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Apr 2909:00 AM PDT
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What’s in it for you- Live Profile Evaluation Chat Session with Jenifer Turtschanow, CEO, ARINGO. Come with your details prepared and ARINGO will share insights! Pre-MBA Role/Industry, YOE, Exam Score, C/GPA, ECs Post-MBA Role/ Industry & School List.
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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.- May 01
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27 Feb 2014, 16:32
Kudos
Bookmarks
Hey all, hello.
Though this is my first post, I've been surfing these forum pages for a while now. Gmatclub has been an important asset for my studies. Well, I feel like I should start my first post with some thanks. So, thanks to you all.
I'm facing a tough decision here. I would like to hear your opinion. My concern lays whether this decision will make it easier or harder for me be accepted in a Top 10 B-School.
I will start with some background. I'm Brazilian, mechanical engineer, 25. I graduated top 5 in class at a Top 5 Brazilian university. I'm planning on starting my MBA with 27 (Class '17). Post MBA goals are Education Management or Management Consulting, long-term goal is to start my own business.
Until May '13 I was working as a Senior Strategy Analyst in the world biggest educational group (13k employees, $ 5bi mktcap), HQ at Sao Paulo. Inside the company, it was a prestigious position with a nice salary and lots of interaction with the company's CEO, VPs and board. I was really happy with my job and my superiors were glad with my performance.
In May '13 I lost my mother in a really subtle manner. As my mother and father owned a small business (we are in the market for 15 years now and we currently hold ~80% mktshare) and taking care of my two small sisters (4 and 8 yo) is really demanding, I had no other option but to quit my job, move back to my home city, to take care the kids and run our business. It was a tough choice but I don’t regret it. Currently, we (our family) are doing fine, business is going super (in 9 months I could increase our profits by ~25%). Besides that, I’m studying for the GMAT. I feel like my job here is almost done, my father can run our business alone.
Before joining the educational group, I used to work in a high tech startup (in my home city). It was a really technical job and I did fine. But after a financial crisis, they fired me (that was when I decided to move to Sao Paolo and seek greater opportunities).
Recently, this same startup approached me and made me a nice job offer. (Note: it is hard to say whether the term Startup still applies for them or not - the company grew a lot and it is doing great). This is not the first job offer I received since I came back, but certainly the first that drew my attention.
Some info and insights about the job:
• The job deals with applied engineering concepts (not related with my mid/long term career goals, but which I domain due my previous experience)
• I will manage a team of (reasonably to highly) capacitated professionals (that’s a first for me – within our family business I don’t really get to manage people)
• Immediate superiors are CEO and CTO
• Nothing indicates that the company can or will sponsor my MBA
Well, you fellows think that taking this job will help me on getting accepted to a top school?
How will the admission boards see the fact that the same startup that previously fired me invited me back for a more senior position?
Should I stick to the original plan and keep running our family enterprise?
Guys, any thoughts on the matter are helpful. If you read it ‘til here, huge time thanks!
Cheers!
Note: previously posted that in Career Section, but then realized that it was the wrong section
Though this is my first post, I've been surfing these forum pages for a while now. Gmatclub has been an important asset for my studies. Well, I feel like I should start my first post with some thanks. So, thanks to you all.
I'm facing a tough decision here. I would like to hear your opinion. My concern lays whether this decision will make it easier or harder for me be accepted in a Top 10 B-School.
I will start with some background. I'm Brazilian, mechanical engineer, 25. I graduated top 5 in class at a Top 5 Brazilian university. I'm planning on starting my MBA with 27 (Class '17). Post MBA goals are Education Management or Management Consulting, long-term goal is to start my own business.
Until May '13 I was working as a Senior Strategy Analyst in the world biggest educational group (13k employees, $ 5bi mktcap), HQ at Sao Paulo. Inside the company, it was a prestigious position with a nice salary and lots of interaction with the company's CEO, VPs and board. I was really happy with my job and my superiors were glad with my performance.
In May '13 I lost my mother in a really subtle manner. As my mother and father owned a small business (we are in the market for 15 years now and we currently hold ~80% mktshare) and taking care of my two small sisters (4 and 8 yo) is really demanding, I had no other option but to quit my job, move back to my home city, to take care the kids and run our business. It was a tough choice but I don’t regret it. Currently, we (our family) are doing fine, business is going super (in 9 months I could increase our profits by ~25%). Besides that, I’m studying for the GMAT. I feel like my job here is almost done, my father can run our business alone.
Before joining the educational group, I used to work in a high tech startup (in my home city). It was a really technical job and I did fine. But after a financial crisis, they fired me (that was when I decided to move to Sao Paolo and seek greater opportunities).
Recently, this same startup approached me and made me a nice job offer. (Note: it is hard to say whether the term Startup still applies for them or not - the company grew a lot and it is doing great). This is not the first job offer I received since I came back, but certainly the first that drew my attention.
Some info and insights about the job:
• The job deals with applied engineering concepts (not related with my mid/long term career goals, but which I domain due my previous experience)
• I will manage a team of (reasonably to highly) capacitated professionals (that’s a first for me – within our family business I don’t really get to manage people)
• Immediate superiors are CEO and CTO
• Nothing indicates that the company can or will sponsor my MBA
Well, you fellows think that taking this job will help me on getting accepted to a top school?
How will the admission boards see the fact that the same startup that previously fired me invited me back for a more senior position?
Should I stick to the original plan and keep running our family enterprise?
Guys, any thoughts on the matter are helpful. If you read it ‘til here, huge time thanks!
Cheers!
Note: previously posted that in Career Section, but then realized that it was the wrong section
27 Feb 2014, 16:55
Kudos
Bookmarks
Hey there,
Wow - that was a lot of info and I LOVED it. Makes giving you a good answer a little easier!
So this is definitely an interesting situation. Firstly, I'm really sorry to hear about your mother. I can only imagine how difficult it must have been running the business and helping with raising your sisters. However, it seems you handled it with a level of poise and maturity that is really admirable.
Here's a framework in which you could consider the path ahead. If your role at the family business is winding down and you won't be learning or growing much if you stay, then leaving is probably the right answer. While I understand the start up may not match your short or long term goals, it does offer a lot of benefits. For one, it unequivocally settles the issue that you weren't fired due to performance and gives you a great new role. Secondly, it gives you the opportunity to develop some key skills you didn't have a chance to before (e.g. team leadership). It also provides you a great set of potential recommenders (CEOs are always good
). Lastly, it seems you'll be able to have a lot of impact and scope in a relatively short ramp up period.
So if you're debating between continuing running the family business or going back to this start up, ask yourself this: where will YOU be better off? Don't worry too much about the adcoms and how they'll view it. If you'll grow and develop and enjoy your experience at the start up, go! Personally, I think the leadership and impact opportunities are worth the switch even if it doesn't precisely tie to your future goals. If you've made the best possible decisions for your personal and professional development, then your story will be stronger for it.
If you'd like to chat about this in more detail, don't hesitate to reach out. This is a big decision and we're happy to help you talk things through. I hope this helps and let me know if you have any questions!
Cheers,
Bhavik
Wow - that was a lot of info and I LOVED it. Makes giving you a good answer a little easier!
So this is definitely an interesting situation. Firstly, I'm really sorry to hear about your mother. I can only imagine how difficult it must have been running the business and helping with raising your sisters. However, it seems you handled it with a level of poise and maturity that is really admirable.
Here's a framework in which you could consider the path ahead. If your role at the family business is winding down and you won't be learning or growing much if you stay, then leaving is probably the right answer. While I understand the start up may not match your short or long term goals, it does offer a lot of benefits. For one, it unequivocally settles the issue that you weren't fired due to performance and gives you a great new role. Secondly, it gives you the opportunity to develop some key skills you didn't have a chance to before (e.g. team leadership). It also provides you a great set of potential recommenders (CEOs are always good
). Lastly, it seems you'll be able to have a lot of impact and scope in a relatively short ramp up period. So if you're debating between continuing running the family business or going back to this start up, ask yourself this: where will YOU be better off? Don't worry too much about the adcoms and how they'll view it. If you'll grow and develop and enjoy your experience at the start up, go! Personally, I think the leadership and impact opportunities are worth the switch even if it doesn't precisely tie to your future goals. If you've made the best possible decisions for your personal and professional development, then your story will be stronger for it.
If you'd like to chat about this in more detail, don't hesitate to reach out. This is a big decision and we're happy to help you talk things through. I hope this helps and let me know if you have any questions!
Cheers,
Bhavik
