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Currently at FAANG in a finance data infrastructure role. Currently into Wharton and was denied a deferral to next year. Want to get more into the strategy side of things - either via consulting or an internal strategy role at another company other than my current one. Should I enroll this year? COVID’s job market scares me to death, and my current role is secure but is slowly making me into a miserable person.
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# ? Jul 10, 2020 21:04 |
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# ? Apr 26, 2024 00:09 |
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Jhoge posted:Currently at FAANG in a finance data infrastructure role. Currently into Wharton and was denied a deferral to next year. Want to get more into the strategy side of things - either via consulting or an internal strategy role at another company other than my current one. Should I enroll this year? COVID’s job market scares me to death, and my current role is secure but is slowly making me into a miserable person. Why wouldn't you enroll this year?
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# ? Jul 10, 2020 21:21 |
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CarForumPoster posted:Got anywhere I can read about getting in to and succeeding at top MBA programs (HBS, Sloan) as a working adult mostly on resume? Your background is fairly similar to mine. I did part time at Booth, PM me if you'd like to talk about it. My opinion is that the work experience would be a definite plus as in spite of their entrepreneurship focus lately they could still use more people who know how to actually build things.
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# ? Jul 10, 2020 21:21 |
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Edit: double post
Jhoge fucked around with this message at 21:35 on Jul 10, 2020 |
# ? Jul 10, 2020 21:31 |
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CarForumPoster posted:Why wouldn't you enroll this year? Three general reasons: 1. I have (roughly) the same current total comp of folks I see coming into my company in similar roles with MBAs. I’d guess I have a 50% chance of promotion early next year (but in the same role, with the same responsibilities). 2. I’m worried about internships next summer given the job market. 3. COVID is going to make fall semester very tough and go - I’d be surprised if we make it more than a month with “hybrid” classes before just going all virtual.
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# ? Jul 10, 2020 21:35 |
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Jhoge posted:Three general reasons: I dont have an MBA and was in here asking about one but this seems like really short term thinking to me. Next semester can go all virtual, you'll still get an MBA and still start racking up relevant working years post MBA. Youre at FAANG so whatever comes next youre an exFAANG {{job_title}} with an MBA and X years experience. AKA a primo candidate. Your next promotion may come externally. Your total comp RN isn't very relvant. Its whether you expect an MBA to help with that in the future (if total comp is a key goal for you.) If you have FAANG work experience and an MBA why are you saying the word internship?
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# ? Jul 10, 2020 21:54 |
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If he wants to pivot to strategy he'll def need the internship. Both to prove experience and because most offers go to returning interns. It's pretty unlikely your roi from a purely $ pov is going to be great. Two years of lost wages + tuition to get prob your same pay. You can model it yourself and see. However, if you don't like your field, then maybe it's worth it to find more satisfaction. There's also hard to quantify long term benefits via network and school prestige. Dollars aside I think you'd regret not doing it versus say graduating and having to get a other finance job. Xguard86 fucked around with this message at 23:52 on Jul 10, 2020 |
# ? Jul 10, 2020 23:38 |
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CarForumPoster posted:If you have FAANG work experience and an MBA why are you saying the word internship? It is normal (and basically required) for full time MBAs to do an internship between their first and second years. Jhoge, if you want to go strategy I suggest you recruit for bigfirm consulting. That process usually starts right when your first year starts.
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# ? Jul 12, 2020 18:02 |
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Coming out of Wharton + tech experience will make you a great candidate for strategy consulting if you want to try that. Post-MBA total comp ranges from $165-230ish (skewed by top firms) but can grow quickly if you stick with it. Whether that comp justifies the cost, time, and risk/uncertainty of attendance is a trickier question.
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# ? Jul 15, 2020 18:04 |
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Anyone have an opinion on EA vs GMAT for EMBA admissions?
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# ? Jul 16, 2020 21:40 |
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CarForumPoster posted:I dont have an MBA and was in here asking about one but this seems like really short term thinking to me. Next semester can go all virtual, you'll still get an MBA and still start racking up relevant working years post MBA. Youre at FAANG so whatever comes next youre an exFAANG {{job_title}} with an MBA and X years experience. AKA a primo candidate. Your next promotion may come externally. Your total comp RN isn't very relvant. Its whether you expect an MBA to help with that in the future (if total comp is a key goal for you.) Please don’t give advice if you have no idea of how things work
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# ? Jul 21, 2020 17:08 |
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I completely forgot I signed up for the online GMAT until the reminder email 48 hours before. I rushed horribly on the quant because in the one practice exam I took the day before I ran out of time on the section. Scored 720 based on 96th percentile verbal 57th percentile quant. Should I retake it in a month and study up? I'm very certain I could raise that quant into the 95th percentile if I got my pacing right. But 720 is also above median for the program I'm looking at... so good enough? I'm well above the median on all other admissions measures as well.
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# ? Oct 6, 2020 21:38 |
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720 is pretty good. Common wisdom is that once you're over 700 there's less marginal gain for raising your gmat versus other areas like putting in some volunteer hours or something. How's the rest of your profile? GPA on target?
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# ? Oct 6, 2020 21:51 |
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KYOON GRIFFEY JR posted:It is normal (and basically required) for full time MBAs to do an internship between their first and second years. edit - wow I didn't realize this post was from July, sorry about that. Mr. Apollo fucked around with this message at 22:16 on Oct 6, 2020 |
# ? Oct 6, 2020 22:14 |
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Xguard86 posted:720 is pretty good. Common wisdom is that once you're over 700 there's less marginal gain for raising your gmat versus other areas like putting in some volunteer hours or something. Vitals: 3.73 GPA Bachelor of Arts from University of Washington (sociology) 11 years experience; 6 years consulting, 5 years industry Current title: Director of Analytics, 206k base salary, two direct reports and two matrix reports My main worry is that while 720 is fine, the 57th percentile quant is not.
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# ? Oct 6, 2020 22:20 |
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I've never had them ask beyond the overall score. I got a 700 first try which I heard was good enough to not get you eliminated from anywhere so that was good enough for me.
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# ? Oct 6, 2020 22:22 |
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Mr. Apollo posted:Out of curiosity, is this an American thing? I'm up in Canada and when I did my MBA there was no internship (suggested or otherwise) between first and second year, but all the schools wanted several years of full time work experience before they considered you. I can only speak to America so yes, an American thing. Most MBA programs in the US also encourage several full years of work experience. What did you do in the summer between first and second year?
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# ? Oct 6, 2020 22:30 |
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KYOON GRIFFEY JR posted:I can only speak to America so yes, an American thing. Most MBA programs in the US also encourage several full years of work experience. What did you do in the summer between first and second year? Mr. Apollo fucked around with this message at 01:25 on Oct 7, 2020 |
# ? Oct 7, 2020 00:23 |
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Mr. Apollo posted:I took classes. Most (all?) Canadian MBA programs have a summer semester which is identical to the fall and winter semesters. You’re encouraged, but not required, to take classes during the summer. Most MBAs do that and graduate in 20 months instead of 24. Full time programs also last about 20 months here. Sept-May for year 1, then intern for a few months, then Sept-may to finish up.
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# ? Oct 7, 2020 01:08 |
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The Big Jesus posted:Full time programs also last about 20 months here. Sept-May for year 1, then intern for a few months, then Sept-may to finish up.
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# ? Oct 7, 2020 01:24 |
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@SlowMo I'd say it comes down to how set you are on your target(s). If you apply broadly with that profile, good chance you get in somewhere you're happy with. If your heart is set on one place and you get dinged you'll be mad you didn't retest. Also whether you are going PT vs. FT which I might have missed from an earlier post.
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# ? Oct 7, 2020 03:02 |
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Slow Motion posted:Vitals: Yeah as above are you PT or FT? Because putting aside your app, your current title/comp are beyond most FT exits. So you might be disappointed with your opportunities coming out of even a top FT program. That aside. Your profile is pretty drat good. I've heard only rarely do they care about breakdown at all and quant is super competitive. You are also working in/leading analytics which should assure any adcom you can keep up with business math.
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# ? Oct 7, 2020 03:28 |
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Xguard86 posted:Yeah as above are you PT or FT? Because putting aside your app, your current title/comp are beyond most FT exits. So you might be disappointed with your opportunities coming out of even a top FT program. Part time for sure. I have a mortgage in Los Angeles that wouldn't survive a two year gap. My target program is Wharton SF and back ups are UCLA and USC. My whole reason for wanting the thing is to let executive search committees tick the "prestigious MBA" box when they consider me. The Wharton EMBA admission page specifically called out a desire for a quant percentile about 75 which is what has given me pause. I think I'll retake it; with the GMAT Online it's pretty stress free to have a sitting. Quant section pacing would seem to be the very most responsive skill to practice. I think two weeks of a couple hours a night would really do wonders. As antiga noted I wouldn't want this to be the fatal flaw. Slow Motion fucked around with this message at 04:18 on Oct 7, 2020 |
# ? Oct 7, 2020 04:15 |
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That all makes sense. Best of luck! Quant def does respond to practice. Surprised they have specific gmat targets for an emba. Often those programs don't care too much about the gmat. Many even waive it completely, I think. Xguard86 fucked around with this message at 13:13 on Oct 7, 2020 |
# ? Oct 7, 2020 13:10 |
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The prep classes help, esp. with the quant section. I did the Kaplan one although that was a long time ago now so not sure if they are still good / what others there are. Agreed that a section minimum is odd, I've never heard of that either.
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# ? Oct 13, 2020 23:03 |
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Anyone here go to MIT Sloan? I am applying for the January deadline.
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# ? Oct 22, 2020 01:45 |
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Not that it will be remotely helpful to anyone: I took it two additional times. Second GMAT Online sitting got the same drat 720, but this time with even better verbal and even worse quant. Also a 7 instead of an 8 on reasoning so gently caress that poo poo. I swear I studied hard for that and got a 760 on the second official practice exam the day before. I registered for a testing center two days later. First testing center GMAT: 750, 47/46 quant/verbal with another 8 on reasoning. I'm good with this. I didn't study at all. I honestly just think the second online gmat was inconsistent in content with the other two sittings. Now I have to wonder if I shouldn't throw a couple full time program apps out there just to see if they want to give me money. I doubt I could be tempted away from by current job but you never know. Slow Motion fucked around with this message at 21:52 on Oct 31, 2020 |
# ? Oct 31, 2020 21:46 |
Anybody here go through McCombs at UT in Austin? It will be my only choice due to various reasons, so I obviously want to maximize my chances. My undergrad wasn't very great, Baylor with a 2.9 GPA (4.0 in partying), but I am 37 with many years of work experience with the last 8 years being in IT Project Management with a PMP cert on fairly large and complex projects. I haven't taken the GMAT yet, but I am quite confident I can get a decent if not great score. I also have some pretty good contacts with strong ties who would put in a good word behind the scenes, which I know this is supposed to be fully merit based, but I can't imagine wouldn't help. I am not even sure if this is something I will move forward with, but I am just trying to get a feel for how hard it is to get in. If anybody went through it I would love to pick your brain about the experience. I'm looking at the full time program.
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# ? Nov 21, 2020 04:41 |
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I went to McCombs but PT and via one of their other TX city programs. So, only sorta helpful. I work in tech and I did go through OCR and got a job. Edit: just saw the last part about getting in. Well 2.9 is below the average by a decent margin. I think something around a 3.5 is the mean. Can check on UT's admission page for the most recent number. Maybe you catch a break if it's a STEM major but its not favorable to your profile. If you haven't taken the gmat yet I would take one of the practice tests. Rule of thumb is that you can improve by about 100 points if you really study. Math is easier to improve than verbal. With your gpa looking at needing above the average score which means 700+ . Project management is prob "okay". It's not going to get you any points for uniqueness or blow anyone away in prestige but it's also not a question mark on if you can cut it in a white collar job. You're also a little old. Which isn't a problem with a compelling story but again, just not going to pop off a page compared to some of these 20 something wunderkind. What is your reason for wanting to go and wanting to go FT? Having a compelling reason is big. Xguard86 fucked around with this message at 21:20 on Nov 21, 2020 |
# ? Nov 21, 2020 13:21 |
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Agree with all the above. Stats-wise, you'll need to SLAY the GMAT. Admissions will want to ensure you can hack the quant courses, so I would advise something at least 20 points higher than median, and definitely above 700. I also had a 2.9 in undergrad, but had a good reason (finished school over 8 years of being in the military) + 740 GMAT and got into a top 10 program. Use any optional essay they offer to explain it, and try to find a better reason than partying. It's doable, but it will be an uphill battle.
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# ? Nov 22, 2020 08:14 |
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I also got into the McCombs Part-time MBA (via Dallas) with a somewhat low GPA (3.1) but was able to score a 700 GMAT. I also focused mainly on my work experience during the interview and I think that helped so you have a lot to pull from on that end.
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# ? Dec 2, 2020 07:30 |
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Anyone have any knowledge/experience around INSEAD, specifically the campus in France? I've just started looking into options for a 1-2 years down the track and it's currently the one that's caught my eye the most. Background: I'm 33, Finance major, working in a Strategy & Planning role for a large Australasian defense organization (that's as specific as I'll get) and about to move into a team lead position. Currently thinking about the next 5-10 years and MBA seems to me the best way to move up into upper management level positions down the track.
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# ? Dec 6, 2020 03:29 |
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are you trying to stay with your current company or not? sounds like you want to stay with your current company based on your post. if so you should figure out what they do for advanced degrees first, there may be an opportunity for them to fund it etc.
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# ? Dec 8, 2020 16:33 |
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Jomo posted:Anyone have any knowledge/experience around INSEAD, specifically the campus in France? I've just started looking into options for a 1-2 years down the track and it's currently the one that's caught my eye the most. 2014 grad here, with the majority of the time spent in Fontainebleau. AMA!
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# ? Dec 15, 2020 14:16 |
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CarForumPoster posted:Anyone here go to MIT Sloan? I am applying for the January deadline. Welp, applied to the EMBA. They have said that people in my scenario have a roughly 0 chance of getting in to the EMBA program, but I applied anyway. Should know in a month or two.
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# ? Dec 27, 2020 19:15 |
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In at Wharton
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# ? Jan 21, 2021 01:46 |
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Grats!
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# ? Jan 21, 2021 01:55 |
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Slow Motion posted:In at Wharton W2G!!!!!! I’m waiting to hear from the Sloan EMBA. I’m hilariously unqualified but I’ve landed more competitive things before so we’ll see. Prob won’t make it but eh I’ll be fine regardless.
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# ? Jan 21, 2021 02:12 |
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CarForumPoster posted:W2G!!!!!! I hear Sloan is a great program and Boston is a fun city. Fingers crossed for you!
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# ? Jan 21, 2021 03:38 |
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# ? Apr 26, 2024 00:09 |
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Slow Motion posted:I hear Sloan is a great program and Boston is a fun city. Fingers crossed for you! TY! They say they're firm on 10 years post undergrad as a minimum, which I don't meet, so I'm realllly trying not to get my hopes up. The EMBA structure is sweet though: 2-4 days per month and 4 week-long modules, done in 20 months. No way I can do a full time with running a business. EDIT: Didnt get in CarForumPoster fucked around with this message at 00:26 on Jan 26, 2021 |
# ? Jan 21, 2021 16:42 |