Chicago Booth Essay 1# How will the Booth MBA help you achieve your immediate and long-term post-MBA career goals? (250-word minimum)
Profile: Miss. A
Profile (Background): A Reservoir Engineer in the Oil and Gas industry wants to transition into a consulting role.
Target Industry: Energy
Target Function: Consulting
Target Geography: United States
Essay Approach: “Why Booth?”
With Booth's extensive concentrations, Labs, and Global Experiential learning programs, the applicant is planning to move into Consulting in the Energy industry and, in the long term, establish her boutique Consulting company.
Essay Planning
Problem: Gain cross-cultural and operational consulting experience
Problem (Explained): The person has an impressive record of finding nuggets of insight that became a $20 million oil rig operation, but the contributions have been limited to data analysis.
Short-term Goal: Acquire consulting experience, collaborating with multiple stakeholders to work on any global energy projects
Long-Term Goal: To diversify into serving non-energy industries as an entrepreneur
Chicago Booth’s Strength: Chicago Booth’s finance curriculum and 13 concentrations with no majors allow applicants to super-customize the courses to fit their specific skill gap, functional gap, and industry experience.
Opener: The strategy is to emphasize the applicant’s scientific mind and cross-functional collaboration within her niche.
Strategy: Pivoting to a consulting role from a science & technology background, especially with technical implementation skills, is now the most valued career path.
By showcasing the applicant’s background and $20 million impact with her analytical skills, I am showing the applicant’s capability to transition into a consulting career.
Aligning industries is the first goal, as consultants with experience in the industry, in this case, Oil and Gas to Energy, are preferred over complete outsiders.
Sample Booth Goals Essay #1: Oil & Gas to Consulting (729 Words)
The average cost of exploration in an oil rig is $650 million, and the additional cost to the environment is substantial. Under such pressure, I had to rely on the expertise of geologists and geophysicists while also interpreting laws of physics and chemical properties to find the most profitable oil & gas reserves.
Last year, a friend in the M&A department called me to evaluate a financial model for acquiring a rising startup...
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