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re: MBA

Posted by sbreve1 on 12/20/09 at 11:51 pm to
quote:

Interesting, thanks. Were you invited to interview at UVA, Texas or Rice?


UVA - no interview invitation
Texas - interviewed
Rice - interviewed

re: MBA

Posted by sbreve1 on 12/20/09 at 10:38 pm to
I think most schools only count post-graduate work experience. You can verify this by contacting the schools. It's better to get at least two years experience before you start. Some people get in with no experience, but only a few. Sometimes joint JD/MBA students are given special consideration since most law students go in staight after undergrad.

I will say, however, that the average experience data posted for the schools is sometimes inflated, because there are sometimes some older students who attend and have 15 years or more experience. Therefore, the median is probably lower than the mean.

All in all, you will get more out of it if you have at two years or so of post-graduate experience. I'd say work for a couple of years, save up some money and gain some experience, and then go back and get an MBA.

re: MBA

Posted by sbreve1 on 12/20/09 at 10:18 pm to
BSEE, GPA = 2.7, GMAT = 660, 5 years experience

University of Virginia (stretch) - denied
Texas (stretch) - denied
Texas A&M - accepted with 50% scholarship
Rice - denied
SMU (safety) - accepted with 50% scholarship

re: MBA

Posted by sbreve1 on 12/20/09 at 6:13 pm to
Thanks lynxcat! I understand that some people think a "shotgun" approach is better. I just happen to disagree. I think that when they interview you it's good to be on top of what the school is all about, which is difficult to do when you are having to do research on 15 different schools. Just my opinion.

As far as how I had the Texas MBA PROGRAMS (not necessarily schools overall) ranked, that comes straight from the highest-regarded ranking publications that I had summarized in the previous link. Check it again if you wish:
LINK

(clue: look at the bottom)

re: MBA

Posted by sbreve1 on 12/20/09 at 5:29 pm to
I was forwarded the link to this thread by a friend and I would like to make a few comments.

I graduated from LSU in undergrad and am currently a first-year MBA student at a top-40 school.

For anyone seriously looking to pursue an MBA - You should take the GMAT before deciding on any schools. I would advise at least getting the Princeton Review book to prepare. Your GMAT score, combined with your undergrad GPA and experience should give you a decent idea of where you stand.

Once you know where you stand, subscribe to some online publications that should give you information about the average admitted student data(US news for $15 a year and/or Princeton Review online service). Look at the 10th - 90th percentile for the GMAT. Ideally your GMAT should fall within that range

Next, you want to apply to at least three schools, and no more than six. This is because you cannot assume that you will get into all the schools you apply to, but at the same time you don't want to stretch yourself too thin by applying to too many schools. In this mix, you should have the following:

1) "Safety" schools that you feel you have a 90% chance of getting into and your "stats" generally exceed those of the average student (1 to 2 schools).
2) Schools where you feel your "stats" are equivalent to the average student who attends there (1 to 2 schools).
3) "Stretch" schools where your stats are below the average, but your GMAT score is still above the 10th percentile (grades are usually less important)(1 to 2 schools).

When deciding these schools, you should factor in "fit" as much as rankings. I would highly advise doing some research on each school you are considering.

Here's a good free resource if curious about rankings:
LINK

I would NOT advise limiting yourself to LA for schools. If you are looking to stay closer to home, I would advise schools in Texas. The following are consistantly considered better than LSU AND Tulane year after year (listed from best to worst):

1)University of Texas
2)Texas A&M
3)Rice
4)SMU

If you are absolutely determined to get your MBA in LA, I would apply to both Tulane and LSU. Tulane is expensive, but usually gives hefty scholarships. You really can't compare the two at this point from a financial perspective until you receive financial assistance offers from each. Overall, I would consider Tulane over LSU. The last I checked, the average MBA graduate from the Tulane makes probably about $20K more a year than the average MBA graduate out of LSU. The pricier option up front could make you more money in the long run.

Hope this helps.