qli wrote:
Hi
I am an Indian + Male + IT professional ( I know i am in disadvantage). I have 6 year experience now leading a team of 6 people. My under grads are good. GMAT 710
My other activities are
1. I was finance secretary in college student council. I was responsible for the financial aspects for any student events held in the college.
2. My uncle is doctor in rural India. I helped him arrange blood donation camp in my city. He practices in a village where many people suffer from cataract. Me and my uncle helped arrange eye specialist from metro cities so that operation can be done at low cost.
3. I am regular badminton player and helped arrange intra company badminton tournament.
I have product and project management experience. I worked in US for 6 months. I have lot of client facing experience. Last year i helped my company save nearly 200000 US$ by suggesting ways of how to test the newly released software feature. After my dad retired from his job I helped him establish a construction business. Though it is a family business some of my uncles are also part of it. I helped him increase the revenue by 30% last year.
I am doing an MBA through distance learning. Though the course is good but more theoretical in nature and not much case studies. There is no scope of internship either as I am already employed. My career objective is to join a consulting firm and then move to join a venture capitalist firm. My eventual career objective is to start my own business. I registered for this MBA thinking that one year MBA will have lot of pressure and this degree will help me reduce that a bit and also two year MBA is costlier.
My question is
1. Will MBA be good for me or Master of finance to realize my career objectives?
2. Should I go for One year or two year MBA?
3. Nice if you suggest some colleges were I have a chance both for finance and MBA program?
Thanks in advance
qli,
1. In my opinion, the MBA is the more versatile degree and would therefore do a better job of getting you a consulting job and a VC job. It depends on the quality of the program too, of course. An M.F. from a good school is better than an MBA from a bad one. But an MBA is probably more appropriate for you given your goals.
2. Whether one or two years depends on how long you want to or can afford to be out of the job market. In the U.S., the two-year degree is the standard, so if you want a U.S. job, you should do a two-year U.S. MBA. If you are considering Europe, then a 1-year MBA is a respectable option. Two-year MBAs also offer you the internship opportunity which is often important for people like you who are trying to make a career change.
3. You would have a decent shot at North Carolina, Carnegie Mellon, Duke, Darden, Rochester, and perhaps Michigan (longer shot).
Good luck,