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Years of Work before MBA

post #1 of 24
5/15/09 at 11:02pm
Thread Starter 
I'm currently studying for the GMATs and need a little inspiration (it's friday night). When applying to top business schools, I understand the more experience the better.

That being said, I've been thinking that entry into a top school would be guaranteed by the following pairings:

1 year experience & GMAT 780
2 years & 730
3 years & 700
4 years & 680

tengo razon?
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post #2 of 24
5/16/09 at 7:19pm
Quote:
Originally Posted by newinny View Post
I'm currently studying for the GMATs and need a little inspiration (it's friday night). When applying to top business schools, I understand the more experience the better.

That being said, I've been thinking that entry into a top school would be guaranteed by the following pairings:

1 year experience & GMAT 780
2 years & 730
3 years & 700
4 years & 680

tengo razon?

with the current economic situation and the rise in the app volume, 680 will be tough regardless.

But it all depends - on type of experience, minority status, etc..
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post #3 of 24
5/16/09 at 7:44pm
Well like the previous response stated, with the economic situation that we are in, it will be harder to get in. However, experience is paramount. The scores are important, but what you have done gives you a great deal of separation from those just graduating. Good Luck.
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post #4 of 24
5/17/09 at 10:58am
GMAT is more of a toll gate. Its not like X points = a year of experience

K
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post #5 of 24
5/17/09 at 6:34pm
Thread Starter 
From Wikipedia...

Quote:
Oxford University´s Said School reports a mean of 729 for the MFE program

The Wharton School of the University of Pennsylvania, commonly regarded as one of the top business schools in the U.S., reports an average score of 715;

Harvard Business School, another top tier U.S. business school, reports a 2006 average of 707.

Northwestern University's Kellogg School of Management reports an average GMAT of 700, with approximately 75 percent of enrolled students scoring between 650 and 740.

At the Indian School of Business the class of 2009 reports an average score of 714.

IIM Ahemadabad reports average GMAT score 720 for the sesson 2008-2009

INSEAD, a leading global business school with a highly multinational student body, reports a 2005 average of 705.
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post #6 of 24
5/17/09 at 8:37pm
Quote:
Originally Posted by VKK3450 View Post
GMAT is more of a toll gate. Its not like X points = a year of experience

K

Yep. When I did time, 5 years experience was average. 700ish gmats seemed to be average as well. There are lots of companies that don't interview unless you are 700+ gmat.
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post #7 of 24
8/2/09 at 3:21am
Quote:
Originally Posted by newinny View Post
I'm currently studying for the GMATs and need a little inspiration (it's friday night). When applying to top business schools, I understand the more experience the better.

That being said, I've been thinking that entry into a top school would be guaranteed by the following pairings:

1 year experience & GMAT 780
2 years & 730
3 years & 700
4 years & 680

tengo razon?

Defintely not that easy. A 680 is low no matter how you look at it, and things aren't extrapolated so neatly by years of work experience. The average GMAT and average work experience is 710 and 5 years... so there's no way your 4 years/680 would "guarantee" anything.

Quality of work experience, GPA, essays/letters of rec and your gender/ethnicity are all big factors.
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post #8 of 24
8/2/09 at 3:24am
Unless you are a wise Latina woman, then all bets are off.
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post #9 of 24
8/2/09 at 3:27am
Quote:
Originally Posted by crazyquik View Post
Unless you are a wise Latina woman, then all bets are off.

Indeed.
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post #10 of 24
8/2/09 at 3:32am
Quote:
Originally Posted by crazyquik View Post
Unless you are a wise Latina woman, then all bets are off.

Yep. Preferably one who grew up in some little town in Oklahoma, graduated magna cum laude from Yale, and now works at McKinsey in Buenos Aires or Santiago. The door to HBS is wide open.
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post #11 of 24
8/2/09 at 4:43am
Quote:
Originally Posted by crazyquik View Post
Unless you are a wise Latina woman, then all bets are off.

Or, better yet... your name is LaShawannaw Washington Lopez
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post #12 of 24
8/2/09 at 6:45pm
Thread Starter 
As a followup, I took the GMATs a month ago and got a 760. According to my original and highly scientific scale, that means I could get into b-school with one and a half years of experience.
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post #13 of 24
8/2/09 at 6:46pm
Quote:
Originally Posted by newinny View Post
As a followup, I took the GMATs a month ago and got a 760.

Congrats! Time to put together some solid essays and get yourself a seat at a top 10
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post #14 of 24
8/2/09 at 7:09pm
Thread Starter 
thanks
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post #15 of 24
4/6/10 at 9:58am
Thread Starter 
To continue my epic thread, I finished the GMAT and applied to three schools over the winter and spring. Just got some results back and now have some tough decisions to make.

What is everyone's opinion on Wharton vs. MIT for a finance career?
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