MBA Life: An Insider’s Perspective on Harvard Business School

July 29th, 2010

Kyle Hausmann is a Content Developer at Knewton, where he helps students with their GMAT prep.

Many of Knewton’s GMAT students are aiming for the top MBA programs in the world. Comparing those programs can be difficult —HBS and Stanford GSB both look pretty darn good on a resume, after all.  In the end, deciding between those two business behemoths largely comes down to personality. The learning experience will not be the same — the case method dominates at Harvard, for example — but there’s no question you’ll get a first class education at either one.

So, how do you decide which business school is better for you?

With the recent addition to our Product Team of Nathan Lasche, a 2010 MBA from Harvard, we thought it the perfect time to take an inside look at these top institutions.

Nathan Lasche

Nathan Lasche

So, here begins Knewton’s series, MBA Life: Insiders’ Perspectives on Business School. First, we’ll hear from Nate about his experience at Harvard Business School. And stay tuned for Ben Jackson, a friend of Knewton, currently at the Stanford Graduate School of Business. We’ll mostly steer clear of the education itself and delve more into the experience, what it’s like to live there, who you’ll meet, how you’ll feel at these schools.

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I spoke with Nate last week about his experience as part of Harvard’s class of 2010. Nathan did his undergrad at Stanford, so he also had some insight into differences between HBS and Stanford’s GSB.

Here are some of the highlights of our conversation

On networking at b-school: According to Nate, It was awesome. HBS is incredibly international. You end up with friends from all over the world, from Russia, from India, from Africa. They’re known for that… Your alumni network is likely to range more widely across the globe.” Stanford claims a very similar percentage of international students per class, but, Nate explains, “It’s a volume thing. With three times the number of students, your network will probably be dispersed a little more broadly. Stanford has a reputation of being a bit more regional, not in terms of where students are coming from, but post-graduation — people of course head there from all over, but they may be more likely to be interested in staying in Silicon Valley afterward.”

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SAT Prep: A Crate Full of Ninjas, or, Translating Words to Algebra

July 27th, 2010

Kyle Hausmann is a Content Developer at Knewton, where he helps students with their SAT prep.

Translating words to algebra is hugely important on the SAT. The test contains trickily worded problems that are crafted specifically to test this skill. Fortunately, it’s something you can easily improve upon with a little bit of practice!

As you go through practice SAT math problems,  focus on phrases which signify an operation, a fraction, an equality or inequality. Is there a “half as,” “five less than,” or “six times as many?” Write out all of the expressions these phrases signify. The goal is to get everything written out so do not need to look at the wording again. You can practice and re-practice on the same problem — don’t bother solving the equations if that isn’t your problem area. Then, move onto a new problem and see if your speed in translating has improved. Here’s a bit of a long example problem to get started. If you can handle this, you’re in pretty good shape.

A large crate containing statuettes of ninjas, pirates, robots, and flying monkeys fell off a loading dock, and half of the statuettes break. Of those unbroken, one third are ninjas, three times as many are pirates as are robots, and half as many are flying monkeys as are pirates. If there are 20 unbroken robot statuettes, what was the total number of statuettes in the crate before it fell?

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GMAT Idioms: Getting to Know the GMAT Like the Back of Your Hand

July 26th, 2010

Jonathan Bethune is a Content Developer at Knewton, where he helps students with their GMAT prep.

People who dream of making a killing in the business world are a dime a dozen. Unfortunately, few can actually go the distance on the GMAT. I have seen many students cut their teeth on practice tests, then take the actual exam and appear down in the mouth once their scores come to light. The devil is in the details; once in a blue moon you may be tickled pink to see a high score on a practice test, but you can bet your bottom dollar that, come test day, you’ll be in for a raw deal since you won’t be able to hold your own. Assuming that you can play it by ear is a recipe for disaster when it comes to test prep, and you will find yourself in hot water if you just try to wing it.

Was that first paragraph a bit tricky for you? If so, don’t get your knickers in a knot; the paragraph is full of idioms and is designed to throw off non-native English speakers. Idioms are set phrases that have no strict rule or logical meaning.

Every language has idioms. Spanish speakers sometimes use the phrase en bocas cerradas no entran moscas, which literally means “flies do not enter closed mouths,” but idiomatically means “keep your mouth shut, stay out of trouble.” The Japanese often say hara ga tatsu, to describe someone getting angry, though the phrase’s literal meaning is “stomach stands up.”

English has thousands of idiomatic expressions, and while they are vital for ESL students pursuing fluency, they are not very important for the GMAT verbal section. That’s right; you don’t need to spend hours memorizing those nonsense phrases about it “raining cats and dogs” in order to get a good GMAT score.

Quite a relief, isn’t it? Well, don’t celebrate just yet. There is one variety of idiom that you will need to study for the Sentence Correction section of the test. Read the rest of this entry »

Braving the Unknown: Traveling Far for Your Education

July 23rd, 2010

Matthew Busick is a Content Developer at Knewton.

Bicoastal: (adj.) Living or working on both the east and west coasts of the United States.

When I tell my friends that I’ve dreamed of being bicoastal, they look at me as if I’ve revealed something highly personal or inappropriate. Maybe it’s the rootlessness that they find appalling, or my refusal to pick a side in the perennial East-West wars. The truth is that both coasts are different enough to be interesting yet similar enough to make me feel right at home on either. I grew up in California, went to school in the Northeast, returned to San Francisco for three years, and am now working at Knewton in New York.

As a flip-flopping migrant, I can recognize the small quirks that make each coast unique, as well as the alarming similarities that span three thousand miles and bridge our culture together. Read the rest of this entry »

LSAT Logical Reasoning in Real Life: The Emmy Awards

July 21st, 2010

Nominees for the 62nd official Primetime Emmy Awards were recently announced. Whether you own a television, stream content directly into your 12″ computer screen, or scoff at the whole matter altogether, we hope that you’ll employ some sound Logical Reasoning as you reminisce about all the hours you’ve spent watching television (and, necessarily, not doing your LSAT prep).

Question:

This year, both “Mad Men” and “LOST” have been nominated for Emmy Awards in the category of Best Dramatic Television Series. Nielsen ratings, which have proven to be accurate indicators of a show’s popularity, have been compiled for each series. Although the majority of critics prefer “Mad Men” to “LOST,” “LOST” has consistently garnered higher ratings than “Mad Men” on the Nielsen scale. Since a show with a more loyal fan base is more likely to win an Emmy, we can predict with some certainty that “LOST” is more likely than “Mad Men” to receive the Award this year.

The argument is most vulnerable to criticism on the grounds that it

A) presumes, without providing justification, that critics’ preferences are rarely accurate predictors of  Emmy success
B) fails to distinguish between a show’s popularity and the loyalty of its fan base
C) fails to consider whether shows with fan bases less loyal than those of their competitors have won Emmy Awards in previous years
D) takes for granted that the opinions of a majority of critics have not influenced the Nielsen ratings of either show this year
E) fails to consider the possibility that a show with a more loyal fan base is not of superior quality

Think you have it? View the full explanation after the jump.

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Save the Date: Knewton Student Homecoming Party, August 12

July 20th, 2010

Knewton Homecoming Party

Knewton students attend class from all over the world, but on Thursday, August 12 they can come to us!

If you’re in the NYC area later this summer, drop by our Student Homecoming Party at the Knewton office. Past, present, and future Knewton students are welcome.

Just RSVP below so we know you’re coming. We’d love to see you there!

Knewton Homecoming Party
Thursday, August 12, 7-9:30pm EDT
19 Union Square West, 12th Floor
New York, NY 10003

Tech Startups and Ultimate Frisbee: What’s the Connection?

July 20th, 2010

Andy Huang is a content developer at Knewton.

What do Google, Apple, Facebook, Yahoo, and Knewton have in common?

Great places to work? Check.

Brilliant people? Check.

Cutting edge technology? Check.

Ultimate Frisbee? Check.

Played on college campuses across the country, Ultimate Frisbee has long been known as a sport for techies and nerds. And as those Frisbee toting techies and nerds graduate and move into high tech companies and startups, the sport of Ultimate Frisbee has migrated along with them. On any sunny afternoon in Silicon Valley, it is not uncommon to see teams representing the cornerstones of the internet economy fighting for pride over a game of Ultimate. Facebook, the relative newcomer to the game, seems to have taken the upper hand in these contests.
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Top 10 Time Savers for the GMAT

July 19th, 2010

Kyle Hausmann is a Content Developer at Knewton, where he helps students with their GMAT prep.

GMAT success depends not only on getting the right answer–but on getting it fast. Time management is key to conquering the GMAT: After all, test-takers only have an average of two minutes to spend on each question. Saving time isn’t just about answering the hard questions in less time–it’s also about answering easier questions faster. Every second you save is a second you can use on a hard problem. Taking only 30 seconds instead of 60 on one question means you’ll have 25% more time for a hard question later on. And believe it or not, there ARE easy ways to save time on many types of questions–without sacrificing accuracy.

Knewton’s course covers many strategies that will help you get the right answer, and faster. Our content developers and teachers are time-saving experts. Some of the tactics we rely on are commonly known (and too-commonly forgotten!), while others are much less widely utilized. The following is a list of Knewton’s top 10 great time management tactics. The list is a combination of the physical and the psychological, everything from test strategies to typing tips. All of these guidelines will help you bank time early, give you more time to concentrate on hard questions, and ultimately increase your score.

10. Don’t untangle complicated language unless you have to. If you come upon a few lines in a reading passage that are all “tied up,” don’t waste time untying them. Just get the gist and keep reading. If a question asks about those lines, you can always go back and figure out what is going on then; but if no question deals with them, untangling would have been a waste of time. Like all the time savers in this list, the idea is to keep moving–and go back only if you absolutely have to.

9.  Look at the verb. When a Reading Comprehension question asks for the primary/main purpose of a question, that purpose is often expressed by infinitives in the answer choices. For example, possible answers might include, a) to explain a complicated scientific concept, b) to suggest a new application of a scientific theory, and c) to advocate for a new application of a scientific theory. Before considering the complete answer choice, try to eliminate choices just by looking at the verbs. Verbs like encourage, argue, suggest, support, advocate, etc. represent a strong agenda on the author’s part. If the passage is only presenting information, you can immediately eliminate choices with those verbs. A choice with a verb like summarize or report could be the correct choice.

8. Learn keyboard shortcuts. If you don’t know what CTRL-X means, learn! Some particularly important shortcuts to know:  Copy by pressing CONTROL and C (CTRL-C) at the same time; paste by pressing CTRL-V. CTRL-X cuts. CTRL-Z is undo, and CTRL-Y is redo. If you are used to using keyboard shortcuts, note that not all of them will work. (I like to use CTRL-Up/Down Arrow to jump between paragraphs, but that won’t work on the GMAT.) So whether you are used to using the keyboard in this way or not, download the official GMAT practice test at mba.com and practice keyboard shortcuts as you write your AWA essays. You’ll definitely be moving things around in your essay. These shortcuts can help you do that faster, leaving more time to hone your diction and develop your ideas.

7. Guess and move on. Sometimes you just don’t know the answer. Or you know you would get it if you spent five minutes on the problem, but five minutes is too long. Staring at a problem you aren’t solving is a huge waste of time. If you’ve been working (really working) on a problem for 3 minutes, stop and ask if you will be done in 30 seconds. If the answer is no, guess and move on. And if you have been staring at a question for 60-90 seconds and still don’t know what to do, the same is true: It’s time to guess and move on.

6. Zoom out from reading comprehension passages. If a question asks about the “occipital lobe,” try literally drawing back the focus of your eyes to see the whole passage, registering each place the phrase “occipital lobe” appears. This is a skill that can be improved with practice. RC passages an take up a lot of time if you have to read through them again and again — this skill can help you find what you need without rereading.

5. Compare answer choices. Answer choices are often grouped together. Look at what makes the choices similar and what makes them different. So, if on a sentence correction question, two choices begin with “its” and three begin with “their,” you have a 2/3 split. The antecedent of the pronoun will either be singular or plural, and once you know which one is correct, you can eliminate the incorrect choices right away.

4. Pick a strategy. Sometimes there will be multiple ways to solve a problem. You can tell that testing cases will get you there, with a little work; and so will solving algebraically, although that doesn’t seem super quick either. Rather than wasting time debating the relative efficiency, just pick a strategy and stick to it.

3. Don’t solve. This one is obvious but often overlooked. Data Sufficiency problems ask you to say when you have enough information to answer the question in the prompt, not to actually compute the answer. Sometimes you need to work all the way to a solution, but often, all you need to know is how to get the solution–and whether you could do so with the information provided. In these cases, actually solving is a waste of valuable time.

2. Be confident. If you know the right answer, stick with it. Often on, say, a Problem Solving question, you’ll need to figure out the right answer before you even get to the choices. Don’t waste time second guessing yourself when you see a different answer that looks appealing; you studied for this, you did the question properly. Select your answer and proceed to the next question.

1. Know your s#!&. This one is on the obvious side, but too important to leave off the list. The most important things you can do to prepare for the GMAT is to understand all the concepts tested and to be familiar with all the question types. There is no magic formula–the best strategy is to spend a lot of time beforehand practicing and familiarizing yourself with the various concepts and question formats.

Guest Post: Business School Resumes Explained!

July 16th, 2010

Igor Khayet

This post comes to us from Igor Khayet, President and Founder of My Resume Shop (www.myresumeshop.com).

One of the most important components of the business school application is a professional resume. What exactly is a business school application resume, and how is it different from a resume used in applying for internships and full-time jobs, you might ask?

The business school resume is neither a history of your work experience, nor a summary of your skills.  This type of resume should be thought of as a marketing tool or advertisement that is consistent with the rest of your application package.  Keep these three points in mind when creating your business school application resume:

Think Achievements- Your resume should be filled with achievements, not responsibilities. The admissions committee is interested in the impact you had on organizations. Don’t waste precious space listing your job duties. Use action verbs to show what you did, and quantify your impact with descriptions and numbers whenever possible. Read the rest of this entry »

Knewton Hoops: Scouting Report

July 15th, 2010

All smiles after the first win of the year

This post was written by Josh Anish.

Some offices have a golf culture; others football or even—gasp—tennis. I am proud to say that we Knewtonites recreate primarily via Ultimate Frisbee, kickball, and hoops. Basketball seems to be a particular passion of many folks in the office, which is fine by me. I captained my college basketball team (DIII, but still), and I have many more chances to be alpha on the court than I would, say, on a par 72 course.

We recently decided to take our b-ball skillz to the next level and joined a weekend warrior league. Here’s a scouting report detailing our squad, found in the other team’s locker room after the first game.

Pete Miron. Day job: CTO. Strengths: Shoulders. Weaknesses: His two daughters. Free throws can be an adventure, predilection for Delay of Game warnings. Character guy.

Will Fleiss. Off the court: SEO expert. Strengths: Ball-handling, wing play. Weaknesses: Better able to find tweaks in the Google algorithm than the big man on the break. Under-sized Kevin Durant-type.

Robbie Mitchell. Earns keep as: Marketing Analyst. Strengths: Hair, spunk, defense. Weaknesses: Beard increases risk of heat stroke, dehydration. Spark-plug off the bench, general asset to any endeavor.

Brian Fitzgerald. AKA: Vice President, Product Development. Strengths: Competitiveness. Weaknesses: Short shorts. Baron Davis-like scoring point guard: Jump shooter, lefty, low center of gravity — though facial hair growth is less formidable.

Nathan “Back” Lasche. Business card reads: Product Manager. Strengths: The new guy, stamina, fresh eyes (and legs). Weaknesses: Will take 4-6 weeks just to learn our offense (har). Conclusion: At this stage, in-shape former track star wins over out-of-shape former basketball role player.

Sven Nguyen-Northcott. Until liberated by the start of game: Software Developer. Strengths: personal freedoms, cajones. Weaknesses: onion-based body odour that reminds of Prague. Conclusion: Every team needs a guy that is not afraid to shoot, and, fortunately, some of his shots go in.

Nate Burke. Parents brag that he is a: Software Developer. Strengths: “Length,” esprit de corps. Weaknesses: Meta-guards man too far away from the basket. Another character guy.

Brett Naul. By day: Software Developer. Strengths: Jumper, long arms, hoops experience. Weakness: Mark Cuban apologist. Forms a formidable back court with Fitzgerald.

Josh Anish (me): By the light of day: Senior Editor. Strengths: General skill-set (aka “being 6’7″), intimidation during lay-up lines. Weaknesses: 60 (ok, 50) hours a week at desk and nights up with toddler have taken toll on organism.

I think that pretty accurately sums it up. Don’t kid yourself, we won our first game this week. Maybe next year LeBron will announce that he’s taking his talents to Knewton.