Hello
GoodGuyYou certainly have a unique profile due to your background.
Any good school will look at
admission factors mentioned here to evaluate your profile holistically.These are Acads + Quality of Work Ex + Diversity + Career Goals
You will need a spike in 3 out these 4 factors to get an admission.
Quality of Work and Diversity potentially have a spike due to your background, industry, extracurricular and business impact. (will depend on what stories you highlight in your essays)
Acads & Career goals look slightly on the weaker side. (700 GMAT though ok, is by no means a spike and the career goals you have mentioned are organic and look reachable even if you follow the current path. Retail as an industry grows its employees organically than with MBAs. This is generally speaking not always applicable. Why I know this- I am myself from NIFT and then went on to pursue an MBA
) You may wish to
research the right set of career goals here.So that is potentially a spike in 2 out of four. To get a third spike you will need to polish goals more or get a GMAT of 730+.
ISB looks a decent choice, several applicants from NIFT have applied in the past few years and have grown in their careers fruitfully.
IIMA is also a good choice- international experience always helps but is not a must.
IIMB & IIMC are out of the question simply because of eligibility.
INSEAD/LBS look unrealistic due to the heavy emphasis they have on international work ex. Although I have had a NIFT-ian attend INSEAD 2 years back and works with Amazon in Singapore post MBA (brand manager) so it is doable. But her profile was stellar (high GMAT but no international work ex)
Scholarship will certainly be an issue unless all 4 factors are off the charts.
You could consider HEC & SDA Bocconi or maybe Stern due to their location/MBA programs that help break into luxury/retail management.
However shortlisting schools is not an exercise that can be done by reading a post. One has to go through a detailed profiling.
End of day the right school will depend on your expectations (realistic), your understanding of how an MBA will add to you, your career goals (again realistic) and your profile.
Should you feel the need to discuss this in detail, feel free to reach out.
Best
Varun Sharma+919137133507
Free Profile ReviewMBAkarma.comGMAT Score Predictorinfo@mbakarma.com GoodGuy wrote:
Hi All,
I am desperately looking for some help and guidance. I am glad I came across this thread. I will share a brief about my profile and then will mention the places where I am stuck.
GMAT - 700 (Q50, V34, AWA-5, IR-8). Work ex - 48 months as on date. Will have 57.5 months of work –ex as on 31st March, 2019.
Grad & Work Ex:
I have done my graduation in Fashion Technology from National Institute of Fashion Technology. My college is regarded as the best fashion college in the country and is among the top 3 colleges in Asia. Right now I am working with the biggest apparel organization in the country. I have reached middle management role in a very short duration. Currently I head pan India operations of my brand.
Profile:
Qualitatively I have a strong profile. I have worked hard to build my profile over the last few years. I am national level athlete and a national level quiz medalist. I have led teams during my college days and have also worked for couple of spiritual and non-for-profit organizations in the past.
Reasons for MBA:
Though I have got good success in the initial years of my career, a graduate degree won't be sufficient to take me to senior level roles in future. An MBA at this stage will definitely help in making my profile much stronger. A master’s degree will also make me financially more stable.
Post MBA plans:
Post MBA I want to work in roles of Brand Management with specialization in the fields of Strategy and Marketing. I am open to industries outside the fashion industry though I wouldn't mind coming back to this industry.
Dilemma-
Indian schools:
In Indian schools, I can try for 1-year course of IIM A/B/C. Can I apply for B&C this year as I will be short by 2.5 months?
Though my profile is slightly unique, I am not 100% confident about IIM A at this stage (primarile because of lesser work experience, no international experience and just an average GMAT score.
ISB seems like a good choice but an education loan of 45 L for an Indian school sounds scary. Moreover, with a batch strength of >800, things can get slightly tough during placements.
Foreign schools:
I am skeptical about US schools because of the current geo-political situation. Under the given scenario I don't see any point in trying for a college outside top 30. Colleges within top 30 are quite expensive. Getting in these colleges is extremely tough with my score and scholarship seems a distant dream as of now.
Similar is the case for European colleges (LBS, Qxford, INSEAD,etc) and NUS.
Inherently I am a very optimistic person and I always look for opportunities of growth and learning. But I am getting slightly skeptical at this stage because of the cost involved. There is absolutely no margin for error in this case. Even after 4 attempts, i have not been able to reach a score on which I can apply to colleges confidently.
The biggest question on my mind is - Which B School to Apply and whether I should re-take GMAT? I am sure I can get some valuable suggestion on this thread.
Hope I have given all the required information to suggest the best course of action. Let me know if any other detail from my side is required. Thanks.