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Apr 2908:00 PM EDT
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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.
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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
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09 Sep 2016, 00:32
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Hi all,
I've recently quit my job and was invited to work on a startup with a friend in Asia. We raised over 100k in VC funding and were about to start but my partner had a family emergency and our investor pulled out because I can't do it alone for reasons I won't go into here.
After graduating from my target school (Duke) with a 3.6 in the hardest engineering at our school, I took a job as a consultant at a small software company that specializes in business software. My role involved traveling to big firms such as GS and KKR and implementing technical solutions that they request. However, I quickly got bored of the job and the people I was around and knew I wanted to leave 2 months in. I stayed for one year in order to keep my signing bonus.
Now, I'm faced with a dilemma. I've always respected the culture and ideas that flow through this website. I know that my aggressive personality belongs in finance and the reason I didn't go straight out of undergrad was because I wanted to do something different and was afraid of the long hours. Now, I'm more confident in myself and am having second thoughts but I'm no longer in undergrad and do not have OCR to help me land a job. I have plenty of friends in IBD and even some in PE but I'm not sure what type of industry I should enter. I interviewed at MBB in my last year but didn't land a single offer from any.
I'd like some advice to help me figure out my options and determine which roles are even feasible for me to enter at this point. If I were to do IBD, wouldn't I be a year behind my peers? I also hold a 750 GMAT so numbers wise, I think I am alright. I graduated in 2015 (last year). In terms of goals, I'd like to work in a high pace field and attend a top business school.
Thanks!!!
I've recently quit my job and was invited to work on a startup with a friend in Asia. We raised over 100k in VC funding and were about to start but my partner had a family emergency and our investor pulled out because I can't do it alone for reasons I won't go into here.
After graduating from my target school (Duke) with a 3.6 in the hardest engineering at our school, I took a job as a consultant at a small software company that specializes in business software. My role involved traveling to big firms such as GS and KKR and implementing technical solutions that they request. However, I quickly got bored of the job and the people I was around and knew I wanted to leave 2 months in. I stayed for one year in order to keep my signing bonus.
Now, I'm faced with a dilemma. I've always respected the culture and ideas that flow through this website. I know that my aggressive personality belongs in finance and the reason I didn't go straight out of undergrad was because I wanted to do something different and was afraid of the long hours. Now, I'm more confident in myself and am having second thoughts but I'm no longer in undergrad and do not have OCR to help me land a job. I have plenty of friends in IBD and even some in PE but I'm not sure what type of industry I should enter. I interviewed at MBB in my last year but didn't land a single offer from any.
I'd like some advice to help me figure out my options and determine which roles are even feasible for me to enter at this point. If I were to do IBD, wouldn't I be a year behind my peers? I also hold a 750 GMAT so numbers wise, I think I am alright. I graduated in 2015 (last year). In terms of goals, I'd like to work in a high pace field and attend a top business school.
Thanks!!!
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Expert reply
09 Sep 2016, 14:21
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sophistikate
Kate,
Thank you for your detailed post and congrats on getting the GMAT out of the way with a great score! It sounds like you would benefit from a more in depth career planning discussion. On the surface, I can say that all of the options you presented would be great paths for pre-MBA, but which is the right path for you really depends on things that are hard to discuss on the forums. I will say that you should not be too concerned with being one year behind at this point. Your career is a long road. Even when considering B school apps, if you start one year late but land in a nice role, you will still have an attractive profile.
Email if you want to discuss your strategy more and how I can help: [email protected]
www.personalmbacoach.com
Best,
Scott
09 Sep 2016, 20:10
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Hi sophisticate,
No doubt, an unfortunate turn of things at the startup. Such upheavals do happen to people at one or the other point in their careers.
Here are my thoughts on the issues you’ve raised:
1. You know that IBD is a rather unforgiving industry in terms of work hours. Meet few of your friends who’re working there, and besides asking about the industry, prospects, good things etc., also ask what are the things they dislike. The obvious one is long hours, but there could be other things as well such as work culture. (I interned in IBD, and culture was the biggest turn-off.) Do it thoroughly this time because you won’t want to have another U-turn. It’s hard to pinpoint an industry that will work for you, but you’ve to match your strengths & weaknesses with the industry, and see where you’ll be more natural
2. I agree with Scott that one year is nothing in the larger scheme of things. Don’t fret over it. I wouldn’t worry even if it’s two years.
3. I don’t know if you’re planning to apply to B-schools this year. Although your workex is on the lower side, I would say go for it if you aren’t finding good job opportunities. You’ll find plenty of opportunities to consider once you’re there in a B-school.
No doubt, an unfortunate turn of things at the startup. Such upheavals do happen to people at one or the other point in their careers.
Here are my thoughts on the issues you’ve raised:
1. You know that IBD is a rather unforgiving industry in terms of work hours. Meet few of your friends who’re working there, and besides asking about the industry, prospects, good things etc., also ask what are the things they dislike. The obvious one is long hours, but there could be other things as well such as work culture. (I interned in IBD, and culture was the biggest turn-off.) Do it thoroughly this time because you won’t want to have another U-turn. It’s hard to pinpoint an industry that will work for you, but you’ve to match your strengths & weaknesses with the industry, and see where you’ll be more natural
2. I agree with Scott that one year is nothing in the larger scheme of things. Don’t fret over it. I wouldn’t worry even if it’s two years.
3. I don’t know if you’re planning to apply to B-schools this year. Although your workex is on the lower side, I would say go for it if you aren’t finding good job opportunities. You’ll find plenty of opportunities to consider once you’re there in a B-school.
