Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
May 0706:00 AM PDT
-07:00 AM PDT
A strong MBA application is built long before you start writing essays. In this session, Scott Edinburgh (Founder, Personal MBA Coach) shares 6 practical ways to improve your MBA profile before MBA application season
May 0710:00 AM EDT
-10:30 AM EDT
Sia Admissions Founder Susan Berishaj is covering this live on YouTube, May 7: how admissions committees actually evaluate goals statements, who is in the room, and why the goals statement most applicants submit wouldn't survive that conversation.- May 07
11:30 AM PDT
-12:30 PM PDT
Most MBA resumes fail not because of weak experience — but because of how that experience is presented. In this episode, we break down what makes an MBA resume effective, and how to shift from listing responsibilities to demonstrating impact... - May 08
08:00 AM PDT
-08:30 AM PDT
Join the special YouTube live-stream for selecting the winners of GMAT Club MBA Scholarships sponsored by Juno live. Watch who gets these coveted MBA scholarships offered by GMAT Club and Juno. 
May 0803:00 PM PDT
-04:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
Diplomat
Joined: 23 Feb 2012
Last visit: 10 May 2013
Posts: 12
Own Kudos:
Given Kudos: 3
Location: United Kingdom
Schools: Stanford '15 (D) Wharton '15 (II) Kellogg '15 (WL) HBS '15 (D) Tuck '15 (A) Booth '15 (A) LBS '14 (A)
GMAT 1: 760 Q49 V45
GPA: 3.7
WE:Management Consulting (Consulting)
Schools: Stanford '15 (D) Wharton '15 (II) Kellogg '15 (WL) HBS '15 (D) Tuck '15 (A) Booth '15 (A) LBS '14 (A)
GMAT 1: 760 Q49 V45
Posts: 12
Kudos:
6
14 Dec 2012, 08:54
Kudos
Bookmarks
ilya.b
This is actually one of my exact concerns. I'm sure (I hope?) it's not a huge deal, but I'm currently at a salary/compensation level higher than a post MBA, as I'm in consulting at a post MBA level. However, I'm going to business school to shift to a new industry, which has a starting salary that is lower than my current one. Wouldn't that damage a school's rankings, and perhaps create pause for concern for the admissions team? Or am I overthinking this?
Would be great to hear from someone with experience in admissions on this one.
mrbucket
Joined: 31 Oct 2012
Last visit: 05 Jul 2015
Posts: 39
Own Kudos:
Given Kudos: 1
Concentration: Technology, Entrepreneurship
Schools: Haas '15 (M$) Booth '15 (A)
GMAT 1: 750 Q49 V44
GPA: 3.5
14 Dec 2012, 09:48
Kudos
Bookmarks
Diplomat
I’m no expert, but I don’t think you guys have anything to worry about. Think of all the I-bankers who have “seen the light” and now want to go into non-profit management or something similar. I don’t think b-schools look down on them at all.
I get the impression that there are a lot of people out there applying to schools as a way to get into consulting, I-banking, or PE. That’s great, and schools like that, but they also like diversity. By coming from one of those industries and looking to switch to something new, you can show the school that not only are you different and passionate about something else but that you can also help your peers that are aspiring to become consultants. You can help with practice case interviews, give tips for networking, etc. Wouldn’t schools love that?
Also, while I know there’s a “Change in Salary” stat that floats around, I think the more important stat is the average salary of graduates, which ignores prior salary. In the back of their heads, wouldn’t adcoms know that if you can’t find a job in your new industry (or you realize you want to pay off your debt quickly), you’d have a better shot than most at landing a high-paying job like your current one?
If you’re concerned, just make sure your story is clear and convincing. If you can show that you’ve really thought about it and have already made steps to learn about / experience this new industry then I’m pretty sure your high-salary background can only help you.
