I've always wanted to seek your advice in admission matters but I wasn’t sure about my future plans or I should say that I want concerned due to my ridiculous mindset. Anyhow, I've decided to pursue a MBA and would highly appreciate your comments and feedback. You are allowed to be harsh and question my candidacy as it helps me think in ways I haven’t thought about and perhaps it will help me better position myself for the future.
-- Age - 26
-- Nationality - Indian
-- Gender - Male
-- Education - BS in Finance and Economics (minor). GPA 3.2. My grades were pathetic the first two semesters (received below 2.5. Had 2 F's and never retook the classes as they were electives. Will this hurt me?). However, from then on I worked extremely hard and even managed to land in the deans list for a couple of semesters. I hope the schools recognize the hard work and also the upward progression. That is, I went from GPA of 2.2 over to 3.8 ….and never went below a 3.3. My major GPA should be somewhere around 3.5 and I’m praying that I cross 700 in my GMAT as that may offset my 2 F’s. Any thoughts?
-- Work History - Business Analyst -- Business Strategic Consultant -- Project Manager.
Consulted for major fortune 500's – Industries: Banks, Heath Care, Retail, Financial and Airlines. I’ve lead and managed numerous initiatives. Since they were primarily consulting roles, I often had to switch companies every six months or so. I have to admit that these frequent changes in roles and jobs will bite me as the schools evaluate my career path and might even turn out to be totally unacceptable to the admission officers. But, my rationale is that, having exposure to different industries and business makes me a stronger individual and provides me with the ability to understand the interplay between the various industries. Also, I strongly believe that to be a strong business leader you need to have an industry wide background. Again, I’d have to explain these in depth during my essays to substantiate my case. But, what are your thoughts?
I'd like to point out that unlike most IT BA's, I posses a strong background in working and dealing with the business matters. My roles were challenging and required strong presentation, analytical, negotiation and planning skills. The reason I say this is because I don’t want to be perceived as someone with a strong IT background. Basically, I want to stay away from the Male/Indian/IT bucket.
Current School Work - Attending school for an accounting degree (undergrad level classes) to beef up my accounting knowledge and also to ensure that I have 150 credit hours of course work, which by the way is a requirement for CPA examinations
Extracurricular Activities -
School Related:
Internships - Successfully completed 3 internships. 2 with the state of Missouri and 1 with a regional manufacturing firm.
Professional Organizations - Member of Economics Fraternity. Performed volunteer work for Rotary club. Key member of SIFE - Students in Free Enterprise (SIFE offers students the opportunity to develop leadership, teamwork and communication skills through learning, practicing and teaching the principles of free enterprise)
Post School -
I haven’t been really involved in any volunteer/professional organizations lately due to the demanding nature of my consulting work, entrepreneurial activities outside the country and also due to the fact that I'm overly engaged with school. (I.e. Accounting classes. Accounting classes are part of my preparation for CPA designation. (Certified Public Accountant)) I’m planning on joining a few organizations in the coming week and undertaking initiatives to demonstrate my leadership. But, I hope that the schools do not perceive this as something that I’ve done just for the sake of being involved in the community.
Entrepreneurial Leadership -
I've always had a passion for International business and constantly tapping into foreign markets. With that said, at the age of 19, I established a retail store in India and ran it for two years. I wasn’t able to continue with the operation due to stiff competition from domestic players and lack of management personnel. (Lesson Learned – Need the right people and LOCATION does matter. It was truly an experience) I recently started another retail unit (stationery and office supplied) in Dubai (Middle East – UAE) and I’m currently operating it with the help of my family. The biz is growing fast as Dubai is a strong economy and this time I have the right people on board. Also, last year I joined an auditing firm as a business partner. Would you consider these as my core strengths? I don’t know how much of these will help as they are outside the US. One main reason I'm concentrating on international markets, especially Dubai is because of my background (raised in Dubai, from the age of 3) and due to the earning potential. (Very strong domestic market and promotes biz development) I plan to leave US by 2011 and so this is part of my exit strategy to ensure that I have something sold to develop as I land in Dubai.
Future Plans –
After successful completion of my masters, I intent to work for a public accounting (Big 4’s) to understand and conquer accounting. Then I’d like to switch over to a business strategic consulting role concentrating on high level M&A deals in the financial sector. This is where my accounting and CPA designation will really add value.
Due to my recent interest in the accounting sector, I've been contemplating between a Masters in Accounting or a MBA (maybe with a concentration in Acct and Finance). On a side note, Do you think admissions for MBA would be more competitive than a Masters in Accounting?
I haven’t completed my GMAT yet, but I've started my preparations and will be appearing for the exam this summer. For the sake of your analysis, let's assume that I've completed my GMAT and received a score of 650 (I can’t settle for anything less than 700, but let’s go with a worst case number). Given this information do you feel that I have enough ammunition for the MBA admission battle at the TOP 20 schools? Okay, let’s get realistic. I’m pretty confident (seems like words coming out a in competent guy. right) that this background wouldn’t fetch me a spot in the TOP 10. My target school is University of Texas - Austin, since they have the #1 Accounting program and their MBA program seems to be pretty tight. So, do you think I have what it takes to secure a seat at Texas?
Additional schools that I’ve been considering are as follows:
• Cornell University (Johnson)
• NYU (Stern)
• University of Virginia (Darden)
• Carnegie Mellon (Tepper)
• UNC - Chapel Hill (Kenan-Flagler)
• Indiana University (Kelley)
• Yale University
• University of Illinois (Masters program)
FYI…. (What is my biggest fear – My undergrad GPA (2 F’s) and lack of extra curricular activities?)