http://www.mbaprograms.org/mbaadmission/7criteria2.asp
Moving on, it also suggests that you stay within your industry before you apply so that you can bring an in-depth experience of it to composition of your class. This suggests that I should stick with IT, even though I might otherwise be disinclined to. Right now my job is almost entirely programming, but next year since I really crave change I could make a switch but stay within IT to get a broader set of experience within the industry.
The last concern for me is when to apply. By the time I graduate, I'll have 3 years of full-time programming experience. I was also enrolled full-time for 2 of those years. Every app I look at specifies 2 years of post-grad work experience. Is that just a reflection of the fact that most applicants don't work "real" jobs until they graduate and that this assumption is built in to the wording on the app? If so, I shouldn't have to worry, but if they are anal about it, I should. My concern is, obviously, that I will apply and be rejected on the basis of insufficient experience, despite a high gmat and achieving a good gpa (in my last 2.5 years) while working full-time. If that were the case, the above guide presents a fairly convincing argument that I would not be in the most enviable position to re-apply the following year, in which case I should just wait and apply later.
Lastly, would you guys advise taking a prep course? I'm a very good test-taker, but it's been ages since I'd done the type of math that's on the gmat. I could easily re-learn it myself, but maybe there are other things to gain from prep courses that would help with my score. I'm really looking to be in the ballpark fo 700 so that I can apply to the top programs.
Is there much truth in this article with regards to how admissions boards select their class? If so, it's encouraging to me since I won't have the IB/consulting experience but will have significant experience in software development which directly relates to streamlining business processes. I could write some really good essays based on the role i've taken and the work i've done on a couple big projects. All things being equal (a high GMAT score), I always assumed I'd be going head to head with the finance/consulting guys at significant disadvantage, but this presents a different picture.A Typical Class Profile
Given all the differences among the top schools, I'm always surprised at the consistency they show when selecting their classes.
At most of them, approximately 60 to 65 percent of admitted students will come from finance and consulting backgrounds. Below is a typical admit profile.
The finance and consulting are the best backgrounds from which to apply (they offer the most spots), but as I've already mentioned, a disproportionate number of people apply from those backgrounds, making them very competitive categories.
The consistency in class composition should tell you something about how admissions officers choose their classes. Namely, if you come from a finance background, you will, for the most part, compete only with other finance people for the limited number of finance spots available.
If you are a consultant, you will compete with other consultants. It's more a practice dictated by circumstances than an explicit policy acknowledged by admissions officers (though some acknowledge it).
Although there are no strict quotas for each category, the final numbers are amazingly consistent from year to year regardless of the number of finance or consulting people who actually apply.
So the overwhelming number of applicants from a few categories, coupled with the need to assemble a diverse group, in effect, forces admissions people to pit consultant against consultant and investment banker against investment banker, even without a policy to do so.
And it makes sense to me to compare apples to apples. After all, what criteria would you use if you had to choose between an asset manager and a software engineer?
Moving on, it also suggests that you stay within your industry before you apply so that you can bring an in-depth experience of it to composition of your class. This suggests that I should stick with IT, even though I might otherwise be disinclined to. Right now my job is almost entirely programming, but next year since I really crave change I could make a switch but stay within IT to get a broader set of experience within the industry.
The last concern for me is when to apply. By the time I graduate, I'll have 3 years of full-time programming experience. I was also enrolled full-time for 2 of those years. Every app I look at specifies 2 years of post-grad work experience. Is that just a reflection of the fact that most applicants don't work "real" jobs until they graduate and that this assumption is built in to the wording on the app? If so, I shouldn't have to worry, but if they are anal about it, I should. My concern is, obviously, that I will apply and be rejected on the basis of insufficient experience, despite a high gmat and achieving a good gpa (in my last 2.5 years) while working full-time. If that were the case, the above guide presents a fairly convincing argument that I would not be in the most enviable position to re-apply the following year, in which case I should just wait and apply later.
Lastly, would you guys advise taking a prep course? I'm a very good test-taker, but it's been ages since I'd done the type of math that's on the gmat. I could easily re-learn it myself, but maybe there are other things to gain from prep courses that would help with my score. I'm really looking to be in the ballpark fo 700 so that I can apply to the top programs.