Hello . . would you mind evaluating my MBA chances?
I am currently in my mid 30's and want to get my MBA to work on Wall Street. My plan is to get an MBA from a top school so that I can bypass the crazy 90-100 workweeks and go directly to the buy-side of the industry where I can manage my own mutual fund. I have a non-traditional design background, but I plan on using this to my advantage in my essays while applying to top programs. I scored a 640 on the GMAT (V 94% Q 44%) but will offset this by taking some statistics and math classes at the local junior college. My undergraduate education GPA was 2.97, but it was quite a while ago and if I take some math classes I'm thinking this should offset my low GPA.
I've narrowed my choices quite a bit, and will apply only to the following schools:
Wharton (stretch school)
Stanfard (stretch school)
University of Washington
It's not a matter of whether I get in, but rather where . . . any chance you could let me know my chances at the above schools? Additionally, if all goes to plan, my wife will be giving birth to our second child right about the time I would start classes, so I need a campus that provides a good environment in which she would be able to find employment to help support the family and that also has daycare facilities for the children . . .although that's not my main concern.
Since I'm from Virginia, I'm really hoping to stay on the East Coast, but have resigned myself to the possibility of getting into Stanford, which means I'd have to relocate.
Thank you for the great site and I look forward to your advice!
Of the schools you listed, Tuck, Stanford, Harvard, and Kellogg are well regarded for being "family friendly," but I can't speak to your question regarding daycare facilities.
Because of your GMAT and age I would say the following schools are definitely long shots for you: Wharton, Stanford, Tuck, NYU, and CBS. I also think the following schools may be tough for you: CMU, Cornell, and Rochester. I think you are competitive at the rest of the schools: Washington, Boston U. and C., UC Davis, Penn State, and UNC. Of those schools, UNC stands out by a long shot as being (a) strong in finance and (b) highly regarded nationally.
I hope this helps.
Co-Author of: MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools
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