Is a One-Year MBA Program Right for You?

Okay gang, let’s talk about one-year MBA programs. There’s always a lot of buzz about ‘em, whether you’re talking the J-term at Columbia, European programs, etc. They are all great programs, and having the opportunity to finish b-school in one year offers up some AMAZING opportunities for some students. After all, why spend two years getting an MBA if you can do it in one, right? Seems like a no-brainer: spend less time, less forgone salary, less money spent in …
Read More

The Tuesday Q&A: The Secrets of the MBA Interview

QUESTION: I just got invited to interview at Tuck and I’m wondering if you could tell me what, if anything, makes an MBA interview different than a job interview. I’m confident in my abilities to talk in an interview, but I’m just not sure about this interview. Are there any secrets? ANSWER: Congrats on the interview, man. Exciting news. And yeah, if you’ve held a job before, I’m sure you know a thing or two about interviews. You got the …
Read More

Does an MBA Still Matter? Yyyyup.

There’s been a lot of talk recently about the value of an MBA. With the global economy in the crapper, people getting laid off from their jobs every day, and things not looking like they’re going to get any better any time soon, many people out there wonder if it makes sense to fork over $200,000 (and potentially give up 2 years of income) for an MBA.  And yeah, there are very legitimate reasons not to pursue b-school. Trust me, we …
Read More

Making a Case (or 5!) for European MBA Programs

Not sure if you’re aware, but there are b-schools outside of the US, friends. And good ones, at that! Programs that are absolutely worth lookin’ into. In fact, for many of you, European MBA programs might even be better than the typical 2-year MBA programs we have here in the states (especially this late in the application game). Why? I’ll give you 5 great reasons: 1) Admissions Can Be Less Competitive (in Some Ways) Look at the stats, my friends. …
Read More

Late-Season Applications and PE’s Biggest Discount EVER

At this point in the MBA application season, things have started to settle down a bit. The madness that was Round 1 and Round 2 deadlines has passed, and now everyone (from our team here at PE HQ to all of you) has a moment to sit back and breathe. And it feels goooood, right? So what now? For many of you, life becomes a game of waiting/constantly checking your email for any sort of update from your target schools. …
Read More

MBA News You Can Use: An MBA is (Still) a Valuable Thing

Round 2 deadlines are coming to a close and that means two things: You can finally get a full 8 hours of sleep again. You can finally think about more than Stanford’s ‘What matters most and why.” Exciting, right? Now you have time to think about the value of that MBA you covet, how to make the most of your time at b-school, the secrets of some of the world’s most successful businessmen and women, how to handle Round 3, …
Read More

Wharton Shakes up the Interview Process. What Does This Mean For You?

Unless you’re living in a cave (or, more likely, the MBA application-writing black hole), you heard about Wharton’s big move away from using alum to conduct admissions interviews. And it was some big news. The kind of news that shook the MBA world to its core. The entire internet blew up: Why would they do that? What does the interview process look like now? What does this mean for applicants? Frankly, we at PE HQ aren’t that surprised. With the …
Read More

The Art of the Round 3 Application — Register Now!

Round two is nearly over and for many of you that means it’s time to kick back… and wait (impatiently) for interview invitations and acceptance letters. For others, however, the work has just begun. Yyyyep, there’s still one more legit round of admissions left for those US Business Schools. And it’s a doozy. Round three is notoriously difficult. After accepting students for months and months, there aren’t many spots left. And that means you have to work that much harder …
Read More

MBA News You Can Use: It’s a Good Time to Have an MBA

Happy Holidays, folks! Yeah, hard to believe the holiday season is already here. And it’s hard to enjoy it slaving at the computer until the wee hours of the night while your friends and family sleep in, eat lots of cookies, and then sleep some more. But while it doesn’t seem like it right now, it will aaaaall be worth it in the end. Promise. So give yourself a break, kick back with some holiday treats and brush up on the …
Read More

MBA News You Can Use: The Keys to Success in Round 2

Between Round 1 invites and Round 2 deadlines, things are getting’ crazy. When you’re not willing the phone to ring to get good news on your Round 1 apps, you’re huddled over your computer trying to figure out what on earth to write about for Round 2. And with only 3 weeks left to go, that’s… a lot. [Anyone else out there living solely on candy bars and coffee?] There are so many things to think about: How do you …
Read More

5 Things I Learned in Business School

I spent 2 years and more money than I’d like to think about at HBS. And in that time, I learned a LOT about business. But I also learned a lot more, both inside and outside of the classroom. And it is that stuff, the non-business stuff, which has really done the most for me in my post-MBA life. In a time when the economy is in a downswing, companies aren’t hiring, and millions of people around the world are …
Read More

MBA News You Can Use: The Subconscious and B-School Admissions

The role of the subconscious in b-school admissions, studying abroad, dual-degrees, and changing the world — it’s all big news in the MBA world this week and we’ve got it all covered right here. “Blink” in MBA Essays, Resumes, Interviews, and Emails to Adcoms Even though you might think admissions officers are only judging you based on your application and your overly rehearsed interview answers, they’re also judging you on things you can’t control. Follow these tips to make sure you impress both their professional …
Read More

PE Stops Taking New Clients December 16! Last Chance to Save…

Every year, in order to keep the quality of our work so high, Precision Essay closes its doors to new clients prior to the “end” of the season.  And that time has come. Starting December 16, Precision Essay will no longer accept new clients. We will NEVER be a factory-style shop, crunching out thousands of reduced-quality apps when deadlines hit.  We don’t have any interest in taking on more clients than we can handle…in our high-end, boutique style. So what does it …
Read More

MBA News You Can Use: The New GMAT Is Coming…

The new and improved GMAT is out, Americans are heading abroad for b-school, and one post-MBA proves b-school is worth the money and time. Yes, this week we learn that it’s a good time to get an MBA… Asia’s Best Business Schools Beckon You If this isn’t a sign of the times, folks, we don’t know what is. While international students dream of studying and working in America… it seems American students are following the global economy and applying to …
Read More

The Tuesday Q&A: The Toughest of all Interview Questions

QUESTION: What are you supposed to say when an interviewer asks you what other schools you’re applying to/interviewing at? Should you be honest? What if those schools aren’t ranked as high? Can you somehow dodge this question? ANSWER: This is one of the toughest questions to answer, for sure.  But there is a GREAT strategy to it.  Check it out: On the one hand, you won’t wanna tell the interviewer that you’re looking at a bunch of places that are …
Read More

Big Changes at HBS

For generations, Harvard has been the first school everyone thinks when they hear the word “university.” Ranked #1 by practically every guide/magazine/website out there, it’s safe to say Harvard is one of the best schools in the world. And, of course, it’s the same for HBS. Harvard Business School is easily the most highly sought after MBA program in the world, regardless of the fierce competition and high application standards. And of course it is – it’s a world-renowned MBA …
Read More

MBA News You Can Use: GMAT Scores are Falling

Worried about your GMAT score? Still not sure what schools to target this year? Wondering what those adcoms really look for? Concerned about graduating into this less-than-stellar economy? You’ve come to the right place, folks. We’ve got all that information and more in this week’s MBA news round up: GMAT Scores Slip at Many Top Schools MIT and Kellogg are reporting 10-point drops in medians. And other schools are saying the same. So where does your GMAT score stack up? …
Read More

5 MBA Scholarships You’ve Never Heard Of

While an MBA is invaluable, it’s also expensive. Very expensive. And it’s expensive before you even get in. From the GMAT prep courses to the campus visits to the application fees, going for an MBA is often synonymous with going for broke. And yeah, you’ll make more money with an MBA and eventually be able to pay off your debt… but that doesn’t necessarily make b-school tuition (plus cost of living!) any less daunting. But what many MBA applicants don’t …
Read More

MBA News You Can Use: What’s Your MBA Worth?

You’re about to drop $200,000 on your MBA… in this economy. Is it worth it? How will you pay it off? Is there a light at the end of the b-school tunnel? A job offer? A business opportunity? Geez, can you even compete with all the other qualified applicants to get accepted? Those seem to be the thoughts on everyone’s minds this week. And we’ve got all the facts and more in this week’s MBA round-up. Gauging the Value of …
Read More

The PE Guide to MBA Fairs

Ah. The MBA Fair. The biggest thing to happen to MBA admissions since…erm… the application. Haven’t been to one yet? You should really consider it. They’re not that hard to find, after all. Top MBA and The MBA Tour hold them all around the world, but if you’re too busy to put on business casual attire and attend, The Economist has even put their MBA Tour online! The concept is always the same: admissions officers from business schools all over …
Read More

MBA News You Can Use: Playing The Admissions Waiting Game

The world of graduate schools, employment, and opportunity is constantly changing, which is why it’s even more important for applicants and students alike to be on top of all the latest news. We know you’re busy, so we’ve compiled a list of all the biggest and most relevant stories in the MBA world this week to keep you informed and a few steps ahead of the competition. B-School Admissions Waiting Game If all the success stories and acceptance letters on …
Read More

The MBA Dual Degree – So Hot Right Now

Earning an MBA is a nearly foolproof way to ensure future success, but with the global economy taking a major beating, the job market is more competitive than ever. Even with an MBA. So…what? You just forget about it and keep doin’ what you’re doin? Never. Instead, think outside the MBA box a bit and consider something more…specialized. Yes, my friends, I’m talking about a dual degree. These programs are popping up all over the world, and for good reason. …
Read More

3 Things to Consider When Choosing a B-School

So, you got accepted into more than one b-school and now you don’t know what to do. It’s a good problem to have – probably the best one you can have – but a problem nonetheless. Which do you choose? And how do you make that decision? Well, you can flip a coin… or consult a psychic….or take these 3 criteria into account and make a smart, informed decision: Brand Name/Reputation. In the world of business, NOTHING is more important …
Read More

MBA News You Can Use: B-School Doesn’t Teach You Everything

The world of graduate schools, employment, and opportunity is constantly changing, which is why it’s even more important for applicants and students alike to be on top of all the latest news. We know you’re busy, so we’ve compiled a list of all the biggest and most relevant stories in the MBA world this week to keep you informed and a few steps ahead of the competition. The 5 Things in Business College Can’t Teach You A fancy (and pricey!) …
Read More

A Cleaner, Healthier Future: The World of Green MBAs

For the past ten years or so, the world has become a whole lot greener (even if we have a long way to go….). The global “green” movement has completely transformed and revamped the environment, technology, economy, and most importantly, the job market. The amount of paid, full-time positions in the green energy industry has skyrocketed in the past decade and spans a wide range of careers from electricians, to accountants, to business professionals. Looks like the green movement isn’t …
Read More

Fewer Applicants: A Blessing or a Curse?

If you’ve been stressing out over your quickly-approaching application deadlines, today is your lucky day. You can finally take a moment to put down your red editing pen, close your GMAT prep book, and take a nice, deep breath (or a nap) because this year, you’ve got a lot less competition to get in to the b-school of your choice. According to a survey by the Graduate Management Admission Council (GMAC), 2/3 of the full-time MBA programs saw a major …
Read More

Is the GRE the New GMAT?

There are two things MBA applicants have always dreaded: the GMAT exam and the mountain of debt they’ll be paying off for the next 20 years. Although both aspects were once thought to be inevitable in the MBA process, we’ve found a little loophole that may make things a whole lot easier. Unfortunately, it has nothing to do with the debt issue (but with that post-MBA salary, that shouldn’t be too bad….right?) But it does involve the GMAT. More specifically, avoiding …
Read More

The Tuesday Q&A: Choosing Stories for Your LORs

QUESTION: When I am discussing my LOR with my recommender, is it a smart move to have him or her include one of the stories from my essays? Or should I just let him or her do their own thing and discuss completely different stories so the adcom knows more about my background and accomplishments? ANSWER: The short answer here: Yes, you should be sure that your Letter of Recommendation does talk about much of the stuff that is in your application. …
Read More

Get Connected: The B-School Blog Directory

With b-school applications comes deadlines (lots and lots of deadlines), application tips, standardized tests, and stress. While it may seem like you’re getting more information than you need (or can handle), the truth is that you can never be too informed when it comes to getting admitted into the MBA program of your dreams. Staying up to date on the program’s offerings, the administrative staff, and the latest updates to the application process is absolutely essential to your success… and …
Read More

The Tuesday Q&A: How Important is a Campus Visit?

Got a question about those MBA applications? Stuck on an essay? Need a little clarity? Chances are, you’re not the only one. Thankfully, Precision Essay founder and Harvard MBA Jon Frank has an answer… for everything admissions-related. And he’s going to share all of his answers with you, right here, every Tuesday. And on this lovely September Tuesday, let’s discuss campus visits. Should you? Shouldn’t you? Why or why not?  QUESTION: I heard it could be helpful to impress the adcom …
Read More

The MBA Interview: A Guide

While the application requirements for every MBA program are different, the MBA interviews are not. No matter where you go or who you speak to, there’s not much variation in the questions they’ll ask and the responses they’re hoping for. And after spending countless hours writing and editing and re-writing all those essays, that’s a very, very good thing. Less work for you, right? So how does one ace an MBA interview, wow the interviewer and guarantee admission into their …
Read More

European MBA Programs

Let’s all give two quick woot-woots for Europe. Who doesn’t enjoy chasing a lovely, buttery snail or two with a swig of Chateauneuf du Pape? Spending winter vacations swishing down the Alps, the summers coasting around the rock of Gibraltar after a quick visit to the Alhambra? Say what you will, but Europe gave the world Da Vinci, Pizza, Radiohead, and Sophie Marceau. [Please respect this.] These days, with the struggling American economy and US banks losing favor, Europe is …
Read More

From the Founders: Who Are Business School Professors?

Friends, There seems to be a bit of mystery around who the PROFESSORS are at top b-schools. Everyone (who follows our blog, anyway) has a pretty good sense for who the student peers will be, and even met some alums from time to time. But who are the guys who are actually TEACHING your classes? Who are b-school professors? Well, let’s get into it. It’s actually a neat question. You will have a few different types of professors standing in …
Read More

Start-ups? That’s soooo 1998!

With a name like BR Incubator (BRI) you’re not sure if it’s little baby hamsters that are being incubated or turtle eggs. But alas, what’s being cultivated at Johnson’s BR Incubator is cute furry business-ideas, usually small businesses with a plan – businesses that need better positioning and better pricing, to understand the best way to expand or to make an impact. We love this idea of incubation, of helping along those business ideas in perhaps the most delicate moments …
Read More

INSEAD’s Your First Hundred Days (YFCD)

It’s new and improved. The First hundred Days is not only for presidents, but also for MBA candidates. Although the INSEAD program has one of the most awkward acronym’s we’ve seen in a long time (it reminds us of a three-legged dog with banana peels for legs), the program itself is smooth as silk, and seems like a wonderful idea that is truly part and parcel of INSEAD’s entrepreneurial outlook. You are in the corner office on the 57th floor …
Read More

Haas@Work

Even cooler than the trendy, wired “@” symbol that Haas uses to name the program, is the way it will allow you to integrate your (admittedly sometimes pointless-seeming) theoretical studies and apply them to real-world business challenges that you can really sink your teeth into. Many mega-ultra-huge-name “Oh-how-I-wish-I-worked-for-you” companies (Visa, Panasonic, Wells Fargo, Cisco Systems, The Walt Disney Company, etc.) have already participated in Haas’s innovative Haas@Work program. Students get excited about working @ the companies for the obvious reasons …
Read More

UCLA – Knapp Crackle Pop

Let’s talk about Anderson’s Venture Competition. Run by the Price Center for Entrepreneurial Studies since 1982 (Yes, 1982, the very same year in which sweatbands became a fashion statement, and The Eye of the Tiger was a number one hit) the student-run Knapp Venture Competition is one of those great hands-on learn-while-doing and even-get-some-money-for-it initiatives that as an entrepreneur, you are sure to love. The idea is simple: simulate the process of starting and evaluating an entrepreneurial enterprise so that …
Read More

Over the Hill?

We get this question a lot: “Am I too old?” And it’s a good one. Technically speaking, there is no such thing as too old, and there are of course exceptions to every case, but it is definitely something you should consider when applying to Business Schools. Make it a part of your strategy. Harvard is trending younger (mean age – 26), the ripe old age of thirty-three doesn’t mean you wont get in, but it DOES mean that you …
Read More

Ants in the pants?

Going stir crazy? Your fingers and toes keep tapping away, and you check your schools website ten times a day to see if they have released the questions yet? Or have any updates on your status? Want to get a start on your MBA application but don’t know what to do with yourself? As I’m sure you know by now both Harvard, Columbia, Duke, Wharton and scores of others have released their questions for the 2011 September intake. But if …
Read More

Don’t be a Schmuck

Yep, that’s today’s advice. Straight from the mouth of many a New York Rabbi. For those of you who haven’t spent large significant parts of your lives in New York, and don’t yet know what a schmuck is, basically it’s a fancier, more fun way of saying “Don’t be a fool,” (seriously, it’s actually fun to say). Simple, clean, crisp advice. Put differently, Precision Essay-style, here are 5 ways to avoid being a Schmuck: 1) DON’T tell the school something …
Read More