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Stacy Blackman’s Weekly Links

Sunday, March 23rd, 2008

Happy bunny’s MBA Quest offers up a rant this week on Money vs. Reputation, asking who would choose a $100,000 debt over a free ride at a good school?

Marquis’ Weblog… shares a link to an MBA Action Plan created by a friend to help incoming MBA students maximize their business school experience.

Darden One Day at a Time muses over the most memorable highlights from the recruiting season.

What a great school, Angel Angie in London says of LBS, after receiving a lengthy welcome message from the finance professor of an upcoming summer course.

To MBA or Not to MBA reveals what he learned in the process of IM recruiting in this 10-point recruiting recap.

Acting Lessons…Not Just for Thespians Anymore

Friday, January 4th, 2008

What can b-school students learn in a theater class? Plenty, it seems, as a growing number of prestigious MBA programs are including acting classes as an innovative way to boost leadership, communication and presentation skills. In a “Leadership as Acting” course at MIT-Sloan, students perform a condensed version of Shakespeare’s “Henry V”, in which a small group of people with a common goal and an inspiring leader can achieve great things.

Former course participant Kerry Bowie said, “The speech I gave — when Henry rallies the troops and is very persuasive about how they don’t need anyone else to come from England and fight with them — that’s a good speech in terms of motivation.” Bowie went on to explain that “as a leader, sometimes you have to do that. I think that CEOs of starts-ups are saying the same thing. ‘We can do this. We can go and meet the giants.’”

A recent businessweek.com article titled “MBAs Acting Out” says acting classes are cropping up on curriculums at the University of Virginia’s Darden Graduate School of Business Administration, which offers an acting elective where students are asked to write and perform their own plays; Babson College, which has a class titled Acting Skills for Success in Business; and Carnegie Mellon’s Tepper School of Business. Sloan gives its class each fall during its innovation period, a week each semester in which MBAs are encouraged to hone their soft skills through experiential classes.

Acting lessons teach students how to master the non-academic qualities—teamwork, leadership and interpersonal skills—that employers and recruiters are looking for in potential managers. A 2007 Graduate Management Admission Council corporate survey reported that companies that recruit and hire MBA students primarily focus on the candidate’s interpersonal skills during the interview process, with 63% rating interpersonal skills as “very important.”

Dirk Riehle (Stanford GSB 2004) took an improv class because he was curious about how it could help his management skills. Riehle discovered that many of the skills taught in improv theater translate into making better crisis managers. He says both improv actors and crisis managers must be able to think creatively and on their feet in a time crunch; accept input from teammates as relevant contributions; and focus on the task at hand while maintaining peripheral vision to catch new developments.

Across the country, theater groups such as Improv Asylum in Boston, Bay Area Theater Sports in San Francisco, or The Groundlings in Los Angeles offer private workshops for corporations large and small to stimulate teamwork and creativity. Leadership is all about performance, so if you need a little help in this department, shake off your stage fright and consider signing up for an acting class.

From Military to MBA

Monday, November 19th, 2007

Current and former members of the armed forces possess numerous skills that admissions boards value in an MBA candidate. Real-world leadership experience, the ability to strategize and think on their feet, and being able to work well under high-pressure situations are just a few of the advantages a veteran brings to the table when applying for business school. The ability to increase earnings potential and career opportunity is leading many current, retired and reserve military personnel to pursue a graduate degree. Whether the goal is to rise in the ranks or transition into the civilian world, an MBA can provide a competitive advantage for veterans.

Business schools that participated in a Military MBA survey reported, on average, a 48% growth in enrollments of students with military backgrounds between 2006 and 2007, while two schools — the University of Virginia, Darden School of Business and Vanderbilt University’s Owen Graduate School of Management – reported the largest growth in military student enrollments.

Mba.com offers a downloadable MBA planner, Operation MBA, specifically designed for active duty, reserve and National Guard personnel ready to take this crucial step as part of their career plans. The guide includes key information such as why veterans should consider a graduate management degree, how to transfer from a military to academic setting, what types of MBA programs are available, and a timeline to help plan out the application process from start to finish.

Several schools welcome applicants with military experience into their MBA programs. In fact:

  • When allowed by state and university regulations, they will waive the application fee for military persons who have been on active duty within three years of applying.
  • They also have committed to making financial aid available to qualified military personnel who have transitioned from the service in the two years prior to enrolling in their program.
  • They will also provide a one-year deferment if admitted military students’ plans are delayed by their service branch.

For a list of military-friendly schools, and links to participants who offer a unique perspective on how they have used their military background to maximize the business school experience, click here.

Business School Stories

Wednesday, October 10th, 2007

Many prospective applicants count themselves out of the MBA game because they have too many career changes. But not everyone follows a direct path to business school. Businessweek.com currently features A Mistake Leads to Business School one woman’s reflection on how her twists and turns from HR to freelance marketing to yoga instructor to Whole Foods led her to Cornell.

Of course, it is a realistic concern that business schools will think you lack focus if you have jumped from job to job or industry to industry. The key to telling this type of story in your application is to explain yourself. Schools want to understand why you have made these decisions and why business school fits into the plan now. Some of the most interesting and inspiring essays come from applicants with complicated job histories provided they show insight and self-awareness.

For ideas on how to talk about your background, be sure to check out our essay tips for UCLA, Yale, Kellogg, Darden, MIT, Ross, Tuck, Columbia, Haas, Wharton, Chicago, Stanford, and HBS.