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Bias against finance?

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Joined: 15 Jan 2010
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Concentration: Finance, Strategy
Schools: Chicago (Booth) - Class of 2014
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Bias against finance? [#permalink] New post 29 Aug 2011, 13:36
Hey Alex,

Quick question on Adcoms' perceptions of finance candidates. I've been reading on various threads (here and elsewhere) that it's getting more and more difficult for hardcore financial folks (i.e. IB/PE with post-MBA goals of returning to finance) to get into top MBA programs. This makes sense to me given the recent downturn.

I'm wondering what the MBA perceptions are of people not in finance who want to break into it. I'm speaking specifically of management consultants and people in the industry who want to go into portfolio management, PE, VC, etc. Do you suspect that they're looked at in the same way, or would their background change perceptions a little?
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Re: Bias against finance? [#permalink] New post 30 Aug 2011, 23:22
The main reason they're cutting down on finance folks is because they're trying to cut down on those going into finance post-MBA. So not sure why you'd think it would be different for a PE wannabe with no finance experience (in fact, that would be worse).
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Alex Chu
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Senior Manager
Senior Manager
Joined: 15 Jan 2010
Posts: 258
Location: United States
Concentration: Finance, Strategy
Schools: Chicago (Booth) - Class of 2014
GMAT 1: 760 Q51 V44
GPA: 3.54
WE: Consulting (Consulting)
Followers: 1

Kudos [?]: 50 [0], given: 1

GMAT Tests User
Re: Bias against finance? [#permalink] New post 31 Aug 2011, 09:13
Ah, what about more adjacent industries (e.g. financial consultants doing internal strategy at banks and whatnot)? I wonder if that's treated the same as hard-core finance like PE.
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My blog: http://www.theapplicationist.blogspot.com/
My application status: 2012-profiles-w-admit-dings-results-no-discussion-116595.html#p983273

Re: Bias against finance?   [#permalink] 31 Aug 2011, 09:13
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