GMAT Question of the Day: Daily via email | Daily via Instagram New to GMAT Club? Watch this Video

It is currently 28 Jan 2020, 08:53

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

MFin Admission Chances for Degroote McMaster University? Please help!!

  new topic post reply Update application status  
Author Message
Intern
Intern
avatar
B
Joined: 30 Sep 2019
Posts: 11
MFin Admission Chances for Degroote McMaster University? Please help!!  [#permalink]

Show Tags

New post 07 Dec 2019, 13:45
I am applying for Masters of Finance program at Degroote School of Business, McMaster University. Any advice on my chances of securing admission will be greatly appreciated. Thank you all for taking the time to read this.

GMAT 640 (V35/Q42/IR4); Average (not median!) GMAT of Degroote's MFin program is 676!!!
I've got mostly 'A's and A- in my 3rd and 4th year of my Bachelors in Finance and Accounting from the Robert H. Smith School of Business, University of Maryland, College Park. My 3rd and 4th year CGPA at Smith was 3.67 (I got 4 Bs all in Accounting courses like audit and tax which brought down my GPA).

My professors at the Smith School have said they'll write me very strong recommendation letters.

I've also completed the US CPA exams. Had a straight 4.0 CGPA in my first two years of college though that was at a Community College (I think MFin programs might not care for community college coursework).

Extracurriculars:
One among two students chosen to represent the entire body of 27,000 undergraduate students at the university senate.

One among 20 students competitively selected out of 2400 students to become a part of a prestigious finance fellowship program in my UG.

Made it to the final round of a business idea entrepreneurial competition out of more than 260 students and presented my idea to members of the Maryland Chamber of Commerce.

Worked with the IRS as a volunteer tax preparer and received a certificate of excellence praising my work ethic.

Worked in a small company to get experience of how the businesses function overall. My passion entrepreneurship drove me to join this company. I got good experience here. The MFin program at McMaster does not require any experience though.


Degroote has 3 rounds of admission for international students and while the first round has passed (December 01, 2019), the second round of admissions deadline is January 15, 2020 and the third round of admissions deadline is February 20, 2020. Now since today it is already December 06, I feel that even if I do retake the GMAT, it will take GMAT 3 weeks to send my official report to the Degroote school of business and it must reach the school BEFORE the second round of admissions deadline of January 15, 2020 for me to be considered in that round for admission. That means I should at most take the GMAT exam by December 24, 2019 and that gives me only 18 days more from today to study for it and improve my score. If anybody can give me any advice regarding how competitive my score of 640 (V35/Q42/IR4) is for the MFin at Degroote, I'll be extremely grateful.

The mean (not median!) GMAT score of Degroote's MFin program is 676. So I'm 36 points below average. I think my CGPA of 3.67 at Smith and the fact that I've passed the US CPA exams should at least demonstrate to Degroote's MFin that I'm capable of handling quantitative coursework even if my GMAT is 36 points below their average. But what do you all think? Should I retake the GMAT by December 24 to apply for the second deadline? Or just concentrate on the rest of the application (Statement of Purpose) and pray that my GMAT of 640 is good enough for the second round of admissions. Also, I asked Degroote if applying before the second round of admission of January 15 would increase my chances of admission as compared to applying before the final deadline of February. They just said "We cannot say that your chances would be higher. Depends on the applications."
CrackVerbal Co-Founder
User avatar
B
Joined: 06 Jun 2012
Posts: 105
Location: India
Schools: IIMA
Re: MFin Admission Chances for Degroote McMaster University? Please help!!  [#permalink]

Show Tags

New post 10 Dec 2019, 21:46
roy311 wrote:
I am applying for Masters of Finance program at Degroote School of Business, McMaster University. Any advice on my chances of securing admission will be greatly appreciated. Thank you all for taking the time to read this.

GMAT 640 (V35/Q42/IR4); Average (not median!) GMAT of Degroote's MFin program is 676!!!
I've got mostly 'A's and A- in my 3rd and 4th year of my Bachelors in Finance and Accounting from the Robert H. Smith School of Business, University of Maryland, College Park. My 3rd and 4th year CGPA at Smith was 3.67 (I got 4 Bs all in Accounting courses like audit and tax which brought down my GPA).

My professors at the Smith School have said they'll write me very strong recommendation letters.

I've also completed the US CPA exams. Had a straight 4.0 CGPA in my first two years of college though that was at a Community College (I think MFin programs might not care for community college coursework).

Extracurriculars:
One among two students chosen to represent the entire body of 27,000 undergraduate students at the university senate.

One among 20 students competitively selected out of 2400 students to become a part of a prestigious finance fellowship program in my UG.

Made it to the final round of a business idea entrepreneurial competition out of more than 260 students and presented my idea to members of the Maryland Chamber of Commerce.

Worked with the IRS as a volunteer tax preparer and received a certificate of excellence praising my work ethic.

Worked in a small company to get experience of how the businesses function overall. My passion entrepreneurship drove me to join this company. I got good experience here. The MFin program at McMaster does not require any experience though.


Degroote has 3 rounds of admission for international students and while the first round has passed (December 01, 2019), the second round of admissions deadline is January 15, 2020 and the third round of admissions deadline is February 20, 2020. Now since today it is already December 06, I feel that even if I do retake the GMAT, it will take GMAT 3 weeks to send my official report to the Degroote school of business and it must reach the school BEFORE the second round of admissions deadline of January 15, 2020 for me to be considered in that round for admission. That means I should at most take the GMAT exam by December 24, 2019 and that gives me only 18 days more from today to study for it and improve my score. If anybody can give me any advice regarding how competitive my score of 640 (V35/Q42/IR4) is for the MFin at Degroote, I'll be extremely grateful.

The mean (not median!) GMAT score of Degroote's MFin program is 676. So I'm 36 points below average. I think my CGPA of 3.67 at Smith and the fact that I've passed the US CPA exams should at least demonstrate to Degroote's MFin that I'm capable of handling quantitative coursework even if my GMAT is 36 points below their average. But what do you all think? Should I retake the GMAT by December 24 to apply for the second deadline? Or just concentrate on the rest of the application (Statement of Purpose) and pray that my GMAT of 640 is good enough for the second round of admissions. Also, I asked Degroote if applying before the second round of admission of January 15 would increase my chances of admission as compared to applying before the final deadline of February. They just said "We cannot say that your chances would be higher. Depends on the applications."



Hello roy311,

You have a clear understanding of your strengths and areas of improvement, which is a good thing. Let's start by looking at the positives of your profile.

1. Your Bachelors in Finance and Accounting from Smith is a credible course for MFin. Your GPA is also good. Which is definitely a plus.
2. Good recommendations from professors are a great value add too.
3. Your finance fellowship
4. Your work experience - Though they won't necessarily look at work experience, I believe this will be a value add for sure. Any experience brings with it perspective on client engagement, processes, compliances, stakeholder management, and networking.

I would suggest you apply for the Jan 15th deadline and not wait till the final one. If you have your ESR you could send it across to me, we could look at what you can do to improve in the next 1 month. A higher GMAT will improve your chances for sure. Do start your application in parallel so that you can get that out of the way. If it's just an SOP it should not take you too much time.

rgds,
Shree
_________________
GMAT Club Bot
Re: MFin Admission Chances for Degroote McMaster University? Please help!!   [#permalink] 10 Dec 2019, 21:46
Display posts from previous: Sort by

MFin Admission Chances for Degroote McMaster University? Please help!!

  new topic post reply Update application status  





cron

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne