Home


GyanOne


Applying on Round 1 or Round 2. Which round increases the chances of being accepted to a top MBA program?


Categories : Round 1 vs Round 2

Round 1 vs Round 2 MBAWe would say that a strong candidate has an equally good chance in either round. What is important is to submit a strong application that one feels puts one’s best face forward, rather than try to rush things just to meet the Round 1 deadline. It is a myth that applying in Round 1 increases one’s chances of acceptance at a top MBA program. If you are ready with the application in time for the Round 1 submission, there should be no reason to delay until Round 2. If you are not ready, do not hesitate to spend additional time polishing up the application till you feel it is as good as it can get.

As we have noted in our earlier post on ISB Admissions on F1GMAT, far too many candidates believe that the number of places at MBA programs is limited and that applying in a later round might mean that those places are already taken. This may be true for later rounds (Round 3 and later at top schools) but is not much of an issue between Round 1 and Round 2.

Some exceptions are top global programs that encourage applicants to apply as early as they can. For example,...


ISB MBA Admission Tips - GMAT, Essays and Deadlines



ISB MBA ApplicationAdmissions for the Class of 2013 at Indian School of Business(ISB), Hyderabad, are in full swing. While the Round 1 (R1) deadline has been announced as September 15, 2011, the R2 deadline is two and a half months later – November 30, 2011.

R1 or R2?

First, the often-asked question – “Should I apply in R1 or R2?” The answer to this question is really simple. If you are ready with the application in R1, then apply now. However, if you are not (need more time for GMAT / documents not in place/expecting a promotion shortly) then by all means wait for R2. If you are a strong candidate, you will get through in R1 or R2 regardless of when you apply. Sometimes, candidates tend to rush their application (take the GMAT much earlier than when they would be ready for it/ submit the essays before putting in enough thought on them) in a quest to beat the R1 deadline. They feel that their ‘profile’ will ultimately shine through. This is a mistake. Remember, your profile is not just...


ISB MBA Admission Tips - Recommendations and Scholarships



In the second part of this continued article, we discuss recommendations and scholarships, two aspects of the ISB application that are very important for potential candidates.  

Recommendations – how/who/why/and when?

A recommendation is a personal, privileged statement. It is supposed to be a fair and honest assessment of your abilities sent by your recommender, unseen by you, to the Admissions Committee. Unfortunately some applicants see this as merely a formality – they feel it is okay to prepare a ‘draft’ recommendation, and get it approved by your recommender before asking him/her to send it across. If you think this way too, then beware. As a former member of the ISB Admissions Committee, I can tell you that the school scrutinizes recommendations on various fronts. If there is at all a doubt about the integrity of your application, it can mean a permanent rejection, no further questions asked. Therefore, make sure that the recommendation is an honest one. On occasion, you might find your recommender requesting you for a list of your achievements and significant projects – it is okay to provide this to help jog his/her memory. The best way is to ask...


MBA Admission Interviews - Five Common Mistakes



MBA Admission Interview MistakesMBA Admissions interviews are always important – the candidate knows that a strong performance at this juncture will mean a sure admission, while an unconvincing one will mean the end of the road this time round. Here are five critical mistakes we have seen candidates make over the years, and tips on how to avoid the errors:

Wanting to do an MBA for a higher salary: While it is fine to have a higher salary as one of the aims for doing an MBA, don’t make it your overbearing aim. Your aim should be to take up a different line of work (say, moving from software coding to project management) or a different business function entirely (say, moving from operations to marketing), which might have associated salary benefits too. Stating that you want to go for an MBA because the job you will get post the MBA will carry a higher salary will not go down too well with admissions committees. This is because it is possible for you to get a higher salary through various other means as well, and you are not placing any value on the scholastic and skill aspects of the MBA. On the other hand, tying an MBA with a desire to change the function you work in will...


Indian School of Business - An Insider’s view



ISBIndian School of Business (ISB), Hyderabad is one of the most renowned B-schools in the Asian region. While a lot has already been said about ISB’s infrastructure, the quality of its faculty, and its affiliation with other top b-schools, this article seeks to present an insider’s view of some of the other things that make ISB a great school to attend.

Social initiatives: ISB is host to a local chapter of the Net Impact club. This club provides students with plenty of opportunities to lend a helping hand to the needy. Some of the activities that students can participate in through this club are:

(a) Social welfare activities like organizing blood donation camps and health check-up camps. Another important event is Bandhan, an annual event where ISB students celebrate India’s Independence Day (Aug 15) with less privileged students from four Non-Government Organizations (NGOs) across Hyderabad.

(b) Management consulting and strategizing opportunities for non-profits. The club provides opportunities for giving pro-bono consulting services to non-profits. This is a great...


What kind of MBA suits me - Indian/IT/Telecom/4 Years?


Categories : Q&A

I am currently working with International IT MNC in telecom domain with 4+ years of experience, majorly in Project Implementation. If I want to retain my same line of professional what kind of MBA suits me. Also, what are the other options for me?

Nahush, if you want to retain your professional line then you could go for an MBA with a specialization (major) in IT. Most premier institutes offering an MBA do offer the IT specialization. Alternatively, you could try for the PGDCM at IIM Calcutta. Further, you could opt for an MS from an institute like BITS Pilani or one of the IITs, which would be an MS/M.Tech in Telecom.

2) I am not willing to take much of the loan and want to pursue MBA from Singapore or Hong Kong ( I am indian) . What is your recommendations on this. I already have Diploma in Telecom Management from one of the premier Indian Universities

You could opt for the Singapore or Hong Kong locations for the MBA, which would give you a pan-Asian reach in terms of placements. Taking a loan or not is a personal decision dependent on your financial position - if you can avoid taking it and want to do so, by all means go ahead.  The best places for an MBA in Singapore/Hong Kong are NUS/NTU/INSEAD (Singapore) and HKUST (Hong Kong).


...


ISB Mohali Campus - Good News for MBA Candidates



ISB Mohali Campus - MBA AdmissionsThe Indian School of Business (ISB) has announced commencement of the academic session 2012-13 from its new campus in Mohali, in addition to the already operational one at Hyderabad. The launch of the new campus will expand the geographical horizons of ISB within India, giving it better reach and a foothold in the North Indian region. This is also good news for prospective candidates, giving them a number of advantages. GyanOne prepared a brief on how the change brings new opportunities for students and potential applicants. This is summarized below:

What is new for ISB MBA Admissions?

- First up, the increased number of seats. With 210 seats being introduced for the first session at Mohali, the total intake at ISB (Hyderabad + Mohali) will go up to 770 for the academic session 2012-13

- The Mohali campus will also see...


If a and b are both positive integers (Number Properties)


Categories : Number Properties

If a and b are both positive integers, is b^(a+1) - b(a^b) odd?

(1) a + (a + 4) + (a - 8) + (a + 6) + (a - 10) is odd
(2) b^3 + 3b^2 + 5b + 7 is odd

Explanation:

The trick to solving this question is to remember that for positive integers:

(a) Even^(positive integer) = even
(b) Odd^(positive integer) = odd
(c) even x even = even x odd = even
(d) even – even = even
(e) odd – odd = even
(f) even – odd = odd


Using statement (1):

5a-8 is odd
=> a is odd

Now evaluating b^(a+1) - ba^b, we get b^even -b*odd
If b is even, the expression is even^even - even = even
If b is odd, the expression is odd^even - odd = even
Therefore in either case, we can say that the expression is not odd. Sufficient.

Using statement (2):

b^3 + 3b^2 + 5b + 7 is odd
=> b^3 + 3b^2 + 5b is even
=> b is even (because if b is odd, the...


In the Business program at a university, all candidates for the MBA



In the Business program at a university, all candidates for the MBA in International Business who entered the program after 1990 took a seminar on Microeconomics, and all candidates for the MBA in International Business who entered the program after 1994 took a seminar on Applied Economics.

If a student in the Business program described above took a seminar on Microeconomics but did not take a seminar on Applied Economics, which of the following must be true?

(A) The student entered the Business program prior to 1995.
(B) The student entered the Business program after 1990 and prior to 1995.
(C) If the student was a candidate for the MBA in International Business, then the student entered the program prior to 1994.
(D) If the student was a candidate for the MBA in International Business, then the student entered the program prior to 1991.
(E)If the student was a candidate for the MBA in International Business, then the student entered the program after 1990 and prior to 1995.

Solution:

(A): This option does not mention whether the student is an MBA candidate or...


Percentage - 2 Mistakes that Most GMAT Test Takers Make


Categories : Percents

Two Common GMAT Percentage MistakesThe topic of percentages is one of the easiest that you will tackle on the GMAT. We are all accustomed to calculating percentages in our daily lives, and any potential question on this topic would seem to be a cakewalk to most. While that is generally true, there are also some traps and pitfalls that the GMAT will lay down for you. Be careful not to get caught in them! Here are some handy tips, tricks, and trap warnings to help you negotiate your way around GMAT questions on this topic:

Error Type 1: Using the wrong base when calculating percentage change

The percentage increase in a quantity when it is increased by a certain amount is [(new value – old value)/old value] x 100. Similarly the percentage decrease is [(old value-new value)/old value] x 100. This point seems to be fairly obvious. However, an exam situation can play tricks on anyone and cause them to make silly mistakes in a hurry.

A common error involves taking the new value in the denominator. If the price of a product increases from 120 to 140, the percentage increase is (20/120)*100 = 16.67%, not (20/140)*100...

Top 31 MBA Programs + Analysis of 24 Industries (United States)


We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).


Pages: 327

Reviews

"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

Get F1GMAT's Newsletters (Best in the Industry)
Included in the Newsletter:

  • Ranking Analysis
  • Post-MBA Salary Trends
  • Post-MBA Job Function & Industry Analysis
  • Post-MBA City Review
  • MBA Application Essay Tips
  • School Specific Essay Tips
  • GMAT Preparation Tips
  • MBA Admission Interview Tips
  • School Specific Interview Tips
  • Funding Guidance and
  • Special Consultation Service (only for Subscribers)

Subscribe to F1GMAT's Newsletter