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13 Aug 2019, 08:39
Kudos
Bookmarks
In terms of strengthening my application, I was wondering which I should focus on.
I am currently an engineer at a Fortune 100 aerospace engineering firm. I scored a 740 on the GMAT four months ago and plan to engage in some extracurriculars in my area after exploring some opportunities, but I was wondering whether I should aim for a higher GMAT score or pursue a Level 1 CFA. I understand that a 740 is above the median/average GMAT of most schools, but because I am a Korean-American I feel that I would need a higher score to be more competitive (at least a 760).
My career plan is to pursue an MBA, transition into management consulting (MBB) or investment banking, then move to a hedge fund or private equity.
I would appreciate any and all feedback. Thank you.
I am currently an engineer at a Fortune 100 aerospace engineering firm. I scored a 740 on the GMAT four months ago and plan to engage in some extracurriculars in my area after exploring some opportunities, but I was wondering whether I should aim for a higher GMAT score or pursue a Level 1 CFA. I understand that a 740 is above the median/average GMAT of most schools, but because I am a Korean-American I feel that I would need a higher score to be more competitive (at least a 760).
My career plan is to pursue an MBA, transition into management consulting (MBB) or investment banking, then move to a hedge fund or private equity.
I would appreciate any and all feedback. Thank you.
13 Aug 2019, 22:12
Kudos
Bookmarks
Hi 2118kool we are kind of looking at two different buckets here. Let me explain.
First question, what is your GMAT breakout? If you have a decent quant score, the CFA will add less value than a higher GMAT. The CFA is helpful to those who need other dimensions to establish their numeracy and subsequent ability to handle the quantitative rigor of the program. Given your field, that is unlikely to be the case.
Second question, are you applying next year, I hope, or later?
Third, what is your gender? If you are female, especially as an aeronautic engineer the pressure for a sky high GMAT score is a bit less because the applicant pool is smaller.
If you are applying this year, I would recommend that you focus your attention on maximizing your current profile and searching for results/value add/impact of what you have already done; maybe tack on a bit of EC events that organically mesh with your profile and what you have already engaged in. Time to stop worrying about your profile and start focusing on the introspection, research and communication aspects of things.
If applying next year, would be a good time to find organic ways to put up some leadership accomplishments on the board and that is easiest achieved on the young professional board of some nonprofit that meshes with your passions and values. Or something adjacent to that. Get that ball rolling immediately so you have results to show for when applying to schools.
Here are some ideas for building your profile for applying next year later: https://mbaessaycoaching.com/category/pre-mba/
If you also have the bandwidth (and you might, because most in your job have reasonable work hours) then yes, strive to tack on 10 or 20 more points to you GMAT score, especially so if your quant is lower than 49. But if your time is more limited, I think I would focus on other ways to differentiate your profile. The key word is differentiate: no one will pound the table for your GMAT score but if they are emotionally attached to you by way of what they read, this changes the game.
It might be tougher to compete with applicants of similar profile re: test scores but easier if you look at other dimensions that are less analytical but more heartfelt, engage interest, make you appear to be multifaceted and interesting.
Hope this helps!
Cheers
Farrell
If applying next year,
First question, what is your GMAT breakout? If you have a decent quant score, the CFA will add less value than a higher GMAT. The CFA is helpful to those who need other dimensions to establish their numeracy and subsequent ability to handle the quantitative rigor of the program. Given your field, that is unlikely to be the case.
Second question, are you applying next year, I hope, or later?
Third, what is your gender? If you are female, especially as an aeronautic engineer the pressure for a sky high GMAT score is a bit less because the applicant pool is smaller.
If you are applying this year, I would recommend that you focus your attention on maximizing your current profile and searching for results/value add/impact of what you have already done; maybe tack on a bit of EC events that organically mesh with your profile and what you have already engaged in. Time to stop worrying about your profile and start focusing on the introspection, research and communication aspects of things.
If applying next year, would be a good time to find organic ways to put up some leadership accomplishments on the board and that is easiest achieved on the young professional board of some nonprofit that meshes with your passions and values. Or something adjacent to that. Get that ball rolling immediately so you have results to show for when applying to schools.
Here are some ideas for building your profile for applying next year later: https://mbaessaycoaching.com/category/pre-mba/
If you also have the bandwidth (and you might, because most in your job have reasonable work hours) then yes, strive to tack on 10 or 20 more points to you GMAT score, especially so if your quant is lower than 49. But if your time is more limited, I think I would focus on other ways to differentiate your profile. The key word is differentiate: no one will pound the table for your GMAT score but if they are emotionally attached to you by way of what they read, this changes the game.
It might be tougher to compete with applicants of similar profile re: test scores but easier if you look at other dimensions that are less analytical but more heartfelt, engage interest, make you appear to be multifaceted and interesting.
Hope this helps!
Cheers
Farrell
If applying next year,
2118kool
In terms of strengthening my application, I was wondering which I should focus on.
I am currently an engineer at a Fortune 100 aerospace engineering firm. I scored a 740 on the GMAT four months ago and plan to engage in some extracurriculars in my area after exploring some opportunities, but I was wondering whether I should aim for a higher GMAT score or pursue a Level 1 CFA. I understand that a 740 is above the median/average GMAT of most schools, but because I am a Korean-American I feel that I would need a higher score to be more competitive (at least a 760).
My career plan is to pursue an MBA, transition into management consulting (MBB) or investment banking, then move to a hedge fund or private equity.
I would appreciate any and all feedback. Thank you.
I am currently an engineer at a Fortune 100 aerospace engineering firm. I scored a 740 on the GMAT four months ago and plan to engage in some extracurriculars in my area after exploring some opportunities, but I was wondering whether I should aim for a higher GMAT score or pursue a Level 1 CFA. I understand that a 740 is above the median/average GMAT of most schools, but because I am a Korean-American I feel that I would need a higher score to be more competitive (at least a 760).
My career plan is to pursue an MBA, transition into management consulting (MBB) or investment banking, then move to a hedge fund or private equity.
I would appreciate any and all feedback. Thank you.
13 Aug 2019, 23:48
Kudos
Bookmarks
2118kool, purely given your career plan, a CFA is likely to have less impact in your current carer or at MBB.
Profile building is however should be done with a 360 degree approach and would eventually be contingent on a lot of factors.
Profile building is however should be done with a 360 degree approach and would eventually be contingent on a lot of factors.
