...MBA Admissions Essay Powerful Tips for Improving Your Odds of Gaining Admission to the MBA Program of Your Choice Admissions essays are easily the most challenging part of the MBA application process, and it’s no wonder. Most people don’t like to write, and even those of us who do enjoy writing can come up blank when called upon to write about ourselves, especially when so much is at stake. The fact remains: If you want to go to business school, you have to be able to generate one or two thousand carefully chosen words that sum up your background and experience, your career goals, your reasons for seeking the MBA, and why you’ve chosen the program to which you’re applying. Step one: Relax. Writing admissions essays is stressful—it’s supposed to be stressful— but that doesn’t mean it’s impossible. Everyone who has ever applied to business school has written admissions essays, and so can you. All you have to do is submit essays that are a little bit better than most of the others, and if you follow the advice we’ll cover in the following pages, it will be a lot less painful. How to Write a Successful Most MBA essays are mediocre The good news is that most MBA admissions essays are mediocre at best. If you can at least come up with a marginally compelling narrative, and if you can spell and punctuate everything correctly—or know someone who can—you’ll automatically have an advantage over much of the competition. This guide is designed to help you get started (the hardest...
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...Schumpeter: Taking the long view | The Economist 24/08/13 12:14 AM More from The Economist Subscription Log in or register World politics Business & finance Economics Science & technology Culture Blogs Debate Multimedia Print edition This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details Schumpeter Comment (77) E-mail Print Reprints & permissions Taking the long view The pursuit of shareholder value is attracting criticism—not all of it foolish Nov 24th 2012 | From the print edition Tweet 262 Advertisement HE IS the chief executive of a multinational corporation, but Paul Polman sometimes sounds more like a spokesman for Occupy Wall Street. The boss of Unilever (an AngloDutch consumer-goods firm with brands ranging from Timotei shampoo to Ben & Jerry’s ice cream) agonises about unemployment, global warming and baby-boomer greed. He puts some of the blame for these ills on the most influential management theory of the past three decades: the idea that companies should aim above all else to maximise returns to shareholders. He appears to mean it. Since taking charge in 2009, Mr Polman has stopped Unilever from publishing full financial results every quarter. He refuses to offer earnings guidance to equity analysts. He has introduced a lengthy “sustainable living plan” and attracted a new cadre of long-term investors, particularly...
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...Pursuit of an MBA Marvin Conway MGT/521 1 April 2010 Construct and Support an Argument Decision to Pursue an MBA To some, pursuing higher education is a waste of money and time. Others, such as me, may argue that it is an accomplishment and the benefits from acquiring a degree are worth the efforts and hard work. With the current national unemployment rate at 9.7% (US Department of Labor, Feb 2010) and steadily rising, it seems improbable that finding that “ideal” job is likely. During these tough economic times, I find myself with a bachelor’s degree at a low paying job with a child to take care of. It is because of this situation that I have chosen to pursue a Master’s of Business Administration (MBA) degree with an emphasis in Accounting; receiving higher education could be the answer to my problem. According to the job outlook by education 2006-16 (Occupational Outlook Quarterly), increased earnings and lower rates of unemployment are trends associated with additional levels of education (Liming & Wolf, 2008). After taking the Jungian 16-Type Personality Self-Assessment test, scoring ISTJ, I found that my results support my decision to pursue my MBA with an emphasis in Accounting. A person scoring ISTJ are found to be organized, compulsive, private, trustworthy, and practical people. Their possible career choices are office manager, accountant, business manager, tax agent, and public servant (Pearson Prentice Hall, 2007). I recognize that I possess...
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...DIVERSIFICATION Constant efforts to diversify by acquiring companies/start-ups and supported by high investments in R&D (e.g. IntegraDng the value chain by creaDng digital content provided online) CORPORATE STRATEGY Amazon at a glance ROE BREAKDOWN ROE -2.35% = NI Assets -241 47,332 -1% X Assets Equity 47,332 10,244 Main focus on strong growth above market average to gain market share rapidly since the company’s foundaDon. Focus on expansion esp. in Europe in 2016 (Example: + 2,500 employees, +3 R&D centers and + 10 warehouses in U.K.) 462.07% ESADE MBA - Class of 2017 - Section A - Group 8 3 1. Company Introduction 2. Industry Analysis 3. Financial Analysis - Profitability & Growth Analysis - Cash Flow & Cash Uses - Liquidity & Solvency 4. Outlook & Investment Recommendation ESADE MBA - Class of 2017 - Section A - Group 8 4 2. INDUSTRY ANALYSIS The e-commerce market (= 79% of Amazon‘s revenues) is highly competitive due to high pressure from customers as well as competitors. ñ Market entrants • Easy to set up an online business,...
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...of Delaware that I know I will be receiving a similarly professional and interesting experience if I am welcomed back as a graduate student. In general, given my personality and work habits, I would like to be the employee in my future endeavors that is absolutely valuable to the organization I work for. Whether I am developing software or managing an entire IT system, having a business mindset and approach to the problems I will face will be useful and helpful aspect. It will be important as I think of solutions for my clients to realize they are doing business and if I can relate to and understand what they want, it will go a long way. Graduating with my MBA, I plan to use my hybrid education of computer science and business to enter the work force as a computer scientist with a high awareness in how the business world runs. Short term I would be very interested in working for a company that values my hybrid education. Picturing my perfect job straight out of graduate school is difficult because I enjoyed a variety of computer science classes in undergraduate study in a variety of fields. During my...
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...business. In today’s rapidly changing landscape, I will be able to help my classmates understand the metalworking and manufacturing assembly challenges faced by employers, and as a group, endeavor to identify solutions that promote sustainable economic growth in the industrial market. At American University, I hope to be able to find fellow students equally passionate on the topic of development; together we would create a dynamic team. Although I have the technical experience necessary to accomplish my personal goals, I still feel I need to develop the practical business knowledge that a Master’s degree in Business Administration would provide in order to execute my short-term and long-term goals. As an employee of Paulo Products Corporation, my career path is unlimited and controlled by me; my short-term goal is to become a Regional Sales Manager. My day-to-day training and work experiences have provided a foundation to become an accomplished Regional Sales Manager, but I still believe I am not a complete employee. After looking through American University’s class...
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...The objectives after finishing an MBA program. Short term objectives Have the company registered as a professional investor. There is an obstacle that makes us at the moment not competitive in the market in some investments because the conditions to become a professional investor are: a. Have minimum 500.000 euros in equity. b. Minimum 5 year of experience in business and investment. c. Graduate degree from a university or one year experience in banking. It is my firm believe that a MBA degree can help me and my company competitively because with a MBA degree and registered as a professional investor my company will have the chance to participate in investments and therefore enhance the growth opportunities that otherwise might be missed. That may affect both growth and profitability of my company and affect my long term objective. Long term objectives Further develop the company and reach the growth and profitability objectives in order to be able to register the company in the First North stock market. Based on the size of Golden Seafood today, it is my objective that in 5 to 6 years the company will have reached the financial platform to advance to the third level in investments, to make the company a recognizable investor in the Icelandic fishing industry. Having reached that then the company will have all the necessary criteria to be registered on the First North stock market. With that the company will have the opportunity to get experienced investors to be on the board...
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...career by maintaining a focused vision towards both my short term and long term goals. In the short term, I would like to continue my work in the high end consulting/analytics space by spearheading several data-driven and corporate information management (CIM) projects in the financial industry. Armed with a Stern MBA, I hope to uniquely position myself in the world of Big Data and Data Sciences. By taking a granular approach to business analysis, I hope to alert appropriate stakeholders such as business managers and senior executives on key market trends. With my ideal combination of IT functional expertise, industry knowhow and strategic grasp, I can help my clients bridge the gap between business expectations and IT solutions. With extensive expertise in productively engaging high value customers while demonstrating consistent performance, I hope to catapult myself into the senior leadership team of my organization. In the long term, I would like to act as a Business Intelligence (BI) strategist and articulate the importance of BI in corporate management, governance, regulation and compliance. Here I will impact corporate strategy and organizational philosophy by incorporating the value of powerful business information tools such as dashboards and scorecards to bring an understanding of corporate performance and stakeholders’ expectations. Given this pursuit, I believe that I am at the right stage in my career to seek an MBA from the esteemed Stern Business...
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...Please provide a statement of purpose that describes your decision to pursue the Olin MBA or Specialized Master's degree for which you are applying. Your response should include a thoughtful presentation of the personal and professional experiences that have led to your decision to pursue graduate management education. It should also provide an identification of your specific short- and long-term career objectives, an explanation of your decision to pursue this degree at this point in your life, a description of your specific interest in the Olin Business School, and any other information that would help inform the Admissions Committee of your qualifications for our program. (500-1000 words) After completing my B.Tech in Plastics from one of the top ten institutes in India, I occupied dual roles of marketing executive and merchandiser for almost three years in esteemed textile firms, where I handled a broad customer and vendor base. I have spent considerable time to understand the textile market and now I am able to identify key areas for business growth and process improvements. I spotted the market for scarves and enabled my company’s foray into the product. I helped my earlier textile company which only sold fabrics to venture into garment manufacturing. I also enabled the setting up of processes and systems that improved our sales processes. Experiences such as these have honed my operational, marketing, leadership, and interpersonal skills. However, as my opportunities...
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...Marketing Management HBS case Dell Computers (A): Field Service for Corporate Clients 2014/9/30 Members: MBA 張君熙 Troy60355023O MBA 蘇怡如 Claire 60355018O MBA 林歆芸 Cindy 60355013O MBA 黃小瑄 Susan 60355007O Q1.What should be Dell’s positioning in the server market? According to the case, we find out Dell’s characteristics and analyze with STP Model (Figure 1). • The category of users：Business、Customer Segmentation • Users needs：Entry - Level、Midrange 、High-End server • Acceptance of price：Low、Moderate、High price • Business Targeting • Entry - Level server • Low price Positioning • The direct distributor who provides Entry-Level servers to the companies with low prices and high-quality service after sales. We can know Dell is good at entry-level server from exhibit 4～6 in the case. Business clients comprise 90% of Dell’s customers. Because of Dell Direct and Inventory Control, Dell can provide low prices to its customers. Dell improves its first-time resolves to almost 90%. ↑Figure 1: Dell’s STP in the server market 1 Q2. Whether Dell should create an in-house field service team to ensure service quality and maintain control of its customer relationships or outsource the field service to a third-party provider? Justify your suggestion. First, we analyze the pros and cons of Dell’s outsourcing (Figure 2). Pros Centralizing sources on core operation Cons Being unable to control products’ quality Saving considerable downtime Losing customers ...
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...a marketing consultancy company. I would like to work as a Senior Brand and PR Manager and be responsible for the developing of marketing plans, the communication of new products, Customer Management, the managing of promotional activities and campaigns and the monitoring of budget fulfillments. Working in such a position will provide me with the necessary knowledge and insight of all the aspects of the marketing world and will enable me to use the skills that I will have developed throughout the MBA studies. Given my intention to work in such a company and my determination to pursue my long-term goals, I believe that these are indispensable for me. I think that in order to attain my long- term goals, I must acquire special knowledge and this is possible only by working in this sector. As for my long term goal, my ultimate inspiration is to establish my own business venture in marketing consultancy. Having acquiring a broader view of the marketing function by attaining my short term goals, I will have the specialized knowledge and the necessary experience to establish my own business which will function as an outsourcing company. Its main responsibilities will be to offer to its clients a wide array of integrated marketing services, such as on- line marketing, advertising and public relations. By analyzing the current placement, the objectives, the target audience and the future goals of each client, my business will be able to prepare a marketing strategy tailored to the client’...
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...SAMPLE STATEMENT OF PURPOSE MBA EXAMPLE ESSAY Write a candid description of yourself, stressing those personal qualities, assets, and liabilities that you feel will influence your graduate work. Describe what you consider to be your most important professional and / or academic achievement to date. If one were to ask my friends to describe me they would describe me as a very pleasant, diverse, active and intelligent woman. I think one of my most distinguishing characteristics is the diversity of experiences I possess. I am a science student with a flair for the arts. I am a woman with technical aptitude and an interest in management. I also have a passion for traveling and understanding different cultures of the world. All these elements have given me a very broad outlook, with varying degrees of knowledge in a range of topics. I strongly believe that although some are not related directly, all these qualities will influence my graduate work. My Engineering degree has given a strong foundation to my analytical skills since civil designing involves a lot of long, complex and intricate calculations and the application of basic math skills. Over the past four years, I have been working part-time with my family firm, SnMTech Systems. I am also the co-founder and active member with FOE - Friends of the Environment. I have assisted in the installation of Enterprise-wide Resource Planning (ERP) System at Blotech, a major Engineering Company. More than what I have studied in...
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...Hong, Kil Dong Applying for MBA Yale University 1.Please discuss the principle elements of your educational and work experience to date. Describe your specific career objectives as a professional manager(three to five pages, double-spaced) Since I had worked in the xxx product department of xxx, established by my deceased father, the yearly income was $xx million in 19xx and in the top 10 rank in Korea, my major problem was a lack of knowledge in Finance and Management. Upon graduation from undergraduate studies, I was employed in the Management Planning Team. Because I did not have the background in business administration from majoring in English Literature in undergraduate, I realized the difficulty in grasping the concept of general company matters, marketing analysis, and setting up the short and long-term marketing plan. When I participated in the future development of xxx and sales project for 10 months that began in February 19xx, I realized that I was incapable of successfully performing my duties as an Assistant Manager with 8 staff members for a project in which the company heavily depended upon. It was then that I had realized what special talent was needed to become a successful manager. For instance, while analyzing xxx, xxx’s technological advantage and marketing strategies, I realized the importance of learning Marketing Research and Strategy. I also realized the importance of Financial Management and Corporate Financial Policies when planning...
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...questions have been classified into the following sections: B Schools and Academic background (pre and during MBA) Professional work experience (pre MBA) and expectations Post MBA Consulting experience Interpersonal Skills and Networking FAQ B SCHOOLS AND ACADEMIC BACKGROUND (PRE AND DURING MBA) Q1. When evaluating MBA programs, what are the key characteristics to consider for an aspiring consultant? In other words, what are the different parameters based on which, one can shortlist & differentiate universities for a consulting major. While Consulting companies recruit heavily from a core set of schools (typically 5 or 6 top schools), almost all Consulting firms recruit from most of the top 10 or top 15 schools. When evaluating an MBA program, it is important to consider the location, interest in living there and how good the program is. One can gather this information by networking with alumni and current students. While targeting a school with consulting in mind is one way to go, it is essential to keep an open mind. Most students figure out their interests and career paths while at school and not before. As long as there is consistency in a candidate’s essays and he/she is able to convey a good story, he/she can get admitted to one of the good schools that can lead to a consulting career. Q2. Broadly, how does one tailor their MBA program, in terms of courses & electives to be best prepared for a consulting career? Go to a Bschool and learn what interests...
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...leadership, or a lack of strategic direction. The reason a business incorporates strategic management and planning is to ensure proper direction and long term planning becomes the backbone of any decisions made. In essence, the direction is mapped out in step-by-step process that allows a business to follow. Strategic Management “is the set of decisions and actions that result in the formulation and implementation of plans designed to achieve a company’s objectives” (Strategic Management, 2009). For example, if a new micro brewery wanted to open, this first step that needs to be determined is the long term plan. The brewery will have to determine if the business that will continue to expand to other locations, or if it is a business that will first attempt to establish itself in place and develop a name. In addition the atmosphere needs to be determined casual or formal, food, or no food. Each of these choices will require different designs. The Brewery will require the manager to maintain long-term contracts with brewing suppliers, restaurant suppliers, food distributors, and equipment suppliers. From a long-term perspective, fresh talent from local culinary schools could add flare to the menu if the business is based more on gourmet dining than casual. These agreements are strategic because they enable stability and long-term business growth for the brewery. In the absence of a strategic plan, the brewery will loose focus and even become the exact opposite of the original...
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