I have started this thread to know more about the life after MBA in UK in terms of placements, acceptability in cos. there, visa related issues etc. I have been admitted to Cranfield School of Mgmt. which have been there in top 5 UK MBA colla…
I have started this thread to know more about the life after MBA in UK in terms of placements, acceptability in cos. there, visa related issues etc.
I have been admitted to Cranfield School of Mgmt. which have been there in top 5 UK MBA collages. I have got admission to the IIM-A, PGP-PMP course which is having its first batch being placed now. The average salary is ranging to 20-22 lacs in india with infrastructure, consulting cos., non profit making fin.cos./bodies..
I have been in SBI for 8 yrs in managment role in the field of retail and corp. bkg. At this point of time, I have little idea about the life in UK post MBA though it is widely claimed that 97% of their students get placed in 3 months, etc. Is there anyone from UK or having some knowledge on the issue may advise over the issue?
Regarding my point of view, it may be little off the real track off my field i.e ret n corp. bkg after the PGP-PMP course in IIM-A but the placements and recognition is well in India.
On the other side, UK is promising to be a better place for MBA-Finance for me and thus would be a further boost to my career. But doubt is that whether will there be really some carrer in the mgmt in the field of finance or consultancy for me - an Indian/non-EU person?
Please some body guide me as well post your issues too.
Rajesh
Also, can someone elaborate prospects for IT professionals. A comparision between prospects post UK MBA and reputed one yr programs in India (ISB, IIM-A, IIM-C) will be useful in making a decision.
Some answers would help this thread...
No idea about Cranfield MBA. But LBS from its employment report seems to suggest that most of their MBA graduates(say 95% to 97%) are placed within 3 months of graduation.
It seems to be the same with Oxford and Cambridge, but the kind of companies and jobs seem to be better in LBS.
As for as IIMA PMP or PGPX or IIMC PGPEX is concerned, it looks like mostly the jobs will be in India that too predominantly in conglomerates like ADA, Aditya Birla group, Reliance, DLF etc. and a few rare consulting jobs; ofcourse IT guys, who are a substantial portion of the student body seem to mostly go back to the IT sector. Very few people get job postings abroad (may be about 10%).
In the case of ISB, the FT top-20 rank seems to have improved the placements- last year, nearly 16% got placements abroad and looks like larger % of people are geting placed in consulting, but very few Finance jobs.
So, if you are looking for a global career and jobs in the Finance sector and if you you get admit and can afford it, you may be better off studying in the top-3 B-schools in UK, namely LBS, Cambridge and Oxford.
If you want to make a career in India and if you are aspiring for a general management or business development type of career but not Finance, then you may be better off joining PGPX pr PGPEX or ISB.
But given the current global economic scenario, it might be safer for you to study in one of the top schools in India rather than UK; job scene may be bleak in UK just now and for another year or two, particularly so in the financial services industry. ISBand IIMs may still be able to help you find a fairly ok job after graduation, even in these difficult conditions.
So, your decision has to be based on your MBA career goals.
IIM and ISB brand will be superior to LBS, Judge and SAID brand, if you are going to make a career in India.
This is purely my personal opinion.
Cranfield has one of the best placement records in UK. Figures for last year are 97% placed within 3 months of graduation (From what I remember this statistic is slightly better than that of Said and Judge) with the average salary being the 2nd highest in UK (or may be it is the 3rd, but I am sure it is among the top 3).
good discussion Rajesh.
A little insight from someone studying @ one of these schools will really help.
-goldenirony
No idea about Cranfield MBA. But LBS from its employment report seems to suggest that most of their MBA graduates(say 95% to 97%) are placed within 3 months of graduation.
It seems to be the same with Oxford and Cambridge, but the kind of companies and jobs seem to be better in LBS.
As for as IIMA PMP or PGPX or IIMC PGPEX is concerned, it looks like mostly the jobs will be in India that too predominantly in conglomerates like ADA, Aditya Birla group, Reliance, DLF etc. and a few rare consulting jobs; ofcourse IT guys, who are a substantial portion of the student body seem to mostly go back to the IT sector. Very few people get job postings abroad (may be about 10%).
In the case of ISB, the FT top-20 rank seems to have improved the placements- last year, nearly 16% got placements abroad and looks like larger % of people are geting placed in consulting, but very few Finance jobs.
So, if you are looking for a global career and jobs in the Finance sector and if you you get admit and can afford it, you may be better off studying in the top-3 B-schools in UK, namely LBS, Cambridge and Oxford.
If you want to make a career in India and if you are aspiring for a general management or business development type of career but not Finance, then you may be better off joining PGPX pr PGPEX or ISB.
But given the current global economic scenario, it might be safer for you to study in one of the top schools in India rather than UK; job scene may be bleak in UK just now and for another year or two, particularly so in the financial services industry. ISBand IIMs may still be able to help you find a fairly ok job after graduation, even in these difficult conditions.
So, your decision has to be based on your MBA career goals.
IIM and ISB brand will be superior to LBS, Judge and SAID brand, if you are going to make a career in India.
This is purely my personal opinion.
I largely agree with NOTHING1954.
There is one contrarian view:
If you are thinking short term, don't have so much of money or don't know how to fund your studies (most of the UK instns. are not offering student loans), stick to IIM/ISB. They are safer bet and invovle low investment.
In the long term, however, in my opinion, there is no match to the brand of Oxford, LBS or Cambridge (:angel: I am at SBS) with Indian institutues. Ten years down the line (post MBA), the difference in position, responsibility, compensation, etc. gets more pronounced!
Grt thread and discussion....
Let's widen the scope by making it broader and condiering few middle rung colleges as well.....
What could be a better option : A middle rung UK B school say Lancaster,Stratclyde ,Leeds Or an Indianize one year program such as SP Jain Dubai, Great Lakes IM, PGPX by SP Jain Mumbai, IMI etc......
The job prospects by any of above Indian school will be better but might be restricted to Indian sub continent......Although some schools such as SP Jain Dubai may help gain international exposure and provide oppurtunity in Singapore Dubai and other East Asian countries.....
Comon guys keep pouring ur thoughts.......
^^^ On a global scale, I would say a mid-tier UK University would be better than Dubai, Great Lakes, etc.
Hi,
I am planning to do my MBA from UK. I have got into Aston and Durham. What are the prospects of these two business schools? As here the discussion revolves around the tier1 schools like LBS etc? Please reply fast as I need to send a confirmation soon.
Thanks.
I largely agree with NOTHING1954.
There is one contrarian view:
If you are thinking short term, don't have so much of money or don't know how to fund your studies (most of the UK instns. are not offering student loans), stick to IIM/ISB. They are safer bet and invovle low investment.
In the long term, however, in my opinion, there is no match to the brand of Oxford, LBS or Cambridge (:angel: I am at SBS) with Indian institutues. Ten years down the line (post MBA), the difference in position, responsibility, compensation, etc. gets more pronounced!
Artemov - Do you think that the last comment of urs would hold good even if a person would graduate in a downturn (like 2009 for ex) and fail to get a job in UK? What if the person had to come back to India imm. after completion of MBA...
-goldenirony
Grt thread and discussion....
Let's widen the scope by making it broader and condiering few middle rung colleges as well.....
What could be a better option : A middle rung UK B school say Lancaster,Stratclyde ,Leeds Or an Indianize one year program such as SP Jain Dubai, Great Lakes IM, PGPX by SP Jain Mumbai, IMI etc......
The job prospects by any of above Indian school will be better but might be restricted to Indian sub continent......Although some schools such as SP Jain Dubai may help gain international exposure and provide oppurtunity in Singapore Dubai and other East Asian countries.....
Comon guys keep pouring ur thoughts.......
Buddy - just a personal opinion but if u ask me, any person having spent more than 2-3 yrs working shd think hard before joining schools like SP Dubai or Great Lakes Chennai.
I mean it sounds like a rational argument when one says that 10-15 yrs down the line you would be better off than you would have been had you not gone for the MBA. But more importantly, are you able to handle the situation if you graduate from these schools and can't secure a job for say 6 months..(this can happen, specifically during a downturn)...
IIM PGPX, XLRI and even SP Mumbai - I would rate these on a slightly higher pedigree - but this is again personal opinion...
-cheers,
goldenirony
First of all, this is a very engrossing thread, thanks to you all.
Which are the top five Uk Schools by global reputation in your mind? The top three are clearly LBS, Cambridge and Oxford. Which would be the next two? According to the FT rankings, Lancaster comes next but i believe Imperial College would come fourth. What do you guys feel..
First of all, this is a very engrossing thread, thanks to you all.
Which are the top five Uk Schools by global reputation in your mind? The top three are clearly LBS, Cambridge and Oxford. Which would be the next two? According to the FT rankings, Lancaster comes next but i believe Imperial College would come fourth. What do you guys feel..
i would put cranfield, manchester and warwick(in that order) before LUMS and Imperial...
-goldenirony
i would put cranfield, manchester and warwick(in that order) before LUMS and Imperial...
-goldenirony
Agreed, I would also place Cranfield, Manchester and Warwick above LUMS and Imperial. LUMS, Imperial and Cass would be the next tier of B Schools followed by schools like Ashridge and Aston.
First of all, this is a very engrossing thread, thanks to you all.
Which are the top five Uk Schools by global reputation in your mind? The top three are clearly LBS, Cambridge and Oxford. Which would be the next two? According to the FT rankings, Lancaster comes next but i believe Imperial College would come fourth. What do you guys feel..
I would have to agree with that ranking pattern in the UK!! To answer the thread-starter's question, If you are looking for a career/job in the UK than Cranfield would be a better choice over IIM-A, but if you are looking to work in India then hardly any other b-school (with the exception of ISB) can match IIM-A's reputation. However, if you dont care where you want to work, then make your decision based on your financial budget, what you want to take away from the program (students in Cranfield are definitely more diverse than at IIM-A but the quality of students would definitely be better at IIM-A) and your specific program needs.
Hello Friends,
I must say that this thread is of great help. Thanks for starting this.
I have got an admit from cranfield.....and i am not able to decide if I should join the program this september or i should defer the decision to join for another year. I have had a number od discussion about this with passouts of cranfield and all had there own opinion......but one thing which was common to all that the quality of education incranfield is extremely good and they rate it above any b school in india. The placements were also great before recession.....so the only thing for me to consider is should i take a risk of joining this year or not.......any opinions would be highly appreciated....
Thanks
Abhishek
I talked to a cranfield passout of 2008. He is currently in india working for an IT MNC. He was of the opinion that the studies in cranfield are excellent and it is a one time opportunity to get that expierience and study there. He recommended me to go there but also told me that the market in UK is realy bad and dont expect that you would be made a manager above the uk nationals.....he had to come back to india immediately after MBA as its really costly to stay in UK and find jobs
I also talked to a current student who is also from IT background...he suggested that cranfield is really good for IT people and offers high quality education. He was quite positive about the job propects but at the same time was afraid because of the market scenario in Uk. The unemployment rate is record high currently in UK.........
I talked to a cranfield passout of 2008. He is currently in india working for an IT MNC. He was of the opinion that the studies in cranfield are excellent and it is a one time opportunity to get that expierience and study there. He recommended me to go there but also told me that the market in UK is realy bad and dont expect that you would be made a manager above the uk nationals.....he had to come back to india immediately after MBA as its really costly to stay in UK and find jobs
I also talked to a current student who is also from IT background...he suggested that cranfield is really good for IT people and offers high quality education. He was quite positive about the job propects but at the same time was afraid because of the market scenario in Uk. The unemployment rate is record high currently in UK.........
thanks for sharing the info! Hopefully, things should improve (globally). One thing that distrubs me slightly is why haven't reputed schools like Manchester and Cranfield put up placement stats for 08 yet!
Lastly - if you don't mind, what decesion did u eventually make?
-goldenirony
I discussed this with the admission executive of cranfield and she replied that the data for 2008 would be on the website very soon......
Also I have decided to take the risk and join cranfield this year.......pray for me.......