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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, 00:30
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 07 Mar 2012, 08:53
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Hi Manoj,

If you are looking to pursue an MM degree because of the knowledge you will learn and the connections you will make, then I recommend considering the program, however you should not pursue an MM degree for the purpose of improving your candidacy to a top MBA program. Top MBA admissions teams often wonder why candidates who already have Masters degrees are looking to pursue MBA programs. The last thing they want are applicants who they think are collecting degrees. To best improve your chances of acceptance into a top MBA program, look into an area you are passionate about and where you can make an impact.

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Conrad and the Stacy Blackman Team
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Re: An MM now or wait for real MBA??? PLEASE HELP [#permalink] New post 08 Mar 2012, 04:42
Hello,

Thanks for your prompt and helpful reply. I want to pursue the MM program for exactly the reasons you mentioned in the first line. Also, it's a conscious choice considering the bad economies, that niche jobs in finance are not dime a dozen and that I'll gain a good branding and international exposure.

However, my question is whether it will affect my chances negatively if I pursue this degree and later apply to an MBA program after say 4-5 years of work experience (should I choose to apply). Is it an either/or situation or both/and situation. (Especially considering that there'll be a lot of grads who've passed out of such a program and maybe want to do an MBA as well now and in the near future because it's been about 3-4 years since the Fuqua MMS and LBS MiM have started)

Your insight on this will be very helpful for me to decide my next move.

Manoj
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