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Updated on: 28 Jul 2007, 19:45
Originally posted by frankmay32780 on 27 Jan 2007, 00:11.
Last edited by frankmay32780 on 28 Jul 2007, 19:45, edited 8 times in total.
Last edited by frankmay32780 on 28 Jul 2007, 19:45, edited 8 times in total.
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I am in kind of a weird situation. I will start from the beginning.
I went to a State Uni in NC for 2 years before I decided to move to NY and give music a chance. While there I waited tables at night and worked as an accountant intern for a very small company during the day to gain experience. I figured since I wasn't going to school I might as well do something productive. The band thing didn't work, so I went back to school at a State Uni in NJ. I kept the accounting job and graduated with a Bachelors degree in Finance in January 2006. My GPA was 4.0.
Here is where it gets strange. I had a friend in China that told me about a program that taught Chinese to foreigners at a Chinese University. I asked my college if I could take this course to satisfy my foreign language requirements. My college allowed it, so I went to China during the summer of 2005 and stayed with my friend for the summer. Things happened and I asked her to marry me. I returned to the US to finish my degree and afterwards went to China to marry her. Around graduation time, Goldman Sachs came to my school to give interviews. My professors wanted me to be the one interviewed, but I turned them down because I didn't want to be apart from my current wife. I didn't want to marry her, then come back to the US and wait months or years for her visa to be approved. Now I am in China teaching English, making around 600 dollars a month. I am also studying Chinese and preparing for the GMAT.
Summary:
-26 years old
-4.0 GPA
-Summa cum Laude
-Recipient of the SCORE scholarship for excellence in Finance
-2.5 years experience as an accountant intern as an undergrad
-By the time I plan to apply (Dec 2007) I will have 1.5 years experience teaching English at a University in China
-By the time I attend I expect to be near fluent in Chinese
Here is the question: I am confident that after some preparation I can score 710+ on the GMAT. Will that score combined with a 4.0 GPA and the work experience I have be enough to get me into an elite school? I want to enroll in August 2008. Am I going to be penalized for going after what would make me happy instead of working as an office monkey/bagel-fetcher right out of college? If I cannot get into an elite program, which schools should I aim for?
EDIT: After looking online, I found that MBA programs consider your total college experience, not just where you graduated from. I should mention my first 2 years of school. When I first went to college, it wasn't for the education. It was to get out of a little backwoods town. I scored 1300 on the SAT, but went to that state Uni because my friends were going there. When I first went to college I just drank every day. After the initial partying (1.4 GPA), I managed to pull my GPA up to around a 2.9 or 3 before making the move to NY. When I went back to school to finish my degree, I had a purpose and really wanted to do well rather than just party like when I was 18. I guess you have to take this into consideration when evaluating my profile.
EDIT 2:If an MBA at a decent school is out of the question, which Masters of Finance programs would I be able to get into?
I went to a State Uni in NC for 2 years before I decided to move to NY and give music a chance. While there I waited tables at night and worked as an accountant intern for a very small company during the day to gain experience. I figured since I wasn't going to school I might as well do something productive. The band thing didn't work, so I went back to school at a State Uni in NJ. I kept the accounting job and graduated with a Bachelors degree in Finance in January 2006. My GPA was 4.0.
Here is where it gets strange. I had a friend in China that told me about a program that taught Chinese to foreigners at a Chinese University. I asked my college if I could take this course to satisfy my foreign language requirements. My college allowed it, so I went to China during the summer of 2005 and stayed with my friend for the summer. Things happened and I asked her to marry me. I returned to the US to finish my degree and afterwards went to China to marry her. Around graduation time, Goldman Sachs came to my school to give interviews. My professors wanted me to be the one interviewed, but I turned them down because I didn't want to be apart from my current wife. I didn't want to marry her, then come back to the US and wait months or years for her visa to be approved. Now I am in China teaching English, making around 600 dollars a month. I am also studying Chinese and preparing for the GMAT.
Summary:
-26 years old
-4.0 GPA
-Summa cum Laude
-Recipient of the SCORE scholarship for excellence in Finance
-2.5 years experience as an accountant intern as an undergrad
-By the time I plan to apply (Dec 2007) I will have 1.5 years experience teaching English at a University in China
-By the time I attend I expect to be near fluent in Chinese
Here is the question: I am confident that after some preparation I can score 710+ on the GMAT. Will that score combined with a 4.0 GPA and the work experience I have be enough to get me into an elite school? I want to enroll in August 2008. Am I going to be penalized for going after what would make me happy instead of working as an office monkey/bagel-fetcher right out of college? If I cannot get into an elite program, which schools should I aim for?
EDIT: After looking online, I found that MBA programs consider your total college experience, not just where you graduated from. I should mention my first 2 years of school. When I first went to college, it wasn't for the education. It was to get out of a little backwoods town. I scored 1300 on the SAT, but went to that state Uni because my friends were going there. When I first went to college I just drank every day. After the initial partying (1.4 GPA), I managed to pull my GPA up to around a 2.9 or 3 before making the move to NY. When I went back to school to finish my degree, I had a purpose and really wanted to do well rather than just party like when I was 18. I guess you have to take this into consideration when evaluating my profile.
EDIT 2:If an MBA at a decent school is out of the question, which Masters of Finance programs would I be able to get into?
30 Jan 2007, 06:50
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frankmay32780
Frankmay37280,
Interesting story. You will certainly stand out from the crowd and a 710+ GMAT will allay concerns raised by the low early GPA. Fluency in Chinese and experience teaching there will be assets. The adcoms may even be favorably touched by your personal story--so consider telling it in an essay. There are probably some top 15 schools (what I assume you have in mind by "elite" school) where you have a decent chance. But I recommend that you build up your leadership profile, either through leadership roles in your teaching work or extracurricularly through, for example, a 'social impact' organization you start or join in China. Schools may wonder how your teaching experience has helped you define post-MBA goals and may wonder what you know abour business, so perhaps if your extracurricular leadership activity were business-related, e.g., "social entrepreneurship," you would be killing two birds with one stone.
Hope this helps.
30 Jan 2007, 17:18
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Thanks for the reply. I was thinking of organizing some of the other English teachers and starting a low cost Saturday class for kids. The fee for the class would basically serve to cover costs for materials and such. A normal English class in China that employs a foreigner costs around 15-20 RMB per hour, so basically only the rich kids can go. I was thinking of charging 5 RMB per hour and give some of the less fortunate kids a shot. Would something like this count as "social entrepreneurship"?
Assuming that I organize the Saturday class, which of those top 15 schools should I apply to? Remember, each application costs around 1/3 of my monthly income! I want to apply where I actually have a chance. Also, which schools would be inclined to award scholarships to people in my situation(poor, but high GMAT and GPA)? Chances are that my wife and I are going to take the MBA back to China because my wife doesn't want to live in the US. $80-100,000 is ALOT of money in China. I don't want that much debt hanging over my head if I can avoid it. If I am earning RMB (8RMB=1Dollar) it might, depending on where I work, take me a lifetime to pay the loan back. Thanks again for your help.
Assuming that I organize the Saturday class, which of those top 15 schools should I apply to? Remember, each application costs around 1/3 of my monthly income! I want to apply where I actually have a chance. Also, which schools would be inclined to award scholarships to people in my situation(poor, but high GMAT and GPA)? Chances are that my wife and I are going to take the MBA back to China because my wife doesn't want to live in the US. $80-100,000 is ALOT of money in China. I don't want that much debt hanging over my head if I can avoid it. If I am earning RMB (8RMB=1Dollar) it might, depending on where I work, take me a lifetime to pay the loan back. Thanks again for your help.
