Find all School-related info fast with the new School-Specific MBA Forum

It is currently 22 Oct 2014, 17:54

Going on right now!

Live Q&A Session with HKU Admissions Team | Join the chat room to participate.


Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Profile evaluation - specific question about work experience

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Intern
Intern
avatar
Joined: 19 Apr 2011
Posts: 44
Followers: 0

Kudos [?]: 11 [0], given: 6

Profile evaluation - specific question about work experience [#permalink] New post 19 Apr 2011, 23:05
Deleted

Last edited by dilbert99 on 19 Nov 2012, 16:29, edited 1 time in total.
MBA Admissions Consulting
avatar
Joined: 26 Dec 2008
Posts: 2428
Location: Los Angeles, CA
Followers: 72

Kudos [?]: 527 [0], given: 0

Re: Profile evaluation - specific question about work experience [#permalink] New post 20 Apr 2011, 07:23
With a year or so more of experience, you'd be competitive for schools outside of H/S/W -- right now, you still have a chance, but if there's any concern it would be that you have less than a lot of the students in the class (who typically have around 4-5 years).

For H/S/W, all three are trying really really hard to move away from finance guys. Stanford has never really been a fan of the finance guy, and HBS and Wharton have been trying really hard to diversify their incoming classes away from finance. HBS was never a fan of cookie cutter engineers (read: Asian engineers), and had a healthy contingent of finance guys in the past like yourself, but with the 2+2 crop of kids taking up 100+ spots each year, it will be at the expense of a lot of finance guys (as you may have known, this past year there was a brouhaha because quite a number of guys from KKR and other top tier funds were getting rejected at HBS to a larger degree than past years, and since this upcoming year will be the first year of the 2+2 folks entering class, my guess is finance guys were the chief victims). Wharton as well has waitlisted a crapload of people, and the folks who I've seen had more success this year get in (whether straight in or off the waitlist) weren't standard issue finance guys. Most were in anything else but finance, or did finance but may have switched out completely so that it's a strong sign they're not going to be a standard issue PE/HF/IM job seeker.

It's not like there's no finance guys that get in, but that the adcom's preferences have changed.

Out of all the so-called "traditional" applicants (finance, consulting, engineering, corporate) -- management consultants still are the bread and butter and what adcoms tend to favor most. In other words, if you were a college kid whose entire existence is about trying to get into a top b-school but you weren't a pro athlete, film industry guy, Bono-like nonprofit professional, etc. then your best chance for getting in is to work at top tier consulting firms like McKinsey, Bain or BCG.

From a practical standpoint, if you feel really ready this year, then apply - but focus on schools like Booth, Columbia, Kellogg, Sloan and Tuck. And maybe choose one of H/S/W. Or if you can afford to wait just one year, then your chances at Booth, Columbia, etc. will be better.
_________________

Alex Chu
alex@mbaapply.com
http://www.mbaapply.com
Follow me on Facebook

Intern
Intern
avatar
Joined: 19 Apr 2011
Posts: 44
Followers: 0

Kudos [?]: 11 [0], given: 6

Re: Profile evaluation - specific question about work experience [#permalink] New post 20 Apr 2011, 21:55
Thanks Alex. It's frustrating that adcoms seem to be increasingly obsessed with nontraditional candidates. It seems like they want everyone to be a music major that saved whales after graduation and has NO interest in doing anything business related after getting their MBA. I guess the trick is to demphasize my finance background and play up my nonprofit / volunteering activities?
MBA Admissions Consulting
avatar
Joined: 26 Dec 2008
Posts: 2428
Location: Los Angeles, CA
Followers: 72

Kudos [?]: 527 [0], given: 0

Re: Profile evaluation - specific question about work experience [#permalink] New post 21 Apr 2011, 13:17
I can understand how you may feel, but keep in mind that adcoms are NOT focusing on non-traditionals. They are just less interested in banker types.

Keep in mind that Wall Street types are not exactly held in high esteem right now by the public or business community alike. Yes it's unfair to paint everyone who works in that industry in that way, but that's the current climate. And business schools do want to distance themselves or at least not associate themselves too closely with an industry that isn't exactly highly regarded at this point (remember that MBA adcoms and administration are similar to their parent university in terms of political leanings: they are way more MSNBC than they are Fox News; way more Huffington Post than Breitbart).

Again, they're still taking in plenty of consultants and other corporate professionals, as well as continuing to admit engineers.

Every profession has their share of negative stereotypes, but the IB/PE types happen to be the human pinatas at this point. As such, while banker types have always had to fight that stereotype in their essay/interview narratives, it's something that is even more important now because of the climate. In plain English, if you're a finance guy, you need to convince the adcom that you're not the one-dimensional, money-at-all-costs, nihilistic douchebag stereotype.
_________________

Alex Chu
alex@mbaapply.com
http://www.mbaapply.com
Follow me on Facebook

Re: Profile evaluation - specific question about work experience   [#permalink] 21 Apr 2011, 13:17
    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic Questions about work experience KP7784 2 13 Aug 2013, 17:42
Experts publish their posts in the topic Question about work experience pattycr 2 22 Sep 2012, 18:31
Experts publish their posts in the topic Profile Evaluation/Questions - GMAT/Work Experience Dantastic 1 22 Jun 2011, 19:39
Experts publish their posts in the topic Paul - specific question about profile re: work experience dilbert99 1 23 May 2011, 22:35
Question about work experience nitostyle 3 10 Jan 2007, 08:51
Display posts from previous: Sort by

Profile evaluation - specific question about work experience

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.