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Graham, co-founder of Clear Admit, welcomes viewers to the application overview series, emphasizing that this recording serves as a resource for future reference, eliminating the need for note-taking. He introduces guests, starting with David Simpson, Admissions Director for the MBA and Masters in Finance programs at London Business School, and Valeria Beanz, Associate Director for Evaluation at Stanford's Graduate School of Business. Both guests express their enthusiasm for participating in the discussion.