Thursday, December 20, 2007

Got into LBS!

So it's been a while since I last posted here. I had my LBS interview on Dec 7, the last day we were supposed to complete the interview. The alumni was very nice and tried to help me I felt but still asked lots of questions: Why an MBA now, why LBS, what will you contribute (aside from the standard things such as international experience, etc.). One question you should really prepare for: I was asked which other schools I'm applying to and then I was asked how I'll decide which school to attend if I got accepted to all. Your answer should obviously favor the school you're interviewing for! Remember, the yield rate (% of applicants accepting offer of admission) is a key factor for b-schools, the higher the better the spot in the rankings. While Harvard's yield is somewhere around 90%, other top schools typically hover around 50-70%.

Btw, my impromptu presentation topic for LBS was something like "What are the advantages and disadvantages of a UN passport that allows people around the world to move freely?" LBS is an international place favoring free trade so your answers to any questions like globalization or immigration should probably favor these. They say though that your answer is not important (more so your argumentation and logic) but I'm sure it has some influence on the "fit" evaluation.

Anyways, so I visited IESE on Dec 14 and LBS on Dec 17. At both places, I met very nice admissions people and great current students. Both are amazing schools!

On Dec 19 I was quite excited to learn that I got accepted to LBS as well! So if things stay as they are (no interest from Haas or HBS) then I'll probably go to LBS, since it has a stronger reputation outside of Europe. Most people probably would decide the same way, but IESE definitely has amazing students as well! Some of them didn't even apply to LBS, even though they prob. would have been accepted there as well, just because they love Barcelona and want to learn another language. I definitely want to go on exchange there if I can.

As for Haas and HBS, same as before: No love from them so far.

Update: Other impromptu presentation topics for the LBS interview I've heard of: Are you in favor of breaking patents for medicine in developing countries? And then something on carbon emissions trading, don't remember that one quite correctly, sorry!

Update 2: More topics I heard of: If you could make a documentary, what would it be about? And: Are you in favor of globalization? Quickly also wanted to share a funny story I heard from a fellow admit. While most interviews take place in offices or Starbucks, she had hers at home in her living room!

Update 3: Another interesting topic I came across on the BW forum: An employer sacked its store keeper for posting bad comments about the employer on facebook. Would you agree with the employer, and why?

Update 4: Just launched my own business thanks for the support from LBS! It's an affordable office phone booth targeting small businesses, start-ups and co-working spaces as these things cost > £4K so meant for companies who don't have the deep pockets like large corporations who can afford these soundproof booths today.office phone booth for small businesses and start-ups as these things cost > £4K we wanted a soundproof booth

Tuesday, November 27, 2007

Haas and HBS...

Hmm... still no word from Berkeley and Harvard. I haven't even received the email from Berkeley that my application is ready to be reviewed! As for HBS, I submitted the app on Oct 1! That's almost 2 months ago... don't have a good feeling :-(

In two weeks I'll go check out the campuses of IESE and LBS while I'm back home in Europe. I will be at LBS a week before they send out their decisions. Well, I guess I'll have to take the risk since I'll be in Europe, hopefully I won't get dinged just right after I visit :-).

Monday, November 26, 2007

London Business School interview

Just received an email with my LBS interview logistics (luckily it will be in Boston). It seems like everybody has to give a 5min. impromptu presentation? Man, the whole MBA application process is getting a bit too crazy. I wish I had applied in the days when you didn't even have to interview! What's going to be next? Two inteview stages? 15 essays?

Received an extension from IESE...

As I wrote in my first post, I am very happy that I already received an offer from IESE. Definitely takes away some of the pressure and anxiety. A little issue I faced though was the decision deadline I was given by IESE. I got accepted on November 7, had to give IESE word by November 23 if I was accepting, and make a 4500 Euro deposit by December 5! That was quite soon! By December 5 I will not have heard back yet from any other university and also I haven't even visited the IESE campus! So I called admissions (after having sent 2 unanswered emails) and finally today (three days after I should have sent the fax) I received an email that the admissions committee granted me an extension to January 16 (and a deposit extension to January 30). I really appreciate IESE's responsiveness and look forward to checking out their campus and meeting current students in December!

Friday, November 16, 2007

LBS...

...quick update: I got lucky and received an interview invite! Hurray.

Curious to see where I'll have to interview, hopefully here in Boston... back to work now.

Saturday, November 10, 2007

Blogging a bit late...

...in the game but still wanted to share my experiences! After weeks of writing essays, attending information sessions, campus visits, etc. I already submitted my applications for the following schools: HBS, IESE, Haas, and LBS (all round 1).

A bit about myself: German/US national (grew up in Munich until I was 20), 3.5 yrs of consulting experience (Boston), low GMAT (640), high GPA (3.72 from Boston College), quite involved outside of work (teaching ESL at a non-profit where I'm also a board member; created a website for prospective MBA students, also working on a screenplay, etc.). It should be interesting to see how my low GMAT comes into play. Aside from that I feel I'm not aiming too high.

As of today:
I interviewed with IESE in NY and wasn't too optimistic after. For those of you still awaiting an interview in the US, expect some tough questions:
- When did you disagree with your supervisor and what did you do?
- When did a team project fail and what did you do?
- When did you not meet a deadline and what did you do?
- When did you face an ethical dilemma and what did you do?

Last week, however, I got accepted! I was super happy and I catch myself constantly day dreaming about how it would be spending 2 awesome years at IESE in Barcelona...

Next week: LBS will kick out the first batch of applicants for round 1 (interview invites will be sent as well as lots of rejection letters). Good luck to all of us!


Update: Check out the accepted.com interview database if you want to know more about your target school's interview process. You can filter by school and feedback rating.