pls evaluate profile - joint family bsns, India

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Hi, Im a 24yr old guy from India, planning to apply this fall for the classes starting in 2010.
My particulars are listed below.

Did my schooling from one of the most reputed schools in India, and got 92% in the 10+2 levels (Indian School Certificate) in 2003.

GPA- I dont know how to convert my score to a GPA at Undergrads levels, since we dont have a GPA system in India. I scored 68% in both the University level annual exams held in the 2nd and 3rd(final) year
(60% is considered a First Class in India) from St. Xavier's College, affiliated to Calcutta University in mid 2006.

GMAT- 1st attempt (Dec 2008) Q34(40%) V27(43%) AWA 5.5
2nd attempt(May 2009) Q44(70%) V31(66%) AWA 5.5


Work Experience -
Family business profile - manufacturing and retailing of diamond studded jewellery; the firm is well-known across India, and has 3 outlets.
mid 2003- mid2006 - worked part time during my undergrads in my family business, learning the basics of the industry as well as receiving training directly under senior-most members
Post Grad-
june 2006-2007 Feb - worked in the inventory management dept
feb 2007-Aug 2007 - Did the Graduate Gemologist diploma course from Gemological Institute of America, Carlsbad, California - receiving an average of 92% in the final tests

Aug 2007- June 2008 - promoted to the sales team and inducted into the purchase and quality control depts

June 2008 - present - Heading the purchase and sales dept, and managing the quality control dept of the company
note - becoz of the nature of the business, at each point of progression, I have had to lead/supervise a team ranging from 4-15 members, depending on the nature of the task(I can expand on this if u want me to)

ExtraCurriculars - founding member of the Chess Club, active member of the Computer Club and Nature Club in High School
Actively helped in organising the College annual fests.
Have been involved with a local NGO twice in the past two years

Personal facts -playing cricket, badminton, squash, swimming, table tennis. travelling-been to australia, new zealand, spain, germany, UAE, hong kong, singapore, bangkok in the recent 2-3 years for business and pleasure as well. A good knowledge of and keen interests in computers and gadgets.

Im aiming for the top 20 schools. Please advice as to what are the features I should look for in a school so that it 'fits' me.
I plan to expand my family business, and also want to gain the basic necessary knowledge and confidence to venture into a new business on my own a few years after my graduation.
Also, please tell me if its advisable to re-take the GMAT. If so, when shud I take it? Im in the early stages of my research right now.Frankly, I got a bit nervous in my second attempt, and was getting around 660-670 in my practice tests(GMATPrep) a few days before the actual test. Im sure I can manage atleast 40-50 points above 600, if not more, with another 30-45 days of prep.
Also, should I apply in R1, or R2?

waiting for your help and advice
thanks

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by Lisa Anderson » Sun Jul 12, 2009 2:51 pm
Dear vkb16,

You do have time to take the GMAT again and still submit your applications in either round 1 or 2. There is not a disadvantage to round 2 over round 1, but I think sooner is better with regards to business school admissions. I encourage you to visit the sticky on school selection for helpful tips on identifying schools. Generally, you are a competitive applicant for a program where your GPA and GMAT are at or above the average. Since decisions are made on more than the numbers, your professional work experience, recommendations, essays and interview will also play a critical role in the decision. Thus identifying schools where you are in a competitive range in terms of GPA/GMAT is the quickest way to identify potential options, but being high on those two measures does not guarantee admission. As for "fit", that would be a school that offers you what you are looking for in terms of curriculum and resources and where you feel comfortable in terms of culture.

Good luck,
Lisa

Good luck,
Lisa
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by vkb16 » Sun Jul 12, 2009 10:29 pm
thanks a lot for the prompt reply Lisa!

can you share your initial impression/thoughts on my profile? I mean are there any areas I need to work upon (except GMAT)?

also, how go I convert my undergrad scores to a GPA? do I need to contact individual schools, or do they already have a good idea of Indian scoring system, in which case I may not need to convert the scores?

about R1/R2, are there some schools I need to be aware of, where its more advisable to apply in R1 than R2?

thanks again! :)
[/quote]

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by vkb16 » Sun Jul 12, 2009 10:59 pm
***forgot to add..

for my undergrads, I had done B.COM, majoring in Accounting and Finance

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by Lisa Anderson » Mon Jul 13, 2009 2:48 pm
First, you need to verify if you are eligible to apply with only a BCom to your target schools as many schools will require you to have a MCom or another degree that would make your education equivalent to a 4-year US bachelor's degree. The most accurate GPA conversion would be from a credentialing service. The service would also determine whether or not your education is equivalent to a 4-year degree in the US.

With regards to your profile, there are no significant weaknesses in your profile. However, the strength of your application will be relative to the applicants you are competing against at your target schools. For a top 20 program, a GMAT below average will put you at a slight disadvantage. If you can present a compelling case for admission and convince the admissions committees you will succeed in the classroom, then you might have a shot. The top 20 schools are highly competitive and selective, so you might want to broaden your research to schools in the top 40 when determining where to apply.

Good luck,
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by vkb16 » Mon Jul 13, 2009 11:23 pm
Hi Lisa,
First of all, Im really greatful that uve replied to my posts so promptly and aptly!

I have a few more queries..

Ive decided to re-appear for the GMAT, as I dont think the second attempt score was representative of my potential. What score do u think would put me in the competitive range? I dont know whether I can get 700+, but im sure if I work hard enuf, I can manage at least in the 650-700 range. Also, am I at a disadvantage having to appear for the third time? And is the fact that I managed a 70 point jump between my 2 attempts an aspect that the AdCom will think about positively?

Also, can u suggest the names of any credentialing services for converting my scores to GPA? or suggest where I can find one?

thanks again for the crucial info! really appreciate it! :-)

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by Lisa Anderson » Wed Jul 15, 2009 3:05 pm
The two must trusted credentialing services are World Evaluation Services and Global Credential Evaluators. Either of these will work for you.

Taking the GMAT three times is not a negative. Schools will see your previous attempts on your score report, but most schools only use the GMAT attempt with the highest total score in your evaluation. Depending on the schools you are targeting, a GMAT in the 650-700 range could be a competitive score. If you are targeting only top 20, then you will lessen your chances with a GMAT score below a 700. Thus I think it might be prudent for you to research some schools outside the top 20 as possibilities for you. You might be pleasantly surprised at the great programs you will find.

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by vkb16 » Thu Jul 16, 2009 12:26 am
thanks a lot for the precise input Lisa!
I must say, with people like you to help us, the humongous application process becomes that much more simpler!
You're really very helpful!

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by vkb16 » Mon Nov 16, 2009 10:30 pm
Hi Lisa, I just gave my GMAT yesterday and got a 670!
Is it a good enough score to improve my chances at the top 20 programs? If not, also, do u think its wise to apply next year vis-a-vis this year so that I can show more work ex in my profile?

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by Lisa Anderson » Tue Nov 17, 2009 7:21 am
Congratulations on your new score! Your chances have improved, but a top 20 is still a reach for you. I think you should apply to 2-3 that are a great match for you, but also apply to 2-3 outside the top 20 that are a good match for you.

Best of luck,
Lisa
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by vkb16 » Tue Nov 17, 2009 11:48 pm
Hi Lisa, thanks for the quick reply!

do u think its wise to apply next year vis-a-vis this year so that I can show more work ex in my profile?

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by Lisa Anderson » Fri Nov 20, 2009 6:01 pm
It is not the quantity of experience that matters as much as the quality. If you will gain experience in the next year that will add value to your resume, gain depth in your field, then it might be worth the wait. Also, if you do not feel you can put together a quality application by the deadline you want to hit, then it might be advisable to wait.

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