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MBA Admissions Blog

Five Reasons to Pursue an MBA Along with the CFA Designation

Five Reasons to Pursue an MBA Along with the CFA Designation

September 18, 2024

Here are five ways an MBA and the CFA® Program work well together and can help you achieve your career goals in the investment industry. Earning a CFA (Chartered Financial Analyst) charter is indeed a time commitment: the average charterholder spends around 300 hours studying for each of three levels of the exam, and fewer…

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MBA Application Timing: Should You Apply in Round 1 or Round 2?

August 29, 2024

Over the next two weeks, we will hit the Round 1 MBA submission deadlines for Harvard Business School, Wharton, Michigan Ross, London Business School, Stanford GSB, Yale SOM, INSEAD, Northwestern Kellogg, Columbia Business School, and Berkeley Haas. In addition, UVA Darden and Duke Fuqua have Early Action deadlines within the week. And before the end of September,…

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Should I Consider a Master in Management or Master in Management Studies?

Should I Consider a Master in Management or Master in Management Studies? 

August 16, 2024

Are you a liberal arts or engineering major who is interested in accelerating your career in business? Did you miss out on taking introductory courses that would prepare you for roles in consulting, banking, or general management? Are you an international student who wants to mitigate risk as you look to secure your first job…

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Primer on Pre-Experience Business Master’s and Professional Master’s Degrees

August 6, 2024

If you have just completed your undergraduate degree or are in your final year of university, the economic climate may seem daunting. Consequently, remaining in school and enhancing your academic profile may be a great option while the global economy recovers.  Pre-experience business master’s and professional master’s degrees can be a great option if your current…

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Help! Am I Ready to Apply in Round 1?

Help! Am I Ready to Apply in Round 1?

August 1, 2024

Round 1 application deadlines for top business schools are just over a month away! Although some candidates believe they MUST apply in Round 1 to have any chance at securing a seat in their dream MBA program, it is important to submit your application when it’s as strong as possible. Furthermore, you want to apply to…

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How Will Job Hopping Look on My MBA Applications? July ##, 2024 Susan Cera If you look at the class profiles for top MBA programs, you will note that the average incoming student has four or five years of work experience. Generally, about 80% of students have between three and eight years of post-undergraduate work experience. However, each individual’s professional journey during that time is unique. Some applicants have worked for the same company the entire time and received one or two promotions. This is common for strategy consultants. Often, applicants who are engineers have stayed at a single company and may not have been promoted at all. Meanwhile, the typical pre-MBA profile for many in finance consists of two years working in investment banking followed by two years in private equity. So, how will it look if you have had three or even four jobs over five to eight years before applying to business school? As with anything related to MBA admissions, it depends. The admissions committees’ view of a candidate who has had several jobs before applying is nuanced. Through the application process, you need to explain why you transitioned from one job to another and how your current role sets you up to be successful in an MBA program. Like any other applicant, individuals who have held more than one job will need to clearly articulate why NOW is the right time to attend business school and how an MBA will position them to achieve their short- and long-term goals. Taking Steps Toward a Focused End Goal One of my clients was on her third job in five years when she applied to business school. Her first role directly out of college with a degree in computer science was as a product manager for a startup, where she wore a lot of hats. Beyond understanding the needs of a niche customer base (i.e., senior citizens using technology), she designed packaging and conducted A/B testing on marketing campaigns. Given the size and stage of her employer, she was able to work on many projects, but the scope was small and she wasn’t getting a lot of guidance. After just over two years in her first role, she moved to a product marketing role in a more established company, where she led messaging for five products with a global reach. During this time, she realized that she missed working closely with customers and leveraging her technical skills to craft solutions that addressed consumer needs. She knew that she wanted to become a tech product manager, and since she wasn’t able to make an internal pivot, she looked for a role outside of her company. Her third job was closest to her end goal—but rather than working with consumers, the product she was working on targeted businesses. However, it was through these diverse experiences in a variety of technology companies that she was able to identify and articulate why an MBA was the best next step to position herself for her career moving forward. When she lost her job due to the COVID-19 pandemic, she had already done a lot of thinking about where she wanted to take her career and what skills, knowledge, and relationships she needed to get there. She was able to take advantage of extended deadlines in 2020, applied a year before she had intended to, and she was accepted to several top 15 MBA programs and ultimately attended Berkeley Haas. Exploring Early to Uncover Passion and Fit Another client, an undergraduate business major, had worked in four roles in five years before applying to business school. Her first position out of college was as an investment analyst focused on fixed-income investments. She realized pretty quickly that this was not what she wanted to be doing long term, so she took a job as a product manager in the gaming industry, where she was able to gain exposure across functions. Despite thriving, she felt pigeonholed and realized that she wanted to be working more strategically, so she joined a big tech firm in a strategy and operations role. Unfortunately, she had expected to apply to MBA programs from this role but recognized that her manager did not support her academic ambitions and would not write a strong recommendation. Her life experience was global in nature, so as she was exploring new roles within her company, she looked for an opportunity to tap into her personal commitment to Asia. She secured a role focused on lifting up entrepreneurs in the region, reporting to a manager who had an MBA and understood the value of going back to school. By the time she applied to MBA programs, she had worn a lot of hats and knew what she did and didn’t want to do. This allowed her to craft a strong story that spoke to how the skills she had learned in each job set her up for the next—ultimately positioning her to attend Wharton. Following a Haphazard and Opportunistic Trajectory Another client of mine had worked at five jobs in just over six years and hadn’t been with any company for more than two years. He had no clear upward trajectory or consistent function or industry. Furthermore, his last position had been a six-month contract, and when he applied to business school, he was a “private investor” in blockchain who paid the bills by playing professional poker. Needless to say, his erratic work history was a red flag to admissions committees, and he wasn’t able to secure a seat in his target MBA program. Changing Jobs Just Before Applying (or During the Application Process) Many prospective applicants have asked me if they can leave their job before they apply to business school. This is not advised, as the admissions committees expect students to be able to balance schoolwork, extracurricular engagements, and recruiting. If you cannot prepare for a standardized test and work on your MBA applications while performing at your day job, it is unlikely that you will thrive in the high-pressure environment of a top business school. I also advise against switching jobs (with the exception of an internal transfer) in the months leading up to submitting applications. One of the stakeholders in the MBA admissions process is the career office, and they are responsible for ensuring that individuals graduating from the program can secure the positions to which they aspire. Recruiters don’t look favorably upon candidates who take a pre-MBA job when they are planning to leave the company in less than a year. Companies that recruit from top MBA programs invest a substantial amount of time and money in onboarding top performers. Therefore, they don’t want to make a job offer to someone who isn’t going to commit to their organization for several years post-MBA. Another challenge related to switching jobs immediately before applying to business school is securing a recommendation from your current immediate supervisor. If you have only worked with your manager for a few months, it is unlikely that you have made a significant impact or that your manager has observed your work in a meaningful way. Consequently, they won’t have much to say about your candidacy. And if you don’t have a recommendation from your manager, the admissions committee might be concerned. Every MBA aspirant has taken a unique path to submitting their applications. There is not one “correct” path to an MBA. If you are unsure about how your career to date will be perceived by MBA admissions committees, reach out for a free consultation to get Stratus’s professional perspective on your profile.

How Will Job Hopping Look on My MBA Applications?

July 24, 2024

If you look at the class profiles for top MBA programs, you will note that the average incoming student has four or five years of work experience. Generally, about 80% of students have between three and eight years of post-undergraduate work experience. However, each individual’s professional journey during that time is unique. Some applicants have…

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How to Build Your MBA Leadership Profile at Work

How to Build Your MBA Leadership Profile at Work

June 28, 2024

MBA programs are focused on developing future business leaders. However, they expect that MBA applicants already will have started flexing their leadership skills before matriculation. For many applicants in the early stages of their careers, managing people, projects, or budgets is not part of their role. And young professionals working long hours often cannot commit…

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Stratus Admissions' Guides

Introducing Stratus Admissions’ Business School Guides!

January 26, 2021

We at Stratus Admissions are proud to present our latest offering: the Stratus Admissions’ Guides to getting into top-ranked schools! After nearly 15 years as a premier admissions counseling company, we have revamped our look and our publications, but our focus remains unchanged—to offer our clients the most up-to-date information and guidance to help them…

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MBA Application Timing: Tick, Tock…What Do I Do?

MBA Application Timing: Tick, Tock…What Do I Do?

August 28, 2020

Over the next three weeks, Round 1 deadlines for many of the top schools will start piling up. Applications for UVA Darden, Harvard Business School, INSEAD, London Business School, Michigan Ross, Stanford GSB, Wharton, Yale SOM, and Northwestern Kellogg are all due, at the latest, by September 16th. Those for Chicago Booth and Berkeley Haas are due the following week.

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4 Simple Strategies for Consultants Applying to MBA Programs

March 1, 2018

Let’s face it – we all know it is tough to get into the top MBA programs. Last year, Harvard accepted only 1 in 10 applications it reviewed.

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How Do Sales Professionals Get into Top MBA Programs?

9 Tips for International Candidates Applying to Top US MBA Programs

February 22, 2018

To view an up-to-date version of this post, click here.  International candidates submit more than half of MBA applications, yet the international student population across the top 20 US MBA programs is roughly 35%. Do the math – it is SUPER competitive. Below are nine things to consider as you prepare to submit your MBA…

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October Tips to Get Ready for MBA Round 2 Submissions

September 20, 2017

To view an up-to-date version of this post, click here.  As many aspiring MBA students are wrapping up Round 1 applications or anxiously awaiting a coveted interview invite, perhaps you haven’t even started yet! Don’t worry. If you use your time wisely, you can have several applications complete and ready to submit before Christmas. Here’s…

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