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Weekend Updates(July 2nd, 2022): MIT and Stanford MBA out with Deadlines and Essays

Welcome to F1GMAT's weekend updates for the week ending July 2nd, 2022. I am Atul Jose. 

Top MBA programs that have released the essays and deadlines for the 2023 entering class or the 2025 graduating class during the first week of July include Stanford Graduate School of Business and MIT Sloan School of Management . 

Related: F1GMAT's Stanford MBA Essay Guide | MIT Sloan MBA Essay Guide

The deadlines for Stanford MBA are 1st Round: 13th Sep 2022, 2nd Round: 5th January 2023, and 3rd Round 11th April 2023. 

MIT Sloan also has three deadlines with Round 1 on September 29th 2022, Round 2 on January 18th 2023, and Round 3 on April 11th 2023.

Stanford has stuck with two essays that have been a regular feature over the past 7 years. Essay 1 is “ What matters most to you and why.” This is a 650-word essay. For this essay, you must cite experiences, perspectives about life and quote people who had a huge influence over you both professionally and personally. 

Essay 2 is Why Stanford. This is a 400-word essay where you must cite the Stanford GSB experience and connect with how the experience will help you reach your career and personal goals. 

Unlike the open-ended nature of the Harvard MBA application, Stanford, in addition to the Why Stanford 400-word essay, also has one 200-word optional essay. The question is, “Think about times you've created a positive impact, whether in professional, extracurricular, academic, or other settings.

What was your impact? What made it significant to you or to others?”

There is also another 200-word question under the Personal Information section. This is applicable to those who come from an underrepresented group of ethnicity, race, socioeconomic background, and gender. 

The question is, “We know that each person is more than a list of facts or pre-defined categories. With this question, we provide you with an optional opportunity to elaborate on how your background or life experiences have helped shape your recent actions or choices.”

MIT Sloan has also stuck with a format that has become an effective tool in shortlisting applicants with strong leadership potential without making the narrative all about a superficial definition of leadership. To do that, the school has continued with a cover letter and a 1-minute introduce yourself to the class video statement.

The 300-word or few cover letter prompt goes like this. 

“MIT Sloan seeks students whose personal characteristics demonstrate that they will make the most of the incredible opportunities at MIT, both academic and non-academic. We are on a quest to find those whose presence will enhance the experience of other students. We seek thoughtful leaders with exceptional intellectual abilities and the drive and determination to put their stamp on the world. We welcome people who are independent, authentic, and fearlessly creative — true doers. We want people who can redefine solutions to conventional problems and strive to preempt unconventional dilemmas with cutting-edge ideas. We demand integrity and respect passion.

Taking the above into consideration, please submit a cover letter seeking a place in the MIT Sloan MBA program. Your letter should conform to a standard business correspondence, include one or more professional examples that illustrate why you meet the desired criteria above, and be addressed to the Admissions Committee (300 words or fewer, excluding address and salutation).”

The 2nd deliverable is the 1-minute video. The prompt goes like this 

“Introduce yourself to your future classmates. Here’s your chance to put a face with a name, let your personality shine through, be conversational, be yourself. We can’t wait to meet you!

Videos should be  •    No more than 1 minute (60 seconds) in length •    Single take (no editing)  •    Speaking directly to the camera •    Do not include background music or subtitles

That is the update for this week. Subscribe to F1GMAT's Winning MBA Admission Tips Podcast for Business School and admission-related tips, analysis, strategies, and news. I am Atul Jose. 

If you want help with school selection, career planning, essay editing, and review or mock interview service, you can visit F1GMAT Store , or you can reach me - Atul Jose through LinkedIn

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Elektrostal

Our editors will review what you’ve submitted and determine whether to revise the article.

Elektrostal , city, Moscow oblast (province), western Russia . It lies 36 miles (58 km) east of Moscow city. The name, meaning “electric steel,” derives from the high-quality-steel industry established there soon after the October Revolution in 1917. During World War II , parts of the heavy-machine-building industry were relocated there from Ukraine, and Elektrostal is now a centre for the production of metallurgical equipment. Pop. (2006 est.) 146,189.

Current time by city

For example, New York

Current time by country

For example, Japan

Time difference

For example, London

For example, Dubai

Coordinates

For example, Hong Kong

For example, Delhi

For example, Sydney

Geographic coordinates of Elektrostal, Moscow Oblast, Russia

Coordinates of elektrostal in decimal degrees, coordinates of elektrostal in degrees and decimal minutes, utm coordinates of elektrostal, geographic coordinate systems.

WGS 84 coordinate reference system is the latest revision of the World Geodetic System, which is used in mapping and navigation, including GPS satellite navigation system (the Global Positioning System).

Geographic coordinates (latitude and longitude) define a position on the Earth’s surface. Coordinates are angular units. The canonical form of latitude and longitude representation uses degrees (°), minutes (′), and seconds (″). GPS systems widely use coordinates in degrees and decimal minutes, or in decimal degrees.

Latitude varies from −90° to 90°. The latitude of the Equator is 0°; the latitude of the South Pole is −90°; the latitude of the North Pole is 90°. Positive latitude values correspond to the geographic locations north of the Equator (abbrev. N). Negative latitude values correspond to the geographic locations south of the Equator (abbrev. S).

Longitude is counted from the prime meridian ( IERS Reference Meridian for WGS 84) and varies from −180° to 180°. Positive longitude values correspond to the geographic locations east of the prime meridian (abbrev. E). Negative longitude values correspond to the geographic locations west of the prime meridian (abbrev. W).

UTM or Universal Transverse Mercator coordinate system divides the Earth’s surface into 60 longitudinal zones. The coordinates of a location within each zone are defined as a planar coordinate pair related to the intersection of the equator and the zone’s central meridian, and measured in meters.

Elevation above sea level is a measure of a geographic location’s height. We are using the global digital elevation model GTOPO30 .

Elektrostal , Moscow Oblast, Russia

Fellowships

Harvard mba total cost (single vs. married) and funding details.

In this in-depth analysis of the Harvard MBA Total Cost, we cover: 

Stanford MBA Total Cost (Single vs. Married) and Funding Details

In this in-depth analysis of the Stanford MBA Total Cost, we cover: 

Haas MBA Total Cost, Scholarships, Fellowships, Loans and Funding Tips

Berkeley Haas MBA is one of the rare MBA programs that have kept the cost increases to low to moderate levels . 

In this in-depth cost breakdown of Haas MBA and funding tips to cover the $230,000 to $250,000 total expenses, we cover:

Kellogg MBA Total Cost, Scholarships, Fellowships, Loans and Funding Tips

In this in-depth analysis of Kellogg MBA Total Cost, Cost Comparison 2024 vs. 2023, scholarships, fellowships and loans, we cover:

MIT Sloan MBA Total Cost and Funding Tips

MIT Sloan c ost hikes have been low to moderate , but as is with other M7 MBA program , the costs have crossed $250,000 mark for the class commencing their MBA in 2024-2025.

In this in-depth analysis of MIT Sloan MBA Total Cost and the funding options available, we cover: 

London Business School MBA Cost Breakdown and Funding Tips

In this in-depth total cost analysis and funding tips for London Business School MBA program, we cover:

Cornell MBA Total Cost and Funding Tips

The total cost of the Cornell MBA Program for two years is $222,872, whereas the first year cost is $111,436. 

Total Cost (Cornell MBA) (1 Year)

The student activity fee, health cost, and administrative fee for the two-year MBA in Ithaca are among the required payments for the first year of the student's MBA program.

The total cost for one year, i.e., $111,436, covers Tuition ($83,106), Student Activity Fee ($110), Housing and Food ($19,428), Books and Supplies ($2,650), Health Fees ($550), Miscellaneous ($2,398) and Transportation ($3,194).

Duke Fuqua MBA: Total Cost and Funding Tips

Duke fuqua mba cost breakdown.

Tuition Fees (Duke Fuqua MBA) (1-Year)

For the academic year 2024-25, Duke Fuqua’s tuition fee has increased by 3.9% to $77,925, which takes the total cost to $110,826 after adding all the other expenses. The total cost of the Duke Fuqua MBA Program is $221,652.

Darden MBA Total Cost and Funding Tips

Darden mba cost breakdown , tuition fees (darden mba).

The tuition fee for one year of the MBA program at Darden is $78,700 for the Virigina residents, $81,700 for non-Virginia residents, and $81,940 for international students. Apart from the tuition fees, $1,100 Darden MBA Case Fee applies to all MBA students.  

Joseph Wharton fellowships: $50,000 Fund Per Semester (Highly Competitive Fellowship)

Joseph Wharton Fellowship is named in honor of Joseph Wharton, the founder of the Wharton School. These fellowships are bestowed upon students with exceptional records of academic, personal, and professional achievements with an emphasis on academic merit.

Who is the typical beneficiary of Joseph Wharton Fellowships?

The Joseph Wharton Fellowship is a merit-based scholarship program available to all international students interested in pursuing a Master of Business Administration at the University of Pennsylvania Wharton Business School. 

ROMBA MBA Fellowship - $20,000 Fund for LGBTQIA (70+ Schools)

ROMBA, established in 1999, welcomed 100 LGBTQ+ students across all the partner business schools in its first-ever Reaching Out MBA (ROMBA) conference. 

Reaching Out inaugurated a ROMBA Fellowship in 2015, which has now grown to include 70+ top business schools from around the world. This competitive fellowship is given to MBA students who have shown academic excellence as well as leadership in the LGBTQ+ community. 

ROMBA Fellows join a robust and diverse business network of 15,000+ peers and alumni, in addition to financial support from member schools.

BOLD Fellows fund: Stanford MBA's Fund for Low-Income Family

The main aim of the BOLD Fellows Fund is to provide financial assistance to students facing socio-economic hardships and further establish Stanford’s commitment to advancing diversity, equity, and inclusion.

The fund is a part of the IDEAL (Inclusion, Diversity, Equity, Access in a Learning environment) initiative that Stanford started in 2018 and began addressing with a strategic plan since 2021. 

The students admitted to the Stanford MBA program are only eligible for this fellowship program. 

Toigo MBA Fellowships: For Minority MBA Entering Finance (Explained)

The Toigo Fellowships have supported minority US MBA candidates entering the Finance industry for the past 30 years. 

With an alumni network of over 1300 professionals, the Toigo Fellowship, synchronized with a two-year MBA experience, features a curriculum structured around a fall commencement and a summer internship between the two years. 

Since the application process of most of the US-based schools coincides with the Fellowship, applicants can apply before getting accepted to an MBA program. 

What is the total cost of Chicago Booth MBA?

Chicago booth mba cost breakdown, tuition fees (booth mba).

Chicago Booth MBA's tuition fee for a single academic year in 2024-25 is $84,198, and for the total MBA program, the tuition fee is $168,396, which saw an increase of 4% from 2023. 

What is the total cost of Wharton MBA?

Wharton mba cost breakdown, tuition fees (wharton mba) (1-year).

The first-year Wharton MBA tuition fee is $84,830 whereas the tuition fee for the second year is $83,830. 

The Jefferson Fellowship Program – Darden MBA’s $180,000 Award

Established in the 1990s, the Jefferson Fellowship Program shortlists outstanding candidates from around the world who exhibit strong leadership qualities. 

The Jefferson Scholars Foundation's measures look closely at instances of ethical leadership, diplomatic intervention and decisive action, a proven ability to translate ideas into action, and a stellar academic record. 

Oculus Fellowship – The Full-Tuition Award at Darden (Merit-Based)

The Oculus Fellowships, started in 2020-21, recognizes exceptional leadership potential and academic competence in applicants. 

Named after the Oculus, the circular opening in the dome of the hall, the fellowships symbolize the impact of the presence of enlightened students in the university and the MBA program.  

Similar to most cohort-based fellowship programs, Oculus fellows enjoy exclusive access to famed Darden alum and receive mentorship from senior leadership and benefactors to the Oculus Fellowships.

Batten Media Fellowships at Darden MBA: US Nationals (Merit Based)

Established in 1988 by Frank Batten, the founder of The Weather Channel and the former chairman of the Associated Press, the Batten Media Fellowships at Darden MBA aims to provide professionals with at least three years of experience in the news media with the opportunity to pursue an MBA. The program has welcomed Batten Media Fellows from renowned media outlets, such as ABC News, CNN, National Geographic, and The Washington Post. 

Yale MBA: Total Cost & Funding Tips

Yale mba cost breakdown, yale mba - tuition fee.

The tuition fee for the full-time MBA program at Yale is $84,900 for the 2024-2025 incoming students. The total tuition fee required for two years is $119,110, including the one-time program fee of $500. 

Total Cost (Yale MBA) (1 Year)

What is the total Amount for Zuckerman Fellowship?

Zuckerman fellowships are targeted for MIT Sloan MBA candidates who are pursuing a public service degree from Harvard Schools.

Initiated by Mort Zuckerman in 2004, the fellowship covers public service degrees at Harvard Graduate School of Education, Harvard T. H. Chan School of Public Health, or Harvard Kennedy School.

What is a Legatum Fellowship?

Legatum fellowships – amount, number of awards and criteria.

Legatum Fellowships are targeted for students interested in starting a venture in an Emerging market. Since the establishment of the Fellowship, 300 MIT Fellows have benefited from it.   

What is Duke Fuqua MBA Case Assistance?

Duke University's Fuqua School of Business founded the CASE Program in 2001 to study and share best practices of social entrepreneurs specializing offering solutions in social and environmental issues.

Wharton MBA Emerging Economy Fellowships – Amount and Criteria

To apply for the emerging economy fellowship, applicants must use the Wharton Business School's standard online application process.

Amount: Full Tuition Fee plus additional support for education-related expenses and a living allowance.

What is the total cost of Columbia MBA?

Columbia mba - cost breakdown, columbia mba - tuition fees, harvard mba - scholarships, fellowships, loans and financial aid.

The third part of the Harvard MBA series covers scholarships, fellowships, loans, and financial aid. Read the first part – Harvard MBA Class Profile Trends and Total Fee , and the second part – Harvard MBA Curriculum Analysis .

F1GMAT's Essay Editing and MBA Application Review Service - Start the Journey to M7 and Top 20 MBA 

"It feels like a dream. I would have never imagined to even target Harvard MBA if it was not for Atul's encouragement. A true champion of the applicant" - Harvard MBA

"What I like the most about Atul's Editing is his willingness to listen and consider my words before suggesting alternatives. Most consultants give recommendations with no room for debate. The crazy hours he puts into making the essay perfect is another quality that makes F1GMAT different. I went back and forth with him for nine versions of the Stanford Essay. I didn't pay anything extra for the additional edits. Highly recommend the review service. Ask for the three school bundle service" - Stanford and MIT Accepted (Stanford MBA)

"The extensive evaluation of my profile, along with intense debate on the possible career paths, made discussions with Atul an enlightening experience. He knows what he is saying and uses data to support the case. The Q&A for the impact table is another part of the service that opened my eyes to a couple of career paths. But the most useful service is the editing. After writing and self-editing the Wharton MBA essay, I couldn't shorten the length. Atul cut the words without losing the storytelling qualities of my essay." - Wharton MBA

"The Responsiveness of Atul's Editing, the IMPACT table and the color coded comments were the differentiating value proposition I experienced while receiving help for my essays.The process made my writing and editing much easier" - Columbia & Booth Accepted (Chicago Booth MBA)

"Atul is a brilliant strategist and editor. He recognized my weakness and communicated them in an honest way without ever putting me down. The balance of practicality and encouragement helped me set the right expectations and focus all my efforts on European schools as my post-MBA goal had much better recall when we quoted opportunities in the UK and Germany." - LBS MBA

"I am an aspiring Entrepreneur who found Yale's Integrated curriculum to be the best preparation for the complexity of a fast-paced global market. While communicating my drive for entrepreneurship in the essay, I couldn't encapsulate who I was and the biggest commitment I made. An event from childhood that Atul brought out from me became the opener that completed the missing piece for my story" - Yale MBA

"Thank you for breaking down the culture at Haas for me. It really helped me approach the essays with fresh eyes. Your editing style is much appreciated as I was apprehensive that my voice would get stifled with each edit. You took my best phrases, put the magic of your words and created a pitch that the Haas MBA admissions team accepted!" - Haas MBA

Why Work with Atul Jose - The Founding Consultant of F1GMAT?

I wrote a 1200-page Winning MBA Essay Guide just to avoid writing about myself.

My writing & editing (if you have read F1GMAT's blogs and F1GMAT Premium), and Sample Essays (F1GMAT's Essay Guides) should speak for itself.

Let me give it a try.

I was an engineer in the Technology industry.

I hated it - the culture and the isolation from real people.

It felt like I was working for an invisible power that gave me cookie crumbs for doing digital labor.

MBA and MBA applications became an escape from the drudgery.

Like most of you who are pivoting to accelerate your career or switch industries, I also applied to an MBA and got admit to an MBA focused on Entrepreneurship.

I chose to start F1GMAT instead.  

This was way back in 2009.

I hosted consultants, GMAT prep companies and schools to share about the application process and the program. Soon, I realized that there is a big incentive problem when you are a platform and views/reads are the primary focus and not the focus on helping the applicant. 

I began helping applicants through M7 school application and when a client shared a heartfelt thank you note, I knew that F1GMAT could serve a more meaningful purpose by directly helping applicants. 

I pivoted to turning F1GMAT from a platform to an admissions consulting company with just one mission: 

"To help MBA and Master's applicants make the right career, school selection, essay writing, funding and interview preparation decisions".

I also began to write like a madman.

Then, very few Consultants wrote Sample Essays.

I only focused on writing Essays and research articles.

It is strange what you become when you do one thing with passion for over a decade.

I don't know about the 10,000+ hours.

I wrote short stories in my 3rd grade.

I had a personal blog in 2006, observing people's escapades from reality.

I could capture emotions and perspectives about life from different cultures, ethnicity, socioeconomic backgrounds, personalities, and genders.

It was like feeling deeply connected to another person and living the world through their eyes.

That is the fun part of writing Essay Guides, Research articles, and Editing Client Essays for me - to see the world from your perspective.

Great Lines = Admit?

Just writing great lines and editing essays into perfect prose doesn't translate to wins in competitive M7 and T15 MBA Admissions.

You should be deeply aware of your Personal Brand and what schools value.

What is your Personal Brand?

Personal branding is not the politician-style manicured version of yourself but stories from your life that give a structure to your journey.

I can't put a word to it. It is like casting choices in popular movies. There are certain roles only one actor can play.

Your narrative should feel like a journey that only you could have traversed.

So why work with me?

MBA Application is 40% branding and 60% writing.

You can't skip on either of the two.  

Writing requires practice.

Editing is a different muscle.

As a Consultant who has edited and written every day for the past 15 years and a marketer who has built multiple brands, I am uniquely blessed to possess two skills - branding and writing.

My comments are not just edit comments about your writing but tips on improving your writing and expressions as well.

In some schools, you need to tone down the expressions, while in some, you need to accentuate them.

The copy-paste strategy won't work in competitive M7 and T20 schools.

Start the Journey to M7 and T20 Schools by saying hello through F1GMAT's Contact Form or you can directly subscribe below

MBA Essay Examples - M7 and T20 Business Schools

Ross MBA Essay Guide (2024 Entering Class)

Short-answer questions: Select one prompt from each group of the two groups below. Respond to each selected prompt in 100 words or less (<100 words each; 200 words total).

I want people to know that I:

I made a difference when I:

I was aware that I was different when:

Prompt 1: I want people to know that I    Sample MBA Essay: Finance Professional who was a former member of a rock band (89 Words)     Sample MBA Essay: Marketing Professional with a hidden talent to do Impression (80 Words)     Sample MBA Essay: Life Philosophy through the prism of an Entrepreneurial failure (88 Words)     Sample MBA Essay: Overcoming the Fear of Speaking in front of an Audience (97 Words)     Sample MBA Essay: Communicating Inconvenient Truth (99 Words)   

Prompt 2: I made a difference when I    Sample MBA Essay: Consulting for a Pharma Giant (Made a Difference) (97 Words)     Sample MBA Essay: Three-Level Sanitation Campaign (95 Words)     Sample MBA Essay: Water Conservation Kit (84 Words)     Sample MBA Essay:  Book Donation and Its IMPACT (91 Words)     Sample MBA Essay:  Parental Leave and Flexible Time (96 Words)   

Prompt 3: I was aware that I was different when    Sample MBA Essay: I am aware that I am different (Leadership and Culture) (91 Words)     Sample MBA Essay: I am aware that I am different (Technology Project and Last-minute change) (91 Words)     Sample MBA Essay: I am aware that I am different (Making Business metrics relevant to a Creative team) (83 Words)     Sample MBA Essay: I am aware that I am different (Feedback seeking) (81 Words)     Sample MBA Essay: I am aware that I am different (Challenging Established Way of Thinking) (100 Words)   

I am out of my comfort zone when:

I was humbled when:

I was challenged when:

Prompt 1: I am out of my comfort zone when  Sample MBA Essay: Out of my comfort zone(extra-curricular) (85 Words)     Sample MBA Essay: Out of my comfort zone (Daily Science Show) (100 Words)     Sample MBA Essay: Simplifying Operations for Manufacturing (extra-curricular) (88 Words)   

Prompt 2: I was humbled when  Sample MBA Essay: Losing client (96 Words)     Sample MBA Essay: Misreading Market Conditions (88 Words)     Sample MBA Essay: Strategic Planning vs. Tactical Dominance in Chess (93 Words)   

Prompt 3: I was challenged when    Sample MBA Essay: I was challenged when (Change in Scope) (100 Words)     Sample MBA Essay: I was challenged when (Team Failed) (98 Words)   

Ross MBA Pick One From Resume: Pick one thing from your resume and tell us more. (100 words)

Sample Essay – Pick One Thing from your resume and tell us more (Consulting for Small Business During COVID) (100 Words) Sample Essay – Pick One Thing from your resume and tell us more (Negotiating Design Changes – Cross-functional and Global communication) (100 Words)     Sample Essay – Pick One Thing from your resume and tell us more (Entrepreneurship) (100 Words)     Sample Essay – Pick One Thing from your resume and tell us more (Event Organization – During COVID) (99 Words)     Sample Essay – Pick One Thing from your resume and tell us more (First Job – Career Switcher BA in English to Investment Management) (100 Words)

Ross MBA Goals Essay

Sample Essay – Short-term Goals and why the goal is the right choice for you (Private Investment as a Tool for Change) (150 Words)     Sample Essay – Short-term Goals and why the goal is the right choice for you (Education to Consulting) (150 Words)     Sample Essay – Short-term Goals and why the goal is the right choice for you (Software Development to Sales to Marketing) (148 Words)   

Who Should Buy Ross MBA Essay Guide?

If your essay looks too bland , Ross MBA Essay Guide will show you, with examples, on how to use the elements of Storytelling like Incorporating "The Struggle", Using Emotional connectors, narrating the Journey and the use of Chronology, Vividness and Active Verbs to transform your essays.

If you are stuck in the Writing process, Ross MBA Essay Guide will show you how to silence the Analytic Mind and overcome mental blocks.

If you feel that the essays are not persuasive , Ross MBA Essay Guide will teach you how to use the W-Pattern narrative, Contexts, Turning Points and "The Show Don't Tell Approach" to write a Winning MBA Essay.

If you don't have enough leadership experience, Ross MBA Essay Guide will show you how to highlight non-obvious qualities like Trust, Focus, Listening Skills, Personal Responsibility, Humility, Self-Knowledge, and other secondary traits to prove your leadership.

If you don't know how to review your essays , Ross MBA Essay Guide will demonstrate how to improve readability with the power of iteration, and maintain your original voice by removing review biases.

If you want Sample Essays for Inspiration , Ross MBA Essay Guide has 31 Sample Essays covering a broad range of profiles, nationalities and post-MBA goals.

Entering Class: 2024

"I could capture sensitive topics in my essays because you showed me how to do it. So many choices and narrative styles to choose from. Thank you!" - Verified Purchase

"I don't write reviews too often. But this by far the best Essay Guide I've ever read. The approach to the essay is simple. Select life events, even the usual and create an interesting story around it. The examples on leadership and tutorials on storytelling were the most valuable for me " - Verified Purchase

"I struggled to write answers to Ross' characteristically short questions. There is a certain pizzazz to how you structure and add so many layers of information and stories in so little words. A masterclass in writing for Business School applications " - Verified Purchase