Rqust Profile Evaluation for 2nd MBA / GMAT 680 / Wrk Ex 4.5

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Hi

I intend to apply form my second MBA, please do a profile evaluation for me.

BACKGROUND: B.Engg 70%; M.Engg 64%; MBA (Fin & Mkt) 64%, Age 30. Extra Currics not much (Worked with few NGOs during my BE and also member of the Social Service Club at my current employer)
WORK EX: 2 yrs work-x in IT after my M.E. and 2.5 yrs work-x in a financial company after my MBA.
PROFILE: My work-ex post MBA is into investment in infrastructure projects/companies, have exposure in variety of domains like roads, ports, water distribution, multilevel car parkings. Have worked on deal structuring using debt / equity/ quasi equity / structured products.
FUTURE OBJECTIVE: Career Objective is to work with a infra private equity company /fund
Or with International banks like World Bank/ IFC / ADB etc
Or with a company which invests / consults in infrastructure space
Or with a international bank like HSBC etc (all of them have project financing SBUs)
REASON for 2nd MBA: To improve my knowledge of Finance (my first MBA was mostly a light mix of Fin and Mkt both)
As I intend to work internationally, I need that kind of exposure and a good platform to launch my career and networking
ACHIEVEMENTS: I am doing really well in my current profile. Recently been promoted to AVP from Manager. Have done investments worth INR 300 crore (60 million USD) and managing/monitoring an overall portfolio worth INR 1000 crores (200 million USD). Was awarded the best researcher award for the year 2011 for the leading the initiative into a new sector - Ports.
In my first job prior to MBA, I have done very well and was recommended for promotion when I left for MBA. Will get very good professional recommendation from both the places.
Other Info: I am on the mentoring team of the placement cell at the engineering school from I did my BE. I am also taking a self designed course on Financial Modelling at my alma mater (business school). In my current company I am working towards a CSR initiative wherein employees from the company will be able to work with a NGO to spread financial literacy. It's a cross between my current company's HR & CSR initiative.
GMAT Score: 680 (Q 48, V 34, AWA 5) ... thats the sad part of the story.

Q1 I am targeting Insead (1 yr), Booth, Kellog (1 yr accelerated MBA), Johnson (1 yr accelerated MBA) and Ross. How do these schools look at 2nd MBA applicants?
Q2 Considering my profile and score would you suggest any change in my list?
Q3 Would there by any problem in 1 yr accelerated courses at say Kellog or Cornell as there is no summer, which is considered imp for placements in US. Whats your take on that?
Q4 Whats your take on Masters in Advance Finance Course at IE?

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by mbaMissionBrianE » Fri Nov 18, 2011 5:12 am
Hello ravishjain, thanks for your question.

Applying for your 2nd MBA is somewhat of a unique circumstance. First, you should make sure that the programs you are targeting even allow applicants who already have an MBA.

Second, you must really drive home the rationale for truly needing a second MBA. What do you need to achieve your career ambitions that you did not get the first time around? Why did you not get it the first time? You said your first MBA was a mix of finance and marketing. Why was that finance background not sufficient? What has changed? This story must be logical and compelling for you to have a shot at top programs.

Best of luck,
Brian
Brian Eng
Senior Consultant
mbaMission

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