Prefer to read? Here’s the transcript:
Beware Bad MBA Advice!!
Your MBA Goals are Your Goals
The misconception about goals is that you have to have a certain goal or a certain subset of goals in order to be an attractive candidate for a given school. And this is just patently untrue. There is literally an infinite array of MBA application career goals that you could have that both necessitate an MBA and that make you an attractive candidate for business school. And which goals or set of goals is right for you depends on you. It depends on your background, your experiences, your ambitions and your vision for the future. It depends on where you want to have an impact. It depends on the kind of work that you want to be doing post MBA based on the experience that you've had pre-MBA. You’ll submit a unique MBA application that is tailored to you and your personal experiences. I can't tell you how many times I've had my clients go and speak to their friends who are alumni, their alumni friends tell them “You need to destroy this entire essay and you need to talk about wanting to have goals in finance.” or “You can't say that you want to go into consulting, everybody says they want to go into consulting.” or “You have to have an entrepreneurial goal or the school isn't going to accept you.”. The problem with taking advice in general from alumni is that they have a data set of one. They have their own application process and what they believe made them successful in getting into business school. It's only natural to think that whatever worked for you is definitely what's going to work for everyone else. But this is crazy and it's wrong because for the most part, there's a very good chance that those alumni got into school, not because of their essays or their goals, but in spite of them.
This was definitely the case in my case. When I look back on all the horrible mistakes I made in my MBA essays, I can't even believe how lucky I was to be admitted because frankly, I was admitted not because of my essays, but in spite of them. So, taking advice from anyone who has a single data point is always a risky proposition. And where I see this most going wrong – with alumni in particular – is advising you to have a certain set of MBA application goals that they think the school is interested in or that they themselves met success with. But that has nothing to do with you or your specific ambitions or your unique MBA application. And I'm picking on alumni here, but if you go to the internet, you're going to find a lot of misinformation about what goals you should and should not have when you apply to business school.
To Each Their Own Application Process
That's all I have for today. I will see you next Monday for #MBAMonday and if you don't want to miss a single MBA Monday tip, be sure to subscribe to our YouTube channel!