lxa wrote:
Paul
I am completely confused. I have excellent stats, but not much work experience, and I need to either go for an Master of Finance or MBA next year. What should I do? What shools to target for MBA?
Profile:
Polish, finished small college in Midwest in 2006
GPA: 3.9, Magna Cum, Economics & International Management
GMAT 750
Work exp: two high profile internships and one econ research co-ap in DC in one of the most presitgues think-tanks in the world and in the leading international PR/public affairs firm- total 1 year, did 6 months of hard core econ research, assisted with two publications, attended number of conferences, etc Then I was a independent consultant. I went to South America for two months to conduct market research in wine industry for a company from Poland.
Extra: VP of fraternity, organized over 20 events in community service/pr area (innitiated all of them), managed over 50 people, won numerous awards, led effort to raise over $15,000 in 1 year (record for my college).
Founded and led a business fraternity on my campus, chapter of PBL, placed (top 10) in national business competition for college students (twice).
Overall: good extra, internships, GMAT, GPA...no full time work experience after graduation
What schools should i target?
What are my chances?
2) My Quant was 48, which is okay but nothing special. If I decide to go for a master in finance, should i retake the GMAT to get better Q (i can easily get 50-51, last time was sick), even thought my overall score will be probably similar? Should i go throught this effort, or will the MF programs not care much about 48 in Q, given my overall high score?
thanks in advance
cheers!
P.s. i posted a similar post before
lxa,
You have a very impressive profile, so I would encourage you to aim high at B-schools that are on record as welcoming younger applicants, such as HBS, Stanford, Rochester (strong in finance), Cornell. I think you might have a chance with one or more of these schools if you execute properly with great essays. Obviously, you will need to make a very strong and savvy case for why your goals require you to get the MBA (or MF) now. Show that despite the work experience you have figured out what your goals are and have proven your leadership and impact.
You didn't mention goals, which would determine whether an MF or MBA is most appropriate for you, but as a general rule the MBA is the more versatile and more management-oriented degree, and you seem to have "managerial" (leadership) profile.
Good luck,
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