Need help. Msc or MBA?


shantaram

Duncan,

As per your earlier advise, attempted Gmat, scored 640.

A short summary of my applications :

Indian School of Business : Rejected. (Low score, Less Experience)
Bradford School of Management : Accepted.
3-Continent Master of Global Management : Accepted.
Awaiting Scores & Results for certain Indian colleges.

Out of Bradford and 3C-MGM, which one would you suggest?
Also, I came across Skolkovo, how would you rate that program? It looks fascinating to me and seems like a very good match for my needs(except for the Russia focus part). (If i could afford it, would it be advisable for me to apply there?)
I personally spoke to the Deans of the 3C-MGM program and also met the current students and was impressed by the various aspects of the program and also the immense support it is receiving from the partner institutions. What is your opinion about this course?

Regarding Bradford, I have read a lot of material on this site relevant to it and also contacted a friend of mine who is currently a student there (Full time MBA). Though he is pretty happy with what the course is offering and is optimistic about it, he asked me to examine all my options before I chose UK, considering the Visa scenario, employment opportunities in the current market (or lack of it) and the dipping interest of head hunters in India for UK MBA's. How would you comment on that?

Duncan,

As per your earlier advise, attempted Gmat, scored 640.

A short summary of my applications :

Indian School of Business : Rejected. (Low score, Less Experience)
Bradford School of Management : Accepted.
3-Continent Master of Global Management : Accepted.
Awaiting Scores & Results for certain Indian colleges.

Out of Bradford and 3C-MGM, which one would you suggest?
Also, I came across Skolkovo, how would you rate that program? It looks fascinating to me and seems like a very good match for my needs(except for the Russia focus part). (If i could afford it, would it be advisable for me to apply there?)
I personally spoke to the Deans of the 3C-MGM program and also met the current students and was impressed by the various aspects of the program and also the immense support it is receiving from the partner institutions. What is your opinion about this course?

Regarding Bradford, I have read a lot of material on this site relevant to it and also contacted a friend of mine who is currently a student there (Full time MBA). Though he is pretty happy with what the course is offering and is optimistic about it, he asked me to examine all my options before I chose UK, considering the Visa scenario, employment opportunities in the current market (or lack of it) and the dipping interest of head hunters in India for UK MBA's. How would you comment on that?
quote
Duncan

I think you need to consider how the outcomes of each programme fit your career goals, not looking at the program in abstract. None of these schools have strong roots in India. Bradford is a traditional MBA, which people will understand. Employers are happy to recruit from Bradford.
3C-MGM is a new program, and the careers support will be weak at Antwerp and Fordham for careers internationally. Skolkovo is close to a vanity degree for the rich: just a few months of classes, and then the rest is international project work. I have no idea what sort of employer would consider that a good preparation. They will recruit talented people, many of whom are already wealthy.

I think you need to consider how the outcomes of each programme fit your career goals, not looking at the program in abstract. None of these schools have strong roots in India. Bradford is a traditional MBA, which people will understand. Employers are happy to recruit from Bradford.
3C-MGM is a new program, and the careers support will be weak at Antwerp and Fordham for careers internationally. Skolkovo is close to a vanity degree for the rich: just a few months of classes, and then the rest is international project work. I have no idea what sort of employer would consider that a good preparation. They will recruit talented people, many of whom are already wealthy.
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shantaram

So you are saying that you would rather bet on a traditional MBA with a history rather than these new "cashing in on the emerging market/globalization" programs.

I was thinking the other way round, that because the traditional programs have been around for a long time, the graduates from these new programs with eclectic projects under their belt would be more employable (at least for the novelty factor). If i was hiring, I would have been interested.

Better stick to the Indian programs then? Apply to programs similar to Bradford?

So you are saying that you would rather bet on a traditional MBA with a history rather than these new "cashing in on the emerging market/globalization" programs.

I was thinking the other way round, that because the traditional programs have been around for a long time, the graduates from these new programs with eclectic projects under their belt would be more employable (at least for the novelty factor). If i was hiring, I would have been interested.

Better stick to the Indian programs then? Apply to programs similar to Bradford?
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shantaram

Or maybe I didn't get the core message..Accept the bradford offer?

Or maybe I didn't get the core message..Accept the bradford offer?
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Duncan

These exciting new programmes excite students, not employers. Ask for their placement data. If you want to work in Asia, study in Asia. If you have only the choices you have mentioned, then Bradford is a better choice. But get into the best school you can for your goals. There's time for tourism afterwards and before.

These exciting new programmes excite students, not employers. Ask for their placement data. If you want to work in Asia, study in Asia. If you have only the choices you have mentioned, then Bradford is a better choice. But get into the best school you can for your goals. There's time for tourism afterwards and before.
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shantaram

Very wise words! Will wait and see what other offers come my way, and certainly consider what you just said.

Thanks a lot! You have been a great help. :)

Very wise words! Will wait and see what other offers come my way, and certainly consider what you just said.

Thanks a lot! You have been a great help. :)
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Mamit

I totally agree with Duncan, Its better not to take risk especially if you are looking for Job after your MBA program. To be honest 1 year program is very rigorous and hopping into different countries .. new culture , new environment etc, i dont think you will be able to get the best from your program in terms of Knowledge and skills, therefore i would suggests that you must look for a program which offer your desired modules and meet your expectations.
Mamit

I totally agree with Duncan, Its better not to take risk especially if you are looking for Job after your MBA program. To be honest 1 year program is very rigorous and hopping into different countries .. new culture , new environment etc, i dont think you will be able to get the best from your program in terms of Knowledge and skills, therefore i would suggests that you must look for a program which offer your desired modules and meet your expectations.
Mamit
quote
shantaram

Thank you for the kind advice.
I already have a few admits in hand, and also have a good chance of getting into Jamnalal Bajaj Institute of Management Studies, Mumbai (easily among the top 10 in India).
I guess I will have to weigh my options properly, align the outcomes of the program with my personal goals and take a decision.
I might even consider giving the GMAT once again and applying to better schools next year.

Thank you for the kind advice.
I already have a few admits in hand, and also have a good chance of getting into Jamnalal Bajaj Institute of Management Studies, Mumbai (easily among the top 10 in India).
I guess I will have to weigh my options properly, align the outcomes of the program with my personal goals and take a decision.
I might even consider giving the GMAT once again and applying to better schools next year.
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shantaram

Duncan,

What is your opinion about MISB, Bocconi?
What will it be classified as? An altogether new school or a satellite campus of SDA, Bocconi? Will MISB share its accreditation with SDA?

Duncan,

What is your opinion about MISB, Bocconi?
What will it be classified as? An altogether new school or a satellite campus of SDA, Bocconi? Will MISB share its accreditation with SDA?
quote
Duncan

I think MISB is a great initiative, and that it will pretty quickly be in the top 20 or 30 Indian business schools and - of things go well - in the top ten by the end of the decade.

MISB is part of SDA Bocconi, so I think that its AACSB and EQUIS accreditation extends automatically. AMBA accredits MBA degrees so, because MISB teaches a diploma, AMBA accreditation will not apply.

Because of the limited understanding of the diploma, I don't think this will be a good programme for people looking to work outside Asia.

I think MISB is a great initiative, and that it will pretty quickly be in the top 20 or 30 Indian business schools and - of things go well - in the top ten by the end of the decade.

MISB is part of SDA Bocconi, so I think that its AACSB and EQUIS accreditation extends automatically. AMBA accredits MBA degrees so, because MISB teaches a diploma, AMBA accreditation will not apply.

Because of the limited understanding of the diploma, I don't think this will be a good programme for people looking to work outside Asia.
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shantaram

I now have the following admits in hand :
1) MISB Bocconi.
2) SP Jain MGB.
3) Bradford MBA.
4) Jamnalal Bajaj Institute of Management studies (University of Mumbai).
5) UCD Dublin Msc in Management. {was applying for CEMS initially but got into this}
Considering the fact that I want to get some exposure to EU/US, quality teaching and a job back in India, MISB seems to be the best bet.

What would you suggest?

I now have the following admits in hand :
1) MISB Bocconi.
2) SP Jain MGB.
3) Bradford MBA.
4) Jamnalal Bajaj Institute of Management studies (University of Mumbai).
5) UCD Dublin Msc in Management. {was applying for CEMS initially but got into this}
Considering the fact that I want to get some exposure to EU/US, quality teaching and a job back in India, MISB seems to be the best bet.

What would you suggest?
quote
shantaram

Forgot to add the fact that I also got a very good scholarship offer from MISB, Bocconi.

Duncan, what are your comments?

Forgot to add the fact that I also got a very good scholarship offer from MISB, Bocconi.

Duncan, what are your comments?
quote
Duncan

Hard choice. Personally I would be very tempted by MIBS but it is a risky choice to be in the first year of an unknown programme. Bradford and SP Jain are the safe choices. Since Bradford leads to an MBA I think that is the simplest choice.

Hard choice. Personally I would be very tempted by MIBS but it is a risky choice to be in the first year of an unknown programme. Bradford and SP Jain are the safe choices. Since Bradford leads to an MBA I think that is the simplest choice.
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shantaram

Wow! I thought you would root for SP Jain. Good logic! :)

Thanks for your valuable opinion, Duncan. You have been a great help!

Will stick around and try giving help where ever i can.

Wow! I thought you would root for SP Jain. Good logic! :)

Thanks for your valuable opinion, Duncan. You have been a great help!

Will stick around and try giving help where ever i can.
quote
Mamit

Good advice, but SP Jain has a good reputation among employers in India, so it depends where would you like to work. after your degree.

Good advice, but SP Jain has a good reputation among employers in India, so it depends where would you like to work. after your degree.
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shantaram

Post MBA work role would be preferred in India only. Or as a logical extension S.E Asia at the most. That is why I thought SP Jain would be the first choice. But I guess the MBA degree factor was also a key parameter.

Post MBA work role would be preferred in India only. Or as a logical extension S.E Asia at the most. That is why I thought SP Jain would be the first choice. But I guess the MBA degree factor was also a key parameter.
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Duncan

I don't think any of these would be a bad choice. SP Jain will have a higher percentage employed at the end of the course while Bradford will have higher salaries a few years after graduating and thus a higher NPV. Bocconi will be the choice for personal growth and wider choice of career directions.

I don't think any of these would be a bad choice. SP Jain will have a higher percentage employed at the end of the course while Bradford will have higher salaries a few years after graduating and thus a higher NPV. Bocconi will be the choice for personal growth and wider choice of career directions.
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shantaram

I guess will have thorough discussions with faculty members from the 3 schools, look at their career services cell and electives offered and then take a decision based on all the factors.
Tough choice, but then as I bring in more and more eliminating factors, ex. scope for growth, cost etc, I will eventually end up with one ;)

I guess will have thorough discussions with faculty members from the 3 schools, look at their career services cell and electives offered and then take a decision based on all the factors.
Tough choice, but then as I bring in more and more eliminating factors, ex. scope for growth, cost etc, I will eventually end up with one ;)
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Duncan

Assuming that MiBS had similar career outcomes to SP Jain's MSc (which seems reasonable) then the choice is really shifted by the scholarship. At Bradford you will have a more seasoned cohort of older students.

Assuming that MiBS had similar career outcomes to SP Jain's MSc (which seems reasonable) then the choice is really shifted by the scholarship. At Bradford you will have a more seasoned cohort of older students.
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Mamit

No doubt that you will have better cohort in Bradford, the only issue with UK universities are that they do not offer campus placements like Indian B-School does.
So if you want to play safe then go for SP Jain
but if you want to develop good network and good education then Bradford.

No doubt that you will have better cohort in Bradford, the only issue with UK universities are that they do not offer campus placements like Indian B-School does.
So if you want to play safe then go for SP Jain
but if you want to develop good network and good education then Bradford.
quote

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