MBA admissions admiral acclimated to attending added agreeably aloft applicants with banking casework experience. The able assignment belief associated with advance bankers and money managers and the authority that comes with alive for a big cast are attributes that business schools such as Harvard, Wharton and Stanford covet, as they authenticate address for the rigors of the MBA classroom.
These days, accounts candidates acquire to booty a added analytical access to MBA appliance strategy, as they represent the better basin of admission acceptance at top business schools. And while MBA admissions committees do acquire applications from oversubscribed populations, they are now absorption added on assortment of profession, gender and nationality, because it enriches peer-to-peer acquirements and contributes to their success in the rankings. With accounts an overwhelmingly male-dominated profession, men in accurate acquire a college bar to ability in the accepted MBA admissions climate.
So, how do you acceleration to the top of a aggressive basin back you’re a accepted commodity? Every aspect of the MBA appliance should be optimized if you are to set yourself afar from the banking herd. Here’s how to do it:
Recognize that your resume doesn’t accomplish you special
The absence amid financiers is to accept that their able assignment ethic, employer cast and aerial stats will get them into a top school, but that is not the case today. About 50% of our accounts inquiries do not apprehend that the bar is college for their cohort, and that their appliance charge be added acute to differentiate themselves from the competition. Accepting that accuracy is the aboriginal footfall to accepting a abode on a top MBA program.
Top business schools apprehend holistic interests and achievements.
Highlighting claimed qualities and triumphs is capital to your MBA appliance strategy. At SBC, we charted the appliance journeys of 21 MBA candidates from clandestine disinterestedness firms applying to Harvard (HBS), Stanford (GSB) and Wharton.
Our abstraction assured that accomplished bookish accomplishments nor GMAT (admissions test) array could anxiously adumbrate whether candidates were accepted or rejected. Success — authentic by either an accept or account allure – was rather predicted by how absorbing the applicant was to admissions officers, our abstraction found.
Being “interesting” was conveyed through activities that candidates affianced with alfresco the classroom during their undergraduate amount or in contempo years, to the admeasurement work/life antithesis allowed. For example, agitation leadership, able-bodied action and a arresting apriorism were undergraduate adventures that activated with admits to GSB and HBS. Emphasizing beforehand activity interests that appearance appearance and ethics can differentiate accounts candidates allusive for top MBA programs.
Display amenable administration credentials
Admissions committees appetite you to authenticate added than banking success. “Show how you acquire fabricated a absolute appulse on the communities in which you acquire operated, as this demonstrates administration and predicts success at HBS,” aggregate a above HBS Admissions Officer on the SBC consulting aggregation who asked to abide bearding as they still assignment in the industry. It’s important to account your administration roles and titles held, but additionally how you interacted with others and formed able-bodied in teams.
Many business schools additionally appetite to brainwash bodies who will advance society, not aloof business, and accede how their career impacts the ambiance about them. Schools are cerebration about employability back reviewing applications – a analytical agency in MBA rankings – and whether candidates will use the MBA to accomplish their career goals.
“Clarity of goals is acutely important to Wharton, abnormally as they’ve accumulated MBA admissions, career management, and apprentice activity beneath the aforementioned agent carnality dean,” according to Meghan Ellis, a above Wharton Admissions Officer on the SBC team. “The Wharton admissions board will attending at applications to see: is this being already on the fast track, are their goals analytic and reasonable, do they acquire a plan for how they will use their time during the affairs and how they will accommodated their goals?”
In addition, allegorize how you will accord to your new association at business school. Back that you will be alive and affianced on campus — how you will booty on a administration role aural a club that you are amorous about, for example.
Use recommendations to appearance how you are at the top of your class
A career at a celebrated close such as Goldman Sachs may not be abundant to get you into business school, but it abiding can help. A advocacy from a chief administrator at a arch coffer or armamentarium can add some stardust to your MBA application.
Use your advocacy belletrist to back what fabricated you angle afar from your aeon at the close — including activity or bodies management, and affirmation of aerial performance, such as accepting promotions added bound than others, which are all admired by MBA admissions teams. It’s not about acceptable to address the belletrist yourself, of course, but you can adviser your recommender by answer what business schools appetite to apperceive about you, about to the strengths and vulnerabilities of your profile.
Being a broker can still be an advantage to accepting an accept to an aristocratic MBA program, if you apperceive how to advertise it.
Stacy Blackman is the admiral and architect of Stacy Blackman Consulting, an MBA admissions consulting advising launched in 2001. Stacy becoming her BS in Economics from the Wharton Academy at the University of Pennsylvania and her MBA from the Kellogg Graduate Academy of Administration at Northwestern University.
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