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1.Columbia Make no mistake, Columbiais a finance school above all else. Students rave about the schools financefaculty and the access that they have to top Wall Street executives. The alumninetwork doesnt hurt either nearly every Wall Street firm is stacked with Columbia alumni. Theresult is that most finance-minded applicants consider Columbia. If you are one of them, you willneed to especially focus on differentiating yourself from a large pool ofsimilar-sounding applicants. Therefore, start thinking now about what makes youdifferent from the rest of the investment bankers (and aspiring bankers) whoapply to Columbia. As you might expect, Columbiascore curriculum is heavy in finance and related courses. First-years takerequired courses in Financial Accounting, Corporate Finance, and Global Economics.Among others. Non-finance topics such as Marketing and Strategy, however, arestudied in half-term courses. While these courses are also strong, be awarethat much of your time will be spent on finance-related topics. Of course, youwill there fore need to demonstrate an ability to handle a quantitativeworkload, ideally through your GMAT score and relavant work experience. One academic area that Columbiaemphasizes outside of finance is entrepreneurship. Some of the schools mostpopular electives include “Introduction ot Venturing” and “Launching NewVentures.” Entrepreneurship is also studied and pursued outside of theclassroom. Launched in 1996, the Eugene Land Entrepreneurial Initiative Fundprovides seed capital ot worthy business plans crafted by Columbia students. The Fund acts less like atraditional business plan competition and more like a venture capital firm,taking an equity stake in any Columbia start-up with promise For studentslooking for a more conventional business plan competition, Columbia has joinedforces with UC Berkeleys Hass School of Business to run the Social VentureCompetition, which provides seed money to promising start-ups whose goal is tohave a positive social impact. The bottom line is that if you are interested inan MBA for entrepreneurial reasons, let the Columbia admissions committee hear about itin your essays and your interview. Columbiaalso emphasizes that international aspect of its curriculum. Each semester, theschools Chazen Institute of International Business offers fellowships to up tofour students for their in advancing Columbiasglobal approach both inside and outside of the school. The Chazen Institutealso runs an exchange program the gives students the opportunity to studyabroad at one of 22 partner schools, as well as participate in internationalstudy tours. Keep this in mind as you craft your story for why you will fit inat Columbia. Although they acknowledge that their peers are competitive,students and grads emphasize that Columbiais not cutthroat environment. Most consider Columbia to be a competitive but respectfuland helpful community. Students spend their entire first year in the samecluster of 6 0students, taking their core classes together. Like other schools,Columbiaencourages cooperation and trust within these clusters. As such, you will needto demonstrate the ability to get along with your peers. Also, like otherschools in big cities, Columbiasometimes has to battle the reputation that its students spend less time oncampus with each other. Demonstrating your enthusiasm for the program and awillingness to get involved in extracurricular activities will help show thatyou dont fit this stereotype. Columbiasother departments arent as well known as its finance department, and somegrads have commented that these other departments take a backseat to finance.However, the schools administration has a reputation for going out of its wayto respond to students concerns. If you are interested in an area outside offinance, particularly something as far as removed such as organizationalbehavior or nonprofit management, Columbiamay be worth a look. Your interest outside of finance alone will help you standout, provided that you can prove that you have the quantitative skills andbusiness acumen to learn alongside the finance crowd. 2. TUCK Think Small. Think intimate. Think great outdoors. Thatsexactly what life at Tuck is all about. The countrys first graduate school ofbusiness offers one of the smallest programs among the top 30 schools, withfewer than 250 students in each class. The small class size coupled with theschools location in rural Hanover,New Hampshire results in aclose-knit community in which everyone knows everyone else. Academically, Tucks MBA program focuses on turning outcompetent general managers. Most of the first year curriculum consists of corecourses in the main management disciplines, with the second year left open forelectives. No specific majors are offered. First year students complete most oftheir coursework in the same study group, which Tuck emphasizes as a way forstudents to grow closer and develop their teamwork skills. More than theaverage top program, Tuck is looking for students who demonstrate strongteamwork skills, so make sure that this is a main theme in your Tuckapplication. Tuck is also serious about leadership, and one unique partof the first year experience is the Tuck Leadership Forum, which runsthroughout the first year. The Forum is a series of mini-courses in topics suchas management communication and entrepreneurial management, al designed to helpimprove students leadership skills. Students then complete a team project,such as creating a business plan or doing consulting work for an existingbusiness. The program also provides students with a chance to work closely withfaculty and plug into Tucks alumni network while still in school. Speaking of the alumni, what Tuck lacks in size is made upfor in devotion. Tucks alumni have been described by some as fierce in theirloyalty to the school and to each other. Tuck touts its alumnis 60 percentplus annual giving rate as further evidence of this dedication. While theschool may not have alum in every company, Tuck students are known to get goodresults from the alumni they do call upon. In your own application, make surethat you can provide convincing proof that you, too, will be active alum,preferably by demonstrating loyalty to your undergraduate school. Tucks remote location means that it is not for everyone.Some applicants, especially those with spouses, often find it difficult torelocate to Hanover.To its credit, Tuck goes out of its way to make the transition a smooth one,often providing spouses and partners with fulltime work around campus. Still,only slightly more than half of Tucks admitted applicants actually enroll inthe program. This means two things for you: 1 Make sure that you really want toattend Tuck before you apply. Its a great school, but its size and locationsometimes turn people off. Save yourself a lot of time if your think theseaspects of the program will be a problem for you. 2. Even more importantly, youreally need d to demonstrate why Tuck is for you. Tucks students tend to bepassionate about their school, and you need to demonstrate this same passion inyour application. Visiting the school especially for your interview can goa long way toward helping you make your case. Also, think about applying inTucks Early Action round if you are sure that Tuck is where you want to be.This relatively new program is a great chance for you to show your commitmentto the school. Tuck isnt the household name that Stanford and Harvard are,but its general management program is known to be one of the best in thecountry. Tuck graduates have a strong reputation in consulting and financialservices, particularly on the East Coast, where nearly two-thirds of itsgraduates end up living after school. If you are considering a career ingeneral management, or are interested in consulting or banking, dont overlookTuck. If you can demonstrate that the schools environment is right for you,and make a case for why the general management approach is what you want out ofbusiness school, then Tuck will give your application strong consideration 3. DUKE NO school has come as far as Fuqua has in the last 20 years.Duke opened its business school in 1969, but things really started to happenafter the school took J.B. Fuquas name in 1980. What was once a well-regardedschool mostly regional appeal has grown into one of the top business programsin the world. Young and small, Fuqua has an advantage over the businessschool competition with its innovative curriculum and approach to learning.Students have four terms (of six weeks each) per year, meaning that they get ataste of many more subjects than students at most other schools. Fuquasemphasis has traditionally been on turning out general managers, althoughrecent graduate classes have skewed more towards marketing. The onlyconcentration that the school offers is its Health Sector Management program,which takes advantage of the schools location in Research Triangle Parkin North Carolina.If you are interested in biotech, pharmaceuticals, medical devices, orhealthcare management, take a close look at this program. Fuqua has also been aggressive in giving its studentsopportunities to study abroad, and currently has reciprocal exchange programswith 25 international business schools. Its Global Academic Travel Experienceprogram provides students with the opportunity to travel abroad for a shortperiod of time. GATE is extremely popular with students, with close to half ofthe class participating in the program for two weeks each year, Fuquas push tobuild its brand around the world means that it looks for applicants with globalperspective. If you have international experience, be sure to emphasize it inyour application. If you havent worked abroad, that is okay. You definitelydont need to lie about wanting to spend your next five years in Hong Kong. Just demonstrating a willingness to work withpeople of other background is a great start. Work in most classes is done in teams, and Fuquas graduateshave gained a team-ready reputation that rivals that of Kelloggs graduates.Students often refer to themselves as “Team Fuqua,” and they mean it. They alsohave reputation for being some of the most energetic and close-knit students atany business school. This is reinforced by the fact that Fuqua is a smallerschool approximately 700 full-time students in 2003. When you apply to Fuqua,make it clears that you understand what it means to be part of a smallercommunity, and spell out why it appeals to you. Along those lines, Fuquastudents are heavily involved in everything going on at the schools. If youapply Duke, make sure that this is what you want out of your business schoolexperience. Even more importantly, make sure to make that clear in yourapplication through multiple examples of teamwork and involvement. Fuquas focus on excellence in general management willdefinitely come out during the interview. Most interviews are conducted bystudents who are members of the admissions committee. It is therefore importantto position yourself as a prospect that your interviewer would like to have asclassmate. This means you should provide examples of professional excellence,but do so in a non-arrogant tone. In the back of his mind, your interviewerwill be evaluating you as a potential team member in addition to evaluating youas a leader. If you have three years professional experience or less, youshould also expect to receive questions on your ability to contribute in theclassroom. Have a response prepared as to why “now” is a good time for you toattend Fuqua. Fuqua has built a strong reputation, and it now attractsmany of the same people who also apply to the Harvard and Wharton of the world.The downside for Fuqua is the some top applicants still view Fuqua as somewhatof a backup school, even though Fuquas acceptance rate is below 20 percent.This is evident in the schools yield, which was 7 percent in 2001, more than10 percent below that of other top schools. The school therefore looks forapplicants who are interested in Fuqua for what it offers, not jus because itslisted next to other big names in the rankings. In other words, the admissionscommittee wants to be sure that if they accept you, you will enroll. If you candemonstrate that you truly want to attend Fuqua and why this is so you willgreatly improve your chances.4. MIT Although not quite as well known as the other businessschool in Boston, MITs Sloan School of Management has combined thequantitative strengths of its parent school with a focus on entrepreneurship toestablish itself as one of the most highly regarded programs in the technologyand manufacturing industries, The school is also well-regarded on Wall Street,where Sloan grads are known for their quantitative abilities. Sloan has traditionally been better known for turning outstronger analysts than business leaders, so the school is making a push toemphasize leadership in it curriculum. The school has appointed a Director ofLeadership to create and run leadership programs at the school, as well as tocoach Sloan student on their own leadership development. The school evenencourages student to fill out a “Leadership Feedback Form” whenever theyobserve a fellow student in a leadership role. The school also encouragesteamwork, and all first year students must complete a core project in teams.Sloans stated goal is to turn out “leaders who innovate.” As expected, the schools curriculum emphasizes thequantitative side of business. Courses such as Finance and Statistics are asquantitative as you would expect, but Sloan also encourages students to applythe skills that they learn in these classes to nearly all of their coursework.Graduates speak highly of the hard skills that they learned at Sloan, so makesure that this is what you want out of your MBA experience. To get in, you willhave to demonstrate that you are comfortable utilizing numbers, through yourGMAT score, previous coursework, or job experience. Sloans curriculum is also notable for its emphasis of“management tracks,” instead of traditional majors. The idea behind thesetracks is to provide students with a broad study approach to certain functionalarea, such as Financial Engineering, Operations Management, and New Product andVenture Development. The tracks broad approach requires students to completeeight to ten classes per track. Students can also create their own tracks aftertheir first semester at Sloan. Demonstrating your understanding of Sloanstrack system will help you show your enthusiasm for the program. Entrepreneurship is big at Sloan, as characterized bystudents participation in MITs annual “$50K” entrepreneurship competition.The competition gives Sloan students the chance to develop a business plan andcompete against students from other MIT programs for a chance to win the$30,000 grand prize. Successful tech companies such as Akamai got their startthrough the $50K competition, and student teams that get far in the program areoften able to attract interest from potential investors and advisors. One example of Sloans close ties to the manufacturingsector is its Leaders for Manufacturing program, a two ear joint degree programoffered in conjunction with MITs School of Engineering, and operationsmanagement through a variety of in-class and on-the-job experiences, Studentsspend six-and-a-half months on-site as an intern with a sponsor company,culminating in a thesis. The best part of the program is that students receivea scholarship covering the full cost of tuition, thanks to sponsor companiesincluding Boeing, Dell, Harley0Davidson, Intel, and P & G. The bad news isthat the program is very exclusive just 5 0students participate each year but give it a look if you a re considering working in manufacturing afterbusiness school. Sloan has a higher percentage of international student allof its peer schools 40 percent of the class of 2003 came from abroad, Sloanstudents therefore tend to be surrounded by international classmates whereverthey go. If you are looking to gain international experience, or just want tomeet people from new cultures, this is an aspect of the program that may appealto you. Make sure you demonstrate your enthusiasm for the schools diverseculture in your application, and make your case for why this matters to you,whether you are an American or an international applicant. 5.Michigan The key to getting accepted into the University of MichiganBusiness School (UMBS) is to demonstrate balance across the four dimensions(leadership, innovation, teamwork, maturity) throughout your application.Regardless of the application component(s) in which you emphasize thesedimensions, they should each make a couple appearances. It is imperative,therefore, that you take time to analyze your strengths and weaknesses for eachof the dimensions before beginning the UMBS application. UMBS is consistently recognized for its innovation and itsfocus on applying business principles to real-world scenarios. Both of theseattributes are integrated in the learning model along with a solid dose ofgeneral managem
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