How to Get the Adcom Excited About Your MBA Career Goals Essay Plus an Example

In last week’s article, we provided some tips to ensure the short-term goals you share in your MBA career goals essay will resonate with the admissions committee. We shared that your post-MBA goals should be specific, realistic, and logical. This is all true, but it’s only one piece of the puzzle. A strong short-term goal shows you understand who hires from the program. However, it rarely generates excitement on its own. The long-term component of your essay must provide that inspiration. This is where the long-term component of your MBA career goals essay comes in. 

Long-term goals represent the pinnacle of your career. You should not hold back or think small in this section. Top programs expect ambition; they want to educate leaders who leave a permanent mark on the world. Top MBA programs aren’t looking for people who are afraid or unable to dream big. Exactly the opposite – they want to educate the next generation of leaders who will leave an indelible mark on the world. Intimidated? We get it! However, with some deep reflection, research and soul searching, we know your dream job is out there (or maybe it isn’t yet and your plan is to create it – that’s fine too!).

So that’s the big picture. Here are some guiding principles to use as you think about your long-term MBA career goals. At the end of this article, we’re also sharing a strong MBA career goals essay example from a past client that really puts our advice into practice.

 

 

 

 

1) Your Future Should Connect to Your Past

A great place to start when brainstorming your long-term career goals is with your past. Think about situations – whether early in life, in college, or throughout your career – where you’ve felt truly fulfilled or energized. What was it about these situations that made you feel this way? Is there a common thread between them?

Consider your past experiences. Perhaps you founded a campus organization and found fulfillment in the total ownership of that project. Fast forward to your current job, perhaps the most exciting project you’ve been involved with was helping your company enter a new market or launch a new product. The connection I see between these two things is an entrepreneurial spirit, which is something that could absolutely factor into your ultimate career goal.

Your long-term goals must link to your professional history. Admissions committees seek more than just passion; they look for tactical exposure. You cannot easily justify a new career path without demonstrated prior experience. For instance, if your pre-MBA career is in investment banking, it would be hard to justify a long-term goal as the founder of a nonprofit (unless another part of your background is heavily social impact focused).

Said simply, there has to be a solid ‘why’ driving your long-term goal that the adcom will understand within the confines of your application and specifically within your MBA career goals essay.

2) You Don’t Have to Reinvent the Wheel

Candidates often worry about the perceived ‘typical’ career trajectory, such as remaining in private equity post-MBA. Rest assured, admissions committees are receptive to these paths. However, you must differentiate your goals by focusing on a specific niche or investment philosophy. Ground your ambitions in your professional history to ensure your narrative is uniquely yours.

Rest assured that targeting a finance career (or consulting, etc.) is ok! Remember that large portions of the graduates from top MBA programs go these ‘typical’ routes (see statistics at the far right of this table) and a notable amount of them remain there for the long haul. Clearly the adcom is amenable to these goals.

I do, however, encourage my clients to make these types of goals ‘their own’.  Each of these careers has numerous areas of specialization, whether that be an industry focus, investing philosophy, etc. Root your goals in your past work or personal experience. This approach makes your application unique. Identify a specific niche you are passionate about to capture the adcom’s interest.

If not an industry specialty, perhaps you are passionate about a certain leadership philosophy (like Ray Dalio, a Harvard Business School graduate, and his ‘idea meritocracy’) or a cause that could be tied in with your future career ambitions. The key, if you are targeting one of the more common post-MBA careers (and even if you aren’t, quite frankly), is to put your personal spin on the goal and tie it in with the values and passions that make you who you are.       

3) Rome Wasn’t Built in a Day – Your Career Goals Shouldn’t Be Either

Defining authentic, well-developed long-term goals is a rigorous process, which is precisely why admissions committees value this work. Many applicants rush to finalize their ‘end-game’ career before conducting sufficient self-reflection. Avoid the trap of proposing generic, uninspiring objectives. Research your target career paths, study industry leaders, and network with alumni to build a compelling, data-backed narrative.

Take the time to research where MBAs that have gone into your field of interest have ended up 10 to 20 years after graduation. Read about business leaders you admire and the path they followed to get where they are. Last and most important, network with alums of your target programs that have gone into your field of interest.  These things will get your wheels turning and help you develop a compelling narrative for your application, while inspiring you to set and achieve lofty goals.  

An MBA Career Goals Essay Example

To help put theory into practice, below is a career goals essay example from one of our past clients that does a particularly good job of incorporating the advice we’ve shared in this and last week’s article.

Prompt (Columbia Business School): Through your resume and recommendations, we have a clear sense of your professional path to date. What are your career goals over the next 3-5 years and what, in your imagination, would be your long-term dream job? (500 words)

As a first-generation immigrant to the U.S., I was raised to prioritize investing in the future. My parents sacrificed their lives in their home country to secure better opportunities for my sister and me. This commitment manifested early; in 6th grade, I used my allowance to buy notebooks for tracking unfamiliar English words. This habit taught me that long-term success requires persistent, daily effort. This habit earned me a few jeers on the playground, but I knew the long-term pay-off – mastering the English language – would be worth it.

This long-term lens continues to shape my career. At <Company>, I have stepped up to become the biomass industry lead analyst because I believe in the potential of the industry to be one of the long-term environmental solutions for carbon emission. I was particularly excited to lead a meeting in 2019 with a multi-billion dollar <Client> to share my biomass industry analysis, helping drive their investment in sustainable energy infrastructure. However, given the scope of credit rating analysis, I often find myself disappointed that I have no stake in the investment decision outcome. I want to be in a position to directly invest in companies that have a positive long-term impact. As such, I want to become an investment manager focusing in ESG (Environmental, Social and Governance) investing, which targets responsible investing opportunities.

In the next 3 – 5 years after CBS, I plan to work as a research associate for an asset manager or investment fund that has an ESG focus, such as Neuberger Berman or PIMCO. I hope to convert my summer internship into a full-time position at one of these funds, as did <Name> (’20). My goal as a research associate is to leverage my investing skills and application of ESG concepts garnered from my Columbia MBA, the Value Investing program and the Three Cairns Climate Fellowship in particular, to lead teams in crafting investment portfolios that meet the long-term investment objectives of ESG investors. From managing the entire investment process, I’ll understand every aspect that is factored into an investment decision, strengthening my analytical acumen and ultimately growing my network and reputation in the ESG investing community that will help me achieve my dream goal.

My dream job is to found and lead a global, ESG-focused investment fund. Unlike most funds that rely on third-party analytics, my firm will manage the entire investment process in-house. This includes everything from top-down selection to final execution. This approach offers much-needed transparency, allowing investors to monitor their impact more effectively. – as most funds either offer ESG as one of many investment options or largely depend on third party analytics as an input to their ESG investment decisions. This tailored in-house investment approach would offer much-needed transparency, enabling investors and stakeholders to monitor the impact that their investments are making. From my personal experience, I fully understand what it means to “invest in the next generation”, and I firmly believe that ESG is a powerful way for investors to focus beyond monetary return.

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