Part-time MBA programs were specifically designed for the working professional. Classes are almost always scheduled in the evening, because most part-time MBA students work during the day. Program Duration Part-time MBA programs usually take two to three years to complete, but may take up to five. Some part-time programs require fewer courses than full-time programs, while others require the same number.
Program Advantages Part-time MBA programs are wonderful for the student who needs to work. Because classes are scheduled outside of normal business hours, it is possible to achieve an education or further your career while you work full-time. And, if your employer offers tuition reimbursement, you can get your MBA for free.
Program Disadvantages Not all schools offer part-time MBA programs. You may be required to attend a school that is not your first choice. Also, if you plan to transfer to a full-time program at a later date, your credits may not be transferable.
Admission Gaining admission to a part-time MBA program varies in difficulty depending upon the business school that you choose
Tuesday, June 26, 2007
Thursday, June 14, 2007
PART TIME MBAs
Employment opportunities for international students are limited. You should not plan on earning substantial money from a part-time job to help pay for your studies.
MBA is an intensive program and you will have many assignments to do. There will not be much time for part-time work.
On campus : Though international students are allowed to work on campus, these jobs are often difficult to obtain and do not provide sufficient funds to sustain education costs. Students with good academic standing have a better chance.
Most jobs involve working for a professor on some projects.
Off campus : It may be possible to for students to avail of limited off-campus employment, which is subject to strict regulatory guidelines.
It requires approval from US Immigration & Naturalization Service. This approval is not easy to get and depends on a special need.
Practical Training : In addition, there are opportunities for practical training which entail a period of authorized employment, designed to allow foreign students to have professional work experience while doing their MBA.
This internship is for around three months at the end of two semesters of study. This is good time to earn some extra income. If you manage to get an internship opportunity with a good company, not only will you earn well, but also it could translate into a job opportunity at the end of your MBA program, if they like your work.
For further details on part-time jobs and work opportunities, contact the foreign student adviser at the university, after you are enrolled.
MBA is an intensive program and you will have many assignments to do. There will not be much time for part-time work.
On campus : Though international students are allowed to work on campus, these jobs are often difficult to obtain and do not provide sufficient funds to sustain education costs. Students with good academic standing have a better chance.
Most jobs involve working for a professor on some projects.
Off campus : It may be possible to for students to avail of limited off-campus employment, which is subject to strict regulatory guidelines.
It requires approval from US Immigration & Naturalization Service. This approval is not easy to get and depends on a special need.
Practical Training : In addition, there are opportunities for practical training which entail a period of authorized employment, designed to allow foreign students to have professional work experience while doing their MBA.
This internship is for around three months at the end of two semesters of study. This is good time to earn some extra income. If you manage to get an internship opportunity with a good company, not only will you earn well, but also it could translate into a job opportunity at the end of your MBA program, if they like your work.
For further details on part-time jobs and work opportunities, contact the foreign student adviser at the university, after you are enrolled.
Wednesday, June 13, 2007
summer placements in mba
The summer internship process in most business schools fuels three thought processes in every student.
i. It is a welcome break from the academic curriculum and pressure of assignments, with a fat stipend at the end if you are lucky. ii. You intern with a firm to maximise your chances of getting a final offer from the very same firm. Such an offer, when it is made, is called a pre-placement offer or a PPO. A PPO is a job offer made to those interns whom the firm wants to recruit as full time employees due to their good performance during the summer internship. It is often declared before the final placement process takes place in a management institute. In a way, a PPO makes life easier. Now that you know you have a job up your sleeve, you can always opt out of the hassles of the final placement process. It also brings you into the radar of other good firms who might want to recruit you. This is primarily because a PPO signals you have proved yourself in the industry. Thus, the PPO route may be a good option, but it could increase the pressure on you during your internship.
iii. Getting a PPO might become an end in itself.
The more advisable strategy, though, is to learn as much about the industry, company or function you are going to perform as an intern and evaluate whether it is interesting enough for you to come back to this industry or company after graduation.
This strategy reduces the pressure on you. In the bargain, you make a more informed and correct decision about the company and industry.
Choosing the right company/ industryYour choice is a function of many parameters, such as your past profile in terms of academics, extra-curricular activities, positions of responsibilities in earlier jobs and your overall personality.
Many candidates are clueless about what they want to do after post-graduation. There is a tendency to resort to the herd mentality and run to the most lucrative companies.
I believe every candidate has to realise his potential and limitations; one way of doing this is through the summer placement process.
For example, investment banking is currently very hot on most campuses in India. However, not all can be investment bankers. The profile most investment banking companies look for is a good mathematical grounding and an ability to crunch numbers quickly. Whether one has this profile and whether one is cut out for such a role is the question every candidate must answer after getting information from the industry people and sources like seniors, company Web sites, presentations from companies, etc.Is marketing your forte?The expectations of a firm offering a marketing role are quite different. Marketing firms look for an overall personality, someone who has diverse interests and has held positions of responsibility before.
They need people who are outgoing, have the ability to take on responsibility, to work in teams and provide new and diverse perspectives -- these qualities are rated highly by marketing companies over and above the scholastic ability of a person.
It counts from the perspective of the marketing firm if a candidate has done something really extraordinarily different. My entrepreneurial experience was highly rated by most marketing firms who shortlisted me for an interview Preparing for your interviewSome basic knowledge about the tools in marketing will be useful. The segment's target positioning and the 4Ps --product, price, place and promotion -- should suffice for most marketing firms.
Keeping abreast of new practices by reading about the latest development in the world of marketing through journals published by the American Marketing Association is a great option. It is, however, not necessary at the first year level.
Keeping abreast with knowledge about various sectors such as FMCG, telecom, insurance, airlines, etc, is an added advantage. On the personal front, one must be ready to defend every point on his or her resume. This is important from the point of view of the interviewer; at no point should he feel that you are overstating your resume. This particularly happens with people with certain achievements -- not limited to a rank or an academic achievement -- that require explanation. For me, many of my interviews were based on my entrepreneurial experience rather than my experience in software or my academic profile. I was asked questions that tested my depth of knowledge in order to ascertain the statements I had made on my resume. When the going gets toughFinally, one must learn to cope with pressure during the summer's process. There are many resumes that may be as good as or better than yours and the competition can get tough. Often the summer process happens at a stretch. In such cases, the process can get really tiring. It starts playing on people's minds once they are in the third or fourth of the placement process and more than half the batch is placed. The important thing to remember is that the summer placement process is not an end in itself; it is a stepping-stone to greater success after the completion of the MBA programme.
It
i. It is a welcome break from the academic curriculum and pressure of assignments, with a fat stipend at the end if you are lucky. ii. You intern with a firm to maximise your chances of getting a final offer from the very same firm. Such an offer, when it is made, is called a pre-placement offer or a PPO. A PPO is a job offer made to those interns whom the firm wants to recruit as full time employees due to their good performance during the summer internship. It is often declared before the final placement process takes place in a management institute. In a way, a PPO makes life easier. Now that you know you have a job up your sleeve, you can always opt out of the hassles of the final placement process. It also brings you into the radar of other good firms who might want to recruit you. This is primarily because a PPO signals you have proved yourself in the industry. Thus, the PPO route may be a good option, but it could increase the pressure on you during your internship.
iii. Getting a PPO might become an end in itself.
The more advisable strategy, though, is to learn as much about the industry, company or function you are going to perform as an intern and evaluate whether it is interesting enough for you to come back to this industry or company after graduation.
This strategy reduces the pressure on you. In the bargain, you make a more informed and correct decision about the company and industry.
Choosing the right company/ industryYour choice is a function of many parameters, such as your past profile in terms of academics, extra-curricular activities, positions of responsibilities in earlier jobs and your overall personality.
Many candidates are clueless about what they want to do after post-graduation. There is a tendency to resort to the herd mentality and run to the most lucrative companies.
I believe every candidate has to realise his potential and limitations; one way of doing this is through the summer placement process.
For example, investment banking is currently very hot on most campuses in India. However, not all can be investment bankers. The profile most investment banking companies look for is a good mathematical grounding and an ability to crunch numbers quickly. Whether one has this profile and whether one is cut out for such a role is the question every candidate must answer after getting information from the industry people and sources like seniors, company Web sites, presentations from companies, etc.Is marketing your forte?The expectations of a firm offering a marketing role are quite different. Marketing firms look for an overall personality, someone who has diverse interests and has held positions of responsibility before.
They need people who are outgoing, have the ability to take on responsibility, to work in teams and provide new and diverse perspectives -- these qualities are rated highly by marketing companies over and above the scholastic ability of a person.
It counts from the perspective of the marketing firm if a candidate has done something really extraordinarily different. My entrepreneurial experience was highly rated by most marketing firms who shortlisted me for an interview Preparing for your interviewSome basic knowledge about the tools in marketing will be useful. The segment's target positioning and the 4Ps --product, price, place and promotion -- should suffice for most marketing firms.
Keeping abreast of new practices by reading about the latest development in the world of marketing through journals published by the American Marketing Association is a great option. It is, however, not necessary at the first year level.
Keeping abreast with knowledge about various sectors such as FMCG, telecom, insurance, airlines, etc, is an added advantage. On the personal front, one must be ready to defend every point on his or her resume. This is important from the point of view of the interviewer; at no point should he feel that you are overstating your resume. This particularly happens with people with certain achievements -- not limited to a rank or an academic achievement -- that require explanation. For me, many of my interviews were based on my entrepreneurial experience rather than my experience in software or my academic profile. I was asked questions that tested my depth of knowledge in order to ascertain the statements I had made on my resume. When the going gets toughFinally, one must learn to cope with pressure during the summer's process. There are many resumes that may be as good as or better than yours and the competition can get tough. Often the summer process happens at a stretch. In such cases, the process can get really tiring. It starts playing on people's minds once they are in the third or fourth of the placement process and more than half the batch is placed. The important thing to remember is that the summer placement process is not an end in itself; it is a stepping-stone to greater success after the completion of the MBA programme.
It
Sunday, June 10, 2007
our GMAT score can significantly affect your chances of admission. Without a good score, you have little or no chance of making it to a top school. GMAT tests skills that are usually developed over a period of time. However, a well-planned preparation schedule can help you ace the GMAT. The first thing is to approach it with the right attitude.
Developing the Right Attitude
Once the importance of the GMAT has clearly dawned on you, you can approach it with the right amount of determination and discipline. It helps to face the GMAT as a challenge – a challenge that should get your adrenaline flowing, and bring out the best in you. To succeed, you need to have a focussed and concerted approach towards the preparation; given the nature of the test, regular practice along with expert guidance can work wonders for your final score report.
How much time do you need to prepare?
To a large extent, this is a function of your initial state of readiness. The GMAT requires primarily two kinds of theoretical inputs : basic math (comparable to Grade 10 syllabus, but subject to severe pressures of time) and grammatically correct English. Both of these are skills acquired over many years of schooling, and the stronger your foundations in these subjects are, the easier it is for you to prepare. Typically, I recommend that you start preparing at least 3-4 months before your test date. During this time period, your preparation will be divided into two parts – the initial 1�-2 months when you concentrate on strengthening your foundations by delving into the topics of the GMAT syllabus, and the final two months or so when you will focus on sample GMAT tests that give you a feel of the actual computer adaptive GMAT.
Computer Practice : A Pre-requisite for the GMAT
Ever since the GMAT became a computerized test in 1997, the ETS (the organization that conducts the examination all over the world) has had a lot of opportunity to experiment with the content and composition of the GMAT. Computerization has no doubt been a step forward in the conduct of the GMAT, making it all the more demanding and challenging. The unique adaptive nature of the GMAT ensures that the questions on the test match your ability level – so you can rarely have a test that was "too easy" or "too difficult". Given the competitive nature of the exam, there is no way that you can hope to score high without actually preparing on the computer. You need to not only familiarize yourself with the instructions and format of the GMAT, but also acquaint yourself with the adaptive nature of the test so that you can finish the test in time. Finally, you need to practice on the computer for the writing section of the GMAT – in which you need to type two meaningful essays on the computer in a space of 60 minutes. If you are not used to regularly working on the computer, you might find yourself woefully short of words on the day of the test.
The Preparation Process
Developing the Right Attitude
Once the importance of the GMAT has clearly dawned on you, you can approach it with the right amount of determination and discipline. It helps to face the GMAT as a challenge – a challenge that should get your adrenaline flowing, and bring out the best in you. To succeed, you need to have a focussed and concerted approach towards the preparation; given the nature of the test, regular practice along with expert guidance can work wonders for your final score report.
How much time do you need to prepare?
To a large extent, this is a function of your initial state of readiness. The GMAT requires primarily two kinds of theoretical inputs : basic math (comparable to Grade 10 syllabus, but subject to severe pressures of time) and grammatically correct English. Both of these are skills acquired over many years of schooling, and the stronger your foundations in these subjects are, the easier it is for you to prepare. Typically, I recommend that you start preparing at least 3-4 months before your test date. During this time period, your preparation will be divided into two parts – the initial 1�-2 months when you concentrate on strengthening your foundations by delving into the topics of the GMAT syllabus, and the final two months or so when you will focus on sample GMAT tests that give you a feel of the actual computer adaptive GMAT.
Computer Practice : A Pre-requisite for the GMAT
Ever since the GMAT became a computerized test in 1997, the ETS (the organization that conducts the examination all over the world) has had a lot of opportunity to experiment with the content and composition of the GMAT. Computerization has no doubt been a step forward in the conduct of the GMAT, making it all the more demanding and challenging. The unique adaptive nature of the GMAT ensures that the questions on the test match your ability level – so you can rarely have a test that was "too easy" or "too difficult". Given the competitive nature of the exam, there is no way that you can hope to score high without actually preparing on the computer. You need to not only familiarize yourself with the instructions and format of the GMAT, but also acquaint yourself with the adaptive nature of the test so that you can finish the test in time. Finally, you need to practice on the computer for the writing section of the GMAT – in which you need to type two meaningful essays on the computer in a space of 60 minutes. If you are not used to regularly working on the computer, you might find yourself woefully short of words on the day of the test.
The Preparation Process
- Analyze your position:
Before you proceed with the actual preparation, you need to know where exactly you stand and how much ground you need to cover. It helps to assess your strengths and weaknesses through a good quality test, one that is comparable to the actual GMAT in both the quality of its questions and its scoring. Here, it is very important that you do not attach too much significance to your score on this test – the test has to be purely of an indicative nature. Do not get disheartened with a low score, nor get complacent with a high score, for it can all change – for better or worse – by the time you take the actual test. You can even take a paper test if you cannot get hold of a computer adaptive test.
- Strengthening the Foundations:
As mentioned earlier, the GMAT requires you to have strong fundamentals in Math and English grammar. Once you have an idea of which areas you need to work harder through the diagnostic test, you can accordingly streamline your efforts. A good way is to review the textbooks of the school level, without going into too much detail. Both grammar and math work on the basis of a fairly well-defined set of rules : it’s important to be familiar with these rules. Work on the basics for a couple of months – get the concepts right, clarify all your doubts, work through solved and unsolved examples – before you attempt full length practice tests.
- Practice Tests:
It is important that the practice tests that you attempt have been prepared by some authority, and that they reflect actual test questions and scores. Try taking the tests under simulated conditions with utmost concentration. The complete test is of nearly four hours’ duration – a period long enough for our concentration to flag. It will take a couple of tests before you develop the rhythm for taking these tests. Also, it is imperative that you get a good feedback on your performance in these tests – so that you can learn from your mistakes and make sure you do not repeat them. A mistake on the practice test must be looked upon as a learning opportunity, and not as something to fret about. Once you have practiced 4-5 tests, your scores are bound to improve, given that the level of the questions does not vary too much.
courtesy gmatbuster.com
our GMAT score can significantly affect your chances of admission. Without a good score, you have little or no chance of making it to a top school. GMAT tests skills that are usually developed over a period of time. However, a well-planned preparation schedule can help you ace the GMAT. The first thing is to approach it with the right attitude.
Developing the Right Attitude
Once the importance of the GMAT has clearly dawned on you, you can approach it with the right amount of determination and discipline. It helps to face the GMAT as a challenge – a challenge that should get your adrenaline flowing, and bring out the best in you. To succeed, you need to have a focussed and concerted approach towards the preparation; given the nature of the test, regular practice along with expert guidance can work wonders for your final score report.
How much time do you need to prepare?
To a large extent, this is a function of your initial state of readiness. The GMAT requires primarily two kinds of theoretical inputs : basic math (comparable to Grade 10 syllabus, but subject to severe pressures of time) and grammatically correct English. Both of these are skills acquired over many years of schooling, and the stronger your foundations in these subjects are, the easier it is for you to prepare. Typically, I recommend that you start preparing at least 3-4 months before your test date. During this time period, your preparation will be divided into two parts – the initial 1�-2 months when you concentrate on strengthening your foundations by delving into the topics of the GMAT syllabus, and the final two months or so when you will focus on sample GMAT tests that give you a feel of the actual computer adaptive GMAT.
Computer Practice : A Pre-requisite for the GMAT
Ever since the GMAT became a computerized test in 1997, the ETS (the organization that conducts the examination all over the world) has had a lot of opportunity to experiment with the content and composition of the GMAT. Computerization has no doubt been a step forward in the conduct of the GMAT, making it all the more demanding and challenging. The unique adaptive nature of the GMAT ensures that the questions on the test match your ability level – so you can rarely have a test that was "too easy" or "too difficult". Given the competitive nature of the exam, there is no way that you can hope to score high without actually preparing on the computer. You need to not only familiarize yourself with the instructions and format of the GMAT, but also acquaint yourself with the adaptive nature of the test so that you can finish the test in time. Finally, you need to practice on the computer for the writing section of the GMAT – in which you need to type two meaningful essays on the computer in a space of 60 minutes. If you are not used to regularly working on the computer, you might find yourself woefully short of words on the day of the test.
The Preparation Process
Developing the Right Attitude
Once the importance of the GMAT has clearly dawned on you, you can approach it with the right amount of determination and discipline. It helps to face the GMAT as a challenge – a challenge that should get your adrenaline flowing, and bring out the best in you. To succeed, you need to have a focussed and concerted approach towards the preparation; given the nature of the test, regular practice along with expert guidance can work wonders for your final score report.
How much time do you need to prepare?
To a large extent, this is a function of your initial state of readiness. The GMAT requires primarily two kinds of theoretical inputs : basic math (comparable to Grade 10 syllabus, but subject to severe pressures of time) and grammatically correct English. Both of these are skills acquired over many years of schooling, and the stronger your foundations in these subjects are, the easier it is for you to prepare. Typically, I recommend that you start preparing at least 3-4 months before your test date. During this time period, your preparation will be divided into two parts – the initial 1�-2 months when you concentrate on strengthening your foundations by delving into the topics of the GMAT syllabus, and the final two months or so when you will focus on sample GMAT tests that give you a feel of the actual computer adaptive GMAT.
Computer Practice : A Pre-requisite for the GMAT
Ever since the GMAT became a computerized test in 1997, the ETS (the organization that conducts the examination all over the world) has had a lot of opportunity to experiment with the content and composition of the GMAT. Computerization has no doubt been a step forward in the conduct of the GMAT, making it all the more demanding and challenging. The unique adaptive nature of the GMAT ensures that the questions on the test match your ability level – so you can rarely have a test that was "too easy" or "too difficult". Given the competitive nature of the exam, there is no way that you can hope to score high without actually preparing on the computer. You need to not only familiarize yourself with the instructions and format of the GMAT, but also acquaint yourself with the adaptive nature of the test so that you can finish the test in time. Finally, you need to practice on the computer for the writing section of the GMAT – in which you need to type two meaningful essays on the computer in a space of 60 minutes. If you are not used to regularly working on the computer, you might find yourself woefully short of words on the day of the test.
The Preparation Process
- Analyze your position:
Before you proceed with the actual preparation, you need to know where exactly you stand and how much ground you need to cover. It helps to assess your strengths and weaknesses through a good quality test, one that is comparable to the actual GMAT in both the quality of its questions and its scoring. Here, it is very important that you do not attach too much significance to your score on this test – the test has to be purely of an indicative nature. Do not get disheartened with a low score, nor get complacent with a high score, for it can all change – for better or worse – by the time you take the actual test. You can even take a paper test if you cannot get hold of a computer adaptive test.
- Strengthening the Foundations:
As mentioned earlier, the GMAT requires you to have strong fundamentals in Math and English grammar. Once you have an idea of which areas you need to work harder through the diagnostic test, you can accordingly streamline your efforts. A good way is to review the textbooks of the school level, without going into too much detail. Both grammar and math work on the basis of a fairly well-defined set of rules : it’s important to be familiar with these rules. Work on the basics for a couple of months – get the concepts right, clarify all your doubts, work through solved and unsolved examples – before you attempt full length practice tests.
- Practice Tests:
It is important that the practice tests that you attempt have been prepared by some authority, and that they reflect actual test questions and scores. Try taking the tests under simulated conditions with utmost concentration. The complete test is of nearly four hours’ duration – a period long enough for our concentration to flag. It will take a couple of tests before you develop the rhythm for taking these tests. Also, it is imperative that you get a good feedback on your performance in these tests – so that you can learn from your mistakes and make sure you do not repeat them. A mistake on the practice test must be looked upon as a learning opportunity, and not as something to fret about. Once you have practiced 4-5 tests, your scores are bound to improve, given that the level of the questions does not vary too much.
courtesy gmatbuster.com
Saturday, June 9, 2007
US MBA RANKINGS
MBA applications worldwide are expected to increase dramatically in 2007, as candidates gain more confidence in post-MBA employment opportunities. The 2005-6 admissions season saw a rise of more than a third at top schools such as Haas, Wharton, and Yale. The number of MBA candidates has been increasing steadily, following a significant decline in the early years of the millennium. QS TopMBA, which runs the World MBA Tour, the world’s largest programme of business school information fairs, reports over 59,000 candidates attended their fairs in Fall 2005 and Spring 2006, an 8% increase on the previous year. Additionally, the number of GMAT test takers has grown by at least 3.9% worldwide, within the first five months of 2006, according to the Graduate Management Admissions Council.
Here's a glance over the the top MBA institutes in US
Here's a glance over the the top MBA institutes in US
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