Below is the application essay that I wrote to get into the Yale School of Management to pursue my MBA.
Topic: What motivates your decision to pursue an MBA?
Business education in medical school is lacking. Fortunately, our school piloted a Business of Medicine (BOM) course to introduce health care business concepts such as Medicare reimbursement. As a BOM Research Associate and President of the Medical Business Association, I’ve realized that I still have a lot to learn. I hope to further my understanding of both health care and management at Yale SOM. I believe Yale’s raw case approach and team-oriented culture is much like medicine in which physicians, nurses, and others collaborate to analyze vast amounts of information to care for patients. Given the rigid format of clinical training, now is the perfect time for me to take a two-year leave of absence to attend SOM.
I also plan to expand beyond my SAT entrepreneurial endeavors at Yale. Having worked with technology in both education via an SAT e-learning platform and health care via a clinical informatics elective, I’m interested in how technology can disrupt current health care delivery models. Whether it’s through securing a YEI summer fellowship, collaborating with MBA Executive Leadership in Health Care Program, or developing solutions for emerging medical systems through an international experience, I plan to make my first leap into health care entrepreneurship at Yale.
Having experienced the challenges of working in a fragmented county health system, I plan to create the world's premier virtual medical group. By leveraging technologies such as HD videoconferencing, bluetooth stethoscopes, and robotic surgery, I hope to offer higher value care to underserved patients. Raising capital to finance this venture, directing a worldwide team of physicians, and negotiating with government agencies will require leadership and management competencies. After speaking with current students at recent campus visit, I am convinced Yale is the perfect place for me as a future health care leader and entrepreneur.
In college, I took initiative to write an SAT prep book. Unfortunately, most publishers dismissed my book proposal with one stating “I didn't find Shaan's writing or persona particularly engaging – he's not a great writer.” After losing hope for a book deal, I decided to leverage my material and use extra scholarship money I had saved as initial capital to launch 2400 Expert SAT Prep. The 376-point average score improvement in the pilot class confirmed my “easy-to-read” text resonated well with students. When McGraw-Hill saw what I was building, the acquisitions editor offered me a book deal. Ironically, what I had originally wanted didn’t become a reality until I took initiative elsewhere. I plan to take similar initiative at Yale by assuming leadership roles and creating new student organizations.
In medical school, I continued to take initiative by developing an online SAT course. But there was one central challenge: McGraw-Hill now owned the copyright to my material. While most online test prep providers said "it won't be possible to use that material in online SAT prep," Yale alumni Chad Troutwine and Markus Moberg used their business acumen to secure a creative licensing deal with McGraw-Hill that packaged my book with every Veritas Prep online course. Similarly, I plan to enhance Yale’s academic community by creating meaningful partnership opportunities for students. For example, I’d like to help Yale medical students learn the business of health care through a lecture series in which Yale MBA students present topics such as hospital operations and physician leadership. I hope cross- campus collaborations such as this will enrich the greater Yale community beyond Evans Hall.