Advice Needed: Debating submitting R3 app to Stern

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Is it worth applying to NYU Stern's Round 3 with my stats? The past week or so has been a scramble to get everything for my application together to meet the deadline for Stern on Jan. 15 since retaking the GMAT on Dec. 30. While working on essays I've ended up spending countless hours on admissions blogs, message boards, etc. and am now starting to second guess my candidacy and am debating whether I should hold my application until R4 or even R1 of next year in order to allow additional time to boost my profile.

For a little bit of of background on me: I'm coming from 5 years working in public relations, integrated marketing and social media and would like to attend Stern to transition into a brand management/brand strategy role. Received a 3.6 GPA in undergrad from a top UC school but majored in communications so my quantitative coursework was minimal. While I scored a 700 on the GMAT, I was only in the 61st percentile for Quant so I worry I don't have any way to prove to admissions that I'm capable of performing in heavily quantitative classes.

At this point I wish I'd better prepared and had taken outside coursework to prove my quantitative abilities, but it's too late to do this now for R3 or R4. Is stating in the optional essay that I'm taking an introductory finance class or two this semester enough to convince admissions officers of my commitment and potential without being able to show them the grades to prove it? Am I better off retaking the GMAT and applying R4 (Stern's final round) than submitting my app now?

The other option would be to hold my application until R1 of next year to allow time to retake the GMAT, take outside coursework and conduct additional campus visits to get even more acquainted with the campus. This is not ideal given I'm at a good turning point in my career and hate to delay business school by a full year, but wanted to get a sense of whether applying at the moment is even realistic or if it's too much of a long shot to even make it worth my time.
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by Dina@Fortuna » Mon Jan 13, 2014 4:09 pm
Hi becs5213. I wish I had seen your post earlier and I know the R3 deadline is a day away so have you made a decision to move forward with applying this round? I'd love to provide you some guidance since I have a lot of knowledge about Stern. I graduated from the full-time MBA program and focused on brand management and worked at several top CPG companies before deciding to work in admissions at Stern. I have experience working in admissions for the full-time and Exec MBA programs at Stern, most recently as Senior Associate Director and I now work for a newer MBA consulting firm, Fortuna Admissions.

From the information you have shared, it seems to me like you have desirable work experience (in PR, integrated mktg and social media) which will help you on the job front applying to summer internships and post-MBA jobs. This is important since admissions is also evaluating how "employable" you are since post-MBA job placement is important to schools.

As for your concern about quant, I think it does make sense to take some quant classes now and even if you don't have final grades from them it shows that you are taking steps to address a possible weakness. If you have midterms in these classes and do well that would be something to highlight, especially if you are invited to interview. If you feel that you can score higher on the GMAT then by all means, retake it but if not then I still think you are in an acceptable range to be considered as a candidate for admission. I don't think you have much to lose by applying for round 3 since by the time it gets to the last round there are not nearly as many open spots to fill in the class.

Hope this was helpful and I'd be happy to provide more guidance about this so feel free to message/email me. Thanks and good luck!
Dina Glasofer
Client coach, Fortuna Admissions
[email protected]
www.fortunaadmissions.com