Before you go into why extracurricular is important for essays, understand which school you are applying. For Finance focused schools - Booth/Wharton, measuring your skills in Finance is straightforward. They have to evaluate your professional progress to measure competency. Recommendation letters and resume give hints on professional achievements. Transcripts demonstrate your aptitude for the post-MBA job function. But rarely does an MBA candidate achieve extraordinary feat by doing the basic minimum for a job. Accepting such applicants can decrease the cumulative brand value of the school. That is where extra-curricular comes into play.
Extracurricular = Balanced Personality
If you are good with numbers, statistical analysis and developing financial models, but work poorly in a team, then selecting you for the latest Booth MBA class, and eventually to one of the top Employers - Morgan Stanley, Goldman Sachs, JPMorgan Chase, or Deutsche Bank, might go against Booth’s career service team. In a high-pressure environment like Investment Banking, where sales and marketing are equally important as preparing Financial Products, a single-tracked personality would not climb the career ladder swiftly. They will be pigeonholed into one technical expertise. And that is not good for the school when...
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