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Nationality: Pakistani
Qualifications: BBA (3.25 CGPA)
Work Experience: Total around 8 years
Post-MBA goals: investment banking is probably most logical
Target schools: Harvard (maybe too ambitious?), Wharton, Booth, Columbia, NYU
Unique Points
-International education/work experience
-Launched a scholarship at my university in Pakistan
Some questions:
Can I apply in Round 2 to top schools (Harvard/Wharton/Booth) or will it be better to go for these in Round 1? I am thinking to target lower ranked in Round 1 and go for a moonshot in Round 2. What are your thoughts?
If I go with Round 1 and Round 2 strategy, how should I manage deposits? For example, if I get an admit, do I have to pay deposit and assume it to be a sunk cost in case I get a better admit in Round 2?
Any idea on which schools will be willing to give a full-ride or close to it to me?
Qualifications: BBA (3.25 CGPA)
Work Experience: Total around 8 years
Post-MBA goals: investment banking is probably most logical
Target schools: Harvard (maybe too ambitious?), Wharton, Booth, Columbia, NYU
Unique Points
-International education/work experience
-Launched a scholarship at my university in Pakistan
Some questions:
Can I apply in Round 2 to top schools (Harvard/Wharton/Booth) or will it be better to go for these in Round 1? I am thinking to target lower ranked in Round 1 and go for a moonshot in Round 2. What are your thoughts?
If I go with Round 1 and Round 2 strategy, how should I manage deposits? For example, if I get an admit, do I have to pay deposit and assume it to be a sunk cost in case I get a better admit in Round 2?
Any idea on which schools will be willing to give a full-ride or close to it to me?
06 Jul 2021, 22:15
Kudos
Bookmarks
Hello Mr. MBA, thanks for your post.
Overall I do think your profile is solid. Your GPA is decent, and your GRE is very strong so that is good news. Plus your CFA helps compensate for your GPA, so in general I think schools will feel you have the quantitative ability to succeed in the classroom.
It is hard to gauge your work experience without knowing your accomplishments and impact you have made there. It is nice to see that you are currently leading a team though. I assume you have many more examples that show you have made an impact and demonstrated leadership at work. One point of concern is that your average years of work experience are well above 5 years. So it will also be important to explain why you want your MBA, and why “now”, and to also illustrate the skills you already have which are transferable to your goals. Be sure your story makes sense, and is realistic and specific. I do think investment banking is one viable option.
There is a lot to consider in terms of Round 1 and Round 2 strategy, but without knowing more, I suggest you apply to at least a few “reach” schools in Round 1. It will be even a bit more difficult to gain admission if applying in Round 2. And yes, you may have to eat your deposit if you find out later you have been admitted into a school you like more. But in the long run, that is a small price to pay for being able to choose the MBA program that is best for you.
If you would like to discuss your story or anything else in greater detail, please sign up for a free consultation.
Good luck!
Overall I do think your profile is solid. Your GPA is decent, and your GRE is very strong so that is good news. Plus your CFA helps compensate for your GPA, so in general I think schools will feel you have the quantitative ability to succeed in the classroom.
It is hard to gauge your work experience without knowing your accomplishments and impact you have made there. It is nice to see that you are currently leading a team though. I assume you have many more examples that show you have made an impact and demonstrated leadership at work. One point of concern is that your average years of work experience are well above 5 years. So it will also be important to explain why you want your MBA, and why “now”, and to also illustrate the skills you already have which are transferable to your goals. Be sure your story makes sense, and is realistic and specific. I do think investment banking is one viable option.
There is a lot to consider in terms of Round 1 and Round 2 strategy, but without knowing more, I suggest you apply to at least a few “reach” schools in Round 1. It will be even a bit more difficult to gain admission if applying in Round 2. And yes, you may have to eat your deposit if you find out later you have been admitted into a school you like more. But in the long run, that is a small price to pay for being able to choose the MBA program that is best for you.
If you would like to discuss your story or anything else in greater detail, please sign up for a free consultation.
Good luck!
09 Jul 2021, 08:37
Kudos
Bookmarks
mbaMissionMichael Thanks! By the way, is it advisable to change jobs during apps? I have an offer at a higher level so do you think it helps or hurts my chances in any way? The offer is from a firm that is definitely in the top 3 banking employers.
