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I am 30 years old and getting close to finishing up my applications for 2011 entry by which time I will be 31.
This might seem like a silly question but is 33 too old for an MBA graduate?
My other question which may help in answering the first is that I am researching 3 or 4 post-grad roles and was wondering if any of you had any advice or feedback. Consider that I will be married by the time I start my MBA and would like to start having kids when I graduate (Within a year of graduation).
I am looking at 3 areas:
Management Consulting Private Equity - Some kind of Associate role Hedge Fund - Associate or Equity Research
Are these roles a fit lifestyle wise for someone married and about to have kids and would my age work against me?
what's your background? anything beyond 28-29 will make it really difficult to get into a Top 3 school unless you've served in the military, trained as a doctor, or something that requires extensive training and commitment. naturally the positions you're interested in will normally recruit at those types of schools.
i recommend you look through profiles on linkedin and various PE/HF firms that have their team members' profiles posted on their websites. look at their avg graduation date for the positions you're interested in (i.e. associate) and what type of educational and professional background they bring. if you fit in the mold, then there's a good chance it can work. if you don't, and aren't delusional, then you should reconsider what career you want.
I disagree with kb798. While some schools (e.g. HBS) do seem to have a strong preference for younger applicants, at many schools the average and median age is 28, so while being 31 at entry is on the older side of the spectrum it's not unheard of. I know of several people in my class, who aren't military or doctors or anything like that, who were 30 or higher at entry (or turned 30 shortly thereafter). Bottom line is if you think a FT program is the right move for you, and can clearly explain why you need an MBA at this stage in your career than you should go for it. You can always apply to an EMBA later on since the age range for that is higher.
In terms of your question about careers for a new parent, seems like the three paths you mentioned are all pretty heavy workloads. Consulting especially would be difficult as not only are the hours tough but there's a significant amount of travel involved with most projects so you won't be around much during the week to help out. So if you do choose to pursue these fields your partner better be on board that they'd have to pick up a good amount of the kid-related workload.
I did go onto the websites and see the age ranges but wanted a view from these ranks!
I need to think about some things along this MBA journey but I guess this takes me onto my next question...
If I looked to stay in the Corp Finance world, an MBA is still a requirement per se - to move up the ladder I'll need an MBA - I'm already at the level where jobs are starting to ask for it would 'prefer' it. What's my selling point to a top program for staying in my current field aside from the above. I can use the traditional tirade of answers they likely get of being immersed with people from different backgrounds and experiences but what makes them want me when my goal is to go back into the field I am in with the MBA just being a tool to get me higher?
if you want to stay where you are, then you should consider PT vs. FT. if your company sponsors you, it's a strong, compelling reason for any PT mba program to take you in.
if you're looking to get the brand name, then it comes down to domain expertise in your field, how you can contribute to the class, how diverse you are in terms of interests, and clarity in future goals. i understand that it's challenging to come up with a strong case to take you in if you don't feel like you have the "wow" factor. however, everybody is different and no two people are alike. this where thinking deep and reaching far into yourself comes into play when crafting your application package together.
also, most people don't do what they say they will in their essays. some flat out lie, some play the gray area.
I have a lot of friends who were in their early 30s when starting school. They did very well recruiting for corporate rolls since these companies tend to value experience more than banks and MC firms do. Getting into HF or PE without prior experience is very tough for anyone. However, if you want to have a family MC might be a lot harder on you than a corporate job. I travel a lot for work in my current roll and couldnt imagine how hard it would be if I had kids.
Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond. GMAT Club Premium Membership - big benefits and savings
My plan is to concentrate on the GMAT and get that done and then turn my attention to really deciding on whether I should do a full-time MBA or Exec MBA. I will apply for full-time to start with and see where that takes me!
Thanks again for all your help. Back to my GMAT questions!
Re: Age, Jobs...questions!
11 Dec 2010, 09:13