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Please provide some advice

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Please provide some advice [#permalink] New post 28 May 2012, 17:44
Hello all experts,

I recently finished my GMAT. This was my third attempt. I am stuck at 620 ( Q47, V29). I did really good when I was attempting mock tests at home (700+), however for some reasons I am not able to crack the exam when it really matters most. Nonetheless, I am in no mood now for one more attempt. My background -

1. Bachelors in Information Technology - top 10% of class
2. Masters in Computer Science - University of North Texas - GPA - 3.8
3. Work experience - 5 years
4. Age - 28 (coming July)
5. Nationality - Indian Male

I worked for around 3 years for a small firm in Dallas, TX. I have been working as a technology analyst for Morgan Stanley at Wall Street since last 2 years. My role is more of business + development. I have been working on technology integration of Morgan Stanley and Smith Barney. I have been managing team of 3-5 people.

Interest: I have strong inclination towards Value Investing and asset management. Though I don't have core industry experience in this field, I am managing my own portfolio since last 4 years. I am a self learner. My short term goal (1-3 years) post MBA is to be a Research Analyst working for some firm (applying VI principles). My long term goal (+ 3 years) is to be a Portfolio manager managing some fund or start my own family fund managing people's money. Currently I am taking Financial Statement and Analysis class from UC Berkeley Extension school to enhance my knowledge.

Schools of interest - Columbia Business School (for obvious VI program) and NYU Stern. However I am well aware getting into these schools with my GMAT score will be almost next to impossible. However I want to stay positive and apply for R1 for these schools and similar schools with focused approach on asset management.

Community work - I am affiliated with New York Cares, a non-profit organization. I have been helping kids prepare for their SAT exam. Back in India I worked with "HappyThoughts", a non-profit organization, working towards helping people in meditation, spirituality and wisdom at work place.

Experts please provide your opinion about my profile, schools I should be targeting at, etc. I am open for US and Asian schools. Any kind of help will be greatly appreciated.
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Manager
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Joined: 20 May 2012
Posts: 82
Detail: MBA admissions help
Concentration: Entrepreneurship, Strategy
Schools: Northwestern (Kellogg) - Class of 2000
GMAT 1: Q V
GPA: 3.9
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Re: Please provide some advice [#permalink] New post 29 May 2012, 05:34
Hi Amp0201,
You've hit upon some of the more important issues with your post already, but hopefully I can provide some add'l insight.

You're correct in that your GMAT score is below the average for the schools you're targeting. This issue is compounded when you consider that you'll be compared with other Indian males applying at the same time to the same places. The bar for these applicants is quite high, since the test scores always average higher than the rest of the pool. Your background - while strong - is not directly in line with your career objectives post-MBA, so there's an issue around credibility/believability you'll need to overcome.

My advice is:
- Consider applying to the part-time program of one of these two schools. The schools are loathe to admit it, but often the admissions criteria are different for the part-time programs, but at the end of the day, you still get an MBA from that school and since you're a self-learner, perhaps the career office limitations you'll face could be overcome.
- Consider applying to more programs that are further down the list. These 2 would be your "stretch" schools, but you could add some additional ones that are less competitive.
- When applying, provide decent background on where you went to school and what your grades represent. You'll need to overcome your GMAT score with evidence of intellectual ability. I'd do that with a thorough explanation of your program and how competitive it was.

Hope this helps,
-James Young
_________________

http://www.TheFirstRead.com
Former Kellogg adcom member, offering a new approach to MBA Admissions Consulting.

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Re: Please provide some advice [#permalink] New post 30 May 2012, 23:17
Thanks a ton James for your advice. Are there any other schools I can look for, which are good in finance and has lower average GMAT score requirement?
Re: Please provide some advice   [#permalink] 30 May 2012, 23:17
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