Jaymx wrote:
Mainly applying to Canadian B-Schools (Sauder, Rotman, Schulich, Ivy, Queens etc.).
Canadian/Male
Age: 27
Bachelor: B.Sc., Biology
GPA 3.6
GMAT: 680
Work Experience: 3.5 Years
Area of W/E: eComm Website Management and Integration (Unrelated to my Bachelors)
Working Full Time 60+ hrs/week.
Note: For the past 3.5 years I've been running multiple eCommerce websites, one is large, the other is starting to pick-up (1 year old). Being the owner/developer of these several projects I have great profit but my salary is very low, as I try to push all my profits back into the business, rather getting more business loans. It's fairly common for small business owners to have zero to little personal income (living on credit/savings for a few years) until the company reaches optimal level of performance. Lots of experience working with reputable factories/suppliers/developers from all over the globe. Looking to specialize in Operations Management or Information Systems (depending on school program). While in school I will pass my role to my brother who in IT field, for the next 2 years I will control the operations but will not do anything significant while concentrating on studies.
References: Will be from wholesaling companies (suppliers/vendors) that I have worked with.
Goal After MBA: Continue working in my firm and expand internationally, in fact that is why MBA would be essential as I have limited business background, mostly sciences. To look deeply in my career goals, is to sell the company (not planning at this moment), and apply my experience and tech knowledge to other eCommerce based corporations, including e-Health (related to my bachelors degree).
What are my chances?
May there be an issue with very low personal salary during interview or application for financial assistance(school loan)?
Hey there,
Well overall you seem to have a pretty good profile.
Now the salary issue is no big deal (and indeed something you can easily explain), but more important will be: what have you DONE? Meaning "running an e-commerce site" can be anything from putting some photos of stuff on ebay to running a legit 300-employee company. What the schools will be looking for is not just that you are turning a profit ( great) and growing (also great), but who you know, what leadership you have, whether you are managing people, who you are collaborating with, whether you are securing investment, etc. etc.
Because those will be the skills they will expect you to build upon in their program.
I think if you can push all these things, being Canadian with good grades yo should have a solid shot, but I'd love to hear more about your businesses as well as all the extras to really know where you stand.
Best,
Jon