Sunday, April 22, 2012

Two Days Left to Apply for Beat The GMAT 2012 Scholarship

**2012 BTG Scholarship Announcement**
Two Days Left to Apply for Beat The GMAT 2012 Scholarship

Beat The GMAT (BTG), the world’s largest social network for MBA applicants, is now accepting applications for its seventh annual Beat The GMAT Scholarship Competition. This year, BTG will award scholarship packages for six winners, valued at more than $11,000. Each of the winners will receive one GMAT prep course, an admissions consulting package and a $250 GMAT voucher. BTG will accept applications until Monday night, April 23rd, and winners will be announced on April 30th.

“Giving back to the community is an important part of our mission,” says Eric Bahn, Founder of Beat The GMAT.  “We believe that our annual scholarship is an important initiative to help talented individuals achieve their dreams of going to an amazing business school.” 

Since 2006, Beat The GMAT has been able to distribute $193,000 in scholarships to MBA applicants.

The following companies made generous donations to make these prizes possible: Admit Advantage, Clear Admit, Kaplan, Knewton, Manhattan GMAT, Master GMAT, MBA Admit, mbaMission, Precision Essay, The Princeton Review, and Veritas Prep.  For a full list of prizes, click here.

To learn more and to apply for a scholarship, please visit: http://www.beatthegmat.com/mba/scholarship

Make the most of it!
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Saturday, April 14, 2012

A big thanks all my readers!!

I was on a weekend getaway when I saw a congratulations mail stating that my blog has made into top 3 MBA blogs.

This is indeep a proud moment and I would like to thanks all my readers for their support to make this happen.
Online Colleges
THANK YOU ALL!!!

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Thursday, March 22, 2012

My blog in Top 22 MBA blogs. Your one vote could push it to the top!!!

Excited to announce that my MBA blog has been selected by eCollegeFinder.com as one of the Top 22 MBA blogs. The most important reason for this is YOU, my readers. This blog is a medium though which I could share my MBA information and help you in some way or the other. 

So, now I request YOU to help this blog win and appear in the top of the list. Kindly vote for this blog by clicking on the badge on the right side of the screen OR by directly click here and select Mistakes, Lessons, MBA, and more...The voting is open till March 30, 2012 5 PM EST.

Your vote matters!

Thanks a ton,
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Monday, February 27, 2012

How to improve your chance of getting into a business school?

As everyone of you might know, there are two stages of getting accepted into a business school. Your written application in which you need to market yourself and your interview in which you need to sell yourself. Improve on these two and you improve your chance of getting accepted. Simple?

Improving written application: A business school written application has many pieces, some of which you can improve and others you can't. Ideally, to stand qualified and competitive for a top-notch business school, all the pieces should be up to the par, which couldn't be possible for many. So the idea to improve your overall chance is to improve your best on the pieces you can improve to compensate on those which are below average and couldn't be improved. Below listed are the written application pieces:

1. GMAT: Try to score good i.e. 720+. This might compensate for the low GPA.
2. Resume: A good one page Resume could create a lasting impression. Jump to my earlier post to know about resume building in detail.
3. Essays: Your stories are the most important and could set you apart. They must be compelling but at the same time easy to comprehend.
4. LORs (Recommendations): This is also a very important piece and depends on how well you select your recommenders. Your recommenders must know you well and could back up your stories.
5. Professional Growth in both title and responsibilities: The companies you have worked with and the growth curve both in the title and responsibilities are very important. Remember, schools are looking for the leaders both in professional and personal life. Secondly, how many from your company have made into good business schools makes a difference. Means if you are working in company X where 1 of every 10 gets into a business school, improves your chances quite a bit.
6. Extra Curricular and community work: You can't improve much on these except you are planning to apply after a year or two and have enough time to work on these. But don't join just for the sake of the mentioning it your application. Be very serious about it, else they will make out in the interview.
7. University and GPA: Where are you graduated from? If it is a renowned university like IIT and is heard by the admission committee makes a difference. You can't improve these but could compensate.

Improving your interview: Interview is the final but the toughest part of the admission game from your side. No matter how perfectly who have marketed yourself in your written application, but if you can't sell it in the interview, they won't buy you.

You are at the interview stage means admissions committee likes your application and is interested in knowing more about you. Mostly a business school interview goes for 30 to 60 minutes and this is the time where you need to back up your written pieces, most importantly your essays and professional responsibilities, in a very smart and impressive manner, and this requires your soft skills, improving those is not easy and demand a lot of time. Below listed are a few ways:

1. Keep your responses short, succinct and to the point.
2. Rehearse your responses before the interview. You could record your responses for the basic interview questions (like why MBA?) and improve by listening and practicing them time and again. You could also practice in front of a mirror to get more confidence.
3. Take mock interviews with your friends and ask them for the honest feedback.
4. Take mock interview with the experts. There feedback is worth the money.
5. If you have enough time and not good enough communication skills, join a communication course / class and improve your communication skills to the best you could.

Hope this helps improving your chance of being accepted into a business school.
Best!
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Tuesday, February 21, 2012

Straight from a Schulich MBA

One of the MBA aspirants admitted to Schulich Business school mailed me asking the placement scenario in Schulich. Luckily one of my friends has just completed his MBA from Schulich and got placed in P&G in marketing. I forwarded this request to my friend and below is his response:

If you are interested in marketing, then only come to Schulich. In fact, even though I am a Schulich MBA myself, I will not advise Schulich in general to anyone. Moreover, in general this is not a good time to come to North America as things are pretty tight here right now.

Even after this if anyone is interested, then:
1) For Finance go to Rotman
2) For Consulting go to Ivey followed by Queens

And don't even look at other schools.

This is straight from a recent Schulich MBA. Hope this helps you decide.
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