Hi everyone!
I am posting for the first time on Gmatclub. However I have been a lurker on this forum since August 2007. I know what some of you must be thinking
but I had my reasons.
Looking back now, I feel I should have participated and it could have helped me more. Anyways! Not that its going to help much now thinking about it. But always helps to admit when you screw up!
I gave my gmat in Oct last year and scored a 760 (Q50, V42, 6 AWA). Am a Male desi with close to 6 years of commercial banking experience. Have done my engineering (BE - Computer science) from a non-IIT/NIT institute. However I was ranked 9th in my university. Subsequently I gave my CAT and did my PGDBM from a top 10 non-IIM institute in India. Have been with the same company since graduating and have progressed up the ranks. I have been promoted 4 times in the last 4 years and have handled 16 employees in my last profile. Have been managing teams ranging from 4 to 16 employees since 2005.
Now the hard part. I applied to 6 schools in R2 for Fall 2008 and was dinged by every single one of them
after earning interview invites from Tuck, Chicago and Wharton. It was a hard reality check and while there were a lot of negatives in my profile (non-IIT brand name, possess an Indian MBA, no international experience, 31 yo, nil community service), I gave it a shot at 5 M7s and Tuck only. I over-estimated my own chances and did not respect the current market reality. And now I feel, I deserved to get dinged for not playing smart.
However I did a little introspection on my own over the last few days and feel the following brought down my downfall this year.
1. All the weaknesses mentioned above
2. My goals pointed towards a career switch within my current industry(commercial banking). I think the adcom did not want a career switcher to place 2 years down the line when they already had a lot of applications from ppl with prior work experience in their future industries. I really feel this did me in and I suspect a lot of other folks!
3. I feel internationals without international experience (ironical!) got the short end of the stick this year due to the added nuisance value that a recruiter would face in procuring a visa for their newly minted employee. Added to this was the shrinking job market especially in Finance.
4. R2 this year was a lot tougher than R1 unlike a few years back when both the rounds offered the same probability of success.
I intend to relook my options for this year and decide if I want to apply for 2009 or wait longer.
From what I have seen of other folks on this forum, it is a very very impressive bunch of ppl and I have absolutely no hesitation in saying that ppl who got in this year are the cream and you guys deserve to be very proud of your accomplishment.