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March 20, 2012

Hoop Dreams and the March Madness of Admissions

Waiting to get admitted is enough to drive a person mad. So mad, that it's a wonder that the admissions process didn't grab the name "March Madness" before college basketball did. The expression goes back to 1939, but it has only been used in relation to the NCAA basketball tournament since 1982. (North Carolina over Georgetown by a point).

Not quite the NBA

As an admissions professional, I see many similarities between the two--not just the anticipation, operatic emotions, and decisions rendered in March and April. They are both magnificent, if not dangerous, obsessions. I’ve listed five major similarities below, and a bonus of one big difference. Disclosure: my experience is mostly with the competitive world of MBA and professional graduate programs, but with a little imagination, we can all stretch it to college admissions, job hunting, and anything else with beautifully unpredictable results.

1. Competitive strategy
Like the NCAA basketball tournament, you have to compete to get into the school of your choice. There are more contenders than spots.  Not all talented entrants even qualify.  That’s because the league they come from might be semi-professional, like the ACC or the Big East.   It’s kind of like being a mediocre analyst at McKinsey – you know you are playing with the big boys, but you might not get invited to the Big Dance.

2.  First-round washouts
These days, most selective MBA programs require an invitation-only interview. That means that you might know pretty early on that you’ve been disqualified.   Some highly-seeded teams fall out early – Duke surprised everyone this year.  Still, I’ve seen people who have been dinged without interview from Harvard but got into Stanford.  It’s never rational.

3. The Gamble
Face it. You’ve got some money and pride riding on the outcome: You spend months of time and energy studying for the GMAT or GRE, you have to beg your boss for a recommendation, and if it all works you get bragging rights for a lifetime.  Well, at least until September.  The good news is that you are vindicated, even if everyone else thought you were crazy.

4. Being an expert makes no difference
You can parse the rankings all you want, argue that Kellogg is more prestigious than MIT Sloan or the other way around. That the Economist is crazy to rank Harvard behind … UVA?  No one is objective; not fans, not referees, not players.  Admissions committee members are similarly not entirely objective; they are human too! Like basketball, admissions is much more an art than a science.

5.  You’ll never know until you try
If you don’t play, you can’t win.  And if you lose, you can lick your wounds; but if you want it, you’ll keep trying. You may fire your coach and change your strategy, but you’ll get back on the court. You could be the next Cinderella team. Keep your eye on the ball and you could be in the Final Four before you know it.

Oh, there are some differences. In the case of admissions, you probably never take time away from work to work on an application or check its status, as you might for an exciting game. You probably never talk about it ad infinitum with friends and family, or go out for beers after its all over. And naturally, you don't fork over $150,000 if you win. Last time I checked.

-- Betsy Massar

September 7, 2011

More MBA Schools Accept the GRE & GMAT

Hot off the press,  Kellogg's full-time MBA program now accepts the GRE.  As does Cornell's Johnson School.  Here's the updated list as of September 7, 2011. It's always great to check; it wasn't on the Kellogg website until I emailed and -- voila! There's no harm in asking!

School GRE? Link
Columbia YES Columbia Business School
Cornell YES Cornell Johnson
Darden YES UVA Darden
HBS YES Harvard Business School
INSEAD YES INSEAD
Kellogg YES Kellogg MBA
Mich Ross YES University of Michigan Ross
MIT Sloan YES MIT Sloan
NYU Stern YES NYU Stern
Stanford YES Stanford GSB 
Tepper YES Carnegie Mellon Tepper
Texas YES Texas McCombs 
Tuck YES Dartmouth Tuck 
Wharton YES Wharton MBA
Yale YES Yale School of Management 
Duke MAYBE Duke Fuqua 
Cambridge NO Cambridge Judge
Chicago NO Chicago Booth 
Haas NO UC Berkeley Haas
LBS NO London Business School
Oxford NO Oxford Said
UCLA NO UCLA Anderson 

If you are looking for more schools the ETS link has a full list of MBA programs which accept the GRE.

March 26, 2011

A Treasury of MBA WaitList Strategies and Resources

Quite a few of you are trying now to figure out what to do while hanging out on the waitlist for your top-choice MBA program. It’s a tough position, and I prefer the Wharton model, which doesn’t allow you to add anything. It is so much easier to let the universe do its business. But for those who have to act, I’ve got a few resources for you.  Some are from admissions officers themselves, such as in this YouTube video put together by Vault.com not too long ago.

Another link that I like very much is a podcast from a student who lobbied his way off the waiting list into MIT Sloan. It’s a fun story, and you get really excited for the student, Galen Li, and his enthusiasm.

You can also get some ideas from schools who have been willing to do online chats about waitlist strategies, including UC Berkeley’s Haas School of Business or Michigan’s Ross School of Business, and Cornell’s Johnson School.

Accepted.com does a very good job of managing chat transcripts for a variety of schools. I encourage you to look at Linda Abraham’s recommendations for your actions while on the waitlist, advice which is straightforward and to the point. I know Linda from our work on the Association of International Graduate Admissions (AIGAC.org) board, and she really knows what she is talking about.  I love her #1 recommendation – FOLLOW INSTRUCTIONS.  If the school doesn’t want to hear from you, don’t violate it, and if they do, be judicious.  Stay focused – and don’t overwhelm them with lots of data points. Keep it crisp.

My favorite piece of advice comes from the great Jeremy Wilson, who is a student member of the Northwestern Kellogg JD/MBA admissions committee. His article, "Playing the Waiting List Game," is both thoughtful and action-oriented. Please do remember, however, that his experience is from Kellogg only. But it’s really very cool.

Generally, the waitlisted applicants are considered solid candidates, even star candidates. Now is the time to showcase more subtle aspects of your profile. Be ready to articulate your story again, but this time better. Give them a few golden nuggets you may have forgotten to dig out from your past and put in your essays. Also, distinguish how you stand out from the other number-crunching bankers, consultants, or whatever professional you are and how you can add perspective to the classroom.

And be more introspective the next few weeks, so that you’re better prepared to talk about your leadership or entrepreneurial goals. Instead of using industry buzz words, overused resume verbs, and clichéd MBA language, think more deeply about your leadership style and talk more about stuff that motivates you, what you did, how you felt, and what you learned. And if you’re really up to it, try really spilling your guts a bit more and really putting the details out there—always remembering to stay professional of course—because this might just be your last chance.

March 17, 2011

Business Schools that Accept the GRE or GMAT

More and more business schools are accepting the GRE in lieu of the GMAT these days. In response to a query I received from the academic adviser to students at one of the world's top undergraduate schools, I thought I would put together a handy table for you to identify which schools accept either the GRE or GMAT. Below you can see that many do, but not all.

SCHOOL

GRE?

LINK

Columbia YES Columbia Business School
Darden YES UVA Darden
Fuqua YES Duke Fuqua
HBS YES Harvard Business School
INSEAD YES INSEAD
Mich Ross YES University of Michigan Ross School
MIT YES MIT Sloan
NYU YES NYU Stern
Tuck YES Dartmouth Tuck
Stanford YES Stanford GSB
Wharton YES Wharton MBA
Yale YES Yale School of Management
Chicago NO Chicago Booth
Cornell NO Cornell Johnson
Haas NO UC Berkeley Haas
Kellogg NO Kellogg
UCLA NO UCLA Anderson

If you have any questions about updates to this information, please email me at betsy@masteradmissions.com

A few notes: Cornell does not indicate it accepts the GRE, but they haven't said they *don't* accept it, as Haas and Chicago Booth have. UCLA Anderson's MBA program doesn't accept it, but their Executive Program does.

Further, things do change! so please check the links and make sure the information you have is current.

Meanwhile, if you need any advice on studying for standardized tests, please see last week's blog post on test anxiety and your brain.

September 13, 2010

Bay Area Admissions Events - Updated!

Now that it's September, the MBA admissions visits are in full swing. I've updated the list to include some additional schools, and expanded the list to include Peninsula events. The list is still a work-in-progress, and I hope to keep updating it.  Please note also that I added an Essay Workshop that I will be leading on Sept. 22 in San Francisco.

I hope to see you at some of these gatherings -- they should be fun and helpful as you make your choices.  Meanwhile, if you have any questions about business school, applications, or what to do next, please email, and let's talk about it!
Date
Business School
Time
Location
Registration & Info
Starting 8/30/2010
UC Berkeley Haas (Full-Time)
1:00 pm -
2:00 pm (daily)
UC Berkeley                   Haas, Room C250
9/8/10
UC Berkeley Haas (Part-Time)
6:30 PM
Hyatt Regency Santa Clara
5101 Great American Pkwy
9/13/10
Tuck
7:00 PM
Stanford Court Renaissance, 905 California, SF
9/13/10
Kellogg
7:00 PM
Marriott Santa Clara, 2700 Mission College Blvd
9/15/10
Kellogg
7:00 PM
PG&E, 245 Market St, SF
9/16/10
UC Berkeley Haas Part-Time
6:00 PM
Grand Hyatt San Francisco, 345 Stockton St.
9/20/10
Stanford GSB
6:00 PM
Bishop Auditorium
GSB Campus
518 Memorial Drive, Stanford
9/22/10               
Master Admissions' Essay-writing workshop
6:30 PM
Citizen Space, 425 2nd Ave., SF
9/23/10
Chicago Booth
7:00 PM
PG&E, 245 Market St, SF
9/29/10
Yale
6:00 PM
Wells Fargo Bldg. 420 Montgomery St., SF
9/29/10
Haas Part-Time
6:30 PM
Hyatt Regency SF Airport, 1333 Bayshore Hwy, Burlingame
10/6/10
MIT Sloan
6:30 PM
JW Marriott, 500 Post St. SF
10/7/10
MIT Sloan
6:30 PM
Sheraton Palo Alto Hotel, 625 El Camino Real
10/12/10
NYU Stern
7:00 PM
TBD
10/14/10
Mich. Ross
TBD
TBD
10/25/10
UVA Darden
TBD
TBD
11/10/10
UC Berkeley Haas (Full-Time)
6:30 PM
Wells Fargo Bldg. 420 Montgomery St., SF
Ongoing Mondays & Fridays
Stanford (on campus in Palo Alto)
11:45 am - 1:00 pm
GSB South Building, Room S151
*Dates TBD
Stanford GSB in SF, NYU Stern in Palo Alto

Group events:

9/12/2010: QS World tour note -- LBS' only scheduled SF visit
9/14/2010: Forte Forum -- note: INSEAD only scheduled SF visit
9/26/2010: MBA Tour -- note: see UCLA here or the Forte Forum

July 27, 2010

Upcoming Bay Area MBA Admissions Events

This is that time of year where you have your pick of many events. .  It's not too early to start talking to MBA admissions officers, and to help you plan your events, I've posted below a list of receptions that are already on the calendar.  Below the list of individual school events, I've added below the group panels and fairs that might also be interesting. Please note that this list is not exhaustive, and I will be updating it.

I hope to see you at some of these gatherings -- they should be fun and helpful as you make your choices.  Meanwhile, if you have any questions about business school, applications, or what to do next, please call, and let's talk about it!

Betsy Massar
Master Admissions

8/10/10
Date
Business School
Time
Location
Registration & Info
7/28/10
Harvard
6:30 pm
Gap, 2 Folsom St., SF
8/4/10
Wharton
7:00 PM
Yahoo! 710 1st Ave, Bldg C, Sunnyvale
8/5/10
Duke Fuqua
7:00 PM
JW Marriott Union Square, SF
8/5/10
Mich.- Ross Women's event
6:30 PM
SF Marriott Marquis, 55 4th St, SF
8/10/10
Wharton
7:00 PM
Wharton West, 101 Howard St., SF
8/12/10
UC Berkeley Haas (Part-Time)
7:00 PM
UC Berkeley Haas, Room C230
8/18/10
Columbia
6:30 PM
TBD
Starting 8/30/2010
UC Berkeley Haas (Full-Time)
1:00 pm -
2:00 pm (daily)

UC Berkeley Haas, Room C250

9/13/10
Tuck
7:00 PM
Stanford Court Renaissance, 905 California, SF
9/23/10
Chicago Booth

7:00 PM

PG&E, 245 Market St, SF
9/29/10
Yale
6:00 PM
Wells Fargo Bldg. 420 Montgomery St., SF
10/6/10
MIT Sloan
TBD
TBD
10/14/10
Mich. Ross
TBD
TBD
10/25/10
UVA Darden
TBD
TBD
11/10/10
UC Berkeley Haas (Full-Time)
6:30 PM

Wells Fargo Bldg. 420 Montgomery St., SF

Ongoing Mondays & Fridays
Stanford (on campus in Palo Alto)
11:45 am - 1:00 pm
GSB South Building, Room S151
*Dates TBD
NYU Stern, Kellogg, Stanford (in SF)

Group events:

8/16/2010: Penn Club event with Harvard, Kellogg, MIT Sloan, Stanford, Wharton
9/12/2010: QS World tour note -- LBS' only scheduled SF visit (so far)
9/14/2010: Forte Forum -- note: INSEAD only scheduled SF visit
9/26/2010: MBA Tour -- note: UCLA only scheduled visit (so far)
If you have any questions about the lists above, please let me know,

Betsy Massar
Master Admissions

April 19, 2010

10 Tips for Getting into Business School — Tip 2 Take Inventory

Welcome to the second of my 10-Tip series to help you in your campaign to get into business school. The first tip encouraged you to start early – because indeed, it is a campaign, and the earlier you start thinking about the whole process, the easier it will be to put this massive project together.  I cannot recall anyone I have ever met in my life who has said, after all is said and done, “That was a lot easier and took a lot less time than I thought!”

Tip 2 encourages you to take inventory. Business school admissions committees look for self-awareness, and what better way to figure out what you’ve already got and what you need, but an inventory list.  It’s ok to be lacking in certain areas, by the way.  No candidate is absolutely perfect.  Believe it.

Fill in Your Weak Spot: Career Progression

Let’s start with your work experience.  What kind of a track record of success have you demonstrated in your career so far?  You don’t have to have invented the iPad, but you should have made a difference in your work environment.  Were you put on the fast-track? Promoted faster than expected? Were you responsible for changing the way your group does business?  The varieties of ways you can have made a positive difference on your workplace are endless.  The important thing is to identify a pattern of excellence in your nascent career.

Often admissions officers talk about career progression – being able to explain how you went from point A to point B. Does it make logical sense?  If there’s something missing from that progression – say you work for a government entity that doesn’t accelerate promotions – can you gain more responsibility in another way, even if it requires taking on extra work?  Maybe you need to round out your leadership experience by leading a team, inside or outside the office.  If there’s no easy opportunity in the workplace, you can look to your community or entrepreneurial activities to round things out.  Remember to push your own limits – show that you know how to do something that goes beyond what is required.

Fill in Your Weak Spot: Academics

If your grades are good, but not great, you might want to take some business courses to show the admissions committee you know how to sit in a classroom and excel. I’m a big fan of the alternative transcript; I had a terrible undergraduate GPA myself.  Once I focused on what I wanted to do with my life, I took night classes in math, statistics, accounting, finance, marketing, and received all A’s. This not only showed the admissions committee that I had the discipline and smarts to take all these classes and juggle a workload, but that I was interested and committed to a business education.

Even if you have a great quantitative/business background, you might want to round out your education with a course that’s unexpected, like in interpersonal communications, oral presentation skills, or theater.  It turns out that these skills are core skills required of business school students.  For example, Stanford GSB Duke Fuqua and MIT Sloan business schools consider improv part of the curriculum. It may sound crazy, but all of these tools help the geek in us so we can be more creative in our problem solving.

Fill in Your Weak Spot: GMAT Scores

Unfortunately, there’s no substitute for strong GMAT scores, and it helps to score over the 80% percentile on the quantitative portion of the test. (That’s the benchmark Berkeley Haas uses to determine which students need to take a math prerequisite.)  If you haven’t taken a prep course, I highly recommend it. It’s worth the investment.  If you are having trouble, find a tutor to help you learn how to take the test. The test-prep companies have a stable of great people, or you can go to a specialized tutor If you are still having trouble, explore other options like a test anxiety expert.

Inventory Yourself

As you go through the inventory of what you bring to the admissions table, you may find yourself  overwhelmed.  Don’t panic.  Slow it down. If you really want it, but aren’t ready yet, this may not be the right year for you. Performing an inventory tells you how compelling your case is right now.  If you want to beef up your profile, let’s get started.  But you’ve got to first figure out what you’ve got, and what you need.  This end of the admissions process is up to you.

© 2008-2012 Betsy Massar, Master Admisisons, Berkeley, CA. All Rights Reserved.