Archive for August, 2008

MBA News Bites-Part II

Friday, August 29th, 2008

Stacy Blackman’s Weekly Roundup of B-School Intelligence

Professors Michael Hay and John Mullins from London Business School have been awarded the Academy of Management Entrepreneurship Division Innovation in Teaching Award, sponsored by McGraw Hill.

An editorial by Inside Higher Ed’s Richard Veddar concedes that school rankings are useful–but urges going beyond U.S. News.

Top MBA offers a Scorecard Expert Chat with professor Ed Roberts, who introduced MIT Sloan’s entrepreneurship and innovation program. Known as E&I, this phenomenally popular element of the MBA program leverages the entrepreneurial ecosystem at MIT and brings the like-minded entrepreneurs together.

A sagging economy and a weak job market are providing a boost to B-school programs, BusinessWeek reports.

The University of Charleston in West Virginia will open a graduate school of business later this year, the Economist has learned. The three-year flagship program, called a Masters of Business Administration and Leadership (MBAL), will run from September and is open to students with no business experience. The school will also offer an executive MBA and an executive Masters of Forensic Accounting.

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For a concise, thoughtful guide that will help you navigate the MBA admissions process with greater success, order our NEW book, The MBA Application Roadmap.

MBA News Bites-Part I

Friday, August 29th, 2008

Stacy Blackman’s Weekly Roundup of B-School Intelligence

The School of Management at the University of Texas at Dallas has published the top 100 worldwide business school rankings based on research contributions between 2003-2007.

Top MBA Scorecard’s recent Expert Chat with Yasiara Ortiz, the International Relations Manager of MIP Politecnico di Milano, offers useful information regarding the admissions process.

Cass Business School at City University in London has announced a new Masters program in management of non-governmental organizations (NGOs), to begin in September, the Economist reports. Cass was moved to introduce the course by the increasing presence of NGOs internationally in aid and development work.

Babson College has secured the services of entrepreneurship expert Julio de Castro. De Castro, former associate dean of research, professor of entrepreneurship and strategy and chair of the strategy department at IE Business School in Madrid, Spain, will become professor of entrepreneurship at the Wellesley, Massachusetts school.

International students at Vanderbilt’s Owen Graduate School of Management, especially those whose native language is not English and those who have not studied or worked in an English-speaking country for at least two years, may be required to participate in the U.S. Business Communication and Culture Program, a two-week program exclusively for Vanderbilt MBA and MS Finance students.

The Wharton Adcom blog has been updated this week, with new information on the Idealist.org Philadelphia Graduate Degree Fair for the Public Good, recommendation letters and the MBA admissions holiday schedule.

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We are now on Facebook – please join the Stacy Blackman Consulting group, or become a friend of Stacy Blackman. I am posting news about MBA related events, job listings, and of course MBA news.

I am on Twitter too…click to follow me on Twitter! www.twitter.com/stacyblackman

For a concise, thoughtful guide that will help you navigate the MBA admissions process with greater success, order our NEW book, The MBA Application Roadmap.

Forté Forum: The MBA Value Proposition

Wednesday, August 27th, 2008

Forté Foundation, a consortium of major corporations and top business schools that directs talented women toward leadership roles in business, is putting on a series of events this fall for prospective women MBA students.

Topics presented at the Forté Forums events include:  how to finance an MBA, how to achieve work/life/balance, and how to successfully apply to an MBA program. Forté Forum events are held each fall in the United States and Europe.

This year’s forum series will feature top women business leaders sharing candid advice drawn from their own career experiences. They’ll be joined by admissions officers from the top MBA schools, who will answer questions and give advice about the admissions process. These events include ample time to mingle with corporate and school representatives for one-on-one networking opportunities.

The schedule of events is as follows:

Chicago, Sept. 8th (register by Sept. 5th)

Boston. Sept. 9th (register by Sept. 5th)

Washington, DC, Sept. 10th (register by Sept. 5th)

Los Angeles, Sept. 15th (register by Sept. 12th)

San Francisco, Sept. 16th (register by Sept. 12th)

Houston, Sept. 17th (register by Sept. 12th)

Atlanta, Sept. 18th (register by Sept. 12th)

New York, Sept. 23rd (register by Sept. 19th)

New York, Sept. 24th (register by Sept. 19th)

London, Oct. 7th (register by Oct. 3)

To register for any of these events, visit http://www.fortefoundation.org/forum

Forté Foundation is dedicated to encouraging women to pursue careers in business leadership by providing access to information, scholarships and networking opportunities. Forté is backed by 27 leading corporations, 37 top business schools in the U.S. and abroad, and The Graduate Management Admission Council® (GMAC®).

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We are now on Facebook – please join the Stacy Blackman Consulting group, or become a friend of Stacy Blackman. I am posting news about MBA related events, job listings, and of course MBA news.

I am on Twitter too…click to follow me on Twitter! www.twitter.com/stacyblackman

For a concise, thoughtful guide that will help you navigate the MBA admissions process with greater success, order our NEW book, The MBA Application Roadmap.

Tuesday Tips – Dartmouth Tuck Essay Tips

Tuesday, August 26th, 2008

Tuck is a close knit community that prides itself on diversity and international perspective.  Despite the rural backdrop, Tuck is progressive and innovative with a focus on leadership and team work. 

When approaching this set of application questions it will be important to clearly assess your own fit with the Tuck program, and to set your application strategy clearly.  What are the areas you want to communicate to the Tuck admissions committee?  Which essays work best for a work example or a community service example?  Be sure to provide specific examples for each essay.  Specific examples provide the best evidence of your leadership qualities, team work skills and management potential.

While Tuck does not require a certain word limit, the 500 word guidance should be adhered to. Generally 10% plus or minus the word limit suggestion is reasonable when there is no formal limit.

1. Why is an MBA a critical next step toward your short- and long-term career goals? Why is Tuck the best MBA program for you? (If you are applying for a joint or dual degree, please explain how the additional degree will contribute to those goals.)

This is a similar “career goals” question as the one posed by Kellogg and Wharton.  Similar to the advice for Columbia, the Tuck career goals essay should clearly define why Tuck is the right place for you to take the next step in your career progress.  Given the short space, explaining your short- and long-term career goals succinctly will be important.  It is crucial to explain why an MBA is necessary, and of course incorporate your research into Tuck’s unique program.

2. Tuck defines leadership as “inspiring others to strive and enabling them to accomplish great things.” We believe great things and great leadership can be accomplished in pursuit of business and societal goals. Describe a time when you exercised such leadership.  Discuss the challenges you faced and the results you achieved. What characteristics helped you to be effective, and what areas do you feel you need to develop in order to be a better leader?

This question is ideally answered with an example that can show you are a strong leader who also has an interest in societal goals.  You can use either a work or community service example, though a community service example might be particularly apt given the focus of the question.  Be sure to answer each component of the question as you briefly explain the situation, explore the challenges and describe the results.  As you reflect upon the situation, you can demonstrate self awareness by evaluating your own strengths and weaknesses in this leadership opportunity.

3. Discuss the most difficult constructive criticism or feedback you have received. How did you address it? What have you learned from it?

This is similar to a mistake essay, yet focuses specifically on a time that you received feedback.  Annual reviews and other feedback opportunities from your supervisor are generally a good source of material for this question, though you can certainly use an applicable example from outside of work if you are able to demonstrate reflection and learning.  The crux if this question is to explain your reaction to the feedback.  This will allow you to demonstrate your maturity, interest in feedback as a learning tool and your ability to change and learn.

4. Tuck seeks candidates of various backgrounds who can bring new perspectives to our community. How will your unique personal history, values, and/or life experiences contribute to the culture at Tuck?

This question is similar to Kellogg’s question about your background, values and life experiences. Similar to Kellogg, this is the perfect opportunity to differentiate yourself from those applicants who may have a similar educational or work profile.  Think about the threads of your personal life that have made you the person you are.  How will you take your personal interests and values and contribute to Tuck?  This is another opportunity to reveal your depth of knowledge of the culture.  How will you contribute to organizations that already exist, or fill a need?

5. (Optional) Please provide any additional insight or information that you have not addressed elsewhere that may be helpful in reviewing your application (e.g., unusual choice of evaluators, weaknesses in academic performance, unexplained job gaps or changes, etc.). Complete this question only if you feel your candidacy is not fully represented by this application. 

This is your opportunity to discuss any perceived weaknesses in your application such as low GPA or gaps in your work experience.  When approaching a question of this nature, focus on explanations rather than excuses and explain why you are a different person now.  In the instance of work gaps, you may have been the innocent bystander to economic realities, in which case you may simply explain the facts.  If you do not have a weakness to explain, this may be an opportunity to address any additional facet of your application strategy you have not been able to illuminate in previous questions.

For an insider perspective on Tuck, check out the many MBA themed blogs on the internet.

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We are now on Facebook – please join the Stacy Blackman Consulting group, or become a friend of Stacy Blackman. I am posting news about MBA related events, job listings, and of course MBA news.

I am on Twitter too…click to follow me on Twitter! www.twitter.com/stacyblackman

For a concise, thoughtful guide that will help you navigate the MBA admissions process with greater success, order our NEW book, The MBA Application Roadmap.

Tuesday Tips – Columbia GSB Essays

Tuesday, August 26th, 2008

Columbia has changed the essay questions this year, resulting in a leaner set of questions that will require you to think deeply about what you need to communicate and strategize effectively.  The three required questions focus on some of the factors that are important to Columbia.

As mentioned on the website, Columbia is seeking strong candidates with demonstrated academic and professional accomplishments, along with “demonstrated, strong leadership; and the ability to work in teams.”  Columbia’s students are diverse and international, and Columbia seeks students who have the “potential to become successful global leaders.”

Columbia Business School Application Essay Questions:

1. What are your short-term and long-term post-MBA goals? How will Columbia Business School help you achieve these goals? (Recommended 750 word limit)

This is similar to the standard career goals essay and the tips we have provided for Wharton and Kellogg will be helpful here too.  Columbia does not ask about the past, so it is important to be future focused on this essay.  Make sure to clearly outline your goals, and talk about the past when you specifically need to discuss what has led you to be passionate about the career path you have chosen.

In addition, it’s very important to spend significant time and effort on the second part of the question about Columbia as a integral part of your goals.  Researching the school, speaking with students and alumni and explaining your fit with Columbia effectively in this essay can make a huge difference to your candidacy.  A great way to learn more about Columbia, the school blog is a great resource.

2. Master Classes are the epitome of bridging the gap between theory and practice at Columbia Business School. (View link below). Please provide an example from your own life in which practical experience taught you more than theory alone. (Recommended 500 word limit)

View with Real Player:
http://merlin.gsb.columbia.edu:8080/ramgen/video1/faculty/MasterClass-promo.rm
View via Google:
http://video.google.com/videoplay?docid=-4698876883776961370&hl=en

It will definitely be important to be familiar with Columbia’s master classes, which are projects done with second year students who work with a company on a real world problem.  For this essay, it will be important to think about an example of a time when you bridged the gap between theory and reality in a practical, work situation.  Demonstrate your ability to apply theory, and show how you were able to function in a practical, dynamic situation, even if the outcome was not as expected.  Columbia appreciates experience, and this is a great place for you to highlight some of your unique practical experiences.

3. Please provide an example of a team failure of which you’ve been a part. If given a second chance, what would you do differently? (Recommended 500 word limit)

This is similar to the classic mistake essay, yet rather than focusing on your own individual failure, you are asked to think about a team that failed.  This is a great opportunity to demonstrate your skills as both a leader and team member.  The tricky part is to avoid blaming anyone on the team while explaining what went wrong.

The way to approach this question is to analyze what went wrong in the team failure, and what you learned.  Briefly outline the situation, discuss the failure and then discuss how you would apply the lessons learned if you were given a second chance.  Be as specific as possible about where the situation broke down, as well as what you would do differently.  To take the question a bit further, it would be ideal to have a real life example of a time you actually did apply the lesson you learned through this failure.

It would be appropriate to choose either a work or extracurricular example for this question, depending on how you answered the rest of the required questions.

4. (Optional) Is there any further information that you wish to provide to the Admissions Committee? (Please us this space to provide an explanation of any areas of concern in your academic record or your personal history.)

This essay is meant as an opportunity to explain anything that may be a concern to the admissions committee.  When discussing a low GPA, for example, make sure to offer clear explanations without embellishment or excuses.  The best evidence that you are now an ideal candidate for Columbia is your demonstrated achievements since.  Highlight any classes taken since, quantitative work projects, and any other academically relevant successes.

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We are now on Facebook – please join the Stacy Blackman Consulting group, or become a friend of Stacy Blackman. I am posting news about MBA related events, job listings, and of course MBA news.

I am on Twitter too…click to follow me on Twitter! www.twitter.com/stacyblackman

For a concise, thoughtful guide that will help you navigate the MBA admissions process with greater success, order our NEW book, The MBA Application Roadmap.

Stacy Blackman’s Weekly Links

Monday, August 25th, 2008

Read on for real stories from MBA applicants and students…

Stairway to MBA experienced some major stress-induced nightmares last week over whether his supervisor recommenders would agree to/have time to write his rec letters.

Though Columbia remains his one true love, MBA Veggie has big plans to visit Harvard, Yale and Sloan next month with a friend. Unless he meets some real “arses” at HBS, MBA Veggie says he’ll probably fall in love and want to waste his time and apply.

N.A.S. offers a mini post from the city of mini-cabs with a complete list of pros and cons of life in London and LBS.

Samantha feels it’s a sign she should apply to Stanford after an essay and a half flowed from her fingertips with total ease. The zany factor may need some toning down in future drafts, but for now, Samantha thinks Stanford is pretty awesome.

Miss Curly Bee is feeling blue as she leaves family and friends behind and heads half-way around the world to Kellogg.

V2B-School provides helpful updates on the three business school events and two school visits that have kept him busy over the past few months. His conclusion? B-school events are generally a waste of time unless you have the chance to meet current students.

Omne muses about applications and shares his belief that all schools should be invite-only, because if they ask you to come in for an interview, you have crossed that first hurdle into “This candidate is interesting!” territory.

Tryst with MBA has come up with a great, creative post personifying the seven essays required by INSEAD.

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We are now on Facebook – please join the Stacy Blackman Consulting group, or become a friend of Stacy Blackman. I am posting news about MBA related events, job listings, and of course MBA news.

I am on Twitter too…click to follow me on Twitter! www.twitter.com/stacyblackman

For a concise, thoughtful guide that will help you navigate the MBA admissions process with greater success, order our NEW book, The MBA Application Roadmap.