2/8/07

Seven years post college work experience:
- Small business owner: last month my gourmet salad restaurant was forced to close because of the Spinach/Ecoli saga.
- Prior to that I was a buy side bond trader with inst. asset mgr.
- CFA Charterholder

Davidson College Grad - scholarship varsity athlete

GMAT 680

What are my chances?

Comments (32)

2/8/07

I would think you have a pretty decent shot if you write some knockout essays...

Just my opinion

Accepted.com
2/8/07

Try and bump your GMAT by say 20 points

2/9/07

Guyjer, you give some of the worst advice out of anyone here. A 20 point difference when you are already at a 680 is insignifcant. The original poster should be worried on writing knockout essays and highlighting his/her "wow: factor.

If his/her undergraduate gpa was lower than average, he should build an alternate transcript by taking some quantitative classes such as mico/macro econ, statistics, calculus and accounting to show his ability to handle quant. material.

2/9/07

Thanks everyone for your comments...

Roller4life- My college GPA is below avg - 3.1 Pol Sci major. However, would the CFA charter sufficiently highlight quant abilities? What are my chances for 3rd round app?

2/9/07

Yes CFA could show some ability, but your going to really want to show grades as in better performance in economic classes, as well as accounting and statistics classes.

In reply to Roller4Life
2/9/07
Roller4Life:

Guyjer, you give some of the worst advice out of anyone here.

Hahahahahaha I am so sorry I do not have the wealth of exprience and knowledge that you have but hey it's my 2 cents so bugger off.

2/9/07

Your 2 cents is giving people wrong advice. So shut your pie hole unless you know what your talking about which often isn't the case.

Your not even in ibanking for god's sake.

In reply to Roller4Life
2/9/07
Roller4Life:

Your 2 cents is giving people wrong advice. So shut your pie hole unless you know what your talking about which often isn't the case.

Your not even in ibanking for god's sake.

Awwwww taking your fustration on me. I don't mind, we all need to blow off a little steam but remind me your still in school just like me w/o even an internship. Dont be hypocritical it is unbecoming.

2/9/07

yeah but your advice is totally unrelated to IBanking. You have no first hand banking experience, you aren't even looking to get into the industry from your posts. Why the hell do you even waste your time on here? You probably are a social moron with the computer screen as your only friend

In reply to Roller4Life
2/9/07

awww your making me cry, it hurts it just hurts soo much lol.

Accepted.com
2/9/07

your a big tool. I can't even imagine how that friend of yours Eshan or whatever the hell his name is wanted to hang out with a moron like you. I did speak to him once briefly and he's a great kid. As far as I know he also got the call from JP Morgan.

Your going to be a glorified FMP intern and your not even getting into the program, but even if you do you aren't getting anywhere.

Have fun being stuck in the corporate world on the road to nowhere, I'm not wasting my time with you. End of discussion

In reply to Roller4Life
2/9/07
Roller4Life:

your a big tool. I can't even imagine how that friend of yours Eshan or whatever the hell his name is wanted to hang out with a moron like you. I did speak to him once briefly and he's a great kid. As far as I know he also got the call from JP Morgan.

Your going to be a glorified FMP intern and your not even getting into the program, but even if you do you aren't getting anywhere.

Have fun being stuck in the corporate world on the road to nowhere, I'm not wasting my time with you. End of discussion

cool

2/9/07

good you finally decided to shutup and know your role. By the way you never answered my pm about where you go to school. Probably some garbage school with zero ibanking presence because the people are morons like you.

In reply to Roller4Life
2/9/07
Roller4Life:

good you finally decided to shutup and know your role. By the way you never answered my pm about where you go to school. Probably some garbage school with zero ibanking presence because the people are morons like you.

Are you releived yet? becuase if you want you could keep posting if it makes you feel better

2/9/07

I'm relieved that I'm making this board better in terms of accurate advice that is being give,n out and making sure that idiots that have no first hand knowledge or desire to get into the investment banking industry such as yourself, don't pollute this forum with their senseless crap.

It's obvious you got to a nonsense school for the sole reason that you failed to respond regarding schools.

Have fun trying to get into ibanking.....your going to need it.

2/9/07

You elitist prick. This entire time I have been trying to let you off by sliding all of your personal attacks off my back but you don't seem when to give up.

First off you go to Miami, what kind of shit are you talking about my education when we all know people go to that school for South beach, football and bitches. So don't talk to me about pedigree. Also why should I tell you more any more personal information about me? You always post my PM on the public forum.

Don't give me this crap about polluting the forums either. In case I remember you had two posts on how long it would take to buy a house. What kind of garbage is that crap. In addition read the forum topics retard, most of them are under monkeying around. Also you make generalizations that just because you want ibanking that I want it to. Sorry I donaEU(tm)t spend my time drooling over a job in my sophomore year when I should be more focused on who I'm going to sleep with tonight.
O yeah you degrade my previous experiences. Look at you; you don't even have any experience what so ever aside from working for your uncle. Right now it looks like you have nothing this summer since you are applying for commercial banking and spewing crap on the forum about will this work, will this work. Stop using me as an excuse for your inability to succeed at anything.

So have fun thinking of a response to this, it's Friday I'm going to enjoy my time before the grind.

2/9/07

First off, someone doesn't know when to stop giving stupid advice to people.

Secondly, yes, I'll admit it most people come to the University of Miami for South Beach, Football and girls. It is true that we have all three of those things you mentioned.

However, if you would take a minute to look at the statistics and rankings of the school provided by U.S. News you would see we are ranked #54 nationally right there with University of Maryland College Park, George Washington University, Boston U and UT Austin as our closest ranked schools.

We have an average SAT score of 1260, 2/3 of the incoming class was ranked in the top 10% of their high school class and we have a president that has already increased our rank 8 spots in the last 4 years and she is going to do more. We have already gotten the official okay that both Hillary Rodham Clinton and former President Bill Clinton along with former Vice-President Al Gore will all be coming to speak this year ALONE. Gore and Clinton will be here on back-to-back days.

Elite school, certainly not.....good school? well compare our numbers to whatever school you might be at and I can tell you that University of Miami is probably better.

You make ill-advised statements just as you ALWAYS have because you post without doing your research. Just look at my example above.

GE is a great company, don't get me wrong, but your speaking like your FMP intern stint or whatever it is that you do is as great as getting a job at a top BB and because you are at GE you are qualified to speak about ibanking firsthand. Your postion is simply not as prestigious or as competitive to get as top ibanking positions, I hate to burst your bubble. The pay is less, the future opportunities are not as great and you are basically going to be a middle-managing guy at GE or some other corporate company if you believe that the FMP will lead you to the corporate audit staff and future CFO or executive of a division.

If you don't have an interest in Ibanking then why the hell are you on this forum? its not called ibankingoasis for no reason.

If you keep thinking about who your going to sleep with instead of your career opportunities right now as a sophomore when next summer will be the most important summer of your pre-working life, then you are already not set out for ibanking and you will probably be a very mediocre guy in the corporate world, living in an average little house, driving an average little kia and shopping at Wal-Mart or Target.

You as my excuse??? I am trying to get into the damn industry realizing I'm not from a target school. I'll get into the industry alright and I will go somewhere too. You on the otherhand are obviously not at a target school because otherwise you would have mentioned it already and with your attitude, just kiss ibanking goodbye.

Now excuse me while I attend an evening at the Delano.

2/9/07

wow...quite an argument going...anyways, yeah your gmat is fine, a 20 point icnrease is pretyt insignificant. Dont quote me on this but your GPA might be the downfall. Obviously get some amazing essays in and I'd suggest writing about something that would make them really take notice.

2/14/07

i dont know if that 20 point is really that insignificant as everyone makes it out to be. the median score of HBS will definately be above 700. if he is a charterholder, it speaks volumes of his commitment to finance. with that being said, it is really no hassle to sit down for 3-6 hours for the GMAT again to prove his competency.

2/17/07

Well - the 680 is my second score. I overconfidently took the test blind and scored much lower at first. I needed a score to submit for an earlier round of application deadlines so I had no time to prepare. Then I got a book and studied second time around. Does taking the test 3 times hurt me?

2/18/07

Some Business schools would take an average of 2 your best scores for GMAT. But anyway, given you're a CFA charterholder clearly gives you an edge - those 3 letters matter a lot

2/20/07

HBS can be tough - they like to save a lot of spots for top PNC guys.

it's possible to get in from Goldman and Credit Suisse LA, though.

3/1/07

I think how successful your business was and how long you ran it are important. They want your story and, like a previous poster said, your "wow" factor. Your own business definitely has that potential, it just depends on how you sell it.

3/5/07

What is that?

3/14/07

get your gmat up to above 700 and focus on essays. don't give them reasons to turn you down.

my 2cents

3/14/07

It really depends what you want to do. I would strongly examine why you are going back to business school. Do you want to do ibanking, consulting, start another business, corporate, marketing, what? Depending on that you may consider setting your sights on a different school. The reason I say that is a lot of schools will value your 7 year of exp. and the fact that you aren't just another IB or MC analyst.

Harvard does value that exp. as well, but the people I have noticed who go there who have your profile unfortunately usually have higher scores, GPA, more prestigious school. Given that it is Harvard, it can get the mix of 23,24 and 27,28 year olds that it wants and it might be extremely challenging to get in. I still think that you have a great shot at a great school (Kellogg, Chicago, UCLA, Haas, Stern, etc.) assuming you do great essays etc but Harvard will be tough unless you can get some additional "wow" factor in there.

I understand where you are coming from because I too for a while set my sights on HBS or nothing, simply due to the pedigree, but I think it is more important to simply do well at whatever school you do go to.

3/21/07

I wouldn't shoot him down over the "prestige" of his education. Davidson's actually a pretty good school - called the "Princeton of the South" I believe. It's not ivy league, but I wouldn't say it's much worse than say Emory, Vanderbilt, etc.

3/21/07

Hey Dav3100, I appreciate you sticking up for Davidson, but its a better school than both Vandy and Emory.

According to US News 2007 Liberal Arts Rankings...
1. Williams College(MA)
2. Amherst College(MA)
3. Swarthmore College(PA)
4. Wellesley College(MA)
5. Middlebury College(VT)
6. Carleton College(MN)
7. Bowdoin College(ME)
7. Pomona College(CA)
9. Haverford College(PA)
10. Davidson College(NC)

Vandy and Emory are second tier Universities.

1. Princeton University(NJ)
2. Harvard University(MA)
3. Yale University(CT)
4. California Institute of Technology
4. Stanford University(CA)
4. Massachusetts Inst. of Technology
7. University of Pennsylvania
8. Duke University(NC)
9. Dartmouth College(NH)
9. Columbia University(NY)
9. University of Chicago
12. Cornell University(NY)
12. Washington University in St. Louis
14. Northwestern University(IL)
15. Brown University(RI)
16. Johns Hopkins University(MD)
17. Rice University(TX)
18. Vanderbilt University(TN)
18. Emory University(GA)
20. University of Notre Dame(IN)

3/21/07

I would write about the saga that made you close your restaurant

3/21/07

Not sure if i would go as far to say Davidson is better then Emory and Vandy. They are in totally different brackets as you can see, and in no way are Emory and Vandy second tier schools

3/22/07

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3/22/07

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