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Showing posts with label Babson College. Show all posts
Showing posts with label Babson College. Show all posts

Wednesday, April 6, 2011

Helping Your Family Support You in the MBA

With the rush of GMATs and applications it’s very easy to lose sight of how the move towards an MBA programme affects those around you. This is a very sensitive subject and one which is not often discussed openly.

During my first week at the Babson MBA programme I was lucky enough to get advice on this topic from an alumnus. Her suggestion was to be clear about my priorities during my MBA. A lot of money and time was invested in the programme. In my case, I had to leave my loved ones abroad to complete the programme. For others, their loved ones accompany the students and this can be just as hard, particularly for the partner who is not studying as they may not have the same distractions as the MBA student in their new environment. In fact, this sacrifice is a motivator for me to make sure I make the most of the programme and take advantage the amazing resources available to me while I’m here.

When I first heard the alumnus’ advice it sounded quite harsh, but as she explained, it was important that my family be clear about my MBA priorities. After all, they want what is best for us as a family and being clear that I may not be able to communicate with them because of a major project or interviews helps them to understand how best to support me.

Doing an MBA is not easy but it’s an amazing opportunity to learn, network and enhance your career path. My advice to those of you who have family and loved ones to consider is to keep them involved in the decision-making process, but be honest about your MBA priorities. They want to support you, and by being realistic about the programme will help them do this and give you the strength to do your best.

Leslie Wanderley Wanick
Forte Fellow, Class of 2012
Babson Graduate School of Business

Monday, March 21, 2011

Choosing the right Business School

So you’ve completed and sent off your applications, and now your answers are coming in. Despite your fears and anxiety, the schools are accepting you. Yeah!

But now you have to choose… Do you go with the school in your favorite city? The one highest ranked by U.S. News & World Report? The one that gave you the biggest financial aid package? The one most impressive in the interview? Or the one that felt the best during the Admitted Students Day/Weekend?

No two of us are exactly the same and so our decision-making processes vary. What matters to you may not matter to me. But by conducting thorough research, setting up coffee or phone meetings with current students and alumni, and otherwise collecting all the data and opinion you can – you will help yourself to confidently make the ultimate choice.

For me, culture mattered a lot. I didn’t want to spend two years with my shoulders up to my ears, simply surviving a dog-eat-dog world. I wanted a small school with a friendly, down-to-earth, collaborative environment because this is how I learn best. I also wanted a school dedicated to women leaders and to social entrepreneurship.

I’m a big believer in writing things down. It is not always easy to know thyself, so brainstorming - whether out loud or in my head – and then jotting down key words and ideas really helps. This is how I have always found my way – from articulating and actualizing my first dream job, to making a film, to choosing an MBA program.

Clarity around what matters most to you to can take a lot of the stress out of this decision.

In his landmark 1996 essay in Harvard Business Review, Michael Porter wrote, “The essence of strategy is choosing what not to do.”

Sure, hindsight is 20:20, but taking the time to deeply understand who you are, what matters to you, and what makes you tick can be tremendously supportive in confidently selecting your school.

Rachel Greenberger, Class of 2011
Forte Fellow & MBA Candidate, Babson College