• Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors

MIT MRED Success

This topic has 1 expert reply and 8 member replies
faraji13 Senior | Next Rank: 100 Posts Default Avatar
Joined
10 Jan 2008
Posted:
31 messages
Upvotes:
2

MIT MRED Success

Post Wed Apr 02, 2008 2:11 pm
680 GMAT and low undergrad GPA. Woo-Hoo! 1 of 33. Any sloan folks, please contact me.

  • +1 Upvote Post
  • Quote
  • Flag
Need free GMAT or MBA advice from an expert? Register for Beat The GMAT now and post your question in these forums!
Top Reply
Post Fri Oct 30, 2009 12:38 pm
Question for you: What kind of GPA/GMAT/work experience did your classmates have? With a GMAT of 690, I believe I am a bit ahead of the curve (I was told the average GMAT is about 650), but I am concerned about the quantity of my work experience (3 years of CRE finance at a top 15 US bank), and GPA (2.9 from a competitive college). Since the average age of MSRED students is 29-30, I assume most people have more work experience. Also, I can't find any statistical information on GPA. Your thoughts on my chances would be appreciated. I'd also love to hear your thoughts on the program in general since you just finished up.

  • +1 Upvote Post
  • Quote
  • Flag
faraji13 Senior | Next Rank: 100 Posts Default Avatar
Joined
10 Jan 2008
Posted:
31 messages
Upvotes:
2
Top Reply
Post Fri Oct 30, 2009 12:53 pm
Work experience was all over the board, from construction to LIHTC specializations to Finance and Development. I heard somewhere that the GMAT avg. was in the 670 range, but I can't verify. They have reduced the class size this year and I think they're going forward with smaller class sizes for the foreseeable future, so not sure how different the range for this year is. One of the guys this year had a 750, but not sure if he's an outlier, or just representative of increasing competitiveness. If you have significant experience, I don't think undergrad GPA gets weighted nearly as heavily as what you've done in the real world, and I think the onus is on you just to tell a compelling story about the kinds of deals you've done. For the most part, nothing but good things to say about the quality of teaching and my classmates. They really put the workload to you hard first semester, and the job placement services are a joke compared to MBA programs, but apart from that, I think it's a great place to get your education. Best of luck, and if I can be of any more help, let me know.

  • +1 Upvote Post
  • Quote
  • Flag
Post Fri Oct 30, 2009 12:38 pm
Question for you: What kind of GPA/GMAT/work experience did your classmates have? With a GMAT of 690, I believe I am a bit ahead of the curve (I was told the average GMAT is about 650), but I am concerned about the quantity of my work experience (3 years of CRE finance at a top 15 US bank), and GPA (2.9 from a competitive college). Since the average age of MSRED students is 29-30, I assume most people have more work experience. Also, I can't find any statistical information on GPA. Your thoughts on my chances would be appreciated. I'd also love to hear your thoughts on the program in general since you just finished up.

  • +1 Upvote Post
  • Quote
  • Flag
faraji13 Senior | Next Rank: 100 Posts Default Avatar
Joined
10 Jan 2008
Posted:
31 messages
Upvotes:
2
Post Fri Oct 30, 2009 12:53 pm
Work experience was all over the board, from construction to LIHTC specializations to Finance and Development. I heard somewhere that the GMAT avg. was in the 670 range, but I can't verify. They have reduced the class size this year and I think they're going forward with smaller class sizes for the foreseeable future, so not sure how different the range for this year is. One of the guys this year had a 750, but not sure if he's an outlier, or just representative of increasing competitiveness. If you have significant experience, I don't think undergrad GPA gets weighted nearly as heavily as what you've done in the real world, and I think the onus is on you just to tell a compelling story about the kinds of deals you've done. For the most part, nothing but good things to say about the quality of teaching and my classmates. They really put the workload to you hard first semester, and the job placement services are a joke compared to MBA programs, but apart from that, I think it's a great place to get your education. Best of luck, and if I can be of any more help, let me know.

  • +1 Upvote Post
  • Quote
  • Flag
faraji13 Senior | Next Rank: 100 Posts Default Avatar
Joined
10 Jan 2008
Posted:
31 messages
Upvotes:
2
Post Mon Nov 02, 2009 6:54 am
[insert name here] wrote:
Thanks for the info. It's very appreciated.

To follow up on your point about telling a compelling story about the kind of deals I've done, are you referring to the application essay or something else (an interview, for example)?
Application essay

  • +1 Upvote Post
  • Quote
  • Flag
Post Mon Nov 02, 2009 6:51 am
Thanks for the info. It's very appreciated.

To follow up on your point about telling a compelling story about the kind of deals I've done, are you referring to the application essay or something else (an interview, for example)?

  • +1 Upvote Post
  • Quote
  • Flag
faraji13 Senior | Next Rank: 100 Posts Default Avatar
Joined
10 Jan 2008
Posted:
31 messages
Upvotes:
2
Post Sun May 25, 2008 1:47 pm
are you talking about the MSRED program or Sloan? Reading back, I might have been unclear, but I applied and was accepted to the MSRED program at the Center for Real Estate, not Sloan.

  • +1 Upvote Post
  • Quote
  • Flag
Jimat Senior | Next Rank: 100 Posts Default Avatar
Joined
08 Oct 2007
Posted:
44 messages
Post Fri May 23, 2008 1:54 pm
Hi,

I have similar qualifications as yours. I have a GMAT of 680 and GPA of 4. I am 27 years old and with experience in consumer products industry. I held positions from analyst to manager of an entire region and MIT did not give me admission for 2008 class. I am also the first generation of inmigrants and I was the valedictorian of my undergrad in Industrial Engineering.

Since MIT does not give feedback I was thinking in retaking the GMAT until reach a 710 but now that I read your story I am not sure.

I will re-apply this year but in the first round.

Any help will be welcome.

Congratulations for your achievement.

Regards,
Jimat

  • +1 Upvote Post
  • Quote
  • Flag
faraji13 Senior | Next Rank: 100 Posts Default Avatar
Joined
10 Jan 2008
Posted:
31 messages
Upvotes:
2
Post Sun Apr 13, 2008 1:56 pm
You'd have to ask the admissions department that. Probably a combo of work experience (started and manage my own real estate firm), recos (one of the most succesful developers in the area), and purpose statement (I have a very clear sense of what I want to do post-graduation and I'm a published author, so my writing's decent, I hope.) Being legacy probably didn't hurt either.

  • +1 Upvote Post
  • Quote
  • Flag

Best Conversation Starters

1 lheiannie07 120 topics
2 LUANDATO 62 topics
3 swerve 62 topics
4 ardz24 61 topics
5 AAPL 57 topics
See More Top Beat The GMAT Members...

Most Active Experts

1 image description Scott@TargetTestPrep

Target Test Prep

174 posts
2 image description Brent@GMATPrepNow

GMAT Prep Now Teacher

173 posts
3 image description Rich.C@EMPOWERgma...

EMPOWERgmat

131 posts
4 image description Jeff@TargetTestPrep

Target Test Prep

130 posts
5 image description EconomistGMATTutor

The Economist GMAT Tutor

130 posts
See More Top Beat The GMAT Experts