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Advise Needed with 5 plus years of experience

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Joined: 01 May 2017
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Location: India
Advise Needed with 5 plus years of experience [#permalink]

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New post 18 Oct 2017, 00:26
Hi,

I am in the cross roads of deciding a date to take my GMAT exam. Though a few icky factors are keeping me at bay and helping me to procastrinate the date of exam (to put it on a lighter tone). Let me briefly outline my profile so that it helps you in advising me better. I am a BTech : NIT / MTech : IIT with high CGPA’s in both the colleges. In college I was part of a lot of extra curricular activities starting from debate/quizzing with many accolades. I have done 2 internships in US Companies and have glowing recommendation letters from them. I joined the manufacturing sector (in a reputable company) as a techno management consultant and has been working closely for the last 5 years in taking up challenges and working on projects. Have elaborate experience in Statistical Data analysis and TQM Principles. It was a long time dream to have a MBA degree in my basket. After days of researching I have decided on choosing a career in consulting after my MBA. However I am stuck on the following issues

1. I will have to get a scholarship to do my MBA in USA/Abroad. It is not possible of me to take any Loan or self fund my MBA. With the above background how suited am I to land into an scholarship (of course assuming a decent GMAT Score)
2. I am a married person and will like to take my wife (who is dependent on me) with me when I go for higher studies. Is it possible to sustain my wife on the scholarship amount (assuming I get a free ride and a good amount of scholarship)
3. In which there is a greater chance of getting a scholarship : EMBA or Regular MBA

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Schools: Brown University, Harvard Business School
Re: Advise Needed with 5 plus years of experience [#permalink]

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New post 21 Oct 2017, 18:33
nayaks wrote:
Hi,

I am in the cross roads of deciding a date to take my GMAT exam. Though a few icky factors are keeping me at bay and helping me to procastrinate the date of exam (to put it on a lighter tone). Let me briefly outline my profile so that it helps you in advising me better. I am a BTech : NIT / MTech : IIT with high CGPA’s in both the colleges. In college I was part of a lot of extra curricular activities starting from debate/quizzing with many accolades. I have done 2 internships in US Companies and have glowing recommendation letters from them. I joined the manufacturing sector (in a reputable company) as a techno management consultant and has been working closely for the last 5 years in taking up challenges and working on projects. Have elaborate experience in Statistical Data analysis and TQM Principles. It was a long time dream to have a MBA degree in my basket. After days of researching I have decided on choosing a career in consulting after my MBA. However I am stuck on the following issues

1. I will have to get a scholarship to do my MBA in USA/Abroad. It is not possible of me to take any Loan or self fund my MBA. With the above background how suited am I to land into an scholarship (of course assuming a decent GMAT Score)
2. I am a married person and will like to take my wife (who is dependent on me) with me when I go for higher studies. Is it possible to sustain my wife on the scholarship amount (assuming I get a free ride and a good amount of scholarship)
3. In which there is a greater chance of getting a scholarship : EMBA or Regular MBA


1. The way it works with scholarships is that schools that will offer you scholarships will likely be lower ranked than schools that you can get into (after all that is the whole point o the scholarship, to entice you to get into the school). For example, let's say your profile was good enough to get you into Duke. But you can't afford to got here, then maybe a school like McCombs might offer you a scholarship. But at the same time it is harder to bank on scholarships. You might get them. You might not. What I would suggest rather is to look into programs that 1. have cheaper tuition 2. are located in places where the costs of living are lower)

2. That's more of a budgetary issue which you need to work out for yourself.

3. Regular MBA. In EMBAs more than half of the class will be sponsored. And anyways with 5 years experience, a regular MBA is more appropriate for you.


I hope this helps! Let me know if you have any other questions.

Best,
_________________

Jon Frank
Founder, Admissionado

Admissionado | Packages | Success Stories | Team

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