Columbia Deadlines and Essay Questions

Great news for early birds who are interested in Columbia and are looking to get a jump on their applications – the school has just released its deadlines and essays for the 2005-2006 admissions season!

Deadlines:
January 2006 Accelerated Program
Application Review Began: April 21, 2005
Application Deadline: October 12, 2005

September 2006 Early Decision
Application Review Begins: August 17, 2005
Application Deadline: October 12, 2005

September 2006 Regular Decision
Application Review Begins: January 11, 2006
Application Deadline: March 1 (international applicants) or April 20 (US-based applicants)

As you can see, the structure of these deadlines gives applicants a fair amount of flexibility as to the timing of their application. One thing to keep in mind is that due to the rolling nature of Columbia’s admissions process, it’s ideal to apply as early as possible in order to maximize your chances and telegraph your interest in the school.

Essays:
1. What are your short-term and long-term post-MBA goals? How will Columbia Business School help you achieve these goals? (Recommended 1000 word limit)

2. What has been the greatest challenge to your value system that you’ve faced and how did you handle it? (Recommended 500 word limit)

3. In discussing Columbia Business School, Dean R. Glenn Hubbard remarked, “We have established the mind-set that entrepreneurship is about everything you do.” Please discuss a time in your own life when you have identified and captured an opportunity. (Recommended 500 word limit)

4. Please select and answer one of the following essay questions. (Recommended 250 word limit)
a. Please tell us what you feel most passionate about in life.
b. If you were given a free day and could spend it anywhere, in any way you choose, what would you do?

The only real change from last year is that the values-related question has been bumped up from 250 to 500 words, and is now being framed as an ethical dilemma inquiry (previously “What personal value means most to you and why?”). In light of the Apply Yourself fiasco earlier this year and more recent suggestions that business schools and MBA students ought to place more of an emphasis on ethics, this adjustment is hardly a surprise.

Stay tuned to this blog in coming days for some tips on tackling each of these questions.

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Admissions Tip: Pace Yourself

Over the past few weeks, we’ve been posting a number of tips about how to approach specific aspects of your application. Today, we thought we’d take a step back and present our readers with an overall timeline in order to give you a sense of how to pace yourselves if you are aiming to submit in Round one this fall.

By this point in the year, you would ideally have done the following:
1) Assess your candidacy – identify the strengths that you will want to highlight, as well as any weaknesses that will need to be addressed.
2) Take the GMAT
3) Visit schools that interest you to begin to develop your preferences and content for your essays.

It’s certainly not too late to take these steps, but it’s important that you get moving in order to effectively tackle the rest of the process as you move forward:

June and July:
1) Address your weaknesses – retake the GMAT, take outside classes, take up additional activities or increase your involvement in existing ones, etc.
2) Identify and research your target schools, arriving at specific courses and clubs that would be of interest to you.
3) Approach potential recommenders to present your plans for business school and determine whether they will support you.
4) Request college transcripts.

August:
1) Develop a one-page resume appropriate for the MBA admissions process.
2) Create a general career goals essay (that also covers your work experience and your reasons for wanting an MBA).
3) Sign up for interviews at schools that allow you to do so.
4) Meet with your recommenders again – provide them with your resume, career goals essay, and other materials, and discuss the letter they will draft on your behalf.
5) Begin to write other essays.

September:
1) Write and carefully revise your essays in order to produce the most polished responses possible.
2) Visit your target schools and interview, making sure that you present a message that is consistent with that in your essays.
3) Complete application forms with attention to detail and accuracy (don’t leave these until the last minute!).
4) Maintain contact with recommenders to ensure that they will finish their letters on time.

October:
1) Make your final revisions and put the finishing touches on your application materials.
2) Submit applications.

Good luck to everyone taking these first steps in the application process! Stay tuned to this blog throughout the summer for information on deadlines and essay advice as the questions are made available.

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The Wharton Debate

Many of our readers have seen the article about Wharton in this month’s Philadelphia Magazine: Is Wharton Ruining American Business?

For those of you who haven’t read the piece, the premise is that the author, Maureen Tkacik, somehow infiltrated the Wharton campus and spent a year attending classes and social events. Over the course of some 3,500 words, Tkacik makes a series of bold claims about Wharton and the value of the MBA degree in general. The author also concludes that MBAs are ammoral, lazy and largely responsible for all that is wrong in the business world.

Although the conclusions drawn in the article are varied – some may have merit and some are debatable [see the Economist's take on this subject from their February 17th, 2005 issue] – we’d like to call your attention to an interesting side-plot that seems to be developing here. The side-plot surrounds the motives of the article’s author and the methods she has employed to hype her story. Here are a few items of note:

1) On May 31st, at the time of article’s release, Tkacik used her newly created Business Week Discussion Forums account to create a new thread entitled “A story about the Wharton School” and post a link to the article. Her brief posting said the following: “From the learning team retreat to the Pub Controversy, it’s all here.” She did not sign her name or clearly indicate that she was the author of the article she was hyping. Needless to say, this effort quickly sent eyeballs to her article online and generated a lot of discussion (more on that later).

2) Tkacik continued her efforts to generate a buzz about her article, by emailing it to David Farber, a professor at the University of Pennsylvania and gatekeeper of the popular Interesting People mailing list. Her email to Farber read as follows:

From: Maureen Tkacik
Date: May 31, 2005 2:28:54 PM EDT
To: dave@farber.net
Reply-To: mo@phillymag.com

The headline is a bit much — I didn’t write it — but I thought you might enjoy a bit of an anti-MBA rant: http://www.phillymag.com/ArticleDisplay.php?id=569

Farber promptly posted the article to his discussion group. Of course, what’s most interesting here is that Tkacik herself characterizes the piece as an “anti-MBA rant”.

3) In the meantime, the article was generating quite a bit of discussion in the BW discussion forums – with Tkacik herself responding to critics and fans alike (not to mention the Wharton students she had befriended who now feel betrayed). While the debate was to be expected, it’s revealing in terms of what it tells us about Tkacik’s views. Here are a few comments she makes in her postings on the board:

-in defending her decision to leave the Wall Street Journal and write for Philadelphia Magazine, Tkacik says the following: “There are things you can’t do at the Journal, and writing ‘reported essays’ about jargon crazed ROI slaves is one of them.” Describing MBA students as jargon-crazed ROI slaves would seem to be a bit harsh – especially for an unbiased reporter.

-in responding to a posting that compliments the article, Tkacik offered: “I met a lot of great people at Wharton. In general I just think the MBA is kind of a scam. When Milken and Huntsman and John Olson (the Merrill analyst who got fired for refusing to put a buy on Enron) were going, only a few thousand got MBAs every year. I think, now, that the value of the degree has been diluted but it’s too big a revenue center for universities to break the cycle.”

-when a reader wondered how Tkacik managed to spend a year on campus (since she also authored other articles during this time), she responds: “That was sort of packaging. Obviously I could not actually spend a year at Wharton. This article would not really make for a sufficient ROI. I did spend a few days every month attending MBA classes and functions.”

-if the comment above strikes you as odd, what’s even stranger is that it has actually been changed by Tkacik since it first appeared. Although we do not have the full text of the original posting, the Business Week forum shows snippets of original postings (pre-edited) when one searches the database (likely due to a bit of a glitch in their search engine). Here’s the original piece associated with this posting: “That was packaging. Initially they wanted to put “spent six …- from TKACIK1, 5/31/2005″. We’re not sure how this sentence originally ended, but it seems odd that it was deleted. Does this mean that the author only spent 6 months on campus? 6 weeks? It would seem unethical to put one’s name on an article that claims 1-year if that isn’t the truth…

One can’t help but wonder if the article’s author hasn’t fallen prey to the same vices she cites as being present in the Wharton community – self interest, using ‘friends’ for personal gain, not revealing conflicts of interest (when passing along her article in BW forum). In the end, this article has indeed exposed something. We’re just not so sure it has much to do with MBA students.

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Leadership at HBS

Kim B. Clark, the dean of Harvard Business School has announced that he will be stepping down from his post in order to accept the role of president at BYU (Brigham Young University-Idaho). Clark has been with Harvard University since 1978 and had led the business school since 1995.

As of this morning, there are over 45 articles on Clark’s decision to leave HBS, but here are a few of the more notable pieces:
The Harvard Crimson: HBS Dean Leaves for Idaho School
The Boston Globe: Harvard Business School Dean Chosen…
The Boston Herald: Harvard B-School Dean Calls It Quits
The Salt Lake Tribune: BYU-Idaho Taps Harvard Dean

There is also the beginnings of a discussion in the Business Week forums on what Clark’s departure means for HBS, etc:
http://forums.businessweek.com/bw-bschools/messages?msg=64392.1

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The State of GMAT Prep

Jeffrey Gangemi at Business Week Online has just penned an interesting article on a variety of new offerings in the world of GMAT preparation. Clear Admit’s co-founder is quoted in the article. Here is a brief excerpt:

Erika Ware, who works in financial services for Deloitte & Touche LLP in New York, decided to go it alone in preparing for the Graduate Management Admission Test (GMAT), the exam necessary for entrance into most graduate business schools. She passed on taking a pricey preparation course and instead prepped for the exam from two books.

“I just felt I had the time and ability to do it on my own,” Ware says of her decision. But after two test attempts resulted in the same score of 580, out of a possible 800, Ware identified her Achilles’ heel — the data sufficiency questions that form part of the quantitative section. For her, it was time to hit the books again.

Among a shrinking number of test takers, Ware is a prime target for today’s competitive group of test-prep companies. Along with the corresponding decline in B-school applications, the total number of test takers decreased more than 15% , to 206,852, between 2002 and 2004, according to the Graduate Management Admission Council (GMAC), the organization that oversees the exam.

Graham Richmond, founder of Clear Admit, a business school admissions consulting service, says GMAT test prep business hasn’t experienced a corresponding downturn, because those who apply are savvier than ever about application techniques. It’s unusual for someone to refrain from investing in test prep materials, particularly if the applicant is interested in top-tier schools, Richmond adds.

For the full text of the article:
http://www.businessweek.com/bschools/content/jun2005/bs2005066_1067_bs001.htm

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It Pays to Be Early!

Special Offer: Clear Admit ‘Early Bird’ Discount

We are currently offering a special discount to all MBA applicants who sign up with Clear Admit for the coming admissions season. Clients who sign up before July 1st, 2005 may purchase as many hours as they like at a reduced rate. These hours can be used throughout the 2005-2006 MBA admissions cycle (until July 1st, 2006).

Please visit our early bird discount page for details.

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Admissions Tip: Crafting Your Resume

In addition to conducting some preliminary research on MBA programs in which you might be interested, thinking about how you will go about presenting yourself to these schools is another great thing to be doing at this time of year. For this reason, working on your resume (or CV) is typically an excellent starting point for someone embarking on the MBA admissions process. This is true for the following reasons:

1) Nearly every top school requires a resume. This is usually requested as part of the written application. Candidates are also required to bring a resume to their admissions interviews as a starting point for conversation.

2) Crafting a resume can often serve as the creative starting point for candidates who are trying to develop their positioning strategy and career goals for the MBA admissions process. Distilling all of your experiences (educational, professional and extracurricular) into a coherent one-page document can often be an eye-opening exercise.

3) Since MBA admissions officers are often asking themselves whether or not a candidate seems likely to gain employment upon completion of the MBA program, the resume can be a great barometer of your potential to market your skills and experiences. Obviously, the MBA itself will add to your resume, but the adcom is still curious to see how well you present your experiences prior to earning the degree.

For those ‘early birds’ who are beginning to think about the admissions process, the resume is a great place to start. Contact us now to learn more about the Clear Admit Resume Guide and style templates.

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GMAT Volume, Present and Future

GMAC recently released information about GMAT volume for the first four months of 2005. The number of tests taken worldwide from January to the end of April was 68,131, down from 70,179 in 2004. Looking at the statistics more closely, the drop was significantly greater within the US (from 48,031 to 46,260, or 3.68%) than outside (down from 22,148 to 21,871 – only 1.25%). While the difference between the totals for this year and last is a continuation of a downward trend in GMAT volume over the past three years, it’s not nearly as drastic as the fall from 90,682 in 2002 to 76,827 in 2003, or even last year’s drop to 70,179. The data indicates that it’s still a great time to apply to school in terms of relatively low application volume, and also suggests that this annual descrease in tests taken might not continue much longer.

While one could confidently interpret the numbers from GMAC as reflecting a stabilization in GMAT volume, a few articles that have come out recently that suggest that business school application volume is likely to rise in coming years. A few weeks ago, this blog covered an article about brightening job prospects for MBAs in the Boston area – and recent news from Business Week and other sources indicate that this is part of a nationwide trend. Here are the links to a few articles heralding better times ahead for MBA grads:
Business Week – Hot Jobs, New Faces, More Cash
Reuters – MBA grads find Wall St. wants them-again
American City Business Journals – Salaries up for 2005 MBA grads

With all this talk of new and improving opportunities for business school graduates, it seems unlikely that GMAT volume will stay down. As a result, those professionals pondering business school in the coming years might want to seriously consider applying sooner rather than later.

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