Business
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The application process to get into top MBA programs in the US is daunting, even more so for international students, as there is additional work required for the applicant and different acceptance conditions to navigate.
In business, finding the right price for your product is crucial. Price it too high, and few people will buy; price too low and the business leaves money on the table. But how do you determine the right price? We will explore this question with a simplified example, looking at Umbrella Corp (UCorp). Note that in this simplified case, UCorp is a ...
For anyone else like me who’s naturally a planner, you’ve probably found yourself particularly frustrated by all the wrenches thrown at you and your MBA decision processes during the pandemic. You may find yourself asking questions like:
Whether you’re interviewing for college, graduate school, or employment, you may fear being asked this open-ended question: “Tell me about yourself.” For many, this question invokes anxiety, as it’s too vague for there to be a “right way” to answer it. This can leave the interviewee scrambling to think of an impromptu good response. However, with ...
For many people, Critical Reasoning are among the toughest verbal questions on the GMAT. The Critical Reasoning arguments on the GMAT can get pretty convoluted! We are presented with a series of statements and assumptions, followed by some conclusion. Then, we are asked to either strengthen the argument, weaken the argument, or consider any ...
We have all encountered factor trees at some point during grade school. When I first encountered them as a kid, the whole exercise seemed unnecessary and silly. I thought to myself, “Great. I can list all the prime factors of 48. But, to what end?” It was not until much later that I realized the utility of prime factorizations. On an exam like the ...
Focus on one aspect of the sentence to narrow down your options. Face it. GMAT Sentence Corrections can be a little overwhelming! And, if you are like most people, you might approach a sentence correction by carefully reading through all five responses and picking the answer that “sounds best.” You may even answer many questions correctly using ...
For many people studying for the GMAT, Work/Rate/Time problems prove to be a particularly sore spot on the Quantitative Reasoning section. In this lesson, we will learn an efficient and effective way to tackle these problem types algebraically.
Questions that ask you to determine if a number is prime are ubiquitous on the GMAT. You can expect to come across at least a few on exam day, so knowing how to quickly determine a number’s “primeness” will be necessary if you’re looking to break the 700 ceiling.
Trusting your ear can get you far, but knowing some key grammar rules gets you even farther!
What are business schools really looking for?
Assessing fit within MBA schools
Excel has been a through line of my academic and professional career. It is a skill that, once mastered, helped me in many spheres of my life. I've had to help a lot of people with varying levels of Excel proficiency. In this post, we’ll talk about how to autofill formulas in Excel. If you’d like to learn about additional strategies in Excel, you ...
Should you take the GMAT or the GRE for MBA applications?
What is a cell reference? In Excel, it is when a cell derives its value based on the value of another cell. The below is a simple example of a cell reference. Note that the value in cell A3 is derived from the value in cell A1. How do you create a reference to another cell? In the cell that you want to create a cell reference, press the '=' key on ...
I’ve introduced many friends, colleagues, and students to the Goal Seek feature in Excel, and I usually get a similar reply. “Woah!” is a common exclamation; “how cool!” has come up from time to time. No matter the person, most everyone is surprised that they hadn’t heard of the tool before, and lament the fact that they hadn’t known about it ...
"Give it to me in Excel." There's a high probability that you've heard this phrase in school, at work, or from someone that needs data. Excel has made it tremendously easy to sift through data and make it more interpretable. The vast majority of users in the business world use Excel, so it pays to be well-versed in this powerful tool. During my ...
So far in our series of Casing 101 blogs, we have reviewed structuring the problem via an initial framework and navigating case math. In this edition, we will cover another problem-solving exercise that is common in case interviews: market sizing. At first, market sizing may seem daunting – how can we possibly estimate the number of televisions ...
This past weekend, I ventured back to Philadelphia. A lot was going on: the Wharton MBA reunion; the Wharton Class of 2017 graduation; and a much needed trip back to the Penn Museum. Walking through campus, seeing the familiar and iconic pit stops - Claes Oldenburg’s button, the Benjamin Franklin statue nearby, and our beloved Huntsman Hall (where ...
You’ve spent months preparing for the GMAT and writing countless essay drafts. The interviews were stressful - but only another step in a series of MBA application obstacles. At work, you check your email and phone constantly, hoping that an acceptance (and not a rejection) will arrive at any moment. It comes. You’ve been accepted to Wharton. A ...
It's fun to stand out! You’re not just any old business major: you’re an innovator. But how do you learn how to disrupt while you’re taking classes that are teaching you all the rules you need to know? Business majors can often get a bad rep for taking cookie-cutter classes that don’t prepare students for the actual business world. That’s why ...
Makes ya wanna proofread, huh? Taken your GMAT and gotten a score you like? Great. Picked the schools where you want to apply and maybe planned a campus visit or two? Awesome. Asked some people who know you well and whom you trust to write on your behalf? Brilliant. Now for the big to-do: writing the essays. You might be feeling a little ...
[Image source] If you are reading this, you likely just received an invitation to interview for the the MIT Sloan MBA program. If so, congratulations! Being offered an interview means that you should be confident that the admissions committee thinks you can truly excel academically at MIT Sloan and now it just comes down to fit. At this point, ...
Go ahead, ask him for a letter! [Image source: The Office} Letters of recommendation, those sneaky devils. Despite being a critical component of the application, a lot of prospective MBAs pay little mind to obtaining their letters of recommendation. As a b-school hopeful, you might be more concerned with taking the GMAT or crafting the perfect ...
Most business schools have a core curriculum that is heavily tilted toward quantitative subjects. Nearly all schools require graduating students to be proficient in basic finance, accounting, economics, and statistics, for example. Many MBAs often speculate that a student’s GMAT score is highly correlated with his or her GPA once at business ...
Most MBA applicants put considerable emphasis on their GMAT preparation in order to get into the best schools. Though the GMAT score is an important aspect of the application, it is just one part of a person’s overall “story” in business school admissions; a great score will not guarantee access to a great school. However, success on the GMAT has ...