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The Truth About MBA Applications in R3

February 26, 2015 by

Still considering applying to business school programs for the fall of 2015? Have questions about your chances at top schools in the third round (R3) of MBA applications? Are you worried that all hope for business school admissions and scholarships is lost?

We’re here to tell you that t’s not. Check out the answers to some of the most frequently asked questions about R3 in the MBA admissions process.

Question: Conventional wisdom says that the top MBA programs admit almost all of their incoming class in the first two rounds. Is it worth it to apply when there are so few spaces left?

Answer: Look at it this way. Yes, your chances of gaining fall admission to a top MBA program—a top-10 or even top-40—if you apply in R3 is low, but your chances of gaining fall admission to those top MBA programs if you don’t apply … Read full post

MBAs for Music Industry Managers: Your Dream School Experience

February 19, 2015 by

You use only the highest quality headphones, you’re the go-to friend for new music recommendations, and you have a curated playlist for every occasion. Music is in your blood … and you’re going to business school. An MBA could be your ticket to a lucrative career in the music industry.

For the next two years or so, most of your time will be devoted to group projects and case studies. Still, business school should be one of the most exciting times of your life, so you should think about spending those two years—and possibly more—in a location that will allow you to complete your studies and still find time to enjoy new bands, live music, and all that the music industry has to offer.

Why not live in the heart of a thriving music scene while you attend business school and think about where you should start your career as … Read full post

Easy GMAT Math Concepts You Can Learn by Heart

February 17, 2015 by

There is  more than one way to solve almost every GMAT math problem you will encounter on the exam. On most problems, you have a choice. You can either:

On GMAT number property questions, knowledge of the properties themselves will often allow you to solve without having to do time-consuming math. These number properties fall into three commonly-tested categories. Get familiar with these categories and practice the skills needed for the GMAT so you can boost your score on GMAT Test Day.

Integers and non-integers

An integer is any whole number: positive, negative, or zero. If you add, subtract, or multiply two integers together, the result will always be an integer. However, if you divide two integers, the result may or may not be an integer.

Even and odd numbers

An even number is … Read full post

Boost Your GMAT Score the Second Time Around: MBA News

February 12, 2015 by

From raising your GMAT score by finding out where you went wrong the first time, to Harvard Business School looking for more students from Japan, there’s lots to share in recent MBA news.

A new way to raise your GMAT score

No one wants to take the GMAT more than once, but if you end up not doing as well as you would have liked, GMAT testmaker the Graduate Management Admissions Council (GMAC) now offers a new tool that may help you raise your GMAT score the second time around. For $25, you can receive a detailed report about your GMAT score and overall performance on your first exam. This will give you a better idea of the areas you need to focus on in your GMAT prep for your second go. (Poets & Quants)

MBA programs weigh in on admissions essays

Kaplan’s 2014 business school admissions officers surveyRead full post

Make the Most of Your GMAT Practice Test

February 10, 2015 by

As Kaplan instructors, we’ve seen it hundreds of times: a student diligently takes a GMAT practice test once—sometimes twice—per week while studying for the GMAT and finds him or herself tripping up on the same issues every time. Not the same broad content areas, like geometry or sentence correction, but the same specific tricks, like the side ratios of 30-60-90 triangles or the application of the past perfect tense.

There is a simple prescription for this ailment: read the explanations on your practice exams!

Use GMAT practice test explanations to raise your score

The explanations given along with each sample GMAT question in your test prep material contain the most useful lessons and the most explicit feedback in the battery of information that results from a GMAT practice test. Being able to see how every single question can be solved in the most accurate and timely way is an … Read full post

Tackling GMAT Data Sufficiency Questions

February 5, 2015 by

For many students studying for the GMAT, the dreaded data sufficiency questions can be a source of consternation. When you really think about it, though, the data sufficiency questions offer one advantage in that they all have the same answer choices. One of the first steps toward success on the GMAT quantitative section is to learn and internalize these answer choices, but you can also learn this great method for eliminating wrong answer choices by determining the applicability of each statement.

GMAT Data Sufficiency Foundations

In case you haven’t committed them to memory yet, here are those familiar choices:

  • (A) Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient to answer the question asked.
  • (B) Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient to answer the question asked.
  • (C) BOTH statements (1) and (2) TOGETHER are sufficient to answer the question asked,
  • Read full post

Top MBA Jobs in Entertainment

February 3, 2015 by

In October, teams of gamers battled it out at the Riot Games’ League of Legends World Championships in Seoul in front of a live audience of 40,000 people for a top prize of one million dollars. A few months before, another group of teams competed at Valve’s Dota 2 Tournament, The International 4, before 17,000 fans, for an incredible eleven million dollar prize pool. To think that your mother used to say you were wasting your time playing video games!

It’s clear that gaming is on the rise, with growth in the industry as much as four times greater than in the rest of the economy in 2012. According to the firm DFC, by 2018, the game software market is projected to hit 100 billion dollars.

If you’re a gamer, the good news for you is that having a top MBA degree from a top business schoolRead full post

What is your Business School Social Scene?

January 30, 2015 by

You’ve heard a lot about taking the GMAT, applying to MBA programs, and structuring your business school education, but maybe you haven’t heard—or even thought—so much about the business school social scene.

This depends, of course, on the kind of social animal you are, as well as the kind of social scenes out there in the business school culture. Do you work hard and play hard, living every day to its fullest and every night to its dawn, attending (or throwing!) outrageous theme parties?

Or do you enjoy a subtler existence, your idea of a good time going out to dinner with a handful of close friends who can simultaneously challenge and support one another? Maybe you’re the networking type, or maybe you just want to bunker down, focus hard on earning your MBA, and possibly find time for a sweetheart?

Whatever your social lifestyle preference, there’s a … Read full post

The Truth Behind MBA Application Essays, and Tips to Improve Yours

January 29, 2015 by

Kaplan annual survey of admissions officers from business schools, graduate schools, law schools, medical schools, and colleges across the nation is in, and we’ve got the newly released findings about the trends and practices that will help you navigate business school admissions and get into those elite MBA programs. The hot topic of 2014’s survey, reflecting trends that will continue into 2015? Business schools slashing the number of application essays they require, or the word count therein.

While it’s true that some of the most competitive programs like Harvard, Stanford, Yale, and Wharton have instituted some version of the application essay slash, Kaplan’s research has found that the practice might not live up to the popularity its high-profile frontrunners have bestowed upon it. Only 13% of the more than 200 business schools that participated in our survey say they have cut the number of essays or words … Read full post

MBA Scholarships: Get in on the Action

January 27, 2015 by

From a boatload of available scholarship money for MBA students, to the most “annoying” admissions essays, let’s dig into the latest in MBA news:

Show me the MBA scholarships

If you’re reading this, you’re a step ahead of your aspiring business school peers—for more reasons than one. There’s a whole lot of money lurking out there in the form of MBA scholarships available to aspiring business school students, but many of those future matriculants think of financial aid as the recourse of the undergrad.

False! In fact, the 10 business schools that spend the most on MBA scholarships are awarding students more than $150 million per year. Now all you have to do is get in on the action. (Poets & Quants)

 MIT admissions essay voted “most annoying”

We all know that business school application essays can be challenging and time-consuming, but some MBA admissions consultants have recently … Read full post

 

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