Backup Plans, Research and Professional Support

I will wrap up this series with a few additional points.

Creating a backup plan

Think you’re done with MBA goals? Think again… In the current global economic volatility, having a backup plan for your immediate post-MBA goal can be not only good planning for you, but also enhance your goal essay’s credibility. It’s particularly important if you’re targeting a difficult-to-enter industry (remember that VC-dreamer in the first post?) or changing careers. In fact, adcoms have specifically said that they welcome this recognition of reality; it gives them more confidence that you can get employed.

The challenge, however, is to discuss a backup plan without using a lot of precious space and without sounding undirected. In the goals essay, focus mostly on your main short-term goal. Then add one to three sentences about a reasonable alternative that you’d also consider, explaining how it also would be a good step toward your further goals. Example: an applicant is targeting an IT manager role post-MBA with the long-term goal of CIO; a backup plan could be a tech strategy consulting post-MBA job.

Preliminary research

I’m always surprised at how few people do actual, real-life research on their goals before writing essays. Digging around on the web for a couple of hours or talking to people in careers related to your goals can yield rich detail for your essays. Moreover, mentioning this research in your essays enhances the sense of commitment to your chosen path. I suggest reading up on the industry and its current and future challenges, and conducting informational interviews regarding the industry or business function.

Taking this step will enable you to write sharply and engagingly about your goals. It enhances the interest factor of the essay. Also, it will prevent big mistakes like those of that Wharton reapplicant in the first post in this series. By presenting selected tidbits of your research in your essay you’ll show you’re resourceful and committed, and equally important you’ll show you have something to say, i.e., contribute.

Do you need help identifying, defining, and writing about your goals? Work one-on-one with an expert admissions advisor who will help you clarify your goals and present them to the adcom so you get ACCEPTED. Learn more about MBA Admissions Services here.

“Backup Plans, Research and Professional Support” is excerpted from the Accepted guide, Why MBA? Click here to download the complete guide.

Cindy Tokumitsu has advised hundreds of successful applicants, helping them gain acceptance to top MBA and EMBA programs in her 20 years with Accepted. She would love to help you too. Want Cindy to help you get Accepted? Click here to get in touch!