MS Admits from M7 and top 10 Bschool versus MBA next year

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Hi there,

I am Bob from India. I have an acceptance for the Master of Finance / Management programs from 2 major business schools (one M7 and other top 10), but I am contemplating on applying for an MBA and then going for an MBA next year instead. My preparation for b school is on track - just wanted to understand my shots before I hire an admissions consultant in a matter of few weeks.

I have been an analyst at a Bulge Bracket bank since 2 years and if apply for my MBA now, so that I start B - School with 3 years of work experience, what kind of schools would I have a shot at ? Would appreciate any 2 cents on this situation of mine, thanks a lot ! Appreciate a prompt response if possible as I need to take the decision regarding my Master's acceptances in three days.

Some details are generalized in order to preserve anonymity.

24 year old male, will be 25 when I start B school if I get accepted.

Education : Chemical Engineering from a top 8 engineering college in India (not IIT)
CGPA : 9 on a scale of 10 - top 10 % of class

GMAT : 720/800
GRE : 327/340
TOEFL : 117

Work experience :
1 year as a Team Lead (leading 3 people) in BB bank in Risk Management
1 year as an analyst in BB bank in Risk Management - got best performer of team award
Summer internship in BB bank in Risk Management
Summer internship as a research intern in a top university in Europe during college

Please note, in my company, the official designation is not analyst / senior analyst but something else. That same designation holds for analysts and senior analysts/team leads. So on paper, I have been not been promoted as such from analyst to team lead. Although first year I worked in the capacity of an analyst and second year in the capacity of a team lead, my on paper designation has been the same as what the company awards for all senior analysts, team leads and analysts alike. My recommenders are however ready to mention this distinction in my letters so that can serve as some sort of proof.

Extra-Curriculars:

1 year teaching underprivileged school kids basic English 4 times a week through a popular Indian NGO

4 months worked a human capital consultant for a major, old international NGO : advising strategies on best practices to employ disabled persons in microfinance organizations - conducted interviews with microfinance organizations and disabled persons. Results published on the NGOs website

Been on my company's philanthropy committee for eight months - have coordinated and organized three philanthropy events for the company

Led the sponsorship team during college to raise funds for the college's cultural festival

Recommendations : Can get stellar recommendation from company's director from London , second one from reporting manager who is a Vice President in India, and third if needed from then from the company's city philanthropy committee's head who is a Vice President in India

Other details : Love cooking food - have a food blog which has somewhat moderate traffic, love traveling, have been to USA, Europe, South East Asia and Middle East.

Will be visiting B Schools ASAP in the coming days or once the summer ends - will plan to visit almost all schools.

The India office of my company has no major track record of sending applicants to B schools as the teams have started recruiting undergrads just recently, but we have 2 people going to Chicago Booth and CMU.

I am a closeted male who wish to use the transformative experience in B school and of living in a developed country to come out and inspire fellow closets to stand up for who they are.

Post MBA goal : Financial services consulting in a major consulting firm.

Schools : Plan on early round / Round I for all of these.
H/W/S / Chicago
LBS / Columbia / INSEAD / Kellogg / MIT Sloan
Tuck/NYU/Haas / Duke
Cornell / UCLA / Darden
Kelley / Emory / Yale / Tepper

Please note, If I go for my MBA, I will be rejecting Masters admits from two of the above schools, not sure if they will accept me when I apply for their MBA program.

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by Jon@Admissionado » Mon Apr 07, 2014 6:39 am
Hey Bob,
Well, it seems like you have a fantastic thing in the hand, one that can get you a fantastic job, and also help you reach your goal of developing yourself personally and professionally in a fantastic program. So my question would be: Why reject this fantastic thing? I mean, I assume you applied because you are interested in Finance. And the type of postMF and postMBA jobs you get can be very similar. Aaaaand as a final resort, if you want you can always apply for an MBA in 2-3 years after you work a bit more after your MF. ACtually I don't see any reason for you to reject this wonderful opportunity, unless you are 100% sure you do NOT want to work in finance.


Let me know your thoughts dude,
Jon
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by bobtyson » Mon Apr 07, 2014 2:07 pm
Thanks Jon for the prompt reply, I really appreciate it.

Well, I am all for the MSF programs, but I realize that with 2 year work ex. into the program, I will have to apply for analyst level jobs. While if I wait for a year, I can apply at the Associate Level once I complete my MBA. Secondly, you are right, another reason why I am thinking of an MBA is so that I can have a wide variety of options available. Thirdly, there are some personal constraints too that might favour me doing an MBA next year.

Thanks for the amazing feedback, Based on my profile, what do you think are my chances at the schools I mentioned (if I apply for an MBA) ?

Would really appreciate the help. Thanks.

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by bobtyson » Mon Apr 14, 2014 12:53 am
Hey Jon, sorry to bother. Would really appreciate any reply on the above if possible. Thank you very much for your help.

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by Jon@Admissionado » Mon Apr 14, 2014 3:20 am
bobtyson wrote:Thanks Jon for the prompt reply, I really appreciate it.

Well, I am all for the MSF programs, but I realize that with 2 year work ex. into the program, I will have to apply for analyst level jobs. While if I wait for a year, I can apply at the Associate Level once I complete my MBA. Secondly, you are right, another reason why I am thinking of an MBA is so that I can have a wide variety of options available. Thirdly, there are some personal constraints too that might favour me doing an MBA next year.

Thanks for the amazing feedback, Based on my profile, what do you think are my chances at the schools I mentioned (if I apply for an MBA) ?

Would really appreciate the help. Thanks.
Hmm, I see. It's a tough call here. I think that with your profile and experience, you should have a shot at some of the good Top 10 programs, although do realize that schools like H/S/W take the large majority of their Indian candidates from the IIT graduate pool. Buuuut let's say that if you were to apply to some schools of the first four lines of your suggestions, I think you should be able to get an admit.

I'll leave the personal issues (of when is better and why and so on) to you to figure out :) and it sill is somewhat of a risk, but if it's better for you, I think you can get into pretty good MBA programs.

Best,
"Hands down the best MBA admissions consulting firm of all-time, and boy, what an incredible founder!" -- Raj Patil, Founder of Admissionado

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https://admissionado.com/mba/reviews/
https://www.glassdoor.com/Reviews/Admis ... 700945.htm

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by bobtyson » Mon Apr 14, 2014 4:21 am
Thanks a lot Jon for your reply !

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by Jon@Admissionado » Tue Apr 15, 2014 12:31 pm
You got it man,
Let me know what you decide, and if there's any way I can help, just drop me a line on the website,

Best,
JF
"Hands down the best MBA admissions consulting firm of all-time, and boy, what an incredible founder!" -- Raj Patil, Founder of Admissionado

Something for everyone:
https://admissionado.lpages.co/admissio ... nter-2018/
https://admissionado.lpages.co/50-essay ... ked-vol-4/
https://admissionado.lpages.co/case-studies-lp/
https://admissionado.com/mba/reviews/
https://www.glassdoor.com/Reviews/Admis ... 700945.htm

Reach out, and let's gab. Our only requirement is that you don't prefer warm milk over cold milk. Everyone else, 100% welcome.
Email: [email protected]
Phone: 866-409-4753
Hit us up on WhatsApp.
Ping our satellite: 0884#&@-2#101101
Contact us via web form you lazy git: https://admissionado.com/contact/
Mostly, email Claudia.