Aringo helps MBA candidates prepare outstanding applications (essays, resume/CV, recommendations) for the world's top MBA programs.

Thursday, December 11, 2014

Congratulations!!

Congratulations to another Aringo client with 660 in his GMAT who was accepted to both Oxford and Cambridge with a special 7500 scholarshi!

Friday, November 28, 2014

Which Schools Offer the Best Scholarships?

An article on the site Poets & Quants evaluated the number of scholarships offered by the top MBA programs and how they are distributed among candidates. Though the amount of scholarships offered by a school is usually considered confidential, the more generous schools are generally happy to reveal the information, while the more “stingy” programs will effort to hide the data.

The Poets & Quants study gathered data from schools and students, and revealed that the top 25 programs dole out scholarships with a total sum of $232.7 million each year. The most generous school is Jones with a scholarship budget of $6.7 million comprising 59% of the school’s tuition revenues. The school’s class includes 216 students, 94% of whom receive scholarships of an average $33,320 a year. Additional schools considered relatively generous are Washington University, Notre Dame University, Indiana University, and Vanderbilt University, where the scholarship budgets make up a third of the tuition earnings.

Other schools have increased their scholarship budgets in the last five years, including UCLA who raised their budget from $5.8 million to $12.1 million, Berkeley rose from $3.2 to $5.8 million, Stanford from $8.7 to $15.7 million, and Olin raised its average scholarship for a student from $26,200 to $31,328. The average scholarship offered to a student at Stanford this year is $35,830, higher than at any other school.

The wealthiest school with the highest scholarship budget is Harvard, with a budget of $31.5 million, making up 28.6% of tuition revenues. Sixty-five percent of students at Harvard receive some sort of financial aid from the school and 50% receive need-based aid.

The schools use the tuition budgets not only to help students with a real need to finance studies, but also to attract outstanding applicants with merit-based scholarships, even “buying” applicants with high GMATs and GPAs in order to better school standings in rankings, or to attract students from an underrepresented background or ethnicity to improve a class’ diversity. At times, a student accepted at a specific school with a scholarship can negotiate with a different school to  receive an identical scholarship or better. Harvard and Stanford, however, reported that they only distribute need-based scholarships and do not negotiate with candidates or compete with other schools.

Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)

Thursday, November 27, 2014

Congratulations!

Another Aringo client got accepted to IESE (MBA).

Crossing Fingers!!
Two additional Aringo clients were invited to interview at Duke (MBA).

Tuesday, November 18, 2014

Crossing Fingers!

Another Aringo client was invited to interview at Stanford (MBA).
Another Aringo client was invited to interview at Berkeley (MBA).
Another Aringo client was invited to interview at Darden (MBA).
Another Aringo client was invited to interview at UCLA (MBA).
Another Aringo client was invited to interview at Cornell (MBA).

Thursday, November 13, 2014

Duke Tops Businessweek Ranking

Businessweek published its bi-annual ranking of the best MBA programs, and surprisingly Duke took the top spot among U.S. programs. Wharton took second and Chicago took third.

A few changes were implemented in the ranking’s methodology this year, creating a few surprises – Yale in the sixth spot and Michigan in ninth, while Harvard was only ranked eighth, MIT only at 14, and Berkeley only at 19.

This year’s Businessweek ranking included 112 schools (the largest number since the ranking began in 1988), 85 U.S. and 27 international, and was based on a survey of students’ satisfaction (weighted 45% in the final calculation), a survey of employers (45%), and quality of faculty (10%).

The top 20 U.S. programs:
1    Duke (Fuqua)
2    Pennsylvania (Wharton)
3    Chicago (Booth)
4    Stanford 
5    Columbia
6    Yale
7    Northwestern (Kellogg)
8    Harvard 
9    Michigan (Ross)
10    Carnegie Mellon (Tepper)
11    UCLA (Anderson)
12    North Carolina (Kenan-Flagler)
13    Cornell (Johnson)
14    MIT (Sloan)
15    Dartmouth (Tuck)
16    Indiana (Kelley)
17    Maryland (Smith)
18    Emory (Goizueta)
19    UC Berkeley (Haas)
20    Virginia (Darden)

And the top 10 non-U.S. schools:
1    Western (Ivey)
2    IE Business School
3    ESMT
4    London Business School
5    INSEAD
6    Cambridge (Judge)
7    Oxford (Saïd)
8    IESE 
9    IMD
10    Queen's

Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)

Congratulations!

Two additional Aringo clients were accepted to Columbia (MBA).
Another Aringo client was accepted to NYU (MBA).
Another Aringo client was accepted to ESADE (MBA).
Another Aringo client was accepted to IE (MBA).

Crossing Fingers!!
Another Aringo client was invited to interview at Stanford (MBA).
Another Aringo client was invited to interview at MIT (MBA).
Another Aringo client was invited to interview at Tuck (MBA).
Another Aringo client was invited to interview at Kellogg (MBA).

Sunday, November 09, 2014

Congratulations!

Another Aringo client was accepted to Columbia (MBA) with a $20,000 scholarship!!

Tuesday, November 04, 2014

More MBA Programs Consider GRE Parallel to GMAT

A new Kaplan survey published last month revealed that of 204 programs, 78% of admissions committees claimed that they view GMAT and GRE scores identically. Only 18% admitted that candidates who apply with GMAT scores have preference over candidates who apply with GRE scores, and explained that they have more experience with GMAT scores and believe that the quantitative section of the GMAT better predicts candidates’ abilities to cope with the quantitative demands of MBA studies.

In addition the survey showed that 85% of MBA programs allow applicants to submit GRE scores instead of GMAT scores, a number that has risen each year since 2009, when only 24% of programs accepted the GRE.

These two findings explain the general trend shown in the survey of more MBA applicants applying with GRE scores. Last year showed a 38% increase in the number of GRE test takers who intended to apply to MBA studies. At Yale, 21% of applicants submitted GRE scores, but on the other hand more than half of the programs who participated in the survey said that no more than a tenth of candidates applied with GRE scores.

Considering the above-mentioned findings, Kaplan advises candidates to contact their target programs to check if they prefer one exam over the other. Since a number of programs do not accept the GRE or prefer the GMAT, it is still advisable to choose the GMAT since it is accepted by all programs.

Put Me in Business (applying in less than a year)
Put Me in Business (applying in more than a year)

Monday, November 03, 2014

Crossing Fingers!!!

Another Aringo client was invited to interview at Kellogg (MBA).
Another Aringo client was invited to interview at Wharton (MBA).
Another Aringo client was invited to interview at LBS (MBA).

Thursday, October 30, 2014

Crossing Fingers!

Two additional Aringo clients were invited to interview at Columbia (MBA).
Another Aringo client was invited to interview at Yale (MBA).

Tuesday, October 28, 2014

UNC MBA Application Guide

Whether you are just beginning to think about business school or you have already started your MBA application, there are certain best practices to follow in order to present the strongest application possible. This MBA application guide from Kenan-Flagler’s online MBA program provides MBA application tips to help you through each step of the admissions process, including differences between the GMAT or the GRE, optimizing your resume and essays for the admissions committee, requesting letters of recommendation, and finally- preparing for your MBA interview.




Becca Sanchez Martin is the community manager for the University of North Carolina’s MBA online program. MBA@UNC empowers professionals to pursue an MBA in entrepreneurship from one of the top 10 schools in the world for leadership development. Becca graduated from Loyola University in Maryland with a B.A. in Business Administration and a concentration in marketing. An avid traveler and lover of all things tech, Becca spent a year abroad working for a technology company in the wine sector. Now, back in the USA, Becca spends her spare time visiting friends in other cities, volunteering, and playing tennis. Follow her on Twitter @bsmart10




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Register early for $10 off the cover price!