Our consultants receive a lot of questions from clients about applying to MBA programs through The Consortium for Graduate Study in Management. I’ve heard myths that suggest that applying to one (or more) of the 22 Consortium schools through The Consortium’s application is disadvantageous. But as the former director at two Consortium schools, I can assure you that nothing could be further from the truth — provided you meet The Consortium’s minimum qualifications.

Though the requirements, participating schools, and corporate partners have changed over The Consortium’s 57-year history, not only is the organization the best deal in town but it also gives its members an alumni network that extends throughout the 22 member schools.

The Consortium history and mission

Initially, The Consortium provided opportunities for young African-American men to have a fair chance at rising up the corporate ladder via the MBA. Later, The Consortium added Hispanic Americans, Native Americans, and women to its mix. Membership came along with the fellowship.

However, after the Supreme Court decided the Gratz v. Bollinger and Grutter v. Bollinger cases, The Consortium opened its doors to offer membership to selected applicants that further The Consortium’s mission to promote the “inclusion in global business education and leadership . . . of African Americans, Hispanic Americans and Native Americans.” Members do not need to belong to one of these groups but must demonstrate the mission through community and professional action and impact. Thus, membership is no longer race based but rather mission driven. Applicants must also demonstrate the ability to succeed in a Consortium member school’s MBA program.

Consortium member benefits

Like the undergraduate Common App, candidates can apply to up to six schools with only one application for a fraction of the cost that the candidate would incur by applying to each school separately. The Consortium membership grants the candidate access to the orientation and corporate partners. Many members receive internship offers before the start of school.

To summarize the benefits:

1. Applicants can use a single application for up to six schools at one low cost.
   
2. Members gain access to a vast alumni network of 22 schools, including mentorship from among the approximately 9,000 Consortium alumni (formal or informal).
   
3. Students gain access to corporate sponsors at orientation if selected as a member.
   
4. If selected as a fellow, students receive full tuition and a stipend.

READ: The Consortium Application: Tips for Your CGSM Essays >>

Consortium member schools

* School’s class profile presents a score/GPA range rather than an average.

To learn more about applying through The Consortium, please contact me for a consultation.

By Natalie Grinblatt, the former admissions dean/director at three top business schools. Natalie has reviewed more than 70,000 applications, interviewed more than 2,500 candidates, and trained nearly 700 admissions directors and alumni volunteers to select outstanding candidates for admission. Her clients gain admission to top programs, including those at Harvard, Stanford, Wharton, MIT, Cornell, Columbia, Berkeley, Chicago, Northwestern, and NYU. Natalie holds an MBA from Michigan Ross. Want Natalie to help you get Accepted? Click here to get in touch!

Related Resources:

• Top MBA Application Essay Questions: How to Answer Them Right
• The Consortium Application: Tips for Your CGSM Essays [2022 – 2023]
• What the Consortium for Graduate Study in Management Can Do for MBA Applicants – podcast episode 395

Can the Consortium Help You Get Accepted and Fund Your MBA? [Episode 532]

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In this episode, the Director of Recruiting at CGSM details the benefits – and opportunities! – available to Consortium members, what it takes to become a member, and why applying in Round One may not always be an applicant’s best strategy.  [SHOW SUMMARY]

There’s an organization that can help U.S. citizens and permanent residents get accepted to top MBA programs, fund their MBA, and even provide career support post-MBA – provided the applicants support the organization’s mission. Let’s learn all about it from the Consortium for the Graduate Study of Management’s (CGSM) Director of Recruiting.

An interview with Bianca Keys, director of recruiting at the Consortium for the Graduate Study of Management. [Show Notes]

Welcome to the 532nd episode of Admissions Straight Talk. Thanks for joining me. 

Sometimes I’m asked, is the MBA worth it? And my answer is, it depends on your individual circumstances. But I’ve got good news. We’ve developed a tool that will help you evaluate whether an MBA is worth it for you and your individual circumstances and by how much. Just go to accepted.com/mbaroi and check how much you’re likely to benefit, or not, from earning an MBA. And using it won’t set you back even one cent, it’s free. 

I’m delighted for the first time on Admissions Straight Talk to talk with Bianca Keys, Director of Recruiting at the Consortium for Graduate Study in Management. Bianca earned her bachelor’s degree from Lindenwood University and her master’s in Business Management and Leadership from Webster University. She has worked in enrollment management, DEI training, and admissions in different capacities since 2008. She became CGSM’s Director of Recruiting in September 2022. 

Bianca, welcome to Admissions Straight Talk. [1:53]

Thank you. Thank you for having me.

I’m delighted to do so. Now let’s start with something really, really basic. What is the Consortium? [1:59]

All right. So, the Consortium, we are pretty much an alliance of top graduate business programs and also top corporate partners, and we’re supported by alumni and students. We were founded in 1966 by Washington University’s professor, Sterling Schoen. And his one driven mission was actually inspired by him noticing a lack of African American men in leadership in American corporations.

So, with the partnerships of some corporate partners and some founding schools, they were able to pretty much create this alliance to give African American men the business skills to be able to secure positions in American corporations. So, now we’ve grown.

And I assume it’s no longer limited to African American men. It’s now African American men and women, right? [2:59]

Yes, men and women. And our target pops are African American men, Native American and Hispanic American, but our applications are open to all.

How does one become a CGSM member? [3:16]

In order to become a member, you would have to, of course, apply. And three of our requirements are that you must be a U.S. citizen or U.S. permanent resident of any race or ethnicity, you must demonstrate a commitment to our Consortium’s mission, and hold a four-year bachelor’s degree from an accredited college or university in the U.S. or equivalent. So, to be approved for Consortium membership, an applicant must demonstrate the commitment through their resume, our essay, and their letter of recommendation.

I have in front of me your mission, so I’m just going to read it off. “The mission of the Consortium for Graduate Study in Management, an alliance of leading American business schools and some of our country’s top corporations, is to enhance diversity in business education and leadership by helping to reduce the serious underrepresentation of African Americans, Hispanic Americans and Native Americans in both the member schools’ enrollments and the ranks of management.” 

So, again, there’s no racial requirement in terms of membership as long as you support and identify with and support and have supported that mission in the past. [3:59]

Yeah.

All right. So, one of CGSM’S benefits is the ability to apply through CGSM and pay one application fee, and I think it goes to a maximum of six schools, correct? [4:33]

There’s no max anymore.

There’s no max anymore, ooh! [4:44]

So, two things, two updates. We’ve removed rankings. So, there are no rankings, and you can apply to as many member schools as you would like. So, from one to two schools is $150, up to six schools which is $300, but each additional program is $25. Yeah, so they can apply…

And so, in the past with our ranking system, the top ranking school, they were the only school that was able to offer a fellowship opportunity. And now if you applied to all six schools or more, they have the opportunity to offer you… they each have an opportunity to offer you a fellowship. And we empower the student to be able to make the better choice of what school best fits them.

Wow, that’s a big change. When did this change take place, like last year? [5:38]

This last application.

Last cycle. Should’ve interviewed you then. No, I’m teasing. That’s great news. I somehow missed that announcement. Okay, good to know. Good to know. So, there’s no more ranking and there’s no more maximum, and multiple schools could offer a fellowship. [5:43]

Yes.

Now you apply for membership at the same time that you submit your application, correct? [6:00]

Yes. It’s a one stop shop,

It’s a one-stop deal, one application. So, it is possible to use the CGSM application process and ultimately not be approved for CGSM membership, is that correct? [6:09]

Yes, that is possible. But the application is still considered an application, so you won’t get rejected from the member school just because you didn’t get membership. They still go through their standard process of admissions. And a lot of times they’ll offer you other fellowship opportunities or scholarship opportunities that they may have available at the schools.

And the schools don’t even see your decision in terms of CGSM membership. They don’t see the membership essay, correct, the membership application essay? [6:46]

They don’t see any of the membership application essays or letters of recommendation. All they see is the decision once we’ve made it.

Now I saw on your website that Stanford partnered with CGSM last year and became the 22nd school to become a partner school. Have any other schools partnered since then? [7:02]

Yes, I’m excited to say that…

Well, you got lots of news today. [7:17]

Yeah, I do. I do. Northwestern Kellogg School of Management, they are our newest, our 23rd school, which we are so excited to have them. They will begin July 1st, actually, and they will be on our application this upcoming cycle. And this upcoming cycle is for students fall 2024, that will begin fall 2024.

What is the benefit of applying through CGSM as opposed to just using the school’s portal? Portals, I should say. [7:45]

We, one, save you money. An average application for any grad program can be up to about $300 for one application, where six applications is $300 applying through us. So, it’s definitely a win for the students. Whether they get membership or not, it’s saving them money and they are allowed to go by our application deadlines as well. So, if maybe Columbia or one of the schools, maybe their application deadline may be September 15th, they still would recognize the application on our deadline, which our Round One is October 15th.

And I believe it’s also easier to apply. Aren’t there fewer essays required or is it pretty much the same at this point? [8:50]

Right, so it is the core essay which asks the applicants to discuss their MBA goals, and then there’s a second core essay that the applicants are able to detail any additional information that they may want to add that they weren’t able to explain in the application.

Right. And is there typically a supplemental per school essay, or do the schools ask for their own essays in addition to the Consortium essay? [9:20]

Sometimes they ask for their own supplementals that are added in addition. We are going through that process of application updates as we speak.

But it’s not all schools that do that? [9:38]

No, no. No, no.

Usually the student has the mission essay and then the two GMAC format essays.

Are you worried about CGSM’s applicants using ChatGPT and preparing their essays? [9:51]

Oh, the ChatGPT.

You got it. I’m asking everybody this question. [10:03]

And that’s a good question. So, with it being such a newer phenomenon right now, I just want applicants and students to be mindful that there are advantages and disadvantages to using ChatGPT, because what we’re looking for is consistency in their demonstrated commitment to the mission. And I doubt it if they’ll be able to convey that in an interview based off of a ChatGPT essay.

So, a lot of the admissions advisors and committees, they’re looking for authenticity. They’re looking for unique perspectives and their applicant’s ability to be able to express themselves. So, I don’t know if they can… It probably is a good tool to help guide them in forming their essay, but I don’t think it should be something that can express exactly your commitment.

I’ve played with it a little bit, and sometimes there are outright errors in it. It’s wrong. [11:09]

Right, right.

And other times it’s just very generic, and it has to be generic. You’re not going to get a lot of authenticity. But it does sometimes help. [11:17]

Yeah, yeah.

But to rely on it blindly I think is a big mistake. [11:28]

Yeah. Yeah. Especially if you don’t check.

Absolutely. Absolutely. [11:35]

Attention to detail.

Are there other elements to the CGSM application? We discussed you pay a fee. You have the core essays. You might have supplemental essays. Are there short answer essays or anything like that or is it pretty straightforward? [11:40]

Yeah, it’s pretty straightforward. If the school has any changes or supplements to each essay, that may be the different shift or change. But pretty much transcripts, resume. We always advise students to make sure that your experience, if you’re a part of organizations like Forte or MLT, Big Brothers Big Sisters, Teach for America, making sure that that’s actually on your resume. That definitely helps. Your test scores, GRE, GMAT or Executive assessment, letters of recommendation. One for the mission, and then there are two for the schools. Yes. And making sure you get the right recommender.

What makes a right recommender? [12:41]

Someone who can explicitly… Especially for the Consortium mission letter of recommendation, somebody who can explicitly pretty much show your demonstrated commitment to our mission and they know about that.

They’ve observed it. [13:01]

Yeah, they’ve observed it, and they can actually speak to it. And they’re not saying, “Well, I don’t know about their demonstrated commitment, but Jane is a great person and we love her personality. She’s very professional.” It’s like, what?

That’s not the question. [13:17]

So, definitely communicate with your recommender about expectations. And with us, it doesn’t have to be your supervisor with the Consortium mission letter of recommendation. It can be as long as it’s not a family member. It could be anyone who can speak to it.

That you’ve somehow supported that mission. Makes sense [13:40.

Yes.

What are the non-admissions benefits of being a CGSM member or fellow, and what is the difference between being a CGSM member and fellow? So, there’s really two questions there. Why don’t we start with the non-admissions benefits of membership, and then we’ll get to the difference between being a member and a fellow. [13:46]

So, the non-admission benefits are pretty much the early access to corporate partners. A lot of our students, we just had OP, our orientation program this past June, and it was amazing. It was amazing.

I know you’re working very hard on it. [14:20]

Yeah. Oh man, it was definitely a job, but it’s worth it. And just to see all of the students that we worked with from the beginning up until that point, from all their stress points, their pain points, to see them, they made it, and they’re at the orientation program. So, them having early access to our corporate partners.

They also have access to our system that is… We have a platform that is called Hello Fellow that allows them to join different groups that are industry groups. And our corporate partners have access to them as well, and they’re able to apply to positions that are open to those corporate partners.

Also, at our orientation program, we had a corporate open house that’s not like your traditional job fair. All of our corporate partners actually already had our students’ resumes, they already had a student look book, they’ve already seen the students and they already know the students prior to them even coming to the expo.

So, they definitely have a great advantage by being a Consortium fellow. And then the camaraderie, the support that they have with each other, there’s nothing like it. I love how each campus had… they call themselves CFAM.

Campus family, yeah. [15:53]

Yes. Each campus, each Consortium cohort on each campus, they’re so close. A lot of our alumni mention that the connection, that’s like a trending thing with us here at the Consortium is connection. Being able to connect students with not only each other, but also with our corporate partners and with our top MBA programs.

So, they have lifelong connections with all three of those different entities, and they enjoy being able to talk with someone who understands them, someone who may be going through the same even issues at their jobs or anything like that, and that connection. And if there’s a job loss or anything like that, we do provide the support to help those students to be able to reconnect with corporate partners and find another opportunity.

So, just to clarify, the orientation program is open to all Consortium members, not just fellows, correct? [16:54]

So, Consortium fellows, you’re applying for membership, but the membership allows you to become a Consortium fellow. So, whether you received a fellowship or not, you are considered a Consortium fellow.

So, you’re a Consortium fellow whether you get a scholarship or not? [17:16]

Right.

Got it. And all the fellows/members can go to the orientation program. How long is the orientation program? [17:26]

So, it’s a four-day conference, and it consists of a lot of hands-on career development. We have diversity theater, which is amazing. A lot of our corporate partners, they have private interviews with a lot of the students. So, a big portion of our students leave with internships or career opportunities.

For next year, for next summer, or for this summer? For next summer? [17:56]

Yes. For this upcoming year –

For summer 2024, let’s say? [18:03]

Yes.

And what is diversity theater? [18:06]

Oh my goodness, diversity theater. This was actually my first year to experience it. Hearing it from other coworkers and staff was not the same as experiencing and seeing those difficult conversations displayed on stage.

So, there’s actors that are on stage, and they may act out a scene where some coworkers that may deal with microaggressions or different challenges that you may face at work and how to address that, and just having those conversations amongst your peers. And it really was eye opening for not only the students, but for staff, for a lot of our corporate partners and admissions representatives as well. So, it was pretty amazing, and we have it annually as well.

And it seems like the orientation program is very much career oriented. Is there any prep for the actual study of the MBA, or is that assumed that the schools will handle that? [19:09]

So, the schools, the admissions representatives and career services representatives are present. So, they do have an advising session that they get to work with them and meet with them one-on-one for prep with the corporate partners, but also any questions that they have about the upcoming program that they’re about to start in the fall. They have all of that one-on-one time, a lot more one-on-one time than they would normally get during the school year.

Sounds like a very busy four days, very full. [19:54]

Yeah, it is very full.

Okay. How does CGSM help its fellows in career placement, both during and after the MBA? [20:00]

So, during the MBA, again, we have the Hello Fellow and our annual program, our annual orientation program and career forum. Like I mentioned before, they have the opportunity to interact with the corporate partners. The corporate partners get to review their resumes and their backgrounds early on before even meeting them face-to-face. Our alumni network, our Hello Fellow system, allows them to, again, engage with these corporate partners.

And then our student and alumni relations department, they are amazing with connecting with the students. They engage with student liaisons as well in providing that support that they may need throughout the year. And if there’s a student, like we just had tech layoffs recently. And our alumni development department, they were able to help and assist with reengaging with those students or those alumni to be able to help them to get placed in other career opportunities.

A few weeks ago you had the OP. It was mostly geared towards people starting the MBA in 2023, but it also had people who started the MBA in 2022. Is that correct? [21:18]

We had some second year. Like if something happened last year, I know dealing with the pandemic and other issues, some students were not able to attend last year, and so they were given the opportunity to attend this year.

But it’s usually just for the people about to start the MBA, the OP? [21:48]

Right, it’s usually first year students.

What do you see coming down the pike for the Consortium? [21:54]

Oh my goodness. Continued growth, continued engagement with a lot of the students. We’re working on increasing our exposure and engaging. This year we shared a lot of our OP activities on our social media and got a lot of good feedback and engagement. So, definitely I think we have a good momentum right now to be able to get all of the good things that we do at the Consortium out to the public and to the world.

What advice would you give to someone applying to apply via the Consortium in this, the 2023-2024 application cycle? [22:34]

Definitely begin your MBA journey. And beginning your MBA journey does not start with the application. It starts with the preparation.

Yes, that’s right. [23:13]

Definitely starts with the preparation. So, researching a lot of the schools that you’re interested in, finding out if you’re interested in the Consortium, finding out what that Consortium culture looks like on each campus to see what best fits you. Also, looking into preparation for GRE, GMAT, or the Executive Assessment and finding out what the class profiles are for each school that you’re interested in so you can have a good idea of where you stand. And don’t rush your application. Don’t rush it.

Yay! [23:54]

I always have some overzealous students that want to, “I’m getting it in for Round One.” Wait a minute. Make sure that you’re submitting the strongest application and that this is the right time for you to start a program. There’s no rush. There’s no rush. There’s no rush. Make sure you have the strongest application. Utilize all resources that you need to support you through your application process.

We always advise students to attend our events. We have member school webinars that are… We actually have one coming up on July 10th, which will have Washington University, University of Rochester Simon, and UCLA Anderson. And they will be talking about their MBA programs, but also talking about their Consortium cohorts on their campus as well.

And we also have our MBA application preparation seminars, which is MAPS, which will be in person this year. So, we will be in New York, Philadelphia, Chicago, Los Angeles, San Francisco, Houston, and DC.

Wow. You’re getting around. [25:16]

Yes.

Not all Consortium schools require a test score. Does the Consortium require a test score even if the school does not? [25:21]

So, for membership we don’t require a test score. But if you are applying and they offer a test waiver, we would need to have that test waiver submitted, or you would need to submit that in the application. And then we just confirm it with the member school whether that test waiver was actually approved. Yeah. And then if it wasn’t approved, then they would have to submit a test score.

Are any of the programs or any of the partner schools entirely test optional? Do you know off the top of your head? I wasn’t sure as I was thinking about it. [26:03]

I don’t think so. Well, it depends on the school and what policies they have in place this upcoming school year.

I think most of them have a test waiver option, and I also would have to go through each one. [26:19]

Yeah. I always advise students to talk with them early about it, because last year I ran into the issue of students who just missed it. It was like they just missed the test waiver window. So, definitely talk with your school of interest to find out when that test waiver timeframe is and get that in if that’s an option for you.

Wonderful advice even if you’re not applying through CGSM, by the way. [26:51]

Right, absolutely.

What would you have liked me to ask you? [26:56]

These were all great questions.

What would you like to share that I haven’t asked? [27:02]

I would like to share just my… In my position as Director of Recruiting, what my passion and desire and vision is for the Consortium moving forward is to be able to expand our exposure to those who definitely need the opportunity, to be able to expand our exposure to those areas, because sometimes we are in this collegiate bubble.

Aacademia. [27:37]

Yeah, absolutely. And to be able to… We do so many great things.

You do. [27:45]

And just being able to see just the energy that I get from the students, just being around them, and just the positive nature of it all, being able to give that to others who don’t know about the Consortium. So, that’s my mission and goal is to increase exposure and to really share about the great things we’re doing here at the Consortium.

Well, today in this podcast, you did it. [28:14]

Thank you. Thank you, Linda.

You’re very welcome. Bianca, I want to thank you so much for joining me today. Where can listeners and potential applicants learn more about CGSM? [28:21]

They can check us online at www.cgsm.org or on our LinkedIn page and our Instagram page and on Twitter.

Relevant Links:

• The Consortium for the Graduate Study of Management
• Applying For Your MBA Through The Consortium: Best Deal In Town
• MBA ROI Calculator   

Relevant shows:

• How to Get an MBA at Columbia Business School – a podcast Episode 528
• How to Get Accepted to NYU Stern – a podcast Episode 525
• How to Get into Dartmouth Tuck – a podcast Episode 514
• How to Get Into Georgetown McDonough’s MBA Program – a podcast Episode 512
• How to Get Accepted to UNC Kenan-Flagler Full-Time MBA Program – a podcast Episode 496

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The post Applying for Your MBA Through The Consortium [Episode 532] appeared first on Accepted Admissions Blog.

If you are a recently laid off and otherwise competitive applicant, MBA programs want YOU!

Are you a tech worker who just got laid off from Meta, Twitter, Facebook, Stripe, or a similar company? Were you thinking of getting an MBA before and/or since the layoff? Well, what started as a trickle with Northwestern University–Kellogg School of Management and MIT Sloan has turned into a river, and may turn into a flood.

Here is a list of the changes full-time MBA programs are making to accommodate and attract recently laid off workers.

MBA Programs Seek Laid-Off Workers

School	Who's Eligible	Accommodation
Cornell MBA & Johnson Cornell Tech MBA	Qualified candidates who have recently been laid off by a U.S. company, applying for the January 2023 MBA deadlines	Application fee waiver & GRE/GMAT test waiver
Dartmouth Tuck	Any worker laid off since Aug. 1, 2022. For more info visit tuck.dartmouth.edu	Can request a GMAT/GRE test waiver. Deadline: March 1, 2023
Duke Fuqua	All applicants	Added new round with Feb. 13, 2023 deadline -- Can take test for this deadline prior to Feb. 28
Georgia Tech Scheller	Professionals who have been affected by recent layoffs, applying to the full-time program	A select number of designated fellowships, application fee waiver & test waiver
Indiana Kelley	Laid-off tech employees	Application fee waiver & GRE/GMAT test waiver
MIT Sloan	Laid-off workers	Extend its Round 2 deadline to Feb 23, 2023
Northwestern Kellogg	Employees who were laid off this quarter at a company in the tech sector and are applying to full-time graduate degrees, including the two-year M.B.A., by a mid-January deadline.	Waive GMAT/GRE
NYU's Andre Koo Technology and Entrepreneurship MBA	Class entering in May 2023 (applying either to its Jan.15 or final Feb. 15 deadline)	Waive entrance exams
Rice University Jones Graduate School of Business	Open to U.S. citizens, U.S. permanent residents, or those who currently reside in North America	Round 4 added with a deadline of May 1
SCU Leavey School of Business	Those who work in the technology industry, especially those affected by recent layoffs, applying to the following on-campus graduate programs: • Part-time Evening MBA • Executive MBA • MS Business Analytics • MS Finance and Analytics • MS in Information Systems	1) Waive application fees 2) Lift GMAT/GRE requirement for those with tech backgrounds 3) Award scholarships of at least $3,000 4) Accept applications for the Spring Evening MBA through January 20, 2023
UC Berkeley Haas	Prospective candidates who have been laid off between June 1, 2022 to Feb. 2, 2023 , applying to the full-time MBA program	Application fee waiver & deadline extension to Feb. 2, 2023
UCLA Anderson	Recently laid off due to a organizational restructuring or downsizing and apply by R2 Jan. 4, 2023 deadline	1) Can submit test scores and recommendations by Feb. 4. 2) Application fee waivers. 3) If admitted through this process and later find new employment, may be eligible to switch to Anderson’s part-time fully employed MBA program.

* If you know of other schools that are taking special steps to attract laid off workers this cycle, please email blog@accepted.com and let us know.

Here’s the background.

Kellogg Waives GMAT/GRE for Sub-set of Applicants

On November 14, 2022, Lindsay Ellis of the The Wall Street Journal broke the news that Kellogg is waiving its test requirement for “employees who were laid off this quarter at a company in the tech sector and are applying to full-time graduate degrees, including the two-year M.B.A., by a mid-January deadline.”

Kellogg, like many top MBA programs, experienced a surge in applications when COVID hit due the soaring unemployment rate. At the same time, and due mostly to difficulties in accessing a test, it waived its test requirement. That year, applications to Kellogg and other top-ranking M.B.A. programs, including University of Pennsylvania’s Wharton School, Columbia Business School and MIT Sloan School of Management, rose significantly.

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Since then Kellogg restored the test requirement and unemployment took a deep dive. This past cycle, like many other top MBA programs, it experienced a drop in applications. With a very tight labor market and the test requirement back in place, Kellogg experienced an 18% plunge in application volume last year. Many in admissions expect either flat application volume this cycle or a further drop depending again on the economy.

Quoting the WSJ article, “Accustomed to jobs with six-figure salaries, big equity packages and other perks, many tech workers have had a particular incentive to stay on the job in recent years.” Now, with tech workers losing their jobs by the thousands, MBA programs are seizing the opportunity to recruit students from an already talented pool of candidates. 

Kellogg’s associate dean of degree programs, Greg Haniffee, said that the school decided to waive tests earlier in November after Twitter began cutting its workforce in half. Again from the article: “These folks were high performers and are now at a pivot point in their life,” he said. “If they’re considering business school, removing this barrier could benefit them.”

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Kellogg’s offer to waive the GRE or GMAT requirement for applicants recently laid off from the tech sector is open to Kellogg’s Round 2 applications for full-time and part-time programs. In a blog post from November 14, Hanifee wrote that these newly available candidates “can apply to Kellogg by providing their transcripts, resume and application which will also include a brief essay on their work experience and most recent role as well as what they hope their transformation will be and how it will advance them. . . We hope this offer will allow some people to speed up their career transformation process.”

Unlike in 2020, when Kellogg waived the test requirement for all applicants, Kellogg is treading more carefully now by targeting a select applicant pool with proven capabilities who will be competitive job seekers. These recently laid-off workers had demanding roles until just a few weeks ago, and their skills, when combined with an MBA, will probably be in demand. It’s understandable that Kellogg is comfortable relying on their transcript as evidence of academic ability (or lack thereof). They probably don’t need the test score. 

Kellogg’s move presents an opportunity for laid-off tech talent who would do well to consider what may be a rare and perhaps fleeting offer. Kellogg is already a techie haven, with seventeen percent of its newest MBA class coming from tech, and one-fifth of its 2022 graduating class having gone into the sector.

As Accepted founder and CEO Linda Abraham noted in Poets and Quant’s “For these recently laid-off workers, who until the last few weeks had positions that were demanding and whose skills when combined with an MBA will probably be in demand, Kellogg is comfortable relying on their transcript as evidence of academic ability (or lack thereof). They don’t need the test score. Getting these kinds of jobs is in and of itself a test.”

With this move, Kellogg is hoping to boost its pool of qualified applicants while easing the decline in application volume.

MIT Sloan has its own approach to attracting and accommodating recently laid off workers.

Work with a seasoned consultant to polish the presentation of your work experience and your entire application >>

MIT Sloan Offers Later Round 2 Deadline to Laid-Off Workers

In an interview on November 17 with Linda Abraham, who is also the host of the Admission Straight Talk podcast, MIT Sloan’s Assistant Dean of Admissions, Dawna Levenson announced that MIT Sloan will extend its Round 2 deadline to Feb 23, 2023 for laid off workers. The move gives potential applicants who were not anticipating a layoff and are interested in the MBA time to prepare for the GRE or GMAT, take the test, and submit an excellent application this cycle.

In addition to having the data point that the test score provides, MIT Sloan may also be attempting to avoid the criticism that Kellogg received for its test waiver. In a lively discussion on LinkedIn about Kellogg’s move, many felt that it is unfair to require the test for some applicants and not for others. People who worked or work at those same companies and applied for Round 1 must take the test. Employees of those firms who were not laid off still must take the test. With its extended deadline, MIT Sloan is getting the data it values, showing understanding for recently laid off workers, and probably increasing its applicant pool.

The complete interview with Dawna Levenson aired on November 29.

With so many changes in the world of MBA Admissions, why not get expert guidance that is tailor-made for you? Our consultants have helped thousands of applicants get ACCEPTED to top MBA schools–and they can do the same for you. Check out our menu of MBA services to pick the one that is just right for you! We’re here to help you GET ACCEPTED.

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For 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more. Want an MBA admissions expert to help you get Accepted? Click here to get in touch!

Related resources:

• Why MBA? The Winning Ingredients of a Dynamic MBA Goals Essay
• Northwestern Kellogg 2022-23 MBA Essay Tips & Deadlines
• From Example to Exemplary, a free guide to writing outstanding admissions essays
• 5 Fatal Flaws to Avoid in Your MBA Application Essays, a free guide

The post MBA Programs Seek Recently Laid Off Tech Workers appeared first on Accepted Admissions Blog.

These questions are a straightforward mix of professional and personal. The adcom wants assurance that you have a clear professional focus and a solid plan for making productive use of the Kelley MBA resources. Beyond that, they’re looking for engaging applicants who are willing to share their life experiences and understand what they can contribute. Strive for balance and coherence among the essays overall: use them to present different facets of your character while avoiding contradictory qualities (i.e., you can be a bold risk-taker in one and a tender-hearted soul in another, but not a bold risk-taker in one and overly cautious in another).

Indiana Kelley 2022-2023 MBA application essays

Kelley MBA essay question #1

Discuss your immediate post-MBA professional goals. How will your professional experience, when combined with a Kelley MBA degree, allow you to achieve these goals? Should the short-term goals you have identified not materialize, what alternate career paths might you consider? (500 words)

This question encourages you to present your goals in the context of your experience and to integrate your MBA plans with both. With only 500 words, be selective and strategic about what points from your career to discuss. Also, the question specifies short-term goals. While it would be fine to add a sentence or so about longer-term goals or overall career vision, keep your goals discussion focused on the same time frame the question focuses on: immediately post-MBA. This question is asking for linkages among your experience, your short-term goals, and your anticipated MBA experience, so make an essay plan or outline that forms an integrated message out of these elements.

In answering the last point, continue the linkage approach: the alternatives you identify should build on your experience in some way and be consistent with your expressed career interests. Show that you are adaptable and strategic, informed about the options, and resourceful in your thinking.

Kelley MBA essay question #2

Please respond to one of the following short essay prompts. (300 words max)

a. My greatest memory is…

b. I’m most afraid of…

c. My greatest challenge has been…

d. I’m most proud of…

Consider which question will give you the best avenue to both (a) round out your profile and (b) showcase an interesting and relevant aspect of your life and/or experience.

Once you decide on a topic and question, write this short essay in mini-story format. Sometimes the story itself will convey the message and/or insight, sometimes you may want to add a concluding sentence with this information. And be sensitive to the tone and presentation of the question – it really is asking for something engaging, meaningful, and lively.

Kelley MBA essay question #3

Share a brief fact about yourself that your classmates would find interesting, surprising, or noteworthy. (25 words max)

Your topic selection here should balance the topic in essay 2 and reflect another aspect of you. Also, if you choose an older story above, make this one more recent. (It’s fine to have them both be recent, but not great to have them both from far in the past.)

Kelley MBA essay question #4 (Optional)

Is there anything else that you think we should know as we evaluate your application? If you believe your essays and credentials represent you fairly, you shouldn’t feel obligated to answer this question. (300 words max)

This question first and foremost invites you to explain anything that needs explaining (e.g., gap in employment, choice of recommender if not a direct supervisor, etc.). As far as unnecessary points, that last phrase is a polite warning that anything extra must be pretty darn important.

For expert guidance with your Indiana Kelley MBA application, check out Accepted’s MBA Application Packages, which include comprehensive guidance from an experienced admissions consultant. We’ve helped hundreds of applicants get accepted to top MBA programs and look forward to helping you too!

Indiana Kelley at a glance

Kelley MBA average GMAT score: 679

Kelley MBA average GPA: 3.33

Kelley MBA acceptance rate: 31.5%

U.S. News ranked Indiana Kelley #22 in 2023

Check out the Business School Selectivity Index for more stats.

Indiana Kelley 2022-2023 MBA application deadlines

Source: Indiana Kelley website

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Related Resources:

• Why MBA?, a guide to writing the goals essay
• 9 Secrets to Telling an Attention-Grabbing Story
• Applying for Your MBA Through The Consortium: Best Deal in Town

The post Indiana Kelley MBA Essay Tips & Deadlines [2022 – 2023] appeared first on Accepted Admissions Blog.

The U.S. News 2023 ranking is now live! Click here to check it out >>

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U.S. News just released its 2021 ranking of full-time and part-time MBA programs. The rankings are based on expert opinions about the quality of each program and statistical indicators that calculate the quality of a program’s faculty, research, and students. The reputation surveys were sent to academics and professionals in fall 2019 and early 2020. This year, for the first time, the specialties of business analytics, real estate, and project management are ranked.

In order to rank each school. U.S. News assessed the data for each quality indicator and then standardized the value of each indicator about its mean. Each indicator has a weight assigned to it, which indicates U.S. News’ judgment about their relative importance, after consulting with experts in the field. 

<< Are you competitive at your dream school?
Check out the Selectivity Index to find out! >>

These final scores were rescaled to give the highest-scoring school a score of 100, with the other schools’ scores recalculated as a percentage of the top score. A school with a score of 100 did not necessarily receive the highest score on every indicator, it merely accrued the highest composite score.

Highlights of the 2021 MBA Ranking

• The biggest news of all is that Harvard Business School slipped down to sixth place this year from third in the 2019 full-time rankings. 
  
  
• Stanford University gained a position this year to tie the University of Pennsylvania for the top slot for full-time MBA programs. 
  
  
• Northwestern University jumped from a three-way tie for 6th place last year to a two-way tie this year at #3 with the University of Chicago. 
  
  
• New York University broke into the Top 10 this year, jumping from a three-way tie for #12 to the #10 spot. 
  
  
• Further down in the rankings, North Carolina State University leapt more than 30 spots, from a tie at #85 to #52 this year.
  
  
• Chicago Booth maintained the top position among part-time MBA programs. 
  
  
• Also in the part-time rankings, the University of Washington joined the Top 10 this year, rising from a two-way tie at #12 to #10 this year.  

2021 Top 10 full-time MBA programs

Rank	School	Location
1	Stanford University	Stanford, CA
1	UPenn Wharton	Philadelphia, PA
3	Northwestern Kellogg	Evanston, IL
3	Chicago Booth	Chicago, IL
5	MIT Sloan	Cambridge, MA
6	Harvard Business School	Boston, MA
7	UC Berkeley-Haas	Berkeley, CA
8	Columbia Business School	New York, NY
9	Yale SOM	New Haven, CT
10	New York University Stern	New York, NY

2021 Top 10 part-time MBA programs

Rank	School	Location
1	Chicago Booth	Chicago, IL
2	UC Berkeley-Haas	Berkeley, CA
3	Northwestern Kellogg	Evanston, IL
4	NYU Stern	New York, NY
5	UCLA Anderson	Los Angeles, CA
6	Michigan Ross	Ann Arbor, MI
7	UT McCombs	Austin, TX
8	Carnegie Mellon University Tepper	Pittsburgh, PA
9	Indiana Kelley	Bloomington, IN
10	Emory Goizueta	Atlanta, GA

Would you like to be a member of the class of 2022 in one of these top programs? Check out our MBA Admissions Consulting & Editing Services and work one-on-one with an expert consultant to create an application that will get you ACCEPTED!

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Related Resources:

• The Ultimate Guide to Becoming a Competitive MBA Applicant, a free guide
• Business School Selectivity Index [Can I Get Into My Dream School?]
• Do MBA Rankings Matter?

The post U.S. News Announces 2021 Ranking of Best MBA Programs appeared first on Accepted Admissions Blog.

Poets & Quants just released its 2019-2020 rankings of the top 100 U.S. MBA programs.

There were some minor changes in the top 10  – most prominently is Stanford GSB climbing two spots, passing Harvard Business School and UPenn Wharton, to claim the #1 position. It’s the second time in 10 years that Stanford has claimed the top slot.  

Other highlights include:

• Yale School of Management just barely broke into the top 10 by securing 10th place. 
• Purdue’s Krannert School of Management dropped 10 spots from last year, from 38th to 48th.
• Fordham’s Gabelli School of Business jumped 12 spots from 62nd place last year to 50th.
• UC San Diego’s Rady School of Management experienced a massive jump, from 94th to 71st place.

P&Q ranking methodology

P&Q’s rankings are based on the rankings of five highly-influential business publications, and are weighted based on P&Q’s assessment of each ranking’s methodology and credibility. The five included in P&Q’s ranking are U.S. News (weight of 35%), Forbes (25%), The Financial Times (15%), Businessweek (15%), and The Economist (10%). Combining the rankings in this way lessens the irregularities that are frequently seen in a given year. This allows applicants to get a better idea of a school’s overall reputation, which typically changes little from year to year.

Top 25 U.S. MBA Programs

2019 Rank	School Name	2018 Rank	Index
1	Stanford GSB	3	100.0
2	Chicago Booth	4	99.6
3	Harvard Business School	1	99.2
4	UPenn Wharton	1	98.8
5	Northwestern Kellogg	5	96.2
6	Dartmouth Tuck	9	96.1
7	MIT Sloan	6	96.0
8	Columbia Business School	7	94.8
9	UC-Berkeley Haas	8	94.4
10	Yale SOM	11	91.1
11	Virginia Darden	12	90.8
12	Michigan Ross	10	89.7
13	Cornell Johnson	13	89.6
14	Duke Fuqua	14	89.5
15	UCLA Anderson	15	88.1
16	New York Stern	16	87.6
17	Carnegie Mellon Tepper	17	84.5
18	Texas-Austin McCombs	18	82.8
19	Southern California Marshall	22	82.5
20	North Carolina Kenan-Flagler	19	82.5
21	Washington Foster	21	81.0
22	Emory Goizueta	20	80.6
23	Indiana Kelley	25	80.1
24	Georgetown McDonough	23	76.9
25	Rice Jones	24	74.6

Watch: Linda Abraham and Marco de Novellis discuss MBA rankings

Do you want to be a member of a top-tier MBA program? Explore our MBA Admissions Consulting Services and work one-on-one with an expert advisor who will help you GET ACCEPTED!

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Related Resources:

• The Ultimate Guide to Becoming a Competitive MBA Applicant, a free guide
• Business School Selectivity Index [Can I Get Into My Dream School?]
• Highlights of Bloomberg Businessweek’s 2019 MBA Rankings

The post Poets & Quants Announces 2019-2020 MBA Rankings appeared first on Accepted Admissions Blog.

Rank	School	Final Score	Launched Business in 3 Months	% of Faculty who Teach Entrepreneurship	Award Money Available*
1	Washington University in St. Louis (Olin)	100	20.67%	27.00%	$987,500
2	Stanford Graduate School of Business	72.54	15.67%	16.39%	$100,000
3	Babson College	71.3	16.63%	20.00%	$132,500
4	University of Michigan (Ross)	70.21	17.33%	17.20%	$523,500
5	ESADE	60.14	4.61%	6.00%	$0
6	MIT (Sloan)	52.99	6.80%	15.66%	$270,000
7	CEIBS	51.08	4.93%	4.41%	$9,000
8	University of Minnesota (Carlson)	50.65	7.67%	6.40%	$500,000
9	University of California-Los Angeles (Anderson)	47.17	3.13%	7.74%	$41,000
10	University of California-Berkeley (Haas)	46.86	6.05%	13.56%	$100,000
11	Rice University (Jones)	46.52	6.00%	17.00%	$2,942,150
12	Harvard Business School	45.99	7.33%	12.70%	$700,000
13	University of Chicago (Booth)	45.76	3.13%	11.76%	$700,000
14	Carnegie Mellon University (Tepper)	45.68	6.67%	1.00%	$60,000
15	INSEAD	43.62	4.33%	10.75%	$145,029
16	Indiana University (Kelley)	43.42	1.53%	19.23%	$20,000
17	Northwestern University (Kellogg)	42.6	1.90%	4.52%	$100,000
18	Yale School of Management	38.17	4.13%	12.08%	$100,000
19	University of Texas-Austin (McCombs)	34.02	2.73%	11.00%	$100,000
20	Columbia Business School	33.6	4.27%	21.93%	$250,000
21	University of Virginia (Darden)	28.47	4.53%	15.38%	$50,000
22	UNC-Chapel Hill (Kenan-Flagler)	28.18	1.67%	20.00%	$49,500
23	University of Pennsylvania (Wharton)	28.01	4.97%	11.68%	$135,000
24	Georgetown University (McDonnough)	26.63	3.00%	7.81%	$189,500
25	New York University (Stern)	24.2	1.65%	14.00%	$275,000
26	University of Southern California (Marshall)	24.07	0.50%	6.05%	$300,000
27	Emory University (Goizueta)	20.31	1.07%	0.00%	$8,500

* Total award money available to full-time MBAs through new venture and startup competitions during the 2018-2019 academic year.

Are you a budding entrepreneur who needs to round out their skill set with an entrepreneurial-focused MBA? Let us at Accepted help you put together your strongest application to show these top programs what you’ve got. Contact us today for a free consultation on how we can work together to get you accepted to the perfect program for you!

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Related Resources:

• MBA Applicants: Make Your Work Experience Work for You, a free guide
• B-School Selectivity Index: Discover the Schools Where You Are Competitive
• A Bain Consultant-Turned Wharton MBA Starts Her Own Business, a podcast episode

The post Top MBA Programs for Entrepreneurs appeared first on Accepted Admissions Blog.