edit....................

There is a thread for Tier-II schools in UK. You might want to post this over there. From what I read on that thread, this university has not been discussed there, even when we were trying to subjectively rank Tier-I and II schools. Also 5 lakh seems to be too less for a 15-18 month course. Any other school would cost u at least 25 lakh (Lancaster is the cheapest n costs 21 lakh if I remember correctly). So I would advice against this school which you have mentioned. The job scenario in UK is not good n even internships would be a problem. Some people have even said that you should think twice before going to UK for MBA if you are going to a school other than LBS and Oxbridge. Not sure how true this is, but surely gives you a slight indication of the situation out there. But again post your query on the thread which I mentioned above. Hopefully you will get a more objective answer than mine.

You cant share your e mail id kindly edit your post
______________________________________________________________________________________________________________________________________

My koshin
How is TASMAC University....
I got mail from them then i called them fees is around 5 Laks 15-18 months
We will get degree from University of Whales UK London
any one please throw some light on this college.
Will this degree be eligible to work in India in Government Sector as well?
What kind of placements is provided by University
I asked same koshins to the counselor....she replied in a +ive way as she is paid to do this so i want genuine facts
waiting for a reply asap

Hi guys. I have been a quite lurker at the site. But this has been a very helpful site to me. I'll briefly introduce myself: I'm nikhil. I'm a doctor and I did my mbbs from aiims. Later I decided to go for an MBA . GMAT - 760. I was selected for isb last year but unfortunately due to some reazons could not accept the offer. since I have gotten so much help from people here. I wish to return back to the community now as I have time and all applications are over. I shall offer any help, anybody wants from GMAT preparation to essay editing/critique. Please don't hesitate to contact me. My emial I'd is nikhilisb@gmail.com.

Cheers!

You cant share your e mail id kindly edit your post
______________________________________________________________________________________________________________________________________

My koshin
How is TASMAC University....
I got mail from them then i called them fees is around 5 Laks 15-18 months
We will get degree from University of Whales UK London
any one please throw some light on this college.
Will this degree be eligible to work in India in Government Sector as well?
What kind of placements is provided by University
I asked same koshins to the counselor....she replied in a +ive way as she is paid to do this so i want genuine facts
waiting for a reply asap

I would suggest a few changes. You can say that 33% you are self-funding and the rest via loans. Don't go into repayment etc. discussion unless you are forced to. If you get unlucky and are asked about repayment say that you can comfortably return you loans while working in India (also mention that your goal to get US education and return to build a career in India).

All my buddies and others I have helped in admissions consulting have been successful in obtaining student visas. The key is to have authentic documentation available that covers full expenses.

Hope this helps!

-Bhavya (MBA '09 Booth)

okay so from your experience how does this sound:
- Assuming that the total expenditure is $150k, i take a student loan from college for $120k
- I show supporting papers for the remaining 30k (which might be thru scholarship n own savings)
- for the 120k, i would say I expect to earn close to $X in India using which I can pay back my loan easily in less than 20 years

Does it sound okay, or is there a flaw?

Thanks a lot.

okay so from your experience how does this sound:
- Assuming that the total expenditure is $150k, i take a student loan from college for $120k
- I show supporting papers for the remaining 30k (which might be thru scholarship n own savings)
- for the 120k, i would say I expect to earn close to $X in India using which I can pay back my loan easily in less than 20 years

Does it sound okay, or is there a flaw?

Thanks a lot.

No, they are independent. During Visa, it is probably safe to show the financial resources independent of loans to avoid such questions as your friend was asked during visa interview. And, there are some ways to do it where you don't have to actually take any loans. As a part of our offering, we prepare our clients for visa planning as well, including preparation towards documents for visa interviews.
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

You are actually right to an extent and what happened to your friend could indeed be true.
There are two parts to financing MBA - the actual financing, and the Visa. What I told earlier was for actual financing of MBA.
For Visa, Yes. It is not recommended to tell that you are going to settle and work in the country. Hence, you just need to have some papers supporting the expenses amount. This could be less for actually using this fund for your MBA, and more for the Visa purpose. There are ways to get it done as well, without much difficulty and actually without taking any loan at all! I also work with my clients to ensure that they are best prepared for the Visa interview as well.
If you have admissions from a top school, getting Visa will be a cakewalk. I distinctly remember that my visa interview lasted around 45 seconds, with just one question asked! However, I was anyways prepared to take care of the second part - showing documentation for Visa purpose.
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

okay so from your experience how does this sound:
- Assuming that the total expenditure is $150k, i take a student loan from college for $120k
- I show supporting papers for the remaining 30k (which might be thru scholarship n own savings)
- for the 120k, i would say I expect to earn close to $X in India using which I can pay back my loan easily in less than 20 years

Does it sound okay, or is there a flaw?

Thanks a lot.

Thank you bizschoolprep and gurumba for your thoughts.

I agree that it's wholly up to me for my reasons and specialization of mba. What I was hinting towards was a research based mba, is there sort of a thesis option for the specialization one chooses (the question might not be appropriate in this section though). The info i'm getting from school's websites are courses and teaching methodology, other than saying that we do lot of research.

As for doing mba from places "near to India", you are absolutely right bizschoolprep that best place would be India, but there doesn't seem to be much choice in India for that (IIM's seem to be extremely selective of NRI applicants. ISB is the only other choice, about which I've not been hearing great things)

Let me rephrase my question now:

If I want to gain more international exposure while doing my MBA , which mainly means getting more knowledge of emerging or should I say emerged markets, are US schools (while charging 100K for it and US economy growing by 1% for next decade) are more capable of it or Asian schools (ISB, NUS, HKUST, HKU, CIEBS, Insead Singapore) surrounded by economies growing at unbridled pace and charging half of what US schools want.

Hey there,
!st from your post I get the vibes that your inner self wants to move to Asia :)
Second, difference is that if you study in US, you will have projects and team case studies with main focus on US companies and their details. But then the class will be more diverse with ppl from all over the gloabe, so you will have more perspective and exp to work with. Whereas if you study in Asia, the major part of focus would be on industry and performance on that part of the world i.e, the emerging economies but then the class would not be that diversified as in US schools. So its relaly ur call.
Third, US schools are expensive but worthy people get their deserved scholarship. As in my case, i had multiple offers with even full scholarships. So, I studied here in US and walked out with positive bank balance ( taking into account interns), so i grautaed with contrastingly earning good bucks !

So, there is no fit answer. We can give u our perspective. Its upto u to weigh in the options.
Wish u the best
LEt me know incase of any assistance.

Thanks
GURU MBA TEAM

i tried a lot of research farankly unable to find any good data to begin with. so still confused. one thing i am quite sure wat i want to do with my life is i want to go into capital markets most probably equity research. so i wanted to know if i did MS Finance will it help me change my job. also how godd is ms finance compared to mba finance ( or for that matter how bad ) also what are the basic requirement for the MS. any is any one can tell me where to find information about it will be great or if u can tell me what good univ's i can follow that up.

Thanks in advance

he ythere,
MS Finance will give u a limited scope whereas an MBA can give u much broader platform and hence opportunity. First get your aim straight. Then take the GMAT, know the continent u wana work and study, and research the univ. Also, see how Indians there have been performing in last 2 years.

Let me know in case of any help

Best
GURU MBA TEAM

Hi,

I want to ask that how much would it affect someone's chances of getting into ISB to have 2 years gap in education. I have had decent grades (10th 87%, 12th 75%, engg. 80% and topper of my batch) throughout my academic career but have 2 years gap after 12th standard.

Would it affect my chances?

Thanks for taking time to reply.

hey there,
ISB is definitely very competitive. So limited work exp can hinder ur chance, but try and present other good part of ur profile in better way...I dont think 2 yr gap will have any effect..though do perpare a good reasoning in case they ask for the same.

Thanks
GURU MBA TEAM

Hi all.

I shall be taking the GMAT during the first week of June this year. I want to know if spending so much on a US MBA is worth it or not. For me, personally, a US MBA will involve a considerable financial burden since I'll have to opt for a loan for the most part of it.

I intend to pursue the US MBA only if admitted to one of the top B-Schools. I look forward to working in the US after graduating from the B-School in order to pa back the debt and also to acquire some international work-ex. I have little idea as to how the job scene currently is for international MBA students in the US and would like to have some insight on that as well.

Could anyone please do the cost-benefit analysis for me? I'm really so confused right now.

Thanks in advance.

Hi sahniprashant

What you are thinking now, I used to do the same during my days. Infact I can guarnatee all Indians who have made it good in US have gone through this brain stormin process which you are currently going through.
If you just look at the US schools cost + living expenses, then its among the highest in the world for sure. Its not only expensive for intls. but also for the native americans here.
The main catch here is that US schools are the only "halo" in the world where true talent doesnt go wasted coz of financial constraints. Top schools provide no cosigner loans. Other schools offer huge scholarships ranging to 60% to full ride.
The ONLY thing that you need to do on your part is to have a good profile, differnetiate yourself from the crowd, make your self worthy and have a right plan for tha application process. If you can do so, you can save huge cost for yourself and your family. DO know, that thousands of Indians (from India, Indians in Europe and in US) apply..univ select approx 10 Indians per batch,..so getting in them and making it with huge funding really requires systematic approach and not a random one of applying to 10 univ and expexcting call from one of them.

ALl the best. let us know if we can be of any help in being a part of your success.

Thanks
GURU MBA TEAM

Hi All,

I have done my engineering(2010-passed out) with computer science as my major.Joined SAP Labs in Aug 2010.I would want to pursue my MBA abroad.Could you please give your suggestions as to how I need to go about it.

Thank You

Hey jade88,
Since you have started working lately, i would advise you to 1st take ur GMAT exam, work out when exactly you want to go for an MBA and then select the univ based on ur scor, wrk exp and stream u want to study in.
Remember, its never too late or to early to think and plan.

Thanks
GURU MBA TEAM

Thanks a lot for your help but my most discomforting question remains unanswered.

How do I pay the loan back? How's the job scene over there in the US for international MBA students from the top B-Schools? In short, what are the chances of international MBA students from top B-Schools landing with a well paying job in the US along with the H-1B?

The last thing I'd want would be to return home empty handed with a $100k loan on my back and no job on my hand. That's what scares the hell out of me.

Dude,

Look at the stats of any top school and you will know that all good B schools have great placement records. Companies that recruit internationals know about the H1B requirement very well and sponsor it for the ones they make offer to.

However, if you are looking for a guaranteed job, there is none. If you suck big time and make faces during the interview, you won't get that job. Plain and simple. But tell me, if you are smart enough to get admission to a top school, won't you be good enough to grab a job out of so many opportunities that come to campus!? I don't want to go into details, but my general observation across ALL the top B schools is that desi crowd is usually the leader amongst all the international students community in terms of getting job!

- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

My 2 cents:

Job scene right now is pretty good at top business schools for international students. Even in my batch (2009 - proably the worst year to graduate ) most of my peers got decent opportunities in US/Europe/Asia.

-Bhavya (MBA '09 Booth)

Thanks a lot for your help but my most discomforting question remains unanswered.

How do I pay the loan back? How's the job scene over there in the US for international MBA students from the top B-Schools?

The last thing I'd want would be to return home empty handed with a $100k loan on my back and no job on my hand. That's what scares the hell out of me.

I'm combining two queries because they both relate to MBA financing, and this should give everyone some idea how to think about that $130K expense -
I understand that finances for a MBA degree from the US or Euro region look very scary initially. MBA expenses are definitely very significant, especially once you convert it into Indian rupee. However, dig a little and you will see that it's actually quite manageable!
Most of the top B schools offer a guaranteed student loans to everyone who is admitted. Some schools offer it to only towards the tuition, which comes to around $100k for two years, and others may offer it towards tuition as well as living, the total cost, all WITHOUT A COSIGNER. If you have a guarantor/cosigner in the US, the schools who give loans only towards tuition, will go on to cover living expenses as well. Moreover, having a cosigner with good credit score might shave few points from your loan interest rates. These top schools either have very strong relationships with banks or tap their own endowment to arrange for the loans. And why not? How many of those who go to top schools with an average base salary of ~$100K at graduation are going to default on their loans?
Now, after knowing this, tell me why would you even try to take loan in India @ ~10% when the prime rate in the US is at all time low @~3.5% (and add some spread)? Even if I don't need student loan, I'd rather take student loan in US and put that in a FD in India! (ok, I'm not going into hedging currency risk, but you get the idea). This is similar to a currency trade. Welcome to the MBA world!:cheers:
However, there is a caveat - These kind of student loans arrangements are usually limited to top tier schools. So get yourself to work and get into one of those! Just for reference, I did not use a single penny from my saving for my MBA. Go figure!
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

Thanks a lot for your help but my most discomforting question remains unanswered.

How do I pay the loan back? How's the job scene over there in the US for international MBA students from the top B-Schools? In short, what are the chances of international MBA students from top B-Schools landing with a well paying job in the US along with the H-1B?

The last thing I'd want would be to return home empty handed with a $100k loan on my back and no job on my hand. That's what scares the hell out of me.

tripgaurav Says

I have heard that if you tell the visa officer that you are taking student loan in US (maybe from college itself), they ask how u intend to pay it back. It is obvious that you would need to work in US for this. But if you admit to it, then visa is rejected in most of the cases. Any comments?

You are actually right to an extent and what happened to your friend could indeed be true.

There are two parts to financing MBA - the actual financing, and the Visa. What I told earlier was for actual financing of MBA.

For Visa, Yes. It is not recommended to tell that you are going to settle and work in the country. Hence, you just need to have some papers supporting the expenses amount. This could be less for actually using this fund for your MBA, and more for the Visa purpose. There are ways to get it done as well, without much difficulty and actually without taking any loan at all! I also work with my clients to ensure that they are best prepared for the Visa interview as well.

If you have admissions from a top school, getting Visa will be a cakewalk. I distinctly remember that my visa interview lasted around 45 seconds, with just one question asked! However, I was anyways prepared to take care of the second part - showing documentation for Visa purpose.
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

I took a $140k loan to cover all expenses at Booth. Repayment period 20 years and interest rate around 4%.

-Bhavya

Ok. Thanks for the information. Actually one of my friends had his visa rejected because of similar apprehensions of the visa officer. The VO asked him how much he expects to pay post MBA n based on his answers he grilled him on how he would sustain a life in India if he uses his Indian salary to pay back the loans. Hence my question as I know only one such case till now. Anyways, can you please share how much loan you took (please PM me if you feel sharing the detail here is not the best idea). It would help me decide on how I can go about this process in the next season of apps.

Thanks a lot.

I don't think this is true.

In my case, I told that I am taking a student loan from University of Chicago. (The repayment period is 20 years so I can return the loan even if I plan to come back to India after MBA)

If you are still concerned, you can say that you are taking a partial loan and for the rest you are using your family funds.

-Bhavya (MBA '09 Chicago Booth)

Ok. Thanks for the information. Actually one of my friends had his visa rejected because of similar apprehensions of the visa officer. The VO asked him how much he expects to pay post MBA n based on his answers he grilled him on how he would sustain a life in India if he uses his Indian salary to pay back the loans. Hence my question as I know only one such case till now. Anyways, can you please share how much loan you took (please PM me if you feel sharing the detail here is not the best idea). It would help me decide on how I can go about this process in the next season of apps.

Thanks a lot.

I don't think this is true.

In my case, I told that I am taking a student loan from University of Chicago. (The repayment period is 20 years so I can return the loan even if I plan to come back to India after MBA)

If you are still concerned, you can say that you are taking a partial loan and for the rest you are using your family funds.

-Bhavya (MBA '09 Chicago Booth)

tripgaurav Says

I have heard that if you tell the visa officer that you are taking student loan in US (maybe from college itself), they ask how u intend to pay it back. It is obvious that you would need to work in US for this. But if you admit to it, then visa is rejected in most of the cases. Any comments?

Most the good B Schools in US/UK offer you options to pursue research in an area of your liking for multiple credits. Some call it custom option, some call it some kind of Lab. I will be surprised if top Asian schools also don't offer such option.
One of the themes of top B Schools in US/UK is Global nature. All top schools will have faculty who are expert in emerging markets, electives which lets your focus on emerging market and job treks for career opportunities. If you want to know how one school compares with the other, look into their curriculum, not just within class but also outside class.
As far as cost benefit is concerned, you have to do it yourself based on comparing factors such as pre MBA and post MBA salary, your interest areas, brand value, etc.
-TP
bizschoolprep@gmail.com

I have heard that if you tell the visa officer that you are taking student loan in US (maybe from college itself), they ask how u intend to pay it back. It is obvious that you would need to work in US for this. But if you admit to it, then visa is rejected in most of the cases. Any comments?

Thank you bizschoolprep and gurumba for your thoughts.

I agree that it's wholly up to me for my reasons and specialization of mba. What I was hinting towards was a research based mba, is there sort of a thesis option for the specialization one chooses (the question might not be appropriate in this section though). The info i'm getting from school's websites are courses and teaching methodology, other than saying that we do lot of research.

Most the good B Schools in US/UK offer you options to pursue research in an area of your liking for multiple credits. Some call it custom option, some call it some kind of Lab. I will be surprised if top Asian schools also don't offer such option.

As for doing mba from places "near to India", you are absolutely right bizschoolprep that best place would be India, but there doesn't seem to be much choice in India for that (IIM's seem to be extremely selective of NRI applicants. ISB is the only other choice, about which I've not been hearing great things)
Let me rephrase my question now:
If I want to gain more international exposure while doing my MBA , which mainly means getting more knowledge of emerging or should I say emerged markets, are US schools (while charging 100K for it and US economy growing by 1% for next decade) are more capable of it or Asian schools (ISB, NUS, HKUST, HKU, CIEBS, Insead Singapore) surrounded by economies growing at unbridled pace and charging half of what US schools want.

One of the themes of top B Schools in US/UK is Global nature. All top schools will have faculty who are expert in emerging markets, electives which lets your focus on emerging market and job treks for career opportunities. If you want to know how one school compares with the other, look into their curriculum, not just within class but also outside class.
As far as cost benefit is concerned, you have to do it yourself based on comparing factors such as pre MBA and post MBA salary, your interest areas, brand value, etc.
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

i tried a lot of research farankly unable to find any good data to begin with. so still confused. one thing i am quite sure wat i want to do with my life is i want to go into capital markets most probably equity research. so i wanted to know if i did MS Finance will it help me change my job. also how godd is ms finance compared to mba finance ( or for that matter how bad ) also what are the basic requirement for the MS. any is any one can tell me where to find information about it will be great or if u can tell me what good univ's i can follow that up.

Thanks in advance

I know for a fact that there are a lot of MBA students going into equity research. If you want to get into trading, fixed income derivatives, asset management, algorithm development or any other heavy quant and theory oriented course, MS Finance may be the right course.
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

Hi All,

I have submitted my UNC app but recos are remaining. One of the reco question is "Please use the space below to elaborate on the applicant's qualifications. ". Can anyone tell me what are they asking by that? What do they mean by qualifications?

Thanks a ton!
Rish

Rish,
The best part of the recommendations is that the recommender can interpret an open question such as this anyways, and it won't be counted against the candidate.
I'd say use it to comment upon candidat'es attributes that couldn't be highlighted anywhere else and if not summarized anywhere else, use this space to close the recommendation very strongly.

- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

I'm combining two queries because they both relate to MBA financing, and this should give everyone some idea how to think about that $130K expense -

Hi all.

I shall be taking the GMAT during the first week of June this year. I want to know if spending so much on a US MBA is worth it or not. For me, personally, a US MBA will involve a considerable financial burden since I'll have to opt for a loan for the most part of it.

I intend to pursue the US MBA only if admitted to one of the top B-Schools. I look forward to working in the US after graduating from the B-School in order to pa back the debt and also to acquire some international work-ex. I have little idea as to how the job scene currently is for international MBA students in the US and would like to have some insight on that as well.

Could anyone please do the cost-benefit analysis for me? I'm really so confused right now.

Thanks in advance.

I'm planning to pursue an MBA in the USA in Fall 2012. But the financial aspect of things seems to pose a bit of a problem for me. Typically, an MBA in the USA seems to cost $120,000 - $130,000. I'm not in a position to pay the fees out of my own pocket, and I will have to rely on student loans. The loan amount that can be raised in India(at any PSU or other bank) seems to be INR 2,000,000, roughly $45,000. I have checked out Global Student Loan Corporation, where loans can be availed upto a maximum of $100,000(for both years of study), but the lender, in this case, HSBC India, requires property to be mortgaged as collateral, which is a problem for me. And, I won't be in a position to raise the required amount through a student loan in the USA, because I don't have a co-signer. My cousin lives there, but
I really don't want to impose on her. Are there any other ways of raising funds ? If I'm unable to do the same, then I have to look for cheaper degrees abroad viz MS(Engineering Management) or MS(Financial Engineering) or MS(Finance) - which I'm not really keen on pursuing. Or attempt the CAT for a 5th time and pray that it clicks. So, could you let me know of other ways, if any, to finance the MBA program ?

I understand that finances for a MBA degree from the US or Euro region look very scary initially. MBA expenses are definitely very significant, especially once you convert it into Indian rupee. However, dig a little and you will see that it's actually quite manageable!
Most of the top B schools offer a guaranteed student loans to everyone who is admitted. Some schools offer it to only towards the tuition, which comes to around $100k for two years, and others may offer it towards tuition as well as living, the total cost, all WITHOUT A COSIGNER. If you have a guarantor/cosigner in the US, the schools who give loans only towards tuition, will go on to cover living expenses as well. Moreover, having a cosigner with good credit score might shave few points from your loan interest rates. These top schools either have very strong relationships with banks or tap their own endowment to arrange for the loans. And why not? How many of those who go to top schools with an average base salary of ~$100K at graduation are going to default on their loans?
Now, after knowing this, tell me why would you even try to take loan in India @ ~10% when the prime rate in the US is at all time low @~3.5% (and add some spread)? Even if I don't need student loan, I'd rather take student loan in US and put that in a FD in India! (ok, I'm not going into hedging currency risk, but you get the idea). This is similar to a currency trade. Welcome to the MBA world!:cheers:
However, there is a caveat - These kind of student loans arrangements are usually limited to top tier schools. So get yourself to work and get into one of those! Just for reference, I did not use a single penny from my saving for my MBA. Go figure!
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

Thank you bizschoolprep and gurumba for your thoughts.

I agree that it's wholly up to me for my reasons and specialization of mba. What I was hinting towards was a research based mba, is there sort of a thesis option for the specialization one chooses (the question might not be appropriate in this section though). The info i'm getting from school's websites are courses and teaching methodology, other than saying that we do lot of research.

As for doing mba from places "near to India", you are absolutely right bizschoolprep that best place would be India, but there doesn't seem to be much choice in India for that (IIM's seem to be extremely selective of NRI applicants. ISB is the only other choice, about which I've not been hearing great things)

Let me rephrase my question now:

If I want to gain more international exposure while doing my MBA , which mainly means getting more knowledge of emerging or should I say emerged markets, are US schools (while charging 100K for it and US economy growing by 1% for next decade) are more capable of it or Asian schools (ISB, NUS, HKUST, HKU, CIEBS, Insead Singapore) surrounded by economies growing at unbridled pace and charging half of what US schools want.

i tried a lot of research farankly unable to find any good data to begin with. so still confused. one thing i am quite sure wat i want to do with my life is i want to go into capital markets most probably equity research. so i wanted to know if i did MS Finance will it help me change my job. also how godd is ms finance compared to mba finance ( or for that matter how bad ) also what are the basic requirement for the MS. any is any one can tell me where to find information about it will be great or if u can tell me what good univ's i can follow that up.

Thanks in advance

Hi,

I want to ask that how much would it affect someone's chances of getting into ISB to have 2 years gap in education. I have had decent grades (10th 87%, 12th 75%, engg. 80% and topper of my batch) throughout my academic career but have 2 years gap after 12th standard.

Would it affect my chances?

Thanks for taking time to reply.

Hi All,

I have submitted my UNC app but recos are remaining. One of the reco question is "Please use the space below to elaborate on the applicant's qualifications. ". Can anyone tell me what are they asking by that? What do they mean by qualifications?

Thanks a ton!
Rish

Hi all.

I shall be taking the GMAT during the first week of June this year. I want to know if spending so much on a US MBA is worth it or not. For me, personally, a US MBA will involve a considerable financial burden since I'll have to opt for a loan for the most part of it.

I intend to pursue the US MBA only if admitted to one of the top B-Schools. I look forward to working in the US after graduating from the B-School in order to pa back the debt and also to acquire some international work-ex. I have little idea as to how the job scene currently is for international MBA students in the US and would like to have some insight on that as well.

Could anyone please do the cost-benefit analysis for me? I'm really so confused right now.

Thanks in advance.

Hi bizschoolprep,

How many years of exp is required to get into the top 35 b-schools in the US??
I'd say get atleast 2-3 years of quality work exp.

I am only 5-months old in the IT industry.So when,how and where do I start off with my prepration??

Now wouldn't be a bad time! Start thinking about GMAT, researching on the schools and building your extracurriculars.

What are the things the b-schools look for in an experienced person??

Professional maturity, clear vision, managerial potential, leadership, fit , to start with.

Thank you

You're welcome!
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

Get some work exp, take GMAT, build some extracurricular, research your career goals, and apply!

-TP
bizschoolprep@gmail.com

Hi bizschoolprep,

How many years of exp is required to get into the top 35 b-schools in the US??
I am only 5-months old in the IT industry.So when,how and where do I start off with my prepration??What are the things the b-schools look for in an experienced person??

Thank you

Hi All,

I have done my engineering(2010-passed out) with computer science as my major.Joined SAP Labs in Aug 2010.I would want to pursue my MBA abroad.Could you please give your suggestions as to how I need to go about it.

Thank You

Get some work exp, take GMAT, build some extracurricular, research your career goals, and apply!

- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

Hi,
I just wanted information about which are the business schools I can apply to in US/Europe for Full time Executive MBA?
I have around 9.5 yr exp in IT and a GMAT score 670 only. Do I stand a chance in any one of the top 20 colleges or should I go for another take?
Also what will be the monetary cost of doing MBA from US/Europe?

It will be really helpful for me if someone can share his/her thoughts on this.

Don't mind the delay. Kellogg and Harvard's Jan 11 deadlines made it a super busy day.
There are many good schools you can apply to. Most executive MBA programs have usually around 10/+ years of exp, so yours should fit the profile. Few schools even give exception to GMAT requirement. However, if you think you can do better with your GMAT, I'd say go for it. This will probably be the last time you will be doing your MBA and considering the fact that the MBA brand stays with you, there is no reason not to stretch yourself and get into the best possible school.
Most of the top 20 business schools in US have executive MBA program and you should look at these in detail to see what matches best with your goals and requirements, to select your target range. LBS in UK also offers a 20 month Executive MBA program. Also, keep in mind that executive MBAs are usually more expensive than the regular MBAs (can range from close to $100K to $150K+). Some schools may require letter of sponsorship from your organization.
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

Hi All,

I have done my engineering(2010-passed out) with computer science as my major.Joined SAP Labs in Aug 2010.I would want to pursue my MBA abroad.Could you please give your suggestions as to how I need to go about it.

Thank You

Hi All,

I have done my engineering(2010-passed out) with computer science as my major.Joined SAP Labs in Aug 2010.I would want to pursue my MBA abroad.Could you please give your suggestions as to how I need to go about it.

Thank You

Hello everyone,

I'm currently working in US and am planning to enroll in an MBA program by next year. Will be giving GMAT within few months.

I'm targeting more than 700 for GMAT (near 750) and am decently confidant about it. I've done my BE from India and MS from US (both in mechanical engineering) and have been working as a research engineer in a pretty big automotive company for last 2 and a half years.

Acads:
10/12th - 88%
BE - 72%
MS - 3.85/4 (thesis option, wrote few journal papers)
Work Ex - 3 years by the time I apply to schools
Extra-curricular: Not amazing but have served my community in US and India

I have two main questions
First is US vs. Asia Pacific MBA. I've been in US for more than 4 years and it seems most of the companies here are making more than 50% of their profits in India/China/Brazil/South Africa, mine included. Also, I'm gravitating towards moving/getting near to India and am beginning to feel that doing a US Mba would again hold me to working here for a few more years, while doing a MBS from HK/Singapore/Manila etc would give me more options of a India centric job.
Also, I would gain more international exposure from such a degree.

My other question is regarding specialization. I really enjoy the job I'm doing (R&D;) and would like to do an MBA somewhat associated with it. What are my options? I've been reading about operations/supply chain etc but am not getting much enthusiastic about them. Is there some sort of "research management" specialization.

All comments/suggestions are greatly appreciated.

Hello there,
for your first question, you have two options. First, you can apply to NUS,ISB,and similar asian schools. Your US exp. will be highly valued here as you will be bringing new experience and thoughts to these schools. This is a good way to make transcition to Asia, if you want so. Second, nowadays in many US universities, companies both US and intl., are recruiting students for India, China and Singapore. Moreover, people are finding big paycheck jobs more conveniently in India by presenting their US education n exp. For ex., my friend, who hasnt graduated yet, is in 1st yr, and he has received calls from ernst and young in india and goldman in singapore. So, there are few options .it is upto you to decide basing on qulality, content of mba program, fees, batchmates, ambition,aim,etc
For second question, i would say that it can be best answered by you. trust me, when u start wriitng ur essays, it will get more clear. It wouldnt be appropriate us commmenting based on limited infos.

Thanks

GURU MBA TEAM

Ah..new to PG. Enabled PM. Also, you can write to me on bizschoolprep@gmail.com

Vishal,
I don't know about getting close to 750 but 2 months prerp is generally good enough for GMAT prep. Obviously, it also depends a lot on your existing time commitments, etc.

I have taken a year's sabbatical from work in order to prepare for my mba exams. Cat etc. are over and so have geared up for GMAT now. As i am free the entire day, i can give more time to my prep. Will this sabbatical come in my way during the selection process?
As I mentioned before, how much you score in GMAT depends only on you, and generally speaking, 2 months are good enough considering your background. Yes, you will definitely need to explain the one year gap to B school during application. At the minimum, enroll yourself in some NGO, extracurricular activity to explain about this one year gap.


If you give your GMAT in March, and assuming that you are interested in US Based B schools, you will be applying in Fall 2011 (Sept-Oct and later, depending on round deadlines) for admission to MBA program starting mostly from Aug/Sept 2012.

Oh!! so i will have to wait for another 18 months or so for the course to start. When is the latest by which i should have appeared for GMAT in order to be able to apply for Fall 2011 and later and by when should i start applying to the schools?
You need to have your GMAT score by the time you submit your application. You can take it anytime before that. However, it is recommended to have the score ready much in advance so that you can shortlist your schools and prepare the essays.
I am actually interested in a 2 yr course and so even if it is not in the US, it is ok except that it should be a good b school.
Enrollment dates for European schools are little different than that of US which may open few options for you. However, I doubt if it will be feasible to target any B school starting around mid 2011. 2012 is the best bet.


About selecting your B schools, the first step should be get a GMAT score to see atleast know the range of schools you can target. Based on the information you have given (just 5 year of work exp), I don't want to give you a target school range because it also depends on your GMAT, quallity of work experience, where you worked, your extra curricular and finally your goals. Working in a call center for 5 years is very different than working in a reputed consultancy firm leading a team of 5 associates.

Worked in Infosys for 5 years. Have worked as a developer and a team leader (support and development) for a considerable period of time. Onsite exp in london for 7 months. Have won few project level awards. Academics are not very good and not much of extra curricular. PLan to involve more in extra curricular in order to give the profile a facelift.
Going by your suggestions, i shall conc on GMAT for now and think about b schools later. WHat should be my score like in order to increase the chances of getting a call from the top 20 at least?
This is the most typical profile from Indian candidates - Male Indian IT. Make sure you get a good GMAT score. 700 should be a must to target top 20 schools. I'd say the closer it is to 750 the better it is. Work exp seems good, however, a lot will depend on how you tell the story to differentiate yourself from the rest of the IT crowd.
I have worked with many candidates similar to this profile. Write to me if you want to discuss it more.
- TP
Bizschoolprep@gmail.com

Hi there,
have sent you a mail.

Hi,
I just wanted information about which are the business schools I can apply to in US/Europe for Full time Executive MBA?
I have around 9.5 yr exp in IT and a GMAT score 670 only. Do I stand a chance in any one of the top 20 colleges or should I go for another take?
Also what will be the monetary cost of doing MBA from US/Europe?

It will be really helpful for me if someone can share his/her thoughts on this.

Hello everyone,

I'm currently working in US and am planning to enroll in an MBA program by next year. Will be giving GMAT within few months.

I'm targeting more than 700 for GMAT (near 750) and am decently confidant about it. I've done my BE from India and MS from US (both in mechanical engineering) and have been working as a research engineer in a pretty big automotive company for last 2 and a half years.

Acads:
10/12th - 88%
BE - 72%
MS - 3.85/4 (thesis option, wrote few journal papers)
Work Ex - 3 years by the time I apply to schools
Extra-curricular: Not amazing but have served my community in US and India

I have two main questions
First is US vs. Asia Pacific MBA. I've been in US for more than 4 years and it seems most of the companies here are making more than 50% of their profits in India/China/Brazil/South Africa, mine included. Also, I'm gravitating towards moving/getting near to India and am beginning to feel that doing a US Mba would again hold me to working here for a few more years, while doing a MBS from HK/Singapore/Manila etc would give me more options of a India centric job.
Also, I would gain more international exposure from such a degree.

If you want to be specific to Indian region, I doubt how can a HK/SG/Manila specific MBA can help you more than US/Euro region MBA. Go for an MBA from a top Indian B School! Just because something is geographically closer to India doesn't mean that it will have relationship with recruiters for Indian specific jobs. Go to Asian schools if you want to make career in Asian region. Having said that, all the top Euro/US B schools have very strong brand not only in their respective regions but all over the world. They attract a lot of students from Asian region who wants to go back . These schools have job treks all over the world to specifically find job in these regions. Moreover, there are lot of companies who recruits international students from these B schools and offer them posting in their respective countries.

My other question is regarding specialization. I really enjoy the job I'm doing (R&D;) and would like to do an MBA somewhat associated with it. What are my options? I've been reading about operations/supply chain etc but am not getting much enthusiastic about them. Is there some sort of "research management" specialization.

All comments/suggestions are greatly appreciated.

First question you may need to answer is why you need an MBA ? Choose an MBA that addresses your career goals. MBA in itself should not be a goal. Once you have your goals figured out, and why you need your MBA, it will be far easier to know what kind of MBA you want to do.

- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

Hello everyone,

I'm currently working in US and am planning to enroll in an MBA program by next year. Will be giving GMAT within few months.

I'm targeting more than 700 for GMAT (near 750) and am decently confidant about it. I've done my BE from India and MS from US (both in mechanical engineering) and have been working as a research engineer in a pretty big automotive company for last 2 and a half years.

Acads:
10/12th - 88%
BE - 72%
MS - 3.85/4 (thesis option, wrote few journal papers)
Work Ex - 3 years by the time I apply to schools
Extra-curricular: Not amazing but have served my community in US and India

I have two main questions
First is US vs. Asia Pacific MBA. I've been in US for more than 4 years and it seems most of the companies here are making more than 50% of their profits in India/China/Brazil/South Africa, mine included. Also, I'm gravitating towards moving/getting near to India and am beginning to feel that doing a US Mba would again hold me to working here for a few more years, while doing a MBS from HK/Singapore/Manila etc would give me more options of a India centric job.
Also, I would gain more international exposure from such a degree.

My other question is regarding specialization. I really enjoy the job I'm doing (R&D;) and would like to do an MBA somewhat associated with it. What are my options? I've been reading about operations/supply chain etc but am not getting much enthusiastic about them. Is there some sort of "research management" specialization.

All comments/suggestions are greatly appreciated.

Vishal84 Says

Thanks for the response. It seems that you have blocked people from sending you PMs. Have replied here instead.

Ah..new to PG. Enabled PM. Also, you can write to me on bizschoolprep@gmail.com

Vishal,
I don't know about getting close to 750 but 2 months prerp is generally good enough for GMAT prep. Obviously, it also depends a lot on your existing time commitments, etc.

I have taken a year's sabbatical from work in order to prepare for my mba exams. Cat etc. are over and so have geared up for GMAT now. As i am free the entire day, i can give more time to my prep. Will this sabbatical come in my way during the selection process?
As I mentioned before, how much you score in GMAT depends only on you, and generally speaking, 2 months are good enough considering your background. Yes, you will definitely need to explain the one year gap to B school during application. At the minimum, enroll yourself in some NGO, extracurricular activity to explain about this one year gap.


If you give your GMAT in March, and assuming that you are interested in US Based B schools, you will be applying in Fall 2011 (Sept-Oct and later, depending on round deadlines) for admission to MBA program starting mostly from Aug/Sept 2012.

Oh!! so i will have to wait for another 18 months or so for the course to start. When is the latest by which i should have appeared for GMAT in order to be able to apply for Fall 2011 and later and by when should i start applying to the schools?
You need to have your GMAT score by the time you submit your application. You can take it anytime before that. However, it is recommended to have the score ready much in advance so that you can shortlist your schools and prepare the essays.
I am actually interested in a 2 yr course and so even if it is not in the US, it is ok except that it should be a good b school.
Enrollment dates for European schools are little different than that of US which may open few options for you. However, I doubt if it will be feasible to target any B school starting around mid 2011. 2012 is the best bet.


About selecting your B schools, the first step should be get a GMAT score to see atleast know the range of schools you can target. Based on the information you have given (just 5 year of work exp), I don't want to give you a target school range because it also depends on your GMAT, quallity of work experience, where you worked, your extra curricular and finally your goals. Working in a call center for 5 years is very different than working in a reputed consultancy firm leading a team of 5 associates.

Worked in Infosys for 5 years. Have worked as a developer and a team leader (support and development) for a considerable period of time. Onsite exp in london for 7 months. Have won few project level awards. Academics are not very good and not much of extra curricular. PLan to involve more in extra curricular in order to give the profile a facelift.
Going by your suggestions, i shall conc on GMAT for now and think about b schools later. WHat should be my score like in order to increase the chances of getting a call from the top 20 at least?
This is the most typical profile from Indian candidates - Male Indian IT. Make sure you get a good GMAT score. 700 should be a must to target top 20 schools. I'd say the closer it is to 750 the better it is. Work exp seems good, however, a lot will depend on how you tell the story to differentiate yourself from the rest of the IT crowd.
I have worked with many candidates similar to this profile. Write to me if you want to discuss it more.
- Bizschoolprep
---------------------------
IvyLeague MBA Former Admissions Committee Member Wall Street Work Experience Speciality - Top Tier B Schools Email / PM Me

One of the very first posts by SIMBA. There is a link to simba.pagalguy.com/articles. It's not working

What post are you talking about ?

-Bhavya

soniyaahuja Says

Hello, the link mentioned in this post does not work. I know that this post is dated around 4 years back, but I wanted to check out the article in discussion. Anyone knows about where are the articles currently residing now :(

Hello, the link mentioned in this post does not work. I know that this post is dated around 4 years back, but I wanted to check out the article in discussion. Anyone knows about where are the articles currently residing now

My 2 cents:

You should first get a GMAT score of 700+ and then you can target top 20 business schools in US.

In order to shortlist the schools, you would need to do due-diligence on your post MBA goals.

-Bhavya (MBA '09 Chicago Booth)

Vishal84 Says

Thanks for the response. It seems that you have blocked people from sending you PMs. Have replied here instead.

Vishal,
I don't know about getting close to 750 but 2 months prerp is generally good enough for GMAT prep. Obviously, it also depends a lot on your existing time commitments, etc.

I have taken a year's sabbatical from work in order to prepare for my mba exams. Cat etc. are over and so have geared up for GMAT now. As i am free the entire day, i can give more time to my prep. Will this sabbatical come in my way during the selection process?

If you give your GMAT in March, and assuming that you are interested in US Based B schools, you will be applying in Fall 2011 (Sept-Oct and later, depending on round deadlines) for admission to MBA program starting mostly from Aug/Sept 2012.

Oh!! so i will have to wait for another 18 months or so for the course to start. When is the latest by which i should have appeared for GMAT in order to be able to apply for Fall 2011 and later and by when should i start applying to the schools?

I am actually interested in a 2 yr course and so even if it is not in the US, it is ok except that it should be a good b school.

About selecting your B schools, the first step should be get a GMAT score to see atleast know the range of schools you can target. Based on the information you have given (just 5 year of work exp), I don't want to give you a target school range because it also depends on your GMAT, quallity of work experience, where you worked, your extra curricular and finally your goals. Working in a call center for 5 years is very different than working in a reputed consultancy firm leading a team of 5 associates.

Worked in Infosys for 5 years. Have worked as a developer and a team leader (support and development) for a considerable period of time. Onsite exp in london for 7 months. Have won few project level awards. Academics are not very good and not much of extra curricular. PLan to involve more in extra curricular in order to give the profile a facelift.
Going by your suggestions, i shall conc on GMAT for now and think about b schools later. WHat should be my score like in order to increase the chances of getting a call from the top 20 at least?

You should first try to do some research on your career goals to find out where you want to land up AFTER your MBA. That would help you to figure out what schools give you the best shot in achieving those goals. For e.g. if it is consultancy, tier 1 schools are the feeder schools and that's where your focus should be.

Remember, While B schools carry a lot of brand value in itself, being a B school graduate itself should not be the goal.

PM me if you want to discuss it further. Good luck!

-TP

Thanks for the response. It seems that you have blocked people from sending you PMs. Have replied here instead.

Hi,

I have 5 yrs of work ex under my belt and am planning to write GMAT in March this year. Have given gmat prep 1 mock where i scored 680 (QA-50, VA-30). Do u think 2 months are sufficient for prep based on my mock score so that I get close to 750? I am looking for a 2 yr mba course. If I give GMAT in MArch, which admission season will i be eligible for?

How do i go about zeroing in on the prefered colleges? I have no idea which college to select. Need a little help here.

Vishal,
I don't know about getting close to 750 but 2 months prerp is generally good enough for GMAT prep. Obviously, it also depends a lot on your existing time commitments, etc.

If you give your GMAT in March, and assuming that you are interested in US Based B schools, you will be applying in Fall 2011 (Sept-Oct and later, depending on round deadlines) for admission to MBA program starting mostly from Aug/Sept 2012.

About selecting your B schools, the first step should be get a GMAT score to see atleast know the range of schools you can target. Based on the information you have given (just 5 year of work exp), I don't want to give you a target school range because it also depends on your GMAT, quallity of work experience, where you worked, your extra curricular and finally your goals. Working in a call center for 5 years is very different than working in a reputed consultancy firm leading a team of 5 associates.

You should first try to do some research on your career goals to find out where you want to land up AFTER your MBA. That would help you to figure out what schools give you the best shot in achieving those goals. For e.g. if it is consultancy, tier 1 schools are the feeder schools and that's where your focus should be.

Remember, While B schools carry a lot of brand value in itself, being a B school graduate itself should not be the goal.

PM me if you want to discuss it further. Good luck!

-TP

Thanks mate. Newayz just submitted my UNC apps. If you dont mind just wanted to ask, which school did you graduate from?

Regards
Prashant

Cornell - Johnson. During my time at the school, I was a part of the adcom and evaluated applications /conducted interviews for admissions to FT MBA program. I am currently based out of New York City.

Good luck for R2!

As far as MBBB are concerned, the five schools you have applied to will have a better recruitment relationship than with UNC. However, of the schools you mentioned, I'd personally pick UNC over Emory and IBD.

Most of the feeder schools for these mgmt consultancy firms are the top 15 B schools. The more you move out of this range, the difficult it would be to land an interview call (which will depend a lot on your networking skills). Obviously, a great GMAT as in your case, is definitely a big plus for these firms.

Thanks mate. Newayz just submitted my UNC apps. If you dont mind just wanted to ask, which school did you graduate from?

Regards
Prashant

Focus on the GMAT first and then think about the schools. Based on your work-ex and expected GMAT score, I think top 20 business schools should be your target.

-Bhavya (MBA '09 Chicago Booth)

Hi,

I have 5 yrs of work ex under my belt and am planning to write GMAT in March this year. Have given gmat prep 1 mock where i scored 680 (QA-50, VA-30). Do u think 2 months are sufficient for prep based on my mock score so that I get close to 750? I am looking for a 2 yr mba course. If I give GMAT in MArch, which admission season will i be eligible for?

How do i go about zeroing in on the prefered colleges? I have no idea which college to select. Need a little help here.

Hi,

I have 5 yrs of work ex under my belt and am planning to write GMAT in March this year. Have given gmat prep 1 mock where i scored 680 (QA-50, VA-30). Do u think 2 months are sufficient for prep based on my mock score so that I get close to 750? I am looking for a 2 yr mba course. If I give GMAT in MArch, which admission season will i be eligible for?

How do i go about zeroing in on the prefered colleges? I have no idea which college to select. Need a little help here.

Hello Vishal,
You will be looking forward to Fall 2012 MBA season.
There is no month wise analysis of gmat progress. Its just your natural base + ur effort. When u feel confident, go for it. Some peopl take months , some take days..what matters is the result.so be happy :)
I can gauge that you dont have in depth knowledge regarding the univ..Would advise u to take gmat and progress from there onwards PM me in case u need any help.

Good Luck
GURU MBA TEAM

Hi,

I have 5 yrs of work ex under my belt and am planning to write GMAT in March this year. Have given gmat prep 1 mock where i scored 680 (QA-50, VA-30). Do u think 2 months are sufficient for prep based on my mock score so that I get close to 750? I am looking for a 2 yr mba course. If I give GMAT in MArch, which admission season will i be eligible for?

How do i go about zeroing in on the prefered colleges? I have no idea which college to select. Need a little help here.

Which are the good schools (Indian and global) for career in 'Energy Sector'?
Thanks

McCombs, Ross, Kellogg, etc

Hi eveone...thanks for helping us out...:thumbsup:
I am currently in my 3rd yr...Btech IT...for VIT University Vellore...
Academics:
10th - 92
12th - 88
8.71 CGPA (till now)

Extra-c:
Technical president for ACM Students Chapter in my college.
Training in NEC HCL and BHEL.
Worked as web developer for a Microsoft partner startup Morvo Corp.
Founder and CEO of a social venture - ngoFuel (ngofuelorg):grin:
I have been very interested in entreprenurship.

I have started preparing for CAT. But my dream is an MBA from one of the best B-schools such as Harvard.
Will be giving GMAT around Nov 2011 - Feb 2012.

Could you please guide me how to go about it...
What additions in my resume could help??

Work experience is critical for B school admissions outside India and your chances to do MBA from any top tier school such as HBS, just out of school, are next to nil. However, its good to know that you are thinking about MBA from now itself. You should spend next few years getting the work experience and preparing your profile for future application.

hi friends...
need advice...related to colleges...
my brief profile...

acads : very gud : 10th 90%; 12th 80%; b.e. 71%
work ex : 3.5 yrs ; supply chain in tata motors....

interests : field of supply chain and strategy...
short term goals : manufacturing , supply chain consulting...
long term goals: general mangement; enterpreneurship..

my stengths: excllent analytical abilty, finance knowledge, manufacturing processes knowledge..

problem is : i got dinged in isb...and i have not applied elswhere..
gmat score is : 750...

i want advices related to ...
colleges which can give me a decent scholarship..such that my total expenses are less than 12 lacs...also a decent placement record for my kind of profile...long term goal is to settle in india....

just revewing sites of ..sda bocconi , insead etc,,...but they seem atleast 30 lacs worth of money in pocket...

thanks puys...
& please guide...

Information from highschool does not matter much. However, you have a strong profile. A ding from ISB means there may be weakness on other parts - extra curricular / essays / or just how you are presenting your stories.

My advise would be too not settle for less with this profile. Aim for tier 1 schools without thinking about scholarships. As far as cost is concerned, don't bother about it at all. $130K is a lot of money, but a good school can put you to a job where you can pay it off very easily. I didn't use a single penny from my savings towards my MBA education. With interest loans all time low in US and Euro, this is the best time to do an MBA on student loan. Start thinking like an MBA from now!

Friends,

First to begin with I am an IT guy with an experience of 26 months in TCS, despite of huge desperation of getting an MBA from a reputed college, i didn't kept options opened for GMAT due to some economical obstacles.

Now, as i am done with all Indian MBA entrance exam, and frankly speaking don't hope for a good show. I have decided to take GMAT and my queries follows as

1. How late i can take this exam and still manage to get admission for Aug 2011 session?

2. with the stats of: {Work-ex= 2+(IT firm), Acads: BE from a private engineering college (69.81% in electronics and telecommunication), 10th 65.8% and 12th 72.22} what are my chances of getting into a reputated college?

3. What are the chances and share of financial assistance i can get and what would be overall financial expenses if i manage to get an average economic assistance?

Folks, I have kept my options opened for European university provided they don't come heavy on my pocket and can get good job.

Please, reply to me ASAP

Thanks,
Atul Gupta

Straight facts:
1. Obviously, you are too late for US schools. Deadlines of European schools might give you some time but it seems a very tight race against time. Not only you will have to plan, prepare and take GMAT, you also have to shortlist schools and apply which usually takes substantial time. It wouldn't be a bad idea to wait for a year and apply in the early rounds of 2011 (around Sept/Oct).

2. Average work exp at any of the top US schools ia around 4-5 years. For Euro schools, it is around 6-7 years. By applying next year, you will also add another year of solid experience. Moreover, it will give you time to add extra curriculars to your profile.

3. Most of the top/good B schools have relationships with banks through which they provide guaranteed student loans. I remember not using even one penny from my savings towards my B school expenses. Check with your target schools about financial aid/student loans about their policies.

-TP

Hi,
I'm a Computer Engineer. My problem is that although I want to go for an MBA (India or abroad) for better growth and opportunities in my career, I have huge interest in technology and really like my current technical job (i'm in business intelligence domain and work on business-planning related software development and support)

Can you please suggest which MBA school shall I focus on so that after completion I can opt for either project manager etc. profile in some MNC (like TCS/Infi/IBM/Accenture) or opt for consulting (Accenture/Deloitte/etc.).

I've been fascinated of business consulting and dream about a job where I'd be able to help companies improving their business, brand image, help them make their processes more efficient etc. etc.

Which domestic or international business school would be able to help me train and then get above job profile.

Kindly help me.

Thanks in advance.
Rahul

As far as international schools are considered, there are many top schools that have very strong relationships with tech sector, usually on west coast - Stanford, the best of them all.

Your post MBA goal description sounds like you are interested in consulting industry. Most of the big consultancy firms have their own teams specialised in sectors such as tech / pharma / energy / utilities, etc and they recruit at top B schools. In that sense, you don't have to leave your industry and any of the top B school should be your target.

From my own experience, Infy/TCS, etc also recruit students from the top B schools for their US operations.

Hi all,
i am looking for a 1 yr mba (preferably marketing) from any universities in Europe...am i already late for the applications? i know its r2 now at most of the universities, still want to know whether i have a chance/not?
My profile
GMAT - 710
Work ex - 6+ in IT industry
Please advice.

These are R2 time for US B schools. Most of the B schools in Europe have applications deadlines that go well in 2011, hence, it is still not too late. Assuming other parts of your profile are good, given that no information is provided, a solid application can make you good candidate for any of the European schools.

However, the sooner you apply, better will be the chances.

Best,
TP

How is UNC for management consulting. Does M/B/B recruit in UNC. How about IBD.

I am a CA with 4 yrs work ex with KPMG in Corporate Finance. GMAT 770

Have applied to Ross, Booth, Duke, Darden, CMU.

Applying to Stern too. Just wanted to apply to one more school. Thought abt UNC and Emory. Felt UNC better than Emory based on chat with Alums for consulting.

Almost done with my apps. Still wanted to know the prospects for consulting(Strategy) at UNC with M/B/B and other firms such as Roland Berger/Cambridge etc.

Regards
Prashant

As far as MBBB are concerned, the five schools you have applied to will have a better recruitment relationship than with UNC. However, of the schools you mentioned, I'd personally pick UNC over Emory and IBD.

Most of the feeder schools for these mgmt consultancy firms are the top 15 B schools. The more you move out of this range, the difficult it would be to land an interview call (which will depend a lot on your networking skills). Obviously, a great GMAT as in your case, is definitely a big plus for these firms.

Hi
I have got a 640 in my GMAT Q-49 V-28 and have very bad acads(engineering). However Im working in sales in a top MNC in IT(the strongest part in my profile).I am more keen on a one year MBA, could you guys please guide me in what kind of schools i should be looking at?
I intend to do a general MBA rather than a specialization and my long term or post MBA plans are to get into product management.

Most of the European schools have 1 year MBA programs. However, Your low GMAT score (esp in verbal) along with a bad undergrad performance will be a bummer!

Having worked for a well known brand is always helpful, however, a lot depends on your career progression in the company, leadership qualities and other part of profile such as extra curricular, etc.

Best,
TP

Guys,

Between Queen's and St. Gallen, which will be a better choice (in terms of quality of education and job prospects). I'm in IT/9yrs experience with 720 GMAT. Appreciate any thoughts!

Queen's. B school is most about the brand you carry and Queen's definitely scores over St. Gallen.