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Aspiring Top-10 MBA School Student with a GMAT 710 Q48 V39 IR6

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Intern
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Joined: 11 Aug 2016
Posts: 10

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Location: United States
Schools: HBS '21
GMAT 1: 710 Q48 V39
GPA: 3.86
Aspiring Top-10 MBA School Student with a GMAT 710 Q48 V39 IR6 [#permalink]

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New post 17 Mar 2017, 09:55
Dear Critical Square:

Age: 24

Gender: Male

Ethnicity: Caucasian

Home: Midwest, United States (one of the least populated states)—native English speaker

University/GPA/Major: Medium-sized liberal arts university located in the Midwest, USA.; GPA: 3.86; BA History; Magna Cum Laude

GMAT: 1st attempt-- 710 Q48 V39 IR6 AWA?

When to attend MBA school? 3 years from now—ie I don’t intend to start until Fall 2019 at the earliest, but most likely Fall 2020.

Work Experience:
Month-long internship in Japan at one of the largest intellectual property law firms in the country. Dealt with fortune 500 companies. Worked in trademarks, patents, copyrights, presented to design-team attorneys in an effort to provide a potential solution to a client’s problem. I have a well-written, and generously positive cv addendum piece written by the owner and founder of the firm. In it he described my role at the company, and my character traits—all very positive.

24-months at a very successful finance/banking company in my local town. It is a company that one of my relatives owns—thus I have had a very unique and positive experience there. I work on various projects, all of which are meant to simply add value to the firm. I have worked on finding a property for my company to move into. Thus, lots of experience in the city’s local real estate. I presented to management the pros and cons of the various properties I had in mind. Ultimately, we went with the property I was most in favor of. This deal was a multi-million dollar property. Up to date, this has been my proudest achievement at the office—and I intend to spotlight this well in my application.

At this trust company, I have also created and presented my thoughts on a 5-year capital plan. I suggested various ways in which the firm could retain more of its earnings. Moreover, I suggested ideas as to what these retained earnings could be invested in—one of these ideas was the very building we ended up purchasing. I have also dealt with fee structuring for clients; space-reconfiguration for employees at current office; and am working on composing a piece describing the benefits of the industry that my firm works in has to the state in which it is located.
I intend on continuing to work at this firm for an additional year—and then I will be moving to a larger city in the Midwest, and be getting a job there for approximately 2.5 years until I am ready to begin school.

Extra Facts:
• Attended a top-10 MBA school for a month during the summer between my sophomore and junior years of college. I took various classes at the school; and, the experience culminated with a group presentation to various business executives and professors. The presentation was on a valuation of a publically-traded company to various business leaders and professors.
• I am co-founder and co-manager of a start-up real estate investment company that owns a small 5-unit apartment in my local town. This is my largest passion.
• In my part-time, I am also working for an insurance-consulting business that works primarily provides insurance consulting for international clients.
• Took an introductory MBA-level Foundations in Economics course this past fall. Received an A.
• Sport Enthusiast; and avid reader
• Series 6 and 63 certified

Aspirations:
It is my hope to attend one of the top-10 MBA schools. Of course, at first blush, HBS and Stanford are my dream schools. I do really need some guidance, however, in that I am not certain how to best achieve acceptance into these schools.

I want my real estate company to grow exponentially. I want it to get into commercial properties, and eventually help to develop my city’s real estate. I also want this company to evolve, in that its purpose is not entirely real estate, but has the awareness to engage in other investments outside of just the scope of real estate.

Questions:
How does my profile stack up for a top-10 MBA school? How about HBS and Stanford?
Are there any key components missing in my profile? I am not yet very community involved, and feel I ought to be for many more reasons than just that it would potentially augment my application.
Should I retake the GMAT? I have not yet asked this on the forum, and I understand that this question may better be asked elsewhere, but I am curious as to what an admissions individual would suggest after knowing more of ‘my story’

Thank you!

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Re: Aspiring Top-10 MBA School Student with a GMAT 710 Q48 V39 IR6 [#permalink]

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New post 19 Mar 2017, 07:44
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Hey there,

Thanks for reaching out and sharing your profile with us. Love the details! I think you're definitely on the right track, but I'd think about the following:

[*] definitely find something to get involved in and take on a meaningful leadership role where you can actively contribute to the cause. Don't find something to pad the resume, you have some time, so find something you care about, get your foot in the door, and build your way up within the group

[*] Give the GMAT another shot. Is a 710 good enough? Maybe. Will a 730+ make a big difference? Definitely. If you have the capacity to prepare and do better, why not?

[*] Leadership - find ways to lead. Position yourself at work to lead initiatives and special projects. If getting formal direct reports isn't an option, do it informally but make sure you find ways to measure your contributions

[*] Continue on your entrepreneurship route. This could be a huge differentiator for you. The farther you can take this, the better. But again, saying you own a company is one thing. Driving meaningful results and drawing on learning from your experiences is another. Really wish you the best of luck on this!

All in all, I think you'e in a strong position, but you do have some work to do, especially on your story. Your goals are a bit generic, but given your timeline, it's not a big deal. Take some time to reflect and over the next couple years this vision should become more clear. Hope this helps! We'd love to hear from you to see how you've progressed when it comes time to apply. Best of luck!
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Kudos [?]: 463 [1], given: 3

Intern
Intern
avatar
B
Joined: 11 Aug 2016
Posts: 10

Kudos [?]: [0], given: 0

Location: United States
Schools: HBS '21
GMAT 1: 710 Q48 V39
GPA: 3.86
Re: Aspiring Top-10 MBA School Student with a GMAT 710 Q48 V39 IR6 [#permalink]

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New post 20 Mar 2017, 09:19
CriticalSquare,

Thank you for your thoughtful response! I will take your advice, chew on it, and make some conscientious changes to my lifestyle going forward.

I intend on re-taking the GMAT. I am so close, and so it would be foolish to not give it another try.

I appreciate the advice regarding leadership and future involvement in something I am passionate about. Those are things I was ultimately aware I needed to improve upon, even before reaching out to you, however, it's really important to read it coming from you--and simply be reminded of their importance.

Thank you for the well wishes regarding the entrepreneurial endeavor--I am very passionate about this and would continue to try to grow it whether it'd help me into business school or not. It's too much fun!

Thanks again!

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Joined: 18 Apr 2013
Posts: 2226

Kudos [?]: 463 [1], given: 3

Location: Chicago, IL
Re: Aspiring Top-10 MBA School Student with a GMAT 710 Q48 V39 IR6 [#permalink]

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New post 25 Mar 2017, 05:13
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I'm so glad you found our perspective to be valuable. Looking forward to see all the great things you do next!
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Re: Aspiring Top-10 MBA School Student with a GMAT 710 Q48 V39 IR6   [#permalink] 25 Mar 2017, 05:13
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