Profile Evaluation for Masters in Financial Engineering

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Newbie | Next Rank: 10 Posts
Posts: 4
Joined: Tue Sep 07, 2010 9:40 am
Nationality: Indian
Age: 28
GMAT: 660/82% (Q48/82%, V32/64%) - AWA: 5.0

Education:
1) Graduate: MBA Finance from ICFAI Business School Hyderabad - mediocre B-School in India
GPA : 7.49/10
2) Undergraduate: Engineering from National Institute of Technology, Rourkela - One of the premier engineering schools in India.
Scored: 72% (not percentile), 2nd Position in the batch.


Work Ex:
(1) 2 years (after undergrad) as Assistant Manager Production with India's largest cement producer.
(2) More than two years (after MBA) as Research Analyst: commodities with India's largest propriety trading firm. The firm trades derivatives in commodities, interest rate products, stocks indices and currency that are traded at world's most active exchanges.

Goals:
To attend 1-2 yrs program in Financial Engg.
To extend my current exposure to more specialized field of quantitative finance and later to join a trading firm or a bank (trading desk) as a quantitative analyst.

Schools:
CARNEGIE MELLON : MATER IN CONPUTATIONAL FINANCE
Bendheim Center for Finance at Princeton University : Maters in Finance
BARUCH COLLEGE : MASTER PROMRAM IN FIN ENGG
HASS SCHOOL OF BUSINESS : MASTER OF FIN ENGG
COLLEGE OF BUSINESS AT ILLINOIS: Master of Science in Finance Program
RUTGERS BUSINESS SCHOOL : MATER OF QUANTITAVE FINANCE

I know that my GMAT score is not as high as it should be. But I also feel that a past experience in a trading firm and an Engg+MBA Finance background, can boost my chances in Financial Engineering course. I am also considering retaking GMAT, I can increase my quants score to 49-50.
What do you think are the chances of my admission? Could you suggest some schools considering my current score?
Source: — Ask an MBA Admissions Consultant |

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by Tani » Mon Oct 25, 2010 7:13 am
Your prior MBA would be a disadvantage if you were applying to a full-time MBA program. It should be less so for these specialized programs. I am not as familiar with these specialized degrees, but it looks as though you have identified the relevant schools. You might want to dig a bit deeper to see what the average GMAT scres are for these programs. That would help you evaluate your chances.

Your trading experience should help, especially if you have strong recommendations form your supervisors.
Tani Wolff