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Profile Evaluation - Indian female, 740 GMAT, Advanced Degre

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Author Message
Intern
Intern
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Status: Applying in 2013
Joined: 22 Aug 2012
Posts: 6
Location: India
Concentration: Finance, Entrepreneurship
Schools: FMS, Delhi - Class of 2007
GMAT 1: 740 Q50 V39
GPA: 4
Followers: 0

Kudos [?]: 6 [0], given: 1

Profile Evaluation - Indian female, 740 GMAT, Advanced Degre [#permalink] New post 10 Sep 2013, 02:56
Hi missionMBA team

Thanks in advance for going through this.
I am planning to apply to select schools in R2 this year. Would love to get some insight from you on what I can expect, given my profile:

Profile: Female, Indian, Married.
GMAT: 740 (Q50, V39)

Education:
1. MBA from a top management school in India - Passed in first class -- 66%
2. Engineering undergraduate from a leading engineering college in India -- Passed with distinction - 80%. Was awarded scholarships in each year for being in the top 10% of the class.
3. Passed Level 3 of the CFA program -- will be getting Charter soon.

Work Ex:
1. Currently working with an investment banking firm for the last 4 years. Joined here as a manager and was promoted to Associate Vice President in 1.5 years. Have successfully closed 4 transactions across Private Equity, Cross-border M&A and structured finance.Have been rated as the highest performer in the organization.
2. Prior to this, worked in India's largest private sector bank for 2 years. Started out as management trainee in the International Banking domain. I was in-charge of setting up the investment banking desk for our international clients based in the Middle East. Had significant exposure to transactions, networking with private equity investors, analyzing investments of the top fund houses etc.

Plan Ahead:

I have always planned on doing a second MBA. In India, MBAs are typically fresh undergraduates and having worked for 6 years, now I know that the real value-add of an MBA can only be appreciated when one has spent some time working in a corporate setup.

My reason to do a second MBA and to do one now, particularly are linked to that. I believe that I am now in a stage of life professionally, wherein, my takeaways from an MBA program will be immense. As for career goals, I want to switch to the buy-side of the Investing table - PE and VC. Given my early MBA in a non-IIM school in India, it is difficult for me to move to PE. I believe that an MBA from one of the top US schools will allow me to establish pedigree as well as gain experience in a developed geography where most businesses are mature. In the long run, I would like to use this experience and apply it to the emerging market scenario. I know this needs to be fleshed out in detail.

The Catch: I am planning to apply very selectively to schools. Since I already have an MBA, it does not make sense for me to spend crazy amounts of money to go to a school which is not up there. SO, for me, it's either the top or status quo. Also, I have a 20 month old son. I understand the rigors of a business school very well, and I know that a young child and a b-school life is a complicated mixture.

I would like to get a sense of 3-4 schools, where I stand a good chance as well as knowing what the strengths and weaknesses in my profile are.

Looking forward to your input.

Thanks!
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mbaMission Admissions Consultant
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Joined: 25 Apr 2013
Posts: 1211
Followers: 10

Kudos [?]: 127 [0], given: 0

Re: Profile Evaluation - Indian female, 740 GMAT, Advanced Degre [#permalink] New post 14 Sep 2013, 05:32
Expert's post
Hi there,

Thanks for posting, sounds like you've got a lot to think about and a lot going on currently. ;) As a mom myself, I can relate!

In terms of your profile, overall it is quite strong BUT I must be honest and say upfront that it is actually a challenge in most cases to apply for a SECOND MBA.... you have to really work hard to attempt to convince the admissions committee that you truly NEED this degree, when others do not have an MBA at all and are applying with competitive backgrounds too. There are many schools who have told us they have never admitted anyone for a 2nd MBA. Now it's not unheard of, it happens, BUT I just want you to keep in mind upfront that the chances are fairly slim!

I actually view that as your biggest challenge. In terms of the strengths you have:
-Great GMAT
-strong academics
-strong work experience, quant experience, progression and recognition; I assume you could cite results achieved and impact made etc.
-CFA
-international experience
-you've at least begun the process of working through building your case for the 'why'
-schools are always looking for qualified female applicants

Unknowns:
-your essays/recs/interview..... these 'personal' components of the application play a huge role when your other pieces are already strong
-extracurricular or community involvement

Without looking at the 2nd MBA factor, I'd say you have a strong profile and the last important piece would be really nailing those essays (showing who you are, what you'll bring, and why you need the MBA for your career). I would encourage applying to top global programs, according to your own interests and preferences about what type of school you are looking for. (For more about choosing schools, see this free download: http://info.mbamission.com/Selecting-Yo ... ram-E-Book). Adding in the fact that it is a 2nd MBA does make it tougher in my opinion, and it will be even MORE critical to really explain why you feel it's different now and what this degree will do vs the other one and WHY that particular school is so vital to you and your career plans. I'd be sure to show you've done some research into your post-MBA roles too so it doesn't sound too 'pie-in-the-sky' like a dream goal; VC for example is notoriously tough to break into.

Lots to think about an research, good luck on it all!
_________________

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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Profile Evaluation - Indian female, 740 GMAT, Advanced Degre

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