Tag Archives: application advice

Challenges and Opportunities for Female MBA Applicants

Today is International Women’s Day—a perfect opportunity to discuss targeted strategies for female MBA applicants. As an MBA, entrepreneur and businessperson, I know that women can more than handle business school and the application process just …

Today is International Women’s Day—a perfect opportunity to discuss targeted strategies for female MBA applicants. As an MBA, entrepreneur and businessperson, I know that women can more than handle business school and the application process just as well or better than anyone.  Stereotypes do persist, however, and the reality is that women pursuing graduate management education are still an underrepresented demographic on campus.

Enrollment Outlook in 2017

Thankfully, the outlook has improved over the past decade. Women now make up 43% of Harvard Business School’s Class of 2018; they represent 44% of the incoming class at the University of Pennsylvania’s Wharton School; and Stanford Graduate School of Business reported female enrollment at 41% for the Class of 2018.

Business schools have really ramped up their efforts to recruit and groom future women leaders, so if you’re a woman planning on pursuing an MBA, make sure to take advantage of every available opportunity. During the school research phase, a great place to start is at a workshop event for women hosted by the program you’re considering.

While you’ll also want to attend general information sessions, these diversity events allow you to meet and network with other prospective students, current students, alumni, and faculty, as well as provide a chance to listen and ask questions about the specific opportunities for woman in the MBA program.

Self-Confidence is Key

When putting their application together, female candidates have to make sure that they exude confidence. The admissions committee shouldn’t have any doubt about whether the applicant will raise her hand and contribute to the classroom discussions that form a crucial part of the MBA learning experience. Essays, interviews and recommendation letters should indicate a high comfort level with speaking out, defending points of view, and collaborating with all types of people.

Another area of potential weakness, particularly for women who majored in the liberal arts for undergrad, is demonstrating strong quantitative skills. The admissions committee wants to make sure you can handle the MBA course load, so a solid GMAT score, supplemented by additional finance, calculus, or statistics classes taken at the local community college, will go a long way toward proving you have the bona fides to succeed.

Try not to become intimidated by all of the amazing things your fellow applicants have accomplished and second-guess the value of your own strengths and experiences. Focus instead on what makes you unique, and how you plan on contributing to the MBA community once admitted.

During the MBA interview, female candidates frequently begin their answers with a disclaimer that reveals their insecurities and detracts from any positive information that follows. Don’t downplay achievements for fear of coming across as bragging. There’s a difference between boasting and conveying your skills and accomplishments with pride. Confidence without attitude is what you’re aiming for.

Don’t Let the Expense Scare You Off

Finally, women shouldn’t let the financial expense of business school be a barrier to pursuing an MBA degree. Look into all of the resources—loans, scholarships, employee sponsorships, fellowships, work-study options—that can offset the high cost of an MBA, and take a long view of the return on investment your target schools provide.Many candidates find they can pay off their student debt within five years of graduating, so with the right financial aid package, it’s possible to attend almost any business school.

Despite some barriers, real or perceived, women considering business school should know the MBA degree truly is the one of the best ways to transform their career by giving them the skills and knowledge necessary to be successful.

Image credit: WOCinTech Chat (CC BY 2.0)

You may also be interested in:

NYU Stern Launches New Scholarship Dedicated to Advancing Women in Business
MBA Debt Hurts Women More than Men, Bloomberg Study Finds
Flexibility is Key for Women Pursuing MBAs

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5 Tips for Harvard Business School Applicants

Harvard Business School is famously difficult to get into, but don’t let low acceptance rates keep you from applying if this is truly your dream MBA program. In a recent post to the school’s MBA Voices …

HBS application tipsHarvard Business School is famously difficult to get into, but don’t let low acceptance rates keep you from applying if this is truly your dream MBA program. In a recent post to the school’s MBA Voices Blog, six recent or soon-to-be graduates offer their advice for future applicants eager to learn all they can about the HBS admissions process.

Tip 1: Be your authentic self

“Be honest and genuine. I spent time reflecting on what really motivates me and what is most important to me. It may sound straight-forward, but I think it’s really important to have clear direction on what you want to do and how the HBS experience will help you get there. Then make sure that your application really shows your personality and conveys this message of who you are and where you want to go.” Stephanie Marr, MBA 2016

We say: The admissions committee wants to get to know you as a person beyond the resume—don’t write anything just because it seems like something an admissions committee would want to hear.

The trick to fleshing out your human side in the application is to take just a couple of experiences, activities, or themes and expand upon them in a much more detailed and nuanced way. Don’t shy away from your true interests; illustrate how they have helped shape the incredibly dynamic and fascinating person that you are.

Tip 2: Pick your recommenders carefully

“Select recommenders who know you well enough to tell a story that covers your accomplishments and the obstacles you overcame to achieve them. I chose recommenders who had seen me take on responsibility, struggle at times, and adapt to reach my goals. I think this matters much more than having recommenders with a particular job title or connection with HBS.” Sam Travers, MBA 2016

We say: When considering potential references, ask yourself whether the person has worked closely with you, thinks favorably of you, and will put in the time to write a thoughtful, detailed endorsement of your candidacy. If you can’t answer yes to these three requirements, move on until you find the person who fits the bill perfectly. Your chances of admission to the school of your dreams may well depend on it.

Tip 3: Learn more about the generous financial aid options HBS offers

“Trying to figure out how you’re going to afford your Harvard MBA can feel very scary – I definitely remember the sticker shock I felt when I read the expected student budget for the first time. Luckily, there are a lot of ways for you to get support as you decide how you want to finance your time at HBS. Many students, myself included, aren’t able to pay for business school out of their savings and instead utilize a combination of financial aid, scholarships, and loans to get themselves through the program. 

HBS has an incredible need-based financial aid program; over $36 million dollars is awarded to students each year. The administration firmly believes that funding should not be a barrier for anyone to attend business school and they ensure that no student is required to take on too much debt. HBS wants everyone who is admitted to be able to come and therefore the aid is awarded solely based on financial need. Nearly 50% of the class receives HBS Fellowships with the majority of Fellowships in the $30,000-$50,000 range per year.

The average starting salary at graduation is $135,000. Most alums are able to pay back loans in considerably less time than the terms provided. HBS also offers a variety loan forgiveness programs available at graduation for those students plan to pursue a career path in a less lucrative field—for example, there are financing options for graduates heading into social enterprise or pursuing entrepreneurial ventures.” Leslie Moser, MBA 2015

We say: People will tell you that you will find the money you need to go, but we know that thinking about all those zeros can get overwhelming and intimidating. Just know that most students use multiple sources; it’s never too soon to start researching your options; don’t underestimate your costs; and rest assured that schools want you to find funding and will do everything they possibly can to help accepted applicants.

Tip 4: Keep in mind HBS is reapplicant-friendly 

I had been dinged from HBS once and wondered if it was worth applying a second time.  Although uncertain of whether or not I’d be accepted to the program, I wanted to give it another shot.  Fortunately, and likely due to some divine intervention, I was accepted to the program.  I was absolutely elated when I received the good news.” Ryan Hansen, MBA 2017

We say: Many people in b-school right now were dinged the first time they applied. Reapplying shows you are serious about your interest in the MBA program. Make sure your letters of recommendation and your GMAT or GRE scores are rock-solid, and don’t recycle essays from the first time around.

Use the additional essay question to explain what’s changed in your situation to make you a stronger candidate this time around. Make sure to address both professional and personal advancements, but show that you are realistic and self-aware. Revealing your humanity in the form of quirks, weaknesses and flaws can often help the admissions committee to like you.

Tip 5: Don’t self-select out

“When you’re lifting your finger to hit the submit button, or when you’re walking into your interview, stop thinking about your imperfections and deficiencies. In fact, stop thinking about yourself as an individual. Rather, think of yourself as a piece of something bigger – your potential HBS class. What you do have to offer? What characteristics you bring to the table that will make your section that much better? I bet there are several things about you that no one else can claim, and that’s the good stuff. Tell admissions about them.” Peter Nolan, MBA 2017

“To those thinking about applying to HBS, I encourage you to go for it. Don’t let your own self-doubt sabotage what could be one of the best experiences of your life.”   Terrance Rogers (MBA 2017)

We say: It’s hard not to feel intimidated when you read the admitted student profiles at many of the elite MBA programs, which might include Olympians, successful entrepreneurs, decorated military officers and candidates with outstanding public service experience. However, don’t get psyched out of applying just because you can’t list anything similarly noteworthy on your application.

To stand out in the eyes of the admissions committee, you just need to provide hard proof that you made a difference. Remember, it’s not about the scale of your achievements – rather, it’s the fact that you left indelible footprints.

Image credit: Flickr user Chris Han (CC BY-NC-SA 2.0)

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Advice for the Harvard Business School Admissions Essay

This probably comes as no surprise to many of you, but Harvard Business School has notoriously low acceptance rates, which is why applicants to HBS must answer the required essay question both thoughtfully and strategically. Business …

HBS essay tips

This probably comes as no surprise to many of you, but Harvard Business School has notoriously low acceptance rates, which is why applicants to HBS must answer the required essay question both thoughtfully and strategically.

Business Insider recently shared my tips for this season’s crop of candidates, who, quite honestly, will probably have an easier time compared to last year’s simply because HBS decided to forgo the creative prompt for a simple, straightforward question.

It’s interesting to note how the essay at this top b-school has morphed over the past three years. Two seasons ago, there was an optional essay question that threw many applicants into a tailspin. Realizing applicants didn’t really want “optional,” the school posed this question for the Class of 2018 application essay:

It’s the first day of class at HBS. You are in Aldrich Hall meeting your “section.” This is the group of 90 classmates who will become your close companions in the first-year MBA classroom. Our signature case method participant-based learning model ensures that you will get to know each other very well. The bonds you collectively create throughout this shared experience will be lasting.

Introduce yourself.

I think that the more ‘creative’ format of the introduction may have muddied some of the answers, wasting word count being cute, setting up a conversation, etc., prompting the admissions team to look toward something vastly more streamlined for this year. This is the question for the Class of 2019 application essay:

As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA program?

The most challenging part of this essay is remaining disciplined. With unlimited space to make your case, you may be tempted to compose a laundry list of everything interesting or impressive you have ever done.

That urge could backfire, as the essay is used to determine who isn’t a fit for HBS as much as those who deserve the chance to move into the interview round. Maturity, accomplishment, and leadership are highly valued qualities and this essay is your chance to display those qualities through the stories you choose and the voice coming through your writing.

Is Harvard Business School on your list of target schools this season? If so, follow the link above to the full article on Business Insider to read more of my HBS essay tips!

You may also be interested in:

No. 1 Trait HBS Looks for in MBA Applicants

Image credit: Flickr user Chris Han (CC BY-NC-SA 2.0)

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Michigan Ross Director Calms Common Applicant Concerns

Applying to a top-tier business school is a time of high anxiety for many MBA hopefuls. With such fiercely competitive admission rates, it’s only natural that candidates might feel vulnerable about their chances. Plus, going for …

Ross MBA admissions

Applying to a top-tier business school is a time of high anxiety for many MBA hopefuls. With such fiercely competitive admission rates, it’s only natural that candidates might feel vulnerable about their chances. Plus, going for an MBA is a huge and expensive decision, so how do you know if the school you’re targeting will be right for you?

In a recent update to the Admission Director’s Blog at the University of Michigan Ross School of Business, Director Soojin Kwon shared the reflections of several second-year Ross Student Ambassadors who were in your shoes not that long ago. Their experiences should help calm any fears or concerns you have about the application process in general and, in particular, about choosing to apply to the Ross School.

Here are some key excerpts from Kwon’s post:

 Applicant Fear #1: “I wasn’t sure that Ross and Ann Arbor would be as diverse as other schools/cities I was considering.”

Kwon: Nearly a third of our students come from outside of the U.S., with India, Brazil, China and Peru as our leading international countries. Within the U.S., the state with the highest representation at Ross is California. The metro area where the most students lived prior to Ross is New York, followed by Washington, D.C.

Our entering class has worked in a wide range of industries – from consulting, banking, marketing, and startups to the military, education, nonprofit, healthcare/pharma, tech, law and hospitality. They’ve worked in 340 different organizations including the Kenya Ministry of Health, the Turkish Treasury, the National Geospatial-Intelligence Agency, NBCUniversal, Time Warner Cable, Coach Inc, and Coca-Cola.

Women comprise 40% of our entering class. Minorities comprise 24%.

As far as Ann Arbor goes, it may surprise you to know that we have more restaurants and independent bookstores per capita than any other city in the U.S. It’s been ranked among the most educated city in the U.S.

Applicant Fear #2: “I heard mixed messages about which round to apply in. Obviously, it worked out in the end, but I was worried I’d hurt my chances if I applied in one round vs another.”

Kwon: Chances are, you have an idea of which school is your top choice. Let’s call it “School A.” You submit an app to School A in Round 1. Your app to Schools B and C are nearly ready but you decide to wait until Round 2 to submit those apps. In the months following your Round 1 submission to School A, you visit the campus of Schools B and C. You connect with students and alumni of those schools. You fall in love with School B and decide that that school is your new top choice. (We see this a LOT.)

You resolve to submit a killer app for School B in Round 2. In December, you find out from School A you’re admitted. Great! School A requires you to submit a non-refundable enrollment deposit in February…before you find out if you’re admitted to your new top choice school. Now you have to either (1) put money down to hold your spot at School A or (2) take your chances on being admitted to School B. We frequently see applicants choose Option 1.

The moral of this story: if you’re close to being ready to submit an app for several schools, you should strive to submit them in the same round.

It’ll give you the benefit of being able to make a decision with all your options laid out at once. Of course, you should apply when your application is as strong as it can be. But if your app is ready for one school, chances are, you’re probably close to being ready for another school. The main difference is generally only the essays.

***

The Ross admissions director also shares advice on handling low GMAT/GRE scores,  enlightens applicants who are unfamiliar with what Michigan Ross is “good at,” and reveals why you don’t need to devote an excessive amount of effort to answering the Ross essay questions.

Read Soojin Kwon’s complete post, and with any luck, you’ll feel much more relaxed about the whole process…well, at least a little bit!

You may also be interested in:

Michigan Ross School Fall 2017 MBA Essay Tips

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Tuesday Tips: Kelley School of Business at Indiana University 2017 Essay Tips

Kelley School of Business at Indiana University is a top-tier business school with an innovative program. From the moment you decide to attend Kelley you will be focusing on your career and leadership development. You’ll …

Kelley School MBA essay tipsKelley School of Business at Indiana University is a top-tier business school with an innovative program. From the moment you decide to attend Kelley you will be focusing on your career and leadership development.

You’ll receive personalized coaching, leadership training, and real-world industry projects within the first year of your MBA. Kelley’s program is unique and close-knit, so your fit with the program and your desire to participate fully will be important to the admissions committee.

Essay 1
Please discuss your immediate post-MBA professional goals. How will your professional experience, when combined with a Kelley MBA degree, allow you to achieve these goals? Should the short-term goals you have identified not materialize, what alternate career paths might you consider? (500 words)

Entering Kelley with a crystallized career vision and an idea of how you will accomplish your goals will help you take full advantage of the program. Kelley’s curriculum is tailored to help you reach your career goals.

For example, students can specialize almost immediately by choosing one of the first-year Academies in your industry area of focus. Think about these opportunities at Kelley when you answer this career goals question, and specifically how you see yourself using the tools available.

The second half of this question deals with your flexibility around your career goal and your ability to handle change. The business world changes constantly and your ability to recognize opportunity, even outside your anticipated career goals, will be crucial to success. Think about the core elements that are important to you in forming your career goals.

Perhaps you are passionate about a specific industry, but you could imagine pursing either a strategy role or a finance role in that industry. Or perhaps you love marketing and are more flexible about the industry where you practice your craft. Showing that you can capitalize on change and opportunity while staying true to your core values and interests will position you well in this set of essays.

Essay 2
Please respond to one of the following short essay prompts. (300 words)
a. My greatest memory is…
b. I’m most afraid of…
c. My greatest challenge has been…
d. I’m most proud of…

This essay seeks to understand your core personal motivations. Beyond career, what have been formative moments in your life? The story you choose to tell in this essay will be revealing to the admissions committee and will show your personality and values.

Think about the moments in your life when you have changed or matured. Was there an experience that led you to learn more about yourself? Perhaps you interacted with someone who challenged you, or inspired you. Or you may have traveled outside your comfort zone, either literally outside your home country, or in a transition like leaving home for college.

Option b, “I’m most afraid of…” is the one prompt that does not specifically call on a past experience. However, it’s likely that your fear has its roots in a formative moment in your life.

Once you have a story to tell, make sure you are explaining why this moment is important to you. You can either narrate your thoughts, reactions and opinions as you retell the story, or take time at the end of the essay to reflect upon what you learned and why it was important to you.

Essay 3
Please share with the admissions committee an interesting or surprising fact about you. (25 words)

The admissions committee has read your career goals, read about a pivotal experience and likely has reviewed your resume and application fact sheet. This fact is one that didn’t come up in any of those demographic or background data sheets in your application.

Perhaps you were a competitive swimmer in high school, but didn’t pursue it in college. Or your grandmother was from Sweden and taught you traditional cooking techniques that no one else in your life knows.

If you are struggling to come up with an interesting or surprising fact, this is a great question to poll friends and family about. You will want to use something that is unique about you, and that most other applicants would not be able to say.

Your friends and family likely know the elements of your background and personality that go far deeper than your resume or application fact sheet.

Optional Essay:
Is there anything else that you think we should know as we evaluate your application? If you believe your credentials and essays represent you fairly, you shouldn’t feel obligated to answer this question. (300 words)

Kelley’s optional question is open-ended, allowing you to add almost any story or additional background data you would like. Before you take full advantage of the extra space, make sure you are truly adding to your application. If you have done the work on a comprehensive resume, excellent recommendations and finely honed essays you likely don’t need this space.

If there is anything to explain in your application, definitely use this space to do so. That may be a poor grade in a quantitative course in college, academic probation, or the lack of a recommendation from a current supervisor. Whatever you need to discuss, make sure you are focused on explanations rather than excuses, and you provide solid, recent evidence that you have done better since the event.

Struggling with the Kelley MBA application? Stacy Blackman Consulting can help. Contact us to learn more.

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Tuesday Tips: The University of Texas at Austin McCombs 2017 MBA Essay Tips

University of Texas at Austin McCombs School of Business is a globally recognized MBA program, located in the center of technology and creativity that is Austin. Programs like McCombs can provide an especially strong regional …

mccombs school of businessUniversity of Texas at Austin McCombs School of Business is a globally recognized MBA program, located in the center of technology and creativity that is Austin. Programs like McCombs can provide an especially strong regional network if you are currently in Texas or plan to settle in Texas after your MBA.

When approaching these essay questions think about the reasons you are pursuing an MBA, particularly at McCombs. Thorough school research will help you come up with specifics, by taking to current or former students, visiting campus, or attending admissions events.

Essay 1. The University of Texas at Austin values unique perspectives and cultivates a collaborative environment of distinct individual contributions. It is the first day of orientation. You are meeting your study group, comprised of five of your classmates from various backgrounds. Please introduce yourself to your new team, highlighting what drives you in your personal and professional life.

Select only one communication method that you would like to use for your response.
• Write an essay (250 words)
• Share a video introduction (one minute)

For an open-ended essay with a creative option (the video) it can be daunting to think of a topic. Rather than focusing on how you are going to communicate, start thinking about what you want to communicate to the McCombs admissions committee by introducing yourself to your new study group.

The best essays will dive deep into your motivations and aspirations, perhaps getting into your cultural background, formative moments in your life and friends, family and colleagues who have influenced you. To identify one or two key stories you may want to tell, think about those pivotal moments of change in your life.

For many people the transition from high school to college and from college to work led to personal change. Others had formative childhood experiences or experiences that led to shifts in perspective like travel or living outside your home country. Any one of these moments could be a good way to illustrate who you are and what motivates you.

Once you have identified the content of your essay you can decide how to present it. A video could give you the opportunity to add elements of emotion, such as humor, that are harder to convey in writing. A video also allows you to include graphics, photos or other visual elements. If your story fits better into a written narrative you may choose the written essay instead.

Essay 2. Based on your post-MBA goals and what drives you in your personal and professional life, why is the Texas MBA the ideal program for you and how do you plan to engage in our community? (500 words)

This essay is your opportunity to demonstrate strong fit with the Texas McCombs program. As part of your homework before starting this set of essays you have learned as much as possible about the school, now you can bring in your own aspirations and goals to describe what you plan to be part of.

Some of the unique opportunities at McCombs include the Venture Labs, supporting your entrepreneurial dreams, and The MBA+ Program, with opportunities to work with influential companies through a variety of touch points. Austin is another unique benefit to the program that you may want to discuss in the context of your background and goals.

For example, perhaps you are interested in working for a major technology firm to learn product manager skills that you will then take into starting your own business. While at McCombs you can test ideas with the Venture Labs, and also consult for major companies like Adobe or HP to learn how large companies work. These experiences will certainly give you an advantage as your build your post MBA career.

Don’t forget the personal – Texas McCombs has an active and engaged student culture with many student organizations you may be interested in joining.

Optional Statement: Please provide any additional information you believe is important and/or address any areas of concern that will be beneficial to the Admissions Committee in considering your application (e.g. unexplained gaps in work experience, choice of recommenders, academic performance, or extenuating personal circumstances). (250 words)

This optional essay provides space for you to add your own context to any information that may hinder your admission prospects. For example, if you have a lower than average test score, any grades below a C on your transcript, academic probation or a significant resume gap, you can explain here. Keep your explanation concise and factual, and focused on context for the issue rather than excuses.

Stacy Blackman Consulting can provide personalized, strategic guidance for your Texas McCombs MBA application. Contact us to learn more.

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