F1GMAT: Tell us a little bit about yourself? Was Babson College always your first choice?
Naveen: I completed my Bachelors in Engineering (IT) from Mumbai University and started working in the software industry. My career experience before school has been working in software operations and sales for banks and startups in India, Japan and the Middle East. My last position was working as a project manager with a New Delhi based startup where I was the owner of the mobile and consulting businesses and also worked in pre-sales.
Babson was always one of my top choices for business school. I wanted to get an education that would be helpful towards my long term ambition of starting, managing and scaling my own businesses. I was very impressed by the diverse business interests and achievements of Babson students who have gone on to start businesses in a wide variety of fields (healthcare, web technology, operations, education, real estate etc.) I also received positive feedback from my former clients (one of them is a professor at Stanford University) about the program and quality of alumni, which gave me a lot of confidence in my choice.
Boston has an unmatched educational pedigree with many world-class institutions for business, government, science, engineering and arts (Harvard, MIT, Boston College, Boston University, Tufts, Northeastern, Berklee School of Music, Brandeis, HULT etc.) located here. This also contributed to my decision as I could tap into the local talent, research and network.
I applied to Babson in Round 1 and was admitted with a fellowship.
F1GMAT: Hi Naveen, we were impressed with your blog post “MBA: Hype or Reality? You covered in detail about the motivations for getting an MBA. To summarize your thought, what should an MBA candidate consider before doing an MBA?
1. Get work experience
I personally believe that people get hired based on their work experience first and foremost. Work experience helps people figure out their strengths, weaknesses and areas of improvement. Plenty of freshers blindly want to become consultants or iBankers because the glamour of money blinds them to other factors like constant travel, long work hours and a gap between their passion and their profession. Work ex makes you comfortable with who you are and helps you articulate what skills you bring to a business program or to a new role. It also gives you critical communication, team work and project management skills that serve you well for a post-MBA career.
2. Follow your passion and the money will follow you
Most (not all) Indian applicants follow the money and lose track of what is important for their career. They prioritize the potential earnings from an MBA education over an MBA education that will help them achieve the best from their career. Success and happiness aren't always correlated with money. Do what you enjoy doing and the material benefits will follow.
3. Understand the challenges of doing an international MBA
Don't just follow the rankings. Focus on getting to know the hidden qualities of schools, the location and the cost factor; especially if you plan to grow your career away from the US or in a small business environment.
Most Indian students demonstrate competence in academics, even in business school. While consulting and investment banking jobs usually require a moderately high GPA cutoff, the best opportunities come about as a result of networking. Now, networking requires street smarts and for a student to "get out there" and talk to people in the industry, position oneself for a job or role, and generally prove they are intelligent in real life, not just in exams. Get networking and network hard!
2018 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee (2018)
Top 31 MBA Programs in United States – Total Cost & Salary (2017)
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee (2018)
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA (2018)
MIT vs. Stanford MBA (2017)
Haas vs. Ross MBA (2018)
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA (2017)
IIMA vs. ISB (2017)
+ MBA in France (2018)
Top Industries in France
Top MBA Programs in France
+ MBA in the UK (2018)
Top Industries in the UK
Top MBA Programs in the UK
Scholarships in the UK