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redalertmba
Joined: 31 Jul 2015
Last visit: 17 Nov 2018
Posts: 55
Own Kudos:
Given Kudos: 12
Location: Korea, Republic of
Schools: Ross '20 (WA) Kellogg '20 (D)
GMAT 1: 730 Q48 V42
GRE 1: Q165 V166
10 Oct 2016, 14:03
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So I had an interview offer from, according to the financial times, the best mba in the world. I would have had a chance at the us top 10~15, or so I speculate. The thing is, my experience was not in investment banking or consulting. It was in public service/research. I would like to get into the latter field but I am afraid that an mba wouldn't guarantee anything. I just might come out with a tremendous debt or a tremendous waste of my parents' money. So when my company gave me an ultimatum as the last chance to get a leave of absence to attend grad school I rushedly applied to rolling admissions schools in the uk starting july and applying up to mid august(yikes!) and got into an msc in economics at a top 5 school, despite my bad gpa but anyways i have now been a masters student for a few weeks now.
Should I just go for a phd if i want to do consulting? I don't want to aim for academia but I don't know how things will turn out. I just turned 30 two months ago and I am still undecided. The bad thing about a masters is that it is somewhat inferior to phds wherever you go.
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Should I just go for a phd if i want to do consulting? I don't want to aim for academia but I don't know how things will turn out. I just turned 30 two months ago and I am still undecided. The bad thing about a masters is that it is somewhat inferior to phds wherever you go.
Posted from my mobile device
12 Oct 2016, 09:56
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redalertmba
So I had an interview offer from, according to the financial times, the best mba in the world. I would have had a chance at the us top 10~15, or so I speculate. The thing is, my experience was not in investment banking or consulting. It was in public service/research. I would like to get into the latter field but I am afraid that an mba wouldn't guarantee anything. I just might come out with a tremendous debt or a tremendous waste of my parents' money. So when my company gave me an ultimatum as the last chance to get a leave of absence to attend grad school I rushedly applied to rolling admissions schools in the uk starting july and applying up to mid august(yikes!) and got into an msc in economics at a top 5 school, despite my bad gpa but anyways i have now been a masters student for a few weeks now.
Should I just go for a phd if i want to do consulting? I don't want to aim for academia but I don't know how things will turn out. I just turned 30 two months ago and I am still undecided. The bad thing about a masters is that it is somewhat inferior to phds wherever you go.
Posted from my mobile device
Should I just go for a phd if i want to do consulting? I don't want to aim for academia but I don't know how things will turn out. I just turned 30 two months ago and I am still undecided. The bad thing about a masters is that it is somewhat inferior to phds wherever you go.
Posted from my mobile device
Hello and welcome to GMAT Club!
MBA does not guarantee anything, unfortunately. I know in some cultures/countries if you get to a certain program/degree, you have your career made for you and you are guaranteed a cushy job afterwards. No the case in the UK or the US or Western Europe really. With European programs that are 12 months, you basically start networking as soon as you start school - the second month, so it is a high intensity experience with school pushing you to get a job ASAP and lock that in. The good think is that schools usually review your applications as employers would have, trying to see if you would get hired after graduation or not. Thus getting admitted, is in part an indicator that they think you have hope and likely get a good offer upon graduation.
P.S. I don't know much about PhD or MSc programs unfortunately and their track record. I think PhD is a bit too long and a very substantial committment. I am taking your end goal is a good job? If that's the case, suggest you research the companies you would like to work for and start networking, looking for connections, and skill sets they are looking for vs. your capabilities/resume. Fill the gaps as much as you can while at school - that's the big purpose of the MBA - beef you up. The good thing about MBA programs, they often tend to have internships (esp if these are 2-year programs). Internships help quite a bit with job search.
Good Luck!
BB
12 Oct 2016, 17:53
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Thanks for sharing.
As with most ventures, there are no guarantees, only probabilities. So the MBA may help your chances of success (depends on how you define it) and fulfillment. In your case, if there is a possibility for your company to sponsor your tuition in exchange for a commitment to stay there for a number of years post-MBA, that may be the way for you to go. It would minimize the risk, while allowing you to get your MBA.
All the best!
As with most ventures, there are no guarantees, only probabilities. So the MBA may help your chances of success (depends on how you define it) and fulfillment. In your case, if there is a possibility for your company to sponsor your tuition in exchange for a commitment to stay there for a number of years post-MBA, that may be the way for you to go. It would minimize the risk, while allowing you to get your MBA.
All the best!
