Hi
I need some guidance on my MBA application process. I am in
a dilemma about where all to apply. Below are some details of my profile:
10th - 94.2%; 12th - 80.2%
B.E. (Hons.) Electrical and Electronics Engineering from
BITS - Pilani, Dubai - CGPA: 7.05/10, First Division
GMAT - 1st attempt (April'13) - Q42, V26, Total:
560, AWA-5, IR-5
2nd attempt (March'14) - Q46, V27, Total: 600,
AWA-5, IR-4
3rd attempt (Dec'14) - Q46, V40, Total: 700,
AWA-4, IR-7
I do not intend to give another attempt at GMAT.
Experience: I have been working with a top MEP construction
company in Dubai as an Assistant Quantity Surveyor for around 3 years 9 months now
and will have completed over 4 years by the time I start the session anywhere
in 2016.
My job is a techno-commercial role based out of projects and
my responsibilities include maintaining the project cash flow and monitoring
costs and value throughout the project duration by preparing billing
projections / forecasts, cost to completion reports, regular payment
applications as per the forecasts, variation claims, etc. This involves regular
discussions with the site engineers, operations team along with physical visits
to the site to review actual progress. All these projects have been huge
projects with project values ranging from 15 Million AED to over 140 Million
AED. Projects include hotel cum office building for Oberoi in Dubai, Audi car
showroom, district cooling plant, forensic lab building for Dubai Police,
Emirates NBD Bank Headquarters, etc.
I also liaise with the Consultants, Clients and other
Contractors for commercial issues. Many of these people happen to be from
nationalities other than India and other South Asian countries.
I also manage sub-contractors' contracts and have also been
training a junior employee under me for almost a year now.
In addition, I prepare extensive project review reports every
month which I present to the Top Management that includes the General Manager, Regional
Commercial Manager, etc.
I have learnt a lot in the past 4 years and have handled responsibilities
usually handled by far more experienced people. I have also moved up the ladder
with one promotion from the trainee to the assistant stage fairly fast and have
also gathered regular positive feedback and appreciation from my superiors.
I have also interned in a few other companies in UAE but I
have not mentioned those here as I feel internships won't lend any weight to
the application.
All my experience has been in Dubai with a single company
since my graduation after engineering. I have not worked in India or in any
other country.
The major reason that I want to an MBA is that I want to
move out of the construction industry. While there is money in this industry,
it comes with a lot of experience and is a slow process. Moreover, at this
stage, I feel I am not learning as much as I used to a couple of years back. As
I have done well with whatever has been thrown at me, I need more challenges to
sustain myself and enough of that is not happening right now. Also, the
construction industry is fairly volatile here with the market booming at times
and failing miserably at others, which does not inspire a lot of confidence. Future
success in my role involves an interest in and grasp of contractual knowledge,
which I am not very much interested in. Currently my job involves dealing with lots
of numbers and excel sheets which I love. As my job role is in Operations and I
report directly to the Operations Manager, I am looking to use my interest and
experience with numbers and working in tight deadlines and in a team, while
supplementing it with formal theoretical and working knowledge of management
principles and concepts, in General Management / project management roles or
Operation roles outside the construction industry. I am keen on moving on to
Consulting roles which could also involve travelling, an aspect that is not at
all present in my current role.
I do not have extensive extracurricular activities to talk
about other than an odd volunteering experience here and there. Most of the
activities I took part in happened during school days, several years back. Most
recently, I have taken a French language beginner course and have travelled a
bit in other middle-east countries (Qatar, Oman) as well.
I was originally planning to apply primarily in ISB, IIM-B
(EPGP), IIFT in India. I also thought about applying to Insead, HEC in France,
Rotterdam in Netherlands, Mannheim in Germany, NUS,NTU, Insead in Singapore in
addition to the Indian colleges. I did not include any colleges from USA in the
list as those are very expensive programs and the duration of most programs is
2 years. I would prefer to do a one year MBA but I am also open to doing a 2
year MBA in case I do not get any good one year MBA. I am a bit skeptical of
European colleges too but I felt good colleges like Insead and HEC might hold
good even in the current not too bright European market.
However, recently I have started wondering whether I am
limiting myself by applying only to a few colleges. I cannot wholly bank on ISB
or any one college. Some people have suggested that I should consider US
colleges too as they are the traditional powerhouses for MBA and they continue
to dominate the overall MBA landscape. A quick look at the costs for most
decent programs revealed costs to the tune of 85 lakhs to 1 crore INR, which is
too much in my case. How do I go about in deciding where to apply? I do not
want to limit myself but I feel restricted when I look at such high costs for
an MBA. Are the scholarship chances at most US schools realistic in my case?
Any help that can guide me in the right path will be
appreciated. I can provide any additional info as well if required at all.
Thank you