A small help puys:
"Could someone please suggest me what kind of loan would be better in the long run: fixed-rate based or floating-rate based ? Actually i am confused between UBI's fixed rate of 10.75% and CBI's floating rate of 11%(BR+0.5%). Will the BR increase in future or it decreases too ? " 
Hi,
Need suggestion on what to choose
I am am a BE(Mech) and have worked in an IT firm for 2 years. Earlier I used to think that i want to do an MBA in Finance but now i think m not well informed to make a decision. Currently I have got through NMIMS(Capital Markets) and wait-listed in TAPMI
I have a liking for number crunching? --YES
I am comfortable in working with teams or alone
convincing people is not one of my strong areas
creativity is not one of my strong areas
I like travelling
I talk to strangers if required yes but not usually
Any guidance would be very very helpful
A small help puys:
"Could someone please suggest me what kind of loan would be better in the long run: fixed-rate based or floating-rate based ? Actually i am confused between UBI's fixed rate of 10.75% and CBI's floating rate of 11%(BR+0.5%). Will the BR increase in future or it decreases too ? "
Nobody can say whether the base rate will go up or down. 10.75 is a very competitive rate. Why dont you try SBI's scholar loans?
Hi,
Need suggestion on what to choose
I am am a BE(Mech) and have worked in an IT firm for 2 years. Earlier I used to think that i want to do an MBA in Finance but now i think m not well informed to make a decision. Currently I have got through NMIMS(Capital Markets) and wait-listed in TAPMI
I have a liking for number crunching? --YES
I am comfortable in working with teams or alone
convincing people is not one of my strong areas
creativity is not one of my strong areas
I like travelling
I talk to strangers if required yes but not usually
Any guidance would be very very helpful
If you are not sure of the spec, best would be to do a normal mba and choose the spec in second yr. In a sectoral mba you would have sectoral subjects even in the first yr.
Nobody can say whether the base rate will go up or down. 10.75 is a very competitive rate. Why dont you try SBI's scholar loans?
SBI's scholar loan is way too high compared to other banks : 12% (BR+2%) 😞
Hi
I had appeared for CAT & XAT this yr , but dont have a convert yet.Had 97.5 in CAT, but Male Engg Gen screwed me.
I already have close to 4 years workex, & by next yr it will be almost 5 yes (3 months less)....
Will it add value for me to spend 2 yrs in full time mba....lets say i gt lucky & make it to top 10 colleges OR
should i start preparing for GMAT.....i think i will have to appear for it in July......unfortunately in that GLIM seems to be d getable option...my acads are bad, i have not done any social service nor won any competitions....my workex is however good....Now GLIM accepts both CAT & XAT score for 2 years....d risk is that if they dont accept CAT11 & XAT12 scores then I am screwed....
So, folks plz help me solve this CAT vs GMAT formula....
Currently doing job in IT - 1.5 yrs exp(insurance domain) want to move in either core insurance domain (business analyst) or in Capital mkts domain b4 going to MBA. bt it seems difficult to switch job n getting gud package....
also I completed NCFM Sec Mkt (Adv) Module, Inv Analysis N Portfolio Mgmnt module n Fundamental Analysis Module....
is FLIP Equity research module helpful in getting job?
if ur current employer is not allow you to take a leave of say a month b4 CAT exam, wht is d best strategy?
Plz advice....thnx in adv...
Hi,
I am a fresh mechanical engineering grad from BITS Pilani.During campus placements I got job offers from MUSigma and Praj Industries .The first was a BA profile and the second was a core mech profile.I think I am more intersted in the BA profile but I am from a non IT profile and my coding skills are non existent.Will that be a problem?Also wat kind of ppl find working at Musigma difficult?I am not talking abt der working hours.Dat is fine with me.
At Praj the pay is quite a bit more ,at least for the first year.But information abt work culture and growth in that company is very hard to come by.Can sum 1 shed sum light abt dat company?
I am from a lower middle class family and hv to pay back my education loan.Despite this I would like to work as an analyst since growth curve in this field is steeper .Wat skills make sum 1 fit or unfit for the analytics industry?And how much of atechnical expertise do u need to be succesful at it?
I will be grateful for any help that can be provided.
Hi
I had appeared for CAT & XAT this yr , but dont have a convert yet.Had 97.5 in CAT, but Male Engg Gen screwed me.
I already have close to 4 years workex, & by next yr it will be almost 5 yes (3 months less)....
Will it add value for me to spend 2 yrs in full time mba....lets say i gt lucky & make it to top 10 colleges OR
should i start preparing for GMAT.....i think i will have to appear for it in July......unfortunately in that GLIM seems to be d getable option...my acads are bad, i have not done any social service nor won any competitions....my workex is however good....Now GLIM accepts both CAT & XAT score for 2 years....d risk is that if they dont accept CAT11 & XAT12 scores then I am screwed....
So, folks plz help me solve this CAT vs GMAT formula....
You CAT score is good. Since the material i still fresh in your mind, do take the GMAT. But keep in mind that in June a new section is being added in GMAT and since GMAT score is based on the history of people taking the test, the number of test takers in the particular section may not be enough to give a proper percentile. This happened with GRE last year when they changed pattern. I would suggest that you prepare for GMAT for 3 months and take it in Sept.
About your other concern, I don't feel 2 years f/t MBA is a good option for you especially if you are looking at Fin or Mktg as companies prefer freshers or with
Currently doing job in IT - 1.5 yrs exp(insurance domain) want to move in either core insurance domain (business analyst) or in Capital mkts domain b4 going to MBA. bt it seems difficult to switch job n getting gud package....
also I completed NCFM Sec Mkt (Adv) Module, Inv Analysis N Portfolio Mgmnt module n Fundamental Analysis Module....
is FLIP Equity research module helpful in getting job?
if ur current employer is not allow you to take a leave of say a month b4 CAT exam, wht is d best strategy?
Plz advice....thnx in adv...
Do you want to move to core finance domain from IT? It is difficult and you may have to start at a very low salary. You can look at brokerage houses, investment firms etc. But I believe they will offer you mainly sales roles. One thing you can do is get into a bank as a PO and then get into the treasury function. This too is difficult as you may not have a choice in the final department and many people start in the credit, retail or operations department.
Doing mere certifications may not help you shift industries.
Why do you want to move to insurance/cap mkt? You can do a finance MBA even with the kind you experience you are currently getting. I would suggest that you complete CFA L1 (intl.) as that will add a lot of value to your profile and you can complete L2 while you are in MBA.
About CAT, I have seen many people taking LOP for 1-3 months before CAT. You can explore that option.
Hi,
I am a fresh mechanical engineering grad from BITS Pilani.During campus placements I got job offers from MUSigma and Praj Industries .The first was a BA profile and the second was a core mech profile.I think I am more intersted in the BA profile but I am from a non IT profile and my coding skills are non existent.Will that be a problem?Also wat kind of ppl find working at Musigma difficult?I am not talking abt der working hours.Dat is fine with me.
At Praj the pay is quite a bit more ,at least for the first year.But information abt work culture and growth in that company is very hard to come by.Can sum 1 shed sum light abt dat company?
I am from a lower middle class family and hv to pay back my education loan.Despite this I would like to work as an analyst since growth curve in this field is steeper .Wat skills make sum 1 fit or unfit for the analytics industry?And how much of atechnical expertise do u need to be succesful at it?
I will be grateful for any help that can be provided.
I don't know about either company but can tell you about the profiles.
I have seen analytics from close quarters (though I have not worked in that department). You require coding skills, but you can easily learn that. What is more important is problem solving skill. Basically you will have a lot of data and you will have a problem statement. You will have to figure out what aspects of the data can help you get answers to the problem statement. Once you know that, you will have to figure out what statistical tools (regression, correlation etc) to apply to the various fields which will give you the insights. After this initial work, you will apply coding. Coding is the least important thing in the whole process and you will easily learn that. More important are the previous 3 steps. Also, coding will be in form of instructions in the SAS/R software. It will be more like SQL queries and less like C.
In case you intend to do an MBA later in life, both would offer you equal opportunities and will add value to your profile. So, you can take up the core mech job which pays higher. In case you want to do PhD in Management, take up the analytics job.
The core mech career will also be good. In fact, from what I hear from my dad, all good engineers are moving to tech jobs and there is a huge demand for people in core jobs. I also have a cousin in a core job profile. From what I gather, there are hardships, but there is a huge growth potential in this area too. After working a couple of years, you can easily move to an operations/scm profile or pursue MS abroad.
Kindly tell me, even if I score 99.5 percentile, is any of IIM ABC going consider me??
(Got a bond with my current company for 5 years with 10 lac penalty hence except for the best business schools breaking the bond will not help ROI 
)
Profile:
10th 82%
12th 79%
dropped a year for IIT JEE preparation
next year cleared IIT JEE, took admission in IIST
B. Tech Aerospace, 6.81 cgpa 
Working for ISRO (at the time of interview 18 months as scientist/engineer working in project management profile)
Extra:
Before college:
Head Boy etc.....nothing significant
In college:
- Organised Yoga classes, blood donation camps, trips etc etc,
- Core team member for many fests (with our batch the college started, hence I had contribution in instituting all the fests and many clubs but a very few certificates to prove it, we never thought about certificates 😞 ),
- Manufacturing team lead for a student designed rocket
- 2 technical internships and 1 management based internship (in Antrix) and in various centres of ISRO
- Final year project in productivity improvement on shop floor for a ISRO unit.
After college:
- Helped my cook to start his own business (a small canteen where in I and a friend of mine acted partially as VC, as a govt servent not allowed to own a business hence may not be even useful 😞 )
- Learning Russian
I am looking for a no. any percentile no. as long as it ensures a fair chance of me getting selected in ABCL.
I understand even 100 doesn't guarantee that, but some thing must be there which I can do to make amends, for a fair chance that's all. Ready to do whatever it takes. (My friend at IIM A straight away told me, better to concentrate on FMS hence quite worried, so much of hard work all for nothing 😞 )
Please looking for your guidance
Sir,
I am having problem to decide about my future. I am studying in 4th year electrical engineering. I got a job as a engineer projects ( Campus ) would be joining in October 2012. Before joining I want to study any course that would benefit me most. I want seniors help in this regard. My choices are-
1. Six sigma green belt certification.
2. Sap BI
3. Oracle Functional
4. Or any other that you think is right.
Thanks
deep
well i am in the final year of my engineering . I have been placed in TCS as an ASE. Also I gave CAT this year. Dint get what i actually expected though. And now am struck between 2 options
1. Join TCS, get some experience nd appear for CAT yet again. or
2. Join MBA@IIT-Roorkee. I don't have any other option 😞
For::
1. I'll get some money.. Being a fresher money lures me :P. Get some corporate exposure as well
2. CATs are highly unpredictable. I am not sure I can get even the same score again
Against::
1. TCS is known for keeping new recruits on bench.. that means practically no work.. So the experience would be only on papers.
2. Now here is whats bugging me the most. One of my seniors joined IIM-C last year . He felt he was the odd one out there, All others either had corporate experiences, or social services in their profiles... So now I am worried is the same going to happen to me
Anyways suggestions wanted... :)
Hello everyone,
I am working in Power sector for almost 2yrs with average CTC of 13 lakhs. I don't hate my job, but I was thinking of doing an MBA to boost my career. I have good academic records and good performance in my job. I am interested in the finance/consultancy sector. I have IIMB/IIMC on my target list. My queries are:
1. What is the best experience for an mba in finance from top IIMs? I was targeting 4yrs exp since after that I will be able to obtain a study leave from my current job.
2. What sort of CTC and profile should i expect post mba? At present levels, I can get a CTC of 40 lakhs in India after a work ex of around 10-15 years in Power sector. So is MBA going to be a good deal?
3. Would it be difficult to study after being not in touch with studies for 3/4yrs?
4. Lastly can being 25/26 yrs old in a B'school be not a good experience ? 
Please reply guys/gals.
well i am in the final year of my engineering . I have been placed in TCS as an ASE. Also I gave CAT this year. Dint get what i actually expected though. And now am struck between 2 options
1. Join TCS, get some experience nd appear for CAT yet again. or
2. Join MBA@IIT-Roorkee. I don't have any other option 😞
For::
1. I'll get some money.. Being a fresher money lures me :P. Get some corporate exposure as well
2. CATs are highly unpredictable. I am not sure I can get even the same score again
Against::
1. TCS is known for keeping new recruits on bench.. that means practically no work.. So the experience would be only on papers.
2. Now here is whats bugging me the most. One of my seniors joined IIM-C last year . He felt he was the odd one out there, All others either had corporate experiences, or social services in their profiles... So now I am worried is the same going to happen to me
Anyways suggestions wanted... :)
Depends on lot of factors...what percentile u were expecting and what u got..how was ur performance in mockcats..also how good is ur past academic record...
in case u feel ur mockcats performance was good and past acads are good u shd try it out next year...
Dont worry abt tcs keeping on bench..lot of these ppl make it to IIMs..think this way being on bench u will get plenty of time preparing for CAT..
It is not neccessary to have prior experience before joining a bschool....
Sir,
I am having problem to decide about my future. I am studying in 4th year electrical engineering. I got a job as a engineer projects ( Campus ) would be joining in October 2012. Before joining I want to study any course that would benefit me most. I want seniors help in this regard. My choices are-
1. Six sigma green belt certification.
2. Sap BI
3. Oracle Functional
4. Or any other that you think is right.
Thanks
deep
go for such a thing which will be useful in ur job which ull be joining in october, in case u want to make a career over there...if u want to complete MBA/GRE u can devote ur time accordingly towards these...
I am completely unaware of the options uve given..however i feel six sigma can be good...
Hi,
I am a fresh mechanical engineering grad from BITS Pilani.During campus placements I got job offers from MUSigma and Praj Industries .The first was a BA profile and the second was a core mech profile.I think I am more intersted in the BA profile but I am from a non IT profile and my coding skills are non existent.Will that be a problem?Also wat kind of ppl find working at Musigma difficult?I am not talking abt der working hours.Dat is fine with me.
At Praj the pay is quite a bit more ,at least for the first year.But information abt work culture and growth in that company is very hard to come by.Can sum 1 shed sum light abt dat company?
I am from a lower middle class family and hv to pay back my education loan.Despite this I would like to work as an analyst since growth curve in this field is steeper .Wat skills make sum 1 fit or unfit for the analytics industry?And how much of atechnical expertise do u need to be succesful at it?
I will be grateful for any help that can be provided.
Dude ur from BITS Pilani..have faith in our alma matter..BTW ur analysis is right i would suggest you to join Mu sigma as BA..Many non-computer science students joint IT and do very well..Most companies like infy tcs give training before actually dumping fresher with a job...in all likelihood ull be trained..Coding can be learnt easily...
Praj is a small company..Rakesh Jhunjhunwala's stake is present in the company...i dont know about this much...
Finally i m sure u would want to go for MBA/GRE after working for 2-3 years...have this idea also in mind..
😞 pardon my reposting, it seems it has irked some puys, so removing it.
hello friends i am in a bit of a fix please help me with your guidance the thing is that i graduated in 2010 and have 6 months work ex after that dropped a year for mba and various exams mba exams weren't good but got thrre govt jobs one in the income tax dept one in lic and one in state bank of india
now the profile that i have been offered in sbi is that of probationary assistant manager.
My main aim is MBA in finance from a very good college like iim calcutta my acads are not very good but ok.
My question is after 2 years of work in sbi will my work ex be treated differently from the generic it work ex as this job comes in the junior management grade scale and will my work ex lead to enrichment of my overall profile
class 10th-84
class 12th-70.6
b.tech-62.16
My question is after 2 years of work in sbi will my work ex be treated differently from the generic it work ex as this job comes in the junior management grade scale and will my work ex lead to enrichment of my overall profile
class 10th-84
class 12th-70.6
b.tech-62.16
No , your work ex wont be treated differently :).,.. But as such there is no generic rule for considering work ex , its relevant for some firms and irrelevant for others
So dont worry , go ahead . prepare well for CAT atb
No , your work ex wont be treated differently :).,.. But as such there is no generic rule for considering work ex , its relevant for some firms and irrelevant for others
So dont worry , go ahead . prepare well for CAT atb :thumbsup:
what i meant is that will this management work ex will be treated as relevant work ex and also help me to justify my gap
RETRIBUTION Sayswhat i meant is that will this management work ex will be treated as relevant work ex and also help me to justify my gap
Yes why not it will be buddy , Quality and Quantity both matter
So work well , learn from your experience and share it when they ask you about it in PIs
Be honest and truthful about your answer .. No need to justify , just mention what you did , why you did and how you tried again to fulfill your dreams
ATB