32:07 +0000 http://blog.accepted.com/?p=21449 ]]> Check out the rest of our Business School Student Interview series!This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. And now, introducing Enrique Toubes:

Accepted: We’d like to get to know you! Where are you from? Where and what did you study as an undergrad? What was your most recent pre-MBA job?

Enrique: I was born in the South of Spain, in small city by the coast called San Fernando. I studied Computer Science in Madrid, after studying High School in Maryland.

Right before starting my MBA I was working at a software company in Austria as a Project Manager.

As you can see, I like to move around the world!

Accepted: Why did you choose to pursue your MBA at Duke? How are you the right “fit” for that program?

Enrique: I chose Fuqua for several reasons: its culture, its location, and its support to international students.

Fuqua’s emphasis on team work is a perfect fit for such an outgoing person as myself. I enjoy working in teams and wanted to be in a collaborative environment.

While applying to business schools, I reached out to several Duke students to learn about their experiences and get a better idea of what kind of people go to Fuqua. I felt a great connection with each and every one of the students I met. I knew that I wanted to be around such people.

Fuqua is located in a small city in North Carolina: Durham. Durham is really affordable, compared to other cities with top MBA programs. I live really close to campus at a brand-new, spacious apartment. There are no traffic jams in Durham! People are extremely nice and, being a small city, I can interact much more with my classmates and other Duke students. Durham is also well known for its food; there are great restaurants in the area from all sorts of cuisines.

Finally, Fuqua is very international. Around 40% of the class are internationals. There are all sorts of activities to help our community get to know and understand other cultures. Each Friday we celebrate what we call Fuqua Friday: first and second years, families, and faculty get together to eat and drink. Each Fuqua Friday is organized by a different club. For instance, one of the Fuqua Fridays was organized by LASA [Latin American Student Association] and they brought Mariachis to play in the school. Another fact that shows how supportive is Fuqua towards internationals is its financial aid program.

Accepted: What’s your favorite class so far?

Enrique: Is difficult to say, as I am enjoying most of them! Fuqua has a set of core classes and allows us to choose electives in January of our first year. I’m finding extremely useful all the classes that relate to finance and accounting, as I come from a technical background. The concepts that we are learning are key for every MBA.

Accepted: Is there anything you wish you’d known going into b-school that you can share with incoming first year students and applicants?

Enrique: I did a lot of research and talked with many people before coming to business school, so I had a clear picture of where I was getting into. I would encourage to incoming students not to stress about recruiting and networking, and always be yourself. Companies want smart people, but also some that are fun to work with.

Accepted: What do you plan on doing once you receive your MBA? Do you plan on staying in the States or returning to Spain — or heading off to some new, exotic destination?

Enrique: One of the best things about an MBA is that it allows you to face an ever more global economy. With Duke’s MBA, I could go work almost anywhere I wanted. I have always chosen where to work or study based on the culture and the people I met in each place. When considering what to do after the MBA, I will follow a similar approach: analyze each option and understand how my family and I fit in. That option might be here in the States, Spain, or elsewhere.

Accepted: As someone who successfully applied to a top business school, you must have some good advice for our readers! Can you share your top three tips on b-school admissions?

Enrique: About essays, try to be unique and show personality. Read your stories and ask yourself “how are these essays different from the rest of the applicants?” Regarding the interviews, be yourself and smile, don’t be a robot who memorized all the stories. And finally, about the GMAT, remember that is just one more part of your application. Don’t bring yourself down in case you don’t get a 750 and keep being positive!

Accepted: Can you recommend a nice coffee shop on or near campus that’s good for studying or hanging out with friends?

Enrique: Personally, I believe the best place is Fuqua’s Fox Center! You’ll get the chance to meet many different people, hang out with your section and teammates, enjoy a Starbucks coffee, study, do cases with other students, play ping pong, and many other things. The Fox Center is the heart of Fuqua.

If you really feel like leaving campus, there are several places to hang around with other students or family next to Fuqua. I rather have a beer than a coffee, so I would recommend Six Plates, a quiet place where you can enjoy an Estrella Galicia, an awesome Spanish beer!

Accepted: Can you tell us about your blog? Who is your target audience? How have you benefited from the blogging experience?

Enrique: I started reachingthethirties.wordpress.com  when began applying to business school. I wanted to practice writing English, as well as to share everything I was learning about business schools and the recruiting process. I also have a lot of friends and family scattered around the world, so it also was a great way of keeping all of them updated about my progress. Once I got accepted to Fuqua, my mission was to tell the world about this awesome place and the great MBA program that we have. Fuqua is a very young school and is not well known in some parts of the world, such as in Spain. It is my goal to spread the word about Fuqua.

A lot of people have reached out to me through my blog, asking questions about the recruiting process or Fuqua. It is great to be able to help them, and even more when you hear back from them telling you that they reached their goals.

You can read more about Enrique’s b-school journey by checking out his blog, Reaching the Thirties. Thank you Enrique for sharing your story with us!  

For one-on-one guidance on your b-school application, please see our MBA Application Packages. For specific advice on how to create the best application for Fuqua see:

•  Duke Fuqua 2014 MBA Essay Questions & Tips
•  Duke Fuqua MBA Interview with Niladri Sannigrahi
•  Sheryle Dirks on the Masters in Management Science Program

MBA Admissions A-Z: 26 Great Tips
Accepted.com

Tags: , ,
]]>
http://blog.accepted.com/2014/03/10/culture-location-and-support-a-duke-mba-speaks/feed/ 0
Tips for Executive MBA Reapplicants http://blog.accepted.com/2014/03/06/tips-for-executive-mba-reapplicants/ http://blog.accepted.com/2014/03/06/tips-for-executive-mba-reapplicants/#respond Thu, 06 Mar 2014 15:51:35 +0000 http://blog.accepted.com/?p=21497 ]]> Download your free copy of Ace the EMBA: Expert Advice for the Rising Executive

Work on putting together that “superstar” profile.

If you have been rejected from an Executive MBA program, it often comes down to one of three reasons (or combination thereof):

1) Your academic record was not strong enough to convince the admissions committee you could handle the rigor of an EMBA program,

2) Your work experience was not sufficient/relevant enough yet to be considered a solid addition to the program, or,

3) You did not show adequate interest in the program to warrant an offer of admission.

All of these reasons can be mitigated, with time or effort on your part. At the end of the day, there is no guarantee of admission, but by taking a hard look and assessing your situation, you can make yourself a much stronger candidate by addressing the pertinent issues.

Academic Record

A low GPA in and of itself is not a reason to ding an applicant. What tends to concern schools is when a transcript shows consistently low grades in subjects that are important to have competence in to do well in an MBA program – quantitative subjects in particular. If you do have quantitative weakness, enroll in an Algebra or Statistics course (or both) at a local college – a “real” class as opposed to online would be preferred. Get strong grades, and submit that transcript with your new application. In the optional essay, express how you recognize the admissions committee might have been concerned about your quantitative abilities, but the new grades should allay any concerns. Also lay out any additional plans you may have prior to joining the program to bolster your skills – MBA Math, for example.

Work Experience

In this situation, time and more leadership experience are probably the two best ways to enhance your application. The average years of work experience in an EMBA program is typically 10-15. Some schools specifically state the minimum years of experience necessary to apply. While I was at Cornell, we never seriously considered anyone with less than five years of experience, and when we did admit someone on that lower end of the scale, there was a clear indication the individual was a superstar at his or her organization. So, if you are in the lower range of experience, seek out more high-profile leadership opportunities, and work on putting together that “superstar” profile.

Program Interest

Admissions committees realize most applicants consider multiple options, as they should, and most have a clear first choice school. What tends to bother admissions folks is when it’s obvious an applicant is only applying to a school because it’s a brand name and would be an “ok” fallback.

How can they tell an applicant’s lack of interest? It’s pretty easy – never came to an information session, never visited the campus, never reached out to anyone on the admissions committee, and/or put reasons like “location” and “reputation” in their essay as to why he/she would like to come to the school. With EMBA classes quite small compared to fulltime programs, it is a distinct possibility an applicant with stellar qualifications could be dinged – why offer a spot to someone who clearly has no real interest in attending? If you feel this might be why you were rejected, this reason can be mitigated or eliminated as well. Reach out to admissions committee members and ask questions that show you’ve both done your homework and are thinking seriously about their school. Start sending signals indicating your sincere interest.

Not sure where your application might be lacking? The good news about most Executive MBA programs is that with smaller applicant pools, admissions officers typically have more time to devote to individual applicants. Therefore, make a call and see if you can receive feedback on your application.

Furthermore we here at Accepted are always available to provide a critical analysis of your EMBA application and help you develop a game plan for the future.

Download our free special report

Jennifer WeldJen Weld worked as an admissions consultant and Former Asst. Dir. of Admissions at Cornell’s EMBA program (4 years) prior to joining Accepted.com. She has an additional 10 years of experience in higher ed and corporate marketing.

Tags: , , ,
]]>
http://blog.accepted.com/2014/03/06/tips-for-executive-mba-reapplicants/feed/ 0
An Inside Look at INSEAD http://blog.accepted.com/2014/03/06/an-inside-look-at-insead/ http://blog.accepted.com/2014/03/06/an-inside-look-at-insead/#respond Thu, 06 Mar 2014 15:21:27 +0000 http://blog.accepted.com/?p=21509 ]]> Listen to the full recording of our interview! INSEAD. The place where graduates speak three languages. And where 40% of graduates go into consulting.

Listen to the recording of our conversation with Pejay Belland, Director of Marketing, Admissions & Financial Aid at INSEAD, for great insights into the program and tips that applicants to any MBA program should know.

00:01:42 – Singapore, Fontainebleau, and the USA in 10 months?

00:03:25 – Does the exchange program come at the expense of community?

00:05:04 – Why INSEAD likes consultants and consultants like INSEAD.

00:07:33 – Entrepreneurship at INSEAD (50% of grads start their own company at some time in their career!).

00:09:52 – Changes to the INSEAD application: Really getting to know candidates as people.

00:16:25 – The new dean and his initiatives.

00:18:51 – The video essay: in the cards.

00:20:38 – INSEAD’s admissions process and what it means for applicants.

00:24:32 – Can you demonstrate “international outlook” if you’ve never left your home country?

00:25:42 – What Pejay wishes she could tell all applicants.

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss  a single show!

*Theme music is courtesy of podcastthemes.com.

Relevant Links:

•  INSEAD
•  INSEAD Admissions Video
•  INSEAD Application Essay Tips
 MBA Admissions A-Z: 26 Terrific Tips
•  2014 Virtual Panel: Exploring European B-Schools

Related Shows:

•  Leadership is King: Interview with IMD’s Lisa Piguet
•  Global Business Leadership at Wharton’s Lauder Institute
•  The Stanford MSx Program for Experienced Leaders
•  Case Interview Secrets and More with Victor Cheng

Subscribe to Admissions Straight Talk:

Subscribe to Admissions Straight Talk in iTunes!     Subscribe to Admissions Straight Talk in Stitcher!

Tags: , , , ,
]]>
http://blog.accepted.com/2014/03/06/an-inside-look-at-insead/feed/ 0 consulting,INSEAD,podcast INSEAD. The place where graduates speak three languages. And where 40% of graduates go into consulting. - Listen to the recording of our conversation with Pejay Belland, Director of Marketing, Admissions & Financial Aid at INSEAD, INSEAD. The place where graduates speak three languages. And where 40% of graduates go into consulting. Listen to the recording of our conversation with Pejay Belland, Director of Marketing, Admissions & Financial Aid at INSEAD, for great insights into the program and tips that applicants to any MBA program should know. 00:01:42 – Singapore, Fontainebleau, and the USA in 10 months? 00:03:25 – Does the exchange program come at the expense of community? 00:05:04 – Why INSEAD likes consultants and consultants like INSEAD. 00:07:33 – Entrepreneurship at INSEAD (50% of grads start their own company at some time in their career!). 00:09:52 – Changes to the INSEAD application: Really getting to know candidates as people. 00:16:25 – The new dean and his initiatives. 00:18:51 – The video essay: in the cards. 00:20:38 – INSEAD’s admissions process and what it means for applicants. 00:24:32 – Can you demonstrate “international outlook” if you’ve never left your home country? 00:25:42 – What Pejay wishes she could tell all applicants.  Subscribe to Admissions Straight Talk in iTunes so you don’t miss  a single show! *Theme music is courtesy of podcastthemes.com. Relevant Links: •  INSEAD •  INSEAD Admissions Video •  INSEAD Application Essay Tips •  MBA Admissions A-Z: 26 Terrific Tips •  2014 Virtual Panel: Exploring European B-Schools Related Shows: •  Leadership is King: Interview with IMD’s Lisa Piguet •  Global Business Leadership at Wharton’s Lauder Institute •  The Stanford MSx Program for Experienced Leaders •  Case Interview Secrets and More with Victor Cheng Subscribe to Admissions Straight Talk:       Accepted Admissions Consulting Blog no 31:02
What are My Chances? African-American Politico Turned Energy Guy http://blog.accepted.com/2014/03/05/what-are-my-chances-african-american-politico-turned-energy-guy/ http://blog.accepted.com/2014/03/05/what-are-my-chances-african-american-politico-turned-energy-guy/#comments Wed, 05 Mar 2014 15:20:39 +0000 http://blog.accepted.com/?p=21456 ]]> This blog post is one in a series of MBA applicant profile evaluations called “What are My Chances?” authored by Michelle Stockman. Michelle, who started consulting for Accepted in 2007 and worked previously in the Columbia Business School admissions office, will provide selected applicants with school recommendations as well as an evaluation of their qualifications.

If you would like Michelle to evaluate your profile at no charge and as part of this series, please provide the information requested at http://reports.accepted.com/what_are_my_chances

Profile #5 “Kyle” African-American politico, turned energy guy

Download your free copy of 'From Example to Exemplary'!

Convince the adcom you’re the next big thing in clean energy.

-Background & Work Experience: 26-year-old African-American male graduate of top-tier Texas public university. Ran winning campaign of student body president. Worked on campaign of high-profile gubernatorial candidate (1 year), then transitioned to a Fortune 500 working in sales for energy saving performance contracts for cities and corporations (3 years).

What was that line from the latest season of House of Cards? “Power is better than money, until you’re out of power.” Looks like you were a savvy political operator, but lost the taste for it after losing a state race, or you’re facing some steep student loans and decided to take a high paying energy sector job? I could be wrong about both scenarios. If your hand was forced, by either a losing candidate or financial reasons, take heart – these can be good stories for overcoming an obstacle. Whatever the case, your leadership success undergrad and your current job in a trendy “green” slice of the energy sector make you stand out.

-Short-term goal: Energy consulting

Right on track. This goal makes sense with your past experience, and sounds plausible for your future. Do your research to find consulting companies who want people with your energy expertise. Make sure your b-school choices have good recruiting relationships with these firms.

-Long-term goal: Start-up in clean tech

Again, strong goal. Makes sense. After some time as a consultant, you could absolutely go on to work with, or finance clean tech start ups. The top schools, ie. H/S will want to see a sense of social impact with your goals. Keep that in mind if those schools are on your radar.

-GMAT: 710 GMAT (49Q/39V)

This is a good score – putting you in the top 10% of test takers. It’s a bit below average for the top echelon of schools, but with your experience – and if you interview well – it’s not worth retaking in my opinion.

-GPA: 2.5 (Double-major in Communications and Business Economics)

Yikes. This GPA is what I’m worried about for you. Looks like you were way more absorbed in your extracurricular achievements than in academics. This could cause some concern with the adcom. As a member of an under-represented minority, who has great leadership and a competitive GMAT, the schools may be willing to discount the GPA if you can provide context for your performance as an undergrad and evidence that it is not representative of your academic abilities. Your GMAT definitely helps, but a few recent A’s plus an optional essay about why your GPA is low are also necessary. Were there extenuating circumstances that caused you to miss classes, or did you just slack off? If so, what have you done since to show you have the intellectual bona fides to keep up with other b-school students?

-Extracurriculars: Last two years for Habitat for Humanity, including project with local green building architects to incorporate green design into homes; During college, heavily involved in campus politics and served as inter-fraternity Council President.

Your current extracurriculars line up nicely with your work interests and goals, creating a tidy package. It seems like you are a true leader, a people person. Talk that up in your essays – how you’ve been able to motivate others, create change, move organizations in positive directions. Make sure you communicate how your impact was vital.

-Schools:

Stretch matches: Harvard, Stanford, UC Berkeley

On-par matches: Yale, Michigan, NYU, UT, Duke

Safety matches: Rice, Texas A&M

Bottom Line: Check out some of the joint degrees offered by the schools above. Bonus if you can get it paid for (ie. scholarships). It never hurts to ask. You know how to get votes. Now convince the adcom/financial aid office you’re the next big thing in clean energy.

Download our free special report: Best MBA Programs

Michelle Stockman is a professional journalist, former Columbia Business School admissions insider, and experienced MBA admissions consultant.

Tags: ,
]]>
http://blog.accepted.com/2014/03/05/what-are-my-chances-african-american-politico-turned-energy-guy/feed/ 2
Hard Work and Humility: Reflections of a UCLA Anderson Student http://blog.accepted.com/2014/03/02/hard-work-and-humility-reflections-of-a-ucla-anderson-student/ http://blog.accepted.com/2014/03/02/hard-work-and-humility-reflections-of-a-ucla-anderson-student/#respond Sun, 02 Mar 2014 16:05:00 +0000 http://blog.accepted.com/?p=21290 ]]> Check out the rest of the our MBA Student Interviews. We’d like to introduce you to UCLA Anderson student, Jenn Hyman. Read our interview below to hear about Jenn’s MBA adventure – her favorite things about UCLA, the thing she’d like to change about the program, her travels, her new job, and more! Thank you Jenn for sharing your story with us!

This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. We hope to offer you a candid picture of student life, and what you should consider as you prepare your MBA application.

Accepted: Can you tell us a little about yourself? Where are you from? Where and what did you study as an undergrad? What’s your favorite ice cream flavor? Favorite non-school book?

Jenn: I am a local girl, born and raised in Los Angeles. I went to UCLA for undergrad and double majored in Economics and Psychology.

Ice cream is not something to be taken lightly. I’d say my favorite flavor right now is anything with Heath Bar, but really when someone is going to give you fresh ice cream on a waffle cone, who am I to complain.

I am, and have always been, a total bookworm. Choosing my favorite book is a tough task, but I would have to say either Cat’s Cradle by Kurt Vonnegut or The World According to Garp by John Irving.

Accepted: How did you choose UCLA Anderson? Why would you say you’re a good fit with the program?

Jenn: Having gone to UCLA for undergrad, I actually was not sure I would return for grad school. I was focused in on CPG brand management and was looking for programs that would align with this career goal. After some soul-searching, I realized that long term I wanted to settle on the West Coast. So when it came down to it, I was deciding between UCLA Anderson and Kellogg and realized that my opportunities for developing a network on the West Coast were simply greater going to Anderson.

Additionally, a huge factor for me was the people. I spent a lot of time getting to know students, staff and alumni at each school I was applying to, and those from UCLA Anderson just felt like my kind of people. I always say, go to a school where you believe that the person sitting next to you is going to be as successful as you want to be. That is what I felt from those at Anderson, driven individuals who I had faith would soar to great heights, but would excel in their lives the way I wanted to: through hard work and humility.

My fit with Anderson comes from this collaborative environment. I know it sounds unbelievable, but truly, my best friends at Anderson are those I recruited with. We would be competing for the same jobs but would spend hours the night before prepping each other to assure that we each put our best foot forward.

Brilliance comes in many forms, but at Anderson, brilliance is understated, it is a cost of admission and success is defined by collaboration, friendship, hard work and humility. I have never met colleagues who I respect more or who am more honored to call my friends.

Accepted: If you could change anything about the program, what would it be?

Jenn: One of the greatest challenges of coming to Anderson is the fact that it is a quarter system school which means we start later than other programs. This means that you need to hit the ground running in fall of your first year because in early October, recruiting is in full swing. My improvement to the program would be more prep work over the summer to assure preparedness for this recruiting effort once it commences.

Accepted: What have been some of your highlights so far during your 1+ years at Anderson?

Jenn: Oh I could talk about this for days! Where to start? I will try to highlight some of my favorite memories:

1) International Travel

Spring Break of my first year, I went on the UCLA Anderson Japan trip which was organized by our Japanese students. This annual trip is a cornerstone of our program where over 100 MBA will take over Japan. We arrived just as the Cherry Blossoms were blooming and spent our entire break immersing ourselves in Japanese culture through Sumo Tournaments, Japanese Baths, Temples, celebrating with locals, touring local companies including behind the scenes at Toyota, eating sushi at 4am at the fish market and many more such memories.

My second year, I traveled with a study course to Chile where we spent a week in country listening and learning from top Chilean leadership in every industry from mining to hospitality to investment banking. The goal was to understand the socio-economic conditions that have contributed to Chile’s stability and success in recent years. The access we were granted was unparalleled. The conversations were fascinating and provided a launchpad for our future international business operations. And don’t forget the opportunity to wine-taste on horseback in the Andes!

2) Classes

I have had some of the most incredible classes I could have imagined upon entering business school. Because we are located in Los Angeles, our access to CEOs and top leadership is unparalleled. It is simply quite easy for these individuals to teach courses or guest lecture in any number of classes in our curriculum.

I took a Crisis Management Course with Bob Eckert, the former CEO of both Kraft and Mattel, in which much of the course was him bringing in guest speakers, like the former CEO of Hershey, CMO of Proctor and Gamble, etc., to teach us how to handle the inevitable crisis that would hit our future career. Currently, I am taking an Entertainment Business Models course taught by CEO of MGM, Harry Sloan, with a similar cadre of high status and well-respected industry personal teaching us about the changing dynamic of Entertainment.

When your classes are taught by the literal experts in the field, your work is all the more relevant and impactful. Often, in many of my classes, our final project will be a real life business issue and our solution will be presented to the clients like the Dodgers, Fandango, Netflix, etc.

3) Social Events

UCLA Anderson has a rich history of social events that keep our students deeply woven into a community. From an annual bike ride from Santa Monica 14 miles south that attracts 200+ students and alumni who stop every few miles to party, to our Casino Night which raised thousands of dollars for charity, to Ander-Prom which is exactly what it sounds like, we have some of the best parties around that speak to everyone’s interest.

I am actually President of the Wine Club and we host bi-weekly events that range from learning about the business of wine, to exploring food pairings or new varietals, to social outings, to weekend trips to local wine regions.

There is nothing better than spending time outside the classroom with new friends. Plus, we have weekly happy hour sponsored by Anderson where every Thursday, we celebrate the end of our week (there is no class on Fridays) with food and a drink on an outdoor lawn. Not many places where outdoor happy hour can exist year round!

Accepted: You landed your dream job at Nestle – congrats! What is your position there? How did you go about securing that job? What role did UCLA play in that process?

Jenn: Thanks! I am super excited! I will be an Associate Brand Manager at Nestle USA. UCLA Anderson is truly the reason I was able to obtain this job. There are a couple reasons for this:

1) Career Center

We have an award-winning career center. From everything behind the scenes with us – getting our resumes ready, interview prep, counseling – to the front end where connections with companies are made, Parker Career Management Center is just incredible. We have relationships with the nation’s top companies that are secured and maintained by Parker to the benefit of our students. They bring so many companies to campus, it sometimes feel like you are able to take your pick.

2) Advising Career Teams (ACT)

Anderson has a unique program whereby second year students coach first year students about how to get their dream job in their various industries. These advising sessions are led by successful second year students in a given industry to help coach first years about what kinds of preparation to be doing, how to start thinking like a professional in a given industry, what companies are looking for, etc. These teams help make our students the most prepared possible walking into any recruiting environment.

3) Professional Clubs and Events

Our professional clubs take over where our career center leaves off and does training, interview preparation and countless recruiting events for students. They provide access to companies through on-campus events, days on the job (where students attend recruiting events at the host company) and treks to various cities to meet different companies.

Through all these three avenues, I was able to become the best marketer I could be. I also was able to meet Nestle and fall in love with the company. The preparation and access all I could have hoped for and secured my success in my future career.

Accepted: Looking back, what would you say was the hardest stage of the b-school application process for you? How did you go about overcoming that challenge?

Jenn: I found the whole thing quite challenging. However, the most challenging part was truly understanding why I wanted to get my MBA. I wanted to understand for myself why the investment was worth it for my career. What was I actually planning on doing? Was that the right career path for me?

To answer this question, it was really 1 part talking to a whole lot of people and 2 parts soul searching. I talked to anyone who I thought was tangentially related to what I wanted to do and peppered them with questions about their day-to-day, aspirations, etc. Then I spent a lot of time thinking about what about my last position fulfilled me and what more I was looking for. Was my dream job at the end of a b-school application? What did I want to do in 5 years? 10? In some ways, I am still answering that question and had to take a leap of faith to complete my application. However, in many ways, the soul-searching I did when completing my application made my essays more honest, passionate and heartfelt. Not to mention, it gave be focus and direction upon starting my MBA. So as hard as it was, it was truly all worth it in the end.

For one-on-one guidance on your b-school application, please see our MBA Application Packages. For specific advice on how to create the best application for UCLA see our UCLA Anderson 2014 MBA Application Questions, Tips.

Download our free special report: Best MBA Programs

Accepted.com

Tags: , ,
]]>
http://blog.accepted.com/2014/03/02/hard-work-and-humility-reflections-of-a-ucla-anderson-student/feed/ 0
Waitlisted! What Now? http://blog.accepted.com/2014/02/27/waitlisted-what-now/ http://blog.accepted.com/2014/02/27/waitlisted-what-now/#respond Thu, 27 Feb 2014 19:08:02 +0000 http://blog.accepted.com/?p=21411 ]]> Listen to the full recording of 'Waitlisted! Now What?'So, you’ve been waitlisted and you’re not sure whether to laugh or cry. You can choose to do either, neither or both, but then it is time to figure out what to do next.

Listen to the recording of our latest podcast episode to hear Linda Abraham’s six tips for waitlisted applicants. Make sure you know what to do (and what not to do!) to ensure that you are the candidate on the very top of that waitlist.

00:01:28 – Devastated about your waitlisted status? Don’t give up!

00:02:16 – Don’t be an independent thinker please.

00:03:43 – Self-evaluate and take action.

00:04:24 – Spread the good word (even if it doesn’t relate to your weaknesses).

00:05:44 – Schools like applicants who are interested in attending their program!

00:06:13 – Don’t spam the adcom.

00:06:48 – How a waitlist letter should begin and what it should include.

00:07:33 – Addressing your weaknesses without sounding weak.

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single show!

*Theme music is courtesy of podcastthemes.com.

Relevant Links:

•  MBA Waitlist Advice 101
•  Med School Waitlist Advice 101
•  Grad School Waitlist Advice 101
•  College Waitlist Advice 101 
•  The Nine Mistakes You Don’t Want to Make on an MBA Waitlistan ebook
•  The Nine Mistakes You Don’t Want to Make on a Med School Waitlistan ebook
•  The Nine Mistakes You Don’t Want to Make on a Law School Waitlist, an ebook

Subscribe to Admissions Straight Talk:

Subscribe to Admissions Straight Talk in iTunes!     Subscribe to Admissions Straight Talk in Stitcher!

Tags: , , , , , , , , , ,
]]>
http://blog.accepted.com/2014/02/27/waitlisted-what-now/feed/ 0 MBA Waitlist,podcast,Wait List,weakness So, you’ve been waitlisted and you’re not sure whether to laugh or cry. You can choose to do either, neither or both, but then it is time to figure out what to do next. - Listen to the recording of our latest podcast episode to hear Linda Abrahamâ... So, you’ve been waitlisted and you’re not sure whether to laugh or cry. You can choose to do either, neither or both, but then it is time to figure out what to do next. Listen to the recording of our latest podcast episode to hear Linda Abraham’s six tips for waitlisted applicants. Make sure you know what to do (and what not to do!) to ensure that you are the candidate on the very top of that waitlist. 00:01:28 – Devastated about your waitlisted status? Don’t give up! 00:02:16 – Don’t be an independent thinker please. 00:03:43 – Self-evaluate and take action. 00:04:24 – Spread the good word (even if it doesn’t relate to your weaknesses). 00:05:44 – Schools like applicants who are interested in attending their program! 00:06:13 – Don’t spam the adcom. 00:06:48 – How a waitlist letter should begin and what it should include. 00:07:33 – Addressing your weaknesses without sounding weak.  Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single show! *Theme music is courtesy of podcastthemes.com. Relevant Links: •  MBA Waitlist Advice 101 •  Med School Waitlist Advice 101 •  Grad School Waitlist Advice 101 •  College Waitlist Advice 101  •  The Nine Mistakes You Don’t Want to Make on an MBA Waitlist, an ebook •  The Nine Mistakes You Don’t Want to Make on a Med School Waitlist, an ebook •  The Nine Mistakes You Don’t Want to Make on a Law School Waitlist, an ebook Subscribe to Admissions Straight Talk:       Accepted Admissions Consulting Blog no 12:34
How to Put Your Best Foot Forward on Test Day http://blog.accepted.com/2014/02/27/how-to-put-your-best-foot-forward-test-day/ http://blog.accepted.com/2014/02/27/how-to-put-your-best-foot-forward-test-day/#respond Thu, 27 Feb 2014 15:39:46 +0000 http://blog.accepted.com/?p=21392 ]]>
Check out our Graduate School Admissions 101 Pages!

The key to GRE success?

Many of us have gotten through school with decent grades by relying on one method: cramming. We’ll likely order a jumbo-sized coffee, deposit ourselves in the far corner of a café, and condense three-months of material into a six-hour, red-eyed, caffeine-fueled study session.

If you pull those shenanigans test day, you’ll definitely end up with those red eyes—which you’ll want to close as soon as you see your score.

The GRE is a massive test that, for many, requires months of intense preparation: vocabulary lists, math fundamentals, mock tests, and dense reading passages are just the tip of the GRE iceberg. To do your best, you will simply need a lot of time.

But of course things are a little more complicated than that. You can’t just hole yourself away in some attic, and live and breathe GRE prep. Sure, you’ll probably improve a little, but really maxing out your potential comes down to the following:

What you study

The GRE universe contains books and resources vital to your success; it also contains materials that are out-of-date or not really representative of what you’ll see on the test.

How you study

Many labor under the delusion that all they need to do to improve is one problem after another.  First off, you have to make sure that you are using the proper strategies. That’s why learning the strategies from the best resources is really important. If your approach is off, you are only reinforcing it by doing problem after problem.

You’ll also want to understand why you are missing certain questions. That is, don’t just understand why the right answer was right, but why the wrong one you chose was wrong.

You’ll also want to take practice tests to chart your progress. It helps to have a goal in mind so make sure you know the average GRE scores of the programs you’re looking to get into.

When you study

If possible, don’t rely on once a week study binges, hoping that 6 hours in one day will make up for six days you didn’t crack open a single book. Spread out your study sessions throughout the week. Even 20 minutes here and there will make a big difference and keep the material fresher than were you do GRE prep just once a week.

What about those last 24 hours?

Believe it or not, if you’ve been studying properly for about six weeks leading up to the test, those last 24 hours should be relatively stress-free.

Of course that doesn’t mean I’m not going to share some last minute GRE tips. First off, don’t cram. You should review words you already know, but don’t undertake new words or anything demanding—don’t try to knock out a set of three essays, washing them down with back-to-back verbal sections. The key is keeping your stress low and your confidence up. There is no need to upset your equilibrium for the sake of one problem set.

At the same time, keep the engine oiled those last 24 hours by doing some review. Make sure to get a good night’s rest; don’t go into the test center starving (nor gorge yourself on some decadent meal an hour before your appointment); and don’t down 20-oz of coffee the night before.

Learn how to determine if, when, and where you should apply to graduate school.

MagooshThis post was written by Chris Lele, resident GRE expert at Magoosh. For more advice on taking the GRE, check out Magoosh’s GRE blog.

*Image courtesy of amenic181 / FreeDigitalPhotos.net

Tags: , , ,
]]>
http://blog.accepted.com/2014/02/27/how-to-put-your-best-foot-forward-test-day/feed/ 0
What I Wish I Knew Before Entering the Duke MBA http://blog.accepted.com/2014/02/26/what-i-wish-i-knew-before-entering-the-duke-mba/ http://blog.accepted.com/2014/02/26/what-i-wish-i-knew-before-entering-the-duke-mba/#comments Wed, 26 Feb 2014 18:58:36 +0000 http://blog.accepted.com/?p=21336 ]]> Guest post by Seven Ma, MBA Student at Duke Fuqua in its Health Sector Management Program.

Check out our Duke Fuqua B-School Zone!

Duke

The MBA flies by fast. I’m currently a first year student and about one-third into my MBA. While only spanning 7 months, so much has happened. I’ve finished all of my core MBA courses, learned a lot about health care, started and finished recruiting for the summer internship, and got to know many of my classmates and faculty. However, just last year I was an anxious prospective MBA student and was unsure of what to expect. Here are some things that I wish I knew last year prior to the MBA.

Understanding the short term benefits of the MBA

The MBA has both short term and long term benefits. The one I’ve mainly focused on thus far has been long term ones – building strong relationships with classmates, focusing on leadership development, and getting hands on experience in biotech startups. However, I would’ve benefited from understanding the exact functions companies recruit MBAs for – earlier. For corporate positions, these would be marketing, operations, finance, and strategy. I would suggest new MBA recruits or applicants to understand what these roles are and which ones to explore further. By clarifying this early on, it will make informational interviews with alumni, company visits, and recruiting events much more effective.

Start early on long term development

As mentioned earlier, the MBA has significant long term benefits. One would also not want to focus solely on short term goals and ignore long term career development. The tip I got early on was to picture the role you want to have much later (for example, the CEO of a public company) – then determine the best opportunities to pursue that can get you there. There are so many events to get involved with during the MBA so choosing the right ones requires this clarity. More specifically, this will help with class choices, club leadership decisions and so on. My tip would be to start working toward long term goals even before starting the MBA. Leadership development is life long and I would suggest doing some reading, attending conferences/seminars and getting involved through volunteer or internship opportunities while still working. I review books on my blog and you can find the list here (more relevant for health care folks).

Learn to read efficiently

A critical skill for business leaders is to extract the most relevant information from a variety of sources quickly. This is especially important for MBA students as time is extremely limited and is split among three aspects – academic, recruiting, and leadership. One thing I learned to do during the fall terms at Duke was how to effectively focus on the most important things in class. It’s a totally different mindset from undergraduate studies when one had time to fully learn everything. In the MBA, it’s important to understand the 20-80 rule and focus 20% of your energy on getting 80% of the result. Learning to read quickly would help. I recommend taking a look at some books on speed reading. In addition, I would urge prospective students to practice reading their news stories or journal articles at a higher pace and try to summarize key take-aways in the end. This is something I’m currently doing with my outside reading on business and health care, but is something I could’ve taught myself before beginning the program.

Learn to listen

The MBA can feel competitive, especially since you will be surrounded by very intelligent and high performing individuals. In class and on teams, I found that it can be easy to get stuck in trying to contribute and not doing that great of a job on listening. One thing I now do well is to focus my energy on listening to fully comprehend others. It’s not easy to do, and we are taught to avoid this – for example by not falling in the trap of thinking of responses when others are speaking. I would suggest practicing this before the MBA. Learn to be mindful (Google “mindfulness”) and learn how to listen. In conversations, reflect if you’re actively engaged and listening to the other person. This is an extremely important skill to have and is something that the most successfully leaders are known for. Having an extra few months to practice would help a lot.

Did you miss our webinar, Career Strategy for MBA Applicants?

Steven_MaSteven Ma is an MBA student at Duke University’s Fuqua School of Business (’15). He has a background in the life sciences and is passionate about innovation in health care. The Duke MBA and its Health Sector Management Program has been a critical part in Steven’s transition into business and he enjoys sharing his experiences. Visit his blog, From Bench to Board.

Tags: , ,
]]>
http://blog.accepted.com/2014/02/26/what-i-wish-i-knew-before-entering-the-duke-mba/feed/ 2
Infosys to Hire 200 New MBAs http://blog.accepted.com/2014/02/26/infosys-to-hire-200-new-mbas/ http://blog.accepted.com/2014/02/26/infosys-to-hire-200-new-mbas/#respond Wed, 26 Feb 2014 15:36:39 +0000 http://blog.accepted.com/?p=21300 ]]> Click here for a copy of 'Focus on Management Consulting'!

Infosys to conduct largest ever global MBA recruitment by an Indian company.

According to an article in The Economic Times, Infosys hasn’t hired MBA talent for four years now, but currently plans on changing that by hiring at least 200 MBAs from top b-schools around the world, in an effort to beef up its business consulting practice. This will be the largest ever global MBA recruitment by an Indian company.

According to Pascal Matzke, VP of Forrester Research, “Infosys realises it has a lot of great technical skills, but not business skills. This (hiring global MBAs) is to beef up business capabilities and skills so that they really can compete with the likes of Accenture.”

Business schools that Infosys is targeting include: HBS, Wharton, NYU Stern, Chicago Booth, UCLA, and Kellogg in the United States; London Business School, INSEAD, ESADE, Oxford Said, International Institute for Management Development (Switzerland), and Rotterdam School of Management in Europe; and NUS, Asian Institute of Management, Manila, Australian Graduate School of Management, Melbourne Business School, and China Europe International Business School in Asia-Pacific.

Infosys will also be hiring from the IIMs in India.

With new hiring strategies and improved employee engagement, Infosys plans on lowering its attrition rate which is one of the highest among top-tier firms (at 18%).

Click here to download your free copy of Focus on Management Consulting

Accepted.com

Tags: ,
]]>
http://blog.accepted.com/2014/02/26/infosys-to-hire-200-new-mbas/feed/ 0
Two Ways to Reveal Leadership in Your Applications http://blog.accepted.com/2014/02/25/two-ways-to-reveal-leadership-in-your-applications/ http://blog.accepted.com/2014/02/25/two-ways-to-reveal-leadership-in-your-applications/#respond Tue, 25 Feb 2014 16:12:26 +0000 http://blog.accepted.com/?p=21367 ]]> Leadership is one of the of the most valued attributes in admissions. In this short video, Linda Abraham discusses two main ways you can show the adcom that you are a leader.

For more tips on revealing leadership in your applications, check out:

•  Leadership in Admissions, a free special report.

•  4 Ways to Show How You’ll Contribute in the Future

•  What Should I Write About? Making a Difference

•  MBA Admissions A-Z: L is for Leadership

Accepted.com

Tags: , , , , , ,
]]>
http://blog.accepted.com/2014/02/25/two-ways-to-reveal-leadership-in-your-applications/feed/ 0
Your GMAT Study Plan: Get More Right Answers in Less Time http://blog.accepted.com/2014/02/25/your-gmat-study-plan-get-more-right-answers-in-less-time/ http://blog.accepted.com/2014/02/25/your-gmat-study-plan-get-more-right-answers-in-less-time/#respond Tue, 25 Feb 2014 15:22:53 +0000 http://blog.accepted.com/?p=21348 ]]> Be Prepared for GMAT Test Day.I got a call yesterday from a prospective client who sounded equal parts awestruck and discouraged. He explained that he had shown one of the sample GMAT math problems from my YouTube channel to his colleague who looked at it and proceeded to answer it, in his head, in about 20 seconds. The same problem had taken this caller several minutes to figure out, and that was with the help of my answer explanation in the video. After relating this story, his question to me was very simple:

“Will I ever be able to solve GMAT problems that fast?”

I responded like any good politician might: “Yes and no.” (Why take a stand when you can equivocate, right?)

All kidding aside, the reality is that some of us may never develop a true “math brain” that enables us to solve seemingly complex GMAT word problems in mere seconds. And even if we could, it probably won’t happen in the few weeks or months that we’ll be studying for the GMAT.

But here’s the good news: You don’t have to become a math (or verbal) savant to score high on the GMAT.

There are a handful of key GMAT content areas and test-taking strategies that, once learned and mastered, will enable even the most average of test takers to get more right answers on the GMAT in less time.

In fact, that’s exactly what I’m going to be teaching in my live online GMAT Bootcamp beginning March 1st. I’ll be tackling the most essential question types, strategies, and time management considerations that will enable you to dramatically boost your GMAT score after just a few hours of instruction. If you’re interested in accelerating your GMAT prep, click here to get all the details.

The GMAT in many ways is a balancing act, learning to weigh your desire to solve every problem you think you’re capable of solving with the very real time constraints placed on you by the test itself. For this reason, many of the questions I receive from my students concern time management on the GMAT — specifically, how to get more right answers in less time.

This video (below) addresses just those questions and also gives you a step-by-step study plan for preparing for the GMAT. As you’ll see, there are four parts of the progression toward learning to solve GMAT questions more efficiently. Again, it’s not about how smart you are. Rather, it’s a matter of adopting these four mindsets and practicing them until they’re second-nature when you go to apply them on test day. Enjoy!

Note: The deadline for registering for our GMAT Score Booster Bootcamp is midnight on Thursday, February 27th. For more details, visit http://offers.dominatethegmat.com/GMAT-Bootcamp-Live-Online.

Learn how to evaluate your profile to determine the best business school for you!

Brett Ethridge is the founder of Dominate the GMAT, a leading provider of GMAT courses online and topic-specific GMAT video lessons. He has taught the GMAT for 10 years and loves working with students to help them achieve their highest potential. Brett is an entrepreneur, a triathlete, and an avid Duke basketball fan.

Tags: , ,
]]>
http://blog.accepted.com/2014/02/25/your-gmat-study-plan-get-more-right-answers-in-less-time/feed/ 0
From Psychology to the Media Industry, Strat and Harvard B-School http://blog.accepted.com/2014/02/24/from-psychology-to-the-media-industry-strat-and-harvard-b-school/ http://blog.accepted.com/2014/02/24/from-psychology-to-the-media-industry-strat-and-harvard-b-school/#respond Mon, 24 Feb 2014 16:33:13 +0000 http://blog.accepted.com/?p=21250 ]]> Check out our Harvard Business School Zone!We’d like to introduce you to Jyll Saskin, a graduate of Harvard Business School’s inaugural 2+2 Program. Read our interview to learn about some of Jyll’s favorite things about HBS, as well as advice for incoming and future b-school students. Thank you Jyll for sharing your story with us!

This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. We hope to offer you a candid picture of student life, and what you should consider as you prepare your MBA application.

Accepted: We’d like to get to know you! Where are you from? What and where did you study as an undergrad? What is your favorite non-school book?

Jyll: I was born and raised in Toronto – I’m a very proud Canadian! I studied Psychology and Child Development at Tufts, Class of 2009, and was really involved in student media. I wrote for the Tufts Daily, and served as both Chief Copy Editor and Chief Op-Ed Editor during my tenure there. I also wrote for the Tufts Observer and co-founded a fashion magazine.

While in college, I worked as a Fashion Editor for TheCampusWord.com, a now-defunct start-up that was this great news source by and for college students; the founders pivoted the site into what is now BostInno.com, a great website about all things innovation in Boston. When I entered college, I thought I’d graduate and become a psychologist, but I quickly learned that, while I love studying psychology, I wasn’t interested in the lifestyle and work culture that came with practicing it.

The inaugural year of the 2+2 Program was announced right at the time I was debating the whole, “What do I want to do with my life?” thing, so I applied and, much to my amazement, was accepted.

As for my favorite non-school book, it’s definitely got to be the Harry Potter trilogy. Book Three, if I had to pick just one. I re-read the series every summer; I was relieved when they were finally released in e-book format!

Accepted: Congrats on your recent MBA! What was your favorite thing about Harvard Business School?

Jyll: What a hard question! I’d have to go with the clichéd answer and say “the people.” There are all of these stereotypes about how b-school students are either really high strung, competitive and backstabbing, or fratty d-bags, and it’s just not true. I’m actually so in awe of the work that admissions does, because they put together a class of people who are obviously smart, but more than that, really driven and interesting and interested in so many different things.

I really miss having case discussions every day, getting the opportunity to learn from and (politely) debate with this wildly diverse group of fascinating people. You can’t replicate that elsewhere. It’s once-in-a-lifetime.

Accepted: If you could change one thing about HBS, what would it be?

Jyll: Well, if I could change anything, then I would make the program three years instead of two. This is purely for selfish reasons. The first year is entirely required curriculum, and the second year is elective curriculum. I spent my second year at HBS taking all of those courses that interested me most, generally in strategy. I wish I’d had another year so I could have delved farther outside my comfort zone and taken courses like Entrepreneurial Finance and Real Estate Development.

Yes, that’s a copout answer. It’s all I’ve got! #sorrynotsorry

Accepted: Where did you work before starting HBS? How did the 2+2 Program help you prepare and transition to HBS’s regular program? As a 2+2 participant, did you feel “different”? Finally, are you glad you participated in 2+2?

Jyll: I held two jobs before starting at HBS. First, I was an Editorial Assistant in the teen division at Bauer Publishing, a magazine company.

Unfortunately, the magazine that I worked for folded after I’d been there for a year, so I moved home to Toronto and landed a job in corporate strategy at McCain Foods, a global frozen foods company.

They were two very different experiences, but I was grateful for both perspectives before starting my MBA.

I loved being a part of the 2+2 Program. I was part of the inaugural class, and we had these wonderful summer programs where we got to meet each other and take special classes with HBS professors.

Unfortunately, that part of the program has been phased out, so now the 2+2 Program is really just the grad school equivalent of Early Admission. Once we enrolled, we were just like everybody else in the MBA program – same classes, same activities, same everything.

The only different was that the 2+2 participants all knew each other from the summer programs, and we were the youngest students in the class. I think that there was a bit of stigma attached to the 2+2 label because of that, but honestly, it had more to do with people’s own insecurities in the first few months than anything else. Once we got into the groove with our sections, you pretty much forgot who was the youngest or the oldest because it ceased to be the most salient thing.

Accepted: What is your current job? What role did HBS play in helping you secure that position?

Jyll: I’m currently a Manager in Project Leadership at Scratch, a division of Viacom. If a strategy consulting firm and an advertising agency got together and became experts in all things Millennial, you’d get Scratch. It’s this great mix of left-brain and right-brain problem solving for clients as diverse as General Motors, Hilton and Lady Gaga’s Born This Way Foundation.

HBS definitely played a part in helping me secure this position. I was networking my butt off the summer before last, trying to meet as many HBS alums working in digital/strategy/media as I could. One connected me to someone else, who then connected me to Scratch. Also, two of our most senior people at Scratch are HBS alums, so having that common ground made me feel much more confident going into those interviews.

And now the cycle continues, as I connect current HBS students who are interested in working in this industry.

Accepted: Can you talk more about how you plan on transforming the media/entertainment industry?

Jyll: It’s a lofty goal, isn’t it? The media industry is transforming, with or without me. What really interests me is how you teach old dogs new tricks, how you take legacy media companies and help them transition their business models to not just survive, but thrive.

Throughout my second year at HBS, I worked on an independent project solving that exact problem, but on a much smaller scale: for The Harbus, HBS’ student newspaper. I worked with the staff, my professor and industry experts to put together an analysis and business plan for The Harbus, diversifying its revenue and exploring new audiences and channels and products. It had been so focused on cutting costs, that it wasn’t investing for future growth.

I’m still in close touch with the General Manager at The Harbus, and they’ve started implementing many of my suggestions, often making them better by putting their own twist on things.

So, that’s been very rewarding for me to see, and I know that a lot of the things I did and am doing with The Harbus would be highly transferable to larger news and/or entertainment organizations. It’s an ongoing interest and passion of mine.

Accepted: What are some things you wish you would’ve known before starting b-school? Can you share some advice on this topic with our readers?

Jyll: I wish I had taken some time off before starting business school. It’s a crazy two years, and I went straight from my job into school; my brain could have used some rejuvenation!

At b-school, for the first few months, I kept having to tell myself that I was not some sort of admissions mistake. It’s challenging, you’re in a new environment, learning new things, meeting new people, and everyone goes through that mindset of, “Why am I here? I don’t belong here!” Just know that you’re not alone, everyone feels that way, you do belong and by second semester, you’ll be smooth sailing.

Lastly, I’ve alluded to this earlier, but I do have a twinge of regret that I didn’t push myself harder academically while I was at HBS. I stuck with classes that I loved, which was great because I loved them, but I do feel as if I wasted an opportunity to try some new things.

I would encourage people to keep their electives as broad as the required curriculum, so you can take advantage of everything your MBA program has to offer.

For one-on-one guidance on your b-school application, please see our MBA Application Packages.For specific advice on how to create the best application for Harvard see:

• Harvard Business School 2014 MBA Essay Questions & Tips
• HBS Post-Interview Reflections, a video
• The Accepted Guide to Getting into Harvard Business School, a free webinar.
• What HBS is Looking for: Engaged Community Citizenship
• What HBS is Looking for: The Habit of Leadership

Check out our Harvard B-School Application Essay Tips!

Accepted.com

Tags: , , ,
]]>
http://blog.accepted.com/2014/02/24/from-psychology-to-the-media-industry-strat-and-harvard-b-school/feed/ 0