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An MM now or wait for real MBA??? PLEASE HELP

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An MM now or wait for real MBA??? PLEASE HELP [#permalink] New post 07 Mar 2012, 00:29
Hello,

I'm in a (possibly) unique situation. Do Help!

I've applied to both Fuqua's MMS program and the LBS MiM program. I've got admitted into the Fuqua one and have an interview with MiM (which I'm sure I'll crack). Here's where is my major dilemma. The job markets in finance are weird in India and undergrads (I know mine is a masters degree but it is for all intents and purposes an integrated undergrad course that I came to right after high school) are not taken into roles in the front office in finance, which is where I want to make a career for myself. Also moving internationally is not an option because of the stricter visa laws that have come into place and I've been trying like a fiend to get that international experience.

Essentially my problem of choice is that I stay back home (either get a job in finance or work for a startup handling business development and finance) and then apply again for an MBA a 3/4 years down the line. Or I take up the Fuqua program for a year, gain international experience and break into the US geography. If I do take the second option, it'll be purely for breaking into a new geography, getting practical academic exposure and getting a job. But there also is the fact that I'll already have two masters degrees (after the Fuqua degree) and the possible overlap of curriculum with an MBA program, which might make it much more difficult to get into an MBA program later. I need help/advice/insights on how to proceed and what to do.

So my questions are essentially is the MM+4/5yrs of Work Ex+MBA (should I want to do one later on) is really that hard a sell? I'm guessing there'll be quite a few people like me from now/in the near future given that the more prestigious MM program (such as Fuqua MMS/LBS MiM) were started 3-4 years back. So realistically what are the chances if breaking in to a good MBA program with an MM in hand? And will international exposure gained from the pre-experience program be not worth it/won't be of value add?

I'd be grateful if you reply with your insights (I know it's a personal decision to make but want expert insights to ensure that I make the most informed choice)

Manoj
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Re: An MM now or wait for real MBA??? PLEASE HELP [#permalink] New post 14 Mar 2012, 12:37
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maverickmj wrote:
Hello,

I'm in a (possibly) unique situation. Do Help!

I've applied to both Fuqua's MMS program and the LBS MiM program. I've got admitted into the Fuqua one and have an interview with MiM (which I'm sure I'll crack). Here's where is my major dilemma. The job markets in finance are weird in India and undergrads (I know mine is a masters degree but it is for all intents and purposes an integrated undergrad course that I came to right after high school) are not taken into roles in the front office in finance, which is where I want to make a career for myself. Also moving internationally is not an option because of the stricter visa laws that have come into place and I've been trying like a fiend to get that international experience.

Essentially my problem of choice is that I stay back home (either get a job in finance or work for a startup handling business development and finance) and then apply again for an MBA a 3/4 years down the line. Or I take up the Fuqua program for a year, gain international experience and break into the US geography. If I do take the second option, it'll be purely for breaking into a new geography, getting practical academic exposure and getting a job. But there also is the fact that I'll already have two masters degrees (after the Fuqua degree) and the possible overlap of curriculum with an MBA program, which might make it much more difficult to get into an MBA program later. I need help/advice/insights on how to proceed and what to do.

So my questions are essentially is the MM+4/5yrs of Work Ex+MBA (should I want to do one later on) is really that hard a sell? I'm guessing there'll be quite a few people like me from now/in the near future given that the more prestigious MM program (such as Fuqua MMS/LBS MiM) were started 3-4 years back. So realistically what are the chances if breaking in to a good MBA program with an MM in hand? And will international exposure gained from the pre-experience program be not worth it/won't be of value add?

I'd be grateful if you reply with your insights (I know it's a personal decision to make but want expert insights to ensure that I make the most informed choice)

Manoj


Hi, Manoj. You're right that these are new programs but the concept of Indians attending post-undergrad commerce/management degrees and then working for a few years before attending top global MBA programs is an old one. I see no problem with this path for you. Obviously, you will have to prove when you apply for the MBA in the future that you are ready for it and have specific learning goals for the program that exceed what you covered in the MiM course, but assuming that you grow your career and responsibilities, you will certainly have bigger management and operations questions in the future than you have or could really grasp now.
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Re: An MM now or wait for real MBA??? PLEASE HELP [#permalink] New post 14 Mar 2012, 14:32
Hi Jennifer,

Thanks so much for getting back to me. I was leaning a bit toward going to Fuqua this summer and seeing things out from there as it gives me access to new and great resources as well as geographies. So your reply was encouraging to that effect. I was only wondering if you could clarify one more thing (You have already, I'm just checking in again, to be sure).

I will in June get a Masters in Economics (M.A.) and then an M.Sc. in Management from Fuqua, so that will be two Master's degrees. Assuming the career progression and need for an MBA as responsibilities grow in years after the MiM, will my case become a non-starter for the M7/top 10 MBA programs because I'd seem like a degree chaser. Also I've read how people with MBAs applying to the top programs are at definite disadvantage. Now I know mine is not an MBA but it is two Masters degrees, and if that becomes a non-starter then I really have to evaluate options more closely.

Your reply will help a lot. Thanks again in advance,

Manoj
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Re: An MM now or wait for real MBA??? PLEASE HELP [#permalink] New post 19 Mar 2012, 21:54
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maverickmj wrote:
Hi Jennifer,

Thanks so much for getting back to me. I was leaning a bit toward going to Fuqua this summer and seeing things out from there as it gives me access to new and great resources as well as geographies. So your reply was encouraging to that effect. I was only wondering if you could clarify one more thing (You have already, I'm just checking in again, to be sure).

I will in June get a Masters in Economics (M.A.) and then an M.Sc. in Management from Fuqua, so that will be two Master's degrees. Assuming the career progression and need for an MBA as responsibilities grow in years after the MiM, will my case become a non-starter for the M7/top 10 MBA programs because I'd seem like a degree chaser. Also I've read how people with MBAs applying to the top programs are at definite disadvantage. Now I know mine is not an MBA but it is two Masters degrees, and if that becomes a non-starter then I really have to evaluate options more closely.

Your reply will help a lot. Thanks again in advance,

Manoj


Jennifer is out for a few days, but the popularity of these programs in the US is fairly new. To the exend I have asked admissions committee members about pursuit of an MBA several years after an MiM, they appear open to the idea, but they will also probably want to know why you need an MBA given your MiM (and Masters in Econ). If you can make that case and are otherwise well qualified, the MiM shouldn't hurt you. Realize that if you can't make the case, you may simply not need an MBA.

Best,
Linda
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Experts publish their posts in the topic An MM now or wait for real MBA??? PLEASE HELP maverickmj 2 07 Mar 2012, 00:30
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Experts publish their posts in the topic An MM now or wait for real MBA??? PLEASE HELP maverickmj 5 07 Mar 2012, 00:29
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An MM now or wait for real MBA??? PLEASE HELP

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