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Getting MBA worth?

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  #41 (permalink)  
Old 01-03-2012, 02:46 PM
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I'm currently 25 yo, hav 1.5 years of experience in engineering. I'm tragetting MBA of overseas branded uni for a career switch. Can I know more about:
Other than Stanford Harvard Wharton etc, how can I judge if it is a top-tier uni, and how does the market value the MBA of that uni? Is it enough to judge by the global MBA ranking? What are the factors I can look into?
Yes, the global MBA ranking tables will be a good start to shortlisting potential B-schools. Try the FT rankings. Else, talk to alumnito get a real feel. For example, a school may rank very well in terms of graduates' career and salary progression, but this may be due to reasons unrelated to the school. E.g., if the school offers many scholarships to government officials who have been earmarked for high positions, these graduates will undoubtedly fly high very soon in their careers. And tht isn't because of the MBA.

But based on the profile you have shared, it will be tough getting an offer from the premier B-schools. In fact, based on your profile, it will even be difficult to stand out from the applicants to NUS, NTU, SMU. there are probably 10k+ applicants to NUS, NTU, SMU each year; while the eventual intake is around 300 - 500. At top tier B-schools, the intake rate will be even more competitive.

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  #42 (permalink)  
Old 01-03-2012, 03:33 PM
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Good for you but yours is very likely a far outlier case. Usually if u don't start out right post masters, it's very very difficult to right the career ship (which is why there is so much pressure to land the right role post masters).

Looking at the numbers, u were prob an avp post graduation, prob recently promoted to avp as its the low end of spectrum. At $20k, thats a well paid VP at a foreign bank (if $20k is base) or a low bonus VP (if it's all in comp). So effectively u had to get promoted at least 1x and move to a foreign bank, at the most difficult time in the financial markets in decades.

Possible but not an optimal example for prospective MBA students. Optimal decisions are not made on outlier data points.
I think the point is that given the effort/opportunity cost vs reward, post graduate study is a no-brainer. Some people dont mind spending 100k to buy a toyota altis, but sting on self investment e.g mba study, grad study. I see that people who take risk in the form of grad study, running own business, taking overseas assigment 5 years ago are doing much better than those who take little or no risk.

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Old 02-03-2012, 11:49 AM
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Yes, the global MBA ranking tables will be a good start to shortlisting potential B-schools. Try the FT rankings. Else, talk to alumnito get a real feel. For example, a school may rank very well in terms of graduates' career and salary progression, but this may be due to reasons unrelated to the school. E.g., if the school offers many scholarships to government officials who have been earmarked for high positions, these graduates will undoubtedly fly high very soon in their careers. And tht isn't because of the MBA.

But based on the profile you have shared, it will be tough getting an offer from the premier B-schools. In fact, based on your profile, it will even be difficult to stand out from the applicants to NUS, NTU, SMU. there are probably 10k+ applicants to NUS, NTU, SMU each year; while the eventual intake is around 300 - 500. At top tier B-schools, the intake rate will be even more competitive.
I was the previous poster that you were replying to. Thank you for the comment.

NUS/NTU/SMU are totally out of my aim. I'm targetting top MBA programs in Asia, planning to work overseas too. And I think to maximize the ROI of doing a MBA, I have to start as early as possible. By the time the programs starts I should have accumulated 3 years of working experience.

And you're right, my profile is rather weak with only a pass from NUS and 650 for GMAT, ppl around me all lol at me because i set my long-term goal at investment banking in bb.

What I can spin are my extensive international exposure, a few succesful business deals that I have made across Asia Pacific region for my MNC, and my continuous efforts in charity works. I have a good story to tell how my finance sparks were triggered, where I am now, where will I be 5 and 10 years later and how am I working towards it. I realize that many ppl don't even have a goal for his life. And I spent more than 1 year to realize mine, and draft it very specifically and ensure it makes the most logical sense. Hopefully all these will make me stand out from other candidates.

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  #44 (permalink)  
Old 02-03-2012, 12:08 PM
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IBs are superficial. They don't have the time to interview so many and hence rely on HR to do the CV filtering.

Analyst program: Minimum 2nd upper + strong internship experience. Your CV won't pass this.


Associate program: Reputable MBA. Your CV won't pass this.


If you really want to get into IB of a BB, you need to network. Find some way of getting to know people in the industry. Slowly make friends up to someone who can call the shots. Check all your contact points (distant relatives, your wife side as well)
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Old 02-03-2012, 12:51 PM
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IBs are superficial. They don't have the time to interview so many and hence rely on HR to do the CV filtering.

Analyst program: Minimum 2nd upper + strong internship experience. Your CV won't pass this.


Associate program: Reputable MBA. Your CV won't pass this.


If you really want to get into IB of a BB, you need to network. Find some way of getting to know people in the industry. Slowly make friends up to someone who can call the shots. Check all your contact points (distant relatives, your wife side as well)
You're right, as of now my CV won't pass any of them, that's why I need a reputable MBA to rebrand myself. The network in investment banking that a school can provide is one of my criteria in selecting its program.

Thank you for the info anyway, really appreciate that.
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  #46 (permalink)  
Old 02-03-2012, 02:26 PM
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NUS/NTU/SMU are totally out of my aim. I'm targetting top MBA programs in Asia, planning to work overseas too.
You want top MBAs in Asia. Based on FT rankings, that'll be:
1) Insead
2) Hong Kong UST
3) Indian Institute of Management
4) Indian School of Business
5) NUS
6) NTU
I suppose you're only looking at Insead?


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Originally Posted by Unregistered View Post
with only a pass from NUS and 650 for GMAT
What I can spin are my extensive international exposure, a few succesful business deals that I have made across Asia Pacific region for my MNC, and my continuous efforts in charity works. I have a good story to tell how my finance sparks were triggered, where I am now, where will I be 5 and 10 years later and how am I working towards it.
At top MBA schools, your undergraduate results and GMAT score isn't going to be a major differentiator. I mean, what's the big diff between 600 and 800? International exposure, closing business deals and finance sparks ain't going to get the school excited about you either. These factors are given. I reckon that at least 70% of the applicants have this profile.

What can set you apart may be your charity works. Show that you are a socially responsible and driven person, in addition to be a motivated finance person wannabe.
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  #47 (permalink)  
Old 02-03-2012, 03:29 PM
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You want top MBAs in Asia. Based on FT rankings, that'll be:
1) Insead
2) Hong Kong UST
3) Indian Institute of Management
4) Indian School of Business
5) NUS
6) NTU
I suppose you're only looking at Insead?

At top MBA schools, your undergraduate results and GMAT score isn't going to be a major differentiator. I mean, what's the big diff between 600 and 800? International exposure, closing business deals and finance sparks ain't going to get the school excited about you either. These factors are given. I reckon that at least 70% of the applicants have this profile.

What can set you apart may be your charity works. Show that you are a socially responsible and driven person, in addition to be a motivated finance person wannabe.
1st choice is HKUST (prefer to live and work in HK), then INSEAD and CEIBS.

Thank you for the comment
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Old 02-03-2012, 07:33 PM
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1st choice is HKUST (prefer to live and work in HK), then INSEAD and CEIBS.

Thank you for the comment
Out of that list, the only school you shld consider is Insead if you want to get into IB at a Bb
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  #49 (permalink)  
Old 03-03-2012, 12:20 AM
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INSEAD is actually much more of a consulting feeder than IB.

- consultant
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Old 04-03-2012, 01:10 PM
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1st choice is HKUST (prefer to live and work in HK), then INSEAD and CEIBS.

Thank you for the comment
Honestly, save your money and find an opportunity to start a business. MBA is a thing of the past.


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