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Undergraduate Education University of St. Thomas – St. Paul, MN Bachelors of Arts – Financial Management 3.45 GPA Overall Vice-President of Financial Management Association & Investment Banking Association I owned and managed a small business to help finance my undergraduate education. CFA Level II Candidate Work Experience 5 Years 1.5 Years at a Multi-Strategy Hedge Fund – Portfolio Finance & Collateral Management 2.5 Years at a small Investment Management Company – Equity Investment Analysis & Equity Trading 1.0 Year at an Investment Management Company – Equity Trading
GMAT 590 (Q35) (V36) I plan on re-taking the GMAT this summer. My first actual test was lower than the practice scores I had been receiving. I hope to score above 640. I feel that this is the biggest weakness in my profile.
Post MBA Career Investment Management – Equity Research & Portfolio Management Investment Banking – Middle Market Focus
Target Schools University of Minnesota – Carlson School of Business (Full Time) University of Wisconsin – Madison (Applied Securities Analysis Program) (Full Time) Indiana University – Kelley School (Full Time) University of Iowa – Tippie (Full Time) University of Chicago – Booth School (Part Time)
Is my current GMAT the weakest part of my application? Do you believe I would have a legitimate chance at the schools listed above given my current profile and GMAT score? Am I targeting the right schools, would I have a chance at higher-ranked schools? Other than boosting my GMAT what else can I do to boost my chances at the schools listed above?
I don't think you'd get into University of Iowa Tippie with a 590, but with a 640 I think you definitely have a strong profile for admission there. They're very concerned about fit,so make sure its in line with what you are looking for culture wise.
I'll be attending in the fall, let me know if there are any questions I can help you with about the school!
Your self analysis is pretty spot on. Your big glaring weak point is your GMAT, and I would suggest putting ALL of your extra energies into preparing for the exam. Are you aiming too high or low? Only with a GMAT score can we tell that. But I'm sure, given that you work in equity, that you should be able to crack a 650 at least... so why not jump back at us with your next score, and we can reevaluate which schools might be good for you?
I recently scored 640(Q42) (V37) on the GMAT. This puts me right at the bottom of the middle 80% range at my target schools. I did score 700 on my last practice CAT, and was hoping to score at least 660. I do think I will do better if I take the test again. I was fairly nervous and rushed during the quantitative section. Do you think my time would be better spent studying and taking the GMAT again or focusing on the essays? I have put some thought into my essays, but have not started them. I want to apply in R1, which is early November for my schools.
Tough call here. It depends on you, and how important it is absolutely that you apply next year. My temptation would be to tell you to retake the GMAT, and if you get that score you need, apply R2, and if you don't maybe hold off one year. I mean if you are testing 700, it means you can get 700, which translates into much better chances for much better schools, which in the long-term is usually worth it.
I am pretty adamant on starting school next fall. I feel that I am getting too old to wait another year, and am looking forward to starting a new challenge. I am within the 80% GMAT range at my top two schools, and believe I have above average work experience and an inline GPA. How would you rate my chances? Do you feel that this overall applicant pool across all schools will be any different than previous years? I have read that admissions counselors are nervous about not having an as strong applicant pool.
In that case, I would say go for it. Like you pointed out, you are within range at all the schools on your list, so it's time to go. And of course when building your strategy your personal goals and your life count for a lot. I think that with a strong application, if you apply to all the schools on your list, you can come away with an Admit... but those essays will be KEY to making you stand out from the pack.
Best of luck to ya! And if you have anything else, you know where to find us.