Evaluation if I should get my MBA now

<p>Here are some details about me, I am a junior at Rutgers School of Engineering Majoring in Industrial Engineering. I have a 3.2 cum and a 3.5 major gpa. I have taken the gmats and have scored a 700. Rutgers offers a 5 year program for engineers to get their mba during their senior year and 5th year, I know I will get into this. My goal is to be an investment banker. I do not want to work as an engineer out of college, I either want to get into ibanking now or an mba program now. I have tons of internship experience working for Johnson and Johnson and as a top salesperson. What path do any of you suggest I take, any program that you think will admit me end of my senior year?</p>

<p>Quite frankly, getting an MBA at this point is not going to get you into ibanking (realistically, there is always a slim chance but it is extremely small). Also, you probably won't be able to get into investment banking right now, either (again, nothing is absolute).</p>

<p>If I was in your situation and had similar goals, I would get a job out of college (apply to what interests you - apply for ibanking positions, but don't get your hopes up). Then, after you have received good job experience, apply to some top MBA programs. Coming out of the MBA program you will then have a realistic chance at an ibanking position.</p>

<p>Your GMAT is strong, but your GPA is a little weak so top programs will probably be a stretch, but with good job experience you will have a decent shot at MBA programs outside of the elite class (these schools will still feed reasonably well into nice finance positions).</p>

<p>Would you not like to go into sales? It seems like that would be the logical career path and no need for an MBA.</p>

<p>You have a good GMAT, but your GPA is too weak to apply to a top 10 Bschool (undergrad GPA weighs less and less the further you are removed from college). Take redsox's advice... find a good job and try to land a top MBA program</p>

<p>Honestly I think an MBA student from Rutgers has less of a chance to get into investment banking than an undergrad from Rutgers... really try to go somewhere else</p>

<p>The only reason I think you may want to get a few years work experience is that if you've never worked as an ibanker, you may realize that it's not what you want to do afterall. </p>

<p>Also, you don't need to get into a top 10 b-school to go into ibanking. In fact, you can go into it without an MBA.</p>

<p>Going through the fast track MBA program through your school is one option. Or you can apply to other programs as many bschools do accept young applicants, off the top of my head, Stanford, Wharton, Harvard, Tepper. But being young in business school does have some disadvantages such as finding a job after graduation, since you'll have a really light resume. </p>

<p>But on the other hand, you'll have gotten it out of the way and years later, won't have to take the time off to go back to school. </p>

<p>Weigh your options. Good luck.</p>

<p>Janet
MBAPodcaster</p>

<p>wait before</p>