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vikrambanker
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MBA fin or MSfin?? & quest regarding a already held degree. 04 Dec 2010, 00:43
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hello!
i am from india, i wish to pursue a mba in finanace or a MS in finance from us or uk(considering it is 1 year)

my gmat score is 710.(50, 38)

i am a b.tech graduation in mechanical GPA 7.3/10

i have worked for nearly 2 years with my dads firm logistics, packing and moving, cargo movement after finishing my graduation.

after that i moved into the banking industry as did not see myself in logistics in longer run. starting in a lower managerial postion. i have worked for 4.5 years in the banking sector with 2 promotions, now as branch manager.

i have finished my CFA(all 3 levels), and JAIIB, CAIIB certification(considered equivalent to a diploma in banking in india) while working in bank.

==>>>>also before joining the bank i was given academic training of 1 year(9 months classroom training+3 months intern in bank) and additional 1 year of distance online learning. it was called and MBA in banking but was not atpar with the standards of an MBA curiculam. it was more or less industry training for banking.

extracurriculars: i had participated in a short national social service program for educating village kids etc during collage. apart from that a few essay writing. few additional mechanical engginerring workshops.

QUESTION: i want to get into an international bank. will a MS in finanace or a MBA in finance suit me in my career. i am looking for UK mostly coz the duration is 1 year.

Also the training, as part of joining the bank which was called an MBA in banking, but did not have a curriculum of the standard of an mba as i have mentioned....will that be held against me. i mean will it do bad to my overall profile???..it was a 9 month class and rest online program for training people for banking.
how will it be seen by B-schools???
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RobbieWalker
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MBA fin or MSfin?? & quest regarding a already held degree. 06 Dec 2010, 22:30
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vikrambanker
hello!
i am from india, i wish to pursue a mba in finanace or a MS in finance from us or uk(considering it is 1 year)

my gmat score is 710.(50, 38)

i am a b.tech graduation in mechanical GPA 7.3/10

i have worked for nearly 2 years with my dads firm logistics, packing and moving, cargo movement after finishing my graduation.

after that i moved into the banking industry as did not see myself in logistics in longer run. starting in a lower managerial postion. i have worked for 4.5 years in the banking sector with 2 promotions, now as branch manager.

i have finished my CFA(all 3 levels), and JAIIB, CAIIB certification(considered equivalent to a diploma in banking in india) while working in bank.

==>>>>also before joining the bank i was given academic training of 1 year(9 months classroom training+3 months intern in bank) and additional 1 year of distance online learning. it was called and MBA in banking but was not atpar with the standards of an MBA curiculam. it was more or less industry training for banking.

extracurriculars: i had participated in a short national social service program for educating village kids etc during collage. apart from that a few essay writing. few additional mechanical engginerring workshops.

QUESTION: i want to get into an international bank. will a MS in finanace or a MBA in finance suit me in my career. i am looking for UK mostly coz the duration is 1 year.

Also the training, as part of joining the bank which was called an MBA in banking, but did not have a curriculum of the standard of an mba as i have mentioned....will that be held against me. i mean will it do bad to my overall profile???..it was a 9 month class and rest online program for training people for banking.
how will it be seen by B-schools???
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It sounds as if the training you underwent was specific to your employer. Is that correct or did you do this training on your own? If you did it on your own and hold an MBA, it will be an uphill battle to explain why you need another MBA. An MS in Finance sounds like it's appropriate to your goals and would be viewed favorably by potential employers. In either event, tying your reasons for wanting to pursue the degree with your past experiences in banking will be crucial.
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vikrambanker
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MBA fin or MSfin?? & quest regarding a already held degree. 07 Dec 2010, 14:23
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The MBA was specific to my employer. It was a program where the bank, collaborated with a recognized university, trained people in banking. The mba was part of my training and a compulsion for me to get absorbed into the bank and work there.

Also I wish to work my way into the higher executive management in banking. will an MSfin be fine or an MBA in finance will better serve my goal.

Also how do schools rate a few years, 2 years in my case, before entering banking, of experience in family business( small scale service sector)?

Thanks :o
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RobbieWalker
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MBA fin or MSfin?? & quest regarding a already held degree. 18 Dec 2010, 16:45
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vikrambanker
The MBA was specific to my employer. It was a program where the bank, collaborated with a recognized university, trained people in banking. The mba was part of my training and a compulsion for me to get absorbed into the bank and work there.

Also I wish to work my way into the higher executive management in banking. will an MSfin be fine or an MBA in finance will better serve my goal.

Also how do schools rate a few years, 2 years in my case, before entering banking, of experience in family business( small scale service sector)?

Thanks :o
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If you want to move into bank management, an MBA is probably more appropriate, as an MSFin has a narrower focus. However, it's not impossible to move into management with the MSFin.

With respect to your 2 years in the family business, the schools will look at your reasons for leaving. If your long term goals are in banking, then this should not be a major hurdle.