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MLT MBA Prep Presentation






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MLT MBA Prep Presentation MLT MBA Prep Presentation Presentation Transcript

  • MBA ProgramsInformation Session
  • Introduction
    MLT Overview
    Why MLT
    Program Overview
    Program Timeline
    Application Information
    Next Steps
  • MLT is the premier career development institution that equips minorities with the key ingredients – skills, coaching, and door opening relationships – that unlock their potential.
    Talent development system developed in 2002 with BCG
    Industry-leading partners – corporations, foundations, and MBA programs – actively engaged in curriculum development and delivery
    Breakthrough results for Fellows and partners
    • Serving 500 new and 1000 total high potential minorities per year with 1,500 engaged alumni
    • Leading source of minority MBA candidates for top 10 business schools
    • Leading source of minority talent for top firms, including Citi, Goldman Sachs, Google, PepsiCo, and Target
    Featured in major media
    • Profiled as the leading minority talent organization on CNN’s “Black in America 2: Tomorrow’s Leaders” series
    • Cover story in Fortune and profiled on NPR, Wall Street Journal, BusinessWeek, and Financial Times
    MLT Overview
  • Why mlt?
    Minorities are struggling at key transition points and falling out of the leadership pipeline.
    Source: 2001 study conducted by BCG/MLT; updated in 2006 by Booz Allen Hamilton/MLT
  • The key ingredients to career advancement are here. Through strategic programming, MLT prepares early-career professionals for admission to top MBA programs and to make successful post-MBA career transitions
    MBA Prep Program Components
    Application Roadmap: MBA Prep demystifies the application process
    One-on-one coaching: Dedicated relationship with an MLT coach who helps you navigate the process
    Unprecedented early exposure: Meaningful relationships with business school and corporation representatives
    Unique curriculum: Our curriculum is delivered in partnership with leading business schools and organizations via monthly assignments, seminars and boot camps
  • Program timeline
    The road to business school is complex. MBA Prep guides Fellows through the application and interview process and shows them what it takes to be successful in business school and beyond.
    2011 2012
    Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug B- School
    1-on-1 Coaching Sessions
    Pre-MBA Internships
    Professional Development
    • Self-assessment
    • Career research
    • School research & fit
    • Passion & goal development
    • Essay critique
    • Resume development
    • Exposure to admissions officers at top b-schools
    • Early access to corporate partners
    • Executive leadership presentations
    • Skill development workshops
    • Work experience
    • Industry exposure
    • Skill development
    NOTE: Competitive selection process
    • Career Support
    • Career clarity
    • Interview coaching
  • I am mlt
    95% of Fellows
    were admitted to at
    least one top business
    90% of Fellows
    start their post-MBA
    careers in fast-track
    80% of 2010 MLT
    Fellows scored 600+
    on the GMAT
    Dana Foster
    New York, NY
    NBC Universal
    MBA Prep 2010
    Northwestern University, Kellogg School of
    “ I am MLT because I’ve fostered
    relationships with the most impressive set of
    intelligent and outgoing
    individuals, relationships that will only
    continue to grow in both a personal and
    professional capacity”
    Carlos Castro
    Houston, TX
    Anadarko Petroleum
    MBA Prep 2010
    Cornell University, The Johnson School of
    “ I am MLT because I am now equipped with
    a powerful dream and a plan of execution to
    better the lives of others for generations to
  • Mlt’s business school partners
  • MLT’s Corporate and non-profit partners
  • Eligibility
    Our expectation:
    What is Required:
    1. Identify as an under-represented minority
    Identify as Black/African-American, Latino/a, Native American, or a combination with any of the aforementioned identities.
    2. Work Experience
    Applicants must have at least one year of post-grad work experience by December 31, 2010.
    3. Achievement
    Applicants must have solid academic standing and a bachelor's degree. Applicants must also have demonstrated leadership ability and motivation in their extracurricular activities.
    4. Commitment
    Applicants must be willing to commit significant time and energy to the program.
    5. US Citizenship
    MBA Prep is open to US Citizens and Permanent Residents.
    1. Personal Traits
    Scrappiness*, Self-awareness, Coachability,
    Resourcefulness, Professionalism, Maturity,
    Ambition, Initiative, Can-do attitude
    2. Analytical Skills
    Academic Achievement, Demonstrated analytical & problem solving skills
    3. Realized Success
    Evidence of personal and professional accomplishment, Quality of work experience, Strong follow-up and follow-through
    4. Leadership
    Ability to get along with others, Willingness to help others, Strong team contribution and participation, Community involvement, Personal leadership & accountability
    ** Note - An official GMAT score is NOT required for admission
    Scrappy - Adj.: Demonstrating an unwavering resolve to do whatever is necessary to achieve the best results for everyone involved, no matter how difficult.
  • Application & admission
    Essay Question 1: What are your post-MBA short and long term career goals and how will an MBA help you achieve them? What research have you done to determine that the MBA is the next step for you? Be sure to address how MBA Prep fits in to your plan.(500 words max)
    Essay Question 2: Tell us about a time you experienced failure, either personally or professionally. What did you learn about yourself as a result? (400 words max)
    Essay Question 3: MBA Prep requires a significant commitment of time and energy. Successful participants engage in the process and understand the time commitment required. What will be your biggest challenge in meeting the requirements during the program? Is there anything that may affect your performance during the program? Additionally, if there are extenuating circumstances you’d like to address, including gaps in work history or low GPA, please let us know. If you are reapplying to the program, you should use this as an opportunity to discuss your growth as a candidate since you last applied. (350 words max)
    Talk to MLT Fellows & Alumni
    GMAT Preparation (e.g. classes, tutor, study, practice test)
    Networking/Relationship Building(for school research, references, etc)
    MBAP Application:
    General Information
    Online Recommendation (current/former mgr, prof’l colleagues, community leaders, professors, MBAP alumni, college student club leaders)
    Undergraduate Test Scores and Transcript/GPA
    Application Fee ($75)
    Permanent Residency Card (if applicable)
    Application Deadline: Round 2: Oct 31st
  • Application Cycle
    2010 2011
    Sep Oct Nov Dec Jan Feb Mar
    MBA Prep Begins
    GMAT Preparation
    D1: December
    D2: January
    February 1, 2011
    Official GMAT scores & by 9:00am EST
    • Official Transcripts
    • GMAT Scores
    • Proof of Citizenship
    • Admissions Contract
    D1: September 15, 2010
    D2: October 31, 2010
    *Interviews are conducted via phone to select individuals
  • Next Steps
    Prepfor theGMAT
    Savefor theProcess
    Developrelationships with yourRecommenders
    Startthe Application
    (Due Oct. 31st )
  • Contact us
    Contact us
    Ronethea Williams, Talent Recruitment
    Tel: 646 810-6109 • Email: Rwilliams@ml4t.org