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.

Applying to Business School: Tips for Older MBA Applicants

MBA EssaysWhile researching potential MBA programs, many applicants find themselves older than the typical student at their target school. Thus, they ask themselves whether they should still bother to apply, and how they should distinguish themselves from younger business school applicants

As with any MBA candidate, statistics such as GPA and GMAT score do matter, however the emphasis on these quantitative aspects of the application is somewhat shifted for older candidates to the factors discussed below. Although these are important factors for candidates of any age to keep in mind, they are more critical for older ones to use to their advantage:

Display Greater Focus
If you are an older MBA applicant, the Admissions Committee will expect you to be more mature. As such, you should show greater self-awareness and display more specific direction than younger applicants do. Clearly identify why you need an MBA, what you want to pursue post-MBA, and how the specific program you are applying to will help you achieve those goals. These goals could include personal development, knowledge gaps that you need to fill, and courses you are looking forward to take.

Discussing your future goals in a focused way is especially important if you are applying to one-year programs, as you will not have as much time during these programs to feel your way around or explore. You will want to present to the Admissions Committee that you know what you need, and that you know how you will use what their program offers.

Leverage Wealth of Interesting Experiences
As an older candidate, you will likely have gone through more experiences at work, in life, and in the community. Interesting experiences could range from exciting strategic shifts to crisis management. Using the knowledge you have gained from these episodes and their aftermath as fodder for your essays not only allows you to highlight your personal qualities and how you have developed, but also to show what you can contribute to classroom discussions.

MBA programs consider the diversity of experiences, perspectives, and networks their students bring to campus to be assets. With more professional and life experiences under your belt, use these to differentiate and strengthen yourself from other, less-experienced candidates.

Play Up Leadership Abilities & Expertise
At this point, it will also help to showcase how you have been able to lead teams, accomplish goals, or mentor others. Even if your official job responsibilities do not directly involved leadership over others, you can still highlight leadership experiences at work, and at your extracurricular activities, in other ways.

You may share the realizations you have gained through your leadership experiences and how they have impacted your leadership style, as well as the motivations behind them. Relate how an MBA will further develop these and help you make an impact on the world around you. You may also identify specific valuable expertise that you can contribute and that your peers can leverage in the classroom, especially if these are in a rare field.

Doing all of the above will present you as someone who will use his or her vast experiences to enrich the experiences of their peers, and of the school community, as a whole.

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! And as always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

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

4 Reasons to Consider a Part-Time MBA

scottbloomdecisionsWith the decision to pursue one’s MBA comes the equally large decision as to whether or not one should attend business school part-time or full-time.

While the majority of MBA applicants each year pursue the more traditional full-time MBA programs, there are many reasons that why a part-time MBA might be a better fit for you:

1) You Have a Below-Average Undergraduate Record
While your college record will, of course, still considered by part-time MBA programs, these types of programs tend to be more forgiving of poor college grades – especially if you attended college many years ago and you have had a lot of professional successes since then.

2) You Are a Career Enhancer
Are you looking to move ahead in your current industry or even within your company? Consider continuing to gain that work experience (and the salary and benefits that come with it) while attending a part-time MBA program. Additionally, many companies will offer continuing education benefits, so check with your current company to see if this is something they will provide.

3) You Work in a Family Business or Own Your Own Business
Rather than having to choose between ditching your family obligations or selling your business and attending school, why not do both? A part-time MBA program is great for those who want to continue working while they learn.

4) You Have Many Years of Work Experience
While part-time MBA students, on average, have only two more years of work experience than their full-time MBA counterparts, the spread tends to be much greater – with applicants’ experience ranging from two to twenty years. If you have a lot of work experience, you may find yourself alongside peers with more similar responsibilities and tenure in a part-time program than you would in a full-time classroom.

If any of the above sound like you, then you may find more success in a part-time MBA program than you would attending business school full 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 Facebook, YouTube, Google+ and Twitter.

Nita Losoponkul, a Veritas Prep consultant for UCLA, received her undergraduate degree in Engineering from Caltech and went from engineering to operations to global marketing to education management/non-profit. Her non-traditional background allows her to advise students from many areas of study, and she has successfully helped low GPA students get admitted into UCLA.