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Profile evaluation and prospects idea

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Profile evaluation and prospects idea [#permalink] New post 23 Jul 2014, 02:24
Hi ,

I am really into a lot of dilemma about my profile because i hear a lot of people say it isnt strong enough for a good B school or that I may need more experience . As my GMAT is approaching closer , my anxiety is increasing . Would really appreciate your honest word on this .

Gmat Range - I particularly needed an idea as to how much i need to score to get into a decent college . My gmat is on august 6th and I am currently trending on 650 in my Mocks and Gmat Prep CATs . Please consider the range for me as 650-660

Profile - More details into my profile :

Job : Credit analyst ( american express , India , Work ex - 2.5 Years ) It dealt with assessment of risk involved with credit card holders . It was a core analysis job where various aspects of the Card holder are judged and his credibility is derived . So in all the work nature was quite complex and challenging . It is regarded as one of the toughest processes in the company . Regarding promotions and upscaling . I was moved to the top most vertical of the process within 9 months due to strong work and quality consistency . The top most vertical was a specialized unit with very limited people who were mostly very experienced and very selected on the basis of being best in their work .

Leadership and extra co-curricular : Post that within next year I was promoted to a leadership shadow role called as a team captain due to performance and handling of extra co-curricular activities in terms of employee rewards , employee fun and engagement , employee outings , employee growth and development . I was associated with all these groups and held many events on my own . In the leadership role of Team captain , i was given a team of 8 people who were just hired by the company . I led the team to high scores within a period of 3 Months . Though my role as a team captain has only been for 5 months but it certainly was a dynamic learning experience which helped me evolve as an individual and in terms of people management . I quit American express and started to prepare for GMAT

Extra achievements : I have a six sigma course seminar certificate which I attended in one of the statistical institutes in Delhi . I have some best performer certificates at my work place . At college level , I have certificates for event hosting , Participation and merit certificates at university level .
Academic : Graduation was based in core economics . I scored a 1st division which is approx 3.5 GPA . As a student in school , i have a track record of 86-90 percentile . No other volunteer work . I just made donations through our company from my salary each month to charitable organizations .

Career prospects : I am looking for a course which basically assures me a corporate job prospect abroad . I am not sure how good is an MA finance in that regard while i am aware MBA is known for it . However basically I want to on finance as my core even during my MBA and look for opportunities in finance perhaps like investment banker , Venture capitalists , consulting etc .

Hope my info is detailed enough and you could help me out .

Kind regards ,
Prateek .
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Re: Profile evaluation and prospects idea [#permalink] New post 27 Jul 2014, 12:01
Expert's post
Hi Prateek,

Thanks for posting and sharing your profile and situation. First of all best wishes on that GMAT coming up, be sure you prepping thoroughly and taking multiple full-length realistic adaptive practice tests to best prepare you as that score can make a big impact on what tier of schools you may apply to. Have a look at average GMAT scores at schools you are considering-- ideally you want to be as close to (or above) the average at given schools for better chances.

In general based on the info you have provided here, it sounds like you have the following strengths:

-quant and analytical skills demonstrated in the workplace
-recognition and promotions at work
-team leadership and employee development experiences
-sounds like respectable academic/undergrad performance

And the following potential weaknesses or challenges:

-as I understand it you are currently unemployed (?); which could be a challenge to overcome, and also means you would ONLY have the 2.5 years of experience (unless you quickly get another job) even when matriculating (vs some applicants have 2.5 years when they apply but will be 3.5 by matriculation).
-sounds like you likely need to do further research on your next career steps, which will not only help YOU personally but also help with admission as you would have a stronger/more convincing 'story' to tell about why you are even applying to grad school
-community experience/volunteering would be a plus
-uncertain GMAT

I think right now it would be most important to a) focus on the GMAT, b) work on applying for jobs if that is the plan, and c) do some career research and figure out what your planned path might look like. Talk to recruiters and/or people in positions at companies or in roles you may be interested in for more feedback and ideas. Review hiring and employment reports at schools you are considering.

Good luck on the process and keep us posted on how it goes and further q's.
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Jen Kedrowski
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Re: Profile evaluation and prospects idea [#permalink] New post 27 Jul 2014, 20:02
Hi Jen ,

Well i appreciate a prompt reply ! and surely I will give the points highlighted by you a serious thought . However i just needed a little more clarity on a few things since you would be the best person to give me a first hand information .

Firstly ,

I understand the difference between a Masters in finance and an MBA but i am unsure about the difference in job prospects between the courses . So if you consider me preferring to pick up a job( ignore the field as of now ) , Does MA finance reduce your chances drastically ? or if not equal but still gives you a good chance to pick up a job as compared to an MBA .

Secondly ,

I understand my Leaving the job and then preparing for GMAT with a challenging question to answer in the interview . Also knowing that admission process takes months . I will make sure that i dont sit idle and pick up some intern-ship and volunteer work . Keeping that in Mind , my experience and also that i would prefer a college amongst the TOP 30 - should i give attempts at gmat till i score a 700 plus or should i apply post a 660-670 , taking that averages in most good colleges is around 650 but amongst asian applicants such as me the average is higher .


Thanks for all the help and advise !! Really appreciate it .
Kind regards .
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Re: Profile evaluation and prospects idea [#permalink] New post 29 Jul 2014, 16:23
Expert's post
Hi again,

Happy to help.

The MBA vs Masters in Finance is a good question to consider, and there are a lot of differences. I wouldn't say it's as black-and-white as 'which will get me a better job'. It really depends upon the exact job/s you would be considering, both shorter and longer term. In some ways, the MBA provides a more broad education and degree which arguably can be used in a larger number of ways. But if you know you will be very focused on finance for your career, a Masters in Finance can really enhance and showcase that particular skill area.

Here are some other articles to review when making that distinction, and again I'd suggest you ask that of hiring managers/HR at companies you'd be interested in working in!

http://www.usnews.com/education/best-gr ... ess-school

http://www.master-of-finance.org/versus-mba/

http://www.mba.com/us/the-gmat-blog-hub ... r-you.aspx


Yes I think it would be wise to look into another job; or volunteering; or internship etc in the very near future. ;) Keep in mind you'd likely have a year before matriculating (?) so schools would generally expect you would apply for another job, fyi. As for the actual GMAT score, my advice is not to focus so much on a given score, but aim to score as high as you possibly can, and go from there. It's not uncommon to take the exam more than once, and you want to be at or above the average score at a given school is possible, so another shot is sometimes needed and accepted.

Good luck to you!
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Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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Re: Profile evaluation and prospects idea [#permalink] New post 29 Jul 2014, 18:25
Hi Jen ,

That helps alot !!! Can't thank you enough . I shall work on the points highlighted .
I will get back to you later with my progress and a higher GMAT score :) .

Kind regards .
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mbaMission Admissions Consultant
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Joined: 25 Apr 2013
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Re: Profile evaluation and prospects idea [#permalink] New post 31 Jul 2014, 10:12
Expert's post
You are most welcome, good luck!
_________________

Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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