Tag Archives: Chicago Booth School of Business

Boothie’s Advice to Early Career Candidates

If you haven’t already checked out the recently re-launched Booth Experience blog, run by students at Chicago Booth School of Business, you’re missing out! For the uninitiated, this blog covers the entire gamut of the …

If you haven’t already checked out the recently re-launched Booth Experience blog, run by students at Chicago Booth School of Business, you’re missing out! For the uninitiated, this blog covers the entire gamut of the Booth community, from daily student life to academics; to recruiting, career services and internships; to student clubs and travel stories, and everything in between.

Even if Chicago Booth isn’t on your short list, there’s a series on the blog that many of our visitors can benefit from reading. The first installment came in early November, when Alex Simon broached the topic, “How do you know when it’s time for an MBA?” Simon was 24 when he started at Booth, and with just two years of work experience, he worried he would be at a serious disadvantage with classmates five to 10 years older than he.

Does that sound familiar to anyone? If so, ask yourself the three questions he raises: Do I have enough experience to succeed and contribute? What benefit will I get out of one or more years of work experience? What’s my career progression with an MBA?  “You’ll avoid a lot of undue recruiting stress if you get a good handle on your options before applying to or starting your MBA,” Simon writes.

Whereas the first post in the series required introspection, the next installment, published last week, turns the tables and brings up some of the key questions MBA applicants should be asking about their target programs.

Simon believes early career candidates need to focus on these three issues: How strong are the career opportunities for early career candidates? How can I contribute to the school? Does the school offer enough diversity to explore multiple interests?

“The way I feel today may not be how I feel ten or twenty years from now, and you can only get an MBA once. As an early career candidate, you should make sure the program you select lets you understand everything that’s out there,” he advises.

Simon’s advice is spot-on, so we’re looking forward to reading his thoughts in the final post of the series, coming soon. In that entry, he promises to share some tips to early career candidates who are considering applying to an MBA program in Round 3 or next season.

You may also be interested in:

How to Determine When the Time is Right for an MBA

Timing Your MBA: Work Five First or Dive Right In?

Posted in Application Tips | Tagged , , , , ,

New Look, Home for Chicago Booth Student Blog

The MBA student blog at Chicago Booth School of Business has a new look and a new home, Kurt Ahlm, Associate Dean of Student Recruitment and Admissions, recently shared. If you’re an applicant who’s interested …

chicago booth MBA application

The MBA student blog at Chicago Booth School of Business has a new look and a new home, Kurt Ahlm, Associate Dean of Student Recruitment and Admissions, recently shared.

If you’re an applicant who’s interested in learning about the Chicago Booth community and student life, check out TheBoothExp.com. From academics to recruiting and career services, student clubs to summer internships, Ahlm promises “the Booth Experience will provide you with unique access and perspective on the daily lives of our students.”

In a recent post, second-year Linda Yan writes about her experience applying to Booth, and it may put some of you at ease as you prepare your Round 2 applications this month. Yan says she was a traditional MBA candidate–no awesome stories about being a member of the Peace Corps, a globe trotter, or an Iraqi war veteran–and that that’s absolutely okay!

Yan writes: “What’s completely overlooked is that by far and away, business schools are full of people like you and me: bright, ambitious young professionals in traditional fields that recruit talented undergrads and train them to be good at analysis and getting stuff done.”

She goes on to explain in detail how she conveyed her story to the admissions committee, conventional goals and all.  Doesn’t that just make you want to exhale a huge sigh of relief?

If Chicago Booth is on your short list, becoming a regular visitor to the Booth Experience blog is a great way to get to know the school better and determine if it would be a good fit for you. Happy reading!

***
Are you receiving the SBC weekly newsletter? Don’t miss out on exclusive offers, actionable tips and guidance, plus special discounts, giveaways and events sponsored by SBC and our partners. Sign up today!

Posted in School News | Tagged , , ,

Tuesday Tips: 2014 Chicago Booth MBA Essay Tips

Chicago Booth is consistently rated in the top echelon of MBA programs in the United States and is known for a strong intellectual community. This application is designed to evaluate candidates on their ability to …

Chicago Booth is consistently rated in the top echelon of MBA programs in the United States and is known for a strong intellectual community. This application is designed to evaluate candidates on their ability to handle the Chicago curriculum, contribute to the community, and grow in their careers. This year Chicago has eliminated most of the essays in favor of the creative and popular PowerPoint presentation question.

Academic ability will largely be communicated through your GPA/GMAT, transcripts and other fixed data points, though intellectual curiosity can be demonstrated in the essays and the interview. Chicago will be looking for demonstrated leadership, team building skills and community involvement, as well as your fit with Chicago Booth and the perspective you will share with your classmates. All MBA candidates are ultimately looking for a degree that will enhance their career. Chicago Booth wants to know about your track record of success, expectations for the MBA, and plans for the future.

Chicago Booth’s open-ended creative presentation or essay confounds many candidates. Whether you choose to write an essay or prepare a presentation, take a step back from the unique format and think about the question strategically. The PowerPoint format simply gives you the freedom to express who you are in words, images, graphics or some combination. The best presentations will be simple, evocative and expressive. Remember, content is far more important than visual drama of presentation. Stacy Blackman Consulting has significant experience coaching applicants through the Chicago creative essay. Contact us to learn more about our strategic approach.

Presentation/Essay: Chicago Booth values adventurous inquiry, diverse perspectives, and a collaborative exchange of ideas. This is us. Who are you?

This creative essay offers you a blank slate to express yourself with any content you choose. When approaching the question focus first on content, and then on delivery.

As your one opportunity to showcase why Chicago Booth is the right place for you to pursue an MBA, think about how you want to present aspects of leadership, teamwork and intellectual curiosity. Perhaps there is a formative work project you would like to highlight. If there wasn’t enough opportunity to outline your core career passions in your resume or through recommendations, this could be a place to illuminate that detail. This is also the ideal opportunity to bring in any aspect of your overall story that may feel personal.

Keep in mind what Chicago Booth represents. Booth is a school with a tradition of intellectual rigor, non-conformity, and innovation. When you introduce yourself to Chicago Booth you can share anything from any context, from work to home to extracurricular activities. Think outside basic essay parameters to aspects like travel experiences or the unique relationships in your life.

If you decide to write an essay response, you have enough space to tell a story that describes something new about yourself. If you decide to prepare a PowerPoint in response to this essay question, refine your story to its key elements. While this year Chicago Booth permits any length of essay or presentation, in prior years the limit has been four slides. To keep a presentation visual and interesting, consider how you will format. Can you use photos? Drawings? If you use words, keep them clear and focused. Take every point up a level, so you are communicating a vision rather than a thesis.

Reapplicant Question: Upon reflection, how has your perspective regarding your future, Chicago Booth, and/or getting an MBA changed since the time of your last application? (300 words maximum)

This reapplication essay question gives you the opportunity to focus on your thinking and development rather than any tangible changes you have made since you last applied. Of course, if you do have new accomplishments like a promotion or higher GMAT score that will be of significant value to your re-application. If you do not have any new, hard changes to your profile, this essay is an opportunity to show that you have done the work to evaluate your candidacy and have made changes this time around. The word reflection is explicit in the question, and the admissions committee will be looking for your thoughtful consideration of Chicago Booth, your future and your MBA plans.

Posted in Application Tips, Chicago Booth Advice | Tagged , , , , , , , ,

Chicago Booth Update on Round 2 Decisions

The admissions team at Chicago Booth School of Business recently updated the Booth Insider blog to let applicants know what’s going on behind the scenes as the department moves into the final stage of the …

The admissions team at Chicago Booth School of Business recently updated thechicago booth MBA application Booth Insider blog to let applicants know what’s going on behind the scenes as the department moves into the final stage of the application evaluation process.

The interview period is now over, and the committee is focused on reviewing each application—which includes a new interview summary—again. The review process at Chicago Booth is a lengthy one and involves the input of several different people in order to arrive at a “fair and holistic” impression of your candidacy, explains Carrie Lydon, associate director of admissions.

Final admissions decisions on Round 2 applicants will be released on March 27th, and applicants can log on to the online application system after 9 a.m. to view their decisions.

If you’re preparing to apply in Round 3, or just have some burning admissions questions on your mind, the Chicago Booth full-time MBA admissions committee is hosting a live Twitter chat on March 19th from noon to 1 p.m. CST. Ask the admissions committee your application questions, or follow @Booth_Insider and use #BoothMBA in your tweets.

You may also be interested in:

Waitlist Guidelines from Chicago Booth, UCLA Anderson

Chicago Booth Admitted Student Profile

Posted in General | Tagged , ,

Waitlist Guidelines from Chicago Booth, UCLA Anderson

While the waitlist may not seem like the ideal status for your MBA application, the good news is you’re still in the running while the school looks more closely at your application package in the …

While the waitlist may not seem like the ideal status for your MBA application, the good news is you’re still in the running while the school looks more closely at your application package in the context of the next round of candidates.

UCLA Anderson School of Management and the Chicago Booth School of Business recently posted advice for Round 1 applicants who have been waitlisted, and since their suggestions are nearly identical, we’re sharing them together in this post.

  • Waitlisted applications are considered in subsequent rounds, so these applications are reviewed side-by-side with those under review from Round 2.
  • Waitlisted applicants will, in most cases, receive an admit or deny decision by the Round 2 notification date. The decision deadline at UCLA Anderson is April 2nd. Final decisions are released on March 27th at Chicago Booth.
  • Some candidates may be invited to remain on the waitlist into Round 3.
  • Both schools offer waitlisted candidates the option of submitting additional information in support of their candidacy.
  • UCLA Anderson would like to hear from you if you’ve improved your GMAT score, received a promotion at work, or had a recent extracurricular accomplishment.
  • Chicago Booth suggests applicants take a closer look at their application to determine any weak points, and reminds waitlisted applicants of the option to submit a short video explaining why you are a fit for Booth.

No matter which school’s waitlist you may land on, make sure every interaction you have with the admissions department adds value to your file. As UCLA Anderson aptly states, quality is more important than quantity. An information overload will likely have a negative effect on your candidacy, so use your good judgement here!

Posted in Application Tips, School News | Tagged , , , ,

Jobs in Finance Will Take a Hit, Says New Recruiting Trends Report

The job outlook for 2014 MBAs keen on working in the financial sector is worrisome, according to Michigan State University‘s new survey of 6,500 employers—the largest of its kind conducted in the United States for …

The job outlook for 2014 MBAs keen on working in the financial sector is worrisome, according to Michigan State University‘s new survey of 6,500 employers—the largest of its kind conducted in the United States for the college labor market.

Phil Gardner, an economist and director of MSU’s Collegiate Employment Research Institute, predicts hiring for new MBAs will drop 25% over 2013 figures due in large part to widespread layoffs in the banking industry. As banks eliminate positions in mortgage units and other departments, Gardner says we can expect to see ripple effects in areas such as real estate and underwriting.

It’s not all doom and gloom, however. There’s good news for other sectors seeing a hiring increase: manufacturing reports gains of 23%, nonprofits are up 11%, education is up 9% and retail is up 2%. MBAs may also be in high demand in the computer science and programming sectors, where more graduates are expected to be hired, the report says.

BusinessBecause checked in with students at top U.S. MBA programs set to graduate in the spring, and found the general mood to be optimistic despite the gloomy employment predictions.

Eric Yang, a second-year MBA student at Georgetown McDonough School of Business, says, “I can say that coming from a top-rated MBA program, there is no major concern that my classmates and I will not find a job; we know the value of the Georgetown MBA and employers know that as well.”

Meanwhile, Alejandro Correa at Chicago Booth School of Business expresses only mild concern about the outlook for those with their hearts set on finance jobs. “But I would argue that for the most part the people from top-ten schools find a way to get into the field they want. I have seen a lot of interest for management consulting this season,” he adds.

Despite the unsettling forecast for this year’s grads, Gardner predicts the labor market for college graduates will continue to improve. “Several years of potential double-digit expansion may be in our immediate future,” he says, noting that “The best jobs will go to the graduates who know where they want to go, know how to get there and have a network of professional relationships they can tap for assistance with their job search.”

Posted in General | Tagged , , , , ,