Preparation for MS in Management (MiM)

Question

Hi,

Starting with a bit of introduction, I have a B.E degree with 10 months of experience in an IT MNC. With my limited work experience and inclination towards marketing, logistics and management, I figured a MS in Management would be the way to go.

I have started preparing to the take the GMAT and as suggested in various forums, took the GMATPrep test 1 to identify my base level. I got a 550 with Q44 and V21. What should be my target score with these criteria? What levels should I aspire to be at with 3 months of preparation from now?

Coming back to MS in Management, How is the value of such a program in terms of career growth, return on investment and recruiter perspective? Singapore Management University, IE business school and Frankfurt School of Finance and Management are the current top 3 in my list. What can be the pros and cons of these universities in terms of MiM? Which other universities can I be looking at?

Any suggestions and\or tips would be deeply appreciated and of utmost help. Thanks in advance

GeneralEducation · Answer

Hi,

550 is not the score, if you are targeting the top B-Schools. No matter how strong is you profile, try getting a score of 700+. This will give you an added advantage and choice of schools also increases. MiM Programs are good for people with 1-1.5 yrs or work experience. You can find out about the schools here:  https://goo.gl/TqFWKY

Hope this helps.

GMATPill · Answer

The higher your score, the better of course. But for the top 10 business schools, you should try to aim for 700+. For top 25 business schools, aim for 650+.

You can also browse school listings to find the average GMAT score for your school. Being on the higher end is better but you should also take into consideration the # of years of experience you have and your undergrad credentials. Your background certainly plays a role so your GMAT score is not the sole factor.

Aspiring760 · Answer

Hi nehasingh1020,

Thank you for your reply. I understand the importance of a GMAT score of 700+ and have already started preparing for that. I was looking for more clarity on if my choice of program makes sense. In very general terms, what kind of a position does a MiM graduate hope to hold in a company? How is the return of investment factoring in geography, job profile and personal excellence?

Thanks, hope to hear from you soon!

GyanOne · Answer

Apologies for a late reply Aspiring760, however this might help applicants with similar questions.

Information on positions, return on investment, job profiles and career growth is highly dependent on your short term goals. There are certain industries that are flourishing in the European region, thus all the above mentioned parametres would be in your favour if you apply to top MiM programs in Europe, considering one of those industries as your short term target. This might not be true for all industries. Similar is the view for MiM programs in other geographies as well.

We would suggest introspecting on your short term goals and then matching it up with the specialization of particular MiM programs. Read more about  top MiM programs and related success stories here .

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