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23 Dec 2018, 00:02
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Bookmarks
Hi,
I am trying for admission in a executive MBA program in the year 2020. I am yet to appear for the GMAT exam (planning to schedule GMAT exam around Jan, 2019 end).
Could you please advice me on the executive MBA programs in Finance based on my profile and the time constraints. Here is my profile:
Age: 30 years (as of today)
10th (ICSE) - 81%
12 (CBSE) - 62%
B.E. (M.S. Ramaiah Institute Of Technology, Bangalore) - CGPA 7.75/10
Work Experience = 8 years (completes in Dec-2019). Domain: Insurance and Banking (8 years). Companies: IT Service companies and Investment Banks. Location: India
After having graduated from Electronics, I was able to quickly grasp the software coding concepts. I first got a chance to manage an offshore team of 2 people when my experience was around 2.5 years. Have been a lead since 3 years now, managing a team of 5 people on an average.
Lead the delivery of a 6 month project including 6 people while working for Deutsche Bank which involved knowledge of fees, rates, settlements and invoicing of various investment banking products.
My long term goal is to work on the consulting and management side of investment banking domain since I find it highly intriguing.
GMAT - yet to appear for the test. Planning to give the test by Jan-2019 end. Hoping to score somewhere between 650 - 700 based on the current prep.
The application deadlines are fast approaching. Need to understand which all universities can be targeted. Need to finalize a list of 10 best universities globally (Canada, France, UK, Germany, Australia, US) based on the above profile and time.
I am trying for admission in a executive MBA program in the year 2020. I am yet to appear for the GMAT exam (planning to schedule GMAT exam around Jan, 2019 end).
Could you please advice me on the executive MBA programs in Finance based on my profile and the time constraints. Here is my profile:
Age: 30 years (as of today)
10th (ICSE) - 81%
12 (CBSE) - 62%
B.E. (M.S. Ramaiah Institute Of Technology, Bangalore) - CGPA 7.75/10
Work Experience = 8 years (completes in Dec-2019). Domain: Insurance and Banking (8 years). Companies: IT Service companies and Investment Banks. Location: India
After having graduated from Electronics, I was able to quickly grasp the software coding concepts. I first got a chance to manage an offshore team of 2 people when my experience was around 2.5 years. Have been a lead since 3 years now, managing a team of 5 people on an average.
Lead the delivery of a 6 month project including 6 people while working for Deutsche Bank which involved knowledge of fees, rates, settlements and invoicing of various investment banking products.
My long term goal is to work on the consulting and management side of investment banking domain since I find it highly intriguing.
GMAT - yet to appear for the test. Planning to give the test by Jan-2019 end. Hoping to score somewhere between 650 - 700 based on the current prep.
The application deadlines are fast approaching. Need to understand which all universities can be targeted. Need to finalize a list of 10 best universities globally (Canada, France, UK, Germany, Australia, US) based on the above profile and time.
23 Dec 2018, 20:27
Kudos
Bookmarks
Hello Shashank
While I understand that at 30, you feel pressured by time, however, I would suggest you to be vary of the following-
1) Deadlines are not fast approaching- for someone taking the GMAT in Jan 2020, most deadlines will be sometime in Aug 2019- which gives you 5-6 months for the applications. As a thumb rule, I'd say you need 3 months to apply to 4-5 schools. (This depends on your schedule and the quality of work you will be able to put in). The above applies if you are applying to Indian/US or most such schools where the program begins in Apr (India) or Sep (US and many other schools). However, if you plan to apply to schools for the Jan 2020 intake, then the situation might be different.
2) If applying for the Sep intake, do not rush your GMAT, you will be in a good position even if you are done with the GMAT by Mar/Apr. This gives you time to target a higher score and further improve your profile.
3) Your goals look weak as they stand now. Have you done your research that such a switch is possible, considering your professional background and more importantly age? The list of schools will highly depend on your goals.
4) Focus on adding some extracurricular to the profile- these help add diversity to the otherwise over-represented Indian Male Engineer profile.
Best
Varun Sharma
+919137133507
MBAkarma.com
GMAT Score Predictor
[email protected]
While I understand that at 30, you feel pressured by time, however, I would suggest you to be vary of the following-
1) Deadlines are not fast approaching- for someone taking the GMAT in Jan 2020, most deadlines will be sometime in Aug 2019- which gives you 5-6 months for the applications. As a thumb rule, I'd say you need 3 months to apply to 4-5 schools. (This depends on your schedule and the quality of work you will be able to put in). The above applies if you are applying to Indian/US or most such schools where the program begins in Apr (India) or Sep (US and many other schools). However, if you plan to apply to schools for the Jan 2020 intake, then the situation might be different.
2) If applying for the Sep intake, do not rush your GMAT, you will be in a good position even if you are done with the GMAT by Mar/Apr. This gives you time to target a higher score and further improve your profile.
3) Your goals look weak as they stand now. Have you done your research that such a switch is possible, considering your professional background and more importantly age? The list of schools will highly depend on your goals.
4) Focus on adding some extracurricular to the profile- these help add diversity to the otherwise over-represented Indian Male Engineer profile.
Best
Varun Sharma
+919137133507
MBAkarma.com
GMAT Score Predictor
[email protected]
24 Dec 2018, 00:00
Kudos
Bookmarks
Hi,
I have a few things to say that can add clarity to your understanding of the MB
1. I think you are mixing up fulltime MBA and eMBA. An eMBA is the MBA degree where you continue to work while studying. You would have classes every few weeks. A full time MBA is an immersive experience- you only study and do take part in activities/internships included in the curriculum.
2. At 650-700, your GMAT score will be average for an Indian guy, which is the most competitive pool of applicants in the world
. Any Chinese contenders here?3. Your career goals need deep analysis and probing. Merely being intrigued by industry is not reason enough to join it. B-schools would want to see some past relevant experience and skill set for them to be convinced. Its hard to say without knowing the exact nature of your work, but just working with an investment bank on their IT development work may not be a strong enough reason to work in the front office. These are some thoughts for you to probe further. Presenting believable and logical career goals is crucial for have a positive result in the application process.
4. And as pointed out above, most US MBA deadlines will be over for this year by Jan end. Its never helpful to apply in the third round, so if you are looking at those deadlines, reconsider. However b-schools such as Ivey, Queens will have deadlines Feb onwards, so these will be worth targeting. Also a lot of the European MBAs have rolling deadlines, so you should still keep an eye out for them.
