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Profile Evaluation and College Related Query

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Profile Evaluation and College Related Query

by varunnith » Mon Jul 04, 2011 9:22 am
Hi,



I will be giving my GMAT on 1st of august. I wanted advice on the Bschools list that I should provide to the GMAC at the time of the test. Following are my details and constrains :



Profile : (NATIONALITY - Indian)



Expected GMAT score : 720-750(AWA should also be good enough).

Experience : 3 yrs (will be 4 by the time i will join the college)in Semiconductor Industry - Currently working for European Semiconductor Giant.

BTECH : Electronics and Communication Eng. From NIT Hamirpur (batch 2008) - CGPI 8/10

12th : 92% (Recieved Merit awards and Dhirubhai Ambani Scholarship for BTECH education)

10th : 86% (Maths-Science = 92%)

ExrtraCurricular : COrdinator at College Festivals. Conceptualised COllege's First year book. College Placement Cordinator. Recieved Intra-organisation excellence awards. Working for an NGO presently and was previously involved in teaching of underpreiveledge children.



Constrains :

1. Interested in Specialisation in MARKETING.

2. Majorly Interested in MBA from US or ASIAN usniversity.

3. Budget is the constrain : Would need scholarship and loans heavily.

4. As my GMAT date is a little late, so would be in a rush while applying for colleges. Need spaced application dates.

5. Please also suggest me the rounds in which i should apply for which college (Sorry if i m asking too much )



My List as of now :



1. Kellogs (Please tell me if its true that it has a bad reputation with Internation Students)

2. Darden

3. Haas Berkley -California University

4. ISB

5. Kenan-Flagler (University of North Carolina) - / (I am selecting it over Kelley Indiana University considering Kelley's bad Reputation for international student placement)



I would be very much grateful if anybody can help me through this.



Following are the questions that i have :

1. Is the list good enough, other wise please suggest me other colleges in replacement and also the reason why.

2. I am confuse between selecting Indian college ISB or any other ASIAN college. (Considering the cost of education at some other Asian colleges like NUS and Nayang is comparable, which one has better future prospects and study approach)

3. Kelley is Good for marketing, but its reputation among international students is playing it down. It is true ? (Because Kelley provides good Financial Aid and cost of education is also very reasonable)

4. Last but very important. Depending upon my profile, if i am able to get a good GMAT score that i have mentioned, are the schools good enough. Or I should apply for more schools. AND what is the best time strategy to follow for these schools (Considering all schools in round 1 or dividing them between round 1 and 2 (How?)).





Thanks a TON in advance



Regards

Varun
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by Cindy Tokumitsu » Wed Jul 06, 2011 10:17 am
Hello, Varun,

To answer your questions:

1) Your list is fine (assuming you get a good GMAT). They are mostly reasonable reaches with some on-pars. You will be able to get loans but probably not scholarships from highly competitive programs like Kellogg, Haas, etc. (Haas and possibly others offer international student loans with no co-signer required now.) If you want scholarships you should apply to programs that are less competitive, which will be more likely to "lure you" with funding.
2) This answer would depend in part on your recruiting needs. I suggest reviewing the recruiting for internships and post-MBA jobs at the various Asian schools and factor that into your decision depending on which program has a track record of most interest to you. As for quality of program - all these programs are strong, and it will depend in part on your learning preference and style and in part on your preference for the academic environment.
3) I haven't heard negative things about Kelley's reputation, but I do know it is strong in marketing and also it is a school where you are more likely to receive merit funding.
4) You have schools on the list that are among the world's most competitive, and you will need to score well on the GMAT to be competitive for most of them. I suggest applying to as many schools in R1 as you can reasonably do while maintaining quality (and your sanity). Then you have time in R2 to see how results are looking and to adjust your strategy if necessary.

I think you would find helpful my free subscriber mini-report that walks you through how to select a list of schools, including assessing your competitiveness, your wants/needs, and what the schools offer: Best MBA Programs: A Guide to Selecting the Best Ones.

Best regards,
Cindy Tokumitsu
Senior Editor, www.Accepted.com
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by varunnith » Wed Jul 06, 2011 10:34 am
Thanks a lot mam. Your reply helped me get a little load out of my head, and understand the situation more clearly.

WIll it be possible for you to suggest me some on-par or less(but good) colleges, assuming that i am able to get good gmat score, that i can look for applying?

And what do you suggest about making that financial investment in the top colleges, if i don't get any scholarship from them.(Ivy league colleges(without scholarship) VS kelley(or similar) colleges(With scholarship)).{ Please be as frank as you can be on this ..}

Thanks again ..
Varun
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by Cindy Tokumitsu » Fri Jul 08, 2011 8:19 am
Hello Varun,

Some good but less competitive programs to consider would be Simon (Rochester, Boston U., Univ. of Minnesota, Notre Dame -- but there are many and I really suggest your taking the time to do some research and find those that interest you most.

As for the second question, it's something I really can't answer, because ultimately it's a personal decision in which you weigh all the practical factors of your life along with your personality characteristics, i.e., some people will be quite comfortable taking on the financial burden of a loan and its risks, others will be miserable doing so, and each person is right for himself or herself!

Best regards,
Cindy Tokumitsu
Senior Editor, www.accepted.com
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