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Please evaluate my profile: European applying for US schools

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by Matt384 » Thu Oct 09, 2014 3:28 pm
Hi, I am looking to apply for an MBA this year, targeting only 3 schools (Stanford, Yale and Columbia) and I was wondering if I could get some feedback on my chances..

Undergraduate:
- Economics (First Class Hons - top 15%) from a top 20, non-Oxbridge European university
- Semester spent studying abroad in Australia

Work Experience:
- Summer Internship at small PE firm
- 2 years at a well-known Global Bank working in Consumer Analytics / Financial Modelling with an early promotion
- 1 year working in a similar but more senior role at a less-known, expanding UK Bank
- Recently started working for Tech/Healthcare start-up based in Africa (I'm applying in R2 by which point I will have been working there for 5 months)

GMAT:
- 720 (Q49,V39) IR 8 AWA 6 - I could potentially get a higher verbal score if I retake, I was typically achieving 40-44 in practice tests.

ECs:
- A little weak (no sports team captain or society president roles) but have plenty of volunteering experience, tutoring students and working with a well-known development charity.

Post MBA:
- Short-term: work in consultancy with an international development/social enterprise focus
- Longer-term: start a social enterprise bringing new technologies to developing markets

I am also a European who grew up in Africa if that gives me any advantage when applying to US schools.

My current role is for a fixed 6 month period. I am looking to either apply this year in R2, or else wait until next year and focus on improving some of the weaknesses in my profile.

Thank you in advance!
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by MBAPrepAdvantage » Fri Oct 10, 2014 8:58 am
What grades/class rank/percentage/degree class did you obtain? Which country is your country of origin?

These two factors will help us determine the competitiveness of your candidacy. But you should consider applying to a wider range of schools to diversify your chances. Given your goals, Haas and Kellogg would be excellent schools.

Haas - Social Entrepreneurship - https://entrepreneurship.berkeley.edu/pr ... eneurship/
Kellogg - Social Enterprise - https://www.kellogg.northwestern.edu/dep ... /seek.aspx

Good luck,
Michael Cohan
MBAPrepAdvantage Founder & AIGAC Board Director
305-604-8178
www.mbaprepadvantage.com

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by Matt384 » Fri Oct 10, 2014 11:02 am
I received a First Class degree (UK) with no class ranking, this equates to top 15% or 3.7-4.0 GPA in US terms. I also received a couple of minor awards for top exam performances during my undergrad.

I am a British citizen born in South Africa and have lived in several countries across sub-Saharan Africa - is this something to emphasize in application essays or will it come across as having a privileged upbringing?

Realistically, I am a little limited in terms of where I can apply as I will need an International Loan to cover tuition without a US co-signer, ruling out Kellogg. I would rather focus on writing great essays for schools that I really want to attend. I am anticipating that I am competitive for Yale, competitive to stretch for Columbia, and a stretch for Stanford, but I don't have a lot of data points to go by since my profile doesn't match many typical applicants.

Do you think it is worthwhile applying this year, or should I delay to focus on improving some of my weaker areas and getting my GMAT into 750+ territory?

As an aside, I tend to do reasonably well in time pressured exams and only studied for the GMAT in 6 weeks. My practice scores were 640,690,710,740,760,740 using MGMAT so feel like 720 was an under performance due to a weak verbal on the day. I believe with a few months more practice I could do much better, but unfortunately this is not feasible for 2015 applications.

Many thanks!
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by MBAPrepAdvantage » Sat Oct 11, 2014 9:50 am
A First Class is strong, no worries there. As an applicant from England, you will be in a more competitive pool than say Eastern Europe.

There is considerable overlap among essays between schools so if I were in your situation, I would be applying to as many schools as possible that fit my goals and offers a non-U.S. co-signer option.

Columbia has only recently started to offer a non-U.S. co-signer loan option through Prodigy Finance (https://prodigyfinance.com/columbia-bus ... chool/loan). Keep in mind the loan is capped at tuition per year so you would need to do extra due diligence to see if this still covers expenses.

Haas has a $45,000 per year limit on non-U.S. co-signer loans (https://www.haas.berkeley.edu/finaid/MBA ... loans.html).

Other schools you should look at which offer non-U.S. co-signer options (in addition to Stanford, Yale, Columbia and Haas) include: HBS, Booth, Wharton, Fuqua, Tuck, Stern, Johnson, Anderson and Darden.

Finally, I think it is worth you applying this year with your 720. A First Class and a 720 GMAT mean that your grades and test scores are competitive.

Best of luck,
Michael Cohan
MBAPrepAdvantage Founder & AIGAC Board Director
305-604-8178
www.mbaprepadvantage.com

Please thank and/or like individual posts.

Follow Michael Cohan on Image Image and BeattheGMAT.
Follow MBAPrepAdvantage on Image Image Image.

For a free assessment email [email protected] your target schools, goals, resume, GPA and GMAT or fill out our Free MBA Admissions Consultation Form.
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