Profile evaluation

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Profile evaluation

by saransh11 » Sat Aug 20, 2011 5:58 pm
Hi Guys - I m yet another Indian male with work-experience in Finance IT. Wanted your feedback:

Age - 29 (turning 30 in a month!)

GMAT:

Total Score: 710 (92 percentile)
Quant: 48 (80 percentile)
Verbal: 40 (89 percentile)
AWA: pending

GPA: 81% marks from University of Madras in Computer Science, graduated with "distinction"

Additional Certs: CFA
Work Experience till now - 6.75 years

I work at Goldman Sachs in New York as an IT/quant type guy for a trading desk doing programming for a Prop desk's risk management system. Also do some automated trading strategies. The trading book is > $5bn and I m the main tech lead. Since its based in brazil i ve gotten to travel down there for work as well. Also got promoted to VP earlier this year, and manage a couple of people.

I m looking to segway into the asset management/investment management business, specifically either a hedge fund or as a portfolio manager sort of opening at a buy side shop. Also interested in trading gigs. I do harbour some dreams of private equity/venture capital since I m involved in the NY Tech start-up Meetup scene but I dont wanna throw that into my admission essays since I feel I dont have a connecting theme there yet.

Extra-curricular: Did after school tutoring with a volunteer group for 3 years, and for the past 5 years, I ve done at least one bike ride or cancer-run sort of fund raising event every year. I was a pretty good student in school and have tons of awards for quizzes, improv events etc(pretty random) as well as some honor certificates for academic accomplishments.

I am targeting the Top 10 B-Schools. I ve got these on my list so far:

Booth
MIT
Columbia Uni
Wharton
Harvard
LBS

Also have NYU parttime mba as a backup since my work will pay for me to go parttime, although a big motivation for me to leave my job is basically to effect a career change and I m not sure how effective a part-time mba will be on that front.

I m not thrilled about my GMAT score being a touch low, especially since I tested higher in practice, so definitely taking the test again.

My worry is the usual overcrowded pool of male Indian IT guys/engineers with extremely high gmat scores. I m also worried about being too old and locked-in to my current job path since I ve been here nearly 6.5 years, and would be above the average applicant's age at a lot of schools.

Do you think I have a decent shot? I m also gonna put time in school visits as school kicks off the next couple of weeks, do you think that could help as well ? (will visit all schools except LBS!)
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by Jon@Admissionado » Sun Aug 21, 2011 12:25 am
Okay to start from a direct an honest point, you are in a bit of an overcrowded profile, and you are getting on in your years (still younger than me tho!) :)

But you DO have the distinct advantage of working for GS in NY, which maybe of your countrymen do not have. It's a nice name to have your resume, plus working in the US helps.

that having been said, given your age etc. you are playing it relatively risky to apply to only the schools on your list. You might add some more schools to balance things out (i.e. Johnson, which is super strong for finance, but will provide you better chances) or, if it's relevant, EMBA programs.
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by MBAPrepAdvantage » Sun Aug 21, 2011 6:34 am
University of Madras is a very good school (on par with the NITs). As you know your GMAT is a little low for an Indian IT applicant so you should try to raise your scores.

Although you should still apply to your target schools, I agree with the other poster in that you need to add some less selective schools (Cornell is a great suggestion) that will still help you accomplish your goals).

Given you already work at GS have you thought of trying to transition to the asset management/investment management from within the company? I understand this is difficult but still doable. Maybe you would initiate these discussions in the same discussions about paying for your part-time MBA.

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by apphelp » Thu Sep 01, 2011 4:04 am
Hi Saransh,

We think you have a decent shot especially at Columbia & MIT.
710 is not bad at all for a person with 7 yrs of experience.

Also, you are from a diverse category. CFA + Goldman Sachs experience will really help you differentiate yourself from rest of the Indian applicants with a similar profile.

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