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I currently have a salary of 25L as a product manager. Is it worth it doing an MBA further at ISB, Hyderabad or in US universities? I want to do entrepreneurship, and a MBA for networking
Since your main goal is to grow a stronger network, considering US universities is of no use. However, if you are okay with developing international networks US universities are a viable option.
Comparing ISB Hyderabad with a US university is a lengthy discussion. Your choice should depend on whether you are planning to settle abroad or settle within India. If your ultimate goal is settling abroad, US universities should be your only option.
If we compare the pay structure, the average package offered at ISB Hyderabad is nearly the same as your current salary whereas US universities offer 7 times better salaries.
Both options require a lot of effort from the initial stage. To get into either, you need a spectacular profile and an impactful application strategy.
Can I do a second MBA from ISB after around 2 years of work experience and my first MBA from a Tier II institute?
There is literally nothing that is stopping you from doing a double MBA. Many students are not satisfied with the brand value or outcome of their first MBA degree and might opt for a double MBA from a better B School with clearer goals.
But if you are doing so, make sure you have a credible story up your sleeve to explain why you need a second MBA.
- They might ask what you learned from your former MBA
- Why you need a second MBA
- Are you doing the second MBA merely for the ISB tag
Prepare such questions well and ponder on the real reason why you are found for another MBA. Rather than a hasty decision, you can also wait for a few years and see if a second MBA is really necessary.
How is a BBA from IBS Hyderabad? What are the opportunities after that? What are the course fee and eligibility?
When choosing a B.B.A program, it is important to consider the quality of the program and what it offers compared to other universities. IBS Hyderabad offers a strong B.B.A program that stands out in comparison to other universities such as GGSIPU, Amity, and Christ.
In the final year of the 3-year B.B.A program at IBS Hyderabad, you have the advantage of choosing from streams including Finance, Marketing, HRM, Entrepreneurship, and IT, flexibility not offered in the BBA program at IP University.
The cost of the B.B.A program at IBS Hyderabad is approximately Rs 5,80,000, which is similar to what other universities charge. Additionally, IBS Hyderabad offers scholarships based on academic performance. For example, students who score more than 90% can receive a scholarship of Rs 75,000.
The placement statistics for BBA Graduates from IBS Hyderabad are strong, although these placements are primarily for graduation purposes and not post-graduation.
If you are interested in exploring other opportunities after completing your B.B.A, you can read more about your options.
What is the admission fee at ISB Hyderabad?
Before commenting on the admission fee, let me tell you the difference between the admission fee and the total expense of pursuing an MBA from ISB Hyderabad. Admission fee refers to the minimum expenses within 15 days of getting the admit offer.
|
Particulars |
Fee (Rs) |
|
Admission Fee |
2.50 Lakhs |
|
Tuition Fee |
24.54 Lakhs |
The above is not inclusive of Electricity charges, Laundry charges, and eating/ recreation expenses. All of this includes accommodation, food, and all course-related material. Travel costs from your home location to both the ISB Campuses and International location are not included.
Some of the other expenses are as follows:
- Security deposit: A refundable security deposit of INR 20,000 has to be paid. These are refunded after deduction of any dues payable to the school.
- Alumni Fund: Alumni membership fee of INR 25,000 is to be paid. It’s paid at the beginning of the program.
- Recreation Centre: A deposit of INR 15,000 has to be paid for the lifetime use of the Recreation Centre. This is applicable for participants of all degree equivalent programs at ISB.
- Added benefits: A senior member from the students’ family can attend a 3-day executive education program “Family Business: Managing Growth and Transformation (MGT)” free of cost. This is valid only for the MGT program offered in the year 2021-22.
The tuition fee is payable in 4 equal installments over 12 months. These expenses may change over the course of the degree because of the program fee being revised by the ISB. Also, keep in mind that you might need to purchase laptops and other electronic aids recommended by the program office.
What is the current procedure for selection in ISB (Hyderabad or Mohali) in EEO (early entry option)?
ISB Hyderabad's selection criteria lay great emphasis on Work Experience. The candidates are preferred and differentiated based on this aspect a lot here. To overcome this problem, ISB Hyderabad has come up with an Early Entry Option wherein candidates with little or no work experience can freely be evaluated on the basis of their academic performance, leadership potential, and personality attributes. Some highlights of the selection process of an Early Entry candidate are
- The early entry applicants will have to in turn showcase their skills and capability by putting forward their goals, their prior achievements, and experiences, and why they are pursuing an MBA. An early-entry applicant has no work experience so his reason for MBA should be backed by strong goals.
- Because your academic performance will be the major criterion of evaluating your profile, each and every aspect of the same will be checked thoroughly. Any flaws can pose a problem to your admission.
- For an Early Entry applicant, his interview round is the most crucial as his personal attributes need to be evaluated which can be done through the interview only.
The best thing an Early Entry applicant can do to increase his/her chances of admission is to get involved in extracurricular activities or get additional certificates and prepare best for the interview
What is the ranking of ISB Hyderabad?
ISB Hyderabad is spread across 260 acres of land, having several modern facilities, and accommodates 130-210 students on campus. It offers an excellent One Year Executive Postgraduate Program (EPGP), PGP, FPM, Advanced Management Programs, etc.
Rankings:
In recent years the ranking provided to ISB Hyderabad by different authorities are as follows.
- QS Global MBA Ranking 2020 - 98th
- Financial Times Global MBA Ranking 2020 - 20 out of 100
- Forbes Business School 2019 - 7th Globally
Some of the other key ranking highlights are given below.
The Global Programme Ranking for 2019 has offered Rank-2 to ISB Hyderabad with the following scores.
- Resource score- 51.2
- Engagement score- 88.5
- Outcomes score- 80.9
- Environment score- 87.5
- Overall score- 76.2
Course Fee:
The overall fee for MBA in ISB Hyderabad is between 34-46 Lakhs for the entire program, based on accommodation.
Comparing ISB Hyderabad to IIM Ahmedabad, the points below give a list of some brief aspects of the institutes.
- Course Duration: IIMA (2 years) > ISB (1 year)
- Size of batch: ISB (total 900+ in two batches) > IIMA (400+)
- GMAT Requirement: IIMA > ISB
- Peer to peer Learning: ISB > IIMA
- Engineering background: IIMA > ISB
- Tier-I Engineering Schools: IIMA > ISB
- Consulting companies: ISB > IIMA
- Sales and Marketing companies: ISB > IIMA
- Finance/Banking: IIMA > ISB
- Post-MBA Salary: IIMA > ISB
Considering the recent statistics, ISB is a better option for experienced candidates, providing the best executive MBA degree in the country.
I have got a CGPA of 6.5 in my first semester of BTech in IIIT-Hyderabad. Can I improve it till 8.5 for getting an admission offer in a prestigious management institute in IIMs or ISB?
People usually have two opinions regarding MBA admissions. First, the admissions have little to do with numbers, second, CGPA and numbers are extremely crucial. My answer is here to support the second opinion and she’s light on the importance of CGPA.
Don’t decide on your next degree hastily before even completing the first one. You may want to explore more interests before deciding what you want to finally choose. Most people in IIT commit the grave mistake of not focusing on their Academics because they think that the ECE or IT sector is not their cup of tea. They forget that they are among the best computer science minds right now and do not make the best use of this opportunity. Identifying the opportunities offered by the institute is a crucial step before deciding on your future career. Even if after enough reflection you realize that the IT sector is not for you, you may explore other options.
Recently many alumni of IIIT Hyderabad have joined as graduates of IIMs after gaining work experience. But almost every alumnus I have looked up had an excellent CGPA, nothing less than 8.5.
So CGPA is not the only factor but is one of the most important factors during admissions at IIMs. One can get into an IIM even with an average CGPA but having a good CGPA will increase the plethora of opportunities definitely.
Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?
ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.
Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.
Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance
- only 10 FP and A roles were allotted that too only to CAs
- Only one Investment banking role was offered by Barclays
- Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background.
- One M and A role was offered only
- 4 Asset Management and zero Equity Research and Credit Rating roles were offered.
So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.
Does age (30 and above) matter for MBA from ISB Hyderabad and latter on the placements?
If you are above the age of 30 and applying for a job or a graduate program, it is expected that you have a certain level of experience. To be successful in the interview process, it is important to demonstrate maturity and communicate effectively, highlighting the unique value that your experience brings to the table. Recruiters often look for candidates with experience and may be more likely to overlook younger applicants with less experience.
In the case of ISB, many companies that recruit on campus are looking for candidates with 5+ years of work experience. Therefore, if you are a 24-year-old with 2 years of work experience, you may face more competition for certain positions. It is important to research the types of companies and positions that you are interested in and to consider whether your experience aligns with the needs of those companies. This is known as "school research" and it is important to do it before applying.
In summary, when applying for a job or graduate program, it is important to have a clear understanding of the expectations of recruiters and the types of positions you are interested in. By doing research and understanding the needs of the companies and positions you are applying for, you can tailor your application and interview to align with those needs and increase your chances of success. Think logically and don't have expectations without a clear trail of thoughts.
Is it worth spending 30k to join GMAT coaching at Crack ISB Hyderabad?
Yes, it certainly is worth paying a hefty fee of 30k for GMAT coaching at Crack ISB Hyderabad. The quality of trainers and the certainty of admission is what draw the candidates here. While there are many institutes that specialize in training for the CAT, very few institutes offer training for GMAT.
Crack ISB Hyderabad has many features that have made it so popular and demanding among GMAT aspirants
- The peer group is a productive and effective group discussion is possible
- The institute gives the admission essay reviews free of cost while most institutes charge around 20-25k
- The quality of editing is much better at this Institute mainly because the faculty comprises alumni of top B Schools
So it’s better to pay more for quality education than pay less or the same for substandard education. But remember an Institute can just prepare you for your entrance exam. It’s upon you to put in maximum effort and achieve your goals.
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