econbound
I'm roughly two years removed from college.
For the first year and a half, I worked at a Big 4 public accounting firm. I'm now working at a small CPA firm, where I actually feel like I am learning more.
I don't plan to stay in public accounting much longer since I don't enjoy what the work entails. Regardless, I plan to apply to B-School either this upcoming September/December or (if I need more work experience) possibly the following September/December. My goal is to get into a top 5 MBA program.
My questions are:
1) How important is having a 'big name' employer on your resume? (I feel what you do is more important than who you work for, do B-Schools see it that way too?)
2) How important is the amount of work experience you have? (I've heard the average is four, but I'm sure it varies from one school to another).
3) Undergraduate college: Does it matter that I went to a non-prestigious 4-year college?
4) Extracurriculars: How important is it to have community service on your resume?
5) Does my industry matter? Maybe I'm just overthinking it but I feel like accounting is seen in a more poor light than economics or engineering.
Hi Econbound,
I will take a dig at your questions:
1. I agree that brand name matters. Be it your undergrad or your employer. That said, your profile other than the stats is also very important. You could be working in the largest of companies but doing uninspiring work there or you may not have got many opportunities to make any substantial impact. A smaller company with an open, entrepreneurial environment may offer you better chances to shine in accordance with your capabilities. So, to cut is short, the quality of your work experience, what you learned, how you progressed - all of these matter.
In your case, I'd focus upon the positives of both the experiences. What did you "learn" at each of the two companies and how did that make you a better professional.
2. Applicants get into business schools with lesser work experience as well- of course the adcomm would look for some outstanding aspects in younger applicants so that they are a fit with the rest of the class.
3. Your undergrad is not something you can change, so work around it- improve other aspects of your profile that will make you desirable to your target schools.
4. I think community service is very important. You definitely don't want to leave that section of your application lacking or blank (a lot of application forms have dedicated sections). Moreover since its voluntary work, it gives you a chance to showcase that you take initiatives even when its not expected of you, as it is in the job.
5. Accounting is a functions, its not an industry. Yes, accounting backgrounds are required in all industries. Anyhow, an MBA can be leveraged to change your function. So don't overthink this.
An MBA application is built upon your strengths. Think positive.