I am creating this thread to have an open discussion on the pros and cons of 1 year MBA in India. Also helpful would be the inputs of alumni and current students of various B schools pursuing 1 year MBA. The goods and improvement areas of various …
I am creating this thread to have an open discussion on the pros and cons of 1 year MBA in India. Also helpful would be the inputs of alumni and current students of various B schools pursuing 1 year MBA. The goods and improvement areas of various B schools(in terms of 1 year MBA) can be discussed to help aspiring people make a relevant decision without any liability on anyone. Please make sure that posts on this thread are strictly for 1 year MBA.
Hello World 😁
To start with my concerns about GMP placements are rising by the day. If only a current batch student could say something to calm my nerves.
As the placement season is coming to an end, websites are swarming with placement reports. These reports always accompany some type of hullabaloo. I believe inability of both MBA aspirants and public at large to read between the lines results in flawed expectations and in worst cases annoying...
Comparison of Indian and US B-Schools
A few years ago, Indian students vied with each other for a chance to go study in abroad to pursue higher studies. Even if they had the option to study in good universities in India, many of them still preferred to study abroad, even if it entailed spending a lot more.
A comparison on average students intake, salary and fee. Though the details are not of latest batch but it do provides a rough estimate
Comparison of Top B Schools In India, Top MBA Colleges In India
any other option after GMP?? I mean any back up college??
Its a nice thread... To add people having experience in manufacturing / allied sector can go for IIMC PGPEX-VLM programme. Its tailored made program for manufacturing guys.
XLRI GMP program has a challenge with placements and it is a well known fact even though the professors would shy away from admitting it. Furthermore, it is true that placing candidates with 8 plus years of work experience does become a challenge because of fitment, salary and progression options. I have seen nasty email exchanges between students of IIMC PGPEX and the chairperson two years ago on PG forum highlighting the fact that not every candidate gets the kind of placement that one gets to read in the newspapers or on forums. If one looks at foreign schools that offer full time MBA program for candidates, they also highlight that 85% plus candidates were placed within 3 months of course completion. However, they are candid in admitting that while the school will extend all help possible but it is not the responsibility of the school to find candidate a job. Thus, they setup proper expectations. Honestly speaking, candidates with extensive experience who go back to business school to study do so because they need the knowledge to take on executive management roles in organization and they are usually able to find a placement for themselves through their existing network or head hunters. The colleges can only help facilitate career dialogues with prospective employers but cannot help much beyond this.
any other option after GMP?? I mean any back up college??
If you have 5 plus years of experience then Vlerick in Belgium is a good choice. It has good ROI. Furthermore, you don't have to run around to arrange finances to study at some of these international schools because you can turn to Prodigy finance (https://prodigyfinance.com) which has an unique business model of offering study loans for select schools in UK, Berlin and Belgium without any collateral or guarantee for international students from across the globe. If you get an admit to these schools, more or less you will get a student loan on attractive terms from Prodigy on your own guarantee. Some other schools worth considering (deadline is around March 2014) happen to be University of Cranefield, University of Warwick, Emlyon business school, Caas school of Business in London. If you are worried about work visa issue in UK and Europe then you can reach out to their counselors over Skype and have your queries answered but what I know from them so far is that the situation is not that challenging anymore. Best of luck!P.S.: All the schools that I have mentioned above are top ranked European b schools as per The Economist for candidates with substantial work experience.
For folks with ten plus years of work experience and at least three years in senior middle management of their company, Nanyang's fellow MBA program is the best fit. It is the true general management program in the sense. The application deadline are on rolling basis but it is best to apply before end of March 2014. They do offer generous scholarships so study loan required for this program is not more than what you will need to fund if you joined ISB. The course is very reputed and does not require GMAT to join but it requires strong recommendation from VP or CEO of the company. If you have a GMAT and IELTS then it is an added advantage. You can submit your CV to the school for profile evaluation here:
Submitting your resume for a pre-assessment is a great way to begin a dialogue with our Admissions team. Pre-assessments are especially helpful for candidates who are uncertain about whether an Executive MBA programme or Nanyang Fellows MBA is appropriate at the current stage of his or her career.
For more info about the program, visit:
Transforming the Next Generation of Asian Leaders Nanyang Fellows MBA Class of 2012/13 Singapore s Elite MBA The Nanyang Fellows MBA is a full-time one-year elite MBA Programme designed for exceptional mid-career executives destined for the pinnacle of leadership. The programme was launched in...
Nanyang is one of the top most ranked Asian b schools in the world.
If you are seeking to apply to foreign b schools, please read the below post carefully or else you may be up for some severe disappointment. Their selection process is not even remotely similar to what is done by XLRI and IIMs and partly similar to ISB's model though huge differences exit.
Myths:
1. A high gmat score means higher chance of an admit.
2. A normal work resume is more than enough for the purpose of submission
3. I can do the application essays in flat five days and apply to the school
4. Strong academic performance is a sure shot ticket to admission
Truth:
1. The reality about the typical IT male/female with GMAT scores in 680+ range applies to nearly all foreign schools. This is also true for candidates from China because Chinese and Indian GMAT takers are top most when it comes to cracking the quant section. As a result, most schools have different GMAT cut off criteria internally when considering students from India and China versus Other nations. Reality is that the average GMAT score for rest of the world is about 540! Not though for Indians or Chinese. However, a high GMAT score will not alone help.
2. Foreign schools focus more on the quality of your work experience and involvement with extra co-curricular activities, NGOs, social projects. In short, they want a well rounded personality and not just a studious nerd. You must draft your resume accordingly. The resume for b school purpose should contain your awards, achievements and key highlights for each of your jobs and should not be more than one page long. Thus, you have to put on your thinking hats and put what is relevant. This is where engaging a good business school consultant comes into the picture who will help you draft and edit your resume and applications accordingly.
3. Your essays need to be direct, full of examples and must have engaging storyline. Remember, b school admission directors read a lot of essays so your essay should not bore them to death. Showing off your English vocabulary in an essay will only land it in the paper bin faster so keep it simple, strong and practical. It usually takes five self reviews before you can even feel satisfied with what you have put together.
4. IELTS academic is a good to have score for UK schools. On a band of 9, if you are overall 7 or above then you are pretty much a strong candidate. Search up IELTS British Council on Google and you will get more to read about it.
5. Also, there are invaluable resources and personal success stories published by successful applicants at these schools on other sites like gmatclub.com so search for it on Google.
Did some more digging and the information that is coming out is not very encouraging...seems like GMP doesn't have very good tie-ups from the placements perspective. This incident is particularly disturbing...there is no sense of clarity and no help from the institute at all...Rupees 35 lacs for this ? 😞
Update:I stand corrected, this post is for the XLRI PGPMI not GMP. Thanks @dbcjr666 for finding out for us.
Sorry for being a bit unrelated, but is this happening for real ?
I think, this should be the right place to discuss this !!
Various inputs till now suggest that the placement scenario might be a part of concern...... But how about the course (i mean content, knowledge, learning and development) ?? Any views please
@GMPCo2014 Though a knowledge earning is always valuable, but investment has to be considered sometimes if lot of things are at stake. Placement Report shown at xlri site does not indicate any clear picture. We hardly know anybody else apart from you as our senior. We all will really appreciate if you could provide a real unbiased insight of kind of roles that were offered last year in GMP( we know the fact that it cannot be disclosed for the current year as its still going on).
do FMS provides 1 year program?
Any insights about IIM-I program? and how is it compare to GMP at XLRI in terms of content and placements. It has an international immersion too though I am surprised to see that IIM-I course commences in Sept and end in June, so hardly 9-10 months and not even 1 yr.
This question is for people who are in IT only -
After GMP would you consider "Project Manager" / "Associate Project Manager" profiles as satisfactory?