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You can find a better version of my blog at http://www.adammarkus.com/blog/.

Be sure to read my Key Posts on the admissions process. Topics include essay analysis, resumes, recommendations, rankings, and more.

August 18, 2008

Kellogg 2008-2009 MBA Essay Questions

Some thoughts on Kellogg's location: A highly biased commentary on why location matters.

Northwestern University has the good fortune to be located on one of the prettiest spots in Chicago. Unlike its neighbor to the south, the University of Chicago, Northwestern is located in the pleasant and safe town of Evanston. If ever there was proof that location impacts an institution, the placement of both of these schools certainly is that. I first became aware of this contrast 22 years ago when my parents moved from LA to Chicago. Since that time, I lived in downtown Chicago for over a year, in Hyde Park for about six months, and visited Chicago at least once a year.

The University of Chicago is an academic powerhouse located in a not so nice neighborhood with little to do in the way of fun except for buying books (Hyde Park has great bookstores!). Students at University of Chicago either live around the campus protected by a large private police force or decide to move North. Many of the GSB students live in downtown Chicago. I lived in Hyde Park and I can say that while I did go out at night, there was not much to do, especially once the bookstores closed. Chicago has many fine restaurants, but Hyde Park does not have them. Also, unlike the rest of a city well know for sports, the University of Chicago is not. As to bars, it has one good bar (there were two, but the other one, Cyril's House of Tiki, closed). The University of Chicago is an intellectually serious place and ideal for those who are looking for such an atmosphere. Personally, I like the atmosphere there and always enjoy visiting. One can find social life at GSB. On my visits to the GSB, I found it to be a friendly environment. Like the rest of the University of Chicago, the GSB is a great place to study.

Northwestern University is located in an affluent community with a large number of bars, a wide variety of restaurants, nice shopping (but not for books!), and, just for the record, a great dog beach (Evanston residents can use it for free, but my brother, a resident of the City of Chicago pays $100
a year for his dog's permit). Evanston is quite a pleasant place, but I never felt like it had the kind of serious academic atmosphere that one could find in Hyde Park, Berkeley, or Cambridge MA. It is too suburban for that. Northwestern, unlike its neighbor to the South, has a huge sports program (For more about that, see NUASports.cstv.com). With more to do, one can imagine it is harder to stay in the library at Northwestern than it is at the University of Chicago.

If you go to Kellogg, chances are extremely high that you will live in Evanston. Social life in Evanston is not limited to campus., but nothing can compare to the intensity of social life at Kellogg. The place simply is filled with people who are great communicators, friendly, outgoing, and able to thrive in a socially intense environment. If you are not that kind of person, don't apply there. If you are, it will be heaven. At Kellogg, they call it the "Kellogg Culture":

"Student culture at Kellogg is rich and multi-faceted, but a single principle ties it all together: teamwork.
Our students collaborate in the classroom (and outside it) to meet professors’ exacting standards. They organize conferences, chair student groups and invite distinguished leaders to speak on campus. They travel to nations around the world to complete coursework of their own design.
At Kellogg, you’ll form lasting social, intellectual and professional bonds with your classmates."


Kellogg's 2008-2009 Essay Questions for the Class of 2011 are specifically designed to help admissions determine whether you demonstrate the appropriate "scholastic ability, personal character, motivation, leadership ability, interpersonal skills, career performance and management potential."

(Please note: The questions were on the Kellogg site at http://www.kellogg.northwestern.edu/Home/Programs/FullTimeMBA/Applying.aspx, but were not there when I checked again today. I know that other admissions blogs have referenced the same page as well.)

The following instructions apply to the set overall;" All applicants are required to answer questions 1, 2 and 3 in addition to 2 of the essays in question 4. For questions 1-3, please limit responses to 2 pages.

1: Briefly assess your career progress to date. Elaborate on your future career plans and your motivation for pursuing a graduate degree at Kellogg.

Even with the absence of the "Why now?" aspect of the question, Kellogg's question is essentially the same question that Wharton asks. I think any brief assessment of career progress followed by an elaboration of future career plans and motivation for studying will necessarily have to explain why now is the right to obtain an MBA.

GAP, SWOT, AND ROI TABLE FOR FORMULATING GRADUATE DEGREE GOALSGap, >SWOT, and ROI analysis are great ways for understanding what your goals are, why you want a degree, and how you will use it. (Click here for the BusinessWeek MBA ROI calculator. Click here for a GMAC report on MBA ROI. )

(To best view the following table, click on it.)


How to use this table:

Step 1. Begin by analyzing your "Present Situation." What job(s) have you held? What was/is your functional role(s)? What was/are your responsibilities?

Next, analyze your present strengths and weaknesses for succeeding in your present career. REMEMBER: WHEN YOU ARE THINKING ABOUT YOUR STRENGTHS AND WEAKNESS DON'T ONLY THINK ABOUT WORK, THINK ABOUT OTHER ASPECTS OF YOUR LIFE. In particular, some of your greatest strengths may have been demonstrated outside of work, so make sure you are accounting for them.
Strengths: What are you good at? Where do you add value? What are you praised for? What are you proud of?
Weakness: What are you bad at? What are you criticized for? What do you try to avoid due to your own limitations? What do you fear?

Next, analyze the environment you work in right now. What opportunities exist for your growth and success? What threats could limit your career growth?

Step 2. Now, do the same thing in Step 1 for your "Post-Degree" future after you have earned your graduate degree. IF YOU CANNOT COMPLETE STEP 2, YOU HAVE NOT SUFFICIENTLY PLANNED FOR YOUR FUTURE and therefore you need to do more research and need to think more about it.

Step 3. If you could complete step 2, than you should see the "Gap" between your present and your future. What skills, knowledge, and other resources do you need to close the gap between your present and future responsibilities, strengths, and opportunities?

Step 4. After completing Step 3, you now need to determine how an MBA will add value to you. It is possible that an increased salary as a result of job change will be sufficient "ROI" for the degree to justify itself, but you should show how a degree will allow you to reach your career goals. How will the degree enhance your skills and opportunities and help you overcome your weaknesses and external threats? If you can complete Step 4 than you should be ready to explain what your goals are, why you want a degree, and the relationship between your past and future career, as well as your strengths and weaknesses.

The above table will also help you answer such common interview questions as: Where do you want to work after you finish your degree? Why do you want an MBA (or other degree)? What are you strengths? What are your weaknesses? What are your goals? Thinking about these issues now will help you to develop a fully worked-out strategy for how you will best present yourself both in the application and in an interview.

WHY KELLOGG?
One very strong point of Kellogg is that it can be used for a great variety of purposes and offers a very flexible curriculum. The downside to this is that many applicants just see the options, but don't focus enough on what they need from Kellogg. Going through a formal process like the one I have outlined above will help you determine what you really need from Kellogg. The more specific you are about that, the better. Japanese applicants to Kellogg, should most certainly make full use of http://www.kelloggalumni.jp/kellogg_life/.

GOALS
You need to make admissions excited about your future. To do so, you should think about whether your goals are compelling. Admissions committees ask applicants to write about their goals after graduate school, but can applicants actually know what will be on the cutting-edge in two or three years? While many applicants will be able to successfully apply with relatively standard goals ("I want to be a consultant because..."), try to go beyond the typical answer to make your goals compelling.

Be informed. Admissions needs to believe you know what you are talking about. If you are changing careers, no one expects you to be an expert, but you should come across as having a clear plan based on real research into your future. If you are planning on staying in your present industry, you should be well informed not only about the companies you have worked for, but about the industry as a whole. If you are not already doing so, read industry related publications and network.

Those who are changing fields should most certainly read industry related publications in their intended field. Think about conducting informational interviews with at least one peer-level and one senior level person in that field. Conduct a peer-level interview to get a good idea of what it would be like to actually work in that industry. Conduct a senior-level interview to get the perspective of someone who can see the big picture and all the little details as well.

Don't know anyone in your intended field? Network! One great way to start is through LinkedIn. Another is by making use of your undergraduate alumni network and/or career center.

LEARN WHAT IS HOT. No matter whether you are changing fields or not, learn what is hot now and try to figure out what will be hot by the time you graduate. Now, of course, this is just a plan and chances are that what is hot in your industry or field now may very well be cold in the future. The point is to come across to Wharton as someone who is not only well informed, but who has CUTTING-EDGE knowledge related to their goals. Some great general sources for learning what is hot:

From the Business Schools: Feed your brain with cutting-edge ideas from the best business schools in the world. Start with Kellogg Insight. Other great sources of information include Stanford Social Innovation Review, Harvard Working Knowledge, Harvard Business Review, Harvard Business School Publishing, University of Chicago GSB's Working Papers, The University of Chicago's Capital Ideas, Knowledge @ Wharton, and MIT Sloan Management Review.

You may also want to do a search on iTunes for podcasts: My favorites are Entrepreneurial Thought Leaders (from the Stanford School of Engineering, but totally relevant to the GSB), Chicago GSB Podcast, Net Impact, and Harvard Business IdeaCast. INSEAD, IMD, LBS, and Wharton also have podcasts. Kellogg, as far as I can tell, has no podcasts.

LinkedIn Answers: I would suggest that everyone join LinkedIn and make use of LinkedIn Answers. LinkedIn Answers is a great way to tap into cutting edge expertise (including my admissions advice!) Follow LinkedIn's rules and you will often be able to obtain excellent information.

Hoovers: For information about specific companies, Hoovers is just a great way to learn about key facts including competitors (a very useful way of knowing who else you might want to work for and to learn about an industry). While primarily focused on the US, Hoovers does have listings for companies worldwide.

Vault: For scope of coverage, this site is a must. Vault includes both career and admissions information. It includes both company specific and industry-wide information.

Other sources: Read magazines, websites, and books that relate to your intended field.

CAREER PROGRESS
I think describing one's career progress is something many applicants actually have a great deal of difficulty with. The primary reason is that they don't actually think strategically enough about what they say about themselves. Interpret your career to connect it to your goals and why you want to go to Kellogg. Your resume will provide Kellogg with a description of your career, but in this essay help them understand what it means by interpreting your career for them.

PUTTING IT ALL TOGETHER: YOUR STORY
When you initially write Essay 1, you might find that it does not seem to be coming together as a single essay. If that is the case, you might simply not be telling your story in the right way. The way you tell your story will depend on your situation. Applicants with extensive experience whose goals connect directly to their past experience will be telling a story based on continuity, while applicants looking to change careers will be telling a story based on discontinuity. A story based on continuity is often easiest to tell in a fairly linear way because the future is based directly on what happened in the past. By contrast, a story based on a discontinuity should be told to emphasize the need for the change In either case, it is critical to explain why you want an MBA from Kellogg.

2: Describe how your background, values, academics, activities and/or leadership skills will enhance the experience of other Kellogg students

Within the context of the Kellogg application, essay question 2 is really one of the most important places to show why you will fit into this intensely social environment where both personal initiative and the ability to work with others are highly valued. While it would be possible to write on professional topics here, I would suggest not doing so because you can easily do that in Essay Questions 1,3, and 4.

Kellogg is looking for students who will make a contribution. And this really makes sense because of the collaborative nature of MBA education. While professors play an important role in the classroom, students learn from each other on a continuous basis both inside and outside of class. It is no surprise that it is easy to find MBAs in record numbers on social networking sites like LinkedIn and Facebook because their education is very much one based on relationship building.

One of the chief functions of an MBA admissions committee is to select people who will be good classmates. The director and the rest of the committee have done their job properly if they have selected students who can work well together, learn from each other, and if these students become alum who value the relationships they initially formed at business school.

There are a number of ways of trying to determine whether someone really "fits" at a particular school, but certainly the most direct thing to do is just ask. One way they ask is by asking applicants why they want to attend as in Essay 1. It is clearly important that an applicant know what kind of ROI they are expecting from their MBA and they can show why a particular program can provide it. Another way is to ask applicants what they can contribute. One way I like to think about contribution questions is to use a matrix such as the following:

CLICK ON THE ABOVE TO ENLARGE.

I use the above matrix for all types of contribution questions, modifying the categories to fit the question. When it comes to contribution questions, I think it is important to tell specific stories that highlight specific ways you will add value to your future classmates. Sometimes people write about contributions that don't have any really clear added value and these by definition are not contributions. Yes, you may love reading science fiction in your spare time, but it is only a contribution if your experience of reading science fiction can be shown to add value to your classmates (Financial forecasting?).

Given that Kellogg gives you up to two pages, my suggestion is to actually use this space not simply focus on one thing. Focus on at least two and probably more like three or four different contributions you will make. When you think about what to select here, closely consider what you are writing in the other essays and use this space to help Kellogg learn even more about you. Given that essay questions 3 and 4A are focused on leadership experiences,do not duplicate the same topics in 2.

Finally, keep in mind that the first person at Kellogg to read your file will likely be a student member of the admissions committee: "Files are typically reviewed first by a student member of the admissions committee, then forwarded for additional review by staff members, including the Director of Admissions." Therefore explaining how you will contribute to your fellow students is no hypothetical issue.

3: Describe your key leadership experiences and evaluate what leadership areas you hope to develop through your MBA experience.

Given the importance that Kellogg places on leadership in teams, I think you should think about your leadership capacity and/or potential not only in relation to your future professional objectives, but to your ability to be a leader at Kellogg.

You will need to focus on more than one story as the question specifically asks for you to do so. I suggest focusing on two to three key experiences.

I have developed the following grid to help you outline leadership stories. The categories this grid employs may go beyond any particular schools essay requirements. Filling it out completely will help you write about your leadership in a way that will help convince admissions of your leadership potential.
CLICK TO ENLARGE.

How to use the grid:

1. Decide on a specific story.

2. Identify the most significant things you did in the situation, these are you action steps.
3. For each action step identify:

  • What skills or qualities you demonstrated to complete this step.
  • The strengths you demonstrated to complete this step.
  • The kind of leadership you demonstrated.
  • What you still need to learn about leadership.
4. Think about the results and identify how they relate to your action steps. So, at minimum, you should be able to state the impact on others and/or yourself.

5. After completing the chart you will see that some aspects of your action steps may be repeated. If there is a total duplication and nothing new is shown, either you need to redefine the action step or you may decide not to focus on it very much.

6. Once you think you have two to four fully worked-out action steps for two to three stories, start writing your essay.


7. Next start re-writing. Eliminate duplicate points made between action steps. Make choices about what parts of each action to step to highlight. Given that there are usually word limits, you will have to make some decisions about what to include. Simply providing a description of your actions, is not enough. Consider what it signifies about you. Consider what your actions reveals about your leadership potential.

8. Make sure that each story focuses on a different aspect of leadership. By all means, make sure that at least one of your leadership experiences relates to teamwork.

Finally, thinking and writing about leadership is an important part of preparing for interviews because you can be certain that you will have to talk about leadership. So, you might find that the parts of the outline you jettison now will become valuable when you will want to have alternative stories for your Kellogg interview.

4. Complete 2 of the 3 essays. (two to three double spaced paragraphs for each question). (NOTE: Kellogg originally asked for two paragraphs on their website, but the online application says 2 to 3 paragraphs)


Kellogg gives you options of how to proceed with this. Regarding length, two or three paragraphs is ambiguous, so I suggest writing about half to slightly less than one page per question.

4A - Describe a time when you had to motivate a reluctant individual or group.

This is likely to a leadership story and could easily be like Essay 3 in terms of its structure. I suggest that you try to make sure that there is no significant overlap in content between what you write here and what you write in Essays 2 or 3.

Motivating others is a key capacity for anyone who wants to lead others. Showing your ability to do so, will give admissions a greater understanding of your ability to successfully lead others. I don't suggest writing about a failure story here. I do suggest that you be as specific as possible about what you did to motivate an individual or a group.

If you methods for leading others have been based on simply making commands or otherwise using a hierarchical basis for getting others to ask, I suggest you don't answer this question as it may endanger your chances for admission. A consensus based approach is much more likely to make for an effective story here.

4B - I wish the Admissions Committee had asked me…..

Here you can write about anything you want. I don't suggest using this as a place for simply explaining something negative like a bad GPA, instead provide admissions with greater insight into who you are. Use this question to balance out the rest of your application by discussing some aspect of who you are that has not been sufficiently focused on. Specifically ask yourself, "What else can I tell Kellogg that help them understand why they should admit me?"

4C - What do others admire about you?

This quite an interesting question as it gives you the opportunity for analyzing yourself from the perspective of other people. Like with 4B, think of this as an opportunity to write about some aspect of yourself that has not been emphasized elsewhere in the application.

I suggest you focus on a specific value, action, or personality characteristic. Explain who admires you for it and why they do so. This is a great opportunity to interpret yourself. In addition to being an indicator of your awareness about how are you are perceived by others, this question will also help admissions understand what you are proud of. Think deeply and consider carefully what you write here.

4D - For re-applicants only:
Since your previous application, what are the steps you’ve taken to strengthen your candidacy?

Reapplicants should read my previous post on reapplication. Use this space to specifically explain what has improved about you since you last applied. You can certainly mention improved test scores, but I would not use an entire paragraph for it. Typical topics include: development of a new skill, promotions that your potential for future success, involvement in an extracurricular activity, learning significantly more about Kellogg, and why your goals discussed in Essay 1 now are better than the ones you presented last time.


Finally, sorry about the delay in getting this post up. I should be on more normal blogging pattern for the rest of the month.

Questions? Write comments or contact me directly at adammarkus@gmail.com.
Please see my FAQ regarding the types of questions I will respond to. Before emailing me questions about your chances for admission or personal profile, please see my recent post on "Why I don't analyze profiles without consulting with the applicant." If you are interested in my graduate admission consulting services, please click here.
-Adam Markus
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APPLYING TO MPA/MPP PROGRAMS

This is the first of two posts on MPA/MPP Programs by Steve Green. The second post is here, but read this one first. To learn more about Steve's graduate admission counseling services, please click here.
-Adam

This post is for anyone who is interested in applying to MPA (Master of Public Administration) or MPP (Master of Public Policy) programs. Among applicants to graduate programs, I have probably worked with more aiming at MPP and MPA programs than any other single degree besides the MBA. The content of this post is based on my experience with successful applicants to MPA/MPP programs at Syracuse, Harvard, Columbia, UCLA and UC-Berkeley, and other top schools.

I will discuss the differences and similarities between the two degrees, and offer advice on what you should know before you begin the application process. In my next posts I will provide strategies for school selection, and for writing the statement of purpose essay that most MPA/MPP programs require.

Throughout my posts I provide links to online resources to help you begin your search for information about degrees and careers in public policy.

WHO APPLIES TO MPA/MPP PROGRAMS?

  • People who seek careers in public service at the local, state/provincial, national or international level, such as in government, a non-profit organization (NPO), a non-governmental organization (NGO) or an international organization (IO) or:
  • People who already have a career in public service but want to develop the credentials necessary for management- and other leadership level positions,

WHAT ARE THE MPA/MPP?

Many of the successful applicants to MPA/MPP programs with whom I’ve worked have been sponsored officials of the Japanese government. In my experience of working with them and with other successful MPA/MPP candidates, applicants do not always understand the difference between the two programs when they first come to me for admissions consultation. While there has been some convergence between the two types of degrees, important differences still exist and you should know what these are before you select a program.

In general, if you want to play a leadership role in analyzing and creating public policy then the MPP may be the best degree for you. If you seek to oversee implementation of policies and to manage public offices, then the MPA may be your best choice. However, the two areas often converge, as recognized by two leading associations in the field of MPA/MPP studies.

GlobalMPA.net, which was created by the U.S.-based National Association of Schools of Public Affairs and Administration (NASPAA) to promote MPA/MPP education internationally, surveys programs in the United States and notes that:

NASPAA links to a Wikipedia entry on the subject, which states that:

With the above distinction and convergence in mind, you should learn what comprises the degree programs at particular schools BEFORE you begin the application process. For example, the number one school in the field, according to US News & World Report, Maxwell School at Syracuse University does not offer an MPP program but includes policy design and analysis as part of its MPA, which actually stands for Master of Public Administration.

The MPP program at Harvard’s Kennedy School of Government (number two on the USN&WR ranking) offers an MPA as well as an MPP, but the former combines curricula for policy design and management into one program while the latter is a specialized executive-level program for people who have already established careers in public service.

Furthermore, when you begin researching schools you’ll find that most programs offer specialized MPP/MPA degrees that combine core requirements with coursework and even fieldwork or internships in another field, such as urban planning, international development, or environmental policy.

GETTING STARTED

Before even selecting a school you have a lot to do!

First, as I always tell my clients, the search for a graduate school program that fits you begins within: Know your own particular intellectual and professional strengths.

One of the best ways to actually itemize your strengths is to MAKE A RESUME OR CV. Making a resume/CV allows you to prioritize your accomplishments and catalog your strengths. Your resume becomes a reference guide as you begin your school search. Since 2001, I have assisted numerous applicants on how make a resume or CV. For more about making a resume or CV, please see my earlier post.

Second, no graduate program will accept you unless you present a specific post-graduation career goal and demonstrate the potential to succeed in graduate school. So, before you begin your school search you should have detailed answers to these questions:

1. What are your career goals? What type of organization do you seek to work at after graduation and at what level do you believe you can realistically begin? For information about the many different careers in the US and international non-profit sector, I recommend you take a look at PublicServiceCareers.org and at the career-resources page of the National Association of Schools of Public Affairs and Administration (NASPAA).

Having a clear idea of the kind of career you seek will help you find the program that best fits your needs, and help you write a strong application essay. You may even find the Alumni Stories at NASPAA inspiring and helpful

Of course, you should also visit the website, or even the actual offices, when possible, of any organization in which you are interested in starting your career. Find out what specific positions are available for newly minted MPA/MPPs and what the career trajectories of these positions typically are.

All program websites will have a link to career resources and or to employment data of alumni. These are excellent sources for information about career options especially as you can see the kinds of jobs people typically obtain from different programs.

For example, The Goldman School of Public Policy at the University of California, Berkeley provides a detailed list of the employment of each graduating class. While there is no salary information here is a useful guide to career options for new public policy degree holders.

2. What specific skills do you need to reach those goals, beyond a generic need for "knowledge of public policy design and/or administration"? The skills and knowledge you need to obtain from a graduate program will depend upon your current strengths. My clients often are surprised when I advise them to BE SPECIFIC! I will say more about this topic in my next post, but you should write in detail about the specific strengths you already have and what particular skills you need to obtain from a grad program. To describe these meaningfully, you will need to examine the curricula of different MPA/MPP programs as well as review your own academic and professional record honestly.

Specific skills my successful clients to MPA/MPP programs have sought from their target schools include: advanced skills in quantitative analysis, advocacy skills, leadership skills management skills, and knowledge of the interface between a specific field and public policy (e.g. health care management, public policy around the development of IT) among others.

3. First, since you are applying to an academic program, you will need to highlight your intellectual strengths, which can include:

  • Overall good-to-excellent grades as an undergraduate or graduate
  • Excellent grades in university classes in or related to public policy, such as political science or economics courses
  • Scholarships or awards based on academic excellenct
  • A high GRE score
Next, you will need to demonstrate strengths related to advocacy, organizational skills and leadership. NOTE: You do not need to have had any actual formal leadership experience to do this. Rather, ask yourself when you took the initiative or organized a group toward completing a shared goal. The following may indicate your potential in the three areas listed above:
  • Individual or shared leadership of a team, club or charity organization, e.g. captaining your university baseball team, co-chairing a debate society, or organizing a charity event
  • Internships that utilized your analytical and/or communication skills
  • Leading a work-related project
  • Any supervisor-level position at a job
For both sets of strengths, you should prioritize the ones that you consider to be your greatest (and be sure you know why you consider them as such) and be able to provide specific examples for each. You should also try to select different types of strengths to present a well-rounded view of yourself.

I will say more about this important topic in a future post on writing graduate school statements of purpose.

4. What is your knowledge of statsistics and economics? Since any policy maker or policy manager must be able to understand, and produce, advanced quantitative analysis, many programs will expect that you have basic understanding of statistics BY THE TIME you enter the program. Here is what the Maxwell School of Public Affairs says on the subject: “[I]t is assumed that applicants will have a strong quantitative background. Applicants lacking a solid background in mathematics, economics and statistics are encouraged to remedy this deficiency prior to application.”

If you have not had any university-level coursework in economics or statistics, and if you have not acquired skills in these fields elsewhere, such as on the job, then how will you prepare yourself for the rigors of work based on these fields in graduate school? At some schools, you will have the option of learning this subjects without any prior knowledge, but at other programs such as Syracuse above, you will have to already have mastered the basics before you apply.

Third, you need to answer the next two questions about the costs of graduate school and the salary you expect to earn after graduation.

1. How will you pay for your graduate education? Are you prepared to leave the workforce and an income stream for 1-2 years? Are you prepared to pay for graduate school now or to go into debt? Master degree programs typically provide few scholarships. Of course, you should apply for any scholarships that are available, but you should also be ready to bear the burden of most or all of your costs. These include:

  • Tuition: Top programs often charge more than $20,000. Of course, this figure does not include:
  • Cost of living: You should budget approximately $15,000-20,000 for rent, utilities, food and books.

A good place to start collecting information about tuition and cost of living is GlobalMPA Web Portal’s online Database of MPA/MPP programs in the United States. You will need to enter the name of a school to begin your search.

I will write about school selection in my next post, but for now it may be a good idea for you to examine the tuition and costs of living of various programs around the United States in order to get an idea of the financial obligation you face.

2. Do you know what the average salary is in your field? In most cases, especially at any level below chief executive, public service salaries are lower than they are for similar job positions in the private sector. Have you considered what that means for your own expectations regarding standard of living and financial security? How will this affect your financial planning, especially in terms of paying off any student loans you may take to pay for your MPA/MPP degree?

For information about salary levels, look at Global MPA Net’s list of average salaries by job type average salaries by job types in NGOs, IOs, NPOs, MPAs/MPPs from GlobalNetMPA.org.

To its credit the School of International & Public Affairs (SIPA) at Columbia University provides excellent and detailed information about the post-graduation career paths and salaries of SIPA alumni.

The Goldman School of Public Policy at the University of California, Berkeley provides a detailed list of the employment of each graduating class. While there is no salary information here is a useful guide to career options for new public policy degree holders.


For questions regarding this post, please contact me at h.steven.green@gmail.com. To learn more about my graduate admissions consulting services, please click here.
- H. Steven ("Steve") Green, グリーン・ハロルド・スティーブン


大学院留学 カリフォルニア大学バークレー校 マクスウェルスクール シラキューズ大学 ハーバード大学ケネディスクール コロンビア大学の国際関係・公共政策大学院(通称SIPA)

August 08, 2008

"Business-school applications pick up as the economy slows"

I was just about to leave for my vacation when I saw this in The Economist:

ANYONE wanting further proof that the world economy is in trouble need look no further than the nearest business school. Many schools are hailing a bumper year for their full-time Master of Business Administration (MBA) programmes, which are popular with executives looking to hone their moneymaking skills while sitting out a downturn. Worryingly for those betting on a swift economic recovery, business schools reckon that next year could yield an even bigger crop of applicants.


If you want to know why, then read the whole article.


Questions? Write comments or contact me directly at adammarkus@gmail.com.
Please see my FAQ regarding the types of questions I will respond to. Before emailing me questions about your chances for admission or personal profile, please see my recent post on "Why I don't analyze profiles without consulting with the applicant." If you are interested in my graduate admission consulting services, then please click here.
-Adam Markus
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August 07, 2008

Summer Vacation, August 8-12

I will be on vacation from the 8th to the 12th of August. Look for more blog posts from the 14th. It is hot here in Tokyo, so I am happy to be going up north where it is a bit cooler. My wife and I will be traveling by local train to Sendai (for Tanabata), Hiraizumi, Yamadera, and Morioka (Wanko Soba!). If anyone has suggestions for good places to visit, please let me know at adammarkus@gmail.com.

Finally, for those of you in the midst of test prep hell, I wish you the best of luck.

Cheers,
Adam
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August 05, 2008

The Portfolio Approach to Graduate School Application Strategy

In this post, I will provide some suggestions for how to develop a portfolio approach to graduate school application. Below you can find sample portfolios for MBA applicants. Similar types of portfolios could be developed for other graduate degree programs.

I have previously blogged about school selection in terms of general selection strategy, ranking, location, financing your education, academic fit, prestige, and career prospects. In addition, I have analyzed the difficulty of admission into top US LL.M. programs. And most recently, I have analyzed MBA program ranking through a series of posts. All of these posts, like the one below, have been written with the express purpose of helping applicants determine where to apply.

A PORTFOLIO APPROACH TO GRADUATE SCHOOL APPLICATION STRATEGY
Once you go through your own evaluation process, you will ultimately have to draw up a list of programs to apply to. To me there are ultimately two rules for determining that list.

Rule One: Decide how much risk you want to take.
Just as if one was selecting an investment portfolio, defining the level of risk is a central consideration. While past performance is no guarantee of future performance, it is often the primary basis upon which one can judge the risk involved. Since you are trying to assemble a winning portfolio- admission to one or more of the programs you are applying to- you need to define how much risk you are willing to take. Be sure to look closely at acceptance rates and yields to determine the relative level of risk in your portfolio.

Unless your possibility for admission is 100%, have a "Plan B" ready. Typical Plan Bs include (1) application to additional programs in later rounds or for later start dates, (2)reapplication, or (3) forgoing a graduate degree.

Applying to more programs can decrease your risk but that is only the case if you are a good candidate for those programs. Don't treat your applications like lottery tickets. Instead think about whether you meet the degree program's minimum criteria and if you do, assume that your chance of admission is equal to that of the school's official acceptance rate. Assume that most applicants who apply are qualified to do so.

Applying to only one program can be quite rational for some applicants. If the acceptance rate for your top choice program is 50% or more and you meet or exceed the program's minimum standards, applying only to that program makes sense. Such applicants just need to be certain that they have a "Plan B" ready if they are dinged.

Rule Two: Only apply to where you are willing to go.
While this might not seem to have a direct parallel to investment decisions, actually it does. While there are some who might invest in something just by looking at the numbers, some of the world's most successful investors such as Warren Buffet, make decisions based on a holistic analysis of the investment. Buffet himself is widely known for only investing in businesses he understands and finds a good fit with. In a similar way, you should only apply to programs you are comfortable attending. Whatever a school's rank, rate of acceptance, location, or other features, the ultimate consideration is whether you want to attend it.

I know that some applicants must get into school. In particular, company sponsored applicants are often in the position of needing to guarantee their admission somewhere. In such a situation, a safety school is almost always a necessary part of the portfolio. The good news is that such graduate schools exist in abundance and can be applied to fairly late in the admissions season. There is almost always a LL.M. or MBA program to go to, unless one is restricted to a very small list of programs, such as only "Top 10" according to US News. I will show below how a great level of safety for MBA applicants can be obtained by application to a full range of "Top 20" programs.

That said, for the majority of applicants, going to graduate program is a choice, not a necessity. The applicant needs to define what is minimally acceptable. Minimal acceptability for some applicants will be a "Top 10" schools, while for others even a low-tier online program might be fine. I think determining what is minimally acceptable means taking a close look at ROI as well as accounting for personal taste.

ROI
Treating a graduate education as an investment means that you consider:
1. The loss of income due to being in school.
2. The cost of being in school
3. The financial benefits of the graduate degree
4. The personal benefits of the graduate degree

The first three considerations go into a quantitative analysis of Return on Investment and are what used by tools like BusinessWeek's ROI Calculator. While you can look at these numbers to determine what your minimal financial expectations are and eliminate programs that don't meet those expectations because they result in a bad financial return, until you factor in the fourth consideration, you are not really doing a full analysis of your ROI.

The fourth consideration is about all of those reasons for pursuing a graduate degree that cannot be connected to income, but are still real benefits. The benefits of learning something new, fundamentally altering one's perspective, and/or opening oneself up to new opportunities that can't be quantified might outweigh more easily measured financial considerations.

PERSONAL TASTE
If you know Tuck's small town location will bore you, don't apply there. If you hate Madrid, forget about IE. If you know New York City is not for you, don't bother with NYU or Columbia. If you hate the rain, forget about LBS. Hopefully your tastes are not so narrow that there will be no place left to apply to. But seriously, take your personal tastes into account when selecting where to apply. Consider your tastes not just in terms of location, but also in terms of the school itself. Look closely at the program, not just the school's brand. When I meet with clients, I encourage them to take their personal tastes into account, but I also encourage them to investigate all highly viable options before narrowing to the four to ten schools that most will apply to.

COMING UP WITH THE LIST: SAMPLE MBA PORTFOLIOS
Below are some sample portfolios for MBA programs using the list of 39 "Top 20 Programs" that I have previously written about. These are Fall 2007 Acceptance Rates, so assume that Fall 2008 was even harder.

Here is the list of schools:
RANK ------------------------ BUSINESS SCHOOL
1. Acceptance Rate: 7.90% Stanford University GSB
2. Acceptance Rate:13.70% UC Berkeley: Haas
3. Acceptance Rate:13.80% Harvard Business School
4. Acceptance Rate:14.70% Yale School of Management
5. Acceptance Rate:16.30% Columbia Business School
6. Acceptance Rate:17.10% New York University: Stern
7. Acceptance Rate:17.30% U. of Pennsylvania: Wharton
8. Acceptance Rate:19.20% Dartmouth College: Tuck
9. Acceptance Rate:19.70% MIT: Sloan
10. Acceptance Rate: 20% HEC Paris, France
11. Acceptance Rate: 20.40% U. of Michigan: Ross
12. Acceptance Rate: 23.30% U. of Chicago GSB
13. Acceptance Rate: 23.40% UCLA: Anderson
14. Acceptance Rate: 24% IESE Business School
14. Acceptance Rate: 24% Northwestern U.: Kellogg
16. Acceptance Rate: 26% IE Business School
17. Acceptance Rate: 26.70% Cornell University: Johnson
18. Acceptance Rate: 28% IMD
19. Acceptance Rate: 28.90% U. of Virginia: Darden
20. Acceptance Rate: 29.00% York University: Schulich
21. Acceptance Rate: 29% USC: Marshall
22. Acceptance Rate: 29.60% Michigan State: Broad
23. Acceptance Rate: 29.80% Carnegie Mellon: Tepper, US
24. Acceptance Rate: 31.50% Duke University: Fuqua
25. Acceptance Rate: 33% McGill
26. Acceptance Rate: 34% U. of TX at Austin: McCombs
27. Acceptance Rate: 34.40% Indiana University: Kelley
28. Acceptance Rate: 37% SDA Bocconi Italy
29. Acceptance Rate: 39.20% UNC: Kenan-Flagler
30. Acceptance Rate: 42% U. of Toronto: Rotman
31. Acceptance Rate: 48% ESADE Business School
32. Acceptance Rate: 49.80% U. of Iowa: Tippie
33. Acceptance Rate: 53% Brigham Young: Marriot
34. Acceptance Rate: 54% UBC: Sauder
35. Acceptance Rate: 56% Cranfield S. of Management
36. Acceptance Rate: 59% RSM Erasmus University
37. Acceptance Rate: 62% HEC Montreal, Canada
38. Acceptance Rate: 65% Queen's School of Business
39. Acceptance Rate: 72.30% Thunderbird

(Looking for INSEAD, LBS, Oxford, or Cambridge? They don't report their acceptance rates.)

Please note: For all of the portfolios below, I assume you have the minimum number of required years of work experience and are within the 80% age range for the programs you apply to.

SUPER HIGH RISK- US "Top 10"
Apply to 4-8 US programs with at least half having a less than 20% acceptance rate and remainder having less than a 25% acceptance rate. This portfolio is ideal for those with GPA, GMAT, and TOEFL (if required) at least at the middle of the 80% range who are willing to reapply or forgo an MBA.

HIGH RISK- US and/or Europe "Top 10"
Apply to 4-8 programs in the US and/or Europe with no more than half having a 20% or higher acceptance rate and one having a 25%-30% acceptance rate. This portfolio is ideal for those who have GPA, GMAT, and TOEFL (if required) within the 80% range and are willing to reapply or forgo an MBA.

MODERATE RISK- "Top 20"
Apply to 6-10 programs with a least two of them having a 30% or higher rate and no more than half having less than a 20% acceptance rate. This portfolio is ideal for those who have GPA, GMAT, and TOEFL (if required) within the 80% range and are comfortable with taking a little risk.

LOW RISK- "Top 20"
Apply to 6-10 programs with one program with a 40% or higher acceptance rate, two programs with a 30% or higher acceptance rate, and two programs with 20% or higher acceptance rate. This still allows you to apply for one or more programs with less than a 20% chance of admission. This is ideal for those have wide-latitude about where they are willing to apply, and have GMAT, GPA, and TOEFL within the 80% range.

VERY LOW RISK- "TOP 20"
Apply to Thunderbird, Queen's, HEC Montreal, RSM, and/ or Cranfield as your safety school(s), at least two more schools with a 40% acceptance rate (including the one's I have just mentioned), and at least three schools with a 30% acceptance rate. Feel free to apply to dream schools with a 30% or less acceptance rate. This is ideal for both individual and company-sponsored applicants with GMAT, TOEFL, or GPAs at the lower end or slightly below the 80% range.

For the record, the majority of my MBA clients for Fall 2008 admission fit into the very high, high, and moderate risk categories and they all made it. You can find their results here.

ONE FINAL SUGGESTION
Once you have determined where to apply, forget completely about your chances for admission or your competition. Instead, focus completely on putting together the best applications you can. Focus on making the best case for yourself.

Questions? Write comments or contact me directly at adammarkus@gmail.com.
Please see my FAQ regarding the types of questions I will respond to. Before emailing me questions about your chances for admission or personal profile, please see my recent post on "Why I don't analyze profiles without consulting with the applicant." If you are interested in my graduate admission consulting services, please click here.
-Adam Markus
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