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April 10, 2010

What is An Accelerated MBA?

Accelerated MBA programs, also referred to as One Year MBA Programs, are full-time MBA programs that generally take between 12 to 15 months to complete. The term “accelerated” refers to the fact that students are able to complete these programs faster than a traditional full-time MBA, which typically requires a two year commitment. While accelerated programs are a relatively new phenomenon here in the U.S., most European MBA programs have traditionally followed this format.

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March 25, 2010

You’re on the Waitlist… Now What?

By Scott Shrum, Director of MBA Admissions Research at Veritas Prep and co-author of Your MBA Game Plan: Proven Strategies for Getting Into the Top Business Schools

Being placed on the waitlist of a top MBA program is a frustrating experience. It feels anticlimactic after such a long process and it can also lead to a period of ambiguity as you wait to see where you will ultimately enroll in the fall. The key to surviving a waitlist process is to create and follow a plan of action, just as you would for your initial application. Putting together a checklist can help you gain valuable insight and perspective into your situation and will allow you to maximize your chances of gaining admission off of the waitlist.

Here is the course of action that Veritas Prep admissions experts recommend for anyone who has been waitlisted by a top business school:

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March 9, 2010

The Trouble with MBA Admissions Writing

There are unique, specific considerations to be made for all types of admissions writing. It comes as no surprise that the expectations of a college applicant will be very different than those of an MBA applicant, illustrated by the very nature of most MBA essay prompts. However, what makes MBA admissions writing so daunting for most is the challenge of presenting a thoughtful, self-reflective narrative in a very directed way worthy of an MBA program.  Consider the following MBA essay prompts:

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February 21, 2010

The Business School Interview: Tips For Success

When it comes to interviews, b-schools don’t all follow the same template. For some, it’s an essential screening tool. For others, it’s used to evaluate borderline cases. And some even use it as an information session for applicants. Regardless, you should approach the interview as a conversation to be enjoyed, not an ordeal to bear through.

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Business School Essay: The Do’s and The Don’ts

Business school admissions committees are going to use the essay section of your application to really get to know you and make a connection. They want to know who you are and why you belong in their school.The essays are your best chance to sell the person behind the resume. They should tie all the pieces of your application together and create a comprehensive picture of who you are.

Here is a list of do’s and don’ts to keep in mind as you begin to write:

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January 21, 2010

On-Campus versus Off-Campus Recruiting for MBA Students

By ZoomInterviews 

How is on-campus recruiting different from off-campus recruiting? You’ll hear a lot about ‘on-campus’ and ‘off-campus’ recruiting once you start your MBA program.   On-campus recruiting refers to the structured and organized recruiting process that a school schedules with firms that happens, as the term implies, on-campus.  Typically occurring in January – March for internship opportunities and September – November for full-time positions (depending on the school), the actual on-campus interviews will occur after several weeks of recruiting events held by firms, including corporate presentations at the school, informal meet n’ greets or coffee chats, formal dinner with company reps and other social events, depending on the firm.

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January 19, 2010

The Pros & Cons of Social Media Networking for MBA Applicants

By Avi Gordon, Founder of MBA Admissions Studio

Part of the holy grail of a good application to business school is to show why the particular nature of the b-school you are applying to fits with you and what you want out of your MBA. That is, each program has a slightly different ’signature’ in terms of curriculum, type of students, faculty interest, clubs and extramurals, internship-recruitment opportunities, alumni network and so on, and the task is to show that you understand what that signature is and why it fits with you.

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January 17, 2010

What to Do the Night Before the GMAT

By Brian Galvin, Director of Academic Programs at Veritas Prep where he oversees all of the company’s GMAT prep courses

The GMAT is a marathon, and not a sprint! I like to use the analogy of an endurance athletic event like a marathon or a stage of the Tour de France. At that point, you’re well trained and primed for action — you really can’t improve your conditioning the day before the race, but you could certainly downgrade your performance by draining your energy or taxing your muscles. The same is true of the GMAT — you won’t get any “smarter” the night before the test by studying; you may, however, wear yourself down by staying up late to get to one more set of problems, or make yourself nervous by happening to hit a patch of ten monster questions in a row and struggling through them.

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January 14, 2010

Business School and The Avocado

By Avi Gordon, Founder of MBA Admissions Studio

In my book ‘MBA Admissions Strategy’ I offer the following advice: ‘Proofread to show your hunger’ (that is, hunger for admission, a real desire to be selected.) Typographic or other careless errors in your text immediately clues Adcom in as to how (un)careful you were with your text, and this tells them not only how organized and detail-oriented you are — whether you are a ‘finisher’ — but also how much you actually really care about your application to their particular school.

In this sense MBA admissions works just like a resume you send out for a job. If there’s one error in it, eyebrows will be raised. Two errors and you may as well not have sent it.

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January 12, 2010

The Common “Criticism-Weakness-Failure” Essay Question

By Avi Gordon, Founder of MBA Admissions Studio

The ‘criticism-weakness-failure’ essay is common in MBA Admissions essays because it is a test of an applicant’s maturity, self-knowledge, honesty, and ability to learn from mistakes. It is, in other words, the biggest indicator of real leadership ability and potential.

Sample questions are:

Tuck 3. Discuss the most difficult constructive criticism or feedback you have received. How did you address it? What have you learned from it?
Wharton 3. Describe a failure that you have experienced. What role did you play, and what did you learn about yourself?
HBS 2. What have you learned from a mistake?
Columbia 3. Please provide an example of a team failure of which you’ve been a part. If given a second chance, what would you do differently?

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January 11, 2010

The Two Most Common Errors in Data Sufficiency

Author:  Arthur Ahn, Kaplan GMAT Product Manager & Instructor

GMAT data sufficiency questions test your ability to analyze a quantitative problem and recognize which information is necessary to figure out the solution.  What a data sufficiency question does NOT test you on is your ability to calculate and number-crunch.  A simpler way of addressing this might be to ask yourself a question as you work through a data sufficiency problem: “Is this enough?”  Keep this in mind as you evaluate (and on test day, avoid) two specific common errors that test-takers make while taking the GMAT:

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January 9, 2010

Taking Charge of Your Career

From Kaplan Test Prep

Let’s face it.  Everyone has at least one gap on their resume and at least one skill set to develop.  Whether you’re an Art History major applying to business school or a b-school grad managing supply chain logistics for the first time, knowing how to identify your shortcomings and fill the holes is a critical skill on the path to professional fulfillment. 

SWOT Team

It should go without saying that you have to be your own advocate when it comes to career development.  While many companies have some type of development process— particularly for high potential employees— at the end of the day the responsibility is yours and yours alone.

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January 6, 2010

New Year’s Resolution: Create a GMAT Study Schedule

Author: Gina Allison, Kaplan GMAT Instructor

It’s that time of year again—time for resolutions and re-assessing your priorities. If getting an MBA is one of your priorities in the near future, then creating an effective GMAT study schedule should be one of your top January goals.

You would be surprised at how many ways there are to fit GMAT study into your busy schedule. As I’ve worked on the Kaplan GMAT Revision and looked at the new material and resources that we will be offering our students, I’ve thought more than ever about how success on the GMAT is inevitable if you devote enough time and attention to your test prep material. For many of my students, juggling a full-time job, a family or relationship, a social life (what’s that?), and all the other assorted and sundry components of life along with focused GMAT study seems difficult, if not impossible. Although it is hard work, incorporating adequate study time into your already busy life is definitely not impossible! Here are a few pointers on how to make it all happen:

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November 24, 2009

Preparing For Your MBA: Taking Classes Before Coming to Campus

Let’s face it: getting into the MBA program of your choice isn’t always easy. This may be especially true for younger people with less work experience, or would-be applicants with liberal arts or science backgrounds – valid pursuits, but not directly linked in an admissions director’s mind to making someone B-school ready. And once you’re in, will you be able to keep up with the math wizards sitting next to you in class? The best way to ensure you hit the ground running and don’t stumble your first year is to take classes that will help boost your skills and prepare you for the rigors of your first year as a business school student.

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What NOT to do on Your Application: Avoiding MBA Application Pitfalls

It’s amazing how many business school applicants make avoidable application mistakes. It’s unfortunate, but hardly surprising, that these avoidable mistakes can result in an application being rejected. In fact, submitting an error-riddled application just makes life easier for MBA admissions committees. If they can put your application in the “no” or “maybe” pile, it frees them up to focus on the well-researched, substantive submissions – applications in which all parts of the application complement each other and when taken together, present a complete, holistic picture of who that applicant is, why she is pursuing an MBA, and why the school she’s applying to is the best place for her to pursue her educational and career goals.

What can applicants do to avoid the avoidable mistakes, and not only submit an error-free application, but the best application possible? Read on.

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