GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 15 Dec 2018, 02:26

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel
Events & Promotions in December
PrevNext
SuMoTuWeThFrSa
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345
Open Detailed Calendar

Profile Evaluation Request - Please and Thank You!

  new topic post reply Update application status  
Author Message
Manager
Manager
User avatar
S
Joined: 06 Sep 2018
Posts: 66
Location: India
Concentration: Finance, Entrepreneurship
GPA: 3.1
WE: Analyst (Investment Banking)
CAT Tests
Profile Evaluation Request - Please and Thank You!  [#permalink]

Show Tags

New post 25 Nov 2018, 22:14
Background: 3 years in Risk Management at a large Investment Bank with considerable brand equity; helped save a cumulative sum of $0.5 billion. 2.5 years founding a FinTech start-up, scaling, growing it into a $3M company that saved investors $1M and selling it for 5x projected revenues.

Extracurriculars: Published writer, Performer in Broadway-style shows, Non-profit co-founder and CFO

Nationality: Indian

Sex: Male

Undergrad school/major: Bachelors of Technology [Engineering; non-Tier1 school]

Age at matriculation: 25

Stats:
GMAT: 760 [Q49 V44]

Undergrad GPA: 66% [~ 3.1/4.0]

MBA Info:
Goal: Early-stage Venture Capital for a few years to work with high-growth tech companies and help them solve problems of scale. FinTech entrepreneurship in the long term. (Already have a sense of what I want to build.)

Applying to: Sloan, Haas, Ross, YSOM, Anderson, Stern (Schools with Entrepreneurship + Finance focus)

Note: I’m aware that undergrad and demographic are my main challenges. Having just sold my start-up, I have a fairly narrow window in which to apply to B-Schools. I don't think I can reapply next year, thus I'm a bit paranoid about my target schools. Do I have a decent shot at being considered? Should I aim lower? Can I afford to aim higher and add another T-10 school such as Tuck?

I've been wrestling with the idea of swapping out NYU for Emory or Georgetown as a safer "safe" school.

Appreciate the help!
mbaMission Admissions Consultant
User avatar
G
Joined: 01 Apr 2015
Posts: 975
Reviews Badge
Re: Profile Evaluation Request - Please and Thank You!  [#permalink]

Show Tags

New post 26 Nov 2018, 18:16
Hi there!
Yes, I agree with your challenges, but your work background is less traditional and impressive, considering the growth of your company. Schools will really value that experience and what you've learned from launching and scaling a venture. Sounds like you have some great ECAs too, especially creative ones that are a bit less traditional too. The GPA will be a challenge, especially within your demographic, but your strong GMAT does help with that.

I think Sloan and Haas are the toughest ones on your list, though they are both excellent fits with your goals so give them a shot. If you must go next year, I lean towards playing it safe and applying to something outside the top 15 (Georgetown, USC, McCombs, Foster, etc.). I don't think and hope you don't need that, but that's what a safety is for! Otherwise, I think if you execute your applications well, and tell interesting stories about your background, you should do well.

Hope this helps and good luck!
Kate

shaarang wrote:
Background: 3 years in Risk Management at a large Investment Bank with considerable brand equity; helped save a cumulative sum of $0.5 billion. 2.5 years founding a FinTech start-up, scaling, growing it into a $3M company that saved investors $1M and selling it for 5x projected revenues.

Extracurriculars: Published writer, Performer in Broadway-style shows, Non-profit co-founder and CFO

Nationality: Indian

Sex: Male

Undergrad school/major: Bachelors of Technology [Engineering; non-Tier1 school]

Age at matriculation: 25

Stats:
GMAT: 760 [Q49 V44]

Undergrad GPA: 66% [~ 3.1/4.0]

MBA Info:
Goal: Early-stage Venture Capital for a few years to work with high-growth tech companies and help them solve problems of scale. FinTech entrepreneurship in the long term. (Already have a sense of what I want to build.)

Applying to: Sloan, Haas, Ross, YSOM, Anderson, Stern (Schools with Entrepreneurship + Finance focus)

Note: I’m aware that undergrad and demographic are my main challenges. Having just sold my start-up, I have a fairly narrow window in which to apply to B-Schools. I don't think I can reapply next year, thus I'm a bit paranoid about my target schools. Do I have a decent shot at being considered? Should I aim lower? Can I afford to aim higher and add another T-10 school such as Tuck?

I've been wrestling with the idea of swapping out NYU for Emory or Georgetown as a safer "safe" school.

Appreciate the help!

_________________

Kate Richardson
mbaMission Senior Consultant and Chicago Booth Alum
http://www.mbamission.com
Read our school insider's guides: http://www.mbamission.com/guides.php?category=insiders
Sign up for a free phone consultation: http://www.mbamission.com/consult.php

Image

Manager
Manager
User avatar
S
Joined: 06 Sep 2018
Posts: 66
Location: India
Concentration: Finance, Entrepreneurship
GPA: 3.1
WE: Analyst (Investment Banking)
CAT Tests
Profile Evaluation Request - Please and Thank You!  [#permalink]

Show Tags

New post 03 Dec 2018, 03:12
Hi mbaMissionKate,

Thank you so much for your response! It's given me some much-needed peace of mind. If I could ask a quick follow up question: I did consider experimenting with T-25 schools such as Olin or USC but the problem is that while they are good schools, they typically are not feeders to the VC industry; this doesn't align with my short-term goal. While ranked lower than others, Stern doesn't seem a safe "safe" school, and schools ranked below it don't align with my goals. What do you suggest I do? I'm struggling to fill my "safe" school spot.
mbaMission Admissions Consultant
User avatar
G
Joined: 01 Apr 2015
Posts: 975
Reviews Badge
Re: Profile Evaluation Request - Please and Thank You!  [#permalink]

Show Tags

New post 03 Dec 2018, 19:45
Hi again, happy to help.

If you're comfortable with the risk, then you don't have to have a safe school.

One thing I probably should have mentioned is that getting a job in VC right out of b-school is less typical and quite challenging, really from any school. It depends a lot on having the right connections, and even at the top schools, it can be hard to go straight to VC. So I think you could look at schools that are in cities with strong start up scenes or tech focus (which is why I thought USC in LA or McCombs in Austin).

You need to be excited about the school and feel it is worth it, so do think carefully about whether you would actually want to attend that school. You might want to read this blog post: https://www.mbamission.com/blog/2014/09 ... ing-point/

Hope this helps!
Kate



shaarang wrote:
Hi mbaMissionKate,

Thank you so much for your response! It's given me some much-needed peace of mind. If I could ask a quick follow up question: I did consider experimenting with T-25 schools such as Olin or USC but the problem is that while they are good schools, they typically are not feeders to the VC industry; this doesn't align with my short-term goal. While ranked lower than others, Stern doesn't seem a safe "safe" school, and schools ranked below it don't align with my goals. What do you suggest I do? I'm struggling to fill my "safe" school spot.

_________________

Kate Richardson
mbaMission Senior Consultant and Chicago Booth Alum
http://www.mbamission.com
Read our school insider's guides: http://www.mbamission.com/guides.php?category=insiders
Sign up for a free phone consultation: http://www.mbamission.com/consult.php

Image

Display posts from previous: Sort by

Profile Evaluation Request - Please and Thank You!

  new topic post reply Update application status  

Moderator: mbaMissionKate



Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.