Hi there! The good news is, it DOES look like you've had more "leadership" types of impact that go beyond what your title of "paralegal" would imply at first glance... WHEW! THIS IS A HUGE RELIEF!!!
It's going to be VITAL that your resume in particular really emphasizes that impact -- highlighting when you've persuaded others (ideally those over whom you have no direct authority), driven innovations, and the exposure to "capital raising".
The devil is in the details, esp for schools like Booth that is establishing itself as a PE powerhouse -- your "competition" from "the PE bucket" at the higher-ranked PE schools will have been making an impact on their PE funds' decisions -- ie, going beyond documentaion / due diligence and actually influencing the investment committee.
What I'd advise is "shooting for the stars" in R1, with a list of "Plan B" schools for R2 if needed.
Honestly, you might be a perfect candidate for a part-time program. Can you get a change to your job title prior to applying, will your employer consider officially changing your title from "paralegal" to something perhaps a little more... impactful-sounding? Granted, the title matters less than the impact, but just a thought.
And --- why bother with management consulting post-MBA? The post-MBA goal should be to slide on over to an investment role at a PE fund --
if your current employer would be willing to take you back but in an investment role post-MBA, then mention that as a your post-MBA "Plan B" job option.
-M
Quote:
I am a Paralegal applying to business school in the fall. I am on the older side, 8 years of experience. My goal is to pivot into consulting and long-term, go into Real Estate PE.
In my experience since undergrad, I was an Americorp Fellow that transitioned into a nonprofit that focused on affordable housing in disadvantaged communities. While i was there, we formed the Transform Neighborhoods Project, where we established a campaign to take vacant houses and turn them into affordable housing. We were able to housed a total of 20 families. This project was nominated by the city of Chicago as one of 12 new ideal ways to heal a city. I worked there for 3 years (when you count the Americorp Fellowship) and I transitioned to an International law firm where I did legal work for the big name PE firms and real estate companies. This is where I didn't want to go to law school because I wanted to be on the other side of the table long term. So I left the law firm to serve on the RE committee at a regional bank. While I was there, I created a comprehensive process on how to evaluate lending opportunities that come through the bank. We were able to streamline the process while making sure that the bank was lending to companies that can pay the debt. The companies were real estate PE firms that needed debt for real estate projects. I was recruited from there to work at a PE firm where I gained experience in capital raising and deal management. We were able to purchase portfolios of residential real estate in states with the highest rate of homelessness and provide affordable housing options there. I advised the executive team on which markets to pursue as well as which deals would produce the best returns for investors. I introduced data analytics software that could build financal models faster and perform market analysis quicker at the firm.
Why the MBA:
I tried to get into consulting (without an MBA), I was told on several occasions that I need an MBA to pivot over. This was when I networked with several consultants and spoke with them on how they pivoted.
Stats:
GPA: 3.58
GRE: 330
Extracurriculars Post Undergrad:
Community Advisory Council Member at a local community hospital in a blighted community.
Policy Chairman on the City of Chicago's Jobs and Economic Development Taskforce.
Coordinator and Co-Founder of the Community Antivolence Restoration Endeavor Project.
Coordinator of the Southland Human Services Leadership Council.
Top MBA programs:
1. Chicago Booth
2. Columbia GSB
3. Michigan Ross
4. NYU Stern
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