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Second Submission of Essay with Editor’s Comments:
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Over the next few years, I would like to round out my corporate finance experience with exposure to other areas of finance, even possibly investment banking . Even more importantly, I aim to learn about other areas of businessparticularly marketing and strategy. Doing so will help me become a well-rounded manager who understands all of the inner workings of a company . My ultimate goal is to become CFO of a large company, but in the shorter term I know that the best way to grow professionally is to learn more about general business, and a Chicago MBA will help me do just that .
I received my degree in Business Management with a concentration of Finance at Delaware State College in the undergraduate business program, which had just formed two years before I joined. Due to the newness of the program, there were not many classes set up specifically for undergraduate business students. We were thus all placed in graduate level classes along with the MBA students in Delaware State's business school. This experience proved to be the most exciting and, at the same time, the most intimidating one in my life. It was exciting because I realized that I had the intelligence to learn alongside current MBA students, but it was scary because I learned that I had much to learn in business. It was for this reason that I decided I needed to acquire a good basis of understanding in finance once I graduated from college .
I reasoned that the best way to truly learn and understand finance was to start as an accountant and get a good grounding in the basics of the income statement and its components . This led to my first job as a Staff Accountant at Bob Chinn's, Inc., a restaurant operator in Chicago. After two solid years of accounting, I realized that I wanted to learn more about the operations that generated the statement, as well as the workings of planning and forecasting. Rather than just reporting what had happened, I wanted to be closer to the decisions that steer the business. This led me to my current job as a financial analyst at A.T. & Love Corp .
I have now reached another point of awareness in my life , and I want to expand my knowledge of business in general, in order to grow as a potential manager. In particular, I would like to combine what I learn at Chicago GSB with my own experiences to figure out how a company structures its finances can help its managers make better decisions . For instance, I have seen companies with too much debt make decisions for the wrong reasons, and I would like to learn how to avoid making these same mistakes in the future.
The first step to learning and applying these lessons is for me to gain more formal training in business school. With its flexible curriculum and a student body so dedicated to seeking answers to tough questions, I know that Chicago GSB is the ideal place for me to take this next step in my life . |
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Content:
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You very clearly
and directly answer questions that are asked. The admissions
committee can get a clear sense of who you are and what you want
to do with your career.
You might consider giving a bit more explanation as to why you
have set these goals for yourself. Questions you might want to
answer are:
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Why do you want
to be a CFO? Maybe you admire the CFO of the company you
work for now.
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Why do you
think investment banking is the best post-grad school
position to prepare you to be a CFO v. getting a position in
corporate finance at a company and working your way up? I
think the admissions committee will know why (i.e., exposure
to many industries, etc), but they want to know that you
know.
The last two paragraphs could be more specific and focused.
Here you begin to talk about why business school and why
Chicago. You have already showed the admissions committee
how thoughtful you have been with your career choices to
date and it would be to your benefit to show the same level
of detail/thought with your educational goals and choice of
school. Sections below give specific items to add.
Adding content might be hard, given you are currently slightly over the word limit. If you are looking to make room, consider condensing the background part (second paragraph). It’s relatively less important that the other sections (it supports and explains the answers to your questions, rather than addressing the questions directly) and the sentences of that paragraph could be more concise. |
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Content Rating: 4 (out of 5)
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Parameters / Structure:
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The first paragraph is great in that you address the question straight away. The first two sentences do leave the reader asking “why?”. Why do you want to round out your corporate finance experience? Why do you want exposure to other areas of business? We find out in the last sentence that is it because you want to be a CFO. Consider stating that in the beginning and then going to the short term goals / education goals.
For example:
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Over the
long-term, I want to be a CFO of a large company.
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To prepare me
for that position, I aim to be an investment banker.
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I want to go to
GSB so that I can round out my corporate finance experience
and learn about general areas of business (i.e., marketing).
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Parameters / Structure Rating:
3 (out
of 5)
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Grammar:
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Excellent! No
noticeable errors.
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Slightly over word limit. Don’t try to cut out words and the expense of losing the clear style of the essay.
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Word choice is
awkward in a couple places and is noted in the essay
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Slightly less
concise than the first essay. You might consider condensing
some sentences, especially in the second and fourth
paragraphs
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Grammar Rating:
5 (out of 5)
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Use of “Situation, Action, Result” format (if applicable):
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N/A
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Reflection on Target School:
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Much better than first draft. You still have to show that you
have a deeper interest in Chicago GSB and more familiarity with
the program.
There are few areas that you’ll need to address:
- What is unique about GSB that fits my educational and career goals? The GSB’s strength in the finance community is probably one main reason.
- How is Chicago different than other top schools and what does that attract you? You might consider looking at how Chicago is different that other programs (i.e., Wharton, Columbia) that are commonly considered “financed-focused” and determine what is different about the GSB. How does that fit in with your goals? Give reasons why the GSB is the only school that makes sense for you to attend.
- What is unique about me that will make me fit in at GSB and make contributions that no one else can? You have a strong background in finance, so maybe that’s a good place to start. Describing fit is hard to do. If you can, try to talk to current students or alumni.
- Mention if you have visited the school
You might consider dedicating more than just one sentence to this part. |
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Reflection on Background::
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Very well done! You added great level of detail about your
undergraduate experience and how it impacted your career
decisions to date.
You might consider addressing why finance versus other career
options that would give you exposure to business as well.
Also consider explaining why accounting and not an entry-level
job in a corporate finance department, since finance is your
main interest out of school. |
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Rating Descriptions
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Category
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Rating
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Description
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Content
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4-5 |
The essay adequately answers all
elements of the essay and utilizes a fitting experience /
example for the question at hand. |
| 3 |
The essay does not completely
address the essay and / or the experience / example used is
not compelling. |
| 1-2 |
The essay fails to adequately
answer a critical portion of the essay and does not use a
fitting experience / example for the question at hand.
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Grammar
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4-5 |
The essay has minimal grammar
flaws, including syntax, sentence structure and use of
idioms. |
| 3 |
The essay exhibits grammar flaws that should be addressed, but do not affect “readability”. |
| 1-2 |
The essay exhibits grammar flaws that detract from the essay and do affect “readability”. |
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Structure
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4-5 |
The essay flows well, is concise
and meets the word limit criterion. |
| 3 |
The essay surpasses the word
limit by a noticeable margin and the essay would benefit
from structural improvement. |
| 1-2 |
The essay is difficult to follow
and the main points of the essay are difficult to extract. |
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