I've given plenty of feedback, now I need it from you guys...

Okay guys, made a new name for this post but I have given several people feedback on here, so now I'm asking for your help. Applying to business school next year, so will not matriculate until fall of 2014. I want to know what you think my chances are as I stand now and what I can do over the next 12 months to improve my odds of getting into a top school (in bay area now and would love to stay so Stanford would be first choice, then Harvard, but I know those are long shots so more realistically hoping for Wharton/Columbia/Booth). Profile below:

  • Non-target but decent-size undergrad on west coast; finished near top of class and received several awards from school and other nominations for prestigious awards that I ended up not winning (think Fulbright, Rhodes, etc) (also founded an organization, officer in several others, founded a small business)

  • 750 GMAT

  • Investment banking at boutique (not middle market) focused on one specific sector (think tech, financial services, energy, etc)

  • Left after one year to small cap, generalist private equity fund (first institutional capital into companies) and received third-year offer (may change title to Sr. Associate, TBD (by the way, would this title change help at all or does it not matter?))

  • Tutor high school athletes to help keep their grades up to stay eligible for school ball

That's about it – wish I could be more specific but don't want to give myself away. Let me know what you think, don't hold back! My concerns are leaving after one year of banking and being at a boutique (respected and works on large deals within sector but not well known outside of that), being at a small cap PE shop instead of a sexy name, and not being real involved in the community since college. Really appreciate it.

 

Agree with jdrdeer. It'd be nice to get the Sr. Associate title. Also, you need something that makes you pop.

You're not the national/world champion of anything? Raised $10mm for Libya? Solved world hunger?

I'll do what I can to help ya'll. But, the game's out there, and it's play or get played.
 
Best Response

It's basically impossible to give you a decent assessment when you can't get very specific. You have a decent profile - good GMAT, I'm assuming good GPA even though you didn't give one, perfectly fine, although not super awesome work experience. I'm not sure what else you would want people to say except that measurables are solid, and you'll "have a good shot if you execute well".

Seems like your undergrad EC's were solid, and you now are tutoring high school athletes. If you're worried about your extras, I'd work on finding a way to combine those to connect the dots. Maybe start an "organization" that focuses on high school athletes staying eligible, but also going beyond that and helping with college counseling, etc.. It doesn't have to be that awesome, just has to make sense for you and show that you're willing to do some different things that make an impact, and take ownership of them.

Your work exp. doesn't have a big name, but no reason why that needs to hurt you, especially cause you'll get a look everywhere with solid numbers. I'd focus on really knocking work out of the park the next year, get that promotion (even if it is just in title), and start to focus on recommenders. As for extras at work, I'd try to take on an extra project or some BS that both make you look decent, could actually be fun, get you in front of leadership, and could be a good boost in a rec.

That's my advice, but I also don't think we can figure much out without more details.

 

Harvard/Stanford will be tough, but your profile is definitely strong enough to admit at Wharton/Columbia/Booth. I have several friends at Wharton and Booth right now who have similar profiles to yourself.

However, as others have said, your profile is not strong enough to be an "automatic admit" at those places. So you'll have to differentiate yourself in other ways. At this stage, there are three ways you can do that. One is to continue to crush it at work, including getting the promotion to Snr Asc (but more importantly, working hard enough that an MD at your fund will write the best rec letter of his life for you). Two is to get more involved in the community. Best case is to get really involved in one thing, preferably something that connects to your profile or past experience in some way (so that it isn't obvious that you're only doing it for b-school), and definitely in a leadership position where you're having real impact on other' lives. Three is to be really thoughtful about why you need an MBA and what your career goals are. Articulating a crisp, clear, impactful career goal, along with how an MBA helps you achieve that, will differentiate you from the other finance jocks who just say they want to go back into PE.

Btw, even though Harvard/Stanford will be tough, I still think you should apply. You'll always regret it if you don't even try at GSB, and HBS is big enough that they can afford to take fliers on people who they find compelling. Only cost is ~$250/each in application fees + time to complete the essays (which are getting smaller / less onerous each year).

Oh, and I don't think they'll care about you only spending 1 year in IB before jumping to PE. You should be prepared to answer a question about it during interviews, but shouldn't be a major issue. It's pretty clear you got a really cool opportunity and took it. And it isn't like you're one of these people who changes jobs every 6 months... you've only had 2 jobs, which is pretty standard.

Just my $0.02. Good luck.

 

Stanford and Harvard will definitely be a stretch. Your chances will depend on your undergrad GPA, which I am assuming is pretty high given all of the awards you won and were nominated for. The work experience is solid, but not gold plated. Your resume and recommendations are going to have to work hard for you. You might get the interview at HBS if you can execute well. Stanford is a crapshoot but you never know.

You seem to be in line for Wharton, Booth, and CBS. I am going to stray from the common opinion that you need to start some type of organization and do more community work. You already have shown a commitment to others through your tutoring work. How many hours per week do you tutor? My recommendation would be to get even more involved in this activity and expand your involvement to the operations and management of the organization. Also if you want to beef up your ECs just find something that you enjoy doing and do it well. There is a common misconception that you need to be a "save the world" type of person to get into business school and that is not the case. Schools like seeing ECs because it's a good indicator that you will contribute to the school's community as a student. However, there are many different ways to get involved at school (student government, professional clubs, Follies, community service, admissions fellow, etc.). So if there are a million and one ways to be active at school why should there only be one way to pursue ECs as an applicant (i.e. community service)?

CBS, Wharton, and Booth are most concerned with you presenting a clear career goal, showing fit with their program, and demonstrating strong leadership. If you can demonstrate these things I am sure that you can gain an admit to at least 1 of the 3.

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