Forum: General Forum (2 Comments)

Confusion- Mim or MBA

  • Posted by - thomas.graf - on 9 April 2021 - 10:12am

    Hi there,

    first of all: Yes for an MBA you should have a minimum of 3 years of work experience. Some schools accept candidates with 2 years of post-degree work experience but in my opinion - and that's what you ask me for - you should have a minimum of 3 years. I really mean a minimum - 4 or 5 years would be better. Why? Because an MBA is a degree where professionals share their experience with each other. And serious business schools would not accept candidates with less experience.

    As a result, you should either build up work eperience now and consider an MBA at a later stage. Or you may go for a Masters degree now and then build up work experience - and then (in 5-10 years from now) consider an MBA if you still need/want it then.

    If you decide for Masters degree, there are several options and you should choose YOUR option based on your goals, motivation, and interest. In my Business Master eBook I outline my step-by-step approach to your Master in detail.

    We neither recommend programs here nor do we provide information on specific firms. Investigating in this is your job and only you can answer the question which program or company would be optimal for you. However, we provide you with the means - and particularly the strategy - how you can find this out (provided that you take it serious and really want to make a good decision). Again, read my eBook.

    Best wishes,
    Thomas Graf

    Founder of the MIM Compass
    Author of the MIM eBooks

  • Posted by - Nidhi - on 8 April 2021 - 12:37pm

    Hello. I would love to have an opinion about the program I am about to choose
    I am a 26 year old Chartered accountant and Company secretary final level student in India. (Chartered accountant is equivalent of ACCA in UK). I have 3 years of articleship experience in my family's CA firm where I had limited exposure in the fields of Accounting, Taxation and Auditing. Considering the difficulty of these exams I have given multiple attempts in them and I have decided to take a break from it and choose a different career path.
    I am planning to pursue a management degree in UK- Masters in management or a 1 year MBA from a decent college. As of now I plan to come back to India as soon as the course is over.
    At this point of time I am not really sure about a particular industry or a field that I want to enter in. That is the reason why I am not able to choose Masters in a particular field.
    I acknowledge the fact that I don't have considerable work experience for an mba program. The sole reason I want to do it is because a masters course is not well recognised in India but an MBA is.

    My goals :
    1.Learning
    2. To take up management related jobs in MNCs after coming back to India
    3.International exposure and networking
    4. Improving my interpersonal skills which I was highly deprived of during my CA journey

    I would like to have an opinion on:

    1. Based on my profile which course do you think would help me benefit professionally as well as academically
    2. The scope of employability after graduating from UK in India/ Are there any companies which specifically look for international MBA graduates
    3. What kind of Job roles should I mention in my SOP