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730 GMAT with a unique background. (Application Advice)

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730 GMAT with a unique background. (Application Advice) [#permalink] New post 23 Jan 2014, 13:59
I am in a strange situation.

I am 24 and currently a 2L at R 50-70 law school. I am doing well there: 3.4 GPA - top 20% of my class. However, I have decided that I would really like to get into management consulting or I Banking. I have the option to do a dual degree with the school I am currently enrolled in (also R 50-70) which would entail me doing the MBA in 1 year after this semester and then finishing my 3L year there. The perk would that I will have a full or almost full scholarship there.

However, I would love to get into management consulting at a firm like McKinsey, Bain, or Deloitte. So perhaps it would be worth it to finish law school and then cough up the extra 80-100k of debt to go to a top 10 or a top 20 school. I am not sure if it is worth it financially, especially considering I am already going to be around 120k in debt out of law school. Furthermore, I am not even sure as to my chances of getting into any particular school. I am willing to go anywhere for a job, but would prefer to remain in the Southeast. Please help! Thanks :)

Where I'm thinking of applying:
Top 10, Vanderbilt (they have already waived my tuition fee and promised an interview in the next month), Emory, Duke, Virginia

My stats coming out of law school:

GMAT 730 96%- 44V 98% - 47Q 70%
J.D. from a tier 2 school with a 3.4-5 GPA, top 15-20% - Extracurriculars: National Trial Team, Student Success Leader, VP of law fraternity,
Undergrad at a non-top100 private school (in the top 20 in the south.) Major Biology- GPA 3.4- Extracurriculars- Student government senator
Work Experience: Taught middle school science for 1 year out of college before law school.
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Re: 730 GMAT with a unique background. (Application Advice) [#permalink] New post 27 Jan 2014, 07:22
Free is better than paying 80-100k. Even if you move to a top tier school the chance of working for any of MBB is still incredibly difficult so why not stay where you are and get your MBA for free?
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Re: 730 GMAT with a unique background. (Application Advice) [#permalink] New post 27 Jan 2014, 23:48
Expert's post
fergsonfire wrote:
Free is better than paying 80-100k. Even if you move to a top tier school the chance of working for any of MBB is still incredibly difficult so why not stay where you are and get your MBA for free?



I'm afraid I don't really agree….I mean yes, getting into MBB is still tough, but go to HBS and you have a real chance, whereas go to a rank 70 MBA and you have close to zero chance. Which brings up the question, manderson, if this is truly your goal, why are you considering doing an MBA at your current school? You would get the diploma, but is it really bringing you closer to what you want? (and maybe the answer is yes… but at least consider the question).

On the other hand, if you are going to wait it out, and try for a Top 10 school down the line (no guarantee in of itself that this will happen) you will need to work 2-3 years first. So what would you do? what are your prospects?
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Re: 730 GMAT with a unique background. (Application Advice) [#permalink] New post 28 Jan 2014, 08:03
JonAdmissionado wrote:
fergsonfire wrote:
Free is better than paying 80-100k. Even if you move to a top tier school the chance of working for any of MBB is still incredibly difficult so why not stay where you are and get your MBA for free?



I'm afraid I don't really agree….I mean yes, getting into MBB is still tough, but go to HBS and you have a real chance, whereas go to a rank 70 MBA and you have close to zero chance. Which brings up the question, manderson, if this is truly your goal, why are you considering doing an MBA at your current school? You would get the diploma, but is it really bringing you closer to what you want? (and maybe the answer is yes… but at least consider the question).

On the other hand, if you are going to wait it out, and try for a Top 10 school down the line (no guarantee in of itself that this will happen) you will need to work 2-3 years first. So what would you do? what are your prospects?


Thanks to you both. I appreciate the advice/opinions.

Unfortunately, that is the problem. There are no guarantees as to what I will do over the next 2-3 years after finishing law school. I may be able to get a position as an attorney in commercial litigation, startups, bankruptcy or something similar, but I may not. I may be able to get a position at a smaller consulting firm, but I may not. It is hard to say. Worst case scenario, I may end up taking appointments in criminal court. It is too tough to say what offers, if any, I will be able to receive.
Re: 730 GMAT with a unique background. (Application Advice)   [#permalink] 28 Jan 2014, 08:03
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730 GMAT with a unique background. (Application Advice)

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