During my tenure with the MAS department, I have encountered challenges that have motivated me to seek a management degree. For example, last year, we conducted a process risk review for a cash-starved Indian auto ancillary that had expanded capacity without assessing sources of competitive advantage. It was clear that the company needed to rethink its business and operational strategy. Since the MAS department lacked the necessary skills to execute the project, we hired consultants to assist us in the assignment. Their approach of reviewing both the strategic and operational aspects of the business was an eye-opener for me. The pair of consultants used their knowledge of international business and macroeconomics to evaluate key industry trends and identify new markets for the company. In addition, they employed their understanding of supply chain management to benchmark key capabilities with competition and identify opportunities for improvement. As I witnessed the progress made by these two consultants, I realized that in order to achieve my long-term professional goals, I needed to return to school to expand my understanding of the fundamentals of corporate and industry analysis.
I also believe that management education can help me develop other vital skills essential to my standing as a professional. For example, I will benefit from the opportunity to further polish my public speaking ability and hone my skills as a negotiator. Also, I have had limited experience working outside India, and I feel that an international education will equip me with the skills necessary to deal with foreign suppliers and customers.
After graduating from Wharton, I will seek a position in a strategy consulting firm in its business building/growth practice. In addition to providing me with an opportunity to apply what I have learned, a position in the growth practice will expose me to the practical issues of new business creation. Three to five years after earning an MBA, I would expect to establish my own business venture. In the short-term, however, I may explore exciting business ideas and examine ways to build a sustainable business with the help of the Wharton Venture Initiation Program.
The ideal education for me includes the Wharton Entrepreneurship and Strategic Management majors coupled with unique experiences like the Wharton Business Plan Competition and the Wharton Technology Entrepreneurship Internship. Perhaps even more importantly, I look to benefit from the Wharton environment -- an environment of boundless innovation. Wharton will give me the opportunity to apply the theory, models and techniques I learn in the classroom to the real world. I intend to join the 'entrepreneurs club' and consulting club, which will not only help me form lifelong friendships with fellow students, but also give me exposure to top consulting firms and successful entrepreneurs. I would be proud to be a part of the Women in Business club and contribute to the 125 years of women at Penn.
After five years of business experience, I believe that I am ready to take the next step toward my dream of being an entrepreneur. I also am confident that I am ready to participate actively as a member of the incoming Wharton class. At this point I am looking to gain the requisite skills and relationships to grow as a professional; I know that Wharton is the right place for me to accomplish this objective.
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