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Request a profile assessment gmat 700/ enrepreneur

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Request a profile assessment gmat 700/ enrepreneur [#permalink] New post 06 Jun 2014, 08:25
hi, i am aiming at said business school and cornell. I would be grateful if you could let me know if I have a strong enough profile for these schools. i plan to complete my mba to come back to india and take my business to the next level.

Age: 24
Nationality: Indian
Sex: Female

gmat (first attempt) : 700
verbal 40
quant 47
ir 7
essay 5

Graduation:
Bachelor of Design (B.Des) Knitwear Design Department from National Institute of Fashion Technology, New Delhi (JULY 2008 - MAY 2012)
Semester: Sgpa:
I 9.55
II 8.42
III 9.28
IV 8.65
V 8.84
VI 9.74
VII 8.14
VIII 5.00 (faculties did not support the idea of a startup while still studying and hence took it out on grades)

CGPA: 8.56

AWARDS:
Gold medal and cash prize of 11000 INR for best academic performance for batch of 2008-2012 Knitwear Design Department.

WORK EXPERIENCE:
Few internships during college (textile mills and fashion houses).
Launched a brand for bags in january 2012 (starting of eighth semester in college) with 2 classmates.
Started with an investment of 1.5 lakhs rupees with a total investment of 8 lakhs till date.
Current turnover : Approx 4 lakhs- 5 lakhs rupees per month.
Position in company: Founder and Director with 33% equity share.
ROLE: Learnt all aspects like handling time bound production, packaging, finance, marketing, Human resource management, dealing with buyers, product presentation, team work ,etc.
EMPLOYEES IN COMPANY: 1 office assistant, 2 people for quality control, production outsourced to 2 companies working exclusively for us one with 9 tailors and one with 15 tailors, 1 person for marketing, 1 chartered accountant.


EXTRA CURRICULARS:

Photography (all photoshoots of bags in the company done by me)
styling and modelling for photoshoots for 2 brands.
walked the ramp for World of Wearable Art through FDCI.
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MBA Admissions Consulting
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Re: Request a profile assessment gmat 700/ enrepreneur [#permalink] New post 09 Jun 2014, 13:15
Expert's post
Hello,

Congratulations on getting your business up and running!

I consider you to be a viable applicant to Cornell Johnson and Said – I believe they’d be reasonable reaches, with emphasis on “reasonable” – i.e., more challenging than on-par level, but not super high reaches either.

That said, there are some potential pitfalls. The main one is what you will do with the business during your MBA studies – these programs want you to be 100% involved in school and don’t expect students to be running a business “on the side” – giving that impression will hurt your application. So develop a plan for the business during your studies, something that might let you be involved peripherally or on a very part-time strategic level but not running business day to day.

Also, discuss last semester grades in an optional essay – just a brief, straightforward statement about why this occurred.

Finally, be specific about your goals and aims for your company – don’t rely on generic phrases like “take it to the next level.”

You have some challenges, but also some impressive experiences and distinguishing factors. Good luck!
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Cindy Tokumitsu
Senior Advisor, Accepted
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