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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!
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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...
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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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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. 
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May 0507:00 PM EDT
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In this live 60-minute masterclass, How to Get Ahead of MBA Recruiting Now, we’ll walk through the four biggest mistakes incoming MBAs make and how to avoid them so you’re not scrambling to catch up once recruiting begins.
02 Feb 2009, 11:34
Kudos
Bookmarks
Hi Alex,
Thanks for all the input both here and on bw. I'm looking to get a little more insight into the strength of my profile. Just for background:
BS: Engineering UCLA (2.6 gpa) - no mitigating factors
MS: Engineering Columbia U (3.3 gpa), part time (while working full time)
GMAT: 740
WE: 5 years medical device (Fortune 200 companies), very good career progression
EC: College: Treasurer rugby team, president of an engineering club, After College: Various volunteer activities (nothing too impressive).
Status: Accepted Darden, Ding w/int Booth, Ding w/o interview UCLA, Haas
I'm looking to move from engineering into finance. Seeing how things will probably be bleak in 2011, I'm exploring the possibility of putting off bschool for a year.
Considering my profile, and its' glaring weakness, would I be a strong candidate to get into an M7/Top 16 school if I were to reapply next year - of course nothing is guaranteed. i.e. Did I beat the odds by getting into Darden and I'd be a fool for trying again next year?
Also, how do schools view reapplicants that have been accepted (i assume that you're burning that bridge by turning them down).
Thanks for all the input both here and on bw. I'm looking to get a little more insight into the strength of my profile. Just for background:
BS: Engineering UCLA (2.6 gpa) - no mitigating factors
MS: Engineering Columbia U (3.3 gpa), part time (while working full time)
GMAT: 740
WE: 5 years medical device (Fortune 200 companies), very good career progression
EC: College: Treasurer rugby team, president of an engineering club, After College: Various volunteer activities (nothing too impressive).
Status: Accepted Darden, Ding w/int Booth, Ding w/o interview UCLA, Haas
I'm looking to move from engineering into finance. Seeing how things will probably be bleak in 2011, I'm exploring the possibility of putting off bschool for a year.
Considering my profile, and its' glaring weakness, would I be a strong candidate to get into an M7/Top 16 school if I were to reapply next year - of course nothing is guaranteed. i.e. Did I beat the odds by getting into Darden and I'd be a fool for trying again next year?
Also, how do schools view reapplicants that have been accepted (i assume that you're burning that bridge by turning them down).
02 Feb 2009, 12:17
Kudos
Bookmarks
I think you applied to the right range of schools - my guess is that if you applied next year again, you'll probably get similar results - a mix of dings and admits; maybe an additional admit or two, depending on how well you executed your application (and how well you interview), as well as who happens to be evaluating your applications (which is basically luck). From what little you wrote, your profile won't be out of place at the kinds of schools you're applying to (i.e. you won't be an outlier on either end of the spectrum).
As for whether to accept Darden this year or to risk applying next year, that's a tough call. The difference between Darden (or UCLA, Haas, Duke, Michigan, etc.) and a Chicago/Kellogg/Columbia/Sloan isn't really significant enough to wait an additional year in my opinion. Of all the schools outside the top-8, Darden does a pretty good job (arguably the best job?) of attracting the banks and consulting firms if that's what you're after. I could be wrong on that, but that's what I've seen in the past. If you're looking for careers and jobs outside of banking or consulting, then the difference between the bottom half of the top-16 and the top half is even less significant - arguably insignificant depending on your individual circumstances. But hey, everyone is different - some people really covet the name on their resume even if it won't have much of an impact on their career; going to b-school is as much a personal thing as it is a career thing for some people.
The job market is going to be rough. The question is for how long. As you may or may not know, job markets are "sticky" - they are usually the last to tumble, and the last to recover. So even if we're well on our way to recovery in say a year or so (i.e. the financial markets not only stabilize but are rising, consumer confidence is starting to increase, demand/orders are growing, etc.) the job market won't recover right away.
Medium- to long-term, things are going to be fine. We'll recover from this mess. But expect a real bumpy ride in the short-term - whether you go this year or next year. Expect recruiters to renege, expect to be fired/rehired and expect a lot of job hopping.
As for whether to accept Darden this year or to risk applying next year, that's a tough call. The difference between Darden (or UCLA, Haas, Duke, Michigan, etc.) and a Chicago/Kellogg/Columbia/Sloan isn't really significant enough to wait an additional year in my opinion. Of all the schools outside the top-8, Darden does a pretty good job (arguably the best job?) of attracting the banks and consulting firms if that's what you're after. I could be wrong on that, but that's what I've seen in the past. If you're looking for careers and jobs outside of banking or consulting, then the difference between the bottom half of the top-16 and the top half is even less significant - arguably insignificant depending on your individual circumstances. But hey, everyone is different - some people really covet the name on their resume even if it won't have much of an impact on their career; going to b-school is as much a personal thing as it is a career thing for some people.
The job market is going to be rough. The question is for how long. As you may or may not know, job markets are "sticky" - they are usually the last to tumble, and the last to recover. So even if we're well on our way to recovery in say a year or so (i.e. the financial markets not only stabilize but are rising, consumer confidence is starting to increase, demand/orders are growing, etc.) the job market won't recover right away.
Medium- to long-term, things are going to be fine. We'll recover from this mess. But expect a real bumpy ride in the short-term - whether you go this year or next year. Expect recruiters to renege, expect to be fired/rehired and expect a lot of job hopping.
