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30 Nov 2020, 00:32
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Hi All!
I’m an Indian male and have scored 710 (Q49/V36) in the GMAT.
I’m currently working as a management consultant at Deloitte since 1.5 years, and have worked for a year at my family business after graduating. Have also worked at the business throughout my last 3 years at college.
Have a dual degree in engineering and management with a GPA of 3.04.
I have volunteered regularly while in college and currently volunteering at a child support NGO since last year.
I plan to apply for fall 2021 and my target schools are - Fuqua, Oxford, HEC, Darden, Ross, Anderson, Stern and LBS.
Wanted advice on programs I have a realistic shot at (would be glad to hear on other uni’s too)
Thanks!
Posted from my mobile device
I’m an Indian male and have scored 710 (Q49/V36) in the GMAT.
I’m currently working as a management consultant at Deloitte since 1.5 years, and have worked for a year at my family business after graduating. Have also worked at the business throughout my last 3 years at college.
Have a dual degree in engineering and management with a GPA of 3.04.
I have volunteered regularly while in college and currently volunteering at a child support NGO since last year.
I plan to apply for fall 2021 and my target schools are - Fuqua, Oxford, HEC, Darden, Ross, Anderson, Stern and LBS.
Wanted advice on programs I have a realistic shot at (would be glad to hear on other uni’s too)
Thanks!
Posted from my mobile device
30 Nov 2020, 14:22
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Hi AyushKadam,
Thank you for your post. Here are a few thoughts that I hope you find helpful:
GMAT SCORES & CLASS PROFILES
As we consider schools and GMAT scores, it's always important to keep class profile data and applicant pool context in mind. Programs ranked in the U.S. T10-15 (or European programs on par with or even more difficult than those) will typically boast average GMAT scores somewhere in the 710 (e.g., Fuqua's median) to 720 (e.g., Stern's median) range. When applying from a very crowded and competitive applicant pool, you will want (really "need") your GMAT score to be meaningfully above these averages. Opinions on exactly how much above the averages you should aim to go can vary a bit, but I would say that targeting 30+ points above a school's average (with a de facto minimum target of perhaps 740) is a good start.
Beyond mere observation, we have seen data from one representative program in the U.S. T10-15 range indicate that while its middle 80% GMAT range (10th percentile to 90th percentile) for all students in its class was typically around 670/680 to 750, the middle 80% range for its cohort of Indian students was 730 to 780. That furthers the point that a 710 would unfortunately put these programs out of reach, and that you'd really want to target 30+ points above this program's average simply to neutralize the GMAT. (Or shift your school strategy / expectations down in the rankings to where your 710 is meaningfully above the average for programs that you target.)
MBA ADMISSIONS CHANCES FOR INDIAN APPLICANTS: TOP 50 ANALYSIS
I say "neutralize the GMAT" because even with a 750, getting into the T15 is difficult and requires a lot of differentiation through your applications, resume, essays, recommendations, and interview. The GMAT is obviously only piece of the application puzzle (and I generally caution applicants against considering it in a vacuum), but here again we can look at some data for direction. In reviewing the results from 5,000+ Indian applicants a couple of years ago, GMAT Club found that those with a 740 or 750 GMAT had a 27% interview invite rate and only an 11% acceptance rate across the entirety of the U.S. T20. With a 710 GMAT, the acceptance rate was only 2%. So boosting your score is critical, but you still have to win the application battle after that. Here is the link to the study: https://gmatclub.com/forum/mba-admissio ... 39142.html
WORK EXPERIENCE
With only 1.5 years at Deloitte under your right now (and even if you had one year of experience before that at your family business), you would almost certainly be better off gaining more experience (perhaps a promotion), elevating your title / responsibilities / impact at Deloitte, elevating your GMAT score, and mobilizing to apply early in 2021 for potential enrollment in 2022 (or applying in 2022 for potential enrollment in 2023). Management consulting at Deloitte is very solid pre-MBA experience, but right now, you would be competing for spots at these programs against a lot of Indian Big Four consulting applicants with one or two more years of experience, more project experience, an extra promotion, and certainly 740/750+ GMAT scores.
The average full-time, post-college work experience at most U.S. programs is around 5.0 years, and that figure can trend even a little higher among European programs. (The data also suggest that Indian applicants tend to fare a little better with a little more experience.) The time spent working part-time for the family business during college may have given you some interesting skills and experience, but it would not count toward this total, and really I'd rather see you bolster the Deloitte experience by applying in 2021 (with 2.5 years of Deloitte experience to enroll with 3.5) or even 2022 (with 3.5 years of Deloitte experience to enroll with 4.5). If I had to pick between the two and the goal was to maximize chances of getting in and school upside, I would probably say that applying in 2022 would be a little better.
APPLYING EARLY VERSUS PLAYING FROM BEHIND
Finally, if you are only just scratching the surface now in terms of sizing up schools and where you might have a chance, it strikes me as unlikely that you'd be able to build a proper school strategy, get to know these programs on a deep and meaningful level (by attending virtual events and speaking with current students and alumni who share your background or interests... which is often overlooked but super important), and developing the type of resume, essays, recommendations, and applications that would give you a chance in Round 2. Combined with the reasons described above, I would rather see you elevate your score and launch a proper strategy over the course of 2021 or 2022 and then apply early on in schools' processes (e.g., Early Rounds or Round 1), rather than rushing applications through in the final weeks of 2020 to apply in Round 2 of what's been a very competitive application year.
Hope this helps!
Best Regards,
Greg
Thank you for your post. Here are a few thoughts that I hope you find helpful:
GMAT SCORES & CLASS PROFILES
As we consider schools and GMAT scores, it's always important to keep class profile data and applicant pool context in mind. Programs ranked in the U.S. T10-15 (or European programs on par with or even more difficult than those) will typically boast average GMAT scores somewhere in the 710 (e.g., Fuqua's median) to 720 (e.g., Stern's median) range. When applying from a very crowded and competitive applicant pool, you will want (really "need") your GMAT score to be meaningfully above these averages. Opinions on exactly how much above the averages you should aim to go can vary a bit, but I would say that targeting 30+ points above a school's average (with a de facto minimum target of perhaps 740) is a good start.
Beyond mere observation, we have seen data from one representative program in the U.S. T10-15 range indicate that while its middle 80% GMAT range (10th percentile to 90th percentile) for all students in its class was typically around 670/680 to 750, the middle 80% range for its cohort of Indian students was 730 to 780. That furthers the point that a 710 would unfortunately put these programs out of reach, and that you'd really want to target 30+ points above this program's average simply to neutralize the GMAT. (Or shift your school strategy / expectations down in the rankings to where your 710 is meaningfully above the average for programs that you target.)
MBA ADMISSIONS CHANCES FOR INDIAN APPLICANTS: TOP 50 ANALYSIS
I say "neutralize the GMAT" because even with a 750, getting into the T15 is difficult and requires a lot of differentiation through your applications, resume, essays, recommendations, and interview. The GMAT is obviously only piece of the application puzzle (and I generally caution applicants against considering it in a vacuum), but here again we can look at some data for direction. In reviewing the results from 5,000+ Indian applicants a couple of years ago, GMAT Club found that those with a 740 or 750 GMAT had a 27% interview invite rate and only an 11% acceptance rate across the entirety of the U.S. T20. With a 710 GMAT, the acceptance rate was only 2%. So boosting your score is critical, but you still have to win the application battle after that. Here is the link to the study: https://gmatclub.com/forum/mba-admissio ... 39142.html
WORK EXPERIENCE
With only 1.5 years at Deloitte under your right now (and even if you had one year of experience before that at your family business), you would almost certainly be better off gaining more experience (perhaps a promotion), elevating your title / responsibilities / impact at Deloitte, elevating your GMAT score, and mobilizing to apply early in 2021 for potential enrollment in 2022 (or applying in 2022 for potential enrollment in 2023). Management consulting at Deloitte is very solid pre-MBA experience, but right now, you would be competing for spots at these programs against a lot of Indian Big Four consulting applicants with one or two more years of experience, more project experience, an extra promotion, and certainly 740/750+ GMAT scores.
The average full-time, post-college work experience at most U.S. programs is around 5.0 years, and that figure can trend even a little higher among European programs. (The data also suggest that Indian applicants tend to fare a little better with a little more experience.) The time spent working part-time for the family business during college may have given you some interesting skills and experience, but it would not count toward this total, and really I'd rather see you bolster the Deloitte experience by applying in 2021 (with 2.5 years of Deloitte experience to enroll with 3.5) or even 2022 (with 3.5 years of Deloitte experience to enroll with 4.5). If I had to pick between the two and the goal was to maximize chances of getting in and school upside, I would probably say that applying in 2022 would be a little better.
APPLYING EARLY VERSUS PLAYING FROM BEHIND
Finally, if you are only just scratching the surface now in terms of sizing up schools and where you might have a chance, it strikes me as unlikely that you'd be able to build a proper school strategy, get to know these programs on a deep and meaningful level (by attending virtual events and speaking with current students and alumni who share your background or interests... which is often overlooked but super important), and developing the type of resume, essays, recommendations, and applications that would give you a chance in Round 2. Combined with the reasons described above, I would rather see you elevate your score and launch a proper strategy over the course of 2021 or 2022 and then apply early on in schools' processes (e.g., Early Rounds or Round 1), rather than rushing applications through in the final weeks of 2020 to apply in Round 2 of what's been a very competitive application year.
Hope this helps!
Best Regards,
Greg
