confused need help asap

School selection
  • Posted by ishan444 on 06/15/13 11:09am

    Since the time I got selected for masters of science in finance at Edhec (Nice) I am growing more confused than ever.
    Sir please help me out. Can you please give an insight about the program and the school.what are the career prospect if I come back to India after completing the course? What about ROI(return of investment).
    I need help asap
    thank you

    • Posted by Thomas Graf on 06/16/13 2:25am

      Hi there,

      thank you for your question. You have several opportunities to find this out:

      • Ask the career office about which companies come to campus to recruit the graduates of your program. Are these the firms you want to work for?
      • Ask how many percent find a job within 3 months after graduation.
      • Ask about their experience with people from your nationality. If they never placed someone from Indiaa... maybe the wrong school for you.
      • Also as the admissions office to bring you in contact with current and ex students. Then contact them and interview them, e.g. via Skype.
      • As for your chances in India, contact your favorite employers in India and ask them if they know your school and if they would positively evaluate a master from there (talk to the HR department).

      All of this will provide you with more hands on information about how valuable the degree is in terms of reputation and network. But keep also in mind that you build up competence in the finance area. So, ideally you should apply for jbs afterwards that require precisely this competence - independent of the institution - so that you face career advantages.

      Best wishes

      By Thomas Graf

      • Posted by ishan444 on 06/16/13 3:51am

        sir I emailed and asked for the details as advised.Sir if you can give me your take on Edhec business school I would be very grateful.

    • Posted by Thomas Graf on 06/16/13 11:11pm

      Hi there,

      thank you for your question. To evaluate a business school, you can try to collect rather general quality indicators and you can try to assess the benefits that a school specifically has for you. Actually, you should do both. I already gave you some inspirations how you can find out specific quality indicators - now as for the general ones, here are some thoughts:

      General quality indicators
      Check if a school has one or more than one of the three internationally recognized accreditations EQUIS, AACSB, AMBA. If you visit the EDHEC website, have a look at the left lower part and see if you find them... These accreditations, as you can read in our article, do NOT give you a guarantee that the school will make you happy - but it provides you with a guarantee that the school provides minimum standards in quality and has been evaluated in the past.

      Another general approach is to assess the school's position in management education rankings - not necessarily only with respect to the specific program you are interested in - but also regarding other management rankings. Why other rankings? Because it provides you with a better idea about the school's reputation of a management education provider in general - the higher this is, the more likely the school will deliver quality also for your program. I suggest that you check the school's position in the FT MIM Ranking but also in the European Business School and MBA Ranking. Don't just look at the ranking position - instead, try to understand why the school is on that position. The ranking offers different filters for this. Also, have a look at earlier rankings and how the school's position changed over time.

      Reputation in Frances
      The EDHEC belongs to the Grandes Écoles... I recommend you to read about it here.

      How important is internationality for you? Is internationality a quality signal for you? I am asking you because for some it may be - for other it may not. If for you it is a quality signal, check where the EDHEC has campuses...

      How important is it for you that a school has some sort of tradition? For example, tradition can mean that the school has more experience than younger schools in educating and placing people. Check the school's history... there is a webpage for this...

      Finally, since you are uncertain about the value of the program I recomend you to ask the school to bring you in contact with current and ex students so that you can contact them. This will provide you with further information and help you find a decision.

      Best wishes

      By Thomas Graf

      • Posted by ishan444 on 06/17/13 4:42am

        sir it has all the qualities mentioned and its ft mim rank is 3rd and msc in finance rank 6.It has all 3 accreditions.According to many sites its finance education is one of the best in the world.It has been ranked under 50 by the economist and business week but the best ranking it has got is from Finance Times.
        I tkank you sir for the replies.
        If you think I should know any more please let me know.

        Thank you

        • Posted by Thomas Graf on 06/17/13 9:36am

          Hi there,

          thank you for your message. Keep in mind (as I said above) that all of this is NO guarantee that the program is the right one for YOU. After assessing the general quality indicators, you need to exlore deeper to what degree the program offers specific benefits that relate to YOUR goals.

          That's why I recommended you to contact the school and investigate, for instance, which firms recruit at that school; or that ask the admissions team to bring you in contact with current and ex students. Ideally you should even visit the campus before you sign the contract.

          The idea is that you make sure in advance that the school offers as may specific benefits for your as possible - beyond general ranking positions and accreditations.

          Best wishes

          By Thomas Graf