07-18-2006, 07:40 AM
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You need to be a professional before you go in for an MBA, say you work in a Bank in operations or Credit etc. then go in for an MBA
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Pracs, you got the essence of the issue but just a small thing I would like to add here. As you would agree that competition for some handful amount of places on these MBA programmes is fierce, it takes a lot more than accademic background. I think to give someone the best chances you have got to be in the most competitive dept of the bank, for example. Operations dept. is perhaps the least competitive of the depts and so is perhaps Credit. Whereas, if you meant credit trading that's something different.
I think usually people do MBAs for career change (especially applicable in Europe where MBAs are not that famous as compared with North America). Also, people usually get into ivy-league colleges if they have experience of M&A or other similar advisory areas. As then they could make a transition into Private Equity shops to make a handsome future.
DT
You need to be a professional before you go in for an MBA, say you work in a Bank in operations or Credit etc. then go in for an MBA
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Pracs, you got the essence of the issue but just a small thing I would like to add here. As you would agree that competition for some handful amount of places on these MBA programmes is fierce, it takes a lot more than accademic background. I think to give someone the best chances you have got to be in the most competitive dept of the bank, for example. Operations dept. is perhaps the least competitive of the depts and so is perhaps Credit. Whereas, if you meant credit trading that's something different.
I think usually people do MBAs for career change (especially applicable in Europe where MBAs are not that famous as compared with North America). Also, people usually get into ivy-league colleges if they have experience of M&A or other similar advisory areas. As then they could make a transition into Private Equity shops to make a handsome future.
DT