Personal/Career/CAT-job Dilemma Queries : A Repository

MBA CAT 2024
3307
hi there..
im 20 yr old b.com (3rd year) Delhi University, CA final(New course) , CS final(new Course), will go for CFA and MBA after my graduation
will it be possible to break into investment banking/private equity for me at all ??
Btw i have seen many CA's in IB in india and abroad....

Some help would take me a long way..

PS: wut abt FRM/PRM??
thanx

*PEACE*


Yes WHY NOT???????????
3308

are these degrees(CA, CS) enough(im not counting CFA n MBA here)..
but will be going for CFA n MBA anyway..

*PEACE*

3309

Puys help required is the role of marketing executive or executive trainee in marketing division is it considered as work ex by IIMs or XLRI or B-schools abroad through GMAT.sincere suggestions required:oops:

3310
ankit636 Says
Puys help required is the role of marketing executive or executive trainee in marketing division is it considered as work ex by IIMs or XLRI or B-schools abroad through GMAT.sincere suggestions required:oops:


Any full time experience is considered valid. I hope this answers your query.
3311
are these degrees(CA, CS) enough(im not counting CFA n MBA here)..
but will be going for CFA n MBA anyway..

*PEACE*


Though I am not from a background who can comment on the chances of making a career in investment banking career with CA & CS alone. But I can surely bet that having an MBA will brighten your chances.
You can get a lot more info by posting here:
http://www.pagalguy.com/discussions/investment-banking-in-india-and-abroad-25062087
3312

ive already posted there ..yet im getting no replies...

*PEACE*

3313

HI...

Can anyone tell which IIIT (Gwalior or allahabad ) is better for MBA IT ????

3314

I m a B tech final year student from IT..got placed in Cognizant TEch Sol. and a GE/PI call from MICA..should i go for the job n gain some workex or move forward wid MICA??

3315

It seems u have got a GD/PI call only , u have yet to appear /would have appeared and are waiting for results .... if u get selected , I would recommend u take it provided you are very sure u want to get into Media field since MICA degree is quite focussed on media. Work ex definitely adds a lot of clarity while doing an MBA ( I did it after 8 years of work ex) but going by the huge competition nowadays , u never know yr chances of selection ... Since u r an IT guy , and would in most probability suited for an IT job (CTS selection) - be very clear what u want to do in life......MBA is not the last thing in the world to do if u are not serious about it .....so whatever u do ...a job or an MBA do it with focus and enjoyment........

3316

Hi Puys

I am confused if I should go for MBA so jus need your(esp b school alumni's) advice...

Actually right now i am working in IT with a package of around 4 LPA.
I have got admission into a top 30 b-school with an avg package of 7 LPA and fees of 10 lakhs.

I dont dislike my present job, and i believe i would like the kind of job profiles one is offered after MBA also, so the only factor I am considering right now is ROI in the long run.

Now I am sure if i dont get an mba degree, ill reach close to 6-6.5 LPA in two years.

Considering the loss of pay for 2 years my total investment in doing MBA would come out to be around 20 Lakhs.

Now I understand that after doing MBA one would have better growth and wider horizons but what I am really wondering is that is the difference in growth with and without MBA so much that I "break even" such a big investment of money and time. and if yes, how long can i expect that to take?

what i know about my industry is that on an avg one can expect 12-15% annual increment if one stays in a company and switching a company can get u around 30% hike in ur salary. Also getting an onsite opportunity(6 months) means another 6-7lakhs each time.

But I am not at all aware about what kind of such figures apply to an mba. I mean is the hike pattern similar for an mba also? coz in that case it wud prbbly take forever to recover my expenses.

i appreciate people who leave their jobs to do MBA for their passion and inclination towards it but I find myself equally interested in the technical and management side so please dont get bothered by my crude calculations with respect to ROI and suggest accordingly.

PS: this is the third time i gave CAT and i am not interested in giving another try.

3317

good post........u seem to be more of an entreprenurial spirit ....my advice....do an MBA and start yr own business.....MBA will help you in learning the nitty gritties of ROI and stuff .........start yr own Company man

3318

hello alll,,,

i am a fresher,., i scored 94 percentile at CAT and also cleared IIFT and SCMHRD written.. i was quite confident that i would convert both these calls as i have always had excellent communication skills and a very broad knowledge base because of my varied reading habits.i had good scores in my X XII and graduation..i gave my GD/PI's well and was expecting calls

however to my surprise and dismay,, i could not clear any of the calls..:drinking:
i am not able to take these failures.. from past few days m not able to concentrate on any damn thing.. i have secured a job @ accenture as a software engineer,,but m not at all interested in it.(though i am an engineer with a good percentage in graduation but i dont really like these subjects.i would really be a hopeless s/w engineer..). i feel i have lost everything and i need help..

i know this job will bring Experience factor into my profile,,but i really dont know whether i would be able to do it or not... my confidence has reached its nadir after these rejects and i really cant describe how pathetic i am feeling...

i dont know what should i do,, infact dont know what should i think... friends/family help also not helping me...

please do help if anyone has understood what i am going through..:drinking::drinking::drinking:



TIA

3319
Hi Puys

I am confused if I should go for MBA so jus need your(esp b school alumni's) advice...

Actually right now i am working in IT with a package of around 4 LPA.
I have got admission into a top 30 b-school with an avg package of 7 LPA and fees of 10 lakhs.

I dont dislike my present job, and i believe i would like the kind of job profiles one is offered after MBA also, so the only factor I am considering right now is ROI in the long run.

Now I am sure if i dont get an mba degree, ill reach close to 6-6.5 LPA in two years.

Considering the loss of pay for 2 years my total investment in doing MBA would come out to be around 20 Lakhs.

Now I understand that after doing MBA one would have better growth and wider horizons but what I am really wondering is that is the difference in growth with and without MBA so much that I "break even" such a big investment of money and time. and if yes, how long can i expect that to take?

what i know about my industry is that on an avg one can expect 12-15% annual increment if one stays in a company and switching a company can get u around 30% hike in ur salary. Also getting an onsite opportunity(6 months) means another 6-7lakhs each time.

But I am not at all aware about what kind of such figures apply to an mba. I mean is the hike pattern similar for an mba also? coz in that case it wud prbbly take forever to recover my expenses.

i appreciate people who leave their jobs to do MBA for their passion and inclination towards it but I find myself equally interested in the technical and management side so please dont get bothered by my crude calculations with respect to ROI and suggest accordingly.

PS: this is the third time i gave CAT and i am not interested in giving another try.


Hi

Can someone please guide me to other relevant posts where i can get attention of b-school alumni or other people who can help.

Thanks
3320
hello alll,,,

i am a fresher,., i scored 94 percentile at CAT and also cleared IIFT and SCMHRD written.. i was quite confident that i would convert both these calls as i have always had excellent communication skills and a very broad knowledge base because of my varied reading habits.i had good scores in my X XII and graduation..i gave my GD/PI's well and was expecting calls

however to my surprise and dismay,, i could not clear any of the calls..:drinking:
i am not able to take these failures.. from past few days m not able to concentrate on any damn thing.. i have secured a job @ accenture as a software engineer,,but m not at all interested in it.(though i am an engineer with a good percentage in graduation but i dont really like these subjects.i would really be a hopeless s/w engineer..). i feel i have lost everything and i need help..

i know this job will bring Experience factor into my profile,,but i really dont know whether i would be able to do it or not... my confidence has reached its nadir after these rejects and i really cant describe how pathetic i am feeling...

i dont know what should i do,, infact dont know what should i think... friends/family help also not helping me...

please do help if anyone has understood what i am going through..:drinking::drinking::drinking:

TIA


Dude...it happens with everyone...don't think that God has chosen you to suffer...Infact, think laterally & you would thank God that you have tasted Failure so early in your Life...You will be a lot wiser now...Rememnber the famous lines of Forrest Gump...Life is like a box chocolates, you never know which one you gonna get....so getting upset or for the matter even deppressed is absolutely normal....but getting over the disappointment in due course of time is also extremely important...So just believe in yourself...Keep up your spirits as high as possible...Enjoy the last days in college...Join Accenture & work with great enthusiasm...you will definitely be in a much better position come next season of MBA....& you will have that experience of having failed...experience of having come so close yet so far from achieving your target...so you will be more alert & will leave no stone unturned the next time....Cheer Up...:
3321
amritasharma Says
Hmm i guess i needed this post very much!! Yes all your points are valid I know may be dats why I didn make the cut this year bcoz i fail to understnd d diff between the two exams...... Never mind I do understand thngs much better now...........My sincere thanks to you man to help me understand thngs much better and give me a different perspective...........:thumbsup:



Hi...
I have a little different opinion on this issue...
See if you are in a job that sucks...and everyday when u are working, once a thought comes to your mind, that this is not what you intended to do, and you are making a big compromise with life....just one thing LEAVE IT !!!!
I did the same...I was in IT and I resigned the day I felt a threshold has reached...and this threshold can be decided only by you...
I had no back up, nothing...
I struggled, gone thru many ups and down, faced lot of failures, dealt with harsh criticism...
but I managed to prove myself...cause I was always determined..I knew I have it in me...
now I feel myself to be very strong and absolutely clear as to what I have to do...cause I have tasted many waters...
I explored various fields like teaching, got offers from bank P.O., went thru civil services preparation, traded in share markets....
And believe me I got to know a lot about myself...
Take risks, let yourself be exposed, you will fight better...
It has been more than an year that I left my job, I got 98.8 this time in CAT...and I do not regret my decision of leaving that job...
3322
hello alll,,,

i am a fresher,., i scored 94 percentile at CAT and also cleared IIFT and SCMHRD written..

however to my surprise and dismay,, i could not clear any of the calls..:drinking:
i am not able to take these failures.. from past few days m not able to concentrate on any damn thing.. i have secured a job @ accenture as a software engineer,,but m not at all interested in it.(though i am an engineer with a good percentage in graduation but i dont really like these subjects.i would really be a hopeless s/w engineer..). i feel i have lost everything and i need help..

i know this job will bring Experience factor into my profile,,but i really dont know whether i would be able to do it or not... my confidence has reached its nadir after these rejects and i really cant describe how pathetic i am feeling...

i dont know what should i do,, infact dont know what should i think... friends/family help also not helping me...

please do help if anyone has understood what i am going through..:drinking::drinking::drinking:



TIA


Friend and Family always support you my friend.
MBA is not end of life.

The best solution acc to me will be to mail accenture HR (after they give your joining date) seeking extension of joining on personal/medical grounds.

Prepare and Give CAT during that free time.
Considering you graduate in July and accenture calls you in august, a 2.5-3 month extension will be enough to allow you to give CAT in initial slots and then move on to accenture job.

I know you may be tempted to join accenture with your college friends but you will have to overcome the temptation for another shot at CAT.

If you score good at CAT you can take GD PI at your job location itself. This way you give best to MBA dream as well as job in hand
3323
Hi Puys

I am confused if I should go for MBA so jus need your(esp b school alumni's) advice...

Actually right now i am working in IT with a package of around 4 LPA.
I have got admission into a top 30 b-school with an avg package of 7 LPA and fees of 10 lakhs.

I dont dislike my present job, and i believe i would like the kind of job profiles one is offered after MBA also, so the only factor I am considering right now is ROI in the long run.

Now I am sure if i dont get an mba degree, ill reach close to 6-6.5 LPA in two years.

Considering the loss of pay for 2 years my total investment in doing MBA would come out to be around 20 Lakhs.

Now I understand that after doing MBA one would have better growth and wider horizons but what I am really wondering is that is the difference in growth with and without MBA so much that I "break even" such a big investment of money and time. and if yes, how long can i expect that to take?

what i know about my industry is that on an avg one can expect 12-15% annual increment if one stays in a company and switching a company can get u around 30% hike in ur salary. Also getting an onsite opportunity(6 months) means another 6-7lakhs each time.

But I am not at all aware about what kind of such figures apply to an mba. I mean is the hike pattern similar for an mba also? coz in that case it wud prbbly take forever to recover my expenses.

i appreciate people who leave their jobs to do MBA for their passion and inclination towards it but I find myself equally interested in the technical and management side so please dont get bothered by my crude calculations with respect to ROI and suggest accordingly.

PS: this is the third time i gave CAT and i am not interested in giving another try.

I am in very much same position as yours...
looking to go for MBA..

Just DO IT!!!!
3324
hello alll,,,

i am a fresher,., i scored 94 percentile at CAT and also cleared IIFT and SCMHRD written.. i was quite confident that i would convert both these calls as i have always had excellent communication skills and a very broad knowledge base because of my varied reading habits.i had good scores in my X XII and graduation..i gave my GD/PI's well and was expecting calls

however to my surprise and dismay,, i could not clear any of the calls..:drinking:
i am not able to take these failures.. from past few days m not able to concentrate on any damn thing.. i have secured a job @ accenture as a software engineer,,but m not at all interested in it.(though i am an engineer with a good percentage in graduation but i dont really like these subjects.i would really be a hopeless s/w engineer..). i feel i have lost everything and i need help..

i know this job will bring Experience factor into my profile,,but i really dont know whether i would be able to do it or not... my confidence has reached its nadir after these rejects and i really cant describe how pathetic i am feeling...

i dont know what should i do,, infact dont know what should i think... friends/family help also not helping me...

please do help if anyone has understood what i am going through..:drinking::drinking::drinking:



TIA


Frankly , I would think ( I know I am sounding harsh) that its good you did not get selected in the MBA exams ......Do u know why ?? just a few failures ....that so in MBA exams have let u so down that u can't think what to do with yr life ?? What would u have done if by any chance u would have failed in any exam after u got admitted in one of the prestigious MBA courses.....Jump off the cliff............Buddy ......success and failures are part and parcel of life ......and dont think that passing an MBA exam and doing an MBA will take you to great heights ............they will definitely not .....if u have a loser's attitude .......come on chin up.....face every failure , every bad situation with gutso....... join Accenture ....do yr best there and move on.........
3325
hello alll,,,

i am a fresher,., i scored 94 percentile at CAT and also cleared IIFT and SCMHRD written.. i was quite confident that i would convert both these calls as i have always had excellent communication skills and a very broad knowledge base because of my varied reading habits.i had good scores in my X XII and graduation..i gave my GD/PI's well and was expecting calls

however to my surprise and dismay,, i could not clear any of the calls..:drinking:
i am not able to take these failures.. from past few days m not able to concentrate on any damn thing.. i have secured a job @ accenture as a software engineer,,but m not at all interested in it.(though i am an engineer with a good percentage in graduation but i dont really like these subjects.i would really be a hopeless s/w engineer..). i feel i have lost everything and i need help..

i know this job will bring Experience factor into my profile,,but i really dont know whether i would be able to do it or not... my confidence has reached its nadir after these rejects and i really cant describe how pathetic i am feeling...

i dont know what should i do,, infact dont know what should i think... friends/family help also not helping me...

please do help if anyone has understood what i am going through..:drinking::drinking::drinking:



TIA


I think this is a very good opportunity for self-introspection. Most people get into jobs they don't like and then after 1-2 years you get desperate to get into a Bschool because you want to escape the job that you are stuck in. (I am a good example of that :-P ). Today when I look back, I feel that if I had made some decisions at that point (after graduation/before joining a job), things would probably have been different today.
This is a very good time to think about what you really want. What kind of work do you want to do ? Don't join an IT job if you know you won't like it. People will say that you will start liking the work after some time but thats only wishful thinking. Search for a job that will make you happy. It would probably be difficult but not altogether impossible. Engineers have an advantage over others as they are eligible for ANY job and being a fresher will also help. Once you get into a specific field, it will be difficult to switch without getting a relevant degree as you'll have to start out as a fresher in the field you switch to without one (And that seems like a waste of the years you would spend slogging in a company doing work that you hate!)

By the way, there is sufficient time to prepare for CAT 2011 and even more time for the other exams. Buck up and get going !!! ATB !
3326
hello alll,,,

i am a fresher,., i scored 94 percentile at CAT and also cleared IIFT and SCMHRD written.. i was quite confident that i would convert both these calls as i have always had excellent communication skills and a very broad knowledge base because of my varied reading habits.i had good scores in my X XII and graduation..i gave my GD/PI's well and was expecting calls

however to my surprise and dismay,, i could not clear any of the calls..:drinking:
i am not able to take these failures.. from past few days m not able to concentrate on any damn thing.. i have secured a job @ accenture as a software engineer,,but m not at all interested in it.(though i am an engineer with a good percentage in graduation but i dont really like these subjects.i would really be a hopeless s/w engineer..). i feel i have lost everything and i need help..

i know this job will bring Experience factor into my profile,,but i really dont know whether i would be able to do it or not... my confidence has reached its nadir after these rejects and i really cant describe how pathetic i am feeling...

i dont know what should i do,, infact dont know what should i think... friends/family help also not helping me...

please do help if anyone has understood what i am going through..:drinking::drinking::drinking:



TIA



dude ...dont worry ...everything will be fine ...i was also in same boat ...i m passed out in 2010 and joined times in jaipur ..and prepared very hard for Cat ....but in last nothing in my hand ...and till that time ..i had no job .( u hav atleast one job )....then i knew ...now i hav nothing ..i hav to do something ..then i came to bangalore in jan ...and searched for job ....because i always knew that ..i hav to do some job and if it is from engineering that will be good ..ultimately my aim always was cat and till now and always i will try for cat .. on 6 th march i got job ...i will say ..join accenture and give cat next year ..belive me brother ...i can understand ur feeling ....