Family Business Goals vs Deloitte [MBA Admissions Mock Interview]

In this episode of Fridays With Sandy, HBSGuru.com founder Sandy Kreisberg breaks down this potential MBA candidate's odds of getting into his desired MBA programs: HBS, Wharton, MIT, Columbia, and Haas. Will experience in the family business be important to his odds of getting in? Poets&Quants Editor-in-Chief John A. Byrne weighs in. Want insight on how to get into b-school? Comment below if you’d like Sandy and John to weigh in with their valuable feedback.
How does this advice apply to you? Join the conversation below.
Be sure to like and subscribe for more great tips on getting into your preferred MBA program.
If you would like a chance to be featured on Fridays With Sandy & receive Important tips, please submit your profile for consideration at www.jotform.com/PandQEvents/h...

[@MM14JR]

Teddy is currently an MBA candidate at Wharton

[@ymarmash]

What is Sandy talking about? 300m in turnover in Taiwan is huge. It is huge even in the USA...

[@ca510]

300 millions is huge! Sandy does not know what he is talking about. The owner of a business like that will be making as much as the CEO of Goldman Sachs!

[@marcobeltran7218]

Agree damn. I don’t know many (read any) family business making 300 million a year

[@ca510]

@@marcobeltran7218 Honestly if you have a 30m business that is already a lot! I would have never let Sandy disrespect my family business like that

[@shashanksingh1102]

The frame of reference might be different - considering that most large business magnates also send their sons/daughters to HSW. So the competition could be many billionaire heirs/heiresses. Of course, Teddy comes across as very different from those guys given his UCLA Summa Cum Laude, academics and Big 4 experience instead of working with his parents.

[@ca510]

@@shashanksingh1102 Believe me, my sister is at a top 5 MBA and she has only one billionaire child in the class. Billionaires are much rarer than you think, even in very elite schools. If your parents have $40M+ you are already considered rich

[@ashishc7900]

@@ca510 I agree man the valuation of that firm would be in a billion with 300 million in revenue !! and usually such large enterprise owners children directly enter the board room but in this case he actually has a great career in the big 4

[@yushuoliu6449]

thats impressive for sure

[@eagillum]

*Schmear

[@alech3814]

$300MM revenue 400 employee family business is mid-tier?! :o Sandy: ya, most "family business" applicants are either Koch, Soros or Trump...

[@ashishc7900]

the trump org itself has revenues in the 700s% million