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Profile Evaluation. Unique candidate. Quit Job?

Launched September 22, 2008
Expert replies
by kloakndaggers » Thu Mar 18, 2010 5:44 pm
I have a fairly unique application that I would like your thoughts on.

Age:25
Top 10 engineering Big Ten school
Major:Chemical engineering Co-op Student (CGPA:3.0)
Current Gmat Score: 680 (Taken twice, same score)
Previous internships/co op: General Electric (Engineer)(5 year program)
Current Job: Investment analyst (Citi/MorganStanley since August 2007) & Retail Shop Owner (2006)


I am trying to get into a Top 10 university: Upenn, Chicago, NYU, Dartmouth, UVA, or Texas. I founded a successful online store that I still run in conjunction with my full time job as investment analyst. Although I graduated with an engineering degree, I am infatuated with the finance field. I have worked the last 2.5 years as an analyst for citi and Morgan Stanley and I have decided that I want to attend graduate school to obtain my mba.

I am currently working on an alternative transcript as well as studying for the gmat again.

I usually work from 7 am till anytime between 6 pm and 11 pm daily at my normal day job. I usually come home and work another 5-9 hours for my store. This leaves me very little time for sleep or studying


I am thinking about quiting my position since I feel that I am no longer learning in my current position and I feel my time is better utilized elsewhere. My net store income is over 6 times more than my base salary for my day job so I feel that my time would be better utilized on my store and my gmat prep. I have prepared for the gmat the last year or so but just have not had the time to 100% focus on scoring well.

My main question is what are my chances to attend the schools listed and what would be the consequences of quiting my job and concentrating solely on my store/studies. I feel confident that I would be able to score 700+ and complete my alternative transcript with flying colors if I just had a little more time. Can you please share your thoughts? Thank you
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Source: — Ask Clear Admit |

by Stacey Oyler » Wed Mar 31, 2010 3:23 pm
Hi,

Thanks for your post. In regard to your question about quitting your job to study and work on your store, I think the answer lies in your post MBA goals. If your goals are entrepreneurial in nature, then perhaps transitioning your store to your full time role is a good idea, however, if you plan to work in financial services it might not be such a good idea to leave your current job. Think about your short and long term post MBA goals and which job will get you one step closer to achieving them.

Best,

Stacey
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Stacey Oyler
Clear Admit, LLC
[email protected]
215.568.2590

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