Hi all,
Here is my profile:
1. GMAT 640, GPA 3.6
2. Curently working with SAP, overall industry experience is 6 year.
Due to financial constraints and low GMAT, I am ruling out most of US schools and looking towards Canada or Germany.
I would like to know my chances to get into good college in Canada or Germany with good career prospects.
As of now my German language knowledge is basic but once I get into a good German school, I intent to learn it before landing there.
Kindly advise on my prospects for both the countries and elsewhere as well, if suitable.
Thank you.

It will take you a year of full-time study to learn German. You won't be able to learn it alongside an MBA to the level required to work in Germany. Why not take that year instead to improve your GMAT and win some scholarship support, so you could then attend a better MBA, and thus get a much better position after your MBA?

With a German MBA but no German language skills, you would have to return to your home country to find work. And the most effective way to find work in your home country would be to do an MBA there.

Hi Dunkan,
Thank you for your prompt reply, as always they are very helpful.
However, due so some personal situations, I would not be able to wait for another year.
I understand my GMAT does not give me many options, and my tight budget (50k USD max) makes it even worse.
The reasons already mentioned by you in your reply even I am little hesitant for Germany, my first choice is Canada but I am not sure which collage will be good.
I have done a little bit of research, and I feel there could be a chance of me getting in Alberta,Beedie Simon,Telfer and few others.
How realistic my chances are? and how these schools are in teams of post MBA job prospects?
I know I am asking too many questions , but your suggestions are helpful.

Thank you,
uday

Yes, I think that is a much better idea. Alberta is the ideal choice. They have great placement and you are a competitive candidate if you apply early there. The other schools you mention are, as I am sure you know, not quite do strong but Canada is a better choice if you don't have the time to learn German. I would also look at Singapore: maybe James Cook University?

Hi Duncan,
Thanks again!
I would apply for Alberta.
I considered James Cook but I am little apprehensive because I could not find any accreditation information, is it good?
Also can you suggest some other schools in Canada for my profile?
I was considering John Molson as well.
Your help much appreciated.

Regards,
Uday

Try to apply to Rotman school of Management.
You can get Student loan from Royal Bank of Canada (RBC) with interest payment paid, by the school, while you're in school.
The bank is willing to lend half of the tuition fee.

If not, try York university. Ask them whether the school has agreement with local banks regarding student loan.

1.5 year ago, RBC changed its policy to allow foreigner to get student loan without any sponsorship from Canadian citizen/permanent resident.

I think your GMAT might be a little low for Rotman and York, but those are great schools. Here's a useful ranking of Canadian schools: http://www.eduniversal-ranking.com/business-school-university-ranking-in-canada.html

PS James Cook isn't a great school, but it's a solid school. Unlike may other overseas MBAs in Singapore, James Cook has a real campus with local roots. If you're in a hurry (and I think it really would be better if you had the time to focus on your goals, and improve your GMAT and language skills so you had more choice) then it's an option when you are assured of acceptance.