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May 0710:00 AM EDT
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Sia Admissions Founder Susan Berishaj is covering this live on YouTube, May 7: how admissions committees actually evaluate goals statements, who is in the room, and why the goals statement most applicants submit wouldn't survive that conversation.
GMAT1003
Joined: 24 Jun 2018
Last visit: 27 Dec 2022
Posts: 171
Own Kudos:
Given Kudos: 50
Location: India
Schools: LBS '24 (D) Said '24 (II)
GMAT 1: 760 Q50 V44
GPA: 3.2
02 Jul 2021, 22:27
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Bookmarks
Hi,
I am an 26-year old Indian Male Non-Engineer Finance profile candidate with a 760 GMAT. I've worked at a small boutique investment bank for the past ~4.5 years and I'm also a CFA Level III candidate.
My aim is to apply to UK-based schools (LBS and Oxbridge) primarily because I want to switch locations and gain exposure in a new country. I am looking to continue working in the same industry and my aim is to work in Corporate Finance/IB in UK for a few years. PE/VC is also an aim but I am keeping my options open as the chances for breaking into PE/VC are quite slim.
I wanted your guidance regarding the 'career goals' essay. I have worked on several debt deals in the Renewable Energy space in India and hence, I plan to mention that my short-term career goal is to work in the project financing/corporate finance division of an Energy firm (such as Lightsource) / IB firm with a focus on energy / an energy focused fund (such as Actis). My long-term career goal would to be start an Energy-focused fund of my own.
Someone mentioned to me that it would make sense to state that I plan to come back to my existing firm after MBA to secure a senior role and support the firm's growth into other markets. This would ensure that the ad-com does not consider me as a high risk candidate since I would be guaranteed employment in my home country. However, this does not feel authentic to me so I am not too sure about doing it. Do the career goals that I've stated seem high risk/hard to attain in LBS/Oxbridge?
Your advice would be much appreciated.
I am an 26-year old Indian Male Non-Engineer Finance profile candidate with a 760 GMAT. I've worked at a small boutique investment bank for the past ~4.5 years and I'm also a CFA Level III candidate.
My aim is to apply to UK-based schools (LBS and Oxbridge) primarily because I want to switch locations and gain exposure in a new country. I am looking to continue working in the same industry and my aim is to work in Corporate Finance/IB in UK for a few years. PE/VC is also an aim but I am keeping my options open as the chances for breaking into PE/VC are quite slim.
I wanted your guidance regarding the 'career goals' essay. I have worked on several debt deals in the Renewable Energy space in India and hence, I plan to mention that my short-term career goal is to work in the project financing/corporate finance division of an Energy firm (such as Lightsource) / IB firm with a focus on energy / an energy focused fund (such as Actis). My long-term career goal would to be start an Energy-focused fund of my own.
Someone mentioned to me that it would make sense to state that I plan to come back to my existing firm after MBA to secure a senior role and support the firm's growth into other markets. This would ensure that the ad-com does not consider me as a high risk candidate since I would be guaranteed employment in my home country. However, this does not feel authentic to me so I am not too sure about doing it. Do the career goals that I've stated seem high risk/hard to attain in LBS/Oxbridge?
Your advice would be much appreciated.
04 Jul 2021, 07:12
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GMAT1003:
In general, your essays about careers goals need to be both aspirational and pragmatic. The idea of starting your own Energy fund as a long-term goal seems very appropriate and covers both of those criteria. As for your short-term goal, you definitely do not need to talk about coming back to your existing firm to mitigate any risk to your profile. You can mention that if you feel it's what you want to do, but that specific short-term goal (versus another) is not going to make you a more or less favorable candidate. Illustrating a clear and logical narrative is most important whether that means going to a new firm or returning to your existing one.
Keep in mind, the career goals essays need to be convincing but are not in and of themselves the reason you get into a program. All these schools recognize that people are likely to change their minds as they go through the MBA program. In fact, in many cases the schools want you to come in open-minded even though in the application process they want you to have a very defined path. It's kind of a funny back-and-forth but that's just how the game is played.
Please reach out to us if you'd like to discuss more. Fingers crossed!
https://admissionado.com/free-consultation/
In general, your essays about careers goals need to be both aspirational and pragmatic. The idea of starting your own Energy fund as a long-term goal seems very appropriate and covers both of those criteria. As for your short-term goal, you definitely do not need to talk about coming back to your existing firm to mitigate any risk to your profile. You can mention that if you feel it's what you want to do, but that specific short-term goal (versus another) is not going to make you a more or less favorable candidate. Illustrating a clear and logical narrative is most important whether that means going to a new firm or returning to your existing one.
Keep in mind, the career goals essays need to be convincing but are not in and of themselves the reason you get into a program. All these schools recognize that people are likely to change their minds as they go through the MBA program. In fact, in many cases the schools want you to come in open-minded even though in the application process they want you to have a very defined path. It's kind of a funny back-and-forth but that's just how the game is played.
Please reach out to us if you'd like to discuss more. Fingers crossed!
https://admissionado.com/free-consultation/
