Thanks reaching out to me. I am going to assume that the business you started is also your full-time job. I applaud this type of initiative.
I think that your primary challenge – with respect to defining your reasons for why an MBA – are going to revolve around why an entrepreneur with a successfully growing business would want to put that on hold and obtain an MBA. You are really going to have to find what will happen to the business during your full-time MBA. Of course you could also tell the admissions committee that you want to continue developing your business while at business school. Keep in mind that this will definitely pick up limit your ability to describe your business as having a significant number of employees or revenue. You can also say that the company will continue running and you will be appointing a business manager.
The other issue will revolve around your short-term goal, as it definitely sounds like you have no plans to continue your entrepreneurial venture. So again keep this in mind when you are applying and talking about how great your current work experience is.
With respect to shortlisting schools – I would look at programs that have an entrepreneurial bent. I think that schools like Anderson and Haas would be appropriate choices. You might even look into a school like Babson. The other thing we have to consider this the strength of your GMAT score. To be honest, a 700 is borderline. I would suggest retaking the test, especially since your verbal component is so low.
Please evaluate my profile and highlight some schools where I have a realistic chance of admission.
Indian Male, 25 Years
GMAT Score: 700 (Q50 V34)
Undergrad Degree: B. Tech. Computer Science (IP University, Delhi)
Undergrad performance : 71.64%
Work Experience : 3 Years till date
Details about Work Experience
1) Started a venture that combined online marketing, search engine optimization and online promotion of businesses. The venture specializes in improving the online presence of offline businesses and products and consulting them. Encountered lots of challenges of a startup and managed the risks well.
2) The business grew well and flourished as we enhanced our services, domains and options.
3) The business is still going strong and we have around 80% international clients and 20% local clients.
1) Have played hockey for 5 years in school, from 2000 to 2005. Have played at North India level (in 2002 and 2004) and placed third in 2004. Other than that, loads of achievements in city tournaments and interschool tournaments.
2) Most of my extracurricular activities in college revolved around competitive e-sports. Apart from winning lots of tournaments at city level and across different colleges, have lots of experience in organizing competitive e-sports tournaments. Have organized e-sports tournament in different colleges around the city.
3) Due to my passion for competitive e-sports, an upcoming field in India, I still mentor teams and guide them during tournaments. I also sponsor teams and help them achieve their potential in this field.
Post-MBA Plans: I would either want to work as a consultant for upcoming businesses and entrepreneurs (due to my experience) or engage in online marketing after MBA. I also wish to continue creating new businesses.
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