2014 ISB Adcom Interview on Career Switching Available!

ISB

ISB

Are you considering applying to the Indian School of Business AND switching careers post-MBA? Then you’ll want to read the following excerpt from our recent Q&A with Mr. V. K. Menon, Senior Director of Placements at ISB, as he discusses important information for career switchers at the ISB.

Question: I have often read about ISB students making career shifts after years of being in one position. How does the one-year program help students to make such dramatic career shifts? How does the school assist students in considering different choices?

VK Menon: As we said at the start, around 70% of the guys shift their careers in some way. Either they shift their function or they shift their industry or their geography or they might shift two of them or they might shift all three…

The important thing is look at it from the eye of the recruiter…The recruiter says fine, you’ve got three, four years of experience in whichever domain you’ve been working in. We will give you credit that you have got to a premium MBA program. We will give you credit that you have done well in your undergrad…But now you should tell me why we should take you over somebody else we can get from the market who is coming from a similar experience background?

Now this is the question you have to answer when it comes to the interview. How ISB prepares you for that is again going back to the question which was asked some time back. Right from the time you join, you will be connected with learning – as we call learning and development experts. These are all people with vertical experience across verticals. That is sales and marketing, technology, finance, etc. and these people will handle and guide you through the process. They will tell you what you need to do to be able to answer that question which we discussed. They will connect you will alumni. They will connect you with industry leaders and experts. There are programs which are specifically designed for industry people to come and give you guidance. So this whole process is orchestrated by the career advancement services group.

Question: What if I want to change industry being from a family business background?

VK Menon: This is also another very interesting question because hidden in the question is another question….Will the companies think that I may not stay with them? There are all kinds of fears which are there in the minds of people who are coming from that background. But what I have seen is, as far as the company is concerned, the company is looking for certain skill sets. That’s number one. Number two is by and large, most companies these days promote an entrepreneurial culture. They want people who are risk takers, who can think differently, who can come up with solutions, who can take responsibility and move forward quickly in a flexible way. So all these are requirements.

Now what I have seen is, unless you are coming in from a family industry which is directly competing or something, which I haven’t had many cases like that, but if you’re coming from an industry, a family – a background where you have your own industry or your family has an industry, these recruiters are quite comfortable taking you because their assumption is that since you have your own industry or participated strongly in it, you will have this in-built characteristics, risk taking, responsible, flexible, move ahead fast, all these entrepreneurial characteristics which become very favorable. So I have seen a lot of people from family backgrounds get very nice roles.

For more questions and answers on switching careers at the ISB, check out the 2014 ISB Career Shifts Q&A transcript or audio file. You can also view Accepted’s Career Changers 101 page for more information.

To automatically receive notices about these MBA admissions chats and other MBA admissions events, please subscribe to our MBA events list. To listen to the Q&A recordings on-the-go, please subscribe to the Accepted Admissions Podcast.







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2014 ISB Adcom Interview Available!

Indian School of Business

ISB

Thinking about applying to the Indian School of Business?

Then check out our recent Q&A with Mr. V. K. Menon, Senior Director of Placements at ISB for valuable information on career prospects for ISB grads post-MBA. Read on for an excerpt:

Question: Can you explain how well ISB graduates are placed in terms of being work ready on the first day? Do ISB and companies that hire consider that the PGP is robust enough to deliver work-ready managers with minimal training?

VK Menon: Let’s look at how we operate. The ISB Program is a one-year program. So right when we were setting up the school the question arose, should we go in for a one-year program or should we do a normal two-year program like many other business schools? The research we conducted showed that if people had more than three years of experience they were in a very advantageous position if they went in for a one-year program, and so we chose the one-year model.

The tradeoff of the model is that in a typical two-year model, you get about 720 contact hours. These are hours which you spend in class with the professors, 720. In a one-year program, that is the one that is done by ISB, you have around 680 contact hours.

So there is a tradeoff of about 40 contact hours, but the advantage is that you get back to work one year earlier.  
 
So that’s how we formulated the design. Having formulated the design, the other thing which we had to do was that we had to do away with all the breaks….This one year is split up into eight terms and each term is one and a half months. In each term, you will do about four to five subjects which means that it’s a very tight program and the program rolls on term after term for one complete year.

Now, the interesting fact here is that close to around 70% of the students who join the PGP Program of the ISB change their careers. They either change their function or they change their industry or they change their location or they change all the three. So the question which was asked becomes very important. How is it that we make these people ready to be operative from day one, how is that we prepare them not just on that curriculum but also on the get-ready-to-industry concept? Now for that we have a complete — under the Career Advancement Services, we have a Learning and Development Department. The Learning and Development Department is headed by vertical specialists….So it is their role…to ensure that you take the right subjects, you go to the projects which you need to do. You may have to choose certain projects which are specifically designed for you. You may have to kind of go out and work with certain industries. You may have to do special sessions from industry experts who are brought in for getting you ready to go to market. So there’s a whole set of activities which are done by the Learning and Development Department.

This department is not in any way associated with the academics that go on. The academics is a stream by itself. The Learning and Development Department just ensures that the student is job ready, job fit for both the interview and for the job, if and when the job is given to you. So that’s the way in which we train students to be ready on day one. Going by feedback of companies which have been recruiting, and we’re very sensitive about feedback, we get back to the companies and we are in close touch with more than about 1,000 companies worldwide. So the feedback suggests that the graduates of ISB have performed exceptionally well when it came to really handling assignments post graduation.

For the complete conversation, please check out the 2014 ISB Career Opportunities Post-MBA Q&A or listen to the audio file. You can also view our ISB B-School Zone for more information.

To automatically receive notices about these MBA admissions chats and other MBA admissions events, please subscribe to our MBA events list. To listen to the Q&A recordings on-the-go, please subscribe to the Accepted Admissions Podcast.







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Free Webinar Available On-Demand Teaching Essential MBA Pre-Application Steps!

If you are applying to b-school next year and missed last week’s webinar, 2014 MBA Applicants: Start Your Engines! 7 Steps to a Stronger MBA Application, then you’ll want to make sure you tune in to the recently posted recording of the webinar.

2014 MBA Applicants: Start Your Engines! 7 Steps to a A Stronger MBA Application: Webinar Tonight!

The FREE webinar provides 7 action items for you to do prior to the publication of next year’s applications. Complete these tasks and you will be prepared to tackle the applications head-on as soon as they are released.

View 2014 MBA Applicants: Start Your Engines! 7 Steps to a Stronger MBA Application now!

P.S. The online webinar isn’t just for those who missed the original – even if you attended the event, you are welcome to view it again or listen to the MP3!













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2013 London Business School Masters in Management Adcom Interview Available!

Alex Salter- Recruitment & Admissions Manager

Alex Salter- Recruitment & Admissions Manager

Are you confused about the difference between London Business School’s MBA and its Masters in Management (MiM)? Are you considering applying for the MiM program but have questions about the program’s curriculum, student life, job prospects, etc.? Are you looking for winning tips on how to best present yourself in London’s MiM application?

If you answered “yes” to any of those questions, then you’ll want to check out our recent Q&A with London Business School MiM reps Ivan Anderson, Client Services Manager at the Masters in Management; Alex Salter, Recruitment and Admissions Manager at the Masters in Management at London Business School; and Daniel Lay, Career Services Recruiter Lead for the Masters in Management at London Business School. Read on for an excerpt.

Question: What are the main differences between the MiM program and the conventional MBA program?

Alex Salter: With regards our MiM program, it really is a pre-experience program for more recent graduates in the last couple of years. The MBA at London Business School, I can certainly say you will be required to have a minimum of two years work experience and it’s actually unusual to see students on the program contributing at that level. The average work experience on that program has risen year and year. At the moment it’s just about six years work experience. So we really are filling the gap in the market. People are graduating more recently looking for that practical business experience, whilst they might not have the practical experience themselves. It may only be in a number of internships that they have undertaken.

Ivan Anderson: …Also, I definitely think the differences between the MBA and the Masters in Management specifically is that we equip individuals who come from various different undergraduate disciplines with the skills and the knowledge, as well as, the tools that they need in order to really begin and to make their impact on the business world. Versus the MBA which is slightly different where individuals either use the MBA to shift careers or to move up to the next level within their career. Versus the MiM which is designed to really give young professionals that are just entering the market the extra competitive edge that they need in order to really make an impact.

For the complete conversation, please check out the 2013 London Business School MiM Q&A transcript or listen to the audio file. You can also view our London Business School MiM B-School Zone for more information.

To automatically receive notices about these MBA admissions chats and other MBA admissions events, please subscribe to our MBA events list. To listen to the Q&A recordings on-the-go, please subscribe to the Accepted Admissions Podcast.




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2013 MBA Waitlist Q&A with Linda Abraham Transcript Available

MBA Waitlist Chat

Waitlisted?

Have you been waitlisted to your top choice MBA program? Are you looking for tried and true tools that will help you gain acceptance from the waitlist? Check out the transcript from our recent Q&A, 2013 All You Need to Know About MBA Waitlists Q&A with Linda Abraham, CEO of Accepted.com, for advice on all aspects of the MBA waitlist.

During the Q&A, Linda answered the following questions (and others):

  • What is the ideal frequency of emails to the waitlist manager?
  • Is there strategically a good time when to send my letter, i.e. right away versus waiting until round two responses go out?
  • Is it acceptable to say that you have registered for an online class recently? There won’t be a grade to report back, but would this effort make a difference?
  • Most schools say a visit to campus does not affect decisions because they don’t want to penalize people who cannot make it. But, can a campus visit help show interest and passion that may help a waitlist candidate?
  • Is it true that schools do in fact rank the waitlist? If so, when do they typically begin that ranking?
  • Do you suggest we sit tight for schools like HBS who say to send in nothing?

For the complete conversation, including answers to these questions, please check out the 2013 All You Need to Know About MBA Waitlists Q&A transcript or listen to the audio file.

To automatically receive notices about these MBA admissions chats and other MBA admissions events, please subscribe to our MBA events list. To listen to the Q&A recordings on-the-go, please subscribe to the Accepted Admissions Podcast.


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