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
-09:15 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 01
08:30 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 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!
29 Apr 2011, 15:05
Kudos
Bookmarks
Something I asked AlexMBAApply, but I figured it wouldn't hurt to ask you too. At this stage, it seems I don't have a prayer of getting into the schools I really want to. The boards have been very helpful in evaluating the top flight programs, and I think I have very good experiences. But it seems like my age is a huge disadvantage, even though I think I can contribute at a level on par with mid- to top-tier applicants. Admittedly due to the nature of my jobs (heavy travel) and my changing life circumstances, my leadership and community service are not on level. This has really complicated the school selection process a bit.
My questions are thereby related. Am I too old to be even realistically thinking for some of my "Dream Schools"? Could I realistically move into my desired investments / banking-related career paths if I didn't get into a "Dream School"? Are there other weaknesses that I might be overlooking in my profile?
Perhaps I should also add a bit of color to why my experience is as varied as it is. I originally started off at a Big 4 thinking I'd end up a public accountant, but after 3 years I found banking and investments more interesting. But switching to I-banking or investment management from public accounting isn't that easy, so I took a chance with a national banking regulatory agency to better understand the industry. I've since leveraged my experience with that position and finally work for a large I-bank, but in credit analysis rather than as a buy- or sell-side analyst or in investment management. Now I feel I am ready to make the intended switch to I-banking or into a PE firm / hedge fund / mutual fund.
Some more details >>
Nat:
US Citizen, South Asian descent (which I'm guessing qualifies me as "a dime a dozen")
Gender:
Male (same)
Age:
32 in September
Undergrad:
Public Mid Tier (regional state university in Northeast Ohio); GPA 4.0, Finance and Economics double major. Graduated a salutatorian. Lots of leadership experiences here (see below).
Grad:
Private Top Tier (Midwestern Catholic university); GPA 3.64, Master's of Science in Accountancy. Part of a competitive work-study program with a Big 4 firm (fully paid for, hard to get). Some leadership.
GMAT (6 years ago; will take again later this year):
660 (V: 42, Q: 38)
Work Exp:
1. 3 years, staff accountant for a Big 4 firm (during the whole SoX period)
2. 3.5 years, associate bank examiner for a major regulatory agency (during the recent housing crisis)
3. 6 months to present, credit analyst at large multinational investment bank
Certs:
1. CPA / attest (California)
2. Planning on CFA
EC: Lots during undergrad -- president of four clubs (including the umbrella business organization of all clubs), active with community service (actually did a food drive during graduation day), very good rapport with professors / deans / students. More intense grad school -- member of a committee, but otherwise working. Not much since -- first two jobs were travel jobs, so little time for community service; current job is a desk job, so more time. Now -- VP of two positions for local Toastmasters chapter, volunteer 2x/month at the local food bank.
Goals / Potential paths: Investment Banking (Bank M&A), Consulting (Banks), Investment Analysis (Financials), Investment Management / Portfolio Analysis
My school choices were based on:
1. GMAT, BusinessWeek Rankings
2. Personal preference (location, brand, class size)
Here's where I think I am (updated to reflect new info from other posts):
- Dream Schools / Little Chance: Penn/Wharton (#1 choice by far), Stanford, Chicago/Booth, NW/Kellogg, Berkeley/Haas, Columbia, MIT/Sloan
- Reach: Duke/Fuqua, UMich/Ross, UVA/Darden, UCLA/Anderson
- Better Chance: UNC/K-F, NYU/Stern, Notre Dame/Mendoza, USC/Marshall
My guess is that with a very high GMAT score (ie, >700), I at least have a shot at the Dream Schools (however remote) and a better chance at the Reach schools. But even then I may be kidding myself -- so I'm asking if these reconsidered levels for school choices / planned applications is realistic. If you have any thoughts or comments or recommendations, they will be most appreciated.
Thank you so much for your time and help in advance!
My questions are thereby related. Am I too old to be even realistically thinking for some of my "Dream Schools"? Could I realistically move into my desired investments / banking-related career paths if I didn't get into a "Dream School"? Are there other weaknesses that I might be overlooking in my profile?
Perhaps I should also add a bit of color to why my experience is as varied as it is. I originally started off at a Big 4 thinking I'd end up a public accountant, but after 3 years I found banking and investments more interesting. But switching to I-banking or investment management from public accounting isn't that easy, so I took a chance with a national banking regulatory agency to better understand the industry. I've since leveraged my experience with that position and finally work for a large I-bank, but in credit analysis rather than as a buy- or sell-side analyst or in investment management. Now I feel I am ready to make the intended switch to I-banking or into a PE firm / hedge fund / mutual fund.
Some more details >>
Nat:
US Citizen, South Asian descent (which I'm guessing qualifies me as "a dime a dozen")
Gender:
Male (same)
Age:
32 in September
Undergrad:
Public Mid Tier (regional state university in Northeast Ohio); GPA 4.0, Finance and Economics double major. Graduated a salutatorian. Lots of leadership experiences here (see below).
Grad:
Private Top Tier (Midwestern Catholic university); GPA 3.64, Master's of Science in Accountancy. Part of a competitive work-study program with a Big 4 firm (fully paid for, hard to get). Some leadership.
GMAT (6 years ago; will take again later this year):
660 (V: 42, Q: 38)
Work Exp:
1. 3 years, staff accountant for a Big 4 firm (during the whole SoX period)
2. 3.5 years, associate bank examiner for a major regulatory agency (during the recent housing crisis)
3. 6 months to present, credit analyst at large multinational investment bank
Certs:
1. CPA / attest (California)
2. Planning on CFA
EC: Lots during undergrad -- president of four clubs (including the umbrella business organization of all clubs), active with community service (actually did a food drive during graduation day), very good rapport with professors / deans / students. More intense grad school -- member of a committee, but otherwise working. Not much since -- first two jobs were travel jobs, so little time for community service; current job is a desk job, so more time. Now -- VP of two positions for local Toastmasters chapter, volunteer 2x/month at the local food bank.
Goals / Potential paths: Investment Banking (Bank M&A), Consulting (Banks), Investment Analysis (Financials), Investment Management / Portfolio Analysis
My school choices were based on:
1. GMAT, BusinessWeek Rankings
2. Personal preference (location, brand, class size)
Here's where I think I am (updated to reflect new info from other posts):
- Dream Schools / Little Chance: Penn/Wharton (#1 choice by far), Stanford, Chicago/Booth, NW/Kellogg, Berkeley/Haas, Columbia, MIT/Sloan
- Reach: Duke/Fuqua, UMich/Ross, UVA/Darden, UCLA/Anderson
- Better Chance: UNC/K-F, NYU/Stern, Notre Dame/Mendoza, USC/Marshall
My guess is that with a very high GMAT score (ie, >700), I at least have a shot at the Dream Schools (however remote) and a better chance at the Reach schools. But even then I may be kidding myself -- so I'm asking if these reconsidered levels for school choices / planned applications is realistic. If you have any thoughts or comments or recommendations, they will be most appreciated.
Thank you so much for your time and help in advance!
05 May 2011, 04:50
Kudos
Bookmarks
abhattac5
Well, I don't know what Alex told you but in my opinion you do face a few obstacles:
1) your age is an issue, yes. It is less of an issue if you are willing to go to Europe - INSEAD, IMD, etc., but the US programs like to unite a relatively homogeneous group of young professionals in the classroom and release a young workforce to the recruiters.
2) your current role is somewhat a new graduate's position - you worked your tail off to make it into this position, but top grads of top undergrad programs started out as credit analysts, which pits you against 27 year olds with 4 or 5 years of experience in finance. You will have to prove that you are truly an exceptional credit analyst to win that match.
3) In addition to the traditional MBA route, you may want to consider completing the 3 levels of the CFA and networking from within the finance industry to advance instead. It is a slower and more challenging process but it may be the more achievable route for you.
05 May 2011, 06:19
Kudos
Bookmarks
Your advice is much appreciated. Thank you very much!
