Find all School-related info fast with the new School-Specific MBA Forum

It is currently 21 Sep 2014, 04:52

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Starting to think about business school

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Intern
Intern
avatar
Joined: 03 Jun 2012
Posts: 3
Followers: 0

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

Starting to think about business school [#permalink] New post 03 Jun 2012, 22:08
Hello everyone, I've been browsing this forum for a while as I'm interested in getting my mba. I'm wondering about where I stand as far as schools I can get accepted to. I have a ugrad gpa of 3.0 in finance from a state university with a fairly good business program. I was president of my fraternity which had the highest gpa on campus. I have 1 year of experience working in real estate and 2 years of experience in retail banking and have had success in both. I haven't taken the gmat or gre yet as I'm just starting to research, however I have always done very well on standardized testing. I'm male and not a minority btw. Would I stand any chance for a tier 1 or 2 school? I have also been considering taking some mba classes as a non matriculating student locally, assuming I had a high gpa in that how much would that boost my chances?
Kaplan Promo CodeKnewton GMAT Discount CodesGMAT Pill GMAT Discount Codes
1 KUDOS received
VP
VP
User avatar
Status: Current Student
Joined: 24 Aug 2010
Posts: 1346
Location: United States
GMAT 1: 710 Q48 V40
WE: Sales (Consumer Products)
Followers: 98

Kudos [?]: 400 [1] , given: 73

Premium Member
Re: Starting to think about business school [#permalink] New post 04 Jun 2012, 05:54
1
This post received
KUDOS
spookys6 wrote:
Hello everyone, I've been browsing this forum for a while as I'm interested in getting my mba. I'm wondering about where I stand as far as schools I can get accepted to. I have a ugrad gpa of 3.0 in finance from a state university with a fairly good business program. I was president of my fraternity which had the highest gpa on campus. I have 1 year of experience working in real estate and 2 years of experience in retail banking and have had success in both. I haven't taken the gmat or gre yet as I'm just starting to research, however I have always done very well on standardized testing. I'm male and not a minority btw. Would I stand any chance for a tier 1 or 2 school? I have also been considering taking some mba classes as a non matriculating student locally, assuming I had a high gpa in that how much would that boost my chances?


If you're going to take classes to create an alternate transcript, don't take MBA ones. The credits won't transfer to whatever program you matriculate into. You're fine taking college level courses in stats, economics, calculus, etc.

On first glance you seem to have a viable shot at a Tier 2 school at the least, maybe the lower end of tier 1 too. It would really depend on your roles within real estate and retail banking and what bank you work for. Your best indication of where you could end up is where your peer set gained admission. If no one at your employer is getting into top 25 schools it's a safe bet that you won't be blazing that trail. If several have gone to tier 1 schools then you should have a shot at it too. Business schools especially the top 10 tend to choose people based on the selectivity of their employer and the job they have at that employer. I would say that's even more important than the GMAT. You can get an 800 on the GMAT but if you're working as a bank teller you're not getting into a top school. Hope this gives you a point of reference from which to start.
_________________

The Brain Dump - From Low GPA to Top MBA (Updated September 1, 2013) - A Few of My Favorite Things--> http://cheetarah1980.blogspot.com
Image

Intern
Intern
avatar
Joined: 03 Jun 2012
Posts: 3
Followers: 0

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

Re: Starting to think about business school [#permalink] New post 04 Jun 2012, 13:21
Thanks for the reply. I'm a little confused on your first point though of taking undergrad classes rather than mba level, wouldn't I be better off taking a few grad level classes and getting a high gpa in them then undergrad? That way it would show that I can be successful at a graduate level? Also with my degree I have already taken quite a bit of econ, stats, etc. so it would seem to overlap. My work in real estate was as an agent for a real estate brokerage and in banking it was first as a personal banker then promotion to assistant branch manager, I am 25 btw. It's one of largest and most respected banks in the country. A program that is looking interesting to me is the UNC Chapel Hill MBA with concentration in real estate. That would seem to be a good fit and seems to hover around lower tier 1 and upper tier 2.
Does anyone have any advice as to what other things may improve my chances such as pursuing certifications or anything like that?
Current Student
User avatar
Status: Go Blue!
Joined: 03 Jun 2010
Posts: 685
Location: United States (MO)
Concentration: Nonprofit, General Management
Schools: Michigan (Ross) - Class of 2015
GMAT 1: 740 Q47 V45
GRE 1: 336 Q169 V167
GPA: 3.22
WE: Information Technology (Manufacturing)
Followers: 16

Kudos [?]: 145 [0], given: 249

GMAT Tests User
Re: Starting to think about business school [#permalink] New post 04 Jun 2012, 13:39
spookys6 wrote:
Thanks for the reply. I'm a little confused on your first point though of taking undergrad classes rather than mba level, wouldn't I be better off taking a few grad level classes and getting a high gpa in them then undergrad? That way it would show that I can be successful at a graduate level? Also with my degree I have already taken quite a bit of econ, stats, etc. so it would seem to overlap. My work in real estate was as an agent for a real estate brokerage and in banking it was first as a personal banker then promotion to assistant branch manager, I am 25 btw. It's one of largest and most respected banks in the country. A program that is looking interesting to me is the UNC Chapel Hill MBA with concentration in real estate. That would seem to be a good fit and seems to hover around lower tier 1 and upper tier 2.
Does anyone have any advice as to what other things may improve my chances such as pursuing certifications or anything like that?


Unfortunately, there's a perception of grade inflation with graduate classes, so that stigma is one to avoid. I do have to make a slight adjustment to cheetarah's note about the transfer of credits. While pre-MBA credits rarely count toward your degree (I have seen that actually though, Kellogg's PT MBA is one example), they can help you waive out of core classes. Just be aware that the waiver requirements can vary greatly among schools.

I knew I was tied down for two years, so I did a full blown Master of Accounting as an alternate transcript, which contributed to me waiving out of 5 core classes at Ross. That's given me room to add a lot of electives, allowing me to pick more concentrations or go deeper into specific ones. I also don't feel like I wasted time or money taking marginally beneficial coursework.
_________________

ME: PROFILE | CPA: BEC AUD FAR REG | CMA: ONE TWO

bitly bundles: mba rankings | mba programs

Get the best GMAT Prep Resources with GMAT Club Premium Membership

VP
VP
User avatar
Status: Current Student
Joined: 24 Aug 2010
Posts: 1346
Location: United States
GMAT 1: 710 Q48 V40
WE: Sales (Consumer Products)
Followers: 98

Kudos [?]: 400 [0], given: 73

Premium Member
Re: Starting to think about business school [#permalink] New post 04 Jun 2012, 17:00
Yes, method is right, taking relavent courses will allow you to waive core classes (usually there is a test). Waiving a class doesn't give you credits, but it will allow you to replace them with electives (like method said). If you've already taken classes like stats and econ and done well in them (at least a B) then do not retake them. Honestly a 3.0 isn't a bad GPA. It's a B average. B's are good they just don't show excellence. If you were a straight B student (i.e. no failing grades or Ds) then I don't really think there is much to really offset. I am only saying, don't pursue the Masters in an attempt to mitigate your GPA. Do it cause you want the degree. If you still feel you need an alternative transcript maybe take some upper level undergrad classes in the quantitative areas previously mentioned. Maybe econometrics or decison sciences. Hope this helps.

Posted from my mobile device Image
_________________

The Brain Dump - From Low GPA to Top MBA (Updated September 1, 2013) - A Few of My Favorite Things--> http://cheetarah1980.blogspot.com
Image

Intern
Intern
avatar
Joined: 03 Jun 2012
Posts: 3
Followers: 0

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

Re: Starting to think about business school [#permalink] New post 04 Jun 2012, 21:04
Well honestly, I'm not concerned with taking courses for credit, just courses to hopefully improve my application. I don't have much to improve in statistics and econ ( I was basically a B and A student in each). I can do classes in either undergrad or grad but I was pretty consistent in my undergrad... there is no glaring area where I feel I need improvement. What I was considering was taking a few mba classes at the local university (which is also where I received my BS in finance) to both improve my transcript and give me a feeling for how an mba suited me. Now I am aware of the grade inflation common in grad schools but I feel that if I get a respectable gpa it will be considered no matter what and give me a feeling of what I'm in for. Also, and I know this will open a HUGE can of worms, but my local university is a regionally respected up and comming business school, unranked however and will cost me around 10k. Compared to whatever $$$ other schools will cost. Now for me I can deal with the financial burden of just about anywhere, but unless the school gives me a big advantage, obviously I should go with my alma mater
Current Student
User avatar
Joined: 27 Jul 2007
Posts: 51
Location: United States (TX)
Concentration: Finance, Entrepreneurship
GPA: 2.42
Followers: 0

Kudos [?]: 6 [0], given: 7

Re: Starting to think about business school [#permalink] New post 04 Jun 2012, 21:14
What they are saying is correct! I work retail banking and it's very important that you play up a lot of your leadership qualities and quant skills. So take one or two courses at a community college (it shows your commitment) and study for GMAT/GRE seriously. I won't say don't focus on Tier 2 schools but your school choices should be based on your long term goals. Remember that how you feel now probably won't be the same 3-5 years from now. So reach for the best to limit the regrets!!

Posted from my mobile device Image

Posted from my mobile device Image
_________________

Follow my Blog as I attempt to pay it forward !!!
http://mbatechfinance.tumblr.com/

Intern
Intern
avatar
Joined: 11 Jun 2012
Posts: 5
Followers: 0

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

Re: Starting to think about business school [#permalink] New post 11 Jun 2012, 19:18
TRISTLW wrote:
What they are saying is correct! I work retail banking and it's very important that you play up a lot of your leadership qualities and quant skills. So take one or two courses at a community college (it shows your commitment) and study for GMAT/GRE seriously. I won't say don't focus on Tier 2 schools but your school choices should be based on your long term goals. Remember that how you feel now probably won't be the same 3-5 years from now. So reach for the best to limit the regrets!!


That's precise and gives the importance of choosing a long term goal as our thoughts would change in long run. Something which I thought to share.
Re: Starting to think about business school   [#permalink] 11 Jun 2012, 19:18
    Similar topics Author Replies Last post
Similar
Topics:
5 Experts publish their posts in the topic What Recruiters Really Think Of The Top Business Schools jumsumtak 1 11 Feb 2013, 06:39
Starting to think about the GMAT karzo360 5 01 Nov 2011, 03:28
6 Everything about London Business School arundas 7 12 Dec 2010, 17:55
2 Starting to think about the $$$ dghazer 12 03 Nov 2008, 16:37
Display posts from previous: Sort by

Starting to think about business school

  Question banks Downloads My Bookmarks Reviews Important topics  


cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.