profile evaluation please

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profile evaluation please

by eknick » Tue Mar 08, 2011 3:11 pm
Hi

I graduated from a Top 30 university in the US with a BA in the Financial Economics. I also earned a Certificate of Management Studies from the University's business school (top20). While in school I was socially active. I was the president of our chinese student association, and the president of my fraternity. During that time I've kept my interest in classical guitar and continued to take lessons in my university's music school (top3). The result was a senior solo recital and a professionally produced album.

Right after college in 2009, I was lucky enough to be offered a job in one of the biggest Broker-Dealer firms in the country. So in the last 2 years I have been working in Manhattan, started from sales assistant and promoted to senior specialist/sales trader last year. It is a financially rewarding job but looking ahead, instead of trading other people's money I would like to management my own firm. Or start a fund of my own. While the goal is not possible in foreseeable future it is my dream which motivates me everyday. In order to move up the ladder I decided to apply for a MBA problem.

However my GPA undergraduate GPA is terrible, cumulative 2.8 is something I am not proud of. Earlier this week I took my first Gmat and scored 680. Another downfall of my qualification is that because my job has been very demanding, I have not done much outside of work in the past 2 years. My decision to apply for a MBA program was spontaneous(in Feb) so I am not very prepared. I'm looking to apply for NYU Stern, and my reach school is Columbia. It is still worth the effort to apply for both? Given my lack of undergraduate academic achievement and my not so stella Gmat score, I am really lacking confidence here.

What are my reasonable chances of getting admitted in this stage of the application process (r3). Can you please give me some advice on how I might be able to standout? I am also prepared for rejections, which will give me time to take my CFA exam this coming June (which will beef up my resume) and retake the Gmat, hopefully get into the 750 range. If thats the case will I have a better chance to get admitted to one of the top schools, specifically Columbia, Kellog, Yale, Duke, and Georgetown, if I apply early for the next academic year?
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by Stacey Oyler » Wed Mar 09, 2011 10:38 am
Hi,

Thanks for your post. Given the information you shared, it appears you had a very active life outside of the classroom in undergrad. I'm guessing this could be the reason your GPA is a 2.8. your leadership roles and extracurricular activities are impressive, but you are correct in your assumption that adcoms may find your GPA concerning.

It's important to keep in mind that adcoms are looking at 3 areas when evaluating candidates - academics (GPA, GMAT, additional coursework), professional experience and extracurricular activities. Your professional experience to date appears sound and in line with your peers. It's also not all that uncommon for someone in your industry to lack in extracurricular activities given the time commitment of your job. The good news is your undergraduate involvement is a great indication of your likeliness to be involved in activities outside of the classroom in business school.

The main area of concern is your GMAT and GPA. Those who don't have stellar GPA's can often successfully use a solid GMAT score to mitigate any academic concerns the adcom may have. Given your GMAT score is below average for the schools on your list (as well as compared to similar candidates in the applicant pool), you may have a hard time convincing the adcom that you will succeed in the classroom. I strongly suggest you plan to retake the GMAT with a goal of scoring 720+ and apply in round 1 (or early on in the ED process for Columbia). Round 3 admission is quite difficult at most schools (mostly due to a lack of seats remaining) and with your current GMAT score you may not be competitive enough to get one of the last few spots. I truly believe that it is best to apply to bschool when you are ready - have the ideal test scores, at the right place in your career, etc. In your case I think waiting until round 1 is your best bet.

Regards,

Stacey
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Stacey Oyler
Clear Admit, LLC
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