Categories : Opinions

MBA Admission Consultant - Dont Waste TimeMBA Admission Consultant - Don't Waste Time

Last week, I visited a specialist doctor and discussed with him about being part of an Entrepreneurial venture that will allow readers to ask questions directly to doctors. The reply was interesting.

“I have no problem answering the questions but don’t show my details including my phone number. The queries should be filtered through your website.”

 I thought it was a fair request and loudly guessed his intentions.

“You don’t want to offer your consulting time for free?”

“No. It’s not about the consulting time, but this tendency to call doctors will be a nuisance and I don’t want my routine to be disturbed. In my opinion, those who call Doctors without fixing an appointment are hypochondriacs or don’t have anything to do.”

Early in our article about Picking the Right MBA Admission consultant, one of our advice was:

“When you sign up for 1-2 hours, try to get a feel for how flexible they are with the communication or appointment. Consultants who are too rigid or charge for extra seconds are not the right people that you should depend on.”

A recent encounter with an...

I can understand how a current student praises the MBA program through student blogs, social media, and other interactions. However, a recent trend that I have seen in some message boards is the die-hard fandom of MBA aspirants. Most of them have just finished their GMAT, and have decided to apply to an MBA program. But they are already big fans of some MBA programs!

Fandom is not a disease but it is irrational. When you are making $150,000 to $200,000 decisions, last thing that should influence you are irrational thoughts. If you have gone through student blogs, 90% of them will be about the ‘awesome experience’, ‘the amazing professors’, and ‘the great opportunity’ that lie ahead for all MBAs. Some message boards are filled with a few sour grapes who bash the Business School on every given opportunity, just because they did not fully understand the value of the MBA program, and overestimated the return on investment.

The truth is somewhere in the middle.

Talk to the Alumni

While I was shortlisting Business Schools, my decision - not to pursue an MBA, and instead start F1GMAT was influenced by a close friend of mine, and 2-3 alumni. I was looking for an Entrepreneurial MBA program and through my interactions with Business School representatives, started believing that an MBA would help me become an entrepreneur....

Business School Ranking FlawsBusiness School Ranking is tricky, and for publications, the evaluation is based on feedback from Alumni, Current Students, Professors, and Recruiters. Biases emerge from different actors in management education. The result is a concocted list with a high margin of error. Historical ranking plays a major role in maintaining status quo. Are you saying that Harvard, Stanford and Wharton remain the only top three schools offering world class education? There are at least four more equal or better schools that are not even featured in the top 10 list.

But the ranking is not based on an independent review but through the response from Alma matter and the beneficiary – the Recruiter. When you look closer, the response rates are as low as 20-25%.  Such low numbers should not influence the opinions of future MBAs, who will use the ranking information as the basis for their belief. Schools featuring in the top 20 list will spread the news furthest, and those who are not featured in top 50 will use...

Categories : Opinions

MBA Networking RealityI have analyzed Business School networks on a case-by-case basis over the past seven years and through several interviews in our ‘Ask the MBA Admissions Team’ section. Most Business School teams would iterate that networking is one of the key reasons why applicants should consider their school. For one, without networking, you are unlikely to get the right job. You might get any job but the idea of sacrificing 3 years – one year on MBA Admission preparation and two years on the MBA and post-MBA fine-tuning, is not to get any job.

During 2008-09, the worst time for an MBA to graduate, even the likes of Chicago booth and Wharton struggled to match the candidate’s expectation. So what does networking means? It doesn’t matter if the school promotes itself as having 4000 or 40,000 sized Alumni network. If you don’t find opportunities to get an interview through events hosted by the school or other informal events, the number is insignificant. If the career services team provides access to job listings, you have to realize that the same openings are available to your classmates.

Understanding Competition

Categories : Opinions

QS Business School ReportMBA Aspirants bet their future on this data and Business Schools pump out PR articles on it. Yes – Business school rankings, an important indicator that influences MBA applicants to pick one school over the other. Just a few pages into QS Global 200 Business School Report, some glaring contradictions become visible.

The team at QS should be appreciated for making the ranking all about Employability. It is simple, and MBAs cite career progression or career switching as the primary motivation for an MBA. Picking schools that have a good reputation among recruiters is a strategy that will help MBA aspirants reach their post-MBA career goals. The ranking is based on the rating that recruiters provide for each full-time MBA program. Full-time MBA programs are categorized into four categories – Elite Global, Emerging Global, Elite Regional, and Emerging Regional.

The methodology is sound, the focus on Full-time MBA programs, and participating recruiters large but the...

Categories : Opinions

Thank you MBA ApplicationAlthough Thanksgiving Day has evolved from a day of reform and gratitude to “Turkey Day”, when families willingly or unwillingly sit around a table, and pretend to enjoy each other’s company, the day signifies the importance of gratitude. For MBA applicants, it is a day to forget about Round 2 deadlines, and GMAT preparation. The 6 month to 1-year journey of MBA application, right from picking the school to arranging funds can be stressful. You don’t have to sacrifice the sense of well-being during this long journey.

According to studies by Dr. Robert A. Emmons of the University of California, Davis, and Dr. Michael E. McCullough of the University of Miami, groups that wrote about things that they were grateful tends to feel better about their lives, had fewer visits to the Doctor, and exercised more. In contrast, the group that focused on all the problems in their life felt irritated and unhappy.

If you think about the journey, there are websites, forums, supervisors, managers, admission consultants, alumni, current B-School Students, friends, and family who have made your journey a less stressful one. Consider this week as a “Thanksgiving Week.”

So how can MBA Applicants thank the individuals?


Categories : Opinions

Indian MBA ApplicantsIt is interesting to learn about Indian MBA applicants and their motivations for an MBA. The conversation with Mr. X (An Indian Male Applicant) started through our Facebook Page and recently I had the chance to discuss with him about picking the right MBA Admission consultant.

I was shocked to learn that the candidate was expecting the consultant to pick a school for him. It’s like asking your parents to pick a career or a spouse for you; this is not uncommon in India, and I wondered how any non-Indian consultant will ever understand this cultural disparity. Don't just rely on the consultant's opinion for your future. Do your own research and then contact the consultant.

Unfortunately, majority of Indian applicants will not reach top 50 MBA programs in the world. They fall under:

a) Applicants graduating from tier-2...

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