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Need an evaluation. Applying in 2021-2022

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Author Message
Intern
Intern
avatar
B
Joined: 01 Sep 2018
Posts: 35
GMAT 1: 710 Q48 V40
GPA: 3.5
WE: Information Technology (Insurance)
CAT Tests
Need an evaluation. Applying in 2021-2022  [#permalink]

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New post 10 Mar 2019, 18:49
1
Hello.

Here are some facts about me. Mainly looking for recommendations on where to apply and whether to retake the gmat again. Goal is MIT or Tuck... that would be incredible. I can speak a lot more about myself than described below...

Demographic:
White, Male, right now 23. Will be 26-27 during application. Born in Russia, High School in England, College in USA. Bentley University. 3.50 GPA in Econ-Finance

College activities:
Rugby team (conference champs and national championship contenders, Treasurer)
Eco-Fi Society (discussing macro economic policy of the US mostly)
Investment Group (helping manage $250k of Bentley's endowment)

GMAT
As of today 710 Q48 V40. Retaking in 2 weeks. (had 760/750 in practice).

WE
Right now 2 year of full time WE. At the time of application will be 5 or 6 years.

I am employed at a F250 company (think big insurance/fin services). I am in a highly selective business analyst rotational program.
This is a 3 year program with 12 months rotations.
I started in Data Governance and Record Management. Essentially overseeing all of the data that my company produces and preparing executive dashboard on it + doing vendor management. I can make this a pretty work experience on paper.
Year 2 was in Robotic Process Automation group. Essentially replacing people with software. We have a lot of impressive stats. We have been instrumental in curbing expense growth at our division.
Year 3 is on the same team as Year 2 but in the emerging technologies group. At a very high level I am responsible for identifying companies that will allow my company to achieve higher straight through processing via AI/ML/Optical Character Recognition/Chat bots/anything else. I provide important recommendations to senior leadership on tech strategy. Constantly act as a point of contact with multiple CEO's of small - medium size Tech Companies.

Going forward I expect my role to be tightly aligned around strategic new tech initiatives for the whole division.


Extra curricular
Founded an employee resource group that mobilizes young professionals to be the next generation of leaders at my company (I am the Co-Chair and Founder). The group helps engage young employees to become better leaders via volunteering, education, and networking channels.
Internal Innovation Challenge Finalist (twice) + Winner (once + next final is next week so maybe twice). Done at work. Can talk more about results of my innovation pitches.
Boston Marathon finisher (raising almost 3k for charity).
Various work awards (basically for doing more than asked).
Doing pro-bono consulting for charities, mainly tech (for example salesforce integration for an NGO)


What schools can I target? I am looking to either apply to schools known for strong entrepreneurship/innovation labs or management consulting recruitment.

Appreciate advice and will respond to all of the PMs! :)
MBA Admissions Consultant
User avatar
B
Joined: 25 Jan 2010
Posts: 946
Re: Need an evaluation. Applying in 2021-2022  [#permalink]

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New post 09 Apr 2019, 13:10
1
Hey almazovniko:

For as much is this is possible, actually enjoyed reading through the profile information you provided. The one area I would've liked more info on is your GOALS. What are they, specifically? Right now, I'm going to run with management consulting at MBB because becoming an entrepreneur upon graduation is not realistic. It's not realistic in the sense that admissions committees never go for that type of short-term goal (i.e. day 1 after graduation).

You have to give them something concrete if you want them to process it in a favorable light. When writing about your short-term goals (in any essay or on any application), you want to be as conservative as possible. If you want to know what that looks like (i.e. what specific role/shape that takes) simply look at the employment report for your target school. That's step 1 when it comes to formulating goals relevant to the school to which you apply. Just so you know, your future short-term goal has to rely upon your current work experience. That is, it has to build upon your current work experience. It has to be a logical extension of your current work experience - it doesn't have to be a replica of it.

When it comes to long-term goals, you can be a bit more aggressive. However, The long-term goal still have to build upon your short-term goals, and of course your short-term goals have to build upon your current work experiences and the MBA. Unless you're applying to HBS or Stanford GSB, you don't need to write any type of "save the world and every baby whale" long-term goal. Again, you don't need to tell them that you are going to change the world – which is the requirement at HBS and Stanford.

Moving on …

Bentley has a very solid rep with recruiters and of course, MBA admissions committees. So that helps a bit. Your major and your GPA are in line with what any top MBA program would expect to see. Your involvement is on par with what I would expect. There's a good mix of professional interest clubs and athletics. There are no problems here.

Your multinational background – the older you get, the longer you stay in America, the less impact your multinational background will have on the admissions committee. But I wouldn't worry about that to be honest. Admissions committees are much more concerned about the future. Certainly the future is a product of your past, but your future (i.e. short-term goals) are absolutely dependent on your work experience.

With respect to GMAT – you need to take it again. As of right now, you are looking at MBA programs that cluster right around the number 10 spot. I'm talking about schools like Columbia, Fuqua, Darden, Yale … With a 710 your chances are a bit lessor at Tuck and MIT. Here's the deal with the 710 – you are in waitlist territory. That is as close to hell on earth as you can be. You never really want to get waitlisted because it's essentially purgatory. You're not rejected, and you are not accepted. So basically you can't make any plans. You can't tell work or your boss if you're leaving for sure. Your girlfriend or boyfriend wants to know what city they might be moving to, or not. You can't tell your landlord when you expect to vacate your flat. You can't tell your friends if you're actually going to join them for next month's backpacking trip across Europe. You can't do any of these things because you don't know what's going to happen. In the meantime, your spending your time writing waitlist updates, visiting the school again, reaching out to current students and alumni, and commiserating on GMAT Club. All of this consumes your time, and it's better if you invest that time upfront before you start applying by studying longer and harder for the GMAT. You need to retake the GMAT. You need to get a higher score – 10 or 20 points would be enough. Based on my clients' experience - if you can get a 750 or above - you are probably going to get money from the school. In the very least, you are going to have many more options with a slightly higher score. Don't get lazy on me almazovniko, take the f-ing test again. If you get 1 or 2 more questions right, that could boost your score by 10 or 20 points.

With respect to work experience – it seems like you play the role of an internal consultant. This bodes well for recruiting at management consulting firms. I like how you have rotated around the firm. I would rate your work experience as extremely solid. With all due respect, it's not going to wow the admissions committee, but ultimately that's not what the vast majority of admissions committees look for with respect to work experience. Keep in mind that the success of any essay you write about your work experience does not rely on the technical subject matter of the project or initiative. Rather, it's all about how you lead, interact with others, and ultimately build relationships to achieve shared results. In plain English – the admissions committee doesn't give a crap if you're talking about OCR technology or fidget spinners. It's all about the human interest story in the end, and what that story says about your soft skills as a leader. I point this out because you did give me a good deal of technical detail that's not as relevant as you may think.

With respect to your future projects, they may be technical in nature, but it's all about how you implement these new technologies across the firm. That's the story the admissions committee wants to know about. Remember, they're not getting a robot, they're getting a human being. So write like one.

Your extracurricular experiences right now are on par with what I see with my clients that get into the top 10 MBA programs. Anytime you can kill two birds with one stone, that's the right way to approach extracurriculars. This is why I like the professional development initiative that you help champion at your place of work. Keep it up. You don't need to take on a bunch of additional responsibilities at work or outside of it. Just stay the course here. Use any additional time that you would burn to volunteer to study for the GMAT. Right now your GMAT score is a difference between schools from 10 to 15 (range) and schools from 3 to 9 (range).

So you ask – "what schools can I target?" Again, this all depends on your new GMAT score. You don't need to focus on raising your quant score. You need to focus on all the money you left on the table with your less than stellar verbal score. I would encourage you to hit the verbal sections hard when preparing. But of course you know that.

A better way to approach school selection - which is essentially what you're asking by "what schools can I target?" - is by asking the following question instead: "How well can I answer these essays?" Now, this is not some blatant plug for my admissions consulting services. What I am asking you to do is to inventory the questions at these top schools. For example, how well can you answer "what matters most to you and why?" Can you really provide a thoughtful response in 750 words? What about Columbia's essay 3 - essentially – "what have you learned from a team failure?" Have you ever been part of a team failure? One meaningful enough to write about? What makes it so meaningful? What are the lessons you learned? Name three lessons? Tell me how you carry that forward with you into subsequent roles at work and in your life. To be completely honest, sometimes schools that we want to apply to and that may make sense "on paper" ask essay questions that applicants simply do not have good answers for. The problem is that applicants don't realize it. So they'll put together something that does not resonate with the admissions committee. I see this most often when it comes to Harvard and Stanford. There are times when applicants simply have nothing meaningful to write about. They may think they do, but really they don't. By answering this question - "how well can answer this essay?" - upfront, you can narrow down your schools. If you don't want to write about finding yourself or anything existential in nature, then don't apply to Harvard or Stanford. Yale SOM asks for "the biggest commitment you have ever made." While you may understand the question prompt, if you don't have anything meaningful to write about, keep moving on to the next school's application. Now of course it may take a few weeks to come up with a story and perhaps an expert admissions consultant can help, but don't force anything If you simply don't have the experiences and content. I'm not saying you don't. What I am saying is that school selection should be evaluated based upon your background and stats, your goals and the school's ability to help you, and ultimately your fit with the school based upon the essays required.

Finally, and I mentioned this before in a different way, don't focus so much on schools with grid entrepreneurship programs. While it's definitely something you can reference in your application, it won't be a part of your short-term goals. In general, I view these entrepreneurship centers or programs as "nice-to-haves" and not something you can lean heavily upon to make your case as to why the school was a great fit for you and your short-term goals (unless you're an entrepreneur with a funded startup, of course.)

Please keep in mind that my comments and feedback are based upon my experiences over the last 13 years of working with MBA applicants. Because I do not have full insight into your background, my comments are informational and do not constitute specific advice.

Respectfully,
Paul Lanzillotti


almazovniko wrote:
Hello.

Here are some facts about me. Mainly looking for recommendations on where to apply and whether to retake the gmat again. Goal is MIT or Tuck... that would be incredible. I can speak a lot more about myself than described below...

Demographic:
White, Male, right now 23. Will be 26-27 during application. Born in Russia, High School in England, College in USA. Bentley University. 3.50 GPA in Econ-Finance

College activities:
Rugby team (conference champs and national championship contenders, Treasurer)
Eco-Fi Society (discussing macro economic policy of the US mostly)
Investment Group (helping manage $250k of Bentley's endowment)

GMAT
As of today 710 Q48 V40. Retaking in 2 weeks. (had 760/750 in practice).

WE
Right now 2 year of full time WE. At the time of application will be 5 or 6 years.

I am employed at a F250 company (think big insurance/fin services). I am in a highly selective business analyst rotational program.
This is a 3 year program with 12 months rotations.
I started in Data Governance and Record Management. Essentially overseeing all of the data that my company produces and preparing executive dashboard on it + doing vendor management. I can make this a pretty work experience on paper.
Year 2 was in Robotic Process Automation group. Essentially replacing people with software. We have a lot of impressive stats. We have been instrumental in curbing expense growth at our division.
Year 3 is on the same team as Year 2 but in the emerging technologies group. At a very high level I am responsible for identifying companies that will allow my company to achieve higher straight through processing via AI/ML/Optical Character Recognition/Chat bots/anything else. I provide important recommendations to senior leadership on tech strategy. Constantly act as a point of contact with multiple CEO's of small - medium size Tech Companies.

Going forward I expect my role to be tightly aligned around strategic new tech initiatives for the whole division.


Extra curricular
Founded an employee resource group that mobilizes young professionals to be the next generation of leaders at my company (I am the Co-Chair and Founder). The group helps engage young employees to become better leaders via volunteering, education, and networking channels.
Internal Innovation Challenge Finalist (twice) + Winner (once + next final is next week so maybe twice). Done at work. Can talk more about results of my innovation pitches.
Boston Marathon finisher (raising almost 3k for charity).
Various work awards (basically for doing more than asked).
Doing pro-bono consulting for charities, mainly tech (for example salesforce integration for an NGO)


What schools can I target? I am looking to either apply to schools known for strong entrepreneurship/innovation labs or management consulting recruitment.

Appreciate advice and will respond to all of the PMs! :)

_________________

Paul Lanzillotti | Founder| About | mba@amerasiaconsulting.com | 877.866.9251

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Need an evaluation. Applying in 2021-2022

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