Hi
I have just taken my GMAT and TOEFL and need help to apply to the B Schools of my choice. My current job and family responsibilities dont leave me with much time ( I have a 1 year old kid ). Also retaking GMAT dosent seem a likely possibility because i took 2 weeks off for the prep from a scratch this time and it wont be possible again. So need help from you guys on how to go strategize on the applications so that i can secure an admission for Fall 2013. So here goes...
Age: 28
Acads: X - 78%
XII - 76%
Under Grad: Bachelor of Engineering (Computer Sc and Engg) 74%
RGTU Madhya Pradesh
Post Graduation: PGDM K.J. Somaiya Institute of Management
Studies and Research Mumbai (68%)
Have been a a consistant allrounder during my school, college and Post graduation. Have captained and played Soccer at school, district and state level. Active participation in debate and dramatics both during my school and college tenure. Have received ample certificates and recognitions for the same. During my post graduation my summer project was awarded the best summer project of the year in my college and was adjudged as amonst the top 5 summer projects in the country under the best summer project competition by Institute of Management Consultants of India. Subsequently i was offered a pre placement offer by the company for which i worked during my summers.I was the admissions coordinator for Somaiya during the first year.
GMAT Score: 670 (Q 47, V 35, AWA 5.0)
TOEFL Score : Awaited
Work Experience:
Jan 2012 - Present: Employed as a Senior Relationship Manager Energy Practice with Marsh Mc Lennan India. Marsh is the world's largest Insurance Broking and Risk advisory company based out of US. I am responsible for Insurance broking and risk consulting for energy clients (oil and gas) for Marsh India. I Manage Direct Insurance and Reinsurance Placement deals for Onshore and Offshore risks. Managing a team of 3 currently.
Feb 2011- Jan 2012: Business Analyst with iGATE Patni Computer Systems for the Insurance and Healthcare domain. Responsible for Bid Management, Insurance Domain Expertise, Go To Market Strategy Prepration and proposal submission for new business.
March 2008 - Feb 2011: Engaged as a Management Trainee and subsequently as a Assistant Manager and Relationship Manager with Marsh India. Acted as a broking and risk consulting specialist for Indian Multinationals for property / casualty and liability lines of business. Top performer in the team. Was fast tracked for promotions and received 2 consecutive promotions in 3 year and was slated for 3rd just when i left the organization. Responsibilities included contract analysis, due diligence, Insurance Solution structuring and placement in Indian and abroad through Indian and International markets. Managed a team of 2 Assitant Managers under me.
Additional Qualifications:
1) Authorized Insurance Broker (IRDA)
2) Licentiate in General Insurance (Insurance Institute of
India)
3) Certified Hardware Engineer
Some other salient features of my application:
1) Consistent performer and allrounder in School. Was the Head of the student governing body and recipient of various awards both in sports and academice during my school days.
2) Was responsible for new revenue generation of USD 120,000 during my second year with Marsh India and a total contribution of USD 450,000 which was roughly 60% of the team revenue.
3) Cooking and Travel Enthusiast.
Career Goals:
Though i already have an management degree from an Indian School which figures amongst the top 20 B Schools in the country, i have realized that the most important learning for an MBA is global exposure and the real learning happens through interaction and not teaching alone. During my previous MBA i did not have either the global exposure nor was i experienced enough to appreciate the relevancy of the concepts. However my management education allowed me to enter into the arena of financial services which would otherwise not have been possible. Four year's down the line when i look back at the learnings which were imparted i am able to make the connect to certain extent. However i have also realized that constant invigoration of education is an essential element to success. And today at this stage i have the pefect opportunity to blend my experience and learning with various other students from different parts of the world to achieve what i always aimed for, i.e the global exposure with a world class education. Post this MBA i would be looking to make a shift into the Strategy consulting as it would allow me leverage my risk management experience and the cutting edge education and use it appropriately.
My Queries are:
1) I want to apply for the top programs (Top 10 ideally) . However is my GMAT Score a big deterrent. How can i overcome this problem?
2) I was initially in favor of 1 year programs only, however most of these are based on Europe and the current job situation of Europe it not very encouraging. Which 1 year programs should i apply for now?
3) I was evaluating the offerings of various admission consultants, however their costs are prohibitively expensive. The application fees itself is a significant burden on finances. In this situation what would be the best course of action on Essay's and Interview Prepration.
4) What are your views on my profile? I have no geographic constraints in terms of applying, but i just want to be assured that i get a well paying job post my MBA otherwise it defeats the purpose of this entire exercise as i have a decent paying job currently.