Dear friends,as I understand,making right decisions at right time is one of the most important things in your lives,and as you know,life matters a lot to us all,as should the decisions.
At this point of time,many of my friends would be wondering whether to or not to do the Manipal MBA offered by ICICI at the cost of 1L and a loan to fund the degree at an interest rate of 2.5 %.
Afetr a thorough groundwork,I have understood that this MBA is only going to be a right decision,with absolutely nothing wrong about it!!
How ?
I am listing few of the points I understand are worth noting before taking a decision ,
1. Firstly the extra edge it gives.
2. Time it saves(u dont hv to quit workin in this case)
3. Incase you are not aware,now-a-days all job openings,decent ones,have a clearly laid eligibility criteria..MBA with two years of work experience,indian banks,international banks,whatever.
4. Opportunities in International Banks will double or infact quadruple with the MBA(remember the extra edge).Without the MBA,you might get a job at the same salary,but only at a probability of .01 %, that too only through references(don't let luck decide your career).
5.Since the syllabus is in sync with the training we already have undergone,quantity of effort required would be little(varying person to person).
6.Cost of MBA varies from 5L in India to 1 Crore in other parts of world but this one is coming at a total cost of 1L (3.75 L+Interest-Inflation=<3L in case you quit before 5 years).
7. Those looking upto an IVY league MBA later in career(for eg. me) need not be disappointed because it is only gonna add value to the CV you will hold.Later,when selected,you will probably connect the dots and remember thisdecision and maybe,me too :P
8.Everywhere,corporate or academia,earning a degree while working full time is duly respected bcz it truly reflects the self-management capabiilities,multi-tasking abilities,perseverance and focus of an individual(doesn't matter if u don't think so abt urself,wht matters is wht they think.. :-) )
9.People thinkin abt salaries,let me reconfirm,someone with MBA earns around 6K-10K higher than the non-mba at delhi(varies with the rating you got)
10.payback period for this MBA is an year(including the bonus and excluding the salary before promotion),which is remarkably good and infact matches Harvard,LBS and INSEAD(I too blushed when i arrived at the figure)
Hope it did help you,atleast a little,in making a final call..hmmm and nevertheless,no sensible decision can be made any longer without taking into account not only the world as it is,but the world as it will be..
Ok guys,ciao later on updates about my cfa preparations and how the syllabus is.tc.god bless ya all....bye.....
At this point of time,many of my friends would be wondering whether to or not to do the Manipal MBA offered by ICICI at the cost of 1L and a loan to fund the degree at an interest rate of 2.5 %.
Afetr a thorough groundwork,I have understood that this MBA is only going to be a right decision,with absolutely nothing wrong about it!!
How ?
I am listing few of the points I understand are worth noting before taking a decision ,
1. Firstly the extra edge it gives.
2. Time it saves(u dont hv to quit workin in this case)
3. Incase you are not aware,now-a-days all job openings,decent ones,have a clearly laid eligibility criteria..MBA with two years of work experience,indian banks,international banks,whatever.
4. Opportunities in International Banks will double or infact quadruple with the MBA(remember the extra edge).Without the MBA,you might get a job at the same salary,but only at a probability of .01 %, that too only through references(don't let luck decide your career).
5.Since the syllabus is in sync with the training we already have undergone,quantity of effort required would be little(varying person to person).
6.Cost of MBA varies from 5L in India to 1 Crore in other parts of world but this one is coming at a total cost of 1L (3.75 L+Interest-Inflation=<3L in case you quit before 5 years).
7. Those looking upto an IVY league MBA later in career(for eg. me) need not be disappointed because it is only gonna add value to the CV you will hold.Later,when selected,you will probably connect the dots and remember thisdecision and maybe,me too :P
8.Everywhere,corporate or academia,earning a degree while working full time is duly respected bcz it truly reflects the self-management capabiilities,multi-tasking abilities,perseverance and focus of an individual(doesn't matter if u don't think so abt urself,wht matters is wht they think.. :-) )
9.People thinkin abt salaries,let me reconfirm,someone with MBA earns around 6K-10K higher than the non-mba at delhi(varies with the rating you got)
10.payback period for this MBA is an year(including the bonus and excluding the salary before promotion),which is remarkably good and infact matches Harvard,LBS and INSEAD(I too blushed when i arrived at the figure)
Hope it did help you,atleast a little,in making a final call..hmmm and nevertheless,no sensible decision can be made any longer without taking into account not only the world as it is,but the world as it will be..
Ok guys,ciao later on updates about my cfa preparations and how the syllabus is.tc.god bless ya all....bye.....
