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Request for Profile Evaluation- into entrepreneurship

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Request for Profile Evaluation- into entrepreneurship [#permalink] New post 30 Jan 2010, 13:10
Alex, I would appreciate a candid evaluation of my profile.

General Info:
- 25/male/east indian origin/canadian citizen. applying for 2011 Fall
- GMAT 690 per OG diagnostic. working to get it to ~720
- UG: Chemical Engineer from Univ of Waterloo in Canada (top program in country). GPA - 80% (not sure how to convert)

Work experience:
- By Fall 2011, would be 4 years working for a chemical company. promoted once in the 2 years Ive been there. Several applauses and leadership projects undertaken. Mentored/hired interns.

- I'm also working on a start-up outside of my day job above that I co-founded and am the chief exec of for the past 1.5 years. We have $30K in revenues and are working on expanding the business with funds from day job. 2 of us co-founders plus several consultants/contractors that I work with. Lots of leadership learnt/shown. Also have another company president and one other company ceo as mentors.

UG experience:
- Interned at pharma, oil and nuclear companies for a total of 2 years during UG for 4 months at a time
- Co-founded a company with 2 others and an engineering prof. Sought funding. Entered biz plan competition and was one of the top 5 finalists
- Recreational sports

Other ECs
- Member of city's environmental committee
- Board member of a Young Professional Organization in town

Passion - Start-ups, entrepreneurship

Reason to apply - I live in a small town in Canada. Very difficult to build a team, lack of enough smart people, resources. Want to go to a biz school to meet like-minded/smart ppl to start company with and also learn more about biz

Recommendations: Can get one from our mentor who is president of his company, one from my supervisor at day job and a couple from colleagues/co-founder

Schools:
HBS, Stanford, Booth, Mccombs (Asutin)

Questions:

- Do I have a shot in any of the schools above?
- My main reason to go to B-school is so I could start a company in a start-up hub like california, boston, chicago, austin where there are plenty of resources/capital, smart ppl/team building opportunities. Should I just try to get a job in those cities instead? i.e. will I meet ppl in my mba program that would want to start companies/take risks?

Appreciate your feedback. Thank you!
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Re: Request for Profile Evaluation- into entrepreneurship [#permalink] New post 01 Feb 2010, 23:37
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You'll have to readjust your expectations (a familiar refrain here on the GMAT Club thread here... but again, this discussion board isn't fully representative of the b-school applicant pool - if it were, you'd see a lot more Ivy types working at Goldman, Morgan Stanley, McKinsey, BCG, Bain, PE funds, etc. here).

HBS and Stanford are long shots. You seem like a good guy, but a bit too middle-of-the-road for them. Their bread-and-butter with Canadians tends to be blue chip kids who went from McGill/Queen's/US Ivy straight to banking/consulting, and/or rich kids from prominent Canadian families (who tend to have blue chip resumes anyhow). I know that might suck to hear that since Waterloo is a strong engineering program, but the b-school adcoms know as well as the Canadians do that while the smart math kids go to Waterloo, the rich/connected kids (or those who aspire to be) go to McGill and Queen's (and not necessarily even UofT, because the kids from Rosedale/Lawrence Park and the other exclusive neighborhoods can afford to send their kids away for school rather than commute to UofT).

Booth is a stretch. If you really want to go here, choose this as your dream school.

Where your sweet spot likely will be is in the Duke/Darden/Michigan/Haas/NYU/UCLA/Yale/Cornell range. Those are the range of schools you should be targeting (choose 4-5 from this list). And then maybe choosing 1-2 schools (Ivey/Rotman/Queen's) as backups.
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Re: Request for Profile Evaluation- into entrepreneurship [#permalink] New post 02 Feb 2010, 06:47
Are you from Toronto Alex? Always assumed you were born and raised in the US :)
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Re: Request for Profile Evaluation- into entrepreneurship [#permalink] New post 03 Feb 2010, 09:33
I lived there in the summers when I was in college.
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Re: Request for Profile Evaluation- into entrepreneurship   [#permalink] 03 Feb 2010, 09:33
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