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Friday Factoid: Investing at UCLA Anderson

Many acknowledge UCLA Anderson’s unique connections to the media and entertainment industry. Far fewer MBA aspirants are aware of the tremendous opportunities Anderson provides to students interested in investment management. Established in 1987, the Anderson Student Investment Fund (SIF) offers a limited-enrollment course that provides students with a hands-on opportunity to apply what they have learned about investment theory. Students must apply for the opportunity to manage this portfolio, valued at more than $2M, as one of the 10–12 SIF Fellows by submitting an essay and participating in two rounds of panel interviews. Then, those selected—now in the role of SIF Fellows—engage in investment strategy, asset allocation and security analysis for more than 18 months and explore both value and growth approaches to equity investments, as well as fixed income investments. SIF Fellows get together weekly during the academic year, meet once a month with the Faculty Oversight Committee and visit more than 30 investment professionals throughout the course of their tenure to learn about different investment philosophies. Fellows also receive assistance in securing summer internships in the investment management industry. Those interested in a career in investment management should give Anderson a closer look.

For more information on UCLA-Anderson or 13 other leading MBA programs, check out the mbaMission Insider’s Guides.

Beyond the MBA Classroom: Stern Follies at NYU Stern

When you select an MBA program, you are not just choosing your learning environment, but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school.

With skits such as “Sterndog Millionaire” and songs such as “We Didn’t Start the Crisis” (set to the tune of Billy Joel’s “We Didn’t Start the Fire”), the annual New York University Stern School of Business Follies talent show entertains students and faculty alike. Anyone at Stern can put together a team and apply to participate in the show. The Follies’ creative committee, which is made up of students, decides which skits and performers will ultimately be part of the show. Dean Thomas F. Cooley—along with other well-known professors, such as William Silber—is a frequent guest star in many Follies presentations.

For in-depth descriptions of social and community activities at NYU Stern and 13 other top MBA programs, check out the mbaMission Insider’s Guides.

January 20: Long-Term Planning (Boston)

Applying to business school in 2011? 2012? By taking action now, you can dramatically improve your chances of gaining admission to a top MBA program in the coming years. Indeed, it is never too soon (and certainly not too late) to take several crucial steps to shape your candidacy. Join mbaMission founder Jeremy Shinewald as he leads prospective applicants through a Long-Term Planning Seminar.

Topics of discussion include the following:

* Creating Your Ten-Month (and Beyond) 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…

Date: Thursday, January 20, 2011
Time: 6:30-8:00 p.m. EST
Location: 140 Clarendon St, Main Floor Back Bay Boston, MA 02116
Price: Free!

To register for this event, please click here.

Managing the MBA Interview: View Each Story Through a Different Lens

With the release of first-round interview invitations and the subsequent increase in pressure on MBA candidates, we present a five-part series with our friends at Vault to help applicants decompress and thoughtfully manage the MBA interview process. In this fourth entry in the series, mbaMission founder Jeremy Shinewald explains how to “spin” your stories to fit different interview questions.

Many MBA candidates try to memorize their interview responses in advance and unsurprisingly find themselves fumbling as they struggle to adapt to slightly different iterations of expected questions. We absolutely do not recommend memorizing responses, but instead suggest that you develop a mental list of stories that you feel are important for you to tell and then work to incorporate your strongest stories/strengths into your interview. If, for example, your experience as a youth soccer coach is an important story for you, you could work it into the interview as an example of leadership, teamwork, etc. when such a question is asked or these topics are raised. Your stories are far more flexible than you might realize and can be “spun” if need be.

Think of five to six key points (activities, personality traits, etc.) you absolutely want to be sure you get across during the interview. Then think about possible questions to which you can “hook” those points. For example, if you spend one afternoon a week tutoring inmates for their GED, potential “hook” questions for this activity could be as follows:

Tell me about a time when you demonstrated initiative.

Example: “I wanted to make a difference but wanted to move beyond just helping high school students. So I researched where in my area the biggest need was and found a program that brings volunteers to prisons to … .”

Tell me about a time when you went above and beyond.

Example: “For the past few years, I have been engaged in some meaningful service—teaching GED prep in a local prison. I was surprised to find that inmates were only allowed to attend one hour of extra tutoring per week. Recognizing that my students needed additional help, I devoted extensive time and effort to develop a series of math and vocabulary flash cards for them to use in between sessions. My additional efforts showed them that I truly was committed to their success. Further, the students found them to be extremely helpful—all five of them passed the GED that year!”

Tell me about a time when you had to motivate a reluctant person.

Example: “My best example I believe occurred outside the office, as part of my volunteer work with inmates studying for their GED. Although most of the inmates I tutor are very motivated, once in a while I work with someone who … .”

We must clarify, however, that we are not suggesting that you answer four different questions with the same story, but are merely attempting to illustrate how one important story can be “flexible.” By selecting several key personal stories and examining them from several angles before your interview, you can better ensure that you will find a way to share them during your interview.

Monday Morning Essay Tip: The Passive Voice

Many writers choose to use the passive voice in their essays, yet the best writers rarely, if ever, use this technique.

The passive voice puts the verb in the wrong place in the sentence, thereby removing the “action.” Subjects become acted upon rather than performing actions. Sentences with the passive voice typically include verb phrases like “was” or “has been” (e.g.: “it was determined,” “there has been”).

Consider this example of the passive voice:

“The marathon was run despite my injury.”

In this sentence, the verb (or action) is diminished because the writer says the marathon “was run.” A better way of describing the same activity is to use the active voice, as illustrated in this example:

“I ran the marathon despite my injury.”

Below are two more examples:

Passive: “The contract was awarded to us.”

Active: “We won the contract.”

Passive: “It was decided that I would be in charge of the project.”

Active: “My boss selected me to be in charge of the project.”

Remember—you are at the center of your essays! The best way to tell your stories and explain your accomplishments is by making sure that you are the catalyst of the stories you tell. Using the active voice ensures that the admissions committees see you as an active person who makes things happen.


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