Tuesday, February 6, 2007

The I-20 form

What is an I-20 form?

This is US departmant of homeland security form that is issued by Colleges to students. It is a suppourting document to help you get a US visa. It basically verifies the fact that you are a legitimate student.

How do I get it?

The process starts after you confirm your acceptance to the college. Initially, college sends you a document asking you to show that you have sufficient liquid funds to cover your first year fees. You have to mail the requested documents back to the college's International student servies director. Once they recieve these documents, They will mail you the I20 form.

What is this form used for?

You need this form to complete your Visa application. After you get your visa, this form will need to be updated each and every time you leave or re-enter United states.

What is the documentation I need to submit for getting a I-20?

  • For a student funding herself or himself: A current ORIGINAL bank statement showing a minimum of US$ 8500.00 on bank letterhead, indicating the student's name and including a bank officer's signature and official seal. This statement must be written in English, and it must show all amounts in United States dollars. (If the amount shown is not in United States dollars, an equivalence to United States dollars must be included.)
    or
  • For a student sponsored by another person: A current ORIGINAL bank statement showing a minimum of US$ 8500.00 on bank letterhead, in the sponsor's name, signed by a bank official. This must be in English, and it must show all amounts in United States dollars. In addition, your sponsor should complete an "Affidavit of Support" form including the student's name and date of birth, the sponsor's name and relationship to the student, and a small paragraph which states exactly what the sponsor will provide (for example, money for tuition, living expenses, room and board). The sponsor must sign this letter. If the sponsor is a United States permanent resident or citizen, s/he must fill out a government document entitled I-134. This document may be obtained from our office, or from another university or establishment that carries government documents. The sponsor must also sign the financial certificate found on the application form.
  • For a student receiving a scholarship: A scholarship award letter, on the organization's letterhead, in English, indicating the student's name and stating the specific expenses that the organization will cover.
    AND
  • The financial certificate (completed and signed) and all original bank documents attached to the application form.

The format for the bank letter can be found here.

How does this form look like?

Monday, February 5, 2007

Update from other bloggers

A quick update from other fellow bloggers

Thanks for the information friends!


Part time or Full time

Hi all,
Here is a link to a interesting businessweek article on whether to go for part time program or a full time MBA program.
http://www.businessweek.com/bschools/content/feb2007/bs20070204_929908.htm?link_position=link1

Saturday, February 3, 2007

Two year MBA or one year MBA?


In two year MBA, you get to learn stuff in a relatively relaxed phase (relatively, mind you!, it is intensive by its own right) you get a break of one month in December, three months in summer and one more month in December of the second year of the MBA program. In one year program,these five month breaks are done away with and you have a pretty intensive program with little or no breaks. Then again, there is little or no difference in Fee structure for a two year program or a one year program in the same college. The choice for a one year program or two year program really depends on the person - how long you can sustain yourself away from the work force, family commitments and stuff like that.

I preferred a two year program mainly due to two reasons: Networking and time for business development. Let me elaborate on that. In a typical B-school, you have an incoming class of 150 or more people. Getting to know them all on a personal basis is difficult on a one year program. These networks will be extremely critical and helpful to you when you are trying to advance your career or trying to make a break in the business. A two year program gives you sufficient time to develop your networking skills.

Again, I am from a family business background. I really like the time I get off from the two year program to develop business plans and go through various iterations of the same. This will help me when come back to India to have a firm footing. One other aspect is that though you get time off in the two year program, you could apply for internships which will help you offset the cost of the program.

From the point of view of recruiters, they tend to be a little biased towards two year MBA programs. However, I do not have factual data regarding the same. Business week magazine is usually a good source for questions like this.

By the way, take my advice with a pinch of salt because I tend to defend my choices. Decide for yourself what an ideal choice would be for you.

More Links....

Website that helps you do B-school research:


Websites that help you with the application process:

Websites that help you with GMAT:

Free gmat test sites:

Websites for buying MBA books

You have got accepted, the visa is through and you have paid your security deposit. What next? One of the things that students have to do before joining MBA is buying the required books for the course. Books for MBA in United States might be quite expensive. I personally do not recommend buying books from a college bookstore as it might turnout to be the most expensive proposition. People from India, Pakistan, Srilanka and Bangladesh can purchase international editions which are very cheap compared to American editions. Most books have the same content. I found the following resources to be very helpful.

Good resource for first hand books:
www.amazon.com
www.bn.com

Good resources for used and discounted books:
www.half.com
www.ebay.com
www.collegebooks.com
www.varsitybooks.com
www.classbook.com

Good resources for students from India:
http://www.sapnaonline.com/
http://www.firstandsecond.com/

Application essay questions

Here is a collection of the most commonly asked essay questions and thier variants:

Academic background

  • What did you enjoy studying the most during university? Why?
  • What were your favorite activities outside the classroom? Why did you enjoy them?
  • What strengths did you develop or display most prominently in your academic work? In your extracurricular activities?
  • What were your greatest academic and /or non-academic achievements during university? Why are you particularly proud of them?
Professional background

  • What field are you currently working in? Why did you choose this path?
  • What issues do you work with?
  • Can you name those achievements at work of which you are most proud? Why are you proud of them?
  • What would your supervisor say are your greatest professional strengths and qualities? How have you shown them?
Academic goals

  • What question(s) do you hope to research and find answers to in your graduate program? Ph.D. applicants: What methods will you employ to research these questions/
  • When did you start asking yourself these questions?
Professional goals

  • What do you want to do in the few years following the completion of your graduate degree?
  • What do you want to do 10-20 years from now?
  • When did you realize this is what you wanted to do?
  • Do your goals fulfill a need in your field, organization/company, community, country, or in the world? How?
  • Why are you particularly qualified to fulfill this need? What unique contributions can you make to your field?
Your graduate program

  • How will this graduate program help you to obtain your goals?
  • Why is this stage in your career the best time to pursue your graduate degree?
  • What are your top choice schools? Why did you choose them?
  • Why should the school accept you? What is unique or special about your background, qualifications, and personality?
Personal background

  • Looking back over the course of your life, did you experience anything that changed your way of thinking in any significant way? What was the event? What were you like before, and what were you like after? How did you change?
  • What are your greatest personal strengths? How have you demonstrated these strengths?
  • Have you experienced any obstacles in life or difficulties? How did you overcome them? What lessons and/ or qualities did you develop as a result of the experience(s)?

MBA application interview questions

Here are some of the most commonly asked MBA application interview questions:

  • The following are some of the most common interview questions asked in an MBA application interview:
  • Discuss your career progression.
  • Give examples of how you have demonstrated leadership inside and outside the work environment.
  • What do you want to do (in regard to business function, industry, location)?
  • Why the MBA? Why now?
  • Describe an ethical dilemma faced at work?
  • Describe your career aspirations?
  • What would you do if not accepted?
  • What are your long- and short-term goals? Why?
  • Why are you applying to business school?
  • Why does this school appeal to you?
  • What is an activity you are involved in? Why is it important to you?
  • Talk about experiences you have had at work.
  • Why are you interested in a general MBA program?
  • Why did you choose your undergraduate major?
  • Discuss yourself.
  • What contributions would you make to a group?
  • Name three words or phrases to describe yourself to others.
  • What is most frustrating at work?
  • How would co-workers describe you?
  • Describe a typical work day.
  • Have you worked in a team environment? What were your contributions to the effort?
  • Discuss any experience you have had abroad.
  • How did you choose your job after college?
  • What do you do to relieve stress?
  • It's two years after graduation, what three words would your team members use to describe you?
  • Describe a situation where you brought an idea forward, and it failed.
  • How do you define success?
  • What would you do if a team member wasn't pulling his own weight?
  • Is there anything you would like to ask me/us?

Confused? overwhelmed? Well, I felt the same when I looked at this list for the first time. There is a subtle trick to the MBA application interview. You see, though most colleges ask questions from this pool, in most colleges some questions occur in higher frequency compared to others. Going through interview experiences in websites like accepted.com can help you prepare for application interview from each college.