Hi, I am Pravin. I have given un-succeeded attempt for Indian top b-school. Now I have given GMAT(690/4.5). My details are as follow :
Pravin,
Your 690 wouldn't be too far from the avg GMAT for some of the good schools in the UK. But more than your undergrad marks, the bigger constraint there would be your work-ex. The typical candidate for an Oxbridge for instance is close to 30 yrs of age with substantial experinece.
You might wanna consider US schools that are longer in duration and your 2.5 yrs (which will be 3.5 by the time you start classes) will not be a huge hurdle.
Thanks Sameer! I appreciate your response to my query.
Could you please elaborate on VC and I-banking? How they are opposite fields?
To put it in a short manner, VC is more art than science as you are dealing with early stage companies where the growth trajectory is very uncertain.
The finance component in VC roles is miniscule, though you do need to understand how Term Sheets are prepared, how various rounds of funding need to be structured etc. However your ability to look into a (ummm) Crystal Ball and predict how a certain technology or product may pan out is paramount.
Mainstream I-banking on the other hand is more about tackling businesses that are higher up in the growth curve. Their needs and challenges are very different. If you are getting into M&A; for instance, you'll be doing a whole lot of number crunching, financial, tax and legal stuff. There's a lot grunge work, but the level of uncertainty is far less compared to VC.
Of course, the differences go way beyond the complexity of financial knowledge required and we'll possibly discuss it over coffee when you have time :-)
For now, check out this excellent thread on I-banking.
Hii I am preparing to write GMAT this July, I will have 4 yrs work ex by October.
My Acads, Age: 27 yrs 10th - 79.8% 12th - 79.2% B.Tech (Mechanical engg). - 69.2% 1 year work ex in Mining and Metal sector. Subsequently 3 yrs work ex in Manufacturing( Steel Plant) in Operations and ERP Implementation in the reputed Public Sector Company.
Extra Curriculars : Decent. Student Council member and Organised events in the college.
How much GMAT score should I target for getting into Top 20 B-schools in US/Canada/Europe.
I'm an Engg. Graduate,done in Computer Science stream in July,2010 from a reputed Institute of Indore affiliated thru R.G.P.V,BHOPAL(M.P) Seriously and desperately want to make my career in Management,keeping priority as Operations,Logistics,Supply Chain even also want to have option as Finance and Human Resource,but one thing comes in mind that whether I am suitable for Operations n supply chain or not as this course is recommended only for Production N Mechanical Engineers,please concern,Thank You......:
I'm an Engg. Graduate,done in Computer Science stream in July,2010 from a reputed Institute of Indore affiliated thru R.G.P.V,BHOPAL(M.P) Seriously and desperately want to make my career in Management,keeping priority as Operations,Logistics,Supply Chain even also want to have option as Finance and Human Resource,but one thing comes in mind that whether I am suitable for Operations n supply chain or not as this course is recommended only for Production N Mechanical Engineers,please concern,Thank You......:
first,i want sugest to every one some basic thinks of accent.accent is very important to studding in abroads. Neutral English Accent :
Ouch!
MrNiceChennai: Thankings for ur kind spamming, saar. Pls kan u olso sugest & ex-plane sum mor basic thinks of Correct English Grammar. Peepals have tolded me dat it is equals to the same levels as in the impotence to Accent.
Hi Martian/Psycho and others, Thanks for the excellent efforts you ppl are putting in and thanks for this excellent thread!!! I am planning for a 1yr MBA from a top Indian School (2012-13) and I have some queries on that. Hope you can help. But before that let me tell you something about myself:
Age: 30yrs (by 31 Mar 2012) Eucation: B.Tech Work Ex: 7yrs 8months (by 31 Mar 2012)
Present:- Industry: Major Indian Auto Manufacturer Profile: R&D; - Product Design & Development, Project Coordination Key Activities - Work in close coordination with Suppliers, International Counterparts and related departments to achieve targets and enhance skill of team and suppliers. I have a star-perfomer growth record in my organisation and have been promoted twice in last 3.5 yrs of tenure. I also have been awarded a car for my good performance. I have 6 months of international exposure The projects I have undertaken are unprecedented and have significant contribution towards my organizations goals.
Previous Roles: Previously I have worked with Tier I and Tier II Auto Industries working in different areas like Product Manufacturing an Engineering Services
My worry is that I do not have evidences on paper of most of my achievements eg 1. Early promotions - I have the promotion letters and grade sheets but nowhere it is mentioned that it is fast track/Star performance (or something special). 2. The car awarded to me is in my organization's name and the loan paid by the organization reflects in my salary slip but nowhere it is written that it is awarded to me based on my performance. 3. Most of the projects I am working on are confidential and will be implemented in future. I cannot reveal a great deal about it in my SOPs or interview. Moreover my organization offered to sponsor a 1yr MBA program from a reputed Insti (not IIM's or ISB) which I rejected this year as I was aspiring for IIMA or B. However again there is no evidence for the offer. All such informations are floated in my organisation thru 'based-on-your-perfomance-you-have-been-nominated-for "MBA program" or "Employee Vehicle" or "Star Promotion" etc' e-mails, which I truly believe is a sinister ploy by my HR to curb the MBA dreams of its employees.
Pls advice how to go about it. I am planning to apply specifically to IIMA&B.; I am researching on IIMC also. I'll be applying to ISB also but not very inclined on joining it.
I want to go for a MBA (my dream course being the Value Investing Prog offered by Columbia Business School, huge fan of Fisher, Graham, Buffet)
Hi Neeraj, If value investing is your main draw, it might be cheaper to pick up Graham Gurudev's 'The Intelligent Investor'. You'll get the book for a few hundred bucks and you also get to invest the saved $150K and make a lot of money much faster ;-)
some queries- -- if being a commerce graduate will be of any deterrent? -- no substantial work ex, as in no big companies to name or international exposure. (as yet) -- what will be a good time to go for MBA. --lastly, what can I do to enhance my candidacy/profile.
Will answer in the same order:
-- Your undergrad degree will not be a deterrent.
-- The work experience could be a stumbling block if you aren't able to convincingly portray the professional maturity needed for the top programs.
-- Maybe in a year's time, after you've gained some more leadership, business exposure.
Hiii this is Nishant here.....I took the GMAt yesterday and scored a 750.....
Would like to know among which schools among the top 20 would I be in with a decent chance......my details are as below....
BE from Jadavpur University Kolkata......CGPA: 8.5...... Class XII: 92 Class X: 95 Got placed in Pricewaterhouse Coopers.....will work for about 3 years before going for an MBA..... Extra-currics: Quite a few in school.....sports n all.....nothing in college....currently a volunteer in an NGO (CRY).....
Also would like to know whether I should consult a consultant during the application process.....if yes then can you suggest some good consultants based in Kolkata???
Stumbled upon this link by chance ๐ Was just doing some research regarding my career options after an MBA (from one of the top 10 in india). Basically wanted to know about IT consulting
I'm a BTech (from an NIT) with 2 yrs work-ex in the IT industry and currently going for an MBA and would like to gain some insight into the IT consulting profiles, viz. job responsibilities, salaries, career-growth oppurtunities etc.
I have been now reseraching about MBA GMAT and application process, for sometime now.Have not yet taken GMAT but planning by August. I have at present work experience of 4.10 years in IT (SAP Business Intelligence), did have the oppertunity to have few international assignments in Europe and US.I have a B.tech in IT. Now a bit of my story , dilemma etc... I would say I was fortunate to have got trained in SAP BI and working in that technology continously.. Why I am saying fortunate.. is from the perspective with which others(not generalising) in IT view SAP and then SAP BI.. I see a lot of people migrating to SAP from other technologies.. and normally view it as a career which has its perks in salary and also onsite...Moreover Business inetlligence according to Gartner and research is what will drive business, help is startegies and icreasing customer base and market share.. with BI Analytics being the next gold rush..or so I read today in a book..All this sounds very good in books and PPT's and blogs, but the problem here in India with IT companies... is most of the work is support and maintenance stuff.. lucky if you really get to implement an application(which fortunately I did recently).now in such cases.. you really do quality work interact with client, gather requirements, and design and develop..I was very recently in US and was amazed to see a lot of Indians do this kind of thrilling work, some contractors , and the confidence, work culture they have.. is amazing ..Here in India a lot of guys even with top class MBA's from India.. are landing up in IT orgs.. doing same old maintenance or preparing extra complex excel sheets of some sort to figure resourcing...for a project(Please note this not to offend any one, my opinions are based on my experience and not targeted to any person/group/company.) Now all that I have said .. leads to my doubts..
1.If I would like to stay in IT consulting.. would a MIS degree from US help?If it helps is it feasible to do MIS after having considerable work ex?I am keen on doing MBA but why I also recently checked MIS is becoz of the MBA cost, and also becoz Analytics and BI career seems bright.Also is MIS equivalent to MBA as MIS is said to be a compounding of business and technology.Any idea on the roles MIS grads get and in which companies?
2. Post MBA I would like to stay in the technology sector, I figured that is the only post MBA goal which relates to my past career, as it is the IT pool is a cursed lot.I dont want to get into Finance, neither pure Marketing which I read is difficult to foray into for Internationals.What kind of work MBA grads do say in a company like Google or Facebook?Does MBA really help in Hi-tech, or techies are more preferred?Recently read about Marketing technologists which sounded interesting.
3. MBA abroad is quite expensive , I am from a middle class family doing a job supporting my parents, and have saved whatever I could from last 4 years, but taking a loan of 50-60 lakhs and then searching for a job with US visas becoming stricter to get(recently my H1 petition was rejected), is it worth applying to US top 20? Was keen on Kelley, Mccombs and UCLA but the cost and the fact that they dont provide no cosigner loans is making me think, is it worth?What about applying to schools a little lower in ranks or state colleges where fees are low, Will it be hard to find a job passing from those colleges?I read about Nort Carolina State.. tution fees are 26000$ although it is ranked I guess i the 70's in US NEWS, Business week ranks it as a top 10 innovative program, and since it is in RTP area it is close to many tech comps?How will a career be from NCSU?Again UK visa rules have changed, Europe the element of language.. so really confused..IS there any good school where I can complete my degree withinn 25 - 30 lakhs ? 4.How good is Msc in management? Was researching UCD in Ireland, any idea about MSc programs?I am considering it again becoz of cost.
Please help, provide your insights. i know I have written a long post, and may be a lot of content and questions may be not logical, but I have had these thoughts come to my mind eversince I started my MBA reserach.
i didnt appear in imt nd ibs hyd nd rest were not converted
i am 28 now, my placement offer no more valid and with this profile my future now seems to be dubious, i am scared now with growing family pressure from all sides
shud i opt appearing in cat/mba xams again- this yr i missed out on filling forms/GD of some other coll lyk-nirma,LIBA,FORE, KJSOM,NMAT, IBS, IMI, IMT, but i am sceptical bout my chances in these coll also
will my age affect my placement prospects in mba colleges?
'Known'? ๐ So are you still practising your 'yeop chagi' and your 'bandal chagi' kicks?
Haven't taken GMAT yet , I am assuming a safe bet would be 660. WHich colleges can i look forward to?
Need to know much more about your goals, your motivations, your interests to get specific. Right now, all I can say is 'Top-50' which I know can mean anything and may not help you much.
When's the GMAT date? If you can do a little better than 660, then quite a few options open up.
1 year with Ernst and Young Joined as Audit Associate, promoted to Advanced Audit Associate within six months 6 Months as a fashion merchandiser 2 years with State Bank of India as Probationary Officer (Assistant Manager)
Auditor + Fashion merchandiser (not sure if this means you had your own shop or you worked in a company in a marketing role?) + Bank Officer
Quite a bit of transition going out there, buddy. Before coming to the GMAT, you'll need to address this part.
Post MBA kya pilaan hai, miyaan? Is it going to be an extension of one of these pre-MBA roles?
does changing your line of work affect your chances of getting a good b school.
i have been working in the offshore investment banking line for 18 months after graduation and now i have received an offer from a very good management consulting firm involved in sales and marketing consultancy.
i feel both these lines have something to teach me for my mba curriculum. i plan to do mba 1.5 to 2 yrs from now. should i go for the switch or stay in my existing line of work.
Hi Smaaer : Will you be able to take up following few queries please? 1). Given that I don't have any parctial exposure to finance in term of work ex, how realistic is a strategy to apply in finance major school??? 2). Having gone through your 1st post, I can sense some similarities. Based on you experience, can you please share ways to maximize the chances to get admit? How can I ensure that I get the best shot with Adcom? 3) Are there any changes that you want to make in the list of schools?
Love it when somebody creates an ID on PG just to ask a question on this thread. Jiyo, sirji :-)
1. No finance background: No issues. They aren't looking for experts in the field, you can learn finance skills during your MBA.
2. Maximising your chances: Tthere has to be some factor that your post-MBA recruiters find appealing about your profile. So think of ways to leverage and position your existing skils and capabilities. Coz that's an area where you've already demonstrated your credibility. So less of an uncertainty. With your IIT background, you should be able to pick up the technicalities quickly.
3. Choice of schools: If UK and finance are your primary choices, don't stick only to finance specific schools. Throw in Manchester and Cranfield (I'm hesitating to add Cass). Get yourself close to London. And then network like your backside was on fire.
I'm probably oversimplifying it here. But conceptually, at Cambridge that was pretty much my strategy, and luckily it worked.
Just a brief intro Im a 24 yr old Indian professional working in the R&D; division at a fortune 500 firm. I have scored 710 in my gmat (verbal 92% quant 75%)
I was looking at colleges in germany, netherlands and the US and want to pursue a career in technology management and innovation.
I have secured a business level certification in German.
I needed some advice as far as selecting my colleges and essays for a gud application this year. Any insight on this would be helpful.
I worry that not having any international work experience might be a setback because most of the colleges i see have a essay on 'an experience with a new culture' or 'some experience on a trip abroad' if you have experience in handling such cases feel free to let me know wat you think
I am open to taking advice from a consultancy but i somehow need to know that i would be well advised
I am basically an average student in terms of grades (7.3 CGPA) though I believe myself to be really intelligent :P
Don't we all feel the same? Which is why an MBA (Mediocre But Arrogant) degree works just right for our egos! ;-)
On another note my dad is based out of Dubai...
This just sent a shiver down my spine...
and he runs a good business in the food industry
...and this just brought my breathing rate back to normal.
I realise that at some point in my career I may have to take over his business.
With all this background, I would like advice on what all I need to do to get on track. Specifically, what all do I need to do to build my resume as this probably is the best time. I have been told that to get into top programs I really to show growth within the company and activities such as social work are highly regarded by some programs.
Ok, timepass over (hey, it's a sunday morning). Let's get down to business.
I'm not sure I understand the timeline and the roadmap you have in mind. You are in IT, and you want to use your MBA to move into IT consulting. But your real goal is to run your dad's food empire.
Wouldn't it be better if you start getting your hands dirty now itself, so you have experience that's directly relevant to your long term goals? Why do you want to take such a convoluted route?