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Profile Evaluation- Thank you for your insight!

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Intern
Intern
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Joined: 20 Dec 2011
Posts: 6
Followers: 0

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

Profile Evaluation- Thank you for your insight! [#permalink] New post 20 Dec 2011, 12:09
Thank you for having a look!

Work Experience

12 years Sales and Marketing Management in Financial Services, 11 years managing people and/or business lines. Current position: Director, Insurance and Financial Planning, managing 12 people and $16 million revenue business line

Also I run a $1.5 million annual revenue online retail business (event ticket resale) with four employees that I founded in 2007

Age: 34

GMAT 670 (42Q, 40V) Felt very good about essay, expecting 5+

College info: Middlebury College, 1999 3.6 American Literature

Professional Designations: Certified Financial Planner CFP®, Chartered Life Underwriter CLU®, Chartered Financial Consultant ChFC®,

College and Post College Extracurriculars: Debate Team President, Classical and Jazz Trained Vocalist, Cover Band Lead Singer (opening in 2006 for Blue Oyster Cult), 2004 Credo Community Service Award

Wrote Articles For and/or Quoted in Industry Publications: National Underwriter, Investment News, Life Insurance Selling

Featured on PR Daily November 11th 2011 “How to Deliver an Exciting Speech on a Dull Topic”

I’m looking to get my MBA to give me the skill set to get to the next level with my financial services career (rather than being stuck in middle management forever) or to grow my online business.

I had planned to apply the U Mass Online MBA program (already taking classes there) but I’m thinking I may be selling myself short since my GMAT would be well over the 90th percentile for them. But the low cost, and local familiarity (I Iive in and plan to stay in Boston) still have substantial appeal.

Is a top 20 online program like Indiana or UNC worth the extra cost or an exec program like Sloan (4 times the cost) from an ROI perspective? With company contributions, I’m out $15k for Umass, UNC $75k out of pocket and Sloan would be 120k out of pocket.

Could my profile get me into a top full time program like HBS where I’d consider dropping my day job for the experience?

Are there mid-tier PT or Exec programs in the Boston area that would potentially provide any merit based aid?

As they say you only do this once, and for the cost and effort I don’t want to under (or over) reach.

Thanks Alex. Appreciate any insight you have here!
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Re: Profile Evaluation- Thank you for your insight! [#permalink] New post 01 Jan 2012, 12:49
Given where you're at in your life and career, I'd say look at some solid exec or part-time programs like you had mentioned; I wouldn't bother with online programs as they won't really do much for you.

Schools like HBS are likely going to be out of reach, at least for their full-time programs. You may want to look into their AMP programs or any executive programs they have on offer.

Beyond that, I think it's hard to really justify going back given your career so far - you're already in business, and the MBA at this point is purely just a credential at a time in your career where people will value you more for your experience than for your credentials (credentials matter much more for inexperienced folks or those who are much earlier in their careers).
_________________

Alex Chu
alex@mbaapply.com
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Re: Profile Evaluation- Thank you for your insight!   [#permalink] 01 Jan 2012, 12:49
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