NRI Admission to IIM

[avenkate]

Hi nitin,

Your decision depends on your goals and motivation to do an mba...if you want to settle down in India and get a job there,an MBA in any of the tier 1 institutes which includes XLRI will give u that opportunity...the only difference between the placements of XL and IIM ABCL are the i-banks..for consulting/mktg XL is as good as the IIMs.If your primary motivation is not to go back to India and work while doing an MBA,the part time UCLA option is good.

And as Cancerian rightly pointed out (IIM A is the best ranked inst in India..but we know its world ranking...), opting for an MBA depends on your perspective at lookng at things and deciding what is best for you..so my opinion would be that rather than focusing on the relative ranking etc,take a decision based on where you would like to be working 2 yrs down the line....

Originally Posted by snowleopard1010

Congratulations to all who got iim offers. I got dinged in all except XLRI and am not interested in iim-l, i or k. For me, it now a choice between a fulltime program at XLRI and part time programs as USC-Marshal or UCLA-Anderson. Both USC and UCLA have great part-time programs and are ranked 3 and 1 respectively according to Business Week.

I am thinking of refusing XL. I'd appreciate your inputs.

Nitin

[NileshBhatia]

Thanks a lot, Cancer & Congrats on you admit.

I think all of you guys are just great. I am humbled by all the words of encouragement and all I can say in return is a heartfelt thanks.

Cancer-Just for laughs: I did apply to Harvard, Stanford and Wharton this year but got dinged. But as you said it was probably not becuase of the GMAT score but rather for the not so great essays, extra curri, profile, etc

Anyways, as Rascal put it, I am keeping the faith...maybe its going to be WIMWI for me next year. All I know is that I will be having amazing mentors if I do make it. And I think that in itself is a good enough reason to work harder and improve my odds

Best Regards,
NB

[sandipan.mondal]

Originally Posted by NileshBhatia

Anyways, as Rascal put it, I am keeping the faith...maybe its going to be WIMWI for me next year. All I know is that I will be having amazing mentors if I do make it. And I think that in itself is a good enough reason to work harder and improve my odds

I'm sure you'll do fine next year! If IIM A is your goal or H/W/S. And we'll always be available to share information or just vent . Take care and best of luck!

[sonik_president]

Hi folks!

Tonz of congratulations to all those who bagged the prized offers from IIMs! You all deserved it and hope you make the best of it. As of me, I ran out of luck with all IIMs which was disappointing, but a lesson to learn.

On the brighter side though, I haven't lost much. Getting invites for GD PI from three IIMs was encouraging enough. And being 22 and just graduating with Bachelors few months back, gives me ample time to prepare yet again and give a better shot. My GMAT score was 710 which has a pretty good scope of improvement as well. By next year I will also have gathered more than a year's worth of US work ex to add to my profile. So I am keeping my fingers crossed and mind focused for 2009-10 batch.

I thank you all for posting all the useful information here! I might contact some of you individually to gather tips for preparations and I hope you won't mind. Congratulations once again and have a great time at homeland!

Regards,
Sonik

[modusoperandi]

Originally Posted by rascal84

Wow!!! This Thread is burning with the converts or what ??
ek post main double dhamaka.. fantastic..
Pavitra and I were in the same panel for IIM C ...
@ModusOperadi- I think we met too... anyways..
congrats once again..

Humble request to you- please update the xl sheet.. I am sure there are more converts coming up... ppl - please remember how tough it would have been had it not been fo PG ...so lets make it better for others coming in...

Cheers
rascal

Congratulations rascal !!

Yes we did meet during C interview
I've updated the sheet, I had a hard time last year when I was searching all around PG for info on NRI - IIM admission process.
Hope this thread benefits folks applying next year.


Kudos !

[snowleopard1010]

Thanks for your inputs Avenkate. I really do want to come back to India, but I am exploring ways to get an MBA here in US and then move to India. Although it will be difficult initially to find a job in India, I will have a well recognized degree and a continuous work experience. However, after graduating from XL, I'll very easily get a good consultancy job, which I am aiming for.

We all know XLRI, and even many IIMs are not that well known outside India. I think the programs at USC or UCLA are exceptional. I'll get a great amount of global exposure. I don't see that happening at XLRI.

Correct me if i am missing something. But to me it comes down to:
quality of education v/s ease of finding job in India.

Nitin

Originally Posted by avenkate

Hi nitin,

Your decision depends on your goals and motivation to do an mba...if you want to settle down in India and get a job there,an MBA in any of the tier 1 institutes which includes XLRI will give u that opportunity...the only difference between the placements of XL and IIM ABCL are the i-banks..for consulting/mktg XL is as good as the IIMs.If your primary motivation is not to go back to India and work while doing an MBA,the part time UCLA option is good.

And as Cancerian rightly pointed out (IIM A is the best ranked inst in India..but we know its world ranking...), opting for an MBA depends on your perspective at lookng at things and deciding what is best for you..so my opinion would be that rather than focusing on the relative ranking etc,take a decision based on where you would like to be working 2 yrs down the line....

[rascal84]

@Snowlepord

The choice u have to make also depends on how hard do u want to push yrself.. ?

A part-time course by its inherent nature is not going to match up to the rigour that u will have to undergo at XL... The learning , the torture, the pressure...will UCLA give u that ? it is good to have diversity in class.. lekin us cultural diversity ka kya ? .. how does diversity help in learning finanicial managment ?? and remember XL too has a fair share of docters, lawyers, Army captains and CAs... yeah it wont have musicians or ballerina dancers...but u will learn and learn well..

I dont know the scene of placements in the US.. but what i have heard is not that great.. us companies hesitant to take on indian talent.. A hazaar visa troubles..

people say IIMs and XLRI are big names in india .. i thinks thats wrong.. i think IIMs and XLRI are big names AMONG indians all across the world.. -wherever they are... u go to any indian manager working in any part of the world and tell him u are a XLRI guy.. u will get respect from that guy ..probably much more than saying USC ...The point is that these schools offer instant and global Branding... comparable to H/S/W...


lastly .. with economies not doing great - go where there is demand.. the demand for talent is in india and it is now.!!!


as far global ranking of IIMs is concerned.. this is what is going to happen- MDI has already gotten a AMBA accredition.. IIM A is getting one soon.. the AMBA,EQUIS and AACRA.,, (not sure of the last one)
These accreditions are a big thing for foreign rankings .. and since the IIMs come under the respected MHRD which wants a tender on replacing water coolers also!!.. these things take time...

so dont go by rankings.. cos thats not the true picture..

These are my probably incorrect and biased opinions.. but i thot u needed a undimplomatic answer..albeit biased..


@sonic.. keep the faith ..and dun worry .. i am sure all of us will be more than glad to help out in any way we can... and yeah .. u got age on your side.. and a great chance to spice up your extra-cirrics..
best of luck..

cheers
Rascal

[snowleopard1010]

Rascal,

Thanks for your response. You really pointed out some valid topics, but I partly disagree with you. The part-time program will take me three year and is very close to full-time one at ucla in terms of coursework. Instead of all these courses studied in two years in a full-time program, I would be studying same courses in three years. I would get a same degree as full-time students get.

I agree with you that XL is an elite management institute. Perhaps not as much as IIM-ABC, but XL is greatly respect by people of Indian origin. This is exactly my point. People from other countries do not know about XL.

XL might have have maybe 1 docter, lawyer and an army officer in a class of 100, but a huge majority would be recent engineering graduates, who got admission because of their exceptional abilities of scoring well in entrance exams. I am skeptical that I would learn much from these fellows.

Thanks for brainstorming with me.

Nitin

Originally Posted by rascal84

@Snowlepord

The choice u have to make also depends on how hard do u want to push yrself.. ?

A part-time course by its inherent nature is not going to match up to the rigour that u will have to undergo at XL... The learning , the torture, the pressure...will UCLA give u that ? it is good to have diversity in class.. lekin us cultural diversity ka kya ? .. how does diversity help in learning finanicial managment ?? and remember XL too has a fair share of docters, lawyers, Army captains and CAs... yeah it wont have musicians or ballerina dancers...but u will learn and learn well..

I dont know the scene of placements in the US.. but what i have heard is not that great.. us companies hesitant to take on indian talent.. A hazaar visa troubles..

people say IIMs and XLRI are big names in india .. i thinks thats wrong.. i think IIMs and XLRI are big names AMONG indians all across the world.. -wherever they are... u go to any indian manager working in any part of the world and tell him u are a XLRI guy.. u will get respect from that guy ..probably much more than saying USC ...The point is that these schools offer instant and global Branding... comparable to H/S/W...


lastly .. with economies not doing great - go where there is demand.. the demand for talent is in india and it is now.!!!


as far global ranking of IIMs is concerned.. this is what is going to happen- MDI has already gotten a AMBA accredition.. IIM A is getting one soon.. the AMBA,EQUIS and AACRA.,, (not sure of the last one)
These accreditions are a big thing for foreign rankings .. and since the IIMs come under the respected MHRD which wants a tender on replacing water coolers also!!.. these things take time...

so dont go by rankings.. cos thats not the true picture..

These are my probably incorrect and biased opinions.. but i thot u needed a undimplomatic answer..albeit biased..


@sonic.. keep the faith ..and dun worry .. i am sure all of us will be more than glad to help out in any way we can... and yeah .. u got age on your side.. and a great chance to spice up your extra-cirrics..
best of luck..

cheers
Rascal

[blackstubble]

Just an updated version of the profiles/calls file..

Cheers!

[taktaki]

Very knowledgable thread. Congrats to all who are hearing great results and ATB to those who are still steering their boats (like me).

A little about me.
Acads - good, 750, 3yr ex Fin. Planning to apply to A, B, C and ISB this fall.

Got 2 questions:
1) I have been in US since Oct '05. Am planning a 3 month visit to India this year Jul-Sept, and then back to US for job. Would this by any chance risk my status as NRI for applying to IIMs using GMAT? Whom can I confirm this with? Would appreciate contact emails/#s. Thanks.

2) Did you guys apply to ISB as well? Where do you draw the line between IIMs and ISB?

Thanks a ton for your responses!