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MBA & ISB

MBA & ISB. BITS, Pilani Aug 2006. Agenda. Why an MBA When MBA Why ISB What ISB looks for Application Requirements/Procedure Application Deadlines Tips for ISB/MBA with work-ex Answers to some FAQs. Why do an MBA.

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MBA & ISB

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  1. MBA & ISB BITS, Pilani Aug 2006

  2. Agenda • Why an MBA • When MBA • Why ISB • What ISB looks for • Application Requirements/Procedure • Application Deadlines • Tips for ISB/MBA with work-ex • Answers to some FAQs

  3. Why do an MBA • To “understand a way of thinking" and not to “learn a set of financial/management tools/skills" • Case studies bring up business dilemmas for which a best plan has to be formulated • Trains the mind to think in a particular way • Tools are important but are the means to an end • To build a strong network • To understand business/world better • Accelerate your career • To have fun! • Some reasons why NOT to do an MBA • Get more salary (at least, let it not be the ONLY reason!  ) • Do “strategy work”

  4. When MBA? • There is no one answer • Post BITS with work experience: Let the environment you are in help you decide • Question yourself at regular intervals • What will I be doing at my workplace in the next one year? • Am I learning interesting things at my work? • Am I working to my potential? Am I being challenged? • Am I happy and enjoying myself at work? • Is my career progressing or has it stagnated? • Do I see my career moving towards a stage where an MBA will give me an edge? • If you contemplate a job change, decide whether you want a new job or an MBA

  5. Why ISB? • One Year Program • Allows faster return to workplace • Does not compromise on intensity, contact points etc. • World Class Faculty • Drawn from top B-schools across the world • Often are renowned gurus in their respective fields • Global & Constantly Updated Curriculum • Study incorporates latest, cutting-edge research of faculty • Experienced, diverse and high quality peer group • Learnings from interacting/debating with entrepreneurs, doctors, lawyers, army majors, engineers, CAs • Campus Facilities • Comparable to top B-schools in the world • Lateral Placements/Career Shifts

  6. What ISB Admissions looks for? • Leadership Potential • Demonstrated leadership qualities in life/academics/career • Primarily determined through recommendations/essays • Diversity • “What distinguishes you from your applicant pool?” • Work Experience • Minimum 2 years expected • Again, can be because of life/academics/career etc. • Quality/”Richness” matters • Visible career progression demonstrates focus/maturity/drive • Academic/Extra curricular Achievements • Rigorous program requires good academic orientation • Under/Post grad school, CGPA, rank etc. matter • GMAT Score/CAT Score (Provisional)

  7. Application Requirements/Procedure • Eligibility: Undergrad + 2 yrs work ex. preferred • Apply to ISB with • Personal Essays • Critical Assessment of Self • Career Goals – Why ISB • Teamwork example & learnings • Instance of failure & learnings from experience • Role Model Leader • (Some essays change but first two are usually constant) • Resume • GMAT Score • Two Recommendations • Transcripts, certificates etc. • Selected candidates go through an interview

  8. Application Deadlines • Typically two cycles • Apply early – preferably in the first cycle

  9. Tips for ISB • ISB & BITS have a very good relationship • ISB encourages BITSian applications • Separate info-session held for BITSians • Application • Think through your application - do serious self-introspection • Be sincere and honest • Evaluators look for a tight & convincing story • Recommendations • Go for managers/direct supervisors if possible • Other choices: Customer contacts, previous managers etc. • Interview • First impressions matter! • Normally, interviews are used to test weaker areas of application • Have a “Plan B”

  10. Tips for MBA with work-ex • As “potential applicants” you have unique advantage • Yet to enter the corporate world - so can choose a career that • Brings diversity • Brings richness of work experience • Allows you to shape your career from a MBA perspective • Understand areas in application where you need to improve • Use industry exposure platforms like PS-2 effectively • Corollary: Understand strengths and bring them out better • “Reflect” on workplace happenings to gather insights • Again, use PS-2 effectively • Network at BITS and in your workplace • Your network will be your strength – always!

  11. Contact • Use the BITS Embryo discussion boards • Join bits2bschool • subra.krish@gmail.com

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