4 Comments
 

Ppl come in generally ranging from 3-7 years of work experience, there are always outliers. 2-3 years of IB/MBB is obv worth more than 5-7 years of non-Fortune 100 corporate. 

Assuming you want to get into a top program, asset management in a PM role (assuming you mean asset allocation, analytics sort of role, not the kind that comes after having done fundamental buy-side research for many years) is not as competitive as research. It all comes down to your comprehensive profile - GMAT, GPA, college, outside work activities (volunteering is more generic than having founded and sold three companies), work experience, where you worked (ties back to that intensity comment).

 
Most Helpful

What arbjunkie said. AM background is solid imo, but MBA without goal is not solid. 

Wrong goals (not limited to below):

  • Hate current job
  • "I wanna explore" - there is no exploring in MBA, admission / career center lie, recruiting / interview starts two months after semester begins
  • "need a break" (if you need a break, just take off for two years and go meet people in the field of your interest, no need for an organized setting for this)
  • IB or consulting is "kinda cool" - know what it entails, then you get to decide whether it is cool and more importantly whether that's sustainable after 2-3 years
  • Meet people to start a business - just go start a business, I know ppl who quit MBA to start business, good for them but why go / apply to MBA in the first place? 
  • Many other dumb reasons

To me, most valid reasons are such as: 1) dramatic career change (engineering to IB, mathematician to management consulting, musician to equity research) 2) breaking into "tier 0" career paths (eg. PE/HF/VC, but know these paths require relentless networking and preferably highly relevant pre-MBA experience) 3) mandatory for promotion in more traditional professions (maybe PE or consulting where you must get a piece of paper to advance, which imo is dumb, but it's what it is), etc. 

 

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