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Letters of recommendation are a crucial part of your business school application, as they provide an outsider's perspective that is taken seriously by the admissions committee. Recommenders often have more word count than applicants' essays, emphasizing their importance. If a recommender asks you to write your own letter, it is a bad idea as it lacks objectivity and authenticity. Watch the video by Jeremy Scheinwald from MBA Mission for more insights on how to handle this situation.