Hello.
I'm preparing for B school apps about 1.5years in advance so I'd like to know what are my chances like and how much will these chances improve assuming I work on co-curricular activities and alternative transcripts.
Personal background: Asian, female, will be 29 at time of matriculation.
The following brief information is a rough gauge at point of application in 2016:
1) Work experience: 3 years as a banking paralegal then full career-switch to accounting for 2 years
2) GMAT: 690
3) College: One of the top Asian universities. Economics major. GPA converts to roughly 2.78. (I know it's very much on the lower end. How much can an alternative transcript help with this? Or are the Top 20 colleges all out of reach?)
4) Co-curricular: Wasn't active at all in college. None at the moment; intending to volunteer mentoring children.
5) Certifications: will attain Chartered Accountant status in 2015. Intending to start on CFA program as well.
6) Target schools: Yale, Duke Fuqua, Oxford Said, Cambridge Judge.
7) Application period: R1 / R2 in 2016
8) Post-MBA goals: Run family business and/or consulting.
Questions:
- I understand that the above profile is a far cry from what top B schools usually accept. How significant will it be if I:
1. complete all 3 levels of CFA?
2. explain my circumstance for the lower end GPA? It was a mix of factors? Losing interest in school / late bloomer (hence did not participate actively in co-curricular activities during college years as well. Also the same reason why I picked up accounting only much later and decided I will attend business school) & family financial issues (it was better that I graduated sooner and helped out with supporting the finances at home)
3. intend to attend summer schools (e.g. LSE) and do well in some classes? Will this help as an alternative transcript? In my country, the colleges do not offer non-degree program classes for non-graduating students during normal school terms.
- Also, will a GMAT score increase of 20-30 points help in negating the lower GPA at this point? Or does it not make much difference (unless it's 750 and above)?
- I am not sure if my target schools are too much of a stretch. If so, could you kindly suggest some schools that are realistic targets?
Appreciate any advice you can provide.
Thanks.