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AskSouvik: Which B School to Apply | AMA|

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New post 25 Jan 2018, 12:07
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4
Most people are familiar with my story on the forum. The TL;DR version is that I applied to a bunch of schools in 2016, got rejected in most of them, and then turned it around in 2017 and got a lot of admits/interviews and such. I posted my GMAT story HERE and a brief version of my admission and application insights HERE.

Since doing these two posts, I have been getting a lot of PM's about whether the GMAT is enough or whether applying to a certain school makes sense, and honestly, I have not been able to keep up with those PM's.

So this is my attempt to set up shop for my completely non-qualified and anecdotal advice. A place where I will entertain profile evaluation requestions, school strategy and positioning, and some general unadulterated feedback.

Go ahead, and Ask Me Anything!

Edit: I have no aspirations of becoming an admissions consultant. I am playing with the idea of helping others with basic stuff like school selection and resume review, but of course it will always be free!

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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 25 Jan 2018, 12:51
Hey! thanks for taking up this tedious task.
I scored a 670 gmat! I am looking a Mim one year programs.

Do i stand a chance at LBS, LSE or NUS?
Also what other schools would you recommend? Looking for september/january intake!

Here is a little background on my profile:

Age: 21 (Indian Female)
Class 10: cgpa 10
Class 12: 94.5%
Graduation: 70% ( First division from GNDU. Accredited with A status from Naac)

Internships:
*Accountancy Intern, Sports Specialist Pvt. Limited, Jalandhar (June 2015- August 2015)
*Management Intern, Universal Sports Industry (December 2015- February 2016)

Work Experience and background:

I come from a business family and eventually want to set up my own business.
Currently working with father since first year of college (which makes it 3 part time years till this summer and another 1 full time year by the time i start my masters)
Started from the basics. worked as the manager for a year and then expanded work and set up two independent units.
Working on 2 more new projects with him on which i've worked from the scratch.

Have a decent range of curricular activities and social work. ( sports, dance, MUN's, working in an Ngo, Promoting government's skill development program)

Thanks a lot

Also a few major concerns that you may have:

1) I am looking for masters in management! that is mim! not mba! so mim is basically for freshers with zero or upto one years of work ex!
2) I am among the toppers of my college and i had a scholarship too! its a well recognised univerisity of punjab!I got an aggregate of 70%! and the highest goes upto 75% percent! The marking is pretty strict and a 70% in the light of this feels okay and not too low in my opinion!
3) NUS doesnt even state a compulsion for making a gmat! its says if you have it, it'll strengthen your profile! I got a 670! I got a 5 awa and 6 IR! i am just confused if i should take it again! ( I dont want to! )
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New post 25 Jan 2018, 15:20
Hi Souvik,

Great initiative. I look forward to submitting my profile here in the near future.
For now, let me start by posting a question that concerns a lot of candidates but yet somehow often gets ignored.
Where do you see the future of GRE w.r.t the GMAT in the coming years.

In 2017, of 50 top business schools examined by Poets&Quants, 18 saw more than 20% of their applicants submit GRE scores, up from only eight schools in 2016.

Putting aside MBB recruiting( which requires you to take the GMAT), do you think GRE will be able to catch up with the GMAT in terms of B-school admits ?

What is your perspective about the whole GRE vs GMAT conundrum?

Best
Stone Cold
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New post 27 Jan 2018, 09:55
srishti201996 wrote:
Hey! thanks for taking up this tedious task.
I scored a 670 gmat! I am looking a Mim one year programs.

Do i stand a chance at LBS, LSE or NUS?
Also what other schools would you recommend? Looking for september/january intake!

Here is a little background on my profile:

Age: 21 (Indian Female)
Class 10: cgpa 10
Class 12: 94.5%
Graduation: 70% ( First division from GNDU. Accredited with A status from Naac)

Internships:
*Accountancy Intern, Sports Specialist Pvt. Limited, Jalandhar (June 2015- August 2015)
*Management Intern, Universal Sports Industry (December 2015- February 2016)

Work Experience and background:

I come from a business family and eventually want to set up my own business.
Currently working with father since first year of college (which makes it 3 part time years till this summer and another 1 full time year by the time i start my masters)
Started from the basics. worked as the manager for a year and then expanded work and set up two independent units.
Working on 2 more new projects with him on which i've worked from the scratch.

Have a decent range of curricular activities and social work. ( sports, dance, MUN's, working in an Ngo, Promoting government's skill development program)

Thanks a lot

Also a few major concerns that you may have:

1) I am looking for masters in management! that is mim! not mba! so mim is basically for freshers with zero or upto one years of work ex!
2) I am among the toppers of my college and i had a scholarship too! its a well recognised univerisity of punjab!I got an aggregate of 70%! and the highest goes upto 75% percent! The marking is pretty strict and a 70% in the light of this feels okay and not too low in my opinion!
3) NUS doesnt even state a compulsion for making a gmat! its says if you have it, it'll strengthen your profile! I got a 670! I got a 5 awa and 6 IR! i am just confused if i should take it again! ( I dont want to! )


First off, I don't have much experience with MiM programs, so my reply will be mostly based off of common sense. I looked up the LBS MiM Class profile HERE and it seems like their average GMAT is 680 and average GRE is around 323 - those are some high numbers. So you being an Indian - I would be nervous with a 670. You mention you do not want to retake the GMAT - I am sorry, but I have to recommend retaking or recalibrating your expectations. I am not sure about NUS but it would probably be less competitive than LBS, but I would still try for a higher GMAT.

Also, Kellogg offers a 1 year MS program which probably does not require the GMAT. I saw some similar programs for Duke and Ross as well so you could explore that. But note that you should be aiming at securing employment post this degree at the geography you are graduating from - which can be a bit more competitive than a more traditional program (i.e. the MBA).
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New post 27 Jan 2018, 10:00
1
stonecold wrote:
Hi Souvik,

Great initiative. I look forward to submitting my profile here in the near future.
For now, let me start by posting a question that concerns a lot of candidates but yet somehow often gets ignored.
Where do you see the future of GRE w.r.t the GMAT in the coming years.

In 2017, of 50 top business schools examined by Poets&Quants, 18 saw more than 20% of their applicants submit GRE scores, up from only eight schools in 2016.

Putting aside MBB recruiting( which requires you to take the GMAT), do you think GRE will be able to catch up with the GMAT in terms of B-school admits ?

What is your perspective about the whole GRE vs GMAT conundrum?

Best
Stone Cold


2 things.

1. GMAT is still the norm. GRE acts as an alternative OR a way out for people who already have a GRE score.
2. GRE scores are not yet common enough (though this year most schools have published GRE averages) to be included in rankings. So few people may consider this a leeway. For example a candidate with a 680 GMAT and a 320 GRE might fare well with applying with the GRE score as US news does not factor in the GRE for rankings. This is all speculative though.

However, you bring out a valid point in terms of recruitment. In theory, the GMAT is a significantly more of a critical reasoning test than the GRE, so I do not see its appeal wearing off for consulting recruitment in the near future. Maybe the quant portion of the GRE may cover for it but at this point GRE quant is significantly simpler than its GMAT rival.
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New post 29 Jan 2018, 00:22
souvik101990 wrote:
Go ahead, and Ask Me Anything!

Hi souvik101990,

Thanks for coming up with such a initiative. Kindly suggest some schools as per my profile and requirement.
Below is a brief summary of my profile:

Name: Ankit Kaushik
Nationality: Indian
WE: 55 months (IT)
GMAT: 710 (Q-50, V-35)

Extra Curricular:
1. Participated in state level cricket and football tournaments
2. Part of sports club in Tech Mahindra (My previous organization)
3. Conducted some organization-level events
4. Frequent traveler (Traveled across 75% of India) -- not sure whether this comes under extra curricular

Academic Background:

1. B.Tech(IT)- 69.96%
2. XII- 61.6%
3. X- 90.6%

Awards & Achievements:

1. Constantly awarded top performer award
2. Certified Hadoop developer
3. Winner of several intra-organization sports events

School Preference:

I am mainly looking for a 1-year (at max 15-months) MBA program preferably in English speaking country. I am not looking for US or UK colleges as there are certain work permit related issues. I want to work in consultancy or data analytics. And as one needs to be fluent in local language to fetch consultancy jobs, so I am preferring English speaking countries. While selecting schools, I am feeling that taking GMAT is just 10% of the total effort :-). If I start taking language classes in India, will I be fluent enough to get a job?

Below are some schools that I am considering:

1. SDA Bocconi
2. HHL
3. Smurfit
4. Warwick (UK) --not sure about the Visa after graduation
5. Queen's (Canada)
6. SP Jain (India) as for ISB I've to wait till December for a decision

Based on your experience and research, you can suggest some schools if you want.

Thanks in advance.
Regards,
Ankit Kaushik
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New post 09 Feb 2018, 06:42
1
Apologies for the delayed response :/

Hi souvik101990,

Quote:
Thanks for coming up with such a initiative. Kindly suggest some schools as per my profile and requirement.
Below is a brief summary of my profile:


You are welcome

Quote:
Name: Ankit Kaushik
Nationality: Indian
WE: 55 months (IT)
GMAT: 710 (Q-50, V-35)


WE wise you are at the sweet spot. Your GMAT is a bit skewed to the quant side, which I am sure you know already. Could it work for some mid tier schools? Absolutely! Top 10-20 schools? I'd be nervous!


Quote:
Extra Curricular:
1. Participated in state level cricket and football tournaments
2. Part of sports club in Tech Mahindra (My previous organization)
3. Conducted some organization-level events
4. Frequent traveler (Traveled across 75% of India) -- not sure whether this comes under extra curricular


state level cricket is a pretty big deal. However almost all indians I know somehow have played state level cricket. I think the events are a nice touch, especially if you can quantify some of the outcomes. Why did you conduct them? Were there challenges? Did you emerge a more accomplished individual from that experience? Same questions for the sports club experience. The travel is not an extracurricular. By 75% of India, what do you mean? 75% of Indian states which is about 20 states is impressive but only so much. If you mean 75% cities (which I think you do not), that would be a great accomplishment.

Quote:
Academic Background:

1. B.Tech(IT)- 69.96%
2. XII- 61.6%
3. X- 90.6%


I hope you know this by now that your high school scores do not matter in international business school programs. Your undergraduate percentage seems on the lower end. What was your rank in your class?

Quote:
Awards & Achievements:

1. Constantly awarded top performer award
2. Certified Hadoop developer
3. Winner of several intra-organization sports events


Top performer out of? Could you say you were in the top 1%ile of your city/org/etc? The intra organisation sports event also is not really an award so to speak. I am not sure what Hadoop is, but it is great that you are certified. How difficult it is to get certified? Is it as competitive and difficult as CPA/CFA?

School Preference:

Quote:
I am mainly looking for a 1-year (at max 15-months) MBA program preferably in English speaking country. I am not looking for US or UK colleges as there are certain work permit related issues. I want to work in consultancy or data analytics. And as one needs to be fluent in local language to fetch consultancy jobs, so I am preferring English speaking countries. While selecting schools, I am feeling that taking GMAT is just 10% of the total effort :-). If I start taking language classes in India, will I be fluent enough to get a job?


That would really depend. Some EU countries are more liberal about english than others. For example, Netherlands, Blegium, and Denmark - you could get away with english. It would be an issue in Germany.

Quote:
Below are some schools that I am considering:

1. SDA Bocconi
2. HHL
3. Smurfit
4. Warwick (UK) --not sure about the Visa after graduation
5. Queen's (Canada)
6. SP Jain (India) as for ISB I've to wait till December for a decision


The schools that you have listed *should be* achievable with your profile but its hard to judge as they are not very traditional top programs. That being said have you considered the ASU MBA? It is a top 25 US MBA program and you can get an additional MS in data analytics which will STEM certify your MBA and extend your OPT for two years! And did I mention that the ASU Carey MBA fee is $0? Since becoming a fully gratis MBA, it has become more selective, but worth a shot. Also look at Foster, Seattle - it is great with Tech. So is Olin.
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New post 12 Feb 2018, 02:29
souvik101990 wrote:

The schools that you have listed *should be* achievable with your profile but its hard to judge as they are not very traditional top programs. That being said have you considered the ASU MBA? It is a top 25 US MBA program and you can get an additional MS in data analytics which will STEM certify your MBA and extend your OPT for two years! And did I mention that the ASU Carey MBA fee is $0? Since becoming a fully gratis MBA, it has become more selective, but worth a shot. Also look at Foster, Seattle - it is great with Tech. So is Olin.


Hi Souvik,

Thanks for your input. As always, you have been a great help.
However, I have missed the deadlines for ASU & Foster. Olin is 2 year MBA.
Seattle looks fine to me. Is there any chance that you know about the avg placements stats of SeattleU ?

Also, fees for ASU is not $0, its around 1lakh USD. :-)

Many thanks,
Ankit Kaushik
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New post 19 Feb 2018, 01:40
ImAnkitKaushik wrote:
souvik101990 wrote:

The schools that you have listed *should be* achievable with your profile but its hard to judge as they are not very traditional top programs. That being said have you considered the ASU MBA? It is a top 25 US MBA program and you can get an additional MS in data analytics which will STEM certify your MBA and extend your OPT for two years! And did I mention that the ASU Carey MBA fee is $0? Since becoming a fully gratis MBA, it has become more selective, but worth a shot. Also look at Foster, Seattle - it is great with Tech. So is Olin.


Hi Souvik,

Thanks for your input. As always, you have been a great help.
However, I have missed the deadlines for ASU & Foster. Olin is 2 year MBA.
Seattle looks fine to me. Is there any chance that you know about the avg placements stats of SeattleU ?

Also, fees for ASU is not $0, its around 1lakh USD. :-)

Many thanks,
Ankit Kaushik


Where did you see 100K USD for ASU? The ASU MBA program has been free for the last two years.
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New post Updated on: 19 Feb 2018, 03:12
souvik101990 wrote:

Where did you see 100K USD for ASU? The ASU MBA program has been free for the last two years.


I saw it on their website, but in course details it has been mentioned that the course is free this year too.
Sorry for the confusion. I got an admit from HHL, Germany. As I am mainly looking for 1-year MBA, I am inclined towards ESMT too.

Any suggestions on HHL vs ESMT?

Thanks & Regards,
Ankit Kaushik

Originally posted by ImAnkitKaushik on 19 Feb 2018, 02:23.
Last edited by ImAnkitKaushik on 19 Feb 2018, 03:12, edited 2 times in total.
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New post 19 Feb 2018, 02:58
souvik101990 wrote:
Most people are familiar with my story on the forum. The TL;DR version is that I applied to a bunch of schools in 2016, got rejected in most of them, and then turned it around in 2017 and got a lot of admits/interviews and such. I posted my GMAT story HERE and a brief version of my admission and application insights HERE.

Since doing these two posts, I have been getting a lot of PM's about whether the GMAT is enough or whether applying to a certain school makes sense, and honestly, I have not been able to keep up with those PM's.

So this is my attempt to set up shop for my completely non-qualified and anecdotal advice. A place where I will entertain profile evaluation requestions, school strategy and positioning, and some general unadulterated feedback.

Go ahead, and Ask Me Anything!

Edit: I have no aspirations of becoming an admissions consultant. I am playing with the idea of helping others with basic stuff like school selection and resume review, but of course it will always be free!





Hello souvik101990 , I have read all your debriefs and I would absolutely love to have your feedback on my profile.

GMAT - 760 (Q50, V44)
Gender - Male
Undergrad - IIT Patna (8.8/10 CGPA)
12th - 95.4%

WE - 8 months at Samsung , Delhi
- 2.5 months (internship) NTU, Singapore
- 3 months (internship) IIT Kharagpur

Extracurriculars :-

1) National Level Table Tennis player (Under 18 and Under 16).
2) Awards at school, college and district levels Table Tennis.
3) Youtube Channel (DIY videos of some techs and software that I explored)
4) Electronics club coordinator (2015-2016).
5) 3 research paper at IEEE conferences.

I know that without knowing my post MBA plans and other important variables that most of the schools look into, it will be very difficult to give an opinion on my profile.
However, given your experience in bschool application, I am sure that you will be able to provide me a ball park estimate of my current position.

I have three questions :-

1) I am thinking of applying for 2020 (Intake) MBA batch and will have 3 years work ex at the time joining the school. Is this strategy sound? Should I try waiting for a few more years ?

2) Indian IT Male usually have lower likelihood of getting accepted. Samsung research is pretty good, atleast in my opnion(ranks #15 in Fortune 500), however the IT background might kill my application. What all methods I can use to overcome this drawback ? Should I try changing my industry(I still have about 1.5 years left before application) ?

3) What all school should I aim for ? Please classify the schools into 3x2 (Safe , Moderate , Reach) and (Scholarship, No Scholarship) . I am thinking of either choosing top 5 or one of top 5-20 on the basis of scholarship offered.

Thank you for taking out the time to evaluate my profile. Any other thoughts on my profile are welcome.

##Please ignore any grammatical mistakes that I may have made.
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New post 26 Feb 2018, 07:32
piyush1995 wrote:
souvik101990 wrote:
Most people are familiar with my story on the forum. The TL;DR version is that I applied to a bunch of schools in 2016, got rejected in most of them, and then turned it around in 2017 and got a lot of admits/interviews and such. I posted my GMAT story HERE and a brief version of my admission and application insights HERE.

Since doing these two posts, I have been getting a lot of PM's about whether the GMAT is enough or whether applying to a certain school makes sense, and honestly, I have not been able to keep up with those PM's.

So this is my attempt to set up shop for my completely non-qualified and anecdotal advice. A place where I will entertain profile evaluation requestions, school strategy and positioning, and some general unadulterated feedback.

Go ahead, and Ask Me Anything!

Edit: I have no aspirations of becoming an admissions consultant. I am playing with the idea of helping others with basic stuff like school selection and resume review, but of course it will always be free!





Hello souvik101990 , I have read all your debriefs and I would absolutely love to have your feedback on my profile.

GMAT - 760 (Q50, V44)
Gender - Male
Undergrad - IIT Patna (8.8/10 CGPA)
12th - 95.4%

WE - 8 months at Samsung , Delhi
- 2.5 months (internship) NTU, Singapore
- 3 months (internship) IIT Kharagpur

Extracurriculars :-

1) National Level Table Tennis player (Under 18 and Under 16).
2) Awards at school, college and district levels Table Tennis.
3) Youtube Channel (DIY videos of some techs and software that I explored)
4) Electronics club coordinator (2015-2016).
5) 3 research paper at IEEE conferences.

I know that without knowing my post MBA plans and other important variables that most of the schools look into, it will be very difficult to give an opinion on my profile.
However, given your experience in bschool application, I am sure that you will be able to provide me a ball park estimate of my current position.

I have three questions :-

1) I am thinking of applying for 2020 (Intake) MBA batch and will have 3 years work ex at the time joining the school. Is this strategy sound? Should I try waiting for a few more years ?

2) Indian IT Male usually have lower likelihood of getting accepted. Samsung research is pretty good, atleast in my opnion(ranks #15 in Fortune 500), however the IT background might kill my application. What all methods I can use to overcome this drawback ? Should I try changing my industry(I still have about 1.5 years left before application) ?

3) What all school should I aim for ? Please classify the schools into 3x2 (Safe , Moderate , Reach) and (Scholarship, No Scholarship) . I am thinking of either choosing top 5 or one of top 5-20 on the basis of scholarship offered.

Thank you for taking out the time to evaluate my profile. Any other thoughts on my profile are welcome.

##Please ignore any grammatical mistakes that I may have made.


Hi Piyush,

Thanks for the PM.

Here are my thoughts on your candidacy!

Considering that you graduated in 2017, it is GREAT that you started so early and already have the GMAT out of the way. (also congrats on that amazing GMAT btw). I think your undergrad accomplishments are solid and I think your work experience sets you apart from the typical Indian IT male which is also a very welcome PLUS!

In terms of whether you should apply for the 2020 intake - yeah I think you absolutely should. That would give you 3 years of WE by the time you matriculate and I think that is more and more becoming the new sweet spot. I think some schools may frown at the limited experience (Sloan, Fuqua etc) but most schools will welcome it.

Also, read this fantastic post by aerien on younger applicants.

That said, if I were you, I would start working on building solid accomplishments at work, which I can see can be difficult in a large organisation, but can you try taking ambitious projects and deliver them with strong results? Also getting some people experience (such as managing a team, working cross functionally etc) could also get you really cool stuff to write about in your essays.

For your question about whether you should change your industry? I don't know to be honest. Do you like your current industry? If so, why would you change it? Thousands of Indian IT male apply, but not all of them have 760 GMATs and great accomplishments, so I would work more on building stronger accomplishments if I were you. Also, in a new industry you will probably be a fish out of the water at the beginning and you may not get the opportunity to make strong and meaningful impact.

In terms of schools, it would depend a lot on your post MBA goals. For vanilla goals like tech or consulting, any of the top 10-12 schools should be great. Schools end up being pretty random, so I do not recommend certain schools more than others, but because you have very strong stats, I would recommend these schools in descending order of competitiveness - Booth, Kellogg, Tuck, Ross, Stern. If you are keen on scholarship, I am a BIG fan of McCombs and they have been generous in the past, same goes for the Foster school of business. Both have amazing MBA programs with a very strong tech recruitment foundation.
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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 25 Mar 2018, 01:02
Hello Souvik,

I recently gave the GMAT and scored about 710 (Q47 V40). I'm 25 years old with 1.5 years of work experience, and have no engineering/commerce/business background. I am an English major who did a masters in public relations (which was the field I worked in for said 1.5 years), and am looking to get an MBA to pursue marketing. I am currently trying to make the switch to marketing by looking for a job that will offer me such a role to get hands on experience of the kind of work it entails.

More about my education, I scored 95% in class 10, 91% in class 12, after which I pursued one year of engineering which I later quit to study literature. In terms of extra curricular activities, I was an active parliamentary debater in college and held leadership positions. I also topped my college during my post grad in public relations.

My initial plan was to apply for ISB (batch to 2020), but I have been told that the average work ex is 4 years, and they might not look favourably at my low quant score (63 percentile) despite getting an overall 91 percentile. I am also uncertain about studying abroad since it is quite difficult for students who choose marketing to get work visas in the country of study, and recovering the cost of the MBA in India might not be a good idea.

I will be looking to retake the GMAT in the next couple of months to improve my quant score, only if ISB is a viable choice for someone with my profile. I am not sure what the preference (or lack of) is like for media/advertising students applying to ISB.

Could you advise how I should go ahead with this? Do I need to retake the GMAT and what score would help me present myself favorably to admission committees, given that I have a very unconventional profile. Do I also look at schools abroad, and which would be good schools to target? Would it be wise to apply with my current score?

Thanks!
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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 25 Mar 2018, 05:17
Hi Souvik, Great initiative you have there!!! I have a few questions which have been bothering me for a while. I hope you could guide me through as I am a novice in the GMAT realm.

I am employed in an Indian Public Sector Bank for 2.5 years. Mostly, my work is involved around retail banking. But I am more interested to pursue investment banking in the coming years. Would an MBA help me in achieving that goal? If so, how much do I need to score on GMAT to get an admit to a moderately good school? Plus, I don't have good undergrad scores, merely 65% but I have secured some certifications in the financial sector, like NISM Financial Advisor, and some more, could such certifications help improve my profile? Another thing I want to ask, would it be wise to leave a government job, as it is considered the most financially secure job in India, to pursue higher studies?

It'd be a great help if you could ping back!!!
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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 28 Mar 2018, 12:13
souvik101990. Thanks for taking this up man. Congrats on the great admits! I would like help with my resume and profile evaluation. Can you PM me your personal email id. Will send my resume and brief description of my profile to your email as I don't want to post my resume here. Thanks in advance.
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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 29 Mar 2018, 12:28
Hi Souvik!


Thanks for taking this initiative man, it'll be of great help!


Here's my profile:

Planning for 2019-20 batch, open to both one-year and two year programs. One year is preferred though.


Here is a little background on my profile:


Age: 25 (Indian Male)

Class 10: cgpa 83.2%

Class 12: 72.6.5%

Graduation: 69.3% ( BE in CSE from Panjab University)

GMAT: 690 Q47, V38.


Internships & Work Ex: 

*Infosys Ltd. (Feb '14- June '14)

*Infosys Ltd. (July '14 - Present) - 3.7 years.


 Extra Curriculars

 - Organised a lots of events at college Level.

 - Have been an entrepreneur at heart since college. Developed and flipped websites. Have invested at studied in 

   Cryptocurrencies and Blockchain. Have worked as a freelancer for some overseas clients. (Can get the recommendation

   letter from them.)

- Avid traveler and trekker. Have trekked to a few popular peaks including Mt Everest Base Camp.

- Intermediate Level Guitar player.

- Have played Cricket at college level.

- Team Lead at College Placement committee.

Concerns and Advice requested:

1) I'm planning to quit my job and start my own venture and I think I'd have 6-8 months of entrepreneurship experience, but that might not be enough to take my venture to success. However, I really want to pursue MBA in 2019 batch. Should I start my venture and give it one extra year and plan for MBA in 2020. In case my venture fails, will it be considered a negative point in my profile?

2) Another option is quit my job a little late(adding a few more months to my experience) and apply for a good university. Which one will be better?

Target B Schools: I haven't really researched much, but ISB, SP Jain, Brigham Young University are few of the preferred. Which other good business schools should I plan to apply. I don't have any particular location preference for the B School.


Thanks a lot! :)


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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 31 Mar 2018, 11:55
1
carolinexi wrote:
Hello Souvik,

I recently gave the GMAT and scored about 710 (Q47 V40). I'm 25 years old with 1.5 years of work experience, and have no engineering/commerce/business background. I am an English major who did a masters in public relations (which was the field I worked in for said 1.5 years), and am looking to get an MBA to pursue marketing. I am currently trying to make the switch to marketing by looking for a job that will offer me such a role to get hands on experience of the kind of work it entails.

More about my education, I scored 95% in class 10, 91% in class 12, after which I pursued one year of engineering which I later quit to study literature. In terms of extra curricular activities, I was an active parliamentary debater in college and held leadership positions. I also topped my college during my post grad in public relations.

My initial plan was to apply for ISB (batch to 2020), but I have been told that the average work ex is 4 years, and they might not look favourably at my low quant score (63 percentile) despite getting an overall 91 percentile. I am also uncertain about studying abroad since it is quite difficult for students who choose marketing to get work visas in the country of study, and recovering the cost of the MBA in India might not be a good idea.

I will be looking to retake the GMAT in the next couple of months to improve my quant score, only if ISB is a viable choice for someone with my profile. I am not sure what the preference (or lack of) is like for media/advertising students applying to ISB.

Could you advise how I should go ahead with this? Do I need to retake the GMAT and what score would help me present myself favorably to admission committees, given that I have a very unconventional profile. Do I also look at schools abroad, and which would be good schools to target? Would it be wise to apply with my current score?

Thanks!


Thanks for sharing your profile. You have charted some different territories which is really refreshing to see. It is not a usual - oh I did engineering and then did an IT role at TCogSys. I don't think dropping out of engineering to study literature will be seen negatively - in fact if you can prove your quant chops (ergo - GMAT), it might put you in a specific advantage to some of the schools. You are right in thinking that marketing roles are hard because of H1B restrictions, but if you research more you will find that product marketing (PMM) roles in tech is quite common in companies like Amazon, Google (google does not do PMM but they call it something else) or other big tech companies. For CPG, I know for a fact that Kraft hires internationals and sponsors their visa, so it's a fair game. You could also do consulting for a few years, and then switch to marketing. My point is that being fixated at what you want to do when you are 25 years young might not be the best idea, in my humble opinion. Only a few years back you had thought engineering was a good fit - see what I mean?

Other than that, your 10th and 12th percentages don't matter at all in business school applications.

For ISB, yes your GMAT can be tricky BUT if you are a woman with leadership roles, that might cut it? I would still try to up the GMAT, which is great to see that you are already considering. What I do not know at all is details about your current job. What do you do right now? Do you have measurable impact? Do you manage people/projects? Do you do well under deadlines? Do you have analytical skills to back up that marketing goal? (I am sure you already know marketing is a lot more about analysing data than coming up with clever catchphrases). So if you have some of those leadership stories ironed out - you should be in a good place with top 20 US b schools assuming you crack a 730+ score. ISB will be more achievable that way as well.

All the best! Happy to answer follow ups.
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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 31 Mar 2018, 12:03
prashantdhamija wrote:
Hi Souvik!


Thanks for taking this initiative man, it'll be of great help!


Here's my profile:

Planning for 2019-20 batch, open to both one-year and two year programs. One year is preferred though.


Here is a little background on my profile:


Age: 25 (Indian Male)

Class 10: cgpa 83.2%

Class 12: 72.6.5%

Graduation: 69.3% ( BE in CSE from Panjab University)

GMAT: 690 Q47, V38.


Internships & Work Ex: 

*Infosys Ltd. (Feb '14- June '14)

*Infosys Ltd. (July '14 - Present) - 3.7 years.


 Extra Curriculars

 - Organised a lots of events at college Level.

 - Have been an entrepreneur at heart since college. Developed and flipped websites. Have invested at studied in 

   Cryptocurrencies and Blockchain. Have worked as a freelancer for some overseas clients. (Can get the recommendation

   letter from them.)

- Avid traveler and trekker. Have trekked to a few popular peaks including Mt Everest Base Camp.

- Intermediate Level Guitar player.

- Have played Cricket at college level.

- Team Lead at College Placement committee.

Concerns and Advice requested:

1) I'm planning to quit my job and start my own venture and I think I'd have 6-8 months of entrepreneurship experience, but that might not be enough to take my venture to success. However, I really want to pursue MBA in 2019 batch. Should I start my venture and give it one extra year and plan for MBA in 2020. In case my venture fails, will it be considered a negative point in my profile?

2) Another option is quit my job a little late(adding a few more months to my experience) and apply for a good university. Which one will be better?

Target B Schools: I haven't really researched much, but ISB, SP Jain, Brigham Young University are few of the preferred. Which other good business schools should I plan to apply. I don't have any particular location preference for the B School.


Thanks a lot! :)


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First off I am impressed that you typed the whole thing on your phone. I think I am getting really old. Anything more than 50 words, I hunt for my computer.

Instead of combing through your profile, which looks decent and typical (except for the GMAT - that needs to improve).

1) I'm planning to quit my job and start my own venture and I think I'd have 6-8 months of entrepreneurship experience, but that might not be enough to take my venture to success. However, I really want to pursue MBA in 2019 batch. Should I start my venture and give it one extra year and plan for MBA in 2020. In case my venture fails, will it be considered a negative point in my profile?


Not really. Plenty of ventures fail. More ventures fail than succeed. The more important question is, would you know whether your venture is successful from less than a year? To be brutally honest, I know LOTs of Indians who have done this - start a venture a year from school to show some entrepreneurial chops with the idea of it failing. It's the same scheme as joining or starting a not for profit (I was accused of that. To my critic's surprise I stayed in not for profits for half a decade). Regardless of whether your venture succeeds or fails you have to answer the question - Why MBA? Why Now? If not in the essays, definitely in the interviews. How would you answer? If you have an answer ready (I have some ideas here), great! If you don't, I'd try figuring that story out before quitting your job.

Target B Schools: I haven't really researched much, but ISB, SP Jain, Brigham Young University are few of the preferred. Which other good business schools should I plan to apply. I don't have any particular location preference for the B School.

That's an odd choice. You have 2 solid Indian school and a pretty remote school in Utah - that does not add up to me. Start your research. It would be hard to recommend schools without knowing what you really want. At first all schools will look and sound the same. First figure out your final GMAT score. If it is 690, take 5-6 schools which has a GMAT average of 660-680 and figure out which schools appeal to you. Talk to current students, alums and industry folks who are doing the stuff you want to do. Only then you will be able to feel vibes and make a more informed choice. Hope this helps!
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Re: AskSouvik: Which B School to Apply | AMA|  [#permalink]

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New post 31 Mar 2018, 12:07
prashantv23 wrote:
Hi Souvik, Great initiative you have there!!! I have a few questions which have been bothering me for a while. I hope you could guide me through as I am a novice in the GMAT realm.

I am employed in an Indian Public Sector Bank for 2.5 years. Mostly, my work is involved around retail banking. But I am more interested to pursue investment banking in the coming years. Would an MBA help me in achieving that goal? If so, how much do I need to score on GMAT to get an admit to a moderately good school? Plus, I don't have good undergrad scores, merely 65% but I have secured some certifications in the financial sector, like NISM Financial Advisor, and some more, could such certifications help improve my profile? Another thing I want to ask, would it be wise to leave a government job, as it is considered the most financially secure job in India, to pursue higher studies?

It'd be a great help if you could ping back!!!


Yeah IB is really popular among b school students. What should be your target GMAT score? As an Indian applicant, I would recommend 20-30 points above the school's average. Narenn has done some excellent analyses on GMAT scores for Indian applicants so you should check those out. As a thumb rule, a 730+ score puts you in a decent place. A 750+ score almost seals the deal for an interview in the top 20 school.

Whether it is wise to leave a government job for an MBA - I don't know man - it depends on your risk appetite. You can think of it as a trade off game. Worst case scenario - you will have to come back to India with a better job but a heavy debt (so you will probably end up earning the same net, but have a higher earning potential over time) OR you could live wherever you want with a 130K+ salary. I would say an MBA is worth it, but you gotta expand your options beyond IB. IB can be hard beyond the top 20 schools. Most internationals end up recruiting for tech and consulting.
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