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19 Jul 2016, 09:19
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Dear All,
I am a south african citizen but currenly working in investment strategy (but open to move to banking/consulting) for a niche firm in London and been wanting to move to the US for the last few months. After some chats, i was advised that directly getting a job (in banking or consulting) is close to impossible as i would need to be sponsored and I am much better off doing my MBA at a US school which should land me a job.
So did gmat last year (620), applied to quite a few schools in R2...got waitlisted at Tepper/Georgetown/Mccombs...re-took GMAT and got 690!!:). UNFORTUNATELY, that wasnt good enough to get admitted which was very disappointing as i was sure that if i got waitlisted at 620, i should get accepted at 690. However, I have been accepted at Maryland...and i could tell from the interview itself that they loved me so wasnt surprised with the offer.
So the question is:
1) Do i accept Maryland (something i need to decide asap to sort out visa etc.), graduate in 2018 and find a job afterwards
2) Wait to apply in R1 for 2017 with my improved score with the view to get admitted at a better school (no guarantee that i will get admitted). Also, in the meantime, try to job hunt directly in US through contacts/networking/referrals. If i get a job, great..else have MBA as the fallback option
So i have NO idea what to do:(
The second option seems the more sensible option but then i ask myself, is the gamble of getting into a better school worth it? will a better school make a big difference to job prospects post-MBA. Looking at employment reports, maryland seems to have a good job offer rate but i guess every university advertises it that way.
The other factor in my thinking is that i am turning 30 this year and since i have decided to move to the US and re-start my life there (after a break-up unfortunately), id rather do it sooner rather as opposed to wait for another year...
Sharing both my personal and professional dilemmas:-/
Thanks in advance for any guidance!
Regards
I am a south african citizen but currenly working in investment strategy (but open to move to banking/consulting) for a niche firm in London and been wanting to move to the US for the last few months. After some chats, i was advised that directly getting a job (in banking or consulting) is close to impossible as i would need to be sponsored and I am much better off doing my MBA at a US school which should land me a job.
So did gmat last year (620), applied to quite a few schools in R2...got waitlisted at Tepper/Georgetown/Mccombs...re-took GMAT and got 690!!:). UNFORTUNATELY, that wasnt good enough to get admitted which was very disappointing as i was sure that if i got waitlisted at 620, i should get accepted at 690. However, I have been accepted at Maryland...and i could tell from the interview itself that they loved me so wasnt surprised with the offer.
So the question is:
1) Do i accept Maryland (something i need to decide asap to sort out visa etc.), graduate in 2018 and find a job afterwards
2) Wait to apply in R1 for 2017 with my improved score with the view to get admitted at a better school (no guarantee that i will get admitted). Also, in the meantime, try to job hunt directly in US through contacts/networking/referrals. If i get a job, great..else have MBA as the fallback option
So i have NO idea what to do:(
The second option seems the more sensible option but then i ask myself, is the gamble of getting into a better school worth it? will a better school make a big difference to job prospects post-MBA. Looking at employment reports, maryland seems to have a good job offer rate but i guess every university advertises it that way.
The other factor in my thinking is that i am turning 30 this year and since i have decided to move to the US and re-start my life there (after a break-up unfortunately), id rather do it sooner rather as opposed to wait for another year...
Sharing both my personal and professional dilemmas:-/
Thanks in advance for any guidance!
Regards
19 Jul 2016, 11:22
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noname007
20 Jul 2016, 05:10
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noname007
Hello noname007,
I just want to keep this simple. Talk to people who are in the job you want, and find out of Maryland 690 will work. This might make the decision a lot easier.
1) Get clear on your career goal. This is important for many reasons. For investment banking (generally) and consulting (for MBB - always) there's a GMAT cutoff of 700 if you attend top ten schools and 720 top 20 schools. So you might actually need to retake it again to accomplish your goal.
2) Also, you really need to be clear (and excited) about your goal in order to write a compelling essay for the admissions committee. If you try to fake it, it shows, and they know. Work with a career coach if you need to.
Good luck to you~ PM me if you like
Farrell
