Several colleagues and I from the Admissions Team have recently returned from interviewing MFin candidates in Shanghai and Paris. We have really enjoyed meeting and getting to know all the aspiring MFins better through our one-on-one interviews. Here are some snapshots from our trip:
View from The Bund in Shanghai
Our team of interviewers
Assistant Director Kim Ebeling exploring Shanghai
In other news – MSMS and MBA Program interviews are starting and will continue through March 21, 2014. In addition to holding interviews in Cambridge, our team will be traveling to the following cities:
London, Paris, Madrid, Tel Aviv, Mumbai, Dubai, Shanghai, Tokyo, Seoul, Hong Kong, San Francisco, Los Angeles, Mexico City, Santiago, Sao Paulo, Buenos Aires
Please see our previous post for interview tips. Best of luck to all interviewees!
MIT Sloan students took full advantage of IAP (Independent Activities Period) to explore their passions, travel abroad, take classes, or prepare for their careers. Here are a few student spotlights on IAP 2014:
One of the courses I participated in during IAP was “Leadership Lessons Learned from the Military”. Learning more about the military, its leadership structure and how it all relates to business was such a unique value proposition that I had to take the class. The course was methodically developed by two students, and the experience demonstrated it. There were panels of junior, mid-level and even senior military officials discussing the transferrable leadership and operational skills. We also had a powerful workshop that had us breakdown Post-Traumatic Stress Disorder (PTSD) as something beyond the military, and of course, how to work through it as we develop direct reports in our careers. Finally (and the most fun), we spent a morning at the Zesiger Center doing challenging leadership exercises, such as moving (fake) wounded soldiers, tying a human square knot and doing an 8-person push-up with no feet. Pretty great way to start the Spring semester. - Nadir Vissanjy, MBA ’15
Given that I stuck around campus for most of IAP to recruit for internships, I decided that I wanted to take advantage of some of the other opportunities broader MIT had to offer while I was in Cambridge. I ended up pursuing a small independent study with a MIT Media Lab professor where I combined my interests in international development, entrepreneurship, and technology to map out the global landscape of mobile tools that have been developed to make SMEs (small and medium enterprises) in emerging markets more efficient and effective. This was also linked to the company for which I consulted over the fall semester with the Sloan Entrepreneurs for International Development (SEID) club, and in the last week of January I had the opportunity to visit our SEID client in Amman, Jordan and conduct some on-site research for my independent study as well as experience first-hand some of the actions our SEID client was taking to introduce her mobile tool into MENA (Middle East and North Africa) markets. – Alanna Hughes, MBA ’15
Every year, a group of Sloanies travel to Omaha, NE to meet with Warren Buffett. This year, I was lucky to get this once-in-a-life opportunity! On January 31th, our 20 students flew to Omaha to meet and enjoy lunch with our idol. We first visited Nebraska Furniture Mart, a subsidiary of Berkshire Hathaway. Then Mr. Buffett held a two-hour Q&A session, during which he shared his investment philosophy and life experience with us. We were all inspired by his humor, humbleness and enthusiasm in investment. He said, “Of all the things I can think of doing in the world, I’m doing what I love the most and it really doesn’t get any better than that. I hope that you find whatever it is that you love doing.” -Ning Wang, MFin ’14
Funding a Goal
I had an amazing experience in Mexico City working with Échale a tu Casa, a start-up that builds and finances homes for low-income residents throughout Mexico. After over 10 years of building homes using their renowned high-quality, low-cost, community-involved construction process, Échale was looking to scale up their operations. This is where the team of MIT Sloan students and I entered the picture – we were assigned to help Échale raise about 3 million dollars, and to find new funding sources that ranged from banks to foundation and micro-finance institutions. I also had the specific task to use my prior experience as a documentary filmmaker to make a video that could be used to pitch investors in the U.S. and abroad. In the process of making the video, I met with families who had recently finished building homes with Échale including Francesco, Échale’s charismatic leader. I also interviewed representatives in Mexico’s National Housing Commission to understand the challenge residents in Mexico face in finding adequate housing. I am now editing the video back in Cambridge, and am continuing to work with the MIT Sloan team team to help Échale reach their fundraising goal.- Phillip Gara, MBA’15
A special thank you to all the students who shared their incredible stories!
If you have submitted your MBA application in Round 2, you are probably anxiously awaiting information on what comes next. Great news – we have some important updates for you!
The Admissions Team will begin sending out Round 2 interview invitations Friday, February 14 and will continue periodically through Friday, February 28. If you are not invited for an interview, you will receive a final decision from us by February 28.
The Admissions Team will be conducting R2 interviews here in Cambridge, as well as 15 additional cities across North and South America, Europe, and Asia. Specific dates and locations are TBD, but interviewees will receive at least one week’s notice of your interview date. If you are not living in one of the interview locations, you’ll be given the choice to meet us in the closest location to you, or you are always welcome to join us here on campus.
All interviews are conducted by members of the MIT Sloan Admissions Team – not by students or alumni. There are three components to the interview:
- During the first part, you may be asked follow-up questions on your application. For example, your interviewer might ask you to elaborate on a specific story you tell in an essay, or to describe a job that is mentioned on your resume.
- In the second part we will ask behavioral questions that will give evidence of certain competencies. Our goal is to really get to know you through your unique stories. An example of the type of question we may ask: “Tell me about a time when you had to build motivation in a colleague?”
- Finally, the third part of the interview will give you the opportunity to ask us any questions.
Please refer to my previous post for more interview tips.
Best of luck to all applicants!
It has been a chilly few weeks here in Cambridge! Our Admissions Team is (trying to) stay warm and staying busy with reading MBA and MFin applications and conducting MFin interviews. We are almost ready to send out the MBA R2 interview invitations – check back for an upcoming post with exact dates and details. MFin interviews are underway, and we’ve met incredible candidates so far. Next week, a few of us will be traveling to Shanghai and Paris to meet additional MFin applicants. The MSMS application deadline is quickly approaching – it is next Wednesday, February 5.
For those of you preparing an MSMS application, please remember a completed application consists of:
Resume, Two Essays, Three Recommendation Letters, Academic Records (Transcripts), and Test Scores
In addition, here are some important reminders on a few aspects of the application process:
- Finalize your Recommenders. Be sure to fill out the recommender section of your application so your references may work on their letters. You may submit your application before your recommenders have submitted their letters, however, your three letters of recommendation must be turned in by the February 5th deadline.
- Submit Early: We encourage you to submit your application before the application deadline so any potential issues can be addressed in a timely manner.
Do not hesitate to reach out to our Admissions Team if you have any final questions about your MSMS application.
We look forward to reading your applications, and meeting more interviewees on campus and on the road!
We asked current MBA and MFin students: “Did anything surprise you about MIT Sloan?” You may be interested in what they had to say:
MIT Sloan is a community that embraces diversity, and has an energetic and entrepreneurial spirit. I hope this gives you an inside scoop into what life is like for an MIT Sloan student! I invite you to visit campus to see for yourself.
Dear MFin Applicants,
Thank you for your interest in our program, and thank you for submitting your application! We know that you are anxious and curious – so here is a rundown of what comes next:
The Admissions Team will begin sending MFin interview invitations starting tomorrow, January 21st and will continue to send them periodically through Friday, February 14th. If you are not invited for an interview, you will receive a final decision from us by February 14th. We request that applicants do not email the Admissions Committee inquiring about their interview invitation status. We understand that this is a stressful time for applicants and we very much appreciate your patience.
All MFin interviews will be conducted in person. In addition to holding MFin interviews here in Cambridge, we will also be meeting applicants for interviews in Shanghai, Paris, and Santiago.
Specific details regarding interview dates and locations are still being confirmed, but interviewees will receive an invitation one week prior to your interview date. If you are not living in one of the interview locations, you’ll be given the choice to meet us in the closest location to you, or you are always welcome to join us here on campus in Cambridge.
Now, some additional interview tips and reminders on our policies:
- All interviews are conducted by members of the MIT Sloan Admissions team – not by students or alumni.
- We will be sharing an additional Interview Preparation Guide for those candidates invited to interview.
- A valid passport or photo ID is required at your interview. Please make sure your name is printed in English on the ID.
There are three components to the interview:
- You may be asked follow-up questions from your application. For example, your interviewer might ask you to elaborate on your academic and/or professional experiences, or provide more detail on a specific example from your application.
- You will be asked behavioral questions that will give evidence of certain competencies. An example of the type of question we may ask: “Describe a situation where you had a conflict with another individual, and how did you deal with it?”
- Finally, we will give you the opportunity to ask us any questions.
Lastly, except for updated Fall 2013 transcripts, we are not accepting any additional application materials at this time.
The Admissions Team is looking forward to getting to know interviewees better – We hope that you take the opportunity via the interview to get to know us better too!
The Admissions Team has been busy hosting AdMIT events, receptions, and webinars for our Round 1 AdMITs around the globe. AdMIT events offer admitted applicants the chance to meet with Admissions representatives, current students and alumni to learn more now that they have been accepted to our program. Round 1 AdMITs – we are excited to meet you!
Admissions Team Members Rod Garcia and Julie Strong hosting an event in our Latin American Office
If you are an MBA Round 2 applicant – congratulations on submitting your application! You might be wondering . . .
What does that mean exactly?
Good question! A committee of professional readers review your application to evaluate your demonstrated successes and personal attributes. They will read your entire application, including your optional information (which, by the way, are proving to be amazing so far!). From there, the committee will evaluate each candidate and a subset of applicants will be invited to interview.
When can you let me know if I am being invited to interview?
Interview invitations will go out mid-February and continue throughout March. If you do receive an invitation, there will be specific instructions included so you know what to expect and how to prepare. Through the application review process and interview stage, our goal remains to get to know each and every applicant better. I have been reading applications for over 7 years now, and I have to tell you, it doesn’t get old. However, it does take some time to do a comprehensive review. We appreciate your patience and of course, if you have any questions during this time, you are always welcome to email us at email@example.com.
How do I ace the interview?
If you would like to prepare for the next stage of the evaluations process, refer to our previous post on Interview Tips and watch Associate Director Jen Barba explain what to expect for your interview. Since the interview is behavioral based, providing past examples of what you thought, felt or did in a specific situation will have the most impact.
I want to begin by saying thank you to everyone who applied to the MBA and MFin programs over the past few weeks. We are looking forward to learning more about you as we review your files. It is amazing to see such broad areas of interest and intellectual curiosity among the applicants.
MIT Sloan is an opportune community to be apart of when it comes to exploring passions and interests. January is the start of IAP (Independent Activities Period) at MIT Sloan and across the entire MIT campus. It is a unique time for everyone in the MIT community to explore a variety of personal interests and topics – from designing your own clothes, to improving your poker game, even taking a beginners ski and snowboarding class.
Many MIT Sloan second year students take this opportunity to travel around the world, either through Action Learning projects or personal treks with their classmates. Many first year MBA students prepare for interviews and work closely with the Career Development Office (CDO) on internship/job searches. Many of our MFin students are participating in FRP (Finance Research Practicum) projects.
Read about MBA student Caroline Mauldin’s incredible IAP experience last year, as she traveled to Tanzania as part of an energy project. You can also follow along as a current group of MBA students heads to Serbia as part of their Global Entrepreneurship Lab (G-Lab).
Stay tuned for a spotlight blog highlighting a few MIT Sloan students’ IAP experiences this year at the end of the month!
As we look forward to the New Year, I’d like to remind you of our upcoming Master of Finance and MBA program application deadlines and to offer a few helpful hints to strengthen your application:
Master of Finance Program
- Our MFin application deadline is TOMORROW Thursday, January 2nd. Candidates who submit their application will receive their decision on Monday, March 10, 2014.
- Access our MFin Application Instructions to assist with any questions that you may have while completing your application.
- Our Round 2 MBA application deadline is Tuesday, January 7th. Candidates who submit their application by that deadline will receive their decision on April 1, 2014.
- Access our MBA Application Instructions to assist with any questions that you may have while completing your application.
We look forward to receiving your applications!
On behalf our of our entire MIT Sloan Admissions Team - have a very Happy New Year!
On behalf of the entire MIT Sloan Admissions Team, I would like wish you a happy and healthy holiday season. Thank you for attending our admissions events and following my blog.
The Admissions Office will be closed from December 23 through January 2, but you may still reach us by phone (617-258-5434) or email (firstname.lastname@example.org) from 9 am – 5 pm EST.