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I know that lots of you come from business backgrounds (banking, consulting, maybe even sales and marketing), so let me pull on your expertise to tell you how to get into business school.
Indulge me for a moment and think about the successful (or soon-to-be successful) Initial Public Offerings (IPOs). Groupon. Facebook. China's banks. What each of these companies shared in common was not amazing results, a proven track record, and gold-plated pedigree. No. What seduced smart, discerning investors to buy into these companies was... Their STORY.
Applying to business school is NOT about throwing stats at the admissions office and hoping something will work. Well, sure, you can do that, if you got stats that are pure gold. If you want to say you're internationally-mobile, make sure you traveled and lived in >50 countries, cos' someone else probably did. If you want to say you're really smart, don't forget your prize showing you scored the top in Math Olympiad. Athletically-inclined? Olympics gold medal please. If you have these on your resume, please hit up the stats. Every investor will be happy to invest in companies that give them lots of actual profits and return.
But most of us are not like that. Don't worry. Groupon isn't making any money either, and yet it's supposed worth billions. China's banks are laden with bad dept, yet investors are drunk on the potential of buying into China. And don't get me started on Facebook- is that worth one trillion yet?
So think about what STORY you want to write about your potential as a business superstar. How can you sell admissions officers on a vision of you as a shining success? How can you help them imagine you as the next Donald Trump or Bill Gates? Sell them that story. Sprinkle a little stats as necessary as your ingredients to this story, but always make everything work for the story.
As bankers, consultants and sales and marketing people, I know many of you are GREAT at doing this in your daily job. Now apply some of that well-honed professional skills to your own application.
As always, essays/questions/advice welcome. Send me a 站内信. Next up, I'm going to look for and maybe post my Wharton essays if people are interested. These are the actual essays I used to apply and get into business school. |
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