Please provide assessment on my chances at R3 Booth & Tuck.
GMAT - 700 49Q 36V 5.5AWA. Only took once recently and chose to focus on apps due to work priorities rather than retake for higher verbal.
WE - 7 years at top 3 bank in diverse areas. Most recently 1yr program management in risk for a Federal Reserve Board mandated quarterly report, previously 2 yrs IB tech business management w/ responsibility of $20MM+ budget, corporate transition pmo and consumer bank analytics. Showing promotion and major salary growth.
Undergrad - 3.33 Business from state school. Have the hurdle of poor grades in engineering program during first year at different top Engineering school at 17.
Age - 29 (as of 9/2012)
Essays - Very strong, spent a lot of time on this.
EC - Average. Good charitable fund raising
Recommendations - Should be strong from 2 prior managers including my IB tech managing director whom I reported to directly.
Career objective - COO for trading division at IB (current lean is towards commodities)
I was a bit late to the process this year when I decided to consider full time MBA in January (I had been looking at the Duke cross continent program but I cannot get 6 weeks off to do the in persons). My timeline only left the option of April deadlines thus eliminating Wharton. I chose not to apply to Columbia due to facilities and cost of living in NY. This left Booth and Tuck as options as I don't feel I get enough ROI considering opportunity cost and risk of leaving work outside top 10 with where I'm at right now career wise. I juggled 50+ hour/week work schedule and studying for GMAT. I could probably do 20+ points better as the building the testing center was in had major roof maintenance going on when I took it making the verbal particularly hard to concentrate on. Practice tests verbal ranged from 36-44. I figure with where my salary is, age and work experience, it does not make sense to go full time after another year so I would be looking at NYC or Chicago part time programs in the event I'm rejected this year. I figure I would be a strong candidate at Booth, Kellogg and Stern night programs.
Your profile is strong enough to apply in round 3.
Schools look for a bit more than right FIT when you apply in round 3, schools would have already selected a good number of students from every specific backgrounds, so sometimes even if you have very strong profile, you do not get in.
So, when you apply at round 3, you have to show that you are not that "typical" banker only, and you have some great additional insights to offer that the other bankers can not. ( i have been a banker before , and i know its difficult to articulate, but not impossible), I saw one applicant getting in with manufacturing background in round 3 last year, he was a typical profile, but he had started a small venture while working full time, and he had a great story that helped him get in.
You have to have very very strong essays and recommendations, your story must be BANG ON story.
Let me know if i could be of any help
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