Handicapping Your Elite B-School Odds

He’s a cancer survivor and an Eagle Scout who has worked as both a consultant and an analyst for a private equity firm in Boston. With a 740 GMAT and a 3.9 grade point average, this 27-year-old hopes an MBA degree will allow him to return to private equity in a more meaningful role.

She’s a triple major Ivy League graduate who is currently working part-time for  Morgan Stanley Smith Barney. With a 780 GMAT and a 3.87 GPA, this 20-year-old Asian woman wants to know if she has the right stuff to get into Harvard Business School’s 2+2 program for undergraduates.

He’s a poet who works in the corporate treasury department at Disney Co. But with a 700 GMAT and a 3.48 GPA, this 25-year-old professional worries that his history major could hurt his chances of getting into a top-ranked business school.

Sandy Kreisberg, HBS Guru, in Harvard Square

What these MBA applicants share in common is the goal to get into one of the world’s best business schools. Do they have the raw stats and experience to get in? Or will they get dinged by their dream schools?

Sanford “Sandy” Kreisberg, founder of MBA admissions consulting firm HBSGuru.com, is here again to analyze these and a few other profiles of actual MBA applicants who have shared their vital statistics with Poets&Quants.

In this best of collection, Kreisberg handicaps each potential applicant’s odds of getting into a top-ranked business school. If you include your own stats and characteristics in the comments, we’ll pick a few more and have Kreisberg assess your chances in a follow-up feature. (Please add your age and be clear on the sequence of your jobs in relaying work experience. Make sure you let us know your current job.)

Sandy’s tell-it-like-it-is assessment:

Mr. Cancer Survivor

  • 740 GMAT
  • 3.9 GPA
  • Undergraduate degree in accounting from a competitive private school
  • Survived cancer during freshman year of college and have been actively involved in pediatric cancer advocacy ever since
  • Work experience includes one and one-half years at a major consulting firm (LEK/Monitor) and two years at a well-known, mid-market private equity shop in Boston
  • Extracurricular involvement in significant leadership positions during a two-year service mission for his church in Northern California; also founded and directed a tutoring program to help inmates earn GED diplomas; Eagle Scout, president of alumni chapter and volunteer in pediatric cancer unit of children’s hospital
  • Goals: To get back into private equity PE and help grow medium-sized businesses
  • “Not to be cynical, but how do I leverage my cancer story to my advantage? Have you seen this done successfully before?
What makes the white male consultant/PE guy stand out in a crowded field of so many with a similar profile?”
  • 27-year-old, married white male

Odds of Success:

Harvard: 30% to 45%
Stanford: 15% to 20%
Wharton: 40% to 50%
Chicago:  50+%
MIT: 40% to 50%

Sandy’s Analysis: Guys like you get into Harvard Business School without cancer stories. You got a solid record and scores and LEK/Monitor class employment  is good starter situation. I assume your current PE shop is also good feeder firm. You are an interesting contrast to the guy above you, and you are how peeps with accounting degrees get into HBS. Somehow you wound up at LEK/Monitor, and he wound up in the Big 4. That could be the critical difference.

As to your questions, surviving cancer is not as big a plus as you might think (what else were you supposed to do?) What really matters is what you did afterwards by becoming a cancer advocate. That does register as an excellent extra, since it impacts people beyond yourself and you seem to have taken a leadership role. HBS also likes helping prison inmates–your other strong extra–some of whom might have been HBS grads unbeknownst to you. There are certainly enough HBS cons and ex-cons around, not to mention a very large group of HBS gradswho would be in jail if that were determined by general election and not judges. But I am getting light headed.

You got a real strong story in toto. As to your questions, how to spin the cancer issue? You can use your cancer story as a setback you overcame. HBS sees lots of essays like that, some better than others, depending on the core facts and  on what you draw out of the experience. And you can use your volunteer work with cancer patients as an accomplishment, or you can combine both into the last 400-word essay, sort of I WISH YOU ASKED ME ABOUT MY CANCER AND WHAT FOLLOWED. So you can play it lots of different ways.

Sometimes ”big” personal stories like cancer, losing buddies in war (by military guys), suicide of friends or parents, and AIDS, really register hard and sometimes those stories don’t, and are treated respectfully but not really as a super value add. It is a real interesting phenomenon, and it depends on your execution of the story itself and your take away, as well as how  it synchs up with everything else in your app. I think you will score a hit with your work with pediatric cancer patients because it links up with the entire service theme in your story.

You’re a guy with real good GPA/GMAT stats who has lots of extras, especially for a guy in consulting/PE, where current extras are often thin. HBS takes guys like you all the time, and also dings them if 1. You get unlucky, 2. Someone thinks you are trying too hard, despite all the do-gooder stuff. Asking the very questions you asked could be a hint of that possibly happening, although I appreciate your honesty and the occasion to opine on how to game this — adcoms smelling that same wind may declare foul. That is what you got to watch out for.

As noted many times (something I seem to be saying many times) getting into HBS is more about FITTING IN rather than STANDING OUT. You got great grades and GMAT, you work for solid firms, you got solid extras—that is fitting in. You don’t need cancer, although sure, you had it, so live it up.

Just don’t let it kill your app. That would be one way cancer would get the last laugh.

  • John

    Sandy! Thank you doing this for all of us as it is very helpful. I am a 27 year old beverage manager for the second largest Hyatt hotel in the country. I currently oversee about 3 Million dollars in revenue. I was recruited from the Marriott corporation in which I turned around there worst performing hotels food and beverage operation (restaurant and bars) into something towards the middle of the pack. I have a 3.4 from a SEC state school and a 710 on my GMAT. I would love to move into strategy consulting post MBA and am targeting Darden and Michigan in particular. I would love your thoughts on my profile. Thanks again for all that you do!

  • IntelOfficer

    Sandy,
    I would appreciate some feedback on my profile:
    Female
    670 GMAT (taking it again in a few weeks- goal of 700+)
    3.4 GPA from West Point in Economics, with a track in Civil Engineering (graduated in the top 30% of my class)
    Activities at West Point included being captain of the Alpine Ski Team, competed in Sandhurst military competition and was an active member of the Model UN team
    27 years old
    Four years in the Army as an Intelligence Officer, plan on getting out after the five year mark
    Current Job: Intelligence officer for a Battalion of 500 soldiers, manage a team of four people directly, handle all intelligence analysis, security and anti-terrorism issues
    Former jobs: I was a intelligence, surveillance and reconnaisance collection manager in Iraq; I tasked, scheduled and planned missions for the intelligence assets in almost all of western Iraq (Anbar Province) as the US was getting ready to leave the country.
    Platoon leader of a military intelligence platoon of 26 soldiers for two years, one of those years was deployed to Iraq. I was responsible for 12 million dollars worth of equipment and training those 26 soldiers to get ready for the deployment. Within the platoon I had soldiers with four different types of intellgence jobs and functions, and multiple age levels.
    Other information: For the last several months I have been assisting a military family in my spare time to cope with transitioning after a tragic incident. I have traveled quite a bit, I taught English in Cambodia for a month when I was a cadet at West Point, I have climbed Mt. Kilimanjaro and have been to a number of countries in Europe and South America. I also volunteer with Habitat for Humanity, although not in a leadership role.
    Focus schools: Duke, University of North Carolina-Chapel Hill, Darden
    Future goals: Get some solid business experience, eventually become my own boss
    Any suggestions would be appreciated, thank you.

  • Mr. Nothing Special

    Sandy! Haven’t seen you handicapping accountants for along time. Give me a try! Mr. Nothing special.26 year old asian male from former ussr country.

    720 GMAT Expected.
    3.8 GPA from Mariott school of business with undergraduate degree in Accounting.
    Work experience includes auditor in Big4 (4 years); head of reporting dpt in one of the largest national oil and gas company listed on LSE (one year); later on promoted to deputy chief accountant (1 year). Can get good reference letters from my management. Have both CPA andACCA certificates, and currently a level 2 CFA candidate.
    Throughout college worked full-time, so didn’t have much time for extracurricular. Interested in Harvard,

    Stanford,Wharton,MIT,Duke,
    Yale,

    Northwestern,

    Chicago,

    Dartmouth,

    INSEAD.

    Let the bashing begin :)) Thanks Sandy!

  • Duriangris

    Sandy!!
    I can’t wait to let you evaluate my amazing profile. Before that I need you to shed some light on the GPA.

    As a European, educated in Europe (engineering school), I have no such thing as a GPA. Worse than that, there is even no way to calculate a yearly average for my score. Funny thing, we had a different system every year during our undergrad: percentage, A-F, 0/20, you name it. Even scarier, the rating system for each class is harsh (say, for some courses only stellar students can get a D, no one has ever got an A or a B). And to make things more apocalyptic, we are not even ranked.

    Now I understand that the GPA is a very important piece of the application, but is it also the case for foreigners? If so, am I already doomed if I try to apply HSW? (GMAT fyi: 730, 96th pct)
    Should I talk about it in my essay? Something I wish I had done better: avoid attending a sadistic undergrad that dooms your application chances!!

  • Duriangris

    Sandy!!
    I can’t wait to let you evaluate my amazing profile. Before that I need you to shed some light on the GPA.

    As a European, educated in Europe (engineering school), I have no such thing as a GPA. Worse then that, there is even no way to calculate a yearly average for my score. Funny thing, we had a different system every year during our undergrad: percentage, A-F, 0/20, you name it. Even scarier, the rating system for each class is harsh (say, for some courses only stellar students can get a D, no one has ever got an A or a B). And to make things more apocalyptic, we are not even ranked.

    Now I understand that the GPA is a very important piece of the application, but is it also the case for foreigners? If so, am I already doomed if I try to apply HSW? (GMAT fyi: 730, 96th pct)
    Should I talk about it in my essay? Something I wish I had done better: avoid attending a sadistic undergrad that dooms your application chances!!

  • anonymous123

    Here is my question: does my work history in finance, undergrad history, and math ability as demonstrated by passing CFA Level 1 offset my (two) bad quant scores for a top [20] school? With no ROI on my GMAT prep (around 50 hrs, using MGMAT primarily), I’m hesitant to take it again and watch my Q score fall further.
    2006 GMAT – 660 – V 92%/ Q 51%
    2012 GMAT – 660 – V 96%/ Q 44%
    Undergrad Finance degree from top business program at top public U (3.5 GPA, 3.6 in finance/accounting), and Beta Gamma Sigma
    Took CFA Part 1 exam and passed at first sitting (haven’t sat for others)
    3 years investment banking at boutique regional firm
    1 year commercial real estate acquisitions
    6+ years specialty finance with portfolio/staff responsibility for niche but successful specialty finance firm

  • Hockey1316

    750 GMAT3.83 GPAUndergraduate degree in Finance and International Business from a competitive state school (think PSU, Maryland, etc.)4 year college athleteWork experience includes two and one-half years at a Big 4 (Pwc/Deloitte) consulting in M&A Advisory
    Extracurricular involvement in non-profit work for Adult Education. Started my own non-profit over the last two years and worked for 4 years on the Board of Directors during school for another program. Goals: I want to move out of Advisory and into either PE or transition my skills to advance my non-profit idea 25-year-old, married white male
    Should I apply now or try to get a better job first in a higher tier consulting or banking/PE role ?Chances at HBS, Wharton, Booth, Tuck, MIT, and Columbia/NYU
    Thank you