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29 yrs old, 740 GMAT worked at fortune 50 R3 or wait?

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29 yrs old, 740 GMAT worked at fortune 50 R3 or wait? [#permalink]

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New post 11 Feb 2017, 15:44
Hello,

I have been planning to take the GMAT for the last year or so but life seemed to always throw me a curve ball when I was ready to sit down and study. I am officially done with GMAT journey and ready to start the application process for B-school. However, I know that it is R3 and this is the toughest round to get accepted and I am not sure if I should wait till next year or apply R3 for this fall.


Some background information:

Age: 29

Gender: Male

Race: White

GMAT score: 740 (Q 50 V 40 IR 7)


Undergrad degree(s):


I have two undergrad degrees

1st under grad degree: 2.9 from a top 60 liberal arts college in Business Economics. Honestly I believe that this gpa is skewed a little because my college had A- (3.7 and was a 90 to 93) and B- (2.7and was from 80 to 83). There were a lot of professors that refused to give A's and a lot of professors loved the B- cause in their eyes it was in the B range. I did make dean honor roll my last two semesters

2nd under grad degree: 3.5 from a state school in Applied Mathematics. My credits from my first undergrad transferred over and I was able to load up on courses and graduate within 1.5 years


Work experience:

1- Between my two degrees I worked two years at a tech startup for financial services. My role was in data analytics. The company was bought out and I was able to take my stock to invest back into my future and pay for my 2nd degree

2-Worked in Supply Chain Finance for a Fortune 50 company. I started as an analyst forecasting COGs and managed SG&A for the whole supply chain corporate workforce. I was promoted to Sr. Analyst within a year and moved to the online side of supply chain. In this role I was put on the team implementing Activity Base Costing in the company for the first time, automating reports that have plagued the company for years, doing analysis for privately owned skus and freight costs to combat rate hikes (such as the UPS 2015 Q4 rate hike)

3- An acquaintance I met at my previous company joined a Fortune 100 company in town recruited me to join the transformation team. Although my role stayed at Sr. Financial Analyst level my responsibilities now would be the responsibility of someone 2 to 3 levels higher at my previous company; it was an opportunity I couldn't say no to. The company I work at now recently went through a huge merger and my role has been to create business cases on finding and implementing the synergies in the supply chain. My manager, the acquaintance from my previous job, has had full confidence in me and lets me manage the works streams by myself. I have recently been approached by another team in the transformation office to lend a hand in designing the organization (a lot of folks on this team came from accenture). This is where I stand today

Total WE is about 5.5 years

I am proficient in sql, vba, ms office, orgvue, tableau and alteryx

Hobbies/Extracurricular

unfortunately I believe this, besides my age, might be my weakest point. I try to volunteer at the humane society or at the park near my place as often as I can. When I was at the Fortune 50 company, I lead the Supply Chain Finance philanthropy team and we won the highest award from the CFO for services. As mentioned earlier, life has been hectic the last couple years with multiple deaths in the family, getting married etc that I haven't been as consistent as I would like to be.

If I am not at home with my wife and dog, you can find me fly fishing or hiking. I had two goals for the year of 2017. Take the GMAT and hike a 14,000+ ft mountain (love nature but have acrophobia). 1 down and 1 to go.


Target Schools

Sky is the limit. I would be amazed at a Harvard or Wharton but those programs are extremely competitive and I don't know if my profile has the strength. Realistically below are my choices in order:

- Columbia
- Tuck
- Yale
- Johnson
- Darden
- Fuqua
- Goizueta


Any insight on what you think the chances of me getting in R3 for the schools listed above would be helpful or if you think it would be better to wait until next year. I do know that Columbia has a January term, which is very appealing to me and might be why it is at the top of my list.


Thank you very much in advance.
_________________

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Last edited by Wofford09 on 12 Feb 2017, 07:51, edited 1 time in total.
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Re: 29 yrs old, 740 GMAT worked at fortune 50 R3 or wait? [#permalink]

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New post 11 Feb 2017, 22:07
Hello Wofford09

First, congratulations on a wonderful score! It's great. You have just won 60% of the battle as an MBA applicant.

Second, your age is not an issue. In fact, you are just the right age for programs such as Harvard or Wharton.

Your profile is great and business analytics is one of the upcoming fields so you won the next 5% of the battle.

However, we would say that given your score, apply in the initial rounds this fall 2017 for admissions next year.

We would like to assist you for your essays and application.

Please free to get in touch with us on the email address given below.
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New post 12 Feb 2017, 19:06
You have a really nice profile here, but given some of your red flags in your profile I would caution against R3. You are right around the avg at most schools so I would not treat this as your last chance to apply. Work on your ECs and continue to perform well at work and apply in R1 or R2 in the next cycle
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Re: 29 yrs old, 740 GMAT worked at fortune 50 R3 or wait? [#permalink]

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New post 13 Feb 2017, 03:19
Wofford09 wrote:
Hello,

I have been planning to take the GMAT for the last year or so but life seemed to always throw me a curve ball when I was ready to sit down and study. I am officially done with GMAT journey and ready to start the application process for B-school. However, I know that it is R3 and this is the toughest round to get accepted and I am not sure if I should wait till next year or apply R3 for this fall.


Some background information:

Age: 29

Gender: Male

Race: White

GMAT score: 740 (Q 50 V 40 IR 7)


Undergrad degree(s):


I have two undergrad degrees

1st under grad degree: 2.9 from a top 60 liberal arts college in Business Economics. Honestly I believe that this gpa is skewed a little because my college had A- (3.7 and was a 90 to 93) and B- (2.7and was from 80 to 83). There were a lot of professors that refused to give A's and a lot of professors loved the B- cause in their eyes it was in the B range. I did make dean honor roll my last two semesters

2nd under grad degree: 3.5 from a state school in Applied Mathematics. My credits from my first undergrad transferred over and I was able to load up on courses and graduate within 1.5 years


Work experience:

1- Between my two degrees I worked two years at a tech startup for financial services. My role was in data analytics. The company was bought out and I was able to take my stock to invest back into my future and pay for my 2nd degree

2-Worked in Supply Chain Finance for a Fortune 50 company. I started as an analyst forecasting COGs and managed SG&A for the whole supply chain corporate workforce. I was promoted to Sr. Analyst within a year and moved to the online side of supply chain. In this role I was put on the team implementing Activity Base Costing in the company for the first time, automating reports that have plagued the company for years, doing analysis for privately owned skus and freight costs to combat rate hikes (such as the UPS 2015 Q4 rate hike)

3- An acquaintance I met at my previous company joined a Fortune 100 company in town recruited me to join the transformation team. Although my role stayed at Sr. Financial Analyst level my responsibilities now would be the responsibility of someone 2 to 3 levels higher at my previous company; it was an opportunity I couldn't say no to. The company I work at now recently went through a huge merger and my role has been to create business cases on finding and implementing the synergies in the supply chain. My manager, the acquaintance from my previous job, has had full confidence in me and lets me manage the works streams by myself. I have recently been approached by another team in the transformation office to lend a hand in designing the organization (a lot of folks on this team came from accenture). This is where I stand today

Total WE is about 5.5 years

I am proficient in sql, vba, ms office, orgvue, tableau and alteryx

Hobbies/Extracurricular

unfortunately I believe this, besides my age, might be my weakest point. I try to volunteer at the humane society or at the park near my place as often as I can. When I was at the Fortune 50 company, I lead the Supply Chain Finance philanthropy team and we won the highest award from the CFO for services. As mentioned earlier, life has been hectic the last couple years with multiple deaths in the family, getting married etc that I haven't been as consistent as I would like to be.

If I am not at home with my wife and dog, you can find me fly fishing or hiking. I had two goals for the year of 2017. Take the GMAT and hike a 14,000+ ft mountain (love nature but have acrophobia). 1 down and 1 to go.


Target Schools

Sky is the limit. I would be amazed at a Harvard or Wharton but those programs are extremely competitive and I don't know if my profile has the strength. Realistically below are my choices in order:

- Columbia
- Tuck
- Yale
- Johnson
- Darden
- Fuqua
- Goizueta


Any insight on what you think the chances of me getting in R3 for the schools listed above would be helpful or if you think it would be better to wait until next year. I do know that Columbia has a January term, which is very appealing to me and might be why it is at the top of my list.


Thank you very much in advance.


Hi Wofford,

For whatever reasons you were not able to take the GMAT last ear, you have come out on top of that battle with a 740! Its a great score.

I agree with the comments above - applying next admission cycle in R1 is a better bet than applying in R3. Many b-schools on your list have early decision deadlines (Duke and Tuck), Yale typically has a deadline in early September and CBS has a rolling deadline that starts in the early summer. So technically, you are only a few more months away from applying, and those are the best rounds to apply to if you are certain about attending those programs. And this interim time gives you the window to go hiking and conquer your acrophobia, as well as seriously get involved in volunteering.

Hope that helps
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http://www.mbadecoder.com
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Joined: 13 Nov 2014
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GMAT 1: 740 Q50 V40
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29 yrs old, 740 GMAT worked at fortune 50 R3 or wait? [#permalink]

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New post 13 Feb 2017, 05:48
Thanks everyone for responding. All of the responses have been incredibly helpful. I was worried about being 30ish when applying but I am glad that the general consensus is to wait. If I am going to do business school I would prefer to do it the correct way and get into the best school possible that matches my goals for the future rather than rush and end up with a less desirable match.
_________________

Gmat prep 1 600
Veritas 1 650
Veritas 2 680
Gmat prep 2 690 (48Q 37V)
Gmat prep 5 730 (47Q 42V)
Gmat prep 6 720 (48Q 41V)

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Re: 29 yrs old, 740 GMAT worked at fortune 50 R3 or wait? [#permalink]

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New post 13 Feb 2017, 06:36
Wofford09 wrote:
Thanks everyone for responding. All of the responses have been incredibly helpful. I was worried about being 30ish when applying but I am glad that the general consensus is to wait. If I am going to do business school I would prefer to do it the correct way and get into the best school possible that matches my goals for the future rather than rush and end up with a less desirable match.


Happy to help and bring some clarity.
all the best
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http://www.mbadecoder.com
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Contact us at: contact@mbadecoder.com

To get started, write to us for a profile evaluation

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Re: 29 yrs old, 740 GMAT worked at fortune 50 R3 or wait? [#permalink]

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New post 13 Feb 2017, 06:37
Wofford09 wrote:
Thanks everyone for responding. All of the responses have been incredibly helpful. I was worried about being 30ish when applying but I am glad that the general consensus is to wait. If I am going to do business school I would prefer to do it the correct way and get into the best school possible that matches my goals for the future rather than rush and end up with a less desirable match.


Happy to help. Yes, you do business school once in a life time, so its got to be your best shot for the best program you can get into

all the best
_________________

Namita Garg,
http://www.mbadecoder.com
+91 9901566772

Contact us at: contact@mbadecoder.com

To get started, write to us for a profile evaluation

Re: 29 yrs old, 740 GMAT worked at fortune 50 R3 or wait?   [#permalink] 13 Feb 2017, 06:37
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