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Profile Evaluation : 710(48,38)-Project Manager + Family Biz

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Manager
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Joined: 18 Aug 2012
Posts: 53
GMAT 1: 710 Q48 V38
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Kudos [?]: 8 [0], given: 13

Profile Evaluation : 710(48,38)-Project Manager + Family Biz [#permalink] New post 17 Sep 2012, 10:31
GMAT : 710 (48, 38) , Project Manager, Family Business

Start of course : September 2013

GMAT : 710 (48, 38)

Graduate : BE in Information Science From PESIT, Visveswaraya Technology University.
Graduate Score : 76%

Work Experience : 4 years

* Working as a Project Manager in an IT major mentoring 8 direct-reports and handling Recruitment, Performance Appraisals and Budget proposals. (Grew team from 2 members (including me) to 12 members in less than 2 years)


* Simultaneously gained Business work experience & knowledge in Export/Import; E-Scrap; Mining; Taxation matters; Corporate law

Community Service

* Co-founder of the school alumni fund which caters to financially-weak and meritorious students

Extra Curricular

* Traveled and set foot in 16 different countries ranging in 3 continents for both business and pleasure

Post MBA Goal :

* Long-term : Want to start an international business of Electronic Scrap recycling
* Short-term : Be an Operations consultant and gain knowledge/experience which will help me in my long-term goal

My Questions :

* I want to apply to only US schools. What should be my target schools? What are Realistic, Safe and Sure schools for me?
* What are my chances of getting into these start up schools?
* How are the prospects of Scholarships?
* Should I retake my GMAT (target >740) to get into the Top 10 schools?
* What is the scope / future prospects of Operations consulting?
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Re: Profile Evaluation : 710(48,38)-Project Manager + Family Biz [#permalink] New post 24 Sep 2012, 16:54
Expert's post
Because your profile is very common, you should definitely target 740 for top 10. I would say your safetly schools would be 15-25 range and your sweet spot would be 10-15. Top ten may be a stretch. B-schools tend to discount family business experience especially from a leadership perspective, and your academics seem below average. You are in the unfortunate position of applying from one of the deepest applicant pools there is, so distinguishing yourself will be the challenge.
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Manager
Manager
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Joined: 18 Aug 2012
Posts: 53
GMAT 1: 710 Q48 V38
Followers: 0

Kudos [?]: 8 [0], given: 13

Re: Profile Evaluation : 710(48,38)-Project Manager + Family Biz [#permalink] New post 26 Sep 2012, 02:48
bryantmichaels wrote:
Because your profile is very common, you should definitely target 740 for top 10. I would say your safetly schools would be 15-25 range and your sweet spot would be 10-15. Top ten may be a stretch. B-schools tend to discount family business experience especially from a leadership perspective, and your academics seem below average. You are in the unfortunate position of applying from one of the deepest applicant pools there is, so distinguishing yourself will be the challenge.


Thanks for the reply Bryant. :)

I agree that Indian pool is huge, but considering my Family business background, would there be an edge with the current score in the Top 10?
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Re: Profile Evaluation : 710(48,38)-Project Manager + Family Biz [#permalink] New post 30 Sep 2012, 16:25
Expert's post
Actually being Indian with a family business background is quite common for b-school applicants. Working for a family business can be extremely educational: you earn high-level responsibility earlier, manage teams of employees, and gain perspective into the workings of the entire company. However, family businesses lack the influence and scope of larger companies, and it is difficult to compare your performance to others'.
The DIFFERENTIATED Indian MBA Applicant: Has made an impact in a bigger pond
An applicant who has proven his abilities in a family business and then applied the skills in management at a large international company is able to demonstrate that he is truly talented beyond the scope of his own family. Letters of recommendation written by impartial superiors, unlike those from family members, employees, or even clients of a family business, carry more weight in the eyes of the admissions committees and can demonstrate that you truly outperform your peers and have honestly won the recognition of senior management. The Differentiated Applicant can then illustrate his impact on this large organization in his resume, work history, and essays.
Think about what sets you apart from your group. Highlight your uniqueness in your essays, and the adcoms will get a clear look at how you—not your group—will contribute to your chosen MBA program or profession.
Just because you are an Indian family business guy doesn’t mean that you don’t possess other unique qualities that will make you an attractive candidate at top b-schools.
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Bryant Michaels
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Manager
Manager
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Joined: 18 Aug 2012
Posts: 53
GMAT 1: 710 Q48 V38
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Kudos [?]: 8 [0], given: 13

Re: Profile Evaluation : 710(48,38)-Project Manager + Family Biz [#permalink] New post 30 Sep 2012, 22:14
Thanks for the awesome reply Bryant! :) Appreciate this response.
However, some doubts that I had is :
1. If an applicant has this kind of experience, is it considered unethical?
2. Should I talk about both experiences in my Goals essay? (will it be seen as lost focus or confused candidate?)
Looking forward for your valuable thoughts
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Re: Profile Evaluation : 710(48,38)-Project Manager + Family Biz [#permalink] New post 05 Oct 2012, 10:07
Expert's post
not sure what you mean by both experiences and unethical?
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Bryant Michaels
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