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

It is currently 23 Oct 2014, 14:01

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

Tough Dilemma

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Manager
Manager
avatar
Joined: 07 Nov 2011
Posts: 65
Followers: 0

Kudos [?]: 22 [0], given: 2

Tough Dilemma [#permalink] New post 17 Nov 2011, 14:26
Greetings,

I graduated from my undergrad with a major in Finance in only 3 years in 2010 and have been working for a fortune 500 defense company ever since. I am regarded as a top performer and also worked for them for a year during my undergrad as an intern. I took the GMAT once and scored a 660 and am scheduled to take it again in exactly 1 month in hopes of a 700+.

My dilemma is the more I study the less confident I am that I will break 700. I also can't stop thinking that even if I do break 700 it will be a hard sell to get into a top MBA program with only 2 years of work experience at matriculation.

The reason that I want to go back to school and get a top MBA is I want to work in the financial industry (preferably i-banking) because to be frank I completely hate my current job. I have applied to literally hundreds of financial jobs online but I feel like I'm just beating my head against a wall because it hasn't gotten me anywhere. I don't want to wait until 2013 to get more work experience and then apply to my MBA because the work experience that I am getting is completely irrelevant to what I want to do!

The MBA formula seems like a catch 22 for early career switchers because it requires years of work experience to go back so you are almost forced to stick it out with the job you have.

Do you have any advice for a person with my Dilemma? Should I stick it out and just wait for another year at my current hell i mean job, take one of those sketchy commision only financial planning jobs to get me somewhat closer to i-banking or just let bigons be bigons and go to work for my dads construction company?

Is it out of the question for me to get into a top program with only 2 years work experience and coming from a non-pedigree school? Also, is there a sense of leniancy when it comes to work experience if i apply to a 10-25 ranked program instead?

Thanks.
Kaplan GMAT Prep Discount CodesKnewton GMAT Discount CodesManhattan GMAT Discount Codes
Expert Post
MBA Admissions Consulting
avatar
Joined: 23 Dec 2010
Posts: 668
Followers: 13

Kudos [?]: 13 [0], given: 0

Re: Tough Dilemma [#permalink] New post 04 Dec 2011, 13:34
Expert's post
treydingo wrote:
Greetings,

I graduated from my undergrad with a major in Finance in only 3 years in 2010 and have been working for a fortune 500 defense company ever since. I am regarded as a top performer and also worked for them for a year during my undergrad as an intern. I took the GMAT once and scored a 660 and am scheduled to take it again in exactly 1 month in hopes of a 700+.

My dilemma is the more I study the less confident I am that I will break 700. I also can't stop thinking that even if I do break 700 it will be a hard sell to get into a top MBA program with only 2 years of work experience at matriculation.

The reason that I want to go back to school and get a top MBA is I want to work in the financial industry (preferably i-banking) because to be frank I completely hate my current job. I have applied to literally hundreds of financial jobs online but I feel like I'm just beating my head against a wall because it hasn't gotten me anywhere. I don't want to wait until 2013 to get more work experience and then apply to my MBA because the work experience that I am getting is completely irrelevant to what I want to do!

The MBA formula seems like a catch 22 for early career switchers because it requires years of work experience to go back so you are almost forced to stick it out with the job you have.

Do you have any advice for a person with my Dilemma? Should I stick it out and just wait for another year at my current hell i mean job, take one of those sketchy commision only financial planning jobs to get me somewhat closer to i-banking or just let bigons be bigons and go to work for my dads construction company?

Is it out of the question for me to get into a top program with only 2 years work experience and coming from a non-pedigree school? Also, is there a sense of leniancy when it comes to work experience if i apply to a 10-25 ranked program instead?

Thanks.

I think the only formula that you have stumbled upon is this: applying to online job ads yields little success.
Here are some of your options: Network. Find people you know or fellow alumni who are in the financial industry and see if they can help you get your foot in the door of the industry.
Pursue an MSc in Finance. These pre-experience/short experience programs offer a year-long education in finance and great placement options in the industry.
It is not out of the question to be accepted to a top program with just 2 years of experience, but those 2 years need to be walk-on-water amazing. Yes, there is greater "leniency" about the quality of that work experience as you move down the rankings, but there is typically a drop in finance field placements as well in that descent.
_________________

Regards,
Jennifer Bloom, CPRW
jbloom@accepted.com
310-815-9553

Follow Accepted on Twitter
Friend Accepted on Facebook
Subscribe to Accepted's Blog

    Similar topics Author Replies Last post
Similar
Topics:
Dilemma arasulov 2 30 Mar 2011, 09:09
1 Dilemma hedgemat 4 30 Mar 2011, 06:29
5 ** Dilemma ** ariel 20 12 Nov 2008, 13:41
1 Experts publish their posts in the topic Dilemma phidelt689 1 18 Apr 2008, 09:59
Dilemma ValleyBall1 2 02 Aug 2005, 09:10
Display posts from previous: Sort by

Tough Dilemma

  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®.