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Ask MBA Crystal Ball - Indian Candidates

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Paul25 Junior | Next Rank: 30 Posts Default Avatar
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Post Fri Feb 05, 2016 3:14 am
Iowa Tippie (full ride) vs SMU Cox (half ride)

Hello,

Total work ex : About 6 years at matriculation

My work-ex : 1.5 years in large tech consulting company (think IBM, Accenture etc. )

Remaining 4.5 years : worked as a first-generation entrepreneur; B2B Marketing, supply chain etc. as channel partner for Fortune 500 energy-efficiency companies (think Siemens, Eaton etc.)

I am an international; got two offers as mentioned in the subject.

My post-MBA preferred location is either California or Texas. Any other US region with an entrepreneurial spirit and good high-tech employers (Seattle..?) would also be okay. If possible, I would like to avoid extremely harsh winters. I am also trying to avoid excessive student loan debt.

Immediate Post-MBA goals are somewhat flexible : would love to work in Operations & Supply Chain for a tech company (Amazon, Apple, or even some slightly less prestigious but interesting ones). Alternatively, won't mind slogging for some time in management consulting ( non M/B/B consulting - Deloitte, PWC, AT Kearney etc. )

My research :

Tippie (Iowa) : Big 10 public Univ., higher ranked than SMU. Probably, more people are aware of it. I like the business school overall but location ain't great. However, most students join the program with much less debt and those who manage to network well are able to go anywhere for post-MBA jobs. Otherwise, recruiting stats at Tippie for internationals are fantastic. Perhaps, less financial burden can be liberating! Is it worth to turn down Tippie only because of its location ? How easy or difficult will it be to land roles in California (or Texas) after studying from Tippie ?

SMU Cox : Private University with a superb location and networking opportunities but extremely expensive. Brand is highly restricted to Dallas. I've had mixed reviews about the quality of the business school and international recruiting. Is it worth all the money ?

Opportunity cost at Tippie will be about less than half that of Cox.

Note : I am interviewing at some higher ranked schools too; but they are not top 10-15 schools. So, the current offers are pretty good.

Please help !!

Request you to avoid discussing/suggesting other business schools.

Thank You Smile

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mcbMcK Master | Next Rank: 500 Posts Default Avatar
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Post Mon Feb 08, 2016 11:46 pm
Paul25 wrote:
Iowa Tippie (full ride) vs SMU Cox (half ride)

Hello,

Total work ex : About 6 years at matriculation

<>

Request you to avoid discussing/suggesting other business schools.

Thank You Smile

Paul,

As you seem to have rightly surmised that the two are pretty close in terms of opportunities and brand. The location is a minor thing provided there is a sufficiently big alum network out there.

Given the context and scenario, it would definitely make sense to go for Tippie - that'd be out vote.

Cheers,

_________________
MG (Manish Gupta)|The MBA Crystal Ball Team

Website: http://www.mbacrystalball.com
Email: mcb at mbacrystalball dot com

Paul25 Junior | Next Rank: 30 Posts Default Avatar
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Post Fri Feb 12, 2016 10:23 am
Thank you MG. I might have to still secure my spot at Cox because it will easily take up to a month to complete all formalities and get I-20 for Tippie. One cannot take any chances with these complex procedures.

Thanks again!!

Paul25 Junior | Next Rank: 30 Posts Default Avatar
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Post Wed Mar 23, 2016 12:14 pm
Dear MG,

I also have admit from Carlson (Minnesota) - Rank 27 in US News, with zero scholarship. School has refused me any possible funding.
What do you suggest. I know that Carlson is a good school, but is it worth taking a huge loan for a non top 20 MBA ? Will I be at a huge disadvantage if I don't go to Carlson ?

Please help!

mcbMcK Master | Next Rank: 500 Posts Default Avatar
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Post Sat Mar 26, 2016 9:02 am
Hmm....that does make things even more interesting. See if the schools can put you in touch with alums in your post-MBA target industry and try to take a call basis that. I'd perhaps vote for Carlson.

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Paul25 Junior | Next Rank: 30 Posts Default Avatar
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Post Fri Apr 01, 2016 2:05 am
Dear MG,

Thank you for your prompt response. To be honest, I don't think that I will be able to afford Carlson without scholarship. I know that Carlson is a great school and is part of a well-known University. I am 28 years old and don't want to take a huge loan either. I am also a bit disappointed to learn that most top companies in Minnesota don't sponsor internationals. However, I will do some more research.

Regards

mcbMcK Master | Next Rank: 500 Posts Default Avatar
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Post Fri Apr 01, 2016 2:44 am
Sure Paul.

Just a pov to share. Loans are very common for MBA grads; the rationale for not taking it hopefully is more objective than emotional one.

Cheers,

_________________
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Email: mcb at mbacrystalball dot com

Paul25 Junior | Next Rank: 30 Posts Default Avatar
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Post Wed May 04, 2016 2:57 am
Hi MG,

Thank you very much for your valuable inputs. Sorry for the delayed reply. Yes, I am willing to take a loan but not to the tune of 120k - 140k for a school that is not even a top 20 by any means. Hence, I did not put down my deposit for Carlson as they refused to offer me any scholarship. Many of my friends have experienced the same thing with Carlson.

After a lot of research, I felt that I should try to strike a balance among such factors as reputation, cost, location and suitability to my career goals. My total scholarship at Cox is now 65% (of tuition). If at all, I would also be taking a very small loan for Cox. Due to Dallas location and my interests in Energy and Tech, I am currently leaning towards Cox. Iowa's offer is great and they have a good alumni network but the location is just too unattractive for me. I am also not very interested in opportunities offered by employers in Chicago, which is a good 5-6 hour drive from Iowa city.

In R2, I also interviewed at Michigan Broad and Georgetown McDonough. Both have waitlisted me after interviews. I am also waitlisted at my top choice - McCombs since R1 without interview. I am a reapplicant at McCombs (was interviewed in R1, waitlisted and denied last year). I highly doubt that anything is likely to materialize from these waitlists. I am sending regular updates. I shall keep you updated. I am very grateful for your help.

For now, it seems that I shall be heading to SMU Cox in Dallas.

Regards

mcbMcK Master | Next Rank: 500 Posts Default Avatar
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Post Thu May 05, 2016 12:35 am
Sounds like a decent deal this one Paul. Assuming you've told McCombs about your other offers of course.

All the best buddy

Cheers,

_________________
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Email: mcb at mbacrystalball dot com

Paul25 Junior | Next Rank: 30 Posts Default Avatar
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Post Thu May 05, 2016 9:52 pm
Dear MG,

Thank you for your prompt response. Yes, I am interacting regularly with McCombs. For many obvious reasons, it is the only school that I would still be interested in attending; even without a scholarship or any kind of aid. It is definitely one of the best schools in the world for Energy and Tech. Of course, only if I get an admit. I shall keep you posted. Thank you very much.

Regards

mps13 Newbie | Next Rank: 10 Posts Default Avatar
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Post Fri May 06, 2016 5:28 am
Hi MG,

I'd be grateful for a quick evaluation of my profile thus far. I'm looking at the likes of Tepper and UNC Kenan-Flager (possibly ISB as well).

I dont really want to go into details of my resume on public forums, hope you understand.

I graduated from IIT-D with a pretty horrible cgpa (6.007 Razz ). During the undergraduate degree, I founded a start up in the education sector and ran it pretty successfully for a year but had to close it down.

After graduating, I joined a more or less unknown startup, which I left after 6 months when a batchmate approached me with an idea for a startup. That one has been going pretty strong now and we will be looking for Series A funding in the next few months.

All in all, my work experience is 2 years after graduating and 2 years while studying. Can I say that the work experience is 4 years? Wink

My GMAT score is 720. I bombed the verbal section sadly (Q51, V35)

So what are the chances of getting into the above mentioned Schools?

Also, what is your opinion on the online MBA programs that have been cropping up? Are they worth it? I'm asking this because I dont really want to leave my job right now although I feel I need an MBA to work to the best of my ability in a rapidly growing organization. That's why I'd rather go the online route instead of Exec MBA or full time MBA.

Thanks for all the help!

mcbMcK Master | Next Rank: 500 Posts Default Avatar
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Post Sat May 07, 2016 2:53 am
mps13 wrote:
Hi MG,

I'd be grateful for a quick evaluation of my profile thus far. I'm looking at the likes of Tepper and UNC Kenan-Flager (possibly ISB as well).

I dont really want to go into details of my resume on public forums, hope you understand.

I graduated from IIT-D with a pretty horrible cgpa (6.007 Razz ). During the undergraduate degree, I founded a start up in the education sector and ran it pretty successfully for a year but had to close it down.

<>

best of my ability in a rapidly growing organization. That's why I'd rather go the online route instead of Exec MBA or full time MBA.

Thanks for all the help!

A few points for you to ponder on mps13:

  1. Well without a full profile, it becomes a bit tough to do a good assessment. But first up, nope, the years of experience won't be 4. Though you will get rich points for the undergrad gig. The non-stability though could be a bit of an issue and you'll have to articulate the choices well.
  2. In general, I never recommend online MBAs. But then, it really depends on the reason you are looking for an MBA frankly. Read here for a bit more perspective on this. If you do decide to go for it, read this.
  3. I wouldn't really call the GPA horrible; just about average. But that, with the GMAT will make the overall arc pretty average. Since there is an assignable cause, definitely consider a retake.
  4. For reasons mentioned here, we don't really speculate on your selection chances. That said, the 2 years experience is likely to make things a bit on the tougher side. Even so, with a better score, there is definitely merit in testing the waters with a limited applications this year.


Hope this helps some.

Cheers,

_________________
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Website: http://www.mbacrystalball.com
Email: mcb at mbacrystalball dot com

mps13 Newbie | Next Rank: 10 Posts Default Avatar
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Post Sat May 07, 2016 9:35 am
Hi MG,

Thanks for the prompt reply! Yes, I did a bit of research on the online MBA programs and the only ones I'd be interested in are either Kelly, Kenan-Flager, IE or WBS, because it seems that reputation of the school precedes the teaching etc. In my opinion, online MBAs are getting stick just like any revolutionary idea does. MiMs by LBS faced some criticism when the program started but in less than a decade, people are desperate for getting in!

And as I said, it will probably be impossible for me to take time out of work for quite the foreseeable future but I do feel as though an MBA is quite necessary for me to perform to the fullest of my abilities. That's why the most efficient way was the online MBA route (obviously from a well recognized school)

And as for retaking the GMAT, I definitely will give it some thought but the fact of the matter is, "GMAT english" is not really my strong point and there are no guarantees that I'd be able to do much better after staring at questions for the better part of 3 hours. I dont think an improvement of 10-20 points would make much more of a difference because as it is, 720 is 94th percentile and 740 is 96th percentile, am I right in thinking about it in this way?

I'm looking forward to a deeper discussion when I sign up for the MBA MAP, couple months down the line but I'm grateful for your help so far and am looking forward to your thoughts.

Thanks

mcbMcK Master | Next Rank: 500 Posts Default Avatar
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Post Sun May 08, 2016 11:06 pm
mps13 wrote:
Hi MG,

Thanks for the prompt reply! Yes, I did a bit of research on the online MBA programs and the only ones I'd be interested in are either Kelly, Kenan-Flager, IE or WBS, because it seems that reputation of the school

<>

I'm looking forward to a deeper discussion when I sign up for the MBA MAP, couple months down the line but I'm grateful for your help so far and am looking forward to your thoughts.

Thanks

mps13,

Sure, the jury is still out there for online programs. But the point you have to research is that it will help you get to where you want to be 'today', not after a decade; you don't really have a personal crusade to make online MBAs successful right?

On the GMAT front, if you haven't tried it, seek some professional help; there is a huge difference between 720 and 740.

Cheers,

_________________
MG (Manish Gupta)|The MBA Crystal Ball Team

Website: http://www.mbacrystalball.com
Email: mcb at mbacrystalball dot com

Thanked by: mps13
Paul25 Junior | Next Rank: 30 Posts Default Avatar
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Posted:
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Post Thu May 26, 2016 2:15 am
Paul25 wrote:
Dear MG,

Thank you for your prompt response. Yes, I am interacting regularly with McCombs. For many obvious reasons, it is the only school that I would still be interested in attending; even without a scholarship or any kind of aid. It is definitely one of the best schools in the world for Energy and Tech. Of course, only if I get an admit. I shall keep you posted. Thank you very much.

Regards
URGENT

Dear MG,

Earlier this week I was accepted at Michigan State (Broad). I got a full ride..pretty much (fellowship,GA, medical insurance etc). I have decided to go there and I am finishing paperwork at breakneck speed. It's a great school for my goals : Supply Chain, Operations etc. I have work experience in same. Should I still wait for my top choice - McCombs ? I've been updating McCombs regularly as I am still on the Waiting List. Am getting late for Visa. Even if I get an admit from McCombs, is it worth going there ?

Regards

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