710 + 4 on IR + profile = Top 10 b school?

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710 + 4 on IR + profile = Top 10 b school?

by samag182 » Sun Feb 02, 2014 3:15 am
Hi Guys,

I seek advice from everyone here who has had a tryst with b school admissions in one way or the other. any info will go a long way in helping me in this journey

I recently gave the GMAT exam and scored -
Q47 (70th percentile)
V40 (92nd perecentile)
AWA 6
IR 4 Sad
Overall 710 (90th percentile)

This score breakup has put me in a worried state of mind. I am contemplating whether to take the test again or to go with this score.

Target year - 2015 admissions
Target schools - HBS, Standford GSB, Booth, Tuck, Insead Singapore, Sloan, Kellog, Berkely, NYU Stern
(ie top 20)

I am putting in a brief write up of my profile. It would be very helpful if you could give me your views on my profile's suitability for the mentioned schools in the light of the GMAT score i attained (specially the combined not so good show in IR and quant)

Educational Background -
1. Schooling - Consistently achieved a Top 5 position in school in each year starting 8th grade
2. 10th Grade - (something like the national education board exams) - 89% (not percentile. 89% was my score)
2. 12th grade - 95% (not percentile) (again national board exams, which form the basis for admission to prestigious undergrad colleges in india)
3. Undergrad - Bachelors in commerce (accounting, taxation, cost accounting). Obtained admission in Sriram College of Commerece in Delhi university. This college is the number 1 college for undergrad commerce studies in India and also rate in the top 4-5 in asia.
4. Professional education (after graduation) - Chartered Accountancy. The Indian chartered accountancy program is probably the toughest in the world. It has 3 successive levels of examination. I cleared all 3 in one attempt with the following All India ranking -
Level 1 (PE1) - All India Rank 19 (approx 50000 examinees)
Level 2 (PE2) - All India Rank 35 (approx 50000 examinees)
Level 3 (PE3) - All India Rank 14 (approx 30000 examinees)
Only about 2-3% people are able to clear the level 3 in any particular attempt. Further this professional course entails a mandatory 3 year stint with and accounting and auditing firm. So one works for 12 hours a day and then studies to prepare for level 3.

Work experience -
1. 3 years of articleship (mandatory work ex under Chartered accountancy) with PricewaterhousCoopers
in financial auditing
2. Moved to ITC limited (5bn USD cigarettes to Hotels conglomerate in India - ITC hotels, Classic brand of cigarettes. also a big player in personal care and foods and snacks business.) Worked for 1 year as Assistant manager in the Internal audit team.

3. Reckitt Benckiser India - Management Trainee (1 yr)
Eventually wanted to move out of auditing and into operations so took a decision to join the Reckitt Benckiser India management trainee program. For 1 year worked in various functions - sales, supply, commercial, factory finance, corporate supply finance. Did a major gross margin improvement project

4. Reckitt Benckiser Singapore - Assistant Manager Finance (6 months)
First finance management trainee in the history of RB India, to be given an international posting on completion of traineeship. Worked with the latin america and asia pac supply director and supply finance controller
Was offered extension of anothr 18 months in the singapore office and additional responsibility with the area marketing innovation finance team.

5. Reckitt Benckiser India - Assistant manager supply finance (current)
Chose to return to the India business and work at the grass root level to learn day to day operations, problems and solutions.

In summary total work ex
3 yrs PwC
1 yr ITC
1 yr RB India and 6 months RB singapore
5 and a half years.

I am clear that i do not want to do Ibanking or PE or consulting since number crunching is not what i want to do all my life and i am not the most quantitatively gifted person. I have a tilt towards general management, marketing, brand management.

Regards
Saurabh Malhotra

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by CONNECT INSEAD » Sun Feb 02, 2014 8:26 am
Hi Saurabh,

I'd like to offer some analysis of your profile for your INSEAD application.

GMAT score of 710: SUFFICIENT for INSEAD (for you). You can definitely aim to score higher but I wont see any LARGE incremental benefit since 710 is a good enough score for you based on your profile and this isn't the greatest weakness in your profile.

Education: Score & Area of study is okay for INSEAD but as you know, for INSEAD beyond your personal achievement, you're also competing with candidates applying from your own country as INSEAD doesn't admit more than a certain percentage of students coming from a single nationality. Your biggest weakness in your application is your competition from fellow Indians whom many of them would have the same education background as you.

Work experience: Having mentioned your weakness, your greatest strength from what you have written so far, is your work experience.
Mainly 3 things:
1) Work experience from more than 1 job function - auditing + commercial + finance + supply chain --> demonstrates well-rounded experience which will give you a wide scope of content to write a beautiful story for your application essays
2) International working experience - work in both India & Singapore (albeit only 6 months but there's some story that you can tell even from this short stint) and
3) PWC & RB is a great company which INSEAD wants to be affiliated with --> shows potential for future success & recruitment to similar companies.

I'm happy to hear that you're clear about your career aspirations at this point although the amazing time that you'll spend at INSEAD may change your mind as I've seen happened to many of my classmates. But for now, based on your aspiration of general management, INSEAD can bring you where you want to go. The only catch is that you'll have to demonstrate in your application essays why INSEAD can make the jump for you to get into general management since you seems to already be on that path. If you can envision your next role and company, that would make the picture clearer for INSEAD.

Feel free to get in touch if you would like to get connected with an INSEAD alum of similar profile as you.

GOOD LUCK!

Best,
CONNECT INSEAD
The MBA Admission Consultant for INSEAD
www.connectinsead.com