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	<title>GMAT MBA Prep &#187; MBA Application Tips</title>
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	<description>Free GMAT Practice Tests, Best MBA Programs, MBA Scholarship</description>
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		<title>Who Doesn&#8217;t Need a MBA Degree</title>
		<link>http://xingfu.us/mba-application-resources/who-doesnt-need-a-mba-degree/</link>
		<comments>http://xingfu.us/mba-application-resources/who-doesnt-need-a-mba-degree/#comments</comments>
		<pubDate>Thu, 31 Mar 2011 19:41:57 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Programs]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=618</guid>
		<description><![CDATA[Business schools have long sold the promise that, like an F1 driver zipping into the pits for fresh tyres, it just takes a short hiatus on an MBA programme and you will come roaring back into the career race primed to win. After all, it signals to companies that you were good enough to be [...]]]></description>
			<content:encoded><![CDATA[<p>Business schools have long sold the promise that, like an F1 driver  zipping into the pits for fresh tyres, it just takes a short hiatus on  an MBA programme and you will come roaring back into the career race  primed to win. After all, it signals to companies that you were good  enough to be accepted by a decent business school (so must be good  enough for them); it plugs you into a network of fellow MBAs; and, to a  much lesser extent, thereâ€™s the actual classroom education. Why not just  pay the bill, sign here and reap the rewards?</p>
<p>The problem is  that these days it doesnâ€™t work like that. Rather, more and more  students are finding the promise of business schools to be hollow. The  return on investment on an MBA has gone the way of Greek public debt. If  you have a decent job in your mid- to late- 20s, unless you have the  backing of a corporate sponsor, leaving it to get an MBA is a higher  risk than ever. If you are getting good business experience already, the  best strategy is to keep on getting it, thereby making yourself ever  more useful rather than groping for the evanescent brass rings of  business school.</p>
<p>Business schools argue that a recession is the  best time to invest in oneself. What they wonâ€™t say is that they also  need your money. There are business academics right now panting for your  cheque. They need it to pad their sinecures and fund their threadbare  research. There is surely no more oxymoronic profession than the tenured  business-school professor, and yet these job-squatting apostles of the  free market are rife and desperate.<br />
<span id="more-618"></span><br />
When you look at todayâ€™s most evolved business organisms, it is obvious that an MBA is not required for business success. Apple, which recently usurped Microsoft as the worldâ€™s largest technology firm (by market capitalisation), has hardly any MBAs among its top ranks. Most of the worldâ€™s top hedge funds prefer seasoned traders, engineers and mathematicians, people with insight and programming skills, to MBAs brandishing spreadsheets, the latest two-by-twos and the guilt induced by some watery ethics course. </p>
<p>In the BRIC economies, one sees fortunes being made in the robust manner of the 19th-century American robber barons, with scarcely a nod to the niceties of MBA programmes. The cute stratagems and frameworks taught at business schools become quickly redundant in the hurly-burly of economic change. Iâ€™ve often wondered what Li Ka-Shing of Hong Kong or Stanely Ho of Macao, or Rupert Murdoch, for that matter, would make of an MBA programme. They would probably see it for what it is: a business opportunity. And as such, they would focus on the value of investing in it. </p>
<p>They would look at the high cost, and note the tables which show that financial rewards are not evenly distributed among MBAs but tilt heavily to those from the very top programmes who tend to go into finance and consulting. Successful entrepreneurs are as rare among MBAs as they are in the general population. </p>
<p>They would think to themselves that business is fundamentally about two things, innovating and selling, and that most MBA programmes teach neither. They might wonder about the realities of the MBA network. There is no point acquiring a global network of randomly assembled business students if you just want to work in your home town. Also, they will recall that the most effective way to build a network is not to go to school, but to be successful. That way you will have all the MBA friends you could ever want. </p>
<p>They might even meet a few business academics and wonder. Then they would take their application and do with it what most potential applicants should: toss it away. </p>
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		<title>Ten tips for Perfectly Pitched MBA Application Essays</title>
		<link>http://xingfu.us/mba-application-essays/ten-tips-for-perfectly-pitched-mba-application-essays/</link>
		<comments>http://xingfu.us/mba-application-essays/ten-tips-for-perfectly-pitched-mba-application-essays/#comments</comments>
		<pubDate>Thu, 03 Feb 2011 17:39:46 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Essays]]></category>
		<category><![CDATA[MBA Application Tips]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=616</guid>
		<description><![CDATA[Essays are an incredibly important part of the application process, says Stacy Blackman, an MBA admissions consultant. Seemingly straightforward questions require a great deal of introspection. Make sure you budget time to draft and redraft, try new approaches and carefully edit so that each line packs the maximum punch 1 As soon as you know [...]]]></description>
			<content:encoded><![CDATA[<p>Essays are an incredibly important part of the application process, says Stacy Blackman, an MBA admissions consultant. Seemingly straightforward questions require a great deal of introspection. Make sure you budget time to draft and redraft, try new approaches and carefully edit so that each line packs the maximum punch<br />
<span id="more-616"></span><br />
<strong>1</strong> As soon as you know that you are going to apply to business school, you can start to prepare in a low-stress way. Keep a notebook and jot down anything interesting that comes to mind. An inspiring lecture, a disappointing performance review, an enlightening conversation with a friend, a travel experience, running a marathon, a stimulating bookâ€”all of these can be terrific material for your essays. Donâ€™t agonise over whether it will make a great topic, just jot it down. You will find that you quickly have a plethora of material to choose from.</p>
<p><strong>2</strong> As you begin to approach essay-writing time, consider putting together a â€œbrag sheetâ€�. Write down all of the things about you that would not necessarily appear on a rÃ©sumÃ©: languages you speak, all extracurricular involvements, family traditions and more. This can also be mined for essay content.</p>
<p><strong>3 </strong>Once you have the essay questions in hand, there may still be a few stumpers. Even with lots of content, when you are faced with answering a question such as â€œWhat matters most to you?â€� it is difficult to decide. Here is an exercise that stops you from over-thinking: set your alarm clock for 3am. When you wake up, ask yourself the question. The first thing that comes to mind might surprise you. Do this for a couple of nights and you may come up with a few options or find that you are building a consensus around a certain topic.</p>
<p><strong>4</strong> Before you actually write the essays, take the final step of mapping out the general topics you will cover in each essay. As you map a topic to a question, check it off on a master list of stories you want to cover. This way, you can make sure that a given school is receiving all of your key stories, and that you are spreading out different stories across an application and not being repetitive.<br />
<strong><br />
5</strong> Everyone works in different ways: some work best first thing in the morning, others are night owls. Some need to outline concepts on paper, others go straight to computer. So develop a plan that supports your individual style. Many find that the first application can take around 40 hours of workâ€”brainstorming, drafting, editing, refining. As you approach this process, make sure you have the time. Tackle one application at a go. Do not take work leave or attempt it in a single week. Essays require time to gel. Therefore make sure that you have plenty of time to do it right. You may require six weeks, or you may even want 12.<br />
<strong><br />
6</strong> Many applicants are inhibited by perfectionism. They can sit at the computer for hours, unable to generate that â€œperfectâ€� essay, rewriting so furiously that they donâ€™t get past the first few sentences. It is often easier to edit than to write. So just type. A page full of so-so text is less intimidating than that blank page.<br />
<strong><br />
7</strong> It is essential that you research your target schools and understand how to appeal to each of them. Each will have a slightly different ethos and look for something different in their students. Butâ€¦</p>
<p><strong>8</strong> â€¦you can also save yourself a bit of work. There are certain qualities that all business schools want to see in a successful applicant:</p>
<p>* leadership<br />
* team skills<br />
* ethics<br />
* communication skills</p>
<p>Just saying â€œI am a strong leaderâ€� is not enough. Every claim you make must have supporting stories that help the reader believe you. You do not need to check off every quality on the list. Select a few that apply to you and reinforce those in an honest and compelling way.</p>
<p><strong>9</strong> Nobody is perfect. The schools know this and you need to show them that you are realistic and self-aware. Revealing your humanityâ€”in the form of quirks, weaknesses and flawsâ€”can often help the admissions committee to like you. A story about how you learned from a failure, improved upon a weakness or struggled with challenges can be compelling. The other side of this is the ability to demonstrate that you can really benefit from the MBA degree. If you know everything already, an admissions committee may wonder why you want to return to school.<br />
<strong><br />
10</strong> Get some help. Even the most meticulous writers benefit from a second or third set of eyes. Ask someone to review your essays, look for typos and tell you if you are hitting all of the points in the right way. Is your attempt at humour coming off correctly? Do you seem too humble, too cocky, too serious, not serious enough? After you have been buried with your essays for weeks, a fresh perspective can often help you see the application as an admissions-committee member does: for the first time. Enlist someone who knows about the application process and make sure they are not just reassuring you that all is well, but are actually giving you some quality feedback.</p>
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		<title>How to Find the Right MBA Program</title>
		<link>http://xingfu.us/mba-application-resources/how-to-find-the-right-mba-program/</link>
		<comments>http://xingfu.us/mba-application-resources/how-to-find-the-right-mba-program/#comments</comments>
		<pubDate>Wed, 02 Feb 2011 14:55:22 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Programs]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=613</guid>
		<description><![CDATA[The programme fee alone at the Wharton School at the University of Pennsylvaniaâ€”one of the worldâ€™s highest-profile business schoolsâ€”is currently $107,922 over two years. And there is more than just the fee to consider. If you decide on a full-time programme in Europe you will typically be out of the workplace for at least a [...]]]></description>
			<content:encoded><![CDATA[<p>The programme fee alone at the Wharton School at the University of Pennsylvaniaâ€”one of the worldâ€™s highest-profile business schoolsâ€”is currently $107,922 over two years. And there is more than just the fee to consider. If you decide on a full-time programme in Europe you will typically be out of the workplace for at least a year. Opt for a school in North America and this could stretch to two years. Students at Wharton forgo an average basic salary of $76,193 a year while attending lectures. Making the correct choice of school and programme is thus on a par with selecting the right house, perhaps even spouse.</p>
<p>Schools in <em>The Economist</em>â€™s ranking of MBA programmes insist that they can help boost studentsâ€™ career opportunities and open new areas of expertise and mobility. Indeed, surely the degree is worth pursuing only if it brings with it a sufficient level of professional advancement and personal development. But can an MBA still be considered a gateway to the top table? Do programmes really produce confident, self-aware graduates who can build exciting careers? What is more, if, as is often claimed, what is taught varies little between schoolsâ€”if an MBA has become nothing more than a commodityâ€”does it matter where you end up?</p>
<p>The answer is yes: it still matters. The market is tougher, the degree is under scrutiny, but for many professions, getting an MBA from the right school is a way of landing a better job and of accelerating a career.Â  Getting a degree from the wrong school, however, is not. Finding the right school is not just about looking at rankings, or choosing one considered as â€œprestigiousâ€�. <strong>The key to making the right choice is understanding why you want to take an MBA, and what you expect it to do for you. </strong>So letâ€™s look at some of the key reasons for going to business school and what direction each might point you in:<br />
<span id="more-613"></span><br />
<strong>â€œI want to change career directionâ€�</strong></p>
<p>The great majority of MBA graduates, and certainly the bulk of the most successful ones, use the qualification to build on skills and experience they already have. â€œVery few employers will recruit you to do something you have never done before, simply because you have three new letters after your nameâ€�, says Graeme Read of Antal, an executive-recruitment firm. If you are really set on a complete change of direction you will need to aim for one of the very top schools, where organisations are often buying future potential rather than current abilities. However, remember that wherever you study, an MBA will always be just part of a process, not a guaranteed ticket to the boardroom table.</p>
<p><strong>â€œI want to set up my own businessâ€�</strong></p>
<p>No serious business school will tell you that they can create entrepreneurs out of thin air. But what they can do is develop any entrepreneurial skills that you already have. The schools with the best records in this area tend to have a faculty which combines traditional academics with those from the â€œcoal faceâ€� who have developed their own successful businesses. Itâ€™s also worth looking for a school which draws students from a wide range of cultures and nationalities. As Patrice Houdayer, dean of EMLYON in France, puts it: â€œStart-up businesses can go global almost immediately these days, so itâ€™s essential to get first-hand knowledge of how business is conducted in key markets around the globe.â€�</p>
<p><strong>â€œI want to develop international experienceâ€�</strong></p>
<p>An increasing number of students are opting to take their MBA abroad. But if you decide to follow them, donâ€™t just be won over by such immediate attractions as a good climate and pleasant surroundings. â€œThe international opportunities that my MBA offered were a huge draw, beyond the obvious attractions of studying in the Bay Area,â€� says Alex Pitt, a British national whose global career has so far taken in an MBA at Stanford in California, a management consultancy in New York and a business-development company in Dubai. During his time at Stanford he also helped to organise a study trip to India and Pakistan and complete an internship with a media start-up in South Africa. You can check an MBAâ€™s international credentials by looking at things such as the availability of international exchanges or study trips, and the number of countries in which students get jobs when they graduate.</p>
<p>You might also consider which languages could be of use to you in the future. Nearly all top-ranked programmes are taught in English, but simply living somewhere like France, Germany or China for a year and interning with a local company will leave you with a degree of fluency that could prove invaluable later on.</p>
<p><strong>â€œI want to build a network of contactsâ€� </strong></p>
<p>Many veteran MBA graduates will tell you that the most useful thing they got out of business school was an address book. Consider what sort of network will benefit you most. Many of the highly ranked schools have invested heavily in creating diverse classes that will generate contacts around the globe. Great if you are planning an international business career, less useful, however, if you are going to focus on the public sector in your own country.</p>
<p><strong>â€œI want earn more money/get a better job/ be more mobileâ€� </strong></p>
<p>Youâ€™ll be hard pressed to find an MBA graduate who actually lost money (or perhaps more accurately, will admit to having lost money) on the business-school experience. However, the days of eye-watering starting salaries and signing-on bonuses are over, or at least on hiatus. The real value of the qualification often only manifests itself over time, so look for a school that is going to help you develop the skills and capabilities you will need in the long run, not just the day after the graduation ceremony. A schoolâ€™s location also matters, so give some serious thought to where you want to be based in the long term. Many schools have strong regional ties with a particular industry or recruiter, but only a handful enjoy a global reputation and influence.</p>
<p><strong>â€œI want to develop my knowledge and experience but I donâ€™t want to break the bankâ€�</strong></p>
<p>As we have seen, an MBA is expensive. But if you are willing to look beyond of the obvious big names and consider one of the up-and-coming players, there are some attractive deals available. A number of schools have kept fees relatively low. Furthermore, in the wake of the credit crunch, schools are developing new financing options for international applicants. While Harvard has drawn on credit union Â  Â s, Duke (Fuqua) has agreed to underwrite loans itself. In Europe, insead and Vlerick Leuven have opted for a low-interest loan scheme based on a studentâ€™s future earning potential rather than their financial history, and gives them up to seven year after graduation to clear their debt. Most schools will offer scholarships, sometimes covering the entire cost of the programme, to the right students.</p>
<p><strong>Other considerations</strong></p>
<p>It might sound obvious, but a schoolâ€™s location should be a key evaluation, and not just because you might want a job in a particular region. It is no surprise that the business schools at Chicago, New York and London all have excellent reputations in the field of finance. They are right next to the financial markets and can more easily attract guest speakers from financial institutions, or offer a strong network for summer internships and post-MBA careers. Schools on Americaâ€™s west coast can similarly benefit from ties to Silicon Valley, while other regions offer a gateway to areas of expertise, such as aerospace, luxury brand management or bio-tech.</p>
<p>You might also evaluate a school based on specialization. Beyond the generalist nature of the MBA qualification, schools have carved reputations in certain areas such as entrepreneurship, finance, marketing, nonprofit, real-estate, it management or health care. The schools not only work hand in hand with the related industry, but also have faculty who have developed an area of expertise. They might have an incubator to attract venture capital for entrepreneurial business plans, or offer work-study programmes that give students a hands-on experience of working with ngos.</p>
<p>So beyond <em>The Economist</em>â€™s ranking, think of the criteria that matter to you before drawing up a list of potential MBA programmes. You then may also find that you are not just limited to a handful of schools that dominate the top of the b-school rankings. Research the characteristics of the schools, find out more about the student experience, and how students are achieving their personal and professional goals. Ultimately it is in both schoolsâ€™ and candidatesâ€™ best interests to find the right fit.</p>
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		<title>MBA Applications: The Importance of Being Earnest</title>
		<link>http://xingfu.us/mba-application-resources/mba-applications-the-importance-of-being-earnest/</link>
		<comments>http://xingfu.us/mba-application-resources/mba-applications-the-importance-of-being-earnest/#comments</comments>
		<pubDate>Wed, 26 Jan 2011 22:56:04 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>

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		<description><![CDATA[MBA admissions committees seem difficult to read. Applicants agonize over their essays and dread their interviews, all the while wondering what the committee wants to hear. At Veritas Prep headquarters, we regularly receive calls and emails with questions such as: â€œIâ€™m a sophomore in college; what classes should I take in my junior year to [...]]]></description>
			<content:encoded><![CDATA[<p>MBA admissions committees seem difficult to read.  Applicants agonize over their essays and dread their interviews, all the while wondering what the committee wants to hear.  At Veritas Prep headquarters, we regularly receive calls and emails with questions such as:</p>
<p>â€œIâ€™m a sophomore in college; what classes should I take in my junior year to impress MBA admissions committees?â€�</p>
<p>â€œIâ€™m planning to apply in round one, but would it be better to delay to round two so that I can use the next three months to add some community service to my resume?â€�</p>
<p>â€œIâ€™m an older-than-average applicant because I spent four years doing ______________; what should I tell the adcomm about why Iâ€™m applying so late?â€�</p>
<p>With the possible exception of Hollywood singles bars, twentysomething young professionals worry about concocting impressive backstories more in the realm of MBA admissions than anywhere on earth.  But at least the actors in Hollywood have an excuse; they play make-believe for a living.  As an MBA applicant, itâ€™s much easier than it appears to tell the MBA admissions committee what it wants to hear.</p>
<h4><strong>What do MBA admissions committees want to hear?</strong></h4>
<p>What may seem like incredible cliche ends up more than often being pure truth â€“ the end result of the MBA admissions process should be that you have a much stronger sense of what you want to do with an MBA.  And while this provides incredible value to an admissions committee in filling out a class of students who will thrive in that program, add value to one anotherâ€™s experiences, and fully value the process, it may well provide even more practical utility to you.  While your primary goal is â€œto get inâ€�, think about this â€“ business school is quite likely a six-figure and two-year investment for you, yet many prospective applicants spend more time shopping for a laptop or for new jeans than they do selecting their target schools.  By forcing you to honestly assess what type of classroom environment you seek, what kind of curriculum youâ€™d like to pursue, and how an MBA education will help you to transition your current skills, abilities, and interests to a fulfilling career, schools are doing you a favor.  If youâ€™re struggling to justify why youâ€™d like to attend that school or how that program will help you to pursue your goals, it may not be the wisest investment of your time and money to do so.  And as you are forced to question yourself â€“ your goals, your background, and what you want out of the MBA experience â€“ youâ€™re much more likely to fully take advantage of the opportunities that await you once you are admitted; the MBA admissions process provides you with an itinerary of what you want to do once you do finally reach campus.</p>
<p>All told, this process suggests what your parents have told you all along: honesty is the best policy.  As any CEO, politician, or admissions consultant can tell you, there are certainly ways to best position the truth for public consumption, but more importantly business school admissions committees want to know the truth.  <strong>Business schools make decisions based not only on achievement but also on potential.</strong>  After all, most applicants have fewer than 10 years of work experience, and those who have already ascended into the stratosphere have little incentive to spend two years learning how to get there.  One (unintentionally) well-kept secret of MBA admissions is that â€œbeing qualifiedâ€� is only part of the process, and is often overvalued by applicants.  Having a compelling career vision and a thorough understanding of how an MBA â€“ and that particular MBA program â€“ will help you achieve it is a crucial and often-overlooked part of the process.</p>
<p>What do MBA admissions officers want to hear?  They want to know that youâ€™ve taken time to assess your strengths and weaknesses, the opportunities that await you, and the role that their MBA program would take in your career should you attend.  To give the admissions officers what they want, you first need to be honest with yourself about what you want.  The truth shall set you free.</p>
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		<title>Operation B-School: Finding the Right MBA</title>
		<link>http://xingfu.us/mba-application-resources/operation-b-school-finding-the-right-mba/</link>
		<comments>http://xingfu.us/mba-application-resources/operation-b-school-finding-the-right-mba/#comments</comments>
		<pubDate>Tue, 25 Jan 2011 20:21:31 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Careers]]></category>
		<category><![CDATA[MBA Programs]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=598</guid>
		<description><![CDATA[Information overload makes finding the right B-school more difficult than it needs to be. Here's how to find what you need, and toss what you don't ]]></description>
			<content:encoded><![CDATA[<p>Researching business schools is akin to trying to find oneself. Reflecting on what one wants to get out of a degree and the type of business school experience desired is key. Admissions directors say it&#8217;s not too different from gazing into a crystal ball.</p>
<p> &#8220;Think about how the degree will advance your career, the job you&#8217;d like to have, and your lifestyle. Then consider your preferences of location, personality of the school, the kind of alumni it produces.&#8221;</p>
<p>After some introspection, an applicant can start talking to others. Informational interviews with those who have the jobs you&#8217;re seeking is a great way to confirm choices and find out about schools that specialize in those areas, says Edwards.</p>
<p>&#8220;Really explore your career goals,&#8221; she says. &#8220;It will help you in the application process, but also down the road in the job search.&#8221;</p>
<h4>Job Placement Info</h4>
<p>One mistake many applicants make is failing to look at the list of recruiters and job placement statistics of particular schools before applying. Then, when they enroll in the business school, they are disappointed by the job opportunities presented to them, says Scott Shrum, director of MBA admissions research at Veritas Prep, a Malibu (Calif.)-based provider of GMAT test prep and admissions consulting services. This is particularly hard on international applicants, who attend U.S. business schools in the hopes that the MBA program will help them land a job stateside and are disappointed when they wind up back home.</p>
<p>To get a handle on recruiting and job placement, applicants can consult the detailed information on many schools available at sites like MBA.com or the schools&#8217; profiles on Businessweek.com, where a comparator tool allows applicants to compare placement stats, and even top recruiters, at various schools.Many schools also post placement data online, including Harvard Business School, but not everyone is as forthcoming.</p>
<h4>Questions for Alumni</h4>
<p>Another great source of information about prospective MBA programs is the program&#8217;s alumni. Most schools will connect applicants with alumni in their chosen fields, but there are other sources, including LinkedIn and similar social networks, that allow for sophisticated searches by industry, company, even job title.</p>
<p>When talking with MBA alumni, applicants should ask them about the recruiters they met on campus and how the school helped with the job search. These initial encounters with respected professionals will help applicants develop a network and could lead them to potential recommenders, says Sara E. Neher, assistant dean for MBA admissions at the University of Virginia Darden School of Business.</p>
<p>Once applicants have spoken with alumni and have a clearer sense of what they&#8217;d like their post-MBA life to look like, they should head to the Internet. Distinguishing between legitimate sources and garbage is more difficult than it seems, if for no other reason than the sheer amount of content.</p>
<p>Brand names are usually a safe bet. For example, organizations such as the National Society of Hispanic MBAs, the Graduate Management Admission Council, which administers the GMAT, internationally recognized publications, and the business schools themselves have built up their expertise and reputation.</p>
<h4>Opinions on the Web</h4>
<p>&#8220;Admissions officers are a great source of information for the admissions process, but not necessarily for the experience of the school,&#8221; says Shrum. &#8220;They&#8217;ll give you O.K. answers, but students and recent alumni are better for those questions.&#8221;</p>
<p>Still, students and alumni are sometimes trained by the school on what to say or write, says Neher. That is why, she says, it is best to ask sources if the business school is limiting what they share with prospective students in any way. It doesn&#8217;t hurt to ask pointed questions designed to elicit a negative answerâ€”such as &#8220;What&#8217;s the biggest problem with the career services department?&#8221;â€”and to pursue alumni contacts who may be off the school&#8217;s radar and willing to offer another perspective, such as an unemployed graduate.</p>
<h4>B-School Rankings</h4>
<p>One of the biggest and most influential sources of business school information are the various business school rankings, such as those published by the Financial Times, The Economist, and Bloomberg Businessweek&#8217;s Best Business Schools. Although most admissions experts agree that the rankings are a good starting point, they want applicants to keep these lists in perspective.</p>
<p>Wise applicants, says DelMonico, use the rankings as one tool to get them started in making a broad list of attractive business schools and to determine what their chances are at each. As they continue their research, they should use the funnel approach to whittle down their list until they have the four to six programs to which they will apply. What applicants never want to do is limit their options or be close-minded to all the possibilities. Considering a wider set of schools, at least to start, is the best way to find the right business school.</p>
<h4>Firsthand Experiences</h4>
<p>Face-to-face meetings and school-sponsored events can help applicants better understand the nuances of each program. Most business schools host events in various regions and provide online videos and photos. These are suitable ways to bolster your business school research to make informed decisions about admissions, says Neher.</p>
<p>A campus visit allows for more opportunities to talk with students and administrators, to get a firsthand look at what everyday life would be, and to sit in on a class.Even though no school requires a visit, Shrum says admissions committees are impressed when applicants make the extra effort and incorporate in their application essays and interview answers specifics about the school&#8217;s culture or offerings that they gleaned from a visit.</p>
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		<title>How to Choose Abroad MBA Programs?</title>
		<link>http://xingfu.us/mba-application-resources/how-to-choose-abroad-mba-programs/</link>
		<comments>http://xingfu.us/mba-application-resources/how-to-choose-abroad-mba-programs/#comments</comments>
		<pubDate>Wed, 15 Dec 2010 17:41:18 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Programs]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=592</guid>
		<description><![CDATA[Planning an MBA study abroad? 5 crucial factors beyond business school rankings that you must consider: Connect your aspirations to the countryâ€™s offerings Immigration rules of the country abroad An MBA degree from a Business school abroad will ensure you good job prospects and help you settle abroad. But a word of caution in this [...]]]></description>
			<content:encoded><![CDATA[<p>Planning an MBA study abroad? 5 crucial factors beyond business school rankings that you must consider:</p>
<ol>
<li>
<h4>Connect your aspirations to the countryâ€™s offerings</h4>
<ul>
<li><strong>Immigration rules of the country abroad</strong></li>
<p>An MBA degree from a Business school abroad will ensure you good job prospects and help you settle abroad. But a word of caution in this case &#8211; Immigration rules for foreign nationals vary from place to place. Only the United States, the UK, Canada, New Zealand and Australia make it possible for foreign nationals to gradually settle down permanently.<br />
Economic and Political conditions of the country abroad<br />
A booming economy would always have jobs in abundance. Stable political conditions give a sense of security.</p>
<li><strong>Occupation prospects in the country abroad</strong></li>
<p>Since every country abroad doesnâ€™t have the same economic growth levels, the opportunities vary. The occupation you are interested in, necessarily wouldnâ€™t be flourishing in the chosen country abroad. For example, construction engineers are for more in demand in Canada than in the US.</p>
<li><strong>Environment of the country abroad</strong></li>
<p>Choosing to do an MBA abroad gives you the chance to spend one to two years in a new country. Further, you can only settle, if you are able to adjust to the new atmosphere abroad. Geographic locations, Climatic conditions, ease of communication and social-cultural environment (a broad minded culture with a focus on diversity) influence the comfort while staying abroad</ul>
</li>
<p>What do rankings of the Business schools abroad mean to you? A means of short listing a Business school abroad, right? Rankings primarily aid in selecting the top Business school. After the MBA programme abroad, you it is very likely that you might settle down in a particular country abroad and not in the Business school abroad. Therefore, it is a prudent act to choose a particular country abroad to settle down in and then use the rankings to choose the right Business school abroad. An MBA in a top Business school abroad should finally be the means to an end â€“ a successful, rewarding career and stable settlement in the country where you have built your network! After the completion of your MBA abroad, the country should continue to appeal to you. Here is a quick checklist on evaluating the abroad countryâ€™s offerings</p>
<li>
<h4>Type of M.B.A offered abroad</h4>
<p>Classes in MBA abroad tend to have a more diverse population in terms of nationalities, backgrounds (educational and professional), genders, etc, which enhances the quality of the environment and the learning. MBA courses in Business schools abroad tend to have a more global coverage of topics in their syllabus. Top MBA schools abroad also offer variety within their programs, giving experienced students the opportunity to enroll in an Executive MBA program, a fast-track MBA program, or special concentrations within a traditional MBA program. In a top MBA Business school abroad, the chance to specialize in a certain business area â€” like accounting, international business, or marketing â€” can help you find a specific job. General MBA programs in Business schools abroad may not be that helpful.</li>
<li>
<h4>Financials to be invested in the Business School abroad</h4>
<p>You may start with the assumption that a scholarship might not be immediately possible. Then, look at the resources at your disposal. Procedures, availability, and types of funding for foreign students at Business schools abroad vary tremendously. Consider whether or not you would financially be able to support yourself abroad in that chosen country. While studying for an MBA in a foreign country; you also need to factor in insurance, transportation expenses and restricted employment options. The exchange rates play a crucial role in determining your financial conditions while pursuing your MBA in a business school abroad and your earnings after settling down.</li>
<li>
<h4>Long term Perspective of the Business School abroad</h4>
<p>Many a times Business schools abroad have local or country-specific fame only. Hence, choose a Business school abroad with a possibility of settling out there.<br />
An experience abroad in a top Business school is one that will stay with you for life. Then why invest in a wrong place abroad? While an MBA abroad will open you to a new canvass of opportunities, make sure that these opportunities give you a new lease of professional and personal life too.</p>
<p>Read more: http://www.articlesbase.com/college-and-university-articles/planning-an-mba-study-abroad-5-crucial-factors-beyond-business-school-rankings-that-you-must-consider-1550218.html#ixzz18Ce2AHBH<br />
Under Creative Commons License: Attribution</li>
</ol>
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		<title>EMBA versus MBA: Which Is Better?</title>
		<link>http://xingfu.us/mba-application-resources/emba-versus-mba-which-is-better/</link>
		<comments>http://xingfu.us/mba-application-resources/emba-versus-mba-which-is-better/#comments</comments>
		<pubDate>Wed, 24 Nov 2010 00:52:25 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Careers]]></category>
		<category><![CDATA[MBA Programs]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=585</guid>
		<description><![CDATA[MBA Programs and Executive MBA Programs sometimes have a similar curriculum, but the class format and admission requirements vary. Different for different prospects: The EMBA course is aimed at experienced executives who prefer not to take a career break to take a full-time MBA and typically require significant business experience to gain admission. The regular [...]]]></description>
			<content:encoded><![CDATA[<p><strong>MBA Programs</strong> and<strong> Executive MBA Programs</strong> sometimes have a similar curriculum, but the class format and admission requirements vary.</p>
<p><strong>Different for different prospects</strong>: The EMBA course is aimed at experienced executives who prefer not to take a career break to take a full-time MBA and typically require significant business experience to gain admission. The regular MBA course is generally taken by candidates with relatively lesser work experience. On the other hand the EMBA course is generally taken up by experienced people who want to augment other skills/knowledge areas.<span id="more-585"></span></p>
<p><strong>The Course Content</strong>: Courses offered in an EMBA program are normally the same as those taught in traditional MBA programs â€“ accounting, finance, statistics, and management, marketing and information systems. However, EMBA courses are enhanced by the extensive professional experience of the participants and are uniquely structured to cover management principles at a much higher level of enterprise complexity. MBA courses groom managers and EMBA are geared towards preparation for the Vice President/President/CEO/COO role. In addition, senior faculty experienced in teaching and consulting are employed as principal instructors.</p>
<p><strong>The Duration of the courses</strong>: Regular MBA is a full time course spread around 2 years. There is a specialization to be chosen at the end of one year. The course content contains exhaustive subjects about the management career. The EMBA course is spread around 18-21 months which includes regular contact points which allow students to attend the classroom coaching as well as complete the various projects and assignments.</p>
<p>A<strong>dvantages of the programs</strong>: In terms of advantages the regular MBA program helps to you to broaden your horizons with respect to purposeful core areas whereas the EMBA program helps you to take advantage of promotions in the existing firm or accomplish value additions in your career. If you want to choose the right management career path, it is necessary to decide whether you want to plunge yourself totally into the functional aspects of management or want to partly acquire the knowledge keeping your core area constant.</p>
<p><strong>Financial aid</strong>: A unique aspect of an EMBA program is that the funding can be done from your pocket. The high quality of faculty, facilities and support staff required to provide a successful EMBA program dictates that such programs include an investment by the participantâ€™s sponsoring organization. Program costs are modest in comparison to the benefits yielded. In the majority of cases, students are sponsored fully, or in part, by their employers. Employers understand the competitive advantage they gain from having an employee whose management skills have been brought to the highest possible level. Students who are not sponsored by their companies often qualify for loans, scholarships, and/or other financial aid.</p>
<p>Reference: <a href="http://www.articlesbase.com/college-and-university-articles/emba-versus-mba-which-one-will-you-choose-1544684.html#ixzz169lixnhF">http://www.articlesbase.com/college-and-university-articles/emba-versus-mba-which-one-will-you-choose-1544684.html#ixzz169lixnhF </a></p>
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		<title>How MBA Curriculum Matters</title>
		<link>http://xingfu.us/mba-application-resources/how-mba-curriculum-matters/</link>
		<comments>http://xingfu.us/mba-application-resources/how-mba-curriculum-matters/#comments</comments>
		<pubDate>Tue, 23 Nov 2010 23:43:48 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Programs]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=582</guid>
		<description><![CDATA[There are a variety of MBA course available in India and abroad and the students opting for MBA admission have a varied background. While some go for normal two-year MBA course, those who have little time or are engaged with businesses or jobs opt for Executive MBA course and part-time MBA course. An MBA education [...]]]></description>
			<content:encoded><![CDATA[<p>There are a variety of  <strong>MBA course</strong> available in India and abroad and the students opting for MBA admission have a varied background. While some go for normal two-year MBA course, those who have little time or are engaged with businesses or jobs opt for Executive MBA course and part-time MBA course. An MBA education broadens and enhances knowledge and should be viewed in a sense of building up skills. It is utilized to find solutions to business issues.</p>
<p>An MBA course imbibe in the students the capability and skills to maximize individual and organizational productivity. An MBA course prepares the students to meet the demands of the marketplace. Dr. P Chandra, Director, IIM Bangalore, says, &#8220;Enrolling for an MBA course is the best way for the candidate to learn how to build and mould innovative organizations. An MBA degree teaches the learners how to go about analyzing management techniques and paves the way for building managerial perspectives. It also elucidates how the economy works within a society.</p>
<p>Also the case methodology that is practiced by almost all MBA colleges is a thing that leaves the students with a great understanding of practical management knowledge and solutions. The Case-Method creates a classroom in which students succeed not by simply absorbing facts and theories, but also by exercising the skills of leadership and teamwork in the face of real problems.</p>
<p>An MBA courses equip the candidates with adequate skills to face the challenges of a corporate career. IIM Ahmedabad graduate Santosh Desai, who&#8217;s now CEO, Future Brands, says, &#8220;The wonderful thing about the MBA course is that one will not just be the manager, but also a creator. I think the most important future challenge would be how you are going to transcend the act of managers. In MBA colleges, you are given the freedom to think and to face the challenges. It will be new because all the things are in you but nothing compels you to think independently as does the good MBA course.&#8221;</p>
<p>So, the MBA is not just a degree, much more in fact. It helps you find yourself and the capability within.<span id="more-582"></span></p>
<p>Former Director of IIM Indore Dr S P Parashar, says, &#8220;MBA education is critical for the development of a country. If you look around at the CEOs across the country they are all the alumni of these great Indian MBA institutes. Many academic leaders in top-tier MBA colleges in India are themselves from IIMs.&#8221;Â But some experts believe that the value addition of an MBA course largely depends on the candidate himself. Dr Venkat Ratnam, Director, International Management Institute, says, &#8220;Many students go through the same education but the outcome is different in each case. You and I may get admission into the same MBA College for the same course, but the outcome for both of us will not be the same. A candidate&#8217;s mental makeup makes a lot of difference in what he or she is able to extract.&#8221;</p>
<p>To enroll yourself into the MBA course, one first needs to go through entrance tests like Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), GMAT and a dozen more similar exams. MBA is also an expensive affair in terms of time and money investment. MBA colleges in India have their own fees structure and most of them have increased it for this academic year.</p>
<p>Reference: http://www.articlesbase.com/college-and-university-articles/how-an-mba-course-adds-value-to-a-candidates-knowledge-2787786.html#ixzz169Upytmz</p>
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		<title>Should You Earn Your MBA Online?</title>
		<link>http://xingfu.us/mba-application-resources/should-you-earn-your-mba-online/</link>
		<comments>http://xingfu.us/mba-application-resources/should-you-earn-your-mba-online/#comments</comments>
		<pubDate>Sun, 21 Nov 2010 03:45:47 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Careers]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=576</guid>
		<description><![CDATA[Having an MBA gives you the great opportunity to advance your career and increase your income. If you are in a mid-career level who are waiting for a good career opportunity to move your career to next higher level, taking an MBA is a good decision because an MBA will certifies you as a master [...]]]></description>
			<content:encoded><![CDATA[<p>Having an MBA gives you the great opportunity to advance your career and increase your income. If you are in a mid-career level who are waiting for a good career opportunity to move your career to next higher level, taking an MBA is a good decision because an MBA will certifies you as a master in business administration. With the MBA qualification, you are putting yourself to a competitive edge to grab any good opportunity which may open to you along your career path. With the available of online education, you have more options to choose whether your want to pursue your MBA traditionally or earn it through online MBA program.</p>
<p>The worry about whether degree earned through online education can be widely accepted in the job market is not valid anymore since many job market survey reports have proved itâ€™s accepted by most employers. The only question is whether you can fully benefits from online education if you choose to pursue your MBA online.</p>
<p>If you are already in the workforce full-time, and the constraint of your commitments and obligations might keep you from earning your MBA in traditional way. Online MBA may be the best way to allow you to continue your job and earn the degree at the same time. Moreover, selecting an online option to pursue your MBA, you do not need to worry if you need to travel for job assignment, or canâ€™t finish your job on time for classes, because you can logon to online classes from anywhere and at any time, you plan for it.</p>
<p>Basically, you can benefit from the advantages of online MBA as most of online MBA programs do take into consideration factors that best fit the working adults. But, one downside of taking your MBA online is you will lose the interaction with professors and other students face-to-face. Itâ€™s becomes more difficult to build a network with your colleagues which will be very helpful contacts throughout your career. However, if you can create relationship with your online instructors and online classmates in cyber-environment, you can make up for some of the loss interaction.</p>
<p>Choosing an online MBA school is an important step when selecting your MBA program. You should not simply choose one because if you accidental select an MBA program offered by diploma mill, you will not only lose your money, but the worthless degree issued by diploma mill wonâ€™t help you in grabbing your career opportunities later. Do your homework about each online business school that youâ€™re considering. Information such as accreditation by which the accrediting agency and what other people talk about these schools on internet can be a good reference in your decision to choose one of the MBA programs that best suit your interest.</p>
<p>Since, many online MBA students failed to complete their MBA program with all sort of reasons, donâ€™t let you be part of them. In order to be a success online MBA student who will complete the MBA program and earn the valuable degree that will help in your career, you must be prepared to adapt yourself with the online learning style and have a self-motivation to push yourself through the online study process.</p>
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		<title>The Best Part-Time Business Schools</title>
		<link>http://xingfu.us/mba-application-resources/the-best-part-time-business-schools/</link>
		<comments>http://xingfu.us/mba-application-resources/the-best-part-time-business-schools/#comments</comments>
		<pubDate>Sun, 07 Nov 2010 18:43:03 +0000</pubDate>
		<dc:creator>Jack</dc:creator>
				<category><![CDATA[MBA Application Tips]]></category>
		<category><![CDATA[MBA Programs]]></category>

		<guid isPermaLink="false">http://xingfu.us/?p=567</guid>
		<description><![CDATA[Part-time MBA programs are a good option for people who donâ€™t want to quit working to go back to school. Once thought of as a way to advance an existing career, part-time MBA programs have become a suitable option for career changers as well. If youâ€™re interested in part-time MBA programs, here are the best [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Part-time MBA programs</strong> are a good option for people who donâ€™t want to quit working to go back to school. Once thought of as a way to advance an existing career, part-time MBA programs have become a suitable option for career changers as well. If youâ€™re interested in part-time MBA programs, here are the best of them by region, according to the 2009Â <cite>BusinessWeek</cite>part-time MBA rankings.</p>
<p>Note: On the <a href="http://images.businessweek.com/ss/09/11/1105_best_part_time_business_schools/index.htm?campaign_id=bschools_related">slides</a> that follow, average GMAT scores and completion rates are self-reported by schools. Grads reporting salary increase and average salary increase are based on respondents to theÂ <cite>BusinessWeek</cite> survey; data may not be representative of the entire class. Ratings, based on survey results, are provided for &#8220;career advancers,&#8221; who are looking for a promotion with their current employer; &#8220;job changers,&#8221; who are looking to advance their careers with a new employer; and &#8220;career switchers,&#8221; who want to change industries, functional areas, or both.</p>
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