How To Get Into A Good Mba Program – 1 product review based on 5.0 average 1 product review 5 5 stars, 1 product review 1 4 4 stars, 0 product review 0 3 3 stars, 0 product review 0 2 2 stars, 0 product review 0 1 1 stars, 0 product Review 0
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How To Get Into A Good Mba Program
Montauk, an experienced recruiter, demystifies the MBA application process and provides targeted tools to help you succeed every step of the way. It gives a close and honest look at what top schools are looking for in applicants and gives them detailed advice on how to evaluate and improve their qualifications.
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Of the many options, this is the book I recommend. In fact, this is what prepared me for the job interview I have now!
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Abc Of Getting The Mba Admissions Edge (officially Supported By Mckinsey, Goldman Sachs, Bcg, Bain): Mendonca, Alan: 9780953933600: Amazon.com: Books
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A good book with easy to understand strategies for getting into school. It’s full of helpful advice from admissions counselors across the country and even goes into detail about some of the top schools. My only problem is the length…this book is a long read. This book is very useful if your planned admission date is next year.
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Highly Motivated? Why An Executive Mba Program May Be Right For You
We’ve made some improvements to our new page layout with larger images, easier to find information, and more. 1 of 3 Next What can you do to improve your chances of getting your dream MBA? Starting a small business? Or maybe a non-profit? Travel the world to expand your personal narrative? Maybe $10,000 off the course?
If you’re aiming for the Stanford Graduate School of Business, you may be tempted to do all of the above.
“From the classmate who climbed Mount Everest to the person who started a microfinance organization for individual entrepreneurs, these are the people who are your classmates and will eventually become your friends – for life,” Stephen said in a recorded message. Said in, Stanford MBA student. From Belgium who keeps you company while you wait in the lobby.
If you’re not like Stephen and didn’t grow up in Hong Kong, study in the UK and work on four continents before applying for an MBA, you might feel, well, normal. And bad luck.
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That’s why an increasing number of MBAs create an all-expenses-paid strategy in one year, two or three years before applying. After all, they try to stand out from the nearly 200,000 MBA applicants nationwide.
“I wanted to show that I could bring more to the school,” said Radha Roy, who started a company to develop smartphone apps for the GMAT, the tough test that is the first hurdle for MBA applicants. “I’m showing it from the beginning because there’s no risk in my regular job.”
The bet paid off: A 28-year-old computer scientist from India was accepted into the University of Chicago’s Booth School of Business despite scoring below the school’s average on the GMAT test. According to the school, of the 4,299 full-time MBA applicants at Booth in 2010, 22 percent were accepted. The full cost is about $85,000 a year, not including lost wages. A full-time MBA program typically lasts two years.
Experts say the sacrifice is worth it. Joining a highly ranked MBA program, such as one of the top 15 in a Bloomberg Businessweek survey, can pay off handsomely in your career.
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To help applicants get into top schools, including Stanford, Booth, the Wharton School, the University of Pennsylvania, Harvard, Northwestern’s Kellogg School, and Duke, Barry promises to boost their GMAT scores. Increases – for a small fee.
In fact, a study published by Bloomberg Businessweek found that graduates of top MBA programs earn about $1 million more over their careers than graduates of lower-ranked programs.
Barry’s pitch has a very basic appeal. He says an MBA is a “gateway” to the best-paying jobs. He says it’s a degree that’s mostly “for people who want to be successful and go to Wall Street and make a lot of money.”
So why not spend $10,000, or 1 percent of that extra $1 million in expected lifetime earnings, to secure a place at a school where you’ll maximize that access?
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Mark Ann, for example, graduated from Wharton with a BA in 1986 and went on to have jobs at Goldman Sachs, a prestigious investment bank, and Brentwood Associates, a private equity firm. In 1990, he left Brentwood to pursue an MBA from Harvard Business School. He opened the door to the Carlyle Group, an even more prestigious and well-paid private equity firm.
Ann, who now runs her own investment firm based in the county, says it’s not just about the money. “I want to spend two years forgetting myself and thinking about business,” he says.
However, he quickly realized that he was in the minority. “During my first week at Harvard Business School, I got a call from a sophomore who said he wanted to work at Brentwood Associates and asked if I could help him,” she recalls. After talking for five minutes, the student asked him, “Why did you leave?” Everyone wants to go here and work there.
So it’s no surprise that GMAT tutors like Barry can charge $10,000 a person to help applicants get into schools like Wharton or Harvard, schools that regularly attract 7,000 or more applicants and 20 Less than a percent accept.
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Likewise, there are at least 25 MBA recruitment consultants worldwide who coach students on other aspects of their application, such as essays, interviews and letters of recommendation. With names like Clear Admit, Admissions Consultants, and Stacy Blackman Consulting, many are helping applicants rethink how they market themselves to business schools. Their guidance can often be the difference between an acceptance confirmation and a rejection letter.
Graham Richmond, founder of Claire Admit, helped a client get into Wharton by convincing her to drop the energy deal essay she was working on and focus on something else: gun shooting. . The Texas-based private equity firm she worked for was a male-dominated environment where senior management preferred to talk business at the shooting range. So Asian Americans learned to get along by joining them in target shooting.
“I want him to know who’s reading the file,” Richmond said. “People are reading these files more than your high school English teacher is reading the colleague sitting next to you at the investment bank,” he said; They care more about who you are than your business experience.
Catherine Bizzella, senior assistant director of admissions at the Wharton School in Philadelphia, doesn’t want to weigh in on whether hiring a $10,000 counselor or tutor is a worthwhile investment.
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“Students are adults,” he says. “We trust them to make a lot of decisions themselves.
A perfect GMAT score, usually in the 700 to 800 range, is not enough to get into an advanced program. Applicants must also demonstrate “extraordinary” qualities, such as management, business or social skills, that set them apart from the crowd.
“Nonessentials are extremely important because they help separate top GMAT applicants and create a diverse classroom,” says George Andrews, associate dean of the University of Chicago’s Booth School.
The bottom line, Andrew said, is
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