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by darkPassenger » Sat May 04, 2013 9:05 am
Hi,
Can you tell me which business schools will be best for me to apply to get admission as well as funding with 610 gmat score and 3.77 cgpa? I need funding badly. That's why i'm ok with mid level business schools. Please suggest :(
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by Jim@StratusPrep » Tue May 07, 2013 8:57 am
Your career will play into this as well... What type of work and social work have you done?
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by Jim@StratusPrep » Tue May 07, 2013 8:59 am
One other thing... Your GPA is strong, have you thought of retaking the GMAT? This will help your chances for a scholarship.
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by essaysnark » Tue May 07, 2013 9:22 am
Hi darkPassenger - unfortunately it's near impossible to gauge whether you'd have any chance of getting scholarship money without seeing a lot more on your profile. Generally speaking, the lower-ranked schools have less money available to hand out, and in most cases they'll want to use it to attract a high-value candidate. Usually that comes down to the strong achievers (high GMAT score is one metric they use to evaluate that - we echo Jim's comment, you may want to retake the GMAT), along with those with a unique background that will add a lot to the class. If you're coming from an oversubscribed candidate pool such as India then it's much more challenging to get funds. Many schools also offer need-based funds, and they tend to be particularly generous for those coming from disadvantaged situations, so if that's you, then there may be more options available.

Regardless, the MBA has a very high ROI. You wouldn't want to be short-sighted in how you approach this. Most people increase their earnings potential significantly with this degree. Maybe you wouldn't need as much financial help as you think?

Hope that helps.
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