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Profile evaluation, and some advice needed

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Current Student
User avatar
Joined: 08 Oct 2007
Posts: 169
Location: Berkeley, CA
Schools: Berkeley-Haas MBA
WE 1: Investment Management (fund of funds)
WE 2: Private Equity ($2bn generalist fund)
Followers: 1

Kudos [?]: 15 [0], given: 7

Profile evaluation, and some advice needed [#permalink] New post 19 May 2009, 13:01
Personal Info:
Male, 26, Indian
GMAT: 710 (49Q, 38V)
GPA: 3.6 from GaTech (Summa Cum Laude)
Other: Completed Level 2 of the CFA Exam. Planning to take the final exam next year.
Nationality: Indian, grew up in Singapore.

Work Experience:
Been in Finance (investing) for 5 years.
Last two years have been at a Private Equity firm.
Primary responsibilities:
Worked on numerous transactions across a numerous sectors (generalist)
Initiatives/Leadership at work:
Built a proprietary monte carlo risk model to analyze risk/return profiles of private investments. (This is my proudest achievement at work)
Created an analytical tool to better evaluate/summarize investment opportunities (This tool has loosely been named after me)
Founded the Research Club at work and I help moderate these discussion monthly on current industry topics
Member of the Company's IT Committee. Coordinated with IT department to develop platform to track/monitor incoming deal flow


Outside work:
I've always loved innovation and this is apparent in school and work. I've also always wanted to start something of my own. I merged both passions and recently started a company (in Feb 2009) that allows companies to tap into the innovative capacity of students and use it as a means of hiring talent while providing decent practical experience (and other intangible benefits) for students. I work on this non-stop after work hours with my wife and we're making good progress - recently hired a sales person and are close on getting our first customer.

ECs:
After college, helped out with Special Olympics
In October 2007, I was asked to join the Board of the local Special Olympics branch.
Implemented numerous initiatives in this capacity over the last year.
numerous ECs in college (College soccer club, managed 40 tutors in a tutoring program, cabinet member in Singapore Society and India Club)

Future:
While I love investment analysis, I'm a "do-er" and this line is not conducive for future managerial expertise and harnessing my leadership skills. I'm committed to my current business venture and if things go well, I'd love to use the network and resources of the business school (if I get in). If my venture fails, I would have learned a heck of a lot and I would use business school as a learning tool to make my next venture successful. Regardless, my current efforts have really highlighted to me the benefits of a powerful network and a resource center such as a good business school, especially ones that have a focus on entrepreneurship. I'm still crafting my story.

Application history:
I applied to Harvard and Wharton in R2 last year, but got dinged at both places. I don't even know why I applied to Harvard - I did that application in 1 week (yes, I know, I shouldn't have - but I did). I worked on my Wharton app for about 2 months, but I think it could have been rosier and there was very little time towards the deadline as I got married then.

This time, I want to be VERY well prepared.

I'm looking to apply to:
Wharton (re-application), Stanford, INSEAD, Chicago, MIT, LBS

My main questions:

1) Is my GMAT score of 710 a hinderance? My start up venture is a LOT of work and if I start studying for my GMAT again, this is going to be very burdensome and I may lose traction with the venture. Would I be better off trying to get my startup somewhere than getting say a 740+ on my GMAT?

2) How realistic a shot do I have at the schools I've stated.


Please help. Thanks so much!

Last edited by stopper5 on 19 May 2009, 19:52, edited 1 time in total.
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MBA Admissions Consulting
avatar
Joined: 26 Dec 2008
Posts: 2434
Location: Los Angeles, CA
Followers: 72

Kudos [?]: 528 [0], given: 0

Re: Profile evaluation, and some advice needed [#permalink] New post 19 May 2009, 18:57
To be honest, what you listed as "leadership" isn't really leadership.

Leadership is about PEOPLE. It's about having a direct influence on a group of people. It's about interacting with people. Building a model or analytical tool is a technical achievement, but it's not about leading people.

Having said that, with your profile (assuming you do well on the actual written application and the interviews), you should be competitive for schools like INSEAD, LBS and Chicago. MIT may be a stretch if you don't have a lot of team-based or leadership examples to draw from (since their essays tend to really focus on that - MIT tries really really really hard to focus on interpersonal skills, since they know they're going to get more than their fair share of analytical types applying compared to other b-schools). Wharton is also a stretch. Stanford is a long shot.

And it's not about your GMAT. It's about the fact that your profile is so heavily weighted towards analytics/quant -- which may be fine for most top b-schools if your applications are well executed, but it may not be enough for schools like Stanford (or Harvard) or even Wharton.

Your startup may be a positive (it shows you have initiative), but not a game changer from an applications standpoint (also, frankly I have no idea what kind of business it is because your description was unclear).
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Alex Chu
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CEO
User avatar
Joined: 17 May 2007
Posts: 2995
Followers: 58

Kudos [?]: 446 [0], given: 210

Re: Profile evaluation, and some advice needed [#permalink] New post 25 May 2009, 03:40
stopper, I hope you didn't write your essays in the way you described your achievements here. While building a Monte Carlo simulation might be a tremendous 'technical' achievement, it means little to the ad-com (or to anyone who is not an engineer or financier). So, unless you show how this monte carlo thing helped your company in tangible easy-to-understand terms, you are doing yourself no favours by mentioning it.
Current Student
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Joined: 13 May 2008
Posts: 141
Schools: LBS
Followers: 4

Kudos [?]: 24 [0], given: 6

Re: Profile evaluation, and some advice needed [#permalink] New post 25 May 2009, 04:19
I am probably way out of line by commenting on this thread as I am not even an MBA applicant but because I seem to understand that you, 'stopper', probably work in an asset management department or a similar set-up, where your monte-carlo risk simulation model would obviously be of great importance; you can articulate this model-building with more reference to the team leading effort as well as how you relay the risk-information (output) to the concerned managers, thus clearly showing (off) :) your leadership as well as interpersonal skills. Throw in the fact that you chair the weekly/monthly industry research meeting and how you tackle issues there and you can potentially tie up the loose end bsd and alex have mentioned... I think...

disclaimer to my suggestion: I have no experience whatsoever in applying to an MBA program!!
Current Student
User avatar
Joined: 08 Oct 2007
Posts: 169
Location: Berkeley, CA
Schools: Berkeley-Haas MBA
WE 1: Investment Management (fund of funds)
WE 2: Private Equity ($2bn generalist fund)
Followers: 1

Kudos [?]: 15 [0], given: 7

Re: Profile evaluation, and some advice needed [#permalink] New post 12 Jun 2009, 09:59
Thank you all for your comments. :)
Re: Profile evaluation, and some advice needed   [#permalink] 12 Jun 2009, 09:59
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Profile evaluation and some advice needed Kavsin 3 14 Jul 2009, 20:08
Profile evaluation and some advice needed stopper5 0 19 May 2009, 13:03
Profile evaluation, and some advice needed. stopper5 3 19 May 2009, 12:58
Profile evaluation and some advice paddyboy 3 28 May 2007, 12:00
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