Post MBA goals

Question

Career Goals?

I currently work in a traditional investment management arm of a bulge bracket bank.

I want to launch my own fund in the future that democratises access to investment opportunities that are typically reserved for HNI’s and institutional investors I deal with . This is a gap I want to fill. The network at B school will offer me insights and few courses I am keen to take to fill some gaps in my skillset ( behavioural economics, entrepreneurship et al)

My current job has given me the skills but I need to work in a niche firm (very few at the moment ) that are doing this. Think of it as a startup revolutionising investment management

Will B schools see this unrealistic or unviable for internationals as startups don’t sponsor visa ? I’m location indifferent but this is my goal and very clear within 3-5 years post MBA, I want start my own fund.

Are these goals ok on: 1. Employability? 2. Ambition ? 3. Realistic transition from my current role

Thanks in advance for all responses I get!

Posted from my mobile device

Admissionado · Answer

MBAApp19 :

Do not worry about matters like visa issues when it comes to expressing your career goals to an AdCom. They are looking to understand the reasoning and plan of execution for your goals. Matters like work viability are not really within their scope. The assumption is that it'll work itself.

Overall, this goal sounds like it checks the three boxes you mentioned.

Ambition: yes, building a new form to democratize investment opportunities sounds like a "big enough" goal. Of course, it all depends on how you lay it out in your essay, specifically around the scale and size of your company.

Employability: not sure what you mean here. I would assume getting an MBA will help make you more employable. This is the least concerning aspect of a career goals essay.

Realistic Transition: you basically answered that yourself. You noted that your current job has already given you many of the skills you need. Plus, you're coming from the finance sector. I would think this pre-MBA experience coupled with what you will learn and who you will meet during your MBA will more than enough to make a convincing case for achieving this goal.

You have the right bits and pieces. Now get to writing!

PersonalMBACoach · Answer

Hi there MBAApp19 , As mentioned above, I would not worry too much about the logistics of your post-MBA goals from a visa standpoint. That said, schools will want your goals to be attainable from a career pathway standpoint. The best way to think about your MBA goals is to break them down into the short and long term. As valuable as an MBA is, you likely will not be launching your own fund on the first day out of business school. So, do your research and figure out what short-term positions are realistic for you. You can start by looking at career postings from companies in your target industry. Pay close attention to required industry experience, particularly if you are considering changing careers. This will give you a good idea of what role you might be qualified for immediately post-MBA and will allow you to specifically note which position you hope to secure after school. With your attainable role as a launching point, set out an ambitious path and long-term goal for yourself. This long-term goal is your opportunity to dream big and show how you will drive change in your future industry. It should flow logically (though not necessarily obviously) from your short-term goals. Your career path should make sense to the reader and allow you to leverage the skills you will develop during your MBA and throughout your early post-MBA career. Naturally, your goals should articulate passion and share how you will be unique as well. Goal development is a key component of our comprehensive packages and we would be happy to provide further guidance here. Feel free to reach out to scott@personalmbacoach.com to further discuss your application strategy. Best, Personal MBA Coach That said,

MBAApp19 · Answer

Thank you for the guidance !

So if I have done something related to what I want to do and can logically justify it, it should work right ?

Posted from my mobile device

MBAApp19 · Answer

Thank you for the guidance !

So if I have done something related to what I want to do and can logically justify it, it should work right ?

Posted from my mobile device

SodanoStefan · Answer

I think you have good skills and this idea is real, although it involves many risks

MBAApp19 · Answer

Risks like ?

Posted from my mobile device

PersonalMBACoach · Answer

Yes, it should! Since many career goal sections of applications have relatively small word/character counts, you do not need an incredibly long explanation for why you selected this career path. That said, as you provide the context and discuss your future, it should be clear to the reader that you are excited about this profession and will be equipped to pursue it following your MBA. Again, feel free to send a note to scott@personalmbacoach.com to discuss your individual situation in more detail. Fine-tuning your goals is key to success and a focal point of our comprehensive packages . Best, Personal MBA Coach

ARINGO · Answer

In general, a strong career plan is one that brings the candidate to a very successful future, and one that is very likely to happen. The more specific and personal the essay is, the better.

The key to the Career Essay:
Connect most sentences with the future career goals and the industry name.

Most of the sentences should relate to the career goals.
For example: Why School X?
Because Professor X is the world’s best in Y, and I need Y to achieve my goal Z.

Necessary to have:
1. What are the short and long term career goals?
2. If the first step is assured – a VERY clear statement of this fact.
Because some admission readers may skim the essays, you want to make sure this paragraph is very noticeable (make it a separate paragraph), and to mention it twice if possible.

For more tips on writing career goals essays, and for career goals essay examples, please visit: https://www.aringo.com/Career-Goals-Essay/

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