Free Seminar in NYC, Tomorrow at 6:30pm

Thursday, August 17th. 6:30 – 8:30 PM [138 West 25th St., NYC]
GMAT Preview and MBA Admissions Strategy Workshop

Tomorrow night, our friends at Manhattan GMAT will be offering a free workshop in their New York office that will cover GMAT test basics and include a Q&A session with Clear Admit’s Brett Haber, who willaddress attendees’ questions about the MBA admissions process and the role of the GMAT. This is the perfect workshop for applicants who are just embarking on the application process.

Come out to the workshop and learn the answers to the following questions:
-Do the top MBA programs use GMAT cutoffs in the application process?
-What happens if I cancel my GMAT score?
-How is the GMAT result used in conjunction with GPA and other metrics to assess a candidate?
-Is the exam predictive of one’s performance in an MBA program?
-Can a strong result on the GMAT compensate for a below average GPA?

Space is still available – but limited – so interested applicants should register for this free event here.

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Cornell / Johnson Deadlines 2006-2007

Though not yet officially available on the program’s website, the deadlines for Cornell’s full-time, two-year MBA program are as follows:

Round One
Application Deadline: October 9, 2006
Decision Notification: November 7, 2006

Round Two
Application Deadline: November 9, 2006
Decision Notification: December 18, 2006

Round Three
Application Deadline: January 9, 2007
Decision Notification: March 23, 2007

Round Four
Application Deadline: March 9, 2007
Decision Notification: April 27, 2007

The admissions committee has scaled the process back from five deadlines to four this year, eliminating a round in December. Applicants should note that the January round three deadline is the last for scholarship and financial aid eligibility, and that international applicants are strongly encouraged to apply by this time.

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Duke Essay Topic Analysis 2006-2007

As promised when we posted Fuqua’s essay questions last week, here are some thoughts and pointers for applicants preparing to tackle this particular program’s application.

Duke’s questions this year are fairly straightforward, covering common topics such as ethics and a past failure. It’s also important to note, however, that each of the program’s inquiries contains two or more questions, and that it will be important to explicitly address each in order to tailor these essays to Fuqua’s questions.

Short Essays

Essay 1: Please discuss your career path, your short and long-term goals. 

Essay 2: Why are you interested in The Duke MBA program and how will it help you achieve your goals? If you are interested in the Health Sector Management concentration or a joint degree program, please address in this essay.

These two questions combined constitute the fairly standard career goals/why MBA question posed by most programs. Because the program requests that applicants answer each of these short questions in a single page (1.5 spaced), you may have to arrive at a condensed narrative of your career to date but should fortunately have a fair amount of room to fully articulate your interest in Duke’s program.

Long Essays

Essay 1 (required): How has your personal history and family background influenced your intellectual and personal development? What unique personal qualities or life experiences might distinguish you from other applicants? How will your background, values and non-work related activities enhance the experience of other Duke MBA students and add to the diverse culture we strive for at Fuqua? Note: The goal of this essay is to get a sense of who you are, rather than what you have achieved professionally.

This is quite a tall order for the 500-750 word prescribed length for this essay (though there is no formal word limit, the instructions hint that most applicants find this sufficient), as there are several lines of questioning and potential topics here. The key will therefore be spending a fair amount of time reflecting on the question and identifying the most important and interesting aspects of one’s personality to cover in this response. One approach might be to identify two or three characteristics that have influenced your activities and interactions and to trace their development from your early days, comment on the role they play at present, and suggest how they might come to bear on the Fuqua community.

Essay 2: Please respond fully and concisely to one of the following essay questions, identifying clearly which question you have selected.

A. To be a good team player, one needs to be an effective individual leader and vice-versa. Describe an example of where you were challenged to become a leader in a team-oriented context. What was the challenge you faced, how did you address it, and what did you take away from the experience for your future development as a leader?

This essay presents a great opportunity to showcase a leadership success that includes the angle of personal or professional growth as a result of a challenge. In addition to a detailed description of the situation, an account of your thoughts and actions throughout and a discussion of the lessons you learned, it would also be great to comment on the outcome of the situation and the impact you were able to have on the team and whatever larger context the story might involve. To distinguish this response from an answer to the classic “impact” essay posed by many schools, though, applicants might consider building this desired outcome into their introduction rather than the conclusion as an explanation of the importance of their ability to rise to the challenge.

B. Describe a situation in which your ability to perform ethically was challenged. What was the issue, how did you handle it, and what did you learn from it?

For a detailed discussion of the elements to consider when responding to a question about an ethical dilemma, see our take on Wharton’s similar question.

C. Describe a significant leadership failure in your life. What did you learn from this failure? How has it impacted who you are today and the kind of leader you would like to be?

When responding to a question about a time when you performed less than optimally, it’s best to select a story from which you have some distance; a college extracurricular could be a viable topic, as could an early professional experience. As is also the case with any failure essay (again, see our thoughts on this year’s Wharton essays for an explanation of these general principles), the key will be to summarize the situation as briefly as possible in order to allot a good number of words to a discussion of the lessons you learned from this experience, how they have served you since that time, and how they will continue to influence your leadership style.

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Michigan / Ross Essay Topics 2006-2007

This year’s essay questions for application to the University of Michigan’s Ross School of Business were released last week. We’ll follow up a bit later with our customary analysis, but in the meantime, here are this season’s inquiries: Ross Essay QuestionsRespond to the three required essay questions, typed on separate sheets. Please limit yourself to the number of words noted, using a minimum of 11 point font with 1.5 line spacing. Required QuestionsYou must answer all parts of the three questions below. 1. We believe one of the keys to effective leadership is the ability to transform ideas into action. Describe a time within the last three years in which you exercised such leadership. What did you learn about your leadership strengths and development needs? 2. What are your career goals? How will a Ross MBA help you achieve your goals? How might the action-based learning aspects of the Ross curriculum make a difference? 3. Describe the initiatives you have taken over the past two years to develop professionally and personally. What motivated you to take those initiatives? Optional Question Is there anything else you think the Admissions Committee should know about you to evaluate your candidacy? (500-word maximum)

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Fridays from the Frontline

Welcome to this week’s edition of FFF! While last week was an exceptionally sleepy one, we’re glad to see that our blogger friends are back in action and documenting their MBA-related endeavors.

One very popular topic among incoming students this week has been housing; Paxti arrived in London rather early for flat-hunting at LBS, and Angel Angie is about to join the apartment search fray after a minor travel debacle. Meanwhile, Marina is slowly getting settled in NYC, DomoDomo enjoyed his final farewell party and is on his way to INSEAD, and Brownoski is counting down to his arrival in New Haven. Axechick has just finished up her pre-Columbia internship and we’re glad to hear that she feels well served by the experience. FooBarMe, on the other hand, is just getting started part-time at Berkeley and finds himself reeling at the cost (he might want to read up Angel Angie’s recap of a particularly creative MBA financing strategy); it sounds like he’ll decide it’s worth it, though, based on his comments about Haas orientation. Joint degree student Rahul is already in the midst of accounting at Kellogg, and new FFF addition Perpetual Motion has just started at Wharton and has hit the blogging ground running with some thoughts on the program’s admissions policies.

Speaking of admissions, Tuck-bound Vatsa took some time this week to share five tips for IT applicants and veteran blogger Forrest Gump commented about the benefits of introspection in the application process. While a select few have received positive waitlist news lately, all is said and done for last season as far as most applicants are concerned, and a number of bloggers are turning their attention to reapplying. Based on some feedback from Duke and a list of potential improvements, Bschool Diva is pushing her application back to class of 2010, but most – including fellow reapplicant Rusgirl – are planning their to do lists for fall 2006 application. Nivi is another one working at whittling down her checklist for Duke reapplication and UniQpath has refined her roster of target schools and is taking stock of the work this will entail, while a more relaxed Hallonman is taking in the sights. GuyMBA also seems to be in good shape given that he’s finished a full set of essays and is now focusing on the GMAT, a task that Brian plans to tackle as soon as he’s finished with undergrad.

Current students and recent grads have been comparably quiet. Al Martine checked in from an internship in India and offers his thoughts on the summer away from LBS. FutureMBAGirl (time for a new name, Wharton grad!) said her farewell to Philadelphia and arrived in California, and Marquis surfaces to document Phil Knight’s big gift to Stanford and offers ongoing case interview assistance to MBA students with their eyes on careers in consulting.

That does it for this week! We hope that everyone has a wonderful weekend!

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MBA Trends: This Year's Youth Movement

BusinessWeek Online has just published an article on the youth movement in MBA admissions, interviewing admissions directors from leading schools like Wharton and Stanford and highlighting what would appear to be the latest trend: younger b-school students. According to the article, top MBA programs are increasingly considering candidates who apply directly from college/university or with 1-3 years of experience.

Needless to say, this trend often inspires heated debate. Some argue that expanding the applicant pool to include young or ‘early career’ applicants allows the schools to build a more diverse class while snatching up the true superstars earlier in the process. At the same time, current MBA students and professors often complain that younger students with limited work experience have very little to offer in the classroom. Of course, the admissions teams point out that the students who are admitted straight from college are truly exceptional and have worked part-time jobs, held leadership posts, etc. Brit Dewey (of Harvard Business School) has often said that “it’s all about what an applicant has done with his or her time on the planet” – whether that’s 21 years or 28 years. Then again, there are programs that still insist on full-time work experience (such as Tuck and Kellogg).

In any event, before our readers in the 26-35 age group begin to panic, we should remind you that interest in ‘early career’ applicants seems to have emerged around the same time that application volume dipped in 2003 and that such students typically comprise less than 5% of the student body at leading programs.

Here are a handful of articles to help our readers follow this trend:
Last year’s BusinessWeek article: The MBA Youth Movement
This year’s BusinessWeek article: You Don’t Have to Wait
Clear Admit Analysis (April 05): Youth Movement: Exhibit A
Clear Admit Analysis (April 05): Youth Movement: Redux

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Duke / Fuqua Essay Topics 2006-07

Duke has published their essay topics for the coming admissions cycle. While the school’s deadlines were made available last month, many eager R1 applicants will be pleased to see that the topics are now available too. We’ll be back with our analysis in the near future, so be sure to stay tuned!

Duke / Fuqua Essays for Fall 2007 Entry
Two short essay answer questions and two long essays must be completed before submitting your application. Prepare your essays carefully. The Admissions Committee considers your responses to the following questions important in the selection process. Please respond fully and concisely using 1.5 line spacing.

For the short answer questions, please restrict your response to a single page each. For the long essay questions you must answer the first question and for the second essay you may select from one of three essay options. There is no restriction on the length of your response for the two long essay questions. Applicants typically use between 500 and 750 words for essays one and two.

Candidates who applied to Fuqua between September 2005 and April 2006 are considered reapplicants. Reapplicants are asked to complete the Reapplicant Essay in addition to the Applicant Essays.

All applicants have the opportunity to submit an optional essay to explain any extenuating circumstances of which the Admissions Committee should be aware.

Applicant Essays
Short Essays – Answer both short essay questions.

1) Please discuss your career path, your short and long-term goals.

2) Why are you interested in The Duke MBA program and how will it help you achieve your goals? If you are interested in the Health Sector Management concentration or a joint degree program, please address in this essay.

Long Essays – Answer essay question 1, and for essay question 2 please answer only one of the three essay options provided.

1) How has your personal history and family background influenced your intellectual and personal development? What unique personal qualities or life experiences might distinguish you from other applicants? How will your background, values and non-work related activities enhance the experience of other Duke MBA students and add to the diverse culture we strive for at Fuqua? Note: The goal of this essay is to get a sense of who you are, rather than what you have achieved professionally.

2) Please respond fully and concisely to one of the following essay questions, identifying clearly which question you have selected.

A. To be a good team player, one needs to be an effective individual leader and vice-versa. Describe an example of where you were challenged to become a leader in a team-oriented context. What was the challenge you faced, how did you address it, and what did you take away from the experience for your future development as a leader?

B. Describe a situation in which your ability to perform ethically was challenged. What was the issue, how did you handle it, and what did you learn from it?

C. Describe a significant leadership failure in your life. What did you learn from this failure? How has it impacted who you are today and the kind of leader you would like to be?

Reapplicant Essay
In addition to the Applicant Essays listed above, please answer the following question. There is no restriction on the length of your response. Reapplicants typically use between 500 and 750 words for this essay.

1. Write an essay describing how you are a stronger candidate for admission compared to the previous year’s application.

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MBA Trends: Application Volume and its Implications

Following up on the GMAT registration and testing volume reported a few months ago, GMAC has released the results of a survey of business schools yesterday showing that a majority of full-time, part-time and executive programs enjoyed increased in application volume this past year.

The main point we took away from the latest announcement on GMAT volume was that international applicants account for the vast majority of the reported rise in demand, and this is confirmed by the survey, which reports that 75% of U.S. MBA programs saw an increase in applications from abroad this past admissions season. While relaxed visa restrictions in the States and increasing recognition of the MBA overseas might account for this upward trend, an AP analysis of the GMAC release emphasizes that these more plentiful applications are being spread out in an increasingly global fashion:

“Much of the increased demand is coming internationally, with three-quarters of US programs reporting an increase in foreign applications. But growing competition from overseas also affects US programs, with 62 percent of programs outside the country also reporting an increase. In Europe, 61 percent of GMAT test-takers sent their scores to US programs in 2001, but last year only 47 percent did.”

Regardless of where the applications are being sent, the numbers suggest that demand for the MBA is back – a notion that might make individuals who are poised to apply this year a bit nervous about a corresponding increase in competition. But while GMAC points to sunnier post-MBA job and salary prospects as the reasons for the increased interest in the degree, one could easily argue that this also translates to an increased opportunity cost in leaving the improved job market for two years with some uncertainty as to what the conditions might upon graduation from business school. This point might help to explain a final piece of the puzzle as highlighted by a recent Business Week article on this topic:

“Among domestic applicants, it seems the majority of growth will continue to be in part-time and accelerated programs, rather than in the traditional full-time two-year MBA. Nearly two-thirds (62%) of part-time programs reported an increase in application volume compared to 2005, with a fifth of those reporting significant increases. About half (51%) of full-time programs in the U.S. reported an increase in domestic applications in 2006 compared to last year, but only 12% of those reported a significant increase.”

While it seems that the demand for the MBA might indeed be on the rise, particularly among international applicants, these statistics don’t necessarily translate to dramatically increased competition for seats in full-time programs.

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Emory Deadlines and Essays 2006-2007

Emory University’s Goizueta Business School has come out with its application deadlines and essay questions for the coming admissions season. Applicants should note that the school offers both one- and two-year full-time programs, and that the admissions schedule is on a slightly shorter timeline for the former.

Deadlines

Round One
Application Deadline: November 1, 2006
Admissions Decision by: January 1, 2007

Round Two (final deadline for international applicants)
Application Deadline: December 16, 2006
Admissions Decision by: March 1, 2007

Round Three (final deadline for scholarship consideration and applicants to the one-year MBA program)
Application Deadline: February 1, 2007
Admissions Decision by: April 1, 2007

Round Four
Application Deadline: March 1, 2007
Admissions Decision by: May 1, 2007

Essays

1. List one of your most significant professional or organizational accomplishments. Describe your precise role in this event and how it has helped to shape your management skills. Please limit your response to two, double-spaced, typed pages.

2. Please complete/address two of the following statements. Full-time candidates (Two-year and One-year programs) must compete/address choice F as one of the two options. Please
limit each response to one, double-spaced, typed page.
A. I have always wanted to…
B. My most memorable cross-cultural experience…
C. My family background is unique because…
D. The person who has had the greatest influence on my leadership style is… because…
E. The greatest lesson I have ever learned…
F. Of Goizueta’s core values (courage, integrity, accountability, rigor, diversity, team,
community), which value resonates most with you and why?

3. What do you expect to accomplish in the Goizueta Business School MBA program? How will your participation in the MBA program fit in with your experiences and responsibilities as well as your short and long-term career goals? Please limit your response to two, double- spaced, typed pages.

As always, we’ll follow up with some commentary on and analysis of each of these questions a bit later this week.

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MBA News: B-School Buzz

We wanted to start off the week by highlighting some MBA-related news items that have come up over the past few days:

The Economist‘s “News from the Schools” column highlighted some interesting research developments, including Stanford‘s plans for its recent $105M gift, an exciting speaker making an appearance at Columbia, and a planned partnership between France’s Grenoble École de Management and a number of institutions in India that will allow for interchange of students between the two countries and may eventually result in an executive education program.

Reports of GMAT registration and application volume seem to suggest that demand for the MBA is back on the rise, and Newsweek just came out with an interesting article discussing the steps business schools have taken to successfully recover from backlash and skepticism about the value of the MBA that arose as a result of recent corporate scandals. The article touches upon the measures that schools like Yale, INSEAD and IMD have been taking to revamp their curricula and reframe their thinking about business education.

Another potentially interesting read is a recent Business Week article describing the changing climate in the financial services industry with respect to gay MBAs. The discussion touches on the prevalence of GLBT organizations on b-school campuses and focuses on the post-graduation issue of finding a firm with an accepting and comfortable environment.

Finally, entrepreneurship has been a popular topic this week, as the Financial Times featured a short piece on the distinction between entrepreneurs in the U.S. and elsewhere, and the Associated Press released an article about business owners attending b-school in part-time and executive tracks, discussing what they can gain from and contribute to the programs.

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Michigan Deadlines 2006-2007

Michigan University’s Ross School of Business has released its application deadlines for the coming admissions season:

Round One
Application Deadline: November 1, 2006
Decision Notification: January 15, 2007

Round Two
Application Deadline: January 7, 2007
Decision Notification: March 15, 2007

Round Three
Application Deadline: March 1, 2007
Decision Notification: May 15, 2007

The program’s essays should be out any day now (their online application is promised to go live in “early August”), at which point we’ll post some comments and tips for those who are targeting this school.

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Fridays from the Frontline

Welcome to this week’s rather short installment of FFF, your look into the apparently very sleepy MBA blogosphere. While it seems that most of our blogger friends are on vacation or busy with internships, applications and pre-school preparations, there are a handful of folks keeping us informed about what they’re up to.

On the applicant front, Itobean is making progress with test prep and sounds very pleased with her online GMAT class, whereas GuyMBA seems to be getting all the help he needs through free GMAT forums and resources like Beat the GMAT. In addition to self-study, he’s been working to line up suitable recommenders (often a challenge for entrepreneurs). Median2k9 also succeeded in resolving the recommender question this week and is ready to focus on the essays.

As for future and current students, Ashwyn has posted a dramatic account of his trip to the Spanish embassy in Delhi to secure a visa in preparation to attend IESE: a worthwhile read for anyone preparing to brave the bureaucracy in pursuit of international study. Meanwhile, the Divine Miss N is also preoccupied with visa and housing issues as she prepares for a stint in New York, whereas InvisibleInk is already set with a place in Fontainebleau and a crew of very diverse INSEAD housemates. Finally, DomoDomo enjoyed the second in a series of sendoffs as he gets ready to start a new chapter in France.

That does it for this week. We hope that the quiet on the blogging scene is an indication that good things are going on elsewhere – and that we’ll get to read about them soon. Have a great weekend!

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Free Workshop in NYC: August 17th, 6:30 PM

Thursday, August 17th. 6:30 – 8:30 PM [138 West 25th St., NYC]
GMAT Preview and MBA Admissions Strategy Workshop
This event will take place at the offices of Manhattan GMAT in New York City. Our friends at Manhattan GMAT will be offering a free workshop that will review GMAT test basics and include Q&A with Clear Admit’s Brett Haber to address attendees questions about the MBA admissions process and the role of the GMAT. This is the perfect workshop for applicants who are just embarking on the application process.

Come out to the workshop and learn the answers to the following questions:
-Do the top MBA programs use GMAT cutoffs in the application process?
-What happens if I cancel my GMAT score?
-How is the GMAT result used in conjunction with GPA and other metrics to assess a candidate?
-Is the exam predictive of one’s performance in an MBA program?
-Can a strong result on the GMAT compensate for a below average GPA?

Register for this free event here. Space is limited.

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Admissions Tip: Visiting the Campus

As many applicants are finding out at this time of year, conducting some thorough research on various MBA programs is an essential step in formulating a list of target schools and crafting convincing essays. Surfing the web and speaking with friends and mentors are great starting points in identifying programs of interest, but in order to really get a feel for a school and determine whether it’s a good fit for one’s goals and personality, it’s necessary to dig deeper and gain some firsthand experience with the program and the people. Visiting the campus is a great avenue for gathering information – and also a step that can work to one’s advantage in the application process. While we’ve recently offered some in depth information about ways prospective students can engage the community at their target schools and have also highlighted some campus-related considerations to keep in mind, here are a few pointers on getting as much mileage as possible out of that trip to your target MBA program.

1) Make yourself known. Putting forth the effort to travel to a school is a signal of interest in the program that the adcom loves to see – it’s just a matter of letting them know that you’ve made the trip. It’s possible to communicate this in your essays and interview, but the simplest route is often to register for a visit through the admissions office if possible. Not only will most schools arrange for you to sit in on a class and have lunch with current students, but many will also make a note of your visit and include it in your file. Be sure to take advantage of all that the admissions office offers in this regard; even if you have friends on campus, it’s wise to speak to as many people as possible.

2) Think it through. Before arriving on campus, you should think carefully about the sort of information you hope to take away from your visit. Whether your inquiries cover something as broad as the night life or as narrow as the syllabus of a particular course, your trip will be much more informative if you come prepared with a sense of the details you hope to glean from information sessions and conversations. Further, it’s a great idea to reach out to members of the community before you arrive; if there’s a club about which you are particularly curious, for instance, you could contact one of its leaders and arrange a conversation over coffee on the day of your visit.

3) Know you’re on. Even though your conduct and interactions won’t be ‘on the record’ in the way that they would be when on campus for a formal interview, it’s important that you be aware of the impression you’re making. Because spending time on campus is a great way to forge ongoing contacts with students who could become allies for you in the admissions process, you’ll naturally want to put your best foot forward.

We hope that these simple tips will set applicants on the path toward a positive and productive stay on campus. For more tailored guidance on application strategy and school selection, feel free to contact us for a free initial consultation.

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