Tag Archives: MBA application

Submitting Your MBA Application in Round 1 or Round 2

Maybe you think you’re too old, or too young for an MBA. Maybe you need more extracurricular activities or to increase your quant skills. Or maybe the stars are aligned and you’re ready to apply …

which roundMaybe you think you’re too old, or too young for an MBA. Maybe you need more extracurricular activities or to increase your quant skills. Or maybe the stars are aligned and you’re ready to apply this year for entry in Fall 2018. Regardless of your situation, if you’re starting your application now, one of your first decisions is whether to try for Round 1 deadlines or wait for Round 2.

Take a moment to consider our former client Michael, who was working with one of our experienced consultants on his Stanford Graduate School of Business and Harvard Business School applications when I was asked to take a look at his essays and provide a second opinion with approximately two weeks left before his round one deadlines.

Michael had several great stories about his achievements at work, his unique family background, and his extensive volunteer activities. He had a lot of great raw material in his essays, but it needed a bit more polishing to really shine. After conferring with Michael’s primary consultant, we decided that though Michael strongly preferred to apply in Round 1, our professional advice was to apply in Round 2.

If you can apply in Round 1 there are definitely advantages for you personally. You have more time to prepare for school. You have less uncertainty around winter vacation time. And you can start networking with your classmates early. If you have a solid application ready to submit in October, it’s an excellent time to do so. One advantage we don’t necessarily see is an increase in your chances of admission.

It’s true that less people are ready to apply in Round 1. At the same time, the most prepared applicants are applying in Round 1. These are the people who beat the GMAT months ago and have been prepping their recommenders all summer. Or, they might be reapplicants who have already been through the process once. In our experience these factors tend to balance themselves out, and so we advise that our clients apply in the round that allows them to put together their best possible application.

Michael took our advice and spent another three weeks polishing his essays and preparing his recommenders to write great letters for him. That extra preparation paid off; he was admitted to HBS in Round 2.

The truth is that the admissions committees know what they are looking for. They’ve become pretty good at estimating numbers, and evaluating and accepting applicants that fit their criteria. The best strategy is not to play the game of which round, but to submit your application as soon as, but not until, it is ready.

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How to Structure Your MBA Resume

Most MBA programs require a resume submission as part of the written application, and members of the admissions team have often told us that in their estimation, the resume is just as important as the …

MBA resumeMost MBA programs require a resume submission as part of the written application, and members of the admissions team have often told us that in their estimation, the resume is just as important as the essays.

This single-page document should highlight important aspects of the candidate’s career trajectory thus far, but applicants frequently miss this extra opportunity to stand out from their peers.

Keep in mind that the reader of your MBA resume has different expectations than the person hiring you for an investment banking job or an engineering position. When crafting this version of your resume, distill your experiences down to a few meaningful lines of text, regardless of whether you submit a stand-alone CV or transfer that information to the application.

Rather than focus on specifics, admissions representatives want to see skills that are transferable to almost any industry. Revise your resume to highlight aspects considered important to an MBA program, such as the fact that you collaborated with an international team, or developed and trained others on a new analysis technique.

Many applicants include an objective at the top of their resume. However, in the context of the MBA application process, everyone has the same objective: to go to business school. Thus, the mission statement is irrelevant and a waste of valuable real estate. Also, avoid a resume that’s chock-full of jargon; instead, use the same language as the admissions committee.

In addition to telling the chronological story of your academic and professional career, focus on supporting three things: demonstrating growth and progression, showcasing leadership and highlighting other “MBA relevant” skills. These include traits like strong teamwork, collaboration and innovation.

Demonstrate that over the course of your career, you have picked up new skills, assumed new responsibilities and developed as an individual. Emphasize that others have recognized this growth. If done effectively, the resume reviewer can develop a good grasp of your abilities and responsibilities and understand how you have progressed in your career.

It’s also important to note if you manage one or more people. Even if you informally supervise and mentor someone, it’s worth including on the resume. Mention if you’ve taken a lead in recruiting, as it means you’re acting as the face of your company. This demonstrates that leaders at your company respect you and trust that you will represent them well.

Never underestimate the power of a well-executed resume.  And remember: resume details can also serve as icebreakers, or fuel the conversation during those business school interviews down the line.

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Dos and Don’ts for Choosing MBA Recommenders

So many people think choosing a well-known or prestigious individual will be the ticket to acceptance at the b-school of their dreams. The key when selecting recommenders is to think about about their placement in …

So many people think choosing a well-known or prestigious individual will be the ticket to acceptance at the b-school of their dreams. The key when selecting recommenders is to think about about their placement in your life. Can they write about you thoughtfully and with enough insight so that the admissions committee can get an authentic feel for you as a person, as well as your skills and capabilities? Truly, the prestige of the recommender is not important.

Professional recommendations are best

In most situations, current and recent supervisors are the best choices because they can speak to your current skills, values, and work ethic as well as future potential. Also you should choose professional references instead of professors. Schools can see your educational background from transcripts and test scores; for that reason a recommendation from a professor won’t add much to your profile. Supervisors who have worked with you recently can elaborate on the aspects of your character that aren’t seen in resumes, transcripts, and scores.

Take a look at this excerpt from a recent post on the MBA Voices blog at Harvard Business School written by second-year student Ali Hassan, in which he describes how he chose his HBS recommenders while at McKinsey:

“When it came to recommendations, I was seeking two types of people.  First, I wanted someone who had worked very closely with me, and had a micro-level view of my skillset in day-to-day work. That person would be able to provide great insight, and back it up by pointing to specific experiences they’d had with me.
Second, I wanted someone who had a macro-level view of my work performance over time, with different teams, and across various work settings. If the first recommender provided depth, this one provided breadth. He was able to give a more comprehensive, long-term view of consistent patterns of strengths and weaknesses that I had as I worked with different teams, on different projects, and in different industries.”

People who know you well are best

Choose recommenders who know you well and can provide specific examples that speak to your personality, character, and values. Many applicants are tempted to ask their CEO or a famous school alum to write a recommendation.  If the CEO of your company is your direct supervisor and knows you well, then he/she is the right choice.

However do not skip several levels of hierarchy just to have the CEO write your recommendation. In fact, most schools specifically request your current supervisor as a reference, recognizing that this person is the most familiar with you and your work style. If for some reason you cannot have your current supervisor write your recommendation, you can submit a quick note to schools explaining why — eg, you just switched roles and have a new supervisor, you are not comfortable informing your place of work that you are applying to school.

Impress recommenders

Ideally you have already impressed your recommenders over the past few years with your performance. However, you want to be especially aware this spring and summer to demonstrate your leadership, initiative, maturity, and self-awareness. Your recommenders should see that you are ready to take the next step in your career by going to business school.

Build your relationships

Though the deadlines are still many months away, it is important to start thinking now about who your recommenders will be in order to build your relationships with them. Your recommenders should be invested in your future and enthusiastic about helping you reach your goal of getting into business school.

Though you don’t need to tell your recommenders right now that you want them to write a reference, you can take time this spring to make them mentors. Find opportunities to discuss their career path and ask their advice in order to involve them in furthering your career. Then it will seem natural for them to write your recommendations this fall.

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3 Signs You Shouldn’t Apply to Business School in Round 3

This post originally appeared on Stacy’s “Strictly Business” MBA Blog on U.S.News. Everyone has an opinion about submitting an MBA application in round three, and a lot of the conversation circles around how competitive it …

MBA application

This post originally appeared on Stacy’s “Strictly Business” MBA Blog on U.S.News.

Everyone has an opinion about submitting an MBA application in round three, and a lot of the conversation circles around how competitive it is. If you tried your best but you just couldn’t pull together all of your business school materials before round two deadlines hit, you might wonder whether round three is the answer.

By the time the final admission round starts, admissions committees have seen thousands of qualified applicants in the first two rounds, have a fairly good idea of what the incoming class will look like and also compiled a waitlist of additional qualified candidates.

Before round three closes out, a certain percentage of people admitted in the first two rounds will have already committed to a program. In short, precious few spots remain when the admissions committees finally turn their attention to final-round applications.

As such, deciding whether to apply in the final round requires serious reflection and sound reasoning. Consider these three signs that you should not apply to business school in round three.

1. You had no luck with earlier round applications. This is a guaranteed red flag that your MBA application needs more work, and applying in the final round will likely yield the same results.

It’s a huge mistake to think that fewer applicants in round three means less competition and better chances of admission. As we’ve mentioned before, successful round three applications offer the schools something that has truly not appeared in applicants from the previous rounds.

The admissions committees know what they need to round out the class. They have become good at estimating numbers and evaluating and accepting applicants who fit their criteria.

Only the strongest, most compelling candidates make the cut, so if your applications didn’t generate sufficient interest in earlier rounds, they certainly won’t amid the exceptional candidates at the end of the season. Instead, you should regroup, restrategize and apply again next year.

2. Your test scores are middling and you’ve only tested once. The majority of applicants plan to take the GMAT or GRE a second time if their initial test scores aren’t in the 80-percent range for their target MBA programs. Like it or not, test scores greatly influence admissions decisions. As we’ve discussed in prior posts, preparing early and adequately for the entrance exam is critical.

While each year we hear of that miracle case where someone gets into Harvard Business School with a 650 on the GMAT, it’s likely that the person’s profile was so extraordinary in every other way that it offset the low score. Devote ample time to test prep this spring and bring that crucial application component in line with what the admissions committee expects to see from successful candidates.

3. You’re rushing to get all of your materials together. The golden rule in MBA admissions is apply only when your application is as strong as possible – and not a moment before.

Maybe projects at work have kept you ultra-busy these past few months. Perhaps one of your recommenders seems less enthusiastic about your b-school plans and you need to find a new one. Or maybe you just haven’t devoted as much time as you’d like to those important extracurricular interests that the admissions committee loves to see.

Think of every part of the MBA application as precious real estate. If you’re rushing any one component just to get everything submitted on deadline, the quality will suffer.

Take a breather, get your materials together in a thoughtful manner and wait for round one deadlines. This extra time will allow you to approach the application more strategically, and will certainly yield a more positive outcome than a sloppy last-round application will.

Finally, if you do decide to throw your hat in the ring, be sure to have a Plan B in case things don’t go your way. Developing resilience is incredibly important if you need to reapply, but it’s also essential in life.

Even when you put your best out there, you might still fail. However, to be successful, you need to learn how to bounce back and try again.

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Mapping Out Your MBA Application Timeline

Once you’ve decided to pursue an MBA, you’ve got your work cut out for you. Applicants need to fit studying for the GMAT, visiting schools, and developing essays in with other personal and professional commitments. …

MBA timelineOnce you’ve decided to pursue an MBA, you’ve got your work cut out for you. Applicants need to fit studying for the GMAT, visiting schools, and developing essays in with other personal and professional commitments.

If you’re planning to apply to business school in the fall, come up with a game plan for completing the admissions components within a schedule that doesn’t necessitate sleepless nights and a jumbo bottle of Maalox. The best way to do this is to put together your MBA application timeline several months before your target deadlines.

Community Involvement: Now is a great time to deepen or establish your involvement with a community organization. If you have been involved with outside activities over the last couple of years, consider stepping your activities up a notch. Consider roles that will allow you to take a leadership position and create real impact before September. Offering to organize an event is a great discrete activity that will allow you to work in a team, have an impact, and show results.

Allot time for essays and the GMAT: The amount of time MBA aspirants will spend on their applications will vary, depending on writing abilities and general work efficiency. That said, plan to spend between 40 and 60 hours preparing four to eight applications. Non-native English speakers will also likely need to allot more time on their applications, particularly on writing, revising, editing, proofing, formatting, and inputting essays.

The other piece of this puzzle is, of course, the GMAT. Have you completed the GMAT and are you satisfied with your score? If you still need to take the GMAT, you have a lot of work ahead of you, as applicants typically devote at least 100 hours to test preparation. Depending on where you are in the process, you may have to take a prep class and perhaps take the test more than once. The good news is, Round One is still nine months out so you have time if you get serious soon.

Bolster your quant profile: An undergrad GPA hovering around 3.5 is generally considered fine. If your GPA is a 3.2 or below, or you majored in liberal arts, you may want to consider taking quantitative classes to enhance your academic profile. The MBA canon generally consists of Calculus, Statistics and Microeconomics.

If you took any of those classes in undergrad and scored a C or below you should certainly re-take the classes now. Where you take the class is much less important than the course material and grade (aim for A’s!!). The local community college is a great option.

Structure your work sessions: Some people work most efficiently when they can break up tasks into smaller, more manageable pieces, while others prefer to devote several hours to their writing in one sitting. MBA applicants should be aware of the way they work most effectively and structure their writing and editing sessions accordingly.

I typically recommend that candidates allocate two to three hours each time they sit down to work on their essays, particularly for the first few drafts. Essays should be approached holistically; you won’t have a compelling final product if you’ve only snatched 15 minutes here and 30 minutes there.

Conversely, most applicants should also avoid the “marathon session.” Few people are still sharp or creative eight hours into a writing and editing session. If you need to make up for lost time, try breaking it up with a session in the morning and another in the evening.

Allow some distance: Applicants should also build several weeks for reflection and feedback into their MBA timeline. If you can come back to your essays days later with fresh eyes, you’ll often think of a better example or more inspired language to illustrate a certain point. This won’t happen if you’re forced to work at warp speed.

Distributing your writing and editing over a reasonable period also makes it easier for friends, family, or colleagues to provide feedback. It’s unfair to ask someone to turn around comments in a 24-hour period, so provide them with a few days to give you their critiques. Leave yourself adequate time to reflect upon and incorporate their feedback.

The b-school application process is stressful, but careful planning will make the experience manageable and help you channel your energies into continually improving your candidacy until the moment you submit your applications.

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