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2nd MBA or somethng like a Sloan Fellowship?

Launched April 26, 2006
Expert replies
by ahope » Tue Aug 26, 2008 1:36 am
Hello,

I just ran across a few posts on older MBA applicants and have a question or two about my own plans regarding a return to studies. Maybe (?) this applies to one or two other in general out there.

In brief, I am 38. Studying now for December or January GMAT's with plans to apply to the LBS Sloan Fellowship, but also looking around at other programs (including full time, first tier MBA's in the US).

I completed undergrad in the US, an EMBA in Eastern Europe (joint program with a 2nd tier North American MBA ). It was not first tier, but at the time I was not able to leave to do a full time or heavy travel EMBA somewhere else.

My work experience is varied, but always in capital markets, finance related with some entrepreneurial experience. I have been working in Eastern Europe for 12 years.

I worked for 8 Years as a financial journalist at top international publications/news wires (last as editor in chief for Central Europe for one), a few years as an entrepreneur, now for the last three years as a board member in a small entrepreneurial financial group focused on the private equity, wealth management , PE real state markets in one Eastern European market. I run private equity, business development, fund raising, communications and investor relations among a few other things (small management board, so varied responsibilities).

My reason for looking at a Sloan is I'd like to move to a larger financial institution, change locations - eventually Asia near top of list - and most importantly find a course of study that will allow me to tie together all of my CEE emerging market experience and apply it to these and/or new emerging markets.

Not a sabbatical at all, but but a year or two for focus, reflection and learning to get ready for a next step.

Putting all my hopes on one program is rather scary and risky.

Any advice on my chances at LBS (what kind of GMAT scores etc. do I need). Where else I should look? Is it even worth considering a second, this time 1st tier MBA (I am not so satisfied with what I have now).

Any constructive :) comments/advice very welcome

Thanks in advance and Regards,

-AJH
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Source: — Ask Stacy Blackman |

by Lisa Anderson » Tue Aug 26, 2008 8:56 am
Dear AJH,

Before you invest any more time in this plan, I think you need to determine if this is a viable path. Most schools will not consider your application if you already have an MBA. I would suggest looking into other graduate programs, whether a degree or certificate program, that might allow you to achieve the same career objectives.

Good luck,
Lisa
Lisa Anderson
Consultant
Stacy Blackman Consulting

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