Looking to unlock the good life by going to business school? Best to stay on top of the current MBA news. Check out some of the latest headlines, recaps, and studies about the MBA admissions process from media outlets across the country.
From parents of prospective MBAs having to foot more of their kids’ tuition bills, to a proliferation of GRE applications being submitted instead of GMAT applications, it’s been a busy few weeks. Here are some highlights in this month’s MBA news:
A new study finds that aspiring MBA applicants are increasingly planning to turn to their parents to help finance their education. Note the small gender gap. Women, who generally enter the MBA admissions process at a younger age and with less financial means, are more likely to have their parents involved in the financial aid equation than men are. (The Wall Street Journal)
Mentors can … Read full post
Jeff Gibbard never had a problem with creativity. But in order to unlock the good life by getting his social business agency off the ground, he needed to give himself a left-brain advantage to get into his top business schools. After studying for the GMAT with Kaplan, he got a scholarship to Drexel’s fast-track MBA program and eventually founded his own social business agency.
Learn how he did it in this Kaplan Q&A with Gibbard.
Q: Why did you decide to get an MBA?
A: My undergrad degree was in film and media arts. During my studies, I explored other creative outlets, such as photography, graphic design, and basic web development. I tried to start a few businesses, and it quickly became very clear that, in order to reach my full potential, I needed a business education.
Q: So after you decided to go for an MBA, what was … Read full post
Since 2001, more than one million military veterans have been returning from Afghanistan and Iraq only to face high unemployment rates and a poor job outlook, so it’s no surprise that veterans are turning to higher education—including business school—when they return from military service.
Veteran applicants are highly sought in business schools, because the qualities that carry you through the military also make you successful in your business school education and career.
So follow our tips for getting into business school by presenting your military service application the right way.
Why business schools love veterans
“Military candidates are already leaders, and they have had significant experiences in team building, leading under pressure, and performing in stressful situations…. These are invaluable skills in the MBA classroom and … Read full post
If you’re about to start studying for the GMAT, your life is going to undergo some temporary changes. Odds are, your professors, parents, and peers have already started giving you some study tips to coach you through the two to three months of recommended GMAT prep you’ll need.
You’ve probably thought about some of the adjustments you’re going to have to make to your schedule and your lifestyle: adding a study session every day, scaling back on social plans, lugging around books, and spending lots of time on your cell phone—not texting, but playing with a GMAT app.
Of course, prep is important, but staying focused and keeping healthy while studying for the GMAT is just as crucial. How much change to your everyday life is too much? Where do you draw the line?
Staying focused during your GMAT prep
Has this ever happened to you? You’re driving … Read full post
Future MBAs have a lot to keep track of when applying to business school, so we’re here to provide some straight talk on the issue of admissions rounds for business school—namely, whether applying in round one, round two, or round three is best for your particular strengths.
Many MBA admissions officers will tell candidates that if they can submit their applications in round one—or at least avoid round three—they should do so, the logic being that most of the spots in the class will be filled by strong applicants by the time round three comes along.
But there are no absolute rules for when to apply; it is dependent upon the strength of the business school candidate. Before applying, every candidate should think about which round is best for him or her as an individual. Inevitably, there are two common questions that crop up during the MBA admissions process…. Read full post
It’s never too early to start putting together your MBA application. While you’re gathering your materials, it’s a good time to take stock of your progress and determine your next steps. Where are you in the process now? Where would you like to be next week, next month? We’ve put together some tips to get you going!
Before you apply to business school
Start at the beginning with the bigger questions before focusing on specifics like taking the GMAT and writing your personal essay.
- Determined your business school application timeline and which round of admissions best fits your strengths?
- Selected the MBA programs you’re targeting?
- Figured out how you’ll finance your MBA?
- Prepared for the GMAT by taking the Kaplan 20-Minute Workout
Did you know that most business schools process MBA applications in rounds? What does that mean for you? Well, for most schools, it means that there are three separate application deadlines—or rounds—of processing. How does this play into your business school admissions strategy?
Round one: application deadlines in September—October
Round one sees some of the best MBA applications. Those who apply in the fall are often candidates with good grades, solid work experience, and high levels of organization in their activities. If you are a strong MBA candidate, it is probably a good idea to apply in round one. Submit in the earliest round possible provided you don’t compromise the quality of your application.
Not to suggest you should postpone the process unnecessarily, even if you are not the most well-rounded candidate. If your GMAT scores are above 600, the early deadline is the one for you. In … Read full post
Making time to effectively boost your GMAT skills can be challenging enough without the added headache of lugging a tower of books around with you every day. There are faster, easier, and less physically demanding ways to kick off your GMAT preparation.
Build your GMAT skills before Test Day: Download our free app!
Even if you’re new to Kaplan Test Prep, you can still get started by downloading the 50-card flashcard version of our GMAT app for free on Android and iPhone. Kaplan students, you can use your account login to access the full 500-card version—exclusive for Kaplan’s GMAT course students and registered purchasers of Kaplan’s GMAT Flashcards + App set.
These cards will help raise your score by improving your GMAT skills, and you can practice with them anytime, anywhere. Track your progress as you review the essential topics covered on the Quantitative, Verbal, Analytical Writing, and Integrated … Read full post
Megalomaniac; madman; murderer … not necessarily the type of character you want to brag about emulating—even if what you’re talking about is his singular work ethic and fervor for competition.
So when I say that Daniel Plainview—the role portrayed by Daniel Day Lewis in the 2007 Paul Thomas Anderson film, There Will be Blood—is the fictional character who best represents my work ethic in launching my own MBA consulting firm to help students secure spots in top MBA schools and programs, I am not referring to these massive character flaws.
In fact, I strive to embody traits that run counter to Plainview’s; I try to be deferential, ethical, calm, fair, and generous in my business dealings. And unlike Plainview, I do not view business as a zero-sum game. Like him, however, I try to be the most aggressive competitor I can be— tirelessly working to … Read full post
By Megan Weyrauch on September 9, 2013
It’s 3 a.m. and you’re still studying. Sweaty fingers turn the pages of your textbook as your heart tries to bust out of its chest-jail. In a daze, you scan the same dull paragraph four times before you realize that you aren’t actually reading the text. Your head is pounding and you cannot concentrate as you count down the final hours, minutes and then seconds until you need to be relaying your knowledge on paper.
You’re stressed from studying, buddy.
Stress is “a normal physical response to events that make you feel threatened or upset your balance in some way.” When you sense danger, your body goes into “fight-or-flight” reaction mode in order to protect you. This is great for … Read full post