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Thinking about PE/VC? Most consultants are. Few actually make it. Learn how to position your profile, build the right skills, and break into Private Equity & Venture Capital.
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CanCanuck90
Posts: 7
30 Aug 2017, 10:48
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Applying 2018 and/or 2019.
Work experience: 3.5 years. Office manager is official title. No name Construction equipment company. Have grown from 1M annual sales and 3 employees to 4M annual sales and 10 employees. 60% CAGR. No official promotions but received 8-10% annual pay raises with very favorable reviews. No where to go in terms of promotions...
Going to ask to have titles amended to show progression from inventory control to office manager and finally operations manager but not a sure thing owner will bite. My duties definitely align with this last title much closer in my opinion.
LOR would be from owner and likely a professor or two from undergrad.
Responsible for: supply chain management, competitive pricing analysis, general market research, purchasing 500K budget, order management, invoicing and logistics, inventory management, reorder point analysis, EOC, inside sales, general accounting, report construction and report analysis through Sage50 and Excel. Helped build inventory ordering macro to automate. Facility layout. Outside sales and marketing support, designing and implementing the social media plan, recruiting, interviewing and hiring in conjunction with the owner. Oversee 3 of 10 employees and mentor interns (4 total).
Extra curriculars: VP of finance for student union, admissions recruitment volunteering, Financial website writer over 250,000 unique views, founded and ran investment meet up in GTA for 1.5 years with 40+ members.
Undergrad school/major: BBA, Canadian Uni with 4.0 GPA
Other education/coursework: CFA L2 Candidate, CPA Candidate.
Minority: No
Age: 26
Sex: M
• GMAT Score: 730 (Q49)(41) AWA 5.0
• Goal of MBA: Career transition to consulting for economic dev policy in developing world, strategic business consulting for medium to large enterprises or IB/PE with M&A focus. Develop additional skills, broaden and diversify peer network. Don't enjoy my job or industry. I will craft a much better story, any direction recommendations?
Reach: Yale, Haas, Tuck
Target: Fuqua, Darden, Anderson, Johnson, Rotman (Canadian)
Fall back: Schulich (Canadian)
Will my small business work experience hurt? It seems to be the weakest aspect of the application to me. Also should I forgot the goal written and focus on something that builds a more coherent story like construction consulting, general management F500 construction etc. Finally can you highlight pros and cons and what I should be highlighting to adcoms.
Thanks
Work experience: 3.5 years. Office manager is official title. No name Construction equipment company. Have grown from 1M annual sales and 3 employees to 4M annual sales and 10 employees. 60% CAGR. No official promotions but received 8-10% annual pay raises with very favorable reviews. No where to go in terms of promotions...
Going to ask to have titles amended to show progression from inventory control to office manager and finally operations manager but not a sure thing owner will bite. My duties definitely align with this last title much closer in my opinion.
LOR would be from owner and likely a professor or two from undergrad.
Responsible for: supply chain management, competitive pricing analysis, general market research, purchasing 500K budget, order management, invoicing and logistics, inventory management, reorder point analysis, EOC, inside sales, general accounting, report construction and report analysis through Sage50 and Excel. Helped build inventory ordering macro to automate. Facility layout. Outside sales and marketing support, designing and implementing the social media plan, recruiting, interviewing and hiring in conjunction with the owner. Oversee 3 of 10 employees and mentor interns (4 total).
Extra curriculars: VP of finance for student union, admissions recruitment volunteering, Financial website writer over 250,000 unique views, founded and ran investment meet up in GTA for 1.5 years with 40+ members.
Undergrad school/major: BBA, Canadian Uni with 4.0 GPA
Other education/coursework: CFA L2 Candidate, CPA Candidate.
Minority: No
Age: 26
Sex: M
• GMAT Score: 730 (Q49)(41) AWA 5.0
• Goal of MBA: Career transition to consulting for economic dev policy in developing world, strategic business consulting for medium to large enterprises or IB/PE with M&A focus. Develop additional skills, broaden and diversify peer network. Don't enjoy my job or industry. I will craft a much better story, any direction recommendations?
Reach: Yale, Haas, Tuck
Target: Fuqua, Darden, Anderson, Johnson, Rotman (Canadian)
Fall back: Schulich (Canadian)
Will my small business work experience hurt? It seems to be the weakest aspect of the application to me. Also should I forgot the goal written and focus on something that builds a more coherent story like construction consulting, general management F500 construction etc. Finally can you highlight pros and cons and what I should be highlighting to adcoms.
Thanks
30 Aug 2017, 19:48
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Bookmarks
Hi there!
First, on timing -- I would go ahead and apply in 2018. I don't see a strong reason to wait since you've got strong GMAT/GPA stats and advancement is tough in your current role.
Next, I would definitely push for at least a title change. It sounds like you are doing WAY more than what your title implies. I don't think your small business experience will hurt you, but it does present a challenge in that your experience and progression will look quite different from a typical applicant. But I'd focus on the positives, like the fact that you've had a chance to manage people, have been a part of a growing company, and have had the chance to wear a lot of different hats.
You will definitely need to pick a focus area for your career goals. I don't think you need to say something construction related...if your heart's not in it, that will be tough to "sell" in your essays. Plus, plenty of people use the MBA to change careers / industries. Of the options you mentioned, the PE route seems toughest (you really need to do IB first). I think IB is plausible, if you play up the CFA and investing experience outside work. The strategic business consulting also seems very plausible, it's a popular post-MBA field, and will make good use of many of the project management and problem solving skills you've built. I'm not sure about the economic dev policy angle, I don't see a strong connection between that and your experience, but maybe I'm missing something. That also seems like a pretty niche area of consulting. As you research further, check out our free career primers: https://shop.mbamission.com/collections/career-primers
I think you have a good list of schools, with a range of options. If a school like Tuck is a top choice, plan ahead and apply in their early action round!
One last thought -- it's not typical for undergrad professors to write MBA recommendations -- schools usually like to see professional ones. Is there anyone else at your company who could write one? Even someone that's at more of a peer level, or an outside vendor/supplier?
Best of luck!
Kate
First, on timing -- I would go ahead and apply in 2018. I don't see a strong reason to wait since you've got strong GMAT/GPA stats and advancement is tough in your current role.
Next, I would definitely push for at least a title change. It sounds like you are doing WAY more than what your title implies. I don't think your small business experience will hurt you, but it does present a challenge in that your experience and progression will look quite different from a typical applicant. But I'd focus on the positives, like the fact that you've had a chance to manage people, have been a part of a growing company, and have had the chance to wear a lot of different hats.
You will definitely need to pick a focus area for your career goals. I don't think you need to say something construction related...if your heart's not in it, that will be tough to "sell" in your essays. Plus, plenty of people use the MBA to change careers / industries. Of the options you mentioned, the PE route seems toughest (you really need to do IB first). I think IB is plausible, if you play up the CFA and investing experience outside work. The strategic business consulting also seems very plausible, it's a popular post-MBA field, and will make good use of many of the project management and problem solving skills you've built. I'm not sure about the economic dev policy angle, I don't see a strong connection between that and your experience, but maybe I'm missing something. That also seems like a pretty niche area of consulting. As you research further, check out our free career primers: https://shop.mbamission.com/collections/career-primers
I think you have a good list of schools, with a range of options. If a school like Tuck is a top choice, plan ahead and apply in their early action round!
One last thought -- it's not typical for undergrad professors to write MBA recommendations -- schools usually like to see professional ones. Is there anyone else at your company who could write one? Even someone that's at more of a peer level, or an outside vendor/supplier?
Best of luck!
Kate
CanCanuck90
CanCanuck90
01 Sep 2017, 08:19
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Bookmarks
Thank you very much. I will focus in on strategic business consulting with a supply chain focus as it makes a more coherent story. I can ask a peer to write a recommendation as well.
Any other tips?
Sent from my iPhone using GMAT Club Forum
Any other tips?
Sent from my iPhone using GMAT Club Forum
