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37 year old chemical engineer(12 yrs exp) confused about MBA

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37 year old chemical engineer(12 yrs exp) confused about MBA [#permalink]

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New post 20 Feb 2017, 02:54
Hi there,

I am a 37 year old chemical engineer from the oil and gas industry with around 12 years of core engineering experience (national+international).

I reside in India ,and given the recent oil and gas recession, I am thinking abut an MBA. I aspire to get a full time MBA from a good school.

Can someone suggest me as to what kind of MBA would be a good fit. Would it be good to try for a 1 year course at a school like Insead or would it be good to try for a 2 year MBA at American Ivy leagues like Stanford HBS etc?

Given that I wish to change sector, I believe a 2 year MBA would be good. Is that correct?

My confusion comes from the fact that given no management background I might find it tough during a 1 year MBA (with a compressed syllabus) and might find to change the sector(lack of internship). Are these apprehensions correct enough or am I being too paranoid?

A request to pour in your suggestions please :)
regards
Anand Iyer

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Re: 37 year old chemical engineer(12 yrs exp) confused about MBA [#permalink]

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New post 19 Mar 2017, 23:02
I would say go for it. You have a solid background and experience.

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Re: 37 year old chemical engineer(12 yrs exp) confused about MBA [#permalink]

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New post 22 Mar 2017, 03:32
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Hi Anand,
Kudos to you for deciding to pursue an MBA at this stage. There is no particular age to pursue it, however, there are financial realities you need to face. If you can manage to stay out of work force for 1-2 years, then hey MBA is a very good option.

Regarding 1 year v/s 2 year. I would recommend google this issue and read the top 10 articles. I found this article quite good.

http://www.topmba.com/why-mba/faculty-v ... ple-answer

Personally, I would recommend doing a 1 year or even doing an executive MBA. You will have the least opportunity cost and will not be out of work force for long. Lack of internships do matter specially when you do not have any work ex in the respective country. But since you do have some international experience I think you'll be fine. Furthermore, I have seen my peers in Ivey Business School, Canada who have successfully secured a job without an internship.

Since you do not have business and management education background, there will be a steep learning curve but nothing that you cannot manage in 1 year compressed work load. Hope this helps. Please shoot any other questions that you may have.
Good Luck!
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37 year old chemical engineer(12 yrs exp) confused about MBA [#permalink]

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New post 30 Mar 2017, 01:49
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Hi Anand
It's the same situation with me.

I am 36 yrs old working as Structural analysis Engineer (Aerospace). I have 11 yrs of experience after my Master's. Through out my career I have been a Engineer. I am struck in my current job as only Engineer :(
All my friends who studied with me , are now Team leads and project leads/Managers in different organisations in India.

I am thinking of MBA now. I have been re-searching through all this for 4 months now.
I will try to share with you my opinion.
Now coming to your question, it depends on how much you are able to spend/invest on your MBA? considering your Family circumstances.

Full-time MBA in most business schools is a 1 year program.
On the other hand, Executive MBA is for the working professionals.
If you are moving to US or Canada to do MBA, then you should go for full-time MBA. Couple of reasons for this. To do Executive MBA , you might need a job in that country. Moreover Executive-MBA is mostly a 2 year program with classes during the weekends.
Not only that, Full time MBA will provide you an opportunity to attend various workshops/guest lectures/Business education tours-industry visits/networking with business leaders & alumni. You will miss certainly some of these things in executive MBA or part -time MBA or online MBA.

Also if you are looking for MBA's in top b-schools, GMAT is a must (score of 650 and above preferable to be considered for admission). Not only that, top b-schools charge a very hefty fees. Damn tough competitions will be there for available scholarships. Scholarships are mainly based on our profiles.
If someone got an excellent promotion to managerial level within short period of time in his/her work, they have a very fair chances for scholarships.

Finally, I would say it's purely your choice based on your situations/circumstances.


Regards
Balakrishnan






kingking wrote:
Hi there,

I am a 37 year old chemical engineer from the oil and gas industry with around 12 years of core engineering experience (national+international).

I reside in India ,and given the recent oil and gas recession, I am thinking abut an MBA. I aspire to get a full time MBA from a good school.

Can someone suggest me as to what kind of MBA would be a good fit. Would it be good to try for a 1 year course at a school like Insead or would it be good to try for a 2 year MBA at American Ivy leagues like Stanford HBS etc?

Given that I wish to change sector, I believe a 2 year MBA would be good. Is that correct?

My confusion comes from the fact that given no management background I might find it tough during a 1 year MBA (with a compressed syllabus) and might find to change the sector(lack of internship). Are these apprehensions correct enough or am I being too paranoid?

A request to pour in your suggestions please :)
regards
Anand Iyer

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Re: 37 year old chemical engineer(12 yrs exp) confused about MBA [#permalink]

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New post 17 Apr 2017, 22:30
I am afraid that you will be accepted in MBA program at this age normally after this much experience people opt for EMBA even if you go through average age bracket of MBA students there are hardly 5% of class who are 35+
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37 year old chemical engineer(12 yrs exp) confused about MBA [#permalink]

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New post 18 Apr 2017, 06:21
kingking wrote:
Hi there,

I am a 37 year old chemical engineer from the oil and gas industry with around 12 years of core engineering experience (national+international).

I reside in India ,and given the recent oil and gas recession, I am thinking abut an MBA. I aspire to get a full time MBA from a good school.

Can someone suggest me as to what kind of MBA would be a good fit. Would it be good to try for a 1 year course at a school like Insead or would it be good to try for a 2 year MBA at American Ivy leagues like Stanford HBS etc?

Given that I wish to change sector, I believe a 2 year MBA would be good. Is that correct?

My confusion comes from the fact that given no management background I might find it tough during a 1 year MBA (with a compressed syllabus) and might find to change the sector(lack of internship). Are these apprehensions correct enough or am I being too paranoid?

A request to pour in your suggestions please :)
regards
Anand Iyer



Hi Anand,

You are on the higher side of age/ work experience, and I think breaking into Stanford/HBS is going to be extremely difficult if not impossible.

I'd suggest you look at some of the excellent Indian options such as the executive programs at the IIMs - you fit the age/WE range at these programs. European MBAs are also more open to accepting people with substantial work experience- more so if you have good international exposure and leadership experiences. ISB has recently come out with a program for working executives- check it out.

You will also need to be more realistic about your career shift- an MBA will help you gain cross functional business knowledge and make you ready to take on a business oriented role but a complete career turnaround will not be possible given your substantial skill base in a technical role. Think of it this way- you should be able to transfer the skills you have already built onto your next job.

Feel free to share your resume with me. Also have you taken the GMAT / thought about it as that would be mandatory to every program where you apply?
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37 year old chemical engineer(12 yrs exp) confused about MBA   [#permalink] 18 Apr 2017, 06:21
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