Tag Archives: BusinessInsider

A Look at One Successful HBS Applicant

Prospective applicants always wants to know how to land a seat at the (usually) top-ranked MBA program in the land, Harvard Business School. If that sounds like you, then check out the recent piece in …

successful HBS applicantProspective applicants always wants to know how to land a seat at the (usually) top-ranked MBA program in the land, Harvard Business School. If that sounds like you, then check out the recent piece in BusinessInsider profiling first-year MBA student Ayse Baybars and her journey to HBS.

Baybars graduated from Harvard University in 2012 with a major in human evolutionary biology and minor in English. Her work experience prior to applying to business school included a stint at a small nonprofit focused on STEM, and a role at the lingerie startup Peach.

“I am one of the only students with a science background who also has significant startup experience, so I think that brings a very different view to our case discussions when we talk about making decisions using very little data,” she said of her contributions to the class.

Her best advice to MBA hopefuls is, “Be true to who you are. Don’t try to craft the story before you’ve lived it. The story and the narrative will come as long as you pick steps with authenticity that speak to what you want to do.”

Click on over to the original article for more details on how Baybars’s non-traditional background, coupled with an adroit packaging of her story for the admissions team,  helped her gain admission to this elite business school.

Image credit: Michael A. Herzog (CC BY-ND 2.0)

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What Does it Take to Get Into America’s Best B-Schools?

This is the age-old question in MBA admissions, and one every applicant wishes they had the inside scoop on. BusinessInsider recently ran two articles attempting to answer multiple facets of this very question, and I shared …

why business school

This is the age-old question in MBA admissions, and one every applicant wishes they had the inside scoop on. BusinessInsider recently ran two articles attempting to answer multiple facets of this very question, and I shared my thoughts with them based on SBC’s more than 15 years of experience in MBA admissions.

For instance, one often overlooked way for candidates to improve their application is by paying much closer attention to how they manage their MBA recommenders. A lot of people think they can just hand off their recommendations and off you go, but you really need to manage that process – that’s part of management, which is the type of school they’re applying to.

Educating your recommender and letting them know your strategy and reminding them accomplishments and things you’ve done that back up your branding themes of your application is really important!

Don’t expect your recommenders to remember every great thing you’ve done, and definitely don’t leave this process to chance. If you haven’t yet done so explicitly, remind them of the strengths you would like the letter to vouch for – such as leadership skills, teamwork, passion – as well as anecdotes that support those characteristics.

In fact, proven leadership is another non-negotiable when it comes to applying at the top business schools. Candidates need to show how they went a step farther than the expected to actively lead and attract other members to their groups.

At Stacy Blackman Consulting, we do a lot of thinking about leadership – what is leadership, how best to showcase it, why it matters, and more. After all these schools are grooming overall leaders, not just number-crunchers, marketers or statisticians.

The admissions team also wants to see a wide array of experiences, so that means applicants should demonstrate their leadership qualities in whatever drives their passions, whether that be in their friendships, in the classroom, or in their athletic endeavors.

If you’d like to learn more, just follow the links above to read the articles in BusinessInsider.

You may also be interested in:

Ace Your Harvard Business School Interview
Six Steps to Acing Your Stanford GSB Interview
7 Qualities of the Ideal Wharton MBA

Image credit: inertia NC (CC BY-NC-SA 2.0)

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Ace Your Harvard Business School Interview

Harvard Business School interviews just 25% of applicants each season. On the bright side, HBS admits about half of interviewed candidates, so if you can successfully pass this hurdle in the application process, your chances …

HBS interview tips

Harvard Business School interviews just 25% of applicants each season. On the bright side, HBS admits about half of interviewed candidates, so if you can successfully pass this hurdle in the application process, your chances of admission skyrocket.

As I explained in my recent article published in Business Insider, the admissions team seeks applicants who can demonstrate that they share the values central to HBS culture: passion, self-awareness, maturity, integrity, focus on solutions, high-impact leadership, and case-method compatibility.

While you can’t predict which specific questions will come up during your interview, you can expect the types of questions to fall into three broad categories representing your past, present, and future. The interviewer will probe in great depth about your career goals, professional choices, and interest in the MBA program. He or she will be very familiar with your essays — so familiar, in fact, that your interviewer will seem determined to find a “hole” in your story.

The anecdotes you share about your past experiences — both successes and failures — will give the interviewer some insight into your self-awareness and maturity. Your story should reveal how you confront life choices, the values and principles that help you negotiate complex situations, your beliefs, and your worldview.

Expect to receive a number of questions that will help interviewers gauge how life has tested you, and how you responded to that test.

As you prepare for the interview, focus on the experiences, anecdotes, and answers that will showcase your strengths. To learn exactly how to successfully wow your interviewer for a shot of admission at this ultra-elite school, click on over to Business Insider to continue reading my article with the best HBS interview tips.

You may also be interested in:

5 Tips for Harvard Business School Applicants
Advice for the Harvard Business School Admissions Essay

Image credit: Flickr user Florian Pilz (CC BY 2.0)

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Show Me the Money: Highest Paying Consulting Firms for New MBAs

As you know, consulting is a top industry of interest at business schools around the globe. Few career paths can match consulting when it comes to providing exposure to a wide variety of projects, geographical …

As you know, consulting is a top industry of interest at business schools around the globe. Few career paths can match consulting when it comes to providing exposure to a wide variety of projects, geographical areas, company cultures…and then there’s the handsome compensation package to boot.

How handsome, you might ask? A recent article in BusinessInsider lists the highest paying consulting firms for newly minted MBA graduates using data supplied by Management Consulted, a company that helps candidates land consulting jobs.

To determine the top salaries earned by graduates in their first year out of b-school, Management Consulted pored over data from clients, spoke with industry insiders, and reviewed real offer letters from readers.

The Top Ten Highest Paying Consulting Firms

10. Strategy&
Total compensation: up to $204,900
Signing bonus:$25,000
Base: $152,000
Relocation:up to $3,000
Performance bonus: up to $24,900

9. KPMG
Total compensation: up to $205,000
Signing bonus: $35,000
Base: $140,000
Relocation: up to $5,000
Performance bonus: up to $25,000

8. EY
Total compensation: up to $206,700
Signing bonus: $25,000
Base: $145,000
Relocation: up to $5,000
Performance bonus: up to $31,700

7. Bain & Company
Total compensation: up to $215,000
Signing bonus:25,000
Base: $148,000
Relocation: up to $5,000
Performance bonus: up to $37,000

6. Parthenon-EY
Total compensation: up to $216,000
Signing bonus: $35,000
Base: $170,000
Relocation: up to $2,000
Performance bonus: up to $9,000

5. Deloitte
Total compensation: up to $221,250
Signing bonus:$25,000
Base: $149,000
Relocation: up to $2,500 if local; $10,000 otherwise
Performance bonus: up to $37,250

4. McKinsey & Company
Total compensation: up to $221,500
Signing bonus: $25,000
Base: $152,500
Relocation: $2,000 to $9,000
Performance bonus: up to $35,000

3. Accenture Strategy
Total compensation: up to $224,900
Signing bonus: $25,000
Base: $147,500
Relocation: up to $8,000
Performance bonus: up to $44,400

2. A.T. Kearney
Total compensation: up to $226,100
Signing bonus: $25,000
Base: $147,000
Relocation: up to $10,000
Performance bonus: up to $44,100

1. Boston Consulting Group
Total compensation: up to $229,100
Signing bonus: $30,000
Base: $147,000
Relocation: $2,000 to $8,000
Performance bonus: up to $44,100

According to Management Consulted, after working in the firm for over a year, one can typically expect a 12-20% increase in total cash (base + performance bonus). After working 2-3 years in a consulting firm, one either leaves the consulting firm or is promoted.

“Consulting salaries have been bullish for the past several years and the trend has continued into 2017,” Management Consulted concludes.

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No. 1 Trait HBS Looks for in MBA Applicants

Do you have an idea about what the number one characteristic the admissions team at Harvard Business School is looking for in MBA applicants? I recently shared my thoughts on the subject with Business Insider, …

HBS applicantsDo you have an idea about what the number one characteristic the admissions team at Harvard Business School is looking for in MBA applicants? I recently shared my thoughts on the subject with Business Insider, based on my 15 years of experience advising clients on how to position themselves when applying to the world’s top business schools.

It may not surprise you to learn that the most important trait the AdCom looks for is high-impact leadership, or what I call the “big kahuna” at HBS.

When evaluating your leadership potential, the admissions committee will be looking for evidence that you have made a positive impact on the communities of which you’ve been a part, both personally and professionally. However, it’s not about the scale of your achievements – rather, it’s the fact that you left indelible footprints.

Click on over to Business Insider to read more about what I believe are the 10 traits Harvard Business School looks for in the ideal MBA candidate.

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

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