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Request for Profile Evaluation (Aspiring for the top 7 schools)

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Joined: 27 Oct 2017
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Request for Profile Evaluation (Aspiring for the top 7 schools) [#permalink]

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New post 27 Oct 2017, 06:22
Hello,

Thank you for taking the time out for evaluating my profile. I really appreciate it!
I required your guidance and expertise to help me understand if my profile is good enough for the schools that I'm planning to apply for and if I require more experience. Here's the outline of my profile:

GMAT: 730 (Q49, V41)
Indian/Male/25years
EDUCATION: IIT. Bachelors and Masters in Engineering. GPA: 9.15/10 Class Rank 1. Academic Awards. One international journal paper. One patent.
CMA (Cost and Management Accountant) Level 1 & 2.
WORK EXPERIENCE:
1. Two internships at one of the largest industrial manufacturing company in the world. Increased the production capacity of one facility by 21% translating into around $10 million increase in annual revenue.
2. Co-Founder and CEO of a industrial consulting and technology startup in pre-final year at college. Had multiple fortune 500 companies as clients and a few international clients. Exited/ Transitioned into my next startup after 2 years. (2014-2016)
3. Started a startup support organisation as a side project along with one of my clients from the US who is a multi-millionaire and a successful entrepreneur. After receiving tremendous response and support from the government and other prominent organisations, started working full time as the CEO. Currently we have grown to have one of the largest startup incubator programmes in the eastern part of our country with over 350 startups who have graduated from our programmes. We have been featured in various news and media. Many of our startups have also been featured. I have been invited to speak on Entrepreneurship at over 30 occasions in various cities. I am personally involved in the marketing, strategy and operations. I personally mentor startups guiding them for strategy, marketing and technology. (2016-present)
4. VP Marketing in India for one of the prominent electronics hardware company in the US. I had as part of my first startup helped them (they were our client) in their online branding and presence for their launch in the US. Currently they have sold over $50 million worth of products since their launch. Due to this they decided to have me as part of the team to launch their first line of products in India. Have been able to successfully generate pre-launch traction with pre-order registrations and strategic partnerships with media organisations and other marketing channels. Have been working simultaneously here and also on my startup as my supervisor here is also the co-founder (about whom i have mentioned) of my startup and both companies operate out of the same office. (2016-present)

Extra Curricular:
Have been mentoring students (helping them with solving personal problems, academics and career) since my undergraduate years at college. Started doing so after going through a personal tragedy which I was able to successfully overcome. This is also one of the strongest motivations behind starting my 2nd venture. Have mentored over 300 students personally.
Have been part of a few clubs at college. Secretary at one of the clubs.


I'm planning to apply for the top 7 schools namely: HBS, Stanford, Wharton, Booth, Kellogg, Sloan, Columbia.
I will be able to get a LOR from my co-founder/supervisor.
I am not very sure on how my profile fares as compared to others from my applicant pool. Would be great if you could provide some insights on that.
I have not worked in any of the blue chip companies as part of my full time work experience. Further due to the nature of both of my startups, there was no need for venture funding. I have heard that top schools only care about startups that received venture funding as it's easily verifiable in terms of the credibility. Is this true? If so how do I overcome this issue.
Further, I also wanted to know if it would be better to wait and apply next year so that I can get more experience.
I also wanted to know if it would advisable to write GMAT again to get a better score.

Thank you once again!

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mbaMission Admissions Consultant
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Re: Request for Profile Evaluation (Aspiring for the top 7 schools) [#permalink]

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New post 27 Oct 2017, 10:26
Hello,
Thanks for sharing your profile and story, and a decent amount of detail to help us understand your situation and experience with your startups. Yes you come from a competitive background (Indian males with engineering degrees and solid GMATs :) ), but your extensive entrepreneurial experiences and achievements of course do help you stand out from many of that crowd. Your job in the admissions process is to showcase what makes you who YOU are, professionally, and even personally, and allow the admissions committee to get to know you and assess what you'll bring to the class. If you can do that in a compelling way, I would be hopeful that you'd be considered at a top 7 school. Be sure that the full explanation/story of how things developed is included in your essays/apps, so that the readers can fully understand, as it's possible that the full scenario may not come through on the resume. The impact you've made on individuals as well as other startups is admirable and worth showcasing.

I would not worry much about the fact that you did not need venture funding etc; tell your story and the hows and whys and what you learned from it, and then don't forget the FUTURE-looking part of your story is also important to admissions---i.e. you do need to make the case for why you need the MBA and how it will help with your future goals within most of these apps.

The one part I may not have followed fully was your juggling the VP Marketing role with your startup, in terms of full and part-time etc? So to your q about waiting another year and gaining more experience, it may depend upon that and what you anticipate accomplishing in the coming year. R2 is just over 2 months away, so it may be tough to fit in say 7 apps before then, but you could fit in a couple if you so choose. Re: GMAT, it depends upon whether you feel you left any points on the table and want to give it a shot... I wouldn't say it's critical and would likely be tough to do for R2 this year, but can't argue with sure, higher is always better ;) at these very top schools, so if you did wind up waiting until next year, and wanted to give it a shot 'just in case' that is an option.

If you'd like to send over your resume for a more in-depth discussion, feel free to sign up for a free 30 minute consultation with us at www.mbamission.com/consult. Good luck either way!
_________________

Jen Kedrowski
mbaMission

Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
mbaMission Insiders Guides: http://www.mbamission.com/guides.php?category=insiders
Free Consultation: http://www.mbamission.com/consult.php

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Request for Profile Evaluation (Aspiring for the top 7 schools)

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