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sdr2013
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Wow! What a question!!! The future is wide open I'd say. It's vast and changing all the time. In general brick and mortar MBAs offer far more opportunities, but if you only need the knowledge say for your own family business) they can be great options. If you want the MBA to get a good corporate job, they are often less good.
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JonAdmissionado
Swetha,

3) What would be total cost of the MBA programme and the living expenses during the 2 years?
Between 80=120K$ Yep! It's that much money!

Hi Jon-I guess considering all the costs(living and other miscellaneous expenses) it would go up to $160K-$180K in 2 years..Your thoughts please!

JonAdmissionado

4) Do the schools offer any scholarships? If yes, what would be the probability that I get one?
Many schools offers scholarships. In general if you want to get a scholarship, you get them offered by schools that are slightly less good than what you can really get into. So for example, let's say you are UCLA material. Then maybe BU would offer you a scholarship. Scholarships are generally offered to candidates schools want to entice to come because they believe they are particularly strong.

Could you please come up with scholarships and financial aid options for Indian applicants in general(may be not school specific)...And BTW, any idea-what is the GENERAL interest rate for MBA loans from US banks...?

JonAdmissionado

5) Is it possible to work part time in the hectic schedule? How about the study loans? Should we take loans from Indian Banks or US banks?
It's not recommended to work part-time. You will likely have your hands full. As for the study loans: wherever it is cheaper for you to borrow from!

I've read in the forums that people pursuing FULL TIME MBA in US,can work on campus and pay for their own living expenses....? It would be great if you please shed some lights on this?(are you considering this as working part-time..?)
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JonAdmissionado
Swetha,
Good to hear from you!!

And thanks for dropping by.

1) As I asked above: what are my chances of getting into top 10 US schools?
So first off, I think I need to maybe bring up a bit of a reality-check for you. An an Indian/male/tech candidate with what I see from what you have written as "middle-of-the-road" experience, top 10 programs will be long shots for you, no matter how good you score on your GMAT. You can for sure apply to one or two of your dream schools, the ones you love the most, but the chances will be slim. Depending on your score, your "Sweet spot" may lay in the 10-30 range.


Thanks Jon for throwing some light!
Could you please answer my questions below?

1) I am a female - Does that help in anyway?
2) Also what is your view on pursuing MBA from Indian schools such as ISB/IIM Ahmedabad. Does their degree have the same advantage of the similarly ranked schools?
3) Are the one year degree programmes considered on par with the two-year ones?
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swethareddyd
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Swetha,
Good to hear from you!!

And thanks for dropping by.

1) As I asked above: what are my chances of getting into top 10 US schools?
So first off, I think I need to maybe bring up a bit of a reality-check for you. An an Indian/male/tech candidate with what I see from what you have written as "middle-of-the-road" experience, top 10 programs will be long shots for you, no matter how good you score on your GMAT. You can for sure apply to one or two of your dream schools, the ones you love the most, but the chances will be slim. Depending on your score, your "Sweet spot" may lay in the 10-30 range.


Thanks Jon for throwing some light!
Could you please answer my questions below?

1) I am a female - Does that help in anyway?
2) Also what is your view on pursuing MBA from Indian schools such as ISB/IIM Ahmedabad. Does their degree have the same advantage of the similarly ranked schools?
3) Are the one year degree programmes considered on par with the two-year ones?

Swetha-although I'm no way an expert and the qs. were for Jon...still would like to share my 0.02 cents here.

1.Being a female,of course you stand out initially from the super competitive and heavily populated Indian IT Male subgroup :)

2.Those are just awesomeeeee programs...IIM A is among the world's top 15 list and ISB in top 20.But top 5-7 US programs will gonna have an edge over any other in the world I think...I hope you understand why it's so... 8-)

3.Any top 1year program is at par with any top 2 year program I think with only main differences-you shell out more money in the 2nd case and won't get internship option to leverage in the 1st unlike 2nd..

Well, having said that let's now wait for the Guru's comments...:)

And oh! Jon-it would be really great if you please shed some light on my questions in my post above...
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Thanks debayan222! yeah.. Guess Jon will definitely have more to add! :)
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Aw you guys are sweet, but debayan, your answers are pretty much on the dot. Being female is for sure an advantage, and yes one year programs are as good as 2-year programs (but maybe a bit less for career changers) Expect I'd say that the top US programs are a LOT more valuable than the Indian programs (unless maybe you prefer to stay in India)
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debayan222
JonAdmissionado
Swetha,

3) What would be total cost of the MBA programme and the living expenses during the 2 years?
Between 80=120K$ Yep! It's that much money!

Hi Jon-I guess considering all the costs(living and other miscellaneous expenses) it would go up to $160K-$180K in 2 years..Your thoughts please!

JonAdmissionado

4) Do the schools offer any scholarships? If yes, what would be the probability that I get one?
Many schools offers scholarships. In general if you want to get a scholarship, you get them offered by schools that are slightly less good than what you can really get into. So for example, let's say you are UCLA material. Then maybe BU would offer you a scholarship. Scholarships are generally offered to candidates schools want to entice to come because they believe they are particularly strong.

Could you please come up with scholarships and financial aid options for Indian applicants in general(may be not school specific)...And BTW, any idea-what is the GENERAL interest rate for MBA loans from US banks...?

JonAdmissionado

5) Is it possible to work part time in the hectic schedule? How about the study loans? Should we take loans from Indian Banks or US banks?
It's not recommended to work part-time. You will likely have your hands full. As for the study loans: wherever it is cheaper for you to borrow from!

I've read in the forums that people pursuing FULL TIME MBA in US,can work on campus and pay for their own living expenses....? It would be great if you please shed some lights on this?(are you considering this as working part-time..?)

Hi Jon,
Any update on this...?

Eagerly awaiting your expert's comments man...!
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JonAdmissionado
Aw you guys are sweet, but debayan, your answers are pretty much on the dot. Being female is for sure an advantage, and yes one year programs are as good as 2-year programs (but maybe a bit less for career changers) Expect I'd say that the top US programs are a LOT more valuable than the Indian programs (unless maybe you prefer to stay in India)

Thanks Jon for your reply...

Look forward to your feedback on my questions too in the immediate above post... :)

Actually,for my own clarifications I threw some queries on your comments to another post..!
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JonAdmissionado
Aw you guys are sweet, but debayan, your answers are pretty much on the dot. Being female is for sure an advantage, and yes one year programs are as good as 2-year programs (but maybe a bit less for career changers) Expect I'd say that the top US programs are a LOT more valuable than the Indian programs (unless maybe you prefer to stay in India)

Thanks for the advice Jon! I would prefer an MBA from US schools to Indian schools and would not mind working working abroad. Only worried about the expenses and the time to pay off the study loans.. Hence the questions about working part time! Please help.
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debayan222
JonAdmissionado
Swetha,

3) What would be total cost of the MBA programme and the living expenses during the 2 years?
Between 80=120K$ Yep! It's that much money!

Hi Jon-I guess considering all the costs(living and other miscellaneous expenses) it would go up to $160K-$180K in 2 years..Your thoughts please!

JonAdmissionado

4) Do the schools offer any scholarships? If yes, what would be the probability that I get one?
Many schools offers scholarships. In general if you want to get a scholarship, you get them offered by schools that are slightly less good than what you can really get into. So for example, let's say you are UCLA material. Then maybe BU would offer you a scholarship. Scholarships are generally offered to candidates schools want to entice to come because they believe they are particularly strong.

Could you please come up with scholarships and financial aid options for Indian applicants in general(may be not school specific)...And BTW, any idea-what is the GENERAL interest rate for MBA loans from US banks...?

JonAdmissionado

5) Is it possible to work part time in the hectic schedule? How about the study loans? Should we take loans from Indian Banks or US banks?
It's not recommended to work part-time. You will likely have your hands full. As for the study loans: wherever it is cheaper for you to borrow from!

I've read in the forums that people pursuing FULL TIME MBA in US,can work on campus and pay for their own living expenses....? It would be great if you please shed some lights on this?(are you considering this as working part-time..?)


Hey Jon-could you please come up with your comments on my thoughts above in reply to your comments...?

Much thanks!
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Sure thing.

3. Yep, you are right. That was just tuition. With living expenses, your numbers are closer to the truth.

4. There is nothing "in general" I can think about, other than the funding offers that the MBAs make upon giving you your acceptance offer, and that one is based on the strength of your candidacy, and how much they want to entice you.

5. There are some possibilities to do this and cover your living expenses, but MBA students don't do this so much (cause they are too busy). But it's up to you. Look into positions in living management (RA) in the schools you are thinking about.

Hope this helps!!!