The MBA Tour Southeast Asia: MBA & Business Master’s Conferences

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1 Meet Columbia, Boston University, UCLA, IE, INSEAD, and more top business programs!

Join us in a city near you:

Manila: Thursday, 23 August

Jakarta: Saturday, 25 August

Singapore: Monday, 27 August

Ho Chi Minh: Wednesday, 29 August

Bangkok: Saturday, 1 September

REGISTER FREE!

Why should I attend The MBA Tour?

The world’s top business schools, all in one place. Stand out from the competition and meet with Admissions Directors from top domestic and international business schools. Connect in-person to ask your MBA questions, learn about program offerings, and discover how a graduate business degree can help you boost your career.

  • Small group meetings
  • Admissions panels
  • GMAT strategy sessions
  • School presentations
  • Networking fair
  • & much more!

Who will I meet?

Connect with admissions decision makers

  • You’ll have the unique opportunity to meet with admissions decision makers to increase your chances of acceptance.
  • Learn in-depth program information and ask your MBA questions during MeetUp discussions (invite only, small group meetings).
  • Discover admissions tips from industry leaders.
  • Network with the people that matter when it comes to getting accepted to your dream school.

How should I prepare?

Complete your online profile to be matched with top schools.

  • Provide helpful information during registration to let schools learn about you and your goals and have them invite you to meet with them during MeetUps or School Presentations.
  • Use The MBA Tour’s Research Schools platform to learn more about program offerings and options.
  • Log into The MBA Tour’s online portal to easily confirm MeetUps and build your schedule to make the most of your event.

Great, sign me up!

Register free today to reserve your spot. Space is limited!

REGISTER FREE!

Business Schools Attending

*Schools vary by city; check event pages for individual listings. More schools to come.

Arizona State UniversityAsia School of Business Boston University CKGSB Columbia University ESSEC Business School Fordham University GLOBIS University IE Business School IESE Business School Indiana University INSEAD Ivey Business School Johns Hopkins University Kwansei Gakuin University London Business School National University of Singapore Rotterdam School of Management, Erasmus UniversitySyracuse University The University of Tampa University of British Columbia University of California, Los Angeles University of Cambridge University of Denver University of Manchester University of Maryland University of Michigan University of Texas at Austin University of Toronto Washington University in St. Louis William & Mary Yonsei University York University – Schulich  

 

Admissions Tip: How to Write a Résumé That Will Get You Into Business School

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Your résumé is not only an important component of your MBA application, it’s also a great place to start when crafting your overall positioning strategy.  This document forces one to distill a candidacy into a concise summary, focusing on key aspects and themes.  With that in mind, here are a few simple tips to get you started:

First things first

Because you’re applying to graduate school, it makes sense to lead this document with a section detailing your academic history.  This is also the format that many business schools’ career offices instruct students to use when applying for internships or full-time jobs post-graduation.

Keep it simple

While you’ll certainly want to describe your professional responsibilities and achievements in some detail, remember that this document needs to fit on a single page, with very few exceptions.  Rather than overwhelming the reader with information, try to identify three or four discrete projects or accomplishments to complement a few concise statements about your day to day responsibilities in each position.  Remember that it’s also important to be as specific as possible about the impact you’ve had on your organization by quantifying the results of your efforts.  You should also use active verbs to describe your impact.

It is important to remove any industry jargon that a typical corporate resume would contain.  Remember, the adcom readers of your file may not have worked in your industry.

Round it out

Don’t discount the importance of your interests and outside activities.  Schools like applicants who are well rounded and demonstrate a track record of involvement outside of work and the classroom, so formal extracurricular activities are a logical category to include.  At the same time, information about your less structured interests and hobbies is also relevant, as these details can lend some more color to your candidacy and help the adcom get to know you better.  Remember to be as specific as possible; many business school applicants are interested in “travel” or “film,” so specifying a region you especially enjoy visiting or your favorite movie genre will be the key to setting yourself apart.

We hope that these general guidelines serve as a good starting point for Class of 2021 applicants in translating their experiences and achievements into this brief but important document.  For more guidance, you can also read the Clear Admit Résumé Guide for a complete step-by-step “instruction manual” for crafting your résumé.

Source: clearadmit.com

How This Stanford GSB Prof Hopes to Get the VC Industry to Spill Its Secrets

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To many outside the business world, venture capitalism (VC) is shrouded in mystery. The general public occasionally gets fleeting glimpses behind the curtain through podcasts like The Pitch, but sometimes these microscopic views only serve to generate more confusion. Stanford Graduate School of Business Professor Ilya Strebulaev founded the Stanford Venture Capital Initiative (SVCI) to help provide some clarity.

Given that VC makes up a substantial part of the business and research and development worlds, the fact that so little is known about the industry’s internal mechanisms is disconcerting. The goal of the SVCI is to make information more accessible to the public.

To understand how VC firms make decisions, incentivize entrepreneurs, and add value to companies, the SVCI reached out to the National Venture Capital Association and various VC firms hoping to access the contracts VC firms sign with entrepreneurs.

Though not every VC firm agreed to participate, the SVCI was able to gather tens of thousands of contracts. With only about 1,000 analyzed so far, the findings are already illuminating.

Often, the complex contracts involve lots of deal-specific language resulting from long negotiation sessions and compromise, Strebulaev says. But a large team of lawyers, data scientists, and researchers have poured over numerous data sets and begun to isolate interesting trends.

So far, the SVCI has published two academic papers on its findings. The first—entitled “How Do Venture Capitalists Make Decisions?”—reports that most of the 950 VC professionals Strebulaev and his colleagues surveyed made decisions based on the strength of the team behind the idea rather than the idea itself.

In the SVCI’s second paper, Strebulaev’s team examined unicorns— those rare businesses with valuations higher than $1 billion. In an analysis of 135 unicorns established after 1994, Strebulaev and his colleagues found all were overvalued, some by more than 100 percent. Not surprisingly, several of these unicorns disagreed with this conclusion, but Strebulaev notes that only one provided information to challenge his team’s conclusions.

These initial findings have encouraged the SVCI to continue researching this topic to establish a full picture of the entire VC ecosystem. Strebulaev intends to start with workers, whose compensation system he finds particularly interesting. He also wants to learn about the limited partners who fund the VC firms.

Strebulaev believes the data the SVCI has generated could help students, academics, practitioners, and policymakers make better decisions. Policymakers, in particular, could see how complex these important institutions are, specifically to the U.S. economy, and arrive at new methods for regulating them.

VC funding is also crucial to the launch of so many future businesses. By providing us all with a better understanding of how venture capital contributes to the modern economy, the SVCI also promises to to help everyone in the system play the game more equitably.

Source: clearadmit.com

MBA ApplyWire Spotlight: Trouble with Tests

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As new MBA applicants look for admissions assessments, many are posting to Clear Admit’s ApplyWire, a platform for feedback from our community of top-tier applicants to help inform your final choice of schools and approach to admissions.

In this edition of MBA ApplyWire Spotlight, we take a closer look at two recent posts from new candidates for the Class of 2021. We start with a candidate who wants to retake the GRE:

Clear Admit’s resident expert, Alex Brown, opened the thread with feedback on test scores and more:

The original poster then returned:

And Graham Richmond and Alex Brown wrapped up the thread:

For our second candidate, the GMAT was not the only concern of our experts:

Alex Brown kicked off the conversation:

And Graham Richmond offered some more advice:

Best of luck with your applications!

Source: clearadmit.com

 

Georgetown MBA Essay Questions 2018-2019

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Georgetown MBA Essay Topic Analysis 2017-2018

The Georgetown University adcom has updated the McDonough MBA essay questions for applicants targeting the Class of 2021. This year we see the return of the one-essay format in addition to the (now one year old) video essay.

2018-2019 Georgetown MBA Essay Questions

Essay 1: Describe a defining moment when you were challenged and exceeded expectations. (The moment can be a professional or personal one. If personal, then please also include how it had an impact on your professional development) (500 words or fewer)

Video Essay:  The required video essay is an opportunity for you to bring life to your application. Please introduce yourself to your future Georgetown MBA cohort in a one minute video. 

Optional Essay 1:  If you are not currently employed full-time, use this essay to provide information about your current activities. (250 words or fewer)

Optional Essay 2: Please provide any information you would like to add to your application that you have not otherwise included. (500 words or fewer)

Re-Applicant Essay: How have you strengthened your candidacy since your last application? We are particularly interested in hearing about how you have grown professionally and personally. (500 words or fewer)

Source: clearadmit.com

World Cup Management Lessons: Yale SOM Deputy Dean on Germany’s Victory and Defeat

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Germany came nowhere close to making it into today’s semifinals of the 2018 World Cup, but a Yale School of Management (SOM) deputy dean argues that his native country’s early elimination this year, together with its 2014 victorious finish, both offer important lessons on effective management.

In jubilation following the German team’s World Cup win four years ago, Yale SOM Deputy Dean David Bach was quick to pen a piece highlighting the ways the victory was a testament to the strength of effective management. He cited five main factors contributing to the team’s triumph over its competitors:

  • Long-term capability development
  • Meticulous planning
  • An inclusive culture based on open communication and individual responsibility
  • Competitive intelligence
  • Confidence to deviate from the plan

Applying all five to a particular goal in any discipline, Bach argued, significantly increases the odds of success. The German team’s World Cup dominance in 2014 made it the envy of nations around the world, and numerous club and national soccer teams would go on to incorporate the management practices that helped the team prevail.

Management Lessons Gleaned f rom Germany’s Spectacular World Cup Failure 
Fast forward to this year’s World Cup, and Germany was favored to trounce its competitors again. After all, many of the same players who won in 2014 would once again take to the pitch. So it came as a shock when the team lost to both Mexico and South Korea.

Given that the management practices Bach identified as integral to Germany’s 2014 win were still in place this year, what happened?

Bach recently published a second piece on Germany’s 2018 Cup fate. The team’s loss this year, he argues, came down to bad management, plain and simple. Specifically, spectacular success in 2014 caused the German team to grow too risk averse. Here, again, is a management lesson business leaders would do well to heed, Bach says.

In the business world, stockholders and managers riding a wave of success too often grow complacent, seeking to keep conditions exactly the same rather than looking for opportunities to elevate an organization’s untested youngsters. In both sports and business, Bach contends, organizations that rely too heavily on success in the past may doom themselves to failure in the present.

Germany flamed out spectacularly in the group stage this year, but they were certainly not the first returning champions to do so. Of the past five World Cup champions, four have been eliminated at the group stage (France, Italy, Spain, and Germany). Of these four teams, three (France, Spain, and Germany) committed the same management mistake, namely, relying too heavily on past successes.

Bach argues that he best leaders are those who continually look for ways to provide opportunities to team members who show potential and a willingness to work for the good of the organization. Furthermore, managers have to be willing to fail. If they are not willing to fail, their organizations will never take the next steps they need to succeed.

In business as in soccer, says Bach, “When you have abundant talent, hunger trumps experience.”

With talented MBA graduates omnipresent at leading companies around the world, business managers would do well to consider Bach’s advice, especially when coming off their most successful quarters.

Source: clearadmit.com

GMAT Tip: You Don’t Need to Solve for S

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Memorizing endless numbers of formulas is never the path to high-scoring success on the GMAT. Nevertheless, formulas can give you a leg up – provided you understand how to use them appropriately.

As with any quantitative question, the key is to be flexible, incorporating a variety of approaches to efficiently get to the correct answer choice. Problems that are primarily geometry-based are where utilizing formulas you have memorized can be the most helpful. Equilateral triangles are very commonly tested questions and knowing the formula for the area of an equilateral triangle:

s^2(sqrt 3) / 4

Can save you valuable seconds rather than taking the steps to derive the area of said equilateral triangle using common ratios and/or the pythagorean theorem.

But GMAT questions are never as easy and straight-forward as plugging in an equation. Consider this question for example:

If an equilateral triangle has an area of (sqrt 243), then what is the perimeter of that triangle?

1. 6
2. 12
3. 18 
4. 27 
5. 81

As with any quantitative problem, the first step is assessing and evaluating what your end game should be in selecting an answer choice. Here, we have been asked to solve for the perimeter of the triangle – which implies that the answer choice is each side multiplied by 3.

Many test takers, then, look at the formula and try to solve for s:

s^2(sqrt 3) / 4 = (sqrt 243)

But what steps next do we take? If we multiply both sides by 4, we are still left with square roots on both sides. Can we square both sides to get rid of the square root? Then, does s^2 become s^4?

Even test takers who are very comfortable working backwards and forwards from complex formulas have a high chance of making a mistake solving for s in the short period of time we have for this question.

Instead, recognizing we can work backwards from the answer choices is a much more efficient, and likely more accurate, way of getting to the correct answer.

Provided we’ve recognized the answer choices are perimeter and divided by 3, we should recognize the numbers we need to work backwards from are:

1. 2
2. 4
3. 6
4. 9
5. 27

From here, we can plug these values into the equation s^2(sqrt 3) / 4. To cut down on the amount of calculation we do, as effective test takers always try to do with quantitative questions,  we can also estimate some aspects of the equation.

Ask yourself: what is the sqrt 243 close to? If we know our squares (as we should!) then we know it is between 15^2 and 16^2 – 225 and 256.

We can also estimate the second square root – the (sqrt 3) is just a bit less than 2 (aka (sqrt 4)).

Quickly, we can work backwards and know with little effort that A) 2 is much too small and D) 9 and E) 27 are too large. B) 4 might be worth doing a few more calculations for, but C) 6 is clearly the contender answer.

(6)^2 ( 2) / 4 = 18, which is reasonably close to a number between 15 and 16.

There are a few risks we do take in this question, but if we try working it out two different ways – derived or by fudging numbers and getting “close” answers – we cut down on our calculation time significantly, and can apply that leftover time to a later more challenging problem.

When tackling your next geometry question, consider if using this mixed approach will help you get to the right answer more quickly!


The above GMAT Tip comes from Veritas Prep. Since its founding in 2002, Veritas Prep has helped more than 100,000 students prepare for the GMAT and offers the most highly rated GMAT Prep course in the industry.

Wondering if a GMAT prep course is right for you?

Enroll in a Free GMAT Trial Class. Attend the first class session of an actual GMAT course, either in-person or live online, and see for yourself why more than 100,000 students have studied with Veritas Prep since 2002. You’ll meet the instructor teaching your course and see first-hand why Veritas Prep’s GMAT courses are so effective.

Source: clearadmit.com

Financial Times Ranks Top MBA Programs for Entrepreneurship

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Leading entrepreneurs in the business world today can often be seen as trailblazers, standing strong and independent in an often cutthroat world. What isn’t seen as often is the kind of support—whether financial capital or mentorships—that can help get an idea off the ground. In recent years, business schools and MBA programs around the globe have made this kind of support for new businesses a core part of their operation, often offering entrepreneurship majors, business pitch competitions, startup incubators and more.

Each year, the Financial Times releases its ranking of the best MBA programs for entrepreneurship, helping up-and-coming entrepreneurs make informed choices about the best program for their career and startup goals. Its latest ranking, for 2018, has just been released.

The 2018 ranking of the top MBAs for entrepreneurship compiled 50 schools from around the world. A number of factors went into determining which schools would make the grade, including the percentage of graduates who started a company after earning their degree, percentage of female entrepreneurs, the extend to which funding from the school or from the school’s alumni network helped in the creation of new businesses, and more. These factors combined would help decide in what position a school would fall on the ranking.

This year, schools in the United States took the top three spots on the list: the StanfordGraduate School of Business, the F.W. Olin Graduate School of Business at Babson College, and the Tuck School of Business at Dartmouth College. Two U.K. business schools—the Lancaster University Management School and the Cass Business School—rounded out the top five.

Image result for stanford graduate school of business

Despite dipping numbers of students, the Stanford Graduate School of Business entrepreneurship program is still the top-ranked in the world, according to the Financial Times.

At Stanford, although it still ranked as the best school for entrepreneurship globally, there was actually a significant drop in the number of students starting a business within three years of graduation. This year, it was just 22 percent of students compared with last year’s 36 percent. Babson College’s Olin Graduate School of Business also witnessed a drop, from 52 percent last year to 37 percent in 2018.

One explanation for the drop, however, is not that interest in entrepreneurship is declining, but instead that it is being pursued more as a “side hustle” than a full-time career. This was certainly the case for Samantha Penabad, a former strategy manager at Accenture and MBA student at Berkeley’s Haas School of Business, who has been working on a digital donation platform called GivingFund. Although she didn’t intend on becoming an entrepreneur when she started business school, tutors at the university helped her to develop a business plan and a fellow student with finance experience joined as a co-founder. The service is scheduled to launch later this month.

But GivingFund remains a side job for Penabad, who will be taking on a full-time job in strategy and operations at Google in New York after graduation. As a result, someone like Penabad will be not be included in data for students starting businesses after graduation, but among those accepting full-time jobs. Students pursuing similar paths—working full time but starting businesses on the side—may help explain the dip in entrepreneurship that many MBA programs are witnessing.

One reason behind this trend may be the fact that many students see a full-time role as just one step to eventually starting their own company. By putting their skills to work at a top company like Amazon or Google, students are able to more quickly pay off their student loans, which means eventually starting a business debt free. Companies like Amazon also may seek out those with entrepreneurial experience, because it demonstrates an attractive leadership quality.

“We welcome applicants with an entrepreneurial spirit,” Amazon Senior Manager of Campus Recruiting Dee Clarke told the FT.“They are given the ownership over their work, like they would [in] their own business, but within a global support network that provides added guidance and support.”

Guthrie Jones, an MBA student at London’s Cass Business School, holds a similar philosophy. Although he had no intention of getting into entrepreneurship, he couldn’t stop thinking about one particular business idea and decided he’d have to pursue it. Guthrie believes his company, Icepick, which lets people rent out space on their hard drives, has the potential to become a global business. Still, if he right opportunity for a salaried role came up after graduation, he would gladly shift his plan to the side.

Nevertheless, student interest in studying entrepreneurship as part of their MBA has grown at schools like Cass. Part of this may be the result of Cass’s £10m investment fund, which has not only supported new MBA start-ups but has also trained students in the process of investing.

Financial Times MBA Entrepreneur Ranking (2018)

  1. Stanford Graduate School of Business
  2. F.W. Olin Graduate School of Business (Babson)
  3. Tuck Business School (Dartmouth)
  4. Lancaster University Management School
  5. Cass Business School (City University)
  6. Otto Beisheim School of Management (WHU)
  7. IMD Business School
  8. Saïd Business School (Oxford)
  9. Harvard Business School
  10. Judge Business School (Cambridge)

This post has been republished in its entirety from its original source, metromba.com

 

Top #MBA Tweets Spotlight: #OnTheRoad

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Top #MBA Tweets Spotlight: #OnTheRoad

In this edition of Top #MBA Tweets Spotlight, we’re taking a look at which business schools are on the road to meet prospective MBA applicants.  Read on to see who you could meet:

UT Austin / McCombs, Dartmouth / Tuck and UVA / Darden have summer travel plans:

Texas McCombs MBA@UTexasMBA

admissions will be in over 40 cities this recruitment season. We hope you’ll meet us at an event near you to talk about stands out among top business schools!

Texas McCombs MBA@UTexasMBA

MBA Admissions is traveling around the world this summer & fall to meet YOU– the next Texas McCombs MBA class! Register for an event now: https://buff.ly/2K1ABWJ 

View image on Twitter

Tuck School

@TuckSchool

Interested in applying to Tuck? Meet our admissions team around the this summer! See where we’re headed: https://bit.ly/294nkb1 

Darden School at UVA

@DardenMBA

The Darden Admissions team is crisscrossing the nation to introduce prospective students to the Darden . Come out and meet us this week in Minneapolis, D.C., Detroit, NYC, Boston and Toronto. https://drdn.mba/2NJmP9k 

Staff from Cornell / S.C. Johnson reported from the road:

View image on TwitterView image on Twitter

Chelsea Hann@HannChelsea

Thanks to Jennifer Garner ‘16 for joining me and sharing your experience at the women’s event in tonight. Loved talking with so many talented prospective MBA women. Excited to meet many more in tomorrow!

Meanwhile, MIT / Sloan announced some in-person and online events for those who cannot travel:

View image on Twitter

MIT Sloan Admissions@MITSloanAdcom

Interested in getting your but don’t have all the info? We will be in on Thursday to answer any questions you have! We’re excited to meet you: https://goo.gl/DrkFHY 

MIT Sloan Admissions@MITSloanAdcom

In case you can’t make it to campus for our information session, we will have a simultaneous livestream so you won’t miss any of the action! Join on July 20th to hear about life as a ! https://goo.gl/HRxVKG 

MIT Sloan Admissions@MITSloanAdcom

Chat with admissions representatives and get your questions answered about our program from anywhere in the world! On July 23 we’ll be online & ready to take your questions about applying to @MITSloan. https://goo.gl/6k5X3C 

Source: clearadmit.com

Global Tuck ‘Tails Celebrates Dartmouth Tuck Network Worldwide

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The annual Global Tuck ‘Tails event gathers hundreds of Dartmouth Tuck first-year MBA students and alumni to celebrate the “most loyal alumni network of any business school on the planet.” This year’s editionthe sixth and most high-profile thus farwill take place throughout July in cities all across the globe.

Global Tuck ‘Tails is a huge event that just gets bigger and bigger every year. In its first year, the event assembled alumni in 20 cities. Last year, participants met in 38 cities14 of them international. This year, the event will reach alumni in 35 cities around the world, including Atlanta, Beijing, Brussels, Chicago, Delhi, Indianapolis, and more. Each location will host Tuck alumni for a meet-and-greet where anything and everything from job interviews to pitch meetings and more can take place.

Tuck and Dartmouth alumni come from all over Australia to attend the Sydney event—some participants drive as many as eight hours to attend. For many, it’s a chance to leverage the Australian network and share fond memories of the Tuck community. Organizer Quentin Reeve (MBA ’13) explained that even alumni who no longer live in Australia remain connected there. “Apparently, the few emails I send out every year bring back good memories of the Tuck community,” Reeve said.

As for Nicolas Fiore (MBA ’17), he attended his first Global Tuck ‘Tails event in Washington, DC, but now attends in Kansas City where the U.S. Army transferred him after graduation. Fiore uses the events as an opportunity to stay connected to a social network of young alumni in similar situations to his. “It’s a great vehicle for exploring careers and generating job leads,” he said.

To learn more about past, present, and future Global Tuck ‘Tails events, head to the website for a list of cities. You can also visit the Global Tuck ‘Tails my TUCK page to register or the Tuck blog for more information.

Source: clearadmit.com