Dinged By All Of Your Schools?  Here Is What To Do.

AdmissionsIt is hard not to feel the sting of rejection coming from MBA programs you failed to get into, especially when you just devoted a portion of your life going through such an arduous application process. But we are here to let you know that it is key to your long term success not to let fear of future rejection keep you from reapplying yourself. There are steps you can take to improve your chances of admission and earn the acceptance letter you deserve!

What should you do?  

 

Be honest with yourself.  

This is probably the most important and most difficult step an applicant can take to kick-start the post-ding process. You will need to look back at your application and honestly assess the strengths and weaknesses of your profile. Look at where you stand on paper (GMAT, GPA, etc.) as well as how you fare in some of the softer areas like the essay – scrutinize your whole profile. The data side is easy; you can compare average and median scores to determine your competitiveness in these areas. The “softer” areas are a bit more complicated, but assessing whether or not you answered all questions as they were posed, and to the best of your abilities, is a good place to start. The information gleaned from this self-assessment should fuel your next steps as a potential re-applicant. Evaluating yourself is quite a challenge, and sometimes it helps to have an outside perspective to address your “blind-spots.”

Ask for feedback.  

Anyone who gets rejected will inevitably ask, “What did I do wrong? What’s the one thing that kept me out?”  There are some programs that give rejected applicants specific feedback on why they didn’t get in. This can be helpful because if it’s something you can improve, then you know exactly what you need to do, if you decide to re-apply.  The old advice applies, “It doesn’t hurt to ask.”

If the programs you applied to are unable to provide you with feedback on your application, you can get a “ding analysis” from an admissions consultant.  They’ll review your application and give you their opinion on what held you back. Considering many admissions consultants are former admissions committee members this can be invaluable.  

Prepare for the Future.

Here is where you will decide whether or not you would like to apply to business school again. Creating a winning application is not easy, so making the necessary changes to a rejected application may not be seen as worth the effort for some. In the event you do decide to apply again, it is important to create an action plan. Having a plan to address the aspects of your profile that held you back this year is key.  You may need to expand the universe of schools you apply to. You may need to improve your essays. You may need to raise your GMAT score.

Allow me to share the following review posted by a client we worked with.  I hope it will give you hope.

“I had applied on my own to a couple of top MBA programs last year and was rejected without interviews. Even through I sunk many hours into my applications, within just one session, Dave was able to highlight different areas in which I could strengthen my essays, resume, and letters of recommendation. I started with Dave in April for a four-school package, and every step of the way, he was an incredible mentor and guide. Dave took the time go get to know my life story, future goals, and general life; I never felt like just another client. Dave was great about really cutting to the core of my stories and the reasons I made decisions while still focusing on the impact of those experiences. The final results blew away my best expectations – 100K scholarship from Kellogg, 60K scholarship from Booth, and full rides from both Tuck and Darden. Thank you so much to both Veritas and Dave for a fantastic experience and amazing results, and I highly, highly recommend Dave. Can’t wait to start school in Fall 2018!”

A ding is not the end of the world! Take the steps above to bounce back and earn the letter of acceptance you deserve.

Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or sign up for a free consultation to discuss whether or not you should re-apply and how we can help you get accepted to the school of your dreams.  As always, be sure to find us on Facebook, YouTube, and Twitter.

MBA Application Advice for Older Applicants

SAT/ACTFirst of all, who is considered an older applicant?

Now there is not a universal cutoff that determines what an older or younger applicant is, but rather there is more of a guideline. Generally you want to base this determination off of the average age of the student body. The average age for most of the top full time MBA programs is typically about 27 or 28 years old, but as we learned from our GMAT prep, averages don’t tell us a lot. Even looking at the middle 80% age range of full-time MBA programs, most students are between 25 and 31 years old.  

So, if you have more than 7 years of work experience, at the time of application, you will be at the upper end of the range.  In other words, if you’ll be 30 or older at the start of the program, you’ll be above average. There is no cut off, though.

Every year, full time programs admit applicants in their mid 30s, however these people are outliers, Just as a candidate with a GMAT score that falls outside of the middle 80% of a school’s range must justify how they will succeed academically, an applicant that falls outside the middle 80% in age range must justify why they want an MBA, why now, and how they’ll fit with the program both culturally and professionally.

If you are an older applicant, what can you do to maximize your chances of admission?  

 

Make it clear why you want an MBA now.

Admissions officers are going to see your age, your college graduation date and the years of work experience you bring, so there’s no sense in trying to hide or downplay this aspect of your profile.  Instead, make sure you have a clear and coherent response for why you want to get your MBA now, how it fits into your professional path, and how receiving a full-time MBA is the best possible path to achieve your goals.  Know that the admissions committee will be looking at this portion of your application with extra scrutiny. I guarantee that every 32 year old who was admitted to a top-tier, full-time program had a very clear and compelling argument for why they should be there. Nobody stumbles into a top-tier program with 10 years of work experience who simply said, “I’m looking to expand my career opportunities and improve my management skills” without providing significantly more detail.  

Demonstrate fit.  

Also, don’t forget to do thorough research on each program to which you are applying.  Talk with current students and recent alums who were a little older in their class and pick their brains on school culture, the ways they got involved, and their overall experience. Get on your target schools’ websites to find out what clubs interest you most and include these in your application essays to show the admissions committee that you’re serious about getting involved!  At Veritas Prep, we have expert consultants for older candidates and can help you refine your professional goals, why you need an MBA now, and how you will contribute to your class.

Consider applying to a part time or EMBA program.  

Many business schools, including Stanford and Wharton, offer other programs such as EMBA, part-time and executive education tracks that may be better suited to candidates who will not likely take advantage of the immersive experience of a full-time MBA.  If you have 7 or 8 or more years of work experience, be sure you are considering all of your options. Leaving your full-time job for two years is not always the wisest option for people later in their careers and will not provide the same ROI as for younger candidates.  Think through which program makes the most sense for where you are at in your life and career and what you desire out of your MBA experience. Generally the part-time and EMBA programs attract an older applicant pool given the structure and set-up of the programs. With whatever program makes the most sense for you make a strong case for how the offerings best align with your development needs.

If you need help with any of the advice above contact us, we’d be happy to help.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or sign up for a free consultation. As always, be sure to find us on Facebook, YouTube, and Twitter.

Top 5 Reasons You Should Start Your MBA Applications Early

Six WeeksAcross the board, MBA admissions officers recommend that you apply in the earliest round you can – as long as you’re submitting your best possible application. Particularly for candidates from overrepresented industries such as finance and consulting, later round applicants can be at a significant disadvantage. This means that you should begin working on your applications now, in time to submit the best application possible, as early as possible. Here are the top 5 reasons to start your MBA applications early and apply in Round 1:

1. Significant MBA school research is imperative to your success.

Schools are looking for candidates who’ve approached business school with a mature and thorough decision making process. In order to write impactful essays that also demonstrate fit, you will need to do more than check rankings and click through their website. Effective research often includes conversations with current students and recent alums, visiting campus and attending info sessions, or at least diving into comprehensive resources like the Veritas Prep Essential Guide to Top Business Schools. Lack of research leads to generic essays, which are not compelling to admissions officers.

2. Demonstrating “fit” is a more arduous process than you think. It takes time. You can recycle surprisingly little among different schools’ essay questions.

Every year, we see clients who expect that they can write essays for one application and simply strip out the name of one school and insert the name of another. This is especially tempting with the current trend in open ended questions. Rachel, a member of our Ultimate Admissions Committee and Head Consultant from Wharton, says “it’s more important than ever to consider the culture and environment of the school.” Admissions officers see thousands of essays every year, and they can spot a repurposed essay from a mile away. Applying to multiple schools takes time!

3. You won’t just identify and explain your weaknesses – you will work to improve them.

One of the first steps in working on your applications is evaluating every element of your profile. Are there any weak areas? Red flags? Leadership? Low GMAT score? Low undergraduate GPA? If you identify any areas which may be less than solid, when you start early, you can take steps to improve your weaknesses, rather than finding yourself in the unenviable position of trying to explain them in an optional essay. This might include tackling a new project with your volunteer organization, taking a calculus course from your local community college, or retaking the GMAT with the proper strategy to raise your score. There are numerous strategies to improve your application profile, and if you start on your applications now, you have time to implement them!

4. You will increase your chances of receiving financial aid awards and scholarships.

It is well known that schools operate with a limited budget – this means that there is more money to go around for financial aid, scholarships and awards, towards the beginning of the admissions season than there is towards the end. Why not allow yourself the highest possibility of receiving a financial reward?

5. It will allow you to avoid late application pitfalls.

In an exclusive Veritas Prep survey, we asked the top 30 MBA admissions officers to name the most common mistakes they see in MBA applications. Their #1 response: careless errors. Admissions officers view your application as a reflection of your commitment, so careless errors can doom your chances for admissions. However, let’s face it, most of us love to procrastinate! About 80% of MBA applications are submitted within three days of each deadline, most within 24 hours. These rushed, last-minute applications are often rife with careless errors – a missing comma here, an incorrect spelling of “they’re” there. By starting the process early, you and your Veritas Prep Head Consultant can craft your Personalized MBA Game Plan™, providing structure to the application process and ensuring there is plenty of time to catch careless mistakes and add the perfect polish before you hit “Submit.”

What you should be doing now?

Even before the schools release their updated essay prompts, you can work to significantly improve your applications by working with an expert MBA consultant to:

  • Identify the ideal programs for your personal and professional goals, even some you may not be currently considering.
  • Thoroughly research your target schools beyond rankings and school websites.
  • Discuss how to maximize the value of your campus visits, information sessions, and conversations with students and alumni.
  • Prepare your recommenders to write stellar letters on your behalf.
  • Craft your resume to emphasize accomplishments that will resonate with the admissions committee.

Secure your ideal MBA consultant now.

With the lowest client-to consultant ratio in the industry, Veritas Prep ensures your consultant is solely focused on your success. However, this also means that many of our consultants can get booked up early. We will ensure you work with a consultant who best fits with your personal and professional background, career goals, target schools, and working style so they can clearly understand your story and know how to best portray it to the admissions committee. As a First Mover, you’ll work with the ideal consultant for your needs so that your applications truly shine.

If you need help with any of the advice above contact us, we’d be happy to help.


Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or sign up for a free consultation. As always, be sure to find us on FacebookYouTube, and Twitter.

When Should You Hire an MBA Admissions Consultant?

MBA AdmissionsApplying for a graduate degree in business, better known as an MBA, is arguably one of the more involved processes of any of the prestigious graduate tracks (law, medical, etc.). With such a complex undertaking and ever-increasing competition from all corners of the globe, admission into business school has become more challenging than ever. That is why so many applicants hire admissions consultants – to help them develop the most comprehensive, thoughtful, and strategic applications possible.

When hiring an admissions consultant, timing is everything! The earliest I would probably recommend hiring an admissions consultant would be April. The average applicant will probably hire a consultant between June and July.

If you’re really trying to make life tough on yourself (and your admissions consultant) you will hire one a month before your application deadline. The longer lead times above allow you to make the process less transactional, which is what can sometimes happen if you hire a consultant at the last minute. A longer lead time not only allows you to have more time to prepare your application, but it also helps you build a relationship with your consultant. When a consultant understands your background and the intricacies of your profile, it can increase the odds your partnership will be fruitful.

It is also important to get things done early because the more iterations you have, the higher the caliber of your application materials and the greater your chances of being accepted. As far as your specific application timeline, it should vary based on whether you are doing five long, complicated applications or just one application. These are instances where the recommendations outlined above are more fluid.

Another aspect of choosing a consultant that few factor in is the availability of the consultant’s time (and also your time). If you are a traveling management consultant or investment banker, who can barely squeeze an hour into the day to do anything, you’re going to want to start really early. This will allow you to slow-roll things based on your limited time to engage with your consultant, and make material progress on your application in any one week.

Overall, the key here is to really understand your needs when choosing a consultant. Thinking through the amount of applications you will be tackling, the support you’ll need, and your own availability will allow you to begin working with your consultant at the right time.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on FacebookYouTubeGoogle+ and Twitter.

Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You can read more articles by him here.

How Veritas Prep Started in Admissions Consulting

We’ve been helping business school applicants for a long time now, so long that it’s easy to forget that we didn’t start out in that business. After Veritas Prep co-founders Markus Moberg and Chad Troutwine launched our GMAT prep service in 2002, it quickly became apparent that our students not only needed GMAT help, but they also needed help in pulling together their entire business school applications. How did we know? Because they came back to us time and time again, asking us to help them with their applications just as we helped them with their GMAT prep.

While we were flattered, we didn’t immediately dive into MBA admissions consulting. We were only going to do it if we could do what we did in GMAT preparation — do it better than anyone else. After talking to many respected experts and learning what was out there, we realized how we could do it better, and in 2003 Veritas Prep’s admissions consulting arm was born!


(You can go to YouTube and watch the video in a larger size.)

We have built the industry’s largest team of admissions experts, consisting of graduates and former admissions representatives from all of the world’s top MBA programs. When you work with Veritas Prep, you will not only get assistance from a Head Consultant who has worked as an admissions representative — as an admissions officer, application reader, or interviewer — but you will also work with a graduate from each of your target schools, to get true “insider” information about the culture and workings of each program.

Visit our site to find out more about our MBA admissions consulting services!

Applying to B-School in a Few Years? Maximize Your Candidacy Today.

A significant portion of my MBA admissions consulting applicants come to be with little to no extracurricular experience since their undergraduate days. While this is a problem that can be addressed, it can show a lack of proper planning over the long term. A lot of applicants don