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GMAT1003
Joined: 24 Jun 2018
Last visit: 27 Dec 2022
Posts: 171
Own Kudos:
Given Kudos: 50
Location: India
Schools: LBS '24 (D) Said '24 (II)
GMAT 1: 760 Q50 V44
GPA: 3.2
20 Jun 2022, 09:07
Kudos
Bookmarks
2021 Applications Background: 4/5 rejections with 760 GMAT (https://gmatclub.com/forum/760-gmat-4-5 ... 76146.html)
So I have decided to give this another shot this year in R1 (I'll also probably add 1-2 more schools in Europe). Rotman will remain an option as a safety net.
Last year, while applying, I was working in a boutique investment bank with a focus on raising funds for infrastructure and renewable energy projects.
My short-term and long-term goals last year revolved around working at a bulge-bracket investment bank across industry groups, preferably with a focus on sustainability. My longer-term goal was to become a senior leader and create low-cost financing opportunities for innovative solutions that support the transition towards sustainable development.
At the start of this year, I got a great opportunity to join a VC/angel investment platform and took it. So now I am working on raising funds for early stage (seed, angel and pre-Series A mostly) companies across sectors (but I am trying to build a Sustainability-related focus as well by working on EV/other related deals).
I have two questions:
1) Would this be considered a step-up in the reapplication?
2) I wanted to understand if changing my short-term and long-term goal would be possible, and if so, what should it be (especially because mentioning PE/VC is considered quite a red flag because of the dearth of post-MBA recruitment opportunities in the field)
Any help would be much appreciated. Thanks
So I have decided to give this another shot this year in R1 (I'll also probably add 1-2 more schools in Europe). Rotman will remain an option as a safety net.
Last year, while applying, I was working in a boutique investment bank with a focus on raising funds for infrastructure and renewable energy projects.
My short-term and long-term goals last year revolved around working at a bulge-bracket investment bank across industry groups, preferably with a focus on sustainability. My longer-term goal was to become a senior leader and create low-cost financing opportunities for innovative solutions that support the transition towards sustainable development.
At the start of this year, I got a great opportunity to join a VC/angel investment platform and took it. So now I am working on raising funds for early stage (seed, angel and pre-Series A mostly) companies across sectors (but I am trying to build a Sustainability-related focus as well by working on EV/other related deals).
I have two questions:
1) Would this be considered a step-up in the reapplication?
2) I wanted to understand if changing my short-term and long-term goal would be possible, and if so, what should it be (especially because mentioning PE/VC is considered quite a red flag because of the dearth of post-MBA recruitment opportunities in the field)
Any help would be much appreciated. Thanks
20 Jun 2022, 11:14
Kudos
Bookmarks
Hello GMAT1003,
thank you for sharing your background and applications info. Overall, you have a strong profile and a competitive GMAT score for Indian candidates.
Answering your inquiries:
1) Would this be considered a step-up in the reapplication?
ANS> It would be considered new information for sure and a narrative more aligned with your ultimate goals. This career movement adds value to your resume and certainly to your application.
2) I wanted to understand if changing my short-term and long-term goal would be possible, and if so, what should it be (especially because mentioning PE/VC is considered quite a red flag because of the dearth of post-MBA recruitment opportunities in the field)
ANS> It is OK for you to change your ST/LT career goals in this year's application. Perhaps mention you want to join another VC that is more well-established, with a stronger brand and that focuses on raising funds/seed for companies with stronger sustainability agenda.
Beatriz Campos
Admissions Director
MBA House
thank you for sharing your background and applications info. Overall, you have a strong profile and a competitive GMAT score for Indian candidates.
Answering your inquiries:
1) Would this be considered a step-up in the reapplication?
ANS> It would be considered new information for sure and a narrative more aligned with your ultimate goals. This career movement adds value to your resume and certainly to your application.
2) I wanted to understand if changing my short-term and long-term goal would be possible, and if so, what should it be (especially because mentioning PE/VC is considered quite a red flag because of the dearth of post-MBA recruitment opportunities in the field)
ANS> It is OK for you to change your ST/LT career goals in this year's application. Perhaps mention you want to join another VC that is more well-established, with a stronger brand and that focuses on raising funds/seed for companies with stronger sustainability agenda.
Beatriz Campos
Admissions Director
MBA House
20 Jun 2022, 12:47
Kudos
Bookmarks
GMAT1003:
Regarding your two questions:
1) Would this be considered a step-up in the reapplication?
A: Yes, it would be an improvement. What about any changes to extracurricular activities or other types of leadership? That counts too. In general for re-applicants, it's all about showcasing what you learned that's new about yourself through these changes to your profile. Also, don't discount the fact that you will be part of a new candidate pool. This past year (and the year before) was brutal with the pandemic as a disrupting factor.
2) I wanted to understand if changing my short-term and long-term goal would be possible, and if so, what should it be (especially because mentioning PE/VC is considered quite a red flag because of the dearth of post-MBA recruitment opportunities in the field)
Yes, you can of course change your post-MBA goals. There's nothing written that says your preferences can't change. While it may not hold a ton of weight (career goals can't be proven/validated), it could be a good way to show the new thought you have put into your candidacy and reasons for wanting an MBA. It's very much fair game - just back it up with thoughtful, logical reasoning.
Drop us a line if we can be of further help: https://admissionado.com/free-consultation/
Regarding your two questions:
1) Would this be considered a step-up in the reapplication?
A: Yes, it would be an improvement. What about any changes to extracurricular activities or other types of leadership? That counts too. In general for re-applicants, it's all about showcasing what you learned that's new about yourself through these changes to your profile. Also, don't discount the fact that you will be part of a new candidate pool. This past year (and the year before) was brutal with the pandemic as a disrupting factor.
2) I wanted to understand if changing my short-term and long-term goal would be possible, and if so, what should it be (especially because mentioning PE/VC is considered quite a red flag because of the dearth of post-MBA recruitment opportunities in the field)
Yes, you can of course change your post-MBA goals. There's nothing written that says your preferences can't change. While it may not hold a ton of weight (career goals can't be proven/validated), it could be a good way to show the new thought you have put into your candidacy and reasons for wanting an MBA. It's very much fair game - just back it up with thoughtful, logical reasoning.
Drop us a line if we can be of further help: https://admissionado.com/free-consultation/
