I am a MBA aspirant from India. I am a B.E.(Computer Science) with 5.5 years of working experience. My gmat score is 710 and I am looking for good B-School options in US. I have been involved with a NGO where we used to spread awareness about AIDS. I was always involved in extra curricular activities like sports and politics. I am a worked of a national political party and I have even managed election campaigns of district level. The real problem I am facing is I am not able to decide
1. Wether I should apply to top 10 and wether taking admissions in top 10 and paying a fee of around $200,000 is worth?
2. I want to go to finance field and so not sure what are the colleges that are good in finance but they also admit people from IT background?
The answers to your questions are:
1. Whether I should apply to top 10 and wether taking admissions in top 10 and paying a fee of around $200,000 is worth?You need to assess your present financial commitment for MBA and calculate your Return on Investment as your main area of concern is if $200,000 is worth putting into. You are possibly the best person to answer this as you need to be clear on what exactly you will do after MBA and how much that will help you make financially. Then you may come up with the conclusion if putting in money of that order makes sense to you or not.
However, you should try to maximize your chances and your spread your target list to top 30 rather than restricting to only top 10 as top 10 are highly unpredictable and extremely competitive.
2. I want to go to finance field and so not sure what are the colleges that are good in finance but they also admit people from IT background?Schools that are good in finance coursework are NYU, Columbia, Harvard, Wharton, Kellogg (though they may not be reputed as schools that are exclusively known for finance but going to them will help you get into whatever domain you wish to change to)
Practically schools would want to see finance experience on your CV to admit you to MBA in case you wish to pitch in stating that you want to move to finance. Your application strategy to get into on of them should be to state your short term goals and long term goals in alignment with your past professional experience.
Feel free to email me if you need more information.
With Best Regards,
GMAT - 740: Work Ex - 9 years: MBA - HEC,Paris (Top European B - School)
Grad - Top 20 College in Asia