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# Wall Street Here I Come

Author Message
Intern
Joined: 10 Mar 2006
Posts: 3
Followers: 0

Kudos [?]: 0 [0], given: 0

Wall Street Here I Come [#permalink]

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10 Mar 2006, 22:17
Hello . . would you mind evaluating my MBA chances?

I am currently in my mid 30's and want to get my MBA to work on Wall Street. My plan is to get an MBA from a top school so that I can bypass the crazy 90-100 workweeks and go directly to the buy-side of the industry where I can manage my own mutual fund. I have a non-traditional design background, but I plan on using this to my advantage in my essays while applying to top programs. I scored a 640 on the GMAT (V 94% Q 44%) but will offset this by taking some statistics and math classes at the local junior college. My undergraduate education GPA was 2.97, but it was quite a while ago and if I take some math classes I'm thinking this should offset my low GPA.

I've narrowed my choices quite a bit, and will apply only to the following schools:

Wharton (stretch school)
Stanfard (stretch school)
Cornell
Dartmouth
NYU
Carnegie Mellon
University of Washington
Rochester
Boston University
Boston College
UC Davis
Columbia
Penn State
UNC

It's not a matter of whether I get in, but rather where . . . any chance you could let me know my chances at the above schools? Additionally, if all goes to plan, my wife will be giving birth to our second child right about the time I would start classes, so I need a campus that provides a good environment in which she would be able to find employment to help support the family and that also has daycare facilities for the children . . .although that's not my main concern.

Since I'm from Virginia, I'm really hoping to stay on the East Coast, but have resigned myself to the possibility of getting into Stanford, which means I'd have to relocate.

Thank you for the great site and I look forward to your advice!
Joined: 20 Apr 2003
Posts: 5573
Location: Los Angeles CA
Followers: 78

Kudos [?]: 548 [0], given: 74

Re: Wall Street Here I Come [#permalink]

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12 Mar 2006, 19:17
wallstreetguru wrote:
Hello . . would you mind evaluating my MBA chances?

I am currently in my mid 30's and want to get my MBA to work on Wall Street. My plan is to get an MBA from a top school so that I can bypass the crazy 90-100 workweeks and go directly to the buy-side of the industry where I can manage my own mutual fund. I have a non-traditional design background, but I plan on using this to my advantage in my essays while applying to top programs. I scored a 640 on the GMAT (V 94% Q 44%) but will offset this by taking some statistics and math classes at the local junior college. My undergraduate education GPA was 2.97, but it was quite a while ago and if I take some math classes I'm thinking this should offset my low GPA.

I've narrowed my choices quite a bit, and will apply only to the following schools:

Wharton (stretch school)
Stanfard (stretch school)
Cornell
Dartmouth
NYU
Carnegie Mellon
University of Washington
Rochester
Boston University
Boston College
UC Davis
Columbia
Penn State
UNC

It's not a matter of whether I get in, but rather where . . . any chance you could let me know my chances at the above schools? Additionally, if all goes to plan, my wife will be giving birth to our second child right about the time I would start classes, so I need a campus that provides a good environment in which she would be able to find employment to help support the family and that also has daycare facilities for the children . . .although that's not my main concern.

Since I'm from Virginia, I'm really hoping to stay on the East Coast, but have resigned myself to the possibility of getting into Stanford, which means I'd have to relocate.

Thank you for the great site and I look forward to your advice!

Wallstreetguru,

Of the schools you listed, Tuck, Stanford, Harvard, and Kellogg are well regarded for being "family friendly," but I can't speak to your question regarding daycare facilities.

Because of your GMAT and age I would say the following schools are definitely long shots for you: Wharton, Stanford, Tuck, NYU, and CBS. I also think the following schools may be tough for you: CMU, Cornell, and Rochester. I think you are competitive at the rest of the schools: Washington, Boston U. and C., UC Davis, Penn State, and UNC. Of those schools, UNC stands out by a long shot as being (a) strong in finance and (b) highly regarded nationally.

I hope this helps.
_________________

Linda Abraham
Accepted ~ The Premier Admissions Consultancy
310-815-9553

Co-Author of: MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools

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Intern
Joined: 10 Mar 2006
Posts: 3
Followers: 0

Kudos [?]: 0 [0], given: 0

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13 Mar 2006, 13:12
Thanks for the reply . . .

The schools you mention are long shots are actually the ones I feel I have a great chance of getting in to. The ones you say I'm competitive at are actually my "safety" or "worst case scenario" schools. Since the plan is to have a newborn baby during my first year and my wife will be working to support us while I network (study, golf, etc.), I need to get into schools that guarantee me a spot on Wall Street earning huge $$while working only 40-50 hrs/week. Can you please reevaluate my scenario and see if you can't conclude something a little more realistic given my GMAT score and non-traditional background? Manager Joined: 05 Oct 2005 Posts: 81 Followers: 1 Kudos [?]: 1 [0], given: 0 ### Show Tags 13 Mar 2006, 22:44 This post is either a flame or naive. Without much detail, your stats are clearly going to be an obstacle at the schools that have been described to you as long shots. What indicates to me that this is a flame is the question of what schools will guarantee a spot on Wall Street "earning huge$$ while working only 40-50 hrs/week." Such roles don't exist.
Intern
Joined: 10 Mar 2006
Posts: 3
Followers: 0

Kudos [?]: 0 [0], given: 0

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14 Mar 2006, 10:02
Not sure what a "flame" is, but I hope I am not naive. Others are telling me the same thing this message board is, so perhaps I should rethink which schools to apply to.

14 Mar 2006, 10:02
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