S14E14: The MBA Dilemma: When Is the Right Time to Pursue Business School?
Jun 26, 2024
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Rafa, a former McKinsey consultant and FinTech professional, shares her journey to business school. She discusses leaving McKinsey, tips for MBA applications, standing out in applications, and choosing between top schools like Kellogg, Chicago Booth, Stanford, and Harvard.
Importance of understanding one's story in MBA applications.
Choosing MBA programs based on industry focus and aligning with career goals.
Deep dives
Rafa's Career Journey and Decision to Pursue an MBA
Rafa shares her career journey from law to consulting at McKinsey, where she developed business skills but yearned for a focus on tech. She later joined a FinTech startup to pursue her passion for technology and financial inclusion in Brazil. Wanting to become a more prepared leader, she decided to apply to MBA programs in the US.
Leaving McKinsey and MBA Decision
Rafa faced a tough decision to leave McKinsey after almost four years to focus on tech aspects in startups. She wanted more specialized projects focusing on tech such as machine learning. Planning to pursue an MBA, she sought a program to align with her goal of promoting financial inclusion. Rafa emphasized the importance of understanding one's story and achievements early in the MBA application process.
Choosing an MBA Program and Pro Tips for Standing Out
Considering factors like industry focus and alumni network, Rafa evaluated several MBA programs to align with her goals in finance and tech. By creating a spreadsheet to weigh different criteria, she identified schools that best matched her career aspirations. Prioritizing the GMAT and understanding her core values were key to standing out in competitive MBA applications.