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 Post subject: Direction and Career Swtich
 Post Posted: Thu Nov 17, 2011 12:48 pm 
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Course Students


Posts: 3
I gave my GMAT recently and scored 690 (48 Q and 37 V). I need some idea about the direction I need to take from here on. I am confused with this score.

Quick brief -
In last 3-4 years I developed a new passion and I want to make it my profession. I have almost been working 14-16 hours a day (actual job and parallely pursuing my passion) since last few years. I am very passionate about investment management/equity research. I read books after books on investments and I enjoy going through company reports. I have my own little software to calculate the fair value of a company. Last year I came across some IB interview questions from UT Austin and was able to answer more than 60% of questions by the bank. I have never ever felt such clarity of goal and direction in life as in last few years. I have started seeing myself as a portfolio manager in 10 years time. Sometimes I feel that I am born to do this.

I single handedly launched a website for mutual funds that is and will be shortly doing so for stocks. This is non profit website that is for people who cant afford professional service.
http://www.mutualfundsforfuture.com/

I have been maintaining few portfolios since three years. In fact I plan on opening a company down the line that will provide a similar service but will be far more detailed.
http://socialize.morningstar.com/NewSoc%20...%20613C939B0C
Basically, I want to make a career switch to investment/asset management. For this reason going to university below top 15 is not an option for me. But the bottom line is - Is 690 enough for career switch?

About Myself -

I am an IT consultant from India ( I know!). I had 3.6 GPA in undergrad and I did my MS from Wayne State University with GPA of 3.3. I have been working for over 5 years now and I enjoy my job. I like to lead from the front and I am ready to solve any problem thrown at me. I have strong recos from my current and previous bosses who themselves went to MIT and Univ of Wisconsin @ Madison respectively, if that helps at all.

On personal front I enjoying running marathons (I have couple of half marathons under my belt and am planning on a full next year) and I play a bit of guitar. Every now and then I do some volunteer work for the Indian temple in Austin.

Thanks
Sumeet


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 Post subject: Re: Direction and Career Swtich
 Post Posted: Tue Nov 29, 2011 10:38 am 
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Students


Posts: 1124
Hi Sumeet,

Thanks for writing in. There is no GMAT benchmark that is high enough (or too low!) for a career switch. Instead focus on your motivations for the switch, the transferable skills you'll bring to this field as a former IT consultant, and how an MBA will help fill the gaps to make you successful. Beyond that I advise you to apply to schools where your score comfortably lies in the median GMAT range. With a 690, you would likely want to focus in the top-15/20 range.

Best of luck,

Daniel Richards
http://www.mbamission.com

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