Seven Ways to Prepare for 2019–2020 MBA Admissions - mbaMission's Guide

 

At mbaMission, we have been helping aspiring MBAs apply to their dream schools for more than a decade, and year after year, we have seen the beginning of the application season come earlier and earlier. Although we always preach the value of getting to work early on your applications, this steadily creeping start date makes getting a jump on things even more of a priority each year. In only about 60 days, the schools will begin releasing their 2019–2020 essay prompts, and in 200 days, Round 1 applications will be due. But do not panic! Here are some simple steps you can take now to ensure you are ready to hit the ground running when the programs release their questions and have positioned yourself as the best applicant you can be when that first deadline comes around.

 

 

1.    Choose Your Standardized Test: Although the GRE and GMAT are now essentially equal in the eyes of virtually all admissions officers, they should not be equal in yours. Why not? Some MBA ranking systems factor a school’s average GMAT score into their final assessment, but not its average GRE. So, if you are convinced that no matter how hard you try, you will score below average on the GMAT, consider taking the GRE instead. If you are ultimately right and do not perform all that well, the schools may be less concerned about your score’s impact on their averages. If you believe you will do well on the GMAT, then take it—the programs are always happy to see applicants who can lift their averages and potentially improve their rankings. (Note: this is not to say that you will be accepted to your target school with a low GRE score, merely that you may have a slightly better shot than with a low GMAT score.)

 

 

2.    Start Studying for Your Chosen Exam: Of course, studying for the GMAT or GRE is much harder than just choosing one or the other. Our partners at Manhattan Prep suggest that if you intend to take a preparatory course, you should allot three months for the entire process—nine weeks for the class and an additional month of study after. This means that if you started today, you would take the test in early April, and if you anticipate needing to take the exam more than once, your schedule may extend into May or even June. As I mentioned earlier, some MBA programs release their essay questions as early as May, so unless you want to be managing your work, social life, studying, community activities, and essays simultaneously, your test prep needs to start today.

 

 

3.    Visit Your Target Schools: We created our series of mbaMission Insider’s Guides to the top business schools to help candidates better understand what the different programs have to offer, and although they are incredible resources, nothing beats actually visiting a school. Did you know that if you do not visit your target program in the next few months, you will not have another opportunity to do so before the Round 1 application deadlines? Many class visit programs do not begin until mid-October, and most first-round deadlines are in September or early October. Visiting your target schools can help you respond in a more informed and personal way to each one’s essay prompts and interview questions, not to mention that as a consumer, you should educate yourself as much as possible about this major investment. Seeing the environment firsthand can be a valuable part of that process.

 

 

4.    Build Your Community Profile: Did you stop participating in community activities after you graduated college? If not, continue your volunteer efforts throughout the coming months, because this is a rich and important facet of your MBA profile. If so, you thankfully still have time to develop this part of your candidacy. You may run some risk of appearing as though you simply signed up for some volunteer work and punched the clock until August, but if you focus on making a significant impact on an individual or organization between now and application day, no admissions officer will discount your contribution or results simply because they occurred within months of the application deadline. In short, if your participation is sincere and positively influenced a person or organization, the experience can help you in your MBA efforts.

 

 

5.    Bolster Your Personal Profile: Many applicants think the admissions committees are not interested in their personal lives, when in fact, they are actually quite eager to get to know you in a holistic way—and this includes your accomplishments outside the workplace. Take this time to delve even more deeply into any hobbies or passions you have, and try to put some weight behind them and validate your talents. For example, if you are an amateur photographer and have been wanting to have an exhibit of your prints, take the necessary steps to make that happen in the short term. (And be assured that it does not need to be at the Museum of Modern Art—a local café is fine.) We are not saying that you should suddenly try to learn a new skill or master an unfamiliar hobby, but if you already have a passion to which you can make an extra commitment now, go for it!

 

 

6.    Take Supplemental Classes: Perhaps you were a strong undergrad student but took mostly nonquantitative subjects. Or maybe you have a weak overall record and need to show some academic maturity. Or you generally did well in your past studies, but your weakest grades were all in quantitative subjects. If any of these statements apply to you, consider addressing this weak spot in your profile by taking a course in a quantitative subject now and making sure to earn an A grade (at least an A-). By taking an introductory class in statistics, calculus, economics, accounting, or finance—or preferably, two such classes—you could assuage any concerns the admissions committee might have about your ability to handle the quantitative workload that awaits you in business school. Keep in mind, however, that these decisions are case specific and can also involve other factors, including your GMAT/GRE performance and any designations you may or may not have achieved, such as the CFA charter. A good, inexpensive way to start a class is through a MOOC (massive open online course) offered by a prominent business school.

 

 

7.    Develop Your Career Goals: Most schools still ask applicants to discuss their post-MBA short- and long-term goals, but beyond just having a goal, you need to have a credible goal. Now is the time to thoughtfully and comprehensively consider your professional aspirations, if you have not already done so. Contact individuals in your target industries or positions for informational interviews, and consider job shadowing one or two. In short, educate yourself well about your target field or role (our mbaMission career primers are a great place to start!), and determine as definitively as possible what appeals to you about your choice and why it is the right one for you. This will position you to present your goals in a credible and convincing manner. Very simply, if an admissions committee does not believe that you understand and can achieve the aims you have set for yourself, it will not admit you. But if your target school can clearly perceive your excitement about your goals and feels assured that you will actualize them, you will be a step ahead of your fellow applicants—and every step matters in this competitive process.

 

 

Jeremy Shinewald is the founder and president of mbaMission, the leading MBA admissions consulting firm, which has helped thousands of applicants worldwide get into their target business schools. Interested in working with mbaMission on your MBA applications? Sign up for a free, 30-minute consultation at www.mbamission.com/consult and select "MastersAvenue".

 

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