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by Gmat0826 » Sun Mar 24, 2013 3:28 pm
Hi,

My background is a bit unique compared to most b-school aspirants. After graduating high school, I enrolled at a middle-tier city college and ended up with dismal grades before calling quits after five years with a GPA slightly below 2.0 (120 credits). Since I knew school wasn't for me, I decided to work full-time in my family-owned business. After about a year, I had a revelation and found my passion in finance, which led me to enroll in a community college and eventually graduate in the top of my program (designed as a 2-year program) after one year (by taking a combination of day-time, evening and weekend classes), while attaining a 4.0 GPA (60 credits).

After graduation, I was fortunate enough to be admitted to a top-50 undergraduate business program, a dream come true considering my circumstances. As a full-time student taking either 5 or 6 courses per semester, I was also interning every semester for various front-office positions as an intern analyst: asset management, investment banking and commercial banking. My GPA will be roughly 3.6 by graduation (would have been higher if I didn’t intern 20+ hours while taking a full-course load) and I will be working in corporate finance as a full-time analyst in syndications. In terms of extracurricular activities, I joined a finance club at school (non-leadership role) and volunteered sparingly for various institutions during my time-off.

Currently I’m in the process of preparing for my GMATs and my practice exams scores are about 690-710, but I still have a few months to go, so hopefully I can push my score towards 720-740. I’m not sure how B-Schools view an applicant’s age, but I will be 29 by the time I start my full-time analyst program with the hopes of attending B-school by the age of 31-32.
What type of schools will take an applicant with my background? I know the best and brightest students apply for the best schools in the country, but what are my chances? What are the reach schools and realistic schools at this point? Thank you for your time.
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Source: — Ask mbaMission |

by milimbamission » Tue Mar 26, 2013 7:29 am
Hello,

Sounds like you've been through a lot! Congrats on turning things around.

I think that your odds at top programs are going to be a little slim, even though you've really changed your life for the better. The reason is less to do with age, but experience. You've definitely demonstrated that you are determined/motivated and smart/capable, but you haven't had an opportunity to display leadership on the job (outside of internships and the family business) and you've spent the majority of the last 10 years in school. Signing up right away for even more school could send a red flag through the ad coms' heads.

I'd say your best bet would be to get some really strong full time experience (3-5 years) under your belt after you graduate. Then, reassess whether you even need an MBA, and if so, apply(even though you'll be older). I think you need to prove yourself in the workplace and have a really strong career narrative before the adcoms will be convinced (1-2 years of work experience may not be enough in your case).

I also suggest that you sign up for a free 30 minute phone consultation to get additional perspective. There's no really "right" answer here, it's a tough decision and you're going to be a bit of a wild card applicant based on your past history, but it's definitely possible to get into a strong program once you've built out the rest of your profile.

Good luck,
Mili

Mili Mittal
Senior Consultant
https://www.mbamission.com
 
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Mili Mittal

https://www.mbamission.com

Read the mbaMission Insider's Guides (16 individual school titles)

Download [url=https:// https://info.mbamission.com/MBA-Personal ... ent-Guide/]mbaMission’s Free Personal Statement Guide[/url]

Visit the mbaMission Blog

Follow mbaMission on Twitter
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