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Some advice

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Current Student
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Joined: 26 May 2005
Posts: 554

Kudos [?]: 243 [0], given: 13

Some advice [#permalink]

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New post 29 Dec 2008, 22:35
Hi All,

I am indian CA and working in top I banks for last 5 years.. I have ~ 8 yrs of experience in treasuty , forex and I banking. I wanna move into PE/VC as my ST goal and long term is to start a fund in India.I have these goals in my essays... I have done enough research and know tht its very difficult to get into these niche fileds without prior experience... though i know few who have done it from H/S/W as well...

Do u guys think, stating these in an MBA goal essays would make adcoms feel i havent done enough research or probably unrealistic goals?

regds

S

Kudos [?]: 243 [0], given: 13

Manager
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Joined: 30 Oct 2008
Posts: 57

Kudos [?]: 2 [0], given: 0

Schools: MIT Sloan
Re: Some advice [#permalink]

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New post 29 Dec 2008, 23:00
I think you're on the right track, but it would be better to also elaborate on why (a particular) MBA programme, including courses which would help fill your knowledge gaps, clubs/activities to build the relevant networks, etc. I think for some schools (eg Stanford) a strong sense of purpose and self-awareness is something they look out for, so do try to touch on the motivations for your post-MBA goals. Maybe mention a few of the types of VC/PE companies which you are targeting eg,"Post MBA, I would like to start as an analyst in XYZ fund to acquire the necessary skills in (explain what areas here), before eventually starting a fund in India."

You get the idea :)

Kudos [?]: 2 [0], given: 0

CEO
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Joined: 17 May 2007
Posts: 2947

Kudos [?]: 674 [0], given: 210

Re: Some advice [#permalink]

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New post 30 Dec 2008, 05:45
sudhir - your problem wont be the research - but it will be the goals themselves. I feel that your LT goal of starting a fund in India will be all too common. Certainly not the distinctive stuff that ad-coms look for. Having said that, I haven't read your essays. So long as you convince them that you have a logical plan and passion for these aims in your stories, you might be ok.


sudhir18n wrote:
Hi All,

I am indian CA and working in top I banks for last 5 years.. I have ~ 8 yrs of experience in treasuty , forex and I banking. I wanna move into PE/VC as my ST goal and long term is to start a fund in India.I have these goals in my essays... I have done enough research and know tht its very difficult to get into these niche fileds without prior experience... though i know few who have done it from H/S/W as well...

Do u guys think, stating these in an MBA goal essays would make adcoms feel i havent done enough research or probably unrealistic goals?

regds

S

Kudos [?]: 674 [0], given: 210

SVP
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Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400

Kudos [?]: 746 [0], given: 548

Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
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Re: Some advice [#permalink]

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New post 30 Dec 2008, 07:36
nj24 wrote:
I think you're on the right track, but it would be better to also elaborate on why (a particular) MBA programme, including courses which would help fill your knowledge gaps..........


I second this recommendation.

To be successful with a bschool "goals" or "purpose" essay:

1) Communicate to the adcoms that you have a specific goal in mind for the near future

2) Must demonstrate why and how a specific MBA program (that you're applying to) can help you achieve that goal. You can't use generic phrases like "Stanford is the best bschool on the west coast. It has long history of blah blah blah...." You have to come up with your own original reason for applying to the school's MBA program.

Remember, if you can connect (1) and (2) in your essay flawlessly, there is a great chance that you will get an interview. (and eventually an admit :-D )
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Kudos [?]: 746 [0], given: 548

Re: Some advice   [#permalink] 30 Dec 2008, 07:36
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