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

Monday, October 20, 2014

Congratulations!

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

Sunday, October 19, 2014

Business Schools Still Do Not Consider the IR Important

A Kaplan survey published this month reveals that most business schools still are not sure how to use the integrated reasoning score even two years post its introduction to the GMAT exam.

The IR section was added to the GMAT exam in June 2012 and was supposed to enable schools to better evaluate candidates’ abilities to cope with MBA studies since test takers must answer questions by analyzing data presented in different manners (tables, graphs, etc.). This section is scored individually on a scale of 1-8 with the average score being 4.32.

The survey showed that 60% of 204 admissions committee members responded to the survey that the IR score is not an important element in their consideration of the candidate’s general GMAT score. Surprisingly, this number shows an increase since 2013; then only 57% considered the IR score insignificant. We would expect that as time progressed, schools would grow accustomed to this section and would learn to use the section to evaluate candidates. One reason for the IR’s low importance is that candidates who took the test before June 2013 whose scores are still valid do not have IR scores, and it is therefore difficult to compare them with candidates who have a score. It is reasonable to assume that in a few years, when all candidates have an IR score and the schools learn how to use the score, its significance will grow.

The survey also showed that 50% of schools reported that an overall low GMAT score is a central factor towards a candidate’s rejection.

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

Wednesday, October 15, 2014

The Economist's 2014 Top 100 MBA Programs

The Economist published its annual ranking of the top 100 MBA programs in the world and left Chicago Booth at the summit once again, as it did last year and for the fourth time in the last five years. Tuck took the second spot and Darden the third. Two European programs – HEC Paris and IESE landed the fourth and fifth spots, much higher than the two European programs usually considered better – LBS at 15, and INSEAD at 18.

The Economist’s ranking is based mainly on alumni employment data and is considered different and controversial – it includes a number of “surprises” such as HEC Paris and IESE in the fourth and fifth spots with Harvard, Stanford, and Wharton only in sixth, ninth, and eleventh respectively, and INSEAD at only 18.
Rounding out the rest of the ranking’s leaders:

6- HBS
7- Berkeley Haas
8- NYU Stern
9- Stanford
10- Columbia
11 - Wharton
12- MIT Sloan
13- UCLA Anderson
14- Kellogg
15- LBS
16- Queensland
17- Emory
18- INSEAD
19- Yale
20- Michigan Ross

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).

Monday, October 13, 2014

Increase in Global Demand for MBA Programs

GMAC’s annual survey published last week highlights an increase in the number of applications submitted this year at 61% of participating two-year full-time MBA programs. This is the third year in a row that the demand for MBA programs increased, after 50% of schools reported an increase in 2013, and 43% in 2012. About 35% of programs reported a decrease in applications this year and 4% showed no change.

The last time that a majority of programs reported an increase in applications was in 2009, and till now there has hovered the concern that full-time MBA programs are losing their power and prestige compared with other graduate programs and online programs. This year actually showed a decrease in applications to full-time one-year MBA programs at 60% of schools, and also a decrease in demand for Master’s of Finance programs at 59% of schools and Master’s in Management programs at 39% of schools.

Another factor revealed by the survey is the growth in number of students who prefer to study outside their native countries. Since 2012, a significant portion of the growth in demand for full-time two-year MBA programs in the U.S. stemmed from an increase in demand among international students. Sixty-five percent of the U.S. programs reported an increase in applications from international students, mainly from China and India.

In terms of the demand of U.S. candidates for U.S. MBA programs, 48% of programs reported an increase in applications from U.S. candidates, while 44% reported a decrease. In general, most of the applications to one-year and two-year programs in the world came from international students – 56% of one-year programs and 52% of two-year.

One explanation for the increase in demand for MBA programs is the improved global economy that causes an increase in employers’ demand for MBA graduates, causing the MBA degree to be more worthwhile.

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

Friday, October 10, 2014

Crossing Fingers!

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

Monday, October 06, 2014

New Loan Program for International Students at U.S. Programs

:Prodigy Finance posted about a new loan program for international students at 15 U.S. MBA program

  Carnegie Mellon University - Tepper School of Business
    Cornell University - Johnson Graduate School of Management
    Dartmouth College – Tuck School of Business
    Georgetown University - McDonough School of Business
    Harvard Business School
    MIT - Sloan School of Management
    New York University - Stern School of Business
    Northwestern University - Kellogg School of Management
    UCLA - Anderson School of Management
    UNC - Chapel Hill - Kenan-Flagler Business School
    University of Chicago - Booth School of Business
    University of Virginia - Darden School of Business
    University of California - Berkeley Haas School of Business
    Duke University - Fuqua School of Business
    University of Pennsylvania - Wharton School


The loans are intended to cover tuition alone, since with the lack of suitable solutions from the banks, financing for the loans come directly from program alumni. The students will pay interest ranging between 6%-12%, depending on their profiles and the school at which they study. The deadline for the loan application is two weeks before the start of the school year, and the loan does not require guarantors for signing.

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

Wednesday, September 17, 2014

Join Aringo at the QS World MBA Tour!

Aringo will be attending the QS World MBA fairs in Seattle on Saturday, September 20th and in Palo Alto, CA, on Thursday, October 30.

Register in advance and pay only $5 to get in, or $15 at the door
Come on out and meet Aringo staff and consultants!
BONUS: Meet HBS, Kellogg, and UCLA Anderson alumni and hear expert admissions advice at the Palo Alto fair

More details and registration info here: http://www.topmba.com/events/qs-world-mba-tour/usa-canada

See you there!

Tuesday, September 09, 2014

Harvard's 2016 Class Profile

Harvard published the profile of its 2016 class who will start their MBA studies over the next month.
The overall number of applications received by the school stands at 9,543, with 12% gaining acceptance and 936 registered students, giving Harvard a yield of 89% (this data calculates how many accepted students registered for classes, excluding deferrals).

The average age of the students is 27, they hail from 73 countries (35% international students), and 41% are women. The median GMAT score of accepted students is 730 and the average GPA is 3.67.

In terms of academic background, 40% come from an engineering and exact sciences background, while 41% hails from an economics/business background, and 19% from a social sciences background.

In terms of career experience, 18% worked in consulting, 17% in venture capital/private equity while 14% worked in the field of financial services and 13% in hi-tech and communication.

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

Friday, September 05, 2014

Update from MIT's Admissions Committee

MIT’s admissions committee published an update on its blog about the school’s process of evaluating MBA candidates:

“We evaluate characteristics on two dimensions:  Demonstrated Success and Personal Attributes.  For Demonstrated Success we look for evidence of academic abilities and professional success.  Personal Attributes we look for include; ability to work on a team, ability to challenge the status quo or solve complex problems, innovative ways to make an impact, and a drive to achieve goals.

Our evaluation process, which includes a required face-to-face interview by invitation only, helps us to get to know you and to give us a better idea of how you have acted, felt or thought in specific situations.  It also gives you an opportunity to get to know us better as well.

We take a holistic approach to reviewing applications.  We have a professional Admissions Committee (no students or faculty). They will read your entire application. We encourage you to respond to the optional question to tell us more about yourself.”

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

Tuesday, August 26, 2014

How Does HBS View the GRE/GMAT?

Yesterday’s post on HBS’ admissions blog sheds light on the way their admissions committee views candidates’ GMAT/GRE scores.

First of all, Harvard emphasized that they accept both exams with no preference for either one, though candidates must choose one and cannot submit scores from both exams. Upon applying, candidates must enter an unofficial score, while the official score can arrive at the school post-deadline.

In addition, Harvard published statistics that of 935 accepted last year, 844 candidates applied with GMAT scores and only 81 with GRE scores, while 10 applicants applied with a score from both exams.

In terms of the score, Harvard focuses less on the general score and more on the different parts of the exam in relation to the candidate’s profile.  For example, an engineer with a strong quantitative background does not need a strong score in the test’s quantitative section to prove his or her mathematical capability, but a different candidate lacking an academic or professional quantitative background will need a strong score in the quantitative section to balance out his or her profile.

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

Thursday, August 21, 2014

Harvard Update Regarding Scholarships and Loans

Harvard posted an update on its blog about financial aid offered by the school to its students. Last year the school offered 26 million dollars of need-based financial aid, and plans to increase the amount this year thanks to alumni donations.

Harvard emphasizes that they do not consider financial need in the acceptance process though the application includes a question about income. The financial aid is granted to students based on need, and also considers the student’s family status. A candidate can ask for financial aid only after being accepted to the program. The school does not grant full scholarships.

In addition, the school has a loan program for international students with no required American co-signer.

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

Tuesday, August 19, 2014

Essay Questions and Deadlines Published for LBS 2015

LBS published the essay questions and deadlines for its MBA program beginning in August 2015:

1. What are your post-MBA plans and how will your past experience and the London Business School programme contribute? (500 words)

2. How will you add value to the London Business School community? (300 words)

3. Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (400 words)

Deadlines:
Round 1 – 10.3.2014
Round 2 – 1.5.2015
Round 3 – 2.27.2015
Round 4 – 4.17.2015

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

Tuesday, August 12, 2014

Which Schools are the Most Popular?

An article on the site Poets & Quants reports the results of a survey included in The Financial Times’ global ranking of the best MBA programs, which aimed to check which business schools are the most popular.

The survey included 10,986 people at 153 schools and was conducted in September-October 2013. A school’s popularity was calculated by the number of alumni that recommend it (i.e. consider their studies beneficial to themselves and helpful in achieving their goals) and prefer to recruit graduates from their own MBA program.

At the top of the list was Harvard, followed by Stanford, Wharton, LBS, and MIT. Of the 25 top schools in 2014, 19 are U.S. schools. Of the top 100, 51 are in the U.S., 13 in the U.K., 7 in China, and 5 from Canada.

The rest of the ranking’s leaders:
6- Kellogg
7- INSEAD
8- Columbia
9- Chicago
10- Berkeley
11- Duke
12- NYU
13- Tuck
14- IIM
15- Michigan
16- IMD
17- Yale
18- IESE
19- Darden
20- McCombs

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

Sunday, August 10, 2014

Congratulations!

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

Saturday, August 09, 2014

The Economist’s free Online MBA Fair

If you could ask a business school admissions officer any question about the MBA process, what would it be? 
Register for The Economist’s free Online MBA Fair taking place September 10, 11 & 13 to chat with b-schools and enter for your chance to win a $5,000 scholarship to a participating business school. 
 

Wednesday, August 06, 2014

The Alternative Rankings of Business Schools

The Princeton Review published last month its ranking of U.S. business schools along various categories. This ranking diverges slightly from the popular rankings and offers an insider view of schools and their atmospheres. Candidates who are not only interested in a school’s prestige and graduates’ salaries can employ this ranking in their school selection.

Best Campus Environment
1. Columbia University
2. University of California (Los Angeles)
3. The University of North Carolina at Chapel Hill
4. Dartmouth College
5. Sanford University
6. The University of Texas at Austin
7. University of Illinois at Urbana-Champaign
8. Vanderbilt University
9. The University of Alabama at Tuscaloosa
10. Pennsylvania State University

Best Professors
1. University of California (Berkeley)
2. Harvard University
3. The University of Texas at Austin
4. Yale University
5. University of Virginia
6. Vanderbilt University
7. The Ohio State University
8. Rice University
9. Cornell University
10. Dartmouth College

Most Competitive Students 
1. Acton School of Business
2. Purdue University
3. Texas A&M University (College Station)
4. University of Pennsylvania
5. Bryant University
6. Howard University
7. University of Rochester
8. University of Miami
9. Texas Christian University
10. The University of Texas at Dallas

Greatest Opportunity For Women
1. Simmons School of Management
2. University of San Diego
3. Brandeis University
4. Pepperdine University
5. The George Washington University
6. University of California (Davis)
7. University of California (Berkeley)
8. University of Washington
9. University of California (Los Angeles)
10. Babson College

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

Thursday, July 24, 2014

Congratulations!

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

Wednesday, July 23, 2014

Kellogg's Essay Questions and Deadlines

Kellogg published updated essay questions and deadlines for its MBA program beginning in 2015.
For 2014-2015, the following two essays are required of all applicants:

1. Resilience. Perseverance. Grit. Call it what you will…. Challenges can build character. Describe a challenging experience you’ve had. How were you tested? What did you learn? (450 words)

2. Leadership requires an ability to collaborate with and motivate others. Describe a professional experience that required you to influence people. What did this experience teach you about working with others, and how will it make you a better leader? (450 words)

Certain applicants will respond to additional questions:

Dual-degree applicants: For applicants to the MMM or JD-MBA dual degree programs, please explain why that program is right for you. (250 words)

Re-applicants: Since your previous application, what steps have you taken to strengthen your candidacy? (250 word limit)

All applicants have the opportunity to provide explanations or clarification in Additional Information:

If needed, use this section to briefly describe any extenuating circumstances (e.g. unexplained gaps in work experience, choice of recommenders, inconsistent or questionable academic performance, etc.) (no word count)

Video essays

The Video Essays provide applicants with an additional opportunity to demonstrate what they will bring to our vibrant Kellogg community – in an interactive way. Each applicant will complete two short video essay questions. The questions are designed to bring to life the person we have learned about on paper.

• After submitting a completed application, each applicant will be asked to complete two Video Essay Questions. One will be about the candidate’s interest in Kellogg and the other will be a “getting to know you” type of question.
• There are 10 practice questions which candidates can complete as many times as they like to get comfortable with the format and technology. The practice questions and experience will simulate the actual video essay experience, so this is meant to be a useful tool and help applicants feel prepared.
• There is not an opportunity to re-do the answer to the official video essay questions. We encourage applicants to practice so they are comfortable with the format once it is time to complete the official questions.
• Candidates will have 20 seconds to think about their question and up to 1 minute to give their response.
• We estimate the Video Essays will take 30 minutes to complete – which includes time for set-up and answering all the practice questions.

Deadlines:
Round 1 – 9/24/2014
Round 2 – 1/7/2015
Round 3 – 4/1/2015

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

Sunday, July 20, 2014

Chicago Published Essay Questions and Deadlines

Chicago Booth published updated essay questions and deadlines for its MBA program beginning in 2015:

Presentation/Essay: Chicago Booth values adventurous inquiry, diverse perspectives, and a collaborative exchange of ideas. This is us. Who are you?

Presentation/Essay Guidelines

 • Be reflective. We’ve learned a lot about you throughout the application, but what more should we know?
 • Interpret broadly. “Who are you?” can be interpreted in many different ways. We encourage you to think critically and broadly about who you are, and how your values, passions and experiences have influenced you.
 • Determine your own length. There is no prescribed minimum or maximum length. We trust that you will use your best judgment in determining how long your submission should be, but we recommend that you think strategically about how to best allocate the space.
 • Choose the format that works for you. You can design your presentation or compose your essay in the format that you feel best captures your response. However, please consider the specific technical restrictions noted below.
 • Think about you, not us. Rather than focusing on what you think we want to hear, focus on what is essential for us to know about you. Simply put, be genuine.

Technical Guidelines

 • File Size: Maximum file size is 16 MB.
 • Accepted Upload Formats: Acceptable formats are PDF, Word and Powerpoint.
 • Multimedia Restrictions: We will be viewing your submission electronically and in full color, but all submissions will be converted to PDF files, so animation, video, music, etc. will not translate over.
 • Preserve Your Formatting: We strongly recommend converting your piece to a PDF file prior to submitting to ensure that everything you see matches what we see.

Reapplicant Question
Upon reflection, how has your perspective regarding your future, Chicago Booth, and/or getting an MBA changed since the time of your last application? (300 words maximum)

Deadlines:
Round 1 – 9.25.2014
Round 2 – 1.6.2015
Round 3 – 4.7.2015

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

Tuesday, July 15, 2014

MIT Asks Candidates to Write Their Own Recommendation

Last month MIT Sloan posted two essays questions for its MBA program beginning in 2015, with the second question asking candidates to write themselves a recommendation from the point of view of their last employer. A Businessweek article attempts to decipher what stands behind the surprising requirement.
MIT asks candidates to put themselves in the shoes of their employers and to write a recommendation letter with a 750-word limit, with creativity welcome:

Write a professional letter of recommendation on behalf of yourself. Answer the following questions as if you were your most recent supervisor recommending yourself for admission to the MIT Sloan MBA Program: (750 words or fewer)

• How long and in what capacity have you known the applicant?
• How does the applicant stand out from others in a similar capacity?
• Please give an example of the applicant's impact on a person, group, or organization.
• Please give a representative example of how the applicant interacts with other people.
• Which of the applicant's personal or professional characteristics would you change?
• Please tell us anything else you think we should know about this applicant.

In addition to this essay each candidate is asked to provide two authentic recommendations. It is important to note that the questions for the essay are identical to those for the recommenders. According to an interview with the school’s admissions committee, the idea was inspired by a process businesses use in which they ask employees to rank themselves and their co-workers.  Perhaps it is also connected to the fact that in any case some MBA candidates write their recommendations themselves. An AIGAC survey published recently reported that about 36% of candidates were asked by their employers to write the recommendation themselves…

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

Thursday, July 03, 2014

Want to Increase Your Chances? Show Interest!

A Businessweek article reveals MBA admissions committees’ methods of tracking the interest showed by a candidate and the influence on his or her admission chances. For example, Fuqua Business School at Duke uses special software to trail the interest showed by the candidate for the program, specifically pointing out whether the candidate sent emails to the admission committee, how many times the candidate attended school events, etc. Other schools use even more sophisticated software to calculate data such as which candidates underwent alumni interviews or requested information about the program.  This data is calculated along with grades and essays to form the candidate’s profile and affects the committee’s decision.

This information influences the candidate’s admission chances since the admission committee wants to identify which candidates really want to get accepted, meaning the school prefers to accept a candidate who will in fact register for the program if accepted. This improves yield, so important for a school’s prestige. Chicago and Kellogg also began using similar software, marketed to maximize yield since applicants generally apply to a number of programs and often do not register at programs that accept them.

It is important to note that some schools claim that this data is not a significant factor in admissions decisions. Berkeley and MIT do not use such software to track candidates’ interest.

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

Tuesday, July 01, 2014

Your LinkedIn Profile

In recent years, social networks have become increasingly important in the admissions process. Some admissions committees check candidates' social network profiles (especially LinkedIn) and use them to evaluate their candidacy.

It is therefore recommended that you update and improve your social network profile before submitting the application - to confirm that the profile both fits what is written in the application (dates, employments, etc.) and that it is impressive and written in a qualitative manner (language and content).

Aringo offers a new service - you can work with Aringo's LinkedIn specialist to edit and improve your LinkedIn profile.
For additional details, please contact Chrissy Miller or Chaya Pomeranz.

Good luck!
The Aringo Team

Sunday, June 29, 2014

New to the GMAT: Preview Your Score

GMAC posted on the official site of the GMAT exam a significant change in the score report process:

“As a test taker, you are given the option of reporting or canceling your scores immediately after taking the test and before leaving the test center. Under the new process, you will see your unofficial scores — Integrated Reasoning, Quantitative, Verbal, and Total — and will be given two minutes to decide whether to accept them. If you do not make a choice, your scores will be canceled.

In addition, if you decide to cancel your scores at the test center, you will be able to reinstate them within 60 days of the test date for a $100 fee. After that, scores will not be retrievable.

To get the most out of this new feature, we recommend that you:

Know what score you're willing to accept so that when asked whether you wish to send your scores or cancel them, you have already considered your answer.
Understand that you have 60 days to reinstate a score you might have canceled but decide later that you want to send.

Analytical Writing Assessment scores are unaffected by the change. They are not included on unofficial score

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

Thursday, June 26, 2014

Some UK Business Schools Reject the TOEFL

An article on the site Poets & Quants reports that a number of UK business schools no longer accept the TOEFL exam as evidence of ability in English for overseas students. This follows the discovery of fraud connected with the exam earlier this year. The Judge School at Cambridge, the Durham University Business School, and London’s Cass Business School have stopped accepting the TOEFL from overseas students who need student visas in order to study in the UK.

The government suspended ETS, the company responsible for the TOEFL after fraud was found in connection with the TOEIC exam, also administered by the company. Since the TOEFL exam was not directly connected with the uncovered fraud, a number of schools will continue to accept the TOEFL – Oxford, Warwick, Henley, and LBS. LBS reported that they will continue to accept the TOEFL together with other exams, and that they use various methods to evaluate the candidate’s command of English (interviews are conducted in English and candidates are sometimes administered an English phone exam.)

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