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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.

July 24, 2009

HBS Class of 2011 Profile

HBS has posted its Class of 2011 Profile. The admission rate for Fall 2009 entry was 12% with 89% yield (It would be great to know what percentage of those who rejected HBS are going to Stanford. 9%?). The increase in Class size from 900 (Class of 2010) to 942 (Class of 2011) is certainly the most important thing to note. Clearly HBS is taking advantage of the expansion made possible by the increase in applications. Still, looking at the historical data, they seem focused on accepting 12% of those who apply. For Fall 2009, there was almost a 5% increase in applications compared to Fall 2008. Further increases should be expected this year at HBS and the rest.


Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to. If you are looking for a highly experienced admissions consultant who is passionate about helping his clients succeed, please feel free to contact me at adammarkus@gmail.com to arrange an initial consultation. To learn more about my services, see here. Initial consultations are conducted by Skype or telephone. For clients in Tokyo, a free face-to-face consultation is possible after an initial Skype or telephone consultation. I only work with a limited number of clients per year and believe that an initial consultation is the best way to determine whether there is a good fit. Whether you use my service or another, I suggest making certain that the fit feels right to you.

-Adam Markus
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July 16, 2009

HBS: What is your career vision and why is this choice meaningful to you?

This post is on the fifth of five of the "pick two" questions for the Harvard Business School MBA Application for Fall 2010 Admission. You must answer two questions out of five of these options. All the posts in this series: Overall Strategy, Accomplishments, Mistake, Option 1, Option 2, Option 3, Option 4, and Option 5. My post on HBS interviews can be found here.

Option 5
. What is your career vision and why is this choice meaningful to you? (400-word limit)

While I think it is important that the MBA Admissions Board understand what motivates you, I don't believe that you necessarily have to answer Option 5 to tell them that. While many applicants are likely to want to answer this question, if you want to set yourself apart from the pack, don't do it unless your answer is really very compelling.

An obvious reason for why HBS admissions made this question optional is because they don't want to read standard obligatory goals essays. This has been part of trend at HBS which began when they stopped asking about why applicants want to attend there. I think they decided that asking that particular "Why HBS?" question was not interesting and probably not sufficiently helpful in selecting who would necessarily succeed at HBS. As I have mentioned in my first post in this series, it is possible to express your future academic and professional objectives in another essay question.

Especially given the poor job market providing an answer to this question that is not compelling is a poor use of your limited essay space. If you know your career goals are fairly generic ("I WANT TO BE A CONSULTANT"), don't write on this topic. Instead, create an overall essay strategy that includes with in at least one of your four essays a clear explanation of why you want an HBS education and your potential to succeed at HBS and afterwords. While you will certainly have to explain your goals in an HBS interview, if you know your career vision is not one of the more interesting subjects you have to write about, don't write Option 5.

At a strategic application level, I suggest you still should go through the process of analyzing your goals in detail.
Chances are quite high that if your are interviewed by HBS, you will be asked about your goals. Hence, having essays that account for your goals even indirectly or in limited detail is an important part of having an overall application strategy.

Even if your career vision is absolutely clear to you, I suggest going through a formal process of MBA goals formulation. You can use my GAP, SWOT, AND ROI TABLE FOR FORMULATING GRADUATE DEGREE GOALS for this purpose (see below). I think Gap, 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 a GMAC report on MBA ROI.)

(To best view the following table, click on it. For a word version, please email me at adammarkus@gmail.com)

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, then 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. If you know about HBS, you are ready to write about your goals, whether in Question 3-4 or elsewhere in the essay set.

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?

Formulating goals is not enough to answer 3-4 effectively because HBS is especially focused on understanding the "why," not just the "what." Simply stating what your goals are and why HBS is the best place for you to accomplish them is not exactly what you need here. Instead, you need to articulate a vision related to your goals. You need to focus on your motivations as well as your idealized career outcomes.

Making your career goals sound exciting requires thinking about whether these 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..."), putting together a truly outstanding career vision is one way of differentiating your application. But how?

Be informed. HBS 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 are planning on staying in your present industry, you should be well informed not only about the companies you have worked for, but the industry as a whole. If you are not already doing so, read industry related publications and network.

Those changing fields should most certainly read industry related publications in their intended field. Additionally, I suggest 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 that 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 the Harvard Business School as someone who is not only well informed, but has CUTTING-EDGE knowledge. Some great general sources for learning what is hot:

HBS Sources: One of the best places to learn about what HBS perceives as cutting-edge is through HBS. You should most certainly visit Harvard Working Knowledge, Harvard Business Review, and Harvard Business School Publishing.

Beyond HBS: Additionally, other great business school sources include the University of Chicago GSB's Working Papers, The University of Chicago's Capital Ideas, Stanford Social Innovation Review, Knowledge @ Wharton, and MIT Sloan Management Review.

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.


The writing process: After going through a process of reflection and analysis, prepare a version of this essay that includes everything you want to say. If you have previously prepared a goals essay for another school this may serve as a foundation, but modify it to tell admissions everything you would want them to know about your career vision. Next begin the process of revision. Here are a few key things to consider when revising:

1. Think about the most important thing you need admissions to know about your career vision. Begin your essay with that. Chances are good that on your initial draft the most important thing is somewhere in the middle or end of your essay.

2. Prioritize the rest of your content: What do they really need to know? You probably have lots of details that can be cut.

3. Make a formal argument: Your essay should be neither a set of disembodied points or a summary. Instead, it should be a formal statement about your career vision. It may very well partially take the form of a memo or it may be rather creative. The important point is that the reader should be able to understand it clearly and be convinced by it.

Finally, once you have put together your career vision, consider how the rest of your application supports what you say in it. Without over-marketing yourself, or even necessarily writing it directly in the essays, make sure that your past accomplishments and other aspects of your application show how your potential will contribute to your future career vision.

Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to. If you are looking for a highly experienced admissions consultant who is passionate about helping his clients succeed, please feel free to contact me at adammarkus@gmail.com to arrange an initial consultation. To learn more about my services, see here. Initial consultations are conducted by Skype or telephone. For clients in Tokyo, a free face-to-face consultation is possible after an initial Skype or telephone consultation. I only work with a limited number of clients per year and believe that an initial consultation is the best way to determine whether there is a good fit. Whether you use my service or another, I suggest making certain that the fit feels right to you.
-Adam Markus
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HBS: Write a cover letter to your application introducing yourself to the Admissions Board.

This post is on the forth of five of the "pick two" questions for the Harvard Business School MBA Application for Fall 2010 Admission. You must answer two questions out of five of these options. All the posts in this series: Overall Strategy, Accomplishments, Mistake, Option 1, Option 2, Option 3, Option 4, and Option 5. My post on HBS interviews can be found here.

Option 4
. Write a cover letter to your application introducing yourself to the Admissions Board.

When I first saw this question I started to laugh. I had simply never imagined that HBS would copy a standard part of MIT's application:

Cover Letter
Prepare a cover letter (up to 500 words) seeking a place in the MIT Sloan MBA Program. Describe your accomplishments and include an example of how you had an impact on a group or organization. Your letter should conform to standard business correspondence and be addressed to Mr. Rod Garcia, Director of MBA Admissions.


I imagine that I am not alone in being amused. That said, there are three major differences between what MIT is doing with its cover letter and what HBS is doing. First, the MIT cover letter is mandatory for all applicants, while the HBS cover letter is simply an optional topic. Second, the suggested content for the MIT cover letter is quite specific about what it should contain, while the HBS cover letter is rather general. Third, given the structure of the essay sets, the MIT cover letter is the only place in the set where it is really appropriate to answer the WHY MBA/MIT? question, but in the HBS set, it is possible to do so in other essays.

One thing that both schools have in common is the fact that they call this a "cover letter." Keep in mind that great cover letters result in job interviews. Assume the same about this one: It should result in an interview invitation. How will your cover letter standout? If you don't know how to do a US-style cover letter, you need to learn. Here are two good sites for that purpose:
http://www.vault.com/nr/ht_list.jsp?ht_type=9
http://www.rpi.edu/web/writingcenter/cover_letter.html

An effective answer to this question will provide admissions with a clear, albeit limited, image of who you are. Make sure that the focus is on who you are and not just a summary of what you have done. The resume will help them understand what you have done, but what they need in this cover letter is an interpretation of who you are. Bad answers here will consist of summarized resumes. Great answers here will provide admissions with some insight into "your soul."

If you can connect yourself to your career vision and/or reasons for wanting an MBA, this essay can be effective alternative to writing
Option 5. While I suppose it is possible to write Option 4 and Option 5, if you do so, obviously focus on who you are and not the MBA/Career vision aspect in the cover letter.

For those who also apply to Stanford GSB , it is possible that the content you develop for Stanford Essay 1 will work here in a modified form. Just be careful that HBS does not get that impression.

Finally, this cover letter can be great essay topic for those who love to talk about themselves, their values, and their personal histories. If you are not such a person, don't write this one.


Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to. If you are looking for a highly experienced admissions consultant who is passionate about helping his clients succeed, please feel free to contact me at adammarkus@gmail.com to arrange an initial consultation. To learn more about my services, see here. Initial consultations are conducted by Skype or telephone. For clients in Tokyo, a free face-to-face consultation is possible after an initial Skype or telephone consultation. I only work with a limited number of clients per year and believe that an initial consultation is the best way to determine whether there is a good fit. Whether you use my service or another, I suggest making certain that the fit feels right to you.
-Adam Markus
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HBS: Tell us about a time when you made a difficult decision.

This post is on the third of five of the "pick two" questions for the Harvard Business School MBA Application for Fall 2010 Admission. You must answer two questions out of five of these options. All the posts in this series: Overall Strategy, Accomplishments, Mistake, Option 1, Option 2, Option 3, Option 4, and Option 5My post on HBS interviews can be found here.

Option
3. Tell us about a time when you made a difficult decision.
(400-word limit)

Before reading this post, you should read my post on Option 2 as my general discussion of leadership and how to answer leadership questions can be found there.

An HBS MBA educuation is very much focused on teaching students about how to make decisions:

AT HBS, EVERY DECISION YOU MAKE IS A PRICELESS LESSON IN LEADERSHIP

Given the role of decision making within the way case study is taught at HBS (for more about case study, see the first post in this series), asking applicants to provide an example of their own ability to make a difficult decision is a great way to determine whether the applicant has the potential to benefit from an HBS education.

Conceptualizing and Organizing Your Essay
While it is possible to use the leadership essay gird that I utilized in Option 2, here is another way to think about Option 3:

1. State as clearly as possible what the decision was. Emphasize exactly why the decision was difficult. Just as with "false learning" in the Mistake essay, "false decisions" are to be avoided. Decisions are only real if there are at least good viable choices. For example, if one of two options is clearly unethical or illegal, this would be an example of a "false decision." In fact, bad ethical dilemma essays are often bad because there is no real dilemma because one of two options is not a real option. Keep in mind that a good essay topic here may or may not be based on ethical considerations. One of the nice things about this topic is that a difficult ethical decision is only one possible topic here. The decision might be of a more personal nature. It might relate to an investment. It might relate to hiring or firing someone. It might relate to a technical issue. Whatever the topic, a key consideration is that the decision be real.

2. Explain why the decision was difficult. It is not enough that decision be real, you need to make your reader believe it was difficult. If you can't clearly explain why the decision was difficult, the way your conceptualizing your topic will not work. I will make the assumption that teh decision was difficult because it was about something important. That the decision should important might seem obvious, but I would hate to learn of someone who writes about an unimportant, but difficult decision. Such an answer, while conforming to the literal question being asked, is clearly not what HBS is expecting. Bottom line: Make sure your reader understands both why the decision was difficult and why it was important.

3. Explain what decision you made and why. Obviously given the word count, there will be limited space for this explaination. Still it is absolutely critical that you justify the decision you made as this will give your reader a clear understanding of your thought process. Additionally if you don't fully interpret your decision, you are essentially leaving to your reader to do so, which means you are no longer even trying to control the message you are sending to your reader.

4. State the impact of the decision. It is critical that you actually explain what the outcome was. While someone might want to write on a failed decision, given that this essay set already includes a Mistake essay, I can't recommend doing that. I think it is rather important that the impact be positive.

5. Provide minimally sufficient context for understanding the situation. This is a rather obvious point, but it is important that you provide the minimum context necessary so that the reader can understand the situation. At the same time, given the word count issue here, you will really need to keep this to a minimum.

Finally, keep in mind that questions related to difficult decisions, ethical or otherwise, are very common in MBA interviews.

Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to. If you are looking for a highly experienced admissions consultant who is passionate about helping his clients succeed, please feel free to contact me at adammarkus@gmail.com to arrange an initial consultation. To learn more about my services, see here. Initial consultations are conducted by Skype or telephone. For clients in Tokyo, a free face-to-face consultation is possible after an initial Skype or telephone consultation. I only work with a limited number of clients per year and believe that an initial consultation is the best way to determine whether there is a good fit. Whether you use my service or another, I suggest making certain that the fit feels right to you.
-Adam Markus
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July 15, 2009

HBS: Discuss how you have engaged with a community or organization.

This post is on the second of five of the "pick two" questions for the Harvard Business School MBA Application for Fall 2010 Admission. You must answer two questions out of five of these options. All the posts in this series: Overall Strategy, Accomplishments, Mistake, Option 1, Option 2, Option 3, Option 4, and Option 5. My post on HBS interviews can be found here.
 
Discuss how you have engaged with a community or organization.
(400-word limit)

HBS has provided a leadership question that anyone can answer. "Community" and "organization" are such inclusive terms that one might be referring to a small local community, a virtual community, a specific ethnic/religious community, a corporation, a small company, a worldwide NGO, a school, etc. Engagement means involvement, contribution, making a difference. To do so is to show the potential for leadership that HBS is looking for. If you don't write on this question, your leadership potential must be accounted for elsewhere in the HBS application. The most likely alternatives include Option 3 and the Accomplishments question.

HBS is about leadership. The HBS mission statement makes that clear: The mission of Harvard Business School is to educate leaders who make a difference in the world. As such HBS places a very high premium on applicants' leadership potential:
A Habit of Leadership
We recognize—and welcome—leadership that may be expressed in many forms, from college extracurricular activities to academic or business achievements, from personal accomplishments to community commitments. We appreciate leadership on any scale as well, from organizing a classroom to directing a combat squad, from running an independent business to spearheading initiatives at work. In essence, we are looking for evidence of your potential — a portfolio of experiences, initiatives, and accomplishments that reflect a habit of leadership.

Harvard thus has a very open-ended conception of leadership, but they are rigid in the necessity that applicants demonstrate it. I think this is true for other schools to a varying extent as well. For example, like HBS, "INSEAD is looking for applicants who can demonstrate their potential as leaders." Also see my comparison of leadership at HBS and Stanford GSB. Even if a set of business school essay questions does not necessarily explicitly ask for you to show your potential for leadership, your leadership had better be expressed.

Leadership is no easy thing. Nor is it obvious. The worst possible thing is to conceive of leadership as simple formal responsibility or a title because this conveys nothing about the person in that position. While some applicants will have held formal leadership positions, many will not.

Formal leadership positions are great to write about if they involve the applicant actually having significant impact, making a difficult decision, being a visionary, showing creativity, or otherwise going beyond their formal responsibility, but the same is true for those showing leadership without having a formal title.

If you are having difficulty really understanding leadership, I have a few suggestions.

First, one great place to read about leadership, and business in general, is Harvard Business School Working Knowledge.

Second, find out what kind of leader you are by taking this quiz based on Lewin's classic framework. I think leadership is more complicated than Lewin's framework, but this quiz is a great way to get you started thinking about yourself, a key part of answering any leadership essay question effectively.

Third, if you have not done so, I suggest reading relevant essays in 65 Successful Harvard Business School Application Essays: With Analysis by the Staff of the Harbus, The Harvard Business School Newspaper. Reading through the essays on leadership should help you to understand the great diversity of topics that are possible.

OK, now that we have grounded ourselves in understanding the importance of leadership and begun to develop some possible leadership stories, how should you proceed?

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

How to use the grid:
1. Decide on a specific story. HBS Option 2 is asking about "a community or organization,"so select only one. If you write on HBS Option 3, clearly the focus on the decision you made.
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 the community or organization. Additionally you may find that you are able to state the impact on 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, 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 engagement, is not enough. Think about what it signifies about you. Think about what your engagement reveals about your leadership potential, your professional or personal goals, and/or your skill set.

Option 2 or Option 3? Write on both?
If the story you are telling is more focused on decision making and not so focused on engagement in an organization or community, Option 3 is clearly better. I suppose it is possible to write on both of these options, but if you did so, clearly very different stories with little or no overlap would be ideal. In addition, it would be important to include something about your future goals and reason for wanting an MBA somewhere in the essay set.

Writing about Goals in Option 2 or Option 3
If the story you tell in either option connects in well with your future goals, it is certainly possible to use Option 2 or Option 3 for that purpose. That said, I never saw a set of essays that used Option 2 for that purpose. That fact alone may make the choice of doing so effective for the right candidate telling the right story.

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 HBS interview.

Questions? Write comments or contact me directly at adammarkus@gmail.com. Please see my FAQ regarding the types of questions I will respond to. If you are looking for a highly experienced admissions consultant who is passionate about helping his clients succeed, please feel free to contact me at adammarkus@gmail.com to arrange an initial consultation. To learn more about my services, see here. Initial consultations are conducted by Skype or telephone. For clients in Tokyo, a free face-to-face consultation is possible after an initial Skype or telephone consultation. I only work with a limited number of clients per year and believe that an initial consultation is the best way to determine whether there is a good fit. Whether you use my service or another, I suggest making certain that the fit feels right to you.
-Adam Markus
アダム マーカス



カウンセリング コンサルティング エッセイMBA留学 ハーバード リーダーシップ
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