Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2909:00 AM PDT
-10:00 AM PDT
What’s in it for you- Live Profile Evaluation Chat Session with Jenifer Turtschanow, CEO, ARINGO. Come with your details prepared and ARINGO will share insights! Pre-MBA Role/Industry, YOE, Exam Score, C/GPA, ECs Post-MBA Role/ Industry & School List.
Apr 2908:00 PM EDT
-09:00 PM EDT
Join us for a live Ask Me Anything (AMA) session with Juno’s Co-Founder, where we’ll break down everything you need to know about financing your MBA in today’s rapidly changing landscape.
Apr 3010:00 AM EDT
-11:00 AM EDT
Applying to business school from a finance background? Personal MBA Coach is here to help with this quick tips video on how to set yourself apart during the MBA application process!
Apr 3010:00 AM EDT
-10:30 AM EDT
Sia Admissions Founder Susan Berishaj will walk through why reach/target/safety produces the wrong list for many specific profiles, how admissions committees at different programs read the same background differently, and more...
Apr 3012:00 PM EDT
-01:00 PM EDT
Starting at $975 and offering up to $545 of savings, our new Amplify Hourly Packages offer structure and support in certain high-value areas (story development, resume, essays, interviewing) to help get your applications across the finish line.
Apr 3009:00 PM IST
-10:00 PM IST
Thinking about PE/VC? Most consultants are. Few actually make it. Learn how to position your profile, build the right skills, and break into Private Equity & Venture Capital.
May 0108:30 AM EDT
-09:30 AM EDT
Get the inside scoop on what makes Emory’s Goizueta Business School great and how you can present a strong MBA application. Explore the difference between our One-Year MBA and Two-Year MBA programs, talk to our admissions team, and meet students.- May 01
08:30 AM EDT
-09:15 AM EDT
Get the inside scoop on what makes Emory’s Goizueta Business School great, learn how you can present a strong MBA application, and connect with an Admissions Director to get your questions answered. 
May 0108:00 PM PDT
-09:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
May 0301:00 PM IST
-02:00 PM IST
Looking to secure a coveted spot at a top business school? Our team of seasoned MBA admissions consultants, including top B schools alumni and industry leaders, is here to help turn your dreams into reality. Let’s kick-start your journey to success!
18 Sep 2012, 14:38
Kudos
Bookmarks
Hello. I am considering applying to enroll in an MBA program. I am in a pretty unique situation. I would be interested in hearing some of your perspectives. First, assume cost is not an issue (I am enrolled in Income-Based Repayment, so expanding student loan debt is not going to hurt. I have already modeled this). I have 2 primary questions: A) What are my chances at Harvard/Stanford at 2 and 3 years out of school, respectively (details below); and B) What can I expect in terms of exit opportunities and long-term vertical mobility?
Some background on me: I have a J.D. (with a few MBA courses and a focus in transactional/corporate law) with average grades from a top 30 law school. I scored 740 on the GMAT. My undergraduate GPA was a 3.6 at an unimpressive public school. Since I finished law school, I passed the bar, practiced commercial bankruptcy law (Ch11's) for a small firm for about 7 months, took a project at McKinsey as (basically) a contracted associate for 5 months, and now work for a Fortune 50 as a senior analyst in supply chain. I had good summer internships (including an M&A summer attorney position) throughout undergrad and law school (I went straight through, basically). I am pretty sure that I could get good LOR's from a partner at McKinsey and from a VP at my current company. I am a white male, and I think I interview moderately well. I think that those are the most relevant facts about me. I am planning to apply after either 1 year of work at my current job (so, 2 years out of law school; I would have 3 years of experience by the time school started) or 2 years at my current job. What are my chances of getting into either school? I think that, in the case I retested the GMAT after studying again, I would score between 720-770 (I am much better at math and grammar than when I previously took the test). I really do not want to go through that experience again, but would consider it -- how much would a better score help with business school admittance and long-term career prospects?
As for my second question, a big part of my interest in going to business school is to put myself on a good career path. Basically, I want a job with a very good work/life balance, and I would like to earn $130k-$220k (in inflation-adjusted dollars) in ATL/MIA/SD after about 6 more years of work experience (I currently have good hours and earn about $90k after bonus, not counting good benefits, and I earned about double that by the end of my project at McKinsey). Although I would greatly prefer pretty reasonable hours and a slow pay progression throughout, I would be willing to work fairly hard for 3 years if I knew that I could limit myself to 40h/w after that, while still landing as high as possible in that salary range. Do jobs like this exist for MBA-type folks? If so, what are these jobs? Would an MBA with mediocre grades from Harvard/Stanford substantially help me get one of these jobs, or would a degree from one of those schools not offer an upgrade from 2 extra years of work experience and the J.D. that I have already obtained? As far as skills, I am very good with Excel, and I have a good understanding of statistics/economics/accounting/finance, but am certainly not a statistician/economist/accountant/banker. (As a side question -- I think that there is some chance that I could land a permanent associate position at McKinsey; would that substantially help me get one of those jobs?) Tangential opinions and perspectives appreciated, as well. FWIW, I really like my current job and am happy with my earnings for this point in my life, but I am concerned about a lack of long-term vertical mobility. Yes, aspects beyond salary and hours are important to me, but I have liked most teams that I have worked with, and I enjoy a wide spectrum of thought-intensive work.
This was long. Hopefully, it was in the most appropriate forum. Please let me know if I need to clarify anything or provide more info. Thanks!
Some background on me: I have a J.D. (with a few MBA courses and a focus in transactional/corporate law) with average grades from a top 30 law school. I scored 740 on the GMAT. My undergraduate GPA was a 3.6 at an unimpressive public school. Since I finished law school, I passed the bar, practiced commercial bankruptcy law (Ch11's) for a small firm for about 7 months, took a project at McKinsey as (basically) a contracted associate for 5 months, and now work for a Fortune 50 as a senior analyst in supply chain. I had good summer internships (including an M&A summer attorney position) throughout undergrad and law school (I went straight through, basically). I am pretty sure that I could get good LOR's from a partner at McKinsey and from a VP at my current company. I am a white male, and I think I interview moderately well. I think that those are the most relevant facts about me. I am planning to apply after either 1 year of work at my current job (so, 2 years out of law school; I would have 3 years of experience by the time school started) or 2 years at my current job. What are my chances of getting into either school? I think that, in the case I retested the GMAT after studying again, I would score between 720-770 (I am much better at math and grammar than when I previously took the test). I really do not want to go through that experience again, but would consider it -- how much would a better score help with business school admittance and long-term career prospects?
As for my second question, a big part of my interest in going to business school is to put myself on a good career path. Basically, I want a job with a very good work/life balance, and I would like to earn $130k-$220k (in inflation-adjusted dollars) in ATL/MIA/SD after about 6 more years of work experience (I currently have good hours and earn about $90k after bonus, not counting good benefits, and I earned about double that by the end of my project at McKinsey). Although I would greatly prefer pretty reasonable hours and a slow pay progression throughout, I would be willing to work fairly hard for 3 years if I knew that I could limit myself to 40h/w after that, while still landing as high as possible in that salary range. Do jobs like this exist for MBA-type folks? If so, what are these jobs? Would an MBA with mediocre grades from Harvard/Stanford substantially help me get one of these jobs, or would a degree from one of those schools not offer an upgrade from 2 extra years of work experience and the J.D. that I have already obtained? As far as skills, I am very good with Excel, and I have a good understanding of statistics/economics/accounting/finance, but am certainly not a statistician/economist/accountant/banker. (As a side question -- I think that there is some chance that I could land a permanent associate position at McKinsey; would that substantially help me get one of those jobs?) Tangential opinions and perspectives appreciated, as well. FWIW, I really like my current job and am happy with my earnings for this point in my life, but I am concerned about a lack of long-term vertical mobility. Yes, aspects beyond salary and hours are important to me, but I have liked most teams that I have worked with, and I enjoy a wide spectrum of thought-intensive work.
This was long. Hopefully, it was in the most appropriate forum. Please let me know if I need to clarify anything or provide more info. Thanks!
24 Sep 2012, 03:08
Kudos
Bookmarks
I have a few points here:
1. Both Harvard and Stanford are happy to take in younger applicants, with 2-3 years of work experience. However, you should have had some great leadership experiences by then.
2. You may want to consider that Stanford is flexible on their core curriculum and you have the option of taking advanced/ accelerated versions of courses you have studied previously during the JD. In HBS, the entire class of 90 moves together on the core curriculum.
3. As you mention about studying & practicing commercial bankruptcy law there are some turnaround and restructuring companies like Alix Partners and Alvarez and Marsal that you may be keen to work with after your MBA, with salaries & bonuses that match MBB types.
4. Working at an MC requires crazy work hours, and this does not appeal to many people. You may want to move into the industry after working a few years in a consulting company. But I think that its too early for you to contemplate the work life balance, when its not bothering your for another 5-6 years atleast. Your ideas on this may change a couple of years down the line.
Namita
https://www.mbadecoder.com
1. Both Harvard and Stanford are happy to take in younger applicants, with 2-3 years of work experience. However, you should have had some great leadership experiences by then.
2. You may want to consider that Stanford is flexible on their core curriculum and you have the option of taking advanced/ accelerated versions of courses you have studied previously during the JD. In HBS, the entire class of 90 moves together on the core curriculum.
3. As you mention about studying & practicing commercial bankruptcy law there are some turnaround and restructuring companies like Alix Partners and Alvarez and Marsal that you may be keen to work with after your MBA, with salaries & bonuses that match MBB types.
4. Working at an MC requires crazy work hours, and this does not appeal to many people. You may want to move into the industry after working a few years in a consulting company. But I think that its too early for you to contemplate the work life balance, when its not bothering your for another 5-6 years atleast. Your ideas on this may change a couple of years down the line.
Namita
https://www.mbadecoder.com
