Chances at HBS & Columbia

Hey,

Long time fan of the forums, first time poster.

I'm slogging through the HBS and Columbia apps, and I'm wondering if you think I have decent chances...

Background:

770 gmat (49Q 47V) 5.5 AWA
Undergraduate: Industrial Engineering (University of Chile)
GPA about 3.0 due to shit grades at the beginning, leveling off to about 3.5 in last 2 years
Graduated with maximum honors (due the weighting of the thesis and last years in final grade)

Work experience:

1 year part time while I finished my thesis paper at financial consulting/M&A boutique where I also did some work on public policy for a Chilean presidential candidate

1 year management consulting at the Santiago office of MBB (you guess which of the 3)

Currently 5 months in at a local non-profit working on incubating early stage start ups (Can't believe I left MBB for this shit, worst decision of my life, but I can put a positive spin on it as i'd like to network into VC/PE through business school)

Life story:
Originally from the US, left to do a high school exchange in 2002 and somehow kept finding reasons to stay in Chile... so obviously native speaker of english with fluent spanish

Extracurriculars: I tutored some rich little brats for money while at university. So basically nothing.

Recommenders: MD/owner from M&A boutique (worked closely with him, knows me quite well) and project manager + partner from management consulting firm. nothing from current because the guy is pissed I am applying to leave this shit-show.

Business school picks:
HBS - It's the best, although I grew up around Boston and I'm not sure I want to do that again for 2 years (it's part of the reason I left and didn't come back). I will meet 1st round deadline this year.

Columbia - I'm thinking of doing early decision to raise my chances of getting in, but I don't want to miss out on getting grants/scholarships/fellowships vs regular decision in 1st round.

I am about 90% decided on Columbia, the only real cons for me are the brand/prestige and the crappy facilities.

Questions:
Chances of getting in to these two? Worth risking regular decision at Columbia?
Suitability of these choices for networking into VC/PE post MBA?
If I do regular decision at Columbia, get into both... does HBS win hands down, or is Columbia comparable for what I want to do (plus I value being in NYC quite a bit)?

 

I'm not trying to insult you (nor any other "chance me" people) but I doubt anyone on here would have any idea where you stand for these schools. Your GPA looks bad, your GMAT looks good, and no one here knows who your recs are nor have they read them. The class profile is available on these schools' sites and with that said, you are at the high end of the 80% GMAT range and maybe low end of the 90% GPA range.

You seem like you might have a good story to spin but no one here is going to be able to tell you if you can get into 2 of the hardest, most "prestigious" business schools in the world. I know when I apply to B school I will be spreading out my applications to far more than 2 schools.

That said, I would choose Columbia over Harvard but for no logical reason other than I've always loved the feel of Columbia since I visited in highschool.

"Quote from a book/movie about wall street" - Main character in that movie.
 

You CAN get into both.. Don't worry too much about any one application criteria. It really depends on you story and how good you convey it to admissions as to how you fit into the schools incoming class.

I highly recommend Columbia- FYI I'm a Columbia MBA grad under your same circumstances of high gmat/ low engineering gpa when I applied.

 

You can definitely get into both. If you had a poor GMAT too, you'd be in trouble, but with one of two stats really strong, and one really weak, you'll at least get looked at. Someone has to make up those low ends of the admit stat spectrum, and it's exactly people like you - really interesting life thus far, not the typical background / set of experiences, tough undergrad major, significant upward trend in the last two years, which are arguably more difficult than the first two, overseas experience, MBB name brand, another language, etc.

You've got a pretty awesome narrative, and that will make or break your app more than the GPA, given everything else you've got going for you.

 

There's a decent chance that they are wondering, given you spent only a year at MBB and then went to a non-profit, whether you were fired or else don't like / can't handle a corporate environment. That is certainly what employers ill be wondering.

 

Sorry to take over your thread but in terms of age, I have heard that HBS is not receptive to older students - i.e. 29-30. Is that true? If so what schools are more relaxed with age constraints?

Congratulations on the stellar GMAT score. Best of luck.

 

Hello, I am curious what the people here have to say about my chances for getting into the HBS/Stanford full time MBA program. (Note: I already have admits to exec programs at both these schools, GMP at HBS and Sloan program at Stanford, but hoping to get into a full time program).

I am 35 years old, average GPA from US school ranked 40, Average GMAT (710), No significant extracurricular other than working on working on new ideas and projects, Indian National. Published 6 papers, hold 15 patents. Over 10 years of experience as a computer engineer, last 2 years as a co-founder and majority stake holder (70%) of a small company that is currently being sold for $25M to a major US firm. Have an offer to join its senior management (non executive role) with an option to do an MBA and return after 2 years.MBA expenses will be paid by acquiring firm.

 
dokument:

Hello, I am curious what the people here have to say about my chances for getting into the HBS/Stanford full time MBA program. (Note: I already have admits to exec programs at both these schools, GMP at HBS and Sloan program at Stanford, but hoping to get into a full time program).

I am 35 years old, average GPA from US school ranked 40, Average GMAT (710), No significant extracurricular other than working on working on new ideas and projects, Indian National. Published 6 papers, hold 15 patents. Over 10 years of experience as a computer engineer, last 2 years as a co-founder and majority stake holder (70%) of a small company that is currently being sold for $25M to a major US firm. Have an offer to join its senior management (non executive role) with an option to do an MBA and return after 2 years.MBA expenses will be paid by acquiring firm.

Honestly, I'd say your odds are extremely slim.

 
dokument:
last 2 years as a co-founder and majority stake holder (70%) of a small company that is currently being sold for $25M to a major US firm.
So, you're getting a check for $17.5 million and you're thinking of going to business school? Why? Are you hoping to secure a job as an Associate in banking?
 
SirTradesaLot:
dokument:

last 2 years as a co-founder and majority stake holder (70%) of a small company that is currently being sold for $25M to a major US firm.

So, you're getting a check for $17.5 million and you're thinking of going to business school? Why? Are you hoping to secure a job as an Associate in banking?

Hell, if I won $200 million in the lottery tomorrow I'd probably still attend HBS if given the chance.

EDIT: Think about it -- you'd get to dick around, drink, meet some new interesting people, buy a fancy fleece jacket, learn something about the business world, and push the real world off for a couple years. Sounds great to me.

 

Once you have some money, its all about the experience. I don't think selling a company for $25M at my age will be a head turner at HBS or Stanford. In fact, my profile will be a dime a dozen among kids 4 to 6 years younger than myself. I only applied to Wharton this year to test my chances and got in. Deferred a year. If I don't get into Stanford of HBS, I will attend Wharton.

 
Best Response
dokument:

Once you have some money, its all about the experience. I don't think selling a company for $25M at my age will be a head turner at HBS or Stanford. In fact, my profile will be a dime a dozen among kids 4 to 6 years younger than myself. I only applied to Wharton this year to test my chances and got in. Deferred a year. If I don't get into Stanford of HBS, I will attend Wharton.

Yeah, good point. Most kids attending HBS are already self-made decamillionaires which is why many gladly accept jobs that only pay $150-200K upon graduation even though they could earn more than that tax-free by investing their millions in munis. My bad.
 

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