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Joined: 05 Jul 2017
Posts: 17
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New post Updated on: 11 Sep 2017, 14:33

Originally posted by champachameli on 10 Jul 2017, 13:24.
Last edited by champachameli on 11 Sep 2017, 14:33, edited 1 time in total.
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Joined: 30 Nov 2009
Posts: 6241
Location: Chicago, IL
Schools: Brown University, Harvard Business School
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New post 21 Jul 2017, 02:35
champachameli wrote:

Thank you for helping us with making decisions. I would be grateful if you could please advise me on my applications. My profile is as follows:

GMAT: 760
GRE: 328
Gender: Female
Age: 27
Citizenship: Indian
Degrees: Bachelors in computer science from an average college in India, Masters in international policy from top 20 US university
GPA: 3.5 ish for both degrees
Work Experience: worked in a business profile with IT consultancy firm in India, after masters currently working as a programmer in non profit organization in the US that works in the government policy space
Extracurriculars: editor of foreign affairs magazine, secretary and vice president of campus clubs, Teach for India (as a volunteer).

I also did a bunch of other things such as being a teaching assistant, research assistant and graduate student researcher.

I am looking for a full ride or at least 75% scholarship for schools in the US. I am also willing to apply outside the US, and am more flexible regarding the $$ amount in that case.

Why MBA? At my current job, I use the programming knowledge from my bachelor's degree and the policy knowledge from my master's degree. I want to continue this journey with an MBA degree with a focus on finance, and use the additional skills I acquire to work in the data space to drive financial decisions of developmental organizations such as the World Bank and IFC. I believe that an MBA degree will be invaluable as it will help me learn key financial analysis skills, banking strategies and the myriad ways of applying economic theories in a practical and tangible setting. This is a career path I have in mind for several years now.

What schools would you think would work best for me? Any suggestion is helpful. Thank you so much for your time.

Hey there,
And great to hear from you.

You have an interesting profile and an interesting career development.
that plus your fantastic GMAT should make you eligible for some very good MBA programs.

Let me start with the beginning: Your expectation of getting at least a 75% scholarship may not be achievable. First of all, scholarships are harder to predict than admittance, and secondly, scholarships that cover that much are rare. But actually, I'm not sure this should be your first criteria. Your first criteria should be to get into the best school you can, because once you do, often enough there will be job offers that will allow you to quickly pay back whatever loans you need to take out to pay tuition.

As someone working in the non-profit field, you have also another interesting option: Some schools offer loan forgiveness for those working in non-profit who make under a certain amount per year (Yale for example, does this).

Next: your goals: Moving from IT to Non-profit to finance makes very little narrative sense. It will be hard to justify in your essays, and will not provide you with the best profile to employers upon graduation. It IS of course possible in reality, but I from a strategic perspective, I would not recommend presenting such goals as they have little basis in your experience. Better would be to work from your current skills and network and knowledge and create a set of short- and long-term goals that is plausible logical and achievable.

Finally for schools, putting aside the scholarship issue momentarily, I think you could apply in the 5-15 range with a good solid story. If you were aiming for scholarships, the strategy is simple - apply to lower-ranked more regional schools that fit your goals. Although if your goal is to be recruited by top finance firms/World Bank, you are far better off paying the full tuition and going to a Top 10 school.

I hope this helps.

If you have any follow-up questions, do not hesitate to write.

Jon Frank
Founder, Admissionado


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