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23 Jan 2016, 10:53
Kudos
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Given my academic and professional achievements so far, how feasible are my future goals?
GMAT - 680 V: 34 Q: 48 AWA: 6 IR: 5
TOEFL - 111 R: 30 L: 29 S: 28 W: 24
Graduation - BSc IT 60% [15 years of education] This degree is similar to any other Computer Science degree.
Work Ex - Total 4 Years
2 Years at L&T Infotech {Major IT firm in India}
Majority of my job was to handle IT infrastructure for our Danish Client. My team managed storage arrays and fabric switches.
As a daily part of my job, I analysed reports to look for errors and redundancy, worked on client requests, and suggested for improvement in connectivity.
I excelled at all the training, was chosen for 1-on-1 communication with client (very rare in our industry at my level), and was awarded for completing a particular client task
1 Year as a Co-Founder
Co-founded a jewelry startup with my partners.
Planned and organized marketing events to promote products, participated in exhibitions to increase brand visibility and help focus on target customers
1 Year at non-profit
working as a website manager - maintaining website, generating hits, improving donations, etc
Short Term Goal - Enter into consulting
- Consulting excites me due to its dynamic and complex nature
- Majority of my job at L&T was to find patterns and observations from a huge report. Proficiency in two skills were of paramount - excel and quants (apart from tech proficiency of course)
- At startup I was involved in different facets of business. Also, I spent a lot of time talking to successful/failed entrepreneurs, ivy school alumni, and VCs. THis is when I came to know in detail about fields such as PE, VC, AM, Consulting, etc
- At consulting I'll be able to apply my skills to do what I like the best. To find a solution from a huge dataset. I won't be restricted to a particular firm or industry.
Long Term - Start a PE firm in India
- After spending 5-7 years at consulting, I want to setup my own PE firm in my home country
- Currently in India, PE is in its fledgling state and there is a lot of scope as many firms' size are small to medium
- My dad manages our family owned business, which is very common in India. Growing up I have realized many needs of such businesses. I believe my past experience and my experience at consulting would help me built up a successful PE firm
I do not have any background in finance or accounting. I just think a good MBA coupled with a great stint at consulting would help me achieve my goals.
I want to know how feasible do my goals sound. Are they achievable? Should I change my goals just because they sound far from possible? Or do my goals need some sort of restructuring?
The schools I'm applying to are
Schulich
Rotman
Ivey
Queens
University of Alberta
Ryerson University Ted Rogers SOM
John Molson
GMAT - 680 V: 34 Q: 48 AWA: 6 IR: 5
TOEFL - 111 R: 30 L: 29 S: 28 W: 24
Graduation - BSc IT 60% [15 years of education] This degree is similar to any other Computer Science degree.
Work Ex - Total 4 Years
2 Years at L&T Infotech {Major IT firm in India}
Majority of my job was to handle IT infrastructure for our Danish Client. My team managed storage arrays and fabric switches.
As a daily part of my job, I analysed reports to look for errors and redundancy, worked on client requests, and suggested for improvement in connectivity.
I excelled at all the training, was chosen for 1-on-1 communication with client (very rare in our industry at my level), and was awarded for completing a particular client task
1 Year as a Co-Founder
Co-founded a jewelry startup with my partners.
Planned and organized marketing events to promote products, participated in exhibitions to increase brand visibility and help focus on target customers
1 Year at non-profit
working as a website manager - maintaining website, generating hits, improving donations, etc
Short Term Goal - Enter into consulting
- Consulting excites me due to its dynamic and complex nature
- Majority of my job at L&T was to find patterns and observations from a huge report. Proficiency in two skills were of paramount - excel and quants (apart from tech proficiency of course)
- At startup I was involved in different facets of business. Also, I spent a lot of time talking to successful/failed entrepreneurs, ivy school alumni, and VCs. THis is when I came to know in detail about fields such as PE, VC, AM, Consulting, etc
- At consulting I'll be able to apply my skills to do what I like the best. To find a solution from a huge dataset. I won't be restricted to a particular firm or industry.
Long Term - Start a PE firm in India
- After spending 5-7 years at consulting, I want to setup my own PE firm in my home country
- Currently in India, PE is in its fledgling state and there is a lot of scope as many firms' size are small to medium
- My dad manages our family owned business, which is very common in India. Growing up I have realized many needs of such businesses. I believe my past experience and my experience at consulting would help me built up a successful PE firm
I do not have any background in finance or accounting. I just think a good MBA coupled with a great stint at consulting would help me achieve my goals.
I want to know how feasible do my goals sound. Are they achievable? Should I change my goals just because they sound far from possible? Or do my goals need some sort of restructuring?
The schools I'm applying to are
Schulich
Rotman
Ivey
Queens
University of Alberta
Ryerson University Ted Rogers SOM
John Molson
26 Jan 2016, 09:12
Kudos
Bookmarks
Hi there,
Thanks for sharing your background with us. Since you didn't specify when you plan to apply, I'm going to assume you're aiming for the R1 deadline laster this Fall. All in all, I like the schools you've targeted for yourself, but I have a few call outs you should focus on in your application. First, your background is pretty standard for your applicant pool. The key is going to highlight the ways you standout. The achievements you listed are a good start, but you should challenge yourself to outline the key impacts you had in your work and any examples of leadership will go a long way.
The limited information you provided on your startup begs many questions. You worked on it for a year - then what? It's not necessarily a bad thing if you had to close it down. The key is going to be articulating the situation and the decisions you made and why you made them. This is the essence of your experience that the AdComms will want to know all about. Your experience at the non-profit is great. Any other community involvement or extracurricular activities?
I think your goal of wanting to go into consulting (I assume management consulting) makes sense, however I'm not sure how you plan on making the shift from consulting to PE. PE is a highly competitive area and your best shot at landing an entry level spot is going to be right after b-school. If you plan to start your own, that is an interesting thought, but there is nothing in your background that suggests you have the proper experience or expertise to be successful in the endeavor. You may want to rethink your goals and ensure there is a logical path for you to get there. B-school isn't a magical wand that enables you to go from where you are now to where you want to be. We have to be clear and prescriptive as to how the specific MBA programs will enable you to reach your goals.
Hope this information helps. Feel free to get back to us with the answers to the above questions. Also, feel free to check out our free resources to get you started. Best of luck this season!
Thanks for sharing your background with us. Since you didn't specify when you plan to apply, I'm going to assume you're aiming for the R1 deadline laster this Fall. All in all, I like the schools you've targeted for yourself, but I have a few call outs you should focus on in your application. First, your background is pretty standard for your applicant pool. The key is going to highlight the ways you standout. The achievements you listed are a good start, but you should challenge yourself to outline the key impacts you had in your work and any examples of leadership will go a long way.
The limited information you provided on your startup begs many questions. You worked on it for a year - then what? It's not necessarily a bad thing if you had to close it down. The key is going to be articulating the situation and the decisions you made and why you made them. This is the essence of your experience that the AdComms will want to know all about. Your experience at the non-profit is great. Any other community involvement or extracurricular activities?
I think your goal of wanting to go into consulting (I assume management consulting) makes sense, however I'm not sure how you plan on making the shift from consulting to PE. PE is a highly competitive area and your best shot at landing an entry level spot is going to be right after b-school. If you plan to start your own, that is an interesting thought, but there is nothing in your background that suggests you have the proper experience or expertise to be successful in the endeavor. You may want to rethink your goals and ensure there is a logical path for you to get there. B-school isn't a magical wand that enables you to go from where you are now to where you want to be. We have to be clear and prescriptive as to how the specific MBA programs will enable you to reach your goals.
Hope this information helps. Feel free to get back to us with the answers to the above questions. Also, feel free to check out our free resources to get you started. Best of luck this season!
26 Jan 2016, 12:47
Kudos
Bookmarks
Hi,
Thanks for reading such a long post. Really appreciate the help.
Regarding my startup, I left it because I and other partners had fundamentally different visions. Also, I believe it would be better to add more tools to my toolkit. It was sort of a pivot for me (in case you have read lean startup). I have not mentioned this anywhere in my application but I won't be hesitant to bring this up or talk about it during interview (if i get one). It was a wonderful one year as I learned a whole lot and the exit was actually not so bad.
Regarding my long term goal, I had reservations about it too. TBH, I am very certain about management consulting (shot-term) but not so concrete about PE. I would love to start my own PE or to join a PE shop but that would totally depend on my experiences in b-school and consulting. It was just that I read a lot about PE these days and met a few people in this field so I am more driven currently towards it.
Other thing I had in my mind was to join management consulting and focus on becoming an SME for CPG and later switch in a brand management role in a CPG firm (long term). My startup was into fashion accessory and I learned a bit about branding and stuff there.
What do you think?
Thanks for reading such a long post. Really appreciate the help.
Regarding my startup, I left it because I and other partners had fundamentally different visions. Also, I believe it would be better to add more tools to my toolkit. It was sort of a pivot for me (in case you have read lean startup). I have not mentioned this anywhere in my application but I won't be hesitant to bring this up or talk about it during interview (if i get one). It was a wonderful one year as I learned a whole lot and the exit was actually not so bad.
Regarding my long term goal, I had reservations about it too. TBH, I am very certain about management consulting (shot-term) but not so concrete about PE. I would love to start my own PE or to join a PE shop but that would totally depend on my experiences in b-school and consulting. It was just that I read a lot about PE these days and met a few people in this field so I am more driven currently towards it.
Other thing I had in my mind was to join management consulting and focus on becoming an SME for CPG and later switch in a brand management role in a CPG firm (long term). My startup was into fashion accessory and I learned a bit about branding and stuff there.
What do you think?
