World MBA Tour in NYC and Philadelphia

The World MBA Tour is presently making the rounds in the USA. As the main event of its kind, the Tour assembles dozens of leading MBA programs in one convenient place, allowing applicants to gather brochures, chat with admissions officers, meet alumni, participate in panel discussions, sample MBA classes and more.

We are pleased to report that Clear Admit’s Alex Brown will be on hand at the New York and Philadelphia World MBA Tour events, where he has been invited as a guest member of the MBA Panel discussions. We strongly recommend attending the Tour, since it provides an unparalleled opportunity to gather information on the schools you may be considering.

Visit with schools
Hundreds of MBA programs participate in the World MBA Tour. Here’s a partial listing of several leading schools that are involved: Wharton, Columbia, NYU (Stern), Chicago GSB, Cornell (Johnson), UVA (Darden), Dartmouth (Tuck), Duke (Fuqua), Berkeley (Haas), Georgetown (McDonough), Emory (Goizueta), IESE, INSEAD, London Business School, UCLA, Michigan (Ross), UNC (Kenan Flagler) and more.

MBA Panel Discussions
The panels include MBA alumni, admissions officers and experts in the field. Clear Admit’s Alex Brown will be offering his expertise on panels at the New York City and Philadelphia events. Topics of discussion will include MBA Admissions tips, the role of the MBA degree in one’s career, the recruiting process and more.

Details:
New York City (click to register)
Hilton New York
Saturday, September 17th

Philadelphia (click to register)
Marriott Convention Center
Tuesday, September 20th

The World MBA Tour is $5 if you register in advance or $10 if you buy a ticket at the door. At either price, it’s really hard to have an excuse not to attend.

Of course, while we agree that it’s a great idea to attend the events, we’d also like to remind our readers what not to do at an MBA Tour event.

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Fridays from the Frontline

This week’s installment of Fridays from the Frontline starts with an update from several first-year MBA students in the blogosphere. The Chicago GSB got orientation underway this past week. Reporting on life in the Windy City, are Bloghorn8 and PowerYogi, the former detailing the first day of school and the latter celebrating the attributes of the incoming class. With Stanford’s orientation in full swing, Lady Rattler offers an excellent account of her struggles getting back into good study habits (“Studying is not like riding a bike. You forget how to do it.”). MBAwana offers some additional news from the first week at Stanford, citing immigration concerns and discussing exemption exams.

Looking up bloggers from other leading programs, we find Jewellsnake commenting on the final week of orientation at NYU, Majalo offering thoughts on starting Kellogg and Mark updating us as HBS begins classes. There are also several reports on life at London Business School, from DivineMissN (second week of school), MBA Europe (time crunch), and KV (results of a professional development test). Finally, FlatpointMBA reminds us that Yale’s administration has an excellent sense of humor, based on an email hoax that went out this week…

For those readers who enjoyed yesterday’s entry about the increasingly popularity of the MBA in China, we’d like to call your attention to a posting by Maverick describing a Chinese monk who is pursuing an MBA. This piece – originally from the BBC – was picked up by Reuters too. In other Chinese MBA news, blogger Anders offers a great summary of his coursework at CEIBS.

In MBA-applicant blogland, we turn to Cubicle Lady who raises the age-old debate of Round 1 vs. Round 2 for her MBA applications (a subject we’ve covered in this blog). Meanwhile, Vatsa discusses the subject of grade nondisclosure – a topic that has been popular of late in the BW Forums, press and this blog. Our congratulations go out to TakeTwoBskool, who performed well on the GMAT and has dramatically increased his chances of success as a reapplicant!

In closing this week’s edition of Fridays from the Frontline, we’d like to point to blogger Beau Giles’ entry on the Darden school’s offer to take 4-6 students from Tulane’s MBA program (which has been shut down this semester due to the damage from hurricane Katrina). Other schools offering support to Tulane students include Cornell, Vanderbilt and Emory (who will each take some second-year students) and UT Austin (who have offered Tulane professors their facilities to pursue research). BusinessWeek’s Francesca DiMeglio covers the details of this story.

MBA Gaining Ground in China

Following several years of declining application volume, Chinese students seem to have rekindled their interest in the masters in business administration degree. Today’s edition of China View (an online publication) includes an article about increasing GMAT test taker volume in China and greater interest in the MBA among those in the Chinese business world.

Here’s a short quote from the article:

“With the new round of business expansion in China, investment banks, consulting firms and multinationals are eager for professionals with an MBA education from a top business school.” Promising employment prospects also are behind the rise in MBA applicants.

There’s also a great article about Rose Martinelli (former Director of Admissions at Wharton and current Dean of Admissions at Chicago GSB) in the Wall Street Journal’s College Journal publication. It offers a sneak peek into the life of an MBA admissions officer, along with some tips for applicants to leading schools.

Finally, there’s a somewhat strange article in the Guardian (a publication from the UK) that suggests that business school applicants are no longer as concerned with the MBA rankings (otherwise known as “league tables” in UK-speak). What makes the article strange is that while the students surveyed did not list rankings as the driving force behind their decisions, they did list ‘reputation’ as the most important factor. Since many would argue that ranking and reputation are closely intertwined (or that rankings strongly influence reputation and vice versa), the article’s premise seems a bit flawed.

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Chicago GSB Revises Essay Topics

Back on July 7th, we posted the Chicago GSB essay topics for 2005-06, along with some analysis for the benefit of our readers. These questions were taken directly from the Chicago web site. This week, it came to our attention that the essay questions currently on the school’s site had been altered somewhat. The core questions remained the same, but appeared in a more abbreviated format. Here’s an example:

Question from the Chicago web site on July 7th:
Essay 1: To complete, we require that you answer all parts of A, B, and C below. (1500 words maximum total)
A. Explain the path that has led you to pursue an MBA as the next step in your professional/ personal development. What steps did you take and how did you reach your decision?
B. What or who has influenced your choice of schools? What criteria will you use to decide where you will attend? What is it specifically about Chicago GSB that is going to help you succeed?
C. Describe your short and long term post-MBA career goals. What steps will you be taking in order to achieve your goals?

Question from the Chicago web site on September 7th:
Essay 1: Complete all parts below (1500 words maximum)
Explain the path that has led you to pursue an MBA as the next step in your professional personal development. Describe your short and long term post-MBA career goals. What or who influenced your choice of schools, and what is it specifically about Chicago GSB that is going to help you succeed?

Upon noticing these subtle differences, we contacted Rose Martinelli (the Dean of Admissions at Chicago). Rose indicated that the essay topics had been revised slightly – to “remove the implied questions” – and that the most up to date version of the essay topics was now available on their web site.

While this may seem a bit confusing to some of you, the changes actually represent an opportunity. First, those of you who read our blog can still see the more lengthy original questions. Our readers can then look at the current, revised questions to better understand the emphasis the committee is looking for as well as the implied questions that are beneath the surface, etc.

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Admissions Tip: Handling a Weakness

Many applicants to business school need to address a weakness in their candidacy. In some cases it’s a lower than average GPA or GMAT, in others it’s a lack of international experience, limited outside activities or a circuitous career path and ambiguous goals. Luckily, one’s MBA application is really a multi-variable equation, where weakness in one area can often be balanced by strength in another and so on.

While balancing weaknesses with strengths is crucial, one should also keep in mind the fact that many weaknesses must be addressed directly. In other words, it’s often not enough to simply push your strengths and hope that they distract from your weaknesses.

Let’s use an example to make this point clear. Assume there exists a candidate with the following profile:
JOHN DOE
-GPA: 3.6 from a leading school
-GMAT: 630 (has taken the exam once)
-4 years of excellent work experience with international exposure, leadership, etc
-extensive outside activities
-clear and logical career goals

Most of our readers should instantly spot the weakness here – since John Doe’s GMAT is roughly 70 points below the average at the top 10 MBA programs. The first strategy one might employ in this case would be to emphasize John’s GPA and highlight all of his other attributes in hopes of balancing out the GMAT weakness in the MBA admissions equation. The argument would be that the GMAT has not accurately measured the John’s ability and that the committee should use his GPA as a better predictor of academic performance. This argument would typically be made in a supplemental/optional essay.

While the above strategy is certainly a valid one to pursue, it may not hold much water in this instance because John has only taken the GMAT once. In other words, John knows that he is significantly shy of the schools’ average score (he’s written a supplemental essay about it) yet he’s opted to settle for 630 and move on. Since most MBA programs take your highest GMAT score, this might suggest that John has missed an opportunity to give the exam another shot. Worse, it could suggest that John is lazy (e.g. that he knows the exam is important to admissions officers but isn’t willing to put the effort into a second test).

Let’s assume that John does the right thing and resits the exam, earning a 650. While disappointed in his score (which still falls below the average at top schools), John can now make the following argument to the admissions committee:
1) I am unhappy with my GMAT performance, which is below the average at your school
2) Because I recognize the importance of the exam in the admissions process, I worked hard to sit the exam twice and improve my score
3) Despite my efforts, my second exam was only slightly better than my first result
4) I do not feel that the test is accurately measuring my academic abilities – in fact, I’ve never been strong on standardized tests
5) I encourage the committee to consider my GPA and course selection in college, both of which should indicate that I will be a strong performer in the MBA classroom

While this is just one example, our goal is to highlight the fact that many weaknesses need to be BOTH balanced by strengths and properly addressed head-on. Contact Clear Admit directly to learn more about our services and how we can help you strategically address weaknesses.

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Grade Nondisclosure

BusinessWeek’s Geoff Gloeckler has penned an interesting article on the use of grade nondisclosure (GND) at leading MBA programs. For the uninitiated, GND is a policy that forbids b-school students from sharing their grades with recruiters. This policy is designed to relieve pressure and reduce competition among students, while promoting a more collaborative academic environment.

The following top schools have GND programs in place:
(click in the school name for details on the nature of their GND program)
Harvard Business School
Stanford GSB
Wharton
Chicago

The BW article offers an interesting take on this contentious topic, citing pros and cons and highlighting the perspectives of students, recruiters, faculty and administration. The author of the article has also created a discussion thread in the BW Discussion Forums where members of the MBA community are talking about the issue.

As for our viewpoint on the subject, we’d like to offer a few pros and cons for our audience to consider:

Grade Nondisclosure Pros
-GND eliminates much of the fierce competition among students – exchanging it for a more collaborative environment (many MBA programs were criticized for being incredibly cutthroat in the 80′s and early 90′s – before GND policies were put into action).
-GND allows students to take risks, pursue challenging coursework and not worry about how a slightly lower grade might look on their transcript.
-GND allows students to focus on all aspects of the MBA experience, including outside activities (clubs, forums, lectures) and recruiting – without the fear of GPA repercussions.
-GND allows top programs to make a clear statement to recruiters about the caliber of their curriculum – essentially saying that any student who goes through the course is at a certain level.

Grade Nondisclosure Cons
-GND forces some recruiters to resort to other tactics when ranking candidates (asking for GMAT scores, using challenging case interviews, etc).
-GND has a poor effect on some students, causing them to do the minimum and coast through the program without contributing to the their study group or the broader MBA community.
-Classroom discussion may be less fruitful at programs with GND (if students aren’t feeling any pressure to do the readings and professors aren’t using cold calls or taking attendance to ensure participation).
-GND may deprive stronger students of a way to stand out from the pack.

Of course, we’d like our readers to keep in mind that each school has a slightly different policy. For example, Wharton is commonly thought to have a pass/fail system in place, yet, the school actually offers the following grades to students: Distinguished Pass, High Pass, Pass, Qualified Credit, Fail. While these grades cannot be shared with recruiters, students are clearly being given feedback on their performance.

This subject highlights the importance of doing research into the schools you are considering. It clearly pays to be up to date on critical campus issues, since this is all part of the process of making an informed decision and demonstrating knowledge of the school in your essays, interviews and alumni interactions.

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Fridays from the Frontline

This week’s edition of Fridays from the Frontline begins with applicants pondering the timelines of their applications and prioritizing tasks, a natural preoccupation at the point in the season. Ty Coon has been making good progress with his materials for his first choice schools, but realized that pacing and financial considerations will require him to further narrow his list of target programs. Meanwhile, franky4mba ponders the order of his many planned applications, taking recommendations into account, while Vatsa considers actually adding a school and discusses the issues surrounding reapplication. Veteran blogger and reapplicant Redwolf has decided what to say but feels a bit overwhelmed by the writing element of the task ahead, while SgHama writes about the sometimes painful but always important process of getting feedback on one’s first drafts after finally putting pen to paper (or fingers to keyboard, rather). Readers who are gearing up in parallel with these bloggers might be interested in checking out JDiddy’s informative reflection on his own trip through the application process last year, focusing on essays and interviews in this installment.

On the other side of the admissions process, first year students contine to blog their respective ways through their first experiences at business school. MargaritaLuvr discusses the harsh reality of quant classes now that Columbia’s orientation has ended. Lady Rattler expresses similar sentiments about math camp at Stanford and conveys her gratitude for her study group, while her classmate Mbwana is preoccupied with more practical concerns. Jerry Blank presents a less daunting picture of the first day of classes at Yale, relating a classroom exercise and exploring the disconnect between theory and practice. Finally, with so many first-year students all ready working at full tilt or close to it, Chicago-bound Wakechick revels in her final week of freedom.

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Admissions Tip: Don't Talk About Money?

Over the years, the Clear Admit admissions team has reviewed thousands of MBA applications. In doing so, we have a great deal of familiarity with many of the classic mistakes that are made by applicants. Although we could fill pages and pages with these ‘red flags’, we thought we’d share one in particular today:

Money
It may sound obvious, but ‘money’ is a tricky subject in the MBA admissions process. While it is fine to talk about money as it relates to a work-related accomplishment (doubling profits for your firm, reducing costs, increasing revenues, etc.), applicants should leave money out of the ‘why MBA’ picture. In other words, it is a major mistake to openly state that your interest in the MBA is motivated by a desired increase in earning power (just as it would be a mistake to state that your interest in a program is related to their ranking – but that’s a topic for another blog entry).

Money is one of those topics that is simply difficult for many applicants to navigate. For example, it can be a good idea to talk about ‘paying your way’ through undergraduate college/university by working because this demonstrates commitment to education and a high level of maturity. At the same time, mentioning that your choice of an employer was motivated by a desire to ‘earn lots of money’ (and pay off those student loans) would be inappropriate.

This is clearly a nuanced issue, but the advice we’ve provided here should help you exercise appropriate judgment and stay on the right path.

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