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Masters in management or job hunt

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Masters in management or job hunt [#permalink] New post 28 Feb 2013, 10:07
Hey guys. I'm in a tough situation as I can't decide whether to pursue a masters degree or enter the work force.

I graduated April 2012 (im from South east Asia) and made the terrible mistake of taking it easy for a few months (absolutely regretting it now). I then had a 3-month stint in Europe doing volunteer work with AIESEC. Came back home end of December. I was set on pursuing grad school so I started applying and now I've had admits from some second-tier b-schools in the UK.

Honestly I think I can do much better than those lower-tier schools. I didnt apply to The top-ranked programs because i didnt want to take the GMAT back then. But now I'm thinking I don't want to waste money on a second-rate program and so I'm willing to study and take the GMAT. I think I can i get a pretty good score. But obviously it's too late for me now for the 2013 intake..

I'm looking to get into a graduate scheme for general management (interested in marketing and strategy though). Right now, I can't get into any of these schemes because my undergraduate degree is a bit of a hybrid course (European Studies+international business) and employers don't understand it. My almost 1 year of inactivity also looks quite terrible on my CV... Really kicking myself for it now :( so I don't know if I can get a good job right now...

So I'm looking to get a masters now to further my qualifications. But without any work experience (just 1 summer internship), will my Masters degree have any value after I've graduated? Or will that over qualify me for fresh graduate schemes?

So my dilemma is... Enter a second-tier Masters in Management program this 2013 or gain work experience (if i manage to find one) while studying for the GMAT so I can get into a better school for the 2014 intake?

Thanks for any help!!!

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Re: Masters in management or job hunt [#permalink] New post 28 Feb 2013, 10:24
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I would find meaningful employment and apply for intake after 3-4 years of work experience...especially since you've got that one year gap on your resume. Sounds way too early for you to be applying to a top-tier program for matriculation in 2014.

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Re: Masters in management or job hunt [#permalink] New post 28 Feb 2013, 20:13
Hi CobraKai,

Thanks for the reply! Actually the programs I'm apying to are MSc or MA. They don't require professional experience and usually they only accept candidates with 0-2 years of professional experience, so it's a pre-experience course.

I was thinking if adding a year of work experience would strengthen my CV enough to get me in the top-tier programs or if I should just go take the lower-ranked programs.

I'm mainly concerned with career prospects. Right now it doesn't look very good because of my undergraduate degree so taking a masters in management would definitely add to my qualifications. I can probably get a mediocre job, but not the management trainee position I really want.

So the decision is... Get a mediocre job, study for GMAT and apply for top tier programs for 2014 OR pursue the masters degree in a second tier school this 2013 and apply for good jobs after? I don't want to waste another year :(

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Re: Masters in management or job hunt [#permalink] New post 01 Mar 2013, 15:51
Hazyeyes wrote:

So the decision is... Get a mediocre job, study for GMAT and apply for top tier programs for 2014 OR pursue the masters degree in a second tier school this 2013 and apply for good jobs after? I don't want to waste another year :(

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Ah, okay. I would go for top tier in 2014 - you only get to do this once, and in the long run, a top tier degree should help out much more than a second tier degree now. In the longview, one year is not long to wait to start your masters.

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Re: Masters in management or job hunt [#permalink] New post 12 Mar 2013, 04:58
Hazyeyes wrote:
So the decision is... Get a mediocre job, study for GMAT and apply for top tier programs for 2014 OR pursue the masters degree in a second tier school this 2013 and apply for good jobs after? I don't want to waste another year :(

Really appreciate this decision, it can also help you to build skills with work experience. Best of luck from me!
Re: Masters in management or job hunt   [#permalink] 12 Mar 2013, 04:58
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