A message especially for parents and students who are
applying for undergraduate colleges with December 31st deadlines or
MBA applicants aiming at round two deadlines: If you do not have your essays in
the final stages, your recommendations well on their way and your official
transcripts in hand, it’s too late! I am so surprised this year with how many
people are waking up late in the process.
Wednesday, 10 December 2014
Friday, 5 December 2014
Decoding MBA Admission Results
Originally Published in The Hindustan Times Education Supplement
For global MBA applicants, round one results are starting to
come in. Unfortunately it is the rejections that come first. For a lot of
people, plans for getting a Global MBA are part of a lifelong trajectory, the
next step in their professional process.
If your round one MBA application results are not what you
had hoped, there are some useful strategies for moving forward.
The first thing you need to do is step back and look
carefully at your application to try and understand what went wrong. Did you rush
through the application and complete it at the last minute? Maybe you should
schedule your time better on round two applications. Similarly, did you ask
your recommenders too late? Recommenders need ample time and direction to
complete the letters of recommendation if they are to be compelling. We
typically advise applicants to approach recommenders 3-4 months before applying
and to schedule at least two meetings to discuss recommendation content. Also,
have you applied with too little work experience? If so, maybe push your
applications off til next year.
Next, look at your list of colleges. Were you too ambitious?
Were you more focused on winning the lottery than finding the right fit?
Reevaluate your goals and find programs that are seeking students like you.
Sometimes this is a matter of academics that are lower than admitted averages,
but often it is simply a matter of the program not being able to meet your
needs – have you applied to Wharton with a post-MBA career goal of working in
the social sector? Of course Wharton takes a few students in this category, but
very few. They have to keep in mind their placement rates and, for Wharton, it
is much easier to place students in management consulting than the World Bank.
Maybe you applied to Wharton because you think it is not
“worth it” to apply to MBA programs outside the top five. This is a reasonable cost-benefit
analysis for many people. Ask yourself if you really must go to business school, no matter where the program is
ranked. If you cannot stomach the idea of paying up to $100,000 per year at a
lower ranked college, then do not apply in round two and start focusing on
other ways to enhance your professional trajectory.
While there are no guarantees for a successful application
in round two, you can still make a conscious effort to work harder on your
applications this time. Retake the GMAT after proper preparation. Start your
essays early so you can brainstorm and solicit feedback from a wide set of
friends and colleagues. Spend time learning about the different programs. Each
top-business school around the world has a different ethos and mission. Read
blogs like Clear Admit and Poets and Quants to learn more about these
differences and try to network with alumni to understand how they pitch and
position their programs.
Finally if you had an interview call in round one and still
were not admitted, then focus on polishing your interview skills. The best way
to do this is to get someone to conduct a mock interview and record it.
Critique your own interview playback to find areas for improvement and ask a
few others to watch it and give you feedback as a well. This is a simple
exercise, but it adds significant value if you are preparing for interviews.
And finally if you cannot prepare a better application in
round two, then consider waiting until next year. Qualified re-applicants can
be successful if they submit good applications the second time and if there has
been note able career growth. Whatever you decide, do not waste your time and money
submitting a sloppy application. Take your time and do your best.
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