Profile eval: GMAT 680, 3.5yrs Exp Investment Banking

Launched June 18, 2009
This topic has expert replies
Newbie | Next Rank: 10 Posts
Posts: 8
Joined: Mon Oct 28, 2013 7:54 pm
Hi,

I want to study at INSEAD or LBS. It will be very helpful if you could give me some advice regarding the following questions:

1. Should I take the GMAT again based on my profile?
2. Any other facets of my profile that I should work on?
3. Will taking the GMAT again reduce my chances of getting into my target schools?
4. What is valued more by these schools: International exposure with limited skillset or little international exposure with a diverse skillset?

GMAT Score: 680 (QA: 50 (89%); VA: 31 (60%); IR: 3 (23%))

Experience: 3.5 yrs
1. 2.5 yrs as an Investment banking analyst in a bulge bracket investment bank. Over the course of this period I have worked directly with the NY team as part of a team extension model. I have also had the chance to work in NY for a month. In addition to that, I am the top ranked analyst in the IBD division. I have also been given the offer the join the NY office.

2. 1.0 yr as a Design Engineering in a leading US based Semiconductor designing firm . My work entailed designing semiconductor chips for clients. No major achievements here because I was there for only a year and the recession had just started so all their major projects had bee scrapped.

Education:

1. MBA - Top 10 bschool from India (Ranked among Top 10% of the batch)
2. B.E Electronics & Communication Engineering: Top 10 engineering school (Rank 4)
3. CFA Level 3 candidate
4. FRM (All levels cleared)


Extra curriculars
1. Founder and Head of the Entrepreneurship cell at my bschool
Awarded a certificate of leadership for the same by the National Entrepreneurship Network
2. Event organizer of a few technical and cultural events at my engineering college

Purpose / Motivation
1. Why second MBA?
I want to start my own PE / Asset mang. fund in the APAC region.
Thus, I want to go to a top notch school such as INSEAD that will help me in the following ways:
Globalize my network: It will help me raise capital and business from different parts of the world
Get some work experience in the PE / Asset mang space + learn the nuances of business in different parts of the world
Global brand name

GMAT/MBA Expert

Master | Next Rank: 500 Posts
Posts: 344
Joined: Thu Apr 25, 2013 12:55 pm
Location: Raleigh, NC
Thanked: 52 times
Followed by:11 members

by mbaMissionJenK » Wed Oct 30, 2013 7:05 pm
Hi there,

Thanks for your post.

The first thing that jumps out at me is the fact that you are looking to get your 2nd MBA degree. You have addressed that in your post in terms of reasons you are interested in the degree from LBS or INSEAD, but please know that many admissions committees and business schools are hesitant to accept candidates who already hold an MBA degree. It is so competitive at top programs, and there are so many candidates who apply who are also well qualified but don't have an MBA and truly NEED it to reach their next steps... so it's difficult to make the case that someone with an MBA degree already should be admitted over those candidates, for example. Some b-school admissions officers have told us they've never admitted a 2nd MBA candidate. However there have been occasional stories of 2nd MBA candidates being accepted to specific schools, with extremely strong profiles. I would suggest getting in touch with LBS and INSEAD and asking them if you are eligible for sure, and if there are any current students or recent alum from their program with a 2nd MBA that you could get in touch with to ask questions (admissions offices are generally willing to help you get in touch with students of similar profiles). LBS also offers an initial resume review opportunity I would encourage you to make use of.

Looking at your profile beyond the 2nd MBA factor, your quant score on the GMAT is great, but I would consider re-taking to see if you can increase your verbal in order to get over 700 or so. No, re-taking will not hurt you, schools take the highest score and re-takes are common.

In terms of other areas that you would want to illustrate within your profile, I would like to see (if I were making an admissions decision) examples of leadership, teamwork, results achieve, impact made, and also some involvement and interests outside the work place.

In terms of skills vs international experience, I'm not sure of the rationale behind the question but both are valued, and certainly making an impact in your role and demonstrating leadership, in addition to straightforward skills, would be first and foremost, and international experience is also greatly valued at both programs you mention.

Good luck on your decisions!
Jennifer Kedrowski
MBA Admissions Consultant
www.mbamission.com
[email protected]

Register for a Free Consult from mbaMission: https://www.mbamission.com/consult.php

Visit the mbaMission Blog: www.mbamission.com/blog

Follow mbaMission on Twitter: https://twitter.com/mbaMission

Like mbaMission on Facebook: www.facebook.com/mbaMission

Read the Free mbaMission School-Specific Insider's Guides: www.mbamission.com/guides.php?category=insiders