Help Need: Retake the GMAT, What else to do ?

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Help Need: Retake the GMAT, What else to do ?

by mn2010 » Fri Feb 11, 2011 4:52 am
Hello Stacy

I need some expert advice. I gave my GMAT last year and got a 640 (Q47, V31, 5.0). Although I was planning to retake the exam but due to some unavoidable circumstances I could not. I then took a chance and applied to 3 schools for their Round 2 deadline (LBS, Said and ISB). Needless to say got Dinged from all 3.

Now I plan to retake the GMAT in the next 2-3 months and will try to get a 700+ score. Am trying to figure out, that apart from GMAT what else could have been a negative in my application and what do I do to improve my chances next year. As these schools do not provide any feedback (apart from ISB and even there I have heard that the feedback is very generic) am not sure how to figure that out so thought of asking the Experts.

Given my post MBA goals and some personal reasons, I am more interested in doing my MBA from Europe or Asia but will apply to 1-2 US school as well. As of now, am thinking INSEAD, LBS, IMD (maybe depending on which round am ready for), ISB, Kellogg, Wharton, Fuqua (may be).

I have not yet thought of safety schools but given that next year will be my do-or-die year, I will add 1-2 safety school (recommendations are welcome).

My profile is:
Indian/Male/29 years
Undergrad: B.Tech in ECE from India (68%)

Masters: MS from US in Electrical Engineering (GPA: 3.72/4.0), Specialization was Satellite Communication, Worked as a Research Analyst and did a project for NASA (Masters Thesis topic as well), wrote and presented papers in conferences.

WE: 5+ years in Aerospace industry in US, designing GPS receivers for airplanes out of which around 3 years are of Technical Project Management. Have lead projects for major airplane manufacturers (Airbus, Boeing etc). No direct reportees but am responsible for projects (upto 10M $). Am also involved in bids and proposal work and have worked towards new business acquisition of approx 20-25M $ in sales (as a team member).

Post MBA goal Goal:
I want to get in Business development/marketing role in aerospace industry in europe/asia pacific. There is tremendous growth in Aerospace market in these regions.
On a longer term I want to grow in the Business Development role in these markets.

Extra Curr:
At work, I have been working with the Diversity Employee network (Asian network) in a lead role (VP) and have organized cultural and business events. I also volunteer at events organized by the company/department, one specific case was helping out local community during the Iowa Floods of 2008.
During Graduation, I worked with the Indian Student Association. Also volunteered on and off with the university to help out local community, one specific case was the major Florida hurricane in 2004.

Thanks for all the help in advance.[/b]

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by Stacy Blackman » Fri Feb 11, 2011 7:32 am
Hi mn2010,

Thanks for your post. It is a good idea that you retake the GMAT. Remember that your GMAT score is self-reported and an admissions team will only see the highest score that you report.

With regards to the rest of your application, we had client who was in a similar situation. Our client was born and raised in India, and earned his undergraduate degree in Engineering. He then went to work for a large corporation where he progressed for the next five years. Although he had solid work experience, and numbers, his demographics placed him in a highly competitive pool, where he really needed to find a way to differentiate.

In our strategy, we understood that many Indian applicants pursue engineering careers and their resumes all begin to look the same. In working with this client we completely removed the focus from the nitty gritty technical details of his every day job, and emphasized his management and leadership experiences, which set him apart from many of his peers. Specifically, he had spearheaded a non-profit initiative and garnered a great deal of support within his office, ultimately raising significant funds, but also setting the stage for future office initiatives of this kind. He had also taken on a training role, mentoring new hires and helping to develop the blueprint for a training program. Neither of these roles were part of his formal job description but they highlighted his leadership abilities and added color to his resume.

In the end he was admitted into Columbia, Tuck and MIT.

With your application, it is very important that you focus on ways to differentiate yourself through your experiences (for example your experience organizing events for the Diversity Employee Network.)

I hope this was of help mn2010. Please let me know if I can answer any other questions.

Best,

Conrad and the Stacy Blackman Team
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question about my profile

by mn2010 » Sat May 21, 2011 7:54 am
Hi

Thanks for your response. I had couple more questions.
I recently retook my GMAT and got a 690 (Q50-93%, V34-68%) overall percentile 88%, as you can see unfortunately I still have a low Verbal score. In your opinion how are my chances now with this GMAT score.
I was thinking to apply to INSEAD Jan 2012 intake in round 2. Do you think I have a chance there and if they are really strict on their 70 percentile on each section ?

Also how would you rate my chances at LBS (re-applicant), Kellogg and IMD (round 4 for Jan 2012 session) in particular.
What schools would you consider competitive, Reach and Stretch.

Thanks in advance, really appreciate your time.

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by Lisa Anderson » Mon May 23, 2011 11:03 am
Dear mn2010,

Congratulations on your new GMAT score! It does put you in a better position and more in range for top MBA programs. However, you are right to be concerned with your verbal score. Be sure your essays and recommendations, not to mention your interviews, are stellar and demonstrate your command of English. The 4 schools you note in your post would all still be stretch/reach schools for your profile, but your 690 does put them a bit more within reach than before. With a strong, overall application package, you do have a chance at these programs. Schools where you will be more competitive would be those where your profile is at/above average, and schools where your profile is significantly above average would be safety options. As Conrad noted previously, differentiating your application from similar applicants will be key for any application you submit.

Good luck,
Lisa
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by mn2010 » Mon May 23, 2011 1:36 pm
Thanks for the response.

How do I figure out that for which schools my profile is at or above average ? Is it by average GMAT score alone ?

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by Lisa Anderson » Thu May 26, 2011 1:09 pm
GMAT is not the only measure, nor the most important. You want to look at GMAT, GPA, work experience and other demographics. If you are above the average for GMAT & GPA that is good, but if you are in the majority for geography or undergraduate degree, then that means you might face greater competition for a seat as you will be viewed as "similar" to many others in the applicant pool. So, you want to look at the entire class profile and evaluate your background to determine your competitiveness.

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Lisa
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