U.S. News has just published their 2008 rankings. The top 5 are the usual suspects - Harvard, Stanford, Wharton, Sloan, and Kellogg. Looks like a little reshuffling, but nothing shocking. See how your school ranks. Link: U.S. News 2008 MBA Rankings
Last week I met with a LAMP client
who is shrewdly starting now to prepare for his fall application. We
went over his profile, and I made several suggestions as to what he can
do between now and this fall to improve his chances of acceptance next
year. He found the session very valuable. And again, I commend him for
starting early to work on his application. I want to be able to commend
and mentor and help prepare more of you.
For years I have
encouraged MBA applicants to lay the foundation for their MBA
application in the months before applications come out. That's why I
wrote Best Practices for MBA Admissions,
a featured ebook this month. That's why Accepted has hosted MBA
Admissions Telethons and teleseminars. And that's why Accepted is
introducing a new subscription form of MBA Admissions Consulting: Start Smart ™.
With Start Smart,
you can meet up to one hour per month with your adviser, an experienced
Accepted consultant and editor who for years has seen what works and
what doesn't. Our experienced staff shares my frustration when talented
but flawed clients come to us in September wanting to apply in Round 1
and hoping that a magic wand will make them competitive. We don't have
that wand. We do have decades of collective experience that we would
like to share with you on an individual basis through Start Smart.
think, "I've never been in the military. I'll skip this post and these
articles." The articles have lessons for all MBA applicants, at least
those of you trying to demonstrate leadership. And that should be all
the broad banner of leadership I see specific strengths: strategic
vision, commitment to the mission, accountability, integrity,
flexibility, interpersonal skills, communication skills, and a
commitment to equip and empower their teams to achieve excellence. A
good officer needs to be comfortable throwing on some camouflage paint
to lead his enlisted troops on a mission to neutralize a group of bad
guys hiding out in Fallujah. He needs to be equally comfortable
standing before the commanding officer in the Tactical Operations
Center to report on the results of that mission. That kind of
flexibility is rare in the business world, and it is part of what makes
military officers with MBAs such a prized commodity."
So you didn't neutralize a group of bad guys in Fallujah. When have you
worked closely with subordinates and superiors to achieve a goal? When
have you set a vision and helped your team pursue it? When have you
communicated with diverse stakeholders? How can you demonstrate your
Probably you can't demonstrate the
responsibility shouldered by a man or woman coming from the military
officer corps, but these articles give you multiple clues as to the
subsets of leadership you want to reveal in your essays even if you
never touched an AK-47.
Do you speak the MBA lingo? MBA Dictionary is out and as of 2/27/2008 it is taking user vote counts and contributions. (Hat tip to Seattle PI). The page is decorated with screenshots from Office Space and includes such examples as (though many are serious or maybe I just did not catch the humor):
bring to the table (v. phrase)
Refers to what one offers or provides, especially in negotiations. Personally, I bring a fork.
It's true that Shakespeare used "dialogue" as a verb ("Dost Dialogue
with thy shadow?"). But I've got news for ya, buddy: You ain't no
Shakespeare. Resist the temptation to use this utterly superfluous verb as
a substitute for "talk" or "speak." Usage example: “Let’s dialogue
telephonically via land line," meaning "call me at the office."
Value proposition (n.)
The unique set of benefits that you offer to customers to sucker them into buying your product or service. Sometimes shortened to "value prop," as in "What's your value prop?" Word.