http://forums.businessweek.com/n/pfx/forum.aspx?msg=78104.3&webtag=bw-bschools
BusinessWeek B-School Forum上的詢問,完全公開論壇,無須任何註冊即可瀏覽.
Q:
All,
In the "failure" essay I plan on using my experience stuggling to develop my small tech company. I failed at launching the businesses for many mistakes i have made and which I learned from.
Is that a good subject to talk about? I have learned so much about myself and business in general from this experience. On the other hand, I failed in Business? How will the commitee judge that?
I was thinking about using the same subject of Business startup to use in the "Leadership" essay. Which fits bests in your opinion?
Should I use my failure in business in "leadership" or "failures"? I am proud to have invested time, effort and taken a project from paper to reality, and I have learned so much about me and business in general at the same time.
Thanks
A:
There's always a great deal of stuff to learn from an entrepreneurial experience. How to organize your operation, how to build your personal brand and reach your potential clients, how to develop your standard operating procedure, where should you rent the office, how to adjust the price constantly to satisfy the market dynamic, how to sustain your business by stable income cash flow cycle, and most importantly, how to get the capital to build up all these. You'll learn 10 times more if you really "fail" the business and have to kill your own baby--close down the whole operation, also need find alternative job "fast" to pay back your debt before the interests crash you. You may live in hell for the next 10 months.
So the key question is, did you really "fail" in this case and closed down your venture?
If you eventually survived, then it's actually a "success" story, but only lots of take aways that made your much more "seasoned" in business world. Since the lagacy matters. Adcom should be looking for a "true failure" that totally killed you and reborn from hell. If you flunked your last credit in college and was about to be kicked out by school, but you saved yourself in the last minute by showing all hardworks you've done in clubs so that convinced the dean to keep you in school, this is actually a success story. Since if you really "failed," you really got kicked out from school without a degree, no mercy, and you needed to face the reality that had to compete in job market with regular college graduates, and you didn't know how to write your degree in resume since you didn't have one. The experience would totally change you into a different person that needed to find a job with lower requirement, and you needed to study at night for another 3 years after exhausted work in day time. This "failure" experience could turn you into a super competent candidate since you were forced to become a superman to catch up with others, and it totally changed your life instead of just learned some mistakes from staying in school.
So if you have one, the true failure story will be far more compelling for adcom to know how much it changed you to be a more mature person, and also know how did you deal with the consequence.
Hope these help.
David
李大衛生涯管理中心
NSHMBA美國最大MBA徵才會 首位華人顧問
世上最快樂的人!你也可以~
Never Work Again, To Get Happy and Rich!
“I've been admitted to Harvard Business School. Thank you!” - Ms. W
“I got in from Amazon!” - Ms. H
"透過Career Branding讓我更清楚目標與個人特色，在PE面試備受董事矚目，順利進入公司擔任Associate。非常感謝您!” Ms. L
“我把興趣變工作了!” Mr. L
MBA數百萬豪賭,選校寫Essay苦無頭緒?
熱情生涯在哪?
簡單三步驟: 生涯三驅力,機會管理,個人品牌行銷
davidl@mbacareerfitter.com
Monday Blue Buster 週一MBA生涯公益答疑日~
顯示具有 David's articles on Businessweek Forum 標籤的文章。 顯示所有文章
顯示具有 David's articles on Businessweek Forum 標籤的文章。 顯示所有文章
2008年11月3日 星期一
2008年4月29日 星期二
You guys can ask me on BW B-School Forum "Chinese Ask David"
http://forum.chasedream.com/post.asp?action=re&BoardID=13&replyID=2877557&ID=318066&star=2&reply=true
Q:
以下是引用iammad在2008-4-19 12:25:00的发言：
呵呵, LZ, 还没决定呢?
我看了楼主在BW forum上问问题了. 我觉得BW上的人都是特别执着于ranking的人, 偏执狂比较多.
我觉得还是去Emory吧. :)
A:
You guys can ask me on BW forum @"Chinese Ask David"
BW Business Schools Forum > For International Students > Chinese Ask David
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=75186
it can benefit others globally
Q:
以下是引用iammad在2008-4-19 12:25:00的发言：
呵呵, LZ, 还没决定呢?
我看了楼主在BW forum上问问题了. 我觉得BW上的人都是特别执着于ranking的人, 偏执狂比较多.
我觉得还是去Emory吧. :)
A:
You guys can ask me on BW forum @"Chinese Ask David"
BW Business Schools Forum > For International Students > Chinese Ask David
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=75186
it can benefit others globally
2008年4月11日 星期五
[Career Explorer]Suggested line of work?
美國商周商學院論壇上,
有人詢問25歲若未來要念MBA名校
應該選擇哪種生涯路線
這位詢問者有相當不錯的諮詢顧問潛能
但其中有幾項生涯選擇不合邏輯
請見小弟分析如下
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=75186
From: davidlee0222
Date: 2008-04-12T00:25:50
Very typical example of MBA career management. It's a global business that not limited to Chinese.
· From: dionusos
·
· Total Posts: 64
· Posted: Apr-10
I'm 25 years old, and I have been an administrative assistant for the past 2.5 years. Last 1.5 years at a health care company. I need to look for a new job that will put me in a better position to get into MBA school in a few years. What positions should I look for?
1) "Analyst" ?
2) IT support (I hope it's not hard to pick up and learn...)
3) Fill in the blank.
I just have no clue!
BTW my target industry for post-MBA work... I am very open to anything, but my top choices are Marketing and Finance.
(cont'd.)
I'm not sure how much more specific I can get than saying I want to be the director of a department at a company, a department that makes decisions concerning Brand Management, advancing and protecting the brand image of the company. Do I have to cite a specific company and product? Okay, well, I want to be the director of the Entertainment Department at Sony and decide how to market the next Playstation console.For example, this console generation had a controversial move that Sony was heavily criticized for--inclusion of the Blu-Ray drive (and the requirement that all game developers use the Blu-Ray disc). This raised the price on the PS3 and caused many to say that the xBox 360 would beat out the PS3. Sony, being much more experienced with hardware than the software giant of Microsoft, would surely take a big hit in their brand image in the console industry if this happened. The Sony Playstation became legendary with its second incarnation, but the name Sony was still not as resilient in console gaming as Nintendo, and Sony couldn't afford to lose out in this battle after so much investment.The decision to include Blu-Ray was risky and overlapped into the high-def media war with HD DVD, but winning over Warner Brothers through exclusive deals secured the victory, and now the PS3 is seen as a bargain way to have a gaming console and a high-def media player all in one.The overlapping of media players and console gaming was done before when Sony decided that that the PS2 would feature the software to play DVD movies. The buggy state of the PS2 DVD player led the masses to speculate that Sony would leave console gaming and movie players as separate markets. But Sony surprised everyone with the PS3.I want to be the guy who makes the decisions on how to market Son'y shoe entertainment products. I want to be one who takes Sony's reputation from "Oh yeah they're generally good, but not the best deal caused they are overpriced" to "Oh yeah, Sony!! They make great hardware like gaming consoles and HDTVs!!! Sure it's a little pricey but well worth it. Better to spend $500 on something you love than spend $350 on something that feels cheap and will break on you."I'll add another example if that helps.Pepsi Cola and Coca Cola have very different approaches to marketing their products. Pepsi Cola embraced non-carbonated beverages (Gatorade, Sobe) earlier, and expanded globally much faster than Coca Cola. Coca Cola was a little stubborn with developing non-carboated beverages, and wanted to concentrate on the market in America . Pepsi Cola's advertisement reacnhed out to the younger crowd, known to drink more soft drinks than their older counterparts. Coca Cola, looking back, realized how conservative their advertisement campaign was, and how it did not appeal to the younger generation. Coca Cola also ran into trouble with some of their bottling businesses, some of which were family-run and could not afford the low margin of profit. Coca Cola was losing the battle so bad, that to eliminate debt, Coca Cola brought back a retired ex-president, who came up with the highly regarded "51% solution" of keeping 51% of Coca Cola's stocks, while taking the other 49% and forming the Coke Company (correct me if I am wrong on the exact names). This eliminated millions in debt by taking advantage of a loophole in the law.So to give you an idea of what I want to do, I DON'T want to be the guy who is charged with coming up with the next brilliant 51% solution, but I DO want to be the guy who helps change Coca Cola's strategy of what types of drinks to develop (do we pool our resources into making new kinds of Powerade, or do we make more carbonated drinks?), and where to market the drinks (concentrate on the United States, or spread it out to Europe? Or the whole world?). In general, I'd like to be the guy who made everyone stop saying "Oh yeah, Coke, my dad drinks that" and instead, start saying "Why would I drink that Pepsi when there's perfectly good Coke right here? Save the Pepsi for your little sister."Again, thanks to everyone who has contributed so far. If there is anyone else out there that can make suggestions despite my vaguery, please do so!
Answer:
From: davidlee0222
Total Posts: 30
Posted: 8:09 PM
To: dionusos
:: Unread ::
18 of 18 75386.18
Reply to 75386.9
Hi Dionusos,
I believe you might be facing several blind spots in your career logic now. First is the reverse logic that you're choosing your career paths based on "pursuing a decent MBA." All due respect but the logic is error by nature. Your MBA should be something supplemental that can significantly accelerate your solid career objectives, not a "goal" by itself. Nobody knows what will exactly happen in future, but at least you need a direction or narrowed options as focused as possible, then you can figure out why you need an MBA and what part of it you'll need. So far these career choices are still all random. You need to find out by your career logic.
It's quite obviously that you have some analytical potential, but that may be misleading since the points you analyzed were the "afterward outcomes" that already reflected by the market, and these were only the surface of the operations and business strategies that either PS3 v.s. 360 or Coke v.s. Pepsi you need to go much deep down at least 4 to 5 levels to see internally the short-term and long-term business strategies, market-orientation, consumer perception and demand, brand strategy, product positioning relates to product portfolio, financial structures, supply chain networks, outsourcing practices, competitive landscapes, operation value chain, channel structures and profit splits, and then "forecast" the market for either profitabilities and stock influencials, so as to execute brand promotion, product selling campaigns, and pricing tactics.
But all of these are not your career pathing considerations. Career drivers are 3 major elements: Passion, Characteristics, and Professional Capabilities. Now although you had such a brillent analysis on market, it still cannot confirm whether the consulting-related jobs will be your career yet, since you need some concrete evidence on your real-world career. You need to prove to yourself that consulting or something else can be your life-long career, even though you might need "a decent MBA" first to get into certain industries like consulting, you have to prove your potential first by solid evidence, whatever it can be, to "knock the door" on these professions.
Another key may be your age and experience that 2.5 years are still too unpredictable to try to "settle down" your career. It'll be a huge risk based on very limited evidence and career track. Some of those evidences may be temporary or even false. You need at least a coule of years to observe and examine your best fit from 3 career drivers. Then see if you need a MBA and how significant it can play a role in your life. We can talk in private to find out your career progress and find out those career drivers.
David
MBA Career Manager
davidlee0222big1@gmail.com
"Chinese Ask David": http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=75186
有人詢問25歲若未來要念MBA名校
應該選擇哪種生涯路線
這位詢問者有相當不錯的諮詢顧問潛能
但其中有幾項生涯選擇不合邏輯
請見小弟分析如下
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=75186
From: davidlee0222
Date: 2008-04-12T00:25:50
Very typical example of MBA career management. It's a global business that not limited to Chinese.
· From: dionusos
·
· Total Posts: 64
· Posted: Apr-10
I'm 25 years old, and I have been an administrative assistant for the past 2.5 years. Last 1.5 years at a health care company. I need to look for a new job that will put me in a better position to get into MBA school in a few years. What positions should I look for?
1) "Analyst" ?
2) IT support (I hope it's not hard to pick up and learn...)
3) Fill in the blank.
I just have no clue!
BTW my target industry for post-MBA work... I am very open to anything, but my top choices are Marketing and Finance.
(cont'd.)
I'm not sure how much more specific I can get than saying I want to be the director of a department at a company, a department that makes decisions concerning Brand Management, advancing and protecting the brand image of the company. Do I have to cite a specific company and product? Okay, well, I want to be the director of the Entertainment Department at Sony and decide how to market the next Playstation console.For example, this console generation had a controversial move that Sony was heavily criticized for--inclusion of the Blu-Ray drive (and the requirement that all game developers use the Blu-Ray disc). This raised the price on the PS3 and caused many to say that the xBox 360 would beat out the PS3. Sony, being much more experienced with hardware than the software giant of Microsoft, would surely take a big hit in their brand image in the console industry if this happened. The Sony Playstation became legendary with its second incarnation, but the name Sony was still not as resilient in console gaming as Nintendo, and Sony couldn't afford to lose out in this battle after so much investment.The decision to include Blu-Ray was risky and overlapped into the high-def media war with HD DVD, but winning over Warner Brothers through exclusive deals secured the victory, and now the PS3 is seen as a bargain way to have a gaming console and a high-def media player all in one.The overlapping of media players and console gaming was done before when Sony decided that that the PS2 would feature the software to play DVD movies. The buggy state of the PS2 DVD player led the masses to speculate that Sony would leave console gaming and movie players as separate markets. But Sony surprised everyone with the PS3.I want to be the guy who makes the decisions on how to market Son'y shoe entertainment products. I want to be one who takes Sony's reputation from "Oh yeah they're generally good, but not the best deal caused they are overpriced" to "Oh yeah, Sony!! They make great hardware like gaming consoles and HDTVs!!! Sure it's a little pricey but well worth it. Better to spend $500 on something you love than spend $350 on something that feels cheap and will break on you."I'll add another example if that helps.Pepsi Cola and Coca Cola have very different approaches to marketing their products. Pepsi Cola embraced non-carbonated beverages (Gatorade, Sobe) earlier, and expanded globally much faster than Coca Cola. Coca Cola was a little stubborn with developing non-carboated beverages, and wanted to concentrate on the market in America . Pepsi Cola's advertisement reacnhed out to the younger crowd, known to drink more soft drinks than their older counterparts. Coca Cola, looking back, realized how conservative their advertisement campaign was, and how it did not appeal to the younger generation. Coca Cola also ran into trouble with some of their bottling businesses, some of which were family-run and could not afford the low margin of profit. Coca Cola was losing the battle so bad, that to eliminate debt, Coca Cola brought back a retired ex-president, who came up with the highly regarded "51% solution" of keeping 51% of Coca Cola's stocks, while taking the other 49% and forming the Coke Company (correct me if I am wrong on the exact names). This eliminated millions in debt by taking advantage of a loophole in the law.So to give you an idea of what I want to do, I DON'T want to be the guy who is charged with coming up with the next brilliant 51% solution, but I DO want to be the guy who helps change Coca Cola's strategy of what types of drinks to develop (do we pool our resources into making new kinds of Powerade, or do we make more carbonated drinks?), and where to market the drinks (concentrate on the United States, or spread it out to Europe? Or the whole world?). In general, I'd like to be the guy who made everyone stop saying "Oh yeah, Coke, my dad drinks that" and instead, start saying "Why would I drink that Pepsi when there's perfectly good Coke right here? Save the Pepsi for your little sister."Again, thanks to everyone who has contributed so far. If there is anyone else out there that can make suggestions despite my vaguery, please do so!
Answer:
From: davidlee0222
Total Posts: 30
Posted: 8:09 PM
To: dionusos
:: Unread ::
18 of 18 75386.18
Reply to 75386.9
Hi Dionusos,
I believe you might be facing several blind spots in your career logic now. First is the reverse logic that you're choosing your career paths based on "pursuing a decent MBA." All due respect but the logic is error by nature. Your MBA should be something supplemental that can significantly accelerate your solid career objectives, not a "goal" by itself. Nobody knows what will exactly happen in future, but at least you need a direction or narrowed options as focused as possible, then you can figure out why you need an MBA and what part of it you'll need. So far these career choices are still all random. You need to find out by your career logic.
It's quite obviously that you have some analytical potential, but that may be misleading since the points you analyzed were the "afterward outcomes" that already reflected by the market, and these were only the surface of the operations and business strategies that either PS3 v.s. 360 or Coke v.s. Pepsi you need to go much deep down at least 4 to 5 levels to see internally the short-term and long-term business strategies, market-orientation, consumer perception and demand, brand strategy, product positioning relates to product portfolio, financial structures, supply chain networks, outsourcing practices, competitive landscapes, operation value chain, channel structures and profit splits, and then "forecast" the market for either profitabilities and stock influencials, so as to execute brand promotion, product selling campaigns, and pricing tactics.
But all of these are not your career pathing considerations. Career drivers are 3 major elements: Passion, Characteristics, and Professional Capabilities. Now although you had such a brillent analysis on market, it still cannot confirm whether the consulting-related jobs will be your career yet, since you need some concrete evidence on your real-world career. You need to prove to yourself that consulting or something else can be your life-long career, even though you might need "a decent MBA" first to get into certain industries like consulting, you have to prove your potential first by solid evidence, whatever it can be, to "knock the door" on these professions.
Another key may be your age and experience that 2.5 years are still too unpredictable to try to "settle down" your career. It'll be a huge risk based on very limited evidence and career track. Some of those evidences may be temporary or even false. You need at least a coule of years to observe and examine your best fit from 3 career drivers. Then see if you need a MBA and how significant it can play a role in your life. We can talk in private to find out your career progress and find out those career drivers.
David
MBA Career Manager
davidlee0222big1@gmail.com
"Chinese Ask David": http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=75186
2008年4月7日 星期一
[Program Fitting]Finance IU and Vandy
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74702.15&nav=messages&webtag=bw-bschools
Q:
"While Vandy does have almost 2 levels more sophisticated courses than Kelley, Vandy goes to experiencial and higher academic finance. "
Can you expound on this? I am also choosing between Vandy and IU for finance and would like to get a better understanding of what you mean. Thanks
A:
When you compare both programs and match the courses one by one, you'll see Vandy is slightly more complete while Kelley is a bit speed up and focus more on Investment banking (yellow ones match almost perfectly, red ones are absent). The program logic when you see the course number sequence, Vandy builds quite from the ground and Kelley also solids on the fundamentals while rushs a bit to IB.
Both have very long course lists while Kelley is slightly shorter. Vandy goes more on academic and Kelley goes more on hottest topics of IB. So you can see the general ranking Kelley is higher but Vandy is more a standard in Finance.
(please see the original link, the format here is unclear.)
Vandy
Investments
Corporate Valuation
Corporate Financial Policy
International Financial Markets and Instruments
International Corporate Finance
Equities Markets
Bond Markets
Derivatives Markets
Financial Institutions
Real Estate Financial Analysis
Real Estate Investment & Development
Real Estate Finance and Capital Markets
Mergers and Acquisitions
Venture Capital/Private Equity
Risk Management
Financial Data Analysis
Derivative Securities Valuation
Active Portfolio Management
Special Topics, Corporate Governance
Special Topics in Accounting: Federal Income Taxation of Mergers and Acquisitions
Asset Pricing Theory
Corporate Finance Theory
Empirical Methods in Finance A
Empirical Methods in Finance B
Advanced Finance Theory
Independent Study in Finance
Research Seminar in Corporate Finance
Stochastic Processes
no banking
--
Kelley, IU
BUS-F 506 Commercial and Investment Banking
BUS-F 520 Asset Valuation and Strategy
BUS-F 546 Corporate Financial Strategy
BUS-F 570 International Financial Markets
BUS-F 571 International Corporate Finance
BUS-F 529 Equity Markets
BUS-F 528 Fixed Income Investments
BUS-F 505 Financial Intermediation
BUS-R 590 Independent Study in Real Estate
BUS-R 510 Real Estate Investment
BUS-R 530 Real Estate Finance
BUS-F 517 Venture Capital & Entrepreneurial Finance
BUS-F 525 Corporate Financial Risk Management
BUS-F 526 Derivative Securities
BUS-F 550 Applied Portfolio Selection
BUS-F 548 Corporate Governance and Restructuring
BUS-F 540 The Firm in the Capital Markets
BUS-F 508 Real Options in Capital Budgeting
BUS-F 507 Short-Term Financial Management
BUS-F 560 Special Topics in Finance
BUS-F 551 Special Projects in Investments
BUS-F 590 Independent Study in Finance
BUS-F 590 Independent Study in Finance
BUS-F 553 Special Projects in Investment Banking
BUS-F 554 Special Topics in Investment Banking
BUS-F 535 Security Trading and Market Making
no M&A
no derivatives
Q:
"While Vandy does have almost 2 levels more sophisticated courses than Kelley, Vandy goes to experiencial and higher academic finance. "
Can you expound on this? I am also choosing between Vandy and IU for finance and would like to get a better understanding of what you mean. Thanks
A:
When you compare both programs and match the courses one by one, you'll see Vandy is slightly more complete while Kelley is a bit speed up and focus more on Investment banking (yellow ones match almost perfectly, red ones are absent). The program logic when you see the course number sequence, Vandy builds quite from the ground and Kelley also solids on the fundamentals while rushs a bit to IB.
Both have very long course lists while Kelley is slightly shorter. Vandy goes more on academic and Kelley goes more on hottest topics of IB. So you can see the general ranking Kelley is higher but Vandy is more a standard in Finance.
(please see the original link, the format here is unclear.)
Vandy
Investments
Corporate Valuation
Corporate Financial Policy
International Financial Markets and Instruments
International Corporate Finance
Equities Markets
Bond Markets
Derivatives Markets
Financial Institutions
Real Estate Financial Analysis
Real Estate Investment & Development
Real Estate Finance and Capital Markets
Mergers and Acquisitions
Venture Capital/Private Equity
Risk Management
Financial Data Analysis
Derivative Securities Valuation
Active Portfolio Management
Special Topics, Corporate Governance
Special Topics in Accounting: Federal Income Taxation of Mergers and Acquisitions
Asset Pricing Theory
Corporate Finance Theory
Empirical Methods in Finance A
Empirical Methods in Finance B
Advanced Finance Theory
Independent Study in Finance
Research Seminar in Corporate Finance
Stochastic Processes
no banking
--
Kelley, IU
BUS-F 506 Commercial and Investment Banking
BUS-F 520 Asset Valuation and Strategy
BUS-F 546 Corporate Financial Strategy
BUS-F 570 International Financial Markets
BUS-F 571 International Corporate Finance
BUS-F 529 Equity Markets
BUS-F 528 Fixed Income Investments
BUS-F 505 Financial Intermediation
BUS-R 590 Independent Study in Real Estate
BUS-R 510 Real Estate Investment
BUS-R 530 Real Estate Finance
BUS-F 517 Venture Capital & Entrepreneurial Finance
BUS-F 525 Corporate Financial Risk Management
BUS-F 526 Derivative Securities
BUS-F 550 Applied Portfolio Selection
BUS-F 548 Corporate Governance and Restructuring
BUS-F 540 The Firm in the Capital Markets
BUS-F 508 Real Options in Capital Budgeting
BUS-F 507 Short-Term Financial Management
BUS-F 560 Special Topics in Finance
BUS-F 551 Special Projects in Investments
BUS-F 590 Independent Study in Finance
BUS-F 590 Independent Study in Finance
BUS-F 553 Special Projects in Investment Banking
BUS-F 554 Special Topics in Investment Banking
BUS-F 535 Security Trading and Market Making
no M&A
no derivatives
2008年4月1日 星期二
[BW Forum]Chinese Ask David
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=75186
All due respect. It's not only about the best school offers, it's about your career fit through your MBA. Find out your REAL LIFE career through "3 CAREER ELEMENTS": Passion, Characteristics, and Professional Capabilities. Then find out your FIT MBA accordingly.
MBA Career Consultant for 3 years, Scholarship Committee from top MBA in international field, 3,000 articles in Taiwan and China MBA forums regarding career pathing, curriculum fitting, and personal branding. Consulted 700+ Chinese MBA applicants to find out career passions, and those who later attended their ture fit in top 20 U.S. MBA. Clients also from different cultures including Indian, Korean, Japanese, Thai, and also American.
Personal experience struggled through sales, marketing, market research, and operations functions, in IT, media, telecom, and traditional industries, both in B2B and B2C channels, then found my life-long passion as a career consultant through my MBA. So well familiar with MBA logic on career management. Key MNC experience including IBM, HP, Cisco, and TIME Inc. in global or regional scope.
Just realized here is the real major league and the articles can benefit people from other parts of the world, while we can all learn more from more diverse perspectives.
Please share your brief situation, and I'll try my best to help you on career pathing, curriculum selection, personal branding for your true career-fit MBA.
P.S.
Previous articles on this forum: http://mbacareerfitter.blogspot.com/search/label/David
Bilingual website under construction.
Blogger: http://mbacareerfitter.blogspot.com/
email: davidlee0222big1@gmail.com
Sincerely,
David
All due respect. It's not only about the best school offers, it's about your career fit through your MBA. Find out your REAL LIFE career through "3 CAREER ELEMENTS": Passion, Characteristics, and Professional Capabilities. Then find out your FIT MBA accordingly.
MBA Career Consultant for 3 years, Scholarship Committee from top MBA in international field, 3,000 articles in Taiwan and China MBA forums regarding career pathing, curriculum fitting, and personal branding. Consulted 700+ Chinese MBA applicants to find out career passions, and those who later attended their ture fit in top 20 U.S. MBA. Clients also from different cultures including Indian, Korean, Japanese, Thai, and also American.
Personal experience struggled through sales, marketing, market research, and operations functions, in IT, media, telecom, and traditional industries, both in B2B and B2C channels, then found my life-long passion as a career consultant through my MBA. So well familiar with MBA logic on career management. Key MNC experience including IBM, HP, Cisco, and TIME Inc. in global or regional scope.
Just realized here is the real major league and the articles can benefit people from other parts of the world, while we can all learn more from more diverse perspectives.
Please share your brief situation, and I'll try my best to help you on career pathing, curriculum selection, personal branding for your true career-fit MBA.
P.S.
Previous articles on this forum: http://mbacareerfitter.blogspot.com/search/label/David
Bilingual website under construction.
Blogger: http://mbacareerfitter.blogspot.com/
email: davidlee0222big1@gmail.com
Sincerely,
David
2008年3月28日 星期五
[Program Fitting]URGENT-BABSON VS UNIV OF FLORIDA
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74971.4&nav=messages&webtag=bw-bschools
Q:
Hello
I have been admitted to the MBA programs at Babson (Boston) and UF (Warrington at Florida)
Please help me decide which one I should take (both are 1 year MBA programs)
Profile - GMAT 6XX, greater than 3 years exp in sales (outside US)
Target - marketing position after MBA in USA
Advantages of Florida = higher ranked (rank 37 in US news ) / marketing program is ranked 15 (in US news) / lesser costs
Disadvantages of Florida = since i want to work in the US, not a very strong job market for MBAs in florida
Advantage of Babson = good brand / boston is a good market for mbas
Disadvantages of Babson = higher costs / known only for entrepreneurship
Since the economy is weak , i am not sure whether an international will find a job in US next year .. so i might have to go back to my home country and this will make it difficult to pay the student loans
PLEASE ADVICE URENTLY
A:
although Babson is the best for entrepreneur, you can see why in their very sophisticated program design, it's at least 3 to 4 levels more advanced than UF, no matter in marketing, finance, operation, leadership...etc., whereas UF is not particularly weak but mostly fundamental generals in all fields. But it's good for entry-level, though.
sorry for being quite bias here, my sister graduated from UF and it's a great school. But if you're going to marketing, you'll meet lots of well-seasoned entrepreneurs with tons of real-life marketing experience, and believe me, as an entrepreneur myself also, you'll know how hard is the real-world marketing, also you learn about 30 times deeper than those fundamentals, while the subjects are still the same.
go for the more experienced, way more sophisticated curriculum design, and also more down-to-earth network. it'll worth it.
Q:
Hello
I have been admitted to the MBA programs at Babson (Boston) and UF (Warrington at Florida)
Please help me decide which one I should take (both are 1 year MBA programs)
Profile - GMAT 6XX, greater than 3 years exp in sales (outside US)
Target - marketing position after MBA in USA
Advantages of Florida = higher ranked (rank 37 in US news ) / marketing program is ranked 15 (in US news) / lesser costs
Disadvantages of Florida = since i want to work in the US, not a very strong job market for MBAs in florida
Advantage of Babson = good brand / boston is a good market for mbas
Disadvantages of Babson = higher costs / known only for entrepreneurship
Since the economy is weak , i am not sure whether an international will find a job in US next year .. so i might have to go back to my home country and this will make it difficult to pay the student loans
PLEASE ADVICE URENTLY
A:
although Babson is the best for entrepreneur, you can see why in their very sophisticated program design, it's at least 3 to 4 levels more advanced than UF, no matter in marketing, finance, operation, leadership...etc., whereas UF is not particularly weak but mostly fundamental generals in all fields. But it's good for entry-level, though.
sorry for being quite bias here, my sister graduated from UF and it's a great school. But if you're going to marketing, you'll meet lots of well-seasoned entrepreneurs with tons of real-life marketing experience, and believe me, as an entrepreneur myself also, you'll know how hard is the real-world marketing, also you learn about 30 times deeper than those fundamentals, while the subjects are still the same.
go for the more experienced, way more sophisticated curriculum design, and also more down-to-earth network. it'll worth it.
[Program Fitting]IU, OSU, MSU
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74702.10&nav=messages&webtag=bw-bschools
Q:
Hi Guys,
Its that time of making choices. I have been accepted at following schools
IU - Good ranking, great marketing program, waiting for schol info
OSU - great resources, strong ops and logistics, waiting for schol info
MSU- great supply chain and ops, bad location, full schol + stipend
Vandy - great finance, good location, 30k schol
I am an engineer and most likely want to do operations and finance...
Any suggestions are appreciated...
My profile 700/5yrs WE-Automotive/Operations & Finance major.
A:
Hi Harry
For some reasons, I believe your decision doesn't lie in these schools or which one has the best fin or ops or whatever it is. All 4 schools have totally different career paths for you. The main criteria is why and how do you need your fin and ops based on you 5 yr engineer background. It depends heavily on where exactly are you heading for, and what specific parts do you need from either fin or ops. How do you weight them and why.
Why would you like to go operation and finance as an engineer? these are totally 3 different planets. I believe the reason lies within your original rationale and it must be a good one, and it'll definitely be your criteria to choose these schools from. What's your goals and career paths look like?
IU has almost the best marketing strategy curriculum in the league, while it's really shining on this field that it's easy to overlook its strong finance. While Vandy does have almost 2 levels more sophisticated courses than Kelley, Vandy goes to experiencial and higher academic finance.
For the supply Chain and operations, OSU connects more completely toward the front end and market-oriented, and it's harder and tougher to balance through the value chain. But there's a weird part that MSU although has a better reputation on supply chain and ops, the courses seems smaller selection than Fisher.
But all these are only the school part. All that matter is where exactly are you going? what kind of combination or mixture do you need on fin and ops, and why that mix will help you achieve your career in which field? the school selection should be based more specifically on what elements do you need and why, not from any rank or vote.
Q:
Hi Guys,
Its that time of making choices. I have been accepted at following schools
IU - Good ranking, great marketing program, waiting for schol info
OSU - great resources, strong ops and logistics, waiting for schol info
MSU- great supply chain and ops, bad location, full schol + stipend
Vandy - great finance, good location, 30k schol
I am an engineer and most likely want to do operations and finance...
Any suggestions are appreciated...
My profile 700/5yrs WE-Automotive/Operations & Finance major.
A:
Hi Harry
For some reasons, I believe your decision doesn't lie in these schools or which one has the best fin or ops or whatever it is. All 4 schools have totally different career paths for you. The main criteria is why and how do you need your fin and ops based on you 5 yr engineer background. It depends heavily on where exactly are you heading for, and what specific parts do you need from either fin or ops. How do you weight them and why.
Why would you like to go operation and finance as an engineer? these are totally 3 different planets. I believe the reason lies within your original rationale and it must be a good one, and it'll definitely be your criteria to choose these schools from. What's your goals and career paths look like?
IU has almost the best marketing strategy curriculum in the league, while it's really shining on this field that it's easy to overlook its strong finance. While Vandy does have almost 2 levels more sophisticated courses than Kelley, Vandy goes to experiencial and higher academic finance.
For the supply Chain and operations, OSU connects more completely toward the front end and market-oriented, and it's harder and tougher to balance through the value chain. But there's a weird part that MSU although has a better reputation on supply chain and ops, the courses seems smaller selection than Fisher.
But all these are only the school part. All that matter is where exactly are you going? what kind of combination or mixture do you need on fin and ops, and why that mix will help you achieve your career in which field? the school selection should be based more specifically on what elements do you need and why, not from any rank or vote.
2008年3月19日 星期三
[Career Explorer]Please Gui de :Supply chain mgmt MBA
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=74332
Q:
Hi ,I have got admission in 2 B schools.I wanted to MBA in Supply Chain management.But yesterday i was searching in google Supply chain jobs in USA i could se only Truck transporation and very local (non reputed ) companies in my search results.Now i have two doubts:One is if i do Supply chain MBA what type of profile i will get after grad. I wanted to be in strategic consulting in Supply chain domain. I have 3 years expeience in IT Consulting.What are he companies which take supply chain grads.Second is the type of comanies i cud see in my google i was confused if such coimpanies do sponsor the H1B job for international students . In other words, leaving finance and IT does the US copmanies sponsor fo r H1B for SCM doamin?Thanks.
A:
Supply chain has very broad application in real-world operations. Sourcing, procurement, logistics, transportations, lean productions, inventory management, assembly line...etc., you name it.
Basically from the manufacturing line til market, everything from outside the factory are related to supply chain. Automobile industry is a typical field to go. Also manufacturing industries. IT industry need it too.
You can go IT industry to consult them the efficiency inhancement on supply chain management.
For the H1B issue, it really depends on what specific skills or advantages over American MBAs you've got and what specific position and functionality the recruitor needs from you.
You may have some cultural or language advantage to help your future company grow. The American companies are more likely send you back to your country, while you can try the companies from your country but now based in the U.S. might be easier.
davidlee0222big1@gmail.com
Q:
Hi ,I have got admission in 2 B schools.I wanted to MBA in Supply Chain management.But yesterday i was searching in google Supply chain jobs in USA i could se only Truck transporation and very local (non reputed ) companies in my search results.Now i have two doubts:One is if i do Supply chain MBA what type of profile i will get after grad. I wanted to be in strategic consulting in Supply chain domain. I have 3 years expeience in IT Consulting.What are he companies which take supply chain grads.Second is the type of comanies i cud see in my google i was confused if such coimpanies do sponsor the H1B job for international students . In other words, leaving finance and IT does the US copmanies sponsor fo r H1B for SCM doamin?Thanks.
A:
Supply chain has very broad application in real-world operations. Sourcing, procurement, logistics, transportations, lean productions, inventory management, assembly line...etc., you name it.
Basically from the manufacturing line til market, everything from outside the factory are related to supply chain. Automobile industry is a typical field to go. Also manufacturing industries. IT industry need it too.
You can go IT industry to consult them the efficiency inhancement on supply chain management.
For the H1B issue, it really depends on what specific skills or advantages over American MBAs you've got and what specific position and functionality the recruitor needs from you.
You may have some cultural or language advantage to help your future company grow. The American companies are more likely send you back to your country, while you can try the companies from your country but now based in the U.S. might be easier.
davidlee0222big1@gmail.com
2008年3月18日 星期二
[Personal Marketing]Internship / International Student
http://forums.businessweek.com/n/pfx/forum.aspx?msg=73847.1&nav=messages&webtag=bw-bschools
Q:
Hi All,I am a current first year student. I applied and was fortunate enough to be selected to be interviewed for one of JNJ's summer internship. However, I did not pass the sniff test as I do not have perm work authorization in the US. Doesn't matter that one could apply for CPT or whatever , since it's 'perm authorization't that they are looking for.The impression I get is that most int. students would end up with something that they do not really want to do. I am hoping that some of you out there would share your experiences and how you managed to get that internship.
A:
go find some small enterprises that need your experience and skill sets
or find companies from your country that based in States
they may lower your salary level for your work authorization
but no big deal
since after your first VISA, it's pretty easy to transfer to another job
these are 2 easier ways to get a job plus VISA sponsorship
Q:
Hi All,I am a current first year student. I applied and was fortunate enough to be selected to be interviewed for one of JNJ's summer internship. However, I did not pass the sniff test as I do not have perm work authorization in the US. Doesn't matter that one could apply for CPT or whatever , since it's 'perm authorization't that they are looking for.The impression I get is that most int. students would end up with something that they do not really want to do. I am hoping that some of you out there would share your experiences and how you managed to get that internship.
A:
go find some small enterprises that need your experience and skill sets
or find companies from your country that based in States
they may lower your salary level for your work authorization
but no big deal
since after your first VISA, it's pretty easy to transfer to another job
these are 2 easier ways to get a job plus VISA sponsorship
[Program Fitting]Ding dong ding :(
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74251.10&nav=messages&webtag=bw-bschools
Q:
My dings are from Cornell , MIT Sloan and NYU Stern. My profile : M/710/5+ WE in IT/GPA 3.6 , not great extra curriculars , essays for some of the schools above were good rest average.
A:
Hi there
your score and experience are quite decent
but it depends quite heavily on what specific field are you looking for in your career
so far these 3 schools are frankly not in the same pool, although they're top 15
no particular correlation among these 3 schools
not matter in general competition or in specific career professions
Sloan is really top in general management and finance
NYU is highly competitive but not the very top in finance
Cornell is competitive in general management but quite balance in all fields
It might mean that you can dig one step further to find your true fit
after figuring out your real career soul,
the fit schools will emerge by themselves
and your essays will also be brilliant naturally
Q:
My dings are from Cornell , MIT Sloan and NYU Stern. My profile : M/710/5+ WE in IT/GPA 3.6 , not great extra curriculars , essays for some of the schools above were good rest average.
A:
Hi there
your score and experience are quite decent
but it depends quite heavily on what specific field are you looking for in your career
so far these 3 schools are frankly not in the same pool, although they're top 15
no particular correlation among these 3 schools
not matter in general competition or in specific career professions
Sloan is really top in general management and finance
NYU is highly competitive but not the very top in finance
Cornell is competitive in general management but quite balance in all fields
It might mean that you can dig one step further to find your true fit
after figuring out your real career soul,
the fit schools will emerge by themselves
and your essays will also be brilliant naturally
2008年3月12日 星期三
[Personal Branding]Which option is better? 4th tier in-class or top schools online
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74765.1&nav=messages&webtag=bw-bschools
Q:
Would it look better to admissions committees if I took Stats, Accounting, and Microeconomics:
1)...at an in-person classroom-setting but at a local community college or 4th tier undergraduate university?
Or
2)...online at a more respected undergraduate university like UC - Berkeley, UCLA, or UTexas - Austin?
Cost differences aren't much. As far as my academic background already I haven't taken the GMAT yet and I have a 3.5 GPA from a top ten undergraduate university. However, my major and minor were in liberal arts subjects. I do have some quant courses from undergrad already, but the grades aren't too high (Physics courses: A, B, B-; Calculus courses: C-, C).
A:
Hi ElleBee,
Probably you can mention both of them and show your aggressiveness and the motivation to adcom. Either of them has pros and cons while together they are complemantory to each other. It'll also show that although you're physically in a lower tier classes but you're eager to thrive in the fields that you voluntarily took extra courses in highly competitive schools.
I believe adcom will be more interested in the reasoning behind and your personal career objectives. At least in those sample essays.
Q:
Would it look better to admissions committees if I took Stats, Accounting, and Microeconomics:
1)...at an in-person classroom-setting but at a local community college or 4th tier undergraduate university?
Or
2)...online at a more respected undergraduate university like UC - Berkeley, UCLA, or UTexas - Austin?
Cost differences aren't much. As far as my academic background already I haven't taken the GMAT yet and I have a 3.5 GPA from a top ten undergraduate university. However, my major and minor were in liberal arts subjects. I do have some quant courses from undergrad already, but the grades aren't too high (Physics courses: A, B, B-; Calculus courses: C-, C).
A:
Hi ElleBee,
Probably you can mention both of them and show your aggressiveness and the motivation to adcom. Either of them has pros and cons while together they are complemantory to each other. It'll also show that although you're physically in a lower tier classes but you're eager to thrive in the fields that you voluntarily took extra courses in highly competitive schools.
I believe adcom will be more interested in the reasoning behind and your personal career objectives. At least in those sample essays.
2008年3月11日 星期二
[Career Explorer]EMBA for a career change?
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74323.9&webtag=bw-bschools
Q:
Also from NYC area I am 37 with 13 years experience in IT Consulting and Services. I have owned my own company for the last 8 years and have employed up to 6 consultants and have managed up to 45 people during projects my company has engaged in. Most of my projects are with investment banks and hedge funds. Will have masters in Software Engineering from Brandeis University in early 2009.Looking to move from IT consulting to management consulting or IB?
The few information sessions I have attended showcased former students that were all career changers. It’s seems to me that it would be a great move if the career services are there. I think a lot of companies would appreciate the experience we both have in conjunction with the MBA. In the end, I think the MBA only gives you the basic skills and opens doors (to what degree depends on program) after that it’s up to you. I am just concerned about the salary as I already am in the 180-200+ range. I am wondering if it is worth it or if I need a top program if I already have the IB and hedge fund contacts needed to make the move.
What Schools are you looking at?My thoughts on our local options
The NYU part time program looks to have issues with its students fully capitalizing on the NYU nameWharton, Columbia and Cornell (Palisades) programs are close to NYC but expensive (130K +).Baruch, Fordham are lower tier but good reps in NY from what I hear.-->-->
-->-->Indiana--> -->University-->--> has an Online program dual MBA/MS in Finance for 54K but I am reading that IU is more of a regional school and not well known in NY in terms of Alumni.
--> -->
UMASS-Amherst - went here for undergrad – they have very cheap 25K Online MBA
A:
I believe there're some critical trigger points to push you on career switching. There're several dimensions need to be considered separately. First, MBA or EMBA? I believe you need one of them, but is the career switching necessary to you? it depends hugely on your passion. IT consulting is more like a service consultant + sales, while you made big $ on that as a king. MC is more like a corporate doctor that you need to diagnose the enterprise problems and provide solutions based on models and financial tools; on the other hand, IB is like a industrial analyst + fund strategist to allocate your clients' $. You'll lose your power in either MC or IB, make about 60% of your current compensation, and work your ass off, probably 12~16 hrs a day in average. Both of these jobs are more suitable for early 30s since they don't need to sleep and are available to fly around the world.
It's never too late to switch career, but where are you going and why.
For other minor considerations, your GMAT scores, family, locations, needed curriculum, and still, MBA or EMBA. if for MC or IB, probably MBA can offer you a more solid training on finance and consulting fundamentals. You're still in very decent age for MBA, while EMBA might be for older executives.
But EMBA might be a great platform to let you share your business amplitude with other executives and hook up with bigger scope in management challenges.
The most important thing is to find out what drives your passion. Then find out where's your next career challenge. What's the gap between your destination and current situation, then the needed part of business training will emerge by itself.
GMAT is the first step for selecting schools. EMBA tends to have lower requirements. But I believe with your abundant entrepreneurial experience, only those very top schools can make up what you lack for.
Q:
Also from NYC area I am 37 with 13 years experience in IT Consulting and Services. I have owned my own company for the last 8 years and have employed up to 6 consultants and have managed up to 45 people during projects my company has engaged in. Most of my projects are with investment banks and hedge funds. Will have masters in Software Engineering from Brandeis University in early 2009.Looking to move from IT consulting to management consulting or IB?
The few information sessions I have attended showcased former students that were all career changers. It’s seems to me that it would be a great move if the career services are there. I think a lot of companies would appreciate the experience we both have in conjunction with the MBA. In the end, I think the MBA only gives you the basic skills and opens doors (to what degree depends on program) after that it’s up to you. I am just concerned about the salary as I already am in the 180-200+ range. I am wondering if it is worth it or if I need a top program if I already have the IB and hedge fund contacts needed to make the move.
What Schools are you looking at?My thoughts on our local options
The NYU part time program looks to have issues with its students fully capitalizing on the NYU nameWharton, Columbia and Cornell (Palisades) programs are close to NYC but expensive (130K +).Baruch, Fordham are lower tier but good reps in NY from what I hear.-->-->
-->-->Indiana--> -->University-->--> has an Online program dual MBA/MS in Finance for 54K but I am reading that IU is more of a regional school and not well known in NY in terms of Alumni.
--> -->
UMASS-Amherst - went here for undergrad – they have very cheap 25K Online MBA
A:
I believe there're some critical trigger points to push you on career switching. There're several dimensions need to be considered separately. First, MBA or EMBA? I believe you need one of them, but is the career switching necessary to you? it depends hugely on your passion. IT consulting is more like a service consultant + sales, while you made big $ on that as a king. MC is more like a corporate doctor that you need to diagnose the enterprise problems and provide solutions based on models and financial tools; on the other hand, IB is like a industrial analyst + fund strategist to allocate your clients' $. You'll lose your power in either MC or IB, make about 60% of your current compensation, and work your ass off, probably 12~16 hrs a day in average. Both of these jobs are more suitable for early 30s since they don't need to sleep and are available to fly around the world.
It's never too late to switch career, but where are you going and why.
For other minor considerations, your GMAT scores, family, locations, needed curriculum, and still, MBA or EMBA. if for MC or IB, probably MBA can offer you a more solid training on finance and consulting fundamentals. You're still in very decent age for MBA, while EMBA might be for older executives.
But EMBA might be a great platform to let you share your business amplitude with other executives and hook up with bigger scope in management challenges.
The most important thing is to find out what drives your passion. Then find out where's your next career challenge. What's the gap between your destination and current situation, then the needed part of business training will emerge by itself.
GMAT is the first step for selecting schools. EMBA tends to have lower requirements. But I believe with your abundant entrepreneurial experience, only those very top schools can make up what you lack for.
2008年3月6日 星期四
[Program Fitting]Top UG, not quite top B-school
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74683.1&nav=messages&webtag=bw-bschools
Q:
Not sure if there are any others out their in the same boat, but I'm curious if anyone else is or will be attending a top 20-30ish b-school after previously attending a top 5-10 UG. Obviously our existing networks will be a big help, but how do you think you our resumes will be viewed in the post-mba market place? How will our chances for top jobs compare to those with no-name UG degrees, but big name MBAs? When you see job listings specifying Ivy League/Top 10 Bschool Graduates do you think our resumes will still qualify for a read or be immediately tossed in the circular file? How legit is it to attend recruiting events (particularly MBA level recruiting events) at your UG institution?
Thanks
A:
MBA students normally have about 5 years experience already that undergraduate is a long history far away from now. It's normally less representitive since MBA is the real battle field that almost 5~10 times more intense than UG.
Recruiters generally more focus on MBA competence and school strength. Also alumni network in MBA field will be more powerful and relevent than college one. While as always, school name is only a ticket to get interviews, not offers. Recruiters select job candidates base on school competence at the first step, but the rest part is on your own. They'll probably be impressed by your UG if it's a top 5, but mostly it's MBA that matters. That's my personal observation from several national career fairs like NSHMBA.
Q:
Not sure if there are any others out their in the same boat, but I'm curious if anyone else is or will be attending a top 20-30ish b-school after previously attending a top 5-10 UG. Obviously our existing networks will be a big help, but how do you think you our resumes will be viewed in the post-mba market place? How will our chances for top jobs compare to those with no-name UG degrees, but big name MBAs? When you see job listings specifying Ivy League/Top 10 Bschool Graduates do you think our resumes will still qualify for a read or be immediately tossed in the circular file? How legit is it to attend recruiting events (particularly MBA level recruiting events) at your UG institution?
Thanks
A:
MBA students normally have about 5 years experience already that undergraduate is a long history far away from now. It's normally less representitive since MBA is the real battle field that almost 5~10 times more intense than UG.
Recruiters generally more focus on MBA competence and school strength. Also alumni network in MBA field will be more powerful and relevent than college one. While as always, school name is only a ticket to get interviews, not offers. Recruiters select job candidates base on school competence at the first step, but the rest part is on your own. They'll probably be impressed by your UG if it's a top 5, but mostly it's MBA that matters. That's my personal observation from several national career fairs like NSHMBA.
2008年3月3日 星期一
[Program Fitting]IU vs. Georgetown
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74611.2&webtag=bw-bschools
Q:
Hello,I'd like to know what the thoughts are on Indiana vs. Georgetown in corporate finance. I assume IU would be stronger for the midwest (chicago) and Georgetown stronger for mid-atlantic/northeast. Other than name brand where Georgetown seems to win, is there any thoughts on why IU might be better? Specifically, since IU has a Finance track and Georgetown is General Management, would it be more beneficial to go to IU?Thanks
A:
It's a tough choice here. Both schools have pros and cons. Both finance are solid, Indiana Kelley has marginally longer in course list, while more than 40% of graduates from Georgetown McDonough work in finance industry, comparing to 35% from Kelley.
Georgetown McDonough is pretty good in finance, offering 22 course combined with accounting. And when you see Kelley, they're almost identical while only finance alone offers a bit longer 24 courses, the sophistication of both program are very similar.
While on the rest part of the program, Kelley is ranked about 5 places higher than McDonough. This can mean that Kelley has a more committed and competitve students body, while McDonough graduates are more spread out and work in different regions, and salary is higherthan Kelley.
Very close call depends on how specific will you dedicate your MBA into finance. Kelley should be more well-rounded in overall resources and other fields of business profession. But if you focus solely on finance, you might probably get more finance friends in McDonough. Location matters too. Kelley is much more in midwest, while McDonugh spreads out in NE and Mid-Atlantic.
Q:
Hello,I'd like to know what the thoughts are on Indiana vs. Georgetown in corporate finance. I assume IU would be stronger for the midwest (chicago) and Georgetown stronger for mid-atlantic/northeast. Other than name brand where Georgetown seems to win, is there any thoughts on why IU might be better? Specifically, since IU has a Finance track and Georgetown is General Management, would it be more beneficial to go to IU?Thanks
A:
It's a tough choice here. Both schools have pros and cons. Both finance are solid, Indiana Kelley has marginally longer in course list, while more than 40% of graduates from Georgetown McDonough work in finance industry, comparing to 35% from Kelley.
Georgetown McDonough is pretty good in finance, offering 22 course combined with accounting. And when you see Kelley, they're almost identical while only finance alone offers a bit longer 24 courses, the sophistication of both program are very similar.
While on the rest part of the program, Kelley is ranked about 5 places higher than McDonough. This can mean that Kelley has a more committed and competitve students body, while McDonough graduates are more spread out and work in different regions, and salary is higherthan Kelley.
Very close call depends on how specific will you dedicate your MBA into finance. Kelley should be more well-rounded in overall resources and other fields of business profession. But if you focus solely on finance, you might probably get more finance friends in McDonough. Location matters too. Kelley is much more in midwest, while McDonugh spreads out in NE and Mid-Atlantic.
[Program Fitting]Darden Vs. Duke - Which is better?
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=31&nav=messages&webtag=bw-bschools&tid=74404
Q:
(Anyone who wants to get into Strategy consulting - which is better - Duke or Darden? I have admits from both and have a tough time deciding..... )
Thank you very much davidlee0222. For some reason the Darden class links you posted don't work, can you send them again? Thanks in advance.
A:
http://registrar.darden.virginia.edu/registrar-student/catalog/SearchCatalog.tap
put your desire years and all finance fields under MBA and submit
you'll get a long list
then compare one by one with Fuqua on each field
you'll see the subtle difference
but I agree that no big difference between Fuqua and Darden
graduates will get finance jobs because of either one, and will not be an excuse for no job from either one
Q:
(Anyone who wants to get into Strategy consulting - which is better - Duke or Darden? I have admits from both and have a tough time deciding..... )
Thank you very much davidlee0222. For some reason the Darden class links you posted don't work, can you send them again? Thanks in advance.
A:
http://registrar.darden.virginia.edu/registrar-student/catalog/SearchCatalog.tap
put your desire years and all finance fields under MBA and submit
you'll get a long list
then compare one by one with Fuqua on each field
you'll see the subtle difference
but I agree that no big difference between Fuqua and Darden
graduates will get finance jobs because of either one, and will not be an excuse for no job from either one
2008年2月26日 星期二
[Career Explorer]What did I do Wrong!?
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=11&nav=messages&webtag=bw-bschools&tid=74497
Q:
With the application increase this year, I am really losing hope on my chance to get in an MBA class of 2010. I know that my mainweakness is my GMAT i score high in quant and extremely low in verbal total to 650 and even worse I am an international student. But I thought i had good background 3.54 UG/currently 3.5yrs work exp in Brokerage firm in the US/ co manage a small manufacturer in Thailand/ and a couple volunteer experience that are actually meaningful to me as a person. Also I have a clear goal of where i want to be post MBA and my ultimate goal is to better lives of people in South East Asia thru my consulting firm and I thought they would look over my flaw for my unique background. BUT AGAIN....I got dinged from CHicago and Wharton ALREADY and now I wonder how will i make it at YALE, CORNELL, DARDEN, MIT, and DUKE???? I'm thinking of studying for gmat and get my score up to 730+ , but seriously guys, what are my chances of the rest of the schools I apply to? and Plus I cant reapply unless i know what i did wrong beside the GMAT part? This is costing me some serious money and heartache already hmmm Pls Advice!
A:
You did nothing wrong, but frankly not in the main battle field. Even you get a 730 in GMAT, you're still not in the core competition since your work experience is still too weak compare to the almost-6-yr-in-average pool. Even a 9-yr may get a ding. GMAT is essential but not critical, instead it's your career path, the overall quality of essays for fit programs, and the deep touch of your life. Those extracurriculars are not like a check list but how you interpret the love of your life.
You have several key fields regarding your overall application package need to be improved, despite your GMAT score and work experience. First is your career objectives and the "fit" of an MBA program. The schools you applied are dramatically different in either their positionings or strengths. They reflect your career objectives and goals must be quite blur that the fit schools didn't emerge by themselves. This issue alone can fail you in any application.
Second is your myth. MBA is not a goal, it's a training process. The best schools have the most resources and highest quality faculty, but it doesn't mean you know how to use it. Harvard is a great title to make you a bigger chance to have interviews, but recruiters hire people because of you, not the school name.
Third is your competitiveness. If only 2 dings from those heaven schools can frustrate you like this, you might feel very lucky to be dinged. In those schools, every second is war. If you've been to Harvard, you'll feel the extreme tension starts from the sub station. You can sense a very uncomfortable atmosphere that about 3 people out of 10 don't dare to look at you in the eyes, even you're only a tourist. It's very clear that many of them their confidences are completely crashed by other extremely competent classmates. It's pretty easy to meet someone with full score GMAT or TOEFL on campus, or both, and others have Ph.D already or Olympic titles. Just walk through the cafe shop you'll see the case page they study is all in black that hundreds lines of notes. How can they get a 650 GMAT? It has to be 800!! If you're not from another planet also, don't even try to ruin your life. There're good reasons that recruiters like big titles, but also better reasons to hate them.
The last one is your attitude. Career competence is intrinsic that lies in your personality and your capabilities, not extrinsic from a school name or from a score. You perform extracurriculars for those needed people, not for a school admission. People success by themselves, not given by others. Schools have different positionings and it depends on which one is your true fit, also how smart you leverage it. People not from top schools don't need to die, instead they have better agility and flexibility that no need to compete with imposible rivals and have more time to focus on their own paths.
Q:
With the application increase this year, I am really losing hope on my chance to get in an MBA class of 2010. I know that my mainweakness is my GMAT i score high in quant and extremely low in verbal total to 650 and even worse I am an international student. But I thought i had good background 3.54 UG/currently 3.5yrs work exp in Brokerage firm in the US/ co manage a small manufacturer in Thailand/ and a couple volunteer experience that are actually meaningful to me as a person. Also I have a clear goal of where i want to be post MBA and my ultimate goal is to better lives of people in South East Asia thru my consulting firm and I thought they would look over my flaw for my unique background. BUT AGAIN....I got dinged from CHicago and Wharton ALREADY and now I wonder how will i make it at YALE, CORNELL, DARDEN, MIT, and DUKE???? I'm thinking of studying for gmat and get my score up to 730+ , but seriously guys, what are my chances of the rest of the schools I apply to? and Plus I cant reapply unless i know what i did wrong beside the GMAT part? This is costing me some serious money and heartache already hmmm Pls Advice!
A:
You did nothing wrong, but frankly not in the main battle field. Even you get a 730 in GMAT, you're still not in the core competition since your work experience is still too weak compare to the almost-6-yr-in-average pool. Even a 9-yr may get a ding. GMAT is essential but not critical, instead it's your career path, the overall quality of essays for fit programs, and the deep touch of your life. Those extracurriculars are not like a check list but how you interpret the love of your life.
You have several key fields regarding your overall application package need to be improved, despite your GMAT score and work experience. First is your career objectives and the "fit" of an MBA program. The schools you applied are dramatically different in either their positionings or strengths. They reflect your career objectives and goals must be quite blur that the fit schools didn't emerge by themselves. This issue alone can fail you in any application.
Second is your myth. MBA is not a goal, it's a training process. The best schools have the most resources and highest quality faculty, but it doesn't mean you know how to use it. Harvard is a great title to make you a bigger chance to have interviews, but recruiters hire people because of you, not the school name.
Third is your competitiveness. If only 2 dings from those heaven schools can frustrate you like this, you might feel very lucky to be dinged. In those schools, every second is war. If you've been to Harvard, you'll feel the extreme tension starts from the sub station. You can sense a very uncomfortable atmosphere that about 3 people out of 10 don't dare to look at you in the eyes, even you're only a tourist. It's very clear that many of them their confidences are completely crashed by other extremely competent classmates. It's pretty easy to meet someone with full score GMAT or TOEFL on campus, or both, and others have Ph.D already or Olympic titles. Just walk through the cafe shop you'll see the case page they study is all in black that hundreds lines of notes. How can they get a 650 GMAT? It has to be 800!! If you're not from another planet also, don't even try to ruin your life. There're good reasons that recruiters like big titles, but also better reasons to hate them.
The last one is your attitude. Career competence is intrinsic that lies in your personality and your capabilities, not extrinsic from a school name or from a score. You perform extracurriculars for those needed people, not for a school admission. People success by themselves, not given by others. Schools have different positionings and it depends on which one is your true fit, also how smart you leverage it. People not from top schools don't need to die, instead they have better agility and flexibility that no need to compete with imposible rivals and have more time to focus on their own paths.
2008年2月21日 星期四
[Personal Branding]Stanford Application
範例請見此連結
http://www.mbacareerfitter.com/pdf/PhaseIII_sample_MrV.pdf
以下為來信往返內容
Q:
Hi,
I got your mail id from a chat forum on businessweek.......you offered to help a prospect there, and I too am one.....would you be willing to assess my chances of application to Stanford R2....have applied already, was just a little keen to show it to someone who'd give me an informed advice.....
A:
Hi V,
Sorry I was quite busy yesterday. I read your package and would like to comment that you may have a 70~80% chance to get into Stanford GSB. As I interacted with Stanford's adcom last year in national MBA career fair, they positioned GSB as a general management school like a compact Harvard, not particularly entrepreneurial or high-tech. Of course they have major presense of super successful entrepreneurs and high-tech professionals, but it's because of the location and the regional environment, not by intention, according to the adcom.
You have some extraordinary achievements in several giant companies, lots of impressive extracurricular activities, especially flying, and you leveraged it as your major value in terms of "freedom." You also positioned yourself as an entrepreneur to match the aspirational entrepreneurship spirit in Stanford GSB. And obviously you'd read lots of novels that your essays were really splendid and attractive for adcoms to keep reading your stories. All of these were great advantages to your essay package.
However, your essays and stories were, not critically, but somewhat incomplete. While not only your stories, but also your career logic was a little bit vague. Your GPA, even not in the U.S. 4.0 system, could make adcom frown, either. Your 700+ GMAT can make up a bit for your academic capacity, but the break down matters that your V was only 35.
The essay materials you picked was majorly "freedom" and "entrepreneurship," also altruism to poverty. All of them were great, but the freedom part was not assertive enough. It worked well with your flying hobby but it was quite empty beyond this freedom value. You may need 1 to 2 steps deeper to fulfill this value with more progressive extension like "innovation" or "exploration" to achieve some goals ahead. You also need to correlate all these values with your career goals, and these goals should be lined up with a core theme that inevitably need the Stanford GSB. So far these values are saperated from each other.
The 3rd and 4th essays could go 1 step further, too. And the financial plan for poverty and be connected with the entrepreneurship one, while you need a clear and specific business plan for your entrepreneurial dream, or at least have a clear direction that you're already on your way. The 4th one was a bit pity that you could leverage the constraint to explain what and how will you leverage GSB.
But don't get discourged by any of these, you still have big chance. Overall, since you have pretty decent and solid experience, also quite well-rounded personality and interesting life, you should be able to get the interview, and may be blessed to have an admission if you correlate all the dots and ace in the interview.
Sincerely,
David
http://www.mbacareerfitter.com/pdf/PhaseIII_sample_MrV.pdf
以下為來信往返內容
Q:
Hi,
I got your mail id from a chat forum on businessweek.......you offered to help a prospect there, and I too am one.....would you be willing to assess my chances of application to Stanford R2....have applied already, was just a little keen to show it to someone who'd give me an informed advice.....
A:
Hi V,
Sorry I was quite busy yesterday. I read your package and would like to comment that you may have a 70~80% chance to get into Stanford GSB. As I interacted with Stanford's adcom last year in national MBA career fair, they positioned GSB as a general management school like a compact Harvard, not particularly entrepreneurial or high-tech. Of course they have major presense of super successful entrepreneurs and high-tech professionals, but it's because of the location and the regional environment, not by intention, according to the adcom.
You have some extraordinary achievements in several giant companies, lots of impressive extracurricular activities, especially flying, and you leveraged it as your major value in terms of "freedom." You also positioned yourself as an entrepreneur to match the aspirational entrepreneurship spirit in Stanford GSB. And obviously you'd read lots of novels that your essays were really splendid and attractive for adcoms to keep reading your stories. All of these were great advantages to your essay package.
However, your essays and stories were, not critically, but somewhat incomplete. While not only your stories, but also your career logic was a little bit vague. Your GPA, even not in the U.S. 4.0 system, could make adcom frown, either. Your 700+ GMAT can make up a bit for your academic capacity, but the break down matters that your V was only 35.
The essay materials you picked was majorly "freedom" and "entrepreneurship," also altruism to poverty. All of them were great, but the freedom part was not assertive enough. It worked well with your flying hobby but it was quite empty beyond this freedom value. You may need 1 to 2 steps deeper to fulfill this value with more progressive extension like "innovation" or "exploration" to achieve some goals ahead. You also need to correlate all these values with your career goals, and these goals should be lined up with a core theme that inevitably need the Stanford GSB. So far these values are saperated from each other.
The 3rd and 4th essays could go 1 step further, too. And the financial plan for poverty and be connected with the entrepreneurship one, while you need a clear and specific business plan for your entrepreneurial dream, or at least have a clear direction that you're already on your way. The 4th one was a bit pity that you could leverage the constraint to explain what and how will you leverage GSB.
But don't get discourged by any of these, you still have big chance. Overall, since you have pretty decent and solid experience, also quite well-rounded personality and interesting life, you should be able to get the interview, and may be blessed to have an admission if you correlate all the dots and ace in the interview.
Sincerely,
David
[Program Fitting]Darden Vs. Duke - Which is better?
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=31&nav=messages&webtag=bw-bschools&tid=74404
Q:
Hello....I've been having some serious insomnia at night trying to decide between Fuqua (with scholarship) and Darden. I wake up one day sure that I'm going to Duke and the next day that I'll be going to Darden.
Any thoughts on which school has a better finance program?
A:
You can see the comparison of both finance courses. Darden is simply one-level more sophisticated and detailed.
Fuqua:
Corporate Finance
Investment
Entrepreneurial Finance
Advance Corporate Finance
International Corporate Finance
Corporate Restructuring
Emerging Markets
Venture Capital & Private Equity
Raising Capital: Financial Instruments, Institutions & Strategy
Darden:
Corporate Financing
Investment Strategy and Arbitrage
Entrepreneurial Finance & Private Equity
Fixed Income Instruments
Derivative Securities: Options & Futures
Managing Turnarounds and Workouts
Capital Market Flows & Institutions
Small-Enterprise Finance
Strategic Mgt of Financial Srv Org
Corporate Financial Policies
Mergers and Acquisitions
Q:
Hello....I've been having some serious insomnia at night trying to decide between Fuqua (with scholarship) and Darden. I wake up one day sure that I'm going to Duke and the next day that I'll be going to Darden.
Any thoughts on which school has a better finance program?
A:
You can see the comparison of both finance courses. Darden is simply one-level more sophisticated and detailed.
Fuqua:
Corporate Finance
Investment
Entrepreneurial Finance
Advance Corporate Finance
International Corporate Finance
Corporate Restructuring
Emerging Markets
Venture Capital & Private Equity
Raising Capital: Financial Instruments, Institutions & Strategy
Darden:
Corporate Financing
Investment Strategy and Arbitrage
Entrepreneurial Finance & Private Equity
Fixed Income Instruments
Derivative Securities: Options & Futures
Managing Turnarounds and Workouts
Capital Market Flows & Institutions
Small-Enterprise Finance
Strategic Mgt of Financial Srv Org
Corporate Financial Policies
Mergers and Acquisitions
2008年2月20日 星期三
[Program Fitting]Choosing Between $s and Fit
http://forums.businessweek.com/n/pfx/forum.aspx?tsn=1&nav=messages&webtag=bw-bschools&tid=74454
Q:
I'd like to get everyone else's opinion on choosing between being accepted at one school that fits perfectly with my career goals, personality, and personal situation, and one that is a good fit in all these categories (but not nearly as perfect as the first) and that has offered me $s.
Some examples to help the discussion might be Sloan vs. Columbia w/ $, Kellogg vs. Ross w/ $, Tuck vs. Fuqua w/ $
A:
Half tuition is although a big incentive, it's almost only your half-year salary if you go to the very top school. Compare to your whole rest-of-life career, half year is nothing. It always goes to your true fit and passion if the very top school can offer. And if you can get offers from these very top schools, making $ is only a piece of cake while your career is half-guaranteed.
Kellogg is one of the absolute top schools that can make your career thrive even higher. Ross and Fuqua are of course great, but Kellogg is something $ can't buy. And that's the power that Kellogg doesn't need to offer scholarship that often to vie for brilliant talents like you guys.
Q:
I'd like to get everyone else's opinion on choosing between being accepted at one school that fits perfectly with my career goals, personality, and personal situation, and one that is a good fit in all these categories (but not nearly as perfect as the first) and that has offered me $s.
Some examples to help the discussion might be Sloan vs. Columbia w/ $, Kellogg vs. Ross w/ $, Tuck vs. Fuqua w/ $
A:
Half tuition is although a big incentive, it's almost only your half-year salary if you go to the very top school. Compare to your whole rest-of-life career, half year is nothing. It always goes to your true fit and passion if the very top school can offer. And if you can get offers from these very top schools, making $ is only a piece of cake while your career is half-guaranteed.
Kellogg is one of the absolute top schools that can make your career thrive even higher. Ross and Fuqua are of course great, but Kellogg is something $ can't buy. And that's the power that Kellogg doesn't need to offer scholarship that often to vie for brilliant talents like you guys.
[Program Fitting]KFBS v. McCombs - Which rep is better?
http://forums.businessweek.com/n/pfx/forum.aspx?msg=74457.4&webtag=bw-bschools
Q:
They go head to head in rankings, but in the real world who has the better national rep and for financial services, which will get me the better job?
A:
It depends on your career path. Both schools are well-rounded in general management, while McCombs is superior in accounting and KF is particularly strong in marketing management.
McCombs is now heading toward general management field and had pretty good improvement in marketing, but it's core competence remains in accounting.
KF emphasizes on teamwork with strong team building practices and collaborative culture that invites your family and friends to join KF community.
Since these 2 schools are pretty close in rankings, what really matters is not the rankings anymore but the detail curricula. When you see the finance concentrations under both mba programs, neither of them are strong in this field. McCombs is very generic that hits on fundamental theories and overall strategy like risk, investment approaches, real estate, and portfolio management. KF also have those courses and knocks a bit more detailed like derivatives, modeling, M&A, and private equity. But compare to those core finance schools, these 2 are in minor side.
Both schools are nationally competitive but have totally different positioning and core strengths. It depends on your own career goals. And no one can guarentee you a job. Only your own passion and capabilities can.
Q:
They go head to head in rankings, but in the real world who has the better national rep and for financial services, which will get me the better job?
A:
It depends on your career path. Both schools are well-rounded in general management, while McCombs is superior in accounting and KF is particularly strong in marketing management.
McCombs is now heading toward general management field and had pretty good improvement in marketing, but it's core competence remains in accounting.
KF emphasizes on teamwork with strong team building practices and collaborative culture that invites your family and friends to join KF community.
Since these 2 schools are pretty close in rankings, what really matters is not the rankings anymore but the detail curricula. When you see the finance concentrations under both mba programs, neither of them are strong in this field. McCombs is very generic that hits on fundamental theories and overall strategy like risk, investment approaches, real estate, and portfolio management. KF also have those courses and knocks a bit more detailed like derivatives, modeling, M&A, and private equity. But compare to those core finance schools, these 2 are in minor side.
Both schools are nationally competitive but have totally different positioning and core strengths. It depends on your own career goals. And no one can guarentee you a job. Only your own passion and capabilities can.
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