My name is Srinivas Karthik.I have around 2 years of working experience in IT industry.I am currently working in bangalore.Recently a very close friend of mine and I were having a discussion, and we started planning for an MBA in a B-school or at least a top university.BTW I wanted to be an MBA anyways but I was thinking I would do it after 5-6 years of my professional career but my friend's argument and point was that things like MBA in premium B-schools and preparing for CAT/GMAT might not go according to the plan after marriage and such stuff. I thought it's was valid point and thought of giving GMAT a shot.
So, I have some questions:
1.I'm an average student, considering this ans also as I'm working how much time is needed to prepare for GMAT/day and the duration of months to achieve a good score.
2.With this little 2 year experience, if I apply to Premium B-schools how are chances of they considering me.
3.Are the online resources enough for the preparation or should I look for classes else where.
Please answer my questions.I'm new to GMAT club and also a wanna be MBA. Also please give me any additional information which you think it might help me.
Welcome to GMAT Club!
1. You want to prep for 3-6 months. Doing anything longer will be very hard to sustain from the standpoing of learning vs. forgetting
2. You meet the minimum; the main concern would be - do you have enough leadership experience/potential to have a meaningful story and application examples. If you have been a coordinator or assistant for 2 years, probably not.
3. It depends. You can either get books ($100-200), In person or live course ($700-1500), or online on demand course ($60-250) or a combination of these.
Hello Guys, BB !
I am silent follower of this group but when I saw this post, couldn't help posting a reply. This is my first post to the forum.
Srinivas : Your post reminds me of my own fresher days for I too have been wanting to do an MBA since my undergrad... it has been 8 years since then and I am still aspiring (not procrastinating any more though)!
Besides what BB pointed out, here are some more points you may want to consider:
1. The most important thing that you may want to consider before starting your preparation is why you want to go to a top B school. What lures you? Is it only the pay package that is important or you want overseas experience or just wanna return back to school? MBA is a big time commitment. Just "I wanna be an MBA is not enough to keep you motivated on this arduous journey of B-school admission. As far as GMAT and GPA is concerned, these are just hygienic factors. The most difficult part of the process would be getting accepted by the AdCom.
2. Before thinking whether there are chances of acceptance at a top tier B-school, one should be introspecting whether he or she is ready to begin this program. Believe me I have worked with a lot of IIM Grads in my short tenure of 6 years at a Fortune 500 Manufacturing MNC. I used to look up to these folks with a hope of learning some new experience but was mostly disappointed. The only thing I realized was that don't they have any practical sense of the business and operations. With a prep of 3~6 months you may get into a Top 10 B-school, but without a good deal of practical knowledge and experience you may have to struggle after that for then you would only have theoretical knowledge. You may be able to be a good manager but to be a good leader is whole lot of a different ball game.
3. There are reasons why B-schools prefer experienced professionals for their programs. They want you to be well aware of the industry, hence the requirement of application essays and examples. Frankly speaking, 2 years of experience is not a good enough exposure unless you have a work-ex that spans a wide range of accountability/responsibilities/leadership roles or you already own a family business.
Last but not the least : None, but only God, can know what is going to happen 5~6 years down the line. Life is what actually happens to you when you are busy making other plans. You may not achieve your goal the way you might have planned. You will still achieve it if you really want to.
Good luck for your endeavors!