CMU Tepper MBA Interview with Josh (33-Year-Old; Theater Undergrad; No Experience in Finance/Accounting)

Josh Howatt

“I was the odd shaped piece, the creative piece.”

Here’s a talk with Josh Howatt who was recently accepted an offer to join the CMU Tepper class of 2015. Josh blogs at Taking on Tepper. Thank you Josh for sharing your story with us…and congrats on your acceptance!

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: First, can you tell us a bit about yourself: Where are you from? Where and what did you study as an undergrad? What other degrees do you hold?

Josh: Well…I was born and raised in Orange County, California. I attended the University of California – Irvine, and originally entered with the intention of graduating Pre-Med. However, after a few semesters, I realized that my heart really wasn’t in the medical field. So I went were my heart called, which at that time was Theater and Music (I had been playing piano since I was 4 years old). After graduation, I moved to New York City in pursuit of a myriad of creative enterprises: I created a freelance graphic design business, became a published writer, and the typical New York casualty of singer-songwriter. After 5 or so years of admittedly floundering, I decided it was time to do something with my career and began to consider going back to school and getting my MBA. At first I assumed this was a lost cause, being that I was such an untraditional candidate; but as it turns out, many of the skills I had gleaned throughout my college years and beyond were surprisingly applicable to a corporate environment.

Accepted: How many b-schools did you apply to? Did you apply to safety schools as well?

Josh: Let’s see…I applied to 6 schools in total, which to me seemed like a nice safe number, but from what I’ve learned is on the higher side. I applied to 2 safety schools: Boston University and Boston College. Both, I felt, had strong programs and promising post-graduate placement in CPG Marketing.

Accepted: Why did you decide on Tepper? What made you the perfect fit for that program?

Josh: I finally decided on Tepper after visiting the campus in November. It was definitely a difficult decision, as I had received very enticing scholarships from both BU and BC, and I could see myself living in Boston. However, when it came down to it, I had to ask myself: which school had the greatest ROI; had the tools I lacked; had a strong reputation in Marketing (my concentration), as well as Finance, Technology, and Accounting; had a challenging environment; and – most importantly – had an overall feel of community. Since my first touch point with Tepper – corresponding with a 2nd year student via email since April – I have felt nothing but love from this community. Every single person I interact with seems to be completely dedicated to helping each other. I think this stems from Tepper being such a small school. Everybody knows everybody, and the faculty and students truly want to see you become the best you can be. And so I felt I fit in perfectly there, BECAUSE I was that missing piece. I was the odd shaped piece, the creative piece. People were so enthusiastic when they found out my background: “You were an actor? You know Photoshop? We could have totally used you on our last Branding case study.” And so I feel that I bring a totally untapped resource to the student body, and can’t wait to see what alternative skillset I can bring to the table.

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

Josh: Funny enough, I’m looking forward to the quant-heavy classes. I know this is my weakest area and the place where I will really need to work the hardest if I want to go into recruiting season with confidence. I feel fairly secure in my soft skills, and want to develop into a well-rounded full package.
I’m actually least looking forward to the Business Acting classes. And I know you’re saying, “Hey, wait a second…” But as a Theater major, I know the pressure is going to be on to, well, perform, and after being out of the “acting scene” for almost 8 years, I’m certain to be somewhat rusty. Not that we’ll be tackling Chekhov or anything, but…I joke.

Accepted: I see that a lot of your work history is at the W Hotel in Times Square. Do you plan on staying in the hotel industry? Or do you have other plans for once you receive your MBA?

Josh: I unequivocally do not plan to return to the hotel industry after graduation. After working in hotels for as long as I have, I realize that it’s really not where my heart is. While it is an interesting field, I would much rather be working within a realm that touches most consumers on a day to day basis (whether that manifest in CPG or Tech) in Brand Development, Strategy, and Advertising. I feel that this is a field where I can influence not only consumer behavior, but also how we market to (and in some ways alter the perceptions of) certain marginalized groups, eg: women, LGBT, etc. Although, I have been toying around with the idea of Consulting, as well. I’m just not sure if (being 33) I have the stamina to hack the hours and travel schedule that Consulting requires. Still, knowing myself, I’m sure that my trajectory will undoubtedly shift at some point during my time at Tepper.

Accepted: What was the most challenging step for you in the MBA admissions process? How did you approach it and overcome it?

Josh: First would have to be: the quant portion of the GMAT. And at a close second: struggling to rebrand myself as someone who is able to survive and thrive in not only business school, but beyond. So far I have yet to meet another Theater undergrad when engaging other MBA candidates; however, Tepper assures me that they are out there. In fact, they included a student profile in their most recent pamphlet, highlighting the testimonial of one such student.

Accepted: Why did you decide to blog about your experience? Has the process revealed anything new about yourself?

Josh: Ultimately, I decided to blog about my experience in applying and attending an MBA program, because I know that when I first start looking into the possibility of going back to school I became extremely discouraged. I thought for sure there is no way any school is going to accept a 33-year-old, Theater undergrad, with absolutely zero experience in Finance and Accounting. Turns out that not only was I wrong, but I was accepted into one of the top 20 programs in the Nation. That changed my entire perception of what it means to be an MBA candidate and to be part of a student body that prizes diversity and sees utility in all backgrounds. So maybe somewhere down the line, a painter, an archeologist, a swim coach – whoever – will read about my struggles, and say, “Hey, if this guy can do it, so can I.”

For one-on-one guidance on the Tepper application, please see our MBA Application Packages. For specific advice on how to create the best application for Tepper, see CMU Tepper 2013 MBA Application Questions and Tips.

Do you want to be featured in Accepted.com’s blog, Accepted Admissions Blog? If you want to share your MBA/EMBA journey with the world (or at least with our readers), email us at mbabloggers@accepted.com.










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Tepper MBA Student Interview: Chhaya’s Journey

B-School Student Interview

“I love the collaborative culture.”

We decided to follow up with some of our past MBA blogger interviewees to see where their admissions journey brought them. Next in our series is Chhaya, author of the blog, “ccatcher’s mba chronicle” and first year student at CMU Tepper. The original interview with Chhaya can be found here.

Accepted: What other programs did you consider in addition to Tepper? What helped you make your final decision?

Chhaya: I considered the MMM at Kellogg, MBA at Tuck, ISB, Tepper and Cornell. I got two offers and I picked Tepper because of the interactions I had with the Tepper community.

Accepted: What is your favorite thing about Tepper so far?  

Chhaya: It has to be the people and the small class size. I know each of my classmates and almost all the second years. I also love the collaborative culture.

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

Chhaya: The food in the cafeteria in Tepper, but then there are so many better options in the university that the options at Tepper cafeteria don’t bother me much.

Accepted: Can you tell us about your involvement with the Forté Foundation?    

Chhaya: Through Forté Foundation, we get many opportunities to interact with successful women in business through various events. It’s very inspiring and also a great opportunity to build one’s network.

Accepted:Is it difficult to be back in school after a few years off? What would you recommend to incoming b-schoolers to help them get back in school shape?

Chhaya: I am enjoying my experience at school. The most important thing to do before school is to exhaustively cover any pre-school material that the school sends.

Do you want to be featured in Accepted.com’s blog, Accepted Admissions Blog? If you want to share your MBA/EMBA journey with the world (or at least with our readers), email us at mbabloggers@accepted.com.


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Tepper MBA Student Blogger Interview: Julianne’s Journey

"Keep your mind and eyes open."

“Keep your mind and eyes open.”

Next up in our series of featured MBA bloggers is Julianne, a second-year MBA student at CMU Tepper who blogs about her experience at Sleeping between Spreadsheets. Please enjoy reading about Julianne’s experiences here and on her blog!

Accepted: First, can you tell us a little about yourself: Where are you from? Where did you study as an undergrad? What did you major in? 

Julianne: I’m originally from the Sunshine Coast in Queensland, Australia. I hold two undergraduate degrees – a Bachelor of Business in Management and Accounting from Queensland University of Technology and a Bachelor of Business Administration in Accounting from University of Texas San Antonio. These two degrees gave me the 150 hours I needed for the CPA requirement. Although I was good at accounting, I didn’t quite like it, so after graduation I ended up in a job that was as far from traditional accounting as could possibly be while within the accounting designation – Internal Audit.

Accepted: Why did you choose to attend Tepper? What attracted you most about the program? 

Julianne: When I was deciding which business schools to attend, I had three criteria: First, the school had to have an analytical basis for the education it provides. My first undergraduate degree at QUT was taught with an emphasis on case study, and I wanted a different learning experience (as an aside, I was wrong – my undergraduate was highly academic in nature; case method teaching is at Tepper for some classes and was a different experience than my undergrad). Additionally, my work experience at the time and my goals were related to how organizations manage and use data – Big Data was just coming into business vocabulary then, and it was an area that I had identified as a prime opportunity.

The second criterion was that it had to have a strong IT presence. IT is so ubiquitous that it didn’t make sense to look at business as something outside of technology. Additionally, I’ve always had a very strong interest in IT (I’m a bit of a geek) and I was hoping for a breadth of experience that encompassed IT issues also.

The third was that I wanted to have a white Christmas, so only schools in the Northeast would really count.

Tepper met all three criteria with ease from the initial selection. When I applied and was invited to interview, I flew up to Pittsburgh to experience the full day with them. I was immediately blown away with how friendly and down-to-earth everyone I met was – from the admissions staff to the student volunteers who took me to class. Coming from a degree that placed importance on academic status, I was also very impressed that a number of Nobel laureates came from the school. But it was really just the people that made me feel very accepted into the community that sold me on the school.

Accepted: Has the program lived up to your expectations? Are there any surprises?

Julianne: The program has been amazing. It’s very intense and rigorous, and I love every minute of it. All of my classmates have been great and they’re all incredibly smart – it’s a very humbling experience to be surrounded by so many intelligent people. Probably the most surprising thing that I’ve noticed a few people commenting on is how the community is there for you – there’s no rivalry or back-stabbing. Even in the cut-throat time of job searching, it was not unknown for applicants for the same job to help each other out with research or interview prep.

Accepted: Do you have any advice to share with first year MBA students? What do you wish you had known when you were first starting b-school?

Julianne: I think the best piece of advice is to keep your mind and eyes open. Although it’s a pretty generic sentence, I’m thinking specifically of career plans. When I applied to Tepper, I was very intent on Information Systems. When I went through BaseCamp, the 4-week orientation before the first year starts, I had decided to be a consultant. However, as the school year progressed, I took classes, met people, won competitions, I began to realize that my true passion lay in IT companies, specifically video game companies. I would never have thought that this would be a path I would go down if it wasn’t for those experiences, and if I had been hell-bent on doing what “traditional” MBAs do – like finance or consulting – I probably would not have seen these opportunities.

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

Julianne: The thing I would change would be how it interacts with the other schools on campus. It can be very insular, and a vast number of students stay within the walls of the building. I’ve made an effort to reach out to other schools and to other people in the CMU community, but it’s tougher than expected, since a lot of those schools are also quite insular.

Accepted: If Tepper didn’t exist and you were to attend a different b-school, which would it be? Why?

Julianne: Hm. Knowing what I know now about myself, probably MIT or Stanford – and that’s because of their strong presence in the video-gaming industry.

Accepted: Can you share your experience with the Forte Foundation?

Julianne: I haven’t had much to do with them over the last year, but when I was initially accepted into Tepper, Forte helped me out a lot to prepare for the experience. I attended the conference in New York right before starting, and got to know a lot of companies, the recruiting practices, as well as techniques to be successful in the MBA program. Their job-board was also another source for internships when I was looking. Unfortunately, they don’t have any IT companies signed up as sponsors, so my involvement with them has lessened.
Oh, I am also a Forte Fellow.

Accepted: Do you plan on staying in the States once you receive your MBA or heading back to Australia?

Julianne: I’m a permanent resident, so I’ll be in the States for a while yet. However, my partner went to Australia for the first time over the break, and he’s starting to think that Aus is a great place to live…

Accepted: Why did you decide to blog about your MBA journey?

Julianne: When I was originally researching the universities I wanted to attend, one of the key resources I loved to look at were the student blogs that talked about their experiences. I did not find one for Tepper. I decided to write one when I got accepted so that other people can read about my experiences. I made it a goal to post once a week, and while I have faltered a little in certain times, I believe I’ve done a good job of hitting it. The best part is always meeting people who have read the blog – a couple of first years told me that when they first started last semester, and every once in a while I take a prospective student to class who had also read it (I was very active with the admissions group).

Do you want to be featured in Accepted.com’s blog, Accepted Admissions Blog? If you want to share your MBA/EMBA journey with the world (or at least with our readers), email us at mbabloggers@accepted.com.


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CMU Tepper 2013 MBA Application Questions, Deadlines, Tips

CMU TepperThe key to admissions success here is to exhibit your keen analytical capabilities through your essays—that and your strong passion for learning and your desire to expand your role as an innovative leader. Get those points across to the adcom members and you could be well on your way to the tech-savvy business education that only Tepper can provide.

ESSAY A (Required)

What are your short-term and long-term goals? How will a Tepper MBA help you to achieve these goals? (Please include any information regarding what steps you have taken to learn more about the Tepper School of Business at Carnegie Mellon University.)  (Maximum length= 2 double-spaced pages in 12 pt font)

Straight-forward MBA goals question. What do you want to do immediately after earning your MBA? What do you want to do 5-10 years down the road? Yes your longer term goals can be fuzzier, but you should be able to show clear direction. Be sure to include in your response how Tepper’s program (not ranking, reputation, or other generalities that apply to all top programs) will help you achieve your goals.

As you do your research, attend info sessions, and visit campuses, look for the distinctive pieces to any MBA program that appeal to you. Then use that data to demonstrate how well you know the program and what a great fit you are for the given school.

Regarding CMU, you may want to refer to its mini-semester structure or its MBA tracks and cross-campus curriculum. Explain how any or all of these elements will help you achieve your goal. If Tepper professors are prominent in your area of interest, discuss how their research jives with your professional interests. Your ability to connect these details and your goals builds a stellar goals essay.

ESSAY B (Required)

The Tepper School is looking for individuals who will make an impact. Give an example of a time where you made an impact in your professional or academic life. (Maximum length= 2 double-spaced pages in 12 pt font)

In this MBA essay, show how you have contributed actively in the past to your team at work or perhaps a group project in class. Did your suggestion enable the team to finish the project on time? Did you inspire and unite your teammates and lead them to unprecedented victory in the academic decathlon?  Please note that Tepper is looking for an example, not a theoretical treatise. Stories work well for this (and many other ) kinds of questions.

ESSAY C (Required)

Describe an obstacle or ethical challenge that you have faced in your professional or academic life. How did you deal with this situation and what did you learn from it? (Maximum length= 1 double-spaced page in 12 pt font)

This is a fairly short essay and a straight-forward one at that. I recommend an obstacle that you have overcome or an ethical challenge that you handled well.  Discuss the situation you faced, the challenges it presented and then how you responded.  Finally what did you learn from the experience.  If possible, be anecdotal in telling the story and avoid cliches when analyzing what you learned.

ESSAY D (Required)

Please answer one of the following two questions. Please clearly specify which question you are answering. (Maximum length= 1 double-spaced page in 12 pt font. )

1. Outside of my professional and/or academic life, one thing that people would be surprised to know about me is…

2. Outside of my professional and/or academic life, I am especially proud of…

This question is a freebie, a wild card. You can really write about anything non-professional that will give the admissions committee insight into YOU. As it has in the previous essays, Tepper wants you to focus on one aspect of your life, and they clearly want it to be non-professional. It can be fun or serious. My advice is that it should complement the characteristics revealed in the other essay. Where do you break with whatever stereotype is out there about you? That topic might be a great response to D1. When have you contributed and had impact in a non-professional context.

ESSAY E (Optional)

Is there anything else that you think we should know as we evaluate your application?

If you believe your credentials and essays represent you fairly, you should not feel obligated to answer this question. This essay is intended to provide a place for you to add information that you think is important but is not covered elsewhere in the application. This could include clarification of your employment or academic record, choice of recommenders or helpful context for the admissions committee in reviewing your application.

Use this optional essay, or lose an opportunity to provide even more reasons for Tepper to admit you. Just don’t rehash information found elsewhere. That’s a waste of time — yours and your reader’s.

If you would like professional guidance with your CMU Tepper MBA application, please consider Accepted’s MBA essay editing and MBA admissions consulting or our CMU Tepper School Package, which include advising, editing, interview coaching, and a resume edit for the Tepper MBA 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.


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CMU Tepper MBA Student Interview

Courtney Keene

Courtney Keene at Tepper's International Day celebration

Accepted.com is continuing a 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.

Here’s a talk with Courtney Keene, a student at CMU’s Tepper and Heinz who will be working at Deloitte Consulting next year. Thank you Courtney for sharing your thoughts with us!

Accepted: First, can you tell us a little about yourself – where are you from? What and where did you study as an undergraduate and when did you graduate?

Courtney: I’m originally from Washington, D.C., but I can’t really claim it as my ‘hometown’ as I spent most of my childhood and teenage years overseas in West Africa and South East Asia due to my parents’ careers. If anywhere, I’d say my real hometown is Dakar, Senegal, where I’ve spent the most time in any single place and where my husband is from. Although I would go to D.C. and New York during summers to visit family and friends, moving to New York to attend Barnard College in 2003 was my first time actually living in the U.S. since the age of two. At Barnard, which is a small liberal arts college for women at Columbia University, I majored in Political Science and did a minor in Environmental Science. I graduated in 2007.

Accepted: Why did you decide to pursue a combined MBA/MPP? How will these degrees contribute to your career goals?

Courtney: I’m a bit of an atypical MBA candidate, although I think the path I’ve taken is becoming increasingly popular. Before coming back to school I worked in the non-profit world and focused on social innovation and international education. My overarching passion, in line with my upbringing, is the challenge of economic development in emerging markets. I decided to ‘switch sides’ so to speak to address this challenge from the private sector. I figured the best way to obtain the requisite analytical skills and experience would be to pursue an MBA while enriching my knowledge and policy skills with a Master in Public Policy and Management (MSPPM). The two programs complement each other very well and I expect the two perspectives to be useful, especially considering the growing prevalence of public and private sector collaboration in the overlapping fields of economic development and social innovation.

Accepted: Which other programs were you considering in addition to CMU? What tipped the scales to favor Tepper/Heinz?

Courtney: I applied to a short list of schools via the Consortium’s common application. My goal was to either find an MBA program that was very interdisciplinary with strong social entrepreneurship and international development programs and opportunities, or to find a university with a dual degree option with two highly ranked programs featuring these elements. Ultimately I decided on CMU’s Tepper and Heinz schools for several reasons: they are both highly ranked; Tepper has a small and quantitatively-rigorous program, which is what I was looking for; every interaction with admissions staff, students and alumni was positive; their financial aid support is outstanding; and culturally they were the best fit.

Accepted: What are some of your favorite things about living in Pittsburgh? Least favorite?

Courtney: Pittsburgh has a special energy and pride that has pleasantly surprised me since my arrival. It’s a town known for its great decline from the steel empire it once was, but it is in the process of remaking itself, which I’ve found fascinating to witness and be a part of. I’ve enjoyed learning about the economic development efforts here through my Heinz coursework as well as my volunteer internship with a local community development non-profit, GTECH. I’ve also really grown to enjoy the charm of Pittsburgh as an old post-industrial city, home of the Steelers, and a place where most people say hi on the street. Two things I won’t miss: the long waits for the bus and the unpredictable weather.

Accepted: What’s your favorite class so far?

Courtney: Last fall for my Tepper Capstone requirement I took a class called ‘Managing the Enterprises of the Future.’ The course consisted of a series of lectures by very distinguished C-Suite guest speakers and a real-life semester long consulting project with corporate clients. I had the opportunity to work with Walgreens on creating a spin-off non-profit web platform for helping corporate clients, like Walgreens, hire people with disabilities. It was an invaluable learning experience to have an actual client, a real project and an interdisciplinary team of eight to work with over a period of four months to deliver tangible results.

Accepted: Do you have a job lined up for next year? If so, what role did CMU play in helping you secure that position?

Courtney: Next fall I will start at Deloitte Consulting full-time in the Federal Practice in Washington, D.C. I had the great opportunity to intern there last summer, a position I got through CMU’s on-campus recruiting and networking. Both Tepper and Heinz were great resources in the internship search and preparation process.

Accepted: Do you have any advice for some of our applicants who will be applying to CMU’s MBA and/or MPP programs?

Courtney: I found that the application process for graduate school elicited a lot more authentic soul searching than what I remember from college application essays. This time I was sincerely asking myself ‘why do I want to do this?” and trying to answer as honestly as possible both to myself and to the schools to which I was applying. Looking back, I think this helped me a lot not only in terms of the quality of my applications, but also in the quality of my experience in both graduate programs. My words of advice: be flexible, but have some internal compass guiding your decisions.

Accepted: As someone who majored in Political Science and Environmental Studies, rather than something more “business-y” like Economics or Accounting, did you find it hard to adapt or keep up with the quant classes at first? And what about your GMAT — did you find the quant sections much more challenging than the verbal parts?

Courtney: One of the features that tipped the scales in favor of both Tepper and Heinz is their focus on quantitative analysis, a skill-set lacking from my political science liberal arts background. I found the verbal part of the GMAT pretty easy, but was intimidated by the quant section. So yes, the first semester of core classes at Tepper was pretty brutal, but it was a welcomed challenge that I sought out for myself. Fortunately, Tepper has a very supportive and collaborative culture and all of my more experienced peers were willing to help.

Accepted: What attracted you to the Consortium? How have you benefited from the program?

Courtney: I first heard about the Consortium from my aunt, who is a Consortium alumna. Once I knew about it, the value proposition was a no-brainer. It’s an organization with a mission to increase diversity in MBA programs and the business world in general, a mission that aligns well with my own values and goals. I’ve benefited from my affiliation with the Consortium in so many ways: I saved money applying to schools via the common application; I’ve saved a lot of money attending business school due to the Consortium’s financial support; I networked and interviewed with companies at the Consortium’s Orientation Program in June before even beginning my program; I bonded with a network of fellow Consortium students at school; I’ve taken advantage of the extensive alumni network; and I’ve gained on-campus leadership experience as a Tepper Consortium Liaison.

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For help with your Tepper and Consortium application, consider a Tepper School of Business Essay Package or a Consortium Essay Package.

For complete, soup-to-nuts guidance on the MBA admissions process, please purchase Linda Abraham’s new book, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools – now available in paperback and Kindle editions!




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New MBA Curriculum at Tepper School

CMU Tepper

New curriculum debuts at CMU Tepper

The business world is evolving, and in response, the Tepper School of Business at Carnegie Mellon has announced various changes to its MBA curriculum. These reforms reflect the increasing importance of integrated reasoning as evidenced by the new “integrated reasoning” section on the GMAT, as well as the earlier and earlier recruiting schedule for first-year MBAs.

The Tepper curriculum will now begin with BaseCamp, a four-week orientation program “during which students receive an integrated view of business, with an emphasis on how core disciplines and business functions work together.” Giving the students a solid introduction assists them when dealing with internship recruiters early in their first year, as does Tepper’s new class schedule. Students will focus on business fundamentals in the first year, moving on to electives and capstone courses in the second year. Tepper’s goal is to provide its students with a grasp of “key content” in time for internship interviews in December.

Another change to the curriculum will be four individual weeks, each mid-semester, which will be “designed and timed to address a specific need in the development of MBA students, such as leadership development, job searching, or experiential learning,” a.k.a “soft skills.” Plus, new students in the fall of 2012 will partake in a personalized assessment of their leadership skills. The assessment will be conducted by the school’s new co-curricular center for communication and leadership, which will help students “implement personalized plans for developing their oral and written communications and leadership skills throughout the program.”

That’s the news about CMU Tepper. Let’s put its new curriculum in context. Two trends seem to be at play as MBA curricula evolve and schools fall into two broad camps:

  1. Start by providing a solid general management curriculum followed by electives. Clearly, this is the camp that CMU Tepper is joining. A few other examples are Harvard, Stanford, Darden, and Tuck.
  2. The other camp allows for greater customization from the get-go. For example, with UCLA Anderson’s new curriculum, announced last summer, students can take the core classes when it best suits them. They are actually encouraged to dive immediately into the courses of most value to them given their internship goals. Wharton also recently introduced a similar approach. Chicago has few required courses and is very flexible in terms of when you take those required core courses.

All schools are working to improve their curricula in leadership, communications, and career management/job search skills. Changes in these areas appear to be a constant whether the curriculum goes from the general to the particular or the other way around.

Implications for Your MBA Application

Clearly, MBAs are not one-size-fits-all. And the options and choices mean you have to choose the program that fits you best. As usual, start with your goals. What do you want to get out of the MBA?

If you have a very specific career goal where you want to dive deep into a particular area of study and obtain an internship in that function/industry to facilitate a career change, then Approach #2 is probably superior. You will still get the general management education and learn about other areas of business, but you will be able to shape your studies to suit your needs. The more flexible programs will probably better prepare you for your internship, smoothing your way to an effective career change.

If, however, you come from a liberal arts background or, conversely, come from a highly technical background, and you want a strong foundation in business and general management to pursue a career in management, entrepreneurship, or strategy consulting that will complement your previous education, then a program emphasizing the connections between business functions and suffused with an integrated approach to management education is probably better for you.

As an MBA admissions consultant who has been living and breathing MBA admissions and advising applicants for 18 years, I can also think of exceptions to the general guidelines I just provided even as I type them, but two conclusions apply to all:

  1. Let your MBA goals guide you. That means you need to have them.
  2. In choosing schools, look at the curricula and understand the differences. The things they all have in common don’t really matter; it’s the differences that count.

Linda AbrahamBy Linda Abraham, 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.  

Like Linda’s perspective? You can either search the 2000+ pages of Accepted.com for more, or check out her comprehensive guide to MBA admissions in a succinct, informative 191-page book, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools, available in paperback and for Kindle. Download the free first chapter below! It’s an essential guide if you are applying to top MBA programs.




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MBA Interviews: Startling Stats

Poets and Quants published a revealing interview with Michigan Ross’s “gatekeeper,” Admissions Director Soojin Kwon Koh last week. Ms. Koh revealed in that interview a key piece of information for all Ross applicants especially but also for all MBA applicants in general: We’re “weighting the interviews …more heavily.” Ms. Koh asserts that “the interview will be a more helpful indicator [than the written application] of what will be useful for a business school experience.”

Take this as a warning, applicants. It isn’t good enough to submit strong essays revealing a pattern of success in your career and community. These will earn you an interview, but the interview is not just a conversation to weed out non-fluent, shy, or aggressive applicants: it is one of the most heavily weighted elements of the application.

Many applicants think that they interview well and do not believe that they need to conduct much interview preparation. Think again…

Just check out the statistics: BusinessWeek reports that 50% of Ross applicants were interviewed last year, but only 32% were accepted. Crunching the numbers using the total 2929 applications that Ross received shows that a full 36% of those interviewed were rejected.

And how do these numbers compare to other top programs? At MIT, 38% of those interviewed were rejected. McCombs dinged a full 51% of those interviewed. Duke decided against a whopping 53% of those it interviewed. And Carnegie Mellon rejected 62% of the students it interviewed!

Don’t make the mistake of assuming that you interview well: job interviews and admissions interviews are separate species. Take these numbers seriously and conduct a mock interview with an experienced admissions consultant who can guide you in demonstrating the interpersonal qualities that Ms. Koh and her fellow gatekeepers seek in their students.

Jennifer BloomJennifer Bloom has been conducting mock interviews with applicants since 1998 to help them prepare for this overlooked but essential element of every application.  

Consortium MBA Admissions Director Interview Available Online

http://www.accepted.com/mba/Consortium.aspx

Consortium students at CMU Tepper

Thank you for attending our recent Consortium Strategy Q&As with Travis McAllister and the reps from participating Consortium schools UT McCombs, University of Wisconsin, UC Berkeley Haas, Yale SOM, Michigan Ross, CMU Tepper, Indiana Kelley, and Rochester Simon. The school adcom representatives each talked about what’s new at their schools and how their programs view Consortium applicants.

Here’s an excerpt that covers some info on Consortium member perks:

Linda Abraham: Maria asks is, “What is the most valuable aspect of being a member of the Consortium?”

Robyn Winstanley: One of the most beneficial aspects is that it does allow you the opportunity to create a whole additional funnel of corporate sponsors and relationships that you can develop for your future career goals. So within each business school that you ultimately choose to attend, of course you can work through the Career Management Center and then networking opportunities available through the alums of that particular business schools, but being part of the Consortium will also provide you an additional set of organizations that can be very useful to you, depending on what your future career goals are….

Obviously another large benefit is financially. We certainly encourage all students who believe that they can fulfill the values and mission of the Consortium absolutely to apply, as we’ve already mentioned the ability to receive a full-tuition fellowship….So a combination of both networking opportunities and the financial advantages are the two key things that I personally would highlight.

Jim Holmen: [R]emember that the Consortium has been around nearly 45 years. So when you join any Consortium member school, you become a member of their family of alums, but you are also part of the family of the Consortium alumni from all the member schools, and that significantly increases the pool of candidates that will be a part of your network of friends and colleagues.

Linwood Harris: I wanted to add the fabulous experience that students will actually gain by attending the Orientation program….You will get an opportunity to set your future career path on fire. And it’s a great way to connect with 300-400 students who are actually in the same shoes as you are, coming into this incoming class….Many of the students who actually come to campus in the fall, by attending that orientation program, they’ve already received some interviews and some great offers for internship before they even step foot into any class because of their relationship of being involved in the Consortium.

For the entire conversation, please view the transcript or listen to the audio file on our website. (This excerpt is from the second Consortium Q&A event we held. Here’s the link to the first.) You can also read up on Consortium-related news and advice by visiting the Consortium Zone.

To automatically receive notices about these MBA admissions chats and other MBA admissions events, please subscribe to our MBA event list. To listen to the Q&A recordings on-the-go, please subscribe to the Accepted Admissions Podcast.

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The GMAT is Slipping and So are Applications

Good news for b-school applicants: There has been a decline in business school applications. While that might not mean that getting into MBA programs has gotten easier, it does mean that the median GMAT score has been lowered.

Poets and Quants (“GMAT Scores Slip At Many Top Schools”) did an analysis of the median GMAT score at the top 25 US business schools and discovered that median scores are slowly dropping. MIT Sloan, Northwestern University’s Kellogg School of Management, Carnegie-Mellon’s Tepper School, North Carolina’s Kenan-Flagler Business School, and the University of Southern California’s Marshall School all reported a 10-point drop in their median GMAT scores.

Poets and Quants analysis also reveals that a larger percentage of students were accepted to some b-schools this year than in 2010. USC’s Marshall School accepted 38% of applicants, in comparison with 22% last year, Georgetown’s McDonough School accepted 49% of its applicants, up from 42% last year, and Michigan’s Ross School accepted 32% of its applicants, up from 25% last year.

Implications for MBA applicants:

This is an excellent year to apply to business school.

While you still can’t slap together a mediocre application and expect to get accepted to a top-tier MBA program, if you know why you want an MBA and where you would like to get it, now is the time to apply. If you are competitive at your target schools, invest the time in your MBA essays, work with your recommenders, and submit for the round 2 deadlines.

You may also want to apply to an additional “reach” school or two. However, don’t get too cocky. This data does not imply that all your target programs should be “reaches” or that the GMAT no longer matters.

There is just a little less competition to enter the MBA class of 2014, especially for those not coming from super-competitive cohorts in the applicant pool.

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MBA Admissions News Roundup

  •  What to Expect from an MBA- In an outstanding post, Robert F. Bruner, the dean of the Darden School of Business, shares what he feels is at the core of an MBA degree. By bringing forth the arguments of those who critique MBAs, Bruner clarifies what an MBA is and isn’t. He explains that Darden not only teaches theories and frameworks, but also gives its students opportunities to apply those theories. Even if graduates won’t be able to tackle everything right away, B-school will prepare them to be able to take on the most difficult tasks after a few years of experience.
  • Tepper Takes New Path- The Wall Street Journal interviews Robert Dammon, recently appointed dean of the Tepper School of Business at Carnegie Mellon University, about the school’s new curriculum that begins next fall. Tepper will no longer just be known for teaching quantitative skills, but will also focus on leadership training and writing, as well as teaching finance and operations. Dammon also tells WSJ that the MBA program plans on expanding its class size by 50% in coming years.
  • A PhD Shortage Can be a Good Thing- BizEd looks at how the changing nature of faculty at business schools has affected MBA education. While the number of academically qualified faculty has increased with Ph.D. numbers doubling in the past decade, so has the number of MBA students. As a result, there are more professionals than academics in the classroom—and this is a good thing according to the article. The faculty members that are professionals rather than academics bring “creative curricula and pedagogical innovations that are more market-focused, career-oriented, technologically supported, and globally immersive.”
  • AACSB Takes on India- The Financial Times announces that The Indian School of Business is the first business school in India to be accredited by the AACSB (the Association to Advance Collegiate Schools of Business). Equis, the European equivalent of the American AACSB, has already accredited two business schools in India.
  • MBA Gets Paid $675K…To Start!- Poets and Quants looks at the average salary  of this year’s graduating MBA class. While the highest paying graduate was from Stanford Graduate School of Business and pulled in $675,000, that individual is the exception.  Private equity firms and hedge funds usually hire the highest paid graduates, but the average starting salary is closer to $150,000 for a Stanford graduate. Not too shabby.

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