Career Diversity

Real talk about diversity and careers: The things you want to talk about at work but can't...and probably shouldn't.

Most people think that business school is just for:

  1. people who are interested in working in corporate America or
  2. people who were business majors in college
That's not the case!

Master in business administration is really a misnomer. A better name for it would be an MLM or Masters in Leadership and Management. The skills taught in business school help students lead and manage teams. It could be a team of two or a team of two thousand. It just so happens that the dominate institution in the world today are businesses and therefore they take all of the talent coming out of the top business schools across the world.

Nowadays, MBAs are taking their skill sets to various types of organizations beyond just businesses. They are leading nonprofit organizations, government programs, social enterprises, and educational institutions.

At Stanford, they called people without a business background "poets". If you look at Stanford's class of 2010 profile , you'll see that 46% of students majored in the humanities or social sciences, 35% majored in engineering, mathematics, and natural sciences, and ONLY 19% majored in business related fields.

As minorities, our parents typically only respect medical and law degrees, but I encourage everyone who considers themselves to be a leader to consider pursuing a Masters in Leadership and Management (aka an MBA). It is perhaps the most valuable and flexible graduate degree there is.

Jullien Gordon
The Personal Development Guru
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The MBA application process isn't cheap. You should set aside almost $6,000 to prepare for the process. At the end of the day, the investment is small. In most cases, your salary will almost double after business school. Download this Excel document to craft your own budget.



Jullien Gordon
The Personal Development Guru
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Date and time:



Thursday, November 6, 2008 5:00 pm
Central Standard Time (GMT -06:00, Chicago)
Change time zone
Duration: 1 hour
Description: Hosted by Forté companies, a panel of women executives who graduated with a liberal arts degree will describe how they positioned their skill set and experience to successfully enter the business world.

Click here to register today.


How do you prepare for life after college? Get started today by checking out the videos and podcasts from our Career Lab Events. Hear firsthand how leading business women created their own career paths. In our discussion forum, you can share stories and swap ideas on careers, getting your MBA, you name it. And don’t miss out on the great tips for landing your dream job!


History

The Society of Hispanic Professional Engineers (SHPE) was founded in Los Angeles, California, in 1974 by a group of engineers employed by the city of Los Angeles. Their objective was to form a national organization of professional engineers to serve as role models in the Hispanic community.

The concept of Networking was the key basis for the organization. SHPE quickly established two student chapters to begin the network that would grow to encompass the nation as well as reach countries outside the United States. Today, SHPE enjoys a strong but independent network of professional and student chapters throughout the nation.




Commitment


Mission:
SHPE is the Source for Quality Hispanic Engineers and Technical Talent.

Statement of Values:
We are brought together by heritage, social responsibility and desire to improve the equality of all people through the use of science and technology. We value excellence in education, professional pursuits and leadership. We obtain excellence through integrity, empowerment, achievement, diversity and continuous improvement.

Vision:
SHPE is the leading social-technical organization whose primary function is to enhance and achieve the potential of Hispanics in engineering, math and science.

Strategic Focus Areas:
We will fulfill our mission by increasing educational opportunities, promoting professional and personal growth, carry out our social responsibility to be involved in education, business and government issues and enhancing pride within our organization and reinforcing our reputation as a vital Hispanic organization.


The Native American Finance Officers Association builds the financial strength of tribal governments and their enterprises by providing educational forums and resources, and by instilling finance and accounting best practices. We are a national not-for-profit organization with members in positions such as tribal finance officers, controllers, treasurers, accountants, auditors, financial advisors, tribal leaders, and more.

NAFOA is unique because we focus solely on the financial success of tribal entities. We provide a central source for the latest in financial management information and professional idea sharing. Through our network, members connect with experts in various financial areas, specifically as they apply to tribal governments and organizations.

We believe that sound financial management strengthens tribal governments and organizations. This creates strong Native American communities now and for generations to come.

Greetings and welcome to round 2 of Akil’s GMAT blog. I thought I’d share some of my thoughts and advice on how to study for the test. It seems more and more I encounter people who are studying wrong (oops I mean incorrectly, since I need an adverb to modify ‘studying’ rather than an adjective).

First, to understand how to study properly you have to understand the nature of the GMAT. The GMAT is an adaptive test that tests quantitative and verbal REASONING. As such the GMAT is not a test you can memorize, since a reasoning test requires you to use logic supported by facts to derive answers rather than to simply regurgitate facts. Regurgitating facts will most likely only allow you to get a score in the low to mid 500s. If you are satisfied with a score in the 500s, you should just get a list of formulas and rules tested and memorize them. [My marketing department requires that I insert a shameless plug here for Bell Curves flashcards which give you a nice succinct list of the rules that are tested on the GMAT in a pretty package.] If you want to have a realistic shot at the higher scores, you will need to memorize the facts necessary for success on the test and then, more importantly, develop your ability to use those facts in context.

Are you Flashcard Guy/Girl?
Flashcard Guy/Girl can recite every rule when asked but cannot apply it when presented a problem that utilizes that rule in an indirect or unobvious way. Your goal is to first learn all the rules (you will need to embrace Flashcard Guy/Girl for a little while), but you must quickly transition away from reciting rules to a true understanding and application of those rules.

Let's run a quick test to determine your level of Flashcard Guy/Girlness.

Complete the statement below


Rule:

To add numbers with exponents one must ___.

If your response was that you cannot add numbers with exponents, you are only partially correct. You should not make it a habit to learn only things you cannot do, as you must also learn what to do instead.

If you said "To add numbers with exponents one must have the same base and the same power then add the coefficient of each number," you would be correct.

Now, do this question before continuing to read:


Example 1:

What is the value of 3x^2 + 4x^2?

If you realized how this directly connects to the rule above, you are on your way to GMAT mastery. The correct answer here is 7x^2 .

Now, let’s make the previous question GMAT appropriate and try again to answer it:


Example 2:

What is the value of x^2 + x^2 ?

Again this is a direct connect to the above rule we began with, but the additional twist that it hides the coefficients. The correct answer is 2x^2 .

Now let’s make it a medium GMAT question (the above questions are probably considered easy, or the steps required would be part of a more difficult problem). Try this example:


Example 3:

What is the value of 3^4 + 3^4 + 3^4 ?
(A) 3^4
(B) 3^5
(C) 3^9
(D) 3^12
(E) 3^24

If you were able to answer either of the two previous examples, but you were hesitant or unsure on this problem, you have some Flashcard Guy/Girl in you. You were given a rule and its application never varied, but as that rule was presented in a slightly unexpected manner you struggled, and that’s what Flashcard Guy/Girl does. The correct answer is B, because when adding numbers with exponents if your bases and exponents are the same you add the coefficients. Thus the question requires you to add (1)3^4 + (1)3^4 + (1)3^4 which can be expressed as (3)3^4 which is also 3^5 .

Proper preparation
To properly prepare for the test you must accomplish the following:
  1. Learn the knowledge tested
  2. Learn to recognize when/where that knowledge is tested
  3. Learn the tendencies of the GMAT
  4. Develop personal efficiencies
  5. Develop a personal pacing plan
One of the greatest challenges in transitioning from the 500s to the 600s is learning how
to leave behind Flashcard Guy/Girl. Learn to understand each rule, not to simply recite
them. Learn to recognize each rule being tested. Learn to apply a rule to a given problem.
Doing these things will help you gain an amazing GMAT score, admissions to your top
school, and an opportunity to be at the helm of America’s greatest financial institutions
like Lehman, AIG, Enron, and WaMU.

Resource list

I’ll try to remember to add to each of my blog entries a resource list of products that will help support your studies. Of course as founder of Bell Curves, I’ll have a bias for our materials but I will always be honest about products I, and my students, find helpful.
  1. GMATPrep – the best practice tests, hands down, no question!
  2. GMATFocus – a GMAC adaptive diagnostic tool. It’s a great source of adaptive questions. I would only use at the end of my prep cycle.
  3. MathSmart – good basic math review created by the Princeton Review. If you have not seen fractions since 7 th grade and they terrify you, this is a good starting point.
Until next time, I wish you knowledge, skill, and happiness.

Akil Bello
The GMAT Expert
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