"And it's whispered that soon, if we all call the tune,
then the piper will lead us to reason"

Sunday, March 28, 2010

Ad-Coms - Getting Gamed

Fact : Almost all applicants to B-schools dedicate a good part of their application to proving how 'different' they are.
Fact : Each of the top B-schools claims to handpick a 'diverse' student body, diverse in their backgrounds as well as their career plans.

Inference : There should be a good amount of diversity in the jobs taken by MBA graduates.

Fact : The top B-schools place the bulk of their outgoing classes in Consulting and Finance. Industry, Marketing, and Entrepreneurship are pretty much looked down upon.

Doesn't really make sense, eh?

The most important reason would be that most people graduate from B-school laden with debt. Finance and Consulting are the best paymasters (a generalization, but fairly true). Ergo, these are the easiest way out to financial independence.

Another reason, many applicants have their hearts set on joining Consulting/Finance, but they mask their true intentions in their applications. Just long enough to get admitted. Interests in entrepreneurship, working for a non-profit materialize overnight, only to be cast aside on the first day in college.

Having seen so many of such frauds making it to B-school, I wonder, why don't the admission commitees chuck these applications out! They're fairly easy to spot too!

Such stinkers can be spotted from miles off. There are always a few tell-tale signs -
* social service undertaken just a year or two before applying
* unverfiable claims of holding leadership positions in organizations
* tall claims of leading large teams with little experience/qualification
* interested in Finance, yet unable to tell buy-side from sell-side
* unable to give a convincing reason for choosing one post-MBA career path

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