Beat The GMAT

Scottie@VeritasPrep · Tue Mar 24, 2009 1:27 pm

Looking for another post-graduation option? Consider the new Master of Management Studies: Foundations of Business program offered by Duke University's Fuqua School of Business.

Online application will be available in early April. Apply by June 15, 2009, to be eligible for scholarships.

The program begins with a mandatory orientation on August 31, 2009. Classes begin September 7, 2009. Students graduate in May 2010.

https://www.fuqua.duke.edu/programs/other_programs/mms_foundations_of_business/

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jp8811 · Wed Apr 01, 2009 1:42 pm

I've recently been looking into this program... does anyone know what sort of GPA/GMAT cutoffs we're looking at for the MSS program?

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mayonnai5e · Wed Apr 01, 2009 7:45 pm

Hey Scottie, thanks for posting all these great links you're finding!

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rajeev4mba · Sun May 24, 2009 8:54 am

What do u think about the MSc Management courses offered by LSE, HEC and other schools in Europe? Even these programs do not require any work experience. And please throw some light on the difference b/w MBA and MSc Management.

Awaiting your reply Smile

Thanks

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AppReview · Sun May 24, 2009 9:40 am

Hi,

Please find below a detailed explanation regarding the various MSc Courses and also some information regarding the new Duke program. The article is written by one of our mentors. He has confirmed admissions at LSE (MSc Management) and Cornell University (MILR). We are proud to report that Ankit is amongst the only Indians to be admitted to the first class at Duke University, for their MMS program.

Do get in touch for further information or to avail our services.

Regards,
AppReview

INFORMATION REGARDING MSc COURSES AND THE NEW DUKE MMS PROGRAM

Hi,

Let's first lay down the basic difference between an MSc Degree and an MBA. An MSc degree is more theoretical and very specialist. For example. MSc Management, is a proper 2 year course in only Management and related studies. You might have modules related to HR and other fields, but you will concentrate mostly on the area of study your MSc is in. MSc degrees tend to be more theoretical, with the exception of some in Financial Engineering let's say at Said Business School, Oxford where students simulate live trading on a proper trading floor. All in all, MSc degrees concentrate more on the operations aspect.

MSc degrees are good for:
1) Those looking to start off a long career in management, thus laying foundations for a further MBA/PhD.

2) Those looking to get a base in order to be more competitive in the entry level job market. This would make you comparable to other graduates, but you would have an edge while applying to business related firms due to your master's degree.

3) For student's looking to get a good brand name on their resume, whilst getting the grasp of management and related studies and are looking for future admissions in MBA etc. This is different from point 1, as students taking this path are more focussed on jobs rather than academia.

4) For candidates who would return to a fmily business and thus want a basic knowledge, but not willing to go in for an MBA.

MSc Degree's sometimes tend to entice students, as they would be studying at a good school. However, the value addition can only be gauged in the future, that is if you secure a good MBA admit or a job.

MBA degrees tend to prepare students as overall managers. They concentrate a on practicality and strategy. An MBA student has a definitive edge over a MSc Student, as an MBA is a professional degree whereas an MSc is a master's. MBAs are more employable than MSc students.

Please note that a lot of people might contend that the above differentiation does not hold for all courses and schools. This is true, but we are presenting a general picture here. Also, a degree can never decide definitively how far you could go in life. Just that MBA students get a better headstart.

Based on the above information, you can see which suits you best. Please read further below for some highly recommended MSc Programs.

The MMS program at the Fuqua School of Business, Duke University

This course should not be mistaken as a master's course that will give you a substantial boost. You should not compare it with the kind of education and career boost a MFE (financial engineering) or MILR (Master's in Industrial and Labor Relations) can give. There are various reasons for this:

1. According to Duke's own admission, the MMS program is aimed at making it's students more competitive in the job market as compared to other recent college graduates.

2. It is a new program and it's base would be established only over the nest 3-5 years.

However, this program is good for those seeking to enter the consulting industry and the likes at entry level positions. In our opinion, this degree would make you more competitive than general college grads, even with business degrees in their undergrad. The program's main strengths are:

1. Addition of the Fuqua brand name

2. Addition of the Duke brand name

3. A course aimed at rivalling the MSc Management at the London Business School (LBS) and thus having a very well tailored curriculum

4. Full access to all Fuqua facilities; Courses will be taught by Fuqua's renowned faculty

5. For the first year, 2009, no application fee and higher availability of scholarships

We recommed this program for students looking to go in for a master's degree in management. Normally, these are only offered in the UK/Euorpean schools, and Fuqua is now setting th trend amongst US schools. We hope to, and do expect, many more such programs to come up soon.

RECOMMENDED MSc COURSES

LSE (MSc Management; Finance; Accounting; Economics and combinations of the above)
LBS (MSc Finance; MSc Management)
Duke MMS
Cambridge (MPhil Management; Finance; Operations)
HEC Paris (Grand Ecole MSc)

Hope this helps. All the best with your applications

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donnknow · Tue Jun 09, 2009 2:00 am

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AppReview · Wed Jun 17, 2009 1:04 am

Brief Profile of our Mentor accepted at Duke's MMS/Other Masters programs at LSE and Cornell

- School topper in English and overall in Senior Secondary and Higher Secondary levels
- GMAT Score of 690/TOEFL iBT 112
- An internship with a startup
- Founded his own company
- First class degree in college (Comp. Engg.)

Extra Currics
- Founded unofficial online college community
- Member of the technical committee and organizing commitee of annual college festival
- Award for outstanding presentations and projects in college
- Worked for prominent NGOs
-School level football player

Achievements
- Excellent achievements at local, national, university and school levels including titles like 'Youngest in the country ... ' Youngest in the organization ...' First to implement ...' etc.
- Topped various aptitiude tests/other standardized tests
- Varied interests in hobbies

Hope this helps. All the best.

regards
Team AppReview

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donnknow · Wed Jun 17, 2009 6:13 am

thnx

it's really helpful

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cooldude · Thu Jul 02, 2009 2:17 am

i have 680 gmat
ma economics
few yrs wrk ex in education industry
they rejected me
am frustrated and depressed with it Exclamation

as it was my only chance in life

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Alhad · Tue Jan 26, 2010 7:47 am

Hello everyone ....

I am an Engineer and working with a multinational.....I have a similar problem.... Lack of work experience.... I have around 20 months experience till now, spanning in two different continents. Also now I will be working in another country altogether if everything goes right.... I worked in the field of quality, project management... and mostly will continue in similar field in future position I will be holding.....
But the biggest problem is I don't quite enjoy what I am doing .... feels like I am much better than my managers who dictates the policy.... plus I am in super technical stuff so even my company's HR people dont allow me to shift to Marketing or Commercial side citing lack of such experience and given the economic conditions the importance of the clients ...... feels like stuck amongst blue collar people....

Was thinking of doing such Msc Programmes but feels like I am a bit over experienced for that :p
Also if I just wait for another 2 years and then apply it would make the work experience around 50 months ..... so could apply for MBA which is more paying and also it makes sense moneywise as I will spend a lot on Msc sacrificing my salary in europe Sad

and then if again I need to do MBA ... it would cost a fortune

Totally confused

Help guys .... Very Happy

[/spoiler]

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harshgoyal · Tue Jan 26, 2010 10:25 pm

Hi

Through some research, I feel that according to my interest and eligibility, Masters in Finance or Masters in Management are best suited for me at this stage. I feel that European B-schools like HEC PARIS, ESCP EUROPE, ESSEC B SCHOOL etc as well as LSE, LBS, CASS BUSINESS SCHOOL etc are good for these courses. Please help me in deciding as to what are the major pros and cons of these courses and whether the universities, I mentioned above serve the purpose or not. I am unable to gather much information on B schools in USA offering Masters in Finance or Masters in Management, where work ex is not required, sso please help me on that issue as well.

Thanks

Harsh

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harshgoyal · Tue Jan 26, 2010 10:38 pm

Hi all,

One more query. I visited the website of many B-schools where it is mentioned that for MSc in Finance, applicants need to have a undergraduate degree in finance, economics or mathematics. Does that mean, that engineers are eligible for such degrees or not?

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