Essay 1: Professional Aspirations (750 word maximum, double-spaced, 12-point font)
Why pursue an MBA (or dual degree) at this point in your life?
What actions have you taken to determine that Stern is the best fit for your MBA experience?
What do you see yourself doing professionally upon graduation?
Stern MBA Essay Tips
Approaching Stern MBA essay is little different from how you approach Stanford or Wharton essays. NYU Stern is among a handful of schools where grades take precedence over the whole experience. If you have referred the ‘Study Abroad Courses’ section, you might have learned that the courses taken during the exchange has no contribution towards your grade.
Stern also has strict guidelines on maintaining the 35-40-25% ratio for grades or what is known as the NYU Stern grading curve. According to the guideline professors are required to give A and A- grade to only 35% of the class – the top percentile, B and B- to 40% of the class – the majority and C and lower to 25% of the class.
98% of the applicant will cite this reason for pursuing an MBA, and rightly so. It is about how you explain the moment. Has your supervisor explicitly told you in a 360-degree evaluation meeting about the limitations of your undergraduate degree? Fortune 500 companies have a pool of top performers and freshly minted functional experts (MBA), who are pitted against each other for a few seats in Finance, Marketing, and Consulting. Be specific when you cite the reason.
This might seem like an exaggeration but applicants who have demonstrated an ability to comprehend a diverse set of courses, and excelled at it (Grade A) will find working on mundane problems a bit draining. Explain your learning curve – how you grasped the functional knowledge, and climbed the career ladder by seeking new challenges.
Reaching career stagnation should not just be from the point of view of opportunities but also should be about the learning opportunities.
New Career Path – Realization (Career Switchers)
The majority of applicants join Stern as career switchers, with most of them pursuing investment banking opportunities, but with the competition – Wharton, Booth and Harvard taking a lion share of the positions, NYU Stern need candidates who have a natural flare towards the new career path. If you are pursuing a career in Finance, you have to cite your experience working in the Finance industry.
You might be opting for Finance just for the pay, but don’t make ‘pay’ the central focus. Aptitude is a key influencer. Either you have to cite you undergraduate degree courses and demonstrate how you excelled in Statistics, Math and Accounting, or use your extra-curricular experience to cite instances where you managed the funds (non-profit –fundraising, budgeting, or investing), or both to show that you were naturally good with numbers and funds.
Download Specializations to Post-MBA Goals Summary Sheet
The Above Post is an Excerpt from F1GMAT's NYU Stern MBA Essay Guide
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