Forum Home > GMAT > Quantitative > Problem Solving (PS)
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.
Dec 1210:00 AM EST
-10:30 AM EST
Did you know you can lock in a spot at an elite MBA program years in advance of attending? Learn everything about Deferred MBA programs and why they’re becoming a game-changer for students and professionals.
Dec 1208:00 PM PST
-09:00 PM PST
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
Dec 1308:30 AM EST
-09:15 AM EST
Get the inside scoop on what makes Emory’s Goizueta Business School great, learn how you can present a strong MBA application, and connect with an Admissions Director to get your questions answered.
Dec 1408:00 AM PST
-11:30 AM PST
Join us for an exclusive Admit Weekend designed to help you navigate the exciting yet challenging process of choosing between multiple MBA offers and provide valuable guidance on financial aid, scholarship negotiation, visa processes, and more.
Dec 1511:00 AM EST
-11:30 AM EST
Meet Tuck at an informal student or staff-hosted coffee chat in a city near you!- Dec 16
08:00 AM PST
-11:59 PM PST
GMAT Club 12 Days of Christmas is a 4th Annual GMAT Club Winter Competition based on solving questions. This is the Winter GMAT competition on GMAT Club with an amazing opportunity to win over $40,000 worth of prizes! 
Dec 2109:00 PM IST
-10:00 PM IST
Dreaming of a successful post-MBA career? Explore the 2026 career pathways in consulting, tech, finance, and dive into the exciting opportunities and the potential ROI these industries offer, helping you make informed decisions and more.
22 May 2022, 01:20
Kudos
Bookmarks
Hello Admissions consultants, I wish you are doing great. Although you come across many profiles from Indian candidates who are more into the IT space, I have a genuine request for this profile to be evaluated.
Unlike a standard curve of going to college, Getting a TOP50 company job, achieving promotions and dwelling an MBA to further accelerate career, my path has been less sturdy.
Coming from a business family I always wished to not go into the family business and start my own business which is scalable, and more impacting than my family business. Hence I did my engineering and went on to get a placement. After a year, the setback came in, when, my family business went into a Financial crisis and the business was on verge on bankruptcy. Although this could have been a reason i interviewed at the firm and thereby started this mission of recovery of the family business. The outstanding loan amount was northwards of 85000000 with very less payables on the balance sheet and with projects not more than 2000000 per year (with a net 8-10%) it was a steep slope to climb. hence this was where I was. to do this magnitude of a job in a managerial position snd to steer the ship in the right direction. Going forward I took extremely calculated decisions and have successfully ventured the firm into a profit-making business. I cleared up all the loans with backdated payments for the firm and balanced out the management aspect with the technical aspects along with a team of 30 who were dominantly industry heavy knowledged and accustomed to old practices. Although this has been an experience in itself the main underlying fact remains the same the business is not scalable and certainly dependent on multiple variables which is not necessarily under the firm's control.
This journey as mentioned above is not even a per cent of what we as a family, plus my personal sacrifices, have been through. But I have come out of it with much more matured and experienced managerial personnel than an average person who would work for a large tech firm that has a single domain to handle(although I don't underestimate that to be easy by no means). Right from Balance sheets, to Technical aspects, to labour contractors, to n number of different variables feel like a hard sudoku business puzzle. But that's what the good part about the business is, it makes you drive the ship and if you are given control it has disproportionate outcomes.
Parallel to this, I started my own business of Management Consulting for a selected client which would help cover the financial need since we constantly put up every single dollar back into paying the debt. And also have played professional-level football alongside my Math tutoring program which I take up to teach underprivileged kids in INDIA.
My Mba ambition is clear and simple. Learning about businesses which are scalable, world-changing ( may it be 1%) and certainly close to the industry that impacts people closely remain my desired outcome from an MBA program and thus i would be happy if anyone reviews this.
My GMAT SCORE -(670-700) mocks
GPA - 3.32
(Finance topper for UNIVERSITY)
WORK Ex- 72Months
Unlike a standard curve of going to college, Getting a TOP50 company job, achieving promotions and dwelling an MBA to further accelerate career, my path has been less sturdy.
Coming from a business family I always wished to not go into the family business and start my own business which is scalable, and more impacting than my family business. Hence I did my engineering and went on to get a placement. After a year, the setback came in, when, my family business went into a Financial crisis and the business was on verge on bankruptcy. Although this could have been a reason i interviewed at the firm and thereby started this mission of recovery of the family business. The outstanding loan amount was northwards of 85000000 with very less payables on the balance sheet and with projects not more than 2000000 per year (with a net 8-10%) it was a steep slope to climb. hence this was where I was. to do this magnitude of a job in a managerial position snd to steer the ship in the right direction. Going forward I took extremely calculated decisions and have successfully ventured the firm into a profit-making business. I cleared up all the loans with backdated payments for the firm and balanced out the management aspect with the technical aspects along with a team of 30 who were dominantly industry heavy knowledged and accustomed to old practices. Although this has been an experience in itself the main underlying fact remains the same the business is not scalable and certainly dependent on multiple variables which is not necessarily under the firm's control.
This journey as mentioned above is not even a per cent of what we as a family, plus my personal sacrifices, have been through. But I have come out of it with much more matured and experienced managerial personnel than an average person who would work for a large tech firm that has a single domain to handle(although I don't underestimate that to be easy by no means). Right from Balance sheets, to Technical aspects, to labour contractors, to n number of different variables feel like a hard sudoku business puzzle. But that's what the good part about the business is, it makes you drive the ship and if you are given control it has disproportionate outcomes.
Parallel to this, I started my own business of Management Consulting for a selected client which would help cover the financial need since we constantly put up every single dollar back into paying the debt. And also have played professional-level football alongside my Math tutoring program which I take up to teach underprivileged kids in INDIA.
My Mba ambition is clear and simple. Learning about businesses which are scalable, world-changing ( may it be 1%) and certainly close to the industry that impacts people closely remain my desired outcome from an MBA program and thus i would be happy if anyone reviews this.
My GMAT SCORE -(670-700) mocks
GPA - 3.32
(Finance topper for UNIVERSITY)
WORK Ex- 72Months
23 May 2022, 09:53
Kudos
Bookmarks
Hi ajinkyajadhav,
Thanks for reaching out to us at mbaMission with your profile. To answer your question in topic - yes, family business experience definitely matters! In fact, this can help you stand out compared to other applicants in terms of the leadership experience you've had at an earlier stage in your career. It sounds like you have great evidence of being resourceful and helping your family business to recover. Most family businesses are not well known though, so that can be a challenge for family business applicants, and so can getting recommenders who are not family members. I think your post-MBA career goals need to be fleshed out more too. But overall, it seems like your work profile and extracurricular aspects of your profile should be quite strong. The academic area seems weakest, so work hard on getting your GMAT as high as possible, and pick a list of schools with a range of competitiveness to ensure you have options.
Good luck!
Kate
Thanks for reaching out to us at mbaMission with your profile. To answer your question in topic - yes, family business experience definitely matters! In fact, this can help you stand out compared to other applicants in terms of the leadership experience you've had at an earlier stage in your career. It sounds like you have great evidence of being resourceful and helping your family business to recover. Most family businesses are not well known though, so that can be a challenge for family business applicants, and so can getting recommenders who are not family members. I think your post-MBA career goals need to be fleshed out more too. But overall, it seems like your work profile and extracurricular aspects of your profile should be quite strong. The academic area seems weakest, so work hard on getting your GMAT as high as possible, and pick a list of schools with a range of competitiveness to ensure you have options.
Good luck!
Kate
ajinkyajadhav
Hello Admissions consultants, I wish you are doing great. Although you come across many profiles from Indian candidates who are more into the IT space, I have a genuine request for this profile to be evaluated.
Unlike a standard curve of going to college, Getting a TOP50 company job, achieving promotions and dwelling an MBA to further accelerate career, my path has been less sturdy.
Coming from a business family I always wished to not go into the family business and start my own business which is scalable, and more impacting than my family business. Hence I did my engineering and went on to get a placement. After a year, the setback came in, when, my family business went into a Financial crisis and the business was on verge on bankruptcy. Although this could have been a reason i interviewed at the firm and thereby started this mission of recovery of the family business. The outstanding loan amount was northwards of 85000000 with very less payables on the balance sheet and with projects not more than 2000000 per year (with a net 8-10%) it was a steep slope to climb. hence this was where I was. to do this magnitude of a job in a managerial position snd to steer the ship in the right direction. Going forward I took extremely calculated decisions and have successfully ventured the firm into a profit-making business. I cleared up all the loans with backdated payments for the firm and balanced out the management aspect with the technical aspects along with a team of 30 who were dominantly industry heavy knowledged and accustomed to old practices. Although this has been an experience in itself the main underlying fact remains the same the business is not scalable and certainly dependent on multiple variables which is not necessarily under the firm's control.
This journey as mentioned above is not even a per cent of what we as a family, plus my personal sacrifices, have been through. But I have come out of it with much more matured and experienced managerial personnel than an average person who would work for a large tech firm that has a single domain to handle(although I don't underestimate that to be easy by no means). Right from Balance sheets, to Technical aspects, to labour contractors, to n number of different variables feel like a hard sudoku business puzzle. But that's what the good part about the business is, it makes you drive the ship and if you are given control it has disproportionate outcomes.
Parallel to this, I started my own business of Management Consulting for a selected client which would help cover the financial need since we constantly put up every single dollar back into paying the debt. And also have played professional-level football alongside my Math tutoring program which I take up to teach underprivileged kids in INDIA.
My Mba ambition is clear and simple. Learning about businesses which are scalable, world-changing ( may it be 1%) and certainly close to the industry that impacts people closely remain my desired outcome from an MBA program and thus i would be happy if anyone reviews this.
My GMAT SCORE -(670-700) mocks
GPA - 3.32
(Finance topper for UNIVERSITY)
WORK Ex- 72Months
Unlike a standard curve of going to college, Getting a TOP50 company job, achieving promotions and dwelling an MBA to further accelerate career, my path has been less sturdy.
Coming from a business family I always wished to not go into the family business and start my own business which is scalable, and more impacting than my family business. Hence I did my engineering and went on to get a placement. After a year, the setback came in, when, my family business went into a Financial crisis and the business was on verge on bankruptcy. Although this could have been a reason i interviewed at the firm and thereby started this mission of recovery of the family business. The outstanding loan amount was northwards of 85000000 with very less payables on the balance sheet and with projects not more than 2000000 per year (with a net 8-10%) it was a steep slope to climb. hence this was where I was. to do this magnitude of a job in a managerial position snd to steer the ship in the right direction. Going forward I took extremely calculated decisions and have successfully ventured the firm into a profit-making business. I cleared up all the loans with backdated payments for the firm and balanced out the management aspect with the technical aspects along with a team of 30 who were dominantly industry heavy knowledged and accustomed to old practices. Although this has been an experience in itself the main underlying fact remains the same the business is not scalable and certainly dependent on multiple variables which is not necessarily under the firm's control.
This journey as mentioned above is not even a per cent of what we as a family, plus my personal sacrifices, have been through. But I have come out of it with much more matured and experienced managerial personnel than an average person who would work for a large tech firm that has a single domain to handle(although I don't underestimate that to be easy by no means). Right from Balance sheets, to Technical aspects, to labour contractors, to n number of different variables feel like a hard sudoku business puzzle. But that's what the good part about the business is, it makes you drive the ship and if you are given control it has disproportionate outcomes.
Parallel to this, I started my own business of Management Consulting for a selected client which would help cover the financial need since we constantly put up every single dollar back into paying the debt. And also have played professional-level football alongside my Math tutoring program which I take up to teach underprivileged kids in INDIA.
My Mba ambition is clear and simple. Learning about businesses which are scalable, world-changing ( may it be 1%) and certainly close to the industry that impacts people closely remain my desired outcome from an MBA program and thus i would be happy if anyone reviews this.
My GMAT SCORE -(670-700) mocks
GPA - 3.32
(Finance topper for UNIVERSITY)
WORK Ex- 72Months
Moderator:
