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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 19, 2011

Stanford GSB: Additional Info, Resume, Employment History, Activities


This is the fifth of five posts analyzing the Stanford GSB MBA Essay Questions for Class of 2014 Admission. The five posts are overall comments, Essay 1, Essay 2, Essay 3, and additional information/resume/employment history/activities. My analysis of Stanford GSB interviews can be found here. In addition to the Class of 2014 posts, I also recommend reading and/or listening to my presentation, "So you want to get into Stanford GSB?" which was made to a Japanese audience in March 2011. That presentation focuses on issues that are applicable to all applicants as well as some issues specific to Japanese applicants.
 
THINK ABOUT THE REST OF THE APPLICATION
There is nothing more depressing to me than to look at an MBA application that is hastily put together. Worse still if it is for a school that is hard to get into. Worse yet if it is for Stanford, where, under Derrick Bolton, there is a very rigorous approach to application review.

The application form, transcript, and resume all play a significant role in the evaluation of your suitability for admission.  Given Stanford is evaluating your intellectual vitality, demonstrated leadership potential, personal qualities, and qualifications (See the first post in this series), you can be certain that beyond your essays, the rest of the application will be highly scrutinized to determine how you benchmark against these criteria.

Some people look at application forms as mere forms. I look at them as opportunities  to provide admissions with as complete and impressive presentation as one can. The reason admissions made the application was because they need the information to make a decision about you, so don't provide something that is done at the last minute. For a full analysis of an MBA online application, see here.

RESUME &  EMPLOYMENT HISTORY:
In this section of the online application, you have an opportunity to describe your employment history, including your responsibilities, your challenges, and accomplishments. Include both full-time and part-time work experiences. We value diversity of experience in our student body, so no one industry or function or background is preferred over another. As you approach your MBA application, keep in mind that we are more interested in the impact you have had in your work place than the name or stature of your organization. Have you made the most of your professional opportunities? Are you cultivating your leadership and team skills and making a difference? We look at your responses in conjunction with your recommendations to create a broad picture of the impact you have had in your work environment(s). If you have had more than one job, we also ask why you left your previous employer(s). Your response to this question will help us understand your career development and what has motivated your decision making. We also ask you to report the industry and job function you hope to pursue after you obtain your MBA. Resume After completing the Employment History section, please upload a current copy of your resume. Recommended length is one to two pages.


Along with the essays, the resume and Employment History are the most critical documents that you control. Both should present you as effectively and honestly as possible. These two values are not in conflict: Be honest, be thorough, and do not be humble. You are being judged by your professional experience and this is where they get your complete record of it.  Please see here for the resume template that many of my clients admitted to Stanford and other top programs have used.

TRANSCRIPTS
At a Stanford presentation in Tokyo back a few years ago, the admissions officer emphasized that the admissions committee closely reads transcripts. While you don't control the content at this point, you have the possibility of impacting how the transcript is interpreted. Scrutinize your own transcript. If your GPA is high, this is easy. You can relax. If on the other hand,your transcript reveals an unimpressive GPA, some very low grades, gaps in study, or anything else that concerns you, you had better figure out how to address in the Additional Information section.

USE IT OR DON'T USE IT, BUT DON'T ABUSE IT:

Additional Information
If there is any other information that is critical for us to know and is not captured elsewhere, include it in this section of your application.  Do not include additional essays.
Examples of pertinent additional information include:
  • Extenuating circumstances affecting academic or work performance.
  • Explanation of why you do not have a Letter of Reference from your current direct supervisor.
  • Explanation of criminal conviction, academic suspension or expulsion, and/or failing grades.
  • Any other information that you did not have sufficient space to complete in another section of the application (begin the information in the appropriate section).
  • Additional work experience that cannot fit into the space provided.

If you read the above, it should be clear enough that this is the place to explain anything negative or potentially negative in your background or to provide additional information that did not fit in the space provided. DO NOT USE IT FOR ANY OTHER PURPOSE. Yes, you may have written a great essay for Tuck, Wharton, Harvard, Chicago, NYU, MIT, INSEAD, Columbia, or London Business School, but unless your objective is to inform Stanford GSB about that, don't include it here. I don't think the categories above require interpretation as they are clear.

If you really have no explanation for something negative, don't bother writing about it. For example if your GPA is 2.9 and you have no good explanation for why it is 2.9, don't bother writing something that looks like a lame excuse. This is more likely to hurt than help you. In the same vein, don't waste the committee's time telling them that your GMAT is a much better indicator than your GPA (the opposite is also true). They have heard it before and they will look at both scores and can draw their own conclusions without you stating the obvious. That said, if you have a good explanation for a bad GPA, you should most certainly write about it.

ALMOST EVERYONE HAS SOMETHING THEY WANT TO EXPLAIN. It might be small or it might be large, but if you don't give your interpretation of something that may look odd in your application, why assume that someone reviewing it will interpret in a manner favorable to you?   Your objective is to always provide the admissions reader with an interpretation, especially of something you think is relatively obvious and potentially negative.

Activities
We do not expect every applicant to be involved in activities outside the classroom or workplace.
If you have been involved in activities, however, this is an excellent way for us to learn more about your interests and experiences.


This section is important. Of course, some applicants will not have much here, while  others will have a plethora of things to mention. In any case, provide the best answer you can. Use your judgment about what to include. The above instructions make it very clear that Stanford GSB is not looking for quantity. Give them quality and don't mention anything that will show your lack of commitment: If you joined a lot of organizations for a really short time and did nothing, I don't think that it will help you to mention it.

Finally, please keep in mind that there is no perfect applicant, just like there is no perfect human being. If you have had to work 100-plus hours a week since graduating from university and your idea of extracurricular activity is sleep, don't assume that not having any great activities will hurt you. Admissions will evaluate your whole application. I have had the opportunity to work with great applicants who were admitted to Stanford, and I can say none of them were perfect, but what they were able to do was present themselves as honestly and effectively as possible.
-Adam Markus
アダム マーカス
I am a graduate admissions consultant based in Tokyo, Japan with clients worldwide. If you would like to arrange an initial consultation, please complete my intake form, which is publicly available on google docs here, and then send your completed form to adammarkus@gmail.com.  You can also send me your resume if it is convenient for you.  Please don't email me any essays, other admissions consultant's intake forms, your life story, or any long email asking for a written profile assessment. The only profiles I assess are those with people who I offer initial consultations to.  See here for why. Please note that initial consultations are not offered when I have reached full capacity or when I determine that I am not a good fit with an applicant.

ス タンフォード ビジネススクール カウンセリング コンサルティング 大学院 エッセイMBA留学

July 17, 2011

HBS CLASS OF 2013 PROFILE

I wanted to briefly discuss the HBS Class of 2013's profile and consider what it means for future applicants.  For my analysis of the essays and recommendations for the Class of 2014, please here.

AGE
On June 21st, Harvard Business School's Admissions Director posted the following "Class of 2013 Graduation Years" chart:

Class of 2013 statistics


As you can see, the 4 members of the Class of 2013 who received their undergraduate degrees in 2000 (Assuming graduation at age 22, approximately age 33 or older) or earlier represented .4% of the Class of 2013's 918 students. The total percentage of those 30 and over could be not much more than (Graduated 2003 or earlier) approximately 5% of the Class of 2013. You can look at this in a few ways:
1. The chance for admission to HBS when you are 30 and over at the time of matriculation is pretty low.
2.  There is a chance for admission for those over 30 and the percentage is so small because the entering class at HBS is huge. It is important to consider that while HBS only takes 12% of those that apply, it is a giant class.
3.  Applying to HBS when you are 30 or older is very risky and hence should be combined with application to other programs except for those with a very high risk tolerance.

According to the Class of 2013 statistics, the average age for the class will be 27. Compared to the Class of 2012 (11% acceptance rate), it was 1% easier to get into the Class of 2013, but actually the typical rate in recent years has been 12%, so I would not look at this as any sort of meaningful trend.

Two other meaningful trends that have been widely reported about the Class of 2013 are worth keeping in mind.

1. Percentage of Finance professionals down, manufacturing and technology professionals up 
The Wall Street Journal did a good job on reporting on this:
Harvard Business School's incoming class will have a substantially smaller percentage of finance professionals than in previous years. Instead, a higher number of students will have manufacturing and technology backgrounds.

According to preliminary figures from Harvard's admissions department, about 25% of the 919 students in the class of 2013 are from finance industries— including private equity, banking and venture capital—compared with 32% last year. 
Harvard administrators say the change reflects a greater quantity of strong applicants from nonfinance industries. The number of applicants from the finance world decreased as recession woes eased, as well. 
Students with manufacturing backgrounds make up 14% of the class of 2013, up from 9% the previous year. Technology rose three percentage points to 9%.
Though the school continually seeks to bring in a diverse mix of students, "We don't run with quotas or targets," says Deirdre Leopold, managing director of M.B.A. admissions and financial aid. "We drive towards what they can contribute to the overall learning.
I am not surprised to see schools like HBS decide to better diversify their classes.  It would seem to be schools interests to make sure that they don't let in too many finance people, especially as the American job market in this area is by means looking attractive.  Assuming these trends continue, it will certainly impact future candidates.  For those who had erroneously thought that HBS was not a school for engineers, they will hopefully take a second look.  For those coming from the finance industry, all I can say is leverage your risk.


2.  A very positive indicator is the increase in the percentage of woman who are part of the Class of 2013. With 39% female, this will be the highest percentage ever. Hopefully this percentage will continue to grow.


Finally, whatever categories you might fall into, just operate on the assumption that you are more than your statistical breakdown.  The admissions process at HBS goes beyond such facts to the individual.  If you think you are right for HBS, the only way to find out is to apply!



-Adam Markus
 アダム マーカス
I am a graduate admissions consultant based in Tokyo, Japan with clients worldwide. If you would like to arrange an initial consultation, please complete my intake form, which is publicly available on google docs hereand then send your completed form to adammarkus@gmail.com.  You can also send me your resume if it is convenient for you.  Please don't email me any essays, other admissions consultant's intake forms, your life story, or any long email asking for a written profile assessment. The only profiles I assess are those with people who I offer initial consultations to.  See here for why. Please note that initial consultations are not offered when I have reached full capacity or when I determine that I am not a good fit with an applicant.


MBA留学 ビジネススクール カウンセリング コンサルティング  ハーバード MBA

July 16, 2011

ON POST-MBA ENTREPRENEURIAL GOALS

I wanted to provide some admissions advice for MBA applicants with entrepreneurial goals. As with all my advice, it is based simply on what is intended to generate a positive admissions result from an MBA program and is not primarily intended to be actual career advice.

How will a specific MBA program help you achieve your entrepreneurial goals?
Be specific.  For example, Wharton, a school that many don't initially associate with entrepreneurship, has significant resources in this area, which are all accessible via this page.  You can find similar entrepreneurial pages for HBS, Stanford (Given the vast entrepreneurial resources that exist through Stanford University, this link is for the entire university, not just the GSB), Columbia Business School, UC Berkeley Haas, Chicago Booth, MIT Sloan,  and many others if you look for them. Some schools, might not have a single comprehensive page. If you can't find main academic, student club, and research pages, it is probably a good indicator that the school is not very good at entrepreneurship. If the school is not good at entrepreneurship and you want to go there, I suggest making non-entrepreneurial goals for that school.  I have worked with  many clients who changed their goals to fit the school's actual resources and found it to be a successful admissions strategy.

Given the entrepreneurial resources that exist at the school you are planning to apply to, do you need post-MBA goals that involve working at a company prior to starting your own?
I often have encountered reapplicants with the past experience to make a strong case for post-MBA entrepreneurial career who inserted a non-entrepreneurial short-term goal in their career (usually in consulting or some equally unimaginative path) because they needed two goals which were very different (As though being an entrepreneur and building a successful enterprise long-term were not different enough!) or because they did not think that anyone would consider a direct move into entrepreneurship as reasonable.  When I work with people who clearly have an entrepreneurial track record, my basic position is that unless they really see some reason why they need a short-term non-entrepreneurial phase prior to launching their own business, they should completely focus on a post-MBA entrepreneurial future.  MBA programs that are strong in entrepreneurship are designed to actually help their students launch successful start-ups.  See for example, this press release from Chicago Booth.  By the way, I think a huge number of applicants do not ever think about Booth for entrepreneurship, which is a huge mistake. 

If you don't have a specific business plan that you think you want to develop in your MBA program, what areas interest you?
I think for those who have already tried and succeeded or failed or something in-between it is not necessary that you go in with a full plan that you want to implement.  Rather, think about what really interests you and that you can make the best case for.  You don't need a business plan when you apply, but you do need to explain what you are passionate about.  Of course, if you actually have a plan and can justify why you need an MBA to launch it, that is great!

Longer Term Entrepreneurial Goals
It is certainly reasonable to have a short-term goal that is non-entrepreneurial and a longer term goal that is.  Starting one's own business after mastering a profession is reasonable enough.  Longer term entrepreneurial goals in areas such as finance and consulting can certainly require an initial post-MBA career as an employee.  Disclosure: I am biased because this what I did after working as an admissions consultant at a company from 2001-2007.  I developed expertise in an organizational setting that made it possible for me to go independent.  When one aspires to launch a consultancy, a venture fund, or other types of businesses that rest on expertise, a post-MBA goal that makes that makes obtaining that expertise possible is necessary. Whatever your entrepreneurial goals are, just make sure that your longer terms goals actually show a wideness of vision that help the admissions office understand that you are someone who wants to have significant impact in the future.

-Adam Markus
 アダム マーカス
I am a graduate admissions consultant based in Tokyo, Japan with clients worldwide. If you would like to arrange an initial consultation, please complete my intake form, which is publicly available on google docs hereand then send your completed form to adammarkus@gmail.com.  You can also send me your resume if it is convenient for you.  Please don't email me any essays, other admissions consultant's intake forms, your life story, or any long email asking for a written profile assessment. The only profiles I assess are those with people who I offer initial consultations to.  See here for why.


アントレプレナーシップ 

July 15, 2011

Michigan Ross Information Session on August 9th in Tokyo

What: Ross Information Session (by Ross Admissions Office Director Soojin Koh)
When: August 9th, 2011 (19:00-21:00pm)
Where: Conference Square MPlass "Success" Room
            Mitsubishi Building 1F, 2-5-2, Marunouchi, Chiyoda-ku, Tokyo
http://www.marunouchi-hc.jp/emplus/access/index.html


************************************

【開催告知】Michigan Ross Information Session @8月9日(火) in 丸の内

8月9日(火)にMBA受験生を対象としたInformation Sessionを開催いたします!
昨年に引き続き、Admission DirectorのSoojin Kohが来日しRossの魅力について
語る予定です。

開催概要は下記をご覧ください。
現役在校生数名に加えまして卒業生も多数参加する予定ですので、どうぞ奮ってご参加ください。

<日時> 2011年8月9日(火) 18:30 受付開始、19:00 開会~21:00

<会場> コンファレンススクエア エムプラス 「サクセス」ルーム
東京都千代田区丸の内2-5-2 三菱ビル 1F TEL: 03-3282-7777
http://www.marunouchi-hc.jp/emplus/access/index.html

<Tentative Schedule>
18:30 - 19:00: Registration/networking w/ alumni
19:00 - 19:15: Admissions Presentation of Ross MBA programs
19:15 - 20:00: Application workshop
20:00 - 20:30: Q&A w/ alumni
20:30 - 21:00: Networking

<お申込み方法>
下記のウェブサイトからお申し込み下さい
2011 Tokyo Info Session - Registration


それでは皆様のお申し込みを、心よりお待ち申し上げます。

 

July 11, 2011

Resume Template for MBA, LL.M., & Other Grad School Applications

You can find my suggested MBA, LL.M., or other graduate school admissions resume template on Google docs here and on Scribd here. Many of my clients have found this  template to be a very effective basis for making a successful graduate school application resume.  It is especially designed for providing a balanced (academic, professional, everything else) perspective on the applicant, which, is especially important in the case of resumes for business school.

-Adam Markus
 アダム マーカス

I am a graduate admissions consultant based in Tokyo, Japan with clients worldwide. If you would like to arrange an initial consultation, please complete my intake form, which is publicly available on google docs hereand then send your completed form to adammarkus@gmail.com.  You can also send me your resume if it is convenient for you.  Please don't email me any essays, other admissions consultant's intake forms, your life story, or any long email asking for a written profile assessment. The only profiles I assess are those with people who I offer initial consultations to.  See here for why.
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