Hello Puys,
I am an Engineer currently working in an embedded software company (for 2yrs approx). I am facing a huge dilemma right now. I have an onsite oppurtunity for 1 year (most probably starting from July 2009 till next year). And after the return i need to stay in the company for double the duration (need to sign a bond which cannot be broken monetarily
). This basically means that for another 3 yrs (1+2), i will not be able to think of an MBA. Kindly clear my dilemma what i need to do -
1) Should i reject onsite and stay here and slog for CAT 2009. Already i have given CAT twice , got ~94%ile in CAT2008. Given the huge uncertainity in CAT, can i afford to take this risk? [Note : I am targetting mostly top 10-15 colleges in India, nothing else]
2) Accept onsite, work for 3 more yrs, which means i can try for a global MBA with 5 yrs experience. But the problem is i want to work in finance domain after my MBA, so the 5 yrs of IT experience is not much useful right? I thought may be i can do some finance certifications meanwhile during this duration (CFA,NCFM etc..)
Personally i feel i have it in me to reach an IIM, i am prepared to burn the mid-night oil for this. But the uncertainity in CAT is always there. This is what that scares me.
Moreover i saw some profile of IIM call-getters having 4-5 calls and finally end up with a single convert (may not be their best convert). That is also quite disturbing me.
I know i have said / asked too many things. But kindly pour in your opinion on what you guys feel [ Pls don't give me a diplomatic answer like "Follow your heart" etc.. , coz if i can do that i would have never asked these questions in the first place.. , sorry i don't mean to be harsh]
Kindly reply asap.. !!! Thanks 
Hello Puys,If you really want to get into fin, forget the onsite and try CAT again. Start preparing your story now. If you have a story and prepare around it, you can avoid unceratinties associated with interview. With recession looming large, it is good time to park your ass at a B school for 2 years and emerge out when markets are booming.
I am an Engineer currently working in an embedded software company (for 2yrs approx). I am facing a huge dilemma right now. I have an onsite oppurtunity for 1 year (most probably starting from July 2009 till next year). And after the return i need to stay in the company for double the duration (need to sign a bond which cannot be broken monetarily). This basically means that for another 3 yrs (1+2), i will not be able to think of an MBA. Kindly clear my dilemma what i need to do -
1) Should i reject onsite and stay here and slog for CAT 2009. Already i have given CAT twice , got ~94%ile in CAT2008. Given the huge uncertainity in CAT, can i afford to take this risk? [Note : I am targetting mostly top 10-15 colleges in India, nothing else]
2) Accept onsite, work for 3 more yrs, which means i can try for a global MBA with 5 yrs experience. But the problem is i want to work in finance domain after my MBA, so the 5 yrs of IT experience is not much useful right? I thought may be i can do some finance certifications meanwhile during this duration (CFA,NCFM etc..)
Personally i feel i have it in me to reach an IIM, i am prepared to burn the mid-night oil for this. But the uncertainity in CAT is always there. This is what that scares me.
Moreover i saw some profile of IIM call-getters having 4-5 calls and finally end up with a single convert (may not be their best convert). That is also quite disturbing me.
I know i have said / asked too many things. But kindly pour in your opinion on what you guys feel [ Pls don't give me a diplomatic answer like "Follow your heart" etc.. , coz if i can do that i would have never asked these questions in the first place.. , sorry i don't mean to be harsh]
Kindly reply asap.. !!! Thanks
vanishta18 Sayshi- I ve jus joined the s/w industry-still under training.. I made to the finance based b-grade b-school.. Didnt opt for it though because of 2 reasons-recession and the other being not exactly interested in finance.. I would like to know- With the current market scenario and even top b-schools not being able to place 100% of itz students-Is MBA(2010-2012) a good option?
Very good option. By 2012 recession will defenitely be over. And you can come out in good economy.
Your more unsafe in the current software job in the current economic sceanrio. Companies usually get rid of freshers first if going gets bad.
Hello Puys,
I am an Engineer currently working in an embedded software company (for 2yrs approx). I am facing a huge dilemma right now. I have an onsite oppurtunity for 1 year (most probably starting from July 2009 till next year). And after the return i need to stay in the company for double the duration (need to sign a bond which cannot be broken monetarily
1) Should i reject onsite and stay here and slog for CAT 2009. Already i have given CAT twice , got ~94%ile in CAT2008. Given the huge uncertainity in CAT, can i afford to take this risk? [Note : I am targetting mostly top 10-15 colleges in India, nothing else]
2) Accept onsite, work for 3 more yrs, which means i can try for a global MBA with 5 yrs experience. But the problem is i want to work in finance domain after my MBA, so the 5 yrs of IT experience is not much useful right? I thought may be i can do some finance certifications meanwhile during this duration (CFA,NCFM etc..)
Personally i feel i have it in me to reach an IIM, i am prepared to burn the mid-night oil for this. But the uncertainity in CAT is always there. This is what that scares me.
Moreover i saw some profile of IIM call-getters having 4-5 calls and finally end up with a single convert (may not be their best convert). That is also quite disturbing me.
I know i have said / asked too many things. But kindly pour in your opinion on what you guys feel [ Pls don't give me a diplomatic answer like "Follow your heart" etc.. , coz if i can do that i would have never asked these questions in the first place.. , sorry i don't mean to be harsh]
Kindly reply asap.. !!! Thanks
hi harebrained,
your dilemma is something many of us have faced in the software industry. i myself chucked an onsite offer in the UK for almost a year to stay back & prepare for CAT..i did manage to notch a single IIMC call. C rejected me & here i am preparing for CAT again...!
the whole point is....you have to weigh your priorities, dude! what i can suggest is since you are gunning for the IIMs & nothing less than that...it's better to have a good financial backup...coz if you somehow fail to make the cut..you can always write your GMAT & try for good b-schools outside india which are at par if not better than the IIMs. i learnt this the hard way out coz...i left that onsite opportunity & here i am stuck in my old company trying to make as much saving as possible to be able to fund my foreign MBA.
as regards getting into finance is concerned...it's not much difficult if you get to do your MBA from a foreign bschool (NUS/NTU/AIM..etc) of course, a CFA Level-1 will definitely help to convince the folks out there about your interest in finance. NCFM certifications do not hold much value if you are looking for a career shift to finance from IT (my personal opinion)!! hope this helps!
cheers
If you want to change ur domain completely means.. it must be done in early stages of ur career.. believe me it is tough to switch career after 5+ yrs of s\w exp..
As you are targetting for top 10-15 colleges.. strt ur prep ASAP..
After another 3yrs of job..the fire in you to crack as now.. may be or may not be at that time...Also in this recession scenario..it is best time to study and can come with flying colours once ur with ur degree..All the best
Hello Puys,
I am an Engineer currently working in an embedded software company (for 2yrs approx). I am facing a huge dilemma right now. I have an onsite oppurtunity for 1 year (most probably starting from July 2009 till next year). And after the return i need to stay in the company for double the duration (need to sign a bond which cannot be broken monetarily
1) Should i reject onsite and stay here and slog for CAT 2009. Already i have given CAT twice , got ~94%ile in CAT2008. Given the huge uncertainity in CAT, can i afford to take this risk? [Note : I am targetting mostly top 10-15 colleges in India, nothing else]
2) Accept onsite, work for 3 more yrs, which means i can try for a global MBA with 5 yrs experience. But the problem is i want to work in finance domain after my MBA, so the 5 yrs of IT experience is not much useful right? I thought may be i can do some finance certifications meanwhile during this duration (CFA,NCFM etc..)
Personally i feel i have it in me to reach an IIM, i am prepared to burn the mid-night oil for this. But the uncertainity in CAT is always there. This is what that scares me.
Moreover i saw some profile of IIM call-getters having 4-5 calls and finally end up with a single convert (may not be their best convert). That is also quite disturbing me.
I know i have said / asked too many things. But kindly pour in your opinion on what you guys feel [ Pls don't give me a diplomatic answer like "Follow your heart" etc.. , coz if i can do that i would have never asked these questions in the first place.. , sorry i don't mean to be harsh]
Kindly reply asap.. !!! Thanks
hi harebrained,
your dilemma is something many of us have faced in the software industry. i myself chucked an onsite offer in the UK for almost a year to stay back & prepare for CAT..i did manage to notch a single IIMC call. C rejected me & here i am preparing for CAT again...!
the whole point is....you have to weigh your priorities, dude! what i can suggest is since you are gunning for the IIMs & nothing less than that...it's better to have a good financial backup...coz if you somehow fail to make the cut..you can always write your GMAT & try for good b-schools outside india which are at par if not better than the IIMs. i learnt this the hard way out coz...i left that onsite opportunity & here i am stuck in my old company trying to make as much saving as possible to be able to fund my foreign MBA.
as regards getting into finance is concerned...it's not much difficult if you get to do your MBA from a foreign bschool (NUS/NTU/AIM..etc) of course, a CFA Level-1 will definitely help to convince the folks out there about your interest in finance. NCFM certifications do not hold much value if you are looking for a career shift to finance from IT (my personal opinion)!! hope this helps!
cheers
I would still recomend chucking the onsite as it is a 3 year lock in. Depends also how much money is at stake. I myself opted for onsite over CAT as Infosys was giving lot of money onsite and lock in was just 1 year - the duration of onsite. But it is not at all advisable to commit 3 years in a field in which one does not want to make his or her career. Your energy will be sapped and who knows whether you will have the same level of enthusiasm 3 years down the line.
Thanks a lot ppl for your inputs...
I have made up my mind to skip onsite...
Decided to give my best for this year's CAT. Atleast i would have the satisfaction that i gave my best. The consequence, whether i convert an IIM or not is immaterial to me.
CAT 2009 here i come... 
i am a BSc student .....wrote CAT 2008 but couldnot get any good b school........!!
should i drop one more year to get one .....or start searching job in BPO AND BANK RECRUITMENTS...!!
Hello there.... thr is no harm in taking Cat one more time and proving ur worth.... Trust ur capabilities.... U can try for them.... but its not necessary to have a job... In the interview u just have to convince the panel.....
Atb
Hi guys,
I m currently running up my own startup..web development (6 months)..prior to this i worked as a software engineer in an MNC for 21 months..gave up my frustrating IT job to start up my own venture...now i need to do mba to get more knowledge in business..
Can you please tell if i should go for regular mba or some entrepreneurship
course like one provided by IIMB and would it really help me in taking my venture to the new heights??
Thanks!!
i am a BSc student .....wrote CAT 2008 but couldnot get any good b school........!!
should i drop one more year to get one .....or start searching job in BPO AND BANK RECRUITMENTS...!!
I suggest you to take up a job. 2 years of gap will be hard to explain. Sure enough you can manage CAT preparation with work. You have age on your side, use it!
Thanks a lot ppl for your inputs...
I have made up my mind to skip onsite...
Decided to give my best for this year's CAT. Atleast i would have the satisfaction that i gave my best. The consequence, whether i convert an IIM or not is immaterial to me.
CAT 2009 here i come...
that's a good decision! did u quit ur job? ATB...for CAT'09!
cheers
i am a BSc student .....wrote CAT 2008 but couldnot get any good b school........!!
should i drop one more year to get one .....or start searching job in BPO AND BANK RECRUITMENTS...!!
Don't sit at home doing nothing else but preparing for CAT. If you can do something useful that one year like some computer course or some correspondence course or something useful like that sit a home. Don't put your faith on your bluffing abilities. Nobody appreciates someone who has been unproductive for a whole year. If you can't find anything productive to do, then take up a job.
Hello all.
A very difficult question for you guys. Seeking your opinion as I can't seem to make a decision.
Cat %ile 98.28
BE with 55%age mu
2008 pass, no wrk ex
Have gotten through Nirma, but wasn't my first choice really. Heard its a decent place and there have been no bad reviews as such.
Now I am happy to have gotten thru, tho this wasn't what I thought in the beginning.
Now my question is, is the place good enough so that I may join it, and give my best there or do I take up some job(faculty, or data entry, mr ) and give it a shot next year. Will do better in CAT am sure, but don't know about the rest of the process due to my acads. 1 more year will make a difference if I get through the IIMs, but will it really amke a difference if I get through colleges slightly better, say IMT?
I know you can't take my decisions, but would like your honest opinions.
A very difficult question for you guys. Seeking your opinion as I can't seem to make a decision.
Cat %ile 98.28
BE with 55%age mu
2008 pass, no wrk ex
Have gotten through Nirma, but wasn't my first choice really. Heard its a decent place and there have been no bad reviews as such.
Now I am happy to have gotten thru, tho this wasn't what I thought in the beginning.
Now my question is, is the place good enough so that I may join it, and give my best there or do I take up some job(faculty, or data entry, mr ) and give it a shot next year. Will do better in CAT am sure, but don't know about the rest of the process due to my acads. 1 more year will make a difference if I get through the IIMs, but will it really amke a difference if I get through colleges slightly better, say IMT?
I know you can't take my decisions, but would like your honest opinions.
@vickujoshi: if i were u, i wud give CAT another all out attempt...u have it in u to make the cut at the best places, dude! it is a fact that with the competition increasing exponentially every year...the background profile does matter especially past acads..but then it holds true for only a few top notch schools! for the others, it's ur cat percentile & ur GD/PI performance! if u can justify ur not-so-very-good BE percentage coupled with decent extra-curriculars..am sure the admissions panel wud not rule u out just on the basis of ur BE marks! i know of a couple of people who have made it to IIMC & B with just 64% in their BE in the general category! don't lose hope..give it ur best shot & yes, try to get a decent workex ASAP!! hope this helps!!
cheers
No offence but I am posting this question for the third time on pagal guy...I am new..Ab pata chala ki yaha question post karna h!
I scored 80.6% in 10th and 69.2% in 12th(PCM).I passed out from my school in 2008 and joined an engineering college after that.But left the college.
I plan to do BCA from this session and MBA after that.Though I should be concentrating on my UG first, but I have to admit,MBA is my ultimate goal and until I think about it first,I cant decide about what I have to do now!
Question 1:Will the year I dropped be a problem in relevance to my MBA?:lookround:
I need somebody to guide me about how can I utilise the three years I have to ensure admission in a good b-school in or outside India.I mean everything from academics to social work,preparing myself for everything I need to.Tell me about anything like business,management,marketing,how important some achievement and everything I should be or shouldn't be doing!
Please guide me about it like you would explain things to a lay man!I am willing to put in my best provided I am told what I am supposed to do!
Thanks,
Kritika
No offence but I am posting this question for the third time on pagal guy...I am new..Ab pata chala ki yaha question post karna h!
I scored 80.6% in 10th and 69.2% in 12th(PCM).I passed out from my school in 2008 and joined an engineering college after that.But left the college.
I plan to do BCA from this session and MBA after that.Though I should be concentrating on my UG first, but I have to admit,MBA is my ultimate goal and until I think about it first,I cant decide about what I have to do now!
Question 1:Will the year I dropped be a problem in relevance to my MBA?:lookround:
I need somebody to guide me about how can I utilise the three years I have to ensure admission in a good b-school in or outside India.I mean everything from academics to social work,preparing myself for everything I need to.Tell me about anything like business,management,marketing,how important some achievement and everything I should be or shouldn't be doing!
Please guide me about it like you would explain things to a lay man!I am willing to put in my best provided I am told what I am supposed to do!
Contact me at [email protected] if gettin in touch here is any problem!
Thanks,
Kritika
First of all,a hearty welcome to PG
This is just the right place to keep yourself in touch with fellow mba aspirants and to get all the dope on mba.
Don't let the year drop bother you.It happens to the best of people and is never a hindrance,provided you work hard and in the right direction from now on.
As for the preps for CAT/XAT/other indian mba exams,its too early for you to start rightaway.Anyway,these exams don't require any more than 6-9 months of prep.You could start developing the habit of reading though,incase you are already not hooked.Start with newspaers,magazines,moving on to lighter paperbacks and then more serious stuff.
Gmat also doesnt require more than 3-4 months of solid preparation.And any case,its too early to start applying to foreign universities.
Regarding the profile building part,its never too early to start.You can go indulge yourself in whatever activites that really interest you(sports/quizzing/singing/dancing/charity work).Basically,anything that draws your interest.These things add up to your profile and help in the long run.
All said and done,enjoy college life.These are best years of your life and full of opportunities.Have fun
PS:remove ur id from ur post.Its against forum rules.
First of all,a hearty welcome to PG
This is just the right place to keep yourself in touch with fellow mba aspirants and to get all the dope on mba.
Don't let the year drop bother you.It happens to the best of people and is never a hindrance,provided you work hard and in the right direction from now on.
As for the preps for CAT/XAT/other indian mba exams,its too early for you to start rightaway.Anyway,these exams don't require any more than 6-9 months of prep.You could start developing the habit of reading though,incase you are already not hooked.Start with newspaers,magazines,moving on to lighter paperbacks and then more serious stuff.
Gmat also doesnt require more than 3-4 months of solid preparation.And any case,its too early to start applying to foreign universities.
Regarding the profile building part,its never too early to start.You can go indulge yourself in whatever activites that really interest you(sports/quizzing/singing/dancing/charity work).Basically,anything that draws your interest.These things add up to your profile and help in the long run.
All said and done,enjoy college life.These are best years of your life and full of opportunities.Have fun
thanz!
I am an avid reader...I read The Hindu and I am into novels...but somebody told me I shouldn't be reading sidney sheldon and all that...then what am I exactly supposed to be reading othr than newspapers?What sort of magazineS?
I enjoy charity and dancing..but from all that I know some sort of social achievement is a pre-requisite to get into IIMs!
Nothing is a pre requisite for getting into the IIMs.
Work on your profile by all means, but dont do things just for the heck of it. Do things that really excite you. That way, you'll be building your personality.
CONCENTRATE ON YOUR ACADS.
Reading is a very good habit as it is. You dont have to read for CAT. Read up everything that you can lay your hands on in the next two years and you wot have to touch any of the english workbooks for CAT. ejoy Sidney Sheldon by all means, but you HAVE to graduate to weghtier topics. 6-9 months is enough for CAT prep.
For B Schools abroad, you need to have at least 3 to 5 years of wrk ex.