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MBA Applications 101* *Everything you wanted to know about MBA Application Process but didn’t know who to ask Crackverbal GMAT Bootcamp
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Mba applications 101

May 06, 2015

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This is a presentation by Raviraj Jain, Harvard Business School class of 2013 on the parameters needed to get into a top MBA program.
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Page 1: Mba applications 101

MBA Applications 101*

*Everything you wanted to know about MBA Application Process but didn’t

know who to ask

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Page 2: Mba applications 101

About Arun Over the last decade Arun has played the roles of a teacher, an entrepreneur, and a professional manager. As a teacher he has taught and mentored over 4000 students, teaching topics ranging from hard-skills such as

software engineering to soft-skills such as time-management. The main focus however has been test preparation - teaching at major test prep companies in India such as IMS, Career Launcher, Kaplan, and Princeton Review.

As an entrepreneur he started 2 companies. The first was EximLookup which failed during the dotcom bust in 2001. The second is CrackVerbal, an startup in the education sector that he started in 2006 along with Aruna Prabhakaran (Wharton MBA class of '09) after being frustrated with lack of instructor quality in the GMAT prep marketspace. After working in stealth mode for over 2 years, constantly revising the plan, teaching methodology, and service offering, CrackVerbal was re-launched in the current avataar in January 2009. Since then it has built a reputation as a niche player in this space providing extremely quality learning experience.

As a professional manager he has spent the last decade working in global companies such as Wipro, Sapient, Arcot R&D, Talisma primarily focused on technology consulting. The last 2+ years were spent in heading the Consulting Services division of a enterprise software product company - focusing on the education and CRM space. Arun brings to the table a rich insight into the value of an MBA, having had a ring-side view of the pre and post MBA transition of his students. He also brings in a very crucial "insider" information about schools due to his network not only among students, and alums, but also, his personal relationship with college admission staff at top Bschools around the world.

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Page 3: Mba applications 101

Why MBA?The common reasons

More Money

My Job Sucks

Page 4: Mba applications 101

Why MBA?The “Real” Reasons

• Career Progression• Career Switch• Knowledge• Networking• Brand Equity• Self-Growth• Change of geography

Page 5: Mba applications 101

How to select schools?

• 1 year v/s 2 year courses• Geography: India, APAC, UK, Continental

Europe, USA , Australia• Specialization/Expertise• Profile Fitment • Acceptance Rate

Page 6: Mba applications 101

Typical post-MBA career paths

• For IT– Product Management– Product Marketing– IT consulting

• For Finance– Hedge Fund & PE– Venture Capital– Investment Management– Investment Banking

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• General– Entrepreneurship– Sales– Strategy Consulting– Marketing

Page 7: Mba applications 101

North American Schools

• Great economy• Land of Opportunities• Great schools

– M-7: Harvard, Wharton, Stanford, Sloan, Colombia, Booth, Kellogg

– Top: Haas, Darden, Fuqua, Ross, Tuck, Duke– Mid: McCombs, Marshall, – Canada: Richard Ivey, Schulich, Rotman

Page 8: Mba applications 101

APAC Schools

• Closer to home• Growing economy• Relatively inexpensive

– Australia: Melbourne Business School, AGSM Sydney

– Singapore: NUS, NTU– Others: HKUST, AIM,Manila, CEIBES,China

Page 9: Mba applications 101

European Schools

• Good schools• Easier work permits• Great culture/quality of life

– Top: IMD, INSEAD, LBS– Mid: SAID, Judge, – Others: SDA Bacconi, Rotterdam, Eramus,

IESE, ESADE, HEC

Page 10: Mba applications 101

INDIA

• ISB• IIM A PGPX• IIM B EPGP• IIM C PGPEX• IIM L PGDX• XLRI GMP• GLAKES• SPJain, Dubai• IIM B PGSEM

Page 11: Mba applications 101

Businessweek MBA Rankings

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Page 12: Mba applications 101

Some other resources

• http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/rankings

• http://www.businessweek.com/bschools/rankings/

• http://rankings.ft.com/businessschoolrankings/global-mba-rankings

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Page 13: Mba applications 101

Why Us?- Write down the schools are you applying and

for each school try to write 1 line for each of the points mentioned above

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Page 14: Mba applications 101

What are your goals?

- Both Short-term and long-term- Be as specific as possible- Try to write details.

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Page 15: Mba applications 101

4. Why now?

- What is so important that you have to apply this year and not the next?

- Why not last year?

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Page 16: Mba applications 101

Why you?

- Academic Potential (GPA, GMAT)- Leadership (Career progression,

Extracurricular)- Teamwork (cross-cultural, cross-functional)- Unique Selling Proposition

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Page 17: Mba applications 101

Questions?

Way to contact us: http://www.crackverbal.com

http://www.facebook.com/CrackVerbal

https://twitter.com/AskCrackVerbal

http://www.crackverbal.com/?page_id=38Crackverbal GMAT Bootcamp