Intersecting Minds: Education, Business and Technology at the North Carolina State Jenkins Graduate School of Management
Hiding From the Recession
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CNN Money has an article up this morning about the jump in MBA applications, and strategies for admission, as more and more battered job hunters seek shelter from the rough economy. The columnist points to four key tactics for a successful application:
- Emphasize ethics
- Don’t overlook after-work activities
- Focus on the future
- Don’t neglect the basics
To this I would add: Prepare, prepare, prepare for that interview. With the huge number of well-qualified applicants on paper, the interview is your most powerful opportunity to differentiate yourself. You have 30 minutes to articulate the reasons you’re qualified AND deserving of a place within that institution. I would recommend treating it as a job interview. Do your research and have your friends or family grill you with questions.
The Mad Dash to Business School
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Congratulations to President-Elect Barack Obama. He will face a number of challenges when he comes into office, including an economy that has been thrashed by the financial crisis. More relevant to this blog, America’s economic woes have caused a boom in the number of MBA applications across the country as people seek refuge from the crisis.
Here are some statistics from a recent article in the Wall Street Journal:
New York University Stern School of Business reports a 30% increase in attendance at off-site information sessions this year. Northwestern University Kellogg School of Management has had a 22% increase in applications so far. University of Chicago Graduate School of Business says it is seeing significant increases in inquiries online and attendance at information sessions. And University of Michigan Ross School of Business says that campus visits by prospective students have more than doubled….
U.S. GMAT registration volume for the first nine months of this year totaled 129,902, up 5.1% from the same period last year. Veritas Prep, a test preparation and graduate-admissions consulting company, says its GMAT test-preparation registration has gone up 50% since June.
