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Should I do an MBA?

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Joined: 28 Nov 2015
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Should I do an MBA?  [#permalink]

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New post 28 Nov 2015, 11:20
Hello Everyone,

This topic might sound funny to many of you; but believe me, I really mean this. I am 33 years old who has 9 years of work experience which spreads across multiple disciplines (which I believe is something that stands out in my resume) :wink: . Now, if I go back and recollect my GPA, I have a B in 10th and C in 12th; better not to mention my graduation :(

I have never thought that an MBA is this necessary to cruise in my career, but now I do understand the necessity of one in your resume. And, it doesn't mean that I need an MBA to cite in my resume, instead I need it to move up the ladder in my career and ofcourse for recognition among the employers. So, let me summarize what I need:

[*] I am in the IT Services& looking forward to move to Consulting/ FMCG, OR
[*] I am looking forward to move to a Sales role
[*] Be a key decision maker/ master strategist for an IT Services/ Product company.

Keeping the above in my mind, I am working towards:

[*] enrolling myself into a world class business school
[*] gaining 720+ in the GMAT, but I might be able to hardly get 700. That's the most I think I can get. :lol:

Now, what I appreciate from the personnel in this forum is:

[*] Am I late to do an executive MBA? I am married and have a one year old kid. :P
[*] Do my GPA's pose a barrier for my carrier aspirations? Don't I even get a chance in world class biz schools even if I perform well in GMAT?
[*] Do you suggest me to go for an MBA in India or abroad? And why?

Appreciate your response to these questions and looking forward to hearing from you.

Thanks,
Abhi.
Manager
Manager
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Status: MBA Mentor
Joined: 28 Oct 2014
Posts: 67
Location: Korea, Republic of
Concentration: Strategy, Other
Schools: SDA Bocconi - Class of 2011
GMAT 1: 700 Q50 V34
GPA: 3.21
WE: Analyst (Telecommunications)
Re: Should I do an MBA?  [#permalink]

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New post 06 Dec 2015, 18:59
Hi Abhi,

Below are answers to your questions based on my opinion !

1. You are a bit late for a regular MBA, but that actually gives you an edge to score well with the adcoms even if you have lower grades and not a stellar GMAT.
For your profile what would be more important is what you did in your work life, achievements and career path and how you want to move ahead post MBA.
For an executive MBA, I think you are fine. 9 years is a decent time to go for an executive MBA.
Overall though, I think you would stand a good chance in top schools for a regular MBA, for an executive MBA, it might be a tougher fight.

2. I don't think GPAs can be big barriers in your case. If you can get a decent GMAT score (650 ~ 700) , it should suffice given your experience.

3. India Vs Abroad is a very big and debatable question and certainly depends on your post MBA aspirations, finances etc. Executive MBA is good in India as well but really difficult to crack due to heavy competition.
MBA or Executive MBA abroad is going to be expensive, you can aim for scholarships but still you would spend a lot more. However, the kind of exposure, network and opportunities you can get in an MBA/Executive MBA abroad are not at all possible in India.
In India, you get good jobs after MBA, that's mainly because they already filter top 1% or may be 0.1% of the applicants and its easier for those guys to bag great jobs. There is not much global exposure, network and international approach to management studies.
Also, it depends if you are willing to re-locate for a few years as after you do the MBA, you would need a return on your investment and that cannot be done if you work in India, immediately after your MBA.
If just changing your job role and industry is your key motivation, then I guess you can target schools in India. But if you have a bigger perspective and would like experience management studies in top B-schools with global exposure and platform then you might want to re-think.

Hope it helps !

Let me know if you have more questions !

Cheers !
Dhiraj


nanair01 wrote:
Hello Everyone,

This topic might sound funny to many of you; but believe me, I really mean this. I am 33 years old who has 9 years of work experience which spreads across multiple disciplines (which I believe is something that stands out in my resume) :wink: . Now, if I go back and recollect my GPA, I have a B in 10th and C in 12th; better not to mention my graduation :(

I have never thought that an MBA is this necessary to cruise in my career, but now I do understand the necessity of one in your resume. And, it doesn't mean that I need an MBA to cite in my resume, instead I need it to move up the ladder in my career and ofcourse for recognition among the employers. So, let me summarize what I need:

[*] I am in the IT Services& looking forward to move to Consulting/ FMCG, OR
[*] I am looking forward to move to a Sales role
[*] Be a key decision maker/ master strategist for an IT Services/ Product company.

Keeping the above in my mind, I am working towards:

[*] enrolling myself into a world class business school
[*] gaining 720+ in the GMAT, but I might be able to hardly get 700. That's the most I think I can get. :lol:

Now, what I appreciate from the personnel in this forum is:

[*] Am I late to do an executive MBA? I am married and have a one year old kid. :P
[*] Do my GPA's pose a barrier for my carrier aspirations? Don't I even get a chance in world class biz schools even if I perform well in GMAT?
[*] Do you suggest me to go for an MBA in India or abroad? And why?

Appreciate your response to these questions and looking forward to hearing from you.

Thanks,
Abhi.

_________________

Dhiraj Jha
http://www.globalmba-gyan.com
MBA 2011 - SDA Bocconi School of Management (Milan, Italy)
Global Account Management, Samsung Electronics Headquarters (Korea)

Intern
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Joined: 05 Feb 2018
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Re: Should I do an MBA?  [#permalink]

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New post 26 Feb 2018, 03:15
While the general answer could be pay-hike or post-grad degree, there could be few other (unconventional) reasons too.

Reasons you may do an MBA

Few jobs are offered to only MBA grads. For example, I wanted to join a VC firm in an associate role. It is very difficult for a non-MBA to get into that role.
Few people want to change their job track
People have lot of money and want to spend :D

While reasons to do an MBA are different for different people, please please please Don't do an MBA for the following reasons. These are too common reasons but totally wrong reasons.

Reasons to do an MBA NOT
To learn how to run business
To learn management principles
To earn in Crores as advertised in media
To show the world that you are capable of doing an MBA (trust me, there are such people)
To have fun by going back to college life
To get respite from regular hurried job life
To get away from IT/or any other sector you are working in
To get an exciting career
To find a girl friend (the investment is too high that ROI is not worth it)
To make huge money
To increase your skillset
To raise funding for your startup
To build a company
To become a CEO

PS: Sadly, most of the times you are likely to get admitted into an MBA school, if you have the points from second list rather than the first list in your SOPs
Intern
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Joined: 06 Jun 2010
Posts: 5
Re: Should I do an MBA?  [#permalink]

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New post 06 Mar 2018, 21:50
Hey Folks

Not sure if this is the right thread to ask my question. Pl redirect me to the right thread if this is not a right one.

Question: Need some inputs if Global MBA program is a good choice for me.

Background: 2008 UG candidate from an Indian University. 7.9/10 CGPA. 2013 PGDM candidate from One of top 20 B-Schools in India. Second best college on east coast. (Atleast at the time i attended). Currently married & have a kid under 1Yr old. Turned 31 yesterday but young at heart. Over 7Yrs Work exp spread across different profiles ranging from IT consultant, Sales Manager & IT Project Manager. Looking for a more focused global 1Yr - MBA program (NYU Stern Tech MBA/INSEAD/Richard Ivey or the likes). Prime reason for going for second MBA - Going Global. I understand that incurring a 50-60Lakh loan at this stage of career/Life is a substantial burden given I have a kid & a mortgage, but willing to take the leap looking at a longer term (10Yr) perspective.
Currently i am on the verge of booking my GMAT slot towards April End and kick start application process by May 9th in line with 2nd round deadline for INSEAD for Jan 2019 intake.

Before taking the leap need suggestions from fellow aspirants, if you have any specific qualified remarks on the path I chose & few suggestions on schools I realistically stand a chance.

Thanks in advance.
GMAT Club Bot
Re: Should I do an MBA? &nbs [#permalink] 06 Mar 2018, 21:50
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