Andrew Hoff
What's Working in M7 Applications
What's Working in M7 Applications
Chicago Booth
Amerasia Consulting
Chicago Booth Ph.D. Program Receives $100 ...

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.

Chicago Booth Ph.D. Program Receives $100 Million
Application Advice, Application Process
Amerasia Consulting
Are You MBA-Ready? Here Are 5 Indicators You Are

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.

Are You MBA-Ready? Here Are 5 Indicators You Are
B-school Life, Key Thoughts, Leadership
Amerasia Consulting
How to Prepare for Important Career Moments

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.

How to Prepare for Important Career Moments
Key Thoughts, Leadership
Amerasia Consulting
5 Ways To Becoming an Effective Manager

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.

5 Ways To Becoming an Effective Manager

2014 - 2015

Cognitive Bias and Tuck's 2014 Essays

Cognitive Bias and Tuck's 2014 Essays

Tuck released its new essays and they feature no changes to Essay 1, the removal of one word from Essay 2, and the cutting of their old Essay 3 (on setback/failure).  

No doubt everyone in this space will be analyzing those changes today (I am too), but my guess is they will come to incorrect conclusions in many cases.  There are a lot of reasons why people make incorrect determinations when analyzing changes, but much of it can be attributed to cognitive bias - everything from recency bias to bounded rationality to confirmation bias.  We tend to read things in one way and our flow of assumptions follows that set path.  I will explain what I mean with the context of each questions - but just be forewarned that this blog post serves two functions: an analysis of Tuck's questions, but also an attempt to figure out why people trip up and make errors in interpretation.  

Breaking Down Changes to Stanford GSB's New Essays for 2014/2015

Breaking Down Changes to Stanford GSB's New Essays for 2014/2015

The essays are releasing in a fast and furious fashion this year, as GSB comes hot on the heels of Columbia releasing its own essays.  With Stanford this year, we see further evidence of a school and admissions office that is completely dialed in to what it wants: the core essays remain, the fat has been trimmed, and the only tiny bit of confusion has been clarified.  This may sound a bit odd, but if Stanford had asked for my opinion after last year's process, I would have told them "clarify what you want on Essay 2 and do away with the tack-on shorter Essay 3."  Well, that's basically what they did.  Let's dive in with a bit more detail.