Date:
Wed, December 03, 2008 01:37:45 AMFrom:
BusinessWeek MBA Express
Subject:
Five Years to B-School: The First Year
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December 02, 2008 |
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MBA Express |
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Six Tips to Help Land a New Job Here's how top career experts say you can improve your job-seeking skills in a worsening economy Sell Now: Harvard MBAs Are Flocking to Wall Street Back on Sept. 19, I blogged about "Harvard's Crystal Ball"-an index created by consultant Ray Soifer that uses the percentage of Harvard MBAs entering "market-sensitive" jobs to determine the future of the stock market. Business Exchange: Business School Share the latest news on business schools and MBAs at BW's Business Exchange area Getting into B-School: Will Fall 2009 Be Worse? From: 2012dreams To: ALL For those of us aspiring to apply next fall, do you think applications will be up even further from this year, about the same level of competitiveness, or slightly lower?------------ From: victory100 To: 2012dreams I'm guessing that next year will be rougher than this year, but it really depends on what happens with the economy. The major financial shake out occurred in October, which was too late to take the GMAT and write-up solid applications - so there will be a big group next year with very polish apps - although I'm sure there will be a nice flood in R2/R3s.------------ From: VP_MBA_Guru To: victory100 I would agree with your assessment. Another thing to consider is the number of reapplicants. One reason (albeit not as impactful as the down economy) for the jump in applications is the significant increase in reapps from last year - which at the time was considered one of the most competitive year to get admission.------------ From: mjking To: VP_MBA_Guru I think that - as long applicant profiles are good, they don't have to worry too much. If you can present yourself well, your stats are above average, you can write nice and polished and convincing essays, the competition won't stop you. Why I say that? Because - if you look at it closely - you see that stats (average GMAT scores, GPA, work exp) are more or less the same in the last two years! It's not like everybody who gets in this year has a 770 GMAT score or a 3.9 GPA in engineering! That's may be true for Indians or Chinese applicants, but that pool has always (and always will be) very competitive! I would be more worried if your profile is that of a laid-off banker working in Wall Street, because this and next year probably many bankers will try to enter MBA programs, and you know how much schools value diversity, hence a lot of them will be rejected. Otherwise, do not worry too much, put your strongest application possible and apply to your dream school! The only thing that makes it more difficult is that GMAT scores at top programs seem to have a lower standard deviation these years. For a top10 program, if two years ago a 680 was acceptable, today a 710 is needed (as long as you are not a former head of state or something).---------------------------------------------------------- Getting into B-School: Interview - Email Thank You's? From: jjright To: All Hey guys,------------ From: Grumppee17 To: jjright It depends. Either an email will be just fine, or you can go a step further and hand-write a note and send it in the day after. As far as a response from the interviewer, he/she might be occupied with other interviews or does not have the time to get back to you. But, it doesn't mean that it signifies a negative interview. Plus, it's the Holidays this week. Everything is always delayed this time around, perhaps your interviewer will reply next week. If not, however, no big deal. View over 4,500 blogs in our MBA Blogs community today! Share your journey, meet new friends, and expand your network. Connect with MBA students, applicants and alumni from Columbia, Kellogg, Notre Dame, and more! Become a blogger today! Here's an excerpt: Progress Report By Susan Miltenberger Comments: 0 Stars: 0FOR THE FULL VERSION MBAs Answer: "What is the most important thing you got out of B-school?" ------------------------------------------- Business fundamentals that allow me to evaluate and value companies. Instant credibility and entrée through name recognition. A network of classmates and fellow alumni that is diverse in function, geography, and opportunity. -U Penn (Wharton) '89; Consultant A higher expectation of myself, both personally and professionally. Learning how to play ice hockey was pretty cool too though. -Dartmouth (Tuck) '97; Internet Advertising Sales Friends, two years to figure out what I wanted to do, a semester in Spain, and a general introduction to a lot of topics I knew nothing about. -Dartmouth (Tuck) '98; Entrepreneur
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