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22 Feb 2021, 15:59
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Dear GMAT Club Community,
I am writing to you on behalf of myself, regarding whether or not I should undergo the GMAT test and a MSc degree.
I am 19 years old, and recently graduated with a BSc degree in Finance/Business Administration at BI Norwegian Business School. My cumulative GPA from my Bachelor's degree
is A blank (4.00/4.00). If you are wondering why I have a BSc degree at such a young age, the answer is that I took 180 ECTS points (which corresponds to 3-year bachelor's course) in only one year.
During my undergraduate studies, I worked as as an investment banking intern for the biggest bank in Norway, and also as a junior analyst for Kapital (equivalent to Forbes).
Currently, I am a Private Equity intern at Blackstone Group in London, which is something I did not expect at all.
The problem arises here; although I have a good amount of work experience, I really miss studying. I am probably not gonna need a MSc or a MBA to continue my journey in the finance industry for the time being. On the other side, something inside me tells me that when time surpasses, I will regret not spending the start of my 20s at an academic arena.
Hence, my questions are:
1. Do you have inputs on whether or not I should take the GMAT, and apply for a business school abroad? My work capacity is enormous, so I can easily study a couple of weeks/month to prepare.
2. What business schools (preferably in Europe) have deadline in April?
3. If I choose not to matriculate in a Masters programme in Finance, will I regret it in the future?
I am writing to you on behalf of myself, regarding whether or not I should undergo the GMAT test and a MSc degree.
About myself, my undergraduate degree, extracurricular activities and work experience
I am 19 years old, and recently graduated with a BSc degree in Finance/Business Administration at BI Norwegian Business School. My cumulative GPA from my Bachelor's degree
is A blank (4.00/4.00). If you are wondering why I have a BSc degree at such a young age, the answer is that I took 180 ECTS points (which corresponds to 3-year bachelor's course) in only one year.
During my undergraduate studies, I worked as as an investment banking intern for the biggest bank in Norway, and also as a junior analyst for Kapital (equivalent to Forbes).
Currently, I am a Private Equity intern at Blackstone Group in London, which is something I did not expect at all.
Should I take the GMAT or not?
The problem arises here; although I have a good amount of work experience, I really miss studying. I am probably not gonna need a MSc or a MBA to continue my journey in the finance industry for the time being. On the other side, something inside me tells me that when time surpasses, I will regret not spending the start of my 20s at an academic arena.
Hence, my questions are:
1. Do you have inputs on whether or not I should take the GMAT, and apply for a business school abroad? My work capacity is enormous, so I can easily study a couple of weeks/month to prepare.
2. What business schools (preferably in Europe) have deadline in April?
3. If I choose not to matriculate in a Masters programme in Finance, will I regret it in the future?
22 Feb 2021, 20:14
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Hi CArbitragePM,
The GMAT Score is valid for 5 years, so if you do not expect to apply to School during that timeframe, then studying for (and taking) the GMAT soon would likely be a waste of time, money and effort. From what you describe, you're not even sure if you want or will need a Masters or MBA, so that's ANOTHER issue to consider. You might actually find it useful to define the type of career you want to have - and locate some professionals in your industry who have the type of job(s) that you're interested in. Those professionals might be willing to offer you some advice on how you might best proceed (in terms of whether you should plan to earn an advanced degree or not and the type of non-School-related steps you might want to take in your career going forward).
If you do choose to pursue an advanced degree, then the next step would be to define what specific degree you are interested in; many upper-level MBA Programs expect applicants to have several years of solid Work Experience (with leadership roles) before they apply. Once you've gathered the proper information to help you make these choices, you should post back here (or you can feel free to PM me directly) and we can discuss how you might best plan out your studies.
GMAT assassins aren't born, they're made,
Rich
The GMAT Score is valid for 5 years, so if you do not expect to apply to School during that timeframe, then studying for (and taking) the GMAT soon would likely be a waste of time, money and effort. From what you describe, you're not even sure if you want or will need a Masters or MBA, so that's ANOTHER issue to consider. You might actually find it useful to define the type of career you want to have - and locate some professionals in your industry who have the type of job(s) that you're interested in. Those professionals might be willing to offer you some advice on how you might best proceed (in terms of whether you should plan to earn an advanced degree or not and the type of non-School-related steps you might want to take in your career going forward).
If you do choose to pursue an advanced degree, then the next step would be to define what specific degree you are interested in; many upper-level MBA Programs expect applicants to have several years of solid Work Experience (with leadership roles) before they apply. Once you've gathered the proper information to help you make these choices, you should post back here (or you can feel free to PM me directly) and we can discuss how you might best plan out your studies.
GMAT assassins aren't born, they're made,
Rich
22 Feb 2021, 21:47
Kudos
Bookmarks
EMPOWERgmatRichC
Thanks for the detailed response. I have sent you a PM regarding EMPOWERgmat
