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Are you ready for an MBA abroad?
By Sameer Kamat
Once you have figured out how the international MBA process works, you will have to evaluate whether studying an MBA abroad will be the right thing for you. When you ask other MBA applicants why they want an MBA, their answers may range from the need for financial growth (more money in their bank accounts) to professional development (breaking the glass ceiling) and everything in between. When you try to dig a little deeper (as any top b-school admissions process worth its iodized salt is bound to do), the confidence starts wavering a little. That’s a clear indication that the candidate hasn’t done the necessary homework before applying to an MBA abroad.
One of the key reasons for this lack of preparation is the common misconception among Indian applicants that the only challenge for them is to target the highest ranked b-school and to focus their entire energy in getting in.They assume that once they are in, the MBA system will help them in crystallizing their goals and magically lay out the road map to get there. Admission officers are very cautious about this line of thinking. The whole admissions process is designed to identify and weed out such candidates. In fact, according to a recent international survey, Indians are more likely to be rejected from top b-schools. So it’s important to approach it in a structured manner.
Stage 1: Introspection
No matter what you’ve read on websites and discussion forums, the rationale for pursuing an MBA for the thousand other candidates you’ve read about may not apply to you. Your profile is unique (yes, even if you are competing in the extremely competitive IT/Male/Engineer applicant pool). Your aspirations are unique. Each MBA program, irrespective of how similar it may sound on paper, is unique. Your real challenge is to go beyond the generic reasons (like more money and professional growth) and identify the linkage between the following three aspects.
1. Where are you right now?
2. Where do you want to be?
3. How will an MBA get you there?
Question 1 is relatively easy to answer. Questions 2 and 3 are trickier. After all the serious thinking, if you are still struggling with the answers, maybe the MBA is NOT right for you at this stage. Maybe it’s about timing. Maybe it’s about how you define the return on investment. Maybe you need to spend more time understanding different industries and roles to be able to link it back to questions 2 and 3, before giving up the thought of pursuing an MBA.
On the other hand, if you get the answers to these questions right and can convince yourself and the rest of your neighborhood (including your inquisitive gardener) in simple and logical terms, you have won half the battle. You are now ready to move on to the next stage.
By Sameer Kamat
Once you have figured out how the international MBA process works, you will have to evaluate whether studying an MBA abroad will be the right thing for you. When you ask other MBA applicants why they want an MBA, their answers may range from the need for financial growth (more money in their bank accounts) to professional development (breaking the glass ceiling) and everything in between. When you try to dig a little deeper (as any top b-school admissions process worth its iodized salt is bound to do), the confidence starts wavering a little. That’s a clear indication that the candidate hasn’t done the necessary homework before applying to an MBA abroad.
One of the key reasons for this lack of preparation is the common misconception among Indian applicants that the only challenge for them is to target the highest ranked b-school and to focus their entire energy in getting in.They assume that once they are in, the MBA system will help them in crystallizing their goals and magically lay out the road map to get there. Admission officers are very cautious about this line of thinking. The whole admissions process is designed to identify and weed out such candidates. In fact, according to a recent international survey, Indians are more likely to be rejected from top b-schools. So it’s important to approach it in a structured manner.
Stage 1: Introspection
No matter what you’ve read on websites and discussion forums, the rationale for pursuing an MBA for the thousand other candidates you’ve read about may not apply to you. Your profile is unique (yes, even if you are competing in the extremely competitive IT/Male/Engineer applicant pool). Your aspirations are unique. Each MBA program, irrespective of how similar it may sound on paper, is unique. Your real challenge is to go beyond the generic reasons (like more money and professional growth) and identify the linkage between the following three aspects.
1. Where are you right now?
2. Where do you want to be?
3. How will an MBA get you there?
Question 1 is relatively easy to answer. Questions 2 and 3 are trickier. After all the serious thinking, if you are still struggling with the answers, maybe the MBA is NOT right for you at this stage. Maybe it’s about timing. Maybe it’s about how you define the return on investment. Maybe you need to spend more time understanding different industries and roles to be able to link it back to questions 2 and 3, before giving up the thought of pursuing an MBA.
On the other hand, if you get the answers to these questions right and can convince yourself and the rest of your neighborhood (including your inquisitive gardener) in simple and logical terms, you have won half the battle. You are now ready to move on to the next stage.
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