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2017 fall review

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Intern
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Joined: 10 Mar 2017
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2017 fall review [#permalink]

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New post 10 Mar 2017, 11:49
Hi,

Is a 730 GMAT and 8+ years of relevant professional experience good enough for the top20 b-schools ?
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Re: 2017 fall review [#permalink]

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New post 11 Mar 2017, 03:55
matree wrote:
Hi,

Is a 730 GMAT and 8+ years of relevant professional experience good enough for the top20 b-schools ?


There is certainly more to it than just the two numbers but if you have an intriguing profile with some feathers in your cap, I would say you have a decent chance. Btw, I personally am a working engineer hoping to clear GMAT for now, so take my comments with a pinch of salt. I am hoping some of the counselors and experts on the forum will have better information or follow up questions.
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Concentration: Marketing
GMAT 1: 750 Q49 V42
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Re: 2017 fall review [#permalink]

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New post 18 Mar 2017, 12:01
matree wrote:
Hi,

Is a 730 GMAT and 8+ years of relevant professional experience good enough for the top20 b-schools ?


Your GMAT score is probably high enough to make a top school take a look at your application. But if you're applying to a Finance PhD, for example, that GMAT score should include a 51Q.

If you're really thinking about PhD, your professional experience may be a little relevant if the school is interested in applied research. But even in those cases, it will be the least relevant kind of experience. They may even prefer someone without professional experience.

The most important kind of experience is research experience. Without some research experience, your chances of getting an offer from a top20 school is virtually zero. The second more important kind of experience is probably teaching experience. And, after that, professional experience.

Applicants who get offers for top20 PhD programs usually have the whole package: GMAT scores close to perfection, research experience, a Master's degree, top GPA, and so on.

Of course you should try. But even the most competitive applicants should apply widely.

PhD is a very different beast from MBA. Professional experience, extracurricular achievements, things like that may actually work against you if you don't know how to handle it.

Please note that there are very few offers from PhD programs in general. A school usually accepts 3 applicants at most for each concentration. Often, less than that. Schools accept less than 5% of a pool of very strong applicants. If I'm not mistaken, Yale informed it would accept only 1 applicant for its Marketing PhD, for example.

Rankings for PhD and MBA are also very different, please be careful about that. Some schools in the highest positions for MBA may be very low ranked for a specific PhD concentration.

Just for some context, my GMAT score is 750, with about 20 years of professional experience, 5 years of teaching experience, research paper presentation experience, undergrad from the top university in Latin America, an EMBA, and a Master of Science degree. All I got from the top40 schools in Marketing that I applied to was rejection and silence. It would be a mistake if I aimed only at top20 schools.

I'm slowly writing about my PhD application experience in a blog, maybe that may help you since it's really a lot of information.
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2018 PhD (Marketing) in Montreal [#permalink]

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New post 15 Jan 2018, 08:37
Hi, I need an evaluation for my chances in B-schools in Montreal. McGill, Concordia & HEC. I have a decent profile

Bachelor's in double maths & physics

MBA marketing. 83%

MPhil Consumer Behaviour 3.94/4.0

PhD coursework 3.75/4.0

Two publications from my mphil thesis, two international conference presentations, another paper under review in an Impact factor journal, a Best research paper award from a conference in Malaysia, Silver medal for academic excellence for Masters. 6 years market research/social issues research experience.

New Quebec resident. Adequately fluent in French. Strong LoRs.

However, having said all of this, I have a really really crappy GMAT. 580 (Q39, V 31)

I do have a reason for this disaster, despite a strong academic background (I am enrolled in a PhD program in my home country Pakistan. I've completed the coursework and cleared the comprehensive exam. But before proceeding further on the thesis proposal, we had to shift to Quebec. We actually had to prepone our departure by a year, so I only had about 25 days to decide to appear in gmat so that I could make the application deadline for Fall 2018 for a new phD in a world class school. I had NEVER considered sitting for Gmat previously, didn't even know honestly the format etc of the exam. So I literally went from 0 prep/knowledge to 580 in under a month. This is an ego satisfying score for me, that I could pull off in 25 days. However the adcoms don't care about any sob stories :)

So, moral of this looooong story, do I have any chance of admission in the three schools I mentioned earlier? I've already applied, but if gmat is the gate keeper, I don't suppose I stand a chance.

Comments please.

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GMAT 1: 750 Q49 V42
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Re: 2017 fall review [#permalink]

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New post 15 Jan 2018, 15:58
I think you have a chance. Of course, chances for good PhD programs are usually very small even for extremely good applicants. But your profile is probably strong enough to make them curious about you, and if you explained your situation and your LoR can back you up, I think it is possible.
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Re: 2017 fall review [#permalink]

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New post 15 Jan 2018, 23:04
Hmmm. Thank you for your input. I actually had not explained the reason in my personal statement. I thought perhaps it would look like I'm trying to make excuses for a bad score. But after your post, I just added a couple of lines in my personal statement, just mentioning the circumstances. Let's see how it turns out.
Thanks for taking the time out.

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Re: 2017 fall review   [#permalink] 15 Jan 2018, 23:04
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