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Would like to know your thoughts on my chances at LBS (round 2). Following are my details:
Age: 27 years
Acads: • Under-grad stream: BTech (ICT) • Under-grad %age: 62.4 (have a couple of Fs too!)
Extra-curricular: Good (Have won a state-level lawn tennis championship, written 2 academic research papers which got published, was active in the student body of my college)
Workex details: • Years: 4 (on 28th Aug'11) • Industry: Microfinance (Development Sector) - currently working in Product Development as Senior Manager (Ujjivan Financial Services) • Work Progress: Good - have done well and moved up in the 4 yrs at Ujjivan • International Exp: None
Outside Work: • Lead writer for a social sector oriented blog • Advisor and volunteer for Activist Circle – a discussion+networking platform for local communities of youth involved in the development sector o I give introductory lectures on microfinance and mentor fellows who join the Activist Circle fellowship • Stand-up comedian
Post MBA career goal (short-term): Social Venture Fund (I believe that my on-ground operational work-ex in Ujjivan plus the hard-skills, i.e. finance learnt at an MBA program will equip me for a job at an SVF). I plan on taking relevant electives (Private Equity, Finance) during my MBA to give myself the best shot at an SVF job. Also, I want to come back to India. I think given the recent job scenario, this would make sense to the Adcom rather than working abroad, where the chances for internationals these days seem to be slim
Post MBA career goal (long-term): Start-up enterprise in India – not mentioning the details here, but have thought it through completely
Other notables: • Got through IIM-Indore in 2008, but decided to stay in Ujjivan (I had initially joined Infosys after my under-grad and gave my CAT exam during my tenure there. By the time CAT cleared and results came out, I had switched to Ujjivan and then I decided to stay and not pursue my MBA)
I also particularly wanted to know if LBS places a lot of importance on international exposure, and if Yes, how do I counter that in my essays (I mean I choose to work in India because I wanted to work in the development sector)
You're currently working in India in microfinance. You want to spend a boatload of money to go to LBS, so you can come back to India to work in the social sector.
Do you come from a prominent family? Are you wealthy? Because if not, it makes no sense why you would spend this money (which you likely don't have - unless again you are rich) to go halfway across the world so that you can go back to India and make Indian wages.
I am aware of the costs involved in the MBA program and I come from a middle class background. The post MBA sector that I have chosen is the venture fund industry, where the wages are definitely much higher than in the microfinance sector. I was thinking of mentioning of coming back to India, because that would sound realistic to the adcom, because shifting geography as well as industry post MBA might seem to be a unrealistic goal.
Would love to know your thoughts on the same.
Also, for profiles like mine and who want to continue in the social sector (although at much higher wages e.g. social venture fund), do schools like LBS, top tier US schools become really unrealistic? I wanted to get a perspective of what the adcoms are looking for, because they do seem to like such profiles.