Category Archives: MBA Adcom

MBA Adcom, MBA Admissions

A GMAT Reality Check

A client recently sent me this handy new utility from GMAC, purveyors of the GMAT, which allows test-takers to rate their score with reference to their cohort filtered by intended degree, age, gender, country, and so on.

If you try it you will be able to see how you stack up against the sub-group you are really competing against.

You may also take heart that the median is much lower than you think. True, this doesn’t help “GMAT paranoia” when you look at your elite school and find it has an average accepted GMAT of 720 and your score is 680…

For that you need to absorb what the schools keep telling us — once again here in a recent WSJ interview with Derrick Bolton Director of MBA Admissions at Stanford GSB — which is that the GMAT is only one among many factors that determine admission.

WSJ: “Do you check out the GMAT score and if it’s below a certain number, put that application aside?”

Bolton: “That would rob us of a lot of talent. The GMAT is helpful in terms of understanding how someone can perform in the first year, but that’s one small piece of the overall M.B.A.”

What would be nice, for the next iteration of this GMAC utility, would be the ability to check a box that shows the GMAT arc of accepted students at Stanford, or Harvard, or Tuck, etc. That arc would by definition show the 50% below the incoming median score, and how low incoming scores can be, and that would be reassuring to the many hundreds of applicants who will get into elite schools despite not being “GMAT geniuses.”

See also I Scored 700, Should I Retake? and The Myth of the 800 GMAT.

 

Ethics & Community, Leadership, MBA Adcom, MBA Admissions

MBA Admissions: About You, About More Than You

The military style and ethos of management is usually best avoided in MBA admissions, because it is not subtle or complex enough for the real world of business. If Adcom is interested in your leadership style (and they are) they are interested in how you are able to motivate people without threats or force or heirarchy. To go up to someone’s desk and scream in their ear is hardly going to work in your office. In business, pulling rank usually does more harm than good.

However, occasionally there is something to be gleaned from the military, and here is a video worth two minutes of your time. It features Eric Greitens, a former Navy SEAL, now CEO of ‘The Mission Continues.’

 

He describes his epiphany during ‘Hell Week’ when it dawned on him: “This isn’t about me. This test is about my ability to lead and be of service to the people who are in that tent right now.” The irony is he then falls asleep…

Jokes aside, here’s the point from an MBA admissions perspective:

A lot of applicants describe corporate hazing of one type or another. That is, the long hours worked, vertical learning curves ascended, all-nighters pulled, jetlag endured, and so on — in terms of personal gain. “I suffered, I showed perseverance and came though it, and learned a lot, and now I’m a better person.” That’s okay as far as it goes.

But the real admissions jackpot comes from being able to see it and frame it in group terms. How the ‘pain’ was all about bearing the load with the rest of the group, and achieving goals for the group. That is, how your effort was about more than just you, therefore implying what you will do with your MBA will also be more than just about you.

In this regard, note items 2 and 3 on the MIT Sloan guidance (which enumerates principles equally true of all top tier MBA admissions.)

“We seek to enroll well-rounded individuals with the following characteristics:

  • Success in your professional endeavors (whether you are well into your career or a college senior)
  • Ability to collaborate to accomplish a common goal
  • Drive to inspire others to achieve success
  • Vision to seek alternative solutions to existing challenges
  • Pursuit of meaningful goals”