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Work Experience Progression

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Work Experience Progression [#permalink] New post 20 Feb 2011, 14:02
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Hi, I am still waiting to hear back from two top 25 programs, but have already been waitlisted from Fuqua and interviewed but denied by HBS. I feel I have a very strong application (740 GMAT, 3.9 GPA from top 10 public, active in extracurriculars), however I will only have 2.5 years work experience by this Fall. From what I've read, it sounds like most business schools are really looking for applicants with 4-5 years work experience. This weakness in my application could easily be made up by just working for another year or two, but my dilemma is I feel I am in a bit of a dead end position. I work as a financial analyst for a Fortune 500 company and have accumulated multiple accomplishments within my role. However, my manager has told me I would not be considered for a promotion within my company until I earn my MBA, which is a bit of a Catch 22. I also have become frustrated, as I have had no significant raise since joining this company straight from graduation. Would working an extra 1-2 years with no promotion be an asset or a liability in my application?
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Re: Work Experience Progression [#permalink] New post 21 Feb 2011, 10:36
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Did you apply to Stanford? Both HBS and Stanford have been gearing up for younger applicants, much like yourself, as well as those with very strong academic and GMAT scores, again, such as yourself. To be honest with you, 2.5 is a bit low for most of the top programs, but if you don't get in this year and reapply for class of 2014, you'd have at least 3.5 and that will put you in the running for top schools. Working an extra one or two years will not be an asset nor will it be a liability. It would be what you did within those 1 or two years that will judge the pros and cons. Again, if you don't get in anywhere this year, I'd wait until fall and apply again. It would put you at a much different position, and as I said, look at Stanford as well if you're into west coast schools.
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Re: Work Experience Progression [#permalink] New post 22 Feb 2011, 18:51
Don't let the most school's average 4-5 years of work experience spoil your MBA aspirations. If you can convincingly explain adcom why this is the right time for you to do MBA, there is no reason why it would act as a hurdle. Just the fact that you got interview call from HBS shows that you have a sufficiently strong application but fell a little short on execution.
Re: Work Experience Progression   [#permalink] 22 Feb 2011, 18:51
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