Tag Archives: mba

Virtual all-day online conference for MBA aspirants: hosted by beatthegmat.com

Beat The GMAT is hosting a full-day free conference for “beating GMAT & Beyond” on 7th July, Wednesday.
This conference will be streaming in real-time. And you can attend it virtually from anywhere, online.   You can ask questions to the speakers live by tweeting your questions with the #beatthegmat hashtag.
I’m not sure whether they’d broadcast it and live-stream it online (via webcam?) but I think they should.
Shout out to all those living in San Francisco/bay area especially near San Mateo, you can attend the conference in person, it’s free seminars, free consulting/advice, free opportunity to network & make new friends & of course free lunch. So dont miss this event. Click here to RSVP and attend the conference in person.
The event is arranged in progressive order, first you’ve GMAT prep tip and tricks, GMAT strategies, then applying to b-schools strategy covering most important aspect ie. ‘admission essays’. Then in afternoon, a story of a successful applicant and finally a glimpse of how it feels to be an MBA alum. All in one day free of cost! it’s a complete package that only a foolish can miss.

Here’s the detailed all day agenda for the conference:

July 7, 2010 (All timing mentioned are PST Pacific standard time)

Welcome & Introduction to the Conference
8:45 AM – 9:00 AM
Speakers: Eric Bahn, Beat The GMAT; Hansoo Lee, Magoosh.com
GMAT Seminar: Brent’s Favorite Tips and Tricks for the GMAT
9:00 AM – 9:45 AM
Speaker: Brent Hanneson, Leap Education
The Art of a Gripping MBA Goals Essay
10:00 AM – 10:45 AM
Speaker: Cindy Tokumitsu, Accepted.com
Break
11:00 AM – 12:00 PM

How I Got Accepted – Q&A with Class of 2012 MBA Admits
12:00 PM – 12:45 PM
Speakers: Cara Delzer, Stanford GSB; Charles Shieh, MIT Sloan
Two Critical Steps to Admissions Success: Approaching Essays and Conducting Effective School Research
1:00 PM – 1:45 PM
Speaker: Stacey Oyler, Clear Admit
From HBS to Yelp.com – My Career Since B-School
2:00 PM – 2:45 PM
Speakers: Wendy Lim, HBS Class of 2006
Closing Comments
3:00 PM – 3:15 PM
Speakers: Eric Bahn, Hansoo Lee

gmat books reviews available now

This blog post about recommended books was long overdue, I have been asked about books and material several times by GMAT students, so I thought, I should write a special article exclusively for it.
That page, for GMAT books recommendations and review is finally up; (yep, the same page you can access through nav bar above!!) Still there’re some more books I should review. I will do it once I get more time for this. Thanks for the patience.
I’d also write review for beyong GMAT phase (that is MBA admission, b-school research & life at b schools phase) There’re plenty of books out there which are worth reading even if you’re still at GMAT prep phase.

Stay tuned for more reviews 😉

Scholarships & Financial aid for MBA studies

These days I am looking out for all scholarships fellowship and financial aid for MBA studies. As promised earlier I’ll make it available for public & probably host it on beat The GMAT Forums or on del.icio.us.

I checked delicious bookmarking tool after quite long time & I am surprised to see the new looks of the site. It’s revamped.

I will check all b-schools website, all blogs. admission consultants blogs, MBA related forums scholarship forums I will gulp whatever information I get. & compile a list of various scholarship fellowship or financial aids available for MBA studies.

Each & all links will be hand-picked. I’ll also a small review about the scholarship or whatever on offering. I think to do this delicious is the best & effective tool. Stay tuned & keep eye on MBA scholarship bookmarks link. haha, right now I have just added my couple of blogs for testing. Soon the it’ll be flooding. (still I’ll make sure to post quality content)

I am bit confuse as to where & how I should publish this information. If you have any opinion please drop me a comment or post a reply at suggestion & feedback thread at BTG forums.

B-school buzz e-book Free grabs

While reading an e-book offline about the survey at b-schools, I realised that Pagalguy.com also offered its members the gold membership at vault.com
You can avail this offer at Vault’s Indian site: http://www.vault.co.in/pagalguy.com
& for those who are completely confused by reading above two line, & for all those lazy bumps who don’t know where to get this e-book: go to the thread & check out the e-book, absolutely free.
Wanna know, What’s it like at a top-20 International B-school? –
Presenting you Vault/Pagalguy business school buzz book!!

It’s a shareware ebook so if you’re not a member of pagalguy, forums don’t worry much! I’ll soon make it available to members of Beat The GMAT forums, which I think has pretty strong base of its prospective readers.
The e-book is an exclusive survey conducted by Vault in association with pagalguy.com.
Tthe survey covers
Admission
Academics
Employment perspective
Quality of life
Social life (beyond b-school)
& answers of the representatives from respective schools.
I think I couldn’t have grabbed so much visiting the schools personally. I don’t discourage visiting the campus but sure this “book” comes handy before you take your final decision about b-schools.
Schools include;
1. Columbia
2. Harvard
3. Stern
4. Kellogg
5. Thunderbird
6. Berkely Haas
7. UCLA Anderson
8. Chicago
9. Wharton
10. USC Marshall
11. Darden
12. Toronto
13. Ivey (Ontario)
14. HEC France
15. INSEAD
16. Cranfield
17. LBS
18. Manchester
19. Oxford (Said)
These are undoubtedly the top b-schools of North America & Europe region.

Reliance Stanford GSB scholarship for MBA program

And I have returned to day dreaming. Return to aim WSC (cough! Wharton Stanford Columbia). I had said earlier and mentioned in my description line of the blog as well that I am no more aiming for Stanford GSB. Well! and I had my reasons for that. I know it’s unusual & who doesn’t want to have MBA degree from such prestigious and one of the best b-schools in the world? I assessed myself and realized that I am not a good fit for Stanford GSB culture. I think I don’t deserve it.
But recent news made me think about my decision again. I know again this time I may not be one the firsts who knew about this scholarships’ (/ fellowship ) announcement. So I ask, & who doesn’t want a full-ride for Stanford anyways.
Reliance Industries has announced and The Reliance Dhirubhai Fellowship. It’s a FULL RIDE scholarship, meaning your tuition fees will be waived INCLUDING all your other expenses such as living at Stanford university, schooling, boarding, books etc; virtually all expenses associated to applying and attending stanford MBA (so, does that include GMAT fees as well??).
The scholarship is need-based & academics of the applicant will be considered in scrutinizing candidates. But the most emphasis will be given to the applicant’s interest in India and her willingness to work in India post-MBA. The conditions for Reliance Stanford scholarship are: Applicants if given the scholarship have to come to India in 2/3 year post-MBA for at least 2/3 years.
The selection process involves two phases. At first phase 50 candidates will be shortlisted & will be allowed to apply to Stanford University for traditional two year MBA program. Stanford will select at the most five candidates from fifty by their .
There has never been such a huge scholarship for any international applicants earlier. It is obvious to think that it would lead to more applications from Indian origin and hence selection process at Stanford would be tough still. But I think it would not be the case. First of all, Reliance candidates are entirely different pool and Stanford made it sure that they will not allocate more than five seats for fifty selected applicants. And even for Reliance Stanford scholarship applicants’ gang, I think it’s difficult to get through in first fifty. As mentioned in official website the candidates will be short-listed on need-base. It is the kind of bread which is difficult to get in India these days. With all India-shining and raining jobs, the average income of person from 20/30 age group has raised tremendously in a decade. Incidentally these very people want career upgradation, want to excel and hence want to join MBA programs of international stature. And the pool of youth who’s actually financially poor is not even aware of such MBA programs.
Still I hope Reliance will be successful in finding the best candidates in all the terms they demand. The last question stuck in my mind is whether this scholarship is genuine? I mean why should I be happy & so all prospective India MBA aspirants if the scholarship is not for those who genuinely qualify for it? I hope and pray it should all be white and transparent. But wouldn’t it be the scheme of Reliance with hidden interest? …the scheme: to make Indian ministers and bureaucrats happy by offering their sons/daughters an MBA degree from Stanford?
I hope & pray my speculation is absolutely wrong.
To apply for Reliance Dhirubhai fellowship for stanford MBA click here : http://app.applyyourself.com/?id=SU-REL

Applying to IIFT (Indian Institute of Foreign Trade) New Delhi

As you know already, that I am thinking of applying to IIFT this year. So, I have to hurry and get the application form filled as deadline is nearing. I checked the official site of IIFT
which of course I liked. haahaa not because I am applying there… honestly I am more used to homepage of US MBA programs & it’s very different from them. Simple-Light and Plain!
No flashy pictures and no fluff. Yeah I agree that those flashy homepages look cool and sleek.
This however is much coarse.
I read all instructions and I realised that I HAVE to make a demand draft first and then check with rest of the application.
A demand draft of Rs. 1330 for general candidates and Rs. 700. for minorities/ and if you are a foreign candidate or NRI(non residential Indian)/ NRI-child you’d have to pay $75 for applying.
Couple of days back I went to town to the Bank for DD. But as usual seeing jammed packed (crowded with people ) bank was real turn off. The bank is going through major transformation and so is very troublesome lately. It was obvious that it’d take me at least four hours in queue standing 😯 to get the DD. So I chucked the whole plan and came back empty hand.
…Actually this was a wise decision as we have sub-branch of it in our village which hardly has any transaction. I submitted my DD form to the sub-branch & I got the DD next day!
Cool isn’t it! I didn’t have to wait for it standing for four hours.
I was not in hurry so I could afford this.
Now that I had my DD in my hand ready. I again checked IIFT site to apply online…
applying was easy but it said that you should have a printer ready to take out the print of your application which then to be sent to IIFT.
haahhaa & my printer is in my home town so right now I have just copied it for printing it from a stationery store or cyber cafe tomorrow.
Once I take the print out of the application form, I’ll have to send it to IIFT along with the Demand Draft.
I got to keep a close eye to all deadlines:
One thing I like about the website is as soon as I applied online they gave me access to my page through which I could track important informations like deadlines
so here’s a sneak peek’
:

1. Last Date for Sale of Prospectus by post: 20th August 2007
2. Last date for Sale of Prospectus across the counter at IIFT: 3rd September 2007
3.Last Date for Receipt of completed Applications: 3rd September 2007
4.Written Test: 25th November 2007
(10 am–12 noon)

hmm interesting! they haven’t mentioned about he Group discussions and Personal Interview dates… I think that should be around January-February 2008.
And for my own record: I am writing the test pattern that is mentioned on the college website verbatim

The admission test is a multiple choice objective type written test (in English). Duration of the test is two
hours. It will cover English Comprehension, General Knowledge & Awareness, Logical Reasoning and
and Quantitative Analysis.
THERE WILL BE NEGATIVE MARKING FOR WRONG ANSWERS.

I used to be good in General knowledge once… haahaa ages back.. guess I’ll have to again start reading pink papers .

Thinking of Indian MBA…

Dont look around, you are right. It’s me. Yes! aim-wsc is thinking of applying to some Indian MBA programmes this year!
surprised? yeah! even I am as surprised as you’re!
I think I must clear this haze around aim-wsc a bit…(OK may be I’ll write an introductory post soon.)
…that’s not the purpose of posting this article… today however, I’ll just talk about my voyage to various Indian MBA programs.
Now you might ask which programs am I thinking of: IIFT. IIFT & IIFT. Right now it’s the only one college I am thinking of applying but soon I’ll reach to some concrete decision.
FMS New Delhi, SP Jain, IIT SOM Mumbai are some of the other colleges I am thinking…
Now the obvious question arises: Why IIMs is not in the list… well for some odd reasons I don’t want to apply there… (not like sour grapes 😉 Yeah I know it’s not in my stretch and even if it would’ve I wouldn’t apply there…)
I’ll check it up with PaGaLGuy Forums but surprisingly I get more hits @ CoolAvenues when I searched about any MBA program in India on google… seems they are doing better with SEO and the stuff.
So I’ll check CoolAvenues site too…yeah I should not forget that this site is commercialised even before PaGaLGuY forums/ portal started. Anyway all I need is some information about these institutes which I would use to make a decision whether to apply to their programmes or not.
Well most probably ( according to my instinct) I wont be apply to any of other Indian or international MBA program this year. So it’s gonna be IIFT only.
But I’ll surely come up with some good reasons for the decision that I would make.

How to Approach the GMAT

A beginner’s guide to GMAT Materials:

The first thing any MBA aspirant should do is visit official MBA/GMAT site …spend some 2-3 hours there. (or even 2-3 days!) & read as much as you can. The information published there is unbiased, genuine, authentic, eye-opener & myth-breaker.

Then you should download a sim CAT GMAT test available there: name is GMAT Prep; it’s of ~25MB size.

The site mba.com will help you understand: what’s GMAT in general terms, its significance, its structure and the way company conducts the test worldwide.

(I will not go into GMAT structure in detail since that’s not the purpose of this article. Let’s focus on resources/study materials for GMAT! )

You’ll obviously need some books to prepare for GMAT. GMAC, the organisation that sets GMAT test, published three books recently, known as official guides.

They are:  (Follow the link to read reviews about these books)

  1. The Official Guide for GMAT Review, 11th Edition
  2. The Official Guide for GMAT Verbal Review
  3. The Official Guide for GMAT Quantitative Review

they are nicknamed as orange, purple and green guides respectively. (Note that the article first published in early 2007/late 2006; today OG 12th edition & 2nd edition of Verbal & Math guides are available You can check the detailed review in my GMAT books review page.)
Official guide 11th edition is THE book you should start with and end your preparation.

You should trust these guides along with GMATPrep software (mentioned in 2nd para).

Although these guides and a simulation software for CAT (computer adaptive test) are fantastic for the practice problems, they don’t provide study strategies…

In short: when it comes to problems solving in practice sessions, nothing beats above mentioned materials. But for strategies and tactics (read shortcuts! ) you need to look for some extra materials.

Other books I would recommend:

(I’ll write an article exclusively for recommended books some time soon.) By the way, these books offer good strategies to attack GMAT; they’ll show you how to approach each section and each problem individually.

But then for taking the test in one go you need to have a patience, faith and stamina. & for that, you need to take as many GMAT simulation tests/ CATs as possible.

[Note: Do not rush and sign up for just any sim CATs available on would wide web.]

Following are the GMAT prep companies you should trust: Reason : they have done enough research to come near to the real GMAT test… (still they are not as near as GMAT Prep or POWER Prep)

[Note that I am not talking about GMAT coaching institutes but the online resources for practice tests ]

  • mba.com (nearest possible)
  • manhattangmat.com (?near? quant tough)
  • 800score.com (easier)
  • kaptest.com (tough)
  • pricetonreview.com (neutral)

They offer good Sim GMAT tests.

Note that I have not mentioned about other books or other sites for practice tests which simplymeans they are NOT worth your time & money. Caution: This has exception of Veritas Prep. I haven’t had chance to review their products.

Now let’s have some non-brand materials,

Materials those are freely available on cyberspace and have no copyright issues.

BeattheGMAT’s flashcard (best flashcards you could get )

Grammar Notes:

Sahil’s Grammar Notes
Spidey’s Sentence Correction Notes & some more docs such as Rajat-nda’s notes.

You will get above documents anywhere online, just search around on GMAT related forums. The reason why I am so selective in mentioning about the resources is, people just take any darn test or soft copies of books available on internet just to end up in pracitsing non-GMAT questions.

Therefore I am with trusted and reputable resources. I insist…

DONT WASTE YOUR TIME IN STUDYING AND PRACTISING WRONG SETS OF PROBLEMS.

…still if you want more practice problems then download thousand series by scoretop

  • 1000 SC
  • 1000 CR
  • 3000 RC

Again, these documents are available freely everywhere on internet. Note that documents do not have explanations to the problems. You will have to join some GMAT realated online forums to discuss those problems. I am not pro-1000 series doc as such but I feel these documents are one of a kind. You’ll never get such a great no. of questions compiled in a single document and that too absolutely free!

[OK! After some time getting into GMAT prepeparation/studying environment, you should start realising the easy methods to solve the problems, you should be able to discover some shortcuts. Key is you should examine the strategies that are discussed in prep books and use them according to your needs & study-style.] If you see these signs you know that you’re going in the right direction. All the best 🙂

Post GMAT course for getting admission into MBA programs

While prepping for GMAT you should also be aware of the b-schools you want to apply. You must have a long term plan & You should do some research on the b-schools that suits your long term goal.

For such informations you have b-schools’ own web-sites which give all information about MBA programs you desire/along with plenty of other good sites:

Dave’s MBA Journey

Hjort’s b-school corner from GMAT Club Forums :

There are MBA admission consultants, ready to give you free advice & assessment. Check them out!

Accepted.com

ClearAdmit

Stacy Blackman Co. blog

Above blogs update several times a week; keep tab on all these site & be informed. I think that’s enough for now. Feel free to comment. & yes, subscribe, spread the word! for world peace!
PS: If you like this article, you might like to take a look at this one too: GMAT in a month: strategy.

What it takes to be the best B-school

dear b-schools, DO YOU HAVE IT IN YOU? (lolz :p)
Check this out!!

I have a question. People normally talk about “Top Business Schools”. My question is which exactly are the top business schools around the globe ? What qualifies a school to fall in this category ?

Baccardisprite answers:

It’s a good question.
My answer / definition, both arguable and debatable is – A top business school (below in no particular order):

  • is almost immediately recognized and recalled (instant oohs… and aahs…) i.e a well-known university or legacy brand that has built itself over many years of the success enjoyed by its alumni (both of the university and the business school)
  • offers it’s students a superior allround academic, social and cultural experience
  • (in a stable/good economy) opens professional doors for the students in the form of strong access to its closest job market with less regard to a students back-ground, origin, or citizenship or in some cases even pre-MBA experience – in other words the opportunity to change elements of one’s career (industry, function and geography). Example – a Top US school to the US job market. An INSEAD all over Europe and the UK. An LBS in London.
  • has a strong, legacy network of alumni who are known for their willingness to help current graduates
  • has career services that possesses the street-credibility to bring top companies from various industries to campus; therefore the oppportunity for MBAs to meet, network and interview with; and offers the right king of training, advice and guidance for students to confidently go off-campus to find their jobs
  • offers you the ability to experience a program with smart (or smarter), ambitious, knowledgeable and wise peers.

These are the things I wanted from my school. Below are the schools that largely fulfil these criteria. These regularly turn up in the rankings NOT because the magazines think so but because they have built themselves over years of success and investment of time, money, and effort to the criteria stated above:

USA – Stanford, Harvard, Wharton, MIT-Sloan, Chicago, Kellogg, Columbia, Michigan, Tuck, Duke, Darden, Haas, Yale and a few others I might have missed.

Canada – Richard Ivey, Rotman, Queens and York – good because they’re good schools and I understand that Canada has recently started offering MBAs the opportunity to work in Canada for 2 years after graduation (this needs to be confirmed).

EU – INSEAD, London Business School, IMD + more recently the European schools that made it to the UK Government’s HSMP list of school’s whose MBA graduates are eligible for a work-permit (NOT tied to employer) in the UK.

Asia Pacific – IIM (A/B/C) – now with the PGPX which is likely to be a success, ISB, INSEAD (Singapore), U-Chicago (Singapore EMBA for more experienced people in the region), Ivey (Part time in Hong Kong), CEIBS (Shanghai).

Notice that I would NOT rank the top 2 Australian Schools here until /unless Australia offers a good opportunity for Internationals to work in Australia after the MBA. Currently not the case as Australia is generally unwelcoming to non-Aussies or non-permanent residents. Unless the country offers an automatic opening to work there or at least a short term chance to work without having to be sponsored, this is NOT a good place to study.

If someone has recent updates that show an improvement to this, please share.

Given their weak career services I would also NOT rank NUS & NTU (Singapore) and CUHK and HKUST (both in Hong Kong).

Hope this helps everyone.


COURTESY NOTE:

Taken from B-schools-Assistance desk thread of pagalguy.com. (very heavy and informative thread by the way!

the thread is mostly controlled by the big-guy.

This guy, (calls himself baccardisprite) lives in Switzerland (spelling check :p).
Whaterver he writes is pure gold, product extracted from is wide work-experience (more than hundred months of international work-experience.) and twelve months of heavy duty MBA from one of the top b-schools in the world. JohnyCAGE recommends to go through all articles he posted.
I have extracted some of his thoughts on what it takes to be the best business school.
(reference link)