Your seniors (colleagues, friends, college-mates) will confess. In their ‘study abroad’ journey, the international MBA admissions process was among the most agonizing steps. Draining and challenging enough to call for a mini-celebration once the final application has been submitted, without even waiting for the results.
Add to that the fact that an average GMAT score for Indian applicants isn’t something that Admission Officers would go ga-ga over.
After all the application effort, if you get admitted to any of the MBA colleges you applied to, what would you do? Choose the best from the lot and move on to the next phase.
Samriti Sood, who got multiple offers from MBA colleges abroad (USA) with a GMAT score of 670, took the road less preferred. She decided to re-apply in the subsequent year. She explains her rationale for doing so.
Why I rejected admits from low ranking MBA programs in USA / UK
by Samriti Sood
I had a Pre-MBA work experience with Nokia Siemens Networks (1 year) 4 years Cisco Systems as a Software Engineer.
Gradually, I realized that I like to interact with lot of people on daily basis and be a front end of a team. Marketing seems a perfect option.
In order to make this transition smooth, I realized I needed an MBA to help me get the exposure and build the skills that were missing.
I started with my GMAT preparation in May 2013. It involved a self-study of 3 months along with coaching (coaching helped me to be more disciplined).
The score of 670 and the typical mindset of people around, disappointed me initially.
700 se kam me to kuch nai milega! [A score below 700 will get you nothing]
So I re-took the GMAT, In my second attempt, I got 670 again!!!
Dealing with the dilemma: Accept / reject low ranked MBA programs
I had got admissions in few average B schools in USA & UK for 2014 Fall intake. This is when Sameer Kamat gave me the most valuable advice. Here’s a summary of what he said.
– Keep your patience and persistence. It is better to wait for 1 year and not go to a low rated school just to save 1 year.
– Since an MBA is one of the most important decisions of your life, do not make decisions in haste.
– Be proactive but be patient as well!
– Apply as early as possible to few more good B schools of your choice.
– You have your job and you do not have anything to lose.
I personally did not want to regret 5 years from now thinking “I could have gone to a better B school“. Thus, I decided not to accept any 2014 intake offer.
I am glad I waited for another year. During the course of this year, I gave a second shot at GMAT, got a 670 again.
Currently, I have got offers from Oxford MBA (Said Business School), Manchester Business SChools and the University of Hong Kong so far.
Oxford University is definitely the first choice. I am still awaiting results from U.S. MBA colleges to which I am a re-applicant- Kelley and Smith.
On the MBA Crystal Ball forum, I’ve shared my Oxford interview questions and some tips that helped me.
After getting the Oxford admit, I haven’t stopped smiling and thanking my mentors who were there to guide me. But I still have to make few decisions before I accept the Oxford offer.
MBA Reapplicant Strategy Tips
If you are selecting any MBA consultancy services, select a consultant who inspires you, does not demotivate you and gives you a practical advice.
Many MBA consultants in India de-motivate you and push you to apply to middle/low quality schools just to increase their conversion rate.
Also, do not try to take advice from everyone. More than helping, it can confuse and hurt you.
Nothing can replace hard work and persistence.
If you planning to start your MBA program in 2015 Aug, finish your GMAT by 2014 early(say March). It gives you time to do research about your colleges/ improve your GMAT score.
All the best!
Samriti’s decision to reject offers from the lower ranking MBA programs was driven by her belief of whether she could do better.
There are no hard and fast rules about which overseas MBA universities are good / bad. A low ranking MBA program may not be bad. Be aware that MBA ranking methodologies can be pretty biased.
Blindly joining a top ranking MBA college also may not be the best strategy. Read up this post on the RoI of top ranked MBA programs in the world.
If you’ve chosen your bschools well to begin with, it may make perfect sense to not let go of the bird in hand. Waiting for a whole year and repeating the application exercise doesn’t guarantee admits from better MBA colleges.
Find out where the sweet spot lies for your profile and then select bschools to target.