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

Sunday, March 30, 2014

Congratulations!!

Another Aringo client was accepted to Wharton (MBA).
Another Aringo client was accepted to Duke (MBA).
Another Aringo client was accepted to LBS (MBA).
Another Aringo client was accepted to Chicago (MBA).

Tuesday, March 18, 2014

US News Specialization Rankings

In addition to its general ranking of the top U.S. MBA programs published last week, US News also posted specialization rankings of the top programs in various categories. Here are the top three programs for each category:

Accounting
1- University of Texas—Austin (McCombs)
2- University of Pennsylvania (Wharton)
3- University of Illinois—Urbana-Champaign

Entrepreneurship
1- Babson College (Olin)
2- Stanford University
3- Massachusetts Institute of Technology (Sloan)

Finance
1- University of Pennsylvania (Wharton)
2- University of Chicago (Booth)
3- New York University (Stern)

Information Systems
1- Massachusetts Institute of Technology (Sloan)
2- Carnegie Mellon University (Tepper)
3- University of Texas—Austin (McCombs)

International
1- University of South Carolina (Moore)
2- Thunderbird School of Global Management
3- University of Pennsylvania

Management
1- Harvard University
2- Stanford University
3- University of Pennsylvania (Wharton)

Marketing
1- Northwestern University (Kellogg)
2- University of Pennsylvania (Wharton)
3- Stanford University

Nonprofit
1- Yale University
2- Stanford University
3- Harvard University

Production / Operations
1- Massachusetts Institute of Technology (Sloan)
2- Carnegie Mellon University (Tepper)
3- University of Pennsylvania (Wharton)

Supply Chain / Logistics
1- Massachusetts Institute of Technology (Sloan)
2- Michigan State University (Broad)


3- Arizona State University (Carey)

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

Wednesday, March 12, 2014

US News 2014 MBA Rankings

US News published its 2014 ranking of the best MBA programs in the U.S., and for the first time the top spot was a three-way tie  between Harvard, Stanford and Wharton. Chicago was in fourth place and MIT took fifth.

US News’ ranking is based on a survey of deans and administrators at the different MBA programs (weighted 25% of a program’s overall score), an employer survey (15%), graduates’ salaries and bonuses (14%), employment rates of students upon graduation (7%), and three months post-graduation (14%), students’ GMAT and GRE scores (16%) and their BA GPAs (8%).

The US News’ ranking is considered one of the most significant and influential, and is singular in that it only includes U.S. programs.

Rounding out the ranking’s leaders:
6- Kellogg
7- Berkeley
8- Columbia
9- Tuck
10- NYU Stern
11-12- Michigan, Darden
13- Yale
14- Duke
15- Texas McCombs
16- UCLA
17- Cornell
18- CMU Tepper
19- UNC
20- Emory

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

Monday, March 10, 2014

Congratulations!

Another Aringo client was accepted to NYU (MBA).

Thursday, March 06, 2014

New Bank of America Fellowship

The Bank of America Merrill Lynch MBA Diversity Fellowship Program will award merit-based fellowships to women, Blacks/African Americans, LGBT, Hispanics/Latinos, Alaskan Native/American Indian, military veterans, and students with disabilities entering business school in Fall 2014.

Eligibility Requirements:

• To be eligible, students must be newly admitted to an AACSB accredited business school for the 2014 – 2015 year.

Program Details:

• The Fellowship will cover $40,000 of total tuition and fees for the first year of the recipient’s MBA program.
• Bank of America Merrill Lynch will provide a paid summer internship (between the first and second year of the MBA program) within the Global Banking and Markets (GBAM) groups: Investment Banking, Sales & Trading, Research, or Public Finance.
• Upon successful completion of the GBAM Summer Associate Program and acceptance of a full-time offer for 2016, the Fellowship will cover $40,000 of total tuition and fees for the second year of the recipient’s MBA program.
• Please note: Fellowship amount may be adjusted for students receiving funding from alternate sources.


Application Checklist:

• Online Applicant Summary Form:
 https://www.surveymonkey.com/s/2014MBADiversityFellowship

• Create a candidate profile and apply via:
https://bacfhrs.taleo.net/careersection/4/jobdetail.ftl?lang=en&job=1300064989

• Resume

• An essay of 500 words or less describing your career goals and their relation to the Bank of America Merrill

• Lynch MBA Diversity Fellowship

• Copy of one essay submitted with your business school application

• Two letters of recommendation

Application Deadlines:

• EARLY Applicant Deadline - Friday, March 14, 2014 (receive invitation to participate in finance education series with Global Banking & Markets business professionals and early application screening/review).

• FINAL Applicant Deadline - Friday, April 11, 2014


For additional questions please contact a member of our MBA Fellowship Team at: MBAFellowship@bankofamerica.com

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

Tuesday, March 04, 2014

Congratulations!

Another Aringo client was accepted to MIT (LGO).

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

Monday, February 24, 2014

Harvard Refutes Common Round 3 Myths

HBS posted on its blog about its Round 3 application option (deadline: 4/7), usually considered to bear the lowest chance of admission, and addressed some common myths on the topic:

"Myth #1: There are no spots available.
Not true. We manage the selection process to ensure that there are always spots open for the candidates we want. Are there as many spots open as in Rounds 1 and 2? No. Are there as many applicants? No. Do I think a strong candidate has a fair shot? Yes.

Myth #2: We’ve run out of financial aid.
Not true. The very last person admitted to the class has access to the same need-based financial aid that the very first person received.

Myth #3: If I get dinged in Round 3, I can't/shouldn't apply the next season in Round 1.
Not true. There's absolutely no stigma in re-applying 5 months later. Happens a lot. Many people in our classroom today were successful re-applicants.

Myth #4: It's too late for 2+2 applicants.
Not true. Not even close to true. Round 3 is a great choice for 2+2 applicants. Why? We can be more flexible about the number of 2+2 admits given that we are not worried about a "seat being occupied" for this September. College seniors have another semester of grades to show us. And another semester of activities. I also see a 2+2 application as a good dress rehearsal for future applications - and possibly interviews - to lots of other selective scenarios. If you aren't admitted to 2+2, we like to say (over and over): It doesn't mean not ever, it means not now. Besides, it's a great deal. $100 application fee. A chance to get the standardized tests over with when you're in test-taking mode. And, best of all, two or three years to explore and then come to HBS.

Myth #5: There's no Welcome Weekend for Round 3 admits.
True. But all the interviews will be held on campus so you'll get to see us in real time. And here's some advice about visiting classes and the campus:
If you want to see the case method in action, there are many spots available to visit a HBS class this spring. Also, there will be limited availability for visiting a class before the Round 1 application deadline next fall, so this is a great time to visit. Register for a class visit through our online scheduling system. We will also be hosting several other events on campus in the next few months, including an LGBT Open House, Prospective Students’ Diversity Day, and lunches for prospective women applicants with members of the Women’s Student Association.

You can always meet us online, too. We will be hosting Admissions Q&A webinars to answer your questions before the Round 3 deadline, as well as webinars featuring members of the Women’s Student Association and the Armed Forces Alumni Association. To learn more, please see the Admissions Events page of our website."

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

Friday, February 21, 2014

Congratulations!

Two additional Aringo clients were accepted to INSEAD (MBA).

Monday, February 17, 2014

Congratulations!

Another Aringo client was accepted to NYU (MBA).

Friday, February 07, 2014

Crossing Fingers!

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

Thursday, February 06, 2014

Update from MIT for Round 2 Candidates

MIT Sloan’s admission committee published an update for Round 2 candidates about interviews:

Applicants who submitted Round 2 applications will receive interview invitations February 14-28, while applicant not invited to interview will receive final notification by February 28th.

The admissions committee will conduct interviews on campus and at 15 additional cities around the world, with invitations being be sent out at least a week ahead of the interview date. All of the interviews are conducted by admissions committee members, not by students or alumni.

Each interview is composed of 3 segments:

  1. In the first segment, candidates will be asked a question about their application. For example, the interviewer might ask the candidate to expand on a story from one of the essays, or to describe a position mentioned in the CV.
  2. The second segment will include behavioral questions testifying to candidates’ skills and enabling the interviewers to better get to know them. For example, candidates may be asked to tell about a time they had to motivate a co-worker. 
  3. In the third segment, candidates will be given the opportunity to ask the interviewers questions.  


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

Crossing Fingers!

Another Aringo client was invited to interview at NYU (MBA).

Thursday, January 30, 2014

Congratulations!

Another Aringo client was accepted to INSEAD (MBA).

Wednesday, January 29, 2014

HBS Tops Financial Times' 2014 Ranking

The Financial Times published their annual global rankings of the top MBA programs in the world, and as last year, Harvard took the top spot followed by Stanford. LBS came in third (climbing from fourth last year), Wharton was in fourth (dropping from third) and Columbia and INSEAD tied for fifth and sixth.
This represents the fifth time FT has ranked Harvard as the top MBA program in the world since the start of the ranking in 1999. The ranking did include a number of surprises, like Yale’s climb to the tenth spot (as opposed to 14th in 2013 and 20th in 2012), IMD to 12th (as opposed to 19th last year) and Chicago and Kellogg (in the ninth and 15th spots respectively). Michigan, UCLA, and Darden (23,26,27) earned relatively low spots in this year’s ranking.

The top 20 programs in the world according to FT 2014:

1-Harvard
2-Stanford
3- LBS
4-Wharton
5-6-Columbia, INSEAD
7-IESE
8-MIT
9-Chicago
10-Yale
11-Berkeley
12-IMD
13-IE
14-HKUST
15-Kellogg
16-Cambridge
17-18-19-Duke, CEIBS, NYU
20-Tuck

A bit about the ranking’s methodology: The Financial Times conducted a survey of 2010 MBA alumni around the world, with only schools with at least 20% of alumni responding were included in the ranking. This year 10,986 alumni responded, a participation rate of 47%. The data gathered from alumni related mainly to their salary and careers, the elements that bore the most significance toward the building of the ranking. The data shows that alumni salary three years post-graduation is highest among Stanford alumni at $184,566, followed by Harvard alumni at $178,300, Wharton alumni at $170,472, Columbia alumni at $164,180, and Kellogg alumni at $157,719.

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

Monday, January 20, 2014

Update from HBS and Stanford for Round 2 Candidates

Harvard and Stanford’s admission committees published updates for Round 2 candidates, including timetables for interview invitations.

The deadline for Stanford’s Round 2 was 1/8, and they intend to continue their Round 1 pilot of completing all interviews within four weeks with rejected candidates receiving their answers earlier in order to enable them to apply to other schools. Interview invitations will be sent to Round 2 candidates between 2/3 – 3/4.

Harvard reported that they will send interview invitations to Round 2 candidates on two specific dates – 1/29 and 2/5, and that rejection notices will be released on 2/5 to all candidates not advancing in the process. Interview invitations will be sent via email and will include times and locations for campus interviews occurring February 13-28 as well as interviews in other cities around the world. Candidates who cannot travel can be interviewed over Skype.

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

Sunday, January 19, 2014

Crossing Fingers!

Another Aringo client was invited to interview at MIT (LGO).
Two additional Aringo clients were invited to interview at Michigan (MBA).

MBA - Additional Options

Dear all,

Here is an option that many candidates aren't aware of - we decided to update you about this:

From Mid-January, there are about 40 deadlines (that are not last rounds deadlines!) for some of the world's top MBA programs (Top 25 programs, including Columbia, INSEAD, and others).

These deadlines are for school start dates in September 2014 or January 2015.
The admission chances in these deadlines are similar to second-round chances.

Please see these options here:
http://www.aringo.com/lowseasondeadlines.htm

Hope you find this info helpful!
 




Thursday, January 16, 2014

Drop in GMAT Test Takers for Past Year

New GMAT data published by GMAC this month reveal that the last testing season (June 2012-June 2013) showed a drop of 48,173, or 17% in the number of GMAT test takers around the world as opposed to the previous year. This year, 286,529 candidates took the GMAT and sent 675,733 score reports to about 5,600 MBA programs around the world.

GMAC tried to minimize the significance of the drop in test takers, and explained that a record number of tests were taken in 2012 before the addition of the new Integrated Reasoning section in June in an attempt to avoid the change and face the test in its familiar form. GRE numbers also dropped in parallel to the test’s last alteration in August 2011.

A particularly significant drop of 22% was reported among U.S. test takers, while Western Europe showed only a 6.1% drop and Eastern and Southeastern Asia recorded a 10.9% drop.
Additional data shows that 42.5% of test takers are women, and the average score for all test takers was 546, two points lower than last year.

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

Monday, January 13, 2014

Congratulations!

Another Aringo client was accepted to Berkeley (MBA).

Thursday, January 09, 2014

Congratulations to 4 Aringo Clients Accepted to Harvard Round 1 (of 12 Clients Who Applied)!

Aringo acceptance rate for HBS Round 1:  33%

Tuesday, January 07, 2014

Congratulations to 7 Aringo Clients Accepted to Chicago Round 1 (of 12 Clients Who Applied)!

Aringo acceptance rate for Chicago Round 1 :  58%

Sunday, January 05, 2014

The Most Wanted MBAs? Harvard, Stanford, INSEAD, and LBS

The annual QS TopMBA survey was released revealing which MBAs carry the highest demand in the job market. The survey included employers from around the world and aims to uncover from which business schools they prefer to recruit.

In North America, employers look to hire from Harvard and Stanford, while in Europe they favor INSEAD and LBS, and INSEAD Singapore leads in Asia.

In addition, the report also points to the top schools among recruiters for different specializations. Among U.S. schools, employers prefer to hire Harvard graduates in the areas of social responsibility, entrepreneurship, leadership and strategy, and MIT graduates for the areas of information management and operations management. Stanford alumni are considered tops for innovation, Wharton graduates are preferred for finance, and Kellogg leads in marketing.

The study also showed that alumni salaries directly reflect the schools from which they graduated – HBS graduates earn an average starting salary of $120,000 while alumni from less popular programs earn salaries in the area of $70,000.

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

Tuesday, December 31, 2013

What is the 2014 MBA Salary Forecast?

A new GMAC survey published this month reveals the salary forecast for fresh MBA graduates. The survey included 211 employers in 33 different countries and reveals that 42% of employers plan to pay newly graduated MBAs this year the same as in 2013, while 45% of employers plan to pay slightly more in accordance with the inflation rate. Only 11% plan to increase salaries for MBA alumni at a rate higher than inflation. Two percent of employers plan to pay less in 2014 than in 2013.

In terms of employment predictions, 72% of those surveyed responded that they plan to recruit MBA graduates in the year 2014 (one percent higher than last year), with most planning to recruit the same number or more of MBA graduates as opposed to last year.

What can new MBA graduates do to improve their employment chances? Ninety-eight percent of employers responded that MBAs need to be able to utilize data toward decision-making, and 97% said MBA graduates must have excellent interpersonal skills.

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

Wednesday, December 25, 2013

How Important is the GMAT's IR Section?

U.S. News reported on a Kaplan survey designed to check the importance of the Integrated Reasoning section of the GMAT. This 30-minute section became part of the GMAT in August 2012 in order to enable MBA programs to evaluate candidates’ skills. Since this section is still relatively new, MBA applicants still wonder about its weight in the application process.

The survey was conducted between July and September 2013 among 152 admissions committee members at U.S. business schools. When asked about the importance of the new section, 54% of those surveyed responded they are unsure, 24% said it is not important, and only 22% testified to its importance. Kaplan accounted for the results with the logic that schools would want to gather data over a length of time before attributing greater importance to the new section.

While most of those surveyed did not consider the IR section important, Kaplan still recommends taking it seriously since its importance may grow in the future.

Another survey finding was that 51% of those surveyed responded that a low GMAT score is the primary factor toward rejection.

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

Sunday, December 22, 2013

Congratulations!

Three additional Aringo clients were accepted to MIT (MBA).
Another Aringo client was accepted to Kellogg (MBA).
Another Aringo client was accepted to Michigan (MBA).
Two additional Aringo clients were accepted to Duke (MBA).