Hey, I hope you guys are doing well. I wanted to ask if someone would help guide me regarding applications to some MBA/MIM programs.
Some background about me:
I’m a dual national of a small island nation in the Middle East and a relatively larger country in South Asia.
I went to University in Canada in 2016 to study Economics. However, because of extreme depression caused by family illnesses and a death to someone I was really close to, I resorted to drinking and smoking marijuana to get away from my reality. I was asked to withdraw from the university in 2018. At this point, I was broken, over-weight, and at rock bottom essentially. That was a wake up call for me and I started going to therapy. I enrolled in another university and started getting my life back together following therapy. In 2019, while completing my BA in Sociology I started working part time at my family’s apparel manufacturing company as a management trainee officer. In January of 2021, I started working there full time in a general management role, working towards becoming an executive director. I’ll be graduating from my university with a GPA of around 3.2 in August of this year and I have a GMAT score of 680.
I was looking to apply to some MBA programs: University of Notre Dame - Mendoza (I’m legacy here), Washington University in St.Louis - Olin and some MIM programs: Duke, IE, ESADE and Babson.
I currently have 3 months of full time work experience in my family’s apparel manufacturing company that hit $500 million in revenues last year. By the time most programs will start next year, I’ll have 18 months - 21 months of full time work experience depending on when the programs begins. I know most people won’t understand why I want to pursue a masters. The reason is that I want to strengthen my business fundamentals to a point where I can go back to my country and make a difference in my family business instantly by getting involved in operations. Our business, although successful, is not as organized and systemic as it should be and there is constant firefighting. I want to organize the company in such a way that it is run professionally, opening up time for my father, my uncle, my brother and i to focus more on giving back to society in the form of world class educational institutes and healthcare facilities. An MBA or MIM degree will also serve as a great backup in the case our family business goes down and we are forced into the job market.
I know this post is long and not structured very well, but I just wanted to ask if people on this forum could help me understand my realistic chances to gain admission to any of these programs that I have listed. Do admission committees dislike applicants from successful family businesses? Do admission committees look down upon withdrawals from undergraduate programs?