Hello!
I am facing great difficulty in choosing the correct path for me. Whether to take up MSc Management at LBS now, or try for an MBA (in US Preferably)
after another year of working . I have recently received an offer for the LBS Masters in Management degree.
Profile- 22 yrs female , India
- currently working at EY (have one year experience)
- GMAT 740
- financing the degree through a loan
- wish to work in abroad
- Bachelor of Commerce from Delhi University, good GPA
-have good amount of volunteer experience at college level
Option 1 : MSc Management LBS
The root cause of my dilemma is the employment situation in the UK. I have seen the employment reports of 2014 which claimed 98% students
received employment within 3 months of completing the course. However, I have been in touch with the current students and they told me that the
employment situation is rough and even though they are studying at "London Business School", employers are not willing to sponsor them(as required by
the UK laws). Since I am financing it through a loan, getting a good job after the degree is very crucial for me. If after the degree I have to come back to
India, then it will be difficult for me to repay. Hence, my confusion.
Pros:1. I am really attracted by the whole experience LBS has to offer (international networking, London factor etc.)
2.LBS has a stellar reputation worldwide
3. LBS is my dream school
Cons: 1. Rough Employment situation in the UK.
2. MIght not be able to repay the loan
3. MSc is not an MBA
Option 2 : MBA Later in the US
Most B-schools in US require minimum 2 years work-experience. I already have one year work-ex and so after working for another year at EY I can go for an MBA
probably in one of the top b-schools (
not talking about Wharton, Stanford, Harvard bdw!) in the US.
Additionally I can apply for an MBA at LBS (MBA >MSc ,but yes I won't be sure about the employment situation then also).
Pros: 1. Though there will be competition, but getting a job will not be next to impossible in the US.
2.Loan will be repaid.
3. MBA > MSc
Cons: 1. I will be competing against a larger sample set (for MBA).
2. Not sure about my chances of getting in.
Please suggest the best and suitable option for me!