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MBA Admissions Myths Destroyed: I Have No International Experience!

mbaMission hosts a weekly blog series, “Admissions Myths Destroyed,” for our friends at Beat the GMAT. Check out the BTG site for fresh material and ours for “reprints.” The following piece was penned by mbaMission Founder, Jeremy Shinewald:

In the past, we have addressed the prevailing MBA admissions myth that there is a “right” professional path to follow. Just as there is no ideal position to have pre-MBA, there is no ideal life experience either. International experience is not a prerequisite for admission to top MBA programs, so a lack of international experience does not suddenly disqualify you.

It is fair to write that admissions officers want a geographically and experientially diverse class and that most MBA candidates these days have some international exposure, either through travel or work. But, it is important to keep in mind that international exposure is not limited to physically being out of the country. If you are dealing with suppliers abroad or running a weekly conference call with a team in another country, even if you are an American dealing with this from the U.S. or an Indian managing these tasks from India, you still have international experience.

However, even if you are an American working for a US company with a US based product or service and US based customers, as unlikely as that is these days, you are not applying with one hand tied behind your back. Again, there is no checklist at the admissions office. If you have not had the personal resources or the professional opportunities to gain international experience, you can still become a business leader – the two are not mutually exclusive. So, like all MBA candidates, you will need to explain to the admissions committee how your MBA will help you achieve your dreams. Gaining an international education and international exposure through your MBA may just be a crucial step in reaching your goals.

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mbaMission Insider's Guides

Friday Factoid: Ross Finds Common Ground in Tailgating and Recruiting

At the University of Michigan’s Ross School of Business these two seemingly unrelated activities – recruiting and tailgating – come together in a mutually beneficial way.  Well-known for “Big Blue” spirit, the Ross school takes advantage of the University of Michigan’s football powerhouse to show off its MBA talent.  At each Michigan home game, 200-300 MBA students attend tailgates hosted by the Ross Student Association (RSA). The tailgates are sponsored by companies that recruit at Ross and provide a fun way for students to network with prospective employers.  At the same time, recruiters and company representatives, frequently Ross alums, can get to know many students in a casual social setting.  Regardless of who wins the football game, RSA tailgates are a win win for students who mingle with highly sought-after employers and alumni, who love to have a reason to visit campus!

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Manhattan GMAT

The Quest for 700: Weekly GMAT Challenge (Answer)

Yesterday, Manhattan GMAT posted a GMAT question on our blog. Today, they have followed up with the answer:

The quantity p(12) equals the product of all the primes less than or equal to 12. Thus, the number we are looking for is this:

2×3×5×7×11 + 11

= 11×(2×3×5×7+1) [factor out the 11]

= 11×(210 + 1) [do the arithmetic]

= 11×211

= some large number.

We want to keep this number factored, and in fact we need to find its prime factorization. So, we ask: is 211 prime? Well, 211 cannot be divided evenly by 2, 3, 5, or 7, because 211 equals a multiple of all those numbers (210), plus 1. The “plus 1″ means that 211 won’t be divisible by any of the same factors as 210 (except for 1). Is 211 divisible by 11 or by 13? No, as we can check quickly by long division.

And we only need to check possible prime factors up to the square root of 211 (which is between 14, the square root of 196, and 15, the square root of 225). If there is a pair of factors besides 211 and 1, one of the factors in the pair must be lower than the square root of 211 (and the other factor in the pair would be larger). Since there are no prime factors of 211 less than 14, we know that 211 is prime, and the second smallest prime factor of p(12) + 11 = 11×211 is 211.

The correct answer is (E).

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Posted in Uncategorized

February 7, 2010: Free Long Term Planning Seminar Online

Applying to B-School in 2010/11? By taking action now, you can dramatically improve your chances of gaining admission to a top-MBA program next year. Indeed, it is never too soon (and certainly not too late) to take several crucial steps to shape your MBA candidacy. Join an mbaMission Founder, Jeremy Shinewald, as he leads prospective applicants through a Long Term Planning seminar.

Topics of discussion will include:

  • Creating your 10 month timeline
  • Maximizing the Impact of Community Activities
  • Accelerating Personal Goals
  • Building an Alternative Transcript
  • Taking and Retaking the GMAT
  • Making the Most of Campus Visits
  • Understanding the differences between MBA programs
  • More…  

All attendees of this exclusive event will receive:

  • 10% off any 9-session ManhattanGMAT course
  •  Free access to a ManhattanGMAT computer adaptive practice exam 

Sign up today!

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Posted in mbaMission Events

The Quest for 700: Weekly GMAT Challenge

Each week Manhattan GMAT posts a GMAT question on our blog and follows up with the answer the next day. Are you up for the challenge?

If n is a positive integer greater than 1, then p(n) represents the product of all the prime numbers less than or equal to n. The second smallest prime factor of p(12) + 11 is

(A) 2

(B) 11

(C) 13

(D) 17

(E) 211

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Posted in Uncategorized

Mission Admission: Schedule a Class Visit and Behave Yourself

We always encourage MBA candidates to visit their target schools, because it can make a positive impression on the admissions committee, gives you an opportunity to personalize your applications (essays and interviews in particular — dependng on the time of year you visit) and it may even help you select their schools. Remember, as you visit campuses for interviews or just to experience your target schools, it goes without saying that you should be on your best behavior.

While the receptionists in the Admissions Office is not a “spy” and your tour guide is not there to inform the admissions committee, both will probably feel it important to tell the Admissions Office about any bad behavior. We spoke with one former receptionist (now an AdCom member) at a top-ten school, who said that she would encounter rudeness, make a note and send it to the Admissions Director, who would strike the candidate’s name from their list. While most candidates are on their best behavior anyway, we nevertheless offer this reminder.

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Posted in Mission Admission

Feature Article: Will an Online Course Impress the Admissions Committee?

mbaMission writes a monthly feature for our friends at Beat the GMAT. The following piece was penned for BTG by mbaMission Founder, Jeremy Shinewald:  
 
It has been years since you were in college, and as you contemplate pursuing your MBA, you suddenly remember a few not-so-stellar semesters when your social life was far more important to you than your grade point average. We hope you are more innocent than that and that you worked hard and did quite well, but maybe you are in another category of student—one who has a degree in English literature, for example, and never took a single quantitative class. No matter which camp you fall into, with your business school applications on the horizon, you should definitely be considering taking a quantitative course or two to establish your competencies and make sure the Admissions Committees know that you are a changed individual and/or that you can handle a rigorous curriculum. In short, you should be planning to take these courses, work hard and earn A’s. But, you are busy now—you work, have community and family commitments and are studying for the GMAT, too. It would be easiest to take an online course, but would this be enough to satisfy the Admissions Committee? Are online classes taken seriously these days?
We approached several admissions officers at top MBA programs and found that the jury is indeed still out with respect to online education. Rose Martinelli, Associate Dean of Student Recruitment and Admissions at Chicago Booth, draws a distinction between learning for one’s own sake and earning grades that will make an impression on her, telling mbaMission,
 
If a student is just looking to gain skills, online classes are fine. If a student is trying to repair a poor academic record, than those classes should be at a comparable institution so that we see how well that student fares in a competitive, academic environment.

Similarly, Bruce DelMonico, Director of Admissions at the Yale School of Management, explains to mbaMission,

We don’t have a preference for where the class is taken in terms of school, but do like to see an in-person class as opposed to an online class.

Meanwhile, J.J. Cutler, Director of MBA Admissions and Financial Aid at the University of Pennsylvania Wharton, is somewhat agnostic on the issue, telling mbaMission that the institution and medium are not as significant as the student’s performance and the rigor of the class.

[What is] important is the content of the class in which the student earned the A, the types of deliverables required and the values of the instructor. While the latter is extremely hard for us to know as outsiders, we can try to understand the content of the course and the type of work required.

Christie St. John, Senior Associate Director of Recruiting and Enrollment at Dartmouth Tuck, echoes these sentiments, stating,

The ‘prestige’ of a school really has no bearing on what the student learns. What we hope the applicant will do is learn the material, so that he or she is ready to participate in the classroom from the first day.

Tuck recommends that admitted students who have not previously taken basic quantitative classes sign up for accounting, statistics, economics or calculus courses “at an institution that works best for their schedule and their finances.”

Peter Johnson, Director of Admissions at Berkeley Haas, explains to mbaMission that online classes are “ok” and again emphasizes the class over the school. Johnson notes that if a student is trying to prove his/her quantitative abilities, then algebra, statistics and calculus are the important courses to take—not accounting and finance. Johnson is unequivocal in stating that students with weaker quantitative sub-scores on the GMAT (below 80th percentile) who take accounting and finance “convince me that they don’t have the necessary quant skills, don’t understand why they are necessary and are avoiding completing actual ‘hard’ quant courses, so it actually hurts their application.”

While the jury may still be out on the value of online versus in-person courses, all admissions officers agree that a class’s intensity and the individual’s performance in that class are the crucial factors. Admissions officers want to know that students have tested themselves and have risen to the challenge. So, regardless of venue, there are no shortcuts to proving that you belong at a top MBA program. You should choose your supplemental courses carefully and even inquire with your target business schools before taking a class to ensure that your proposed course of study will advance your cause. After all, that is what this is all about, isn’t it?

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Monday Morning Essay Tip: Your Contribution

Several business schools pose questions about the unique contributions you can make to their particular programs.

One of the reasons we prefer to work with candidates “From Start to Finish” is so we can proactively prevent problems such as the following. Many candidates unwittingly make the mistake of thinking that they have expressed their contribution by offering a bland, summary statement: “…and I will bring my leadership skills to Fuqua.” Simply telling a story about a past leadership experience and then repeating the main point does not prove that you will make a contribution to the school. In a well-written essay, you would apply your experience and show true understanding of your fit with the school.

Example 1: “…thus my experience as a stand-up comedian will allow me to bring humor to the Kellogg environment.”

With the conclusion above, the Admissions Committee is left asking, “How exactly will he bring humor to the environment? Does he really know what our environment is about?”

Example 2: “….thus my experience as a stand-up comic will prove particularly useful at Kellogg, a dynamic environment where I will be constantly joining new and energetic study teams. I am hopeful that I will be able to use my sense of humor to help create relaxed team environments, where everyone will feel comfortable contributing; still, I intend to use my sense of humor judiciously, such as offering an appropriately timed joke to diffuse tense moments during late-night study sessions…”

In Example 2, the writer has applied his personal experience and has shown a clear connection with the school, proving he has an intimate identification with the school and a true understanding of its nature.

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mbaMission’s Exclusive Interview with Beth Flye, Assistant Dean and Director of Admissions and Financial Aid at Northwestern University’s Kellogg School of Management

Northwestern-Kellogg’s Assistant Dean and Director of Admissions and Financial Aid, Beth Flye, was kind enough to spend some time with us. Ms. Flye shares her thoughts on a variety of topics:

  • Kellogg’s plans for the size of its class and its new building
  • Her plans to review the open interview process at Kellogg
  • Her advice to applicants who are a few years away from applying to business school
  • The differences between applying in rounds one and two and more…

mbaMission: Hello, Beth. Thank you for taking the time to speak with us today. I’ll start with the same question I ask all Admissions Directors: What is Kellogg not known for that you feel it should be known for?

Beth Flye: That’s a great question, and my response to that would be finance. Schools, like companies, can have a reputation for being known for X product or X service, and I think a number of business schools fall into that as well. And while we do have a strong reputation in marketing, and we’re very, very proud of that, there are other fantastic academic programs here at the school. The one I would highlight as far as the immediate response to your question would be finance, no question about it. And why do I say that? I think it’s for a number of reasons. I think it’s the curriculum we have in particular, also the faculty. In terms of the output side, for students that want to make a career change—let’s say they’ve been in a different functional role or different industry, and they want to work in a finance functional role or financial services industry—it’s a great place to be.

Another thing, too, is if you were to ask me what the most popular majors are here. We have an array of majors, and there are three [that are most popular]. I call them the big three, and they may slightly change from year to year as far as what is first, but they are finance, strategy and marketing.

mbaMission: So, you enrolled the biggest class in Kellogg’s history this year, and I’m curious, are you expecting to scale things down or keep things consistent going forward? Was the increase accidental because of yield or was it by design?

BF: Our plan in terms of enrollment goals for the total enrollment for 2010 is that we want it to be on par with the class we enrolled this year. We did have a goal of bringing in a few more students. We came in at the high end of our goal range, plus about seven to ten extra students beyond that, which is fine. From a service standpoint, space standpoint, everything was okay on that front. We wanted to bring in a few more students, and we were able to do that. This handful extra that we had, that was on the yield side. Our goal is to be [within] roughly the same range for this coming year as well.

mbaMission: We talked a tiny bit about marketing a moment ago. The big Kellogg stereotypes involve marketing and teamwork—can you talk about how teamwork is really manifested at Kellogg?

BF: I believe in the philosophy here about teamwork. It’s actually very simple but powerfully true. I see it every day, not just with the students; teamwork is a way of life at Kellogg. It is a way of life that we think works for a number of reasons. Really, the bottom-line philosophy is to come up with the best ideas, to truly be innovative, to truly get to not just diagnosing a problem in a situation but also coming up with what’s going to be the strategy and plan for a solution. In order to do all of those things, the belief here is not to saddle one great mind with such goals and tasks but to put together a group of great minds. And that is where you’re going to get the absolute best approaches, again, whether it’s ideas, whether it’s solutions, whether it’s a strategic path. And it sounds very simple, but it is very true. And that’s coming back to the quality factor. I think that it starts with the input side, which is the admissions side.

So again, how is teamwork manifested in the classroom? It really starts with the class that we bring in. We want the best and the brightest and the most interesting and, of course, people that want to be at Kellogg. I think one question that people ask me a lot is, “Hey, I very much embrace teamwork, but will I have a chance to shine on my own?” And the answer to that is, “Of course.”

I think that’s one thing I would want to let your clients know or let the world at large know. That, hey, yes, you still are here to develop, and there will be numerous opportunities to do that as far as individual contribution. What we do here is work together, and students become very, very attuned to learning how to identify what other members of the team bring to the table, given the situation. I think our students become just really skilled in identifying the skills and talents of people very quickly and then learn how to employ those skills and talents and put them to work in a situation. Our recruiters comment every year—and we get a lot of great feedback that they see this more so with Kellogg grads than with most other B-school grads—that they [Kellogg students] have such an ability to be flexible, in terms of not just of getting along with people, but [also] working with others and learning very quickly how to draw out the skills and talents of their team members. That in and of itself, I think, is an enormous skill.

mbaMission: You mentioned recruiters on campus. I know that your main role is not in career services, but can you speak a little bit on what you’ve seen in terms of companies coming to campus this year versus last and the number of interview slots and that type of thing?

BF: Sure. The good news is, I’ll call it The Portfolio of Recruiters—you know, the companies that we’ve seen in the past couple of years—they are returning, and we are very excited about that. That’s a great thing. What is maybe slightly different, depending on the specific company, and maybe in some cases depending on the industry, is that the companies are more cautiously optimistic. When I was out on the road, I was down in Charlotte and did a presentation hosted by Wachovia, and a couple of alums on the panel that worked there were telling me that. Saying, “We’ve got X, Y, Z hiring goals, and we’ll be coming up there.” And that was great, and I heard similar messages from a couple of other banks, just for example. The great news is that there seems to be this vibe of cautious optimism.

However, some companies may not have as much of a robust or expansive on-campus interview schedule this year. So, for instance, Company C that was here last year will be back, will be recruiting Kellogg students, but it may not have as big an interview schedule this year. And to me that’s not surprising. I think the great thing, the biggest takeaway, is that it doesn’t sound like we lost anybody. That is great.

mbaMission: That’s fantastic. When I was at Kellogg a little more than a year ago, it was mentioned that some land had been staked out for a new building, and I was curious as to whether a new campus is going to be built. If so, have these plans been delayed?

BF: Great question. Let me tell you what I know. Plans are still in process as far as a new building for the Kellogg School. Just to give you kind of a leadership point about this, Northwestern has a new president that started this year, and I haven’t met him. I hope to at some point. I hear great things, and so I guess my question is: What’s the official status? Where are we in the plans? I know fundraising efforts are going on just as they have been, and they are in high gear, both at the university level as well as in Kellogg Development. Are we any closer to absolutely confirming a location, or when are we going to put a stake in the ground? I don’t have that information, but from what I gather, from what I know, this is still a go. Absolutely still a go.

And that’s a great question. The school has grown, and I would want, the school would want, prospective candidates to know that they absolutely will have the resources that they need as far as infrastructure to be successful here. That comes first and foremost. But ideally? We have some goals that we want in a new space. We have grown. We need, literally, some more space. And that’s going to happen.

mbaMission: I have a couple of questions about the application process itself. First, can you walk us through the life cycle of an application at Kellogg?

BF: Sure, absolutely, glad to elaborate about that. Essentially what happens is once the deadline day hits and people have submitted their applications—they’ve been hitting “submit” buttons before the application deadline, but after that time, I mean—what we do is then download on our end and begin processing. And that’s the simple term there [processing], but it’s a very important part of our operation. It’s assembling one’s application materials into a physical application file. As we put together those applications, and as they’re complete—and complete means we have everything, we have all the application components, all the information so that file is ready to go into the evaluation flow—basically the large majority of the files are going to be read by three people, and the first stop is with a member of our Student Admissions Committee.

Then it’ll go to an officer on my team who will see it, and then it will come to me. And believe it or not, now and then we may have some really difficult cases in which two of the three of us are really on different planes or all three of us are very different, and we have a process where we’ll bring in a fourth person. So the reason I highlight that is that there are lots of ways you can evaluate applications to business school, and while I would not say that ours is absolutely perfect, I think we come pretty darn close. We take it very seriously. A lot of time is invested on the evaluation side, and I never take it for granted that someone has made an active choice, as well as has made an investment to apply to Kellogg. And so by gosh, we absolutely owe every applicant the most through evaluation that we can give. And that’s exactly what we do.

In terms of what happens after a decision, well, within each of our deadline periods, we don’t have a primary decision release date. We do have a date, I believe it’s January 11 for Round 1, for which we let the folks in Round 1 know, “Hey, the latest you would hear from us would be January 11,” but we don’t pull the lever on January 11 so that all decisions go out. I don’t have an exact date handy, but I would say the latter part of November, we will start releasing decisions. So it’s almost like a mini-rolling basis with an application round period. That’s how that works.

mbaMission: Okay. So when you read an application, do you start with the applicant’s resume? Do you start with the essays? How do you actually approach reading each application?

BF: For me, my approach is as follows. I look at the data form section, or Part One as we call it. Here are just kind of key points. Who is this person? Name? Where do they live? Where did they go to school? What did they put down as far as grades, degrees, GMAT scores, brief work information, etc.? For me that is getting a snapshot. It’s kind of saying, okay, let me just sketch out who this person is. Sometimes I’ll go straight to the resume right after that. The resume is also to me a very nice snapshot about a person, obviously on the work front. So that’s what I do. I also see the evaluations that the two readers ahead of me have made. I then read as much as I need to read to arrive at a decision. Do I do an absolute word-for-word, cover-to-cover read on every file? No. Decisions would probably never go out! That’s the responsibility of the two readers ahead of me. But like I said, there are times when I will say, “Hey I really want to do a cover-to-cover read.” So that happens. Absolutely. That does happen.

mbaMission: Kellogg is one of the few schools left that has an open interview policy. It has to be grueling. Some schools, notably Darden, have made a switch. How and why do you stick with it?

BF: That’s what our policy still is for this coming year. Our policy is, we require you to request an interview, and we don’t admit anyone without some form of an interview. Whether it’s an alumni interview or one on campus, and in some cases—and this would be if someone is remote or we don’t have enough alumni—we’ll do telephone interviews. I do believe interviews are incredibly critical. I think business schools interview for similar reasons that companies do or any organization that is hiring someone. And for me, that means putting together, especially for those of us who later evaluate applications, putting together the two “Ps,” the Paper Perspective—that tangible, written information that these guys have submitted as part of their application—with the in-person, or People Perspective. And that’s very, very helpful. It has worked.

I will say that I am presently very interested in stepping back and taking a look at not just the policy but the interviewing model and looking ahead. Would there be a change for this year? Of course not. Not at all. But it is something that I want us as an institution to take a look at. It’s almost like giving our interview policy, giving our interview model, a physical. Is this in the best interest of the school? Is this model, this policy serving us well?

mbaMission: We find that applicants often want to reduce their applications to a science. Is there a “Kellogg” way to get into Kellogg?

BF: I know that your audience would love for me to say yes, and there are days when even I wish that there was a yes to that. But I would say no. But in my saying no, please know that it’s not a negative answer whatsoever. If anything, I think it’s positive. There are some areas with the application criteria that if you think about an application and visualize it like a pie chart, you’ve got one slice for essays, and you’ve got one slice for quality of work experience, once slice for interviews and so forth. The great thing both for applicants and for those of us in admissions is that no person is the same. That is something I am very conscious of with every single application I read. That’s a good thing.

I advise people to put together the absolute best application you can, and I think a big part of that, as clichéd as this is going to sound, is really just being who you are. Not trying to be who you think we want to read about or who we want to hear in an interview. Just be you. I think that’s where candidates sometimes fall into that trap of, “I’m trying so hard. I want my tone in the essays to be this.” They want to get in. I just think that first and foremost, getting back to the idea that it’s not a science, the most important advice, honestly, is to be yourself. Be yourself. To me, an application is a platform. Here’s another way I like to think about an application, it’s a different type of platform to educate us about who you are. Plain and simple. That responsibility does lie with the candidate. Educate us about who you are through this application.

mbaMission: That question was a setup! People constantly call us up at mbaMission and say, “What is the Harvard way to get into Harvard or the Kellogg way to get into Kellogg?” As if there’s one secret formula the Admissions Committee is withholding only for the school’s favorite consultants or candidates. People will say, “Kellogg is a marketing school, so I’d better tell my marketing story.” But if you’re not a marketing person, and your best story is about supply chain, then tell your supply chain story.

BF: Exactly. I think that’s an excellent point. I couldn’t agree with you more. It’s not a science. Do we like to see, as an example, really great academic performance? Sure we do. Who wouldn’t? Do we like to see people who have progressive work experience and have demonstrated promotion? Of course. But is that a guarantee of admission? No. And again, the good news is, we’re looking at all that criteria together holistically. We really are. Again, if you think of it like a pie chart, not everybody’s chart is going to be the same. Every single one will be different. And that, to me, is a good thing.

mbaMission: Here’s another typical question we hear: Will a spelling error, typo or grammatical mistake kill an application?

BF: My response to that would be, not necessarily. But I think there are a couple of things that really are pertinent for candidates to employ when they’re applying to Kellogg, or to any school, for that matter, and that are really critical in life, whether it’s work, outside of work, and those are good judgment and good self-awareness. We know applicants aren’t perfect. Sometimes Spell Check, when you meant to say “form” and it dispensed “from,” yes, that can happen. So if I see that one time, is it a deal breaker? No, not necessarily at all. Now if I see it scattered around, the first thing I’m going to be thinking is, “Wow, this person didn’t seem to invest a great amount of effort here.” That’s troublesome to me. See the difference?

mbaMission: Yes, absolutely. Similarly, then, do you read applications in search of reasons to reject a candidate or reasons to accept the applicant? I think people sometimes feel as though the application process is a punitive one as opposed to one in which the Admissions Committee is truly seeking to learn about the candidate.

BF: I think that’s a great question, and I’m just sitting here thinking to myself, “How do I do that?” I think with me, I guess my lens is, I’m looking for somebody great. I guess I have a positive attitude with every application that I pick up. We have an extremely competitive pool, but what that means is that we’ve got a great, great pool in terms of quality, in terms of composition and diversity. And that’s exactly what we want. Do we have a tough job in admissions on selectivity? Sure we do, but that’s exactly what we want. Whether you’re hiring somebody or admitting somebody to business school, you want to have the so-called pick of the litter. For me, I’m looking for the positive points, but if there is something there that is not as competitive, on average, it’s almost like in my mind, “Okay, note to self, what are some noteworthy points?” And those noteworthy points may be all really great as far as positives. Or it can be a mix. And that takes a little bit more thinking time as far as making an evaluation, making a decision. In some cases—and I’m happy to say, not many cases—there may be, just looking across the board, signs that the applicant is just not competitive. What I mean by that is, they don’t have the work, they don’t have the grades, they didn’t do well in the interview. But overall, we have a great pool.

mbaMission: So Round 2 is upon us. Are there any disadvantages to applying in Round 2 rather than in Round 1?

BF: For Kellogg, absolutely not. I’m glad that you brought this up. This relates to some very common questions that we get: “When should I apply? Should I do it for Round 1? Do I even have a prayer in Round 2?” And my response is the same. Number one, apply when you’re ready. It takes a lot of time, effort, a lot of thinking [to apply]. It’s a project. It really is. It’s not something that’s meant to be rushed. So for Kellogg, if someone for whatever reason does not feel comfortable applying in that first round, but they’re thinking that second round is really going to work, they should go for it. Absolutely.

In addition to applying when you’re ready, I would strongly encourage that if possible, apply in one of the first two rounds. Are we going to shun those who apply in the third round? No, not at all. The reasons that I say that are, just looking at history, most of our applications come in during the first two rounds. Therefore, we select a large proportion of the class from those first two rounds. Related to that, we’ve had a trend where our yield suddenly was significantly higher than maybe what we had forecast. That suddenly becomes a factor for us about how many more people we can admit. That’s why I’m saying, aim for one of the first two rounds if possible.

mbaMission: What would you say to someone who is two years out of college in terms of shaping their candidacy going forward? What advice do you have for someone like that?

BF: You mean, they’re looking at business school in their future but not applying right at two years out? Is that correct?

mbaMission: Exactly.

BF: I think in terms of just their work, they’re on a work path, even though their career may change, and it may change a few times. I think, make the most of your work experience. Not to sound like your parents, but absolutely do the best you can. A question related to this that I get a lot is, “What should I be doing? What type of work should I be doing?” I don’t see that as an issue. I think, follow your heart. And whatever you do, do it extraordinarily well. That is what I would say. Make the most out of it. Learn as much as you can where you are, and then apply those learnings in your work and career going forward.

The other thing is, if someone is looking ahead, be proactive. If you think you may be going down the business school path in terms of applying, what are some things that you can be proactive about? Go ahead and take the GMAT if you haven’t. I really do think there’s a lot to be said for test performance for those who have not been away from school too long versus if you take it 15 years later. Nothing wrong with 15 years later, but why not take it when you’re still relatively fresh coming out of undergrad? I would definitely do that. I would also go ahead and research schools. Get a feel for programs, from admissions to curricular offerings to career management. Go ahead and become knowledgeable about the business schools out there. What does an admissions process look like?

I would also say that if someone did not have the most competitive academic record, then show us that you can do the work. Take some classes. That’s not just going to help you as an applicant—it’s like spinach. It can only be good for you. I always tell people if you’re thinking ahead, think about where you can be proactive, not just as an applicant, but also envision yourself as a future student. What can you do to try to be as successful as you can? Those are just some of the things. And I think on the personal, extracurricular front, schools are looking for well-rounded people. Whatever your passions are, dive in headfirst. We don’t have an approved list of extracurricular activities; that’s not what we do. But I would say, make the most of your life, not just when you are in undergrad, not just academically and not just professionally. What other passions do you have? Go with that.

mbaMission: You’re like a myth destroyer here! This is the kind of information we give to candidates all the time, so it’s great to have it corroborated by you.

BF: Honestly, I will say from my working standpoint, thank heavens there’s not a short list. I would be bored to tears, and I think business school would be a boring experience. Just like on the work front, we’re not concerned about exactly what your title is and how marquee of a company name you have. What have you been doing? What did you learn? And it’s pretty exciting when you see somebody coming from Wall Street, and then you see somebody coming from the military in Israel, and the next thing you know, look at this, a rabbi is applying. It’s just incredible. My advice would be to just follow your heart, and do those things on the professional front, and do them extraordinarily well.

mbaMission: Is there anything else you want people to know about Kellogg or applying to the school? Is there anything we haven’t covered that you think is important for people to know?

BF: One of the things I think makes Kellogg incredibly unique is that we are about diversity. That has many meanings, not just that we have a variety of all kinds of students here, and we want that. We also have a diverse portfolio of majors and elective courses and that translates out. Really bright, interesting, unique students marry that with the diverse curriculum we’re offering, and what does that attract? That attracts a really diverse base of companies and industries. And we have historically fared very well in downward times with the economy, and I think a lot of that has to do with not just the quality of the students that we have here but again the diversity factor that really starts in admissions and goes all the way through the school and translates out on the recruiter side. That’s one thing I would highlight.

A second thing, which we touched on, would be the myth of “I can’t apply in Round 2.” Absolutely you can. Absolutely. I certainly hope we’re going to see a nice robust and high-quality pool in Round 2.  The third thing I would say is on the financial resources front. This has been a priority, and it continues to be a priority that we want to do as much as we can to help admitted applicants on the financial aid side. We do have financial assistance that admitted applicants can apply for, both U.S. citizens and permanent residents. We have an array of merit-based scholarships, no separate application required, and then we also have our Northwestern Loan Program. We never lost our loan program, and this is university funds. So, as you know, a number of schools last year suddenly lost their programs because the bank that they were working with pulled the plug. Our loan program is still in place, and I definitely think it is a reasonable program in terms of rates and so forth. And this is especially key for our international applicants.

And then related to financial assistance, for the military folks who have served post 9/11, we are a participant in the Yellow Ribbon Program, and we’re very, very proud of that. And so all the information about how many folks we can award funding to, the matching, etc., we’ve got that all on our Web site. But I wanted to let you know Kellogg is participating in that.

mbaMission: Thank you again, Beth. It has been great talking with you, and I really appreciate your time.

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Friday Factoid: Wharton Means Consulting?

Perennially ranked among the top business schools in the world, Wharton as its original name, the Wharton School of Finance and Commerce, indicates is best known for its reputation in finance, still its largest department. However, if you are under the impression that Wharton is the program of choice for future investment bankers only, think again!

Check out these 5 facts about consulting at Wharton:

  • Every year since 2005, more graduates have accepted positions in consulting than in investment banking.
  • Wharton’s Consulting Club is one of its largest, with more than 800 members, a membership of approximately half the students in the program.
  • One of Wharton’s most popular electives is Strategy and Competitive Advantage. Professor Nicolaj Siggelkow, a protégé of strategy guru Michael Porter, is notorious for pushing students to clarify their answers, when they use trite buzzwords like  “adding value” and “frameworks,” landing students in the hot seat for 30 minutes of additional questions.
  • The 2008 Consulting Conference was the largest student-run consulting event ever held at Wharton, featuring a keynote speech by the chairman of the Americas region of McKinsey & Co., as well as panels on topics ranging from best practices in private equity to those in socially responsible business.
  • In recent years, the Consulting Club has hosted an annual case competition for first-year students; the winners have been offered summer internships with Boston Consulting Group.
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