The important of Career Counseling, or a Master's in Finance (MS Finance) or an MBA?
In the excitement of applying for an MBA, it is difficult to remember that an MBA is the means to an end, rather than an end in itself. The end result is demonstrated in what you do with it. Obtain the job of your dreams, start your business, add it as a credential that will help on multiple occasions...or something else that achieves the basic purpose of an MBA - help you move forward.
One of the first things you will do in practically the first week of your MBA program is tailor your resume to the industry/career you are looking for, at least for the summer internship. If you are not sure of that, you might not be in the first place to get the most out of your MBA, which is a relatively short 21 months for a full-time MBA, and even shorter for a one-year MBA! I agree that people change their minds after getting into the program, but having at least one well-thought and viable career option is important. A strong career plan not helps convince the AdCom of your candidacy, but puts you in a good place for the recruiting season as well, which starts about 6 weeks into your first semester.
This is where Career Counseling comes in. After coming across across numerous graduate school applicants with exemplary credentials but not a well thought-out career plan, we have been offering Career Counseling to My MBA Admit clients on a stand-alone basis or as part of our Volume Discounts and Application Packages.
Our logic is simple. You are spending $150K on your degree, two years of your life, plus the opportunity cost of lost earnings. Isn't it worth it to have a strong career plan to make all that investment of time and money worthwhile?
Master's in Finance (MS Finance) or an MBA?
Applicant:
GMAT (2nd attempt): 720 (Q49, V39).
GMAT (1st attempt): 610 - Q49, V25.
Work Exp - 3.5 years (will be 4+ by the time I start my school)
Break up of 3.5 years
- 1.5 years (IT - India) - worked as a Business Analyst
- 1.5 years (IT - US) - worked as a Business Analyst
- Around 6-7 months (IT+Finance - India) - working as a Business Analyst for a BIG US Company (Into Commercial Finance)
Iknow people choose btw MS Fin/MBA depending upon their interests. Iwant to be an investment banker as I love maths and figures. So kindlysuggest a degree.
My MBA Admit:
AMaster's in Finance is a way to strengthen your background in thesubject. Depending on the program and the MBA you are comparing it to,it will possibly offer higher-level courses in quantitative financethan an MBA which offers a more diverse mix of courses to suit thevaried interests of its students. However, a Master's in Financetraditionally has fewer takers than an MBA. This translates to feweremployers on campus, making it slightly harder to secure a job aftergraduation.
On the other hand, if you are keen on being aninvestment banker, MBA and then Investment Banking is an establishedcareer path, and one that comes with many recruitment opportunitiesboth during and after MBA. If your main reason for pursuing an MBA isto obtain an investment banking job, I would recommend an MBA over MSFinance.
Besides helping our clients develop strongapplication packages, we also offer sessions in Career Counseling.Based on your situation, we would strongly recommend this. Email us at mbaconsult@mymbaadmit.com to learn more, or check out our Volume Discounts and Application Packages.
One of the first things you will do in practically the first week of your MBA program is tailor your resume to the industry/career you are looking for, at least for the summer internship. If you are not sure of that, you might not be in the first place to get the most out of your MBA, which is a relatively short 21 months for a full-time MBA, and even shorter for a one-year MBA! I agree that people change their minds after getting into the program, but having at least one well-thought and viable career option is important. A strong career plan not helps convince the AdCom of your candidacy, but puts you in a good place for the recruiting season as well, which starts about 6 weeks into your first semester.
This is where Career Counseling comes in. After coming across across numerous graduate school applicants with exemplary credentials but not a well thought-out career plan, we have been offering Career Counseling to My MBA Admit clients on a stand-alone basis or as part of our Volume Discounts and Application Packages.
Our logic is simple. You are spending $150K on your degree, two years of your life, plus the opportunity cost of lost earnings. Isn't it worth it to have a strong career plan to make all that investment of time and money worthwhile?
Master's in Finance (MS Finance) or an MBA?
Applicant:
GMAT (2nd attempt): 720 (Q49, V39).
GMAT (1st attempt): 610 - Q49, V25.
Work Exp - 3.5 years (will be 4+ by the time I start my school)
Break up of 3.5 years
- 1.5 years (IT - India) - worked as a Business Analyst
- 1.5 years (IT - US) - worked as a Business Analyst
- Around 6-7 months (IT+Finance - India) - working as a Business Analyst for a BIG US Company (Into Commercial Finance)
Iknow people choose btw MS Fin/MBA depending upon their interests. Iwant to be an investment banker as I love maths and figures. So kindlysuggest a degree.
My MBA Admit:
AMaster's in Finance is a way to strengthen your background in thesubject. Depending on the program and the MBA you are comparing it to,it will possibly offer higher-level courses in quantitative financethan an MBA which offers a more diverse mix of courses to suit thevaried interests of its students. However, a Master's in Financetraditionally has fewer takers than an MBA. This translates to feweremployers on campus, making it slightly harder to secure a job aftergraduation.
On the other hand, if you are keen on being aninvestment banker, MBA and then Investment Banking is an establishedcareer path, and one that comes with many recruitment opportunitiesboth during and after MBA. If your main reason for pursuing an MBA isto obtain an investment banking job, I would recommend an MBA over MSFinance.
Besides helping our clients develop strongapplication packages, we also offer sessions in Career Counseling.Based on your situation, we would strongly recommend this. Email us at mbaconsult@mymbaadmit.com to learn more, or check out our Volume Discounts and Application Packages.
Posted by My MBA Admit at March 4, 2010 
Categories: Business Schools, MBA Admissions, MBA Admissions Consulting
Tags: Business Schools MBA Admissions General
Categories: Business Schools, MBA Admissions, MBA Admissions Consulting
Tags: Business Schools MBA Admissions General
Comments