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Profile Evaluation

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Intern
Intern
avatar
Joined: 13 Jul 2011
Posts: 16
Location: United States
GPA: 2.7
WE: Sales (Computer Software)
Followers: 0

Kudos [?]: 5 [0], given: 0

Profile Evaluation [#permalink] New post 24 Oct 2012, 10:39
Hi,
Thank you for reviewing my profile. Any advice you have would be much appreciated.

Age: 28 years
Nationality: Indian
Bachelors: Engineering in Computer Science from a reputed university in India
Work Ex: 4 years as a sales manager in an MNC IT company.
UG CGPA: 2.87
Cleared all 3 levels of CFA
Decent Extracurricular, VP of a club, secretary of another, Organized quite a few events in college
GMAT: 750

I am looking for a career in finance,banking and in that regard how much would my work ex in sales hurt my chances ?

I would like to know the schools in which I should apply ? Also how hard will it be to make it to top 20 b schools taking
into account my low CGPA ? Would it help if I retake the GMAT and get a higher score like 780 or so ? Should I get a few years of finance/banking work-ex before I apply for my MBA? Will my chances be better if I apply in European B-schools(IE,IES,Esade,HEC) or in Canada ? What can be done to improve my profile in the next 12 months or so?
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Expert Post
Veritas Prep Admissions Consultant
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Affiliations: Veritas Prep
Joined: 25 Jul 2010
Posts: 1372
Followers: 36

Kudos [?]: 128 [0], given: 3

Re: Profile Evaluation [#permalink] New post 29 Oct 2012, 11:25
Expert's post
Investment banks actually like new hires without prior banking experience. You would get everything you would need to become an IB associate in b-school. THey do like super smart folks, so your GMAT would help as would getting good grades in grad school (your ug scores will likely not matter as much). One key thing will be having the HB-1 visa squared away, since US ibanking firms need you to be legally able to work here. If your goal is to work in London, for example, this obviously would not apply. I think you have a shot at a to p 20 school for sure and getting a higher GMAT score will likely not improve your chances, since your current score is really good. There is a point of diminishing returns on studying for the GMAT, as you will get just marginally more attention with a higher score once you surpass the 730 level. What you should do is to focus on schools in the top 20 who have a tradition of feeding the bulge bracket banks with associate hires. Columbia, NYU, Tuck, Duke, Virginia, Chicago, all come to mind. I think the same applies for the target schools you mention in Canada, Europe and Asia as well. One tip: try to matriculate at a school which is geographically within the financial region in which you plan to work after school. This will help you leverage your network and also receive a regionally biased banking preparation, which is what you want.
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