I am a engineering graduate and MBA aspirant, I have few questions in my mind-
1) I am a fresher now and at the time of admissions in the 2014 I will be 1 yr experienced in IT. Does this affect my chance of getting admissions in top B-Schools ( assuming I get more than 700 in GMAT)
P.S- Heard lot of people who apply to MBA or GMAT are more experienced in the industry.
2) Do I get scholarship from top B-Schools, because I heard there will be no scholarship for the MBA( through GMAT)
P.S- I would like to do my MBA in Information technology management. ( please suggest some top colleges for me to check out their sites)
A lot of it depends on what schools you are targeting. 1 year of experience will put you at a disadvantage for most of the top schools. For example, the average matriculating MBA student at Fuqua is 28 years old. Most top schools fall within the 26-28 year age group.
I suggest you spend more time reading and researching on the forums, wait a few years and really strengthen your resume/application profile.