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WHAT IT TAKES FOR A   MBA ABROAD




1
                             Chethan Mittapalli
                          Babson College Class of 2014
AGENDA
   Why MBA ?
   Types of MBA Programs
   Admission Process
   GMAT Preparation
   GMAT Material
   TOEFL
   School Selection
   AdCom’s Perspective
   Concentrations
   Do’s and Don'ts
   Deadlines
   Questions               2
WHY MBA ?
 Develop more Skills
 Career Growth

 Networking

 Career Switchers

 Company Sponsored



   Just for an additional Degree 



                                      3
DO I NEED A MBA ?
 Analyze your background and skills
 Post MBA Career Goals

 Weaknesses or Missing Skills

 Can MBA provide me those missing skills ?
  (Leadership and Teamwork skills, Negotiation etc)
 School Specialized Learning's

 Can it give me Career Boost and ROI ?



   If yes then MBA is for you and start preparing…

                                                      4
TYPES OF MBA PROGRAMS
 Full Time MBA (2 years)
 One Year MBA (mostly in Europe)

 Executive MBA

 Online MBA

 Evening or Part Time MBA

 Global MBA




                                    5
ADMISSION PROCESS
 GMAT
 TOEFL or IELTS (Optional for few univs)
 Work Experience (Typically 5 years)
 Academics
 Extra Curricular
 Essays
 Recommendations
 Interviews
 Visa Approval


Time Consuming Process                     6
WHY SO LONG PROCESS ?
   Admission Committee Perspective
       Can the Student handle the academic coursework ?
       Why MBA for the candidate ?
       Why our college ?
       Fit for the school ?
       Finally, what does the student bring to the class ?




                                                              7
GMAT (GRADUATE MANAGEMENT ADMISSION TEST)

   CAT (Computer Adaptive Test)
   Total Exam is for a score of 800 (200-800)
   New Pattern in effect from June or July 2012
   Three Sections
       AWA(Analytical Writing Analysis) – Two Essays (Old pattern)
           Analysis of an Issue (30 mins)
           Analysis of an argument (30 mins)
           Scores between 0-6 with half pointer intervals
       Quantitative
           37 Questions – 75 minutes
           Scores are in the range of 0-60
           Highest score given is generally 51
           Data Sufficiency and Problem Solving Questions            8
   Verbal Section
         41 Questions – 75 minutes
         Scores are in the range of 0-60

         Highest score given is generally 51

         Reading Comprehension

         Sentence Correction

         Critical Reasoning




   Target score about 700+

   GMAT is very important especially for Indians

   Register for the test at mba.com                9
Great GMAT Score might not get you an Admit

       But Below Par GMAT Score can Eliminate
 you




                                                10
GMAT MATERIAL
 GMAT Official Guide is a MUST
 Official Guide 13 released recently

 Quant
     Prepare Official Guide 10,11,12,13
     Basic 10th Standard Math and Prepare CAT Quant
     Manhattan GMAT Quant is Very Good.


   Verbal
     Prepare all the official Guide Questions
     Analyze all the Questions and Answers
     Analyze the right and wrong answers.             11
     Prepare the OG Verbal Review of All Editions
   Sentence Correction
       Manhattan SC Guide is a MUST contains all the rules
   Reading Comprehension
     Practice,Practice,Practice
     Manhattan Reading Comprehension Book

     Aristotle is a good material

     Kaplan has very tough passages

     Speed Reading would be very helpful.

   Critical Reasoning
       Power Prep CR Bible covers all the question types.



                                                              12
PRACTICE TESTS
 Always write complete Tests along with AWA
 GMAT Prep and Power Prep are the replicas of
  GMAT
 Manhattan GMAT Exams are very good

 Kaplan is also good but Questions higher standard
  in Verbal
 Grockit - Online Practice

 Beat the GMAT,GMAT Club etc are good as well

 Practice 30 Sets,300 Quant Questions,SC,RC,CR
  etc..

   Start with a PRACTICE Test                        13
DO’S AND DON'TS OF GMAT
 Give yourself Time and Work on a Date
 Take the Exam date and start working
 Gather Material and Familiarize the pattern
 Practice is very important
 Target 700+
 Look at each School GMAT Requirements
 Make a Study Plan and Stick with it
 Don’t Forget the Timing
 Highest Score is Taken by 99% Schools


      Practice Tests with AWA                   14
TOEFL
 Some schools might ask for TOEFL
 Total of 120

 Reading - 30

 Speaking - 30

 Writing - 30

 Listening – 30



   100+ would be sufficient


                                     15
SCHOOL SELECTION CRITERIA
          MBA is a HUGE Investment of TIME and MONEY

   School Ranking
   Program Type
   Faculty
   Class Size
   Duration
   Degree Offered
   Course Structure
   Teaching Methodology
   Scholarship
   Cost ($100,000 to $160,000 Lakhs for 2 years)
   Community
   Location
   Placements
   Alumni Profile
                                                       16
IMPORTANT POINTS
   Think about why you applied to B-school in the first place
   What criteria did you use in determining which schools you applied to?
   How would you rank that criteria?
   How does each school hold up against that analysis?
   If you still can't decide, visit or reach out to current students/alums to gain some
    more perspective.
   What are the career potentials for that school ?
   Reputation of the school in the field that you want to specialize
   Location, location, location
   Admit rate for foreigners
   Student activities, especially chances for international travel and hands on exp
    (other than internships)
   Entrepreneurship Opportunities
   Flexible Curriculum
   Friendly to Young Applicants
   Class Profile
        Class Size
        Average Work Experience
        Mean GMAT Score
        Alumni Profile
        Average age of Entering Class
                                                                                           17
18
19
20
ESSAYS
 Every school typically has 2-4 essays
 Essays takes a lot of time and effort
 Give Sufficient time and Get started well before
 They are very Important part of your application
 Applications that stand out are ones that complete
  a good story
 Consistent story
     Why MBA ?
     Why now ?
     Why our program ?
       what you want to get out of the program ?
       What does you bring to the program ?           21
   Unique about you and why you’re a good fit for our school.
   Be Professional, know yourself and research the school
   Personalized stories are the ones that stand out.
   Editing Consultants could be very helpful
   Reach out to Alumni and Current students.
   Customize your Essays to the School Requirements
   Don’t be Generic
   Answer the question that was asked
   Top B-School Essays require a lot of time.
   Don’t try to be someone you are not
   Talk about your leadership activities, Extra Curricular

                                                                 22
    Finally, Be What You ARE and Build your Profile
RECOMMENDATIONS
 Choose people close to you rather than big names
  at your company
 Highlight different aspects of your leadership ability

 Don't be too modest

 Educate them if required

 Be Available for help as needed




                                                           23
24
INTERVIEWS
   Opportunity to Demonstrate yourself
   Discuss your goals, accomplishments, and reasons for
    seeking an MBA.
   Skype,Personal or Telephonic.
   Be Consistent with your essays.



                 SELL Yourself




                                                           25
CONCENTRATIONS
   Accounting
   Advertising
   Ecommerce
   Economics
   Entrepreneurship
   Finance
   General Business
   Hospitality Management
   Human Resources
   Information Systems Management
   International Business
   Marketing
   Non-Profit Management
   Operations Management
   Project Management
   Public Administration
   Public Relations
   Real Estate
   Sales Management                 26
   Supply Chain Management
CHOOSING CONCENTRATIONS
 Think about what you want to do with your business
  school education after you graduate.
 Make a list of potential business specializations

 Talk to people who work in your fields of interest

 Research potential employers

 Choose Specialized schools for your concentration




                                                       27
DEADLINES
   Take GMAT asap
       Don’t wait for deadlines (5 Years valid and Highest Score Taken)
   Admissions process can be rather extensive.
   Most Schools have admissions for FALL
   Some do have for Spring. FALL is always advisable
   Apply to your school of choice as soon as possible.
   Attend MBA Fairs and talk to people.
   Start Networking
   Most business schools
     either two or three application deadlines/rounds
     Applying in the first round will increase your chances of
      admission, because there are more empty spots available
     Internationals advisable by 2nd round.
     By the time the third round has commenced, many students have already
      been accepted, which lessens your chances considerably.
   How Many Schools to apply ?
       Typically 8-10 would be good with right mix of Safe, Reach and Dream   28
        Schools.
TOP SCHOOLS CLASS PROFILE
   Class Size varies on Schools
   Fees would be 50-80 Lakhs
   Acceptance Rate is around 10-30%
   Mean months of work experience : 58 months
   Median Age of entering classes : 27
   Median GMAT Score : 700
   Internationals in the class : 20-30%


    Diverse Work experience would be fetching


                                                 29
   http://www.mbadoodle.com   30
Questions ?




              31
THANK YOU




                     CONTACT:
            CHETHAN2K5@GMAIL.COM
                     9949066683
                                   32

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Mba Application Process

  • 1. WHAT IT TAKES FOR A MBA ABROAD 1 Chethan Mittapalli Babson College Class of 2014
  • 2. AGENDA  Why MBA ?  Types of MBA Programs  Admission Process  GMAT Preparation  GMAT Material  TOEFL  School Selection  AdCom’s Perspective  Concentrations  Do’s and Don'ts  Deadlines  Questions 2
  • 3. WHY MBA ?  Develop more Skills  Career Growth  Networking  Career Switchers  Company Sponsored  Just for an additional Degree  3
  • 4. DO I NEED A MBA ?  Analyze your background and skills  Post MBA Career Goals  Weaknesses or Missing Skills  Can MBA provide me those missing skills ? (Leadership and Teamwork skills, Negotiation etc)  School Specialized Learning's  Can it give me Career Boost and ROI ?  If yes then MBA is for you and start preparing… 4
  • 5. TYPES OF MBA PROGRAMS  Full Time MBA (2 years)  One Year MBA (mostly in Europe)  Executive MBA  Online MBA  Evening or Part Time MBA  Global MBA 5
  • 6. ADMISSION PROCESS  GMAT  TOEFL or IELTS (Optional for few univs)  Work Experience (Typically 5 years)  Academics  Extra Curricular  Essays  Recommendations  Interviews  Visa Approval Time Consuming Process  6
  • 7. WHY SO LONG PROCESS ?  Admission Committee Perspective  Can the Student handle the academic coursework ?  Why MBA for the candidate ?  Why our college ?  Fit for the school ?  Finally, what does the student bring to the class ? 7
  • 8. GMAT (GRADUATE MANAGEMENT ADMISSION TEST)  CAT (Computer Adaptive Test)  Total Exam is for a score of 800 (200-800)  New Pattern in effect from June or July 2012  Three Sections  AWA(Analytical Writing Analysis) – Two Essays (Old pattern)  Analysis of an Issue (30 mins)  Analysis of an argument (30 mins)  Scores between 0-6 with half pointer intervals  Quantitative  37 Questions – 75 minutes  Scores are in the range of 0-60  Highest score given is generally 51  Data Sufficiency and Problem Solving Questions 8
  • 9. Verbal Section  41 Questions – 75 minutes  Scores are in the range of 0-60  Highest score given is generally 51  Reading Comprehension  Sentence Correction  Critical Reasoning  Target score about 700+  GMAT is very important especially for Indians  Register for the test at mba.com 9
  • 10. Great GMAT Score might not get you an Admit But Below Par GMAT Score can Eliminate you 10
  • 11. GMAT MATERIAL  GMAT Official Guide is a MUST  Official Guide 13 released recently  Quant  Prepare Official Guide 10,11,12,13  Basic 10th Standard Math and Prepare CAT Quant  Manhattan GMAT Quant is Very Good.  Verbal  Prepare all the official Guide Questions  Analyze all the Questions and Answers  Analyze the right and wrong answers. 11  Prepare the OG Verbal Review of All Editions
  • 12. Sentence Correction  Manhattan SC Guide is a MUST contains all the rules  Reading Comprehension  Practice,Practice,Practice  Manhattan Reading Comprehension Book  Aristotle is a good material  Kaplan has very tough passages  Speed Reading would be very helpful.  Critical Reasoning  Power Prep CR Bible covers all the question types. 12
  • 13. PRACTICE TESTS  Always write complete Tests along with AWA  GMAT Prep and Power Prep are the replicas of GMAT  Manhattan GMAT Exams are very good  Kaplan is also good but Questions higher standard in Verbal  Grockit - Online Practice  Beat the GMAT,GMAT Club etc are good as well  Practice 30 Sets,300 Quant Questions,SC,RC,CR etc..  Start with a PRACTICE Test 13
  • 14. DO’S AND DON'TS OF GMAT  Give yourself Time and Work on a Date  Take the Exam date and start working  Gather Material and Familiarize the pattern  Practice is very important  Target 700+  Look at each School GMAT Requirements  Make a Study Plan and Stick with it  Don’t Forget the Timing  Highest Score is Taken by 99% Schools Practice Tests with AWA 14
  • 15. TOEFL  Some schools might ask for TOEFL  Total of 120  Reading - 30  Speaking - 30  Writing - 30  Listening – 30  100+ would be sufficient 15
  • 16. SCHOOL SELECTION CRITERIA MBA is a HUGE Investment of TIME and MONEY  School Ranking  Program Type  Faculty  Class Size  Duration  Degree Offered  Course Structure  Teaching Methodology  Scholarship  Cost ($100,000 to $160,000 Lakhs for 2 years)  Community  Location  Placements  Alumni Profile 16
  • 17. IMPORTANT POINTS  Think about why you applied to B-school in the first place  What criteria did you use in determining which schools you applied to?  How would you rank that criteria?  How does each school hold up against that analysis?  If you still can't decide, visit or reach out to current students/alums to gain some more perspective.  What are the career potentials for that school ?  Reputation of the school in the field that you want to specialize  Location, location, location  Admit rate for foreigners  Student activities, especially chances for international travel and hands on exp (other than internships)  Entrepreneurship Opportunities  Flexible Curriculum  Friendly to Young Applicants  Class Profile  Class Size  Average Work Experience  Mean GMAT Score  Alumni Profile  Average age of Entering Class 17
  • 18. 18
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  • 21. ESSAYS  Every school typically has 2-4 essays  Essays takes a lot of time and effort  Give Sufficient time and Get started well before  They are very Important part of your application  Applications that stand out are ones that complete a good story  Consistent story  Why MBA ?  Why now ?  Why our program ?  what you want to get out of the program ?  What does you bring to the program ? 21
  • 22. Unique about you and why you’re a good fit for our school.  Be Professional, know yourself and research the school  Personalized stories are the ones that stand out.  Editing Consultants could be very helpful  Reach out to Alumni and Current students.  Customize your Essays to the School Requirements  Don’t be Generic  Answer the question that was asked  Top B-School Essays require a lot of time.  Don’t try to be someone you are not  Talk about your leadership activities, Extra Curricular 22 Finally, Be What You ARE and Build your Profile
  • 23. RECOMMENDATIONS  Choose people close to you rather than big names at your company  Highlight different aspects of your leadership ability  Don't be too modest  Educate them if required  Be Available for help as needed 23
  • 24. 24
  • 25. INTERVIEWS  Opportunity to Demonstrate yourself  Discuss your goals, accomplishments, and reasons for seeking an MBA.  Skype,Personal or Telephonic.  Be Consistent with your essays. SELL Yourself 25
  • 26. CONCENTRATIONS  Accounting  Advertising  Ecommerce  Economics  Entrepreneurship  Finance  General Business  Hospitality Management  Human Resources  Information Systems Management  International Business  Marketing  Non-Profit Management  Operations Management  Project Management  Public Administration  Public Relations  Real Estate  Sales Management 26  Supply Chain Management
  • 27. CHOOSING CONCENTRATIONS  Think about what you want to do with your business school education after you graduate.  Make a list of potential business specializations  Talk to people who work in your fields of interest  Research potential employers  Choose Specialized schools for your concentration 27
  • 28. DEADLINES  Take GMAT asap  Don’t wait for deadlines (5 Years valid and Highest Score Taken)  Admissions process can be rather extensive.  Most Schools have admissions for FALL  Some do have for Spring. FALL is always advisable  Apply to your school of choice as soon as possible.  Attend MBA Fairs and talk to people.  Start Networking  Most business schools  either two or three application deadlines/rounds  Applying in the first round will increase your chances of admission, because there are more empty spots available  Internationals advisable by 2nd round.  By the time the third round has commenced, many students have already been accepted, which lessens your chances considerably.  How Many Schools to apply ?  Typically 8-10 would be good with right mix of Safe, Reach and Dream 28 Schools.
  • 29. TOP SCHOOLS CLASS PROFILE  Class Size varies on Schools  Fees would be 50-80 Lakhs  Acceptance Rate is around 10-30%  Mean months of work experience : 58 months  Median Age of entering classes : 27  Median GMAT Score : 700  Internationals in the class : 20-30% Diverse Work experience would be fetching 29
  • 30. http://www.mbadoodle.com 30
  • 32. THANK YOU CONTACT: CHETHAN2K5@GMAIL.COM 9949066683 32