Evaluation Request - Apply for 2010 or 2011?

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Evaluation Request - Apply for 2010 or 2011?

by bichoo » Mon Mar 29, 2010 10:09 pm
Hello,

I've spent the past few months thinking of about an MBA, researching schools, and the various career paths I can leverage with the degree. I have finally now decided this IS what I want to do: I want to get an MBA from a great school and become a Management Consultant in a top firm.

Having made this decision, I'm not sure if I should apply for 2010 or wait for 2011? I really only have about 6 weeks to get everything together before the deadlines (650+ gmat, essays, rec. letters). I personally think its too much to cram into a short period of time, but not impossible I suppose. I'm thinking is giving it a go for 2010 and if i get rejected (e.g. due to low GMAT score), then reapply in the fall for 2011. However, I'm concerned the Adcom will look my 2011 application negatively if this is the case. Is this true? Should I wait until I'm really 100% prepared? The main reason why I'm considering 2010 is because I am currently unemployed and have been for 4 months now after being laid off due to cutbacks from a large consulting firm. Waiting until 2011 may create a larger employment gap if I cannot find a job soon or fill the void with something else and this is something I will have to explain.

My other thought also was why not apply to 1-2 "safe" schools that I know I do not want to go to, but just do it to get experience in writing essays and going through the interview process; that way I will be better prepared for the schools I want to go to. Is this a bad idea other than spending a few hundred dollars on the application?

Quick Profile:

Work Experience: 2 years (IT Consulting), 2 years (R&D), 3 years (Entrepreneurship venture)
Education: Bachelor & Master in Computer Science
GPA: 3.1
GMAT: Unknown (650-670 realistic target)


Target Schools: Ivey, Rotman, Queens (Canada)
---> If I can pull a 700+ GMAT, any chance at Wharton, ESADE, INSEAD, Booth, Duke?


Thank you for taking the time to read this and reply, I appreciate it.
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by Lisa Anderson » Wed Mar 31, 2010 12:22 pm
Dear bichoo,

You have to decide what is best for you, but considering you have not even taken the GMAT yet and applications are up at most schools, I think you are better off waiting and applying next year. I'm not saying it is impossible, but it is definitely something that will require quick action on your part and you should be realistic in what schools you target for last round applications. Additionally, I do not think "applying for practice" is a good idea for many reasons, but I am biased as a former admissions director on that point. Whatever you decide, decide quickly as time is of the essence.

Good luck,
Lisa
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by bichoo » Thu Apr 01, 2010 4:26 pm
Thank you so much for taking the time to reply! You have some very valid points. I think what I will do is start working on the essay and gmat and see where I am at in 3 weeks..application for Rotman for example is due May 1 although I can submit my GMAT marks a week or 2 after. I'll book a GMAT date in the 1st week in May..that way at least I'll get a let done and if its not a strong application, push it for 2011 and apply in the fall for Round 1.
thanks again!