First of all make your question little clear that what you want to go for in MBA.Basically what will be your specialization? According to that a person will be able to answer.
If you go for finance,then remember for first two years dont think to get a high package as this financial crisis will be for next two years.Yes if u are an excellent student then no problem.I wont say that you should not go rather i will say this is the best time to enter or study as when you will complete your education in hope the scenario will be fine..
Noways chill out and check your financial thing and see till when you have to repay that and if u want to share how much and when then i can see the future prediction and guide you better.
I suggest that if your finances are not stable, then better to drop the idea of doing an MBA right now. It would be far better to look for a job, even if initially it is for a small salary. Once you start saving your earnings, you can then pursue your MBA at any time. Eduation knows no age limit! In fact, once you get a secure job, you could even think of doing an MBA part-time or through correspondence or even online [make sure it is from a recognised Institute].
Start looking for a job right here at ISC - it has an excellent database & a great fresher jobs database. I know the times are tough for job seekers but perseverance,determination and faith go a long way.
All the Best!
Keep smiling...one day life will get tired of upsetting you.
Thanks & Regards
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It doesn't matter you are doing MBA or not it matters what one likes and dislikes don't be so futuristic think what present condition demands.
As a teacher i can say one must complete his education as early as possible and if it is in continuation, its always better.
As far as your financial condition is concerened you are a B-tech graduate you can get any part time job in mumbai.
Mind you Rushu opportunity knocks only once you have got 91.53 percentile. Can you get more or equal score next time?
May be yes. May be... No.
Go live your dream.
There are various factors which should be considered before you decide for MBA.
If you are Interested in MBA?
Then you should prepare for cat/mat/GMAT .
You should go for coaching and get a good score.
If you Do MBA in other than top 50 B school its waste.
Your Financial Background must be sound.
You should be strong determined person.
doing MBA after your profesion is ur choise through that you get promotion easily.
kather mannan mohamed
Work for 2 years in which you could pay off your loan and also have an edge of work experience when you apply for MBA after two years
may be after 2 years the entire crisis will be recovered and the job option may increase
If all the meritorious students goes to US or UK then how our country being developed? If you are a good student then think about our country and try to understand what should our country needed.
Good moral is when one stood beside others in every moment. Now our country needs you and you can change our country through your business mind.After recession many meritorious students are adopted by big industry from IIMC. So don't think so.
On thing which also want to make you clear that CAT score card is only valid for two year's.If you are completing your engineering course in the year 2014 then it will not be valid and again you will have to apply for CAT exam to take admission in MBA course.
Only graduate pass out candidates are eligible to apply for CAT exam whose minimum marks should be 50% if they are from general or obc category and 45% for sc and st category.
You can apply for jobs in government sectors also after completing your engineering course such as in UPSC IES(Indian Engineering Services),AFCAT(Air Force Common Admission Test).You will also be able to get jobs in navratnas and maharatnas companies by passing the public sector undertaking entrance exam.
Id you are thinking of doing an MBA my advice do it from a reputed University, or go for a PGDM from a reputed college that has good placement record.
PGDM and MBA is the same its just MBA is a degree and PGDM is a diploma as private colleges cannot award you a degree but PGDM has high placement rate than MBA as colleges are dedicated to placements more than a university is. The prestigious IIM's have PGDM coarse's not MBA.
Hope that clears the doubt for all.