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19 Oct 2015, 00:12
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I have been studying for my GMAT since 15th August 2015.
I a indian male,aged 38 yrs graduated with Civil Engineering. I have got a 15 yrs work ex & I am working with a big corporate on a senior position. Now I want to take my career to a greater level & hence I am planning to do a MBA and that to a FULL TIME.At present my GMAT scores are hovering around 580.I am targeting around 650.
I want to go ONLY to TOP M7 US SCHOOLS
But I am struck up in one query.
Whether I should take a 1 year MBA or 2 Years MBA.I am aware that 1 yr would need lesser cost in terms of finance & opportunity .
But Is the one yr MBA at Chicago Booth or at the top M7 have the same value/recognition/prospects/employment opportunities and post MBA salary as that of a 2 yr MBA.
Would need your advice
I a indian male,aged 38 yrs graduated with Civil Engineering. I have got a 15 yrs work ex & I am working with a big corporate on a senior position. Now I want to take my career to a greater level & hence I am planning to do a MBA and that to a FULL TIME.At present my GMAT scores are hovering around 580.I am targeting around 650.
I want to go ONLY to TOP M7 US SCHOOLS
But I am struck up in one query.
Whether I should take a 1 year MBA or 2 Years MBA.I am aware that 1 yr would need lesser cost in terms of finance & opportunity .
But Is the one yr MBA at Chicago Booth or at the top M7 have the same value/recognition/prospects/employment opportunities and post MBA salary as that of a 2 yr MBA.
Would need your advice
20 Oct 2015, 09:21
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Hi there,
Unfortunately, with your level of work experience and low GMAT, an M7 school is a far stretch unless you have other aspects of your experience that really cause you to stand out. The median age at M7 programs ranges between 27-29 and median GMATs are upwards of 720-730 for your applicant pool. From a pure numbers standpoint, you would be an outlier. To answer your question directly, the 1-year MBA is the same degree as the 2-year MBA. For the most part, you will still be recognized as a full-time MBA student, however, you'll miss out on some of the other benefits the 2-year MBA program has to offer (e.g. networking, internship, and some involvement opportunities with a cohort).
Hope this information helps. This probably wasn't what you wanted to hear, but our job is to give you an honest assessment and feedback of where you stand. If you decide to move forward, or change your target programs to ones where you're better aligned, feel free to check out our free resources to get you started for your R2 preparation. Best of luck this season!
Unfortunately, with your level of work experience and low GMAT, an M7 school is a far stretch unless you have other aspects of your experience that really cause you to stand out. The median age at M7 programs ranges between 27-29 and median GMATs are upwards of 720-730 for your applicant pool. From a pure numbers standpoint, you would be an outlier. To answer your question directly, the 1-year MBA is the same degree as the 2-year MBA. For the most part, you will still be recognized as a full-time MBA student, however, you'll miss out on some of the other benefits the 2-year MBA program has to offer (e.g. networking, internship, and some involvement opportunities with a cohort).
Hope this information helps. This probably wasn't what you wanted to hear, but our job is to give you an honest assessment and feedback of where you stand. If you decide to move forward, or change your target programs to ones where you're better aligned, feel free to check out our free resources to get you started for your R2 preparation. Best of luck this season!
