Hi i am raghav and i am planning to go for Masters in Finance from Usa in 2013 mainly because i dont have work experience.i have done Bachelors in Computer Applications.will being from a non finance background be a disadvantage in my selection?also i am planning to do a distance learning financial management course from Amity University.will it be advantageous to me when applying?if i work during this course from amity then will that work be considered as full time as my course is distance education?
Dear Sir/Madame
Greetings! I am Vivek Jain and I am applying this year. My Profile :
GMAT - 730 (AWA - 4.5)
TOEFL - 105
Graduation - 80% (college - IIIT Allahabad)
12th - 77%
10th - 84%
Work Experience - Last : Derivative Analyst @ FuturesFirst (15 Months) - included full time trading in CME
Current: Family Owned Business related to wholesale and export of agro products (November 2011 - present) for details check out the website : www.saraogiandco.com
Extra Curriculars:
Not after college 😞 ... Played in college's Basketball team and was the Treasurer of the student representative club so therez a lot about it ....
Have always wanted to do MBA and my scores :
CAT 2010 - 99.5 (No call)
XAT 2010 - 99.4 (No call)
FMS 2010 - 99.6 (Couldn't convert )
2011 - All 95+ but could not convert my XL(HR) call
2012 - Both 92+ but no calls
Now I have decided not to pursue my MBA from India and thus am planning to apply in round 1 itself in foreign universities.
Please suggest me which colleges are the best bet for me and where all do you think I should apply. I plan to continue with the family business even after the completion of my MBA program but may do job for a few (max 2) years before it thus my MBA is only for learning experience and my interest would be in marketing and innovation (entrepreneurship)
Also almost everyone suggest that I should have some more work experience but it won't be possible for me to apply later (family reasons and business reasons both) so this is most probably the only year when I am gonna apply..
Last but not the least do suggest some names where the probability to getting a scholarship would b high for me based on my profile.
All the comments and suggestions are welcome and thanks a ton in advance !!
Vivek Jain
I have a query regarding Phd MBA from top 10 universities in US. I would like to know the prospects and kind of roles available to a student who does a Phd from the top 10 institutes in US. Also, how is the admission process different from the normal MBA process.
Hi Consultants!
I am looking for some help in short-listing B-Schools. Here is my profile -
10th - 86%
12th - 85%
B.E.(hons.) - 7.94/10 (BITS, Pilani)
Work Ex - 2yr 1mth (as of this day) in a mobile app development startup. No international exp. Got 2 promotions in these 2 yrs.
ECs - NTSE scholar. A few minor achievements.
GMAT date - 20th August.
Expected Score - around 700 (I've been getting 680-730 in the mocks).
Specialization Interested - Finance.
PS -I posted earlier also but couldn't get a response. Please help!
@[599837:Parul1987]
@Parul1987 said:Thanks a lot for this info And I assume MS in finance would'nt be technical so I was in doubt if choosing MS in Finance over MBA would be safe if job prospects r taken into account. I was inclined towards choosing MS in Finance because of two reasons -1) MBA is much more expensive( although it definitely pays back later but making a huge investment is also tough)2) I was a little skeptical about my job experience( but this doubt has been clarified as you said 3 yrs of exp is not less)Is MS in Finance good too??Thanks once again as I have been posting to other forums as well but have not heard back yet. I was actually happy to see somebody replying so fast.
Whenever it comes to a Foreign B school. First thing you should be concerned is - MONEY !
There are several scholarship programs run by serveral institutes that could help you.
About the confusion between MS and MBA.. it depends on your requirement what you want to do, lets understand both..
start with the business MS degree : -
an MS will dig deeply into a subject. Expect rigorous material that may be more theoretical or math-based than a more general curriculum. Marketing is a good example. At a high-level, the subject may seem straightforward: figuring out how to sell a product or service; just another word for advertising. Pull back the curtain, though, and you will find an incredibly intricate discipline that employs aspects of mathematics, sociology, statistics, product design, distribution, and more. If you are really sure of your subject, then an MS will give you the chance to explore it with great depth.
Also, because it's a more specialized degree than an MBA, business MS programs may be smaller and may offer less flexibility in course options and schedules.
A closer look at the MBA degree : -
An MBA is a universally recognized degree, so you can expect it will always be a highlight on your resume, no matter who's looking at it. As we alluded earlier, an MBA has breadth: you can expect coursework in subjects as diverse as finance, organizational behavior, leadership, technology, and management.
If you're looking for career flexibility or management training, a business degree is the way to go. Through varied classes, case studies, and a diverse student body, you will be exposed to a whole gamut of subjects and industry opportunities. You might even begin your degree with one career in mind, and finish the semester with an entire list of other options.
Good evening everyone,
my profile is given below....
10th:- 81%
12th:-75%
finished B.E. in IT with a first class...(61% of all 8 sems)
have been very active in xtra curricluar activites(sports secretary of coll,captain of volleyball team,member of acm core commitee...etc)
working in infosys for d last one year.....
i am in a dilema as i have realized being in this technical line in not really my cup of tea....understanding the concepts and coding all is fine but doing it for the rest of my life...i dont think so.....
i have been preparing myself for cat n other competitive exams.....but after going thorugh so many forums n discussions still havent reached a decision of choosing what specialization i should take and i want to take tis step carefully.I am definitly going for mba as its tailor cut for me....accepting challenges oraginizng planning are all included in my armour....but being an IT guy for last 4 years ...dunno what to plan as my specialization in mba....plz plz help need it big time!!!
@nayas said: I have a query regarding Phd MBA from top 10 universities in US. I would like to know the prospects and kind of roles available to a student who does a Phd from the top 10 institutes in US. Also, how is the admission process different from the normal MBA process.
This depends on which field do you want to work in. Most PhD students get into scholarly pursuits. If you want to teach at one of the top US universities, then a PhD will be the route to that path.
You can also get back to the job market, but my guess is not all industries have jobs for people with PhDs. You can land a research related role in your industry.
However it seems to me that you are not very sure about doing a PhD in the first place. It will be interesting to know your reasons, so do write them in.
Namita, MBA Decoder
@sheronpaul said:Good evening everyone,
my profile is given below....
10th:- 81%
12th:-75%
finished B.E. in IT with a first class...(61% of all 8 sems)
have been very active in xtra curricluar activites(sports secretary of coll,captain of volleyball team,member of acm core commitee...etc)
working in infosys for d last one year.....
i am in a dilema as i have realized being in this technical line in not really my cup of tea....understanding the concepts and coding all is fine but doing it for the rest of my life...i dont think so.....
i have been preparing myself for cat n other competitive exams.....but after going thorugh so many forums n discussions still havent reached a decision of choosing what specialization i should take and i want to take tis step carefully.I am definitly going for mba as its tailor cut for me....accepting challenges oraginizng planning are all included in my armour....but being an IT guy for last 4 years ...dunno what to plan as my specialization in mba....plz plz help need it big time!!!
Here's an exercise for you:
1. list down your interests in other functions, say marketing, accounting, finance, any
other.
2. What led to that interest, for instance, interactions with cross functional teams?
3. Connect that to spacific activities that you were involved in.
4. Which of your related skills helped you perform well in those tasks?
Do you see any emerging patterns? This exercise can lead you to understand what you are interested in and if you are good at that, with whatever exposure you have had.
The specialization will come much later.
Namita, MBA Decoder
@Troll said: Hi Consultants!I am looking for some help in short-listing B-Schools. Here is my profile -10th - 86%12th - 85%B.E.(hons.) - 7.94/10 (BITS, Pilani)Work Ex - 2yr 1mth (as of this day) in a mobile app development startup. No international exp. Got 2 promotions in these 2 yrs.ECs - NTSE scholar. A few minor achievements.GMAT date - 20th August.Expected Score - around 700 (I've been getting 680-730 in the mocks).Specialization Interested - Finance.PS -I posted earlier also but couldn't get a response. Please help!
Your b-school selection can depend a lot on the final GMAT scores.
It also depends on what you would want to do after the MBA. You have not mentioned that here.
Namita, MBA Decoder
Hi Consultants.............
How do you rate SP Jain GMBA...I have currently 6 years of experience and work with US MNC as Project Manager.....However, i am bit convinced with the long term vision of this college, but whether it is worth going there now?
Thank you so much @namita....
i have done all what u have said.....and i have a feeling that marketing is a field where i will have some job satisfaction....but im really sceptical about it....as i have heard rumours that u have to travel a lot,sell products frm retailer to retailer....i like to work hard n meet new ppl...but dun wana end up in a sales job all my life...can u tell me what will b my scope if i do marketing from colleges like nmims sibm wellingkar somaiya etc...!?
Also what do u think about dual specializations of marketing n operations..!?
Thank u so much....u doin a big favour fr me...someday i will return d same to some future aspirant!!:):)
Hello Consultants
I am planning to join MBA in 2012/2015 depending on the my personal life, job situation, University admitted to etc.
My Profile:
Education:-
MS in Computer Networking and Telecommunication GPA- 3.50
George Mason University, 2012
Btech in Electronics and Communications Engineering 64%
JNTU, 2010
Work Ex:
Next Jump Inc- Systems Admin June,2012
I am a part of mission critical team in a high pressure work environment where we deal with everything ranging from Internal technical Issues to external Site outage , performance, reliability issues. For a E-commerce company its website is THE most critical factor. And I am part of a team which is solely responsible for its stability.
(Will probably add a major corporation to my resume if things go well in coming month. That too will be an E-commerce company)
Area of Interests:
I am majorly looking at International Business and Finance specializations. I am also interested (secondary area of focus) in Marketing.
Reasons:
Since I am working in a E-commerce field I get a chance to see how discussions with MNC's related to Marketing there products, Working on Financial aspects on profits to our company as we act as a middle man between the product developer and Customer, Dealing with companies which are spanned across the globe to be as a partner in providing deals/ being a part of our corporate program where we will be handling there rewards program to their employees. Also, on a personal note, because of my dad who is working as a VP for one of the biggest organizations in India. We have endless discussions on Marketing, Finance and sales. So the interest comes naturally to a certain extent :)
Scores:
Mock Gmat- Ranging in 690-730(Not much preparation). Will be giving my end of this year or the start of 2013. Expecting 700+ . And would it be good enough to write GMAT 9 months earlier than term of applying?
Toefl- 110
Schools Interested:
NYU Stern, Columbia, Kellogg, Cornell, Haas. Please let me know if you feel I should be looking at some other Universities too.
Extra curricular activities:
President, Indian Graduate Students Association, George Mason Uni.2011-2012
Working with an NGO which is relate in helping the cause of "Education for all" over past 1 and half year.
Other activities includes leading an online Education website (Like Pagalguy) names Edulix and few sports interests.
Please let me know if I could improve my profile in any aspect regarding scores, selection in Universities etc.
Regards
theou
Hi Team,
I am a Computer Engineer and working as a consultant in IT(CRM Domain) for 3 years,seeking a career as a Strategy consultant and to fulfill it through MBA but do not know how to map the dots to the desired profile.
I am in need to get the guidance for the majors for MBA to match up my needs so that my present working experience would not get wasted.
I do not possess good acad. and has average extracurricular
@sheronpaul said:Thank you so much @namita....
i have done all what u have said.....and i have a feeling that marketing is a field where i will have some job satisfaction....but im really sceptical about it....as i have heard rumours that u have to travel a lot,sell products frm retailer to retailer....i like to work hard n meet new ppl...but dun wana end up in a sales job all my life...can u tell me what will b my scope if i do marketing from colleges like nmims sibm wellingkar somaiya etc...!?
Also what do u think about dual specializations of marketing n operations..!?
Thank u so much....u doin a big favour fr me...someday i will return d same to some future aspirant!!
Travelling may be part of your job in a marketing position, specially if you are managing a regional/ national team. Anyways marketing as a function is very vast- there are tons of roles which a person can fit in: you can become a product manager/ brand manager, get into social media, advertising or PR, direct marketing, marketing research - you name it.
While you may be doing a lot of ground activities at the entry level, you would also get involved with the strategy and P&L; as you progress.
I suggest that before you think about speacializations, get clarity over what you want to do.
Namita, MBA Decoder
@[384681:mba-help] Thank you...i would do as you say!:)
@megs11 said: @MartianOnEarth: tell me if you were me what would you do? Go for an Indian MBA or have a crack at the those top schools abroad??cause after I heard the tough news from you it is scary!..Sameer I am just out of college,I am really interested in my dad's bizz but he says "jao jaakar duniya daari seekho", dont be under this pinchra(nest),even I agree with him,I wanna VALUE ADD to his business,and that will come I believe if I do an MBA+work atleast for 3 years in a big organisation,so if I come back then I may be well equipped to value add to him rather me just being a under grad and joining his business and listening to orders!...correct me if I am wrong and advice me the way to go! ....again the key thing is if you were me what would you pick Indian MBA or abroad? Regards -Mehran
Neither. I'd go and work for a domestic company for a few years and pick up some real world skills. After 2-3 years, I'd take a call if joining the family business immediately would make more sense or spending 2 more years in a classroom.
For any MBA program, the best way to extract the most is to be in a position to blend theory and practice. Right now, you don't have the latter, so the former won't help.
You'd realise that non of the bschool case studies (mostly focussing on videsi companies) will really teach you how to run a business in a country like India
Your dad would be a far tougher boss than any other manager you'd work under. Why? Because it's his money and reputation at stake. And when he's recommending you to learn duniya daari, the best way to learn that is in the real duniya rather than the academic duniya.
Sounds logical?
--
Sameer Kamat
Founder | MBA Crystal Ball
For any MBA program, the best way to extract the most is to be in a position to blend theory and practice. Right now, you don't have the latter, so the former won't help.
You'd realise that non of the bschool case studies (mostly focussing on videsi companies) will really teach you how to run a business in a country like India
Your dad would be a far tougher boss than any other manager you'd work under. Why? Because it's his money and reputation at stake. And when he's recommending you to learn duniya daari, the best way to learn that is in the real duniya rather than the academic duniya.
Sounds logical?
--
Sameer Kamat
Founder | MBA Crystal Ball
@Ktulucalling said:I am 21 years old. Bachelor in Electrical engineering. Starting work at ABB India as a Management Trainee October, this year. Recently gave the GMAT (Score - 710 Q-47 V-41 AWA 5.0 IR 7) and it will be valid till July 2017.:Please do reply.
Saw your PM. Also saw that Namita has given you some excellent advice on all your queries.
In your PM you said you've just started reading 'Beyond The MBA Hype'. What's your opinion about it?
Good luck at ABB.
--
Sameer Kamat
Founder | MBA Crystal Ball
In your PM you said you've just started reading 'Beyond The MBA Hype'. What's your opinion about it?
Good luck at ABB.
--
Sameer Kamat
Founder | MBA Crystal Ball
@Parul1987 said:
I would definitely want to go for MBA if I can get some of my fee waived off through scholarships. The reason I ruled out MBA was only because its an expensive deal.
But I guess scholarships are offered only if we perform really well during the 1st year of the course( I dont mean I would not be performing well but I just mean that there is no guarantee that a scholarship will be offered and in this case I might land up in a trouble). Is this true? I' sorry but I dont have much idea about scholarships and stuff.
Could you please brief me a little about scholarships?
Sir I seek your advice,
i have completed my class Xth with 67 % marks and class XIIth with 78% marks.
And i have Completed My Graduation(Btech Biotech)
With 55% Marks this year.
the problem is that instead of getting degree this year i would be getting it in the end of next year...
as i have to give a back paper..
as i have to give a back paper..
so please guide me whether i am going to be eligible for CAT this year..???
if i cleared CAt wud there be any hurdle in Next Round Due To This..??
Kindly Help.
@[599837:Parul1987]
MBA is obviously an expensive deal no dount. But its expensive for everybody who wants to do an MBA from good college, not only for indians, but for foreigners. So most of the students who apply for the course also apply for the scholarship program.
Ther are also some third party scholarship programs run by say trusts.. so unless you go their you may not know what all options you have in your hand.
Their is no sure shot approach for Scholarship. you need to dig down and wet your knees to enjoy the waves in sea.
PM me your mail id if u need some reference..