Profile Evaluation- Unemployed/Reapplicant
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16 Sep 2011, 12:25
Hi, thanks in advance for your help. I've got a somewhat unique situation. This past spring in March 2011 I quit my job on a hedge fund trading desk after the fund experienced some signficant losses and submitted some somewhat hurried last minute final round applications.
Profile: USA, white male, age 26
Work experience: >3 years at quantitative HF
Area of interest: Finance
Education: 3.4 cumulative GPA (3.7 major) , Business Admin, Top-public university
GMAT: 760
EC's: decent
Rec's and essays: pretty good
Last year:
CBS- April round- int + WL -> rejection
Booth- R3- int + WL -> rejection
Tuck- R4- int -> rejected but encouraged to reapply
Yale- R3- rejected w/o int
During the past six months I've been out of work I've been trying to stay active and round out my candidacy by doing some volunteer work, travelling, and I'm enrolled in two classes.
I'm hoping applying in R1 this year will be a big advantage over R3 last year which ended up being a mistake. I'm wondering if being out of work would completely offset this advantage in your opinion. I really want to avoid being rejected everywhere again this year.
Here's where I'm thinking of applying:
Tuck re-app R1
Yale re-app R1
Booth re-app R1
NYU R1
Cornell R1
To be honest I'm somewhat encouraged by the fact I was waitlisted at Booth and CBS in the past given they knew I had already left my previous firm. Am I crazy to think I have a good shot at the schools above given I'm still not currently working? Would you suggest I focus on some safer schools?