Thursday, April 19, 2012

Harvard MBAs to Sell Admissions Essays

A startup  by six Harvard Business School (HBS) MBAs will start a service MBA Bee to sell HBS application essays written by candidates recently admitted to the school, and is targeting international, military or other nontraditional backgrounds the same kind of access to information that counterparts from more traditional backgrounds like finance and consulting more typically have, say its founders. 

MBA Bee will build a database of successful essay sets which potential applicants can then buy according to key criteria that matches their own, such as career experience, age, and whether they are an international or domestic applicant. Initially fellow classmates willl surrender their own actual application’s essays for free, though they would consider a revenue-share agreement if it allowed them to build out the business and expand to other top schools, they told P&Q.
 
MBA Bee last month launched its first website, ArmedForcesMBA.com, where it will target military applicants, selling separate sets of essays from successful HBS applicants from each the Army, Air Force, Coast Guard, Marines Corps and Navy. The selling price will be $100 per set, though they are available now for a special introductory offer of $50.

Though not officially endorsed by the school, the new essay-selling startup is an outgrowth of HBS’s recently revised MBA curriculum, in which student teams receive seed money from the school to create and launch a new product or service development project, P&Q reports.

Source: CNN

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