The MBA Exchange Blog
Blog Posts: Services
For many applicants, the Graduate Management Aptitude Test (GMAT) is the first and biggest hurdle on the road to a top MBA education.
Although business schools’ admission committees consider all aspects of a candidacy — professional, personal and academic — there’s only one common denominator: the GMAT score. Especially during a time of high application volume, a modest to poor GMAT score can discourage a committee from digging deeper into an application. A sub-par GMAT gives them an excuse to put the application aside or to disregard it completely.
Many leading MBA admissions consulting firms promote the term "personal branding" as the focus of their services.
This suggests, somewhat naively, that admission success comes from self-packaging and self-promotion. "Personal branding" is actually a concept that has been around for the past 30 years, introduced in the book "Positioning: The Battle for your Mind", by Al Ries and Jack Trout. While at first glance it seems like the ideal mindset for MBA applicants, the fact is that this is too good to be true.
Tags: MBA Admission
Most applicants believe that gaining admission to a top MBA program is
all about writing a great application. They want to blow away the competition by submitting perfectly sculpted responses, tailored just right to each school’s specific application.
However, this leaves most waiting until mid summer, when the new applications are published, to start their admissions campaign. Valuable time has been lost, and the applicant only has 3-4 months left to meet the first-round deadline. This approach is unwise, even dangerous, for many reasons.
Five steps to gaining admission with The MBA Exchange®
If you applied to business school and are now waitlisted, don’t consider your candidacy to be DOA. In fact, there are important steps that could keep your chances alive. However, time is your enemy as the admissions committees shuffle the deck every day.
Being put on a waiting list should not discourage you. This status confirms that your candidacy satisfies the school’s selection criteria. Now it’s a numbers game — how many previously admitted applicants will actually commit and pay their deposit? How many waitlisted applicants have profiles comparable or superior to yours?
The first place most potential MBA students turn to for advice tends to be the Internet. It’s easy, fast and free. A quick Google search leads to literally millions of different websites with infinite tricks and tips on how to get into a business school.
Many candidates go on to purchase a cheap book for guidance. The authors promise “inside info” and claim to teach you “everything you need to know.” It’s easy to find a used copy of these “best sellers” on Amazon.com for under $10.
The information on the Internet and in such books is tempting, but in reality, it’s useless and here’s why:
The MBA application process can be daunting. As overwhelming as it can seem, though, there are ways you can get yourself organized and ready to tackle the task.
The dramatic culture shift spawned by the growth of social media in recent years has opened myriad new opportunities for people looking to advance their careers. But it has also created new obstacles, as well. Navigating the social media terrain to maximize your potential and appeal to hiring managers can be tricky, but understanding what you can do to optimize your presence on the Web is a good start to standing out from the crowd.
Tags: social media
We’re very proud to announce the launch of MBA Face-to-Face ™ consultation for admissions interviews. This new service represents a powerful alternative to traditional methods of interview prep such as practicing with friends and colleagues – or a mirror. Our clients get exclusive access to an online facility where they can record practice interviews and replay them later to refine their skills; we’ve developed 25 different interview scenarios ...
Tags: interview questions
A recent Financial Times article, published Jan. 17, suggests that the traditional gender gap in MBA programs might be shrinking. Citing the Association to Advance Collegiate Schools of Business, the article claims that women now account for 37 percent of the student body at traditional MBA programs in the U.S. This is up from just 30 percent a decade ago. Proudly, The MBA Exchange has helped hundreds of women applicants from various backgrounds to gain admission over the past 13 years. In fact, our admissions consulting team of top MBA grads and former admissions officers is 60% female...
Tags: MBA Admissions
As the economic downturn continues to run its course, a lot of people have been asking themselves this question – “Should I go for an MBA now?” Certainly the response is predicated on a number of issues (family, career, finances, etc.), but many are answering in the affirmative.
So, what is it that is pushing people to return to school to get their MBA degree?