To add on from JK's posting, here is the summary of the top 10 US and Global MBAs, with 2008 ranking in parentheses.
Global Top 10 MBAs
1. University of Pennsylvania: Wharton (1)
1. London Business School (2)
3. Harvard Business School (5)
4. Columbia Business School (3)
5. Insead (6)
6. Stanford University GSB (4)
6. IE Business School (8)
8. CEIBS (11)
9. MIT: Sloan (7)
10. New York University: Stern (13)
US Top 10 MBAs
1. University of Pennsylvania: Wharton (1)
2. Harvard Business School (5)
3. Columbia Business School (3)
4. Stanford University GSB (4)
5. MIT: Sloan (7)
6. New York University: Stern (13)
7. University of Chicago: Booth (9)
8. Dartmouth College: Tuck (15)
9. Yale School of Management (16)
10. Northwestern University: Kellogg (24)
Click here for other rankings.
Jimmy Low
Thursday, January 29, 2009
Monday, January 26, 2009
Latest FT B-School Ranking
The Financial Times has released its latest B-School ranking and for 2009, it's great news for European and Asian schools. Notable mentions include LBS sharing the top spot with Wharton and an Asian school breaking into the top 10 for the very first time.
The FT rankings places greater weightage on salary (adjusted for purchasing power parity) and 'internationalism'.
Perhaps there is a slight anglo centric bias with FT?
;)
p/s it'll be quite interesting to look at future rankings once the fall in pound, euro and the gradual rise in Asian currencies start affecting the survey results
Click here to find out more!
The FT rankings places greater weightage on salary (adjusted for purchasing power parity) and 'internationalism'.
Perhaps there is a slight anglo centric bias with FT?
;)
p/s it'll be quite interesting to look at future rankings once the fall in pound, euro and the gradual rise in Asian currencies start affecting the survey results
Click here to find out more!
Thursday, January 22, 2009
GONG XI FA CAI from GMAT Malaysia!
We wish you a Happy and Prosperous BULLish
year ahead. Whatever your GMAT score or MBA
dream is, believe in yourself
and you can achieve it!
BULL-eh!
From
All of us at GMAT Malaysia
Wednesday, January 7, 2009
Head-To-Head Analysis: Veritas Prep versus Manhattan GMAT
Head-To-Head Analysis: Veritas Prep versus Manhattan GMAT
For people looking at which GMAT courses to take, many seem to debate between Veritas Prep or Manhattan GMAT. Both programs seem to have great offerings on their websites and both contend that the only way to really decide which program has the advantage is to take both courses and decide for themselves.
Continue reading http://tmmycgmat.blogspot.com/2008/04/head-to-head-analysis-veritas-prep.html
For people looking at which GMAT courses to take, many seem to debate between Veritas Prep or Manhattan GMAT. Both programs seem to have great offerings on their websites and both contend that the only way to really decide which program has the advantage is to take both courses and decide for themselves.
Continue reading http://tmmycgmat.blogspot.com/2008/04/head-to-head-analysis-veritas-prep.html
Monday, January 5, 2009
Thursday, December 25, 2008
Interviews!!
Q. What comes after GMAT and application essays?
A. Interviews!!
Some schools interview all applicants who apply while others screen through the application packages and invite applicants for an interview. All good schools interview admitted students though so if you are aiming for the top 100 schools you will probably have to face the ad com.
Getting an interview invite indicates that the school is interested enough in you for the ad com to invest time and money to interview you. That's great news!
An interview though isn't a make or break deal. Often times, a good interview isn't a guarantee that an admit will be forthcoming. Likewise, if your nerves were all over the place during the interview, don't lose hope! Most of the time, schools look at the entire application package and the competitiveness of the next intake before making a decision.
An MBA admissions interview is like any other job interview. You need to prepare for it and thankfully, the internet is a tome of information for those who are interested in big US and European schools. One very useful resource is ClearAdmit's blog. You can also surf through forums (PagalGuy and GMATClub are very supportive and active communities) and plow through every Google result.
Besides the online resources above, here are some of my observations and strategies:-
Happy holidays :)
A. Interviews!!
Some schools interview all applicants who apply while others screen through the application packages and invite applicants for an interview. All good schools interview admitted students though so if you are aiming for the top 100 schools you will probably have to face the ad com.
Getting an interview invite indicates that the school is interested enough in you for the ad com to invest time and money to interview you. That's great news!
An interview though isn't a make or break deal. Often times, a good interview isn't a guarantee that an admit will be forthcoming. Likewise, if your nerves were all over the place during the interview, don't lose hope! Most of the time, schools look at the entire application package and the competitiveness of the next intake before making a decision.
An MBA admissions interview is like any other job interview. You need to prepare for it and thankfully, the internet is a tome of information for those who are interested in big US and European schools. One very useful resource is ClearAdmit's blog. You can also surf through forums (PagalGuy and GMATClub are very supportive and active communities) and plow through every Google result.
Besides the online resources above, here are some of my observations and strategies:-
- Prepare yourself for the interview by selecting a few 'experiences' that you have and weave a theme around those experience (e.g. led new team, leadership; restructured IT policies, conflict resolution; etc.)
- Understand the school's culture. If the school is big on leadership, expect to have some questions. If it's internationalism or diversity, highlight any 'cross cultural' work you've done.
- Read the school brochure, talk to their marketing people, hit every link on the school's website. The worse thing that you can do is to turn up for the interview and know zilch about the school.
- Be clear on your goals and why you want to do the MBA now.
- Prepare a short informal introduction of yourself
- Be prepared to address any gaps in your application (low undergrad scores, frequent career change etc.)
- Lastly, stay calm and tell yourself it's a conversation where both parties are mutually engaged.
Happy holidays :)
Wednesday, December 24, 2008
Part 1: Tackling Quant Questions
Some members asked me what's "best" way to tackle GMAT quantitative questions. Well, I don't have the "best" answer but I have approached quant questions from different angles during my study and came out with one that suits me. You can give it a try and see if it suits you (always find an approach that you will be comfortable with).
In earlier blog, I wrote about "2-4-6" rule. I am sure someone might have invented this but let's say I gave it a name. Let's recap this rule: 2 minutes per quant question, 4 steps for "easy" question and 6 steps for "hard" question.
Now, we take this rule a few steps further. My approach to quant questions as follow:
1. When you read the stimulus and question stem, immediately take note of the topic(s) and sub-topic(s) you are being tested on. Yes, at times, especially "harder" questions, you are being tested on two or more topics or sub-topics. Therefore, your ability to syntisize the questions and pull them together helps a lot.
You might be asking what I do mean by "topic" or "sub-topic". GMAT Malaysia is using ManhattanGMAT Prep books as our guides; thus, you will find the structures in their books. As you study, you should build into yourself the principles and rules covered in each sub-topic.
2. Once you know what is being tested, immediately you should recall the principles and rules.
3. Now, apply those principles and rules to answer the question stem. Is it about Prime Factorisation? What do I need to know about prime numbers? What are prime numbers?
4. Most of time, the stimulus is in 2-3 sentences. Convert them into algebraic equation(s). This is what GMATters call "rephrasing".
5. Once you do this, you can see what the question is actually asking and at times, the answer just pops right in front of your face.
6. Look for the answer. At times, the answer is in another form e.g. in the form of inequalities. In this case, you think to know the rules of inequalities.
Okay, so much talk, show me the action. Here is one question from Official Guide (11th Edition):
PS Q26: If the quotient a/b is positive, which of the following must be true?
(A) a > 0
(B) b > 0
(C) ab > 0
(D) a-b > 0
(E) a+b > 0
This question is testing you on Positive/Negative Values and Divisibility but the answer choices are given in form of Inequalities.
When you rephrasing this question, value (a/b) being greater than 0. For a/b to be greater than 0, both a and b must be positive or negative. Either one cannot be negative, or the stimulus will not be true (in this case, the stimulus is a/b > 0).
Let's examine each answer choice.
(A) a > 0, but says nothing about b. Not determinable.
(B) b > 0, and like answer choice (A), says nothing about a. Not determinable.
(C) For a * b > 0, a and b must be positive or negative AND neither one can be negative. This is what we are looking for when we analyse the stimulus. Correct
(D) a - b > 0. If a is positive, then b must be smaller than a such that will still result in a - b as a positive number. Or, a can be negative and b can be negative such that the b is greater than a. Too many possibilities, not sure what values a and b could be. Not determinable.
(E) a + b > 0. If both a and b are positive, then this is correct. If a and b are negative, then this is incorrect. Or, either a or b is negative, then it dependable on which value is smaller negative value. Again, not determinable.
What I have done in analyzing and breaking down the stimulus is restating the stimulus into these two conditions:
i. For a/b to be greater than 0, both a and b must be positive or negative.
ii. Either one (a or b) cannot be negative, or the stimulus will not be true
And, answer choice (C) met these two conditions.
Get yourself into this regime and soon you will ace in both problem solving and data sufficiency questions.
Jimmy Low
In earlier blog, I wrote about "2-4-6" rule. I am sure someone might have invented this but let's say I gave it a name. Let's recap this rule: 2 minutes per quant question, 4 steps for "easy" question and 6 steps for "hard" question.
Now, we take this rule a few steps further. My approach to quant questions as follow:
1. When you read the stimulus and question stem, immediately take note of the topic(s) and sub-topic(s) you are being tested on. Yes, at times, especially "harder" questions, you are being tested on two or more topics or sub-topics. Therefore, your ability to syntisize the questions and pull them together helps a lot.
You might be asking what I do mean by "topic" or "sub-topic". GMAT Malaysia is using ManhattanGMAT Prep books as our guides; thus, you will find the structures in their books. As you study, you should build into yourself the principles and rules covered in each sub-topic.
2. Once you know what is being tested, immediately you should recall the principles and rules.
3. Now, apply those principles and rules to answer the question stem. Is it about Prime Factorisation? What do I need to know about prime numbers? What are prime numbers?
4. Most of time, the stimulus is in 2-3 sentences. Convert them into algebraic equation(s). This is what GMATters call "rephrasing".
5. Once you do this, you can see what the question is actually asking and at times, the answer just pops right in front of your face.
6. Look for the answer. At times, the answer is in another form e.g. in the form of inequalities. In this case, you think to know the rules of inequalities.
Okay, so much talk, show me the action. Here is one question from Official Guide (11th Edition):
PS Q26: If the quotient a/b is positive, which of the following must be true?
(A) a > 0
(B) b > 0
(C) ab > 0
(D) a-b > 0
(E) a+b > 0
This question is testing you on Positive/Negative Values and Divisibility but the answer choices are given in form of Inequalities.
When you rephrasing this question, value (a/b) being greater than 0. For a/b to be greater than 0, both a and b must be positive or negative. Either one cannot be negative, or the stimulus will not be true (in this case, the stimulus is a/b > 0).
Let's examine each answer choice.
(A) a > 0, but says nothing about b. Not determinable.
(B) b > 0, and like answer choice (A), says nothing about a. Not determinable.
(C) For a * b > 0, a and b must be positive or negative AND neither one can be negative. This is what we are looking for when we analyse the stimulus. Correct
(D) a - b > 0. If a is positive, then b must be smaller than a such that will still result in a - b as a positive number. Or, a can be negative and b can be negative such that the b is greater than a. Too many possibilities, not sure what values a and b could be. Not determinable.
(E) a + b > 0. If both a and b are positive, then this is correct. If a and b are negative, then this is incorrect. Or, either a or b is negative, then it dependable on which value is smaller negative value. Again, not determinable.
What I have done in analyzing and breaking down the stimulus is restating the stimulus into these two conditions:
i. For a/b to be greater than 0, both a and b must be positive or negative.
ii. Either one (a or b) cannot be negative, or the stimulus will not be true
And, answer choice (C) met these two conditions.
Get yourself into this regime and soon you will ace in both problem solving and data sufficiency questions.
Jimmy Low
Friday, December 19, 2008
Thursday, December 18, 2008
Feedback Welcomed
Sorry we don't have a proper guestbook. We appreciate any comments about this blog. Post them here.
Hope to hear from you.
Jimmy, Jin Keat and Soon Chern
Hope to hear from you.
Jimmy, Jin Keat and Soon Chern
Monday, December 8, 2008
3-Year Bachelor Degree Holders, Take Note!
In my recent MBA application experience, I was notified that I was not qualified to apply by virtue of my Australian 3-year bachelor's degree; nevermind that I have 12 years working experience on my back. In fact, some of the US schools require you to complete 4 years of study which they equate to their US 4-year degree.
Many Malaysians completed our twinning (2+1, 1+2) or distance learning/external program (3+0) from Australian, New Zealand or British universities. The Australian and New Zealand bachelor's degree are typically a 3-year study. To do a 4th year, you must do the Honors Year which is by invitation of the faculty. British bachelor's degree are 3-year study with honors.
After this experience, I hope MBA aspirants will take note of their undergraduate degree and particular attention to the admission requirements especially where the international undergraduate degree is concerned.
I have complied a list of Top 10 International and Top 10 US Business Schools based on FT 2008 MBA Ranking:
Business Schools that Accept International 3-Year Bachelor's Degree:
University of Pennsylvania: Wharton [1]
Columbia Business School (case-by-case basis) [2]
Stanford Graduate School of Business (UK bachelor's degree with honors [3])
Northwestern University: Kellogg School of Management [4]
Dartmouth College: Tuck School of Business [5]
New York University: Stern School of Business [8]
Yale School of Management (case-by-case basis) [9]
INSEAD [10]
University of Cambridge: Judge Business School [11]
Business Schools that Do Not Accept International 3-Year Bachelor's Degree:
University of Michigan: Ross School of Business [6]
University of Chicago: Chicago Graduate School of Business [7]
Harvard and MIT do not specify the years of study for your non-US bachelor's degree but they demand excellent academic performance. Please check with the respective admission office.
For other business schools, please write to the Admission Office or check their Frequently Asked Questions. Do not be caught off guard when you are about to submit or finding out after you have submitted.
Best of luck!
Jimmy Low
Notes
[1] http://www.wharton.upenn.edu/mba/admissions/faqs/index.cfm#Q10
[2] http://www4.gsb.columbia.edu/mba/learnmore/faqs#1
[3] http://www.gsb.stanford.edu/mba/admission/application_requirements.html. For Australia/New Zealand bachelor's degree, please write to Stanford Admission Office
[4] http://www.kellogg.northwestern.edu/Programs/FullTimeMBA/FAQs.aspx
[5] http://www.tuck.dartmouth.edu/admissions/faqs/index.html
[6] http://www.bus.umich.edu/Admissions/Mba/MbaFaqs/Applying.htm. Although FAQs stated India 3-year bachelor's degree, UK, Australia, New Zealand and Asia 3-year bachelor's degrees do not qualify for admission to Ross MBA/GMBA.
[7] http://www.chicagogsb.edu/fulltime/faq/index.aspx#in1
[8] http://w4.stern.nyu.edu/admissions/fulltime/applyingtostern.cfm?doc_id=100346#Recommended_Degrees
[9] http://mba.yale.edu/MBA/admissions/apply/faq.shtml#INTERNATIONAL
[10] http://www.insead.edu/mba/meet_us/FAQs-AdmissionsGeneral.cfm#no_degree
[11] http://www.jbs.cam.ac.uk/mba/apply/requirements.html
Many Malaysians completed our twinning (2+1, 1+2) or distance learning/external program (3+0) from Australian, New Zealand or British universities. The Australian and New Zealand bachelor's degree are typically a 3-year study. To do a 4th year, you must do the Honors Year which is by invitation of the faculty. British bachelor's degree are 3-year study with honors.
After this experience, I hope MBA aspirants will take note of their undergraduate degree and particular attention to the admission requirements especially where the international undergraduate degree is concerned.
I have complied a list of Top 10 International and Top 10 US Business Schools based on FT 2008 MBA Ranking:
Business Schools that Accept International 3-Year Bachelor's Degree:
University of Pennsylvania: Wharton [1]
Columbia Business School (case-by-case basis) [2]
Stanford Graduate School of Business (UK bachelor's degree with honors [3])
Northwestern University: Kellogg School of Management [4]
Dartmouth College: Tuck School of Business [5]
New York University: Stern School of Business [8]
Yale School of Management (case-by-case basis) [9]
INSEAD [10]
University of Cambridge: Judge Business School [11]
Business Schools that Do Not Accept International 3-Year Bachelor's Degree:
University of Michigan: Ross School of Business [6]
University of Chicago: Chicago Graduate School of Business [7]
Harvard and MIT do not specify the years of study for your non-US bachelor's degree but they demand excellent academic performance. Please check with the respective admission office.
For other business schools, please write to the Admission Office or check their Frequently Asked Questions. Do not be caught off guard when you are about to submit or finding out after you have submitted.
Best of luck!
Jimmy Low
Notes
[1] http://www.wharton.upenn.edu/mba/admissions/faqs/index.cfm#Q10
[2] http://www4.gsb.columbia.edu/mba/learnmore/faqs#1
[3] http://www.gsb.stanford.edu/mba/admission/application_requirements.html. For Australia/New Zealand bachelor's degree, please write to Stanford Admission Office
[4] http://www.kellogg.northwestern.edu/Programs/FullTimeMBA/FAQs.aspx
[5] http://www.tuck.dartmouth.edu/admissions/faqs/index.html
[6] http://www.bus.umich.edu/Admissions/Mba/MbaFaqs/Applying.htm. Although FAQs stated India 3-year bachelor's degree, UK, Australia, New Zealand and Asia 3-year bachelor's degrees do not qualify for admission to Ross MBA/GMBA.
[7] http://www.chicagogsb.edu/fulltime/faq/index.aspx#in1
[8] http://w4.stern.nyu.edu/admissions/fulltime/applyingtostern.cfm?doc_id=100346#Recommended_Degrees
[9] http://mba.yale.edu/MBA/admissions/apply/faq.shtml#INTERNATIONAL
[10] http://www.insead.edu/mba/meet_us/FAQs-AdmissionsGeneral.cfm#no_degree
[11] http://www.jbs.cam.ac.uk/mba/apply/requirements.html
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