Forum: General Forum (4 Comments)

I'm Almost There! Waiting for your reply !

  • Posted by - Arun - on 10 August 2012 - 11:53pm

    Hi Thomas,
    Firstly congrats on your contribution to this vast student community. Honestly, i can't wait to mark your website as the source of information in the B-Schools i am targeting. :)
    Ok, now, I scored 95% in High School.I currently hold 77% in my B.Tech IT (2009 - 2013) in Anna University, India. Expecting GMAT score of 700+. Will be launching my own E-Commerce website in two months time. I'm considering a Masters in International Management, and am applying to HEC, LBS, ESSEC, ESCP, EM Lyon, RSM, ESADE, Grenoble, Warwick (priotized order). So, Please can you guide me throught the admissions.. What do you think of my chances?
    Please throw some light on the apprentissage programs as well!

    1. I can't decide on the safe schools - some help on reputation and employment opportunties after graduation, if you happen to know, would be wonderful.

    2. What is the working visa situation like, if an Indian national wanted to work in the EU after graduation?

    3. While I know that Europe is, geographically, where I want to be for the next 5-7 years, I want to, somewhat hesistantly, add that I have no idea what kind of profile I am looking at, having graduated with a Masters in International Management. I realize a quasi-technical degree might make looking for a position easier, but I really, really like the curriculum that constitutes these IManagement degrees.

    Also, I am confused with the following 3 tracks in mind:

    a) Join MiM 2013 Sept. from a top European B-School.

    b) I am most likely to get an Analyst job at Deloitte, so work there for a year ( get fluent in french in the mean time) and join in MiM 2014.

    c) Work for 3 years at Deloitte(meantime obtain a CFA certifictaion) and pursue MBA in 2016.

    I am looking at a future in Consulting, Financial Services or Investment Banking.

    I guess that is a long list of questions,but you will do me a great favor if you help with this. Please, please do reply!Thank you for spending your valuable time!

    Regards,
    arun

    • Posted by - Thomas Graf - on 12 August 2012 - 1:32pm

      Hi Arun,

      thank you for your questions.

      HEC, LBS, ESSEC, ESCP, EM Lyon, RSM, ESADE, Grenoble, Warwick
      Well, my honest intuition is that you will pass the first round at all these schools. As far as I see it from the distance you have a great profile and there will be no reason not to invite you to the interviews. However, what happens in the interviews is another question. But based on your formal CV I am 100 percent sure that you get invited.

      apprentissage programs - What do you mean by that...?
      safe schools - What do you mean by that...?

      "What is the working visa situation like, if an Indian national wanted to work in the EU after graduation"
      There may be differences depending on the country. As to my knowledge, for instance, there is a restriction for non-Europeans to work in the UK after graduation. But this may have changed. My recommendation is: Try to find it out for each country of your favorite schools separately. How do you do that?

      • Contact the Indian embassy
      • Contact the Business School's career service; particularly ask them about their experience with Indians and their placement in the respective country; If hey don't have experience... maybe not a good idea to study there...

      "I have no idea what kind of profile I am looking at..."
      Well, you mentioned that you are looking for a job in "Consulting, Financial Services or Investment Banking". So, the next question is: Which school and program offers you the best chance to find a job in Europe in these areas. One thing we discussed already - it's about the school's experience with placing Indians and it's about the state regulations. But now you also need to screen the schools with respect to the firms that come to campus and the firms where the graduates finally find a job.

      • Again: Contact the school: The admissions department and the career service. Ask them which companies come to campus and where their students find a job.

      "Also, I am confused with the following 3 tracks in mind."
      All three tracks make sense to me. It's about your preferences. My PERSONAL recommendation, however, is: Take the job offer (your current career options) as the most important criterion. Meaning:

      If you find the job NOW that you are looking for AT THE MOMENT, take it. You can always start a program later in your life. But you may not be able to find a job at any point in your life. So, if you have the chance to do a job NOW that you like - I would take it. So, I recommend (option B ). Choose option A if you are not happy with your career options right now.

      Then you keep on working and you see how this feels like. If you feel happy in your position, if you like your job and your environment, if you think that you can learn on the job in the next years - then keep on going.

      Only chose a MIM (option B ) if you feel not happy in your job after one year. By the way, you can apply for the MIM anyway and then still decide against it. You may loose the 200 Euros costs for applying for a program but who cares...?

      After some years of working, you can still decide if you go for an MBA (option C ) or not. You don't need to decide now. Maybe you like your job and get promoted. Then you may not go for a fulltime MBA. Maybe you go for an Executive MBA after 8 years of working.

      Try to make decisions step by step.

      Best
      Thomas

      • Posted by - Arun - on 13 August 2012 - 12:50pm

        Hi Thomas,
        Thanks for your response! As you said i have mailed a few alumni of the schools i am targeting, waiting for their reply!

        By Appresntissage program i refer to the compulsory internship that comes along with the course! This is quite famous in ESSEC. One of the Indian alumni told me that students use this opportunity to convert into full time jobs! Also the compensation during this intern will cover the education costs!

        By safe schools, a list of schools which i can be sure to get admission!

        Also dont you think 2yrs aca + 1yr internship is a long time, because in the same three years i can gain valuable experience from my work at Deloitte, also this means i won't be any different from my Indian counterparts when applying for MBA in top B-Schools 4-5 years from now!What is your take?

        Which do you think is the best way to enter Consulting( Strategy...involving client facing jobs, travelling, etc.) ? Geography of work is not an issue for me, atleast in the initial stages!

        People here tell me that as far as India is concerned, the best way to get there is to get admitted into one of the IIMs and complete in the top 5-10% (this is definitely a great challenge that i have no hopes upon! :) - the avg applicant per seat in the IIMs is a whopping 500+)!

        Waiting for your reply!

        Regards,
        arun

        • Posted by - Thomas Graf - on 13 August 2012 - 1:40pm

          Hi Arun,

          "Also dont you think 2yrs aca + 1yr internship is a long time, because in the same three years i can gain valuable experience from my work at Deloitte, also this means i won't be any different from my Indian counterparts when applying for MBA in top B-Schools 4-5 years from now!What is your take?"

          Fully agree! I would take a MIM program with some months of in-company project or internship so that you can finish the whole program in between 1 or 2 years.

          As for entries into consulting, it is possible after your undergrads, after your Master, and after the MBA. It depends on your grades (very important) and contacts. A Master at a school where consulting companies come and recruit makes much sense in that case. Also, you can specifically ask about the employers that offer the obligatory internship or in-company project.

          Overall, I have to admit that I like your idea the most: Working for Deloitte for some years and then go for an MBA at a renowned school where strategic consulting firms recruit from.

          Best wishes
          Thomas