Hi there, please have a look at my profile & suggestions are more than welcome
, It's gonna be long one so bear with me please..My profile:
Personal details: Single Indian Male, 29- Even getting a graduation (after 10+2) in science was a daunting task for me given my family background (absolutely nobody to guide and scarcity of money for even daily necessities made life more than wretched). It was only after I got into IIT Bombay for Masters that I could get loans for Banks and continue my studies without bothering my parents and thereafter things changed (at least financial misery was a day of past!) Thanks to IIT brand value (and off course my little hard work ). I do not know for sure if it helps to give one's family background in so detail but I feel given all the odds if some one has been able to show toughness then one should be getting extra points for that.. no ? any thoughts,i do not know just asked what goes ..?Academics:
A) Master of Science in Applied Statistics & Informatics From IIT Bombay (Top college of India, Statistics shows getting into IIT's & more so in IIT Bombay is more tougher than even HBS!) - 2007 pass out with a CGPI of 7.8 out of 10.(Applied Maths & Stats as Major)
B) Bachelor of Science- From a deemed university- 2003 pass out with 78% in all 3 years (Stats, Maths as major)
C) 10th (1998 pass out) and 12th (2000 pass out) Standard from regional State Board in science stream with about 63% in both the the exams.
D) GMAT1: 680 (Q 49, V34), 4.5 AWA & GMAT2: 730
(Q 49, V41), 5.0 AWAWork Experience:
Fro fall 2013 apps by then I would have 6+ years of work experience- Worked for Citi Bank operation (2+ years), HDFC Bank (India, for 1+ years ), and Genpact (about 2 years or so).will have to join some other organization in 2-3 weeks
Industry - Majorly in the consumer finance business (retail & wholesale- Cards, PL) and to a some extent mortgages with major Banks across globe.Roles/Job responsibilities -
Started my career as an statistical analyst and now my role involves training people on best model development practices along with consulting my clients on best possible solutions (be it Statistical models or decision trees, in all 2 role progress).
Through all the while in @ 5+ years I have been churning out Statistical models- End to end from project scoping to implementation phase for Risk, Marketing functions (at different stages of the customer life cycle such as Acquisition, Portfolio management- CLI, CLD, Recovery etc...) in order to help Banks prioritize efforts to tweak/improve the current strategies. I undertook some segmentation projects as well for marketing purposes. So to sum it up I am part of a very critical function to Banks in order to make them better (not so better for customers though- you would have seen credit score goes down, credit line decreases or some offers to you - give credit to folks like me! ) strategies and being competitive at the market place.
One more point about the Nature of the work- I have been fortunate enough to work for different markets of the globe- from Emea (Romania), Asia Pacific (India, Singapore) to United States. I find it pertinent to mention this as I think different market places pose although similar problems but solutions (in my case models, trees) were need to be developed differently altogether. Working with people of different corners of the globe has been full of fun and challenges (cultural & work timing differences).Extra-curricular:
Nothing sexy here but still- I am kind of person who loves everything under the sun . That said I have keen interest in social service (I do it every year since I got job in 2007 though not in an organized way) and have started ground work towards building a trust to help deprived students from remote areas of the country (most likely in terms of scholarship based on some exams) to study. I plan to so more- as full time @50's not only in education but in healthcare and social welfare. Good at administrative things- We organized maths Olympiad after 4 years of continuous gap for class 6 to graduate level at IIT Bombay. I played a pivotal role in organizing funds (a good reason why it has not been happening for so many years) for the event as I was maths association treasury at IIT Bombay.
I am an avid reader of wide verity of subjects ranging from social sciences, philosophies to life sciences. Yog, trekking, traveling, and photography to name a few other activities I enjoy and do.
Languages: Apart from English, I am fluent in Hindi (Mother tongue), Bhojpuri. I can understand Bengali, Urdu, and Panjabi and trying to learn some of the south Indian languages.MBA goals:
broadly I am looking for following but not restricted to this only -
A) A short term goal, apart from advance in my current roles / responsibilities and/or pay, idea is to go to go into strategy consulting. I enjoy and passionate in the area of competitive strategy (works of Michael Porter @Harvard). For now you can say I am the workhorse & mostly into all the minute details of the ground work, going forward I would be more interested in Strategy & policy related matters at a broad level for the business.
to me it feels like a good way break into the top decision making bodies of the business given my experience mainly at mostly grounded level. I am interested in the social service & have had few opportunity to mentor few kids for a better career & certainly would like to enlarge my work in that space and eventually in the long run (15+ yrs) I would like to go into politics. Does this all add up well?
B) An MBA would increase my marketability and to a some extent job security with my perspective employer or within the industry?
C) In long term I eventually plan to start my own business- a good MBA program will provide me a learning platform applicable to running my own business and will definitely provide good networking opportunities, which will come handy.Quick Q's
1a: where does my overall profiles stand ? esp. for Ivy's + Insead + ISB ..
1b: My area of interest is mainly 1-Strategy, 2-Consulting & most likely (in prob sense >90%) I am going into the same field of retail/wholesale banking risk management (cpg is another option given it's growth potential in APAC/emerging mkts). I would be more willing to work in APAC region compared to US after my MBA. Now given all this constraints/priorities what would be better places/schools to aim for ? Also financial constraints are a big headache for me (any scope of scholarship at Ivy's ?).
2:Due to some issues at my current job, I left the job & I'll be joining some other place (undecided as yet) by Sept last week- given this I have abt 2 months of job gap, could it be -ve point in over all set up? and reg recos- my previous manager (from the last org) would be the best person to write on my credentials ? since I just left the org, would be it all right to include the previous manager's reco ?
3: Given above points, please suggest even shorter group of schools ? also since R1 is approaching fast I am not sure if I'll be able to write essays required with in R1 deadlines, how do I prioritize my apps?
Cost of pursuing my MBA would also have a good weight in my decision to join a school (except for Harvard!), so please keep that in my mind while suggesting a school.
Though I have tried to write with utmost care but if you feel something is not clear please let me know. I hope I have given the reasonable enough information about my profile for you to give a suggestion. Hope to hear from you.
My GMAT Journey 540->680->730!
~ When the going gets tough, the Tough gets going!