Creating Your Long Term MBA Plan           Jeremy Shinewald      Founder/President, mbaMission       Be sure to visit mbaM...
Table of Contents1. The Current MBA Admissions Climate2. Creating My Long Term Plan: No Time Like the   Present3. Creating...
Section 1:The Current MBAAdmissions Climate
The Current MBA Admissions ClimateA Bubble Builds                           “Easy, Easy…”2007–2008 Application Year       ...
The Current MBA Admissions ClimateThe Bubble Slowly Deflates2009–2010 Application Year Mixed Reports on Application Volum...
Section 2:Creating My Long Term Plan:“No Time Like the Present”
Creating My Long Term Plan                          Leadership                                        Diversity/     Mutua...
Creating My Long-Term Plan                                                     Leadership                         Diversit...
Creating My Long-Term Plan                                                      Leadership                         Diversi...
Creating My Long-Term Plan                                                   Leadership                         Diversity/...
Creating My Long-Term Plan                                                    Leadership                         Diversity...
Creating My Long-Term Plan                                                     Leadership                         Diversit...
Creating My Long-Term PlanWhat Are My Next Steps?                      Academic                                           ...
Creating My Long-Term Plan                                                    Leadership                         Diversity...
Part 2:Creating My Long Term Plan:My 12 Month Calendar
Creating My Long Term Plan   March (Now!)       Start your GMAT Studies       Visit a Target School (or Two or Three)  ...
Creating My Long Term Plan   April       Meet with Alumni and Students       Assess Recommenders & Connect w/ “Old” Rec...
Creating My Long Term Plan   June       GMAT Again?       Do Well on those Midterms       Continue Writing Those Essay...
Creating My Long Term Plan   September       Polish Essays and Seek Feedback       Harangue Recommenders   October    ...
Creating My Long Term Plan   December       Polish Essays and Seek Feedback       Interview with Target Schools   Janu...
Creating My Long-Term Plan        “What Is This Session Really About?”Present to August 2011 (4+ Months!)                A...
Section 3:mbaMission/Questions andAnswers
mbaMission: Boutique Admissions ConsultantsAbout mbaMission    Elite Communicators    Unique MBA Experience    Not a We...
mbaMission: Boutique Admissions ConsultantsWe will guide you through our “Complete Start to Finish Process”: Candidate as...
mbaMission: Boutique Admissions ConsultantsAkiba Smith-Francis, Senior Consultant   Harvard College, Harvard Business Sch...
mbaMission: Boutique Admissions ConsultantsLynn Moloney, Senior Consultant   Harvard Business School   Managing Editor a...
mbaMission: Boutique Admissions Consultants    Every candidate has a unique story to tell.        We have the creative exp...
Upcoming GMAT courses with Manhattan GMATUpcoming Live Online 9-Session Prep Courses  Live Online Spring D 2011        Tue...
Contact mbaMission                   www.mbamission.com                     Jeremy Shinewald                  info@mbamiss...
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Creating Your Long Term MBA Plan

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An MBA admissions expert walks through the steps you should take to plan early for this coming MBA admissions season. This event was exclusively created for Beat The GMAT.

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Transcript of "Creating Your Long Term MBA Plan"

  1. 1. Creating Your Long Term MBA Plan Jeremy Shinewald Founder/President, mbaMission Be sure to visit mbaMission new Facebook Page atwww.facebook.com/mbaMission. For every 10 people who “like” our page, until we reach 500 “likes”, we will randomly select one person to receive a copy of our Long Term Planning Guide. March 22, 2011
  2. 2. Table of Contents1. The Current MBA Admissions Climate2. Creating My Long Term Plan: No Time Like the Present3. Creating My Long Term Plan: My 12 Month Calendar4. mbaMission/Q&A
  3. 3. Section 1:The Current MBAAdmissions Climate
  4. 4. The Current MBA Admissions ClimateA Bubble Builds “Easy, Easy…”2007–2008 Application Year 2008–2009 Application Year Application Volume  Application Volume HBS: 15% Increase HBS: 24% R1 Increase, down 5% overall Tuck: 15% Increase MIT: Record Volume, Decrease in R2 Wharton: 20% Increase Tuck: Application Volume is Flat MIT: 30% Increase Cornell: Decrease of 14%; Ross R2 Down Mortgage Crisis  Mortgage Crisis Applicants Seeking “Shelter” • Cautious Applicants Internationals Increasing  Internationals Decreasing Increase in Indian/Chinese Apps. Difficulty Obtaining Loans European Applicants Aging of Baby Boomers  Aging of Baby Boomers Need for “Replacement” Talent Boomers Are Not Going Anywhere 4
  5. 5. The Current MBA Admissions ClimateThe Bubble Slowly Deflates2009–2010 Application Year Mixed Reports on Application Volumes  NYT Reports on a “flattening out” and “slow down”  Difficult employment climate for MBAs/Challenging to get loans2010–2011 Application Year Opportunity Knocks  Easier to get in/easier to find jobs2011–2012 Application Year Looking Up?  Job picture is not robust, but improving  Banks are back on campus  Consulting firms never left campus 5
  6. 6. Section 2:Creating My Long Term Plan:“No Time Like the Present”
  7. 7. Creating My Long Term Plan Leadership Diversity/ Mutual “Fit” Academic Interpersonal Experience International with Target Abilities Skills and Potential Experience Program■ Under-graduate ■ Reflected in ■ Reflected in ■ Reflected in ■ Reflected in All Grades/ Essays, Resumes, Interview, Essays Essays and Components of Academic Rigor Recommendations and Recommendations Application and Interview Recommendations ■ Class Visits and■ GMAT Scores Networking ► Professional Trajectory ► Community and Volunteer Activities ► Personal Accomplishments/ Experiences ► Career Ambitions 7
  8. 8. Creating My Long-Term Plan Leadership Diversity/ Mutual “Fit” Academic Interpersonal Experience International with Target Abilities Skills and Potential Experience ProgramWhat Are My Next Steps?Prepare for the GMAT  Enroll in a Class Now! Nine-Week Class + Four Weeks of Study = May 30th(?) Test May Need to Take the GMAT Two or Three TimesThe Crucial Question: What Should My Target Score Be? 8
  9. 9. Creating My Long-Term Plan Leadership Diversity/ Mutual “Fit” Academic Interpersonal Experience International with Target Abilities Skills and Potential Experience ProgramWhat Are My Next Steps?Bolster Your Academic Profile  Enroll in a Winter/Spring Course Recover from Poor Academic Performance Establish Academic Competencies  New York: NYU, Baruch, Fordham, Rutgers, Pace  Calculus, Statistics, Economics, Finance, AccountingThe Crucial Question: What Constitutes a Good GPA? 9
  10. 10. Creating My Long-Term Plan Leadership Diversity/ Mutual “Fit” Academic Interpersonal Experience International with Target Abilities Skills and Potential Experience ProgramWhat Are My Next Steps?Engage in Community/Leadership Activities  Community Service: Why?  Community Service Is Not a “Sentence”  It Is Not Too Late: 7 Months of ImpactThe Crucial Question: Do I Have Enough Leadership Experience? 10
  11. 11. Creating My Long-Term Plan Leadership Diversity/ Mutual “Fit” Academic Interpersonal Experience International with Target Abilities Skills and Potential Experience ProgramWhat Are My Next Steps?Advance Personal Goals  An Aspect of the Process that Is Fully in Your Control  Unique Opportunity to “Own” Your Story  Take advantage of existing opportunities CFA Marathon Publication Travel/LanguagesThe Crucial Question: Is This Even Relevant? 11
  12. 12. Creating My Long-Term Plan Leadership Diversity/ Mutual “Fit” Academic Interpersonal Experience International with Target Abilities Skills and Potential Experience ProgramWhat Are My Next Steps?Get to Know Your Target Programs  Reputation/Prestige Rankings vs. Reality  Location Urban Campus vs. College Town  Class Size Intimacy vs. Anonymity  Teaching Method Lecture vs. Case  Core Curriculum Mandatory Core vs. Flexibility  Recruiting Target Firms Come to Campus?  Specializations Marketing, Finance, International?  Alumni Base Size, Depth, Loyalty?  Facilities Modern vs. Antiquated  Professors Teaching vs. Research 12
  13. 13. Creating My Long-Term PlanWhat Are My Next Steps? Academic Abilities Leadership Experience and Potential Interpersonal Skills Diversity/ International Experience Mutual “Fit” with Target ProgramGet to Know Your Target Programs Reputation: Business Week #1  Reputation: Business Week #14 Location: Chicago (3rd in USA)  Location: Hanover (“college town”) Class Size: 550 per class  Class Size: 240 per class Teaching Method: Flexible  Teaching Method: Case Emphasis Core Curriculum: No Core  Core Curriculum: First Yr. (1 Elective) Recruiting/Specialization:  Recruiting/Specialization: Consulting Finance Only? Only? Alumni: 42,000  Alumni: Less than 10,000 Facilities: Harper Center (2004)  Facilities: Upgrade in 2008 Professors: Research/Teaching  Professors: Teaching/Research 13
  14. 14. Creating My Long-Term Plan Leadership Diversity/ Mutual “Fit” Academic InterpersonalWhat Are My Next Steps? Abilities Experience and Potential Skills International Experience with Target ProgramGet to Know Your Target Programs:  Preliminary Steps: Admissions Blogs mbaMission Blog mbaMission Insider’s Guides Chat Boards Q&A Sessions  The Extra Mile: Visit Campuses NOW Meet with Alumni Meet with Current StudentsThe Crucial Question: Fit, Really? 14
  15. 15. Part 2:Creating My Long Term Plan:My 12 Month Calendar
  16. 16. Creating My Long Term Plan March (Now!)  Start your GMAT Studies  Visit a Target School (or Two or Three)  Start to Advance Comm./Personal Objectives  Pursue Firm Sponsorship 16
  17. 17. Creating My Long Term Plan April  Meet with Alumni and Students  Assess Recommenders & Connect w/ “Old” Recommenders  Visit a Target School and Narrow Choices  Complete Informational Interviews  Prepare Your Resume May  Take the GMAT (Hopefully Once!)  Define Target Schools  Start a Summer Course  Brainstorm and Start Writing Essays 17
  18. 18. Creating My Long Term Plan June  GMAT Again?  Do Well on those Midterms  Continue Writing Those Essays July  GMAT One Last Time?  Meet with Recommenders August  Complete Coursework  Follow-Up With Recommenders 18
  19. 19. Creating My Long Term Plan September  Polish Essays and Seek Feedback  Harangue Recommenders October  Submit Round One Applications  Visit Remaining Target Schools  Take a Deep Breath November  Plan Interviews  Evaluate Progress and Consider New Target Schools 19
  20. 20. Creating My Long Term Plan December  Polish Essays and Seek Feedback  Interview with Target Schools January  Submit Round Two Applications  Enjoy Acceptances  Plan Interviews  Waitlist Letters February  Visa/Scholarships/Reassess Targets? 20
  21. 21. Creating My Long-Term Plan “What Is This Session Really About?”Present to August 2011 (4+ Months!) Aug. 2011 – Jan. 2012 Take a GMAT Class and the GMAT ► Apply to Business School Bolster your Academic Profile ► Apply to Business School Engage in Community Activities ► Apply to Business School Advance Personal Goals ► Apply to Business School Visit Campuses ► Apply to Business School Meet with Alumni/Current Students ► Apply to Business School Connect with and Evaluate Recommenders ► Apply to Business School Prepare Your Resume ► Apply to Business School Conduct Informational Interviews or Job-Shadow ► Apply to Business School Firm Sponsorship? ► Apply to Business School Prepare Responses to Short-Answer Sections ► Wait for Decisions Time Management! 21
  22. 22. Section 3:mbaMission/Questions andAnswers
  23. 23. mbaMission: Boutique Admissions ConsultantsAbout mbaMission  Elite Communicators  Unique MBA Experience  Not a Website, a Firm – Our Team is Front and Center  External Validation, Not Arbitrary Success Rates  Already Working for You  Admissions Experience  Complete Start to Finish Package  Blog/Events/Book 23
  24. 24. mbaMission: Boutique Admissions ConsultantsWe will guide you through our “Complete Start to Finish Process”: Candidate assessment, application strategy and program selection Brainstorming and selection of essay topics Outlining and essay structuring Unlimited essay editing Letter of recommendation advice Resume construction and review Interview preparation, mock interviews and feedback Post-acceptance and scholarship counseling 24
  25. 25. mbaMission: Boutique Admissions ConsultantsAkiba Smith-Francis, Senior Consultant Harvard College, Harvard Business School, Kennedy School of Government McKinsey & Co. Board of Directors, Cool Kids Learn and Smith Leadership Academy Publications: Moxy MagazineMonica Carpenter-Okrah, Senior Consultant Harvard Business School J.P. Morgan Co-Author, “65 Successful Harvard Business School Application Essays,” St. Martins Press, 2004 Chief Marketing Officer, HBS Alumni Club of Charlotte (700+ members) 25
  26. 26. mbaMission: Boutique Admissions ConsultantsLynn Moloney, Senior Consultant Harvard Business School Managing Editor at Inc. and Fast Company Editorial Department at Vanity Fair Started a marketing consulting firmJessica Shklar, Senior Consultant Harvard College, Harvard Business School (Distinction) Six Sigma Master Black Belt, Quality Leader and a Senior Vice President for Chase Home Finance Extensive Internal and External Corporate Publications 26
  27. 27. mbaMission: Boutique Admissions Consultants Every candidate has a unique story to tell. We have the creative experience to help you tell yours. 27
  28. 28. Upcoming GMAT courses with Manhattan GMATUpcoming Live Online 9-Session Prep Courses Live Online Spring D 2011 Tuesdays, March 22 – May 17 9:00 pm – 12:00 am EDT Live Online Spring F 2011 Tuesdays, March 29 – May 24 10:30 am – 1:30 pm EDT Live Online Spring G 2011 Saturdays, April 2 – June 4 2:00 pm – 5:00 pm EDTIn Person 9-Session Prep Courses Offered in: New York, Los Angeles, Boston, San Francisco, Chicago, DC, Philadelphia, Atlanta, Austin, Dallas, Houston, Montreal, Raleigh-Durham, Seattle, Toronto, St. Louis , London, Paris, and Miami Visit www.manhattangmat.com to see full schedules or sign up for a free trial session 28
  29. 29. Contact mbaMission www.mbamission.com Jeremy Shinewald info@mbamission.com Free Consultation: www.mbamission.com/consult.php www.facebook.com/mbaMission Follow @mbaMission on Twitter 29

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