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Aug 31, 2017

How to Deal with a Bad GMAT Score

Bad GMAT score

You’ve been studying for months, possibly losing sleep as you go over the practice questions in your head and, as a result, getting some oh-so-enjoyable stress dreams. If any of this sounds familiar, you probably have had to—or currently are—preparing to take that Graduate Management Admission Test (GMAT).

Continue reading…

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Aug 30, 2017

HBS Class of 2019 Profile Reveals Subtle Shifts, New GRE Details

Harvard MBA Class of 2019

The official Harvard Business School (HBS) Class of 2019 profile is now out—capturing in numbers and pie charts the real live students who started class for the first time yesterday. Not a lot has shifted since HBS released its preliminary class profile earlier this summer, although the Class of 2019 now includes 928 students, suggesting that 13 of those the school was expecting to enroll when it originally reported the class size at 941 made other plans. There are 942 students in the Class of 2018, by comparison.

The percentage of minority students also slipped slightly, from 26 percent reported in the preliminary profile to 25 percent in the actual class (last year’s actual percentage was 26 percent). Female students comprise 42 percent of the class, as earlier reported, again down one percentage point from last year.

In terms of median GMAT, 730 is still HBS’s reported score. That’s the same as last year—and as predicted earlier in the summer. The score range reported included a low of 580 and a high of 790, with the middle 80 percent of the class falling between 700 and 770. Last year, the middle 80 percent was a shade lower, coming in between 690 and 760.

HBS Joins Wharton, Yale in Posting GRE Scores

New in the actual profile posted today are stats on GRE scores, marking the first time HBS has published such data. Chad Losee, the Managing Director of Admissions and Financial Aid, also made a point of sharing this information in a recent blog post, revealing that 12 percent of the class submitted GRE scores and the remaining 88 percent submitted GMAT scores.

“The GRE and GMAT are different tests … and we are truly indifferent about which one you submit,” Losee writes. “Really. We are familiar with each test. Choose the one that allows you to best show your strengths, then move on to the other parts of the application.”

According to the recently posted profile, median GRE scores for both verbal and quantitative at HBS were 164. The score range for verbal was 147 to 170, and the range for quantitative was 151 to 170. HBS did not provide information about the average writing score.

The Wharton School, too, shared GRE data for the first time this year, although specific details about what percentage of the class opted for one test over the other were not made available. Wharton reported average scores, not median scores: 163 verbal, 162 quantitative, and a 4.7 average writing score. The Yale School of Management (SOM) also included GRE test scores in its Class of 2019 profile (median verbal, 166; median quantitative, 164; middle 80 percent verbal, 157 to 170; middle 80 percent quantitative, 160 to 169.)

If three makes a trend—then a trend we have of leading schools emphatically underscoring that they are indeed test agnostic by including GRE scores within their official class profiles.

“We Know You’re Much More Than a Test Score”

In his post, Losee also took pains to underscore that much more than scores go into determining who joins the HBS class each year.

“We know you are much more than a test score,” he writes. “The whole application and interview process are designed to help us get to know you. We’re trying to imagine what you would contribute in the HBS classroom and community. As I’ve written before, our learning model depends on a wide range of talent and perspectives in each class—and we know that not all that talent is measurable in a test.”

Obviously unchanged from the preliminary profile were the total number of applications HBS received this year—10,351—a 6 percent uptick over last year. The profiles posted today and earlier this summer both cited an 11 percent admission rate—which would indicate that 1,138 students made the cut—and a 91 percent yield.

This story has been edited and republished with permissions from Clear Admit.

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Aug 29, 2017

DePaul Alumni Spotlight: Charles Perino, Co-Founder of La Compagnie and Kellstadt MBA ‘93

La Compagnie Co-Founder Charles Perino

Robin Florzak of the DePaul University communications department recently interviewed Jean Charles Perino, the co-founder of La Compagnie, a boutique all-business class airline that flies between Paris and New York. Perino, who earned his MBA in finance in Chicago at DePaul University’s Kellstadt Graduate School of Business in 1993, said that he applies the business lessons he learned at DePaul to his job at the Paris-based airline. Continue reading…

Posted in: Alumni Spotlight, Featured Region, News | Comments Off on DePaul Alumni Spotlight: Charles Perino, Co-Founder of La Compagnie and Kellstadt MBA ‘93

Aug 29, 2017

Kogod’s AU Center for Innovation Moves to Larger Facility

Kogod AU Center

The Kogod School of Businesses AU Center for Innovation (AUCI) will move into AU’s Don Meyers Technology and Innovation Building, according to a recent press release from the school. The move will expand the AUCI from 400 to 2,000 square feet, making for both a physical and curricular upgrade to the entrepreneurship programs. Continue reading…

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Aug 28, 2017

The MBA Application: Know Your Audience

mba application know audience

As Round 1 deadlines approach, applicants are coming to understand that applying to business school is an incredibly demanding process. In addition to taking the GMAT, assembling academic transcripts and providing recommendation letters, candidates are required to draft multiple essays, job descriptions, lists of activities and more.

With the obvious incentive to save time wherever possible, it’s understandable that many applicants simply cut and paste content from an existing résumé and write about their work in the manner that comes most naturally. However, in doing so, countless candidates each year assemble their materials without ever asking a fundamental question.

Who will read my MBA application?

While the answer to this question may vary from school to school, one thing is certain: It is unlikely that the person reading your MBA application will have an intimate level of familiarity with your specific industry or job function. This being the case, if you use industry-specific jargon or assume prior knowledge of your field on the part of the admissions officer, you will undoubtedly lose your reader.

It’s also important to keep the big picture in mind; many applicants become so mired in the details of their own work and role that they fail to provide sufficient context for an outsider to understand the impact of one’s efforts to the department or organization as a whole. Write about your experiences in a way that the average person will understand. While this is easier said than done, it underlines the importance of sharing your materials with an unbiased adviser (ideally not a work colleague or family member) to make sure that you aren’t off-base with some of your assumptions.

For some extra resources on how to perfect your application, read up on the Clear Admit Essay Topic Analyses for each school, read interviews with members admissions committees, and visit the Clear Admit shop for the informative Clear Admit School Guides. The School Guides offer in-depth, side-by-side comparisons of your target schools and their peer programs. The Clear Admit Strategy Guides and Interview Guides provide added insight into all aspects of the admissions process.

This article has been edited and republished with permissions from Clear Admit.

Posted in: Admissions Tips, Advice, Featured Home, News, Resume Tips | Comments Off on The MBA Application: Know Your Audience

Aug 25, 2017

University of Maryland Smith MBAs Participate in AECOM Innovation Challenge

AECOM Innovation Challenge

According to a press release, four Robert H. Smith School of Business MBAs recently participated in the AECOM Innovation Challenge. Taken during the spring 2017 semester, the two-credit independent study challenged Smith students and AECOM innovators to find a solution to a challenge facing the company. Continue reading…

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