All MBA Application Related Tips

As we had recommended in the Essay Writing process, in a 3-week schedule, 1 week should be dedicated for rewriting the essay. Applicants depend on consultants and editors to rewrite the essay, at least to kick start the process. Ideally, avoid borrowing phrases from consultants, but include your unique voice and rewrite the essay for these ten scenarios.

Ten Scenarios: MBA Application Essay Rewrite

The Admission team knows that you can excel in core classes: finance, accounting, and statistics, but don’t rest on your laurels! Since Investment Banks are popular recruiters in Top Business Schools, applicants from Finance find a considerable representation. To improve your admission chances, you have to stand out from other Finance Professionals.

Finance Professionals: Don't make these Mistakes

Instead of linearly writing one sentence that connects one thought to the next, this technique purposefully leaves gaps in comprehension between one sentence, the next, and maybe even the next, but catches up at the fourth sentence to connect with sentence one. If you leave too much gap between sentence 1 and 4, the Essay reviewer will lose interest.

The number of Round 2 applicants tends to be higher than Round 1 despite the admission team and consultants, including me, recommending applicants to target dream schools (first and second in the list) by round one.

Before you start the application process for Round 2, here are 5 things to consider

Everyone in the admissions committee knows what an investment banking, hedge fund or private equity analyst does all day. Many of your peers are also working hard to gain admission, and thousands of applications later, your work experience may start to seem similar to all the others in the pile.

Read: Common MBA Application Mistakes made by Finance Professionals (Part 2)

Applying for an MBA after your business has gone bankrupt does not have to be a weakness. Business schools appreciate innovation and entrepreneurship. The experience of starting and running your own company can be an interesting perspective you can bring to enrich the MBA program. Even the lessons learned from the failed venture can be worthwhile as well. There are some key questions on the minds of the admission boards when evaluating an entrepreneur whose business has failed.

First, they will evaluate the scope of the business (is this someone tinkering with a hobby or is this a real venture?) Then they will assess what you achieved (did you create a product that is being patented/raise funds from investors to expand the business or did the business not take off in the first place?) And finally, they will investigate why the business failed and the lessons you learned from the bankruptcy (are there holes in your skill set that you need to strengthen or did you make glaring mistakes that raise questions about your judgment?)

If you are like thousands of other Americans who are exhausted by the election campaigns and the 'nasty' debates, take solace in the fact that there are some lessons that you can apply in your MBA application essays.

MBA Application Essay Tips

Because applicants from finance are overrepresented in the admissions pool, your goal is to stand out as much as possible from peers with similar backgrounds. However, there’s a right way and a wrong way to attract the admission committee’s attention, so make sure to avoid these 10 common MBA application mistakes made by finance professionals. 

If you have watched stand-up comedians deliver their best performances, you will notice three things: a good set-up, an amusing punch line, and a unique delivery. Here is what you can learn from these comedians about MBA Application essays, especially with changing essay lengths and formats. 

An average human makes 27 decisions per day, from selecting the tie, to choosing grocery, to making life-altering commitments. Decisions that demonstrate courage in leadership has one thing in common: lack of information.