Admission season is in full flow in India and many students who have multiple admits are confused about which MBA programme to pursue. To help matters, we explore a common situation – deciding between the One year full time MBA courses at IIM A (PGPX), IIM B (EPGP), IIM C (PGPEX) and ISB ( PGP).
The choice of which school you go to is completely dependent on your own dreams and aspirations and your own unique profile so we do not intend to share a recommendation. However, we felt that sharing information could aid prospective students in conducting their own analysis of which business school is right for them.
Disha Chhabra, an alumni of the PGPEX programme (Class of 2013) shares information on the three programmes.
Note – IIM Indore‘s EPGP, IIM Lucknow’s IPMX , XLRI’s GMP and some other business schools which are pertinent to the discussion are not included in the analysis currently. We may add these schools to the article at a later date.
Admission time is back again. Like every year, a lot of lucky folks have received multiple calls from IIM A,IIM B, IIM C and ISB etc and are in a serious dilemma. It is a tough choice to make – a problem of plenty. But it is also one of the most important decisions of your life and it is natural to talk to people around and research the options before making this call.
Thanks to my book that traces the lives of students pursuing a one year MBA in India – My Beloved’s MBA Plans; off late, a lot of people have approached me seeking my advice on choosing one among the four business schools.
I may not be a subject matter expert and by no means do I intend to make this choice for you. With this post, I will try to present facts to the best of my ability and knowledge, based on my understanding and what I would have done if I had been facing a similar choice. What follows is my personal opinion and your opinion may vary depending on what is the key decision making criterion for you. So, I would like to keep this post as factual as possible.
First, if IIM A appeared in my list of choices, I would not have evaluated any of the other options. IIM A is the biggest brand in management education in India by a fair margin. The PGPX course from IIM A stands out in terms of its batch profile, brand value and global ranking (No. 11 in 2012 and No. 26 in 2013 in the Financial Times Global MBA ranking). So you are lucky if you get a chance to be there.
Now, coming to IIM B, IIM C, ISB, I am trying to do a factual comparison on some of the key decision making parameters. All the data has been either pulled from the college’s website or research papers on the topic:
| Criterion | IIM B (EPGP) | IIM C (PGPEX) | ISB (PGP) | Significance | ||
| Batch size | 63 | 50 | 770 | The smaller batch strength is an advantage both in terms of better student-faculty interaction as well as when it comes to placing students.This is inline with the higher work-ex requirements at IIMs as senior slots in industry are fewer.IIM B and IIM C, are similar as far as their batch strength is concerned.In general, IIM C is known to have a more diverse profile compared to IIM B which tends to have a higher number of engineers. | ||
| Avg. GMAT | 695 | 705 | 710 | The batch profile is important because of several reasons:1. Seeing this, one can gauge where one will stand among the peers if selected. 2.This is presented to the industry during placements and helps companies decide if a particular campus is suited for the openings they have. | ||
| Avg. work experience | 9.5 | 8 | 5 | |||
| Branding | Fairly active | Not so active | Aggressive & well known for its PR! | For a relatively new course (the one year MBA started close to a decade back in India) branding is extremely crucial. The industry needs to know and reminded of the USPs of one year courses – the only globally accredited MBA courses in India.Prospective aspirants have to take huge risks and have several questions in their mind. Branding and PR plays a important role in ensuring good roles on graduation.ISB is a clear winner on this front. Over the last few years, its info sessions across the country, industry connect activities, competitions have all ensured ISB is the first brand people think of when someone says one year MBA. | ||
| Class room contact hours | IIM C and IIM B – 800 to 900 hours, ISB – 680-700 hours | Gives a sense of the pressure you will face. IIMs tend to cram in more learning which has both advantages and disadvantages | ||||
| Faculty | The faculty at IIM B and IIM C have been teaching the two-year PGP students for a long long time. They also have experience conducting Management Development Programmes (courses lasting a week or less for experienced professionals) and so understand difference between teaching freshers in PGP vs the students in a one year course. While the faculty at IIM B is known for their marketing courses, IIM C has finance oriented faculty.Coming to ISB, it has most of its faculty coming from several international reputed B-schools and hence brings with them a new dimension of international exposure in the class-room learning. Unlike business education in India which till date has been focused on the PGP (accredited globally as a Masters in Management meant for freshers), faculty abroad is used to teaching an MBA level audience. ISB benefits from this. | |||||
| Course Alignment | Known for marketing | More analytics and numbers driven | No such known area of focus | This can help you decide based on the function you want to get into. If you aspire to be a marketing guru, choose IIM B.If you love numbers, go to IIM C (which boasts of India’s only fully-equipped finance lab). | ||
| Fees | 23 Lac | 18 Lac | 25 Lac | The fees can be a big differentiating factor on the affordability front and in terms of an immediate ROI calculation | ||
| Accommodation and other facilities | Students stay outside the main campus and miss the fun of campus life.But Bangalore being a great city, amenities are not likely to be of any problem. | Beautiful campus! Situated on the out-skirts of the city and good medical facilities outside remain a cause of concern. A new hostel is under construction with better amenities for students. | Amenities best so far in India!On the outskirts of Hyderabad, Mohali | A big factor for people planning to move in with families. | ||
| Other avenues of personal development | Not much at IIMs. Students do not indulge much in other activities and tend to be mostly academically focused. | ISB scores here with a plethora of activities the students indulge in. Students party hard here! | ||||
| Entrepreneurship | Thinking of doing something on your own post the MBA? Don’t even think twice! Go join ISB! IIM B and IIM C also have one off courses on entrepreneurship, but those are a grounding in entrepreneurship in name only.The entrepreneurship cell is also not that well developed.Many students coming out of ISB develop good business models and head to their own business instead of a job. IIMs tend to train you to be great managers but not great entrepreneurs. | |||||
| Placements | While for many applicants, this remains ‘the most important criterion’ for selecting a B-school and tend to look at the immediate placements after the college to evaluate such an important degree, ideally this should not be the case.When it comes to IIM B and IIM C, they are at par with respect to placements. IIM B has a definite locational advantage being centrally located in the city of Bangalore, India’s IT hub.From whatever I understand, IIM-B is more adapted and geared towards placing people in the IT/ITES sector.IIM C shares an advantage for the manufacturing background folks as one of its other flagship course (PGPEX-VLM) attracts many hard core manufacturing firms.Having said that, most good companies visit both these colleges and recruit.On the other hand, ISB has such a huge batch strength that while the top 10% students get the best of jobs, the bottom 30-40% tend to struggle. At ISB, given the lower work experience of the class, similar to the situation in the PGP courses at IIMs, recruiters often rely on performance in the course as an indicator of future potential. At IIMs, extensive past performance of the candidate is seen as a better indicator of capability and marks take a backseat.The numbers: Average CTC in 2013 at ISB (middle 80%) – Rs 17,41,081, at IIM C – Rs 19,73,000, at IIM B – RS 26,18,186 An honest suggestion: a lot of us tend to attach too much importance to the numbers given in their placement reports. Numbers are subject to interpretation and hence my sincere and honest advice is not to rely too much on these. Ed – Also, no student gets the average CTC – its a notional number. The range is more important which can typically vary between 12 lakhs to anywhere upto 50 lakhs (domestic). Your number of years of experience has a bearing on what salary you command on graduation.A healthy hike though can be expected – students typically gain a hike between 40% to 100% after these courses. An important placement parameter that often gets overlooked is the companies visiting campus. This determines the choice of roles available to candidates. This number is healthier at ISB where 423 companies visited campus in 2013. At IIMs this number is typically around 50-100 companies for the One year MBA. ISB benefits from its head start over the IIMs here (ISB’s One year MBA started in 2001, the first one year MBA at IIMs started in 2005) and this reflects the depth of ISB’s corporate connect. | |||||
The bottom line is that each college has its own USPs. One may be easier on the pocket, the other may be offering more international exposure. One may be more tuned towards marketing, the other towards finance. Think first of what you feel is important for you and then choose for yourself.I hope the above comparison has given the readers some sense of what to choose and I have not left you even more confused.
Feel free to comment, criticize, suggest or ask for more information.
Need more information or suggestions based on your unique profile? Post a question to current students of IIM C, IIM B and IIM C on the here: IIM B admissions, IIM C admissions, ISB admissions
The author of this article besides being an alumni of IIM Calcutta’s PGPEX is the author of My Beloved’s MBA Plans – a first of a kind book that explores the lives of people pursuing a One year MBA at Indian business schools. The author can be reached at dishacx2013@email.iimcal.ac.in
Disclaimer – The views expressed here are those of the authors and do not necessarily represent or reflect the views of Oneyearmba.co.in
View Comments
Congrats to Disha Chhabra for giving exhaustive comparative analysis of management institutes offering one year MBA. She is also right in saying that institutes other than IIMs and ISB should also be considered. To me IIMA occupies the first rank for providing dynamic and vibrant educational environment. The ISB comes at second but is most preferred business school for placement by the corporate world.
Thanks Sir for liking the article. The placements part could also be because
1) 770 offers a good diversity to choose from and a better bargaining power as well
2) ISB is the BEST in terms of branding, industry relations and PR, much needed in the nascent one year MBA culture.
Hello Admin
Sorry for repetitive question but this is very critical to take a decision whther MBA is feasible or not for me so I humbly request you to go through my profile and rate it accordingly for admission in IIMs 1 year MBA programs, your valuable guidance help me to take decision in my career.
Academics:
10 cbse 76%
12 cbse 60%
2 years gap before Engineering.
Engineering 66.5% (Electronics and Telecommunication from SGSITS Indore)
work exp:(9+ years)
5.0 years in Polaris Software Lab Ltd. as a Developer/production Support/onsite coordinator to gather clients requirement.(Includes 1 year UK experience)
4.0 years in Product based company as a Poject leader (Application database design ,development and migration analysis).
I would like to ask that with this type of experience how can I showcase my working profile effectively in order to stand a chance of getting shortlisted to IIM?
What should be my ideal GMAT score?
Also I have 2 years of gap before engineering, it may give a negative strike to my admission chances and placements thereafter. Please clarify this point. I will be dependent upon placements after the course so this question is very important for me.
I am appearing for GMAT in December this year, Is it worth applying for IIM Indore ? can I get admission with this profile?
Thanks in advance.
Best Regards,
Pavan
Sorry you will not get admit because of low score in 12th
Dear Disha,
Nice comparison on most parameters.
As far as entrepreneurship is concerned, I totally agree with you that IIMs (be it A or B or C or L) tend to produce great consultants & CEOs but leg behind ISB by a fair margin.
One reason for this, I believe is the social strata of students opting for (or getting through to) ISB. Though I wont be able to fetch correct figures but I believe that being a private institution, it tends to attract lot more business background students.
On the other hand, IIMs get lot more people opting for Education Loans and hence going back to Jobs instead of being an entrepreneur.
So my two cents: "ISB" if you wanna be Entrepreneur( as you may get lot more networking and similar minded rich people) otherwise IIMs.
Hey Devrat
On the entrepreneurship, I don't quite agree with the reasoning of the student background. It is something more fundamental. It is in the institute culture perhaps. If IIMs start a good entrepreneurship cell and courses, I am sure people will go to IIMs as well. I don't think this has anything to do with social strata. ISB has students with even higher education loans but the support given to them by the institute goes a long way!
I disagree with the assessment that IIMs don't provide as much support for entrepreneurs. When I look at the facilities and coursework available at IIMA, I feel that anyone who wants to start their own company would be well equipped to do so. CIIE has been reasonably successful in their incubation efforts. I know that IIMB also has a prominent incubation cell on campus
Factors that could lead to a lower entrepreneurship rate out of campus include:
1. The older age profile, which leads to a lower risk taking appetite
2. Having to pay educational loans while having a family, which would deter a lot of entrepreneurship candidates
When I look at my batch from PGPX (I graduated 4 years ago), more than 20% are entrepreneurs. There are now a large number of entrepreneurs across batches and we ping each other for help/guidance. Most of these entrepreneurs gravitated towards entrepreneurship a few years after leaving campus, which would not reflect in placement statistics
Thanks Senthil for throwing light on the same. I agree with your analysis. Entrepreneurship with family and kids is a tough choice to make, indeed.
I clearly dont agree with a lot of things here, although I appreciate that you have a decent job of comparing the various 1 year MBA programmes in India.
Before I make my comments, would like to hear why IIMA PGPX wasn't listed here for comparison :)
Here some key things that you missed to cover:
1) IIMs have an excellent support in Entrepreneurship (read more about NSRCel at IIMB). Certainly, because the batch size is small (which has its own advantages too), the number of Entrepreneurs that typically are produced by the IIMs is certainly less compared to ISB, which has a humongous batch size of 770.
2) Other avenues of personal development: I think you did not do your homework properly. There is hell lot of activity that happens every week. Something worth mentioning about the IIMs 1 year MBA is the 'Seminar Series' offered by IIM A,B,C where to get to hear from world-class speakers from diverse industries every week and the mandatory 'International Immersion' program wherein students get a chance to study and do a live project in one of the emerging economies.
3) EPGP at IIMB is a more known for Strategy, besides Marketing and Analytics. IIMB has one of the best Strategy that the country has to offer. Besides, the Analytics courses at IIMB are one of the finest in the country.
Besides, there are Marketing, IT, Startup and Consulting conclaves, B-schools fests and much more. And parties are everywhere. We are a small bunch but nonetheless we party equally hard :)
In nutshell, its tough to make comparisons between the schools listed above.
Overall, ISB is a great school for the lesser experienced folks, say 2 to 4 yrs, however, beyond 4-5 yrs of work experience, IIMs are a better choice.
Dont take me wrong !! . By any chance are you a PR officer from IIMB ? NSCREL of IIMB is no match whatsoever compared to Wadhwani centere at ISB. Get your facts right.
@S G P: Well, IIMs lack in Marketing their programs, unlike ISB that is superb in Marketing their programs..I think they shell out a lot of money and effort on advertising and media etc. So no questions of someone being a PR officer here :D
I never made a comparison between Wadhwani centre at ISB and NSRCEL at IIMB..I think you didnt read my comment properly...I said the batch size of the 1 year program at IIMs is hardly 10% (or infact lesser) than the intake at ISB - so the proportion of people who end up being an Entrepreneur from 1 year MBA from IIMs is typically less..Its simple maths, hope you understand this time :)
I am working as manager in rbi....work ex 5 years....age 32 ....cleared 2 levels of cfa....but
10th...59%
12th...61%
btech....74%....frm plain vanilla clg.
is it worth applying for 1 year mba ....and most importantly....will they gv me admission.....
Hi Ankit,
You surely qualify for the One year MBA - the eligibility criterion for schools in India do not specify any minimum scores in school.
Your scores in school do pose a challenge but it could be addressed
with a well rounded application focusing on aspects such as your work experience and other achievements.
Other aspects that schools with a one year programme look into include - GMAT, your career aspirations after the MBA which will come through in your essays,
extracurricular achievements etc. I would advise you to focus on getting a stellar GMAT score to balance your scores in school. Try for a 700-740.
A question that may crop up during admissions is why you are looking at pursuing an MBA when you are pursuing CFA. Plan this aspect
when working on your essays.
Whether it is worth applying to a One year programme is something you are in the best position to evaluate. Most mid level managers do gain a substantial jump in salaries and profile after a One year MBA in India. You can check the BIG List of placements, eligibility, fees of One year MBAs in India to help you evaluate this aspect.
PS - Adding the question to IIM B's forum thread where a lot of current students can help your further on your journey
Hi Disha,
Very well compiled comparison sheet. Had heard about your book, and was nostalgic about my time on the campus. I am from the second batch of IIM-C PGPEX.
For aspirants, a few tips on evaluating choices, particularly from the standpoint of placements and RoI. I wouldn't claim to be an authority on placements, but have shopped for talent post-MBA at all top schools.
Caveat emptor: I have no personal injuries to resent, as it were. Just practical tips based on my experience over the past six years.
1. If your Indian salary is INR20L-25L and if you do not have an IIT first degree, please do not rely on an Indian one-year MBA to bump you up to the bulge bracket. Go to INSEAD or invest two years in Ivy League schools.
2. Follows from point 1 that the 40%-100% increase in pay is a function of the incoming salary. If you have less experience, or if career-track change is an over-riding priority vis-a-vis RoI, then choose Indian schools.
3. Remember that the `Ex' or `X' tag will hurt you (the degree of pain varies, based on the ignorance of the hiring manager), and that is where ISB stands out. The one-year program is ISB's flagship offering, and flagships have entrenched supporters in the hiring community. Somehow, the X's and Ex's are associated with inferior quality/relaxed selection criteria or both.
4. The trade-off (in choosing ISB) is that it is a rat race: You have to be in the top decile or quintile of the class to get a look-in at the bulge-bracket bank or PE firm. At IIMs (one-year programs), the learing is more experiential and relaxed, although Fin placements might prove elusive.
Ashok
This particular topic is very close to what i think lot of people having 7-8 + years of work experience would be able to relate to as ISB result deadline is nearing...I though still not have a choice to make between the IIMs and ISB but not sure if this 7-8 years work experience bracket fellow should go ahead with ISB this year( 2014 intake) if he/she gets final admit offer from ISB or take a step back and try IIMs for next year entry.
Ashok's fourth point i think is making folks a bit apprehensive for the simple fact that for somebody having 7+ years of work experience and to compete on academics with let say 3-4 years experience fellow is a bit difficult and i think the balance tilt towards the less experienced guys.
I have a specific thing on this and would be happy if Ashok can reply....How does then a 7-8 years work experience guy should leverage his comparatively higher work experience in ISB settings.I can be more specific. This particular high experienced fellow is looking for career in energy, chemicals and manufacturing and not per se PE or IB.
Any viewpoint from any contributor on this would be highly helpful.
Hi Disha/Admin,
I am Soham. I am looking to persue 1 year MBA programme in ISB next year. For that i have already started preparing for GMAT.Since in earlier posts you have mentioned that working profile is rather more necessary than academics, so i am briefing my work experience below and want you to feed some valuable advice.
I have total experience of 5 years.Presently, i am working as an Assistant electrical engineer in WS Atkins (An UK based Design Engineering consultancy firm) in Gurgaon & responsible for delivering design to various international projects in UK & Middle East. I am an active & certified ERT(Emergency Response Team) member in the organisation responsible to cater aspect of Health & Safety.I also fulfill the role of Internal Auditor of my team(responsible for QC of documents) .Previously I have worked with an EPC firm,Technofab Engineering Limited where i have fulfilled roles of both as an Engineer & Senior Engg. (Design Electrical) of various turnkey projects pertaining to clients like NTPC,NPCIL etc.I have had enginners and Cad Technician(Draftsmen) working under me in succesfully delivering a lot of projects. I have also fulfilled additional responsibilities of site commissioning of NPCIL and met with a lot of last minute on site challanges while handing over the plant to the client.In additon to it i was also responsible for inspection of Electrical Panels(MCCs etc.) in line with Clients QA .
Additional Info :
10 th - 80.8 %
12 th - 79.2 %
B.Tech - 7.74 (DGPA)
I would like to ask that with this type of experience how can i showcase my working profile effectively in order to stand a chance of getting shortlisted to ISB? What sould be my ideal GMAT score? Please suggest some points where i can effectively showcase my career aspirations from here on?
Hi Soham,
Just to clarify, profile and quality of work experience is given substantial weightage in admission to One year MBA programmes, but academics are equally important. Most schools tend to give 15-25% weightage to a range of criteria including GMAT, College and sometimes school academics, Extra-curricular achievements, Interview, Quality of work-experience and major achievements at work.
Now lets look at your profile.
1. Your work experience of 5 years is ok - it is the average work experience at ISB
2. GMAT score to target? 720-730 is the safe zone. 700 would be the minimum we would recommend given past admission trends at ISB - ISB tends to give more weightage to GMAT score than many other One year MBA programmes.
3. Your experience as mentioned by you is very interesting. A bulk of applications at Indian b-schools are from professionals from the IT sector. As an electrical engineer you have a very different story to showcase. We would recommend that you capitalize on this. Play up the nuances of your role as an electrical engineer - what you did, how and the challenges within this industry. Include specific instances where you managed people, displayed leadership potential etc. Since you bring in the diversity factor to the class, capitalize on this: showcase your past work experience and indirectly cue the distinct flavour you will bring to the class.
4. If you have worked in Dubai, build this into the application: international work experience is valued.
You will find ample opportunities to showcase these aspects within the ISB application and in the interview. Looking at some past ISB essays as an example:
ISB Essay 1 - Attitude, skills and knowledge differentiate people. Elaborate with two examples on how you would differentiate yourself. (300 words max) - a big chunk of the aspects touched on above would fit well in this essay
ISB Essay 2 - How does the ISB PGP tie-in with your career goals? (300 words max) - ideally, and if this ties in with your career goals, show a progression from your current role into new role, why ISB would enable this transition.
ISB Essay 3 - Pick the most significant achievement (professional or personal) you have had and elaborate on the key learning you took away from it. (300 words max) - great opportunity to build in instances specific to your field and build your unique story
In a nutshell, don't lose sight of aspects specific to your profile as an electrical engineer in your application and interview. Will hold you in good stead.
Hi,
Thanks for such a valuable platform for enlightening others. I would like to go for an executive MBA.
I did a google search for the same and luckily I got into your forum.
Let me tell you my work experience first(All in IT/Software).
ICICI-Infotech - 3 years
Bank Of America - Merrill Lynch - 2 years
Royal Bank of Scotland - 3 years
So I am having a total of 8 years of experience. I have been awarded for my exceptional work in all of my organisations.
Academics :
10 - 75 %
12 - 70 %
B.Tech(Computer Science) - 63 %.
Can you please let me know what could be a good score in GMAT to get in ISB or in Any of IIM
How much weight is given to extra curricular activities(I am an avid reader and engaged in lot of sports but have no certificate of playing at any level).
Thanks
Hi Kumar,
first, for the benefit of all our readers, we clarify once again - the the One year full time MBA programme in India is a regular, full-time programme and should not be confused with Executive MBA programmes! :-) As per global accreditation, the One year MBA is the only MBA in India.
The confusion arises because the One year MBA demands work experience from candidates - but that is the norm globally. In India, where this is all new, people have taken to calling the one year MBA an Executive MBA. - which is actually a part time programme.
Unless, a candidate is an 'executive' while he is pursuing an MBA, the course he/she is pursuing is not an executive MBA! The person pursuing a full time MBA is simply a student and the course being pursued simply an MBA.
Read these for a quick recap of the status of these programmes -
http://www.oneyearmba.co.in/one-year-mba-iim-c-pgpex-awarded-mba-accreditation-by-amba-uk/
http://www.oneyearmba.co.in/1-one-year-full-time-mba-in-india-executive-mba-no-indias-first-globally-accepted-mba-yes/
So if you are headed for a One year MBA, be assured that you are about to pursue India's first bonafide MBA - not an executive course.
Now, coming to your profile - GMAT at Indian b-schools vary from school to school. You can check the individual school pages for more info on average GMAT at each school. As a ballpark for candidates with an IT background, 730 plus is the safe zone. That does not mean a 680-720 cant work - it could well work given the strength of your overall profile.
As far as extra-curricular achievements are concerned, B-schools don't reveal exact weightage for this criterion. However, it surely plays a role in informing the adcom about the overall capability of the candidate. B-schools are looking for well rounded candidates for their one year MBA class who bring diverse perspectives to class.
However we do feel that professional/ classroom achievements are till date, valued higher than extra-curricular at Indian B-schools. This could be partially due to the approach to education in India - more about scoring marks rather than learning. But things are changing!
I am a probationary officer in SBI and have a total of 3 years experience. I am trying for one year mba for next year. My target is IIM-A, ISB. Is experience the eliminating criteria in these schools?
Hi Rahul, IIM A specifies no minimum work experience - though you need to be aged at least 27 by the start date of the course. ISB specifies 2 years work experience and you meet that criterion.
Hey there, I'm currently pursuing MBA from a B-school affiliated to Mahatma Gandhi University, Kerala. I had scored average marks in my school years (76% in 10th and 74% in 12th) and I have a commerce background. I did comparatively better in my degree (scored 86% in B.com). After having got a bit more exposure I understand that my profile needs to be better if I want to get better opportunities. I was planning to get CFP certification after my MBA and work for a few years. My question is am I eligible for any Exec MBA from any institute (because of my marks I am asking this)? And would additional certification, like CFP, give me any added advantage?
Hi Avg Abhi,
You are not eligible for executive mbas (part time programmes for working exedutives with substantial experience). But you could look at part-time MBAs many of which don't need work experience.
If you are actually interested in One year full time regular MBA programmes for students with work experience (often confused with executive mbas in India) then you will have to gain 5 years work experience. Don't worry about eligibility - One year full time MBA programmes judge students on multiple factors and your marks will be only one factor - and they seem fine.
PS - The Indian education system with its focus on marks alone can make the best feel average. Einstein was below average in studies. Don't let it get to you.
Thanks Disha / Admin for the information Provided above regarding one year MBA Programs.
My Query is
I am an MBA Passout from Central University of Hyderabad 2010 batch specialized in Marketing, and since working with Colgate Palmolive in Channel Sales. Now that i have almost 4 yrs of work exp and seeking foward to grown in Career, i am facing hindrance to get promotions as Sales Manager since people in sales are asking for similar Sales manager experience or else asking for atleast 7-8 yrs exp of executive level. Now that i am well qualified but NOT a mba Graduate from top 10 Bschools to become a management trainee and get into next level i am planning to opt for One year course of MBA from either India or abroad. Now my query is
1- As i have already done MBA in 2010, is there any change of doing MBA again from top B Schools?
2- whether my experience is valued in these 3 schools mentioned above?
3-Suggest a way forward?
Anticipating your reply at the earliest?
Thanks
Hi Ananad,
Our responses below:
1. We assume you mean any chance of doing an MBA – Yes, you can pursue a One Year MBA at B-schools in India despite having done a pgp/ pgdm earlier. And one of the reasons for this is that the PGDM/ PGP offered in India is more theoretical in its approach since the course is targeted at freshers (in fact the course is accredited as an MIM and not an MBA globally). An MBA will equip you with concepts required for a middle management role.
Read this for more information on this: http://www.oneyearmba.co.in/deccan-herald-says-the-one-year-mba-is-the-first-mba-in-india/ and this: http://www.oneyearmba.co.in/one-year-mba-iim-c-pgpex-awarded-mba-accreditation-by-amba-uk/
Globally, an MBA student needs to have 3+ years of experience (class average is 5 years) and so your work experience is bang on for a One Year MBA.
2. as explained above, yes, for a One Year MBA in India most B-schools are looking for 5 years of experience on average. (Some 3+) So your work experience is going to get its due in your application.
3. One of the first things you need is a GMAT score. We would advise you to keep 5 months at the very least for prep. If you need help in planning you admissions, you may want to consider using the services of admitOne – a specialized admission consulting service for One Year MBA applicants managed by Oneyearmba.co.in. More details on this here: http://www.oneyearmba.co.in/admitone-admit-one-specialised-best-mba-admissions-consulting-and-essay-editing-service-for-one-year-mba-applicants/