The Big Picture: The 5 Most Important MBA Numbers of 2018
Each year there’s a ton of new information that comes out about MBA programs. From new rankings to the latest GMAC news, there are a thousand little tidbits that can overwhelm applicants, students, and alumni. We’ve collected the most important MBA numbers of 2018.
To pare down the news into the information you need to know, we’ve taken a look at the big picture of the MBA for 2018 and outlined the five most important pieces of data you need to know. We’re talking about everything from the decline and U.S. MBA applications to the increase in female enrollment, the higher salaries and GMAT scores, as well as the increase in interest in technology. Continue reading…
MBA Deadline Dates You Should Know in September
September may mean that summer’s over, but it’s also a time to start to look forward to new beginnings! Stay on track of September MBA deadlines and get those mid-fall and winter program intake applications in. Continue reading…
Harvard Adcom Director Launches Application Tips Series
Clear Admit recently spoke with Chad Losee, the Managing Director of Admissions and Financial Aid at the Harvard Business School, which you can read in full below.
Clear Admit had the pleasure of sitting down with Harvard Business School Managing Director of Admissions and Financial Aid Chad Losee a few weeks ago when we were in Boston for the annual Graduate Management Admission Council conference. Losee shared then his plans to launch an Application Tips series on his blog. True to his word, he kicked things off earlier this month.
Each week, he plans to tackle a different element of the application, offering suggestions for how to approach it and clearing up any misconceptions applicants may have. “My goal is to demystify the written application and give you some simple, practical suggestions for putting together your story,” he wrote.“When July hits, I know from personal experience that applying starts to feel ‘real’ when you are planning to apply to HBS in Round 1,” he wrote. He’s referring, of course, to his own application process to HBS not all that long ago. (He’s a 2013 graduate of the MBA program.)
Up first, in a July 13 post to his Direct from the Director Blog, he turned his focus to the “Employment History” section of the application. “I think there’s a temptation to just ‘go through the motions’ in this part of the app—maybe because it feels similar to your resume?” he wrote. But doing so means missing a valuable opportunity to help the HBS admissions team really get to know you.
“The employment history section ought to be one of the more self-reflective parts of the application as you step back and take stock of your journey so far,” Losee advised. “Don’t be afraid to show a little personality in your responses!”
This means taking full advantage of the 250-charcter text boxes you’re given to provide details about your most recent three jobs, including your role and responsibilities, company/organization description, reason for leaving, key accomplishments, and most significant challenge.
HBS Managing Director of Admissions and Financial Aid Chad Losee
Use your own words—not an HR job posting or company boilerplate—to explain the most important aspects of your individual role as well as the specific division or team you are a part if you work for a large well-known company. “If you work at a startup or your family business, giving us details beyond what is available online is also very helpful,” he added.
Your reason for leaving can be simple and straightforward. But take the opportunity to “reflect on the ‘why’ of a key transition in your work life,” Losee continued. And do more than simply list key accomplishments or significant challenges—communicate why they were meaningful to you.
Losee will zero in on the essay portion of the application in his next post in the series, followed by recommendations, standardized tests/transcripts, awards/extracurriculars, and résumé.
We think it’s great that he’s taking the time to demystify the HBS admissions process. If you’re gearing up to apply, you certainly don’t want to miss out on what he shared. We’ll capture the essence of his subsequent posts in recaps here, but you can also visit his blog yourself. HBS will also share the tips via Instagram, so if that’s more your jam, you can follow along at @hbsadmissions.
Losee did confess to one hesitation at the outset of the series, namely that applicants might try to follow his suggestions too closely. “The written app is for you to introduce yourself—we designed a lot of ‘space’ in the app for you to tell your story,” he stressed. “If you’re following a rote/cookie-cutter approach we won’t be able to get to know you. So, promise you won’t do that?”
The new “Application Tips” series complements other scheduled HBS events and webinars—be sure to add those to your calendar as well.
Don’t Forget These April MBA Deadline Dates
Don’t be left behind, and get a jump on the MBA application process this April! Here’s your guide to the April MBA deadline dates in some of our top metros.
Here Are The 7 Hardest MBA Admissions Interview Questions
Clear Admit recently explored seven of the hardest MBA interview questions you may encounter, with helpful tips on how to handle them.
We recently shared our list of the most commonly asked MBA admissions interview questions, along with extensive advice on how to approach such queries. In light of the popularity of that piece, we’ve decided to up the ante this time around and spend some time deconstructing the absolute worst, totally unfair, just all-around-tough MBA admissions interview questions.
How did we do this, you ask? We called on three members of our team—all of whom have significant admissions experience at top schools—to comb through our extensive Clear Admit MBA interview archive and hand pick a set of particularly challenging questions. The only ground rule was that they needed to be questions posed to applicants with some degree of regularity, as opposed to one-off, oddball questions from an ‘off the reservation’ alum.
Arriving readily enough at a set of incredibly tough questions, our team of former admissions officers then crafted extensive guidelines on how to approach each one.
WARNING: Some questions on the list appear very sweet and innocent. Be aware that looks can be deceiving.
If you’re preparing for an upcoming interview, you won’t want to miss this valuable insider advice. It can help make answering even the most challenging questions feel like a walk in the park.
The Seven Hardest MBA Admissions Interview Questions
1. Describe a failure in which you were involved.
Why It’s Tough
Most candidates, when preparing for an interview, focus on the positive aspects of their story. They cannot wait to share their successes and highlight their strengths. So when asked directly to describe a failure, they can be unnerved at best and completely thrown at worst, especially if they haven’t given such a question any thought.
Key Considerations
The type of failure, the time frame of the failure and what you learned as a result will all be relevant in terms of addressing the question.
Risks:
- Picking a failure that is really just a veiled success story, i.e. not a real failure. “We missed one deadline (failure) but we shipped an outstanding product (success).” This type of answer can be perceived as avoiding the question.
- Picking a failure that is so substantial, and recent, that the interviewer genuinely worries that you might make the very same type of mistake again—either due to incompetence or because you just simply haven’t had time to learn from it yet.
Planning Your Response
Make sure you prepare to address a real failure that you played a part in and acknowledge your direct role. While the failure should be substantial, it should not be catastrophic to an organization. Address the process you went through in terms of deconstructing the failure and how you have learned from the experience. Finally, discuss a more recent success that demonstrates your use of the lessons learned from the earlier failure.
2. What other schools are you applying to?
Why It’s Tough
Many professionals in the admissions community feel that this question is simply unfair. There are several reasons for this, one of which is that applicants don’t really know how the answer is going to be used (more on this below). In addition, it’s not as though candidates are allowed to ask their interviewer about the other applicants the committee is considering…
Key Considerations
Fair or unfair, let’s unpack the purpose of the question a bit: Is it to determine your likelihood of attending the program you are interviewing for? Is it to assess whether you are ambitious in terms of school selection or more conservative? Is it simply to see if your list of target schools makes sense and demonstrates a thoughtful approach on your part? Any or all of these options are possible depending on the school interviewing you.
In most instances where this question is used, it is being asked by schools that are concerned about their yield. They want to avoid admitting candidates that clearly will select another school when given the choice. That being said, there are admissions interviewers who ask this question merely to better understand your approach to selecting target schools—and to determine whether you are simply applying to schools ranked in the top 10 or have a more nuanced approach. Regardless, you should prepare a solid answer.
Planning Your Response
There are three parts to addressing the question. First, you do want to be honest even if the question feels unfair. Second, as you list your schools, explain why you chose them. You want to demonstrate that your selections are thoughtful ones resulting from thorough research and careful consideration of your career plan, preferred teaching methods, campus environment, etc. Finally, should make the case for why the school you are interviewing with is a very excellent choice among the group of schools you’ve listed—citing specific elements of the program that fit well with the criteria that drove your overall school selection.
3. Describe a conflict at work and your role in it.
Why It’s Tough
It can be hard to discuss conflict without taking sides or painting some of your colleagues (or yourself) in a negative light. It can also be dangerous to highlight a conflict and appear detached from it—e.g. downplaying your role—because that could suggest either that you did nothing to stop it or that you simply aren’t important enough at work to have played a role/taken a side. In short, this kind of question is loaded with “damned if you do, damned if you don’t” issues.
Key Considerations
A common question in an MBA interview will look at how you handle conflict, and usually conflict at work. Schools ask this question to test your emotional intelligence and to see how you talk about your peers, your bosses, your organization, etc. Even the slightest whiff of “throwing someone under the bus” can backfire. It’s also important to showcase your ability to see the various sides of a conflict.
Preparing Your Response
It makes sense to prepare a particular conflict you have had at work and be ready to use the example. A strong response to this question needs to show your role in the conflict, who it was with, how it was addressed (if, in fact, it was addressed) and what the result was. Equally as important will be to share what you learned from the experience and how a subsequent situation at work was resolved positively or avoided altogether as a result of what you learned.
Get Ready for These March MBA Deadlines
Be on top of the MBA application process and submit your graduate school applications in a timely fashion. Getting applications in early can increase your chances of scholarships and other not-to-miss opportunities when applying for your MBA. Here’s your guide to the March MBA deadlines in some of the biggest metros. Continue reading…
