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Online / Part Time Phd

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Joined: 12 Jan 2015
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Online / Part Time Phd [#permalink]

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New post 12 Jan 2015, 04:14
I am looking for possible avenues/ colleges to do my Phd in management.
Qualification:
MTech (Communication Technology)
MBA (Finance) - FMS, Delhi University.
MBA (Marketing) - Symbiosis Institute.

I have approximately 18 years of work experience and do have some teaching experience also. I have a Project Management background.

Basically, since I am still working, hence doing a full time Phd may not be possible for me (Pl do correct me on this issue if I am wrong). Or if somebody could suggest some way wherein I can still do a full time Phd without leaving the job.

Also if someone could guide about pros and cons of doing Phd Ex India Vs from some foreign university.

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Re: Online / Part Time Phd [#permalink]

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New post 28 Jan 2015, 02:45
Hi, this is Jenny Dsouza . I graduated from IIT Bombay in 2006 from the 5 year integrated program (B.Tech + M.Tech). Post engineering, I moved to Hong Kong where I worked with Societe Generale for 3 years in their equity derivative sales division. In 2009, I moved back to Mumbai to work with Naandi Foundation, an NGO in their school management program.

I always knew that I have to do an MBA, and started thinking about it as early as 2008 and scored 710 in my GMAT. Initially, I was targeting top US b-schools. I got a reject from Ann Arbor and LBS in 2010 which led me to rethink my takeaway from an MBA program. One thing, I was sure about was to stay back in Asia post MBA. After introspection and a better understanding of my long-term goals, I decided to apply to only ISB Hyderabad in 2011. While debating between the India Vs International MBA, I had three main considerations in mind:

* Finances: The cheapest MBA in US (Ann Arbor, Michigan) costs $120,000. Even in the best possible case of getting a co-signer in MBA and getting education loan at 6%, it would take at-least 5 years to pay-back in US salary. This would mean staying back in US for 5 years, a stint which I had no interest in doing.

* Opportunity Cost: If I had gone for a 2-year international MBA program in the U.S., it would have meant losing out on the salary and the growth in my company for 2 years. A significant “promotion” post MBA would have been possible only if I remained with the same industry. I was looking for a change in industry and a two year program didn’t seem to add a lot of value. Over the 5 years of work-ex, I realized that experience is the best teacher. Moreover, most of my friends in US MBA colleges did say that 2nd year is relatively easy going. I was not convinced about the utility of a 2 year foreign MBA as the value proposition for 1 additional year was unclear in my mind.

* Post MBA Career: If I came back to India post an US MBA, I was concerned about my RoI. Even at the best of the salaries in India for a MBA graduate, paying back US loans would have meant a drastic cut in my lifestyle.

While analyzing these three main points, I came to realization that a b-school in India would serve to best of my interest. Though I was not completely convinced about a 1 year program, I joined ISB as it offered the best exposure in India at a reasonable fee structure.

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Re: Online / Part Time Phd   [#permalink] 28 Jan 2015, 02:45
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