Two friends took a hiking trip together in a dense forest. One day, after marching through the forest, they were stopped in their tracks. A bear jumped out of a bush and started chasing them. Both friends started running for their lives, but then one of them stopped to put on his running shoes. His friend said, “What are you doing? You can’t outrun a bear!” His friend replied, “I don’t have to outrun the bear; I only have to outrun you!”
ApplyMBA Blog | MBA Admissions Help
Which MBA schools should you apply to, if you want to make a career in management consulting? Consulting is one of the most popular professions that MBA graduates pursue – and for good reasons. The profession is among the highest paid, most diverse and offers the opportunity for lots of responsibility and chance to quickly learn about the business world right out of the business school.
Invited to interview at your dream school? Congrats!
But remember, this is only the beginning! All of your hard work on the applications, essays and GMAT may have gotten you this far, but don’t rest on your laurels! The interview is one of the most important parts of the process and one that I have seen far too many under estimate and under prepare for. Don’tmake this same mistake. Read our tips and set up a mock interview with us for help!
Here are a few general tips to keep in mind!
There has been a great increase in the number of MBA applications yearly and for you to be successful, it entails a period of significant planning. Students who have successfully entered business schools usually take about a year or a minimum of 6 months of planning for a successful application process. Below are some steps you need to take in order to prepare for a successful MBA application.
The Kellogg School of Management offers the MMM program that is an immersive program that gives students a rigorous business education integrated with a strong foundation in design innovation. The MMM program is actually a two-year dual degree program that awards a MBA and a MDI (M.S in Design Innovation) degree. The MDI replaces the MEM degree that was done within the MMM program. The M.S in Design Innovation is issued by the Segal Design Institute at the McCormick School of Engineering and Applied Science.
We all know that an MBA program is not that cheap, especially those from ivy league schools. If you thought that fees and living expenses mentioned in the school websites were high enough, brace yourselves because for many, the actual price of graduate school is much higher than what is looks at the outset. In addition to the tuition, there are many other hidden costs that are not shown in your acceptance letter that could add to your overall expense during the course of the program.
Salary negotiation can be very beneficial to all MBA graduates. Statistics show that about 8 out of 10 recruiters are actually willing to accept negotiation of salary and benefits with applicants, but only about 33% of applicants find it comfortable to do so. MBA graduates need to be aware of this and know how to approach this process. Though situation of each person may be unique, there are some general strategies, principles and tactics that help graduates address issues faced in negotiating with employers.
Kristin Roth: Associate Director of Admissions, Dartmouth Tuck
Scott Edinburgh: Founder, Personal MBA Coach
Kristin Roth from Dartmouth Tuck was generous enough to answer a number of questions that I know many applicants have about Tuck and the admissions process. See below for a detailed transcript.
Personal MBA Coach: How did you first get involved in admissions?