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MBA BlastOff: 45 Terrific Tips to Launch Your MBA Application to Acceptance.

The Techie`s Guide to MBA Admissions


MBA I.V.: Mainline to Top MBA Programs MBA Interview Questions and Tips

The Nine Mistakes You Don`t Want to Make on an MBA Waitlist

Submit a Stellar Application

Best Practices for
MBA Admissions

The Finance Professional`s Guide to MBA Admissions Success

Create a Better Sequel: How to Reapply Right to Business School

Great Application Essays for Business School

UCLA Anderson

2008 UCLA Anderson Business School Packages

MBA Admissions Consulting
MBA Essay Editing
MBA Interview Services
MBA Wait List Letter

MBA Education as a Bargain

The MBA Tour sent out an interesting announcement yesterday:

Both the euro and the Chinese Yuan have appreciated vs. the U.S. dollar over the past 3 years; the euro by 30% and the Yuan by 17%.

“ An American 2-year MBA is very attractive to European students now because it’s not all that more expensive than many one-year programs there,” Craig Hubbell, Associate Director of MBA Admissions, UCLA Anderson School of Management.

UCLA Anderson reports a 50% increase in MBA applications from Europe this year, and currency exchange rate is one of the top factors, says Hubbell.

Tuition fees rise slightly year to year but no where near the amount the U.S. dollar has dropped. Today a $38,000.00 U.S. tuition fee will cost the European student approximately 24,200.00 euros. 5 years ago that same tuition fee cost 33,000 euros, and 10 years ago, 35,000.00.

Students from China and India are also taking advantage of this less expensive opportunity to study in the U.S. The Chinese Yuan and Indian Rupee continue to rise and American b-schools are seeing an increase in applications from these countries.

The MBA Tour travels with U.S. schools to major cities in Asia and India and is seeing substantial growth in registration over the last 3 years in Beijing, Shanghai, Delhi, and Mumbai conferences.

“As these economies grow, more wealth is created and therefore more affordability of education. This means you’ll see more people taking the GMAT, and attendance at our events in China and India will continue to grow,” says Peter von Loesecke, CEO The MBA Tour. “Our attendance in Shanghai has increased by 62% and we have also witnessed about a 40% increase in attendance in Beijing. In order to handle attendance at our Bangalore event we added an additional city to the tour and attendance in India is up 28% overall.”


Admissions Consultant's Conference

The AIGAC conference was great. Worthy of all my anticipation, excitement, and gushing.

Twenty-six graduate admissions consultants representing 15 consultancies from six countries and four continents gathered to improve skills, talk shop, and share best practices on Wednesday and Thursday of this week. I am proud to say that seven Accepted editors participated in the conference, the largest contingent from any consultancy.

On Wednesday morning we toured Chicago GSB, met with Rose Martinelli -- who addressed us and took questions -- and other Chicago staff. In the afternoon, we traveled to the other end of Chicago, and met with Kellogg staff, a student in Kellogg’s 1Y program, and then heard from Beth Flye.

On Thursday we had three presentations. I served on a panel discussing “Best Practices in Admissions Consulting.” Later that morning, directors of admission from Anderson, Haas, Kenan-Flagler, London Business School, and Tuck, participated in a panel discussion hosted by AIGAC. In the afternoon we had a chance to speak to additional admissions directors including representatives of Michigan Ross, Georgetown, Cornell, Indiana Kelley, Haas, Anderson, Tuck, Kenan Flagler, INSEAD, and Yale. It was a wonderful learning experience for all who attended.

OK. Enough about us.

A few points of interest to you:

  • Chicago plans to release the 2009 questions in roughly two weeks. There will be changes in the questions. The PowerPoint question will return.
  • Kellogg plans to release its question in two weeks.
  • We discussed the current high interest in CSR. The panelists emphasized that interest in CSR has to be substantiated by previous behavior. They also emphasized that while idealism is wonderful, they are teaching business skills. Show that your goal requires what they teach.
  • Although HBS has made the goals essay optional and other schools may move away from it, these panelists stressed the importance of goals. While acknowledging that goals do change, they unanimously believed that direction and a good reason for pursuing an MBA are valuable. Furthermore, if you don’t know what to do after your MBA and are in “self discovery” mode, you will suffer from stimulation overload and an inability to prioritize among the many activities and recruiting events that begin as soon as classes start.
  • Christie St. John of Tuck emphasized the importance of refreshing or acquiring quant skills before you arrive on campus. The others agreed. If you haven’t had or aren’t comfortable with accounting, calculus, and statistics, take courses either at a local community college or online.
  • We asked about trends: Their response: Increased applications last year and this year.

A couple of pictures:

DSCN5872.JPG

Accepted Editors at the AIGAC Conference (from left to right) Linda Abraham, Cydney Foote, Sonia Michaels, Sachin Waikar, Tanis Kmetyk, Robbie Walker, Katherine Kidd (non-staff ), and Judy Gruen.

 

AIGAC%20Best%20Prac%20Panel

The Best Practices in Admissions Consulting Panel and Discussion with (from left to right) Jeremy Shinewald, Linda Abraham,  Anna Ivey, Chioma Isiadinso, and Maxx Duffy.

 


Additional Posts about UCLA Anderson

UCLA Anderson RSS Feed

Average 2007 GMAT: 704
Average 2007 Acceptance Rate: 23%
Average 2007 GPA: 3.6
Class Size: 360
2008 application deadlines: October 24, January 2, February 20, April 23
UCLA Anderson Admissions

UCLA Anderson MBA Application Tips

DateRatingCourse
04/20084.80Marketing
04/2008General Management
03/20084.50Marketing
02/20085.00Marketing
11/20073.50High-Tech
All Entries

DateTitle
3/28/2007UCLA Waitlist Admissions Chat with Craig Hubbell
12/21/2005 UCLA Anderson MBA with Linda Baldwin
4/7/2005 MBA Late Round Applications
9/28/2004 UCLA Anderson with Linda Baldwin
1/7/2004 International MBA Admissions Chat
12/15/2003 UCLA Anderson with Linda Baldwin
11/26/2001 UCLA with Linda Baldwin


The following editors have had clients accepted to this school:
Linda Abraham
Paul Bodine
Cindy Tokumitsu
Sheila Bender
Sonia Michaels
Judy Gruen
Cydney Foote
Tanis Kmetyk
Sachin Waikar





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