a real possibility or merely a dream?

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a real possibility or merely a dream?

by MTRH » Fri Jul 25, 2008 9:15 am
Lisa,
Thanks for referring me to the post, as I mentioned I was hoping you could help me out, you seemed pretty straight forward in the posts I've seen and I would like to get your opinion on my chances of getting into a top MBA program. I apologize for the length of the post, I guess I got a bit too excited typing jejej so please don’t get discourage and read on!

thanks a lot!

I'm planning on applying on the 1st round of 2009 so I still have some time to work on things that may improve my chances and I would like to take advantage of it.

They main weakness I see in a future application would be my academic history. I went to the public school here in Argentina for 2 years (I worked for a while during those years) didn’t even completed the 1st year (one subject short).
Switched to a private school which is considered one of the best in Argentina and graduated with a 6/10 average (4 is passing and its suppose to be about 60-70%... but even considering this is pretty low) and it took me a while to graduate. (about 2 and half extra years).
There are two reasons for this 1) I didn’t put the necessary effort as I really didn’t mind about the grades (did care about learning though) 2) I used to work to the US during my summers which meant I would leave school early and come in late so I had to retake some classes or take make up tests; in some of this cases a few professors wont let get more than a certain grade (in my transcript you can see a subject where my grade is 5/10 when I aced the exam). The first I regret, the second I don’t, I think it was an amazing experience.

I got a scholarship from my school to take part of an "executive program" in finance base on my finance grades (they show up as a 6 because of some of the reasons I just stated, but it was much better). I'm thinking about either enrolling into a finance master's here in Argentina or trying to get the CFA level one before the application to show I can cut it academically.

I've only started studying for the GMAT last week, but I'm confident I can do well in it and I will definitely put in the effort.

I had a lot of extracurricular in high school. I was school captain, rugby captain, I was in the track team and in the math Olympics jejej I did a bit of everything and did fairly well. During college I only did some teaching helping poor kids with school. One of my jobs during the first 2 years of school was basically a volunteer job at a children’s hospital. I would very much like to get involve in something again, the truth is I miss it.
Besides some minor jobs those two years, working as a ski instructor and other jobs of the sort I've only had two jobs. the first was writing a manual about reading financial charts which was a joint project between my school and the Buenos Aires Stock Exchange.
The other one (my current job) I got after graduating. I'm a Sr. Analyst at a small investment banking firm. I mainly value companies, but my bosses seem to be really happy with me (I’m not trying to seem full of my self) and I continue to get more and more responsibilities. I am now leading an M&A deal for the first time, I trained the other two analysts working at the company, Some reports I've done were picked up and are now the model we use to report all new M&A deals to the clients. When our main costumer (a foreign investment fund) said that he wanted us to value financial companies because they were planning on switching to that industry, which was something non of the partners had any experience doing, I was put in charge of it and the client seemed very happy with the results. Being a small place they allow us to innovate so I have been able to impact the company in different ways which I think will be good for the application.

I will get good recommendations from my bosses and they will be willing to work on them with me, but none of them have masters from American schools (only one has a masters) and the place is not well known. I had the opportunity to work at Lehman but I chose the smaller firm cause I figured it would give me a greater chance of taking on responsibilities and learning rather than just looking at my little piece of the puzzle, and I believe I made the right choice.

Anyway.. that's pretty much it. I apologize again for the length of the post and I hope you are will give me your opinion. Like probably everyone else here, I’m hoping to apply to a top B-School, but I know that the process is extremely competitive. Keeping in mind that there are still ways to improve certain things for the application and assuming I do well on the GMAT; I would like to have an idea of whether a top school is a real possibility or merely a dream. Also your thoughts on the masters in financer vs the CFA (or either) to improve the academic history, as I see pros and cons on both...

thanks a lot for your help,

Sincerely,
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by Lisa Anderson » Sat Jul 26, 2008 7:48 am
Dear Martin,

If you score well on the GMAT, then I do think you could be competitive for a top 25 program. You should be aiming for something over a 650, with 680+ being the best range. Your work experience is strong and you have some interesting international experiences to share. In terms of the masters or the CFA, I think the masters would have more impact to demonstrate your ability to succeed in the classroom.

Best of luck,
Lisa
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by MTRH » Sat Jul 26, 2008 10:59 am
Thanks a lot for the input lisa,

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by lgreen » Wed Aug 13, 2008 10:31 am
MTRH wrote:Thanks a lot for the input lisa,
hello all,
I agree that you have some interesting "life experience" to offer. This will help you attain the goals you are going for, in many ways. Best of luck and enjoy the journey!
All that glitters has a high refractive index.