[rohitshine]

Hi Guys,
Bad news for me..I will not be able to take the CAT and pursue a two year full time program...a lot of financial constraints.Pretty disappointed...but life has to go on.Anyways I've heard of the E-MBA program offered by IIMK.Any info on that course?The fees are pretty steep at 1.5 lakhs but I am willing to arrange it if it's worth it.
I've also considered Symbiosis correspondence MBA.
How are these courses when it comes to one's career in te long run?How are the placements(especially of the IIMK program)?Can anyone please help me out on this?
Thanks for listening to me guys

Rohit

[The G0dfather]

The thing to bear in mind is that placements are not generally guaranteed for distance learning programs.They are meant for working executives actually.So they assume that you have a job in hand when you are undergoing their course.After completing the course you have to fend for yourself.So keep these factors in mind before applying.I would recommend you to go for a full time MBA.May be a loan would be worth it?

[zeus]

Dude,

sorry to hear that.

To be frank i cant be of much help on the two topics u wanted info on.....E-MBA program offered by IIMK & Symbiosis correspondence MBA.

BUT...i just hadddddd to say this.....

why drop cat plans...trust me...if u actually manage gettin in there...financing urself with a bank loan isnt much of an issue.......have u thought on that front too....thats how many people finance mba....most of us who've been workin will prob be financing ourselves.....lemme speak for myself...i intend to finance myself for this course.....and how else...a bank loan for sure!

so...think bout it.

Besties to u man. Take care

MOi

[rohitshine]

hi,
Thanks for thr reply...well actually the fee is a small part.I support my family and thats why a source of income,i cannot do without:(

[hedonist]

Lots of Junta with same issue. Let me put my opinions (ofcourse backed by logical reasoning ... as always :P )

1. Full time.
1.1 A full time MBA is better than part time MBA - ANYDAY.
1.2 Also Part time MBA or correspondance has no provision for PLACEMENT - Take any college.
1.3 You get full study loan for full time course for any top 15 B-School in India.

2. Rohit if you don't have lotta work experience (and first u want to fulfil the duty towards family) then wait for few more years. I suggest you can go for full time MBA with work ex of 3-4 yrs. Pretty decent.

3. Else go for ISB for 1 year MBA with work ex of 3-7 years (few more years window). Loan 100% guarnteed.

4. If not then go for Part time MBA from IIMB (if ur at bangalore), or XLRI or any top B-School you prefer. But remember no placements. I personally feel IIMK better than Symbiosis for part time. Part time learning is not much, but at least you'll have a brand name to back on.

5. If ur so very desperate for MBA, then finally - no option but for correspondence course from IGNOU or anything comes in ur mind. Not at all suggested by me.

Take ur choice
Cheers

[djairath2001]

It is evident that part time mba or a correspondance mba is not at all comparable to the full time mba.Consider a scenerio where somebody is already somewhat ok placed in the s/w industry but want to grow fast .Do u guys really think that part time mba from FMS or MDI can help in the long run.Somebody who has already tread this path can be a great help !!!!

[amit_in1976]

Hey, went thru the posts and I would like to give my point of view.Im pursuing the IIM-B part time program and as far as my understanding goes,

Contentwise: Part time and full time are comparable. Some of the subjects taught in full time might not be useful for part time and hence are taught only for full time and not part time.

Placements: Yes, part time has no placements. Full time has placements. But it is a gamble. Before u enter IIM, u might be thinking about top consulting firms. But whn u graduage, u might be just landing up in a startup. Also, if u have spent considerable amount of time IT(5+) and have no intentions of leaving it, then my suggestion is to go for part time. U dont lose 2 yrs salary+ dont lose 2 yrs of work ex. Now I am not sayin that startup is bad or good, but then it is a gamble.

Want to change field : If you want to change ur current field, then forget part time. Go for full time.

If you are just 1 or 2 yrs of exp, u might want to look seriously at full time unless there are financial constraints.

Also, I would also like to mention that now IIM-s are looking at the part time programs too. IIM-B has one and IIM-L has come up with one. IIM-I also has one and IIM-K operates through Direcway GE. IIM-A came up with a PGPX program similar to ISB/European Univ.

If you want me to rate the MBA programs for exec and corres, I would rate them as

1. Part time MBA
2. Programs beamed through Direcway (mind u these are certifications and not diplomas....if ur really bothered about the name of the degree)
3. Correspondence MBA

The problem is that MBA is not a complete science. It is not like IT where u just have to read a book to learn Java. It requires lot of application of the tools and techniques learnt in classroom.It also requires lot of interaction between students and faculty. And correspondence programs do not provide that. Also when ur in a class, ur motivated to perform. If there is no classroom, then it is up to u!!!

The final choice is URS. But if ur considering placements as the sole criteria, I would suggest that u evaluate realistically and objectively where u wud want to go. Not everyone gets into top firms. And also, after u finish MBA, u might realize tht u wud not want to be in a top firm but wud want to be with a start up - for a number of reasons!!!

Amit

[ambarishonline]

MBA from ICFAI
The MBA opens doors and provides the modern manager with the tools needed to identify new business opportunities and threats. The MBA is a postgraduate and post-experience degree for managers with several years' work experience. It provides skills and knowledge relevant for managers in both public and private sectors. The MBA widens horizons and provides an overview of business. The MBA benefits managers who need to think and work strategically. A focus on decision-making and analysis and the opportunity to share ideas and experiences with others will prepare you for a senior managerial role.
MBAs are often seeking a more general managerial role in their current industry. The MBA provides a portfolio of managerial tools and techniques as well as the 'softer' skills needed to succeed as a manager. Entrepreneurial spirit, dedication, commitment and professionalism are words often attributed to MBA graduates. In investment banking and consultancy, the MBA is often a 'must-have'. In other areas it simply opens new doors and creates new opportunities. MBA doesn't offer an automatic passport to promotion, it will help you maximise your chances of career success.

Why get an MBA degree?

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• To handle bigger responsibilities.

Why ICFAI?
1.ICFAI ranks first among the private universities.
2. ICFAI ranks 9th as per the outlook India survey 2005 among the Indian B-Schools.
3. ICFAI has foreign accreditations and collaborations.
4. The course materials are recognized by RBI (Reserve bank of India).
5. ICFAI is recognized by the University Grants Commission (UGC) recently
6. ICFAI has centres all over India and exams can be given any where in India and even from abroad.
7. E-learning, communications and user convenience
8. ICFAI has experience of more than 12 years in providing MBA programs
9. Good Industry interface
10. Frequent updation of the syllabus based on the industry requirements
11. Placement scheme for executive mode programs with a minimum assured salary of Rs 21000 per month
12. Study materials along with workbooks and CDs which are user friendly and have modules of self evaluation
13. Offers MBA in 9 different streams even in distance learning mode
14. The study material is the same for all distance learning, Part-time and Full time MBA programs and hence the university does not mention the mode of learning in the certificate.
15. The exams are conducted on quarterly basis, in order to reduce the burden of office goers
16. Only two papers a quarter, this is optional. You can also appear for 4 papers
17. The degree awarded after the completion of the program is not a post graduate diploma but an MBA degree from ICFAIUniversity.
18. The degree is provided in three successive periods as you give your exams
19. Diploma in Business Administration after completing 6 papers
20. Advanced diploma in business administration after completing the next 8 papers
21. MBA degree after completing the last 8 papers
22. This scheme adds value to your CV as you give your papers as above and you don’t have to wait for the entire two years of the program
23. Fees can be paid as lump sum or in 18 monthly instalments.


For further details contact:-
Ambarish Kumar Verma
Student service Officer
ICFAI Business School
Bangalore

[amitnsitian]

@ambarish,

advertising is not allowed on the forum

[ambarishonline]

You can get my eamil ID from my profile. I will be hapy to help you out.