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Wassy
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GMAT and eligibility 05 Feb 2020, 13:26
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Hello guys,
I've graduated in 2018 and I have an year of work experience as a Fraud analyst in Uber India and I wanted to apply for the MiM program in LBS. When do take gmat and apply for the business schools? I'm not sure how to plan the schedule. I'm 23 now and should I lookout for the 2021 applications or is the age 24 too late to take MiM or should go for an MBA?

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LeoN88
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GMAT and eligibility 05 Feb 2020, 19:37
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IMHO, 24's not too late to apply for MiM.

For LBS I'm tagging the moderator here to assist you.

Arro44

MBACrystalBall, Sameer Sir could you kindly help?

Wassy
Hello guys,
I've graduated in 2018 and I have an year of work experience as a Fraud analyst in Uber India and I wanted to apply for the MiM program in LBS. When do take gmat and apply for the business schools? I'm not sure how to plan the schedule. I'm 23 now and should I lookout for the 2021 applications or is the age 24 too late to take MiM or should go for an MBA?

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MBACrystalBall
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GMAT and eligibility 05 Feb 2020, 21:41
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LeoN88

MBACrystalBall, Sameer Sir could you kindly help?
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Starting the MiM this year would've been good.

But if you already have a year's experience, and haven't started with the application process / GMAT prep yet, then
  • you'd have around 2 years at the time of application.
  • close to 3 years by the time the program starts.

If these assumptions about your experience are correct, an MiM won't be a good fit.

You'd be better off waiting for a year more and trying for mainstream MBA programs.
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Wassy
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GMAT and eligibility 05 Feb 2020, 22:31
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Thanks for the information sir, Wouldn't it be right if I take the gmat this year and apply for the application which rolls out in January 2021?

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MBACrystalBall
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GMAT and eligibility 05 Feb 2020, 22:49
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How much experience will you have before the program starts? If it's under 2 years, an MiM would work well.

Beyond that, you'll have to evaluate if it makes sense to discard all that experience (which also means a significant opportunity cost) to head back into a class filled with mostly fresh grads.
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GMAT and eligibility 05 Feb 2020, 22:55
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I'm off the work totally and planning to prepare right away for the gmat this year.

Graduation year :2018
Age: 23
Planning to apply for Jan-Feb LBS AND HEC 2021 intake applications.
Not working right now.

It would be great if you could shed some light on this confusion.

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GMAT and eligibility 06 Feb 2020, 02:44
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That little detail adds a new layer to the story!

Hope you have a strong reason for the career break. Admission officers would want to know what happened.

The other angle is that you'd still need to be gainfully employed since neither of the two programs is going to start soon.

If your primary aim is to use the MiM to cover the gap, that may not be a good idea. The question will resurface after you complete the degree when you're talking to recruiters.

I'm guessing there are more aspects to this than you're comfortable sharing here. Here's what you can do.

Start working on your GMAT, since that's going to take time.

In parallel, look for a good job that's aligned with your long term interests.

Continue thinking about what you really want from the degree. Connect with MiM grads from your target programs and find out how students with experience have fared.

You'll have better clarity over the coming months.

Sounds like a good way forward?
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GMAT and eligibility 06 Feb 2020, 02:48
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Thank you sir! I'll analyze a bit further into this.

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