Profile Evaluation and Advice

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Profile Evaluation and Advice

by ashkonj » Thu Dec 24, 2009 10:29 am
-23 year old male, U.S. born citizen.

-I graduated with a 3.9 GPA in Finance, 4.0 major GPA from a #30 ranked undergrad business school.

-2 years work experience as a financial analyst at a top technology company. Got a promotion 1.5 years in. Plan to work for another 1.5-2 yrs as is detailed below.

-gmat shooting for 700+

Extracurrics:
-started own nonprofit that is a 501c3 registered U.S. charity
-board of director and treasurer for a nonprofit that focuses on the intersection of business and the environment
-Lead volunteer at a top 5 business school's social entrepreneurship program
-had a small online marketing business on the side
-toastmasters

My whole "angle" and reason for going to business school is to pursue social entrepreneurship. I think my extra currics speak to that fact. I am hoping to get into a top 10 school, top 5 preferably.

Also, in order to achieve this goal and since I've worked 2 yrs in finance, I am thinking about quitting that job and working full time on my nonprofit to really build it up. I think that would speak more to my commitment to the field and why I want an MBA, and is something I frankly would enjoy more than working in my current job.

What are your thoughts?
Would a person with 4 yrs work experience in finance at a top tech company be better off than someone with 2 yrs in finance and then 2 yrs running their own nonprofit? How do you think companies recruiting MBA students would look at that?

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by Stacey Oyler » Mon Dec 28, 2009 2:15 pm
Hi,

I think it makes perfect sense that you would choose to leave finance to pursue a career in non-profit. If you are able to take on a role that is one step closer to achieving your post MBA goals it will certainly be viewed as a wise decision on your part. I think you'll just want to be sure to elaborate on your short and long term post MBA goals in such a way that the adcom doesn't assume that you can achieve them without an MBA given you are already in the non-profit world.

Best,

Stacey
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by ashkonj » Sat May 15, 2010 5:03 pm
Since my last posting (above) 6 months ago I'd like to share some updates. I will be applying early R1 and want to see whether I have a good shot at getting into at least one of these schools. Also, whether I should apply to either or both of the safety schools listed below, or just wait to R2 in case I don't get into any of my 7-8 target schools.

Updated information
-700 GMAT Q47 V40
-My resignation in my prior corporate finance job to run my nonprofit full time has went really well. The organization has received a very generous grant and has made other significant accomplishments since my fulltime involvement.
-I started hosting a talk series in the social enterprise field that is sponsored and published by a top 3 business school where I have been working for the past year (I interview leaders in a variety of sectors and then publish the talks) (I have also received a letter of rec from the Associate Director of the program I'm working with)
-Why an MBA? I want an MBA to broaden my business and management skills in order to scale up my social enterprise, and I'm specifically targeting schools with strong social enterprise programs
-Starting another nonprofit initiative but at the very early stages at the moment

Stanford
Harvard
Wharton
Columbia
Yale
Haas
MIT
Northwestern (not sure if I will apply here)
UCLA (safety)
NYU (safety)

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by Stacey Oyler » Mon May 17, 2010 10:21 am
Hi,

Thanks for your post. I am glad to hear that your nonprofit is doing so well! I know it must have been a huge step for you to make the decision to pursue it full time, and I am glad to hear it is working out.

In regard to timing of your applications, it really is best to apply in round 1 whenever possible - even for your "safety" schools. Round 2 is generally the largest round at most schools and in addition to be compared to everyone applying in that round, you'll also be compared against everyone who was accepted in round 1. Round 1 tends to be a smaller round and it also can send a nice message to each school that they are perhaps your first choice, which is always a good thing!

In regard to your school selection, you have a long list of very competitive programs. Your GMAT is a bit below average at most of the schools on your list. I strongly encourage you to consider retaking it to help improve your chances of admission. Even though you work in nonprofit at this time, you spent the majority of your career to date in finance and most applicants coming from financial services have higher GMAT scores. I'm not implying that the GMAT is the only factor in making a decision, but it does have an impact on the final decision by adcoms. Improving your score to 720+ will certainly help strengthen your profile.

Best,

Stacey
Sign up for my MBA admissions course, featuring me and other Clear Admit experts, by visiting: https://www.udemy.com/business-school

Stacey Oyler
Clear Admit, LLC
[email protected]
215.568.2590

Stay Informed with Clear Admit!
Read our Blog for daily MBA admissions tips and updates.
Follow us on Twitter for breaking b-school news.
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