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WORK EXPERIENCE |
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� v Number 5 - YOUR WORK EXPERIENCE:� � I've already talked about
the type of experience applicants have (see application
element number 2 -- the Application Essays).�
Here I want to talk about the amount of work
experience you bring to the table.
Most of you know that the
average number of years of full-time work experience has risen
dramatically at the top B-schools.�
Schools that only recently averaged two or three years now
average five.� And that
number keeps rising.
You don't want to apply
too early.� I have many
ambitious students in my GMAT classes who insist on taking their shot at
the brass ring with only two years of full-time work experience.�
(And that's by the time they would enter school, not when they
plan to apply.)� Although
some of them are exceptionally bright and do well on the GMAT, very few
of them make it into top-tier programs.�
Most end up "trading down" to a backup school or
getting rejected altogether.�
I have to admit
that I agree with admissions officers who reject inexperienced
applicants.� The whole
objective in assembling a business school class is to put together
people who can share unique experiences from their industries.�
If you have two years in your industry and another applicant has
five years in the same business, I'm going to take the more experienced
candidate over you, even if his GMAT score is a little lower than yours.
But That Won't Happen to Me! I know,
you're different.� You
think your 720 GMAT and 3.6 GPA will get you into Wharton.�
After all, you have almost two years at Salomon.�
But look at the numbers.� Only
two percent of last year's class at Wharton had less than two years of
full-time work experience.� That
means 15 people out of 8,300 applicants (one of the highest acceptance
rates out there).� That
gives you a 1-in-553 chance.
Be serious. Wait until
you have at least three years (by the time you would enter).�
I have had a few students who have gotten into top programs
(including Wharton) with only two years of experience, but they were the
exceptions to the rule.� The
vast majority of inexperienced applicants get the ax and have to reapply
the following year with a lame story about why they were rejected
previously.
And, by the way, you
don't get to apply from ground zero the year after you have been
rejected.� At many schools
all you are allowed to submit is an updated information form and a
single essay explaining what has changed in your life since you last
applied.
�
What if I Changed
Jobs?
I hear this question a
lot and I've heard a number of admissions officers address it�enough
that I'm finally starting to discern a pattern among their answers.�
The general opinion seems to be that changing jobs isn't a
problem, especially if the change involves some kind of promotion.�
But "job churning" is frowned upon because the
admissions people want you to have more than just a surface
understanding of your industry.� You
need to bring a certain amount of expertise to the classroom, and
changing jobs every six months will make it difficult to develop an
in-depth understanding of a specific industry.
So try to stick with one job (or, at least, one industry) for a year or two.� Otherwise you won't have much to offer a school.
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