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Profile Evaluation Request

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InitechFPA
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Joined: 15 Nov 2012
Posts: 8
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Schools: Tuck '15
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Profile Evaluation Request [#permalink] New post   30 Dec 2013, 11:28
Hi Jon,

I'm currently in a pickle between pursuing a full time or part time MBA. One of my biggest questions is what programs my profile qualifies me for.

Profile:Area of interest in MBA : Strategy/General Mgmt/Consulting
GMAT: 710 (48Q/40V) <-- Can definitely improve this.
GPA: 3.7 Finance/Econ Major Private New England Uni (Top 50 undergrad for business/finance)
Work experience(WE): Will be 3.5 years in Corporate Finance Leadership development program with rotations at F150 tech company. Multiple promotions and diverse rotations.
Nationality: white
Age: 25
Gender: Male
Extra-curriculars/community: Good, involved in multiple groups and honor societies at school. Executive Committee of investment fund in school. Good volunteering abd fundraising credentials after school.

I'm thinking if I'm going to do a FT MBA I'll shoot high, so my main goal schools would be HBS, Sloan, Tuck, Yale, and Fuqua.

I assume I may be unqualified for some of these. My main question should be what could I do to legitimately improve my chances. Stay in work longer, improve GMAT, etc.. Obviously, those would increase my odds, but would they put me in the realm of realistic for say Tuck or Yale?

Let me know if there is anything else to add or if you have any additional questions for me.

Thanks!!
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Joined: 30 Nov 2009
Posts: 9216
Own Kudos [?]: 2061 [1]
Given Kudos: 69
Location: Chicago, IL
Schools:Brown University, Harvard Business School
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Re: Profile Evaluation Request [#permalink] New post   31 Dec 2013, 03:13
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InitechFPA wrote:
Hi Jon,

I'm currently in a pickle between pursuing a full time or part time MBA. One of my biggest questions is what programs my profile qualifies me for.

Profile:Area of interest in MBA : Strategy/General Mgmt/Consulting
GMAT: 710 (48Q/40V) <-- Can definitely improve this.
GPA: 3.7 Finance/Econ Major Private New England Uni (Top 50 undergrad for business/finance)
Work experience(WE): Will be 3.5 years in Corporate Finance Leadership development program with rotations at F150 tech company. Multiple promotions and diverse rotations.
Nationality: white
Age: 25
Gender: Male
Extra-curriculars/community: Good, involved in multiple groups and honor societies at school. Executive Committee of investment fund in school. Good volunteering abd fundraising credentials after school.

I'm thinking if I'm going to do a FT MBA I'll shoot high, so my main goal schools would be HBS, Sloan, Tuck, Yale, and Fuqua.

I assume I may be unqualified for some of these. My main question should be what could I do to legitimately improve my chances. Stay in work longer, improve GMAT, etc.. Obviously, those would increase my odds, but would they put me in the realm of realistic for say Tuck or Yale?

Let me know if there is anything else to add or if you have any additional questions for me.

Thanks!!


Well, First of all you may be selling yourself short. You h ave excellent grades, an excellent GMAT, an excellent job. Only thing missing is maybe the Ivy League UG school, but that is pretty forgivable if you can make up for it in other areas, And all of this together + fantastic essays should make you eligible for Top 20 FT programs (So yes, Tuck or Yale should be possible).

The consideration to do a FT or PT program should be more in terms of what you want to get out of it rather than where you can get in. PT is good if you don't want to change industries, or companies, but do want that MBA, and makes even more sense if your company is willing to sponsor you for it. FT is more if you want a career change/jump or to explore new possibilities.

If you have good volunteer work and good ECs there's not really much more you need to DO to make your profile more attractive other than working on those essays and getting to know the schools really well. A GMAT retake is frankly unnecessary, but maybe if you are totally sure you can get 30 points more… it can't hurt. But I wouldn't spend tooo much effort on it, cause a 710 is pretty much good enough to et you in anywhere.

Happy New Years dude!

Best,
JF
avatar
InitechFPA
Intern
Intern
Joined: 15 Nov 2012
Posts: 8
Own Kudos [?]: [0]
Given Kudos: 3
Schools: Tuck '15
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Re: Profile Evaluation Request [#permalink] New post   31 Dec 2013, 07:53
JonAdmissionado wrote:
InitechFPA wrote:
Hi Jon,

I'm currently in a pickle between pursuing a full time or part time MBA. One of my biggest questions is what programs my profile qualifies me for.

Profile:Area of interest in MBA : Strategy/General Mgmt/Consulting
GMAT: 710 (48Q/40V) <-- Can definitely improve this.
GPA: 3.7 Finance/Econ Major Private New England Uni (Top 50 undergrad for business/finance)
Work experience(WE): Will be 3.5 years in Corporate Finance Leadership development program with rotations at F150 tech company. Multiple promotions and diverse rotations.
Nationality: white
Age: 25
Gender: Male
Extra-curriculars/community: Good, involved in multiple groups and honor societies at school. Executive Committee of investment fund in school. Good volunteering abd fundraising credentials after school.

I'm thinking if I'm going to do a FT MBA I'll shoot high, so my main goal schools would be HBS, Sloan, Tuck, Yale, and Fuqua.

I assume I may be unqualified for some of these. My main question should be what could I do to legitimately improve my chances. Stay in work longer, improve GMAT, etc.. Obviously, those would increase my odds, but would they put me in the realm of realistic for say Tuck or Yale?

Let me know if there is anything else to add or if you have any additional questions for me.

Thanks!!


Well, First of all you may be selling yourself short. You h ave excellent grades, an excellent GMAT, an excellent job. Only thing missing is maybe the Ivy League UG school, but that is pretty forgivable if you can make up for it in other areas, And all of this together + fantastic essays should make you eligible for Top 20 FT programs (So yes, Tuck or Yale should be possible).

The consideration to do a FT or PT program should be more in terms of what you want to get out of it rather than where you can get in. PT is good if you don't want to change industries, or companies, but do want that MBA, and makes even more sense if your company is willing to sponsor you for it. FT is more if you want a career change/jump or to explore new possibilities.

If you have good volunteer work and good ECs there's not really much more you need to DO to make your profile more attractive other than working on those essays and getting to know the schools really well. A GMAT retake is frankly unnecessary, but maybe if you are totally sure you can get 30 points more… it can't hurt. But I wouldn't spend tooo much effort on it, cause a 710 is pretty much good enough to et you in anywhere.

Happy New Years dude!

Best,
JF


Jon, thanks for the response and valuable information! I did not realize I would meet the qualifications for top 20, but I think I put too much weight on my UG school.

I definitely need to figure out what I want out of the MBA to decide between FT and PT. My company pays for some, but not much of PT. The biggest difference to me is the quality of schools that are offered PT in the New England area compared to FT. They are good, but still on a lower tier for sure.

From your experience, have you found the part time MBA to still offer new career opportunities? Or do people mostly elect this route if they don't want to make any changes?

Thanks again and Happy New Year's!!

Posted from my mobile device
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Joined: 30 Nov 2009
Posts: 9216
Own Kudos [?]: 2061 [0]
Given Kudos: 69
Location: Chicago, IL
Schools:Brown University, Harvard Business School
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Re: Profile Evaluation Request [#permalink] New post   02 Jan 2014, 10:04
Expert Reply
Hey there,
Well, there's no doubt that an FT program comes with more prestige, and just as (or even more) importantly the active, constant help of the Career Office to land you something sweet after graduation, which is something you will miss out on if you do the PT program, in which in most cases, if you are looking for a change you will have do a LOT more of the legwork yourself. The involvement differs a bit from school to school, so you should really check out (with the admissions office AND with past students) what sort of involvement they take if you are to do a PT program.

Anyhow, you have thankfully started thinking about this early enough that you can do research, speak with people, visit even, and roll these questions around in your head (as well as perhaps jockey for more money from your employer???).

Let me know if there is any other way I can help,
Best,
JF
avatar
InitechFPA
Intern
Intern
Joined: 15 Nov 2012
Posts: 8
Own Kudos [?]: [0]
Given Kudos: 3
Schools: Tuck '15
Send PM
Re: Profile Evaluation Request [#permalink] New post   03 Jan 2014, 15:47
JonAdmissionado wrote:
Hey there,
Well, there's no doubt that an FT program comes with more prestige, and just as (or even more) importantly the active, constant help of the Career Office to land you something sweet after graduation, which is something you will miss out on if you do the PT program, in which in most cases, if you are looking for a change you will have do a LOT more of the legwork yourself. The involvement differs a bit from school to school, so you should really check out (with the admissions office AND with past students) what sort of involvement they take if you are to do a PT program.

Anyhow, you have thankfully started thinking about this early enough that you can do research, speak with people, visit even, and roll these questions around in your head (as well as perhaps jockey for more money from your employer???).

Let me know if there is any other way I can help,
Best,
JF


Jon, thanks for the additional input. I'm going to start doing a little more legwork, since I do have plenty of time to go until my decision. I will make sure to reach out again if I have any questions and more so if I have any need of your services! Thanks so much for all of the help!
User avatar
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Joined: 30 Nov 2009
Posts: 9216
Own Kudos [?]: 2061 [0]
Given Kudos: 69
Location: Chicago, IL
Schools:Brown University, Harvard Business School
Send PM
Re: Profile Evaluation Request [#permalink] New post   05 Jan 2014, 01:16
Expert Reply
You got it dude. My pleasure.
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