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EMBA or 1 year MBA suggestions needed 15 years IT exp/ 37 yrs old

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Joined: 21 Feb 2019
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EMBA or 1 year MBA suggestions needed 15 years IT exp/ 37 yrs old  [#permalink]

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New post 24 Feb 2019, 08:44
Hello all,

I am a 37 year old and I am having 15 years of IT experience. I am an IT project manager for almost 8 years and I have managed teams of around 50 people functionally and 23 people with direct reporting. Now, to move to the next level, a MBA is expected by most of the top companies. Although the skill set they advertise for the middle management profiles fits me except the MBA part.

I am looking at doing MBA to complement my experience and as an entry card to middle management. I am looking at only 1 year MBA.
I am single, so no worries on moving family abroad for studies. I can afford up to 20-25L INR for MBA, so, no expensive universities which charges 50L + INR.
Also, if there is an option to work abroad like stay back , it will be best.

Now to my questions -
1. (the usual) is it worth doing eMBA /MBA @ 37 years/15 years experience spending considerable amount of money?
2. If the answer is Yes to (1), is it recommended to do full-time or part time?
3. Whether abroad (US/UK/NZ/Aus/Ireland) will be good to do MBA w.r.t MBA Expense and job opportunities? If so, which countries?
4. Any recommendation on Universities / Courses which can fit my age & experience profile.

Thanks in Advance,


Regards,
Priya
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Re: EMBA or 1 year MBA suggestions needed 15 years IT exp/ 37 yrs old  [#permalink]

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New post 24 Feb 2019, 23:19
1
Hi,
I am in the same boat with almost same experience as you have. (1 yr older than you and 1 yr less in experience than you).

I researched a lot, while preparing for GMAT and then came to know, that most of the top universities in US and Europe don't consider applications from candidates with age of 32+ yrs.
Executive MBA is best option for people like us. And instead of GMAT, need to take Executive Assessment - can be said as shorter version of GMAT.
Moreover, many of the top universities and business schools provide the same degree (MBA) as they do for full timers - and provide ALUMANI status. That's the reason, I personally am inclined towards these business schools rather opting for Indian business schools
You may google or dig on this forum itself for more information.

Please press kudos, if this has been of some help to you.
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Re: EMBA or 1 year MBA suggestions needed 15 years IT exp/ 37 yrs old  [#permalink]

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New post 25 Feb 2019, 05:17
A few thoughts on your queries dharshinis19.

  1. MBA after 30 is indeed tricky. So you your dilemma is a valid one.
  2. The push gained from EMBAs can be limited and regular MBA might be a preferred route. A lot of this depends on your personal network though - if you think you can leverage the EMBA and your network, to get to your goals, it might be a good option.
  3. The choice of EMBA programs is usually restricted by your geography; apt to do it in the location you are based out of.
  4. For full-time programs, your budget (if that includes financing/loan), can be pretty modest. These are the options internationally for MBA programs targeted at senior professionals. In India, you could evaluate fit and eligibility for the 3 IIM one year programs.

Hope this helps some.

Cheers,
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Re: EMBA or 1 year MBA suggestions needed 15 years IT exp/ 37 yrs old  [#permalink]

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New post 26 Feb 2019, 22:27
dharshinis19 wrote:
Hello all,

I am a 37 year old and I am having 15 years of IT experience. I am an IT project manager for almost 8 years and I have managed teams of around 50 people functionally and 23 people with direct reporting. Now, to move to the next level, a MBA is expected by most of the top companies. Although the skill set they advertise for the middle management profiles fits me except the MBA part.

I am looking at doing MBA to complement my experience and as an entry card to middle management. I am looking at only 1 year MBA.
I am single, so no worries on moving family abroad for studies. I can afford up to 20-25L INR for MBA, so, no expensive universities which charges 50L + INR.
Also, if there is an option to work abroad like stay back , it will be best.

Now to my questions -
1. (the usual) is it worth doing eMBA /MBA @ 37 years/15 years experience spending considerable amount of money?
2. If the answer is Yes to (1), is it recommended to do full-time or part time?
3. Whether abroad (US/UK/NZ/Aus/Ireland) will be good to do MBA w.r.t MBA Expense and job opportunities? If so, which countries?
4. Any recommendation on Universities / Courses which can fit my age & experience profile.

Thanks in Advance,


Regards,
Priya



Hi Priya,

I'd ask you to look into the Fellowship programs offered by Stanford, LBS, MIT and the iBear program at USC Marshall School of business. All of these are one year, intensive programs for mid-level managers.

IMO, it will be important for you to study with peers who are at the same level / higher level then you professionally so that you get the maximum value out of your MBA experience. These MBA programs will provide you just that.

If the lack of an MBA degree has become a deterrent in rising up in our career (or getting the roles you want), then you should go ahead and do it. Think of it as an investment in yourself, an opportunity to step out of your comfort zone, learn new things, unlearn some old ones :), and build a new, more international network of professionals.
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Re: EMBA or 1 year MBA suggestions needed 15 years IT exp/ 37 yrs old   [#permalink] 26 Feb 2019, 22:27
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