Category Archives: Asian MBA

Which college I am “not” applying to?

Which college I am “not” applying to?

It’s official for me. I am not applying to Rotman, Ivey and National University of Singapore. I am laying out the criteria for my decision. It’s  my personal opinion. Shoot me, but you could not kill me!!

1. Ranking – Don’t get me wrong. Ranking doesn’t fairly and unequivocally characterize the marked individuality of the college. A college is a conflation of academic excellence, powered knowledge, resourcefulness, interactive human minds, research-based learning, etc. However, for an average prospective student, it is nearly impossible to gather all the focal points to make an informed decision in a short “college-research” period. So a ranking could be used as a guideline to start with the college -research. I must admit that some rankings are deficient because of their brazen attitude to ignore the obvious and widely-known facts. One such fact is that there are few colleges that are unparalleled in their approach, that are a force in influencing the global thinking, that are leaders in diversified research, and that challenge a status quo in their endeavors. For instance, Wharton MBA is globally known for its prowess in an academic community. Still it is considered one of the top colleges, not “The College”. The other fact is that the past of the college should not be treated as the ghost of the present. For example, Cornell University is one of the Ivy League college. Oxford and Cambridge gave global thinkers, who changed the world as we know it. But when it comes to MBA program, it seems that the self-proclaimed ranking institute treats Cornell, Oxford or Cambridge as one of the 101 Dalmatian dogs. Those colleges should be, and must be, in the top of the ranking regardless. Unfortunately, these factors are treated equally for every college in the name of “leveling the academic playground for MBA”. Nonetheless, here are my thoughts on some colleges that slipped my list.

ROTMAN – I have looked last 7 years of FT ranking. My criterion is simple. Consistency.  A consistent behavior shows that the academic institutions are not afraid about the market’s opinion, recruiter’s prejudice, student’s selectivity, and teaching faculty’s eccentricity. Rotman dared to challenge the status quo but failed to lift its standard in its attempt. There are many factors against its stature. And the great recession definitely tested its strength. Due to its inconsistency and wobbly ranking in 7 years, I am not sure if I would want to be associated with this academia. I am sure future holds great things for this college as the defined path has promising results. But I will wait at the shore for awhile.

IVEY – Ivey is a recognized college. But it has not been able to establish its dominance in the ranking. Ivey is widely-known for its fast-paced curriculum ( since it changed its format to one year MBA) and its connection to some distinct industry. However, I could not see Ivey racking up the ranking in near future. The reason being – there are many such good colleges and not just in Canada but in Spain, France, India, China, etc. So for now, adios Ivey.

NUS ( National University of Singapore) – Like some other Asian MBA college, NUS is seeing a resounding success in climbing up the ladders of the prestigious ranking. I did my research. And I come to the conclusion that the inherent reason for its climbing the bandwagon is its recently changed policy, which is not suitable for its future growth. NUS focuses more on younger applicants, who join with lower pre-MBA salary. And NUS caters to the consulting industry, which commands high caliber recruits and more salary. Not surprisingly, the average GMAT score of Indians ( with consists of 40% or more of the class) is well beyond 700 to 720. NUS’s commodity approach is one of the deciding factors for me to take the banner down from my list. Of course, NUS will remain the best MBA College in Singapore. And for the same reason, top consulting firms recruit from its BBA class.

2. Location – Whether we are talking about the real estate or job prospect, location is the key ingredient in shaping the future.  A vibrant location attracts good companies, great people and diversified culture. So here is my take on it.

ROTMAN – The location is great for the finance enthusiastic. But my ambitions lie on the consulting front. Also, Canada has the dearth of good locations. If I could not get a job in Toronto, God help me with my job search. Also, the neighboring giant sometimes overshadows the great Toronto.

IVEY – Same reason as mentioned above. Also, my targeted companies are not located in the near vicinity of the college campus.

NUS – While the location is stated as one of the best place to live and work, I am not that crazy about Singapore, per se. I need a wide access to Asian market, and Singapore could not provide me that.

3. Diversity – For me, the diversity is as important as the reputation of college. And I defined diversity beyond the sheer numbers provided by the university. I keen to see diversity in faculty and students. So here is my take on it.

ROTMAN & IVEY – Although, you can find ample examples of diversity, it is not enough to entice my attention. I am not impressed with the faculty diversity. And I was wishing to see more geographical and professional diversity.

NUS – The lack of distinct diversity is the prime reason I dropped NUS from my list. NUS’s diversity is more inclined towards the Asian students. When it comes to European and American students, it seriously fails to appeal the majority developed country.

4. Faculty – The selective criteria in this category are Phd Holder, Research Center, Business Experience, Company’s tie-up, and Teaching Methods. Well, HKUST, LBS, and Cambridge top my list; On the other hand, Rotman, Ivey, and NUS could not garner enough credibility.

Career Placement

Career Placement

 

There are loads of non-Mandarin speakers in each class and most get jobs after they graduate, outside of Finance industry too. It is true that you will suffer intense competition from mandarin speakers, but it is your competitive edge that will help you with a job in China/USA/Japan.

I have come across seniors from Brand Mgmt, Business Dev, Consulting, GM, Marketing with great roles [& w/o mandarin skills].

It is better to learn mandarin here as it will help you in appreciating the local culture better and also in mingling with the class.

note: It is recommended to take lots of finance courses in HKUST as they are so good! I am not majoring in FIN but have taken/taking loads of exciting FIN-courses in Spring

 

 

MBA life: HKUST Business School – Interview

MBA life: HKUST Business School – Interview

You have a very international background. Why did you come to Hong Kong for an MBA?

Though I am an Australian citizen, I was often tasked to work for Asian clients at IBM. This led me to think that I could not and should not cut my links to Asia and this is where I should build my career. And it was obvious that Asia, especially China, is growing so fast that a growing number of MBA holders from Western schools are coming to this region to find jobs. So there were few reasons for me to do an MBA outside Asia.

Did you apply to other schools in the region?

After doing research for a while, HKUST and Insead became my top candidates. But I had to consider that Insead has two campuses, one in France and one in Singapore, and staying on the Singapore campus may not have given the full experience one can get from the main campus in France. Meanwhile, HKUST is also rising fast in the global business school rankings (from 16th to 6th place over the past two years on the Financial Times list). Finally, the school offered me a partial scholarship, which I accepted with gratitude.

What is your favorite course?

It’s Money and Macroeconomics by Prof. Milind Rao. It opened my eyes to the world of money markets and stimulated my curiosity in current affairs around the globe. Prof. Rao continually prompts us with thought provoking and intellectually challenging topics. He has an uncanny ability of making students concentrate during the full 3.5 hours of his lectures. In class, we also had to give a full-day presentation from 9 a.m. to 6:30 p.m. in front of classmates and guests.

What was the topic of your presentation?

We had to pick one company in the context of the recent financial crisis, or one country in the context of the ongoing european crisis. We did Freddy Mac (U.S. mortgage firm) and the financial crisis.

Does that mean that you are planning a career in finance?

No. The reason I quit engineering was that I wanted to work in a field that was not too technical. To me, finance just seems so and I don’t feel that it fits my character. I am rather looking for a position at a strategy or management consulting firm, or an in-house consulting role at a big corporation. But it is true that many of my classmates, especially people with engineering backgrounds, are hoping to work in the financial industry. In such cases of career changing, doing an internship at the right place is crucial.

Are you looking for an internship, too?

The summer internship application is in process for many firms and I have already secured two offers – one from a Korean conglomerate in Seoul, and one from an American industrial firm in Hong Kong. I’m waiting for the third one, and this is a U.K. bank operating in Germany. So I am quite open for opportunities and I am not against any specific industry.

What will you do after the internship?

There is a four-month exchange program in partnership with many schools around the world, and I am going to stay at NYU Stern. About 70 of us (out of a total 120) will leave HKUST for the exchange program in the final semester.

Besides studying, do you have any fun events or activities?

I recently played football in a 7-a-side tournament, against six other MBA schools in the region as well as the HKUST alumni team. We lost to the old boys in the semifinal and beat a team from Nanyang Business School in the match for the third place. Insead won the trophy.

What’s your long-term career plan?

I do not want to go back to Australia immediately, since Asia is becoming big in the field of business and I want to live a busy life for a while. But in the end, I think, I may go back and settle down in Australia or New Zealand when I come to have children to look after. I grew up there and I have so many fond memories on those countries. I also thank my parents for taking me there when I was young.

Interview by Cho Jin-seo

Collection of Interview

Collection of Interview

Source

-Tell me about yourself?
-Why MBA?
-Why HKUST?
-What is your leadership style?
-What is your career goal? Will you change your job after graduation?
-Tell me an instance of conflicts with others. How did you handle it?
-How do you contribute to your classmate outside class room?
-What courses of HKUST MBA are you interested in? finance or marketing?
-Do you have any questions for the HKUST MBA?

Not sure if this would apply to all interviews, but I was asked a few questions about dealing with Chinese culture as a foreigner, working on a team with both foreigners and local Chinese, etc. “Inter-cultural experience” type questions basically…

One of the interviewers also threw out an interesting question that I wasn’t prepared for at first…

- “Which of your recommenders do you most admire and why?”

Admittedly this question caught me off guard, but I was able to answer it effectively since I’m good friends with my recommenders.

 

Panelists: Prof. Jeevan and M/s Karen

Questions
1) Something about yourself
2) How does subprime crisis and global melt down will affect Indian operations of my company
3) If you are doing so well in the company, why do you need MBA?
4) Why do you want to come to HKUST and not go to IIM instead?
4) What are your key strengths which help you succeed? What are your weaknesses?
5) What if you dont get into MBA this year? What is your further plan if you dont get in MBA
6) What are the challenges you will face if you move to HKUST
7) Have you thought about continue in I-Banking? (Have put consulting as career change)