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Please evaluate my profile

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Intern
Intern
avatar
Joined: 05 Jun 2013
Posts: 18
Location: United States
Concentration: Strategy, Finance
Schools: ISB '15, NTU '15
GPA: 3.4
WE: Analyst (Commercial Banking)
Followers: 0

Kudos [?]: 6 [0], given: 1

GMAT ToolKit User
Please evaluate my profile [#permalink] New post 09 Oct 2013, 02:16
It would be great if you could find some time to evaluate my profile.

Background
Personal: 25 years old, Male, Indian
GMAT 2nd attempt: 720 (Q 51/ V 35/ AWA and IR awaited)
GMAT 1st attempt : 650 (Q50/V29/AWA 4.5 and IR 5)
Undergrad/Post grad : Dual degree from Indian Institute of Technology Madras (B.Tech Mechanical Eng, M.Tech Energy Technology)
GPA: 8.5/10
Student Semester Exchange program : Did my 7th semester in NTU, Singapore. Scored the highest GPA in NTU of 3.96/4.

Work Ex:2+ years (banking and insurance domain)
1.5 years with Aviva Life Insurance : As a business analyst. Working with the strategic initiative team to make sales strategy.
Worked on various statistical model to segment the customer portfolio and predict future business to bridge the gap between target and predicted business.)
Employee award (one quarterly). Got an award as early as 9 months with Aviva Life insurance.
7 months with Citi bank Global (Current) : Working as a Senior Business analyst with North America Retail Banking Citi Partners.
Work is to analyze past data, build predictive and descriptive statistical models and consult partners with the right business strategy.
Ventures explored :
1.Founder of a Indian food chain restaurant chain called “Teekhi Mirch”.
Successfully ran the restaurant for 9 months. Got a break even on the overall running cost from the 5th month (which is rare across industry). Some of the sales strategy included ,
1. Segmentation of the customer base to value segments and offering different product and service levels to each segment
2. Product bundling to find best combo for each segment.
3. Retention calls and SMS for high attrition propensity customers.
4. Resource effective marketing strategy
5. Raw material inventory management and supply chain optimization for the food delivery
6. Streamlining the overall process.
These strategies were very rare in industry gave the restaurant a competitive edge.
2. Founder of a travel consulting company Naya sheher :
Though the company is yet to enter the market. Following are the key highlights,
1. Helps people relocating to new cities.
2. Helps client cut discounts in unknown cities and help vendor get a competitive edge
3. Helps people connect with people who are supposed to move to same cities.

Extra-curricular:
Lead a team of 100 coordinators and volunteer to conduct a college festival called Mechanica.
Won many Robotics and Industrial design competition in college.
Instrumental in various tech fest and cultural festivals organized in college
Hostel Badminton Captain.
Career goal:
Want to work in the strategy/consulting field and expand my horizon to various industries.
My plan is to apply for following,
1 of the top 10 : Wharton
1 in India : ISB
2 in Singapore : NTU and NUS (Have already been in NTU for a semester)
1 in Hong Kong University
Following are my queries,
1. Will me GMAT 1st attempt have a negative impact on my application. If yes, then to what extent?
2. Do you think I should apply to more of top 10 universities. If yes, do you think I stand a good chance
3. Do you think I should mention my ventures in my application.
4. Thank You!
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Expert Post
1 KUDOS received
mbaMission Admissions Consultant
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Joined: 25 Apr 2013
Posts: 1216
Followers: 10

Kudos [?]: 127 [1] , given: 0

Re: Please evaluate my profile [#permalink] New post 12 Oct 2013, 08:32
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Expert's post
Hi there,

You have some interesting experiences to draw from, despite having fewer-than-average years of work experience, and your various experiences should help you stand out from the large pool of Indian engineering applicants. I am slightly unclear on the timeline-- maybe I'm not following the true total amount of work experience, or how your ventures fit in? As that may affect things slightly. I think the experiences with your ventures are invaluable and would definitely highlight, particularly the restaurant since that is proven/accomplished. One question though is-- is the business still running? Are you still running it? 9 months isn't very long? That is the part that raises questions.

Schools will take the highest scores so the first GMAT attempt is not a problem, no. And overall I think your application strategy makes sense. Be sure to showcase what you want to do with the MBA and how you'll contribute to the class; don't underestimate the importance of your essays to showcase these points! Good luck to you.
_________________

Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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Intern
Intern
avatar
Joined: 05 Jun 2013
Posts: 18
Location: United States
Concentration: Strategy, Finance
Schools: ISB '15, NTU '15
GPA: 3.4
WE: Analyst (Commercial Banking)
Followers: 0

Kudos [?]: 6 [0], given: 1

GMAT ToolKit User
Re: Please evaluate my profile [#permalink] New post 12 Oct 2013, 10:09
Jen,

Thank you for your quick response . Regarding the restaurant venture : I founded the restaurant in May 2012 and was running the restaurant till Feb 2013. I was working on this venture along with my job as a Business analyst at aviva. I had to sell my stakes because I shifted to a new city and was becoming very difficult to control my part from a distant place. The business got closed 3 months after left the place. Can I disclose a venture which I did along with a job (whose contract says that I cannot do any side business)?

You have some interesting experiences to draw from, despite having fewer-than-average years of work experience, and your various experiences should help you stand out from the large pool of Indian engineering applicants. I am slightly unclear on the timeline-- maybe I'm not following the true total amount of work experience, or how your ventures fit in? As that may affect things slightly. I think the experiences with your ventures are invaluable and would definitely highlight, particularly the restaurant since that is proven/accomplished. One question though is-- is the business still running? Are you still running it? 9 months isn't very long? That is the part that raises questions.

Schools will take the highest scores so the first GMAT attempt is not a problem, no. And overall I think your application strategy makes sense. Be sure to showcase what you want to do with the MBA and how you'll contribute to the class; don't underestimate the importance of your essays to showcase these points! Good luck to you.[/quote]
Expert Post
mbaMission Admissions Consultant
avatar
Joined: 25 Apr 2013
Posts: 1216
Followers: 10

Kudos [?]: 127 [0], given: 0

Re: Please evaluate my profile [#permalink] New post 16 Oct 2013, 11:43
Expert's post
Gotcha, I see. As for disclosing, that is up to you... generally you can certainly discuss side business ventures and should, however if you had signed agreements with your full time job to not partake other ventures, that is a personal decision at this point...

keep us posted!
_________________

Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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