Thursday, May 30, 2013
In my last post I discussed the pitfalls applicants face when discussing long-term goals. In this post I will be focusing on the short-term goal.
I recently had drinks with a former co-worker. She wanted to discuss MBA applications since she will be applying this coming year. She is someone who has the credentials and background to get into a great school, but like many others new to the process, she does not yet have a clear idea of what she wants to do right after an MBA. Although she knows what she wants to do long-term, the notion of figuring out the job she wants post-MBA is still foreign to her. I suspect many are in the same shoes, so I want to lay forth some general guidelines when tackling this in the essays and interviews.
Monday, May 27, 2013
Pretty much every school asks some variation of this standard MBA question: "What are your short and long-term career goals and how will school "X" help you achieve it?" I think a lot of applicants, myself included, make the mistake of taking the question quite too literally, especially as it pertains to addressing the long-term goal. Let me explain what I mean.
Saturday, May 25, 2013
There is perhaps no question on the MBA application I hate answering more than telling schools my precise base salary+bonus. At a basic level, I feel like my privacy is being undermined. But there is also a far deeper concern as it relates to admissions.
Thursday, May 16, 2013
Monday, May 13, 2013
I am generally quite skeptical of admissions consultants and the entire business as a whole. My reasons for this are many, and I'm not going to get into that here. I used a consultant the first time I applied to b-schools, and it was an utter debacle.
Sunday, May 12, 2013
As anyone can imagine, working for a startup has huge risks: big upside but also big downside. Due to its very nature, no one can know for sure how successful a startup will be; much of it depends on a combination of quality of the product, execution, market forces, and luck. There is also risks as it pertains to MBA admissions.
Friday, May 10, 2013
When I got rejected from the top programs this year, a bunch of people told me that I should apply to lower ranked schools as well and expand my target list. Although they certainly mean well, this is something I thought about extensively and decided against doing. This upcoming year I will probably add 2 schools that are slightly lower, but aside from that I am committed to my core target programs. Why am I doing this? Some think I'm being downright stubborn or that my ego won't let me go anywhere else. That is certainly not the case. In this post, I want to outline the reasons why a b-school's prestige matters so much to me. Although certain specifics of my reasons may not apply to others, I do think the general principles outlined here could apply to all MBA applicants.
Wednesday, May 8, 2013
Since getting admitted to the finance masters program, I have been doing tons of research and talking to alums about the program. It's pretty interesting how much more access I have as an admit as opposed to a prospective.
Sunday, May 5, 2013
I was recently accepted at a top finance masters program. The admissions director called to congratulate me; however, I felt nothing. I had to fake being excited, and the conversation was rather awkward. I had applied to the program as a "hedge" in case nothing else worked out, hence my feeling of apathy. If I had gotten into a top MBA program, there is no doubt that I would have gone nuts during the phone call with admissions, and I would have wept tears of joy. Alas, that was not to be this year, but the fight goes on!