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Reapplicant - Help needed please

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Reapplicant - Help needed please [#permalink] New post 05 Jul 2007, 01:42
Hi Paul,

I am a reapplicant this year, and still aspire to be part a top school's community starting Fall 2008.

I have been a beneficiary of all the help that GMAT club extends to aspirants and would need your help in evaluating my chances this year. Just to give you a background : I applied to 3 schools for the admission cycle of July 2007. I was also waitlisted at INSEAD, which susequently did not go through. A brief on my background :

Indian, Male, Age 28 ( currently 4 yrs experience), Banking ( Credit Risk Management), Resident of Singapore,Masters in Financial engineering from Univ of Michigan, GPA 3.3. GMAT first attempt 650 ( Q 44, V 37), Second Attempt 660 (Q 45, V 36). Last time, I applied to Cornell ( 1 yr program), LBS, and INSEAD and was waitlisted by INSEAD.

Schools Interested in :
IIM A - PGPX , India
INSEAD
Duke
Michigan
Kellogg
One more elite/trans elite school (undecided)

My questions to you are :

I took my GMAT the second time today and needless to say I am terribly dissapointed on two counts : First, the score per se is terrible with only 78 perc in Q and 80 per in V. Moreover there is no substantial improvement in my score from the previous time. Second, if I take the GMAT the third time and I do succeed in scoring the 700 barrier, what effect will my previously poor scores have on it. What if i dont improve by much the third time as well, will i be harming my chances more?

Third, Do you think I have a decent shot at any of the above mentioned universities with this score and with my profile?

I am thoroghly confused. I would greatly appreciate your help.

Look forward to hearing from you soon.
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Re: Reapplicant - Help needed please [#permalink] New post 06 Jul 2007, 10:03
Maverick82 wrote:
Hi Paul,

I am a reapplicant this year, and still aspire to be part a top school's community starting Fall 2008.

I have been a beneficiary of all the help that GMAT club extends to aspirants and would need your help in evaluating my chances this year. Just to give you a background : I applied to 3 schools for the admission cycle of July 2007. I was also waitlisted at INSEAD, which susequently did not go through. A brief on my background :

Indian, Male, Age 28 ( currently 4 yrs experience), Banking ( Credit Risk Management), Resident of Singapore,Masters in Financial engineering from Univ of Michigan, GPA 3.3. GMAT first attempt 650 ( Q 44, V 37), Second Attempt 660 (Q 45, V 36). Last time, I applied to Cornell ( 1 yr program), LBS, and INSEAD and was waitlisted by INSEAD.

Schools Interested in :
IIM A - PGPX , India
INSEAD
Duke
Michigan
Kellogg
One more elite/trans elite school (undecided)

My questions to you are :

I took my GMAT the second time today and needless to say I am terribly dissapointed on two counts : First, the score per se is terrible with only 78 perc in Q and 80 per in V. Moreover there is no substantial improvement in my score from the previous time. Second, if I take the GMAT the third time and I do succeed in scoring the 700 barrier, what effect will my previously poor scores have on it. What if i dont improve by much the third time as well, will i be harming my chances more?

Third, Do you think I have a decent shot at any of the above mentioned universities with this score and with my profile?

I am thoroghly confused. I would greatly appreciate your help.

Look forward to hearing from you soon.


Maverick82,

If you get a 700 or higher on your next attempt your prevous attempts won't matter much, but keep in mind that many schools discourage people from taking the GMAT more than three times. Of the schools you listed, I think your best chances are at Duke, Michigan and IIM A. I believe INSEAD and Kellogg may be aiming too high unless you can raise that GMAT (which I assume is the main issue holding you back). You clearly can get into a top 10 or top 15 school, but may have hurt your chances last year by aiming *only* high. If you can relax your standards just a bit you should succeed. You may want to look at Accepted.com's advice for reapplicants.

Good luck,
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Author, Great Applications for Business School and Perfect Phrases for Business School Acceptance

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 [#permalink] New post 08 Jul 2007, 21:09
Hi Paul,

Thanks for the prompt Reply. I will certinly think through the best way to beat the GMAT. However, I dint quite understand this part of your reply

"You clearly can get into a top 10 or top 15 school, but may have hurt your chances last year by aiming *only* high. If you can relax your standards just a bit you should succeed"

Can you please elaborate on this ? Is this with reference to INSEAD? Cos, INSEAD does not include wait-listed candidates in the list of previously rejected candidates.... . Also between the last time and this time, I am "re-applying" only to INSEAD....

Would greatly appreciate your help.

Thank you so much once again.

Skanda
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 [#permalink] New post 11 Jul 2007, 12:20
Maverick82 wrote:
Hi Paul,

Thanks for the prompt Reply. I will certinly think through the best way to beat the GMAT. However, I dint quite understand this part of your reply

"You clearly can get into a top 10 or top 15 school, but may have hurt your chances last year by aiming *only* high. If you can relax your standards just a bit you should succeed"

Can you please elaborate on this ? Is this with reference to INSEAD? Cos, INSEAD does not include wait-listed candidates in the list of previously rejected candidates.... . Also between the last time and this time, I am "re-applying" only to INSEAD....

Would greatly appreciate your help.

Thank you so much once again.

Skanda


Skanda,

All I meant was that last year you applied three highly ranked programs-- Cornell, LBS, and INSEAD--and plan to do so again this year. This "only aim high" strategy lowers your odds of success. If you were to apply to some schools a little lower on the food chain your odds of success would increase.

Good luck,
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Author, Great Applications for Business School and Perfect Phrases for Business School Acceptance

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Update - subsequent to your advice [#permalink] New post 07 Aug 2007, 21:29
Dear Paul,

Subsequent to your advice, I retook the GMAT for the third and final time and am relieved that I got a 700 ( Q 48 V 38 ). If you were to re look at my profile with this development, will your assessment of my chances at the schools ( that I mentioned before) change? Do you think, I can go ahead with my original selection of schools, or do you think I can rebalance my portfolio? Your help is much appreciated.

Thanks,

Maverick
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Re: Update - subsequent to your advice [#permalink] New post 10 Aug 2007, 09:37
Maverick82 wrote:
Dear Paul,

Subsequent to your advice, I retook the GMAT for the third and final time and am relieved that I got a 700 ( Q 48 V 38 ). If you were to re look at my profile with this development, will your assessment of my chances at the schools ( that I mentioned before) change? Do you think, I can go ahead with my original selection of schools, or do you think I can rebalance my portfolio? Your help is much appreciated.

Thanks,

Maverick


Maverick,

Congratulations, that's a big improvement. Based on the little I know about you, I would say that you do have a chance at all of the schools you originally listed. The fact that you were wait-listed at INSEAD and have since raised your score by 40 points tells me they will regard you as a significantly improved candidate. Whether you are a 'competitive' or 'long-shot' applicant at these schools depends on the quality of your career and community experiences in terms of leadership and impact.

Good luck,
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Author, Great Applications for Business School and Perfect Phrases for Business School Acceptance

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Thank you [#permalink] New post 10 Aug 2007, 16:57
Dear Paul,

Thank you so much for your advice. Your help is much appreciated.
Given the recent development, I am considering rebalancing my portfolio, once am done picking the schools, I will run them by you for your opinion.

Thank you once again.

Regards,

Maverick
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Re: Thank you [#permalink] New post 12 Aug 2007, 09:39
Maverick82 wrote:
Dear Paul,

Thank you so much for your advice. Your help is much appreciated.
Given the recent development, I am considering rebalancing my portfolio, once am done picking the schools, I will run them by you for your opinion.

Thank you once again.

Regards,

Maverick


You're welcome.
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Author, Great Applications for Business School and Perfect Phrases for Business School Acceptance

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