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profile evaluation 40 year old male 15 years US experience

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ksm999
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profile evaluation 40 year old male 15 years US experience [#permalink] New post   01 Jul 2012, 21:04
40 year old
US citizen
Indian origin
B.Com (first class)
MS in Accounting US (3.53 GPA)
passed CPA exam
15 years in the IT field (not an engineer but a business analyst type role
managerial experience oveseeing a team of 5 resources and an offshore team
comp level is mid 100K
opportunity cost is 400K and lost promotions
current title - manager software engineering


option1 part time MBA in a major metro area
option 2: full time top 10 only

1. will i need over 650 gmat
2. disadvantage to age race and national origin and background in IT?

reason for MBA: want to work in finance at a technology firm specializing in product acquisitions or at a VC firm evaluating technology startups
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jenniferbloom
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Joined: 23 Dec 2010
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Re: profile evaluation 40 year old male 15 years US experience [#permalink] New post   06 Jul 2012, 06:12
Expert Reply
ksm999 wrote:
40 year old
US citizen
Indian origin
B.Com (first class)
MS in Accounting US (3.53 GPA)
passed CPA exam
15 years in the IT field (not an engineer but a business analyst type role
managerial experience oveseeing a team of 5 resources and an offshore team
comp level is mid 100K
opportunity cost is 400K and lost promotions
current title - manager software engineering


option1 part time MBA in a major metro area
option 2: full time top 10 only

1. will i need over 650 gmat
2. disadvantage to age race and national origin and background in IT?

reason for MBA: want to work in finance at a technology firm specializing in product acquisitions or at a VC firm evaluating technology startups

The opportunity cost is simply too high for the traditional MBA programs to consider you since the jobs they will place you in after you graduate would not match your current salary. I highly recommend that you consider executive MBA programs and the full-time programs aimed at your level of experience (MIT Sloan Fellows, Stanford Sloan Masters, LBS Sloan Masters, USC IBEAR, etc.). While these programs do not typically have great strong placement options following graduation, working with professional headhunters should be helpful to you. I do think that your GMAT score will have to be around 660 or higher for the best of these.
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ksm999
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Re: profile evaluation 40 year old male 15 years US experience [#permalink] New post   06 Jul 2012, 10:03
Thank you Jennifer,

am i reading this correctly that the gmat is optional if microenonomics was done which i did at university

https://mitsloan.mit.edu/fellows/admissi ... rocess.php

also my dad was an MIT alumni. not sure if that helps in anyway. the cost factor is infact very deterring at 167K
the return on investment is difficult to justify and it may take 10 years or more to recover this

also would love to hear your opinion if i would fit in to this type of class profile. I do have global experience as i manage an offshore team and an onsite team but its only 5 people in the team

anyway i will definitely explore this option
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jenniferbloom
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Joined: 23 Dec 2010
Posts: 668
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Re: profile evaluation 40 year old male 15 years US experience [#permalink] New post   15 Jul 2012, 03:03
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ksm999 wrote:
Thank you Jennifer,

am i reading this correctly that the gmat is optional if microenonomics was done which i did at university

https://mitsloan.mit.edu/fellows/admissi ... rocess.php

also my dad was an MIT alumni. not sure if that helps in anyway. the cost factor is infact very deterring at 167K
the return on investment is difficult to justify and it may take 10 years or more to recover this

also would love to hear your opinion if i would fit in to this type of class profile. I do have global experience as i manage an offshore team and an onsite team but its only 5 people in the team

anyway i will definitely explore this option

Yes, you are reading that correctly about the microeconomics (or calculus, etc.) exempting applicants from the GMAT/GRE. The fact that your father is an alumnus of MIT can be helpful to your application, yes, but it won't get you in if they do not feel you are ready and will contribute to the class.
Executive MBA programs allow you to continue your current role and study on weekends or for intensive study periods instead of leaving your role for a year, so I do still recommend that you consider them as well.
GMAT Club Bot
gmatclubot
Re: profile evaluation 40 year old male 15 years US experience [#permalink]
15 Jul 2012, 03:03

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