Find all School-related info fast with the new School-Specific MBA Forum

It is currently 22 Oct 2014, 06:36

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

3 questions - French applicant

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Intern
Intern
avatar
Joined: 19 Nov 2010
Posts: 1
Followers: 0

Kudos [?]: 0 [0], given: 0

3 questions - French applicant [#permalink] New post 22 Dec 2010, 01:15
Hi Alex,
Like many others, I read often your answers, and I would like to have
your opinion about my profile.

Quick resume (not exhaustive :-) ) :
- French guy, 28 years old
- 4 years of pro exp in France : 3 years at one audit Big 4 (external audit, managing teams of 3-5 people after 2 years), and about 1 year at one world leader of cosmectics products (internal audit, having audited subsidiaries in
America, Asia, and so on)
- Graduated of one of Top 5 BS in France, including 6 months in Sweden (exchange program) and 6 months in Thailand (exchange program). GPA : average, nothing exceptionnal
- Main personal achievements : 1 month in Ivoiry Coast for scholarship sensibilization with a theatre play I wrote, 2 years in a college society helping poor children in France, 6 months as theatre teacher at university, and curretly having a blog of theatre critics
- GMAT : not yet obtained, I started to study and first evaluation from Kaplan test online : 620. I think I can get 700
- Other assets : I have 2 friends in Harvard, 2 in Insead, 1 in Columbia, I speak a bit Thaï

MBA wanted : Harvard, Columbia and Stanford
Pro aims : to work in Private Equity/hedge funds/venture capital for some years in the USA and then open my own fund in France (many retired people will sell their business in the coming years)

Questions :
- what are my chances to be taken in these schools ?
- what are my chances to be taken in these schools while applying in March 2011, which means 3rd round ?
- Do you have any information about financings (ferllowships) that we can really get in these schools ? Apparently for Columbia fellowship deadline is 5th January, but can we apply after ?

Thanks !!
Kaplan GMAT Prep Discount CodesKnewton GMAT Discount CodesVeritas Prep GMAT Discount Codes
MBA Admissions Consulting
avatar
Joined: 26 Dec 2008
Posts: 2428
Location: Los Angeles, CA
Followers: 72

Kudos [?]: 527 [0], given: 0

Re: 3 questions - French applicant [#permalink] New post 23 Dec 2010, 16:04
First, applying Round 3 is useless since you likely won't get your immigration visa in time for school. That's why US b-schools require international students to apply by the Round 2 / January deadlines.

Secondly, forget about fellowships -- from the school's perspective, you're wanting to attend their b-school so you can hope to get a job where you're making a shi*tload of money, and you want them, an American school to give you a non-US citizen a free education? That's asking a bit much. It's not going to happen, unless you are an exceptional candidate with a unique background (also, it's not like the schools have fat endowments at this point, since a chunk of the market value got wiped away after the credit crisis in 2008). While you have a solid professional profile that won't be out of place at all at most top b-schools (Columbia, Booth, Kellogg, etc), the chances of a top b-school giving out free money to accountants in this kind of economy is slim to none.

Thirdly, I think you're underestimating your chances in reaching those career goals right after school. Unless you from a wealthy family with connections (i.e. you have access to family who have the means to invest millions in funds as LPs/investors), your chances of getting into PE/VC/HF (when these very different three sectors are mentioned in the same breath, it's code word for "buyside jobs that pay a sh*tload of money) straight from accounting are pretty much zero, unless you're planning on working purely as their accountant (i.e. you're not the one actually doing the deals). If you want to work in any of these sectors, you need to work in the US first in traditional finance jobs - for PE, it's investment banking (M&A or lev fin groups). For HF, it's sales/trading or investment banking. For VC, it's being an extraordinarily successful entrepreneur and/or having a lot of executive experience at a tech company. You have a solid background, but given your professional background, you'll have very little to offer any of these funds at this point compared to the slew of other MBA candidates with relevant pre-MBA experience. Of course, if you have personal connections and/or you're blue blooded, then that's a different story.

Finally, you need to focus on the GMAT before asking what your chances are. If your GMAT is below 700, your chances are going to be a stretch at any top b-school. If it's above 700, schools like Columbia, Booth and Kellogg are stretches, and schools like NYU, Yale, Cornell, Ross, Duke, Darden, UCLA and Haas are more sweet spots. Harvard and Stanford are going to be long shots - of course, your chances are zero for sure if you don't apply at all, but just note that should you apply, just know that it's going to be a lottery ticket.
_________________

Alex Chu
alex@mbaapply.com
http://www.mbaapply.com
Follow me on Facebook

Re: 3 questions - French applicant   [#permalink] 23 Dec 2010, 16:04
    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic Question: student life in HEC - for non-french speaker Desley1 9 15 Jan 2014, 00:17
1 Experts publish their posts in the topic Which school for a French applicant: HEC or IE falleninadream 14 07 Aug 2013, 05:53
Experts publish their posts in the topic French Applicants lepatron 2 03 Jul 2013, 13:44
Anyone applying to French business schools? SAI Application mpness 0 01 Aug 2012, 17:49
Calling All French Fall 2011 Applicants (en français) rid82 7 10 Sep 2010, 21:21
Display posts from previous: Sort by

3 questions - French applicant

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.