Hi Guys, Want your advice, I am CA working with a MNC for almost 3 years. My work ex relates to taxation where I have been handling Transfer pricing and corporate tax affairs . I have also started to look into other areas such as accounts and audit. I wish to apply to ISB such that to move to a larger role of a sub- CFO position. a. what are the chances keeping current profile in mind? b. what is the average GMAT score where the ex is less than 3 years.
Thanks,
Hi Raghav,
You have not mentioned much about your profile in this post. Assuming that you get a good GMAT score, have good undergrad GPA, have a good career progresstion record and are able to communicate clear and sound career goals in your application to ISB, you should be competitive.
ISB's average GMAT is close to 720 and they have a work experience preference for a minimum 2 years. So getting your GMAT scores in this range will definately help, however, if your scores are lower, it will not keep you out of the race.
I am Chandrasekhar. First of all kudos for the efforts you have taken
Here my current profile in brief:
I ve done by B.E Instrumentation. went boring, now part of IT industry for 2 yrs. During these yrs, I happened to be in a Logistics Project,I work as an analyst.developed business understanding of warehousing in Logistics and how data gets integrated with IT using Interfaces.
Specization: Warehouse Mgmnt System, Electronic Data Integration.
I happen to develop keen interest in Analytics, Although i am sure i have hardly done things on pure analytics. But with the opening i got in my project , I am keen to get into core analytics specifically- Supply Chain Analytics, involving understanding Business Processes. My profile also requires customerr interaction which I feel i am good at.
I would like to know if I can switch over my profile from IT Analyst to Proper Supply Chain Analyst and down the years into consulting..
If so could you guide me the processes. Awaiting your reply.
I have a situation that i am in rite now and need your help to take a decision. I did my Post graduate Diploma in Rural Management 4 years ago and have since then worked for 3 years in one of the largest FMCG company in India and for a year in one of the largest Commodity trading and SCM company in the world. I now want to do a second MBA to increase the scope of my profile for Strategic level role in SCM/trading/FMCG sector outside India. I applied to the top 5 US B-schools but got dinged by 4 of them. Additionally i applied to ISB and have got thru. My question are as follows:
1. Is it better to go with ISB if I know that the kind of companies I want to work for come to ISB.
2. Should I wait one more year and apply again next year with a wider net for US b-schools and also apply to some European Schools.
3. Considering the Visa issues in US/Europe is it advisable to look in that direction if one does not have any interest in working for consulting companies who seem to be the only ones sponsoring the work visas.
4. Will it be better to rather gun for PhD courses outside in related field of operations and SCM.
Also i may get an option to go on a full scholarship to a top 30 ranked US B-school but in the scenario building up 2 years from now is it advisable to do this.
I eventually may come back to India but for the time being i want international exposure.
I need some advice on which school should I join. Yesterday I was offered admission to Indian School of Business, Hyderabad (the only 1 year non US program I applied to) and now I am confused between Ross (Univ of Michigan) and ISB. Even though the exposure and the opportunities I will get from these colleges are very different and definitely not comparable, I am having a hard time deciding the next course of action. I don't have any long term ambition of working in US. In fact my only intention of applying to a US b school was to get education of the international standard, work in US and get some global exposure and then return to India in 4-5 years. I am not interested in finance, and would like to build myself in the field of technology ( I am an engineer working at Siemens with 5.5 yrs of exp) - maybe start with strategy consulting in business technology and then move on to technology leadership roles. I have listed the pros and cons of both these schools below.
Ross ---- Pros: . Education of the highest standard, global recognition, an amazing 2 year collegial experience . Learning from experiences of a diverse class . Large Michigan alumni network, even in India . Opportunity to work in USA for a few years, global exposure, experience of working in a developed economy. If I manage to land up with a good job then probably repay my loans and make substantial savings before returning to India . Decent reputation of Michigan MBA in India - shouldn't face many problems in getting a job in India
Cons: . Unavailability of no cosigner loan and/or scholarship - extremely high investment (75-80 lakh). . Even though my wife would be working (maybe in US, she has asked for H1 visa from her current employer) so it might lighten the burden but this could mean that we have to stay apart. . Job uncertainity due to visa issues, chances of another recession by the time I graduate. . Might not be eligible to apply for many companies/functions in US, only options available- consulting from established firms (Mckinsey, Bain, BCG, Deloitte etc.), investment banking (I am not interested in finance) or established tech companies (not the start ups) . The burden of loan will in some way restrict my post MBA career options - I might have to compromise on what I want to do, which company I want to work for. . Living in US with a feeling of temporariness - in a saving mode in order to repay the loan and then in order to build up saving before returning to India
ISB --- Pros: . 1 year program, low opportunity cost,lower investment (25 lakh) . Very strong brand recognition within India and in South Asian region (Singapore, Malaysia) . Financial freedom, probably wont need an education loan. . Many opportunities will be available to me - FMCG companies, consulting, tech, I can even put on my entrepreneurial shoes. . ISB brand will open the doors of almost every company in India for me, whether I can get in is a different story all together and depends totally on my own efforts. . Since I plan to work and settle in India, having Indian business education will help me better understand the dynamics of emerging economy, I will be able to peneterate the market early as compared to after 7 years if I go to Ross. . Me and my wife can stay together, permanance, savings can start immediately after completion of the program
Cons: . The education and the experience will be no where near what I will get at Ross . Lack of diversity, almost 70% of the class is comprised of engineers (myself included), very few international students, but at least my fellow classmates will have substantial industry experience unlike IIMs full time MBA where more than 60% are freshers straight out of college) . Very little or almost no recognition outside South Asian region - I can't even think about working in US or Europe (not that I want to work in Europe right now given the economic paralysis in the region) with a post graduate certificate (its not an MBA degree) from ISB . Chances of landing up with a salary quite close to what I am getting right now (or what I would get if I changed over to a new company this year).
Guys I really need to decide in the next couple of days as a non refundable deposit of 2 lakh rupees is due by 1st March and the session starts from 14th April. Any suggestions are welcome.
I need some advice on which school should I join. Yesterday I was offered admission to Indian School of Business, Hyderabad (the only 1 year non US program I applied to) and now I am confused between Ross (Univ of Michigan) and ISB. Even though the exposure and the opportunities I will get from these colleges are very different and definitely not comparable, I am having a hard time deciding the next course of action. I don't have any long term ambition of working in US. In fact my only intention of applying to a...
Guys I really need to decide in the next couple of days as a non refundable deposit of 2 lakh rupees is due by 1st March and the session starts from 14th April. Any suggestions are welcome.
Though I am not a Consultant and u may be looking at somebody very "learned" to handle yr query - still , If I were you and were to make a decision , which indeed has been implicitly made by yourself only in the pros and cons as above - its clearly option 2 in ISB - hands down ....its a WIN WIN ..
Though I am not a Consultant and u may be looking at somebody very "learned" to handle yr query - still , If I were you and were to make a decision , which indeed has been implicitly made by yourself only in the pros and cons as above - its clearly option 2 in ISB - hands down ....its a WIN WIN ..
@mamup: I agree with invban, ISB it is ! US economic condns are very bad. ISB, unless you can afford to pay back the hefty loan with an Indian salary :P
PS: I am not a consultant, this is my personal view
Hello I need some help as I want to apply for Class of 2013-15 My GMAT Score - 730 Acads :- X - 86% XII - 63% I have done Dual Degree ( Engineering+MBA ) from NMIMS - 3.67/4.00(CGPA) My Engineering specialization was IT and MBA was Technology Management ( though have taken all electives during course was Finance (10 subjects) but on paper its MBA in Technology Management )
Interested to do MBA from Top US B-School where more I-Bank & Consulting Recruiters recruits. I have 2 years and 9 months of Work Ex. at present (In one of the "Top 4 Consultancy" firms of world) I also have completed CFA Level 2. Have decent EC's Reason of Doing MBA - Specialization in the Field of Finance & a proper 2-yr Full Time MBA Degree Which MBA Colleges in abroad I should apply?? Thanks in advance
I need some advice on which school should I join. Yesterday I was offered admission to Indian School of Business, Hyderabad (the only 1 year non US program I applied to) and now I am confused between Ross (Univ of Michigan) and ISB. Even though the exposure and the opportunities I will get from these colleges are very different and definitely not comparable, I am having a hard time deciding the next course of action. I don't have any long term ambition of working in US. In fact my only intention of applying to a US b school was to get education of the international standard, work in US and get some global exposure and then return to India in 4-5 years. I am not interested in finance, and would like to build myself in the field of technology ( I am an engineer working at Siemens with 5.5 yrs of exp) - maybe start with strategy consulting in business technology and then move on to technology leadership roles. I have listed the pros and cons of both these schools below.
Dude! from your post, it is pretty clear that you know what each school has to offer. I am sure you know the answer! You have given it decent thought already - Just go with your heart!
don't know if this the correct section for this question or not
Does the % in engineering matter in the admission for MBA by GRE?
Hi Pearson,
there is nothing like "MBA by GRE". GRE is a universal and standard test, like the GMAT and b-schools require you to sumbit either the GMAT or the GRE scores as part of your application.
Similarly, whether you submit GRE or GMAT scores, you would still be required to submit your undergrad transcripts (could be an enginnering or a commerce degree or some something else).
there is nothing like "MBA by GRE". GRE is a universal and standard test, like the GMAT and b-schools require you to sumbit either the GMAT or the GRE scores as part of your application.
Similarly, whether you submit GRE or GMAT scores, you would still be required to submit your undergrad transcripts (could be an enginnering or a commerce degree or some something else).
Namita
what I simply meant was giving GRE and using/submittng the GRE scores to get in a bschool to pursue MBA program. I know the UG results will also be taken by the school but how important do the bschool consider them while considering the admission? Sure, for MS the engg. marks/stream will matter and how about MBA progame?
what I simply meant was giving GRE and using/submittng the GRE scores to get in a bschool to pursue MBA program. I know the UG results will also be taken by the school but how important do the bschool consider them while considering the admission? Sure, for MS the engg. marks/stream will matter and how about MBA progame?
Well, the scores do matter - MBA is an academic program after all. However if your scores are a little off the average from your target b-school's average/median GPA, that should not keep you from applying there.
UG Scores are viewed in totality with other aspects of the application and assuming an otherwise great profile, low scores will not keep one out from consideration. But, in this case one should make the GRE scores work harder - basically to demonstrate that you have it in you to take up a rigorous MBA curriculum.
1. Is it better to go with ISB if I know that the kind of companies I want to work for come to ISB.
If you know the companies that you want to work with come to ISB, then you should definately consider joining it.
2. Should I wait one more year and apply again next year with a wider net for US b-schools and also apply to some European Schools.
What if do not get accepted by the top 20 US/ European b-schools next year? According to FT's latest rankings, ISB ranks at no. 20 (down many notches ). Would you prefer to go to a lesser ranked b-school in the US/ Europe or a higher ranked b-school in India which you know sends students to the companies you are targeting? This is a call you will have to take.
4. Will it be better to rather gun for PhD courses outside in related field of operations and SCM.
Ask yourself why do you want a PhD in the first place? Does it help your end-purpose of landing a strategic level role in your chosen fields? I think an MBA will suffice there, unless you want to get into research and policy or become the "esoteric" thought leader, and don't mind studying for the next 5-7 years. Both degrees cater to very different needs and I do not see them as interchangeable.
Also i may get an option to go on a full scholarship to a top 30 ranked US B-school but in the scenario building up 2 years from now is it advisable to do this.
Firstly, nobody can predict the job scenario 2 years from now.Secondly, are you sure about the full scholarship at this point or you think it may be a possibility? If its the latter then it may not be worthwhile to place all your hopes on something that is ungauranteed.
Eventually a bird in hand is better than two in the bush (and this is a very big one!)
I eventually may come back to India but for the time being i want international exposure.
Try getting more clarity on how the international exposure will help you if eventually you want to work in India. The market dynamics in India, in SCM/ trading are a lot different compared to US/ Europe, so your international experience may not be very replicable back home. Alternatively, facing the local market conditions from day 1 may prove a better strategy in the longer run.
Ok, long post! What I have listed here are just some points you should consider while making a decision (this is not the verdict itself )
Hi, My name is sanketh My profile, 10th-68% 12th-46% B.E-53% IELTS-6.5 year of intake-sep 2012 years of exp-1.5(10 mnths bpo,7 mnths as a hr executive)
I want to do my masters in hrm or a mba in hrm outside india so i tried with australia and a got a couple of offers from universities like tasmania & edith cowin but the fee structure is too high since i was not able to afford that i had to drop my plans.Now the second option which i have is u.k.But i heard from many of my friends and infact from my sister that there are no chances of me getting a job there cos of the situations there.now is it worth going there just to complete my masters and come back to india or is it better doing an mba here in india itself....pls help me with respect to this query...
Current Age - 29 yrs old Nationality : Indian Educational Background:Qualified Chartered Accountant( ACA/CPA)- First attempt - ( in 0.02% of 70,000 people who take up the exam), ICWAI ( CIMA) - First attempt( 0.3% of 40000 who take up the exam) and CMA( IMA,USA). GPA of 3.5-3.7. Both schooling( 10th and 12th) and graduation( B.Com) from Indias' top 10 Schools. GMAT dec 2008 -610 and sept 2011 - 600
Work Experience
I have 8 years of experience( plus 3 years Articleship with Price Waterhouse) in Investment banking, Private Equity, Valuations and M&A; having worked with Deutsche Bank, HSBC, Shell. Have around 3 years of international experience and have worked in 25 countries in last 8 years across 4 continents Have leadership experience of handling people both in current profile and in the past. Working as an M&A; and strategy lead reporting to the CFO of an Investment house (PE) in Muscat, Oman. Currently working on the IPO of the company and would be going publlic in next 1 year. Handled multi - billion dollar cross border M&A; deals.
Achievements: -Was selected amongst 50 Employees out of 100,000 to undergo the prestigious GE Finance Leadership Program. - Undergone the leadership program of Shell Oil& Gas Company. - I am also a certified assesor by CII ( confederation of indian industries) and a certified treasury manager by catalyst consulting group
Extra curricular: . -Part of 'Citizen Journalist' program of BBC during the General Elections in '09. -Founded and operated a small coffee shop/canteen (with around 10 employees) during the college days and subsequently sold it to a larger chain of canteen.Started with an Initial Investment of Rs 8000( USD 200) and sold it at Rs 1,60,000( USD 4000) and used my share of money to fund my further education.
Community service
-worked with an NGO in India during the Tsunami in India in 2004. Visited Nagapatanam and was there for a month and helped rebuild the houses and village. -Stated a group in our locality to help people understand the effective and efficient usage of water and helped in putting thru a rain water harvesting plant in the locality. - Currently working with an international NGO for the education and rehablitation of poor Arab children.
Post MBA goals - Investment banking /Strategy consulting. Schools - All 1 yr MBA IIMA, IIMB, IIMC, XLRI and ISB
Wanted some great help from you guru's regarding my profile :
Here's what my profile is like.
Xth : 89.33% XIIth: 86.20% UG : 72%
Working with Accenture since 20 months as a Senior Programmer in the IT domain. I took CAT this year and bombed heavily just like a flop movie at the box office. By next year my work ex will be 3 years and I really don't want to do my MBA from a B grade Business School. What I'm planning now is take the GMAT by 2012 mid year and start applying to schools outside India and also in India which accept the GMAT score. Secondly, write the CAT again and will aim to get a good percentile. Now my concern is after 3 years of work ex I would want to get into a Tier -1 B school. I am desperate to do an MBA and the options I have this year will be the colleges ranking around late thirties. Please advice how should I go about my plan. I need to score really well in GMAT but after my CAT and every other result I really can't gather the motivation to start up all over again.
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). Would you prefer to go to a lesser ranked b-school in the US/ Europe or a higher ranked b-school in India which you know sends students to the companies you are targeting? This is a call you will have to take.