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MIT PROFILE EVALUATION

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jppresa
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Joined: 26 Dec 2020
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Schools: LSE MFin "23
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MIT PROFILE EVALUATION [#permalink] New post   02 Jun 2022, 08:49
Profile

Nationality: Spanish

Age 21

Bachelors top 10 UK uni: 4/4 gpa

Masters in Finance from LSE: Distinction
GMAT: 720 (Q49)
CFA lvl 1

Although Im finishing a masters in finance already I want to take a program that is more focused towards financial engineering. Does this make sense? How are my chances of getting admitted?
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MBADecoder
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Re: MIT PROFILE EVALUATION [#permalink] New post   03 Jun 2022, 10:58
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jppresa wrote:
Profile

Nationality: Spanish

Age 21

Bachelors top 10 UK uni: 4/4 gpa

Masters in Finance from LSE: Distinction
GMAT: 720 (Q49)
CFA lvl 1

Although Im finishing a masters in finance already I want to take a program that is more focused towards financial engineering. Does this make sense? How are my chances of getting admitted?


I'd strongly encourage you to gain some work experience and then apply. Most applicants in an MBA class have work experience between 3 and 7 years, with the average work exp being around 4.5 to 6 years. Having this kind of work experience is beneficial in the MBA classroom as a lot of the learning happens peer to peer. Getting into an MBA program without work exp can leave you less ready to contribute to class discussions or to relate with the experiences of your classmates.

Moreover, you only just completed a masters degree. You could still do a MFE, but I really believe its time first for you to put your theoretical knowledge to practice first by getting into the work force.
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PersonalMBACoach
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Status:Boutique MBA Admissions Consulting from a Wharton graduate - Helping applicants get into top global business schools since 2008
Affiliations: Wharton, MIT
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MIT PROFILE EVALUATION [#permalink] New post   03 Jun 2022, 11:25
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Hi jppresa,

Thanks for sharing your profile. Are you interested in the full-time MBA program? On average, full-time MIT MBA students have an average of 5 years of work experience.

That said, we also strongly recommend getting more work experience under your belt. However, it's never too early to begin the MBA planning process! The best thing you can do to improve your candidacy is to plan ahead with the help of a trusted advisor to help you make all of the right decisions in the time leading up to your applications. Our early MBA planning clients have stellar acceptance and scholarship success rates. Find out more here.

For more information on whether now is the right time to apply for an MBA, check out our blog post.

If you are looking at another master's program rather than an MBA, then you may not need the same level of work experience to be considered a strong candidate. If you do want a second master's, you will have to explain how your previous degree, while helpful, was not sufficient to progress your career, in order to communicate your need for a second one.

Best,
Personal MBA Coach



jppresa wrote:
Profile

Nationality: Spanish

Age 21

Bachelors top 10 UK uni: 4/4 gpa

Masters in Finance from LSE: Distinction
GMAT: 720 (Q49)
CFA lvl 1

Although Im finishing a masters in finance already I want to take a program that is more focused towards financial engineering. Does this make sense? How are my chances of getting admitted?
User avatar
S
jppresa
Intern
Intern
Joined: 26 Dec 2020
Posts: 43
Own Kudos [?]: 36 [0]
Given Kudos: 30
Location: Spain
Schools: LSE MFin "23
GPA: 3.8
Send PM
Re: MIT PROFILE EVALUATION [#permalink] New post   03 Jun 2022, 13:27
PersonalMBACoach wrote:
Hi jppresa,

Thanks for sharing your profile. Are you interested in the full-time MBA program? On average, full-time MIT MBA students have an average of 5 years of work experience.

That said, we also strongly recommend getting more work experience under your belt. However, it's never too early to begin the MBA planning process! The best thing you can do to improve your candidacy is to plan ahead with the help of a trusted advisor to help you make all of the right decisions in the time leading up to your applications. Our early MBA planning clients have stellar acceptance and scholarship success rates. Find out more here.

For more information on whether now is the right time to apply for an MBA, check out our blog post.

If you are looking at another master's program rather than an MBA, then you may not need the same level of work experience to be considered a strong candidate. If you do want a second master's, you will have to explain how your previous degree, while helpful, was not sufficient to progress your career, in order to communicate your need for a second one.

Best,
Personal MBA Coach



jppresa wrote:
Profile

Nationality: Spanish

Age 21

Bachelors top 10 UK uni: 4/4 gpa

Masters in Finance from LSE: Distinction
GMAT: 720 (Q49)
CFA lvl 1

Although Im finishing a masters in finance already I want to take a program that is more focused towards financial engineering. Does this make sense? How are my chances of getting admitted?
Im interested in the masters in finance, I somehow for to mention this :/
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MBAPrepCoach
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Schools: Insead Sept19 Intake HEC Sept19 intake IMD '20 Kellogg '21 CBS '21 LBS '21
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Re: MIT PROFILE EVALUATION [#permalink] New post   16 Jun 2022, 21:50
Expert Reply
You are currently eligible to apply to the deferred program but not the regular program, and your odds will be better if you have a job lined up.
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Re: MIT PROFILE EVALUATION [#permalink]
16 Jun 2022, 21:50

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