17/04/2020 by mbaprepcoach 0 Comments
MBA Program Research – A Complete Guide
HAVE A PLAN
Hopefully you are nearing the of this research process, but if experience serves, many of you are just beginning.Have a focus. Don’t just walk into the process waiting for something to jump out at you. This is a bit like going into the grocery store without a list. You forget about why you went in there and walk out with everything that seemed cool and interesting at the time. Yet nothing to make for dinner.
You Now + MBA = Goal
Think about what needs to happen in B-school for you to become a viable candidate for your post-MBA career goal. Let that sink in. You now + MBA transformation = You + post-MBA job. What do you need to get done? That might mean learning a 2nd language, mastering a specific industry, or getting people leadership experience under your belt.
THE FIT FACTOR
Once you have done the networking and research on your career goal, and evaluated what you need to get out of b-school to get there – think about what you need out of business school. FIT is paramount. Yes, fit means finding the recruiters you want to talk with at the school but applicants grossly underestimate the importance of fit in other ways. Six years after obtaining my MBA I went to work for Wells Fargo corporate marketing and everyone thought it was such a great job. I left a job where I was happy leading large team, for more money and the illusion that I would be happier working for a hot, elite company. However, this was against my own inner guidance. Also, I reflected upon the words of a corporate recruiter who said the Wells Fargo culture would be way uptight and stifling for me.
“BRAND” won’t make you HAPPY
I am someone with a high need for individual expression, but Wells Fargo recycles a very regimented, lock-step marketing calendar year after year. I had to tiptoe around corporate leadership – as was asked to cater to them as if I was an inferior being. The job was more about rules than creativity and when I explored other jobs within the company, it was more of the same. To sum it up: I was miserable. And the only person dressed up for Halloween. Rankings are nothing more than journalistic fodder. Review employment stats and alumni placements. Take a close look at instruction type. What works best for you? What is the feeling you get when you’re on campus? Or when you watch student-created You Tube videos? Pay attention to that. Do you feel a sense of expansion or contraction? What commonalities do you notice among alumni that you speak with? Do they all seem serious, playful, creative or formal? Spend time learning about your values and choose in accordance with those make sure you are happy and successful in b-school.
THE HOW PIECE
Getting down to the nuts and bolts. I personally find it unimaginable to pick a b-school site unseen, this is a lifetime affiliation, and that is like getting married at first sight. I urge you to make the campus visits happen. However, if you are living in the middle of Zambia, like one of my clients, it might not be an option. I would encourage you to take full advantage of social media, You Tube in particular. Locate the student-produced videos that give you a snapshot of what it feels like to be there. School culture varies widely. Most student-run organizations have a Facebook presence; reach out, take an interest. Set up a “school research” email and sign up for school newsletters, You Tube videos, etc. Connect with alums on Linked In. Find out what you need to learn to position yourself for that ideal job. Some schools actually have formal networking opportunities. For example, in the summertime, you can reach out to speak with Haas MBA students who are completing their summer internships. Which brings me to an important point – sign up for online admissions events as much as possible, and any in-person events in the city where you currently live.So in a nutshell: Admissions events, in person and online. Alumni interviewing. You Tube. Facebook. School newsletters. Linked In. Campus visits if at all possible.
USING WHAT YOU’VE GATHERED
Now, what to do with this research? Well, once you’ve shortlisted schools, look for activities that will help you become a strong, viable candidate for your post-MBA goal. Strategically identify the activities best suited to bring about the +MBA transformation for you. As for the applications. Go more deep than wide. Discuss a few things in depth in your applications rather than packing in a bunch of random crap. I’ve read hundreds of essays and believe me, discussing a dozen clubs you plan to start on campus in a 500-word essay makes you look like an unrealistic idiot. You will have to spread your time between classes, recruitment, networking, clubs, externships, mentorship, speaking events, the list goes on. Take note of the fact that nothing irritates the adcom more than having to read essay after essay, regurgitating the course catalog or a list of student organizations. They know. They are aware. You want to mention these but only after giving them CONTEXT – meaning – your GOAL. Please remain steadfast in your awareness that they are READING THE APPLICATION TO LEARN ABOUT YOU. Not learn about the school or it’s offerings. Good essays are personal, and specific.
THIS IS A PITCH
My advice would be for you to research schools the way you would research a business plan, because it’s really quite the same! The business of YOU is in full-swing, which assets do you need to build? Remember that the schools are investing dollars in you, so your goal is to look like an investible opportunity. It’s Shark Tank and the product you are pitching is you. Showing that you’ve done your homework will help you develop a consistent, solid plan to present. The goal is to inspire adcom to give you a seat, because you would leverage the opportunity and make good use of their money. You would be a great addition to their community and reflect well on the program. Good luck to all of you, wishing you a transformational MBA journey.
I am a MBA admissions consultant who works with clients worldwide. I help both full time and EMBA leaders get into top business schools. Schedule a profile review with me to see if we would make a good team. My goal is to help you create your best applications, get into your dream business school and pursue a career that excites you.