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Others have no preference. I would visit beforehand, because it could considerably improve your essays if you know what the school is like in actuality and not in brochures.
Do all schools invite you for an interview and how do people from here manage to coordinate all of these in one week? If you travel before applying I think you can fit school visits per week, though it'll be very tight. If you schedule early I think they'll accommodate your requests so that you could build a reasonable schedule. As for the schools that don't offer you an interview in advance, or to which you can't travel: If indeed schools invite you to interview and you decide to travel again, I doubt whether you'll be able to fit a few schools in one trip, since each school has its own deadlines and schedules.
If for example you apply R1 to all schools you might get an invitation from one school in early November and from another in January if they do invite you at all.
Interview in Israel or over the phone with those that enable you to do so, and save your second trip to your 1 choice, if you haven't yet interviewed there and indeed they invite you and if you can fit others at the same time it's a bonus.
Beyond that, I am not familiar with the program. Always waive your right. Schools don't like it when applicants ask to view recommendations. Schools ask you this question because they are obliged to do so by law. The law states that applicants are entitled to review certain parts of their file they desire to do so. In any case , I don't know of any rule that forbids your recommenders to show you what they wrote out of their own initiative, and not via the school.
I really have a dual situation: I was never in your shoes so take my advice with a few grains of salt, but maybe you should consider taking a year off from Tel-Aviv, and working on your US applications. Schools not only know this, they encourage it. In any case , with regard to the previous posts, are you sure you want to lie about or hide this information in your application? Again, Caveat Emptor, I'm only going for one MBA so I'm not the best person to seek advice from on this, but maybe you should take a year's break and see where you're headed.
I would like to ask you to elaborate a little more on the subject of the school from which a candidate graduated. I've noticed you said schools abroad do not care much for the reputation of the school in Israel - does this also extend to studying at a "Michlala" versus studying at a university? If they do care for that subject and I'm specifically interested in the US schools' point of view , how does it come into effect?
Does your GPA gets lowered if you studied not at a university? In other case s MIT for example there may be more of a distinction and more credit given to the Tel Aviv University candidate. And last question though it might seem trivial - how do you convert the Israeli method of grades into GPA? This may change slightly from one school to another. In many case s you will see a converter in the online application.
You can log on to the Columbia online application to see an example. Thank you for your help. I believe, you're right. As I have heard, americans are very strict on the integrity issues.
As I was told, if caught, such case s live a life-long stain on the biography. Have you got any idea how this information is shared? I'm an MD that is planing a career change and as i see it, entering an MBA program in one of the leading US schools can give me an oppertunity to do so.
I'm looking for a school that will help me enter the biotech industry. What are my chances? Shay, MD's who clearly state why the need an MBA and lay out a solid career plan have a pretty good case with most admission comittees.
Your working experience is lower than the average full-time experience for admitted candidates in leading schools. However, your part time and military experiences might cover for that. I took the Entrepreneurship and Private Equity immersion. Taking under account my background in the Entrepreneurship industry it mainly allowed me to understand the perspective of the people across the table using real life interaction. It also allowed me to get broader perspective of the business world which is very important in Consulting.
More specifically, I know that this wider perspective helped me get an interview with BCG and to succeed in the recruiting process. The ones that will get into the Johnson School will get this case during the Analytical Thinking Thread.
This is all thanks to the EPE immersion. I have 2 degrees in Biology from the Technion B. I have moved to Seattle 2 years ago and have worked in Amgen formally Immunex as a Research Associate since then. I have no managerial experience but I hope to be promoted in the coming year.
As I see it now I would like to stay in the Biotech field in a business development department. What levels of schools in the U. S should I aim for? Revital, your background is very impressive! With a bit of managerial experience and possibly even without it , you are a competitive candidate at top schools such as MIT, Duke and Michigan.
With a strong application, you will be reasonably competitive at Wharton as well. I seriously consider university of Washington in Seattle. I know it is not one of the best but do you have any input regarding this university? Do you have any ideas as to how should I prepare for their interview?
I heard of this school but I am not familiar with it. Therefore, I can't give you informed advice about their interview process. You can find some initial, general advice about interview preparation at: Thanks in advance, Revital. Much luck in the process.
Omer, excellent question - you are, generally, very much right. You name it, consultants were doing it: Teams of people would decamp in the telecom giant's Basking Ridge, N. McKinsey, the nation's top strategy consulting firm, was the biggest beneficiary of this largesse. Today, alas, there are no more trips to the slopes.
That's because the former consulting junkie seems to have kicked the habit. Now the telecom company either is doing most of the work in-house or isn't doing it at all. Two years ago Ford Motor Co.
Investment banks Lehman Brothers and Credit Suisse First Boston have gone even further, imposing companywide bans against management consultants. Explains one Lehman executive: And there's no point in hiring a consultant to tell us how to grow in a market that's not growing. All over corporate America, the long-running love affair between big companies and traditional management consultants has come to an abrupt end. Two years into an economic slump, executives are questioning why they've spent the past ten years pouring so much money into consulting coffers and what exactly those huge outlays of cash have produced.
Execs are also realizing that consultants from the so-called prestigious firms just might not be as brilliant as they're cracked up to be. But you have to wonder about the wisdom of the advice McKinsey gave to its longtime client Enron.
Or the value of the analysis it did for Kmart and Global Crossing, two other companies that paid the firm for strategic insights and subsequently slid into bankruptcy.
At the formerly highflying strategy firms, the suffering is palpable. The length of an average strategy-consulting engagement has dropped from between six and 18 months in the mids to just 90 days today, according to Tom Rodenhauser, a longtime industry analyst who runs Consulting Information Services in Keene, N. Getting revenue numbers from these famously secretive firms is difficult. But Consultants News in Peterborough, N. The Big Three are eager to promote the impression that they are handling all this just fine, thank you very much.
But privately, many senior consulting partners confide that it is the worst slump they've ever had to deal with.
Other recessions, such as those in the early '80s and early '90s, prompted many observers to sound the death knell for strategy consulting. And each time the economy picked up, consulting revenues came roaring back. The concept of management consulting was pioneered by McKinsey, which was founded in by an accounting professor from Northwestern University. The upstart firm established itself by helping companies navigate their way out of the Depression and, later, gear up for wartime production.
Decades later, former General Electric executive Bruce Henderson saw huge opportunity in the consulting business. In he started a competing firm, BCG, with innovative theories about business growth and the belief that consultants should be brutally honest with clients.
Ten years later BCG partner William Bain formed Bain with the intention of working intimately with only one client in each industry--a concept that served nicely until the firm started getting big and needed new clients.
All three firms thrived by doing basically the same thing: More important, perhaps, they convinced clients that the consultants were smarter and more objective than the companies themselves. Because many companies' competitors were using consultants, top execs worried they'd fall behind if they didn't use them too. And as time went by the work consultants did for a client often became open-ended, with one engagement bleeding conveniently into another. Leader McKinsey more than doubled its size during the past eight years, to 7, consultants worldwide.
Bain and BCG's ranks ballooned to 1, and 2,, respectively. Big consulting firms work a lot like big law firms: Partners make the big bucks--usually several million a year--and throngs of cocky year-olds do most of the day-to-day work.
And a large cast of characters is typically involved on each project. And that's before you even get to the consultants that are doing the real work," says Jon Katzenbach, a former McKinsey partner who left the firm in to form Katzenbach Partners.
That's a model that today's clients emphatically don't want. They want small, nimble teams of seasoned people who have years of knowledge and experience. And they want practical, highly targeted information and insights that can do one of two things: Terry Laughlin, head of corporate strategy and development at FleetBoston and the guy in charge of hiring consultants for the bank, puts it this way: Clients are also demanding discounts, once unthinkable.
That's when companies hire consultants at all. Many large companies have spent the past few years beefing up in-house strategy teams and are using them instead. Fleet concluded that the practice of constantly hiring consultants prevented it from developing the related skills, knowledge, and expertise internally. The bank now has outside consultants work alongside teams of Fleet people.
Or they simply raid the consulting firms for talent. American Express, which spends a fraction of what it used to on consulting, has picked up at least five people from McKinsey in the past year.
That question is one that McKinsey, BCG, and Bain will have to grapple with over the next few years as they try to prove to clients that they're still relevant--and not, in the words of one West Coast CEO, a bunch of "beefed-up MBAs with big egos who charge a lot to tell executives what they should already know.
For people who make a living telling others how to fix their businesses, the Big Three have been remarkably slow and tentative in taking action to fix theirs.
McKinsey's recently elected managing director, Ian Davis, a year-old Brit who officially assumes the job in July, hasn't made his plans public. But George Stalk, a senior partner who works out of BCG's Toronto office, says that the firm is reducing headcount and the ratio of consultants to partners in order to offer clients the greater access to senior people they're demanding.
Stalk says that the consultant-partner ratio in the U. Bain and McKinsey have also cut staff over the past two years, but they won't talk about numbers. As for Bain, its worldwide managing director, John Donahoe, a year company veteran who lives in Silicon Valley and works out of the San Francisco office, says that it has started hiring partners from outside its ranks--a major departure.
To satisfy clients' demands for seasoned pros, over the past 18 months the firm has brought on 20 new partners, some poached from McKinsey and BCG. Yet at the same time Donahoe defends the practice of importing boatloads of MBAs and sending " case teams" of the young consultants to work with clients.
He argues that their number-crunching and spreadsheet skills provide clients with fresh data and insights. But the Big Three seem to be doing little to counter another threat: Those firms have traditionally helped companies install and integrate complex IT systems, but now they want a piece of the strategy pie. As technology becomes closely intertwined with the overall business objectives of a company, an increasingly big piece of the consulting market is within their reach.
How much of a threat do these firms pose? Donahoe says he's not worried, because Bain is in a much better position to deliver advice to clients about technology than Accenture or IBM: We think that clients are going to be a little suspicious of an outsourcing provider who says, 'Outsource everything.
The firms still house enormous talent and a wealth of knowledge about how successful businesses operate. But their future will look very different. Many people believe that they are going to get a lot smaller. Their partners may splinter off into several smaller boutique firms. Or they may merge with an IT outfit to gain tech expertise and access to new markets.
One thing's for certain, though. There will be no more lavish ski trips anytime soon. The Darden Graduate School of Business Administration at the University of Virginia wishes to invite you to Darden Dinner, an informational event hosted by visiting Darden Alumni and future students, where you could gain valuable insights about the 2-year Darden MBA program in Charlottesville Virginia.
The event will include detailed info rmation about the Darden experience, life in Charlottesville , and the admissions process, and enable you to interact directly with representatives of the school in a relaxed atmosphere.
Darden Dinner will take place on Wednesday, September 24 at 7: To sign-up please visit the admissions website or call Please confirm your attendance as early as possible. Fast Facts about Darden: Darden Dinner can be a great opportunity for you to explore one of the world's finest MBA programs. We look forward to seeing you.
These loans are designed for international students and in most case s cover at least the tuition. Check with individual schools you are interested at by contacting the financial aid office. Yes, we do tend to give equal weight to both parts of the score. However, in the case of international student applicants, whose first language may not be English, we also give qutie a bit of weight to the results of the TOEFL. Schools have "traumas" from people who were admitted and then were unable to be a contributing and successful member of the class - something that causes a slew of administrative, academic and image issues.
TOEFL of and a GMAT verbal score of 35 or so do raise a small concern about your English, a concern that can be alleviated through the personal interview and that can be contered by other strengths.
This does not apply to LBS where they consider a career shift a legitimate reason to apply. Although I do not dismiss pursuing a managerial career in the Hi Tech Area, my primary goal is to make a shift into consulting and its relations. What would you suggest? As you correctly pointed out, it will be a bit harder to excite the admissions guys with this kind of story, but it is not impossible. First, I suggest you tell the truth about your plans. In many such case s, it is because their career plan is not build on solid grounds.
I have emphasized that it should be a helpful tool rather than a critic one, but still, could I influence its exact content without being cheeky? Yuval, you are allowed to meet with your recommenders, explain the process and its importance to them, refresh their mind about your mutual experience and remind them of past events and examples.
You are not allowed to see the recommendation that they have sent to the school. I am a current student at IMD. There are also scholarships for women. Saying that, all these scholarships are partial except for one Latin American one which was a full scholarship. As far as the admissions process goes, IMD really appreciates multi-country experiences. It is very common among my 90 classmates 41 nationalities!
You will have to show openness to multi cultural experiences as part of the admission process. I have been here for ten months and as part of the curriculum I have traveled all over Western Europe, been to two countries in Eastern Europe first time for me and just returned from two and a half weeks in China also first time for me.
What really surprised me is that in China I had no cultural shock whereas a few years ago, when I began working outside of Israel for the first time, in London, I did have culture shock.
I have worked closely and have strong friendships with my Chinese classmates, we did numerous case studies on business in China and I guess that prepared me. Hope this helps and feel free to contact me. I have a strong academic background GPA 3. You have an opportunity to learn from and with a diverse student body.
You meet people from all over the world. It is truly an international community of students, faculty and administrators. There is no better place to be a student. Whether it is the social life or professional life, NY offers you an incredible opportunity. All of the 1st year MBA students have an opportunity to go to the Metropolitan Opera and see a dress rehearsal after studying a case about the Opera house.
You learn from top faculty and you hear from Corporate speakers regularly. Shelley just attended a session with the CFO of Pfizer. Since they work here, it makes it easy to hear from prestigious speakers and alumni. The program itself is flexible. I meant to say "shouldn't", this organization is a bit controversial and, from what I heard, is not necessarily considered a "strong" activity there are different opinions.
For universities I am applying at the second round, does it matter how early into the second round I am applying? How about Colubia and NYU which have rolling addmision? In general, if there are "rounds" it most likely doesn't matter when you applied during the round.
In case s of rolling admission, it is probably best to apply as early as possible. If I were you this would have been my focus in the application, what is very important in this matter is the: You should think hard on these matters and keep working in this sector to support such a case , your organization should be substential and the application should support that by recommenders etc'. Cause if not, you should look into the fine details of recruiting. You'd be suprised to find out exactly how many east coast companies are not willing to travel to the west coast for recruiting.
It's not to say that Stanford or HBS are not a great school, but in terms recruiting most of the companies you could think of will go to almsot all top school to recruit and the only difference would be the number. In addtion, there are companies that refrain from going to some of these schools for various reasons. For that matter, ask anyone who recruits MBA graduates and does get Stanford candidates from a large consulting company if he treats Stanford and Cornell the same.
This is not to say that Bain won't take someone from cornell. Furthermore, in some case s the stident body is different,. Hi Gilam, Thanks for your reply.
Regarding the Gmat - i took a course which i was the top of the class, and the truth is, i expected a much higher score on Math - the preparation tests i took indicated a much higher score but the truth is i am no professional on tests like this, and would like to avoid retaking the if not necessary.
I think the main focus of my application should be, trying to show my other qualities regarding my experience with establishing and buck and boosting projects the entrepreneur side which I can definitely show with great detail on an application. Keep in mind that most schools like to evaluate the candidate on a multitude of dimensions, including leadership skills, teamwork skills, analytical skills, entrepreneurieal spirit and quite a few more I can apply between now and in 2 years the most important thing is to enter a top school after receiving post-graduate work experience, and I could also now decide in which direction my work should be.
Not sure about this. It really depends which school. Uh, I wish there would be an easy answer to this In general, "finance" schools seek competent, mature individuals and not necessarily "finance" guys most of their class probably isn't "finance" guys. I will most appreciate your response. And again, Thank you very very much. That's very high for Israelis, especially your verbal part.
Assuming you have to select one, I would select the higher one. If you have a B. Also, do u have any idea which schools offer some aid other than loans scholarhips.. Virtually all schools offer merit-based full tuition scholarships and part-tuition scholarships. In addition, there are lots of peculiar scholarships e. You will usually know about these only after your admission. We have all the big firms recruiting here on campus: Kearney, Deloitt Consulting and more.
I have had the opportunity to represent the school in the A. We won 1st prize 2 years ago and second prize last year. The consulting club is the biggest club in the B-School here. We consider many factors in the decision - undergrad work; accomplishments; fit with Michigan; community service; career progression, etc.
But, retaking it would be ideal. Also, if you don't re-take it before submitting your application, let us know if you have any plans for re-taking it. I would recommend that you keep up some GMAT study, in case of a wait-list decision, for example. When it comes to scholarships for international students, we are mostly talking about merit-based, rather than need-based scholarships. Ido, you could be admitted with a GMAT of and rejected with a GMAT of , because so much depends on your work experience, recommendations, essays, interview, and the overall quality of your application.
It was tested in my case at least only in a phone interview - i. They did ask me to rate my knowledge in writing. Sure, much luck Ido. Do you want to go this year in any case? If I remember correctly you are just graduating from college now. In that case , I would say yes. However, I also remember that you have significant and very impressive employment background during college.
Therefore, there will probably be a "significant" improvement of your chances especially if your stated goal is to go into the VC world after b-school , but it is not likely to be a "huge" improvement. I saw there are some questions about Kellogg - I am a first year and will happily answer any qauestion. Sometimes the demand for interviews might be more that the supply of alumni time, in that case if the admissions office feels it need it, they will schedule a phone interview with you.
First responses for 1st rounders will start to come probably by the end of this month. The majority however will receive the decision during the last 2 weeks of the round. The event we have january 1st will not include people from the admissions office. There will be a current student and 2 alumni. The main purpose of the event is to share their experiences with you so you will get to "know" Kellogg a little better.
Hopefully this will help you decide if you want to apply, and strengthen your application once you apply. There were two main reasons that made me choose the Johnson School. The first reason was more related to my area of interest, which is Entrepreneurship and Private Equity. I believed that the combination of the EPE immersion and BR Ventures will help me to enhance my experience and knowledge in the area. I am happy to report that this was indeed the case.
I also believe that this is true in other areas such as finance, marketing, operations and more. The second reason was the type of environment that exist in the Johnson School. From one hand it is an environment that will challenge you and push you to your limit, which I believe is the essence of an MBA.
From the other hand it is a very intimate and supporting community that is very important when you are away from home and stretched to your limit studying and looking for job at the same time. The other aspect of the Johnson school community is the extent in which students can get involved and make a difference. The kind of people we are looking to admit to the Johnson School is change agents, people who inclined and attracted to making a difference. We have to provide them with opportunities to make a difference.
As a result I believe the Johnson School is one of the best schools for students who are looking to leave their mark on.
The fact that we involve our students in the admissions process, which is relatively unique, is only one testament to the extent students are involved.
There are many other examples and some of them are elaborated in my introduction. So to summarize, the real life learning experience and the type of culture the school has were the two main drivers to my choice. How much a foreign MBA worth in Israeli job market? Eli, I haven't seen such research for Israel. I do know that Israeli employers appreciate work experience abroad that is closely relevant to their business. Alternatively, in some industries e.
Is it considered as an advantage or a drawback from schools perspective? What made you so attractive to those schools? Thank you for the compliment. I believe that In my case , it was a combination of two factors: Some interesting leadership-oriented achievements such as being elected to student union positions. I am learning the hard way that it's very hard to get in this schools. R2 is even harder - I decided to apply to other schools then I initally thought - I think that if you really want to get in, you should apply to more schools, just in case.
My answer is simple that would be your question, I assume ;-: Other than that, I have 3 excellent recommendations: What do you think are my chances to be accepted? On the basis of this data alone not knowing your employment background etc.
They may accept someone with a GMAT below , but these will be fairly rare case s. I applied in R1, so may consider my experience fresh If you want my opinion about Kellogg interview and that all it is , the second best tip after coming well prepared!!!
I know another interviewer, and think you would find such attitude common. Improvizing a lie which from my personal experience as an interviwer for other causes is the worse.
A personal tip for you would be to avoid any humour similar to that in your above user nickname My Wharton interview was in a coffee shop on a Saturday morning, I wore black pants and a shirt and my interviewer commented that I am underdressed while he wore sweat pants and sports shoes.
My interviewer apologized for wearing jeans. My feeling is better being overdressed than underdressed. It applies to interviews and to life in general Keep in mind that my interviews were conducted in the U.
S so it's totaly different. S it's common to send thank you notes to people who interview you, thanking them for their time. Although I did not send a thank you note to my interviewers, it may be a nice idea to import to Israel n case anybody is interested. Of what I heard from current students including some who interview candidates themselves - always wear business attire, unless otherwise instructed.
You can't control much of the interview, so you can't afford the possibility of making a bad impression right at the beginning. So, wear a suit, shave etc. Many interviewers may consider anything else as lack of seriousness on your side, which is never good.
Worst case scenario - it will be hot, and you'll need to wake up 15 minutes earlier to tie the tie like I needed I'm thinking about registering to the green card lottery and I wonder whether it could prevent me from getting the student visa in a case that I don't win the lottery after getting accepted to a university. Ronnie, I am a very small expert when it comes to post-admission issues In any case , good luck with both the lottery and the admission process! Don't waste your time on different GMAT web sites.
I understand that it's diffrent then other business schools because it is mainly based on the case study method. I think it is a very powerful tool for 3 main reasons: The case method exposes you to numerous industries and companies.
There is a section for international applicants, I think the site is worth checking. Jason Mattera, 20, who is president of the College Republicans, said the group is parodying minority scholarships.
That's just not the case. Actually many Israely employers consider WE as a much more important factor than the degree. Not to mention that if we have to pay back our tuition loan, while earning an Israeli salary it may take us a long time. Another Q is even if someone got a job in the US, what will it be, couldn't he had reach that same position just working? In terms of the job market - this year is definitely much better than the previous one and in my opinon, the next one will be even better.
The exact amount depends on your personal status, i. In addition, many students at HBS including a decent part of the Israeli students receive fellowships on an annual basis. You will get further information about fellowships as part of your admission process.
Is it true, abseed on your exp. Hence, if one RD2 applicant received an invite that means that "all" were sent out and I should probably assume I will not be inviited?
The interviewer is not always the same person - there are a few people who conduct the interviews. Also, at W , what an impact does the interview have on the app, what is its weight? In this case , it is much more an art than a science. All in all, the interview is an important piece in the admission puzzle. The adcom will look at the interview report as one component in the applicant's data and may assign a lot, or little, weigth to it depending, for example, on the report's content and on the report's overall grade was it far off from the other data?
If the interview report is extreme e. Comments such as this one keep me going! I wanted to seek your input on deferrals.
I guess this depends on the school, but do u have general tips. Also, what is the policy at Wht. Omer, we specialize in the admission process, unfortunately I know much less about post-admission issues I do know that the deferellas game is usually highly personalized - per school, and often per case.
Negotiation and persuasion skills often play a big role in this game, and school rules can be flexed for the right candidates and the convincing case s. I would like to get some general idea about my chances in getting to an MBA program in the US with the following:. It would be realy great if you could recommend me where should I apply for an MBA program.
What's the learning method? I received my FA letters so in Wharton's case it is enough. You should ask your bank to provide a translated statement describing your financial records and stating that you don't owe anything as far as it knows.
Regarding the costs, I didn't pay a thing as far as I know I broke it down to two parts. Going from philly to london to israel vacation to St.
Louis to philly with big suit case s was a bit crazy, but it was a helluva time. Even more in some case s. Some manage to pay back, some are still carrying it after 5 years friend of mine from Chicago, IBer in the UK.
I'd really like to go to the Blue Devil Weekend, meeting the students and faculty I'm going to spend so much time with. It's also going to be a lot fun too Especially the "Drinking Beer and then Running" event: Tom92 25 years old. Ellen63 62 years old. Paradiver 54 years old. Curiousnewyorkmale 45 years old. NitzNitz 28 years old. Toar 29 years old. Shelly11co 29 years old. Dory01 60 years old.
Dorin 25 years old. Chen 28 years old. Eyallevy 34 years old. Guygot 26 years old. Matti68 20 years old. ARIE 19 years old.