Every pupil aspires to get into either a top-notch college or land a fantastic job. But now not everybody is nicely related or knows exactly how to obtain this purpose. In such cases, you need a person who hears you out and helps to decide what’s pleasant for you.
Having noticed this opportunity, Chicago-based totally Nakul Gupta started MyMBACircle.Com. “Our imaginative and prescient is to create the largest and most reachable profession and education mentorship platform – one that provides applicants searching out jobs and higher research low-cost mentorship aid on demand,” says Nakul.
The platform connects curated mentors from the pinnacle in their area with applicants who wish to are seeking steering about better training and their career but lack the network or finances to get the support they need to get started out. Mentors additionally include modern students and alumni of pinnacle MBA programs from internationally.
Founded in 2018, this Chicago-based totally startup gives valuable free content material and less costly and immediate one-on-one training. MyMBACircle.Com offers steerage for foremost universities and businesses across the world, which includes India.
In India, MyMBACircle.Com assist humans to get into establishments like Indian School of Business (ISB), consulting jobs at MBB (McKinsey & Company, Boston Consulting Group, and Bain & Company), and tech jobs. The team claims to have counseled round 300 Indian clients until now.
Nakul started the agency alongside together with his buddies from business college – Juan Pablo Easton, and Katie Orovecz – who had previously worked in consulting firms like Boston Consulting Group and Deloitte, and handled product control at firms Google, VMock, and Shipbob. Prior to beginning MyMBACircle.Com, they have got coached a total of 250 applicants from unique international locations, with 15 success admission into pinnacle groups and B-schools.
At present, MyMBACircle.Com has extended to a team of 10 members.
How does it paintings?
MyMBACircle.Com has two organizations of customers: mentors and mentees.
The platform operates on a freemium version. Customers get one 15-minute call with a mentor, a fixed of resources on signing up with their simple data, resumé and electronic mail ID.
Mentors can assist their mentees at any step within the lifecycle of an activity application or university application, which includes the desire of goal organizations and colleges. Mentors can also assist candidates with heritage on key concerns while deciding on a program or explain why the contemporary program is appropriate.
They apprehend a candidate’s heritage to identify key topics so that it will prove compelling to an interviewer or an admissions committee.
After reviewing resumés, mentors perceive key reports to spotlight after which provide tactical feedback at the layout, phrase choice, and so on.
Mentors then run through mock interviews with mentees, asking the type of questions that interviewers would for a selected role after which give feedback on how the candidate answered and what they said.
This mentorship assists the mentees put together for his or her interviews or checks to apply for higher research or jobs in addition to get advice and steerage based on their interests and cognizance regions.
“We strategically started in the higher schooling marketplace because it allows us to construct our base of incredible mentors for MBA and gain credibility inside the marketplace. We will then selectively amplify to high-capacity profession mentorship markets (consulting, banking, product management, and so on.) the usage of the same base of mentors,” says Nakul.
Personalized steering expenses $fifty nine for half hour of training, of which a majority percent is going to the mentor.
MyMBACircle.Com competes with similar offerings from GMAT Club, ApplicantLab, Case Interview, and PrepLounge.
“We offer something exclusive than our competitors due to the fact we’re focussed on attractive to global candidates through a diverse organization of mentors and have already experimented with the viability of entering into profession-direction mentoring,” provides Nakul.
He is likewise clear about the value they provide when he says,
“We define price as a combination of price, degree, and nice of facts supplied. We outline comfort as the ability to immediately book time to assistance on an application, the ease of the booking system, and the amount of effort had to e-book, complete, and rebook appointments.”
The numbers game
MyMBACircle.Com is part of the New Venture Challenge (NVC) at Chicago Booth, one of the top-ranked accelerator programs inside the US.
The Indian edtech market is pegged to touch $1.96 billion by way of 2021, says a document by KPMG and Google.
“We are looking for a funding of $750,000-$1 million to hit our preliminary milestones,” stocks Nakul.
Since it becomes released, claims to have helped masses of applicants and doubled its sales in the closing month (though it declined to percentage real numbers).
“We have visible 25 admissions in pinnacle agencies and B-faculties (HBS, Wharton, Booth, INSEAD, LBS, and so forth). We have elevated our base through 3x inside the last 4 months to 60 mentors, who are cutting-edge students and alumni of top MBA programs. We additionally have started to see network results from mentor and mentee referrals.”