Posted by - Rahul - on 3 September 2013 - 9:28am

• Posted by - Rahul - on 4 September 2013 - 1:05pm

  Thank you very much Thomas. You and MIM-Compass have solved many of my doubts regarding Masters in Management programme. I am extremely grateful to you for your response on my post.

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  • Posted by - Thomas Graf - on 4 September 2013 - 1:29pm

    A pleasure. If you like this site, I would appreciate if you let the schools know about it when you talk to them.

    All the best
    Thomas

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• Posted by - Thomas Graf - on 3 September 2013 - 3:35pm

  Hi Rahul,

  thank you for your questions. Here are my comments:

  First of all, I recommend you doing an MBA - not a Master in Management. At the beginning of your studies you wil have 2.5 years of work experience. This is a classical MBA profile.

  Your GPA of 67.8% may be too low for som eof the top tier schools - but your GMAT of 740 is excellent and may compensate for that, particularly for MBA programs where the GMAT is emphasized more than in MIM programs.

  Your school selection is great. Given your GPA, you may find it hardest at HEC and London Business School to become invited for the interviews. Still, you have a great GMAT - so I would definitely try it.

  Internships are always good, particularly in such interesting areas like healthcare IT. I would definitely mention it and maybe leave out the contract part of the story.

  How can you further improve your profile: Try to use the next months to excel in your job.

  "Is doing MIM without a relevant undergraduate degree(business or economics related) results in low salary than those with relevant degree?" - on average, that's true. We found the same result in the new survey (2013, to be published soon) again. Average means that there may be exceptions, however. Also, we found this year that the big advantage of MIM programs for people without a business background is the chances of finding the job (no necessarily the salary).

  "Does applying to Manheim Business School requires relevant degree?"
  Yes, check out the Mannheim Master in Management Admissions Page, Point 1.3 Requirements.

  "Please tell me my profile is suitable for which top tier school which could provide me a good return on investment?" Keep in mind that a good ROI depends on many things BEYOND the selection of the program (for example, on the industry where you work, on your interviews with the employer etc.). In general, I recommend you first reflect in which industry, n which country, and even for which employers you would like to work ideally. Then you screen the schools' websites and even talk to the career offices to see where your target companies or industries recruit. Then you apply at these schools.

  "Is studying in countries other than Germany, France, Spain good; I mean whether countries like Belgium, Norway, Sweden, Denmark, Austria, Netherlands, Finland provide good job opportunities for International students or not?"
  My personal opinion is: You can find jobs and even good jobs in any country - it depends what career goals you have, it depends on VISA regulations (you can find this out by contacting your embassy, for instance), it depends on the regional economy, and also the schools' career services and network. If you want to work in India after your MBA or Master, I would talk to your target employers there and ask them where they recruit or which schools they know. If you want to work in a respective country, check out the companies that come to the schools in that countries - are these the firms you want to work for?

  "Will these universities permit me to do a campus job to support my studies?"
  Working on campus during your studies is a nice option to earn some money while not working too much - at least that's my personal perception. You may need to ask the admissions departments directly to find that out, however.

  "Are MIM programmes in US and Canada as good as Europe?"
  I recommend to clarify first what you mean with "good". Is a school good if it is in the top-5 of the FT Ranking? Or is it good if it fulfills your career goals? Imagine your goal is to build up business competence: For this you don't need to go to Harvard. if you want a network to the upper echelons of society, however, studying at an Ivy-League School may help. Try to assess for yourself what "good " means for you - which benefits does a master need to provide you with si that you become happy?

  As a rule, you find "good" (in a very general sense) schools everywhere, and definitely in Europe and the US. The question is: To what degree do they fulfill your personal requirements?

  As a first step, you can check how well a school is ranked in several management education rankings - e.g., the FT Master in Management Ranking or MBA Rankings. This gives you an idea of the global exposure a business school has. Furthermore, you should watch out for internationally accredited schools.

  The most important step, however, will come next: To compare schools one by one along your criteria. For instance, if you aim at working in investment banking try to find schools where investment banks recruit from.

  Best wishes
  Thomas

  By Thomas Graf

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