Forum: General Forum (9 Comments)

M Sc Management

  • Posted by - abhinandan90 - on 23 December 2011 - 11:58am

    first of all, i need to congratulate you on this brilliant endeavor to provide such detailed and almost precise information to prospective students.
    my doubt is, although i have started applying to many universities in the Uk fr the masters in management, what kind of edge will we have over a technical graduate who competes with us for employment? with the current global economic trend, which countries, among those offering MiM, are the best prospects. and if we ignore the economic downturn in the UK and proceed to do an MiM there, how realistic is it to apply for jobs outside UK and actually get one ?
    finally my profile, i have a 7.25 cgpa from a top 10 university in india, no.1 private university. i am doing my B Tech in computer science. lots and lots of extra curricular activities and leadership programs. as of now i have applied to hult(have been offered an interview), loughborough, lancaster, glasgow. planning to apply to the big ones in the coming 3 weeks . i would like to know more about hult. although i find their course really interesting, i find that a huge section of the indian population do not know about hult in the us. and i havent had great reviews about it from us nationals too . . . which worries me because their program is really interesting on a personal level . pls shed light on this for me.

    regards,
    abhinandan

    • Posted by - abhinandan90 - on 9 April 2012 - 12:13am

      thanks a lot for the infrmation, will do that. i am meeting a representative from the institution tomo . will make sure I have him on his toes with my questions! :)

    • Posted by - abhinandan90 - on 8 April 2012 - 11:42pm

      hey!

      thank you for the reply and all that information. i would like to further let you know that I have been offered a place in the MSc management in Warwick and I have accepted it. Now my only concern is with the job prospects as they have imposed new restrictions on the immigration rules in the UK. Is it really hard to find a job fr a non-EU national? And if so, how hard, in terms of availability and options ?

      regards,
      abhinandan

      • Posted by - Thomas Graf - on 9 April 2012 - 12:08am

        Hi Abhinandan,

        great news - congrats! As for the legal situation in the UK - do graduates from outside the UK get jobs - you should directly contact Warwick Business School for two reasons.

        First, they should have the most updated information.
        Second, because it is in their best interest that you get a job afterwards.

        I recommend you to use our REQUEST INFO Button in the Warwick MSc in Management profile. When you click on this button you will see a message form with a field for your personal message. There you can explain your concern and kindly ask for information on this matter.

        Another approach could be to evaluate your career options outside the UK. You could ask

        • the school's career service about their experience and statistics regarding the target countries of their MIM graduates
        • and companies in your country of interest (e.g. India) about how they value a MIM from Warwick.

        Best
        Thomas

        • Posted by - abhinandan90 - on 9 April 2012 - 12:12am

          can u tell me

          1. how good warwick is ? its reputation in the uk?
          2. how difficult is it to get a job now in the uk? is it impossible?
          3. will the warwick brand name help in anyway while I apply for a job?
          4. considering I am doing my UG now, and maybe do a 3 month internship befre leaving for my MiM , wihtout any full time work ex, will i lose out on good oppotunities ?

          • Posted by - Thomas Graf - on 9 April 2012 - 1:14am

            Hi there,

            1. how good warwick is ? its reputation in the uk?
              Its reputation as a business school is very good. I have not studied there personally so I can't tell you about the quality of individual programs. But I can say that Warwick has a very good reputation as a school - in the UK and beyond. In the FT Global MBA Ranking they are on position 27. In the FT European Business School Ranking they are on position 18. Warwick may not have a similar reputation as Cambridge or Oxford of course but as to my best knowledge this is a well-established business school with a strong reputation.

            2. how difficult is it to get a job now in the uk? is it impossible?
              This is exactly the question that you need to direct to Warwick representatives. Also, not rely only on one person. Talk to Career Office people. Finally, ask them to bring you in contact with current students and alumi. Especially the alumni may be a helpful source of information as they have some distance to everything and may provide more objective opinions. Also, ask the career office for statistics of where the non-UK-graduates end up after the graduation.

            3. will the warwick brand name help in anyway while I apply for a job?
              I am sure that it will help. But of course it depends on the country and the company. Therefore it would be helpful if you make a list of 3 or 5 target firms that you would like to potentially work for. Call them and very kindly ask them to put you to the HR department. Tell them who you are, that you are interested in their company, and that you want to do a MSc in Management at Warwick before going to the job market; and if they could let you know if hey know Warwick, if they recruit on campus, and how they assess the MIM as a whole.

            4. considering I am doing my UG now, and maybe do a 3 month internship befre leaving for my MiM , wihtout any full time work ex, will i lose out on good oppotunities ?
              Why should you loose opportunities? An internship is something positive, particularly when you do it at a renowned company, in an area where you want to work later on, and when you do tasks in this internship that have a certain meaning or require a certain responsibility.

            Best
            Thomas

    • Posted by - jayprakash - on 2 April 2012 - 1:29pm

      ...

      • Posted by - Thomas Graf - on 2 April 2012 - 2:30pm

        Hi there,

        Thank you for your message. I think it provides some good insights in how the admissions process for a Master in Management (MIM) could look like and how different schools’ responses can be.

        Well, first all let me recommend me to contact them again if they did not respond up to a certain deadline. Of course it may be that the school has a bad administration but it also can simply be that something went wrong. So, to make sure that you were not lost in the process (and also to give them a second chance to prove that they work effectively) I would contact the schools again (e.g. by a phone call) and ask if they can give you a quick feedback on your application process.

        My second comment is that you have a great GMAT. Congratulations on that. Together with your engineering background you have a great CV for a Master in Management program. Simply make sure that you apply for programs that are open to people without an academic background in business or economics (75% of the MIM programs are not limited to business or economics graduates).

        As a third comment, I am impressed by the scholarship options you have received already. You mentioned ESCP and Essec for instance. Scholarships usually are granted either merit-based or need-based. Both types of scholarships appear to be appropriate for you since you have an excellent GMAT and – according to your argument – don’t have strong financial resources. Therefore, you should be able to find a very good program and at the same time keep in your range of 37k Euros.

        Next, your career perspective – 2 or 3 years in an Investment Bank and then go back to India – also makes sense. My recommendation just is that you contact the career office of your target schools first and make sure that they have GOOD contacts (and not just “some”) to investment banks, particularly for Master in Management graduates. London as Europe’s banking center could indeed be an appropriate place for this.

        Finally, you mentioned the length of the curriculum. It eventually will depend on your budget – but I would also recommend you to choose a longer program, ideally with an in-company project or internship, and ideally in a company such as the consulting or financial sector. This could make your career start in an investment company easier after graduation. However, I would still choose the program that maximizes the likelihood that you find a job in an investment bank later on – no matter if the program has 11 months of length of 16. So I would recommend you to carefully examine the links to the investment banking sector in each of these programs.

        • Which options does the LBS offer you here? E.g. do they have campus visits of banks?
        • How many graduates did end up in the investment banking sector?
        • How do THEY assess your chances to find a job there?

        Same for the other schools that you mentioned, e.g.:

        • How does the extended program length at HEC help you in finding a job at a bank?
          etc.

        I hope that my comments gave you some inspirations in how to move on.

        Best wishes
        Thomas

    • Posted by - Thomas Graf - on 25 December 2011 - 2:12pm

      Hi Abhinandan,

      thank you for your post. Though I perfectly understand your concern, the approach is a bit too broad in my opinion.

      Of course it makes sense to collect data on local or regional economy and employment conditions - for example, on what are the economic broadcasts in the UK - in order to get a taste of "which countries, among those offering MiM, are the best prospects".

      But I am not sure to what degree this will give you an idea of the career potential of a specific Master in Management (MIM) program in the short and in the long run. Instead it may be useful to break the question down a bit as you did it at the end of your post when you mentioned the US. Let me use this as a start.

      The MIM and the US
      The Master in Management in general is a European phenomenon, at least at the moment. The MBA in contrast is a US phenomenon that gained acceptance beyond the US and all over the world during the last 20 years. The MIM may find acceptance outside of Europe some day as the MBA found acceptance (and even was transformed in its structure) outside the US but this will need time and awareness of the usefulness of the programm.

      As to my best knowledge, many people in the US don't see a reason for a postgraduate general management program directly after your studies (the MIM) when there are MBA programs that you can do after some years of professional experience. Therefore, you may face strong doubts on the usefulness of your education if you do a European Master in Management and aim at a career in the US.

      I am not saying that it is impossible. But you may hit on some doubts. Therefore: IF YOU TARGET A CAREER IN THE US WITH A MASTER IN MANAGEMENT (or at least include this as one option in your career plan), I would

      • either choose a MIM program in the US or North America in general
      • ideally at a renowned business school such as Thunderbird School of Global Management or the Richard Ivey School or others that you can find in our database
      • and ask the school about the career options that their MIM provides you with (what is their experience with graduates of their program particularly when coming from India?)

      If you primarily want to stay in Europe...
      ...then you should try to find out the INDIVIDUAL career options that a school offers you as an additional approach to just looking on the country data. Questions you need to address, e.g. to school representatives, alumni (ask the school to bring you in touch with them), and maybe even employers (just contact them) are:

      • How good is the careerservice of that school (nice question that you can direct to alumni)
      • what are the specific services of that career service?
      • DO companies come on the campus to recruit Master in Management graduates?
      • In general, do you have contacts to companies?
      • Are these contacts also to companies abroad?
      • How fast do your MIM graduates find a job after graduation?
      • Which experience do you have with Indian graduates?

      By (1) determining where you want to work later on, (2) selecting some countries of your interest for your studies, (3) selecting some schools within that country, (4) informing yourself about the economic situation in your future career country, and (5) investigating in the schools specific contribution to your career you will get the best information.

      In case of Hult International Business School, you may contact Katja Gomer directly - she is your personal contact there and happy to answer all your questions about Hult.

      In general, schools are - naturally - stronger in connecting with local firms than with firms abroad. If you are not interested in working in the country where the campus is then

      • choose a different country
      • or choose a school with a strong network (e.g. a partner network) to schools in other countries
      • or choose a school with a reputation beyond the country where the campus is located

      If you want to work in India specifically, a wise approach could be to investigate in schools who already have connections with India, e.g. who had Indian students in the past and successfully placed them in India after graduation (maybe they have connections to employers in India).

      My final comment: Never rely on the career service of a school! Always be aware that it is your responsibility to look for an employer and design a strategy to target employers. Once you have taken that position you can start to investigate how a school can fit into your strategy, e.g. by

      • offering internships or in-company projects DURING the program
      • help you build the first contact to firms
      • etc.

      I hope I could be helpful.
      Best wishes
      Thomas