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23 Jul 2014, 03:26
Kudos
Bookmarks
Hi ,
I am really into a lot of dilemma about my profile because i hear a lot of people say it isnt strong enough for a good B school or that I may need more experience . As my GMAT is approaching closer , my anxiety is increasing . Would really appreciate your honest word on this .
Gmat Range - I particularly needed an idea as to how much i need to score to get into a decent college . My gmat is on august 6th and I am currently trending on 650 in my Mocks and Gmat Prep CATs . Please consider the range for me as 650-660
Profile - More details into my profile :
Job : Credit analyst ( american express , India , Work ex - 2.5 Years ) It dealt with assessment of risk involved with credit card holders . It was a core analysis job where various aspects of the Card holder are judged and his credibility is derived . So in all the work nature was quite complex and challenging . It is regarded as one of the toughest processes in the company . Regarding promotions and upscaling . I was moved to the top most vertical of the process within 9 months due to strong work and quality consistency . The top most vertical was a specialized unit with very limited people who were mostly very experienced and very selected on the basis of being best in their work .
Leadership and extra co-curricular : Post that within next year I was promoted to a leadership shadow role called as a team captain due to performance and handling of extra co-curricular activities in terms of employee rewards , employee fun and engagement , employee outings , employee growth and development . I was associated with all these groups and held many events on my own . In the leadership role of Team captain , i was given a team of 8 people who were just hired by the company . I led the team to high scores within a period of 3 Months . Though my role as a team captain has only been for 5 months but it certainly was a dynamic learning experience which helped me evolve as an individual and in terms of people management . I quit American express and started to prepare for GMAT
Extra achievements : I have a six sigma course seminar certificate which I attended in one of the statistical institutes in Delhi . I have some best performer certificates at my work place . At college level , I have certificates for event hosting , Participation and merit certificates at university level .
Academic : Graduation was based in core economics . I scored a 1st division which is approx 3.5 GPA . As a student in school , i have a track record of 86-90 percentile . No other volunteer work . I just made donations through our company from my salary each month to charitable organizations .
Career prospects : I am looking for a course which basically assures me a corporate job prospect abroad . I am not sure how good is an MA finance in that regard while i am aware MBA is known for it . However basically I want to on finance as my core even during my MBA and look for opportunities in finance perhaps like investment banker , Venture capitalists , consulting etc .
Hope my info is detailed enough and you could help me out .
Kind regards ,
Prateek .
I am really into a lot of dilemma about my profile because i hear a lot of people say it isnt strong enough for a good B school or that I may need more experience . As my GMAT is approaching closer , my anxiety is increasing . Would really appreciate your honest word on this .
Gmat Range - I particularly needed an idea as to how much i need to score to get into a decent college . My gmat is on august 6th and I am currently trending on 650 in my Mocks and Gmat Prep CATs . Please consider the range for me as 650-660
Profile - More details into my profile :
Job : Credit analyst ( american express , India , Work ex - 2.5 Years ) It dealt with assessment of risk involved with credit card holders . It was a core analysis job where various aspects of the Card holder are judged and his credibility is derived . So in all the work nature was quite complex and challenging . It is regarded as one of the toughest processes in the company . Regarding promotions and upscaling . I was moved to the top most vertical of the process within 9 months due to strong work and quality consistency . The top most vertical was a specialized unit with very limited people who were mostly very experienced and very selected on the basis of being best in their work .
Leadership and extra co-curricular : Post that within next year I was promoted to a leadership shadow role called as a team captain due to performance and handling of extra co-curricular activities in terms of employee rewards , employee fun and engagement , employee outings , employee growth and development . I was associated with all these groups and held many events on my own . In the leadership role of Team captain , i was given a team of 8 people who were just hired by the company . I led the team to high scores within a period of 3 Months . Though my role as a team captain has only been for 5 months but it certainly was a dynamic learning experience which helped me evolve as an individual and in terms of people management . I quit American express and started to prepare for GMAT
Extra achievements : I have a six sigma course seminar certificate which I attended in one of the statistical institutes in Delhi . I have some best performer certificates at my work place . At college level , I have certificates for event hosting , Participation and merit certificates at university level .
Academic : Graduation was based in core economics . I scored a 1st division which is approx 3.5 GPA . As a student in school , i have a track record of 86-90 percentile . No other volunteer work . I just made donations through our company from my salary each month to charitable organizations .
Career prospects : I am looking for a course which basically assures me a corporate job prospect abroad . I am not sure how good is an MA finance in that regard while i am aware MBA is known for it . However basically I want to on finance as my core even during my MBA and look for opportunities in finance perhaps like investment banker , Venture capitalists , consulting etc .
Hope my info is detailed enough and you could help me out .
Kind regards ,
Prateek .
25 Jul 2014, 06:08
Kudos
Bookmarks
Hey Prateek,
Thanks for posting here and all the information - it's super helpful. So I'll preface this post by saying I have some good news, and some bad. Let's get the bad out of the way first. Because there are some things I like about your profile!
Le Bad News
First off, I'm not sure why people think it's a good idea to quit work and study for the GMAT. That's NEVER a good idea. Ever. So if you're reading this and thinking about doing it, DON'T! Consultants, bankers, and managers the world over take the GMAT while working. "I quit work to focus on the GMAT" is NEVER a good reason. Even if you crush it and get an 800. Which you aren't going to get it seems.
Which brings me to your GMAT - which is definitely isn't stellar. I'm not saying that to rub it in but you need to be aware of this. When the average Asian specific GMAT median at any program is 20 point or so higher than the stated statistic, that's a big deal.
Lastly, your goals - first off, let VC go. You won't be able to place into a VC job very realistically and using that as your story will hurt you. Banking is also going to be super hard based on your GMAT as a proxy for the schools you're likely to get into. Consulting - ok, maybe. But have a good reason why!
Hooray! The Good News!
It seems you've had a fantastic career to date (until you quit...) with a ton of responsibility, analytical rigor, mentoring, leadership, etc. You have an amazing "relative to others" story at Amex that I think touches upon a lot (if not all) of the key themes you want to get across. A couple might be missing but that's ok.
The Road Ahead
You're on the young side, so you can still pick this back up. Take the GMAT - see how you do. In the mean time, FIND A JOB! A better job if you can. You need to have quit Amex for a reason. Also, I'd say wait - apply next year. Applying while unemployed at your age is going to really put a damper on things.
I hope this was helpful and not too depressing (I wasn't trying to be!) - let me know if you have any other questions!
Bhavik
Thanks for posting here and all the information - it's super helpful. So I'll preface this post by saying I have some good news, and some bad. Let's get the bad out of the way first. Because there are some things I like about your profile!
Le Bad News
First off, I'm not sure why people think it's a good idea to quit work and study for the GMAT. That's NEVER a good idea. Ever. So if you're reading this and thinking about doing it, DON'T! Consultants, bankers, and managers the world over take the GMAT while working. "I quit work to focus on the GMAT" is NEVER a good reason. Even if you crush it and get an 800. Which you aren't going to get it seems.
Which brings me to your GMAT - which is definitely isn't stellar. I'm not saying that to rub it in but you need to be aware of this. When the average Asian specific GMAT median at any program is 20 point or so higher than the stated statistic, that's a big deal.
Lastly, your goals - first off, let VC go. You won't be able to place into a VC job very realistically and using that as your story will hurt you. Banking is also going to be super hard based on your GMAT as a proxy for the schools you're likely to get into. Consulting - ok, maybe. But have a good reason why!
Hooray! The Good News!
It seems you've had a fantastic career to date (until you quit...) with a ton of responsibility, analytical rigor, mentoring, leadership, etc. You have an amazing "relative to others" story at Amex that I think touches upon a lot (if not all) of the key themes you want to get across. A couple might be missing but that's ok.
The Road Ahead
You're on the young side, so you can still pick this back up. Take the GMAT - see how you do. In the mean time, FIND A JOB! A better job if you can. You need to have quit Amex for a reason. Also, I'd say wait - apply next year. Applying while unemployed at your age is going to really put a damper on things.
I hope this was helpful and not too depressing (I wasn't trying to be!) - let me know if you have any other questions!
Bhavik
25 Jul 2014, 06:33
Kudos
Bookmarks
Hi Bhavik ,
Firstly I appreciate you taking out time and putting in so much effort for such an elaborate reply . I completely respect your being straight forward as at the moment I need blunt honest opinions from people who are in the field and in the market .
Secondly , Well I agree that " quit to prepare for GMAT '' is going to be a tough question to answer . However I plan to get something out of this time to add value to my qualifications and make this time more then just GMAT prep . Being honest , my role required me to stay in office for 14-15 hours with Night shifts , managing GMAT study with that was challenging and being out of touch with studies for long I realized i needed to focus just on studies , however I don't deny that it is possible managing it with work and people around the globe do it .
I appreciate your response and will give your each point a thought . I however had some more query on a Masters in finance Vs an MBA . My question is does the GMAT score average for a good B school differ for these courses . Secondly , in terms of Just plain job prospects ( keeping aside the field and sector ) is Masters in finance a good course , i off-course agree that MBA might have more prospects but just rating masters in finance in terms of getting a job in US . Thirdly , I am giving my first attempt as on august , I may well jump 700 in this attempt or in the next one , my restriction of 650-660 was just to get an idea of the worst picture with such a GMAT score because I know people doing Masters in finance from US at 600 score basis just good profile and work Ex , however yes they may not necessarily be in the TOP 30 colleges .
I liked your Happy news section ! and yes will surely reason over the questions you raised .
Hope to hear from you soon .
Best ,
Prateek .
Firstly I appreciate you taking out time and putting in so much effort for such an elaborate reply . I completely respect your being straight forward as at the moment I need blunt honest opinions from people who are in the field and in the market .
Secondly , Well I agree that " quit to prepare for GMAT '' is going to be a tough question to answer . However I plan to get something out of this time to add value to my qualifications and make this time more then just GMAT prep . Being honest , my role required me to stay in office for 14-15 hours with Night shifts , managing GMAT study with that was challenging and being out of touch with studies for long I realized i needed to focus just on studies , however I don't deny that it is possible managing it with work and people around the globe do it .
I appreciate your response and will give your each point a thought . I however had some more query on a Masters in finance Vs an MBA . My question is does the GMAT score average for a good B school differ for these courses . Secondly , in terms of Just plain job prospects ( keeping aside the field and sector ) is Masters in finance a good course , i off-course agree that MBA might have more prospects but just rating masters in finance in terms of getting a job in US . Thirdly , I am giving my first attempt as on august , I may well jump 700 in this attempt or in the next one , my restriction of 650-660 was just to get an idea of the worst picture with such a GMAT score because I know people doing Masters in finance from US at 600 score basis just good profile and work Ex , however yes they may not necessarily be in the TOP 30 colleges .
I liked your Happy news section ! and yes will surely reason over the questions you raised .
Hope to hear from you soon .
Best ,
Prateek .
