This is my first post here..need help!
Took my GMAT today scored 740 Q50 V39. I am a Civil engineering graduate from India and have already done my 2 yr full time MBA from Indian Institute of Management, Ahmedabad (IIMA, ranked 11th in FT Global MBA Rankings 2012). Now please dont laugh.. i know many Indians think IIMA is the last frontier. But I need to explore further..
I have 4 yrs work experience - 1.5 years in designing structures for Oil & Gas Industry and 2.5 years in corporate finance division of one of India's leading private sector banks. Have above average grades, got scholarship in engineering, ranked 3rd, then ranked in top 50 at IIM Ahmedabad..
I am currenntly focussing on specialised Finance course like Msc Finance etc, at LBS, Warwick, Imperial, HEC etc. Dont want to do another MBA and spend too much.. want to settle in Europe
Any sugesstions are welcome..please help me out
If your focus is on specialized finance programs, then your intention to go abroad and do a course is well founded even after IIM-A. However, I must warn you that:
1. Your GMAT score isn't all that great for a fin program - I read that Oxford Said MFE program has an average GMAT score of 750, which means for an Indian applicant a 750+ with a perfect quant score will be a must. You may wish to retake your GMAT. Typically, people take the GRE instead for Masters programs as the ability to get a perfect quant score there is generally highr
2. Acceptance rates at Finance programs are lower than that at MBA programs - so be ready for that. Princeton's MiF program accepts only 5% of applications - ACCEPTS, not ENROLLS.
3. Masters in Finance also costs a lot of money - Princeton's MiF costs $42K in tuition alone per year, which is comparable to say the $49K Darden charges per year for its MBA program.
4. Finding a job in Europe, even with a MSc Finance will be tough given the visa issues. Also, if you want to ensure you work in Europe, don't look beyond the LBS and Oxford programmes
Hope this is helpful.
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