@LuckyThirteen i know what u mean about sombre celebration ! donated 1000 rs ro my constant guide and friend - the wikimedia foundation . will continue to do every time i achieve a major milestone in life
I know probably not the best thing to post here... But still it will really help to get your guys point of view on this.
I have an admit from ISB Hyderabad and Indiana Kelley.. Kelley gave me a $35K scholarship.. so the cost of the entire 2 year program would come to around 50Lakh INR, including living and tuition.
Assuming the money is not that big of a factor.. What would you guys suggest I do..
All the suggestions and advice are really appreciated guys. Thanks !!
@ISB_Blogger Completely agree with you. What is the point of going to a B-school if not for placements? Not everyone becomes an entrepreneur !! If in-depth education is the main motive, should have joined a Masters-PHD Program in the US.
It is absolutely essential that correct news about ISB placements comes out. Taking the Emi-s of the loan into account, what degree of career growth has ISB actually offered? I have seen people getting into top Cons. companies , only if they had excellent work-ex before going into ISB. Is ISB worth it only when we have reached a certain stage in our career ( both designation and Organization-wise) or can it really allow us to make that 'transition'?
@ISB_Blogger .. Here it is.. 3.5 years of work ex.. IT background.. working in TCS.. got a 700 in my GMAT.. good ECs.. As for the field post MBA.. let me be frank.. I really haven't zeroed down on one.. still debating.. I hope it will be more clear to me once I start my MBA..
@ISB_Blogger .. Here it is.. 3.5 years of work ex.. IT background.. working in TCS.. got a 700 in my GMAT.. good ECs.. As for the field post MBA.. let me be frank.. I really haven't zeroed down on one.. still debating.. I hope it will be more clear to me once I start my MBA..
@ISB_Blogger .. Here it is.. 3.5 years of work ex.. IT background.. working in TCS.. got a 700 in my GMAT.. good ECs.. As for the field post MBA.. let me be frank.. I really haven't zeroed down on one.. still debating.. I hope it will be more clear to me once I start my MBA..
@KshitijBaldua bro...if i were u i would have chosen kelly...50 lakhs is not a mtter once u start earning in the US. your joining bonus will itslelf be some $20-30K, and one more thing is batch size in isb is 770. only top 5% get super duper placements(my perspective). 3.5 yrs exp is also on the lower side. also IT background u ll face stiffer competition even during placemets...thtsit from my side
Finally, i see a semblance of an interesting discussion going on.
How does one measure the value of an MBA ? Is it merely by the quantum of post degree placement paycheck? I beg to differ. An MBA is merely a means to an end. One can only realize the true value of an MBA only in the long run - 3 to 6 years down the line.
Just as one cannot create a genius overnight, one cannot expect Employers to go gaga over an MBA grad just because the grad has learned a few theoretical subjects in a year. MBA merely acts an accelerator or a magnifying glass. The MBA accelerates/magnifies what you already have. If you didn't have anything substantial in the first place, then there is nothing really to magnify.
Let me ask you this. Let's take the case of a IT professional with say 4-5 years of experience. At best this professional would have managed a team of 2-3 people. His/Her international experience would be minimal. His her domain knowledge would be slightly above average. Do we expect a prospective employer to offer this graduate 18 lakhs just because of a 1 year intensive course in a few subjects ? Put yourself in the employer's shoes. Would you ?
I am not trying to discourage anyone from pursuing an MBA. Far from it, all i am saying (or at least trying to say ) is that when it comes to an MBA, one should keep a long term view.
An MBA is not a sprint, it is a marathon. Focus on your career, the big bucks will follow naturally.
@LuckyThirteen What would u say someone who is already getting 25-30L. I completely agree with u that MBA benefits must be measured over 3-6 yrs but also one needs to reasonably confident of at least retaining his/her pre MBA salary ? Isn't it
@LuckyThirteen What would u say someone who is already getting 25-30L. I completely agree with u that MBA benefits must be measured over 3-6 yrs but also one needs to reasonably confident of at least retaining his/her pre MBA salary ? Isn't it
I feel that the pay package you expect immediately post MBA will again depend on your goals post MBA. A industry shift might not ensure you of the same and if you are aspiring to be an entrepreneur then you can never bet on what you might earn!
I agree with @LuckyThirteen on MBA being an accelerator to your long term goals. You again need to evaluate your pay package on a long term basis if there is a industry shift you are aiming for. Else it would be a pitiful situation if you cannot acquire a job post MBA that pays you at least what you were earning pre MBA.
Would need some advice from fellow puys.I have a admit wid ISB hydAlso vanderbilt in USA with 100 % scholarshipChicago booth no scholrship what to choose
Hi Tushar, my response to your question might sound a little biased towards Booth, but that is because it is my fav school in the world, and I would have loved to get an admit there this yeaer. However, i was dinged without an Interview. But given your options, if Booth fee is not a problem for you, your first option should defn be booth. For me its not even a question deciding between booth and ISB or Vanderbilt. But again, given you have a 100% scholarship, that does skew things majorly.
Also, Booth is a Finance oriented school, so that might also help you in deciding. if you want to pursue career in finance or not. But again my opinion is ( and excuse my enthusiasm) Booth is undoubtedly the best school out of your options.
@ISB_Blogger .. Here it is.. 3.5 years of work ex.. IT background.. working in TCS.. got a 700 in my GMAT.. good ECs..As for the field post MBA.. let me be frank.. I really haven't zeroed down on one.. still debating.. I hope it will be more clear to me once I start my MBA..
while i agree with @ISB_Blogger as he makes very valid points, i think it also depends on where you want to be in the future. and given current world economy India has more jobs than US. again, as @ISB_Blogger mentioned, kelley will have less competition given the small size, but also, kelley is not a tier 1 school in the US. Given all of that, you also have a scholarship which also should be a consideration since that will reduce your cost and might increase ROI. So please take all factors into consideration and that should help you decide. Personal experience - spend a lot of time on the school website, and that will also give you a feel about student life in college which again is amajor deciding factor. Iv done my undergrad from Purdue (also in Indiana) and loved the student life there, but would not go to Krannert( Purdues business school) given the placement scenario. but thats a very personal opinion.
Would need some advice from fellow puys.I have a admit wid ISB hydAlso vanderbilt in USA with 100 % scholarshipChicago booth no scholrship what to choose
The decision really comes down to Booth vs. ISB. MBA is more about branding than not - and in the long run you will recover whatever money you spend at either of the schools. Booth is a top-tier brand and with all due respect to ISB - it has a long ways to go before it can even enter the discussion with a top tier school from the US. The experience at Booth with be much better. The thing you have to realize though is that you need to be prepared to actually use your booth experience. PM me if you want to chat about it. I live in Chicago and half the MBAs I know are from Booth (and the other half from Kellogg.) :-)
Has everybody who's not been selected received a rejection email? I checked with ISB and the lady confirmed that all rejection emails have been sent out. However, I await mine.