MBA in IIMs Vs MBA in US BSchools

[maelstrom]

Originally Posted by Diablo

There are many angles to your problem mraghu..

1)If you are looking for quality eduation:
I would suggest you to apply for top 20 B Schools in US. They are better than the Best IIMs in India. That is one of the primary reasons IIM grads apply for top B schools.

ISB is expensive to Indian standards ...but has a very good MBA programme. Better than IIMs for what people say. ISB has faculty of international reputation but is far less hyped becuase of its cost.



2)Looking for Easy Life?
If you want to take life easy and you think you can get into IIMs without much hassle ...go for it. It is glorified more than it deserves and you can get really good placements there. But getting there is pretty competitive.

You dont need to have much work ex to get into IIMs ...which is an advantage in your case.


--Diablo

Hello Mr.Diablo,

You seem to know a lot about ISB and I am truly flabbergasted with the amount of insight that you about this subject. You have truly contributed to this thread.

Sir, can you please let us know more about yourself. Whats your GMAT score? What your background is?

Thanks,

Maelstrom

[Diablo]

My GMAT SCORE = 750
I have 14 Years work Ex:
I had been the Youngest CEO in this part of my country.
I would not like to disclose any more credentials becuase it may reveal my identity.
By the way...I was also a visiting Prof at a reputed B School.

I AM KIDDING!! DO YOU HAVE TO HAVE A GREAT BACKGROUND TO DISCUSS ABOUT THIS?

--Signing off
Diablo

[maelstrom]

Sir,

You are an inspiration to all of us. We are lucky to have you as a member of this Forum. Keep it up Mister. I just checked out your earlier msgs. You seem to be thinking of an MS as well. Are you sure you are who you say you are and you are not misleading the innocent folks here?

Thanks,

Maelstrom

[Diablo]

Like I said ...I was kiddin about my credentials

[mrk4gre]

Originally Posted by Diablo

1)If you are looking for quality eduation:
I would suggest you to apply for top 20 B Schools in US. They are better than the Best IIMs in India. That is one of the primary reasons IIM grads apply for top B schools.

Rightly said !! Quality of education in Top 20 schools(if not Top 10 ) is definitely bound to be way better than IIMs in India, and the point is, I might have to wait for years together to get into top 20 schools .

On a serious note MBA to me is irrestistable, so i cannot wait for ages to get into MBA. So, wat i would cotton to know, Will the Top guns like Harvard, Stanford and the rest, take you even though you already have an MBA from IIM in Inida?? This is what precisely i was wondering.

Originally Posted by Diablo

ISB is expensive to Indian standards ...but has a very good MBA programme. Better than IIMs for what people say. ISB has faculty of international reputation but is far less hyped becuase of its cost.

Are the standards in ISB comparable to the best B Schools in US ?

[bmanoj99]

From the information that I have gathered, I can say that it is very very difficult for you to get get admission into top US schools if u already have a MBA from IIM. Even in India, now a days IIMs' are not entirely open about taking students with masters degrees. One of my friends was dinged in IIM interview because he had a masters in IT.
It does not mean that you cannot get to do a second MBA in these schools. But your essays need to be extremely strong to prove why you need another MBA when u have one already.

Originally Posted by mraghu4u

Rightly said !! Quality of education in Top 20 schools(if not Top 10 ) is definitely bound to be way better than IIMs in India, and the point is, I might have to wait for years together to get into top 20 schools .

On a serious note MBA to me is irrestistable, so i cannot wait for ages to get into MBA. So, wat i would cotton to know, Will the Top guns like Harvard, Stanford and the rest, take you even though you already have an MBA from IIM in Inida?? This is what precisely i was wondering.



Are the standards in ISB comparable to the best B Schools in US ?

[mrk4gre]

Originally Posted by bmanoj99

From the information that I have gathered, I can say that it is very very difficult for you to get get admission into top US schools if u already have a MBA from IIM. Even in India, now a days IIMs' are not entirely open about taking students with masters degrees. One of my friends was dinged in IIM interview because he had a masters in IT.
It does not mean that you cannot get to do a second MBA in these schools. But your essays need to be extremely strong to prove why you need another MBA when u have one already.

Hi bmanoj99,

Thanx a ton for ur response. lemme tell u some thing, i was browsing through some of the profiles of the current students of Kellog, and interestingly found one, who has her PGDBM from XLRI, Jamshedpur. And a friend of mine told me that even INSEAD takes people who already have an MBA from premier instititutes, and wats more they give preference to them aswell.

Any value addition to the current topic from any body else, is most welcome

Raghu.

[phantom007]

Hey there guys

I don't understand how IIM's are acceptable of taking on people with no/minimal work exp. The Indian model of education advocates post grad study straight after u-grad, with no emphasis on work exp. I find this extrremely warped and bizarre. Education is a process and carries on throughout a person;s life, well at least I think so. And by education I don;t just mean tertiary education. I'm talking about the learning that one inculcates merely by working in the work place, interacting with colleagues, actually seeing first hand the vulnerabilities and dynamics of a realistic work environment. How can a management education be even initiated unless the candidate has got contextual experience to relate the academic content to? If you ask me, the majority of these Indian IIM candidates are extremely bright and capable people, but they are sorely missing out on the opportunity to gain more from their post grad education, purely because they choose to immerse themselves in a system that does not seem to value practical realistic holistic exp and the inevitable learning by osmosis that one goes through while working.

And the ironic thing is, because MNC's recruit these IIM grads at top salaries, the cycle continues, and there is no incentive whatsover to add value to one's post graduate education through prior work exp - no, life exp.

Personally, I can attest that not having gone for a post grad degree straight after my undergrad was the best bloody decision of my life. The work exp I gained, the friends I made, the many myths that were shattered, the responsibilities I gained etc.....these have all allowed me gain tremendous perspective. And now I know I know I'll be able to better capitalise on a quality post grad program. Relax guys.....life's too wonderful to waste away through incessant chasing after degrees. Anyway, my thoughts!!!!!!!

[cocoray]

IIM guys are among the most brilliant people you can find anywhere in the world. I am from the IIMC, and we had people who had perfect 10.00 CGPAs from IITs (comp science guys), and who were amazingly sharp. I have worked with Harvard Business School MBAs - and you can't just compare the IQ or the potential of IIM folks with US B.School guys. But a Harvard or a Stanford guy has the ability to open doors at senior levels in most Fortune 500 companies, and also in various givernments. Reason: the respect their brand name gets globally, and their alumni network. Also their system - which is best in the world (by system I mean profs, courses, placements, subsequent career progression, the 'can do attitude. confidence', the people around, the learnings). We were smart, but pretty raw when we (I at least) entered IIM.

Having said that, I am applying to the top US B. Schools (scored 770 in GMAT a few days back) after 7 years of work-ex (currently working as VP of Marketing). The reason? The global exposure, the brand name, and jumping 'orbits'. We IIM guys are the kings in India, yet we never had the exposure that those guys would have had at a top 10 US B. School. Also, while IIM is famous in India, in US, it still doesn't have the kind of brand equity that IIT has. and we know that we are as good, if not better. So why suffer global discrimination?

Combine the talent/ potential of a person who can crack CAT with the exposure of a top international B. School - and you get a killer combo. And you can always come back to India after a few years abroad - and you get treated like a returning hero (wow! Harvard! Stanford!....)

So if you can make it into a top US BSchool, go for it.

[sg2005]

I am no expert to suggest anything on this front, but this is one of the big confusion that I too have now. I am applying for the PGPX (1 year MBA for people with 7+ year experience) program in IIMA and also to the US business schools. I think the big problem with indian schools is the exposure that you get. We can not compare this with US schools. I agree that getting into IIM is probably difficult because of the number of people apply and CAT. People will surely appriciate that CAT is one tough nut to crack. Having said all that, If one is looking for a good exposure and good career then US schools (top 30) is the way to go. However there is a risk. IIM means job for sure, even the top US b-schools can just dream to achieve the placement % of IIM.