These days, in addition to helping our clients get ready for interviews we also meet a lot of new folks who didn't use admissions consulting services to apply - but now are wondering if perhaps they should have. Most often, they are asking for "ding analysis," which is basically "please tell me if I did something wrong and whether I can fix it for next time." We are happy to oblige, of course, and so we see a lot (we mean A LOT) of rejected applications, to a lot of schools.
Today's blog post is about negotiating your offer of admission ... except that it's not. Because "negotiation" is not what you do when it comes to securing more financial aid from a business school. The term of art for what you are going to be doing is "asking." Let us explain. Obviously, any discussion of an offer in this context automatically means we're dealing with some good news: you've been accepted. So congrats on that! However, with the news that a b-school wants you to enroll comes the sobering reality that they also want you to *pay* for that privilege. Sure, offers often come with dollar signs attached, but the amount left in the "you" column is almost always going to be the bigger number. And that fact tends to bring up the following question: "How can I negotiate my offer?"
Today's blog post is about negotiating your offer of admission ... except that it's not. Because "negotiation" is not what you do when it comes to securing more financial aid from a business school. The term of art for what you are going to be doing is "asking." Let us explain. Obviously, any discussion of an offer in this context automatically means we're dealing with some good news: you've been accepted.
Let's talk about Career Goals for a minute. This is always a good topic, honestly, because whatever time of year it is and whatever stage of the application process we are all encountering, the narrative of a candidate's career goals will always be paramount.
Today, we are going to be breaking down the failure essay and the biggest reasons why everyone blows it.
We are going to walk through the 5 biggest reasons why people fail on this essay.
This article is a bit of a repeat from one we wrote last year, but it's key this time of year, when it seems like every day a client is getting ready to take on an MBA interview.
This particular piece is about a harsh reality of that process, which is that every interview is going to take a dip, or hit a rough patch, at some point ... through no fault of anyone involved. Why is this? And how can you address it? Let's dive into it.
It's the time of year where I start having the "Round 2 conversation" a lot with individual clients. Basically, the idea is that Round 2 might be offering a slight advantage, based on theories of market inefficiencies and so forth. For years, the prevailing belief is that Round 1 is the best round to apply to business school. While there is no hard-core evidence to suggest otherwise, some common sense may point to a different result.
This post is going to feel like its about Wharton, but its not - not really. I'm prompted to write it because of Wharton, but it is about a larger issue, which is whether or not you should have a takeaway when you see that an MBA program is going all in on its marketing. Should you read into it or ignore it? And if you do search out some meaning, is it is good or bad thing when a business school suddenly seems to have hired a new marketing whiz who knows how to game the headlines? Let's dive in.
I was working on our Michigan Ross Strategy Memo over the weekend, when it occurred to me just how overlooked a "unique perspective" is when it comes to MBA applications. Even here at Amerasia, where we work hard to push our clients away from thinking in terms of "impress the reader" and towards "connect with the reader," we sometimes lose sight of how just what an easy and effective way that can be to frame introspective writing. Because Michigan Ross has the MAP program and everything funnels towards what perspective you bring to the class, it became a good reminder and something that felt worthy of passing along.
Every so often, we like to put an excerpt out there from one of our school-specific Strategy Memos. Full disclosure, the main reason to do this is to show off how we approach the process and to give potential clients a sense of what they might get (across the board, with all their schools and all the questions) if they become clients. But we also try to coordinate these with moments where we can get some really helpful strategy out there - basic, core ideas that will help people avoid pitfalls, even if they don't have help in executing perfectly. In this instance, Columbia Business School's Essay Question 2 is a nice overlap that allows us to do both. So let's dive in.
Obviously we take a ton of "free consults" or Initial Consultation calls as part of our business model, so it seemed like a good idea to pass along some thoughts on how applicants can best utilize these. It depends on the people involved (both the consultant and the applicant) obviously, but as general rules, these might help you go in better prepared - not only to respond to questions, but to have a clear agenda for what you can achieve and take away from the experience.
I have been getting a lot of emails lately that center on the same basic idea: "I got feedback directly from the admissions office and they told me X." Sometimes the feedback is ultra specific ("you should seriously consider retaking your GMAT") and other times it is extremely vague ("there were elements of your application that just weren't quite where they needed to be"), usually somewhere in between. The question is: should you put stock in what they are saying?
The simplest and most important thing you can do to improve your Why School X portion of career goals essay is to personalize any and all content.
What do I mean by "personalize?" Simple: make anything you write about the school specific to you, your experience, your desires, or what you require from a program. Never just state absolutes, generalities, or even known truths and facts - always make them personally-held viewpoints. Examples are the best way to understand this (after the jump):
One question that we get a lot from clients is "what does the adcom want to hear?" Not only is this the wrong way to approach the process in terms of being an authentic, introspective, and interesting candidate, but it also completely misunderstands who is reading your file. We don't believe in trying to play pin-the-tail-on-the-admissions-officer when it comes to your essays, but we do believe to writing to your audience.
One trend we're seeing these days is the desire of some candidates to dispense with the frills and just hammer out their MBA in the quickest time possible. Obviously, this means that we're talking "1-year" programs a lot. As is so often the case, we figure we'll bring part of that conversation online.
Here are some of the things we're sharing with clients:
Today's blog post builds on a post I've been working on for years, where I continue to add thought about the art of negotiating your MBA offer of admission. I've long said that "negotiation" is not what you do when it comes to securing more financial aid from a business school. The term of art for what you are going to be doing is "asking." Let me explain and try to add clarity around questions that often come up.
