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GMAT Review

May 6, 2011

The New MBAs Who Are Changing the Definition of Leadership

This article was originally published in Forbes Woman. You can see more at this link.

If someone were to ask which countries in the world have more women than men preparing for their MBA by taking the Graduate Management Admissions Test, you might guess the U.S. or Sweden or even Iceland.

You’d be wrong – in fact, more women than men are taking the GMAT in China, Russia, Vietnam and Thailand.

This represents an amazing trend… not only are hundreds of thousands of women preparing to embark on a serious business careers, but they are coming from some countries that have historically seen relatively few women in executive and leadership roles.

This trend is quite a bit different from when I entered business school in 1980.  A generation ago, my class at Harvard Business School comprised 21% women – a number now which has grown to 36% – still low.  Apple launched its initial public offering with a split-adjusted price of $2.75 (now $351). Charles and Diana were about to be wed, China’s Gang of Four had yet to be tried, Margaret Thatcher and Ronald Reagan were about to define a decade.

Thirty-one years ago, most women who are now applying to business school weren’t even close to being born. Their parents likely had no inkling that their future female offspring would be sitting at a computer taking an English-language standardized test in hopes of embarking on a career in business. They had no idea that these eventual young women would be stepping into a formal program with the goal of walking out with an MBA.

What has changed, and will continue to change, is twofold: women are starting to look at themselves as leaders, and the definition of leadership has changed. Business schools today are not just looking for managerial potential, but are looking for different kinds of leaders:  principled change-makers who show up in the world.

Much More than Management

But many women still believe they cannot gain acceptance to an MBA program because they think they have not yet held a high-ranking title in their company. Or have not managed a team of subordinates.

“Leadership encompasses much more than managing people,” wrote Rose Martinelli, former director of Admissions at the University Of Chicago Booth School Of Business.” Business schools are now equating leadership with influence, or the ability to motivate others toward a shared goal. Stanford Graduate School of Business’ recommendation form includes a “Leadership Behavior Grid” with traits such as initiative, influence and collaboration, developing others, and trustworthiness. Dartmouth’s Tuck School of Business defines leadership as “the ability to inspire others to strive and enable them to accomplish great things.” And Wharton places its leadership programs “at the heart of MBA life.”

Leadership can mean anything from running a classroom to being the idea person in your work team. From standing up for an unpopular position, to organizing a food drive. In a nutshell, leadership is about finding the passion inside and acting on it – and that’s what these amazing women from unexpected countries are doing by taking the GMAT and believing in their own leadership potential.

The Essence of Leadership

Furthermore, business schools are actively searching for what women have been known for traditionally: Emotional IQ.  In a seminal article published in a 1998 Harvard Business Review article, entitled, “What Makes a Leader,” Daniel Goleman attempted to answer the question with the attributes of effective leaders.  Goleman, who popularized emotional intelligence with his book of the same name, wrote, “It’s not that IQ and technical skills are irrelevant,” he says. “They do matter, but mainly as ‘threshold capabilities.’ But … emotional intelligence is the sine qua non of leadership.”

Emotional intelligence is what separates good leaders from great ones.  And business schools want to see people with the raw material to produce nothing less than great leaders.  “We educate leaders who make a difference in the world,” proclaims Harvard Business School’s mission page.

Women are training up, getting their technical chops in order, and are ready to take the next step. They will both influence and be influenced by what is being taught in the leadership component of MBA programs all over the world. And you can bet that when this generation of female leaders matures, we’ll see business and enterprises become even more diverse, more embracing of new ideas and creativity than we can even imagine now.  The world is ready.

January 12, 2010

MBA Deadlines for Round 2 Mostly Behind Us

It has been a crazy few weeks -- application deadlines for the most popular application date "Round 2" have come and gone with one significant exception: Harvard Business School.

Indeed, the flagship MBA program has offered potential candidates an extra two weeks beyond Stanford GSB, Wharton and Columbia. Kellogg's deadline is January 14, and NYU Stern, which used to be later in the month, moved its deadline up to January 15.

Dee Leopold, Harvard Business School's director of admissions, put a note up on the admissions blog about HBS's deadline. She offers some handy tips on essay word limits (don't go way over, but don't stress over a few extra words), recommender word limits (roughly one page of text, but HBS won't cut it off if it goes over), and she tells us that it doesn't matter whether you submit today or a few minutes before the deadline -- all applications are considered equally.

Note that this is not true for all schools -- Chicago comes to mind as an exception to this rule; Rose Martinelli has indicated that sending earlier in the round is helpful to her team. And then there are the schools like Columbia, which offer a rolling admissions schedule.

Having said all that, if your application was not ready by Round 2, it's not the end of the world. I know of a woman who applied to Stanford, and only Stanford in Round 3, and got in. And I can guarantee you that her resume did not read like a joint winner of the Nobel Peace and Physics prizes.

Here's the link to the HBS admissions FAQ.

Harvard Business School Director of Admissions Blog

Remember, proof, proof and reproof where you can. And once you hit send, make sure you go out and celebrate!

Best of luck to all of you. If you have any questions, feel free to email me. The more 85 Broads we get into business school, the better.

October 3, 2009

Application Tactics for the MBA

So much going on - coaching first-year students at Stanford Graduate School of Business on their Critical Analytic Thinking papers, advising applicants for Round 1 & 2, planning an essay-writing workshop for the Harvard Alumni Club. It's exhilarating.

So instead I will turn to my favorite admissions blogger, Rose Martinelli, Director of Admissions at the University of Chicago Booth School of Business. She reports that it does pay to apply ahead of the deadline at Chicago Booth. That does not mean that it is true in the case of all schools; HBS reps have mentioned that they do not look at anything in advance of the final deadline.

If you are curious about how your top-choice school reviews the applications, there's no harm in asking. Just email the admissions office, or send a question in advance of one of their many chats, and you'll likely get a response.

Here's Rose:

I'd like to address why you might want to consider applying prior to any of our Round deadlines. Since my team will begin evaluating applications at least one week prior to each application deadline, those applications that are submitted (and are considered complete with all required application parts) will be queued up to enter the evaluation process ahead of those submitted on the deadline. This means that you will hear back from the admissions committee regarding the interview process well ahead of those who wait to apply on the deadline, giving you ample time to plan whether you wish to visit campus for the interview or schedule an interview locally with an alumnus/a.

While the deadline for Round 1 is October 14, the deadline refers only to the last date that we will accept applications. So for all of you A-types that are accustomed to getting your work done well in advance of its due-date, I hope this provides you with an incentive to click submit when you've finished rather than wait until the deadline. Happy application writing! Rose

Rose Report

Meanwhile, take a look at some of HBS Admissions Director Dee Leopold's answers to recent questions. (Bearing in mind that the October 1 Round 1 deadline has passed.)

HBS Admissions Blog

Feel free to email me if you have any questions of your own about b-school applications. --Betsy

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