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September 2010 Archives

15 September 2010

A. Barry Rand, MBA '73 at the helm of AARP

A. Barry Rand, MBA 1973

Here's a great story about A. Barry Rand, MBA Class of 1973, who took the helm of AARP last year.

Rand has an impressive history of leading social change at companies such as Xerox and Avis and became one of the first African-Americans to run a Fortune 500 company.

At AARP, Rand aims to influence a politicized nation on the rights of people as they age.

Read the story by Rick Schmitt...

20 September 2010

Working on your application? Here are some tips on avoiding common mistakes...

With the application deadline for Round 1 coming up soon (06 October 2010) we thought we'd share the top 12 mistakes applicants make on their applications, so you can avoid them:

1. Uploading a transcript that is illegible.
Review the uploaded transcript to make sure it is readable. If it's not, use the self-reported transcript instead.

2. Waiting until the deadline date to upload your transcripts.
As mentioned in #1, if your transcripts are not readable you need to switch to the self-reported transcript. This is a time-consuming task and best done well before the deadline day.

3. Uploading the wrong documents by mistake.
Take care to upload the correct files. We've seen everything from sensitive employment documents to marked-up drafts of essays.

4. Not calculating the number of months of work experience correctly.
We want to know the number of months (not years) of full-time work experience since you graduated from your undergraduate college or university that you will have as of September 1, 2011. Include business, career military, teaching, government, and non-profit experience, but do NOT include internships, summer jobs, compulsory military, or part-time jobs. If you are a college senior, enter zero.

5. Using the "Additional Information" section for additional essays (maybe even essays you wrote for other schools).
The Additional Information section is meant for short explanations (for example, a failing grade), overflow on sections from the application (for example, your work history not fitting in the Employment section), or additional required documents (for example, proof of financial aid for a current college senior to support their application for a fee waiver).

6. Foreign nationals answering questions about ethnicity and race.
Questions about ethnicity and race are for U.S. citizens and U.S. permanent residents ONLY.

7. Citizenship status and country of citizenship that conflict.
For example, marking "U.S. Citizen" and putting primary citizenship as "France;" or marking "non-U.S. citizen" and putting primary citizenship as the "United States").

8. Not explaining gaps in work experience or education.
We ask you to explain any gaps of 4 months or more in the work history section.

9. Inverting the beginning and ending dates of employment, starting and ending salaries or bonuses.

10. Inverting your first and last names on the application form. Put your family name in the "last name" field and your given name in the "first name" field.

11. Entering decimal points where we specifically tell you not to (for example, salary and, for international candidates, years in the U.S.)

12. Neglecting to thoroughly read our website. There is much helpful information and many tips on how to best prepare your application.

We look forward to reading your applications,
Allison Davis
Associate Director of MBA Admissions

21 September 2010

Class profile for MBA Class of 2012 is posted

Just a quick note to let you know that we have posted the class profile for the MBA Class of 2012.

Read the class Profile...


Writing Effective Essays--Tips provided by Derrick Bolton

Writing compelling essays for your Stanford MBA Program application requires not so much superior story telling skills as a willingness to be honest with yourself and with us.

According to Derrick, "Reflective, insightful essays help us envision the individual behind all of the experiences and accomplishments that we read about elsewhere in your application--the who behind the what. The self-awareness that enables you to write your essays also will allow you to succeed and grow at Stanford, so that you may serve organizations that change the world."

Read all of Derrick's tips...

Best wishes,

22 September 2010

Don't be too specialized if you want a top level management job

Researching the question of just who is likely to land a C-level job (CEO, COO, CFO) and why, Stanford Graduate School of Business labor economist Edward P. Lazear has found that generalists, who have knowledge in a broad range of areas, hold a higher chance of reaching the corner office than do specialists.

"The higher you get in an organization, the more likely you are to encounter problems from a variety of different areas," he says. Because CEOs in particular encounter so many different kinds of issues, "those people have to be generalists."

Read the article...

29 September 2010

How to secure compelling Letters of Reference--Tips provided by Derrick Bolton

Securing your letters of reference should not simply be a means to an end. Instead, suggests Derrick, view it as an opportunity to "initiate candid conversations about your personal and professional development."

Derrick believes that, as a result, your recommender will "produce a more powerful letter of reference because the process itself will have been so compelling."

Read all of Derrick's tips...