On Monday, May 1, Chicago Booth stated that businessman and philanthropist Ross Stevens, Ph.D. '96, had given the school's Ph.D. program $100 million to help push the boundaries of academic business research. The program will be called the Stevens Doctoral Program to honor Stevens.
People often decide to pursue an MBA without giving it much thought, but that's not a good idea. Before you start getting ready to apply, you should really think about why you want to get the degree and make sure it's the right choice for you. Here are five indicators that can help you decide if you're ready to apply to business school or not.
Have you ever woken up from a recurring nightmare in which you had to take an exam for which you hadn't studied? No one likes the feeling of not being prepared. And this worry takes over many parts of our professional lives. No one wants to be caught off guard in front of an MBA admissions committee, a current client or boss, or even a networking event. The answer is to be confident in all of these conversations and presentations. How? Preparedness. In this blog post, we'll talk about what you should do to get ready for a variety of common career scenarios.
Becoming a great manager is essential for becoming a great leader. Good managers not only extract great output from their employees, but they also relieve the executive team of most of the day-to-day operations, allowing them to focus on more tactical challenges. Leaders develop a vision, while managers develop goals and guide their teams toward shared goals connected to that vision. This blog post will go over five strategies to becoming a successful manager.
Admissions committees know that soft skills are important for business schools, so it's important to show that you have them, especially when applying to top MBA programs. Through your soft skills, the admissions committee can get a sense of who you are and what makes you successful. Here are ten reasons why soft skills are important for your MBA application and, in turn, your career goals:
Although getting a second MBA is very unusual, it can help you move to a different city, change industries, or build the brand recognition and alumni network you missed out on in your first MBA school. Our founder and admissions expert at Amerasia, Paul Lanzillotti, had an interview with Fortune Education, and he poses this question to those thinking about a second MBA: “What are you really going to get out of this?”
An MBA list should usually be pushing the envelope a bit - aiming for all b-schools that you really want to go to and that feel pretty hard to get into. To get to this main idea, we will work through: General philosophy on selecting MBA programs, the contextual nature of ROI, and finishing off a list of programs.
If you are aspiring to enroll at one of the top business schools like Harvard, Wharton or Stanford (which only admits 5 percent of applicants) you will likely need professional help to gain admission. Competition for spots at these schools is incredibly intense and an MBA admissions consultant could improve your chances drastically. But not all MBA Admissions Consultants are equal.
You are now ready to narrow your school selection list to 5 MBA target programs by reaching out to them. Check the admissions committee website from each target school. Most of them will have an ambassador program where they will get currents students to email you back. Start reaching out to ambassador programs early.
The next step in your MBA application process should be opening up the online applications and reading through them. According to Paul Lanzillotti, admissions expert and founder of Amerasia Consulting, the reason for this is that you will get screwed if you don’t! You will start to see what kind of questions each school asks. You will also see many short questions. Writing a paragraph on your short term goals is a nasty surprise to get the day before the deadline.
When starting your MBA application process you need to keep in mind that you are not writing your essays for your mom or dad, nor are you writing to your boss. You need to try and assess and see if you are a good fit on paper, and be able to convince that person on the admissions committee that you are a good pick. Having said that, let’s move on and dive into the first four steps you should take when starting your MBA application process.
The playing field has finally leveled out as global MBA candidates now have as much access to MBA programs as local students do. MBA candidates can now take advantage of the new ways to engage with business school programs virtually. Here are five ways to stay on track with your virtual MBA research.
1. Make a calendar of the MBA application deadlines. 2. Don’t attack the earliest MBA application deadline first. 3. Managing your recommenders is very important. 4. Give yourself mini-artificial deadlines. 5. Be flexible when working with a consultant. 6. Don’t wait for creative inspirations to hit you to start working on your MBA applications.
How to be an effective communicator at your next MBA networking event? Take the pressure off. Walk into a conversation with your head held high, your confidence will come through. Quality over quantity. Have a genuine interest and concern for the person you are conversing with. Be prepared. Know your outcome. Be yourself.
