One of the most important portions of a business school interview (or any interview really) is the time they give you, usually at the end, to ask any questions you may have. Of course you should be prepared by then with thoughtful queries about the program, including specifics on specialty academic areas of interest (think: healthcare or energy tracks, etc.), activities and clubs, ratings, rankings, professors, etc., but in order to differentiate yourself and avoid asking the same exact questions everyone else does, it makes sense to tilt these questions towards your personal needs.
Archive : Business SchoolRSS feed
As we are putting final touches on R3 applications, it is already time to start thinking about the next application cycle for many of you. This is especially true if you want to apply in R1. Deadlines that seem distant always have a way to sneak up on those who are unprepared. To help you in the planning process, we thought it would be useful to outline what a well thought-out timeline for a successful business school application might look like. This is written for the average applicant; some might be able to pull it off in a much shorter period (not recommended), others, such as non-traditional applicants, might need a lot more time.
Management consulting is one of the most popular career tracks for enterprising MBA students. In fact at some top feeder schools, this career track can represent upwards of 40% of accepted job offers. Consulting recruiting in business school is one of the most competitive and hotly contested industries for summer internships. Firms tend to only test drive a fraction of their full time hires during summer internship programs, so limited spots exist for 1st year students.
You’ve survived the 1st year of business school – congrats! Memories of those challenging core classes, long nights preparing for case interviews and student led conference feel distant in your mind. You didn’t think you would make it through that summer internship from hell but you managed and now return to campus with an offer in hand and your entire 2nd year in front of you.
You survived the perilous and anxiety ridden seven-month journey that is internship recruiting. After enjoying a few months of post-recruiting relaxation it’s time to wrap up your 1st year of business school and start your internship. Many students think once they receive their summer internship offer the hard part is over. That could not be further from the truth. Securing a full time job offer after your summer internship can be just as difficult as it was to initially get your internship offer.
Finding out you got rejected from your dream school often raises interesting questions. Should you settle for your second or third choice, or should you hold fast to your MBA dream and re-apply to the same school(s) again next season? High achievers often try to go for their target school again. Recognizing you are likely more knowledgeable about the process by now, there are still a few things you should know before diving in with a reapplication.
Leadership skills are one of the top skills students hope to develop while in business school. However, what few students consider is how they will develop these very important skills. Contrary to popular belief, you don’t just gain leadership skills by showing up to campus on your first day of business school. Focusing on a few key areas during your business school experience will allow you to reach your goals as a future business leader.
Teamwork skills are a crucial element of conducting modern business today, and business schools are increasingly placing a major emphasis on identifying applicants with these skills. Although this skill can be an area of development for an applicant prior to starting business school, it is important to highlight past examples of teamwork in order to stand out from the masses.
A key reason why many applicants decide to pursue an MBA is the tremendous network available from some of the world’s top programs. Networking opportunities that exist with current students, and in particular the thousands of alums working at top companies around the world, represent a strong incentive for many to pursue an MBA. Once on campus, it can often take a little bit of legwork to put your alumni network to work for you.
MBA programs are often seen as a place where the world’s top young business professionals go to finish their academic training in subjects like finance, marketing, and operations. However, business school is not only for the young; many more seasoned students can extract a tremendous amount of value from the experience. The approach for every applicant should be unique, but this is even more so the case for older applicants.
Choosing which type of MBA program to apply to is a big decision. There are a variety of options available for candidates who are interested in pursuing a graduate education in business. One common set of choices comes down to pursuing a full-time MBA vs. an Executive MBA. Both programs offer different things and cater to different audiences so it is important to enter this decision with all of the information.
Of all the power grad degrees (law school, medical school, etc.) business school tends to put the biggest focus on analytical skills. These skills tend to be focused on numbers, and in particular the ability to manipulate and make numbers tell a story. The MBA has historically been known to place a high percentage of graduates in analytical careers like finance and consulting, operating as a feeder system for these industries.
Most MBA programs offer multiple options for business students to pursue a graduate education in business. For many people, the full-time, all-encompassing two-year commitment does not fit into current personal and professional realities. If you are interested in pursuing an MBA, one of the most efficient ways to balance out your professional career goals with the realities of life can be to pursue admission at a part-time program.
The most common apprehension many candidates have during the application process concerns the GMAT. For many applicants the GMAT can be a serious roadblock to reaching their dreams of admission to their target programs. It can be downright confusing to determine if you can stop taking the GMAT and move on to other equally important aspects of the application process. Of course the highest score possible is what most candidates strive for but with considerations like time and resources, decisions have to be made. Now there is no real science behind determining if your GMAT is high enough but there are a few considerations when making the final decision.
Congratulations! You have received an interview invitation at the school of your dreams. You’ve conducted tons of research to prepare yourself for the big day. You know the ins and outs of the school’s academic programs, have a good handle of the recruiting advantages, and even have a comprehensive list of the top extra-curricular activities you’d like to lead. Interview day comes and you’ve breezed through all of the questions…except one, “What questions do you have?” The complexity of this very simple question is a common source of anxiety for many applicants.
There are plenty of applicants who either had to put off applying to b-school because they were too busy, or perhaps didn’t decide to apply until later in the season, but with only one more round left in this year’s application season, you simply can’t decide whether you should apply now or wait until the fall.
So you’ve narrowed down your list of target schools and now it’s time to get real. You’ve made the decision to apply to the school of your dreams but you’re worried that your low GPA may prevent you from real consideration. Many candidates feel as though there is nothing they can do about their GPA since they have already graduated from college. They believe that their dream school will remain just that, a dream.
Most MBA programs have three rounds for candidates to apply for a reason. Admissions teams take round 3 very seriously and admit candidates from this pool every year. Let’s start by understanding how admissions committees utilize round 3. Admissions teams primarily use this round to balance out their class to create the right mix for the entering crop of students. Candidates from underrepresented groups in particular can help fill holes within admitted class pools for schools. Keep in mind by this point admissions has a very solid wait list with a lot of top admits already locked in so the onus is on the candidate to make a compelling case for admission.
You’ve invested months of prep and countless hours of hard work into your business school applications. You’re optimistic, but when the decision comes in you are left wondering why you have you been denied from your dream school. So why were you dinged after all of your hard work? Here are five reasons that may shed some light on why you did not make the cut.
The most challenging part of the Booth application for many is simply getting started. Should you write an essay? Or should you build a PowerPoint presentation? If you write an essay, what do you write about? How long should it be? If you build a presentation, where do you even begin?
First it was the GMAT, then it was the essays and finally the interviews and after months and months of hard work you’ve received admission to the school of your dreams. Now what do you do? I’m sure you thought the hard part was done, but not so fast, there are a few things you should do once school decisions start flowing in.
Round 2 deadlines are closing in and you do not feel ready. Your GMAT score may not be where you had hoped. Your essays feel rushed and not like an accurate representation of your story. But what do you do? Of course you want to apply by round 2 like the majority of MBA applicants, but you know doing so will put you at a disadvantage. The consensus is that the prime application periods are round 1 and round 2. You have had it in your head that you were applying this year though. So what do you do? Should you really consider applying in round 3?
I’m biased, but the Booth application is my favorite out of all of them. I love the question – it’s simple, but not easy, and it forces applicants to do something that all of us should at some point in our lives: introspect. The possibilities are endless. The question not only challenges each applicant, but provides them with a great opportunity to stand out if answered well.
The first year in business school is an often overwhelming time for most students There is so much that is new about this setting from what most admits have ever experienced. The biggest challenge most students suffer from is FOMO. What is FOMO you ask? It stands for Fear Of Missing Out and when you consider all of the social, academic, professional, and cultural options students are tempted with during year one of business school the phrase makes a lot of sense.
Location, location, location! We’re not talking about beachfront property here. We are talking about the location of your target business school and why it should matter to you. What may seem as an innocuous aspect of a school to some, location can play a pretty big part in a candidate’s overall experience in business school and the perception of value of their MBA afterwards.
Many students enter business school with plans to make major career transitions post-MBA. Traditional recruiting can do a lot to help students career switch into target industries, but many recruiters remain focused on specific functional experience. For students that are making bigger career changes, creating an alternative resume is a great option to increase your competiveness in tough industries.
An MBA can open tons of doors for students who are looking to break into careers they never thought possible. The opportunities, the networking, and the access can offer unparalleled career choices to budding MBAs in some of the most exclusive industries in the world. Many applicants struggle to find the balance in deciding which careers they think they should list in their application as opposed to those they truly wish to pursue.
You’ve taken the GMAT, polished up your essays, and secured that final recommendation and finally submitted what you thought was the perfect application. Unfortunately when decision day came around you did not receive that highly coveted “ADMITTED” message or even the dreaded “DENIED” message. So did the admissions team forget to give you a decision? No, you are in the b-school applicant’s version of purgatory, you’ve been WAITLISTED.
The Kellogg School of Management at Northwestern University is one of the top graduate business programs in the world. The school’s reputation for team-based learning and development of graduates with strong interpersonal skills has kept Kellogg at the top of various business school rankings over the last few decades. With a track-record of delivering a high volume of candidates to dream MBA careers in management consulting and marketing, Kellogg year in and year out is one of the most popular business schools for applicants.
An often overlooked area of the application package is the recommendation letter. Many applicants take this very important component for granted when allocating time spent on their application. The recommendation process in its most optimal scenario should start months if not years in advance of an eventual submission. This is true because the quality of your recommendation like your resume is not earned during the time it takes to type it up but instead in the months and years you spend cultivating the experiences within the document.
The Kellogg School of Management has always been known to be as innovative in the design of their unique academic community as they have been in the construction of their application. This year is no different as the school returns for the 2014-2015 application season with a stark departure from last year’s set of essays. Kellogg’s change has resulted in the school having some of the most introspective essay topics amongst top business schools. A school like Kellogg that has such a clear sense of the type of candidates they are looking for is looking for candidates to really open up in these essays.
For many applicants the notification of an interview invite from your dream school is an exciting next step after an arduous application process. All of your hard work has finally boiled down to some initial success. However, typically the excitement soon turns to anxiety as candidates begin to realize they have no idea how to prepare for an admissions interview for business school. “Is it just like a regular job interview?” “What type of questions do they ask?” are just some of the common initial questions that can arise once an interview invitation is received.
This essay is about how to make your essays for admission to graduate school in business more interesting. Oh wait, that opener didn’t catch your attention? Well that is exactly what admissions officers think when they read the majority of business school essays.
Admissions officers read thousands and thousands of essays a year and for lack of a better term the majority are boring. Now the term boring in a vacuum may not be perceived as necessarily a bad thing, when considering these essays are in fact for professional school, but the similar feel of most essays can clump most candidates together. With so much competition at top schools around the world it is important for candidates to utilize their essays to stand out from the pack.
A lot of time and effort for candidates is spent on areas like the GMAT, essays, and the resume. However, an equally important component of the MBA application is consistently overlooked. Business school recommendations are an integral part of any successful candidate’s application because they give the only external evaluation of an applicant’s work experience and career progression. This component of the application tends not to get as much focus from prospective MBAs, which can be a grave mistake come decision day. As applications become more detailed and specific, so do recommendation forms so the days of blanket recommendations are long gone.
There was an article in the Wall Street Journal recently about how the GMAT is slowly but authoritatively being dominated by international applicants. Not only is there an increasing number of international hopefuls taking the test, they are also performing remarkably better than US test-takers. The numbers are staggering. Test takers from America, in fact, now only make up about 36% of all GMAT hopefuls, which is down considerably over the past several years. As a comparison, Asia-Pacific students now make up 44% of total test takers.
You’ve talked to friends, family, and colleagues and made the big decision that you want an MBA. Now, the hard part is determining where you should apply. Some candidates already have their dream school in mind when they begin the application journey and others simply copy and past a list of the top 10 programs. However the majority of applicants have no clue how to get started when it comes to deciding where to apply. Since b-school is one of the biggest decisions you will make in your life, the target school selection process should be treated with a similar level of importance.
Leadership is the most valued of MBA interpersonal skills. Sure teamwork, maturity and the million other skills admissions committees are looking for you to showcase are all important, but nothing signals MBA like those vaunted leadership skills. Everybody wants to highlight those pesky leadership skills, but does everybody have the ammunition to pull this off? The quick answer is, YES! Whether you know it or not every candidate from the most qualified to the least qualified usually has some leadership examples that can be crafted into a compelling essay.
For a good number of years, Calculus was a prerequisite to joining any decent MBA program. There were several good reasons for this, including the fact that rate of change (computed using Calculus from the first derivative of an equation), is a very useful concept and commonly seen not only in finance coursework, but also in other classes where time is a factor (arguably almost any business concept has some component of time). But over the years, we have seen an increasing number of schools drop Calculus from the required list (cue the cheering crowd of poets!).