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My Interview with MBA Crystal Ball

January 27th, 2012 No comments

Have you ever considered applying to a JD-MBA program but weren’t quite sure because you didn’t know what it entailed? Have you ever wondered what the differences were between the joint programs and MBA programs? I bet some of you have. I certainly did when I was applying to graduate school. Well if you’re pondering the differences today, or simply want to know a bit more about the joint program, then check out my recent interview with MBA Crystal Ball.

See below for a snapshot of the article and a peak at two of the questions, And CLICK HERE to read the article in its entirety.st last week, I had an interview with MBA Crystal Ball. In the interview I discuss some of the nuances of the joint JD-MBA program.  While we couldn’t cover every possible question we did get some of the basic questions: why did you choose the program, how is the program different from MBA programs, do you “need” both degrees, and what I plan to do with the joint program.

http://www.mbacrystalball.com/blog/2012/01/25/jd-mba-program-kellogg-school-of-management/

What are the pre-requisites to get into a joint-degree program (and specifically Kellogg)?

There aren’t generally any pre-requisites to get into the joint program. Just like MBA programs look for a diverse class, the JD-MBA program also looks for a diverse set of students from different walks of life to fill the class. Likewise, just like MBA applicants have to take the GMAT, JD-MBA applicants must also take the GMAT. However, one thing that differs at Northwestern is that you don’t have to take the LSAT. While some JD-MBAs do take the LSAT exam, others tend to have very high GMAT scores, which would alleviate any concerns on ability to score well on both exams. And finally, while not a pre-requisite, it is helpful to your application if you have a good reason why you want both degrees. In fact, the JD-MBA program recently added a specific question to ensure students address this.

What are your career plans after completing the program?

In the short run, I’m interested in both business and law, and see myself working at a law firm and in the startup world. In fact, I’m currently working on launching an Internet-based nonprofit in the education sector. So keep an eye out for our Education Matters Project over the next few weeks. Over time, I plan to do more blogging, speaking and writing, which is something that I’m already working on. And in the long run, I’m interested in the public sector. I not only want to work in business, but I also want to give back to my community and help improve the country.

I live by the motto, the greatest risk in life is not taking one. So I hope to take some pretty big risks early in my career after graduating and see what comes of it.

 

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Applicant Question: Should I Take a GMAT Class?

January 14th, 2012 No comments

In some professions, such as banking and consulting, taking a GMAT prep course is a given for prospective M.B.A. students. For those students, the question is never “should I take the GMAT but instead, which one should I use. With so many companies and tutors competing for your attention, it can be difficult to choose which to use. But for others, the decision to take a GMAT class can be tough. Not only because the cost is high but also because you don’t know how much to actually study. Well, in a recent question on BeatTheGMAT I received a question about just that.

In a recent question on BeatTheGMAT I received a question about taking a GMAT class. Because the person had gotten bad feedback on an LSAT class, they were uncertain if they should consider taking a GMAT one.

See below for the question, and below that for an adaptation of my response.

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APPLICANT QUESTION

Hi Jeremy,

In preparing for the GMAT, would you recommend prep class or private tutor? I heard one experience from an LSAT prep class that classmates slowed things down since everyone was from different levels/backgrounds. Wondering if it’s similar or different for the GMAT.

(Name)

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MY RESPONSE

Hi (Name)

Thanks for your question. I think the answer is different for everyone. Some students have different priorities when applying to MBA programs so may decide to spend more or less time on the GMAT.  And others can sometimes thrive in different environments, where in some cases that environment is a tutor and self study, and other cases it is a formal GMAT class. That said, it is true that far more people take a GMAT class than use a private tutor.  And for those who use a private tutor, many of them have already taken the class and are using a tutor to sharpen up their skills in the weeks leading up to the exam date.

Because in general, the GMAT class should help you get through all the basics you need to do well. The curriculum for “good” classes is up to date, the instructors are top notch (though probably better at some places than others) and the pace of the class is appropriately spaced to get you through everything in the 10 week period (length may vary depending on class).  Further, the class will help give you a structured schedule with a consistent routine to help learn the information and will give you more resources than you would have on your own.

Of course there are always possible downsides to everything. If you are traveling to a classroom the time investment is more than it would be with a private tutor. Likewise, the cost is greater and you don’t always have a chance to choose your teacher.

Personally, I took a GMAT class and saw a lot of others do the same. I had no problem with pace and ended up with a great instructor and would recommend Manhattan GMAT to a lot of other applicants. While I can’t promise the same experience, and don’t have any knowledge about the makeup of the classes you might consider joining, I suspect many of them would not have problems with classmates and won’t end up going to slow. Especially if you have a strong instructor.

Good luck.

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Assorted MBA Application Tips. Hopefully They Help

January 5th, 2012 No comments

Hi All. Because it’s MBA application season, I decided to crate an assorted list of MBA application tips. Depending on where you are in the process and how much research you’ve done already, then some of them may be helpful.

Without further ado, see below for the tips:

  1. Visit schools. Visiting will not only help you to better understand the culture of the program but also help you choose a school if you’re fortunate enough to have lots of options in the spring.
  2. Don’t think listing people’s names in your essays is going to get you admitted toa school. And don’t put a laundry list of names, because that just looks bad.
  3. Make a good impression if you visit. While making a good impression won’t get you in, making a bad impression could have the opposite effect.
  4. Revise your essays. Then revise again. And again. And again. Most people don’t write well enough not to do revisions.
  5. In your essays, don’t use run-on sentences.
  6. Count the number of times you write the word leadership, or any derivation of the word leadership, in your essays, and then likely delete some of them.
  7. Count the number of times you write the word teamwork in your application in your essays, and then likely delete some of them.
  8. Consider taking the GMAT again. Try scoring in the 80th percentile in both sections. If you don’t be sure to address it in the rest of the application.
  9. Seek out people with backgrounds that you admire. And think about doing some of the same things they did in their careers.
  10. Seek out people who recently went through the process and get advice not only on the general process but also the process for that school.
  11. Let your recommenders know earlier than later that you plan to apply, that way it’s not a surprise when they have to write the letter. Though realize that most recommenders turn them in at the last minute either way.
  12. In your application, you should prove that you’re employable after graduation.
  13. Generally avoid applying in round three, even if you’re a competitive applicant. There are some exceptions but not many.
  14. Sometimes getting advice from too many people will lead to conflicting advice. In some cases you have to take people’s advice with a grain of salt.
  15. Don’t have too many essays readers. You’ll lose your own unique voice in the process.
  16. Consider the STAR technique when writing. Not only will it help you organize but also ensure you talk about the things the MBA admissions committees want to hear about. Especially results.
  17. Be prepared for your interview. Don’t wing it. Some people will create huge documents, dozens of pages long to prepare for any possible question that might arise.
  18. On average, apply with higher grades and test scores if you are younger in age. It’s not always the case but often.
  19. Answer the essay questions. Often times applicants have their own agenda and don’t answer questions fully.
  20. Refine your self-image: You want your application reviewer and your interviewer to walk away with very clear picture of who you are. So be clear.
  21. Ask yourself “Why?” after reading an essay or evaluating your response to a question. If the answer to “Why” is unclear, then you need to tighten up your responses.
  22. Don’t come off as a know-it-all when you visit and during your interview.
  23. Find friends/support groups to support you in the process. Sometimes it’s  useful to get outside advice. And it’s always useful to have support if things don’t fall go way.

That’s it, for now. I told you they were assorted. Good luck with your application.

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Management Leadership for Tomorrow in 2011

December 23rd, 2011 No comments

Happy holidays everyone. I hope that you’ve been able to enjoy the holiday season so far and spend lots of time with friends and family. 2011 has been a great year for many of us, and we certainly have a lot to be thankful for.  I’m writing this message to put out a few facts about Management Leadership for Tomorrow, an organization I’m part of that also a good year in 2011. Not only did they continue to build the organization but more importantly they also helped a lot of people apply to graduate school and continue to work toward achieving more success than ever before.

In short, 2011 has been another successful year for MLT.  The organization is excited about accomplishments of fellows and alumni over the past year and looks forward to celebrating MLT’s 10th anniversary with you in 2012! Below are a few highlights from 2011 include:

  • About 85% of undergraduate Fellows secured full-time jobs at graduation, compared to under 25% of all college graduates;
  • Nearly 95% of MLT MBA Prep Fellows matriculated to top 25 business schools, receiving over $15M in fellowships/scholarships
  • 93% of Fellows stated that participation in MLT has been a “life -changing experience;
  • MLT expanded its Career Advancement Program, for mid-career professionals, to include 40 rising leaders; and
  • MLT formed several new partnerships with leading organizations, including American Express, The Broad Center, Capital One, Genentech, Procter & Gamble and  Yum! Brands among others. CLICK HERE for their full list of potential partners.

In addition to that, John Rice also did well in 2011, as he was named one of Forbes Impact 30 Social Entrepreneurs.

In short, MLT is having a big impact and not just on diverse business professionals but also on business as a whole. And as a result of the success, MLT is looking forward to 2012 and continuing enhancing its engagement with fellows, alumni and the broader population next year, which will be MLTs 10th anniversary year.

Stay tuned in 2012 to hear more about what MLT is up to. And as always, don’t hesitate to drop me a line if you have any questions about MLT or any one of its programs. Happy to answer any questions you have.

Happy Holidays!

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Kellogg Class of 2014: Congratulations on Your Acceptance!

December 20th, 2011 1 comment

To the applicants recently admitted to Kellogg’s Class of 2014, great work. Congratulations on your acceptance! Hopefully you are excited about the opportunity to learn more about Kellogg over the upcoming weeks. As a current student, I can’t say enough about how great the MBA experience is, not only because it’s fun and you meet lots of great classmates, but also because of the professional opportunities that you’ll have available right from day one.

But don’t take it from me, take it from the entire student body at Day At Kellogg (DAK) and get a feel for the experience yourself.  My fellow classmates and I will all be around to say hello and tell you anything you want to know more about. Likewise the admissions team and student admissions committee members will be working hard to make sure the weekend and the DAK programing is seamless.

This year, DAK 1 takes place the weekend of February 9-11, and the experience is going to be priceless. And no, not just because I’ll be a DAK section leader; but also because you’ll have the chance to attend a class with professors like Hennesey and Rogers; you’ll be able to meet more current students than ever imaginable, and you’ll also get to spend the evenings in Evanston and in the city with other admitted students. And no matter what you decide to do when you’re here, be sure to stop by and say hello. I’d love to hear what options you’re considering.

Best of luck with the rest of your applications. And best of luck with your final decision.

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Stories > Numbers. A Webinar from the Art of Applying

December 5th, 2011 2 comments

It’s that time of year again, when MBA application season is in full swing. Applicants are starting to hear back about Round 1 interviews and admissions decisions. And Round 2 applications are just around the corner. So at this point, just about every applicant is looking for a competitive edge. A way not only be competitive for admissions but also to stand out and improve their chances of acceptance. Well fortunately, there are resources out there to help. And one great resource, Kaneisha Grayson,  is helping people is having a great webniar later this week.

Hey guys! Just a quick note that my friend Kaneisha Grayson and her admissions company The Art of Applying will be hosting a FREE webinar about its upcoming Story Over Numbers series on Tuesday, December 6 at 1pm CT. So if you’re interested in the topic, I recommend trying to attend. But even if you can’t attend, they will be sending out a video recording of the webinar to everyone who registers, so be sure to register even if you can’t attend.

In short, here is the scoop on the seminar, from Kaneisha Grayson herself:

The Story Over Numbers is a six week program designed especially for applicants whose “numbers” don’t quite fit the profile of their target schools.  The program includes 4 rounds of editing for 4 schools of your choice, essay starter worksheets to help kickstart and structure your essays, a private members-only message board where you can hang out with other applicants, and weekly Q&A phone calls. Story Over Numbers also includes amazing bonus material such as Kaneisha’s Word Count Weight Loss webinar, a free resume video review and lifetime access to the contents of the program. Sign up soon! There is limited seating for both the webinar and the exclusive Story Over Numbers program. You can register for the webinar and join the Story Over Numbers mailing list here.

While I haven’t actually done the seminar myself, I can say that Kaneisha is smart and also knowledgable about the admissions process. She did well in the process herself and when I met her last year, she had a lot of passion about helping other people be successful as well. So if you have a few minutes, sounds it’ll be well worth your time to see what the seminar is all about.

Best of luck in the admissions process!

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Applicant Question: Career Change from Sales and Startup to Private Wealth in Business School

November 25th, 2011 2 comments

Happy Thanksgiving Weekend! This time of year, people are back at home spending time with friends and families.  Many of them are just relaxing. Others are students, taking a break from classes, before finals period. And there’s another group of people, that are using the break to apply to business school. They’re hoping next year that when they’re sitting at the table, they’ll be able to say that they’ll thankful for “getting in”. To make the a possibility for as many students as possible, I’ve been responding to lots of email questions this week. One question came from a reader that had a question about career changes in business school. 

In a recent email, I was contacted by someone I met during my BeatTheGMAT.com online chat series. She asked me about career changes in business school. Specifically, about how to move into Private Wealth Management (PWM) from her current career track. She noted that she had moved away from the path that she had intended so she thought that PWM seemed like a longer shot. 

I’l note that I didn’t recruit for the Private Wealth Management industry here at Kellogg.  Likewise, I also didn’t recruit specifically in the finance industry. But I do know a fair number of people that did, and I do still have a few thoughts to share on the topic. See below for her question, and below that for my response.

 

APPLICANT QUESTION

Dear Jeremy,

Thank you so much for your time and for the suggestion. If its OK, I have one more formidable challenge in addressing my application. I am from an engineering background, with 3 years of experience in sales – financial products, insurance industry. I have a very good record in performance and was in the top 10 of the region consistently. However, due to a stalled career and little growth prospects… i got bored and due to lack of further personal and professional growth..clubbed with a mandatory topological relocation.. I took up the opportunity at a start-up..as a Strategy and sales consultant…and have done pretty well here.

My challenge here is that my interest is in Private Wealth Management, that cropped from my exposure to financial products while with my earlier company. But however, my present industry is Advertising and marketing… so my biggest concern is how do I relate my goals and interest to my present job and validate my interest in PWM?? because the shift in industry and job role isn’t realy easy to connect to my goals. My apologies for the long mail– I just thought U should get a more or less clear idea about my background..to get a good advice from you.

Any insightful suggestions would be much appreciated…

P.S: On a personal note, I’d also like to know what would u have done had u been in my shoes?? :)

Thanks you in advance!

(Name)

 

MY RESPONSE

(Name),

No problem on the email. Happy to help however I can. So if I interpret correctly, you spent some time working in the sales and marketing space and currently work for a startup, but you want to go into PWM. after business school  Is that correct? If that’s the case, then even though you have a bit of work to do, the transition may not be as far fetched as you think. 

Before, I jump straight into the question, I’ll point out that your diverse background is certainly not a bad thing. In fact, having a diverse background is often times a strong plus. It shows you can succeed in lots of professional environments, that you can work well with all different types of people, and that you have variety of skills and interests that could translate across a number of employers. And one of those employers could very well be in the private wealth industry. 

In terms of the career change, there are usually two simple things you will eventually have to prove – that you can do the work itself and that you’re a good fit for the firm and industry.  Both things are very achievable but as you might suspect they also both take a bit of work.  Below, I’ll talk briefly about both. 

First, you’ll have to prove you have what it takes to do the job. For recruiting, PWM teams put an emphasis on sales skills, financial acumen/skills and understanding of the markets. It sounds like you’ll have a head start on sales/marketing part given your background, which is good news. Kellogg and most other top MBA programs also have great marketing classes that will also be very helpful.  In terms of the financial acumen, that’s something I bet you can pick up in business school as well. Not only will you have a chance to pick a lot of it up once you get to business school but it sounds like you also know a bit about financial products now, in your current role. In the mean time, it can’t hurt to continue to increase your knowledge in that area. Take an extra class. Read the WSJ a lot more. And study the industry. Keep in mind that you may be competing with people from the finance industry and with bankers for these jobs, so knowing as much as you can will be helpful.  And third, you should also study the markets in general.  From what I hear, everyone that interviews for PWM is asked about the markets. How are the markets performing? What’s happening today? And what insights you have for the future? So understanding that will be very important. 

After getting through that part, you’ll also have to make sure you’re a good cultural fit for the industry and specific firms you want to interview at. People at banks tend to work longer hours, like working with numbers, think very analytically, and often have a lot of energy. And PWM folks specifically also tend to have certain types of personalities. Usually very outgoing, collaborative, high energy, and people oriented.  Getting to know them during the recruiting process in the fall will be very important. Not only to show them that you can fit in but also that you would enjoy working in the environment and with their teams specifically. This is true in most industries on business school campuses, but in PWM, it’s definitely very important. 

But perhaps just as important as all of this is to keep in mind that people change careers all the time in business school. Some people switch between finance, startups, consulting, general management, and marketing. And not just comparing pre-MBA with post-MBA but also taking into account summer jobs. As such, most people can get a job in an unrelated industry from a top school, you’ll just have to prove focus and be sure to put in the hard work to make that happen.
That said, I’d also say that nowadays, it’s harder than ever to make drastic career switches. Not only are there less opportunities, given the economy but candidates in all industries are stronger than ever before. So you’ll have to work extra hard to make it happen. You’ll have to make sure you study finance, marketing, and the markets. For some people, they have to use the internship as a stepping stone, only to get their perfect job the next year during full time recruiting.  But if you put in the work, it’s definitely a real possibility. 

All of this infomratoin should fit very well into your essays. You just have to be sure to show focus and to tell the right story. Hope this helps.

Good luck. And Happy Thanksgiving!
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Applicant Question: What Qualities Does Kellogg Look For?

November 22nd, 2011 No comments

Every year, thousands of people apply to business school and apply to Kellogg. Senior managers looking to transition from one firm to another.  Former consultants and bankers looking to gain credentials to go back to their former firms. And recent graduates ready to gain access to more opportunities and take on the world. Despite their differences in backgrounds they do all share one commonality. They all want to figure out how to get in to business school, including Kellogg.

In a recent post on BeatTheGMAT.com a person asked me about just that.  In short, they wanted to know what Kellogg loos for. Her full question was: “When you interview a first year candidate, what qualities do you specifically look for ? How do evaluate ‘fit’ for Kellogg?”

In part, this is a tough question because there are so many moving parts to an interview and so many possible answers here. And it was also tough because I had very limited time to answer the question, given I was on a chat forum. Maybe just two or three minutes. That said, I did have a few thought to share. See below for my response. And below that for her counter response.

And also be sure to check out BeatTheGMAT.com and BeatTheGMAT’s Kellogg Wall for similar question on MBA admissions.

ORIGINAL QUESTION

When you interview a first year candidate, what qualities do you specifically look for ? How do evaluate ‘fit’ for Kellogg?”

 

MY RESPONSE

Great question. First, I’ll note that everyone’s interview is very different, so you can’t necessarily predict your interview experience. That said, there are a few things that Kellogg likely assesses candidates for. I’ll provide three here:

1) Culture. The Kellogg culture is vibrant, fun, and high energy. People also spend a lot of time working in teams here, so the ability to show cultural fit is key. While there’s not one specific way to do this, focus on being yourself, on demonstrating how you like to work in teams, and on being personable.

2) Communications skills. Because spends so much time in teams and focused on leadership development, people here tend to be very good at communication skills. So high energy, ability to tell a good story and convey a message, things that are not only important here at Kellogg but also professionally after school is over.

3) Being well-rounded. As a general management school, being well-rounded is also important. That means displaying a high number of interests and skills. A propensity to work on a number of different business issues rather than just being a finance person or a marketer. And the ability to work with a large number of people. Further, if you work hard during your day job but area blogger, singer, dancer or anything else, make sure to discuss those things. You’ll likely be better off.

 

APPLICANT RESPONSE

Thanks Jeremy.. big fan of your blog.. I also hope to create a blog which is as organized as yours by next year..once I get thru one of my top choice Bschool..

 

MY RESPONSE

Thanks for the follow up message. Blogging takes a lot of work, but for many is well worth the time. Feel free to let me know once you get started. I’d love to have a look.

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When to start worrying about classes?

November 21st, 2011 No comments

A week or two ago, a good friend had just received the results of her midterm exam. I don’t know what her final score was but she clearly didn’t do as well as she wanted.  She was wondering what she should do to make sure she does well in the class. She asked me, How long before I should start worrying? Should I start preparing for the final now? And does the midterm really matter? All good questions, especially because I don’t think there is a real answer that works for everyone.

First is the obvious answer. “You should NOT worry.”  Most people would tell you that in business school, grades aren’t all that important so worrying isn’t worth the effort. They’d ensure you that most of the time grades don’t make a difference, as recruiters often don’t ask about them. they often don’t come up in interviews, and they often don’t fit into any of the applications you might consider submitting.

Similarly, you’ll also hear that in business school people won’t put in as much work for the rest of the class as they might if they were in law school or a PhD program.  So because the competition might not be as stiff, you shouldn’t worry because you still have plenty of time to figure it out all out.

But putting all of that aside for a second, let’s assume that grades are important for you and that people will try.  Then, the next question that comes up is the one she actually asked. When, should she “worry”?

My first response is, You should NEVER be WORRYING.”  The psychologist’s argument would probably be  that worrying is a waste of time. That it’s not a useful way to improve performance. It also often doesn’t change the outcome in the end. And that instead, it makes you jittery and distracts from you from other important things you have to get done.

That said, my response my be similar to that. I’d say that you should do your best not to worry, but that you should be thinking about them, given there are only a few weeks left.  So figure out how to channel your energy appropriately.

In business school things are busy.  So you have to think about things early. For class, that means making sure you don’t keep falling behind. Getting your hands on all the handouts and printouts. Organizing the concepts not only to be printed but also in your head to better conceptualize the class. And thinking about if you need a tutor. This all before you even start learning anything.

After that, then you have to schedule time to spend reading and learning the material. Schedule time with a classmate or tutor. And schedule time to see the professor if needed. And then schedule time to learn it on your own again before the exam.

So given that, my answer is the same – don’t worry, because worrying will slow down the process. Especially, now you’ve got lots of other things to do before you can even study.

That said, I know some people that never “worried” or “started thinking”  about the content until the final week of the quarter.  And others until the final days of the quarter. And they still got A’s in the class. This happens a fair amount of the time in business school. But it’s not the most common case.

Either way, don’t worry. Just think about the timeline that works best for you, and take action accordingly.

Good luck.

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Applicant Question: Preparing to Apply to the Kellogg JD-MBA Program

September 5th, 2011 No comments

Every fall around this time I start to get this question a lot. Am I a competitive applicant to the JD-MBA program? Can I get into Kellogg and into the law school?  Do I have enough years of experience? And is my GMAT / LSAT score good enough. Well, in a recent question from one of my readers, I was asked about the odds of getting into the JD-MBA program as well as what the required GMAT score is to get in.  Because these are questions on everyone’s mind, I’ve decided to put my answers to those questions here as a blog post. See below for the reader’s question, and below that for my response.

 

From: (Name)

Subject: Preparing for the Northwestern JD-MBA

Jeremy,

I would like to say I have just recently found your blog during some research on the JD-MBA program and I am enjoying every bit of it. As I am entering my senior year at the University of Oklahoma, I was wondering on the possible outlook of getting into the JD-MBA program at Northwestern. I will have completed 2 majors (Marketing & Entrepreneurship) along with 2 minors (Management & MIS). I may extend my stay and also major in MIS rather than minor (3 majors, 1 minor). My GPA as of now is a 3.4. Community service is approaching 200 hours now and I have completed an internship with a company the past 2 years in a position that is usually held by a post graduate. Is there a chance of making the illusive jump from college straight to the JD-MBA program? Also, what kind of GMAT score should I aim for? Thanks for any help and advice you could provide. I look forward to reading the rest of your blogs.

Best,

(Name)

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Hi (name),

Thanks so much for writing, and congratulations on your achievements in undergrad so far. I hope that you are satisfied with your experience.

I am glad that you are interested in the JD-MBA program at Kellogg.  Broadly speaking, our programs gets applications from people with a very wide range of personal and professional backgrounds. As a result, the list of undergraduate majors and universities, job experiences, backgrounds, grades and test scores can be very diverse. And I would say that this isn’t just true of Kellogg or our JD-MBA program but that many of the top MBA programs around the country aim for the same level of diversity of students.

With regard to your email, I noticed two specific questions that you had. First, you asked about the required GMAT score to be accepted. And then you asked about applying to the JD-MBA program out of your undergraduate program. I’ll answer both, in part by pointing you to previous posts I wrote on the topics.

First, with regard to the GMAT,  I would say that formally there is no minimum GMAT score required to be accepted into any MBA program. And every single school will tell you the same thing. Every year, schools accept applicants with a wide range of test scores (and GPAs), some of which might really surprise you. That’s because in a lot of cases, candidates offer a lot more to a school than a high score. Some offer many years of work experience; others offer unparalleled community involvement and impact; while others offer an unmatched level of leadership capacity in the eyes of the admissions committee.

That said, the majority of successful applicants to top business schools, and particularly to the Kellogg JD-MBA program have high GMATs (and GPAs). In the last few years, the average GMAT at top five MBA programs has been around 710 and in the JD-MBA program has been closer to 730. Likewise,  the average GPA is usually over 3.5. And many of the folks I know did better than that.

In the end, that means do you best to get the highest score you can, especially if you are in no rush to apply by an approaching deadline. And even if there is an approaching deadline, I’d still say focus on attaining the highest score, within reason, that you can get, as putting your best foot forward is always important when applying to competitive graduate school program.  For a more complete answer to this question, please see my post about GMAT scores here: http://www.jeremycwilson.com/2010/01/is-my-gmat-good-enough-to-get-in/

Second, with regard to being a young applicant, I would say that you should be sure to target programs that routinely accept younger applicants. Years ago MBA programs did routinely admit younger candidates. I’ve met a number of alumni from my undergrad that went to business school about 20 and 30 years ago, and the vast majority of them went straight out of undergrad.

In the 80s and 90s that changed, and MBA programs started accepting more people with more years of experience. In large part, this was one way to make the classroom experience and discussions better and also a way to ensure that students could make the most of the experience. Even today, many older candidates often tend to do a better job at getting more out of the classroom and recruiting experience than younger/less focused candidates.

In recent years however, MBA programs have began trending down again in terms of preferred years of experience. Today, many of the top schools in the United States welcome applicants with 0 to 2 years of experience. In fact, schools like Stanford, Harvard, and Sloan are openly taking more and more younger candidates, many of which are straight out of college.

From what I’ve noticed, most of these younger applicants submit applications with GPAs and GMAT scores since they have less work experience and community involvement to point to in an application. Many of them also have strong letters of recommendation, sometimes from professors, because these letters provide more insight about the candidate since they can’t talk about as many accomplishments on the job.

Likewise, JD-MBA programs have also traditionally welcomed younger applications. Because while business schools usually prefer a couple of years of experience, law schools have traditionally taken students with little or no work experience.  On the other hand, the Northwestern JD-MBA is just the opposite, where the typical student here has nearly five years of experience. The JD-MBA program at Wharton/Penn is similar.

So to directly answer your second question: making the jump from undergrad to Northwestern’s JD-MBA program would be difficult given the age/experience discrepancy. If you’re dead set on going straight into a program, then you would have to find programs that take applicants directly from undergrad. On the other hand, if you’re set on applying to Kellogg’s program, than you’d be best served by working at least three years and then applying once you have more experience on your resume.

For a more complete answer to your ‘years of experience’ question, please see my post about younger applicants at: http://www.jeremycwilson.com/2009/08/early-career-mba-applicants/ And if you have any other questions about the program, or other programs around the country, please don’t hesitate to drop me a line.

Best,

Jeremy

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Fall 2011 MLT Info Sessions at a Location Near You

September 3rd, 2011 No comments

Greetings everyone! I hope you are all having a good start to the Labor Day Weekend. Things are off to a good start here in Chicago. Not only have people been out and about in the city but also Kellogg CIM week has finally come to an end this week. Anyhow, I just wanted to pass along the word about some of the upcoming MLT and MBA Prep information sessions that are taking place in many of the major cities all across the United States.

As many of you may know, MLT is one of the premier career development organizations that equips high potential minorities in the United States. MLT has traditionally had events like these to inform people all over the country about the organization and to introduce them to alumni of the program. If you’re interesting in attending one of the events CLICK HERE to see the event calendar. If you find one that makes sense for you to attend, please CLICK HERE to RSVP.

As mentioned above, at the events, MLT national representatives and program alumni will give an overview of the program, share personal perspective, and answer your individual questions. Likewise, if you have any comments or questions in advance of attending, feel free to contact me as well.

See below for a listing of some of the upcoming events. MLT looks forward to seeing you there.

 

 

MBA Prep Info Session – Dallas

MBA Prep Program
September 7, 2011

Partner Host – Booz & Co – Dallas

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 PM – 8:30PM

Attire: Business Casual Register Here >

MBA Prep Info Session – New York

MBA Prep Program
September 8, 2011

Partner Host – NYU Stern School of Business

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

MBA Prep Info Session – Minneapolis

MBA Prep Program
September 13, 2011

Partner Host: Target – Minneapolis

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

MBA Prep Info Session – Chicago

MBA Prep Program
September 14, 2011

Partner Host – Chicago Booth School of Business

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

MBA Prep Info Session – Boston

MBA Prep Program
September 20, 2011

MIT Sloan School of Management

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

MBA Prep Info Session – Atlanta

MBA Prep Program
September 21, 2011

Partner Host: Deloitte – Atlanta

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

MBA Prep Info Session – Philadelphia

MBA Prep Program
September 27, 2011

Partner Host: Wharton Business School – Philadelphia

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

MBA Prep Info Session – Miami

MBA Prep Program
September 29, 2011

Partner Host – Knight Foundation – Miami

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

MBA Prep Info Session – Washington, D.C.
MBA Prep Program
October 13, 2011

Partner Host: Deloitte – Washington, D.C.

Join MLT staff, fellows and alumni for an informative evening of program highlights and personal perspectives. The info session will include a live presentation by MLT staff,  panel discussion with program Fellows and Alumni, audience Q&A and networking. Join us.

Time: 6:30 – 8:30 PM

Attire: Business Casual Register Here >

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Attend a Kellogg MBA Information Session on September 6, 2011

August 17th, 2011 No comments

The Fall season is one of my favorite times of the year.  Not only because schools starts back up again but also because the MBA admissions cycle is in full swing. That means students will become visiting campus, sitting in on the classes, and contacting current students looking for a golden ticket to gain admissions into top MBA programs all over the country. Well, in addition to that, a lot of programs also hold information sessions across the country. And one of them happens to be put on by the Kellogg School of Management in early September.

At long last, the admission seasons is finally ramping up again. As such, I wanted to write a quick post to inform you about an upcoming Information Session in Chicago.  Since Chicago is a hub for people that apply to the Kellogg School, I thought I would pass along the official invitation for the event, which is put on by the Kellogg admissions team. I suspect that many of my readers might be interested in attending.

The event will be the first of two events that are held in Chicago. This one will be held on September 6, 2011 and the second will be held on a date which is still to be determined.

In general, these events are always a lot of fun. Not only are they are a great chance to mingle with lots of potential business school students, some who may even end up at Kellogg but also a great chance to meet admissions officers and learn more about the school.

See below for a snapshot of the invitation for the event.

 

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BeatTheGMAT and ClearAdmit.com Team Up on New Admissions Product

July 15th, 2011 2 comments

As you know, I spent a lot of time on my site writing about MBA admissions. Well rather than discussing topics that are on my mind today, I figured I’d devote this entry to promote two other organizations that give information and advice about the MBA application process. Recently, the BeatTheGMAT teamed up with ClearAdmit.com to launch a new product which looks like it’s going to be a hit with a lot of applicants. I also think it has the potential to be a great product, as I recently had a chance to do a review last weekend before the product came out.

Just a few days ago, BTG asked me to do a product review of their new MBA admissions tool – a class that is entirely online and that walks the user step by step through every part of the admissions process. BeatTheGMAT has been growing exponentially over the past year, and it sounds like they plan to continue to do just that with this new product. Here below is a short summary of my initial impressions.

The good: The BTG and Clear Admit class does something that no admissions service has done before – they bring together admissions advice with the internet, allowing people to tailor the experience and leverage online to accommodate their busy lives.  They bring in graduates of top MBA programs and admissions teams to take you step by step through the application steps. And they tackle topics that are not only the ones most people are thinking about in the application process but also some you wouldn’t initially consider.

The bad: Admittedly, the online experience may not be for everyone. Some may prefer a real classroom experience, where you can change the direction of the class and go through Q&A as needed. Some people may simply find the internet to be distracting. And others may want to go through the experience/to a class with a group of people rather than by themselves.

More: Online social networks and classes are generally expected to be the wave of the future. This online network allows you to the service when you have free time. You can start watching classes as soon or as late in the process as you would lie to. You can watch and rewatch parts as needed depending on your level of understanding. You can take more notes on your computer as you watch to make sure you capture what’s being said. In addition to that, you can also access the material any time, A slides and outlines are downloadable and printable.

Another main benefit is the fact that the class has multiple instructors. While most other classes provide you with one main instructor, here you get to learn from three different experts, all with unique insights and  experiences in the admissions world. And together, they’ll tackle topics like how to research and select MBA programs, how to write your admissions essays, how to find letters of recommendations, how to market yourself in applications, and much much more.

If you do decide that an online class is for you, then Navigating the MBA Admissions Process might be a good option. The price is not cheap, but $249 is less than you might spend on some other types of MBA courses. You’ll just have to decide what works for you.

To learn more about the product CLICK HERE

And to learn via YouTube CLICK HERE

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Reasons to Go Back to Business School

June 24th, 2011 No comments

A lot of people think about going back to business school, but not all of them actually do. Some defer their admissions for a year.  Others wait until later years to apply. And some people never actually end up applying at all.   But no matter which category you fit in, many of you have still probably considered going back to school. And as such, I thought I’d brainstorm the reasons why some people consider going back

A couple of things to note. First, the list is not comprehensive. There are plenty of other reasons other people might rely on when making the decision. Second, some of the reasons might be more applicable to you than others. Likewise, some probably dont’ apply to many applicants at all. And finally, any combination of reasons could also be relevant to you. And in my case, a couple of the reasons came to mind when I was applying. Either way, I thought it’d be fun and entertaining to share that list here with you.

Without further ado, below is the list. Do any of these reasons apply to you?

  1. You want to increase your earning power and make more money when you graduate
  2. To increase your pedigree
  3. To improve your business profile if you have a non traditional business background
  4. Get a two year vacation, especially if you’re sponsored
  5. You have a lot of money and think business school will be a fun experience
  6. Other people that you admire went so you want to follow in their footsteps
  7. You spent so much time applying that you feel like you have to now
  8. Your company requires an MBA to advance at the company
  9. Because your significant other is going back to school too
  10. To hide from a recession
  11. You lost your job due to the economy so need a way to fill the time
  12. You lost your job due to performance but happen to have a good profile
  13. You want to switch careers and find it hard otherwise
  14. You don’t want to keep specializing at your job and can broaden your horizons at school again
  15. You want to learn the language of business and/or finance and school is the best way to do that
  16. To get ties to a new city or new region
  17. To reflect on your goals and aspirations and find a way to pursue them
  18. You want to build a network as a budding entrepreneur
  19. You  want time to work on your start-up as an entrepreneur
  20. You want to start a company and need resources
  21. Want to improve your education background
  22. You want to change the world
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In Search of Questions from Readers

June 20th, 2011 No comments

Regular readers know that in addition to discussing school, career, and leadership topics, I also spend lots of time answering questions on my site. Particularly questions about MBA admissions.  In fact, I recently looked at some of my most popular posts, and noticed that multiple posts in my top ten were those where I answered questions from my readers.  You can see examples of that HERE, HERE and HERE, among other places.

Well the good news is that I want to do more of the Q&A.  However, starting at some point over the next few weeks, I’ve decided to try a different approach to my Q&A posts. Instead of writing out all of my responses, I plan to leverage more audio and video here on my website. In this manner, I’ll be able to answer questions faster than usual. And I’ll also be able to answer more questions than ever before.

That said, please feel free to send in any questions you have regarding admissions, recruiting, or anything. Likewise, if you know someone who can benefit, I hope you’ll share the site with them. The MBA application process is about to get under way, so I’d love to hear what types of questions you have.

Best of luck everyone!

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2011 Annual BTG Scholarship

April 29th, 2011 4 comments

Over the past few years, aspiring business school students have been applying in large numbers to top MBA programs. Not only do they bring strong work experience from highly regarded companies, but they also come from top academic institutions and get top scores on the  GMAT exam.  As a result, applicants today feel the pressure to submit a top application given the stiff competition, particularly with regard to the GMAT scores which have been trending upwards the past few years. Well one of the best MBA admissions resources I know, Beat The GMAT, has recently launched its annual GMAT scholarship program aimed to help people applying to school.

Given the attention that students give to the GMAT, I couldn’t help but take a second to pass along the information when my friend Eric from Beat The GMAT passed it along. He told me it was that time of year again. When people are gearing up for applications. When they are thinking about the GMAT. And they are about to get started applying to MBA programs.

The scholarship program came out last week. And it is looks to be a great opportunity for those who look forward to embarking on their MBA journeys.  See below for details about the program and below that for a link to the Beat The GMAT website.

For reference, the deadline to submit an application is May 24, 2011.

Best of luck if you decide to apply.

Blurb from Beat The GMAT webpage:

“Beat The GMAT is now accepting applications for the sixth annual Beat The GMAT Scholarship Competition, co-sponsored by GrockitKaplan,KnewtonManhattan GMATMaster GMATThe Princeton Review, and Veritas Prep.  The Beat The GMAT Scholarship is one of the largest GMAT scholarship programs in the world and our community has distributed over $185,000 in awards to date. This year we have seven scholarship packages for seven people, valued at over $8,000! We accept applications up until May 24, 2011 and winners will be announced on June 1, 2011.”

Click here for the website: http://www.beatthegmat.com/mba/scholarship

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Applicant Question: Should I Take The LSAT When Applying to the JD-MBA Program?

April 8th, 2011 2 comments

I recently received a question about Northwestern’s JD-MBA program. The question comes from a potential applicant that has asked me whether he should consider taking the LSAT as part of the application process. I’ve received similar questions on various occasions in times past, so wanted to include the question here on my site, so readers could have a bit more information on how to think about the topic.

See below for the reader’s question and below that for my response.

From: (name)

Subject: LSAT

Message Body:

Hey Jeremy,

I know that Northwestern’s JD-MBA program doesn’t require the LSAT on its app, is there an unspoken expectation? From what you have seen, does it help or hurt to put an LSAT score on the app?  I haven’t taken the LSAT; is it advisable that I do to potentially strengthen my candidacy? Does the admission board view the lack of an LSAT score as a detriment? Not sure how you reply back to people, but you can email me if you’d like.

Thanks, keep up the great work.

(name)

This mail is sent via contact form on www.JEREMYCWILCOM.COM

Hi (name)

Thanks so much for reading my site and for writing in.  And sorry for the late response.  Here below is a quick answer to your question.

You are correct that Northwestern’s JD-MBA program doesn’t require the LSAT on as part of your application submission. And as such, a large number of JD-MBA applicants do not take the LSAT. The specific number of those who actually take it changes from year to year, but my hunch is that more people apply without taking the LSAT than those who apply after taking the test, perhaps significantly more.

It’s likely that this is why many people who apply to the NU JD-MBA program are considering the dual program along with other MBA programs, rather than along with other JD and JD-MBA programs. To that end, you’d be in good company if you decided not to take the LSAT exam, at least in terms of the numbers.

In terms of the score, there’s no question that a good LSAT will stand out from the other applicants and enhance your application to the dual program. Not only does a good score show that you put the time and effort to submit a strong application but it also shows that you care specifically about law school by taking the exam, since it’d be easy to just skip over.  Likewise, doing well can also prove that you are a competitive law school applicant, which would really stand out given that most JD-MBA applicants skew a bit more toward the business side of things.

On the other hand, it is always possible that you may not do as well as you hoped on the LSAT. After all, the exam is quite difficult and some people take it multiple times and still never achieve the score they were targeting. In that case, the tradeoff is that you’ll be spending time and money taking the LSAT even though the result may not be perfect. But not getting the LSAT shouldn’t be a big knock against you given the exam isn’t required. So in the end, the decision may ultimately hinge on how important your time is right now, and on if it’s worth putting a lot of that time into studying for the exam rather than strengthening other areas of your application.

Good luck in your decision and let me know if you have any follow up  questions.

Jeremy C.

 

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Applicant Question: Career Changing and Kellogg Class Size

March 24th, 2011 No comments

The MBA admissions process is difficult to navigate. Not only does it take a lot of work to get admitted but it’s also enormously unpredictable. As a result, a lot of people get started doing research early to get a head start on putting together a quality application. They do their best to get good scores and write great essays, and they  also do a lot of research beforehand to find a school that’s the perfect fit. With that in mind, I recently received an email from one of my readers about my experience at Kellogg as she is gearing up to apply to business school next fall.

Over the past few weeks, I’ve gotten a pretty large number of questions about interviews from aspiring MBA and JD-MBA applicants. Given the applicant pool for top MBA programs is highly competitive, filled with applicants applying with perfect GPAs and GMAT scores, this year, it seems as though a lot of applicants are ahead of the game.

This reader asked me two specific questions. One in regards to career changing while at Kellogg. And the other with regards to the culture at Kellogg, given the size of the school.

See below for the question and below that for my response.

Jeremy,

Thank you so much for taking some time out of your schedule to speak to us and answer questions during the student panel at the MLT Kick off.

As I mentioned, I am interested in transitioning from the oil and gas (energy) industry to the health care industry. Can you provide any insight as to the challenges of going through a career change during the MBA process?

Also, more specifically to Kellogg, I am really interested in applying. However, I am concerned about the large class size and whether it hinders a close knit community feel between the students. Any thoughts on the culture at Kellogg and your experience in general? I’ve read a lot about the reasons to go to Kellogg School of Management at Northwestern, what are some of the reasons why someone should not go there?

Thanks again for your time and I look forward to hearing from you.

(name)

—-

Hi (name)

Great to hear from you. And sorry its taken a few days to get back – we’ve been taking final exams all this week. That said, I’m glad I was able to make it out to Charlottesville to speak to the group.  Here are a couple of quick responses to your questions.

One, career change is hard but it is doable. I mentioned this in the session a few times – that changing careers in school is not a walk in the park. Why? Because there are usually fewer spots available than there are people going after the spots. So if two people with similar credentials are applying for the same roles, the one with the better background, more relevant story, and more applicable skills might have a bit of a better shot at getting the job offer.
However, fortunately there is good news too. One is that you get two tries to find your perfect role since you can recruit both in the summer, and then again for a full time job in your second year.  Second is that the career change you mentioned is seemed pretty aligned with some of your skills so you’ll definitely have a head start on people doing a pure change.  Likewise, if you know exactly what it is you want to do ahead of time, the process is usually much easier, especially if its a job in industry rather than services.
So while the consulting/banking route might be saturated with lots of people and have a somewhat ambiguous process that doesn’t always reward those who do the most research, the healthcare industry is more specific and you can specific knowledge to really stand out. And finally, another thing to note is that most people go to business school to do some sort of career change. And everyone comes out with a good job. You just have to work hard to make sure you’re successful.
Two, you’re absolutely right. Kellogg is definitely bigger than some of the other schools you might be considering – Berkeley, Stanford, Yale, Duke, Tuck, and Johnson to name a few.  On the other hand, Kellogg is also smaller than some of its peer schools – HBS, Wharton.  To that end, I’m of the opinion that picking the right class size for a school really comes down to personal preference, since there are pros and cons to the different classes sizes.
The advantage of a smaller class size is obvious – you get to know a majority of the students there, on average you get to know students a little better than you otherwise would, and often times the community and alumni base is more close knit. On the other hand, a big class size also has its advantages. Big classes usually translate into having more alumni taking part in more activities, more access to professional resources, more on campus activities, and more classes offered by the school.  So in the end, I think it’s a pretty personal decision. Personally, I’m glad I chose big. And even though Kellogg is about 600 students per class, I’ve still developed a good number of close friends.
Anyhow, I hope this information is helpful. My contact info is below in this email. Please do not hesitate to keep in touch as you navigate the admissions process. Also, feel free to reach out if you make it out to visit Kellogg at any point. Happy to help however I can.
All best,
Jeremy
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Congratulations Kellogg Class of 2013 MBA Admits

March 23rd, 2011 2 comments

Waiting for a business school admissions decision can feel like one of the hardest things in the world.  Not only do you not know whether you’ll get in or not, but you also don’t know when they’re actually going to contact you, at least not for most schools. Well, after weeks of waiting patiently, and after months of applying to schools all across the country, Kellogg applicants have finally been receiving their admissions decisions this month. And over the past two days, a couple of my good friends have recently been admitted.  So to the members of Kellogg’s Class of 2013, congratulations on your acceptance!

Hi everyone, I’m writing here just to send a quick congratulations to everyone who has been accepted so far.  For those of you who are seriously considering Kellogg, you should definitely make sure you come to Day at Kellogg (DAK) to see the campus and meet your potential classmates before making your final decision.

As an applicant I went to Kellogg’s DAK weekend and had a blast. Likewise, I also went to DAK 1 earlier this year (click here to see my post on DAK 1) to meet the new crop of admits, and plan to come out for DAK 2 this year to meet some of the new ones. Hopefully, I’ll see you there for the weekend.

Best of luck to everyone else still waiting out admissions decisions.

And best of luck to my friend from Kenya who is planning to apply in round three.

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Welcome to Evanston!

February 10th, 2011 No comments

To the applicants admitted to Kellogg’s Class of 2013 who are here for Day At Kellogg, otherwise known as DAK, welcome to Evanston! Hopefully you are excited about the opportunity to meet potential classmates, learn more about Kellogg, and decide if this is a place you want to call home for the next two years. Likewise, congratulations on your achievement. For many of you, the journey to Kellogg and to Evanston has been long.

Choosing to come to Evanston this weekend is definitely the right choice.  It’s a chance to come see if this is a place you can call home. If the culture, energy and dynamism is a place that feels like a good fit for you. Meanwhile, be sure to speak with the students you get the chance to meet. Elicit their perspectives. Hear about their successes with their job search process, and also their struggles. See what clubs they lead and which ones they wish they could lead. And hear about the opportunities that they’re currently pursuing. And above all, engage!

One thing we learn here in business school is that the experience flies by.  Not only because two years is a short time period, but also because there are dozens of competing priorities at any given moment, all competing for your attention at the same time. Friends, assignments, networking events, recruiting, exams, club activities, and taking part in activities outside of Kellogg, just to name a few. Likewise, the weekend will probably fly by quickly for you.

So along with the great opportunity to come to Kellogg and take a break from work for a few years, you still have to constantly engage and do your best to optimize your experience. Hopefully you’ll start off by engaging in the activities at DAK this weekend.

Best of luck during your visit. And as I mentioned in my previous post, feel free to say hello if you catch me around Jacobs.

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