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... have corporate work experience to get into a top MBA Program. ... Ready-For-Finance. The Robert Toigo Foundation. Consortium for Graduate Study in Management ...
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Welcome to today’s Ask The Expert Event Navigating the MBA Application Process We’ll be starting shortly… 2
We’ll be starting shortly…in the meantime… here are some helpful hints Business School Myths& Realities Myth: You have to take business classes before going to business school. REALITY: MBA courses are tailored for both people who have taken previous business courses and for those with no previous business classes. Myth: You must have corporate work experience to get into a top MBA Program. REALITY: Business schools seek a variety of backgrounds to enhance the learning experience such as artists, engineers, teachers, military personnel, etc. Myth: Business school is too expensive. REALITY: There are numerous sources of funding including scholarships and low interest loans. Business school is an investment that yields lifelong benefits. 3
Jevelyn Bonner-Reed Ready-For-Finance Career Coach Kellogg School of Management - Former Admissions Officer Ten School Diversity Alliance, Co-founder BS, Michigan State University MBA, Haas School of Business Sergio Sotolongo Student Funding Group, LLC Founder, Chairman & CEO Goldman, Sachs & Co.Former Managing Director Executive Leadership Council BA, Princeton MBA, Adelphi University
agenda Highlight the Benefits of Graduate Management Education Discuss how Admissions officers Assess qualifications And the value of the MBA Offer a forum for You to ask questions Review how to Navigate the MBA Admissions Process Polls and Questions Closing Q & A Good luck on Your Application Process! 6
Quick Poll Are you a college student or a college graduate? 7
Quick Poll What is Your Undergraduate Major? 8
The MBA is…. • A Masters in Business Administration • A Flexible Degree - Available to All Undergraduate Majors • Designed to teach you the fundamentals of General Management • Global business and leadership training 9
The benefits include…. • Expand Business Knowledge • Career Exploration/Change • Credibility/Marketability/Flexibility • Increase Earning Potential • Global Access & Network • Leadership & Management Development • Opportunity for Joint Degree 10
The value of the MBA…. aggressively appreciates over time! 11
Post MBA Careers • Investment Associate • Senior Investment Officer-Real Estate • Alternative Investments Analyst • Senior Quantitative Analyst • Investor Relations Vice President • Vice President- Global Mergers & Acquisitions • Managing Director 12
Q & A 13
The MBA Admissions Process Admissions Officers look for …. • Academic Ability • Demonstrated Career & Leadership Potential • Diversity of thought and experiences 14
The MBA Admissions Process And assess this by reviewing your…. • Transcript & GMAT Results • Work Experience • Extracurricular Activities 15
The MBA Admissions Process Your admissions package includes…. • Application Form • Essays • Letters of recommendation • Interview 16
Self-Reflection Key Questions • What are your short-term career goals? • What are your long-term career goals? • Why do you want an MBA? • What do you have to contribute to the MBA experience? 17
MBA Application Steps Undergraduate Students: • Perform well in school • Explore different careers • Take classes that challenge you • Participate in extracurricular activities • Gain leadership experience • Complete summer internships(s) • Take the GMAT your senior year • Gain relevant work experience 18
MBA Application Steps Young Professionals: • Network with MBAs • Stay active outside of work • Study & take the GMAT • Visit schools • Update your resume • Meet with recommenders • Write several drafts of essays • Prepare for your interviews 19
Resources & Organizations • Ready-For-Finance • The Robert Toigo Foundation • Consortium for Graduate Study in Management • The Forte Foundation • Ten School Diversity Alliance • Management Leadership for Tomorrow • National Black MBA Association • National Society of Hispanic MBAs 20
Q & A 22