Dear bovik,
I don't think pursuing a MBA is a bad idea based on your desire to move into a management role. I will ask you to consider your goals in relation to what type of MBA program makes the most sense for you. If you want to stay in your current industry but simply move into the management side, then you might consider a part-time program where you will continue to work. This would give you the education you seek and some other resources, but keep you in the field. If you really want to move out of the industry or function, then a full-time program might be a better option as it will allow you to focus on your job search and do an internship. Where you apply is really up to you based on the programs that you feel are the best match. I don't know enough about your profile to comment on your chances, but your GMAT score and work experience are on par for a competitive application to any school. There are so many great programs out there--don't overlook some that make sense for you just because BusinessWeek, US News, Financial Times, etc. does.
Best of luck,
Lisa
What GPA/GMAT is needed to get into a top 5 school?
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Lisa Anderson
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Hi Lisa,
Thanks for the quick reply. I very much appreciate it. I had a few more questions for you.
(1) I have taken a few courses in the business school along with other MBA students at my graduate school while finishing my PhD and I performed quite well. Do you think it makes sense to mention this in my application.
(2) Your thoughts about deciding between and full and part time are similar to what has been going on in my mind. And I am not sure which one to pick. With my current profile, I would be labeled as a core technical guy. With a part time mba, will that open up career options. Also, if I get a full time degree, can my phd help me get a (tech) related job or is it like starting from scratch (I would be one of a class of mba grads). Sorry for the rather vague framing of the question.
(3) What are the chances of getting financial aid. Since, I would be losing my salary if I go full time, are there options in form of scholarships that one could get to at least cover part of the tuition or is it mostly loans?
Just some more background: being in a research position, I have gotten some leadership roles putting together small groups together to tackle a direct competitive challenge for my company. But most of these things have been fairly small in scale and impact. This is where I was thinking that an MBA might help me attractive for positions that have bigger say in such matters.
Looking forward to your reply.
bovik
Thanks for the quick reply. I very much appreciate it. I had a few more questions for you.
(1) I have taken a few courses in the business school along with other MBA students at my graduate school while finishing my PhD and I performed quite well. Do you think it makes sense to mention this in my application.
(2) Your thoughts about deciding between and full and part time are similar to what has been going on in my mind. And I am not sure which one to pick. With my current profile, I would be labeled as a core technical guy. With a part time mba, will that open up career options. Also, if I get a full time degree, can my phd help me get a (tech) related job or is it like starting from scratch (I would be one of a class of mba grads). Sorry for the rather vague framing of the question.
(3) What are the chances of getting financial aid. Since, I would be losing my salary if I go full time, are there options in form of scholarships that one could get to at least cover part of the tuition or is it mostly loans?
Just some more background: being in a research position, I have gotten some leadership roles putting together small groups together to tackle a direct competitive challenge for my company. But most of these things have been fairly small in scale and impact. This is where I was thinking that an MBA might help me attractive for positions that have bigger say in such matters.
Looking forward to your reply.
bovik
Hi Lisa,
Just one more thing. In your reply, you mentioned "There are so many great programs out there--don't overlook some that make sense for you just because BusinessWeek, US News, Financial Times, etc. does.". Which programs do you think make sense for me that I might be overlooking?
thanks,
bovik
Just one more thing. In your reply, you mentioned "There are so many great programs out there--don't overlook some that make sense for you just because BusinessWeek, US News, Financial Times, etc. does.". Which programs do you think make sense for me that I might be overlooking?
thanks,
bovik
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Lisa Anderson
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Dear bovik,
I don't know enough about you or your goals to name programs. My comment is a general one about looking at schools that appear to be a good match for you even if they are not ranked as a top 20 program.
Regards,
Lisa
I don't know enough about you or your goals to name programs. My comment is a general one about looking at schools that appear to be a good match for you even if they are not ranked as a top 20 program.
Regards,
Lisa
Hi Lisa,
Thanks for the quick reply. I very much appreciate it. I had a few more questions for you.
(1) I have taken a few courses in the business school along with other MBA students at my graduate school while finishing my PhD and I performed quite well. Do you think it makes sense to mention this in my application.
(2) Your thoughts about deciding between and full and part time are similar to what has been going on in my mind. And I am not sure which one to pick. With my current profile, I would be labeled as a core technical guy. With a part time mba, will that open up career options. Also, if I get a full time degree, can my phd help me get a (tech) related job or is it like starting from scratch (I would be one of a class of mba grads). Sorry for the rather vague framing of the question.
(3) What are the chances of getting financial aid. Since, I would be losing my salary if I go full time, are there options in form of scholarships that one could get to at least cover part of the tuition or is it mostly loans?
Just some more background: being in a research position, I have gotten some leadership roles putting together small groups together to tackle a direct competitive challenge for my company. But most of these things have been fairly small in scale and impact. This is where I was thinking that an MBA might help me attractive for positions that have bigger say in such matters.
Looking forward to your reply.
bovik
Thanks for the quick reply. I very much appreciate it. I had a few more questions for you.
(1) I have taken a few courses in the business school along with other MBA students at my graduate school while finishing my PhD and I performed quite well. Do you think it makes sense to mention this in my application.
(2) Your thoughts about deciding between and full and part time are similar to what has been going on in my mind. And I am not sure which one to pick. With my current profile, I would be labeled as a core technical guy. With a part time mba, will that open up career options. Also, if I get a full time degree, can my phd help me get a (tech) related job or is it like starting from scratch (I would be one of a class of mba grads). Sorry for the rather vague framing of the question.
(3) What are the chances of getting financial aid. Since, I would be losing my salary if I go full time, are there options in form of scholarships that one could get to at least cover part of the tuition or is it mostly loans?
Just some more background: being in a research position, I have gotten some leadership roles putting together small groups together to tackle a direct competitive challenge for my company. But most of these things have been fairly small in scale and impact. This is where I was thinking that an MBA might help me attractive for positions that have bigger say in such matters.
Looking forward to your reply.
bovik
GMAT/MBA Expert
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Lisa Anderson
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If you took business courses for credit during your PhD program, then these should be on your transcript. Other than that, you can always mention them in your essays if it makes sense and does not seem forced.
Your job search is ultimately up to you. You determine what types of jobs to pursue, you do the interviews, and you get the offers. The career center at any business school is there to help you with resources and advice, regardless of which program you are in. So, it really comes down to which makes the most sense for your career goals.
Many schools do have a limited number of scholarships available for full-time students only. How many and the amounts of the awards vary greatly. It is not something you should expect as scholarship awards are tougher to receive than an offer of admission, but something you should be aware of and consider when determining where to apply. The majority of MBA students are financing part or all of business school with loans.
Regards,
Lisa
Your job search is ultimately up to you. You determine what types of jobs to pursue, you do the interviews, and you get the offers. The career center at any business school is there to help you with resources and advice, regardless of which program you are in. So, it really comes down to which makes the most sense for your career goals.
Many schools do have a limited number of scholarships available for full-time students only. How many and the amounts of the awards vary greatly. It is not something you should expect as scholarship awards are tougher to receive than an offer of admission, but something you should be aware of and consider when determining where to apply. The majority of MBA students are financing part or all of business school with loans.
Regards,
Lisa
Lisa,
I've been following this blog and your feedback has been amazing. Thanks for the generosity.
As for me, what are the ~chances of me getting into at least one of the following MBA programs: Kellogg, Wharton, Haas, MIT, Chicago?
710 GMAT/ 6 on AWA
3.51 GPA , majored in econ from a "top 20 " liberal arts school
4 yrs -midmarket investment banking , plan on working for a startup in 2 months until school starts to diversify exp. - segue into VC community
3.5 years of nonprofit experience/ technology healthcare nonprofit - simultaneously w/ ibanking work i.e. the 3.5 yrs overlaps w/ my 4 yrs of ibanking
undergrad extrac/ leadership: several student govt. roles, debate team [traveling], several clubs
Currently US citizen, but was a citizen of Asian country for 25 yrs.
Currently live in MN
I plan to visit all of the aforementioned schools, put in leg work into 'geting to know' them.
I've been following this blog and your feedback has been amazing. Thanks for the generosity.
As for me, what are the ~chances of me getting into at least one of the following MBA programs: Kellogg, Wharton, Haas, MIT, Chicago?
710 GMAT/ 6 on AWA
3.51 GPA , majored in econ from a "top 20 " liberal arts school
4 yrs -midmarket investment banking , plan on working for a startup in 2 months until school starts to diversify exp. - segue into VC community
3.5 years of nonprofit experience/ technology healthcare nonprofit - simultaneously w/ ibanking work i.e. the 3.5 yrs overlaps w/ my 4 yrs of ibanking
undergrad extrac/ leadership: several student govt. roles, debate team [traveling], several clubs
Currently US citizen, but was a citizen of Asian country for 25 yrs.
Currently live in MN
I plan to visit all of the aforementioned schools, put in leg work into 'geting to know' them.
GMAT/MBA Expert
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Lisa Anderson
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Dear OdotPrime,
You certainly have the profile for a competitive application to any school. What will get you to the admit pile versus the reject pile will be how you present your background and rationale for business school in your applications. Likewise, you will want to find a way to distinguish your application from the other similar applicants in terms of professional experience. Based on your post, perhaps the work with the nonprofit will help in that regard?
Good luck,
Lisa
You certainly have the profile for a competitive application to any school. What will get you to the admit pile versus the reject pile will be how you present your background and rationale for business school in your applications. Likewise, you will want to find a way to distinguish your application from the other similar applicants in terms of professional experience. Based on your post, perhaps the work with the nonprofit will help in that regard?
Good luck,
Lisa
Hi Stacy,
I have a few questions, I am really confused if I want to do my Full Time MBA or a Executive MBA. Here are some details about me so you can help me with my decision
1. Undergrad in Engineering with a GPA of 3.4
2. MS is Operations Research from Engineering Management Information Systems SMU (Dallas, TX)GPA 3.34
3. Own my Own IT Consulting firm since 2006.
4. Initiated a new International business with import and export of Textiles in 2009.
I also work full time through my own consulting firm as a contractor to Large health Insurance co as Manager and below are a few highlights of what I have done
* Over 11 + years of experience in IT industry
* Over 8+ years experience working as a Senior Manager experienced in the field of Healthcare & Biotech industries.
* Expert in Managing Merger projects and teams that are Geographically dispersed
* Managed several Multi-Million-Dollar projects.
I really am interested in getting in one of the Top 3 schools for the fall '10 program.
Would appreciate any kind of help. I plan on taking the GMAT in Feb 2010.
Thanks,
Shawn
I have a few questions, I am really confused if I want to do my Full Time MBA or a Executive MBA. Here are some details about me so you can help me with my decision
1. Undergrad in Engineering with a GPA of 3.4
2. MS is Operations Research from Engineering Management Information Systems SMU (Dallas, TX)GPA 3.34
3. Own my Own IT Consulting firm since 2006.
4. Initiated a new International business with import and export of Textiles in 2009.
I also work full time through my own consulting firm as a contractor to Large health Insurance co as Manager and below are a few highlights of what I have done
* Over 11 + years of experience in IT industry
* Over 8+ years experience working as a Senior Manager experienced in the field of Healthcare & Biotech industries.
* Expert in Managing Merger projects and teams that are Geographically dispersed
* Managed several Multi-Million-Dollar projects.
I really am interested in getting in one of the Top 3 schools for the fall '10 program.
Would appreciate any kind of help. I plan on taking the GMAT in Feb 2010.
Thanks,
Shawn
GMAT/MBA Expert
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Lisa Anderson
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Dear Shawn,
Based on the amount of experience you have and what you have recently been doing in your career, I think an executive MBA is probably a more appropriate choice for you. You did not indicate your rationale for going to business school or your career goals; however, if you plan to continue growing your own business(es), then I think you will find an EMBA to provide what you are seeking in a program. I highly encourage you to speak with the admissions folks at the schools you are considering to gain insight into the programs and determine whether they are a match for you.
Good luck,
Lisa
Based on the amount of experience you have and what you have recently been doing in your career, I think an executive MBA is probably a more appropriate choice for you. You did not indicate your rationale for going to business school or your career goals; however, if you plan to continue growing your own business(es), then I think you will find an EMBA to provide what you are seeking in a program. I highly encourage you to speak with the admissions folks at the schools you are considering to gain insight into the programs and determine whether they are a match for you.
Good luck,
Lisa
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mohitsharda
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- GMAT Score:740
Hi Lisa,
I am planning to apply for full time MBA next year, for the class of 2013. I am targeting the top-10 MBA programs.
My GMAT score is 740 (Q 51/ V 38). I am a Mechanical Engineer from Indian Institute of Technology, Delhi (one of the best universities in India) and my GPA is 8.737/10 (Stood in top 5 of my batch). I am currently working as 'Project Manager' in a MNC at one of its manufacturing plant. By the time I apply, I will have only a year's experience and by the time I intend to join, my work ex would be about 2 years.
Can you help me figure out my chances of getting into a good program and what I need to do further??
I am planning to apply for full time MBA next year, for the class of 2013. I am targeting the top-10 MBA programs.
My GMAT score is 740 (Q 51/ V 38). I am a Mechanical Engineer from Indian Institute of Technology, Delhi (one of the best universities in India) and my GPA is 8.737/10 (Stood in top 5 of my batch). I am currently working as 'Project Manager' in a MNC at one of its manufacturing plant. By the time I apply, I will have only a year's experience and by the time I intend to join, my work ex would be about 2 years.
Can you help me figure out my chances of getting into a good program and what I need to do further??
MS
GMAT/MBA Expert
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Lisa Anderson
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Dear mohitsharda,
You have the GMAT and GPA for a competitive application. Now, you need to have quality work experience demonstrating progression and accomplishments. It is also imperative you have a way to distinguish yourself from similar applicants. Many applicants do this through extracurricular or community activities and/or unique personal stories. Start thinking about how you can stand out in the applicant pool and gaining quality experience over the next year.
Good luck,
Lisa
You have the GMAT and GPA for a competitive application. Now, you need to have quality work experience demonstrating progression and accomplishments. It is also imperative you have a way to distinguish yourself from similar applicants. Many applicants do this through extracurricular or community activities and/or unique personal stories. Start thinking about how you can stand out in the applicant pool and gaining quality experience over the next year.
Good luck,
Lisa
Hi Stacy
Do you think I have a change at a top 10 grad school with a gmat of 700 and a gpa of 3.1 from USC business undergraduate. My resume is not that long, I graduated in 2006 and I spent a year trying to start my own company but was unsuccessful. I dont know if that is looked down on or not?
Thought, please!
Thanks
Do you think I have a change at a top 10 grad school with a gmat of 700 and a gpa of 3.1 from USC business undergraduate. My resume is not that long, I graduated in 2006 and I spent a year trying to start my own company but was unsuccessful. I dont know if that is looked down on or not?
Thought, please!
Thanks
GMAT/MBA Expert
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Lisa Anderson
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Dear jessicsd,
Your GMAT and GPA are competitive for a top 10 program. While your entrepreneurial venture did not succeed, it is what you learned in the process and how that experience has shaped your perspective that is important. Likewise, the quality of your resume, essays, recommendations and interview will be instrumental in your evaluation for business school.
Good luck,
Lisa
Your GMAT and GPA are competitive for a top 10 program. While your entrepreneurial venture did not succeed, it is what you learned in the process and how that experience has shaped your perspective that is important. Likewise, the quality of your resume, essays, recommendations and interview will be instrumental in your evaluation for business school.
Good luck,
Lisa
