Why MBA?

MBA is a study that can act as a fresh start, nice platform to do multiple things such as:

1) provide gateway into the US (actually any masters will)

2) a reasonable gateway to Management consulting,

3) a career in finance such as investment banking

Sundar Pichai, Tim cook, Satya Nadella all have MBA. Although, Rob Mather the founder of AMF has an MBA, who does amazing things doesn’t

to get to senior positions within companies you don’t really need an MBA - 80k hours

David goldberg, the CEO of founders pledge has an MPhil in philosophy. His career is really interesting as he done quite some founding, being in top positions (General manager, Co-founder), and all this without an MBA.

Benjamin Todd CEO and co-founder of 80k hours, has had amazing accomplishments, all with a masters degree in philosophy and without an MBA.

I manage the team, and have especially focused on product design, strategy, fund-raising, writing our content and hiring. - Benjamin Todd

Not sure?

A management degree allows me to earn for a few years, while gaining some problem solving experience and then hop into the real roles as required for the world.

At this point it appears as if I need an MBA to get into management consulting or investment banking.

How can I check this?

  • I can check this with someone I can know in the business, or I can try through LinkedIn or try reaching out to a friend.

Where can I do an MBA?

0) Internship

I suppose I can try applying for an internship for 2 months, because that is all the free time I would have. But I would still need to prep for it for a few months. Not sure what to prep on and how to go about it.

  • Not sure of the growth that I could get after. I suspect a degree is valued more?

1) china

Apparently there is university which gives you money for stay and education. My friend from chennai, was able to get it before starting his masters in TU Delft. Hence, I suspect I should be able to get it as well

2) US in a mediocre university (rank 25-ish)

My friend from Chennai with a 740 in GMAT did his education with an 80% scholarship in the US. The next year apparently all the students were given a full scholarship. He earns only 70k now (100k california salary), which probably reflects on his skills as well as the university level. But it is possible scholarship, but is there any use?

Another friend who got into Cornell (180k tuition fees), after working in Deloitte for a few years, and a 710 in GMAT, seems to be very confident of getting a job after finishing his studies. Anyways he suggests to stay within top 20.

  • The possibility of a scholarship is unclear
  • The possibility of a job is unclear

3a) Do an MBA in Netherlands (12 months)

The Rotterdam school seems to be one of the good schools in NL. The cost of such an education is about 50k $. I should have learnt dutch before I finish my MBA. I am not really worried or thinking twice about a job. I suspect it should be rather easy. Worst case I have the scope to join back into the precision industry I am attempting to get out of.

Highly advisable to apply for scholarship. I don’t have that kind of money, plus I will have to

  • Apply for 2019/2020 with a good GMAT score to get into RSM only with scholorship

  • Learn the credentials of people who do earn scholarships

  • There are CV assessments available on the website of RSM, probably to get a feel of your level

Loans are available at nice interest rates, but the time of paying back will probably hold you back.

3b) Do an MBA in INSEAD in UK

This seems to be a god-level program with ranking of 2 in 2018. It is a one year program, and I guess the top of the top would come here. It says here in their website as to what is the avg GMAT score (710), number of years of experience (6) etc… An average salary of $177k is expected after 3 years of graduation according to rankings.ft.com.

Not sure how doable it is. Anyways there is time.

4) Part time options (22 months)

RSM offers some part-time MBA as well.

5) Taking up a management traineeship job for 2 years?

  • Ask Koushik what are the possibilities and exit routes for Shell management trainees

  • Also look for the same in Linkedin

6) An MBA in India is also an option

In any case

If I have decided to do an MBA and attempt to get in top courses, I should give my life and leave this company and go to somewhere else where I can get credentials.

P.S

Major procrastination after one hour. Not able to control. Then huge resistance to write well, amidst doing research. I want to sleep by 11 and wake up early, seems to never be possible.