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25 Jun 2011, 22:52
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Hey guys, great forum you have here. First time poster, long time reader. I've already communicated with Paul and I'm soliciting other opinions too.
I'm in the process of selling my small business (website and brick & mortar store) and it's always been a goal of mine to get my MBA. My friends tell me I'm crazy and that my experiences starting & running my business have already earned an honorary MBA, but I'm drawn to the degree for other reasons aside from career progression.
I do believe it's a waste of my time and effort to go to a school outside the top 10, however, as I'm really after the credibility, the network, and the exposure to other smart people. That brings me here...I'm not sure if I'm a candidate for a top program. If I'm not, then perhaps my time & effort would be better spent on starting the next venture.
A brief bio:
Please let me know your opinion. I took the GMAT 15 years ago and got a 680 with no preparation. Although I'm noticeably rusty right now, I think I can do better than that and I'm currently taking a Veritas class.
Thanks for your help.
I'm in the process of selling my small business (website and brick & mortar store) and it's always been a goal of mine to get my MBA. My friends tell me I'm crazy and that my experiences starting & running my business have already earned an honorary MBA, but I'm drawn to the degree for other reasons aside from career progression.
I do believe it's a waste of my time and effort to go to a school outside the top 10, however, as I'm really after the credibility, the network, and the exposure to other smart people. That brings me here...I'm not sure if I'm a candidate for a top program. If I'm not, then perhaps my time & effort would be better spent on starting the next venture.
A brief bio:
- 32 year old white male currently living in Houston
- graduated from Texas Tech University Honors College in 2002 with a degree in MIS (3.5 GPA with an F on the transcript)
- received a few merit based scholarships during undergrad, was very active in student government & other organizations
- studied in London during undergrad
- worked in London/Europe during undergrad
- started my own business immediately upon graduation
- grew business revenue from 0 to 2 million. Employ between 6-12 people depending on the time of year.
- recently started investing in/managing rental homes. Currently have 4 with hopes of 8 by year end.
- started a charity in my deceased sister's name that awards annual scholarships and donates for research
- not extremely active in the community (mainly due to running a business), aside from assisting with a few charity golf tournaments
- climbed mt kilimanjaro and mt mckinley*
- now in the process of selling my retail business after weathering and navigating through multiple business cycles
Please let me know your opinion. I took the GMAT 15 years ago and got a 680 with no preparation. Although I'm noticeably rusty right now, I think I can do better than that and I'm currently taking a Veritas class.
Thanks for your help.
26 Jun 2011, 06:50
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You have the kind of story that many top schools look out for in their candidates. Startup experience is valued by all the business schools and it should also help you to carve out some nice leadership stories in the essays.
There is nothing here that suggest why you CAN NOT target the top 10 schools. However, targeting and getting in are two different things. Your chances of success will depend on how well you execute your applications. Crack the GMAT, get involved in outside work to put some meat on your extracurricular, refine your goals, brainstorm to get the right essays and apply! Good luck
There is nothing here that suggest why you CAN NOT target the top 10 schools. However, targeting and getting in are two different things. Your chances of success will depend on how well you execute your applications. Crack the GMAT, get involved in outside work to put some meat on your extracurricular, refine your goals, brainstorm to get the right essays and apply! Good luck
03 Jul 2011, 09:17
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Thanks bizschool. Most consultants feel there will be some resistance due to my age. While I have no doubt this is true, as it's evident in the published numbers, in your experience is the age issue due to a biased sample (fewer 30+ YO applying to biz school due to kids/mortgage/mid life BS), or is it that most my age have already moved on to successful careers if he/she had the aptitude for a top school?
