Handicapping Your MBA Odds: Ms. Dual Degree

sales guy

Mr. Business Tech Analyst

 

  • 760 GMAT (92Q/97V)
  • 3.5 GPA
  • Undergraduate degree in finance and computer information systems from an “ok” public university (think Florida, Texas A&M, or Georgia)
  • Work experience includes three years as a business technology analyst at a top five consulting firm, including work on a project for several months in Asia
  • Internships at Amazon in finance and Siemens in IT
  • Extracurricular involvement as an English teacher in a Chinese university for a semester prior to starting work at the consultancy (I know about 500 or so Chinese words); coached a student who won first place in her province in an English speech competition and was among the top 20 undergraduates in China; former president of the finance society on campus; mentor to under-privileged children in speech and debate at a high school; started a Toastmasters group at work; debated in college for two years.
  • Application Goal: To start working for a strategy consultancy in an Asia office.
  • True Goal: To transition to corporate finance for a big technology company (e.g. Facebook, Google), probably as a product manager
  • 25-year-old white male

Odds at Schools:

Columbia: 50%

Chicago: 50%

Wharton: 40% to 45%

MIT: 50%

Dartmouth: 50%

Berkeley: 50%+

Sandy’s Analysis: I like your style, and I also like speech coaches, but schools you are interested in really don’t care so much. For the record, Toastmasters is an “eh” to mildly suspect group to adcoms  (although I think it is great) because it often attracts hard working and ambitious people who are trying to improve themselves by helping each other and B schools prefer isolated and naturally-gifted types who just assume leadership roles in marquee do-gooder orgs for purposes of self-promotion.

Let the rebuttals from Toastmasters and insulted adcoms begin.

No, I don’t have a peer control group of non-Toastmaster applicants with identical statistics to validate my hunch, BUT NEITHER DO YOU! And I am right based on 20 years of experience, and no reason to lie, versus some rebutting adcom with merely 20 years of experience.

OK, end of that truth-rant, back to the poster. As to him–the 25-year-old white male–schools may not like Toastmasters or they may, but they sure do like

1. 760 GMAT

and they are OK with

2. Solid work in top 5 consultancy

and they will easily blink at

3. 3.5 GPA

given 1 and 2 above.

Soooooo, chances at Columbia, Booth, Wharton, MIT, Tuck, Berkeley, are sorta OK, depending on recommendations, execution, etc.

As often noted, anyone with a 760 GMAT has a good chance at MIT. One stat  I would like to know is the admit rate of 760+ GMATs + some 3.5+ GPA at MIT. It could be real, real high.) Sure,  that goes for other places, too, but MIT really credits mega GMATs a lot, possibly more than other schools.

You say as to your goals: “True goal: To transition to corporate finance for a big technology company (e.g. Facebook, Google), probably as a product manager.

Goal l will put on applications: To start working for a strategy consultancy in an Asia office.”

Hmmmmm, I agree with the goal you will put in applications. Given that you are already a consultant, they will like the fact you want to be a consultant again because, well, you actually might get that job. Not sure you need to throw in the Asia angle. We get it. Going to B -school to trade up from a Top- 5 consulting job (ahem, whatever that means) to a Top-3 consulting job (no debate about that) is the high road to acceptance  success.

As to your “true” goal–“transition to corporate finance for a big technology company (e.g. Facebook, Google), probably as a product manager.”

Just in case it comes up, or you cannot contain yourself, I know what a product manager is, and I know what corporate finance people do. Are there product managers within corporate finance? Does not compute to me, but you are the one who needs to get it straight.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.