What's attracting me towards an MBA: 1. ...An MBA would provide me an opportunity to stay in a city and the subsequent job would help me to make some foreign tours . 2.It would be next to impossible for me to visit the Americas and the Europes, if i stay in our family business.
Hi Ajay,
These 2 options should've been possible even with your software job. Not sure why you quit it prematurely.
The reasons for which I should not be doing an MBA are many: 1...Even an IIM A topper won't be able to make as much money as I could do, if I were to stay here at home
This directly conflicts with your rationale for spending time on CAT/XAT/SNAP etc. If an IIM job can't give you what you want (money, foreign travel etc) then why are you pushing in that direction with the other schools?
2. If you ask me now, what kind of profile would you prefer, I won't be able to give a specific answer. The point is, I am not sure whether I would like my job post MBA.
This is the big one that signals that you aren't ready for an international MBA yet. And I guess part of it stems from the fact that you haven't spend enough time in the working world (about a year?) to know about what you really want to do, work-wise.
In short, its Lifestyle vs work -not sure which one I should prefer.
You could do both. See if the next point is an option.
My family has always been supportive and they are fine even if I go foreign for doing MBA. I can't do both the things i.e. join our family business after the MBA. If I spend some 50 lakhs for an MBA, I would have to recover them back on my own after doing a job.
It's good that you have a supportive family. I'd say, it's too early for you to spend so much money on an overseas MBA program. One option is to continue in the family business. use a fraction of that 50L sum to pay for vacations in the US and Europe. Experience life out there, without the stress of a job. After the initial glamour wears off, you might realise that life overseas isn't all that it's made out to be.
Come back to India, make your family business grow...and make enough money to keep travelling across the world for pleasure and business. I'm sure your family will be supportive 2-3 years later as well, if you want to take a sabbatical and go for an academic break with clearer objectives and a solid career plan.
Decided to break the silence today....:)have been hovering here and there for quite sometime now...:)
I am an engg. graduate from a pvt. engg. college...My acads. are average..10th-82, 12th-86.4, grad-69.66..ECA also avg.(read school and college level activities)....Currently I am working in the banking sector (PSU)..Still on the lower side of experience...Though MBA has always featured in my after some wrk-exp plans,I am finding it difficult to decide on the specialisation...Technicalities of trade do not interest me....:( I am more of a communication person...Is there some program in which I can use this strength of mine??And due to financial constraints I want to focus on good schools in India and SE asia only...Want your valuable insights in this matter.... Thanks in advance.....:)
I am a CA 2009 passout having a post qualification experience of more than 23 months with two big4 audit firms (to be split as first 18 months in one and next 5 months in another). I had to quit the firm in novemeber to give my CFA level 1 exams in december. I have not looked for a job since then. I have successfully cleared Level1 of CFA and I am also hoping to clear CFA level2 this june. My plans are to top it off with an MBA in finance. My career plans are to land in a job that is into core finance/banking divisions and not to restrict myself to Accounts or auditing fields. Five years down the line I want to know all in all of finance and be an expert in the field someday. I want to do MBA for the purpose networking and getting into the right job. I am planning to give CAT/ GMAt after my CFA Level 2 exams in June and get into a top level bschool. Preps for CAT/GMAT to be started post June. Questions: a. What are your thoughts considering my plan of study and career growth. Am I right to think that MBA is needed beyond CA and CFA to achieve what I have in mind? b. Does it make sense for me to reject the job interview calls that I get now (which are mostly in accounts/audit field) for the purpose of preparations? Or u recommmend working further though my family doesnt depend on my income. c. Would you be able to help me with any list of domestic or foreign bschools that would look more attractive with my current qualifications
I am a Newbie @pagalguy and a newbie MBA aspirant as well.
My Profile :: IT-Female-5.5 Yrs Exp-Decent Grads-No much extracuriculars
I am working as a technical consulant/lead for quite some time and looking for a MBA for the obvious reasons of going above the technical stuff and my interest in business analysis and blah blah.. I am basically looking for a PhorenMBA. I am planning to write GMAT in july 2012.
My queries are::- 1. Will I be able to apply for R1 2012 (for class starting 2013) if I take GMAt in Jul(9 JUL is my test date ).
I have quite a lot of queries like what all colleges,country,etc etc but, I think no point asking those till get my gMAt score.
Thanks to the whole PG team for building a super-strong platform for MBA aspirants and to all the enthusiastic Puys for helping it stay right up there in the numero uno position year-after-year-after...
1] Although in pre-sales team, I am more towards technical side but would like to work on giving POC responses and presentations : how do you perceive my work exp as a factor in submitting the essays for B-schools?
If you've been in the role for 3 years, and you travel, and you meet senior management...I'm wondering what you really do that makes your profile more technical and less marketing/sales. Some more clarity needed, saar.
As I am planing to apply in R1 for most schools, can you suggest what areas I need to focus on before submitting my applications.
You've got only a few months to get the GMAT out of the way, shortlist schools and work on the apps. This also means, unless it is already in the pipeline, you can really 'plan' too many things that'll take your career on a vertical path.
So the only advice at this stage is - do what you are doing, and do it better than the others.
i have a different query....i want to know about scope in Export-Import business...i have done my BBA international business and planning to join MBA IB this year...i need an insight into career prospects of this sector...plz help
Decided to break the silence today....:)have been hovering here and there for quite sometime now...:)
Yes, always good to give those vocal chords some exercise once in a while :-)
Though MBA has always featured in my after some wrk-exp plans,I am finding it difficult to decide on the specialisation...
Don't worry about it. If you are planning to apply to international MBA programs, you'll have ample of time to think about it.
Also, these programs tend to be quite flexible. Many guys develop an interest in new topics and the course electives are good way to add the flavour you want.
Technicalities of trade do not interest me....:( I am more of a communication person...Is there some program in which I can use this strength of mine??
All the good programs will need you to polish the communications skills. With case studies, your communication skills will actually be graded.
And due to financial constraints I want to focus on good schools in India and SE asia only...Want your valuable insights in this matter...
If you think you'd face financial constraints, you can still look at US programs that are generous with scholarships.
My Profile :: IT-(TCS) 2 yr wrk ex CAT score - 92.26 converts : TAPMI , calls: - IMT(waiting for reslts), IMI(GD/PI).
My queries are::- 1) do you think i should study 1 more year ,get a better CAT score and try to get into a TOP 10 B school or it does not make much difference in long term?
I am a CA 2009 passout having a post qualification experience of more than 23 months with two big4 audit firms...
Hi Snowdrop,
I'm going to be just a little strict here because I feel a reality check is needed here. Please take it in the right spirit. Evaluate it objectively and see how much of it makes sense. Discard the rest.
I had to quit the firm in novemeber to give my CFA level 1 exams in december. I have not looked for a job since then.
Why haven't you looked for a job?
a. What are your thoughts considering my plan of study and career growth. Am I right to think that MBA is needed beyond CA and CFA to achieve what I have in mind?
I think it wasn't the best idea to leave a good job to do what you are doing. The whole point of the CFA certification is that it's meant for professionals who can pursue it while working.
From an external perspective, it can raise many questions - the key ones being: - Are you biting off more than you can chew? - What exactly do you have in mind when it comes to your career?
Your goal of learning everything and becoming an expert before you take the corporate world by storm is impractical. Expertise gets built over time and most of it comes on the job. If you try to learn everything, you are aiming to be a generalist, not an expert. So there's a contradiction in there.
b. Does it make sense for me to reject the job interview calls that I get now (which are mostly in accounts/audit field) for the purpose of preparations? Or u recommmend working further though my family doesnt depend on my income.
Don't keep postponing the job related initiatives. Irrespective of the role, a real job can teach you more than online content and certifications.
It's not so much about the income, but more about the skills that you can pick up.
c. Would you be able to help me with any list of domestic or foreign bschools that would look more attractive with my current qualifications
There is nothing concrete to work on at this stage (no GMAT, no post-MBA goal, not a strong Why-MBA rationale). You'll have to get your act together first because you are looking at Sept 2013 before an MBA program starts. And you can't NOT have a job for so long.
So, focus first on getting the train back on the tracks and take a call in a few months.
Pros : Nominal fee- Probably less that 2 lacs for the entire course(Hostel Included). People with eork ex can expect to walk out with a package of 6-7 lacs. So the ROI is good.
Cons : Not a very well known college when MBA is concerned.
Not sure whether i will take it up. I didn't really prepare for CAT. This selection was almost a cake-walk. Now i am thinking if it was so easy, it's not worth pursuing.
My Profile :: IT-Female-5.5 Yrs Exp-Decent Grads-No much extracuriculars : 1. Will I be able to apply for R1 2012 (for class starting 2013) if I take GMAt in Jul(9 JUL is my test date ).
After you get your GMAT score, you'll have about 2 months to work on the applications. It can become a little tight if you have many schools on the list.
A better option would be to start preparing for the applications in parallel. There are many things you can do to create a base for the post-GMAT activities. Like getting your post MBA goals sorted out (the reasons you've shared here won't fly in the essays).
I have quite a lot of queries like what all colleges,country,etc etc but, I think no point asking those till get my gMAt score.
No, you still can work on those. For example, the country that you want to move to has nothing to do with the GMAT. Ditto for what industry/role you want to target.
Also, start thinking about the main essay questions that most schools have in their applications.
...i want to know about scope in Export-Import business...i have done my BBA international business and planning to join MBA IB this year...i need an insight into career prospects of this sector...
Off-topic query, buddy. You could post this on the careers section
My queries are::- 1) do you think i should study 1 more year ,get a better CAT score and try to get into a TOP 10 B school or it does not make much difference in long term?
A strong MBA brand does make a difference in the long term as well.
But with 3 yrs work-ex, you might have just missed the bus for the Indian MBA programs. But the GMAT based options are all open.
2) is doing MBA from abroad a financial burden?
Yes, the costs involved are high and for Indians earning in rupees, it can be tough to fund it. So you need to be sure what you want from the process, what the risks are and if/how you'd be in a position to manage them.
I have arnd 3 years of wrk experience rite nw..I am a 2012 fall aspirant..Have given Gmat and scored a 720(q49,v40)...Have decent extracurriculars..have organized a sports fest in my college...member of a band during my college days..member of my college futball team...although I still play futball from my company side..:)..Community work is also good.For the last 3/4 years I am attached to a NGO..10th ,12th if it all matters are 90+..for grad acads i have a 7.6 gpa...i am aiming for colleges..ISB,Stern,Ross,Anderson,Tepper,Emory..and to be on the safer side HEC,and Rotman...had some UK universities on my mind but because of the latest visa rules i have backed off frm them Is this list achievable ???
Sir, My condition is pathetic.. have 89.99%ile in CAT without coaching and only by self study..have applied for only 2 colleges, IMT and TAPMI...have converted IMT Nagpur and waitlisted for TAPMI.. I have 89% in 10th , 87% in 12th and 62% in BTech (2010 pass out), which is from a Govt Institute in Kerala.. I'm very much interested to join MBA in one of the best BSchools , mainly IIMs.. But the thing is that, I had left my job and currently I don have any job..I would like to do a job and continue studies along with this, so as to improve my cat score much more..Is this a good decision ?? and Will I be screwed in next yr's PI's if I get good cat score ?? my work experience was just around one year in Electrical Engineering section.. Also, can U pls tel me what job should i go for, if I need to prepare for next yr ?? is bpo a good option ??since its easy to get job in it, thatsy i asked so ... PLS reply to all my queries SIR ...
Hi sameer, I want to know about your views of Said Business Schools's MBA program. Goal: To be part of an investment bank in sales and trading. Profile: 3 yrs work ex in derivative trading.
I had taken GMAT casually and scored 670, with AWA of 5.5. However, I made it to IMT Ghaziabad Flagship PGDM. I got overwhelmed with unexpected success and quit my job. Now I am having second thoughts. Am I under selling myself ? I intend to take GMAT again with a target of 720+.
Btw, I already have 2.5 years of work ex in big telecom firms like Nokia and Ericsson, and I realize that I am at the dusk of acceptable amount of work ex in indian MBA program.
Please tell me, assuming that I do get the desired GMAT score, should I not join IMT and aim higher ? I do not have any academic achievement, but loads of non academic ones ;) I did bag some international internships that I did not pursue post engineering, and chose to work in Bihar instead, managing the rural GSM network. Can this be counted as an example of my interest in improving the rural aspect of our country ?
It doesnt matter but still : 91% in 10th and 75% in 12th. 1390 in SAT and got through Penn State/Virginia Tech. Could not afford to go. Can I use these stuff in application essay ? I am into music and sports but no significant achievements except, er. may be Visharad in Tabla.
55% aggregate in University of Pune has stigmatized me permanently. 64% in Final Year is what Pune considers as engineering score, but I am not sure if I could claim to have 64%.
Last but not the least, with an MBA degree from ESB Reutlingen, would I be treated as the PGDM pass outs in Indian context ?
blah blah.. 
. I am planning to write GMAT in july 2012. 
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