The International Learning Opportunities Available to You in Business School

Passport Number 2Business schools have placed an increasing emphasis on global training to prepare students for the international nature of business today. To do this, schools have implemented a diverse set of programs aimed at the global business landscape. Let’s explore a few different program options currently available for students interested in cultivating a deeper understanding of international business:

Study Abroad
One of the best ways to immerse oneself in an international market is to study abroad. Taking part in a study abroad program will not only allow you spend some time in an international market to better understand its customs and business culture, but it will also allow you to study business more in a more formal setting. In addition, the networking opportunities available via study abroad programs can help students cultivate a strong international network of like-minded business professionals.

International Immersion Programs
The second-best option to studying abroad is engaging in an international-themed business immersion, such as a global lab program. These programs offer tailored training on specific topical areas, and often in collaboration with a specific business in-country. They also often include an in-country component where students actually spend time in the country they are studying solving a specific business problem or learning more about the region through company visits, alumni chats, and government briefings.

Language Study
Another great way to prepare for a career in international business is to learn or refine your skills in a foreign language. Many programs now offer training in a foreign language, either through a sponsoring undergrad program or an external company like Berlitz. For students interested in studying abroad, language study can be a natural precursor to this. For many international, post-MBA roles, a competency in a foreign language can be a requirement, so spending time developing this skill can be very advantageous for the recruiting process.

International Classes
In recent years, business schools have done a great job increasing the amount of coursework they offer (and sometimes even require) around international business. These classes can provide some nice academic training and knowledge in key functional areas like international marketing, international finance, and global markets. Taking international courses during your time at business school can help prepare you for a career working abroad or in international-themed roles at a global company.

Business schools offer a wealth of international learning opportunities – make the most of your two years pursuing your MBA by preparing for a changing global marketplace.

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.

A Snapshot of the U.S. Academic Visa Process

ChecklistFor many international students, the hardest part of pursuing a graduate education in business in the United States is not just gaining admission to an MBA program, but also ensuring, from a legal perspective, they have the right to study in the U.S.  Keep in mind, the following information is focused primarily on the U.S. academic visa process – if you are pursuing your MBA in a different country, such as France or the United Kingdom, please review those country-specific rules and regulations.

Now that we have those particulars out of the way, following your admission to business school, you should immediately begin the visa process to ensure a smooth transition once it is time to begin your MBA studies.

The United States student visa is called the F-1. Once you have secured, and formally accepted, an admissions offer from the business school you will be matriculating to, your MBA program should send you an I-20 form that is required for your academic visa (F-1) submission. After completing this form, you will need to submit it along with the necessary supplementary documents (including a valid passport and photograph), pay a monetary fee, and complete an in-person interview at a U.S. Embassy.

If you have a spouse, your student visa will provide clearance for them to stay in the U.S. while you are a student as well, however, they will still need to go through the F-2 visa process, which establishes kinship of the spouse to the matriculating student. Keep in mind, the accompanying spouse will not be allowed to work or become a full-time student with this visa, but can still pursue part-time coursework (as long as it does not exceed 12 hours per week).

One of the more challenging aspects of the F-1 are its work restrictions – the student visa does allow students to work up to 20 hours per week and up to 40 hours per week during vacations (like during summer internships) but approvals or sponsorships from an employer will be needed in order to work outside of that.

This knowledge is especially relevant for an applicant’s post-MBA work goals – after completing an MBA under the student visa, students must leave the country within 60 days. At this point, a recently-graduated student who is interested in remaining in the United States must secure sponsorship from an employer via the H-1B Visa.

Don’t misstep as you transition to attending business school in the U.S. – get your student visa process started early and make the most of your time before matriculation.

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 Facebook, YouTube, Google+ 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.

5 Factors to Consider When Choosing a Business School for Its Maximum Global Impact

Europeean MBA ProgramsAs the world has become increasingly global and interconnected, the business world has followed the same trend. As such, the ability to be a global thinker has been ingrained in many business school curriculums, both domestically and internationally. For some, this educational dalliance with a global curriculum at many MBA programs is insufficient and does not effectively prepare students to lead in an international setting.

Choosing an MBA program for a global impact is extremely important for students looking to live or work internationally. Also, globally-minded programs tend to attract more students who are interested in working at multi-national corporations that may be headquartered outside of the U.S. For international students, attending programs with a high percentage of other international students eases the transition to a new country and provides a more comfortable experience during the 2-year business school journey. Let us discuss some other things to consider as you explore what constitutes the right globally-minded MBA program for you:

1) Location
The location of your future business school is one of the biggest factors to consider when determining your fit with a specific program. Now, when thinking about programs that can deliver a global impact, usually the closer you are to your target region of post-MBA work, the better off you are – if you are interested in working in Europe, for example, then a European MBA program like INSEAD may make more sense for you than an MBA program in the United States.

2) Reputation
Even an MBA program that is not based in your region of interest can provide great post-MBA career opportunities if its name carries the right reputation. Globally-reputed programs resonate anywhere in the world, which can allow students a great education with career opportunities in other international areas.

3) Curriculum
If you are interested in how global an MBA program is, make sure to review the academic offerings of your target schools, paying close attention to how they weave global learning into their course requirements. The best global programs will offer relevant international coursework, treks, and experiential learning opportunities to provide practical and academic experiences for interested students. Some programs, like the Kellogg School of Management at Northwestern University, even have international education requirements that mandate students to study abroad, take internationally-focused coursework, or engage in some other global experiential learning opportunities.

4) Alumni
Prominent alumni or a high number of alumni in a region from your target school can be another great indicator of fit. A strong, connected alumni network can often help you secure short-term or long-term employment in a desired nation of your choice or multi-national company.

5) Current Students
For applicants interested in global exposure, the amount of international students currently in the MBA programs they are interested in can be a strong indicator that they may click with that program. Having an internationally diverse student body provides tremendous networking opportunities for students interested in learning more about global career opportunities as well as the cultures in specific regions around the world.

Follow the tips above to inform your decision making when choosing the right globally-minded MBA program for your unique needs.

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 Facebook, YouTube, Google+ 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.

3 Points International Candidates Need to Highlight in Their MBA Applications

PassportInternational MBA applicants to top programs frequently ask how much they should focus on their home countries in their applications, versus demonstrating their similarities to the typically-admitted domestic student. This is a good question, as balancing between fitting in with one’s target MBA program and standing out by bringing something unique to one’s application is a line that all candidates tread carefully.

An international applicant will usually have more materials to consider adding to their application, given the experience of growing up, studying, and working in another country. Even for second-generation immigrants, the wealth of influences and heritage from another culture could be a rich source of essay topics and passing references to consider. Used correctly, they add character and breadth, enhancing the readability of an application, which can help a candidate stand out from a competitive pool of other accomplished applicants from the same industry and country.

If you are applying to business school as an international applicant, take a look at these three factors you should focus on in your application:

1) Uniqueness
MBA essays are best used to tell a unique personal story that allows readers to understand the candidate’s motivation and goals. As an international candidate, you can use your country’s economic, cultural, or even political situations as an interesting and complementary backdrop to further stand out.

Let’s look at some examples of how this can be done:

  • An applicant managing a business from a growing consumer market could be played up to show the candidate’s potential to be a bridge for companies seeking to enter the lucrative market. This would flow nicely into the applicant’s post-MBA goal of leading a global company’s international unit.
  • An applicant who navigated and hurdled a developing country’s political and regulatory challenges to successfully lead a large-scale project of a foreign entity could use this experience to demonstrate his or her maturity and leadership qualities.
  • Candidates from a country encountering great difficulties could position themselves as people who are in a unique position to give back to their country of origin post-MBA, while also helping open the eyes of the student community to global issues.

These experiences show the potential of candidates to serve as a resource for interesting classroom discussions, enriching the experiences of classmates, while also serving as a future bridge to alumni with interest in their respective countries.

Likewise, a sentence or two identifying strong core values and influences that defined a family’s history and how it inspires the applicant serve she dual purpose of showing a personal side to leave a vivid impression with the Admissions Committee, and demonstrating the candidate’s underlying motivation and personal traits. Executing this precisely will result in a profile that comes across genuinely and stands out from the pack.

Applying the right dose of details and balance between personal sentiments and professional rationality on these topics is key in ensuring your essays stay unique and on track.

2) International Exposure
For international candidates who spent most of their lives in their home countries, it is particularly helpful to mention experiences with exchange programs, international assignments, travels abroad, or at the minimum, working with cross-cultural teams. These do not necessarily have to take up major space – sprinkling in tidbits at appropriate instances will still make for an interesting and engaging read. It also helps demonstrate an international mindset, adaptability, and intellectual curiosity.

Instances of initiating projects and leading teams with international components are also valuable, as these will help show the ability to actively contribute to classroom discussions and group project dynamics. Showcasing your teamwork skills via an international setting in this way will assure the Admissions Committee that you will be able to adjust to life on campus, benefit from their program, and contribute to the experiences of your MBA peers.

3) Confidence!
The content and tone of your overall application should be confident that you are an excellent fit for the program, able to keep pace with the academics and classroom rigors the school requires, and maximize your overall experience. Coming from an environment, school, or firm that is different from the usual sources of MBA candidates, you must ensure that confidence in your intellectual horsepower and personal traits comes through, especially in your essays. Standardized measures, such as a great GMAT score, will also help address this.

Crafting such an application requires honest reflection and self-awareness – most applicants find themselves more focused and motivated after investing the time and effort to do so, thus making the whole exercise a valuable experience, so be sure you take ample time to reflect before beginning your writing process.

Creating a personal story while highlighting your successes handling complex projects or academic accomplishments, and combining this with a post-MBA goal that is both compelling and realistic are the usual ingredients for a strong application, and adding the right international flavor to this recipe will help your candidacy shine even more. Finding the right flow between answering the specific questions directly and adding international elements may be challenging, but successfully pulling it off  will result in a very personal and powerful application package.

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 Facebook, YouTube, Google+ and Twitter.

Written by Edison Cu, a Veritas Prep Head Consultant for INSEAD.

Financial Times Ranks INSEAD as the #1 MBA Program in the World

INSEADThe Financial Times recently released their Global MBA Rankings for 2016, and this year, INSEAD topped the list. This is the first time a “one-year MBA program” has ranked #1 in the Financial Times‘ rankings.

With this honor, INSEAD also becomes only the fifth school to ever assume the top spot in the Financial Times‘ 18-year history of publishing their rankings – the only schools to reach #1 thus far have been Harvard Business School, the Stanford Graduate School of Business, London Business School, and the Wharton School of Business, all of which occupy the rest of the top five slots for this year’s rankings.

INSEAD prides itself on being the “business school of the world,” and boasts of an international faculty and student body of over 80 different nationalities that enriches classroom discussions and creates life changing experiences for its students through its cultural diversity and views. INSEAD’s campuses in France and Singapore further add to the student experience with opportunities to travel across Europe and Asia with fellow MBA participants during the program.

In his letter to INSEAD alumni, Dean Ilian Mihov attributes the school’s #1 ranking to what INSEAD values: “diversity, academic excellence, entrepreneurial culture and extensive global alumni network.” The school’s international faculty also works together to continuously improve its curriculum and deliver exceptional educational experiences to all its students in Europe, Asia, and the Middle East. Mihov also shared that this marked a “triple first” for INSEAD, becoming the first and only school to have all three of its MBA programs ranked #1 by the FT in their respective categories: INSEAD MBA ranked #1 for MBA programs, the Tsinghua INSEAD EMBA ranked #1 for EMBA programs, and the INSEAD Global EMBA was honored as the highest ranked single school program.

In a separate letter, the INSEAD MBA Admissions team shared the profile of its latest intake of 514 students, with 75 nationalities represented – 30% of them women – including students from Indian, American, Chinese, French, British, and Canadian nationalities. The average age of INSEAD’s incoming class is 29 and its average GMAT score is 702.

INSEAD has also continued its “Conditional Acceptance Offer” of offering a place to candidates who have the potential and quality to be admitted, but need one more year of professional experience. Introduced in 2014, the school has found this offer to be a good way to retain young, bright candidates for future MBA classes. 15 students received such an offer for their latest intake.

Surely this remarkable achievement will be something to consider when determining whether INSEAD is the right business school for you.

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 Facebook, YouTube, Google+ and Twitter.

Written by Edison Cu, a Veritas Prep Head Consultant for INSEAD.

More Americans Target European MBA Programs

Given the turmoil on Wall Street and the overall soft job market in the U.S., it’s not surprising that many international applicants have decided not to come to the U.S. to pursue an MBA this year. Even more interesting, however, is that apparently many Americans also also now considering earning their MBAs abroad.

An article in last week’s Wall Street Journal describes the trend of more and more Americans deciding to go abroad for their MBA programs. Not only do schools such as INSEAD and IMD provide Americans with an opportunity to broaden their international exposure, but they also offer a nice sort of career diversification in that they tend to attract a more diverse array of corporate recruiters than do American business schools.

According to the article, at some top European schools, only about 20% of the graduating class lands in finance, compared with up to 60% at some U.S. schools. While this has traditionally been a weakness for European schools in attracting top talent that wants to pursue high-paying jobs, in today’s climate it’s one reason why more American than ever have sought out these programs.

Another advantage that many European schools offer is that their programs are shorter than most American schools’ programs, which, among other things, means that they can be significantly less expensive. While we tend to discourage applicants from choosing based on costs alone, this often significant difference can be hard for someone to ignore when they’re still paying off old student loans and are about to leave their job to take on even more debt.

The European programs aren’t content to just let Americans beat a path to their doors — they’ve made a point of aggressively reaching out to U.S. students in order to capitalize on this trend. As a result of the macro trend and these recruiting efforts, schools such as Oxford’s Sa

What Counts as Significant International Work Experience?

For international experience to be significant it has to be something that you can write about at length and appropriately in a b-school essay.

  1. Can you articulate how you lead a team in a multi-national or cross border environment? This is what the adcom would want to see if you were writing an essay. A lot of applicants have worked occasionally overseas. More important is what you learned, how it changed your perspective, how you overcame an obstacle and how you produced a positive team outcome.
  2. That is, what you got out of it and what you can put down on paper is what will set your experience apart from other applicants. That is where I consider the line drawn with respect to whether or not an experience is significant.
  3. With respect to any extracurricular international experience (start-up, professional volunteerism, etc.), if you can write about it effectively as part of your positioning then it