The MBA Exchange Blog
Blog Posts: Services
Whether you are an undergrad contemplating a corporate future, a young exec with a few years of solid experience, or a mid-career manager reaching for the elusive ”brass ring,” career planning is essential. Regardless of your current status, there are gaps between you and ultimate success. This distance from present reality to your preferred future can seem overwhelming at times, but must be analyzed before it can be crossed.
Determining which gaps are most relevant is a first step. Which of these issues do you face today? Which will you encounter down the road? How would pursuing a first-class MBA degree help you?
Tags: Career Advisory
Congratulations, Round 1 applicants! You’ve earned admission to your dream business school for Fall 2011. Not only have you achieved your goal, but you have the next 6 months to kick back and enjoy yourself. No more stressing about GMAT scores, essays or interviews. You might even be planning to quit your current job this spring so you can relax or travel for a few months before immersing yourself in first-year MBA courses and campus life.
It might be the GMAT, GRE, LSAT or TOEFL. The fact is that you need to do well on such standardized tests to achieve admission to your dream school. You’ve been preparing for weeks, perhaps even months. You know the material cold, but then on test day, you don’t score up to your potential.
So, you prep again, engage an expensive tutor, practice even more and then re-test. Again, the score is way short of what you need. You find yourself confused and conflicted. How could this be? You’re smart and highly accomplished. You did so well in college and are considered very successful at work. How could you allow this test, passed by thousands of others every year, to derail your future plans?
In good times or bad, the value proposition for earning a degree from the elite business schools remains convincing and compelling. The desire to increase one’s earning power, to add a prestigious brand to the resume and to join a global network of industry leaders makes the effort and investment required for MBA admission extremely motivating.
Every MBA candidacy has strengths and weaknesses. These could be academic, professional and/or personal. Admissions committees know and expect this when considering an applicant. When applying to business school, you must do everything you can to sell yourself. This means making sure that your strengths are prominent and clear, but also not just ignoring your weaknesses.
Many applicants have common professional profiles: financial analysts, consultants, IT professionals, engineers, etc. They might also share similar academic profiles like a 700 GMAT and 3.5 GPA from a good-but-not-great college with a degree in economics or business administration. And they might even come from the same kind of personal background and geographic location.
There is a wide range of criteria that top-tier business schools use in evaluating applicants. The importance of building a candidacy and preparing an application that is likely to produce an offer of admission has led to the emergence of two popular myths.
Next Week The MBA Exchange will release the first of our “Myths of MBA Admissions” series. Throughout the next several weeks we will routinely post new entries with common misinformation and disinformation that blocks your path to admittance. Be sure to follow us on Twitter (@mba_exchange) where you can find early postings of the myths and links to the full descriptions.
“What applicants post on websites can get them in trouble. Be careful!”
–Admissions Director of a top-15 ranked MBA program
How will MBA admissions officers, recommenders, interviewers, b-school alumni, students and other “influencers” perceive you based on your presence on websites like Facebook, LinkedIn and Twitter? It’s not just what you post, but also what has been posted about you — or about others with the same name — that could hurt your chances for MBA admission.
An amazing man passed away recently at the age of 99, but his legacy lives on. John Wooden was the iconic basketball coach of the UCLA Bruins for 27 seasons, earning him the nickname, “Wizard of Westwood.” His record of 10 national championships in 12 years raised the bar for coaches of any sport, worldwide.