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Graduated but an Entreprenuer - Do I stand a chance for MBA

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Graduated but an Entreprenuer - Do I stand a chance for MBA

by tom.coder » Thu Sep 18, 2008 10:49 am
Hi,

I have graduated few months back and I am pursuing work as an Entrepreneur. I started a Web & Software Development firm while in College and have been working on it for 2 years now.

I will be giving my GMAT next month, but before that I wanted to know if I stand a chance in any of the Top 20 Universities, as I do not have much POST-COLLEGE Full Time experience, but obviously have good solid 2 years experience working with Clients in the US & Australia and managing developers & other vendors.

I am looking for General Management programmes
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by Lisa Anderson » Fri Sep 19, 2008 12:23 pm
Dear Tom,

Why is your company not professional, full-time experience? Have you not been working at least 40 hours per week, managing both clients and the work, and running the business? That seems like good experience to me and should not hold you back from pursuing an MBA.

If you have not been working full-time, then you might have a problem as you will need to account for what you have been doing. But I'm going to guess you have been working more than 40 hours per week and have plenty of experience to write about, both on running your business and working with clients.

Best of luck,
Lisa
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by tom.coder » Fri Sep 19, 2008 12:45 pm
Hi Lisa,

I have been working more than 40 hours a week, but as I told I have even been attending my college along with it. I started working as a freelancer in 2005 (2nd Year of my College) and by 2006(3rd Year of College) I started a company of my own and have been managing clients, work, vendors and obviously studying for my engineering degree too. I used to attend around 4-5 hours of college and then work for another 5-6 hours Everyday. In weekends, I use to keep myself busy fulltime with work.

This year, I graduated. I have been thinking of a MBA but I have heard many of the Top B-Schools require a POST-COLLEGE FULL-TIME Experience ? So I am not sure if my experience will be considered by the top 10 colleges.

Another thing, since I have been managing the company along with my studies, I couldn't give my studies much time as it was required of me and may be little less on my GPA score. (Scored 65% aggregate, not sure about GPA equivalent).

My Post MBA plans would be pursuing my work with my company.

What do you think ? Do I stand chance for MBA, and in Top 10 B-Schools ?

Thanks & Regards
Tom


Lisa Anderson wrote:Dear Tom,

Why is your company not professional, full-time experience? Have you not been working at least 40 hours per week, managing both clients and the work, and running the business? That seems like good experience to me and should not hold you back from pursuing an MBA.

If you have not been working full-time, then you might have a problem as you will need to account for what you have been doing. But I'm going to guess you have been working more than 40 hours per week and have plenty of experience to write about, both on running your business and working with clients.

Best of luck,
Lisa
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by Lisa Anderson » Fri Sep 19, 2008 12:52 pm
Dear Tom,

Schools follow reporting standards and "years of work experience" is defined as full-time, post-bachelor's degree. Thus your work experience might not "count" in the sense that you will have "0" years. However, it is important and will be evaluated towards your candidacy for business school. Work experience for many schools is preferred, but not required. You are a good candidate for an MBA; you just need to spend time researching schools and identifying those that can offer you what you are looking for in terms of curriculum.

If you want to continue your company while in school, then you should probably be looking at part-time programs. Most full-time programs have a policy barring students from working during the program; quite honestly, most students in full-time programs do not have time to do anything else so that would be difficult.

Good luck,
Lisa
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