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

It is currently 22 Oct 2014, 21:28

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

Am I OK?

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Intern
Intern
avatar
Joined: 20 Oct 2011
Posts: 8
Location: United States
Concentration: Entrepreneurship, Marketing
Schools: CBS '14
GMAT 1: 710 Q49 V39
GPA: 2.5
WE: Investment Banking (Investment Banking)
Followers: 0

Kudos [?]: 5 [0], given: 0

Am I OK? [#permalink] New post 20 Oct 2011, 07:19
Hey Paul,

I was hoping you could give me a little guidance. My profile is probably a little different from most.

SO I am 29 and Australian. Will be 30 early next year. Now this may or may not be a good thing to say when applying, but I've taken a couple of extra years to work out what I want to do career wise.

So I graduated from Sydney University (top tier Australian university) in mid 2004 with a bachelor of economics. I had 3 majors (finance, econometrics and economics). My grades well, how can I say, terrible.

In September 2004, after I began working at Macquarie Bank, a International investment bank, based in Australia (the largest Australian IB, ~28,000 staff and np of $1b an)

I worked there for 4 years, promoted twice. I did some M&A work, helped start a couple of businesses (such as a taxi network / payments business etc --> you can look that one up as it got allot of press here "lime taxis"), helped work on a few structured products, and some property transaction. Basically I'm very solid when it comes to evaluating businesses, M/A, strategy and valuation etc - the core skills of IB) I left in late 2008 on my own free will. I then travelled a bit, and tried to start my own business, but never went through with it. Something I plan to do post MBA.

I started a Masters of Economics at the beginning of 2010, and my grades this time were great, GPA equal to 3.75 or maybe higher. But I only did one semester full-time, and then I started work for another company.

I worked for a former colleague of mine from Macquarie Bank, in a small lobby group. Well actually it’s not so small for a lobby group, Nationally it would have maybe 50-60 staff. 12 in NSW where I was. Initially I began as a consultant, working on a specific submission to the NSW government, after a while, a manager there left, and I was offered the job as manager of policy in NSW, however, I only worked in this capacity until September this year, as I realised it wasn't for me and wanted to get into private equity. I could probably try straight away, but I want to do an MBA first. Allot of my past skills and jobs are related.

I did the GMAT 2 weeks ago and got 710 87th % verbal 85th % quant 92% overall

I plan to do it again in 2 weeks, since I only finished 85% - 90% of the questiojns and was not thinking very clearly during it. I'm sure I can do better. 5 on the AWA. (as a side question, do i need to go higher than 710)

Ofcourse I would like to get into a top school, I don't want to and I won't settle for second best. If I can't get into a top school in the US, I will look at ASIA. Do you think I will stand a good chance??

Thank you very much for taking a look at my profile.

Cheers
Kaplan GMAT Prep Discount CodesKnewton GMAT Discount CodesVeritas Prep GMAT Discount Codes
Expert Post
MBA Admissions Consulting
User avatar
Joined: 25 Jan 2010
Posts: 840
Followers: 51

Kudos [?]: 181 [0], given: 195

Re: Am I OK? [#permalink] New post 05 Nov 2011, 03:39
Expert's post
Hey drob2689:
If I understand correctly, you want to know if you stand a good chance at a top US school. Based on the info you gave me, the no-BS answer is probably "no."

However, I do not believe that I have a complete picture. So I do have some questions.

Did you finish your Masters program? If not, will you finish? When?

What did you do from the end of 2008 to the beginning of 2010? Was it all travel? Did you volunteer? Develop your skills in any sort of meaningful way? How far did you get with respect to your b-plan? I know you quit on your own free will, but why?

The work experience you do have is excellent. I am very familiar with Macquarie. I have several friends who work or have worked there and they all describe a very formative, tough and possibly rewarding work culture.

Right now, the picture you are painting is of a person who can't finish ... a smart guy who is well meaning and can make an impact, but won't deliver in the 4th quarter. There are a lot of zigs and zags - whether or not you can punch the ball into the end zone is important because the adcom needs to know you are not grasping at straws. That is, b-school is a planned and pre-meditated venture, not an escape hatch. Now I might be off with how you execute in the real-world, but on your app, do not let perception become the reality.

I would look to business schools in Asia. I am a particular fan of NUS, INSEAD (Singapore) and HKUST. Also, you are going to need all the help you can w.r.t your GMAT score. Come through in the clutch and crush the exam.

Respectfully,
Paul Lanzillotti
_________________


Paul Lanzillotti | Founder| About | mba@amerasiaconsulting.com | 877.866.9251

Schedule a Consultation | Twitter | Blog

Download "How To Apply" Guides | INSEAD | Columbia | Harvard | Wharton

Intern
Intern
avatar
Joined: 20 Oct 2011
Posts: 8
Location: United States
Concentration: Entrepreneurship, Marketing
Schools: CBS '14
GMAT 1: 710 Q49 V39
GPA: 2.5
WE: Investment Banking (Investment Banking)
Followers: 0

Kudos [?]: 5 [0], given: 0

Re: Am I OK? [#permalink] New post 05 Nov 2011, 04:05
Hi Paul, thanks for you response.

So I didn't finish my masters. I found it to theoretical, and after the first semester I decided it wasn't for me. Plus the quality of teaching and alumni wasn't great. I don't plan on finishing it.

In terms of what I did between 2008 and 2010, I spent 1 semester undertaking a engineering degree in solar technology. I didn't continue with that. I then spent The second half of 2009 working in a family business which is involved with wholesaling medical supplies. I did se traveling, about 3 months worth. Then I began masters in economics beginning 2010, and began working at the lobby group mid 2010, the same time I ceased with my masters.

I see your point about never finishing, but I think that also comes down to not finding the area I wanted to specialiZe in and also taking some time to decide.

Cheers

Posted from my mobile device Image
    Similar topics Author Replies Last post
Similar
Topics:
3 am i ok with my study schedule or pick up some speed? chamisool 6 28 Feb 2012, 11:53
AM I OK?? drob2689 2 20 Oct 2011, 07:17
Ok I have noticed this pattern somewhat and I am trying to terp26 3 27 Feb 2008, 17:42
Usually I am pretty ok with CR but this one was way over my english_august 1 24 Nov 2007, 14:14
I having a tough time with RC. I am doing reasonalbly ok appuvar 0 04 Nov 2007, 13:51
Display posts from previous: Sort by

Am I OK?

  Question banks Downloads My Bookmarks Reviews Important topics  

Moderator: PaulLanzillotti



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®.