International educational options beyond the MBA

hi puys...can anyone elaborate baout CMA (us) and CIMA (UK) qualifications and wihch one is better for career in India..plz suggest or direst me to relevant post..

regards,

hi at present i am engaged with my engineering currently in 1st year of that in electrical please let me know what are lucrative options for my carrier?

mohit_1598 Says
hi at present i am engaged with my engineering currently in 1st year of that in electrical please let me know what are lucrative options for my carrier?


Chill mar yaar! You have way too much time to think about all these things.

Enjoy first two years of college. Check out chicks, have daru and sleep like a dog in class.

This is no time to worry about other things. You'll have a lot of time, trust me on this.

If you still insist, here are a few options:

1. GATE for M.Tech.
2. IAS
3. IES
4. GRE for MS from amreeka
5. Placement
6. PSU's

These are just a few.

:drinking:
Chill mar yaar! You have way too much time to think about all these things.

Enjoy first two years of college. Check out chicks, have daru and sleep like a dog in class.

This is no time to worry about other things. You'll have a lot of time, trust me on this.

If you still insist, here are a few options:

1. GATE for M.Tech.
2. IAS
3. IES
4. GRE for MS from amreeka
5. Placement
6. PSU's

These are just a few.

:drinking:

whats PSU for?
mohit_1598 Says
hi at present i am engaged with my engineering currently in 1st year of that in electrical please let me know what are lucrative options for my carrier?


The most lucrative option is to crack CAT and then get into a good IIM. This way, your salary will start at Rs. 18 lakhs.
Otherwise, you have to become IIM (Indian, IT, Male) with your Engineering degree. In this the starting salary is just Rs. 4 lakhs.
The most lucrative option is to crack CAT and then get into a good IIM. This way, your salary will start at Rs. 18 lakhs.
Otherwise, you have to become IIM (Indian, IT, Male) with your Engineering degree. In this the starting salary is just Rs. 4 lakhs.

i want to crack GMAT Or CAT not be an IIM Guy.
mohit_1598 Says
whats PSU for?


PSU stands for Public Sector Undertakings like ONGC, IOCL, HPCL etc.

Very lucrative.
PSU stands for Public Sector Undertakings like ONGC, IOCL, HPCL etc.

Very lucrative.

thanks for PSU everybody is running for lucrative option now a days money rocks bull walks

Hi All,

Thanks to baccardisprite for this long running wonderful forum

I have been following this thread for sometime now, I want a general opinion of ppl on this forum about my chances for 2011 Admit

Profile:-
Economics Graduate, University of Delhi 2007 (59.9%)
X 88, XII 72
Work Ex:- One year with Ernst & Young Audit in Gurgaon, India
Two years with State Bank of India, as a Probationary Officer

GMAT- 620 ( QA 46, VA 29, AWA 5)

Please suggest which colleges will accept me for masters with my kind of GMAT score, most of the places I have checked look for minimum 650.

Suggestions and opinion welcome... A repeat GMAT is on the agena too

interesting thread. I was wondering if you could give me some suggestions regarding good options in entrepreneurship courses. I have a work ex of 1.5 yyears as a designer, and a gmat score of 720. am looking at mba options as well as other good options like an msc in entreprenership. The place does not matter as long as the institute is a reputable one. thanks

Hi Baccardisprite,

I can't thank enough for the efforts you have put in to answer all the queries posted here. Your breadth of knowledge is commendable. I was about to apply to few schools in Europe, but your posts made me rethink my decision and here I am asking your expert opinion. Let me put a brief profile and then ask you a few questions :

Age: 27, Male
Education: BEngg Computer Science, India (2005) - 71 %, 12th - 74%, 10th - 85%
Exp : 4 years in Quality Assurance (Software) - Have worked with Nokia-Symbian. Managed offshore team at Poland office for EMCC Software for 1 year and I am currently in senior position.
GMAT: 640
Extracurricular: Decent
Nationality: Indian

Questions (if you may please):
At 27, these may sound a bit naive but I rather correct it now before its really late:

1. I plan to pursue General MBA and want to take a feel for all the fields and then get into a major. Is it a possibility with one year program or shall I opt for a 2 year program. During my time at work I have felt that I can be good at consulting but after dealing with clients I realised marketing could also be an option and want to keep the options open. Is this thinking correct ?

2. All my experience is in the UK. I came here in 2005 to study but realised that the course that I had selected was not right and then switched my visa to work permit. But during that one year before I could break into IT, I had to work odd jobs. I know it was a bad decision to work odd jobs. Again I was naive then. Is there a way to correct this. Or would this seriously affect my chances at a good school. I dont want to lie and create stories for adcoms. ?

3. During these 4 years I have scaled up my profile in Quality Assurance but compared to what my classmates(in India) have achieved (read PM, PL, Tech Leads), I am a senior engineer (due to the way company grades work here), but have always been given challenging projects.

4. I plan to move back to India after I finish my Masters. Would it be advisable to study in the UK. And would it be an issue(with the recruiters in India, post MBA) given my entire work experience is in the UK.

5. I know my profile looks very unusual and I have made many mistakes on the way. But I am sure there is a way that I can improve and go for the degree I have always wanted to study for. Your guidance is required, Baccardisprite!

In your usual style, please suggest the right questions that I need to ask myself. :)

Thanks in advance,

M

Hi All,

Thanks to baccardisprite for this long running wonderful forum

I have been following this thread for sometime now, I want a general opinion of ppl on this forum about my chances for 2011 Admit

Profile:-
Economics Graduate, University of Delhi 2007 (59.9%)
X 88, XII 72
Work Ex:- One year with Ernst & Young Audit in Gurgaon, India
Two years with State Bank of India, as a Probationary Officer

GMAT- 620 ( QA 46, VA 29, AWA 5)

Please suggest which colleges will accept me for masters with my kind of GMAT score, most of the places I have checked look for minimum 650.

Suggestions and opinion welcome... A repeat GMAT is on the agena too


It's not a bad profile, so stop being underconfident. I won't suggest a laundry list of schools based on the above. Think carefully and let us know:

1) What (functionally) would you like to do? Going by your past and current, finance would probably be it, but you need to be 100% sure it's what you want to do long term!

2) What sort of company / enterprise would you like to work in? Corporate Finance / Control / Treasury or in a Financial Services / Banking / Securities industry etc?

3) Where (geography) would you like to work? If in India, going abroad at your age is pointless, you're better off studying in India in a Top 15-20 Indian School (CAT+) and getting a good job / career in India....

Not to be critical - while you implicitly admit your GMAT isn't high enough, what makes you think going to an "acceptable" program abroad is going to work for you (ahead of a strong / well-ranked / highly regarded program) ?? If your answer is "not much" - then it might be worth preparing for and making a genuine attempt at the GMAT again, and try scoring in the 700 range.

(Presuming you consider Finance a long term career) It's also worth working for 2-3 years longer, gain some real skills that an education will help complement as you make yourself a truly attractive catch for major employers at around age 28-30. I have said it before, employers will hire you 75% for your pre-MBA/pre-Master's experience, and 25% for the quality of the school. You want to give them as much of the 75% (through acquired skills / experience) and the best possible 25% (from the best possible school).

It's really not that difficult if you have the right guidance / coaching / preparation.

Going by the above, you sound like you want a Master's, but aren't quite clear why. Think carefully, answer the above questions for yourself and post again if you need assistance.

Other things you can consider in the next 2-3 years:

*CFA (Globally recognized Investment / Corp Finance qualification) or *CIMA/ACCA (2 of the world's largest accounting bodies, equivalents of India's ICWA / ICAI)
*Foreign Language (English, German, Spanish, Chinese).

Hope the above helps you
All the best
Baccardisprite
shweta 666 Says
interesting thread. I was wondering if you could give me some suggestions regarding good options in entrepreneurship courses. I have a work ex of 1.5 yyears as a designer, and a gmat score of 720. am looking at mba options as well as other good options like an msc in entreprenership. The place does not matter as long as the institute is a reputable one. thanks


Makings of an interesting profile, and a good GMAT to boot. The world's best-regarded MBA for future entrepreneurs is Babson College's 2 year MBA. Please check out the website. The schools is not only very well known, but offers attractive financial aid options for the candidates it likes to attract, including scholarships, research assistantships and in some cases, seed funding (like winning competitions) for any enterpreneurial venture you may have the opportunity to start-up during or immediately after the MBA.

Word of caution, merely going to this college doesn't necessarily mean you become capable of starting your own firm immediately after. Most of the future entrepreneurs take on corporat positions or jobs in start-ups and small companies to hone & develop their skills further before throwing their hat in the entrepreneurship ring. Often, they bring significant experience in corporate / entrepreneur-like roles before the MBA.

Would recommend you acquire a few years more in experience (total 4 years minimum before the MBA), build broader skills adding to your design skills. Learn a foreign language (French, if you're into apparel / luxury product design or German / Japanese if you're into industrial design).

These will help for several things, not least the below:

*Provide the best of 75% of the reasons why you will get a job (likely immediate outcome after your MBA / Masters); your 25% comes from the quality of education that you seek.

*or if you have the opportunity to start something, the investors who will seed fund your start-up will have the confidence to invest in your venture because they will believe in your skills (professional, managerial and broader).

Hope that helps you
All the best
Baccardisprite
Your posts made me rethink my decision and here I am asking your expert opinion. Let me put a brief profile and then ask you a few questions :

Age: 27, Male
Education: BEngg Computer Science, India (2005) - 71 %, 12th - 74%, 10th - 85%
Exp : 4 years in Quality Assurance (Software) - Have worked with Nokia-Symbian. Managed offshore team at Poland office for EMCC Software for 1 year and I am currently in senior position.
GMAT: 640
Extracurricular: Decent
Nationality: Indian

Questions (if you may please):
At 27, these may sound a bit naive but I rather correct it now before its really late:

1. I plan to pursue General MBA and want to take a feel for all the fields and then get into a major. Is it a possibility with one year program or shall I opt for a 2 year program. During my time at work I have felt that I can be good at consulting but after dealing with clients I realised marketing could also be an option and want to keep the options open. Is this thinking correct ?

2. All my experience is in the UK. I came here in 2005 to study but realised that the course that I had selected was not right and then switched my visa to work permit. But during that one year before I could break into IT, I had to work odd jobs. I know it was a bad decision to work odd jobs. Again I was naive then. Is there a way to correct this. Or would this seriously affect my chances at a good school. I dont want to lie and create stories for adcoms. ?

3. During these 4 years I have scaled up my profile in Quality Assurance but compared to what my classmates(in India) have achieved (read PM, PL, Tech Leads), I am a senior engineer (due to the way company grades work here), but have always been given challenging projects.

4. I plan to move back to India after I finish my Masters. Would it be advisable to study in the UK. And would it be an issue(with the recruiters in India, post MBA) given my entire work experience is in the UK.

5. I know my profile looks very unusual and I have made many mistakes on the way. But I am sure there is a way that I can improve and go for the degree I have always wanted to study for. Your guidance is required, Baccardisprite!

In your usual style, please suggest the right questions that I need to ask myself. :)

Thanks in advance,

M


Thanks for the feedback.

1. It's not unusual to feel slightly torn between 2 potential career avenues, particularly if you feel your skills are broadly applicable to either. Take a pen & paper and write the pros & cons of each career before making a choice with your eyes open.....

Example 1: 4-5 years of consulting will offer a credible path into Marketing / Strategy / Business Development roles (mostly in client companies you have advised)..... 4-5 years of marketing may not as easily offer the path into consulting (it's rarer) - so score 1 for consulting

Example 2: IF you're married / in a relationship, consulting is a Monday-Thursday travelling job so you're away from your near/dear one for 96-120 hours! A marketing role is likely to involve lesser travel and a more balanced lifestyle - so score 1 for marketing

Have a go, have a set of objective decision criteria. In the end, match those criteria with where your heart is, and go eyes open with the latter (you're likely to have less regrets later on :-).

2. Nothing wrong and it wasn't a bad decision to work odd-jobs... It's actually a positive that you weren't idle. Secondly, that's 4+ years in the past, and employers are more likely to value the more "recent" experiences. I see no harm in mentioning in one line that you held one or several part-time jobs over that year, and when asked you can openly tell any interviewer what you did and why you did it. Don't worry about this.

3. Again, different companies have different designations. The quality of your experience matters! If you have interacted with clients, acquired skills that are transferable and applicable to roles after your MBA / M.Sc, your past designations won't matter to any employer who hires you.

4. If Marketing is your chosen career and India is your intended destination after the MBA, I would recommend studying for your Master's/MBA in India. I think you're young enough for one of India's Top 2 year MBAs or ISB, and you might want to try that.

If it's consulting, then you can try either the above or or go for a Top EU / US MBA, try getting into one of the big name Strat / Ops Consulting firms with a large or fast growing India operation and find a path home.

In either case, recommend preparing for and re-attempting the GMAT and try getting a score of 720+. Keeps you competitive.

5. Profile isn't as unusual as you think barring the odd-jobs :-). Like I said, the odd-jobs were 4+ years ago and will be 6+ years when you're coming out of your MBA/Masters, and you weren't twiddling your thumbs, and you found a way to feed yourself.. relax. Think carefully & objectively about your career going forward, then choose the most appropriate education. It doesn't work the other way round.

Hope that helps you
All the best
Baccardisprite

i m appearing for CFA level 1 dis year...so shud i take admission for mba in india dis year or complete my CFA first & then after gaining some work experience apply for mba abroad?????????plz reply

i m appearing for CFA level 1 dis year...so shud i take admission for mba in india dis year or complete my CFA first & then after gaining some work experience apply for mba abroad?????????plz reply

soulreaver15 Says
i m appearing for CFA level 1 dis year...so shud i take admission for mba in india dis year or complete my CFA first & then after gaining some work experience apply for mba abroad?????????plz reply


I assume you're about 21-22 and a recent university graduate.

Think about your early career (from now to say 2016). Do you have the opportunity to gain professional experience in Finance / Investment management now, when your body and mind would be most willing and primed to learn & acquire skills?

I'd always advise experience early on in life (say from the age of 21-26), then an MBA. Refer my comments about the 75% in earlier posts. A CFA is as good if not more applicable & valuable qualification for a long term career in Investment / Fund Management &/or equity research.

The Indian educational & professional environment is conducive to an MBA early on in one's life, while in most other countries, an MBA is an education post early career (4-6 years experience) to complement skills already gained over one's early career.

Think career first, then the right education to enable that career.

Ask yourself the right questions!

All the best
Baccardisprite

This is certainly the best thread i have come across on PG.
Sir I seek your opinion regarding my career direction. I will put my complete profile in front of you, my expectations and my goals basis which kindly suggest me some options.
10th: 90.4%
12th: 75 %
Btech mechanical: 77%
Work-ex: 30 months as of now
Age: 25 yrs , Single
For last 30 months I have been handling operations in an oil PSU (INDIA)
This year I gave CAT, got 98 %. I managed two good calls (MDI result pending, SPJAIN:rejected)
I have calls from SCMHRD and IIT kharagur also for their 2 yr MBA prog. I want to enhance my profile, want to upgrade myself so that in coming years I scale the ladder and have a good future instead of sticking to this cushy but stagnant govt job. I prefer to be in INDIA in future but wont mind studying in some foreign university for 2 years. I am confused
Whether I should join MBA in India if i get through MDI/NITIE?.
Should I also join SCMHRD, pune / IIT kharagpur if i dont get thru MDI/NITIE?
Or leaving all this I should aim for MBA/MSc in a good foreign univ?

My current work-ex is in handling daily operations of an oil terminal. So guide me for the stream I should aim for.
So please tell me some good options or univs I should aim for a bright future.I knwo choice may differ depending on what I want. So guide me for options both in INDIA and outside giving them weightage and genuine expectations from both.
I have not given GRE/GMAT as of now as I never thought of an international education before.

v2013 Says
How can we advise you until you get your GMAT score? If you get 720+ then you have a good chance of getting into a top b-school in europe/us. One should always aim for the elite schools in any country of study. Therefore I would rather go for an elite school in UK (LBS/Oxbridge/LSE) than say 2nd tier schools like MDI etc.


I think i can give GRE/GMAT on the basis which school I am aiming for.
I understand that you were trying for an admission in Symbiosis, GIM etc. and at the same time suggesting me to believe you that u shud go only in top colleges. You dont hve work-ex also.So let the experienced guy reply (5 yrs on PG : lemme tell u thts huge) to my post who turns out to be the one who started this thread as he has vast experience and breath taking knowledge which is the reason for his subjective answers to the queries of all the aspirants out here.
cheers

Hi, well indeed a very informative post..
I am almost done with my undergrad--BBA with a GPA of 3.1 out of 4 from Symbiosis,Pune.
I am looking forward to a masters degree from UK.
I applied for marketing courses. I have offers from Univ of Reading, Aston univ and Univ of Strathclyde
Rankings confuse me thoroughly.
Which one do you think would be best..as I plan to take up a good job after masters.

Also, its a concern whether, an msc in marketing would cost my parents about 15lakhs for a 1year course. Do u think there is enuf return on investment..

Please reply...