MBA Admissions Myths Destroyed: I Have No Managerial Experience
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
Some might find it ironic that formal managerial experience is not a prerequisite for admission to a top MBA program. It is important to keep in mind that an MBA education is for those who aspire to become managers and is not exclusive to those who already are managers. If you are fretting about the fact that you have not had any subordinates to date and feel that overseeing a staff is a prerequisite to gaining admission to a top program, you are adhering to a myth and should worry no more. Instead, think about how you have simply excelled in your position and made the most of the leadership opportunities before you. Read more
MBA Admissions Myths Destroyed: I Should Quit My Job to Study for the GMAT
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
The GMAT is the sole piece of data that is truly consistent from one candidate to another. Therefore, many MBA applicants get carried away and place undue emphasis on it, when the test is only one of several important aspects of an application. In extreme cases, some applicants consider quitting their jobs to focus on the GMAT full time—not a great idea! Read more
MBA Admissions Myths Destroyed: Reapplicants Shouldn’t Reapply
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
You applied to business schools once and did not get in. It took a lot of effort and caused a lot of heartache. Now what do you do? You cannot apply to those schools again, can you? What would be the point? They already rejected you once, so they will definitely do the same thing next time, right? Not quite so. Read more
MBA Admissions Myths Destroyed: I Should Worry Because My Coworker is Applying Too!
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
You look around your office and think to yourself: “I wish my coworker were not applying to the same school as I am. They can’t take two people who sit at the same desk. Also, his GPA is 0.15 higher!” On the surface, this reasoning may seem logical, and it can thus cause anxiety for some candidates—especially for those who are in positions for which an MBA is virtually a “must have” to move forward, such as in consulting and banking.
However—not to worry—this thinking has two significant flaws: Read more
MBA Admissions Myths Destroyed: My Work Performance is All That Matters
What have you been told about applying to business school? With the advent of chat rooms, blogs and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
Because you spend so many of your waking hours at work, and the MBA is the vehicle you are choosing to use to drive your career forward, you may naturally believe that your professional experiences are all that matter to the admissions committees. Do not get us wrong: you need to have strong professional stories to share, but top-tier business schools are looking for much more than just examples of professional excellence. If you discuss only your work experiences in your application, you will present yourself as a one-dimensional character, and today’s managers need to demonstrate that they can handle a multitude of tasks, situations, and personalities—both inside and outside the workplace. Read more
MBA Admissions Myths Destroyed: The CFA is a Liability
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
The Chartered Financial Analyst (CFA) designation—a grueling, three-year financial program that hundreds of thousands of people pursue each year—covers many of the subjects included in a “typical” first-year MBA curriculum. A CFA aspirant must study basic economics, accounting, finance, and quantitative analysis—areas that echo aspects of many first-year MBA core curricula. So, could working toward the CFA designation negatively affect an MBA applicant’s candidacy by suggesting that he/she already has the tools an MBA education would provide and that additional studies would therefore be superfluous? Definitely not! Read more
MBA Admissions Myths Destroyed: Why Worry? I’m a Volunteer!
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
Some MBA applicants mistakenly view community service as simply a prerequisite for getting into a top program and sign up for volunteer opportunities without considering whether the organization or cause they are choosing is actually a reasonable fit for them. Community service is generally something positive to highlight in your application, given that it demonstrates altruism and frequently indicates leadership skills as well—attributes that may not be revealed in your work experience. However, it is not a panacea or a mere box to be checked. As you contemplate your involvements, be aware that “hours served” are not as important as the spirit of your participation and the extent of your impact. Read more
MBA Admissions Myths Destroyed: The Open Waitlist is Not a Flood!
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
Have you heard the following admissions myth?
When a school that has placed you on its open waitlist says that it wants no more information from you, this is some kind of “test,” and you should supply additional materials anyway. Read more
MBA Admissions Myths Destroyed: I Must Have Botched the Interview
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
Maybe you are among the unlucky applicants who were/are on the outside looking in this year, shaking your head trying to understand why you did not get into an MBA program. As you look back and assess where you went wrong, you may narrow your focus and re-examine your interviews. After all, you were invited to interview but were rejected thereafter, so there must be a cause-and-effect relationship, right? Your rejection must mean that everything was at stake during those 30 to 60 minutes and that your interviewer just did not feel that you are of the caliber preferred by your target school, right? Wrong. Read more
MBA Admissions Myths Destroyed: My High GMAT Score Will Get Me In
What have you been told about applying to business school? With the advent of chat rooms, blogs, and forums, armchair “experts” often unintentionally propagate MBA admissions myths, which can linger and undermine an applicant’s confidence. Some applicants are led to believe that schools want a specific “type” of candidate and expect certain GMAT scores and GPAs, for example. Others are led to believe that they need to know alumni from their target schools and/or get a letter of reference from the CEO of their firm in order to get in. In this series, mbaMission debunks these and other myths and strives to take the anxiety out of the admissions process.
So, you have taken the GMAT and exceeded even your highest expectations, scoring at the very top of the scale. Congratulations! However, do not assume that earning such a high GMAT score means you can relax with respect to the other components of your application. Every year, applicants who have scored 750 or higher are rejected from their target business schools—even when their GMAT score falls within the top 10% of the schools’ range. Many of these candidates were rejected because of a fatal, but ultimately avoidable, mistake: they became overconfident and assumed their high GMAT score alone would get them in. Read more