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Ask GyanOne:Indian applicants for global top 30 MBA programs

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Can Indian Applicants Aim for Scholarships at Top MiM programs?

MiM scholarships, or scholarships for Master in Management programs, are highly sought after by each applicant to these early career management programs. With most top MiM programs in Europe (although some top schools in the US, such as Kellogg, and Ross, are also catching up), a majority of applicants looking for early career options have their sights set on not just admissions, but also scholarships in Euros! This post discusses some of the criteria that top management programs use to award scholarships and also highlights a success story of Vishal Sanduja, a GyanOne client who won a EUR 20,000 scholarship to ESSEC and an admit to the HEC MiM too. Vishal joins multiple GyanOne clients who have made it to top MiM programs in the past.

MiM essays and their role in scholarships
The fact that MiM essays play a big role in earning scholarships is not a secret from most MiM applicants. However, MiM applicants also need to exhibit greater achievement based on fewer experiences as compared to their MBA applicant counterparts, because the huge factor of work experience is absent or restricted largely to internships. Work achievements therefore play hardly a role. Further, most MiM applicants bring in achievements that are not very different in nature (the college experience provides for similar opportunities), and therefore differentiating oneself is very important. MiM applicants also need to enunciate career goals with greater clarity, because their statements of the future are not based on exhibited professional achievement, but an extension (and often a change) of what they have studied. MiM Scholarships and Essays

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Want To Be An Entreprenuer?

by GyanOne » Fri Jul 15, 2016 4:50 am
Want To Be An Entreprenuer? How Will A Top MBA Help You?

There was a time, not long back, when family business applicants to full-time MBA programs were looked upon almost entirely as inheritors. This has been rapidly changing over the last 4-5 years, and today, not only have top MBA programs launched specific offerings targeting family business applicants, but they have begun looking at second-generation business owners as excellent prospects to add value to their programs, and later to their alumni base. The Cornell MBA, which we have covered in the past as an excellent MBA program among the very best, has taken strong strides in this direction too. This post looks briefly at the plenty of opportunities available for studying entrepreneurship at Cornell, and also looks at the story of Rohan Sangari, one of the GyanOne clients who made it to the Cornell MBA in 2016.

Why go for an MBA as an entrepreneur?
As an entrepreneur or a family business professional, the first question that one asks oneself when considering further education is around whether the MBA is the right program in the first place. In this sense, the MBA competes with other specialized master's programs, short-term executive education options, and even the option to not get any further education at all. This is especially true for second-generation family business professionals, as many of them are already part of well-established, successful businesses. And yet, even this trend is now changing. Many family business professionals and entrepreneurs now see the value of gaining advanced business education that may not get them immediate short-term profits, but could be pivotal to helping them forge partnerships and expand their concerns in the medium to long term. Entrepreneurship at Cornell MBA

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FT Rankings 2016 Highlights

by GyanOne » Tue Jul 19, 2016 10:06 pm
FT Rankings 2016 Highlights: INSEAD is #1 and Much More!

The full-time INSEAD MBA program was ranked the best MBA program in the world in the latest released FT ranking 2016 for MBA programs. This is the first time in the history of the FT ranking that a 1-year program has been ranked at the top, above vaunted traditional 2-year options like MBA programs at Harvard, Stanford, Wharton, Kellogg, and MIT Sloan. The business school for the world is now at the top of the world, at least in the FT MBA ranking.

FT MBA ranking 2016 - winners and losers

While INSEAD has moved from #4 in 2015 to #1 in 2016, there hasn't been a big change in the positions of most other top schools, with the exception of Berkeley Haas (#10 to #7), Cambridge Judge (#13 to #10), and Kellogg (#14 to #11). Judge's rise is notable, given the fact that Oxford Said, in many parameters similar to Judge, slipped 6 places to #28 from #22. INSEAD Ranked Post MBA

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The MBA Optional Essay

by GyanOne » Thu Jul 21, 2016 2:19 am
The MBA Optional Essay - How to Approach and Tackle it

The MBA Optional Essay is a bit of an enigma to most MBA applicants when they first see it. For most people preparing their MBA applications, the other essays adequately cover the applicant's career goals, reasons for choosing the relevant school, and key achievements and learning. The optional essay therefore presents an opportunity to provide yet more information, but in most cases, applicants are not clear about what exactly it should contain. As a result, many applicants tend to use this essay to provide random information, extend other essays, or make a further case for their candidature. This article attempts to remove the confusion underlying the content of the optional essay, and presents a few scenarios on how it should be used.

The MBA optional essay - what is it exactly?
In most cases, schools have only a singular purpose in mind when providing an optional essay - helping applicants to explain extenuating circumstances like career gaps, low academic performance, or frequent job switches. Typically, no other essay will provide an opportunity to discuss these aspects, so this is the applicant's chance to provide an explanation for these topics. While these are suggested topics that the optional essay can address, the scope of the essay need not be limited to them. For example, some applicants also use this essay to discuss why they have not requested a recommendation from their direct supervisor. In principle, the optional essay is only supposed to discuss these extenuating reasons. The MBA Optional Essay

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MIT Sloan Fellows MBA

by GyanOne » Sun Jul 24, 2016 10:31 pm
MIT Sloan Fellows MBA - For Leaders Among Leaders

The MIT Sloan Fellows program is quite unlike any other masters program for business professionals out there. Why? Quite simply because there are very few full-time options for mid-career professionals looking at MBA equivalent programs or programs that give them advanced management skills. On the one hand, there are full-time MBA programs, which will consider applicants with 12+ years of experience as older applicants, while on the other there are Executive MBA programs, which are all part-time options.

The various flavors of the Sloan Fellows Program
While the Sloan Fellows Program originated at MIT Sloan, and still exists there, it is also offered by two other top schools in slightly different flavors. The Stanford MSx is the Stanford-equivalent, while the LBS Sloan Masters in Strategy and Leadership is the London Business School equivalent. While there are strong similarities between the three programs. Each of the programs is meant for senior executives, with 12+ years of experience behind them. already have MBA degrees and are pursuing a 'second MBA' through the Sloan program, so to say. Each Sloan program emphasizes leadership and strategy, as executives at that level of experience have reached a position in their careers where both domains impact them significantly. Each Sloan program is 12-14 months long, and each is offered by a top school. While these similarities exist, the Sloan Fellows programs also differ from school to school. Not all Sloan applicants need to take the GMAT. Class sizes also vary, with the MIT Sloan program having a class size around twice that of the LBS program. MIT Sloan Fellows Programs

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MBA for Indian Army / Navy / Air Force veterans

An MBA after a life in the Indian armed forces (Army / Navy / Air Force) is something that many officers consider after they leave the military. Your operations and administration skills are far superior to those possessed by people in civilian life. After all, as an armed forces officer you are a natural leader - you have commanded large groups of men in difficult conditions, and handled many emergencies. Now, an MBA can help you to further add skills and business acumen that can make possible the attainment of better positions in business and professional life.

The importance of the MBA for Indian Army / Navy / Air Force veterans

You led a good life in the armed forces, but decided to leave due to personal reasons or to pursue other opportunities in the private sector. Right out of the armed forces, it is difficult to find positions that are high-paying and also leverage the considerable people and management skills that you have garnered so far in your career. An MBA can help. Here are some reasons why the MBA can be useful in your future professional endeavors...MBA for Indian Army / Navy / Air Force Veterans

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How to select recommenders for your MBA Applications?

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What are some of the criteria that the candidate should keep in mind while selecting recommenders? Should the candidate manage the recommendation letter writing process? What are some of the best practices? The answer is that it is important to select someone who one has worked with rather than just go for the person with the highest designation who will still agree to write the recommendation. A lot of candidates feel that if they are able to get a recommendation from the CXO of their organization, their admission will be a foregone conclusion. MBA Recommendations, Failure Essays

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If You Are Planning to Start your MBA Applications, Read This Step-by-Step GUIDE

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A strategy on how to prepare MBA applications is very important for any applicant planning to apply to MBA programs in top schools around the world. While planning for some of the initial steps might seem trivial - creating an online account and entering basic details - as one starts to get deeper into the application, one realizes that there are many other factors to be taken care of. How to choose recommenders for an MBA application, how to tackle different questions asked as part of the MBA application essays, and which deadline to apply for are some of the questions that applicants must tackle. In fact, some of the questions begin much before a candidate formally starts thinking of when and how to prepare MBA applications. GyanOne presents a list of some Frequently Asked Questions (FAQs) to help MBA applicants better prepare their MBA applications. How to Prepare MBA Application

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IIM Calcutta PGPEX Jobs

by GyanOne » Fri Jul 29, 2016 4:01 am
IIM Calcutta PGPEX Jobs, Placements Trends and Statistics

IIM Calcutta or IIMC PGPEX placements are a key area of interest for many potential (and even current) students interested in looking at prospects after the program. The program itself is small - only 50 people in terms of batch size - so the opportunity to attract firms with widely varying roles and offers is anyway limited. In this brief article, we take a look at IIMC PGPEX placements and key trends over the last 2-3 years.

Lateral recruiting expected to dominate - and it does
With a batch strength of 50, and the average experience level hovering around 7.5 years, it is fairly clear that this is a group of experienced executives who are here to hone their skills rather than look for career switches. They will therefore be recruited by firms based on their prior experience and skills more than anything else. Yes, functional changes would happen (for example, people in IT delivery or software development roles might be able to move to business development or project management) but switches that involve both industry and function are expected to be rare. Also, with a fairly senior cohort of students for recruiting, firms are expected to offer lateral roles, and this in turn means that the number of offers per firm are going to be limited. These are recruiters who are recruiting for specific, niche positions rather than picking up a bunch of....IIMC PGPEX Placements

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Is Financing your MBA a Worry?

by GyanOne » Mon Aug 01, 2016 6:08 am
Is Financing your MBA a Worry? Read Ahead to Plan your Finances Well

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The question of how to finance your MBA in USA can be one of your biggest worries even after getting the prized admission letter. With the top US MBA programs costing well in excess of $100,000, the decision to attend one is not just based on career needs but also financial resources. How can one get a loan? Where should one get the loan from - the USA or from one's home country? Is a co-signer required? How long will it take to pay the loan back? All of these are questions that race through the minds of successful applicants, often dampening the celebration of having gotten the admission in the first place. For some, worry on how to finance your MBA in USA becomes a bigger issue than planning their career and deciding on how to make the most of the time they have. With proper planning and research, though, each of these concerns can be fully addressed. Funding your MBA is a critical part of deciding to go, so planning for it is important.How to Finance Your MBA

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Got a Below 700 on the GMAT?

by GyanOne » Tue Aug 02, 2016 2:56 am
Got a Below 700 on the GMAT? Dont Worry, You can Still Apply to Top MBA Programs!

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Have a low GMAT but high aspirations? Far too many MBA applicants think that this is an obvious mismatch, but it may not necessarily be! This still does not mean that the doors to all top MBA programs are open wide for you, but it does mean that not all doors are closed either! Over the years, we have seen (and fashioned!) many low GMAT MBA success stories. This post is our attempt to explain what may be the possibilities if you have a low GMAT score but are still aiming for the top programs.here are things that you can do with low GMAT scores and things you can't. A score of 650 with an otherwise strong profile and excellent application might be good enough to even get you into schools that have 700+ GMAT averages....Low GMAT MBA Success Stories

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5 of the Worst MBA Application Mistakes to Avoid!


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Some of the worst mistakes are unintentional ones. More so when one speaks of MBA Application mistakes. For sure, everyone wants to seem the best that they can on each MBA application. However, in trying to improve things, a lack of understanding can sometimes lead to worsening them. In our effort to help MBA applicants understand the applications landscape better, we present here a list of commonly made MBA application mistakes. This list is certainly not exhaustive, but these are some very common mistakes nevertheless, and also things that we regularly advise our clients against doing. The mistakes listed here are not in any order of importance - each is equally important to understand and avoid. MBA Application Mistakes

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Then Read This Before You Think About an MBA

by GyanOne » Fri Aug 05, 2016 1:43 am
Are you Working in McKinsey Knowledge Center (McKC), Bain Capability Center (BCC), Boston Consulting Group Research (BCG Research), The Smart Cube, Analysys Mason, or Corporate Executive Board (CEB)? Then Read This Before You Think About an MBA

Business professionals working at research organizations such as McKinsey Knowledge Center (McKC), Bain Capability Center (BCC), Boston Consulting Group Research (BCG Research), The Smart Cube, Analysys Mason, and Corporate Executive Board (CEB) often start to consider an MBA after 3-4 years in their roles. Many of them have met with strong success in the past, getting to top global programs like Wharton, Kellogg, and Tuck, while others have made it to top Asian and Indian schools like ISB, IIM Ahmedabad (PGPX), and NUS Singapore. What strengths can business professionals leverage?

The MBA for business research professionals - recommended
Business research and Knowledge Process Outsourcing (KPO) jobs are often seen to be the younger cousins of more glamorous and prestigious consulting positions. That need not necessarily be the right picture. Some time back, many business research units were soon only as back-office support for main business units within organizations. Today, they have come into their own, and are being valued as strategic entities providing valuable research and services to both internal and external clients. Some research firms are, and have always been, independent research houses, and provide quasi-consulting services to their clients. The value of business research is more understood now than it has ever been. MBA for Business Research

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Round 1 or Round 2? When Should You Apply?

by GyanOne » Mon Aug 08, 2016 4:47 am
Round 1 or Round 2? When Should You Apply?


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Applying in Round 1 vs Applying in Round 2. MBA candidates often struggle with this question. Which option increases the chances of being accepted to an MBA program? The answer to this one is a bit complicated, but read it through to understand it completely. A strong candidate will have an equally good chance in either round. However, and this is important, this should not mean delaying an application till the last possible moment to keep fine tuning it. While it is a mistake to rush to meet a deadline if is not ready, it is just as bad to push applications...How to Prepare MBA Application

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All You Wanted to Know About the Best MBA in Analytics

Almost every MBA program today has a course or two focusing on Big Data and Analytics. However, a few schools lead the pack in terms of offering deeper study, more courses, and even majors in the area of Analytics. Increasingly, more schools are investing in Business Analytics and developing the capability for research and teaching in the area. The Economis mentions that Yale, Wharton, and Kelley have all invested in creating research centers focusing on Big Data, and they are not the only ones. For example, HEC Paris has teamed up with IBM to offer two new courses focusing on Analytics.

Opportunities across sectors

Before Analytics and Big Data became a phenomenon, there was just one sector that attracted professionals from across industries - Consulting. Now, whether you have a background in Finance or in Marketing, HR, or Operations, you can find positions that will value your skills in the broad domain of Analytics.

Analytics is big business - and big business is using Analytics

Large firms across sectors today have Data Analysis / Big Data divisions specifically looking only at the numbers. From large retailers (Target, Tesco, Walmart), to Financial Services firms (all big banks, capital markets firms, insurance firms), Consulting firms (Strategy, Operations, and....Analytics MBA Programs and Opportunities
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