International educational options beyond the MBA

Hi Puys,

I am planning to apply to Msc Management in UK varsitites such as Strathclyde and lancaster. I am really curious to know how good they are (though i know that their MBA is really good, but what about Msc in Management)and also want to know about the placements after completing the course. Is it worth spending that much (Rs 17-18 Lakh) and go there for this course.
My profile:
B.Tech- 72.16%
10th - 79%
12- 78%
Kindly advice. thanks in advance.


Same advice as previous poster. You're treating doing a Masters as an objective, which is a wrong and stunted approach lacking in any foresight.

What are your career goals? Articulate those and you will get specific advice, about the choice of schools &/or the schools themselves

- What do you want to do (function)?
- What industry / type of company would you like to work in?
- Where (geography) would you like to work after the masters?

Think these over, and post again.

All the best

Hi there sir,

I am right now working with Steel Authority of India Ltd. as a junior manager for the last 3 years. I am planning to write Gmat in june end.

My profile is as follows:

10th: 80%
12th :60%

Btech : Electrical Engg. frm JSS ATE NOIDA( A Private institution of UP Technical University) securing 70% aggregate.

Passed out in 2007 and straightaway got selected in SAIL by all India exam route, and joined in Bhilai Steel Plant( a flagship unit of SAIL .

I joined Blast Furnaces (Electrical Maintenance) as a Junior Manager. The Blast Furnace is the heart of an integrated steel plant persons in this field will acknowledge the above fact.

I have served in various sections of the department which includes

* technical jobs i.e supervision of maintenance activities for electrical equipments in the area, which includes working with the latest electrical installations viz. automation systems(PLCs and Drives), switchgear, basic electrical installations and have also been involved in commissioning of a couple of projects for increasing productivity of Blast Furnaces.

*Apart from that I was the part of the planning team of the electrical spares management systems for Blast Furnaces, where I had to handle ERP(user end). Indent making and Reviewing Budgetary offers being the major areas of work there.

So, all in all had a chance to study the technical aspect both from a site manager's viewpoint as well as a planner's viewpoint (for maintenance of spares)

* Dealing with people has been one of the major thrust areas of my job as while working in this profile you have to supervise around 50 people at one go.
Dividing them in groups, measuring each person's strengths and allocating him the right job at the right place is a crucial thing here. Its a 24 hour running plant so a halt in production for a few minutes causes a loss of lacs of rupees.Hence you have to be very careful while allocating jobs, as per the technical acumen of people below you.

* Apart from these things, I am a keen debater, and have won accolades for debates and Group Discussions at college and company level. I have been an active member of the cricket team in college. As far as company level participation is concerned I have won chess tournaments, been a part of the cricket team for the internal cricket tournaments staged by the company and very recently got the opportunity to organize a tournament on the lines of IPL in Bhilai Plant's fraternity, which was a huge success.I have also organised LAN gaming tournaments, chess tournaments and cricket tournaments at college level.

* I am passionate about cricket, WWF ,oratory and chatting. I am a happy go lucky person who likes being cheerful and considers my smile as one of my major stregths.


would you kindly suggest some options for me to go for after writing GMAT in june if I land somewhere around 680-700 score??

Hi there sir,

I am right now working with Steel Authority of India Ltd. as a junior manager for the last 3 years. I am planning to write Gmat in june end.

My profile is as follows:

10th: 80%
12th :60%

Btech : Electrical Engg. frm JSS ATE NOIDA( A Private institution of UP Technical University) securing 70% aggregate.

Passed out in 2007 and straightaway got selected in SAIL by all India exam route, and joined in Bhilai Steel Plant( a flagship unit of SAIL .

I joined Blast Furnaces (Electrical Maintenance) as a Junior Manager. The Blast Furnace is the heart of an integrated steel plant persons in this field will acknowledge the above fact.

I have served in various sections of the department which includes

* technical jobs i.e supervision of maintenance activities for electrical equipments in the area, which includes working with the latest electrical installations viz. automation systems(PLCs and Drives), switchgear, basic electrical installations and have also been involved in commissioning of a couple of projects for increasing productivity of Blast Furnaces.

*Apart from that I was the part of the planning team of the electrical spares management systems for Blast Furnaces, where I had to handle ERP(user end). Indent making and Reviewing Budgetary offers being the major areas of work there.

So, all in all had a chance to study the technical aspect both from a site manager's viewpoint as well as a planner's viewpoint (for maintenance of spares)

* Dealing with people has been one of the major thrust areas of my job as while working in this profile you have to supervise around 50 people at one go.
Dividing them in groups, measuring each person's strengths and allocating him the right job at the right place is a crucial thing here. Its a 24 hour running plant so a halt in production for a few minutes causes a loss of lacs of rupees.Hence you have to be very careful while allocating jobs, as per the technical acumen of people below you.

* Apart from these things, I am a keen debater, and have won accolades for debates and Group Discussions at college and company level. I have been an active member of the cricket team in college. As far as company level participation is concerned I have won chess tournaments, been a part of the cricket team for the internal cricket tournaments staged by the company and very recently got the opportunity to organize a tournament on the lines of IPL in Bhilai Plant's fraternity, which was a huge success.I have also organised LAN gaming tournaments, chess tournaments and cricket tournaments at college level.

* I am passionate about cricket, WWF ,oratory and chatting. I am a happy go lucky person who likes being cheerful and considers my smile as one of my major stregths.

would you kindly suggest some options for me to go for after writing GMAT in june if I land somewhere around 680-700 score??


The makings of a nice profile. However, you have mentioned your past and present, and made no mention of the future. Think it over and let me know:

- What do you want to do (function)?
- What industry / type of company would you like to work in?
- Where (geography) would you like to work after the masters?

Well worry about the schools later.

thnx for appreciating my profile sir, and for a prompt reply also.

As mentioned in my profile, I am passionate about oratory, this may sound a little weird but the presentations and all fascinate me a lot, so I would like to make a career in something that includes my this strength.

After joining SAIL, I learned a lot about technical and HR skills and would like to capitalize on these things in MBA.

Normally as far as the Indian MBA scenario goes, I am a little fearful about the prospects of what my work ex in steel industry would get me. So I decided to go for an international MBA where I can get more exposure and value for my 3-4 years work ex.

As far as role playing after an MBA is concerned, I think an MBA in operations and logistics would suit me the best, working in any part of the world is hardly a problem provided I am tagged to a good brand.

I would love to go for a job which involves a mix of creativity, operations and HR handling skills ....in precise a place where my work ex helps me achieve newer heights.

I have filled the form for CCAP a CRISIL certified course for financial analyst and have got interview call from that, but am not able to convince myself for that ( basically filled as per my father's opinion, who thinks a steel industry work ex coupled with CCAP + CFA can earn me a better spot in the global arena, but thats a long way to go. And mind you I am not very much interested in finance either.

So, I am confused as to what to go for, thats why when I came across this forum I straightaway posted my profile to view ur response.

I came across a few college profiles which consider MBA after a 3-4 year work ex like

ROTMAN school of business
Richard IVEY school
Cranfield University
USC Marshall
ISB hyderabad
IIMA PGPX

but would that suffice me or do I need to go for a specific course which caters to my demand in short utilizes the skills learned in my work ex?

As mentioned in my profile, I am passionate about oratory, this may sound a little weird but the presentations and all fascinate me a lot, so I would like to make a career in something that includes my this strength. After joining SAIL, I learned a lot about technical and HR skills and would like to capitalize on these things in MBA.

As far as role playing after an MBA is concerned, I think an MBA in operations and logistics would suit me the best, working in any part of the world is hardly a problem provided I am tagged to a good brand.

I would love to go for a job which involves a mix of creativity, operations and HR handling skills ....in precise a place where my work ex helps me achieve newer heights.

I have filled the form for CCAP a CRISIL certified course for financial analyst and have got interview call from that, but am not able to convince myself for that ( basically filled as per my father's opinion, who thinks a steel industry work ex coupled with CCAP + CFA can earn me a better spot in the global arena, but thats a long way to go. And mind you I am not very much interested in finance either.

So, I am confused as to what to go for, thats why when I came across this forum I straightaway posted my profile to view ur response.

I came across a few college profiles which consider MBA after a 3-4 year work ex like

ROTMAN school of business
Richard IVEY school
Cranfield University
USC Marshall
ISB hyderabad
IIMA PGPX

but would that suffice me or do I need to go for a specific course which caters to my demand in short utilizes the skills learned in my work ex?


Clearly - you're happy working in SAIL and have an interest to develop your career in the Manufacturing, Operations, Supply Chain space and aspire to lead people in this industry or function. Recommendations:

- Forget business school for now and gain a solid 5-6 years experience with SAIL! Understand the Steel business (95% of the world's metal consumption is steel), the value chain from Iron Ore to Steel and all further applications of steel thereon. Gain success, a promotion to perhaps manager, and more achievement under your belt.

- Prepare well for and give the GMAT! Being in Bhilai, this might be a challenge, but study hard - use textual and online resources to prepare, and if you're able to access a major city for a visit / holiday etc...plan to attend some coaching classes. Aim to appear for the GMAT around the same time next year with some solid preparation

- Target MBA/Masters in major US Schools that are strong in Operations, Manufacturing, Supply Chain, Technology Management etc - these tend to be attached to Universities with strong Engineering schools. Choices would be:

*MIT Sloan - LGO Program (Global Operations Management MBA | MIT) - a double degree (MBA + MS in an Engineering discipline)
*Ross / Michigan - MBA alongside specialized courses in the Tauber Manufacturing Institute
*Kellogg School's MMM program (google it)

- Forget the CCNA /CFA if you have no interest in Finance.

All the best

Hi sir, indeed it a nice thing to wait for a few more years and gain some more exp before going for an MBA, but the problem with this profile is the time bound promotion policy. According to this I will get an assistant manager's position the next year( i.e after 4 years of my joining SAIL), and getting to even a deputy manager will take at least 10 years.'

As my age is 26, so I am trying to finish off with my MBA before marriage and other social commitments, and as far as I think if I join by next year I will have 4 years of work ex under my belt, wouldn't that be enough for gaining me access to a good B school for an operational MBA?


That is the main reason why I wanted to appear for GMAT around June/ July and have enough time in my hand to apply for an international MBA. As far as preparations are concerned I am preparing from Nov'09 and have joined an online course for GMAT preparation ( its called MASTERGMAT, in case u might have came across) , and that along with some coaching material from local coaching( which I already have) is more than enough I suppose for getting a good score.

What would you suggest in this case scenario?

Hi sir, indeed it a nice thing to wait for a few more years and gain some more exp before going for an MBA, but the problem with this profile is the time bound promotion policy. According to this I will get an assistant manager's position the next year( i.e after 4 years of my joining SAIL), and getting to even a deputy manager will take at least 10 years.'

As my age is 26, so I am trying to finish off with my MBA before marriage and other social commitments, and as far as I think if I join by next year I will have 4 years of work ex under my belt, wouldn't that be enough for gaining me access to a good B school for an operational MBA?


That is the main reason why I wanted to appear for GMAT around June/ July and have enough time in my hand to apply for an international MBA. As far as preparations are concerned I am preparing from Nov'09 and have joined an online course for GMAT preparation ( its called MASTERGMAT, in case u might have came across) , and that along with some coaching material from local coaching( which I already have) is more than enough I suppose for getting a good score.

What would you suggest in this case scenario?


Sorry if the previous post wasn't clear - I meant 5-6 years cumulative experience out of your Bachelor's degree (not another 5-6 years beyond the 3 you already have this summer). With 3 years already in SAIL - another 2 years should be good - meaning an entry fall 2012. That slots you into a comfortable level of experience before your Master's degree.

Experience, skill and success have very little correlation with job titles :-). It does have a lot to do with what you bring to a future employer.

If you're able to demonstrate tangible achievement, progress and (reasonably) authoritative knowledge of your field i.e heavy engineering, manufacturing, the steel & base metal industry; and are able to complement that knowledge with a top class education, you'll be fine. So take some time over a weekend and in solitude, look back at your last 3 years and see if you tick the boxes - progress, learning, skill, knowledge. Would this be at a stage where you can bring something tangible, transferable and applicable for your future employer? If you believe you don't have that (yet) - then might be appropriate to wait.

Your goal seems clear - just ensure you articulate your rationale for your future education keeping in mind these career goals.

As for an MBA before marriage & social commitments - many people educate themselves further after marriage (as I did); you need an engaging, understanding and empathetic partner, who will drive and enable your success. Find her, do the rest above and you'll do just fine.

Cheerz & All the best

hi puys,
here is my profile
BE(NIT) - 61%
cfa level 1, taking level 2 in june,2010
work exp - 5 years in a top indian mfg firm, worked in manufacturing proejcts and change mgmt
currently working in an fortune-500 american mnc as a project manager, independently looking after all indian projects, reporting to director
GMAT - taking in july, target 720+
ec and cs - close to nil
post-MBA goal - finance (vc,pe / i-banking/ corp-fin in that order)
interested in MBA from US/UK

can u plz list down some b-schools which i can realistically target for 2011 fall

regards,

Hi All,

Here is my profile:

SSC:79%
Intermediate:85%
B.Tech: 75%
I've been working in Indian IT company for 2yrs now.
No Extra curricular activities. No Community service.
Planning to take Gmat. Lets assume that I score some 700-720.

Interested in doing MBA abroad(preferably US) in Finance. Ready to work at any part of the globe for certain period(say 3yrs post MBA) and willing to return to India.

Frankly no idea about any MBA University.

Can somebody tell me my chances of getting into top 30 B schools.My areas of improvement. Approximate expenditure to pursue MBA from US.Any other things that I'am not thinking about .

Thanks in advance for all suggestions and comments.

m in my 3rd year of engineering(one of the top 10 schools in India) and by the time I pass out I'd get a Bachelors as well as masters degree in a non-IT branch. However my cause of concern is a despicable GPA 6.24 out of 10. I can easily bring that to a 7 and above. I have scored well in GMAT mocks. And hv good extra-currics(in MFI competetions and General management, making case studies). M really interested in an MS finance program(want a career in financial analysis, corporate finance). But given my low GPA would they accept me to a 1st tier US or UK university. I've heard finance programs can be real GPA hoggers. Can't my GMAT quant serve as an example? Or should I bide my time for an MBA? i am really considering an MS in finance. I plan to take up a summer course in LSE next year. Since my ques has been pretty incoherent, a few bullets:
1) Should I pursue MS finance that m really interested in or bide my time for MBA?
2) Would my GMAT quant mitigate my despicable GPA?
3) What are the schools I should apply to for the Masters?
4) Is MS in economics another option?
What are the top schools I should apply to, straight after graduation?

hi puys,
here is my profile
BE(NIT) - 61%
cfa level 1, taking level 2 in june,2010
work exp - 5 years in a top indian mfg firm, worked in manufacturing proejcts and change mgmt currently working in an fortune-500 american mnc as a project manager, independently looking after all indian projects, reporting to director
GMAT - taking in july, target 720+
ec and cs - close to nil
post-MBA goal - finance (vc,pe / i-banking/ corp-fin in that order)
interested in MBA from US/UK
can u plz list down some b-schools which i can realistically target for 2011 fall regards,


Please excuse me if my feedback sounds harsh, but it is for your own good.

Finance is a prime career target for MBAs around the world, so simply start researching the top schools through the rankings and read about them. Start by reading the MBA / B-School pages of the Financial Times, BusinessWeek, The Economist and US News and World Report.

Come back when you have something more specific to ask about a school or a program, not ask posters to provide you with outcomes of research you should be doing yourself.

If you want specific knowledge on finance careers, look for a poster called virgil-speak on the forum, he should be able to advise you.

All the best
Baccardisprite
Hi All,

Here is my profile:

SSC:79%
Intermediate:85%
B.Tech: 75%
I've been working in Indian IT company for 2yrs now.
No Extra curricular activities. No Community service.
Planning to take Gmat. Lets assume that I score some 700-720.

Interested in doing MBA abroad(preferably US) in Finance. Ready to work at any part of the globe for certain period(say 3yrs post MBA) and willing to return to India.

Frankly no idea about any MBA University.

Can somebody tell me my chances of getting into top 30 B schools.My areas of improvement. Approximate expenditure to pursue MBA from US.Any other things that I'am not thinking about .

Thanks in advance for all suggestions and comments.


Start researching! please see previous post for guidance.

Be clear on what you want to do (function) after the MBA? and Who (industry / type of company) you'd like to work for after the MBA? and where (geography) you'd like to work? Merely anywhere in the globe isn't specific enough for the essays you'll have to draft later on.

All the best
Baccardisprite
m in my 3rd year of engineering(one of the top 10 schools in India) and by the time I pass out I'd get a Bachelors as well as masters degree in a non-IT branch. However my cause of concern is a despicable GPA 6.24 out of 10. I can easily bring that to a 7 and above. I have scored well in GMAT mocks. And hv good extra-currics(in MFI competetions and General management, making case studies). M really interested in an MS finance program(want a career in financial analysis, corporate finance). But given my low GPA would they accept me to a 1st tier US or UK university. I've heard finance programs can be real GPA hoggers. Can't my GMAT quant serve as an example? Or should I bide my time for an MBA? i am really considering an MS in finance. I plan to take up a summer course in LSE next year. Since my ques has been pretty incoherent, a few bullets:
1) Should I pursue MS finance that m really interested in or bide my time for MBA?
2) Would my GMAT quant mitigate my despicable GPA?
3) What are the schools I should apply to for the Masters?
4) Is MS in economics another option?
What are the top schools I should apply to, straight after graduation?


Out of a Top 10 Engineering School, your options to get into a job in the financial services sector should be quite good, right? Either into banking or financial research focused KPO?

If you're in a tearing rush though, improve your GPA, get a 700+ GMAT and apply to LSE's M.Sc in Finance / Econometrics... That should be a good springboard to a career in the financial industry.

Another path is the IIMs (PGDM with finance) or SP Jain (a finance focused PGDM)....

Thanks baccardi..
Cud u elucidate upon more programmes in MS finance?(searched a lot; LSE no work ex req, LSB my worth, people have 8 years of an avg. work ex!!)
How imp. wud be my gpa?(plz plz tell me bout this one. I might bring it to a 7. As of nw it is sulking at lower 6)
I do want to get into finance as I get out of my engg. college...
and I hv gud extra currics.
Sry fr the jumbled prose btw...

Hi baccardisprite;
sorry if i sounded ignorent in my earlier post..i have done my research and looking for answers which i cud not find ..

profile - be(nit), cfa level-2, interested in mba(usa/uk)
work ex - 5 yrs in automotive oem in mfg projects and change mgmt
currently project mgr in an auto component mnc for india operations

career goal - pe/lbo field, to specialize in automotive/mfg investments
my querries are -
1. is it feasible to enter pe/lbo direclty after mba with my kind of profile?
2. if yes, what job profile is being offered by these firms?
3. if not, what kind of profiles generally get into pe/lbo right out of b-school?
4. if direct entry not possible, what shud be the career plan to achieve it, i.e. to enter I-Banking or Mgmt Consulting or corp-fin profile in mfg/product-based firms and move to pe/lbo field?
5. out of these b-schools, which are good for pe/lbo and which i can target realistically based on my profile?
wharton, chicago, columbia, mit, kellogg, stern, tuck, haas, fuqua, ross, lbs, said, judge
plz note i went through the career site of these b-schools, they hav given obective data, but i'm looking for subjective analysis based on my profile.

regards,




Please excuse me if my feedback sounds harsh, but it is for your own good.

Finance is a prime career target for MBAs around the world, so simply start researching the top schools through the rankings and read about them. Start by reading the MBA / B-School pages of the Financial Times, BusinessWeek, The Economist and US News and World Report.

Come back when you have something more specific to ask about a school or a program, not ask posters to provide you with outcomes of research you should be doing yourself.

If you want specific knowledge on finance careers, look for a poster called virgil-speak on the forum, he should be able to advise you.

All the best
Baccardisprite

My profile for fall 2011 will look like this:
10th - 92%
12th - 94%
B.E. - 8.7/10
Work exp - 2 yrs (in fall 2011) in Analytics firm
Currently doing Masters in Business Law (distance education) in NLSIU, Bangalore (completing in 2011)
Decent EC, Community work,etc.
Expecting to score 740+ in GMAT

What are my chances of making to the MS Finance course in MIT, Princeton..


profile - be(nit), cfa level-2, interested in mba(usa/uk)
work ex - 5 yrs in automotive oem in mfg projects and change mgmt
currently project mgr in an auto component mnc for india operations

career goal - pe/lbo field, to specialize in automotive/mfg investments
my querries are -
1. is it feasible to enter pe/lbo direclty after mba with my kind of profile?
2. if yes, what job profile is being offered by these firms?
3. if not, what kind of profiles generally get into pe/lbo right out of b-school?
4. if direct entry not possible, what shud be the career plan to achieve it, i.e. to enter I-Banking or Mgmt Consulting or corp-fin profile in mfg/product-based firms and move to pe/lbo field?
5. out of these b-schools, which are good for pe/lbo and which i can target realistically based on my profile?
wharton, chicago, columbia, mit, kellogg, stern, tuck, haas, fuqua, ross, lbs, said, judge
plz note i went through the career site of these b-schools, they hav given obective data, but i'm looking for subjective analysis based on my profile.
regards,


1. Its rare. The buy-side of finance careers tends to be a heavily networked and (somewhat) closed professional society, where only knowing someone (who may know someone) or several years in investment banking, consulting, corporate finance and business development. These positions are normally rarer than in typical sell-side finance, more sought after and highly competitive. In fact, what I see is many who enter this field after an MBA tend to have been in the field before the MBA. This will be a challenge.

2. Typically similar to analyst or associate profiles - key responsibilities would be to measure, analyze and monitor portfolio performance, conduct valuations and due diligence on major targets of acquisition or opportunity and maintain tactical relationships / communications with the Limited Partners (the outside investors in the fund).

3. Like I said - typically those with investment banking, finance, strategy consulting, transaction execution, due diligence, corporate / business development are the people who are most attractive to pe/vc/lbo firms.

4. Yes - Strat Consulting / I-Banking seems to the path of least resistance. 5-6 years post MBA in one of those fields would mean (hopefully) a network of clients / colleagues that you can access in order to have doors opened into the field you want to get into.

5. Keep it down to no more than 5. I would recommend - Wharton, Columbia, Stern, MIT-Sloan in the US and LBS in the UK. All strong feeders to the major banks and consultants.

All the best
Baccardisprite

thanx a lot Baccardisprite for the detailed reply..now i m much clear
regards,

Clearly - you're happy working in SAIL and have an interest to develop your career in the Manufacturing, Operations, Supply Chain space and aspire to lead people in this industry or function. Recommendations:

- Forget business school for now and gain a solid 5-6 years experience with SAIL! Understand the Steel business (95% of the world's metal consumption is steel), the value chain from Iron Ore to Steel and all further applications of steel thereon. Gain success, a promotion to perhaps manager, and more achievement under your belt.

- Prepare well for and give the GMAT! Being in Bhilai, this might be a challenge, but study hard - use textual and online resources to prepare, and if you're able to access a major city for a visit / holiday etc...plan to attend some coaching classes. Aim to appear for the GMAT around the same time next year with some solid preparation

- Target MBA/Masters in major US Schools that are strong in Operations, Manufacturing, Supply Chain, Technology Management etc - these tend to be attached to Universities with strong Engineering schools. Choices would be:

*MIT Sloan - LGO Program (Global Operations Management MBA | MIT) - a double degree (MBA + MS in an Engineering discipline)
*Ross / Michigan - MBA alongside specialized courses in the Tauber Manufacturing Institute
*Kellogg School's MMM program (google it)

- Forget the CCNA /CFA if you have no interest in Finance.

All the best

What kind of profile do corporations like CRISIL offer, through courses like CCAP( crisil certified analyst program).
If somebody like me having exp. in SAIL, joins this course on the basis of my industry experience of 3 years, what profile will I be aiming at in the long run, and how will my exp help in a credit analyst's role?

As per CRISIL's websites and pagalguy forums, I think in their credit ratings and advisory wings I can leverage my industry exp easily.


What are your thoughts on this ?

Hi,

I am currently entering 3rd year of my Bachelors of Business Studies Degree and have been looking at GMAT, and admission tests OTHER than CAT in India.

I spoke with a person from ******** and he was of the opinion that MBA without work ex leaves us with VERY few options globally and nationally.

But he also introduced me to the concept of Masters/MSc in Management and/or Marketing.
I researched a bit and liked the Masters in management programmes in LBS, LSE and Masters in Marketing Programme in ESADE, Spain.

Please do tell me if it is even worth the effort and money,(almost 40,000 Euro) to try and get into these colleges for these programmes as your posts suggest that they might not have great job prospects.
Also, tell me if its a better idea to go for work experience?