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Saturday, January 30, 2021

Biden's USA Work Visa rule change & what it means for US Education aspirants



2015 heralded a new era in US immigration reforms with the Obama administration allowing a subset of highly qualified spouses of H1 B visa holders to work in the US. This change positively impacted an estimated 1 lac spouses who were on H4 visa; 90% of them being Indian and a similar number being women.

The previous Trump administration intended to revoke this measure, casting uncertainty over the future of this large base. Joe Biden, on the 7th day of being the new POTUS, has withdrawn the new rule that had cast uncertainty over the careers and future of the H4 visa holders.

Impact on international students applying to the US: The US has long been a preferred destination for international students both the quality of education, the reputation of its universities, global acceptance of Ivy League and top school brands, and outstanding opportunities to pursue meaningful work. The Biden administration’s withdrawal of Trump’s order means that spouses of international students who secure the H1 B work visa will be able to work in the US.

Summary of Benefits:

·         Spouses earnings will lead to higher family income for H1 B visa holders

·         Enhanced income stability

·         Spouses can continue careers in their desired field, a major boost for their mental health

·    H4 visa holders can apply for H1 B independently as well as long as they meet the visa requirements

This is thus a welcome move for aspirants who want to pursue their PG education in the USA and aspire to work in the country thereafter.

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Tuesday, January 26, 2021

How Indian applicants can crack an admit to Harvard Business School’s 2+2 Deferred MBA program


HBS’s 2+2 deferred MBA program (also called X + 2 by Dee Leopold who runs it) is one of the most prestigious programs sought out by college seniors around the world. Admits to this program have to work for at least 2 years (some choose to work for 3-4 years at the school’s discretion) before starting in the HBS full time MBA program.

During my engagements and interactions with some of the brightest clients from India (read IITs, NITs, St. Stephens Delhi, St. Xaviers Mumbai and Kolkata etc.), I found more and more college seniors (final year students) considering a deferred MBA option, especially from global B schools. This is not difficult to understand. A deferred MBA has many advantages. Click here to learn more.

The HBS adcom describes desirable applicants as – “Innovative thinkers who have demonstrated leadership and analytical skills and want to develop their knowledge and passion to make a difference in the world”. The topic at hand however is – how can an applicant from the uber competitive Indian applicant pool secure an admit in the HBS 2+2 or similar elite deferred programs from Stanford GSB, U.Penn Wharton etc. Like the HBS full time program, the 2+2 program is also extremely competitive – admit rates have ranged from 9-12% over last 3 years (approximately 100-120 admits out of 1200 applicants). Let’s dig in:

First, let’s understand why the program came into being. HBS, being the pre-eminent brand in business education, wanted to appeal to the non-traditional, non-business undergraduates (read STEM grads). By providing a deferred MBA to college seniors, HBS wanted to ‘develop’ a new segment where non-business students would start considering a management career (for which MBA has been already established as a preferred degree). So while the FT HBS MBA has 35-40% STEM (Science, Technology, Engineering, Math) education representation, the HBS 2+2 has more than 50% STEM grads (2023 class had 57% STEM students). So, if you’re a STEM grad, you fall in their preferred profile.

Second, the entering 2023 class of HBS 2+2 has 43% women same as FT MBA. While the traditional FT HBS MBA has 30-35% international students, the 2+2 has only 15-20%. Combine the two and you find that being an international female candidate puts you in a sweet spot for consideration.

Third, average GPA of a 2+2 admit in the 2023 class was 3.79/4.0. So, you’ve got to have an impressive academic record. While in a traditional MBA a rapid career progress can present a different and attractive data point to the adcom, the adcom weighs academics much more for 2+2 since they don’t have any professional experience to consider.

Fourth, the average GMAT and GRE scores for a 2+2 admit is similar to that for a FT MBA admit. Average GMAT is 730 (Q48, V41), GRE (Q 163, V 163). Clearly, one has to score high to impress the adcom.

Fifth – a stellar profile! While point 3 and 4 above will demonstrate your capability to academically thrive in the rigorous HBS MBA, they almost appear like the ‘entry price for consideration’. Once you have these in control, how can you stand out? HBS looks for candidates who have a Habit for Leadership, Analytical Aptitude and Appetite and Engaged Community Citizenships. It’s time to ensure those high profile internships where you made an impact, leadership positions on or off campus and evidence of mastery of quantitative/analytical concepts is demonstrated

Sixth, your letters of recommendation – your recommenders should not only recommend but almost lobby for you. In addition, only praising the candidate will not do – they’ll have to provide specific instances of impact by the candidate accompanied by key competencies observed such as leadership etc. Quantitative comparison of how high they rate you within the larger pool they’ve managed along with supporting rationale would help your case tremendously.

Seventh, maturity. The school expects a 2+2 candidate to demonstrate maturity that defies years. How you’ve faced challenges in the past, how you’ve reacted to criticism and how you’ve been able to influence detractors to your ideas and ensure progress and impact will be key.

Eight, super impressive achievements. Many applicants view the application like a checklist; good internship - check; high test score – check; volunteering experience – check! What they forget is asking themselves – how easy is it to secure the achievement or position they’ve mentioned? What truly impresses a HBS or top school adcom is the level of competition involved in an achievement – Fulbright scholarships, Rhodes scholarships, an internship with Google self driving car project, MBB internships – Yes! Other way to think is you don’t want to communicate to the HBS adcom that your 2+2 application is the first time you’re really competing with a top class pool.

Leopold views the 2 years prior to HBS as an incredible opportunity to do new, amazing and wonderful things. You should be able to articulate your plans for those years very well. May be it’s working in a new culture, maybe it’s trying out something out of your comfort zone that will provide you important skills. All-in-all, it’s a special process that’ll make you introspect and teach you how to put your best foot forward.

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Thursday, January 14, 2021

Fall vs. Spring intake: Which one should applicants target?


Foreign universities have two entry points (intakes) every year - Fall (Aug-Sep) and Spring (Jan). So which one should you choose and why? Refer to the table below where we contrast both the options on key parameters and provide insights to help you make an informed choice.

Monday, January 11, 2021

 UC Berkeley/Haas School of Business expands its Deferred MBA for all undergraduates

UC Berkeley’s top ranked Haas School of Business has recently opened applications to its Full Time MBA for all college seniors (final year undergrad students) and students in final year of their masters program (without having any work experience). This deferred MBA program allows final year students to apply for the Berkeley MBA program and get an admit now and join after gaining 2–5 years of professional work experience. The program, named Accelerated Access allows students to have one more option for Deferred MBA programs.

Please refer to the program website for details.

It’s an open secret now that many college seniors, especially from top undergrad colleges like the IITs, BITS, NITs, St. Xaviers, Ruia, St. Stephens etc. are increasingly pursuing the deferred MBA route. Usually, successful applicants have strong profiles (please refer to some of the success profiles that I have posted on this space). This way when they have an option between Harvard and IIM Ahmedabad, they can choose the one that appeals to them.

Below is a list of the most popular Deferred MBA programs:

Please upvote if you found it useful and also comment if you have any questions.

Good luck!

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