Dear friends,
m posting this thread so that i can get ur valuable suggestions.
I am 2008 B tech graduate in IT. I had a plan of doing MBA after 3 yrs of experience in Tier-1 IT company. I got placed in Satyam(now Mahindra Satyam) in 3rd yr itself but the company doomed before i cud join. So the company left us in an ordeal. I was thrashed as there were no jobs in the market at that time due to recession. I joined a start up company in Noida at a very low salary that i never expected. Then after working for a year i realised that my plan of doing MBA has doomed, so i started preparing for govt jobs to make myself secure. After 1.5 yr Mahindra satyam called all the placed candidates of 2008 and 2009 together for a final online test in which they cleared only 10% of the candidates. I cleared the test as i was preparing for govt jobs. I joined Mahindra Satyam and worked there for 6 months but in the mean time i cleared SBI PO entrance and got selected. Right now I am working in SBI as PO from past 4 months.
Now, i want to execute my plan of doing MBA but i dont know what are the prospects ahead for a person like me who changed 3 jobs in just 2 yrs and that too in 2 different fields. Now i will join MBA only if i get slot in Top B Schools. Following are my queries--->
Q1) Is MBA in finance a gud option for me after having 2 yrs of exp in SBI and 2 yrs in IT?
Q2)Should i go for MBA in Finance or Masters in Finance what will be the differnce between the two exactly?
Q3)What are the career prospects ahead for me after MBA?
Q4)Should i leave Officer Rank in SBI just for MBA or i should go for Part time MBA?
Q5)Is CAT a better option or GMAT?
I hope that i'll get good suggestions from u people and that will help me to plan accordingly.
Thank You
Saurabh Surendra
Dear friends,
m posting this thread so that i can get ur valuable suggestions.
I am 2008 B tech graduate in IT. I had a plan of doing MBA after 3 yrs of experience in Tier-1 IT company. I got placed in Satyam(now Mahindra Satyam) in 3rd yr itself but the company doomed before i cud join. So the company left us in an ordeal. I was thrashed as there were no jobs in the market at that time due to recession. I joined a start up company in Noida at a very low salary that i never expected. Then after working for a year i realized that my plan of doing MBA has doomed, so i started preparing for govt jobs to make myself secure. After 1.5 yr Mahindra satyam called all the placed candidates of 2008 and 2009 together for a final online test in which they cleared only 10% of the candidates. I cleared the test as i was preparing for govt jobs. I joined Mahindra Satyam and worked there for 6 months but in the mean time i cleared SBI PO entrance and got selected. Right now I am working in SBI as PO from past 4 months.
Now, i want to execute my plan of doing MBA but i dont know what are the prospects ahead for a person like me who changed 3 jobs in just 2 yrs and that too in 2 different fields. Now i will join MBA only if i get slot in Top B Schools. Following are my queries--->
Q1) Is MBA in finance a gud option for me after having 2 yrs of exp in SBI and 2 yrs in IT?
Q2)Should i go for MBA in Finance or Masters in Finance what will be the differnce between the two exactly?
Q3)What are the career prospects ahead for me after MBA?
Q4)Should i leave Officer Rank in SBI just for MBA or i should go for Part time MBA?
Q5)Is CAT a better option or GMAT?
I hope that i'll get good suggestions from u people and that will help me to plan accordingly.
Thank You
Saurabh Surendra
Hi Saurabh,
Before anyone answers your call, you just try to find out WHY you want to do an MBA? U'v been into IT sector for long .... U changed it all over to Finance now, its like u completely changed your sector/background but for wot?
Ans : "Security"
Security of wot? -> Just "JOB" (Not the career that you would like to be in?)
But did you try to find out tat even for the sake of security why did u switch between the sectors itself? You could have rather utilized your interim period for preparing for CAT when u were in IT (understand that difficult but not impossible), had you been dedicated to MBA to that level. Here the only thing not clear is, you seem to b entangled in a TRIO = ITBANKING MBA
If you say U LIKE YOUR CURRENT JOB/SECTOR, then even after MBA you will be in the same PLACE ryt? As u want to do MBA in finance & def with such a huge work ex (2yr SBI being the latest), you would be majorly taking up the BFSI sector only. Then is there anything that your current job cann't get you what you expect to be getting after MBA? (pls tell or know wot it is then?)
No doubt you are in a good(read SAFE) job as of now, though it might be monotonous to you, which i very well understand, but, Is MBA the only option/investment to get you out of it? You seem to seeing yourself in a confused state no doubt, but.....
Suppose if after MBA u again land into a similar banking job (with a good profile obviously), don't u think you can still achieve that widout an MBA as well?
So ultimately the questions comes WHY DO YOU WANT TO DO AN MBA?
1) If its only for Money -> than i think if you push urself a little, you can grow faster in your current job than otherwise you would after 2 yrs of MBA.
2) If only for profile -> Nearly after 4 years (2 of MBA n 2 work ex after that) you will get some Niche profile in the area of ur choice, if its not IIM or other 3-4 A++ colleges where you MAY get after MBA as well. So don't you think, if u put considerate efforts now in your current job....OR switch job to somewhere better....u can achieve that NICHE place in lesser time?
3) If its not MONEY .... If its not PROFILE ... then i think YOU SHOULD GO FOR MBA -> If n Only If u r clear bout what it is that you want to do n MBA for? OR If i simply put it "What you dont have now that you think you shall have after MBA?"
Now coming back to your questions :
Q1) Is MBA in finance a gud option for me after having 2 yrs of exp in SBI and 2 yrs in IT?
It actually depends on your interest. MBA in FIN is def a good option if you utilize your Banking experience well in understanding this domain & develop a likeliness. And yes be well prepared for it coz in Admission Interviews, you are bound to be grilled with Many questions considering your profile.
Q2)Should i go for MBA in Finance or Masters in Finance what will be the differnce between the two exactly?
Comparison between the two definitely doesn't exist as such. But still, if you would want to remain in BFSI sector, I personally feel Masters in Finance (yes there are many well reputed courses in DU for this...i think MFC is also one of thm...) would earn your more benefit in terms of Knowledge n as well as in ur JOB (for BFSI).
Q3)What are the career prospects ahead for me after MBA?
Career prospects again depend on lot many things like :
1) College, you graduate from
2) Specialization, you go for
3) Essentially ur Past work ex
You are likely to be going in for BFSI sector only. Mainly in banking (Then Is MBA really an option?).
Q4)Should i leave Officer Rank in SBI just for MBA or i should go for Part time MBA?
If you could answer for yourself "WHY DO I WANNA DO MBA?" then this question is already answered. But as an opinion, you can also try Executive MBA after 1 more year of work ex (or rather thats also not needed as such? then Y part tym or Full tym, if you really wanna spend sometime in studying again?
Apart from all this, i feel after being in SBI for 2 years, you'll have lot many doors open for future career prospects that will be similar to what you might find after MBA as well. U just need to be well planned & make good career SHIFTS !!!
Q5)Is CAT a better option or GMAT?
CAT is good option if u are eying only A++ colleges (count 7 colleges MAX + IIMs) that too with a competition within Lakhs for some thousands of seats.
GMAT is also a good option & provides you wider choices with not cut throat competition as in case of CAT.
Depends upon your Affordability, Likes (India or Abroad) & the kind of college you want to go for.
---------------------------------------------------------------------------------------------
I hope i was able to show at least some picture of what exactly it is from Inside out but still that is a personal opinion & this & ur questions are definitely open to discussion !!!
Take informed decision. Because this will either change your life for good or for nothing (if you didn't like the sector or d work after MBA) !!!
All d Best !!!
a sincere request to all queries being posted -
keep your posts as simple and short as possible in order to get quick replies from puys..
Hello ...
I am at the crossroads of my career...I am an engineer working in a public sector power plant and have around 7 years of exp as a operations n maintenance engineer....at this point i am looking for a boost to my career graph...I want to move into Procurement n Contracts management/SCM for a power sector co. ... I have job offers from a number of companies but the profile offered is more or less similar to my existing one...So I feel I need to build on my resume.....My questions are as follows -
1. Is a MBA necessary to make this switch?
2. Any course other than MBA which will add the required value to my profile?
3. As I am married and have a kid, I am interested in the one year programs. Which program would be the real value for money and time?
4. Will distance education (correspondence) be of any use?
Thank you for your views
You can try for this course:
Management Development Institute
Hello ...
I am at the crossroads of my career...I am an engineer working in a public sector power plant and have around 7 years of exp as a operations n maintenance engineer....at this point i am looking for a boost to my career graph...I want to move into Procurement n Contracts management/SCM for a power sector co. ... I have job offers from a number of companies but the profile offered is more or less similar to my existing one...So I feel I need to build on my resume.....My questions are as follows -
1. Is a MBA necessary to make this switch?
2. Any course other than MBA which will add the required value to my profile?
3. As I am married and have a kid, I am interested in the one year programs. Which program would be the real value for money and time?
4. Will distance education (correspondence) be of any use?
Thank you for your views
You can try for this course:
Management Development Institute
BBA(H) business studies 1st year student confused between cs and mba.
hi i am 1st year student of BBA and i want to do cs(company secretary) along with my bba. also my family is ready to send me abroad for my mba. so i am confused should i do cs or not, as this will be good for my cv and also increase my knowledge. i get lot of free time in my clg so i want to do some other course so dat my knowledge is not limited. i'll complete my graduation in 2013 and then m planning to take 1 yr coaching for CAT and GMAT. will i be able to complete my cs and clear CAT or GMAT? or should i start preparing for CAT from now?? is it a gud combination? will it be helpful in becoming a better manager.. ??? will it give me better job opportunities and packages??
Hi fellow puys
I am currently in last year of my computer engineering currently placed in TCS and was planning to do MBA in finance. But this year I was not able to get admission in institute I was targeting and also many people advised me that it will be more fruitful if i do my MBA after some work-ex which will help me to be more clear about my goals, gain some real time experience to relate to during MBA and most importantly get a better profile during campus placement. I have got admission in SIBM-pune and now have to choose between SIBM and work ex.
The dilemma I am facing due to above circumstance are -
1. After MBA i dont want to work in IT field. Finance is something that intrests me and i want to pursue a career in corporate banking or Investment banking. so will my 1-2 year TCS experience be considered incongrous while going for a career in these field or will it reflect negatively as i am switching between different domain. If not will it add any value to my profile while interviewing for a non-IT job. I will also be preparing for CFA level 1 during the period will it help to push the balance in my favor.
2. If does not add much value will it make sense to spend 1-2 years more in hope of getting some other colleges like xl, jb, mdi, nitie or IIT B. Not targetting for IIM's as i have bad acads and almost nil extra curriculars.
3. what other career option can i look for in which I can leverage my IT experience.
4. Also please share anything that you thing can help me make the decision
sorry for pestering with so many questions but desperately in need of advice
Thank you
Mustafa
Puys, I had posted earlier in this thread regarding my idea of leaving my current software job and working for my family business.
Just to make my thoughts clearer, i want to join the business because i think that my current job is not helping me in any way to nurture my managerial skills. By working in the family business, i could at least learn ground level marketing and may be two months before CAT ,i could just concentrate on my preparations.
My doubt being, would the above situation still be considered as a drop? Would i be grilled in the interviews regarding why i left the job?
Just to make you know,
Cat 2010- 94.xx percentile, Good acads, Completed B.E. last year (2010) and joined the company in august.
Puys, i need to make some urgent decisions . Could you please enlighten me with your thoughts and experiences.
Hi fellow puys
I am currently in last year of my computer engineering currently placed in TCS and was planning to do MBA in finance. But this year I was not able to get admission in institute I was targeting and also many people advised me that it will be more fruitful if i do my MBA after some work-ex which will help me to be more clear about my goals, gain some real time experience to relate to during MBA and most importantly get a better profile during campus placement. I have got admission in SIBM-pune and now have to choose between SIBM and work ex.
The dilemma I am facing due to above circumstance are -
1. After MBA i dont want to work in IT field. Finance is something that intrests me and i want to pursue a career in corporate banking or Investment banking. so will my 1-2 year TCS experience be considered incongrous while going for a career in these field or will it reflect negatively as i am switching between different domain. If not will it add any value to my profile while interviewing for a non-IT job. I will also be preparing for CFA level 1 during the period will it help to push the balance in my favor.
2. If does not add much value will it make sense to spend 1-2 years more in hope of getting some other colleges like xl, jb, mdi, nitie or IIT B. Not targetting for IIM's as i have bad acads and almost nil extra curriculars.
3. what other career option can i look for in which I can leverage my IT experience.
4. Also please share anything that you thing can help me make the decision
sorry for pestering with so many questions but desperately in need of advice
Thank you
Mustafa
Friend,
I also am in a similar position like you. Converted SIBM. Very reputed college, in top 15 of many many rankings. Wonderful campus and seniors. But one piece of info I'd like to give you (since even I wanted finance) is that 45 days after you begin the course you will have to give an exam on the basis of which specializations will be allotted. Only 45 students are allowed to opt for finance. So I have heard of cases where people who want to do finance cannot do it. They end up in HR or Ops etc.
So I decided not top opt for SIBM. But I have nothing but respect for the college.
Good luck with your decision.
Puys, I had posted earlier in this thread regarding my idea of leaving my current software job and working for my family business.
Just to make my thoughts clearer, i want to join the business because i think that my current job is not helping me in any way to nurture my managerial skills. By working in the family business, i could at least learn ground level marketing and may be two months before CAT ,i could just concentrate on my preparations.
My doubt being, would the above situation still be considered as a drop? Would i be grilled in the interviews regarding why i left the job?
Just to make you know,
Cat 2010- 94.xx percentile, Good acads, Completed B.E. last year (2010) and joined the company in august.
Puys, i need to make some urgent decisions . Could you please enlighten me with your thoughts and experiences.
It wouldn't be considered as drop..infact it would be considered as a genuine full time work-ex iff you would produce genuine appointment letter & salary slips during admissions. I hope this helps.
I am a Btech fresher .....i ll be completing my degree in JULY,,,,,,secured 94.2% in CAT this year...I have had a good academic record i.e x, xii ....I want to do MBA in IT so i filled up application form for DTU (Delhi Technological university),and IIIT (Gwalior and Allahabad)...now my question is:
1. Is MBA-IT for a computer engineer, a good option?
2. should i get some work experience before going for a MBA?
3. Are these colleges (Delhi Technological University) ,IIIT (Allahabad and Gwalior ) good for MBA in IT?(I have been looking and asking a lot of students about these colleges but m still not able to get a clear picture).
Hello Friends! 
I'm in dire need of your valuable opinions and sugestions! :)
Plz guide me in the right direction!
my season 2010 scores are as follows:-
CAT - 80%
XAT - 96%
SNAP - 113
I had given CAT with confidence and was confident of a good score, but I don't know how I ended up with such a low score! 
I've converted SIBM-Bangalore.
Should i join it?
How is the college?
Placement wise?
Future prospects, etc?
Or should i give another try at the management exams next year?? I'm currently working in CTS (Cognizant).
Some people are suggesting that with my current profile, even if I get chance in a top 20 B-School next year, my CTC would not dramatically improve over SIBM-Bangalore's average CTC (7.2 Lakh pa) !! At max I can hope for 10~11 Lakhs p.a.....but not more than that! Is it true??
My Profile
-----------------
Class X : 87.8%
Class XII : 86.2%
GPA : 8.6 ( 2010 BTECH passout)
Work EX : 9 months Family Business + 2 months (continuing) COGNIZANT
So friends please pour in your suggestions!
What should I do ? :oops:
Also, some ppl are suggesting to join SIBM-Bangalore this year itself, blaming the unpredictability of CAT,XAT,etc management exams, with no guarantee that my scores will improve next year! Why waste a year?
Moreover, some are stating the SIBM brand rub off effect, with high hopes that the college will certainly improve in the days to come, as its just 3.5 yrs old at the moment.
I'm in a complete dilemma sir!
My heart is wanting to have another go at CAT, but is studying really manageable with IT workload? Or should i join now, and try to improve my chances by working hard in the company I join after my MBA degree?
How much time would I require to bridge the placement gap between say, a SIBM-Bangalore pass-out and a IIM/FMS or a NMIMS passout? Besides the IIMs, do other top private colleges also hold the same Brand Value in the Industry over a period of time?
waiting eagerly for your replies.....
Hello Friends!
my season 2010 scores are as follows:-
CAT - 80%
XAT - 96%
SNAP - 113
I've converted SIBM-Bangalore.
Should i join it?
How is the college?
Placement wise?
Future prospects, etc?
Or should i give another try at the management exams next year?? I'm currently working in CTS (Cognizant).
GPA : 8.6 ( 2010 BTECH passout)
unpredictability of CAT,XAT,etc management exams, with no guarantee that my scores will improve next year! Why waste a year?
high hopes that the college will certainly improve in the days to come, as its just 3.5 yrs old at the moment.
My heart is wanting to have another go at CAT, but is studying really manageable with IT workload? Or should i join now, and try to improve my chances by working hard in the company I join after my MBA degree?
How much time would I require to bridge the placement gap between say, a SIBM-Bangalore pass-out and a IIM/FMS or a NMIMS passout? Besides the IIMs, do other top private colleges also hold the same Brand Value in the Industry over a period of time?
waiting eagerly for your replies.....
HI Varuag,
A note of caution before giving the advice (its free:lookround:)
I am not an expert ,but a fellow aspirant with 3 years work ex in IT...
I will not be discussing whether SIBM-B is good or not , as it is against PG rules ...but to begin with i believe u understand SIBM-P and SIBM-B do not belong to the same league ...
the major points which i can see from ur profile are that u have good acads...time is on ur side as u are just 2010 pass out..:cheerio:
ur scores are competent enough (XAT 96..Toughest paper of the season and toughest paper in the history of XAT,atleast from 2003
)and ur scores in SNAP are also good enough(i think u missed out of SIBM P by a very small margin and SCMHRD may be by sectionals or profile)
considering the above points it appears for me that it would be best if u can give one more serious shot.....
ofcourse it comes with its own risks like if u are not able to perform at the same level as u did now ..and blah blah blah...
this is the question u alone can answer....I scored 92 in CAT in 2009 didn't apply any where ...and this year scored a pathetic 82:drinking:....(ofcourse i have couple other call through XAT
)Studying while in IT job: there are many puys who had done it earlier..and many who are doing ..so i dont find any reason why u cant ...(ofcousre it involves lot of self motivation......)
having said all these ..the final decission is with u..and in the decission process ..what i hve highlighted plays a very imp role
listen to urself....if u feel like going for it.....GO
But years down the life..u should never regret IF ONLY I TRIED ONCE AGAIN
All the best
@ Puys plz help me out....
I have nearly 2 years of work ex in Finance and Accounts. What dilemma I am facing is whether to go for Full Time MBA or go
for executive programs from Tier I Institutes?
Basically I have calls from BIMTECH, IBS - HYD, IFMR and
University of Calcutta (MBA in Finance) and have applied
to an executive program of a Tier I institute.
My question to you guys is which one should I opt?
Considering that executive program would not be a degree and an MBA from these insti will be a degree but I may have to start from initial positions only.
I am a bit tensed and not able to take any decision.
Please help puys....
HI Varuag,
A note of caution before giving the advice (its free:lookround:)
I am not an expert ,but a fellow aspirant with 3 years work ex in IT...
I will not be discussing whether SIBM-B is good or not , as it is against PG rules ...but to begin with i believe u understand SIBM-P and SIBM-B do not belong to the same league ...
the major points which i can see from ur profile are that u have good acads...time is on ur side as u are just 2010 pass out..:cheerio:
ur scores are competent enough (XAT 96..Toughest paper of the season and toughest paper in the history of XAT,atleast from 2003)
and ur scores in SNAP are also good enough(i think u missed out of SIBM P by a very small margin and SCMHRD may be by sectionals or profile)
considering the above points it appears for me that it would be best if u can give one more serious shot.....
ofcourse it comes with its own risks like if u are not able to perform at the same level as u did now ..and blah blah blah...
this is the question u alone can answer....I scored 92 in CAT in 2009 didn't apply any where ...and this year scored a pathetic 82:drinking:....(ofcourse i have couple other call through XAT
Studying while in IT job: there are many puys who had done it earlier..and many who are doing ..so i dont find any reason why u cant ...(ofcousre it involves lot of self motivation......)
having said all these ..the final decission is with u..and in the decission process ..what i hve highlighted plays a very imp role
listen to urself....if u feel like going for it.....GO
But years down the life..u should never regret IF ONLY I TRIED ONCE AGAIN
All the best
Thank You so much for that warm & prompt response! :cheerio:
The things you pointed out are also the main points which are tempting me to have a crack @ CAT again next year!
missed XLRI Quant cutoffs by a hairline and SCMHRD was my life's 1st GD/PI, so i think i got nervous or something...:lookround:
Nevermind.....all that......
God only knows what happened to CAT.
in my final year of Engg, i gave CAT casually and scored ~94%, where as this year it plummeted to a measly 80%! :drinking:
The only thing which is bothering me is the unpredictability of Mgmt exams....
specially the Randomisation done by PROMETRIC!
Thank you again brother for helping this poor, confused soul :w00t:
I was leaning towards my heart's decision, ur post definitely provided the necessary push!
Wish you all the best for ur XAT endeavours!
May U scoot to success!
Hello Friends!
XAT - 96%
SNAP - 113
I've converted SIBM-Bangalore.
Should i join it?
How is the college?
Placement wise?
Future prospects, etc?
Or should i give another try at the management exams next year?? I'm currently working in CTS (Cognizant).
My Profile
-----------------
Class X : 87.8%
Class XII : 86.2%
GPA : 8.6 ( 2010 BTECH passout)
Work EX : 9 months Family Business + 2 months (continuing) COGNIZANT
So friends please pour in your suggestions!
What should I do ? :oops:
My heart is wanting to have another go at CAT, but is studying really manageable with IT workload? Or should i join now, and try to improve my chances by working hard in the company I join after my MBA degree?
How much time would I require to bridge the placement gap between say, a SIBM-Bangalore pass-out and a IIM/FMS or a NMIMS passout? Besides the IIMs, do other top private colleges also hold the same Brand Value in the Industry over a period of time?
waiting eagerly for your replies.....
Brilliant reply by Anchun
My 2 cents in the free advice session:lookround:
Answers:
- No
- Not great
- Blah
- Yada yada
- You should definitely give a try
- It is manageable.....I had lots of classmates at XL who made it doing the same :drinking:
- Unless you are extraonrdinary...and were at the wrong place and time for MBA.....it might not be bridgeable(my way of saying a hell lot of time)
- Some colleges do
Footer: DON'T you dare have to regret later if you accept it now
Cheers:drinking:
@ Puys plz help me out....
I have nearly 2 years of work ex in Finance and Accounts. What dilemma I am facing is whether to go for Full Time MBA or go
for executive programs from Tier I Institutes?
Basically I have calls from BIMTECH, IBS - HYD, IFMR and
University of Calcutta (MBA in Finance) and have applied
to an executive program of a Tier I institute.
My question to you guys is which one should I opt?
Considering that executive program would not be a degree and an MBA from these insti will be a degree but I may have to start from initial positions only.
I am a bit tensed and not able to take any decision.
Please help puys....
Views Puys....
Brilliant reply by Anchun
My 2 cents in the free advice session:lookround:
Answers:
- No
- Not great
- Blah
- Yada yada
- You should definitely give a try
- It is manageable.....I had lots of classmates at XL who made it doing the same :drinking:
- Unless you are extraonrdinary...and were at the wrong place and time for MBA.....it might not be bridgeable(my way of saying a hell lot of time)
- Some colleges do
Footer: DON'T you dare have to regret later if you accept it now
Cheers:drinking:
Thanks Soumya!
feels nice to meet a fellow bengali out here!
I was also thinking on the same lines......the greatest fear of all....the damned, all consuming "regret"!
It may chase me forever if i take up this opportunity......
On the other hand, many people, are quoting the adage:
"One in Hand is better than two in the bush"
What if I fail miserably next year??
What if I'm unable to make it even to SIBM-B next year?
what if...............................................
Arghhhh...........................:banghead:
Thanks Soumya!
feels nice to meet a fellow bengali out here!
I was also thinking on the same lines......the greatest fear of all....the damned, all consuming "regret"!
It may chase me forever if i take up this opportunity......
On the other hand, many people, are quoting the adage:
"One in Hand is better than two in the bush"
What if I fail miserably next year??
What if I'm unable to make it even to SIBM-B next year?
what if...............................................
Arghhhh...........................:banghead:
Some places are better left alone
Some places are worth to strive for
Decide ....for its the first step towards being a manager
Respected,
I am in a dilemma. Someone on PG suggested me to contact you for guidance. I have converted call for Great Lakes, chennai. They are demanding full fee before 5th April as their classes commence on 18th April. I have already paid 4L rupees to them considering it is refundable. They say no refund after commencement of classes as per AICTE rules. But my concern is, results for many other colleges have not come out by that time. In fact, my XLRI interview itself is on 6th April. I have calls from MDI, IMT, XLRI & I have 3.5 years of work ex.
I am in a dilemma as what should I do. If I join GLIM, then i will have to forget prestigious colleges like MDI, XLRI. And if I opt out of GLIM, even then there is no gurantee that I will get through MDI, XLRI.
Kindly guide me as what should I do?
This infact is a very dicey situation.......seems to be a deadlock sort of thing...
but here's my view point :
CAUTION:i am not a career counsellor, infact ur junior with 3 years work ex and my opinions are mostly inline with my personal goals and aspirations
some points to consider:
(1)Since i can see u got calls from MDI and XLRI , most probably u should have got calls from other institutes below these colleges(XIMB,GIM,TAPMI,IMT etc...)ofcourse only if u had applied......
(2)other point to consider here is that u have already paid a fees of 4 lakhs ...(i think u would be deducted 50000 if u with draw eve now...not sure of refund policy of GLIM)...so money is already locked out there
(3)ur current work ex(i am taking it till march 2011) is 3.5 ,so in the worst case if u leave GLIM ,,and god forbid ..if u do not convert other colleges...u would be having 4.5 years by next year and 2 year MBA courses interview panels might see ur IT work ex as a disadvantage and suggest to go for a executive MBA
(4) u have not mentioned abt XL calls...whether it is BM or PMIR
I believe u are done with ur MDI interview..so u must be having a gut feeling abt the outcome based on the interview exp(of course some times feel good interviews might go wrong)
But incase point 1 is true..(if u had calls from other institutes) and if u can forgo 50000 ..i feel thats its worth the risk taking...
But ofcourse u have to consider point 4...that whether the course for which u got the call is what u want to do or not......
so to summarise :
What happens if u take the seat:
u would do MBA from one of the good institutes...ofcourse batch strength is 300...u will be getting good profiles but then u have to compete with 299 other experienced candidates..
fees is one consideraion ..it wuld be 13-14 lakhs(not sure of exact fig)but u will start earning from 1 year from now
In case if u convert XL or MDI....u would be regretting for that u cannot forgo such a huge amount....and definetely the placements at XL would be better than GLIM (not considering the colleges,but XL with its presence in 60 decades will definetely have better placements:lookround:)
having confused u with all the lengthy discussion....if i am in place ,.i would bite the bullet and take the risk....(provided i have done decent enough in MDI and i would withdrw from GLIM after seeing my XL interview also)
best case: A seat in XL or MDI
worst case:a seat in XIMB or GIM(considred u applied to them) or next year......which would also give u an option to apply for courses like XL-GMP etc.....
All the best...choice is urs:cheerio: