Mba Business

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Advice for international students pursuing an MBA in the US
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. 
How to determine the optimal price of a product as a monopolist
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 ...
So what’s the deal with the virtual GMAT?
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:
How to answer the “Tell Me About Yourself” question during interviews
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 ...
GMAT Critical Reasoning questions: know your conclusion
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 ...
The power of the prime factorization for the GMAT quantitative section
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 ...
For GMAT Sentence Correction questions, consider the subject/verb relationship
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 ...
Work/Rate/Time Problems on the GMAT
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.
How to Methodically Crack Tough “Primeness” Questions on the GMAT
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.
GMAT Tip: Look for Dangling Modifiers!
Trusting your ear can get you far, but knowing some key grammar rules gets you even farther!
Traditional vs non-traditional MBA candidates
What are business schools really looking for?
How do I autofill formulas in Excel?
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 ...
Business School Admissions: GRE vs GMAT?
Should you take the GMAT or the GRE for MBA applications?
Making spreadsheets “dynamic” with cell referencing in Excel
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 ...
Solving tough algebra problems with Excel’s Goal Seek feature
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 ...
4 Excel Quick Tips to Navigate Data Faster
"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 ...
GMAT or LSAT? A JD/MBA candidate's perspective on the exams
I had the honor of taking both the GMAT and LSAT. Many students have asked how I decided between business and law schools. I view business school as a leadership degree and law school as a degree that trains you to be an attorney. Are two degrees better than one? Maybe, but maybe not. If you want to pursue JD/MBA degrees simultaneously, each ...
Best Practices for Market Sizing for Case Interviews: Part 3
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 ...
An Insider's Look at an MBA at Wharton
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 ...
How to Choose an MBA Program Once You've Been Admitted
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 ...
How Can I Stand Out As a Business Major? Creative Writing!
  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 ...
Does the GMAT Integrated Reasoning section really matter?
The short answer?  Yes and No.  It depends on what types of school you’d like to be admitted to, how much time you have to study for the exam, and what you want to do after business school.  That said, the GMAT Integrated Reasoning section is definitely not as important as the Quantitative and Verbal sections of the exam.
Tips for Writing Your MBA Essay
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 ...
MIT Sloan Interview Preparation: The Behavioral Event-Based Interview (BEI) Decoded
[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, ...
Guide to Your MBA Recommendation Letters
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 ...
Does success on the GMAT predict success in MBA classes?
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 ...
Business School Admissions: A Great GMAT Score Pays Dividends
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 ...