Tag: "MBA program"

Should I retake the GMAT (or GRE)?

The age-old question – what score is “good enough” to gain an admission offer to a selective B-school for MBA or MS study?  Most students look at the GMAT or GRE averages and make a determination on whether they measure up.  A much better suggestion is to look at the middle 80% range on GMAT scores posted on the class profile.  That shows the GMAT at the 10th percentile and 90th percentile for enrolling students and probably gives a more encompassing sense of the type of GMAT score target that you should have for the application.

Beyond that, there are a few other things to keep in mind if you are contemplating a GMAT retake:

• Only consider a retake if you have enough time to sufficiently prepare.  There’s nothing worse that scheduling a retake during a busy season at work, or trying to cram it on top of your B-school applications and then posting a lower score.
• Take a look at the other components of your candidacy (GPA, amount and type of prior work experience), as the application review is holistic.  For example, if your GPA is high, it may offset a lower GMAT.  On the other hand, if your undergraduate GPA is low, then you may want a GMAT that is a bit higher.
• What is your verbal/quant split on the GMAT and does the School you are applying to have a suggested range for this?  Most schools understand that you may be stronger on one of the two dimensions, but at the same time they are hoping to see reasonably good performance on both the quant and verbal sections.  A retake may allow you to focus attention on the area where you performed lower, while maintaining your initial performance in the section where you are naturally strong.
• Interested in more details about the Simon MBA and MS degree?

At the end of the day, the GMAT or GRE will be one data point that the Admissions committee will use to compare each of its applicants.  But it is by no means the only factor that will determine admission.  Each school can point to students with lower than average GMATs who are admitted and applicants with higher than average GMATs who are denied.  Make sure your entire application allows you to put your best foot forward in the application review process.  Have questions? Consider attending an upcoming webinar to learn more.

Rebekah Lewin
Executive Director of Admissions & Administration

 

MBA and MS Essay Topics for 2013 Application

By: Rebekah

Greetings from the MBA/MS Admissions Office! As we prepare for the 2013 Simon School full-time MBA and MS application cycle, I wanted to share details related to the application process.

2013 Full-time MBA and MS Application Deadlines
Apply early for your best opportunity for scholarships
Application Due: Notification By:
One-year Program, June 2013 Entry October 15
November 15
January 5
March 15
January 15
February 15
March 31
April 30
Two-year Program, (Aug. 2013 Entry)

MS Programs (Aug. or Sept. 2013 Entry)
October 15
November 15
January 5
January 15
February 15
March 31
Last deadline for International Students March 15 May 20
Last deadline for Domestic Students May 15 July 15

MBA and MS Essay Topics for 2013 Application:

Essay #1: Describe your post-MBA or post-MS career plans. How does your past education and experience support your career objectives? What aspects of the Simon School program make it a good choice for your graduate study? (500 word maximum)

Optional Essay: Share any information that you think is important in the evaluation of your application, including any concerns you think the Admissions Committee may have regarding your application. (500 word maximum)

Additional Information:

The rest of the online application process is straightforward and similar to prior years:

· General biographical background data
· Transcripts for all schools attended (uploaded to online application)
· GMAT or GRE score report (uploaded to online application)
· TOEFL (International Applicants) – Waived if you hold a degree from an English-speaking college
· At least 1 but no more than 2 professional recommendations (submitted online)

Our 2013 online application will be launched by August 1, 2012 and we will update via Social Media and E-mail with additional details. Once the application launches, you may register to start it at www.simon.rochester.edu/applynow and then complete the application at your own pace. The Admissions Committee will begin reading applications and inviting candidates to interview as soon as the application is submitted.

Can’t wait to get to know you as you go through the application process to Simon! Have questions? Respond to my blog, email us at admissions@simon.rochester.edu or call us at 1-585-275-3533.

Greetings from Simon!

By: Eileen

As the newest member of the Admissions blogging gang, I wanted to share a little about myself and my experience at Simon.  I’ve been working here in Admissions for almost 2 years, and absolutely love my job.  Every day is different, as I am lucky enough to meet a myriad of different prospective students, talk about their experiences and what they hope to accomplish in the future.  The students at Simon are incredibly motivated, which only helps encourage me to continue helping bring in more students who can succeed and make a difference in the Simon community.

 I am also fortunate enough to work with our students at the classroom level, as I am currently about halfway through my part-time (flex) MBA program.  This part-time program gives the option to either take one or two classes each quarter (or even take a quarter off if needed), and provides the opportunity to work with students in each of our MBA and MS programs.  So far I have been extremely thankful to the professors, who make a point to get to know the students in the class.  If I ever need to meet with a professor or just have a question about an assignment, the response time to my email is always mind-blowing.  I sometimes wonder when they eat and sleep, it seems as though I will generally receive a response in less than 24 hours, regardless of the time day or night.  Each of the programs involves a significant amount of work, but it is always worth the group meetings and late-night studying.

 I am grateful to be able to get to know such a diverse group of students and learn from them as much as from the professors.  With graduation this past weekend, I couldn’t be more excited for the outgoing MBA and MS classes.  They have been a tremendous inspiration and a reminder that dedication and teamwork will always lead to high achievements.

Great courses at Simon!

By: Bonnie Liu

Is it still winter in the place you live now? It is already spring in Rochester, and it has been really hot recently. People here all said that the past winter was the mildest one in Rochester’s history. No matter if it was caused by Global Warming or some other reasons, it is always great to have a warm spring come early. We are currently in our Spring Break this week, and I just finished my second quarter of my MBA studies. Yes, 1/3 of my MBA life has passed! I am looking forward to starting my new quarter, but I also hope time goes by slower, so that I can experience more about this great school and the great city of Rochester.

As I promised, today I will introduce the classes we had in the past quarters. After finishing my two quarters study, what impressed me most was how closely the courses we studied linked with each other:

In my first quarter, I took four core courses as a start: ACC401-Corporate Financial Accounting, FIN402-Capital Budget and Corporate Objectives, GBA411-Framing and Analyzing Business Problems I, and STR401-Managerial Economics. All of the four courses provided a basic knowledge of accounting, finance, economics, statistics & modeling. The way that professors teach is very practical. Those tedious concepts became vivid when we discussed real cases of accounting problems or merger & acquisitions. Among the four courses, GBA411 was the most challenging one for me, because I did not have much experience in doing modeling before. But I enjoyed facing the challenge and was happy to see my big progress in the final exam.

For the past quarter, I took two core courses: MKT402-Marketing Management and GBA412- Framing and Analyzing Business Problems II; and two elective courses: FIN411-Investment and ACC411-Financial Statement Analysis. I always tell my classmates that the key word of my winter quarter is “Regression”. Why is that? Because all the four courses I took required to use regression tools in solving different problems. GBA412 mainly introduced regression and modeling skills in using Excel.

MKT402 was my favorite class in last quarter! I loved every assignment we had. It was of great fun to estimate the ticket office of the movie The Lorax, and to play the marketing simulations with my team trying hard to gain more profit and revenue.  And yes, as I mentioned last time, Financial Statement Analysis was demanding but extremely useful. How to judge a company’s profitability or solvency? How to evaluate a company by using DCF model? You will know that from this course. And we even analyzed a case ourselves by using Simon School’s F.A.Ct. Method. Interested in options or portfolio management? FIN411 would be a good choice for you to start.
Although I don’t know the details about what we are going to learn from next week, I am sure there will be a lot of fun. Oh yes, one more point to make, you will know how knowledgeable our professors are only when you take their courses.  Don’t be surprised if you find marketing strategy questions in your accounting homework, or hear a professor talking about economics model in his marketing class. You can discuss any topic with professors, you can also seek help from them for your job search problems, and even do mock interviews with them.  And I also greatly appreciate that professors do surveys before starting of our new quarter, they would like to know more about us, such as how to pronounce our names, the way we prefer to be called, our past experiences and our career goals.  What can I say more about this great community in Simon? I just love it!

Alright, I am going to enjoy BBQ with my friends tomorrow at the Ontario Beach Park, what is your plan for the weekend? Looking forward to meeting you this coming autumn.

Meliora,
Bonnie