Hey everybody,
I want to start getting more realistic by determining how high of a score I need to shoot for to compensate for my low gpa when considering to apply to MBA programs. Well just how low is my GPA?! It depends on how how you want to calculate it...
I don't know if anybody can please advise, and yes I know that different schools calculate it differently. I would like to know which GPA should I use to evaluate if I have a chance at certain schools. So, I need to try to guesstimate which GPA admission boards are going to use.
Below are my hours and GPA
(2003-2004)
63 Transfer Hours to my main college (3 hours did not transfer) - Community College towards 1st bachelor - 2.8
(2005-2007)
97 Hours at main college - 3.224 - Graduated Spring 2008 with Bachelor in Business Administration | Finance - 3.6 GPA in Major and 3.5+ GPA in last 60 hours of undergrad degree in finance...(took calculus 3, linear algebra, and senior level finance work)
Summer 2008
10 Hours at main college as post bachelor - 2.569 - (was interning and looking for a job, started work out of city Sept 1st 2008...) (A Programming, C- Multivariable Calculus, C Abstract Algebra)
Fall 2010
9 Hours at main college as post bachelor - 3.443 - (studying to get 2cd degree in Math while looking for work & volunteering) (A Intro to Stochastic Processes, B, B)
Spring 2011
16 Hours at main college as post bachelor - 2.33 (studying to get 2cd degree in Math while looking for work, volunteering, and had a serious skull fracture and was in the ICU. My mom also had a left side stroke that whipped out her entire right side and she almost died. I helped rehabilitate, went to classes to help her walk again, and helped reorganize family savings when my grandfather passed in the same semester). Also, I volunteered at The Houston Heart Association and participated in the largest fundraising event for the year that generated over 1M...
I ended up getting a D in a class that didn't have a syllabus and rotating professors. Lost interest in the class and there was no determination on how much 65% of the grade was determined...
Graduated BS in Math with Specialization in Finance (B+ Mathematical Intro to Options and Futures, B+ Statistics for Sciences, B Fixed Income Math, C- Advanced Linear Algebra II, D Survey for undergraduate math)
97 Hours at main college - 3.224 - Graduated Spring 2008 with Bachelor in Business Administration
Post-Bachelor GPA at Main College: 35 Hours GPA: 2.684486
Overall GPA Including Post Bachelor: 132 Hours GPA: 3.082
Community College GPA: 63 Hours GPA: 2.8
In-Major GPA for Finance: 3.6
Community College GPA: 63 Hours GPA: 2.8
OVERALL GPA - Community College, Undergrad Main College: 3.05705
OVERALL GPA - Community College, Undergrad Main College, Post Bachelor: 2.990892
OVERALL GPA - Undergrad Main College: 3.224
OVERALL GPA - Post Bachelor: 2.684486
Any idea which GPA I should be using when trying to evaluate if I have a shot to get into certain colleges? I will be applying next year with roughly 4-5 years post-bachelor experience. 2 years at a top 10 money manager working as a trading assistant/analyst. Half a year in NYC working as a sales assistant/analyst in investment banking. Now an analyst at a fortune 100 food distribution company in Houston for the past 4 months. The economy hasn't been the greatest since graduating with a Finance degree in May 2008. I had to go back to college for a second degree in Math.
Looking at Part-time programs in Houston: Rice, Texas A&M, and UT Part-time. I really like Rice's professional program and UT's because I can work and go to college at night. Average GPA around 3.4, average age 28, and average GMAT at 640-670. I am thinking a 700 GMAT score and an alternative transcript showing all my junior level and senior level finance related courses along with some advanced math classes, probability, Stochastic processes, and Cal 3, will be good enough. I plan on applying next year when I turn 30 for start when I am 31. I have roughly a 13 months to prepare for the GMAT. I am studying for CFA level 1 in December for the second time I dropped out the first time because i was working like 60+ hours a week. Hopefully pass level 1 this December and level 2 in summer. (working 40 hours a week now)
I started college when I was 21, and worked throughout. Any ideas how to word my story or what I should be aiming for on my GMAT. I am already scoring 600-640 on my practice tests with under 25 hours of study. Using grockit.com and the official guide to the GMAT... I don't see how somebody with a psychology degree and a 3.5 is more valued then somebody with a 3.0 that has degrees in math and finance. it is mind boggling to me. i need to create an alternative transcript i think...I am also on the committee for the US China Educational, Economic & Cultural Foundation (
https://www.facebook.com/pages/US-China ... 6980881019) helping bridge investments from China to the United States. Also, I am not Asian...I'm half Hispanic half Middle Eastern, and I am working towards my CL in toastmasters.
I can get a former supervisor/mentor that was a senior trader at my last job to write an excellent letter of recommendation, along with my current manager, and thinking about a math or finance professor that I took that I made an A in. Either that or try to get a director from my current company to be my 3rd letter.
I am going to apply to all three of these part-time programs, but then shoot for a school that is worth going full-time...
NYU, Chicago, Vanderbilt, or UCLA. I only want to apply to 5 colleges though...Expecting like 10-20% at these schools...The money manager i worked for donated 200M to Chicago school of business and they named the school after the owner "Booth". I was working for the company at the time. That is the only reason why i would apply there because they accept a lot of people with work experience from DFA...
Sorry for the long post, but wanted to really give you a better idea of my situation. Thank you in advance. I think I am 50/50 into the part-time programs in Houston, but I could be wrong?
Kind of worried about what my future MBA applications will have in store for me. I know I will be a bit older then the average where ever I apply, and my GPA will be low with a downward trend in postbachelor. Hoping to make up for it in experience, essays, GMAT score, and a personal statement. I might hire a consultant to help me prepare for my part-time rice MBA application, but I haven't decided yet. All i know is that I started college 3 years later then the norm, and I am set to start my MBA 3 years later then the norm. I am trying to stay focused on executing passing the CFA and mastering the GMAT quant section. I have no room for error because of my age at this point.