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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.

April 16, 2009

US News and World Report "Top 30" 2009 MBA Rankings: "Early Edition"

4/22/09 Note: The rankings below were accurate with the exception that Chicago was ranked 5 along with MIT and not ranked 6.

As posted originally at GMAT CLUB and later in the BusinessWeek Forum, the US News & World Report "Top 30" 2009 MBA rankings can be seen in a video posted on the USNWR site. The rankings will officially come out on April 23rd, but if you are burning to know the numbers, they APPEAR (Not easy to see them, but possible. Still I will not write "are") to be as follows:

2009 Rank/2008 Rank / NAME/ 2009 points/ 2008 points
"1 [1] Harvard (100) [100]

2 [1] Stanford (99) [100]

3 [4] Northwestern (93) [93]

3 [3] Penn (93) [95]

5 [4] MIT (92) [93]

6 [4] Chicago (91) [93]

7 [7] Berkeley (88) [89]

8 [7] Dartmouth (87) [89]

9 [9] Columbia (86) [88]

10 [13] Yale (85) [80]

11 [10] NYU (83) [84]

12 [14] Duke (82) [79]

13 [12] Michigan (81) [82]

14 [11] UCLA (80) [83]

15 [17] Carnegie Mellon (79) [77]

15 [14] UVA (79) [79]

17 [14] Cornell (76) [79]

18 [18] Texas-Austin (74) [74]

19 [22] Georgetown (73) [69]

20 [19] UNC (70) [72]

20 [21] USC (70) [70]

22 [24] Emory (69) [68]

23 [29] GaTech (68) [64]

23 [20] Indiana (68) [71]

23 [25] WUSTL (68) [66]

26 [27] Ohio State (67) [65]

26 [34] Washington (67) [61]

26 [29] Wisconsin (67) [64]"

Assuming these are the numbers, clearly Yale SOM is looking like the big winner here (I do like the fact that is in line with my previous comment about Yale being in a strong position because of the new emphasis on government jobs for MBAs). We will have to see whether the reduced ranking at Chicago and Wharton has something to do with employment and internship prospects for their students, but given the nature of these surveys and the minor differences in rank, I will withhold judgment. As regular readers of this blog know, I look at all rankings with a certain degree of suspicion, even my own fabulous "99."

Thanks to Mr. X for bringing this to my attention. He is a gentlemen and a scholar.

-Adam Markus
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NEED MBA ADMISSIONS CONSULTING?
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.

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April 15, 2009

The Networked Graduate School Applicant

Whether applying to an MBA, LL.M., or other type of graduate program, I know that many successful applicants put extensive time into networking. I think this is particularly important for those trying to obtain admission at top MBA programs, but in its own way, is also important for those applying to masters and especially Ph.D. programs.

While it is certainly possible to simply read the online and offline school information, submit an application, and get admitted, many successful applicants do much more than that. Start networking now!

VISITING THE SCHOOL
If your finances and logistics permit, there is nothing to be compared to visiting a school before you apply. The advantages are multiple:
1. You can really determine whether the school fits you. I have had clients who visit a school and quickly determine that it is ideal for them, while others have visited a school and realized that it might be less than ideal. If a school is not right for you, it is certainly better to discover that before application. If you realize a school is your first choice then you know how you need to prioritize it.
2. You can obtain a clear image of the program. This will help you both for purposes of writing your application essays and also for any required interviews.
3. You can really personalize what you write in essays and say in interviews about the school. While off-campus encounters with alumni, current students, and admissions officers can also serve this purpose (see below), nothing beats direct experience. Your ability to highly personalize your reasons for attending a particular school will be greatly enhanced by being able to refer to a class you observed, a faculty member you interacted with, your own sense of the place, and your communication with current students.
4. By visiting, you directly communicate your strong desire to attend the school. I know almost all schools will say that it does not matter whether you visit, but actually and especially on the margins, it can. The value of a visit depends on the school, even among top business schools. Don't look for visits to HBS or Stanford GSB to make any difference, but for schools with less popular locations (Tuck and Duke for example), I would assume that it does make a huge difference. Especially for any MBA program that has open interviews (not just invitation-only interviews), assume visiting can make a difference.
5. You can establish meaningful contact with current students. While it is possible to have such contact via email, direct face-to-face contact always has a higher impact. You are more likely to learn both what is good and bad about a program from students in a face-to-face situation.

CONTACTING FACULTY
As both Steve Green, and I have pointed out, contacting faculty is a key networking strategy for Ph.D. and some other types of graduate programs. This method may not be so effective for business or law schools, but is critical for those pursuing degrees that involve doing research under a faculty adviser. Given the importance of such advisers to the completion of a thesis or dissertation, figuring out who you would actually want to work with before you apply is very important. Even with MBA programs, if there is someone on the faculty that you really want to study with, it certainly makes sense to try and have initial contact with them. As schools have different policies on applicants contacting faculty, ask the admissions office if it is OK to do so.

By the way, if you want to learn about how faculty at a school are evaluated by the students, visit Rate My Professors. I have previously discussed that site here.

CONTACTING CURRENT STUDENTS
Many programs have student ambassador or other types of official programs for putting applicants in direct contact with students. Fully utilizing such methods can be a great way to learn about a program. Such contacts can also help you have an even better campus visit. I would also urge you to contact any professional interest (marketing for example) national (Japanese, Korean, Chinese, African, Indian for example), ethnic (African American, Latino for example), religious (Buddhist, Christian, Islamic, Jewish for example), identity (LGBT for example), and personal interest (hockey, salsa dance, wine for example) student clubs that you might want to participate in. For MBA students, contact with students who are likely to share your interests can prove very useful. I think most Japanese readers of this blog know to do so already, but making contact with students can prove extremely helpful. One of the reasons, I am happy to sponsor the HBS, Haas, and Tuck Japan treks/trips is that I know that the Japanese students at those schools are very helpful to Japanese applicants.

Current students are so useful to communicate with because they can really tell you the reality of the program. It is important to talk to multiple students to get a full perspective because each student will have a specific perspective on their experience.

CONTACTING ALUMNI
Some schools make it especially easy to get in touch with alumni. From my perspective, meeting alumni is a very important part of the school selection process, especially for those pursuing professional degrees (MBA, LL.M., MPP, MPA for example). Especially if you are meeting alumni in the place that you intend to return to post-MBA, I think it is important to make sure that you want to be part of this alumni network. One of the core benefits of attending a top MBA program is the network that you become a part of. If you meet the alumni from a school and you are feeling underwhelmed by them, you might really want to reconsider whether it is worth applying to the school. While talking with recent alumni is likely to help you have a better grasp of the present situation at the school, talking with older alumni will help you better assess the longer term value of a degree. While talking with alumni is great, it is important to factor in their lack of present connection to the program when assessing their advice to you.

Finally, the old adage, "it is not what you know, but who you know that matters," does at least partially apply to geting admitted. Networking can be used effectively as an admissions strategy because it can provide applicants with a strategic informational advantage over their less networked competitors. One of the reasons that starting the admissions process early is so important is because effective networking is a time consumming process, so start doing it now!


NEED MBA ADMISSIONS CONSULTING?
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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MBA Reapplication: Why were you dinged? Now what?

(This is an updated and expanded version of a post from 2008)

Was your admissions game plan for Fall 2009 a failure?


For those, who have yet to apply, do you want to understand some of the common pitfalls you should avoid?

Below are the typical reasons for rejection(stated as questions) and some of my suggestions for developing a new strategy for future applications (mostly stated as questions). I base the following on my experience helping reapplicants successfully obtain admission at such schools as Harvard, Stanford, Wharton, Chicago GSB, Kellogg, LBS, and MIT.

1. Were you realistic? If there was one overall reason for failure that I would point to, it would be lack of realism about the process. Usually this involves ignoring one or more important factors:
-Specifically ignoring the rate of admission, average GMAT and/or iBT TOEFL / IELTS test scores, and GPA required of those admitted are all highly likely to result in applying to schools that an applicant has very little chance to enter. See below for more about this.
-Age. I don't blame applicants for this one entirely because B-schools often have an all inclusive message about who they admit that is not quite the real case. This is especially true in regards to age where it is very clear that programs can't say they will not let in older applicants, but actually they usually don't. For example, applying to Stanford GSB or HBS after the age of 30 might be worth trying, but your chances for admission (compared to the average rate of admission) are not great. HBS is fairly direct about the age issue (see my earlier post on the subject), but Stanford does not choose to deal with this issue in an honest and forthright manner. For those over 30, look at average age and age range when considering where to apply. Try to ask admissions privately about this issue, you might get a straight answer or not. (See my interview with Kirt Wood from RSM who gave a very clear answer on this issue.) Applying to most top programs once you are in your mid-thirties may very well be a complete exercise in frustration and once you are past 35, the chances for admission at many top programs appears to be slim. For those in and/or approaching their mid-thirties or older who want a full-time MBA experience, I think programs such as the Sloan programs at LBS, MIT, and Stanford as well as USC IBEAR are all very suitable. An EMBA is always an option.
-Last minute applications: Developing great applications takes time, doing them at the last minute is one of the easiest ways to increase your chances for rejection because it is highly likely that your essays were not well written, sufficiently strategic in the way they marketed you, and, possibly, not even proofread.
-Lack of substantial research into/networking for the programs being applied to. If you did not make full use of each schools' web-based information, did not attend admissions events, did not visit campus, and/or did not communicate with alumni or current students, you probably did not know enough about the schools you applied to make an effective case for why you fit at them.
-Did not obtain sufficient and/or effective advice on your applications and application strategy from mentors and/or admissions experts (see below).
One thing I have found about successful reapplicants is that are highly realistic. Reality is a harsh teacher, but one you cannot afford to avoid.

2. Did you really know about the programs you applied to? How was that reflected in your essays? Did you merely restate obvious information about the school or did you show exactly what aspects of it will meet your academic and professional goals? Did you demonstrate a clear connection to the program? Did you even think about fit? Stating unremarkable things based simply on reading the website or brochure is not enough, you need to show why a specific program really fits your personality and goals. If you had an interview, how effective were you at establishing fit?

3. Was there a problem with the way you expressed your desire for an MBA or your goals?Actually almost every re-applicant I have worked with had a serious problem clearly articulating their goals. If you think your goals might be the problem, read this and complete the table you can find there. Were your goals based on any research? Were they interesting? Finally, reflecting my recent post on trends for Fall 2009 admission, did you take the financial crisis into account? If you were trying to get into finance with no prior experience and making second round applications, your goals were likely to have been a serious problem.

4. Did your essays fully demonstrate your potential as a student and a professional? Did you come across as a unique applicant? The way you write about who you are and what you have done is a major way that admissions evaluates this. More specifically: Could you clearly express selling points about yourself in your essays? Did you provide sufficient details about what you did combined with a sufficient explanation for why? Are your essays about you or just about what you have done? Are your essays mere extensions of bullet points on your resume or do they tell effective stories about you? Do you really understand the essay questions? How effective were in writing about such common topics as contributions, leadership, and/or failure?

As is usual for Chicago GSB admissions, they have provided some great advice, this time on the topic of reapplication. If you plan to reapply to Chicago GSB or are just looking for general reapplication advice, I suggest reading GSB's "Making a Fresh Start." I especially liked the following very useful advice that is really applicable for any applicant:

Show us why you're different. Each year thousands of students apply to business school and yet many qualified candidates are not offered admission. With MBA admissions growing more and more competitive each year, it's really important to stand out in the crowd by attempting to differentiate yourself from those of a similar profile. Tell us about your challenges, interesting achievements, unique perspectives and stories.

Showing admissions why you are unique is something that all applicants should really focus on. For more about, please see my earlier post on being unique

5. Did you put a sufficient amount of time into writing your essays? Writing great essays usually takes time and multiple drafts. Did you write multiple drafts of your essays? Were your essays quickly written? Did a significant amount of thought go into them?


6. Did your resume (CV) present your professional, academic, and extracurricular experience effectively? A great MBA resume requires effective presentation of your past experience so that an admissions committee can gain insight into your potential to succeed in the MBA program and in your future career. A great resume is also an effective agenda setting device for an interview. Did your resume contain clear statements about your accomplishments? Did your resume honestly and effectively represent the full range of your experience? Did your resume showcase your potential as a manager, businessperson, and/or leader?

7. Did you really address any potential concerns that an admissions committee may have about your suitability as a candidate? Even though there is always an optional question available for this purpose, did you make use of it? If there was something you wanted to avoid discussing, maybe you should consider doing so.

8. How were your interviews? If you did interview, were you well-prepared? How do you judge your own performance? Did you practice enough? Are you good at interviewing? For non-native speakers: Are you good at interviewing in your own language? I believe that the only effective way to prepare for interviews is to be over-prepared: You need to appear relaxed and comfortable talking with the interviewer, to be ready to address the hardest questions, to be comfortable with your own selling points and the stories that support them, and have to have enough knowledge about the school to show a passion for it. If you were dinged from one or more schools that offered you an invitation to interview, chances are great that you really need to work on your interview skills. If you know that you are particularly weak interviewing, consider applying to at least some schools were the interviews are not considered very hard.

9. How were your recommendations? Did your recommendations honestly and effectively endorse you? Did they contain sufficient detail to help an admissions committee understand your selling points? Did your recommendations really evaluate both your strengths and weaknesses? Were your recommendations authentic or is there any possibility that an admissions officer would be concerned about their authorship? For more about recommendations, see here (Note: I have not posted an MBA specific recommendation post).

10. How good was the advice you received from other people about your application(s)? In addition to yourself, who read and advised you on your essays, resume, interview(s), and/or other aspects of your application process? Alums, mentors, admissions consultants or counselors, editors, and/or ghostwriters? While I would not suggest blaming those who advised you, you may want to seek out new or additional advisers. Of course if they told you that your essays, resume, or some other aspect of your application were weak and you did not address it, they were providing good advice. Additionally if they expressed concerns about your likelihood for admission, their advice might be good (beware of those who always hedge their bets).

If you relied extensively on an editor or paid a ghostwriter and seem to be getting dinged quickly, you have discovered the pitfalls of those highly dubious strategies. Consider writing your own stuff, getting an ethical and professional admissions consultant to advise you, and/or discovering the potential of your voice.

If you used an admissions counselor or consultant and did not get any good results and they told you that your applications were good, find someone else.
If your counselor had limited experience, this is pretty much an indicator that you should have gone with someone experienced. If your counselor seemed exhausted or rushed, you also have a problem because this person is unlikely to be able to be devoted to helping you enough. If you purchased a counseling service and not the services of a particular counselor, I would not be surprised if you encountered someone overworked. After all, one critical difference between consultants who work for themselves and those that work for someone else is the amount they make for the work performed. Those that work for someone else make considerably less per hour and often have to work more and under higher pressure than those that work for themselves. Regardless of whether you use an individual consultant or a service, the issue will always come down to the specific advice you are being given, which means the particular person you are working with. In addition to contacting me, one good resource for finding a new counselor is through the Association of International Admissions Consultants where you can find a directory of my colleagues (including my guest blogger, Steve Green) around the world who are committed to providing high level service to their clients.

11. Was your GMAT within the school's 80% range? Was your GMAT below average? Obviously if your score was below the 80% range, you should assume your chances for admissions were less than the stated admissions rate. If it was was within the range, but significantly below the average score, you should assume that it was a contributing factor to your results. I am not saying to apply only to schools where you are within the range (see my earlier post on this issue), but I would suggest taking account of the risk in terms of (1) school selection, (2) the number of programs you need to apply to, and (3) expectations for success. As far as reapplication goes, studying GMAT is almost always necessary for those with less than a 700 GMAT. If your GMAT was 700 or higher and you were rejected, GMAT was almost certainly not your main problem.

12. Was your GPA equal to, above, or below the average reported GPA for the school? If it was below, this may have been a factor against you. If you GPA is significantly below the average GPA and your GMAT is equal to or above the average score, did you write an optional essay? Did you highlight your academic potential in some way to counter the issue of your GPA?

13. Did your TOEFL meet the school's minimum stated requirement? If your score was below the minimum, did you discuss this in the optional or some other essay to make the case for your English abilities? At this stage, you need to improve your score for Fall 2010 admission. If your score on TOEFL is really weak, have you considered taking IELTS? Some applicants actually will do better on this test than on ibt TOEFL. It is not easy to prepare for a new test, you might really want to try it out and see which test is better for you.

14. Were you realistic about school selection? I think you need to look at the portfolio of schools you applied to and ask yourself the following questions:
-Did I apply to programs with low rates of admission?
-Did I apply to enough programs?
-Did I apply to a wide enough range of programs?
See my posts on ranking such as "The 99" for some strategies for selecting schools.

15. Were you honest about the way you presented yourself in your whole application? As a strong advocate for honesty, I have a bias for this particular approach to the process. If you are getting dinged after misrepresenting one or more aspects of your experience, you might want to consider that it is the job of admissions officers to eliminate liars. Liars get through anyway, but not all of them. If you have over-marketed yourself, you may also have come across as less than authentic.

I know that getting rejected is no fun, but if you are committed to the process, I think you can make your next round of applications a success.

NEED MBA ADMISSIONS CONSULTING?
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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April 13, 2009

Columbia J-Term Application up on 4/20

For those considering or planning to apply to the Columbia Business School January Term 2010 Program, the application will be up on the web on April 20. I intend to analyze it immediately once available. In the meantime, you can find my previous posts on Columbia January 2009 Term, Early Decision, September 2009 Term, and interviews. It will be interesting to see what questions they ask for January 2010 term.

I expect that the number of January Term applications will be huge, so getting one in early would be a very good idea.


NEED MBA ADMISSIONS CONSULTING?
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. 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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TO FALL 2009 ADMITTED BLOG READERS

Congratulations!

If I don't have the opportunity to congratulate you in person, at least I can give you a virtual toast.


If the advice on my blog helped you get admitted to an MBA, LL.M., Public Policy, or other type of graduate program, I would love to hear about it. Please feel free to leave comments or email me at adammarkus@gmail.com.

Cheers,
Adam
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