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Ask MBA Crystal Ball - Indian Candidates

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Re: Ask MBA Crystal Ball - Indian Candidates [#permalink]

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New post 15 Jul 2012, 11:24
Profile Evaluation, Please?
Nationality: Indian, Age:21 , Gender:Female
Languages known - English, Spanish,Bengali and Hindi

You win the crown for being the youngest applicant on this thread.
:-D

Warning: I might have more questions for you than answers in this post.
Hope my answers are adequate.
Quote:
College:Bachelor's In Commerce(Honours){from the top college in my country}, Specialization-Marketing, CGPA:6.69
My dissertation was published by my college and ranked first with 96%

Where does that place you in the class ranking? Top 5, 10, 20 in a batch of ...?
I was in the top 20. Not very sure of the batch size. I am from St. Xavier’s College, Kolkata. Bcom has two departments- Morning ( only boys) and Evening (Co-ed) so, estimate a 1000ish,

Quote:
I was on the executive college commerce committee/ Commerce student council, core team member of the college journal and an AIESEC-er(L-Cong Logistics head of 2009)

What did you do in that role?

Commerce Council- A lot of events. 3 years in different capacities( finance team, event head , hospitality head, Co-incharge of judges department,Head of one fest) Events included inter and intra college fests ( 3 of them- B-plan competitions, Business fests), 1 national level fests- Insignia, Corporate panel discussion- Intellegensia, and a 7 day long seminar ( this is what I was the main incharge-of). We also published our commerce journal- Youthink. So that is about-6 major event a year for three years along with a journal a year. Also organizing Industrial Visits- about 8-10 a year- again for 3 years. [You are usually put incharge of Industrial Visits only the first year as such after that you just sorta just do crisis management]. Also we maintained ties with other college across the country.

AIESEC- Organised the Local conference was the Organizing committee head of Logistics. Apart from that nothing remarkable.

Quote:
Through out college I worked part time in a finance firm and upon graduation I continue to work in the same finance firm. I now lead a team of 10. I have mainly worked in auditing .The clients I have handled include regional banks,a retail giant and a major telecom company.

This is unusual except for mandatory course requirements such as an articleship. How many hours did you work in the part-time role and for how many months/years?

First year of college I wanted to do CA. SO I cleared CPT and started my articleship. However I lost interest in CA and I was keen on marketing. But since I had a good working relation with my boss and I enjoyed frankly the money and working hours I kept working. SXC evening BCOM college is from 4;15 PM, so I worked from 10-3, Mondays-Saturdays. For about 2 years and some months.

Reason why I continued working-
1. The pay
2. I wasn’t finding any decent marketing jobs in my city. I was usually offered sale positions which I wasn’t interested in.
3. The quality of work I get to do at my firm is excellent. With any other firm I wouldn’t get the flexibility or the opportunity to work with the best companies in India. So the experience in my opinion is amazing.
4. I get to travel and I love that.



Quote:
I also own and run my own spa and salon.

For how long? How did you manage this along with your work commitments? I'm guessing this is not on a full-time basis and you have a manager + staff to take care of this. Right?


The Spa has been functional for about 8 months. Since I live very close to my SPA I go at 8:30 (before work). Set stuff up, ensure that my staff have come in, do stock checking, see if there are any major bookings, etc. Then go to work. My work gets over by 6ish (If it is not year ending) and then I go back to the Salon- Go through the books, stock, meet clients at times, talk to the staff , close it at around 8 and leave.
Yes, I do have a manager and I am always available on phone and I have a system in place which works, If I am not available my mother is and she is also involved with the Salon so she takes care of stuff when I am not around,
I do the bridals and make up for other occasions personally. Those are by prior appointment so I take a day off from work or work from home. My boss is pretty cool with that.




Quote:
I have also collaborated with a Seychelles company to import,bottle,manufacture and sell a beauty and Cosmetics line of products.(We start production in August!)

Getting more interesting now, as this would take your entrepreneurial accomplishments to a different level. Not now, but in a few months after you get the business plan off the ground and get into execution mode.

Thank you. The deal is done. Right now we are working on the website and few details regarding the patents.

Quote:
I am yet to take my GMAT. However, I am scoring at the moment in the 710-740 range in my mocks. I plan to take it on July21st.

That's be more or less around the median range for the schools you've listed.

Quote:
My concerns are-
1. My work experience duration. I am hoping the quality of my work experience and my entrepreneurship skills can help compensate.
2. Age

The multiple hats you've worn does make your profile a little different from the others. But with the data you've shared, the quality of work-ex is tough to judge. the questions I've listed earlier would be the starting point to start digging deeper.

I hope my answers are adequate . If there is something else you want to know- I ll be only to happy to answer.
Quote:
Major in marketing and get into the fashion industry ( fashion marketing)
How does this connect with your professional or entrepreneurial work so far?

Quote:

Marketing is something I fell in love with the moment we were introduced to it in college. And I have always been interested in fashion/makeup etc. I think I ll be a good fit in the industry. The marketing side of my salon and now the products is something I look into personally.
I am hoping my finance knowledge helps me as marketer. I just feel having an in depth knowledge about the finance aspect will only help me-not deter me.



Stanford, Wharton, Columbia, Booth, NYU(stern), MIT Sloan, Kellogg, Harvard( Far fetched dream). Or any other that you would suggest.

I'd have ideally suggesting waiting and building your profile for atleast a year or 2 more. By that time your international venture would've taken better shape and you'd have more success stories to talk about.

Is that an option or have you made up your mind to apply this year?

I am hoping for a fall intake-2013. I cant wait longer than that. Being honest- I am an Indian girl and I know for a fact that if I don’t do it now- I am gonna get married off and after that I don’t think I ll be able to go to the US and do my MBA.
So as much as I wish I could wait. I cant. I hope you get my point.

Thank you so much for replying.
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Re: Ask MBA Crystal Ball - Indian Candidates [#permalink]

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New post 15 Jul 2012, 11:47
euphrosyne wrote:
Hope my answers are adequate.
:

Thanks for the additional info. Yes, it does add more clarity.

The other thing I appreciate is that you've resisted the general urge (that's common on popular forums) to create a profile template and post it on 20 different threads. You've also patiently waited for a response. Thank you!

Judging by the length of your last response, it might be better to take the discussion offline.

Drop me an email [info at mbacrystalball dot com] and we'll fix up a time to talk. I'll share with you some perspectives on the options you have, if you don't have the liberty to wait for another year.
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New post 22 Jul 2012, 11:50
PaGaLGuY reinvents MBA networking

PaGaLGuY is probably the only Indian MBA portal that can proudly talk about a dedicated case study by an IIM (Indian Institute of Management Bangalore). But despite the traffic volumes and the humongous amount of content it offers (roughly 3.5 million posts, it has retained the desi flavour that attracts a fiercely loyal community of MBA aspirants, alumni and experts.

More than enough for anyone to rest on their laurels and take a breather after having completed a dream run in less than a decade, right? The pagal (crazy) guys at PaGaLGuY didn’t think so...read more
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New post 22 Jul 2012, 11:54
Learn German language to access the non-English speaking world

Learning German, French, Spanish, Japanese or any other language can give you an advantage that no technical or managerial skills can replace. The ability to connect and interact with colleagues, clients and friends from another culture is a huge ice-breaker.

After completing my MBA, I worked for a German company (in India) for 5 years. This involved frequent trips to Germany. So in the first few months after I joined, I spent several hours each day to learn basic German from Anjali Patil, a highly accomplished German teacher from the Goethe Institut.

She has been one of the most patient teachers I’ve ever come across. It’s tough to manage a bunch of over-grown brats in the corporate class, but Anjali did it with poise and elegance. The end result was, after the course, we were able to manage not only our Germany trips well, but also the numerous email chains that would often shuttle between English and German content...read more
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Re: Ask MBA Crystal Ball - Indian Candidates [#permalink]

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New post 01 Aug 2012, 01:01
Hi Sameer,

First of all congratulations on the wonderful book! It really gave me deep insight of MBA Duniya.

I need your help on my confusion in deciding to join AIM, Manila. I have an admit and schol 50% for the MBA program starting next month. I am still confused over joining.
My profile: Previous Work Ex: Btech in Biotech - 3.3 years in Intellectual Property Rights Research in healthcare and consumer goods at Evalueserve - 10 Months in Strategy Research in Healthcare and consumer goods at Grail Research - 11 Months in mix roles in family business (where my brother is already there with father and it is a small business) + a stint in attempt to launch my own start up in mHealth/Telemedicine with an already running start up where I left last week due to the issues of non-transparency by the founders.
GMAT: 720, Diplomas in French and German
Aspirations: To work in public health/government/intergovernmental programs. Also interested in entrepreneurial or academic route.
Could you suggest me some options which can be helpful and anything else that you may suggest can be helpful for me to decide?

Thanks,
Tarun
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Re: Ask MBA Crystal Ball - Indian Candidates [#permalink]

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New post 03 Aug 2012, 08:49
Are the schools in my list ideal for my intended career goals? Are there any other schools that i should consider?

Thanks!

Last edited by strangebrew on 06 Feb 2013, 15:38, edited 1 time in total.
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New post 03 Aug 2012, 22:56
Average GMAT scores: What are the MBA admission chances?

Got an average GMAT score in your recent attempt? Chances are that your ‘average score’ isn’t as average as you think it is. If Indian IT Male (and Female) Engineers score a 690 on the GMAT test (a very respectable score by global standards), we still label them as average GMAT scorers. In fact, even a 700 or 710 doesn’t seem to impress the powers that be i.e international MBA Admissions officers of the top business schools.

But statistically, that’s far from the truth. The real average score for GMAT test takers around the world is…hold your breath...Read More
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New post 03 Aug 2012, 22:58
SP Jain Global MBA (GMBA) – Dubai, Singapore, Sydney calling

The SP Jain Global MBA, as the website says, is designed for mature particpants. Their 2-year MBA designed for applicants with lesser experience has already carved a niche for itself in.

With the Global MBA (GMBA) offering, they’ve taken the SP Jain brand to an international level – literally. With cities like Dubai, Singapore and Sydney added in for good measure, the exposure is truly international.

Aditya, a current student attending the SP Jain Global MBA program describes his application experience that got him the GMBA seat...Read More
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New post 03 Aug 2012, 23:34
moneymoney wrote:
Hi Sameer,

First of all congratulations on the wonderful book! It really gave me deep insight of MBA Duniya.

Thanks, Tarun. Any specific sections or chapters that you found specifically note-worthy?

moneymoney wrote:
I need your help on my confusion in deciding to join AIM, Manila. I have an admit and schol 50% for the MBA program starting next month. I am still confused over joining.
Congrats on the admit. Wondering what was your rationale for choosing this school? Do you have any other options in hand?

moneymoney wrote:
My profile: Previous Work Ex: Btech in Biotech - 3.3 years in Intellectual Property Rights Research in healthcare and consumer goods at Evalueserve - 10 Months in Strategy Research in Healthcare and consumer goods at Grail Research - 11 Months in mix roles in family business (where my brother is already there with father and it is a small business) + a stint in attempt to launch my own start up in mHealth/Telemedicine with an already running start up where I left last week due to the issues of non-transparency by the founders.

Non-transparency...hmm...the number of partnership ventures failing due to that reason seem to be quite high. But good that you got out before things got really ugly.

moneymoney wrote:
GMAT: 720, Diplomas in French and German
Aspirations: To work in public health/government/intergovernmental programs. Also interested in entrepreneurial or academic route.

Too many things on the plate, bro. Hope your essays didn't get the Adcoms concerned about what you really wanted from the MBA.

moneymoney wrote:
Could you suggest me some options which can be helpful and anything else that you may suggest can be helpful for me to decide?
If the answer to the earlier question (other bschool offers in hand or pipeline) is 'none', then it just boils down to a 'take it or leave it' decision, right?

AIM is a good school, but the brand value isn't as universal as many of the other top programs you could have applied to. If you are averse to losing one more year and abhor the idea of going through the application process all over again, then take it up.

If not, then other options open up - like getting your storyline sorted out and applying to a new set of schools in the coming season.
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New post 03 Aug 2012, 23:36
MBA Admissions Consultants: How the best business schools view them

How many MBA applicants take the help of MBA admission consultants while applying to the top schools. If estimates from the survey conducted by Poets & Quants (P&Q), a leading & highly-respectable MBA portal, are to be believed, the numbers are astounding.

Up to one third of the applicants to the top 10 MBA programs hire MBA consultants. For the top 3 (Harvard, Stanford, Wharton), this number goes up to 50%...Read More
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New post 03 Aug 2012, 23:41
NYU Stern MBA – New York University grad turns Entrepreneur in India

The NYU Stern MBA program at New York University might be known as one of the best Finance programs in the world. And being located in the commercial capital gives it a huge advantage – career opportunities in the financial services industry with investment banks doling out the best salaries and bonuses in the business.
But NYU Stern has other strengths too, that generally get overshadowed by the ‘Finance MBA‘ label.

Anubhav Jain completed his MBA from NYU Stern. But the New York glitter and glamour didn’t hold him back. He returned back to start his own company in India. Read how NYU turned him into an entrepreneur...Read More
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New post 04 Aug 2012, 04:22
I have dropped you PM... please check..
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Management Paradise is India’s largest online management community with a strong registered membership base of over 3 lakh Management Students and Professionals.

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New post 10 Aug 2012, 10:08
managementparadise wrote:
I have dropped you PM...

No, you haven't.

But I did see the numerous other 1-line posts you've made on other GC threads...not to mention those on other sites (like the MBA Crystal Ball forum).

I hope you realise that the client who's hired you for SEO work won't appreciate your approach.
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New post 21 Aug 2012, 22:26
Pagalguy.com GMAT & MBA FAQ series for pagal guys

Pagalguy.com published an FAQ series written by yours truly for pagal guys (or puys, as the forum readers are known). It covered many basic questions that come up in the minds of applicants who have just begun their research on the best international MBA programs across the world.

Titled ‘The Mother of all International MBA FAQs’ each Pagalguy post covered common questions related to a specific topic – GMAT preparation, MBA financing, MBA essays, MBA interviews, MBA recommendations and many more...Read More
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New post 21 Aug 2012, 22:30
IIMC PGPex for Executives | 1 year MBA at IIM Calcutta

IIM Calcutta offers a 1 year MBA Post Graduate Program for Executives (PGPex) that is meant for those with many years of work-experience. It competes with IIM Bangalore and IIM Ahmedabad that have similar programs.
Just like in the case of 2-year MBA programs offered by IIMA, IIMB and IIC, the shorter MBA programs (accepting GMAT as opposed to CAT scores) compete with each other for the best students from India. Ashish Rastogi explains why IIM Calcutta (IIMC PGPex) got his vote and scored over IIM Bangalore (IIM EPGP)...Read More
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New post 21 Aug 2012, 22:32
Job interviews: Top 10 tips to keep in mind

Job interviews provide the most fertile ground to discover you are human…by making mistakes (or ‘unforced errors’ as Sania Mirza would describe them). A job interview is also the best place to discover a highly evolved species called Bosses, who use it as an opportunity to demonstrate how lowly and insignificant the rest of us are.

If you’ve been preparing for an important job interview, here are a few do’s and don’ts so that the discovery process doesn’t push you on the road to extinction...Read More
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New post 21 Aug 2012, 22:34
How to get a perfect 800 GMAT score

Aiming for a perfect 800 score on the GMAT? You aren’t the only one. There are many who want to go where few have gone before. The Big 8-0-0! Is it even possible to get a perfect 800 GMAT score? Yes, it is. And you’ll find the occasional post on GMAT preparation forums and blogs on ‘How I got the perfect 800 score on the GMAT test’ (or similar sounding euphoric accounts and debriefs).

Such posts get the maximum attention as every aspiring GMAT student and MBA applicant flocks to the discussion thread to find out the secrets to breaking the GMAT code and getting the best possible score. The rationale is – if more than one regular homo sapien without superpowers can get the perfect 800 score, why can’t I?

Here are some examples of people who got perfect scores...Read More
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New post 22 Aug 2012, 06:10
strangebrew wrote:
Hi Sameer,

Big fan of your thread on business week!

Thanks, buddy. But the action out there seems to have changed dramatically in the last few years.

strangebrew wrote:
I would really appreciate your candid feedback on my candidature for Judge Business School.

I see that you have other schools on the list too. So let's look at all of them.

strangebrew wrote:
Background: Indian Male
Age: 29 (will be 30 at the time of matriculation)

The Masters degree has taken away 2 years from the work-ex. But that's fine, because you are more qualified (and in an international setting) than your competition.

strangebrew wrote:
~6 years of Product Development & commercialization experience (2 years in telecommunications industry in India, 4 years in medical device industry in the US). Currently working as a senior engineer for a fortune 500 medical technology company in the US

Was this a highly technical role? How does this link to your post-MBA goal of getting into Biz Dev or Gen mgmt?

strangebrew wrote:
1st attempt: 690 (Q48 V36 AWA 5.5) 90th %ile
2nd attempt: 730 (Q49 V41 AWA 5.5) 96th %ile

The last line is the one that matters. And you are doing fine there.

strangebrew wrote:
-Competitive table tennis player (playing since age of 9). Captained teams at school, college, state, university and club levels and won several tournaments. Currently rated at USATT 2020 (Top 25 in the state of MN)
-USA Table Tennis (USATT) Certified Table Tennis Coach: currently coach and mentor several players at work and club.
-Leadership chair of an Asian employee resource group at work. Led and executed several initiatives toward employee engagement and retention and received award from CEO inclusion council.

I like that, bro. TT was my favourite too. Never reached the heights that you've reached, though.

strangebrew wrote:
INSEAD, London Business School, Oxford Said, Cambridge Judge, ISB

All tough ones for Indian tech applicants. So takes me back to the earlier question of what you were doing in the tech commercialisation role.

strangebrew wrote:
Are the schools in my list ideal for my intended career goals? Are there any other schools that i should consider?

Considering your target geography, you've skipped the Asia favourites and a few good ones in Australia? All good from a 'fit' angle.
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Re: Ask MBA Crystal Ball - Indian Candidates [#permalink]

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New post 22 Aug 2012, 23:34
Hi Sameer

I am relatively new to this discussion and the decision to write GMAT and go to the US for an MBA. Actually, its a decision that both my husband and I are thinking over. Only one of us will be giving it a shot. Wanted to share both our profiles so that you could give us an idea.

Giving you a very brief snapshot of my profile.

Education:
1. CFA Charterholder from CFA Institute, USA
2. MBA (Finance) from FMS Delhi - 2007. No GPA system -- First Class with 66%
3. B.E (Hons) from Delhi College of Engineering - 2005 - Distinction (79%)

Work Experience

1. Started out as MT in large private sector bank in the investment banking team, which was just being set up. Was part of a transaction involving a large financial institution. Worked here for 2 years
2. Currently working in a mid-market boutique investment bank. Have worked on number of deals, particularly on the infra side - have closed transactions across PE, Cross-Border M&A and Structured Finance
3. Have been promoted at my current workplace and have been top-rated.

Total work ex - 5 years

Extra-Curricular

1. Worked as a placement team member in both years at B-School (elected position) - key person in organizing placements for both batches (summers as well as Finals)
2. Worked as editor in Technical magazine in Engineering College
3. Worked as key organizer for Technical fest in Engineering College and have arranged sponsorships.

GMAT : Yet to take.

My goal: To move into a buy-side (PE/VC) role in a US organization. Since I already have an Indian MBA, I am not interested in ISB. If I have to take the time and money out to pursue a second MBA, it has to be a top US school - HBS, Wharton, Booth, Stern, Stanford.

Please let me know what you think.
Also, do you think it is too late to start working towards Round 2 deadlines for Fall 2013 course?

I will share my husband's profile in another post.
Thanks in advance!
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Re: Ask MBA Crystal Ball - Indian Candidates [#permalink]

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New post 22 Aug 2012, 23:47
Sameer

Continuing from my last post, please find a brief profile of my husband.

Education:


1. PGDBM (SPJIMR, Mumbai) - Batch of 2006 - GPA of 2.9/4.3
2. B.E (Electronics & Comm.) - PSG Tech, Coimbatore - GPA of 8.6

Work Experience:

1. Started as Graduate Trainee in Deutsche Bank (Mumbai) - underwent rotations in Banking & Cash Operations, Branch Banking, Payments. Quit this job in 1 year because he was not interested in the Ops portion of banking and wanted to move to investments.
2. IDFC - As a Specialist in the Project Finance side for 3 years -- significant exposure to Infra including Roads, Airports, Logistics etc. Cumulative value of transactions handled - USD 320 Mn. Exposure to a variety of instruments - senior, structured debt, mezzanine & equity products
3. Standard Chartered -- Moved from IDFC to SCB for 1 year because of relocation for personal reasons. Worked as credit analyst for Mid Markets Group.
4. IFC - Joined in Dec 2010 - Associate Investment Officer - Closed 3 transactions across various sectors such as education, logistics and manufacturing with a total deal value of USD 150 Mn.

Extra Curricular:

1. Organized placements for a large batch size in MBA for internships
2. Organized Social Impacts Award in B-School for the first time
3. Key member of Photography Club in engineering college - won awards and organized events
4. 6 weeks work with Azim Premji foundation
5. Avid Current Affairs enthusiast, with an opinion on most issues.


GMAT - Yet to take

Thanks in advance.
Re: Ask MBA Crystal Ball - Indian Candidates   [#permalink] 22 Aug 2012, 23:47

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